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This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

← Grasmere Village Hall

2024-11-30-accounts

Mr Johnson and Mrs Dixon Grasmere Village Hall Company Limited Broadgate Grasmere Ambleside Cumbria LA22 9TA

Date: 29 August 2025 Please ask for: Benjamin Lane Our Ref: 2869/18(75822/L) Your Ref:

Dear Mr Johnson and Mrs Dixon

Grasmere Village Hall Company Limited

Accounts and Corporation Tax

We have completed the preparation of the accounts and tax return of the above company for the period ended 30 November 2024.

We enclose the following documents which require your attention before being returned to us:

  1. Corporation Tax Return

  2. Financial Statements for the year ended 30 November 2024.

Corporation Tax Liability

Due to the charity not incurring taxable income during the year, the company has no corporation tax liability for this accounting period, provided that there are no adjustments necessary as a result of any queries which the Inspector may raise.

If you have any queries or require any further information please do not hesitate to contact us.

Yours sincerely

Steven Kirkbride

Partner

For and on behalf of Armstrong Watson LLP

Armstrong Watson Carleton House 136 Gray Street Workington CA14 2LU T: 01900 68311

www.armstrongwatson.co.uk www.armstrongwatsonfp.co.uk

Armstrong Watson LLP is a limited liability partnership registered in England and Wales, number OC415608. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU where a list of members is kept. Armstrong Watson LLP is regulated by the Institute of Chartered Accountants in England and Wales for a range of investment business activities. Unless otherwise indicated, either expressly or by the context, we use the word “partner” to describe a member of Armstrong Watson LLP or an employee of Armstrong Watson LLP in their capacity as such.

Armstrong Watson Audit Limited is registered to carry on audit work in the UK by the Institute of Chartered Accountants in England and Wales. Registered as a limited company in England and Wales, number 8800970. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU. Armstrong Watson Audit is a trading style of Armstrong Watson Audit Limited.

Armstrong Watson Financial Planning Limited is authorised and regulated by the Financial Conduct Authority. Firm reference number 542122. Registered as a limited company in England and Wales, number 7208672. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU. Armstrong Watson Financial Planning & Wealth Management is a trading style of Armstrong Watson Financial Planning Limited.

Armstrong Watson Trustees Limited is a limited company registered in England and Wales, number 8449 5656. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU.

MyRetirement is a trading style of Armstrong Watson Financial Planning Limited.

Armstrong Watson is a trading style of Armstrong Watson LLP, Armstrong Watson Audit Limited and Armstrong Watson Financial Planning Limited.

Company Tax Return CT600 (2025) Version 3

for accounting periods starting on or after 1 April 2015

Your Company Tax Return

If we send the company a ‘Notice’ to deliver a Company Tax Return it has to comply by the filing date or we charge a penalty, even if there is no tax to pay.

A return includes a Company Tax Return form, any supplementary pages, accounts, computations and any relevant information. The CT600 Guide tells you how the return must be formatted and delivered. It contains general information you may need to deliver your return, links to more detailed advice and box-by-box guidance for this form and the supplementary pages. The forms in the CT600 series set out the information we need and provide a standard format for calculations.

Company information
**1 ** Company name Grasmere Village Hall Company Limited
**2 ** Company registration number 0 4 3 2 9 9 4 6
**3 ** Tax reference 7 6 9 1 5 2 4 7 4 7
**4 ** Type of company 8

Northern Ireland (NI)

Put an ‘X’ in the appropriate boxes below 5 NI trading activity 6 SME 7 NI employer 8 Special circumstances

About this return

This is the tax return for the company named above, for the period below 30 from DD MM YYYY 35 to DD MM YYYY 0 1 1 2 2 0 2 3 3 0 1 1 2 0 2 4 Put an ‘X’ in the appropriate boxes below 40 A repayment is due for this return period 45 Claim or relief affecting an earlier period 50 Making more than one return for this company now 55 This return contains estimated figures 60 Company part of a group that is not small 65 Notice of disclosable avoidance schemes Transfer pricing 70 Compensating adjustment claimed 75 Company qualifies for SME exemption

CT600(2025) Version 3

HMRC 04/25

Page 1

About this return – continued

Accounts and computations

**80 ** I attach accounts and computations for the period to which this return relates X
**85 ** I attach accounts and computations for a different period
90 If you’re not attaching the accounts and computations, explain why
Computations: Other - PDF attached with explanation
Supplementary pages enclosed
**95 ** Loans and arrangements to participators by close companies– form CT600A
**100 ** Controlled foreign companies, foreign permanent establishment exemptions, hybrid and other mismatches– form CT600B
**105 ** Group and consortium– form CT600C
**110 ** Insurance– form CT600D
**115 ** Charities and Community Amateur Sports Clubs (CASCs)– form CT600E X
**120 ** Tonnage tax– form CT600F
**125 ** Northern Ireland– form CT600G
**130 ** Cross-border royalties– form CT600H
**135 ** Supplementary charge in respect of ring fence trades– form CT600I
**140 ** Disclosure of Tax Avoidance Schemes– form CT600J
**141 ** Restitution tax– form CT600K
**142 ** Research and Development– form CT600L
**143 ** Freeports and Investment Zones– form CT600M
**144 ** Residential Property Developer Tax (RPDT)– form CT600N
**96 ** Creative industries– form CT600P

Tax calculation – Turnover
**145 ** Total turnover from trade £ 0 • 0 0
150 Banks, building societies, insurance companies and other financial concerns
– put an ‘X’ in this box if you do not have a recognised turnover and have not made an entry in box 145
Income
**155 ** Trading profits £ • 0 0
**160 ** Trading losses brought forward set against trading profits £ • 0 0
**165 ** Net trading profits –box 155 minus box 160 £ • 0 0
**170 ** Bank, building society or other interest, and profits £ • 0 0
from non-trading loan relationships
**172 ** Put an ‘X’ in box 172 if the figure in box 170 is net of
carrying back a deficit from a later accounting period

