## **Trustees’ Annual Report for the period**
**From 01/01/2023 Period start date To 31/12/2023 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|**The trustees have had regard to the guidance**
**issued by the Charity Commission on public**
**benefit**|
## **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 are**
**both historically important and provide**
**recreation and leisure activities for the**
**benefit of the inhabitants of the local area.**
**The Saffrons grounds are the home for a**
**number of local sports clubs and are used by**
**others, e.g. youth football club and local**
**schools, for training and matches.**|
## **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|**The charity has a strong balance sheet,**
**including £80,734 in unrestricted cash. The**
**charity is solvent in relation to future**
**expectations**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**To build and maintain healthy reserves for the**
**support of future activities of the charity**|
|Amount of reserves held|Para 1.22|**£111,881**|
|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
any fundraising)|Para 1.47||
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46||
|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 limited by guarantee**|
|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 either the members or Board of**
**Trustees. Trustees retire annually, but may be**
**reelected. The Governing Documents require**
**a minimum of 3 trustees.**|
**Additional information (optional)** You may choose to include further statements where relevant about:
|Policies and procedures
adopted for the induction
and training of trustees|Para 1.51||
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any related
parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
|Charityname|**Eastbourne Saffrons Sports Club Trust Limited**|
|---|---|
|Other name the charity uses||
|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)**|
|---|---|---|---|---|
||Roger Stuart Myall|Director, Chair|||
||Andrew Howard
Price|Director, President|||
||Antonio Mario
Pompei Guarino|Director|||
||David Robert Murray
Wilson|Director, Treasurer|Appointed August 2024||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
– Corporate trustees names of the directors at the date the report was approved
## **Director name**
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)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**|_R Myall_||
|---|---|---|
||ROGER S. MYALL||
||
CHAIR||
||2 September, 2024||
||2 September, 2024||
Report of the Directors and
Unaudited Financial Stalement5 lor the Year Ended 31 December 2023
for
EASTBOURNL SAFFRONS SPORTS CLUB TRUST
LIMITED
EASTBOillilYE SAFFRONS SPORTS CLUB TRUST
Contents of the Flllmci ststrments
for the Year Ended 31 DeCeber 21n3
Pagt
Compny InfOrntIOn
Report ofthe Dlrttton
Income Stthnwit
otber CompreheDJfv¢ In¢om¢
B8lAn¢e Sheet
Statement of Changes In Equlty
Note# to the Flnanclal Ststements
Report of tht Aecountsnts
10
EASTBOURNE SAFFRONS SPORTS CLUB TRUST
LIMITED
Cumpany Infurmation
for the Year Ended 31 December 2023
DIRECTORS:
R.S Myall
A H Price
AMPGwino
REGISTERED OFFICE:
Unit A6
Chaucer BsIne&S Park
Dittons Road
Polegale
Easl Sussex
BN26 6QII
REGI.STERED NUMBER:
02657832 (England and Wales)
ACCOUNTANIS:
Ml)J Scrviccs Limited
Unit A6
ChduLLr Busine&s Park
Dittons Road
Polegale
East Sussex
BN?6 6QI I
Page I
EASTBOURNE SAFFRONS SPORTS CLUB TRUST
LIMITF,D
Report of the Dir¥ctors
for the year Ended 31 December 2023
Thc diTCCtOTS prcscnt their rwrt with thc financial staiunrnts of the Lompany for the year ended 31 December 2023.
DIRECTORS
Thc directors shown below have hcld offjcc during th¢ whol¢ of the period from l January 2023 to the date of this
report.
R S Myall
A H Price
A M P Guarino
Other changes in directors holding olTJcc arc &$ follows:
D J LA)ckyer - deceased 30 January 2023
S J J¢nnings - resigned 24 Janudry 2023
D Wilson- appoinied 4 Qctobcr 21)23
D Wilson c¢&Yd lo be a director after 31 December 2023 but prior (o the date of this rewrt.
