R•gl$t•r•d nwnb•r: 08332138 Charlty numb•r: 11S2024 HAMPSHIRE CRICKET FOUNDATION (A Company Ilmit￿ by guarant•a) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 (A coryw lknlt•d by gu•ranl•• TfU•tM•' r•port d•p•nd•nt •x•mIn￿$ r•port St•t•m•nl ollnanclal actlvlll BI￿n¢* 10 HAMPSHIRE CRICKEf FOUNDATIC*I Re￿ENcE AND ADIIINISTPATIVE DET*U OF THE WRifY. ITS TRUSTEES AND ADVISERS FOR THE YEfvJI ENDED 31 DECEIABER 2023 Tru¥te•• A K Dhadra C L M Jon88 L G Nithons {re*J 9 P4Wt 2023) 8 J Thompaon N J L Treslrail H G KL* 8 Nty4enknr 20231 CompMy r•gl¥lv•d numb•r 08332138 Ch•rlty r•9lsknd numbv 1152024 R•glst•r•d offlc• BOW Ro*1 We51 EThJ S030 3XH JBn*s Ctr*p•r Krnston ￿1{ 9th Floor The While BU￿￿￿ 14 cumbW￿nd P Swtr3mplc Hanwshlre S015 2NP HS8C UK Rc Hampthrn S014 70Z 8ollcllorn Pa1*5 Smih 1 Lon(*)n Road Hampsh¥• So15 2AE Pa98 1 HWSIIIRE CRICK￿ FOLIMDATI¢JN TRUSTEES. REPORT FOR THE YE￿ ENDED 31 DECEIIBER 2023 repJt vAth th& fNn¢ial Staterr￿nts offv cha1￿Y fix Ihe yaarèrmlthd 31 Dèeèmb8r2023. Th• fM)•n¢lal statoments ¢￿Y thg C1w￿0$ Acl 2011. C￿16$ Act 2fJ)6. lh8 memor￿durn and fvaticle5 01 Association. and *KI Reportkng ty chari11￿". Ststerr￿I ol Rgwmfflended ￿a¢a1¢8 applicgtrAg to chartt8s pr8￿rg they accounts ￿ arxordanc• FThwal R0FtitrvJ akWcobl8 in the UK and of trelar¥J (FRS 102) lefffjctlw l Jarnary2019}. H8fflpshKe Cricket F4)und*ion 18 • registeréd (Rewthd Nmber 11520241 •nd 8 Conw Lwnhd by Guawanlee (Rogi5tered Nuthr 83321381. Th tharity was licopyatsd on 14 Déc8nts 2012 and 89 •nw#18d by speclel rnsokrfm reglsterod at Companies H¢x8e crt 14 W2013. Ils adv11￿ ￿ 9ry4wngd ty hs Man￿rand￿n and Ariths of Assodalh)n. R•gl*t•v•d Offi￿ •dth*• T￿ oiftt address of Hampskn CiKk•t is: Ulllits BoU•y Road. W•st EThl. s￿￿h1n￿. s030 3XH N Trestrall. Cl R efansgro L G Ni¢holls (re￿n6￿ 91h A￿U81 2023) B J Thompson A K Ohadra C L Hwwood MJor H G Kutty (appolntèd 8th N¢￿￿ 21)23) Tr•••ur•r S J Exloy FCA FCCA b8r*frts ¢r exp•nsas from the charity. Trustees are elec￿ lo sem for an indef*ite pthiod a mlnlmum ol one Ihird ol trustees must reb.re eath •ft•r whith musl bo ro-gb9¢tsd at ￿ ￿xI Anwal G￿r￿1 meeb"ng. A new Iru¥tee may ￿ a￿￿{•1 ty ordinary reSo￿tIon al a 9eneral meetr.ng or by dher dire¢lcYs at 8 Pap2 HMAPSTrIRE CRICKET FOUNDATIOM TRUSTEES REPORT (CONnMVED FCII THE YEAR ENDED 31 DECEMBER 2023 Org•nknation•l Stru¢tur• Thè day to day OperatM￿ d the ch¥ty is OTh a basi5 by Ihe tfUslee5 wih ¥okJnlw 5UPPOrt Irorn w*mbers of HamFfjhre Slathm Limited 51aff. The Iru5t¢gs rvtstn all dewion rnakry p￿rterS delegate SP￿1￿ roles and responsibilti•s as d￿alled in th8 of Trustee meelinos. Th8 Tntsl•8s roly tho exco18rt rela￿nth1p rhrth ts Sernx M¥Tragernenl T?8m5 of br>th ￿1￿05￿7 Stsdium Lhniled lh¢ Hwnpshlw CrKket Board Lknh8d to guld8 thg day to day aCtsvIt￿ of the tharity In t ndr8lswvJ ond do￿¥•ry. Athltloj And ObJe¢O*• ObJ•¢tlv•• of th• H•mp•hh Cr6¢k4t F(wfidth. To en¢ow89e d8vok4) a h•arny suslaknabl•I18sty￿ fLY wig p8opb• by thè wthrf$ton of8POrt, rweatIO￿ ?