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2024-01-31-accounts

REGISTERED COMPANY NUMBER: 07756164 (England and Wales) REGISTERED CHARITY NUMBER: 1148878

Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 January 2024

for

Shropshire Cricket Board Limited (A Company Limited by Guarantee)

Caerwyn Jones Chartered Accountants Emstrey House Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG

Shropshire Cricket Board Limited

Contents of the Financial Statements for the year ended 31 January 2024

Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5 to 6
Statement of Financial Activities 7
Statement of Financial Position 8 to 9
Statement of Cash Flows 10
Notes to the Statement of Cash Flows 11
Notes to the Financial Statements 12 to 21
Detailed Statement of Financial Activities 22 to 23

Shropshire Cricket Board Limited

Report of the Trustees for the year ended 31 January 2024

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 January 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objects of the charity are to promote community participation in healthy recreation for the benefit of the inhabitants of Shropshire by organising, providing and assisting in the organisation or provision of facilities for playing sport - in particular, cricket. We are committed to supporting young people to live healthy, happy and successful lives by improving their physical and mental health.

Public benefit

We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities.

Page 1

Shropshire Cricket Board Limited

Report of the Trustees for the year ended 31 January 2024

STRATEGIC REPORT Achievement and performance Charitable activities

Reflecting on 2023, it proved to be a record year in a lot of areas across the organisation.

Our turnover increased, which is largely in part to having to look for funding streams outside of the traditional ECB funding pots.

We have increased our Schools and Community work, Chance to Shine income almost trebling in the past two years, with 4 STREET Programmes launched in September 2022 increasing to 6 in September 2023. Primary schools budget has more than doubled and we are now delivering to over 80 schools whether full programmes or single engagement days. With over 12,000 pupils being able to get a bat in their hands.

We are also increasing the volume of Local authority funded schemes with Summer Camps, Half Term sessions in MUGA's around Telford and Wrekin ensuring we are in the areas who have the least opportunities. Apart from the positive experience for the participant this has also grown our young workforces' life experiences.

We have also supported refugee and asylum seeker projects via Energize (County Sports Partnership), Shropshire and Shrewsbury Town Council.

Sacha Lee was recognised at the national Chance to Shine Awards for her work in the community, which was richly deserved following the rapid growth of the activity in this area during the past two years.

We have partnered with Embrace PE and Brightstar Boxing to deliver two projects using sport to provide skills to re-enter the work place for those who have been long term unemployed or out of education. This has been funded by the UK Government as part of their Levelling Up initiative, with Shrewsbury Town Foundation driving the referrals process and us being the delivery team.

With regards to our team, to satisfy the increased demand, we have employed two more full time coaches (Lara Jones and Harry Bolland) during the last financial year along with being able to offer a full time role to Ben Smith who completed his coaching apprenticeship (with a distinction).

We have a young team and it is particularly encouraging to see the growth in these individuals as the business grows, with new opportunities being afforded to them as they gain experience.

Our Disability cricket reach is now across all corners of the County thanks to the focus of our Disability Development Officer Tyler Ibbotson, which has seen him delivering in Primary, Secondary and further education SEND settings.

Women and Girls cricket continues to astound with a 12 month programme being facilitated by our Women and Girls Officer, Katie Rushton. Summer Leagues and Winter Leagues have grown and are firm fixtures on the calendar. The growth can be measured by us having to provide a stand-alone Women and Girls Presentation night which was over-subscribed.

In addition to playing, the ladies are also taking officiating and coaching courses to further enhance their journey and make the game even more self-sustaining.

Focus for 2024 is to ensure the Women and Girls sections are embedded into the clubs.

The winter of 2023 saw us implement a change to our Performance Programme, where we have levelled up the Pathway (14+ Boys and Girls) with the 13 and Under programme, now known as the Regional Development Programme. With a subsidy from ECB, it has enabled a lot more youngsters to access coaching on the pathway increasing numbers in the Under 13 Boys and Girls.

