Regtstered Charity Number. 1014361 Papplewick and Linby Village Hall Report of the Trustees and Unaudited Financial Statements for the year ended 31 December 2020
Papplewick and Linby Village Hall Contents of the Financial Statements For the year ended 31 December 2020 Page Report of the Trustees ndependent Examiners RekK)rt Statement of Financtal ActsvitEs Statement of Financial Position Notes to the Financial Ststements 6t011 Detailed Statement of Financial Activities 12
Papplewick and Linby Village Hall Report of the Trustees for the year ended 31 December 2020 The trustees prvxnt their annual retxjrt and financial Stat ofthe carity for the year erKled 31st December 2020. The financial statements have been Prepa in ))[d8ce with the second edition ofthe Charilies Slatement of RecomnRnded Praclice ÈssueA in October 2019. the Financial Rertillg Standard applable in the United fjngdom and Republic of IreLgnd {FRS 102} and the Charities Act 2011. The It ¢onthtuks a pubk'c benefft entity as defrted by FRS 102. The financi81 statements have been prepared under the hist1 cost LVen1n with it recognised at cost or transaction value unless otherwise stated in the relevant Th)te(sl to these cOUnts. Objectives and Activities The 0tr4.ect ol the chafity is the proMsh)n and maintenance of a village hall and l or rttreation grcwnd for use by the inhabitsnts of the area of benefft without disbnction of pditThl, re1lOuS or other opinions. including use for meetings, lectures and dasses and other forms of recreation th leisure time (Cupal with the ot¥ect of improving the conditi.ons ot lrfe for the inhabitants. The trustees confirm that they have complied with the requrements of Sec1K 4 of the CharItS Act 2011 to have due regard to the public beneffl guKlance publkshed by the Chatity cmIssion for EngL3nd and Wales. Achievements and Perforniance The COVID 19 Pandem durirvJ 2020 has meant that for a signfftant part of the year the viltage hall was dosed, with only the prCh¢O1 group wng the premises to promde care Ihe children of crit[ workers and vulnerable children. During limes when it was permitted to on the haN in a COVID safe environmenL the charity has continued to provide a vital amenty for the ktal communty for meetings. estiOn. and soc4 Financial Review Al the end of the penod. the tharity held total funds of £416.386 (2019 £427.099}. AJI funds heid are unrestricted. During the year, expenditure exceeded irKome by £10.713 {2019". Income exceeded expenditure by £11,016). The charity made full use of both full tme and part time fvrlough opportunits.es during the year. Further detsils of the financial perf0Mw for the year can te found in the financial gtatements tekiw. During 2020 the tharity nv)ved hs financial irbvestments into a Charitses Aid Fcndation {CAF} inVestnt fund. It is the charitys and trustees. pcA1 to maintsin reserves at a level it convAders necessary to meet fijture cash flow requirements. The financial statements have teen prepared on the gow coneem basis. The trustees are satisfied that the chanty has sufficient cash ftows to meet its liabilities as they fall due for al least one year from the date of approval of the financial statamts.
Papplewick and Linby Village Hall Report of the Trustees for the year ended 31 December 2020 {Cont'd) Structure, Governance and Management The Trust rs a registered thaiity, numter 1014361. aThJ is )nSrt3 und¥ a conveyan dated 18 June 1929. as amended by an Aft1ng Scheme dated 6 May 1999. The Trust has four trustees. who must hold the prcwty ih)nging lo the charity. The trustees may hold office for lrfe. Any apFointsnent of a trustee must be by remainiTrJ tTU8tees in e4)nsuKation with the charity trustees and the app)intment reled to a meeting ofthe dwrity trustees. The Managent comittee includes ex-officAO members (the at4)ve four trus, u$ a president rf appoinledl. elected membefs {Chairman. retary. Treasurer, plus three others). and one app)inted member for e&h of the organisatM)ns IBted in the above Ajtering SdHne}. The members of the c(mmittee are the drty trustees of the charity. Reference and Administrative Details Trustees. holding the property belonging to the charity Mr l Griffiths Mr5 C Hardstaff Mrs C Spencer Mr K Tunstall Charity Trustees, members of the management GnMittee L Jackaon Rev T Raaff H Guyler H Atde P Kanikrywski C Hesketh W Lewis J Stevenson Principal address 17 Linby Lane Papplewi¢k Nottinghamshire NG15 8FB Registered charity number 1014361 Independent examiner Mrs Lesley Mills ACA Approved by orderofthe boardoftrustees on IX 20218nd sfrJned on its behalfby.. Mr l Griffiths - rustee