CT600(2025) Version 3

Page 2

HMRC 04/25

Income – continued

**175 ** Annual payments not otherwise charged to Corporation Tax £ • 0 0
and from which Income Tax has not been deducted
**180 ** Non-exempt dividends or distributions from £ • 0 0
non-UK resident companies
**185 ** Income from which Income Tax has been deducted £ • 0 0
**190 ** Income from a property business £ • 0 0
**195 ** Non-trading gains on intangible fixed assets £ • 0 0
**200 ** Tonnage tax profits £ • 0 0
**205 ** Income not falling under any other heading £ • 0 0

Chargeable gains
**210 ** Gross chargeable gains £ • 0 0
**215 ** Allowable losses including losses brought forward £ • 0 0
**220 ** Net chargeable gains_–_box 210 minus box 215 £ • 0 0

Profits before deductions and reliefs
**225 ** Losses brought forward against certain investment income £ • 0 0
**230 ** Non-trade deficits on loan relationships (including interest)
and derivative contracts (financial instruments)		 £ • 0 0
brought forward set against non-trading profits
**235 ** Profits before other deductions and reliefs – net sum of £ 0 • 0 0
boxes 165 to 205 and 220 minus sum of boxes 225 and 230

Deductions and reliefs
**240 ** Losses on unquoted shares £ • 0 0
**245 ** Management expenses £ • 0 0
**250 ** UK property business losses for this or previous £ • 0 0
accounting period
**255 ** Capital allowances for the purposes of management £ • 0 0
of the business
**260 ** Non-trade deficits for this accounting period from loan £ • 0 0
relationships and derivative contracts (financial instruments)

CT600(2025) Version 3

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Page 3

Deductions and Reliefs – continued

263 Carried forward non-trade deficits from loan relationships
and derivative contracts (financial instruments)
£
0
0
•
265 Non-trading losses on intangible fixed assets
£
0
0
•
275 Total trading losses of this or a later accounting period
£
0
0
•
280 Put an ‘X’ in box 280 if amounts carried back from later
accounting periods are included in box 275
285 Trading losses carried forward and claimed against total profits£
0
0
•
290 Non-trade capital allowances
£
0
0
•
295 Total of deductions and reliefs
–total of boxes 240 to 275, 285 and 290
£
0
0
•
300 Profits before qualifying donations and group relief
– box 235 minus box 295
£
0
0
•
305 Qualifying donations
£
0
0
•
310 Group relief
£
0
0
•
312 Group relief for carried forward losses
£
0
0
•
315 Profits chargeable to Corporation Tax
–box 300 minus boxes 305, 310 and 312
£
0
0
•
320 Ring fence profits included
£
0
0
•
325 Northern Ireland profits included
£
0
0
•
0
0		 263 Carried forward non-trade deficits from loan relationships
and derivative contracts (financial instruments)
£
0
0
•
265 Non-trading losses on intangible fixed assets
£
0
0
•
275 Total trading losses of this or a later accounting period
£
0
0
•
280 Put an ‘X’ in box 280 if amounts carried back from later
accounting periods are included in box 275
285 Trading losses carried forward and claimed against total profits£
0
0
•
290 Non-trade capital allowances
£
0
0
•
295 Total of deductions and reliefs
–total of boxes 240 to 275, 285 and 290
£
0
0
•
300 Profits before qualifying donations and group relief
– box 235 minus box 295
£
0
0
•
305 Qualifying donations
£
0
0
•
310 Group relief
£
0
0
•
312 Group relief for carried forward losses
£
0
0
•
315 Profits chargeable to Corporation Tax
–box 300 minus boxes 305, 310 and 312
£
0
0
•
320 Ring fence profits included
£
0
0
•
325 Northern Ireland profits included
£
0
0
•
0
0		 263 Carried forward non-trade deficits from loan relationships
and derivative contracts (financial instruments)
£
0
0
•
265 Non-trading losses on intangible fixed assets
£
0
0
•
275 Total trading losses of this or a later accounting period
£
0
0
•
280 Put an ‘X’ in box 280 if amounts carried back from later
accounting periods are included in box 275
285 Trading losses carried forward and claimed against total profits£
0
0
•
290 Non-trade capital allowances
£
0
0
•
295 Total of deductions and reliefs
–total of boxes 240 to 275, 285 and 290
£
0
0
•
300 Profits before qualifying donations and group relief
– box 235 minus box 295
£
0
0
•
305 Qualifying donations
£
0
0
•
310 Group relief
£
0
0
•
312 Group relief for carried forward losses
£
0
0
•
315 Profits chargeable to Corporation Tax
–box 300 minus boxes 305, 310 and 312
£
0
0
•
320 Ring fence profits included
£
0
0
•
325 Northern Ireland profits included
£
0
0
•
0
0
0 0

Tax calculation

Enter how much profit has to be charged and at what rate

----- Start of picture text -----
Financial Amount of profit Rate of tax Tax
year (yyyy) %
330 335 £ 340 345 £ p
350 £ 355 360 £ p
365 £ 370 375 £ p
380 385 £ 390 395 £ p
400 £ 405 410 £ p
415 £ 420 425 £ p
----- End of picture text -----

CT600(2025) Version 3

HMRC 04/25

Page 4

Tax calculation – continued

Corporation Tax– total of boxes 345, 360, 375, 395, 410 and 425 430 £ 0 • 0 0
Marginal relief 435 £ •
Corporation Tax chargeable– box 430 minus box 435 440 £ 0 • 0 0

