ST ST MARGARET'S-AT-CLIFFE MARGARET’S-AT-CLIFFE[VILLAGE] VILLAGE HALL HALL Registered Registered Charity Charity Number Number 1070903 1070903
St St Margaret's Margaret’s Hall Hall
Reach Reach Road Road
St St[Margaret's-at-Cliffe] Margaret’s-at-Cliffe Dover Dover Kent Kent CT15 CT15 6AP 6AP
ANNUAL ANNUAL REPORT AND REPORT AND[FINANCIAL] FINANCIAL STATEMENTS STATEMENTS
FOR FOR THE YEAR THE YEAR ENDED ENDED 31[31] DECEMBER DECEMBER 2024 2024
INDEX INDEX
Pages Pages1&2[1] &[2] Annual Annual Report Report for for 2024 2024
Page Page 3[3] Independent Independent Examiner's Examiner’s Report Report
Page Page[4-5] 4-5 General General Fund Fund Receipts Receipts & & Payments Payments Account Account
Page Page[6] 6 Schedule Schedule[of] of Fixed[Fixed] Assets Assets
Statement Statement of[of] Funds[Funds]
Statement Statement[of] of Assets Assets & & Liabilities Liabilities
Pages Pages[7] 7-9 - 9 Notes Notes[to] to[the] the[Financial] Financial Statements Statements
CUSTODIAN CUSTODIAN TRUSTEES TRUSTEES
Sylvia Sylvia Falconbridge Falconbridge Dianne Dianne Parker Parker
COMMITTEE COMMITTEE MANAGEMENT MANAGEMENT Mr Mr[David] David[Hart] Hart[(Chairman)] (Chairman)
Mrs Mrs Shelagh[Shelagh][Vines] Vines[(Treasurer)] (Treasurer)
Mr Mr Tony Tony[Fielding] Fielding
Mrs Mrs Heather Heather Berwick Berwick Mrs Mrs Sandy[Sandy][Liggins] Liggins
Mrs Mrs Christine Christine Waterman Waterman (Deputy[(Deputy] Chair) Chair)
Mrs Mrs Margaret Margaret Haslam Haslam (Secretary) (Secretary)
Mrs Mrs Marian Marian Andrews Andrews
Mr Mr Andy Andy[Stevenson] Stevenson
Bankers: Bankers:
Nat Nat West West[Bank] Bank
25 25 Market Market Square Square Dover Dover Kent[Kent]
Independent Independent Examiner: Examiner:
Mr Mr M[M][Dodd] Dodd[FCA] FCA
ST ST MARGARET'S-AT-CLIFFE MARGARET’S-AT-CLIFFE[VILLAGE] VILLAGE HALL HALL
Registered Registered Charity Charity Number Number 1070903 1070903
ANNUAL ANNUAL REPORT REPORT FOR FOR THE THE YEAR TO YEAR TO[31] 31 December December 2024 2024
ADMINISTRATION ADMINISTRATION INFORMATION INFORMATION
Address: Address:
St St Margaret's-at-Cliffe Margaret’s-at-Cliffe Village Village Hall Hall is is situated situated[in] in Reach Reach Road, Road,[St] St Margaret’s-at-Cliffe, Margaret's-at-Cliffe, Dover, Dover, Kent, Kent,
CT CT15 15 6AP. 6AP.[This] This[is] is[the] the correspondence correspondence[address.] address. It It[is] is also also known knownas as[St] St Margaret’s Margaret's Hall. Hall.
Trustees Trustees[and] and Committee Committee of[of] Management: Management: The The name name[of] of the[the] Trustees Trustees[and] and Committee Committee Management Management at at the[the] date date of[of] this this report report are are[detailed] detailed on on[the] the[front] front cover. cover.
STRUCTURE, STRUCTURE, MANAGEMENT MANAGEMENT & & GOVERNANCE GOVERNANCE
Governing Governing Document: Document:
The The Charity Charity was was created created by by a a lease lease and and deed deed of of trust trust dated dated 18 18 May May 1998. 1998. The The lease lease is[is] over over the the Hall, Hall, land land and and buildings buildings[at] at Reach[Reach] Road, Road, St[St][Margaret's-at-Cliffe] Margaret’s-at-Cliffe for for a a period period 99 99 years years from from[1] 1 January January 1998. 1998. The The Trustees were Trustees were
appointed appointed by by[the] the trust trust deed deed and and the the Committee Committee[of] of Management Management consists consists[of] of two two elected elected members members and and other other
members representing members representing various various village village[organisations.] organisations.