Thi5 rcport has bccn prcpared iii accordance with the provisions of Part 15 of thc Companies Act 2(M)6 relating to small
coinpwiies.
ON BEHALF OF THE BOARD:
R S Myall - Dirccior
DatL"'.
Page 2
EASTBOURNE SAFFRONS SPORTS CLUB TRUST
LIMITF.D
Incvme Statemvnt
for the Yvar Ended 31 December 2023
31.12.23
31.12.22
No*s
TURNOVER
AdministrA(ive expenses
104.564
147,582
(104,564)
(147,582)
Othcr opernting income
115.713
147.582
OPERATING SURPLUS And
SURPLUS BEFORE TAXATION
11.149
on sury)lus
SURPLUS FOR THE FINANCIAL YEAR
11,149
The notes forni part of thgse financial ststements
Page 3
EASTBOURNE SAFFROWS SPORTS CLUB TRUST
LtMrrF.D
Othvr Cvmpreh¢Thslv¥ Incume
for the Year Ended 31 December 2023
31.12.23
31.12.22
Notes
SURPLUS FOR THE YEAR
11,149
OTHER COMPREHENSIVE LYCOME
TOTAL COMPREHEYSIVE INCOME
FOR THF, YF.AR
1.149
The nole5 form part of these financial statements
Page 4
EASTBOURNE SAFFRONS SPORTS CLUB TRUST
LIMITF.D (RF.GISTF.RED NUMBER: 02657832)
BalanLe Sheet
31 December 2023
31.12.23
31.12.22
Notes
CURRENT ASSETS
Debtors
C &sh al bank
33,425
113234
14,622
102.132
146.659
116.754
CREDITORS
AmounLS falling duc within one year
2.278
3,358
NET CURRENT ASSETS
144,381
113.396
TOTAL A&SETS LLSS CURRENT
LIABILITILS
144,381
113.396
RF.SF.RVF.S
Sinking Fund Reserve
RLstriLILd ndS rLSLIVC
Income and expenditure account
50,orJJ
32.5(M)
61.881
12.664
I,732
144.381
113.396
Thc comp£ttty i.g ¢nLiLled to exempuon from audii under Seciion 477 of the C'.ompanies ACL 2(K>6 for the year ded
31 De¢'¢mb¢r 2023.
The membcrs havc not required thc company to obtain an audit of iLq financial statements for the year ended
31 Dcceniber 2023 in accordancc with Section 476 of the Con)pani&4 Aci 21YJ6.
Thc dircctors acknnwlcdgc thcir resFrt)ngibilitics for:
(a) cnsuring that the Company keeps accouniing records which comply with Sections 386 and 387 of the Compani
Act 2006 and
(b) prcpdiring findU)Cidl 51alcmcnts which givc a tNc and fair ViV*V of th¢ statc uf affairs of the company as at the end of
each tinancial ycar and of its Surp1 or dcticit t.or cach financial year in accordance with the requircments of
SecLions 394 and 395 and which otherwise comply with thc requircmcnts of the c.ompani Act 2(K)6 relating to
flnancial Statemen so far as appliLable lo the Lompany.
The fmancial statemenLs have been preparcd in accordance with the provisions applicable to ¢ompani&g subject the
small compani&s regim¢.
The finanuial staternenL8 were approved by the Board of Directors and autharised for i&suc on
20 i*. and were signed on its behalf by..
