SKEGNESS SPORTS ASSOCIATION LIMITED
IA company limited by guarantee)
Registered Number.. 07321672
Charity Number.. 1138838
SKEGNESS SPORTS ASSOCIATION LIMITED
IA company limited by Euaranteel
TRUSTEES REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2022
Page I

SKEGNE5S SPORTS ASSOCIATION LIMITED
IA company limited by guarantee)
CONTENTS
PAGE
REFERENCE AND ADMINISTRATIVE DETAILS
TRUSTEES REPORT
4-5
INDEPENDENT EXAMINERS REPORT
STATEMENT OF FINANCIAL ACTIVITIES
BALANCE SHEET
NOTES TO THE FINANCIAL STATEMENTS
9-12
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SKEGNESS SPORTSASSOCIATION LIMITED
{A company15mlted by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS
Trustees
Andrew Hill, Director
Aeneas Richardson, Director
Stephen Russell Kirk, Directof
Simon Antony Stevenson, Director
Allan Grayi Director
Jamie Matthew Whittam, Director
Secretary
None
Company Registered No.
07321672
Charlty Reglstered No.
1138838
Registered Office
The Pavilion
Wainfleet Road
Skegness
Lincolnshire
PE25 2EL
Bankers
Barclays Bank plc
Leicester
LN87 2BB
Accountant
Public Sector Partnership Services Ltd
Tedder Hall
Manby Park
Louth
Lincolnshire
LNII 8UP
Page 3

SKEGNESS SPORTS ASSOCIATION LIMITED
{A company limited by guarantee)
TRUSTEES REPORT
FOR THE YEAR ENDED 31 JULY 2022
5kegne55 Sports Association was incorporated in 2010 with the objectives of providing facilities for
sport, recreation or other leisure time occupation in the interests of Social welfare with the object of
impToving the conditlDns of life and promoting the physical and social development of the people of
Skegness and surrounding areas regardless of race, gender, disability, sexual orientation, level of
proficiency or age.
Objectives and Activities
The aims of Skegness Sports Association are to provide facilities for sport, recreation or other leisure
time occupation in the interests of social welfare.
The main activities undertaken to achieve these objectives are football and rugby union outdoors
and a range of indoor activities ranging from alternative education for young people, chLJrch groups,
yoga/pilates and a popular venue for social parties, events, meetings and community gatherings.
Many groups have made the facilities their home which gives them stability and the ability to plan
sustainably for the future.
Skegness Sports Association's facilities are located on Wainfleet Road, Skegness PE25 2EL and are
approximately half a mile from Skegness town centre on the A52.
Achievements and Performance
Skegness Sports Association hires football and rugby pitches to local clubs, organisations and the
local comtnunity mainly for training, matches and some 5POrting events. The venue and staff have
worked hard to positively recover from the effect of COVID and re-establish healthy revenue streams
and working relationships with a number of local sporting organisations.
2022 marked the first year in the last three where the site wasn't affected by COVID in financial year.
Recovery on income generation appears healthy. Operating expenditure costs have increased and
are expected to continue to do soon regards utilities, staff salaries, insurance and pitch and building
maintenance cost lines. The most notable cost increase is in relation to sports pitch maintenance
which includes the 3G all-weather facility as well as natural grass playing pitches.
The slte experienced some workforce changes in April 2022. A long-established Site Supervisor
resigned but remains on the payroll of the organi5ation. A new Site Supervisor and Attendant were
appointed in March/April 2022. Both employees have settled in well to their new roles and
established a Small but close-knit team.
Structure, Governance and Management
Skegness Sports Association is governed by its Memorandum and Articles of Association and the
charity is registered as 'Skegnes5 Sports Association Limited" The charity number is 1138838 and
the limited company number is 7321672.
The registered office address is Skegness Sports Association, Playing Fields, Wainfleet Road,
Skegness PE25 2EL.
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SKEGNE55 SPORTS ASSOCIATION LIMITED
IA company limited by guarantee)
The registered contact for the charity is Mr. B. C Shaw, The Pavilion, Wainfleet Road, Skegness PE25
2EL.
The names of all those who were the charity's trustees on the date the report was approved or who
served as a trustee in the reporting period were-
Mr Aeneas Richardson
Mr Andrew Hill
Mr Simon Stevenson
Mr Stephen Kirk
MrAllanGrav
Mr Jamie Whittam
Please see below the methods used to appoint Trustees to Skegness Sports Association,.
Trustees
Each member shall nominate two persons to act as trustees of the Company. One of the
trustees nominated by East Lindsey District Council shall be Chairman of the trustees at any
given time.
