## **Trustees’ Annual Report for the period** **From 01/01/2020 Period start date To 31/12/2020 Period end date Charity name: EASTBOURNE SAFFRONS SPORTS CLUB TRUST LIMITED** ## **Charity registration number: 1005890** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|THE PROVISION OF A SPORTS CENTRE AND
ANCILLARY ACTIVITIES FOR RECREATION AND
LEISURE TIME OCCUPATIONS FOR THE BENEFIT
OF THE INHABITANTS OF THE LOCAL AREA.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|RAISING FUNDS TO SUPPORT THE SPORTS
CENTRE FOR THE BENEFIT OF THE
INHABITANTS OF THE LOCAL AREA.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|THEY HAVE.| ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|FUNDS HAVE BEEN RAISED TO SUPPORT THE
SAFFRONS SPORTS CLUB AND GROUNDS
WHICH IS BOTH HISTORICALLY IMPORTANT
AND PROVIDES RECREATION AND LEISURE
ACTIVITIES FOR THE BENEFIT OF THE
INHABITANTS OF THE LOCAL AREA.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |Achievements against
objectives set|Para 1.41|| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|SOLVENT AND HEALTHY IN RELATION TO
FUTURE EXPECTATIONS.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|TO MAINTAIN HEALTHY RESERVES FOR THE
SUPPORT OF THE CHARITY GOING FORWARD.| |Amount of reserves held|Para 1.22|£91,295| |Reasons for holding zero
reserves|Para 1.22|N/A| |Details of fund materially in
deficit|Para 1.24|N/A| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|N/A| ## **Additional information (optional)** You may choose to include further statements where relevant about: The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|MEMORANDUM & ARTICLES OF ASSOCIATION| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|COMPANY| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|ELECTED BY COMMITTEE| ## **Additional information (optional)** You may choose to include further statements where relevant about: Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other ## **Reference and Administrative details** |Charityname|EASTBOURNE SAFFRONS SPORTS CLUB TRUST LIMITED| |---|---| |Other name the charityuses|| |Registered charitynumber|1005890| |Charity’s principal address|THE SAFFRONS, COMPTON PLACE ROAD,
EASTBOURNE, EAST SUSSEX BN21 1EA| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||DAVID GUY STEVENS|||| ||CHRISTOPHER ALAN
WADMAN|DIRECTOR||| ||ROGER STUART
MYALL|DIRECTOR||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – Corporate trustees names of the directors at the date the report was approved **Director name** David John Lockyer Roger Stuart Myall Andrew Howard Price Christopher Alan Wadman Antonio Mario Pompei Guarino Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser** **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** > **Signature(s)** _David Lockyer_ **Full name(s)** DAVID LOCKYER **Position (eg Secretary,** CHAIRMAN **Chair, etc) Date** 28/07/2021 ## **REPORT OF THE DIRECTORS AND** **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020** ## **FOR** **EASTBOURNE SAFFRONS SPORTS CLUB TRUST LIMITED** **EASTBOURNE SAFFRONS SPORTS CLUB TRUST LIMITED** ## **CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 December 2020** ||**Page**| |---|---| |**Company Information**|1| |**Report of the Directors**|2| |**Income Statement**|3| |**Balance Sheet**|4| |**Notes to the Financial Statements**|5| |**Report of the Accountants**|8| |**Detailed Income and Expenditure Account**|9| **EASTBOURNE SAFFRONS SPORTS CLUB TRUST LIMITED** ## **COMPANY INFORMATION for the Year Ended 31 December 2020** ## **DIRECTORS:** ## **REGISTERED OFFICE:** ## **REGISTERED NUMBER:** ## **ACCOUNTANTS:** C A Wadman R S Myall A H Price A M P Guarino D J Lockyer Unit A6 Chaucer Business Park Dittons Road Polegate East Sussex BN26 6QH 02657832 (England and Wales) MDJ Services Limited Unit A6 Chaucer Business Park Dittons Road Polegate East Sussex BN26 6QH Page 1 **EASTBOURNE SAFFRONS SPORTS CLUB TRUST LIMITED** ## **REPORT OF THE DIRECTORS for the Year Ended 31 December 2020** The directors present their report with the financial statements of the company for the year ended 31 December 2020. ## **DIRECTORS** The directors shown below have held office during the whole of the period from 1 January 2020 to the date of this report. C A Wadman R S Myall A H Price Other changes in directors holding office are as follows: A M P Guarino - appointed 25 June 2020 D J Lockyer - appointed 25 June 2020 This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. ## **ON BEHALF OF THE BOARD:** R S Myall - Director 23 June 2021 Page 2 ## **EASTBOURNE SAFFRONS SPORTS CLUB TRUST LIMITED** ## **INCOME STATEMENT for the Year Ended 31 December 2020** |Notes
