REGIsfERED COMPANY NUMBER: CE031305 (England and Wales) REGisfERED CHARrrY NUMBER: 1201817 REPORT OF THE TRUSTEES AND AiIDITED FINANCIAL sfATEMEIITS FOR THE PEIUOD 2ND FEBRUARY 2023 TO 30TH SEPTEMBER 2024 BUCKS CRICKET cio Rharthn J Chartered kcountants & Regte Audito Mercury House 19-21 Chapd Street Marlow Buckingharn5hYe SL7 3HN
BUCKS CCK Cio CONTEpifs OF THE FINANCIAL sfATEMENTS FOR THE PERIOD 2ND FEBRUARY 2023 TO 30Th SEPTEMBER 2024 Page Referen and Adrninistrative Details Report of the Trustees 2 to 6 Report ofthe Independent Awlrtors 7 to 9 ststement of Flnanclal ACtIleS io li Cash Flow Statement 12 Notes to the Cash Flow Ststemert 13 Notes to the Flnandjl Stst¢Ments 14 to 20 Detalled Ststemert of FI11 Actl¥ltks 21 to 22
BUCKS clucK CIO REFERENCE AND ADMINISTRATDIE DETAILS FOR THE PEIUOD 2ND FEBRUARY 2023 TO 30TH SEPTEMBER 2024 TRusfEES K I H(Mty)n lapwinteLI 2.2.231 S Beck lapp)inted 2.2.231 M Watts lapkX)inted 2.2.231 G D Rance (appointed 1S.1.24) Y H3rri5 laptK>inted 15.1.241 M D R Suurff lapwjinted 15.1.24) J A Chu (apinted LS.1.241 R 8rar (ap)Inted 1S.1.24) M Walsh laptx)inted 15.1.241 L WaLsh-HaU {apw)irhted 26.11.24) REGisfERED OFFICE Andelain Brookf*W Lane BUCKINGHAM BLKkirrfJhamshire MK18 IAU REGisfERED COMPANY NUMBER CE031305 IErylaTrJ and Wales) REGisfERED CHARITY IIUMBER 1201817 INDEPENDENT AUDITORS Rkhardgjn Jores Chartered Accountants & Registere<J Auditors Mercury House 19-21 Chapd Street Marlow BuckiThJh&nshire SL7 3HN BANKERS Lws Bank Pk DavwtO3Y managernent The trustee5 delegate day-toaY managunent to Rkhard Hu(150n, charivs Chkf ExKutlve Ofncer.
BUCKS CRICK CIO REPORT OF THE TRUSTEES FOR THE PEIUOD 2ND FEBRUARY 2023 TO 30TH SEPTEMBER 2024 The tru5tee5 present their rew)rt wf(h the finarKhil staternents of the charty for the period 2rTrd February 2023 to 30th SepterntEr 2024. The tru5tee5 have k)e the priMSi0Tr5 of Accoufiting and Rew)rting by chariti.. Statement of Recommended Practice appliCate to tharities pparIng their accounts in accordan wf(h the Flnanckil Reportlng Stsndard apKable In the UK and Reputdic of Ireland IRFS 1021 leffeth"¥e l January 20191. The charty was registered as a Charitabk Incorwbr&ed Organat)n on 2[ Felxumy 2023 and cornmenced activitie5 on 1st SepterntEr 2023. OBJECTIVES AND ACTIVITIES Objectives and aims Bucks Cricket CIO {"Buck5 ket.) is a charf(abk incowwKated organi5abon and it50bptts are the tenefit of tIE txjblic generalty and, in particuLir, the inhabrtants of Buckitvjhamshire and rts 9Jrnunding areas.. l. to promote community partiopthn in heathy reCreabC, in partKuL4r ty ryoviding and as5isbng in provIng faciif(ie5 for and organising the KAaying of trkket and sw>rt and games capabk of pronklting heath.. 2. to provlde and assist in provhJing facilities for ¥M)rt recreation and other leisu tsme cccupatk)n of such persons who have need for sh facilit$ by rea50n of thw'r youth, age, infimirty or disatAement, povetty or social onoMiC circurnstance5 or for the pulAK at large in the interest of %¢141 weWJre wrth the obJECt of improvirvJ thwr condition of Ie., and 3. to athance the education of chiljren In the gJbiKt of uicket through workshops. Wena, conferee5 and courses. Slgnlflcant actlvltles Bucks Crlcket performs a wide range ol crtcket xtfv6ths to actrkne these Obtfves IKludlNJ thUgh schooLs, communlty and clubs and through its Ferfom)ance pathway. Publlc benefft The Trustees conllmi that they havè referred to the guklance contslned In Charfty Commlssh)n's neral guldancè on publlc beneflt when rew[j the charty's aSms objthes and in pLannlTrg future aCknVes.
