``` 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 2022 ``` ## **`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 2022 ``` ||**`Page`**| |---|---| |**`Reference and Administrative Details`**|`1`| |**`Report of the Trustees`**|`2 to 10`| |**`Independent Examiner's Report`**|`11`| |**`Statement of Financial Activities`**|`12`| |**`Balance Sheet`**|`13 to 14`| |**`Notes to the Financial Statements`**|`15 to 25`| |**`Detailed Statement of Financial Activities`**|`26 to 27`| ``` Ealing Cricket Club ``` ``` Reference and Administrative Details for the Year Ended 30 September 2022 ``` |**`TRUSTEES`**|`JC Poore President (resigned 31.3.22)`| |---|---| ||`J C Grigg Chair of Trustees and Secretary`| ||`V Patel (resigned 31.3.22)`| ||`A P Scott Club Safeguarding Officer (resigned 31.3.22)`| ||`M Turner`| ||`C R J Dewhurst (resigned 31.3.22)`| ||`K C Martin`| ||`C W Wheeler`| ||`C Artis`| ||`M D Grafton Treasurer`| ||`P L Lewis Club Safeguarding Officer (appointed 31.3.22)`| ||`R Fisher President (as from 01/04/22)`| |**`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 2022 ``` ``` ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheir report withthefinancialstatementsofthecharityfortheyearended30September2022.Thetrusteeshaveadopted the provisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublic of Ireland (FRS 102) (effective 1 January 2019). ``` ``` Group accountsare not requiredas this companyis the parent of a small group.EalingCricket Club (ECC) is a 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,hasbecomeanimportantpartofourlocal community. We are a familyClubandthislies at the heartof oursuccessbothon andoff the playingfield.Fosteringthissense of family involvement is the cornerstone of our efforts to promote cricket in our local community. ``` ``` The Trusteesrecognisethat,followingthe Club'sconversionto becomea charity,the Club'svariousactivitiesmust be runaccordingtothebestprinciplesofcorporategovernance.TheTrusteesbelievethatthecharityconversion has focusedoureffortsonachievingourtwinobjectivesforthebenefitofourlocalcommunity.Wecontinuetolook to attract volunteers to strengthen our team to ensure we can deliver the best quality services. ``` ``` TheClubhasa fee-payingmembership,whichisconcessionaryforspecificgroups,e.g.Juniors,andforothers where thepaymentoffees mightbeanobstacletotheirparticipationincricketactivitiesattheClub.Theprincipallimit on thenumberofplayingmembersattheClubhashistoricallybeenthelackoffacilitiesthatwehavehadavailable for ouruse.However,we expandedourplayingfacilitiesinrecentyearsandthishasallowedus to continueto grow our cricketing activities. ``` ``` Page 2 ``` ``` Ealing Cricket Club ``` ``` Report of the Trustees for the Year Ended 30 September 2022 ``` ## **`OBJECTIVES AND ACTIVITIES Charitable activities`** ``` Eachyear,theClubupdatesitsDevelopmentPlanaspartofitsClubmarkaccreditationwiththeEngland& Wales Cricket Board (ECB). This document summarises the activities that are planned to achieve our objectives. ``` ``` We are a club focused solely on cricket. ``` ``` In 2022, as the Countryemerged from the COVID-19pandemicand continuingon from the 2021 season,we had a full seasonofcricket.Thelimitationsof2020and2021werebehindusandweagainhadarecordnumberof members participating in our cricket activities. ``` ``` InSeniorCricket,ECChadnineseniorMen'steamsplayingleaguecricketintheMIddlesexCountyCricket League (MCCL)onSaturdays,withafull18matchfixtureschedule.WeparticipatedintheECBNationalClub Championship, theECBNationalT20Cup,theMiddlesexCup,ClubCricketConferenceCup,MiddlesexCricketBoard Development League,theECBU19NationalClubChampionship,theMiddlesexWomen'sCricketLeagueandtheChess Valley League. For the first time we had a 6th XI playing in the MCCLs. ``` ``` OurJuniorCricketactivitieswere expandedagainwitheven morechildren,bothboysandgirls,playingcricketat the Clubthaneverbefore.TheJuniorCricketsection,whichhadapproximately600membersin2022,agedbetween 5 and17in28juniorteams,is supportedbyseniorqualifiedprofessionalcoaches,ledbyourDirectorofCricket, Chad Barrett,andassistedby a largenumberof volunteercoaches,mostlydrawnfrom the parentsof the Youth Cricketers. ManyofthevolunteercoachesundertakeECBsponsoredcoachingcoursesandsomegoontoLevel2courses. Our Girls' section remains one of the largest in the country with over 100 girls. ``` ``` SeniorcricketisprovidedbytheClubacrossaspectrumofstandardsandcompetitivenessandisplayed by participantswitha widerangeof abilitylevels.It is alsoanintegralpartof thecontinuumof youthdevelopment and participation. ``` ``` TheseniorMen'sandWomen'steamsoftenincludeasignificantnumberofJuniorCricketersgivingour younger players the opportunity to get exposure to more experienced cricketers and to play at a higher level. ``` ``` TheClubprovidesplayingopportunitiesforalllevelsofabilityalthoughallteamsareusuallyselectedonability. This ensuresthatteamscontaintheskillsnecessary(forexample,bowling,batting,fieldingandwicket-keeping)and that playersplaycricketatalevelcommensuratetotheircompetencetoensuresafety.Selectionisbasedon the experienceandjudgementofcoachestakingintoaccountanumberoffactorsincludingthebalanceofskills needed and player availability. When there are sufficient players available, the Club seeks to organise additional fixtures. ``` ``` Inrecentyears,wehavehighlightedtheneedfortheClubtoexpanditsplayingfacilitiestoallowittosatisfy the demand for cricket activities. ``` ``` Our merger with HanwellCricketClub, completedin 2013, provideda badlyneeded additionalground,particularly for YouthCricketers.And, in 2017, Popesfieldfinallybecame a realityafter a long