CoMpY regvstration rvJmber 07155137 {ErwJland arKI byalesl Charlty regi5trakn nurnbpr 1196719 Fn¥arid and Wales) GLOUCESTERSHIRE CRICKET FOUNDATION ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
GLOUCESTERSHIRE CRICKET FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION Truste8s RSAhm P Boorn)an NRHII J D frpW(KKl J E ¥wai8 M K Lambert C J NaDes S Ru5coe A Sh (Aptxynted 27 Mar( 20251 So¢rtwy R Bet31 Sfrniw management Steve &lk Chf EXebYe OtfrEr Country of incorporaliDn United rj(¥ (Eng WalBs1 07155137 Charity ro9i%tration ErJiarvJ and Waips 1196719 Registeted office Cthmty Gwund Nevil Road Br1( Av Eruland B$7 9EJ Audltor BK knitMIle 6 MarM)r Par< Busines5 Centre Mac<enzie Way Vil age cheha United kntwJYorn t51 9TX Bankers Naiwes= Bank 49 Brlead 8risl(A BS13EU
GLOUCESTERSHIRE CRICKET FOUNDATION CONTENTS Pa9e Trustees tEP( Indep8ndenl aUdS t8p 12-14 Slalernenl dfinancial Èthities 15 Statern8ntd fInarAal posit¥)n 16 Slalementd¢¥sh Notes to the fnarKxal statenTents 18-29
GLOUCESTERSHIRE CRICKET FOUNDATION TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 30 SEPTEMBER 2025 The TSlee8 Ih8ir annual reFKXt atNlfinarnial Slatnts frythe [eed 30 &rtewthr2025. firh8nciel slolem¢nts hevc b¢en pr¢wred in x¢>y¢wwwth occounbry OKies xt wt in notc 1 to ihe fin?nciol StslemenLs and cornFAy wiln the Fwndabon's govtrnifvj .ment..& CorrwSAd 2tlJ6. FRS 102 The Finan¢ial Reporting Slandard applicable iry Ihe UK am RewtAiC of Ireland" and th2 Cttanlks SORP"Accounknng and Repxttry by Charthes". sièiemÈni of RÈtomeréed Ptatbce 8Wit8bltr 10 tharrtts rar9 tttounts In auxjrdarte %%ilh the Fin8noal RepJrtiTrJ Sltndard appli¢th i) UK arKI of treL8nd IFRS 1W21". Oblectivos and actlvhiBs Thp F{)undatn is the sK)veming txx1Yf recrea11 Ixthet in (joaSle1hIr2and In Ihe cA)n¥nunty lo der a ngÈ of health, edutsthon. tomnnity ¢ythet ¢evdopttrt PTqErts. pwramrts. d events. TTre purpose ol the fwndation 15'To improve lives through the power of crKknt'. We to In5pre GIOUSterShlre to say 'Cri¢keti$ 8 g8me foreveryorte. We bdEve crickei pieced lo brirwJ tojether. Inspire lrfdong frerKlship5. imtxove heallh & wln9 and odNer social Impacr. To rneel our pww5e. ourw5VJll isto pul ba15 and bals in pwle's hand5. We 51 Cfthtto Ihe mosl xlusiv8 sport In Gkwsrersbify by Ir6pinng evwy Wntraim cotymunry 10 feel they be9 in the 9ame. The Objects ofthe CIHity are forthe benefitol the get palkncukrty the ithabants Df Gk)ucershiE and its surrndIng ¥Èas, indudiry City of B Tstol". Iu WLV7iuI¥ L¥)IrT1UlI1lY wrwpdiKMI iii Iwollliy W&AliUtI t)y w¢)ywJiiiy as¥rsiiiry iii iti¥ pruwbiull ul T111115 fur ilie playiig of a)d Ve1(pMew& of crick. aTht otherwplsthal aE Capab0[ Nprthing I'facilities. in this article mean5 larKI, buildings. equipment orgarising swtirvj actvthe5 Ind15 coach9 art InstmcbDnl ayd by %¥orkg lo increase levds of partpallon in s1 a[ ph&3iBal Miy. partKxJL¥ty alj membprs 01 allY ar ecw)mi¢Sty disadvaitsw rrnnIS in tryeAre8 of Brit.. • to kYLwide and 351 In F¥OYvJing fa()1¢$ lor the prya of devekymant ofth& game ofcicket other garnoB or sport. on a rECtral basB far the sre timerPatiOn of suth [wsrS wTh) need suth facilities by reason thryOUth. age. irffirrnrty OT Fty0r ecorornrc1rcumstaes, orfof the pUblat large, in the interest of sock41 wdfatp. Ih8 Lier. of Itryrowrvj cotvj Jo0[11fe. and as a fneans uf recuong the irKIdncC ol ano.so¢k11 tÉhaw)tyanK ofsc<ialty and eccwr(M¢¥ty dtsadvtag8é (OnU11es In thè Area of Benefil. lo advance the 8(kn¢ali drwpl8of¥l a9 IhwJJgn such means as the Trustses see fil., to womole Scal indusion fr1he benelit by preventrq people berA)miw KIalty ed. r21iewng the needs of thosè pÈoKAe who èrÈ ar¥J asysiirt9 trEm to niwaiÈ Into socw. F(x the pvrposé ofthis dBu8e,'SLKially Exdu. being exdL¥JBd SOUBY, Dr pari [(Sty. a¥ a resurt d bwny a tn8tnbertsfa soci4ly and eccmmically deprived ccrfnmunity inthe Area of Benefit. aid lo lurther such Olher exdu<Netythrrtatle PWFWS accrdg lo the of Waks ¥$ the Trustee$ See lit tron tirne to Ihry. R8laling dirgcuy to th8 obis¢i¥ oftr chardy. i8alignwJ wth Iwiri G1CerShir$ 8irai•oy.21Y292029. and the ECVS oicket partnership agreement Tr key Pllars ol our strategy are tD.' 1. Support CornmunitieslhroJgh drr5e. it¥e and 1)le urkeL 2. Ae[al8 Gharye iryw(Thens giFIs' LLe1. 3. Deliver so¢k31 impact the olcxKth. 4. more thildren antl ywng peopk. 5. De¥elcrf) a Ihnving. $tsInable, safe inrJug¥e recreabonal ganE. 6. SupertharJe wr aththe5 and wnpKt
GLOUCESTERSHIRE CRICKET FOUNDATION TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 A¢hiw•m¢nts and porfwm0 Each oflhe p¥eets prograrn vered by Ihe FoLvidalK)n beh%Een (kiober 2C24 and September 2025 dIv contrlbuied to at least one of Ihe tiirs of thestr¥gJ had a (katy oefined measurable ouicome 8n¢ 8 senes of arnbilions. Nluch Ike prevK)U5 12-TrK)nth [(X1. Ihe Foknndabon again had ar Incrediue year both on ayd off the Trye ch8nly perfwTris such a of lo achVe ts obieu1. rangity from ¢4Nery In schwls. to the running f junior and senior lea9ues, to the devekwpnt of vdunteers. to probidiry hotmeals forchi dren (knring holiday periods, to proVlg walkiThJ crithel ebkrty. AREAS OFWORK TO LOOK BACK ATIVTfH PWE FROM 2025 SUPERCHARGE OUR ACTMTIES AND IMPACT Much lik8 2024. the v40rk and thathas in by ihe Founoakn Nas baw recogntsel by the ECB. infoming the FoUrM1ab that It was On agan the leIlrJ (lsaIlO in rnoreareasthan anyottrer aross the ty. 2025 saw the FoundabDn speCif11Y aCVe.. County Governan Gokt Ar%¥Il81 Ready 10 livesl sialus GarrE Chger Fundit Cricket CilES FundiTy EDI sir8te9i¢ Fundifwj ApprrJ¥ed StralegK P arvj 4-year Lw w(Yk In the first Pwlfof the Yr. whwellE Fwrklab"on ts¥el(wl its Jrategy. fr1)9 exiwsive consullabon. %Yas parliCur1Y inportanl. This appToved stralew. a wl- a CPA seN-a5sesyDenl Ibal sh(ywed all areas were eilher'lea(Iry or'on track. and Ihrwh rneeiing 811 Governat rteds. wni the Foundaiioi) was in a posibon to 8ttract siiatsgi ECB fundirE-.hai v8ryfew(th&ts . Faund£tk?n laok ad¥antaJe oflhis oppOrtty and wa5 rEwartsl granlsta supwrft." the of IGaff Charw Fumjl TaKing tri( ID rnore ett)nKiyd vetse pe( n (crick cits Fun0} GrtviiDg IhF s and Gits. IEDI Furnll Staffirvj Ipvds Increasal from 16 rnerrtht5 01 stattal Ihe bBgnngQrthe yearlo 22 atthp el. irtluding 9 npw 51aff mernbers. For any organisalKn of1 FoUratn s 5pze. It1 nutthr olreGWthpntcamWJS. tDbusl inlerviekn prcbcess85. appoinlrnents ofsreal peop and Inductions ct)me as a etha1e. Then L4yer 11a1 tre prccuctKJn of a new raiegy. a team ing wns-.ty¢ted 10 meet e anti1$ of Ihe siraiegy. al dore in a way that vId give e•¢h diwdua the time anattent n8eded and 15erbEd. %M11 chIetye very best. T $11 the ¥vth mear the FoUrthTh now has t 8lrtyKfftStar ftw)s". LS1 learn rt h88 ever 8d. whth $ enatAing 9reaterdedutiOn o. lime to SWUliC V4C areas. whlsl resourofw) ar&35 that have ously bsen oui ol roach. (kne ofthe [e5 for 2025 was w fflake ¢YKkel mrrfe sIble auoss (Yrrtwwshife. ToeTh4ble lh. the Fwndation ernpknyed a Marketiry Communrakns k4arw. hK has lo rrKYe eS brj l(A(J. ttK>re VIbIlIty across SOCHI channds, and an imwovÈo aThJ PDfÈssw)nal apmc-y 10 matkei.ng. Tr¥s has seen the Foud8iKM's sochql med&? folk)ww)9 orow.
