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← Cricket Builds Hope

2023-12-31-accounts

Cricket Builds Hope (“CBH”) (known as Rwanda Cricket Stadium Foundation (“RSCF”) until 2018) UK Registered Charity Number 1157287

Summary consolidated financial statements and Trustees’ Report for the year ended 31 December 2023

GROWING AND USING CRICKET TO BENEFIT COMMUNITIES IN RWANDA

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Contents

Legal and Administrative Information ........................................................................... 3 Structure, Governance & Management .......................................................................... 4 Activities and Achievements………………………………………………………………………..9 Financial Review………………………………………………………………………………………11 Risk Management…………………………………………………………………………………….12 Statement of Trustees’ Responsibilities ....................................................................... 14 Independent Examiner’s Report to the Trustees of Cricket Builds Hope ................. 15 Financial Statements ………………………………………………………………………………16

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Legal and Administrative Information

Reference and Administrative details

Registered Charity Number 1157287

Official Charity Address

Cricket Builds Hope 13 Cloudesley Square, London N1 0HT

Bankers

CAF Bank Limited (Charities Aid Foundation), 25 Kings Hill Avenue, West Malling, Kent, ME19 4JQ

Solicitors

Reed Smith, Broadgate Tower, 20 Primrose St, London EC2A 2RS

Historic transition from RCSF to Cricket Builds Hope

Once the initial objective of the Charity, namely the construction of the Stadium now known as the Gahanga Cricket Stadium (“the Stadium”) in Rwanda, had been completed, the Board of Trustees decided during 2018 to rebrand the Charity as CBH. This was to recognise the transition of the Charity’s focus from being a construction project to a social project with two aims: first, through its involvement with the Rwandan NGO now known as Gahanga Cricket Stadium (“GCS”) which is the leasehold owner of the land on which the Stadium has been built (see below), to oversee the ongoing operation of the Stadium, its use and future expansion to support Rwanda’s cricket development, and second, in its own name to develop and deliver programmes with partner organisations using cricket as a tool for social change. The transition to CBH officially took place in April 2018.

Objectives

The Charity’s purposes or objectives, in 2023 were:

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In 2019 the Charity adopted the following as its Mission Statement -

“We use cricket and the spirit of the game as a tool for positive social change in Rwanda”.

Cricket Builds Hope harnesses the power of sport to promote reconciliation through social programmes. We integrate this incredible game with workshops that focus on equality, empowerment and social cohesion.

Structure, Governance & Management

Date of Registration – 3 June 2014

Type of Governing Document - Constitution (officially adopted 3 June 2014; amended on 6 February 2017 to revise objectives, on 11 April 2018 to show the change of name and following a Board Resolution on 30 November 2021 to change provisions dealing with the terms of office of its Trustees).

How the Charity is constituted - Charitable Incorporated Organisation

Directors and Trustees

The Directors of the Charity Cricket Builds Hope (CBH) are its Trustees for the purpose of charity law. The Trustees of the Charity who were in office during the calendar year of 2023 were:

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Trustees in 2023

Richard Nicoll (Chair) (Appointed 18 September 2014) Alan Sendorek (Appointed 1 July 2014) Graeme Loten (Treasurer) (Appointed 30 May 2017) Amy Holmes (Appointed 26 September 2017) Albemarle Shale (Appointed 1 January 2018) Kevin Sinfield (Appointed 15 May 2018; left February 2023) Sophie Morrell (nee Langman) (Appointed 15 May 2018) Sarah Ludlow (Appointed 7 August 2019) Richard Jackson (Appointed 26 January 2020) Charlie Barlow (Appointed 25 February 2020) Shruti Saujani (Appointed 18 Jan 2022; left 26 September 2023) Richard Meddelton (Appointed 29 March 2022) John McCreery (Appointed 25 July 2023) Mary Maina (Appointed 28 November 2023)

The Charity introduced two new Trustees during 2023 – John McCreery, and Mary Maina (CBH’s former Country Manager and its first Trustee resident in Rwanda).

