Registered Charty Number. 1014361 Papplewick and Linby Village Hall Report of the Trustees and Unaudited Financial Statements for the year ended 31 December 2022
Papplewick and Linby Willage Hall Contents of the Financial Statements For the year ended 31 December 2022 Rep)rt of the Trustees Independent Examinetrs Rep)rt Statemnt of FncIal Actmbes Statement of Financial Posit Notes to the FlnarKial Slatements 6t012 Detailed Statement of Financial Activrties 13
Papplewiek and Linby Willage Hall Report of the Trustees for the year ended 31 December 2022 The trustses present their ann report and finanrial slatements of the fc the year ended 315t December 2022. The financial statements have been prepared in accordance with the second edth.on of the Charities Ststement of Recommende¢J Prath"ce issued in October 2019. the Financial Rewtng Standard apICable in the Unrted Kingdom and Republic of Ireland {FRS 1021 and the Charities Ad 20t 1. The trust constitutes a puNic benefft entty as defined by FRS 102. The financial statements have been prepared under the historical cost convention with rtems recogni8ed at cost or lransacb.on value unless OtheiSe stated in the rebevant Th)te(8) to these accounts. ObJectlve8 and Actlvltles The object of the chanty is provision and maintenance of a village hall and l or reCallOn ground for use ty the inhabitants of the area of benefft ith(Mrt distinction of Ort1. rel)S or other opinions, induding use for meetings. urets and dasses and other fomis of we'on and leisu time occupatson with the object of Improvln9 the corMIth'ons of lrfe for the inhabitants. The Iru8tee8 confirn) that they hatyt complied with the requirements of section 4 of Ihe Chanbe8 Act 2011 to have due regard to the publlc benèfft guKlance published by the Charity ComrTMssn for England and W8188. Achlovements and Perfomian¢• 2022 saw the return to a fijlty open Vilage Hall, hosling regular htr¥s. pddkng events, partle8. and provldlng the pre-school group wrth premises to provide a valuable seTViC£ to the parents and children in the area. The Hall also ho$led a number of communty everrts lo celetmate the Queen's Platinum Jubilee, and was al$0 involved in the organisab"M ol a village bonfire and firevIrkS event for the local comnyjnty. The charity continues lo provide a vrtal aménity for ts local cunmunty for meetsngs, recreation, and social a¢tivilies Flnancial Revlew At the end of the penod, the chanty held t( funds of £441.22412021 £438.2261. A]1 fijnds helt1 are unrestn"cted,12021 '. trithd funds of £3,235 ¥• hdd in respect of a Nkn'onal Lottery Grant received in 2021 relating lo the Queen's Platinum Jubike celebrats'ons in 2022.) During the year. inwme exceeded expenditure by £2,998 {2021.' £21,840). Further details ofthe finan1 ,pthmance for the year can be found in the financial statements belrmt. During 2022 Ihe chanty's Hampshire Trust Bank ortryear Ixmd malured and was Trinvested in a Hampshire Trust Bank tyear try)nd. 1118 the charity's arbj trtee¥, pdicy to maintain reserve5 at a bgv•l it consthrn necessary to me•1 ftrture cash ftow requirements. The financial statements have been ppared on the going concern basis. The trustees are satisfied that the chanty has sufficient cash fl(Ms to meet rts liabilrties as they fall due for at least one year from the date of approval of the finan¢ial slatemenls. Pa8e I
