Berkhamsted Community Cricket and Sports Club Trustees. report and unaudited financial Stslements For thts yeaT ended 31 March 2024 Registe￿d Charity Number 1162023 Berkhamsted Community Cricket and Sports Club R•port and Ilnaficlal 8t•tomènts For thB year endod 31 M•Kh 2024 Contents Pag•: Trustees, report Independent examinerf8 raport Stslemenl of financ181 activities Balance sheet Notes fom)ing part of the financial ststements Truste•s Tim ￿￿￿eY ICh8irman) Davlrl Chrispin John Gerry Emma Potts Jamie Lewis R•g18tOT•d addr•$6 Kitcheners Field. Caslle Hlll, 8erkham5ted, Hertfordshire, HP4 1HE Rgglstorod Charity Number 11￿023 Ind•pgndent •xamlner Bignca Pemial Dux Advisory LimitÈd CharterÉd Accountsnts Kennel Club House Gatèhouse Way Aylgsbury Buckinghamshi HP19 8DB Berkhamsted Community Cricket and Sports Club Report ol th• trustees for tho y•ar •nd•d 31 M•fch 2024 The trustees present thelr Teport for the year ended 31 March 2024. ObJeGtlves and activltie• Berkhamsted Community Cricket and Sports Club I'lhe club'} is a registered charty and Community ¢lub running a number of youth 8nd adult cricket teams at all ability levels for both m8le$ and females and has in excess of 500 p¢aying members. It also provid£s Ils venue lor community events and interacts regularly with other charitable organisations to help them meet their obi'edives. 11 has a close rèlationship with Berkh8mstsd Raiders Ctsmmunity Football Club, a fellow registered charity which makes use of our facilities Tunning in excess of 90 tsams and with 1,200 members. The objectwes of the charity are.. To prornots community partlClP81ion in healthy recr$3tion by providing facilitses for playing criGket. grass roots foottlall and other sports. FaThlibes meaning lan¢J, buildings, equipment and ofgantsing activlts"es,' and To promote for the benefit gf the inhabitants ol Berkhamsted and the surrounding area the provision of faoililies for recrÈBtion or other leisure tims occup*ion of indNiduals whD have need of su¢h facilities by reason ol their youth, age, infimsty or disablement, financial hardship or socwl and econom circumstan￿$ ur for the publK al krge in the intsrests ol so(ial welfarè and with the object of improv￿n9 the condition of lrfe ol the said inhabitants. Manogem•nt and governance arrnngemants The charity is managed by a BoaTd of Trustees in Ilne with the gDveming document ISSU￿ on 25 May 2015, as am8nded on 3 September 2023, en¢J has complied with its duty lo have dve regard to the guidance on public benefrt published by the commission in exercising rts powers or dulles. The governing document require6 8 mlnimum of five trustees with a m8ximum of eight.. in lin& with the governing document, onè third of the trustees ralired from office at the Annual Genetal Meeting and were subsequently Te*lected.' Achlwem¢nts and ￿rf0MlInC¢ The club ian over 20 youth teams for girts and boys from under 7 through t¢ under 16 as well as four senior le8gue toam5 and 8 women's team. Flnanelal revitw The aim of the trustees is lo ensure tbal the ch*ity's operating ￿$ts and donations made are etsve￿d by income to continue to generate funds that can be invested in future pmiects and devek)pment of the facilitiès. Overall nel ineome increased by £13k in the year. Re$ery￿ policy The Trustees m8intsin an annual reserve and sulficlent cash hatsn￿ to ensure that ¢astt flows are cL)vered for a rolling 12-month period. The closing reserve5 are £146.53312023'. £124,700). The Trustee5 eypecl the Teserves to be used for future capitsl expendIlu￿ and other proiecis in line with the charity'$ objeth"ves. Berkhamsted Communlty Cricket and Sports Club Report of the trust¢¢s leontlnu for tho ye•r endod 31 Mar¢kn 2024 TTu$tops Thè IruS￿e9 duriw tr￿year and to the dalè of spproval of Ihè finar¢ial statementsvieTe'. TIM 8ud( Johrb Gorry Olw Chinne¢k (rèspjned April 20231 Emma Potts Jamiè Lewls D8v¢d ch￿sPin lakwointttj 23 June 20231 No trustee recei¥ed any ￿muN￿ration wi re$pectolthew servr￿ durlng Ihe current oi pr&Jf Ind•pendent Examln¢T Blanta Permal FCA ol Dux Advisory Limited was re-8ppoinied as th? charity's independent ex*nlner durlng the y￿r has expressed hw willingness ￿ oon*'nuein that cap8cty. Appfo¥o1 Thij reportwas 8pNoved by the tsustees pmtl slyned on their behalf by Chalnnan Berkhamsted Community Cricket and Sports Club thdepgndent •xamlnèfs report Inde￿nd•￿t examiner'¥ t*port to the trusto•s' of Berkhamsted Communlty Crl¢knt and Sports Club Company'l I report to the charity Ifuslees on my examination of the a¢eour*ts of the Company for Ihe yeai ended 31 March 2024. R8sponslbilltle8 arKI ba$ls of report As the ch8rity's trustees you are responsible lor the preparation of the accounts in arLordance with the reqLtirements ol the Ch8rilies AGI 2011, 1 report in respeet ol my examination of thè charity's acwunts as carried out under section 14S oftheAGt. In carrying out my examlnalK)n I have followed the Diieclions given ty the Charity