Docusign EnvelopÈ ID". CDC803FO-0744-47D9-8BD7-8B8E8154A7F6 Reglstered number: 08081630 Charity number.. 1197703 WORCESTERSHIRE CRICKET FOUNDATION (A COMPANY LIMITED BY GUARANTEE} UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 ishop Fleming
Docusign EnvelopÈ ID". CDC803FO-0744-47D9-8BD7-8B8E8154A7F6 WORCESTERSHIRE CRICKET FOUNDATION IA COMPANY LIMITED BY GUARANTEE) CONTENTS Page Reference and Administratlve Dètails of the Companyg its Trustees and Advlsers Trustees. Report Independent Examinerfs Report Statement of Financial Activities Balanco Sheet Statement of Cash Flows 10 Notes to the Flnanclal Statements 11-20
Docusign EnvelopÈ ID". CDC803FO-0744-47D9-8BD7-8B8E8154A7F6 WORCESTERSHIRE CRICKET FOUNDATION IA COMPANY LIMITED BY GUARANTEEI REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2025 Trustees J Seabrook, Chair (resigned 31 March 20251 D Prakash Iresigned 31 March 2025) S Glarvey, Chair A-M Konslanlinides (resigned 31 March 2Q25) P Dawson W Harris R Heywood P Husbands J Landau Iresigned 10 November 2025) H Saunders S Slevin M Chappell (appointed 20 November 20251 S Singh lappoinled 1 September 20251 Company registered number 08081630 Charity reglstered number 1197703 Registèr8d office 1-3 College Yard Worcester WR12LB Executlve Offlcer Harry Kitchen Independent Examiners Bishop Fleming Audit Limited Chartered A¢¢ountanls 1-3 College Yard Worcester WR12LB Page 1
Docusign EnvelopÈ ID". CDC803FO-0744-47D9-8BD7-8B8E8154A7F6 WORCESTERSHIRE CRICKET FOUNDATION IA COMPANY LIMITED BY GUARANTEEI TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 The Company was incorporated on 24 May 2012 and registered wlh the Charity Commission on 28 January 2022. The Trustees present their annual report together with the financial statements of the Company for the ended 31 Dember 2025. The Annual Report serves the purposes of both a Trusle&s' Report and a Directors, Report under Company law. The Trustees conliim that Ihe Annual Report and financial statements of the charitable company comply with the CLJrrenl slalulory requirements, the requirements of the charilable ¢ompanWs governing document and the provisions of the Slalemenl of Re¢ommended Piaclice {SORPI applicable lo ¢harities preparing their accounts in ac¢ordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) leffeclive 1 January 20191. Since the Company qualbfies as small under section 382 of the Companies Act 2006, the Strategic Report required of medium and large companies under the Companies Act 2006 Islralegi¢ Report and Directors. Report) Regulations 2013 has been omilled. OBJECTIVES AND ACTIVITIES a. Policies and objectlves The Companvs interests are of social welfare with the object of improving the conditions of life of people for whom the f8cililies and activities are primarily intended. lo organise, proVe or assist with provision ol activities and facilities for healthy recreation, especially bul not exclusively by playing or otherwise participating in the game of cricket and ciickel related aclivilies. In selling objectives and planning for a¢livities, the Trustees have given due consideration lo general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benelil,. running a charity IPB21'. b. Strategies for achleving oblectlves In ensuring the objectives aTe mel, the Trustees operate a rigorous process of largel selling. The financial budget focuses on set targets for each progTamme against the overall strategy. c. A¢tivities undèrtaken to achlevè oblectlves The Trustees maintain ongoing tracking of progress towards targets, which a reviewed according lo an annual programme of scrutiny and review. d. Main activities undertaken to further the Company's purposes for the public benefit The Trustees have given regard to the legislative and regulatory requiromenls for disclosing how the Company's objectives 18s sel out in ils governing document) have provided benefit to the public. The Trustees have complied wlh the duly sel out in Section 4 of the Charities Act 2011. This report outlines how the Company's achievements during 2025 have benefited the public, either diredly or indirectly. Page 2
