SWARDESTON CRICKET CLUB
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
Charity number: 1173532
SWARDESTON CRICKET CLUB
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023
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 2023
The Trustees are pleased to present their report, together with the financial statements for the year ended 31 October 2023.
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 G Walker 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 2023
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 had 60 adult members (male and female combined) and 156 junior members in 2023. There is no test of skill for membership
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Junior open training sessions are held each Tuesday from April to July. In addition eight one-hour ‘All Stars ’and ‘Dynamos ’sessions are provided for younger children throughout the summer. More than 85 5 to 11-year-olds were registered for these programmes
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Women’s 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
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No charge is made for admission for spectators wishing to watch matches
Achievements and performance
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The club was able to carry out a full range of cricketing activities this year
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The first team won the men’s EAPL which was an immense achievement. They also won the EAPL regional T20 competition but were unable to progress further in the national competitions
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The womens’ team, which included a number of junior players, also won the women’s Norfolk league
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Four adult teams played each Saturday. Each of our sides regularly fielded a host of players under eighteen years of age. Girls and women also frequently played in the ‘mens’’ teams
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The youth section fielded teams at the ages of under 9,11,13 and under 19 with 2 teams at under 15years. One of the under 15 teams consisted predominantly of girls. The under 9s reached the county final
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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 led to more than 228 bookings being made resulting in more than 804 hours of practice across all members of the club.
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Participation levels for Tuesday evening youth coaching sessions averaged 92 per week
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The club invested in new changing room flooring and a verticutter over the course of the year
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Off the field, the club carried out a full range of social activities including a Quiz Night and the Annual Dinner at which Paul Allott was the main speaker. Bar BQ socials were regularly held on Saturday evenings after home games
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SWARDESTON CRICKET CLUB
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 OCTOBER 2023
Financial review
Total receipts amounted to £47,964 (2022: £39,401). After payments of £36,420 (2022: £31,704), the net surplus for the period was £11,544 (2022: net surplus £7,697).
The Trustees consider the year end position to be satisfactory and confirm the charity can meet all known obligations.
Reserves policy
Our policy on reserves is to cover our approximate average annual running costs by a multiple of two. With running costs usually totalling around £35k, target reserves are therefore around £70k. As at 31 October 2023 reserves amounted to £84k.
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
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The charity consists of eight 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
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In the event there are Trustee vacancies, the approach is 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 2023
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
Date: 29 November 2023
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SWARDESTON CRICKET CLUB
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 OCTOBER 2023
| RECEIPTS Donations Subscriptions Sponsorship Match Fees (less umpires) Fund Raising Other Income TOTAL RECEIPTS TOTAL PAYMENTS NET RECEIPTS Cash and bank balances at 1 November 2022 Cash and bank balances at 31 October 2023 |
Unrestricted Funds Total Total 2023 2022 £ £ 1,170 1,400 7,591 7,819 10,700 8,400 (148) 615 9,627 7,932 19,024 13,235 47,964 39,401 (36,420) (31,704) 11,544 7,697 72,664 64,967 84,208 72,664 |
Unrestricted Funds Total Total 2023 2022 £ £ 1,170 1,400 7,591 7,819 10,700 8,400 (148) 615 9,627 7,932 19,024 13,235 47,964 39,401 (36,420) (31,704) 11,544 7,697 72,664 64,967 84,208 72,664 |
Funds Total 2022 £ 1,400 7,819 8,400 615 7,932 13,235 |
Funds Total 2022 £ 1,400 7,819 8,400 615 7,932 13,235 |
|---|---|---|---|---|
| 7,697 64,967 |
7,697 | |||
| 72,664 |
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SWARDESTON CRICKET CLUB
STATEMENT OF ASSETS AND LIABILITIES
FOR THE YEAR ENDED 31 OCTOBER 2023
| Cash Funds Bank current accounts Other Monetary Assets Match fees debtor Awards dinner debtor Sponsorship debtor Liabilities Accountancy fees Cricket dinner costs |
Unrestricted 2023 £ 84,208 2023 £ 600 1,000 - 1,600 2023 £ 1,158 - 1,158 |
Funds 2022 £ 72,664 2022 £ 600 1,860 1,775 4,235 2022 £ 1,074 841 1,915 |
|---|---|---|
These financial statements were approved by the Trustees on 29 November 2023 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 2023
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 October 2023 which are set out on pages 5 to 6.
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
Date: 4 December 2023
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SWARDESTON CRICKET CLUB
DETAILED RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 OCTOBER 2023
| RECEIPTS Donations Vice Presidents Other donations Subscriptions Players Youth (including coaching) Sponsorship Leathes Prior Other Match Fees (less umpires) Fund Raising 100 Club BBQ Prize money Race night Awards dinner Raffles Cricket dinner Other Income Junior coaching contribution All stars & Dynamos ECB Gross bank interest Grant Pitch hire Total Receipts |
|
|---|---|
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SWARDESTON CRICKET CLUB
DETAILED RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 OCTOBER 2023
| PAYMENTS Affiliation fees Fixture card Ground maintenance Cricket balls and equipment Lunches and teas Miscellaneous items Transport and accommodation Accountancy Adult kit Junior kit Women’s kit Lord’s film Nets Junior equipment Youth coaching Bank charges Total payments Net receipts Cash and bank balances at 1 November 2022 Cash and bank balances at 31 October 2023 |
Unrestricted Funds 2023 2022 £ £ 641 818 364 304 8,963 11,370 320 486 2,357 2,080 683 (392) 8,406 265 1,074 996 - - 187 2,203 369 - - 1,043 213 - 363 557 12,655 11,419 195 186 36,420 11,544 72,664 84,208 |
31,704 | 31,704 |
|---|---|---|---|
| 7,697 64,967 |
7,697 | ||
| 72,664 |
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