BUCKS CRICK CIO REPORT OF THE TRUSTEES FOR THE PEIUOD 2ND FEBRUARY 2023 TO 30TH SEPTEMBER 2024 srRATEGIC REPORT Achievement and perfonnance l. khools 9,867 Primary School chi1jn were reached through Bucks Cnckevs ddivery of Chance to Shlne Whole School Programrnes, Engagement Days, Skills Festivab and tnamos CcThretrth)r6. Bucks Cricket delNered coaching in 20 Secondary Schoo15. ran 3 Secondary Teacher CPD events and Saw partKipatK)n in Girls Sendary Competitions rise to 39 team5. Bucks Cricket ddNered 5es5ions at 9 SEND khooLs and ran 3 SEND Fe5tival5. 2. Communlty Bucks Cricket runs 9 free, weekty'street Cricket. hubs airned at 11 to I5-Year)kIS Unab to join aubs and bring5 ethnically dwerse communitie5 together, wfth 122 part1Pants atte[ing on average each wk in 2024. 8uck5 Cricket provided free ECB All Stars Oynamos wogrnmmes for 5 to 11-year-ohJs in the main urban aa5 in Bucks wf(h 389 participants in 2024. Bucks Cricket runs 4 fe, weekty or.11fy Super Is huts, wth 50 partic1knts attending. Bucks Cricket also piloted a Women's CrKket Hub with 24 women from Twbvs CArden Tea RrA)m, a drity for Muslim wrmen in Milton Keynes. 3. Clubs In the Bucks Cricket JunK)r ComW"th)ns, 51 aubs entered, with 306 teams playing 1,176 fixtu in 2024. Particlpants Sn Club's All Stars15 to 11-year-oldsl programmes grew by 140 to 1,484 Whi Dynamos pro9Trmmes decreased by 5 to 634. Bucks CrKket ran 9 Coaching courses. 5 Safe Hants courses for aub Safew4rding Officers. 3 Grgunds Management courses, 3 Umisrlng courses, and 3 YouThJ Volunteets cour 4. Pathwav Bucks Cricket streThJthened the oppytunths for Stste School chiklren to d&•p t1r perforrnar th15, wlth the Introduclon of two MCC FgundatK)n Hutrffj - l in Milton Keyne5 and l in South Bucks airned at U14 and U16 for Gir15 and Boys. Bucks Cricket's County Pathway provi 375 grls and b)ys from uThJer 11 to under 18 with 570 houts of winter tralning and 222 match-days. Four boys have ggned onto the Men's First-aass Partner ACadY at Northants CCC, and four girls are attending Ernerging Hayers Programrre sessK)r6 with Bucks CrKket's Women's fier I Partner, Hampshire CCC. To supwrt the devebpment of those crKketers with the greatest p)tential, we have developed a tsvo-tier prformance level above County Age Group squads.. the MKlw&k Training Programme and the Emerging Players Programme. We a run a s11 Zones wogramme for lunkjrs, ow to all that are put forward by thelr aubs. Flnanclal revlew Flnanclal posltlon Overall, income was El,136J81 and expenses were £873,919. This gives a gJrF4us for the year of É262,462. After tsklng Into xcount the uTrrea1ed 9aln5 on the Investmerts as al 30 septser 2024 of £70,494, this gfves net Income 01 £332,956. Of thls surplus, £nll Ss restrlcted fuThts. UThreSt reserwes at 30 Setrtember 2024 are £332,956. Prlndpal fvndlng sources Funding for these activitie5 corn from a variety of but the main two whh a the Er¥Jland & WalÈ£ Cricket Trust £452,216 and Chance to Shine £90.023. BL5 CrKket ak) recewed £39.215 from Lords Taverners. Bucks Crkket Is grateful to all its fundus, large and Thll.
BUCKS CRICK CIO REPORT OF THE TRUSTEES FOR THE PEIUOD 2ND FEBRUARY 2023 TO 30TH SEPTEMBER 2024 STRATEGIC REPORT Financial review Reserves pollcy Bucks Cncket reseNes against unforeseen contfjr¥JerK. The purp)se of the reseThe is to rn"gate agalnst rave rfsk or provide wOr'r0 capital in case of positive risk or cvtKrtunity x) we . l. meet tontr&tual Irdbilrties in the event of organsatn shuttir¥J (k)wn: meet programme exrenses lirKluding overheads) in the event of failu of wo9ramme funder (where we believe the programrne should continue in the absence of the programme funderl or where the programme funder pays in arrears,. 3. fulfil our organisation values wf(h re5rrt to ststmlty of ernrknyrTt f¢x stsff (given rnU.p time bound wogrdmrne funding agreement51.' and 4. cover costs such as bntemi sKkness and matemity pay as 18Juir&J. Minimum reget A mlnimutn of three nths, opratiNJ and governar tolts ShLk1 retained in bank balances. When CalcutIng thls, any deSnated funds should be taken into acctyjnt. The minimum set by the Tnjstees is £120,000. Maxlmum re9erw A maxifflum of nine months, owatirrfJ and fftmano CO 5houkl be retslrd as r&erves. The rnaxlmum set by the Trustees 55 £360,000. Golng concern At the balance Sheet date, the chkn had on excess of current Ossets over current lbiif(ie5 and net Jssets of £332,956. The financial statemenis hjve been wepared on a going corKern bays as the truste85 Wieve no material uncertaintie5 exlst. The trustees have considered the ol funds held and the exed kvel of income and expendItU for 12 months from autho51n9 these financial statements. The Wed income and exFend1bj Is sufficlent wlth the ve1 of rewve5 for the charty to be ab4e to continue 35 a gYJir¥J (Cern. Prlndpal rlsks and unc•rtalntl•s The CUrnt funding contract wrth the EnTrd & Wales tstket P4)ard extyres on the 31st January 2029. Future plans Bucks Crkket alms to grow and strengthen the game, 9prt communities, and in the county. It wlll.. Lead and develop the crlcket nehvork wrthlTr BucklnghamshSre . Fyovide enjoyable. IrKlusNe, and accesgt4e programmes Establish and maintain a g)vernante structure to sustain and wotect cricket in Buckinghamshire - Create a pL3yer pathway that efiab pkyers to rexh tlw'r tentI - Use crlcket to engage hth new communrtles Bucks Crlcket has priorttlsl the folbwlr¥J to this.. strong foundations - Increase particl10n, in ptular in W0ft & crlS. Crickd - Hkjh perfornilng county teams This 15 then 5UPPOrted by a ContinLd fcfus on.. Good Governance Flnanclal Sustainabllity - MotNated People Strong Partrer5hips - Inspiring Offer The strategy of Bucks CrKket Is set Sn a fvtryew strategy thument approved ty the Trustees and agreed with the EThJland & Wales CJKket Board. STRucfuRE, GOVERNANCE AND MAMAGEMEI Governin9 document Bucks Crrket is 9)Vern by ts coWutrJn as a chartatAe irKoryKJrd oryanisabon register&J with the Charity Cornmisson.