Docusign EnvelopÈ ID". CDC803FO-0744-47D9-8BD7-8B8E8154A7F6 WORCESTERSHIRE CRICKET FOUNDATION IA COMPANY LIMITED BY GUARANTEEI TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 ACHIEVEMENTS AND PERFORMANCE a. Main achievements of the Company 2025 was another exciting and aclion-packed yeai, wilh over 36,500 participants taking part across both our participation and growth and community programmes. WCF saw a record-breaking year, engaging 36.716 people across Worcestershire and Dudley through cricket inilialives. Key achievements include investing £72,450 in local club facilities, hosting a 130-participant walking cricket feslival, and launching a Women's & Girls, Awards Evening. The development of our business has again seen our executive team grow lo a team of 19, with an overall average workforce of 30 employees. We would like lo thank all of our staff for their posilivily. passion and ¢ommilmenl lo ensuring cri¢ket for all. b. Review of activities Club Su ort In 2025, £72,450 awarded through the ECB County Grants Scheme lo 12 clubs, helping drive facility improvements. A lolal of 33 clubs a¢hi&ved ECB Club Accredited slalus, reflecting growing slandards acTOSS tha network. The team delivered 100+ club support wsits, providing hands-on guidance throughout the year. Engagement remaintrd high, with 64 primary affiliated clubs and an impressive 520 club volunteers taking part in the Get Sel Weekend, showcasing the great woik volunteers in our game do. C1 etilions The 2025 season showed strong and growing participation across both outdoor and indoor cricket. Outdoor ¢ompeliltons feature 61 Clubs, with 161 softball and 465 hardball entries. generating an impressive 1,841 fixtures. The game remains vibrant, with 107 Junior County League teams and 35 junior competitions, supported by 9 cup competitions and 8 women's divisions. Overall, outdoor formals engaged 3,302 players. Indoor cricket continues lo offer valuable winter plaw'ng opportunities, with 9 indoor leagues involving 54 junior teams and 13 women's teams. Education In 2025 the programme delivered a strong year of coach and official development, with 27 courses run and 30 fully funded places provided. A total of 44 ECB Core Coaches and 36 ECB Foundation Coaches were trained, including 22 newly qualified female coaches. In addition, £5,100 in bursary funding supported learners, progSSion. The newly launched Introduction lo Umpiring & Scoring course saw impressive uptake, allracling 120 participants. Women and Girls Women's and gi$, cricket ¢onlintJes lo grow slrongly, with 1,546 lolal female participants acTOS5 programmes and Competitions. The p18ying base includes 44 junior girls. teams and 41 women's teams, sUPPOrted by 23 clubs with girfs, sections and 29 with women's sections. Both participation and competitive competitions activity increased, delivering 310 lixlures. alongside 7 softball ¢ri¢ket festivals and 175 MEGAfesl participants. Development pathways are slrenglhening toc>, with 87 players Iransilioning into hardball cricket, and 20 indoor wornen's & girls, team entries ensuring year-round playing opportunities. NalK)nal Pro rammes National participation remained exceptionally strong, with 2,928 lolal participants engaged 8¢ross All Stars and Dynamos. This included 2,008 All Stars and 920 Dynamos. supported by 1,025 bursary-funded places that widened access for commLJnily. Female engagement continues lo rise, with 1,033 girls involved across programmes. To ensure high-qualily delivery, 30 new Activators were trained, contributing lo the 133 total courses delivered throughout the year. School Delive Schools engagement remained a major strength of WCF, reaching wide numbers and providing meaningful cricket experiences. A lolal of 18,260+ children were invofved across school programmes, including 1.500 pupils Page 3
Docusign EnvelopÈ ID". CDC803FO-0744-47D9-8BD7-8B8E8154A7F6 WORCESTERSHIRE CRICKET FOUNDATION IA COMPANY LIMITED BY GUARANTEEI TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 ACHIEVEMENTS AND PERFORMANCE ICONTINUEDI who allended a dedicated Schools Day al the cricket. Delivery was extensive, with 1,080 hours delivered outside ol Chance lo Shine and 2,437 hours through Chance lo Shin¢, supporting 17,260 children. Competitive opportunities were popular, with 36 Dynamos school competitions, 300 teams, and engagement across 189 schools. Additionally, 3,523 pupils were offered further cricket opportunities wthin school sellings, helping deepen participation. Communil Community programmes saw en9agemenl across a wide range of inGlusive activities, reaching 3,770 total participants. Walking cricket remained a major fealuTe, with 271 participants al the National Walking Cricket Festival, 191 worstershIre walking cricket participants, 6 walking crke1 hubs, and 3 festivals. Broader community outreach was