Junior leagues continue to grow, but were weather affected during a wet July, so completed games are lower and one set of cup finals at Under 13 has been carried over to 2024.

We saw record numbers of All Stars and Dynamos which was boosted by both ECB bursaries and working in communities and clubs during the summer holidays. With increased female participation increasing from 23% to 27%.

Page 2

Shropshire Cricket Board Limited

Report of the Trustees for the year ended 31 January 2024

Our EDI journey continues at pace with workshops in club settings with committees and members now at the heart of our conversations. Officials and the League are taking a really proactive stance on discrimination, with more reports coming in but being dealt with robustly, in previous years where no reports were received we thought we were doing well, when we knew discrimination was occurring. Now it is being reported and dealt with, so the messaging from the workshops is having the impact we had hoped. Ultimately we don't want masses of reports we want everyone to be respected and feel that cricket is a game for all.

Financial review

Financial position

The Statement of Financial Activities on page 7 shows total incoming resources of £603,697 (2023 £524,910) and net outgoing resources of £593,389 (2023 £513,054) for the year.

Reserves policy

Unrestricted funds stand at £134,370 (2023 £124,062) which are held to cover the expenditure required for the coming year. The charity intends to build up those funds and maintain them at such a level which is appropriate to the risks which the charity faces, in order to provide protection for the Charity against unforeseen adverse financial circumstances. Restricted funds stand at £nil (2023 £nil).

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees

The subscribers of the Memorandum and Articles of Association and such other persons as shall be admitted to membership in accordance with the Articles shall be members of the company. The Board of Trustees has the power to appoint any persons to be a trustee, subject to re-election at the next Annual General Meeting.

Organisational structure

The Chairman oversees the operation of the charity, assisted by a small management and administration team.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

07756164 (England and Wales)

Registered Charity number

1148878

Registered office

Wrekin College Sutherland Road Wellington Telford Shropshire TF1 3BH

Page 3

Shropshire Cricket Board Limited

Report of the Trustees for the year ended 31 January 2024

Trustees P Mitchell resigned 11.05.23 J Foster R E Twigg A C Collins (Chairman) T A Bloor resigned 11.05.23 S M Lee resigned 11.05.23 D White J Leach N Hird D Caine resigned 11.05.23 Z Kaji J Good appointed 11.05.23

Independent Examiner Caerwyn Jones Chartered Accountants Emstrey House Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG

Bankers

Barclays Bank Plc 44-46 Castle Street Shrewsbury Shropshire SY1 2BU

Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 22 April 2024 and signed on the board's behalf by:

A C Collins - Trustee

Page 4

Independent Examiner's Report to the Trustees of Shropshire Cricket Board Limited

Independent examiner's report to the trustees of Shropshire Cricket Board Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 January 2024.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Page 5

Independent Examiner's Report to the Trustees of Shropshire Cricket Board Limited

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

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

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

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

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

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Helen Pierce FCA

Caerwyn Jones Chartered Accountants Emstrey House Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG

22 April 2024

Page 6

Shropshire Cricket Board Limited

Statement of Financial Activities for the year ended 31 January 2024

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
64,884
Charitable activities
4
Cricket Board charitable operation
442,972
Investment income
3
2,362
Other income
1,000
Total
511,218
EXPENDITURE ON
Charitable activities
5
Cricket Board charitable operation
439,937
Other
60,973
Total
500,910
NET INCOME
10,308
RECONCILIATION OF FUNDS
Total funds brought forward
124,062
TOTAL FUNDS CARRIED FORWARD
134,370		 Restricted
funds
£
92,479
-
-
-
92,479
92,479
-
92,479
-
-
-		 2024
Total
funds
£
157,363
442,972
2,362
1,000
603,697
532,416
60,973
593,389
10,308
124,062
134,370		 2023
Total
funds
£
95,578
428,276
56
1,000
524,910
461,746
51,308
513,054
11,856
112,206
124,062

