SWARDESTON CRICKET CLUB
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2020
Charity number: 1173532
SWARDESTON CRICKET CLUB
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2020
CONTENTS
| Page | |
|---|---|
| Report of the Trustees | 1 - 4 |
| Receipts and Payments Account | 5 |
| Statement of Assets and Liabilities | 6 |
| Independent Examiner’s Report | 7 |
| Detailed Receipts and Payments Account | 8 - 9 |
SWARDESTON CRICKET CLUB
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 OCTOBER 2020
The Trustees are pleased to present their report, together with the financial statements for the year ended 31 October 2020.
Reference and administration details
Charity name: Swardeston Cricket Club Charity registration number: 1173532 Address of charity: 429 Unthank Road Norwich NR4 7QB Trustees: P Thomas D Thomas L Beadman M Thomas A Bailey K Cooper S Bartram Bankers: Barclays Bank plc 68 Evington Road Leicester LE2 1HJ Independent Examiner: M Proctor FCA DChA Lovewell Blake LLP Bankside 300 Peachman Way Broadland Business Park Norwich NR7 0LB
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SWARDESTON CRICKET CLUB
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 OCTOBER 2020
Objectives and activities
The primary purpose of the charity is the promotion of community participation in healthy recreation by the provision of facilities for playing cricket.
Public Benefit
The Trustees have given careful consideration to the guidance issued by the Charity Commission on public benefit:
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Membership of the club is open to all comers. We have 61 adult members (male and female combined) and 102 junior members in 2019. Given that cricketing activities were severely curtailed this year, club memberships were significantly lower, however the Trustees feel that 2019 numbers reflect better their ongoing membership levels. There is no test of skill for membership
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Junior open training sessions are held each Tuesday from April to July with All Stars coaching for 5-8 year olds on 8 Sunday mornings in the summer – neither of these activities were possible during the year due to COVID-19
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Women open training sessions are held each Monday from April to July
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Senior open training sessions are held each Wednesday from April to July
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The club benchmarks its match fees and membership subscriptions against other local cricket and sports clubs to ensure affordability. Membership fees were reduced substantially in 2020 due to lower activity levels
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No charge is made for admission for spectators wishing to watch matches
Achievements and performance
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The main achievement of 2020 was the staging of any cricket at all. The Government relaxed its restrictions on cricket in mid-July and, after this point, the club participated in truncated semi competitive men’s competitions organised by the East Anglian Premier League and the Norfolk Cricket Board. The club fielded three teams in these competitions and the first X1 were the winners of the EAPL event
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A series of friendly fixtures were organised for mixed ability Sunday teams
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Junior cricket matches were organised for mixed teams at under 9,11,13 and 15 age groups
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Women’s coaching took place over five Mondays in late summer and two matches were played
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When COVID restrictions were lifted, the club was able, with the support of Norwich CEYMS, to open its outdoor net facilities at its Hilltops ground to enable club members to practice. This resulted in more than 800 hours of bookings being made across the summer months
Financial review
Total receipts amounted to £27,646. After payments of £36,667, the net payments for the year amounted to £9,021.
The Trustees acknowledge that this was a disappointing performance however, like many sports clubs in the country, the club was severely affected by the lack of cricketing activity and fund-raising events due to COVID 19.
The Trustees consider the year-end financial position to be satisfactory and confirm that the charity can meet all known obligations.
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SWARDESTON CRICKET CLUB
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 OCTOBER 2020
Reserves policy
The Trustees’ policy on reserves is to hold reserves to cover the club’s approximate annual costs by a multiple of two, being approximately £80,000. This gives the club adequate headroom in the event of a decline in revenues. As at 31 October 2020, reserves amounted to £54,474, and it is the Trustees’ aim to build reserves to the required level.
Plans for the future
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The club is planning to continue to provide coaching, training and playing opportunities to players of all ages and backgrounds
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The club will continue to invest in equipment and facilities that will enable it to improve the training and playing experience for all players and spectators
Structure, governance and management
Governing document
Swardeston Cricket Club was established as a foundation CIO on 22 June 2017 and registered with the Charity Commission (registration number 1173532). On 1 November 2017 the assets and activities of the unincorporated club of the same name were transferred to the CIO.
Appointment and recruitment of Trustees
The charity has seven Trustees. The charity’s constitution states that the charity, at any one time, must have no fewer than three and no more than eight Trustees. In the event there are future Trustee vacancies, the approach will be to consider any skill sets not adequately covered by the existing Trustees and to examine whether an interested party could usefully provide these skills.
Trustees’ induction and training
All new Trustees will be provided with copies of:
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The charity’s constitution
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The latest accounts of the charity
and are encouraged to read Charity Commission guidance notes CC3 -“The Essential Trustee, what you need to know, what you need to do.”
