Company Registration No. 7335791 (England and Wales)
The Eastbourne Society
Unaudited accounts
for the year ended 31 December 2024
The Eastbourne Society
Unaudited accounts
Contents
The Eastbourne Society
Company Information
for the year ended 31 December 2024
Directors
Peter Austin
Richard Crook
Nicholas Howell
Christopher Leach
John Swingland
Brian Murphy
Terrie Rintoul
Colin Russell
John Minnis
Sandra Medway
Company Number
7335791 (England and Wales)
Registered Office
Eastbourne Heritage Centre
2 Carlisle Road
Eastbourne
East Sussex
BN21 4JJ
UK
The Eastbourne Society
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
31,871
43,505
Creditors: amounts falling due within one year
(2,155)
(279)
Net current assets
32,876
45,672
Profit and loss account
32,876
45,672
Shareholders' funds
32,876
45,672
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 April 2025 and were signed on its behalf by
Brian Murphy
Director
Company Registration No. 7335791
The Eastbourne Society
Notes to the Accounts
for the year ended 31 December 2024
The Eastbourne Society is a private company, limited by shares, registered in England and Wales, registration number 7335791. The registered office is Eastbourne Heritage Centre, 2 Carlisle Road, Eastbourne, East Sussex, BN21 4JJ, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared in accordance with the charity's constitution, the Companies Act 2006, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102). The charity is a public benefit entity as defined by FRS102.
The accounts are presented in £ sterling.
At the time of approving the accounts, the trustees have reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees' continue to adopt the going concern basis of accounting in preparing the accounts.
Despite the pandemic causing the ceasing of all fund raising activities including closure of the Heritage Centre for the majority of the year, the trustees are satisfied that the charity has sufficient reserves to continue to meet all its financial obligations for the next twelve months.
Donations, legacies and other foms of voluntary income are recognised as incoming resources when received. Life membership is included in the SOFA at 12.5% each year on a reducing balance.
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subject to restrictions on their expenditure imposed by the donor.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% on a straight line basis
Fixtures & fittings
25% on a straight line basis
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The Eastbourne Society
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2024
13,343
6,646
19,989
At 31 December 2024
13,343
6,646
19,989
At 1 January 2024
13,343
6,646
19,989
At 31 December 2024
13,343
6,646
19,989
Amounts falling due within one year
Accrued income and prepayments
3,160
2,446
6
Creditors: amounts falling due within one year
2024
2023
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).