Employees and Consultants

Will Hammond was appointed to the role of CBH’s Director on 7 February 2022. Initially this Contract committed the Director to working for CBH 3.5 days a week (raised to 4 days in 2023) and to spending part of his time in Rwanda and part in the UK. Apart from the Director, no other staff were employed by CBH in the UK during 2023.

A Country Manager and two Development Coaches were recruited in Rwanda to work on CBH’s programme activities in 2023.

Organisational Structure

CBH has a Board of Trustees which usually meets every alternate month and is responsible for the strategic direction and policy of the Charity. The Trustees are from a variety of professional backgrounds relevant to the work of the Charity. During 2023 these Trustee meetings were increasingly held in person at The Oval with the option of attending online for those Trustees abroad or otherwise unable to

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get to The Oval. The schedule of meetings was respected in 2023 and were all attended by the Director either in person or remotely.

Risks and Risk Management

The Trustees consider the various significant risks to which the Charity may be exposed and are confident that they have appropriate systems in place to mitigate these risks. Where appropriate, systems or procedures have been established to mitigate risks the Charity faces. Such procedures are periodically reviewed to ensure they continue to meet the needs of the Charity.

Related Parties

Gahanga Cricket Stadium (“GCS”)

The Charity established and now works with a separate Rwandan entity, GCS, to deliver its objectives with relation to the Stadium itself. This entity was originally set up in Rwanda as a Non-Governmental Organisation (NGO) called Rwanda Cricket Stadium Foundation as the operational or delivery agent of CBH and the Rwanda Cricket Association (“RCA”). It registered as a national NGO in Rwanda, no 04/2012. Its name was changed to Gahanga Cricket Stadium (“GCS”) in 2018.

In accordance with undertakings given in the Memorandum of Understanding initially signed with the RCA in 2013 and revised in 2017 (see below) the Charity has continued to make occasional payments to GCS.

Likewise, in accordance with the MoU signed between CBH and RCA for the governance of GCS, CBH nominees sit on GCS’s Executive Committee and took an active role in all decisions relating to GCS during 2023. Will Hammond acted as Chair of GCS in 2023.

Rwanda Cricket Association (“RCA”)

The Charity has always worked closely with the RCA to deliver the ground and thereafter to manage its continuing use and maintenance. This relationship includes ongoing discussion on how the Stadium will be run and funded post-construction. The relationship between the two organisations is formally established under a Memorandum of Understanding initially signed in 2013.

Government of Rwanda, Ministry of Sports

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The Charity is grateful to the Government of Rwanda, and particularly the Ministry of Sport (“MINISPORT”) for their support of their work in Rwanda. The site of the ground has been leased to GCS by the Government of Rwanda for 30 years from 4 November 2014.

A 3-year tripartite agreement between MINISPORT, CBH and RCA had been signed in November 2020, giving official Rwandan Government approval of CBH’s activities in Rwanda and setting them in the context of the partnership with RCA and the Government’s own policies with regard to sport and especially cricket.

In 2020 CBH successfully registered as an international NGO with the Rwanda Governance Board; this registration has since been renewed.

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Activities and Achievements

Infrastructure support

In partnership with the RCA and the Rwandan Government, CBH has continued to maintain and develop the Stadium. The second cricket pitch at the Stadium was opened for matches, and overall the stadium hosted over 220 matches in 2023. The Stadium maintained its status as one of the leading venues in the world in terms of

number of international ‘T20’ cricket matches held. As importantly, the second ground at Gahanga has provided space for more grassroots cricket.

In May 2023, flooding devastated the district of Rubavu, where CBH had run the ‘Yorkshire Tea Programme’. CBH provided direct support to partner schools in the area, enabling the rebuilding of a classroom at Noel School, along with the replacement of printers and the provision of school meals for flood-affected children at Kayanza and Sanzare Schools. A teacher from Noel School said: “I thank [CBH] for supporting our school. You helped the school to rebuild. Now… the room is working, and the learners are studying very well. We [hope] you will continue to establish the game [of] cricket in our school and the whole district of Rubavu.”

