``` REGISTERED COMPANY NUMBER: 07625534 (England and Wales) REGISTERED CHARITY NUMBER: 1141973 ``` ## **`Report of the Trustees and`** ``` Unaudited Financial Statements for the Year Ended 30 September 2021 ``` ``` for ``` ## **`Ealing Cricket Club`** ``` Merchant & Co Chartered Certified Accountants 20 Exhibition House Addison Bridge Place London W14 8XP ``` ``` Ealing Cricket Club ``` ``` Contents of the Financial Statements for the Year Ended 30 September 2021 ``` ||**`Page`**| |---|---| |**`Reference and Administrative Details`**|`1`| |**`Report of the Trustees`**|`2 to 9`| |**`Independent Examiner's Report`**|`10`| |**`Statement of Financial Activities`**|`11`| |**`Balance Sheet`**|`12 to 13`| |**`Notes to the Financial Statements`**|`14 to 24`| |**`Detailed Statement of Financial Activities`**|`25 to 26`| ``` Ealing Cricket Club ``` ``` Reference and Administrative Details for the Year Ended 30 September 2021 ``` |**`TRUSTEES`**|`JC Poore President`| |---|---| ||`J C Grigg Secretary`| ||`R Fisher`| ||`V Patel`| ||`A P Scott Club Safeguarding Officer`| ||`M Turner`| ||`C R J Dewhurst`| ||`K C Martin`| ||`C W Wheeler`| ||`C Artis`| ||`M D Grafton Treasurer`| |**`REGISTERED OFFICE`**|`Corfton Road`| ||`Ealing`| ||`London`| ||`W5 2HS`| |**`REGISTERED COMPANY NUMBER`**|`07625534 (England and Wales)`| |**`REGISTERED CHARITY NUMBER`**|`1141973`| |**`INDEPENDENT EXAMINER`**|`Merchant & Co`| ||`Chartered Certified Accountants`| ||`20 Exhibition House`| ||`Addison Bridge Place`| ||`London`| ||`W14 8XP`| |**`BANKERS`**|`NatWest`| ||`1 The Mall`| ||`Ealing`| ||`London`| ||`W5 2PL`| ``` Page 1 ``` ``` Ealing Cricket Club ``` ``` Report of the Trustees ``` ``` for the Year Ended 30 September 2021 ``` ``` ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheir report withthefinancialstatementsofthecharityfortheyearended30September2021.Thetrusteeshaveadopted the provisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublic of Ireland (FRS 102) (effective 1 January 2019). ``` ``` Groupaccountsarenotrequiredasthiscompanyistheparentofasmallgroup.EalingCricketClubisa company limitedbyguarantee,governedbyitsMemorandumandArticlesofAssociation.TheClubisregisteredasa charity with the Charity Commission. ``` ## **`OBJECTIVES AND ACTIVITIES`** ## **`Objectives`** ``` As set out in the Articles of Association, the objects of Ealing Cricket Club are: ``` `1. to provide community participation in healthy recreation by providing facilities for playing cricket and other sports ("facilities" means land, building, equipment and organisation of cricketing or other sporting activities); and` `2. to advance the education of children and young people whether or not undergoing formal education.` ``` TheClubhasbeeninexistencesince1870and,inthattime,hasbecomean importantpartofourlocal community. We are a familyClub and this liesat the heartof our successboth on and off the playingfield.Fosteringthis sense of family involvement is the cornerstone of our efforts to promote cricket in our local community. ``` ``` TheTrusteesrecognisethat,followingtheClub'sconversiontobecomeacharity,theClub'svariousactivities must berunaccordingtothebestprinciplesofcorporategovernance.TheTrusteesbelievethatthecharity conversion has focusedour effortson achievingour twinobjectivesfor the benefitof our localcommunity.We continueto look to attract volunteers to strengthen our team to ensure we can deliver the best quality services. ``` ``` The Clubhas a fee-payingmembership,whichis concessionaryforspecificgroups,e.g.Juniors,and forothers where the paymentof feesmightbe an obstacleto theirparticipationin cricketactivitiesat the Club.The principallimit on thenumberof playingmembersat theClubhas historicallybeenthelackof facilitiesthatwehavehadavailable for our use.However,we expandedour playingfacilitiesin recentyearsand thishas allowedus to continueto grow our cricketing activities. ``` ``` Page 2 ``` ``` Ealing Cricket Club ``` ``` for the Year Ended 30 September 2021 ``` ## **`Report of the Trustees`** ## **`OBJECTIVES AND ACTIVITIES`** ## **`Charitable activities`** ``` Eachyear,theClubupdatesitsDevelopmentPlanaspartofitsClubmarkaccreditationwiththeEngland& Wales Cricket Board. This document summarises the activities that are planned to achieve our objectives. ``` ## `We are a club focused solely on cricket.` ``` In2021,despitetheongoingCOVID-19pandemic,wewereabletocompleteprettymuchafullseasonof cricket. Althoughthereweresomelimitationsonwhatwecoulddooffthefieldofplay,particularlyinthepavilion at Corfton Road, we again had a record number of members participating in our cricket activities. ``` ``` In SeniorCricket,ECChad sevenseniorMen'steamsplayingleaguecricketon Saturdays,witha full18 match fixture schedule.WeresumedourparticipationintheECBNationalClubChampionship,theECBNationalT20Cupand the ChessValleyLeagueandagainenteredtheMiddlesexCup,MiddlesexCricketBoardDevelopmentLeague,the ECB U19 NationalClubChampionshipand theMiddlesexWomen'sCricketLeague.Dueto thedemandfrommembers to play cricket, we organised friendly fixtures for our 6th XI on most weekends. ``` ``` OurJuniorCricketactivitieswereexpandedwithmorechildren,bothboysandgirls,playingcricketat theClub than everbefore.TheJuniorCricketsection,whichhadapproximately550membersin2021,agedbetween5and17 in 21juniorteams,issupportedbyseniorqualifiedprofessionalcoaches,ledbyourDirectorofCricket,Chad Barrett, andassistedbya largenumberofvolunteercoaches,mostlydrawnfromtheparentsoftheYouthCricketers. Many ofthevolunteercoachesundertakeECBsponsoredcoachingcoursesandsomegoontoLevel2courses.Our Girls' section is one of the largest in the country with over 100 girls. ``` ``` SeniorcricketisprovidedbytheClubacrossaspectrumofstandardsandcompetitivenessandisplayed by participantswitha widerangeof abilitylevels.It is alsoan integralpartof the continuumof youthdevelopment and participation. ``` ``` TheseniorMen'sandWomen'steamsoftenincludeasignificantnumberofJuniorCricketersgivingour younger players the opportunity to get exposure to more experienced cricketers and to play at a higher level. ``` ``` The Clubprovidesplayingopportunitiesforalllevelsof abilityalthoughallteamsareusuallyselectedon ability. This ensuresthatteamscontaintheskillsnecessary(forexample,bowling,batting,fieldingandwicket-keeping)and that playersplaycricketatalevelcommensuratetotheircompetencetoensuresafety.Selectionisbasedon