JONES MEMORIAL RECREATION GROUND Charity Registration No 266261 ANNUAL REPORT & ACCOUNTS YEAR ENDED 31st MARCH 2025
JONES MEMORIAL RECREATION GROUND Charity Registration No 266261 Year Ended 31" March 2025 Content5 Trustee's Annual Report Statement of Trustees, Responsibilities Independent Examinerfs Report ststement of Financial Activities Balance Sheet Notesto the Accounts
JONES MEMORIAL RECREATION GROUND Charity Registration No 266261 st Year Ended 31 March 2025 Trustee's Annual Report The Trustee is pleased to present their report and accounts for the year ended 31 March 2025. The accounts have been prepared in accordance with the accountinE policles set out in note 2 to the accounts and comply with the Trust's governing document, the Charities Act 2011 and the Statement of Recommended Practice, Charities SORP IFR51021. ObJertNes and artlvlties The provision and maintenance of a recreation ground for the benefit of children and young persons who have not reached the age of 25 years and are resident in the Distrlct Isic] of Southend-on-Se3, Without distinction of political. religious, or other opinions. Jones Memorial Ground was given under trust to the Borough15icI Council of Southend-on-5ea by Robert Arthur Jones. in memory of hls wife Emma Julia Jones, in 1913 for use as a recreation or sports ground for the use of chlldren attending elementary schools within the 8orough15icI. In 1923, Robert Jone5 gave an additional area of land to the trust, due to the rapid growth of the Borough 15icI and the need for additlonal playing space for children. The recreation ground cover5 an area of approximately 15 acres and is regarded as an important asset, located within a socially deprived area of the town. The land shall be held upon trust for use for the object of the Charity. The following facilities are currently provided at the ground: Sport pitches six football pitches for use for junior football. Playground a large outdoor play area exists with modern play equipment. Toilet Block built by the Borough Isicl Council in 1993 at a cost of £25,000, including provision for the disabled. The ownership of the toilet block was not transferred to the Trust. The recreation ground is admlnlstered and maintained for the object5 set out in its governing document by the City Council, which meets any deficit incurred each year on operating the facility. The Trustees in makin£ decisions about the Twst make those decisions with due regard to the objects of the Trust. They also have due regard to their legal duty to carry out the Trust's charitable purposes for the Public Benefit and the Charity Commission5' guidance thereon.
JONES MEMORIAL RECREATION GROUND Charity Registratlon No 266261 Year Ended 31" March 2025 Achlevements and performance Jones Memorial Recreation Ground is currently maintained to allow the purposes in its Goveming document set out below to take place during the financial year 2024-25. The Trust generated facilities hlre income in 2025 of E4,55112024.' £10.3251. The Recreation Grounds pedestrian walkways, green 5pace5 and car park remalned open for all members of the public to make use of for exercise. The Trustee considers that the performance of the charity during the year was good. Plans for the future The Trustees intend to continue with the current activity and maintain the standard5 of Jone5 Memorial Recreation Ground. Financlal review The cost of maintaining the recreation ground exceeded the net income from trading activities and the operating deficit of £41,13712024: £50.2371 has been funded from the Southend City Council General Fund, by a donation to the charity. Reserves Pollry The trust does not need to hold reserves as any deficit which arises on the operation of the trust, should the trust have no funds to meet it, is funded by Southend on Sea City Council, which Is sole trustee of the trust. The restritted reserve currently held of £146,74012024'. £139,889> represents the value of the former groundsman's house which was 501d in 1993, plus interest accrued thereon. The use of this reserve would require the agreement of the Charity Commissioners, Golng concern Jones Memorial Recreation Ground meet5 the deflnltion of a public benefit entity under FRS102. There are no material uncertainties about the charity's ability to continue as a going concern. Structure. governance and management Governing document5 The Trust's Governing document 15 in the form of a Scheme sealed on 21 November 1974. Trustee recruitment ond training Southend City Council elected members are corporate Trustees. Therefore. Councillors once elected become a corporate Trustee of the Trust.
