KNEBWORTH PARK CRICKET CLUB FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020 Charity number 1185677 KNEBWORTH PARK CRICKET CLUB FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020 |**Contents**|| |---|---| ||Page| |Report of the Trustees|1- 4| |Receipts and Payments Account|5| |Independent Examiners Report|6| |Detailed Accounts & Statement of Assets & Liabilities|7| KNEBWORTH PARK CRICKET CLUB FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020 ## **REPORT OF THE TRUSTEES** The trustees are pleased to present their report, together with the financial statements for the year ended 30 September 2020 ## **Reference and Administration Details** |Charity name:|Knebworth Park Cricket Club| |---|---| |Charity Registration number:|1185677| |Address of charity:|Old Knebworth Lane| ||Old Knebworth| ||SG3 6HQ| |Trustees:|W Martin| ||B Childs| ||D Haslam| ||A Holmes| ||S Cooper| ||M Fisher (resigned March 2020)| |Bankers:|Lloyds Bank Plc| |Independent Examiner:|Alan Nixon FCCA| 1 KNEBWORTH PARK CRICKET CLUB FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 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: - Membership of the club is open to all comers. There is no test of skill for membership - Junior open training sessions for girls and boys are held each Sunday morning and Friday evening during the summer. - Senior Training Sessions are held on Tuesday and Thursday evenings throughout the season. - Indoor nets sessions are held every weekend for Juniors and Seniors from January to April - The club benchmarks its match fees and membership subscriptions against other local cricket and sports clubs to ensure affordability. The club makes provision for those who may be unable to pay due to financial hardship. - No admission charge is made to spectators wishing to watch matches. ## **Achievements and Performance** - The covid pandemic made for a challenging season with no recreational cricket played until July. As a result there was no promotion or relegation from any leagues - On recommencement, excellent availability meant we were able to field 4 senior sides which included a number of juniors and women. - Junior numbers attending training significantly increased on last year with good performances from all sides in their hastily re-arranged friendly matches - The club regularly hosted various sides from Herts County and acted as a base for their junior section midweek training sessions. - The club was fortunate to receive grants from both the ECB and Sport England together with the generous donations of both members and ex members enabling the club to finish a torrid season on financially stable footings. ## **Financial Review** Total receipts amounted to £50,046. After payments of £39,132 the net receipts for the year amounted to £10,914. The trustees consider the year-end financial position to be satisfactory and confirm that it is able to meet all it’s know obligations. 2 KNEBWORTH PARK CRICKET CLUB FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020 ## **Reserves policy** The trustee’s policy is to hold reserves sufficient to meet the clubs running costs during the close season. In addition the trustees wish to build the reserves in order to assist funding a planned ground move. ## **Plans for the future** - The club plans to continue providing coaching, training and playing opportunities to players of all age, gender and backgrounds. - The club will continue to invest in equipment and playing facilities to improve the playing experience for all players - The club plans to continue to promote membership numbers with particular emphasis Juniors and women. - The club will continue to maintain the clubhouse to ensure it meets its minimum requirements. It is not the intention to invest further than necessary in the building given the pending ground relocation. ## **Structure, Governance and management** Knebworth Park Cricket Club was established as a foundation CIO on 08 Oct 2019 and registered with the Charity Commission. On 1[st] Oct 2019 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 six trustees. The constitution states that, at any one time, must have no fewer than 3 trustees there is no maximum number of trustees. When vacancies arise the approach will be to examine the skill sets of the existing trustees and examine whether an interested party could usefully add to the overall skill set of the existing trustees. ## **Trustees Induction and Training** All new trustees will be provided copies of: - The constitution - The latest set of accounts And are encouraged to read the Charity Commission guidance notes CC3 – “the Essential Trustee, what you need to know, what you need to do” 3 KNEBWORTH PARK CRICKET CLUB FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020 ## **Trustees** The current trustees are shown on page 1. All trustees held office throughout the period. Signed on behalf of the trustees Mr W Martin Chairman of Trustees 30/06/2020 4 KNEBWORTH PARK CRICKET CLUB FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020 ## **Receipts and Payment Account** |**Receipts**
Donations
Gift Aid
Subscriptions & match Fees
Ground Hire
Sponsorship
Fund Raising / Social Event
Grants
Other Income
**Total Receipts**
**Total Payments**
**Net Receipts**
Cash and bank balances at 1stOct 2019
Cash and bank balances at 30thSept 2020|**Unrestricted Funds**
**Total**
**Total**
**2020**
**2019**
**£**
**£**
5603
0
1,243
0
8,025
13,120
4,810
7,760
4,725
8,100
719
937
12,300
4,167
12,621
28,366
**50,046**
**62,450**
**39,132**
**51,259**
**10,194**
**11,191**
**16,247**
**27,161**| |---|---| 5 KNEBWORTH PARK CRICKET CLUB FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020 Kn*wOrth P*rkfAi¢k•tClub fv￿dIng KnobworthP4rt￿c￿•t8(K￿cIUts1 0￿..￿dIA￿A￿ 2021 OftrseA￿￿Trts. *30s8ptom￿t202O¥r￿ IdorMll.thorth. onthptharthl N￿ort PC¢A D￿&."￿ PAarth2021 KNEBWORTH PARK CRICKET CLUB FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020 tIOT4 E18.105 17.71B) IE&LOBI £4.18Z £ID251 E4.1ai fS.I £4.B10 £103 £41 £1 £7riJ ,144 f3.4PI £1.188 £1. £1243 E2.TFI Er £15)10 £15 P￿parA￿ts f210 £158 £1&5 È1.1&5 fA251 £A> T•4 £ 3.BF5JB £ I.￿.12 £ I￿￿g5 1.44&47 £17 ÈIQ7D3 loj￿) £J.433 t1$.D £10117 KNEBWORTH PARK CRICKET CLUB FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020