Papplewick and Linbywillage Hall Report of the Trustees for the year ended 31 December 2022 (Cont'd) Structure. Governance and Management The Trust is a registered tharity, number 1014361. and 18 0)rlItuted under a Conveyance dated 18 June 1929, as amended by an Altering Scheme date(16 May 1999. The Twst has four trustees, must hold the to the dwrity. The trustees may hold office for life. Any appointment of a trustee must be made by the remaining truste In cx)nsuttatknn with the tharity trustees and the appointment reported to a meetbng of the tharty trtee$. The management Committee includes five ex-offKio membws (the aiy)ve four Irustees, plus a president if appointed). six elected members (chaimn, Seuetsry. Treasurer, plus three others). and one appoirrted member for each of the organisations listed atove Allering Scheme). The members ol the commrtlee are the charity trustees of the charty. Reference and Admlnlstratlve Details Trustses, holdlng the propety belonging to the charlty Mr l Griffilhs Mrs C Hard5taff Mrs C Spenr Mr K Tunstall Charlty Trustees. membern of the management commltte• P Kanikowski Rev T Raaff C Heskelh W Le*•iS J Stevenson Prfnclpal addrnss 17 Linby Lane Papplewick Noltinghamshire NG158FB Reglsternl charity number 1014361 Independent examlnor Mrs Lesley Mllls ACA Approved by orderofthe board oftru$le on 12Pyl 2023 siw cffi ts behaifby: Mr l Grlffilhs - Trusteè Page2
Independent Examlnerfs Report to the Trustees of Papplewlck and Llnby Village Hall Independent Examinerfs Report to the Trustees of Papplewick and Llnby Vlllage Hall I rewrt to the trustees on my examinathin of the accounts of the above dwrity. Pappltrmck and Linby Village Hall (the Trust) fortheyearended 31 December 2022. The scope of my examination IdeS the x(yJunts"ng records of Papplewck and Linby Village Hall ffhe TfusII. The independent entsty operab.ng as Vth"ght's Bar is outside the s¢ope of my examination. The profit Sha and stock valUatn attrt)utable lo the Trust has been confinned by the proprietor, Darren ght.11 is the sponsIbl1ty of thè Trustees to ensure they have appropriate finanoal c(Mtrols in place to ertsure the mariagernent ofthb5 aAngemenL given the naure of the cash iw88$$. Responslbllllles and basls of report As the chanty trustees, you are reSpOnsb lor the prepwatknn of the aCCnIS in accordance vthh the requifemenls of the Charilies Act 2011 (Ihe Acv). I rewrt in respect of my examirthon ofthe Trusvs ¥Gounts carried OLrt under Section 145 of the 2011 Act and in carrying out my examination I have follovJ all the appab Direth"ons given by the Charity Commission under secbon 145{51{bl of the Act. Indendent exaffllnerfs statoment I have eompleted my examination. l Confirm that no Materi matter5 have come to my atterilion in cOnntiOn th the examination which gNe me cause lo bel*ve that in any matellal respect.. the ac£ountsng recordsre not kept rn acconlance wth 8ectw)n 130 ofthe Charrt¥ Acl; or the accounts dKI not accord ¥h those records. or the accounts dKI not compty wilh the applicable requirements conceming the fomi contenlof accounts set out in the Chantss (Accwnls and Reportsl Regulath)ns 2008 otherlhan any requirement that the accounts gNe a true and fair fjW wthicb is Th)t a mattér considèred as part of an independent examination. I have no concem8 and come ¥ro8s no Lther mattws li 7hith Ihe examlpt# lo attention shwld be dravm in this report in order to enable a proper understsnding of the accounts lo be reathffll. LiL( Lesley Mills ACA Avonholme Blidworth Waye PapplewGk Nottingham NG15 8GB Page3
