BELVOIR CRICKET & COUNTRYSIDE TRUST LTD FlnaDclal Statemonts for the year endad 31 August 2024 Company Number: 6798047 Charity Number: 1131442 BELVOIR CRICKET & COUNTRYSIDE TRUST LTD Report and Flnanclal Statements For the period ended. 31 August 2024 BELVOIR CRICKET & COUNTRYSIDE TRUST LTD Flnanclal Statemènt8 for the year ended 31 August 2024 Contents Page Trustees'lDireclors' report Inancial Review Financial Statement Independent examinofs report 10 Statement of financial activities for the year to 31 August 2024 11 12 Balance sheel l3- 17 Notes to the financial statements statement of financial activities for the year ended 31 August 2024 18 BELVOIR CRICKET & COUNTRYSIDE TRUST LTD Financial Statements for the year ended 31 Augu8t 2024 REFERENCE AND ADMINISTRATIVE DETAILS Prlnclpal Address & Reglstsred Office: Belvolr Castle Grantham United Kingdom NG321PE Company No: 06798047 CharEty No: 1131442 Martln Reason (Chair) (appointed 2511012023) Julle Hopkins (VI￿ Chair) Nick Tumer (Vice Chair) Katherine Bygott Richard Clowes Jamie Dalrymple Phil 0'8rien David Paton Oliver Stocken CBE (retired 171712024) Alistair Troughton Peter Stephens (retired 311112023) Phillip Hodson (retired 2411012023) David Epton Rick Clegg (appointed 181412024) Slr Charles Richards (appointed 181412024) Trustees l Directors: Company Secretary & Trust Dlrector: Darren Bicknell Bankers: Virgin Money First Floor, Lock House Castle Meadow Road Nottingham. NG21AG Independent Examlner Margaret Anthony Hardcastle Burton 36 Dene Road, Northwood Middlesex, HA62DA Sollcltors: Freeth Cartwright LLP Cumberland Court 80 Mount Street Nottingham NG16HH BELVOIR CRICKET & COUNTRYSIDE TRUST LTD Flnanclal Statements for the year end￿ 31 August 2024 STRUCTURE. GOVERNANCE & IVLANAGEMENT The B81voir Cricket & Countryside Trust (BCCT) Is a company limited by guarantee. registered In Eiwland and Wales on 21$1 January 2009 (company number 0679804n. It is a registe￿ charty in England and Wales (1131442) whose purpose is to advan￿ the education of chiklren through cricket and the countyside. The Chaiity is govemed by its m￿orandum arKI Artides of Associalion. The Tfustees are so directors of the Company for the Purpo￿ of compww law. A panel comprising exiaing Trustees seknts any new Trustees. Trustees are elected and retlre in accordance wlth the MemorarKlum and Artkn of Asso(?knn. The T￿￿teeS hold regular meetings. Rlsk Management The Trustees have assessed the major risks arKJ implemented a risk regster to consider risks that Ihe Trusl Is exposed. in particular - those related to the operations and finanos of the Twst and are satisfi that Ihe systems are in Pla￿ to manage the Trusl's exposure to Ihe major risks. Those who are likely to be Involved vrith children are required to pass DBS thecks {fomierly CRB checks). OBJECTIVES AND ACTIVITIES 1. The Companys name is BELVOIR CRICKET AND COUNTRYSIDE TRUST LTD (Ihe ChariV). 2. The Charitys registered office is to be stuated in EnglarKI arKI Wales 3. The Charl￿S obj'eds (Ihe Objectsl a￿. 3.1. To introduce children lo the traditions of the E￿liSh countysida Ihrough sport especlally crid(el, and its relat￿1 activities. 3.2. To support the development of local chlklren from rural. urban. and dlsadvantaged background& 3.3. To support the development of local able-bodted arKI disat￿l chIktr￿, aNI tly)se with special educational needs. 3.4. To Wofk wilh Local Authorities and especiauy schools to d￿veredUcatIOnal actlvttAes to chlldren from local communities. 3.5. To encourage all family members to be invdved in the activilies of the Charity. 3.6. To promote volunteerirvJ as a way of serving our communlties BELVOIR CRICKET & COUNTRYSIDE TRUST LTD Flnancial Slatements for the year ended 31 August 2024 ACHIEVEMENTS AND PERFORMANCE In ourfifteenth yearwe have continued with our core wojects- 8elvolr Bees, Cricket & Countryside School Days, Special Needs in School and Days at Belvolr Castle, the Teach Cricket in School Coachlng program, and the Volunteers programs. and we have continued with our recent wograms of Basketball and a summer camp. A record total of 4950 children attended our programs. Belvolr Bees 151 chlldren took part . 