Charity Number: 303325
LONDON SCHOOLS CRICKET ASSOCIATION
Accounts
For the year ended 31 December 2023
LONDON SCHOOLS CRICKET ASSOCIATION
Charity Number: 303325
Financial Statements
Year ended 31 December 2023
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| Contents | Page |
|---|---|
| Trustees annual report | 1 |
| Independent Examiner’s report to the Trustees | 2 - 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes | 6 - 7 |
Page 1
LONDON SCHOOLS CRICKET ASSOCIATION
Charity Number: 303325
Trustee Annual Report
For the Year ended 31 December 2023
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The Trustee presents his/her report and the unaudited financial statements of the charity for the year ended 31 December 2023.
Reference and administration details
Registered Charity name LONDON SCHOOLS CRICKET ASSOCIATION
Charity Registration Number 303325
The Trustee
Independent Examiner Taxaccolega Chartered Accountants 187A London Road Croydon CR0 2RJ
The Trustee’s Annual Report was approved on 22[nd] October 2024 and signed on behalf of the Board of Trustees by:
Signature: Michael Jenkins
Page 2
Independent Examiner's Report
Charity Name: London Schools' Cricket Association
Charity Registration Number: 303325
Financial Year Ended: 31 December, 2023
Taxaccolega Chartered Accountants was appointed as the independent examiner for the charity during the year and has confirmed its willingness to continue in this role. This report covers the financial statements for the period from 1st January 2023 to 31st December 2023.
Respective Responsibilities of Trustees and Examiner
The trustees of the charity, who are also its directors for the purposes of company law, are responsible for ensuring that financial statements are prepared in accordance with the Charities Act 2011 and the Companies Act 2006. The trustees have determined that the charity does not require a full audit under the applicable law but is eligible for independent examination, based on the income and asset thresholds set out in the Charities Act 2011. As the independent examiner, it is my responsibility to:
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Conduct an examination of the accounts in accordance with section 145 of the Charities Act 2011.
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Follow the Directions and guidance issued by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
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Report on any matters arising that should be brought to the attention of the trustees or the public.
Basis of Independent examiner’s report
My examination was conducted in line with the Charities Act 2011 and the Charity Commission's guidelines. It involved:
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Reviewing the charity's accounting records.
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Comparing the financial statements against the records kept.
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Seeking explanations from the trustees where necessary regarding unusual or significant entries.
This examination is less extensive than an audit and does not provide the same level of assurance. Consequently, I do not express an opinion on whether the financial statements present a ‘true and fair view,’ but my findings are limited to the following statements.
Page 3
Independent examiner’s statement
Based on my examination, no issues have come to my attention that would:
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Lead me to believe that the charity has not kept proper accounting records in accordance with section 386 of the Companies Act 2006; or that the financial statements do not align with those records or fail to comply with section 396 of the Companies Act 2006.
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Suggest that further details are required to ensure the financial statements provide an accurate and complete understanding, in accordance with the Charities (Accounts and Reports) Regulations 2008 and the Statement of Recommended Practice (SORP) applicable to charities preparing accounts on an accruals basis.
Independent Examiner's Details
Independent Examiner's Name: Nabeel Qureshi
Professional Qualification: FCCA, ACCA
Independent Examiner’s Address:
Taxaccolega Chartered Accountants 187 A London Road Croydon CR0 2RJ
Date: 11th October 2024
Page 4
LONDON SCHOOLS CRICKET ASSOCIATION
Charity Number: 303325
Statement of Financial Activities
Year ended 31 December 2023
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| Notes Incoming Resources Grant 2 UK Tours and Festivals 3 Donations and Fundraising Other Income 4 Total Incoming Resources Resources Expended Direct Charitable Expenditure Coaching Matches and Ground Hire 5 Indoor Hire Other Direct Costs Other Expenditure Clothing & Equipment 6 Administration 7 Total Resources Expended Net Incoming/(Outgoing) Resources for the Year Balance Brought Forward at 1 January 2023 Balance Carried Forward at 31 December 2023 |
Unrestricted Funds 2023 Restricted Funds 2023 Unrestricted Funds 2022 Restricted Funds 2022 £ 17,799.58 £ 6,717.50 £ 159,990.00 £ 114,388.00 |
|---|---|
| £ 177,789.58 £ - £ 121,105.50 £ - |
|
| £ 101,354.70 £ 65,666.32 £ 39,828.32 £ 30,363.20 £ 44,342.77 £ 24,699.60 £ 888.94 £ - |
|
| £ 186,414.73 £ - £ 120,729.12 £ - |
|
| £ - £ - £ 3,152.83 £ 3,895.50 |
|
| £ 3,152.83 £ - £ 3,895.50 £ - |
|
| £ 189,567.56 £ - £ 124,624.62 £ - |
|
| (£ 11,777.98) £ - (£ 3,519.12) £ - |
|
| £ 33,375.04 £ 10,000.00 £ 36,894.16 £ 10,000.00 |
|
| £ 21,597.06 £ 10,000.00 £ 33,375.04 £ 10,000.00 |
Page 5
LONDON SCHOOLS CRICKET ASSOCIATION
Charity Number: 303325
Balance Sheet
Year ended 31 December 2023
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| Notes Fixed Assets Current Assets Cash at Bank 8 Creditors falling due within one year 9 Net Current Assets/(Liabilities) Funds Unrestricted Funds Restricted Funds |
2023 £ - £ 31,597.06 £ - £ 31,597.06 £ 21,597.06 £ 10,000.00 £ 31,597.06 |
2022 £ - £ 43,375.04 £ - |
|---|---|---|
| £ 43,375.04 |
||
| £ 33,375.04 £ 10,000.00 |
||
| £ 43,375.04 |
Approved by the Board of Trustees and signed on its behalf by:
Michael Jenkins Date: xx/10/2024
The notes on pages 6 and 7 form part of these accounts
Page 6
LONDON SCHOOLS CRICKET ASSOCIATION
Charity Number: 303325
Notes for the Year ended 31 December 2023
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1. Accounting Policies
The principal accounting policies meet the requirement of SORP2005.
The financial statements have been prepared under the historical cost convention and in accordance with applicable accounting standards.
| 2 Grants Receivable Grants 3 Tours and Festivals Receipts from Parents Refund on Cancellation 4 Other Income Match Fees Subscriptions Other Income 5 Matches, Teas & Ground Hire Ground Hire Other Direct Costs Sporting Goods Tour & Festival Costs Umpires Fees |
Unrestricted Funds 2023 Restricted Funds 2023 £ - £ - £ - £ - £ 22,135.00 £137,025.00 £ 830.00 £159,990.00 £ 32,161.10 £ - £ 3,422.22 £ - £ 4,245.00 £ 39,828.32 |
Unrestricted Funds 2022 Restricted Funds 2022 £ - £ - £ - £ - £ 21,590.00 £ 92,598.00 £ 200.00 £114,388.00 £ 18,330.80 £ 237.60 £ 3,604.80 £ 3,300.00 £ 4,890.00 £ 30,363.20 |
|
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Page 7
LONDON SCHOOLS CRICKET ASSOCIATION
Charity Number: 303325
Notes for the Year ended 31 December 2023
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| 6 Clothing and Equipment Other Tour Costs Other Purchases 7 Administration Other Legal & Professional Costs Accountancy Fees Insurance Social Media Association Fees 8 Cash at Bank NatWest 9 Trade Creditors Provision for Accountancy |
2023 £ - £ - £ - £ - £ 1,680.00 £ 947.83 £ - £ 525.00 £ 3,152.83 £ 31,597.06 £ 31,597.06 £ - £ - |
2022 £ - £ - £ - £ 4,905.00 £ - £ 1,500.00 £ 895.50 £ 1,500.00 £ - £ 3,895.50 £ 43,375.04 £ 43,375.04 £ - £ - |
|
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