REGISTERED COMPANY NUMBER: 06506410 (England and Wales) REGISTERED CHARITY NUMBER: 1123292
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 December 2022
for
CHARLBURY CRICKET CLUB
Thorne Lancaster Parker 4th Floor Venture House 27-29 Glasshouse Street London W1B 5DF
CHARLBURY CRICKET CLUB
Contents of the Financial Statements for the year ended 31 December 2022
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Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Statement of Financial Position 7 to 8
Notes to the Financial Statements 9 to 15
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CHARLBURY CRICKET CLUB (REGISTERED NUMBER: 06506410)
Report of the Trustees for the year ended 31 December 2022
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The primary objective of Charlbury Cricket Club remains the provision of community participation and healthy recreation with particular emphasis on the provision of the facilities for the playing of cricket. The Club is committed to the concept of equality and respects the rights and dignity of every person regardless of age, ability, gender, race, ethnicity, religious beliefs, and sexual, social or economic status.
Significant activities
The continued focus on all activities remains the enjoyment and enhancement of any individual member who wishes to participate in a cricket or sporting activity at Charlbury Cricket Club. Very clear emphasis is placed on the development of youth members from the age of 4 to adulthood.
The club continued to field three sides within the Cherwell Cricket league playing in Division 3, 6 and 8 respectively. The 1st XI also entered the T20 Tuesday midweek league and the Banbury indoor league. The ladies and girls' section 1st XI played in the Home Counties Premier League.
The club continued to offer social cricket during the mid-week and on Sundays and organised and participated in various tournaments and leagues at all youth ages across the season. Regular training nights were held throughout the summer for adult, youth, and junior cricket, mainly on Friday evenings and all age groups and genders were catered for through the All-stars, Dynamos and Youth programmes.
Investment in the facilities is a key aspect of the club and this year saw a major investment in the provision of a new practice net facility, upgrading of the pavilion bar and social area, improvements to the entrance and pathway and the creation of a garden and entertainment area. All projects are core to making sure that the cricket club remains an integral part of the Charlbury community, is an attractive venue and encourages community use of all the facilities.
Additionally, the club has identified the need to improve the quality of the squares and wickets and have made the decision to pay qualified and experience personnel to undertake this task. This is a major financial commitment for the club but should lead to very positive results on and off the field. The trustees will monitor the progress and financial commitments carefully.
Volunteers
Although some works are contracted, the Club remains indebted to many volunteers who are involved in all aspects of running and developing the Club.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Membership has continued to increase compared with the previous year's membership. The all-stars and dynamos sessions remain key to this development.
All teams had a positive playing season. The ladies' team proudly won the Home Countries Premier division again and the youth practice sessions were well attended. Youth games were a real success with plenty of cricket being played. The midweek XI again was very popular.
The Club remains highly commended in the assessment of all grounds within the Oxfordshire Cricket leagues.
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CHARLBURY CRICKET CLUB (REGISTERED NUMBER: 06506410)
Report of the Trustees for the year ended 31 December 2022
ACHIEVEMENT AND PERFORMANCE
Fundraising activities
During the year, three major fundraising events were held at the Club.
The Charlbury Beer Festival was held in July and the Firework Display in November, both events being enjoyed and seen as part of the local communities offering.
We also introduced an Oktoberfest event that was hugely popular although the event did not generate any profit. The committee see this as a long-term funding opportunity, and it is anticipated participation will grow over the years. Income was further supplemented by the hire of the ground for wedding and bike race facilities. The club also hires out the ground to other cricket clubs and is used as a home ground for district and county games in Oxfordshire.
No debt was taken out in the year and the club remains debt free and in a very healthy financial situation. It is however anticipated that new square and wicket mowers will be purchased in 2023 on a finance package. The trustees remain confident that the Club remains on a sound financial footing to honour all its commitments going forward.
FINANCIAL REVIEW
Principal funding sources
The Club's principal funding sources are members' subscriptions and fees, along with the fundraising activities mentioned above.
Reserves policy
The trustees are confident that the operation of the Club can successfully continue by relying on fundraising, membership fees and contributions generated from bar and hire activities within the clubhouse and ground hire.