In addition, Trustees are encouraged to read Charity Commission and other newsletters and to attend courses designed to keep them abreast of their duties and responsibilities.
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SWARDESTON CRICKET CLUB
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 OCTOBER 2020
Trustees
The current Trustees are shown on page 1. All Trustees held office throughout the period. Signed on behalf of the trustees
Mr A Bailey Treasurer
24 November 2020
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SWARDESTON CRICKET CLUB
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 OCTOBER 2020
| RECEIPTS Donations Subscriptions Sponsorship Match Fees (less umpires) Fund Raising Other Income TOTAL RECEIPTS TOTAL PAYMENTS NET (PAYMENTS) / RECEIPTS Cash and bank balances at 1 November 2019 Cash and bank balances at 31 October 2020 |
Unrestricted Funds Total Total 2020 2019 £ £ 390 1,565 1,031 6,819 5,000 7,000 307 1,782 4,371 21,609 16,547 17,305 27,646 56,080 (36,667) (44,362) (9,021) 11,718 63,495 51,777 54,474 63,495 |
Unrestricted Funds Total Total 2020 2019 £ £ 390 1,565 1,031 6,819 5,000 7,000 307 1,782 4,371 21,609 16,547 17,305 27,646 56,080 (36,667) (44,362) (9,021) 11,718 63,495 51,777 54,474 63,495 |
Funds Total 2019 £ 1,565 6,819 7,000 1,782 21,609 17,305 |
|---|---|---|---|
| 11,718 | |||
| 51,777 | |||
| 63,495 |
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SWARDESTON CRICKET CLUB
STATEMENT OF ASSETS AND LIABILITIES
FOR THE YEAR ENDED 31 OCTOBER 2020
| Cash Funds Bank current accounts Other Monetary Assets Cricket dinner debtor Liabilities Accountancy fees Accrual for ball costs |
Unrestricted 2020 £ 54,474 2020 £ - 2020 £ 960 - 960 |
Funds 2019 £ 63,495 |
Funds 2019 £ 63,495 |
|---|---|---|---|
| 2019 £ 2,402 |
|||
| 2019 £ 924 350 |
|||
| 1,274 |
These financial statements were approved by the Trustees on 24 November 2020 and are signed on their behalf by:
Mr A Bailey
Treasurer
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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF SWARDESTON CRICKET CLUB
FOR THE YEAR ENDED 31 OCTOBER 2020
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 October 2020 which are set out on pages 4 to 5.
Responsibilities and basis of report
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the accounts do not accord with those records
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.
M Proctor FCA DChA Lovewell Blake LLP Chartered Accountants Independent examiner Norwich
7 December 2020
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SWARDESTON CRICKET CLUB
DETAILED RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 OCTOBER 2020
| RECEIPTS Donations Vice Presidents Other donations Subscriptions Players Youth (including coaching) Sponsorship Leathes Prior The Finance Shop Breakwater IT cricket dinner Match Fees (less umpires) Fund Raising 100 Club Cricket dinner Raffles Annual dinner Ball Ealing match FONYC grant Other Income Junior coaching contribution Prize money All stars ECB Gross bank interest Transport Pitch hire Furlough income Total Receipts |
Unrestricted Funds 2020 2019 £ £ 190 1,265 200 300 390 1,031 2,115 - 4,704 1,031 5,000 5,000 - 500 - 1,500 5,000 307 1,782 307 982 677 2,402 6,205 624 760 363 370 - 12,073 - 525 - 999 4,371 10,000 10,000 - 1,000 - 376 - 2,071 55 93 - 2,940 - 6,492 825 - 16,547 27,646 |
1,565 6,819 7,000 1,782 21,609 17,305 |
|---|---|---|
| 56,080 |
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SWARDESTON CRICKET CLUB
DETAILED RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 OCTOBER 2020
| PAYMENTS Affiliation fees Fixture card Ground maintenance Cricket balls and equipment Net booking software Lunches and teas Miscellaneous items Transport and accommodation Accountancy Ties First team kit Junior cricket equipment Lord’s film Picture collages Youth coaching Stock write off My action replay Bank charges Total payments Net (payments) / receipts Cash and bank balances at 1 November 2019 Cash and bank balances at 31 October 2020 |
Unrestricted Funds 2020 2019 £ £ 63 448 - 213 9,985 11,009 512 234 95 - - 3,545 206 882 - 2,327 930 900 672 - 2,484 - - 971 335 - 400 - 20,830 21,544 - 610 - 1,422 155 257 36,667 (9,021) 63,495 54,474 |
44,362 |
|---|---|---|
| 11,718 | ||
| 51,777 | ||
| 63,495 |
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