Durham County Cricket Foundation
(A company limited by guarantee)
Annual report and financial statements
for the year ended 30 September 2023
Registered company numbcr 06756096
Registered chai'ity 1127721

Durham County Cricket Foundation
(A company limited by guarantee)
Annual report and financial statements
for the year ended 30 September 2023
Contents
Legal and admini8ts'ativ6 infoimation...........................................
Tnistees, report for the year ended 30 September 2023....-....................
Endependent cxamincr's report to the trustees of Durham Ctrllnty Cricket Foulldalion........-.........
StatemeDt of financial 2Ctivities foi. the year ended 30 Sepl¢inb¢r 2023 (incorporating tlie income and
expenditure a¢count)...................
Balan¢e sheet as at 30 September 2023.....................,.........
Statement of ac¢ountitig p)li¢tes....................................................
Notes to the fmallci41 statements for the yeai. ended 30 September 2023 ................................
10
14

Durham County Cricket Foundation
Legal and administrative information
The ¢harity'5 trustees, together with the addresses of the registered office of the charity and of other advisers
r¢ as follows..
Trustees
Mr M Sinith (Chasr) (appointed IS Feb 24)
Miss B M G8udem (appvinted 22 Mai. 24)
Mrs B M Coult
(appointed 22 Mar 24)
Mr K Ram8Nathas
(appointed 22 Mar 24)
MrlDNairn
(&ppointed 01 Ju]124)
Mr T J Bostock
(appointed 22 Mar 24)
Mjs K L Todd
(appointed 22 Mar 24)
Mr l M Dawson
{appointed 15 Feb 24)
.5 H Florek
Mi. R Jackson MBE (l￿1g￿ed 15 Feb 24)
Mr A Fletcher
(resigned 15 Feb 24)
Mr D Harker
{r¥signed 15 Feb 24}
Mr M Nortb
{resigned IS Feb 24)
Mr L Kobals
(resigned 15 Feb 24)
Mr G Weeks
(i'esigned 15 Feb 24)
Registered office
Seat Unique Rivcrsid
Chester 1¢ Str¢et
County Durhatn
DH3 3QII
Independent Examincr
RMT Acci)untants & Business Advisors Ltd
Gosforth Park Avenue
Newcastle upon Tyne
NE12 8EG
Ballkers
Coopei7tivE Bank
29 Htgh Street
Durham
DHI 3PL

Durham County Cricket Foundation
Trustees, report (Including Director?s Report) for the year ended 30
September 2023
The tn￿teeS pre$¢nt theii rewrt and f￿￿￿01￿1 statements of th¢ chai'ilable company ("the charity") for tILe year
ended 30 September 2023.
The accounts h&ve beeu prepar¢d iti accordanoe with the accounting policie8 set out in note I to the accouhts and
comply witb the charity's memorandum and articles of association , the Companies Act 2006 and"Accounting and
RepOrti￿g by Charities: St8temcnt of Recommended Practice applicable to th&riti65 prqiaring their accollttts in
accordance with the Financial Reporting Standard applicable ill the UK alld Republi¢ of Ireland (FRS 102)
(effective l January 2019)"
OBJEcfIvEI S AIYD ACTIVITIES FOR THE PUBLIC BENKFIT
Objeetives and activities
The objects of the charity (listed below) are for the benefit of the public and, in partkcular, of County Dui'ham and
its sutyounding areas..
To promote ¢ommunity participation healthy i'ecreation by providing fa¢ilitÉes foi. the playing of
ci'icket and other sports ¢&pablc of improving health {"fa¢ililies" in this cL&use mean5 land.
buildings. equipment and organising sporting activities).
To provide and a5S15t in pruvidsng fa¢ilithes for sport, recreation or other leisure time occupation of
such persons who havc need foi. such facilitics by reason of their youth, age, infirniity, or
disablement, povety or social and economic circum&iances or the publsc at large in th¢ interests of
sobial welfare and wilh the obJ￿t of improvkng Conditions nf lifc.
To adyance the education of children and young people tbrough such means as the ttustees thiok fffit
in accoi'dance with the law of charity.
Foi. the general purposes of such charitable bodies or for such other exclusively charitable purposes
eacli case as the trustee5 ￿aY from time to titlle de¢ide.
Relating directly to the objects of the eharity, the Strategic focus areas provide a framework around which
operatÈonal d¢livay is shaped. The work of the C]￿rity falls three ￿aill categories which are..
Education and Training
Health and Wellbeing
Collmiunity Cohesio
The ¢h&iity supports communities to live happier and healthier lifestyles, while inspiiing people to fulfil the
pot¢ntial the gaine of ciicket. Working alongside Durham Cricket and the Dui.ham Cricket Board we aim to
use the inspiring setting of BTnir0tes Riverside to raise the aspir&tions of people in th6 North East. It operates i
the community to deliver a rang6 of health, edu¢8tion, Cortkmunity ￿hes1o￿ and cricket development projects,
programmes and evellts, to thousand5 of people acro￿ the year.
We have referred to the gukdance contained in the Chai'ity Con)mission's general guidance on public benefit when
T6viewing our allns and objectives and in planning ouy future activities.
The trustees have paid due regard to guidance issued by the Charity Commission in decidiThg what activities the
charity sliould undertake.