FUTURE PLANS
The objectives of the Club remain to supply cricket to all members of the Charlbury Cricket Club and ensure that the facilities offered to members are of the highest quality.
The Club has successfully ensured an all-year-round usage of facilities by offering the ground to host mini soccer during the winter months and this will continue for the foreseeable future.
Future plans are now focused towards increasing the playing area of the main pitch through a boundary extension project and improving the wicket and square equipment, as detailed above.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Charlbury Cricket Club was incorporated as a company limited by guarantee on 18 February 2008 and obtained registered charity status on 20 March 2008.
The company is governed by its Memorandum and Articles of Association.
Recruitment and appointment of new trustees
Trustees are appointed or reappointed annually at the Annual General Meeting held in March each year.
Organisational structure
The day to day running of the club is set out within the club constitution, with a committee of 12-15 members meeting regularly to oversee the operation of the Club. All financial matters are regulated and reviewed by the Board of Trustees that meets quarterly.
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CHARLBURY CRICKET CLUB (REGISTERED NUMBER: 06506410)
Report of the Trustees for the year ended 31 December 2022
STRUCTURE, GOVERNANCE AND MANAGEMENT Additional governance matters
Charlbury Cricket Club follows the guidance of the English Cricket Board with formal affiliation to the Oxfordshire County Cricket Association. The Club is accredited with the ECB "Clubmark" status.
A full child protection policy remains in place with all coaches and persons in regular contact with children undergoing a Criminal Records Check with the Criminal Records Bureau. The Welfare Officer at the club is part of the executive committee with responsibility to ensure that all protection, compliance and risk matters of whatever nature are correctly addressed by the Club.
All Trustees give their time voluntarily and receive no remuneration or other benefits.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
06506410 (England and Wales)
Registered Charity number
1123292
Registered office
Bell Yard Cottage Church Street Charlbury Chipping Norton Oxfordshire OX7 3PP
Trustees
N Fox C Barras A Shah D King
Company Secretary
P D Jenkins
Independent Examiner
Mr Christopher Kay Thorne Lancaster Parker 4th Floor Venture House 27-29 Glasshouse Street London W1B 5DF
Bankers
HSBC Bank 90 Baker Street London London W1U 6AX
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 22 September 2023 and signed on its behalf by:
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CHARLBURY CRICKET CLUB (REGISTERED NUMBER: 06506410)
Report of the Trustees for the year ended 31 December 2022
A Shah - Trustee
Page 4
Independent Examiner's Report to the Trustees of Charlbury Cricket Club
Independent examiner's report to the trustees of Charlbury Cricket Club ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2022.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mr Christopher Kay
Thorne Lancaster Parker 4th Floor Venture House 27-29 Glasshouse Street London W1B 5DF
Date: .............................................
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CHARLBURY CRICKET CLUB
Statement of Financial Activities for the year ended 31 December 2022
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 26,006 Other trading activities 3 44,823 Other income 5,412 Total 76,241 EXPENDITURE ON Raising funds 24,674 Charitable activities 4 Charlbury Cricket Club 40,802 Cricket activities - Groundskeeping 21,147 Other 4,294 Total 90,917 NET INCOME/(EXPENDITURE) (14,676) RECONCILIATION OF FUNDS Total funds brought forward 75,552 TOTAL FUNDS CARRIED FORWARD 60,876 |
Restricted fund £ - - - - - - - - 64 64 (64) 238,871 238,807 |
2022 Total funds £ 26,006 44,823 5,412 76,241 24,674 40,802 - 21,147 4,358 90,981 (14,740) 314,423 299,683 |
2021 Total funds £ 83,147 33,574 3,784 |
|---|---|---|---|
| 120,505 | |||
| 27,839 12,930 4,907 8,969 6,375 |
|||
| 61,020 | |||
| 59,485 254,938 |