**TURNOVER**
Administrative expenses
Other operating income
3
**OPERATING SURPLUS**
Interest receivable and similar income
**SURPLUS BEFORE TAXATION**
Tax on surplus
**SURPLUS FOR THE FINANCIAL YEAR**|31.12.20
£
-
93,783
(93,783)
113,038
19,255
21
19,276
-
19,276|31.12.19
£
-
72,880
(72,880)
94,555
21,675
47
21,722
-
21,722| |---|---|---| The notes form part of these financial statements Page 3 **EASTBOURNE SAFFRONS SPORTS CLUB TRUST LIMITED (REGISTERED NUMBER: 02657832)** ## **BALANCE SHEET 31 December 2020** |||31.12.20|31.12.19| |---|---|---|---| ||Notes|£|£| |**CURRENT ASSETS**|||| |Debtors|5|1,240|14,179| |Cash at bank||93,515|58,040| |||94,755|72,219| |**CREDITORS**|||| |Amounts falling due within one year|6|3,460|200| |**NET CURRENT ASSETS**||91,295|72,019| |**TOTAL ASSETS LESS CURRENT**|||| |**LIABILITIES**||91,295|72,019| |**UNRESTRICTED FUNDS**|||| |Income and expenditure account|7|91,295|72,019| |||91,295|72,019| The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020. The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 in accordance with Section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for: - (a) ensuring that the company keeps accounting records which 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 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 company. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the Board of Directors and authorised for issue on 23 June 2021 and were signed on its behalf by: R S Myall - Director The notes form part of these financial statements Page 4 **EASTBOURNE SAFFRONS SPORTS CLUB TRUST LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 December 2020** ## 1. **STATUTORY INFORMATION** Eastbourne Saffrons Sports Club Trust Limited is a private company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page. The company is a charity registered with The Charity Commission for England and Wales (Registered number 1005890). ## 2. **ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ## **Taxation** Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. ## **Deferred tax** Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. ## **Hire purchase and leasing commitments** Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease. ## **Recognition of income** Income is recorded in the Income Statement when the charity becomes entitled to the resources, it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability. Grants and donations are only included in the Income Statement when the general income recognition criteria are met. Page 5 continued... **EASTBOURNE SAFFRONS SPORTS CLUB TRUST LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020** ## 3. **OTHER OPERATING INCOME** ## **ANALYSIS OF INCOME** |31.12.20
31.12.19
Unrestricted
Unrestricted
funds
funds
£
£
**Donations:**
Donations, grants and gifts
43,520
14,425
**Charitable activities:**
Rents
69,518
80,130
113,038
94,555
**Income from investments:**
Interest income
21
47
**Total income**
113,059
94,602
4.
**EMPLOYEES AND DIRECTORS**
The average number of employees during the year was NIL (2019 - NIL).
5.
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
31.12.20
31.12.19
£
£
Trade debtors
1,240
10,179
Other debtors
-
4,000
1,240
14,179
6.
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
31.12.20
31.12.19
£
£
Other creditors
3,460
200
7.
**UNRESTRICTED FUNDS**
**CHARITY FUNDS**
31.12.20
31.12.19
Unrestricted
Unrestricted
funds
funds
£
£
**Income and expenditure account:**
Fund balance brought forward
72,019
50,297
Income
113,059
94,602
Expenditure
(93,783)
(72,880)
Fund balance carried forward
91,295
72,019|31.12.20
31.12.19
Unrestricted
Unrestricted
funds
funds
£
£
**Donations:**
Donations, grants and gifts
43,520
14,425
**Charitable activities:**
Rents
69,518
80,130
113,038
94,555
**Income from investments:**
Interest income
21
47
**Total income**
113,059
94,602
4.
**EMPLOYEES AND DIRECTORS**
The average number of employees during the year was NIL (2019 - NIL).
5.