gestationperiod.Popesfieldhas proved tobeahugesuccessbothasacentreofcricketexcellenceandasportsvenueforourlocalcommunity.In2023, we expectthatwewillagainneedtohireadditionalplayingfacilitiestocaterforallofourplannedactivities.. We continue to look actively at acquiring additional playing facilities. ``` ``` Coachingcoursesforyoungcricketerson Sundaysandthroughoutthe schoolholidayscontinueto be runat the Club underour brand,Premier CricketCoaching.And in recent years we have expandedour comprehensivewinter training programmefor our JuniorCricketers,whichhas againbeen very popular.We also run indoorcoachingcourses 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 2022 ``` ## **`OBJECTIVES AND ACTIVITIES`** ``` TheClubisactivelyengagedwithanumberoflocalschoolswhereweareassistingthedevelopmentofcricket with theschools.WealsohostKwikCricketcompetitionsrunonbehalfofActiveEaling,SchoolsSportsPartnerships and othercompetitionson behalfof MiddlesexCricketandthe MiddlesexJuniorCricketAssociationandare 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,includingpublicbenefitguidanceandhavetakenit intoaccountin all decision making. ``` ## **`ACHIEVEMENT AND PERFORMANCE`** ## **`Charitable activities`** ``` 2022 was another successful year for our teams. ``` ``` In SeniorCricket,our 1st XI, finisheda disappointing7th in the MiddlesexCountyCricketPremierLeague(the same as in2021),butwedidmakeittothefinalofMiddlesexCup,whichwasnotabletobecompletedin2022and is expectedtobeplayedMay2023.WealsomadeittotheSemiFinalsoftheMiddlesexT20Cup,losingto eventual winners,Richmond.The2ndXIfinished5thintheirdivision,whichwasencouragingwitharelatively inexperienced side.Onabrightnote,our3rdXI,4thXIandEalingHanwellians2ndXIallwontheirrespective divisions. Unfortunately,our 5th XI and EalingHanwellians1st XI were both relegated.Our Women's 1st XI, playingin Division 1 oftheMiddlesexCricketWomen'sLeague,againstsomeverystrongopposition,hadasomewhat disappointing season, but still managed to finish 5th. ``` ``` InJuniorCricket,we againhadanexcellentseasoncontinuingthesuperbresultsseeninrecentyears.The highlights weretheU14Boys,U11GirlsSoftballandU13GirlsSoftballwhowereCountyLeaguechampionsandtheU15 Boys who were CountyCup winners.Virtuallyall of ourBoys andGirlsteams won theirlocalArea leaguesandqualified for the County-widestagesof theircompetitions.The culminationwas againthe Clubbeingawardedthe Victor Ludorum trophy as the Champion Junior Club in Middlesex. We have now held this trophy since 2019. ``` ``` InadditiontotheMiddlesexJuniorCricketAssociationcompetitions,theinternalInterFranchiseLeague (IFL) launchedin2019toprovideadditionalplayingopportunitiesforourJuniormemberswasagainagreatsuccess. We also had another fantastic IFL Festival. ``` ``` A largenumberof ourBoysandGirlscontinuetoparticipateintheMiddlesexCricketplayerpathwayandwe believe that we still have a higher number of children playing County Age Group cricket than any other Club in Middlesex. ``` ``` The continuedsuccess of our juniorteams and playersis extremely pleasingand a great credit to our brilliant coaches, many of whom are volunteers. ``` ``` 2022sawthenumberofYoungCricketersattheClubincreaseagainwitharound600Juniormembers.We have continuedtoinvestinourcoachinginfrastructureattheClubtoensurethatwedeliverexcellentcricketactivities to an ever increasing number of players, both Senior and Juniors. ``` ``` Withthe increasein cricketactivitiesin recentyears,we have investedfurtherin our playingfacilities.In 2020/21, we replacedtheoutfieldofourgroundatCorftonRoadand2021/22weinstalledabrandnewstateoftheart8 lane practicenet facilityand three hybridpitchesin the cricketsquareat CorftonRoad.Whilemuch of this investment has been and will continueto be funded from the Club's reserves, we had a successfulfund raisingcampaignin which over £60,000 was raised to supplement the funds provided by the Club for our new nets. ``` ``` Wecontinuetolookforopportunitiestoimproveandexpandourfacilitiesandwehopetoannounce further improvements in the short to medium term. ``` ``` Page 4 ``` ``` Ealing Cricket Club ``` ``` for the Year Ended 30 September 2022 ``` ## **`Report of the Trustees`** ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document`** ``` ThecharityiscontrolledbyitsMemorandumandArticlesofAssociation,andconstitutesalimitedcompany, limited by guarantee, as defined by the Companies Act 2006. ``` ``` ThecompanyisthesolememberofEalingCricket&SocialClubLimited,alimitedliabilitycompany,registered in England,underregisterednumber7721549.Thissubsidiarycompanywas incorporatedon28 July2011and provides functionsand social facilitiesto fee-payingmembers. It preparesits financialstatementsto 30 Septemberand 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. ``` ``` Thefinancialstatementshavebeenpreparedinaccordancewiththespecialprovisionsrelatingtocompanies subject to the small companies regime within Part 15 of the Companies Act 2006 (s.419(2)). ``` ``` Page 5 ``` ``` Ealing Cricket Club ``` ``` Report of the Trustees for the Year Ended 30 September 2022 ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT Recruitment and appointment of new trustees`** ``` The company'sArticlesof Associationrequirethatthere be at least three Trusteesand a maximumof 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 theTrusteeswhoaresubjecttoretirementbyrotation,orthenearestnumbertoonethird,must retire from office at each annualgeneralmeeting,plus any Trustees who have been appointedby the Trustees since the last AnnualGeneralMeeting.Thosetoretirebyrotationarethosewhohavebeenthelongestinofficesincetheir last appointment or