## **Ettington Community Trust Registered Charity (number 1080602)**
## **TRUSTEES’ REPORT Financial Year Ending 31 March 2024**
Ettington Community Trust is a small rural charitable body formed by Ettington Parish Council with the object of building and then managing, by Committee, the running of a new community building in the village to replace the existing Village Hall.
The Declaration of Trust (“Trust Deed”) statement of the objects and powers of the Charity is drafted broadly, but with these central objectives.
Building works on Ettington Community Centre were completed in April 2003.
## **Tenure**
The freehold to the site of the building (and surrounding amenity area) is owned by the Parish Council. There is a Lease for 99 years from Ettington Parish Council to the Trust of the building and a surrounding area of grounds at a peppercorn rent with restrictions to ensure that the Council can have some control over the use of the building.
## **Structure of the Trust**
## **Custodian Trustee**
The Custodian Trustee is Ettington Parish Council. The Hall is vested in (i.e. held legally in the name of) the Custodian Trustee simply to hold the legal title of the Charity’s property and to act on the lawful directions of the Trustees.
## **Managing Trustees**
The Trustees during this financial year were:
Elizabeth Lyall (Chairperson) Steven Kendrick David Hughes (Parish Council)
The Charity Trustees delegate responsibility to the members of the Management Committee formed in 2003 for day-to-day management, in accordance with the governing instrument (the Trust Deed).
The Trust Deed provides for some Committee members to be nominated by village organisations/clubs/societies or groups to represent their particular interests. There are a number of these special interest groups in the village which have “carried over” from the old Village Hall.
## **Funding/finances**
The Trust has no borrowings or debt.
## **Revenue funding**
The Trust’s main sources of revenue funding are:
- a. Income from hiring / bookings, including regular groups/societies/clubs, amateur dramatics, concerts, parties, dances, functions, events, training courses, conferences, meetings, and sporting activities.
- b. Fund-raising events e.g. open days, fetes, quizzes, raffles, coffee mornings, village breakfasts.
## **Insurance**
The building and contents are insured with Victor Insurance, a trading name of March Ltd., (through Affinitive Insurance Brokers Ltd) against all the usual risks with a public liability limit of indemnity of £5m and cover for trustee's liability of £250,000.
## **Repairs and Maintenance**
For this financial year, only general maintenance was undertaken – mainly repairs to the roof. There were no major refurbishments during this period. A significant upgrade to the heading system is planned for 2024/25 for which funding has been secured.
**E.C.Lyall Trustee**
||Ettington Community Trust
Charity No
1080602|Ettington Community Trust
Charity No
1080602|
|---|---|---|
||Annual accounts for the period
**CC39a**||
||Period
start date|**01/04/2023**
**To**
**Period end**
**date**
**31/03/2024**|
|**Section A Statement of financial activities**
~~ee~~|||
|**Descriptions by natural**||**Unrestricted**
**Restricted**
**income**
**Endowment**
**Total this**
**Total last**|
|**category**||**funds**
**funds**
**funds**
**year**
**year**|
|**Incoming resources (Note 3)**||**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|
|Donations, legacies and Grants||188
-
-
188
-|
|Fundraising events||11,349
-
-
11,349
11,092|
|Hall hire||31,590
-
-
31,590
30,000|
|||-
-
-
-
-|
|||-
-
-
-
-|
|**_Total incoming resources_**||43,127
-
-
43,127
41,092|
|**Resources expended**|||
|Cost of fundraising events
Licences
Insurance
Repairs & Renewals
Postage and Telephone
Cleaning
Depreciation
Water rates
Rates
Oil
Electricity
Sundry
Bookings secretary
**_Net incoming/(outgoing) resources_**
**_before transfers_**
**Other recognised** **gains/(losses)**
**_Net incoming/(outgoing) resources_**
**_before other recognised_**
**_gains/(losses)_**
**_Gross transfers between funds_**
**_Total resources expended_**||4,084
-
-
4,084
6,406
1,036
-
-
1,036
1,561
3,723
-
-
3,723
3,730
17,550
-
-
17,550
18,563
756
-
-
756
398
4,091
-
-
4,091
3,798
4,815
-
-
4,815
5,956
1,037
-
-
1,037
328
-
642
-
-
642
1,114
3,184
-
-
3,184
2,398
4,021
-
-
4,021
3,613
1,640
-
-
1,640
898
4,680
-
-
4,680
4,680
51,259
-
-
51,259
52,787
8,132
-
-
-
8,132
-
11,695
-
-
-
-
-
-
8,132
-
-
-
8,132
-
11,695
-
ee
a
ee
ee
ee
es
esse
es
esse
es
esse
es
es
es ee
a
esee
ee
rre~~e~~
e~~e~~
p~~ot~~
| ||
|Gains and losses on revaluation of fixed|||
|assets for the charity’s own use||-