subslanllal. delivering 927 community hours, supported by 403 Walkers & Talkers participants, 46 youth club hours, and 171 hours of seated mulli-sports across 3D delivery cenlres. Inclusive cricket fomials continued lo grow, with 11 tapeball festival teams and 120 Ramadan Festival participants. Holiday and foDd support camps also made a significant impact, with 1,171 HAF participants and 720 meals provided for Childn. Disabilit Cricket Disability cricket CDnlinued lo expand ils reach and impact, offering inclusive plawng opportunities across the county. The programme deliveied 8 Super 1s hubs. engaging 90 participants. alongside 92 Table Ciickel sessions, 425 delivery hours in SEND schools that supported accessible formals for schools and groups. Performance pathways were slrenglhened with 28 disability performance participants, while 13 disabilily festivals and fixtures provided competitive experiences whilst also seeing 6 cricket clubs become ECB Disability Champion Clubs. Additionally. the programme supported 10 visually impaired participants, ensuring cricket remained open lo all abilities. Chance to Shine Street Chance lo Shine Street experienced strong growth, recording 3.788 total allendances a 25Q/o increase on 2024. The programme operated 10 Street clubs, engaging 162 male participants and 88 female participants. c. Coachlng Offer The coaching programme provided 576 one-lo-one coaching sessions lo support individual player development. Holiday promsion saw 11 ¢ri¢ket camps hosted across 6 venues, allra¢ling 1,354 allendees across both Camps and 1-2-1's. In addition. 13 cricket ¢lubs benefited from in-club coaching support, receiving a combined 346 hours of Goaching delivery. d. Safeguarding Safeguarding provision remained robust and proaolive across the network. All clubs now have a 1000 compliance rale with a named Safeguarding offir, supported by 39 Club Safeguarding Officers trained during the year. WCF achieved the Gold Sl8ndar(l in Safeguarding. highlighting excellence in policy, practice, and culture. Engagement was strong, Mqlh 3 club safeguarding forums delivered and 12 safeguarding newsletters issued lo keep clubs informed and up lo dale. Youth voice was also slrenglhened through the delivery of a pilot Youth Forum, ensuring young people have a platform within the safeguarding process. Page 4
Docusign EnvelopÈ ID". CDC803FO-0744-47D9-8BD7-8B8E8154A7F6 WORCESTERSHIRE CRICKET FOUNDATION IA COMPANY LIMITED BY GUARANTEE TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 FINANCIAL REVIEW a. Financial Revlew Worcestershire Cricket Foundation's lolal income for the year was £821,187 12Q24'. £772,894) and total expenditure was £847,78512024.' £822,695). The accounts show a deficit for the year of £26,59812024.. deficit of £49,801), which is in line with planned expectations for the year. Bank balances al the end of the year were £339,222 {2024.' £473,100), with an additional £100,000 of ftjnds placed into a short-lenn investment in the year with a balance al year end of £100.041 12024.. £0). b. Going concern Aller making appropriate enquiries, the Tiuslees have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue lo adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies. c. Reserves policy The Worcestershire Cricket Founclalion aims sel aside funds as reserves lo protect against potential drops income levels, unplanned adverse events, lo provide woiking capital in event expenditure required before receipt of income, provide funding for new inilialives or opportunities and ensure all liabilities can be discharged in event of cessation. The worstershIre Cricket Foundation's reserves policy is mad& up of 4 elements. Continuity, Restructuring, Cyclical Maintenance and Dissolution Funds. The minimum reserves required is the Dissolution Fund, which aims lo cover al least three months running costs and three months residual salaries. this equates 10 £211,947 12024.. £205,674). At the year-end unreslrited reserves were £413,413 12024.. £444,395), which are well above the Foundations aim of a minimum three months of running costs, However. the Foundation is Commilled through il'y strategic plan lo further invesl in our programmes, which will bring fro8 reserves closer in line with minimum three month provision by the end 012029. d. Financial risk management objectives and policies The Trustees have conducted a review of the major risks to which the Charity is exposed and a risk regisler is viewed on a regular basis. Where necessary. systems and procedures have been produced lo manage the risks of the Charity. STRUCTURE, GOVERNANCE AND MANAGEMENT a. Constitution Wors18rShIre Cricket Foundation is a company limited by guarantee governed by its Memorandum and ArtiCS of Association dated 24th May 2012. The Memorandum and Articles of Association were amended by a special resolution on 22nd November 2021. 