2024-03-31-accounts - Walton Playing Field And Village Hall Charitable Trust

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I CHARITY COMMISSION | FOR ENGLAND AND WALES Trustees, Annual Report for the period From 11412023 Period ond date Period start date To 311312024 Charfty name: Walton Playing Fields and Village Hall Charilable Trust Charity registrallon numbor: 1055917 Ob"ectives and Activities Summary of the purposes of the charity as set out in its goveming document Pxra 1.17 Purpose of the Trust the provision and maintenan of a Recreation Ground and Village Hall, for the use of the inhabitants of Wamon without distin(on of polrtica. re1louS or other opinions iTrduding the use for meetings. lectures, classes and for other foms of recreation and leisu time OcpatIon with the 0tr4.ect of improving the corKlitions of lrfe for said inhabitants The hall is used for many aclivrties, used by a wide varsety of local groups for sporting, social and crafts. The h811 is also used by numerous age groups for Birthday parb"es, Weddings and other such events. The attached Playing Field is used for many sports.ng events and has a resident Football Team. We 81s0 hold a very SUCQS5ful annual Funda The Trustees have not had regard to the Guidano issued by the Charty Commission on public neffl. I will bring this lo the Tnjstees attentlon at the next Summary of the main actiV5ties in relation to those purposes for the public tnefft, in particular, the activities, projects or services identtfied in the accounts. Para 1.17 and 7.19 Statement confirming whether the trustees have had regard to the guidan issued by the Charity Commission on public benefrt Additional infomiatlon {optional) You ma choose to indude further Stat&rrtS where r*vant about.. Para 1.18 Poli on rant makin Policy on social investment induding program related investment Contribution made by volunteers Other Para 1.38 Para 1.38 Para 138

Financial Review Review of the charty's financial position at the end of the period Pva121 Treasurers Account £55.792.76 Business Instant Actess account Isavingsl £20368.20 At 311312024 The savings account was set up. primarily in 1999 when the hall wa50pened it was agreed io ring fence £20K lindexedl for infrastructu. today this would be more than £40K This was for emer8encyexpenditure rf requ4red for urgent major work or repairs, this capital would be used rfthe funds were not available in the current account. It akn acts a5 coverage sknuld the trust cease, we would have to make ourstaff redundant. so this would coverthe redundancy pay required. Statement explaining the policy for holding reserves Stating why they are held 122 Amount of reserves held Reasons for holding zero reserves Details of fvnd matefially defictt Explanation of any uncertainties about the arily continuing as a wing conrn Para 122 £20,C NIA PaR 122 Pa124 NIA Par8 123 NIA Add5tional inlom)ation (option•l) You ma choose to include fvrther ststements re relevant about.. The charity's principal sources of fvnds (including any fundraising) Par4 1.47 Investment Folicy and o*"ectives incEuding any social investment policy adopted Para 1.46 A description of the prinapal risks facing the charity Para 1.46 Other

Achievements and Perforniance Summary of the main achievements of the eharity, identifying the difference the charty's work has made to the circumstanS of Èts beneficiaries and any wthr benefits to society as a whole_ As a trust we have been using funds from our current account to make improvements to the hall and making repairs as necessary. At present we have Spent aroEtrnd £8k on improving the Lobby. including new loft insulation, boarding and shelving of the toft, the k>ft hatch to make rt easi accessible. we are CUTrentty assessing whether the Radiator5 need Updati approx. cost of £2L We are k)oking to spend approx. £6K on 120 rtew chairs for the Hall. We are Urrtjatir our FI Aam systèm frorn Copperto Fibre We have exteftded the path from Oak Crescent. snto the Playing Field and planters have been sortforthe front ofthe hall to divide the footpath from the car park. We a also aLtNelv trying to speak wTrth Polden Fafflis to extend the Lease on the hall, which is currently 42 years and has 14 years remainin& cost unknown. £IOK from thisyearfs Funday profft is to be ringfend to help pay for resurfaiing the Car Park In front of the village H811, we have had quotes in excess of £30K. We are still looking at lowering the ceiling in the main hall and repairing and protecting the hall fioor, and the Men's bathroom floor needs updatin& P8ra 111 Additional InfomiatioTr (optional) You ma choose to include further statements where re¥8ftt about Achievements against Para 1.41 eGtives sel Perforniance of fundraising activities against obJ"ectives sel I Invesknent perfom)anc* ainst o Other Parn 1.41 Paa 1.41

Structure, Governance and Management Descftption of charty's trusts.. Type of goveming document Pa53 125 Trust Deed How is the tharrty constituted? P*a125 Unincorporated asswiation ate Trustee sekction meth(M i including details of any constitutional provisions e.g. election to P05t or name of any person or body entiifed to appoint one or more trustees Pa¢a 125 Election to FK)sts is carried out at the annual AGM, by show of hands voting for positions such as Chairnian. Vice Chainnan. Treasurer and Secretary. Additional inforrnation {optionall You ma oose to indude further Stater where relevant abouL Policies and procedures adopted for the indtjction and training of trustee5 Para 1.51 The chaiity's organ¢sabonal st¥ucture and any wider netsvork wtth which the charity works Pwa 1.51 Relationship with any related parties Para 1.51 Olher Reference and Administrative details Cha name Other name the cha istered cha umber Charrty's prinpaI address Wallon Playin The Walton Tt 1055917 Meadow Lane. Walton, StreeL BA16 gLD and Vill Hall Chatitable Trust

