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2025-10-31-accounts

REGISTERED COMPANY NUMBER: 07286116 (England and Wales)
REGISTERED CHARITY NUMBER: 1141876

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

VENTNOR CRICKET CLUB LIMITED

Garbetts (IOW) Limited
Exchange House
St Cross Lane
Newport
Isle of Wight
PO30 5BZ

VENTNOR CRICKET CLUB LIMITED

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025

----- Start of picture text -----
Page
Report of the Trustees 1 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9 to 10
Cash Flow Statement 11
Notes to the Cash Flow Statement 12
Notes to the Financial Statements 13 to 18
Detailed Statement of Financial Activities 19
----- End of picture text -----

VENTNOR CRICKET CLUB LIMITED

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 OCTOBER 2025

ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheirreportwith the
financialstatementsof the charity for the year ended 31 October2025. The trustees have adopted the provisionsof Accounting and
Reportingby Charities:Statementof RecommendedPracticeapplicableto charitiespreparing their accountsin accordancewith the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objective of the Charity is set out in the governing document:

The promotionof communityparticipationin healthyrecreationfor the benefitof the inhabitantsof the Isle of Wight,in particular
by the provision of facilities for playing cricket.

Public benefit

In planning objectives and activities for the year the trustees have considered the Charity Commission's guidance on public benefit.

ACHIEVEMENTS AND PERFORMANCE Introduction:

VentnorCricketClubbecameaRegisteredCharityinJuly2002(CharityNo1093352)butwasincorporatedin2010and was
re-registeredasacharity(VentnorCricketClubLtd.CharityNo.1141876).Thisisthereforereportnumber19oftheTrustees and
coverstheperiodfromJanuary2025toFebruary2026.ItreplacestheannualChairman'sReportandincorporates financial
accounts from the Treasurer.

The objective of the Charity is set out in the Constitution 2025:

The promotionof communityparticipationin healthy recreationfor the benefit of the inhabitantsof the Isle of Wight - in  particular
by the provision of facilities for playing cricket.

Review of progress towards meeting the objective and a general report of Club Activities.

ThisyearVentnorCricketClub celebratedits 175thanniversaryand it must go downas one ofthe mostremarkableseasonsin the
Club's history. Who could have believed the changes since the Long Shore fisherman of Ventnor first started playing cricket.

The anniversarywas celebratedin style both on and off the field. A series of specialevents were planned, driven by a small team of
people.BenWoodhouse,LouWoodhouse,BillNicholsandGraemeBurnettwerethecorememberswhoproducedtheideas and
the detailed planning that was needed. The whole Club took on board these events, adding their help and support.

TwospecialgameswereorganisedwithHampshireand the MCC.Bothteamsplayedthe gamein the spiritofthe day. What made
thesetwogamesspecialwasthecrowd.SupportnotonlycamefromtheClubmembersandthepeopleofVentnorbutof old
friends from other Island Clubs both 'friends and foes'!

One of the two main events was the cricketmatchverses Lashings.This is an organisationof internationalcricketerswho play fund
raisingmatchesaroundthecountry.Theproblemherewastheexpenseneededbeforeyouevenplaythegameandthecost of
providing corporate type of hospitality.

Thedaywasanoutstandingsuccessbothonthefieldandfinancially.Onceagain,theClubgainedgreatprestigeforthe whole
organisationof the day. This did requirehelp fromso many people.Ex-playersand membersfromthe past all added to the to the
atmosphere. The final balance sheet made it a very financially successful day.

ThecelebrationendedwithaGalaDinnerattheRoyalHotelinVentnor.Thenewownersmadeus verywelcomeandhopefully it
willhelpuswithourlinkswiththecommunity.ThedinnerwasoversubscribedwithClubmembersofallages,players, ex-players
once again showing their support for the Club.

Page 1

VENTNOR CRICKET CLUB LIMITED

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 OCTOBER 2025

I must finish this part by onceagain givingthe thanks fromThe Trusteesto the 175 Teamfor their contributionto makingthis such
an outstanding year.

