East Molesey Cricket Club
Annual Report
31 October 2021

**East Molesey Cricket Club Treasurer’s Report Year Ended 31 October 2021** 


## **Overview** 

It is clear from this Annual Report that it has been a busy year for the Club both on and off the field. This is the first financial year in my ten years as Treasurer where the Club has benefited from the financial rewards that we always knew were available from both the bar and the café in the same season. A lot of hard work over a number of years from Sam Burge and his predecessor Brendan Lynch has made this possible. As shown in this report, both revenue streams have combined to provide much needed funds that have been invested in the Club. After this and the previous three or four years’ investment in our facilities, we can confidently say that there is no better place to play cricket in Surrey. The Committee and all our members can all be very proud of where we are. 

## **Outdoor Nets Loan Repayments** 

The Club’s £72,456 five-lane outdoor net facility (within £72,935 in Note 10) was mainly funded by a £50,000 interest-free loan from the ECB (Balance Sheet) in 2017 which is repayable over five years. As part of its coronavirus support measures, the ECB volunteered to suspend the quarterly payments from 24 May 2020 until the one due on 25 November 2021. As a result, the loan balance has not reduced in the year leaving £27,500 outstanding at year end. The Club will have no issue continuing those repayments when they resume on 25 November 2021. 

## **Bar** 

Since becoming a registered charity, the Club has set up a trading subsidiary, East Molesey Cricket Club Bar Ltd (Company No 11398581), in order to earn all the bar profits and donate them back to the Club free of corporation tax. The bar profits are thus shown on a Donations line in the Income & Expenditure Account but nothing has changed practically speaking beyond that. 

The bar profit has increased to £57,702 in 2020/21 from £54,188 in 2019/20 (Note 2). Thank you very much to Tracy Tilly for overseeing the investment required in the bar and promoting and maximising its use in a very challenging year. Tracy has also worked hard to bring our costs down and the results are clear. 

Our move to a cashless bar was in place in January 2020 before coronavirus arrived. It was brought in to improve security, the speed of service in busy times and the ease of our administration. It will remain in place after the pandemic has passed as it is clear that this has helped increase profits since being introduced. 

## **Café Income** 

Income received from the licencees of the café space has increased to £49,815 in 2020/21 versus £18,429 in 2019/20 and £30,522 in 2018/19 (Note 4). The 2019/20 financial year was a particularly bad year due to the extended gap in trade between our two café licencees in the year where the Club did not receive a licence 

1 




fee. The 2018/19 financial year reflected a full year’s trading with the previous licencees so provides a like-forlike comparison to this financial year. 

## **Legal Fees** 

While thankfully at £nil in 2020/21, legal fees have been a significant cost for the Club in the recent past at £8,350 in 2019/20 (Income & Expenditure). They were incurred negotiating the exit of our outgoing café licencees and their replacement with Dale and Jo at Miss Polly Café. The Committee was always confident that we would recoup these costs in an increased licence fee that better reflects the market value of the space. As discussed above, it is welcome to see that bear out. 

## **Subscriptions** 

The Club’s largest source of income has always been and will continue to be from members’ subscriptions and match fees. They have increased in the year to £89,917 compared to £82,232 in 2019/20 (Note 1). Thank you very much as ever to Dawn Parry, Matthew Tigg and all the captains for collecting them in the year. 

## **Donations** 

Thank you very much to all our members who donated money to the Club in the year (Income & Expenditure). The Club is always hugely grateful for these, big or small. We on the committee all hope you believe they are being put to good use. The Club’s charitable status has allowed us to claim Gift Aid on these donations which grosses up their value by 20%. 

## **Sponsorship** 

Sponsorship income has nearly doubled in the year from £7,686 in 2019/20 to £13,704 in 2020/21. Thank you very much to Michael O’Leary for taking on this role managing and improving upon this difficult income stream for the Club. Thank you too to all our sponsors for their generous support in this challenging environment. 

## **Coronavirus Support** 

The Club has taken advantage of all the government support made available to us by the various authorities. 

Firstly, this is visible in the Grant Income figure that is up to £25,738 in 2020/21 from £20,215 in 2019/20 (Income & Expenditure). This is made up of the Elmbridge Borough Council Covid-19 Retail, Hospitality & Leisure Grants and Local Restriction Support Grants (£18,241) and the government’s Coronavirus Job Retention Scheme grants (£7,497). These grants do not need to be repaid. 

Finally, the Club received a new £5,000 interest-free loan repayable over 5 years from the ECB in the year (Other Loans on Balance Sheet). The repayments of this loan start just after this financial year end on 24 November 2021. 

