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← Cricket Builds Hope

2024-12-31-accounts

Cricket Builds Hope (“CBH”)

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

Summary financial statements and Trustees’ Report for the year ended 31 December 2024

GROWING AND USING CRICKET TO BENEFIT COMMUNITIES IN RWANDA

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Contents

Legal and Administrative Information ................................................................ 3 Structure, Governance & Management .............................................................. 4 Related Parties…………………………………………………………………..……………6 Activities and Achievements……….……………………………………………………..7 Financial Review……………………………………………………………………………14 Risk Management………………………………………………………………………….15 Statement of Trustees’ Responsibilities ............................................................ 16 Independent Examiner’s Report to the Trustees of Cricket Builds Hope ..... 18 Financial Statements…...…………………………………….……………………………19

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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

Independent Examiner

S F Mackie FCA Morris Crocker Chartered Accountants Station House North Street Havant Hampshire PO9 1QU

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 in 2018 to rebrand the Charity as Cricket Builds Hope (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

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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 2024 were:

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

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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 2024 were:

Trustees in 2024

Richard Nicoll (Chair) (Appointed 18 September 2014) Alan Sendorek (Appointed 1 July 2014) Graeme Loten (Treasurer) Amy Holmes {Left January 2024) Albemarle Shale Sophie Morrell (nee Langman) {Left January 2024) Sarah Ludlow Richard Jackson {Left January 2024) Charlie Barlow Richard Meddelton John McCreery Mary Maina Baroness Evans (Appointed January 2024) Ed Pearson (Appointed May 2024)

The Charity introduced two new Trustees during 2024 – Baroness (Natalie) Evans and Ed Pearson (a former CBH Country Manager in Rwanda and long-time supporter).

Employees and Consultants

Will Hammond was appointed to the role of CBH’s Director on 7 February 2022. Will’s contract initially committed him 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 2024.

A full-time Country Manager and Development Coaches were employed in Rwanda to work on CBH’s programme activities at the end of 2024.

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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 come from a variety of professional backgrounds relevant to the work of the Charity. During 2024 these Trustee meetings were held in person at The Oval with the option of attending online for those Trustees abroad or otherwise unable to get to The Oval. The schedule of meetings was respected in 2024 and were all attended by the Director either in person or remotely.

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 in 2018.

In accordance with undertakings given in the Memorandum of Understanding initially signed with the RCA in 2013 and revised in 2017, the Charity has continued to make occasional payments to GCS. A new Usage and Management Agreement was signed in April 2024 between CBH, RCA and GCS, setting out the amounts to be paid during 2024 and 2025 by CBH and RCA for the maintenance of GCS’s running costs.

In accordance with the MoU signed between CBH and RCA for the governance of GCS, two CBH nominees sit on GCS’s Executive Committee and took an active role in all decisions relating to GCS during 2024. CBH’s Director, Will Hammond, acted as Chair of GCS in 2024.

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, and by the Usage and Management Agreement of 2024.

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Government of Rwanda, Ministry of Sports

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 was 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 regarding sport and especially cricket.

In 2020 CBH successfully registered as an international NGO with the Rwanda Governance Board; this registration was later renewed and by the end of 2024 a further renewal of its registration was proceeding.

Activities and Achievements

Gahanga Cricket Stadium

In partnership with the Rwanda Cricket Association (RCA), CBH has continued to maintain and develop the Gahanga Cricket Stadium. In addition to supporting the ongoing maintenance costs of the stadium, CBH also funded a new sight screen and media box for the upper oval.

At the time of writing, the stadium is still the leading host of T20 international cricket matches in the world, with 115. In total in 2024, 312 matches were held at the stadium. It also continues to act as a hub for grassroots cricket, with up to of 500 youngsters playing cricket there at weekends and in holidays.