11 is also a charity registered with the Charity Commission as of 28 January 2022. b. Methods of appolntment or electlon of Trustee5 The management of the Company is the responsibility of the Trustees who are elected and Co-opted under the terms of the Memorandum of Association. Page 5
Docusign EnvelopÈ ID". CDC803FO-0744-47D9-8BD7-8B8E8154A7F6 WORCESTERSHIRE CRICKET FOUNDATION IA COMPANY LIMITED BY GUARANTEEI TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT ICONTINUEDI . Organlsational structure and decision-maklng pollcies The Trustees meet on a regular basis lo deal with the business of the Charity. The Ghaiily currently directly employs 15 full-tirlle staff, 2 part-lime stsff, 2 external staff and various casu81 slafl to provide coaching and delivéry on the courses that the Charity organises, and other work 8s requiTed in fulfilling any grant-based aclivi(y. The Charity ha5 (wo committees which report lo the main trustee meeting.. The Finance Risk and Audit Committee IFRACI and the Nominations and Remuneration Committee. These commillees are made up of both Trustees and executives. d. Pay policy for key management personnel Key management personnel are paid a fixed salary as deemed Its be appropriate to the size of operations of the Company. &. Financial risk management The Trustees have assessed the major risks to which the Company is exposed, in particular those related to the operations and finances of the Company. and are satisfied that systems and procedures are in place to miligale exposure lo the majoT risks. STATEMENT OF TRUSTEES, RESPONSIBILITIES The Trustees (who are also the directors of the Company for Ihe purposes of company lawl are responsible for preparing Ihe Trustees. Report and the financial sla16menls in accordance with applicable law and United Kingdom Accounting Standards Iuniled Kingdom Generally Accepted Accounting Praclicel. Company law requires the Trustees lo prepare financial slalements for each financial . Under company law, the Trustees must not approve the financial slalements unless they are salisfied that they give a true and fair view of the slate of affairs of the Company and of ils incoming resour5 and application of resources, including ils income and expenditure, for Ihal period. In preparing these financial statements, the Trustees are required lo.. select 5uilable accounting policies and then apply them consistently.. observe the methods and principles of the Charities SORP IFRS 1021., make judgmenls and accounting eslimales that are reasonable and prudent,. stale whether applicable UK Accounting Slandaids IFRS 1021 have been followed, subject lo any material departures disclosed and explained in the financial slalemenls., prepare the financial slalemenls On the going concern basis unless il 18 inappropriate lo presume that the Company will continue in business. The Trustees are responsible for keeping adequate accounting r8¢ords that are sufficient lo show and explain the Companws transactions and disclose with reasonable accuracy al any lime the financia5 position of the Company and enable them lo ensure that the financial statements comply with the Companies Act 2006. They are also responsib for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees and signed on their behalf by.. W Harris Secielary Date.. 14-1 Zoz Page 8
Docusign EnvelopÈ ID". CDC803FO-0744-47D9-8BD7-8B8E8154A7F6 WORCESTERSHIRE CRICKET FOUNDATION IA COMPANY LIMITED BY GUARANTEE) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WORCESTERSHIRE CRICKET FOUNDATION I'the Company'l report lo the charity Trustees on my examination of the accounts of the Company for the year ended 31 De¢ember 2025. RESPONSIBILITIES AND BASIS OF REPORT As the Trustees of the Company land ils directors for the purposes of Company lawl YOLJ are responsible for the preparation of the accounts in accord8n¢e with the requirements of the Companies Act 20061.lhe 2006 Acl'l. Having satisfied myself that the accounts of the Company are not required lo be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of my examination of the Company's accounts