GLOUCESTERSHIRE CRICKET FOUNDATION TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 ENGAGE IAORE CHILDREN AND YOUNG PEOPLE (w aga, ourwoTk in aTaa ofMI Stat5 and Dyn Wds inrypdl8. thp nutrgrof childran who thg programmes from 4529 to 4161. VI1St being the 1£'th 1wsl' county In the country. the FourM1aticn's work over-index8d and again saw us gain the gieale51 Thar%el share. rethnl lo size ofine county. Th is rTrot sotnelhing thal the Fwndalion saw as ¥chev¥ble back Cklotw 2024. IYw9h sw&)¢ and a¥ghtty diff¥ent (1 model, the umbers On 9w. These results are testament k) Chiis and ddwery team In I3j ui¢kel lo all corrers ofthe county giwng a5 rrk4nyChiren as w>sstAe an opwttunity to playtre gae. The National PrvgrarnrnB figuFa5 iUthd dfvY at81 Lkn. tNrtalx¥a g[L79 numbwof(y)mtnwty programmes, often In holiday pefM)ds, aiming to Give tree bursary pe$ 10 young pec SOClCttonomi¢9mtkS and those ( free 5¢hwl meals. Rwhing ch do rrt)I rrflrnwly gel the (an an irnprytant 8Tea ofour 8n¢ we hwe that by giwrvj great exerien5 Ic the ywng pe. they clK>Dse ctickel In Ih8 future. tmjl more than thal eY rnay see that physica aclmty ran reward IherTr with somdch Iriatlhey to be a(ve Natn81 PrtyJrammes al dubs d ¢(mUni1Y $6llings wwe hea by unse, day.io.d8y work in primary and seCndary SC)S. Lazywmakn often strtes thal is deal In stale tthrough delvery acr05S the prOa[neS ofGCF Acti¥p FUthS. B.1 Swxt'F(wever Swr.. CharKe kn Shine a1 secuary. ACE sch(x) programme, Taye Cncket SEND progrdrrwnes. and Lords Taverner5 e1Z 2025 S3Wihe Foundation delNer." EngwJerneTrt V4rfh 218 piiw3ry scl¥xA5 {53% of1(al Sch¢K)l Enwemwi bwlh 68 sw)ndary scKls181% cl iotsl s(Kds1 4252 hours of cricket co31r in total in sth(x) 2025 also saw workstrrt 1)n the I(Tha dTne new CesIershi* Youth Crkket League (Northl. whlch 111 e the preVu5 four district assorAation5 ofsirwd. CIAsw(Ads._' eaLkn va and Chellenh & QutErbeGOme obsdele. and Yepl8¢ed With a Four¢¥.h)n-managed ar adrThntsted nv•4 sd up. by the ne¥%4y apw nted Le¥9ue & Ci)mwIth Officer. Tre ofihis Irk Wds IINV.. To supp)rt ond holp an ar¢othat Is r¢liant (MI a fvrndlNIg nkthb¢i olvolunt¢us. Provde opwrtunthes so all young CrIcrfete can acyx55 rn1[1. cunpetilive. 9aed ctickel in all CLYne ofthe nty.
GLOUCESTERSHIRE CRICKET FOUNDATION
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
DEVELOP A THRIVING, SUSTAINABLE. SAFE AND INCLUSIV& RECREAmOtriAL GAIAE
F9vndn,s workta supp
GLOUCESTERSHIRE CRICKET FOUNDATION
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Club developrnpnt and 5UPPWt-Clth corknnue to be heartbeatofthe game, arKI the Fou[tim has thked 10 5UPPDrt
the 184 dub$. as best we ¢¥n. t(.. )ar. The has rwerasw tsr 8$ mh from Cri¢kal Club
oluniee15, SQ It is impvalive thal we do all ttr41 we can to Wp a-.d thern. and to make all wicesses as easy as
POS5ItrAe. often tY are not.
Ensuring cricket is sale d Ihèi 811 ¢lubs ÈcovwÈd with 81 a$1 the ik¥e rninimum 4UalifÈd and certthed
safeguardiThJ Offirs is no E¥n feat. However, Ihi5was again in a(Wce ofthe 2025 se8srfft ty the Fwndations
work In ofteiing bespoke. (lSe courses wOr1th Wues closely.
Thp safetyofthe retrealiDnal gaWaS a1s0enhad by grpatwxrt in to dek an In-reased numberof
Clubrnatk AGcrediled Clubs- ClJbrnark an l??lIa StheT frJr trick dubs %vhith Shows ifral a Glub is susiainable.
well run and prowdes the right nyMeThi.0r its em[S. N. 0Y did al 67 ye¥sty3eCredIled clubs regain thar
ccre1italll 2025, a further4 ganed the re¢ll31)n ftylhe frsl tsne. T nedubs [e Argdgns Nine
Elrns CC. Bradley Stoke & Njmondsbury CC. SitKc(wr,be CC and Wilcombe CC.
Ths MeY and ¥ whok loi mtye Is requred:o Improve il si88 of IF pool offilties th81 Ihe sport curwiiy
uses across the County. ThE wa$e in ts prthckn ora Ccwnly Falty stratsty Ihal look al all9rS pilche5.
praCte fac111S and inthrcenlres ¥trthere ke1 Iscurrty pky&l. The Conclus to the straiegy is that a siwrfh7nl
afflount of Invesbnenl Is wuired to support new a¢l1vilya to raffje the standar(ts or¢[rfa¢IIils
SUPPORT COAIMUNITIES THROUGH DIVERSE. INCLUSIVE ANDACCESSIBLE CRICKET.
Despite the gr(Mth 0fVeral rw (XKnrnUTMty woyramrrEs. krKrwlhprp's so llKxe thatwe do. and many
CDtimunilEs remain undersefved.
ID 2020. we ran g free Chance lo Street the LNdsTavernerswZ pryramrrs in Bristd. By the of2025
that h grthvn lo 27 hubs. icLding 11 fjdtse 8rist(A. alryKJsth re FKrvJraffrfThes like Supw 1$ and ts AfncaTh Caribbea
Engagement Pri¥4Tamrne IACEI. al ncreased Jy 2N)%.
Tw ACE IAfro£artibean EngagwTrentl exFarKJed its dfe.ng in 2025. K)re hub5 a greater number of
piayars in the ACE A¢aJamy. As 8 cnw4uerte ofthB suc¢tss INtyfamm8. Ihe Foundation has beèn adrded
lfler Ihree"ye¥ contya¢i lo ¢Ontsn the 981 wty. arwj we welctyred a rew ieam bert0 èad Ihis In Nwember.