Independent Examinerfs Report to the Trustees of Papplewick and Linby Village Hall Independent Examinerfs Report to the Trustees of Papplewick and Llnby Village Hall I report lo the trustees on my examination of the accounts d Ihe aix)ve charity. PaFwd( and Linby WIlFage Hall (the Trust) for Ihe yearended 31 December 2020. The scope of my examination indudes the accounting re(Ld$ of Papplewid( Linby Village Hall {The Trust). The indep8ndent entity operating as Blue Sty (BSA) is outside the scope of my examination. The profft share and stock valuation attributsble to the Trust has been confimied by the Ewiet, Paul Holmes. It is the responsibilty of the Trustees to ensure they have appropriate financial contrds in Pl to ensure the management of this arrangement, grven the nature of the 12sh business. Responslbilttles and basis of report the charity trust88s. you are resportstbk for the Fxepwion of the acnts in accordance with the quirements ofthe Chaftties Ad 2011 (knArf). I report in respect of my examinatK>n of the Trusvs accounts carried out under sectton 145 of the 2011 Act and in carrying out my examination I have followed all the applir%ble Difecbons given by the Charity Commissi¢ under Sect 14515Xb) ofthe Act. Independent examlnerfs sLthment I have completed my examination. I confimi that no materia matters have c¥xne to my attention in c1}ectIon with Ihe examination vthich give me cause to b8lieve thatin any materHI resp& the accounting recordswere not kept in accordance with sect¥)n 130 ofthe Charities Ac(" c the accounts did not accord wth those records,. or the accounts did not ci)mpty with the ap&ICable requirements concming Ihe form and contentof accounts set out in the Chartties {Accounts and Reports) Regulations 2CK)8 otherthan any requirement thal the accounts we a true and fair view which ig not a rnatter o)r6idered as part of an independent examination. I have no ¢1cernS and have wne across no other matters in ilh eXanint1 to whlch attention should be drnwn in this port in order to enabk a woper understanding ofthe acwunts to be reached. Lesley Mills ACA Date 19 Avonholme Blidworth Waye Papplewick Nottingham NG15 8GB
Papplewick and Linby Willage Hall statement of Financial Activities for the year ended 31 December 2020 Total Funds 2020 untestric 2019 Income and Endowments from Grants rKer¥ed Olhertrading 8Ctiviknes Investment income 20.625 7,831 4.326 34,053 3.909 Total 32,782 37,962 Expenditure on Other 32,689 43,244 Total 93 {5,282) Net gainslllosses) on investments (10,81A} 16.298 Net (expendlture) I Income (10,713) 11.016 Reconciliation of funds Total fund8 broughtforwavd 427.099 416,083 Totsl funds carried forward 416,386 427.099
Papplewick and Linby Willage Hall Statsment of Financial Position at 31 December 2020 Total Funds 2020 unrestrthd 2019 Flxed Assets Tangible assets Investsments 293.OC6 115.108 293,104 122.373 408.114 415.477 Current Assets Stocks Debtors Cash at bank and in hand 2,494 2,743 6.385 3,631 5,223 2.768 10 11.622 11.622 Creditors AUnts fallry due wilhin oneyear 11 (3.3501 Net Current Assets 8.272 11.622 Totsl Assets Less Current Liabilities 416.386 427.099 Net Assets 416,386 427.099 Funds Unrestricted funds 12 416. 427,099 Totsl Funds 416. 427,099 The notes on pages 6 to 11 form part of these acc4)unts. The financi81 slatements were aw>roved by the BOard0fTn on KK fws2c£land were stgr*d on Its hawby". Mr l GrilFths- Trustee Mrs C spen-TrU8tee Mrs C Hard&aff - Trustee Mi K Tunstall- Ttustee
Papplewick and Linby Village Hall Notes to the Financial Statements for the Year Ended 31 Decernber 2020 Accounting Policies Ba8kn of Pfeparlng the financlal 8tatements and a88e88nMt of golng concem The finan¢io1 ststements have teen prepared in xcordance wtth the second editn of the Charities Statement of Recommend&1 pract issued in Oclthr 2019. the Finarrial Reporting Standard applicable in the Untted n9(ll and Republic of Ireland {FRS 1021 and the Charit$ kl 2011. The finala1 statements have been preparej under the historical cost cOnventn, except for investrnents whh are induded at market value. as mod1 by the revalUatn of certain assel5. The twslees consider that there are no mat1 uncert"nI1es