IRIS Accounts Production v18.3.1.65 Other Company accounts True False Pounds 1.7.17 30.6.18 30.6.18 FY Mr. D E Sallows R Batey Mr. D E Sallows FRS 102 Unaudited Large and medium-sized companies regime for accounts Full Charities SORP True True True False True False True iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure058458292017-06-30058458292018-06-30058458292017-07-012018-06-30058458292016-06-30058458292016-07-012017-06-30058458292017-06-3005845829ns0:CharitableCompanyLimitedByGuarantee2017-07-012018-06-3005845829ns15:PoundSterling2017-07-012018-06-3005845829ns0:Trustee12017-07-012018-06-3005845829ns0:Trustee62017-07-012018-06-3005845829ns11:FRS1022017-07-012018-06-3005845829ns11:AuditExempt-NoAccountantsReport2017-07-012018-06-3005845829ns11:LargeMedium-sizedCompaniesRegimeForAccounts2017-07-012018-06-3005845829ns11:FullAccounts2017-07-012018-06-3005845829ns11:CharitiesSORP2017-07-012018-06-3005845829ns16:EnglandWales2017-07-012018-06-3005845829ns11:RegisteredOffice2017-07-012018-06-3005845829ns0:Trustee22017-07-012018-06-3005845829ns0:Trustee32017-07-012018-06-3005845829ns0:Trustee42017-07-012018-06-3005845829ns0:Trustee52017-07-012018-06-3005845829ns0:Trustee72017-07-012018-06-3005845829ns0:Trustee82017-07-012018-06-3005845829ns11:CompanySecretary12017-07-012018-06-3005845829ns0:Activity102017-07-012018-06-3005845829ns0:Activity102016-07-012017-06-300584582922017-07-012018-06-3005845829ns0:TotalUnrestrictedFunds2017-06-3005845829ns0:TotalUnrestrictedFunds2018-06-30
REGISTERED COMPANY NUMBER: 05845829 (England and Wales)
REGISTERED CHARITY NUMBER: 1118606











REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE
YEAR ENDED 30TH JUNE 2018
FOR
1066 SPECIALS
Gibbons Mannington & Phipps LLP
Chartered Accountants
20 Eversley Road
Bexhill-on-Sea
East Sussex
TN40 1HE









1066 SPECIALS
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2018










Page

Report of the Trustees 1 to 2

Statement of Financial Activities 3

Balance Sheet 4

Notes to the Financial Statements 5 to 7

1066 SPECIALS
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30TH JUNE 2018
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present
their report with the financial statements of the charity for the year ended 30th June 2018. The
trustees have adopted the provisions of 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 (FRS 102) (effective 1
January 2015).

OBJECTIVES AND ACTIVITIES
Objectives and aims
The Charity's objective is the promotion of community participation in healthy recreation particularly
for the disabled community of East Sussex by the provision of facilities for playing Association
Football.

Public benefit
The trustees have complied with their duty in the Charities Act to have due regard to guidelines issued
by the Charity Commission on public benefit.

ACHIEVEMENT AND PERFORMANCE
The Charity has been successful in achieving its aims to raise sufficient funds in order that the 1066
Specials sports club is able to continue to operate.

FINANCIAL REVIEW
Financial position
During the year, grants to the major beneficiary exceeded donations and interest received by the
Charity by £1,993 leading to a decrease in reserves by that amount.

Reserves policy
Reserves of £23,658 were held at 30th June 2018. This is felt to be sufficient to cover at least the
next two years of expected grants to be paid to the major beneficiary as well as being available for
any unexpected expenditure.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited
company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees
The directors of the Company are also trustees of the Charity for the purposes of charity law and
under the Company's articles are known as members of the Board of Trustees.

The Board of Trustees includes members with specific knowledge and skills applicable to the
requirements of the Charity. Any future members will be required to have similar or complementary
skills and be aware of the needs of disabled people in the context of the Charity's activities.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
05845829 (England and Wales)

Registered Charity number
1118606

Registered office
20 Eversley Road
Bexhill-on-Sea
East Sussex
TN40 1HE

Page 1
1066 SPECIALS
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30TH JUNE 2018
REFERENCE AND ADMINISTRATIVE DETAILS
Trustees
Mr. D E Sallows
H C Lawrence
R J F Harrison
J Cooper
J E Meadows - resigned 25/7/2017
R Batey
R Gee - appointed 19/2/2018
- resigned 6/3/2018
P N Anderson - appointed 19/2/2018

Company Secretary
Company Secretaries (South) Limited

Approved by order of the board of trustees on 20th March 2019 and signed on its behalf by:



Mr. D E Sallows - Trustee
Page 2
1066 SPECIALS
STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 30TH JUNE 2018
2018 2017

