Docusign Envelope ID: 18BFD05D-7E4B-46C4-A80D-71556AF14D9E
Charity number: 1124425
TRENT BRIDGE COMMUNITY SPORTS TRUST
Unaudited
Trustees' report and financial statements
For the year ended 31 March 2025
Docusign Envelope ID: 18BFD05D-7E4B-46C4-A80D-71556AF14D9E
TRENT BRIDGE COMMUNITY SPORTS TRUST
Contents
| Page | |
|---|---|
| Reference and administrative details of the Charity, its Trustees and advisers | 1 |
| Chair's statement | 2 |
| Trustees' report | 3 - 7 |
| Independent examiner's report | 8 |
| Statement of financial activities | 9 |
| Balance sheet | 10 |
| Notes to the financial statements | 11 - 19 |
Docusign Envelope ID: 18BFD05D-7E4B-46C4-A80D-71556AF14D9E
TRENT BRIDGE COMMUNITY SPORTS TRUST
Reference and administrative details of the Charity, its Trustees and advisers For the year ended 31 March 2025
| Trustees | Kate Davies OBE |
|---|---|
| Joanne Belton | |
| Lisa Pursehouse MBE | |
| Mark Worrall | |
| Paul Ellis | |
| Navdeep Sethi | |
| Celeste Sinclair | |
| James Cutt | |
| Charity registered number 06505808 Registered office Trent Bridge Nottingham Nottinghamshire NG2 6AG Accountants PKF Smith Cooper Audit Limited 2 Lace Market Square Nottingham NG1 1PB Bankers Virgin Money 11 Smithy Row Nottingham NG1 3EJ Natwest 52 Rectory Road Nottingham NG2 6FF Solicitors Freeth Cartwright LLP Cumberland Court 80 Mount Street Nottingham NG1 6HH |
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Chair's statement For the year ended 31 March 2025
The year ended 31 March 2025 saw the Trust continue its mission to improve the lives of people in our local communities.
In January 2023 our legal framework switched from being a company limited by guarantee to a more modern constitution, fit for purpose for the challenges ahead. Our first year as a Charitable Incorporated Organisation saw our projects continue to deliver much-needed, tangible benefits to improve the quality of life across a widerange of community groups. Our next step towards a more efficient, modern charity occurred in February 2025 when TBCT further updated its constitution to include 2 new articles:
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The advancement of community development: aiming to reduce social isolation and promote social cohesion by providing cricket activities targeted at under-represented or disadvantaged groups within the community .
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The advancement of amateur sport: To leverage the power of cricket as a force for good, using the sport as a vehicle to address community challenges, enhance education, promote inclusivity and mental wellbeing, and foster a culture of diversity and equality whilst also nurturing the game’s growth and accessibility.
Our Trustees ensure that cricket is used for exclusively charitable purposes. Charitable purposes cover the development and delivery of all amateur cricket under the Club’s jurisdiction.
The Trust uses its stature in Nottingham and across Nottinghamshire as a force for good. A new management team from the summer of 2023 and bringing recreational cricket and cricket development under our charitable activities from 2025 has brought fresh perspective whilst our long-standing programmes continue to flourish.
The Trust has made significant progress over the last year – designing its strategy, amending its constitution, and strengthening its data and governance.
As ever, my thanks go to those who have supported the Trust and its work over the last year. The meaningful change we will help to bring about to the lives of people in our city and county would not be possible without the support of our donors, sponsors, officers, trustees and Rushcliffe Borough Council who continue to be a valued partner.
Joanne Belton
Date: 6/11/2025
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Trustees' report For the year ended 31 March 2025
The Trustees present their annual report together with the financial statements of the Charity for the year ended 31 March 2025. The financial statements 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 2015), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
Trent Bridge Community Sports Trust was a charitable company limited by guarantee, incorporated on '15 February 2008, until 11 January 2023. The company registered as a charity on 9 June 2008, number 1124425.
The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. ln the event of the company being wound up each member was required to contribute an amount not exceeding £10.
From 12 January 2023 the Trust has been a Charitable lncorporated Organisation following a decision to update our governance.