Dllrham County Cricket Follndation
Trustees, report for the year ended 30 September 2023 (continued)
ACHtEVli IVIENTS AM) PERFORMANCE
With donations down and the ability to raise addttional in¢om¢ ￿$ti)et￿ the Foundation relied on tts reserves to
maintain its lev¢1 of a¢tivities.
Key Highl¥ghts 2022123
l. Edveation alld Training
The Foundation has c¢)ntinued to engage with schools across the North East as pait of both ¢UrriCul￿ activities
and b¢yo1￿.
2. Healib and Wellbeing
The Foundation has ¢onlinu¢d its prEYious work towards iM￿.0vIng ihe Health and Wellbeing of the Noith East,
continuing ¢0 dcvclop and ruli its pyogrammes within mentsl health, workitig with older pei)ple and healthy
activitkes for childrerA and adults.
The Follndation ha5 Bntered into its third year of supporting the delivery of Rollercoaster, a support group foi.
parcntslearei3 who are supporting a child or young person with any kind of emotional or mental health problem.
The project, based at Seat Unique Riv¢rsid¢, links cricket themes into its delivery and provides an on.going
support probTatsun¢ for families. The project also includes the provision of tsainiag cours£5 and workshops for
porentslcarers and also cricketillg activities for the family. The project this year has over 500 attendances across
Ihe year and deliv￿rd three training workshop8.
3. Great North Childrell's Ho8pilal
The Foundation cuniinu¢d It's partnethip with tbe Great Noiih Children's Hospital to deliver a programme of
support to the children with the hospital on a longer Lerm basis.
4. Aetlve ageing
Our Active Ageing ￿'0￿a￿Me, suppgrt¢d by community partners, fo¢us¢s Oll improviiig oldeL people's mental
and physical wellbeing, with the aim of increasing the time peopl¢ Temain h￿lthy. The Foundation has continued
to add new project8 to the ongoing programme, u]¢luding supporting a new weekly table spoil$ session.

Durham County Cricket Foundation
Trustees, report for the year ended 30 September 2023 (contillued)
Plans for the Future
The Foundation has urndertaken a stt2tegic exercise alongside the ECB. Dutham Cricket CIC and the Dutham
Cricket Board lo map out tbe future plans of the thai'Ety con]mencing in 2023. Across the gatlle Foundations and
Cricket Boards have undertaken feasibility studies focusing on tlie additÉonal funding Oppor￿nItIeS ihat a merged
entity may ￿'0vide. All parties are Committed to wOrk￿g throu￿) this pi'oject thal should help provide additional
fundlljg to the Foundation.
FINANCIAL REVIEMI
The year ended 30 Septern￿r 2023 has been severely impacted by the challenging C￿nOmiC enyironment fhat
has followed the strllggles of the Covid 19 Pandemic.
Dui'ing the year a loss of £34,344 was generated (2022.. £35.067 loss), this has led to a decrease in unreatri¢ted
funds.
R¢sery¢s pollcy
The trnstees have undeilaken to secure reserves which will be at IEaSt equivalent to lh¢ winding up costs of tbe
harity iTr the Event of funding being wiihdrawn. A specific reserve of £15,000 has been designated for this
purpo$¢ and the trnstees are s&tisfied that the Teseryes atthe current level meet this requir¢m¢nt.
Also witbin designated fuTids 13 a £5,000 rcs¢rve specifically creaied to fund futyre capital spend, including
projected inyesttnent i]J CRM 3y$tem$ and replacement of essential IT equiprnent. The reserve will be released in
line wlth the depreciation or write down in the capital items purchased.
Atthe yeai. end, free resei'ves (totsl funds less restrict¢d funds and designated funds and fixed assets) are in
deficit by £19,797 (2022.. £14,172).
Goin2 concei
D6spits & difficult couple of years, the Foundation was well plared to witl)stand ihese pressuiEs and fmancial
suppoit has relumed dwiug 2023 to allow the continued operation with money available to cover all operating
Gosts. Flir the coming 12 months, the foLU5 IS the potenlial merger with tli6 Durham Ci'icket Board and
delivei'ing programjnes for which futhdin2 has already been secured. Additional sources Df funding will hopefully
be achieved p05t-]nerger to inci'ease ibe nU￿bEr of progranmies available for delivery. Consequently the trustees
have a reasonable expectation that th¢ eharity has adequate resources to contÉnue in operational existence for the
foreseeable future. For this i'eason, they have adopted the going concern basis in prepai'ing the fman¢ial
statements.

