REGISTERED COMPANY NUMBER: 10754974 (England and Wales) REGISTERED CHARITY NUMBER: 1180644
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
FOR
PARK AVENUE BRADFORD LIMITED
Fortus Limited Business Advisors & Accountants Equinox House Clifton Park, Shipton Road York Yorkshire YO30 5PA
PARK AVENUE BRADFORD LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS For The Year Ended 31 August 2025
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Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7 to 12
Detailed Statement of Financial Activities 13
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PARK AVENUE BRADFORD LIMITED
REPORT OF THE TRUSTEES For The Year Ended 31 August 2025
The Trustees present their report and financial statements for the year ended 31 August 2025 and confirm they comply with the Charities Act 2011, the trust deed dated 15 October 2018, the Companies Act 2006 and the Charities (FRS 102) SORP.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The Charity's objects are for the benefit of the public generally and, in particular to:
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Promote community participation in healthy recreation in particular by the provision of facilities for the playing of cricket;
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Provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social circumstances or for the public at large with the object of improving their conditions of life.
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Advance the education of children and young people through such means as the trustees think fit.
Grantmaking
The income of the Charity is applied at the discretion of the Trustees, subject to the objects of the Charity. Donations are accounted for when approved.
The trustees have paid due regard to the guidance issued by the Charity Commission in deciding what activities the charity should undertake.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
This was the second year of operation of the groundbreaking multi-lane, 'cricket-dome' facility on the site, the first of its kind in the country, which opened in November 2023. There has been continuing huge demand for the facility with over 10,000 bookings in the calendar year 2025 representing over 50,000 users. The fair pricing policy kept the facility accessible to all local communities and usage varied from individual 'mums and daughters' through local clubs to YCF organised tapeball and small sided competitions. The charity is immensely grateful to the ECB and to Bradford Council for funding and procurement support respectively that created this outstanding community facility.
The expanded range of ground equipment was used extensively, thanks again to ECB funding, and provides the ability to support other local clubs and grounds.
The ground was in constant use throughout the summer with well over 100 games played from representative cricket and showpiece fixtures through regular men's and women's league cricket to casual community and junior usage. Summer activities for children were well attended and much appreciated.
Whilst the cricket-dome changing facilities are fit for purpose and accessible for all users of the ground, the pitch level changing continues to be an issue and will be a focus for future investment.
The charity will look to continue to provide and promote the facilities for the playing of cricket at, but not exclusively, the Park Avenue Cricket Ground in Bradford as well as continuing to fulfil the Charities stated aims and objectives.
FINANCIAL REVIEW
Financial position
The amount of income during the year was £72,252 (2024 - £38,745) and the expenditure was £99,474 (2024 - £63,509). The charity's deficit was £27,222 (2024: deficit £24,764).
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PARK AVENUE BRADFORD LIMITED
REPORT OF THE TRUSTEES For The Year Ended 31 August 2025
FINANCIAL REVIEW
Reserves policy
The Charity continues to support a variety of causes and has funds at 31 August 2025 of £307,145 (2024: £334,367) to continue its activities on a reduced scale for the foreseeable future. This includes restricted funds of £nil (2024: £6,834) and a designated fixed asset fund of £296,032 (2024: £312,394). This leaves free reserves of £11,113 (2024: £15,139).
Cash balances are maintained to be able to meet outgoings and donation obligations from time to time. The Charity has the power to invest any funds that are not immediately required in any investments, securities or property.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of new trustees
Under the Trust Deed, the appointment of new Trustees can only be made by the Founder Members: Yorkshire County Cricket Club, Yorkshire Cricket Foundation and the Yorkshire Cricket Board. Thereafter, the Trustees shall have power at any time to appoint any person to be a Trustee.
Organisational structure
Park Avenue Bradford Limited is a company limited by guarantee (number 10754974) and a charity established by Constitution and registered with the Charity Commission (registered charity number 1180644).
Related parties
None of the Trustees had an interest in any of the Charity's contracts either during or at the end of the financial year.
Risk management
The key risk faced by the Charities is maintaining the Park Avenue Cricket Ground in an appropriate state to fulfil the requirements of the local community to use it as a sporting venue. This is both a financial challenge and a security challenge. To mitigate this risk the Charity looks for donations which can both be used for improving facilities but also security to help maintain facilities.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
10754974 (England and Wales)
Registered Charity number
1180644
Registered office
Headingley Cricket Ground Kirkstall Lane Headingley Leeds West Yorkshire LS6 3DP
Trustees
S R Hartley P A Malik Y Mohammed
These Trustees constitute Directors of the Charitable Company for the purposes of the Companies Act 2006.
None of the Trustees had an interest in any of the Charity's contracts either during or at the end of the financial year.
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PARK AVENUE BRADFORD LIMITED
REPORT OF THE TRUSTEES For The Year Ended 31 August 2025
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner Jacqueline Senior, FCA Fortus Limited Business Advisors & Accountants Equinox House Clifton Park, Shipton Road York Yorkshire YO30 5PA
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 26 August 2026 and signed on its behalf by:
Y Mohammed - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PARK AVENUE BRADFORD LIMITED
Independent examiner's report to the trustees of Park Avenue Bradford Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2025.
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
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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.
Jacqueline Senior, FCA
Fortus Limited Business Advisors & Accountants Equinox House Clifton Park, Shipton Road York Yorkshire YO30 5PA
26 August 2026
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PARK AVENUE BRADFORD LIMITED
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) For The Year Ended 31 August 2025
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 1,100 Charitable activities 3 Hire of facilities 71,152 Total 72,252 EXPENDITURE ON Charitable activities 4 Repairs & Maintenance 14,010 Office and administration 77,964 Other 7,500 Total 99,474 NET INCOME/(EXPENDITURE) (27,222) Transfers between funds 14 6,834 Net movement in funds (20,388) RECONCILIATION OF FUNDS Total funds brought forward 327,533 TOTAL FUNDS CARRIED FORWARD 307,145 |
Restricted fund £ - - - - - - - - (6,834) (6,834) 6,834 - |
2025 Total funds £ 1,100 71,152 72,252 14,010 77,964 7,500 99,474 (27,222) - (27,222) 334,367 307,145 |
2024 Total funds £ 1,000 37,745 38,745 336 60,980 2,193 63,509 (24,764) - (24,764) 359,131 334,367 |
|---|---|---|---|
The notes form part of these financial statements
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PARK AVENUE BRADFORD LIMITED
BALANCE SHEET 31 August 2025
| Unrestricted funds Notes £ FIXED ASSETS Tangible assets 10 296,032 CURRENT ASSETS Debtors 11 7,280 Cash at bank 35,668 42,948 CREDITORS Amounts falling due within one year 12 (31,835) NET CURRENT ASSETS 11,113 TOTAL ASSETS LESS CURRENT LIABILITIES 307,145 NET ASSETS 307,145 FUNDS 14 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted fund £ - - - - - - - - |
2025 Total funds £ 296,032 7,280 35,668 42,948 (31,835) 11,113 307,145 307,145 307,145 - 307,145 |
2024 Total funds £ 312,394 23,353 24,153 47,506 (25,533) 21,973 334,367 334,367 327,533 6,834 334,367 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(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 26 August 2026 and were signed on its behalf by:
Y Mohammed - Trustee
The notes form part of these financial statements
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PARK AVENUE BRADFORD LIMITED
NOTES TO THE FINANCIAL STATEMENTS For The Year Ended 31 August 2025
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.
Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
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.
Donated services are accounted for at a reasonable estimate of their value to the charity and are included in the statement of financial activities as income when receivable.
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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 15% Reducing balance Plant and machinery - 15% - 33% straight line
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.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
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PARK AVENUE BRADFORD LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 August 2025
2. DONATIONS AND LEGACIES
Donated services and facilities
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|---|---|
|2025|2024|
|£|£|
|1,100|1,000|
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Donated services and facilities includes donated services from 2 individuals of £1,000 (2024: £1,100 from 2 individuals) for accountancy services.