The notes form part of these financial statements

Page 7

Shropshire Cricket Board Limited

Statement of Financial Position 31 January 2024

Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
11
32,264
CURRENT ASSETS
Stocks
12
1,000
Debtors
13
28,078
Cash at bank
236,806
265,884
CREDITORS
Amounts falling due within one year
14
(148,028)
NET CURRENT ASSETS
117,856
TOTAL ASSETS LESS CURRENT LIABILITIES
150,120
CREDITORS
Amounts falling due after more than one
year
15
(15,750)
NET ASSETS
134,370
FUNDS
18
Unrestricted funds
TOTAL FUNDS		 Restricted
funds
£
-
-
-
22,750
22,750
(22,750)
-
-
-
-		 2024
Total
funds
£
32,264
1,000
28,078
259,556
288,634
(170,778)
117,856
150,120
(15,750)
134,370
134,370
134,370		 2023
Total
funds
£
39,237
1,000
32,095
238,440
271,535
(161,960)
109,575
148,812
(24,750)
124,062
124,062
124,062

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The notes form part of these financial statements

continued...

Page 8

Shropshire Cricket Board Limited

Statement of Financial Position - continued 31 January 2024

The financial statements were approved by the Board of Trustees and authorised for issue on 22 April 2024 and were signed on its behalf by:

A C Collins - Trustee

The notes form part of these financial statements

Page 9

Shropshire Cricket Board Limited

Statement of Cash Flows for the year ended 31 January 2024

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Interest received
Net cash provided by/(used in) investing activities
Cash flows from financing activities
Loan repayments in year
Net cash used in financing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end
of the reporting period		 2024
£
27,754
27,754
-
2,362
2,362
(9,000)
(9,000)
21,116
238,440
259,556		 2023
£
42,438
42,438
(1,202)
56
(1,146)
(9,000)
(9,000)
32,292
206,148
238,440

The notes form part of these financial statements

Page 10

Shropshire Cricket Board Limited

Notes to the Statement of Cash Flows for the year ended 31 January 2024

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES OPERATING ACTIVITIES
2024 2023
£ £
Net income for the reporting period (as per the Statement of
Financial Activities) 10,308 11,856
Adjustments for:
Depreciation charges 6,973 6,075
Interest received (2,362) (56)
Decrease/(increase) in debtors 4,017 (12,898)
Increase in creditors 8,818 37,461
Net cash provided by operations 27,754 42,438
2. ANALYSIS OF CHANGES IN NET FUNDS
At 1.2.23 Cash flow At 31.1.24
£ £ £
Net cash
Cash at bank 238,440 21,116 259,556
238,440 21,116 259,556
Debt
Debts falling due within 1 year (9,000) - (9,000)
Debts falling due after 1 year (24,750) 9,000 (15,750)
(33,750) 9,000 (24,750)
Total 204,690 30,116 234,806

The notes form part of these financial statements

Page 11

Shropshire Cricket Board Limited

Notes to the Financial Statements for the year ended 31 January 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Grants are recognised when entitlement to the grant is confirmed.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Allocation and apportionment of costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs have been allocated between governance costs and other support costs.

Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

Support costs include central payroll costs which support the charity's programmes and activities. These costs have been allocated to other expenditure. The breakdown of support costs is set out in note 4 to the financial statements.

Tangible fixed assets

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

Equipment - 25% on reducing balance Office building - 10% on cost Computer equipment - 33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

continued...

Page 12

Shropshire Cricket Board Limited

Notes to the Financial Statements - continued for the year ended 31 January 2024

1. ACCOUNTING POLICIES - continued

Taxation

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

Fund accounting

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

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

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

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charitable company pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Financial instruments

The charitable company has financial assets and financial liabilities of a kind that qualify as basic financial instruments.

Basic financial assets, including trade other receivables and cash and bank balances are initially recognised at transaction price and subsequently carried at amortised cost with an assessment for objective evidence of impairment. Any impairment is recognised in profit and loss.

Financial assets are derecognised when (a) a contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards or control of the ownership of the asset are transferred to another party.

Basic financial liabilities including trade and other creditors are initially recognised at transaction price and subsequently carried at amortised cost. Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

continued...

