``` BROADBRIDGEHEATHVILLAGECENTRE MANAGEMENTCOMMITTEE ``` ## `REPORT AND FINANCIAL STATEMENTS` ``` FORTHEYEARENDED31STMARCH2024 ``` ``` CharityNo:1011613 ``` ``` BROADBRIDGEHEATHVILLAGECENTRE YEARENDED31STMARCH2024 ``` ## `CONTENTS` ``` Page ``` ``` LegalandAdministrativeInformation ReportoftheCommittee 2-4 ReportoftheIndependentExaminer 5-6 FinancialStatement & BalanceSheet 7-8 ``` ``` BROADBRIDGEHEATHVILLAGECENTRE ``` ``` YEARENDED31STMARCH2024 LEGAL AND ADMINISTRATIVE INFORMATION ``` ``` CommitteeChairperson:E Mclennan-Murray Secretary:K Thomson Treasurer: Elected members:R Cole R Wood I Thomson Co-opted members:P Bannister C Alltraine Representative members: Charity OfficesBroadbridge Heath Village Centre Wickhurst Lane Broadbridge Heath West Sussex RH12 3LY ``` ``` Independent ExaminerMagdalena Charman FCCA Accountant 24 Smugglers Way Barns Green West Sussex RH13 0PP ``` ``` BankersNational Westminster Bank PLC 47 Carfax Horsham West Sussex ``` 1 ## `BROADBRIDGE HEATH VILLAGE CENTRE` ``` YEARENDED31STMARCH2024 REPORT OF THE COMMITTEE ``` ``` Thecommltteepresentthelrreportalongwiththefinancialstatementsfortheyear ended 31[st] March2024.Thefinancialstatementshavebeen prepared in accordance with ouraccountingpoliciesset outbelow and comply with the trust deed andapplicablelaw. ``` ## **ACCOUNTING POLICIES:** ## **Basis of Preparation of Accounts** ``` The financial statements are prepared under the accruals basis and in accordance with the Financial Reporting Standard for Smaller Entities (eff June 2002). In preparing the financial statements the charity follows the best practice as laid down in the Statement of Recommended Practice Accounting by Charities (FROS2) and the Charities Act 2011. ``` ## **Funds** ``` All funds administered by committee are unrestricted funds. ``` ## **Depreciation of Assets** ``` All assets are depreciated at 25% straight line per annum. ``` ## **MEMBERS** `The committee consists of up to nine elected members, including chairman, treasurer and secretary. It can also co` ‑ `opt up to three members. Officers and committee members are` ‑ `elected for one year at the AGM and are eligible for re election.` ## **CONSTITUTION, OBJECTS AND POLICIES** ``` Thecharity'sgoverninginstrumentistrustdated10thApril1991.Itwas registeredwiththeCharitiesCommissionon4[th] June1992(no1011613). ``` ``` TheaimofthecentreistoprovidevillagehallfortheuseoftheinhabitantsattheParishof BroadbridgeHeathintheCountyofWest Sussex without distinction of political, religious or other opinions,includinguseformeetings,lecturesandclassesandfor other forms of recreation and leisure occupation with the object of improving the conditions of life of the said inhabitants. ``` 2 ``` BROADBRIDGEHEATHVILLAGECENTRE YEARENDED31STMARCH2024 REPORT OF THE COMMITTEE (CONTINUED) ``` ## **DEVELOPMENT, ACTIVITIES AND ACHIEVEMENTS** ``` The occupational licence with the BBH Social Club was not extended. A new occupational licence was agreed with Bistro Branas, offering a more community focused service with increased hours of operation. An application for a grant to fund a solar energy generation and storage project was submitted. ``` ## **FINANCIAL REVIEW** ``` Thefinancialstatementsshowthecurrentstateoffinances,whichthecommitteeconsider sound. ``` ## **STATEMENT OF THE COMMITTEE'S RESPONSIBILITIES** ``` LawapplicabtetocharitiesinEnglandandWalesrequiresthecommitteetopreparefinancial statementsforeachfinancialyear which give a true and fair view of the charity’s financial activities during the yearandof its financialpositionatthe end of the year. In preparing those financial statements,thecommitteeisrequiredto: ``` ``` selectsuitableaccountingpoliciesandapplythemconsistently ``` ``` makejudgementsandestimatesthatarereasonableandprudent ``` ``` whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements ``` ``` prepare the financial statements on a going concern basis unless it is inappropriate to presume that the committeewillcontinueinoperation. ``` 3 ## `BROADBRIDGE HEATH VILLAGE CENTRE` `YEAR ENDED 31ST MARCH 2024` ## `REPORT OF THE COMMITTEE (CONTINUED)` `The committee is responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity, and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.` ## **APPROVAL** `This report was approved by the committee on 29/01/2025 and signed on their behalf.` **Mr E Mclennan-Murray – Chairperson** `Date: 29/01/2025 For and on behalf of the Committee` 4 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of BRoA￿ER1£)6tr I VILL46> On accounts for the year ended 31 sl riRKcH 2024 Charlty no (if any) 1011613 Set out on pages I report to the trustees on my examination of the acwunts of the above charity (°the Trust.) for the year ended R05ponsibllltles and As the charity trustees, you are responsible for the preparation of the basis of report accounts in accordance with the Charities Act 2011 {'the Acr). I report in respe(a 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 Charity Commission under section 145(5Kb) of the A(X. Independent examinerfs statement apPI￿a￿]. Delete [ ] rfnot applicable. I have completed my exarnination. I confirm that no material matters have come to my attention (other than that disdosed below ") in connection viith the examination ￿thIch gives me cause to believe that in, any material respec(: the accounting records were not kept in accordance with section 130 of the Act. or the accounts did not ac(x)rd with the accounting records; or the accounts did not comply with the applicable requirements conceming the fonn and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 oth8r than any requirement that the accounts give a Irue and fairf view which is not a matter CA)nsidered as part of an independent examination. I have no concems and have come across no other matters in connection with 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 rf they do not apply. Slgned: Date: lo15 Name: hG£)hLENh 04HRfvArtJ FCCA AccouNIAfvI Relevant professional quallflcatlon(s) or body (If any): IER October 2018 Address: 24 s￿￿60Lb￿S LJA ho££FI11(4 nHI3 op Section B Disclosure Only complete rf the examiner needs to highlight matters of concem (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Glve here deta513 of any Ilems that th8 examiner wishes to disclose. IER October 2018 |Balance Brought Forward from 31 March 2023:||||| |---|---|---|---|---| |Current Account||£13,412.00||| |Deposit Account||£5,233.00||| |Creditors and accruals||(£1,676.00)||| ||**Total**|||**£16,969.00**| |**INCOME:**||||| |Hall Lettings||£54,024.00||| |Rent receivable from Social Club||£14,466.00||| |Interest receivable||-||| |Grants||||| |Other||£350.00||| ||**Subtotal**|||**£68,840.00**| |**EXPENDITURE:**||||| |establishments expenses||||| |Utilities||£25,341.00||| |Rates||£3,148.00||| |Insurance||£2,023.00||| |Premises expenses||£287.00||| |Service, Repairs and Maintenance||£4,958.00||| |Parish council repair||£11,779.00||| |Cleaning||£9,407.00||| ||||£56,943.00|| |administrative expenses||||| |Salaries
& Wages||8970.00||| |Pension||£501.00||| |Stationary, printing & postage||£252.00||| |Telephone & Internet||£318.00||| |Computer||£640.00||| |Office supplies||£159.00||| |Licences and Fees||£194.00||| ||||£11,034.00|| |professional and other expenses||||| |Accountancy fees||£1,069.00||| |Professional expenses||£1,412.00||| |Other||||| ||||£2,481.00|| ||**Subtotal**|||**£70,458.00**| |INCOME/EXPENDITURE|for 2023/2024:|||**(£1,618.00)**| ||TOTAL FUNDS:|||**£15,351.00**| 7 Current Account £22,600.00 Deposit Account £5,234.00 Debtors £149.00 **Total £27,983.00** Loan from Parish Council (£12,272.00) Creditors and accruals (£360.00) **Total** (£12,632.00) TOTAL FUNDS: **£15,351.00** Unrestricted funds b/f £16,969.00 Net profit/loss (£1,618.00) TOTAL FUNDS **£15,351.00** **Date 28/01/2025 Date 28/01/2025** 8