The first step of our modernisation plan was to update the Trust's constitution. Since 2011 the most commonly used incorporated structure for a Charity is a Charitable lncorporated Organisation (ClO). Many older organisations use an old structure (Charitable Company Limited by Guarantee) but this is no longer recommended by the Charity Commission due to the additional bureaucracy it entails (registering with both the Charity Commission and as a company).
ln order to use this model, we needed to change our Company Limited by Guarantee to a ClO. This was a simple process and we were able to retain our existing name, charity number and bank accounts. The members of the CIO have no liability to contribute to the assets of the CIO if it is wound up.
The objects of the Trent Bridge Community Trust have remained unchanged.
Objectives and activities
a. Policies and objectives
The principal objectives of the charity are:
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To promote community participation in healthy recreation in particular by providing facilities for and organising the playing of cricket and other sports and games capable of promoting health;
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To provide and assist in providing facilities for sport, recreation and other leisure time occupations of such persons who have need of such facilities by reason of their youth, age, infirmity or disablement, or poverty and social and economic circumstances or for the public at large in the interest of social welfare and with the object of improving their condition of life;
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To advance the education of children and young people through such means as the Trustees think fit in accordance with the law of the charity.
The Trustees are aware that they must carry on the charity's activities for the public benefit and that they must pay due regard to the guidance on public benefit issued by the Charity Commission. They consider that the charity's aims and activities are for the public benefit as outlined above.
Vision
Our vision is to use sport to deliver inspirational, accessible and inclusive initiatives; to promote educational and social opportunities; to improve the quality of life for disadvantaged young people and to make a positive, real and lasting difference to the local community.
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Trustees' report (continued) For the year ended 31 March 2025
Achievements and performance
a. Review of activities
The Chair's report has already covered some of the activities undertaken this last year. As part of our strategy reset we sought the trustees’ approval to focus on our high-quality delivery of flagship intervention projects (Positive Futures, Forget Me Notts and Notts in Mind), as well as our cricket projects. The trustees agreed this as a strategic way forward.
Through our flagship programme (Positive Futures) we have provided vital guidance and support to local schoolchildren. The Rushcliffe Positive Futures programme is a project that has been supported and funded by Rushcliffe Borough Council for many years, and it continues to impact positively on the lives of young people across the borough by delivering Community Outreach, giving opportunities for local young people to attend sessions to help reduce Anti-Social behaviour in the local area.
Work continues with our Positive Futures Ambassadors Leaders in Training programme which represents the youth voice for Positive Futures, actively guiding and shaping how the project is managed. Ambassadors play a vital role in directing the initiative and contributing to the organisation of projects and activities, ensuring the program aligns with their ideas, perspectives and needs.
Elsewhere, our health and wellbeing programmes (Forget Me Notts and Notts in Mind) have supported adults living with dementia, their carers, and those women who need extra health and wellbeing support.
Our Forget Me Notts programme continues to grow in numbers with membership now over 170. Activity opportunities have been diversified following member feedback and now include dance sessions using memorable songs as suggested by members (wedding songs etc) and more recently, low-impact boxercise.
Our relationship with The Alzheimer’s Society after their visit to Trent Bridge in November 2024 has led to us receiving regular referrals to Forget me Notts. Our Forget Me Notts carers’ group is also proving a huge success, with the carers providing support and help to each other via WhatsApp.
Notts in Mind has expanded with a new session in Lenton, delivered at The Lenton Centre. Sessions have included gym, nutrition, mindfulness/yoga, walks, touch rugby and boxercise. We are seeing steady growth in membership, with over 20 women registered.
In terms of our new charitable activity around recreational cricket and cricket development, one of our key programmes is Cricket Cities. We were successful in our application for Cricket Cities funding (previously Core Cities) in December 2024. Funding was secured to deliver cricket activity in the city within our Black and South Asian communities for the next 3 years.
We continue to make best use of the iconic space from which our Community Trust operates. As well as our projects and programmes we have sought to foster community spirit. The Community Iftaar at Trent Bridge brought together families, faith leaders and civic partners to share in the spirit of Ramadan. For many attendees, particularly those from Muslim and migrant backgrounds, it was a meaningful gesture of inclusion and respect. The event aimed to strengthen community bonds, and demonstrated the positive role public spaces can play in promoting cohesion.
