Hunwick Cricket Club
Trustees Report and Financial Statements for Year to 31st December 2023
Charitiy Number: 1188726
Hunwick Cricket Club
Contents Page Reference and Administrative Details 1 Trustee`s Report 2 Independent Examiner’s Report 3 Detailed Income and Expenditure account 5 Balance Sheet 6 Notes to the Financial Statements 8
Hunwick Cricket Club
Reference and Administrative details
Year to 31st December 2023
Trustees and Directors: Jason Karl Budd Appointed 24/03/2020 John Raymond Pratt Appointed 24/03/2020 Jon Graham Barron Appointed 24/03/2020 Christopher John Pratt Appointed 24/03/2020 Wayne Johnson Appointed 24/03/2020 Jenny Christine Steward Appointed 24/03/2020 Registration numbers: Charity 1188726 Registered Office and Rough Lea Playing Fields Operational Address: Rough Lea Lane Hunwick Crook County Durham DL15 0RH Independent Examiner: G. D. O’Hehir & Co Ltd Chartered Certified Accountants SM Business Centre Barnfield Road Spennymoor Durham DL16 6EL
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Hunwick Cricket Club
Trustee`s Report
Year to 31st December 2023
Hunwick CC accounts were prepared by the treasurer, and discussed by the Trustees for the financial year, from 1 st January 2023 to 31 st December 2023.
Our accounts this year have been independently examined by Chartered accountancy firm G.D.O'Hehir and Co Ltd.
Hunwick Cricket Club had one of their busiest ever years in 2023 largely down to the opportunities brought about by our facilities improvements the previous year and again in 2023. We have successfully constructed our new clubhouse in 2022 as well as redeveloping the car park area which was requested by Durham County Council for us to adopt. We have also invested in other areas this year like solar panels to our clubhouse roof, to alleviate our energy bills and ensure we are more sustainable. These can be seen within our accounts.
The club have organised and held numerous social events and fundraising events throughout the year, such as bingo evenings, BBQ events, curry evenings, softball cricket tournaments as well as our newly organised charity cricket day which have all positively contributed to our accounts. All of these we have successfully done to help pay for our ongoing revenue/overheads as well as generate funds for a new capital investment in 2024 that we have planned. We rely still on external sponsors as well as bar sales, all of which is undertaken by our generous pool of volunteers for the benefit of the club.
Our 2023 accounts are very healthy due to this forward planned fundraising which sets us in good stead for 2024.
Chris Pratt Hunwick Cricket Club - Trustee Secretary
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Hunwick Cricket Club
Independent Examiner's Report Year to 31st December 2023
Independent examiners report to the trustees of Hunwick Cricket Club
I report of the financial statements of the charity for the year 1st January 2023 to 31st December 2023, which are set out on the pages 4 to 8.
This report is made solely to the charity's trustees, as a body, in accordance with section 145 of the Charities Act 2011 and regulations made under section 154 of that act. My work has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustees, as a body, for my work or for this report.
Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this period under section 144 of the Charities Act 2011 ("the Charities Act") and that an independent examination is needed.
It is my responsibility to:
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Examine the accounts under section 145 of the Charities Act
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Follow procedures laid down in the general directions given by the Charities Commission under section 145 (5) (b) of the Charities Act
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State whether particular matters have come to my attention
Basis of independent examiners report
My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts represented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning those matters.
The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts represent a "true and fair" view and the report is limited to those matters set out in the statement below.
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Hunwick Cricket Club
Independent Examiner's Report (continued)
Year to 31st December 2023
Independent examiners report to the trustees of Hunwick Cricket Club
Independent examiner's statement
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in any material respect:
the accounting records were not kept in accordance with section 386 of the Companies Act 2006; or the accounts did not accord with the such records; or
the accounts did not comply with the applicable requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a "true and fair" view which is not a matter considered as part of an independent examination; or
the accounts have not been prepared in accordance with the Charities SORP (FRS 102)
I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts should be reached.