about the Trusfs abibty to conttnue as a g(Mng concem. Income rKognition AJI income i8 recognh%ed in the Statement of Finanual N£bvib"es once the charity has entrtlement to the nds, it is probable that the InCewill be received. and the amountcan be measured relkgbly. Expenditure renItioTr Liabilities are reo)gnised as expendilure as sc>)n as there is a gaI or (struCte ctsligation mmitknng the charity to that eypenditure. it is pK(thble that a transfer of econom teneffts will be requir8d in setU8ment and the anK4Jnl ofthe oblJabon (an be TrSUred reabty. Expendrture is accounted for on an accruals basis and has been under headings that aggregate all costs related to the Lgory. IAhere costs cannot be direLtly attnTr)uted to parbcuL4r headings, they have be8n alkxated to activiiies on a basis consistent with the use of resources. Tangible fixed assots Depreoation is provkw at the folbing annual rates wi cder lo write off e&h asset over ts estimated useful life. chenware & ucckery Chairs & tables Of[eeqUiprnent otherequipment 20% on c(tst 12.5%on CLJSt 25% on cost 20%. 10%, and 5% on cost 14.3% on o)st Stocks are valued at the bwer of cost and net reali5atik value, after makn"rvJ due allowan for Obsote and slow IvIJ iterr6. Taxation Fund accounting Unrestricted funds can be us& in accordan wth the chwilabie Otlec at the discretron ofthe trustees. Re$ted lunds can onty be used for PartUlar reth#ed purrrt)ses within the Otr4ts ofthe charity. Restrictions aiisewhen spgcffied by the ¢S)nortYwhen funds are rntsed for wtitsjar restTiCted purposes. Furtherexplanation of the natureaTrJ pU0$e of furKI is induded n the notesto Ihe finarKial stslements. Pension costs and other post1r9fft•nt benefits The charity operates a defined contribution pensK)n s(*eme. ContributK)ns payable to the charity's penston sehemeafe eharged to the Statement of Financial pd1vib in the period to which they reLgte.
Papplewick and Linby Willage Hall Notes to the Financial Ststements for the Year Ended 31 December 2020 {cont'd) Grants Received 2020 2019 Government gvants 20,625 Other Trdding Activities 2020 2019 Hire charges Share of bar pmfits l {h)sses) Sundry recepts l+8onfire 2019) 8.638 1807) 29.854 2,249 1,950 7.831 34.053 Investment Income 2020 2019 Charrfund income Ltnits 785 3.909 CAF investment account 3.541 4.326 3,909 Trustees, Remuneration and Benefits There were no trustees. reMur*I or other beneffts for the year eThYed 31 Dewnber 2020 nor for the year ended 31 Drnber 2019. Tfustees. expenses There were no trustees. exFenses paKI for the year ended 31 O&ember 2020 nor for the year ended 31 December 2019.
Papplewick and Unby Vlllage Hall Notes to the Flnanclal Statements for the Year Ended 31 December 2020 (convd) Stsff Costs 2020 2019 W4e5 and salaries Other pension costs 17,305 150 17.472 405 17.455 17.877 The key management personnel during 2020 was Mrs K Holmes and her gross saW forthe yearwas £10,807.93. The aver8ge monthty number of employees durir¥Jthe yVra$ as folkw. 21r20 2019 Admintstration Cleaner No employees receNed emoluments in excessof£60.OLKI. Page 8
Papplewick and Linby Willage Hall Notes to the Financial Ststsments for the Year Ended 31 December 2020 (convd) Tangible Fixed Assets chai & tsbles Hall budding & crcKkery Cost At 1 January 2020 Additions Disposals 271,229 28.258 19.301 At 31 December 2020 271.229 28.258 19.301 Depreciation At 1 January 2020 DiskX¢sals Chargeforyear 19.693 16.215 537 1.029 At 31 Decents 2020 20.230 17.244 Net Book Value At 31 December 2020 271,229 8.028 2.057 At 31 t)ecember 2019 271,229 3.086 Other lrnent TotaLs At 1 January 2020 AddrtÉon$ Disposals 2.009 42.356 6.616 1,997 (6,6161 369,769 1,997 (6,6161 At 31 December 2020 42.356 1.997 365,150 Depreciation At 1 January 2020 Disp)sals Chargeforyear 32,132 6.616 16.616} 76,665 {6,616) 2,095 529 At 31 Decent*r 2020 2.009 32.661 72,144 Net Book Value At 31 December 2020 9.695 1,997 293.oc At 31 Decenknr 2019 10.224 293.104 No depreciatDn has tten charged C the bar equipnenl as il is held kn resale. The hall buikjing is included at cost The CW abo (Avns the freehold of the 18nd on whth the h1 has been built, the value of whth is not included within the ac£ounts. The Tfustees do not believe that the cost of obtaining a valuab.on of these assets would be of any benefiL Other fixed assets are incbjded at cost and are depreciated overtheirusefvl livesat rates shovffl.