￿j lei$ur• faci￿•$ aknod at Ihoso TAkn. by ¥11h￿ of sod•l arts ocorwnk CIr￿MStan￿. are oll*n¥lse exdud•d. To ullllse Ih? pvofesslonal OXFwUse and fathim ol H￿p$I￿re Stathum Limit￿ and Hampsh*e Crlcket Board lo encouragtr heallhy re¢reatKJn and social thro￿ parti(ipatK￿ in sp(Kt aThJ. in partirxjlar. or9arNsgd crick￿. ) Whgre 8Fyoprot*. to Miib#ts¥8s offar fitrsamng c* life-SUpp￿%￿l9 lrfllalfves. Page 3 HAMP5Tr1RE CRICKET F￿NDATION TrVSTEW AÉpoRr ICOMTh￿l) FOR THE YEAR ENDED 31 OECEIIBEft 2Q23 Ivlll•• •nd ObhdlTM (eofillN•d) Tha Hampshlrn C￿Ck•1 FcAJndelTh was u•atod trj ¥iwryt local p8(* and In porfh>Jar lo SUN￿rt oj•¢ts In bcal Comnm￿lty. ng th•1ost >par the has a nunknr of for dwitw 8Th1 0rwlsal￿Trs wllhkn our ounty. speari￿lly. these prcpcts we at p* from commw*ties to bgnofrt frorn lh• We have c￿lI1U¢d lo supwt tr* Ha¥A(s AcathThry w4èd *tid) we lathxtfftl In 2022 glves opportuniti0s for ¢I￿l￿ren In preyi¢Mxty ￿KIer 5erwed utt>8n ¥eas WO￿ nol oth￿198 havo aet•ss to tr* pkny ￿ our Acadwty pathwaytearn. kn 2023 wè donated £23.870 kn th8 Academy Prityrammo. Brbhton Hil Yi 8asing$toko. Wo b81ieb* Ihat th8 donatbjns m￿Je by tho F￿Ny¥twI ar& Pla￿ng a hu rok• kn our region in breakffig dtr*n th• bafn•rs of **y to portKyt¢ kn Crl¢ket ath1 Increastrbg parttclpation throughout the rn9￿n. obj•c1￿ is tr) rol trws WLi•Ct inkn the Sdwl kn P(¥rlrnlh In 12 months. Tho Foundation has 8UFVOrt•d Owse rxryr4n¥ros Ilww tha of ffirsl class rmthlryJ bmo, ￿1. equlpment and lac41ilhs. t￿r[n9 2023 we *ve thl¥hied lo fund the ol ? new bb8r8py hors• calknd Glwia al a cost of £10.C for Soulh D¢Mi$ Eqth Therapy who offor thwapy thtropeuk ndirKJ lo child￿n and 51)ung p￿p10 wllh physical 8rfMVor d￿￿&$. aulisrn. car•tnl pasy. ttM)se w￿1h special educ8th)￿l fi•e(Is. hlgh19vg1s of anxtety In¢￿dIng no￿SChool atténdets •Juits w4h 18•ming (fisabilrtlos. The s8pAce also works with Wo were thril•d to thjwte £5,IXIO b) the E￿1 Fcod Centrt. by Kings Cmur4ty Chur¢h. Ihal provides fvod kn fami&ts stsug¥iiv4 n with Hanyhir• Stath"um ￿Mile￿ we haw also abb• lo pr04*10 Fc#)d Heath & Safety tralrty lor mwy of thé ￿ljnt&•rs at the Fo&J barl(. Thè dmiity r¢lias a pwt liTr• lun(kaw. a Ha*ks aTrY vt4urrf￿ stsff ol HampshlTe Stadium Lifflit¢d. IIAWSfrMRE CRICKET FOUMDATIOM TAUSTEES. IIEPORT ICOKTR4UED) FOR THE YEAR £l￿D 31 DECEMBER 2023 FlThan¢lal