NT/CV/B305/106187
Mr O Grantham Beverley Town Cricket Club 52 Butterfly Meadows Beverley East Yorkshire HU17 9GA
23 July 2025
Dear Olly
Accounts 30 September 2024
I enclose the accounts for review by you. Please can you e-sign the attached documents to allow us to submit them on your behalf.
Finally, my fee invoice will be emailed to you for settlement in due course.
Regards Yours sincerely
Neil Tomlin
Encs.
Charlty reglstratlon number 523222 IEngland and Walesl BEVERLEY TOWN CRICKET AND RECREATION PLAYING CLUB ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024
BEVERLEY TOWN CRICKET AND RECREATION PLAYING CLUB LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr O T Granlham Mr A Brumfield Mr R J Taylor Charity number (England and Wales) 523222 Independent examiner FinniesAccounlanls Limited 4-6 Swaby's Yard Walkergale Beverley East Yorkshire United Kingdom HU17 9BZ
BEVERLEY TOWN CRICKET AND RECREATION PLAYING CLUB CONTENTS Page Trustees. report Independent examiner's report Statement of financial activities Balance sheet Notes lo the financial slalements 6-12
BEVERLEY TOWN CRICKET AND RECREATION PLAYING CLUB TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 The trustees present their annual report and financial statements for the year ended 30 September 2024. The financial statements have been prepared in accordance with the accounting policies set OLJt in note 1 to the finanaal statements and comply with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191" Oblectlves and actlvltles The purpose of the club is "the provision in the interests of social welfare of games. sports and recreation for the inhabitants of Beverley and District so that their conditions of life may be improved" Payment of the playing membership entitles the member lo play all sports. The club employs 2 part-time grounds men and 1 part-lirne cleaner. During the year the dub maintained its playing facilities for cricket, squash, tennis, bowls and football. There is still a healthy number of juniors playing cricket and squash. Total membership is about 360. All sections have been awarded a rtificate under the East Riding Club Accredilalion Scheme. The trustees have paid due regard to guidance issued by the Charity Commission in deading what activities the charity should undertake. Achlevements and perfomiance The club has continued to develop after the impact of the pandemic with multiple thriving sporting sections and improvements being supported through grant awards from the ECB and Football Foundation. Flnanclal revl&w The general club aims to operate within its finanaal restrictions and aims to retain a financial reserve of £20,000 to be used for unforeseen and unplanned necessary repairs and maintenance which may arise and have working capital to pay for goods up front. The general club plans to have a 20.kn excess from general aclivilies. The surplus is set aside for capital developments and contributions to sporting improvements. Sections are expected lo operate In a similar financially responsible manner with an operating model which allows for a budget surplus lo contribute to future capital expenditure. After allowng for the above, financjal reserves are sufficient to cover all anlicipaled expenditure. It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additlonal funds may be raised. This level of reserves has been maintained throughout the year. The trustees have assessed the major risks lo which the charity is exposed, and are satisfied that systems are in pla lo mitigate exposure lo the major risks. Structure, governance and management The Charity's governing document is the club rules. The Iruslees who served during the year and up to the dale of signature of the financial slalements were.. Mr O T Granlham MrA Brumfield Mr R J Taylor
BEVERLEY TOWN CRICKET AND RECREATION PLAYING CLUB TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 30 SEPTEMBER 2024 New trustees are appointed by the members at the Annual General Meeting. Trustees who already hold office are rewelected al the same meeting. The trustees. report was approved by the Board of Trustees. Mr O T Granlham Trustee 22 July 2025
BEVERLEY TOWN CRICKET AND RECREATION PLAYING CLUB INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BEVERLEY TOWN CRICKET AND RECREATION PLAYING CLUB I report lo the trustees on my examination of the financial slalemenls of Beverley Town Cricket and Recreation Playing Club (the charity) for the year ended 30 September 2024. Responsibilities and basis of report As the trustees of the charity you are responsible for the preparation of the financial statements in accordancè with the requirements of the Charities Act 2011. I report in respect of my examination of the charity's financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515llbl of the Charities Act 2011. Independent &xamlnerfs statement Your attention is drawn ID the fact that the charity has prepared the financial statements in accordance rith the relevant version of the Statement of Recommended Practice applicable lo charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in preference lo the Accounting and Reporting by Charits'es.. Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulatlons but has now been withdrawn. l understand that this has been done in order for the financial statements lo provide a true and fair view in accordance wth UK Generally Accepted Accounting Practice. I have completed my examination. l confirm that no matters have come lo my allenlion in connection with the examination giving me caLJse to believe that in any material respect.. accounting records were not kept In respect of the charity as required by section 130 of the Charities Act 2011. the financial slalemenls do not accord with those records., or the financial statements do not comply with the applicable requirements concerning the fomi and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination lo which attention should be drawn in this report in order lo enable a proper understanding of the financial slalements lo be reached. Finnies Accountants Limited 4-6 Swaby's Yard Walkergate Beverfey East Yorkshire HU17 9BZ United Kingdom 22 July 2025