commission under section 14515) (bl ol the 2011 Act. Ind•p•ndent •xamlnorf¥ statemont I have completed my examinalion."I confim that no mateiial maiters have ¢fjJmo to Tny attenlion in connection with the exomination lother than that disclosed below") which gives me cause to believe that in, any mateTial respect. A¢counting recor￿$ wère not kept in respect of the Company as requir8d by section 130 of the Act. or 2. The aecounts do not accord w(Ih the accwnling re¢))rds. 3. The accounts did not comply with ihe applicable Tequirements conceming form and contenl ol accounts set o(rt in the Charit￿S IAccounts and Report81 Regulations 2008 other than any requirement th81 the accounts give 3.lrue and faiT' view which is ngt a malter considered as part of an independent examination. I hav& no concems and have corne across no other matters in conne¢tion wiÈh th8 axaminalion to which attentson should be drawn in this ioport in ordftr to ènable 8 proper undefst2nding ol the aGwunts to ￿ reached. 8 p BianGa Pem)al Dux Advi50ry Limited Charteied Accountants Kennel Club House Gatehouse W¥y Aylesbury Buckinghamshire HP19 8DB aj) Berkhamsted Community Cricket and Sports Club ststsment offinancial •etl¥ttles For the year •nded 31 Plarch 2024 Total 2024 Total 2023 Incomlng Resourc08 from.. Grants and donat￿n$ Fund raising events and Spongorship Membeiship fees and oth•r Member Income 11,209 7.825 7,470 7,748 90.775 94,3(* Interost income 649 62 Totsl 11D.103 109,941 Re8oureos E3rp•nded Expenditure on: Ground PTepara*on Equipment League fees and match expense5 Coaching costs Donations and grants Sundry expenses Independent Examinab'on 32.643 1.438 31,301 12,104 2.005 49,746 2.783 42,170 11,753 1.358 1,080 935 Total 101 046 Net Income 21J33 8.895 Rgwnciliation m6 is recognised when thè charity becomes entilled to tme resciurce5 and 1$ more likely than not to receive th¢m. Where tho grants ar don4tiDns arè perform8n¢e relatèd, they arè only recognised when su¢h performanre criteria have been met. Gift aid 15 recognised on donations when a valid dederation has been received from the donoi. Rosource8 Exp•nded AJI expenditure is included in the 0￿nts when Incurrad. Berkhamsted Community Cricket and Sports Club Notès fornilng part of the flnancial $tstoments For the year ondèd 31 March 2024 Cash at bank and In hand Cash at bank and in hand include5 cash In hand, deposts ¥wlh banks 8nd funds that are readily convertible into ¢ash at, of close lo, their carry1r￿ values but are not held for investment Purposes. Dèbtors and prgpaym•nts Trade and other debtors are rÈcogni%2d al the Settkment amunt after any trad8 discount is applied. Prgpayments are valued al the amount prepaxl nel of any Irade dlscounts due. Gredltors •nd accrualg Creditors are re¢ognised where the Gh8rity h8s a present obli9th.on resulb.ng from a past event that will probably ￿sU11 in the transfer of funds to a third party. and the amovnt due to settle the ebligation can b¢ measured or estimated reliably. Taxat*on The club is a registered charity and accordirKJly is exempt from t&Yab'on on its inc4)me and gains whtrre they are applied for charttable purposes, In¥￿tMont• Investsnents are recognised 89 cost nel of any Provision for impaimenl. Trusto•s Remuneration None ol the Iru$tee$ r$ceived iemuneration, benefits or èxpense5 in the currènt OT prior year. Incomlng Ro8our¢os 2024 2023 Grants and donation$ lincluding gift 8idl 11.209 7,825 11,209 7,825 Fundraising and sponsoTship'. Sponsorship Fundraising events 7,250 220 6.000 1,848 7,470 7,848 Membership fees.. Adult subscriplM)ns Junior subscriptions end coaching courses Other member income 10,358 75.218 5,199 9,365 83, 90.775 94,2C6 Included within grants and donatfons in the prior year IS £5,0￿ of Incoming resourtÈs wth.ch were subject to restrfction. The funds were used for the permitted purpose in the year. The dosing funds of the charity are therefore fully unrestfirted. Berkhamsted Community Cricket and Sports Club Notes fomlng part of th• flnanclal statemint8 For the y$•r ended 31 h1o￿h 2024 Fixed Msel Investments At 1 ￿)23 SO,001 At 31 March 2024 50.001 The investment represents an investment in 100¥0 ol the equity share caprtal ol BCC Management Limitgd IBCCMI, a facility management company Incorporated in England and Wales ICr)mp3ny Number. 096338761. O•lknrn: amounts f•lllAg duo withln one yoar 2024 2023 Amounts due from subsidiary undertaking 61A14 3.084 This Is an intercompany balance due from BCCM. This amcwjnt is unsecured and repayable on demarKI Loan 2024 2023 Loan due less ihan one year Loan due greoler than one year 3,200 4.800 3,200 8,000 8.000 11,200 The loan bs interest free and repayable quarterly over a five year perlod frorn Novemter 2021 Rglatod p•rty tran8actlon¥ A management charge of £10,800 was paid lo BCGM. a wholly ovmed subsidiary of Berkhamsled Community Cricket and Sports Club. There is 3 £61,414, balance due from BCCM as of 31 March 202412023.- £3.0841.