CHARITY REGISTRATION NUMBER: 01171518
Selsey Pavilion Trust Charitable Incorporated Organisation
Financial Statements For The Year Ended 31 March 2021
Selsey Pavilion Trust CIO Trustees' Annual Report - Year Ended 31 March 2021
The trustees present their report and the financial statements of the Selsey Pavilion Trust (“the Charity”) for the year ended 31 March 2021.
Reference and administrative details
Charity registration number 01171518
Contact address Unit 11-12 Trident Business Park Selsey West Sussex PO20 9DY
Trustees
Chair (from 6 Sept 2020) Christian Skelton Vice-Chair (from 6 Sept 2020) Keith Batchelor Treasurer Gillian Walsh Secretary (from 6 Sept 2020) Rosie Neal Philip Bassett Gillian Plowman Professor Pamela Howard OBE
Selsey Pavilion Trust CIO Trustees' Annual Report - Year Ended 31 March 2021
Structure, governance and management
Charity Status and Structure: Selsey Pavilion Trust (“the Charity”) is a charitable incorporated organisation governed by its constitution registered with the Charity Commission in England and Wales on 7 February 2017. The trustees are the members of the Charity.
Recruitment, Appointment and Training of Trustees: Trustees are recruited from those who share the Charity's aims and aspirations and who bring a breadth and depth of experience and skills to the trustee body. Prior to appointment trustees are briefed on the Charity's activities and complete Fit and Proper Person forms and Declarations of Interests. Trustees are given appropriate training both to understand their responsibilities as trustees and to maintain their knowledge.
Risk Management: The trustees identify the major risks to which they believe the Charity is exposed and put in place systems to minimise those risks.
Governance: The overall responsibility for the Charity rests with the trustees who endeavour in all they do to apply the Charity Governance Code and the Nolan principles (selflessness, integrity, objectivity, accountability, openness, honesty and leadership). Furthermore believing that corruption, bribery and unfair actions hamper development and impede progress they insist on integrity in all aspects of the Charity's activities.
Objectives and activities The Charity's objects are:
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The provision and maintenance of Selsey Pavilion for the use of the inhabitants of Selsey without distinction of political, religious or other opinions including use for (a) meetings, lectures and classes and (b) other forms of recreation and leisure-time occupation, with the object of improving the conditions of life for the inhabitants.
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The promotion of art for the benefit of the public by assisting in and supporting the provision of arts activities.
Public benefit The trustees have paid due regard to the Charity Commission's guidance on public benefit.
Achievements and performance During the year the Charity continued discussions and plans for Selsey Pavilion but did not enter into any commitments.
Financial review During the year to 31 March 2021 the Charity received £48 income and incurred no expenditure (2020 no income and no expenditure).
Reserves policy The Charity has not yet set a reserves policy.
Pay policy and procedures The Charity has no employees and therefore has not set a pay policy. Trustees do not receive any payment or benefits for their work either as trustees or as volunteers.
Investment policy Funds not required for current needs may be invested in investments of any kind at the absolute discretion of the trustees.
Fundraising The Charity has begun limited fundraising activities via Amazon Smile and the sale of illustrated prints of the Selsey Pavilion.
Plans for future periods The Charity will continue planning for the future of Selsey Pavilion.
Trustees' responsibilities statement The trustees are responsible for preparing the trustees' report and the financial statements. They are also responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity. Further they are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees' annual report was approved on 10/01/2022 and signed on behalf of the trustees by:
Christian Skelton
Selsey Pavilion Trust CIO
Statement of Financial Activities
For the Year Ended 31 March 2021
| Unrestricted | Restricted | Total | 2020 | |
|---|---|---|---|---|
| funds | funds | funds | ||
| £ | £ | £ | £ | |
| Income | ||||
| Donations and grants | 13 | 0 | 13 | 0 |
| Charitable activities | 0 | 0 | 0 | 0 |
| Other income | 35 | 0 | 35 | 0 |
| ----------------------------------------- | -------------------------------- | ----------------------------------------- | ----------------------------------------- | |
| Total income | 48 | 0 | 48 | 0 |
| ================== | ============== | ================= | ================= | |
| Expenditure | ||||
| Raising funds | 0 | 0 | 0 | 0 |
| Expenditure on charitable activities | 0 | 0 | 0 | 0 |
| Other expenditure | 0 | 0 | 0 | 0 |
| ----------------------------------------- | -------------------------------- | ----------------------------------------- | ----------------------------------------- | |
| Total expenditure | 0 | 0 | 0 | 0 |
| ================= | ============== | ================== | ================= | |
| Net income/(expenditure) and net | ||||
| movement in funds | 48 | 0 | 48 | 0 |
| ================== | ============= | =============== | ================= | |
| Reconciliation of funds | ||||
| Total funds brought forward | 0 | 0 | 0 | 0 |
| ----------------------------------------- | -------------------------------- | ----------------------------------------- | ----------------------------------------- | |
| Total funds carried forward | 0 | 0 | 0 | 0 |
| ================= | ============= | ================= | ================ |
The statement of financial activities includes all gains and losses recognised in the year.
Selsey Pavilion Trust CIO
Balance Sheet
As at 31 March 2021
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Fixed assets | ||
| Tangible assets | 0 | 0 |
| Current assets | ||
| Stocks | 0 | 0 |
| Debtors | 0 | 0 |
| Cash at bank and in hand | 48 | 0 |
| ------------------------------ | -------------------------------- | |
| 48 | 0 | |
| Creditors: amounts falling due within one year | 0 | 0 |
| ----------------------------- | -------------------------------- | |
| Net current assets | 0 | 0 |
| ----------------------------- | ---------------------------------- | |
| Total assets less current liabilities | 0 | 0 |
| Creditors: amounts falling due after more than one year | 0 | 0 |
| ----------------------------------------- | ----------------------------------------- | |
| Net Assets | 0 | 0 |
| ================= | ================ | |
| Funds of the charity | ||
| Unrestricted funds | 48 | 0 |
| ----------------------------------------- | ----------------------------------------- | |
| Total charity funds | 48 ================= |
0 ================ |
These financial statements were approved by the trustees and authorised for issue on 10/01/22 and are signed on behalf of the trustees by:
Christian Skelton