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2024-10-31-accounts

WOODHOUSE GRANGE CRICKET CLUB

A company limited by guarantee and a registered charity

ANNUAL REPORT AND FINANCIAL STATEMENTS

for the year ended 31 October 2023

UNAUDITED

Company Number: 12018060 Charity number 1197615

HPH Chartered Accountants 54 Bootham YORK YO30 7XZ

WOODHOUSE GRANGE CRICKET CLUB TRUSTEES’ REPORT FOR THE YEAR ENDED 31 OCTOBER 2023

The Directors (who are also the Trustees of the Charitable Company and whose details are shown in the reference and administrative section of this report) are pleased to present their Annual Report together with the Financial Statements of the Charitable Company for the year ended 31st October 2023.

The Financial Statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1st January 2019).

The Charitable Company is a Public Benefit Entity.

Objectives and Activities

Woodhouse Grange Cricket Club has a mission to promote and play cricket in the local community in and around East and North Yorkshire based on Woodhouse Grange Cricket Club playing fields.

The charity’s objectives are the promotion of community participation in healthy recreation for the benefit of the inhabitants of North and East Yorkshire by the provision of facilities for playing cricket.

Achievements and Performance

Woodhouse Grange Cricket Club continued to provide the management, facilities, coaching and administration to maintain 4 Senior League, 5 Junior Aged Group, 2 midweek and 1 over 50’s teams. The main achievements during the financial year ended 31 October 2023 are listed below:

1

WOODHOUSE GRANGE CRICKET CLUB TRUSTEES’ REPORT FOR THE YEAR ENDED 31 OCTOBER 2023

Financial Review

The Charitable Company has been able to fulfil all its commitments and submits a satisfactory financial report. The Charitable Company was funded through Bar & Event sales, membership subscription and sponsorship, this totalled £241,380.

Woodhouse Grange Cricket Club is a small Charitable Company that relies on the support of local residents, organisations, and our individual donors, we are very grateful for their loyalty and continued support.

Fixed assets

Land and buildings and contents at the cricket club playing fields, Sandhill Lane, Sutton upon Derwent, which were held as custodian trustees during the financial year ended 31 October 2023.

Income

The 2023 season income has suffered due partly to the number of matchdays lost to the poor weather and the fact that the club did not host the number of regional finals as the previous years. Consequently, the bar profits are significantly lower, albeit still being hugely successful compared with most previous years.

There were good profits from the March Beer Festival Event with further seasons highlights being the inaugural Wine Testing Event, T20 Sponsors Day, a very successful Golf Day, Ebor Draw & Junior Presentation Evening.

There was also record Sponsorship income with virtually all senior players each finding a sponsor, and also success in finding additional corporate and kit sponsors.

Expenditure

The significant accounting cost of depreciation reflects the season’s investment in all the new ground equipment, as noted in the large fixed asset additions figure.

As expected due to the crisis in the world energy markets the electricity costs have increased considerably.

2

WOODHOUSE GRANGE CRICKET CLUB TRUSTEES’ REPORT FOR THE YEAR ENDED 31 OCTOBER 2023

Reference and Administrative details

Reference and Administrative details Reference and Administrative details
A Registered Charity – number 1197615
A Company Limited by Guarantee – number 12018060
Register Name: Woodhouse Grange Cricket Club
Working Name: Woodhouse Grange Cricket Club
Registered Office: Woodhouse Grange Cricket Club
Sutton upon Derwent
YORK
YO41 4DF
Operational Address: Woodhouse Grange Cricket Club
Sutton upon Derwent
YORK
YO41 4DF
Directors and Trustees: Martin John smith (Chair)
Jacqueline Mary Ainley
Rebecca Elizebeth Ainley - Appointed 1 February 2024
Antony James Allison
Simon Ronald Baty
Michelle Jane Burdett - Appointed 1 February 2024
Stephen David Burdett
David James Shanks - Appointed 1 February 2024
David John Farmer - Resigned 1 February 2024
Nicholas Edward Hobson - Resigned 1 February 2024
Bankers: Barclays, Barclays Leicester, LE87 2BB
Solicitors: Harrowells Solicitors, Moorgate House, Clifton Moorgate, YORK, YO30 4WY
Independent Examiner: Sarah Wearing, HPH Chartered Accountants, 54 Bootham, YORK, YO30 7XZ

3

WOODHOUSE GRANGE CRICKET CLUB TRUSTEES’ REPORT FOR THE YEAR ENDED 31 OCTOBER 2023

Structure, Governance and Management

The Charitable Company is limited by guarantee and itself and its officers are governed by the Memorandum and Articles of Association dated 25 May 2019 as amended by special resolution registered at Companies House on 11 January 2022. In the event of the Company being wound up members are required to contribute an amount not exceeding £1.

Members of the Board

Members of the Board, who are directors for the purpose of company law and trustees for the purpose of Charity law, who served during the year and up to the date of this report are set out on page 3 of this report.

Recruitment and Appointment of Board

New Directors/Trustees are elected by the Board of Directors of the company.

Training of Directors/Trustees

All Trustees are expected to be familiar with the objectives of the Charitable Company, the practical work of the Charitable Company, the financial position of the Charitable Company and the obligations of Trustees.

Trustees are appointed based on their experience in other fields and their commitment to the objectives of the Charitable Company. New Trustees are familiarised with the work of the organisation. They are also provided with information on their obligations as Charitable Company Trustees. All Trustees meet the expectations outlined above.

Risk Management

The Trustees have conducted a comprehensive risk management review; examining the principal areas of the Charitable Company’s operations and consider the major risk is the bad weather interrupting the season.

Investment Policy

Under the Memorandum and Articles of Association, the Charitable Company has the power to make any investments which the Trustees see fit.

Woodhouse Grange Cricket Club’s main investment policy is to invest wherever needed in order to keep up the quality of the facilities of the club.

4

WOODHOUSE GRANGE CRICKET CLUB TRUSTEES’ REPORT FOR THE YEAR ENDED 31 OCTOBER 2023

Reserves Policy

The Board has reviewed its reserves policy and has examined the Charitable Company’s requirements for reserves in the light of the main risks to the organisation.

The reserves comprise the assets of the club needed to enable it to meet its charitable objectives. Unrestricted funds totalling £130,942 were held at the end of the year.

Responsibilities of the Board

Company and Charity law require the directors and trustees respectively to prepare financial statements which give a true and fair view of the Charitable Company's state of affairs at the end of the year and of its financial activities for that year.

In preparing those financial statements the directors and trustees are required to:

The Directors and Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charitable Company and to enable them to ensure that the financial statements comply with the Companies Act 2006 and applicable Charity law.

They are also responsible for safeguarding the assets of the Charitable Company and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities.

Independent Examiner

S B Wearing of HPH, Chartered Accountants was appointed as the Charitable Company’s Independent Examiner during the year.

Exemption

This report has been prepared in accordance with the small companies’ regime under the Companies Act 2006.

Approved by the Board on the 15 July 2024 and signed on its behalf by:

Mr Martin Smith

Director and Trustee

5

INDEPENDENT EXAMINER’ REPORT TO THE TRUSTEES OF WOODHOUSE GRANGE CRICKET CLUB

I report to the charity trustees on my examination of the accounts of Woodhouse Grange Cricket Club for the year ended 31 October 2023.

This report is made solely to the charitable company’s trustees, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and the charitable company’s trustees as a body in accordance with section 154 of the Charities Act 2011. My independent examiner’s work has been undertaken so that I might state to the charitable company’s trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charitable company, the charitable company’s members as a body and the charitable company’s trustees as a body for my independent examiner’s work, for this report, or for the opinions I have formed.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

I have no concerns 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.

Sarah Wearing, FCA, DChA HPH, Chartered Accountants 54 Bootham, YORK, YO30 7XZ

15 July 2024

6

WOODHOUSE GRANGE CRICKET CLUB

STATEMENT OF FINANCIAL ACTIVITIES AND INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 OCTOBER 2023

Note
Income and endowments from:
Donations and legacies
3
Other trading activities
4
Investment income
5
Other income
6
Total
Expenditure on:
Charitable activities
7 - 9
Total
Net income
Transfers between funds
14
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Unrestricted
Funds
£
151,449
88,864
67
-
Restricted
Funds
£
-
-
-
1,000
Total
2023
£
151,449
88,864
67
1,000
240,380 1,000 241,380
110,438 - 110,438
110,438 - 110,438
129,942
1,000
1,000
(1,000)
130,942
-
130,942
-
-
-
130,942
-
£ 130,942 -
£
£ 130,942

The notes on pages 9 to 15 form part of these financial statements.

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

7

WOODHOUSE GRANGE CRICKET CLUB

BALANCE SHEET

AS AT 31 OCTOBER 2023

Company Number: 12018060

Note
Fixed assets:
Land
10
Building
10
Equipment
10
Total fixed assets
Current assets:
Stock
Cash at bank and in hand
Total current assets
Liabilities:
Creditors: amounts falling due
within one year
11
Net current assets
Total net assets
The funds of the charity:
Unrestricted funds
12 - 13
Total charity funds
£
£
70,000
5,454
46,945
122,399
682
13,081
13,763
(5,220)
8,543
£ 130,942
130,942
£ 130,942
2023
£
£
70,000
5,454
46,945
122,399
682
13,081
13,763
(5,220)
8,543
£ 130,942
130,942
£ 130,942
2023
682
13,081
13,763
(5,220)
£ 130,942
130,942
£ 130,942

In the directors' and trustees' opinion the Charitable Company was entitled under section 477 of the Companies Act 2006 ('the Act') to exemption from the audit of its financial statements for the year ended 31 October 2023. No notice from members requiring an audit has been deposited under section 476 of the Act in relation to its financial statements for the financial period. The directors and trustees are responsible for ensuring that the Charitable Company keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the Charitable Company as at the end of each financial period and of its income and expenditure for each period in accordance with the requirements of sections 394 and 395 of the Act and which otherwise comply with its requirements, so far as applicable to the Charitable Company.

The financial statements have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to small companies.

Approved by the Board on 15 July 2024 and signed on its behalf by:

Martin Smith Director and Trustee

The notes on pages 9 to 15 form part of these financial statements.

8

WOODHOUSE GRANGE CRICKET CLUB

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

1. ACCOUNTING POLICIES

a) Legal Entity

Woodhouse Grange Cricket Club is regulated by the Charities Commission (1197615), limited by guarantee and is registered in England and Wales. The address of the registered office and principal place of business is Woodhouse Grange Cricket Club, Sutton-on-Derwent, YORK, YO41 4DF.

In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.

b) Basis of Preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic or Ireland (FRS 102) (effective 1 January 2019) - (Charites SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006.

Woodhouse Grange Cricket Club meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

c) Preparation of the accounts on a going concern basis

The directors have considered the cash requirements beyond 12 months from the date of approval of the accounts and have a reasonable expectation that the Charitable Company has adequate resources to continue in operational existence for the foreseeable future. They continue to beleive that the going concern basis of accounting is appropriate in preparing the annual financial statements.

d) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Grant income from government and public bodies, whether ‘capital’ grants or ‘revenue’ grants, and matched funding, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income from donations and fundraising is included in the period in which it is received.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

e) Fund Accounting

Unrestricted funds are funds which can be used in accordance with the charitable objects at the discretion of the directors/trustees.

Restricted funds are funds which are subject to specific trusts, either declared by the donor when making the donation or grant conditions, or accepted by the donor in responding to a specific appeal.

9

WOODHOUSE GRANGE CRICKET CLUB

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED

FOR THE YEAR ENDED 31 OCTOBER 2023

1. ACCOUNTING POLICIES (continued)

f) Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Expenditure on charitable activities relates to activities undertaken to further the purposes of the charity and includes their associated support costs.

Support costs include central functions and governance costs, and have been allocated to activities on a basis consistent with the use of those resources, e.g. allocation of staff costs by time spent and other costs by their usage. Governance costs include those incurred in the governance of the charitable company and its assets and primarily associated with constitutional and statutory requirements.

g) Tangible Fixed Assets

Tangible fixed assets are included in the financial statements at their historical cost (in the case of donated assets, at their fair value at the date of acquisition).

No depreciation on the freehold land.

Depreciation is provided at the following annual rate in order to write off each asset over its estimated useful life:

Building - 2% straight line Equipment - 20% reducing balance

h) Stock

Stock is stated at the lower of cost and net realisable value.

i) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

j) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

k) Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

l) Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2. LIABILITY OF MEMBERS

Woodhouse Grange Cricket Club is a company limited by guarantee. The liability of each member is limited to a sum not exceeding £1.

10

WOODHOUSE GRANGE CRICKET CLUB

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED

FOR THE YEAR ENDED 31 OCTOBER 2023

3. DONATIONS AND LEGACIES

DONATIONS AND LEGACIES
Donations from the 'Club'
VP Donations
Unrestricted
Funds
£
300
151,149
Restricted
Total
Funds
2023
£
£
-
300
-
151,149
£ -
£ 151,449
£ 151,449

4. INCOME FROM OTHER TRADING ACTIVITIES

Other activities
Sponsorships
Subscriptions
INVESTMENT INCOME
Bank interest receivable
OTHER INCOME
Dogger Bank Wind Farm Grant
Unrestricted
Funds
£
54,224
24,715
9,925
Restricted
Funds
£
-
-
-
Total
2023
£
54,224
24,715
9,925
£ 88,864 £ - £ 88,864
Unrestricted
Funds
£
67
Restricted
Funds
£
-
Total
2023
£
67
£ 67 £ - £ 67
Unrestricted
Funds
£
-
Restricted
Funds
£
1,000
Total
2023
£
1,000
£ - £ 1,000 £ 1,000

5. INVESTMENT INCOME

6. OTHER INCOME

11

WOODHOUSE GRANGE CRICKET CLUB

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED

FOR THE YEAR ENDED 31 OCTOBER 2023

7. STAFF COSTS AND TRUSTEES' REMUNERATION

STAFF COSTS AND TRUSTEES' REMUNERATION
Wages and salaries
The average monthly number of employees for the year was as follows:
Management and administration
During the year no employees were paid emoluments amounting to £60,000 or more.
Total
2023
£
6,106
£ 6,106
2

No remuneration was paid to any of the Trustees. 2 trustees were reimbursed sundry expenses in the year of £331.

