REGISTERED CHARITY NUMBER: 1206558
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 16 JANUARY 2024 TO 31 MARCH 2025
FOR
MEADS (EASTBOURNE) COMMUNITY CENTRE
LMDB Accountants
Chartered Certified Accountants
Railview Lofts
19c Commercial Road
Eastbourne
East Sussex
BN21 3XE
MEADS (EASTBOURNE) COMMUNITY CENTRE
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE PERIOD 16 JANUARY 2024 TO 31 MARCH 2025
|
Page |
Report of the Trustees |
1 to 3 |
Independent Examiner's Report |
4 |
Statement of Financial Activities |
5 |
Balance Sheet |
6 |
Cash Flow Statement |
7 |
Notes to the Cash Flow Statement |
8 |
Notes to the Financial Statements |
9 to 14 |
Detailed Statement of Financial Activities |
15 to 16 |
MEADS (EASTBOURNE) COMMUNITY CENTRE
REPORT OF THE TRUSTEES
FOR THE PERIOD 16 JANUARY 2024 TO 31 MARCH 2025
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityforthe period
16 January2024to 31 March2025.The trusteeshaveadoptedthe provisionsof Accountingand Reporting
byCharities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccounts in
accordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102)
(effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
TheobjectsofthecharityaretofurtherorbenefittheresidentsofMeads(theelectoralwardknown as
Meads,in the constituencyof Eastbourne,EastSussex)and neighbouringcommunities,without distinction
ofsex,sexualorientation,raceorofpolitical,religiousorotheropinionsbyassociatingtogetherthe said
residentsandthelocalauthorities,voluntaryandotherorganisations,clubsandgroups,ina common
efforttoadvanceeducationandtoprovidefacilitiesintheinterestsofsocialwelfareforrecreation and
leisuretimeoccupationwiththeobjectiveofimprovingtheconditionsoflifefortheresidents.Nothing in
this constitutionshall authorisean applicationof the propertyof the charityfor the purposeswhich are not
charitable.
Significant activities
ActivitiesduringtheperiodwerefocusedonraisingthefundsnecessaryinordertoacquireMeads Hall
(formerlySt.JohnsParishHall),repairandrefurbishtheHall,andmanageitsoperationtomeet the
objectives of the charity as described.
Public benefit
Thetrusteeshavecompliedwiththedutydescribedin section17(5)of theCharitiesAct2011tohave due
regardto guidanceissuedby the CharityCommissionon PublicBenefitin decidingwhatactivitiesthe trust
should undertake.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
Thetrusteesaredelightedtoreportsuccessinraisingthefundsnecessarytoacquirea99yearleaseat a
peppercornrentontheHallfrom27September2024,andtorepairandrefurbishtheHallthrough a
projectwhichwascompletedontimeandonbudgetreadyforoperationscommencingon3 March 2025.
Lord Burlingtonformallyreopenedthe Hall on 8 April 2025,some 99 years after his antecedentopened the
original parish hall.
Page 1
MEADS (EASTBOURNE) COMMUNITY CENTRE
REPORT OF THE TRUSTEES
FOR THE PERIOD 16 JANUARY 2024 TO 31 MARCH 2025
FINANCIAL REVIEW
Financial position
Duringthe periodthe totalincomegeneratedby the charityamountedto £608,924.As shownin the notes
to the financialstatementsthis arosefromgrants,donations,gift aid, fundraisingeventsand hall bookings.
Grantsare listedin note2, and the largeCommunityOwnershipFund grantof £450,000receivedfrom the
MinistryofHousing,CommunitiesandLocalGovernmentrequiredmatchedfundingof£100,000to be
raised.Thisfigurewassurpassedand thetrusteesplaceon recordtheirgratefulthankstoall contributors,
representingthewonderfulcommunityspiritinMeads,Eastbourneanddemonstratingtheimportance of
the Hall to the community.
Thevastmajorityofthesefundshavebeenexpendedthroughtherepairandrefurbishment project.
Bookingsforthe Hall havebeen mostsatisfactoryand severalnew excitinghirershavejoinedthe previous
listofreturningcustomerswhichaugurswellforthefutureviabilityoftheHall.Whilstthefabricof the
building,includingthe roofand its insulation,has been repairedfor decadesto cometherewill be ongoing
maintenance issues and suitable reserves will be provided in future years.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
Meads(Eastbourne)CommunityCentreisacharitableincorporatedorganisationregisteredwith the
CharityCommissionin Englandand Walesundercharitynumber1206558.It wasregisteredon 16 January