The The Committee Committee of[of] Management: Management:
The The Committee Committee[is] is responsible responsible for for all all aspects aspects of of planning planning and and financial financial management management as as well well as as the the running running of of the the
Hall Hall and and the the administration administration of the of the Charity. Charity. It It is is also also responsible responsible for for risk risk management. management.
Governance: Governance:
Governance: Governance:
Governance Governance[issues] issues are are largely largely monitored monitored[by] by[the] the chairman, chairman,[secretary,] secretary,[and] and treasurer treasurer[of] of the[ the] Management Management
Committee Committee for for the[the] time time[being.] being. They They[seek] seek[to] to[be] be generally generally compliant[compliant] with with[the] the recommendations recommendations of[of] the[the] Charity Charity
Commission Commission on on good good governance governance[and] and[the] the[provision] provision[of] of public public benefits. benefits.
OBJECTIVES OBJECTIVES & &[ACTIVITIES] ACTIVITIES
Objectives: Objectives: Paragraph Paragraph (1) (1) of[of] the[the] Second Second Schedule Schedule[of] of the[the] Trust Trust Deed Deed states states[that] that “...for "...for the[the] purposes purposes[of] of a a village village hall hall for for the[the] use use[of] of the[the][inhabitants] inhabitants[of] of the the[Parish] Parish of[of] St[St] Margaret’s-at-Cliffe Margaret's-at-Cliffe[in] in[the] the county county[of] of[Kent,] Kent,[without] without distinction distinction[of] of political, political, religious religious or or other other opinions, opinions,[including] including[the] the use use for for meetings, meetings,[lectures] lectures[and] and classes,[classes,] and[and] for for other other forms forms of[of] recreation recreation[and] and[leisure-time] leisure-time occupation, occupation, with with[the] the[object] object[of] of[improving the] improving the conditions conditions[of] of life life for for the[the][said] said inhabitants." inhabitants.”
Principal Principal Activities: Activities:
The The principal principal activity activity[of] of the[the] Charity Charity[is] is[the] the[provision] provision[of] of[a] a community community facility facility for for the[the] residents residents of[of][St] St Margaret's-atMargaret’s-atCliffe for[a] wide[variety][of] activities.[Bookings] are taken[and][rents][charged] on a[basis] which[is] affordable[to][the] Cliffe for a wide variety of activities. Bookings are taken and rents charged on a basis which is affordable to the
users users[of] of the[ the][Hall] Hall[and] and cover cover[the] the[running] running[costs.] costs. Fundraising[Fundraising][activities] activities are[are][also] also[organised] organised[by] by[the] the Management[Management] Committee Committee to[to][assist] assist[in] in covering covering[increasing] increasing[costs.] costs.
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ST ST MARGARET'S-AT-CLIFFE MARGARET’S-AT-CLIFFE VILLAGE VILLAGE HALL HALL
Registered Registered Charity Charity Number Number 1070903 1070903
ANNUAL ANNUAL REPORT REPORT FOR FOR THE YEAR THE YEAR TO TO 31 31 December December 2024 2024
REVIEW REVIEW OF[OF] THE THE YEAR YEAR
Throughout Throughout 2024 2024[St.] St. Margaret's Margaret’s[Hall] Hall was was again again a a very very[successful] successful and and popular popular venue venue for for the[the] local local community. community.
The The bookings bookings made made each each month month are are for for many many different different uses uses including including NHS NHS rehabilitation rehabilitation courses, courses, Art Art Classes, Classes,
Toddlers Toddlers Group, Group, WI WI meetings meetings[etc.] etc.[etc.] etc. All All regulated regulated inspections inspections have have been been carried carried out out and and required required repairs repairs completed. completed.
Our Our financial financial condition condition[is] is good, good, thus thus enabling enabling[the] the Trustees Trustees to to undertake undertake[and] and consider consider future[future] developments developments and and improvements. improvements.
FINANCIAL FINANCIAL REVIEW REVIEW
The The total total receipts receipts and and payment payment on on the the General General Fund Fund are are detailed detailed on on Pages Pages 4 4 and and[5,] 5, and and the the Restricted Restricted and and Designated Designated[Funds] Funds on on Pages Pages[6.] 6.
