LANCS T20 SUPER LEAGUE CIC

Company limited by guarantee

Company Registration Number:
11841271 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 1 March 2022

End date: 28 February 2023

LANCS T20 SUPER LEAGUE CIC

Contents of the Financial Statements

for the Period Ended 28 February 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

LANCS T20 SUPER LEAGUE CIC

Directors' report period ended 28 February 2023

The directors present their report with the financial statements of the company for the period ended 28 February 2023

Directors

The directors shown below have held office during the whole of the period from
1 March 2022 to 28 February 2023

Jabir Patel
Sabah Ghaus
Abid Riaz


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
17 November 2023

And signed on behalf of the board by:
Name: Jabir Patel
Status: Director

LANCS T20 SUPER LEAGUE CIC

Profit And Loss Account

for the Period Ended 28 February 2023

2023 2022


£

£
Turnover: 22,541 16,810
Cost of sales: ( 13,461 ) ( 19,377 )
Gross profit(or loss): 9,080 (2,567)
Administrative expenses: ( 19,445 ) ( 9,121 )
Other operating income: 11,390 10,989
Operating profit(or loss): 1,025 (699)
Profit(or loss) before tax: 1,025 (699)
Tax: ( 35 )
Profit(or loss) for the financial year: 990 (699)

LANCS T20 SUPER LEAGUE CIC

Balance sheet

As at 28 February 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 1,785 3,987
Total current assets: 1,785 3,987
Creditors: amounts falling due within one year: 3 ( 1,638 ) ( 4,830 )
Net current assets (liabilities): 147 (843)
Total assets less current liabilities: 147 ( 843)
Total net assets (liabilities): 147 (843)
Members' funds
Profit and loss account: 147 ( 843)
Total members' funds: 147 (843)

The notes form part of these financial statements

LANCS T20 SUPER LEAGUE CIC

Balance sheet statements

For the year ending 28 February 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

This report was approved by the board of directors on 23 November 2023
and signed on behalf of the board by:

Name: Jabir Patel
Status: Director

The notes form part of these financial statements

LANCS T20 SUPER LEAGUE CIC

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value addedtax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers suchthat risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised byreference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costsincurred for work performed to date to the total estimated contract costs.

LANCS T20 SUPER LEAGUE CIC

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

LANCS T20 SUPER LEAGUE CIC

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 35
Other creditors 1,603 4,830
Total 1,638 4,830

2023 figure for other creditors includes £1083 of loan from directors.2022 figure for other creditors includes £4310 of loan from directors.

COMMUNITY INTEREST ANNUAL REPORT

LANCS T20 SUPER LEAGUE CIC

Company Number: 11841271 (England and Wales)

Year Ending: 28 February 2023

Company activities and impact

In the space provided below, please insert a general account of the company’s activities in thefinancial year to which the report relates, including a description of how they have benefitedthe community.Now that the pandemic was more or less in control, we were able to focus fully on the 2022season. We had been approached by many teams for the Thursday league. We decided toaccept only 8 teams this time. Because of the demand for cricket, we also formed a T30Sunday league which consisted of 12 teams. We were very much looking forward to using asimilar format from a well-established Thursday league and superimposing to a Sundayleague.This was a tough season; we had the best weather ever imaginable and every week therewere 10 games taking place across multiple venues.The competition was still equally competitive, and we had to show far more flexibility in ourscheduling because of the additional league. We also went to a separate day for the final, aThursday evening as opposed to a Sunday for two semi-finals and a final. The Sunday leagueproved to be a success and we managed to implement many of the ideas from our currentThursday league.We engaged with nearly 400 players across both leagues over a course of the season. Ourawards ceremony was very well attended (200 people) and the local MP, councillors and theMayor of Bolton all attended. It was very well received.

Consultation with stakeholders

Our Stakeholders are as follows:Players, Umpires, Ground personnel, Affiliated Leagues, LCF, Support team, Kit Suppliersand Sponsors.We have tirelessly been in contact with all the stakeholders throughout the season in one wayor another. We communicate via social media, e-mail and phone.All the stakeholders have at some point suggested improvements in the way the league runs,and we have responded with that change where it was needed.Upon consultation we ended up changing the following:1. Player eligibility (no overseas players)2. Scoring manually and updated via WhatsApp3. Competition- additional league set-up. Had to communicate across multiple teams4. Semi-final and final played on the same evening-Thursday5. Sunday games had to be played: two games per ground (due to ground availability)

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
10 November 2023

And signed on behalf of the board by:
Name: Jabir Patel
Status: Director