Cmp•ny 03567456
Acfounts 31 Math 2025

Shore￿rn cOn￿Uth Trust Lknlt•d
Trustees Annual Report
Independent Examlnerfs Report
ststement of Flnanclal ACtI￿leS
2to16
17
Summary Income and Expendtture Acc￿nt
Balance Sheet
19
Notes to the Accounts
to28
Oetalled Statement of Hnandal ACtI￿￿e$
29to30

Shoreham
Trustees, Annual Report
(Includlnq Dlrertors, reportjfvr the perlod
1st Aprll 2024 to 31st March 2025
Charlty name:
Shoreham Communlty Trust
Charlty Reglstratlon No.:
1070530
Company No.:
3567456
CommunltyTNst

SHOREHAM COMMUNITY TRUST
ANNUAL REPORT
YEAR ENDED 31st MARCH 2025
Contents
Page
Introductlon
Purpose of the Charlty
Main Actlvltles
Public Benefft Statement
Contrlbutions made by Volunteers
Main Achievernents
Action Plan
Fundralslng Objectlves
10
Reserves Policy
io
io.
Prlnclpal Risk
11
ii.
Structure. Governance & Management
11-14
12.
Financial Review
13-14
13.
Long Term Achievements
14
14.
Related Partles & Trustee Responslbilltles
14-15
15.
Declaratlons
15
16.
Annual General Meeting
16
Community Trust

Introduction
The Shoreham Centre building is a focal point in the town, bringingthe community together
through multiple activities.
It is owned by the local authority and leased to the Shoreham CommunityTrust (5CT), and in
2015116 was substantially refijrbished by Adur Distrirt Council {ADCJ wlth three objectives
In rnlnd:
Firstly, to improve the scfs offerto the communlty, enhancing its quality and ability to be
used by a wlde ran8e of hirers, community groups and voluntary organisations.
Secondly, to accommodate the local authority as its strategic base, serving the Adur District
with customer council seNices.
Thirdly, to support a number of charitable bodies includin8 Crtizens Advice and 4Sight, by
housing their buslness actplities within the complex.
The net result Is a Ilvely hub for the town whlch offers leisure, civic and professlonal services
of all kinds, being at the very heart of the town, dlstrlct and wider community.
The trustees, who are also dlrectors of the chartyforthe purposes of the Companles Art
2006, present their report with the flnancial statements of the charlty for the year ended
31st March 2025. The trustees have adopted the provlslons of Accounting & Reporting by
Charities: Statement of Recommended Prartice appllcable to charlties preparing their
accounts in accordance wlth the Financlal Reportin8 Standard, appllcable In the UK and
Republlc of Ireland.
The Trusts constltutlon reflects the requirements of modern charty le8lslation and
recommended 8ood practKe for a Charty.
Responsiblltty for the overall control of the Trust's affairs rests in the board of rnana8in8
trustees, elected each year by the membership at the AGM.
The Trustees herewith present their report, together with the Independently Examlned
Financial Statements of the Trust, for the financial year beginning on 1st April 2024 and
endin8 on 3tst March 2025.
Purpose of the Charity
The principal activlty of the Trust in the period under review was that of running The
Shoreharn Centre in line with the Charity's objects which are to:
a Shoreham
Community Trust

"Promoteforthe benefft of the inhabitsnts of Shoreham-by-sea and neighbourhood without
distinttion of sex. colour, race or of political, rellgious or other oplnlons by associating the
local authorities. voluntary organisatlons and inhabitants in a common effort to advance
education and to provide facilities in the interest of social welfare for rec￿atIon and leisure-
time occupation with the object of improving the conditions of lrfe of the said inhabitants."
Also "to Co-operate wlth any statutory local authority in the rna1ntenan￿ and management
of the premises known as The Shoreham Centre, 2 Pond Road, Shoreham-by-sea, West
Sussex, BN43 SWU, for activities promoted by the cornpany and Its constituent
bodies In the furtherance of the above objects."
Main Activities
We hire out room space to local communlty gr￿pS to further our Charlty objectlves where
people can come together to play, learn and celebrate.
Pond Cafe
Our Pond Cafe Is a communlty cafe offering refreshments for those using and visiting the
Centre. The finances of the cafe are held in a designated fund wSth any surplus used, as
determlned by the trustees, to further our primary charlty objectlves.
The Pond Cafe offers a popular service of refreshments and lunthes for users of the Centre.
In addition, the staff provlde an outside catering serrfice when requested and occasionally
cater for larger comrnunity events held In The Shoreham Centre. Our hospitality portfolio
continues to Increase and is becoming a key part of the cafe's offerlng to local buslnesses and
community groups who use the centre.
After a period of tearn buildingand plannin& Skywaygallerywas launched on 16th September
2016 and formally became part of the Shoreham Community Trust on 15th Au8USt 2017.
Skyway Gallery is a contemporary community-centre gallery space, which provides a flexible
and affordable contextfor the promotlon of art and culture.
Skyway Gallery has two main purposes: the advancement of the arts & culture and the
advancement of education in the arts. Ouralm is to stimulate creativity, diversity and activity
in the visual arts, as well as strengthening and promoting the well-belng of the wider
community.
Skyway Gallery exists within a public shared space and has a weekly average footfall of 1,000
to 1,500 people, therefore providing the opportunity for people who wouldn't normally be
exposed to the visual arts to engage with a varied and changing body of work. The Gallery
a Shoreham
Community TNSt

