Croquet England cio (Charity Number 1202444) Trustees, Annual Report for the perlod 01 January 2024 to 31 December 2024 . Contents Objèctives and AtUvfties...-... Achlevements and Perforrnance... Financi21 Review....-... Stwrture, fj0vernan and Manag2ment....... . Reference and Admimlstrèiwe det3115.. Oec13ration5......-... Objectives and Activities Summury oAthe purp05e4oAthe charfty as set out in its governing document The Croquet England ao haststo prlmary purposes set out in our Constut10n The promotion of commun5ty participaiion in healthy recreatlon in particular by the provi0 of facilleS for the play8 t)f Croquet. The advanrEment of the amateur sport of croquet forthe public benefit by the provision of factlitiesfor partlclpation in the sport of Cr¢)queL Summary of the moln ortivities in relotion to those purposesfvr thepubli£ benelit in purticuldTr, the artlvlties projects orservRce5 identifiedin the accounts. Croquet England took over th2 operations of it5 predecessor organisatlon, the unirycorporated Croquet Assoaation. on l January 2024. It [5 the Natlonal Governing Body for the spurt of croquet and as such, it.. liaises vJith the Wortd Croquet FederBtion on particapation In intemalional tournaments and OrganItIon OT those held in England. orEanises national toumaments,. promotes re8ional and local tournaments 3nd operates a tournament entrv Svstem for club5 to use. make$ 8rants and loans to dubs to support the establishment of clubs andthe develDpment of clubfadlltles Ifurther details belowl. andto amateur p13yeTS Io SUPPDrt partTdpatlon in comFetstive croquet in particulr by youn8 players.. publishes 3 b14nonthly magazine, a monthly e-newsletter. fegular websste updates and press releasès to promote awarenes5 of and interest in croquet- accredits fOret$, coaches and handlc3ppers to support the playing and developmÈnt of the sport In addttion. Croquet England operètesa shop gupplying croquet equipmentand rèlated produtt5 such as clothlng to clubs and IndIdUal5, both subscribers to Croquet England and the general publlc. Grants awarded durin8 2024 supported Improvement5 tDfaulities ITisbury, Nottlngharn, Hove Bèach, Cheney, Chichester and Fi5hboume, Crag y Don, and Ben Rhyddingclubsl. su5t8lnablllty IW2tford and Coinwall dub51 and access INailsea club}- Croquet Ingltsd CIQ,. Fl¥lstered In England & Wales (No. ]2024&41 TIIF.. Qoquèt Ernand logo is a register trademaTk Patyon: HM King charle5111 Pag& l Erf-:
Crcquet Ingland Trust AnDLial Aep(wt 2024 Statement conflrming whether the trustees hqve hadrÈ9ardto the guidance issued by the Charlty Commlsslon on publlc benefit Tho Charlty Trusteps use thè material issued by the Chartty Commlssion. As wéll as gener31 advice and navallon to the Charlty CommlssSon's websltè artd associated guidance, our Guide for Croquet England Trustee5, which is issued to all new trustees and Is available to thtsse considering applying for a role, includes specific references to CC3a, CC4. PB2 and PB3. Policy on grant muklnq Croquet England provides financial support to develop croquet In all forms through 88ining mole membeis plawng in improved facilTties at more locations. whlle encoura£lng a more diversè and inclusive membership. Financial 5LlPPOrt 15 av8ilabSe. through grants and loarts, io Croquet England's Affiliated Clubs, including those wlLh an educatianal affili?tion. to help them develop croquet for the public benelit.. The prttvision of initial equipmeni andlor grants and 3 reduction in initial aftiliation fees to help crUet aub5 betome Estè15hed. Grants to existlDg Clubs to finance the improvement of lawns 2ndlor essential ott-court facilitiès., To pvenL the closure of an exlsting Club orto help the re-establishment f an e>isiing Club after relocation. Loans to new Clubs or exISng Clubs Grants. which are limited to 50% of the cost, are tnade for special projects Ènd notordinary runnlng cDsrs. Loans are Interest-free. Flnancl31 support is also available to indIdUal$, through bursarles to PDt2nti21 international players, with preferencÈ givèn to applicants 28ed under 25, and through sponsorship to assist players under 25 to join more than one club. Contrfbution made by volunteers Croquet England is a primaiily volunt3ry organig3tlon, with over 100 volunteers seNng as Trustees, members of the ExecutNe, a member of a commltteeor anothervolunteer role. Many hundFedsof people volunteer in sUPPOrt of some of our affiliate clubs and In support of croquet events across the country. The commitment and dedi(2tSon of our volutttee¥s, which 15 essential lo the smotsth runnlng of Croquer England, 15 8rèatlyvalued and appreciated. Athievements and Performance Summory of the maln uchlevementsof the charity. Identifylng the dlfference the charirfs work has mode to the clrcum5tttes of its beneAlrJarles and any wlder benefits to society as a whole. Croquet England was establlshed as a Charitable Incorporated Organisètion in 2023. During 2023 plans wer2 set to Iranslerthe operations of the predecessor organlsatlDn (the unincorpordted Croquet AssocIatlonl as previously approved by mernbErs of the that assodaiion. In parallel, workwas undertaken to ensurethat the new org3nlsation established a robust foundation for thpfuture. The primary objectives set by thetrustees for 2024were: Succ@S5ful migration of day-to-day operatlons from the Croquet Association to Croquet England. Conductlng a review of governance against both Charlty Commlssion arsd Sport England Code of Sports Goverriance and irnplementlng improvements. Estsbllshmènt ol a Strate8y for Croqutt England. Achlevemen¢s ugalnst obiertivesset Operaiions were mi8rated from the CrDquet Assoclatlon to Croquet Eng13nd with minimal disruption to d3y- today operatlons. Tht first major milestone in 2024 wag the launth of the annual talendar of events on I February 2024. The Second major milestone vrd5 the holdlnE of our first General Meeting of Members on 16 Marth 2024. A further General Meeting was held on 12 October 2024,. this 11 set the pattern for Annual 6eneYal Meetlngs Intothe future. P2y,* 2 ttf 7