|||
| 314,423 |
The notes form part of these financial statements
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CHARLBURY CRICKET CLUB (REGISTERED NUMBER: 06506410)
Statement of Financial Position 31 December 2022
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 9 40,793 CURRENT ASSETS Debtors 10 3,000 Cash at bank 17,790 20,790 CREDITORS Amounts falling due within one year 11 (707) NET CURRENT ASSETS 20,083 TOTAL ASSETS LESS CURRENT LIABILITIES 60,876 NET ASSETS 60,876 FUNDS 12 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted fund £ 239,707 - - - (900) (900) 238,807 238,807 |
2022 Total funds £ 280,500 3,000 17,790 20,790 (1,607) 19,183 299,683 299,683 60,876 238,807 299,683 |
2021 Total funds £ 248,040 - 68,003 68,003 (1,620) 66,383 314,423 314,423 75,552 238,871 314,423 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
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CHARLBURY CRICKET CLUB (REGISTERED NUMBER: 06506410)
Statement of Financial Position - continued 31 December 2022
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 22 September 2023 and were signed on its behalf by:
A Shah - Trustee
The notes form part of these financial statements
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CHARLBURY CRICKET CLUB
Notes to the Financial Statements for the year ended 31 December 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - not provided Groundkeeping equipment - 20% on reducing balance Furniture & fittings - 10% on cost
Short leasehold premises, the pavilion building, is not depreciated on the basis that the premises will be maintained to its present state as necessary and that the lease with the local authority for the cricket ground will be renewed.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
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CHARLBURY CRICKET CLUB
Notes to the Financial Statements - continued for the year ended 31 December 2022
2. DONATIONS AND LEGACIES
| Donations Grants Club membership subscriptions Match fees Grants received, included in the above, are as follows: Grants from England & Wales Cricket Trust 3. OTHER TRADING ACTIVITIES Fundraising events - bar Fundraising events - other Sponsorships Sundry income 4. CHARITABLE ACTIVITIES COSTS Charlbury Cricket Club Groundskeeping |
2022 £ 4,749 4,750 11,627 4,880 26,006 2022 £ 4,750 2022 £ 38,048 2,497 4,076 202 44,823 Support Direct costs (see Costs note 5) £ £ 32,082 8,720 21,147 - 53,229 8,720 |
2021 £ 59,070 10,000 10,608 3,469 |
|---|---|---|
| 83,147 | ||
| 2021 £ 10,000 |
||
| 2021 £ 32,086 1,378 - 110 |
||
| 33,574 | ||
| Totals £ 40,802 21,147 |
||
| 61,949 |
continued...
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CHARLBURY CRICKET CLUB
Notes to the Financial Statements - continued for the year ended 31 December 2022
5. SUPPORT COSTS
| SUPPORT COSTS | ||
|---|---|---|
| Management £ Other resources expended 2,703 Charlbury Cricket Club 8,406 11,109 |
Governance Finance costs £ £ 62 1,593 314 - 376 1,593 |
Totals £ 4,358 8,720 |
| 13,078 |
Support costs, included in the above, are as follows:
Management
| Management | |||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Other | Charlbury | ||||
| resources | Cricket | Total | Total | ||
| expended | Club | activities | activities | ||
| £ | £ | £ | £ | ||
| Rent | - | 2,125 | 2,125 | 27 | |
| Rates and water | - | 3,145 | 3,145 | (678) | |
| Insurance | - | 3,136 | 3,136 | 2,570 | |
| Telephone | 790 | - | 790 | 1,057 | |
| Postage and stationery | 16 | - | 16 | 559 | |
| Sundries | 435 | - | 435 | 338 | |
| Depreciation of tangible and heritage assets | 1,462 | - | 1,462 | 3,778 | |
| 2,703 | 8,406 | 11,109 | 7,651 | ||
| Finance | |||||
| 2022 | 2021 | ||||
| Other | Charlbury | ||||
| resources | Cricket | Total | Total | ||
| expended | Club | activities | activities | ||
| £ | £ | £ | £ | ||
| Subscriptions | - | 314 | 314 | 332 | |
| Bank charges | 62 | - | 62 | 5 | |
| 62 | 314 | 376 | 337 | ||
| Governance costs | |||||
| 2022 | 2021 | ||||
| Other | |||||
| resources | Total | ||||
| expended | activities | ||||
| £ | £ | ||||
| Auditors' remuneration | 864 | 720 | |||
| Legal fees | 729 | 332 | |||
| 1,593 | 1,052 |
continued...