the experienceand judgementof coachestakingintoaccounta numberof factorsincludingthebalanceof skills needed and player availability. When there are sufficient players available, the Club seeks to organise additional fixtures. ``` ``` Inrecentyears,wehavehighlightedtheneedfortheClubtoexpanditsplayingfacilitiestoallowittosatisfy the demand for cricket activities. ``` ``` OurmergerwithHanwellCricketClub,completedin2013,providedabadlyneededadditionalground, particularly forYouthCricketers.And,in2017,Popesfieldfinallybecamearealityafteralonggestationperiod.Popesfield has provedtobeahugesuccessbothasacentreofcricketexcellenceandasportsvenueforourlocalcommunity. In 2022, we expect that we will again need to hire additional playing facilities to cater for all of our planned activities. ``` ``` Coachingcoursesfor youngcricketerson Sundaysand throughoutthe schoolholidayscontinueto be run at the Club underourbrand,PremierCricketCoaching.Andinrecentyearswehaveexpandedourcomprehensive winter trainingprogrammeforourJuniorCricketers,whichhasagainbeenverypopular.Wealsorunindoor coaching courses during the winter during the October and February half term breaks and during the Christmas holidays. ``` ``` Page 3 ``` ``` Ealing Cricket Club ``` ``` Report of the Trustees ``` ``` for the Year Ended 30 September 2021 ``` ## **`OBJECTIVES AND ACTIVITIES`** ``` TheClubisactivelyengagedwitha numberoflocalschoolswhereweareassistingthedevelopmentofcricket with theschools.WealsohostKwikCricketcompetitionsrunonbehalfofActiveEaling,SchoolsSportsPartnerships and othercompetitionsonbehalfofMiddlesexCricketandtheMiddlesexJuniorCricketAssociationandare continuing to work closely with Active Ealing and others promoting cricket in our local community. ``` ## **`Public benefit`** ``` The Trustees have complied with the duty in Section 17 of the Charities Act 2011 to have due regard to guidance publishedby The CharityCommission,includingpublicbenefitguidanceand havetakenit intoaccountin all decision making. ``` ## **`ACHIEVEMENT AND PERFORMANCE`** ## **`Charitable activities`** ``` 2021 was another successful year for our teams. ``` ``` In SeniorCricket,our 1st XI, finisheda disappointing7th in the MiddlesexCountyCricketPremierLeague,but we did wintheMiddlesexT20CupandhadasuccessfulrunintheECBNationalClubChampionship,beingbeaten by Weybridgeinthelast16.The2ndXIfinished2ndintheirdivisionandthe3rdXIandEalingHanwellians2nd XI finished3rd in theirrespectivedivisions.Our Women's1st XI, playingin Division1 of the MiddlesexCricket Women's League, against some very strong opposition, had a somewhat disappointing season, but still managed to finish 4th. ``` ``` InJuniorCricket,weagainhadastellarseasoncontinuingtheexcellentresultsseeninrecentyears.The highlights weretheU11BoyswhowonboththeCountyU11LeaguechampionshipandtheU11CountyCupandtheU17 Boys andU10GirlswinningtheirrespectiveCountyLeaguetitles.ButmostofourBoysandGirlsteamswontheir local ArealeaguesandqualifiedfortheCounty-widestagesoftheircompetitions.TheculminationwastheClub being awarded the Victor Ludorum trophy as the Champion Junior Club in Middlesex. ``` ``` InadditiontotheMiddlesexJuniorCricketAssociationcompetitions,theinternalInterFranchiseLeague (IFL) launchedin 2019 was againexpandedin 2021, includinga Girlsteamat each of the threeage groups,and providing additionalplayingopportunitiesforourJuniormembers.WealsohadahugelysuccessfulIFLFestival, celebrating the Club's 150th anniversary. ``` ``` AlargenumberofBoysandGirlsparticipateintheMiddlesexCricketplayerpathwayandwebelievethatwe now have a higher number of children playing County Age Group cricket than any other Club in Middlesex. ``` ``` Thecontinuedsuccessofourjuniorteamsandplayersisextremelypleasingandagreatcredittoour brilliant coaches, many of whom are volunteers. ``` ``` 2021sawthenumberofYoungCricketersattheClubincreaseagainwitharound550Juniormembers.We have investedinourcoachinginfrastructureattheClubwiththerecruitmentofaSeniorCricketDevelopment Manager andaHeadofJuniorParticipationandCommunityDevelopmentandwearecurrentlylookingat further appointmentstoensurethatwecancontinuetodeliverexcellentcricketactivitiestoaneverincreasingnumber of players, both Senior and Juniors. ``` ``` Withtheincreaseincricketactivities,wehaveinvestedfurtherinourplayingfacilities.In2020/21winter, we investedsignificantlytoimprovetheoutfieldofourgroundatCorftonRoadandinthecurrentwinterwe have replacedandexpandedournetsat CorftonRoad,so wenowhavea stateoftheart8 lanenetsfacility.Weare also planningtoinstallthreehybridpitchesinthecricketsquareatCorftonRoad.Whilemuchofthisinvestment has beenandwillcontinuetobefundedfromtheClub'sreserves,wehadasuccessfulfundraisingcampaignin which over £60,000 was raised to supplement the funds provided by the Club for our new nets. ``` ``` Wecontinuetolookforopportunitiestoimproveandexpandourfacilitiesandweexpecttoannounce further improvements in the short to medium term. ``` ``` Page 4 ``` ``` Ealing Cricket Club ``` ``` Report of the Trustees for the Year Ended 30 September 2021 ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` Thecharityis controlledby itsMemorandumandArticlesof Association,andconstitutesa limitedcompany, limited by guarantee, as defined by the Companies Act 2006. ``` ``` ThecompanyisthesolememberofEalingCricket&SocialClubLimited,alimitedliabilitycompany,registered in England,underregisterednumber7721549.This subsidiarycompanywas incorporatedon 28 July 2011 and provides functionsandsocialfacilitiestofee-payingmembers.Itpreparesitsfinancialstatementsto30September and donates the whole of its taxable profit to Ealing Cricket Club. ``` ``` EalingCricket&SocialClubLimitedisthesolememberofPremierCricketCoachingLimited,alimited liability company,registeredinEnglandunderregisterednumber9951849.PremierCricketCoachingLimited was incorporatedon14January2016andrunscricketcoachingcoursesandsupportsEalingCricketClub.Itprepares its financial statements to 30 September and donates the whole of its trading profit to Ealing Cricket Club. ``` ``` The financialstatementshave beenpreparedin accordancewiththe specialprovisionsrelatingto companies subject to the small companies regime within Part 15 of the Companies Act 2006 (s.419(2)). ``` ``` Page 5 ``` ``` Ealing Cricket Club ``` ``` for the Year Ended 30 September 2021 ``` ## **`Report