## **TRUSTEES’ ANNUAL REPORT** ## **(Accompanying Receipts and Payments Accounts)** ## **SECTION 1 Legal and Administrative Information** Charity Name Seaham Town Park Charity Commission Number 520568 For the Year Ended 31[st] March 2021 Charity’s principal address Seaham Town Council Town Hall Stockton Road Seaham Co Durham SR7 0HP Governing Document Transfer document dated 1[st] October, 1993 Objects of the charity To hold the land/property in perpetuity as a recreational facility for the benefit of the townspeople of Seaham. Specific Investment powers There are no specific investment powers available to the trustees. Professional Advisers N/A **SECTION 2 Trustees and Governance** Sole Trustee Seaham Town Council Names of the charity’s Custodian trustees Not Applicable. ## **SECTION 3 Activities and Achievements** Charity’s activities and achievements during the year. The park continues to be well used by the community as the major open space in this area of Seaham. Many sports groups use the park as their home ground including:- Football - Red Star Football Club plus 4 junior football teams Bowls – Men’s and Ladies Bowls Clubs Cricket – numerous teams of a variety of age groups ## **SECTION 4** ## **Policies** Charity trustees should give in their report a description of the policies that they have adopted. Reserves Policy The Trust has no reserves policy. Grant-making Policy The Trust has a policy of trying to access external grants/funding opportunity whenever practical. Any grants obtained will be utilised for the benefit of improvements to recreation facilities and on revenue costs associated therewith. Investments selection policy There is no such policy. The reason is because there is never likely to be any investments to utilise. Review of major risks Major problems with deteriorating buildings/infrastructure. Concerns about the future and possible demise of some of the user clubs. Expenditure rising rapidly to such high levels that the long term future of the recreational facilities and park cannot be sustained. ## **SECTION 5 Signature and Declaration** Declaration I declare, in my capacity of charity trustee, that: - The trustees have approved the report above; and - Have authorised me to sign it on their behalf. Signature ……………………………………………………………………. Full Name ……………………………………………………………………. Position (Chair) ……………………………………………………………………. Dated …………………………………… REF.. CC64ICI SEAHAM TOWN PARK RECEIPTS AND PAYMENTS ACCOUNTS CHARITY NAME - SEAHAM TOWN PARK Charity Commission Registered Number: 520568 For the Financlal Year Ended: 31st March. 2021 Q?ction A- Receipts and Payments Unrestricled Funds Restrlcted Funds Endowm8nt Funds A1-Recelpts Total Funds Last Year Sporting Activities Grant-seaham Town Council Annual Fee (10%) (Gross Inc￿Me forAR) 1,880 So.￿0 1,880 50,000 8,967 53,600 2,600 65, 167 51,880 51,880 A2-A888t & Invo$lment SaleB Sub Total owmen Funds A3-Paym•nts Funds Funds Total Fund8 Last Year Wages Grounds Maintenance Turf,Top Dressing, W8edkiller CCTV Running Costs EleclGa8llWater Business Rates RepairslMaintenance-General RepairslMaintènance-Play Equip Repair8lMaintenance-Floodlights Refunds-sports Fees GrasslRubber Matting-Bowls la￿ Wooden Fence-Bow18 24.938 5.535 2,635 2,790 10,302 24,938 5.535 2,635 2,790 10,302 24,996 3,199 5,319 1,674 8,269 4,510 1,664 693 1,062 3,884 4,521 2,163 1.870 4.521 2,163 1,870 3,545 2,526 57.457 63.481 63,481 A4-AsseVlnveslment Purcha•e8 Playground Sub Tot81 A5-Transfers between funds A6-Ca$h funds last year end 16.057 16,057 Cash funds this year end 4,456 4.456 Section B-statement of AssetslLiabilities at Year End UnroStri¢ts Funds estri Fund8 Categories Oetalls Total Funds B1£osh Funds Bank balance at year end 4.456 4,456 Total Cash Funds {Agw bal9r￿ with rewpts and paJThents ￿nts) 4456 4,456 nrestnct Funds 88trict Funds owment Funds Calogories Detalls B2.Other Monetary Assats Not Applicable un which Asset Belong8 urrent Value (Optlonal Cost Ioptionall Categorles Deta118 83-Inve•lment Assets Not Applicable und to whlch Asset Belong8 Current Value {Optlonal) Cost (Optlonal) Categorle8 Dotsl Awdets R•taln•d for the CharW8 Own U•e Land Bowls Pavillon Football Stands Football Changing Rooms Cricket Score Box Red Stsr Building Play Equipment Restricted Restricted Restricted Restricted Restricted Restricted Restricted NIA NIA NIA NIA NIA NIA NIA NIA NIA NIA NIA NIA NIA NIA Fund to which Llablllty Belongs Amount due (opdonal) When due {Optional) Catggorfes Detalls B5llabllltle8 Nol ApplirAble Report to the Trustees of Seaham Town Park On the accounts for the year ended 318t March 2021 28th July 2021 1. Respective responsibilities of trustees and examiners (qnjer secticjn 43{2) 01 the Act 1993 (th& kt) 88 amwKled by s28 exam1Tr8 tho a￿nts So(1k￿ 43 a8 *nond&d). to frJlltrAT the wrK•dur88 la&1 kn the Gonèrnl Dli8ctiw by thè Charty <￿1￿ 8e(thn 4WXb) Of1￿ A¢ a8 aiiwthd). aNI 2. Basis of independent examlnerfs statement by th8 Comm￿*#￿ An oxaminalknn Includea a revlew of the 8t￿￿11￿) racud8 kept by th• thaty aNI a th& actoun18 e8ented wrfh th088 r￿•￿Is. It a180 knckth8 crmBkJ8ralbn of ￿Y ￿￿SU81 ovkle all tho MMJkJ ￿ rwed kn an and oxwuenty i 3. Independent examlnerfs statement 3.1 In the oiur80 of my •xamknalion, no ha8 c¢m• lo my attanticn and I of the Act); and Dakn: 28th Juty 2021 GORDON FLETCHER {C.MJ.IA) Audltor for Skn T(p•m Coundl