REGIST,.RED COMPANY liUMBF.R.. 04531243 (England Wale$l RECISTERED CHARITY UmBER- 1097389 EPORT I'IIL 1'RLiIEES AND 4E I'EAR ED UNAUD IAL STATLMENTS FOR T BER 2023 FOR Wkmbltdon Villa 11 Truyt Myrus Smith Charted i ccountants Norman Flou 8 Burncll Ro8 Sutton SMI 4RW
Wlmbledon Vill e H211 Trust CON'TEN'TS OF TIIE FINANC.IAL STATEMEiYrs for Ibe l'ear Fm0¢d 31 October 2023 Pigt Referente alld AdministrBtive DetAi1g R¢port oftbt Tru5tetS Independent ELqminer's Rtport Statement of Fintnti*l A¢tiwItI¢$ BolAth¢e Shtet ot¢s to the Financial Stltements to 16 Detailed Stat¢meDt of Tr'in&ll¢ial Attivitie$
Wimbltdon Villa e Hall Trust REFERFNCE AND ADMINIST]LITIV . DETAILS for the Yt*r En cr2023 TRUSTEES C J P Handford J R W Trluckl¢ A A Malik P A Sh¢vlin I C Simpson D Whitehead Mrs K A Williams REGISTERED OFTr Ick 26 Lingfield RofAJ WIMBLEF)ON LA)ndon SW194QD RECISTLRED COMPANY NUMBER 04531243 Ir.ngland aJTrd Wal¢sl REGJSTERLDCHARITY NLMBER 1097389 lJYDEPLI%DEfiT EXAMINER Myrus Smiih Chgrtered A¢countsnis Nomian Flouse 8 Burnell Road Suln SMI 4BW BAKERs ijarclays 8 Alcxandta Road Wimbledo London SW19 7l.A IINVESTTrIENI TS CCLA Invesim¢nl M8nBg¢n]eni l Ang¥1 Latte London EC4R3AB BlackRo¢k Investmcni Man8gem¢nl IUKI 12 Throgrnorton Avenue l.ondon EC2N 2DL.
WlrnbledoTr Vill e Flall Trust REPORI. OF THE TRI'.STF.Tr-S cd 31 October 2023 Th¢ ITUStees wkn are also director5 of the charity for lh¢ p osts ofih¢ Companies Act 2006. preseni their rewrt with the finallcial siatrm¢nis of the charity for the Ye ended 31 Oclobct 2023. The iruslees h&ve adopted Ihe prov¢sion5 of A¢UtIng and RLworting by Charities.. Statetneni of Rcco]nmended Practice applicable 10 chariiics pparIng th¢ir accounts in acwrdattce wilh the Financial RewkEling Siandard applicabl¢ in the UK 2nd Republic Orilartd IFRS 1021 l¢ffcctive l Jttnuary 20191. OllJbCTIVES AND ACTIVII'IES Objettives attd A¢iiviti¢s AchieviThE delivery of ihe Trust'5 aims and public benefit All our chamtable activitses focus on Ihe provision of facilities in thc intcrtsi of sx)cial welfare for recTeational and Icisur¢ tim¢ owupAtIo with the obje¢1 of improving Ihe conditions of life for thc public within the Wimblcdon and Surrounding aTea& in the advanccm¢ni of arts. culturc. education, training 8nd h¢ritsge. Thc wlicy of the I"ruslccs i5 kn maiDthin and improve the buildings for ih¢s¢ purposes and to ¢ncouT&8e their fullest use_ The Trustees revicw th¢ aims. ob)liVeS and proposed fiilure aciibiiies on a r¢gular b3sis. The Ttusiees follow the general guidan¢t issued by the Chgtity Commission on public bcncfit whLn doing so ld th¢ following 5¢¢1ton of this repori (kscribc3 how tho Trustecs havc carried out thc purpos¢s of the Trust for the publi& Our maiD a¢tivitiCS Isnd our beneficiaries arc described below. Si%nifieant activittes Thc building conjplex, owned by ihc TrusL forms a group of facilitie$ on wthi¢h th¢ prese]2t Charity is based and was ¢5lablishcd u1 1858. These facililiLs ate us¢d prold¢ Icisure activities for ihc local comrnunity on a daily ba515, Ivhilst providing an income 10 Ihe Charity. whi¢h facilitates the mainiettance and improv¢menl of Ihc building. Th¢ Village Hall and meeting rooms are bookcd for general edueaiion purp)ses. lecture mtelings and dra. Provision is made within the facilitics for ihe Mus¢um of Wimbledon. now nancd th¢ Wimbl¢don Museutt4 the local History Muscum rutt by ih¢ Witnblcdon Soiieiy. Th¢ WitTrbledDTh IMu5eum Muq¢um is run entilY by volurtieers and is usually open 10 the public on Friday5. Saturday5 and Sundays and for school groups 2nd exhibition5 ai other times. We hav¢ madc provision for the Museutn since 1916 and this form% important part tJffulfillinE the charitable objects of the I51. lThere is no charge for adtllission. Th¢ Trll consid¢rs its SUPPDrt of the Museum to a significant part of the public benefit it peTforJns for the community. It is clear that, without