Charity number: 1106913
Company number: 05079039
(England and Wales)
St James Trust (Seaford)
Report of the Trustees and Financial Statements
For the year ended 31 March 2025
| Report of the Trustees | 1 to 4 |
|---|---|
| Independent Examiner's Report to the Trustees | 5 |
| Statement of Financial Activities | 6 |
| Statement of Financial Position | 7 |
| Notes to the Financial Statements | 8 to 11 |
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The Trustees, who ae also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 31st March 2025. The Trustees has adopted the provisions of Accounting and Reporting by the Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2015)
STRUCTURE, GOVERNANCE AND MANAGEMENT
The company was incorporated on 19 March 2004 under the Companies Act 1985 as a company limited by guarantee and not having a share capital. The company is a charity registered with the Charity Commission for England and Wales and is exempt from using the word ‘Limited’ in its name under section 30 of the Companies Act
The Trustees in office during the year, and any changes during the year, are shown as below. Under the Memorandum and Articles of Association the number of Trustees shall not be less that three. The Trustees in general meeting may appoint any suitable person to be a trustee either to fill a casual vacancy or as an additional Trustee.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity St James’ Trust (Seaford) Charity Registration Number 0106913 Company Registration Number 05079039 Principal Address & Registered Office St James’ Trust Community Centre 11 Blatchington Road Seaford, East Sussex, BN25 2AB TRUSTEES D Dymott A M Richardson J S White S Harvey C West A Skillings D Holland to 19 September 2024 J Austin to 19 September 2024 CHIEF EXECUTIVE Viv Reynolds INDEPENDENT EXAMINER A Bradbury BANKERS HSBC
2
OBJECTIVES AND ACTIVITIES
The charity’s objectives are to undertake voluntary work in education, social services, and similar charitable activities amongst those classes in need thereof. In furtherance of these objectives the charity provides and maintains a Community Centre and services for the elderly and disabled.
The rooms in the Community Centre are available for hire by individuals and organisations in accordance with the standard hiring agreement and scale charges adopted for the year.
During the year, the Trustees have continued their efforts to maintain the Community Centre and establish policies to ensure the long-term viability of the Trust.
The Trustees have considered the Charity Commission’s guidance on public benefit, including the guidance ‘public benefit running a Charity (PB2)’
The financial statements comply with current statuary requirements, the Charity’s Memorandum and Articles of Association and the Statement of Recommeded Practice ‘Accounting and Reporting by Charities 2005’.
ACHIEVEMENTS AND PERFORMANCE APRIL 24-MARCH 25
During 2024-25 the trust continued to build and enhance the services that we offer to the elderly and disabled as well as the local community.
The Trust has many loyal clients who return to us week-on-week and we have been very successful in securing new clients who use our facilities on a regular basis.
The Tuesday Lunch club continues to be very successful, and we now have 25 regular clients although we still have a small waiting list, and our Charity Shop is thriving. We have 55 volunteers who generously give up their time to support us each week.
We have carried out some large refurbishment projects during the year which included a complete redecoration of the Charity Shop and replacing our old storage heater heating system in the Community Centre and Shop with a more energy efficient, cost-effective system.
THE FUTURE
The Trustees, Staff and Volunteers are 100% committed to maintaining and enhancing the vital services that they provide to the Community.
FINANCIAL REVIEW
Income for the year amounted to £111,224 (2024 £115,753). Expenditure for the year amounted to £112,453 (2024 £115,821). The Deficit for the year amounted to £1,229 (2024 Deficit £68).
The reserves policy of the Trust is that it should retain within the unrestricted fund - the equivalent of 12 months expenditure on that fund. Unrestricted expenditure in the year amounted to £87,263 (2024 £88,039). The unrestricted reserves as of 31 March 2025 were £111,401. (2024 £111,246)
A further transfer has been made to the major projects fund of £11,514. With the age of the building any issues are likely to be expensive to rectify.
3
TRUSTEES' RESPONSIBILITIES
Company law requires the trustees to prepare accounts for each financial period which give a true and fair view of the surplus or deficit of the charity for that period and of the state of affairs of the charity at the end of the period. In preparing those accounts, the trustees are required to:
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Select suitable accounting policies and then apply them consistently; Make judgments and estimates that are reasonable and prudent.
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State whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements.
