**Registered Charity No: 1171518**
## **SELSEY PAVILION TRUST**
(A Charitable Incorporated Organisation)
## **Annual Report and Financial Statements**
**for the year ended**
## **31 March 2025**
**SELSEY PAVILION TRUST**
(A Charitable Incorporated Organisation)
## **INDEX TO THE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
||**Page**|
|---|---|
|Charity Reference and Administrative Details|2|
|Trustees’ Annual Report
(incorporating Director’s Report)|3 – 6|
|Independent Examiners’ Report|7|
|Statement of Financial Activities
(incorporating Income & Expenditure Account)|8|
|Balance Sheet|9|
|Cashflow Statement|10|
|Notes to the Accounts|11 – 15|
|Detailed Income & Expenditure Account|16|
Page 1
**SELSEY PAVILION TRUST**
(A Charitable Incorporated Organisation)
## **TRUSTEE’S ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025**
|**Charity Name:**|Selsey Pavilion Trust||
|---|---|---|
|**Charity Registration Number:**|1171518||
|**Principal office address:**|Unit 11, Trident Business Park||
||Chichester Road||
||Selsey||
||West Sussex||
||PO20 9DY||
|**Trustees:**|Christian Skelton|Chair|
||Gillian Walsh|Treasurer|
||Philip Bassett||
||Rosemary Neal||
||Keith Batchelor||
||Gillian Plowman||
||Pamela Howard||
||Daniel Bowring|Appointed 27/07/2025|
||Allen Taylor|Appointed 27/07/2025|
||Mary Goldsmith|Resigned 11/06/2024|
|**Independent Examiner:**|Stephanie J Beeston-Clarke FCCA||
||Beeston-Clarke Accountants Ltd||
||_Chartered Certified Accountants_||
||92 Gladstone Street||
||Winsford||
||Cheshire||
||CW7 4AZ||
|**Bankers:**|Lloyds Bank||
||11 The Courtyard Trident Business|Park|
||Chichester Road||
||Selsey||
||PO20 9DY||
Page 2
**SELSEY PAVILION TRUST** (A Charitable Incorporated Organisation)
## **TRUSTEE’S ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025**
The trustees present their report and financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" (FRS102) in preparing the annual financial statements of the charity.
The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019 (second edition).
## **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 end 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:**
- 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.
- 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.
Page 3
**SELSEY PAVILION TRUST**
(A Charitable Incorporated Organisation)
## **TRUSTEE’S ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025**
## **ACHIEVEMENTS AND PERFORMANCE**
The focus of 2024–25 was delivering the first major phase of restoration works following the Trust’s purchase of the Pavilion freehold on 27th February 2024. Significant progress was made in making the building watertight, safe, and compliant with modern standards. The main roof was fully replaced with new insulation, both flat roofs were upgraded, and the façade and northern boundary walls were stripped for specialist repair. New bullseye windows were installed, and essential internal works were completed, including rewiring in the café and small hall, removal of rotten lintels, replacement lighting, and improvements to building access and safety.
Structural preparation also advanced, with engineers completing calculations and groundwork for a new steel frame to stabilise the building. Foundations for this framework were installed by March 2025, with fabrication underway.
Two National Lottery Heritage Fund funded projects progressed during the year: a community video project with Millstream Productions and students from The Academy Selsey, and the ‘Selsey Past & Present’ photobook created in partnership with the Selsey Photo Archive. These formed part of our 2023 Lottery Heritage Fund grant. Public engagement remained strong, supported by media coverage including BBC Radio Sussex, V2 Radio, and BBC1’s The Repair Shop, and open mornings welcomed more than 250 visitors.
## **Financial Review**
During the year, the Trust drew down the £35,000 Big Community Fund grant from Selsey Town Council and £27,373 in revenue funding from the Community Ownership Fund. A further claim for £49,500 in COF capital funding was accepted to support roof works.
Additional income included a £9,000 match-funding grant from the Woodger Trust and a £15,000 private donation, alongside ongoing drawdowns from the National Lottery Heritage Fund. The NLHF also confirmed release of its £60,000 contingency allocation. In November, the Julia Rausing Trust awarded £37,665 towards the small hall restoration. The Trust also received funding from the UK Shared Prosperity Fund via Chichester District Council, together with several smaller grants.
