Frinton-on-sea Cricket Club CIO A Charitable Incorporated Organisation Charity Number 1189093 Unaudited Financial Statements Year Ended 30 April 2024
Frinton-on-sea Cricket Club CIO Trustees Report Year Ended 30 April 2024 The trustees are pleased lo present their report together with the financial statements for the period ending 30 April 2024. 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. We continue to raise funds and use those funds to further the objectives of the charity. Public benefit The Trustees have given careful consideration to the guidance issued by the Charity Commission on public Membership of the club is open to all, there is no test of skill. The Trustees believe that the subscriptions set for each season are affordable for the majority of the local community. Facilities are provided lo play and practise crickel across the entire range of cricketing ability. The club runs three Saturday teams, a Sunday Xl, a Ladies Xl, three colts and three social teams Achievement and performance Financial review The 1 st Xl finished 1 Oth in the East Anglian Premier League and the 2nd Xl won division 3 of the Two Counties League {TCL), gaining promotion to division 2. The 3rd Xl finished 5th in division 9 of the TCL and following a restructure of the divisions will play in division 8 B in 2024. The Sunday Xl continues to give rnore youth players experience of playing senior cricket and they finished 7th in their league. The Ladies Xl finished 3rd in the TCL T20 East league. Youth training was well attended again, with 60 to 80 children at most sessions. Social cricket maintained its popularity with over 25 matches played throughout the season. Work on the second pitch was started wilh the inslallalion of a new square and seeding of Ihe outfield. Two portable cabins were also purchased and will be adapted to provide changing rooms. We expect to start playing matches in August 2024. This will allow the 3rd team to play their home fixtures at the Glub and help to expand youth cricket. Two new sight screens were purchased along with a new electric mower. The CIO Gontinues to maintain a positive cashflow and the profits are invested in the club's fabric. Page I
Frinton-on-sea Cricket Club CIO Trustees Report Year Ended 30 April 2024 Structure governance and management Frinton on Sea was established as a foundation CIO on 16 April 2020 and registered with the Charity Commission (registration number 11899031. On 1 March 2020 the assets and activities of the unincorporated club of the same name were transferred to the CIO. The Trustees who served during the year up io the date of the signature of the financial statements were: Paul S Kendall Christopher JR Caden Anthony J Blake Russell N Everson Keith Hockridge Christopher J Armstrong Jeremy Wedge lan Hurst Chair (Resigned) (Resigned) (Appointed 0610612023) (Appointed 0410712023) The charily has six Trustees. The charity s constitulion stales Ihat the charity. at any one time, must have no fewer than three and no more than eight Trustees. Additional Trustees must be appointed by a resolution passed at a properly convened meeting of the charity Trustees. In selecting indimduals for appointment as charity Trustees. the charily Trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. All new Trustees will be provided with Gopies of.. .The CIO'S constitution .The CIO'S latesl Trustees, Annual Report and statement of accounls Approved by the trustees Paul S Kendall Chair Date= 1911112024 Page 2
Frinton-on-sea Cricket Club CIO Trustees Responsibilities Year Ended 30 April 2024 The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity- They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and deteclion of fraud and olher irregularities. Page 3