Ihe supwjrt of th¢"Iru51, and the fact that il Is run cnitrely by volunleeri. thc MLJseum would stTU8glL to SllTVlVC. There 3re plenty of cxampl¢s of Mu%um& which wEre oii8inally funded and run by local counli1 thai have. in Tecent ye&T lost IheiT ful18 and had ¢105e. The recent modeMilOn of th¢ Museutn was Dallised by th¢ Museutn Commiiie¢ of the So¢i¢ty in conjunction with th¢ Trusi. Dbsxbltd Ae¢ess A listcd building 4>plicaiion was submiti¢d in Novc]ntKr 2020 for a dtsabled toilet on the ground floor. The original dcsign of the buildin& and lh¢ faci that il is Grade 11 lisied. mcans that any inlernal struclurdl altcraliotts or changes to the characier of lh¢ building r¢quirc Listed BuildEn8 Conseni. and l am ple¢d lo advise that Planning Listed Building Consent wa5 rc¢tiv¢d ID early 2021. However. due 10 Ihc rcturbishmenl prDjCCt of the Museutn and (he implications ofthal for thE op¥ration orth¢ buildin& cotnmerteemeni orth¢ proj¢¢l was held back until the Mus¢um work was wtnpleled. Over the last year, have reviewed the original plan5 and discussed some impn)vemcnts to the original dcsign. This prncess is ne3ring £otnpietion and wt hope move forward on an agre¢d plan very s(K)n. Tr4Drman Pl*$tsw G¥llery A new art Gallery wh5 ¢reai¢d withill the building eomplex tn 2012. This was lled, at thc time. the VillAge H811 G8Jlery and has proved 10 b¢ a vcry successful projeLt and an important addition lo th¥ facilities provided by the Irllst lo the IDcal iommuniiy. Thc pury05e of the GaIry i5 to £ncouragc individual artist& art groups and schLX)Is 10 m8k¢ u5¢ ofthe (iallcry for exhibiiions at nominal cost. It is importllnl to record thai th¢ id¢a ofthc G&llcry, in the spu¢¢ li occllpies, w85 Lunceiyed by Nomian PlJ¥tow, our PASt ChairTBan. a number of years a80. Du¢ to his vision and p¢rwasive lobbying Dr fclloiv 'l'rustees, thc Gallery cventu&lly came itrio being. Norman rcsigncd from the Chairmanship of Ihc Trust in Nov¢mber 2013. Al thai poini the TMstees decided lo pay iribute his it)defati8able support of the Tr[ over many y¢8rs of valued Chttimianship by r¢Daming the thllcry the Nomiatt P18SttbW Gallery, as t fiiiiftg tribuie.
Wimbltdtsn VIIIA Hall Tr REPORT OFTFIE TRC.'STEF.S ftsr the Ye er 2023 OBJLCTIVb.S AND AC'fivITIES orman Plastow Gslltry- ctd. Since the start of thc Museum Tcfurbishment projca, much of th¢ content5 of the Museum were stored in th< tsll¢ry in ord¢r to lettve a clear working space in the Mu5CUtn for th¢ rcfurbishment works. The ¢onienls hav¢ only rccently en r¢priat¢d to the Museum 10 allow th¢ Gallery to rume 0ratiOn. Lh3rge8 for rcniing Ibe Gallery notninal and li is by the .[51 a5 d non-profii activity. This ]einfort£s th¢ cbaritsble objects ofihe'ftusl and is an irnportant part ofour public b¢n¢fit activity. lkne Museum of Wimbledon. now named the Wimbl¢don Museum, is allocated a numberof months when it can use the Gallery for its exhibition& fTCC of charge. Thi5 has allowed the Museum to display, foi the rjrsi iirno, some of ils extensive archiv¢ mat¢rial Such g5 W&terwlours, prints and drnwngs and 10 put on th¢m&4 exhibition& which relai¢ w th¢ history of Ihc Wimbledon area. Young Wimbledoll Artists IYWAI Tn line with ihe Twsl'5 aim lo enwurd&e Ial schools and collcgtg to us¢ the Qallery, an itnport8ni new initiaiive w95 launch¢d in Ihc Gallery i 2015 call¢d th¢ Young Wimblcdon Artists IYWAI. This initiaiive was in the form of an award scheme and 50U8ht to provide Students from loca] schoo15, colleges and aeadcmies in Merton, and individual young arti515 or groups of young artists who livc in the borough. an opportunity to exhibii Ih¢ir origingl artistic works. Thesc works Bre curated into exhibition5 Put on by Ihc Gallery and Trust. Sinre 2015 a nurnber of winter and 5urnm¢r ¢xhibitions havc bcon h¢ld, wh¢¢h have beell great SUCCC55c& Priies which are in the forni ol Youdr5 for art materials, are