FinancehasagainbeenamajorissuefortheClub,onceagainhavingtodealwiththeincreaseinenergycostsandmaterials. The
FinanceCommitteedrafteda budgetfortheyearwithupdatespresentedregularlyatExecutiveMeetings.Monthlyaccounts were
alsopresented.Ourmainexpensewasthattheoutsidestaircasetothebalconyandchangingroomswerecondemned. Much
researchtookplaceinlookingatalternatives'structures,butitwasdecidedthatonlyawoodedreplacementwouldmatch the
ambianceof the ground. We were lookingat an approx.costof £20,000.This projectis now completedthanks to a major donation
by Sallyand TonyThatcher,withthesupportofcostpricematerials,voluntaryhelpand 'Buya step'sponsors.AlanParkerand Sid
Owen bore much of the responsibilityfor the organisationof the work,thank you to them both. We now have the 'OwenSteps' up
and running.

A numberofgrantsand loanshas been realised,and nearlyalloftheseareinvestmentwhichwillreducethe costofenergyin the
long run. These have includedthe up gradingof our lightingsystemand extra solarpanels.Bill Nicholshas found grants from many
sources including the ECB and Local Council.

A greatdeal ofworkis takingplaceto makebetteruse ofthe facilitieswe can offer.Therehas been a majorincreaseby the IWCB
for use of the hall for training sessions. This is very welcomeas it has improved our relationshipwith the Board. The use of our  social
areas has also increased with various functions.

Weareincrediblyluckytohavesuchaknowledgeableandexperiencedfinancecommittee.TheTrusteesexpresstheirthanks to
Alan Parker, Mark Fletcher, Bill Nichols, Ruth Noyes and Nigel Cox.

Last year's decisionto enter two teams in the Island league seemed extremelyambitious.Two localgrounds at Arreton and Brading
had to be hired to fulfilthe fixtures.This is never satisfactoryfor the teams using non-Clubgrounds,with anotherresponsibility put
upon the captains.A searchfor a secondgroundhas startedso the twoIslandteamscan have one home.This is in its initial stages
with investigation of grants, talks with present owners and suitability for adult cricket. The first signs are positive.

Thisyearhasseenthewidestrangeofcricketofferedtothecommunitythatwehaveevermanaged.Incompetitiveterms during
theyear,wehaveofferedfourseniormen'ssideseverySaturday.Everyweekoneofourtoptwoteammustmakethejourney to
Hampshire.This requires a major commitmentfrom our players, early ferries, and often late returns. We must give our great thanks
to Red Funnel for their continued support with the cost of ferry fares.

Apart from the four Saturday league sides, a socialside plays on Thursdays and Sundays. This cricketoften provides a chance for the
younger players and those unable to play on Saturdays to play adult cricket.The final adult team is a Ladies team which plays in  the
Island Women's league.

The importanceofall theseteamsis thatit has allowedmanyofthe juniorsa chanceto playadultcricket.The 13 to 17 age group
has always seen the greatest drop out of players. Our thanks must go to Jack Price, Nick Dobson, Kevin Attrill and Ruth Noyes for the
way they supported the youngsters and made sure that they were always involved in the matches.

One of the hidden problemsthis year has been a change in the Safeguardingpolicies.We now must have a captainand vice-captain
withDBScertificatesforeachteam.Forus thishas meantmakingsurewehavetwelvequalifiedpeopletoactas captainand vice
captains.

Rob Snell has stood down as Chair of the Cricket Committee.He has been involved in the Cricket Committeefor many years, and  we
would like to thank him for the work he has put in as Chair.

The junior sectionhas continuedto be successful.We are going through a challengingtime with the younger ones as there is a  drop
in schoolnumbers working through and you may not believe it, but covid has still made a differencein the attitude of some. We are
running sessionsand competitiveleaguesfor u15, u13, u11. Dynamosand All Stars has continuedthis year givingus a strong group
ofboysandgirlsu9s.RuthNoyescontinuedtorunSummerCampsfortheJuniors.Finally,BenWoodhousehasrunhis Little
Legendssessionswhich interestinglyhas brought back some of our older players with their littleones. Specialcongratulationto the
u15's who reached a regional tie as county winners (this included Hampshire teams).

Dineth(Dini)returnedfor anotherseasonas our overseasplayer.He continuesto be a main stay of our 1st XI and helped maintain
theteam'spositionintheSCPL.Hehasalsohelpedthejuniorswithcoachingsessionsandthesummercamps.Hehasbeen very
popular with all ages in the Club. It looks as though 2026 will see him returning for another season at Steephill.

