Compsny Registration Number.. 07335620 Charity Registration Nurnber.. 1196490 Staffordshire Cricket Limited (A Company Limited by Guarant¢¢} Allnuai Report and Financial Statements for the Year Ended 30 September 2024 Alextra Group Limited Chartered Certifi¢d A￿oUntants 7-9 Macon Court ChethiTt CWI 6EA Contents Reference and AdDynistrative Details DiT¢¢tors' RerK>rt and Trnstees, Annual Rep)rt 210 10 Independent Examiner's Report Statemcnt of Financial Activities 12 Balance Sheet 13 Notes to the Finoncial Statement$ 14to22 Referenee and Administrative Detsils Chxirrnl David AThdrew Smith Trnsteeg David Andrew Smith Toyin Higgs Simon David Fisher Sue Rennie Laura M3cl¢od Christopher Neil Tumer Martin Nicholas Davi¢s Helen Bourton I￿0￿ Ni¢hol&% Britlo Amit Paul SharnJ& Rachel Bayley Jason Nicholas Britton Setr¢t4ry Charity Registration NuDther 1196490 CompADy ReEi8tratioD Number 07335620 The Clwity 15 incorporaled in England & Wales. 4 PJrk¢r Court Staffordshire Technology Pa Stsfford St&ffordshi ST180WP Reglstered Office Auditor Alektra Gmup Limited Charter¢d C¢rtifi¢d Accountants 7-9 Macon Court Crewe Che5hirc CWI 6EA Page I Dire¢tors' Report and Trusttt$' Annual Report The Trustees, who ar¢ directors for the purposes of company law. present the annual report 108ether with the fiDaneiai siatements of the ¢h4ritsble cornpany for the year ended 30 September 2024. Objectlvu ind Activiti¢8 Objecls ondAin The Charity's objectives are.. provide or &5Si$t in the PTOViSiOn of facilities in¢luding but not limited to the provision of facilities for the plaj'ing of ¢ri¢ket and other sw>rt5. in the interesis of S￿141 welfare ftsr recreation or other leisure time occupation of individua15 who have n¢ed of suth facilities by reason of their youth. age. infjrmity or disability. financial hardship or so¢ial ¢ir¢umstances with the object of improving their conditions of life- promote community partLCLpation in healthy recreation including ntst limi¢ed to the pmvision of fAcilities for the playing of crickd and other sports in th¢ Historic County of Staffordshire and beyond. To serve as the local governing body for Recreational Cricket Rn ihe Histori¢ County of Stsffordshire, odapting and adopting local policies. in lin¢ with national programs. directives and rules, regulations, poli¢i¢$ and procedures of the EnÈland and Wales Cricket BoJrd I'ECB,).. and promote education in¢luding but not limited to supporting the cri¢k¢i n¢twork and its people to achieve recogni5ed qualifications or other b¢tternienl in skills including pl&yin& ¢oaching. safegu8rding, umpiring and officiating, ground5kcepins. club management and developrnenl. The Historic County of Staffordshire includes the large COllUTbation$ of Sandwell, WolYerhaTnpton, Walsall and Stok¢-on-Trent, towns and ¢ities such as Stafford. NewcastlE-under-Lym¢, Burton-upon-TrenL Tamworth at)d Lichfield plus rnral are&s SUGh a5 the Staffordshire Moorland5 and Cannock Chase. The Chtirity's Mission is 'to inspire people in Staffordshir¢ to a lifelong ￿50¢12t10￿ with cricket through the support and 8rowth of thc re¢re*ionai gwne in our ￿U￿ty,. PAge 2 Dir¢¢tors' Report and Trustees, Annual Report Obiectives. Sirolegies &nrfAdlvldes Activitics during th¢ year in¢luded.. Faciliti¢s and Improvin8 C4)nditions of Life.. The 'Core Cities Pro8ramme' in Sandwell enables predomirtsntly women of South Asiom ethnicity to paTticipate in cricket acrivity. This seeks to address in¢quglities of opportunity tts participate irt cricket ¥mongst inner-city #nd SoLrth Asian women. 