SUSSEX CRICKET FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that the charity ended the year with net assets of £460,502, representing a strong and stable financial position. The trustees report a surplus of £57,385 for the year, noting that the financial position allows them to deliver on charitable objectives. The charity plans to break even over the medium term and holds sufficient cash resources to meet working capital requirements and mitigate adverse risks.
What the accounts disclose
“The Trustees have earmarked sufficient cash resources that they feel are prudent to meet the dual needs of the working capital requirements and the mitigation of adverse risks as identified by the Risk Register. Aside from retaining a prudent amount in reserves, the majority of the charity’s funds are to be spent in the short term with no funds held for long-term investment.” — page 7
“During the year the Foundation made purchases from Sussex Cricket Limited of £635,180 (2022: £539,568). At the balance sheet date £7,895 (2022: £5,018) was owed to Sussex Cricket Limited by Sussex Cricket Foundation which is included in Creditors.” — page 22
Leadership, per the charity’s website
- Gary Wallis-Tayler — Head of Foundation
- Shelagh Legrave CBE — Chair
Structured financials (annual return, FY ending 31/10/2024)
Trustees
- Shelagh Legrave CBE DLchair
- Anju Chauhan
- Annali-Joy Thornicroft
- Dr Sarah Main
- Ian Morris
- John RT Barclay
- Katy Cooper
- Kevin Ives
- Kirsty Batchelor
- Phil Smith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2024 | £1.2m | £1.3m |
| 31/10/2023 | £1.1m | £1.1m |
| 31/10/2022 | £1.1m | £974k |
| 31/10/2021 | £853k | £724k |
| 31/10/2020 | £811k | £803k |
Common questions
Is SUSSEX CRICKET FOUNDATION financially healthy?
The accounts state that the charity ended the year with net assets of £460,502, representing a strong and stable financial position. The trustees report a surplus of £57,385 for the year, noting that the financial position allows them to deliver on charitable objectives. The charity plans to break even over the medium term and holds sufficient cash resources to meet working capital requirements and mitigate adverse risks. Its FY2023 accounts were audited by Mazars LLP.
Who funds SUSSEX CRICKET FOUNDATION?
Funders whose own accounts filings name SUSSEX CRICKET FOUNDATION as a grant recipient include ALDRIDGE FOUNDATION CIO, THE PRIORY FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| ALDRIDGE FOUNDATION CIO | FY2023 | £65k |
| ALDRIDGE FOUNDATION CIO | FY2024 | £55k |
| THE PRIORY FOUNDATION | FY2025 | £7k |
| THE PRIORY FOUNDATION | FY2024 | £1k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Keith Howard Foundation | 1 | £165k |
| THE MEDLOCK CHARITABLE TRUST | 1 | £45k |
| THE BATCHWORTH TRUST | 1 | £15k |
| THE ACCOMPLISHMENT TRUST | 1 | £13k |
| CHARITIES OF THOMAS WADE AND OTHERS | 1 | £13k |
| THE ROGER RAYMOND CHARITABLE TRUST | 1 | £10k |
| THE FAIRFIELD CHARITABLE TRUST | 1 | £8k |
| HAYS TRAVEL FOUNDATION | 1 | £4k |