In addition, the Trust secured a £17,500 Architectural Heritage Fund grant for Phase Two project development, and support from Ferry Farm Community Solar for insulation materials for the small hall. Some applications during the year were unsuccessful, reflecting the competitive funding landscape.
Unrestricted reserves at 31[st] March 2025 were in a surplus of £665,896 (2024: £425,096). Of this £667,945 (2024: £441,818) are in capital funds which leaves year end unrestricted ‘free’ reserves in a deficit of £2,049 (2024: £16,723). Restricted reserves were at a surplus of £37,654 (2024: £61,064).
## **Fundraising**
Fundraising during the year supported ongoing restoration and heritage activities. Key priorities included developing bids for capital works, and maintaining engagement with charitable trusts, local partners, and individual donors. Public awareness campaigns and national media exposure contributed to a growth in subscribers, volunteers, and local support.
Page 4
**SELSEY PAVILION TRUST**
(A Charitable Incorporated Organisation)
## **TRUSTEE’S ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025**
## **Reserves policy**
Selsey Pavilion Trust have developed a reserve policy taking into consideration the following:
- A minimum level of reserves that would allow the Charity to close down in a controlled and responsible way;
- A level that would keep the mission-critical work on the road;
- The level required to support the strategic plan effectively;
- As a general rule it is assumed that recommended reserves of between six and twelve months’ running costs should be maintained.
To this end the Selsey Pavilion Trust will maintain a reserve level of £1,000.
At 31 March 2025, unrestricted ‘free’ reserves were in a deficit position. This reflects the timing of capital expenditure and grant drawdowns associated with the Pavilion’s restoration, where expenditure is incurred in advance of reimbursement through restricted and capital funding streams.
The Trustees actively monitor cash flow and reserves and are managing this position through the continued drawdown of awarded grants, ongoing fundraising activity, and careful control of operational costs. The Trustees expect unrestricted free reserves to return to a positive position as remaining grant income is received and the current phase of works is completed.
## **Plans for Future Periods**
In 2025–26, the Trust will focus on completing the current phase of essential works, including installation of the new steel frame, fire safety upgrades, and laying an insulated floating floor, to enable limited public access. Meynell Hayes Architects will begin developing updated plans for the café and balcony areas as part of Phase Two design work.
The Trust will continue to seek funding for capital works, accessibility improvements, and the completion of small-hall refurbishment, with the aim of opening the Pavilion for a limited season in 2026.
Page 5
**SELSEY PAVILION TRUST** (A Charitable Incorporated Organisation)
## **TRUSTEE’S ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025**
## **TRUSTEES’ RESPONSIBILITIES STATEMENT**
The Trustees are responsible for preparing the Trustees' Report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period.
In preparing those financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP 2019 (FRS 102);
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards 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 operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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.
Approved by the Trustees on 26[th] January 2026 and signed on its behalf by:
Christian Skelton (Jan 26, 2026 16:48:28 GMT)
_______________________ Christian Skelton Chair of Trustees
Page 6
**SELSEY PAVILION TRUST**
(A Charitable Incorporated Organisation)
## **INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31 MARCH 2025**
We report the trustees on our examination of the accounts of Selsey Pavilion Trust (the Charity) for the year ended 31 March 2025 which are set out on pages 8 to 16.
