## **1. Chairman’s Report** 2024 has proved to be another challenging year for the Hub, not least with a continued increase in our running costs. The committee has also undergone several changes, with trustees joining, leaving and, in some cases, rejoining. I would like to thank everyone who has contributed so much to the running of The Hub, often spending a great deal of their valuable time in organising events, attending meetings and, in the case of Andrew Dawes, doing numerous odd jobs around the place. As well as the regular users of The Hub, to whom we owe a great deal for their continued use of our facilities and the services they provide to the village, we have also undertaken our own fundraising activities, these include a very successful art fair and a beetle drive. I would like to pay a big thank you to all those who have contributed to these events. During the coming year, we hope to do several other such activities. Obviously, the main achievement has been the construction of the library extension and entrance hall. I am sure that you will agree that this will only enhance the building and we look forward to the library actually moving into the space later this year and, to joining formally with the library in the future. There is still much to be done, and over the coming year, we will be raising funds to enable us to do the rest of the work that will ensure that we can provide our village with the facilities it deserves. The trustees would like to go on record in thanking the continued hard work and dedication of our paid staff; Kelly Knibbs, Alison Gibbins and Ryan Greer who often go above and beyond the call of duty to ensure the hall functions at its best. ## **KIBWORTH GRAMMAR SCHOOL HALL** ## Charity No 1044822 **BALANCE SHEET - 31st DECEMBER 2024** |**2024**
**TOTAL**
**Notes**
**£**
**FIXED ASSETS**
Furniture and equipment
6
**8,741**
**CURRENT ASSETS**
Cash at bank and in hand
**40,072**
Debtors
4
**1,319**
**41,391**
**CREDITORS**
Amounts falling due within one year
5
**4,474**
**NET CURRENT ASSETS**
**36,917**
**NET ASSETS**
**45,658**
**FUNDS OF THE CHARITY**
Unrestricted funds
**26,352**
Restricted funds
**19,306**
**45,658**
Approved by the Trustees on
……………………………………………….
………………………………………………..
Mr M Wyburn - Chairperson
Ms L Williams - Treasurer|2023
TOTAL
£
6,816
27,961
2,061
30,022
2,335
27,687
34,503
30,454
4,049
34,503| |---|---| The notes on pages 2 to 4 form part of these accounts. Page 1 ## **KIBWORTH GRAMMAR SCHOOL HALL** ## Charity No 1044822 ## **NOTES TO THE ACCOUNTS - 31st DECEMBER 2024** ## **1 Accounting policies** - (a) Basis of accounting These accounts have been prepared on an accruals basis. - (b) Recognition of incoming resources. (i) Booking fee income is included when receivable (ii) Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resouces. - **2 Analysis of incoming resources** |**2**
**3**|**Analysis of incoming resources**
(a)
Voluntary income
Donations
(b)
Activities for generating funds
Event income
Booking fees
(c)
Grants received
Restricted grants
Other (unrestricted)
(d)
Investment income
Interest received
**Analysis of resources expended**
**Governance costs**
(a)
Administration
Insurance
Telephones
Refuse collection
Postage and stationery
Cleaning materials
Licences
Professional Fees
Advertising
Refreshments
Computer expenses
Pest Control
Rent
Sundries
Bank charges
Community event grants
Event costs|**2024**
**£**
**1,303**
**783**
**37,717**
**38,500**
**23,150**
**-**
**23,150**
**423**
**3,227**
**1,662**
**690**
**281**
**997**
**634**
**3,394**
**-**
**24**
**629**
**480**
**5**
**46**
**7**
**-**
**3,349**
**15,425**|2023
£
297
-
35,496
35,496
439
-
439
234
2,985
1,335
921
507
979
334
1,060
100
19
484
480
5
245
178
481
-