of the Trustees`** ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Recruitment and appointment of new trustees`** ``` Thecompany'sArticlesofAssociationrequirethattherebeatleastthreeTrusteesandamaximumof twelve Trustees (Article 25). ``` ``` AnypersonwhoiswillingtoactasaTrusteemaybeappointedTrusteebyordinaryresolutionoradecisionof the Trustees (Article 26), provided they have reached the age of 18 years, and unless disqualified under Article 27. ``` ``` Onethirdof the Trusteeswho aresubjectto retirementby rotation,or the nearestnumberto one third,must retire fromofficeateachannualgeneralmeeting,plusanyTrusteeswhohavebeenappointedbytheTrusteessince the lastAnnualGeneralMeeting.Thosetoretirebyrotationarethosewhohavebeenthelongestinofficesince their last appointment or reappointment. ``` ``` Otherappointeesas TrusteesmustberecommendedbytheTrusteesandthencomplywiththenoticesrequired by Articles 26.7.2 and 26.8. ``` ``` Therearecurrently11Trusteesofwhom,CharlesDewhurst,KristianMartin,ColinWheelerandMarkGrafton were re-elected at the 2021 Annual General Meeting ('2021 AGM'). ``` ``` JohnPoorehasbeenPresidentofEalingCricketClubsince1996andhasoverseenanunprecedentedperiod of successanddevelopmentattheClub,JohnservedontheCommitteeformanyyearspriortohisappointment as PresidentandwascaptainoftheClubintwoseparatestintsfrom1978to1980andfrom1984to1986.John has decided,withtheClub's150thanniversarycelebrationscomingtoa closeatourmanytimespostponedLong Room dinnerat Lord'son 18 March2022, thathe is goingto retireat the forthcomingAGM('2022AGM').John'sservice to EalingCricketClubcannotbeadequatelydescribedinwordsanditisfittingthatso manymembers,including many peoplewhoJohnplayedwithandhavebeeninvolvedinrunningtheClubforsomanyyears,willbeatLord's next month and I am sure that appropriate tributes to John will made on that evening and at the 2022 AGM. ``` ``` John's impending retirement has led to a re-consideration by the Trustees of the structure of the Board of Trustees. ``` ``` A numberof changesare beingmadeas a result.The Trusteesbelievethat, as happensat manyotherClubs,the role asPresidentshouldnowbesplitintotwo,withBobFisherbeingappointedasPresidentandJamesGrigg becoming Chair of Trustees and assuming all of John's current executive responsibilities. ``` ``` ThischangewillrequiresomeamendmentstotheClub'sArticlesofAssociationandthesewillbeproposedat the 2022 AGM. ``` ``` Inaddition,witha numberofothercurrentTrusteeswishingtostepdown,thenumberofTrusteeswillbe reduced andeachremainingTrusteewillhaveanareaofactivity,forwhichtheywillhavea responsibilitytooverseeand to report back to the Board of Trustees on a regular basis. ``` ``` In addition to John Poore, the following Trustees will retire at the 2022 AGM and will not be seeking re-election: ``` ``` AndyScott,whoistheClub'sSafeguardingOfficerandFixturesSecretary,hasalsobeenaverylongserving servant oftheClub,bothas1stXIcaptainfrom1987to1989andasamemberoftheCommitteeandsubsequentlyas a Trustee. ``` ``` CharlesDewhurstwhowas a playerat theClubandsubsequentlya highlysuccessfulAgeGroupManager,with both of Charles' sons being excellent Junior players at the Club. ``` ``` VikramPatelwhowasChairmanofHanwellCricketClubatthetimeofthemergerbetweenEalingCCand Hanwell CCin2013andbecameaTrusteeatthattime.VikramwasalongtermplayeratHanwellCCandalsoamember of their Committee for a considerable period. ``` ``` Page 6 ``` ``` Ealing Cricket Club ``` ``` Report of the Trustees ``` ``` for the Year Ended 30 September 2021 ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ``` Andy,CharlesandVikramhaveallmadesubstantialcontributionstoourCluboveralongperiodoftimeand the Trustees wish to express their gratitude for their service to the Club. ``` ``` AsAndyScottistheClubSafeguardingOfficeranditisarequirementofourArticlesofAssociationthatthe Club's SafeguardingOfficermustbeaTrustee,ithasbeendecidedtoappointPennyLewisasaTrusteeasfrom the commencementofthe2022AGM.PennyisalreadyactivelyinvolvedintheClubasaJuniorparentandasa Junior AgeGroupManager.Penny,whoiscurrentlyDeputyClubSafeguardingOfficer,willassumetheroleof Club Safeguarding Officer as from the time of the 2022 AGM. ``` ``` Following the 2022 AGM, The Trustees will then be comprised as follows: ``` ``` Bob Fisher - President James Grigg - Chair of Trustees Mark Grafton - Treasurer Caroline Artis Penny Lewis Kristian Martin Martin Turner Colin Wheeler ``` ``` As requiredby theArticlesof Association,PennyLewis,havingbeenappointedsincethelastAGM,offersherself for re-electionatthe2022AGM.Inaddition,CarolineArtisandMartinTurnerwillretirebyrotationatthe2022 AGM and will also offer themselves for re-election. ``` ``` TheTrusteesmeetaroundsixtimesperyeartoreviewtheClub'sperformanceandensuretheClub'sstrategy to meetitsobjectivesisbeingimplemented.TheTrusteesaresupportedbyanumberoffulltimeandpart time professionalstaffwhodelivertheClub'scoreactivitiesandprovidesupportforthelargenumberofvolunteers that the Club is fortunate to have. ``` ## **`Risk management`** ``` TheTrusteeshavea dutytoidentifyandreviewtheriskstowhichthecharityisexposedandtoensure appropriate controlsareinplacetoprovidereasonableassuranceagainstfraudanderror.TheTrusteesmonitorthe financial performanceandcontrolcloselyandreceiveregularreportsonvariousaspectsoftheClub'sactivities. Financial controlsystemshavebeenimplementedandthesearesubjectto ongoingreviewandimprovement.Health, safety and insurance reviews are undertaken at least annually. ``` ``` ChildwelfareishighpriorityfortheClubandClubmarkaccreditationreflectsthegoodpracticesthatwe have implemented to ensure that all aspects of youth cricket at our Club are undertaken in a safe and effective manner. ``` ``` Page 7 ``` ``` Ealing Cricket Club ``` ``` for the Year Ended 30 September 2021 ``` ## **`Report of the Trustees`** ## **`FINANCIAL REVIEW`** ``` Duringtheyearended30September2021,TotalIncomingResourceswere£345,172(2020:£262,240), Total ResourcesExpendedwere£280,507(2020:£201,340)andarealisedgainof£57(2020:£nil)leavingNet Incoming Resourcesof£64,665(2020:£60,900).Therewasanunrealisedgainoninvestmentof£32,997in2021(2020: loss £193), ``` ``` ActivitiesforGeneratingFundsof£89,475(2020:£94,819)comprisedSponsorshipandGroundRental income. Sponsorshiprevenueof£25,284(2020:£23,860)wasconsistentwith2019/20.GroundRentalof£64,191 (2020: £70,959)wasprimarilythefundsreceivedfortheuseofthegrounds,andincludesthehireofPopesfieldand the paymentsmadebytheClub'swhollyownedsubsidiaries,EalingCricket&SocialClubLimitedandPremier Cricket Coaching Limited, for the use of the facilities owned by the Club. ``` ``` Followingthesaleofourinvestmentpropertyin2019/20,therewasnoInvestmentIncomeinthecurrent financial year, (2020: £nil). ``` ``` Donationsandlegaciesamountedto£64,004(2020:£42,792).Thiscomprisedexternaldonationsandgrants of £4,061 (2020: £7,683) and payments received from subsidiaries of £59,943 (2020: £35,109). ``` ``` As in 2020,therewas no donationmadeby EalingCricket& SocialClubLimited,theClub'swhollyowned subsidiary, asithaslossesbroughtforward.However,PremierCricketCoachingLimited,anindirectlywhollyowned subsidiary of the Club, donated all of its profits for the year (£59,943) to Ealing Cricket Club. ``` ``` Incoming Resources from Charitable Activities of £115,759 (2020: £88,506) were primarily members' subscriptions. ``` ``` TheClubreceived£75,913(2020:£36,053)inGovernmentgrantsandfurloughclaimsrelatedtothe Covid-19 pandemic. ``` ``` TheprincipalelementsofResourcesExpendedonCharitableActivities£280,507(2020:£201,340)were Match, Cricket& Coachingcosts£46,776(2020:£29,191),Salaries£131,098(2020:£105,529)andGroundExpenses £57,079 (2020:£33,172).Cricket& coachingcosts beinghigherdue to a fullseasonof cricketbeingplayedand the sizeof the Juniorsectionagainbeingexpanded.Highersalariesreflectedtheadditionalemployeesrecruitedtobolster our cricket resources. And Ground expenses included the replacement of the engine in the roller at Corfton Road. ``` ``` TheClubhadcashreservesasat30September2021of£284,597(2020:£513,404)andinvestmentsof £382,953 (2020:£70,287).Inaddition,EalingCricket&SocialClubLimited,which,asat30September2021,owedthe Club £169,865 (2020: £152,827) and had cash reserves of £124,275 (2020: £126,048). ``` ``` Theproceedsfromthesaleoftheinvestmentpropertyin2019increasedsignificantlytheamountofcash reserves heldby the Club.As notedabove,the Club has commenceda groundinvestmentprogramme(CRGIP)to improve the playingfacilitiesat ourmaingroundin CorftonRoad,whichis likelyto requirea substantialinvestmentfunded from theClub'sreserves.Thebalanceofreserveswillbeusedinthemediumtolongertermtosupportthe Club's activitiesandtoensurethatwecontinuetomeetourcharitableobjectivesintothefuture.Inthisregard, the Trusteeshave establisheda developmentsub committeeto lookat the futuredevelopmentneedsof the Club and to seektoensurethatweare'futureproofed'.ThereservesavailabletotheClubwillbeavailabletoprovide support for any strategic initiatives that emerge from the development sub committee's work. ``` ``` TheTrusteeshaveconsideredhowthecashreservesretainedshouldbeinvestedforthebenefitoftheClub. An investmentsub-committee,comprisedof James Grigg,MarkGrafton,MartinTurnerand VikramPatel,was convened to considerthe bestapproach.All4 membersof the investmentsub-committeehavesignificantrelevant experience in the investment of funds. ``` ``` The Trustees agreed with the investment sub-committee's recommendations, which were as follows: ``` ``` Page 8 ``` ``` Ealing Cricket Club ``` ``` Report of the Trustees for the Year Ended 30 September 2021 ``` ``` - Approximatelytwo thirdsof the Club'scashreservesthatarenot requiredforthe purposesof the CRGIPshould be invested in an investment portfolio ``` ``` -Theinvestmentobjectivesoftheportfolioshouldbetohaveaconservativeapproachseekingacombination of capitalgrowthandincomeoverthemediumterminamoderateriskenvironmentfromadiversifiedportfolio with reasonable liquidity. ``` ``` -TheClub'sobjectivesinthecurrentenvironmentwouldbebestmetbyaportfoliocomprisingequity based investmentswithalimitedexposuretofixedincomeinvestments.Inthiscontext,approximately70%of the investmentportfoliowouldbeallocatedtoinvestmentsinindexfundslinkedtothemajorglobalmarkets,with an 80%exposuretoequitybasedinvestmentsanda20%exposuretofixedincomeinvestments,withthe balance investedwithactivefundmanagers,whohaveanexceptionalrecord,providingexposuretohighquality businesses with strong competitive positions, conservative leverage and attractive growth prospects. ``` ``` - The funds be invested in the portfolio gradually over a period of around 10 months ``` ``` Inreachingtheinvestmentsub-committee'srecommendations,financialadvicewassoughtfrom1st Financial Limited,anIndependentFinancialAdviserregisteredwiththeFinancialConductAuthority.Itshouldbenoted that 1stFinancialLimitedisacompanyassociatedwithVikramPatel,whoisalsoaTrustee.TheTrustees considered whetherreceivingfinancialadvicefrom1stFinancialLimitedmightrepresentaconflictofinterest.The Trustees concludedthat, as 1st FinancialLimitedwas not charginga fee for providingadviceto the Club, therewas no conflict of interest that was of concern. ``` ``` TheprogrammeofinvestmentintheportfoliocommencedinAugust2020andwascompletedinJune2021. The investmentsub-committeecontinuesto monitorthe performanceof the portfolioand the allocationof assets within the portfolio and may recommend changes to the Trustees in the future. ``` ``` TheTrusteeshavedueregardtoguidancepublishedbytheCharityCommission,includingthatrelatingto public benefit in compliance with the duty in section 17(5) of the 2011 Charities Act. ``` ``` ThisreporthasbeenpreparedinaccordancewiththespecialprovisionsofPart15oftheCompaniesAct 2006 relating to small companies. ``` ``` Approved by order of the board of trustees on 28 February 2022 and signed on its behalf by: ``` ``` J C Grigg - Trustee ``` ``` Page 9 ``` ``` Independent Examiner's Report to the Trustees of Ealing Cricket Club ``` ## **`Independent examiner's report to the trustees of Ealing Cricket Club ('the Company')`** ``` IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended 30 September 2021. ``` ## **`Responsibilities and basis of report`** ``` As the charity'strusteesof the Company(and also its directorsfor the purposesof companylaw)you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). ``` ``` HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16ofthe 2006 Act and are eligiblefor independentexamination,I reportin respectof my examinationof yourcharity'saccounts as carriedoutundersection145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationI have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. ``` ## **`Independent examiner's statement`** ``` Sinceyourcharity'sgrossincomeexceeded£250,000yourexaminermustbeamemberofalistedbody.I can confirmthat I am qualifiedto undertakethe examinationbecauseI am a registeredmemberof ACCA whichis one of the listed bodies. ``` ``` Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwith 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)).` ``` Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhich attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ``` ``` Ketan Ramesh Patel FCCA ACCA Merchant & Co 20 Exhibition House Addison Bridge Place London W14 8XP ``` ``` Date: ............................................. ``` ``` Page 10 ``` ``` Ealing Cricket Club ``` ## **`Statement of Financial Activities`** ## **`for the Year Ended 30 September 2021`** |`Unrestricted`
