Contents of the Financial Statements

for the Period Ended 31 January 2025

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

Directors' report period ended 31 January 2025

The directors present their report with the financial statements of the company for the period ended 31 January 2025

Directors

The directors shown below have held office during the whole of the period from
1 February 2024 to 31 January 2025

Peter Ackerley
Richard Gould
Forhad Hussain
Sancha Legg
Ruth Sienkiewicz
James Wood

The directors shown below have held office during the period of
1 February 2024 to 16 April 2024

Ian Lovett
Scott Smith

The directors shown below have held office during the period of
16 April 2024 to 31 January 2025

Nimesh Kataria
Richard Thompson

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
30 April 2025

And signed on behalf of the board by:
Name: Richard Gould
Status: Director

Profit And Loss Account

for the Period Ended 31 January 2025

	2025	2024
	£	£
Turnover:	29,054,485	22,006,695
Cost of sales:	( 26,511,348 )	( 25,266,511 )
Gross profit(or loss):	2,543,137	(3,259,816)
Administrative expenses:	( 688,227 )	( 783,946 )
Other operating income:		33,243
Operating profit(or loss):	1,854,910	(4,010,519)
Profit(or loss) before tax:	1,854,910	(4,010,519)
Tax:	0	0
Profit(or loss) for the financial year:	1,854,910	(4,010,519)

Balance sheet

As at 31 January 2025

	Notes	2025	2024
		£	£
Fixed assets
Investments:	3	2	8,117,882
Total fixed assets:		2	8,117,882
Current assets
Debtors:	4	4,154,221	3,591,567
Cash at bank and in hand:		35,631,754	26,604,843
Investments:	5	122,644
Total current assets:		39,908,619	30,196,410
Prepayments and accrued income:		358,813	539,999
Creditors: amounts falling due within one year:	6	( 541,913 )	( 1,670,101 )
Net current assets (liabilities):		39,725,519	29,066,308
Total assets less current liabilities:		39,725,521	37,184,190
Creditors: amounts falling due after more than one year:		0	0
Accruals and deferred income:		( 2,964,114 )	( 2,277,693 )
Total net assets (liabilities):		36,761,407	34,906,497
Members' funds
Profit and loss account:		36,761,407	34,906,497
Total members' funds:		36,761,407	34,906,497

The notes form part of these financial statements

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.

The notes form part of these financial statements

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

  Turnover policy

  Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received, and the amount can be measured reliably. All incoming resources are included in the Statement of Financial Activities (‘SOFA’) when the Trust is legally entitled to the income, is reasonably certain of receipt and the amount can be measured with sufficient reliability. Donations and legacies are recognised in the SOFA in the period in which they are received and paid. - Income from charitable activities: Grant funding from Sport England, KP Snacks and IG Index is recognised in the period to which it relates and matched to the appropriate grant expenditure in England. - Investment income: interest on funds held on deposit is included when receivable, and/or the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank and is requested at year-end. Grants payable are made to third parties in the furtherance of the charitable objectives of the Trust: either revenue grants (Recreational Cricket Boards and cricketing charities) or capital grants (cricket clubs and other appropriate applicants, e.g. local authorities).

  Other accounting policies

  Revenue grants Capital grants Admin costs allocation Loans Expenditure

Notes to the Financial Statements

for the Period Ended 31 January 2025

• 2. Employees

  	2025	2024
  Average number of employees during the period	0	0