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CHARLBURY CRICKET CLUB
Notes to the Financial Statements - continued for the year ended 31 December 2022
6. NET INCOME/(EXPENDITURE)
Net resources are stated after charging/(crediting):
| £ | £ | |
|---|---|---|
| Auditors' remuneration | 720 | 720 |
| Depreciation - owned assets | 3,352 | 1,619 |
7. TRUSTEES' REMUNERATION AND BENEFITS
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.
8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 76,247 Other trading activities 33,574 Other income 3,784 Total 113,605 EXPENDITURE ON Raising funds 27,839 Charitable activities Charlbury Cricket Club 12,930 Cricket activities 4,907 Groundskeeping 8,969 Other 4,144 Total 58,789 NET INCOME 54,816 RECONCILIATION OF FUNDS Total funds brought forward 20,736 TOTAL FUNDS CARRIED FORWARD 75,552 |
Restricted fund £ 6,900 - - 6,900 - - - - 2,231 2,231 4,669 234,202 238,871 |
Total funds £ 83,147 33,574 3,784 |
|---|---|---|
| 120,505 | ||
| 27,839 12,930 4,907 8,969 6,375 |
||
| 61,020 | ||
| 59,485 254,938 |
||
| 314,423 |
continued...
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CHARLBURY CRICKET CLUB
Notes to the Financial Statements - continued for the year ended 31 December 2022
| 9. TANGIBLE FIXED ASSETS Short Groundkeeping leasehold equipment £ £ COST At 1 January 2022 239,448 25,169 Additions - - At 31 December 2022 239,448 25,169 DEPRECIATION At 1 January 2022 - 19,985 Charge for year - 1,036 At 31 December 2022 - 21,021 NET BOOK VALUE At 31 December 2022 239,448 4,148 At 31 December 2021 239,448 5,184 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Accruals and deferred income 12. MOVEMENT IN FUNDS At 1.1.22 £ Unrestricted funds General fund 75,552 Restricted funds Pavilion fund 238,871 TOTAL FUNDS 314,423 |
Furniture & fittings £ 55,340 33,922 89,262 51,932 426 52,358 36,904 3,408 2022 £ 3,000 2022 £ 1,607 Net movement in funds £ (14,676) (64) (14,740) |
Totals £ 319,957 33,922 |
Totals £ 319,957 33,922 |
|---|---|---|---|
| 353,879 | |||
| 71,917 1,462 |
|||
| 73,379 | |||
| 280,500 | |||
| 248,040 | |||
| 2021 £ - 2021 £ 1,620 At 31.12.22 £ 60,876 238,807 |
2021 £ - |
||
| 2021 £ 1,620 |
|||
| 299,683 |
continued...
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CHARLBURY CRICKET CLUB
Notes to the Financial Statements - continued for the year ended 31 December 2022
12. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming resources £ Unrestricted funds General fund 76,241 Restricted funds Pavilion fund - TOTAL FUNDS 76,241 Comparatives for movement in funds At 1.1.21 £ Unrestricted funds General fund 20,736 Restricted funds Pavilion fund 234,202 TOTAL FUNDS 254,938 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 113,605 Restricted funds Pavilion fund 6,900 TOTAL FUNDS 120,505 |
Resources Movement expended in funds £ £ (90,917) (14,676) (64) (64) (90,981) (14,740) Net movement At in funds 31.12.21 £ £ 54,816 75,552 4,669 238,871 59,485 314,423 Resources Movement expended in funds £ £ (58,789) 54,816 (2,231) 4,669 (61,020) 59,485 |
|---|---|
continued...
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CHARLBURY CRICKET CLUB
Notes to the Financial Statements - continued for the year ended 31 December 2022
12. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Pavilion fund TOTAL FUNDS |
At 1.1.21 £ 20,736 234,202 254,938 |
Net movement in funds £ 40,140 4,605 44,745 |
At 31.12.22 £ 60,876 238,807 |
|---|---|---|---|
| 299,683 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 189,846 | (149,706) | 40,140 |
| Restricted funds | |||
| Pavilion fund | 6,900 | (2,295) | 4,605 |
| TOTAL FUNDS | 196,746 | (152,001) | 44,745 |
All cricketing and general maintenance of the grounds and pitches is included in the General Fund.
The Pavilion Fund is a restricted fund which was set up to collect donations and other funds raised towards the cost of the new pavilion building.
13. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2022.
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