ACORNS CHARITABLE TRUST
Provision and maintenance of a playing field and recreation ground and to provide other facilities for the benefit of the community at large and for persons who by reason of youth, age, infirmity, disability, poverty, social or economic circumstances have special need for such facilities, with a view to improving their health and well-being.
Objects
THE OBJECTS OF THE CHARITY ARE TO USE THE PROPERTY AS A PLAYING FIELD AND RECREATION GROUND AND TO PROVIDE OTHER FACILITIES FOR THE BENEFIT OF BOTH THE COMMUNITY AT LARGE AND THE PERSONS WHO BY REASON OF THEIR YOUTH, AGE, INFIRMITY, DISABILITY, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES HAVE SPECIAL NEED OF SUCH FACILITIES, WITH A VIEW TO IMPROVING THEIR LIFE.
Financial health, per its FY2025 accounts
The accounts state a surplus for the year of £15,416.58, contributing to accumulated reserves of £1,115,471.46. The entity holds current assets of £74,623.46, primarily in bank deposit accounts. No specific reserves policy target is stated in the provided text.
What the accounts disclose
“Lottery Income 26388.72”
“Eastbourne Borough Football Club CIC Ordinary “A” shares 50,000.00 Ordinary “B” shares 1,000,000.00”
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
Trustees
- Andrew John Millerchair
- Abigail Shepherd
- Jeanette Linda Coleman
- John Daly
- Karen Donna Peskett
- Lee Edward James Smith
- MICHAEL FREDERICK GRIMER
- ROBERT COLEMAN
- STEPHEN GEORGE CARTER
- Stephen Lochan-Grimer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £40k | £14k |
| 30/06/2024 | £41k | £17k |
| 30/06/2023 | £38k | £24k |
| 30/06/2022 | £41k | £12k |
| 30/06/2021 | £28k | £8k |
Common questions
Is ACORNS CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state a surplus for the year of £15,416.58, contributing to accumulated reserves of £1,115,471.46. The entity holds current assets of £74,623.46, primarily in bank deposit accounts. No specific reserves policy target is stated in the provided text.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 21/02/2013 | £10k | Computerisation & Networking of Facilities for new Community Officer & Memb |