ANNUAL REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
SKATE SUFFOLK
(Charitable Incorporated Organisation)
CHARITY REGISTRATION No: 1197863
Castle View Accounting Ltd Ground Floor Offices 53 High Street Arundel West Sussex BN18 9AJ
SKATE SUFFOLK
(Charitable Incorporated Organisation)
CONTENTS
| Page 3 | Legal and Administrative Information |
|---|---|
| Pages 4 to 56 | Trustees' Report |
| Page 6 | Statement of Financial Activities |
| Page 7 | Balance Sheet |
| Pages 8 to 13 | Notes to the Financial Statements |
| Page 14 | Independent Examiner's Report |
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SKATE SUFFOLK
(Charitable Incorporated Organisation)
LEGAL AND ADMINISTRATIVE INFORMATION
CHARITY NUMBER 1197863 DATE OF REGISTRATION 10th February 2022 START OF FINANCIAL YEAR 1st April 2024 END OF FINANCIAL YEAR 31st March 2025 TRUSTEES AT 31ST MARCH 2025 Jamie Martin-Edwards Lachlan Radley Thomas Swarman Adam Gould Benjamin Brown Isobel Carter Max Melwani George Yarnton LEGAL STATUS Charitable Incorporated Organisation GOVERNING INSTRUMENT CIO - Foundation Registered 10th February 2022
OBJECTS
The object of the CIO is: The promotion of community participation in healthy recreation in Suffolk in particular through the provision of facilities to participate in Skateboarding (For the purpose of this clause 'Facilities' means Land, Buildings, Equipment, Access to Coaching and Organising Sporting Activities.
CORRESPONDENCE ADDRESS
CORRESPONDENCE ADDRESS Little Meadows Farm Banyards Green Laxfield Woodbridge IP13 8EU PRIMARY BANKERS National Westminster Bank Plc Ipswich Branch Tavern Street Ipswich Suffolk IP1 3BD INDEPENDENT EXAMINERS Castle View Accounting Ltd Ground Floor Offices 53 High Street Arundel West Sussex BN18 9AJ
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SKATE SUFFOLK
(Charitable Incorporated Organisation)
TRUSTEES' REPORT
FOR THE YEAR ENDED 31ST MARCH 2025
Objectives and Activities
The object of the CIO is the promotion of community participation in healthy recreation in Suffolk, in particular through the provision of facilities to participate in skateboarding.
We have provided equipment and resources to ensure that young people in deprived areas have access to learn how to ride a skateboard in a safe and inclusive environment.
On 24/04/23, funds (£1200) were received as part of a grant from the Clothworkers Foundation for the charity to purchase 2 Android Tablets. This meant that trustees could mitigate the use of printed paperwork, saving resources and time, allowing for quicker participant sign-up on event days and safer set-up.
We have acknowledged and given regard to the guidance issued during a virtual meeting.
Contribution Made by Volunteers
We delivered at least 9 coaching sessions and the large Workshop event at Whitehouse Skatepark. This wouldn't have been possible without our Volunteers.
Achievements and Performance
Please We successfully delivered 10 events over the course of the annual report period. These were held at the Carlton Coville Skate Park and Whitehouse Skatepark in Ipswich. During these sessions we delivered a total of 144 participants . Approximately 70% of these slots were taken up by males and approximately 30% female. This continues to show a unique diversity in the activity. The ages of the average age has dropped from 11-16 to 6- 10.
We have provided free equipment which has enabled participants to access our sessions with no financial pressure. We also gave away at least 15 skateboards, for some participants to continue to practice outside of our session, providing legacy to Skate Suffolk. As part of our Workshop event, we also gave away, lots of skateboard prizes (over 10 boards; trucks; wheels; bearings; clothes) Carpentry and DJ equipment; and art materials. All of which were trained on the day and enabled the young people to progress in their own time with equipment they may not have ordinarily had access too.
Whilst focusing on how-to skateboard, the coaching sessions continue to provide peripheral skills relating to “skatepark etiquette” which includes (but not limited to) health & safety and cleaning & maintenance, all set by our own best practice. This has resulted in an enhanced community around existing skateboard infrastructure. The inevitable trial and error learning element of skateboarding normalises failure to learn and reach success. In doing so, participants across the board have all shown increased confidence throughout our sessions. General feedback from parents of participants is that this confidence has been taken into day to day life.
We have also received good feed back from funders and Local Councillors who have continued to support & promote our activities.
We review objectives regularly and how best to reach these targets. We have continued to successful deliver coaching sessions.
Last year the Trustees decided that for 2024 we should focus on other objectives related to skill based workshops rather than specifically skateboard coaching.
