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|
1
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:
- Membership of the club is open to all comers. There is no test of skill for membership
- 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
- Senior Training Sessions are held on Tuesday and Thursday evenings throughout the season with league games taking place on Saturday and Sunday.
- 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 club 1[st] eleven gained promotion and several of our junior teams reached the county quarter and semi-finals.
- We entered our first senior women’s team into a regional league where they performed admirably in their inaugural season.
- Excellent availability meant we were able to field 4 senior sides which included a number of juniors and women.
- 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.
- Throughout the season we provided facilities for over 100 junior matches and training sessions.
- 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.
2
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**
- 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, 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:
- 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 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
4
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|
|---|---|
5
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|
|||£14,74||£12,893|
|||£22,324
-
-||£17,421
-
-|
|||£22,324||£17,421|
|||£83
£0
£0
£15||£91
£254
£477
£159|
|||£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|
|||£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||
||||6
||
|||£70,652||£52,996|
|||£52,996
£17,65||£27,161
£25,835|
|||£70,652||£52,996|
**1**