REGISTERED COMPANY NUMBER: 07286116 (England and Wales)

REGISTERED CHARITY NUMBER: 1141876

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

VENTNOR CRICKET CLUB LIMITED

Page

Report of the Trustees

1

to

6

Independent Examiner's Report

7

Statement of Financial Activities

8

Balance Sheet

9

to

10

Cash Flow Statement

11

Notes to the Cash Flow Statement

12

Notes to the Financial Statements

13

to

18

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 October 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objective of the Charity is set out in the governing document:

The promotion of community participation in healthy recreation for the benefit of the inhabitants of the Isle of Wight, in particular by the provision of facilities for playing cricket.

Public benefit

In planning objectives and activities for the year the trustees have considered the Charity Commission's guidance on public benefit.

ACHIEVEMENTS AND PERFORMANCE

Introduction:

Ventnor Cricket Club became a Registered Charity in July 2002 (Charity No 1093352) but was incorporated in 2010 and was re-registered as a charity (Ventnor Cricket Club Ltd. Charity No. 1141876). This is therefore report number 19 of the Trustees and covers the period from January 2025 to February 2026. It replaces the annual Chairman's Report and incorporates financial accounts from the Treasurer.

The objective of the Charity is set out in the Constitution 2025:

The promotion of community participation in healthy recreation for the benefit of the inhabitants of the Isle of Wight - in particular by the provision of facilities for playing cricket.

Review of progress towards meeting the objective and a general report of Club Activities.

This year Ventnor Cricket Club celebrated its 175th anniversary and it must go down as one of the most remarkable seasons in the Club's history. Who could have believed the changes since the Long Shore fisherman of Ventnor first started playing cricket.

The anniversary was celebrated in style both on and off the field. A series of special events were planned, driven by a small team of people. Ben Woodhouse, Lou Woodhouse, Bill Nichols and Graeme Burnett were the core members who produced the ideas and the detailed planning that was needed. The whole Club took on board these events, adding their help and support.

Two special games were organised with Hampshire and the MCC. Both teams played the game in the spirit of the day. What made these two games special was the crowd. Support not only came from the Club members and the people of Ventnor but of old friends from other Island Clubs both 'friends and foes'!

One of the two main events was the cricket match verses Lashings. This is an organisation of international cricketers who play fund raising matches around the country. The problem here was the expense needed before you even play the game and the cost of providing corporate type of hospitality.

The day was an outstanding success both on the field and financially. Once again, the Club gained great prestige for the whole organisation of the day. This did require help from so many people. Ex- players and members from the past all added to the to the atmosphere. The final balance sheet made it a very financially successful day.

The celebration ended with a Gala Dinner at the Royal Hotel in Ventnor. The new owners made us very welcome and hopefully it will help us with our links with the community. The dinner was oversubscribed with Club members of all ages, players, ex-players once again showing their support for the Club.

I must finish this part by once again giving the thanks from The Trustees to the 175 Team for their contribution to making this such an outstanding year.

Finance has again been a major issue for the Club, once again having to deal with the increase in energy costs and materials. The Finance Committee drafted a budget for the year with updates presented regularly at Executive Meetings. Monthly accounts were also presented. Our main expense was that the outside staircase to the balcony and changing rooms were condemned. Much research took place in looking at alternatives' structures, but it was decided that only a wooded replacement would match the ambiance of the ground. We were looking at an approx. cost of £20,000. This project is now completed thanks to a major donation by Sally and Tony Thatcher, with the support of cost price materials, voluntary help and 'Buy a step' sponsors. Alan Parker and Sid Owen bore much of the responsibility for the organisation of the work, thank you to them both. We now have the 'Owen Steps' up and running.

A number of grants and loans has been realised, and nearly all of these are investment which will reduce the cost of energy in the long run. These have included the up grading of our lighting system and extra solar panels. Bill Nichols has found grants from many sources including the ECB and Local Council.

A great deal of work is taking place to make better use of the facilities we can offer. There has been a major increase by the IWCB for use of the hall for training sessions. This is very welcome as it has improved our relationship with the Board. The use of our social areas has also increased with various functions.

We are incredibly lucky to have such a knowledgeable and experienced finance committee. The Trustees express their thanks to Alan Parker, Mark Fletcher, Bill Nichols, Ruth Noyes and Nigel Cox.