Hosting Eid prayers at Trent Bridge had a similarly positive impact, particularly for refugees, asylum seekers, and individuals estranged from their families. For some attendees, it was their first time celebrating Eid in the UK, and being welcomed so warmly into an iconic communal space offered cultural affirmation and connection.
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Trustees' report (continued) For the year ended 31 March 2025
Achievements and performance (continued)
b. Fundraising activities and income generation
The main thrust of the Charity's fundraising activities is to apply for lump sum grants to appropriate institutions in order to fund services which complement the work of the Charity.
The Charity does from time to time receive donations from various individuals and institutions, which are gratefully accepted and put towards the financing of services in pursuance of the Charity’s objectives.
As well as funds received from all other sources, the Charity receives support from Nottinghamshire County Cricket Club Limited (Notts CCC) by way of donations and management expertise. For the year ended 31 March 2025 the amount committed by Notts CCC was £6,077 (2024: £6,405).
Financial review
a. Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
b. Reserves policy
The Trust is required to meet its costs from the income received through various funding agreements, all of which set out the services that should be supplied in order to fulfil the requirements of such restricted income. The Trust must therefore manage its finances on a sustainable basis. We should not hold or accumulate excessive surpluses or deficits, as that would imply current service users subsidising future service users or vice versa.
In order to ensure financial sustainability, The Trust has set a target range of free reserves. Free reserves are reserves that are not tied up in fixed assets. They are available to use as a source of working capital or to fund new investment. The target range for the period to 31 March 2025 recognises the current funding agreements in place and their minimum period. The target range also recognises that our liquidity is provided by the receipt of income in advance of delivering services. Because of this, The Trust is able to operate with zero free reserves.
The upper limit of our target range is £77,000 (four months of budgeted operating expense), and the lower limit is zero free reserves.
c. Financial results
The results for the year ended 31 March 2025 are presented on pages 9 to 19. The Trust recorded a deficit of £98,758 for the year, attributable to several factors. Firstly, there was a general reduction in charitable income, which ordinarily supports the unrestricted expenditure associated with the Trust’s operations. Secondly, the Trust continued to face challenges in generating unrestricted donation income. Thirdly, a strategic decision was made to maintain the delivery of the Trust’s wellbeing activities by utilising reserves, following the withdrawal of external funding for this area.
Looking ahead, the Trust aims to diversify its activities by increasing its involvement in cricket-related initiatives. This strategic direction is expected to enhance the Trust’s visibility among new groups of service users, thereby creating opportunities for additional funding and donations.
At the year end, total funds carried forward stood at £150,430.
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Trustees' report (continued) For the year ended 31 March 2025
Structure, governance and management
a. Constitution
Trent Bridge Community Sports Trust is a Charitable Incorporated Organisation (CIO), incorporated on 15 February 2008, and the company number is 6505808. The Trust registered as a charity on 9 June 2008, registration number 1124425.
From 12 January 2023 the Trust has been a Charitable lncorporated Organisation following a decision to update our governance.
b. Methods of appointment or election of Trustees
The management of the Company is the responsibility of the Trustees who are elected and co-opted under the terms of the governing document.
c. Organisational structure and decision-making policies
Trent Bridge Community Sports Trust was a private company limited by guarantee overseen by a board of Trustees who have been selected for their individual areas of expertise. Since 12 January 2023 it has been a Charitable Incorporated Organisation.
In the year to 31 March 2025, the Trustees delegated responsibility for the day to day management and operations of the Trust to the Finance & Development Director (Trent Bridge).
The charity trustees are as follows, and were appointed for the following terms:
Lisa Pursehouse: appointed January 2023 for 3 years Joanne Belton: appointed January 2023 for 3 years Paul Ellis: appointed January 2023 for 3 years Mark Worrall: appointed January 2023 for 3 years Kate Davies: appointed January 2023 for 3 years Navdeep Sethi: appointed May 2023 for 3 years James Cutt: appointed May 2023 for 3 years Celeste Sinclair: appointed May 2023 for 3 years
Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees.