## **Responsibilities and basis of report**
As the Charity trustees you are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Charity’s accounts as required under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent Examiner’s Statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or
2. that accounts do not accord with those records; or
3. that accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than the requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Stephanie J Beeston-Clarke FCCA Beeston-Clarke Accountants Ltd _Chartered Certified Accountants_ 92 Gladstone Street Winsford Cheshire CW7 4AZ
Dated: 26[th] January 2026
Page 7
## **SELSEY PAVILION TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES 31 MARCH 2025**
|**Income**
2
Charitable activities
3
Investment income
4
**_Total Incoming Resources_**
**Expenditure**
Charitable activities
5
**_Total Expenditure_**
**Reconciliation of Funds**
Total funds brought forward at
31 March 2024
Total funds carried forward at
31 March 2025
**Transfers**
**Net movements in funds**
**Note**
**Net income/(expenditure)**
**before transfers**
Donations & legacies
Transfers between funds
(Capital Expenditure)|**Note**|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**2025**
**2025**
**2025**
**£**
**£**
**£**
**22,892**
**229,100**
**251,992**
**7,847**
**-**
**7,847**
**533**
**-**
**533**|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**2025**
**2025**
**2025**
**£**
**£**
**£**
**22,892**
**229,100**
**251,992**
**7,847**
**-**
**7,847**
**533**
**-**
**533**|
_Unrestricted_
_Funds_
_Restricted_
_Funds_
_Total_
_Funds_
_2024_
_2024_
_2024_
_£_
_£_
_£_
_941_
_508,384_
_509,325_
_1,158_
_-_
_1,158_
_1,267_
_-_
_1,267_|
_Unrestricted_
_Funds_
_Restricted_
_Funds_
_Total_
_Funds_
_2024_
_2024_
_2024_
_£_
_£_
_£_
_941_
_508,384_
_509,325_
_1,158_
_-_
_1,158_
_1,267_
_-_
_1,267_|
|---|---|---|---|---|---|
||||**31,272**
**229,100**
**260,372**||_3,366_
_508,384_
_511,749_|
||||**15,317**
**27,665**
**42,982**||_18,742_
_6,254_
_24,996_|
||||**15,317**
**27,665**
**42,982**||_18,742_
_6,254_
_24,996_|
||||**15,955**
**201,435**
**217,390**||_(15,377)_
_502,130_
_486,753_|
||||**224,845**
**(224,845)**
**-**||_443,046_
_(443,046)_
_-_|
||||**240,800**
**(23,410)**
**217,390**
**425,096**
**61,064**
**486,160**||_427,669_
_59,084_
_486,753_
_(2,573)_
_1,980_
_(593)_|
||||**665,896**
**37,654**
**703,550**||_425,096_
_61,064_
_486,160_|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities.
The notes on pages 11 to 16 form part of these financial statements
Page 8
**SELSEY PAVILION TRUST**
## **BALANCE SHEET 31 MARCH 2025**
|**Note**
**£**
**£**
**Fixed Assets**
Tangible Assets
8
**667,945**
**Current Assets**
Stocks
**1,008**
Debtors
9
**14,579**
Cash at bank and in hand
**22,411**
**37,998**
**Creditors - amounts falling due**
**within one year**
10
**2,393**
**NET CURRENT ASSETS**
**35,605**
**NET ASSETS**
**703,550**
**THE FUNDS OF THE CHARITY:**
**Restricted Funds**
15
**37,654**
**Unrestricted Funds**
- Capital Fund
8
**667,945**
- General Fund
16
**(2,049)**
**TOTAL CHARITY FUNDS**
16
**703,550**
The accounts were approved by the Trustees on 26th January 2026
and were signed on their behalf by :
**2025**|**£**
**£**
**2025**|**£**
**£**
**2025**|**_£_**
**_£_**
_2024_|**_£_**
**_£_**
_2024_|
|---|---|---|---|---|
||**1,008**
**14,579**
**22,411**|**667,945**
**35,605**|_-_
_13,472_
_32,775_|_441,818_
_44,342_|
||**37,998**
**2,393**||_46,247_
_1,905_||
||**37,654**
**667,945**
**(2,049)**||_61,064_
_441,818_
_(16,723)_||
|||**703,550**||_486,160_|
||||||
||||||
|||**703,550**||_486,160_|
||||||
## Christian Skelton (Jan 26, 2026 16:48:28 GMT)
## **Mr C Skelton**
## **Dated**
The notes on pages 11 to 16 form part of these financial statements
Page 9
## **SELSEY PAVILION TRUST**
## **CASHFLOW STATEMENT 31 MARCH 2025**
|**Cash flows from operating activities**
Net movement in funds for the year
Interest received
Depreciation
(Increase)/decrease in debtors
Increase/(decrease) in creditors