carried out under section 145 of the Charities Act 2011 I'lhe 2011 Acl'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515llbl of the 2011 Act. INDEPENDENT EXAMINER'S STATEMENT Since the Company's gross income ex¢eeded £250,000 your examiner musl be a membeT of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the AssoGialion of Chartered Certified Accountants, which is one of the listed bodies. I have completed my ex8minalion. I confirm that no mallers have come lo my attention In connection with the examination giving me cause lo believe- accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act.. or the accounts do not accord with those records; or the a¢wunts do not comply with the accountin9 requirernenls of 5eclion 396 of the 2006 Act other than any requir8menl that the accounts give a 'lrue and fair, view which is not a maller constdered as part of an independent examination., or the accounts have not been prepared in accordance with the methods and principles of the Slalemenl of Recommended Practice for accounling and reporting by charities lapplicable lo Charities preparing their accounts in accordance wlh the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no concerns and have come a¢ross no other matters in ¢onne¢tion with the examination lo which allenlion should be drawn in this report in order to enable a proper understanding of the accoLJnls to be reached. This report is made solely lo the Company's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might slate lo the Company's Trustees those mallers l am Ttrquired lo slate lo 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 lo anyone other than the Company and the Company's Trustees as a body, for my work or for this report. Signed: Andrew Wood FCCA Dated.. 61512026 Bishop Flemlng Audit Limited Chartered Accounlanls 1-3 College Yard Wor¢esler WR12LB Page 7
Docusign EnvelopÈ ID". CDC803FO-0744-47D9-8BD7-8B8E8154A7F6 WORCESTERSHIRE CRICKET FOUNDATION IA COMPANY LIMITED BY GUARANTEE} STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 DECEMBER 2025 Unrestricted f unds 2025 Restricted funds 2025 Total funds 2025 Total funds 2024 Note INCOME FROM.. Charitable activities 494,546 326,641 821,187 772,894 TOTAL INCOME 494,546 326,641 821,187 772.894 EXPENDITURE ON: Chari18ble activits'es 487.723 360,062 847,785 822,695 TOTAL EXPENDITURE 487,723 360,062 847,785 822,695 NET INCOMEIIEXPENDITURE} Transfers belween funds 6,823 137.8051 {33.4211 37,B05 126.5981 149,8011 NET PIOVEMENT IN FUNDS {30,9821 4,384 126,598 {49,8011 RECONCILIATION OF FUNDS: Total funds brought forward Nel movement in funds 444,395 {30,982} 21.559 4.384 465,954 126,5981 515,755 149,8011 TOTAL FUNDS CARRIED FORWARD 4q3,413 25,943 439,356 465,954 The Statement of Finanaal Activities includes all gains and losses recognised in the year. The notes on pages 1110 20 form part of these financial slalemenls. Page 8
Docusign EnvelopÈ ID". CDC803FO-0744-47D9-8BD7-8B8E8154A7F6 WORCESTERSHIRE CRICKET FOUNDATION IA COMPANY LIMITED BY GUARANTEEI REGISTERED NUMBER.'08081630 BALANCE SHEET AS AT 31 DECEMBER 2025 2025 2024 Note CURRENT ASSETS Debtors Current asset investments Cash at bank and in hand 54,072 100,041 339,222 33,961 10 15 473,100 493.335 507,061 CURRENT LIABILITIES Creditors.. amounts falling due within one year 11 153,9791 141,1071 TOTAL NET ASSETS 439,356 465,954 CHARITY FUNDS Reslricled funds 12 25,943 21,559 Unrestricted funds 12 413.413 444.395 TOTAL FUNDS 439,356 465,954 The Company was enlilled lo exemption fmm audit under section 477 of the Companies Act 20L. The members have not required the company lo obtain an audit for the year in question in accordan with section 476 of Companies Act 2006. The Trustees acknowledge their responsibilities for complying with the requirements of the Ad wlh respect lo accounting records and preparation of financial slalemenls. The financial stslements have been prepared in accordance with the provisions applicable to enlilies subject lo the small companies regime. The financi81 slalemenls were approved and aulhorised for issue by the Trustees and signed on their behalf by.. W Harris Secretary Dale.. L7 The notes on pages 1110 20 form part of these financial slalemenls. Page 9