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Trustees' report (continued) For the year ended 31 March 2025
Statement of Trustees' responsibilities
Functions and duties of charity trustees
The charity trustees shall manage the affairs of the CIO and may for that purpose exercise all the powers of the CIO. It is the duty of each charity trustee:
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a) to exercise his or her powers and to perform his or her functions in his or her capacity as a trustee of the CIO in the way he or she decides in good faith would be most likely to further the purposes of the CIO; and
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b) to exercise, in the performance of those functions, such care and skill as is reasonable in the circumstances having regard in particular to:
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i. any special knowledge or experience that he or she has or holds himself or herself out as having; and,
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ii. if he or she acts as a charity trustee of the CIO in the course of a business or profession, to any special knowledge or experience that it is reasonable to expect of a person acting in the course of that kind of business or profession.
Approved by order of the members of the board of Trustees and signed on their behalf by:
Paul Ellis Trustee
Date: 7/11/2025
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Independent examiner's report For the year ended 31 March 2025
Independent examiner's report to the Trustees of Trent Bridge Community Sports Trust ('the Charity')
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 March 2025.
Responsibilities and basis of report
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable 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:
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accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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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.
This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.
Signed: (}/ Dated: 9/11/2025 9CF75EAC1D95466... Sarah Flear ACA
PKF Smith Cooper Audit Limited
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Statement of financial activities (incorporating income and expenditure account) For the year ended 31 March 2025
| Note Income from: Donations 2 Charitable activities 3 Investments 4 Total income Expenditure on: Charitable activities 5 Total expenditure Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Restricted funds 2025 £ - 180,758 - 180,758 268,485 268,485 (87,727) 211,490 (87,727) 123,763 |
Unrestricted funds 2025 £ 6,077 - 41 6,118 17,149 17,149 (11,031) 37,698 (11,031) 26,667 |
Total funds 2025 £ 6,077 180,758 41 186,876 285,634 285,634 (98,758) 249,188 (98,758) 150,430 |
Total funds 2024 £ 9,254 693,209 4,436 |
|---|---|---|---|---|
| 706,899 | ||||
| 573,804 | ||||
| 573,804 | ||||
| 133,095 | ||||
| 116,093 133,095 |
||||
| 249,188 |
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 11 to 19 form part of these financial statements.
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TRENT BRIDGE COMMUNITY SPORTS TRUST Registered number: 06505808
Balance sheet As at 31 March 2025
| 2025 | 2025 | 2024 | ||||
|---|---|---|---|---|---|---|
| Note | £ | £ | ||||
| Fixed assets | ||||||
| Tangible assets | 9 | 4,071 | 7,845 | |||
| 4,071 | 7,845 | |||||
| Current assets | ||||||
| Debtors | 10 | 4,821 | 32,274 | |||
| Cash at bank and in hand | 235,915 | 362,707 | ||||
| 240,736 | 394,981 | |||||
| Current liabilities | ||||||
| Creditors: amounts falling due within one | ||||||
| year | 11 | (94,377) | (153,638) | |||
| Net current assets | 146,359 | 241,343 | ||||
| Total assets less current liabilities | 150,430 | 249,188 | ||||
| Total net assets | 150,430 | 249,188 | ||||
| Charity funds | ||||||
| Restricted funds | 12 | 123,763 | 211,490 | |||
| Unrestricted funds | 12 | 26,667 | 37,698 | |||
| Total funds | 150,430 | 249,188 |
The Charity 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 for the year in question in accordance with section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
(paul, Paul Ellis 53F5CDEAF88E480... by: Trustee
Date: 7/11/2025
The notes on pages 11 to 19 form part of these financial statements.
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Notes to the financial statements For the year ended 31 March 2025
1. Accounting policies
1.1 Basis of preparation of financial statements
The financial statements 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 2015), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
Trent Bridge Community Sports Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
The financial statements are presented in sterling, which is the functional currency of the company, and rounded to the nearest £1.
1.2 Charity Status
The Charity is a Charitable Incorporated Organisation (CIO) and a registered charity. The address of the charity's registered office and the charity registration number is given in the reference and administration page of these financial statements.
The members of the charity are the Trustees named on page 1. In the event of the CIO being wound up, the members of the CIO have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities.
A description of the nature of the charity's operations and its principal activities is given in the trustees report within these financial statements.
