## **Trustees’ Annual Report for the period** **From 01/01/2024 Period start date To 31/12/2024 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 including grants 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 £98,594 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|**£120,388**| |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|**N/A **| |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
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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|| ||10 August 2024|| ||10 August 2024|| REGISTERLD NUMIILR: 02657832 {Englaad and Wales) Unaudlted Fin•ndal .Statemenls for lh¢ Ended 31 December 2024 F.A.STBOIIRNF..SAFFRnNS.SP()R TS CI.IIB TRII.ST LIM￿ED EASTBOURNE SAFFROYS SPORTS CLUB TRUST LIMITED Contents of the Financi￿ Statements for the Year F.nded 31 December 2024 Page Company Inforni¥don Report of the Dlr¢¢tors Income Statement Bal*nce Sheel Stalement of Changes In Eq•tty Notes to the Flnancial Statements Report of the Accountants 10 Detslled Income 4nd Ex￿id11￿re Account EASTBOURNE SAFFRONS SPORTS CLUB TRUST Comp*ny ltslom*tSon for the YeaT Ended 31 December 2024 DIRE￿oRs. R.S Myall A H Price A M P Guarino D Wtlsun REGISTERED OFFICE: Unit A6 Chaucer B￿sin￿￿ Park r)itlon.4 Road Polegale FA51 .￿￿eX BN26 6QH RF.GISTF.RF.D NUMBF.R: 02657x32 (F.ngland atMI Wul&ql ACCoUNTA￿S. MDJ Services Limifrd Unil A() Chauccr Busin&&s Park Dillons Road Polegate BN?fi 6QH Page I EASTBOURNE SAFFRONS SPORTS CLUB TRUST LIMITF.D Report ofthe Dlreetors for the Year Ended 31 December 2024 Th¢ dircctors ￿s¢nt thcir r4￿ with thc financial stdtemcnts of the company for the year ended 31 December 2024. DIRECTORS Thc di[￿(0[5 shown ixlow have held office during the whole of the peri(xl from l January 2024 to the date of this report. R S Myall A H Pricc A M P Guarlno Other changas in dircctOT5 holding officc &8 follows: D Wilson - appointed 20 August 2024 This report h&g been pryanxl in accordance with the provisions of Part 15 of the Compani&s Act 2(K)6 relating to small compani&s. ON BF.HALF OF THF. BOARD: D Wilqon - Dircctor Date: z£ Pagc 2 EASTBOURNE SAFFRONS SPORTS CLUB TRUST LIMITF.D Income StatemLnt for the Year Ended 31 December 2024 31.12.24 31.12.23 Notcs TURNOVER Administrative expenses 219.022 104.564 (219.022) (104,564) Othcr op¢rdting incomc 227.463 115.713 OPERATING SURPLUS 8.441 11.149 Interest receivable and similar income SURPI.US BEFORF TAXATION 8507 11.149 Tax un surylus SURPLUS FOR THE FINANCIAL YEAK 8,507 11,149 The notcs fomi part of these financial statLThents Pagc 3 EASTBOURNE SAFFRUNS SPORTS CLUB TRUST LtMITF.D IRF.GISTF.RF.D NUMBER: 02657832) Balance Sheet 31 December 2024 31.12.24 31.12.23 Notes CURRENT ASSETS DebknTS c.ash al bank 81.122 98.594 33,425 113.234 179,716 146.659 CREDITORS AmounLS falling due within one year 57,050 2278 NET CURRENT A.S.8ET.S 122,666 144.381 TOTAL A&SETS CURRE LIABILITIES 122.666 144.381 CREDITQRS AmounLs fallin¥ duc after more than onc 2.278 NET ASSETS 120,388 144.381 RESERVES Siiiking Fuiid Re4ervc Ro%tri¢¢¢d fun(L4 rG%LYVC Income ¥nd expenditure accuunt 50.(MK) 50,000 32,500 61,881 70.-188 120,388 144,381 Thc company is entitlcd to excmption fri)m audit under Section 477 ot. thc Compani&s Act 2(K16 for the year ended 31 Dccember 2024. ThL mLmbcrs havu nui rLquirLd thL Lumpiiny to obtsin ￿ liudil of its financial statcmcnts for the year ended 31 DcccmiKr 2024 in accordanc¢ with Scction 476 of thc Comp￿1￿$ Act 2(Kkn. The direLtors uckni)wledge their reswnsibilities for: (a) en.suriii&i that the compdny keeBs aLLounting whiLh cornply with SeLtii)ns 386 and 387 of the C()mpanies Act 2006 and (b) preparinb, financial ststrmenLS which givc a true and fair view of the.