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2023-09-30-accounts

REGISTERED COMPANY NUMBER: CE006861 (England and Wales) REGISTERED CHARITY NUMBER: 1165948

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2023

FOR

BERKSHIRE CRICKET COMMUNITY FOUNDATION

Richardson Jones Chartered Accountants & Registered Auditors Mercury House 19-21 Chapel Street Marlow Buckinghamshire SL7 3HN

BERKSHIRE CRICKET COMMUNITY FOUNDATION

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2023

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 6
Report of the Independent Auditors 7 to 8
Statement of Financial Activities 9
Balance Sheet 10
Cash Flow Statement 11
Notes to the Cash Flow Statement 12
Notes to the Financial Statements 13 to 20
Detailed Statement of Financial Activities 21 to 22

BERKSHIRE CRICKET COMMUNITY FOUNDATION

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 30TH SEPTEMBER 2023

TRUSTEES J Bolan (resigned 9.3.23) G Riaz S Spencer-Jones T Hussain D Peaple (resigned 30.3.23) N D Brewster M Lane O Majid M Simmons I M Wood-Smith S M Bartlett (appointed 8.12.22) (resigned 5.10.23) J Haines (appointed 31.5.23) REGISTERED OFFICE The Cricket Pavilion Enborne Street Newbury Berkshire RG14 6TW

REGISTERED COMPANY NUMBER CE006861 (England and Wales) REGISTERED CHARITY NUMBER 1165948

INDEPENDENT AUDITORS Richardson Jones Chartered Accountants & Registered Auditors Mercury House 19-21 Chapel Street Marlow Buckinghamshire SL7 3HN BANKERS Metro Bank PLC One Southampton Row London WC1B 5HA

Day-to-day management

The trustees delegate day-to-day management to Mark Roche, the charity's Chief Executive.

Page 1

BERKSHIRE CRICKET COMMUNITY FOUNDATION

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH 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 30th 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).

Introduction

The scale and breadth of our work continued to grow, with a greater focus during this period on the 'Cricket for good' element of our activities, looking to provide the most opportunities to those with the least. This was achieved by both reprofiling some existing activities into areas of high deprivation and introducing new programmes to support under-represented communities. The growth in these areas will increase the diversity of participants across the County and will help us to work towards our mission of 'More People, More Places, More Cricket'.

OBJECTIVES AND ACTIVITIES

Objectives and aims

Berkshire Cricket Community Foundation (Berkshire Cricket) is a Charitable Incorporated Organisation (CIO) and its constitution states that its objects are "for the benefit of the public generally and, in particular, the inhabitants of Berkshire and its surrounding areas:

1.1 to promote community participation in healthy recreation, in particular by providing and assisting in providing facilities for and the organising the playing of cricket and other sport and games capable of promoting health.

1.2 to provide and assist in providing facilities for sport, recreation and other leisure time occupation of such persons who have need for such facilities by reason of their youth, age, infirmity or disablement, poverty, or social economic circumstances or for the public at large in the interest of social welfare with the object of improving their condition of life.

1.3 to advance the education of children and young people through such means as the trustees think fit; and

1.4 such charitable purposes for the public benefit as are exclusively charitable according to the laws of England and Wales as the trustees may from time to time determine."

Significant activities

The charity performs a wide range of cricket activities to achieve these objectives and the trustees have regard to the Charity Commission guidance on public benefit. Activities are split into pillars of:

Participation & Growth - Schools, Community, Clubs - which delivers:

Performance Cricket with Boys and Girls Pathways and the Men's and Women's County First Team and includes delivering:

Public benefit

The trustees are all familiar with and have regard to the Charity Commission guidance "The Essential Trustee: what you need to know, what you need to do" as well as the guidance on "Public Benefit".

Page 2

BERKSHIRE CRICKET COMMUNITY FOUNDATION

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH SEPTEMBER 2023

STRATEGIC REPORT Achievement and performance

Schools

Competition opportunities was again a key focus of our Schools programme, with nearly 50 events taking place across the period - this covered all Primary age groups from Year 1 through to Year 6 children. The coaching delivery programme reached over 100 individual Primary Schools, with half of these receiving a full School programme (6 weeks) and the others having engagement days. Over 10,000 children benefited directly from our activities, with over one third of these being from a diverse ethnicity and two thirds in Town/Urban areas. In all, over 3,000 hours of activity were delivered across the Schools network.

Clubs

Improvement in facilities was again a key focus of the club support programme, with over £100K invested in club facilities to improve and expand club facilities with a focus on match-play and training surfaces.

The growth of the cricket workforce (coaches, umpires, scorers, ground-staff, and committee volunteers) continued to grow with over 350 individuals attending a training courses across the year. Bursaries were provided to support individuals from underrepresented groups who wanted to gain a coaching qualification, looking to remove/reduce the financial barrier - over 100 people receive this support, all of whom were either female or from a diverse ethnicity. All Stars Cricket and Dynamos Cricket continued to be delivered across the Club network, with 34 clubs being part of these initiatives.

Women & Girls cricket continued to flourish, with 34 of our clubs now having an offer for Women and/or Girls. Youth Competitions yet again saw an increase in team entries, with one third of the teams being Girls only teams.

Community

Our Hub Cricket programme continued to deliver free coaching and match-play to children who attend State School, with over 400 children attending trials and 240 of these selected into squads for the winter programme and Summer match-play. The Reading Under 16 Hub won the National Cup with the final played at Lords Cricket Ground. The Street Tapeball offer provided over 300 children with weekly free sessions, across 10 venues, and competition days in school holidays.

All Stars Cricket and Dynamos Cricket was delivered in community settings to provide children in receipt of free school meals with the opportunity to take part in these activities without any financial contribution - over 400 children benefitted from these programmes across the summer.

Our work in Reading increased to establish two 'hubs' where youth cricket has been introduced to fill the gap in provision in this locality.

Disability

Our work in the disability sphere increased to record levels, with direct provision to 12 SEND Schools and festival days for schools to compete with and against each other. The growth of our Super 1s Hubs, in partnership with the Lords Taverners, saw us establish three hubs across the County providing weekly cricket sessions for young people with disabilities. The inaugural Super 1s Festival saw our three hubs compete against each other, and we also won a tri county competition with one of our hubs.

Male Performance

Our Male Performance programme continued to deliver success, with the Men's First XI retaining the NCCA Trophy with victory over Cumbria for the fourth consecutive time. The Under 18 Boys team retained the ECB T20 Trophy, and players continued to be transitioned into the professional game through our links with first class counties. Over the last four years Berkshire have provided circa 20% of the players from National Counties into both first class academies and making first class debuts.

Female Performance

Our links with Southern Vipers continued to prove successful, with 8 players forming the regional Emerging Players Programme, and continued support to the coaching team has brought huge benefits. The additional contact time that our coaches have with the talented players through our Extra Provision Group has been key to the progression of our players. The Girls pathway is growing at the younger age, which will increase the talent pool throughout over the next few years.

Investment In Staff

Alongside supporting staff through financial remuneration, we have also commenced a series of team days which have covered group and individual CPD, along with supporting performance staff to access further coaching qualifications (Advanced and Specialist courses) and Participation staff to deliver Coach Development.

Page 3

BERKSHIRE CRICKET COMMUNITY FOUNDATION

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH SEPTEMBER 2023

STRATEGIC REPORT Financial review

Financial position

Overall, income was £982,246 and spend of £954,016 - a surplus of £28,230. Of this surplus, £19,929 is restricted and the unrestricted reserves have increased by £8,301.

Our unrestricted reserves at 30th September 2023 now stand at £88,191. Together with £83,333 rent reserve which is non-cash and held against the equivalent pre-payment and the £85,000 held and designated in case of shutdown this totals the £256,524 shown on the balance sheet.

The trustees are budgeting to invest the non-designated reserve of £88,191 over the next 3-5 years.

Principal funding sources

Funding for these activities comes from a variety of funders but the main two which are split out in the accounts below are the England & Wales Cricket Trust (E&WCT, £461K) and Chance to Shine (£151K). We also received £23K from Lords Taverners.

We are grateful to all our funders, large and small.

Reserves policy

The charity will set aside a sum by way of a reserve against unforeseen contingencies.

The purpose of the reserve is to mitigate against negative risk or provide working capital in case of positive risk or opportunity so we can:

A - Meet contractual liabilities in the event of the organisation shutting down

B - Meet programme expenses (including overheads) in the event of failure of programme funder (where we believe the programme should continue in the absence of the programme funder) or where the programme funder pays in arrears C - Fulfil our organisation values with respect to stability of employment for staff (given multiple time bound programme funding agreements)

D - Cover costs such as long-term sickness and maternity pay as required.