Page 2

VENTNOR CRICKET CLUB LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2025

A developmentover the last few seasons is the visit to Steephill of some younger overseasplayers for the season. This is sometimes
alittledifficultasthevisarestrictionsareextremelystrict.TheircontributiontotheClubhasbeenverypositiveastheybring a
different view of cricket and life to our own players. Strong bonds of friendships have been made.

For the last two years the nationalaccreditationfor a well-runand child orientatedclub, Clubmark,has been in abeyance.The  ECB
have put togethera new format,on a slidingscale,to allowmoreclubs to be able to qualify.We are stillthe onlyIslandclub to be
fully accredited, and we wait and see the changes. One of the requirements to play in the SCPL is to be accredited.

Safeguardingisbecomingincreasinglyimportant.Wehavehadanumberofissuesthisyear,buttheyweredealtwithquickly and
successfullyby our SafeguardingOfficer,Roy George.Roy won an award,fromthe IWCB,for his work as SGO. Any issues must  now
be logged with the County SGO.

The Club has movedon withSpond becomingthe maininformationchannelforall areasofthe Club.Thisyearhas seen the whole
membershippackage,includingpayments,availableonSpond.Thisisnowacceptedbymostofourmembersalthoughthereis a
smallnumber who stillfind it difficult.The one area where it has made an enormousdifferenceis in the selectionof team. Captain
have found the response from players very quick.

It would be remiss if the quality of the playing square and the surrounding ground was not mentionedorganisedby Ali Cotton. Once
again,wehadoneofthebestsquaresintheleague.Thechangethisyearisthattherehasbeenanincreasingnumberof players
who have been willing to help with the maintenance.

The improvementin the surroundingareas of the ground has also had a great deal of work.There has been majorwork on trees to
maintainsafetystandards.Onceagainithasbeenmainlycompletedbyvolunteers.Specialmentionedandthanksto Steve
Clutterbuck and Pete Buckley  who regularly just go down to the ground and carry out routine groundwork.

This is my last Annual Report of behalf for the Trustees.It has been a privilegeto have been secretaryfor the last forty years. I have
seentheClubrisefroman Islandonlyteamtoonethatis a seniorClubin Hampshireand theIsleofWight.Howdid this happen?
People,year afteryear new peoplejointhe Club and add their ideas and especiallyskillto developingthe Club. For me two people
formedthe foundationof the modernClub. JackRogerswas Presidentwhen I becamesecretary.He was a remarkableman who in
our75thseason(1925)couldhavebeenplayingatVentnorinateamincludingPeersoftheRealm.Thestoriesherelatedon the
waytomeetingswereendless.ThestrengthofJackwasinthe'SpiritofCricket'.HeembeddedtheseprinciplesintheClub,and I
hope we have maintained these standards.

Theothermajorforcein theClubwasJohnHilsumBEM.Inthe1980'swebuiltup anactivecommitteeofplayerswhowere both
good cricketersand willing to develop the Club. For twenty years our committeenames were the same. It was also the same  people
who became coachesunder the NationalCricket Association,and this formed the foundationof Ventnor'sJunior teams. I wish  there
was room to mention everyone's names as we formed strong friendship and could rely on each other's support.

Johnwasunusualin thathe had he had constantideasforthedevelopmentoftheClub,but he alsohad thedeterminationto see
projectthrough.Thebuildingofourpresentfacilitiesisduetohim,turneddownbytheNationalLotteryseveraltimes his
persistence was at last rewarded by the Steephill we see today. It was also John who pushed for the Club to enter the HCL which has
led on to the SCPL. These were not easy decisions for the Club to make and my task as secretary was often stretched.

The role of secretary gave me a chance to work with other Clubs through the IWCB and once again friendships were made for life.

As a Middle SchoolTeacherI had the chanceto help developjunior cricketboth in schooland clubs. I alwaysconsiderthis to be my
most importantwork and now when coachingis a little more difficult,umpiring on a Sunday morning is still fun.This work gave me
the chancetosee manyjuniorsscoretheirfirstfouror taketheirfirstwickets.WhatI haveappreciatedmostis the fun, friendship
and supportthejuniorsand theirparentshaveshowntomeespeciallywhensomeofthoseeight-year-oldsarenowin their fifties
with their own children.

Althoughwe are now a companyand a charity,we are still one Club providingcricketfor all ages. Year after year we have had new
people with top class skills coming to the Club and volunteering their skills and knowledge so that we can continued to develop.