242 hours of community coaching were provlded . The sessions were supported by 33 local volunteers, glvlng 242 hours helping with sports coaching and administration of the sessions Giving children, 4-11 years, the opportunity to play sport and leam skills on a regular basis encouraging Involvement of adult volunteers in sports activities. involving all members of the family in the activitles through Soclal interaction in a fuial communty The Trusl continues to offer "Belvoir Bees" sessions at several rural I small town venues (typlcally a Small crlcket ground). These sessions provide a taster, not only for children to participate in sport and learn skllls, but also provkle a focused way for local families to meet and becorne more Involved in developing their community. This project is cricket based but encourages participation at all leve15 of skill. It Is NOT a Cricket Club - and there are no team selectlons. It promotes inclusion and regular gl>minute actlvity on a weekty basis through the summer months. During 2024 the Belvoir Bees model was dellvered to 5 wral I small county town communitles. Through the introduction and running of the 8elvoir Bees the Trust has been instrumental in Ihe regeneration of sm811, rural and In sorne cases failing cricket dubs by collaborating wtth them to develop sustainable junior cricket sedions and enabllng a pathway for youngsters lo access competttlve Junlor crlcket: Asfordby Vlllage Hall Hose Village Hall. Great Dalby Crlcket Club Belvolr Crlcket Club, Knlpton Plelton Mowbray Crlcket Club Tha Bees continues to be wem recelved wlth many posltive comments Including the followi￿. My &year￿d daughter has been going to the Belvolr 8ees In Knlpton for the last two years and It Is the hlghllght ofall our weeks. The sesslons are always fun and engaglng and she Is steadily impmvlng herskllls. We look fonvard lo coming agaln n•xt summer. Olly Clayfield In 2025. our aim is for the Belvoir project to continue at least 5 venues. The sessions will also be used to further encourage volunteer engagement and community integration through th8 Introduction of frlendly competitive cricket across the venues l.e., Bees ToumamenL To continue the development of Junior cricket for 11+ the Trust will continue to collaborate closely wlth local clubs in supporting them until they become self-sufficient in runnlng their own junlor cricket. The Trust will also support Belvoir Bees venues in worf(Ing wilh the English and Vvales Cricket Board (ECB) and nUrtur1r￿ relatlonshlps with the regional ECB Boards to develop and grow CrfckeL BELVOIR CRICKET & COUNTRYSIDE TRUST LTD Financial Statements for the year ended 31 August 2024 Crlcket and Countryslde School Days 30 primary & SEN sch¢x)Is from Leicestershire. Nottinghamshire and Lincolnshire visited the Estate 1510 children and over 107 school staff attended Ihe 20 days. 33 volunteers assisted on the days The Trust aims lo help the educalion of primary age children (and older children with special needs or disabilities}. This Is delivered by bringing children to the countryside and offering them multl-a¢tivity days which will include cricket, healthy Ilfestyle choices, countyside pursuits arKI familnglrural issues. Wth the support of Her Grace the Duchess of Rutland and the Belvoir Estate staff and local volunteers both sport coaches and those involved in the local countyside. The days typically inclLKled 2 hours sporting actiV6tieslcoaching and 3 hours of 'education' _ learning about the countryslde from local people suth as the farmer, woodman, angler, gamekeeper, huntsman etc. In 2025. we wlll continue to extend the reach of the Trust