On8 ofth8 6trerWs ofthe FoutKlakn 1h8 way Our uxtxnunty pwrafflm&sw)tk together to support one andherand to
proVe young peove wrth addlinal oJp(KtuThtses. Th15 wa5 agaiTr In 2(.25 when Saw the (xjntsnuation of the
Community Indoor Cntket Lèague. This oty(x)mmLthity pl
GLOUCESTERSHIRE CRICKET FOUNDATION TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 ACCELERATE CHANGE IN WOMEN'S AND RLS, CRICKET Th8 women5 and girls. garne has come a In Ihe lagltour ?r5. IDvestment Iro the national govni by. aknng lOCd dNery3Cross tIes. In 2019. treye We 36dubswith Womens ?y( Glrfs secbrffjs. By 25. hs had Increas to 63136hl. shg a brillkynl r6e il ts pumw ofour duDS Investing In this excth( oart ofthegarne While aCkn(jgITrg what we've already reathed. we recwn15e trere is sbll much rTh>ie rwrn lorgrowlh. ard we have signthG3nl plans lo increase activiry furthero¥er tt neXtr years. a5 ie ae onty 28 dub5 (fvng girfs. UKknt, and 48 vffwng women s cricket A real focus for us is 10 hdp thbs Increase Iyt nuNthrof female reEwrces ¢lub è%l- volunteers. ¢oa¢hes. officials- as well as Imprwry fem8k Ile$. Tod[e Ihs ihe FwThtslion TYlled an MeberOfsl¥ff. so ** ar? able lo put Tnore bats and ba115 nto ttK)re bits" TrarKls ar gve a crthet offefrg al rneets LfEir needs Tryanks lo the sffjport Metro 8ank and their partrth the ECB.'ie4nal coaching and offiGialiry courses Icrf)k place ID 2025. ie ambibon for 2025 was to briry In a rEw Secondary Scknol Outdwr Competition lor girls, folknwing ldbad[ and ambitn thrtrtjgh the giythng Y41nter CoMtnS fr( te&her5. Lale festrAs a[ fin$ days were orgarmsed, and 29 scho(As got Inwlyed in summer Cret lor the firsttsme. DELIVER SOCIAL IMPACT THROUGH THE POWER OF CRICK IMwo¥irvJ piysical and menW is a heJlirB pioritylor tke wrfrKy8as•ig CnnY Develrpmwi Te8m at tho Fryindatinn .%liirtjp.$ phy%ral ArJivY a rnKial rNp. m rThinrp_my thp. rTr%siirp.% nf an pnpiilHlinn hy proving heallh outcorres. hea thwe cost5. enharKry overall qualily of life. For pecyk, ie$ 6FX>rt reduces stress and anety. buikls fKjece e)urag25 C) whik ottenng Jpwrtunibes Into empknymeni and Èdu¢tYJn. TTrMs 15 whete Ihe GkSterShl Cricket FoundatK)n cag utilse Ihe FKW of {xe1 ddwer soual gwd O¥erthe next four years. want to crALHborate fvrtherwilh C(oIs. health Ser¥s. WTNrunity organisatk)ns. and crid(el cubs io crease our offer and build bespdle prograrrmes ha.. VAI enae al toknnsh. This Will be done by growrvJ e CotnmunityTeatn oflh& Foundation a1 delyewg mBanirGlul rne5 thal have a reBI iThp. Jr Cornmunity EngawentOffIr bewn thi VIr<. The rde ha5 devekwl Ihe Waking cke11)m 50 t?15 ¥w takE5 pl4ce out OfBS. Chettenharr. GIoUster and ¢irereSIer. &the eThl 012025. fu1 was ured lo open programmes n boty Te1bY and Slow-1t-WL4d. In ajdn. Ihe le WKrfEes offers b support health rthabilitation Ihrough work with NHS P,vm8ry C¥e Tw$ts Cre$3mI deii¥¥s a Wdltiwng Prooramrr across ihe UntY. FuNlralsln9 pr8¢tlces Trye FoUndatn genera'.ed £42.7M) from di[1 s[sorShIp across 2024-2025 In mst SeS tlis 5UPP(xt came from loc or regional bu5ine58es who the aSpaOIthE Fo31 in specifiG wotk arBas. This is area ¥vhere lfr FndatiOn needs 10 tmtinue its wi. as by bringiry in rther$ to Sup¢8$ ofth. il en8Yes nomily b.ed up Ywney iu b¥ ¥l¥¥wherg ILI gruw Ine gai Ilwas the irtention ofthe Foundion to dev@op itsthrrais'ng eff(rt thrwjh cafftpaKJ4sacr05s the Justciwng site and a15Q Ihrou9h the Fnends of FouatYJn LDttery. B(th stil exist atKJ sbll bnts In an anfiual amount of rTK)ney. bul chawed du'ing the yew, and Il was 10 go afiwgrants fr0mL¢C AUtIlIeS, Ch8ntses and other glam funders knstead, Ihe financial return was often tssler paced apd enled aCtIty to bg delIred quidter. Both Carnp8yns and the Lottery Stheme remain w¥)rili8s FwThJatsn. aThJ more wll g)in to them beig 8 suc¢8ss in 2025. All fundiw otsivÈdlraised Is utsltsèdttser stthto dÈvÈkw dÈli¥er Ktptts. rwrammes events thai dirècoy Dpact gn the tharily sslralegic
GLOUCESTERSHIRE CRICKET FOUNDATION TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Financial rvi•w Tho aMtst1( of thu FourMlatKJn r& ID havg a rrnn91axxjUL8. hthiLsl uldising RaslriGtgd Funds in th@ mosi èffiueni and ÈffÈ(ve way [bI. finanaal staiemenLS revea a sUS for the year of £98.844 on incoff a1£1214.4. Of suwlus £91,784 was restricted. with a SralraTnout of£7,W iestiicted for use 5wThc WLV(ts. year ended wrth nel assets of £587.255 ofwhich £495.618 wereun'851rLled. whlsl £91637 vras Stil1ed. l)Jr ureri¢ted resers al 30th Septemtw2025 rw Swd at £495.618. Ths covtrs a wss8ry £51.637 as wtenbal redundancycosts and iyealty a £434.810 desi9naW in case (rf a $$ dfvnding as terour wrves [K)IY bekjw. The finantial Wsition reEesents8 and Po¥)n. al(YYW Lhe Tnjsietstoddw on charitable objectives. R8sorves pollcy T Trustees have earrnarked sUffiCnt cash resoUrlhat-the¥ teel are prent lo meetthe needs oftr mili(wtion ol 8dverse nsks as Identied by the risk regier. A>de relan1 a prthent ¥nounl in r¥erwes. Ihernaiwty olthe Ch¥1$ fndS are lo swnt in the short rK) funds hekl Wlerrn VeStsents. Befwe bttomin9 ¥ Chwity. trt G¢er$hi Cricel Board agreed a Resers AndoYr8n lthe <h8rtere accountancy practice that examines the anrnol Fnarv now BK Plusl. Tnis Staled that reserves shwld wver 2 to 6 months. running costs. (Wendiry on the SÈCLfityaflhe (ryanis3tKS inccthp_ syreams. The reserves musl be'unrestricled Funds., i.e., Funds Ihal the rA)rnpany is free Io use a5 it sees fil. Up until Ociober 2021. tr¢ Board beSeve thai It %i•s r¢essary sei ttt rrtYI¢y ai the iop end ofthe ranoE as suggesled by An(knrT8n. ihs w¥$ due lo Ihe secvre natbre of rjye fdi from ECB. Chan to Shine. Lor¢s Ta¥errers, eic. ano so'wnicneveris Ihe tyeaier ol J KunnifwJ Cos rtwunwcy Cos(K the KekNacsMent Losi ol Depreciated A5sels' wa5 aweed s ¢h8ffjÉd in 2022. and du& to thtr uns6lUed naiurt o. stwm. the irn ofcowd. ihe Cost o[Liry9 rise& and other factors, the Eoard incre35&I the pericAt from 3 rnontrs lo 6 frth5.".0 the w(dIng ofryvh Is 1he ¥eater of 6 Running Costs RedutK4anGy Costs1 ReplellI Crffjt of A55ets". TTrp ECB ha5 signed a npw tadrashg ded for tre peDLxJ 2025 to 2029. wll see mre Cr irrto the gafntr Inan •ver b•fce. Hthvevèr. it ts beiieY8d that1he may be toJgh¥rtrS ¥he. tspe¢i¥lty ai Itt8 bs¥"nning of2029 this current broailcasknng deal VAI end. Aso. due to-the frequenly.sed term by the ECB cf 'flal In¥esthent'. ai a bme when Natnal Lw ng Wag9 all gth8T arg Snnly. Fiyance. Ask. and Go¥etnon¢g'FRAG corn¢9 IoL Ihe'R&erva5 agenda ilerr lo the Odober 2D25 Board rneeti. there unanimwsly ajreed lo rnainlain Ihe current ievds. Trye logic Islhat iflhe Company ISwW up. It<k)es notneed lo repace assets er$I01 that assels ¥e cons derably less th8n runniry Costs. tAu5 relu9ry. ts rewves Is based w $ months RLmnlng ¢ost$ plu5 Redundancy Costs.