BUCKS CRICK CIO REPORT OF THE TRUSTEES FOR THE PEIUOD 2ND FEBRUARY 2023 TO 30TH SEPTEMBER 2024 STRucfuRE, GOVERNANCE AMD MAMAGEMENT Charity constitution The charity was initialty registered as an associatKJn mothl Char[tab Incorporated organtsation on 2 February 2023. However, the original intention was that rt be a fouThJatK)n model Charitab incorp)rnted organwtion {i.e. one whose only voting rnernbers a its charty trustees). AccordiThJty, all the of Bucks Cricket CIO resolved by written resolution on 22 February 2024 to thang2 the co[lln to refkn thi5. RegistratK)n by the Charity CunrnissK)n of the new constitution 15 Still awar(ed. Recrultment and appolntmert of new trustees Under the new constr(utK>n. new Trustees will be apwinted by a re501uborb of Trustees Pa at a srEcial rneeting and will be inducted by felk)w Trustees. In seleclirvJ future Tru5tee5. COUnt will taken of the kK>tenbal tEnefit of their personal or proless*)nal expenence to make a contributh)n to the pursurt of the objects and the management of BkS CrKket. Oryanlsatlonal structure Bucks Cricket CIO is a charrtable kncorporated organlsthn iao}. The trthid of trustees coTrs15ts of 10 trustees {9 of whlch We In post as at 30 Seoember 20241. The ChKI ExecutNe oversees the d3ty owab"oTrs and Smpthents the board's licies. Dedslon maklng Key strategic decisions Ilncluding settlThJ the fvtryear strategy, deveklng plans and polkles, assessing rSsks of signifKance and approwng the annual budget) a ¢J5cussed and by the full Board of Tnjstees. The rnanagement team is then tasked with delivefing on these decwiTrs Within the approved budget. Inductlon and tralnlng of MW trustees There is an inductM)n sYcKess for Trustees induding a historical bactyound, of the fNe-year strategy, fSnancial overview, EOI and Safe9uardin9 training and 9ovemarKe rffjuirements of the Charty Commis5K)n and the England & Wales Crkket Board, Key management remuneratlon The MUneratIon Erlicy covers all staff. The salary bands have teen dlped using external tenchmarklng and Intemal affordabllty. The Chair of the eoard of Trustees is res•b for annual arva1 of the Chief Executlve Offter and Flnance Director. The lull Board of TrLStees Is ukn'matety reswjngble (or apwowng the remunerabon of all staff. Related partles During the year an wnount of £16,917 wa5 pald lo SMB (Bucklrfjhaml Limlt8J In re5Fett of IaSurer and MInistratIon services. SMB18utkiryhaml rnited i¥ a company owned and controlkd by Mr S M 8eck. a Trustee of Bucks Cricket CIO. At the year end £nil was owed by 8ucks Cricket CIO to SMB {Buckwhaml Limite(L
BUCKS CRICK CIO REPORT OF THE TRUSTEES FOR THE PEIUOD 2ND FEBRUARY 2023 TO 30TH SEPTEMBER 2024 srATEMENT OF TRusfEES' RESPOMSIBILTTIES The trustee5 are restx>nsible for preparing the Trustee5' Anfiu31 Rert and the financial 5tatetnent5 in (Ordan with applicable law arvj United Kingdotn Accounting St3fKlard5 (United kn'twom Getalty ACpted Accounting Practice). The kiw applicable to charities in EThJkind & Wales r8]uires the tr(stees to yepare financ1 ststements lor each financial year which give a true and fair wew of the 4ate of affairs of the charty and of the irKoming resources and applicabon of resource5 of the charity for that perKKJ. In preparing these financial statements, the trnsiees are r8]uired to: o select suitatAe accountirvJ tx)IKie5 and then them Co[lSten. o observe the methods and piincifv in the Charities SORP 2019 IFRS 102)- o make judgements and estrmates that a reasonable and prudent,. o stste whether applKable accounting standards have been folh)w8J' o prepare the financ1 statements on the gryng conrn bLS unss it 15 Inap[0wte to prume that the charty will contlnue In okrdtk)n. The trustees are responsible for keeping proper accountiThJ reco that with reasonable accuracy at any time the financk?I poytion of the (harty and enat4e them io ensure that the financial statements compty wf(h the Charities Act 2011, the Charities (Accounts and Rerxlrts) ReguktK)ns 2CQB. ar the of the trust deed. They are a150 responsible for safeguardlng the assets ol the charlty and IwKe for taking reasonable steps f the prevention and detection of fraud and other liregularbts. The tru5te85 are reskvnb1e for the rna4ntenae and integrity of the charty and flnancial informatk)n included on the charty's website. LegiatIon in the Unfted Kingth)m ¥emIng the preparabon dissernination of flnanclal staternents may dSlfer from gIslatIon in other JurisdtK)nS. AUDITORS The audltors, Rkhard5cn jo5, wil be proFosed for raNJointrnent at the fortlKoming AnThual General Meeting, '10¥12¥£5 trustees, SncorF()ratSng a &rategk pOIL approved ty order of the board of trustees on . and s9d on the t)ards behall ty: &<a S 8eck- Trustee