Frinton-on-sea Cricket Club CIO Independent Examiners Report Year Ended 30 April 2024 Independent Examiner's Report to the Trustees of Frinton-on-sea Cricket Club I report to the trustees on my examination of the accounts of Frinton-on-sea Cricket Club CIO I'the charity,) for the period ended 30 April 2024 which comprise the summary of receipts and payments and the ststement of assets and liabilities. This report is made solely lo the charity's trustees, as a body, in accordan with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity's trustees those matters l am required lo slate to them in this report and for no olher 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, for this report, or for the opinions I have formed. Responsibilities and basis of report As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Acl 2011 I'the Act'l. I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)Ib) of the Act. An independent examination does nol involve gathering all the evidence that would be required in an audit and consequently does not cover all Ihe matters that an audilor considers in giving their opinion on the accounts. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently l express no audit opinion on the accounts and my report is limited to those specific matters set oul in the independent examiner's statement. Page 4
Frinton-on-sea Cricket Club CIO Independent Examiners Report Year Ended 30 April 2024 Independent examiner's statement I have completed my examination. I confirm thal no material malters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the Act., or the accounts do not accord with those records. I have no COnrnS and 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 to be reached. Simon Pinion FCA FCCA Independent examiner Scrutlon Bland LLP 820 The Crescent, Colchester Business Park, Colchester, C04 9YQ Date: Page 5
FrintonwOnea Cricket Club CIO Financial Activities Ytrar Ended 30 Aprll 2024 Undesignated Fund5 2nd Pitch Furniture Fund Total 30Apr.23 Receipts Aggers Dinner Bar Lease and Services Ben Waters Music Night COLTS Membership Subscription Income Cri¢ketWeek- Drink Sales Cricket Week- Fwd Sales Crickai W&8k- Other inu)m8 Fixture Ad Card & Boundary Bo3rds Income Sight Screens Donations- 2nds Don8lions- Furniture Donatsons- Kit Donations- 2nd Pitth Donations- TR4VIS Don8tsons- Bar Donatsons- General Eni8rt8inm8ni i Food Function Incomè FCC Book Income Gents Dinner G80rg8 Michael Event Gfft Aid Kil Cricket Ops Income Jacko Night Mtmbership Substtriplion8 Income Musi¢ Night 2022 Sponsorship Sponsorship- KIT Tony Stubbs Fund Total Receipts 6.525 12,000 34,745 4,717 2.025 7.168 29.981 20,146 10.125 2.620 .745 4,717 2,025 7,168 29,981 20.146 10.125 2,620 2.968 523 41.424 1,351 7.114 1.000 1.000 3.500 4,600 5.000 17.179 55.884 1,756 393 163 1.600 1,600 30,(M)O 30,000 14.613 1,690 14.613 1,690 9.756 933 9.675 893 963 17.649 9,756 933 9,675 893 963 17,649 9.219 300 15.873 3.615 16,083 3,750 19,382 650 295 189,625 19.382 650 295 219,625 30,000 211,220 Paym8nts 170 Club Expense Accounting Fees Adv8rt1singlPromolion81 AGGERS Dinner Expenses Bank Charges Building Expansés Cetering expenses Cleaning Coaching CoOVID-19 Health & Safely Exp&ns&s Cricket Ops Cricket Week- Food Expenses Crick81 W&8k- Other Exp&ns8È Cricket Week- Music Expenses Fixture Ad Card Costs Food & Drink Expen$&s Gas & ElerIy- Ulililies Gents Dinner Expenses George Michael Events Expenses Ground M8inl&nanca Insurances Jad(o Night Expenses 4.200 3,739 1.490 4,200 3,739 1,490 4.123 3,454 1.519 3.772 439 1,977 3.421 140 30,980 20 20.277 30,474 12.706 2.650 623 1.485 4.034 658 25.824 623 1,485 4,034 658 25,624 13.875 32.076 16.391 2.528 13.875 32,076 16,391 2,528 261 739 4.347 800 36.481 4.160 850 856 261 739 4,347 877 11.317 36.481 4,160 850 856 35,655 2.733 5.026 1.040 749 5,502 Legal Fees LinS Nets 2 Expenses Pension T8xes Wages- Ground Wag8È- Play8r8 To181 Payroll Expenses orricelGeneral Administrative Expenses Player5 Costs Printing. Postage and Sialionary Raising funds 1.200 1,200 3.900 3,900 393 244 145 661 3,900 3,900 393 244 145 661 6.901 6,901 409 188 12 PaEe 6
