Company Number 5754077 Charity Number 1120989 Seaham Harbour Cricket Club Financial statements For the year ending 30 September 2024 Seaham Harbour Cricket Club Trustees, Annual Report and Financial Statements As at 30th September 2024 The trustees, who are also directors for the purposes of company law, present their report and accounts for the year ended 301h September 2023 which have been prepared in accordance with the requirements of the Companies Act 2006, the Charities Act 2011, the Memorandum and Articles of Association, Finanaal Reporting Standard 102 and follow the recommendations in Accounting and Reporting by Charities: Statement of Recommended practi￿ applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102A) (effective January 2019). Reference and Administrative Inforniation Charity Name Seaham Harbour Cricket Club Charlty registration number 1120989 Company registration numb•r 5754077 Charity Trustees The trustees who served the chanty during the period were as follows: Mr D Bacon Mr S Hagan Reglstered Office and Principal Address New Drive Seaham Co Durham SR7 7BX Bankers Uoyds TSB Bank pl Scottish Widows 67 Morrison Street Edinburgh EH3 8YJ Indepondent Examiner Adam James MAAT Eric Southwick & Co Accountants 51 The Avenue Seaham Co Durham SR7 8NS Seaham Harbour Cricket Club Trustees, Annual Report and Financial Ststements As at 30th September 2024 Structure, Governance and Management Constltution Seaham Harbour Cricket Club was incorporated as a limited company on 23￿ March 2006 with company number 5754077. It was registered as a tharity on 27th September 2007 with charity number 1120989. It is govemed by the Memorandum and Artides of Association dated 23rd March 2006 arKI amended 29th August 2006. Trusts8 Appointments New trustees may be nominated arKI elected at the charity's annual general meeting, but the total number of trustees may not exceed 5 nor fall b8low 3. At every annual general meeting one third of the trustees rets're from offica but may be re-elected. Objoctlvos. Actlvltles and Achlev•m•nts Charftable Objects The objects of the charity are: a) To promote community participation to the residents of Seaham and the surrounding area with an access to all policy to play cricket. b) To estsblish and secure the establishment of a cricket club and maintain and manage the same whether alone or in partnership or in co-operation with other persons in furtherance of the stated objects. Actlvltl•8 and Achlovements Wrth the continued dedication and resilience of the of the committee, members, players, coaches and supporters of the dub we were able to continue and fvnction well on all playing fronts. There was a number of ad)ievements within the year. 1. We made our milestone promotion retum to the North East Premier League Division 1 after 7 seasons away. an upstanding achievement and finished 5th. In addition to this signfficant dub retum to the league they made rt to the quarter finals of the league 100 Cup. Our 2nd and MId￿k team both finished 7th and our Development team reaching 5th In their respective tables. 2. Seaham Harbour Cricket Club's v￿Men,5 teams continued to enjoy the development of their cricketjoumey and went from strength to strength playing local teams and dubs. 3. In the 2024 Season had 102 JunloryJ play cricket across 13 teams wtlh an outstanding of 13 trophies. We have had our first ever U7s team in the 2024 season. We have also continued to have junior players selected and ex￿1 in the Durharn County teams. Junlor Cup wins U15s- WA BenrEtt Trophy, U13s - Girls- DCBJL, U13 League. U13s- Southeast League. U13s- Emie Lamb Trophy, U13s - MP Rush Trophy, U13s - NEPL Cup, U11 s - Southeast League, Ul1 s- Albert Peel Trophy. U11s - Champions Trophy. Seaham Harbour Cricket Club Trustees, Annual Report and Financial Statements As at 30th September 2024 U11s -Plaque. U11s- Bary Hicks Trophy. U13s- John Blackford Trophy, U9s - Softball Wnners at Sauiston. 4. The club continues to be run by a dedicated robust team of volunteers including, bar, deaning, rnaintenance, grounds and coaching staff 5. Seaham Harbour Qicket Club has continued aspirations arKI plans for the Goming year (s) We continue to seek funding for the replaC￿ent of the changing rooms. the team remain fully focused this is number 1 priority for the club. The changing rooms will be used for disabled, junior. female. and rnate cricket. They will also have Sp￿ for umpires and officials. b. Intemal renovation plans were finalised during Season 2024 and this worf( is planned to tske in winter 2024125 this will increase the capacity of the dub to allTh for additional membership and private furthns to help assist fvndirvJ. Volunteers The Trustees consider the work of volunteers invaluable to the running of the charity. Publlc B•nefit The trustees confimi that they have referred to the guidance contained in the Charity Commission's general guidance on public benefft wthen reviewing the charity's aims and objectives and in planning activities and setting policies and priorities for the year ahead. Future Plans Plans are to fvrther assist the playing of crid(et within the local area, and to continue this by providing funding and facilities to allow this to happen. To continue to provide cricket for players of all ages and abilities. Reserv•s Policy During normal