`fund`
`Notes`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`2`
**`62,178`**
**`Charitable activities`**
`Cricket`
**`115,759`**
`Other trading activities`
`3`
**`89,475`**
`Investment income`
`4`
**`21`**
`Other income`
`5`
**`75,913`**
**`Total`**
**`343,346`**
**`EXPENDITURE ON`**
**`Charitable activities`**
`6`
`Cricket`
**`279,365`**
`Net gains/(losses) on investments`
**`33,054`**
**`NET INCOME`**
**`97,035`**
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
**`826,031`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`923,066`**|`Restricted`
`funds`
`£`
**`1,826`**
**`-`**
**`-`**
**`-`**
**`-`**
**`1,826`**
**`1,142`**
**`-`**
**`684`**
**`-`**
**`684`**|**`2021`**
**`Total`**
**`funds`**
**`£`**
**`64,004`**
**`115,759`**
**`89,475`**
**`21`**
**`75,913`**
**`345,172`**
**`280,507`**
**`33,054`**
**`97,719`**
**`826,031`**
**`923,750`**|`2020`
`Total`
`funds`
`£`
`42,792`
`88,506`
`94,819`
`70`
`36,053`
`262,240`
`201,340`
`(193)`
`60,707`
`765,324`
`826,031`| |---|---|---|---| ## **`CONTINUING OPERATIONS`** ``` All income and expenditure has arisen from continuing activities. ``` ``` The notes form part of these financial statements ``` ``` Page 11 ``` ``` Ealing Cricket Club ``` ## **`Balance Sheet`** ## **`30 September 2021`** |`Notes`
**`FIXED ASSETS`**
`Tangible assets`
`12`
`Investments`
`13`
**`CURRENT ASSETS`**
`Debtors`
`14`
`Cash at bank`
**`CREDITORS`**
`Amounts falling due within one year`
`15`
**`NET CURRENT ASSETS`**
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
**`NET ASSETS`**
**`FUNDS`**
`16`
`Unrestricted funds`
`Restricted funds`
**`TOTAL FUNDS`**|`Unrestricted`
`fund`
`£`
**`196,124`**
**`382,953`**
**`579,077`**
**`219,552`**
**`284,597`**
**`504,149`**
**`(160,160)`**
**`343,989`**
**`923,066`**
**`923,066`**|`Restricted`
`funds`
`£`
**`684`**
**`-`**
**`684`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`684`**
**`684`**|**`2021`**
**`Total`**
**`funds`**
**`£`**
**`196,808`**
**`382,953`**
**`579,761`**
**`219,552`**
**`284,597`**
**`504,149`**
**`(160,160)`**
**`343,989`**
**`923,750`**
**`923,750`**
**`923,066`**
**`684`**
**`923,750`**|`2020`
`Total`
`funds`
`£`
`161,355`
`70,287`
`231,642`
`194,017`
`513,404`
`707,421`
`(113,032)`
`594,389`
`826,031`
`826,031`
`826,031`
`-`
`826,031`| |---|---|---|---|---| ``` ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006for the year ended 30 September 2021. ``` ``` Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended 30 September 2021 in accordance with Section 476 of the Companies Act 2006. ``` ``` The trustees acknowledge their responsibilities for ``` - `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and` - `(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.` ``` The notes form part of these financial statements ``` ``` continued... ``` ``` Page 12 ``` ``` Ealing Cricket Club ``` ``` Balance Sheet - continued ``` ``` 30 September 2021 ``` ``` Thesefinancialstatementshave beenpreparedin accordancewiththe provisionsapplicableto charitable companies subject to the small companies regime. ``` ``` Thefinancialstatementswereapprovedby theBoardof Trusteesandauthorisedforissueon 28 February2022 and were signed on its behalf by: ``` ``` J C Grigg - Trustee ``` ``` The notes form part of these financial statements ``` ``` Page 13 ``` ``` Ealing Cricket Club ``` ``` Notes to the Financial Statements for the Year Ended 30 September 2021 ``` ## **`1. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` The financialstatementsof the charitablecompany,whichis a publicbenefitentityunderFRS 102, have been preparedin accordancewiththeCharitiesSORP(FRS102)'AccountingandReportingby Charities: Statement ofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial ReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective1January 2019)', FinancialReportingStandard102'TheFinancialReportingStandardapplicableintheUKandRepublic of Ireland'andtheCompaniesAct2006.Thefinancialstatementshavebeenpreparedunderthehistorical cost convention,withtheexceptionofinvestmentswhichareincludedatmarketvalue,asmodifiedby the revaluation of certain assets. ``` ## **`Income`** ``` All incomeis recognisedin the Statementof FinancialActivitiesoncethe charityhas entitlementto the funds, it is probable that the income will be received and the amount can be measured reliably. ``` ## **`Expenditure`** ``` Liabilitiesarerecognisedas expenditureas soonas thereisa legalorconstructiveobligationcommitting the charitytothatexpenditure,itisprobablethata transferofeconomicbenefitswillberequiredin settlement and the amountof the obligationcan be measuredreliably.Expenditureis accountedfor on an accruals basis and has beenclassifiedunderheadingsthat aggregateall cost relatedto the category.Wherecosts cannot be directlyattributedto particularheadingstheyhavebeenallocatedto activitieson a basisconsistentwith the use of resources. ``` ``` Expenditure is stated excluding Value Added Tax. ``` ## **`Tangible fixed assets`** ``` Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetoverits estimated useful life. ``` |`Freehold property`|`- not provided`| |---|---| |`Long leasehold property`|`- term of the lease`| |`Plant and machinery`|`- 25% on reducing balance`| |`Fixtures and fittings`|`- 25% on reducing balance`| ``` The cost of freehold property relates to land which is not depreciated. ``` ## **`Taxation`** ``` The charity is exempt from corporation tax on its charitable activities. ``` ## **`Fund accounting`** ``` Unrestrictedfundscanbe usedin accordancewiththecharitableobjectivesat thediscretionof the