also provides hire space with exhibition opportunities for art groups and clubs, educational
establishments and individuals to exhibit, prornote and on occasion sell their work during
their exhibition period.
ular
vltles The Sho ham Cerrtre Inclu
Arts and crafts
Dance
Drama
Fitness classes & training
Educatlon
Preschool activitles
Music
Public meetin8S
Blood Donation
Wednesday Market
Martlal arts
Choir
Skyway Gallery
Weddlng receptoons
Themed events
Church servlces
Public Benefit Statement
The Trustees pay full regard to the Charity Commisslon's guidance on public benefft. They
apply It In their general overvlew of the Trusys affairs and have done so directly in relevant
areas of decislon-makin8 durln8 the year.
Contributions made by Volunteers
The Trust has members who volunteer for a range of roles Includin8 preparing and running
soclal events, distributin8 pUbl￿lty. attending Skyway Gallery Exhibitions and maintainin8the
premises.
The management committee would Ilke to record its great appreclatlon for the continued
support given by unpaid volunteers who a55iSt with the runnin8 of all aspects of The
Shoreham Centre.
a Shoreham
Community Twst

Main Achievements
The building is in continuous Use throughout the week by the local community, including the
weekends. It Is full of many diverse comrnunity groups making great use of the space. The
variety of these groups is in itself testament to the flexibility, affordability and quality of what
the Centre can offer our community.
Prlncl I
ource5
The principal fundlng source Is from room lettings to local community groups.
Fundralsing events are held during the year and include a weekly Wednesday indoor market,
craft fairs and other events held by local charities and community groups.
The Pond Cafe, whilst not a principal fundlng source, exists, however, wtthin our fundin8 for
the users of the Centre. Skyway Gallery, although again is not a principal funding source, it
exlsts within a public shared space and has a weekly average footfall of l.lJ)O to 1,5CK) people.
Pond Cafe
The Pond Cafe has grown In Its reputatlon In providln8 a meetln8 place for the communlty.
Mothers wSth theSr bables meet frlends re8ularfy In the cafe area for drlnks and chats. Due to
the ever-Increasln8 costs to run the cafe we have worked hard to keep any prlce Increases to
a rnlnlmum and the cafe is now back to pre-pandemic usage levels and Is an affordable place
for the communlty to eat and drink.
Listed below are the many Exhibitlons and workshops that occurred during 202412025.
A newsletter has been introduced whkh Is sent out electronlcallv.
CT Tradln
Llmlted
This is a subsidiary company of Shoreham Community Trust. It was set up during 2019 to
provide a licenced bar seplice for the users of Shoreham Community Trust to hire for their
events. Any surplus for each year is gifted to Shoreham Community Trust to improve the
buildlng and services scr provides to the cornrnunty. Approval for any gift transfers is
actioned at the formal Annual General Meeting. Work is being undertaken to improve the
seprfice offered.
CommunityTrust

Action Plan
7. Action Plan Action Plan 2025- 2026
l. Target: Contlnue to negotiate a new lease with Adur District Councll as a Hlgh prlorlty.
on:
hair of trustees & tearn.
hen:
Oth April 2026.
. Target: Maintaln a minlmum of 3-6 months expenditure In reseNes with the aim to achiev
6 months in reseNes In the coming two years.
ction:
reasurer.
hen:
ngolng.
. Target: Set up quarterly revlew meetln8s between AWC officers and Trustees to discus
ubjects of mutual Interest.
ctlon:
halrrnan / Centre manager / Treasurer to agree timetsble wlth AWC.
Upon cornpletlon of lease agreement.
. Target: Trustees to annually revlew hi￿ fees for all spaces.
hen:
rtlon:
Manager & Treasurer.
End of third Quarter.
hen:
Target: Hlrers and tenants to have dlrect access to the Centre manager to dlscuss an
roblems / Issues. In addition, regular revlew meetlngs wlth Centre staff can be arranged t
Iscus5 future needs and opportunities.
ctlon:
entre manager.
hen:
fth Immedlate effect.
Community Trust