reappointment. ``` ``` OtherappointeesasTrusteesmustberecommendedbytheTrusteesandthencomplywiththenoticesrequired by Articles 26.7.2 and 26.8. ``` ``` Therearecurrently8TrusteesofwhomCarolineArtis,MartinTurnerandPennyLewiswerere-electedatthe 2022 Annual General Meeting (2022 AGM). ``` ``` The 2021 AGM saw the end of an era with the retirementof John Poore who had been Presidentof EalingCricket Club since 1996 and had overseenan unprecedentedperiodof success and developmentat the Club.John'sretirement led toare-considerationbytheTrusteesofthestructureoftheBoardofTrustees.andanumberofchanges were approvedatthe2021AGMincludingsplittingtheroleasPresidentintotwo,withBobFisherbeingappointed as President and James Grigg becoming Chair of Trustees and assuming all of John Poore's executive responsibilities. ``` ``` The Trusteescontinueto considerthe effectivenessof ourcorporategovernanceto ensurewe have the best possible structureto meet the challengesof the future.As part of this, the Trustees are currentlyreviewingthe composition of theTrusteesandhownewTrusteesareappointed.Thisisexpectedtoleadtotheappointmentofanumberof new TrusteesandwillalsoseetheretirementofsomeoftheexistingTrustees.Inlightofthis,bothKristianMartin and Caroline Artis are both retiring at the forthcoming AGM and are not seeking re-election. ``` ``` Kristianhas been a Trusteesfor 6 yearsduringwhichtime he has alsoserved as captainof the 1st XI. He has shown a huge commitmentto the Club,bothon and off the field,and the Trusteesare very pleasedthat he will continueto be involvedwiththeClubontheplayingfield.CarolinejoinedasaTrusteein2019,havingbeeninvolvedinour Junior sectionformanyyears,and,asaTrustee,shehascontinuedtomakeasubstantialcontribution,inparticularto our considerationofmattersrelatedtocorporategovernance,whereshehasextensiveexperience,butalsoasa key memberof the teamsorganisingthe Club's150thAnniversarycelebrationsandthe successfulfundingprojectfor our new nets. ``` ``` The Trustees are extremely grateful to both Kristian and Caroline for their excellent service as Trustees. ``` ``` Asabove,theTrusteesarecurrentlyreviewingthecompositionoftheTrusteesandithasbeendecidednotto make any new appointmentsuntilthis review is complete.Any new appointmentswill be subjectto electionby members at the next year's AGM. ``` ``` As requiredby the Articlesof Association,Bob Fisherand James Griggwill retireby rotationat the 2023 AGM and will also offer themselves for re-election. ``` ``` The Trusteesmeet aroundsix times per year to review the Club'sperformanceand ensure the Club'sstrategyto meet itsobjectivesisbeingimplemented.TheTrusteesaresupportedbyanumberoffulltimeandparttime professional staffwhodelivertheClub'scoreactivitiesandprovidesupportforthelargenumberofvolunteersthattheClub is fortunate to have. ``` ``` Page 6 ``` ``` Ealing Cricket Club ``` ``` for the Year Ended 30 September 2022 ``` ## **`Report of the Trustees`** ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT Risk management`** ``` TheTrusteeshaveadutytoidentifyandreviewtheriskstowhichthecharityisexposedandtoensure appropriate controlsareinplacetoprovidereasonableassuranceagainstfraudanderror.TheTrusteesmonitorthe financial performanceandcontrolcloselyandreceiveregularreportsonvariousaspectsoftheClub'sactivities. Financial controlsystemshavebeenimplementedandthesearesubjecttoongoingreviewandimprovement.Health, safety and insurance reviews are undertaken at least annually. ``` ``` ChildwelfareishighpriorityfortheClubandClubmarkaccreditationreflectsthegoodpracticesthatwe have implemented to ensure that all aspects of junior cricket at our Club are undertaken in a safe and effective manner. ``` ``` Page 7 ``` ``` Ealing Cricket Club ``` ``` Report of the Trustees for the Year Ended 30 September 2022 ``` ## **`FINANCIAL REVIEW`** ``` Duringtheyearended30September2022,TotalIncomingResourceswere£456,732(2021:£345,172), Total ResourcesExpendedwere£380,746(2021:£280,507)andarealisedgainof£nil(2021:£57)leavingNet Incoming Resources of £75,986 (2021: £64,665). There was an unrealised loss on investment of £29,813 (2021: gain £32,997). ``` ``` ActivitiesforGeneratingFundsof£78,115(2021:£89,475)comprisedSponsorshipandGroundRental income. Sponsorshiprevenueof£23,390(2021:£25,284)wasconsistentwith2020/21.GroundRentalof£54,725 (2021: £64,191)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, (2021: £nil). ``` ``` Donationsandlegaciesamountedto£110,671(2021:£64,004).Thiscomprisedexternaldonationsandgrants of £66,536(2021:£4,061)andpaymentsreceivedfromsubsidiariesof £44,135(2021:£59,943).Donationsin support of our new nets were the vast majority of the external donations and grants. ``` ``` As in2021,therewasnodonationmadebyEalingCricket& SocialClubLimited,theClub'swhollyowned subsidiary, as it has losses broughtforward.However,Premier CricketCoachingLimited,an indirectlywhollyownedsubsidiary of the Club, donated all of its profits for the year (£44,135) to Ealing Cricket Club. ``` ``` IncomingResourcesfromCharitableActivitiesof£265,203(2021:£115,759)were,inpart,members'subscriptions of £108,818(2021:££97,975),butalsoincludedtheproceedsofsignificantinsuranceclaimsof£125,084(2021: £nil). TheseclaimsrelatedtodamagecausedtothepavilionatCorftonRoadbysubsidenceandtheinterruptionto the Club'sbusinessactivitiescausedduringtheCOVID-19pandemic.Itisworthnotingthatasubstantialpartof the proceedsof the subsidenceclaim was expendedon repairs made to the Pavilionand this accountsfor the much higher expenditure on Repairs and Maintenance during the year. ``` ``` TheClubreceived£2,667(2021:£75,913)inGovernmentgrantsandfurloughclaimsrelatedtothe Covid-19 pandemic. ``` ``` The