RSMyail-D'
ctur
The notes forni part of the.ge financial ststements
Page 5
EASTBOURNE SAFFRONS SPORTS CLUB TRUST
LIMITED
State7nent of Changes in Equity
for the Year FJnded 31 December 2023
Sinking
Fund
RTve
RG5trictcd
funtts
reserve
Rctaincd
earnings
Total
equity
BAlance at l January 2022
l(K).732
100,732
Change5 In equity
Funds rcceived for S]riC
purposcs
12.664
12.664
Balance at 31 December 2022
l (K),732
12,664
113,396
ChAnEes In equlty
Totdl LumprchLiisivL incomc
Transfers bctwccn funds
Fun(Ls received for sp¢cific
purpvs¢s
11,149
150.IKM) I
11,149
50,(KK)
19,836
19,836
B*l*nce At 31 December 2023
61,R81
50,(MM)
32,51)0
144.381
The note5 form part of these financial statements
Page 6
EASTBOURNE SAFFRONS SPORTS CLUB TRUST
LIMITF.D
Notes to the FlnaDclal Ststements
for the Ye¥r Ended 31 December 2023
ST ATtrroRY TNFORMATION
Eastbournc Safftons spo Club Tn]st Limited is a prtvdtc cumpany. 11rnit by guarantee. registered in England
and Wales. The companys registered number and registered office addrass can be found on the Company
Infonnation page.
The prcscntation currcncy of thc financial statemcnts is thc Pound Stcrling (£).
Tlie c4)mpany is a charily regis*r¢d wfrth The Cllarity C".ommission for England and Wales (Regis*r¢d number
1005890).
ACCOUNTING POLICIFS
B4sls of preparln% the flnAnclxl stslements
Thcsc fiiiancial statcmu)Ls have been in accordance with Financial RertIng Standard 102 The
Fiiianci&l Reporting Stsndard applicable in the UK and Republic of ireland. including the provisions of Section
IA "Sinall Enlities" and the Companies Act 2006. The financidl stalements have been prepared under the
hists)rical cust Lonventiun.
T#x*tion
Taxation for the year comprises current and dcfcrrcd tax. Tax is rccogniscd in thc Incom¢ S¢atcmenL excq)t
the extent that il rela io i*ms recognised in other conwrehensivc incvmc or direcuy An equily.
Current or deferred taxation asseLs and liabilitios are not discounted.
Currenl Lax is recognised Qt the Lunounl of tsx payable using thc lax rntrs and laws that have been enacled or
sub.stdntivuly ¥ThLiL'd hy thL shLL% dd..
Dt(erred tax
l)ctcrrcd tax is rccognised in respecl of all timing diffcrcnccs thai havc originated bui not rcversed ai the balance
liect dale.
Timing diffcrcnces arisc from thc inclusion of income and cxpcn.s in &s.se&smcnts in pcriods different from
thosc in which Ihcy ar¢ recognised in financial siaiemenL8. Deferred is me&sured sing lax ra¥ and laws thai
have been enacted ur subsiantively enaded by the yvar end and that aff expecl¢d Iv apply tu thc reversal vf the
timing diffcrcnLc.
Unrelievcd Lax 1058&5 and other deferred thx &&seLs are recognised only to the extent that il is probable thoi they
will bc reLI)vered agJin5l revcrsal of dcfcrrcd tax liabilitics or other fiiture taxable protits.
Hlrc purchase and le4slnR COTnmltmcnts
RLlltals P&iid widLr (bpLratiDbF Icascs chargcd to Sutplus or dcficlt on a straight line basis over the period of the
le&qe.
Recognltlon of Income
Inconie is recorded in the Income Ststement when the charity becomes entided to the resources, it is more likely
than not thai thc inistccs will rcceive the resourLeS and the monetary value can be ineasured with sufficicnt
reliability. Grants and donation5 are only includcd in the Income Statcmcnt when the general income recognition
criteria are meL
Page 7
ontinucd...
EASTBOURNE SAFFRONS SPORTS CLUB TRUST
LIMITED
NotL¥ to thL Financial StatL'ments- Luntinued
for the Year Ended 31 December 21b23
OTHER OPF.RATING INCOME
ANALYSIS OF INCOlk
31.12.?3
unStrICted
runds
Unrestricted
Donatlons:
Doiiaiions, grants and gitts
10,962
40,893
Churitahle activlties".
RcnLs and contribulionii from clubs
104.751
106,689
115.713
147.582
ncome from Investmenls:
In¢crasl in¢umc
Total income
115,713
147.582
F.MPI,OYF.F.S AND DIRF,CTORS
Thc avcrd¥¢ number uf dircctors duryng thc year w&$ 3 (2022 - 5).