Target: Create agenda tlme for Trustees. AWC and other stskeholders to dlscuss ne
pportunities. includlng long-term building development aspirations for the Centre. and t
ssess barriers to success.
ction:
WOT analysls wlth Trustees, ADC representstTves- AWC, Centre Manager.
hen:
Upon completion of lease agreernent.
Target: Determlne an lrtegrated media. advertisin8 and promotional Strate￿ an
mplementation plan.
'on: Trustees & Marketing sub-commlttee.
Target: Examlne ways to further develop 'Skyway Gallerf actlvltles followlng th
appolntment of a Curator to mana8e the facillty.
on:
rustee Board & Skyway Gallery S￿￿CoMMIttee.
hen:
ngolng
hen:
pril 2026
. Target: Formulate the long terni building development aspirations.
ctlon:
rustees and Capltal sub-committee In conversatlon wlth ADC AWC.
Upon completfon of lease agreement.
10. Target: Contlnue commltment to traln staff In approprlate skllls and draw up suitabl
programmes to accomplish individual progress.
cifon:
taffing su￿ComMIttee.
n8oing.
l. Target: For 2024125 we are revlewing and updating all our governance documents an
ollcles held on file.
hen:
hen:
ctton:
rustees and Centre Manager.
hen:
ngoing.
Community Trust

Fundraising Objectives
Our fundralslng activities allow us to put on events that are free for the public. We invite
local, talented and inspirational people who want to contribute, being part of a cornmunity
hub and part of the entertainment on event days. These event5 have been well received and
grow every year, and we will continue to provide them. In previous years we had provided a
Christmas Lunch on Christmas Day, which was free of charge to anyone who wishes to come
along. The day is provKled by volunteers, trustees and stsff working tO8ether.
We provlde good quality food and drlnks at an affordable prKe and compare favourably with
other providers In the community. We ensure our Pond Cafe provldes regular meals for senior
cltlzens in the communlty at an affordable community prlce.
2024
Exhlbl
and worksho
In House Artlst- workshop
In House Artist-workshop
In House Artlst- workshop
Galle
Hlre - exhlbltlon
Galle
Hlre- exhibition
Gallery Hlre- exhSbltfon
June
September
December
Gall
mme2
Date
Janua
February
In House exhibition
Curator Led Worksho
Reserves Policy
The Dlrectorsnrustees endeavour to maintaln sufficient reserves In order to ensure that
funds remain available to enable the cent￿ to continue to operate in the furtherance of the
objertives of the charity.
The reserves held remain above the three month's worth of annual expenditure that would be
in line with Charity Commission's recommendation. due to the economic uncertainty that
may arise once the lease with Adur & Worthing Council is fmalisd The change was
approved by Trustee5 on 17 November 2025.
io
Community Trust

10. Principal Risk
Shoreham Community Trusys principal rlsk Is that we still have no lease in place with Adur
District Council. We requested to have a lease offering us 20-25 years, but have only been
offered 15 years In the draft documents sofar. We will also need the managernent document
to be workable for us rfwe are able to grow and not be restrlcted.
The Trust is currently working on how to acknowledge and celebrate its 50th anniversary and
plannlng for this Is underway. We recognlze this is some achievement to have survived for
50 years with many challenges overcome. and we look forward to celebratlng thls wlth hlrers,
staff, trustees and local partners, old and new.
11. Structure, Governance & Management
The charity is controlled by Its 8overnln8 document. a deed of trust. and constltutes a Ilmlted
company flimited by guaranteej as defined by the Companies Act 21X)6.
Shoreham CommunityTrust is a company limited byguarantee governed by its Memorandum
and Artlcles of Association dated 20th May 1998. It Is re8lstered as a charty with the Char5ty
Commission.
During the year, our Trustees consldered issues relatingto membershlp of theTrust and how
to encourage this amongst hlrers of the Centre, alongside Individual mernbership. If not
already mernbers, lar8er organisations or groups would be encouraged to or8anise
representation from amongst their rnembershlp.
Anyone over the age of 18 can become a member of the charity. Please note, however, that
voting rights at the AGM are restricted to the representatives who have signed the relevant
documentation, statlng they uphold the objectlves of the Charitynrust. Forms are avallable
from the offlce at The Shoreham Centre.
ee Selectlon
At the AGM Trustees willing to stand may be reappointed by rotation for a further term by
fellow Trustees. The optirnum term is nine years, but Trusts can decide their own length of
service criteria as appropriate.
When contemplatin8 Trustee selertlon, the Board will actively conslder aspects of dlverslty
and inclusivtyforthe Board to be fully representative of the local community.
Trustee Inductlon & Tralnln
New Trustees are obliged to undergo a systematic induction programme overseen by existing
Trustees. This includes the provision of a comprehensNe data pack and facilities tour of the
li
Community Trust

