vicroRY SPORTS GROUND
Charity Registration No 803621
ANNUAL REPORT & ACCOUNTS
YEAR ENDED 31" MARCH 2024

vicroRY SPORTS GROUND
Charity Registration No 803621
Year Ended 31 March 2024
Contents
Trustee's Annual Report
Statement of Trustees. Responsibilities
Independent Examinerfs Report
Statement of Financial Activities
Balance Sheet
Notes to the accounts

VICTORY SPORTS GROUND
Charity Registration No 803621
Year Ended 31" March 2024
Trustee's Annual Report
The Trustee is pleased to present their report and accounts for the year ended 31 March 2024.
The accounts have been prepared in accordance with the accounting policies set out in note 2 to the
accounts and comply with the Trust's governing document, the Charities Att 2011 and the Statement of
Recommended Practice, Charities SORP {FR5102).
Objertives and artivities
A public park to be known as the 'Virtory Sports Gmund" for the benefit of the
inhabitants of the Borough of Southend-on-sea and the recreation of the public.
The sport ground, in addition to providing a general recreational area, contains football and cricket pitches.
which are hired by teams throughout the year.
The old pavilion on the ground, which provided changing accommodation and a tea bar. was destroyed by
fire in 1995. A new pavilion was constructed by Southend ￿tY Council and was ready for the 199718
football sea50n.
The sports ground is administered and maintained for the objects set out in its governing document by the
City Council, which meets any deficit incurred each year on operating the facility.
The Trustees in rnaking decisions about the Trust 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 Trusys charitable purposes for the Public
Benefit and the Charity Commissions. guidance thereon.
Achlevements and performan
Victory Sports Ground is currently maintained to allow the purposes in its Governing document set out
below to take place during the financial year 2023-24.
Victory Sports Ground's field remained open for all members of the public to make use of.
The Trustee considers that the performan￿ of the charity during the year was satisfactory.
Plans for the future
The Trustees intend to continue with the current activity and maintain the standards of Victory Sports
Ground.

vicroRY SPORTS GROUND
Charity Registration No 803621
Year Ended 31" March 2024
Financial review
The cost of maintaining the sports ground exceeded the net income from trading activities and the deficit
of £38,118 {2023 £27,406) has been funded from the Southend City Council General Fund, by a donatlDn to
the charity.
Reserves Policy
The trust does not need to hold reser¥es 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.
Going concern
Virtory Sports Ground meets the definition of a public benefit entity under FRS102. There are no material
uncertainties about the charitVs ability to continue as a going concern.
Structure, governance and management
Governing documents
The Trust's Governing document is in the form of an Indenture signed on 30 September 1921.
Trustee recruitment and tralnlng
Southend City Council elected members are corporate Trustees. Therefore Councillors once elected
become a corporate Trustee of the Trust.
RNskAssessment
The city council, when carrying out risk assessments for its own activities, includes within the assessment
the activities 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.

VICTORY SPORTS GROUND
Charity Registration No 803621
Year Ended 31° March 2024
Reference and administrative details
Trustee
Southend-on-sea City Council
Secretary/Treasurer to the Trust
Southend-on-sea City Council
Address
Civic Centre
Victoria Aventje
Southend-on-sea
Essex
S52 6ER
Independent Exominer
TCGroup
The Courtyard
Shoreham Road
Upper Beeding
Steyning
West Sussex
BN44 3TN

VICTORY SPORTS GROUND
Charity Registration No 803621
st
Year Ended 31 March 2024
Statement of Trustees, Responsibillties
The Trustee5 are responsible for preparing accounts which 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 or8anisation will continue in business
The Trustees are also responsible for keeping proper accounting records which disclose 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 Charitvs assets and hence for taking reasonable steps 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
J Chesterton (Feb 10, 2025 13.'48 GMT)
Joe Chesterton. Executive Director (Finance & Resources)
Date Feb 10, 2025

vicroRY SPORTS GROUND
Charity Registration No 803621
Year Ended 31. March 2024
Independent Examinerfs Report
I report on the accounts of the Trust for the year ended 31 March 2024, which are set out on pages 6 to
11.
Responslbllltles and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance
with the requirements of the Charities Act 2011 ('the Act,).
I report in respect of my examination of the TrLb5Ys 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 section 145(5}(b) of the Act.
Independent examlnerfs statement
I have completed my examination. I confirm that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect-
l. accounting records We￿ 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.
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 Cummins FCCA FCIE
For and on behalf of TC Group
Office: Steyning, West Sussex
Dated:

vicroRY SPORTS GROUND
Charity Registration No 803621
Year Ended 31, March 2024
Statement of Financial Activities
2023124
2023124
Unrestricted Endowment
2023/24
Total
2022123
Total
Funds
Funds
Funds
Funds
Note
Income From
Donations
38,118
55
38.118
55
27,581
21
Investments
Charitable activities
8,604
46.777
9,418
37.020
Total Income
46.777
Expenditure on
Ch3rit3 ble activities
46.777
46,777
46.777
46.777
37,020
37,020
Total expenditure
Net income/expenditure & net
movement in funds
Reconciliation of Funds
Total funds brought forward
Total funds carried forward
10.421
10.421
10.421
10.421
10,421
10,421
All income and gains for the year are recognised on the statement of financial activities. All the Charity's
activities are classified as continuing.