Page 13

Shropshire Cricket Board Limited

Notes to the Financial Statements - continued for the year ended 31 January 2024

2.
DONATIONS AND LEGACIES
Grants
3.
INVESTMENT INCOME
Deposit account interest
4.
INCOME FROM CHARITABLE ACTIVITIES
Activity
ECB income
Cricket Board charitable operation
Performance programmes
and EPP
Cricket Board charitable operation
Summer festivals
Cricket Board charitable operation
Marketing and
sponsorship
Cricket Board charitable operation
Affiliation fees
Cricket Board charitable operation
Recreational and other
income
Cricket Board charitable operation
5.
CHARITABLE ACTIVITIES COSTS
Cricket Board charitable operation		 2024
£
157,363
2024
£
2,362
2024
£
288,532
56,873
24,238
10,040
7,150
56,139
442,972

continued...

Page 14

Shropshire Cricket Board Limited

Notes to the Financial Statements - continued for the year ended 31 January 2024

6.
SUPPORT COSTS
Governance
Management
costs
£
£
Other resources expended
58,073
2,900
Support costs, included in the above, are as follows:
Management		 Totals
£
60,973
2024
Other
resources
expended
£
Wages
53,520
Social security
3,644
Pensions
909
58,073
Governance costs
2024
Other
resources
expended
£
Accountancy and legal fees
2,900
7.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
2024
£
Depreciation - owned assets
6,973
Independent Examiner's fees
1,100		 2023
Total
activities
£
44,354
2,646
708
47,708
2023
Total
activities
£
3,600
2023
£
6,075
1,100

continued...

Page 15

Shropshire Cricket Board Limited

Notes to the Financial Statements - continued for the year ended 31 January 2024

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 January 2024 nor for the year ended 31 January 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 January 2024 nor for the year ended 31 January 2023.

9. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs		 2024
£
178,670
18,528
15,304
212,502		 2023
£
176,503
12,023
12,054
200,580

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

Direct charitable work staff
Administrative staff		 2024
5
3
8		 2023
5
3
8

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
43,539
Charitable activities
Cricket Board charitable operation
411,804
Investment income
56
Other income
1,000
Total
456,399
EXPENDITURE ON
Charitable activities
Cricket Board charitable operation
393,235		 Restricted
funds
£
52,039
16,472
-
-
68,511
68,511		 Total
funds
£
95,578
428,276
56
1,000
524,910
461,746

continued...

Page 16

Shropshire Cricket Board Limited

Notes to the Financial Statements - continued for the year ended 31 January 2024

10.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
fund
funds
£
£
Other
51,308
-
Total
444,543
68,511
NET INCOME
11,856
-
RECONCILIATION OF FUNDS
Total funds brought forward
112,206
-
TOTAL FUNDS CARRIED FORWARD
124,062
-
11.
TANGIBLE FIXED ASSETS
Office
Computer
Equipment
building
equipment
£
£
£
COST
At 1 February 2023 and 31 January 2024
5,222
53,773
2,485
DEPRECIATION
At 1 February 2023
5,080
16,132
1,031
Charge for year
142
5,377
1,454
At 31 January 2024
5,222
21,509
2,485
NET BOOK VALUE
At 31 January 2024
-
32,264
-
At 31 January 2023
142
37,641
1,454		 Total
funds
£
51,308
513,054
11,856
112,206
124,062
Totals
£
61,480
22,243
6,973
29,216
32,264
39,237

continued...

Page 17

Shropshire Cricket Board Limited

Notes to the Financial Statements - continued for the year ended 31 January 2024

12.
STOCKS
Stocks
13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
14.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other loans (see note 16)
Trade creditors
Accruals and deferred income
15.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Other loans (see note 16)
16.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Other loans
Amounts falling between one and two years:
Other loans - 1-2 years
Amounts falling due between two and five years:
Other loans - 2-5 years		 2024
£
1,000
2024
£
15,362
12,716
28,078
2024
£
9,000
4,543
157,235
170,778
2024
£
15,750
2024
£
9,000
9,000
6,750		 2023
£
1,000
2023
£
18,527
13,568
32,095
2023
£
9,000
2,882
150,078
161,960
2023
£
24,750
2023
£
9,000
9,000
15,750

continued...