Centre, including introductionsto managers and staff. Tralning programmes areavailable and
offered on an ad hoc basis as required and appropriate.
Governance
All Pollcles and Documentation are electronically captured in the Govemance Archive. This is
updated on an ongoing basis and includes Chaflty Commission rules and guidelines and
staff/employee policies.
Day-to4ay management of The Shoreham Centre Is carried ￿t by our small office team,
supported by cleaners and caretakin8 Staff who are confldent and happy to deal with visitors,
questions arKI enquirles.
The Centre Manager provides a tour of the buildin8, durin8 which time they meet key
employees. Health & Safety and Safe8uardin8 training are provSded by the appropriate officer
of the Trust.
Cornm
Members of the Management Cornmittee. whoare dSrectors forthe purpose of company law
and trustees for the purpose of charity law, and who served durSn8 the perlod and up to the
date of this report are:
Matt Davis
Chair
Tony Bourne
Paul Comber
Treasurer
Committee Member
Madeleine Empson
Kate Green
Committee Member
Committee Member
Janice Roberts
Reslgned 31 March 2025
Reglstered Charity No. 1070530, address: The Shoreham Centre, 2 Pond Road, Shoreham-
by-sea, West Sussex, BN43 SWU.
Da
-to-da
Man
ement
Managernent of The Shoreharn Centre is carrled out by our small team In the offlce, plus
cleaners & caretaking staff, who are pleased to deal with questions and enquiries. To 8et In
touch, please see our contact page on our webslte: www.shorehamcentre.co.uk
12
CommunityTrust

stsff Members
Shoreham Centre Manager
Deputy Manager
Receptlonlst & Admlnlstration
Skyway Curator
Caretakers
Jeremy Charlton
Zara Spanton
Kath Lampert
Crimson Trebar
Lee Pomfrey
Laura Fontana
Julian Beecher
Jamle Fontana
Catering Manager
Cafe Assistant
Jennffer Moore
Vacant
Cafe Assistant
Jacquellne Martln
Karen Sando
Cafe Asslstant
Cafe Asststant
Mala Terry
Vacant
Weekend Caterlng Manager
Cleaners
Joyce Mav
Debra Watson
Chelsea Watson
Inde
ndent Examlner
Accountants
MarkGoble, Marsh & CoAccountants Limited, 254 uppersh0￿harn Road, Sho￿ham-by-sea,
West Sussex BN43 68F.
Bankln
Barclays Bank PLC Worthln& Chapel House, I Chapel Road, Worthin& West susse￿ BNII IEX.
12. Financial Review
The financial statements indicate that the charity achieved a loss of £7,898 during the year,
compared to a loss of £1,696 for the previous year. Total income was £298,614, and total
expenditure was £306,512.
All the Trust's current assets and liabilities relate to delivery of its charitable aims and
objectives. The Trust's direct expenses in providing charitable services are the personnel and
13
Communlty Trust

other costs involved in running The Shoreham Centre and in making its facilities available for
cornmunity activities.
A detailed account of the activitles and workings of The Shoreham Centre, along wlth
information about its facilities, management and history. can be found on our website
www.shorehamcentre.co.uk.
13. Long Term Achievements
The most visible improvement over recent years has been the extension to The Shoreham
Centre and the substantial refurbishment to the interior of the building that Adur DSstrlct
Council has prov￿ed.
The Shoreham Centre buildlng is a focal polnt In the town. bringlng the community together
through multiple actlvlties across the district.
The introduction of the Skyway Gallery has provided the buSldlng with a real cultural flourish
of which the team are very proud, and the Pond Cafe is a wonderful gathering point for
refreshments of all klnds throughout the week.
Surroundlng land whlch holds future development potential wlll ontry add to the long term
goal ot the buildSn8 being very much at the epicentre of thls vibrant town.
Adur and Worthlng Councll, as part of their pledge to be carbon neutral by 2030 Is uslng part
of a 8rant of more than £1.8m from the Public Sector Decarbon15atlon Scheme to install a
serles of envlronmentalty friendly air source heat pumps. These heat pump5 have been
instslled to provlde the bulk of the heatlng and hot waterto the building which will result in
lower carbon emissions.
Flnally, we look forward to celebratin8 50 years of The Shoreham Centre, welcoming the
whole local community throu8h its doors.
14. Related Parties
There have been no related party transactions in the flnancial year ending 31st March 2025.
Stat
ntof h Trustees'Res
Illtles
Company Law requires Trustees to prepare fJnancial statements for each financial year which
Ive a true and fair view of the state of affairs of the charitable company for that period. In
preparing those financial statements, the trustees are required to:
select suitable accounting policies and then apply them conslstently.
observe the methods and prlnclples in the Charity SORP:
14
a Shoreham
CommunityTrust

make Judgements and estimates which are ￿asonable and prudent:
prepare the financial ststements on a "going-concern" basis (unless it is
Inapproprlote to presume that the charitable company will continue in
operationj.
The Trustees are also responsible for keeping proper accountlng records which disclose wlth
reasonable accuracy the financial positlon of the charltable company• whlch enables them
both to ascertain the financlal position of the charitable company and to ensure that the
financial statements comply with the Charities Act.
The Trustees are responslble for safeguarding the assets of the charity - and hence for takin8
reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared In accordance with the special provlsions of Part 15 of the
Companles Act 2￿)6 relating to small companles.
The trustees declare that they have approved the Annual Report at their board of trustees
meeting, and it is signed on its behalf by Matt Davis (Choir) and Tony Bourne (Treosurer). See
Settion 15.
15. Declarations
The company has tsken advants8e of the small companlerf exemptlon In preparln8 the
report above.
The trustees declare that they ha￿ approved the truste￿ report Ilncludln8 directo
report) above.
Signed on behalf of the tharftvs trustees/dlrertors
Slgnature
Full Name
Posltlon
Matt Davis
Chair
Signature
Full Name
Position
Tony 8oume
Treasurer
Date
26January 2026
15
a Shoreham
Community Trust

