OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-09-30-accounts

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

NORFOLK CRICKET FOUNDATION

(formally Norfolk Cricket Board limited)

(A company limited by guarantee)

Annual report and financial statements For the year ended 30[th] September 2025

Register charity number: 1212016 Company number: 07525982

Norwich Accountancy Services

19 Upper King Street, Norwich, NR3 1RB

1 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

CONTENTS
REFERENCE AND ADMINISTRATIVE INFORMATION 3
TRUSTEES’ ANNUAL REPORT 5
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NORFOLK CRICKET FOUNDATION
(‘THE CHARITY’) 15
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
16
BALANCE SHEET 17
STATEMENT OF CASH FLOWS 19
NOTES TO THE FINANCIAL STATEMENTS 21

2 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

Reference and administrative information

Company information

Norfolk Cricket Foundation (formally Norfolk Cricket Board Limited) Company Number 075259682 Country of incorporation United Kingdom Charity number 1212016 Country of registration England & Wales

Register office and principal address.

C/O Horsford Cricket Club, Manor Park Holt Road Norwich, Norfolk NR10 3AQ

Trustees

Trustees who are also directors under company law, who served during the period and up to the date of this report were as follows:

Ms. J Hannah Resigned 16[th] March 2026 Mr. D Vaughan Chair Appointed 16[th] March 2026 Mr. G Kerkham Appointed 27[th] October 2025 Mr. N Moggan Ms. A Henshaw Resigned 14[th] April 2025 Mr. D Bowker Resigned 17[th] December 2024 Mr. L Denmark Resigned 17[th] December 2024 Ms. J Thorton Professor H Gillespie Mr. M Scott Ms. E Plater Mr. S Bartram Mr. M Hanby (Norfolk County Club appointee) Mr. I Doy

Secretary Mr. D Bowker

3 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

Principal professional advisors

Accountants Norwich Accountancy Services limited 19 Upper King Street Norwich NR3 1RB

Independent Examiner

MA Partners LLP 7 The Close Norwich NR1 4DJ

4 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

Trustees’ annual report

The Trustees present the annual report and the accompanying financial statements of Norfolk Cricket Foundation (NCF) for the year ended 30[th] September 2025. The Trustees confirm that the Annual Report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company’s governing document and the provisions of the Statement of Recommend Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019). Since the charity qualifies as small under section 382 of the Companies Act 2006, the Strategic Report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors Report) Regulations 2013 has been omitted.

Structure, Governance and Management

NCF is a charitable company which was incorporated on 10th February 2011 and was registered as a charity on 5[th] February 2025. The company changed its name on 28[th] January 2025, having previously operated as Norfolk Cricket Board Limited. The NCF operates under Articles of Association that were most recently amended on 14[th] January 2025.

The full Objects are set out in the Articles but can be summarised as;

The Foundation’s existing strategy ‘A Game for Everyone 2025-2028’ aspires to create a lasting, positive impact on the lives of individuals and communities in Norfolk through the power of cricket.

5 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

The management of NCF is the responsibility of its Trustees who are appointed and co-opted under the terms of the Articles. The Trustees meet four to five times each year and have delegated the operation of the company to its Cricket Development Director. NCF has also appointed two Committees – the Norfolk Youth Committee and the Recreational Committee – each with a remit for their area of responsibility and comprising a membership drawn largely from outside of the Trustees.

In addition, there are the Norfolk Officials Association together with less formal groups for grounds, coaches and women’s and girls’ cricket, all of which operate within its umbrella. There is also a Remuneration Committee and Nominations Committee whose membership is drawn wholly from within the Trustees.

Names of the Trustees serving since the start of this financial period, and who appointed them, are set out on the first page.

The liability of each member is limited to a sum not exceeding £1, being the amount that each member undertakes to contribute to the assets of the charity in the event of it being wound up. Membership, and entitlement to it, is defined in the Articles and in this respect, there were 12 members as of 30[th] September 2025, comprising both organisations and individuals.

The last 12 months has seen a huge amount of collaboration between the executives and nonexecutive Trustees of the Foundation. This is something that we are all very proud of and it has strengthened our position as one team whilst enhancing our thinking and planning for the future. We continue to work in line with ECB governance requirements but most importantly because we feel as a Foundation a more diverse group of Trustees will support the growth of cricket in Norfolk.

Existing Plans and Activities

In line with the new ECB’s Inspiring Generations strategy (2025-2028), the NCF produced and released its own strategy ‘A Game for Everyone 2025-2028’ in April 2025 ahead of the 2025 season. The ambitious strategy supports the ECB vision to become the most inclusive team sport across England and Wales and focuses on two key areas of development.

