VICTORY SPORTS GROUND
A public park to be known as the "Victory Sports Ground" for the benefit of the inhabitants of the Borough of Southend-on-Sea and the recreation of the public.
Objects
A PUBLIC PARK TO BE KNOWN AS THE "VICTORY SPORTS GROUND" FOR THE BENEFIT OF THE INHABITANTS OF THE BOROUGH OF SOUTHEND-ON-SEA AND THE RECREATION OF THE PUBLIC.
Financial health, per its FY2025 accounts
The accounts state that the charity operates at an operational deficit, which is fully funded by donations from Southend City Council. The charity holds £10,421 in endowment funds, with no unrestricted reserves available, as the governing document indicates reserves are not needed due to council support. The independent examiner confirmed that no material matters came to attention during the examination of the accounts.
What the accounts disclose
“Donations of £26,810 (2024: £38,118) were from Southend City Council as the funding required to make up the operational deficit for the year.”
“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” — page 4
“During the year the trustee (Southend City Council) donated £26,810 (2024: £38,118) to the Trust in respect of the funding required to cover the operational deficit for the year.” — page 13
“Southend City Council collected a further £9,106 (2024: £8,659) on behalf of the Trust in respect of income generated from facilities hire and interest earned.”
“During the year the trustee (Southend City Council) donated £26,810 (2024: £38,118) to the Trust in respect of the funding required to cover the operational deficit for the year.” — page 13
“Southend City Council collected a further £9,106 (2024: £8,659) on behalf of the Trust in respect of income generated from facilities hire and interest earned.”
“During the year the trustee (Southend City Council) donated £26,810 (2024: £38,118) to the Trust in respect of the funding required to cover the operational deficit for the year.” — page 13
“Southend City Council collected a further £9,106 (2024: £8,659) on behalf of the Trust in respect of income generated from facilities hire and interest earned.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £36k | £36k |
| 31/03/2024 | £47k | £47k |
| 31/03/2023 | £37k | £37k |
| 31/03/2022 | £42k | £10k |
| 31/03/2021 | £35k | £35k |
Common questions
Is VICTORY SPORTS GROUND financially healthy?
Per its FY2025 accounts: The accounts state that the charity operates at an operational deficit, which is fully funded by donations from Southend City Council. The charity holds £10,421 in endowment funds, with no unrestricted reserves available, as the governing document indicates reserves are not needed due to council support. The independent examiner confirmed that no material matters came to attention during the examination of the accounts. Its FY2025 accounts were independently examined.