Cricket for Change Programmes

Women’s Empowerment Programme

CBH relaunched an enhanced version of its award-winning Women’s Empowerment Programme in September 2023. Two cohorts of 30 young, underprivileged women completed the programme, which provided:

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collaboration with local NGO, Impanuro Girls Initiative.

Weekend and Holiday Cricket Camps with Life Skills for Children at Gahanga

In 2023, CBH supported children attending the Gahanga Cricket Stadium to play cricket at the weekends. As well as cricket sessions, our three English teachers held classes after cricket sessions to support them with their studies and life chances. We also provided refreshments to all children and sports materials where possible for those in need. On average the number of children (roughly equal numbers of boys and girls) supported at the weekends was:

In partnership with the RCA, CBH also ran combined cricket and life skills camps for four weeks in the long school holidays. At the end of these camps, we ran a day long festival also inviting the parents. These were open to all children in the local area from age 6 and up, giving them access to:

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Attendance (see right) increased every week, with over 650 children attending in the last two weeks, and 700 for the end of camp festival.

The camps visibly increased children’s English skills, confidence and knowledge in order to make healthy choices. A local leader who attended said: “As a leader I recognized that these camps reduced significantly the number of children distracted in drugs and other misleading practices,” while another parent said: “Their decision making in doing unhealthy activities like watching movies for a long time shifted to doing productive activities like focusing on their homework and revision.”

Figure 1: Feedback from an attendee on the values learned through the week

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Fundraising, partnerships and events

2023 was an excellent year for CBH in terms of fundraising, with a total of £227,598 raised. The majority of this was raised through the CBH Dinner at the Oval in February, which earned £133,815 (net of costs). The evening included famous faces such as ex- England Captain Eoin Morgan, and feedback on the night was very positive from those who attended, especially the ability to hear Fredy Ndayasenga, a coach and key previous years’ Yorkshire Tea who flew over for the event.

directly from part of the Programme,

fundraising events, for example the Service at St. Mark’s Church, the annual sponsored T20 Blast Game Surrey Cricket Foundation and a held by Radley College on behalf of raised a further £11,673.

Other annual Carols Kennington, hosted by The charity match the charity,

sponsorships from corporations and

Grants and

foundations totalled £49,500, including the continued partnership with Surrey County Cricket Club. An additional £13,750 was donated through the ongoing partnership with ARK Build Plc., which directly supported the maintenance of the Gahanga Cricket Stadium. Personal donations including regular subscriptions raised £15,624 for CBH.

Plans for Future Period

CBH continues to focus on delivering its strategic plan for 2022-25, with the key objectives of increasing the social impact of its programmes and improving the facilities at the Gahanga Stadium while ensuring its commercial sustainability. Specifically, the aims for 2024 are to:

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Financial Review

The Charity’s total income for the 12 months ending 31 December 2023 was £227,598 (compared to £87,625 in 2022). Of this figure about £133,815 was accounted for by the fund-raising dinner held at The Oval in February 2023.

The Charity’s total expenditure for the year ended 31 December 2023 amounted to £147,179 (2022: £91,798). This included £42,000 worth of expenditure connected to the fund-raising dinner. The rest was used for staff salaries, programme activities, administrative overheads and the transfer of Ark Build’s donations to GCS (see above).

Cricket Builds Hope had an overall positive balance of £80,419 when deducting expenditure from income in 2023.

At year end CBH had £167,529 in its accounts in the UK plus the equivalent of £1,110 in its foreign currency accounts in Rwanda. About one fifth of the charity’s total assets were earmarked by donors for CBH’s commitments to programme activities.