6 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

For the 2025-2026 financial year, the below priority areas continue to be of focus:

These key priority areas are to be underpinned by Good Governance, Safeguarding, EDI, Places, People, Strong Finance/Fundraising, IT/Marketing/Communication and Sustainability.

Achievements

We are particularly pleased to be able to report the following activity that took place during the 2024/2025 financial year (1[st] October 2024 to 30[th] September 2025).

7 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

The Norfolk Cricket Foundation continue to have a positive relationship with the England and Wales Cricket Foundation and once again, in 2025, we have received some outstanding feedback for the high standards that we uphold as a Foundation. This is testament to the hard work of the

8 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

Officers and Foundation Trustees where we are currently meeting all of the required minimum standards as set out within the ECB County Partnership Agreement ‘CPA’.

We are grateful to the ongoing support of the Friends of Norfolk Youth and ECB who both provide bursary programmes for those in the greatest need of financial support on an annual basis within Norfolk as we strive to make cricket to most inclusive team sport.

Workforce

This last year has seen impressive leadership from Lewis Denmark and commitment from the team. The Trustees would like to thank Lewis and the team for their ongoing energy, enthusiasm and commitment to growing the game in Norfolk.

A number of workforce changes have taken place over the last 12 months. The below is the current staff structure under Lewis Denmark’s leadership:

F/T Cricket Development Director – Lewis Denmark

F/T Cricket Development Officer – Kevin Denmark

F/T Women & Girls Development Officer – Heather Musk

F/T Club & Community Officer – Andy Boocock

F/T Disability Development Officer – Abigail Sutherland

F/T Community Coach – Aaron Seekings

F/T Head of Performance Pathways – Neil Hornbuckle

F/T Assistant Head of Performance Pathways – Peter Minns

P/T Secretary – David Bowker

P/T Safeguarding Officer – Mark Campbell

P/T Chance to Shine & Coach Education Administrator – Sara Worley

P/T Women & Girls Programmes Officer – Jo Ticehurst

P/T Volunteer Development Officer – Neil Irons

9 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

The success of cricket in Norfolk extends far wider than the Foundation staff and Trustees and so we thank everyone involved including leagues, committees, clubs, coaches and volunteers. It is this collective workforce who make the huge difference.

It is also pertinent to recognise the financial assistance the Foundation has received over the year in addition to its core ECB funding. In particular, Chance to Shine, the Lords Taverners, MCC Foundation, Shell UK and Mr Cricket Hockey. Also, the individual sponsors of our County Age Groups.

We remain committed to maintaining positive relationships with the Norfolk County Cricket Club. Our Boys County Age Group Programme continues to produce players that represent the County Club, 2025 was no different with many of the Norfolk U18 Boys representing the Norfolk Lions and full Norfolk CCC team during the 2024 season.

A real highlight of 2025 saw Norfolk CCC win the NCCA T20 Competition for the first time (following their success in 2024 which saw them win the Knockout Trophy for the first time since 2009). Like 2024, it was again very pleasing to note that 11 players of the 12-person playing squad had come through the Norfolk Talent Pathway setup.

2025 saw the fourth annual showcase fixture take place with Kent visiting Sprowston Cricket Club in front of a healthy crowd in early August. Norfolk CCC look forward to welcoming Kent back again in 2026.

The Norfolk Cricket Foundation Women and Girls pathway remains closely linked to the London and East regional girl’s pathway programme. The pathway setup operates under the Essex Cricket programme, but we are delighted to have strong representation in this setup. For 2025/2026 we have 1 academy player, and 5 players involved in the emerging players’ programme. We’re also thrilled one of our county women’s players have been signed for Northants ahead of the 2026 season.

On the Boys front, we have a formal partnership with Northants CCC, and we’re thrilled that we have 3 boys involved within their academy for the 2025/2026 programme following successful engagement in 2025.

10 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

As a Foundation we are committed to continuing to explore the opportunities for collaborative working with other County Cricket Foundations in the London and East region along with other similar like for like counties across England and Wales. We want to continually learn from others and share the good practice that we have.

Financial Position

The Foundation recognises that in the current economic climate that we need to collectively explore ways to ensure that individuals are not prohibited from choosing cricket because of their financial situation and that our staff are remunerated appropriately to prevent unnecessary staff changes.

We are also mindful that businesses with whom we have previously engaged in sponsorship partnerships might not be in these financial times able to offer the same support and so we are committed to exploring different ways to gain funding for the game.