Durham County Cricket Foundation
Trustees, report for the year ellded 30 September 2023 (continued)
STRuufuRE, GOVERNANCE AP4D MANAGEMENr
Coyerning document
DurhaTn County Cricket Foundatioi) is a cornpally lirnited by guarantee aiid not having a share capital and
Registered Charity governed by ils Memorandum and Articles of Association. (Charity number.. 1127721.
Company llumber.. 06756096). It was incorpoTat¢d on 24th November 2008 and cotnthenced trading on 1°
October 2009.
Dire¢tor8 and trllsteos
The direoloTS of the charity are trustees for the purpose of charity l&w and throughout this report zre Golle¢tively
refwTed to as the trustees. The tll￿tees during th¢ y¢3r aud up lo the date of signing the fmallcilll statements were
as set out on Page l.
Re¢ruitmeDt, appointment and training of trust¢es
As set out in the Articles of Association, trustee5 invited to join the Bo&rd. At th¢ Annual Gcneral Meeting up
to one tbird of trustees shall retire by rolalion but available foi. re-electÈon. New undertake an
induction which includes a fiill bi'iefing on thc finaneeg of the charity. all overvi¢w of the slrn¢tuiE of cricket
within Durham alld the opportunity to visit one of the projects that is fund¢d by the charity.
Org8niSatiuThal 5lructur¢
Staff are seconded to the charity by Durham Cricket Cic alld Durham Cricket BoaiQ who also provide support
services.
Rislc Managejnent
The trugiees have a risk manag6mettt strategy which comprises..
A regular review of the risks the charity may face.
The establishment of systems procedures to m&tigate those i'isk8 identified in the review, and
The llnpleineiitalion of procedu￿ dgsTgned to niiEillnise any potential unpact tsn the charity should those i'isks
rnaterialisc.
Cliange8 to the economic clunate are identified in the risk assessment as a tl)reat to fvndin& Ensuring
pi'oper procedures are In place with Irgard to wi)rkÈllg with young people 18 a filllher risk area.
Charitxble netiyorlis related pRrties
The charity is also SUPPOrtcd by commllnity parkners Eyeryolle Active, Kai'boll Homes. The GreatNorth
Cbildreng Hospital and North of England Protecting and Indemnity Asso¢iation.
PublÉc BenefLt
The trustees have referred to the ChaTity CommissLDn's general guidance on Charities andPubli¢ Benefit attd are
satisfied that the aims and objectiV¢S of the charity meet the public beTrefit requirements.