The key management personnel of the charity comprise the trustees. The total employee benefits (including employer's pension and National Insurance contributions) of the key management personnel were £nil.

12

WOODHOUSE GRANGE CRICKET CLUB

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED

FOR THE YEAR ENDED 31 OCTOBER 2023

8. TOTAL EXPENDITURE
Costs directly allocated to charitable activities
Cricket training and matches
Physio / coaching / honoraria payments
Support costs allocated to charitable activities
Bar expenses
Depreciation
Event expenses
Insurance
Light and heat
Petrol and oil
Rates and water
Repairs and maintenance
Secretary
Sponsors
Staff salary
Sundry expenses
Telephone
Treasurer
Waste management
Accountancy
Loss on disposal of fixed assets
Total expenditure
Unrestricted
Funds
£
29,431
8,103
20,399
11,847
7,252
2,230
4,080
513
459
13,117
159
2,253
6,106
631
686
172
404
1,800
796
Restricted
Total
Funds
2023
£
£
-
29,431
-
8,103
-
20,399
-
11,847
-
7,252
-
2,230
-
4,080
-
513
-
459
-
13,117
-
159
-
2,253
-
6,106
-
631
-
686
-
172
-
404
-
1,800
-
796
£ -
£ 110,438
£ 110,438

9. GOVERNANCE COSTS

Governance costs included in total expenditure above are made up as follows:

Governance costs included in total expenditure above are made up as follows:
Independent examiner's fees Total
2023
£
1,800
£ 1,800

13

WOODHOUSE GRANGE CRICKET CLUB

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED

FOR THE YEAR ENDED 31 OCTOBER 2023

10. TANGIBLE FIXED ASSETS

Cost or valuation
Donated from the 'Club'
Additions in year
Disposals in year
At 31 October 2023
Depreciation
Donated from the 'Club'
Charge for year
Disposal in year
At 31 October 2023
Net book value
At 31 October 2023
Land
£
70,000
-
-
Building
£
5,565
-
-
Equipment
£
54,596
24,786
(2,025)
Total
£
130,161
24,786
2,025
-
£ 70,000 £ 5,565 £ 77,357 £ 152,922
-
-
-
-
111
-
19,405
11,736
(729)
19,405
11,847
(729)
£ - £ 111 £ 30,412 £ 30,523
£ 70,000 £ 5,454 £ 46,945 £ 122,399

All fixed assets are used in the furtherance of the Charity's objectives.

11. CREDITORS: amounts falling due within one year

Trade creditors
Deferred income
Accruals
Other creditors
Deferred income - Monies received in advance
Amount deferred in the year
Unrestricted
Funds
£
1,720
1,200
1,800
500
Restricted
Funds
£
-
-
-
-
Total
2023
£
1,720
1,200
1,800
500
£ 5,220 £ - £ 5,220
1,200 - 1,200
£ 1,200 £ - £ 1,200

At the balance sheet date the Charitable Company was holding funds received in advance of providing children's shirts, which will be fully released in the following financial year.

12. UNRESTRICTED FUNDS

Income
Expenditure
Transfers
received
In/(out)
£
£
£
General funds
240,380
(110,438)
1,000
Total:
Balance c/f at
31/10/2023
£
130,942
£ 130,942

14

WOODHOUSE GRANGE CRICKET CLUB

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED

FOR THE YEAR ENDED 31 OCTOBER 2023

13. RESTRICTED FUNDS

Income
Expenditure
Transfers
received
In/(out)
£
£
£
Restricted funds
Dogger Bank Wind Farm Grant
1,000
(1,000)
Balance c/f at
31/10/2023
£
-
£ -

Dogger Bank Wind Farm Grant : Money received from Dogger Bank Wind Farm to purchase a marquee to expand Woodhouse Grange Cricket Club's facility space and expand its offering to attract new memebers.

The transfers from restricted funds to unrestricted funds during the year relate to restricted funds being released once the marquee has been purchased.

14. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Unrestricted funds Fixed
assets
£
122,399
Current
assets
£
13,763
Current
liabilities
£
(5,220)
Total
2023
£
130,942
£ 122,399 £ 13,763 £ (5,220) £ 130,942

15. RELATED PARTIES

There were no related party transactions.

16. TAX STATUS

As a registered charity, Woodhouse Grange Cricket Club is exempt from the payment of income and corporation tax on its income falling within sections 466 to 493 of the Corporation Tax Act 2010.

15