Docusign EnvelopÈ ID". CDC803FO-0744-47D9-8BD7-8B8E8154A7F6 WORCESTERSHIRE CRICKET FOUNDATION IA COMPANY LIMITED BY GUARANTEEI STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2025 2025 2024 CASH FLOWS FROM OPERATING ACTIVITIES Nel ¢ash used in operating activities 133.8371 183,581) CHANGE IN CASH AND CASH EQUIVALENTS IN THE YEAR 133,8371 473,100 183.5811 556,681 Cash and cash equivalents al the beginning of the year CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR 439,263 473,100 The notes on pages 1110 20 form part of these financial slalemenls Page 10
Docusign EnvelopÈ ID". CDC803FO-0744-47D9-8BD7-8B8E8154A7F6 WORCESTERSHIRE CRICKET FOUNDATION IA COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 GENERAL INFORMATION Worcestershire Cricket Foundation. registered number 08081630. is a charitable company incorporated in England and Wales. The registered office is 1-3 College Yard, Worcester, WR1 2LB. The Company is limited by guarantee, not haiAng a share capital and consequently the liability of the mernbeis is limited, subject lo an undertaking by each member lo contribute lo the nel assets or liabilities of the Company on winding up such amounts as may be required not exceeding £10. ACCOUNTING POLICIES 2.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS The financial slalemenls have been prepared in accordance with the Charities SORP IFRS 102) Accounting and Reporting by Charities.. Statement of Recommended Practic& applicable lo chaiilies preparing their accounts in accordance with the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland IFRS 1021 {effeclive 1 January 20191, the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) and the Companies Act 2006. Woreeslershire Cricket Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised al historical cost or Iransa¢lion value unless otherwise ststed in the relevant accounting policy. 2.2 INCOME All income is recognised once the Company has entillemenl lo the income, il is probable Ihal the income will be received and the amount of income receivable can be rneasud reliably. 2.3 EXPENDITURE Expenditure is recognised once there is a legal or conslru¢tive obligation lo Iransf6r economic benefit lo a third party, it is probable that a transfer of economic bonefits will be required in settlement and the amount ol the obligation can be measured reliably. Expenditure is ¢lassilied by aclivily. The costs of each activity are made up of the lolal of direct costs and shared cosls, including support cosis involved in undertaking each activity. Direct costs allributable lo a single aclivily are allocated directly lo that activity. Shared costs which ¢onlribule lo more than one activity and support ¢osls which are not allribulable lo a single activity are apportioned between those aGlivilies on a basis consislenl with the use of resources. Genlral staff costs are allocated on the basis of lime spent, and depre¢ialion charges allocated on the portion of the asset's use. Expenditure on ch8ritable activities is incurred on directly undertaking the activities which further the Compan¥s obieclives. as well as any associalad support Costs. All expenditure is inclusive of irCoverable VAT. 2.4 INVESTMENTS Current asset investments consist of cash held on d&posil in inleresl-bearing accounts with a malurily of 12 months or less. Such investments are measured al fair value, which is the carrying amount induding any accrued interest. 2.5 DEBTORS Trade and other debtors are recognised al the settlement amount after any trade discount offered. Prepayments are valued al the amount prepaid net of any trade discounts due. Page11
Docusign EnvelopÈ ID". CDC803FO-0744-47D9-8BD7-8B8E8154A7F6 WORCESTERSHIRE CRICKET FOUNDATION IA COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 ACCOUNTING POLICIES Icontinuedl 2.6 CASH AT BANK AND IN HAND Cash al bank and in hand includes cash and short-lerm highly liquid investments with a short maturity three monlhs or less from the date ol acouisilion or opening of the deposit or similar account. 2.7 LIABILITIES AND PROVISIONS Liabilities are recognised when there is an obligation al the Balance Sheel dale as a result of a past event, it is probable that a transfer of economic benefit will be required in 5elllemenl, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Company anlicipales il will pay lo sellle the debt or the amount il has received as advanced payments for the goods or services it musl provide. Provisions are measured al the best estimate of the amounts Tequired lo sellle the obligation. Where the eflecl of the lime value of money is material, the provision is based on the present value of those amounts, discounted al the pre-tax discount Tale that reflects the risk5 specific lo the liability. The unwnding of the discount is recognised in the Statement of Fin8n¢ial Activities as a finance cost. 2.8 FINANCIAL INSTRUMENTS The Company only has financial assets and financial liabilities of a kind that qualify as basic financial inslrumenls. Basic financial instruments are initially recognised al transaction value and subsequently measured al their selllemenl value with the exception ol bank loans which are subsequently measured at amortised cost using the effective interest method. 