Durham County Cricket Foundatlon
Statement of tru5tees' responsibilities
Th¢ tsusteE5 (who are also dllfctors of Durham County Crscket Foundation for the putyoses of company law), ar6
respottsible for preparing the Tmstees, Annual Report and the fjnancial statements accordance witb applicable
law and United KÈngdom Accounting Slandards (United Kingdom Generally Accepted Ac¢ouDtin8 Practic¢).
Company law requires the trustees to prepar6 financial ￿ateMen1$ for each f￿ancial y¢ar whioh give a tyje and
fair view of the state of affallE of the ¢hwitable company aiid of the incoming resources aud application of
resources, itscluding tbe in¢ome at]d expenditure, of the charÈtabl¢ company for that p¢riod. Jn preparing these
f￿ancial statements, the ttustees are Tequired to:
select SULtable accounting policies and then apply thern ¢onsistently'
observe the methods aiid pi'inciples in the Ch£ir&ties SOIiP.
make judgements and estimates that are i'easonable and prudent.
state whether applicable UK Accoullting Standards have been followed, subject to any Enalerial
departures disclosed and explained th¢ financial statements-
prepai'e the f]nantl81 statements on ¢h¢ going coneem basis unless it is inappropriate to presume that the
charitable company will continue in opcration.
The trustees are i'esponsible for keeping adequate accounting records that disclose with reasonable accuraoy at
any time the f￿ancial po8itlOEi of the charitable company aud enable them to ensure that the fmancial statetnents
comply with the Companies Act 2006. They are also responsible for safeguai'ding the ttssets of the charitsbl¢
ompany and hence for laking reasonable steps foi. the prevention And detection of fi'aud and other irregulai'ities
This reporthas been pi'epared in accordance with the special provisions for small companies under part 15 of the
Companies Act 2006.
By order of the trustees
Mr M Smith {Chair)
J￿L￿4 ioZ*

Durham County Cricket Foundation
Indcpendellt examiner's report to the trustees of Durham County
Cricket Foundation
I )wort to the c]￿ltY tn￿tee5 on ￿Y exomination of the a¢couTrts of the charity for the year ended 30 September
2023.
This repoit ss made solely to the charity's tsIEStees, &s a body, in accordance with Part 4 of the Charities (Aeeounts
and Reports) Regulatioiis 2008. My work has been uThdert8ken so that I might stat¢ to the charity's trnstecs those
matters l required to state to thein in ats independent examinees report and for other purpose. To the ￿lIest
extent p¢rnitted by law, I cto not accepl gr asSUtne responsibility to anyone other than the charity the charity's
tNstees as abody, for my work or for this report.
Responsibilities ond basls of repoi*
A$ the charity's trustees of tbe Company (who are also the directors of the company for the pllrwges of company
law), you are Irspoi￿1bI¢ for the preparation of the accounts iti a¢coi'dan¢e witb tbe requirem¢nts of the
Companies Act 2006 f'the 2006 ACV,).
Haying satisfied myself that the a￿OUnt9 of the Company al'e not required to be audited for thi$ year under Part
16 of the 2006 Act E￿d are eligible for indepcndent examination, I report in respect of my examination of your
charity's accounts a5 Garried out under section 145 of the Charities ALt 2011 C'the 2011 Ad"). In ¢anyiJig out my
examination, I have followed the D&rections given by the Charity Commission (utLder section 145{5)(b) of the
2011 Act.
Independent eixminer's statenient
I have cotnpleted my examin&tson. I cOnfW￿ that no matters have conie to Jny attentioll in collnection with the
examination giving me cause to believe tha£ in any material respect..
l accounting rccords were not kept respect of ihe charity as required by section 386 of the 2006 Act. OT
2 the fmallcldl slalements do not accord with ¢hosc record8,' or
3 the fuiancial st&tements do not comply with the ￿COunting iequirements of section 396 of the 2006 A¢t other
than any r¢quirement that th¢ accounts giv¢ a tt'ue and fair view which is not a matter ¢onsidcred as part of an
independcnt ¢xamination- or
4 the fmancial Statements have not beeo prspared in accordancc with the methods and pi'inciples of the Statement
of Recornm¢nded Prdctice for accounting reporting by tharities applicable to chai'ities preparing their
acGounts in ateordance with the Financial Repoiting Stslldaid applicable tbe UK and Rq)ublic of Irelalld (FRS
102).
I have no concerns and hav¢ co￿¢ aci'oss no other matt¢rs in conne¢ti(m the exami￿all0n to which attention
should be di'awll in this report in order to enable a proper understandirlg of the accounts to b¢ ￿Ched.
stephen Slater FCA
foi. uiid on behalf of RMT Acco11￿tants & Biisines5 Advlsors Ltd
Gosforth Parli Avenue
Newcastle upon Tyne
NE12 8EG
Z4

Durham County Cricket Foundation
Statement of financial activities for the year ended 30 September 2023
(incorporating the income and expenditure account)
Unrestrieted Restricted Total fuiids
Funds
Fund5
2023
2023
2023
Total Fund5
2022
Note
Income and endo)V￿¢rtts from:
Donation5
29,498
29,498
37,890
Charitable Activitie5:
Fees
Total illcome And endowmcnts
29,498
29,498
37,890
ExpeNdlture
Chgtitable activities
(63,466)
(376)
(63,842)
(63,466)
(72,581)
(376)
Depreciation
Total resources expended
(376)
(63,A42)
(72.957)
Net inco￿t/(expenditllre)
(34,344)
(34J44)
(35,067)
Reeonciligtion of funds
Total funds brought forward
34,935
634
35,569
70,636
Total funds carried forward
591
634
1,225
35,569