'Walking Cricket, is a modified version of th¢ game d¢sigDed to k¢¢p older people moving, whilst retaining participation in a garne they love. A vari¢ty of 'Ability' progrnmm¢5 ar¢ 5pe¢j81ty tailored for the needs of those wlth disabilities. With funding from the Lord's Tavernets, th¢s¢ ar¢ l￿W bad8¢d 'SurKr Is,. Participation aThd Governance: 'All Stars, is an introductory level programme for 5-8 y￿￿￿oId ¢hildr¢n. Mthile 'I)ynamos' is a ftsllow-on programrne for those aged 8-10. The Charity encourages clubs to run these prograTnmes Ojhd have also run courses in non-¢lub ¢nviTonrnents such faith group$ attd schools. The Charity NThs courses hnded by'chance to Shin¢. in Primary S¢bools {and for Secondary School girls) al0￿ witb 'Street Cricket, pro8rwiirn¢$ in i]]neTrcity arEa5. The Ch&rAty runs indoor league for girfs during the v4inter Rnd have recently started an outdoor girls. league in the sUDlln￿. Wornen'5 softball fe5tival$ provide an opportuniry for wom¢n to parti¢tpa¢e without any of the Tc¢ived batriers to p]xying hardball ¢ri¢ket. As the gov¢rning body for cricket in Staffordshire, we advise cricket clubs and Check their applications for ECB Clubmark Approval. This is an Imp￿rtant way of nY)nitorin8 and improving club governan¢e and safeguarding pm¢¢dur¢s. People and Pcrfonnanc¢'. CO￿h1ng eourse5 are run for new Coach Support Workers along with intem)ediote level Club co*¢hin8 cour5CS. S8feguardin8 courses aTe nm fotr IK>th Coa¢h¢s and club Safeguarding OtTicers. Cowiry Ag¢ GA)UP t¢ams ar¢ run for boys and girls at age groups from under I I to under 18. along with the County WoTnen's t¢8m, under 50 and under 60 county teams. An 'Emerging Players, Pro8ramme' I'EPP.) bridges the gap between ag¢-grow) ¢ri¢k¢i and the aeademies tun by 'Fir51-Cla58' counties. An ex¢elleni relationship is maintained with the As5￿1￿110n ofcrickrt Officials, th¢ Coach¢s' Association, and the Grounds Managcment Asso¢iation. PMblicBenefii In 5h&ping its obj¢¢tiv¢$ for this period and in plannin8 its activities forthe future. the Trustee5 have considered the guidan¢¢ published by the Charity Commi&sion on public benefiL The Charity h&s proyidcd aece5S to oppothniti¢s in ¢ul¢ur¢, sports, and recreation for all people within Staffotdshire. Thig Report outlines how the Charity's achievements during 2023124 hav¢ b¢nefit¢d th¢ public, ¢ither directly or irOirectly. fwst¢¢s remain confident about the Charity's ability to Sustain publi¢ b¢nefit over the next twelve months and beyond. Th¢ Th]stee8 confirni that they have Complied with the requirements of Se￿10n IY of the Charities Aci 2011 to hav¢ due re88rd to the public benefit guTrdance published by the Charity Commission for England Atsd Wales. Page 3 Directors, Report 2nd Trustees, Annual Report Achitvements and PerfornaDce Community Our CoMrn￿lty offer is ¢wr¢ntty provided through delivery of the ECB Core Citie5 Programme in Sandwell and Chance io Shine's Street Cri¢kei proj¢¢ts. Core Citi¢s'. The Charity has the oppominity to bid for additional grnni fiinding. Th&s w)uld top up Sandwell fijndirtg {to £40k) and allow applic￿lOnS to be pla¢¢d for Wolverhampton and Wal$￿] for the next three years (max £40k each). The Charity is applying for additional grat)t ￿nding from Sondw¢ll Council for £IOk to support a MCC Hub in Sandwell and to fund additionHI S¢wDdwy Schools to help feed into the Hub. The Charity iDtend5 on fvrther engaging with Afro c.aribbean communilies moving forwaTd8. Charity Coaches supported Holiday Camps at Iwo Sandwell Schools (Holly Lodge and Shireland5}. Encouragingly, g¢y)d number5 ittended both, parti¢ularly girls. As a ￿su11. the Charity is IcxJkin8 to crcate Girls Street 5e5sion in the Sm¢thwick I West Bromwich area ag the 8ir15 frorn the schools unabl¢ to attend our existing Street Club in Tipton. The Chsrity also 5UPPOrted a Community Aaivity Day in Sandwell Valley. It had h¢arty engagement including lo¢ai Coun¢illors parti¢ipating in some activities. Chance to Shine Streetr. Chan¢¢ ty Shine Street progrdmme is delivered by Staffordshir¢ Cricket and our selected paTthers takin8 cricket to the ¢¢)mmunili¢s. Overall, it