Support for GCS costs: £26,701

Cricket for Change Programmes

Women’s Empowerment Programme

CBH completed this phase of our Women’s Empowerment Programme, with 120 more young women around the Gahanga Stadium completing the course. Aimed at tackling poverty and gender norms that lead to inequality, the programme

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includes:

The progress made by the graduates has been very encouraging and is a testament to their resourcefulness and drive to improve their lives and those of their children. Overall:

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CASE STUDY

Nishimwe Olive is a young mother of two kids. Before the programme she struggled to meet their basic needs, doing casual jobs and earning less than £10 a month. On graduating from the Women’s Empowerment Programme, she saw an opportunity to open a small bottle shop in Gahanga. The ‘Savings Team’ that her cohort formed was able to lend her 50,000 Rwandan Francs to get her started. Driven by her entrepreneurial spirit, she made it work and paid back the loan. Buoyed by this initial success, she returned to her home village and took a bigger loan from the group. She set up and now runs ‘Kwa Olive’ (Olive’s Bar), which is loved by locals for its friendly atmosphere and customer care. From starting with almost nothing, she now makes a daily profit of around 15,000 Rwandan Francs (£10) and can provide for her kids. When reflecting on the programme, she says, “it gave me the tools to dream bigger, work harder, and achieve more than I ever thought possible... I dream to be a prominent entrepreneur in the bar sector.”

Programme cost in 2024: £41,427

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Sexual and Reproductive Health for Adolescents

To tackle the issue of a lack of sexual health education, leading to teenaged pregnancies and school dropouts, as well as STIs, we ran training sessions with 180 teenagers around the stadium. Modules se include:

For each cohort, we saw a distinct improvement in their knowledge at graduation compared to the start.

Honorine Kansayisa, a Deputy Dean at the school G.S. Rwabutenge, shared: “The community especially schools need such programmes to supplement class curriculum. From our observation, we have noticed change in knowledge marked with a changed attitude to ask many questions about sexual reproductive health. As a school we believe that the group trained will pass information to others, and we may soon see reduced teenage pregnancy in schools around this region.”

Programme cost in 2024: £9,902

Cricket and Literacy

We continued to provide inclusive weekly and holiday cricket sessions for children at Gahanga, with a focus on English language and literacy to support these children in school and later life. The number of children attending these sessions ranged from 350-450 through the year.

Children continued to attend throughout
annual holiday camps in July. These
included over 40 cricket sessions and 10
matches, delivered by a team of six
coaches, with a mental health awareness
day and HIV screening as part of the final		 Week 1
Week 2
Week 3
Week 4
Festival
~~es~~
~~ee~~
~~ee~~
~~ee~~
~~ee~~		 Girls
207
183
176
197
271
~~ee ~~
~~ee ee~~
~~ee ee~~
~~ee ee~~
~~ee ee~~
~~ee~~
~~ee~~
~~ee~~
~~ee~~		 Boys
212
194
187
214
321
~~ee~~
~~ee~~
~~ee ~~
~~ee~~
~~ee~~		 Total
419
377
363
411
592
~~ee~~
~~ee~~
~~ee~~
~~ee~~
~~ee~~

festival day. Children reported an increase in their cricket skills, friendship circles and engagement with the CBH Values: Fairness, Confidence, Empathy and Growth.

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“The camp was a success due to the teaching/coaching team and the commitment of parents who ensured their children attended daily. Teaching in two shifts provided all participants with safe, enjoyable, and engaging age-appropriate sessions. The camps fostered social interaction and enhanced English language skills, leaving children more confident and parents pleased with the final presentation at the festival.” – Lead Teacher-Coach, Justin Mugabo.

Programme cost in 2024: £11,186

As weekend cricket sessions have gained popularity and profile, we began to encounter more and more youngsters who were not attending school and / or spent time on the streets looking for shelter, money or food. The underlying reasons were mainly breakdown in family units, or a lack of financial resources needed to support the child or cover the costs of schooling.

From September, we piloted a programme to re-integrate these children back into school. Working alongside Humanity First and Shine Again Initiative, we supported 123 cricketers through:

Despite some initial challenges (re-)acclimatising to the school environment, at the end of the first term (December), the attendance rate across all 123 was 94.6% (a remarkable success rate), with all but one child sitting their exams. Average test scores that well exceeded the pass mark needed to progress to the next school year. Children engaged regularly in weekly cricket sessions, and their self-confidence and social interactions with other children visibly improved. Parents have now formed three ‘savings groups’ which act as a support network and provide small amounts of credit to fund income-generating activities. 500,000 RWF (about £300) has been saved and loaned to date, and business profits have enabled parents to support their children with contributions to school costs, food and washing materials.

