SOMERSET CRICKET FOUNDATION

Company limited by guarantee

Company Registration Number:
07393280 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2025

Period of accounts

Start date: 1 February 2024

End date: 31 January 2025

SOMERSET CRICKET FOUNDATION

Contents of the Financial Statements

for the Period Ended 31 January 2025

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

SOMERSET CRICKET FOUNDATION

Profit And Loss Account

for the Period Ended 31 January 2025

2025 16 months to 31 January 2024


£

£
Turnover: 844,085 1,097,049
Cost of sales: ( 894,477 ) ( 1,048,856 )
Gross profit(or loss): (50,392) 48,193
Operating profit(or loss): (50,392) 48,193
Profit(or loss) before tax: (50,392) 48,193
Profit(or loss) for the financial year: (50,392) 48,193

SOMERSET CRICKET FOUNDATION

Balance sheet

As at 31 January 2025

Notes 2025 16 months to 31 January 2024


£

£
Fixed assets
Tangible assets: 3 23,202 14,847
Total fixed assets: 23,202 14,847
Current assets
Debtors: 4 33,686 65,314
Cash at bank and in hand: 454,816 508,219
Total current assets: 488,502 573,533
Creditors: amounts falling due within one year: 5 ( 72,143 ) ( 98,427 )
Net current assets (liabilities): 416,359 475,106
Total assets less current liabilities: 439,561 489,953
Total net assets (liabilities): 439,561 489,953
Members' funds
Profit and loss account: 439,561 489,953
Total members' funds: 439,561 489,953

The notes form part of these financial statements

SOMERSET CRICKET FOUNDATION

Balance sheet statements

For the year ending 31 January 2025 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 19 August 2025
and signed on behalf of the board by:

Name: Mr Peter Winston Gordon Duguid
Status: Director

The notes form part of these financial statements

SOMERSET CRICKET FOUNDATION

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 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

SOMERSET CRICKET FOUNDATION

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 2. Employees

    2025 16 months to 31 January 2024
    Average number of employees during the period 39 40

SOMERSET CRICKET FOUNDATION

Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2024 37,930 25,575 63,505
Additions 9,981 3,529 13,510
Disposals
Revaluations
Transfers
At 31 January 2025 47,911 29,104 77,015
Depreciation
At 1 February 2024 23,218 25,440 48,658
Charge for year 3,906 1,249 5,155
On disposals
Other adjustments
At 31 January 2025 27,124 26,689 53,813
Net book value
At 31 January 2025 20,787 2,415 23,202
At 31 January 2024 14,712 135 14,847

SOMERSET CRICKET FOUNDATION

Notes to the Financial Statements

for the Period Ended 31 January 2025

4. Debtors

2025 16 months to 31 January 2024
£ £
Trade debtors 23,686 30,318
Prepayments and accrued income 10,000 34,996
Total 33,686 65,314

SOMERSET CRICKET FOUNDATION

Notes to the Financial Statements

for the Period Ended 31 January 2025

5. Creditors: amounts falling due within one year note

2025 16 months to 31 January 2024
£ £
Trade creditors 45,144 26,381
Taxation and social security 11,143 124
Accruals and deferred income 12,512 68,867
Other creditors 3,344 3,055
Total 72,143 98,427