Reliefs and deductions in terms of tax
**445 ** Community Investment Tax Relief £ •
**450 ** Double Taxation Relief £ •
**455 ** Put an ‘X’ in box 455 if box 450 includes an underlying
rate relief claim
**460 ** Put an ‘X’ in box 460 if box 450 includes an amount carried
back from a later period
**465 ** Advance Corporation Tax £ •
**470 ** Total reliefs and deduction in terms of tax £ •
– total of boxes 445, 450 and 465

Coronavirus support schemes and overpayments (see CT600 Guide for definitions)
**471 ** Coronavirus Job Retention Scheme (CJRS) received £ •
**472 ** CJRS entitlement £ •
**473 ** CJRS overpayment already assessed or voluntary disclosed £ •
**474 ** Other coronavirus overpayments £ •
Energy levies
**986 ** Energy (Oil and Gas) Profits Levy (EOGPL) amounts liable £ • 0 0
**987 ** Electricity Generator Levy (EGL) exceptional generation receipts £ • 0 0
Calculation of tax outstanding or overpaid
**475 ** Net Corporation Tax liability – box 440 minus box 470 £ 0 • 0 0
**480 ** Tax payable on loans and arrangements to participators £ •
**485 ** Put an ‘X’ in box 485 if you completed box A70 in the
supplementary pages CT600A
**490 ** Controlled Foreign Companies (CFC) tax payable £ •
**495 ** Bank levy payable £ •
**496 ** Bank surcharge payable £ •
**497 ** Residential Property Developer Tax (RPDT) payable £ •

CT600(2025) Version 3

HMRC 04/25

Page 5

Calculation of tax outstanding or overpaid – continued
**500 ** CFC tax, bank levy, bank surcharge and RPDT payable £ •
–total of boxes 490, 495, 496 and 497
**501 ** EOGPL payable £ •
**502 ** EGL payable £ •
**505 ** Supplementary charge (ring fence trades) payable £ •
**510 ** Tax chargeable
– total of boxes 475, 480, 500, 501, 502 and 505 £ 0 • 0 0
**515 ** Income Tax deducted from gross income included in profits £ •
**520 ** Income Tax repayable to the company £ •
**525 ** Self-assessment of tax payable before restitution tax £ 0 • 0 0
and coronavirus support scheme overpayments
– box 510 minus box 515
**526 ** Coronavirus support schemes overpayment now due £ •
– total of boxes 471 and 474 minus boxes 472 and 473
**527 ** Restitution tax £ •
**528 ** Self-assessment of tax payable £ 0 • 0 0
– total of boxes 525, 526 and 527
Tax reconciliation
530 Research and Development credit £ •
535 (Not currently used) £ •
540 Creatives tax credit £ •
541 Audio-Visual expenditure credit (AVEC) and
Video Games expenditure credit (VGEC) £ •
**545 ** Total of Research and Development credit, £ •
creatives tax credit and AVEC/VGEC –total box 530 to 541
550 Land remediation tax credit £ •
555 Life assurance company tax credit £ •
**560 ** Total land remediation and life assurance company tax credit £ •
–total box 550 and 555
**565 ** Capital allowances first-year tax credit £ •
**570 ** Surplus Research and Development credits and £ •
creatives tax credit payable –box 545 minus box 525

CT600(2025) Version 3

HMRC 04/25

Page 6

Tax reconciliation – continued

----- Start of picture text -----
575 Land remediation or life assurance company tax credit payable
– total of boxes 545 and 560 minus boxes 525 and 570 £ •
580 Capital allowances first-year tax credit payable £ •
–
boxes 545, 560 and 565 minus boxes 525, 570 and 575
585 Ring fence Corporation Tax included £ •
586 NI Corporation Tax included £ •
590 Ring fence supplementary charge included £ •
595 Tax already paid (and not already repaid) £ •
600 Tax outstanding £ •
–
box 525 minus boxes 545, 560, 565 and 595
605 Tax overpaid including surplus or payable credits £ •
–
total sum of boxes 545, 560, 565 and 595 minus 525
610 Group tax refunds surrendered to this company £ •
614 Audio-Visual expenditure credit and Video Games £ •
expenditure credit surrendered to this company
615 Research and Development expenditure £ •
credits surrendered to this company
----- End of picture text -----

Exporter information

During the return period, did the company export goods and/or services to individuals, enterprises or organisations outside the United Kingdom (UK)? 616 Yes – goods 617 Yes – services 618 No – neither Indicators and information 620 Franked investment income/Exempt ABGH distributions £ • 0 0 625 Number of 51% group companies Put an ‘X’ in the relevant boxes, if in the period, the company: 630 should have made (whether it has or not) instalment payments as a large company under the Corporation Tax (Instalment Payments) Regulations 631 should have made (whether it has or not) instalment payments as a very large company under the Corporation Tax (Instalment Payments) Regulations 635 is within a group payments arrangement for the period 640 has written down or sold intangible assets 645 has made cross-border royalty payments 647 Eat Out to Help Out Scheme: reimbursed discounts £ • 0 0 included as taxable income

Indicators and information

CT600(2025) Version 3

HMRC 04/25

Page 7

Information about enhanced expenditure and tax reliefs

Research and Development (R&D) or creatives enhanced expenditure and tax reliefs

----- Start of picture text -----
650 Put an ‘X’ in box 650 if a R&D claim is made by a small or medium-sized enterprise (SME),
including a SME subcontractor to a large company and/or for all creatives claims
653 Put an ‘X’ in box 653 if the claim is made by a R&D intensive SME
655 Put an ‘X’ in box 655 if the claim is made by a large company
656 Put an ‘X’ in box 656 to confirm that a R&D claim notification form has been submitted
657 Put an ‘X’ in box 657 to confirm that a R&D additional information form has been submitted
658 Put an ‘X’ in box 658 to confirm that a Creatives additional information form has been submitted
659 R&D expenditure qualifying for SME/R&D intensive SME relief £ • 0 0
660 R&D enhanced expenditure £ • 0 0
663 Creatives core expenditure £ • 0 0
665 Creatives additional deduction £ • 0 0
670 R&D enhanced expenditure and creatives additional deduction £ • 0 0
total box 660 and box 665
675 R&D enhanced expenditure of a SME on work £ • 0 0
subcontracted to it by a large company
680 Vaccine research expenditure £ • 0 0
Land remediation enhanced expenditure
685 Enter the total enhanced expenditure £ • 0 0
----- End of picture text -----