was a busy and su¢ce$s￿l year. The Street budget was ￿1]Y utilised and Chance to Shine were d¢light¢d with our delivcrv. HL8hlights irtcluded.. The Charity succcs5fv11y started tsvo new ¢lubs in the latter part of th¢ Summer {ClaylgD AfghaD Refugees and Wolverhampton yo￿8 Adults) with WolverhAmpton Girl$ Street and Stoke South Club starting the year as newly ¢r¢ated. Four ieams atiendeil the National Street Finals in Nottingham {Tipton Girl& Walsall Youth, Clayton. and Smethwi¢k Young Adults). The Clayton ttam of Afghan Refuge¢s was followed round by a film crew all dAy nd a video produr¢d. Th¢ Charity hosted a Black Country Street Feslival at Ald¢rsey to complete the Street year. Six teams participated. Chance to Shine approved the Stret Budget for the next two years. This results in having 14 Street Club5 in 202412S and 16 p¢ncilled in for 2025126. The Charity nominat¢d l.4wnswinted as va¢an¢ies aris¢. Candidates are inter¥i¢wed for suitability aThd skill set relevance by a panel of Tn]stees. New Trustees are appropriately inducted upoDioining. MajorRisks ofthose r£Yktfor smllllchorilies Repuiatio The prin¢ipal risk ks damage to the reputation of the Charity. snd the Charity impl¢m¢nts polici¢5 locally in ¢Oaoperation with the national governing bodv to mitigat¢ this. These policie5 are designed io ¢omplemer existing poli¢i¢s to ¢nsure that our sport promote5 a fully diverse and inclusive cnvironment and Gulture. The Trustees ¢onsid¢r that the Charity has appropriate policses and pro¢edures for its employees. it has put in place the necessary safeguards for participants in thc Charity's activities to mitigate this risk. Cricket FO￿11￿rIty The Charity Is reliant on Cricket remaining a popular sport at a nation¥1 level to help drive d¢mand for its acttvities withitb the c￿chment area of the Charity.. The risk that theff is a decline in the sport'5 popularity is m8naged by the Charity, woiking closely with the govcrniD8 body. the ECB in ord¢r to maintain the highest possible profile interest in the 5POrt. Page 8 Directors, Reporl alld Trustee5' Annual Report Financial In￿rUMents objectiv￿ AndPolicies rhe principa] financial risk 15 tbat a substantial element of the Charity's income ¢omprises short-tenn grants, whilst its most srgnificant expenditure is what it regards as lon8-terni cotnmitments &850ciated with the costs of its p¢m)an¢nt staff. Th¢re is therefore a risk that its income streams will not be suffieienl to m¢et its longer-terni expenditllre ¢ommitm¢nts. In the pr¢voiling macr(Kconomi¢ envirorlln¢ni, inflation is on an upw2rd trtDd whilst th¢ Charity's Core income is fix¢d for lh¢ next two years. How¢v¢r, th¢ Charity prepar¢s annual budgets gnd rE8ular forecasts throughout the year in older to monitor any itDbalan¢es b¢twe¢n income and exp¢nditur¢, and it prepares rollin8 budgets ift order to understand its longer-temi exposure to such imbalartces. This enables it to tskt any n¢ces3Ary action5 to bring its expenditure into line with its income. The Charity a150 hold5 suffieient x¢s¢tv¢s to ¢Thabl¢ it to minimise the adverse itnpact on its bu5ineBs of any such misali￿Lmetrt which it considers necessAry. ststemtnt of Trnstees. respO￿Stb1Il(le5 The TTU$t¢es (who are also the directors of Staffon15hire Crickd Limited for the purposes of company lawl are respx)Dsibl¢ for ptEparing the Dir¢¢tOTS' Report ond Trustees, Annual RerrfTrrt and the financial statements in Cordance with applicable law and United Kingdom A¢Wuntin￿ Standards (United Kingdom Gene￿IlY Acceptrd A¢¢ounting Pra¢ti¢¢), indudiT)g FRS 102"Th¢ Fin￿claI R¢porting Standard appli¢4bl¢ in the UK and Republic of Ireland" Company law requires the Trustees to prepare financial statements for each financial year. Under comwdny law the Thist¢e$ must not approve th¢ financial stat¢m¢nt5 unle55 they are satisfied tbat