2024. It is controlled by its governing document, its constitution.
Recruitment and appointment of new trustees
TheTrusteesprovideawiderangeofrelevantskillsandexperienceand,astheoperation develops
considerationwillbe giventotherecruitmentof additionaltrustees.Daytodaymanagementis entrusted
to a volunteer Hall Manager who is supported by a Premises Manager.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1206558
Principal address
Flat 48
Park Gates
Chiswick Place
Eastbourne
East Sussex
BN21 4BE
Trustees
RC SmartChairman
AW BicknellTreasurer
HM WallaceSecretary
AM WilliamsMember (Appointed 2 May 2025)
M PeacockDeputy Chair (Resigned 13 August 2024)
Page 2
MEADS (EASTBOURNE) COMMUNITY CENTRE
REPORT OF THE TRUSTEES
FOR THE PERIOD 16 JANUARY 2024 TO 31 MARCH 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
LMDB Accountants
Chartered Certified Accountants
Railview Lofts
19c Commercial Road
Eastbourne
East Sussex
BN21 3XE
Approved by order of the board of trustees on 8 September 2025 and signed on its behalf by:
R C Smart - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
MEADS (EASTBOURNE) COMMUNITY CENTRE
Independent examiner's report to the trustees of Meads (Eastbourne) Community Centre
IreporttothecharitytrusteesonmyexaminationoftheaccountsofMeads(Eastbourne) Community
Centre (the Trust) for the period 16 January 2024 to 31 March 2025.
Responsibilities and basis of report
AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsin accordance
with the requirements of the Charities Act 2011 ('the Act').
I reportin respectof myexaminationof theTrust'saccountscarriedoutunderSection145of theAct and
incarryingoutmyexaminationIhavefollowedallapplicableDirectionsgivenbytheCharity Commission
under Section 145(5)(b) of the Act.
Independent examiner's statement
Sinceyourcharity'sgrossincomeexceeded£250,000yourexaminermustbe a memberofa listedbody. I
can confirmthat I am qualifiedto undertakethe examinationbecauseI am a memberof the Association of
Chartered Certified Accountants, which is one of the listed bodies.
Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattention 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 Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the 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 any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which
attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be
reached.
Stuart Murray FCCA
LMDB Accountants
Chartered Certified Accountants
Railview Lofts
19c Commercial Road
Eastbourne
East Sussex
BN21 3XE
12 September 2025
Page 4
MEADS (EASTBOURNE) COMMUNITY CENTRE
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE PERIOD 16 JANUARY 2024 TO 31 MARCH 2025
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations
2
94,591
Charitable activities
4
Meads Community Hall
2,888
Other trading activities
3
10,745
Total
108,224
EXPENDITURE ON
Raising funds
5
3,133
Charitable activities
6
Meads Community Hall
16,401
Total
19,534
NET INCOME
88,690
Transfers between funds
13
500,700
Net movement in funds
589,390
TOTAL FUNDS CARRIED FORWARD
589,390 |
Restricted
fund
£
500,700
-
-
500,700
-
-
-
500,700
(500,700)
-
- |
Total
funds
£
595,291
2,888
10,745 |
|
|
608,924 |
|
|
3,133
16,401 |
|
|
19,534 |
|
|
589,390
- |
|
|
589,390 |
|
|
589,390 |
The notes form part of these financial statements
Page 5
MEADS (EASTBOURNE) COMMUNITY CENTRE
BALANCE SHEET
31 MARCH 2025
Notes
FIXED ASSETS
Tangible assets
10
CURRENT ASSETS
Debtors
11
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
12
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS
13
Unrestricted funds
TOTAL FUNDS |
Unrestricted
fund
£
572,827
7,965
28,404
36,369
(19,806)
16,563
589,390
589,390 |
Restricted
fund
£
-
-
-
-
-
-
-
- |
Total
funds
£
572,827
7,965
28,404
36,369
(19,806)
16,563
589,390
589,390
589,390
589,390 |
|
|
|
|
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
8 September 2025 and were signed on its behalf by:
R C Smart - Trustee
The notes form part of these financial statements
Page 6
MEADS (EASTBOURNE) COMMUNITY CENTRE
CASH FLOW STATEMENT
FOR THE PERIOD 16 JANUARY 2024 TO 31 MARCH 2025
Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Net cash (used in)/provided by investing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end
of the reporting period |
£
601,231
601,231
(572,827)
(572,827)
28,404
-
28,404 |
|
|
The notes form part of these financial statements
Page 7
MEADS (EASTBOURNE) COMMUNITY CENTRE
NOTES TO THE CASH FLOW STATEMENT
FOR THE PERIOD 16 JANUARY 2024 TO 31 MARCH 2025
1.
