**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 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 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