Papplewick and Linby Willage Hall Notes to the Financial Statements for the Year Ended 31 December 2020 (cont'd) Flxed Asset Investments Market Value At 1 January 2019 Diwdends reinvested RevalLEatlS 122,373 3,541 (10.8C6) At 31 Oecember 2020 115.108 Net Book Value At 31 December 2020 115,108 At 31 Den)er 2019 122.373 Therewere no inve5tmeni assets (xrtwd8 the UIQ Investrnents quoted on a rectsjnised St exchange are valued at market value at the year end. Other investrnent assets are included atthe Trustees. be5testimate of marketvalue. Stocks 2020 2019 Stoc*s 2,494 3,631 10. Debtors: Amounts falling due within one year 2020 2019 Trade debtors Other debtors Prepayment5 1.674 5,223 1.C62 2.743 5,223 11. Creditors: Amounts falling due within one year 2020 2019 Oeposrts held ALcwals 2,810 540 3.350 Pa8elO
Papplewick and Linby Village Hall Notss to the Financial Ststements for the Year Ended 31 December 2020 (cont'd) 12. Analysls of Charitable Funds Anatys offund 1 Jan 2020 Inc(ming Resources G8ins l {bsses) At 31 2020 UnreStrsctI funds 427.099 32.782 {32.689) (10.806) 416,386 Total fijnds 427.099 31782 132,689) 110,806) 416,386 Anatysls of Charftable Funds- Previous Year Anatysis olfuThJ At l Jan 2019 movements Inc(ming Resource5 Gains l {losses) At 31 Dec 2019 Ullrestrtthd fttnds 416.083 37.2 (43.244) 16.298 427.099 Total funds 416.083 37.962 {43.244) 16.298 427,099 i& Related party dtsclosures During the year a tolal of£3,rx)O vras rrt to the charity by a numter of the trustees to cg)ver short temi funding requirements. These klans were interesl free and fulty repa within the year. 14. Grant from Countryside Agency The contribution receNed in eadier years tthvards the cost of the building the hall stipuktss that the ha15 must not te sold without prDr consent ofthe Agen and on such sale. or eessation of use by the community. a proporbon ofthe marketvalue olthe hall must be retumed to the Agency. 15. Volunteer help The value ofany vunteer help is ncrt iluded in the accx)unts. 16. Fees for the examination of the accounts A fee of £1CN) has ten paid in respect ofthe examinat of accounts. wi the fonn of a charitab donatK)n to Linby and Papp1( PCC. Pagell
Papplewick and Linby Willage Hall Detalled Statement of Financial Activities for the year ended 31 December 2020 2020 2019 Income and Endowments Govemment grants Job Retention Scheme COVID 19 supwrt grants 7,641 12,984 20.625 OthBr trading activitigs Hire charges Bar profit l {lossl Sundry leIptS IBonfire 2019) 8,638 {807) 29.854 2,249 1,650 7.831 34,053 Invgstmant incomo Charrfund InMe Units CAF investment accotmt 785 3.541 3.909 4,326 3,909 Total Incomlng Resources 32.7tr2 37.962 Expenditure 17.305 17.472 405 5.627 665 610 3.360 5,9S2 360 2,542 838 1.735 1.300 514 Pensions gm& heat Vvalercharges Insurance Cleaning Repairs & renewals Printing. st*ionery & adv Sundftes Telephone Waste DepreCiatn of kitchenware & crk DepreCIat)n of tabses & chairs DepreaatK)n of otherequipment 4,877 613 1,150 1,837 23 785 897 537 1.029 529 Total Resources Expended 32.689 43,244 Net (Payments)l income before gains and losses 93 {5.282} Realised recognised gains and losses Realised gains l(lossesl on asset inveslments (lo.8> 16,298 Net (expenditure) l income 110,713) 11.016 This page thes rK>tform partofthe stattrtw arKl statements Page12