S]A)aSod by th¢ Trust ana other gen¢TOUS individuals who are keen to suppurt ihe tniiiative. lknis awdrd schcrne wss the idea of Mike Robbin& a psst Trustee. We are extremely grateful for hi5 5UPKM)rt and the huge of time h¢ ha5 nt kn mak¢ Ihtse cxhibitions & success. We a150 51Kkuld mention the grtai support provided to Mike Robbins by Graham Martin, our Manager, ho has taken a 8lf81 tnierest in th¢ project. Key improv¢mcnt5 The ttniing of the Collag¢ was stgrted in De£ember 2021 snd continues in a saiisfaaory mllntKr. Prior to thai. cenain improv¢nKnts wet¢ ¢arried out and cornplete redecorntion took plac¢. 'rk Icttsng is manag¢d by 8 local Estate Agent. lThis means that we Making the fi]Ilest possible use olihe building. Thc outside of th¢ buildittg was scheduled 10 be rcdecorated in 2023. in line i¥iih our five yesr mainlerwicc progr8mmc. This, as usual, ttquires lh¢ ¢r¢¢lion of scaffolding an(f a ¢omplete survey of Ihc condiii(m of all 3spccts of the building. Due to the comp]llY of the project requiring l.tcd Buildin8 Consent and a professional overview, we appOind marc B¢ale of MaTCUS Beale Architects to supervis# ihc pmj¢¢i from the b¢ginning. Mor¢us has athed for the I'rusi in the pasi and is familiar with ihe building. Fl¢ dealt ivith the listed building application, specifications and tenders. appmiinltnenl DrnIraCl0rS and overall supervision of lh¢ proJ¢¢t. Asif Malik, one ofour TnJ*ees and an ar¢hil¢¢L athed as liai50n for lh¢ TSleeS and providvd his prof¢ssional OveieW whils1 Graham Martin provided important ¢v¥ry day onsitc supcrvis?Dn. FIryAYCIAL REVIEW Financial Ststtmcnts Thi fin9ClaI slai¢ments. including Ihe notes, have been ppT¢d in compliance with the Siatem¢nt of Rea)mrnended Prxtice ISORPI "Accounting and R¢Nirting by Charities" 2019 IFRS 1021. The analygis of irt¢omc and expenditurc reflects the classificatioo of liVItieS, tog¢ther with Costs rel&tin8 lo adMinIration. Ststemtnt of FiD8n¢i¥l Activitie5 The SlateTr]cnt of kirtancial Activiiies is shown on pagc 9, with a more det&iled artalysts of inwrne and ¢xp¢nditure within the to financial siaiement5. The total itt¢ome for th¢ year Wds £225.466 12022.. £214,678) with o lUrn w lh¢ income profile the ChaTity enjoycd PTe-pBndemic. The main sourcc of incotn¢ for ihe Charity is <kTived fTom l¢tting oui th¢ facilitie5, including 10 lis w111Y owned tradin8 subsidiary Th¢ total expendiluTe for Ihr y¢ar was £227.73412022.. £237,408). The Main ¢xpense5 of th¥ Chariiy continue to be Staff salarics and upk¢¢p costs of Ihe building. which includes a dcpreciation charge for the ywof £7.390. 'lThe Charity's sub5idiw. Wimbl¢don Village Club IIQ traded ¢xCtptiO1IY well and has resulted in the gubsidi2ry PKing able lo rnske & gift aid donaiion undcr & Deed ofcovcnattt csiabli5hed in 2018 of £30,08512022.. £36,215). Prlnfflpal fwndiTrg $ourcts As mentioned above. Ihe principal funding SOUTCgS of the Charity are lettings income from ihe village h811 and rneeiing A)oms, along with the provision of facilities to the Wimbl¢doD Village Llub Lid. Bolance Sheet I'h¢ above rcsuli led lo an operaiin8 deficit of£2.268 k.fore nei profits on vestMentS of £7.393 12022.. Drating 1055Cs 01 £22,730 before net 108ses on invesiments of£15,9681. 'I'he ¢ombin¢d fund balance ai year-cnd is £1.949,65212022.. £1.944,527} with unrestricted reseTVCS decreasing lo £1,846.999 12022.- £1,841,139). Details of th¢ Chariiy's investments cEn seen in Notr 14 8Dd an analy5l5 of the mov¢mcnt of funds can bc found in Not¢ 20. I'he operating dcfirit has arisen from plenned a¢ttviry and ov¢rall the Charity reTnairt$ financially sound. While all our $lak¢holders deserve thinks tor their patience and willingness 10 b¢ flexible and pull iogeth¢r at a particularly difficult lime, Ihi5 14 ill small parL due io th¢ ¢ll¢rgy Hnd dedi¢aiion ofaur Gene Managcr. Gyaham Martill, and the support of all lh¢ oth¢1 tn¢]nber5 ofslajr.