vicroRY SPORTS GROUND
Charity Registration No 803621
Year Ended 31, March 2024
Balance Sheet
2023124
Total
Funds
2022123
Total
Funds
Fixed Assets
Tangible Assets
Total Fixed Assets
10.01
10.000
10,000
10,000
Current Assets
Cash at bank and in hand
1.261
1.261
1,081
1,081
Total Current Assets
Liabllltles
Creditors: Amounts falling due within one year
Net current assets
{840)
421
(660)
421
Total assets
10.421
10,421
The funds of the charity
Endowment funds
Total charity funds
10
10.421
10.421
10,421
10,421
Approved by the Trustee and signed on its behalf by an authorised signatory.
Signed
tekto
J Chesterton (Feb 10, 2025 13:48 GMT)
Joe Chesterton. Executive Director {Finance & Resources)
Southend on Sea City Council for the Trustee
Date Feb 10, 2025

VICTORYSPORTS GROUND
Charity Registration No 803621
Year Ended 31" March 2024
Notes to the accounts
Note l Legal Status
Victory Sports Ground is an unincorporated charity registered in England and Wales {charity number
803621).
Note 2 Accountlng Policies
Bosis of preporation
The accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of
Recornmended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {effective l January 2016) -
(Charities SORP (FRS 102)), and the Charities Act 2011.
Victory Sports Ground meets the definition of a public 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 note(s). There are no material uncertainties about the charity's ability to continue as a
going concern given the continued support of Southend City Council.
The financial statements are prepared in Pounds Sterling, which is the functional currency of the charity.
Monetary amounts in these financial statements are rounded to the nearest pound.
Cash Flow St(rtement
In accordance with the Charities SORP (FRS 102) the charity Is claiming exemption from the requirement to
prepare a cash flow statement on account of it being a small charity.
Income
Donations and other forms of voluntary income are recognised as incoming resources when receivable,
except insofar as they are incapable of financial measurement.
Charitable activities - represent income from rent and are recognised when receivable.
Investment income is accounted for when receivable.
Expenditure
Expenditure is accounted for on an accruals basi5 exclusive of the element of VAT which is recoverable by
Southend City Council in accordance wsth VAT Notice 749 para 7.5.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and
services for its benef ici3 ries.
Tangiblefixed assets ond depreciotion
Tangible fixed assets are capitalised at cost. Land is not depreciated.

vicroRY SPORTS GROUND
Charity Registration No 803621
Year Ended 31 March 2024
Note 2 Accounting Policies (continued)
Cash 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 TfU5t, therefore all income and expenditure passes through the City Council'5 account,
and its cash balances are held within the City Council's general bank account.
Creditors and provisions
Creditors and provisions are recognised 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 amount due to settle the
obligation can be measured or estimated reliably.
Criticol accountlng estlmotes and 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 source5. The estimates and associated assumptions are based on historical experience and
other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates 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 Donatlons
Donations of £nil (2023 £175) were received from the public. Donattons of £38,118 (2023 £27,406) were
from Southend City Council as 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
£38,118 are the following donated services:
2024
2023
Employees- seconded staff
Administration
12.837
408
10,637
329
13.245
10,966
Note 4 Income from Investments
Investment income is from interest earned on the cash balances held.

VICTORY SPORTS GROUND
Charity Registration No 803621
Year Ended 31" March 2024
Note 5 Income from Charitable Activities
Charitable trading activity
2024
2023
Facilities Hire
9,418
9,418
Note 6 C05t of Charitable Activities
2024
2023
Employees
Building/Ground Maintenance
Uti lities
15.753
15,770
4.672
290
14.277
16,573
945
Transport
Insurance
86
1.100
7.851
840
501
903
Supplies & Services
Governance costs
Administration
3,135
660
441
46.777
37,020
The support costs incurred are the administration ser¥I￿S provided by Southend City Council and
governance costs. Total support costs for the year were £1.341 (2023: £1.101).
Governance costs comprise solely of fees paid to independent examiners. During the year £840 {2023:
£660) was paid to the independent examiner in respect of examination services.
Employee costs relate to employees of the Council.
No staff are remunerated over £60,000 in the year.
The charity is managed by Southend City Council and doesn't have any key management personnel.
10

vicroRY SPORTS GROUND
Charity Registration No 803621
Year Ended 31" March 2024
Note 7 Fixed A55ets
Freehold
Land
Asset C05t. valuation or revalued amount
Balance as at 01104123 and 31103124
10.000
Accumulated depreciation and impalrment reviews
Balance as at 01104123 and 31103124
Net Book Value
Brought forward @ 01104123
Carried forward @ 31103124
10,000
10,000
Note 8 Creditors
Amounts falling due within one year
2024
2023
Other Creditors
840
660
Note 9 Comparative Funds
All incorne and expenditure in 2023/24 was unrestricted.
Note 10 Endowment Fund
The endowment fund has arisen as a result of the original donation of the land.
Note 11 Trustee remuneration
No trustee w35 paid in respert of their services as a trustee in 2023 or 2024 and no expenditure was
reimbursed.
Note 12 Related Party Transartions
During the year the trustee (Southend City Council) donated £38,118 (2023: £27,406) to the Trust in
respect of the funding required to cover the operational deficit for the year. Southend City Council
collected a further £8,604 (2023: £9,418) on behalf of the Trust in respect of income generated from
facilities hire and interest earned. The Trust paid the Council £45,436 in respect of operating costs for the
year {2023: £36,359).
11