FrintonwOnea Cricket Club CIO Financial Activities Ytrar Ended 30 Aprll 2024 Undesignated Fund5 2nd Pitch Furniture Fund Total 30Apr.23 4,456 Rtrpair and mainiÉnancé Salelile TV Scoreboard Expenses Score & Pitch Camera ShowerlHe81in9 Refurb Expenses Social Media Sundry Expenses Tr8v818nd Accommodation Umpire Water & Waste- Utilities (ProfitoSS on Sale of Fixed Assets Depre¢l¥ln- 2nd pitch Depreciatn- Fixtures and fillings Depreciatn- Ground infraslruclure and falitIeS Total Payments 14Bt Operatlng In¢om8 other Income 170 Club Income Essex County Cricket Club Grant Govemmenl Grant History Book Other MislIan80uS incotll8 Sundty Incoma Total Oth&r Income Net Other Income 14Bt Surplus I Ideflcltl Fund$ expended Fund5 for year Fund5 bmwd Funds tran8fvrred Fund$ 3,128 140 1.887 3,126 140 1,887 1,185 12.045 600 338 13,762 1.430 2.610 350 6,280 680 4.387 14,8331 2.050 3.fj7fj 8.208 187,909 1,715 350 6,280 4,387 14,8331 2,050 3,676 8,208 187,909 31,715 168 1.565 5.970 230,315 119,0951 30,000 9.261 8.797 9,261 8,797 9.580 10,000 1.554 25 615 18,69B 18,698 20,413 15.000 35,413 104.505 1.200 141,119 25 615 18,698 18,698 50,413 173 21,322 21,322 2,227 30,000 115,0001 15,000 50,413 105,705 2,227 103,478 1,200 11,2001 15,000 156,119 105,705 PaEe 7
Frintonnea Cricket Club CIO Balance Sheet of 30 April 2024 Club Improvfrmont Fund UndIgnat?d Funds 2nd Pft£h Total 30.Apr.23 Fixed Asset Land and Buildings Ground infraslruclure and facilities Fixtures and Fittings Totsl Flxed A88Ot Cash at bank and In hand Bank D8p0811 account Old Lloyds Bank account Pelly Cash Total Cash at bank and in hand Current AsS8ts Bar Loan Alc Cash Advan on Wages Total Current A%sets Net current assets 10,000 15,000 243,201 66,603 11,421 321,225 268.201 245.211 66.603 70.341 11.421 5.489 346,225 321,041 10,000 15,000 3.794 32,249 970 3.794 32,249 970 6,291 1,039 37,013 37,013 7.330 12,576 12.576 6,007 615 6,622 13,952 12,576 49.SB9 12,578 49,589 Creditors.. amounts falling due within one year Current Liabilities HMRC 57 57 Pension Ttstal Payroll Llabllltltrs Tony Blak8 loan VAT Control Total Current Llabllltles Total Creditors.. amounts falling du8 within one year Net current assets Iliabilitiesl Total assets less current liabilltl8S 57 7.000 1.687 8,744 57 7,000 1.687 8,744 11.6621 8,744 40,845 362,069 8,744 11,6621 40,845 15,614 387,069 336,655 10,000 15,ODO Total net assets Iliabilitiesl Charltyfunds R818ined Eamings N818 fund Club Improv&m&nts Fund Fumilure Fund Merged Undesignated Funds Undesignated Fun(Is 10,000 15,000 362,069 387,069 336,655 15,(M)O 15,000 10,000 10,000 10,0 1,200 220.950 220.950 141.119 104.505 220.950 141.119 Total Charity funds 10,000 15,000 362,069 387,069 336,655 Page 8
Frinton-on-sea Cricket Club CIO Notes to the accounts Y•ar End•d 30 April 2024 l Accountlng conventlon The financial statements have been prepared in accordance with the charity'5 governing document and the Charities SORP 'Accountin8 and Reporting by Charities" 2 Tangible flxed assets Tangible fixed assets 3re initially measured at cost and subsequently me35ured at cost or valuation. net of depreciation and any irnpairment1055e5. Depreciation is recogni5ed so as to write off the cost or v31uation of assets le5S their residual v3lue5 overtheir useful lives on the following bases.. L3nd and Buildings 2nd Pitch Not depreciated Over the term of the lease 25% Reducing balance 7-10 years straight line 3 Charitable fund5 Unrestricted funds are available for use at the digcretion of the Trustees In furtherance of their charltable oblettives. Restricted funds are subjett to spetific condititrns by donors as to how they may be used. 4 Governrnent¥rant5 The company received grants under the local authority Covid grants scheme. Income under these schemes Is classified as a govprnment grant and is accounted for under IAS 20 Governtnent Grants. Such grants are recognised in the Profit and Los5 Account in the year in which associated c05t5 forwhich the grants are intended to compensate are iricurred. The grant income 15 reported a5'0ther income, in the Profit and Loss Account. Page 9