f•¥l•w Thè d￿rity •KuNod a Surp￿ of £119.638 1x122". surplus ol £39,8951 in the year after making charltab donafyons of £38.870 12022.. £42.066). The ac¢umutsled fvnd$ at the >tar*ThJ stood at Q75,339 12022.. £155,701}, all of wthlth is deem￿ io ￿ Lmreslrthd. ch•￿Y reseryes are rnonitoTed •1 ¥a¢h Iruslo9 mg91ing d the reseN8s policy is rn¥1￿•d oNx4aty. In¢lpal fvndlng sour Tho Lharity r¥Asts luThl$ Ifom ¥(knt￿ *ioJn*. fur*lrais•Yd •v•nlg. th• FW4ision of grant ahl fundin9. Funthal*ln# Section 182a of Ihe Ch*itM Ad 2011 requi￿$ Ch￿thes *) make a ststsmenl warding fundraisiry 8etwitie#. Ihough we do underlake T￿Pread frc*n th? gener* wb1￿. the ￿r&I￿10￿ defines fuNI ratsing as"80&¢ibng or cth9￿1$9 wowir•J or Llher property for charilabl8 purposes." Su¢h amounts rocdvablg are presented in ￿ acts)unls 8s-¥0￿￿8ry and inch*lè1•gaci&s arml ￿ts. In relallon to Ihe abow wo ¢onfimi thal •M ar• managod intomaly. wrthout fftlveff*nt ol ¢<¥nn￿r￿aI pwtiwalors or professhThal ftwwJ4aise￿. or thwd part*8. The day to day management of all income geTrernt￿ is d•legatsd to lh• ex￿rtI¥• tw of Hanwshwo Sl*Jium Lwniled. a¢¢ountabl¢ to Iho The ¢h•rity is rnt bound by ary to be bmd by reW￿ry sch•me and Ihe charity nol consider it necessary lo c(xntty ¥(W co(* (Iwa(￿¢￿. We hav¢ r¢¢gi¥ed rKt Complaints ￿ rek*#)n to Xlpiitsès. Our of empWnt r•qthr8 staff to behave Teasonatdy al al Iomes: and 89 ￿ do fftol approach InlthvK￿ls lor Imds wè dts not CO￿lder il necessary lo sp8cific to suth acimlies. Th• Foundation l*• to l&*• thlg to exwess tts lo Pétsirnmon Hom&9. Rod Ill•k ktsnaoement The major risk to the charity rs securiTVJ 5UPPOrt IroryT Hampshlre Stodium Lwniled currenl provides operat*)nal aNJ delh￿ry faaliti8s and makes fm8ncial contribul￿n5 to tho thBrity. MalntsOniNJ tho relatknnship with Ha￿v5hre Stadwjm Lwnited is a key priorily for lh• ¢wly r8ports ol th¢ ¢h**y'$ ffl￿& to Hampshire Sladium Linited Dr8Ctus on a monthly bass. Alongskla thls ￿ft8￿p rn•iapmert. wlKI9 a suslaknablo unfest￿0d ir)come gènèratlon stroam ¢￿tinU$S to be a kgy oLigctsvo g￿alK￿ straiegy. Th• Trustees Ihat tho charity has an Going Conc•rn The Twstets ha¥e thje w•rd lo the gciry ￿)nr￿ aswwlKin and have conduded that Ihe posillvg l&veL ol general resorves. a healty cash baknce. the reduced W of fixed costs and lh8 continugd support from Hampshire Citk•t Company Limilad. means Ihat t￿ pir4J conc8rn basis T•rnainS appropriatè of these fina￿la1 $t4tèm8nts. Further drt•ls r8gardirYJ the •&¥ih)n of lh& 9ts¥￿ o)n¢wn bw$ w bo found in Note 1 to tho nancbal stslements. Page 5 HW*HIRE CRIC￿ FCXINDATII)N TRUsT￿s. REPORT i¢oKfw4UÉD) FOR YEAR ENI>ED 31 DECE￿ER 2023 Trust