REGISTERED COMPANY NUMBER: CE008355 (England and Wales) REGISTERED CHARITY NUMBER: 1169846
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29TH FEBRUARY 2024
FOR
THE CRICKET ASYLUM FOUNDATION
Cresswells 12 Market Street Hebden Bridge West Yorkshire HX7 6AD
THE CRICKET ASYLUM FOUNDATION
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29TH FEBRUARY 2024
| Page | Page | Page | |
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 10 |
| Detailed Statement of Financial Activities | 11 |
THE CRICKET ASYLUM FOUNDATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 29TH FEBRUARY 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 29th February 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
To provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure time occupation of the game of cricket of individuals who have need of such facilities by reason of their youth, age infirmity or disability, financial hardship, or social circumstances with the object of improving their conditions of life.
Main activities
The charity exists to provide an inclusive opportunity for disadvantaged people to participate in the game of cricket to make a positive difference to the community and the participants' health and well-being.
Public benefit
In setting objectives and planning activities our trustees have given careful consideration to the Charity Commission's general guidance on public benefit and in particular the advancement of education, relief of poverty and the advancement of amateur sport.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
We have continued to deliver charitable activities - albeit at an attenuated level following Covid though we are recovering well.
We have delivered Cricket taster sessions to primary school children; these give children the opportunity to try cricket and create opportunities for them to continue the sport at local clubs.
We have delivered Cricket based activities to community groups catering for vulnerable young people.
We have delivered holiday camps across the summer and over the Christmas/Easter holidays. These have focussed on children who are entitled to free school meals though other children are not excluded. The camps concentrate on fitness, cricket, and coordination skills as well as nutritional advice and free meals and snacks.
Children who are young carers, suffer from mental health issues or come from disadvantaged backgrounds have received cricket themed sessions and talks on improving their self-esteem.
We have provided scholarships to several under privileged young people who are keen to develop their game. One beneficiary has progressed into county age group cricket, gained player of the year award for Lancashire u14s, and has now secured a place on the emerging player pathway. These opportunities would not have been possible without foundation support.
We have continued a project aimed at increasing cricket opportunities to disadvantaged and high density asian areas within Central Halifax.
FINANCIAL REVIEW
Financial review
The gross receipts for the year were £49,827, mainly restricted funds. Restricted funds of £9,974. were carried forward from the previous year.
Unrestricted cash reserves at the year-end were £4,315
Reserve funds in accordance with Reserve policy were £500
Restricted funds at the year-end totalled £5,788.
Reserves policy
The charity approved a reserves policy on 28 Feb 2020 which is available for inspection on request.
Page 1
THE CRICKET ASYLUM FOUNDATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 29TH FEBRUARY 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The trustees of the charity are appointed by the members at the AGM.
The charity was registered with the Charity Commission for England and Wales, number 1169846, on 21 October 2016.
The charity is a Charitable Incorporated Organisation (CIO) formed on 21 Oct 2016.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
CE008355 (England and Wales)
Registered Charity number
1169846
Registered office
8 Hullett Close Mytholmroyd Hebden Bridge HX7 5PQ
Trustees
Mrs V Berry M Dawson N Coles S G Kershaw N Bhasin M Yousaf M A Tasker Jones Chairman D S Kershaw Secretary I R S Newman Treasurer
Company Secretary
S G Kershaw
Independent Examiner
Cresswells 12 Market Street Hebden Bridge West Yorkshire HX7 6AD
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
....................................................... Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE CRICKET ASYLUM FOUNDATION
Independent examiner's report to the trustees of The Cricket Asylum Foundation ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 29th February 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:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
-
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.
Mr John Dakin FCA
Cresswells 12 Market Street Hebden Bridge West Yorkshire HX7 6AD
Date: .............................................