Information about capital allowances and balancing charges/disposal values Allowances and charges in the calculation of trading profits and losses

----- Start of picture text -----
Capital allowances Balancing charges
Annual investment
690 £
allowance
688 £ 689 £
Full expensing
Machinery and plant 691 £ 692 £
– super-deduction
Machinery and plant 693 £ 694 £
– special rate allowance
Machinery and plant 695 £ 700 £
– special rate pool
Machinery and plant 705 £ 710 £
– main pool
Structures and
711 £
buildings
Business premises 715 £ 720 £
renovation
Other allowances
725 £ 730 £
and charges
----- End of picture text -----

CT600(2025) Version 3

Page 8

HMRC 04/25

Allowances and charges in the calculation of trading profits and losses – continued

Capital allowances Capital allowances Capital allowances Capital allowances Capital allowances Disposal Disposal value value
Electric vehicle
charge-points		 713 £ 714 £
Enterprise zones 721 £ 722 £
Zero-emission
goods vehicles		 723 £ 724 £
Zero-emission 726 £ 727 £
cars

Allowances and charges not included in the calculation of trading profits and losses

Capital allowances Capital allowances Capital allowances Capital allowances Capital allowances Balancing charges Balancing charges Balancing charges Balancing charges Balancing charges
Annual investment
allowance		 735 £
Structures and
buildings		 736 £
Full expensing 733 £ 734 £
Business premises
renovation		 740 £ 745 £
Machinery and plant
– super-deduction		 741 £ 742 £
Machinery and plant
– special rate allowance
743		 £ 744 £
Other allowances
and charges		 750 £ 755 £
Capital allowances Disposal value
Electric vehicle
charge-points		 737 £ 738 £
Enterprise zones 746 £ 747 £
Zero-emission
goods vehicles		 748 £ 749 £
Zero-emission 751 £ 752 £
cars

CT600(2025) Version 3

Page 9

HMRC 04/25

Qualifying expenditure

760 Machinery and plant on which first
year allowance is claimed
£
0
0
•
765 Designated environmentally friendly
machinery and plant
£
0
0
•
770 Machinery and plant on long-life
assets and integral features
£
0
0
•
771 Structures and buildings
£
0
0
•
772 Machinery and plant
– super-deduction
£
0
0
•
773 Machinery and plant
– special rate allowance
£
0
0
•
775 Other machinery and plant
£
0
0
•		 0 0
0 0

Losses, deficits and excess amounts Amount arising

Amount Amount Maximum available Maximum available Maximum available Maximum available Maximum available for surrender for surrender for surrender for surrender
as group relief
Losses of trades
carried on wholly		 780 £ 785 £
or partly in the UK
Losses of trades		 790 £
carried on wholly
outside the UK
Non-trade deficits 795 £ 800 £
on loan relationships
and derivative contracts
UK property
business losses		 805 £ 810 £
Overseas property
business losses		 815 £
Losses from
miscellaneous		 820 £
transactions
Capital losses 825 £
Non-trading losses on
intangible fixed assets		 830 £ 835 £

Excess amounts

Amount Maximum available for surrender as group relief Non-trade capital 840 £ allowances Qualifying donations 845 £ Management expenses 850 £ 855 £

CT600(2025) Version 3

Page 10

HMRC 04/25

Northern Ireland information

856
Amount of group relief claimed which relates to NI trading
losses used against rest of UK/mainstream profits		 £ • 0 0
857
Amount of group relief claimed which relates to NI trading
losses used against NI trading profits		 £ • 0 0
858
Amount of group relief claimed which relates to rest of
UK/mainstream losses used against NI trading profits		 £ • 0 0

Overpayments and repayments Small repayments

860 Do not repay sums of £ • 0 0 or less.

Read the overpayments and repayments section of the Company Tax Return Guide for specific guidance on when and how to make an entry in this box.

Repayments for the period covered by this return
865 Repayment of Corporation Tax £ •
870 Repayment of Income Tax £ •
875 Payable Research and Development tax credit £ •
880 Payable Research and Development expenditure credit £ •
885 Payable creatives tax credit £ •
886 Payable Audio-Visual expenditure credit and £ •
Video Games expenditure credit
890 Payable land remediation or life assurance company £ •
tax credit
895 Payable capital allowances first-year tax credit £ •

Surrender of tax refund within group

Including surrenders under the Instalment Payments Regulations

**900 ** The following amount is to be surrendered £ •
Put an ‘X’ in the appropriate boxes below
the joint Notice is attached 905
or
will follow 910
915 Please stop repayment of the following amount £ •
until we send you the Notice

CT600(2025) Version 3

HMRC 04/25

Page 11

Bank details (for a person to whom a repayment is to be made)

920 Name of bank or building society 925 Branch sort code 930 Account number 935 Name of account 940 Building society reference

Payments to a person other than the company

955 authorise (enter name)

960 of address (enter address)

965 Nominee reference

to receive payment on company’s behalf

Declaration

Declaration

I declare that the information I have given on this Company Tax Return and any supplementary pages is correct and complete to the best of my knowledge and belief. I understand that giving false information in the return, or concealing any part of the company’s profits or tax payable, can lead to both the company and me being prosecuted.