d80d. IA•thod• of •ppplnkn•nt or •tsctlon ofTrn•t• The n70nagemerf of Ihe Charity Is the the Tn*tees Tkn ￿ •l¥r*d and (troptad undtr th tofft￿ oflhg Trust de¢d. Tha Tntstees are al* th6 of O* Chwty the pwp¢>sos ol ¢cfflpary18wl are responsltyg for prepafing Itle Tru$t8es' rgPQrt Ihe In￿(1#1 sts1•m￿ts kn ac¢ord•Ke appkth law Unil•d Kingdom Standwds le urvJ8r S415A ol tho Page 7 IIAMPSHIRE CRICKE[ FOUIIDATION FOR TrE YEAR EIXIEO 31 DECEMBER 2023 lTrd•p•nd•n¢ Ex•mln•rf• R•wt trj th• TnMIM• •lHamW*• Crkknl F•wMtstlon fth• Ch•rfl l to th• charfty Trust•es rn my of th8 ol Cmily lh• •rrtl•d 31 December 2023. R••pon•lblHll•• •nd 8a•h ol R•wt As Ihe Tru51ees ol th• Ch8rily laThl its drecth Ihe P￿pose5 of cryany lawl ￿ aro Tesponsit40 for the prèporati￿ ofttw acetsffits in ac¢C*d￿￿ *lth the Iwir￿lS ￿ Ihe COmpwi￿ Aci 2trfJ6 fthe 2￿6 Acr). Hamng saI￿r￿d myseN Ihal ts acc￿￿$ of the Ch*ly are rK>t réquired ts) bo 4urf*od und•r Part 16 of ** 2008 Ac¢ and arè •ligiblo for ￿deP￿dent I rep￿¢ in r•spKt of my ox8fflin8tion ol the Charitys acwunt8 carried out under 145 01 ts Chaiilies Ad 3)11 (Y* 2011 Acr}. In ¢*￿n0 out my •xamknoth)n I hav8 folbJw•d the DiredKJns by Charity WKlgr sgclh)n 145(SXb) ol the 2011 Act. I havè comW8ted my no matters ha￿ c(xn• to my thnlion ￿ ¢Mr*aion ￿•th Ihe a¢cwnl"ng r¢¢(￿￿¥ 4wro not k•pl in resp•ct ol lh• 89 rthwif•d by sec11￿ 386 oftho 21Xrf Act: or any r0￿ment that lh• acC•￿ts k4ve a T￿¥th is a matter considtred a$ parl of an independent ex•mAMIKM: t Recornme￿ed Practice for and rep￿Irty ty ¢h*ill88 [appIl￿bIg to charttios preparkn9 their accounts in accordance FK)and81 SL*Mlard In the UK arKI Repubk of Ireland (FRS 102)1. att*nliLJI should be ti) trds f•Fth in orthr to enth a propor uThlorslandhvJ ol thè %ts)unt8 to b• r•8th8d. is mado to the CPwiV8 TnJst••& as a tw)thy. •? acc0th￿ T*lh Part 4 of Ihe Charhlas (A¢¢(￿nIS and Réports) Régulauons 2008. My has bg•n ￿￿orlak•n so Ihat I migthl state to th• Charitys Trust￿$ those matters l am re¢•Ked to state to tlwn In¢J•pgndwbl 8¥ornu*rf$ rot¥)rt and for no other purpose. To lullost oxient Pgrfflitlod ty law. I do acc•pl Of a$swm• r•sponslbHlty to ans(¥)• other Ihg Cknty and the Charfty8 T as • body. for my wc•k orlor tas r•prt Si9ned: Michael Bath BS¢ FCA DChA IS¢Mr St•tskny*A*Jkn Janxs Krestcn AJJ&t The Whit• 8uihJkng 14 OJmb8rfand Place Southanpt¢n S0152NP Page 8 IIAIIPSHIRE CRICKET FOUNOATIOM compay knilt•d ty gu•rMth•l STATE￿NT OF FINANCIAL ACTMllES (WICORPORAT*IG WCOME AND EXPENDITURE ACCOLINTI FOR TbE YEAR ENOED 31 DECEMBER 2•23 UM•strlcl•d fvnds 2023 Total funds 2023 T(Jtal funds 2022 lrtomtr Irom: Donalions and legacies Ch•ilablg Investrnents 32,631 64501 