There There was was a a deficit deficit of[of] £6398, f6398, compared compared with with a a[surplus] surplus of[of] €521 £521 for for the the year year 2023. 2023. These These results results have have to to be be considered considered[in] in conjunction conjunction with with a a new new boiler boiler purchased purchased during during[the] the year year that that cost cost El £11,154.[1,154.]
RESERVES RESERVES POLICY POLICY
It It is is the the policy policy to to maintain maintain a a modest modest balance balance on on the the General General Fund Fund only, only, so so that that there there are are sufficient sufficient resources resources to to
meet meet normal normal outgoings. outgoings. However, However,[the] the general general strategy strategy[is] is to to[transfer] transfer a a cash cash sum sum equivalent equivalent to to[the] the depreciation depreciation of of Fixtures, Fixtures, Fittings Fittings & & Equipment Equipment to to reserves reserves so so that that these these assets assets can can be be replaced replaced when when they they reach reach the the end end of of
their their useful useful lives. lives. A A similar similar[transfer] transfer of[of] the the property property depreciation depreciation remains remains a a longer longer term term[objective] objective so so as to as to provide provide funding funding for for future future major major refurbishments. refurbishments.
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Approved Approved [by] by the the Management Management Committee Committee OA)me 3. A. SeiG iad.
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ST ST MARGARET'S-AT-CLIFFE MARGARET’S-AT-CLIFFE VILLAGE VILLAGE HALL HALL
Registered Registered Charity Charity Number Number 1070903 1070903
INDEPENDENT INDEPENDENT EXAMINER’S EXAMINER'S REPORT ON REPORT ON THE ACCOUNTS THE ACCOUNTS
Report Report to[to] the[the] Trustees Trustees and and The The Committee Committee of[of] Management Management[of] of[St.] St.[Margaret's-at-Cliffe] Margaret’s-at-Cliffe[Village] Village Hall Hall on on the[the] financial financial statements statements for for the[the] year year ended ended[31] 31 December December 2024 2024[set] set out out on on[Pages] Pages[4] 4[to] to 9.[9.]
I | report report to to the the trustees trustees on on my my examination examination of of the the accounts accounts of of the the above above charity charity ("the (“the Trust”) Trust") for for the the year year ended ended 31 31 December December 2024.[2024.]
Respective Respective Responsibilities[Responsibilities] of[of] Trustees Trustees and and Examiner Examiner As As[the] the charity charity trustees trustees of[of] the the Trust, Trust, you you are are[responsible] responsible for for the the preparation preparation[of] of the the accounts accounts in[in] accordance accordance with with the the requirements requirements of[of] the[the][Charities] Charities Act Act 2011 2011[("the] (“the Act”). Act").
I | report report in in respect respect of of my my examination examination of of the the Trust's Trust’s accounts accounts carried carried out out under under section section 145 145 of of the the 2011 2011 Act Act and and in in carrying carrying out out my my examination, examination,[I] | have have followed followed the the applicable applicable Directions Directions given given by by the the Charity Charity Commission Commission under under section section 145(5)(b) 145(5)(b) of of the the Act. Act. Independent Independent Examiner's Examiner’s Statement Statement I | have have completed completed my my examination. examination. I | confirm confirm that that no no material material matters matters have have come come to to my my attention attention in in connection connection with with the the examination examination which which gives gives me me cause cause to to believe believe that that in, in, any any material material respect: respect: • e Accounting Accounting records records were were not not kept kept[in] in accordance accordance with with section section 130 130 of of the[the] Act[Act] or or e The The accounts accounts do do not not accord accord with with the the accounting accounting records. records. • e The The accounts accounts did did not not comply comply with with the[the][applicable] applicable requirements requirements concerning concerning the[the] form form and and content content of[of] accounts accounts set set out out[in] in the the[Charities] Charities (Accounts (Accounts and and Reports) Reports) Regulations Regulations 2008 2008 other other than than any any requirement requirement[that] that[the] the accounts accounts give give a a true true and and fair view fair view which which is is not not a a matter matter considered considered as as part part of of an an independent independent examination. examination. I | have have no no concerns concerns and and have have come come across across no no other other matters matters in in connection connection with with the the examination examination to to which which attention attention should should[be] be drawn[dra] n[in] in[this] this report report[in] in order order to to enable enable a a proper proper understanding understanding of[of] the the accounts accounts to to[be] be reached. reached. SIRNERE Signed:[iscsi] V>[Mmmannnnannmmenees] Date: Date: lea Sale nk.Leis=
M M Dodd Dodd
Fellow Fellow[of] of[the] the Institute Institute of[of][Chartered] Chartered Accountants Accountants
Address: Address:
5 5 Seaview Seaview Road Road
St St Margaret's Margaret’s Bay Bay Dover Dover Kent Kent CT15 CT15[6EE] 6EE
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ST ST MARGARET'S-AT-CLIFFE MARGARET’S-AT-CLIFFE VILLAGE VILLAGE HALL HALL Registered Registered Charity Charity Number Number 1070903 1070903
FINANCIAL FINANCIAL STATEMENTS STATEMENTS FOR THE YEAR FOR THE YEAR ENDED ENDED 31 31 DECEMBER DECEMBER 2024 2024
General General Fund Fund Receipts Receipts and and General General Account Account
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|||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Notes|Notes|2024|2024|2023|2023|
|£|E|£|
|RECEIPTS|RECEIPTS|
|Hall|Hall|Hire|Hire|(inc|(inc|corkage|corkage|charges)|charges)|36,674|36,674|28,796|28, 796|
|Deposit|Deposit|Interest|Interest|1,175|L175|616|616|
|Bar|Bar|Takings|Takings|21,619|21,619|18,426|18,426|
|Sundry|Sundry|Receipts|Receipts|137|137|67|67|
|Total|Total|Receipts|Receipts|59,605|59,605|47,|47,905|905|
|PAYMENTS|PAYMENTS|
|Employment|Employment|Costs|Costs|14,668|14,668|13,855|13,855|
|Cleaning|Cleaning|Services|Services|3,318|3,318|3,516|3,516|
|Electricity|Electricity|4,|4,739|739|2,081|2,081|
|Gas|Gas|3,269|3,269|2,559|2,559|
|Water|Water|&|&|Drainage|Drainage|2,050|2,050|1,695|1,695|
|Insurance|Insurance|3,484|3,484|3,403|3,403|
|Office,|Office,|Telephone|Telephone|&|&|Admin|Admin|Expenses|Expenses|1,578|1,578|1,143|1,143|
|Bar|Bar Stock|Stock|Purchases|Purchases|8,261|8,261|7,671|aGFA|
|Cleaning|Cleaning and|and|Household|Household|Materials|Materials|1,121|4,421|802|802|
|Waste|Waste|[Disposal]|Disposal|1,075|1,075|1,378|1,378|
|General|General|maintenance|maintenance|&|&|Repairs|Repairs|1,923|1,923|1,901|1,901|
|New|New|tablecloths|tablecloths|0|353|353|
|Computer|Computer expenses|expenses|180|180|340|340|
|Sound|Sound|system|system|2,333|2,333|0|
|Gutter|Gutter and|and|window|window|cleaning|cleaning|650|650|350|350|
|Beer|Beer|[Bottle]|Bottle|Cooler|Cooler|fe)|243|243|
|Kitchen|Kitchen|Equipment|Equipment|Repairs|Repairs|0|o|1,174|1,174|
|Toilet|Toilet|repairs|repairs|631|631|1,084|1,084|
|New|New|[boiler]|boiler|11,154|11,154|)|
|EPC|EPC|550|550|0|
