2023-09-30-accounts - Knebworth Park Cricket Club

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KNEBWORTH PARK CRICKET CLUB FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 Charity number 1185677

KNEBWORTH PARK CRICKET CLUB FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

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 2023

REPORT OF THE TRUSTEES

The trustees are pleased to present their report, together with the financial statements for the year ended 30 September 2023

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

KNEBWORTH PARK CRICKET CLUB FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

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 finished a creditable 3[rd] in the league following their promotion the previous year.
Continued good availability meant we were able to field 4 senior sides which included a number of juniors and women.
The junior section continued to flourish attracting over a 150 children to the various sessions.
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.
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.
The club is accredited by the ECB Clubmark system.

Financial Review

Total receipts amounted to £70,308 after payments of £58,927 the net receipts for the year amounted to £11,382

Revenue reduced by approximately £8,000 on 2022 due entirely to reduced bar revenue, which was due entirely to the poor weather throughout the season, resulting in many lost weekends.

The trustees consider the year-end financial position to be satisfactory and confirm that KPCC is able to meet all its known obligations.

KNEBWORTH PARK CRICKET CLUB FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

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 either a new pavilion or a 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 new pavilion or 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”

Trustees

The current trustees are shown on page 1.

KNEBWORTH PARK CRICKET CLUB FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

Signed on behalf of the trustees

Mr W Martin Chairman of Trustees 17/07/2022

KNEBWORTH PARK CRICKET CLUB FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

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 Brought Forward Cash at bank balances at 1stOct 2023	Unrestricted Funds Total Total 2023 2022 £ £ 9,250 9,732 1,728 1,800 13,854 12,688 7,968 11,569 8,000 4,864 -205 1,424 0 2,500 12,971 16,111 53,566 60,698 42,185 43,041 11,382 17,656 70,652 52,966 82,034 70,652

Independent Examiner's Report To The Trustees Of Knebworth Park Cricket Club Charity Number 1185677 On The Accounts For The Year Ended 30 September 2023 I report to the trustees on my examination of the accounts of the above charity {"the Trust") for the year ended 30 September 2023. RespertAve Responsibilltles and Basls of Report As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act"). I report in respect of my examination of the Trust'5 accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commlssion under sectlon 145(5)(b) of the Act. Basls of Independent Examlner s Statement My examination has been carried out In accordance wlth the general Directlons given by the Charity Commission, An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that WOLtld be required in an audit, and consequently no opinlon is given as to whether the accounts present a 'true and fair, view and the report is limited to those matters Set out in the statement below. Independent Examiner s Statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordance with section 130 of the Charitles Act; or the accounts dld not accord with the accounting records. or the accounts did not cornply with the applicable requirements concernlng the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requlrement that the accounts 9lve a 'true and fair, view which is not matter considered as part of an independent examinatS0n. I have no concerns and have come across no other matters in connection with the examination to whlch attention should be drawn In this report in order to enable a proper understanding of the accounts to be reached. Signed: Name: Suzanne Andrea F.M.A,A.T. / A.A.T.Q.B. Relevant professional qualification or body: Address: Association of Accounting Technlcians {Licence number 4363) 121 London Road Knebworth Herts SG3 6EX Date: 5 March 2024

Knebworth Park Cricket Club

Income and Expenditure Account for the year ended 30 September 2023

Income Subscriptions and match fees (Admin Costs below) Match Fees Junior Subscriptions Senior Subscriptions includes Students & Ladies 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 2023 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 2023 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	2023 £13,854 £7,973 £3,320 £2,560 £25,367 -£16,742 £0 £8,625 £0 £9,250 £0 £1,728 £8,000 -£205 £7,968 £74 £1,280 £2,959 £33 £53,566 £12,528 £20,892 -£13 £8,778 £0 £42,185 £11,382 2023 £3,298 £860 £1,751 £1,323 £3,077 £737 £842 £641 £12,528 £20,892 - - £20,892 -£172 £0 £0 £159 -£13 £1,780 £1,714 £750 £4,134 -£208 £12 £0 £596 £0 £8,778 2023 2,902 £ 1,325 £ 23,072 £ 77,211 £ £104,509 £11,815 £660 £10,000 £22,475 £82,034 £70,652 £11,382 £82,034	2022 £12,688 £7,354 £2,867 £2,467 £33,538 -£17,728 £0 £15,811 £2,500 £9,732 £0 £1,800 £4,864 £1,349 £11,579 £75 £920 -£620 £0 £60,698 £14,747 £22,324 £242 £5,729 £0 £43,041 £17,656 2022 £2,872 £860 £1,845 £1,024 £5,623 £942 £828 £752 £14,747 £22,324 - - £22,324 £83 £0 £0 £159 £242 £2,105 £1,188 £190 £1,768 -£203 £131 £0 £551 £0 £5,729 2022 6,450 £ 1,766 £ 20,816 £ 63,715 £ £92,747 £10,775 £1,320 £10,000 £22,095 £70,652 £52,996 £17,656 £70,652	2021 £13,587 £7,722 £2,965 £2,900 £23,094 -£15,086 -£15,086 £0 £8,008 £1,250 £10,248 £13,389 £1,924 £3,750 £2,696 £8,420 £78 £2,146 -£91 £0 £65,404 £12,893 £17,421 £980 £8,276 £0 £35,569 £25,835 2021 £2,919 £860 £1,488 £3,044 £2,368 £1,021 £564 £628 £12,893 £17,421 - - £17,421 £91 £254 £477 £159 £980 £1,260 £678 £2,100 £3,429 £0 £316 £0 £492 £0 £8,276 2021 4,634 £ 1,002 £ 12,914 £ 55,579 £ £74,129 £9,154 £1,980 £10,000 £21,134 £52,996 £27,161 £25,835 £52,996