2.9 OPERATING LEASES Renlals paid under operating leases are charged lo the Slalemenl of Financial Activities on a slraighl-lin& basis over the lease term. 2.10 PENSIONS The Company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Company lo the fund in respect of the year. 2.11 FUND ACCOUNTING General funds are unrestricted funds which are available for use al the discretion of the Trustees in furtherance of the general objectives ol the Company and which have not been designated for other purposes. Reslricled funds are funds which are lo be used in accordance with specific reslriclions imposed by donors or which have been raised by the Company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each reslricled fund is set out in the notes to the financial stalerllenls. Page 12
Docusign EnvelopÈ ID". CDC803FO-0744-47D9-8BD7-8B8E8154A7F6 WORCESTERSHIRE CRICKET FOUNDATION IA COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 INCOME FROM CHARITABLE ACTIVITIES Unrestricted funds 2025 Restricted funds 2025 Total funds 2025 Total funds 2024 Cricket events 494,546 326,641 821.187 772,894 TOTAL 2024 388,999 383.895 772,894 ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES Summary by fund type Unrestrlcted Restricted funds fund$ 2025 2025 Total 2025 Total 2024 Cricket events 487,723 360,062 847,785 822,695 TOTAL 2024 442,693 380,Q02 822,695 ANALYSIS OF EXPENDITURE BY ACTIVITIES Actlvllles undertaken directly 2025 Support Costs 2025 Total funds 2025 Total funds 2024 Crickol events 629,937 217.854 847.785 822,695 TOTAL 2024 641,277 181,418 822,695 Page 13
Docusign EnvelopÈ ID". CDC803FO-0744-47D9-8BD7-8B8E8154A7F6 WORCESTERSHIRE CRICKET FOUNDATION IA COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 ANALYSIS OF EXPENDITURE BY ACTIVITIES ICONTINUEDI ANALYSIS OF DIRECT COSTS Cricket events 2025 Total funds 2025 Total funds 2024 Staff costs Travel & subsistence Equipment & hall hire Other costs 461,981 59.594 92.420 15,936 461.981 59.594 92,420 15,936 453,896 60,612 96,724 30,045 629,931 629,931 641,277 TOTAL 2024 641.2T/ 641,277 ANALYSIS OF SUPPORT COSTS Cricket events 2025 Total funds 2025 Total funds 2024 Staff costs Travel & subsistence Equipment & hall hire Staff training & welfare 126,871 2.402 9.138 7,675 126,871 2,402 9,13B 7,67S 87,784 4,815 6,825 10.285 F ill Bank charges Computer Insurance Legal & professional Advertising & promotion Subscriptions Telephone Rent 600 S,608 2,259 16,054 535 2,409 4,173 39,130 600 419 6,608 2,259 16,054 535 12,635 2.105 33,415 1,615 975 2,409 4,173 39.130 3,093 17.452 217.854 217,854 181,418 TOTAL 2024 181,418 181,418 Page 14
Docusign EnvelopÈ ID". CDC803FO-0744-47D9-8BD7-8B8E8154A7F6 WORCESTERSHIRE CRICKET FOUNDATION IA COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 INDEPENDENT EXAMINER'S REMUNERATION 2025 2024 Fees payable lo Ihe Companls independent examiner for the independ8nl examination of Ihe Company's annual accounts 4,800 4.650 STAFF COSTS 2025 2024 Wages and salaries Social security costs Other pension costs 544,515 32,199 12,138 503,859 27,818 10,003 588,852 541,680 The average number of persons employed by the Company during the year was as follows.. 2025 No. 2024 No. Employees 30 34 No employee received remuneration amounting to more than £6Q,000 in either year. TRUSTEES. REMUNERATION AND EXPENSES During the year, no Trustees received any remyneralion or other benefils12024- £NILI. During the year ended 31 December 2025, no Trustee expenses have been in¢urred12024 - £NILI. DEBTORS 2025 2024 Other debtors Prepaym¢nls and accrued income 18,568 35,504 21,027 12,934 54.072 33,961 Page15
Docusign EnvelopÈ ID". CDC803FO-0744-47D9-8BD7-8B8E8154A7F6 WORCESTERSHIRE CRICKET FOUNDATION IA COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 10. CURRENT ASSET INVESTMENTS 2025 2024 Cash equivalents held on deposit 100,041 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade Gredilors Other creditors Accruals and deferred income 9.656 12,236 32,087 304 8,547 32,256 53,979 41,107 Page 16