In the end it is the people who have made Ventnor special and will continueto in the future. Thanks to everyonewho has made  this
possible.

Asabattingcoachwouldsay,welldoneonyour175,takeyourapplause,now,takeadeepbreath,reviewthefield,takea fresh
guard, and go for the 200. Bat's up.

Page 3

VENTNOR CRICKET CLUB LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2025

FINANCIAL REVIEW

Financial position

The financialdeliveryof VentnorCricketClub and financialdecisionmakingprocessis coordinatedthrough the Finance Committee,
which is a sub-committee of the Club Executive committee

The financecommitteemeets approximatelyevery 2 months and holds the responsibilityfor managingthe majorityof the financial
and business elements of running the Cricket Club. The group leads on and assesses the following areas;

Our thanks go to the finance group:

Annually,thecricketclub'soperationsnowincurrunningcostsoftheorderof£100,000.Thelargestproportionisattributable to
building overheads, notably energy and maintenance, and ground preparation costs.

Meanwhile,cricket-relatedincome,including membershipfees, fundraisingand sponsorship,is insufficientto cover these expenses.
As a result,the clubrelieson the trading-relatedincomegeneratedfrom,forexample,the bar,catering,lodgeand sports hall-hire
to 'bridge the gap'. Together the bar and Lodge (the latter in decline in recent years) contribute around £25k.

We are also greatly appreciative of the generous donations made by members, some very substantial in the past 12 months.

We also make significanteffortsboth to controlour costsand to boostour income.Illustratively,to mitigaterising energy costs, in
the last two years,we have extendedboth our solarpowergenerationcapabilityand installedLEDlightingin the sportshall. This is
an ongoing effort with further investment targeted in the next two years.

Ontheincomeside,specifically,in2024-25,theoccasionoftheclub's175thanniversaryyearenabledustogenerate significant
additionalrevenue.Thisin turnenabledus toslowthelong-termdepletionoftheclub'sreserves.Thischallengeremainsa critical
focus for the club's executive team.

Finally,it must be stressed that these results are due to a great deal of voluntarywork. Every aspect of our operationsis dependent
on the support of our wonderful volunteers who do so much to help the club and, in turn, the community which it serves.

Reserves policy

At the yearend the charityholds£838,267(2024- £855,947)in reserves,£837,667(2024- £855,347)ofwhichis unrestricted, and
of this free reserves not invested in fixed assets amount to £16,053 (2024 - £8,935).

Of this £4,000(2024- £4,000)is designatedto the JC RogersTrustfund set aside forexpenditureon the club'sunder 16s team the
colts,£5,000(2024- £5,000)is designatedtothe maintenancefund set asideforpotentialfuturemaintenancecostsand £1,551 is
designatedto the Englandand WalesCricketTrust(loan)fund set aside fornotionalintereston the loantakenout during the  year,
leaving £5,502 surplus (2024 - £2,482 deficit).

The reserves are held to allowthe charityto functionwith flexibilityand to allowit to deal with cashflowfluctuationsand meet the
unexpectedexpensesthat can arisein running the club.The trusteesare aimingto increasereservesto a levelof £40,000at which
pointitwillbebudgetedtomaintainthislevel,withinvestmentsandmaintenanceprogrammefactoredintothe1-5year budget
schedules.

Page 4

VENTNOR CRICKET CLUB LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Thecharityiscontrolledbyitsgoverningdocumentthememorandumandarticlesofassociationdated20January2011, and
constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees

Thememorandumandarticlesofassociationstatethattheremustbeaminimumofthreetrustees.Eachyearonethirdof the
trustees are required to retire by rotation at the annual general meeting.

Trusteesmaybeappointedbyordinaryresolutionatgeneralmeeting,ifproposedforre-electionbythetrustees,orif nominated
for election by a member and notice is given prior to the meeting.

Thetrusteesmayalsoappointanewtrusteebyresolutionofthetrustees.Anytrusteeappointedinsuchamannermustretire at
the next annual general meeting, in addition to any other directors retiring by rotation.

Risk management

Thetrusteeshavea dutytoidentifyand reviewtheriskstowhichthecharityis exposedand toensureappropriatecontrolsare in
place to provide reasonable assurance against fraud and error.

The Trustees are keen to ensure there are measures and financialmanagementprocessesin place to ensure the achievementof  the
keyobjectivesandsafeguardingofthecharity'sfundsandassets.ThisisinlinewiththeCharityCommission'sGuidance paper
'Charities and risk management (CC26)'

The Trustees have delegated the role of financialmanagementto the finance committee,with updates and reports presented to the
executivecommittee.The FinanceCommitteewillfurtherdeveloprisk logs,annual financialactionplans and monthlyreporting of
actuals against budget.  Other Charity function risks are also included as well as the financial elements.

Whilstwe have someimmediatefinancialrisks with the currentcostsof utilities,the club feels unable to investin otherareas such
as the new balcony steps, much needed mower and re-carpeting the changing room in this financial year.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

07286116 (England and Wales)

Registered Charity number

1141876

Registered office

Ventnor Cricket Club
Steephill Road
Ventnor
Isle of Wight
PO38 1UF

Trustees

R B Cook (resigned 26.2.26)
G A Burnett (resigned 13.3.25)
M N Fletcher
Rev N D Cox (resigned 13.3.25)
R E George (resigned 13.3.25)
Mrs F Newnham (appointed 31.5.26)
G Benson (appointed 13.3.25)
S Rodley (appointed 13.3.25)

Company Secretary

Dr W C Nichols

Page 5

VENTNOR CRICKET CLUB LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2025

REFERENCE AND ADMINISTRATIVE DETAILS

Independent Examiner

G Kelly, A.C.A., F.C.C.A.
Garbetts (IOW) Limited
Exchange House
St Cross Lane
Newport
Isle of Wight
PO30 5BZ

ThisreporthasbeenpreparedinaccordancewiththespecialprovisionsofPart15oftheCompaniesAct2006relatingto small
companies.

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

................................................................................

M N Fletcher - Trustee

Page 6

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
VENTNOR CRICKET CLUB LIMITED

Independent examiner's report to the trustees of Ventnor Cricket Club Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 October 2025.

Responsibilities and basis of report

Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)youareresponsiblefor the
preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16ofthe2006Actand are
eligibleforindependentexamination,I reportin respectofmy examinationofyourcharity'saccountsas carriedout under Section
145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationIhavefollowedtheDirectionsgivenbythe Charity
Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completedmy examination.I confirmthat no mattershave cometo my attentionin connectionwith the examination giving
me cause to believe:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). 

I have no concernsand have come across no other mattersin connectionwith the examinationto which attentionshould be drawn
in this report in order to enable a proper understanding of the accounts to be reached.

G Kelly, A.C.A., F.C.C.A.

Garbetts (IOW) Limited
Newport
Isle of Wight

Date: .............................................

Page 7

VENTNOR CRICKET CLUB LIMITED

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 OCTOBER 2025

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
37,656
Charitable activities
Training, hall and net hire
15,257
Subscriptions
9,608
Other trading activities
2
49,226
Other income
1,324
Total
113,071
EXPENDITURE ON
Raising funds
31,108
Charitable activities
Costs of operations
99,643
Total
130,751
NET INCOME/(EXPENDITURE)
(17,680)
RECONCILIATION OF FUNDS
Total funds brought forward
855,347
TOTAL FUNDS CARRIED FORWARD
837,667		 Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
600
600		 2025
Total
funds
£
37,656
15,257
9,608
49,226
1,324
113,071
31,108
99,643
130,751
(17,680)
855,947
838,267		 2024
Total
funds
£
55,668
11,149
7,972
12,097
1,145
88,031
1,250
112,501
113,751
(25,720)
881,667
855,947 
The notes form part of these financial statements

Page 8

VENTNOR CRICKET CLUB LIMITED

BALANCE SHEET 31 OCTOBER 2025

Notes
FIXED ASSETS
Tangible assets
7
Investments
8
CURRENT ASSETS
Debtors
9
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
10
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
CREDITORS
Amounts falling due after more than one year
11
NET ASSETS
FUNDS
13
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted
funds
£
821,514
100
821,614
2,162
31,822
33,984
(6,609)
27,375
848,989
(11,322)
837,667		 Restricted
funds
£
-
-
-
-
600
600
-
600
600
-
600		 2025
Total
funds
£
821,514
100
821,614
2,162
32,422
34,584
(6,609)
27,975
849,589
(11,322)
838,267
837,667
600
838,267		 2024
Total
funds
£
846,312
100
846,412
2,090
28,491
30,581
(5,976)
24,605
871,017
(15,070)
855,947
855,347
600
855,947 
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006fortheyear ended
31 October 2025.

Themembershavenotrequiredthe companytoobtainan auditofits financialstatementsforthe yearended 31 October2025 in
accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued...

Page 9

VENTNOR CRICKET CLUB LIMITED

BALANCE SHEET - continued

31 OCTOBER 2025

These financialstatementshave been prepared in accordancewith the provisionsapplicableto charitablecompaniessubjectto the
small companies regime.

The financialstatementswere approvedby the Board of Trusteesand authorisedfor issue on .............................................and  were
signed on its behalf by:

.............................................

M N Fletcher - Trustee

The notes form part of these financial statements

Page 10

VENTNOR CRICKET CLUB LIMITED

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 OCTOBER 2025

Notes
Cash flows from operating activities
Cash generated from operations
1
Interest paid
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Net cash used in investing activities
Cash flows from financing activities
Loan repayments in year
Net cash (used in)/provided by financing activities
Change in cash and cash equivalents in the
reporting period
Cash and cash equivalents at the beginning of
the reporting period
Cash and cash equivalents at the end of the
reporting period		 2025
£
15,171
(866)
14,305
(6,628)
(6,628)
(3,746)
(3,746)
3,931
28,491
32,422		 2024
£
24,595
(244)
24,351
(26,790)
(26,790)
-
-
(2,439)
30,930
28,491		 
The notes form part of these financial statements

Page 11

VENTNOR CRICKET CLUB LIMITED

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 OCTOBER 2025

1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net expenditure for the reporting period (as per the Statement of Financial
Activities)
Adjustments for:
Depreciation charges
Interest paid
(Increase)/decrease in debtors
Increase in creditors
Net cash provided by operations		 2025
£
(17,680)
31,426
866
(72)
631
15,171		 2024
£
(25,720)
31,118
244
920
18,033
24,595

2. ANALYSIS OF CHANGES IN NET FUNDS

At 1.11.24 Cash flow At 31.10.25
£ £ £
Net cash
Cash at bank and in hand 28,491 3,931 32,422
28,491 3,931 32,422
Debt
Debts falling due within 1 year (3,567) (182) (3,749)
Debts falling due after 1 year (15,070) 3,748 (11,322)
(18,637) 3,566 (15,071)
Total 9,854 7,497 17,351 
The notes form part of these financial statements

Page 12

VENTNOR CRICKET CLUB LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

Thefinancialstatementsofthe charitablecompany,whichis a publicbenefitentityunder FRS 102,havebeen prepared in
accordancewith the CharitiesSORP (FRS 102) 'Accountingand Reportingby Charities:Statementof Recommended Practice
applicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableinthe UK
andRepublicofIreland(FRS102)(effective1January2019)',FinancialReportingStandard102'TheFinancial Reporting
StandardapplicableintheUKandRepublicofIreland'andtheCompaniesAct2006.Thefinancialstatementshave been
prepared under the historical cost convention, with the exception of investments which are included at market value.

Income

All incomeis recognisedin the Statementof FinancialActivitiesonce the charityhas entitlementto the funds, it is  probable
that the income will be received and the amount can be measured reliably.

Expenditure

Liabilitiesare recognisedas expenditureas soon as there is a legal or constructiveobligationcommittingthe charityto  that
expenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlementandtheamountof the
obligationcanbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisandhasbeenclassified under
headingsthataggregateallcostrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticular headings
they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property- 2% on cost
Plant and machinery- 10% on cost
Motor vehicles- 20% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity.Restrictions arise
when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Financial instruments

InterestfreeloansrecievedoverafixedperiodareclassifiedasfinancingtransactionsasrequiredbyFRS102. Such
transactionsarerequiredtoberecognisedonreceiptatthepresentvalueoffuturepayments,ratherthanat transaction
value.Present value has been based on an estimated 5% market rate of interest.

This treatmentmeans that the loan recognisedin the accountswillbe recordedat a lowervalue than the facevalue of the
loan. The differenceis treated in the accountsas donationincome,and as repaymentsare made this amount will unwind  as
notional interest is calculated on the loan and charged to the accounts.