GLOUCESTERSHIRE CRICKET FOUNDATION TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 11 believe5 thatthe to wuvide erJr.. l. Lat• paym•ntS 2. need lo Cohtty nd ffjthe rA)mp (wfiThl atefflatwe offU19. 3. The exposure 10 redun(Lqncy cc6ts Tw FRAG comlte8 kYOkW$ Ihal IN Ccmwy Reserves IUrestrted Fvn(tsl. for th8 year Inishir& S8Ptember 025. to Gover. 1. 1 aTrJ 2 aboYa- 6 rnonihs rumiry ciEts- CuTtenlly £434,810 2. RedUndCY Costs- Currenlty £51.637 Tolal= £486.447 Tie ReseNes taryet VA be revwyd annty as part oflhe Ibge9 pre$s. ith the tIKget sei ts) enswe Ihal Reserwes zre on trac Grants We are elealty gralelul that Chnue tosupwKt us, ryeaaltylhe ErvJlarNI and Wales Cricket BoaT[ustW11h £4.918. Chance to snine £169.626. the Lorrts Ta'ierTr2rs £111.369 arKI ACE Chanty £68.390. Plam lorfvture perlods 2025 has $68n a gre81818rt lo me•bng artAi$ of knsrAriThJ GbJc•Stefiiro. 20292029, but Ih8r• 1$ Still much lo achieve. and th8 next operationa year likB a key w'.h a of5taff. 2025 was al ab1 wsilK)niry F(ndation Iinal Ihree years oftr sirategy. and so 2026 srHI Deyond i%very muchaknt oreratk)fhal ddivery ar rowing numbers wryratnmes acr05sal aycls oftregaTe. so key pyicthes for2026 11 i1je.. (>owng the number of wptyate $prs0r$ and parmers. enat4iro the Fn3n to wt nTh)re bats and balls into people's hds. Deydopiny a facilty sWng grL¥Jpsolhe dreamofa'oome. and thrimkyovwj criLel fa01e5 beco a reality. Launch ng Iw GYCL Northleawe f¢r¥l dubs atKJ il In.housÈ. Toking back thc Icarshi) ond rcspowbility efti¢ w)m¢n'sand gits. Wucs Ublising Ihe pull frorn Ih8 Wonw's T20 Wothj Cup lo grow the women's and girts. garvd. ircluding growing Ihe nuTrber of clubs Ihatofter girfs. cncket. In¢retsing thÈ fKJmbÈrirfdL4>s tha.. hèvÈ •Lm)rSettl$ tun NatKThl Pfogramns. Providing 51gnifiranl oppDrtunilies for rhilttren lo T20 an¢ ODe Oay CriEkel al the County Ground and C.hptrp.nhHm fnr Irp.p.. aknno with a MiJth4Mprn ar.IiVatk)n arp.a. sn c.fvldrpn (p.1 a grA7t P.xpPrice. anrf want I relum'¢r future malches. • Maxi1519 (pwrtuniiies rnade by the ECB to Ihe FOLndatm. lo SecUredI1)nal propctfur*s Ihrough kne EDI dslributionfund and the Charvjer Fur¥J.
GLOUCESTERSHIRE CRICKET FOUNDATION TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Stru¢turo, govomanu and rnanagwrngn¢ Gloucastotthr& CDcko" F<)Undab1 r& a Chatrtable C(WrY by gDvgmBd by its and 8rbdes of 35SDCk3-.ion ttaled and apted. 31$1 Marth 2022.11 isa rÈgisipred (thanty with ChÈrity cMiSsIl and a 18gistered oJmpanywMth Cor& House. The TrusLees %vho have served dunng the year 3TrJ the are set DUI on Page 1. The TnJste8s Theet 31 least seven limes ow year and on any Olher(e89 as juth)ed tyder to wress and ddemiine mailers of araiegy ar Olty. Any deCiSn necessar! from Ihe TnJslee5 shal be determined by the maicfflty ol vote5 ofthe Trustee5 present and rn the quesiMIr. All Trusiees Serve a thTee-ye8r iemi. frAlowir¥ (xn setkreap¥ynbrenr. Th@e$n9 Truste h¥rfe Ihe powerto 8ppoinl furihw Tiusleos piowd8d hav8¥llwn8d the age Of 18 sears nc4 dwuified from taking office. The T'u5tees are notathvY recrUtt at weseni but have MaSre5 in rAxeto corisider arwunts as Ihey might arise. F(Klhe recruiltnenl of Desv TwslEe5. ihe thaTrty ha5 a tnittiOnS Q¥)[Dtnitwhm (lJrnwd ofLKth Tru5teps and kidependent Meer$. The Comrniilees to have a tAe ar mix ofrepresenlati¥es from a¢ross the cwnty. with at least 40°k of der. as well as rwwfttatK from across ali IraK Ne Trustees underwtraifng >)J an Ind to i1eifhtr on trr le9a obh9ati(s unoer Charityand Crjnwy Law. trt content ol the articles ofass(Kialon. tre ty[.ee >d deaat[nl¥ ptucesse5 of the FCndaboTr. tre strategy and ieceni fin¥Th>al perf0mnce d the ¢tr¢rity. rw$teesare err 10 amend exwnai ts3ining eveni$ where these1 faililate the urmIertary of theirr(Ae. Board ofTrustses Is skill>based and isa nuM01 12 merts in soe. To supw full board. a Flnlln, Risk, Audit & Co%¢rn8nce Ctsmrnittee w¢ets a". k8st fJr tirrts yew to rehiew the Wl. aMIyse the IDree3st. mainl&n an 8ppropri8i&and Comprehertswe rtsk rtgi¥tw. F¥l$l aL%0tWri al audit and err>In¢ wtyk 18 c¢mli8nt. The operatsonal manÈgBment ofthe chanty ¢5 by ihe ChEf Exetjbve. supréNted by the owatn$ Manager Ènd the Cornmunily Oevek)prn8Yl Mawger. perf(xmarLe5 of'.he5e w&lKJns aid IPIlar£ al Boatd Meetings. 2nd any decisions On I?neration of ali Staftnmbers Ere ratthed by tr TnLs*es TTr2 TslEe5. who ére a50 Ihp diipctors For Ime wrposeof tr)rrwry L. vlho [ed durirKJ the yèar up to the dè of sign¥rureof the St¥[ernlS wwe_ RSAhThd P BoLYman P Carter IRwne¢ 27 March 2D251 J D J E Khawaia M K Lart)ert C J Nobes A J Parsons S RLEcoe Ashdd R Bernard (Res9 27 March 2U251 IAFvxnted 27 202SI
GLOUCESTERSHIRE CRICKET FOUNDATION TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 ¢oveman¢• Te ECB now sets tniyitnum exjaIOr fOrr staards. ¥Yhich are partofoui contr ¥Ath Ihetn 1.01 of the County GovBrnance FraTnBwork rgqugsts Ihat al (x]un t-1rDFknrBn1d dBmonsts3tg full co[ync with Ihg Gokl level of the county 9Dveran framework byro L¥terthan Jawary 2D28 Te FoUndaW(med hard th th area and has cotnpleled th8 acuedit8l. wmlh ECB 31abng". Glcuceslershre crnck F(ndati( has becune Ihefr5trA)unty niSatr to achieve Gold slarHlatd g[>¥ernan Uerthe EC8's CouDty PathetthlpAgr8eenl (CPA) a¥vard was m•J8 tfterGbwestershY8 th8 ECB'S new knr8ditalKn S¢hwMe. ru) Ind&peDd8nUy by ITrustSport. that ensure 311 Professiona nty Crke1 C ubs IPCC5land Recreaiona Cricket Boards IRCB51 achieve the gold IEr oflhe ECBS CouDty GOyerDaY F-r.ew4(Kk A¢hving Gold siaidafty wv8rrthic• 1$ a SWJttift8ni 8(verr1f¢{ anyo)unty." said Ed Ring8, hd of govomarte al the EC8."Our coryra'.ulaiions go lo Gloucestershire cet Foundaiicx) forlheir hard work arKI diligencein meeting this strandard. Cricket across Englard art Wa¥4111 onty beTrefftas IT"e and TorE organisabons progressthergovernanr£ and becomtr evÈn beiler equipped ID tyow tho ac¥oss arvj Wa$." Ed Ringe ded...For Ihe past fiyt years. COLmly trgants•tKA)¥ asw lo aJoptth8 Brwoe ar Silvwlrs of County Governan Framerk Now. as partof CPA2. IntKKuCg a Gc4d ACCredi)n srne Ihal will evolve wr Éssurance process fr"he Gdd [. Wewoukd aYyrA1ty t¥son t1 feds trpy ave ful Itrwl2mented tr Goj Tydr lofolbw Glouce51erstr¥re 5 atwj ¢LthIe the [kwwxliat 5thrne.- We aspire to highest standards. rtI$¢Ih8 iwe rnirimum we w getavray ith. Our Fin8n(. Risk. Audil8nd Govnance c0mIte fFRAG"I re9UY rewews denwts of tyJrgo¥ernwce Pfdcttt. The new CPA. comityJ Inl¢'¢rce in 2025. has us to revBw the %thol& dourrmi(yJs subNs&on. This time round. the ECB WAII lookiro mre cknsdy èt gooc govern 15 embecded thi the way we think ork as an oryani£ation Trty wil tye $v11ng. aroro otrr Ili$. Ihaiwe are haiwe thm kn do Itl OUT wfitm pic¢eJues. Th8 FuundatvJn COpIES ryth the Chaniy Clyn15sIon Cot[yaTrS HL¥Jsegovemance. as well a5 now bly[ Gold AccEdNed lor Couniy Go¥eMae by the EIX. Ctrnty Patretshp Agre#en1 ICPAI. wulates the Waih)nship between the FOund8th the ECB. has ils rargels anwalty TrEI. aThJ we are cmmrtted to Continuing lo meellhe CPA %laDtt3r¢s fflwDtaiTr Ihg Gokt Ac(xwJitakn. All17( the rrtus of GCF is 8N¥ays entrage and Ènable nwe tu Jty trickÈi. Il L% imrK)rtani tha IhÈ organi5alvJr is ruTr financ8d. These atp nrjl in theTrthes tvl atB cwEial io Juratslrty to c3try Ejut Dur main Job efficienlty and efFectwdy. Good govergar L% about ensng tral we [rSu Ihe y . prevent us fro doing ourjob. assessing those risks and the cortr(45 svhich are alrey in fv. and wlEtherfwlheraTrd bptter COTr5 are requirpd. We ean Ver eiimin8te risk. we can seek to nilimse tre ¢-arn otan eventctta"Ing. and tre d8mage il mighl ¢ause If it oes occur Often. so(M4er we n reiwnise Ihai the* is a tKotkn. tne bdter ¥¥e cai trck Il. We have a selof processes atKI cjnlrds that we beve are J(ythale lo therisks al the scale of[ Qperatn5. and we wil do wr very best lo eD5ure Ihal GCF is we I njn arvj tnaiaqed. qing reassuratKe to ourclients, staff. volunteers, fiJnder$ er spws¢E. our herstake1d0ef$. WÈ aim ro 9i¥e pÈapk the rnfidenCe lo en9a9e 4th s, so th81 more enjoynKWe Cncke.. 6 go¢xl f(thr phystsl healtr. d8vdops tsr18chnic 3nd social 5ki115 and their confiderME: we ¥Ydntlosee Thre peOe kknr¥J part help lo rernove balrS to enNiyng our sport. We are cot- a continuous and irtyent (Wive 15 Patofour tisk manayement tS5. Tnle welcotne the ECB'S inlxeased IDCUSOn embdded and ID conbnue a leadiry tounty. We are aayS Iking forways to do things moreeffecti¥ely and inpJt fr¢m any of wr st¥kehol(Èrs. 10-