operating conditions the trustees aim to hold reserves equivalent to approximately 3 months, running costs. The reserves held on 30th September 2024 totalled £124,986 (2023: £115,943). Responsibilitles of the Trustees Charity law requires the trustees to prepare financial statements for each financial period, which show a true and fair view of the state of affairs of the charity and its financial activities for that period. In preparing those financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently: make judgments and estimates that are prudent and reasonable: state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disdosed and explained in the financial statements. and prepare the financial statements on the going con￿rn basis unless it is inappropriate to presume that the charity will continue in existence. The trustees are responsible for keepirKJ proper accounting records which disdose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011 . They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Seaham Harbour Cricket Club Trustses, Annual Report and Flnancial Statements As at 30th September 2024 Small Company Provision8 This report has been prepared in accordance with the small companies, regime under the Companies Act 2006. Signed on behalf of the truslees. S Hagan Trustee Date: 2616125 Seaham Harbour Cricket Club Trustees, Annual Report and Financial Statements As at 30th September 2024 Independent examinerfg Report to the Trustses of Seaham Harbour Cricket Club Limited. I report on the accounts of the Charitable Company for the year ended 30th September 2024, which are set out on pages 6 to 11. Respective rnsponslbilities of trustees and oxaminer The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the 2011 Act) arKI that an independent examination is needed. Having satisfied myself that charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: examine the accounts under section 145 of the 2011 ACL to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5){b) of the 2011 Act; and to state whether partiojlar matters have come to my attention. Basis of Independent examinerfs report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination indudes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also indudes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently. no opinion is given as to whether the accounts present a Irue and fair vieyf and the report is limited to those matters set out in ts statement below. Indopondent examinerfs statement In connection with my examination, no matter has come to my attention: which gives me reasonable cause to believe that, in any material respect, the requirements a) to keep accounting records in accordance with section 386 of the Companies Act 2006; and b) to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been me( or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Adam James MAAT Eric Southwid( & Co Accountants 51 The Avenue Seaham Co Durham SR7 8NS Date: 25106r2025 Eric Southwick & Co Adns om iifil.Ipl£ & fhdril [￿￿ertS Seaham Harbour Cricket Club Trustees, Annual Report and Financial Statsments As at 30th September 2024 Statement of Financial Activities (incorporating the Income and Expenditure Account) for the year ended 30th Septsmber 2024 Unrestricted funds Restricted Total funds Total funds funds 2024 2023 Income and endowments from Donations and legacies Charitable acts'vitie5 Other trading activities 65.161 6.926 65,161 6,926 59,905 5.662 1,515 Total 72.087 67,082 Expenditure on: Charitable activitses Total resources expended 56.559 56,559 6,484 6,484 63.043 63.043 56,329 56,329 Net incomel(expenditure) Net movement in funds 15.528 15.528 {6.484) (6.484) 9,044 9.044 10.753 10,753 Reconciliati¢)n of Funds Total funds brought forward Total funds carried forward 12 105.775 121.303 10,167 3,683 115,942 124.986 105.190 115,943 Seaham Harbour Cricket Club Trustees, Annual Report and Financial Ststements As at 30th September 2024 Balance Sheet As at 30th September 2024 Company number 5754077 2024 2023 Fixed A55ets Tang￿le assets Investrnents Total fixed assets Current assets 27.692 28.743 80 28.823 27.772 Debtors Cash at bank and in hand Total current assets Current Liabiltties Creditors: Amounts falling due wlthln one year el CU￿Ont ass•ts Total assets1gM current liabllities 10 79.814 18,015 97.829 79.814 7.801 87,615 11 616 495 97,213 124,986 87,120 115.943 The funds of th• ¢harfty Restricted income funds Unrestricted income funds Total unrestricted funds Total charlty fund% 12 12 3,683 10,167 121303 105 775 121.303 124.986 10S.775 115.943 13 For the year ended 301h September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors a¢knowledge their responsibilty for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts. The accounts have been prepared in accordance with the micro-entity provisions. The financial statements on pages 6 to 11 were approved by the trustees and signed on their behalfr. S Hagan Trustee Date: 2616125 Seaham Harbour Cricket Club Trustees, Annual Report and Financial Statements As at 30th September 2024 Notes to the accounts 1 Accounting policies In preparing the accounts the following accounting policies have been complied with: a) The charity is a public benefft entity and therefore the ffinancial statements have been prepared in accordan￿ with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP FRS 102), the Financial Reporting Standard applicabb in the UK and Republic of Ireland (FRS 102) (August 2014), the Charities Act 2011 and the Companies Act 2006. b) Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note. c) Unrestricted funds are available for use al the discretion of the trustees in furtherance of the general objectives of the charity. d) Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the tenns of an appeal. All incoming resources are induded in the statement of financial activities when the charity receives the income. e) Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. i) Charitable expenditure cornprises those costs incurred by the charity in the delivery of its acttvities and services for its beneficiaries. It includes costs that can be allocated directty to such activities and those costs of an indirecl nature necessary to support them. ii) Govemance costs indude those costs associated with meeting the constitutional and statutory requirements of the charity and include the independent examination fees and costs linked to the strategic management of the charity. iii) All costs are allocated between the expenditure categories of the statement of financial activities on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis as set out in the notes. 2 Going Concern The accounts have been prepared on a going cOn￿M basis. 3 Taxation The charity is exempt from taxation on its income arKI gains where they are applied for charitable purposes. Seaham Harbour Cricket Club Trustees, Annual Report and Financial Ststsments As at 30th September 2024 Notss to the accounts (Contlnuod) 4 Income and endowments from: Donatlons and legacies Unrestsicted Restricted Total funds Totsl funds funds nds 2024 2023 Donatior Seaham Habour Cricket Enterprises Ltd Ferguson's NEf Grant Pullmans Sponsorship Total 19.402 19,402 6,005 32.500 2,000 32.500 2.000 41.000 1.500 5.000 1.500 4.900 59,905 1.500 9.759 65,161 1.500 9,759 65,161 6 Income and endowments from: Charitsble activities Unrestricted Restrlcted Total funds Totsl fun funds 2024 2023 6.926 6.926 6 Income and 0nd0￿￿ents from: Other tradlng activities Unrestrlcted Restrictsd Totsl funds Tolal funds funds 2024 2023 Fw#J Rak8iTrJ eNErtts 7 Expenditure on: Charitable activities Unrestrkted Restrlcted Total fundg Total funds funds funds 2024 2023 Club & grow￿ wjkeep Rapairs & rermvals Depreciation Website Council lax 6,337 2.158 6.337 2,158 8,484 126 6,460 3,540 5.398 477 126 380 3,000 40 Rerrt Sigwe Ix*rd sporn( Equipmertt Fees. & CLP erttries Lknptres & ottw playiru eyrBes Trar￿port ProfessM)nal p*efs salwy arxl ewernes Irthpendert Examrpfs fee Trarrll￿ Ey Troply Experne 3.000 2,732 2,732 50 15.872 799 390 5.807 15,872 18.522 802 3,875 2.009 18.522 802 3,875 2,009 24,910 495 5.633 2.381 Total Notes to the accounts (Continued) 56.559 63.043 56.330 Seaham Harbour Cricket Club Trustses, Annual Report and Flnancial Statements As at 30th September 2024 8 Flxed A880ts Leasehold Plant & Property wulpment Tolal Cost or valuatlon At 1 October 2023 Additiorls At 30 September 2024 Dopreclatlon At 1 October 2023 Charge for ttr* perlod Ai 30 September 2024 53,948 62,337 5.433 116,285 5,433 121718 53,948 34,205 2,697 53,338 3.787 87,541 6,484 Nel book value At 30 September 2024 At 30 September 2023 Leasehold Propety improvements are depreciated on a straight-line basss at 5% par annum on a Straight-line basis. Plant and equipment are depreciated on a straight-line basis at 20% per annum on a straight-line basis. Items below £500 are not capitalised. 9 Inv08tments 2024. 2023 Movemerrt In market value Market Val￿ at 30 September 2023 Ffj8torlcal c08t at 30 September 2022 80 80 80 80 The inve8trnent comprises an 80% shareholding in Seaham Harbour Cricket Club Enterprises Limited. Seaham Harbour Cricket Club Enterprises Limited was incorporated on 2nd February 2007 in England & Wales with company number 06198944. Its rnain activity is the running of the Cricket Club bar. In the year ended 30th September 2024 the company make a profit of £20,520 (2023: £(13,773)) and has capital and reserves of £(4,981) (2023: £{24,871)). 10 Debtor8 2024 2023 Amourt8 11 Seaham Harbour Crlcket Club Trustees, Annual Report and Financial Statements As at 30th September 2024 15 Related party transactions The company controlled its 800A subsidiary company, Seaham Harbour Cricket Club, throughoul the current period. During the period the company allowed Seaham Harbour Cricket Club Enterprises Limited to use the club house free of charge to operate the bar. The company received a donation of £32,500 (2023.. £41,000) from the Seaham Harbour Cricket Club Enterprises Limited in the same period. 16 Controlling Parties The trustees consider the members of Seaham Harbour Crid(et Club to be the ultimate controlling parties of the company. No trustee received remuneration or expenses for their servios as trustees during the current year or the previous period. 17 Company limited by guarantse. The charty is a private company limited by guarantee registered in England and Wales, which has its registered Offi￿ at Seaham Harbour Cricket Club, New Drive, Seaham, Co Durham SR7 7BX. In the event of the company being wound up members are required to contribute an amount not exceeding £10. 12