**Net cash provided by/(used in)**
**operating activities**
**Cash flow from investing activities**
Purchase of fixed assets
Interest received
**Net cash used in Investing Activities**
**Net increase/(decrease) in cash**
**and cash equivalents**
**Cash and cash equivalents**
**at 1 April 2024**
**Cash and cash equivalents**
**at 31 March 2025**
**_Cash and cash equivalents consists of:_**
Cash at bank and in hand|**£**
**£**
**2025**|**£**
**£**
**2025**|_£_
_£_
_2024_|_£_
_£_
_2024_|
|---|---|---|---|---|
||**217,390**
**533**
**8,894**
**(1,107)**
**488**|**226,198**|_486,753_
_(1,267)_
_3,087_
_(13,427)_
_1,247_|_476,393_|
||**(235,021)**
**(533)**||_(444,905)_
_1,267_||
|||**(235,554)**||_(443,638)_|
||||||
|||**(9,356)**
**32,775**||_32,755_
_20_|
|||**23,419**||_32,775_|
|||**22,411**||_32,775_|
The notes on pages 11 to 15 form part of these financial statements
Page 10
**SELSEY PAVILION TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025**
## **1. ACCOUNTING POLICIES**
## _**Basis of Preparation**_
The charity constitutes a public benefit entity as defined by FRS102. The financial statements have been prepared under the historical cost convention and in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019 (Charities SORP FRS102), the Charities Act 2011 and UK Generally Accepted Accounting Practice. The financial statements are prepared on a going concern basis under the historical cost convention (see note 15), and are presented in sterling. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
## _**Fixed Assets**_
Fixed assets are stated at cost less depreciation. Depreciation is calculated to write down the cost or valuation of tangible fixed assets to their estimated residual values over their estimated useful lives at the following annual rates :
## **Land & Buildings**
2% of cost
The charity have opted to depreciate the building using the cost model. It is estimated to have a useful life of 50 year and based on professional guidance the residual value is estimated to be £300,000.
**Building Improvements - Structural** 2% of cost **Building Improvements - Fixtures & Fittings** 10% of cost **Plant & Machinery** 10% of cost **Equipment** 10% of cost
## _**Income recognition**_
All income is recognised once the charity has legal entitlement to the income, when there is sufficient certainty of receipt and the amount of income receivable can be measured reliably.
Donations are recognised upon receipt and classified at that point as either unrestricted or restricted if the donation is for a specific purpose. No amounts are included in the financial statements for services donated by volunteers.
Interest on funds held on deposit is included upon notification of the interest paid or payable by the Bank.
## _**Expenditure recognition**_
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
Expenditure is accounted for on an accruals basis and has been listed under headings that aggregate all the costs related to that activity, including support and governance costs. Where costs cannot be directly attributed they have been allocated to activities on a basis consistent with the use of resources.
Charitable activity expenditure are those costs incurred in attracting voluntary income, and include expenditure directly associated with individual projects and support costs relating to those activities.
Page 11
**SELSEY PAVILION TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025**
## **1. ACCOUNTING POLICIES** (continued)
## _**Restricted Funds**_
Restricted funds are accounted for in accordance with the particular terms of trust arising from the express or implied wishes of donors in so far as these are intended to be binding on the Trustees.
## _**Designated Funds**_
Unrestricted funds that have been designated for specific future expenditure by the Trustees.
## _**General Fund**_
Free reserves that are those available for the general purposes of the charity, after deduction of restricted funds, designated funds, and the Capital Fund.