Principal risks and uncertainties

The current funding contract with the England & Wales Cricket Board expires on the 31st January 2025, with the details of the 2025-29 agreement due in May 2024. Early indication is that funding is likely to increase rather than decrease.

Future plans

We aim to grow and strengthen the game, support communities, and inspire the county. We will:

We have prioritised the following pillars to achieve this:

This is then supported by a continued focus on support pillars:

The ambition and strategy of the Berkshire Cricket are set out in a five-year strategy document approved by the Board and agreed with the ECB, who provide approximately 50% of the Charity's source of funds.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a constitution, and constitutes a Charitable Incorporated Organisation, as defined by the Charities Act 2011.

Page 4

BERKSHIRE CRICKET COMMUNITY FOUNDATION

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH SEPTEMBER 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT

Recruitment and appointment of new trustees

The charity has a Nominations Committee which is comprised of Trustees and the CEO, and they are responsible for recruitment and appointment of new trustees as well as succession planning and appointment of senior executives (CEO and FD).

Organisational structure

The Board of Trustees is skills-based and must have 8-12 members. At least 30% must be of the minority gender and one of ethnic origin.

There is an annual appraisal of the Board and the Chair, as well as an annual skills matrix review to guide this work.

There is a Finance, Risk, Audit and Governance committee comprised of two to four trustees, the Chief Executive and Finance Director, which meets four times each year to review the forecast v. budget in detail, review and propose any updates to finance-related policies and the Risk Register and to ensure the audit and governance work is compliant.

There is also a Nominations Committee comprised of two to four trustees which oversees executive and board recruitment, remuneration and non-finance polices.

Decision making

Key strategic decisions are discussed and agreed by the full Board of Trustees, and this includes setting the five-year strategy, developing plans and policies, assessing the risk framework, and approving the annual budget.

The Management team is then tasked with delivering on these objectives and plans within the approved budget.

Induction and training of new trustees

There is an induction document and process which helps to guide the new trustee in the first weeks/months of their appointment. This includes, but is not limited to a historical background, review of five-year strategy, financial overview, EDI & Safeguarding training, governance requirements of both Charity Commission and our main funders.

Key management remuneration

The remuneration policy covers all staff, including key management. The salary bands have been developed using external benchmarking and internal affordability. The Chair of the Board is responsible for the annual appraisal of the CEO and FD which leads to a remuneration proposal. This goes first to the Nominations Committee then to the Finance, Risk, Audit & Governance committee to check affordability and then to the full Board for final approval.

England Cricket Board (ECB) Governance

Berkshire Cricket complies with the Charity Commission Governance as well as with the Silver Tier of the Governance Framework of our main funder. The County Partnership Agreement (CPA), which regulates the relationship with the primary funder, and has now been agreed and signed, and we are committed to continuing to meet the CPA Standards and Silver Tier Governance. A greater focus has, quite rightly, been put onto safeguarding, and the appointment of a member of staff to oversee this along with a Board Champion shows our commitment to this. With the County Club now fully integrated into the Foundation structure, both the County Board and County Club are fully compliant with the ECB requirements for both safeguarding and governance.

Organisational Development

The staffing structure comprised of a total of 19 staff at the end of the fiscal, with clear areas of responsibility and alignment to the Countywide Plan and Board of Trustees. The growth in staff numbers reflects the increase in the number and scale of the programmes that we run.

Page 5

BERKSHIRE CRICKET COMMUNITY FOUNDATION

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH SEPTEMBER 2023

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of 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:

o select suitable accounting policies and then apply them consistently; o observe the methods and principles in the Charities SORP 2019 (FRS 102);

o make judgements and estimates that are reasonable and prudent;

o state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

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

The trustees are responsible for keeping proper accounting records that 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 Charities (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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

AUDITORS

The auditors, Richardson Jones, will be proposed for re-appointment at the forthcoming Annual General Meeting.

Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on ............................................. and signed on the board's behalf by:

................................................................. N D Brewster - Trustee

Page 6

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF BERKSHIRE CRICKET COMMUNITY FOUNDATION

Opinion

We have audited the financial statements of Berkshire Cricket Community Foundation (the 'charity') for the year ended 30th September 2023 which comprise Statement of Financial Activities, Balance Sheet, Cash Flow Statement and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

o give a true and fair view of the state of the charity's affairs as at 30th September 2023, and of its incoming resources and application of resources, including its income and expenditure, for the year then ended; o have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and o have been prepared in accordance with the requirements of the Charities Act 2011.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the Report of the Trustees, other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:

o the information given in the trustees' report is inconsistent in any material respect with the financial statements; or o sufficient accounting records have not been kept; or

o the financial statements are not in agreement with the accounting records; or o we have not received all the information and explanations we require for our audit.