16. Annual General Meeting
The next Annual General Meeting IAGM) of Shoreham Community Trust wlll be held in 26
January 2026.
The AGM is open to anyone who has an interest in The Trust and The Shoreham Centre.
Anyone over the age of 18 can become a member of the charity. Please note, however, that
voting rights at the AGM are restricted to the reP￿SentativeS who have signed the relevant
documentation stating they uphold the objectlves of the Charitynrust. Forms are avallable
from the office at The Shoreham Centre.
16
Communlty Trust

Shoreham Comrnunity Trust Limited
Independent Examlner's Report
Independent Examiner's Report to the trustees of SIM)reham Community Tntst Limited
I report to the charity trustees on my examinatron of the financial statements of Shoreham Community Trust
Limited for the year ended 31 March 2025.
Responslbllhles and basls of report
As the charity's trustees of the company land also its directors for the purposes of company lawl you are
responsible for the preparatlon of the financlal ststements In accordance wlth the requirements of the
Companies Act 20061'the 21x16 A￿.
Having satisfied myself that the flnanclal ststements of the Chartty are not requlred to be audited under Part
16 of the 2006 Art and are ellgible for independent examination, I report in respert of my examinatlon of
your charity's financial statements as carrled out under sectlon 145 of the Charlties Art 20111'the 2011 Act'l.
In carrying out my examlnatlon I have followed the 01￿ctIonS glven by the Charlty Commlsslon under sectlon
145151 {bl of the 2011 ACL
Independent examlnerfs statement
As the charlty's 8ross Income exceeded £250.LX)O your examlner must be a member of a body listed Sn
section 145 of the 2011 Art. I confirm that l am qualified to undertake the examination.
I have completed my examination. I can confim? that no material matters have come to my attention In
connecdon wlth the examlnation 8tvln8 me cause to believe:
accounting records were not kept in accordance with sertion 386 of the 2006 Act . or
• the flnanciaS statements do not accord with those records: or
the flnancial statements do not comply with the accounting requirements under sectlon 396 of the 2006
Art other than any requirementthat the flnancial ststements 8ive a'true and falr, view which is not
matter considered as part of an independent examlnatlon; or
the financlal statements have not been prepared In accordance wlth the methods and principles of the
Statement of Recommended Practlce for accountlng and reporting by charities applicable to charities
preparing their accounts in accordance wlth the Financial Reporting Standard appllcable In the UK and
Republlc of Ireland IFRS 1021.
I have no concems and have come across no other matters In connectlon wlth the examlnatlon to whlch
attention should be drawn in thi5 report in order to enable a proper understandin8 of the flnanclal
statements to be reached.
Marsh & Co Accountants Lirnited
254 Upper Shoreham Road
Shoreham-by-sea
West Sussex
BN43 6BF
XX January 2026
Page 17

Shoreham Cornn￿nIty Tryrt Umlted
Statsment of Anandal Actlvltles
for the year ended 31 Maffch 202S
funds
lunds
2025
Totsl fuTrds Total funds
2025
2024
2025
Income and endowrnnts
Donations and legacles
Charltable actlvltles
Other tradlng actlvltles
Other
287,404
4.670
287,404
4.670
6,540
302.198
6,298
4,987
Total
298.614
298,614
313,482
Exp•ndlture on:
Other
305,768
744
3r￿.512
315,178
Total
305,768
744
306,512
315,178
Net 8alns on Investments
N•t •xp•ndltur•
Transftts between funds
(7.154)
{744)
17,898)
(1.696)
Net •xpendlture before oth•r
plns/llosses)
17.154)
1744)
17,898)
(1,696)
Oth•r 8alM and loss
Other Galns
N•t movement In funds
17,1541
(744)
17,898)
{1,696)
R•£on¢lll•tlon of fund&.
Totsl fvnds brought forward
205,128
10,966
216,094
217,790
Total funds carrl•d forw•rd
197,974
10,222
208,196
216,094
Page 18

Shoreham Communlty Trnst Umlted
Summary kncoffle and Expenditure kcount
for the year ended 31 March 2025
2024
Income
298,614
313,482
Gn)ss Income for the year
Expendlture
298,614
313,482
3CX),409
308.666
Depreciatlon and charges for
Impalrment of fixed assets
6.103
6,512
Totsl •xp•ndlturn for th• y••i
306,512
315,178
t4et expendlture before tsx for the year
17,8981
(1,696>
Net expenolture for the year
17,898)
11,696)
Page 19

