Company registration number: 09796240 Charity registration number: 1168595
Falkland Cricket Club Limited
(A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 October 2025
E J Business Consultants Limited 2 Toomers Wharf Canal Walk Newbury Berkshire RG14 1DY
Falkland Cricket Club Limited
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 to 3 |
| Statement of Trustees' Responsibilities | 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements | 8 to 14 |
Falkland Cricket Club Limited
Reference and Administrative Details
Trustees Mr N J Trumper Mr N D Rider Mr G P Beal Mr R D Marson Mrs L M Hewetson Mr M R L Foster Mr D A C Harrison Mr A Bose Secretary Mr R D Marson Principal Office Falkland Cricket Club Enborne Street Newbury Berkshire RG14 6TW The charity is incorporated in England and Wales. Company Registration Number 09796240 1168595
Charity Registration Number Independent Examiner
E J Business Consultants Limited 2 Toomers Wharf Canal Walk Newbury Berkshire RG14 1DY
Page 1
Falkland Cricket Club Limited
Trustees' Report
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 October 2025.
Objectives and activities
Objects and aims
The objects for which the Club is established are:
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To promote community participation in healthy recreation by providing facilities for playing cricket; - To provide and assist in providing facilities for sport, recreation or other leisure time occupation of such people who have need for such facilities by reason of their youth, age, infirmity or disablement, poverty or social and economic circumstances or for the public at large in the interests of social welfare and the object of improving their conditions of life;
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To advance the education of children and young people through such means as the directors think fit in accordance with the law of the charity.
Public benefit
Traditional adult male cricket continues to be the principal activity of the Club numerically but the junior sides remain very well supported and there is a successful girls and women's section which is growing rapidly. During the year courses were run for disabled cricketers and the Club has opened up new scout facilities on the Club's land to open opportunities for further learning and development of children
The trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Achievements and performance
The Income and Expenditure Account shows an excess of £37,924. There was no capital costs related to Pavilion and there was no other capital expenditure this year.
Key Statistics
(a) An Excess of Income over Expenditure of £37,924
(b) The FCC Trading Ltd donation was £18,982 (c) Membership fees increased by £12,372 to £37,971 (d) Match Fee & Tea profit increased by £1,711 to £5,733
(e) Facilities costs increased by £12,564 to £40,299
(f) Cricket expenses decreased by £1,419 to £59,475
(g) Sponsorship income decreased £1,000 to £25,921
(h) The Bonfire Night profit wa s £15,443
The Club has achieved great success over the last year against its objectives with a vibrant boys section and a burgeoning girls section providing greater access to Cricket across the local community. Alongside growing numbers of participants, supported by the All Stars and Dynamos programme, the club has also had improved success in retaining players in the older age groups. This has led to greater opportunities being presented to players as the development pathway from youth cricket to adult cricket becomes more mature as the proportion of "home grown" players increases across adult cricket.
The increase in numbers has allowed the adult section expand into a 5th team and also allow further teams to be entered into youth leagues.
Alongside the youth development, Falkland Cricket Club also supports a walking football group, providing activity and social support for members of the community.
Page 2
Falkland Cricket Club Limited
Trustees' Report
Structure, governance and management
Nature of governing document
Falkland Cricket Club Limited is a company limited by guarantee without share capital governed by its Memorandum and Articles of Association, as amended by special resolutions registered at Companies House dated 12 November 2015 and 3 May 2017. It was incorporated on 26 September 2015. It registered as a charity with the Charity Commission on 3 August 2016.
The annual report was approved by the trustees of the charity on .................... and signed on its behalf by:
......................................... Mr A Bose Trustee
Page 3
Falkland Cricket Club Limited
Statement of Trustees' Responsibilities
The trustees (who are also the directors of Falkland Cricket Club Limited for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the trustees of the charity on .................... and signed on its behalf by:
......................................... Mr A Bose Trustee
Page 4
Falkland Cricket Club Limited
Independent Examiner's Report to the trustees of Falkland Cricket Club Limited
I report on the accounts of the charity for the year ended 31 October 2025 which are set out on pages 6 to 14 .
Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
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examine the accounts under section 145 of the 2011 Act;
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to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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to state whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 386 of the Companies Act 2006; and
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to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
...................................... E J Business Consultants Limited ICAEW
2 Toomers Wharf Canal Walk Newbury Berkshire RG14 1DY
Date:.............................
Page 5
Falkland Cricket Club Limited
Statement of Financial Activities for the Year Ended 31 October 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
| Note Income and Endowments from: Donations and Grants 3 Other trading activities 4 Other income 5 Total Income Expenditure on: Raising funds Total Expenditure Net income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 11 |
Unrestricted funds £ 31,871 89,147 16,681 137,699 (99,775) (99,775) 37,924 37,924 149,016 186,940 |
Restricted funds £ - - - - - - - - 1,257,565 1,257,565 |
Total 2025 £ 31,871 89,147 16,681 |
|---|---|---|---|
| 137,699 | |||
| (99,775) | |||
| (99,775) | |||
| 37,924 | |||
| 37,924 1,406,581 |
|||
| 1,444,505 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in note 11.
Page 6
Falkland Cricket Club Limited
(Registration number: 09796240) Balance Sheet as at 31 October 2025
| Note Fixed assets Tangible assets 7 Current assets Debtors 8 Cash at bank and in hand Creditors: Amounts falling due within one year 9 Net current assets Total assets less current liabilities Creditors: Amounts falling due after more than one year 10 Net assets Funds of the charity: Restricted funds Unrestricted income funds Unrestricted funds Total funds 11 |
2025 £ 1,706,191 26,140 24,093 50,233 (9,115) 41,118 1,747,309 (302,804) 1,444,505 1,257,565 186,940 1,444,505 |
2024 £ 1,715,777 21,609 18,142 |
|---|---|---|
| 39,751 (8,244) |
||
| 31,507 | ||
| 1,747,284 (340,701) |
||
| 1,406,583 | ||
| 1,257,565 149,017 |
||
| 1,406,582 |
For the financial year ending 31 October 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements on pages 6 to 14 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by:
......................................... Mr A Bose Trustee
Page 7
Falkland Cricket Club Limited
Notes to the Financial Statements for the Year Ended 31 October 2025
1 Charity status
The charity is a charity limited by guarantee and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Basis of preparation
Falkland Cricket Club Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
Exemption from preparing a cash flow statement
The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.
Income and endowments
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
Page 8
Falkland Cricket Club Limited
Notes to the Financial Statements for the Year Ended 31 October 2025
Gifts in kind
Gifts in kind are recognised in different ways dependent on how they are used by the charity:
(i) Those donated for resale produce income when they are sold. They are valued at the amount actually realised.
(ii) Those donated for onward transmission to beneficiaries are included in the Statement of Financial Activities as incoming resources and resources expended when they are distributed. They are valued at the amount the charity would have had to pay to acquire them.
(iii) Those donated for use by the charity itself are included when receivable. They are valued at the amount the charity would have had to pay to acquire them.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Raising funds
These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets costing £500.00 or more are initially recorded at cost.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class Plant and machinery Fixtures and fittings Computer equipment
Depreciation method and rate 25% straight line on cost 25% straight line on cost 25% straight line on cost
Page 9
Falkland Cricket Club Limited
Notes to the Financial Statements for the Year Ended 31 October 2025
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
Page 10
Falkland Cricket Club Limited
Notes to the Financial Statements for the Year Ended 31 October 2025
3 Income from donations and legacies
| Sponsorship Junior Training 4 Income from other trading activities Trading income; Match fees and tea receipts Events income; Bonfire Night profit Other income Membership subscriptions Property rental income |
Unrestricted funds General £ 25,921 5,950 31,871 Unrestricted funds General £ 5,733 15,443 37,971 30,000 89,147 |
Total 2025 £ 25,921 5,950 31,871 Total 2025 £ 5,733 15,443 37,971 30,000 89,147 |
Total 2024 £ 26,921 4,745 |
|---|---|---|---|
| 31,666 | |||
| Total 2024 £ 4,022 19,249 25,600 30,000 |
|||
| 78,871 |
5 Other income
| Pavilion / Car park project Other income |
Unrestricted funds General £ - 16,681 16,681 |
Total 2025 £ - 16,681 16,681 |
Total 2024 £ 698 8,403 |
|---|---|---|---|
| 9,101 |
Page 11
Falkland Cricket Club Limited
Notes to the Financial Statements for the Year Ended 31 October 2025
6 Taxation
The charity is a registered charity and is therefore exempt from taxation.
7 Tangible fixed assets
| Cost At 1 November 2024 At 31 October 2025 Depreciation At 1 November 2024 Charge for the year At 31 October 2025 Net book value At 31 October 2025 At 31 October 2024 8 Debtors Prepayments Other debtors |
Land and buildings £ 1,520,938 1,520,938 - - - 1,520,938 1,520,938 |
Plant and machinery £ 92,564 |
Main Ground and 3rd XI Ground £ 180,500 180,500 - - - 180,500 180,500 2025 £ 18,614 7,526 26,140 |
Main Ground and 3rd XI Ground £ 180,500 180,500 - - - 180,500 180,500 2025 £ 18,614 7,526 26,140 |
Total £ 1,794,002 1,794,002 78,225 9,586 87,811 1,706,191 1,715,777 2024 £ 16,884 4,725 |
|
|---|---|---|---|---|---|---|
| 92,564 | 180,500 | |||||
| 78,225 9,586 |
- - |
|||||
| 87,811 | - | |||||
| 4,753 | 180,500 | |||||
| 14,339 | 180,500 | |||||
| 2025 £ 18,614 7,526 26,140 |
||||||
| 21,609 |
Page 12
Falkland Cricket Club Limited
Notes to the Financial Statements for the Year Ended 31 October 2025
9 Creditors: amounts falling due within one year
| 9 Creditors: amounts falling due within one year |
||
|---|---|---|
| Trade creditors Other taxation and social security VAT grant repayable Outstanding Grant balances Accruals and other creditors |
2025 £ 1,818 11 (1,075) 4,672 3,689 9,115 |
2024 £ 58 (20) 1,617 4,669 1,920 |
| 8,244 |
10 Creditors: amounts falling due after one year
| 10 Creditors: amounts falling due after one year | ||
|---|---|---|
| Bank loans Other loans |
2025 £ 76,137 226,667 302,804 |
2024 £ 89,034 251,667 |
| 340,701 |
Included in Other loans is loan made by Berkshire Cricket Community Foundation (BCCF) to Falkland Cricket Club Ltd (FCC) for £110,000 for purchase of land. This loan is going to be repaid by the way of set-off of the rent payments under 11 years lease on office space that FCC granted to BCCF At the balance sheet date outstanding amount was £61,667 (2024 £71,667)
Page 13
Falkland Cricket Club Limited
Notes to the Financial Statements for the Year Ended 31 October 2025
11 Funds
| Unrestricted funds General Restricted funds Total funds Unrestricted funds General Restricted funds Total funds |
Balance at 1 November 2024 £ (149,016) (1,257,565) (1,406,581) Balance at 1 November 2023 £ (113,443) (1,256,867) (1,370,310) |
Incoming resources £ (137,699) - (137,699) Incoming resources £ (118,940) (698) (119,638) |
Resources expended £ 99,775 - 99,775 Resources expended £ 83,366 - 83,366 |
Balance at 31 October 2025 £ (186,940) (1,257,565) |
|---|---|---|---|---|
| (1,444,505) | ||||
| Balance at 31 October 2024 £ (149,017) (1,257,565) |
||||
| (1,406,582) |
12 Analysis of net assets between funds
| Tangible fixed assets Current assets Current liabilities Creditors over 1 year Total net assets |
Unrestricted funds General £ 1,706,191 50,233 (9,115) (302,804) 1,444,505 |
Total funds £ 1,706,191 50,233 (9,115) (302,804) |
|---|---|---|
| 1,444,505 |
Page 14