to include schools from within Lelcestershlre, Lincolnshire, Nottinghamshire, and Rutland where the school days will be used to promole all the Bees venues. We will also look to partner with other similar organisations that deliver 'outside' educatlon. We will also be working closely with the schools to enhance the educational and Ilfestyle messages that are delivered and where possible look to twin schools from dlverse backgrounds (i.e., small rural schools with larger, multi￿ultUral inner-city schools). We contlnue to offer a learnlng resource for schools which wovided a project for teachers prior to their visit and a follow up after thelr vislt. The alm of this is to support our schools and provlde longer exposure lo countyside learning to all children involved wlth the BCCT. It has been very well recelved by teachers and children alike and we will review the resutts wlth a Vie4Y to improving It and keeping it relevant year on year.. Thank you for another fantastlc day In the Summer. Our team had a fantastlc day• and the coaches and volunteers grabbed the attention of the students. rhere were lots of dlscussions about the day when we returned to school. Davld Platt St Nlcholas C of E Primary School Special Needs Program . 804 children took part in the prolect . 502 children in 11 schools received 5 weeks of Table Cricket & Kwik crlcket coaching . 219 children took part in 5 Table Cricket Tournarnents . 70 children from 6 schools visited the Belvoir Estate on a Crlcket & Countryside Day . 135 hours of currtculum coaching defivered and CPD opportunities provided to school staff . 13 thildren from Melton Mencap took part in a holiday aGtlvlty day. The program gives youngsters wlth special need8 the opportunlty to play sport and learn skllls on a regular basls. supporting Special Needs schools to facilitate and provide active sport for thelr young people. The progrdm also provides Continuous Personal Development (CPD) opportunities for school staff enhancing the school's curriculurn delivery. BELVOIR CRICKET & couTrifRYSIDE TRUST LTD Financial Statements for the year ended 31 August 21r24 Our Students enjoyed the sports & the coaches got all the students Involved. The Birds of Prey and getting to hold them was a hlghllght of the day and a good sensory activfity for our students who love anlmals. The Trust stsff took our students out of thelr comfort zones and but tslklng them through each step when unsurn. Oakfleld School Teach Crlcket . 757 chlldren took part in the program . Delivered the program to 33 cla&8es in 17 prlmary schools . 99 hours of coaching was dellvered The &week program is deslgned to enhance the schoofs Sports currt￿lUrn delivery and after-school dubs. Providlng exlt routes for ¢hildren to continue wtth out of school sports and provldlng CPD opportunitles for school staff. Crlcket18 alklncluslve not onty providing phy81cal educatlon l>ul also contritAJling to the currlculum: Physlcal Education (playing cricket. learnlry skAls) Engllsh (match reports, scoring scorecards. verbal communlcation> Mathemat1¢8 (rjcoring. run rates, strategy) Cltlzenshlp (rules, responslbillty, teamwork & contrlbutlon. etiquette, strategy, dlplomw) Personal, soclal and health educatlon (role model4 acllve and healthy lifestyle) Volunteers 37 volunteers dellvered 690 volunteer hours .13 volunteers worked on our 8elvolr 8ee8 woie¢t and h•*lay scheme . 