they give a and fair view of the stste of affaj.rs of the charitable company and of the it)coming rcsources and applieation of resources. including its in¢om¢ #nd expendiwre, of the ¢haritsbl¢ company for period. In preparing these fithancial ststernet￿, the Ttustees are required to.. select suitsble acCo￿tIng policies and apply them conslStent]y; observe the meth(MJ$ and principles in th¢ Choritres YORF,. make jud8ements and estimates that are T￿s￿nab]C and prudent.. sl*ie wb¢ther wpli¢able ￿)untill8 standards, ¢omprisin8 FRS 102 have b4￿ followrf subject to any matrrial dep*lures dis¢los¢d and ¢xplained in th¢ financial statements,. and prepare the financial staternents the going concthi basis wiless it is inappropriats to presume the charitsble company will colltinue ID busine5S. The Twstees ar¢ responsible for keeping prop¢r ac¢ounting r¢wTds thut can dis¢losc with r¢uonable &¢¢urw at at)y time th¢ finan¢ia] position of the eharitable company and enable them to ensure th8t the financial ststements comply with the Companies A¢t 2¢M>6. They are a150 T¢spollsibl¢ for safeguarding the assets of th¢ charitable ¢ompany gnd hen¢¢ for taking reosonable steps for the pr¢v¢ntion at￿ del¢¢tion of fraud and other irregulariti¢5. The Trustees are responsible for the maintenance integrity of the corporate and finaDcial infornation in¢luded on th¢ charitable compathy's website. Le8i51ation Koverning the pr¢paration and dissemination of fman¢iaE statements may diffrr from legislation in other jurisdictio￿. Page 9 Directors, Report and Trustees, Annual Report Small Companies Provision Ststtment This r¢p)rt has been prepared in accordance the small companies regime undeT the Compani¢5 Act 2006. Thc annual report wo9 approved by the Tn]51¢¢5 of the Charity on l.Ql'QJ1.1S. 8nd signed OD its beh￿f by: Jason Nicholas Brillon Ctsmpatry s¢¢r¢tary and trLLStee P¥g¢ 10 Independent Examinerls Report to the trustees of Staffordshire Cricket Limited {'the Company,) I report to the Charity Trustces ott my vAomination of th¢ accO￿ts of the CoMp￿Y for the year ended 30 Septemb¢r 2024. R¢sponsibilities And b*sSs of report As th¢ Charity's Tru5tee5 of the Company land aR50 its dir￿[$ for th¢ purpos¢5 of company law) you #Te r¢5ponsible for the preparation of the A¢￿Ullts in a¢¢ord8nce with the requirements of the Companies Act 2006 ('the 2006 A¢t'). Hawn8 $&ti5fied tnyseif that the a¢¢ounts of the CompaDy are not required to be audited under Part 16 of the 2006 Act and are eligible for indyendent examination. I report in re$￿t of my examination of your Charity's ac¢ount$ as wried out und¢r section 145 of the Charities Act 2011 ('Ih¢ 201 l A¢t'l. In caryin8 Out my exgmination I have followed the DiTe¢tions given by the Charity CommissioTh under s¢ction 145(5Xb) of the 2011 Act. IDdependent euminer'$ $tatement Sin¢¢ th¢ Company's gross income exceeded £250,OIH) your examiner must be a meml*r of & body listpJ in 5e¢tion 145 of the 2011 Ad. I confirn) that l am qua]ified to uThdertake the examinotion because l am a memF*r of ACCA. whidj is on¢ of the listed bodies. I have completed my examination. I confitm that no matters have come to my attention in connertitsn with th¢ examinalion giving me Cause to believe.. l. accoyntitig reeords were not k¢pt ith respect of StaffordshiT¢ Crick¢t Limited is requirtd by se¢iion 386 of the 2006 Act- Or 2. the ac¢ounts do not accord with those records; or 3. the accounts do not Mmply with the accounting reqUiwm￿ttS of seetion 396 of the 2006 Act other thall any requiremen¢ that th¢ ￿¢￿￿￿ts 8ive a'true and fair view, which i5 not a matter considered as part of an independent ex#rnination' or 4. the accounts have not been prtpared in a¢¢ordance with the methods and prin¢iples of the StAtement of Rewmm¢nd¢d Practice for accounting aml reporting by charities [appli¢able io ¢harÈiies