**REGISTERED CHARITY NUMBER: 1178676** Report of the Trustees and Financial Statements for the Year Ended 31 March 2023 for Sussex Pavilion Community Group CIO SKS Bailey Group Limited Suite 32/33 Normany Gateway, Lysaghts Way, Scunthorpe North Lincolnshire DN15 9YG Sussex Pavilion Community Group CIO ## Contents of the Financial Statements for the Year Ended 31 March 2023 ||Page| |---|---| |Report of the Trustees|1| |Statement of Financial Activities|2| |Balance Sheet|3| |Notes to the Financial Statements|4 to 7| |Detailed Statement of Financial Activities|8| Sussex Pavilion Community Group CIO ## Report of the Trustees for the Year Ended 31 March 2023 The trustees present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019). ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1178676 ## **Principal address** The Pavillion Sidney Sussex Recreation Ground Brereton Avenue Cleethorpes N E Lincolnshire DN35 8AB ## **Trustees** H F Chase - resigned 13/6/2022 G Ellis S Pygott - deceased 30/6/2023 J Clark V A Taylor - resigned 21/6/2022 S Ellis K Donoghue - appointed 6/8/2023 S Ritchie - appointed 6/8/2023 ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The Charity was registered by a Constitution dated 6 June 2018, as amended on 18 September 2019, and registered with the Charity Commission as a Charitable Incorporated Organisation governed by the proper law of England and Wales. The management of the Charity is conducted solely by the trustees. ## **Risk management** The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** To advance education and to provide facilities in the interest of social welfare for recreation leisure time occupation with the objective of improving the conditions of the life for the residents of Sidney Sussex and Croft Baker wards in the borough of North East Lincolnshire. ## **Public benefit** The trustees are aware of the Charity Commission guidance on Public Benefit and confirm that they have complied with the duty in Section 4 of the Charities Act 2011 to have due regard to it. ## **OTHER NAMES** The Charity is also known as the "Sidney Sussex Community Group". Approved by order of the board of trustees on 26 September 2023 and signed on its behalf by: S Ritchie - Trustee Page 1 ## Sussex Pavilion Community Group CIO ## Statement of Financial Activities for the Year Ended 31 March 2023 |Unrestricted
Restricted
fund
funds
Notes
£
£
**INCOMING RESOURCES**
**Incoming resources from generated funds**
Voluntary income
-
-
Activities for generating funds
2
12,651
-
**Total incoming resources**
12,651
-
**RESOURCES EXPENDED**
**Charitable activities**
General
15,880
-
**Governance costs**
864
-
**Total resources expended**
16,744
-
**NET INCOMING/(OUTGOING)**
**RESOURCES**
(4,093)
-
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
48,114
-
**TOTAL FUNDS CARRIED FORWARD**
44,021
-|2023
Total
funds
£
-
12,651
12,651
15,880
864
16,744
(4,093)
48,114
44,021|2022
Total
funds
£
9,044
12,032| |---|---|---| |||21,076
14,776
800| |||15,576| |||5,500
42,614| |||48,114| The notes form part of these financial statements Page 2 ## Sussex Pavilion Community Group CIO ## Balance Sheet At 31 March 2023 |Unrestricted
Restricted
fund
funds
Notes
£
£
**FIXED ASSETS**
Tangible assets
4
19,317
-
**CURRENT ASSETS**
Debtors
5
227
-
Cash at bank and in hand
25,341
-
25,568
-
**CREDITORS**
Amounts falling due within one year
6
(864)
-
**NET CURRENT ASSETS**
24,704
-
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
44,021
-
**NET ASSETS**
44,021
-
**FUNDS**
7
Unrestricted funds
**TOTAL FUNDS**|2023
Total
funds
£
19,317
227
25,341
25,568
(864)
24,704
44,021
44,021
44,021
44,021|2022
Total
funds
£
25,606
904
22,404
23,308
(800)
22,508
48,114
48,114
48,114
48,114| |---|---|---| The financial statements were approved by the Board of Trustees on 26 September 2023 and were signed on its behalf by: S Ritchie -Trustee K Donoghue -Trustee The notes form part of these financial statements Page 3 Sussex Pavilion Community Group CIO Notes to the Financial Statements for the Year Ended 31 March 2023 ## **1. ACCOUNTING POLICIES** ## **BASIS OF PREPARING THE FINANCIAL STATEMENTS** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective I January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **FINANCIAL REPORTING STANDARD 102- REDUCED DISCLOSURE EXEMPTIONS** The charity has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' - The requirements of Section 7 Statement of Cash Flows. ## **INCOME** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **EXPENDITURE** 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 a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **TANGIBLE FIXED ASSETS** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |Improvements to property|- 10% on cost| |---|---| |Plant and machinery|- 25% on cost| |Fixtures and fittings|- 33% on cost| |Computer equipment|- 33% on cost| ## **TAXATION** The charity is exempt from tax on its charitable activities. ## **FUND ACCOUNTING** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2. ACTIVITIES FOR GENERATING FUNDS** Pavilion hire & fees rendered |2023|2022| |---|---| |£|£| |12,651|12,032| Page 4 Sussex Pavilion Community Group CIO ## Notes to the Financial Statements - continued for the Year Ended 31 March 2023 ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022 . ## **TRUSTEES' EXPENSES** There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022 . ## **4. TANGIBLE FIXED ASSETS** |Improvements
Plant and
Fixtures and
Computer
to property
machinery
fittings
equipment
£
£
£
£
**COST**
At 1 April 2022
29,331
1,584
2,068
628
Reclassification
(3,286)
-
-
-
At 31 March 2023
26,045
1,584
2,068
628
**DEPRECIATION**
At 1 April 2022
4,452
1,290
1,749
514
Charge for year
2,605
294
319
114
Reclassification/transfer
(329)
-
-
-
At 31 March 2023
6,728
1,584
2,068
628
**NET BOOK VALUE**
At 31 March 2023
19,317
-
-
-
At 31 March 2022
24,879
294
319
114
**5.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
2023
£
Other debtors
227
**6.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
2023
£
Other creditors
864
**7.**
**MOVEMENT IN FUNDS**
Net movement
At 1.4.22
in funds
At
£
£
**Unrestricted funds**
General fund
48,114
(4,093)
**TOTAL FUNDS**
48,114
(4,093)|Totals
£
33,611
(3,286)
30,325
8,005
3,332
(329)
11,008
19,317
25,606
2022
£
904
2022
£
800
31.3.23
£
44,021
44,021| |---|---| Page 5 Sussex Pavilion Community Group CIO ## Notes to the Financial Statements - continued for the Year Ended 31 March 2023 ## **7. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement in|| |---|---|---|---|---| ||resources|expended|funds|| ||£|£|£|| |**Unrestricted funds**||||| |General fund|12,651|(16,744)|(4,093)|| |**TOTAL FUNDS**|12,651|(16,744)|(4,093)|| |**Comparatives for movement in funds**||||| |||Net movement||| ||At 1.4.21|in funds|At 31.3.22|| ||£|£|£|| |**Unrestricted Funds**||||| |General fund|42,614|5,500|48,114|| |**TOTAL FUNDS**|42,614|5,500|48,114|| |Comparative net movement in funds, included in the above are as follows:||||| ||Incoming|Resources|Movement in|| ||resources|expended|funds|| ||£|£|£|| |**Unrestricted funds**||||| |General fund|21,076|(15,576)|5,500|| |**TOTAL FUNDS**|21,076|(15,576)|5,500|| A current year 12 months and prior year 12 months combined position is as follows: |Net movement
At 1.4.21
in funds
At
£
£
**Unrestricted funds**
General fund
42,614
1,407
**TOTAL FUNDS**
42,614
1,407|31.3.23
£
44,021| |---|---| ||44,021| Page 6 Sussex Pavilion Community Group CIO ## Notes to the Financial Statements - continued for the Year Ended 31 March 2023 ## **7. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement in| |---|---|---|---| ||resources|expended|funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|33,727|(32,320)|1,407| |**TOTAL FUNDS**|33,727|(32,320)|1,407| Page 7 Sussex Pavilion Community Group CIO ## Detailed Statement of Financial Activities ## for the Year Ended 31 March 2023 |**INCOMING RESOURCES**
**Voluntary income**
Grants
**Activities for generating funds**
Pavilion hire & fees rendered
**Total incoming resources**
**RESOURCES EXPENDED**
**Charitable activities**
Rates and water
Insurance
Telephone
Postage and stationery
Advertising
Sundries
Professional fees & subscriptions
Repairs & renewals and pitch maintenance
Computers & software
Cleaning
Refreshments & consumables
Pavilion Expenses & Equipment
Travelling Expense
Ground work expense
Improvements to property
Plant and machinery
Fixtures and fittings
Computer equipment
**Governance costs**
Accountancy
**Support costs**
**Finance**
Bank charges
**Information technology**
Repairs and renewals
**Total resources expended**
**Net (expenditure)/income**|2023
£
-
12,651
12,651
63
1,954
447
255
-
437
(61)
1,269
275
615
541
278
424
5,186
2,605
294
319
114
15,015
864
107
758
16,744
(4,093)|2022
£
9,044
12,032| |---|---|---| |||21,076
501
2,056
578
19
91
73
197
3,005
434
1,015
592
1,608
427
-
2,933
396
635
193| |||14,753
800
23
-| |||15,576| |||5,500| This page does not form part of the statutory financial statements Page 8