## **KNEBWORTH PARK CRICKET CLUB**
## **FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 30 SEPTEMBER 2021**
**Charity number 1185677**
KNEBWORTH PARK CRICKET CLUB FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021
|**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 2021
## **REPORT OF THE TRUSTEES**
The trustees are pleased to present their report, together with the financial statements for the year ended 30 September 2021
## **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|
||A Holmes|
||S Cooper|
||G Fisher|
|Bankers:|Lloyds Bank Plc|
|Independent Examiner:|Suzanne Andrea|
1
KNEBWORTH PARK CRICKET CLUB FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021
## **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**
- Although some COVID restrictions were in place at various times during the year participation in cricket was largely unaffected. The club’s junior section had a fantastic year with record numbers attended, reflecting the public desire to get active outdoors again.
- Excellent availability meant we were able to field 4 senior sides which included a number of juniors and women.
- The club celebrated it’s 150 year anniversary with an open family day in late August reflecting the important role it has played for the local community over a long period.
- The club continued to regularly host various sides from Herts County and acted as a base for their junior section midweek training sessions.
- Careful management of club funds and great volunteer commitment meant we again finished the season in good financial shape..
## **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 2021
## **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 on 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 currently has five 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 2021
## **Trustees**
The current trustees are shown on page 1. Graham Fisher was elected onto the board of Trustees at the 2021 AGM, and sadly one of our Trustees, David Haslam, passed away in August 2021.
Signed on behalf of the trustees
Mr W Martin Chairman of Trustees 12/07/2021
4
KNEBWORTH PARK CRICKET CLUB FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021
## **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 2020
Cash and bank balances at 30thSept 2021|**Unrestricted Funds**
**Total**
**Total**
**2020**
**2019**
**£**
**£**
10,248
5,603
1,924
1,243
13,587
8,025
8,420
4,810
3,750
4,725
2,774
719
1,250
12,300
23,451
12,621
**65,404**
**50,046**
**39,222**
**39,132**
**26,182**
**10,194**
27,161
16,247
53,343
27,161|
|---|---|
5
Independent Exarninef's Report To The Trustees Of
Knebworth Park Cricket Club
Charlty Number 1185677
On The Accounts For The Year Ended 30 September 2021
I report to the trustees on my examlnation of the accounts of the above charlty (°the Trust.) for
the year ended 30 September 2021.
Respectlve Responslbllltles and Basls of Report
As the charlty's trustees you are responslble for the preparatlon of the accounts In accordance
wlth the requirements of the Charlties Act 2011 ("the Act.).
I report in respect of my examlnation of the Trust's accounts carrled out under section 145 of
the 2011 Art and in carrying out my examinatlon, I have followed all the applicable Directions
glven by the Charlty Commlssion under Section 145(5)(b) of the Act.
Basls of Independent Examlner's Statement
My examinatlon has been carried out In accordance wlth the general Dlrectlons glven by the
Charity Comrnission. An examination includes a revlew of the accounting records kept by the
charfty and a comparison of the accounts presented with those records. It also includes
conslderatlon of any unusual Items or disclosures in the accounts, and seeking explanations from
the trustees concernlng any such matters. The procedures undertaken do not provlde all the
evidence that would be requlred In an audlt, and CQDsequently no opinion Is glven as to whether
the accounts present a 'true and falr. vlew and the report Is Ilmlted to those matters set out In
the statement below.
Independent Examlner S Statement
I have completed my examination. I confirm that no material matters have come to my attention
In connectlon wlth the examlnatlon whlch gives me cause to belleve that In, any materlal respect:
the accountlng records were not kept In accordance wlth section 130 of the Charltles Act.
or
the accounts dld not accord wlth the accountlng records; or
the accounts did not comply with the appllcable requirements concernlng the fomi and
content of accounts set out in the Charltles {Accounts and Reports) Regulatlons 2008
other than any requlrement that the accounts glve a 'true and falr. view whlch is not a
matter considered as part of an independent examinatlon.
I have no concerns and have come across no other matters In connectlon wlth the examlnatlon
to which attentlon should be drawn In thls report In order to enable a proper understandlng of
the accounts to be reached.
Slgned:
Name:
Suzanne Andrea F.M.A.A.T. l A.A.T.Q.B.
Relevant professlonal
quallflcation or body:
Address:
Assoclatlon of Accountlng Technlclans (Llcence number 4363)
clo 15b Station Road
Knebworth
Herts
SG3 6AP
Date:
5 Aprll 2022
**Knebworth Park Cricket Club**
## **Income and Expenditure Account for the year ended 30 September 2021**
## **Income**
|Subscriptions and match fees (Admin Costs below)
Match Fees
Junior Subscriptions
Senior Subscriptions
Bar Sales
Bar Costs
Bar expenses
Bar Profit
Grants
Donations
Covid 19
Gift Aid
Sponsorship
Social Events
Ground Hire
100 Club
ECB Initiatives
Miscellaneous Income
Bad debts recovered
**Expenditure**
Pavilion costs
Ground and running costs
Other costs
Playing
Ground Relocation
**Surplus for Year**|7,722
£
2,965
£
2,900
£
23,094
£
15,086
-£
-
£|**2021**
13,587
£
8,008
£
1,250
£
10,248
£
13,389
£
1,924
£
3,750
£
2,696
£
8,420
£
78
£
2,146
£
91
-£
-
£|3,400
£
2,051
£
2,574
£
12,239
£
8,058
-£
-
£|**2020**
8,025
£
4,182
£
12,300
£
5,603
£
1,243
£
4,725
£
629
£
4,810
£
90
£
115
£
-
£
267
£|
|---|---|---|---|---|
||||||
|||65,404
£||41,989
£|
|||12,545
£
17,421
£
980
£
8,276
£
-
£||8,984
£
15,246
£
700
£
6,144
£
-
£|
|||39,222
£||31,074
£|
||||||
|||26,182
£||10,914
£|
**1**
**Knebworth Park Cricket Club**
**Schedule to Income and Expenditure Account for the year ended 30 September 2021**
|**Pavilion costs**
Insurance
Rent
Cleaning
General repair
Sundry Expenses
Heat & light
Telephone
Refuse Collection
Alarm costs
**Ground and running costs**
Ground expenses
Scorebox repairs
Hire External Grounds
**Other costs**
Bank charges
Pay Pal Costs
Slate Costs
TV License
**Playing**
Umpire & Scorers
Affiliation fees
Coaching Courses
Equipment
Winter nets
Teas
Cricket balls
Trophies
Coaching|**2021**
2,919
£
860
£
1,488
£
3,044
£
2,021
£
1,021
£
564
£
628
£
12,545
£
17,421
£
-
-
17,421
£
91
£
254
£
477
£
159
£
980
£
1,260
£
678
£
2,100
£
3,429
£
-
£
316
£
-
£
492
£
-
£
8,276
£|**2020**
3,491
£
860
£
1,188
£
350
£
1,471
£
614
£
343
£
668
£|
|---|---|---|
|||8,984
£|
|||15,246
£
-
-|
|||15,246
£|
|||78
£
256
£
210
£
158
£|
|||700
£|
|||654
£
255
£
300
£
1,251
£
40
-£
-
£
-
£
-
£
725
£|
|||3,144
£|
|**Balance Sheet as at 30th September 2021**
**Current Assets**
Debtors
Bar stocks
Ground Improvements - Jubilee Park
Cash
**Current Liabilities**
Creditors and accruals
Subscriptions in advance
House Loan
Net Assets
**Reserves**
Brought forward
Surplus for the year|4,634
£
1,002
£
12,914
£
55,579
£|**2021**
74,129
£
20,786
£|3,876
£
1,037
£
12,914
£
32,768
£|**2020**
50,595
£
23,434
£|
|---|---|---|---|---|
||8,806
£
1,980
£
10,000
£||10,794
£
2,640
£
10,000
£||
||||||
|||53,343
£||27,161
£|
|||||£16,247
£10,914|
|||||£27,161|
**2**