Bthnce Sheet
at 31 March 2025
Company No. 03567456
Tan8ible assets
Invesirnents
li
12.466
11466
Curr•rt •si¢ts
Debtors
Cash at bank and In hand
12,735
193,323
206.058
(4,720)
201338
20,073
187,640
207,713
14,085)
203.628
Cr•dltm: Arnount falllrq due one year
N•t curnint •si•ts
14
2l￿,196
216,094
Tot•1 n•t •ii•ts
21B.196
216.094
Th• fund¥ olth• charfty
Restrfcted Incorne funds
10.222
10,222
10,966
10,966
Unr•thrt•d funds
General funds
197,974
197.974
205,128
205,128
Totsl funth
2(W.l%
216,094
These accounts have been prepared In accordarKe wlth the spedal Pr(￿s1{￿ of Part 15 of the Companle5
Act 2(X16 relat1￿ to srnall companles.
For the year ended 31 Marth 2025 the company was erthled to exemptlcn wHler sectlon 477 of the
Ctyfipanles Art 2(K16 relatln8 to small companles.
The members have not rewred the company to (*tsln an audlt In accordan￿ wlth sectlon 476 of the
Companles Act 2(Th.
The dlrectors acknowledge thelr responslbllltles for complyln8 wlth the req￿refflents of the Companles Art
2CK16 wlth respect to aCa)untI￿ retLYds and the preparati(m of acC￿nts.
Approved ty the board on
26 Jannary 2026
And slgned on tts behalf by.
Trustee
Pa8e 20

Shoreham C(¥nmunlty Trust Umlted
Notes to the Accounts
for the year ended 31 MaKh 2025
l Actountln8 polkles
Bas15 01 prep•ratlon
The finanaal ststements ha￿ been prepared in accordan￿ ￿ Accounting and Reporting by Charltles:
ststement of Recommended Pracllce appllcable to tharitles weparfn8 thelr accounts In accordan￿ with
the Financial Reporting Standard applicable In the UK and Republlc of Ireland IFRS 102) - (Charities SORP
(FRS 10211, the Hnanclal Reportin8 Slandard appllcable In the UK and Republlc of Ireland (FRS 102) and
the Companles Act 2(KJ6.
Change In basls of •cuwntlni (Y to p￿VIouS 4(rounts
There has been no thange to the account1￿ pollcles (valuatlon rules and method of accountlng) slnce
last year and no chan8es have been made to accounts for previou5 years.
Fund •ccountln8
Unrestrlcted furKls General funds ￿ unrestrirted fvnds whlth are avallable for use at the dlscretSon of
the Trustees In furtherance of the general objectlves of the company and whlch
have not been designated for other purposes.
Restricted funds are funds whith are to be used In accordance wlth specffic
restrlctlons Imposed by donors or whlch have been ralsed by the wmpany for
partlcular purposes. The costs of ra151ng and admln15terlng such funds are char8ed
agalnst the spethc fund. The alm and use of each restrlcted fund Is set out In the
notes to the flnandal staternerrt5.
Restrlrted funds
Incom•
Recognltlon of
Income
All Incomln8 resources are Included In the Statement of Flnanclal Activlttes (SOFA)
when the company Ss legally entllled to. and v1rtual￿ certaln to recelve, the Income
and the amount of the Income can be measured wlth sufflclent rellablllty.
Donated servlce5
and fadlltSes
Donated Serv1￿ or facllltles. whlch cornprlse donated servlces, are Included In
Income at valuatl(m whlch Is an e5tlmate of the financlal cost borne by the donor
where suth a c05t Is quantlfiable and measurable. No income is reco8nlsed where
th¢re15 no flnandal ci)5t borne by a third party.
Income tax recoverable In relatlon to donatSons recelved under Glft Ald and deeds
of covenant Is reco8nlsed at the tlrne of donatlon. Income tsx recoverable in
relatlon to Inve5trnerf Incorne is recognised at the tlme the Investment Income Is
recoverable.
Income tax
recoverable
Expendlture
Recognltlon of
expendlture
All expendlture Is recognlsed an accruals bas15 and has been Induded under
expense cate8orles that a88re8ate all costs for allocatlon to actlvltles. Where costs
canrKJt be dlrectly attrlbuted to particular actlvities, they have been allocated on a
basis con5iStent with the use of the resourc
Governance costs are those incurred in connection with admlnistratlon of
the cornpany and c(￿pIlanCe wlth consututional and ststutory
requlremen
Governance costs
Ta￿tIon
The charity Is exempt from corporatlon tax on Its tharltable actfvltles.
Page 21

Shor•ham Communlty Trust Umltsd
Notes to the Accounts
Tan8lble tlxed assets and dewedadon
Oepreaation Is provided at the followlng annual rates In wder to write off each asset over its estlmated
useful lrfe..
Freehold property
IIY% Strai8ht Ilne
Computer and webslte
deslgn
25% Stral8ht Ilne
Flxtures and fittin85
2S% Reducing balance
P•nJlon costs
The tharlty operates a defined contrtbutlon plan for Its employee5. A defined corrtributlon plan15 a
penslon plan under whlch the company pay5 flxed contrlbutlons Into a separate entlty. Once the
contrlbutlon5 have been pald the company has no further payments obllgatlons. The contrlbutlons are
reco8nlsed as expenses vthen they fall due. Amounts not pald are shown In accruals In the balance sheet.
The assets of the plan are held separately from the company In Independently admlnlstered funds.
R•c•lpt ol don•t•d goods f•dlltles and Mr¥l
All donated goods. fadlltles and ser¥lces re￿IVed are reco8nlsed wlthln Incomlng resources and
expendfture at an estlmate d the value to the tharlty.
2 Con¥•ny Jtatui
The company Is a prlvats company Ilmlted by 8uarantee and consequenlly does not have share capltal.
Page 22