Page 18

Shropshire Cricket Board Limited

Notes to the Financial Statements - continued for the year ended 31 January 2024

17. SECURED DEBTS

The following secured debts are included within creditors:

Other loans

2024 2023
£ £
24,750 33,750

The other loan is secured by a personal guarantee given by A C Collins, a trustee of the charity.

18. MOVEMENT IN FUNDS

At 1.2.23
£
Unrestricted funds
General fund
124,062
TOTAL FUNDS
124,062
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
511,218
Restricted funds
Chance to Shine
92,479
TOTAL FUNDS
603,697		 Net
movement
At
in funds
31.1.24
£
£
10,308
134,370
10,308
134,370
Resources
Movement
expended
in funds
£
£
(500,910)
10,308
(92,479)
-
(593,389)
10,308

continued...

Page 19

Shropshire Cricket Board Limited

Notes to the Financial Statements - continued for the year ended 31 January 2024

18. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement At
At 1.2.22 in funds 31.1.23
£ £ £
Unrestricted funds
General fund 112,206 11,856 124,062
TOTAL FUNDS 112,206 11,856 124,062
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 456,399 (444,543) 11,856
Restricted funds
Chance to Shine 68,511 (68,511) -
TOTAL FUNDS 524,910 (513,054) 11,856
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement At
At 1.2.22 in funds 31.1.24
£ £ £
Unrestricted funds
General fund 112,206 22,164 134,370
TOTAL FUNDS 112,206 22,164 134,370

continued...

Page 20

Shropshire Cricket Board Limited

Notes to the Financial Statements - continued for the year ended 31 January 2024

18. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming
Resources		 Movement
resources
expended		 in funds
£ £ £
Unrestricted funds
General fund 967,617 (945,453) 22,164
Restricted funds
Chance to Shine 160,990 (160,990) -
TOTAL FUNDS 1,128,607 (1,106,443) 22,164

Purposes of Restricted Income Funds

Chance to Shine : The Chance to Shine Foundation provides funds to the charity for the purpose of promoting the playing of cricket in local schools.

and after more than one year.

19. COMPANY LIMITED BY GUARANTEE

The charity is constituted as a company limited by guarantee.

Page 21

Shropshire Cricket Board Limited

Detailed Statement of Financial Activities
for the year ended 31 January 2024
INCOME AND ENDOWMENTS
Donations and legacies
Grants
Investment income
Deposit account interest
Charitable activities
ECB income
Performance programmes and EPP
Summer festivals
Marketing and sponsorship
Affiliation fees
Recreational and other income
Other income
Government grants
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Social security
Pensions
Office costs
Club development
Legal, professional and consultancy fees
Performance programmes and EPP
Chance to Shine and Lords Taverners
Recreational and other expenses
Bad debts
Depreciation of equipment		 2024
£
157,363
2,362
288,532
56,873
24,238
10,040
7,150
56,139
442,972
1,000
603,697
125,150
14,884
14,395
30,915
22,458
17,737
152,879
66,136
80,889
-
6,973
532,416		 2023
£
95,578
56
263,197
62,270
21,650
13,892
7,365
59,902
428,276
1,000
524,910
132,149
9,377
11,346
18,206
26,163
18,785
130,178
41,214
68,143
110
6,075
461,746

Support costs

This page does not form part of the statutory financial statements

Page 22

Shropshire Cricket Board Limited

Detailed Statement of Financial Activities for the year ended 31 January 2024

Support costs
Management
Wages
Social security
Pensions
Governance costs
Accountancy and legal fees
Total resources expended
Net income		 2024
£
53,520
3,644
909
58,073
2,900
593,389
10,308		 2023
£
44,354
2,646
708
47,708
3,600
513,054
11,856

This page does not form part of the statutory financial statements

Page 23