21 volunteers worked on our Crid(et and Countysid8 Education days .4 volunteefs helped wlth our furKlralsir¥J. spedal events and admlnlstrati Involving adults in volunteerlng enables them to activdy contrthte to their local communlty. Giving focused skills training for specffic needs of the Trust projects - Wit￿Ut getting hlndered by - administrationlqualifications. Giving volunteers dear responsbi ility to help coach - wfthout the admknistrative or respon8lblllty burden assoriated with helping at 8 Sports club (&g.. can you join the commlttee; will you ring around the parents; Gan you organise Ihe fixtures: can you buy Ihe cricket balls; etc.) The Trust delivers trainlng work5￿pS for our crlcket volunteer¥ to not develop thelr knowledge of crlcket but their communication and teaching skOUs & leclmiques. Th8 Trust ensures that these volunteer hours are spent on direct contacl hours with the chlldren not on administrative tasks. Additional votunteers help wth fwKtraising and admlnS8tfation such as child. registratlon at $8ssions. BELVOIR CRICKET & COUNTRYSIDE TRUST LTD Flnancial Statements for the year ended 31 August 2024 In 2025 we wlll continue to increase our volunteer nelwork through communication and actively engaging with the parents and local communty. whllst contlnuing to develop l&qd coaches at each of the venues. We will also asslst In developing arKI nurtur￿￿ members of the local cricket dubs to enable those clubs to continue In the development of junior crldteL Teach Basketball 2025 Outcomes: . 804 chlldren took part In the program . Dellvered the program to 31 classes in 15 primary SCI￿1$. . Dellvered 1 after4chool dub and helped run the local Primary school finals tournament. . 99 hou(s of coaching Enhanced sc*ools' sports curriculum dellvery and W0￿ed CPO opportunltles for school staff Provlded exlt routes for chlldren to continua wlth out￿-s¢ho01 sput though the Belvolr8asketball Bees Junlor coaching program. Belvolr Basketball Beos Program 2024 Outcomes: . 2 venues at ran at Melton Mowbray and Grantham. . 71 children took part. . 78 hoLWS of communty coathlng was provkled Prlmary School Currlculum & After School Clubs Program 2024 Outcomes: Delivefed cu￿1¢u1Urn teaching to 78 ctmldren In 2 vlllage primary 8th0013: Croxton Kerrfjal and Wymondham throughout the year. Ddlvered 3 afterschool dubs reachlng 58 children. Dellvered a one off knrt( It weekll sesdon at 4 primary schools reachlng 73 thlldren. Delivered one off sesslon8 to 23 dasw at 6 prfmary sthools reaGhlng 618 chlldren. Hollday Scheme Camp 2024 Outcomes In 2024 the Trust continLpd its Easter and Summer camp. 12 days took place during the Easter & summer holklay wlth 55 hours of coaching. 96 children attended the scheme. 17 girls. 2 chiklren wtlh special needs and 4 children from ethrtic minorty backgrounts attended. 80 hours of volunteer time were given towards the scheme. BELVOIR CRICKET & COU14TRYSIDE TRUST LTD Financial Statements for the year ended 31 August 2024 PUBUC BENEFIT The Trustees have had regard to the guidance issued by Charity Commission concerning public benefits. They are Satisf￿ that the information given in varlous sections of this report demonstrates that the requirements to Identify publlc benefft have been met FINANCIAL REVIEW A full financlal revlew. Includlng the reserves pollcy• precedes the accounts on page 8. PLANS FOR FUTURE PERIODS The Trust needs to generate income to cover its core admlnistration costs - and provlde fundlng for lh8 develOpm￿t of Its youtlFbased projects as set out In this reporL During 2025 the Trust wlll work towards consolldating and improvlng the established projects and continue wlth roll-out of the pilot PTOieCts through measured and sustalnable growth". The Trust Is also worklTrJ to develop the fadlfties al the Knlpton Crid¢et Ground. to provide an Indoor basa lo deliver our activilses all year-round. We have secured plannlng pennission, and an architect has drawn up plans. various reports have been commlssioned. indLMJing a Buift Hwltage Statement, a business plan developed. Concurrently, we have also begun appllcations for fundlng. Currently the Trust h8s secured more than £600,000 t¢)wards the new build. It wlll tske a slgnlficant Investment to achieve our goal of developmg our cthanty further, but we are determined to look at ways in whlch we can grow. Fundlng The Twst Is actlvety engaged In the searth for Grant awards and prlvate