Shoreham Communlty Trust Un4t•d
3 Staternert of Hnandal ALtMts.
funds
funds
2024
Totsl funds
2024
Oonatlons and legacies
Charltable artlvltles
Other tradln8 actlvttles
Other
302,198
302,198
6.298
4.987
4.987
Totsl
313,482
313.482
Exp•ndltur• on:
Other
314,434
744
315,178
Tot•1
314,434
744
315.178
Net galns on Investments
Net Incom
(9521
(744)
{1.696)
Transfer5 between funds
N•t Income before oth•r
8alnsl(loss•s)
Oth•r ialns and Iosms:
Other Galns
(952)
1744)
11,696)
Net rnov•m•rt In funds
(952)
(744)
11,696)
Recon¢lll•tlon (rf funds:
Total funds brought forwdrd
Totsl funds ￿l￿ed forw•rd
206,080
11.710
217,790
205,128
10,966
216,094
4 Incom• from donatlons and l•aad•s
Totsl
2025
Total
2024
Donatlons
ii)
{1)
Page 23

Shoreham Communlty Trust Umlted
Notes to the Accounts
5 Income from charlt•ble •dMtles
Totsl
Totsl
2024
Lettings and rentals
161,625
87,183
38,5%
287.404
161,625
87,183
38,596
287,404
175,435
89,106
37,657
302,198
Centre runnln8 costs
6 InMm• from other tr•dln8 athllles
Totsl
2025
Totsl
2024
Incorne from tradln8
subsldSary
4.670
4,670
6,298
4,670
4,670
6,298
7 Oth•r Income
Totsl
Total
2024
Mlsc Income
290
6,250
147
4￿40
4,987
Interest recelved
6,250
6,540
8 Oth•r •xp•ndltur•
Total
Total
2024
Skyway expenses
Cafe supplles and mathlne
hlre
Adur Dlstrfrt councll
premlses
Employee costs
Prernlses costs
Amortisation, depreclatlon,
Impalrmenti profftlloss on
disposal of fixed assets
General administrative costs
Legal and professlonal costs
119
16,133
33.185
33,185
36,734
41.622
41,622
42,151
203,204
5,957
203.204
5,957
185,219
7,812
5,359
744
6,103
6,512
12,521
3,801
305,768
12,521
3,801
306,512
11,278
9,339
315,178
744
Page 24

Shoreham Canmiunity Trust Umlted
9 Net expendhure before trnnsh
2024
This 15 sLited after chargi￿.
Depreclatlon of owned fixed assets
6.103
6,512
10 Staff casts
2024
Salaries and wages
PAYE and Soclal securlty costs
Penslon costs
Stsff tralnln8
177.138
20,537
5,110
419
203,204
160,444
21,333
3,432
io
185,219
No employee recelved emoluments In excess of £60,(YXI.
Total employee beneffts recelved by kny management
personnel
The avera8e monthfy number of full ￿rne equlvalent employees durfng the year was as follows:
2025
Numb
23
23
2024
Number
25
25
Staff
11 T•rylble fixed •iMts
Land and
Ixlldl
C(Mnput•r
WKI w•bdte Equlpment
Axlures and
fittlnas
Total
Cost or r•valu•tlon
At l Aprll 2024
Addltlons
Dlsposals
At 31 March 2025
Depredatlon and
Impalrnient
At l Aprll 2024
Depreclatlon thar8e for the
year
Dlsposals
At 31 March 2025
42,538
6.787
495
75,107
124,432
495
42,538
7.282
75,107
124,927
36.586
6.576
111,966
4.254
273
1,576
6,103
6,849
70,380
118,069
Plet book valu•s
At 31 March 2025
At 31 March 2024
433
211
4.727
6,303
6,858
12,466
5,952
Page 25

Shoreham Comrnunlty Trnst ilnthd
Notes to the Accounts
12 Investments
Investment In Subsldiaries
The company has the followlng subsldlary undertakirg5:
Capft•l and
reserves at ProllV(Ioss
end ofthe
)forthe
relevant
relevant
C￿ntry of
Incorporatlon aass of
%a8eof
(11 not UK) shares held shares held
Name of company
year
E￿land and
Wales
scr Tradlng Umlted
Ordlnary
13 Debto
Other debtors
Prepayments and accrued Income
15.197
4,876
20,073
12,735
12,735
14 Credltors:
amounts falllng due wlthln one year
2024
OthLY tsxes and soclal securlty
Other credftors
Accruals
1.393
3,327
4,720
4,085
4,085
15 Mov•ment In lunds
Incoml
At31
MJrch
2025
Omjudl
AtiAwM
20Z4 plMlloss•s)
•xpend•d
tr•nshYs
Restrlcted funds
10.966
(744)
10,222
Unrestrlct•d funds:
General funds
205.128
298,614
(305.768)
197,974
Total funds
216.094
298,614
(3[￿.512)
208,196
Pa8e 26