134 42,859 70.674 64XIi Tot•1 Incom• 1M,273 101,273 113.533 Exp•ndllur• on: RalsiTr3 lunds Charftsb￿ athiliès 26.974 (45,339) 26.974 145,339 14, 793 58.845 Total •xp•nd#w• (11,3 {18.3651 73,638 N•t mov•m•nt In funds 119.638 119,8J• 39,895 R•¢¢￿Il•tIOn of fwd•: Total funds t*￿gh1 Nel movement in funds 1SS,701 119.638 155.701 119.638 115,806 39.895 Total ffund¥ &inl•d torw4rd 275.339 275.339 155.701 The Statsment of Flnanrjal A¢￿th$ all and kjssu rac4)￿15•d In the yaar. The notes on p•)es 1110 18 fum wl Of1h￿ fl)￿)•1 slat6mwl& P¥Je 9 •IAMPSHIRE CIUCKEf FOUNDATION c¢mp•Thy Ilmlt•d by gu•rnnt••l REGISTERED MUIIBER: 08332138 AS AT 21 DECEMBER 2•23 2023 2022 Cwr•n¢ ••••t• Debtors Cash al bwk ￿ In hwMI 12 49.281 176.635 276.183 ?￿.789 2A916 Credilorn: anKwnls falfin9 ¢kn within 13 1&4S•) 0.215) N•t ¢urrnnl asmis 275,33• 155, 701 T•t•l les• eurr•nl Ilabllltl•• 2Th33• 155.TOI Not M••ts •x¢ludkng p•nsloTh aM•t 275.339 155.701 Tot•1 n•t ••*•ts 27&339 155.701 Charfty fiAid¥ 14 14 274339 155.701 Tolal lund• 274339 155,701 The meffjbws I￿• not cts7y•ry lo an for qugslM)n in ￿¢￿danc* 7hilh seciicn 476 clConyni•s kt 2LTh. The Twstees ackrM)wledge lh￿r resP￿S1b1￿t￿5 lry roqwemenls of re¥*d to attouniir¥J r¢corOs wepor•lion of fina￿ stalwnents. Th& Ilrwnc481 ststem•nls thavo bfj￿ th• 4ppllcaNe lo enlit*$ lo the small ¢orroanlès rtglm•. The Tr￿￿01 St*rn￿lS vffjre 4pwo¥*d aTrJ a￿*￿r￿0￿ *y15SUg by TNst88s and slgn•d on Ihw behal by. RGBrn Trustee . WZ* The notes on p89os 11 to 18 port fmvKial statements. P8ge 10 HAIIPSMIRE CRICKET FOLINDATION IA company Ilmltsd by guw•nt••) NOTES TO THE FWANCIAL STATEPAENTS FOR TIE YE•R EIA)EO 310ECEII8ER 2023 G•n•r•l Inforrnal Hampshire Crickei Few￿8110n is a chwftth ¢*nwany thmitod by g￿lante0 and re9iSt8re(J In England and Wales. Tho registorod ofitce. a arml tharity reglstralon number are dlsclos6d on pau8 101 tho Rwrt ol Ihe Intsteos. Th• wer• w•p¥•d in pourwj storfiry (£1 and round8d to Iho n¢are* £1. 11 Buls of pTrparalion of finanthl •tal￿￿ The fman(>al statements have t*eTr wepwed ￿ accordance with Ihe Ch8rit*s SORP IFRS 1021- Accounting aThl Re[￿an9 by Chan"lie$'. St8tem8rrt of R¢commuKled Proctice appfic*sle to charit prwring their a¢l￿nts w) •xord¥ncè wilh th& Fin*Kial Rewiing Standard applicable in Ihe UK and Repubkc of {FRS 1021 (effeclive 1 janu￿ 20191. the Financial ReF*Niing Sland4rd applEcable In tho UK and R¢publ¢ of Ireland (FRS 10218nd the Comp8nles 2(￿. Hm)sh*o Qi¢kot FcAmdakn rneots ol a ￿￿ofit ent*y undw FRS 102. Asgots d Ibabilibes ar8 hthlly reo)wis8d al hi￿0￿1 o)st or transxtion Val￿ un￿$ th•rnry'sè stakd Mi th• rd•v•nl p¢*¢y. 2.2 Golnq conc•rn After making appropriate