Durham County Cricket Foundation
Statement of financial activities for the year ended 30 September 2022
(incorporating the income and expenditure account)
Ullregtrlcted Restricted Total filiids
Punds
unds
2022
2022
2022
Total Funds
2021
Income endoivments from:
Donatlons
37,890
37,890
71,774
Charitable activities:
Fees
Total Income and endowments
37,890
37,890
71.774
Bxpenditure
Charitabl¢ activities
(72,581)
(72,581)
(58,820)
Depreciation
Total resourees expended
(376)
(376)
{72,957)
(72,957)
(58,820)
Net IncoRllel{expenditllre)
(35,067)
{35,067)
12,954
Recon£iliatlon of funds
Total fvnds brought fonvai'd
70,002
634
70,636
57,682
Total funds earimed forward
34,935
634
35,569
70,636

Durha]n County Cricket Foundation
Balance sheet as at 30 September 2023
Note
2023
2022
Fix¢d assets
Tangible assets
387
763
Current assets
Debtors
2,500
13.388
Cash at baDk aud in hand
3,373
32,525
6,260
46,676
CreditoiT: amounts falling due withln one year
io
(5,036)
(11,107)
Net current assets
1,224
35,569
Net assets
1,224
35,569
Represented by:
Restrict¢d fillkds
634
634
UnrestrLGted fifftds
590
34,935
Total funds
1.224
35,569
For ihe year ended 30 September 2023 the company was entitled to exemption from audit under section 477 of
the Companies Act 2006 relatsng lo small cornpanies.
No membeis have iEquired the coinpany to obtain aA audit of its accounts for the year in question in accordance
with se¢tson 476 of the Companies Act 2006.
The trustees acknowledge their responsibility foi. complying with the r¢quirernents of the Act with i'espect to
accounting records and for the prepai'ation of 2CCOlltits.
The fmancial statements wer¢ approved by the trustees on 4 July 2024 and were sffigned on its behalf by:
Mr M SEnith
Tru$tee
DiirhAm County Cricket Foundatio
Compai)y Number: 06756096
Regtstered Charity Number: 1127721
io

Durham County Crieket Foundation
Statement of accounting policies
Chxrlty iTrformAtion
Durham Couiity Cricket Foundatioll is a private compaThy lllnited by guarantee inethyorated in England and Wales.
The registered office i# Seat Unique Riv¢rsid4 ChBSter le Stsret, County Durham, DH3 3QR
Basis of preparation
Tile f5nancial statements have been PTepared in accordance with Aecounting Qlld Reporting by Charities.. Statement
of RKoTnmended Practise applKcab16 lo charities preparing theii. accounts in accordance with the Financial
Reporting Standard applicable in th¢ UK and Rcpublic of Ir¢land (FRS102)- {charilies SORP (FRS102)}, and the
Companies Act 2006.
The chiirity meets the d6fmition of a public benefit entity under FRS102. Assets and liabilities are initially
reeognised at historical c05t or transaction valu¢ unless othenvise stated in the rtlevant accounttng policy.
The f￿ancIal Statement are prepared in GBP sterling wbich is the fuThctRDnal Currency of the charity and are
rounded to the nearest £1.
Going Confer
The Foundatioi) entered the pa'iod with cnough reserves and support to ￿ett it's obligations for ihe Qu￿t￿l
programmcs. With a feasibility study underway and potential thnding opportullities arising from this, they have
adopted the going concern basis it) preparing the f￿ancIal statemethts.
Cash flow statement
The oharity is a small company as deflryed by Section 382 of the Companies Act 2006 and has therefore tsken
dvalltage of the 6xemption trom preparing a cash flow statement as pcmitted under Financial Reporting Standard
102 S7.IB"Staterneut of Cash Flows..
ID¢oJne
Income is re¢ognis¢d whell the charity has entitlcmellt to the thnd8, any perfomkan¢e Conditions attached to the
iteill(s) of in¢ome have b¢eii met, it is probable that tbe inCOLne will b6 received and the a￿0￿]¢ ¢an be mB&5ured
reliably.
Income from govetThnent and other grants. whether'capitsl, oi rev¢nue' grattts, is recognised when the
charity has cntitle]nent to the funds, any pei'formance ¢ondilions attaGlied to the grants have been met, It is probabl¢
that the ill¢OmE will b6 received and the amount can be measured i'eliably and is not dcfcnrd.
Income received in advance of provision of servi¢es is defeffEd until th¢ ctriteiiA for inc0￿e recogDition are met.
Expemses
Expenditure is veco￿lsed on an accrua15 basis, once th￿'C As a legal or constructiVE obligation to make a payment
to a third paty, it is probable that 8ettlement will be required and the amount of th¢ obligaiion can be m&wred
i'eliably.
Bxpenditure is ctassified under charÈtable activities and includes direct costs which al'e atirkbutsble to specific
activities (note 3) and governance ¢o$ts which are associated with meeting the constitulional and Sta￿tory