|**Donations & Legacies**
Donations
Grants
**Total**
_2024 analysis_
**Income from Charitable Activities**
Sales
Rent Received
**Total**
_2024 analysis_
**Investment Income**
Bank Interest Receivable
**Total**
_2024 analysis_|_2024_
**2025**|
|---|---|
||**Unrestricted**
**Restricted**
**Total**
_Total_
**£**
**£**
**£**
_£_
**22,892**
**1,000**
**23,892**
_941_
**-**
**228,100**
**228,100**
_508,384_|
||**22,892**
**229,100**
**251,992**
_509,325_|
||_941_
_508,384_
_509,325_
_2024_
**2025**|
||**Unrestricted**
**Restricted**
**Total**
_Total_
**£**
**£**
**£**
_£_
**580**
**-**
**580**
_271_
**7,267**
**-**
**7,267**
_887_|
||**7,847**
**-**
**7,847**
_1,158_|
||_1,158_
_-_
_1,158_
_2024_
**2025**|
||**Unrestricted**
**Restricted**
**Total**
_Total_
**£**
**£**
**£**
_£_
**533**
**-**
**533**
_1,267_|
||**533**
**-**
**533**
_1,267_|
||_1,267_
_-_
_1,267_|
## **2. Donations & Legacies**
## **3. Income from Charitable Activities**
## **4. Investment Income**
Page 12
**SELSEY PAVILION TRUST**
**NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025**
|**5. Charitable Activities**
a) **Analysis of expenditure on**
**Unrestricted**
**Restricted**
**Charitable activities**
**£**
**£**
Cost of Goods Sold
**800**
**265**
Advertising & Website
**145**
**14,055**
Property Expenses
**524**
**5,336**
Office Costs
**221**
**80**
Bank Fees
**-**
**28**
Bookkeeping
**-**
**897**
Consultant Fees
**-**
**-**
Insurance
**2,728**
**4,935**
IT Costs
**265**
**156**
Equipment
**817**
**-**
Training
**88**
**52**
Subscriptions
**463**
**110**
Travel & Subsistence
**258**
**152**
General Expenses
**-**
**-**
Depreciation
**8,894**
**-**
**Total**
**15,204**
**26,065**
_2024 analysis_
_17,342_
_6,254_
b) **Analysis of governance**
Independent Examiner's Fees
Other Legal Fees
**Total**
**6. Net Income/(Expenditure)**
Net income/(expenditure) for the year is stated after charging:
Independent Examiner's Fees
Depreciation
**2025**|**2025**||_2024_|
|---|---|---|---|
||**Unrestricted**
**Restricted**
**£**
**£**
**800**
**265**
**145**
**14,055**
**524**
**5,336**
**221**
**80**
**-**
**28**
**-**
**897**
**-**
**-**
**2,728**
**4,935**
**265**
**156**
**817**
**-**
**88**
**52**
**463**
**110**
**258**
**152**
**-**
**-**
**8,894**
**-**|**Total**
**£**
**1,065**
**14,200**
**5,860**
**301**
**28**
**897**
**-**
**7,663**
**421**
**817**
**140**
**573**
**410**
**-**
**8,894**|_Total_
_£_
_141_
_1,182_
_280_
_69_
_10_
_267_
_16,172_
_614_
_426_
_578_
_-_
_227_
_117_
_427_
_3,087_|
||**15,204**
**26,065**|**41,269**|_23,596_|
|||**2025**|_23,596_
_2024_|
|||**£**
**1,600**
**113**|_£_
_1,400_
_-_|
|||**1,600**|_1,400_|
|||**2025**|_2024_|
|||**£**
**1,600**
**8,894**|_£_
_1,400_
_3,087_|
## **7. Staff Costs**
No staff were employed by the charity in 2025 or 2024.
Page 13
**SELSEY PAVILION TRUST**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025**
|**Tangible Fixed**
**Assets**
**_Cost or Valuation :_**
As at 1 April 2024
Additions
Disposals
As at 31 March 2025
**_Depreciation :_**
As at 1 April 2024
Charge for year
Disposals
As at 31 March 2025
**_Net book value :_**
As at 1 April 2024
**As at 31 March 2025**|**Land &**
**Buildings**|**Building**
**Improvements**
**Structural**|**Building**
**Improvements**
**Fixtures**|**Plant &**
**Machinery**|**Equipment**|**Total**|
|---|---|---|---|---|---|---|
||**£**
413,200
-
-|**£**
29,343
221,189
-|**£**
-
5,192|**£**
-
2,020|**£**
2,363
6,620
-|**£**
444,906
235,021
-|
||413,200|250,531|5,192|2,020|8,983|679,927|
||2,264
2,264
-|587
5,011
-|-
519|-
202|236
898
-|3,087
8,894
-|
||4,528|5,597|519|202|1,135|11,981|
||410,936|28,756|-|-|2,127|441,818|
||**408,672**|**244,934**|**4,673**|**1,818**|**7,849**|**667,945**|
## **8. Tangible Fixed**
All material assets are held for the Charity's own use. The purchase of the building was funded by grants.