Wlmbledon Vill e Ilall Trust REPORTOFTHE TRUSTFFS for the Year 31 Octobcr2023 FifTURE PLANS QtheT than Ihosc platts alrewjy m¢ntioned e15e%Yhere in Ihe report regarding dis&bled acce lh¢ Trygtees have no itntn£diak plans change any f the internal .8tructure or use5 ofihc building. There exists a five-year rolling s¢h¢dule for m&intenan¢c and improvcm¢lll purposes which hclps idenlify and Control rnQTe imtnediate financial (kmands and 81 the s3]ne time allows the Trust to pian for futu ncc¢ssary ¢xpcndiD]re. STRtiCTLRE, GOVERNANCE AND MANAGEMEINI" Pruiettion The IEUI Gencrdl Daia ProttiOn Rules IGDPRI le8isl8tion c8m¢ into effect on 25th May 2018. It strengthens the righis of individuals to control the holding of their rSOnal tnformaiion by third pllrties. providing more aecount&bilily and iTattspar¢ncy, and enhances the provisions of the FJ3ta PrO¢110n Ath 1998. The 'l'ru5tees have iak¢n steps lo ensure thal wc are propwly r¢gistered tompliani wilh those regulations. Our Piivacy Policy 15 published on th¢ Trust's WEbsite. STATF.MENT OF TRCSTF.F.S' RESPONSIBILITIES Th¢ Trust¢¢s (who are also ihc directors of the Wimbledon Vtlla8¢ Flall Trust for th¢ purwses of Company law) are respDnsibl¢ for preparing ihe Rewrt uf the Trustecs and the financidl 51at¢m¢nts in accordance with applicablc law and ljnited Kin8dotn Accouniing St8lldards (Uniied Kingdom ti¢n¢rdlly Acccpled Accounting Practice). Company law requires the Trustees 10 pr¢par¢ fingncial slaleTnents for ea¢h financial yeBr. Under company law ih¢ trustees must Mi approvc ih¢ rinancial al¢mentS unle55 that they are satisfied ihat they givv a truc and faiT view of ihc state of &tYairs of Ihe ChaLble con)pany and of the incoming resourcES artd applicaiion of resou¢& includin8 the income and ¢xpenditure, of Ihc ¢haTiiabl¢ company for that period. In preparing th¢se financial statetnents, the Trustees are requir¢d to.. sekci suitable accounting policies and then apply d)¢m consisl£ntly,' observe the mcihods and principles in the Charity SORP 2019 IFR51021' mak¢ judgement5 ond esiimatcs that are sonable and ptudLnt'. prcparc th¢ financial statetnenls on ihe goin8 concern basig unless li is inappropriat¢ to presurne that the chatirabl¢ company will conUttU¢ In operation. The Ttusiccs are responsible foT kceping propcr accounting retord& which disclose with rtgsonablc accuracy at any lime the fi[ncIal wsilion of the chariiable company gnd lo enable Ih¢m to ensure that finDnci#l siatemenis comply with th¢ Companies Act 2006. They Bre also TesSx)nsibl¢ for safeguarding the asseis of the charitable wmpany and henc¢ for tBk2llg JEa50nable sieps for the prevention and dcl¢¢tion of fraud and other jrregularities I'he "frustees Ire T¢sponsible for the maintenance and intrgrity of th¢ ¢orpordte and finan¢tal infomiation included on the chlble company'5 website. This report has been pr¢par¢d in accordaRce wilh ihe 5p¢cial provisions of Part 15 of the Companics Act 2006 reiaiing to small comp8ni¢s. Approved b) ordcrof the btsard ofiNstc¢s on 18 lune 2024 and signed on its khalf by.. A-Gfv-f- i¢l- rustee
INDEPEYDLNT EXAMINER'S REPORTTOTHE TRLSTEESOF 'I,]BLED0 VILLAGE FlIlLI. TR Indepethdtmt examiTrer'$ r¢port lo the trusttts of Wimbledoll Village Hxll Trust ('the Company.) I report to the ¢harity Irusws ott my examination of thB arcowiis of the Company for the yearended 31 Othob¢r2023. Responsibilsti¢s b9515 of rtport As the ¢hariiy's rNsi¢cs of the Cotnpany (attd also its dir¢¢wrs for thc purposes of CL)mpany lawl you aT¢ r¢sponsible for the preparation of the ac£ount5 in aLtordance wilh th¢ requiretnenls of the Companies Act 21X)61'ihe 2006 Acl'l. Having sAtisfd tnyself thai the acwun15 of th¢ Company t1 Wuld io be audit¢d under Part 16 of the 2006 A¢t and are eligible for indepcndcnl cxaminaiion. I r¢port in