2 




## **Capital Investment** 

As a result of all of the above, over the course of the year the Club has been able to invest in one-off projects that promise to benefit all our members for years to come. These include but are not limited to the following: 

- Umpires’ Changing Room and Storage in the Scorebox - £8,554 (Note 10 Other Additions) 

- Removal of the portacabin from the car park - £nil (Note 10 Disposals) 

- Welcome Sign at the Front Gate - £1,958 (Note 10 F&F Additions) 

- Astroturf near the Playground - £10,564 (Note 10 Other Additions) 

- Marquee on the Astroturf - £8,000 (Note 10 Other Additions) 

- Projector - £9,084 (EMCC Bar Ltd Balance Sheet) 

- Car Park Expansion and Boundary Hedge and Fencing - £8,282 (Note 5 Other and R&M) 

- Bar Storage and Outdoor Fridge - £2,751 (EMCC Bar Ltd Balance Sheet) 

- Benches - £1,650 (EMCC Bar Ltd Balance Sheet) 

- Flicx Wicket for Junior Matches - £2,952 (Note 7 Juniors Equipment) 

- FrogBox for live streaming of games - £1,500 (Note 7 Seniors Equipment) 

- Coloured Kit across the Club - £15,567 (Note 7 Juniors & Seniors Equipment) 

- Granted Planning Permission for Groundsman’s Shed - £4,272 (Note 10 Other Additions) 

- In-Progress Planning Permission for Pavilion Redevelopment - £12,150 (Note 10 Other Additions) 

This is clearly a significant amount of money for this Club but it has gone much further than it otherwise would have as a result of the tireless work of Jeremy Downer, Trevor Pearce, Malcolm Lawford and Rod Porter who have all volunteered significant amounts of their time to keep the labour portion of these projects to an absolute minimum. Thank you very much to them all. 

## **Independent Examination** 

As a Registered Charity (Charity Commission Number 1177586) with gross income greater than £25,000, charity law requires us to arrange an Independent Examination of our accounts. We did so last year for the Club’s year ended 31 October 2020 and the Committee will again this year once they have been signed off at the AGM. Our Independent Examiners are below: 

Robert A Price LP Chartered Certified Accountant 39 Etchingham Park Road Finchley London N3 2DU 

3 



IP4DEPENDF.I%T F.XAMIIER'S REPORT TO TIIE TRUSTEES OF
EAST MOLF.SF.Y CRICKET CLLB
Independent exAmin¢r's report to the trystee5 of E*$t Mo1¢5ey Cricket Club ('tht Charity'l
I reTK>rt lo ihe trn.%te¢s on ]n)' examinaiion of the accounts ofthe alx)ve Charity for the year ended
31* Ortober 2021.
Responsibilities and basis of report
As the chariiy'8 Iru5tEC& YOU are res]x)n5ible for the prepara￿)n of the acc4M]nts in accordat)ce with the
requiTements olthe Charities Aa 2011 llhe Act.).
I retx)rt in re5pecl of my examinalion of the CTharity's accounts as tsrried out yndcr s¢¢tion 145 of the Act and in
carrying out my examinaiion I have followed all the aNJlicable Dirtttions given by the Charity Commiss10rt
under section 14i{)I Ib} of the Ad_
Independent examincr'5 Statemtht
Since your charity's gros4 income exceed￿ £250:¢￿ yourexaminer a memt*r of a listed IN)dy. I can
ttfirtn that l am qu￿1r1ed ¢0 undertake the exa[nin￿lOn because I a registered member of The Association
of Certified Chartered Ac(x)unlants which is one ofthe Ii5Eed FKyJies.
I have eornpletd my examinaiion. I confimi that no malerial maEtus have come ￿ my atseniion iTh conneaion
with the examination giving mt IXU5¢ ￿ ￿lIeve=
accouttllllg re¢otds wcre not kepi in rtspect of the Charity as required by section 130 of the
Act- or
the accouttts noi accord with th¢)se rrtordk or
the attounts (b) not comply ￿[th the aceounling tequirEtnents ¢onccmin8 the and
content of at¢ounts sci Out In the Charitie5 Regul￿10ftS 2008 other than any requiTetn¢ni that
the accounts give a trve and lair view which is rtO( a maucr considtrtd a5 partofan
independent examinaiion- or
the aecouThts have not been pwared in accordance with the tn¢thods and prineiples ofthe
Statement of Recommended Practice for accouniing #nd ￿[&>rtIng by charilie5 lapplicable to
charities prq)aTing their accounts in accordance M'ith the Financi￿ Rwrting Stsndard
applicable in the UK and Republic of Irejand IFRS 10211.
I have tto ¢ort¢ems and have coJne across ￿ othtt mallets in connection with th¢ examination io which atienlion
should bc drawn in thi5 fcFrf)rt in ordtr to enable a prO￿r undet5tsnding of the aCC￿￿nts io be iea¢hed
Sophie Jon￿ FCCA
Rokrt A Price
39 F.tchingham Pth Road
Lvndon N3 2DU
Date.. 28, June 2022


## **East Molesey Cricket Club Income & Expenditure Account Year ended 31 October 2021** 

||**Note**||**2021 (£)**|||**2020 (£)**||
|---|---|---|---|---|---|---|---|
|**Income**||||||||
|Members' subscriptions and fees|1|89,917|||82,232|||
|Donations||||||||
|General||3,525|||16,924|||
|Restricted||-|||-|||
|EMCC Bar Ltd|2|57,702|||54,188|||
|Sponsorship||13,704|||7,686|||
|Grants||25,738|||20,214|||
|Socials|3|-9,144|||-765|||
|Rental income|4|63,030|||30,426|||
|Other||2,475|||853|||
|||||**246,947**|||**211,758**|
|**Expenditure**||||||||
|Rates||69|||180|||
|Light and heat||17,181|||9,149|||
|Water||4,565|||1,426|||
|Rubbish disposal||5,644|||1,246|||
|Sewage disposal||3,045|||-|||
|Cleaning||3,485|||3,236|||
|Repairs & maintenance||11,064|||15,274|||
|Insurance||8,062|||9,000|||
|Legal fees||-|||8,350|||
|Ground maintenance|5|55,277|||41,490|||
|Overseas player|6|15,482|||315|||
|Playing costs|7|42,575|||17,677|||
|Coaching|8|32,848|||28,099|||
|Accountancy fees||500|||500|||
|Other|9|36,925|||37,088|||
|||||**236,722**|||**173,030**|
|**Excess of income over expenditure**||||**10,225**|||**38,728**|



4 




|**East Molesey Cricket Club**||||||
|---|---|---|---|---|---|
|**Balance Sheet**||||||
|**as at 31 October 2021**||||||
||**Note**|**31 October**|**2021 (£)**|**31 October**|**2020 (£)**|
|**Non-current assets**||||||
|Fixed assets|10||130,315||105,090|
|**Current assets**||||||
|Other stock||979||979||
|Prepayments||1,669||4,817||
|Trade debtors||7,425||11,128||
|Cash at bank||10,287||32,142||
|Loan to EMCC Bar Ltd||24,003||16,701||
||||**44,363**||**65,767**|
|**Total assets**|||**174,678**||**170,857**|
|**Non-current liabilities**||||||
|ECB Outdoor Nets Loan||27,500||27,500||
|Other Loans||5,000||5,000||
|Sewage connection grant||1,824||2,736||
||||**34,244**||**35,236**|
|**Current liabilities**||||||
|Trade payables||5,386||-||
|Deferred income||4,505||4,505||
|Café deposit||10,000||10,000||
|Other creditors||-3,570||7,307||
||||**16,321**||**21,812**|
|**Total liabilities**|||**50,645**||**57,048**|
|**Net assets**|||**124,032**||**113,809**|
|**Reserves**||||||
|General||124,032||113,809||
|Restricted||-||-||
|**Total reserves**|||**124,032**||**113,809**|



5 




## **East Molesey Cricket Club Notes to the Accounts Year Ending 31 October 2021** 

## **Note 1 - Members' subscriptions and fees** 

|**Note 1 - Members' subscriptions and fees**|||
|---|---|---|
||**2021 (£)**|**2020 (£)**|
|Seniors|||
|Subscriptions|7,256|6,175|
|Match fees|5,437|1,146|
|Winter nets|-|3,390|
||**12,693**|**10,711**|
|Juniors|||
|Boys Subscriptions|59,174|44,100|
|Girls Subscriptions|16,815|13,755|
|Winter nets|-|12,841|
||**75,989**|**70,696**|
|Social|||
|Subscriptions|1,235|825|
||**89,917**|**82,232**|
||**_2021_**|**_2020_**|
|_Number of senior members_|_49_|_42_|
|_Number of juniors members (Boys)_|_408_|_381_|
|_Number of juniors members (Girls)_|_124_|_117_|
|_Number of social members_|_17_|_15_|
|_Number of life members_|_16_|_16_|
||**_614_**|**_571_**|
|**Note 2 – Donations from East Molesey Cricket Club Bar Ltd**|||
||**2021 (£)**|**2020 (£)**|
|Bar Profit|||
|Bar takings|216,566|161,464|
|Stock purchased|-77,386|-66,078|
|Commission|-|-3,112|
|Salaries|-59,429|-30,237|
|Other|-22,049|-7,849|
||**57,702**|**54,188**|