The number of trustee5 of the Company shall not be less than three but (unless otherwise
determined by ordinary resolution) shall not be subject to any maximum.
Every trustee must sign a declaration of willingness to act as a charlty trustee of the Company
before he or she is eligible to vote at any meeting of the trustees.
Flnancial Review
During the year total income was £92.461 including £15,000 donated income arising from the
deemed rental cost of the premises a Wainfleet Road. Total Expenditure was £90,035 again
including the deemed rental cost of £15,000. The surplus for the year was £2,426,
The total funds held by Skegness Sports Assoclation at 31st July 2021 was £114,279.
In accordance with Company law, as the company's directors, we certify that:
So far as we are aware there is no relevant information of which the company's independent
examiner is unaware; and
A5 the Directors of the company, we have taken all the steps that we ought to have taken in
order to make ourselves aware of any relevant information and to establish that the
company's independent examiner is aware of that information.
Approve
by the Board on 15, December 2022 and signed on its behalf by..
Aeneas Richardso
Trustee
Page S

SKEGNESS SPORTS ASSOCIATION LIMITED
IA company Ilmited by guarantee)
INDEPENDENT EXAMINER'S REPORTTOTHE TRUSTEES OF
SKEGNESS SPORTS ASSOCIATION LTD
I report on the accounts of the company for the year ended 31 July 2022, which are set out on pages
7tol2.
Respective responslbllltles of trustees and examiner
The trustees (who are also the directors of the company for the purposes of company lawl are
responsible *or the preparation of the accounts. The trustees consider that an audit is not required
for this year under section 144121 of the Charities Act 2011 and that an independent examination is
needed.
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 Dlrections given by the Charity
Commission under section 1451Sllbl of the 2011 Act
to state whether particular 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 3CCOLJnting records kept by the charity and
comparison of the accounts presented with those records. It also includes consideration of any
unusual items or di5cIosures 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 next statement.
Independent examiner's statement
In connection with my examination, no matter has come to my attention..
iii
which gives me reasonable cause to believe that in any material respect the requirement5=
to keep accounting records in accordance with section 386 of the Companies Act 2006 and
to prepare accounts which accord with the accounting records, comply with the accounting
requirements of Section 396 of the Companies Act 2006 and with the methods and
principle5 of the Statement of Recommended Practice.. Accounting and Reporting by
Charities have not been met or
121
to which, in my opinion, attention should be drawn in order to enable a proper
understanding of the accounts to be reached
Steven Houchin CPFA
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SKEGNESS SPORTS ASSOCIATION LIMITED
IA company limited by guarantee)
Address'.~
South Holland D15trict Council, Priory Road, Spalding, Lincolnshire
Date..
21st November 2022
STATEMENT OF FINANCIALACTIVITIES
Ilncorporating income and expenditure account)
FOR THE YEAR ENDED 31 JULY 2022
NOTE UNRESTRICTED
FUNDS 2022
TOTAL FUNDS
2022
TOTAL FUNDS
2021
INCOME FROM:
Donations
Charitable activities
Total
15,000
77,461
92,461
15,000
77,461
92,461
15,000
73,121
88.121
EXPENDITURE ON:
Charitable activities-
Premises Costs
Salary costs
Other
Total
55,299
28,101
6,635
90,035
55,299
28,101
6,634
90,035
40,767
25,884
2,554
69,205
NET INCOMEIEXPENDITURE
2.426
2,426
18,916
NET MOVEMENT IN FUNDS
2,426
2,426
18,916
RECONCILIATION OF FUNDS:
Total funds brought forward
Total funds carrled forward
111,853
114,279
111,853
114,279
92,937
111,853
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SKEGNESS SPORTS ASSOCIATION LIMITED
IA company limited by guarantee)
BALANCE SHEET AS AT 31 JULY 2022
NOTE
TOTAL FUNDS 2022
TOTAL FUNDS 2021
CURRENT ASSETS..
Cash at bank and in hand
Cash at Building Society
Total current assets
29,800
81,140
110,940
61,815
50,868
112,683
LIABILITIES:
Creditors/debtors- Amounts
falling due within one year
Net current assets
3,339
114,279
18311
111,853
TOTAL NET ASSETS
114,279
111,853
THE FUNDS OF THE CHARITY:
Unrestricted funds
114,279
111,853
TOTAL CHARITY FUNDS
114.279
111,853
The fi
behalf
ancial statements were approved by the trustees on 15 December 2022 and signed on their
Aeneas Richardson
Trustee
The notes on pages 9-12 form part of these financial statements.