DEBTOILS: AMnUNTS FALLING DUE WITHIN ONE YEAR
31.12.23
31.12.22
OthLY debr$
33.425
14,622
CREDITORS: Amouwfs FALLINCI DUE WITHIN ONE YEAR
31.12.23
31.12.22
Other creditors
2,278
3.358
Page 8
ontinuc(L..
EASTBOURNE SAFFRONS SPORTS CLUB TRUST
Nvtvs to the FInancI Statements- cundnued
for the VeaT Ended 31 December 2023
RESERVES
CHARrrY FUNDS
31.12.23
31.12.22
Unttstrictcd
fun(Ls
Unr&stricted
fimds
Unre5tr1cted Funds
Tncume and tKpendlture ac¢ovnt:
Fund balanLe bmuglil l(Jrwurd
Incoinc
Expenditure
Transfers out
100,732
115.713
1104,564)
(50,(XK))
I ¢Y).732
147.582
(147.582)
Fund balance caryied forward
61,881
100,732
31.12.23
R&stricted
funds
31.12.22
Restricted
Restrlcted Funds
Restrlcted funds reserve:
Fund bull¢ bruughi luiward
RL'L¢ivcd iii th¢ pLri()d
12.664
19.836
12.664
Fund balance carried forwurd
32.51J)
12,664
31.12.23
RL%tri¥tLd
fimds
31.12.22
Restri¥ted
Sinking Fund
Slnldng fund reserve:
Fund balance brought forward
Trdnsf¢rs in
50,000
Fund balance Carried forward
50,000
LtMrrED BY GUARANTEE
The cnmpany i.s limiied by guarantee and thercfore does not have a share capital. In the event thai the company is
wound up, each member of the cornpany it> liable contribu* an amount nol exceeding £1. Ai the balance sheet
dale ihe nury]ber of members was 8.
Pag¢ 9
EASTBOURNE SAFFRONS SPORTS CLUB TRUST
LIMITED
Rewjrt Of the Ac¢ouDt2Dts to the Directors of
Easlbourne Saffrons Sports Club Trnyt
Lfimfited
As dGwihed on the Balance sht are rwsible for the preparation of the finanLial statements fDr the year ded
31 Ikcember 2023 set out on pages three to ninL and you cojisidcr that thc company is ¢xcmpt ftDm an audit.
In ac¢ordance with your insirnclion5, we haie compiled th&se ui)audiied Ilnancial slotunenLs in order &ssisl you to
fullil your slatuiory reswnsibililie4 from thc accounting COrdS and infom]ation and cxplanatiOD5 supplicd to .
MDJ Scrviccs Limit
Unit A
ChauLer BlesS Park
Ditlong Road
Polegale
E&%[ Sux4ex
BN26 6QII
Date..
This page th)cs fffln part of the slalutory financial statements
Page 10
Report of the Directors and
Unaudited Financial Stalement5 lor the Year Ended 31 December 2023
for
EASTBOURNL SAFFRONS SPORTS CLUB TRUST
LIMITED
EASTBOillilYE SAFFRONS SPORTS CLUB TRUST
Contents of the Flllmci ststrments
for the Year Ended 31 DeCeber 21n3
Pagt
Compny InfOrntIOn
Report ofthe Dlrttton
Income Stthnwit
otber CompreheDJfv¢ In¢om¢
B8lAn¢e Sheet
Statement of Changes In Equlty
Note# to the Flnanclal Ststements
Report of tht Aecountsnts
10
EASTBOURNE SAFFRONS SPORTS CLUB TRUST
LIMITED
Cumpany Infurmation
for the Year Ended 31 December 2023
DIRECTORS:
R.S Myall
A H Price
AMPGwino
REGISTERED OFFICE:
Unit A6
Chaucer BsIne&S Park
Dittons Road
Polegale
Easl Sussex
BN26 6QII
REGI.STERED NUMBER:
02657832 (England and Wales)
ACCOUNTANIS:
Ml)J Scrviccs Limited
Unit A6
ChduLLr Busine&s Park
Dittons Road
Polegale
East Sussex
BN?6 6QI I
Page I
EASTBOURNE SAFFRONS SPORTS CLUB TRUST
LIMITF,D
Report of the Dir¥ctors
for the year Ended 31 December 2023
Thc diTCCtOTS prcscnt their rwrt with thc financial staiunrnts of the Lompany for the year ended 31 December 2023.