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CASE STUDY

Uwase is 11 years old. She was living on the streets after her mother remarried, and her stepfather rejected her. She struggled to eat, could go weeks without cleaning herself and developed health complications. After joining cricket sessions at weekends at Gahanga, she was helped to find her biological father, who took her in. We were able to provide a uniform and fees so she could return to school, and basic health care. She says, “cricket helped me meet other children and feel

part of something. I am happy because I have clean clothes and shoes. I’ve gone back to school and even helped my young sister with homework. My dream is to become a nurse.”

Programme cost in 2024: £10,667

Other Programmes

We continued to work with partners Cricket Without Boundaries and the RCA to trial a ‘Changemakers’ approach, using cricket coaching and drills to help us understand needs in the local area.

Programme cost in 2024: £3,387

Fundraising, partnerships and events

2024 was a successful year in terms of fundraising for CBH, raising £160,932 for our programmes.

The main sources of funds came from:

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Match at Fenners, Cambridge

We are immensely grateful to all our partners and supporters whose support in 2024 enabled us to continue to use cricket to support Rwandan communities.

The CBH Cup

In September, two UK teams (the Cambridge to Casablanca Cycling Cricket Club and the Grannies), a Kenyan team (The Kenya Kongonis) and a Rwandan Emerging XI, battled it out for the ‘CBH Cup’ in a 35-over competition at the Gahanga Cricket Stadium. The cricket was competitive but well-natured, with the Rwanda Emerging XI showcasing the talent in the country and growth of the game to become champions.

Off the pitch, touring teams enjoyed the recreational activities on offer in Rwanda, including Gorilla Trekking, Big Five Safari and golf in Kigali.

“We’ve toured Rwanda twice and it’s incredible. The Gahanga stadium is beautiful, the standard of cricket is good and there’s so much to see and do in Rwanda that makes this a memorable touring destination.” CtCCCC Captain George Dean

Plans for 2025 and beyond

From 2025, our key aims are to:

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How can you get involved

Financial Review

The Charity’s total income for the 12 months ending 31 December 2024 was £160,932 (compared to £227,598 in 2023 when we held a major fund-raising dinner). Of this figure about £30,000 came from CBH’s various fund-raising events throughout the year, £20,000 was received from Surrey Cricket Club. Regular subscriptions from our donors accounted for just over £17,500.

In addition, a sum equivalent to £74,103 was received from the Rwandan company IHS Towers which was ringfenced for the construction of a digital classroom at GCS and the implementation of a programme for adolescents, both due to start in 2025.

The Charity’s total expenditure for the year ended 31 December 2024 amounted to £154,458 (2023: £144,491). This included about £43,000 worth of expenditure on CBH’s programme activities in Rwanda and £21,000 for GCS. The rest was used for staff salaries, administrative overheads and the costs of fund-raising events.

Cricket Builds Hope had an overall surplus of £6,474 when deducting expenditure from income in 2024.

At year end CBH had £186,073 in its accounts in the UK and in Rwanda. About £80,000 of the charity’s total assets were earmarked by donors for CBH’s commitments to programme activities, including all the funds received from IHS Towers.

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Risk Management

Trustees regularly consider the various risks to which the Charity may be exposed as set out in the charity’s Risk Register, and they remain confident that they have appropriate systems in place to mitigate these risks.

Rwanda continues to display the characteristics of an emerging market, but with a greater degree of security than many neighbouring countries in Africa, despite the ever-present risk of a flare-up of insecurity in the Great Lakes region. 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. 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:

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 6 months of expenditure in accordance with standard practices. Funds held in CBH’s three bank accounts at the I&M Bank in Rwanda would typically only be enough for a few months’ operations, although the large payment from HIS Towers (see above) was also deposited in our Rwandan account. Occasionally 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 holds the lease for 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 raised primarily in £ sterling and held in a £ sterling bank account in the UK (CAF Bank). Smaller balances are held in Rwandan Francs and

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in US$ in Rwanda. In 2024 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. Payments are not generally made in any country other than the UK and Rwanda.

