KNEBWORTH PARK CRICKET CLUB FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022 Charity number 1185677
KNEBWORTH PARK CRICKET CLUB FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022
| 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 2022
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 |
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KNEBWORTH PARK CRICKET CLUB FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022
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:
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Membership of the club is open to all comers. There is no test of skill for membership
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Junior open training sessions for all children Under 16 are held each Sunday morning and Friday evening during the summer and matches are played on midweek evenings
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Senior Training Sessions are held on Tuesday and Thursday evenings throughout the season with league games taking place on Saturday and Sunday.
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Indoor nets sessions are held every weekend for Juniors and Seniors from January to April
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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.
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No admission charge is made to spectators wishing to watch matches.
Achievements and Performance
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The club 1[st] eleven gained promotion and several of our junior teams reached the county quarter and semi-finals.
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We entered our first senior women’s team into a regional league where they performed admirably in their inaugural season.
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Excellent availability meant we were able to field 4 senior sides which included a number of juniors and women.
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The club continued to regularly host various sides from Herts County Cricket Club and acted as a base for their junior section midweek training sessions.
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Throughout the season we provided facilities for over 100 junior matches and training sessions.
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Careful management of club funds and great volunteer commitment which greatly reduced grounds and maintenance costs meant we again finished the season in good financial shape.
Financial Review
Total receipts amounted to £60,698, after payments of £43,041 the net receipts for the year amounted to £17,565
Bar revenue increased in the year due to the long hot summer and the performance of the 1[st] Eleven which resulted in higher bar takings.
There were significant increases in grounds maintenance consumables costs which accounted for the higher than expected costs over last year.
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KNEBWORTH PARK CRICKET CLUB FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022
The trustees consider the year-end financial position to be satisfactory and confirm that it is able to meet all it’s know obligations.
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
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The club plans to continue providing coaching, training and playing opportunities to players of all age, gender and backgrounds.
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The club will continue to invest in equipment and playing facilities to improve the playing experience for all players
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The club plans to continue to promote membership numbers with particular emphasis on juniors and women.
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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, we 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:
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The constitution
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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”
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KNEBWORTH PARK CRICKET CLUB FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022
Trustees
The current trustees are shown on page 1.
Signed on behalf of the trustees
Mr W Martin Chairman of Trustees 17/07/2022
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KNEBWORTH PARK CRICKET CLUB FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022
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 at bank balances at 1stOct 2021 Cash at bank balances at 1stOct 2022 |
Unrestricted Funds Total Total 2022 2021 £ £ 9,732 10,248 1,800 1,924 12,688 13,587 11,569 8,420 4,864 3,750 1,424 2,774 2,500 1,250 16,111 23,451 60,698 65,404 43,041 39,569 17,656 25,853 52,966 27,161 70,652 52,996 |
|---|---|
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Independent Examlnerfs Report To The Trustees Of Knebworth Park Cricket Club Charity Number 1185677 On The Accounts For The Year Ended 30 September 2022 I report to the trustee5 on my examinatlon of the accounts of the above charlty ('the Trust") for the year ended 30 September 2022. Respertive Responslbilities and Basls of Report As the charlty's trustees you are responsible for the preparatlon of the accounts in accordance with the requlrements of the Charities Act 2011 fthe ACV). I report In respect of my examlnatlon of the Trust's accounts carrled out under section 145 of the 2011 Act and in carrying out my examlnatlon, I have followed all the appllcable Directions glven by the Charlty Commlsslon under sertion 145(5)(b) of the Att. Basls of Independent Ex•mlner's Statement My examinatlon has been carrled out In accordance wlth the general Dlrectlons glven by the Charity Commlssion. An examlnatlon includes a VIeW of the accounting records kept by the charity and a comparlson of the accounts presented wlth those records. It also Includes conslderatlon of any unusual Item5 or dlsclosures in the accounts, and seeking explanatlons from the trustees concerning any such matters. The procedures undertaken do not provide all the evldence that would be requlred In an audlt, and consequently no oplnion Is given as to whether the accounts present a 'true and fair, vlew and the report Is Ilmlted to th¢)se matters set out In the statement below. Independent Examlner's Statement I have completed my examlnatlon. I conThrm that no inaterlal matters have come to my attentlon In connectlon wlth the examinatlon which gives me cause to believe that In, any materlal respect: the accountlng records were not kept In accordance with sectlon 130 of the Charltles Act. or the accounts dld not accord wlth the accounting records; or the accounts dld not comply wlth the applicable requirements concernlng the form and content of accounts set out In the Charlties (Accounts and Reports) Regulatlons 2008 other than any requirement that the accounts glve a 'true and fair, view whlch Is not matter consldered a5 part of an Independent examination. I have no concerns and have come across no other matters In connectlon wlth the examlnatlon to whlch attentlon should be drawn In thls report In order to enable a proper understanding of the accounts to be reached. Slgned: Jè40/- Name: Suzanne Andrea F.M.A.A.T. / A.A.T.Q.B. Relevant professional quallflcatlon or body: Address.. Associatlon of Accounting Technlclans (Licence number 4363) 121 London Road Knebworth Herts SG3 6EX Date: l March 2023
Knebworth Park Cricket Club
Income and Expenditure Account for the year ended 30 September 2022
| Income and Expenditure Account for the year ended 30 September 2022 | ||||
|---|---|---|---|---|
| Income Subscriptions and match fees (Admin Costs below) Match Fees Junior Subscriptions Senior Subscriptions Bar Sales Bar purchases 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 Schedule to Income and Expenditure Account for the year ended 30 September 2022 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 (All Sides) Winter nets Teas Cricket balls Trophies Coaching Balance Sheet as at 30th September 2022 Current Assets Debtors Bar stocks Ground Improvements - Jubilee Park Cash Current Liabilities Creditors, accruals and prepayments Subscriptions in advance House Loan Net Assets Reserves Brought forward Surplus for the year |
£7,354 £2,86 £2,46 £33,538 -£17,72 £0 |
2022 £12,688 7 7 8 £15,81 £2,500 £9,732 £0 £1,800 £4,864 £1,349 £11,57 £7 £920 -£620 £0 |
£7,722 £2,965 £2,900 £23,094 -£15,086 £0 |
2021 £13,587 -£15,086 £8,008 £1,250 £10,248 £13,389 £1,924 £3,750 £2,696 £8,420 £78 £2,146 -£91 £0 |
| 6,450 £ 1,766 £ 20,816 £ 63,715 £ |
1 9 5 7 1 6 7 9 8 8 1 1 4,634 £ 1,002 £ 12,914 £ 55,579 £ |
|||
| £60,698 | £65,404 | |||
| £14,74 £22,324 £242 £5,729 £0 |
£12,893 £17,421 £980 £8,276 £0 |
|||
| £43,04 | £35,569 | |||
| £17,65 | £25,835 | |||
| 2022 £2,872 £860 £1,845 £1,024 £5,623 £942 £828 £752 |
2021 £2,919 £860 £1,488 £3,044 £2,368 £1,021 £564 £628 |
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| £14,74 | £12,893 | |||
| £22,324 - - |
£17,421 - - |
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| £22,324 | £17,421 | |||
| £83 £0 £0 £15 |
£91 £254 £477 £159 |
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| £242 | £980 | |||
| £2,105 £1,18 £190 £1,76 -£203 £13 £0 £55 £0 |
£1,260 £678 £2,100 £3,429 £0 £316 £0 £492 £0 |
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| £5,729 | £8,276 | |||
| 2022 £92,74 5 £22,095 |
2021 £74,129 £21,134 |
|||
| £10,77 £1,320 £10,000 |
7 £9,154 £1,980 £10,000 |
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| 6 |
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| £70,652 | £52,996 | |||
| £52,996 £17,65 |
£27,161 £25,835 |
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| £70,652 | £52,996 |
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