JONES MEMORIAL RECREATION GROUND Charity Registration No 266261 Year Ended 31. March 2025 RlskAssessment The city council, when carrying out risk assessments for its own activities, includes Wlthin the assessment the activitie5 of the trust. so any major risks applicable to the trust are covered by the council arranging appropriate insurance or having in place strategies to cover other contingencies. Reference and admln15tratlve details Trustee Southend-on-sea City Council Setretary/Treosurer to the Trust Southend-on-sea City Council Address Civic Centre Victoria Avenue Southendn-5ea Essex SS2 6ER Independent Examiner TC Group The Courtyard Shoreham Road Upper Beeding Steyning West Sussex BN44 3TN
JONES MEMORIAL RECREATION GROUND Charity Registration No 266261 Year Ended 31" March 2025 Statement of Trustees. Responsibilities The Trustees are responsible for preparing accounts whlch give a true and fair view of the state of affairs of the Charity as at the end of each financial year and the income and expenditure of the Charity for that period. In preparing those accounts, the Trustees are required to: Select suitable and applicable accounting policies and then apply them consistently Make judgement and estimates that are reasonable and prudent Prepare the financial statements on a going concern basis unless it is Inappropriate to presume that the organisation will continue in business The Trustees are also responsible for keeping proper accounting records which disc105e with reasonable accuracy at any time the financial position of the Charity and enable it to ensure that the financial statements comply with charity legislation and the relevant governing instruments. They are responsible for safeguarding the Charity's assets and hence for taking reasonable step5 for the prevention and detection of fraud and other irregularities. Results The Trust's financial results are as per the annexed accounts. By order of the Trustees Signed og Ckeitérton Joe Chesterton (Jan 27, 2D26 16.'44:43 GMT) Joe Chesterton, Executive Director (Finance & Resources) Date 27101126
JONES MEMORIAL RECREATION GROUND Charity Reglstration No 266261 Year Ended 31, March 2025 Independent ExamFnerfs Report I report on the accounts of the Trust for the year ended 31# March 2025, which are set out on pages 6 to 13. Responslbllltles and basls of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance wlth the requirements of the Charitie5 Act 20111'the Act'l. I report in respect of my examination of the TrusV5 accounts carried out 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 sectlon 14515llbl of the Art. Independent examinerf5 statement I have completed my examination. I confirm that no material matters have come to my attention in connertion with the examination giving me cause to believe that in any material respect: l. 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 record5; or 3. the accounts do not comply with the applicable requlrement5 concerning the form and content of accounts set out in the Charities IA¢counts and Reports) Regulations 21Y)8 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. 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, Mark Cummlns FCCA FCIE For and on behalf of TC Group Office: Steyning, West Sussex Dated.. 24 ?cR6
JONES MEMORIAL RECREATION GROUND Charity Registration No 266261 Year Ended 31. March 2025 Statement of Finanaal Activltles 2024125 Unrestrirted Restrlcted 2024125 2024125 2024125 Total 2023124 Total Endowment Funds Fund5 Funds Funds Funds IoMe From Donations Investments Charitable activities Total Income 41,137 41.137 6,851 4,551 52,539 50,237 6,769 10.325 67,331 6.851 4,551 45.688 6.851 Expenditure on Charitable activities Total expenditure 45.688 45.688 45,688 45,688 60,562 60.562 Net income/expenditure and net movement in funds 6,851 6,851 6,769 Reconcillation of Funds Total funds brought forward Total funds carried forward 139,889 146,740 22,254 162.143 22.254 168,994 155,374 162.143 All income and gains for the year are recognised on the statement of financial activities. All the Charlty's activities are classified as continuing.
JONES MEMORIAL RECREATION GROUND Charity Registration No 266261 St Year Ended 31 March 2025 Balance Sheet 2024125 Total Fund5 2023124 Total Funds Note Flxed Assets Tangible Assets 22,254 22,254 Total Fixed Assets 22.254 22,254 Current Assets Cash at bank and in hand 147,690 140,729 Total Current Assets 147,690 140,729 Llabilities Creditors: Amounts falling due within one year (950) 18401 Net current assetsllliabilitiesl 146,740 139,889 Totsl assets less current liabilities 168,994 162,143 The funds of the charity Endowment funds Restricted funds 22,254 146,740 22,254 139,889 io Total charity funds 14 168.994 162,143 Approved by the Trustee and signed on its behalf by an authorised signatory. Sned oe CkeJèektoh Joe Chesterton (Jan 27, 2026 L6..44:43 GMTI Joe Chesterton. Executive Director (Finance & Resources) Southend on Sea Borough Council for the Trustee 27101126 Date
JONES MEMORIAL RECREATION GROUND Charity Registration No 266261 Year Ended 31. March 2025 Notes to the Accounts Note l Legal Status Jones Memorial ReCation Ground is an unincorporated charity registered in England and Wales (charity number 2662611. Note 2 Accounting Policles Basls of preparation The accounts have been prepared in accordance with Accounting and Reporting by Charities: Ststement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective l January 20191- (Charities SORP {FRS 1021), and the Charities Act 2011. Jones Memorial Recreation Ground meets the definition of a publlc benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notelsl. There are no material uncertainties about the charity's ability to continue as a going concern given the support provided by Southend City Council. The financial statements are prepared in Pound5 Sterling. which 15 the functional currency of the charity. Monetary amounts in these financlal statements are rounded to the nearest pound. Cash Flow Statement In accordance with the Charities SORP IFRS 1021 the charity is claimin8 exemption frorn the requirement to prepare a cash flow statement on account of it being a small charity. Income Donatlons and other forms of voluntary income are recognised as incoming resources when receivable. except insofar as they are incapable of financial measurement. Charitable activitie5- represent income from rent and are recognised when receivable. Investment Income is accounted for when receivable. Expenditure Expenditure is accounted for on an accruals basis exclusive of the element of VAT which is recoverable by Southend City Council in accordance wlth VAT Notice 749 para 7.5. Charltable expenditure comprise5 those costs incurred by the charity in the delivery of its activities and services for its beneficiaries.