Risk management

As noted above, the Trustees regularly consider the various significant risks to which the Charity may be exposed and are confident that they have appropriate systems in place to mitigate these risks.

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Rwanda continues to display the characteristics of an emerging market, but with a greater degree of security and less risk than many neighbouring countries in Africa. These characteristics include, but are not limited to, political uncertainty and macroeconomic vulnerability. Taxation and other legislation within Rwanda are subject to change but have recently become more predictable and of an international standard.

Cash flow risk - the Trustees understand and accept there is a cash flow risk facing the Charity to meet all expenditure commitments. To mitigate this risk, the Treasurer prepares the following:

are prepared at least on a bi-monthly basis usually to coincide with Board meetings.

 Regular reports to the Board of Trustees on the on-going cash position of the Charity.

Credit risk - this is deemed to be low-to-moderate. Cash is held in an account at CAF Bank, a reputable financial institution in the United Kingdom which specialises in keeping accounts in the charity sector. CBH tries to maintain sufficient funds in its UK account for at least 3-6 months of expenditure in accordance with standard practices. Funds held in CBH’s five bank accounts at the I&M Bank in Rwanda would typically only be enough for a few months’ operations, and increasingly some invoices raised in Rwanda by larger companies can be paid by bank transfer from the Charity’s British bank accounts.

Property rights risk – it is the Rwandan NGO, GCS, which owns the cricket ground, and which bears any property rights risk within Rwanda. In the event that the ownership of the cricket ground changed, CBH might have to find an alternative venue for its activities, but its existence would not be directly impacted.

Foreign exchange risk - funds are being raised primarily in £ sterling and held in a £ sterling bank account in the UK (CAF Bank). Smaller balances are held in Rwandan Francs and in US$ in Rwanda. In 2023 the Charity did not incur any expenditure in any currency other than pounds sterling or Rwandan francs. Going forwards this is unlikely to change, save for a limited number of invoices from international partners which are occasionally denominated in US dollars. However, payments are not generally made to any country other than the UK and Rwanda.

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Statement of Trustees’ Responsibilities

The Trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and regulations.

The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year. Under that law the Trustees have prepared the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under that law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of the affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Signed on behalf of the Trustees

Richard Nicoll Chair and Trustee, 30 October 2024

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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CRICKET BUILDS HOPE

Independent examiner's report to the trustees of Cricket Builds Hope

I report to the charity trustees on my examination of the accounts of Cricket Builds Hope (the Trust) for the year ended 31 December 2023.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

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

  1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

S Mackie, FCA

Morris Crocker Chartered Accountants Station House North Street Havant Hampshire PO9 1QU

31/10/24 Date: .............................................

Page 15

CRICKET BUILDS HOPE

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
29,374
Charitable activities
5
Charitable activities
9,500
Other trading activities
3
145,488
Investment income
4
3,236
Total
187,598
EXPENDITURE ON
Raising funds
6
46,703
Charitable activities
7
Charitable activities
78,894
Total
125,597
NET INCOME/(EXPENDITURE)
62,001
RECONCILIATION OF FUNDS
Total funds brought forward
74,350
TOTAL FUNDS CARRIED FORWARD
136,351		 Restricted
funds
£
-
40,000
-
-
40,000
-
18,894
18,894
21,106
18,869
39,975		 2023
2022
Total
Total
funds
funds
as restated
£
£
29,374
10,966
49,500
61,250
145,488
15,075
3,236
334
227,598
87,625
46,703
5,222
97,788
86,576
144,491
91,798
83,107
(4,173)
93,219
97,392
176,326
93,219

The notes form part of these financial statements

Page 16

CRICKET BUILDS HOPE

BALANCE SHEET 31 DECEMBER 2023

Notes
CURRENT ASSETS
Debtors
13
Cash at bank
CREDITORS
Amounts falling due within one year
14
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
16
Unrestricted funds
Restricted funds
TOTAL FUNDS		 2023
2022
as restated
£
£
9,990
-
168,639
95,907
178,629
95,907
(2,303)
(2,688)
176,326
93,219
176,326
93,219
176,326
93,219
136,351
74,350
39,975
18,869
176,326
93,219

The financial statements were approved by the Board of Trustees and authorised for issue on 30 October 2024 and were signed on its behalf by:

............................................. R Nicoll - Trustee

The notes form part of these financial statements

Page 17

CRICKET BUILDS HOPE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, 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 Charities Act 2011. The financial statements have been prepared under the historical cost convention.