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Prepare the financial statements on the going concern basis, unless it is inappropriate to presume that the company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are responsible for safeguarding the assets of the company, and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by the Board on 28 June 2025
D Dymott
4
St James Trust (Seaford) Trustees Report Year ended 31 March 2025
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF ST JAMES TRUST (SEAFORD)
I report on the accounts of the charitable company for the year ended 31 March 2024, which comprise the Statement of Financial Activities, the Statement of Financial Position, and the related notes.
Respective responsibilities of trustees and examiner
The Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is required.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
-examine the accounts under Section 145 of the 2011 Act.
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to follow the procedures laid down in the General Directions given by the Charity Commission under
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section145(5)(b) of the 2011 Act: and
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to state whether matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charitable company and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that, in any material respect, the requirements:
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to keep accounting records in accordance with 386 and 387 of the Companies Act 2006; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of section 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
have not been met, or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
A Bradbury Seaford East Sussex 14 July 2025
5
St James Trust (Seaford) Statement of Financial Activities for the year ended 31 March 2025
| Note INCOMING RESOURCES Charitable Activities 2 Donations, Grants & Legacies 3 Trading Activities 4 Investments RESOURCES EXPENDED Charitable Activities 5 Raising Funds 6 Net surplus / (deficit) for the year Fund Balance brought forward Funds Transfer Fund Balance Carried Forward 10 |
Unrestricted Fund Designated Fund Restricted Fund Total 2024 52,424 52,424 60,319 792 12,292 13,084 8,729 39,568 39,568 41,911 6,148 6,148 4,794 |
|---|---|
| 98,932 12,292 111,224 115,753 |
|
| 83,164 16,509 8,681 108,354 114,163 4,099 4,099 1,658 |
|
| 87,263 16,509 8,681 112,453 115,821 |
|
| 11,669 (4,217) (8,681) (1,229) (68) 111,246 146,522 20,655 278,423 278,491 (11,514) 11,514 |
|
| 111,401 153,819 11,974 277,194 278,423 |
6
St James Trust (Seaford) Statement of Financial Position As at 31 March 2025
| Note Fixed Tangible Assets 7 Current Assets Debtors and Prepayments 8 Cash at bark and in hand Total Current Assets Creditors falling due within one year 9 Net Current Assets Total Net Assets 10 |
Unrestricted Fund Designated Fund Restricted Fund Total 2024 - 97,327 3,604 100,931 105,711 8,364 8,364 9,831 106,282 56,492 8,370 171,144 167,098 |
|---|---|
| 114,646 56,492 8,370 179,508 176,929 |
|
| 3,245 3,245 4,217 - 111,401 56,492 8,370 176,263 172,712 |
|
| 111,401 153,819 11,974 277,194 278,423 |
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St James Trust (Seaford) Notes to the Financial Statements - Continued for the year ended 31 March 2025
| 2. Charitable Activities Rental Income Specialist activities 3. Donation, Grants & Legacies Donations Grants 4. Trading Activities Charity Shop 5. Costs of Charitable Activities Operating Day Centre Staff Costs (see note 11) Premises Office Expenditure Specialist Activities Miscellaneous 6. Fundraising Costs Professional Fundraiser Charity Shop |
2025 2024 48,944 56,753 3,480 3,566 |
|---|---|
| 52,424 60,319 |
|
| 792 4,647 12,292 4,082 |
|
| 13,084 8,729 |
|
| 39,568 41,911 |
|
| 63,824 60,071 31,235 42,078 4,933 5,118 6,683 5,455 1,679 1,441 |
|
| 108,354 114,163 |
|
| 2,078 2,021 1,658 |
|
| 4,099 1,658 |