## **9. Debtors**
|**Debtors**
Debtors & Prepayments
VAT refund
**Creditors : Amounts falling due within one year**
Trade creditors
Other creditors
Accrued expenses|**2025**|_2024_|
|---|---|---|
||**£**
6,242
8,337|**_£_**
_5,939_
_7,533_|
||14,579|_13,472_|
||**2025**|_2024_|
||**£**
737
49
1,607|**_£_**
_493_
_12_
_1,400_|
||2,393|_1,905_|
## **10. Creditors : Amounts falling due within one year**
## **11. Capital Commitments & Post Balance Sheet Events**
There were no capital commitments at 31 March 2025 or 31 March 2024.
## **12. Related Party Transactions**
Payments of £nil were made to Ascender Design Ltd, of which trustee Christian Skelton is a Director, for goods sold (2024: £60). Income was received of £25 from Ascender Design Ltd for sales (2024: £nil)
Donations of £50 were received in the year from trustees' related parties (2024: £nil)
## **Trustee Remuneration:**
No Trustee or related party received any remuneration in respect of the years ended 31 March 2025 and 31 March 2024.
## **Reimbursed Expenses:**
No trustees were reimbursed any expenses during the year (2024: £nil)
Page 14
**SELSEY PAVILION TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025**
## **13. Going Concern**
The Trustees have assessed the risk to the Charity in relation to going concern. At the time of approving the financial statements, the Trustees have a reasonable expectation that the CIO has adequate resources to continue in operational existence for the foreseeable future, thus the going concern basis continues to remain appropriate.
## **14. Analysis of Net Assets Between Funds**
|**Restricted funds**
- Restricted funds
**Unrestricted funds**
- Capital funds
- General funds
**At 31 March 2025**
**15. Restricted Funds Movement**
**Analysis**
Architectural Heritage Fund
Swire Charitable Trust
Department for Levelling Up, Housing &
Communities
Department for Levelling Up, Housing &
Communities
Selsey Town Council
Julia Rausling Trust
National Lottery Heritage Fund
UK Shared Prosperity Fund
Glenister Woodger Trust
Ferry Farm Grant
John & Ruth Howard Charitable Trust
Ian Askew Charitable Trust|**Note**
15
8
**At**
**31/03/2024**|**Fixed Assets**|**Investments**|**Net Current**
**Assets/**
**Liabilities**|**Total**|
|---|---|---|---|---|---|
|||-
679,927
-|-
-
-|37,654
(11,981)
(2,049)|37,654
667,945
(2,049)|
|||**679,927**|**-**|**23,624**|**703,550**|
|||**Income**|**Expenditure**|**Transfers**|**At**
**31/03/2025**|
||1,841
24,000
-
223
35,000
-
-
-
-
-
-
-|-
-
71,436
6,328
-
37,665
94,811
5,000
9,000
2,360
1,500
1,000|-
-
740
5,183
950
936
11,918
-
7,938
-
-
-|(1,841)
(14,635)
(70,509)
(1,368)
(20,398)
(36,729)
(74,365)
(5,000)
-
-
-
-|-
9,365
187
-
13,652
-
8,528
-
1,062
2,360
1,500
1,000|
||61,064|229,100|27,665|(224,845)|37,654|
Architectural Heritage Fund provided a project development grant to assist with the purchase of Selsey Pavilion.
Swire Charitable Trust awarded £24k to be used for refurbishment costs at Sesley Pavilion. Department for Levelling Up, Housing & Communities provided Community Ownership Grants for refurbishment costs of the Pavilion
Selsey Town Council - grant awarded for building renovations.
Julia Rausling Trust - to be spent on structural upgrades.
National Lottery Heritage Fund - grant awarded for building renovations.
UK Shared Prosperity Fund (via Chichester District Council) - this grant was provided as a contribution towards the costs of refurbishing the Bullseye Window at the Pavilion
Glenister Woodger Trust - grant provided for a film project.
Ferry Farm Grant - provided for refurbishments cost of the hall.
