**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|
1
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:
- Select suitable accounting policies and then apply them consistently; Make judgments and estimates that are reasonable and prudent.
- 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.
- 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.
- to follow the procedures laid down in the General Directions given by the Charity Commission under
- section145(5)(b) of the 2011 Act: and
- 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:
- (1) which gives me reasonable cause to believe that, in any material respect, the requirements:
- to keep accounting records in accordance with 386 and 387 of the Companies Act 2006; and
- 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**|
7
## **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**|
11