REGISTERED COMPANY NUMBER: 09264086 (England and Wales) REGISTERED CHARITY NUMBER: 1160656
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 30 September 2023
for
Harpenden Cricket Club
Lightwater Accountants Limited
2 Quarry Bank Lightwater Surrey GU18 5PE
Harpenden Cricket Club
Contents of the Financial Statements for the Year Ended 30 September 2023
| Page | |
|---|---|
| Report of the Trustees | 1 to 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 to 8 |
| Notes to the Financial Statements | 9 to 16 |
| Detailed Statement of Financial Activities | 17 to 18 |
Harpenden Cricket Club
Report of the Trustees for the Year Ended 30 September 2023
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 30 September 2023. 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
As set out in the Articles of Association, the objects of Harpenden Cricket Club are:
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To provide community participation in healthy recreation by providing facilities for playing cricket and other sports ("facilities" means land, buildings, equipment and organisation of cricketing or other sporting activities);
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To advance the education of children and young people whether or not undergoing formal education
The Club has been in existence since 1863 and, in that time, has become an important part of our local community. We are a family Club and this lies at the heart of our success both on and off the playing field. Fostering this sense of family involvement is the cornerstone of our efforts to promote cricket in our local community. The Trustees recognise that, following the Club's conversion to become a charity, the Club's various activities must be run according to the best principles of corporate governance. The Trustees believe that the charity conversion has focused our efforts on achieving our twin objectives for the benefit of our local community. We continue to look to attract volunteers to strengthen our team to ensure we can deliver the best quality services. The Club has a fee-paying membership, which is concessionary for specific groups, e.g. Juniors, and for others where the payment of fees might be an obstacle to their participation in cricket activities at the Club.
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Harpenden Cricket Club
Report of the Trustees
for the Year Ended 30 September 2023
OBJECTIVES AND ACTIVITIES
Significant activities
Cricket (Senior Men)
An excellent year for the first team, who finished second only 3 points behind the champions.
The seconds have struggled for 2 or 3 seasons in what is a highly competitive league and did not perform as we had hoped in a lower league.
The 3rds, 4ths, 5ths, and 6ths all did well and it was particularly satisfying to have a high number of playing senior cricket with a high number of u/13s playing senior cricket for the first time. Amazingly, we fielded a seventh team on every Saturday but one.
The club welcomed several new players to the club, and it is very satisfying to confirm that the club is now more diverse than it has ever been.
We are delighted to provide good competitive cricket to a wide range of age groups and abilities.
Cricket (Senior Women)
A great season for our Women’s team who won their league and remained unbeaten. We expect to run 2 women’s teams in 2024.
Cricket (Juniors)
The club has a very significant junior section with over 150 All stars (5-8 year olds); 300 boys and 130 girls.
It was an excellent season for the boys and girls across all age groups. The u/13 boys narrowly missed out in the final, while the u/11 girls held on to their unbeaten record by winning their final.
The club has taken over a second ground in Rothamsted Park for 2023 and this will be used primarily for junior cricket. This means we now manage 5 cricket squares in Harpenden.
Communications
We introduced new and regular communications to our members in 2022 and this has been warmly received. It has also helped to raise the profile of the club and its role at the heart of the local community.
Club Mark
HCC achieved Club Mark again this year.
Public benefit
The Club provides sporting facilities to enable ages from 5 to 77 to actively participate in sport.
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Harpenden Cricket Club
Report of the Trustees for the Year Ended 30 September 2023
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.
The company is the sole member of its subsidiary, HCC 2015 LTD, a company registered in England and Wales under registered number 09887493. This subsidiary company was incorporated on 25 November 2015 and prepares its financial statement to 30 September, donating its profits to Harpenden Cricket Club.
Recruitment and appointment of new trustees
The company's Articles of Association require that there be at least three Trustees and a maximum of twelve Trustees (Article 25). Any person who is willing to act as a Trustee may be appointed Trustee by ordinary resolution or a decision of the Trustees (Article 26), provided they have reached the age of 18 years, and unless disqualified under Article 27. One third of the Trustees who are subject to retirement by rotation, or the nearest number to one third, must retire from office at each annual general meeting, plus any Trustees who have been appointed by the Trustees since the last annual general meeting. Those to retire by rotation are those which have been the longest in office since their last appointment or reappointment. Other appointees as Trustees must be recommended by the Trustees and then comply with the notices required by Articles 26.7.2 and 26.8. There are currently 6 Trustees. The Trustees, along with an Executive Committee, meet around eight times per year to review the Club's performance and ensure the Club's strategy to meet its objectives is being implemented. The Trustees are supported by a number of volunteers who deliver the Club's core activities and provide support for other volunteers that the Club is fortunate to have.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
09264086 (England and Wales)
Registered Charity number
1160656
Registered office
104 Station Road Harpenden AL5 4TU
Trustees
M Fordham P Waters G Newman S Wade S Caunce D Washington
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Harpenden Cricket Club
Report of the Trustees for the Year Ended 30 September 2023
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner Mrs Katharine Sarah Hardy Lightwater Accountants Limited 2 Quarry Bank Lightwater Surrey GU18 5PE
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.............................................................. M Fordham - Trustee
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Independent Examiner's Report to the Trustees of Harpenden Cricket Club
Independent examiner's report to the trustees of Harpenden Cricket Club ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2023.
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.
Independent examiner's statement
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:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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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
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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.
Mrs Katharine Sarah Hardy
Lightwater Accountants Limited 2 Quarry Bank Lightwater Surrey GU18 5PE
Date: .............................................
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Harpenden Cricket Club
Statement of Financial Activities for the Year Ended 30 September 2023
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies Other trading activities 2 Investment income 3 Total EXPENDITURE ON Charitable activities Cricket Other Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted fund £ 119,614 22,040 30,053 171,707 173,067 - 173,067 (1,360) 112,161 110,801 |
Restricted funds £ 4,965 - - 4,965 19,491 - 19,491 (14,526) 242,153 227,627 |
30.9.23 Total funds £ 124,579 22,040 30,053 176,672 192,558 - 192,558 (15,886) 354,314 338,428 |
30.9.22 Total funds £ 111,411 21,669 28,528 161,608 151,547 118 151,665 9,943 344,371 354,314 |
|---|---|---|---|---|
The notes form part of these financial statements
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Harpenden Cricket Club
Balance Sheet 30 September 2023
| Notes FIXED ASSETS Tangible assets 8 Investments 9 CURRENT ASSETS Debtors 10 Cash at bank CREDITORS Amounts falling due within one year 11 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 13 Unrestricted funds Restricted funds TOTAL FUNDS |
Unrestricted fund £ 38,930 1 38,931 22,211 53,909 76,120 (4,250) 71,870 110,801 110,801 |
Restricted funds £ 222,738 - 222,738 - 4,889 4,889 - 4,889 227,627 227,627 |
30.9.23 Total funds £ 261,668 1 261,669 22,211 58,798 81,009 (4,250) 76,759 338,428 338,428 110,801 227,627 338,428 |
30.9.22 Total funds £ 273,309 1 273,310 94,947 6,442 101,389 (20,385) 81,004 354,314 354,314 112,161 242,153 354,314 |
|---|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.
The notes form part of these financial statements
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Harpenden Cricket Club
Balance Sheet - continued 30 September 2023
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(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.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. M Fordham - Trustee
The notes form part of these financial statements
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Harpenden Cricket Club
Notes to the Financial Statements for the Year Ended 30 September 2023
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, with the exception of investments which are included at market value.
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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Main pavilion - 10% on cost Groundsman's store - 20% on cost Ground equipment - at varying rates on cost Scoreboard - 20% on cost Artificial wicket - at varying rates on cost
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.
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Harpenden Cricket Club
Notes to the Financial Statements - continued for the Year Ended 30 September 2023
1. ACCOUNTING POLICIES - continued
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
| 2. OTHER TRADING ACTIVITIES Match teas Ground and pavilion hire Sponsorships 3. INVESTMENT INCOME Donation from subsidiary Deposit account interest 4. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets |
30.9.23 £ 4,936 1,179 15,925 22,040 30.9.23 £ 29,298 755 30,053 30.9.23 £ 20,145 |
30.9.22 £ 5,273 708 15,688 21,669 30.9.22 £ 28,528 - 28,528 30.9.22 £ 19,720 |
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Harpenden Cricket Club
Notes to the Financial Statements - continued for the Year Ended 30 September 2023
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 September 2023 nor for the year ended 30 September 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 September 2023 nor for the year ended 30 September 2022.
6. STAFF COSTS
| 30.9.23 £ Wages and salaries - - 7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund funds £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 105,911 5,500 Other trading activities 21,669 - Investment income 28,528 - Total 156,108 5,500 EXPENDITURE ON Charitable activities Cricket 136,410 15,137 Other 118 - Total 136,528 15,137 |
30.9.22 £ - - Total funds £ 111,411 21,669 28,528 161,608 151,547 118 151,665 |
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Harpenden Cricket Club
Notes to the Financial Statements - continued for the Year Ended 30 September 2023
7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
| NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 8. TANGIBLE FIXED ASSETS COST At 1 October 2022 Additions At 30 September 2023 DEPRECIATION At 1 October 2022 Charge for year At 30 September 2023 NET BOOK VALUE At 30 September 2023 At 30 September 2022 |
Unrestricted Restricted fund funds £ £ 19,580 (9,637) 92,581 251,790 112,161 242,153 Main Groundsman's pavilion store £ £ 290,526 21,635 - - 290,526 21,635 53,262 13,768 14,526 1,967 67,788 15,735 222,738 5,900 237,264 7,867 |
Total funds £ 9,943 344,371 354,314 Ground equipment £ 32,125 8,504 40,629 5,662 3,081 8,743 31,886 26,463 |
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Harpenden Cricket Club
Notes to the Financial Statements - continued for the Year Ended 30 September 2023
8. TANGIBLE FIXED ASSETS - continued
| COST At 1 October 2022 Additions At 30 September 2023 DEPRECIATION At 1 October 2022 Charge for year At 30 September 2023 NET BOOK VALUE At 30 September 2023 At 30 September 2022 9. FIXED ASSET INVESTMENTS MARKET VALUE At 1 October 2022 and 30 September 2023 NET BOOK VALUE At 30 September 2023 At 30 September 2022 |
Scoreboard £ 5,712 - 5,712 3,997 571 4,568 1,144 1,715 |
Artificial wicket Totals £ £ 6,000 355,998 - 8,504 6,000 364,502 6,000 82,689 - 20,145 6,000 102,834 - 261,668 - 273,309 Shares in group undertakings £ 1 1 1 |
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There were no investment assets outside the UK.
The company's investments at the balance sheet date in the share capital of companies include the following:
HCC 2015 LTD
Registered office: Nature of business: Trading subsidiary
| % | |
|---|---|
| Class of share: | holding |
| Ordinary | 100 |
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Harpenden Cricket Club
Notes to the Financial Statements - continued for the Year Ended 30 September 2023
| 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Amounts owed by group undertakings VAT Prepayments 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other loans (see note 12) VAT Deferred income Accrued expenses 12. LOANS An analysis of the maturity of loans is given below: Amounts falling due within one year on demand: Other loans 13. MOVEMENT IN FUNDS At 1.10.22 £ Unrestricted funds General fund 112,161 Restricted funds Restricted funds 242,153 TOTAL FUNDS 354,314 |
30.9.23 £ 12,258 842 9,111 22,211 30.9.23 £ 4,250 - - - 4,250 30.9.23 £ 4,250 Net movement in funds £ (1,360) (14,526) (15,886) |
30.9.22 £ 80,369 - 14,578 94,947 30.9.22 £ 5,125 242 14,018 1,000 20,385 30.9.22 £ 5,125 At 30.9.23 £ 110,801 227,627 338,428 |
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Harpenden Cricket Club
Notes to the Financial Statements - continued for the Year Ended 30 September 2023
13. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming Resources resources expended £ £ Unrestricted funds General fund 171,707 (173,067) Restricted funds Restricted funds 4,965 (19,491) TOTAL FUNDS 176,672 (192,558) Comparatives for movement in funds Net At movement 1.10.21 in funds £ £ Unrestricted funds General fund 92,581 19,580 Restricted funds Restricted funds 251,790 (9,637) TOTAL FUNDS 344,371 9,943 Comparative net movement in funds, included in the above are as follows: Incoming Resources resources expended £ £ Unrestricted funds General fund 156,108 (136,528) Restricted funds Restricted funds 5,500 (15,137) TOTAL FUNDS 161,608 (151,665) |
Movement in funds £ (1,360) (14,526) (15,886) At 30.9.22 £ 112,161 242,153 354,314 Movement in funds £ 19,580 (9,637) 9,943 |
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Harpenden Cricket Club
Notes to the Financial Statements - continued for the Year Ended 30 September 2023
14. RELATED PARTY DISCLOSURES
During the year ended 30 September 2023, the trading subsidiary donated its profits of £29,298 (2022 - £28,528) to the company. At the balance sheet date £12,258 (2022 - £80,369) was owed by HCC 2015 LTD, the company's subsidiary.
15. COMPANY LIMITED BY GUARANTEE
The company has no share capital and is limited by guarantee. In the event of the charity being wound up, the liability of the guarantee is limited to £10 per member of the charity.
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Harpenden Cricket Club
Detailed Statement of Financial Activities for the Year Ended 30 September 2023
| INCOME AND ENDOWMENTS Donations and legacies Donations Gift aid Grants Subscriptions Nets and kit Sundry cricket income Other trading activities Match teas Ground and pavilion hire Sponsorships Investment income Donation from subsidiary Deposit account interest Total incoming resources EXPENDITURE Charitable activities Cricket equipment & pitch hire Coaching and match/player expenses Pavilion refurbishment Nets and kit expenses League and association subs Rent, rates and water Insurance and licences Light and heat Carried forward |
30.9.23 £ 18,479 2,319 3,221 64,292 29,511 6,757 124,579 4,936 1,179 15,925 22,040 29,298 755 30,053 176,672 3,961 52,789 - 12,682 1,843 2,943 7,940 3,998 86,156 |
30.9.22 £ 17,594 2,188 3,490 58,418 29,721 - 111,411 5,273 708 15,688 21,669 28,528 - 28,528 161,608 5,210 39,095 1,822 10,767 920 753 7,440 3,319 69,326 |
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This page does not form part of the statutory financial statements
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Harpenden Cricket Club
Detailed Statement of Financial Activities for the Year Ended 30 September 2023
| Charitable activities Brought forward Telephone Ground maintenance & equipment Maintenance, repairs & cleaning Socials and events costs Depreciation of main pavilion Depreciation of groundsman's store Depreciation of ground equipment Depreciation of scoreboard Other Interest payable Support costs Management Accountancy fees Sundry expenses Total resources expended Net (expenditure)/income |
30.9.23 £ 86,156 389 48,881 20,570 6,529 14,526 1,967 3,081 571 182,670 - 1,050 8,838 9,888 192,558 (15,886) |
30.9.22 £ 69,326 360 35,442 11,960 6,511 14,526 1,967 2,656 571 143,319 118 930 7,298 8,228 151,665 9,943 |
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This page does not form part of the statutory financial statements
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