The Foundation has a risk register in place which to helps to systematically identify, assess, track, and mitigate potential threats to the organisation. Funding is primarily sourced directly from ECB and its charitable partners (Chance to Shine, Lord’s Taverners and MCC Foundation). There is a high risk to the running of the Foundation if this funding was to be removed but we do have systems in place to mitigate this including a 4 year funding agreement from ECB (up until January 2029) and agree 2-year funding agreements with Chance to Shine and Lord’s Taverners which offers a certain amount of security. Regular meetings and KPIs are agreed with these partners with monitoring taking place quarterly throughout the year to ensure compliance is maintained against all standards. Staffing contracts are set out and agreed to work alongside these funding cycles. The Foundation are actively seeking ways to diversify income to become less reliant on ECB funding.

We have strong and robust policies and procedures in place to ensure that the Foundation meet all the ECB County Partnership Agreement (CPA) requirements including those key areas of the business which could cause significant reputational risk and possible loss of funding if not maintained. These areas include Safeguarding, EDI, Finance and Governance.

11 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

The 2024/25 end of year accounts show a final position of a £23,335 surplus for the operating year. This took the actual unrestricted reserves position for the Foundation to a figure of £220,393 which leaves the Foundation in a healthy position. The Foundation had originally budgeted for a deficit during the 2024/25 financial year but due to additional ECB funding and one full-time staff member leaving the origination mid-way through the year this saw a small surplus within the annual accounts. The vast majority of all restricted funding received by the Foundation is spent on day-to-day operational costs including staff and the delivery of recreational cricket in Norfolk. The 2024/25 saw the inclusion of some one-off costs as the organisation transferred legal status, name and branding from Norfolk Cricket Board Limited to Norfolk Cricket Foundation.

For the 2024-25 financial year the Foundation’s reserves policy target was £75,000. This figure was set to cater for 3 months’ operational costs if funding stopped. Since the financial year end the Trustees have re-visited this amount and, based upon increasing costs and the operations growth, have agreed for the figure to increase to £100,000.

The Trustees have also agreed to designate a further £100,000 towards further investment into recreational cricket in Norfolk in strategically important areas.

Free reserves at the year-end (being unrestricted funds excluding designated funds) amounted to £120,393, which exceeds updated policy target by £20,393. The Trustees are content with this figure, especially given the ever-increasing inflation costs and the flat line ECB core funding that is set to remain at the same amount until 2029.

Looking Forward

Following another outstanding year of delivery, it is time for the Norfolk Cricket Foundation to look forward and expand on this success. Having passed our first anniversary as a charity, if we are to deliver our ambitious strategy, we must challenge ourselves to take cricket to more people, in more communities and focus on the positive outcomes that the game can bring to so many in Norfolk. Whilst our core delivery and focus on the existing infrastructure will continue, it is now the right time for us to broaden our reach as we strive to create opportunities for people in Norfolk to have the opportunity to connect with cricket.

12 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

Norfolk’s priorities have already been laid out, and these will shape the focus of the Norfolk team. The Foundation will continue to support staff by offering their expertise, super strengths, leadership and constructive challenge.

Jane wishes to personally thank everyone for their relentless commitment to making cricket a game for all in Norfolk over the time she has been the Chair. The Trustees want to place on record their thanks to Jane for her dedication to recreational cricket in Norfolk.

The directors confirm that the company has prepared this report in accordance with the small companies exemption under the Companies Act 2006.

Directors’ insurance

The company has made qualifying third party indemnity provisions for the benefit of its directors during the year. These provisions remain in force at the reporting date.

Statement of responsibilities of the Trustees

The Trustees (who are also directors of Norfolk Cricket Foundation for the purposes of company law) are responsible for preparing the Trustees' annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to:

13 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The total number of such guarantees at 30[th] September 2025 was £12. The Trustees are members of the charity but this entitles them only to voting rights. The Trustees have no beneficial interest in the charity.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

The Trustees' annual report has been approved by the Trustees on 26[th] June 2026 and signed on their behalf by

Mr. D Vaughan Chair and Director

Norfolk Cricket Foundation

14 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

Independent examiner's report to the Trustees of Norfolk Cricket Foundation (‘the Charity’) I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 30 September 2025.

Responsibilities and basis of report

As the Trustees of the Charity (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act).

Having satisfied myself that the accounts of the Charity are not required to be audited under Part 16 of the 2008 Act and are eligible for independent examination, I report in respect of my examination of the Charity's accounts carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

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

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

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

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

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

This report is made solely to the Charity'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 state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.