GLOUCESTERSHIRE CRICKET FOUNDATION TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 ststemon¢ ofTrystsss r¢sponsibilits¢s Te Ttustees. who are asc Ihe directors ori>025terShye CrCke:F(rdakn for the purixise ol cowp3ny law. ar8 rbI for Fwaring tho TrJsiws RgpDrt and thD financ statts In rCe1th ap[1Cb law and Uniigd Kingijom Atcounting S"arards IUnrtÈd Kiryjom A(xpted ActsurtTrJ Praxtsl. Company I reouir8$ th& Trusiees io ptepare financial 51818nlS1 fan(la1 ye8rfiKkn gry8 a IDJe and fair vW of the state of avairs of tre FoundalKm and of the IOrnIng rerCesarnI applcabon Dt resources. iLling Ihe iTrcorne and expenditure, of Ihe chw11ab C(pany'Or Ihat year. In kYep¥in9 these fina481 stateNenls. itTwstees 8re wu1 to." - sdecl suitable accountiTrJ athy then apvy ttrerr corststeniy. - th5erve the eth(sand prin&e5 in the Carities SCRP." - I18keiudgemenis and esimatesth8t t reason8ble ahd p'vjent. - stal8 whether applirabk UKAcLounbrvJ SlaHlaTd5 haTr been folky. Subj to atry ralal departure5 disclosed and explained In Ihe fin8n¢o1 siaienwtts.. ar - Nepare Ihe financial stsienEnts cffj tts gory $1$ unw il Is Fl8PtYyate lo prewme Ihal the Foundalh)n 11 continue in operalion. Tw TN51ees are reSponsie for adeoJaie acc4Junbro recci¢s thai di%h)se reasonable accurdcy al any time the financ1 pog1 w ofthe Foun¢ab¢M) enatAe trem to trkAI Ihe finwoal sralerrents VAlh CompanE$ Acl 2m6. They are aso rewnsitle for sareward1 the assets ofthe FwtKlthn and for takfftg ieasonatAe steps for the prevent and delectK)n (Ahpr Irregu[kn. Audilor Ir accordaTrTr vmlh 1herAJrnlsartldes. a resdutK)n Froky9 IhateK14usknit LirnTbd be reappDinte41 as auditor ofthe company wl be pui to the AnrMj Ger Disclosureof infonnation to auditor Each oflhe Trusiees has Ihal the is no Infom1 ofv&hth tY We aw¥e is rdevant lo ihe audit. bul of which 8udit ts unw8re. TY have furth8r c¢nfinYd th81 eY ryave laken appro£maie sieps to Idfrnlify such levant kiformaliDn and to eSish Ihalthe 2uditN is awae of suth information. Thp Trustee5 rewrtwEs approved by the 803rd of Tree5. Ashdd Trustee 27 F8bru9ry 2026
GLOUCESTERSHIRE CRICKET FOUNDATION INDEPENDENT AUDITOlfS REPORT TO THE MEIABERS OF GLOUCESTERSHIRE CRICKET FOUNDATION lon We have aLKJrted the financ1 Slatemenls of &ouceslerthire ce1 FoutKlatLn1lhe'FoUaI10'] fly the year ended 3D Sppiotnb 2Q25 which compriso thg Slatqmt af fina4 acbvibBs. thB staiÉTrant of finGi?1 PD5ililln. statomBnlof 3sh flow5 note5 ID the financial slalptDents. dUd1ry sw-fftanl xxwntiry The financHI rep(xliDa fratnework that has been appled In ItrBir p[Frat is Lvw aDd Uniied Kit0 Ac(wnliTrJ Slandar(ts. Including FirkYal Reporting Slandard 102 The Fin3llU31 StanddappixaNe the UK ano Rep of Irelartdluniled Kingdom Generally ALrepted A(LountirvJ Pre). In r0EK, the StalPts". give a true and fair vi&Y ol the state ot ettritaLe ujrnpanls atrdirs as * 30 Sewerntsr 2025 arKI of its incoming re50urtEs and re)ur( Inthditwj 15 IAj[ne Èwervjtuie, frwthe year en£ed,. have tren prepaTgJ in acco[dan11h NAdoM GptTalfyf A(wted AuyJunlvvJ PractTr." have been in aGuwdarKxwith the requrementsof the COrnPan Act 2. Basi5 fDropinion We rxJndu¢iÈd aud¢ In accord wth InrrtKIaIS18a1tts Audthfvj IUKI IISA¥ {UKII apphcable law. Ouf 1È8FxxNblib&S md8r those siaTrlards e further deribed in trye Al110rs¥&lwhs forthe&uthtoflhe financ181 SlalFmtrnls dJon 0fr rep¢wt. WF artr Ie)nI ollhp Fou[KOn In £0[l¢e wib Ihe trthal rouirempnlE that relevant t¢ wr aLKlit ore fina101 stareThEnts in the UK. ind191 FRC'S Elhral Slandard. and we have fuylled wr other eLry& SponsIbl111S in 3ccordae wth these requi'ements. We b¥ thal the audit widen we haveoblain&J Is sufficient arKJ appropria'.e to provide 3 basB lo". ourop.twn. Conclusions lating to goin9 nCern lft èudrtiDg IhB financial siaietnÈDts. wp havÈ c¢tldedthèt ihe Tntstees use of tt)e C¢rtÈm bas of in tr& prEpara1 ol the [aal siaiwTr8nls r6 app818. Based on'.FE waTk we have perfoirTred. we ha¥e eIthe naleri4 Ulerta'.S [ati to events or conditiS that. diwdualy or cdlectivdy, Thay cast SW3n1rn1 doubl on the Four?.S lo continu2 as a wng CA)nrn tor a penod of al a51 Iwelve m(Yrths fr(xN when the fin3tKial staletnents are aulred10rissvp. r reSpOnbille5 ar the resrx)rtybiliknes olthe Trustee$4%ilh resw lo c<wm e descriw in Ihe re¥ant sections d this rep(wt. Olh•r Infomi8ll•n T other Irrforrnaln QJTDprises inforrnalKJn IrKIL in the anrwjal rppjqolher than the fi[wGl staiemBnts and Dur sudilorfs repcrt Iheyeon. The TrueS are resrA)nIe fu the otrÈr Infam1 cu)taAied within the annual report Our opiniw on the finanoal slaleynents does not Coverthe other rf(Hrvbon and. excepl lo the exlwl otrewse eXplicY stalg¢ our report. we dD not expre55 any fonn of a55uiaice co[u5 an tttetECfft. OLf tesnSibl1ty is to read the olher infotrnati( and, in doing so, ConSerWhelhe[ tre other1if0rrTra matenal i i()Stent wth Ihe f nancxal statements or our know9 obiaithd In Imvr$8 ofthB audiL ctr%Se 41)F8ts lo be mat81 misstsiBa. Ifwt id8niify Such maltrriai iiconwsien•es app1 trLenal mBstaiw(erits. we ¥e wuyed ¢erenThne fftltter IhL4 gi¥es rise a matsri mis51atenEnt In the finaFKial stalernents ttrwnselves 11. based on tre work have p¥fatmed. we cde that th¥e is tnalenal t4isslatetn9nt ofthis o'thei mfiwmalw. we a required lo report Ihal fact We hav& ndhiry rerK)rt In ths W. nl¢)n$ on other maners pres¢rlbed by ts Conwnles A¢t2006 lry our0). based rm thtr wo'k ufhyertaken In tre oftsji dit Ihe informab.on 9ven In the Trustees r4xKt for1hefaral year Ihe finanal Ststeenls are tKq)are(l. which includes the direGtor5' re prepared fDr the pUlse5 of ujmpY kw. Is cong5tl fjth kne Iinancial stateents. and Ihe drectors. reFX)rt Inckjthlwthin kne Tnjstees re[ has been preparetj In accordance *ith appIlble IBgal regulrnnIs. 12-