preparing their arGounts in &¢WTda￿e with the Financial Reporting Standard applirable in the UK and Republic of Ireland (FRS 102)]. I have no concerns aThd have cO￿t a¢ross no other malt¢rs in connection with the examination to which atteDtion sIK>uld b¢ drawn in this report in order to enable a proper understanding tsf ih¢ 8c£ounts to be reached. Alextfd Group Limitcd Chartered Certified A¢courtt8nts ACCA 7-9 Macon Court Cheshire CWI 6EA Page 11 Statement ofFinaneial Activities for the YeAr Ended 311 September 2024 (Including Income 2nd Expenditure Aceount And Statement of Total Recognised Gains and Losses) Total 2024 Tot81 21123 UDre5tricted Restricted Note Income and End¢)wmellts from: Ik)nations and le&acies Charitable Aciivities Investment inctsme 1,715 601.665 10,5)8 .146 377.611 9.861 979.276 10,558 1,010 977,335 7,168 Total in¢om¢ 613,938 385,757 999.695 985.513 Expellditure Raising fijnds Charitable artivitie5 4.708 527.650 464 525,651 5.172 1,053,301 2,108 966,114 Totsl ¢xp¢nditur¢ 532.358 526,115 1,058.473 968.222 Net ineom&'(cxpcnditure) Trdnsfers between fimd5 81,580 140 358 (140,358) 140.358 ($8,778> 17291 Nct movcmcnt in funds (58.7781 (58,778) 17291 RetollciliAtion of funds Total funds brought forward 505,212 505.212 487 921 Total funds carried forward 16 446,434 505 212 All ofih¢ Charity'5 a¢liviti¢5 d¢riv¢ from conlinuing QP¢Tations during th¢ above Iwo peri(MJs. The funds breakdown foT 2023 15 shoThryL in note 16. The notes on pages 14 to 22 fom) an integral part of th¢s¢ fJnan¢ial ststements. Page 12 IReglstrAtion Number: 07335620) Balance Sheet as at 30 September 2024 2024 2023 Note Ixed axsets Tan8ibl¢ ¥ss¢ts 12 6.408 12.555 Cknrrent 4Jsets Debtors Cash at baDk and in hand 13 59,665 467.077 40.288 573.685 526.742 613.973 Creditors: AmoNDt$ faUiDg due within one year 14 (86.716) 121.316) Net curY¢nt asstt8 440,026 492,657 Net x$sets 446,434 505,212 Funds of the Clk8rity: Unre5tTirted income funds Unrestricred fimds 446.434 505,212 Tot*1 funds 16 446.434 505,212 For the financial year ending 30 September 2024 the Charity was entitled to exemption frorn audit under seetion 477 of the Compknies Aet 2006 relating to smail ¢ompani¢5. Directors, r¢5ponsibilities'. The members have not required the Charity to obtsin gn audit of its accounts for the yw in question in accordance with section 476. and The dire¢tOTS ￿knOwledg¢ th¢ir r¢sponsibilities for complying with the requirement5 of the Act with re5PECt to a¢￿•￿tillg re¢ords and the preparation of acc4)unts. These financial 5taternents have been pr¢par¢d ID accordance with the specia] provi510ns relating to Companies subj¢¢t to the ￿all cornpani¢5 f¢￿1¢ within Part 15 of th¢ Companie5 Act 2￿6. The financial stltemettts on poges 12 to 22 were approved by the Tru$t¢¢s, and authorised for issue on 'QJ/15... and sI￿¢d on their behalf by: Jason N'icholas Britton Compony secretary and tnJst¢e The note$ on pages 14 to 22 fomi an integral part of these finaft¢i81 statements. Pa8¢ 13 Note8 to the Financial Statements for the Ye#r Ended 30 September 2024 Charity 5tatU5 The Charity is limited by gu￿antee. incorporated in England & Wales. and conseLJuentty does not have shart cwpitaj. Each of the memb¢rs is liable to ¢ontribut¢ an amount not exc¢eding £10 towards the a￿ets of th¢ Charity in th¢ event of liquidation. The addrcss of its registered office is.. 4 Parker Court StsffOrdshi￿ T¢¢htK>logy Pwk Stafford Stafford$hire STI8 OWP Authoris¢d for issu¢ date 2 Accounting policie8 Summ•ry of signifie•nt accouDtlng p(tylicl¢s 4Trd key i¢counting e$timates The principal accounling rK>licies applied in the preparation of these financial sta*m¢r)ts are sei out b¢low. These policies have been ¢onsisl¢nity applied to ail the yeaT5 presented, unJe5s otherwise stated. Stgtcment of ¢omplign¢e The financial statements hHve been prep￿ed in accordance with Accounting and Reporting by Charities: Ststem¢nt of Recomm¢nd¢d Pra¢ti¢¢ (applicable to charities preporÈng their accounts in accordance with the FiJ)ancial Reporting Si&ndard applicable in th¢ UK and Republi¢ of Ireland {FRS 102}) (issued in October 20191 (Charities SORP IFRS 1021}, thc Financial Reporting Standard appli¢able in the UK and R¢publie of Ireland (FRS 102} and the Companies Aet 2006. Bgsis of PTepargtion Stafford5hire Crickei Limited mttts ihe definition of a publiG benefit ¢n¢ity under FRS 102. Assets and liabilities are initially recogniscd at historieal cost or transaction value unlc5S Othcrw5e stated in the relevant accounting policy notes. Going ¢oD¢¢rn The Tru5tee5 consider that therc are no material uncertaintie5 aknut (he CharityAs ability to ¢OTJtitLue as a going concern nor any signifi¢ant areas of ut)¢ertainty that affect the carrying value of assets held by the Charity. 1￿Come #nd Èndowments All incom¢ is rewgnised on¢e th¢ Charity has ¢ntitlement to the incorne. Lt 15 probable that the itKome will be received and the amo￿t of the intome receivable can be measured rcli&bly. Don4lions 4ndlegaeies Donations ar¢ r¢¢ognised when ih¢ ChaTity b¢¢n Dotified in WTiting gf both the amount and settlement date. In the event that a donation 18 subj¢¢t to ¢ondition8 th8t require a level of perforniance by thc Chgrity before the Charity is ¢niitl¢d to the funds, the in¢om¢ is def¢rr¢d and noi r¢¢ognis¢d until either those wnditions are fvlly met, tsr the fuifllment of those conditions is wholly within the ¢onlrol of the Charity and 1¢ is probabl¢ that these condition5 will be fulfilled in the reporting period. Interest iThcome i5 recosnisrd sn the period in which it relat¢5 to thTVLigh the year. Page 14 Notes lo the Financial Statemellts for the Yevdr Ended 30 September 2024 E￿eDdi¢llre AU ¢xp¢ndilEtre is re¢ognised on¢e th¢r¢ is a le8al or cO￿tructive obli8ation to that expenditure, it is probable settlement is required #nd the amoum can be measured Yeliably. All costs ar¢ allocated tr) th¢ applicabl¢ ¢xp¢nditur¢ heading aggregate similar wsts to that category. Where costs cannoi be directly attributed to particular headings tlw have been 8]locatcd on a basis consistent with the us¢ of resour¢¢& with centsxl staff costs allocated on the basis of t>me spenL and depreciation chtrges a]l¢xated on the ￿rtIOn of the asset's use. Other support Costs are allwat¢d based on the spread of staff cost5. RolslngfuHds These are ¢ost$ in¢uJThl in attwting voluntary incorn¢. the mthAgem¢nt of investments and those in¢urred in trading adiytties that raise fimds. c114￿*ble ALYlvl Charitabl¢ ¢xp¢nditur¢ wmpris¢s thoje eosts incuffed by the Charity in the delivery of its activities and setvicts for its beneficiaries. It in¢lud¢s both costs that can be 8lloc4ted dirertly to such activities #nd those costs of art indirect naiur¢ ne¢¢ssary to support them. Grani £yrtdithre The Char>ry nms programs in Stsffordshir¢ QD behalf of national orEomisations such as the ECB. ch￿¢£ to ShiTJ¢. Lord's Tavemets and th¢ MCC Foundation. The Chariry makes donations to IOCAI org4ni5ations and individua]s to supp>rt their cricket activities and facilities in line with our charitsble objectives. Th¢ Charity assi$ts club5 and other orggni5atiotLS itsvolv¢d in Critket to obtsin grant fundin8 and supplements those grants from its fimds where necessary. The Charity rKognis¢s that ¢ri¢ket ¢8n Ix ¢xp¢¥)siv¢ gam¢ io play ond 8ims to minimise costs to parents. whilst recognising that a fully funded age-group p&thway is beyond its means. Support eosts Support Costs include centrdl fi]nctions and have been allo¢Med to a¢tiwty ¢osi ¢8¢egories on a bosis ¢on$ist¢nl with th¢ us¢ of resowtt5, for example. èllocaiing property Costs by floor areas, or per capita, costs by the lime spcnt and other costs