REPORT OF THE INDEPENDE1 AUDThORS TO THE TRUSTEES OF BUCKS CRICK CIO Opinion We have audited the f1nancKIl statements of 8Kks Cricket CIO Ithe'tharrty'} for the year ended 30 September 2024 which comprise Statement of FinarKial Actiwties, Baknce Sheet, Cash How statent and Th)tes to the financial statements, including signifKant accountirvJ pol. The fiTranchil reporting framework that has been 3pplEd in their preparation applicable law and United Kingdorn AccountirvJ Standarts. includit¥J Financial Reporting Standard 102 The Financial ReportSng Standard appltat4e in the UK and RepublK of IidaThJ IUn6ted Kin9Jom Generalty Accepted AccOunn9 PrKtSce). In our opinDn the financial ststements: o give a true and fair view of the state of the charity's affairs as at 30 Septem1 2024. and of ts incorning rur5 and apIcatIon of resources. includirvJ it5 irKotne and exndrtUre. for the year th end2d: o have been proper pred in CordanCe wf(h United Kingdom Gererally Accepted AccouThty"ng PractKe; and o have been ppared in corthn wrth the requirements of the Charibes Act 2011. Basis for opinion We conducted our audit in accordance wth Intemab"onal Stanthrds on Audf(ing IUKI (ISAS IUKII and apKab law. Our reskN)nsibilitres under those standards are further described in the alItOr re¥nSIbIlitieS for the audr( of the financial staternents sertion of our re)rt. We are independent of the charty in accordance with the ethical rUIrements that are relevant to our audit of the finantrdl ststernenL% in the UK. inclLKlirvJ the FRC'S Ethical Standard. and we have fulfilled our other ethlcal responsits"litles Sn accordance wrth these wuiianents. We believethat the audit eVleen we have obtained Is sufficlent and approprte to pThide a bass for our on)n. Concluslons relan9 to golng concern In audltSng the financkl statements, ¥ye have conduded that the trLStees' use of the concem ba$ of accountlng In the preparatSon of the nnanckl statements is apwopriate. Based on the work we have Ferfor[, we have not Jentffied ary material uncertaint5 rdating to events or condlyons that, Individual or collectively. moy cast sgnifKant th)ubl on the charitvs atrA'lity to continue as a golng concern for a perk)d ol at least twthe months from the fina11 statements are authorsed for issue. Our responsit41ityes and the re5F(Jn51tyif(ie5 d Ihe trustees with re5pert to wing concern are descrited In the relevant sectbn5 of this report. Other Informatlon The other information comrybes the Infomithn InckKled In Ihetrustee< annual Terort, other than the flnanclal staternents and our auditor's reEvrt thereon. The trustees are resEvnsible for the other inforniation. Our opinbn on the financlal statements djes not cover the other information and we do not ey4Ytss any lom ol assuratKe CondLon theOn. Our reSponsilIty Is to read the other InfornwUon and, in dolng , conslder whether the other Inlomiatlon Is materlally Inconslstent wlth the financlal ststernents or our kW1ed9e obtained in the course ol the aud or otherwise appears to materialty misstated. Lr we identify such material into$tent% or appant material rnÉst3ternents. we are required to determine whether this gwes rise to a material misstatement in tt financhal statements themsefves. If, based on the work we have perfom)ed, we Conc1Je that there 6 a mksstatement of this other InfomiatSon, we are requlred to reEvrt that fact. We have nothing to repK)rt in thi8 regard. Matters on whlch we are requlred to report by exceptlon We have nothing to pOrt in pect of the folk)wiro matters in rebtion to whth the (tsribe5 (Accounts and Reports) Regulation5 2008 require to rert io wju rf, in our q)InTr.. o the Inlormatlon glven Sn the trwtees, rerM)rt is SrKons6tsnt In any material resm wth the fina1 statanents,. or o sUfficnt xcounting records have not been ketrt., or o the financrol staternents are not in agrewnenl wf(h the KcountyThJ ords,. or ts we have not recewed all the infomtK)n and exK4anatsS requi for wr alit.