Responsibilities of trustees

As explained more fully in the trustees' responsibilities statement [set out on page 6], the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Page 7

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF BERKSHIRE CRICKET COMMUNITY FOUNDATION

Auditor responsibilities for the audit of the financial statements

We have been appointed as auditor under section 145 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.

We gained an understanding of the legal and regulatory framework applicable to Berkshire Cricket Community Foundation and the charity sector in which it operates, and considered the risk of acts by the charity that were contrary to applicable laws and regulations, including fraud. We designed audit procedures to respond to the risk, recognising that the risk of not detecting material misstatement due to fraud is higher than the risk of not detecting one from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion.

We focused on laws and regulations which could give rise to material misstatement in the financial statements, including, but not limited to, the Charities Act 2011 and UK tax legislation. Our procedures included:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities is available on the FRC's website at www.frc.org.uk/library/standards-codes-policy/audit-assurance-and-ethics/auditors-responsibilities-for-the-audit. This description forms part of our auditor's report.

Use of our report

This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

for and on behalf of Richardson Jones Ltd (Statutory Auditor) Chartered Accountants & Registered Auditors Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 Mercury House 19-21 Chapel Street Marlow Buckinghamshire SL7 3HN

Date: .............................................

Page 8

BERKSHIRE CRICKET COMMUNITY FOUNDATION

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH SEPTEMBER 2023

Unrestricted
Restricted
funds
funds
Notes
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
16,916
11,614
Charitable activities
4
Charitable activities
460,331
487,717
Investment income
3
2,323
-
Other income
3,345
-
Total
482,915
499,331
EXPENDITURE ON
Raising funds
5
17,910
3,077
Charitable activities
6
Charitable activities
456,682
476,347
Total
474,592
479,424
NET INCOME/(EXPENDITURE)
8,323
19,907
Transfers between funds
17
(22)
22
Net movement in funds
8,301
19,929
RECONCILIATION OF FUNDS
Total funds brought forward
248,223
25,071
TOTAL FUNDS CARRIED FORWARD
256,524
45,000		 30.9.23
Total
funds
£
28,530
948,048
2,323
3,345
982,246
20,987
933,029
954,016
28,230
-
28,230
273,294
301,524		 30.9.22
Total
funds
£
25,643
854,167
624
5,110
885,544
11,695
954,482
966,177
(80,633)
-
(80,633)
353,927
273,294

CONTINUING OPERATIONS

All income and expenditure has arisen from continuing activities.

The notes form part of these financial statements

Page 9

BERKSHIRE CRICKET COMMUNITY FOUNDATION

BALANCE SHEET
30TH SEPTEMBER 2023
Notes
CURRENT ASSETS
Debtors: amounts falling due within one year
12
Debtors: amounts falling due after more than one
year
12
Cash at bank
CREDITORS
Amounts falling due within one year
13
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
ACCRUALS AND DEFERRED INCOME
15
NET ASSETS
FUNDS
17
Unrestricted funds:
Lease Fund
Berkshire Cricket Foundation General
Designated shut-down reserve
Restricted funds
TOTAL FUNDS		 30.9.23
£
139,312
73,333
199,847
412,492
(31,713)
380,779
380,779
(79,255)
301,524
83,333
88,191
85,000
256,524
45,000
301,524		 30.9.22
£
112,474
83,333
170,688
366,495
(73,021)
293,474
293,474
(20,180)
273,294
93,333
69,890
85,000
248,223
25,071
273,294

These financial statements have been audited under the requirements of Section 145 of the Charities Act 2011.

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

............................................. N D Brewster - Trustee

The notes form part of these financial statements

Page 10

BERKSHIRE CRICKET COMMUNITY FOUNDATION

CASH FLOW STATEMENT FOR THE YEAR ENDED 30TH SEPTEMBER 2023

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by/(used in) operating activities
Cash flows from investing activities
Interest received
Net cash provided by investing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end of
the reporting period		 30.9.23
£
26,836
26,836
2,323
2,323
29,159
170,688
199,847		 30.9.22
£
(81,843)
(81,843)
624
624
(81,219)
251,907
170,688

The notes form part of these financial statements

Page 11

BERKSHIRE CRICKET COMMUNITY FOUNDATION

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 30TH SEPTEMBER 2023

1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income/(expenditure) for the reporting period (as per the
Statement of Financial Activities)
Adjustments for:
Interest received
Increase in debtors
Increase in creditors
Net cash provided by/(used in) operations		 30.9.23
£
28,230
(2,323)
(16,838)
17,767
26,836		 30.9.22
£
(80,633)
(624)
(16,717)
16,131
(81,843)

2. ANALYSIS OF CHANGES IN NET FUNDS

At 1.10.22 Cash flow At 30.9.23 At 30.9.23
£ £ £
Net cash
Cash at bank 170,688 29,159 199,847
Total 170,688 29,159 199,847

The notes form part of these financial statements

Page 12

BERKSHIRE CRICKET COMMUNITY FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland ' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain assets.

Going Concern

At the balance sheet date, the charity had an excess of current assets over current liabilities and net assets of £301,524 (2022: £273,294). The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able 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.

Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

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.

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.

Pension

The charity operates a defined contribution pension scheme and has paid into this auto-enrolment compliant group scheme since April 2017. Contributions payable to the pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

continued...

Page 13

BERKSHIRE CRICKET COMMUNITY FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH SEPTEMBER 2023

2. DONATIONS AND LEGACIES DONATIONS AND LEGACIES
30.9.23 30.9.22
£ £
Donations 28,530 25,643
3. INVESTMENT INCOME
30.9.23 30.9.22
£ £
Deposit account interest 2,323 624
4. INCOME FROM CHARITABLE ACTIVITIES
30.9.23 30.9.22
Activity £ £
Charitable Activities Charitable activities 948,048 854,167
Grants received, included in the above, are as follows:
30.9.23 30.9.22
£ £
England & Wales Cricket Trust 460,776 415,973
Chance to Shine 151,064 126,140
Sport England 9,972 -
621,812 542,113
5. RAISING FUNDS
Raising donations and legacies
30.9.23 30.9.22
£ £
Fundraising Expenses 20,987 11,695
6. CHARITABLE ACTIVITIES COSTS
Support
Direct costs (see
Costs note 7) Totals
£ £ £
Charitable activities 547,724 385,305 933,029
7. SUPPORT COSTS
Information
Management Finance technology
£ £ £
Charitable activities 335,226 3,264 10,419

continued...

Page 14

BERKSHIRE CRICKET COMMUNITY FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH SEPTEMBER 2023

7. SUPPORT COSTS - continued

Charitable activities
8.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Auditors' remuneration		 Governance
Other
costs
£
£
26,082
10,314
30.9.23
£
7,260		 Totals
£
385,305
30.9.22
£
3,540

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30th September 2023 nor for the year ended 30th September 2022.

Trustees' expenses

Total expenses reimbursed to 5 of the trustees during the year ended 30 September 2023 was £1,596.06 (2022 £1,927.67). The nature of the expenses was that of governance costs, travelling, mileage claims and match catering expenses and all trustees had their expenses reimbursed by the charity during the year.

10. STAFF COSTS

No employee received a salary at a rate of more than £60,000 per annum in the period.

The average numbers of staff during the year was 19 (2022: 20).

11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
Restricted
funds
funds
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
21,521
4,122
Charitable activities
Charitable activities
462,555
391,612
Investment income
624
-
Other income
5,110
-
Total
489,810
395,734
EXPENDITURE ON
Raising funds
11,695
-
Charitable activities
Charitable activities
535,752
418,730
Total
547,447
418,730
NET INCOME/(EXPENDITURE)
(57,637)
(22,996)
Transfers between funds
(124)
124
Net movement in funds
(57,761)
(22,872)		 Total
funds
£
25,643
854,167
624
5,110
885,544
11,695
954,482
966,177
(80,633)
-
(80,633)

continued...

Page 15

BERKSHIRE CRICKET COMMUNITY FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH SEPTEMBER 2023

11.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
funds
funds
£
£
RECONCILIATION OF FUNDS
Total funds brought forward
305,984
47,943
TOTAL FUNDS CARRIED FORWARD
248,223
25,071
12.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23
£
Trade debtors
116,797
Other debtors
-
Prepayments and accrued income
22,515
139,312

Debtors falling due after more than one year is represented by prepaid rent of £73,333.