enquiri•s. Ihe Tnjstees have a feasonable ex￿c(all0n Ihal the Charity has dequaie resowcès tts cthlIn￿ in opernts.twl exi*en¢e tr lh& foreseeabl• futw•. Th? Tru8l¢es, h8vrthJ revi•w￿ CWTént PV&Tknmiarth ftw•¢asts, 8nd Ihe factors lis￿￿ abov•, hav8 a r•asonablè that thè Fwthion has athquaie r￿urteS lo conilliue its 0￿ra￿On3 lof the f¢yessee¥bb futu￿. Fw thls reason. the Trusteas do nol conslder the￿ to be any mgterfal uncertainty Ihat Tnay casi sign1ft￿l thyjbt on Ihe charitys alxlrty to ccffltsrwts as a g¢￿n9 ¢oncem. 13 Stat•m•nt of e••h Ilows As pennitted by sed￿ 7 01 FRS 102 S8ction 14 of Ihe SORP. no statemenl ol cash 11)ws 15 uired. 2A Inct)m• All in¢om 19 OTh￿ the Ch•ty has ethmenl to th& in¢crfne. il is probable that thts inwme wll be received aThJ ￿ anwi 01￿C(￿ recer¥able can be measured reliabty. 2.5 Exp•ndlturn ExporKlltwe Is r8cryJnis•d t￿c9 Ih•rn Is a ltyal C(￿$￿U[￿ obhgatlon to transfw banafft to a Ihtrd party. il 15 probable Ihat a transler ol I￿￿Orni¢ ben•nts wlll b& rooJlr•d kn 88tt18menl and the amount of Ihg cknligation ¢an be measured rgliably. Exwnth'twe is clawfied by aclivity. The costs ol each actr¥ity we made up ol Ihe total ol rfwect cosls and shared costs, inchAing supp)rt costs irwolwjd ffi undeflaking acuvity. Dire¢l ¢osts aNrt)utabl• to a sin918 xlivity arè alocaled dnc tts Ihal Xtsvity. Sharthj costs crmtribule to more one èctivity and swort cosis vthich are not allributable to 8 sin9Jè acbvty a￿1(￿￿1 be1We￿ ttrthe aclivilies on a basls consislenl th¢ us& ol r•sourcgs. Ceniral staff aro aUo¢glod on tho basis of tima sp*nt. aThJ d8pr8ciation chry alkKai•d on thè pOrt￿n ol assét's us•. Expe￿11*Ure on I￿¥¥j f￿¥￿S inL*Kkn al I￿rTed by thB Charily to raise lunds for ¢lwitsbl8 purtws I￿￿￿6$ costs of ￿ fm*¥slng a¢tr4I*5 ¢¥￿ts rKyFch8ril8blg trading. Page11 IIAMPSHIRE CRICKET FOiW4DATION (A ¢omp¥w Ihnlt•d by ou•r•hl••) NOTES TO THE FWIICK STATEMENTS KIR YEAR EIWED 31 DECEMBER 2023 A¢¢ountkng poUd•¥ l¢onllN*d 2.5 Exp•nd#w• (￿rtIn￿￿? Charitys (tycbves, as •)y asKKgal¢(I support costs. Intsresl on funds dotnsil 15 WK*Jd•d *tton aT¥J can ￿ mèasured r•llaUy by ts Charity.. this Is nomialy LP)n notifKalKJn of iitw•sl pahl or payable by th& 2.7 Taxatlon The Charly is 0)nsNlered to psss tests Set iyjt 1 5th•d￿ 6 of Ihe Finance kt 2010 and therefwe li meets Ihe 01 a th￿11th COAyny for UK corporation lax PUfPOSeS. Ae¢ordi¥Jy. INI Chwity is Wenlla*y exernw Irorn taxati￿ ID resp￿ of wlal gains d *ith*i categ￿leS cthwed by ChaF* 3 Part 11 of tha CorpLvalion Tax PKt 2010 or SO￿1￿n 256 01 the Taxa11￿ of tharge8￿8 Gains kt 1932. to tha 0x￿￿t Ihat suth incom& or gains are PrgpayTnèrts *• wfvJ•d at tho w0pthJ tr* i*$o)unts du•. 