Unrestricted
funds		 Total
funds
Notes £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 1,000 14,244
Investment income 2 7 9
Total 1,007 14,253

EXPENDITURE ON
Charitable activities
Grants to institutions 3,000 10,000
NET INCOME/(EXPENDITURE) (1,993 ) 4,253
RECONCILIATION OF FUNDS

Total funds brought forward 25,651 21,398
TOTAL FUNDS CARRIED FORWARD 23,658 25,651
The notes form part of these financial statements
Page 3
1066 SPECIALS (REGISTERED NUMBER: 05845829)
BALANCE SHEET
AT 30TH JUNE 2018
2018 2017

Unrestricted
funds		 Total
funds
Notes £    £   

CURRENT ASSETS
Cash at bank 23,658 25,651
NET CURRENT ASSETS 23,658 25,651
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,658
25,651
NET ASSETS 23,658 25,651
FUNDS 5
Unrestricted funds 23,658 25,651
TOTAL FUNDS 23,658 25,651
The charitable company is entitled to exemption from audit under
Section 477 of the Companies Act 2006 for the year ended 30th June 2018.

The members have not required the company to obtain an audit of its financial statements for the year
ended 30th June 2018 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386
and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the
charitable company as at the end of each financial year and of its surplus or deficit for each
financial year in accordance with the requirements of Sections 394 and 395 and which otherwise
comply with the requirements of the Companies Act 2006 relating to financial statements, so far
as applicable to the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of
the Companies Act 2006 relating to charitable small companies.

The financial statements were approved by the Board of Trustees on 20th March 2019 and were signed on its behalf by:




Mr. D E Sallows -Trustee



R Batey -Trustee

The notes form part of these financial statements
Page 4
1066 SPECIALS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2018
1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS
102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102
'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical cost
convention.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement
to the funds, it is probable that the income will be received and the amount can be measured
reliably.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expenditure, it is probable that a transfer of economic benefits
will be required in settlement and the amount of the obligation can be measured reliably.
Expenditure is accounted for on an accruals basis and has been classified under headings that
aggregate all cost related to the category. Where costs cannot be directly attributed to
particular headings they have been allocated to activities on a basis consistent with the use of
resources.
Grants offered subject to conditions which have not been met at the year end date are noted as
a commitment but not accrued as expenditure.

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of
the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the
charity. Restrictions arise when specified by the donor or when funds are raised for particular
restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the
financial statements.

2. INVESTMENT INCOME

2018 2017
£    £   
Deposit account interest 7 9

3. GRANTS PAYABLE

2018 2017
£    £   
Grants to institutions 3,000 10,000

During the year grants of £3,000 (2017 - £10,000) were made to 1066 Specials sports club for
the provision of sporting facilities for the disabled community of East Sussex.

Page 5
1066 SPECIALS
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 30TH JUNE 2018
4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30th June 2018 nor
for the year ended 30th June 2017.

Trustees' expenses
There were no trustees' expenses paid for the year ended 30th June 2018 nor for the year
ended 30th June 2017.

5. MOVEMENT IN FUNDS





At 1/7/17		 Net
movement
in funds

At 30/6/18
£    £    £   
Unrestricted funds
General fund 23,651 (1,993 ) 21,658
Welfare fund 2,000 - 2,000
25,651 (1,993 ) 23,658

TOTAL FUNDS 25,651 (1,993 ) 23,658

Net movement in funds, included in the above are as follows:

Incoming
resources		 Resources
expended		 Movement
in funds
£    £    £   
Unrestricted funds
General fund 1,007 (3,000 ) (1,993 )

TOTAL FUNDS 1,007 (3,000 ) (1,993 )


Comparatives for movement in funds




At 1/7/16		 Net
movement
in funds

At 30/6/17
£    £    £   

Unrestricted Funds
General fund 19,398 4,253 23,651
Welfare fund 2,000 - 2,000
21,398 4,253 25,651

TOTAL FUNDS 21,398 4,253 25,651
Page 6
1066 SPECIALS
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 30TH JUNE 2018
5. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming
resources		 Resources
expended		 Movement in
funds
£    £    £   
Unrestricted funds
General fund 14,253 (10,000 ) 4,253

TOTAL FUNDS 14,253 (10,000 ) 4,253

6. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30th June 2018.

7. COMPANY LIMITED BY GUARANTEE

Every member of the company undertakes to contribute such amount as may be required (not
exceeding £1) to the company's assets if it should be wound up while he is a member or within
one year after he ceases to be a member, for payment of the company's debts and liabilities
contracted before he ceases to be a member, and of the costs, charges and expenses of
winding up, and for the adjustment of the rights and of the contributions among themselves.

Page 7