principalelements of ResourcesExpendedon CharitableActivities£380,420(2021: £280,507)were Match, Cricket & Coaching costs £112,845 (2021: £46,776), Salaries £81,372 (2021: £131,098), Ground Expenses £51,986 (2021: £57,079)andRepairsandMaintenance£73,557(2021:£3,789).Cricket&coachingcostsbeinghigherduetoa full seasonofcricketbeingplayed,thesizeoftheJuniorsectionagainbeingexpandedandthecostofcertain Cricket activitiesnow providedby PCC, which,in prioryears,had been incurredin ECC and recordedas Salaries.Salaries. are proportionatelylowerasaresult.ThehigherRepairsandMaintenanceexpenditurereflectsthecostsof repairing subsidence damage and the opportunity this offered for a substantial refurbishment of the Pavilion at Corfton Road ``` ``` TheClubhadcashreservesasat30September2022of£214,348(2021:£284,597)andinvestmentsof £352,644 (2021: ``` ``` £382,953).In addition,EalingCricket& SocialClubLimited,which,as at 30 September2022,owedthe Club £186,459 (2021: £169,865) and had cash reserves of £107,019 (2021: £124,275). ``` ``` Theproceedsfromthesaleoftheinvestmentpropertyin2019increasedsignificantlytheamountofcash reserves heldbytheClub.As notedabove,theClubhascommenceda groundinvestmentprogramme(CRGIP)to improve the playingfacilitiesatourmaingroundinCorftonRoad,whichhasrequiredasubstantialinvestmentfundedfrom the Club'sreservesinrecentyears.Thebalanceofreserveswillbeusedinthemediumtolongertermtosupport the Club'sactivitiesandtoensurethatwecontinuetomeetourcharitableobjectivesintothefuture.Inthisregard, the Trusteeshaveestablisheda developmentsubcommitteeto lookat the futuredevelopmentneedsof the Cluband to seek to ensurethatwe are 'futureproofed'.The reservesavailableto the Clubwill be availableto providesupport for any strategic initiatives that emerge from the development sub committee's work. ``` ``` Page 8 ``` ``` Ealing Cricket Club ``` ``` Report of the Trustees for the Year Ended 30 September 2022 ``` ``` TheTrusteeshaveconsideredhowthecashreservesretainedshouldbeinvestedforthebenefitoftheClub. An investmentsub-committee,comprisedofJamesGrigg,MarkGrafton,MartinTurnerandVikramPatel,was convened to considerthe best approach.All 4 members of the investmentsub-committeehave significantrelevantexperience in the investment of funds. ``` ``` The Trustees agreed with the investment sub-committee's recommendations, which were as follows: ``` ``` - Approximatelytwothirdsof theClub'scashreservesthatarenotrequiredforthepurposesof theCRGIPshould be invested in an investment portfolio ``` ``` -Theinvestmentobjectivesoftheportfolioshouldbetohaveaconservativeapproachseekingacombination of capitalgrowthandincomeoverthemediumterminamoderateriskenvironmentfromadiversifiedportfolio with reasonable liquidity. ``` ``` -TheClub'sobjectivesinthecurrentenvironmentwouldbebestmetbyaportfoliocomprisingequity based investmentswithalimitedexposuretofixedincomeinvestments.Inthiscontext,approximately70%of the investmentportfoliowould be allocatedto investmentsin index funds linked to the major globalmarkets, with an 80% exposuretoequitybasedinvestmentsanda20%exposuretofixedincomeinvestments,withthebalance invested with active fund managers,who have an exceptionalrecord,providingexposureto high qualitybusinesseswith strong competitive positions, conservative leverage and attractive growth prospects. ``` ``` In reachingthe investmentsub-committee'srecommendations,financialadvice was soughtfrom 1st Financial Limited, an IndependentFinancialAdviser registeredwith the FinancialConductAuthority.It shouldbe noted that 1st Financial LimitedisacompanyassociatedwithVikramPatel,whowas,atthattime,alsoaTrustee.TheTrustees considered whetherreceivingfinancialadvicefrom1stFinancialLimitedmightrepresentaconflictofinterest.The Trustees concludedthat,as 1st FinancialLimitedwas notcharginga fee forprovidingadviceto the Club,therewas no conflict of interest that was of concern. ``` ``` TheprogrammeofinvestmentintheportfoliocommencedinAugust2020andwascompletedinJune2021. The investmentsub-committeecontinuestomonitortheperformanceof theportfolioandtheallocationof 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. ``` ## **`STATEMENT OF TRUSTEES' RESPONSIBILITIES`** ``` Thetrustees(whoarealsothedirectorsofEalingCricketClubforthepurposesofcompanylaw)areresponsible for preparingtheReportoftheTrusteesandthefinancialstatementsinaccordancewithapplicablelawand United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). ``` ``` Companylawrequiresthetrusteestopreparefinancialstatementsforeachfinancialyearwhichgiveatrueand fair viewofthestateofaffairsofthecharitablecompanyandoftheincomingresourcesandapplicationof resources, includingtheincomeandexpenditure,ofthecharitablecompanyforthatperiod.Inpreparingthose financial statements, the trustees are required to ``` - `select suitable accounting policies and then apply them consistently;` - `observe the methods and principles in the Charity SORP;` - `make judgements and estimates that are reasonable and prudent;` - `prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.` ``` Thetrusteesareresponsibleforkeepingproperaccountingrecordswhichdisclosewithreasonableaccuracyat any timethefinancialpositionofthecharitablecompanyandtoenablethemtoensurethatthefinancial statements complywith the CompaniesAct 2006. They are also responsiblefor safeguardingthe assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. ``` ``` Page 9 ``` ``` Ealing Cricket Club ``` ``` for the Year Ended 30 September 2022 ``` ## **`Report of the Trustees`** ``` This reporthas been preparedin accordancewith the specialprovisionsof Part 15 of the CompaniesAct 2006 relating to small companies. ``` ``` Approved by order of the board of trustees on 9 March 2023 and signed on its behalf by: ``` ``` J C Grigg - Trustee ``` ``` Page 10 ``` ``` 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 2022. ``` ## **`Responsibilities and basis of report`** ``` As the charity'strusteesof the Company(andalsoits directorsfor the purposesof companylaw)youare responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). ``` ``` Having satisfiedmyself that the accountsof the Companyare not requiredto be auditedunder Part 16 of the 2006 Act andareeligibleforindependentexamination,Ireportinrespectofmyexaminationofyourcharity'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`** ``` Since yourcharity'sgross incomeexceeded£250,000yourexaminermust be a member of a listedbody.I can confirm that I am qualifiedto undertakethe examinationbecause I am a registeredmember of ACCA which is 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 11 ``` ``` Ealing Cricket Club ``` ## **`Statement of Financial Activities`** ## **`for the Year Ended 30 September 2022`** |`Unrestricted`
`fund`
`Notes`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`2`
**`110,671`**
**`Charitable activities`**
`Cricket`
**`265,203`**
`Other trading activities`
`3`
**`78,115`**
`Investment income`
`4`
**`76`**
`Other income`
`5`
**`2,667`**
**`Total`**
**`456,732`**
**`EXPENDITURE ON`**
**`Charitable activities`**
`6`
`Cricket`
**`380,249`**
`Other`
**`326`**
**`Total`**
**`380,575`**
`Net gains/(losses) on investments`
**`(29,813)`**
**`NET INCOME/(EXPENDITURE)`**
**`46,344`**
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
**`923,066`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`969,410`**|`Restricted`
`funds`
`£`
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`171`**
**`-`**
**`171`**
**`-`**
**`(171)`**
**`684`**
**`513`**|**`2022`**
**`Total`**
**`funds`**
**`£`**
**`110,671`**
**`265,203`**
**`78,115`**
**`76`**
**`2,667`**
**`456,732`**
**`380,420`**
**`326`**
**`380,746`**
**`(29,813)`**
**`46,173`**
**`923,750`**
**`969,923`**|`2021`
`Total`
`funds`
`£`
`64,004`
`115,759`
`89,475`
`21`
`75,913`| |---|---|---|---| ||||`345,172`| ||||`280,507`
`-`| ||||`280,507`| ||||`33,054`| ||||`97,719`
`826,031`| ||||`923,750`| ## **`CONTINUING OPERATIONS`** ``` All income and expenditure has arisen from continuing activities. ``` ``` The notes form part of these financial statements ``` ``` Page 12 ``` ``` Ealing Cricket Club ``` ## **`Balance Sheet`** ## **`30 September 2022`** |`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`
`£`
**`305,736`**
**`352,644`**
**`658,380`**
**`211,590`**
**`214,348`**
**`425,938`**
**`(114,908)`**
**`311,030`**
**`969,410`**
**`969,410`**|`Restricted`
`funds`
`£`
**`513`**
**`-`**
**`513`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`513`**
**`513`**|**`2022`**
**`Total`**
**`funds`**
**`£`**
**`306,249`**
**`352,644`**
**`658,893`**
**`211,590`**
**`214,348`**
**`425,938`**
**`(114,908)`**
**`311,030`**
**`969,923`**
**`969,923`**
**`969,410`**
**`513`**
**`969,923`**|`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`| |---|---|---|---|---| ``` The charitablecompanyis entitledto exemptionfrom audit under Section477 of the CompaniesAct 2006 for the year ended 30 September 2022. ``` ``` Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended 30 September 2022 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 13 ``` ``` Ealing Cricket Club ``` ``` Balance Sheet - continued ``` ``` 30 September 2022 ``` ``` Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies subject to the small companies regime. ``` ``` The financialstatementswere approvedby the Boardof Trusteesand authorisedfor issue on 9 March2023 and were signed on its behalf by: ``` ``` J C Grigg - Trustee ``` ``` The notes form part of these financial statements ``` ``` Page 14 ``` ``` Ealing Cricket Club ``` ``` Notes to the Financial Statements for the Year Ended 30 September 2022 ``` ## **`1. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` The financialstatementsof the charitablecompany,whichis a publicbenefitentityunderFRS 102,have been preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities: Statement ofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial ReportingStandardapplicablein the UK and Republicof Ireland(FRS 102) (effective1 January2019)', Financial ReportingStandard102 'The FinancialReportingStandardapplicablein the UK and Republicof Ireland'and the CompaniesAct2006.Thefinancialstatementshavebeenpreparedunderthehistoricalcostconvention, with theexceptionofinvestmentswhichareincludedatmarketvalue,asmodifiedbytherevaluationof certain assets. ``` ## **`Income`** ``` All incomeis recognisedin the Statementof FinancialActivitiesoncethe charityhasentitlementto the funds, it is probable that the income will be received and the amount can be measured reliably. ``` ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement andtheamountof theobligationcanbe measuredreliably.Expenditureis accountedforonanaccruals basis andhas been classifiedunderheadingsthataggregateall costrelatedto the category.Wherecostscannot be directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the use of resources. ``` ``` Expenditure is stated excluding Value Added Tax. ``` ## **`Tangible fixed assets`** ``` Depreciationis providedat the followingannualrates in orderto write off each asset over its 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 and at varying rates on cost ``` ``` 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`** ``` Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionofthe 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, four employees have enrolled and only the company have paid contributions. ``` ``` Thecharitablecompanycontinuestomakecontributionstoa pensionplanestablishedforthebenefitof one ofthecompany'semployees.ThesecontributionsarechargedtotheStatementofFinancialActivitiesin the period to which they relate. ``` ``` continued... ``` ``` Page 15 ``` ``` Ealing Cricket Club ``` ``` Notes to the Financial Statements - continued for the Year Ended 30 September 2022 ``` ## **`1. ACCOUNTING POLICIES - continued`** ## **`Debtors`** ``` Basic financialassets, includingtrade and other debtors,are initiallyrecognisedat transactionprice, unless the arrangementconstitutesa financingtransaction,where the transactionis measured at the present value of the futurereceiptsdiscountedat a marketrateof interest.Suchassetsare subsequentlycarriedat amortised cost using the effective interest method, less any impairment. ``` ## **`Cash and cash equivalents`** ``` Cash and cash equivalentsare representedby cash in hand,depositsheld at call with financialinstitutions, and othershort-termhighlyliquidinvestmentsthatmatureinnomorethanthreemonthsfromthedate of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value. ``` ## **`Creditors`** ``` Basicfinancialliabilities,includingtradeandothercreditors,loansfromthirdpartiesandloansfrom related parties,are initiallyrecognisedat transactionprice, unless the arrangementconstitutesa financing transaction, wherethedebtinstrumentismeasuredatthepresentvalueofthefuturepaymentsdiscountedata market rateofinterest.Suchinstrumentsaresubsequentlycarriedatamortisedcostusingtheeffective interest method, less any impairment. ``` ## **`Going concern`** ``` Thefinancialstatementshavebeenpreparedonthebasisofgoingconcern.Thereareno material uncertainties regarding going concern. ``` ## **`Investments`** ``` Investmentsare stated at market value at the year end. All gains and losses on investmentsare reflectedin the Statement of Financial Activities as they arise. ``` ## **`2. DONATIONS AND LEGACIES`** |**`DONATIONS AND LEGACIES`**||| |---|---|---| |`Donations`
`Donation from subsidiary`|**`2022`**
**`£`**
**`66,536`**
**`44,135`**
**`110,671`**|`2021`
`£`
`4,061`
`59,943`| |||`64,004`| ``` continued... ``` ``` Page 16 ``` ``` Ealing Cricket Club ``` ``` Notes to the Financial Statements - continued for the Year Ended 30 September 2022 ``` ## **`3. OTHER TRADING ACTIVITIES`** |`Sponsorships`
`Ground rental income`
**`4.`**
**`INVESTMENT INCOME`**
`Interest receivable - trading`
**`5.`**
**`OTHER INCOME`**
`Government grants & subsidies`|**`2022`**
**`£`**
**`23,390`**
**`54,725`**
**`78,115`**
**`2022`**
**`£`**
**`76`**
**`2022`**
**`£`**
**`2,667`**|`2021`
`£`
`25,284`
`64,191`| |---|---|---| |||`89,475`| |||`2021`
`£`
`21`
`2021`
`£`
`75,913`| ``` Duringthe year ended30 September2022,the Clubreceived£2,667(2021:£57,880)of Governmentgrants as a result of the Covid-19 pandemic and £nil (2021: £18,033) from the Coronavirus Job Retention Scheme. ``` ``` Duringtheyearended30September2022,theclubreceived£125,084(2021:£nil)ofinsurancemonies in relation to subsidence. ``` ## **`6. CHARITABLE ACTIVITIES COSTS`** |**`CHARITABLE ACTIVITIES COSTS`**|||| |---|---|---|---| ||`Direct`|`Support`|| ||`Costs`|`costs`|`Totals`| ||`£`|`£`|`£`| |`Cricket`|**`376,220`**|**`4,200`**|**`380,420`**| ## **`7. NET INCOME/(EXPENDITURE)`** ``` Net income/(expenditure) is stated after charging/(crediting): ``` ||**`2022`**|`2021`| |---|---|---| ||**`£`**|`£`| |`Depreciation - owned assets`|**`22,614`**|`13,853`| |`Deficit on disposal of fixed assets`|**`326`**|`-`| ``` continued... ``` ``` Page 17 ``` ``` Ealing Cricket Club ``` ``` Notes to the Financial Statements - continued for the Year Ended 30 September 2022 ``` ## **`8. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Inpreviousyears,KristianMartinhadbeenpaidbytheClub'swhollyownedsubsidiary,Premier Cricket CoachingLtd('PCC')forworkasacricketcoach.However,KristianMartinwasnotpaidbyPCCforworkas a cricket coach in the current or previous financial year. ``` ``` Inaddition,intheyearended30September2021,KristianMartinwaspaid£194bytheClub'swholly owned subsidiary,EalingCricket& SocialClubLimited('ECSC')forworkasa barman.KristianMartinwasnotpaid by ECSC for work as a barman in the current financial year. ``` ``` Kristian Martin was not paid for acting as a Trustee. ``` ``` The arrangementswithKristianMartinoutlinedabovewere approvedbytheTrusteesandwere subjectto an agreement entered into between the Club and Kristian Martin. ``` ``` TheTrusteesnotedthatECSCneedstoemployreliableandresponsiblestafftoworkas partof theClub's bar activitiesand the Club Managerindicatedthat havingthe flexibilityto employ KristianMartinas part of the bar team was important. ``` ``` Aftercarefulconsideration,theTrusteesconcludedthatthepaymentsmadeintheyearended30 September 2021 to Kristian Martin were in the best interests of the Club and were reasonable. ``` ``` ItshouldbenotedthatKristianMartindidnotparticipateinanyconsiderationofthesearrangementsby the TrusteesandthatthepaymentsmadetoKristianMartinarenotprohibitedbytheClub'sMemorandum and Articles of Association. ``` ``` Otherthanasdisclosedabove,therewerenotrustees'remunerationorotherbenefitsfortheyearended 30 September 2022 nor for the year ended 30 September 2021. ``` ## **`Trustees' expenses`** ``` Therewerenotrustees'expensespaidfortheyearended30September2022norfortheyear ended 30 September 2021. ``` ## **`9. STAFF COSTS`** |**`STAFF COSTS`**||| |---|---|---| |`Wages and salaries`
`Social security costs`
`Other pension costs`|**`2022`**
**`£`**
**`62,042`**
**`12,872`**
**`6,459`**
**`81,373`**|`2021`
`£`