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SKEGNESS SPORTS ASSOCIATION LIMITED
{A company limited by guarantee)
NOTESTO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2022
I. ACCOUNTING POLICIES
1.1 Basis of preparatlon of financial statement5
The financial statements have been prepared under the historical cost convention. The
financial Statements have been prepared in accordance with the Statement of
Recommended Practlce ISORPI "Accounting and reporting by charities" effective l January
2015, applicable accounting standards and the Companies Act 2006.
1.2 Company status
The charity is a company limited by guarantee. The members of the company are the
Trustees named on page 3. In the event of the charity being wound up, the liability in
respect of the guarantee is limited to £10 per member of the charity.
1.3 Fund accountlng
General funds are unrestricted funds which are available for use at the discretion of the
Trustees in furtherance of the general objectives of Skegness Sports Association and which
have not been designated for other purposes. At 31 July 2022 all of Skegness Sports
Association's funds were unrestricted.
1.4 Incoming resources
All incoming resources are included in the Statement of financial activities when Skegness
Sports Association has entitlement to the funds, certainty of receipt and the amount can be
measured with sufficient reliability.
Donated Services are included in income at a valuation which is an estimate of the financial
cost borne by the donor where such cost is quantifiable and measurable.
Other income 15 recognised in the period in which it is receivable and to the extent the goods
have been provided or on completion of the service.
1.5 Resources expended
Expenditure is accounted for on an accruals basis.
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SKEGNESS SPORTS ASSOCIATION LIMITED
IA company limited by Euaranteel
2. Income from Donations
UNRESTRICTED
FUNDS 2022
TOTAL FUNDS 2022 TOTAL FUNDS 2021
Donated services
Total
15,000
15,000
15,000
15,000
15,000
15,000
Income of £15,000 has been recognised in the financial statements for donated services.
This relates to the deemed rental cost of the occupied property provided by East Lindsey
District Council.
3. Income from charitable actlvltles
UNRESTRICTED
FUNDS 2022
TOTAL FUNDS 2022 TOTAL FUNDS 2021
Indoor and pitch
hire
77,461
77,461
42,451
Grants
30,670
Total
77,461
73,121
4. Expenditure on charitable actlvltles
UNRESTRICTED
FUNDS 2022
TOTAL FUNDS 2022
TOTAL FUNDS 2021
Pitch maintenance
Cleaning & waste
disposal
Utilities & telephone
Building maintenance
Salary costs
Insurance
Deemed rental cost
Total
12,692
12,692
3,308
1,803
11,242
11,606
28,101
2,956
15,000
83,400
1,803
11,242
11,606
28,101
2,956
15,000
83,400
3,348
6,855
9,368
25,884
2,888
15,000
66,651
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SKEGNESS SPORTS ASSOCIATION LIMITED
IA company limited by guarantee)
5, Expendlture on other activities
UNRESTRicfED
FUNDS 2022
TOTAL FUNDS 2022 TOTAL FUNDS 2021
Accountancy
Total
6,635
6,635
6,635
6,635
2,554
2,554
6. Trustees remuneration
No trustee lor any person in connection with them) received any remuneration or expenses
during the year.
7. Creditors & Debtors
UNRESTRICTED
FUNDS 2022
TOTAL FUNDS 2022 TOTAL FUNDS 2021
Creditors
Debtors
Total
-1,169
4,508
3,339
-1,169
4,508
3,339
-831
-831
The creditor accruals as at 31 July 2022 mainly relate to telephone and accountancy costs.
Whilst the debtor accruals are income for pitch hire in July which has been paid into the
bank after 31" July 22.
8. Analysis of charltable funds
Analysis of movements in unrestricted funds
AT I AUGUST
2021
INCOMING
RESOURCES
RESOURCES
EXPENDED
AT31 JULY
2022
General Funds-
nrestricted
income fund
Total
111,853
92,461
90,035
114,279
111.853
92,461
90,035
114.279
Analysis of movements In unrestricted funds- previou5 year
AT I AUGUST
2020
INCOMING
RESOURCES
RESOURCES
EXPENDED
AT31JULY
2021
General Funds-
nrestricted
income fund
Total
92,937
88,121
169,2051
111,853
92,937
88,121
{69,2051
111.853
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SKEGNESS SPORTS ASSOCIATION LIMITED
IA company limited by guarantee)
9. Analysls of net assets by fund
UNRESTRICTED
FUNDS 2022
TOTAL FUNDS 2022 TOTAL FUNDS 2021
(ALL
UNRESTRICTED)
Current Assets
Creditors/Debtors'.
amounts falling due
within one year
Total
110,940
110,940
112,684
3,339
3,339
18311
111,853
114,279
114.279
10. Related party transaction
There were no related party transactions during the year.
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