GLOUCESTERSHIRE CRICKET FOUNDATION INDEPENDENT AUDITOlfS REPORT (CONTINUED) TO THE MEIABERS OF GLOUCESTERSHIRE CRICKET FOUNDATION Ma¢¢ers ¢)n which w ar¢ to ropwt by $x¢eplion Ip the IvJhl of the knowedge and e[stdi o'the its yn7nrefjl Dbtained In the COLW5e ofthe audiL we have not tld matgria dirBci(xs' rep[1 Inc11d withir. thB TTUStBg5 fgpDrt. We have nfthin9 to report In respect ofttThY mattws in iel•)n Ccmnrrnes Act 26 wuires us to r8port lo ytyJ If. in our winw)n-. adequate recJ)rd5 have rh)tbeen kept. ty reLYn$JeqL48te aL¥Iit have (beeTh received from branches not visite(I by us. the fanCal stateents are 1 in agrrnent ¥thlhe Jhrj reuKds rettIn". or rtan discknsures of trJStees' rerNnelatN specfied by La¥Yare not m." or we heve n(rt ieceNed ali Iheinf(matth and epaiiws * r84uirÈ Irouraudit." Ihe Trus'.ees were not entitsed to prepare Ihe finatLial staiernents in a(yla the STnaIlct>paS tEgim8 and takp i(jvAntA. nf fhp. %mall (XjrnWS. PXPrnNkq wl P[PpAri thp. Trti4tpK rpart from". rpoilllP.mpnt r ewe 8 strateg¢ repo R88ponwbliti68 Of Trust••s AS exlainod mce ful y If'.he Stawn8 ofTrLtsle88 r&sponstAhb"es Paga 13. the Trues, 8r&also ihedireclors cl the FoUat for the pu'pose of company Law. a reSte [the pyaratK)n of trefinancial stateTents and for beinq Sa11ed Iha they gwe a true 2nd l•rvEW. and sh inlemal ntr¢I as the Tiustees delermire is nectssary lo enab the pr8paralK)n cf financial statetneits that are free from maeral ¥vhetherdJe lo fraud or error. In Pfepanng the finanual stalernents. TStse res[xMth a5)ej the FoUndaiX s ablity to ClInUe as 3 g(xng c(xKem. isdosing, as rnatters iel¥".ed lo wi19 and J¥r¥ Ihe 9rgo)M basis ¢f¥xwntiry unw the Trustees either intend b l¥wKtstfy It charrtable coryarty (Ytocease operJlior6. have w realistaN8fflat8 bul to so. AurJit17r's vpspoThsibiliqs foTthE auditof t1 financial 8lalqn (hJrobiecti¥es are lo obtain [eas(aLe aSsUw ate[the[WlCK statements as a wh(Ae afe free fvom material missiaterreni, whelherdue-.o Iraud oi err(. and Io is 8n 8Ltitorfs repM 1481 ife5 cur opiion Reasonab assur¥n P3 a high levgl ofasswdnce but ts not 3 gu¥188 that a11 accordae vAth ISAS IUKI wll al4¥ays delgct 2 material miSStstemÈnt when It exists. Misstamentsean arse triTh Ira oreiror and are Crjnsided rnaterial if, individually or In aggregate. thEy cwld re15(wwY be eXte(l tr> •ifiW ec(wThc ¢eTrsior6 oftysers taken on basis of these financial slatetnents. {ing lo the Inherent Iirnilations oran Sudrf. thee IS an unavaidabk risk ihat. de5rAte LS planning and pertornliry raudi1 In 8ccordancewilh auditing slandard5. ¢n8 ¢Y malenal WissatemwL% in Ihe Irk3noal 4aieff6nis m8y h8ve gone ndeteded Jy our audl. As with any audit. there 15 a hwji n5k tsl VreGuL¥S and fraudwl go Lndeteded %Yhere trÈy volve mattets sh as ThisrewesentaliDllS from TbatwnL co Iwon. cdibpraie otnissions and {Yrride of controls. It is nol Ihe rule Dflhe audikjr lo prevBni and we Canr be to delecievery $tance ofnon o)mk4ian( with 811 laws and regUlatnS. Ip klentifwng and asseww risks of matenal misslatpenI In respetl of Ieribes. fraud and nOnMpsnee with i¥As reyuiaiKJns. our pNKedures ifKJLKd the f1mir19. enquire5 of manag&ment a pre Meeti.. obt¥h))g and reviwrg supwb.rg drnntio7 of (Cerni Ihe Lw5 nd wuiql.ons 8prlic•Ye lo the buwness.. understanding how the corrpany Corr wlh its wjlal(xyfraTrw by Inan9 enquiries of managpmpnt conswJerin9 IheoJttLre inherent comp8nyd *theiW lh6 p'eSents a t%tture of Westy ar 8tIMcal b8hJvh)wwilh a stsorKJ of ¢ete£kn and preVenb offraud. 13-
GLOUCESTERSHIRE CRICKET FOUNDATION INDEPENDENT AUDITOlfS REPORT (CONTINUED) TO THE MEIABERS OF GLOUCESTERSHIRE CRICKET FOUNDATION We assessed the 5U5ceptibilify of the cottyaTrVs finaval 8tatsnknto material Ms1atnent and cOnred frd m¥ht c¢cur The audit kyoceduresperfonr irtjthled. bul were r1 Iiwiied to.. • chaIn91ng rnanagement assuwK)ns and eSMate%. identifying and teslvg N)LYnalentries". $S85s1ng huw t rtl8vanl aws reguJrve c(vnpied atvj any Instrancts of n¢n- compliarKe". re%rya¥ing the ffinaroal ststerneTrts forcrffiplkirKewith rv2ntAtcThtrO SIdards Bnd accounting gi81)n appli¢j to a W7all coftyny." COll5Klenng h(M IhosedTaW wrfh g)vefflarKE have the Wltyofn overrideof essenbal cMir(As orothti O¥ertrfin¢l rekKlirw) IxtrssÈs. In addition. we also COM(red other nDn.finarKial law5 relwdntio thecompany. These dD not nessarlY have a dI¢t Fifluence Ihe finantral slalemenis tsjl mohl affeca e¢0mpanY'S atslity lo(rale. A furtherdesGrptyon ofow reSn511eS is avai able the Finan(a RetxKtng C(x11.5 weIe a". https."IIwdwwfrc.tr9.ukl&rrnspIi( Ihis d8soipts fomE ptsfOL awJii¥rfs reptll. Use of report rw(Kt 15 tnade tothe charitable rrErrthr5. asa Imxty. in anTrwith Chapter 3 of Part 16 ofthe CoTnpaniesAcl 2006. Ou. aJdil wo'k has bpEn urthiaken 50 ltsal we Tnighl slate ID the Cha"flab s meTnbp the matters we are qJired lo 4¥.e to them in ai 8Yt¢r$ reportand noolw wrpose. To ts fullest e*t pemiil by L4w. we do not accept or aSsJll resp0rri3dity..0awr othe. than Ihe charitae ccrnpany the Charrtate coryany 5 berS as a tM)dy. (xjr art M)rk. fiKlhs reryrt orftKthe 0ixn5 we have fo[Th. 2 March 2026 og¢r Downos FCA ISeNor siawiory Audrtorl For and on behaw ol BK Plus Audit Lirnited Istathtory Auditor) Chartered Ceritified Accountants 6 Man(r Patk 8usnes5Centr Mackenzie Way Chdtenham Gloucestershire GL519TX Unrted rad¢M 14-
GLOUCESTERSHIRE CRICKET FOUNDATION STATEMENT OF FINANCIAL ACTIVMES INCLUDING INCOME AND EXPENDITUREACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2025 trirtsd Tvtal funds 2Q24 fund3 2024 2025 2025 2025 Notes In¢gmo from". Chartabk ¥bMties lllveslments 732 357 12.489 469.599 1.201.956 12.489 698.946 6.024 407,308 1.106.254 6.024 Totsl In¢om 744.846 469.599 1.214.445 704.970 407,308 1.112.278 Expenditure on". charIab bV@S 0th8r exp8rdilure 823.143 15.328 271.130 1.11X).273 IS.328 819.341 251.872 1.D11.213 10 Tvtsl •xynthtur• 838.471 277.1XJ 1.11S.601 819.341 251,872 1.071.213 Net Incornd¢expendlturel 193 6251 192.469 155,436 41.(65 Transfers b8rwe8n funds 185409 1185.4091 151.104 11S1.1041 t mov8m&nt In funds 91.784 36.733 4,332 41.C65 RecDnGiliation ul fund¥'. Fund balarKes al 1 0(knber 2024 41Y3.834 84.sn 488.411 367.101 80245 447.346 Fund balances al 30 September 2025 495.61B 91.637 587.255 4(13.834 84,577 488.411 $tai8rn8ntef fina¥81 a(thil18s Inckjdes all gains k)sses in the year. Wl irthme and eXpeIre derive continuing actr1$. noteson pages 18 to 29 fr oflhese ffinar#ial statements. 15-
GLOUCESTERSHIRE CRICKET FOUNDATION STATEMENT OF FINANCIAL POSMON AS A T 30 SEPTEMBER 2025 2025 2024 Fixed Bssel¥ langible assets 12 11.319 Cuwrent assets Debiors Cash at barth and 17 ha 13 85.673 611.344 97.243 469.821 697.017 567.064 Crtrditorn." amOLmS1¥lI1rtg wthin onè year 15 1109.7621 I,972) t ¢urrenl8ss•ts 587.255 477.(P32 Total asset5 less cuThent liabilit 587,255 488.411 Th• lunds ol tho Found4¥on Restricted it02 fijnd Unrestrithed funds 17 18 91,637 495.618 84.577 403.& 587.255 488.411 Thp noleson pages 18 10 29 ofthp5e ffinatK7al 5tatetnents. The finan¢l $lattnnts apwovtd bytr* Trust8es(¥) 27 Fthjary 2026 A Shidd Trusts8 16-
GLOUCESTERSHIRE CRICKET FOUNDATION STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 SEPTEMBER 2025 2025 2024 Cash flowsfrom opefig actltIeS 140.369 23,112 Invèsting aCtiviiio8 PLJrchase of tangle filed assets Investment racfjiv8d 17.wl 12.489 12.7541 6.024 Nat ¢a8h g•n•rnt•dfrom atliviti•s 3,270 Net cash generated from ffinanckng actSvllles Net in¢rea8e in cash )d cash e4UThfaleni8 144.874 26.2 Cash and ¢a$h equivalents ai WinniThJ ofyw 466.470 440.L ¢a8h and ¢a8h oquivderrts at ofyo 611.344 66.470 Relatp to,, Cash at barl( and hand Bank overdrdlls ied in creditor5 payatrAe within onèyèar 611.344 469.821 13,3511 Mieson pages 18 10 29 fomi p*1 tsftr ffinarvial siatem. 17-
GLOUCESTERSHIRE CRICKET FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
AtIng pol185
Charity inlormBtiD
Glwces'.ershre Cricket FOda1 6 a wvaie COTyany lifftw by arantee in EngL9T 8nd wa$. The
rtyistered offKX IS The County Gr(wJnd. N81 R. 8S7 9EJ. ErykrKI.