1.3 Income
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Incoming resources comprise of voluntary income which includes donations and funding for specific projects. The Trust is usually entitled to receive income from grants in stages over the course of each related project, which approximates to when related expenditure was expected to be incurred. Accordingly, all grant income is credited to the Statement of Financial Activities when it falls due to be received to the extent that it is matched by relevant expenditure. Any income received in advance of expenditure is treated as deferred income.
1.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Charitable activities and Governance costs are costs incurred on the Charity's educational operations, including support costs and costs relating to the governance of the Charity apportioned to charitable activities.
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Notes to the financial statements For the year ended 31 March 2025
1. Accounting policies (continued)
1.5 Tangible fixed assets and depreciation
Tangible fixed assets costing more than £500 are capitalised.
A review for impairment of a fixed asset is carried out if events or changes in circumstances indicate that the carrying value of any fixed asset may not be recoverable. Shortfalls between the carrying value of fixed assets and their recoverable amounts are recognised as impairments. Impairment losses are recognised in the statement of financial activities incorporating income and expenditure account.
Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation is charged so as to allocate the cost of tangible fixed assets, less their estimated residual value, over their expected useful lives.
Depreciation is provided on the following bases:
| Fixtures and fittings | - 20% straight line |
|---|---|
| Office equipment | - 20% straight line |
1.6 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
1.7 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
1.8 Liabilities and provisions
Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised within interest payable and similar charges.
1.9 Taxation
The Charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
1.10 Pensions
The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.
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Notes to the financial statements For the year ended 31 March 2025
1. Accounting policies (continued)
1.11 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
2. Donations
| Unrestricted funds 2025 £ Nottinghamshire County Cricket Club 6,077 Other donations - 6,077 Total 2024 9,254 |
Total funds 2025 £ 6,077 - 6,077 9,254 |
Total funds 2024 £ 6,405 2,849 |
|---|---|---|
| 9,254 | ||
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Notes to the financial statements For the year ended 31 March 2025
3. Income from charitable activities
| Positive Futures Forget Me Notts YouNG Healthy Hearts HAF Wellbeing Include Project Mentoring Weight Management Other grant income Total 2024 |
Restricted funds 2025 Unrestricted funds 2025 £ £ 137,293 - 10,233 - - - - - (3,590) - - - 7,490 - 24,087 - - - 5,245 - 180,758 - 690,608 2,601 |
Total funds 2025 £ 137,293 10,233 - - (3,590) - 7,490 24,087 - 5,245 180,758 693,209 |
Total funds 2024 £ 174,947 - 17,669 350 320,556 82,470 11,234 39,424 40,625 5,934 |
|---|---|---|---|
| 693,209 | |||
4. Investment income
| Unrestricted funds 2025 £ Interest receivable 41 Total 2024 4,436 |
Total funds 2025 £ 41 4,436 |
Total funds 2024 £ 4,436 |
|---|---|---|
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Notes to the financial statements For the year ended 31 March 2025
5. Analysis of expenditure on charitable activities
Summary by fund type
| Support and governance costs Direct costs - other Direct costs - wages & salaries Total 2024 |
Restricted funds 2025 Unrestricted funds 2025 £ £ 24,549 762 30,752 14,349 213,184 2,038 268,485 17,149 555,626 18,178 |
Total 2025 £ 25,311 45,101 215,222 285,634 573,804 |
Total 2024 £ 38,154 279,557 256,093 |
|---|---|---|---|
| 573,804 | |||
Direct costs include all costs related to the delivery of activities in line with our activities programme.
Wages and salaries include our full-time and part-time staff, and the coaches and trainers who are engaged in the delivery of our activities programme.
Support costs includes expenditure on office rental and room hire, and general office costs.
6. Governance costs
| Independent examination of accounts Other legal and professional costs |
2025 £ 6,609 875 7,484 |
2024 £ 5,456 13,661 |
|---|---|---|
| 19,117 |
7. Independent examiner's remuneration
The independent examiner's remuneration amounts to an independent examiner fee of £6,609 ( 2024 - £5,456 ).