DIRECTORS
Thc directors shown below have hcld offjcc during th¢ whol¢ of the period from l January 2023 to the date of this
report.
R S Myall
A H Price
A M P Guarino
Other changes in directors holding olTJcc arc &$ follows:
D J LA)ckyer - deceased 30 January 2023
S J J¢nnings - resigned 24 Janudry 2023
D Wilson- appoinied 4 Qctobcr 21)23
D Wilson c¢&Yd lo be a director after 31 December 2023 but prior (o the date of this rewrt.
Thi5 rcport has bccn prcpared iii accordance with the provisions of Part 15 of thc Companies Act 2(M)6 relating to small
coinpwiies.
ON BEHALF OF THE BOARD:
R S Myall - Dirccior
DatL"'.
Page 2
EASTBOURNE SAFFRONS SPORTS CLUB TRUST
LIMITF.D
Incvme Statemvnt
for the Yvar Ended 31 December 2023
31.12.23
31.12.22
No*s
TURNOVER
AdministrA(ive expenses
104.564
147,582
(104,564)
(147,582)
Othcr opernting income
115.713
147.582
OPERATING SURPLUS And
SURPLUS BEFORE TAXATION
11.149
on sury)lus
SURPLUS FOR THE FINANCIAL YEAR
11,149
The notes forni part of thgse financial ststements
Page 3
EASTBOURNE SAFFROWS SPORTS CLUB TRUST
LtMrrF.D
Othvr Cvmpreh¢Thslv¥ Incume
for the Year Ended 31 December 2023
31.12.23
31.12.22
Notes
SURPLUS FOR THE YEAR
11,149
OTHER COMPREHENSIVE LYCOME
TOTAL COMPREHEYSIVE INCOME
FOR THF, YF.AR
1.149
The nole5 form part of these financial statements
Page 4
EASTBOURNE SAFFRONS SPORTS CLUB TRUST
LIMITF.D (RF.GISTF.RED NUMBER: 02657832)
BalanLe Sheet
31 December 2023
31.12.23
31.12.22
Notes
CURRENT ASSETS
Debtors
C &sh al bank
33,425
113234
14,622
102.132
146.659
116.754
CREDITORS
AmounLS falling duc within one year
2.278
3,358
NET CURRENT ASSETS
144,381
113.396
TOTAL A&SETS LLSS CURRENT
LIABILITILS
144,381
113.396
RF.SF.RVF.S
Sinking Fund Reserve
RLstriLILd ndS rLSLIVC
Income and expenditure account
50,orJJ
32.5(M)
61.881
12.664
I,732
144.381
113.396
Thc comp£ttty i.g ¢nLiLled to exempuon from audii under Seciion 477 of the C'.ompanies ACL 2(K>6 for the year ded
31 De¢'¢mb¢r 2023.
The membcrs havc not required thc company to obtain an audit of iLq financial statements for the year ended
31 Dcceniber 2023 in accordancc with Section 476 of the Con)pani&4 Aci 21YJ6.
Thc dircctors acknnwlcdgc thcir resFrt)ngibilitics for:
(a) cnsuring that the Company keeps accouniing records which comply with Sections 386 and 387 of the Compani
Act 2006 and
(b) prcpdiring findU)Cidl 51alcmcnts which givc a tNc and fair ViV*V of th¢ statc uf affairs of the company as at the end of
each tinancial ycar and of its Surp1 or dcticit t.or cach financial year in accordance with the requircments of
SecLions 394 and 395 and which otherwise comply with thc requircmcnts of the c.ompani Act 2(K)6 relating to
flnancial Statemen so far as appliLable lo the Lompany.
The fmancial statemenLs have been preparcd in accordance with the provisions applicable to ¢ompani&g subject the
small compani&s regim¢.
The finanuial staternenL8 were approved by the Board of Directors and autharised for i&suc on
20 i*. and were signed on its behalf by..
RSMyail-D'
ctur
The notes forni part of the.ge financial ststements
Page 5
EASTBOURNE SAFFRONS SPORTS CLUB TRUST
LIMITED
State7nent of Changes in Equity
for the Year FJnded 31 December 2023
Sinking
Fund
RTve
RG5trictcd
funtts
reserve
Rctaincd
earnings
Total
equity
BAlance at l January 2022
l(K).732
100,732
Change5 In equity
Funds rcceived for S]riC
purposcs
12.664
12.664
Balance at 31 December 2022
l (K),732
12,664
113,396
ChAnEes In equlty
Totdl LumprchLiisivL incomc
Transfers bctwccn funds
Fun(Ls received for sp¢cific
purpvs¢s
11,149
150.IKM) I
11,149
50,(KK)
19,836
19,836
B*l*nce At 31 December 2023
61,R81
50,(MM)
32,51)0
144.381
The note5 form part of these financial statements
Page 6
EASTBOURNE SAFFRONS SPORTS CLUB TRUST
LIMITF.D
Notes to the FlnaDclal Ststements
for the Ye¥r Ended 31 December 2023
ST ATtrroRY TNFORMATION
Eastbournc Safftons spo Club Tn]st Limited is a prtvdtc cumpany. 11rnit by guarantee. registered in England
and Wales. The companys registered number and registered office addrass can be found on the Company
Infonnation page.
The prcscntation currcncy of thc financial statemcnts is thc Pound Stcrling (£).
Tlie c4)mpany is a charily regis*r¢d wfrth The Cllarity C".ommission for England and Wales (Regis*r¢d number
1005890).
ACCOUNTING POLICIFS
B4sls of preparln% the flnAnclxl stslements
Thcsc fiiiancial statcmu)Ls have been in accordance with Financial RertIng Standard 102 The
Fiiianci&l Reporting Stsndard applicable in the UK and Republic of ireland. including the provisions of Section
IA "Sinall Enlities" and the Companies Act 2006. The financidl stalements have been prepared under the
hists)rical cust Lonventiun.
T#x*tion
Taxation for the year comprises current and dcfcrrcd tax. Tax is rccogniscd in thc Incom¢ S¢atcmenL excq)t
the extent that il rela io i*ms recognised in other conwrehensivc incvmc or direcuy An equily.
Current or deferred taxation asseLs and liabilitios are not discounted.
Currenl Lax is recognised Qt the Lunounl of tsx payable using thc lax rntrs and laws that have been enacled or
sub.stdntivuly ¥ThLiL'd hy thL shLL% dd..
Dt(erred tax
l)ctcrrcd tax is rccognised in respecl of all timing diffcrcnccs thai havc originated bui not rcversed ai the balance
liect dale.
Timing diffcrcnces arisc from thc inclusion of income and cxpcn.s in &s.se&smcnts in pcriods different from
thosc in which Ihcy ar¢ recognised in financial siaiemenL8. Deferred is me&sured sing lax ra¥ and laws thai
have been enacted ur subsiantively enaded by the yvar end and that aff expecl¢d Iv apply tu thc reversal vf the
timing diffcrcnLc.
Unrelievcd Lax 1058&5 and other deferred thx &&seLs are recognised only to the extent that il is probable thoi they
will bc reLI)vered agJin5l revcrsal of dcfcrrcd tax liabilitics or other fiiture taxable protits.
Hlrc purchase and le4slnR COTnmltmcnts
RLlltals P&iid widLr (bpLratiDbF Icascs chargcd to Sutplus or dcficlt on a straight line basis over the period of the
le&qe.