975 Name

MRS S DIXON

980 Date DD MM YYYY

985 Status Trustee

CT600(2025) Version 3

Page 12

HMRC 04/25

Company Tax Return – supplementary page Charities and Community Amateur Sports Clubs (CASCs)

CT600E (2015) Version 3 for accounting periods starting on or after 1 April 2015

Guidance

Guidance about when and how to complete this supplementary page can be found in the CT600 Guide.

For further information read What supplementary pages do I need to complete and include as part of the Company Tax Return? to find out what supplementary pages you need to complete.

Also, read the Important points about all supplementary pages and CT600E – Charities and Community Amateur Sports Clubs (CASCs) for further guidance about completing this supplementary page.

Company information

----- Start of picture text -----
E1 Company name Grasmere Village Hall Company Limited
(name of charity or CASC)
E2 Tax reference
7 6 9 1 5 2 4 7 4 7
Period covered by this supplementary page (cannot exceed 12 months)
E3 from DD MM YYYY
0 1 1 2 2 0 2 3
E4 to DD MM YYYY 3 0 1 1 2 0 2 4
Claims to exemption (( this section should be completed in all cases)
Charity/CASC repayment reference E5
Charity Commission registration number, or E10 1090563
OSCR number (if applicable)
Put an ‘X’ in the relevant box if during the period covered by these supplementary pages:
The company was a charity/CASC and is claiming E15 X
exemption from all tax on all or part of its income
and gains (Also put an ‘X’ in box E15 if the company
was a charity/CASC but had no income or gains in the period)
All income and gains are exempt from tax and have been, E20 X
or will be, applied for charitable or qualifying purposes only
Some of the income and gains may not be exempt or have E25
not been applied for charitable or qualifying purposes only,
and I have completed form CT600
I claim exemption from tax
Name
E30 MRS S DIXON
Status
E35 Trustee
Date DD MM YYYY
E40
----- End of picture text -----

Claims to exemption (( this section should be completed in all cases)

CT600E(2015) Version 3

HMRC 04/15

Page 1

Repayments

To make a repayment claim for the period covered by these supplementary pages, please register and enrol to use the Charities Online service. See CT600 guide for further information.

Put an ‘X’ in the box if during the period covered by these supplementary pages you have over claimed tax.

E45

Information required

Enter details of any income received from the following sources, claimed as exempt from tax in the hands of the charity/CASC. Enter the figure included in the charity’s/CASC’S accounts for the period covered by this return.

Non-exempt amounts should be entered on form CT600 in the appropriate boxes.

Type of income
Amount
Enter total turnover from exempt charitable
trading activities
£
0
0
•
E50
Investment income – exclude any amounts included on
form CT600
£
0
0
•
E55
UK land and buildings – exclude any amounts included
on form CT600
£
0
0
•
E60
Gift Aid – exclude any amounts included on form CT600
£
0
0
•
E65
From other charities – exclude any amounts included
on form CT600
£
0
0
•
E70
Gifts of shares or securities received
£
0
0
•
E75
Gifts of real property received
£
0
0
•
E80
Other sources (not included above)
£
0
0
•
E85
Total of boxes E50 to E85
£
0
0
•
E90
7
1
4
0
8
4
6
3
6
7
2
8
2
5
0
1
3		 Type of income
Amount
Enter total turnover from exempt charitable
trading activities
£
0
0
•
E50
Investment income – exclude any amounts included on
form CT600
£
0
0
•
E55
UK land and buildings – exclude any amounts included
on form CT600
£
0
0
•
E60
Gift Aid – exclude any amounts included on form CT600
£
0
0
•
E65
From other charities – exclude any amounts included
on form CT600
£
0
0
•
E70
Gifts of shares or securities received
£
0
0
•
E75
Gifts of real property received
£
0
0
•
E80
Other sources (not included above)
£
0
0
•
E85
Total of boxes E50 to E85
£
0
0
•
E90
7
1
4
0
8
4
6
3
6
7
2
8
2
5
0
1
3		 Type of income
Amount
Enter total turnover from exempt charitable
trading activities
£
0
0
•
E50
Investment income – exclude any amounts included on
form CT600
£
0
0
•
E55
UK land and buildings – exclude any amounts included
on form CT600
£
0
0
•
E60
Gift Aid – exclude any amounts included on form CT600
£
0
0
•
E65
From other charities – exclude any amounts included
on form CT600
£
0
0
•
E70
Gifts of shares or securities received
£
0
0
•
E75
Gifts of real property received
£
0
0
•
E80
Other sources (not included above)
£
0
0
•
E85
Total of boxes E50 to E85
£
0
0
•
E90
7
1
4
0
8
4
6
3
6
7
2
8
2
5
0
1
3
0 0

Enter details of expenditure as shown in the charity’s/CASC’s accounts for the period covered by these supplementary pages

Type of expenditure
Amount
Trading costs in relation to exempt charitable activities
(in box E50)
£
0
0
•
E95
UK land and buildings costs in relation to exempt
charitable activities (in box E60)
£
0
0
•
E100
All general administration/governance costs
£
0
0
•
E105
All grants and donations made within the UK
£
0
0
•
E110
All grants and donations made outside the UK
£
0
0
•
E115
Other expenditure not included above, or not used in
calculating figures entered on the form CT600
£
0
0
•
E120
Total of boxes E95 to E120
£
0
0
•
E125
3
4
1
3
3
1
3
8
3
3
9
9
5		 Type of expenditure
Amount
Trading costs in relation to exempt charitable activities
(in box E50)
£
0
0
•
E95
UK land and buildings costs in relation to exempt
charitable activities (in box E60)
£
0
0
•
E100
All general administration/governance costs
£
0
0
•
E105
All grants and donations made within the UK
£
0
0
•
E110
All grants and donations made outside the UK
£
0
0
•
E115
Other expenditure not included above, or not used in
calculating figures entered on the form CT600
£
0
0
•
E120
Total of boxes E95 to E120
£
0
0
•
E125
3
4
1
3
3
1
3
8
3
3
9
9
5		 Type of expenditure
Amount
Trading costs in relation to exempt charitable activities
(in box E50)
£
0
0
•
E95
UK land and buildings costs in relation to exempt
charitable activities (in box E60)
£
0
0
•
E100
All general administration/governance costs
£
0
0
•
E105
All grants and donations made within the UK
£
0
0
•
E110
All grants and donations made outside the UK
£
0
0
•
E115
Other expenditure not included above, or not used in
calculating figures entered on the form CT600
£
0
0
•
E120
Total of boxes E95 to E120
£
0
0
•
E125
3
4
1
3
3
1
3
8
3
3
9
9
5
0 0