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
Net income for the reporting period (as per the Statement of
Financial Activities)
Adjustments for:
Increase in debtors
Increase in creditors
Net cash provided by operations |
£
589,390
(7,965)
19,806 |
|
601,231 |
2. ANALYSIS OF CHANGES IN NET FUNDS
|
At 16.1.24 |
Cash flow |
At 31.3.25 |
|
£ |
£ |
£ |
Net cash |
|
|
|
Cash at bank and in hand |
- |
28,404 |
28,404 |
|
- |
28,404 |
28,404 |
Total |
- |
28,404 |
28,404 |
The notes form part of these financial statements
Page 8
MEADS (EASTBOURNE) COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 16 JANUARY 2024 TO 31 MARCH 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsin accordance
withtheFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102)
(effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard
applicableintheUKandRepublicofIreland'andtheCharitiesAct2011.Thefinancial statements
have been prepared under the historical cost convention.
The presentational currency of the financial statements is the Pound Sterling (£).
Income
Allincomeis recognisedin theStatementofFinancialActivitiesoncethecharityhasentitlement to
the funds, it is probable that the income will be received and the amount can be measured reliably.
Grantincomeisrecognisedwhenthereisformalofferoffundingcommunicatedinwritingto the
charity which does not relate wholly to future accounting periods.
Donations are recognised on a receivable basis (where there are no performance-related conditions)
where the receipt is probable and the amount can be reliably measured.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthe charityto that expenditure,it is probablethat a transferof economicbenefitswill be
requiredinsettlementandtheamountoftheobligationcanbemeasuredreliably.Expenditure is
accountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregateall cost
relatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadingsthey have
been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its
estimated useful life.
Leasehold property- 2% on cost
Plant and machinery- 5% on cost
Tangiblefixedassetsareinitiallymeasuredatcostandsubsequentlystatedatdepreciated historic
cost.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestrictedfundscanbe usedin accordancewiththecharitableobjectivesat thediscretionof the
trustees.
continued...
Page 9
MEADS (EASTBOURNE) COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 16 JANUARY 2024 TO 31 MARCH 2025
1. ACCOUNTING POLICIES - continued
Fund accounting
Restrictedfunds can only be used for particularrestrictedpurposeswithin the objectsof the charity.
Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedforparticular restricted
purposes.
Furtherexplanationofthenatureandpurposeofeachfundis includedin thenotestothe financial
statements.
Financial instruments
Financialassetsandfinancialliabilitiesarerecognisedinthebalancesheetwhenthe charity
becomes a party to the contractual provisions of the instrument.
Tradeandotherdebtorsandcreditorsareclassifiedasbasicfinancialinstrumentsandare initially
measuredatinitialrecognitionattransactionprice.Debtorsandcreditorsare subsequently
measuredatamortisedcostusingtheeffectiveinterestratemethod.Aprovisionis established
when thereis objectiveevidencethatthe companywill not be able to collectall amountsdue. Cash
and cash equivalents are classified as basic financial instruments and comprise cash at bank
Financialliabilitiesissuedbythecompanyareclassifiedinaccordancewiththesubstanceof the
contractual arrangements entered into and meet the definitions of a financial liability.
Financial assets are de-recognised when:
- the contractual rights to the cash flows from the financial asset expire or are settled; or
- the charitytransfersto anotherpartysubstantiallyall of the risksand rewardsof ownershipof the
financial asset; or
- the charitydespitehavingretainedsomebut not all significantrisksand rewardsof ownership, has
transferred control of the asset to another party.
Financialliabilitiesarede-recognisedonlywhentheobligationspecifiedinthecontract is
discharged, cancelled or expires
2. DONATIONS
Donations
Gift aid
Grants |
£
84,130
10,461
500,700 |
|
595,291 |
continued...
Page 10
MEADS (EASTBOURNE) COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 16 JANUARY 2024 TO 31 MARCH 2025
2.
DONATIONS - continued
Grants received, included in the above, are as follows:
Community Ownership Fund
Eastbourne Borough Council
The John Jackson Trust
Duke of Devonshire Charitable Trust
Chalk Cliff Trust
3.
OTHER TRADING ACTIVITIES
Fundraising events
4.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Room hire
Meads Community Hall
5.
RAISING FUNDS
Raising donations and legacies
Fundraising event costs
6.
CHARITABLE ACTIVITIES COSTS
Support
Direct
costs (see
Costs
note 7)
£
£
Meads Community Hall
9,977
6,424 |
£
450,000
20,700
20,000
5,000
5,000 |
£
450,000
20,700
20,000
5,000
5,000 |
£
450,000
20,700
20,000
5,000
5,000 |
|
500,700 |
|
|
|
|
£
10,745 |
|
|
|
£
2,888
£
3,133
Totals
£
16,401 |
£
2,888 |
|
|
|
£
3,133 |
continued...