reScl of my examinaiion of your ¢harity's a0t$ as caffied out under Section 145 of thc Chariti¢s A¢t 2011 I'ihe 2011 Aci'l. In Carrying out my examination I have followcd the Directions given by thr Charity Commission under Se¢iion 145151 Ibl of the 2011 Act. lttdependent examiAer's $tat¢m¢nt I have completed my examination. I confirm that no tn&tteTS have com¢ to my attentlon in connethion with th¢ examination givin8 me cause to lieve.. attouniing reL7)rds were not kept 111 respect of the Company 8s required by Section 386 ofthe 2006 Aci: or th¢ acwunts do not accord with ihose rccords: or thc accounts do nol comply with th¥ aceounting rcquiremcnts of Swiion 396 of ihe 2006 Act othcT th any r¢4uirement that the ac¢ount3 give a and fair view which is not a matt¢r considered 3s pirt of an independcnL examinAtion' or the accounts have not ken prepzred in accordancc with tkn¢ m¢ihods and principles of Lhe Statcment of Re¢ommendcd Prnciice for ccounting and worting by charities lapplic&ble lo Charities pr¢paring their accounig in accordattce with ihe Financial Reporting Standard applicable in the UK and Republic of Ir¢land ITrRS 10211. I have no LM)ncems and hav¢ ¢om¢ acTOSS nD Other mat*rs itt wnnection with ihe examination 14) which ati¢ntion should k drawi in this T¢P)rt in order 10 ¢nabl¢ a prOT undeTStanding of thc ac¢oun15 to be reachcd. Kevin Fisher FCA Myrus Smith Chartered Artounianis Norman Ilousc 8 Burnell Road Sullon SMI 4BW 18 June 2024
Wimbledort Villa Hall Tru STATEMENT OF FINA)CIAL ACTIVIT for the Ytar Ettde 23 31.10.23 31.10.22 To funds Unrtstrict¢d funds Restricted fund Total fund5 Noi¢5 INCOME AND ENDOWMENTS FROM Donations and Icgacies 34,185 34.186 38.815 CkAritsble litivttits Gen¢raJ 112,786 112.786 89.438 Othertrading activities Inve5tm¢nt income 74.365 74,365 83.499 Totsl 225,465 225,466 214.678 FxPEDlTuRE ON Charitable activities General 736 227 734 237 408 IET I)COMEI1F.XPF.D7TI.'RE) Other recogniyed yi*$l110$$¢51 GaInlI0Se5I on Valuativtt orrix¢d setS 17351 12.2681 122,7301 7.393 7,393 15,9681 et movcmellt in 5,860 17351 5,125 138,6981 RECONCII,IATION OF FIIN'DS lotd funds broughi fonvard 1,841,139 103,388 ,944.527 1,983,225 TOTAL FLNDS CARRIED FORWARD 1,846,999 102.653 949.052 1.944,527 CONTIYL.IliG OPEiblTIONI S All incoming resour(ts and r¢sour¢e5 expcndcd uise from continuing aCtiviti¢s. The Siai¢rnent of Finan¢ial A¢iivili¢S includ¢5 all r¢wgnisEd gains and I0e5.
Wimbltdon Vlll e Hall BALAN'CE SFIEET 31 O¢tober 20 31.10.23 31.10.22 roial funds Unrestri¢ted funds Re5tticted fund Tot81 funds Notes FIXF.D ASSF.TS angiblc a5S¢ts 1,446,680 102,652 1.549,332 1,556,721 Investrients Oth¢r invc5tmcnis 10 100 235517 loo 235517 loo 224,913 1.682.297 101652 1.784.949 1.781.734 CURRENT ASSETS DebtOTS Ptepaymenis and accrued ujthme Cash at bank 12 41,054 6.666 143.340 47,054 6.666 143.340 57.063 120,124 197.060 197,060 182.W5 CRkDI'foRS Amounts f811in8 due wthin on¢ ycar 13 132.3581 (32,357 ET CURRkNT ASSETS 164.702 164,703 162.793 TOTAL ASSETS LESS CLIRRENT LIABILITILS 1,846,999 102.653 .949.652 1,944,527 NET ASSITS 1.846 999 102.653 .949,652 1,944,527 Unrestricted funds Rcstricted funds 1,846,999 102,653 1.841.139 103388 TOTAI. FUNDS .949.6S2 1.944.527 "I he chariiable company 15 entitled to exempiion from adit under Section 477 of thc Companies Act 2006 forthe year ended 31 O¢tobEr 2023. The mcmkrs have not requi]rd the company kn obtsin an audst of ils finan¢idl sthtements for the Y ended 31 0¢ber 2023 in awordancc with Sectioft 476 of thc Compani¢s Act 2006. The trustees acknowl¢dge their 5nSIbIlitIeS for ensurtn8 that the £haritablc Eotnpany k¢eps accounting recoTds Ihai comply wilh S¢uions 386 and 387 ef the Companies Act 2006 and prEparing financial staletnents whi¢h give a true and fair view of the state of arrairs of the charitable