|Electrical|Electrical|reports|reports and|and|repairs|repairs|501|501|0|
|Electrical|Electrical|work|work|0|o|1,339|1,339|
|Lights|Lights|for|for|fun|[fun]|518|518|0|
|Emergency|Emergency|[lights]|lights|478|478|0|
|Garden|Garden|Expenses|Expenses|1,965|1,965|685|685|
|Licencing|Licencing|Costs|Costs|1,341|1,341|1,130|1,130|
|Sundry|Sundry|Expenses|Expenses|20|20|612|612|
|Credit|Credit|Card|Card|charges|charges|196|196|70|70|
|Total|Total|Payments|Payments|66,003|66,003|47,384|47,384|
|Excess|Excess|[of]|of Receipts|Receipts over|over Payments|Payments|-6,398|-6,398|521|521|
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ST ST MARGARET'S-AT-CLIFFE MARGARET’S-AT-CLIFFE VILLAGE VILLAGE HALL HALL
Registered Registered Charity Charity Number Number 1070903 1070903
FINANCIAL STATEMENTS FINANCIAL STATEMENTS FOR FOR THE THE YEAR YEAR ENDED ENDED 31 31 DECEMBER DECEMBER 2024 2024
General General Fund Fund Receipts Receipts and and[General] General Account Account Continued Continued
| Notes Notes |
2024 2024 |
2023 2023 |
|
|---|---|---|---|
| £ | £ | ||
| Cash and BankBalances at 1st January 2024 Cash and Bank Balances at 1stJanuary2024 |
98036 98036 |
97515 97515 |
|
| Deficit as page 4 Deficit as page 4 |
-6398 -6398 |
521 521 |
|
| Cash and Bank Balances at 31 December 2024 Cash and Bank Balances at31December2024 |
91638 91638 |
98036 98036 |
|
| Being Being |
|||
| Cash Cash |
302 302 |
359 359 |
|
| NatWest Bank current NatWest Bank current |
9,656 9,656 |
34,919 34,919 |
|
| NatWest Bank deposit NatWest Bankdeposit |
81,680 81,680 |
62,758 62,758 |
|
| 91,638 91,638 |
98,036 98,036 |
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ST ST MARGARET'S-AT-CLIFFE MARGARET’S-AT-CLIFFE VILLAGE VILLAGE HALL HALL Registered Registered Charity Charity Number Number 1070903 1070903 FINANCIAL FINANCIAL STATEMENTS STATEMENTS FOR FOR THE YEAR THE YEAR ENDED ENDED[31] 31 DECEMBER DECEMBER 2024 2024
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||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|SCHEDULE|SCHEDULE OF|OF|FIXED|FIXED|ASSETS|ASSETS|Leasehold|Leasehold|Fixtures,|Fixtures,|[Fit]|Fit|Total|Total|Total|Total|
|Property|Property|&|&|[Equip]|Equip|2024|2024|2023|2023|
|£|£|£|£|
|Cost|Cost|
|As|As|[at]|at|[1st]|1st January|January|2024|2024|549,601|549,601|63,298|63,298|612,899|612,899|612,899|612,899|
|Additions|Additions|in|[in]|year|year|-|-|-|-|
|Disposals|Disposals|in|in|year|year|-|-|-|-|
|As|[at]|[31st]|December|2024|549,601|63,298|612,899|612,899|
|As at 31st|December|2024|
|Depreciation|Depreciation|
|As|As|[at]|at|1st|[1st]|January|January|2024|2024|122,|122,787|787|56,119|56, 119|178,906|178,906|171,|171,792|792|
|Written|Written|[back]|back on|on|[disposal]|disposal|.|-|-|-|
|Depreciation|Depreciation|charge|charge|for|for the|the|year|year|5,847|5,847|1,077|1,077|6,924|6,924|7,114|7,114|
|As|As|[at]|at|[31st]|31st|December|December|2024|2024|128,634|57,196|185,830|178,906|
|es|ee|es|
|Net|Net|book|book|[value]|value|as|as|[at]|at|31st|3ist|December|December|2024|2024|420,967|6,|102|427,069|433,993|
|Net|Net|book|book|[value]|value|as|as|at|[at]|31st|[31st]|December|December|[2023]|2023|426,814|7,179|433,993|
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STATEMENT STATEMENT OF[OF][FUNDS] FUNDS[AS] AS AT AT 31st[31st] DECEMBER[DECEMBER] 2024 2024
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Note|General|[Fund]|Designated|Designated|Restricted||Restricted|Total|Total|Total|Total|
|Property|Revenue|Fund|Fund|F,F|&E|Fund.|&|[E]|Fund.|Grants|Grants}|2024|2024|2023|2023|
|£|£|£|£|£|£|
|Balance|Balance|[at]|at|[1st]|1st January|January|2024|2024|118,554|118,554|30,196|30,196|52,630|52,630|330,649|330,649|532,029|532,029|538,622|538,622|
|Leasehold|Leasehold|[Depreciation]|Depreciation|5,847|5,847||-|5,847|5,847|-|-|
|Leasehold|Leasehold|Grants|Grants|write|write|off|off|4,530|4,530|-|4,|4,530|530|-|-|
|Fixtures,|Fixtures,|Fit|Fit|and|and|Equip|Equip|Depn|Depn|-|1,077|1,077|1,077|1,077|-|-|
|Receipts/(Payments)|Receipts/(Payments)|for|for|the|[the]|year|year|-|6,398|6,398|-|6,398|6,398|521|521|
|Depreciation|Depreciation|of Assets|of Assets|-|5,847|5,847|-|1,077|1,077|-|6,924|6,924||-|7,114|7,114|
|Fund|Fund|Balances|Balances|at|at 31st|[31st]|December|December|2024|2024|[—|—11gssa[|118,554|21,404]|52,630|52,630[|—326,119||326,119|518,707]|518,707|532,029|532,029|||
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STATEMENT STATEMENT OF[OF] ASSETS ASSETS AND[AND] LIABILITIES[LIABILITIES] AT AT 31st[31st][DECEMBER] DECEMBER 2024 2024
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Note|General|[Fund]|Designated|Designated|Restricted||Restricted|Total|Total|Total|Total|
|Property|Revenue|Fund|Fund|F,F &|&|[E]|E|Fund.Grants||Fund.|Grants|2024|2024|2023|2023|
|£|E|£|£|£|£|
|Fixed|Assets|420,967|6,102|427,069|433,993|
|Less:|Less:|Grants|Grants|-|326,119|326,119|-|326,119|326,119||-|-|330,649|330,649|
|Fixed|Fixed|Assets,|Assets,|Net|Net|of Grants|of|Grants|94,848|94, 848|6,102|6,102|100,950|100,950|103,344|103,344|
|Cash|Cash|Floats|Floats|302|302|302|302|359|359|
|Bank|Bank|Balances|Balances|-|-|NatWest|NatWest|23,|23,706|706|21,102|21, 102|46,528|46,528|91,336|91,336|97,677|97,677|
|Assets|represented|by|Funds|118,554|21,404|52,630|192,588|201,380|
|Other|Other Assets|Assets|-|-|Bar|Bar Stocks|Stocks|400|400|400|590|590|
|118,554|21,804|52,630|192,988|201,970|
|Less|liabilities|liabilities|-|-|Creditors|Creditors|
|Net|[Assets]|[at]|[31st]|December 2024|118,554|21,804|52,630|192,988|201,970|
|NetLess Assets at 31st December 2024|[|Wi Be118554]te21,g0a[|—52,630[Bn|A=~||Bn192,988]|201,970nn ||
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ST ST MARGARET’S-AT-CLIFFE MARGARET'S-AT-CLIFFEVILLAGE VILLAGE HALL HALL
Registered Registered Charity Charity Number Number 1070903 1070903
NOTES NOTES TO TO FINANCIAL[FINANCIAL] STATEMENTS STATEMENTS FOR FOR THE YEAR THE YEAR ENDED ENDED 31[31] DECEMBER DECEMBER 2024 2024
- STATEMENT STATEMENT OF[OF] ACCOUNTING ACCOUNTING POLICIES POLICIES The The financial financial statements statements have have been been prepared prepared[in] in accordance accordance with with the the applicable applicable accounting accounting standards, standards, the the Charities Charities
SORP SORP 2005 2005 on on a a Receipts Receipts and[and] Payments Payments[basis.] basis.
a. a. Funds Funds General General funds funds represent represent[the] the funds funds[of] of the the Charity[Charity][that] that are are not not subject subject to to special special restrictions restrictions regarding regarding their their use use and and are are available available for for application application to to the the general general purposes purposes[of] of the the Charity. Charity.
Restricted Restricted funds funds are are funds funds which which were were received received by by way way of of grant grant or or donation donation for for a a specific specific purpose, purpose, or or where where
sums sums[have] have[been] been[specifically] specifically[allocated] allocated[for] for such[such] purpose. purpose.
Designated Designated[funds] funds are are[funds] funds which which represent represent amounts amounts set set aside[aside] from from general general funds funds for for a a particular particular purpose purpose[but] but are are[not] not restricted restricted[and] and can can therefore therefore[be] be[reallocate] reallocate[if] if so so required required[by] by the[the] Management Management Committee. Committee.[These] These funds funds have have now now[been] been transferred transferred to[to][the] the[General] General Fund.[Fund.]