1.1 A¢counting ¢omt$nti
Tho financial s".aiomBnts ifb a(rdaThts7Ih Ihè FOda1.#
GLOUCESTERSHIRE CRICKET FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Accounting pol•e$ Icontinuedl .5 Tan9ible fixed a&•ets r(Klhis FiTranLaal Year, the FoUrtht ha5 Itten df fixed assets fdkn¥ing a Chan ¥NJliy asagreed by the FRAG Committeo. Prtvously. Tangle fiwj as$ mts3su ai£ost subs¥gu8ntly mèasurad at cost or¥aluabM. netefdepreuatw a1 any ImrnEnt k)ws. Deprealln was rCOgn so as tOVite oll theubstorvJuaton of assets loss 1r rsU31 values OVerthr L@ul Irrfe5 on the followiw bases.. Ctmnpulerequiprn 20% cD81 IndivvJu asset wrchase5 costhTrJ lessthan £1.IKQ arewritten off as exPeIlur9 ID Its year ofwu1sit. Crlil¢81 a¢¢ounibkwJ e8Wms and In applicalic ofihe Foundabonsx¢uniiNJ F<iThs, IfTwstees aTe requw8d to make juthjements. &Slimai&s and aSsumSavI Ihe arnowt classetsorf that Jre not rethlyappareThl trori other sourrLs. The eslimales and assotyad 8ssumptrÉ a bssed h6rtal ewierKe 8ndolherfadoTS tN31 are conSered to be relevant ACILFJ results rnay drf[ertr Ihe5e est1aleS. The astiwAtes and urwJerfwrKJ aSSLvnpkns ?• rev¥v8d an D8sis. R8yiswMs to actwnbng esLimat68 ar8 rectynised in tre pericQ in ¥Jhirn the esliffta B revisec W-e affects only Ihal pericrfl. or in the period ot U)e rlSon 8Y-Uture perK*Ys where the rwsiw affects bol- wryerl future periods. 19-
GLOUCESTERSHIRE CRICKET FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 kn¢om¢ from CntO a¢ts¥ibs R¢tricted Trtryl fur fund5 2025 2025 2025 2024 2024 coffle fv¢Jffl Charftablp Actlvlls SLbscriptwJns and SPOnSlX5P GYC and Indoorcrickel GCB Schods Ethcat Offer Grants All Stars in(x)me Kwck cricket Wi¢kotz in¢ome DalIty a1 olher Income 33.578 87.359 33.678 87.359 59.834 .371 59.834 106.LB1 15,720 54.748 378.554 S4.6S5 3228 54.748 736.7B4 54.655 3.228 72.170 17.928 392.349 30.369 5.328 17.92B 546.817 30.269 5.328 77.798 358230 254,468 72.170 77,798 39.199 108.195 51.139 52.016 9).751 59,322 111.338 50.751 Coach EdJcaih)n 51 139 732.351 469.S99 1201.956 698.946 407,308 1,106.254 Performance related anaW5 Gr¥nts 2025 Grnnts 2024 EnglwKt and WOes CrKketBoard Ch8nGP to Shine The ACE PrLwJramme Charity Chellenham Borough Caunril 4.918 169.626 68,39) 386.422 150.929 101.282 8.184 736.784 646.817 Comè from invosbntrthts UnrysiriGlpd Lkn51rlthd lunds 2Q25 Interest receNable 12.489 6.024
GLOUCESTERSHIRE CRICKET FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 ExPdItYr• on ¢h4ritsbl¢a¢ty¥ilios ¢haritsblE activitl•S Charitsble 2025 2024 Direct ¢ost8 StafF wsts Depreoaii¢>n Sndnes Compute. costs Websrte costs Cost of nieetngs Rent and olfiTr costs 577.933 3.975 7257 7.332 1.1 541.451 6.455 6.(ff49 T61 14.4 2279 10.207 2.841 1.397 3,775 4SO.746 12.)2 In5uranGe Tdephone PostJJ8 and stélionery of[e eqUipeni lease Bank charges Dirpcl Cricketin9C 14,703 413 2.3 2.921 463.618 1.D86.493 1.059.225 Shar¢ of support and go¥•rnance Gosts note £1 Govemarte 13.780 11.986 1.100.273 1,071.213 Analysis by fund utried fJnds Reslrcted funds 823.143 277.130 819.341 251.872 1.100.273 1,071.213 Suppc•t cost8 alhxated lo a¢ti¥6tfjes 2025 2024 13.780 Anatyfod bets¥eon'. Chantable activthes 13,780 11.988 21
GLOUCESTERSHIRE CRICKET FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Support costs alhxatpd lo activiti Icontinuedl 2025 2024 G(wOrrnCE Go•ts c¢Jmpwis0: Auditfee5 Non-audil fees ActanCY 5.333 2285 6.162 5.334 4.368 13.780 11.988 Net mvemoni kn fvNIs 2025 2024 Th& net mOvemtin funds IS stsied 8ftet (girylItsed1vy]'. F8&s payable lo Lhe Uarill$aI1er. - Ithe aJdil DI thE chalit5 fina[ aterents - rAher seN Depreciation of (hvned lan9¢lefrAed 8ssets Loss on ¢tsposal oftsrKj1b fixed 8ss8ts 5,333 2.285 3.975 15.328 5,S14 2.286 3.260 Tru8tsa8 None Oft Trustees lorwy connecw wth re(¥ve(J any rernun¥81ion or bffits fr(Th the FcxJn(JatK>n during thB year Employees The rn¢J)tNy rvJmber of duriNJ the year os'. 2025 Nufflber Numbev 57 35 EmploymentCLWS 2025 Wages and salarEs 577.933 541.451 The numberof etnFloyees anThJal TrunraL Vds mrB than t).C is as fol*.. 2025 Number Number £70.ODO loE80.<MM
GLOUCESTERSHIRE CRICKET FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Employees Icontinuedl Remuneration of key rnana9ement pr•onnel The retwneration of key Thanagement Wds asfolks". 2Q25 AggrEgaie 79.984 75.700 10 Other expenditure fvnds 2025 2024 Nel kwun disptEal gItIe ftyed ats 15.328 11 Taxation The ¢h8fity Is exerw fremtsxatity) cffj its acbvth&s because 811 iicome i88pt4Jfor dwt8ble PLryses 12 Tatr)glbl• flxod &98ets CompLrte Èquipm•nt At 1 Oaober 2024 AdditbJn5 Disp0545 18.186 126.1721 At 30 September2025 DoPr111Qn 8rn1 impoimwit At 1 October 2024 DeprEcialiDn charged In theyear Eliminated n resjecl of disFwls 6,Pffj9 3.975 11D.8441 At 30 September2025 Cang amoLmt At 30 September2025 AI 30SÈNembÈr2024 -23-
GLOUCESTERSHIRE CRICKET FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 13 Dgbtors 2025 2024 Arnounts falling duc within on¢ yew. Tiade debtLYS OthÈrdebto Prep8yments 8nd irw( 70,694 875 14.104 81.959 6.924 8.360 85.673 97.243 14 Loans and ovorthafts 2025 Z024 Bank o¥erdrdtts 3.351 Within ye8r 3.&1 15 Credltws.. amounts falllngduowithin year 2025 2024 Notes Bank Dverdrafts Other taKalK)n and socJai Deferred irKorne Tiade creditors OthBreredit¢S Accmals 14 3,351 13.019 2.928 16.135 16.648 37.893 15.681 933 30.356 20.7 41.993 16 109.762 89.972 -24-
GLOUCESTERSHIRE CRICKET FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 16 W•rrod 2025 2024 OthBrdefetred ItKuTre 933 2.926 2025 2tr24 Deferred income is nthdedwiknin.. Current IL8tAlities 933 2.926 Movewnls in the year.. Deferred incorne at 1 Oclotw 2024 2.926 1IS5.7071 153.714 3.2 1136,5781 135.fD2 Released frorn pre5 Fte$Wr deferr in the year Deferred inc(Nne at 30 S4)'.efftber 2025 933 2.926 -25-