Page 3
THE CRICKET ASYLUM FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 29TH FEBRUARY 2024
| Unrestricted Restricted fund funds Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 10,317 39,510 EXPENDITURE ON Raising funds - 5,000 Charitable activities Insurance 338 - Equipment - 183 Administration costs 10,425 - Coaching 1,007 29,513 Project delivery - 1,280 Catering 400 7,719 Other - - Total 12,170 43,695 NET INCOME/(EXPENDITURE) (1,853) (4,185) RECONCILIATION OF FUNDS Total funds brought forward 6,167 9,974 TOTAL FUNDS CARRIED FORWARD 4,314 5,789 |
2024 Total funds £ 49,827 5,000 338 183 10,425 30,520 1,280 8,119 - 55,865 (6,038) 16,141 10,103 |
2023 Total funds £ 45,360 - 227 1,748 4,267 40,223 850 - 86 47,401 (2,041) 18,182 16,141 |
|---|---|---|
The notes form part of these financial statements
Page 4
THE CRICKET ASYLUM FOUNDATION
BALANCE SHEET 29TH FEBRUARY 2024
| Unrestricted Restricted fund funds Notes £ £ CURRENT ASSETS Cash at bank 4,315 5,788 NET CURRENT ASSETS 4,315 5,788 TOTAL ASSETS LESS CURRENT LIABILITIES 4,315 5,788 NET ASSETS 4,315 5,788 FUNDS 4 Unrestricted funds Restricted funds TOTAL FUNDS |
2024 Total funds £ 10,103 10,103 10,103 10,103 4,315 5,788 10,103 |
2023 Total funds £ 16,141 16,141 16,141 16,141 6,167 9,974 16,141 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 2024 in accordance with Section 476 of the Companies Act 2006.
-
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Trustee
The notes form part of these financial statements
Page 5
THE CRICKET ASYLUM FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29TH FEBRUARY 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.
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.
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.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 29th February 2024 nor for the year ended 28th February 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 29th February 2024 nor for the year ended 28th February 2023.
3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted Restricted fund funds £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 7,376 37,984 EXPENDITURE ON Charitable activities Insurance 227 - Equipment - 1,748 Administration costs 3,941 326 Coaching 716 39,507 Project delivery - 850 |
Total funds £ 45,360 |
|---|---|
| 227 1,748 4,267 40,223 850 |
continued...
Page 6
THE CRICKET ASYLUM FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 29TH FEBRUARY 2024
| 3. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | - continued | |
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| fund | funds | funds | |||
| £ | £ | £ | |||
| Other | 86 | - | 86 | ||
| Total | 4,970 | 42,431 | 47,401 | ||
| NET INCOME/(EXPENDITURE) | 2,406 | (4,447) | (2,041) | ||
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 3,760 | 14,422 | 18,182 | ||
| TOTAL FUNDS CARRIED FORWARD | 6,166 | 9,975 | 16,141 | ||
| 4. | MOVEMENT IN FUNDS | ||||
| Unrestricted funds | At | 1.3.23 £ |
Net movement in funds £ |
At 29.2.24 £ |
|
| General fund | 6,167 | (1,852) | 4,315 | ||
| Restricted funds | |||||
| Postcode Community Trust | 7,806 | (7,806) | - | ||
| ESC lottery fund | 2,168 | 3,620 | 5,788 | ||
| 9,974 | (4,186) | 5,788 | |||
| TOTAL FUNDS | 16,141 | (6,038) | 10,103 | ||
| Net movement in funds, included in the above are as follows: | |||||
| Unrestricted funds | Incoming resources £ |
Resources expended £ |
Movement in funds £ |
||
| General fund | 10,317 | (12,169) | (1,852) | ||
| Restricted funds | |||||
| Community Foundation for Calderdale | |||||
| (CFFC) 1 | 31,800 | (31,800) | - | ||
| Postcode Community Trust | - | (7,806) | (7,806) | ||
| ESC lottery fund | 5,780 | (2,160) | 3,620 | ||
| Walking Cricket | 1,930 | (1,930) | - | ||
| 39,510 | (43,696) | (4,186) | |||
| TOTAL FUNDS | 49,827 | (55,865) | (6,038) | ||
continued...
