## **SWARDESTON CRICKET CLUB** ## **FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 OCTOBER 2024** **Charity number: 1173532** ## **SWARDESTON CRICKET CLUB** ## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024** ## **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 2024** The Trustees are pleased to present their report, together with the financial statements for the year ended 31 October 2024. ## **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 1 ## **SWARDESTON CRICKET CLUB** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31 OCTOBER 2024** ## **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: - Membership of the club is open to all comers. We had 60 adult members (male and female combined) and 154 junior members in 2024. There is no test of skill for membership - Junior open training sessions are held each Tuesday from April to July. In addition 16 one-hour ‘All Stars’ and ‘Dynamos’ sessions are provided for younger children throughout the summer. More than 101 5 to 11-year-olds were registered for these programmes - Womens’ open training sessions are held each Monday from April to August - Senior open training sessions are held each Wednesday from April to August - The club benchmarks its match fees and membership subscriptions against other local cricket and sports clubs to ensure affordability - No charge is made for admission for spectators wishing to watch matches ## **Achievements and performance** - The club was able to carry out a full range of cricketing activities this year - The first team finished fourth the men’s East Anglian Premier League. They also won the Norfolk T20 county competition but were unable to progress further in the national competitions - The second team achieved promotion to the Norfolk Cricket Alliance premier division after many years of trying. Swardeston is now the only club in Norfolk in the two top leagues - The womens’ team, which included a number of junior players, competed in both the women’s Norfolk indoor and outdoor leagues. Two girls’ teams at Under-11 and Under-13 competed in Norfolk Cricket Board competitions - Four adult teams played each Saturday. Each of our sides regularly fielded a host of players under 18 years of age. Girls and women also frequently played in the ‘mens’ teams - The youth section fielded teams at the ages of under 9,11,13 and under 19 with two teams at under 15 years. One of the under 15 teams consisted predominantly of girls. The under 11s reached the county semi-final - 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 for free. This led to more than 156 bookings being made resulting in more than 794 hours of practice across all members of the club. - Participation levels for Tuesday evening youth coaching sessions consistently approached 80 per week - The club invested in a new artificial practice wicket, replacement roll-on netting and a new warm-up net over the course of the year - Off the field, the club carried out social activities including a Darts Night. The Annual Cricket Dinner is booked for March 2025. Barbecue socials were held on Saturday evenings after some home games 2 ## **SWARDESTON CRICKET CLUB** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31 OCTOBER 2024** ## **Financial review** Total receipts amounted to £48,579 (2023: £47,964). After payments of £48,463 (2023: £36,420), the net surplus for the period was £116 (2023: net surplus £11,544). 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 (excluding one off expenditures) usually totalling around £38k, target reserves are therefore around £76k. As at 31 October 2024 reserves amounted to £84k. ## **Plans for the future** - The club is planning to continue to provide coaching, training and playing opportunities to players of all ages and backgrounds - 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 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 - 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: - The charity’s constitution - 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. 3 ## **SWARDESTON CRICKET CLUB** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31 OCTOBER 2024** ## **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 19 November 2024 4 ## **SWARDESTON CRICKET CLUB** ## **RECEIPTS AND PAYMENTS ACCOUNT** ## **FOR THE YEAR ENDED 31 OCTOBER 2024** |**RECEIPTS**
Donations
Subscriptions
Sponsorship
Match Fees (less umpires)
Fund Raising
Other Income
**TOTAL RECEIPTS**
**TOTAL PAYMENTS**
**NET RECEIPTS/(PAYMENTS)**
Cash and bank balances at 1 November 2023
Cash and bank balances at 31 October 2024|**Unrestricted Funds**
**Total**
**Total**
**2024**
**2023**
**£**
**£**
2,905
1,170
8,666
7,591
11,090
10,700
(710)
(148)
9,428
9,627
17,200
19,024
48,579
47,964
(48,463)
(36,420)
116
11,544
84,208
72,664
84,324
84,208|**Unrestricted Funds**
**Total**
**Total**
**2024**
**2023**
**£**
**£**
2,905
1,170
8,666
7,591
11,090
10,700
(710)
(148)
9,428
9,627
17,200
19,024
48,579
47,964
(48,463)
(36,420)
116
11,544
84,208
72,664
84,324
84,208|**Funds**
**Total**
**2023**
**£**
1,170
7,591
10,700
(148)
9,627
19,024| |---|---|---|---| ||||11,544| ||||72,664| ||||84,208| 5 ## **SWARDESTON CRICKET CLUB** ## **STATEMENT OF ASSETS AND LIABILITIES** ## **FOR THE YEAR ENDED 31 OCTOBER 2024** |**Cash Funds**
Bank current accounts
**Other Monetary Assets**
Match fees debtor
Awards dinner debtor
**Liabilities**
Accountancy fees|**Unrestricted**
**2024**
**£**
84,324
**2024**
**£**
**-**
**-**
**-**

**2024**
**£**
1,254
1,254|**Funds**
**2023**
**£**
84,208
**2023**
**£**
600
1,000
1,600
**2023**
**£**
1,158
1,158| |---|---|---| |||| |||| These financial statements were approved by the Trustees on 19 November 2024 and are signed on their behalf by: Mr A Bailey Treasurer 6 ## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF SWARDESTON CRICKET CLUB** ## **FOR THE YEAR ENDED 31 OCTOBER 2024** I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 October 2024 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: 1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. 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 20 November 2024 7 ## **SWARDESTON CRICKET CLUB** ## **DETAILED RECEIPTS AND PAYMENTS ACCOUNT** ## **FOR THE YEAR ENDED 31 OCTOBER 2024** |**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**|| |---|---| ||| ||
| 8 ## **SWARDESTON CRICKET CLUB** ## **DETAILED RECEIPTS AND PAYMENTS ACCOUNT** ## **FOR THE YEAR ENDED 31 OCTOBER 2024** |**PAYMENTS**
Affiliation fees
Fixture card
Ground maintenance
Cricket balls and equipment
Lunches and teas
Miscellaneous items
Transport and accommodation
Accountancy
Kit
My action replay
Nets
Junior equipment
Insurance
Lease
Youth coaching
Bank charges
**Total payments**
Net (payments)/receipts
Cash and bank balances at 1 November 2023
Cash and bank balances at 31 October 2024|**Unrestricted Funds**
**2024**
**2023**
**£**
**£**
480
641
332
364
15,497
8,963
270
320
3,077
2,357
422
683
9,040
8,406
1,158
1,074
1,105
187
520
-
736
213
-
363
1,391
-
2,942
-
11,345
12,655
148
195
48,463
116
84,208
84,324|36,420| |---|---|---| |||11,544| |||72,664| |||84,208| 9