CT600E(2015) Version 3

Page 2

HMRC 04/15

Information required

Charity/CASC assets

Charity/CASC assets Charity/CASC assets Charity/CASC assets Charity/CASC assets
Disposals in period Held at the end of the period
(total consideration received) (use accounts figures)
Tangible fixed
E130
£		 E135 £ 7 1 1 6 9 0
assets
UK investments
E140
£		 E145 £
(excluding
controlled companies)
Shares in,
E150
£		 E155 £
and loans to,
controlled companies
Overseas
E160
£		 E165 £
investments
Loans and non-trade debtors E170 £
Other current assets E175 £ 1 0 4 1 5 5
Qualifying investments and loans E180
Applies to charities only. See CT600 Guide
Value of any non-qualifying investments and loans E185 £
Applies to charities only. See CT600 Guide
Number of subsidiary or associated companies the charity E190
controls at the end of the period. Exclude companies that
were dormant throughout the period

CT600E(2015) Version 3

HMRC 04/15

Page 3

Registered number: 4329946 Charity number: 1090563

GRASMERE VILLAGE HALL COMPANY LIMITED

(A company limited by guarantee)

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

GRASMERE VILLAGE HALL COMPANY LIMITED

(A company limited by guarantee)

CONTENTS

Page
Reference and administrative details of the Company, its Trustees and advisers 1
Trustees' report 2 - 4
Independent examiner's report 5
Statement of financial activities 6
Balance sheet 7
Notes to the financial statements 8 - 17

GRASMERE VILLAGE HALL COMPANY LIMITED

(A company limited by guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 NOVEMBER 2024

Trustees Mrs S Dixon, Trustee
Mr JR Cowton, Trustee (resigned 29 February 2024)
Mr P Mosey, Trustee
Mr A Leech, Trustee
Mr S Dodd, Trustee (resigned 1 October 2024)
Mr G Magennis, Trustee
Mr D Johnson, Trustee
Ms P Moreland , Trustee
Mrs S Savasi, Trustee

Company registered number 4329946 Charity registered number 1090563 Registered office Grasmere Hall Broadgate Grasmere Ambleside Cumbria LA22 9TA

Page 1

GRASMERE VILLAGE HALL COMPANY LIMITED

(A company limited by guarantee)

TRUSTEES' REPORT FOR THE YEAR ENDED 30 NOVEMBER 2024

The Trustees present their annual report together with the financial statements of the Grasmere Village Hall Company Limited for the year 1 December 2023 to 30 November 2024. The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).

Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.

Objectives and activities

a. Policies and objectives

The main object of the company is the provision and maintenance of the village hall for the use of inhabitants of the parish of Grasmere and the neighbourhood.

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.

Achievements and performance

a. Main achievements of the Company

It has been another very busy year for the Hall. The Trustees have continued to ensure the Hall is available and fit for purpose for hire by a wide variety of users, predominantly within the local parish but also more widely too. The income from hires and ticket sales was maintained in line with the previous year. Many of our users are repeat hirers who continue to provide very positive feedback to the Trustees which has been much appreciated and acknowledged. The Trustees actively seek to continue to develop and enhance the Hall for the benefit of a wide range of users and purposes.

Excluding spend on key enhancement projects, our expenditure and running costs rose by 46.6% compared to the previous year. This was largely attributable to Health and Safety improvements and various routine maintenance replacement items.

A key change during this financial year was the change of the car park from annual permits to a public automated number plate recognition pay basis with effect from August 2024. This will generate significantly greater income for the Hall, whilst preserving spaces for hirers and local short visits for convenience shopping. This change will raise much needed funds for major maintenance projects such as replacement guttering and external / internal redecoration.

We are also pleased that we continued to subsidise and open the hall as a Community Warm Hub over winter, providing a location for people to meet up in a warm and inviting environment for coffee, tea and chat. This initiative was again well received and attended.

The Trustees are fully committed to the maintenance and development of the Hall as a key community asset and continue to work extremely hard to achieve the charitable objectives of the Hall.

Page 2

GRASMERE VILLAGE HALL COMPANY LIMITED

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2024

Financial review

a. Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.

b. Reserves policy

The Trustees have initiated fund raising for a major and much needed upgrade to our audio-visual facilities. This key project will be delivered in 2025 with costs expected of £30,000. We are already extremely grateful for grants from Cumbria Community Foundation, Lakes Parish Council and Westmorland and Furness Council, a substantial donation from Grasmere Village Society and a welcome number of user donations towards this project. Initial grant funds have also been received in partnership with Grasmere Village Society towards the purchase of a generator which would enable the Hall to operate as an emergency centre in the event of a major local disaster scenario.

Details of restricted and unrestricted reserves are shown in the financial statements. In particular, note 13 shows details of the movements on restricted funds.