3. INCOME FROM CHARITABLE ACTIVITIES
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|---|---|---|---|
|2025|2024|
|Activity|£|£|
|Pitch Hire|Hire of facilities|2,000|3,500|
|Net Hire|Hire of facilities|69,152|34,245|
|71,152|37,745|
|CHARITABLE ACTIVITIES COSTS|
|Support|
|Direct|costs (see|
|Costs|note 5)|Totals|
|£|£|£|
|Repairs & Maintenance|14,010|-|14,010|
|Office and administration|73,854|4,110|77,964|
|87,864|4,110|91,974|
|SUPPORT COSTS|
|Governance|
|Finance|costs|Totals|
|£|£|£|
|Office and administration|215|3,895|4,110|
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4. CHARITABLE ACTIVITIES COSTS
5. SUPPORT COSTS
Support costs, included in the above, are as follows:
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|---|---|---|
|2025|2024|
|Office|
|and|Total|
|administration|activities|
|£|£|
|Bank charges|215|191|
|Accountancy fees|1,100|1,000|
|Independent examiners fees|2,760|2,640|
|Other governance costs|35|35|
|4,110|3,866|
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continued...
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PARK AVENUE BRADFORD LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 August 2025
6. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
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|---|---|---|
|2025|2024|
|£|£|
|Depreciation - owned assets|32,309|30,035|
|Deficit on disposal of fixed assets|-|2,193|
|Independent examiner's fees|1,200|1,200|
|Accountancy|1,580|1,360|
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7. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 August 2025 nor the period ended 31 August 2024.
8. STAFF COSTS
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|---|---|---|
|2025|2024|
|£|£|
|Wages and salaries|27,803|14,296|
|Social security costs|2,139|759|
|Other pension costs|987|518|
|30,929|15,573|
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The average monthly number of employees during the year was as follows:
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|---|---|---|
|2025|2024|
|Total|1|1|
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No employees received emoluments in excess of £60,000 during the current or prior year.
9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
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|---|---|---|---|
|Unrestricted|Restricted|Total|
|funds|fund|funds|
|£|£|£|
|INCOME AND ENDOWMENTS FROM|
|Donations and legacies|1,000|-|1,000|
|Charitable activities|
|Hire of facilities|37,745|-|37,745|
|Total|38,745|-|38,745|
|EXPENDITURE ON|
|Charitable activities|
|Repairs & Maintenance|336|-|336|
|Office and administration|60,980|-|60,980|
|Other|2,193|-|2,193|
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continued...
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PARK AVENUE BRADFORD LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 August 2025
| 9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted funds fund £ £ Total 63,509 - NET INCOME/(EXPENDITURE) (24,764) - Transfers between funds 3,030 (3,030) Net movement in funds (21,734) (3,030) RECONCILIATION OF FUNDS Total funds brought forward 349,267 9,864 TOTAL FUNDS CARRIED FORWARD 327,533 6,834 10. TANGIBLE FIXED ASSETS Improvements to Plant and property machinery £ £ COST At 1 September 2024 13,200 338,829 Additions 7,960 7,987 At 31 August 2025 21,160 346,816 DEPRECIATION At 1 September 2024 2,420 37,215 Charge for year 1,585 30,724 At 31 August 2025 4,005 67,939 NET BOOK VALUE At 31 August 2025 17,155 278,877 At 31 August 2024 10,780 301,614 |
Total funds £ 63,509 (24,764) - (24,764) 359,131 334,367 Totals £ 352,029 15,947 367,976 39,635 32,309 71,944 296,032 312,394 |
|---|---|
Included in Plant and Machinery are donated assets with a net book value at 31 August 2025 of £235,909 (2024: £258,925).
continued...
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PARK AVENUE BRADFORD LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 August 2025
11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade debtors Prepayments and accrued income 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors Accruals and deferred income |
2025 £ 7,280 - 7,280 2025 £ 100 31,735 31,835 |
2024 £ 22,686 667 23,353 2024 £ 762 24,771 25,533 |
|---|---|---|
13. LEASING AGREEMENTS
Tenancy at will
On 22 May 2017 City of Bradford Metropolitan District Council granted a tenancy at will to Park Avenue Bradford Limited to use the cricket ground, pavilion and nets for a peppercorn rent of £1 per annum and to take over the maintenance of the site. If Park Avenue Bradford Limited vacates the site the tenancy is terminated.
14. MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | ||||
|---|---|---|---|---|
| Unrestricted funds General Fund Fixed Asset Fund |
At 1.9.24 £ 15,139 312,394 |
Net movement in funds £ 5,087 (32,309) |
Transfers between funds £ (9,113) 15,947 |
At 31.8.25 £ 11,113 296,032 |
| Restricted funds Morrisons Grant Fund |
327,533 6,834 |
(27,222) - |
6,834 (6,834) |
307,145 - |
| TOTAL FUNDS | 334,367 | (27,222) | - | 307,145 |
| Net movement in funds, included in the above are as follows: Unrestricted funds General Fund Fixed Asset Fund |
Incoming resources £ 72,252 - |
Resources expended £ (67,165) (32,309) |
Movement in funds £ 5,087 (32,309) |
|
| 72,252 | (99,474) | (27,222) | ||
| TOTAL FUNDS | 72,252 | (99,474) | (27,222) |
continued...
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PARK AVENUE BRADFORD LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 August 2025
14. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds Restricted fund Morrisons Grant Fund TOTAL FUNDS Comparative net movement in funds included Unrestricted funds TOTAL FUNDS |
Net Transfers movement between At At 1.9.23 in funds funds 31.8.24 £ £ £ £ 349,267 (24,764) 3,030 327,533 9,864 - (3,030) 6,834 359,131 (24,764) - 334,367 in the above are as follows: Incoming Resources Movement resources expended in funds £ £ £ 38,745 (63,509) (24,764) 38,745 (63,509) (24,764) |
|---|---|
Restricted funds:
Morrisons grant fund - This fund represents a restricted grant by The Morrisons Foundation for the purchase of capital equipment. The transfer represents the movement of assets into the Fixed Asset fund.
15. RELATED PARTY DISCLOSURES
Yorkshire County Cricket Club are a founder member of Park Avenue Bradford Limited.
During the year the charity repaid a £7,500 capital contribution from Yorkshire County Cricket Club dating from 2023 (2024: no capital contributions were repaid or received).
During the year Yorkshire County Cricket Club incurred net hire costs of £2,000. There was £2,000 outstanding at the year end (2024: £16,297).
Parveen Malik and Steven Hartley are bot trustees of Yorkshire Cricket Foundation. During the year, Yorkshire Cricket Foundation incurred net hire costs of £6,080. There were no amounts outstanding at the year end.
Parveen Malik is also a trustee of Yorkshire Cricket Board. During the year, Yorkshire Cricket Board incurred net hire costs of £1,700. There were no amounts outstanding at the year end.
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PARK AVENUE BRADFORD LIMITED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES For The Year Ended 31 August 2025
| INCOME AND ENDOWMENTS Donations and legacies Donated services and facilities Charitable activities Pitch Hire Net Hire |
2025 2024 £ £ 1,100 1,000 2,000 3,500 69,152 34,245 |
|---|---|
| 71,152 37,745 |
|
| Total incoming resources EXPENDITURE Charitable activities Wages Social security Pensions Rates and water Light and heat Groundsman equipment Operations Administration Waste disposal Cricket equipment Depreciation of tangible fixed assets |
72,252 38,745 27,803 14,296 2,139 759 987 518 (2,892) 3,039 7,785 4,594 6,298 336 8,318 2,416 1,534 375 3,249 1,082 334 - 32,309 30,035 |
| Other Repayment of capital injection Loss on sale of tangible fixed assets |
87,864 57,450 7,500 - - 2,193 |
| Support costs Finance Bank charges Governance costs Accountancy fees Independent examiners fees Other governance costs |
7,500 2,193 215 191 1,100 1,000 2,760 2,640 35 35 |
| 3,895 3,675 |
|
| Total resources expended | 99,474 63,509 |
| Net expenditure | (27,222) (24,764) |
This page does not form part of the statutory financial statements
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