2.9 Ca•h •t b•nk In Iwnd Cash at bart aryl in h•KI &rysh slkyt4om hi#ty h4uid inv•styffients with 8 s￿rt rnalurity of three rnoTr￿ or18ss fn#n the d* {￿￿9 tsfth• doposit or simllar accw 110 U•blMtl•• wry•l•lon• Liabditios we reCcww￿ is ￿ (&￿9?t*>1 at the Balar￿e she& dat• •s a r•suli of a pasl evgrt. St Is trfcthblo thal a transfw oleco1bjTh￿ banefil *il be r8qulf•J ￿ Sèttlèmont, aNI Ihe ￿oUnt of tho $otUom•nt c￿ ￿ estthatgd r•. Li&*lid•8 •r• at Ih• Ihat lh8 •t8511 WMI poy to s•lU8 thg debt or tl amount 1¢ has re¢ei¥ed as ad4wxed forthg ￿xXl￿ il p￿￿de. Prwwns are mwsured a1 tho b*sl •slwnat• of th• affthnts r•quir•d lo settl• the obligation. Whore Ihe effect ol the value ol nM)rw is malerial. prov1*￿ 1$ basod cffi the present value ol Ihose amount$. iJs¢offited at the w•.tsx thscsxllrt rate that le1￿c￿ the r￿kS specific to the liatslly. The 2.11 In¥trwn•nts Charty has fmai(id assets aThJ fAwKa81 liat4I185 of a klnd Ihat as bask fmandal InslnJm*rts. fina￿￿7 lr*lnjm￿ts ￿ initialy ai trartsackn valu& and subw4uenlly 12 HAMPSHIRE CRICKET FOIINDATION (A ¢tynp*fty Ilmltéd ty guarantts NOTES TO THE FW}4c￿ STATEMENTS FOR THE YEAR EMDED 31 DECEMBER 2•23 ountlng poU¢hs l¢ortlnu•d) 2.12 Fund *¢¢ourtlno Gener81 funds •re mslftctthl funds arn a4valab￿ for use al Ihe tJisu8¢ion ol the Trustees in lurlhorance of tha 9onernl rtiectibw ol th• Charity and have ￿1 be￿ designated for olhgr Esltrnales and ni(hJmerts we cr￿1#1￿0￿ •¥¥kJ*d are based on listorKal exper￿r￿8 aTrJ oth¢r fadors. inciudity gXP8clations of è¥Énts that arè b8liev*J to b• reasonable under the Tho Chty esl¥n•los ¥#J asswW$ c4xwriry ts lulure. Thè le$￿Ilr•) accounllw e￿iMate8 assumptions *ill. by defvytion. sekJ(Kn equd ** relakd a¢lual re$ull¥. The eslimate$ and ssumplions that have a swffj¢anl risk d ca￿1r￿j • ma1￿181 atystrTWrt lo the amounts of assgts and fiablit*s *ithin tho n•xt fvwKial year bth. Vdunlary Inmm Vnn•trlct•d Tolal lund$ 2023 Tolal lunds 2022 2023 DonatrTris 32.636 32,638 42.859 Tolal 2022 42.859 42.859 Total funds 2023 fvnd¥ 2023 2022 E￿nts 64.501 64.501 70.674 Tolal 2022 70,674 70,674 P89e 13 I1￿1P$HIRE CRICKEf FOUNDATIOM NOTES TO THE ￿￿￿CIAL STATEMENTS FOR THE YEAR EIX*O J1 DECalBER 2•23 Unr•*trlc T¢t•l nd6 2Q23 Tot 2022 Bank inier¢si 4.134 EMp•ndllurn r•l•lnq lund• Ing fvnd¥ Total fvnds 2023 fund* 2023 2022 Raiswvd funds 26.974 24974 14,793 T¢X812022 14.793 14.793 Ch*rlldbl• actMII•s uftd•rtak•n dlr•dly 2•23 Tolal fvnd8 2023 2022 Chatlthble act￿¥85 (45.339) (45.339) 58,845 Tolal 2022 58.845 58.845 Page 14 IIPMPSbVAE CRICKET FOUNDATION (A ¢￿Y Ilmitsd by gU￿￿ts01 NOTes TO The FWANCIAL STATEMENTS FOR THE YEAR EMDEO 31 DECEMBER 2023 Ch•rftabl• aGllvltlM (conllnu•d) Total funds 2023 rot 202J 2022 Staff ¢o$ts Chwitsblo donat•)ns AdmiThs¢rn*ve expe￿•$ Ir#*p¢ndent exallunation 17.733 (r2,3131 3.118 6.123 17.733 172.313) 1118 123 41. 