The delivery of the Workshop event at Whitehouse Skatepark which was funded by NWIBLT delivered on this specific objectives. Over 100 young people in attendance have access to DJ; Carpentry; Art and Graphic Design; as well as skateboarding. This was a huge success, and required the introduction of key trainers and specialist equipment to deliver which did cost significant monies and multiply volunteers and paid delivery.
Our December 2024 meeting has suggested that the Trustees, now having successfully delivered Coaching and skill based workshop, would like to focus 2025 with celebrating our skateboard heritage.
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SKATE SUFFOLK
(Charitable Incorporated Organisation)
TRUSTEES' REPORT (Continued) FOR THE YEAR ENDED 31ST MARCH 2025
Financial Review
As at the 31st March 2025 the total cash balance held by the Charity was £12,513 (2023/24:£7,140) and the current liabilities held were £900 (2023/24:£780), which gave the Charity total funds as at 31st March 2025 of £11,613 (2023/24:£6,360). This is based on an income of £22,815 (2023/24:£5,700) and expenditure of £17,562 (2023/24:£5,063) for the year ended 31st March 2025.
Just before this financial year (06/03/2024), We received £2,400 from Carlton to deliver the coaching session in Summer of 2024.
In June we received the funding grant from NWIBLT of just over £15,000 to deliver the workshop events
Following the success of these coaching and workshop events, we received the following funding to deliver events from April 2025:
£1000 - Coaching at Whitehouse
£3382 - Coaching and train 1x new coach from Carlton Colville
£2500 - Coaching at Normaston, Lowestoft.
We also applied for a £10,000 grant from Suffolk County Council Arts and Culture to deliver a Suffolk Skateboarding History exhibit for 2025. Unfortunately we found out in January 2025 that we were unsuccessful. The trustees agreed to use our reserves to deliver this event as it was the last of our objectives.
The activities of skateboarding come with a high cost of insurance, therefore our reserves look to future proof a figure set aside to cover costs such as annual insurance and volunteers expenses.
Structure, Governance and Management
No new trustees have been elected since the charity was established - in the event of a new trustee being elected, they would either be identified through a recruitment process, a recommendation from another trustee or volunteer themselves. This would all be under the scrutiny of the existing trustees through a formal vote and the official appointment requirements within our constitution are covered in part 10 (1) (2).
- Appointment of charity trustees (1) Apart from the first charity trustees, every trustee must be appointed [for a term of [three] years] by a resolution passed at a properly convened meeting of the charity trustees. (2) In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.
Trustee Isobel Carter was asked to step down as a Trustee following no attendance and no written notification of absence for a 6 month period. A letter was sent to IC directly via email and no response was received.
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SKATE SUFFOLK ICharitatAe Incorporated Organisationl TRUSTEES. REPORT Icontlnuedl FOR THE YEAR ENDED 31ST MARCH 2025 TruBt888' R88pon81bllltle8 The trustees are $nSIb for p¥erij the Rewrt of the TnJsteÈs and the fitncial ststements in accordance with appliCae kw and the United KiThom AccouTrtiry StsrKlar(ls (U[¥t KirWLYn GetEralty Accepted Accounting Practice GAAPI. Law aprA¢able to Chgrit$ in En9knd arKI Wa Charities Act 2011. Charity IA¢count$ and Reports) Regulauons and the provlslons of the GovernlTh) D(tument requires trLL%tees to [rya finartl ststements for each financial year whl¢h glv¥ a true and falr view of state of artairs of tTr Charity and of tl incomiro resources aThJ application of soUrCeS, Including tr income and exnrture of charty lor thal In prepariro fina81 $tslements, the trustees ar8 requlred to.. Seknl suitabb a¢counlir¥J Ories aThY then apKty them ¢(*)sBtenty. Ob8erv8 the meth8 and pnncipbs in the Charity SORP: Make judgements and 8slima18s that ar8 rea50naÈ4& aThJ prudent- Prepare the financki15tstements on going corKem basis lln1 it is in8Fpropriate to presume that th8 CIO wlll contlnu8 to OFeral8. The tru8tee8 are resp)nb for keepiThJ prcfer accountir#J whth di8cI)s8 with reasonat49 accuracy at any tirne th finarla1 position of the charity and to enabK8 them lo ensure that the finarKkg1 statements cOmY with the Charitie5 Act 2011, th8 Charity (Accounts and R8portsl R8guL4th?n5 aTrY vow)$ of Governiry Drunt. They are also responsIb for safeguarding the assets of th8 charity aTrY here lor lakir#J reasonable sl8Ps for the preventic and d818Ction of fraLhY and oth8r irregulari1188. Approved by the Trustees on...18.12,26.................................................................................................................... SkJne(l on th&ir beh011by Truslee . Prlnted Name.. George Yamlon
SKATE SUFFOLK
(Charitable Incorporated Organisation)
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2025
| Notes INCOMING RESOURCES Incoming Resources from Generated Funds Donations, Grants & Legacies 3a Investment Income 3b Other Incoming Resources 3c TOTAL INCOMING RESOURCES RESOURCES EXPENDED Costs of Generating Funds Cost of Charitable Activities 4a Governance Costs 4b TOTAL RESOURCES EXPENDED NET INCOMING (OUTGOING) RESOURCES Funds Brought Forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted Restricted TOTAL TOTAL Funds Funds 2024/25 2023/24 £ £ £ £ 22,008 - 22,008 5,700 - - - - 807 - 807 - 22,815 - 22,815 5,700 16,662 - 16,662 4,283 900 - 900 780 17,562 - 17,562 5,063 5,253 - 5,253 637 6,360 - 6,360 5,723 11,613 - 11,613 6,360 |
|---|---|
Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing.