13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade creditors
Social security and other taxes
Credit Card
Pension Fund
Other creditors
Accrued expenses		 30.9.23
£
12,845
-
(44)
-
-
18,912
31,713		 30.9.22
£
16,006
12,418
330
4,748
24,808
14,711
73,021

14. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

Within one year
Between one and five years		 30.9.23
£
10,000
13,333
23,333		 30.9.22
£
10,000
23,333
33,333

The lease agreement with Falkland Cricket Club (FCC) was signed in January 2021 and an annual rent agreed at an initial rate of £10,000 per annum. The term is 11 years beginning January 2021 and ending January 2032. The break date is February 2026.

It is agreed between BCCF and FCC that each annual rent payment made by BCCF to FCC under the lease shall be considered a repayment of the £110,000 loan under the terms of the loan agreement dated July 2020.

continued...

Page 16

BERKSHIRE CRICKET COMMUNITY FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH SEPTEMBER 2023

15. ACCRUALS AND DEFERRED INCOME

Deferred income 30.9.23
£
79,255		 30.9.22
£
20,180

At 1 October 2022 the balance on deferred income was £20,180. Additions during the year were £79,255 and £20,180 was released to income. At 30 September 2023 the balance on deferred income was £79,255.

Income has been deferred for:

Coaching delivered after the year-end.

ECB Emerging Player Programme funding October 2023 to September 2024. ECB Funds4Runs funding Autumn 2023 Women's Softball Winter 23/24

16. ANALYSIS OF NET ASSETS BETWEEN FUNDS

30.9.23 30.9.22
Unrestricted Restricted Total Total
funds funds funds funds
£ £ £ £
Current assets 367,492 45,000 412,492 366,495
Current liabilities (31,713) - (31,713) (73,021)
Accruals and deferred income (79,255) - (79,255) (20,180)
256,524 45,000 301,524 273,294
MOVEMENT IN FUNDS
Net Transfers
movement between
At 1.10.22 in funds funds At 30.9.23
£ £ £ £
Unrestricted funds
Lease Fund 93,333 - (10,000) 83,333
Berkshire Cricket Foundation General 69,890 9,148 9,153 88,191
England & Wales Cricket Trust - (825) 825 -
Designated shut-down reserve 85,000 - - 85,000
248,223 8,323 (22) 256,524
Restricted funds
England & Wales Cricket Trust 12,906 16,093 - 28,999
BCF Restricted 12,165 3,814 22 16,001
25,071 19,907 22 45,000
TOTAL FUNDS 273,294 28,230 - 301,524

17. MOVEMENT IN FUNDS

continued...

Page 17

BERKSHIRE CRICKET COMMUNITY FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH SEPTEMBER 2023

17. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
Berkshire Cricket Foundation General 308,925 (299,777) 9,148
England & Wales Cricket Trust 173,990 (174,815) (825)
482,915 (474,592) 8,323
Restricted funds
England & Wales Cricket Trust 286,786 (270,693) 16,093
Chance to Shine 148,764 (148,764) -
BCF Restricted 63,781 (59,967) 3,814
499,331 (479,424) 19,907
TOTAL FUNDS 982,246 (954,016) 28,230

Comparatives for movement in funds

Net Transfers
movement between
At 1.10.21 in funds funds At 30.9.22
£ £ £ £
Unrestricted funds
Lease Fund 103,333 (10,000) - 93,333
Berkshire Cricket Foundation General 117,651 (47,761) - 69,890
England & Wales Cricket Trust - 124 (124) -
Designated shut-down reserve 85,000 - - 85,000
305,984 (57,637) (124) 248,223
Restricted funds
England & Wales Cricket Trust 15,775 (2,993) 124 12,906
BCF Restricted 32,168 (20,003) - 12,165
47,943 (22,996) 124 25,071
TOTAL FUNDS 353,927 (80,633) - 273,294

continued...