CroqLiet Ekigknd Tru5tee5 Aiinual Report 2Q24 As expected for è new organlsat(an a number of gaps In e5tabli%h& govemance processes were identified, and all priority issues were addressed. Slgnfficant stéps In 2024 Induded the publication of rule5 rElating to the conduct of AGMS. 8 Volunteers Charter and an updatèd practi bookand stsndin8 orders. A risk rleW was conducted, review and L5se of whith Is now a reÈulaY part of operatlon81 actNity. The Croouet England Strategy to inspire a new generatlon of players in a safe, incluslve and diverse communlty was publlshed in Au8USt 202o sets out seven themes Iplay. volunteers, safÈtVi Incluslon, wellbEin& fundln& and su5tainabilityl to help meet a vislon of more people. playing more croquet, in more laces. In N¢)vember 2024, the following objEdives were agreed for the comlng yèar.. Extendlng the detail of the strategy. to include measures of success and relate pdoritiÈs Establlshlng Trustee election5 a5 businEss-as-u5ual Succession planTrin& In particular for key ro1&5 5u£h as the Chair and CEO Continuing progre5StowardsTier 3 of Sport England's Code for SpoTts Governance PerfotTronce ufAundn7isiny uttiviÈiesopui115tobjectlvesset Croquet En8land did not undertrdke attive fundralsing wlthln the scope of the Fundrzising Regulator duylng 2024. Our planned incame 3rises through four prirnary sources: Player and Club subscriptions shop income Tournamènt Income AdveTtising and sponsorshlp All have perforrned broadly In accordance wlth the budget. Investmentperfvrmuncè agalnst obJe¢dves Croqltet England Invests its reserves In Iow-risk accounts, with a mixture of varlable and flxed intèrest rate5. All performed as expe¢tÈd. Other None Flnanclal Review Revlew ofthe churlty'sllnunrialposition at the end of the perlod The tharity recorded 8 surplus of £164,631 for the year on its 8eneral Funds before galns on the revalLJatlon of assets in it5 fiist operational year12023: deflclt of £3181. However, this included £147.361 of donatlons from the charity's predecessor organi58tion, the CroqUetAgsLlat10n. Excluding those transitK>naS ts7rn5aCtitsns. Eener31 fund income wa5 £17,270 in exce55 of generdl lund expendItu. Incorne aCfOSS all fund5. befo recognlsed galn&and10sS, totalled E832.15212023- £1201, and exndIture amounted to £485,06812023- £4381. £337,401of that income rèpresented donations from the Croquet Associ3tiDn. The Statement of Financlal Actlvitlés ISOFAI for the yezr shows a net surplus of £347,08412023.. defitlt of £318) before netEains and10s5es tsn the revaluation and sale of investments and the revaluatlon of fixed 2%5èts. NeL 8oins on invesitnents tolalled £39,63212023.. £0) and the w3s a nev4 8ain on revaluation Of flxed assets of £180,g)612023.. £01. As è result, funds increased by £567,622 from £318 in deFicit to £567304 in surplus. However, this was almost entirely dve to the transfer of assets from the Croquet AssrKiation and revaluation of assets and was thèrefore exceptional. for the first year of operation only. Thè gatest part Df the rev2lLration was forthe offlce premises, previously held by the Croquet A550clatlon at a deprlated CDSt £12.750, bLkt valued in March 2024 at E175,(KlO. A brg2dly balahced budget has been set fol 2025. Page3of7
Crtt4uet ETrE13nd Truste&s knnual Report 2024 Statement explaining the policylorholding reserves statlnq whythéy are held ReseNes are unencumbered assetg that an organtIOn maintains over and above th052 required for day-to-dav operdtions. Reserves allow 0quet England to deal wlth unexpected events causing large items of expenditure or è fall in incorne. Croquet EnEland has a stable Income gtream from multlple SoUrS including individu21 subsuiption5. Élub subscriptions, toumament entry fees and its shop. It Is in control of its routine e¥penditure and budgets effectiv-ly on 3I18nnual basis to operate on an underlwng breakeven basis. Given the current scale of Its actlvitiesand stable opèr2tlng modÈl it h25 been determined that the appropriate level of reserves fDr the organisatlon Is of Its Eross annual income. This sum is believed to be sufflclent. togethér wlth our insurance, to ensure that theorganisation is resilientto all but the most 5Tgnifirènt financial risk5 that It faces. It also recognise5 the f6ctthat the organisation is very reliant on volllnteer effort$ and that it may on o¢caslon need to be able to resourts one-off projects or increase its professlonal base. This level of reseryes should also provlde ihe necessary 5VPPDrt for anysuch thamEes in the shortterm. whllst income and 2xpenditure are rebalanced for the Songer term. These rE5Erves Should also provide confSdence tothe menibership and other stakeholders that the or8anlsatlon h35 a sound financial base. Funds in exce55 Df the reservès aye managéd bythe Executive