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Notes to the financial statements For the year ended 31 March 2025
8. Staff costs
| Wages and salaries Social security costs Defined contribution pension scheme costs |
2025 £ 200,255 9,602 5,365 215,222 |
2024 £ 235,091 13,521 7,481 256,093 |
|---|---|---|
The average number of persons employed by the Charity during the year was as follows:
| 2025 | 2024 | |
|---|---|---|
| Employees | 11 | 14 |
No employee received remuneration amounting to more than £60,000 in either year.
9. Tangible fixed assets
| Cost At 1 April 2024 At 31 March 2025 Depreciation At 1 April 2024 Charge for the year At 31 March 2025 Net book value At 31 March 2025 At 31 March 2024 |
Fixtures and fittings £ 6,513 6,513 6,513 - 6,513 - - |
Office equipment £ 22,511 22,511 14,666 3,774 18,440 4,071 7,845 |
Total £ 29,024 |
|---|---|---|---|
| 29,024 | |||
| 21,179 3,774 |
|||
| 24,953 | |||
| 4,071 | |||
| 7,845 |
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Docusign Envelope ID: 18BFD05D-7E4B-46C4-A80D-71556AF14D9E
TRENT BRIDGE COMMUNITY SPORTS TRUST
Notes to the financial statements For the year ended 31 March 2025
10. Debtors
| Trade debtors Prepayments and accrued income |
2025 £ - 4,821 4,821 |
2024 £ 25,054 7,220 |
|---|---|---|
| 32,274 |
11. Creditors: Amounts falling due within one year
| Other creditors Accruals and deferred income Deferred income Deferred income at 1 April 2024 Resources deferred during the year Amounts released from previous periods Deferred income at 31 March 2025 |
2025 £ 25,237 69,140 94,377 |
2024 £ 66,212 87,426 |
|---|---|---|
| 153,638 | ||
| 2025 £ 61,286 32,600 (61,286) |
||
| 32,600 |
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Docusign Envelope ID: 18BFD05D-7E4B-46C4-A80D-71556AF14D9E
TRENT BRIDGE COMMUNITY SPORTS TRUST
Notes to the financial statements For the year ended 31 March 2025
12. Statement of funds
Statement of funds - current year
| Unrestricted funds General Funds Restricted funds Restricted Funds Total of funds Statement of funds - prior year Unrestricted funds General Funds Restricted funds Restricted Funds Total of funds |
Balance at 1 April 2024 £ 37,698 211,490 249,188 Balance at 1 April 2023 £ 39,585 76,508 116,093 |
Income £ 6,118 180,758 186,876 Income £ 16,291 690,608 706,899 |
Expenditure £ (17,149) (268,485) (285,634) Expenditure £ (18,178) (555,626) (573,804) |
Balance at 31 March 2025 £ 26,667 |
|---|---|---|---|---|
| 123,763 | ||||
| 150,430 | ||||
| Balance at 31 March 2024 £ 37,698 |
||||
| 211,490 | ||||
| 249,188 |
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Docusign Envelope ID: 18BFD05D-7E4B-46C4-A80D-71556AF14D9E
TRENT BRIDGE COMMUNITY SPORTS TRUST
Notes to the financial statements For the year ended 31 March 2025
13. Analysis of net assets between funds
Analysis of net assets between funds - current year
| Tangible fixed assets Current assets Creditors due within one year Total |
Restricted funds 2025 Unrestricted funds 2025 £ £ - 4,071 156,363 84,373 (32,600) (61,777) 123,763 26,667 |
Total funds 2025 £ 4,071 240,736 (94,377) 150,430 |
|---|---|---|
Analysis of net assets between funds - prior year
| Tangible fixed assets Current assets Creditors due within one year Total |
Restricted funds 2024 £ - 249,400 (37,910) 211,490 |
Unrestricted funds 2024 £ 7,845 145,581 (115,728) 37,698 |
Total funds 2024 £ 7,845 394,981 (153,638) 249,188 |
|---|---|---|---|
14. Related party transactions
By virtue of its support to the Trust and the fact that three of the Trustees are employees of Nottinghamshire County Cricket Club (NCCC), NCCC is treated as a related party.
NCCC has pledged unrestricted donations during the year of £6,077 (2024: £6,405). As at the balance sheet date an amount of £Nil (2024: £5,402) was due from NCCC to the Trust in relation to these donations.
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