The notes on pages 9 to 13 form part of these financial statements.
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SKATE SUFFOLK ICharitatAe Incorporated Organisationl BALANCE SHEET AS AT 31ST MARCH 2025 UnrestrKted Restricted FurYJ5 FurYJ5 TOTAL 31-Mar-25 TOTAL 81-ma24 Flxed As50t5 Tangib A55ets Investment5 Totsl Flxed Assots Current A55ets Debtor5 & Prepayment$ Cash at Bank and in Hand Total Curront Assets 12.513 12,513 12.513 12,513 7.140 7.140 Cr•dltors'. Amounts lallng due wRhin one year 780 NET CURRENT ASSETS 11,613 11,613 6,360 TOTAL ASSETS 1898 current liabililie8 11,613 11,613 6,360 Credltor#'. Amounts lalllrrfJ dL* In Ihan one year 10 NET ASSETS 11,613 11,613 8,360 Fund•ofth•Chaty Gera1 Fun¢$ Re$tri¢te¢ Fund 11.613 11,613 6,0 Totsl Fund• 11.613 11.613 6.360 Approved by the Trustees on..18,12,26................................................................................................................... SKJre(J on their behalf by Trustee .... Prlnted Name.. George Yarnton
SKATE SUFFOLK
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
1. ACCOUNTING POLICIES
Basis of Preparation & Assessment of Going Concern
Basis of Preparation
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP 2015) (Second Edition, effective 1st January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Charities Act 2011.
The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.
Assessment of Going Concern
Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern.
Incoming Resources
Recognition of Incoming Resources
These are included in the Statement of Financial Activities (SOFA) when:
▪ the charity becomes entitled to the resources;
▪ the trustees are virtually certain they will receive the resources; and
▪ the monetary value can be measured with sufficient reliability
Incoming Resources with Related Expenditure
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA.
Grants and Donations
Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Tax Reclaims on Donations and Gifts
Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate.
Contractual Income and Performance Related Grants
This is only included in the SOFA once the related goods or services have been delivered.
Gifts in Kind
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable. Perishable and non perishable food items donated to the Charity for onward distribution to beneficiaries are not valued in the Statement of Financial Activity.
Donated Services and Facilities
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
Volunteer Help
The value of any voluntary help received is not included in the accounts.
Investment Income
This is included in the accounts when receivable.
Investment Gains and Losses
This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
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SKATE SUFFOLK
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025
1. ACCOUNTING POLICIES (continued)
Expenditure and Liabilities
Liability Recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Governance Costs
Include costs of the preparation and examination of statutory accounts, the costs of the trustees meetings and cost of any legal advice to trustees on governance or constitutional matters.
Grants with Performance Conditions
Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output.
Grants Payable without Performance Conditions
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity.
Investments
Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value.
Unrestricted Funds
These funds can be used for the general objectives of the charity as set out in the trustees report. The movements of the unrestricted funds are given in the Statement of Financial Activities.
Restricted Funds
These funds are where the donor has specified a purpose for the donation made. These restrictions often arise as a result of appeals for special offerings for specific purposes.
Designated Funds
These funds are funds set aside by the trustees out of unrestricted general funds for particular purposes or projects.
Fixed Assets
Fixed Assets are capitalised if they can be used for more than one year and cost at least £1,500. They are valued at cost or, if gifted, at the value to the charity on receipt.