Papplewick and Linby Willage Hall Statement of Financial Activities for the year ended 31 December 2022 Unrestricted Restricted Funds FU15 Total Fund5 Total Fund¥ 2022 2022 Income and Endowmonts From Grants received 2.867 44.864 2.667 26,018 19,596 3.676 Other trading activit$ Investment income 880 Total 48.411 48.411 49,290 Expondituro on Other 42,178 3.235 45.413 35.747 Total 6,233 13,235) 2,998 13,543 Net 98in8 ¢)n investments 8,297 Net Income l (expenditure) 6.233 (3.235) 2.998 21,840 Reconciliation of funds Total funds brought f0vrd 434.991 3.235 438.226 416.386 Tolal fund8 carrled forward 441.224 441.224 438.226 Pa8e4
Papplewick and Linby Willage Hall Statement of Financlal Position at 31 December 2022 Unrestricled Restncted Funds FurKI$ Total Funds Tolal Funds 2022 2022 2022 2021 Flxed Assets Tangible Assets Investment Assets 299.010 299.010 80.882 290,507 80,002 Total Fixed Assets 379.892 379,892 370,509 Current Assets Debtors due wrthin one year Debtors due after one year Cash al bank and hand 10.534 1.666 54 756 10.534 1,666 54.756 8.205 3,331 59.623 86,956 66.956 71,159 Credltors Amounts falling due within one year 10 {5.624) (5,6241 13.4421 Not Current Aets 61,332 61,332 87,717 Total Assots Less Current Llabllltles 441.224 431,224 438.226 Net A$ts 441.224 441,224 438,226 Funds Restricted fiJnds Unrestricted fvnds 3,235 434,991 441.224 441,224 Total funds 441.224 441.224 438,226 The notes on pages 6 to 12 fcm part ofthese accounts. Thefinancial statements weapwoved by the Board olTwslees 12 2CQ3andw?re *gned on its behawby.. Mrl s- Trustee Mrs C SperYx- Trustee Mrs C Hardstaff - rustee Mr K Tunstall- Trustee Pa8e5
Papplewick and Linby Village Hall Notes to the Flnanelal Statements for the Year Ended 31 December 2022 Accounting Policies Basls of prnparing tho financial StatoM aThl assessmgnt of going concern The financ41 ststements have been prepad in ¥dance the seo)nd ethtn of the Charities Statement of Recommended PraCte issued in October 2019. the Financial RepoThg Stdard applicable in the United Kingdom and RepU1C of Ireland IFRS 102} and the Charities Act 2011. The finanoal statements have been preped under the his¢Ic cost convention. except for investmentsththich are induded at Maet value. as modified ty the revaluation of crtain assets. The trustees consider that there are no mtsial ururtawities about the TfusY5 abilty to ntInUe as a going concem. In¢om• rffognltlon AJI income is recognTr¥ed in Ihe Ststemenl of Finaroal A(thrt$ the tharty has entlUent to the fvnds, it13 probable thatthe IncomevAII be receNed, and the am0Urrtn be measured reliabty. Exp•nd11• r•coonltlon Liabillt$ are recognised as exFenditure as soon as there is a leg81 or ConStntiYe obligat committing the chanty to that expendrture. rt 15 wotsae that a transfer of economic benefits wll be required in setuement and the amount of the obligation can be measured reliably. Expendlturè is accoLbnted for on an 1)a¥is has been ckssified under headN)g8 thal aggregate all costs reLated to the category. treTe costs cannot be th'recily altribuled to P8rticul8r headings, they have been alkjcated to actNth$ on a basis consistent wth the use of resources. Tanglbl8 fix8d •¥3ots Deweciatson is provthd at the fol¢Min9 annual ratss in order to TItti off each a88et over rt8 eslimaled useful life. Kitchenware & uockery Chairs & tsbles Office equipment OthereqUlFerrt 20% on c081 12.5% on c03t 25% on cost 20%. 10%. and 5% on cost Txatlon The thanty Is exempt from tsx its tharilabb a(Xp4i¢ie& Fund aecountlng UNe$lricted funds can be u8ed m accordanee tAqth the tharrtable rAieclives at the disuetion of th¥ tW8tee8. Restricted fvnds can onty be used for partlar reStrted PUTposes wthin the obJ'e¢ls of the charty. RestrictK>ns arisewhen $peoW by the donoror wthenfvnds are raised pathuL4r re$ln"cled purposes. Furtherexplanatr)n ofthe nature and pu[w Of&hlund i8 included in the notes lo the finawal ststemenls. Penslon costs and other po8t-rellvem•nt benefits Tho tharity operates a dew witrsbulKm pensi Scw. C(Mtn"txth"orts payable lo the chaTity'$ pension ¥Cheare tharged to Iho Slaterwrt L Fwwiiial kbvits in the Feriodto whichthey relate. Pa8c6
Papplewick and Linby Willage Hall Notes to the Financial Statements for the Year Ended 31 Dacwnber 20221cont'd) Grants Received 2022 2021 Govemment grants National Lottery grant 2,667 22.783 3.235 26,018 2,667 other Tradlng Activllles 2022 2021 Hlre charge5 Share of bar profits Share of Bonfire and Fire*ork3 evenl profits Sundry receipts 34.024 8.585 2,255 17,498 1.898 200 44,864 19,596 Investment Incom• 2022 2021 CAF irwestrnenl xcwnt HTB Year Bond 3,674 3.676 Trustees, Remuneration and Beneffts There wore no trustees. remuneration or other benefits for the year ended 31 December 2022 n for the year ended 31 December 2021. Tt09. expense There were no trustees. expense$ paid for the year ended 31 December 2022 nor for the year eTrJed 31 Decembèr 2021.
Papplewick and Llnby Village Hall Notes to the Financial Statements for the Year Ended 31 December 2022 (cont'd) Staff Costs 2022 2021 Wages and salaries other pension costs 17.843 179 15.625 141 18.022 15,766 The key management pernonnel durlng 2022 wa$ Mts S SlacK *tsJ8e gro88 8alary ft>rthe year wa8 £12,218.37. average rnontNy number of employees the year vrd8 a$ foll¢Y4. 2022 2021 Administratson Cleanèr No emFdoyees recer4ed eThlMents in excessof£60,0(N).
Papple*ick and Linby Willage Hall Notes to the Flnanclal Statements for the Year Ended 31 Docember 2022 Icont'd) Tangible Flxed Ass•ts tthnwa and Cmdtery Chairs and Tables Ham Buikling Cost At l January 2022 Addrtions Dl8posal$ At 31 December2022 271.229 28.258 19.576 271.229 28.258 19,576 Dèpreclatlon At 1 January 2022 Dlsposals Charge for the year 21,529 17,758 549 At 31 December 2022 22.498 18.307 Net Book Value Al 310ecember 2022 271,229 1.269 At 31 Dember 2021 271.229 6,729 1,818 Other Equipment Equipment TOTAL Cost Al 1 January 2022 Additions Disposals At 31 Decembef 2022 42,427 11,255 363,499 11,255 53,6B2 374,754 Depreclatlon Al 1 January 2021 Disposals Charge for the year 31,6 72.992 1.234 2,752 Al 31 December 2021 32.930 75.744 Net Book Value At 31 December 2022 20.752 299,010 At 31 Dernbel 2021 10.731 290,507 The hall building is included at cost. The Chanty also ChS the freehold of the land on bvthich the hall has been buijt, the value of which is not indud&d ¥thin the ants. The Twstees do not believe that the cost of obtsining a valuats'on of these assets V•Duld be of any beneft Other fixed assets are included 8t cost and are deprece overtheirusefrjl lives at rates shth¥n.