Signed: Dated: 26 June 2026 Mr F M E Shippam BSc FCA DChA MA Partners LLP Chartered Accountants 7 The Close Norwich Norfolk NR1 4DJ

15 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

Statement of financial activities (incorporating income and expenditure account)

Note
Income from:
Donations and Legacies
4
Charitable activities
2
Fundraising
Other Trading Activities
3
Total income
Expenditure on:
Raising Funds
Charitable activities
5
Total Expenditure
Net Income/Expenditure)
for the year
Transfers between funds
Net Movement in Funds
Reconciliation of funds
Total funds brought
forward
Total Funds Carried
forward
15		 2025
Restated
2024
Restricted
Unrestricted
Total
Total
£
£
£
£
511,997
511,997
366,603
70,898
70,898
93,054
7,912
7,912
7,318
72,049
72,049
80,163
511,997
150,859
662,856
547,138
458,544
180,977
639,521
531,691
458,544
180,977
639,521
531,691
53,453
(30,118)
23,335
15,447
4,726
(4,726)
58,179
(34,844)
23,335
15,447
56,000
255,237
311,237
295,790
114,179
220,393
334,572
311,237

All of the above results are derived from continuing activities. There were no other recognized gains or losses other than those stated above

The notes on pages 21 to 35 form part of these financial statements

16 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

Balance sheet
Note
Fixed assets
Tangible assets
Current assets
Debtors
9
Cash at bank and in hand
10
Prepayments and accrued
income
9
Liabilities
Creditors’ amounts falling due
within one year
11
Accruals and deferred income
11
Net current assets
Total assets less current
liabilities
Creditors: amounts falling due
after 1 year
Accruals and deferred income
Net assets
The funds of the charity
Represented by:
15
Restricted funds
Designated fund
Unrestricted funds		 2025
£
£
6,830
350,815
16,756
374,401
25,076
14,753
39,829
334,572
334,572
334,572
114,179
100,000
120,393
334,572		 2025
£
£
6,830
350,815
16,756
374,401
25,076
14,753
39,829
334,572
334,572
334,572
114,179
100,000
120,393
334,572		 Restated
2024
£
£
6,542
318,371
4,297
329,210
14,848
3,125
17,973
311,237
311,237
311,237
56,000
-
255,237
311,237		 Restated
2024
£
£
6,542
318,371
4,297
329,210
14,848
3,125
17,973
311,237
311,237
311,237
56,000
-
255,237
311,237
374,401 329,210
25,076
14,753		 14,848
3,125
39,829 17,973
334,572 311,237
334,572 311,237
114,179
100,000
120,393		 56,000
-
255,237
334,572 311,237

The notes on pages 21 to 35 form part of these financial statements.

17 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

The opinion of the directors is that the company is entitled to the exemptions conferred by section 477 of the Companies Act relating to small companies.

The directors acknowledge the following responsibilities.

Approved by the Trustees on 26[th] June 2026 and signed on their behalf by

Mr. D Vaughan Chair

Mr. Giles Kerham Trustee

18 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

Statement of Cash Flows
Note
Cash flows from operating activities:
Net cash provided by (used in) operating activities
Cash flows from investing activities
Dividends, interest and rents from investments
Proceeds from the sale of property, plant and equipment
Purchase of property, plant and equipment
Proceeds from sale of investments
Purchase of investments
Net cash provided by/ (used in) investing activities
Cash flows from financing activities
Repayment of borrowing
Cash inflows from new borrowing
Receipt of endowment
Net Cash provided by/ (used in) financing activities
Change in cash and cash equivalents
Cash and cash equivalents at the beginning of the
reporting period
Change in cash and cash equivalents due to exchange rate
movements
Cash and cash equivalents at the end of the reporting
period		 Total Funds
Restated
Prior Year
funds
£
£
32,444
17,059
32,444
17,059
318,371
301,312
350,815
318,371

19 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

Reconciliation of net income/ (expenditure) to net cash flow from operating activities

Net income/ (expenditure) for the reporting period (as
per the statement of financial activities)
Adjustments for:
Depreciation charges
(Gains)/ Loss on investments
Dividend, interest and rent from properties
Loss/ (Profit) on sale of fixed assets
Increase/ (Decrease in stocks)
(Increase)/ decrease in debtors
Increase/ (decrease) in creditors
Net cash provided by (used in) operating activities		 2025
Restated
2024
£
£
23,335
15,447
(12,748)
2,755
21,857
(1,143)
32,444
17,059

20 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

Notes to the financial statements

Norfolk Cricket Foundation is a charitable company limited by guarantee without share capital The charity is governed by its Articles of Association dated 10[th] February 2011, subsequently amended on 14[th] January 2025. The charity was registered with the Charity Commission on 5[th] February 2025 with the registered charity number 1212016 and the registered company number 0752982. The principal address and registered office of Norfolk Cricket Foundation is Horsford Cricket club, manor Park, Holt Road, Norwich, Norfolk, NR10 3AQ.