`115,980`
`8,895`
`6,223`| |||`131,098`| ``` The average monthly number of employees during the year was as follows: ``` |`Groundstaff`
`Management and administration`
`Cricket activities`|**`2022`**
**`1`**
**`2`**
**`2`**
**`5`**|`2021`
`1`
`1`
`2`| |---|---|---| |||`4`| ``` continued... ``` ``` Page 18 ``` ``` Ealing Cricket Club ``` ``` Notes to the Financial Statements - continued for the Year Ended 30 September 2022 ``` ## **`9. STAFF COSTS - continued`** ``` Thenumberofemployeeswhoseemployeebenefits(excludingemployerpensioncosts)exceeded £60,000 was: ``` |`£70,001 - £80,000`
**`10.`**
**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
`Unrestricted`
`fund`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`62,178`
**`Charitable activities`**
`Cricket`
`115,759`
`Other trading activities`
`89,475`
`Investment income`
`21`
`Other income`
`75,913`
**`Total`**
`343,346`
**`EXPENDITURE ON`**
**`Charitable activities`**
`Cricket`
`279,365`
`Net gains on investments`
`33,054`
**`NET INCOME`**
`97,035`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`826,031`
**`TOTAL FUNDS CARRIED FORWARD`**
`923,066`|**`2022`**
**`1`**
`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`| ``` continued... ``` ``` Page 19 ``` ``` Ealing Cricket Club ``` ``` Notes to the Financial Statements - continued for the Year Ended 30 September 2022 ``` ## **`11. CORPORATION TAX`** ``` The charityis exempt from tax on incomeandgainsfallingwithinsection505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. ``` ## **`12. TANGIBLE FIXED ASSETS`** |**`COST`**
`At 1 October 2021`
`Additions`
`Disposals`
`At 30 September 2022`
**`DEPRECIATION`**
`At 1 October 2021`
`Charge for year`
`Eliminated on disposal`
`At 30 September 2022`
**`NET BOOK VALUE`**
`At 30 September 2022`
`At 30 September 2021`|`Freehold`
`property`
`£`
**`54,686`**
**`-`**
**`-`**
**`54,686`**
**`-`**
**`-`**
**`-`**
**`-`**
**`54,686`**
`54,686`|`Long`
`leasehold`
`property`
`£`
**`122,060`**
**`-`**
**`-`**
**`122,060`**
**`12,409`**
**`6,200`**
**`-`**
**`18,609`**
**`103,451`**
`109,651`|`Plant and`
`machinery`
`£`
**`34,058`**
**`9,459`**
**`-`**
**`43,517`**
**`23,073`**
**`4,095`**
**`-`**
**`27,168`**
**`16,349`**
`10,985`|`Fixtures`
`and`
`fittings`
`£`
**`85,013`**
**`122,922`**
**`(32,532)`**
**`175,403`**
**`63,527`**
**`12,319`**
**`(32,206)`**
**`43,640`**
**`131,763`**
`21,486`|`Totals`
`£`
**`295,817`**
**`132,381`**
**`(32,532)`**| |---|---|---|---|---|---| ||||||**`395,666`**| ||||||**`99,009`**
**`22,614`**
**`(32,206)`**| ||||||**`89,417`**| ||||||**`306,249`**| ||||||`196,808`| ``` The cost of freehold property relates to the cost of land, which is not depreciated. ``` ## **`13. FIXED ASSET INVESTMENTS`** |**`FIXED ASSET INVESTMENTS`**||| |---|---|---| |`Shares`
`Cash held in Transact`|**`2022`**
**`£`**
**`344,994`**
**`7,650`**
**`352,644`**|`2021`
`£`
`374,807`
`8,146`| |||`382,953`| ``` continued... ``` ``` Page 20 ``` ``` Ealing Cricket Club ``` ``` Notes to the Financial Statements - continued for the Year Ended 30 September 2022 ``` ## **`13. FIXED ASSET INVESTMENTS - continued`** ``` Additional information as follows: ``` |`Shares in`
`group`
`undertakings`
`£`
**`MARKET VALUE`**
`At 1 October 2021`
**`1`**
`Revaluations`
**`-`**
`At 30 September 2022`
**`1`**
**`NET BOOK VALUE`**
`At 30 September 2022`
**`1`**
`At 30 September 2021`
`1`
**`Historical cost of investments`**|`Shares in`
`group`
`undertakings`
`£`
**`MARKET VALUE`**
`At 1 October 2021`
**`1`**
`Revaluations`
**`-`**
`At 30 September 2022`
**`1`**
**`NET BOOK VALUE`**
`At 30 September 2022`
**`1`**
`At 30 September 2021`
`1`
**`Historical cost of investments`**|`Listed`
`investments`
`£`
**`374,806`**
**`(29,813)`**
**`344,993`**
**`344,993`**
`374,806`|`Listed`
`investments`
`£`
**`374,806`**
**`(29,813)`**
**`344,993`**
**`344,993`**
`374,806`|`Totals`
`£`
**`374,807`**
**`(29,813)`**
**`344,994`**
**`344,994`**
`374,807`| |---|---|---|---|---| ||||**`2022`**|`2021`| ||||**`£`**|`£`| |`Historical cost at year end`|||**`341,946`**|`341,946`| |||||| ``` The investments (at market value at the year end) that are held in the UK and outside the UK as follows: ``` ||**`2022`**|`2021`| |---|---|---| ||**`£`**|`£`| |`United Kingdom`|**`297,406`**|`323,556`| |`Ireland`|**`47,587`**|`51,250`| |||| ||**`344,993`**|`374,806`| |||| ``` Cost or valuation at 30 September 2022 is represented by: ``` |**`Shares in`**
**`group`**
**`Listed`**
**`undertakings`**
**`investments`**
**`£`**
**`£`**
`Valuation in 2020`
**`-`**
**`(194)`**
`Valuation in 2021`
**`-`**
**`33,054`**
`Valuation in 2022`
**`-`**
**`(29,813)`**
`Cost`
**`1`**
**`341,946`**
**`1`**
**`344,993`**|**`Totals`**
**`£`**
**`(194)`**
**`33,054`**
**`(29,813)`**
**`341,947`**
**`344,994`**| |---|---| ``` continued... ``` ``` Page 21 ``` ``` Ealing Cricket Club ``` ``` Notes to the Financial Statements - continued for the Year Ended 30 September 2022 ``` ## **`13. FIXED ASSET INVESTMENTS - continued`** ``` Investments (neither listed nor unlisted) were as follows: ``` ||**`2022`**|`2021`| |---|---|---| ||**`£`**|`£`| |`Cash in Transact portfolio`|**`7,650`**|`8,146`| ``` Thecharityowns100%oftheissuedsharecapitalofEalingCricket&SocialClubLimited,whose principal activitiesare the retailsale of goodsandservicesto the members of thischarity,EalingCricketCluband other activities to raise funds for Ealing Cricket Club. ``` ``` Thesubsidiarydonatesitstaxableprofitstoitsparentcharitablecompany,EalingCricketClub.The subsidiary madeapaymentfortheuseofthefacilitiesownedbytheClub,intheamountof£nil(2021:£11,640). The subsidiary owed the Club £186,459 as at 30 September 2022 (2021: £169,865). ``` ## **`14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`** |`Trade debtors`
`Other debtors`