Structure, governance and management

a. Constitution

Grasmere Village Hall Company Limited is a company limited by guarantee, each member's contribution not exceeding £10 on dissolution. It was incorporated on 27 November 2001 and it was registered as a charity with effect from 13 February 2002. Trustees are appointed to serve for three years and may be re-appointed at the end of a term of service. The trustees meet quarterly or more frequently as required.

Page 3

GRASMERE VILLAGE HALL COMPANY LIMITED (A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2024

Statement of Trustees' responsibilities

The Trustees (who are also the directors of the Company for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial year. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the members of the board of Trustees and signed on their behalf by:

................................................ VWSe Mrs S Dixon

Date:

Page 4

GRASMERE VILLAGE HALL COMPANY LIMITED

(A company limited by guarantee)

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 NOVEMBER 2024

Independent examiner's report to the Trustees of Grasmere Village Hall Company Limited ('the Company')

I report to the charity Trustees on my examination of the accounts of the Company for the year ended 30 November 2024.

Responsibilities and basis of report

As the Trustees of the Company (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Company's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

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:

Dated:

Steven Kirkbride FCA BFP

Armstrong Watson LLP

Chartered Accountants Carleton House 136 Gray Street Workington Cumbria CA14 2LU

Page 5

GRASMERE VILLAGE HALL COMPANY LIMITED (A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 NOVEMBER 2024

Note
Income from:
Donations, legacies and fundraising
3
Donation and fundraising
Grants
Charitable activities:
4
Event Sales
Letting of the Hall
Car park income
Investments
5
Total income
Expenditure on:
Charitable activities
6
Total expenditure
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Unrestricted
funds
2024
£
18,367
-
2,864
14,857
7,292
28
43,408
33,958
33,958
9,450
774,919
9,450
784,369		 Restricted
funds
2024
£
5,000
23,000
-
-
-
-
28,000
175
175
27,825
2,366
27,825
30,191		 Total
funds
2024
£
23,367
23,000
2,864
14,857
7,292
28
71,408
34,133
34,133
37,275
777,285
37,275
814,560		 Total
funds
2023
£
6,749
-
17,329
-
1,250
21
25,349
46,920
46,920
(21,571)
798,856
(21,571)
777,285

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 8 to 17 form part of these financial statements.

Page 6

GRASMERE VILLAGE HALL COMPANY LIMITED

(A company limited by guarantee) REGISTERED NUMBER: 4329946

BALANCE SHEET AS AT 30 NOVEMBER 2024

2024 2024 2023
Note £ £
Fixed assets
Tangible assets 9 711,690 711,828
711,690 711,828
Current assets
Debtors 10 3,828 3,719
Cash at bank and in hand 100,327 62,938
104,155 66,657
Creditors: amounts falling due within one
year 11 (1,285) (1,200)
Net current assets 102,870 65,457
Total assets less current liabilities 814,560 777,285
Net assets excluding pension asset 814,560 777,285
Total net assets 814,560 777,285
Charity funds
Restricted funds 12 30,191 2,366
Unrestricted funds 12 784,369 774,919
Total funds 814,560 777,285

The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

................................................ David Johnson (Aug 29, 2025 13:10:58 GMT+1) ................................................ Mrs S Dixon Mr D Johnson

Date:

The notes on pages 8 to 17 form part of these financial statements.

Page 7

GRASMERE VILLAGE HALL COMPANY LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

1. General information

Grasmere Village Hall Company Limited is a private company limited by guarantee incorporated in England and Wales . Each of the trustees is liable to contribute an amount not exceeding £10 towards the assets of the charity in the event of liquidation.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Grasmere Village Hall Company Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Income

All income is recognised once the Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

2.3 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Company's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

2.4 Government grants

Government grants relating to tangible fixed assets are treated as deferred income and released to the Statement of financial activities over the expected useful lives of the assets concerned. Other grants are credited to the Statement of financial activities as the related expenditure is incurred.

Page 8

GRASMERE VILLAGE HALL COMPANY LIMITED (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

2. Accounting policies (continued)

2.5 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Company; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

2.6 Tangible fixed assets and depreciation

Tangible fixed assets costing £500 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Freehold property - None
Fixtures and fittings - 25% Reducing balance basis

2.7 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.8 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.9 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

2.10 Financial instruments

The Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

Page 9

GRASMERE VILLAGE HALL COMPANY LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

2. Accounting policies (continued)

2.11 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Company and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

3. Income from donations and legacies

Unrestricted
funds
2024
£
Donations
18,367
Government grants
-
18,367
Donations		 Restricted
funds
2024
£
5,000
23,000
28,000
Unrestricted
funds
2023
£
6,749		 Total
funds
2024
£
23,367
23,000
46,367
Total
funds
2023
£
6,749

4. Income from charitable activities

Unrestricted Total
funds funds
2024 2024
£ £
Income from charitable activities 25,013 25,013

Page 10

GRASMERE VILLAGE HALL COMPANY LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

4. Income from charitable activities (continued)

Unrestricted Total
funds funds
2023 2023
£ £
Income from charitable activities 18,579 18,579

5. Investment income

Unrestricted
funds
2024
£
Interest receivable
28
Unrestricted
funds
2023
£
Interest receivable
21		 Total
funds
2024
£
28
Total
funds
2023
£
21

6. Analysis of expenditure on charitable activities Summary by fund type

Unrestricted
funds
2024
£
Direct costs
33,958
Unrestricted
funds
2023
£
Direct costs
27,583		 Restricted
funds
2024
£
175
Restricted
funds
2023
£
19,337		 Total
2024
£
34,133
Total
2023
£
46,920

Page 11

GRASMERE VILLAGE HALL COMPANY LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