Page 18

BERKSHIRE CRICKET COMMUNITY FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH SEPTEMBER 2023

17. MOVEMENT IN FUNDS - continued

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

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
Lease Fund - (10,000) (10,000)
Berkshire Cricket Foundation General 66,555 (114,316) (47,761)
England & Wales Cricket Trust 423,255 (423,131) 124
489,810 (547,447) (57,637)
Restricted funds
England & Wales Cricket Trust 171,993 (174,986) (2,993)
Chance to Shine 126,140 (126,140) -
BCF Restricted 97,601 (117,604) (20,003)
395,734 (418,730) (22,996)
TOTAL FUNDS 885,544 (966,177) (80,633)

A current year 12 months and prior year 12 months combined position is as follows:

Net Transfers
movement between
At 1.10.21 in funds funds At 30.9.23
£ £ £ £
Unrestricted funds
Lease Fund 103,333 (10,000) (10,000) 83,333
Berkshire Cricket Foundation General 117,651 (38,613) 9,153 88,191
England & Wales Cricket Trust - (701) 701 -
Designated shut-down reserve 85,000 - - 85,000
305,984 (49,314) (146) 256,524
Restricted funds
England & Wales Cricket Trust 15,775 13,100 124 28,999
BCF Restricted 32,168 (16,189) 22 16,001
47,943 (3,089) 146 45,000
TOTAL FUNDS 353,927 (52,403) - 301,524

continued...

Page 19

BERKSHIRE CRICKET COMMUNITY FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH SEPTEMBER 2023

17. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
Lease Fund - (10,000) (10,000)
Berkshire Cricket Foundation General 375,480 (414,093) (38,613)
England & Wales Cricket Trust 597,245 (597,946) (701)
972,725 (1,022,039) (49,314)
Restricted funds
England & Wales Cricket Trust 458,779 (445,679) 13,100
Chance to Shine 274,904 (274,904) -
BCF Restricted 161,382 (177,571) (16,189)
895,065 (898,154) (3,089)
TOTAL FUNDS 1,867,790 (1,920,193) (52,403)

The purposes for which the funds are held:

Unrestricted funds

General fund- This fund is represented by annual rent payments made by BCCF to Falkland Cricket Club.

Berkshire Cricket Foundation General fund- this fund has accumulated over many years from surpluses and is being invested into charitable activities.

England & Wales Cricket Trust (EWCT)-The EWCT funding supports community participation in cricket as a means of promoting and improving health. In addition, the EWCT promotes work to improve provision of cricket in schools, clubs and other youth cricket activities. This funding also includes funds from the England and Wales Cricket Board. This funding is core funding.

Restricted funds

Chance to Shine- funding received from the charity, Chance to Shine, to give children the opportunity to learn and play through cricket via programme delivery by BCCF in Schools and Communities.

England & Wales Cricket Trust (EWCT)- This funding is for the delivery of specific projects funded by the EWCT and England and Wales Cricket Board (ECB).

BCF Restricted fund- This is funding to support and deliver smaller projects.

18. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 September 2023.

Page 20

BERKSHIRE CRICKET COMMUNITY FOUNDATION

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH SEPTEMBER 2023

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Investment income
Deposit account interest
Charitable activities
Charitable Activities
Other income
Reserve transfers
Other income
Total incoming resources
EXPENDITURE
Raising donations and legacies
Fundraising Expenses
Charitable activities
Coaching
Facility Hire
Advertising
Events and Delivery
Support costs
Management
Wages
Social security
Pensions
Rent and Rates
Sundries
Cross-charge coaching delivery
Finance
Credit card booking fees
Information technology
Telephone and Computer costs
Other
Insurance
Postage and stationery
Travelling expenses
Carried forward		 30.9.23
£
28,530
2,323
948,048
3,345
-
3,345
982,246
20,987
280,348
78,245
28,851
160,280
547,724
483,580
48,778
51,012
11,239
16,429
(275,812)
335,226
3,264
10,419
1,833
1,052
21,697
24,582		 30.9.22
£
25,643
624
854,167
-
5,110
5,110
885,544
11,695
251,157
69,356
14,006
204,813
539,332
478,400
47,174
49,973
11,845
6,308
(228,488)
365,212
2,154
9,992
1,694
1,495
25,135
28,324

This page does not form part of the statutory financial statements

Page 21

BERKSHIRE CRICKET COMMUNITY FOUNDATION

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH SEPTEMBER 2023

Other
Brought forward
Premises Expenses
Governance costs
Auditors' remuneration
Accountancy and legal fees
Total resources expended
Net income/(expenditure)		 30.9.23
£
24,582
1,500
26,082
7,260
3,054
10,314
954,016
28,230		 30.9.22
£
28,324
-
28,324
3,540
5,928
9,468
966,177
(80,633)

This page does not form part of the statutory financial statements

Page 22