Trull Vlll4e Memorfal Hall - Annual rem for the year ended 31 December 2024 Overvlew of Govemano and actlvttles dur1 2024 The charity objective is the provision and maintenance of Trull Village Memorial Hall for the use by the inhabitsnts of Trull and the surrounding neighbourhood. The trustees and COpted members are currentty as follows: Chalr Steve Walker Vice Chair Mark Chestenman Secretary Jacky Davey Treasurer Andrew Stoodley Bookings Michele Weaver Health and Safety Jennie Rusinek Other Trustees Ryan Nicholson {copted member) Steve Power {Trull Cinema representatlve) Outside of Mark Chesterman, who has to resign due to personal commitments. all are offering themselves for reappointment at the AGM. Michele Weaver has stated her intention to resign as Booklngs Secretary and trustee beft>re the end of 2025. We are seeking replacements for both positions and thank Mark and Michele for thelr valued support. The management committee (which met monthly across 2023} includes all trustees alon8 With a nominated representative from the identified user organlsations along with All Saints Church and Trull Church of England Primary School. The Trustees would also Ilke to thank Ron Wining and Heldl Mllburn who continue to work tirelessly to malntain the Hall in a clean and fvnctionin8 State. Flnanclal PerfomMrKe and outlook Followlng Covid, the committee has focused on Improving the hall frdcllltles and rebulldlng hall income whlch reached record levels In 2024. This reflects growth In both regular hirer incomes and especially prlvate bookings along with the increasin8ly popular Trull Clnema and some fundralsing. As reported last year. with Increased Income, the committee has Invested In repairs and maintenance, almlng to provide users with a safe and well-presented environment. Across 2023 and 2024, investment has exceeded £30,(X)O with major projects belng hall ventilation, cleaning the hall floor, new storage, garden work, electrical and exterlor improvements. Plans are being developed to invest in repalrs and improvements identified by a recent survey including roof work, exterior and interlor improvements, security. fire safety. heating and decorating. Urgent work will commence In 2025 and roll forward as funds including possible grant options are Identified In 2024, total hall income increased by 19% to £37,(7 compared to £31.121 in 2023. Net of clnema and fundraising costs, gross profit was E35.421 compared to £28,626 in 2023. Despite continued inflation. particularly of payroll and utility costs, operating expenditure has been well controlled. Operating expenditure has fallen to £31,277 compared to £35.091 in 2022 due to the timing of repairs and maintenance costs. The trustees are pleased to a report a profft of £5.596 In 2024 compared to a £5,435 loss in 2023, reflecting the timing of repairs and maintenance. The hall had £70,836 of cash and bank fvnds at 31 Dernber 2024 set aside for planned and unanticipated repair costs compared to £65,720 last year. In 2025, we expect to maintsin income levels while continuing to invest in the hall. We intend to seek out grant income and do more fundraising given the higher projected levels of spend. Steve Walker, Chair and Andrew Stoodley. Treasurer 6 March 2025
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to th• trustees Trull Village Memorial Hall On accounts lor the year ended 31 December 2024 Charity no (if any) 1003515 Sot out on pages j*member to IncINIA_ Ilie L.2ge. ninioerg of addQioiial 51)eÉ.I'%i I report to the trustees on my examination of the accounts of the above charity {Yhe Trust.) for year ended 3111212024 Re8pon8lbilit188 and ba818 of rnport As the chanws trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (°the Ad.). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charrty Commission under section 145(5)(b) of the Act. Independont The charity'8 gross income exceeded £25,000 and l am qualified to examlnerfs statsment undertake the examination by being a qualified member of The Association Of Accounting Technicians I have completed my examinalion. I confinn that no material matters have come to my attention in connection with the examination I have no concems and have come across no other matters in connection Wrth the examination to which attention should be drawn in this report in Order to enable a proper understanding of the accounts to be reached. . Please delete the words in the brackets rfthey do not apply. Slgned: Dats: Name: SARAH WATLING MA4T Relevant professlonal qualification(s) or body {rf any): MAAT Address: The Old Schoolhouse Monksilver Taunton TA4 4HY IER
Trull Vlllage Memorfal Hall Income and Expendlture Accountforthe year ended 31 Dernber 2024 Hall Incon Regular Groups Private Bookings Trull Cinema Fundralslng Total Hall income Cost of Goods Sold Trull Clnema Fundralslng 21,743 11,649 7,892 2,478 1,911 31,121 879 37.1 1519) 11,IY33) 1.401) {2,495 28,626 Gross Profit 35,421 Operatlng Expendlture Electricity Insurance Water Rates Caretaker Cleaner Cleanin8 Equipment Repairs and Maintenance Small Equlpment Subscriptions Telephone/Broadband and webslte Bookkeeplng Other Income and Expenses (4,n4) 11,142) {1,304) (4,543) (3,270) (1,373) (,647) (1,743) {4,1) (1,140) (1,4) {2,140) (2,822) (1,637) (18,110) {2.(67) 1492) {983) 16fD) (522) (975) 1.592 {31,277) (35,091) Flnancln8 Bank Charges Bank Interest (61) 1,514 1.097 1,030 Net {Ioss} / profit forthe year {5,435)
Balance Sheet as at 31 Defflber 2024 2024 2023 CurrentAssets Stock Accounts Reiable Prepayments 624 3,636 4,016 Cash and bank Current Account Deposit Account Cash float 5,421 6,351 59,369 65,720 69,735 Total CurrentAssets 72,339 Current Uabllltles Accounts Payable Accruals Payroll Deferred Income Hire Deposits Key Deposits Total Current liabilities (2,458) 1235) 1316) 1744) { 1,5(D) {5,301) (239) (1,355) (1,350) (5,333) (8,326) Net Assets 67,1 61,410 Retalned Eamlngs Net {loss) / proflt forthe year 61,410 5,435 61,410