Dllrham Coullty Cricket Foundation
Statement of accounting policxes (eontinued)
requireinents of the charity (not¢ 5). Where costs are attributable to more than one activity, these costs arg
apportiorA¢d acr05S Cost cat¢gorie5 based on all estimate gf th6 proportion of time sp¢nt on those activities.
liyecoverable VAT is obarged as & cost againsl the aGttvity for which the expenditure was incufftd.
Fund aeeounting
Fund5 held by the charity aT¢ ¢ithBr'.
Unrestricted geDeral funds- these are which can be used in accordance with the charitable objects at the
discretion of the tw$tees.
Designated futtds-those unrestri¢ted fvnds allocated for a specific project or purpose by tbe trustees.
Restricted funds- these are fithds that Can only be used for particular restricted pUrpo￿S within the objects of
the charity. Restrictions orise when specified by the donor or whell funds are raised foi. particulBr restricted
purposes.
Surplus fijnds held are deposited with the Co-op¢ratlYE Bank to earn interest prior to lltilisation by the charitable
company.
Interest rectlvable
Interest on funds held on dep)sit is included when rpKeivable and the amoullt can be measured r¢liably by the
charity. this is nomially upon notÉfication of the interest paid or payable by tbe Bank.
Tangible fixed assets and depreelatlon
Tangible f]xed assets are held at histixic purchase eost16ss accumulated depirckation. Cost includ¢s tbe original
purcho$e price of the asset and the eosts attributable to br￿81￿8 the assetto 115 worfcing condition for Its intended
use.
Depreciation is provided On a straight line basis over the estitnated useful life of the asset with a full year's
depreciation charged an the fiiyt year. Rates us¢d are as follows..
Computei. equipment
33Vts per annum
Cash alld eash equivalents
Cash and Cash eqiiiYalcTlts include cash in hand, deposits held at call with banks, otber short-terni liqllid
investments with oi'iginal maturities of three Inonths or less, and bank overdrafi5. Bank overdi'afts are
shown withiti borrowings iti Cu￿ent liabilities.
Debtors
Trade and other debtors are Yeco8nised at the gettlement amoullt. Prepayrnents are v&lued atthe amountprepaid net
of any h7de discounts due.
LÉabrlitÉes and provisions
Liabilities aye recognised when there is an obligation at the balance sheet dat¢ &s a result of a past event, xt is
probable that a transfer of ¢c(bllOrniG benefit will be requEI'ed in settlement, and tbe amount of the Settlement can be
estI￿al¢d reliably. Liabiliti￿ aye recognised at the amoimt that the company anticipates it will pay to gettle the
d¢bt Or the amount it has received as adv&nced payments for the goods or seTvice8 It must provide. Provisions are
Tneasured at the best estimate of th¢ amounts reqlliredto settle the obligatioTr. Where the effect of the time value of
12