%tate of affairs of the company &$ at th¢ ¢nd of cL￿h fin￿LId1 year of its sutplus ur defiLiI for ￿ch finanLial year in aLLonknLe wilh the rwuirements 4)f Sections 394 and 395 and which otherwise comply with the rcquirernents of the Companies Act 21M)6 rclating to financial statcmcnL$, so far &5 applicable to th¢ company. Thc financial statcxncnts bave been prepared in accordance with the provision5 applicable lo companies 5ubjeci to the small compani&s re￿rne. The f￿anCIal sthtemcnts wcre UFvroved by the BLwd of Direclor5 and authorised for issue on . and wcrc signcd on its bchtslf by: R S MyAII- Director The notrs fomi part ofth&sc financial statcments Pagc 4 EASTBOURNE SAFFRONS SPORTS CLUB TRUST LIMITF.D StAttment of Changes In Equlty for the year FJnded 31 December 2024 Sinking Fund Reserve R￿ILted fim(Lg Rctsined earnin Total equity Hal￿re gt l J*nuAry 2011 100.732 12.664 113J96 Changes In equlty Ti)lal Lumprrhcnsive incorne Transfers between fti￿ Funds r¢ccived for S￿lfie purpos¢s 11.149 (50.IMM)) 11,149 50,(KX> 19.836 19.836 Balance *131 De¢ember 2023 61.881 50.IKM) 32.5 144,381 Ch8nRes fin equlty Totsl comprehensive income Fun(Ls received for s&￿¢1r1¢ purwjsss Fun(ts rcl¢&sed 8.507 8,507 60,306 (92,X06) 60.306 {92.806) Balance #I JI Deetmber 2024 70,388 50.(n) 120,388 The notes forn) part of th¢sc financial statements Page 5 EASTBOURNE SAFFRONS SPORTS CLUB TRUST LIMITED Notes to the Financial St%tements for the Year F.nded 31 December 2024 ST A￿￿oRy INFORMATION Eastb(Kune safft()￿S s￿}￿$ Club TnLst Limited is a privaie Lompany. limii¢xl by guarantee, registered in England and Walc5. Thc compauy's rcwstcrcd numbcr and rcgislcrcd oificc addrc&s can bc found on thc Company Inforniauon page. The pr&scntation currency of thc financial statcmenLs is thL Pound Stcrling (£). The company is a charity registcrcd with The Clwity C".ommission for England and Walas {Rcgisiered mfft]ber 1005890). ACCOUNTING POLICIES Bgsis of preparin% the fin*ncixl stalements Thosc financial ststemcnLs havc l)ccn wcpared in accordancc with Financial Re￿)rting Standard 102 'The Financial RqK)rting Sthndard applicabl¢ in the UK and Republic of ireland" inLluding the provisions of Scc(ion IA 'Sinall Entitics" und the CompuniL% ALt 2(X)6. The tinunLial ststements have been prepared under the hi8ts)rical cost convention. T*xgtloD Taxiltion for the ycar Compris￿ CUTren¢ and dcfcrrcd thx. Tax is recogni5ed in the Income StatemenL except to the extcnt that it relaics to iiems rrcogniscd An other comprehensive income w direcuy in equity. Current or detcThcd taxation &sscts and liabilities are not discountcd. Current tax is reLognised al the amount of tsx payable using the tax rntes and laws thai have been enacted or substaniivcly LmaLtcd by thL balan¢L shLYt dai.. Deferred tax I)cfC￿ed tax is rccognised in rw¢l of all ts'ming diff¢r¢n￿ that have originated but not reversed at the balance blie¢t date. Timing differences arise from the inclusion of incorne and CXFKnsag in tsx &&8e&wnents in different from th08e in which Lhey are rccobvni8cd in financial 8laiemenLS. r)cfenrd is mc&suTtd ￿sing t&N rntas and laws thai hlive been en*aCt¢d ur substsntively enacied by the yrdr cnd and thal are expected tu apply to th¢ reversal of the timing diffLTLIILL. Un￿lieVed tsx loksss and other d¢ferred arc recogniscd only lo the cxlcni thal it is probable thal they will ￿ re¢vvered a¥ai￿$t the r¢versul oldefetTed liabiliries ¢Jr other fuwre tdxuble prvtits. Hlre purchase and leAJln2 commltments RLmtals paid ￿d￿T 0￿￿ting IL&VS are charged to surp1￿$ or deficit on a straighi line b&sis over the