The financial statements have been prepared in accordance with the Statement of Recommended Practice for Charities (Charities SORP 2019) and FRS 102. Applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and republic of Ireland (FRS 102), the Charities Act 2011 and the Companies Act 2006.

The company’s functional currency is Sterling (£). All values are rounded to the nearest £1.

Norfolk Cricket Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognized at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

On 5[th] February 2025, the company was registered as a charity with the Charity Commission for England and Wales (charity number 1212016). Prior to this date, the entity operated as a non-charitable company and prepared its financial statements in accordance with FRS 105. From the date of registration, the company has applied the Charities Statement of Recommended Practice (SORP 2019] in conjunction with FRS 102, as required for entities preparing “true and fair” accruals accounts in the UK charity sector.

The financial statements for the year ended 30[th] September 2025 therefore reflect two phases of the entity’s activities within a single accounting period:

21 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

The Trustees consider that applying the Charities SORP for the full reporting period provides more relevant and reliable information to users and is consistent with the requirement that charities preparing accruals accounts follow the SORP.

c) Company Status

The charity is a company limited by guarantee. The directors of the company are the Trustees named on page 3. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.

d) Previous accounting policies

Up to the prior year, the entity prepared its financial statements in accordance with FRS 105 , under which:

New accounting policies on becoming a charity:

From 5[th] February 2025, the entity’s accounting policies have been aligned with the Charities SORP and FRS 102. Key changes include:

22 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

The Trustees have applied the new charity accounting policies to the entire reporting period on a consistent basis, with necessary reclassifications and adjustments to comparative figures where required to achieve comparability. Where practicable, prioryear comparatives and opening balances have been restated to reflect the new policies ( for example, the identification and separate presentation of restricted funds). Where full restatement has not been practicable, this fact has been disclosed, together with an explanation of the nature of the differences and their estimated effect.

Any material adjustment arising on transition have been recognised in funds at the start of the comparative period and are disclosed in note 21 to charity funds under the new policies.

e) Going Concern

The Trustees have assessed the charity’s financial position and its plans for the foreseeable future, which is a period of at least twelve months from the date of approval of these financial statements. This review has considered the charity’s reserves position, cash flow forecasts, expected income streams, in particular from ECB, and the potential impact of any known or anticipated risks.

Based on this assessment, the Trustees have concluded that there are no material uncertainties that cast significant doubt on the charity’s ability to continue as a going concern. The financial statements have therefore been prepared on a going concern basis.

All donations are deemed to be unrestricted, unless specified by the donor. Unrestricted funds comprise the accumulated surplus of the charity, as noted in the statement of financial Activities. These funds are available for use at the discretion of the Trustees of Norfolk Cricket Foundation.

Restricted funds are specifically assigned by the donor to support a particular project. Income from restricted donations will only be spent on the specified causes.

23 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

g) Incoming resources

Income is measured when Norfolk Cricket Foundation has entitlement to the income, it can be reliably measured, and it is probable that the income will be received. Norfolk Cricket Foundation has various income streams:

h) Expenditure

All expenditure is accounted for under the accruals basis and recognised when Norfolk Cricket Foundation has a legal or constructive obligation to make a payment. Norfolk Cricket foundation has various expenditure streams:

All expenditure is inclusive of irrecoverable VAT.

24 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

i) Operating Leases

All leases are operating leases and charged to expenditure over the lease period.

j) Tax

As a registered charity, the charitable company is exempt from taxation of its income and gains to the extent they fall within the charity exemptions in the Corporation Taxes Act 2010 on its activities since converting to a charity. For the period prior to this conversation date the activities remain subject to corporation tax on all profits.

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

l) Liabilities and provisions

Liabilities are recognized when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

m) Financial Instruments

The charity only enters into basic financial instruments transactions that result from its normal operations. These consist principally of cash and bank balances, trade and other debtors, trade and other creditors, and any simple loans that may arise from time to time

n) Debtors

Trade and other debtors are recognised at the amount due after any provision for doubtful debts. Debtors are reviewed at the reporting date and an impairment loss is recognised when there is objective evidence that amounts due may not be recoverable

o) Pension Costs

Defined contribution pension plans are accounted for in the year in which contributions are payable. Differences arising between contributions payable and amounts actually paid are shown as either accruals or prepayments in the Balance Sheet.

25 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

2
Charitable activities income
Coaching match fees and
courses
Affiliation fees
3
Other Trading Activities
Tours and events
Sundry income
4
Donations and Legacies
2025
England & Wales Cricket Board
Chance to Shine
Lord Taverners
Total
Restated 2024
England & Wales Cricket Board
Chance to shine
Lord Taverners
Total		 2025
2024
51,314
74,834
19,584
18,220
70,898
93,054
2025
2024
44,406
51,118
27,643
29,045
72,049
80,163
Unrestricted
Restricted
Total
413,322
413,322
68,846
68,846
29,829
29,829
0
511,997
511,997
Unrestricted
Restricted
Total
278,450
278,450
59,790
59,790
28,363
28,363
0
366,603
366,603

26 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

5 Analysis of expenditure on charitable activities current period Analysis of expenditure on charitable activities current period Analysis of expenditure on charitable activities current period Analysis of expenditure on charitable activities current period Analysis of expenditure on charitable activities current period Analysis of expenditure on charitable activities current period Analysis of expenditure on charitable activities current period Analysis of expenditure on charitable activities current period
Recreational Chance Lord Courses Club & 2025 Basis for
cricket to Taverners and Schools Total Allocation
shine tours
£ £ £ £ £ £
Direct charitable
expenditure
Salary 184,480 45,902 20,755 10,571 10,571 272,279 2
Employers NIC 17,667 17,667 1
Pension cost 8,906 8,906 1
ECB EDI fund 12,380 12,380 1
Women’s & Girls 21,791 4,563 26,354 1
Pathway Cricket 98,758 528 99,286 1
Youth 7,129 7,129 1
Coach development 17,747 17,747 1
Club participation 5,706 5,706 1
CTS programmes 27,599 27,599 1
Disability programmes 75 7,731 7,806 1
Competitions 15,197 15,197 1
Pathway Tours 44,815 44,815 1
Travel costs 11,087 1,413 973 6,083 19,556 1
355,144 73,501 29,899 74,106 49,777 582,427
Support Costs
Branding & advertising 15,775 15,775 1
Office Costs 5,294 5,294 1
Insurance 2,604 2,604 1
Professional fees 4,627 4,627 1
Hospitality 2,081 2,081 1
IT & Website 7,285 7,285 1
Broadband & phones 2,008 2,008 1
Printing & postage 6,040 6,040 1
Travel 2,836 2,836 1
Transactional fees 2,244 2,244 1
Subscriptions 842 842 1
Accountancy 5,142 5,142 1
Miscellaneous 316 316 1
57,094 57,094
Basis for allocation (1)
Directly attributed
(2)
Headcount

27 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

6 Analysis of expenditure Analysis of expenditure Analysis of expenditure on charitable activities prior period (RESTATED) on charitable activities prior period (RESTATED) on charitable activities prior period (RESTATED) on charitable activities prior period (RESTATED) on charitable activities prior period (RESTATED) on charitable activities prior period (RESTATED)
Recreation Chance Lord Courses and Club & Restated Basis of
al cricket to Taverners tours Schools 2024 allocation
shine Total
£ £ £ £ £ £
Direct charitable
expenditure
Salary 154,768 47,314
20,380		 222,462 2
Employers NIC 13,408 13,408 1
Pension cost 7,512 7,512 1
ECB EDI fund 2,717 2,717 1
Women’s & Girls 3,998 3,998 1
Pathway Cricket 112,910 112,910 1
Youth 5,281 5,281 1
Coach development 16,371 16,371 1
Club participation 5,324 5,324 1
CTS programmes 26,669 26,669 1
Disability 7,095 7,095 1
programmes
Competitions 16,720 16,720 1
Pathway Tours 44,638 44,638 1
Travel costs 8,212 1,518 593 5,574 15,897 1
303,525 73,983 28,993 61,602 32,899 501,002
Support Costs
Branding & 1
advertising
Office Costs 6,149 6,149 1
Insurance 2,913 2,913 1
Hospitality 962 962 1
IT & Website 3,202 3,202 1
Broadband & phones 1,947 1,947 1
Printing & postage 1,389 1,389 1
Travel 1,273 1,273 1
Transactional fees 1,803 1,803 1
Subscriptions 644 644 1
Accountancy 2,040 2,040 1
Other Costs 8,367 8,367 1
30,689 30,689
Basis for allocation
(1)		 Directly attributed
(2) Headcount

28 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

7
Independent Examiners
Independent examiners fee
8
Employees
Analysis of Staff Costs
Wages and salaries
Social security costs
Employer pension costs
Total Costs		 2025
2024
£
£
2,700
-
2025
2024
£
£
303,762
222,462
17,667
13,408
8,906
7,512
330,335
243,382

No employee earned over £60,000 during the year.