Papplewick and Llnby Vlllage Hall Notes to the Flnanclal Statements for the Year Ended 31 December 2022 {conVd) Fixed Asset Investments Fixed Ternb Bond Total Investrn8nts Market Value At l January 2022 Income reinvested 80.002 880 80,002 880 At 31 December 2022 80,882 80,882 Net Book Value At 31 December 2022 80.882 80,882 At 31 Deember 2021 80,002 80,002 Therewere no in¥eslm?nt assets wbxlethe UK. Any investments qLth on a recognised stock exchange a valued at market value al year end. Other Investment assets are incbjded at the Trustegs. bestestimate of mathetvalue. Dèbtors 2022 2021 Amoun18 lalllng due vthhln one ye. Trade debtors 7.080 3,117 337 8,116 1,666 423 other debtor8 Prepayments 10,534 8.205 Amounts falling due after one year. Other debtors 3,331 3.331 Included in other debtors are amounts due in respecl of a loan made lo D WrvJhl lo enable the Purchase of bar equipment and initial slccks for the operation of the bar wi the Village Hall. The amunt due within one year is £2,83612021'. £1,666), and due after cfft year is £1.666 {2021.. £3.331). P48elO
Papplewick and Linby Willage Hall Notes to the Flnancial Statements for the Year Ended 31 Docember 2022 (cont'd) 10. Credltors: Amounts falling due within one year 2022 2021 Dw)sts heh Accruals 3.800 1,824 5.624 2,750 692 3,442 11. Analy818 of Charltablo Fund• Analysls of fvnd At 1 Jan 2022 movements IrnIng resour¥ Resources expended Gan5 1 (losses) At 31 Dec 2022 Restrlcled fvnds Unrestiicted nds 3,235 (3.2351 434.991 48.411 142.178) 441,224 Totsl funds 438.226 48.411 (45,413) 441,224 An•lysl8 of Charltable Funds- Prevlous Year Analyw of fvnd Al 1 Jan 2021 movements Resources Gains I (losses) At 31 Dec 2021 Resthcted nds Unrestricted funds 3.235 3.235 418.386 46.05S {35.747) 8.297 434,991 Total funds 416,386 49.290 135.747) 8.297 438,226 The reslricted fund atye relates lo a Nabonal Lottery Grant was •warded in 2021 in Tespgct ofthe Queen's 2022 Platinum JUlee cekntws. This was expended in 2022.
PappleCk and Linby Willage Hall 12. Related party disclosures There were no related pwty transaCbS forthe year ended 31 D*mber 2022.12021.. Niti 13. Grant from Countryslde Agency The contribub'on receNed in e8rfler years ttr•Ards the cost of the building the hall stipulates that the h811 must not be sold wthwt prior consent of the Agency and on such sale, or cessation of use by the ccynmunty, a proportM)n ofth8 MthetvaI ofthe hall must be returned to theAgency. 14. Voluntsor help The value of any volunteer help is Iruded in the accounts. 16. Fo•s for th• axaminalion of the accounts No fees have been Inrred respect ol the examinalion of these xc¢wnts.12021.' NII) Pa8e12
Papplewick and Linby Village Hall Detalled Statement of Flnancial Activities for the year ended 31 December 2022 2022 2021 Income and Endowments Goyemment grants Job Retention Scheme COVID 19 support grants National Lottery grant 4.014 18.769 3,235 2.667 2.667 26.018 Oth•r trading activitkns Hire ¢harges Bar profit Bonfire and Fire¥rkS event Sundry roGeiFrf¥ 34.024 8,585 2,25S 17.498 1,898 2¢JO 44.864 19,596 Inv•8th)ent Inc¢)m• CAF Investment a¢Trt Hanyhire Trust Bank 3,674 880 3676 Tolal Incoming Resources 48.411 49,290 Expendlture Wages Pen3i0n$ Light & heat Water charges Insurance Cleaning Repairs & rertewa18 Printing, stal*)nery & adverts Sundnes Telephone Waste Platsnum Jubllee event Depreciatson of krtchenware & crockery Deplatron oftables & chairs Depreciats'on of other equipment Totsl Resources Expended 17.843 179 10,414 15.625 141 4.462 1.589 1.477 700 6,018 210 1,933 1.083 2.400 360 1,353 1,167 2.102 1.568 969 1,299 514 895 35,747 1,234 45,413 Net incoTh before galns and losses 2.998 13.543 Roalised recognised gains and losses Realised gains on fixed asset investments 6,297 Net income l {expenditure) 2.998 21,840 TIMS page dces tf(M partofthe statutory finaKial statemerts. Page 13