Last year's decision to enter two teams in the Island league seemed extremely ambitious. Two local grounds at Arreton and Brading had to be hired to fulfil the fixtures. This is never satisfactory for the teams using non-Club grounds, with another responsibility put upon the captains. A search for a second ground has started so the two Island teams can have one home. This is in its initial stages with investigation of grants, talks with present owners and suitability for adult cricket. The first signs are positive.

This year has seen the widest range of cricket offered to the community that we have ever managed. In competitive terms during the year, we have offered four senior men's sides every Saturday. Every week one of our top two team must make the journey to Hampshire. This requires a major commitment from our players, early ferries, and often late returns. We must give our great thanks to Red Funnel for their continued support with the cost of ferry fares.

Apart from the four Saturday league sides, a social side plays on Thursdays and Sundays. This cricket often provides a chance for the younger players and those unable to play on Saturdays to play adult cricket. The final adult team is a Ladies team which plays in the Island Women's league.

The importance of all these teams is that it has allowed many of the juniors a chance to play adult cricket. The 13 to 17 age group has always seen the greatest drop out of players. Our thanks must go to Jack Price, Nick Dobson, Kevin Attrill and Ruth Noyes for the way they supported the youngsters and made sure that they were always involved in the matches.

One of the hidden problems this year has been a change in the Safeguarding policies. We now must have a captain and vice-captain with DBS certificates for each team. For us this has meant making sure we have twelve qualified people to act as captain and vice captains.

Rob Snell has stood down as Chair of the Cricket Committee. He has been involved in the Cricket Committee for many years, and we would like to thank him for the work he has put in as Chair.

The junior section has continued to be successful. We are going through a challenging time with the younger ones as there is a drop in school numbers working through and you may not believe it, but covid has still made a difference in the attitude of some. We are running sessions and competitive leagues for u15, u13, u11. Dynamos and All Stars has continued this year giving us a strong group of boys and girls u 9s. Ruth Noyes continued to run Summer Camps for the Juniors. Finally, Ben Woodhouse has run his Little Legends sessions which interestingly has brought back some of our older players with their little ones. Special congratulation to the u15's who reached a regional tie as county winners (this included Hampshire teams).

Dineth (Dini) returned for another season as our overseas player. He continues to be a main stay of our 1st XI and helped maintain the team's position in the SCPL. He has also helped the juniors with coaching sessions and the summer camps. He has been very popular with all ages in the Club. It looks as though 2026 will see him returning for another season at Steephill.

A development over the last few seasons is the visit to Steephill of some younger overseas players for the season. This is sometimes a little difficult as the visa restrictions are extremely strict. Their contribution to the Club has been very positive as they bring a different view of cricket and life to our own players. Strong bonds of friendships have been made.

For the last two years the national accreditation for a well-run and child orientated club, Clubmark, has been in abeyance. The ECB have put together a new format, on a sliding scale, to allow more clubs to be able to qualify. We are still the only Island club to be fully accredited, and we wait and see the changes. One of the requirements to play in the SCPL is to be accredited.

Safeguarding is becoming increasingly important. We have had a number of issues this year, but they were dealt with quickly and successfully by our Safeguarding Officer, Roy George. Roy won an award, from the IWCB, for his work as SGO. Any issues must now be logged with the County SGO.

The Club has moved on with Spond becoming the main information channel for all areas of the Club. This year has seen the whole membership package, including payments, available on Spond. This is now accepted by most of our members although there is a small number who still find it difficult. The one area where it has made an enormous difference is in the selection of team. Captain have found the response from players very quick.

It would be remiss if the quality of the playing square and the surrounding ground was not mentioned organised by Ali Cotton. Once again, we had one of the best squares in the league. The change this year is that there has been an increasing number of players who have been willing to help with the maintenance.

The improvement in the surrounding areas of the ground has also had a great deal of work. There has been major work on trees to maintain safety standards. Once again it has been mainly completed by volunteers. Special mentioned and thanks to Steve Clutterbuck and Pete Buckley who regularly just go down to the ground and carry out routine groundwork.

This is my last Annual Report of behalf for the Trustees. It has been a privilege to have been secretary for the last forty years. I have seen the Club rise from an Island only team to one that is a senior Club in Hampshire and the Isle of Wight. How did this happen? People, year after year new people join the Club and add their ideas and especially skill to developing the Club. For me two people formed the foundation of the modern Club. Jack Rogers was President when I became secretary. He was a remarkable man who in our 75th season (1925) could have been playing at Ventnor in a team including Peers of the Realm. The stories he related on the way to meetings were endless. The strength of Jack was in the 'Spirit of Cricket'. He embedded these principles in the Club, and I hope we have maintained these standards.

The other major force in the Club was John Hilsum BEM. In the 1980's we built up an active committee of players who were both good cricketers and willing to develop the Club. For twenty years our committee names were the same. It was also the same people who became coaches under the National Cricket Association, and this formed the foundation of Ventnor's Junior teams. I wish there was room to mention everyone's names as we formed strong friendship and could rely on each other's support.

John was unusual in that he had he had constant ideas for the development of the Club, but he also had the determination to see project through. The building of our present facilities is due to him, turned down by the National Lottery several times his persistence was at last rewarded by the Steephill we see today. It was also John who pushed for the Club to enter the HCL which has led on to the SCPL. These were not easy decisions for the Club to make and my task as secretary was often stretched.

The role of secretary gave me a chance to work with other Clubs through the IWCB and once again friendships were made for life.

As a Middle School Teacher I had the chance to help develop junior cricket both in school and clubs. I always consider this to be my most important work and now when coaching is a little more difficult, umpiring on a Sunday morning is still fun. This work gave me the chance to see many juniors score their first four or take their first wickets. What I have appreciated most is the fun, friendship and support the juniors and their parents have shown to me especially when some of those eight-year-olds are now in their fifties with their own children.

Although we are now a company and a charity, we are still one Club providing cricket for all ages. Year after year we have had new people with top class skills coming to the Club and volunteering their skills and knowledge so that we can continued to develop.

In the end it is the people who have made Ventnor special and will continue to in the future. Thanks to everyone who has made this possible.

As a batting coach would say, well done on your 175, take your applause, now, take a deep breath, review the field, take a fresh guard, and go for the 200. Bat's up.

FINANCIAL REVIEW

Financial position

The financial delivery of Ventnor Cricket Club and financial decision making process is coordinated through the Finance Committee, which is a sub-committee of the Club Executive committee

The finance committee meets approximately every 2 months and holds the responsibility for managing the majority of the financial and business elements of running the Cricket Club. The group leads on and assesses the following areas;

- Annual income and expenditure budget reports phased into the 12 months of the year

- Monitors monthly actual income and expenditure against phased monthly budgets

- Focuses on longer term financial plans and investments in maintenance

- Membership Payments

- Fund Raising

- Capital Expenditure

- Bank Account/Cash Flow Summary

Our thanks go to the finance group:

- Alan Parker - Chair

- Mark Fletcher - Treasurer

- Ruth Noyes

- Nigel Cox

- Bill Nichols

- Louise Woodhouse

Annually, the cricket club's operations now incur running costs of the order of £100,000. The largest proportion is attributable to building overheads, notably energy and maintenance, and ground preparation costs.

Meanwhile, cricket-related income, including membership fees, fundraising and sponsorship, is insufficient to cover these expenses. As a result, the club relies on the trading-related income generated from, for example, the bar, catering, lodge and sports hall-hire to 'bridge the gap'. Together the bar and Lodge (the latter in decline in recent years) contribute around £25k.

We are also greatly appreciative of the generous donations made by members, some very substantial in the past 12 months.

We also make significant efforts both to control our costs and to boost our income. Illustratively, to mitigate rising energy costs, in the last two years, we have extended both our solar power generation capability and installed LED lighting in the sports hall. This is an ongoing effort with further investment targeted in the next two years.

On the income side, specifically, in 2024-25, the occasion of the club's 175th anniversary year enabled us to generate significant additional revenue. This in turn enabled us to slow the long-term depletion of the club's reserves. This challenge remains a critical focus for the club's executive team.

Finally, it must be stressed that these results are due to a great deal of voluntary work. Every aspect of our operations is dependent on the support of our wonderful volunteers who do so much to help the club and, in turn, the community which it serves.

Reserves policy

At the year end the charity holds £838,267 (2024 - £855,947) in reserves, £837,667 (2024 - £855,347) of which is unrestricted, and of this free reserves not invested in fixed assets amount to £16,053 (2024 - £8,935).

Of this £4,000 (2024 - £4,000) is designated to the JC Rogers Trust fund set aside for expenditure on the club's under 16s team the colts, £5,000 (2024 - £5,000) is designated to the maintenance fund set aside for potential future maintenance costs and £1,551 is designated to the England and Wales Cricket Trust (loan) fund set aside for notional interest on the loan taken out during the year, leaving £5,502 surplus (2024 - £2,482 deficit).