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
31.12.20
31.12.19
£
£
Trade debtors
1,240
10,179
Other debtors
-
4,000
1,240
14,179
6.
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
31.12.20
31.12.19
£
£
Other creditors
3,460
200
7.
**UNRESTRICTED FUNDS**
**CHARITY FUNDS**
31.12.20
31.12.19
Unrestricted
Unrestricted
funds
funds
£
£
**Income and expenditure account:**
Fund balance brought forward
72,019
50,297
Income
113,059
94,602
Expenditure
(93,783)
(72,880)
Fund balance carried forward
91,295
72,019|31.12.20
31.12.19
Unrestricted
Unrestricted
funds
funds
£
£
**Donations:**
Donations, grants and gifts
43,520
14,425
**Charitable activities:**
Rents
69,518
80,130
113,038
94,555
**Income from investments:**
Interest income
21
47
**Total income**
113,059
94,602
4.
**EMPLOYEES AND DIRECTORS**
The average number of employees during the year was NIL (2019 - NIL).
5.
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
31.12.20
31.12.19
£
£
Trade debtors
1,240
10,179
Other debtors
-
4,000
1,240
14,179
6.
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
31.12.20
31.12.19
£
£
Other creditors
3,460
200
7.
**UNRESTRICTED FUNDS**
**CHARITY FUNDS**
31.12.20
31.12.19
Unrestricted
Unrestricted
funds
funds
£
£
**Income and expenditure account:**
Fund balance brought forward
72,019
50,297
Income
113,059
94,602
Expenditure
(93,783)
(72,880)
Fund balance carried forward
91,295
72,019| |---|---|---| ||funds|funds| ||£|£| |||| |||| ||72,019|50,297| ||113,059|94,602| ||(93,783)|(72,880)| |||| |||| ||91,295|72,019| |||| Page 6 continued... **EASTBOURNE SAFFRONS SPORTS CLUB TRUST LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2020** 8. **LIMITED BY GUARANTEE** The company is limited by guarantee and therefore does not have a share capital. In the event that the company is wound up, each member of the company is liable to contribute an amount not exceeding £1. At the balance sheet date the number of members was 8. Page 7 **EASTBOURNE SAFFRONS SPORTS CLUB TRUST LIMITED** ## **REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF EASTBOURNE SAFFRONS SPORTS CLUB TRUST LIMITED** As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2020 set out on pages three to seven and you consider that the company is exempt from an audit. In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. MDJ Services Limited Unit A6 Chaucer Business Park Dittons Road Polegate East Sussex BN26 6QH 23 June 2021 This page does not form part of the statutory financial statements Page 8 **EASTBOURNE SAFFRONS SPORTS CLUB TRUST LIMITED** ## **DETAILED INCOME AND EXPENDITURE ACCOUNT for the Year Ended 31 December 2020** |**Income**
**Other income**
Donations and legacies
Charitable activities
Government grants
Deposit account interest
**Expenditure**
Rent
Rates and water
Sundry expenses
Grants paid
Bank charges
**NET SURPLUS**|31.12.20
£
16,520
69,518
27,000
21
24,500
275
1,926
66,992
90|£
-
113,059
113,059
93,783
19,276|31.12.19
£
14,425
80,130
-
47
23,500
2,740
550
46,000
90|£
-
94,602| |---|---|---|---|---| |||||94,602
72,880| |||||21,722| This page does not form part of the statutory financial statements Page 9 ## **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** **Report to the trustees/** Charity Name **EASTBOURNE SAFFRONS SPORTS CLUB TRUST LTD members of On accounts for the year 31/12/2020 Charity no 1005890 ended (if any) Set out on pages** 1-2 I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2020. **Responsibilities and basis of report** As the charity trustees, you are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect,: - the accounting records were not kept in accordance with section 130 of the Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. 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. **Signed:** _T Jenkins_ **Name:** THOMAS PETER JENKINS F.M.A.A.T. **Relevant professional qualification(s) or body (if any):** **Date:** 28/07/2021 **October 2018** 1 **IER** **Address:** UNIT A6 CHAUCER BUSINESS PARK DITTONS ROAD POLEGATE EAST SUSSEX BN26 6QH ## **Section B Disclosure** Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). ## **Give here details of any items that the examiner wishes to disclose** . **October 2018** 2 **IER**