EDGBASTON FOUNDATION

Company limited by guarantee

Company Registration Number:
08751227 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

EDGBASTON FOUNDATION

Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

EDGBASTON FOUNDATION

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal activities of the company

To provide and assist in providing facilities for sport, recreation and other leisure time occupation of individuals who have the need of such facilities by reason of their youth, age, infirmity or disability, financial hardship, or circumstances with the object of improving their conditions of life; To promote social inclusion for the public benefit by preventing people from becoming socially excluded, relieving the needs of those people who are socially excluded and assisting them to integrate into society; and To promote, for the benefit of the public, the conservation, protection, and improvement of the physical and natural environment by promoting sustainable stadium and sports club operations.

Additional information

Brief statement on the Charity’s policy on reserves: The Edgbaston Foundation currently holds £56,113 in reserves of which £7,222 is unrestricted. The Board reviews the amount of unrestricted reserves annually to ensure that they are adequate to fulfil our continuing obligations until our closure is confirmed. Further financial review details: Revenue for 2024 was £33,944, expenditure £50,517 with a net deficit of £16,573. Future of the Charity Financial statement: This year, the Charity applied to the Charity Commission to close down and subsequently transfer remaining assets to the Warwickshire Cricket Foundation (registered charity no.1205429). The Charity decided to not actively pursue additional funds and begin to wind down activity.



Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 31 December 2024

Norman Gascoigne
 Rachael Wong
 Stuart Cain
 Naz Khan
 Michael Stuart Hammond
 Mark Axcell
 Aaron Dunkley
 Waheed Saleem

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
9 September 2025

And signed on behalf of the board by:
Name: Stuart Cain
Status: Director

EDGBASTON FOUNDATION

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£
£
Turnover: 33,944 148,303
Cost of sales: ( 50,517 ) ( 146,483 )
Gross profit(or loss): (16,573) 1,820
Operating profit(or loss): (16,573) 1,820
Profit(or loss) before tax: (16,573) 1,820
Profit(or loss) for the financial year: (16,573) 1,820

EDGBASTON FOUNDATION

Balance sheet

As at 31 December 2024

Notes 2024 2023


£
£
Current assets
Cash at bank and in hand: 89,825 87,071
Total current assets: 89,825 87,071
Creditors: amounts falling due within one year: 3 ( 33,712 ) ( 14,385 )
Net current assets (liabilities): 56,113 72,686
Total assets less current liabilities: 56,113 72,686
Total net assets (liabilities): 56,113 72,686
Members' funds
Profit and loss account: 56,113 72,686
Total members' funds: 56,113 72,686

The notes form part of these financial statements

EDGBASTON FOUNDATION

Balance sheet statements

For the year ending 31 December 2024 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 9 September 2025
and signed on behalf of the board by:

Name: Stuart Cain
Status: Director

The notes form part of these financial statements

EDGBASTON FOUNDATION

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 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

    Other accounting policies

    Going concern: On 31 December 2024 Edgbaston Foundation had net assets of £56,113. The Trustees consider that there are no material uncertainties about the Company's ability to continue as a going concern.

EDGBASTON FOUNDATION

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 5

EDGBASTON FOUNDATION

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 0 12,950
Other creditors 33,712 1,435
Total 33,712 14,385