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:

• select suitable accounting policies and then apply them consistently

• observe the methods and principles in the Charities SORP

• make judgments and estimates that are reasonable and prudent

• state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

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

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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 Date: ￿9￿-1 ￿ Is 17

INDEPENDEKf EXAMINElfS REPORT TO THE TRUSTEES OF CRICKET BUILDS HOPE Independent examinerfs report to the trustees of Cricket Builds Hope I report to Ihe charity trustees on my examinab.on of the accounts of Cricket Builds Hope (the Trust) for the year ended 31 December 2024. Responslbllltles 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 Charrties Act 2011 (Ihe Act.). I report in respect of my examination of the Trusfs accounts carried out und8r S8Ction 145 of the Act 8nd in carying out my examination I hav8 followed all applicaLAe Directions given by the Charity Commission under Section 14515)(b) of the Acl. Independent examinetrs statement I have completed my examination. I confirm that rK) material matters have come to my attention in connection with the examination giving me cause to believe Ihat any material respect: awounting records V￿re not kept iri respect of the Trust as required by Section 130 of Ihe Act,. or the accounts do not accord with those records. or the accounts do not comply wtlh the applicable requirements conceming the form and content of accounts set out in the Chaiities (Accounts and Reports) Regulalions 2008 other than any requirement that th8 accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no conc£ms and have ￿me across no other matters in connection ￿1th the examinalion to which attenth'on 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 Havanl Hampshire P09 1QU Pa98 18

CRICKET BUILDS HOPE

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
17,661
Charitable activities
5
Charitable activities
25,000
Other trading activities
3
30,948
Investment income
4
3,170
Total
76,779
EXPENDITURE ON
Raising funds
6
12,104
Charitable activities
7
Charitable activities
97,975
Total
110,079
NET INCOME/(EXPENDITURE)
(33,300)
RECONCILIATION OF FUNDS
Total funds brought forward
136,351
TOTAL FUNDS CARRIED FORWARD
103,051		 Restricted
funds
£
-
84,153
-
-
84,153
12,001
32,378
44,379
39,774
39,975
79,749		 2024
Total
funds
£
17,661
109,153
30,948
3,170
160,932
24,105
130,353
154,458
6,474
176,326
182,800		 2023
Total
funds
£
29,374
49,500
145,488
3,236
227,598
46,703
97,788
144,491
83,107
93,219
176,326

The notes form part of these financial statements

Page 19

CRICKEf BUILDS HOPE BALANCE SHEEr 31 DECEMBER 2024 2024 2023 Notes CURRENT ASSETS Debtors Cash at bank and in hand 12 18.360 186.073 9,990 168,639 204.433 178.629 CREDITORS Amounts falling due wtthin on8 year 13 (21.633) (2,303) NEf CURRENT ASSErs 182,800 176.326 TOTAL ASSEfs LESS CURRENT LIABILITIES 182.800 176.326 NET ASs￿s 182,800 176.326 FUNDS Unrestricted funds Restricted funds 15 103.051 79.749 136.351 39,975 TOTAL FUNDS 182.800 176,326 The fin8nGial statements were approv&d by the Board of Trust88s and aulhorised frir issue on and wer8 signed on its behalf by. R Nicoll - Trustee The notes f(Ym part of these financial statements Page 20

CRICKET BUILDS HOPE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

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.

Creditors and provisions

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continued...

CRICKET BUILDS HOPE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

1. ACCOUNTING POLICIES - continued

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.

2.
DONATIONS AND LEGACIES
Donations
3.
OTHER TRADING ACTIVITIES
Fundraising events
Other local income
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:
Programme funding
Dragon School, Oxford
Ark Build plc
St James
Surrey Cricket Club
Lennox Hannay
NIUM
FIS
AMLLP
IHS Towers

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CRICKET BUILDS HOPE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

6. RAISING FUNDS

Raising donations and legacies

Dinner expenses
Other expenses
CHARITABLE ACTIVITIES COSTS
Direct
Costs
£
Charitable activities
89,933
GRANTS PAYABLE
Charitable activities
SUPPORT COSTS
Charitable activities
Support costs, included in the above, are as follows:
Finance
Bank charges
Governance costs
Accountancy and legal fees
Independent examiner fee		 2024
£
12,104
12,001
24,105
Grant
funding of
activities
Support
(see note
costs (see
8)
note 9)
£
£
38,519
1,901
2024
£
38,519
Governance
Finance
costs
£
£
173
1,728
2024
Charitable
activities
£
173
2024
Charitable
activities
£
216
1,512
1,728		 2023
£
42,490
4,213
46,703
Totals
£
130,353
2023
£
19,039
Totals
£
1,901
2023
Total
activities
£
210
2023
Total
activities
£
200
1,440
1,640

7. CHARITABLE ACTIVITIES COSTS

8. GRANTS PAYABLE

9. SUPPORT COSTS

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continued...

