RESIDENTS OF MEADS PLAYING FIELD ASSOCIATION
Provision of facilities for sport and other leisure time activities without regard to political, race, gender or other distinctions in East Sussex.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £10,675 for the period, reducing its unrestricted funds to £41,852, though total cash and bank balances increased to £145,335. The trustees consider the charity has sufficient resources to continue its activities for the foreseeable future. The designated asset replacement fund increased to £103,483 following a transfer from unrestricted funds.
What the accounts disclose
“There were a number of fund raising events throughout the year, which brought in receipts of £5,212 for the unrestricted fund. There were associated costs of £3,065” — page 4
“It is the policy of the Charity to maintain reserves to provide working capital and to continue financing the tangible fixed assets without resort to borrowing, and to accumulate annually sufficient sums in the designated fund to enable the periodic replacement of assets subject to gradual wear and tear through use in the Charity's activities.” — page 4
“reimbursed for goods and services they purchased on behalf of the Charity totalling £5,973 (2024: 10 trustees £7,370). The trustees are all members of the club, paying the normal membership subscriptions. There were no other related party transactions during the year.” — page 8
Property (HM Land Registry)
Register events
- Received assets from another charity (21/11/2022)
Trustees
- Hazel Judith Sneathchair
- Anne Hilda Backshell
- Bernard Hoang-Lien-Lambert
- Brian Fraser Greenwell
- Clare Elizabeth Greenwell
- Colin Peter Charles Lockett
- Deborah Ann Hatfield
- Garfield Collins
- Joanna Copp
- John Francis Fogarty
- Priscilla Mary Kendall
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £64k | £62k |
| 31/12/2024 | £57k | £135k |
| 31/12/2023 | £66k | £25k |
| 31/12/2022 | £50k | £26k |
| 31/12/2021 | £54k | £32k |
Common questions
Is RESIDENTS OF MEADS PLAYING FIELD ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £10,675 for the period, reducing its unrestricted funds to £41,852, though total cash and bank balances increased to £145,335. The trustees consider the charity has sufficient resources to continue its activities for the foreseeable future. The designated asset replacement fund increased to £103,483 following a transfer from unrestricted funds. Its FY2025 accounts were independently examined.