by their u5&ge. Govern4ne¢ Costs The5c includc thc costs aitributable to the Charity's ¢omplianv with eonstitirtional and statutory requirernents. including audiL strategic mattagement and Th￿1¢¢8 meglings and r¢imburs¢d ¢xp¢nses. Taxgtion The Charity is considered to pass th¢ tests $¢t out in Para8raph I Sthedule 6 of the Fihan¢¢ A¢t 2010 therefore it meets the definitio]J of a ¢haritsble Company for UK corporation tsx purpose5. AccordiThgly. the Charity is wentially exempt from tsxalion in r¢5P¢¢t of income or Capit￿ gaitis Teceived within c*egories covered by Chapter 3 Part I l of th¢ Corporation Tax Act 2010 or Section 256 of the T&xation of Chargeable Gains Act 1992. to the &xknt that 5u¢h in¢onJ¢ or gains are applied exclusively to cbaTitablc purp05C5. Twiblt asset Individual fixed assets costing £100.00 or more are initi811y Tecorded at cost, less any subsequent accumulated depreciation aTrd subsequent a¢¢umlllated impainnent losse5. Page 15 Notog to the FlnanclAI Statements for the Year Ended 30 September 2024 DepTetistion xnd amortisation Depreciation 1$ provided on tathgibl¢ fixed assets so u to MTite off the cost or valuHtio]4 les5 any estimated residual va]ue. over their expECted useful economic life as follows.. A•s•t ¢h$3 Furniture and equipment Computer quipment Depre¢i4tioth *Dd rAte 3 years Straight line 3 y¢ars straigth line Fund $truethre Unrestricted it)cornc funds arc g¢n￿￿ funds that ov?ilgble for use at the Trnstees discretion in furth¢ranc¢ of the Objectiv￿ of the c.harity. Restricted income fvnds are those donatd for use in a particular ar¢a or for specific putpose5, the use of which is restricted to that area or purpose. Pension$ and other pDs¢ retfjremeD¢ obligations The Charity operates a defined Contribution pension sch¢rne whirh 1$ a pension plan under wbich fjxed ¢oNtributiolls are paid into a pension fijnd and the Charity ha5 no legal or constructive obligation to pay fvrther contributions even if th¢ does not hold suffi¢i¢nt assets to pty all employees the benefits re]￿ing to employtt service in the current and prior periods. Contributions to defjned contribution plans are re¢Og￿l$td in the Stst¢m¢nt of Financial Activitics when they are due. If contrtbulion payments exced the conlribution due for seryi¢e, the ex¢eu is re¢ognis¢d as a prepaym¢nt. 3 Income from don4tion5 *Dd Iw¢its Uttrestrleted funds G￿trAI Rutritt¢d fund$ Totsl 14nds Don&tsons and legacies. Donations from individuals 1,715 8.146 9,861 Total for 2024 .715 8.146 9,861 Tot•1 f•r 2023 1.010 I,oio 4 Inco)D¢ from th•ritable artivitieg 'nrestritted Rtstricted lund$ Totsl funds General Crickei developmcnt progrdtnme5 601,665 377,611 979276 Totsl for 2024 601.665 377.611 979,276 Totgl for 2023 598,708 378,627 977 335 Pag¢ 16 otes to the Financial Stalements for the Year Ended 30 September 2024 5 Investment Income Unrutrleted funds Gellerul Ttst*l ruDds Interest r¢c¢ivabl¢ and similar incorne; Jnterest receivable on bank deposits Totsl for 11)24 10,558 10.558 10,558 10,558 Tot*1 for 2023 7.168 6 Expenditure on ch*ritable *ctivities Unrestricted fvnd$ GeDer*l Restrltted fund5 Total Cri¢ket d¢v¢lopm¢nt tfO8ramm¢s Stsff costs Allocated support costs 128.511 261.740 126,799 10.600 65,334 416,520 43,797 193,845 678,260 170.596 10,600 T•t*l for2024 527.650 525,651 1,053,301 Tot*1 for 2023 435,682 530.432 966,114 In addilion ￿ lh¢ expenditure gnaly5ed Ib0￿ there are also govemon¢e costs of £10,6QO {2023- £8.850) which relate directly to charitable activities. See Dote 7 for further details. Page 17 Note5 to the Financial Statements for the Year Ended 30 September 2024 7 An*ly$i$ trf gtsvernante and support costs Support tosts al]ocgted to chgrit9ble aetivities Governanee co#t8 Admlnistration tosts Total ds Cri¢k¢t d¢v¢lopment PTO8Tammes 10.600 170,596 181,196 T&t*l for 2023 8,850 131,253 140,103 