6 




## **East Molesey Cricket Club Notes to the Accounts (cont.) Year Ending 31 October 2021** 

## **Note 3 – Socials** 

||**2021 (£)**|**2020 (£)**|
|---|---|---|
|Income|15,571|4,321|
|Expenditure|-24,715|-5,086|
||**-9,144**|**-765**|
|**Note 4 - Rental income**|||
||**2021 (£)**|**2020 (£)**|
|Café|49,815|18,429|
|Container|-|3,000|
|Telephone mast|5,149|5,999|
|Other|8,066|2,998|
||**63,030**|**30,426**|
|**Note 5 - Grounds maintenance**|||
||**2021 (£)**|**2020 (£)**|
|Groundsman|25,975|17,600|
|Machinery Servicing|3,670|2,286|
|Machinery Hire|1,540|2,250|
|Container Rental|1,836|1,622|
|Ground Supplies|15,941|14,086|
|Other|6,315|3,646|
||**55,277**|**41,490**|



7 




## **East Molesey Cricket Club Notes to the Accounts (cont.) Year Ending 31 October 2021** 

## **Note 6 - Overseas player** 

||**2021 (£)**|**2020 (£)**|
|---|---|---|
|Flights|1,030|-|
|Salary|6,900|-|
|Accommodation|5,000|-|
|Other|2,552|315|
||**15,482**|**315**|
|**Note 7 - Playing costs**|||
||**2021 (£)**|**2020 (£)**|
|**Seniors**|||
|Teas|4,098|-|
|Scorers|5,975|419|
|Umpires|560|1,010|
|Competition subscriptions|2,823|1,503|
|Winter nets|-|3,200|
|Pitch hire|1,990|783|
|Equipment|4,104|-|
||**19,550**|**6,915**|
|**Juniors**|||
|Competition subscriptions|1,855|541|
|Winter nets|-|8,064|
|Pitch hire|1,438|1,288|
|Equipment|19,732|869|
||**23,025**|**10,762**|
||**42,575**|**17,677**|



8 




## **East Molesey Cricket Club Notes to the Accounts (cont.) Year Ending 31 October 2021** 

## **Note 8 – Coaching** 

||**2021 (£)**|**2020 (£)**|
|---|---|---|
|Seniors' coaching|3,645|1,088|
|Juniors’ coaching|29,303|26,201|
|Coaching courses|-100|810|
||**32,848**|**28,099**|
|**Note 9 - Other expenditure**|||
||**2021 (£)**|**2020 (£)**|
|Sky TV|-|549|
|Security|1,447|2,450|
|Depreciation|21,956|26,602|
|Bank charges|2,442|2,324|
|Software|1,249|1,188|
|Miscellaneous expenditure|9,831|3,975|
||**36,925**|**37,088**|



9 




## **East Molesey Cricket Club Notes to the Accounts (cont.) Year Ending 31 October 2021** 

## **Note 10 - Fixed assets** 

||**Ground**|**Fixtures &**|**Outdoor**|**Other**|**Total (£)**|
|---|---|---|---|---|---|
||**machinery**|**fittings**|**nets**|||
|**Cost**||||||
|1 November 2020|45,971|36,735|72,935|102,464|258,105|
|Additions|-|2,732|323|46,087|49,142|
|Disposals|-|-|-|- 4,891|- 4,891|
|**31 October 2021**|**45,971**|**39,467**|**73,259**|**143,660**|**302,356**|
|**Accumulated depreciation**||||||
|1 November 2020|45,971|32,401|21,737|52,906|153,015|
|Charge in the year|-|1,413|7,326|15,178|23,917|
|Disposals|-|-|-|- 4,891|- 4,891|
|**31 October 2021**|**45,971**|**33,814**|**29,063**|**63,193**|**172,041**|
|**Net book value**||||||
|1 November 2020|-|4,334|51,198|49,558|105,090|
|**31 October 2021**|**-**|**5,653**|**44,196**|**80,467**|**130,315**|



## **Depreciation Policy** 

- **Ground machinery** – 25% of carrying value 

- **Fixtures & fittings** – 25% of carrying value 

- **Outdoor nets** – 10 years 

- **Other** 

   - Electricity connection – 10 years 

   - Sewage connection – 10 years 

   - Sewage grant – 10 years 

   - Portakabin – 4 years 

   - Driveway – 4 years 

   - Groundsman’s hut – 10 years 

   - Sprinkler system – 10 years 

   - Playground – 10 years 

   - Electronic scoreboard – 4 years 

   - Sheet covers – 4 years 

   - Café building and structure – 10 years 

10