** further analysis of 2024 figures shown at note 14
8
St James Trust (Seaford) Notes to the Financial Statements - continued for the year ended 31 March 2025
7. Tangible Fixed Assets
Designated Designated Restricted
| Freehold Land Fixtures & Fittings Fixtures & Fittings Total At Cost As at 1 April 2024 172,464 2,912 58,520 233,896 172,464 2,912 58,520 233,896 DEPRECIATION As at 1 April 2024 72,076 2,394 53,715 128,185 Charge for the year 3,449 130 1,201 4,780 75,525 2,524 54,916 132,965 Net Book Value As at 31 March 2025 Restricted Fund 3,604 3,604 Designated Fund 96,939 388 97,327 96,939 388 3,604 100,931 As at 31 March 2024 Restricted Fund 4,805 4,805 Designated Fund 100,388 518 100,906 100,388 518 4,805 105,711 8. Debtors & Prepayments 2025 2024 Prepayments and accrued income 4,628 2,488 Debtors 3,736 7,343 8,364 9,831 9. Creditors 2025 2024 Accruals and deferred Income 3,245 4,217 |
Freehold Land Fixtures & Fittings Fixtures & Fittings Total 172,464 2,912 58,520 233,896 |
Freehold Land Fixtures & Fittings Fixtures & Fittings Total 172,464 2,912 58,520 233,896 |
|---|---|---|
| 172,464 | 2,912 58,520 233,896 |
|
| 72,076 3,449 |
2,394 53,715 128,185 130 1,201 4,780 |
|
| 75,525 | 2,524 54,916 132,965 |
|
| 96,939 | 3,604 3,604 388 97,327 |
|
| 96,939 | 388 3,604 100,931 |
|
| 100,388 | 4,805 4,805 518 100,906 |
|
| 100,388 | 518 4,805 105,711 |
|
| 2025 2024 4,628 2,488 3,736 7,343 8,364 9,831 2025 2024 3,245 4,217 |
9
St James Trust (Seaford) Notes to the Financial Statements - continued for the year ended 31 March 2025
| 10. Movement in Funds As at 31 March 24 Incoming Resources Outgoing resources Transfers As at 31 March 2025 General Funds 111,246 98,932 87,263 (11,514) 111,401 Designated Fund Fixed Asset Reserves 100,906 3,579 97,327 Major projects Fund 40,000 7,500 9,014 11,514 50,000 Transport Fund 5,616 4,792 3,916 6,492 146,522 12,292 16,509 11,514 153,819 Restricted Funds Fixed Asset Reserve 4,805 1,201 3,604 Computer & TV 8,370 8,370 Outreach Projects 7,480 7,480 20,655 8,681 11,974 TOTAL FUNDS 278,423 111,224 112,453 277,194 11. Staffing Costs 2025 2024 Total Staff costs for the year were Salaries and Wages 61,600 58,593 Social Security Costs & Pensions 2,224 1,478 63,824 60,071 Average Number of Employees in the year 3 3 No employee emoluments exceeded £60,000 for the year |
As at 31 March 24 Incoming Resources Outgoing resources Transfers As at 31 March 2025 111,246 98,932 87,263 (11,514) 111,401 |
As at 31 March 24 Incoming Resources Outgoing resources Transfers As at 31 March 2025 111,246 98,932 87,263 (11,514) 111,401 |
|---|---|---|
| 100,906 40,000 5,616 |
3,579 97,327 7,500 9,014 11,514 50,000 4,792 3,916 6,492 |
|
| 146,522 | 12,292 16,509 11,514 153,819 |
|
| 4,805 8,370 7,480 |
1,201 3,604 8,370 7,480 |
|
| 20,655 | 8,681 11,974 |
|
| 278,423 | 111,224 112,453 277,194 |
12. Trustee renumeration and related party transactions
During the year no trustee received renumeration (2024 nil) Trustees did not receive reimbursement of any expenses (2024 Nil)
The Directors have declared there were no related party transactions in the year
13. Company Limited by Guarantee
St James Trust (Seaford) is a company limited by guarantee and accordingly does not have a share capital
10
St James Trust (Seaford)
Notes to the Financial Statements - continued for the year ended 31 March 2025
Note 14 - Detailed analysis
| Rental Income Room Hire Office Rent Specialist activities Lunch Club Grants Received Designated Seaford Town Council re Transport Lottery Premises Depreciation Repairs & renewals Energy Insurances Security Expenses Cleaning Water & Sewerage Waste Collection Office Expenditure Telephone & Internet & Support Office Supplies Software Printing |
Income 44,544 4,400 |
Expenditure 6,683 |
|---|---|---|
| 48,944 | ||
| 3,480 | ||
| 3,480 | 6,683 | |
| 2,400 9,892 |
4,780 12,858 3,967 4,043 440 1,774 1,060 2,313 |
|
| 12,292 | ||
| 31,235 | ||
| 3,712 617 576 28 |
||
| 4,933 |
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