-
-
-
-|
|Gains and losses on investment assets|Gains and losses on investment assets|-
-
-
-
-|
|**_Net movement in funds_**||8,132
-
-
-
8,132
-
11,695
-|
|**Total funds brought forward**||41,975
-
-
41,975
53,670|
|**_Total funds carried forward_**||33,843
-
-
33,843
41,975|
## **Section B Balance sheet**
**----- Start of picture text -----**
Total this year Total last year
£ £
Fixed assets F01 F02
Tangible assets (Note 4) 14,445 17,868
- -
Investments - -
Total fixed assets 14,445 17,868
Current assets
Stock and work in progress 901 571
Debtors (Note 5) 1,848 5,261
Other Debtors - -
Cash at bank and in hand 18,120 21,060
Total current assets 20,869 26,892
Creditors: amounts falling due within one
year (Note 5) 1,471 2,785
Net current assets/(liabilities) 19,398 24,107
Total assets less current liabilities 33,843 41,975
Creditors: amounts falling due after one year - -
Provisions for liabilities and charges - -
Net assets 33,843 41,975
Funds of the Charity
Unrestricted funds 33,843 41,975
-
Designated funds
Total unrestricted funds 33,843 41,975
Restricted income funds - -
Endowment funds - -
Total funds 33,843 41,975
Signed by one or two trustees on behalf of all the
Signature Date of approval
trustees
Note
**----- End of picture text -----**
## **Section C Notes to the accounts**
Note 1 **Basis of preparation**
## **1.1 Basis of accounting**
These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:
• Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005); • and with* Accounting Standards; or Financial Reporting Standards for Smaller Enterprises (FRSSE);
- and with the Charities Act 1993.
- [** except for the following].
_**Give details in this box if a different standard has been followed.**_
- -Tick as appropriate:
- if all relevant disclosures shown in the pack have been given then please tick “Accounting Standards”;
- if disclosures completed in these accounts have been restricted to those required by the FRSSE, then please tick
- “Financial Reporting Standards for Smaller Enterprises (FRSSE)”.
** - If no departures from the chosen standards have been made then delete these words; otherwise give details of any changes in the boxes.
## **1.2 Change in basis of accounting**
There has been no change to the accounting policies (valuation rules and methods of accounting) since last year.
## **1.3 Changes to previous accounts**
No changes have been made to accounts for previous years.
## **Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies**
## **INCOMING RESOURCES**
|**Recognition of incoming**|These are included in the Statement of Financial Activities (SoFA) when:|
|---|---|
|**resources**| the charity becomes entitled to the resources;|
|| the trustees are virtually certain they will receive the resources; and|
|| the monetary value can be measured with sufficient reliability.|
|**Incoming resources with**|Where incoming resources have related expenditure (as with fundraising or contract income)|
|**related expenditure**|the incoming resources and related expenditure are reported gross in the SoFA.|
|**Grants and donations**|Grants and donations are only included in the SoFA when the charity has unconditional|
||entitlement to the resources.|
|**Tax reclaims on donations**|Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to|
|**and gifts**|which they relate.|
|**Contractual income and**|This is only included in the SoFA once the related goods or services have been delivered.|
|**performance related grants**||
|**Gifts in kind**|Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the
amount actually realised.|
||Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or|
||distributed by the charity.|
||Gifts in kind for use by the charity are included in the SoFA as incoming resources when|
||receivable.|
|**Donated services and**|These are only included in incoming resources (with an equivalent amount in resources|
|**facilities**|expended) where the benefit to the charity is reasonably quantifiable, measurable and material_._|
||The value placed on these resources is the estimated value to the charity of the service or|
||facility received.|
|**Volunteer help**|The value of any voluntary help received is not included in the accounts but is described in the
trustees’ annual report.|
|**Investment income**|This is included in the accounts when receivable.|
|**Investment gains and losses**|This includes any gain or loss on the sale of investments and any gain or loss resulting from|
||revaluing investments to market value at the end of the year.|
|**EXPENDITURE AND**|**LIABILITIES**|
|**Liability recognition**|Liabilities are recognised as soon as there is a legal or constructive obligation committing the|