The The financial financial statements statements include include monetary monetary transactions, transactions, assets, assets, and and liabilities liabilities for for which which the[the][Charity] Charity can can be be held[held]
responsible. responsible. They They do do not not include include the the accounts accounts of of other other Village Village organisations, organisations, nor nor assets assets or or equipment equipment within within the the Hall Hall which which may may be be[in] in the the ownership ownership[of] of others.[others.]
All All funds funds of of the the Charity Charity are are held held[in] in a a combined combined bank bank account account with with the the NatWest NatWest Bank Bank or or on on deposit deposit with with Barclays Barclays Bank. Bank. All All deposit deposit interest interest[is] is treated treated as as applicable[applicable] to to General General Funds, Funds,[unless] unless specifically specifically[directed] directed otherwise otherwise by by[the] the donor. donor.
b. b. Income, Income, Capital[Capital] Sources Sources and and Expenditure Expenditure All All general general income income is[is] recognised recognised when when received received by by[the] the Charity. Charity. Although Although hiring hiring charges charges are are normally normally[received] received in[in] advance advance[of] of the[the][booking] booking date,[date,][the] the amount amount received[received][in] in[the] the year year[is] is recognised recognised in[in][the] the[General] General[Fund] Fund Receipts Receipts[and] and Payments Payments Account. Account.
Donations Donations are are treated treated as as General General Funds Funds[unless] unless specifically specifically restricted restricted by by the[the] donor. donor.
Expenditure Expenditure is[is] accounted accounted for for when when[irrevocably] irrevocably paid. paid.
The The amount amount of of the the original original fundraising for fundraising for the the hall, hall, together together with with the[the] specific specific grants grants[applicable] applicable[thereto,] thereto, have have all[all]
been been treated treated as as Restricted Restricted Funds Funds relating relating to to[that] that building building project. project.
-
c. c. Statement Statement of[of] Assets Assets and and Liabilities Liabilities In In arriving arriving at at the the value value of of assets assets shown, shown, provision provision[is] is made made for for depreciation depreciation as as follows: follows:
-
1) 1) Leasehold Leasehold Buildings. Buildings. Over Over[the] the period period[of] of the[the][lease] lease[to] to[31] 31 December December[2096.] 2096.
2) 2) Fixtures, Fixtures, Fittings Fittings & & Equipment. Equipment. 15% 15% per per annum annum on on the the reducing reducing balance. balance. Items Items[of] of expenditure expenditure less[less] that[that] E500 £500 are are written written[off] off as as renewals renewals[in] in[the] the year year of[of] payment. payment.
7 7
ST ST MARGARET’S-AT-CLIFFE MARGARET'S-AT-CLIFFEVILLAGE VILLAGE HALL HALL Registered Registered Charity Charity Number Number 1070903 1070903 NOTES NOTES TO TO[FINANCIAL] FINANCIAL STATEMENTS STATEMENTS FOR FOR THE[THE YEAR] YEAR[ENDED] ENDED[ 31] 31 DECEMBER[DECEMBER][ 2024] 2024
2. 2. CHANGE CHANGE OF OF LEGAL LEGAL STATUS STATUS
2. CHANGE CHANGE OF LEGAL LEGAL STATUS
The The original original custodian custodian trustees trustees of[of] the[the][lease] lease have have both both died[died] and and have have been been replaced.[replaced.][So] So as as to to provide provide a a permanent permanent
ongoing ongoing legal legal status status for for the the[charity] charity and and holders holders[of] of the[the][lease,] lease, a a company company limited limited[by] by guarantee guarantee[has] has been been[formed.] formed.[St] St
Margaret's Margaret’s Village Village[Hall] Hall[(Kent)] (Kent)[has] has[also] also been been[registered] registered with with[the] the Charity Commission. Charity Commission.
Because Because[the] the existing existing[lease] lease contains contains[provisions] provisions for for a a management management structure structure[that] that are are not[not] longer longer appropriate, appropriate,
arrangements arrangements are are[in] in hand hand for for the[the] granting granting of[of] a[a] new new[lease] lease with with[the] the same same rental rental terms terms and[and] termination termination[date.] date.[These] These arrangements arrangements are are now now expected expected[to] to be[be] concluded[concluded] during during[2025.] 2025.