`EC&SC Intercompany account`
`VAT`
`Prepayments`
`Accrued income`|**`2022`**
**`£`**
**`1,591`**
**`1,996`**
**`186,459`**
**`2,794`**
**`6,416`**
**`12,334`**
**`211,590`**|`2021`
`£`
`5,944`
`37,454`
`169,865`
`1,131`
`5,078`
`80`| |---|---|---| |||`219,552`| ## **`15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`** |**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**||| |---|---|---| |`Trade creditors`
`Social security and other taxes`
`Other creditors`
`PCC Intercompany account`
`Deferred income`
`Accrued expenses`|**`2022`**
**`£`**
**`5,265`**
**`4,212`**
**`49`**
**`70,411`**
**`6,560`**
**`28,411`**
**`114,908`**|`2021`
`£`
`6,443`
`617`
`4,532`
`81,275`
`54,609`
`12,684`| |||`160,160`| ``` continued... ``` ``` Page 22 ``` ``` Ealing Cricket Club ``` ``` Notes to the Financial Statements - continued for the Year Ended 30 September 2022 ``` ## **`16. MOVEMENT IN FUNDS`** |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Ian Goodridge`
**`TOTAL FUNDS`**
`Net movement in funds, included in the above are a`
**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Ian Goodridge`
**`TOTAL FUNDS`**
**`Comparatives for movement in funds`**
**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Ian Goodridge`
**`TOTAL FUNDS`**|`s follows:`
`Incoming`
`resources`
`£`
**`456,732`**
**`-`**
**`456,732`**|`At`
`1.10.21`
`£`
**`923,066`**
**`684`**
**`923,750`**
`Resources`
`expended`
`£`
**`(380,575)`**
**`(171)`**
**`(380,746)`**
`At`
`1.10.20`
`£`
`826,031`
`-`
`826,031`|`Net`
`movement`
`At`
`in funds`
`30.9.22`
`£`
`£`
**`46,344`**
**`969,410`**
**`(171)`**
**`513`**
**`46,173`**
**`969,923`**
`Gains and`
`Movement`
`losses`
`in funds`
`£`
`£`
**`(29,813)`**
**`46,344`**
**`-`**
**`(171)`**
**`(29,813)`**
**`46,173`**
`Net`
`movement`
`At`
`in funds`
`30.9.21`
`£`
`£`
`97,035`
`923,066`
`684`
`684`
`97,719`
`923,750`| |---|---|---|---| ``` continued... ``` ``` Page 23 ``` ``` Ealing Cricket Club ``` ``` Notes to the Financial Statements - continued for the Year Ended 30 September 2022 ``` ## **`16. MOVEMENT IN FUNDS - continued`** ``` Comparative 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`| |---|---|---|---| ``` 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`**|`At`
`1.10.20`
`£`
`826,031`
`-`
`826,031`|`Net`
`movement`
`in funds`
`£`
`143,379`
`513`
`143,892`|`At`
`30.9.22`
`£`
`969,410`
`513`| |---|---|---|---| ||||`969,923`| ``` A currentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedinthe above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Sam Kelso`
`Ian Goodridge`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`800,078`
`1,080`
`746`
`1,826`
`801,904`|`Resources`
`expended`
`£`
`(659,940)`
`(1,080)`
`(233)`
`(1,313)`
`(661,253)`|`Gains and`
`Movement`
`losses`
`in funds`
`£`
`£`
`3,241`
`143,379`
`-`
`-`
`-`
`513`
`-`
`513`
`3,241`
`143,892`| |---|---|---|---| ``` continued... ``` ``` Page 24 ``` ``` Ealing Cricket Club ``` ``` Notes to the Financial Statements - continued for the Year Ended 30 September 2022 ``` ## **`17. EMPLOYEE BENEFIT OBLIGATIONS`** ``` Thecharitablecompanycontributestoa pensionschemeforfouremployeesandanothercontinuing scheme foroneemployee(definedcontributionschemes).Thecostfortheyearrepresentsthecharity's contribution to these schemes of £6,459 (2021: £6,223). ``` ## **`18. RELATED PARTY DISCLOSURES`** ``` EalingCricketClub,acharitablecompanyincorporatedinEngland&Walesundernumber07625534 and charityregistrationno1141973,istheparentcompanyofEalingCricket&SocialClubLimited,its wholly ownedsubsidiary,whichinturnpurchasedtheentiresharecapitalof PremierCricketCoachingLimitedon 14 January 2016. ``` ``` EalingCricketClub,anditsimmediatesubsidiarycompanyarebothexemptfromtherequirementto prepare group accounts as they are both small companies at the head of small groups. ``` ## **`19. LEGAL STATUS OF THE CLUB`** ``` The club is a companylimitedby guaranteeand has no share capital.The liabilityof each member in 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. ``` ``` Page 25 ``` ``` Ealing Cricket Club ``` ## **`Detailed Statement of Financial Activities`** ## **`for the Year Ended 30 September 2022`** |**`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 & security`
`Light and heat`
`Postage, stationery, telephone`
`Advertising`
`Sundries`
`Match, coaching and cricket`
`Corfton Road ground expenses`
`Carried forward`|`2022`
`£`
**`66,536`**
**`44,135`**
**`110,671`**
**`23,390`**
**`54,725`**
**`78,115`**
**`76`**
**`108,818`**
**`14,449`**
**`141,936`**
**`265,203`**
**`2,667`**
**`456,732`**
**`62,042`**
**`12,872`**
**`6,459`**
**`3,720`**
**`4,851`**
**`2,451`**
**`1,904`**
**`-`**
**`10,746`**
**`112,845`**
**`26,177`**
**`244,067`**|`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`| ``` This page does not form part of the statutory financial statements ``` ``` Page 26 ``` ``` Ealing Cricket Club ``` ## **`Detailed Statement of Financial Activities`** ## **`for the Year Ended 30 September 2022`** |**`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`
**`Other`**
`Loss on sale of tangible fixed assets`
**`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`**|`2022`
`£`
**`244,067`**
**`73,557`**
**`5,284`**
**`-`**
**`10,071`**
**`15,738`**
**`4,888`**
**`-`**
**`6,200`**
**`4,095`**
**`12,320`**
**`376,220`**
**`326`**
**`4,200`**
**`380,746`**
**`75,986`**
**`-`**
**`75,986`**|`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`| ``` This page does not form part of the statutory financial statements ``` ``` Page 27 ```