Names of the charity tn manage the charity Tte& name Officg rrtaryl Name of pgrson lor ertitled Ifan Matthew Hardware Simon Hegarty Paul Ash Chair VI Chair Treasurer Lian Hardwa Secretary Robert Collins Matthew Hawkins Katie Hawkins Leanne Cullen Richard Clark 10 Richard Crossmon James Beatty Kirsty Summers Brena Court Helen Baker 12 14 16 17 18 19 20 Cor orate trustees- names of the director5 at date the re Dire¢tor name rtwasa roved Name of trustees holding lille to Wopth belonging to the tharity

Funds held as custodian trustees on behalf of others Description of the assets NIA held in this capacity Name and objects of the charity on whose behalf the asset5 are held and how this falls wilhin the custojian chanty's objects NIA Details of arrangements for safe custody and segregation of such assets from the chanty's own assets WA Additional infomiation loplional) Namos and addrosses of advisers {Optional information) Type of Plame Address adviser Name of chief executive or namos of smior staff members {Optional inforniationl Exemptions from disclosure Reason for nOrHlisclosu of k r¥onnel details Other o tional inforniation

Declarations The trustees declare thatthey have approvod the trustees, report abov Signod on hall of tho charlty's trustees Signathrelsl Full namels Position leg Se¢rotsry. Chair. etcl c Iii[(I Dale

THE WAL TON TRUST STATEMEIIT OF FINANCIAL ACTrWTIES FOR THE YEAR ENDED 31 MARCH 2024 INCOME AND EXPENSES- GENERAL FUND 2024 21ll3 Ineomg all hiring MUGA & Fdayng fidds Rent Fun Day Grants Clothes Bank Feed-ln Tariff Donations Inl&r8si received other 24.813 1.275 550 5.523 4.750 232 22.695 1.061 619 3.439 30.920 314 1.841 215 15 38 100 39.674 62.475 -xpenses Olfice costs S818ri8s Licwtrces TelethTh & ffiterrt Cleaning Rates Rent Irtsurance Heet & Iwht Repairs & upk8ep offield 149 7,325 186 7.031 1.1 1.762 1.408 370 978 1.698 920 370 1,254 4.324 2.135 3.487 5.080 11.454 8.211 138.701) 123.1591 Nei surplus forihe y 973 39.316

THE WALTON TRUST STATEMENT OF F114ANCiAL KTIVITIES FOR THE YEAR ENt)ED 31 MARCH 2024 8ALANCE SHEET. GENERAL FUND 2024 2023 Tangible assets 372.333 354.633 Cent assgts Hire debtNs Lloyds TS8 aeeount 22(78 Lbyds TS8 arUnt 891874 2.970 57.090 2.840 74.161 20.177 42 80.494 97.222 Current liab"tirti8s AcoJr81s Net ¢LNr&nt assets &1.494 97,222 L481 &$89ts 452.828 451,855 IrKome Fun Balance as at 1 Awil 2022 SurpSus for Ihe year 451.855 973 412.539 39.316 alance as at 31 M¥ch 2 452.828 451,855

THE WALTON TRUST STATEMENT OF FI14ANCL ACTIVITIES FOR ThE YEAR ENDED 31 MARCH 2024 NOTES TO THE ACCOUNTS Tangible fixgd ass¢ts Land & FixtyJre5 & Buiklings Fittings Total Cost 81Fw Addib"cfis Ibehxl Cost ClFwd 388.186 47.988 25.911 73.899 436.173 25,911 462,084 388,186 47.9)1 34.039 8.211 42.250 81,540 8,211 B9.751 ChaTye Deweu8th CIFVKI 47,501 Net b)ok vsiu8 as gt 1 Apn"12023 340.685 13.949 354,633 Net bc4Jk vatue as at 31 March 2024 340.685 31.649 372,333 Additions 25.911 25.911 2. Grant Ineorne 2023 2.000 3.000 2i.920 30.920 2024 1,750 wallc Parish Council- Funday & Olh8r Walton Pari$h Coun(41- G¥JeTal ip Dvstrict CouKal- s106 4.750 R•patrs & upkeep of field 2024 New carpet tiks Lighting & hesting r8P8irslinwcwements. eleC1r Plumbing 4,549 1.028 2.913 11.454

THE WALTON TRUST STATEMENT OF F114ANCIAL ACIIVlnES FOR THE YEAR ENDED 31 MARCH 2024 NOTES TO TrIE ACCOUNTS Tangible fixed assets Land & Ftxturos & Buildin9s Fitttngs Tot•l Cost BIFwd Addits.S Ibglowl Cost CIFwd 388.186 47.988 25.911 73.899 436,173 25.911 462.084 388.186 Depreciation Charge D6prea8tion CIFW 47.501 34.039 8.211 42.250 81.540 8,211 89.751 47.1 N8t 0k valu& as at 1 1 2023 340.685 13.949 354.633 Net trook vdu8 85 at 31 March 2024 31.649 372,333 Addilions 25.gt1 25.911 2. Grant Incom 2023 2024 1,750 waOn Parish Ctsuncal- Funday & Other wa0 Parish Couwl- General Mendip Distnct Council- 5106 25.920 30.920 4,750 3. Repair5 & upkeep of f•eld 2024 New caqAt tibs Lighting & heating rep8wstmwovem&nts. eleetrts1 w)rk Plumbing 4.549 1.028 2,913 11.454