Recognltlon of Income
Inconie is recorded in the Income Ststement when the charity becomes entided to the resources, it is more likely
than not thai thc inistccs will rcceive the resourLeS and the monetary value can be ineasured with sufficicnt
reliability. Grants and donation5 are only includcd in the Income Statcmcnt when the general income recognition
criteria are meL
Page 7
ontinucd...
EASTBOURNE SAFFRONS SPORTS CLUB TRUST
LIMITED
NotL¥ to thL Financial StatL'ments- Luntinued
for the Year Ended 31 December 21b23
OTHER OPF.RATING INCOME
ANALYSIS OF INCOlk
31.12.?3
unStrICted
runds
Unrestricted
Donatlons:
Doiiaiions, grants and gitts
10,962
40,893
Churitahle activlties".
RcnLs and contribulionii from clubs
104.751
106,689
115.713
147.582
ncome from Investmenls:
In¢crasl in¢umc
Total income
115,713
147.582
F.MPI,OYF.F.S AND DIRF,CTORS
Thc avcrd¥¢ number uf dircctors duryng thc year w&$ 3 (2022 - 5).
DEBTOILS: AMnUNTS FALLING DUE WITHIN ONE YEAR
31.12.23
31.12.22
OthLY debr$
33.425
14,622
CREDITORS: Amouwfs FALLINCI DUE WITHIN ONE YEAR
31.12.23
31.12.22
Other creditors
2,278
3.358
Page 8
ontinuc(L..
EASTBOURNE SAFFRONS SPORTS CLUB TRUST
Nvtvs to the FInancI Statements- cundnued
for the VeaT Ended 31 December 2023
RESERVES
CHARrrY FUNDS
31.12.23
31.12.22
Unttstrictcd
fun(Ls
Unr&stricted
fimds
Unre5tr1cted Funds
Tncume and tKpendlture ac¢ovnt:
Fund balanLe bmuglil l(Jrwurd
Incoinc
Expenditure
Transfers out
100,732
115.713
1104,564)
(50,(XK))
I ¢Y).732
147.582
(147.582)
Fund balance caryied forward
61,881
100,732
31.12.23
R&stricted
funds
31.12.22
Restricted
Restrlcted Funds
Restrlcted funds reserve:
Fund bull¢ bruughi luiward
RL'L¢ivcd iii th¢ pLri()d
12.664
19.836
12.664
Fund balance carried forwurd
32.51J)
12,664
31.12.23
RL%tri¥tLd
fimds
31.12.22
Restri¥ted
Sinking Fund
Slnldng fund reserve:
Fund balance brought forward
Trdnsf¢rs in
50,000
Fund balance Carried forward
50,000
LtMrrED BY GUARANTEE
The cnmpany i.s limiied by guarantee and thercfore does not have a share capital. In the event thai the company is
wound up, each member of the cornpany it> liable contribu* an amount nol exceeding £1. Ai the balance sheet
dale ihe nury]ber of members was 8.
Pag¢ 9
EASTBOURNE SAFFRONS SPORTS CLUB TRUST
LIMITED
Rewjrt Of the Ac¢ouDt2Dts to the Directors of
Easlbourne Saffrons Sports Club Trnyt
Lfimfited
As dGwihed on the Balance sht are rwsible for the preparation of the finanLial statements fDr the year ded
31 Ikcember 2023 set out on pages three to ninL and you cojisidcr that thc company is ¢xcmpt ftDm an audit.
In ac¢ordance with your insirnclion5, we haie compiled th&se ui)audiied Ilnancial slotunenLs in order &ssisl you to
fullil your slatuiory reswnsibililie4 from thc accounting COrdS and infom]ation and cxplanatiOD5 supplicd to .
MDJ Scrviccs Limit
Unit A
ChauLer BlesS Park
Ditlong Road
Polegale
E&%[ Sux4ex
BN26 6QII
Date..
This page th)cs fffln part of the slalutory financial statements
Page 10