Signed Dated 27/02/2024
G. D. O’Hehir & Co Ltd
Chartered Certified Accountants
SM Business Centre Barnfield Road Spennymoor Durham DL16 6EL
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Hunwick Cricket Club
Detailed Income and Expenditure Account
For The Year Ended 31 December 2023
31 December 2023 31 December 2022 £ £ £ £ TURNOVER Sponsorship 2,020 2,315 Bottle Draw 355 1,000 Tuck Shop 33,792 36,369 Room hire - 50 100 club 241 114 Allstars 975 400 Predictor 4,386 3,784 Grants and subsidies received - 34,491 41,769 78,523 GROSS SURPLUS 41,769 78,523 Support Costs Utilities 613 2,138 Equipment and clothing 4,431 3,576 Tuck shop expenses 14,313 12,007 Umpire fees 1,337 2,220 Insurance 1,360 1,220 Ground maintenance 5,553 9,946 League and cup fees 395 1,360 Printing, postage and stationery and adverts 159 371 Cleaning 99 66 General repairs and maintenance 2,701 7,198 Trophies 362 547 Accountancy fees 480 480 Telephone 134 154 Licences 339 229 (32274) (41512) Other Operating Income Other income 597 474 Other coronavirus grant income - - 597 474 OPERATING SURPLUS AND SURPLUS FOR THE 10,092 37,485 FINANCIAL YEAR
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Hunwick Cricket Club
Balance Sheet
As at 31 December 2023
31 December 2023 31 December 2022 Notes £ £ £ £ FIXED ASSETS Tangible Assets 2 386,458 356731 386,458 356731 CURRENT ASSETS Cash at bank and in hand 30,265 49,899 30,265 49,899 Accruals (480) (479) NET CURRENT ASSETS (LIABILITIES) 29,785 49,420 TOTAL ASSETS LESS CURRENT 416,243 406,151 LIABILITIES NET ASSETS 416,243 406,151 Income and Expenditure Account 416,243 406,151 MEMBERS' FUNDS 416,243 406,151
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Hunwick Cricket Club
Balance Sheet (continued) As at 31st December 2023
The company was entitled to exemption from audit under s477 of the Companies House Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.
Approved by the Board of Directors and Trustees on and signed by on their behalf by: 28[th] February 2024
Mr John Raymond Pratt
Trustee
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Hunwick Cricket Club
Notes to the financial statements As at 31st December 2023
1. Accounting policies
The principal accounting policies are summarised below. The accounting policies have been consistently applied.
a) Basis of preparation of financial statements
The financial statements have been prepared under historical cost convention and in accordance with the Statement of Recommended Practice "Accounting and Reporting by Charities (SORP 2015)" applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102), effective 1 January 2015; and the Companies Act 2006 and the Charities Act 2011.
b) Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees in the furtherance of the general objectives of the charity and which have not been designed for any other purposes.
Designated funds are general funds which have been set aside by the trustees for a specific purpose.
Restricted funds are funds which are to be used in the accordance with specific restrictions imposed by donors or which have been raised for the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
c) Incoming resources
All incoming resources are included in the statement of financial activities when the charity has entitlement of the funds, certainty of receipt and the amount can be measured with sufficient reliability. For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received.
Gifts in kinds are included in the statement of financial activities at a reasonable estimate of their value at the time they are utilised by the charity, with the equivalent amount being recognised as charitable expenditure. No amounts are included in the financial statements for services donated by volunteers.
Donated services or facilities, which comprise donated services, are included in income at a valuation which is an estimate of the financial cost borne by the donor where such a cost of quantifiable and measurable. No income is recognised where there is now financial cost borne by a third party.
Income tax recoverable in relation to donations received under Gift Aid or deed of covenant is recognised at the time of donation.
d) Resources expended
Expenditure is recognised on an accrual basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs can not be directly attributed to particular activities they have been allocated on a basis consistent with the use of the resources.
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Hunwick Cricket Club
1. Accounting policies (continued)
Support costs are those costs incurred directly in the support of expenditure on the objects of the charity. They include governance costs, which are those incurred in connection with the administration of the charity and compliance with constitutional and statutory requirements.
All resources expended are inclusive of irrecoverable VAT.
b) Going concern basis
The financial statements have been prepared on a going concern basis. The trustees consider this to be appropriate as they project the level of donations and trading activities to be sufficient to exceed operating costs.
2. Tangible Assets
Land & Fixtures Total Property & Fittings Freehold £ £ £ Cost As at 1 January 2022 334,634 22,097 356,731 Additions 22,085 7,642 29,727 As at 31 December 2022 356,719 29,739 386,458 Net Book Value As at 31 December 2023 356,719 29,739 386,458 As at 1 January 2023 334,634 - 356,731
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