||charity to pay out resources.|
|**Grants with performance**|Where the charity gives a grant with conditions for its payment being a specific level of service|
|**conditions**|or output to be provided, such grants are only recognised in the SoFA once the recipient of the|
||grant has provided the specified service or output.|
|**Grants payable without**|These are only recognised in the accounts when a commitment has been made and there are|
|**performance conditions**|no conditions to be met relating to the grant which remain in the control of the charity.|
|**ASSETS**||
|**Tangible fixed assets for use**|
These are capitalised if they can be used for more than one year, and cost at least £100. They|
|**by charity**|are valued at cost or a reasonable value on receipt.|
|**Investments**|Investments quoted on a recognised stock exchange are valued at market value at the year|
||end. Other investment assets are included at trustees' best estimate of market value.|
|**Stocks and work in progress**|These are valued at the lower of cost or market value.|
## **Section C Notes to the accounts (cont)**
## **Note 3 Analysis of incoming resources**
|**Donations,**
**legacies and**
**Grants**|**Unrestricted**
**Restricted**
**This year**
**Last year**
**£**
**£**
**£**
**£**
Government grants
0
0
- -
Disposal of equipment donations
188
0
188
-
Local donations
0
0
- -
- -
**Total**
188
-
**Analysis**|**Unrestricted**
**Restricted**
**This year**
**Last year**
**£**
**£**
**£**
**£**
Government grants
0
0
- -
Disposal of equipment donations
188
0
188
-
Local donations
0
0
- -
- -
**Total**
188
-
**Analysis**|
|---|---|---|
|||188
-|
## **Section C Notes to the accounts (cont)**
## **Note4 Tangible fixed assets**
## **4.1 Cost or valuation**
**----- Start of picture text -----**
Freehold land Other land & Plant, fixtures Other Payments on Total
& buildings buildings and fittings, account and
equipment assets under
construction
£ £ £ £ £ £
Balance brought - - 30,994 - - 30,994
forward
Additions - - 1,392 - - 1,392
Revaluations - - - - - -
Disposals - - - - - -
Transfers * - - - - - -
Balance carried - - 32,386 - - 32,386
forward
4.2 Accumulated depreciation and impairment provisions
Basis SL or RB SL or RB RB RB SL or RB
Rate 25% 25%
Balance brought - - 13,126 - - 13,126
forward
Depreciation charge - - 4,815 - - 4,815
for year
Impairment provisions - - - - - -
Revaluations - - - - - -
Disposals - - - - - -
Transfers* - - - - - -
Balance carried - - 17,941 - - 17,941
forward
4.3 Net book value
Brought forward - - 17,868 - - 17,868
Carried forward - - 14,445 - - 14,445
**----- End of picture text -----**
## **Section C Notes to the accounts (cont)**
## **Note 5 Debtors and prepayments, Creditors and accruals**
|**Trade debtors**
**Amounts due from subsidiary and associated**
**undertakings**
**Prepayments and accrued income**
**Total**
**Customer deposits and advanced payments**
**Trade creditors and accruals**
**Amounts due to subsidiary and associated**
**undertakings**
**Other creditors**
**Total**|**This year**
**Last year**
**This year**
**Last year**
**£**
**£**
**£**
**£**
3,323 4,517 - -
- - - -
- 744 - -
**Amounts falling due after**
**more than one year**
**Amounts falling due**
**within one year**|
|---|---|
||3,323
5,261
- -|
||**This year**
**Last year**
**This year**
**Last year**
**£**
**£**
**£**
**£**
1,475 2,125 - -
1,471 560 - -
- - - -
100 - -
**Amounts falling due**
**within one year**
**Amounts falling due after**
**more than one year**|
||2,946
2,785
- -|
(HARITY COMMISSION
FOK) LNGLAND AND WALLS
Independent examiner's report on the
accounts
Independent Examln•r'• Aeport
Report to the trusteesl
nieiiibers of
Cli
Ettington Community Trust
On accounts for the year
ended
31 St March 2024
Charity no
(if any)
1080602
Set out on pages
(remern
ef
oinc
udo the naa niJm
ne
I report to the trustees on my examination of the accounts of the above
charity ("the Trust") for the year ended 3110312024.
Responsibilities 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 èxamination.
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:
Date:
161012025
Name:
nathan Allen
Relevant professional
qualification(s) or body
(if any):
IER
Oct 2018
Address:
M;111()r Cott;i(J(I
16 lJfiiil)iJry FIofl(J
Iitiii(Iloii, Slrcilfui (J Lll)uri Av()n, W¢irwi("k hirc)
CV37 7TB
Sé¢tlon B
D18elo8urn
Oiily coinplete if tlie examiner needs to higkilicJht material mattere of cor)cern
(see CC32, Iiidepeiident examination of charity accounts: directions dnd
guidance for examiners).
Give here brief details of
any items that the
examiner wishes to
disclose.
IER
Oct 2018