PRIORY PARK

Registered charity 1000195 · accounts filings on the Charity Commission register

To be dedicated, held, used and enjoyed as and for the purposes of a public park for the benefit of the inhabitants of the Borough of Southend-on-Sea and the recreation of the public area.

Objects

TO BE DEDICATED, HELD, USED AND ENJOYED AS AND FOR THE PURPOSES OF A PUBLIC PARK FOR THE BENEFIT OF THE INHABITANTS OF THE BOROUGH OF SOUTHEND-ON-SEA AND THE RECREATION OF THE PUBLIC AREA

Area of benefit: SOUTHEND-ON-SEA

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Amateur Sport · website · Get email alerts

Latest income
£240k
Latest spending
£277k
Registered
1990
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity operated at a net expenditure of £36,951, which was fully covered by a donation from Southend City Council. The charity holds endowment funds of £563,054 and has no unrestricted reserves, as its reserves policy indicates it does not need to hold reserves because the Council funds any operational deficit. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Donations (81% of income)
“The total income for the year of £240,254 (2024 £244,966) includes a donation received from Southend City Council General Fund of £194,951” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy
“The trust does not need to hold reserves 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.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Note 12
“During the year the trustee (Southend City Council) donated £194,951 (2024: £195,666) to the Trust in respect of the funding required to cover the operational deficit for the year and to cover the cost of works required on the fixed assets of the trust.” — page 15
“The Trust paid the Council £239,306 in respect of operating costs for the year (2024: £244,126).”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Note 12
“During the year the trustee (Southend City Council) donated £194,951 (2024: £195,666) to the Trust in respect of the funding required to cover the operational deficit for the year and to cover the cost of works required on the fixed assets of the trust.” — page 15
“The Trust paid the Council £239,306 in respect of operating costs for the year (2024: £244,126).”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Note 12
“During the year the trustee (Southend City Council) donated £194,951 (2024: £195,666) to the Trust in respect of the funding required to cover the operational deficit for the year and to cover the cost of works required on the fixed assets of the trust.” — page 15
“The Trust paid the Council £239,306 in respect of operating costs for the year (2024: £244,126).”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Property (HM Land Registry)

8 registered titles in England and Wales held by the charity’s company or corporate body (8 freehold); recorded price paid £2.0m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Southend-on-sea

Income and spending

Financial year endIncomeSpending
31/03/2025£240k£277k
31/03/2024£245k£282k
31/03/2023£230k£267k
31/03/2022£152k£189k
31/03/2021£164k£201k

Common questions

Is PRIORY PARK financially healthy?

Per its FY2025 accounts: The accounts state that the charity operated at a net expenditure of £36,951, which was fully covered by a donation from Southend City Council. The charity holds endowment funds of £563,054 and has no unrestricted reserves, as its reserves policy indicates it does not need to hold reserves because the Council funds any operational deficit. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.