7. Analysis of expenditure by activities

Direct costs
Direct costs
Analysis of direct costs
Depreciation
Water Rates
Light, Heat and Power
Music and Raffle Licence
Insurance
Repairs and Maintenance
Cleaning Services and Materials
Accountancy fees
Telephone
Sundry Expense		 Activities
undertaken
directly
2024
£
34,133
Activities
undertaken
directly
2023
£
46,920
Direct costs
2024
£
138
413
10,066
457
4,066
10,231
1,118
1,291
358
5,995
34,133		 Total
funds
2024
£
34,133
Total
funds
2023
£
46,920
Total
funds
2024
£
138
413
10,066
457
4,066
10,231
1,118
1,291
358
5,995
34,133

Page 12

GRASMERE VILLAGE HALL COMPANY LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

7. Analysis of expenditure by activities (continued)

Analysis of direct costs (continued)

Depreciation
Water Rates
Light, Heat and Power
Insurance
Repairs and Maintenance
Cleaning Services and Materials
Accountancy fees
Telephone
Sundry Expense		 Direct costs
2023
£
46
446
10,203
3,923
26,581
1,287
1,128
276
3,030
46,920		 Total
funds
2023
£
46
446
10,203
3,923
26,581
1,287
1,128
276
3,030
46,920

8. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2023 - £NIL) .

During the year ended 30 November 2024, no Trustee expenses have been incurred (2023 - £NIL) .

9. Tangible fixed assets

Cost or valuation
At 1 December 2023
At 30 November 2024
Depreciation
At 1 December 2023
Charge for the year
At 30 November 2024		 Freehold
property
£
711,690
711,690
-
-
-		 Fixtures and
fittings
£
9,224
9,224
9,086
138
9,224		 Total
£
720,914
720,914
9,086
138
9,224

Page 13

GRASMERE VILLAGE HALL COMPANY LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

9. Tangible fixed assets (continued)

Net book value
At 30 November 2024
At 30 November 2023
Debtors
Due within one year
Trade debtors
Prepayments and accrued income
Creditors: Amounts falling due within one year
Accruals and deferred income		 Freehold
property
£
711,690
711,690		 Fixtures and
fittings
£
-
138
2024
£
-
3,828
3,828
2024
£
1,285		 Total
£
711,690
711,828
2023
£
1
3,718
3,719
2023
£
1,200

10. Debtors

11. Creditors: Amounts falling due within one year

Page 14

GRASMERE VILLAGE HALL COMPANY LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

12. Statement of funds

Statement of funds - current year

Unrestricted funds
General Funds
Restricted funds
Heating Project
AV System Project
Generator Project
Total of funds
Statement of funds - prior year
Unrestricted funds
General Funds
Restricted funds
Heating Project
Total of funds		 Balance at 1
December
2023
£
774,919
2,366
-
-
2,366
777,285
Balance at
1 December
2022
£
777,153
21,703
798,856		 Income
£
43,408
-
13,000
15,000
28,000
71,408
Income
£
25,350
-
25,350		 Expenditure
£
(33,958)
(175)
-
-
(175)
(34,133)
Expenditure
£
(27,584)
(19,337)
(46,921)		 Balance at
30
November
2024
£
784,369
2,191
13,000
15,000
30,191
814,560
Balance at
30
November
2023
£
774,919
2,366
777,285

13. Summary of funds

Page 15

GRASMERE VILLAGE HALL COMPANY LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

13. Summary of funds (continued)

Summary of funds - current year


General funds
Restricted funds
Summary of funds - prior year
General funds
Restricted funds		 Balance at 1
December
2023
£
774,919
2,366
777,285
Balance at
1 December
2022
£
777,153
21,703
798,856		 Income
£
43,408
28,000
71,408
Income
£
25,350
-
25,350		 Expenditure
£
(33,958)
(175)
(34,133)
Expenditure
£
(27,584)
(19,337)
(46,921)		 Balance at
30
November
2024
£
784,369
30,191
814,560
Balance at
30
November
2023
£
774,919
2,366
777,285

14. Analysis of net assets between funds Analysis of net assets between funds - current period

Unrestricted
funds
2024
£
Tangible fixed assets
711,690
Current assets
73,964
Creditors due within one year
(1,285)
Total
784,369		 Restricted
funds
2024
£
-
30,191
-
30,191		 Total
funds
2024
£
711,690
104,155
(1,285)
814,560

Page 16

GRASMERE VILLAGE HALL COMPANY LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

14. Analysis of net assets between funds (continued)

Analysis of net assets between funds - prior period

Tangible fixed assets
Current assets
Creditors due within one year
Total		 Unrestricted
funds
2023
£
711,828
64,291
(1,200)
774,919		 Restricted
funds
2023
£
-
2,366
-
2,366		 Total
funds
2023
£
711,828
66,657
(1,200)
777,285

Page 17

Grasmere Village Hall Company Limited

Final Audit Report

2025-08-29

Created: 2025-08-29 By: Benjamin Lane (Benjamin.Lane@armstrongwatson.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAVHjekSMUgj0KQZb7a9uA3m8MrSKd-MBp

"Grasmere Village Hall Company Limited" History

2025-08-29 - 10:21:07 GMT- IP address: 46.235.170.216

Document emailed to Steven Kirkbride (Steven.Kirkbride@armstrongwatson.co.uk) for approval 2025-08-29 - 10:27:37 GMT

2025-08-29 - 11:14:25 GMT

2025-08-29 - 11:41:39 GMT- IP address: 104.28.89.76

Signature Date: 2025-08-29 - 12:10:58 GMT - Time Source: server- IP address: 31.94.22.123

2025-08-29 - 13:34:15 GMT- IP address: 172.226.183.13

Signature Date: 2025-08-29 - 13:40:34 GMT - Time Source: server- IP address: 148.252.159.74

Agreement completed. 2025-08-29- 13.'40'.34 GMT Armstrongwatsorf Adobe A<robat Sign