Theeffectofthisadjustmentwillbe held in a designatedfund so it is clearthattheseamountsarenotcashfunds held by
the charity.

continued...

Page 13

VENTNOR CRICKET CLUB LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2025

2. OTHER TRADING ACTIVITIES

Fundraising events
Social events and match teas
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets		 2025
£
49,176
50
49,226
2025
£
31,426		 2024
£
12,097
-
12,097
2024
£
31,118

3. NET INCOME/(EXPENDITURE)

4. TRUSTEES' REMUNERATION AND BENEFITS

Therewerenotrustees'remunerationorotherbenefitsfortheyearended31October2025norfortheyear ended
31 October 2024.

5. STAFF COSTS

The average monthly number of employees during the year was as follows:

6.

2024 2023
Charitable activities Nil Nil
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
45,318
Charitable activities
Training, hall and net hire
11,149
Subscriptions
7,972
Other trading activities
12,097
Other income
1,145
Total
77,681
EXPENDITURE ON
Raising funds
1,250
Charitable activities
Costs of operations
102,751
Total
104,001
NET INCOME/(EXPENDITURE)
(26,320)		 Restricted
funds
£
10,350
-
-
-
-
10,350
-
9,750
9,750
600		 Total
funds
£
55,668
11,149
7,972
12,097
1,145
88,031
1,250
112,501
113,751
(25,720)		 
continued...

Page 14

VENTNOR CRICKET CLUB LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2025

6.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
funds
£
RECONCILIATION OF FUNDS
Total funds brought forward
881,667
TOTAL FUNDS CARRIED FORWARD
855,347
7.
TANGIBLE FIXED ASSETS
Freehold
Freehold
Plant and
property
property
machinery
£
£
£
COST
At 1 November 2024
23,000
1,081,904
119,256
Additions
-
-
6,628
At 31 October 2025
23,000
1,081,904
125,884
DEPRECIATION
At 1 November 2024
-
300,215
85,408
Charge for year
-
21,639
5,600
At 31 October 2025
-
321,854
91,008
NET BOOK VALUE
At 31 October 2025
23,000
760,050
34,876
At 31 October 2024
23,000
781,689
33,848
8.
FIXED ASSET INVESTMENTS
MARKET VALUE
At 1 November 2024 and 31 October 2025
NET BOOK VALUE
At 31 October 2025
At 31 October 2024
There were no investment assets outside the UK.		 Restricted
funds
£
-
600
Motor
vehicles
£
20,935
-
20,935
13,160
4,187
17,347
3,588
7,775		 Total
funds
£
881,667
855,947
Totals
£
1,245,095
6,628
1,251,723
398,783
31,426
430,209
821,514
846,312
Shares in
group
undertakings
£
100
100
100		 Total
funds
£
881,667
855,947 
The company's investments at the balance sheet date in the share capital of companies include the following:

continued...

Page 15

VENTNOR CRICKET CLUB LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2025

8. FIXED ASSET INVESTMENTS - continued

Ventnor Cricket Club Trading Ltd

Registered office: Steephill Road, Ventnor, Isle of Wight, PO38 1UF
Nature of business: Bar and Shop
%
Class of share:
holding
Ordinary
100
Aggregate capital and reserves
Profit for the year
9.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
VAT
Accrued income
Prepayments
10.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other loans (see note 12)
Intercompany account
Accrued expenses
11.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Other loans (see note 12)
12.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
ECB loan < 1 year
Amounts falling between one and two years:
ECB loan 1-2 years
Amounts falling due between two and five years:
ECB loan 2-5 years		 31.10.25
£
7,759
17,957
2025
£
-
150
2,012
2,162
2025
£
3,749
199
2,661
6,609
2025
£
11,322
2025
£
3,749
3,939
7,383		 31.10.24
£
7,692
14,807
2024
£
26
108
1,956
2,090
2024
£
3,567
114
2,295
5,976
2024
£
15,070
2024
£
3,567
3,748
11,322		 
continued...