donations. with some fundlng already In place for 2025. Trust Chief Executive, Daffen Bicknell, will continue with the 'ambassadorial' work and the fundraising events and activlties wlll be planned strategically to maximise relum and engagement with Stakeholders - raising the profile of the Tntst and erwing the message Is communlcated to the 'large¢ cricketing communlty. Events Events are planned for the yw to August 2(r25 not onty to generate funds but al80 to raise the Trust's profile within the East Mldlands buslness communlty and the Crld(et Community at large. Such events Indude: The Duchess of Rutland Xl vs. MCC and other major matches Corporate GO￿ Day Charity Dlnner Crld(et Bat Wllow Friends Scheme Belvoir Caslle Charity Clay Shoot Charity DIn￿r As can be seen from the infonnation given eIsfflvhe￿ in this report, BCCT has in pk¢e plans to raise substantial additional income to consolidate on the 2009-24 growth and expand its Gurrent and inrxease ils future activities. BELVOIR CRICKET & COUNTRYSIDE TRUST LTD Flnan¢l81 Statements for the year ended 31 August 2024 FINANCIAL REVIEW FOR THE YEAR ENDED 31 AUGUST 2024 BELVOIR CRICKET & COUNTRYSIDE TRUST LTD During the year, the Trust received charitable donations. grants and other income amounting to £406,320 compared to £176,899 in Ihe previous 11-month period. This included £250.195 (2023- £75,000) in respect of the proposed new building at Knipton. Expenditure of £90,028 (202&£19.473) was incurred in respect of the new building in the period. After considering net income from fundraising evenls of £13,983 (2023- £13.669), fundralsing Costs of £27,472 (2023- £28,211), direct charitable costs of £107.415 (202> £97,490) and other costs of £26,762 (2023-£14,977), there was a positive movement in unrestricted funds of £10,417 (2023- £22.614 negative). Reserves policy It is the aim of the Trustees to keep at least 6 months, expenditure In general reserves for year-on- year projects and to buikl enough capilal to undertake longer-tenn projects. On 31 August 2024. these general reserves (being the balance on unrestricted funds) amounted to £53.899 and the actual related expenditure was £173,464. The balance on restricted funds was £359,580 relating to unspent funds for the new building. Going Concern Ststement The Trustees have reviewed Trust's resourcas and commitments and are satisfied that it has sufficient funds to meet its obligations over the coming financial year. BELVOIR CRICK￿ & COUNTRYSIDE TRUST LTD FSnanclal Statements for the year ended 31 August 2024 RESPONSIBILITIES OF THE DIRECTOR'S TRUSTEES Law applicable to charities in England and Wales require the direclorsltrustees lo P￿pare accounts for each financial year. which give a true and fair view of the state of the charitable company's affalrs and of its income. and expenditure for the financial year. In preparing Ihese accounts the Directors Trustees are required to". Select suitable accounting policies and then apply themconsistenuy. judgements and estimates that are reasonable and prudent State whether applicable accounting standards have been follcmed. subject to any material departures disctosed and explained in the accounts. Prepare the accounts on a goi￿ concem basis unless il is irwpfopriale to pre$Un￿ that the charitable company wll continue in business. The director8ltru8tees are responsible for keepkng acc￿ntIng records whlch disclose, with reasonable accuracy at any time. the financial pO￿tIon of the charitable company and enab￿ thern to ensure that the accounts comply with the Companies Act 2(Kfj. They ate also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps fi)r the prevention and detection of fraud and other irregularibes. The Maintenan￿ and integrity of the charity's website Is the resp(￿sibI1ty of the direCtor￿trUs￿. Legislation in the United Kingdom governing the preparation and dissenMnalK)n of financial stat￿ts may