trustees. Restrictedfundsaretobeusedforspecifiedpurposeslaiddownbythedonor/grantingbody.The restricted fund is the Popesfield funding scheme. ``` ``` Group accounts are not required as this company is part of a small group. ``` ## **`Pension costs and other post-retirement benefits`** ``` Thecharitablecompanyhasintroducedadefinedcontributionpensionscheme.Since1August2016, three employees have enrolled and the employees as well as the company have paid contributions. ``` ``` The charitablecompanycontinuesto makecontributionsto a pensionplanestablishedforthebenefitof one ofthecompany'semployees.ThesecontributionsarechargedtotheStatementofFinancialActivitiesin the period to which they relate. ``` ``` continued... ``` ``` Page 14 ``` ``` Ealing Cricket Club ``` ``` Notes to the Financial Statements - continued for the Year Ended 30 September 2021 ``` ## **`1. ACCOUNTING POLICIES - continued`** ## **`Debtors`** ``` Basicfinancialassets,includingtradeandotherdebtors,areinitiallyrecognisedattransactionprice, unless thearrangementconstitutesa financingtransaction,wherethetransactionismeasuredat thepresent value ofthefuturereceiptsdiscountedatamarketrateofinterest.Suchassetsaresubsequentlycarried at amortised cost using the effective interest method, less any impairment. ``` ## **`Cash and cash equivalents`** ``` Cashandcashequivalentsarerepresentedbycashinhand,depositsheldatcallwithfinancial institutions, andothershort-termhighlyliquidinvestmentsthatmatureinnomorethanthreemonthsfromthedate of acquisitionandthatarereadilyconvertibletoknownamountsofcashwithinsignificantriskofchange in value. ``` ## **`Creditors`** ``` Basicfinancialliabilities,includingtradeandothercreditors,loansfromthirdpartiesandloansfrom related parties,areinitiallyrecognisedattransactionprice,unlessthearrangementconstitutesa financing transaction,wherethedebtinstrumentismeasuredatthepresentvalueofthefuturepayments discounted ata marketrateofinterest.Suchinstrumentsaresubsequentlycarriedatamortisedcostusingthe effective interest method, less any impairment. ``` ## **`Going concern`** ``` Thefinancialstatementshavebeenpreparedonthebasisofgoingconcern.Thereareno material uncertainties regarding going concern. ``` ## **`Investments`** ``` Investmentsarestatedatmarketvalueattheyearend.Allgainsandlossesoninvestmentsarereflected in the Statement of Financial Activities as they arise. ``` ## **`2. DONATIONS AND LEGACIES`** |`Donations`
`Donation from subsidiary`|**`2021`**
**`£`**
**`4,061`**
**`59,943`**
**`64,004`**|`2020`
`£`
`7,683`
`35,109`| |---|---|---| |||`42,792`| ``` continued... ``` ``` Page 15 ``` ``` Ealing Cricket Club ``` ``` Notes to the Financial Statements - continued ``` ## **`for the Year Ended 30 September 2021`** ## **`3. OTHER TRADING ACTIVITIES`** |`Sponsorships`
`Ground rental income`
**`4.`**
**`INVESTMENT INCOME`**
`Interest receivable - trading`
**`5.`**
**`OTHER INCOME`**
`Government grants & subsidies`|**`2021`**
**`£`**
**`25,284`**
**`64,191`**
**`89,475`**
**`2021`**
**`£`**
**`21`**
**`2021`**
**`£`**
**`75,913`**|`2020`
`£`
`23,860`
`70,959`| |---|---|---| |||`94,819`| |||`2020`
`£`
`70`
`2020`
`£`
`36,053`| ``` Government grants & subsidies ``` ``` Duringtheyearended30September2021,theClubreceived£57,880ofGovernmentgrantsasaresult of the Covid-19 pandemic and £18,033 from the Coronavirus Job Retention Scheme. ``` ## **`6. CHARITABLE ACTIVITIES COSTS`** |**`CHARITABLE ACTIVITIES COSTS`**|||| |---|---|---|---| ||`Direct`|`Support`|| ||`Costs`|`costs`|`Totals`| ||`£`|`£`|`£`| |`Cricket`|**`276,127`**|**`4,380`**|**`280,507`**| ## **`7. NET INCOME/(EXPENDITURE)`** ``` Net income/(expenditure) is stated after charging/(crediting): ``` ||**`2021`**|`2020`| |---|---|---| ||**`£`**|`£`| |`Depreciation - owned assets`|**`13,853`**|`14,720`| ``` continued... ``` ``` Page 16 ``` ``` Ealing Cricket Club ``` ``` Notes to the Financial Statements - continued for the Year Ended 30 September 2021 ``` ## **`8. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Inaddition,KristianMartinwaspaidbytheClub'swhollyownedsubsidiary,EalingCricket&Social Club Limited ('ECSC') for work as a barman by ECSC, £194 (2020: £4,620) ``` ``` Inpastyears,KristianMartinhadbeenpaidby theClub'swhollyownedsubsidiary,PremierCricket Coaching Ltd('PCC')forworkasacricketcoach.However,KristianMartinwasnotpaidbyPCCforworkasa cricket coach in the current or previous financial year. ``` ``` Kristian Martin was not paid for acting as a Trustee. ``` ``` The arrangementswithKristianMartinoutlinedabovewereapprovedby the Trusteesand weresubjectto an agreement entered into between the Club and Kristian Martin. ``` ``` The TrusteesnotedthatECSCneedsto employreliableand responsiblestaffto workas partof theClub's bar activitiesandtheClubManagerindicatedthathavingtheflexibilitytoemployKristianMartinaspartof the bar team was important. ``` ``` Aftercarefulconsideration,the Trusteesconcludedthat the paymentsmadein the yearended30 September 2021 to Kristian Martin were in the best interests of the Club and were reasonable. ``` ``` It shouldbe notedthatKristianMartindidnotparticipatein anyconsiderationof thesearrangementsby the TrusteesandthatthepaymentsmadetoKristianMartinarenotprohibitedbytheClub'sMemorandum and Articles of Association. ``` ``` Otherthanas disclosedabove,therewereno trustees'remunerationor otherbenefitsforthe yearended 30 September 2021 nor for the year ended 30 September 2020. ``` ## **`Trustees' expenses`** ``` Therewerenotrustees'expensespaidfortheyearended30September2021norfortheyear ended 30 September 2020. ``` ## **`9. STAFF COSTS`** |**`STAFF COSTS`**||| |---|---|---| |`Wages and salaries`
`Social security costs`
`Other pension costs`|**`2021`**
**`£`**
**`115,980`**
**`8,895`**
**`6,223`**
**`131,098`**|`2020`
`£`
`92,427`
`7,114`
`5,988`| |||`105,529`| ``` The average monthly number of employees during the year was as follows: ``` |`Groundstaff`
`Management and administration`
`Cricket activities`|**`2021`**
**`1`**
**`1`**
**`2`**
**`4`**|`2020`
`1`
`1`
`1`| |---|---|---| |||`3`| ``` continued... ``` ``` Page 17 ``` ``` Ealing Cricket Club ``` ``` Notes to the Financial Statements - continued for the Year Ended 30 September 2021 ``` ## **`9. STAFF COSTS - continued`** ``` No employees received emoluments in excess of £60,000. ``` ## **`10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`** |`Unrestricted`