CRICKET BUILDS HOPE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

10. TRUSTEES' REMUNERATION AND BENEFITS

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

Trustees' expenses

During the year two trustees (2023: three) were reimbursed out of pocket expenses totalling £1,110 (2023: £2,137).

11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
29,374
Charitable activities
Charitable activities
9,500
Other trading activities
145,488
Investment income
3,236
Total
187,598
EXPENDITURE ON
Raising funds
46,703
Charitable activities
Charitable activities
78,894
Total
125,597
NET INCOME
62,001
RECONCILIATION OF FUNDS
Total funds brought forward
74,350
TOTAL FUNDS CARRIED FORWARD
136,351
12.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
Prepayments and accrued income		 Restricted
funds
£
-
40,000
-
-
40,000
-
18,894
18,894
21,106
18,869
39,975
2024
£
-
18,360
18,360		 Total
funds
£
29,374
49,500
145,488
3,236
227,598
46,703
97,788
144,491
83,107
93,219
176,326
2023
£
9,990
-
9,990

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CRICKET BUILDS HOPE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Taxation and social security
Other creditors
14.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted
Restricted
funds
funds
£
£
Current assets
124,684
79,749
Current liabilities
(21,633)
-
103,051
79,749
15.
MOVEMENT IN FUNDS
At 1.1.24
£
Unrestricted funds
Cricket Builds Hope
136,351
Restricted funds
Womens Health and Sexual Education
39,975
Digital Classroom
-
Cricket For Life
-
39,975
TOTAL FUNDS
176,326
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
Cricket Builds Hope
76,779
Restricted funds
Womens Health and Sexual Education
-
Gahanga Cricket Stadium
1,250
Holiday camps and english lessons
7,800
Non-schooling children
1,000
Digital Classroom
36,527
Cricket For Life
37,576
84,153
TOTAL FUNDS
160,932		 2024
2023
£
£
-
651
21,633
1,652
21,633
2,303
2024
2023
Total
Total
funds
funds
£
£
204,433
178,629
(21,633)
(2,303)
182,800
176,326
Net
movement
At
in funds
31.12.24
£
£
(33,300)
103,051
(34,329)
5,646
36,527
36,527
37,576
37,576
39,774
79,749
6,474
182,800
Resources
Movement
expended
in funds
£
£
(110,079)
(33,300)
(34,329)
(34,329)
(1,250)
-
(7,800)
-
(1,000)
-
-
36,527
-
37,576
(44,379)
39,774
(154,458)
6,474

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continued...

CRICKET BUILDS HOPE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

15. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
Cricket Builds Hope
Restricted funds
Womens Health and Sexual Education
Yorkshire Tea Coaching Programme
TOTAL FUNDS		 Net
movement
At
At 1.1.23
in funds
31.12.23
£
£
£
74,350
62,001
136,351
15,000
24,975
39,975
3,869
(3,869)
-
18,869
21,106
39,975
93,219
83,107
176,326

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

Unrestricted funds
Cricket Builds Hope
Restricted funds
Womens Health and Sexual Education
Yorkshire Tea Coaching Programme
TOTAL FUNDS		 Incoming
resources
£
187,598
40,000
-
40,000
227,598		 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

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.

Digital Classroom

The Rwandan company IHS Towers is sponsoring the construction and equipping of a digital classroom at the Gahanga Cricket Stadium. This facility, which will be equipped with classroom furniture and computers, is designed to allow young people in the area, principally girls, to learn IT-related subjects alongside the opportunity to play cricket at the stadium. The classroom could also be used by Cricket Builds Hope for its other sport for development programmes and would also be available to the Rwanda Cricket Association to provide an alternative meeting room to the pavilion. Construction should be completed within 4 months in 2025.

Cricket For Life

This programme, due to start early in 2025, will be focussed on adolescents attending schools near the Gahanga Cricket Stadium. It will offer cohorts of 30 boys and girls a 5-10 week course of life skills including leadership, sexual health, and IT skills to be undertaken alongside cricket games. The intention is for sponsorship from IHS Towers to be used initially to fund this programme, with additional donors or core funding from CBH to be used for later editions of the programme.

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continued...

CRICKET BUILDS HOPE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

16. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2024.

Page 27