The reserves are held to allow the charity to function with flexibility and to allow it to deal with cashflow fluctuations and meet the unexpected expenses that can arise in running the club. The trustees are aiming to increase reserves to a level of £40,000 at which point it will be budgeted to maintain this level, with investments and maintenance programme factored into the 1-5 year budget schedules.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document the memorandum and articles of association dated 20 January 2011, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees

The memorandum and articles of association state that there must be a minimum of three trustees. Each year one third of the trustees are required to retire by rotation at the annual general meeting.

Trustees may be appointed by ordinary resolution at general meeting, if proposed for re-election by the trustees, or if nominated for election by a member and notice is given prior to the meeting.

The trustees may also appoint a new trustee by resolution of the trustees. Any trustee appointed in such a manner must retire at the next annual general meeting, in addition to any other directors retiring by rotation.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

The Trustees are keen to ensure there are measures and financial management processes in place to ensure the achievement of the key objectives and safeguarding of the charity's funds and assets. This is in line with the Charity Commission's Guidance paper 'Charities and risk management (CC26)'

The Trustees have delegated the role of financial management to the finance committee, with updates and reports presented to the executive committee. The Finance Committee will further develop risk logs, annual financial action plans and monthly reporting of actuals against budget. Other Charity function risks are also included as well as the financial elements.

Whilst we have some immediate financial risks with the current costs of utilities, the club feels unable to invest in other areas such as the new balcony steps, much needed mower and re-carpeting the changing room in this financial year.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

07286116 (England and Wales)

Registered Charity number

1141876

Registered office

Ventnor Cricket Club

Steephill Road

Ventnor

Isle of Wight

PO38 1UF

Trustees

R B Cook (resigned 26.2.26)

G A Burnett (resigned 13.3.25)

M N Fletcher

Rev N D Cox (resigned 13.3.25)

R E George (resigned 13.3.25)

Mrs F Newnham (appointed 31.5.26)

G Benson (appointed 13.3.25)

S Rodley (appointed 13.3.25)

Company Secretary

Dr W C Nichols

Independent Examiner

G Kelly, A.C.A., F.C.C.A.

Garbetts (IOW) Limited

Exchange House

St Cross Lane

Newport

Isle of Wight

PO30 5BZ

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 31 July 2026 and signed on its behalf by:

M N Fletcher - Trustee

Independent examiner's report to the trustees of Ventnor Cricket Club Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 October 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

G Kelly, A.C.A., F.C.C.A.

Garbetts (IOW) Limited

Newport

Isle of Wight

Date: .............................................

2025

2024

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

37,656

-

37,656

55,668

Charitable activities

Training, hall and net hire

15,257

-

15,257

11,149

Subscriptions

9,608

-

9,608

7,972

Other trading activities

2

49,226

-

49,226

12,097

Other income

1,324

-

1,324

1,145

Total

113,071

-

113,071

88,031

EXPENDITURE ON

Raising funds

31,108

-

31,108

1,250

Charitable activities

Costs of operations

99,643

-

99,643

112,501

Total

130,751

-

130,751

113,751

NET INCOME/(EXPENDITURE)

(17,680

)

-

(17,680

)

(25,720

)

RECONCILIATION OF FUNDS

Total funds brought forward

855,347

600

855,947

881,667

TOTAL FUNDS CARRIED FORWARD

837,667

600

838,267

855,947

2025

2024

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

7

821,514

-

821,514

846,312

Investments

8

100

-

100

100

821,614

-

821,614

846,412

CURRENT ASSETS

Debtors

9

2,162

-

2,162

2,090

Cash at bank and in hand

31,822

600

32,422

28,491

33,984

600

34,584

30,581

CREDITORS

Amounts falling due within one year

10

(6,609

)

-

(6,609

)

(5,976

)

NET CURRENT ASSETS

27,375

600

27,975

24,605

TOTAL ASSETS LESS CURRENT LIABILITIES

848,989

600

849,589

871,017

CREDITORS

Amounts falling due after more than one year

11

(11,322

)

-

(11,322

)

(15,070

)

NET ASSETS

837,667

600

838,267

855,947

FUNDS

13

Unrestricted funds

837,667

855,347

Restricted funds

600

600

TOTAL FUNDS

838,267

855,947

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 31 July 2026 and were signed on its behalf by:

M N Fletcher - Trustee

Cash flows from operating activities

Cash generated from operations

1

15,171

24,595

Interest paid

(866

)

(244

)

Net cash provided by operating activities

14,305

24,351

Cash flows from investing activities

Purchase of tangible fixed assets

(6,628

)

(26,790

)

Net cash used in investing activities

(6,628

)

(26,790

)

Cash flows from financing activities

Loan repayments in year

(3,746

)

-

Net cash (used in)/provided by financing activities

(3,746

)

-

Change in cash and cash equivalents in the reporting period

3,931

(2,439

)

Cash and cash equivalents at the beginning of the reporting period

28,491

30,930

Cash and cash equivalents at the end of the reporting period

32,422

28,491

1.	RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES

2025

2024

£

£

Net expenditure for the reporting period (as per the Statement of Financial Activities)

(17,680

)

(25,720

)

Adjustments for:

Depreciation charges

31,426

31,118

Interest paid

866

244

(Increase)/decrease in debtors

(72

)

920

Increase in creditors

631

18,033

Net cash provided by operations

15,171

24,595

2.	ANALYSIS OF CHANGES IN NET FUNDS

At 1.11.24

Cash flow

At 31.10.25

£

£

£

Net cash

Cash at bank and in hand

28,491

3,931

32,422

28,491

3,931

32,422

Debt

Debts falling due within 1 year

(3,567

)

(182

)

(3,749

)

Debts falling due after 1 year

(15,070

)

3,748

(11,322

)

(18,637

)

3,566

(15,071

)

Total

9,854

7,497

17,351

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Plant and machinery

-

10% on cost

Motor vehicles

-

20% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Financial instruments

Interest free loans recieved over a fixed period are classified as financing transactions as required by FRS 102. Such transactions are required to be recognised on receipt at the present value of future payments, rather than at transaction value.Present value has been based on an estimated 5% market rate of interest.

This treatment means that the loan recognised in the accounts will be recorded at a lower value than the face value of the loan. The difference is treated in the accounts as donation income, and as repayments are made this amount will unwind as notional interest is calculated on the loan and charged to the accounts.

The effect of this adjustment will be held in a designated fund so it is clear that these amounts are not cash funds held by the charity.

2.	OTHER TRADING ACTIVITIES

2025

2024

£

£

Fundraising events

49,176

12,097

Social events and match teas

50

-

49,226

12,097

3.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2025

2024

£

£

Depreciation - owned assets

31,426

31,118

4.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 October 2025 nor for the year ended 31 October 2024.

5.	STAFF COSTS

The average monthly number of employees during the year was as follows:

2025

2024

Charitable activities

Nil

Nil

6.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

funds

funds

funds

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

45,318

10,350

55,668

Charitable activities

Training, hall and net hire

11,149

-

11,149

Subscriptions

7,972

-

7,972

Other trading activities

12,097

-

12,097

Other income

1,145

-

1,145

Total

77,681

10,350

88,031

EXPENDITURE ON

Raising funds

1,250

-

1,250

Charitable activities

Costs of operations

102,751

9,750

112,501

Total

104,001

9,750

113,751

NET INCOME/(EXPENDITURE)

(26,320

)

600

(25,720

)

RECONCILIATION OF FUNDS

Total funds brought forward

881,667

-

881,667

TOTAL FUNDS CARRIED FORWARD

855,347

600

855,947

7.	TANGIBLE FIXED ASSETS

Freehold

Freehold

Plant and

Motor

property

property

machinery

vehicles

Totals

£

£

£

£

£

COST

At 1 November 2024

23,000

1,081,904

119,256

20,935

1,245,095

Additions

-

-

6,628

-

6,628

At 31 October 2025

23,000

1,081,904

125,884

20,935

1,251,723

DEPRECIATION

At 1 November 2024

-

300,215

85,408

13,160

398,783

Charge for year

-

21,639

5,600

4,187

31,426

At 31 October 2025

-

321,854

91,008

17,347

430,209

NET BOOK VALUE

At 31 October 2025

23,000

760,050

34,876

3,588

821,514

At 31 October 2024

23,000

781,689

33,848

7,775

846,312

8.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

MARKET VALUE

At 1 November 2024 and 31 October 2025

100

NET BOOK VALUE

At 31 October 2025

100

At 31 October 2024

100

There were no investment assets outside the UK.

The company's investments at the balance sheet date in the share capital of companies include the following: