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 2024
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 2024
| 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 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 September 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES Objectives and aims
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 2024
OBJECTIVES AND ACTIVITIES Significant activities
Cricket (Senior Men)
An excellent year for the first team, who won the Hertfordshire Premier League, and also the County T20 competition.
The second and third team won their respective leagues (2A and 4B respectively) The 4ths, 5ths, and 6ths all did well, and all finished in the top 4 in their respective leagues. 24 U/14s played league cricket.
Our 7[th] team played several friendlies and will join the league system in 2025.
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)
Another good season for this young team who won their league with an unbeaten record. For the first time we fielded a women’s second team, and we also continued to field a softball team.
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. All the teams did well and in the girls’ section every team made finals day, and the u/15 girls were crowned county champions.
The club now maintains 5 grounds in Harpenden.
Disability Cricket
Towards the end of the season, we became a hub for disability cricket in Hertfordshire, further emphasising our commitment to cricket for all.
Communications
We continued to provide regular communications to our members in 2024 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.
New Net Facilities
We have sought planning permission for 2 new hard nets on our main ground. This has been granted, and we expect to have these installed in time for the new 2025 season
Club Mark
HCC achieved Club Mark again this year.
Public benefit
The Club provides sporting facilities to enable ages from 5 to 75 to actively participate in sport.
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Harpenden Cricket Club
Report of the Trustees for the Year Ended 30 September 2024
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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Ha len Cricket Club Tru or the Year Ended 30 r 2024 REFERENCE AND ADMINISTRATIVE DEfAILS Independent Examinor Mrs Katharino Sarth Hardy Lightsvater Accountants Limited 2 Qua Bank Lightwater Surrey GU18 SPE Approved by ordw of the board of trustees on ..................... Zgltr... and signed on Lts (JL IA For(lirn - Trustee Page 4
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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 2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
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: ....2[nd] February 2025....................................
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Harpenden Cricket Club
Statement of Financial Activities for the Year Ended 30 September 2024
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 103,269 Other trading activities 2 26,497 Investment income 3 30,764 Total 160,530 EXPENDITURE ON Charitable activities Cricket 175,040 NET INCOME/(EXPENDITURE) (14,510) RECONCILIATION OF FUNDS Total funds brought forward 110,801 TOTAL FUNDS CARRIED FORWARD 96,291 |
Restricted funds £ - - - - 14,526 (14,526) 227,627 213,101 |
30.9.24 Total funds £ 103,269 26,497 30,764 160,530 189,566 (29,036) 338,428 309,392 |
30.9.23 Total funds £ 124,579 22,040 30,053 176,672 192,558 (15,886) 354,314 338,428 |
|---|---|---|---|
The notes form part of these financial statements
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Harpenden Cricket Club
Balance Sheet 30 September 2024
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 8 33,736 Investments 9 1 33,737 CURRENT ASSETS Debtors 10 10,052 Cash at bank 56,752 66,804 CREDITORS Amounts falling due within one year 11 (4,250) NET CURRENT ASSETS 62,554 TOTAL ASSETS LESS CURRENT LIABILITIES 96,291 NET ASSETS 96,291 FUNDS 13 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ 208,212 - 208,212 - 4,889 4,889 - 4,889 213,101 213,101 |
30.9.24 Total funds £ 241,948 1 241,949 10,052 61,641 71,693 (4,250) 67,443 309,392 309,392 96,291 213,101 309,392 |
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 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.
The notes form part of these financial statements
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continued...
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 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, 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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continued...
Harpenden Cricket Club
Notes to the Financial Statements - continued
for the Year Ended 30 September 2024
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 |
30.9.24 £ 6,055 - 20,442 26,497 30.9.24 £ 29,959 805 30,764 |
30.9.23 £ 4,936 1,179 15,925 22,040 30.9.23 £ 29,298 755 30,053 |
|---|---|---|
4. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 30.9.24 | 30.9.23 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 19,720 | 20,145 |
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Harpenden Cricket Club
Notes to the Financial Statements - continued for the Year Ended 30 September 2024
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 September 2024 nor for the year ended 30 September 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 September 2024 nor for the year ended 30 September 2023.
6. STAFF COSTS
| Wages and salaries | 30.9.24 £ - - |
30.9.23 £ - - |
|---|---|---|
| 7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund funds £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 119,614 4,965 Other trading activities 22,040 - Investment income 30,053 - Total 171,707 4,965 EXPENDITURE ON Charitable activities Cricket 173,067 19,491 NET INCOME/(EXPENDITURE) (1,360) (14,526) RECONCILIATION OF FUNDS Total funds brought forward 112,161 242,153 |
Total funds £ 124,579 22,040 30,053 176,672 192,558 (15,886) 354,314 |
|---|---|
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continued...
Harpenden Cricket Club
Notes to the Financial Statements - continued for the Year Ended 30 September 2024
7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
| TOTAL FUNDS CARRIED FORWARD 8. TANGIBLE FIXED ASSETS COST At 1 October 2023 and 30 September 2024 DEPRECIATION At 1 October 2023 Charge for year At 30 September 2024 NET BOOK VALUE At 30 September 2024 At 30 September 2023 COST At 1 October 2023 and 30 September 2024 DEPRECIATION At 1 October 2023 Charge for year At 30 September 2024 NET BOOK VALUE At 30 September 2024 At 30 September 2023 |
Unrestricted Restricted fund funds £ £ 110,801 227,627 Main Groundsman's pavilion store £ £ 290,526 21,635 67,788 15,735 14,526 1,967 82,314 17,702 208,212 3,933 222,738 5,900 Artificial Scoreboard wicket £ £ 5,712 6,000 4,568 6,000 571 - 5,139 6,000 573 - 1,144 - |
Total funds £ 338,428 Ground equipment £ 40,629 8,743 2,656 11,399 29,230 31,886 Totals £ 364,502 102,834 19,720 122,554 241,948 261,668 |
|---|---|---|
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Harpenden Cricket Club
Notes to the Financial Statements - continued for the Year Ended 30 September 2024
9. FIXED ASSET INVESTMENTS
| FIXED ASSET INVESTMENTS | |
|---|---|
| Shares in | |
| group | |
| undertakings | |
| £ | |
| MARKET VALUE | |
| At 1 October 2023 and | |
| 30 September 2024 | 1 |
| NET BOOK VALUE | |
| At 30 September 2024 | 1 |
| At 30 September 2023 | 1 |
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 |
10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 30.9.24 | 30.9.23 | |
|---|---|---|
| £ | £ | |
| Amounts owed by group undertakings | 6,331 | 12,258 |
| VAT | 77 | 842 |
| Prepayments | 3,644 | 9,111 |
| 10,052 | 22,211 |
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Harpenden Cricket Club
Notes to the Financial Statements - continued for the Year Ended 30 September 2024
| 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other loans (see note 12) 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 1.10.23 £ Unrestricted funds General fund 110,801 Restricted funds Restricted - pavilion development 227,627 TOTAL FUNDS 338,428 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 160,530 Restricted funds Restricted - pavilion development - TOTAL FUNDS 160,530 |
30.9.24 £ 4,250 30.9.24 £ 4,250 Net movement in funds £ (14,510) (14,526) (29,036) Resources expended £ (175,040) (14,526) (189,566) |
30.9.23 £ 4,250 30.9.23 £ 4,250 At 30.9.24 £ 96,291 213,101 309,392 Movement in funds £ (14,510) (14,526) (29,036) |
|---|---|---|
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Harpenden Cricket Club
Notes to the Financial Statements - continued for the Year Ended 30 September 2024
13. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net At movement 1.10.22 in funds £ £ Unrestricted funds General fund 112,161 (1,360) Restricted funds Restricted - pavilion development 242,153 (14,526) TOTAL FUNDS 354,314 (15,886) Comparative 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 - pavilion development 4,965 (19,491) TOTAL FUNDS 176,672 (192,558) |
At 30.9.23 £ 110,801 227,627 338,428 Movement in funds £ (1,360) (14,526) (15,886) |
|---|---|
14. RELATED PARTY DISCLOSURES
During the year ended 30 September 2024, the trading subsidiary donated its profits of £29,959 (2023 - £29,298) to the company. At the balance sheet date £6,331 (2023 - £12,258) was owed by HCC 2015 LTD, the company's subsidiary.
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Harpenden Cricket Club
Notes to the Financial Statements - continued for the Year Ended 30 September 2024
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 2024
| INCOME AND ENDOWMENTS Donations and legacies Donations Gift aid Sundry income 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 Nets and kit expenses League and association subs Rent, rates and water Insurance and licences Light and heat Telephone Carried forward |
30.9.24 £ 12,085 4,197 1,907 - 64,070 21,010 - 103,269 6,055 - 20,442 26,497 29,959 805 30,764 160,530 7,033 47,732 12,830 3,180 1,020 8,754 5,182 58 85,789 |
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 3,998 389 86,545 |
|---|---|---|
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 2024
| Charitable activities Brought forward 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 Support costs Management Accountancy fees Sundry expenses Total resources expended Net expenditure |
30.9.24 £ 85,789 46,929 17,589 9,865 14,526 1,967 2,656 571 179,892 975 8,699 9,674 189,566 (29,036) |
30.9.23 £ 86,545 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) |
|---|---|---|
This page does not form part of the statutory financial statements
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