Governance costg U))r¢s¢ritled funds General Tot&l nds Staff costs Trustee5 Temun¢r4tion 10,600 10.600 Totsl for 2024 10.600 10.600 Totsl for 2023 8,850 8 Granlrymaking Analysis ofgrants Th¢ support Costs associated with gr8ntvmaking are £Nil (30 septemb￿ 2023 - £Nill. 9 Truslees reM￿lleratIon and expenses Durin8 the ycar thc Charity paid the trustees £10.600 (2023.. £8.8501 No irnstees have ￿e1ved any reimbursed ¢xp¢n$es or any other benefits frorn the charity during the year. Page18 Notes to the Financial Statsments for the Year Ended 30 September 2024 lil St¥ff tojts The aggregate p&yroll costs weTe as follows: 2(124 21)23 Staff costs durlng tht ye*r Ivere: Wages and saiaries Social Security ¢osts Pension ￿sts 629.074 42,081 17,705 584.377 39,724 16,547 688,860 640,648 No ¢rnployee reeeived emoluments of more than £60,000 during th¢ y¢w. 11 Tax*tlon The ChaTity is a registered charity and is therefor¢ ¢xempt from taxation on income and gains 8ppli¢d exclusively to ¢haritabl¢ puryoses. No tradit)g activity 0￿￿[red during th¢ period. 12 Tgngible fixed •ssets Furniture and equipmeDt Computer equipment Tot*1 At l October 2023 Addition5 Dispos913 AI 30 Septemb¢r 2024 33,617 200 27,601 4,102 (657) 61.218 4,302 {657) 33.817 31.046 64,863 Depr¢ci8tion Al l October 2023 Charge for the year Eliminated on disp05als 26.314 6.110 22.349 3.901 {219 48,663 10,011 At 30 September 2024 32,424 26,031 58.455 'et book valu¢ At 30 Sep*mber 2024 At 30 Seplember 2023 1,393 5,015 6,408 7,303 5252 12,555 PAge 19 Notes to the Financial Statsments for the Yrdr Ended 30 September 2024 13 D¢btorJ 2024 202J Metnbrr debtors Prepayments Other debtors 40.015 6,978 12,672 17.981 6,652 15,655 59.665 40.288 14 Creditors: Imowits falling dlle within one yeAr 2024 2023 Supplicr creditors Other tsxation #nd social seeuriry her creditors Accwals 1,766 18.859 54,298 11,793 12.MS 21.392 49,236 121316 15 Commi¢m¢nt Capit41 comn)itments Opcrdting Ic&%c commitm¢nt pa￿￿¢￿t$ for hir¢ of a Hyundai IONIQ contracted to 2210512026. Th¢ total amount wntracted for bur not provided in the financial st4t¢m¢nts £10.735 (2023 - £17.892). 16 Funds Balance at 30 September 1024 Bala￿¢¢ it I October 2023 Incoming resources Resourees expended TraDsfeff8 LTnTestri£ted fvnds Oen¢rai 505.212 613.938 (532.358) {140,358) 140.358 446,434 Restrirted fuDds 385,757 (526.115) Total fwids 505,212 999,695 1,058,473 446,434 Page 20 Not¢s to the Fin•llciAI Statements for the Year Ended 30 September 2024 Incoming RtJources ¢xp¢Dd¢d Tr*)u(e Restricted funds Scknls Perfornwice Core Citi¢s Commut)ity Clubs and txagues Ability 164,675 81,073 35,975 5.000 90,779 8,255 (262.7551 (117,5161 (55.475) {2,469) (86.712) {1,189) 98.080 36,443 19.500 12.531) (4,067) (7,066) 140,359 Totsl Tertrleted 385.757 (526,116) BAIAnce Jo September 21123 Ottobtr 2022 Intorning resollrees Resourtt expended Transfers UnTestrirttd fuDds G¢n¢rai 487.921 605.876 (436,590) 531,632 (151,995) 151,995 505212 Res¢ric¢ed 379,637 Total 487.921 985,513 (968,222 505.212 Unrestrictcd fund% have been trsnsferred to finatKe a defi¢ii on restri¢ted fvnds. 17 AD&Jysis of a$set¥ between fund$ Unre&trlcted fund$ General T•tsl funds at 30 September 2024 TaD8iblc fixed assets Curr¢nt &5s¢ts Curr¢nt liabiiiti¢s 6,408 526,742 186.7161 6,408 526.742 86,716) Total nei asseis 446.434 446,434 LDreJtricted funds G¢ner41 Totsl funds at 30 ￿ts￿ber 2023 Tan8ible flxd assets CU￿Trt &%sets CuTr¢nt liabiliti¢s 12,555 613,973 1121,316 12,555 613,973 {121,3161 Total nd &ssets 505.212 505.212 Pa8¢21 Notes to the Finrdncial Statements for tbe Year End¢d 30 September 2024 18 Analy$i5 of n¢t d¢bts At 311 September 2024 At l Oetober 2023 C&%h at bank and in hand 573.686 467,078 Net debt 573,686 467,078 A130 Septsmbèr 2023 At l Ottober 2022 Cash at bank and in hand 570,118 573,686 Net debt &1 570.118 573,686 Page 22