Page 7
THE CRICKET ASYLUM FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 29TH FEBRUARY 2024
4. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1.3.22 | in funds | 28.2.23 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 3,760 | 2,407 | 6,167 | |
| Restricted funds | ||||
| Community Foundation for Calderdale | ||||
| (CFFC) 1 | 2,404 | (2,404) | - | |
| Tesco Community Grant | ||||
| 675 | (675) | - | ||
| Awards 4 All | 1,750 | (1,750) | - | |
| Postcode Community Trust | 9,593 | (1,787) | 7,806 | |
| ESC lottery fund | - | 2,168 | 2,168 | |
| 14,422 | (4,448) | 9,974 | ||
| TOTAL FUNDS | 18,182 | (2,041) | 16,141 | |
| Comparative net movement in funds, included in the above are as follows: | ||||
| Unrestricted funds | Incoming resources £ |
Resources expended £ |
Movement in funds £ |
|
| General fund | 7,376 | (4,969) | 2,407 | |
| Restricted funds | ||||
| Community Foundation for Calderdale | ||||
| (CFFC) 3 | 29,627 | (29,627) | - | |
| Community Foundation for Calderdale | ||||
| (CFFC) 1 | 1 | (2,405) | (2,404) | |
| Tesco Community Grant | ||||
| Awards 4 All | - 1 |
(675) (1,751) |
(675) (1,750) |
|
| Postcode Community Trust | - | (1,787) | (1,787) | |
| Arnold Clark Community Fund | 1,000 | (1,000) | - | |
| ESC lottery fund | 7,355 | (5,187) | 2,168 | |
| 37,984 | (42,432) | (4,448) | ||
| TOTAL FUNDS | 45,360 | (47,401) | (2,041) |
continued...
Page 8
THE CRICKET ASYLUM FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 29TH FEBRUARY 2024
4. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Community Foundation for Calderdale (CFFC) 1 Tesco Community Grant Awards 4 All Postcode Community Trust ESC lottery fund TOTAL FUNDS |
Net movement At 1.3.22 in funds £ £ 3,760 555 2,404 (2,404) 675 (675) 1,750 (1,750) 9,593 (9,593) - 5,788 14,422 (8,634) 18,182 (8,079) |
At 29.2.24 £ 4,315 - - - - 5,788 5,788 10,103 |
|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds | Incoming resources £ |
Resources Movement expended in funds £ £ |
|---|---|---|
| General fund | 17,693 | (17,138) 555 |
| Restricted funds | ||
| Community Foundation for Calderdale | ||
| (CFFC) 3 | 29,627 | (29,627) - |
| Community Foundation for Calderdale | ||
| (CFFC) 1 | 31,801 | (34,205) (2,404) |
| Tesco Community Grant | ||
| Awards 4 All | - 1 |
(675) (675) (1,751) (1,750) |
| Postcode Community Trust | - | (9,593) (9,593) |
| Arnold Clark Community Fund | 1,000 | (1,000) - |
| ESC lottery fund | 13,135 | (7,347) 5,788 |
| Walking Cricket | 1,930 | (1,930) - |
| 77,494 | (86,128) (8,634) |
|
| TOTAL FUNDS | 95,187 | (103,266) (8,079) |
continued...
Page 9
THE CRICKET ASYLUM FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 29TH FEBRUARY 2024
5. RELATED PARTY DISCLOSURES
Detail of remuneration and benefits
| Detail of remuneration and benefits | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Ian Newman | 450 | 205 |
Reason for remuneration
The Trustee was paid in the role of administration officer.
Legal authority for the payment
The legal authority for the payment is via a provision within the charity's governing document.
Other transactions with related parties
During the year Cricket Asylum Limited, a company with directors that are also trustees of the charity, has provided coaching services of £17,702 (2023: 30,388). The transactions are at arm's length.
Page 10
THE CRICKET ASYLUM FOUNDATION
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 29TH FEBRUARY 2024
| INCOME AND ENDOWMENTS Donations and legacies Donations Grants Total incoming resources EXPENDITURE Charitable activities Insurance Sundries Coaching Equipment Project Delivery Catering Support costs Finance Bank charges Governance costs Accountancy and legal fees Total resources expended Net expenditure |
2024 £ 10,317 39,510 49,827 49,827 338 2,174 30,520 857 1,280 8,119 43,288 - 12,577 55,865 (6,038) |
2023 £ 7,377 37,983 45,360 45,360 227 1,020 40,223 1,928 850 - 44,248 86 3,067 47,401 (2,041) |
|---|---|---|
This page does not form part of the statutory financial statements
Page 11