through the annual budgeting process, which Is approved bythe Board. The Special Funds procedure outllnes howsome of the excess is allootèd and managed. Amount off reserves held Croquet England holds reserves of £200,835 whith represenls 41% of our gross annual income excludlng don2lion5 from the Croquet AssoclaUon. Detwls ofJundsMoterlollylh dÈJlclr Not AFtplicable Expl(4nrtion oAtWry Imcèrtalntlesttboutthe churity rojrtlhuing os trgoing concern Not Appllcable The choritS prihdpolsources oAfvnd5 lincluding anyfvndrnisingj The charlry has stable Income streamsfrom sources Includlng Indivldual subscription5, club subscriptions and tournamententry fees ahd lewe5. Other sources of incomÈ include shop Sales. advertlslng, spongorshlp, and donations (including leBacie51. Investmentpollcy and objedives including uny social InVestnnt policy adopted Croquet England invests tts regetves In low-risk account5, Wlth z rnixturÈ of variable and fixed Interest rates. Our Finance Policy determines thai funds are distrtbuted across Institutions Wth no sin¥e account eXedIng the Ilmits of the Financial se5 compeSatIon Scheme. The appli£ation of this principle [5 set out In our Fln3nco Polky, whith include5 our reserve policy. Pa¥e4oT7
EN Croquet England Ttw¥tees Anllual Report 2924 A description of the principol rfsksfvcing the charitv The Trustees are responsible for the identification, mitwation andlor management of risks. To achleve ihls. 3 register of all the rlsks identthed Is malntained and, a5 part of the register. a management mltlgation strategy. Ihi5 is sybjert to revkw by the Trustees on an annual basis, with iÈSPDnsibTrlity for delivery of the mlt(8ation strategle5 deleEated to the Executive. The register ident(fles rlsks In the areas of nancial stafflvolunteers or8ani5ationallgovernance enviroNrnental/physical technologlcal clubslfederatlons tnembership competition. The principal areas whére the risk of eitherfallure to attor the impact of events is considEred 'high' and the asso¢lated mitigation strategies are.. Shortage of volunteers at a national level. riskfng the ablllty of the org3nisatlon to carry out its business given the lev&1 of dependency on volunteers. Croquet England has 8 goal of achlevlng extemal fundinB in future to enable more staff to be recruited and reduce the dependence on volunteers, but meanwhile attention is bein8 pald to SLKcession planning ènd developlnE pathways for volufitéers. Loss of key personnel, includin8 tr¥steesand officers, Executfve Direttors, a)mmlttee chairs, offite staf* and indlvlduals wsth key sknlls. Vacancie5 aTe filled through advertising $upported by headhuTrtin8 Within plaiiing networks. Contlnuity planning is underway, with a focu5 on ensurtng mvltlple people have thè 3ccess and tralnln8 neéded to support crrfcical functions. and increaslng levels of documentation of details of pro$Se5 and procedures. Aging dernographic, which Impact5 not only on players but a150 on admlnlstratlon, Ilnking to the risk of shortage of valunteers. Recrultment is a constant focu5 and a Next Generation scheme alms to introdu croquei 10 younger players. Structure, Governance and Management Descrlption OJ¢harlty's tn15ts.' None Type of governing document ftn15t deed myul churter) Constitution How 15 the churity constituted? (e.g. unincorporoted association. CIOI Croquet England Is a charable Incorporated Organisation ICIOI Trustee selertlon methods Includinq details oAony consfftutlonulprovlsions e.g. election to post or nome OA uny person or body entitled to oppolnt one or fflore trustees Clausé 13 lal of the ConstitL¥tlon provldes that the elected trustees shall be elected by the votlng mèmbers of the charity in 2ccordance wth aause 13ldl. Thè Board has decidÈd that there should be 6 eletted trustee5. Clause 13ldl promdes that each elecied chartry trustee shall be an ihdividu31 member of the ch2rlty. eSected to represent the members in hi5 or her regional constkuency. aause 13lbl provides that the elected chariEV trustees appoint further charitytrustees to ensure that the BoarLI of TTU5tees has a dwer51ty of background and experience, aause 1311) provides that the members or the charity trustees rnay at anytime decide to appoSnta nÈw charity trustee, whether in Pla of a Chaty trustèe who ha5 retirèd Pa8e5ff Y
Croquet TrLJStees AnrKval Report 2024 or beeEt removed In accordante wfth clause 15 (Retirement and remi)val OF charity trustees). or as an addition81 charrty trustee. provlded the Ilm5t specffied In clause 12131 on the nurnber of charity trustees would not as a resuh be eXe. Policie5 ond pmredures adoptedfvrthe Indurtion and tralnlnq ol trustees A guide for Croquet England Trustees has been PToduced. This Èn intended tts act as a guide to people thSnking about becoming3 trustee. and a5 an inductlon guide for new trustees. It includes an inductitin checklist which Identlf5es key Croquet England and Charliy Commisslon dOCMents with which Trustees should be familiar. The charitV'5 oryanisotionttl strurture ondany wlder network wlth which the thority works The BDard of Trustees 15 the ultimate decision-making body. It is accountableto the Charfty Commlsslon, a5 w&ll 3%to thé croquet p12Ylfl8 cornmunity. For e*ficient running t ha5 adopted a Set of Standlng Ordéts. In prattice, the Trustèes Ilmlt the1ve5 to deciding on, and reviewing, Strategy and gener81 pollcy, uslng their powers of delegaOn to appointthe Executive. The