The trustees consider that there are no material uncertainties regarding the charity's ability to continue as a going concern.

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.

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.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Taxation

The charity is exempt from 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 charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Financial Instruments.

The charity only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and investments in stocks and shares. The measurement basis used for these instruments is detailed below.

Debtors and cash at bank

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and in hand included cash held on deposit or in a current account.

Page 18

CRICKET BUILDS HOPE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023

1. ACCOUNTING POLICIES - continued

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Transition to accruals accounting

This is the first year that the accounts have been prepared using the accruals accounting method. This has results in a decrease of £2,688 to the surplus reported under the receipts and payments method in 2022. This has been impacted with the adjustment for accruals in 2022.

2. DONATIONS AND LEGACIES

Donations
3.
OTHER TRADING ACTIVITIES
Fundraising events
4.
INVESTMENT INCOME
Deposit account interest
All investment income is derived from assets held in the United Kingdom.
5.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Grants
Charitable activities
Grants received, included in the above, are as follows:
Yorkshire Tea
Dragon School, Oxford
Ark Build plc
St James
Carried forward		 Donations
3.
OTHER TRADING ACTIVITIES
Fundraising events
4.
INVESTMENT INCOME
Deposit account interest
All investment income is derived from assets held in the United Kingdom.
5.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Grants
Charitable activities
Grants received, included in the above, are as follows:
Yorkshire Tea
Dragon School, Oxford
Ark Build plc
St James
Carried forward		 2023
£
29,374
2023
£
145,488
2023
£
3,236
2023
£
49,500
2023
£
-
2,500
-
2,000
4,500		 2022
as restated
£
10,966
2022
as restated
£
15,075
2022
as restated
£
334
2022
as restated
£
61,250
2022
as restated
£
44,750
1,500
15,000
-
61,250

Page 19

CRICKET BUILDS HOPE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023

5. INCOME FROM CHARITABLE ACTIVITIES - continued

Brought forward
Surrey Cricket Club
Lennox Hannay
NIUM
FIS
6.
RAISING FUNDS
Raising donations and legacies
Dinner expenses
Other expenses
7.
CHARITABLE ACTIVITIES COSTS
Charitable activities
8.
GRANTS PAYABLE
Charitable activities		 2023
2022
as restated
£
£
4,500
61,250
20,000
-
5,000
-
10,000
-
10,000
-
49,500
61,250
2023
2022
as restated
£
£
42,490
1,737
4,213
3,485
46,703
5,222
Grant
funding of
activities
Support
Direct
(see note
costs (see
Costs
8)
note 9)
Totals
£
£
£
£
76,899
19,039
1,850
97,788
2023
2022
as restated
£
£
19,039
37,086

Page 20

CRICKET BUILDS HOPE

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2023

9. SUPPORT COSTS

SUPPORT COSTS
Governance
Finance
costs		 Totals
£ £ £
Charitable activities 210 1,640 1,850
Support costs, included in the above, are as follows:
Finance
2023 2022
as restated
Charitable Total
activities activities
£ £
Bank charges 210 81
Governance costs
2023 2022
as restated
Charitable Total
activities activities
£ £
Accountancy and legal fees 200 -
Independent examiner fee 1,440 -
1,640 -

10. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022.

Trustees' expenses

During the year 3 trustees (2022:none) were reimbursed out of pocket expenses totalling £2,137 (2022:£nil).