differ from legiststion in otherjufisdictions. As far as the Drectors Trustees are *Kare: There is no relevant infomMtion of which Ihe charitable o)mpary's independent examiner is not aware, and The Dlrectorthstees have taken all steps that they ought to have laken to make themselves aware of any relevanl Informa￿￿ and lo establish that the irKlependent eXam1r￿ is wware of that information. by the trustees on l7h0ctob￿ ￿)24 and signed on their behalf ty. Ma Reason BELVOIR CRICKET & COUNTRYSIDE TRUST LTD Flnanclal Ststements forthe ended 31 August 2024 l ieport on the acC￿nIS of Ihe company for the year anded 3151 August which are set Olrt on pages 12 to 19. Rosp￿tIve responslbllltl•s of trustees and examlner The twstees {who are also the directors (rf the company for th8 purposes of cThnpany law) aTr responsible for the p￿paratIOn of the accounls. The tfustees consider that an audit is not requlred for this period under section 144(2) of Ihe Charities Act 2011 (Ihe 2011 Act) and that an independenl ex8nHnation b needed. Having satiSf￿d myself that the chaity Is not subject to au(fft under company law and is elig5ble for independent examIr￿tIOn, l is my respOnS￿lf￿ to: Examlne the ac¢ounts under section 145 of the 2011 To follow the procedures lald down In the g￿￿ra1 drectio￿ given by the Chanly Comri￿ under secllon 145(5)(b) of the 2011 Act. and Tostale whether matters havecome to my *ntlon. Ba816 of Independent examinerfs report My examinatsn was conducted in accordance with the General Dwedions gr¥en by the Chwity Commi86ion. An examination includes a review of the accounting records kept by the charity and a compar*on of the account6 presented with those records. It also includes ¢onskler8ticm of any unusual items or disclosures in the accounts and seeklng explanallons from you as trustees conceming any suth matter4 Ihe procedures undertaken do nol provlde all the eviden￿ that would be required in an audit arrfl consequenty no opinion ts given as to whether the accounts present a 'lrue arKI fak vl&¢. and the report 18 Wed to those nwers set out In the statement below. Independent examlnerfs statement In connectlon with my examin8tlon, no malter has come to my attertton: which gives rne reasonable cause to believe in any malerMI respect the rquirements: tokeep accountlng records In accordance wfth Secti￿ 386 of the Crrnpanies A(* 2006: arKI to prepare accounts which accord with the &counting records. comply with the 8ccountlng requirements of Section 396 ofthe Companies Ad 2006 and with the methods and priri•s of Statement of Recommended Practlce: Accounting and Reporting by Charities Have not been met or to which attention should be drnwn to enable a PToper undwslandlng of the accounts to be reached. Margaret Anthony Hardcastle Burton 36 Dene Road NOrth￿)0d Middlesex HA62DA 2024 10 BELVOIR CRICKET & COUNTRYSIDE TRUST LTD Flnancial Statement8 fortho year ended 31 August 2024 INCOME & EXPENDITURE ACCOUNT 2024 Rostrlcted Fund (New Developmen 2023 Unrestrfctsd fundb Total Totsl In¢om¢ and èndowments fr•m: Donations 8nd Grants Charitable activiti88 38 Fundralsing events 48 Other Income: Bank intere8t Renl received 12 Total Incomo Expandllure on: Ra161ng funds: Fundral8lng events 4{a) Fundralslng expenses 4(b) Charliable acllvllle8 Dlrecl costs 3(8) Support Costs 3(b) 128,468 27,657 24,798 250,195 378.663 27,657 24.798 147,416 29.483 19,451 1.958 1.000 183,881 2,496 1.000 199,846 1.000 250,195 434,076 10,816 27,472 107,415 26,762 10,815 27,472 107.415 26.782 5,782 28,211 97.490 14,977 Olher.. N8w 08V8lopm8nt Rent Pald Total expondltur• 90,028 90,028 1.000 283.492 19.473 1.000 166,933 1.000 173,464 90,028 Not Incomel(•xpendlture) 10.417 160,167 170,584 32.913 Total fund8 brought foThvard Total funds carrlod foNMrd 43.482 53.899 199,413 242,895 359,580 411479 209,982 242,895 The statement ol financlal aclivltles Includes 811 gains and k)sse8 recognlsed In the pertod. All Incoming resources and ro8ource8 expended comg Irom ¢ontlnulng acuvltles. The notes on page8 13 to 18, fomi an Integral part of these financlal 8latement8. 11 BELVOIR CRICKET& COUNTrYSIDE TRUST LTD Flnanclal Statements for the year ended 31 August 2024 Balance Sheet 31 August 2024 31 August 2023 Curnt assets Debtors and kyepayments Cash at bank and in hand New Devek)pment Fund 5.591 56.848 357.299 419.738 5.503 116,930 124.287 246,720 Llabllilies Creditors". a￿nts fauing due wlthin l y Net assets 413N79 242,896 The lunds of tho charlty Restricled FU￿ . N￿deve￿p￿1 Unrestricled irrome fur 359,580 53.899 413,479 199.413 43.482 242,895 The Tiuslees {DI￿10rS) are satisfied that the o)mpany b entitled to exemption from the provislons of the Companles kt 2006 (the Act) relating to the audrt of the financial statements for the period by virtue of Section 477. and that no ff£mber or merrt)ers have reqU￿d an audit pursuantto Section 476 of the The Trustees aCkno￿e tr￿1r (esponsibility kr. O) ensurfng that the conyany keeps adffju*e ￿))untIng rel￿￿S whlch o)mWy wllh ￿lOn 386 of Ihe Act. and preparing financial statements which give a true and fair view of Ihe situation of the company as at the end of the financial period and of Its Pfofft or loss for the financial period in accordance with the requirements of Section 393. and wh￿h otherwise compty with the requirements of the Act relatlng to finarKkl statements. so far as applkth to ￿ ¢xJmpffj. finan daresi statements were approved by the trustees and aUlhor￿ed for tssue on 17th October 2024 on their behalf ty. irperson Company Regl n Number. [￿798047 12 BELVOIR CRICKET & COUNTrYSIDE TRUST LTD Flnanclal Statements for the year ended 31 August 2024 1. Accounting policles Basls of accountTng The financial statements have been prepared under the historical cost convenlion and in accordance with the Statement of Recommended Pr&tice: Accounting 8nd Reporting by Ch8rfties weparing their aCC￿L￿ts In accordance with the Financial Reporting and Standard appllcable in the UK and Republic of Ireland {FRS 1Q) (effective 1 January 2015>. the Charilies Act 2011 and the Companies A The company ¢on8tituts& a pubk b￿fft enlfty as defined by FRS 102. Having assessed the companls fin￿Gla1 posilbn and plans fijr the near future. the TnL8tees are satsfied that it remains appropiiate to prepare the financlal sLqtaments on a going concem basis. The Trustees have consxlered the effects ￿ Covid.19. b) Incomlng resources Grants donalN)n8 are Tecognlsed on a rel￿1p￿ basts unless expected wlh reasonable Resources exp8ndod. Expenrfrture is recognbed on an accrual ba The costs crf the Trust Director are apportioned between eert8ln aclNilies b8sed ¢ estlmated Ilme spent on those actNities. Details are shrywn in note 6. d) Flxod assets Amounts urKJer £1.000 are wriiten off in year of purchase. e) Funds Unrestsid￿ fijnds are those be used in accortsnce with the charilable objects of the Tntst at the disffttion of the Trusiees. Restricted funds are those which can only be U8ed as specified by the donor or ￿e ra￿ed fort￿ new developmenl. 13 BELVOIR CRICKET & COUNTRYSIDE TRUST LTD Flnanclal Statements for the year ènded 31 Augu$1 2024 2. Donatlons and grants 2024 2023 UnreslrirAed Grants 114.134 61.832 Donatlons 11.582 GIflAld recovèrable 2.752 Totalunrestiicted 128.468 72,416 R8St￿Cted New development 250 195 75 000 3. Charftablo actlvltl88 (al Dlr¢ct C06t• N•t 2024 Nol 2023 Incom• Expendlturn Belvolr Bees Crlck8t and Countryside Day8 T68Gh Cr6cket Speclal Needy Basketball Summw Camp Crlck618at Wllow Volunteer8 4,480 8,715 3,017 22,459 27,240 18,958 27,991 2,142 50 (17,999) (16.358) {20.526) (14,482) {15.939) {13.686) {23,197) {18.933) <115) <5,717) 8,594 8,144 (1,678) (3,287) 2.027 8,577 18.57n 27.857 107,415 (79,758) (68.oon Some donor8 ask thatW• U8e tholr 91ft8 to 8UPPOrt gpeclfi¢ 8ellvlll•o. These ￿•h¢s are rafi•ctod In the table Above. At the ènd of the Flnanclal Y•ar, 8hould a partlcular acllvlty 8h¢MI a surplus. It 18 the Tru8tgos' PollGy to rade8lgnato It lor genernl ug• In tho Charfty (b) Support Costs 2024 2023 9,763 1,661 1,350 2,472 2.400 8.750 4,735 3,084 5.585 1.032 927 Insurance Rent Marketlng and promoiion Office and olher expenses Independent examinalion 14 BELVOIR CRICKET 8 COUNTRYSIDE TRUST LTD Financlal Statèments forthe yèar andad 31 August 2024 4. Ralslng funth (a) Fundralslng events Net 2024 Nfyt 2023 Ancom• Expondituro 1ffi25 3fi26 {2.001) 3.725 4.121 Sponsored Cy Lotteries MCC Dinner Charity Shoot Charity Dinner Other {1.870) 2.500 20,185 2.500 12,996 7,189 24.798 10.815 13.983 13.669 (b) Fundra181ng 9x￿n￿e5 2024 2023 Fees Travel et Webslle .Annual revlr Vkleos Other expen8es 17282 7,324 1.624 777 17,041 5.087 1.014 948 3,675 27.472 28211 5. New dev•lopm•nt ¢06ts (AU restrfcted f￿KIs) 2024 2023 Profes81(￿al fees elo Fundralser ¢x6ts Other Fe88 81389 1.450 6,689 3.150 5233 90.028 19.473 15 8ELVOIR CRICKET & COUNTRYSIDE TRUST LTD Flnancial Slatements fortho year ended 31 Augu8t 2024 Staff ￿sts During ihe year rn person was employed for fundrntslrvJ wrposes P023: one person). Employment costs were: 2024 2023 Gross s*￿Y Pension contrlyjlk 3.150 3.150 Salaries and employment costs were. paid to three employees1202&three) during the period. and were allocated 2$ follutlons of £2.277 were paid on behallof ts emp duriwJ the period. 2024 2023 Credltors 6.259 3.825 6.259 3.￿24 16 BELVOIR CRICKET & COUNTRYSIDE TRUST LTD Flnancial Statements for the year ended 31 August 2024 Restrfeted funds Balan¢e Incomlng blfonvard resourc08 Resources expended. BalanGO clforward New development 199,413 250.195 90,028 359,580 Total: Restricted funds 199.413 250.195 90,028 359,580 9. Analy6is of net assetsniabtiitles between funds Current Assots Current Total 118bllllle$ 2024 New development Unrestricled funds 359,580 60,158 359,580 53,899 (6.259) 419.738 (6.259) 413.479 Current Assetg Curront Ilabllltles Total 2023 New development Unrestricted funds 199.413 47,307 199.413 43.482 {3,825) 246.720 (3.825) 242.895 10. Related party transactions and trustees (a) The trustees received no remuneratlon for their seNices during the current or previou8 period. (b) No expenses were reimbur8ed lo trusleas during the current or previous period. A number of truslees make donatk>ns to the trust e¢ther through Glft Aid or support for specif fundraising activities. I l. Sharo Capslal Belvoir Crickal & Countryside Trust Limited is 8 comp8ny limited by guar8ntee and consequently does not have any share capital. 12. L?as? commltment Durlng 2019. Ihe Trust entered a 50-year lease wilh the Belvolr Eslate at £1.000 per annum foT Ihe use of 8 cricket ground replaclng the Previous 3&year lease. The Belvoir Cricket Club has, under another lease. egwd to refund these amounts to the Trust. 17 BELVOIR CRICKET & COUNTRYSIDE TRUST LTO Financial Statements for tha year ended 31 August 2024 Staternent of financ#81 xthiities (Incx)rporating an Income arKI expen(fiture a¢count) For the period ended 31 August 2023 Rg8tflGted fund Néw development Unrnstrktèd funds Tot81 2023 Not• Income and end(Ywments from: thnalions arKI grants Charitable activittes Olher tradlng activilies: FundralslTrg events Olhw incA)me.' Bank Enterest Rent received 72.418 29,483 75.000 147.416 29.483 31a) 4(8) 19.451 19,451 2.495 2.496 1,fJJO 12 Total Inc¢y 124.846 75.000 199,846 ExperH1itU￿ on: Ralslng funds: Fundfal8lng events 4(a} 5,782 5.782 Fundralslng expenee8 4lb} 28211 28,211 Charftable advlli Dlrecl ¢osls 3(8) 97.490 97,490 Supptyl 14.977 14.977 19.473 18.473 12 Ront pa¥J 1,000 Tolal exp•￿1￿[e 147.4 19,473 1e6.933 Nel Incwexperrf￿r8) P1814) (55208) 55.527 32,913 Transfew8 b8iween funts 55.208 Nel movement In furxls 110.735 32.913 Recondllatk>n of fvnd&" To181 lunds broughl foThvaTd 121.304 Tola funds carrled for4v¥d 43.482 199.413 242,895 18