Page 16

VENTNOR CRICKET CLUB LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2025

13. MOVEMENT IN FUNDS

Net
At movement At
1.11.24 in funds 31.10.25
£ £ £
Unrestricted funds
General fund 74,288 4,899 79,187
Maintenance fund 5,000 - 5,000
Grant funded assets 769,643 (21,714) 747,929
JC Rogers trust fund 4,000 - 4,000
England and Wales Cricket Trust (loan) 2,416 (865) 1,551
855,347 (17,680) 837,667
Restricted funds
Wightaid Foundation (children 3-7 years old) 600 - 600
TOTAL FUNDS 855,947 (17,680) 838,267
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 113,070 (108,171) 4,899
Grant funded assets - (21,714) (21,714)
England and Wales Cricket Trust (loan) 1 (866) (865)
113,071 (130,751) (17,680)
TOTAL FUNDS 113,071 (130,751) (17,680)
Comparatives for movement in funds
Net Transfers
At movement between At
1.11.23 in funds funds 31.10.24
£ £ £ £
Unrestricted funds
General fund 79,117 (4,362) (467) 74,288
Maintenance fund 7,560 - (2,560) 5,000
Grant funded assets 791,357 (21,714) - 769,643
JC Rogers trust fund 3,633 - 367 4,000
England and Wales Cricket Trust (loan) - (244) 2,660 2,416
881,667 (26,320) - 855,347
Restricted funds
Wightaid Foundation (children 3-7 years old) - 600 - 600
TOTAL FUNDS 881,667 (25,720) - 855,947 
continued...

Page 17

VENTNOR CRICKET CLUB LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2025

13. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Grant funded assets
England and Wales Cricket Trust (loan)
Restricted funds
Wightaid Foundation (children 3-7 years old)
England and Wales Cricket Trust (LED lighting)
TOTAL FUNDS		 Incoming
resources
£
77,681
-
-
77,681
600
9,750
10,350
88,031		 Resources
Movement
expended
in funds
£
£
(82,043)
(4,362)
(21,714)
(21,714)
(244)
(244)
(104,001)
(26,320)
-
600
(9,750)
-
(9,750)
600
(113,751)
(25,720)		 
Maintenance Fund: Includes funds set aside by the trustees for the maintenance of the club's building and facilities.

GrantFundedAssets:Includesfundsmadeupofthenetbookvalueofassetsaquiredundergrantfunding provided
specificallyforthatpurpose.A largeproportionofthefund is madeup oftheclubhouse,withsomeadditional equipment
fundedmakinguptheremainder.Thefundmovementof£21,714reflectsthedepreciationchargedinrespectof grant
funded assets.

JC Rogers Trust Fund: Includes funds recieved as a legacy from Mr JC Rogers and set aside by the club for expenditure on  the
Colts, the club's under 16's team.

England and Wales Cricket Trust (loan):Includes funds set aside for the remainder of the notionalinterest on the loan taken
out in the previous year.

14. RELATED PARTY DISCLOSURES

The charity operates a trading subsidiary, Ventnor Cricket Club Trading Limited.Shares in the subsidiary are held in trust for
thecharitybycharitytrustees.Duringtheyearto31October2025thetradingsubsidiarygeneratedtaxableprofit of
£18,094(2024-£14,944),anddonated£17,890(2024-£19,000)tothecharity.At31October2025abalanceof £199
(2024 - £114) was owed from the charity to the trading subsidiary.

Page 18

VENTNOR CRICKET CLUB LIMITED

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2025

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Donation from Ventnor Cricket Club Trading Limited
Grants
Other trading activities
Fundraising events
Social events and match teas
Charitable activities
Subscriptions
Training, hall and net hire
Other income
Solar panel rebate
Total incoming resources
EXPENDITURE
Raising donations and legacies
Social events and match teas
Fundraising
Support costs
Other
Premises costs
Ground maintenance
Cost of activities
Travel
Bank charges
Administration costs
Independent examiners fee
Irrecoverable VAT
Legal fees
Depreciation of tangible fixed assets
Bank interest
Total resources expended
Net expenditure		 2025
£
18,866
17,890
900
37,656
49,176
50
49,226
9,608
15,257
24,865
1,324
113,071
-
31,108
31,108
36,343
8,393
13,992
1,656
76
3,086
2,128
1,677
-
31,426
866
99,643
130,751
(17,680)		 2024
£
26,318
19,000
10,350
55,668
12,097
-
12,097
7,972
11,149
19,121
1,145
88,031
200
1,050
1,250
47,856
9,858
9,903
4,404
104
785
1,751
6,078
400
31,118
244
112,501
113,751
(25,720)		 
This page does not form part of the statutory financial statements

Page 19