11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted Restricted Restricted
Total
funds funds funds
as restated
£ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 10,966 - 10,966
Charitable activities
Charitable activities 16,500 44,750 61,250
Other trading activities 15,075 - 15,075
Investment income 334 - 334
Total 42,875 44,750 87,625
EXPENDITURE ON
Raising funds 5,222 - 5,222

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CRICKET BUILDS HOPE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023

11.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
funds
funds
as
£
£
Charitable activities
Charitable activities
45,695
40,881
Total
50,917
40,881
NET INCOME/(EXPENDITURE)
(8,042)
3,869
RECONCILIATION OF FUNDS
Total funds brought forward
82,392
15,000
TOTAL FUNDS CARRIED FORWARD
74,350
18,869
12.
PRIOR YEAR ADJUSTMENT
A prior year adjustment has been included to correct the treatment of restricted funds in
periods.
13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
as
£
Other debtors
9,990
14.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
as
£
Taxation and social security
651
Other creditors
1,652
2,303		 Total
funds
restated
£
86,576
91,798
(4,173)
97,392
93,219
previous
2022
restated
£
-
2022
restated
£
-
2,688
2,688

Page 22

CRICKET BUILDS HOPE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023

15. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Unrestricted
Restricted
funds
funds
£
£
Current assets
138,654
39,975
Current liabilities
(2,303)
-
136,351
39,975
16.
MOVEMENT IN FUNDS
At 1.1.23
£
Unrestricted funds
Cricket Builds Hope
74,350
Restricted funds
Womens Health and Sexual Education
15,000
Yorkshire Tea Coaching Programme
3,869
18,869
TOTAL FUNDS
93,219
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
Cricket Builds Hope
187,598
Restricted funds
Womens Health and Sexual Education
40,000
Yorkshire Tea Coaching Programme
-
40,000
TOTAL FUNDS
227,598		 2023
2022
as restated
Total
Total
funds
funds
£
£
178,629
95,907
(2,303)
(2,688)
176,326
93,219
Net
movement
At
in funds
31.12.23
£
£
62,001
136,351
24,975
39,975
(3,869)
-
21,106
39,975
83,107
176,326
Resources
Movement
expended
in funds
£
£
(125,597)
62,001
(15,025)
24,975
(3,869)
(3,869)
(18,894)
21,106
(144,491)
83,107

Page 23

CRICKET BUILDS HOPE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023

16. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement At
At 1.1.22 in funds 31.12.22
£ £ £
Unrestricted funds
Cricket Builds Hope 82,392 (8,042) 74,350
Restricted funds
Womens Health and Sexual Education 15,000 - 15,000
Yorkshire Tea Coaching Programme - 3,869 3,869
15,000 3,869 18,869
TOTAL FUNDS 97,392 (4,173) 93,219

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
Cricket Builds Hope 42,875 (50,917) (8,042)
Restricted funds
Yorkshire Tea Coaching Programme 44,750 (40,881) 3,869
TOTAL FUNDS 87,625 (91,798) (4,173)

The Yorkshire Tea Programme

Designed to give cricket coaching to school children in 12 schools in the vicinity of three tea estates in Rwanda. The programme was implemented by the Rwanda Cricket Association and administered by CBH. Most expenditure went on the salaries of the cricket coaches, the purchase of basic cricket equipment for each school and the organisation of inter-school tournaments. The programme finished with a final tournament in Kigali (the Yorkshire Tea Cup) in October 2022.

The Women's Empowerment and Sexual Health Fund

Used for a series of workshops for local women and children who live near to the Gahanga Cricket Stadium. These workshops, usually organised in cohorts of about 7 weeks, combine leadership skills, training in starting up a small business, sessions on sexual and reproductive health and cricket games which are so designed to emphasise the points raised in the workshops. In addition some money from this fund is used for sexual health sessions in the holiday cricket camps which are organised for local children during the school holidays.

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CRICKET BUILDS HOPE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023

17. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2023.

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