Docusign EnvelopÈ ID". CDC803FO-0744-47D9-8BD7-8B8E8154A7F6 WORCESTERSHIRE CRICKET FOUNDATION IA COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 12. STATEMENT OF FUNDS STATEMENT OF FUNDS- CURRENT YEAR Balance at 31 Decembor 2025 Balance at 1 January 2025 Transfers inlout Income Expenditure UNRESTRICTED FUNDS General Funds Designated - Youlh Cricket 444,395 469,546 25,000 1483.2831 14,4401 {37,8051 392,853 20,560 444,395 494,546 1487,7231 {37,8051 413A13 RESTRICTED FUNDS Chance2Shine Core Chance2Shine Street Club Development Community Disability Cricket Education National Programmes Non Project Wickeiz Women & Girfs 6,984 8.063 403 3.809 79.518 42,992 {93,4411 162,2371 1403) 141.0561 165,415 19,014 121,5901 13,4501 133.2651 30,1911 14.439 17,921 7.500 6.739 45.953 48.954 13.086 21,590 1,150 29,477 43,921 8,706 16,461 {4,0721 2,300 3,788 {10.7321 2,998 21,559 326,641 1360,0621 37.805 25,943 TOTAL OF FUNDS 465,954 821,187 {847,7851 439,356 Page 17
Docusign EnvelopÈ ID". CDC803FO-0744-47D9-8BD7-8B8E8154A7F6 WORCESTERSHIRE CRICKET FOUNDATION IA COMPANY LIMITED BY GUARANTEEI NOTES TO THE F5NANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 12. STATEMENT OF FUNDS (CONTINUED STATEMENT OF FUNDS- PRIOR YEAR Balance at 31 December 2024 Balance at 1 January 2024 Tiansfers inloul Income Expenditure UNRESTRICTED FUNDS General Funds 515.755 388,999 1442.6931 {17,6661 444,395 RESTRICTED FUNDS Chance2Shine Core 86,257 61,810 4,753 52,852 46,686 2,700 28,280 6,868 10,851 54,814 28.024 182,8301 (62,6571 {4,1111 {53,9211 160,0341 (2,7001 120,1781 {4,5e81 110,5461 157,5921 120,8651 3,557 8,910 12391 4.878 13,348 6,984 8,063 403 3,809 Chance2Shine Street Club Development Community Disability Cricket Education National Programmes Non Project School Offer WiGketz Women & Gids 18.102) 2,300 13051 2.778 17,1591 383.895 1380.0021 17.666 21.55g TOTAL OF FUNDS 515,755 772,894 1822,6951 465,g54 13. ANALYSIS OF NET ASSETS BETWEEN FUNDS ANALYSIS OF NET ASSETS BETWEEN FUNDS- CURRENT YEAR Unréstricted Re$tri¢ted funds funds 2025 2025 Total funds 2025 Current assets Creditors due within one year 467,392 {53,9791 25,943 493,335 153,9791 TOTAL 413,413 25,943 439,356 Page 18
Docusign EnvelopÈ ID". CDC803FO-0744-47D9-8BD7-8B8E8154A7F6 WORCESTERSHIRE CRICKET FOUNDATION IA COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 13. ANALYSIS OF NET ASSETS BETWEEN FUNDS ICONTINUEDI ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR YEAR Unrestricted funds 2024 Reslricled funds 2024 Total funds 2024 Current assets Creditors due wthin one year 480,630 136,2351 26,431 14,8721 507.061 {41,1071 TOTAL 444,395 21,559 465.954 RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES 14. 2025 2024 Net expenditure lor the year las per Slalement of Financial Acliviliesl (26,5981 {49,8011 ADJUSTMENTS FOR.. Increase in debtors Increaselldecreasel in creditors 120,1111 12,872 {10,2721 {23,5081 NET CASH USED IN OPERATING ACTIVITIES 133,8371 183,5811 15. ANALYSIS OF CASH AND CASH EQUWALENTS 2025 2024 Cash in hand Cash equivalents held on deposit 339,222 100,041 473,100 TOTAL CASH AND CASH EQUIVALENTS 439,263 473,100 Page 19
Docusign EnvelopÈ ID". CDC803FO-0744-47D9-8BD7-8B8E8154A7F6 WORCESTERSHIRE CRICKET FOUNDATION IA COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 16. ANALYSIS OF CHANGES IN NET DEBT At1 January 2025 Cash flows At31 Decèmber 2025 Cash at bank and in hand 473,100 1133,8781 339,222 473,100 1133,8781 339,222 17. PENSION COMMITMENTS The Company operates a defined contribution pension scheme. The assets of the scheme are held separately frDm those of the Company in an independently administered fund. The pension cost charge repregenls contributions payable by the Company lo the fund and amounted to £12,13912024'. £10.0031. Contributions lotalling £2,302 12024.. £1,045) were payable lo the fund at the reporting date and are included in creditors. 8. OPERATING LEASE COMMITMENTS Al 31 December 2025 the Company had commitments lo make future minimum lease payments under non-cancellable operating leases as follows.. 2025 2024 Not later than 1 year Later than 1 yeaT and not later than 5 years 5,477 7.759 13,236 19. RELATED PARTY TRANSACTIONS During the year 8xpenditure of £Nil 12024.. £9,600) was paid lo Diglis Consulting Ltd in relation lo recuilment services provided lo Worcestershire Cricket Foundation. Simon Slevin, a Trustee of the Wor¢eslershire Cricket Foundation, is also a Director of Diglis Consulting Ltd. Page 20