Cotnpany dl lh¢ ¢nd of each rinancial year and of its surplus or dcficit for each financial ycar in a¢cordan¢¢ with th£ rBquirements of Sections 394 attd 395 and wliich othcrwise cornply with lh¢ rcquir¢m¢nls of the Cofflpllnie5 Aci 2006 relating to financial slalEtt]ents so far as applicable to ihe charitabl¢ compzny. Ibl The5c financial statements have ken prepared in accordEnce with the provision5 applicabk io charitsblc comp8ni¢s subject to small companies regimc. Thc financial slaiem¢nts Thrre 8pproYed by thc Board of Irusl%s and &uihoTi5ed for issue on 18 June 2024 and were signed on its behalf by.. ruslce Ig[LlW Thc notes form pgrt ofihese firtan¢ial sw¢ments
Wimbltdoth VIIIA
t Hll Tr
NOTES TO TIIE Tr IIA)CIAL STATF.MFN4'
for the
eAr End
¢tob r2
23
ACCOI."N'IING POI.ICIES
B$is of prep*rin4 the fiThancilll 5t#tsments
Thc financial gtstemettts of the ch8rilable eompany, which 15 a public benefit entity unOeT FRS 102. have been PTeparcd in acrdance
with the Charities SORP IFRS 1021'Awounling Reporting by C.haritie5.' St4temenl of Rccommcnded practi applitable io ¢hariiie5
prcparing their ac¢ounlS in accordance with the Financial RertIng Standard applic2ble in the UK and Republic of Irclsnd IFRS 1021
leffcclivc l January 20191,, Financial Rewrting Stsndard 102 'Th¢ Financial Rewrting Standard applicable in the UK and Republic of
Ireland, and lh¢ Companies A¢1 2006. The financial siat¢ments have bEen ppad und¢r the historical cost convention, wilh th¢
¢xc¢ption of investments which includ¢d at tnarket value. &% modified by the revaluatiort ofcettiin assets.
Going ton¢¢r
The finllncial siaiements have been prepared on a Sog wnccrn basi& ss the TTusiees belicvc that no maieTial unccrt&iLiies exist. The
I.rUe¢S have conSided the level of funds held and the expeclcd lukcl of incom¢ and expenditUTe for 12 trK)nihs from authorising these
rinancial al¢ents and con5idcrthLsc suificicnt for the Charity to be abl¢ 10 continu¢ as a going CO[e[n.
Income
All incomc is reeognised once thr Charity has entiilement to thc incorne. it is probabl¢ ihai ihe incomc will bc tcr¢iv¢d 2nd thc Bmounl of
income receivable measured ttliably.
Donated services or facilities are rccognised wh¢n the Lharity kn ¢oniYol OVCT the item. any conditions as50Liat¢d with the donated item
have been meL thc receipt of ec4)nomic bcnefit th¢ use of Ihc ChaTity of thc itcm is probable and thai ccoTh)mic iKn¢fit can be
measured reliably. As mosi of Ihc tnDn8gernenl attd a¢tiviry of the Charity is carricd out by Voluntr& in accordance Ivith th¢ Charili¢5
SORP IFRS 1021. Ihc volunie¢r time 15 not rcco8ni5ed and ref¢r to the"frustees' ]tport for more information aknut their coniribulion.
On r¢¢cipL th)naied professional sErvices and donatcd facilities #Te Tecognis¢d on the lS of the value of the gift to th¢ Charity which is
the atnount the Charity would have been willing lo pay to obtsift serviccs or fllItieS of equivalcni economic b¢nefit on the open market;
a cor¢sponding atnounl is then recogni5¢d in expendirE in Ihi (Kriod ofr¢c¢ipL
EApenditure
F.xpendittirc is tccognised onc¢ thcrc is a legal ot tongiruciive obligation to make pay]nent 10 a ihird pgty, it is probllble thai s¢ttl¢mcnt
will be required and Iht amountof th¢ obligation can be measured rcliably.
All expEndiluTE l5 accounied for on an &ccnJals basis. All expcnses including suPrt CO515 and governance costs sre dllucaied 10 the
&pplicable expenditur¢ h¢adings having rcgard lo the natur¢ of the expenditure. Costs of rhaTitablr aciivltics include the ¢oniinu¢d
maint¢naace and upkeep of the Chariiy's building. together with salarie& Charity activities Énd other overkad and support costs.
TaBpible fixed Assets
D¢pr¢ciation 15 provided at the followtng annual reteg in Order to Nvritc off each as5¢t over its estimated useful Itfc.