Durham County Cricket Foundation
Statement of accounting policies (continued)
money is material, the provision is based Dnthe present value of those amounts. discounted at the ptrtax discount
ra¢e tlial ieflects the risks specifi¢ tt) the liability. The unwinding of the discount is recognssed within interest
pay&ble and stinilar charges if appropriate.
Financial instruments
The company only enters into financial Inst￿MEnts transactions that result in the recDgDiti(w of basic debt financial
assets alld liabilities like kn7de and other arxowits receivable and payable, cash and bank balances and loans to or
from telated parties. All such instruments air due withiii otte year. and air measured. initially and $ub$equently at
the transactlon price.
Pension costs
'lThe charitable Gompany contrhbutes Éo the employees, personal penston scheme. Conts'ibutions are charged lo the
Stat¢m¢nt of Fittancial ActivitÉes itL the period in which the reldtEd Pdyroll costs are iDcurred.
Company Limited by Guarantee
The charitable company docs not have a share capital and is limited by guarant¢¢. Each member of the charilable
company undertakes to contribute an amount not exceedin¥ £10 lo the assets of the ehAritable co]npany in the ev61it
of it being wound up
CritlC81 accoulltlng estlmAte5 and areas of Sudgement
Estimates and judg¢m¢rLls are ctsntinu&lly evasuated and air based on hisloiical experience and otber fa¢tors,
including expectations of futhre events that are believed to be reasonable under the circumstances.
Estimates included withill these f￿all¢la[ statemernts include depreciation charges and the allocation of salary costs
to programs With￿ Restricted Funds. None of the estimates made al'e considered to cany signifL¢ant estimation
unceitainty, Dor to bear significant i'isk of causing a material adjustment to carrying amounts of assets and
liabilities within the next financial yeai..
In pi'waring these flnancial statements the trustees do llot consider there were aTLy Si8nifiGattt areas of judgement
that were required in applying the charity's accountingpolicies as set out above.
13

Durham County Cricket Foundation
Notes to the fillancial statements for the year ended 30 September 2023
l Donations
Ut)restricted
Funds
2023
Restricted
Funds
2023
Totsl
2023
Total
2022
Voluntary 1￿cOMe
Grantg
13,697
13,697
26,321
Donalions
8,883
8,883
3.476
Sunthy income
6,9l8
6,918
8,093
29,498
29,498
37,890
Expenditure on charitable aetivities
Current fllnancial year
Unrestricted
Fund¥
2023
Reslrieted
Funds
2U23
Total
2023
Total
2022
Direct progranmae Gosts
1,347
1,347
16,954
SAlary costs (see note 4)
47,865
47,865
44.872
Insurance
3,964
3,964
2,224
Share 0£&￿pport costs (see note 3)
7,890
7,890
6,131
Share of goycrnance costs
2,400
2,400
2,400
63.466
63,466
72,581
14

Durham County Cricket Foundation
Notes to the financial statements for the year ended 30 September 2023
(continued)
Expenditure on eharitable activities (continued)
Prior finAneial year
Unre5trleted
Funds
2022
Restrieted
Funds
2022
Total
2022
Total
2021
Direct programme costs
16,954
16,954
9,133
Salary costs (see note 3)
44,872
44,872
34,764
Insui"ance
2.224
2,224
801
Sh&re of support costs
6.131
6,131
11,321
Shar¢ of sovernance costs
2,400
2,400
2.800
72,581
72,581
58.820
Support costs
Support Governance
Costs
eosts
2023
2023
Support
Costs
Governanee
Total
Total
2023
costs
2022
2022
2022
BuS￿nesS Development
830
830
2.330
2,330
M&rketing
260
260
112
112
Administration
6,800
6,800
3,689
3,689
Independent examination
2,400
2,400
2,400
2,400
7.890
2,400 10,290
6,131
2,400
8,531

Durham County Cricket Foundation
Notes to the financial statements for the year ended 30 September 2023
(continued)
4 Staff costs
stsff costs are recharged by Durham Cricket CIC as staff 8r¢ s¢conded to the charity.
The staff costs recharged call be analysed as follows..
2023
2022
Salaries
42,959
40,315
National Insurance
3,281
2,857
PcDSiOIL
1,626
1,700
47,866
44,872
The average number ijf staff secoLded to the FouThdation was 2 (2022: 2). The time equival¢nt members of staff
sc¢onded amounted to 2 {2022:2)
Key Management Persotlnel
Key ManagemeTht Personnel are deemed to be those having authority and i'esponsibility, delegatEd to them by the
trustees foi. planning, diirctillg and controlling Ihe activities of the Foundatton. The total employee benefits of the
Key Management Personnel charged to t￿¢ FouDdation were £47,866 (2022'.£44,872)
5 Taxation
Ag a registered charity, the company is exempt from taxation on its income and gains falling within section 505 of
the Taxes Act 1988 or section 252 of the Taxation of Chaygeable Gains Acl 1992, to ihe extentlhat these are
applied to its charitable obje¢ls.
Trustees, remllneration and expenses
None of the trus¢¢¢8 i'eceived OT wei'e entided to receive any resnun&7tion during the year.
Expenses of £nil12022'. £nil) were reimbursed to tb¢ t￿St￿S during the year.
16