Page 11
MEADS (EASTBOURNE) COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 16 JANUARY 2024 TO 31 MARCH 2025
7. SUPPORT COSTS
SUPPORT COSTS |
|
|
|
|
|
|
|
Information |
|
Governance |
|
|
Management |
technology |
Other |
costs |
Totals |
|
£ |
£ |
£ |
£ |
£ |
Meads Community Hall |
1,890 |
2,487 |
367 |
1,680 |
6,424 |
8. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the period ended 31 March 2025.
Trustees' expenses
During the period two trustees were reimbursed expenses as follows:
|
2025 |
|
£ |
Tangible fixed assets |
2,401 |
Other costs |
215 |
|
|
9. INDEPENDENT EXAMINER'S REMUNERATION
The independent examiner's remuneration totalled £1,680 for the period.
10. TANGIBLE FIXED ASSETS
TANGIBLE FIXED ASSETS |
|
|
|
COST
Additions
NET BOOK VALUE
At 31 March 2025 |
Leasehold
property
£
519,694
519,694 |
Plant and
machinery
£
53,133
53,133 |
Totals
£
572,827 |
|
|
|
572,827 |
Leaseholdpropertyrepresentsthe renovationof MeadsHall. The propertywas leasedto the charity
for 99 years under a lease commencing 27 September 2024 for a peppercorn rent.
No depreciationhas been providedas the renovationof the MeadsHall was completedshortly prior
to the end of the period.
continued...
Page 12
MEADS (EASTBOURNE) COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 16 JANUARY 2024 TO 31 MARCH 2025
11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
Prepayments
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Accruals and deferred income |
£
3,244
2,543
2,178
7,965
£
15,026
4,780 |
£
3,244
2,543
2,178 |
|
|
7,965 |
|
19,806 |
|
Deferredincomeas at 31 March 2025 comprisesroomhire depositsof £3,100for bookingsafter the
reporting date.
13. MOVEMENT IN FUNDS
Net
movement
in funds
£
Unrestricted funds
General fund
88,690
Restricted funds
Meads Hall renovation fund
500,700
TOTAL FUNDS
589,390
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
108,224
Restricted funds
Meads Hall renovation fund
500,700
TOTAL FUNDS
608,924 |
Transfers
between
At
funds
31.3.25
£
£
500,700
589,390
(500,700)
-
-
589,390
Resources
Movement
expended
in funds
£
£
(19,534)
88,690
-
500,700
(19,534)
589,390 |
|
|
continued...
Page 13
MEADS (EASTBOURNE) COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 16 JANUARY 2024 TO 31 MARCH 2025
13. MOVEMENT IN FUNDS - continued
Unrestricted funds represent monies given to the charity without restrictions.
Restrictedfundsrepresentmoniesgiventothecharityforaparticularpurpose.Duringthe period
the only such purpose was for the repair and refurbishment of the Meads Community Hall.
Transfers between funds
FollowingcompletionofthesuccessfulrenovationofMeadsCommunityHallinMarch2025, the
restrictedgrantfundsprovidedforthispurposehavebeentransferredtothegeneral funds.
Restrictedfundswereexpendedinfullintheperiod,withtheamountrecognisedwithin fixed
assets.
14. CAPITAL COMMITMENTS
Contracted but not provided for in the financial statements
£
17,844
The aboverepresentsthe costof the remainingpropertyrenovations.The outstandingworksto the
exteriorofthehallwerescheduledaftertheendofaccountingperiodastheycouldnotbe carried
out in the winter months.
15. RELATED PARTY DISCLOSURES
There were no related party transactions for the period ended 31 March 2025.
Page 14
MEADS (EASTBOURNE) COMMUNITY CENTRE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE PERIOD 16 JANUARY 2024 TO 31 MARCH 2025
INCOME AND ENDOWMENTS
Donations
Donations
Gift aid
Grants
Other trading activities
Fundraising events
Charitable activities
Room hire
Total incoming resources
EXPENDITURE
Raising donations and legacies
Fundraising event costs
Charitable activities
Rates and water
Insurance
Light and heat
Property maintenance
Support costs
Management
Postage and stationery
Marketing
Labour
Information technology
IT, website and telephone
Other
Sundries
Carried forward |
£
84,130
10,461
500,700 |
|
595,291
10,745
2,888 |
|
608,924
3,133
82
6,313
1,690
1,892 |
|
9,977
69
1,506
315 |
|
1,890
2,487
205
205 |
This page does not form part of the statutory financial statements
Page 15
MEADS (EASTBOURNE) COMMUNITY CENTRE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE PERIOD 16 JANUARY 2024 TO 31 MARCH 2025
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE PERIOD 16 JANUARY 2024 TO 31 MARCH 2025 |
|
Other
Brought forward
Subscriptions
Governance costs
Accountancy
Total resources expended
Net income |
£
205
162 |
|
367
1,680 |
|
19,534 |
|
589,390 |
This page does not form part of the statutory financial statements
Page 16