## **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 2025 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 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. Approved at Trustees Meeting held on 3[rd] November 2025 Full Name David Harding, Chair of Trustees Meeting Dated 3[rd] November 2025 REF: CC64(C) SEAHAM TOWN PARK RECEIPTS AND PAYMENTS ACCOUNTS CHARITY NAME - SEAHAM TOWN PARK Charlty Commission Reglstered Number: 520568 For the Financial Year Ended: 31st March. 2025 6ection A - Receipts and Payments Unrestricted Funds Restrlctsd Funds Endowment Funds A1-Recelpts Total Funds Last Year Sporting Activities Grant-seaham Town Council VAT Due 12,277 80,000 1,472 12,277 80,000 1,472 10,865 76,500 393 (Gross ncomo or 90, 805 90,805 86, 772 A2-Asset & Investment Sales Sub Total 86.772 Unrestrlcted Funds Restricted Funds Endowment Funds A3-Payments Total Funds Last Year Wages Grounds Maintenance Turf,Top Dressing, Weedkiller EleclGasllWater Business Rates Repairslmaintenan￿-General RepairslMaintenance-Play Equip RepairslMaintenance-Floodlights RepairslMaintenance-Paths Unpresented payments 27,596 6,086 5.519 26,302 2,773 2,854 4.801 10,301 850 27,596 6,086 5,519 26,302 2,773 2,854 4.801 10,301 850 27,996 6,682 4,664 8,819 2,620 13.250 2.745 2,153 9.451 2,234 11 87,082 87,082 76, 145 A4-Assetll nvestment Purchases Playground Sub Total NET RECEI A5-Transfers between funds A6-Cash funds last year end 12,134 12,134 Cash funds this year end 15,856 16,857 Section B-statement of AssetslLiabilities at Year End Unrestricted Funds Restricted Fund5 Categories Details Totsl Funds B1-Cash Funds Bank balance at year end 15,857 15,857 Total Cash Funds (Agree balances with receipts and payments accounts) 15,857 15,857 Unrestricted Funds Restricted Funds Endowment Funds Categories Details B2-Other Monetary Assets Not Applicable un which Asset Belongs urren Cost {Optlonal) Value (Optional) Categories Detalls B3-Investment Assets Not Applicable un to which Asset Belongs urren Cost (Optlonal) Value (Optional) Categories Details 84-Assets Retai ned for the Charity's Own Use Land Bowls Pavilion Football Stands Football Changing Rooms Cricket Score Box Red Star Building Play Equipment Restricted Restricted Restricted Restricted Restricted Restricted Restricted NIA NIA NIA NIA NIA NIA NIA NIA NIA NIA NIA NIA NIA NIA un which Liability Belongs Amount due (optional) When due (Optlonal) Categorles Details B5-Liabilities Nol Applicable Report to the Trustees of Seaham Town Park On the accounts for the year ended 31 St March 2025 20th October 2025 1. Respective responsibilities of trustees and examiners The charty's trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the Act> as amended by s.28 of the Charities Act 2006) and that an independent examination is needed. It is my responsibility to.. examine the accounts (under section 43 of the Act. as amended). to follow the procedures laid down in the General Directions given by the Charity Commission (under section 43(7)(b) of the Act, as amended), and to state whether particular matters have come to my attention. 2. Basis of independent examiner's statement My &Yamination was carried OLrt in accordan￿ 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 wRth 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 I do not express an audit opinion on the accounts. 3. Independent examiner's statement In the course of my examination, no matter has come to my attention and I confirm that: The trustees have met the requirements regarding: proper accounting records being kept (in accordan￿ with section 41 of the Act),. and accounts are being prepared which agree with the accounting records and comply with the accounting requirements of the Act. Signed Date: 20th October 2025 GORDON FLETCHER {C.M.I.I.A.) Audltor for Seaham Town Council