The average number of people, including directors, employed by the company during the year was as follows:

Employees
9
Debtors
Trade debtors
Prepayments and accrued Income		 2025
2024
Number
Number
19
17
2025
2024
£
£
6,830
6,542
16,756
4,297
23,586
10,839

29 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

10
Cash and cash equivalents
Cash at Bank and in hand
11
Creditors
Trade creditors
Deferred Income
Other creditor
Taxation and NI
Accruals		 2025
2024
£
£
350,815
318,371
2025
Restated
2024
£
£
13,812
4,008
5,992
325
8,761
2,800
6,524
5,073
4,740
5,767
39,829
17,973

There are no related party transactions in the year except as note in the Trustee’s report regarding the provision of directors’ liability insurance.

13 Trustees’ remuneration

There were no payments to Trustees of remuneration, fees, emoluments or Trustee’s expenses.

30 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

14 Key management personnel

Key management personnel are those people who have authority and responsibility for planning, directing and controlling the activities of the charity, directly or indirectly, including any Trustee who receives remuneration for services and members of senior management to whom the Trustees have delegated significant authority for the day-today management of the charity.

The total employee benefits of the key management personnel for their services to the charity were as follows:

Salaries and wages
Employer’s national insurance
Employer’s pension contributions		 2025
2024
55,135
52,584
5,937
4,787
1,931
1,843
63,003
59,214

15 Statement of funds

Unrestricted
funds
General funds
Designated Fund
Restricted Funds
English & Wales
Cricket Boards
Chance to shine
Lord Taveners
Total restricted
Total funds		 Balance as
1st October
2024
Income
Expenditure
Movement
between
funds
Balance at
30th
September
2025
£
£
£
£
£
255,237
150,859
(180,977)
(104,726)
120,393
100,000
100,000
56,000
413,322
(355,143)
114,179
68,846
(73,502)
4,656
0
29,829
(29,899)
70
0
56,000
511,997
(458,544)
4,726
114,179
311,237
662,856
(639,521)
0
334,572

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

31 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

Designated funds a transfer of £100,000 form General funds was made at the year-end for funds allocated towards further investment into recreational cricket in Norfolk in strategically important areas.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors.

Statement of funds – Prior period (Restated)

Unrestricted
funds
General funds
Restricted Funds
English & Wales
Cricket Boards
Chance to shine
Lord Taveners
Total restricted
Total funds		 Balance as
1st October
2023
Income
Expenditure
Movement
between
funds
Balance at
30th
September
2024
£
£
£
£
£
217,393
180,535
(127,867)
(14,824)
255,237
78,397
278,450
(300,847)
56,000
59,790
(73,983)
14,193
0
28,363
(28,994)
631
0
78,397
366,603
(403,824)
14,824
56,000
295,790
547,138
(531,691)
0
311,237

16 Analysis of net assets between funds – current period

Current Assets
Debtors and accrued
income
Cash at bank and in hand
Current Liabilities
Accruals
Other income
Deferred Income
Total		 Restricted
funds 2025
Unrestricted
funds 2025
Designated
funds 2025
Total
2025
£
£
£
23,586
23,586
128,932
121,883
100,000
350,815
(25,076)
(25,076)
(8,761)
(8,761)
(5,992)
(5,992)
114,179
120,393
100,000
334,572

32 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

Analysis of net assets between funds – prior period (Restated)

Current Assets
Debtors and prepayments
Cash at bank and in hand
Current Liabilities
Creditors and Accruals
Other creditor
Deferred Income
Total		 Restricted
funds 2024
Unrestricted
funds 2024
Total
2024
£
£
£
10,838
10,838
59,125
259,246
318,371
(14,847)
(14,847)
(2,800)
(2,800)
(325)
( 325)
56,000
255,237
311,237

17 Deferred Income

Deferred income relates to amounts received in advance for which the charity is not yet entitled to recognise income at the year end. The movement on deferred income during the year was as follows:

As at 1st October
Resources deferred during the year
Amounts released from previous periods
At 30th September		 2025
2024
325
4,512
5,992
325
(325)
(4,512)
5,992
325

18 Pension Commitments

The charity operates a defined contribution pension scheme for eligible employees. Contributions payable to the scheme are charged to the Statement of Financial Activities in the period to which they relate. At the balance sheet date, contributions amounting to £nil (2024 £nil) were outstanding and are included within creditors. During the year the charity made payments totaling £8,906 (2024 £7,512).