Executlve dealswith the day to day running of the organisallon, asslsted bya rallge of tommh1ee5 to whith li further delegates business. The mèmbers of the EKecutive are appointed by the Trustees. Thls includes a Chief Executivè Offlcer, 2 Treasurer and 3 Secretary. One of the Trustees lusualwthe Chalrl Is also a member of the Executivè. The Executive has adopled 8 Practice 8ook that dpfines the roles and responsibllities of the various committees, panels and indwiduals appointed by it. Croquet England also works wlh nine regional Croquet federations and 224 affillat& dubs to achleve tts objective5. Durlng 2024 we were pleasétl to welcome Gransden Bowls and Croquet, Brlghton Collége, The Old Brentwoads ènd Wést Merse3TenTris 2nd Cr(4uet. Intematlonally. Croquet En8land 15 a member of the World Croquet Federatlon whose vlslon Is to make crtsquot a well- known, well-undérstood. well-respected and well-SUPPOrted sport in coun1rles thrtsughout ihe world. Reference and Admlnlstyatlve detalls Ch3ri1V namÈ Other name thè tharlty uses Croquet England The pred2cessDr organisation was the Croquet Assoclatlon lan unlAcorporaled association Registered tharlty numbey Charitys prinapal addres5 1202444 Croquet England Old Bath Road CheltÈnham L53 7DF Names of the charity trustees wJ]o munuge the churlty Number of Trustee meetings attended In 2024JNumber meetlytgs held during dates actsd 618 818 818 718 618 718 718 618 016 Dates acted if not for wltole year Office lif anvl Trustee name Peter Mlthael Allan GeorEe Ketynh Collin Samir Raman Patel Andrew Kenneth Stewart Robln Taskèr Brian Wilson Carol EVÈ Driver rimoth DAartin Kin Stuart M Smlth Chalr ce-chalrfrom 15 Marth 2024 To4 November 2024 Psg@6of7
Croouet England Trustees Attnual Report 2024 Declarations The trustees declare thai they approved the trustee5' repDrt 3bDVe. Slgned vn behalf of the charilvs uustees Signature Full Namelsl samir Patel PDSttltsn Chair Df the Board of Trustees Oate 13 October 2025 P¥4e7017
CROQUET ENGLAND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 INDEX Page Independ8nt Examiner's Report ststement of Flnancial Acliviti@s Balance Sheet Ca$h Flow Satement Noles lo the Financ5al St8tgm8nts 15
Croquet England Accounts 2024 INDEPENDENT EXAMINERS, REPORT TO THE TRUSTEES ON THE UNAUDITED ACCOUNTS OF CROQUET ENGLAND I report to the ch8rhy trustees on rny examination of the accounts of Croquet England for the year ended 31 December2024. Responsibilities and basis of report the charity irustaes of the charity you are responsible for Ihe preparation of Ihe accounts in accordance wlth the requ1ments of the Charities Act 2011 (Ihe Act.). I report in respect of my examination of the Trust's accounts carrled out under saclion 145 of the 2011 Act and In carrying out my examination I have followed all applicable Directions glvep. by the Charity Commission under section 145(5Xb) of the Act. Independent oxamingr's statemont The Gharlvs gross income exc8eded £250,000 and l am qualified to undertake the eXaminaln by being a qualified member of the Instituta of Chartered Accountants in England and Wales. I have c%)mpl8t8d my 6xamination. I confirm that no material matters have come lo my att8ntion in connectlon with the examinatlon giving m8 cause to balieve that in any materlal respect: 1. the accounting records w8r8 not kept in aGcordanca with section 130 of Ihe Act., or 2. the accounts do not accord with the accounting records., or 3. the accounts did not comply vlth the appllcable requlraments conc8ming the form and content of accounts $8t out in th8 Charitias IAc¢ounts and Reports) Regulatsons 28 other than any requirement that the accounts give a 'ttue and fair, Mew which is not 8 matter consldered as part of an independent examinatton. I have no concems and have corne across no other matters In connedon with the examination to which attention should be drawn in thls report to enable a proper understsnding of the accounts to be r8ach8d. C R Tyler FCA DChA FCIE F1 CRT LimSled Chartered Accountant Flat 24, W&lllngtonSa Court L8in6 Close Brighton BN16TD Data.. Payl0!15
4 2iJ CROQUET ENGLAND STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 SUMMARY INCOME AND EXPENDITURE ACCOUNT Unrestricted Note funds fund$ fuhds funth Totsift¢nds Tots4 fund 21)24 2024 2023 IncomFng rpsouYce$ Income ndowmentsfrom: Donatn$ and lagad88 Charitable 8Ctvities Ott)ertralltVJ acte$ ImrestnEnts 147,361 481,990 2,570 5,604 73 637.698 170,817 3.449 18,80& 340,238 481,99) 2,5TO 7,283 73 B32.I52 80 1,67 40 Total Incorne 170,617 5,128 18,809 120 Resou$ •xp8nd6d Exp8nditure on: CharitsL4e activities other Total ExpgndiAu 468,092 4,875 472.967 11000 101 480,193 4,876 485,068 438 12,OtMJ 101 438 Net incornellexpendiiufol b•lore Inv88tmonl galn$ Net gains cn investn Net incon[exp¢ndj1UreI aNI n&t 111¢4vem8nt in funds forthe year TrsterS bÈttveen funds Other reGo4nbed galns: Gains and losstss on revaluatk)n of fjxed 8ss0is IiYth8 Use N2t mo¥em8nt in fund8 164,631 15&617 5,027 18,809 347,OB4 39.632 13181 204.2f 13,110} 156.617 3,110 5,027 18,Bog 386,718 13101 180.6 567.622 201,153 342,633 5,027 18.609 (318 Raconciliation of fvnd¥'. Total funds broughtforward Total funds ¢aTrlod f4)rward 318 200M35 318 567 304 342.633 1318 ONTINUING oPETIONs None of th8 Charity's 2Ctwities were (>%onllnued durlng 2024. TOTAL RECOGNISED QAINS AND LOSSES Thè Charfty has no recognised 9Èins orlDSS otherthen the abov8 nK)vemgnt in fiJnds In 2024.