10,113| |---|---|---|---| Page 2 ## **KIBWORTH GRAMMAR SCHOOL HALL** ## Charity No 1044822 **NOTES TO THE ACCOUNTS (continued) - 31st DECEMBER 2024** |**4**|(b)
Employment costs
Salaries
Pension Costs
(c)
Utilities and Water
Utilities
Water
(d)
Equipment and Repairs
Repairs and maintenance
(e)
Depreciation
**Total governance costs**
**Debtors**
Amounts due from hirers
Prepayments|**2024**
**£**
**19,846**
**436**
**20,282**
**11,028**
**700**
**11,728**
**1,584**
**1,584**
**3,202**
**52,221**
**844**
**475**
**1,319**|2023
£
19,076
397
19,473
9,601
521
10,122
1,291
1,291
893
41,892
1,943
118
2,061| |---|---|---|---| Page 3 ## **KIBWORTH GRAMMAR SCHOOL HALL** ## Charity No 1044822 **NOTES TO THE ACCOUNTS (continued) - 31st DECEMBER 2024** **==> picture [454 x 241] intentionally omitted <==** **----- Start of picture text -----**
2024 2023
£ £
5 Creditors - Amounts falling due within one year
Trade creditors 664 336
Deferred income 428 330
Taxation and social security 479 -
Accruals 2,903 1,669
4,474 2,335
6 Fixed Assets Computer Equipment TOTAL
Net Book Value at 31 December 2023 - 6,816 6,816
-
Additions in year 5,127 5,127
-
Depreciation charge 3,202 3,202
Net Book Value at 31 December 2024 - 8,741 8,741
**----- End of picture text -----**
## **7 Transactions with trustees** During the year the following expenses were re-imbursed: - £131 (2023 - £232) to Mr M Wyburn - £39 (2023 - £94) to Mr A Dawes - (2023 - £481) to Mrs G Hulley Page 4 ## **Independent Examiner's Report** ## **to the trustees of the Kibworth Grammar School Hall** I report to the trustees on my examination of the accounts of the above charity (''the Trust'') for the year ended 31 December 2024, which are set out on pages 1 to 4. ## **Responsiblities and basis of report** As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (''the Act''). 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 Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination. I have no concerns 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. Signed Peter Anderson Ireland & Company Limited 2 Nursery Court Kibworth Harcourt Leicester LE8 0EX Date: Page 5 ## **KIBWORTH GRAMMAR SCHOOL HALL** ## Charity No 1044822 ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31st DECEMBER 2024** |**Notes**
**INCOMING RESOURSES**
Voluntary income
2(a)
Activities for generating Funds
2(b)
Grants received
2( c)
Investment income
2(d)
Total incoming resources
**RESOURCES EXPENDED**
Cost of generating funds
Governance costs
3
Net income / (expenditure)
Transfer between funds
Net movement in funds
Total funds brought forward
Total funds carried forward|**Restricted Unrestricted**
**2024**
**2023**
**Funds**
**Funds**
**TOTAL**
**TOTAL**
**£**
**£**
**£**
**£**
-
1,303
**1,303**
297
-
38,500
**38,500**
35,496
23,150
-
**23,150**
439
-
423
**423**
234
23,150
40,226
**63,376**
36,466
2,766
49,455
**52,221**
41,892
20,384
(9,229)
**11,155**
(5,426)
(5,127)
5,127
**-**
-
15,257
(4,102)
**11,155**
(5,426)
4,049
30,454
**34,503**
39,929
19,306
26,352
**45,658**
34,503| |---|---| The notes on pages 2 to 4 form part of these accounts Page 6 ## Independent Examiner's Report to the trustees of the Kibworth Grammar School Hall I report to the trustees on my examination of the accounts of the above charity (''the Trust'') for the year ended 31 December 2024, which are set out on pages 1 to 4. Responsiblities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (''the Act''). 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 Charity Commission under section 145(5)(b) of the Act. Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the - form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination. - I have no concerns 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. Signed Peter Anderson Ireland & Company Limited 2 Nursery Court Kibworth Harcourt Leicester LE8 0EX Date: