I.·
DRUMANESS SUPERKINGS CRICKET CLUB
ANNUAL ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
DRUMANESS SUPER KINGS CRICKET CLUB INFORMATION
| CLUB ADDRESS | THE CLUB HOUSE, VILLAGE GROUND |
|---|---|
| DRUMANESS | |
| BT248RL | |
| CLUB OFFICIALS | |
| CHAIRMAN | DARREN OLDROYD |
| VICE CHAIRMAN | SENTHIL KUMAR |
| SECRETARY | PAUL FENTON |
| TREASURER | NEIL WALSH |
| ASSISTANT TREASURER | GARRY WALSH |
| FUNDRAISING OFFICER | NEIL WALSH |
| SAFEGUARDING OFFICER | LYNNE WALSH |
| CRICKT DEVELOPMENT | EMMA SMYTH |
| WOMENS DEVELOPMENT | EMMA CUNNINGHAM |
| GROUNDS OFFICER | NEIL GELSTON |
| INDEPENDENT EXAMINER | FRANCIS O’PREY |
DRUMANESS SUPER KINGS CRICKET CLUB CONTENTS
| PAGE | |
|---|---|
| STATEMENT OF THE COMMITTEE'S RESPONSIBILITIES | 1 |
| INDEPENDENT EXAMINER'S REPORT | 2 |
| INCOME & EXPENDITURE ACCOUNT | 3 |
| BALANCE SHEET | 4 |
| NOTES TO THE ACCOUNTS | 5-6 |
PAGE l
DRUMANESS SUPER KINGS CRICKET CLUB STATEMENT OF THE COMMITTEE'S RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024
Officers' and Management Committee's responsibility for the financial statements
The Registration of Clubs (NI) Order 1996 requires officers and management committee to prepare an annual statement of accounts which gives a true and fair view of the state of affairs of the club and of the income and expenditure of the club for that financial year. In preparing the statement of accounts the officers and committee members are required to:
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Select suitable accounting policies and then apply them consistently
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Make judgments and estimates that are reasonable and prudent
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Prepare the accounts on the going concern basis unless it is inappropriate to presume that the club will continue in business
The officers and management committee are also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the club and to enable them to ensure that the accounts comply with the Registration of Clubs (Accounts) Regulations (NI) 1997. They also are responsible for safeguarding the assets of the club and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed:
Chairman
Honorary Treasurer
Date: 31.03.24
DRUMANESS SUPER KINGS CRICKET CLUB INDEPENDENT EXAMINERS' REPORT TO THE OFFICERS, COMMITTEE AND MEMBERS OF THE DRUMANESS SUPER KINGS CRICKET CLUB
PAGE 2
We have independently examined the income and expenditure accounts of Drumaness SuperKings Cricket Club.
This report is made solely to the club's members, as a body, in accordance with Article 4 of the Registration of Clubs (Accounts) Regulations (NI) 1997. Our audit work has been undertaken so that we might state to the club's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the club and the club's members as a body, for our work, for this report, or for the opinions we have formed.
Respective responsibilities of committee of management and auditor
As explained more fully in the Committee of Management's Responsibilities Statement set out on page 1, the Committee of Management is responsible for the preparation of the financial statements which give a true and fair view. Our responsibility is to examine and express an opinion on the financial statements in accordance with applicable law.
Scope of the audit of the financial statements
An audit involves obtaining evidence about the amounts and disclosures in the financial statements.
Opinion on financial statements
In our opinion the financial statements:
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give a true and fair view of the state of the club's affairs as at 31st March 2024, and of its income and
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expenditure for the year then ended; and
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have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice
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applicable to Smaller Entities, and the Registration of Clubs (Accounts) Regulations (NI) 1997.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters where the Registration of Clubs (Accounts) Regulations (NI) 1997 require us to report to you if, in our opinion:
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proper books of account have not been kept by the club in accordance with the requirements of the
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legislation,
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a satisfactory system of control over transactions has been maintained by the club in accordance with the
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requirements of the legislation,
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the revenue account of the other accounts (if any) to which our report relates, and the balance sheet are not
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in agreement with the books of account of the club,
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we have not obtained all of the information and explanations we require for our examination
FRANCIS O’PREY ACCOUNTANT
| DRUMANESS SUPER KINGS CRICKET CLUB INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 |
PAGE 3 |
|---|---|
| Note Income Donations Grants Memberships Sponsorship Other Income 5 Expenditure Direct Costs Bank Charges Training Insurance Repairs, maintenance and renewals Subscriptions Donations Advertising Depreciaton of equipment Legal and professional fees Accountancy and audit fees Total Expenditure (Deficit) of Income over Expenditure |
2024 516 2,383 8,317 4,531 5,512 21,259 15,819 82 1,317 922 5,753 1,339 - 169 5,624 952 360 32,337 |
| (11,078) |
Preparation of Account
This account was drawn up on behalf of the Committee by Neil Walsh
Signed:
Dated:
This Account was approved by the Committee on: 31.03.24
Signed on behalf of the committee:
Name: Darren Oldroyd (Chairman)
DRUMANESS SUPER KINGS CRICKET CLUB BALANCE SHEET AS AT 31 MARCH 2024 PAGE4
| Fixed Assets Note Tangible Assets 5 Current Assets Bank Current Account Current Liabilities Accruals Net current assets Total assets less current liabilities Capital Account Capital Account 6 |
2024 11,436 |
|
|---|---|---|
| 11,436 | ||
| 3,778 | ||
| 3,778 | ||
| 360 360 |
||
| 3,418 | ||
| 14,854 | ||
| 14,854 |
Preparation of Account
This account was drawn up on behalf of the Committee by Neil Walsh
Signed:
Dated: 31.03.24
Approval of Account
The foregoing balance sheet was approved by the committee on:
Signed on behalf of the Committee Name: Darren Oldroyd (Chairman)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
PAGE 5
DRUMANESS SUPER KINGS CRICKET CLUB
1 Accounting policies
The accounting policies adopted by the club are consistent with those adopted previously and are set out below :
1.1 Accounting principles
These financial statements have been prepared in compliance with FRS 102, "The Financial Reporting Standard applicable in the UK and the Republic of Ireland". The historical cost convention has been used, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through the profit or loss in sterling which is the functional currency of the entity. The financial statements have been prepared in accordance with the provisions of the Registration of Clubs (Accounts) Regulations (Northern Ireland) 1997. 1.2 Grants Grants are credited to deferred revenue. Grants towards capital expenditure are released to the profit and loss account as the related expenditure is incurred. 1.3 Value added tax VAT where recoverable has been excluded from these accounts. 1.4 Depreciation Depreciation is provided at rates calculated to write off the costs less residual value of each asset over its expected useful life as follows : Equipment - Straight line depreciation over 5 years 2 Income
Income for the year represents cash receivable for the provision of facilities for and to promote participation of the whole community in the sport of cricket during the year, net of value added tax.
| DRUMANESS SUPER KINGS CRICKET CLUB NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 |
PAGE 6 |
|---|---|
| 3 Subscriptions The main categories of membership and numbers are: Full Students Kids 4 Other Income Kit Prize Money Pitch Hire Fund Raising 5 Tangible fixed assets Equipment Cost or valuation At 1 April 2023 18,747 Additions 3,750 At 31 March 2024 22,497 Depreciation At 1 April 2023 5,437 Charge for the year5,624 At 31 March 2024 11,061 Net Book At 31 March 2024 11,436 At 31 March 2023 13,310 6 Capital Account Balance at 1 April 2023 Surplus/(Deficit) for year Balance at 31 March 2024 |
2024 36 15 108 159 2024 310 100 100 3220 5,512 Total 18,747 3,750 22,497 5,437 5,624 11,061 11,436 13,310 2024 25,932 (11,078) 14,854 |