**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**
**----- Start of picture text -----**
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
**----- End of picture text -----**
**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.
Page 1
**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.
Page 2
**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:
Page 3
**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:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. 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
4. 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: .............................................
Page 5
**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
Page 6
**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
- (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...
Page 7
**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
Page 8
**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...
Page 9
**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...
Page 10
**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...
Page 11
**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...
Page 12
**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...
Page 13
**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...
Page 14
**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.
Page 15