REPORT OF THE INDEPENDE1 AUDThORS TO THE TRUSTEES OF BUCKS CRICK CIO Responslbllltles oltrustees As explained More ful in the truslees. resrM)ngt41rties statement Iset out on page...I, the trust are resporNble for the preparation of the financial 5tatLYnents and for being 5ati5fied that they gNe a trLE and fair vie. and for such intemal control a5 the trustees determine 15 necessary to enable the preparation of financial #atements that are free from tnaterial mItateMent, whether due to fraud or enor. In preparing the financK?I statements, the trustees are re%KJngNe for osswng the charitys ability to conbnue as a going cOnr, disck)5ing, as aptAicabk. matters related to gK>irvJ concem and Ung the goit¥J concern bas15 of accounting unless the tru5tee5 either intend to liquidate the charity or to ase owation5. or have tK) realt5bc 3kern3tive but to do 50. Our respon$lbllltles for the audlt of the financlal statements We have been appointed a5 buditors under Sertion 144 of the CharrtEs Att 2011 and rerA)rt in accordance with the Att and relevant regulation5 made or having effect thereurxler. Our objectives are to obtain reasonable assuran whetherthe financ$31 statements as a Who are free from material MItateMent, whether due to fraud or error. and to issue an awlitorfs report that indude5 our opinion. Reasonable assurants ig a high level of assurance, but is a guardntee that an au(ht conducted in accordance with ISA% IUKI wlll always detect a matÈYial mstateMent when it exists. Misststements can &ise from fraud or error and a ConskJed materlal if, Sndividually or in the aggregate, they couk1 wsonabty be exteled to lnfiuence the ecorK)mlc decSsSons of users taken on the t) of these financial statements. IrregUlarleS, IncI1ng fraud, are Instsnces of non-com&7nce w6th laws and regulatSons. We deslgn procedures In Ilne wbth our responsibllitles, outlined above, to detect materh31 misstatunents in pect of iryegukirrties, IncludSng fraud. The extent to whKh our procedures are Capab of detecb.rg irwularib"es, IndJin9 fraud is detailed telow.. We galned an understanding of the legal and regulatory freWork apicab to Bucks Cricket and the chartiy sertor in whlch It operates, and considered the risks of by the charity that We contrary to apKab laws and gUlatn5, Including fra. We desKJned art proceduies to resFond to the iisk, 0gnTrg that the risk ol not detectlng material rltaternent due to fraud is higher than the of not detecb'ng one from error, as fraud may involve deliberate concealrnent by, for example, forgery or IntentK)nal mi5rewesentations, or throwh colusK)n. We focused on laws and regulatSons whth couhj gfve rtse to materSal MISStatent Sn the flnaKkl statements, IKludlrrfJ, but not Ilmited to, the Charlbes Art 2011 aThd UK tax legition. Our procethres incIL'. "agreelng the financlal statement discknsures to undertyin9 SUptKbn9 docunkntaty"on. -conducting a review of minutes of the twstees meetings. - testing the authorsation of expdItU and imfvntstw)n of financk?I contro -enquirSe5 01 management regardkng krKJwn or Wed ITrstan of -coMF41ance wth laws and regulatkjns and fraud. -understanding of managements intema cortro& thsKJned to went aThJ deted irregularit9. Because of the Snherent limtsth)ns of an audr(, there Is a sk that we will not dett all irreguhrf(les, includlng those leadlng to a rnaterlal mlsstaternent in the financk?I statements or nOnOrn[Al3ce with reguktbn. Thk5 risk inCaSe$ the rnore that compliance with a tsw or regulation is mOVed from the events and transactyon5 refierted in the financial staternents, as we will be less likety to itorne aware of instsrtes of rK)n-complkince. The risk is also greater regarding irgUIaritieS otturring due to fraud rather than error. &¥ fraud involves intentK)nal Conlrnent. forgery. collusw)n, omlssloTr or rnlsrepre5entatn. A further de5CriPtion of our rnSibIlitieS for the aLMJil of the financ1 statements is kxated on the Financial Reporting Council's website at Www.fr£.org.uklajrtorSreS[&)blles. This descriptwjn fc¥ms part of our Rep)rt of the Independent Audf(ors.
REPORT OF THE INDEPENDE1 AUDThORS TO THE TRUSTEES OF BUCKS clucK CIO Use of our report This rewrt Is made solety to the charty's trust, as a tKhfy, in acCOrthn wrth Part 4 of the Charf(ies (Accounts and Reports) Regulations 218. r audit work has beell undertaken s) that we mwjht 51Bte to the charty's trtee5 those atters we are required to State to thern in an audthrfs re)rt and for fio other purw5e. To the full& extent pertnitted by law, we do not accept or assume resp)nsibilrty to anyone other than the chanty aThJ the charity's trust*5 as a body, for our audit work, for this reFM)rL lor the we have fom)ed. For and on behalf of Richard50n Jones Ltd {Slatutory Au(knr) Chartered Accountants & Registered Audf(ors Eligible to art a5 an audf(or in terms of SeLtK)n 1212 cl the ALt 2rM)6 Mercury House 19-21 Chapel Street Marlow Buckinghamshlre SL7 3HN Date: 24_07_2025