104 7.343 5.400 145.3391 145.3381 58,845 T¢X812022 58.845 58.845 The Indor￿￿￿ exanyws ¥rn￿nts lo an I￿nd￿l exam1r￿r fvg of £).￿$0 (2022 . £3.0001. 10. Slaff ¢o•ts 2023 2022 W8oes aYI s*rl85 17.733 17.n3 4.998 a¥8rag• rwmbw ol pwson$ emth)5*d tythe Charty￿rIng was as follows: 2023 2022 No. CoachiNJ st•ff No ery10￿• rK•r49d rnmunfjrath￿ anK?￿1￿j W.[￿(1 in •ilh8ry•ar. 11. Trust•￿. rnnwn•rntloTr and •wp•nso• DU[W￿ the (¥* or morn Trustees Ilas be￿ pad remunwalion ￿ has rg¢eived oiher benerts from an empbyThgnl with ￿ Cwty. The of Truslees. rWnUnv*i￿ aTrJ other be￿rits was 8s lolh)ws {duMg Ihe period ol appointment as a Tnjsteel.. P8g¢ 15 ILOJIPSHAE CRICKEf FOUKIAnoN IA CoM￿Y Ilrnll•d ty gilv￿1••) NOTES TO ThE FIM•J4CIAL STATEIIENTS FOR YEAR EIKIED 31 DECEMBÉR 2023 11. 2023 2Q22 C L Horwofyj 12.ODO OurwvJ th• y4• oTrJ•d 31 De(*mb8T 20ZJ, no Tnxlee 0xp￿se5 hwg boon Ir￿r[0d (2022. £NIL). 12. D•btt*r• 2022 Lkw wlthln •n• y•Ar 1120 1,786 49,281 3.906 49.281 13. Cr•dllw•: AmMnl• l¥Alkng Tth on• y• 2023 2022 1.1 102 67,113 1500 *450 TO,215 P8g•16 IIAMPSHIRE CRICKET FOIJNDATION (A company Ilmlt•d by guar•nt••) NOTES TO THE FWANCIAL STATEMENTS FOR THE YEAR EIIDED 31 DECEIABEII 2023 14. Stat•m•nt of lun stat￿onI of fvnd•.¢¥ry••¢ B•lanc• at 31 B•l•nu •11 J•mwry 2023 2023 UnrvJtrlct•d lunth Genorol Funds 1S&701 1•1,2n 27S339 st*•m•nt ollunds. wkwy•ar 8alanLv al 31 December 2022 l j￿U&ry 2022 Um•¢rtctsd funds General Funds 715.806 111533 (73.638) 155.701 15. An*sl¥ of n•t b•tw••fi UM￿1rk1•d funds 2023 Total lundty 2023 Cwrent assels Crtdrtor5 willin oneiwr 280,789 {5.450) 280,789 IS,450) T¢tsl 275,339 27S.33J pa￿ 17 HAPIPSHIRE CRICKET FOUIIDATION IA ¢ww•ny Ilmll•d by gts¥*nt••) NOTE8 TO ￿ FWIICWI STATEIIV4TS FOR TrE YEAR EIIDED 31 DECEIIBER 2025 fvnd$ 2022 2022 225.910 ITO.215) 224910 (XO.215J Crndiiors du• on• I Total 155.701 155,701 Exporfgnc• Limited. Elite Intornatiorwl s￿rts kad•my Lintt•d. Hampshka Crickel Company Lwnlted. Southem Vipers Limltsd arthj Haffoshke Loiswe Hd•15 L¥ni•d. Tlwo cowios arp part ol Hanyhn Sport and Loisure Hcklings LwT4ted (the woup). Al 31 Decambw 2023 Clwity Hampshtre & Lwsure Hoklw Llnknd ENA 12022.. £44.6481. a cimryany TAith crrnon threckys. The Chwly cwed HRmp5hKe Cr**et C(¥np8ny £￿1 (2022£17.071L a company wlh commw o*edrys. At Decemb•T 2023 Soultr￿ knmlled tr4ed the Ch* £Nd (2tr22: £1.147), a c¢rtnpany with commm directors. Hamp*Mfe StadkTh Lffnit￿ 0%￿1 the Charity £Nil12022'. £45.958). a company with Pa90 18