Depreciation Expense
Depreciation is calculated at a rate to write off the cost of tangible fixed assets over their estimated useful lives. The rates applied are as follows:
Fixtures, Fittings and Equipment
25% - Reducing Balance Basis
2. TANGIBLE FIXED ASSETS
The CIO held no fixed assets during this or the previous financial period.
The annual commitments under non-cancelling operating leases and capital commitments are as follows: 31st March 2025 : None
31st March 2024 : None
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SKATE SUFFOLK
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025
3. INCOMING RESOURCES
| a) Donations, Grants & Legacies Gifts & Donations Grants Received b) Investment Income Interest c) Other Incoming Resources Sundry Income |
Unrestricted Restricted TOTAL TOTAL Funds Funds 2024/25 2023/24 £ £ £ £ - - - 100 22,008 - 22,008 5,600 22,008 - 22,008 5,700 - - - - - - - - 807 - 807 - 807 - 807 - |
|---|---|
4. RESOURCES EXPENDED
| Note a) Cost of Charitable Activities Activities & Events Advertising & Publicity Equipment Costs Event Prizes Insurance Costs Licenses & Subscriptions Office Costs Sundry Expenses Training Costs b) Governance Costs Independent Examiners Fees 9 |
Unrestricted Restricted TOTAL TOTAL Funds Funds 2024/25 2023/24 £ £ £ £ 8,987 - 8,987 316 207 - 207 - 1,838 - 1,838 1,102 3,518 - 3,518 331 452 - 452 1,949 669 - 669 100 250 - 250 193 3 - 3 269 736 - 736 24 16,662 - 16,662 4,283 900 - 900 780 900 - 900 780 |
|---|---|
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SKATE SUFFOLK
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025
5. RESTRICTED FUNDS
The CIO held no restricted funds during this or the previous financial period.
6. INVESTMENTS
The CIO held no fixed assets investments during this or the previous financial period.
7. CASH AT BANK AND IN HAND
| Unrestricted | Restricted | TOTAL TOTAL |
|
|---|---|---|---|
| Fund | Fund | 31-Mar-25 31-Mar-24 |
|
| £ | £ | £ £ |
|
| Cash at Bank & in Hand | 12,513 | - 12,513 7,140 |
|
| 12,513 | - 12,513 7,140 |
||
| 8. DEBTORS AND PREPAYMENTS Sundry Debtors |
Unrestricted Fund £ - |
Restricted Fund £ |
TOTAL TOTAL 31-Mar-25 31-Mar-24 £ £ - - - |
| - | - - - |
||
| 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Independent Examiners Fees |
Unrestricted Fund £ 900 |
Restricted Fund £ |
TOTAL TOTAL 31-Mar-25 31-Mar-24 £ £ - 900 780 |
| 900 | - 900 780 |
10. CREDITORS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR
The CIO held no long term liabilities during this or the previous financial period.
11. NET ASSETS BETWEEN FUNDS
| Fixed Asset Investments Net Current Assets Long Term Liabilities |
Unrestricted Restricted TOTAL TOTAL Funds Funds 31-Mar-25 31-Mar-24 £ £ £ £ - - - - 11,613 - 11,613 6,360 - - - - 11,613 - 11,613 6,360 |
|---|---|
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SKATE SUFFOLK
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025
12. STAFF COSTS AND NUMBERS
The CIO employed no members of staff during this or the previous financial period.
13. TRUSTEES AND OTHER RELATED PARTIES
No payments were made to trustees or any persons connected with them during this financial period. No material transaction took place between the organisation and a trustee or any person connected with them.
14. RISK ASSESSMENT
The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.
15. RESERVES POLICY
The Trustees have considered the level of reserves they wish to retain, appropriate to the CIO's needs. This is based on the CIO's size and the level of financial commitments held. The Trustees aim to ensure the CIO will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Trustees will endeavour not to set aside funds unnecessarily.
16. PUBLIC BENEFIT
The CIO acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the CIO has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the CIO should undertake.
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SKATE SUFFOLK
(Charitable Incorporated Organisation)
INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS
Report to the trustees/ members of Skate Suffolk on the accounts for the year ended 31st March 2025 set out on pages 7 to 13.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the Charities Act,
-
follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
-
state whether particular matters have come to my attention
Basis of independent examiner’s statement
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity 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 the 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:
-
which gives me reasonable cause to believe that in any material respect, the requirements:
-
to keep accounting records in accordance with section 130 of the Charities Act; and
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
K. Collaku MAAT Castle View Accounting Ltd Ground Floor Offices 53 High Street Arundel West Sussex BN18 9AJ
Date: 22nd December 2025
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