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- GROUND GROUND RENT RENT Under Under[the] the terms terms[of] of the[the][lease] lease from from[the] the[Canterbury] Canterbury Diocesan Diocesan[Board] Board[of] of[Finance,] Finance,[the] the[rent] rent payable payable[is] is[El] £1 per per annum annum[for] for the the duration duration of of the the lease lease which which expires expires on on 31 31 December December 2096. 2096. But But under under the the terms terms of of the the[lease,] lease, the the landlord[landlord] is[is] entitled entitled to to use use[of] of the[the] Hall[Hall] without without payment payment for for two two[days] days[a] a week. week.
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- TRANSERS TRANSERS BETWEEN BETWEEN[FUNDS] FUNDS a) a) Restricted Restricted Funds Funds In In accordance accordance with with the the accounting accounting policies policies set set out out in[in] Note Note[lc,] 1c, provision provision is[is] made made for for depreciation depreciation[of] of the[the] leasehold leasehold premises premises so so[that] that this this expenditure expenditure[is] is written written off off over over the[the] period[period][of] of the[the] lease.[lease.][Similarly,] Similarly,[ the] the Restricted Restricted funds funds provided provided by by way way of of grant grant and and donation donation for for the the building building are are similarly similarly written written off off over over the[the] same same[period.] period.[Transfers] Transfers[ from] from[the] the[General] General[Fund] Fund[to] to[reflect] reflect[these] these[adjustments] adjustments[are] are as[as][follows:] follows:
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|||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|2024|2023|
|E|E|
|Depreciation|Depreciation|[of]|of|Leasehold|Leasehold|[Premises]|Premises|5,847|5,847|5,847|5,847|
|Less:|Less:|[Transfer]|Transfer|from|from|[Restricted]|Restricted|[Grant]|Grant|[Fund]|Fund|4,530|4,530|4,530|4,530|
|Net|Net|transfer|[transfer]|from|from|General|General|[Fund]|Fund|u|1,317|Ws|I|1,317|Lai|
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b) b) Designated Designated Funds Funds
Provision Provision is is made made for for depreciation depreciation of of[Fixtures,] Fixtures, Fittings Fittings and and Equipment Equipment[in] in accordance accordance with with Note Note[lc,] 1c, and and so so
that that this this cost cost is is a a charge charge on on the the General General Fund, Fund, a a Transfer Transfer is is made made to to reflect reflect this this as as follows: follows:
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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|2024|2023|
|E|E|
|Depreciation|Depreciation|[of]|of|Equipment|Equipment|LOTT|1,077|1,267|1,267|
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ST ST MARGARET'S-AT-CLIFFE MARGARET’S-AT-CLIFFE VILLAGE VILLAGE HALL HALL
Registered Registered Charity Charity Number Number 1070903 1070903 NOTES NOTES TO TO FINANCIAL[FINANCIAL] STATEMENTS STATEMENTS FOR FOR THE THE YEAR YEAR ENDED ENDED 31[31] DECEMBER DECEMBER 2024 2024
5. 5. BAR BAR INCOME INCOME
Bar Bar Sales Sales (excluding (excluding corkage corkage charges) charges)
Less: Less: Cost Cost of of Sales Sales Purchases Purchases (adjusted (adjusted for for stocks) stocks)
Bar[Profit][for] the Bar Profit for the year year Gross Gross Profit Profit Margin Margin for for the[the] year year
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2024 2023
21,619 21,619 | 18,426 18,426
8,261 8,261 7,671 7,671
13,358 43,358 | 10,755 10)755
|61.79% 61.79% | 58.37% 58.37%
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6. 6. EMPLOYMENT EMPLOYMENT COSTS COSTS
Hall Hall Supervisor’s Supervisor's Salary Salary & & National National Insurance Insurance
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2024 2023
14,668 14,668 | 13,855 13,855
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7. 7. REPAIRS REPAIRS & & RENEWALS RENEWALS
Hand Hand dryer dryer repairs repairs
Water Water softener softener repairs repairs Fire Fire risk risk assessment assessment Other Other[small] small items items under under E300 £300
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2024 2023
- 402 402
- 398 398
375 375
1,548 1,548 1,101 1,101
1,923 1,901
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