BEVERLEY TOWN CRICKET AND RECREATION PLAYING CLUB STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2024 Unrestricted funds 2024 Unrestricted funds 2023 Notes Income and endowm9nts from: Donations and legacies Charitable activities Other trading activities Other income 24,273 181,440 18,624 25,195 22,340 146,595 23,303 23,507 Total Income 249,532 215,745 Expenditure on- Charitable a¢livilies 246,145 194,920 Total expenditure 246,145 194,920 Net Income and movement In funds 3,387 20,825 Reconciliation of funds- Fund balances al 1 October 2023 362,814 341,989 Fund balances at 30 September 2024 386,201 362,814 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
BEVERLEY TOWN CRICKET AND RECREATION PLAYING CLUB BALANCE SHEET AS AT30 SEPTEMBER 2024 2024 2023 Notes Flxed assets Tangible assets 12 228,740 219,930 Current assets Stocks Debtors Cash al bank and in hand 13 14 120 44,477 107,765 120 44,860 122.205 152,362 167,185 Creditors- amounts falling due within one year 15 114,9011 124,3011 Net current assets 137,461 142,884 Total as$gts1oss currfynt Ilablllt19$ 366,201 362.814 The funds of the charlty Unreslricled funds 16 366,201 362,814 366,201 362,814 The financial slalemenls were approved by the trustees on 22 July 2025 MrA Brumfield Trustee
BEVERLEY TOWN CRICKET AND RECREATION PLAYING CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Accounting policies 1.1 Accounting convention The financial slalements have been prepared in accorl1an with the charity's goveming document, the Charities Act 2011, FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" The charity is a Public Benefit Enlily as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepare a stslemenl of cash flows. The financial slalements have departed from the Charities IAccounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Slalemenl of Recommended Practice which is referred to in the Regulations bul which has since been withdrawn. The financial statements are prepared in sterfing, which is the functional currency of the charity. Monetary amounts in these financial statements are roLJnded to the nearest £. The financial slalements have been prepared under the historical cost convention, Imodified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair valuel. The principal accounting policies adopted are sel out below. 1.2 Going concern At the lime of approving the financial slalemenls, the trustees have a reasonable expectation that the charity has adequate resources lo continue in operational existence for the foreseeable future. Thus the trustees continue lo adopt the going concern basis of accounting in preparing the financial stslemenls. 1.3 Charitable funds Unrestricted funds can be used in accordance with the charitable objectives al the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restriction5 arise when specified by the donor or when funds are raised for particular restricted purposes. Endowment funds are subject lo specific conditions by donors that the capital musl be maintained by the charity. 1.4 Income Income is recognised when the charity is legally entitled to it after any perf0mlan conditions have been met, the amounts can be measured reliably, and il is probable that income will be received. Cash donations are recognised on receipt. other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income lax recoverable in relation lo donations received under Gift Aid or deeds of covenant is recognised at the lime of the donation.
BEVERLEY TOWN CRICKET AND RECREATION PLAYING CLUB NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Accounting policies (Continued) 1.5 Expenditure Liabilities are recognised as expenditure as soon as there is a legal or conslruclive obligation committing the charity lo that expendilLJre, il is probable that a transfer of economic benefits will be required in selllemenl and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related lo the category. Vvhere costs cannot be directly attributed to particular headings they have been allocated lo activities on a basis consistent with the use of resources. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, nel of depreciation and any impairment losses. Depreciation is recognised so as lo write off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Freehold land and buildings Plant and eqLJipment Fixtures and fittings Ovo pa on cost 10% pa on written down value 1 OOA pa on written down value The gain or loss arising on the disposal of an asset is detemiined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. 1.7 Impalmient of fixed assets At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss lif any). 1.8 stocks Stocks are slated al thè lower of cost and eslimaled selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks lo their present location and condition. Items held for distribution al no or nominal consideration are measured the lower of replacement cost and cost. Net realisable value is the eslimaled selling price less all estimated costs of completion and costs to be in¢urred in marketing, selling and dislribulion. 1.9 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at ¢all with banks, other short-lerm liquid investments wth original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.10 Flnanclal instruments The charity has elected lo apply the provisions of Section 11 'Basi¢ Financial Instruments, and Section 12 'Olher Financial Instruments Issues, of FRS 102 to all of ils financial instruments. Finanaal instruments are regnised in the charity's balance sheet when the charity becomes paty to the contractLJal provisions of the instrument. Finanaal assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to setue on a net basis or lo realise the asset and settle the liability simultaneously.
BEVERLEY TOWN CRICKET AND RECREATION PLAYING CLUB NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Accounting policies (Continued) Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price induding transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement conslilules a finanang Iransaclion, where the transaction is measured at the present value of the future reip1S di$Unted al a market rale of interest. Financial assets Classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including Creditors and bank loans are initially re¢ognised al transa¢lion pri unless the arrangement constitutes a financing transaction. where the debt instrument is measured al the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due wthin one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured al amortised cost using the effective interest method. Derecognltlon of flnanclal Ilabllftles Finanaal liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 1.11 Taxatlon The charity is exempt from lax on its charitable ad'vities. 1.12 Employee beneflts The cost of any unused holiday entitlement is recognised in the period in which the employee's ServIS are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. 1.13 Retlramont b•n&flts There were no trustees, remuneration or other benefits for the year ended 30 September 2023 nor the year ended 30 September 2022. Critical accounting &stimat8s and judgamonts In the application of the charity's accounting policies, the trustees are required to make judgements, eslimales and assumptions about the Carrying amount of assets and liabilities that are not readily apparent from other sources. The eslimales and associated assumptions are based on historical experien and other factors that are considered lo be relevant. Actual results may differ from these estimates. The eslimales and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period. or in the period of the revision and future periods where the revision affects both current and future periods.
BEVERLEY TOWN CRICKET AND RECREATION PLAYING CLUB NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Income from donations and legacies Unrestricted funds 2024 Unrostricted funds 2023 Membership fees 24,273 22,340 4 Charitable activities Squash sectson Bowling sectson Tennis section 2024 Cricket section 2024 Football section 2024 Total 2024 Total 2023 2024 2024 Sales within charitable activities 16,930 8,093 4,806 31,834 119,777 181,440 146,595 For the year ended 30 September 2023 Squash seciion Bowling Tennls seciioncrlckèt seciion seciion Football SÈClion Total 2023 Sales within charitable activities 7,466 7,455 4,281 41,946 85,447 146,595 Analysis by fund Unreslricled funds 7,466 7,455 4,281 41,946 85,447 146,595 Income from other tradlng actlvltles Unrestricted Unrestricted funds funds 2024 2023 Expenses recharged to SOCO Hire of club faalilies SOCO donation 3,612 4,388 10,624 3.612 3,746 15,945 Other trading activities 18,624 23,303
BEVERLEY TOWN CRICKET AND RECREATION PLAYING CLUB NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Other income Unrestricted Unrestricted funds funds 2024 2023 Other income Donations Squash light meters Orange sile rentsl 14,635 2,433 3,491 4,638 14,400 4,471 4,636 25,195 23,507 Expenditure on charitable activities Expenditure Expenditure 2024 2023 Direct costs Depreciation and impairment Squash section Bowling section Tennis section Cricket section Football section Wages Rates, waste and water 6,598 19,435 11,142 4,533 27,622 129,996 6,932 1,026 6,043 7,460 5.357 3,233 55,336 70,620 12,030 2,836 E 11 Insurance Light and heat Telephone and intemel Sundries Petrol and oil Repairs Accountancy Legal and professional Other charitable expenditure 5,050 13,113 1,056 5,077 451 12,064 2,050 4,351 18,240 1,522 5,544 361 6,172 2,050 725 16.9601 246,145 194,920 Anatysis by fund Unreslricled funds 248,145 194,920 10-
BEVERLEY TOWN CRICKET AND RECREATION PLAYING CLUB NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Net movement in funds 2024 2023 The net movement in funds is ststed after chargingllcreditingl. Fees payable for the independent examination of the charity's financial statements Depreciation of owned tangible fixed assets 6.598 6,043 Truste&s None of the Iruslees lor any persons ¢onne¢ted with them) received any remuneration or benefrts from the charity during thè year. 10 Employees The average monthly number of employees during the year was.. 2024 Number 2023 Number There were no employees whose annual rernuneralion was more than £60,000. 11 Taxatlon The charity is exempt from taxation on ils activities because all ils income is applied for charitable purposes. 12 Tangible fixed assets Freehold land and buildin95 Plant and Fixtures and equipment fitting5 Total Cost At 1 October 2023 Additions 188,577 3,823 67,135 11,383 58,856 202 314,568 15,408 At 30 September 2024 192,400 78,518 59,058 329,976 Depreciation and impairment At 1 October 2023 Depreciation charged in the year 49,099 5,063 45,539 1,535 94,638 6,598 At 30 September 2024 54,162 47,074 101,236 Carrying amount At 30 September 2024 192,400 24,356 11,984 228,740 At 30 September 2023 188,577 18,036 13,317 219,930
BEVERLEY TOWN CRICKET AND RECREATION PLAYING CLUB NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 13 Stocks 2024 2023 Finished goods and g¢)ods for resale 120 120 14 Debto 2024 2023 Amounts falling due within one year.. Trade debtors Other debtors Prepayments accrued income 30 43,348 1,099 44,461 399 44,477 44.860 15 Crgdltors: amounts falllng dug wlthln one yoar 2024 2023 Trade creditors Accruals and deferred income 12,831 2,070 20,181 4,120 14,901 24,301 16 Unrestricted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject lo spe¢ifi¢ Conditions by donors and grantors as lo how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. At 1 October 2023 Incomlng resources Resources At30 expended September 2024 General funds 382,814 249,532 1246,1451 366,201 Previous year- At l October 2022 Incoming resources Resources At30 expended September 2023 General funds 341,989 215,745 1194,9201 362,814 17 Related party transactions There were no disclosable related party transactions during the year12023 - none). 12-