The charity has no further obligations beyond payment of the agreed contributions. Accordingly, there are no material pension liabilities other than any unpaid contributions outstanding at the reporting date.

33 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

19 Operating Lease Commitments

At the balance sheet date, the charity had commitments under non-cancellable operating leases as follows:

perating leases as follows:
2025 2024
Due within one year 1,500 1,500
Due in more than one year 250 1,750

Net debt comprises cash and cash equivalents, bank overdrafts, borrowings and lease liabilities. The charity had no borrowings, overdrafts or lease liabilities during the year. Accordingly, net debt consists solely of the balance on the current bank account.

Cash and cash equivalents at 1stOctober
Cash Movement in year
Cash and cash equivalents at 30th
September		 2025
2024
318,371
301,312
32,444
17,059
350,815
318,371

Reason for the restatement

In preparing these financial statements, the Trustees have reviewed the charity’s income recognition policies to ensure full compliance with the Charities SORP (FRS 102) (second edition – October 2019), in particular the requirements of Module 5 “Recognition of income” and the criteria of entitlement, probability and measurement.

Historically, certain income amounts (principally grants/donations) were recognised as deferred income and carried forward in the balance sheet until the related expenditure was incurred, even where the charity had unconditional entitlement to the income at the reporting date. This treatment is not consistent with the SORP, which requires income to be recognised in the Statement of Financial Activities (SoFA) when the charity is entitled to the income, receipt is probable and the amount can be measured reliably, and only to defer income when there are specific performance-related conditions or other reasons why entitlement has not yet been achieved.

34 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

The Trustees have therefore changed the charity’s accounting policy so that income is only deferred where the SORP criteria for deferral are met. As a result, certain balances previously reported as deferred income have been reclassified and recognised as income in earlier reporting periods.

Basis of restatement and impact

In accordance with FRS 102 and the Charities SORP, this change in accounting policy has been applied retrospectively and the opening balance sheet as 1[st] October 2023 has been restated. The effect has been to reduce deferred income and increase restricted funds (or other relevant fund categories) at that date.

The impact of the restatement is summarised below:

There is no impact on total cash flows for any period.

35 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

NORFOLK CRICKET FOUNDATION MANAGEMENT INFORMATION FOR THE YEAR ENDED 30[TH] SEPTEMBER 2025

36 | P a g e

Norfolk Cricket Foundation

For the year ended 30[th] September 2025

Turnover
England & Wales Cricket Board
Coaching/match fees/fundraising
Specific Grant Chance to Shine
Lord Taverner’s Funding
Other income
Tour and event income
Total Income
Expenditure
Representative Matches
Representative coaching
Emerging players
Other ECB projects
Coach Education
Chance to shine
Women’s team
Disabled cricket
Tour and event expenses
Clubs
Salaries
Accountancy fees
Bank charges
Other and central costs
Profit/(loss) for the year		 2025
Restated 2024
Restricted
Unrestricted
Total<br>Restricted<br>Unrestricted<br>Total
£
£
£
£
£
£
413,322
413,322
278,450
278,450
78,810
78,810
100,372
100,372
68,846
68,846
59,790
59,790
29,829
29,829
28,363
28,363
27,643
27,643
29,045
29,045
44,406
44,406
51,118
51,118
511,997
150,859
662,856
366,603
180,535
547,138
53,590
53,590
54,510
54,510
37,770
37,770
40,571
40,571
18,485
18,485
24,141
24,141
12,380
12,380
3,571
3,571
17,747
17,747
16,964
16,964
27,599
27,599
26,668
26,668
21,791
4,563
26,354
2,366
2,366
9,219
9,219
8,614
8,614
44,815
44,815
44,638
44,638
39,206
39,206
33,652
33,652
277,710
21,142
298,852
243,383
243,383
5,142
5,142
2,040
2,040
2,244
2,244
0
46,118
46,118
30,573
30,573
458,544
180,977
639,521
403,824
127,867
531,691
53,453
(30,118)
23,335
(37,221)
52,667
15,447

37 | P a g e