BUCKS CRICK CIO srATEMENT OF FINANCIAL ACTDIITIES FOR THE PEIUOD 2ND FEBRUARY 2023 TO 30TH SEPTEMBER 2024 Restrict fund5 Total funds funds INCOME AND ENDOWMErirs FRON Donabons and le$ 23,585 23,585 Charitable activitie5 Charitable actiwitie5 451.128 374.899 826.027 Other trading actMtie5 Investrnent incorne Other income 47,526 13.146 225 697 47,526 13,146 226 097 Total 1 136 381 EXPENDrruRE ON Ran0 funds 3,230 3,230 Charltable actl¥ltles CharitaNe actiwtie5 379 124 870 689 Totsl 379 124 873 919 Net galns on Investments NEfiNCOMEI(EXPENDmlRE) Tr•nsfrs b•twen funds 336,781 13,8251 332,956 16 N•t m4w•m•nt In funds 332 956 TOTAL FUNDS CARIUED FORWARD 332 9S6 332 9S6 The nots lomi ofthe5e finar1 statements io
BUCKS CCK Cio BALANCE SHEET 30TH SEPTEMBER 2024 Notes FIXED ASSErs Investrnent5 12 89,930 CURRENT ASSE Debtors Cash at bank 13 16,085 322,219 CREDITORS ounts fallirvJ due within one year 14 (79,1931 CURRENT ASSErs 243 026 TOTAL AsseTS LESS CURRENT UABILITIes 332,956 NEf ASSErs 332 956 FUNDS Unrestricted lunds,. General fund Hardship Fund 16 318,251 332 956 TOTAL FUNDS 332 956 The flnan¢bl staternents have teen )alled under the requirements of Sen 144 of the Charlties Art 2011. The ' I ststements were approved by the 8oard of Tru5tee5 and authort5ed for Issue on 29181kn25 . and were Sig on its tdwir ty: S 6eck- Trustee K I HcKlgson - Trustee The nots lomi ofthe5e finar1 statements li
BUCKS CRICK CIO CASH FLOW STATEMENT FOR THE PEIUOD 2ND FEBRUARY 2023 TO 30Th SEPTEMBER 2024 Cash flows from opernting activrtie5 Cash generated from oreratH)ns 316016 Net cash prowded by ow&#)g actwf(s 316016 Cash flows fmm investing acbvibes Purchase ol fixed asset investments Interest received (19,4361 Net cash (us1 in}Iprovided by irweing acbMIs Changé In tash and cash equlval•nts In the reportln9 perlod Cash and cash equlvalents at the beginning of the reporting period 3C6,134 Cash and tash qulv*lerts at the end of the reportln9 perlod The nots lomi ofthe5e finar1 statements 12
BUCKS CRICK CIO NOTES TO THE CASH FLOW sfATEMENT FOR THE PEIUOD 2ND FEBRUARY 2023 TO 30TH SEPTEMBER 2024 RECONCIUATION OF INCOME TO IIEf CASH FLOW FROM OPERATING ArnvrriES Net income for the reporting period (as per the Statement of Flnanclal ActIvIes) Adjustments for: Losses on investments IntereEt rece1 InC35e in debtors InCaSe in crlitorS 332,956 170,494) 19,554} 116,085} Net cash wovlded by operationg 316 016 ANALYSIS OF CHANGES IN NET FUNDS Ai 2.2.23 Cash fk)w At 30.9.24 Net cash Cash at bank Total The nots lomi ofthe5e finar1 statements 13
BUCKS CRICK CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE PEIUOD 2ND FEBRUARY 2023 TO 30TH SEPTEMBER 2024 ACCOUNTING POLICIES Basi5 of preparing the financial statements The financial staterrÈnts of the charityj whKh is a wtit benefft entfjty FRS 102, have bn ppared In accordance with the Charities SORP IFRS 1021 Accounting and RertIng ty a)arities'. Statement of Recommended practi applicable to charib.es preparing their accounts in accordance wth the Financial Rer)ng Standard applicable in the UK and ReputAic of Ireland {FRS 1021 {effective l January 20191,. Financk41 Rwrting Standard 102 The Financ1 Rep)rting Stsndard apKable in the UK and Republic of Ireland, and the CoTllpanie5 Act 2006. The financial statements have been prepar under the cost conventk)n, with the exception of investments which are ilUded at market val, as modifd by the alUaon of certain assets. Going concern At the balance sheet date, the charity haj an excess ol current assets over cUt liats"litres aThJ net assets of £332,956. The financial ststements have been prepared on a goirKJ corThn basis as the trustees believe no materwl uncertainties exist. The trustees have consKleral the of funds held and the experted level of incorne and expenditure for 12 months from authon9 these financial skternents. The budgeted inc(xne and expenditu is SUfft wlth the level of reseNes for the charity to be able to continue as a goin9 COnM. Income All incorne 15 recogni5ed in the Stalement of FinarKial ActNrti85 once the charity ha5 entiuement to the funds, It Is probable that the Income w511 te r&ei¥ed and the amount can be measurtsj rellth. E¥pendlture Liabilities a OgnISed 35 experKliture as soon a5 there is a legal or con#rKtwe oNigatk)Th cornm1ng the char to that exren(Jrture. rt is probable that a tran5ferof ecorK)rnK I$ will be required in settlement and the amount of the obIlgatn can be measured reliabty. EXpdituTe is COunted foron an accruals b$ and has classified under headings that aggregate all cost related to the cate9)ry. Where costs cannot be directly attrlbuted to partrular headings they have been 4lcKated to artiwtE5 on a b.$ consistent with the use of rex>urce5, Taxatlon The charity Is exempt from corFxatkJn tax on ts char6tstle acUv6tk Fund accountlng Unrestricted funtts can te Ltsed in accordance with charitab obJectNes at the discretion of the trustees. Restrlcted funds can onty te used lor partur restrKted pUrF¥Y within the Oblts of the charfty. Restrlctlons arbe when 5peCrf by the dOr or funds a raised for partKular restricted purpy)ses. Further expknatv)n ol the nature and of each fund is iluded in the notes to the financKal statements. Penslon costs and other post-rettremert beneffts The charity orerates a defined contribution pension schen. Corrtrilxrtk)n5 payab to the charftys pensk)n scheme are charged io the Staterneni of Financ*1 A£tivttS in the to whh thty relate. DONATIONS AND LEGACIES tk)natK)ns Paje 14 conunued...