Tr'reehold properry
Gall¢ry
in accordancc with the prortY
in accordBllce with the property
-raxAtiort
TIK Charity is an cxcmpi ¢harity within the Tneaning of schcdule 3 of th¢ ChBritics Act 2011 and is cottsidcred to pBss the les15 5cI oui in
Para8raph I Schedule 6 Financc A¢1 2010. Accordingly, it is poieniially txcmpt from laxalion in respcrt of income and capital gains
Iv¢eived to th¢ cxtcnt that suth in
WimbltdoD Vllla e H 11 Trust OTES TO TFlb b INANCIAI. STAT - forth Y
rEn
ed31 tober 2023 LNTS- coHtiDucd ACCoUiNYIG POLICIES- tohtlnued Inve5tmellts Investments are a lorni ofba5i¢ financial instrument and arc initially r¢cognised al thcir transaction value 8nd subsequently measured at their fair value as ai Ihc balanc¢ sh¢et datc USillB the ¢lostng qU0d mgrket price. Ihe income arising on the investtnents is shown und¢r invc51tn¢ni incom¢ in the Statetneni of financial Auiviti¢s. fjains and losses on ¢nv¢stment assets di$Sed of are shown 85 gains losses in Ihe Siaiem¢nt ofFinanci&l Activities. Deb¢ors Trade am(f other d¢btors are recognised ai ihe s¢ttlement amount aftet any Irade discount otycrcd. Prepayments are valued at the amount prep&id. C.a$h at Bank and In HaThd Cash at b&nk and tn hand includes cash and short-temi highly liquid invesimenis with a short maturity of thiee monihs or less from the date of quISItio[l 01 Dpvning of the deposit or simiiaT account. Creditors arld Provisioth$ Crcdilor5 and provisions are recognised where ihc Charity has a present obligation sU7t1n8 from a past eveni that will probably result i tho trSfer of funds to a ihird party and amount due 10 seiile ihe obligation £8n be meLsurtd or estiMed reliably. Creditors and provisions 8r¢ normally Tecfjgnis¢d at their s¢tll¢m¢nl attjount after llowinE for any trade discounts duc. Inve5tmtnf Subsidwry lIdertakIng5 Th¢ Charity has one wholly owied subsidiary. Wirnblcdon Villag¢ Club Ltd, Iregi5tfftd wmpany number 045596301. 'The subsidtwy is uscd for non-primary purposc trading acLIVltics_ The subsidiary undL'rtking is valu¢d at cost le55 curnulativc impgirtn¢ni 105se5 in ihe Charity's accounis. DON'ATIONS AND l.kGACIES 31.10.23 31.10.22 thinations Gitl aid from Witnbledon Villagc Club Lid 4.101 30.085 2.600 36.215 34.186 38.815 OTHER TRADING AcfiviTIES 31.10.23 31.10.22 Club Rent Receivcd Club ManDgcmcnt Fee 36,815 34,799 48.7 74,365 83,499 IliVESTMEIYF INCOME 31.10.23 31.10.22 Dcwsit accouni interest Dividend Income 918 124 2,926
WlmbledoD Villa H 11 Trust OTES TO I'HE FIJANCI41. STJlTEmETS- continued r Ende tober 21)23 IINCOMF FROM CIIARI'fABLE ACTIVITIES 31.10.23 31.10.22 A¢ii¥ity General GEneral Lettings IA>cal Re51ri¢1ions Support Gra 112.786 85,438 112.786 ET IYI COMEI{EXPENDITI.'RF.) Net incomellexwiditur¢l is 5tai¢d after Chi8l(cr¢dl1lg}'. 31.10.23 31.10.22 tkpr¢¢iation- owncd assets lire of plant and tna¢hin¢ry 7,389 925 7,390 761) COSTS OF CHARITABLL ACTIVITIES Dirett Cost$ Support Cost5 2023 2022 Wages and salarics Repairs, cleaning and mainn3ce Charity runnin8 ttnd admitt costs tkpreciation Accountan¢y Lcgal and prof¢55ional costs Tr¢asur¢r's fees Governanc¢ cost15ee note 81 90.087 92.429 7,132 7,390 .087 92.628 7.132 7.390 17,028 11,569 70,84S 124,484 7.866 7,390 199 17,028 11,569 7,998 13,072 5,753 237 408 1.900 19,127 208 607 227.734 GOVERNAYCE COSTS 2023 2022 Indepcndent EXaMir5 remuneration L¢8 and prof¢ssional fee5 Trusices M¢¢iings 1,900 1.680 2,543 1,530 1,900 STAFF COSTS 2023 2022 Wages and Salaries Employ¢rs NT P¢nsKJn Costs 83,137 3.333 3,617 90.087 65.889 1,814 3,142 The average monthly numkr oftmployees during the year Ivas as follows.. 2023 2022 Dir¢ct Charitabic No ¢mploye¢ r¢(rived ernployee bertefils lex¢ludin8 Ctnployers pension cosisl of nre Ihan £60,000 during the year The only key manag¢Tn¢nt J50ncl Tecfjgnised during ih¢ year were Trusiees. Thc I'rnsttts rec¢iv¢d no c]npiuyee knefits a5 shown in NO 10.