wiod of th¢ Ic&s¢. Recognltlon of Income Inconie is recordcd die Tncorne Stalemeni when the chariiy becomes entided to die resources, it is mor¢ likely not that thc trust¢L￿ will rlixivc thL r￿UrL￿ the munL%Élry valuL Lan i￿. mLasufLMI with sufficicnt reliability. Grants and donation.s are only includcd in thc Incomc Ststcment when thc general income rccogniuon cri*ria are meL Where grants and d[)natio￿% r￿cly¢d arc subjeL't to a restricted thtse arc included in income to the cxteni thai any ￿fOrnianCe relatrd conditions have bccn mth. Where there are no ￿fo￿nanCe related conditions. grnnts and don￿lonS will be includd in income for the period in which they are receivd subject tr> the general income recognition criteria above. Crfants recetved for S￿cIfiC purEX)ses ate paid out in the same period in which they are included An income, subjxt to conditions attached to the grant being md. Pag¢ 6 ontinucd... EASTBOURNE SAFFRONS SPORTS CLUB TRUST LIMITED Note5 to thc Flknancl41 Ststem¢nts - condnued for the Year Ended 31 December 2024 OTHER OPF.RATING INCOME ANAI.YSIS OF INCOME 31.12.24 Unrestrici¢d 31.1? 24 Restricted fullds 31.12.?4 Total lunds 31.12?3 Unrestricted tundt• Don#tlong: Doiialioits. unrestricted grants and ￿ftS GranLs for.spccifiC PUryJO 8,732 8.732 92.806 10,962 92,806 ChArlt*ble *ctMUes: Rents ¥ontributions frvm ulubs 125,925 125.925 104,751 134.657 92,8(K) 227.463 115.713 Incnme fT(bm Invemnenli: Inl¢rcst incomc 66 TolAI Income 134.723 92,11( 227.529 15.713 EMPLOYEES AND DIRE￿o]ls The avcra8c nurnber of diTCCtOTS during thc year w&8 4 (2023 - 3). ANAI.VSIS OF SURPI,US FOR THF, FINANCIAI. YF.AR 31.12.24 Unrastricted fvnds 31.12.24 Rcgtri¢t4xI funds 31.12.24 T(Jtal funds 31.12.23 Unra8trictrd Income lytt note 3) Totul inLome 134,723 92.81 227.529 115,713 Expenditure on eharitable activltlei: GranLs paid out Otlier i(M),( 26.216 92,15(KJ 192,8(hS 26.216 76.008 28,556 Total eXpendits￿e 126,216 92,8(K) 219.022 l(M.564 Surplus for the flnand#l ye 8,507 8.507 11.149 DEBTOKS: AMouNfs FALLING DUE WITHIN ONE YEAR 31.12.24 31.12.23 Other deb￿rS 81,122 33,425 Pagc 7 ontinu¢d... EASTBOURNE SAFFRONS SPORTS CLUB TRUST LiMITF.D Not¢s to the Financial St*tem¢nts - continued for the Year F.nded 31 Ikcember 2024 CRF,DITORS: AMOUNTS FALLTNG DUF. WtTHIN OIYF. VF.AR 31.1224 31.12.23 Other creditors 57,050 2.278 CREDITORS: AMOUNTS FALLING DUE A￿ER MORE THAN ONE VEAR 31.12.24 31.12.23 Oiher creditors 2,278 RESERVES CHARITY FUNDS 31.12.?4 UnK8triclcd ruiids 31.12.?3 un￿StrICted funijs Unr¢strleted Funds Income aDd expendlmre a¢eount: Fund bdldnLL" bruug.ht fotlviwd Income r..xpaidilurc Trdnsters out 61,881 227,529 (219.U22) 100.732 115,713 (104,564) (50.(M)O) Fund balance CWTicd forward 70.J81S 61,881 31.12.24 R￿tricted lunds 31.12.23 Rcstrictcd lunds Rcsirlcted Funds Restrlcted funds reserve.. Fund hal&UILL hiuughi l()nVdTd Received in thc pcnod Rele&ses 32,5(N) 60.306 (92.¥06) 12.664 19.836 Fund balance Carried forward 32.5 31.12.24 Restricted funds 31.12.23 Restricted funds Slnklng Fund Sinklng fund reserve". Fwid halancc btought f(Kward Transfers in 50,1 50,01)0 Fund balancc carricd f(Thard 50.(MX) 50,000 Page 8 ontinued... EASTBOURNE SAFFRONS SPORTS CLUB TRUST LIMITED NotL'S to thL. Financial Statemvnts- condnued for the Yrar Ended 31 IkcembeT 2024 10. LIMITED BY GUARANfF.E The Lompany is limittjl by guardntec and thcrcforc does not have a sharc capital. In the eV¢￿t that the compary is wound up. cach mcmbcr of the company is liable (o contributc an amount not exceeding £1. Ai the balance sheet datc the number ofmembers was Page 9 EASTBOURNE SAFFRONS SPORTS CLUB TRUST LIMITF Report of the Aeeount2Dts to tht Dlre