Shoreham Communlty Trust Umlted
Note5 to the Attounts
16 Analysls of net asse15 b•twMn funds
funds
funds
funds
Total
Flxed assets
Net ojrrent assets
4,627
201338
205,965
2,231
858
20L338
208,196
2,231
17 Reconclllatk>n ol n•t d•tst
At31
March
2025
AtIAwll
HPIFlnance
le•ses
Cath fiows
Cash and cash equlvalents
Bank overdrafts
187,640
193,323
187,640
193,323
Borrowln8S
Net debt
187,640
193,323
18 ComTrltrn•nlS
Annual commltrnents under norKantellable operatln8 leases are as follows:
2025
2024
2024
land and
bulldlnas
L•nd and
bulldln
Other
Operatlng leases wlth explry date:
Wlthln one year
In the second to flfth years Induslve
Over flve years
1,115
I,iis
1,115
L115
2024
The penslon cost tharge to the company
amounted to:
5,110
3,432
Page 27

Sknham Communlty Trust Umlt•d
19 Related party dlsdosures
Controlllnq party
The company Is Ilmlted by guarantee and has no share capitsl; thus no sln8le party controls the company.
Page 28

Shoreh•rn Communlty Trust Umlted
Detslled Statement of Hnandal Actlvl
for the year ended 31 Marth 2025
Totsl funds Total fund5
2025
2024
2025
Donatlons and legacies
Donatlons
Charltsble artlvltles
Letting5 and rentsls
Cafe
cent￿ runnln8 costs
161,625
87.183
38,596
287,404
161,625
87,183
38,596
287,404
175,435
89,106
37,657
302,198
Other tradlng actlvFtles
Income from tradlng sub51dlary
4.670
4,670
4.670
4,670
6,298
6,298
Other
Mlsc Income
Interest recelved
290
6,250
6,540
147
4,840
4,987
6.250
6.540
Total Incoffl• and •ndowm
298,614
298,614
313,482
Expondltur• on:
Other expendlture
Skyway expenses
Cafe supplles and machlne hlre
Adur Dlstrlct councll premlses
costs
119
33,185
119
33,185
16,133
36,734
41,622
41,622
42,151
74,926
74,926
95,018
Employee costs
Salarleslwages
Employer's NIC
Penslon costs
Stsff tralnln8
177,138
20,537
5,110
419
203,204
177,138
20,537
5,110
419
203,204
160.444
21,333
3.432
io
185.219
Premlses costs
Rates
Premlses deanlng
Premises repairs and
malntenance
Other premises costs
827
827
3,228
2,836
3228
1.902
1,902
2,088
5,957
5,957
7,812
Page 29

Shor•ham Communlty Trust Limited
Detslled Statement of Hnandal Actl¥llles
General administratSve costs.
Includln8 depreclation and
arnortisation
Depreclatlon of land and
buildings
Depreclatlon of Computer and
web51te deslgn
Depreciatlon of Fixtures and
ffttln8S
Bank charge5
Equlpment expensed
Equlpment leasing and hlre
char8es
General Insurance5
Infomiatlon and publlcatlons
Posts8e and courfers
Subscrlptlons
Sundry expenses
Telephone, fax and broadband
3,510
744
4,254
4,254
273
273
157
1,576
1.576
2.101
1,327
1.526
1,327
1,526
2,176
1,354
1.115
1,115
1,115
1.439
28
281
1,439
28
281
1,363
206
2,557
329
1,678
17,790
2,151
1,956
17A80
2,151
1,956
18,624
744
Legal and professlonal costs
Accountsncy and bookkeeplng
Consuitancy fees
Other legal and professlonal
costs
1.260
1,803
1,260
1,803
1,260
1,700
738
738
6.379
3,801
3,801
9,339
Tot•1 of •xp•ndltur• of oth•r
305,768
744
306,512
315,178
Totsl •xp•ndltw•
Net galn5 on Investments
305.768
744
306,512
315,178
N•t •xpendlturn
Transfers between funds
{7,154)
1744)
(7,898)
N•t •xpandl￿rn before other
zalnsllloss•s)
Other r•coenls•d g•lns and losses
Other Gains
{7,154)
{744)
(7,898)
11.6961
Net movement In funds
{7,154)
{744)
(7,898)
11,6961
Rea￿tIllatIOfi ol funds:
Totsl funds brought forward
205,128
10,966
216,094
217,790
Total funds Carried forward
197,974
10,222
208,196
216,094
Page 30