JONES MEMORIAL RECREATION GROUND Charity Registration No 266261 Year Ended 31" March 2025 Note 2 Accountlng Policles (contlnued) Tangibleflxed ossets and depreciation Tangible fixed assets are capitalised at cost. Land is not depreciated. Buildings are depreciated on straight line basis over a period from 12 to 25 years. Cosh at bank and In hand Cash at bank and in hand includes cash and short term highly liquid investments. No separate bank account is maintained by the Trust. therefore all income and expenditure passes through the City Council's account, and its cash balances are held within the City Council's general bank account. Credltors ond pmvisions Creditors and provisions are recogni5ed where the charity has present obligation resulting from a past event that will probably result in a transfer of funds to a third party and the arnount due to settle the obligation can be measured or estimated reliably. Criticol occountinq estimotes ond judgements In the application of the charity's accounting policies. the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Artual results may differ from these estimates. The estimates a nd underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimate5 are recognised in the period in which the estimate is revised. The trustees do not consider that there are any critical estimates or areas of judgement that need to be brought to the attention of the readers of the financial statements. Note 3 Income from Donations Oonations of £41,13712024: £50,237) were received from Southend City Council a5 the funding required to make up the operational deficit for the year. This donation is equitably apportioned across all operational trust expenditure. Included in the donation of £41,137 are the followin8 donated services: 2025 2024 Employees- seconded staff Administration 15,872 494 15,452 416 16.366 15,868 Note 4 Income from Investments The investment income of £6,85112024: £6,769) relates to the interest recelved in respect of the cash deposited with Southend City Council.
JONES MEMORIAL RECREATION GROUND Charity Registration No 266261 st Year Ended 31 March 2025 Note 5 Income from Charitable ktlvltles 2025 2024 Facilitie5 Hire 4.551 4.551 10,325 10.325 Note 6 Cost of Charitable Acttv5ties 2025 2024 Employees Building/Ground Maintenance Transport Utilities Insurance Supplies & Services Governance costs Administration 17,628 16,746 317 2.939 3,100 3,459 950 549 45,688 18,627 17,963 330 6,496 2,250 13,555 501 60,562 The support costs incurred are the administration services provided by Southend City Covncil and governance costs. Total support costs for the year were £1.49912024: £1,341). Governance costs comprise solely of fees paid to independent examiners. During the year £95012024: £8401 was paid to the independent examiner in respect of examination services. Employee costs relate to employees of the Council. No staff were remunerated over £60,0 in the year. The charity is managed by Southend City Council and doesn't have any key management personnel. io
JONES MEMORIAL RECREATION GROUND Charity Registration No 266261 Year Ended 31" March 2025 No* 7 Flxed Assets Freehold Land & Bulldings Asset cost, valuatlon or revalued amount Balance as at 01104124 and 31103125 44,908 Accumulated depCIatIOn and impairment revlews Balance as at 01104124 and 31103125 22,654 Net Bookvalue Brought forward @ 01104124 Carried forward @ 31103125 22,254 22,254 The balance of £22,254 is in relation to land which does not get depreciated. Note 8 Creditors Amounts falling due within one year 2025 2024 Other Creditor5 950 840 Note 9 Endowment fund The endowment fund is the result of the orlglnal land endowed by M r Jones. Note 10 Restricted fund The restricted reserve represents the value of the former groundsman's house which was sold in 1993, plus interest accrued thereon. The use of this reserve would require the agreement of the Charlty Commissioners. Note 11 Trustee remuneration No trustee was paid in respect of their services as a trustee in 2024 or 2025 and no expenditure was reimbursed. li
JONES MEMORIAL RECREATION GROUND Charity Registration No 266261 st Year Ended 31 March 2025 Note 12 Related Party Transartions During the year the trustee (Southend City Counclll donated £41,13712024: £50,237) to the Trust in respect of the funding required to cover the operational deficit for the year. Southend City Council collected a further £11,40212024.- £17.0941 on behalf of the Trust in respect of income generated from facilities hire and interest earned on cash balance& The Trust paid the Council £44.738 in respect of operating costs for the year12024'. £59,221). Note 13 Comparative Funds 2023/24 2023/24 2023124 Unrestritted Restricted Endowment Funds Funds Funds 2023124 Total Funds Income From Donatioris 50,237 50.237 6,769 10,325 Investments 6,769 Charitable activities 10,325 60,562 Total Income 6,769 67,331 Expenditure on Charitable activlties 60,562 60,562 60,562 60,562 Total expenditure Net income/expenditure and net movement in funds 6,769 6.769 Reconc1113tlon of funds Total funds brought forward Total funds carried forward 133,120 22,254 22,254 155,374 I3989 162,143 12
JONES MEMORIAL RECREATION GROUND Charity Registration No 266261 st Year Ended 31 March 2025 Note 14 Net A55et5 Between Funds Yeor Ending 31st March 2025 Unrestrirted Restiitted Endowment Total Fixed Assets 22,254 22,254 147.690 19501 168,994 Current Assets 950 146,740 Current Liabilltles {950) Total 146,740 22,254 Year Ending 31st Morch 2024 Unrestricted Restrkted Endowment Totsl Fixed Assets 22,254 22,254 140,729 (8401 162,143 Current Assets 139,889 Current Liabilities 18401 Total 139,889 22,254 13