John & Ruth Howard Charitable Trust - a contribution towards the painting of the façade of the building Ian Askew Charitable Trust donated £1,000 towards the restoration of vintage posters
## **16. Unrestricted Funds Movement Analysis**
|General Funds|**At**
**31/03/2024**|**Income**|**Expenditure**|**Transfers**|**At**
**31/03/2025**|
|---|---|---|---|---|---|
||425,096|31,272|15,317|224,845|665,896|
||425,096|31,272|15,317|224,845|665,896|
Page 15
## **SELSEY PAVILION TRUST**
## **INCOME & EXPENDITURE 31 MARCH 2025**
|**Income**
Donations & Legacies
Donations
Grants
Income from Charitable Activities
Sales
Rent Received
Investment Income
Bank Interest Receivable
**_Total Income_**
**Expenditure**
Charitable Activities Expenditure
Cost of Goods Sold
Website
Property Expenses
Advertising & Marketing
Admin Support
Bank Fees
Bookkeeping
Consultants Fees
Postage
Insurance
Printing & Stationery
IT Software and Consumables
Equipment
Training
Subscriptions
Telephone & Internet
Travel & Subsistence
General Expenses
Depreciation
Governance
Independent Examiner's Fees
Other legal costs
**_Total Expenditure_**
Net Income/(Deficit) for the year
**17.**|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**2025**
**2025**
**2025**
**£**
**£**
**£**
22,892
1,000
23,892
-
228,100
228,100|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**2025**
**2025**
**2025**
**£**
**£**
**£**
22,892
1,000
23,892
-
228,100
228,100|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**2025**
**2025**
**2025**
**£**
**£**
**£**
22,892
1,000
23,892
-
228,100
228,100|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**2025**
**2025**
**2025**
**£**
**£**
**£**
22,892
1,000
23,892
-
228,100
228,100|_Unrestricted_
_Funds_
_Restricted_
_Funds_
_2024_
_2024_
_£_
_£_
_941_
_-_
_-_
_508,384_|_Unrestricted_
_Funds_
_Restricted_
_Funds_
_2024_
_2024_
_£_
_£_
_941_
_-_
_-_
_508,384_|_Unrestricted_
_Funds_
_Restricted_
_Funds_
_2024_
_2024_
_£_
_£_
_941_
_-_
_-_
_508,384_|_Total_
_Funds_
_2024_
_£_
_941_
_508,384_|
|---|---|---|---|---|---|---|---|---|
|||22,892|229,100|251,992||_941_|_508,384_|_509,325_|
|||580
7,267|-
-|580
7,267||_271_
_887_|_-_
_-_|_271_
_887_|
|||7,847|-|7,847||_1,158_|_-_|_1,158_|
|||533|-|533||_1,267_|_-_|_1,267_|
|||533|-|533||_1,267_|_-_|_1,267_|
||||||||||
|||**31,272**|**229,100**|**260,372**||_3,366_
_508,384_
_511,749_|||
|||800
145
524
-
-
-
-
-
42
2,728
179
59
817
88
463
206
258
-
8,894|265
85
5,336
13,970
40
28
897
-
-
4,935
40
35
-
52
110
121
152
-
-|1,065
230
5,860
13,970
40
28
897
-
42
7,663
219
94
817
140
573
327
410
-
8,894||_141_
_-_
_141_
_2_
_62_
_64_
_-_
_280_
_280_
_10_
_1,108_
_1,118_
_-_
_-_
_-_
_10_
_-_
_10_
_267_
_-_
_267_
_12,000_
_4,172_
_16,172_
_12_
_-_
_12_
_614_
_-_
_614_
_-_
_57_
_57_
_66_
_-_
_66_
_578_
_-_
_578_
_-_
_-_
_-_
_227_
_-_
_227_
_(29)_
_389_
_360_
_50_
_67_
_117_
_307_
_119_
_427_
_3,087_
_-_
_3,087_|||
|||15,204|26,065|41,269||_17,342_
_6,254_
_23,596_|||
|||-
113|1,600
-|1,600
113||_1,400_
_-_
_1,400_
_-_
_-_
_-_|||
|||113|1,600|1,713||_1,400_
_-_
_1,400_|||
||||||||||
|||**15,317**|**27,665**|**42,982**||_18,742_
_6,254_
_24,996_|||
|||**15,955**|**201,435**|**217,390**||_(15,377)_
_502,130_
_486,753_|||
Page 16