`fund`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`42,792`
**`Charitable activities`**
`Cricket`
`88,506`
`Other trading activities`
`94,819`
`Investment income`
`70`
`Other income`
`36,053`
**`Total`**
`262,240`
**`EXPENDITURE ON`**
**`Charitable activities`**
`Cricket`
`201,340`
`Net gains/(losses) on investments`
`(193)`
**`NET INCOME`**
`60,707`
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
`765,324`
**`TOTAL FUNDS CARRIED FORWARD`**
`826,031`|`Restricted`
`funds`
`£`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`|`Total`
`funds`
`£`
`42,792`
`88,506`
`94,819`
`70`
`36,053`
`262,240`
`201,340`
`(193)`
`60,707`
`765,324`
`826,031`| |---|---|---| ## **`11. CORPORATION TAX`** ``` Thecharityisexemptfromtaxonincomeandgainsfallingwithinsection505oftheTaxesAct1988 or section252 of the Taxationof ChargeableGainsAct 1992 to the extentthat theseare appliedto its charitable objects. ``` ``` continued... ``` ``` Page 18 ``` ``` Ealing Cricket Club ``` ``` Notes to the Financial Statements - continued for the Year Ended 30 September 2021 ``` ## **`12. TANGIBLE FIXED ASSETS`** |**`COST`**
`At 1 October 2020`
`Additions`
`At 30 September 2021`
**`DEPRECIATION`**
`At 1 October 2020`
`Charge for year`
`At 30 September 2021`
**`NET BOOK VALUE`**
`At 30 September 2021`
`At 30 September 2020`|`Freehold`
`property`
`£`
**`54,686`**
**`-`**
**`54,686`**
**`-`**
**`-`**
**`-`**
**`54,686`**
`54,686`|`Long`
`leasehold`
`property`
`£`
**`80,000`**
**`42,060`**
**`122,060`**
**`8,267`**
**`4,142`**
**`12,409`**
**`109,651`**
`71,733`|`Plant and`
`machinery`
`£`
**`28,358`**
**`5,700`**
**`34,058`**
**`20,203`**
**`2,870`**
**`23,073`**
**`10,985`**
`8,155`|`Fixtures`
`and`
`fittings`
`£`
**`83,467`**
**`1,546`**
**`85,013`**
**`56,686`**
**`6,841`**
**`63,527`**
**`21,486`**
`26,781`|`Totals`
`£`
**`246,511`**
**`49,306`**| |---|---|---|---|---|---| ||||||**`295,817`**| ||||||**`85,156`**
**`13,853`**| ||||||**`99,009`**| ||||||**`196,808`**| ||||||`161,355`| ``` The cost of freehold property relates to the cost of land, which is not depreciated. ``` ## **`13. FIXED ASSET INVESTMENTS`** |`Shares`
`Cash held in Transact`|**`2021`**
**`£`**
**`374,807`**
**`8,146`**
**`382,953`**|`2020`
`£`
`34,790`
`35,497`| |---|---|---| |||`70,287`| ``` Additional information as follows: ``` |`Shares in`
`group`
`Listed`
`undertakings`
`investments`
`£`
`£`
**`MARKET VALUE`**
`At 1 October 2020`
**`1`**
**`34,789`**
`Additions`
**`-`**
**`307,739`**
`Disposals`
**`-`**
**`57`**
`Revaluations`
**`-`**
**`32,221`**
`At 30 September 2021`
**`1`**
**`374,806`**
**`NET BOOK VALUE`**
`At 30 September 2021`
**`1`**
**`374,806`**
`At 30 September 2020`
`1`
`34,789`|`Totals`
`£`
**`34,790`**
**`307,739`**
**`57`**
**`32,221`**| |---|---| ||**`374,807`**| ||**`374,807`**| ||`34,790`| ``` continued... ``` ``` Page 19 ``` ``` Ealing Cricket Club ``` ``` Notes to the Financial Statements - continued for the Year Ended 30 September 2021 ``` ## **`13. FIXED ASSET INVESTMENTS - continued`** ## **`Historical cost of investments`** |**`Historical cost of investments`**||| |---|---|---| ||**`2021`**|`2020`| ||**`£`**|`£`| |`Historical cost at year end`|**`341,946`**|`34,982`| |||| |`The investments (at market value at the year end) that are held in the UK and outside the UK as follows:`|`The investments (at market value at the year end) that are held in the UK and outside the UK as follows:`|`The investments (at market value at the year end) that are held in the UK and outside the UK as follows:`| |---|---|---| ||**`2021`**|`2020`| ||**`£`**|`£`| |`United Kingdom`|**`323,556`**|`29,775`| |`Ireland`|**`51,250`**|`5,014`| |||| ||**`374,806`**|`34,789`| |||| ``` Cost or valuation at 30 September 2021 is represented by: ``` |**`Shares in`**
**`group`**
**`Listed`**
**`undertakings`**
**`investments`**
**`£`**
**`£`**
`Valuation in 2020`
**`-`**
**`(194)`**
`Valuation in 2021`
**`-`**
**`33,054`**
`Cost`
**`1`**
**`341,946`**
**`1`**
**`374,806`**|**`Totals`**
**`£`**
**`(194)`**
**`33,054`**
**`341,947`**
**`374,807`**| |---|---| |`Investments (neither listed nor unlisted) were as follows:`||| |---|---|---| ||**`2021`**|`2020`| ||**`£`**|`£`| |`Cash in Transact portfolio`|**`8,146`**|`35,497`| ``` Thecharityowns100%oftheissuedsharecapitalofEalingCricket&SocialClubLimited,whose principal activitiesaretheretailsaleofgoodsandservicestothemembersofthischarity,EalingCricketClub and other activities to raise funds for Ealing Cricket Club. ``` ``` The subsidiarydonatesits taxableprofitsto its parentcharitablecompany,EalingCricketClub.The subsidiary madeapaymentfortheuseofthefacilitiesownedbytheClub,intheamountof£11,640(2020 :£14,900). The subsidiary owed the Club £169,865 as at 30 September 2021 (2020: £152,827). ``` ``` continued... ``` ``` Page 20 ``` ``` Ealing Cricket Club ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 30 September 2021`** ## **`14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`** |`Trade debtors`
`Other debtors`
`EC&SC Intercompany account`
`VAT`
`Prepayments`
`Accrued income`
**`15.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade creditors`
`Social security and other taxes`
`VAT`
`Other creditors`
`PCC Intercompany account`
`Deferred income`
`Accrued expenses`
**`16.`**
**`MOVEMENT IN FUNDS`**
**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Ian Goodridge`
**`TOTAL FUNDS`**|**`2021`**
**`£`**
**`5,944`**
**`37,454`**
**`169,865`**
**`1,131`**
**`5,078`**
**`80`**
**`219,552`**
**`2021`**
**`£`**
**`6,443`**
**`617`**
**`-`**
**`4,532`**
**`81,275`**
**`54,609`**
**`12,684`**
**`160,160`**
`Net`
`At`
`movement`
`1.10.20`
`in funds`
`£`
`£`
**`826,031`**
**`97,035`**
**`-`**
**`684`**
**`826,031`**
**`97,719`**|`2020`
`£`
`31,773`
`5,817`
`152,827`
`-`
`3,300`
`300`| |---|---|---| |||`194,017`| |||`2020`
`£`
`6,671`
`1,050`
`12,774`
`31,764`
`49,962`
`5,250`
`5,561`| |||`113,032`| |||`At`
`30.9.21`
`£`
**`923,066`**
**`684`**| |||**`923,750`**| ``` continued... ``` ``` Page 21 ``` ``` Ealing Cricket Club ``` ``` Notes to the Financial Statements - continued for the Year Ended 30 September 2021 ``` ## **`16. MOVEMENT IN FUNDS - continued`** ``` Net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Sam Kelso`
`Ian Goodridge`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
**`343,346`**
**`1,080`**
**`746`**
**`1,826`**
**`345,172`**|`Resources`
`expended`
`£`
**`(279,365)`**
**`(1,080)`**
**`(62)`**
**`(1,142)`**
**`(280,507)`**|`Gains and`
`Movement`
`losses`
`in funds`
`£`
`£`
**`33,054`**
**`97,035`**
**`-`**
**`-`**
**`-`**
**`684`**
**`-`**
**`684`**
**`33,054`**
**`97,719`**|`Gains and`
`Movement`
`losses`
`in funds`
`£`
`£`
**`33,054`**
**`97,035`**
**`-`**
**`-`**
**`-`**
**`684`**
**`-`**
**`684`**
**`33,054`**
**`97,719`**| |---|---|---|---|---| |||||**`684`**| |||||**`97,719`**| ## **`Comparatives for movement in funds`** |**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Net`
`At`
`movement`
`1.10.19`
`in funds`
`£`
`£`
`765,324`
`60,707`
`765,324`
`60,707`|`At`
`30.9.20`
`£`
`826,031`| |---|---|---| |||`826,031`| ``` Comparative net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`262,240`
`262,240`|`Resources`
`expended`
`£`
`(201,340)`
`(201,340)`|`Gains and`
`Movement`
`losses`
`in funds`
`£`
`£`
`(193)`
`60,707`
`(193)`
`60,707`|`Gains and`
`Movement`
`losses`
`in funds`
`£`
`£`
`(193)`
`60,707`
`(193)`
`60,707`| |---|---|---|---|---| |||||`60,707`| ``` continued... ``` ``` Page 22 ``` ``` Ealing Cricket Club ``` ``` Notes to the Financial Statements - continued for the Year Ended 30 September 2021 ``` ## **`16. MOVEMENT IN FUNDS - continued`** ``` A current year 12 months and prior year 12 months combined position is as follows: ``` |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Ian Goodridge`
**`TOTAL FUNDS`**|`Net`
`At`
`movement`
`1.10.19`
`in funds`
`£`
`£`
`765,324`
`157,742`
`-`
`684`
`765,324`
`158,426`|`At`
`30.9.21`
`£`
`923,066`
`684`| |---|---|---| |||`923,750`| ``` A currentyear12 monthsand prioryear12 monthscombinednetmovementin funds,includedin the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Sam Kelso`
`Ian Goodridge`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`605,586`
`1,080`
`746`
`1,826`
`607,412`|`Resources`
`expended`
`£`
`(480,705)`
`(1,080)`
`(62)`
`(1,142)`
`(481,847)`|`Gains and`
`Movement`
`losses`
`in funds`
`£`
`£`
`32,861`
`157,742`
`-`
`-`
`-`
`684`
`-`
`684`
`32,861`
`158,426`|`Gains and`
`Movement`
`losses`
`in funds`
`£`
`£`
`32,861`
`157,742`
`-`
`-`
`-`
`684`
`-`
`684`
`32,861`
`158,426`| |---|---|---|---|---| |||||`684`| |||||`158,426`| ## **`17. EMPLOYEE BENEFIT OBLIGATIONS`** ``` Thecharitablecompanycontributestoapensionschemeforthreeemployeesandanother continuing schemeforoneemployee(definedcontributionschemes).Thecostfortheyearrepresentsthe charity's contribution to these schemes of £6,223 (2020: £5,988). ``` ``` continued... ``` ``` Page 23 ``` ``` Ealing Cricket Club ``` ``` Notes to the Financial Statements - continued for the Year Ended 30 September 2021 ``` ## **`18. RELATED PARTY DISCLOSURES`** ``` EalingCricketClub,acharitablecompanyincorporatedinEngland&Walesundernumber07625534 and charityregistrationno1141973,istheparentcompanyofEalingCricket&SocialClubLimited,its wholly ownedsubsidiary,whichin turnpurchasedthe entiresharecapitalof PremierCricketCoachingLimitedon 14 January 2016. ``` ``` EalingCricketClub,and its immediatesubsidiarycompanyarebothexemptfromthe requirementto prepare group accounts as they are both small companies at the head of small groups. ``` ## **`19. LEGAL STATUS OF THE CLUB`** ``` Theclubisacompanylimitedbyguaranteeandhasnosharecapital.Theliabilityofeachmemberin the event of a winding up is limited to £1. ``` ## **`20. CONTROLLING PARTY`** ``` No one person or entity has control. The charity is managed by its Board of Directors and Trustees. ``` ## **`21. POST BALANCE SHEET EVENTS`** ``` Duringtheyear,Covid-19,a globalpandemiccontinuedto affecttheactivitiesof theClub,with Government restrictionscausingbusinessestoclose.Thefullfinancialimpactoftherestrictionsontheclub'sactivities is currently unknown. ``` ``` Page 24 ``` ``` Ealing Cricket Club ``` ## **`Detailed Statement of Financial Activities`** ## **`for the Year Ended 30 September 2021`** |**`INCOME AND ENDOWMENTS`**
**`Donations and legacies`**
`Donations`
`Donation from subsidiary`
**`Other trading activities`**
`Sponsorships`
`Ground rental income`
**`Investment income`**
`Interest receivable - trading`
**`Charitable activities`**
`Subscriptions`
`Match fees income`
`Other income`
**`Other income`**
`Government grants & subsidies`
**`Total incoming resources`**
**`EXPENDITURE`**
**`Charitable activities`**
`Salaries and wages`
`Social security`
`Pensions`
`Rates and water`
`Insurance`
`Light and heat`
`Postage, stationery, telephone`
`Advertising`
`Sundries`
`Match, coaching and cricket`
`Corfton Road ground expenses`
`Carried forward`|`2021`
`£`
**`4,061`**
**`59,943`**
**`64,004`**
**`25,284`**
**`64,191`**
**`89,475`**
**`21`**
**`97,975`**
**`9,388`**
**`8,396`**
**`115,759`**
**`75,913`**
**`345,172`**
**`115,980`**
**`8,895`**
**`6,223`**
**`2,234`**
**`3,320`**
**`1,654`**
**`2,147`**
**`743`**
**`2,575`**
**`46,776`**
**`34,437`**
**`224,984`**|`2020`
`£`
`7,683`
`35,109`| |---|---|---| |||`42,792`
`23,860`
`70,959`| |||`94,819`
`70`
`80,661`
`4,845`
`3,000`| |||`88,506`
`36,053`| |||`262,240`
`92,427`
`7,114`
`5,988`
`1,014`
`2,942`
`1,364`
`1,103`
`-`
`1,942`
`29,191`
`14,835`
`157,920`| ``` This page does not form part of the statutory financial statements ``` ``` Page 25 ``` ``` Ealing Cricket Club ``` ## **`Detailed Statement of Financial Activities`** ## **`for the Year Ended 30 September 2021`** |**`Charitable activities`**
`Brought forward`
`Repairs and maintenance`
`Bank charges`
`Bad debts`
`Hanwell ground expenses`
`Popesfield ground expenses`
`Administrative services`
`Training Costs`
`Depreciation of Leasehold property`
`Depreciation of plant & machinery`
`Depreciation of fixtures & fittings`
**`Support costs`**
**`Governance costs`**
`Independent examination fee`
`Total resources expended`
**`Net income before gains and losses`**
**`Realised recognised gains and losses`**
`Realised gains/(losses) on fixed asset`
`investments`
**`Net income`**|`2021`
`£`
**`224,984`**
**`3,789`**
**`3,038`**
**`3,400`**
**`8,642`**
**`14,000`**
**`4,235`**
**`185`**
**`4,143`**
**`2,870`**
**`6,841`**
**`276,127`**
**`4,380`**
**`280,507`**
**`64,665`**
**`57`**
**`64,722`**|`2020`
`£`
`157,920`
`-`
`2,240`
`-`
`6,772`
`11,565`
`4,487`
`-`
`3,200`
`2,718`
`8,802`| |---|---|---| |||`197,704`
`3,636`| |||`201,340`| |||`60,900`
`-`| |||`60,900`| ``` This page does not form part of the statutory financial statements ``` ``` Page 26 ```