BUCKS CRICK CIO NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE PEIUOD 2ND FEBRUARY 2023 TO 30TH SEPTEMBER 2024 OTHER TPADING AcnvTfiES Shop illCOTT Sponsorshlps Social lotteries11(K) Chjb) 15 39,550 114VESTMeNT INCOME Diwdends rec&ved Deposit account intwest 3,592 INCOME FROM CHARITABLE ACTivmES Actfv Charitat4e actNib"es aritat4e actNib"es ritaNe artNib"es Charirable a¢tNiUes Fees and subxripth)ns Commercial coaching Club- Affilkltions Grants 235,964 244 581 379 826 027 Grants recelved, incl&Jed Sn the attht. are as folkn.. All Stars and naM05 Chance to Shine and Street ECB Core ECB age groups EDI & Communty Emerging Pkyer Perf¢rrnan¢e Coach EducatK)n Bursari Lords Taverners Da'lIty NCCA Funding 2,659 90,023 181.730 80,094 31,505 101,445 29,958 39,215 581379 RAISING FUNDS Raising donatlons and legacle5 Soclal lotterles11(K) Chjb) 15 conunued...
BUCKS CRICK CIO NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE PEIUOD 2ND FEBRUARY 2023 TO 30TH SEPTEMBER 2024 CHARThABLE AcnvrriES cosrs Support cost5 (see note 81 DIrt Totsls CharitatrAe artmties 537 126 SUPPORT cosrs Gjvemante Costs Tota Charitat4e artltIeS 537 126 NEf INCOMEI(EXPENDmlRE) Net lncomellexpendUre) Is stated after chargIn(c1tsng).' Auditors. remunwatKn 10. TRUSTEES. REMVNERATIOM APID BENEFrrs There were no trustees, ranuneratKJn or other beneflts the pthl eThJed 30th September 2024. During the year an amouTht of £16,917 was paKI to SM8 IBuckn'r¥Jhaml rnited in re5FErt of treasurer and adrninlstration 5ervKe5. SMB IBuckiThJharnl timited is a compary owned and cOntrold by Mr S M Beck, 3 Trustee of Bucks Cricket ao. At the year £n4 was owed by Bucks Citket CIO to SMB (Bucklngham) Umttd. Trustees, eXb Total exper6es reirnbursed lo l ofthe trusteesduriThJ Ihe yearended 30 September 2024 £866.51. The nature of the expnses wjas that ol &W)nanCe costs ald mAeage claims and all trustees had their exp*nseg reimbursed by the charity during the year. 2 of the Tru5tee5 had entered aub ICrfJ gxlal durfTrJ the year wlnnlng £90 beeen thern. Thls was paid from the aub 100 lund. 11. STAFF COSTS Wa&Es and Salaries Social security costs Other penslon costs 435,543 31,625 481313 The average monthty number of empbyees duri the was os fdkjws: Administration and coh1ng staff 23 No empltsyees recewed emoluments in excess of £60,CO). Paje 16 conunued...
BUCKS CRICK CIO NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE PEIUOD 2ND FEBRUARY 2023 TO 30TH SEPTEMBER 2024 FIXED Ass INVESTMElItS Lited inve5trnents MARK VALUE Additions RevaluatK)ns 19,436 At 30th September 2024 NEf BOOK VALUE At 30th September 2024 The were no investment assets outsJe the UK. Cost or valuatK)n at 30th September 2024 is represented ty: LtSted invthents Valuatlon In 2024 70,494 If fixed asset investments h&J teen revalwl thry v1 have teen Incl at the folk•wing hL%tortal co.. Cost xed asset Investments wwe valued on an Op Maet ba* on 3(Xh se#nter 2024 by the tree5. 13. DEBTORS: AMOVNTS FALLING DUE wmiiN OME YEAR Trade dettors Other debtors Prepayment5 10,917 4,568 600 Paje 17 conunued...
BUCKS CRICK CIO NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE PEIUOD 2ND FEBRUARY 2023 TO 30TH SEPTEMBER 2024 I& CREDThORS: AMOU14TS FALUNG DUE wrrHIN ONE YEAR Trade creditor5 Pensions payable Deferred incon Accrued exper6es 10.023 2,557 59,696 UThkr l year Over l year Totsl At i Ottor 2023 A&Jitions during the year Amounts released to income At 30 September 2024 59.696 Incorne has teen deferred for cOue fees. pwJnme lees match fees. 1 deferr&J income rdates to unrestrKted funds. 15. ANALYSIS OF NEf ASSEfs BETWEEN FUNDS Unrted Restrtcted fund5 Totsl funds Investments CUrnt assets CUrnt Ilabllitles 89,930 319,152 76 1261 89,930 322,219 79 1931 3,067 332 956 332 956 l& MoveMENT IN FUNDS Net nb)vement ln funds Transfers tween funts At 30.9.24 Unrestrfrted funds r£neral fund Har¢tship Fund ECB CO fundirKJ 399.820 14,705 (81.5691 318,251 14,705 336,781 (3,8251 332,956 RestrlLtsd funds Chance to Shine (3.825) 3,825 TOTAL FUNDS 332 956 Paje 18 conunued...
