QUEEN VICTORIA HALL TRUST (Charity Number 1000943) ANNUAL REPORT and FINANCIAL STATEMENTS For year ended 31st MARCH 2025
QUEEN VICTORIA HALL TRUST (Registered Charity number 1000943) ANNUAL REPORT BY THE MANAGING COMMITTEE Year ended 31st March 2025 The Managing Cornmittex present their Report for the year ended 31 st March 2025 The Queen Victfflia Hall Trust is registered with the Charity Commission (No 1000943). The Charity is administercd by a Management Committee comprising: _ Cllr. Cllr. David Chapple Cllr. Rupert Reichhold Cllr. Jerry Hutton Cllr. Max Shurer Cllr. David Fuller Cllr. Liz Bull Cllr. Ian Clark Cllr. John Wade Cllr. Paul Davies Cllr. Jamie Arnold Cllr. Lits Gray Cllr. Val Chesser Cllr. Rob Fordham Objects, Organisation and Activities This is thc Thirty Sixth Annual Report produced by Oundlc Town Council as Trustees of th¢ Queen Victoria Hall. The Queen Victoria Hall was built by public subscription in 1902 to commemorat¢ the reign of Queen Victoria. The aims and objectives of the Charity? as laid down in the Trust Declaration, are 'for concerts, lectures and other public or private entertainment of any re whatsoever...al eiiher gratis or subject to any charge and generally used in such a manner as the Tn4Stees shallfrom rime lo time deem most advantageous to the inhabilants of Oundle and ike surrounding district, and most appropriate to commemorate the long and glorious reign of her late majesty, Queep7 Vicloria... ... The administration of the Hall is dealt with by Oundle Town Council staff whose office is located at Fletton House, Fletton Way, Oundle, PE8 4JA. the salaries and expenses of the staff are paid for by Oundle Town Council. In addition, if deerned necessary a balancing grant is made by Oundle Town Council to balance the Queen Victoria Hall Trust, s accounts. The Queen Victoria Hall Trust's continuing aim is to make availablc the premises of the Quccn Victoria Hall Trust as a Community centre for the inhabitants of Oundle and th surrnundAng district at a low hire charge or, in some cases, gratis.
Finances A statement of financial activities is included on Pages 4 to 5 of thcse accounts. All financial transactions relating to the Charity are proccssed through Unity Trust Bank with th¢ account name: Trustees of Queen Victoria Hall Oundle On behalf of the Managing Trustees 17 June 2025
QUEEN VICTORIA HALL TRUST (Registered Charity 1000943) STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31 March 2025 Recei ts Account 31.03.24 Total £ Reeefipts Hall Hire 11,983.47 General Trading 11,983.47 Total Tradfing Income 31.03.25 Totsl £ 12,986.60 12,986.60 GraDtslDonations/Fund Raisin I 0,000.00 Oundle Town Council Balancing Grant 1,000.00 2024 G&S - 2025 NNC Community Support Funding Grant 22,983.47 TOTAL INCOME 38,676.62 15,300.00 53,976.62 'ments Account 31.03.24 Total £ Payn)ents 2,221.53 Rent & Rates 4,362.53 Heat Light & Power 12,622.37 Clcaninglcaretaking 672.22 Professional Fees 5,596.72 Maintenance 726.00 Refuse & Pest control 31.03.25 Total £ 1,397.62 7,979.46 13,569.90 3,014.31 32,470.23 561.96 26,201.37 TOTAL PAYMENTS 58,993.48
QUEEN VICTORIA HALL TRUST (Charity Number 1000943) STATEMENT OF ASSETS AND LIABILITIES Year ended 31st March 2025 31.03.24 31.03.25 FIXED ASSETS 500,000.00 Queen Victoria Hall 35,035.33 Furniture & Fittings 535,035.33 500,000.00 34,435.33 534,435.33 CURRENT ASSETS 578.00 Debtors 9,313.69 Cash at Bank 360.60 VAT Liability 10,252.29 Total 711.00 16,124.57 1,231.41 18,066.98 545,287.62 552,502.31 Less CURRENT LIABILITIES 1,539.88 Creditors due within one year 709.00 Returnable Deposits 545 839.37 NET ASSETS 1,406.10 1,105.00 549,991.21 We approve these accounts and confirn] that w¢ have made available all relevant records and infom]ation for their preparation. Signed. on behalf of the Charity on behalf of the Charity Dated.................. 17 June 2025
QUEEN VICTORIA HALL TRUST (Charity Number 1000943) NOTES TO THE ACCOUNTS for the year ended 31st March 2025 Accounting Pollcies: (a) The accounts have been prepared in accordance with applicable accounting standards and follow the recommendations in Ststemcnt of Recommended Practice: Accounting by Charities (SORP 2000). (b) Voluntary income is received by way of donations and gifts and is included in full in the Statcment of Financial Activities when receivcd. Gifts in kind are valued at their estimated valuc to the Charity and included under thc appropriate hcading when received. (c) Intangible incomc is valued and included in income to the extent that it represents goods or servic¢s, which would otherwise be purchased. Where it is not possible to value the goods or services, such as volunteer time, the accounts do not include them. (d) Grants including grants for the purchas¢ of fixed assets are recognised in full in the Statement of Financial Activities in the year in which thcy aTC received. (e) Restricted Funds arc to be used for specified purposes as laid down by the donor. Expenditure which meets these critcria is identified to the fund. (fj Unrestricted Funds are donations and oth¢r income received or generated for the objects of the Charity without further specified purpose and arc available as g¢n¢ral fLmds. (g) Fixcd Assets are for use by the Charity in fulfilling its main charitable objects. To bring the charities assets in line with revised instructions rcceived concerning the basis of valuations for Oundle Town CounciI's assets and, to ensure comrnonality of approach, figures were adjusted in the March 2011 figurcs to reflect, as accurately as possible, thc orignal purchase costs. Consequently, they now no longer reflect any elements relating to depreciation. Grants: A £460,000 ant from Oundlc Town Council was made for the r¢furbisl]mcnt of The Quccn Victoria Hall, which was completed in Dcccmber 2009. North Northants Council Provided Community Support Funding Grt of £15,300 towards LED Lighting. Staff Emolllments: A £15,000.00 annual management charge to cover Oundle Town Council costs for the caretaker role was dispensed with during the 2016-17 year, the cost of cleaning and carctaking is now borne via the Trustees of The Qu¢en Victoria Hall bank account, as displayed in the abovc accounts £13,569.90 £32.470.23 was spent on maintenance, including upgrading lighting to LED to improve efficiency (A £15,300 NNC Community Support Grant was rcceived from NNC to help cover this cost), replaccrncnt of a flat roof and external decoration.
To balancc th¢ Queen Victoria Hall Trust's accounts, a grant of £38,676.62 was provided by Oundle Town Council. Fixed Assets: Following a professional valuation by Goldsmiths of Oundle, the Queen Victoria Hall was valued at £500,000 For insurance purposes the Totsl Sum Insured is £3,204,200. Trade Debtors: VAT Liability £711.00 £1,231.41 Creditors: Returnable Deposits £1,406.10 £1,105.00 Connected person remuneration and expenses: No connected people received any remuncration or were reimbursed for any expenses during th¢ ycar from the Trust, s Funds.
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE QUEKN VICTORIA HALL TRUST (Charity Number 1000943) I report on the accounts of the Trust for th¢ year ended 31 st March 2025, which are set abovc. Respective responsibilities of Trustees and Examiner: As the Charity's Trustees you are responsible for th¢ preparation of the accounts" you consider that the audit requirement of Scction 43(2) of the Charities Act 1993 (the Act) docs not apply. It is my responsibility to state, based on proc¢dur¢s specified in the General Directors given by the Charity Comrnissioners under section 43(7)0)) of th¢ Act, whcth¢r matters have corn¢ to my attention. Basis of the Independent Examiner's Report: My examination was carried out in accordance with the General Directions giv¢n by thc Charity Commissioncrs. The examination includes a review of thc accounting records kept by the Charity and a comparison of the accounts presented with those records. The audit was undertaken on a sample basis, alld with the activity levels forn]ing a pattern, any unusual aspects hav¢ been subject to enquiry and I am happy with thc r¢cords/infomiation provided. Ind¢pendent Examiner's Statement: In connection with my ¢xamination, no matter has come to my attention: . (l) Which gives mc Teasonable cause to believe that in any Matla1 respect the requirements: _ To keep accounting records in accordance with Section 41 of the Act. and To prepare accounts which accord with the accounting records and to comply with the accounting requir¢Tn¢llts of the Act. Have not been met. or (2) To which, in rny opinion, attention should be drawn to enable a proper understanding of the accounts. Signed: Dated: 17 June 2025......................