Durham County Cricket Foundation
Notes to the financial statements for the year ended 30 September 2023
(continued)
Related party transactions
Durham Cricket CIC supplied staffy and other S￿'v￿ceS to Dllrbam County CrkckeÉ Foundation to the value of
£47,866 (2022.. £44,872) during the ye8r, of which £nil (2022.. £7,649) ttmained outstanding at tlke end of the year
and is included in Credit￿S.
Trustees D Harker and R Jackson serytd as directol's of th¢ Durham Cricket Board a￿d Durham Cricket CIC during
the year.
Althou￿ Durh&tn Collnty Cricket Foundation is Structurally and finat)cially independent from Durham Cricket CIC,
the support of Durham Crickct CIC and the Dllrham ￿l£ket Board is important to the continuing ¢fficiellt op¢ration
of the Foundation. The Articles of Associatkon of the Foundation state that up to two Individ[￿lS from Durhom
Cyicket CIC may be bustees.
8 Tangible assets
Computer
Eqttipmcnt
Cost
At l O¢lober2022
17,341
Additions
At 30 September 2023
17J41
Aceumulated depreciatio
Ai l O¢tob¢r 2022
16,578
Charg¢ for the year
376
At 30 September 2023
16,954
Net book value
At 30 September 2023
387
At 30 Septetnber 2022
763
17

Durham County Cricket Foundation
Notes to the financial statements for the year ended 30 September 2023
(continued)
9 Debtors
2023
2022
Other debtors
2,500
13,388
Prq)ayments
2,500
13,388
10 Creditors: amounts faIling due within one year
2023
2022
Trade ¢r¢ditors
2,636
8,707
Acorn￿$ and deferred income
2,400
2,400
S,036
11,107
L8

Durham County Cricliet Foundation
Notes to the financial statements for the year ended 30 September 2023
(continued)
11 Funds as at 30 September 2023
Movemellt in resou￿$
Balance at
l October
2022
Balance at
30 September
2023
Ineoming
Outgoing
Transfers
Uvrestrieted funds
Geller￿ ￿nd
14,935
29,498
(63,843)
(19,410)
Capital reserve- dE5ignated
Conting¢nGy fulld - designated
5,000
5,000
15,000
Is,000
34J35
29,498
(63,843)
590
Re5Éricted fund$
Liontrust
634
634
634
634
Totk)I
35,569
29,498
(63,843)
1,224
Futtds have be¢n desI￿ated a8 follows:
Capltsl Re%erve: this reserv6 has been specifically crtrKiled to fuimi'e capital spend, including projected
investmcnt in CRM systems and replacejnent of essenlial IT equipknent. The i'ese¥Ye will be relcascd ts) line with
the deprcciation or write down an the Capital it¢ms pul'chased.
Contingency Fund: represents ring fencing of ]nonies to allow the orderly completion of program &ctivity in tlke
event ijf thc wind up of the Foundation. This 13 in linc with the Foundation's Re5erYcs policy as set out ill the
Trustees Report
The restricted funds relate to gmts given for specific prO￿.ammeS within the work of the Foundation and are for
tbe following purposes..
Llontrust: balance comprise5 restt'icted fuDding 5PEGÉfically for the Kenya Volunteer projecL Let's Be Women
Nortb East and various school engagement Pl￿￿'aMMes.
L9

Dllrham County Cricket Foundation
Notes to the financial statements for the year ended 30 September 2023
(colltinued)
Funds as at 30 September 2022
MoverDeDt in resources
Balanee At
l October
2021
Balance 8t
30 Scplember
2022
Incomlng
Outgoing
Transfers
Unrestrleted fll￿d5
Genera] fund
50,002
37,890
(72,957)
14,935
Capital reserve - designated
Contlligency fuNd- designated
5,000
5,000
15.000
15,000
70,002
37,&90
(72,957)
34.935
Re5ti'i¢ted fund$
Liontrust
634
634
634
634
Total
70,636
37,890
(72.957)
35,569
12 Analysis of net assets between funds
Unrestricted
Restrieted
Funds
Funds
Total
Fixed assets
387
387
Cu￿ent assets
5.239
634
5,873
C￿￿eTht ligtbilities
(5,036)
(5,036)
590
634
J,224
20