BUCKS CRICK CIO NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE PEIUOD 2ND FEBRUARY 2023 TO 30TH SEPTEMBER 2024 i& MOVEMENT IN FUNDS- contlnued Net movement in fund5. irKluded in the atN)ve are a5 fLlk)ws: lTrcc4niThJ rur Resources Gains and Movement in funds Unrestricted funds General fund Hardship Fund ECB Core fundiThJ 556,462 22,890 181730 (227,136) (8,1851 259 474) 70,494 399,820 14,705 761,082 1494,7951 70,494 336,781 Restrlcted funds Chance to Shine Engtsnd and Wales Cricket Board IECBI Lord's Taverners- Disabilities Crickei ,423 245,661 194,2481 1245.6611 392151 13,825) TOTAL FUNDS 1 136 381 873 919) 332 956 The purposes for whth the fund5 are hekl.. DESGINATED FUNDS Hardshlp fund- this money Is Irom Bucks Youth Cricket Trust and Is rltvj fen for hardshlp bursary. RESTRicfEO FUNDS Chance to Shlntr Fundlng from CharKe to shIr Is to deler hoo15 & Street wogrammes across Buckinghamshire. Any underspend Incurred as part of the agreernl is dlUcted from future grant payments. In certain circurnstances Chance to shire mjy agree Bucks Cricket carryiThg fgrw4rd the underspend into the following period. In the year to 30 September 2024 there was an Oversp of £3.825 which was absortd by the charity's unrestrthd funds. England and Wales Crlcet Board (ECB) - fundiThJ frryn the ECB to delNer sFecific projects and programrnes including.. Coaching Bursaries Women & Glrfs strategt fundSr All Stars and Dynamos Cdcket- grassroots Fffojramrnes for chlhdren. Emerging Player Prograrnrnes Gir15 and Boy5 County Age Group ICAG} WraMmeS Lord's Taverne- The Lords Tavttners Bucks tiket have entered Into agreaneTrt to dellver Super Is & the SEND programme in Buckn'n9hnshlre. Super Is gNes your¥J peorAe with a disability aged 12-25 the chance to play regular, comwftwe Crke[. The dElwery of cricket in specval educational needs and di5abilitEs ISENDI schools ensures that YOU with a dsatility can avJ•)e in the most apwopriate fom crf cricket. Paje 19 conunued...
BUCKS CRICK CIO NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE PEIUOD 2ND FEBRUARY 2023 TO 30TH SEPTEMBER 2024 17. RELATED PARTY DISCLOSURES During the year an atnouTrt of £16.917 via5 paKJ to SMB {Buckingham) tirnited ITr re5EECt of treasurer and adminlstration servKes. SMB (Buckinghaml tsmited s a company owned and cOntrold by Mr S M Beck, a Trustee of Bucks Cricket CAO. At the year eThJ £n4 was ow&J by &Jcks Crtht CIO to 5M8 {8uckingham) Mrted.
BUCKS CRICK CIO DETAILED sfATEMENT OF FINANCIAL AcrivrriES FOR THE PEIUOD 2ND FEBRUARY 2023 TO 30TH SEPTEMBER 2024 INCOME AND ENDOWMENrs Donatlons and legacles Donatyons 23,585 other trading activities Shop incorne Sponsorships Social lotter5 Illj) Clubl 15 39,550 47,526 Investment Income DNidents received DeF¥)sit account interest 3,592 13,146 Charltable actlvltles Fe and subscripb'ons Commercial coaching aub- Affilkatbns Grants 235,964 244 8,440 581 379 826,027 oth•r Intom• other income ReseNes transfer BCB Ltd Reserves transfer BCCC 247 196,366 226 097 Total Incomlng resources 1,136,381 EXPENDITURE Ralslng donatlons and 1•gacl•s Soclal lOtterS I1 Clubl 3,230 Charltable actlvltles Match costs and ground hi Coaching and tutodng Catering costs Kit- Bats, balls, troph Kit- Clothing Sportshall hire UrnpSres and scorers Coach educats.on Staff - Mileage Tour5 and fe5b.vals Staff tralning and development Meal alk)wance Pitch inspectior Carried forward 69,520 26,411 9,172 15,392 6,390 84,084 9,284 3,773 50,996 34.077 9,689 546 450 319,784 This page rM)t form part of finarKk4 $1atement5 21
BUCKS CRICK CIO DETAILED sfATEMENT OF FINANCIAL AcrivrriES FOR THE PEIUOD 2ND FEBRUARY 2023 TO 30TH SEPTEMBER 2024 Charltable actlvltles Brought forward EDI & Corntnunty projeds Hardshlp Fundlng ReSmbursement 319,784 5,594 333,563 Support costs Management Wages Social securty Pensions Insurance Mobile phone costs Postage and stationery Consultanry Meeting costs General exk*nses Storage Sothare and cowmatle5 Website Reward and recognStk)n AdmSnistration- mlleage 435,543 31,625 14,145 1,966 1,657 6,773 16,917 6,456 880 140 6,366 615 1,037 220 524,340 Flnance Bank charges 1,327 Governanu costs Auditors, remuneratK)n AccountsnLV and legal fees 5,760 Total resources expended 873 919 Net Income This page rM)t form part of finarKk4 $1atement5 Page 22