GLOUCESTERSHIRE CRICKET FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 17 Rstrd041 fvnd¥ Th¢ retlncted fundsoflhe therity tsynprise th¢ ur¢xperhYed baL9n¢et¢WOtl$end hdd on trus1 subject to SP8ufic Condit$ 8$ to they rnay be . At 1 Octobv kn¢tyning Rosour¢•s Tr•nsfws At30 S•pt•mbBr 202S IncktsivèandJltttd&C1tht 276.316 1238.7051 145,25n 14,978 Cri¢k¢i 19.955 74.558 159,YJOI 14.164 of&Kkot 14.0571 14.6261 Pejple 1{.592 110.6941 IB3.5441 18.357 T9sInèrlSsafj a RaueatK)na Gaffle 14.728 21257 3.45] 12.5551 12.471 31.667 se(ArgeXAa1Viesar hr 10.410 8¢.57T 469.599 1277.1301 1185,4091 91.637 Pi•viou$ yoar". At 1 Octob•r 2023 knt(Mning Roswr¢•s Trnnsf8fS At30 September 2024 KloCnck¢tAw%td¢ 245.456 152.058 1189.4031 153.5751 133.4291 197.3531 110,0411 111.7031 5,0 13.5781 22.624 6.3 PliGpalion Patrmay 4.873 10.041 w(r ODwlopmet Workforc& 47.658 35.9J5 19.955 14.956 2.678 18.8941 8024S 407.308 1251.8721 115- 1041 84.577 In thp 2023124 financial year. tharityw&4 in the al yearof its wev5 EC8 fU1[j cyde. delemined thE pnty iewrtirKJ s¢nJ¢bJre and des¢riDiKMts for res".li¢ted aThY urnesiri¢ted fur$ Tre W?4125 finarKql statements represent the fit5L year of a newf[-Ya ECB fwdit¥J G)th. as pariofwhK we ill be managing repDrtsng our finartrs under iew funding pilLars To rtha cL3rity and streamline r8kuhrvJ. we have therefore alWJ[d the esentati of iestricted and unrestricted fundsw".h trSe rw fundin9 pllars. Th$ Crje ensl$ t¢$er the Lpthied ndIn> framewfjk. fatilitabrg better trartsparenty ar¥J LJmparabdity. Ntsts adjL*twts io undtrtyiNJ fund baLances have been rna(k.
GLOUCESTERSHIRE CRICKET FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 17 Restricted fund5 Icontinuedl Th¢ r¢slncted funds•re tn respect of supprrt ¢ommunltls through dlv¢w. In¢lusfv and a5$1111¢ ¢rkkrt We ale commiyed lo bringing crithel lo as F?0e a5 Pussie. suFp(rtng OUraLI1vjll lo (rHke cric£el the tnoBt Inclu&ve learn wrt in Gltershire Desyte rrfsevefa nemMLrify FKogran)mes. we know there's lo do. CLwnrnunilEs'efflain urhJer5wved Ac¢derato changg in Wrmmn's and Girls. uickni The women's and gid$' gam8 has con a wty in the L391 low yeays. Yolcvnng gnIan1 8mbilion aThJ invÈstrnenl frorn b natonal gaveming brmty. alcrg With,ocaised delwery across (nbe5. In 2019. there were 36 clLbs with Women's andlor&r15 sectifjns By 2024. this nurrKkr Inue3se(J lo fa 136%). shovAtvJ a brillwnt ns8 in the nurt)er otour dubs Invest[ In IhisexcitrvJ patof gwr£. Vvhle ¢t1ng knatwD ve31read¥ reached. recognise ihÈrE IS Sthll much moTe rt¥)m forgtrjwth. d we y9nthLani pkns ts in(Èase a(X1ty further Over thÉ nÈxl knjr yfars. Deliver social impactthrough the prymer of cricket Crithel is uniqudy aCed lo ng communthes togetr. irtstire lrfel(xvJ lrietKlship& iTrwove wtAe's phwcal health, Suprth POSdbve menial wellbeing ar dehver f4)cal This Pil&r ofour stsaw al$ usio wt our words into aclDn and imLYorfe lives through rrt)wer of crtht" Engage more children and young people M(Ke Child are COMI In".othe game than everbelore. jh5 kngetyto txjlh thp Nthnal J[aTM& of All Slars and Dynamos and the bth ofTie HUrVJrJ. These iniJaives have me [81$ liset a great and axessible game li Is lor young twle.aw how ilcan hdp ern ceve opso rnY Ille thls. In GlOucesteTshi. we See It as our umbpr pnotity to eTrwwerdub5 arKI cixnryxmrty sehrKJS to Offe[a dehverinsixrir¥J opporiunities for young peopia. $0 Tnorethildren can say Ihai-ryKkel k5 a gaTr for me" Devdop a thrivNig, sustaimable, safvand inclusive vvcvvaiona gamè Supportrg (0tershire dubs and 3ue9-.o th've s the Jue arttEal ol ourWck. Helpiry our thbs and league5 to Ihrwe e of iyjr (xxe roie5. By ofknrrfJ tne nghl bleyd of ¥Aèwng forrnats. volunteer support ènd good laGlil18s. Elub Grirkel wab5 U5 to tvdEh auth[ aTrJ retsi Ftsygt3 Supwrharge Qurartities and irnpxt The F0Lrd3tn S bythe ECB aSa.ad1r oryarysatioTr' in 6 area5 of thp game rnDre Ihan any otherixjunty in the ctuniry- ar 're r[entlY wtrkirwj towath being fst County kn be tyA&ac(yedded for 9ovemance. But to deler the objecb"v8S Ihal w&Tr have s81 wr$88$. n?14 years. we to ensure Ihe FouThJ8bon ¢onbnua$ lo b¢ 5tnJcturJly. finanryrjly and cutturalty tscl up to a¢¢¢¢ Bul1 w ourwxc5S¢5, trc Foundal.on cortinucs lo s¢c signifKanl rwm (or 1rnproven'. ifwe're to Cret ioeven ne per¥Ae Sothis part ol the strategy 6 8118tthl en5n9 we re sel up for SUJInae gro*th.
GLOUCESTERSHIRE CRICKET FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS IcopillNUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
16 Unres¢ri¢tod fvnds
Th¢ Lr(e8lricl¢d funds chorty¢¢nwse te uncxpcY bal?ncesoldonatiofis gronts which orc rol 3ubiecl
to sFwfic condi10 by Or$ and tyant0 as t¢ Ilw These itxjude designaW funds which h8¥8
been Set askle of unreskncted fu15 by Ihe trustee5 tor PUTrA75es.
At 1 October kncoming Resource5
2024
Transfers
At30
SoptembBT 2025
Gene funds
403.834
744.846
1838.4T11
I85,4j
495.618
Pvevious year..
Transfers
At30
S•F
GLOUCESTERSHIRE CRICKET FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 20 Opor4¢ing 104sg¢rJrnrni¢rngnts Lessee Al the rep(Ktsry de Ihe FourKlalKn hJl wtstsnding wnmitrnents lre rrinirwm lease paymenLs un(Èr notKancellableopwalitvJ kases. fall due a5 fDIuws". 2025 2024 Wthin one year Between two and five ye¥s 3.669 305 3.116 3.974 3.116 21 Rat0 party tran5actiOnS ThÈrÈ were discknsaf)lÈ Mpd Party thÈ 12024- TKXEI. 22 Cash generated frorn opevJtK 2025 2024 Surplus year 98.844 41.(5 Investrnenl Incorne recognised In slalemenl of financi4 ti¥leS Loss on disposal of tsnglb tixed assets Depreciation and iffpairrnent of tawle fixed assets 112.4891 15.328 3.975 16,0241 3.260 lovements in wryking ¢awlal: Decrease In debtors ITKreasel(derEe) in (xedl(x5 (Decreasel In deferred IrME 11.570 25,134 11.9331 4.410 18,6231 19761 Cash generated from operati 140.369 23.112
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