CROQUET ENGLAND BALANCE SHEAT 31 DECEMBER 2024 UnTO#rkted tten De$lgnatsd RDKIAGt•rl fundÈ ftsrWJ 2fj24 2JZ Ttstallunds To1$und 2024 2023 2a24 Flxed asxls lanyknle assels Tattglbleassèts TrDpli& v8BiM4tts Totolflxed e•set• 51a 4.9)1 513 179,gD1 540 tD 175.OLYJ 6&111 12 30.2Z6 3.128 3.128 18AQ9 18109 163 300.688 241111 $40 Currtnt¥ad% Sttsd Loan5to clubs Debtors Cash al bankaDd in TO1 GurrentaS8cIs 13 14 15 77,Bgi 24,0 4T,52a 143.2Q9 293,oa8 77.691 24.eNI 373 241.796 354.459 2.404 6843 70S47 a6,7 99,K2 IM99 CYe(ItDrs'. wnDuntsfalliwducwithin 16 127,843 155195 2WP35 342,e33 127.843 256,e18 71.805 Net currenta$s•tJlI14blljÈl 1,899 5.OZI I6.9 567,304 13181 Fundk of Chavlty 17 4128 iÈ,p 24237 1.89 6438S8 $61,304 Rlstrtrtod funds UNeslFktsd ldI T(AI q7 17 235 QA35 S42,3 318 318 TSe$0 11 OCtor 2025 *Thlnb8by'. . S4UIR PAT[£n}
Croiiu.t E..iJl4Fid h&wuFtts 2.1 ENGLAAiD CROQUET ENGLAND CASH FLOW STATEMENT FOR THEYEAR ENDED 31 DECEMBER 2024 NotÈs 2024 2023 Cash flows from operatlng actlvldes includlng CA donatlon: Net cash provlded by lusod In) opèratlng a1VitieS 18 Is267 69.083 Cashflows from Investlng activftlos Dividends, interest And rents from investsments Purchase of propBrty, plant and equipment Pro¢eedg from s819 of Investrmenls Not cash provided by (used In) Investlng actlvltles {3.229) 16.332 20,386 1540) 1540) Change In (ash in the tBporting period 173.253 68,543 Cash at 1 January 2024 68.543 C8sh at 31 December 2024 241,796 ,543 Pa#e4ofl
r.¥wiJor kn813nd AtCCtii,-- ENGLAhlD CROQUET ENGLAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 BAS18 OF PREPARATION OF THE ACCOUNTS Basis of accounting Thege accounts have been pr8par8d undgrthe htorICal cost nVentIOn wlh items reGniSed al rx)st or transaction value unless othernise 8t8t8d In the ralevartt nolels) to these accounts. The accounts have been prepared In accord8nce with.. the Statement of Recommended PractEce.' ACCUn11ng and R8POrting by Charities preparing their accounts in aecord8ntte the Financi81 Repong St8n¢Jard applicable in thg UK and Republic of Ireland IFRS 102) issued on 16 July 2014. the Flnanclal Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 1021. and with th8 Charities Act 2011. The Charity was fomiad on 22 March 2023. The Charty constilules a publtc benefit entbly as deftned by FRS 1D2. The trusts8s consider that there are no material uncertainties about the charitys 8billly to continu8 as a golng concern. The accounts are prepared In slerlina, whlch Is the functional currency of the charity. MonetsD/ amounts in these linancl81 s181ements are rounded to th8 nearest £. ACCOUNTING POLICIES INCOME Recognilion of income These are inGluded in the Statemenl of Financial ActMli&s (SOFA) when: the CharY beceS entitled to the re8Jrces,. It Is more likely than not that Iha Irustees will receive the resources,. and the rr3¢Jnelary value can be measured with sufdenl reltability. Offsettin9 There has been no offsèttiry of assets and liabilitles. or Income and expense5, unless r8ouired or pemiitled by the FRS 102 SORP ¢x FRS 102. Grants and donations Grants and donations are only included in the SOFA when ihe general income racc¥Jnilion crit8ria are m8t (5.10 to5.12 FRS102 SORP). Gov8rnmgnt gTants The Charty ha8 not recefved govemmenl grants in the year. PaLie 5 of 1.5
ENGIJ4ND CROQUET ENGLAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 Shop Income and expense5 The shDP is used wedomin8nlly by the charity for charitable purposes, so shop income and expenses fall within Gharitable activities, not trading 8ctlvleS. Donated g{d5 Dc>nated good8 for resale are m8asured at falr value on initBI recognitiDn, which is the expected proceeds from sale less the expected costs of sale, and recognised in'lncome from charitable tivitses, with the corresponding stock recognispd Sn the balance sheeL On its sale the value of stock Is Gharged againsl'lncome frum tharitable aclmlies. a1 the proceeds from sa16 ar8 also reccrtjnised as 'lncome from chaTitable activities,. Q*ods dortaled for orwÉng use by the ch8rlty are recogn19ed as tanglble fix1 assets and Includ In the SOFA as incoming resourcey when eIVab. Voluntser hdp The value of any VDlunlary help received is not Included in Ihe accounls but is dascribsd irE the tnJsle6s' annual report. Income from Interest. royaltlès and dividends This is ineluded in the accounts when relpt Is probable and the amount receivable cen be measurwl reliably. Incomo from membgrship subscyiptlons Membership 8ub8cripllons whiGh gives a member the right to buy setViCa8 or other ben8fl1s arp recognised ag income eamed from th8 provision of goods and 5eNic2s. Investmant gains This Includ&s any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting fft)m revalulng Investrnenls to market value al the ènd of the year. FRS 102 provides that investments should b8 shown as fixgd assets al their market value. EXPENDITURE AND LIABILITIES Llabllity recognitiort LiabileS are recognised ereI more likely than not that there is a legal or con8lructlve obligation committing the Charty to Pay out re80urces and the amount of Ihe obligation can be measur8d with r8asonable certainty. Credilors The Charity has creditors thIch 8re measured al settlem8nt amounts less ary Irade discCnts. Basic financial inslruments The Charity aeLounts for baslc flnancial instruments on initial recognition 88 par paragrath 11.7 FRS102 SORP. Subsequent me&9urement Is as per paragraph5 11.17 10 11.19. FRS102 SORP. Patse. f> of ir
CROQUET ENGLAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 ASSETS Intanglblg flxed assets The Charity has intangible Tixed Ag8ets. that is, non-mong18ry ass81s that do not have physical substance but are identifiatAe and are conlrolled by the chaty through custody or legal rlghts. Amortisatlon Is charged as follows: Trad8marks 5% straighl line Tangible fixed assets These 8re capitalised If they Gan b& used fDr more than one year, and cost at least £500 Th8y ara valued at CCJSt or valuation. Depreci811on is calculated so as to write off the cost Dr valuation of an asset, leys Its eSti.8ted residual value, over the useful enoMiC Ilfe of Ihat asset as follows= Propprty Flxture8, fltting$ and equipment No depreciation 33% straight Ilne Trophies Trophies are 5ncluded Sn the balarK8 sheet al their estimated scrap value. -K*7ofl
CFO4&1 EwrA1ts?a24 CROQUET ENGLAND NOTES TO THE ACGOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 3 Anatysls ol lttcoma Lknr05tflcloil lu14 egnutl Desiwated REslriGted Iwid6 lunds Analy3iS 2024TotÉl lT&I OoR3lionJ 8nd1¢o•CS. &)cd8 donated bythe Crcouet A8w¢tjn 0r dmalA$ Ilom Ihe cWthIAg60tik)n 71871 76,871 68,490 167.782 3.449 18. 258h30 2.835 Total 1&e4 340.236 Ch•rftablw octfvllle¥'. Subscllptiony Shoprevenue ToyitkmEnis Adv8rtKkng. ÈpJn8orANp m$rkèti Tutsl 177.410 239.165 54.547 17T,410 28Q,165 54,647 10 888 Otherfrathny Xliv'. CA)tpurafe event8 InIre 1,600 970 2.5TO 1,800 970 2.670 Total Incom•frorrtlii¥96tsTh4Ms: Inter25t inLw rotal 40 40 5.604 1.679 7.2 oth Tolal 73 73 73 TOTAL INCOIIE 12D AlIlTrcom In th pFk>ryearwa5 unraslvKt¢d. IheCmquetAJsDdaOon&ry d57* Ihi)Jll InthèvBlatsd partyiiot& (n(44 19) 8 of 15
CrO4&t Engsnd &£crlS 2024 EhlGI.AND CROQUET ENGLAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEIJIBER 2024 4 Analysls of expendlture Unrethcted fiJnd8 Qeneral l)eslyned ReEtriclvd fukyds ftmds Analy818 2D24Tol•l 2V23 Tolal ExpeFKlrtuft on ¢harltsbleoCtivitia'. Slw)p purthaÈ88 81hJp carr&gge outwards Shop advertising Sp tmsa¢it>n c(Ists Othershjp CrfS Granis but5aries award Club imuranGe 3¢homo PublicatKSnS Taurnsment c(t8 Slaff CDsts ?d honorBriO Offlcé overhwdds Coathinu, mrkeling dovdopmeni International Saféwardlng Bank chgroe$ e¢la[h)n and amrti6alkJn Sundry expen8e8 T(ts1 oypendlturè on charltable actNitte5 145.268 12.856 14.224 8,160 1.&52 50,983 145,268 12,858 14,224 6.160 1.852 50,983 10,091 32,340 32,751 1D4,275 30,070 22,678 8,0 2,396 3,929 8,379 343 480.193 32340 32.751 104,275 30,070 10.678 347 12,0(Ml 2,396 3,9 6.379 242 468.092 78 1L11 101 12,OLNJ 428 Othereend[lra GovÉmaKa costs Profe55toro1 f888 rFAirate event costs Ttsial tsth o¥p8ndllur& 2,334 I.J8 635 4.875 4,875 TOTAL ÉXPENDITURE 472,*7 12.QLKI 101 48,( Pgip 9 0115
Cy¥)4U6t England A¢cowts 2024 CROQUET ENGLAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 5 Fees for examination of the aecounts 3024 2023 Indendent 8xamln6rfs faos i.soo 6 Staff costs and honoraria 2024 Salarles 8nd wages Staff soclal $8¢LSrKy costs Employers allowance Sl8ff pension cost8 {delin8(J rx)ntrlbulkJn schemg) Honoraria paid to office holders Total 90,000 8.848 17,212) 2,139 10,500 10 275 No empk)yeps receNed Employee benefrts (excluding employer pension cosl8lfor the year of I1n £60,0 No key manag8m8nl personnel (Includes trustees and Senior managetnentl are employe88. 2024 2023 Totsl amount paid in hOraria to senior management fty their seMLY8 to the Gharty 10,500 8.1 Averago hèad count in th8 year The patts of the charlty In whlch th• 8mployees work IDfflEe holdeTS ntst employees). 2024 Number 2023 Number Chorltsble Acti%19 Total 7 Defined contrfbullon pen81on s¢hame 2024 2023 Amount of contiibutions reeognised in the st8tement of f6n8nclal acbvttles as an expense 2.138 The charÈty18 reqUIr to wovlda a defined contribjtion pension scheme to our employees. The 8xpsns& 16 fund8d from ueneral funds. No pension paynts are made to Iru8le&s or dire¢xors. Paue fjo cf I
Cnsqurt Eno12nd AeAthnts 2D24 rROWEr CROQUET ENGLAND NOTES TO THEAccouKrs FOR THE YEAR ENDED 31 DECEMBER 2024 8 Grarrtmaking .1 Analysis of grants aw•rd¢d Oncluded In cost of charltable actMtle8) Grants to Grants to club$ indfvlduals AnatysiJ 2024 2023 DOlopmnI grants stsrtormarfcetlng yranta stsrterequipmentgr8nls Bursalles 44,(X)O 300 2,308 300 2,308 4.375 50,983 4,3T5 4,375 T4)tal 46.608 8.2 Grants awarded of£l.000 orweater awa&d Nama ol club Watford Icassioburvl Nottingharn Tisbury Hove Beach cornwall Nailsea & Olstrl Cheyney Chkhester & Flshboume Ben Rhyddin8 Craig-Y-t>on Total grar)ts lo clubs In 2024 other unan8lised grants TOTAL GFiANTS AWARDED Purp05B SUPPOrted Irrigatlon SystÈm Lawn levelllng Cabin PavElln Land Purth3se Car Psrk Equipment Shed Clubhouse Lawn Iwellln6 Clubhouse 5.000 5,000 S,tSOD 5,000 5,OOD 5,noo 3,000 5,000 5,000 1,000 4,000 6,tt83 9 Intongible assets Net Bopk Value YrJ0>7ra.. ks" Al 1 January 2024 Arnortisst1c charge At 31 Dmbar 2024 540 {271 513 Pa9p 14ofl5
Cujquèl Eiihri¢J AtrtyJLkiits' 2.4 ENGLAND CROQUET ENGLAND NOTE8 TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 10 Tangibla fix ass•tS Eas4hold Flxture property artd fittkngs and Improvem8nt8 oquI)m•nt To'tsl CostNaluatron At 1 January2tr24 Addib'onÈ donatèd by the Croquet As8ociabcm at 12.750 21,476 3,229 24,L?8 3,Z29 162,250 111,2881 ¢)ther additions RevaJuation$ DistKJs8ls At 31 December 2024 162.250 (11,2891 14416 175.000 DepreEiotlon At l January 2024 Accumulated depreciation on ossets donated by the Croquet Assoaation DIsposals D8preclaUon dBrgo At 31 DEMbEr 2024 13,452 111,2891 8,352 8,515 13,452 111 ?89) Net bookvaluE At 3q December 2023 At JI Oecomber 21924 175AIOLI 4901 179,¥YJI The office Iik11ng and le8lwld hLI8p8nd8nUy r6valued by John Ryd8 Cotnrnercial PrDPErty Consultants at £175,000 on 271h Felxvary 2024. The valuatlun took Inlo account Iho )partys slze, bcabon and 2ppearanTr, withwt 2 full building survey or assessThEnt of the rA)nditn the roof and presumes Bccess to Ixr pajk. 11 Trophle$ Tctsl At 1 January 2024 Addthons donated bythe Crty]uet A88ud8Uon atfalrvalua RwaluBtions At 31 D•cemb8r 2024 9,455 18,6id 68,111 12 Investments Listed Investmonts Ttsxl CarwTU (fair) value at 1 January 2024 Add: additions lo investments the year Less: disposals * carying v8lue A(Id- net gairt on revaluatiL Carrying Ifairl lue at 31 December2024 28.863 110,0531 33,353 52.163 2B,£63 1'10,05) Irrrfestrllepyts atthe yearerKI LOrnPn'sed'. Marketval 15,409 4.125% Ind&M TroasuryStod¢ 2030 52.163 ao3120115
Croquet Ellglanl Atcounls 2024 CRO(MJET ENGEAND CROQUET ENGLAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2D24 13 Stock 2024 2023 Shop stock for re5al9 Other stDGk Tolal 89.812 7.879 77,691 14 Loans to Clubs 2024 2023 Amounts fslling duewithin l ye8r Amounts falling dug b8tween l and 5 years Ttstal 4,(YJO 20,800 24,600 Loans to clubs carry no inlere818nd are repayable thIn 5 yaar8wh8n lssuad. Clubs, financial position 8rKI ability to repay are revlewe(i befe issulnglogns. bul nc$ 86curfty is raquired. No loans were committed to, but not taken up at the year end. 15 Debtors and prepayments Anglys15 of dèblors 2024 21)23 Trade debtors and payTh&nts on account Prepalents and accrued inuJm8 Total 28,916 23,457 50,373 All debtor8 a due lo mpay wlhln onè year. Trad& debtors includes £8,570 due frDm the Croquet A88910n. 16 Credltors and accruals 16.1 Analy9ig of creditor5 2024 21Y23 Accruals forgrants payablo Tre creditors A¢x8[5 a1 deferred income Taxat and slla1 securtty Other rx6dilors Total 21,0 11,888 81.392 11.152 2,411 127,843 240 71,É05 AJI creditors are du8 for repayTnentwlthin on8 year Pag8 13 of15
Croiuèt Er0mAa)unÉ4 2024 CRf)¢lUEr CROQUET ENGLAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 46.2 Deferred income Defd itt(m8 c(mSt$01£y4.l39 of m8mb8rshlp subscrWion& for2D25aTkJ £3,940 ret&nied fcf adverts to appear n 2025 pLtslatns. Movement ift deferr8d InG¢fflO A¢¢tytnt 2024 2023 Bal8nce at 1 January 2024 Amwnts added in th¢ year AMjnts rdeasgd to Inccm6friTh proUS p8rf00 Balanc8 at 31 K>8c•mb4r2024 T07 78.079 171.50n 78.079 71,507 17 Charltyfund5 Detslls of matsrial held and MOV8Trts dursng 2024 Fund Donstion¥ balHnGg$ rrom th• broutht Croquet Other Olh8r foNArd Asso¢latltsn Incom8 IEYpBnsol fransf4rB F14nd babnc carrf fon¥8rd Oth•r GaÈns Fund name5 Type Genwal Fund8 spe31 Proiert Fund Club L03ns Fun(1 Granls Furkj BklIng m21n1anco Dkse Fund Ben¢f¥l0I8 Fu H8(u8rt0rs Fund Troiknies Fund Bemard Neal Award DuffEld B4l$t 13181 147,361 18,766 28,600 9,121 11.991 s,(NJo 31100 12.750 49.465 IOOD t,449 490.237 1472.96n 112,OQOI [3,110) 39.632 8,OOD 13.2001 14.MOI B70 5,LM)O 2W,835 11,785 25.400 4,561 12,861 fjo.eoo Unre5fricted Unr8stiicled Un$1Cl UnreslriGted Unr88trictp Unr8strictwJ UntI UnStri Re8tricted Re$trl¢tod perMent 162,250 18,6511 175,tk)r) 68,411 1,679 3,128 DuffiE4d 8equost Total FuThJs 18,809 3J7A01 13181 494,751 1465,0681 210,5Y6 $67.30 Donati& fr(mlh8 GmilASStn ara rthEr in Ihe rELd party note. Inote 19) Deglgnaled Unmsijlctsd Funds Spevkl Project Fund MaytBsp2ntDn any prtsjèd d8emed awraprfa Club Loans Fund ava511e to to CJb5. I£.000 le85 the existinu108ns10 Grants Fund Fundajalla forgranl¥tO Gknbs beyond Ilty¢Y budg8t Bulldlrg Maint¥ncè Fund avo119b lo paY0CLeoal Iwgg ÈmountLa%pftr rèquired ts makilain the Lffce Irtg. Database Fund accumJblng forthe r8pb¢8monE orth9 mbarshIP database wcesfjry. Ben8fa¢iw's Fund oflh&b8westlrom RUShtyrerrf in 2024 indr8ollwftom lh& GA. adquart6TS Fund RoprÉgenls tfiefwds ld up in ujr Headquarte¢sl8a8ekvJ1, matrthlng the Jakqnc• &et. Trophies Fund Repre¥ertsthcfds in (yJptrophlè4 msEchhg thè SI. RtrIcId Furn16 Bernard Neal Award Fun(158v1abl¢ br metr108 avrdad to re¢yientg ofthe Berr¢rd Award Duffield B8que8t F8v9118e from In¢cthe trn tha P¥NkinentenOJ¥eTrt bebw EndovJTnent Fumds Duffield Bèqu86t pert0ment pro8 Incomè tOtTle 3ganstth8 Oftt English team atte1g Ihe Mthobertson shLe ¢iwnp8ithon. (fhg a$sCtlIOn eraqu•tsam thampion3hSl. Th8fdEit81 18 part(sF cw2020 Tre*5 ix>nd Inv8simwt. P292 14 L(15
Crcq4é% 2024 CROQUET CROQUET ENGLAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 18 Raooncllatlon of tIn¢omeaVd[turn1 to net tash Ikjwfrom opernfing actlWiti2S 2024 2023 t Incomallexn(tUrel forthe reporting peiiod {88 PErlhE Stat4rn•nf of flnanclal ximtlasl Adlu&tm9nts for. OewecAation ort1$aln chargÈ$ IGHRI8yloss&s on irveslments DIdad. int8r881 aNI ronts from inve5trnents ncrpaselld8crwds8 In Glod(É Indudlng d(Trated tyCA ncr8asEydecrea5e in dEbtors lrfludlry donatsd by CA jncrea8elldTea8el in creditors other Th)rrfash assets don¢d bythE C¥oquet 80tatin 384,781 6279 139,6321 ri,2831 177.691) 169.7341 55,138 199,0911 {2A041 71.805 Net cash proNll&d by IusAd operatlng 1110$ 151867 É9,0¥3 19 Transactiong with IntEe5 and ralated parues 19.1 Trustee remun•ratlon gnd beneffl8 None ¢f t1 fru5tees h2V2 been paid rwThJnar2fjon u r8Cetvèd y(th$r b8ngflL8trom 8n 8mpk>yrttw1 the chaty 2 retatEd entty. 19.2 Trustè8S' 8xponsoS rype ot expen¥ts relmbbr5ed 2024 2023 Travel 107 107 Number Number NuMb0f trse9 rmAlr2ed foroxpenses bythe chari 19.3 Transactivn# wrth lated parttes At the betynnlng of the year the charity1k over from the Croquet A8sociatitm Ilhe CAI as the goveming txxly of uel in England. During the 5Ear all tha assèts ol the CA barrlng some cash tre donated to the charity. Both Ihe tharity and the CA are Urthe sarne managerftenf. The donations and other transactions in 2024 trueen the parties are ltsted bdow.. Donallons fromth8 CAatlM>ok va& FtK8d ass Trophlés Inv1[2 MÈrthandise Stodt 0th8r 8totsk othgr der8 L03ns tr> cknbs 49.4 28,8b3 75,g03 2,968 24,40Q 143,537 337,40'1 Cash Total donalJon8 0th8YtrartsaGt5ons Saes tatth2 CA ldUS2 ofVAD Netpawx¢nl$ madt bythe G4 beheOf ihe charty 18,tk13 Balance du9 frtsm ih• CAw1th5 D8btoYs at 31 D8c8mb6r2024 There were noother tran5arhons re131ed pathes.