io. TRUSTEES, REMIIYERATIONI AND BENEFITS The Clwity TruseS were not paid OT f¢Ltived any oih¢r benefits from employmcni with the Trust or its subsidiary in the year12022.. Enilll. No charity IStee ncciv¢d Yrnent for professional or oth¢r services supplied to the Charity 12022.. £nill. Tntsttts, tApen5es There were no trustees. ex8¢5 paid for the ellded 31 0¢b¢r2025 nor for the yfar¢nd¢d 31 Othober 2022. CO.MPAJLATIVES FOR THE STATEME)T OF Tr IANCIAL AcfivITIES Unresiricied runds Re5tri¢ted fund Total fund5 INCO7lL AND ENJ D0WMF.Ts FROML Donaiion5 and legaci£s 38.815 38.815 Charitabl¢ ¥etivitie5 Cjeneral 89.438 89,438 Other iTading athiviii¢s Investment income 83,499 2.926 83,499 2,926 Total 214.678 214,678 EXPLYDITIIRF. Ot Chariiable activitie5 General 23 723 237 408 NET INCOMFJ(EXPENDII'UREI Other reto%rti8ed gain14$$¢8I Gainslllossesl on rcvaluaiion of fixed set5 1210071 17231 122.73O} 15,9681 15.968} Net movtment In funds 137,975} 17231 138,098 RECONCILIATION OF FLNDS Total funds broughi foyward 1.879.114 .983.225 TOI"AL FLNDS CARRIED FORWARD 1.841.139 103,388 .944 527
Wlmbledon Vill e Ilall Trust NOTES'I'O THE FTNANC-.IAI. S'1'A"I"EMEiYfs- ¢ontinued rTr.n d 31 Octob¢r 2 12. TANGIBLE FIXED ASSETS reehold property Gallery Tots15 COST At l November 2022 and 31 Octokr 2023 1.500,000 108.449 1.608,449 DEPRkCIATIOTr4 At l November2022 Char8e for year 46.667 6.666 5,061 723 51.728 7,389 Al 31 October2023 53,333 ET BOOK VALLIE Al 31 October 2023 1.446,667 102 665 .549 332 At 31 October2022 453.333 103,388 ,556,721 As perrnitted on the Charity's fi1 adopiion ofsoRP 2015 IFRS1021 in 2016, lattd and buildings have bcrn recognised at deeTned cosi. The building value will bc dcpreciatcd over a 150-yeaT period. The d¢¢med cost of £1.50O,000 is to be used as Ihc asset valu¢, beitjg £i.000.(x)o ror the Freehold Building and £500.000 for the l.und. The Trnstees obtained It valuation in 2016 from Robert Flolm¢s and Company Limiltd. Chartered Surveyor& Valu¢rs and E5tstc Agents of £1,250,, which was splii betw¢¢n the Buildings valu¢ 1£1.500,0001 and the ac£ompanying Land value1£750.0001. The considEr this pff>perty is hcld on a long-lertn basis for the Continuing benefit of the Charity in th¢ form Df in¢ome and ¢apitaJ apprcclati0 lThe propcrty 15 substantially l£t the in¢ome derived en&ble5 thc Ch¥tiiy to cany out its chtriiable purposes. I"he buildillg has been in exi5ten¢e sincc 1858 aDd 15 mainlaincd continuously and the'l-rusiees belicvc ihe awropriatc Useful life of Ihe building to E anoiher 150 y¢ars and therefore thi% is the basis for d¢prc¢iaiton. 13. FIXED ASSET IYVESTMENTS There were inv¢5th1ent asgels ou15id¢ th¢ UK. The investrnents are invc5*d wiihin a nwnber of Charity Investellt Funds, managed by CCLA and Bla¢krock. Net Gainson investments ai 31 (ktober 2023 were £5,714 (Nei Loss on investtnenls 2022.. £15.9681. DIvdendS Jtceived. which ar¢ r¢invesEed duting Ihe year. re £ 321112022.. £2.8021. 14. OTHER INVESTMENTS OihtrT investments MARKL'f VALUE At l Novetnber2022 Revaluaiions Dividend Income Re£eiv¢d 224,913 7.393 At 31 Octobcr 2023 235 517 LT BOOK VALLE At 31 Iktob¢r 2023 235.517 Ai 31 October 2022 224,913 C05L orvaluaiion 31 October 2023 is repres¢ntcd by.. Othcr IllVC51tncttis Valuaiion tn O 235 517
WimbledoR Villa e Hall Trust NOTESTO THE FINACIAL STAT for the Year Lnded 31 Oc er 2023 IX SLIISIDIARY I',NDF.RTAKING Wimbledort Village Club Ltsl The Charity 0%4lls th¢ whole of the i59ued ordinary share capital of Wimbledon Villag¢ Club Ltd, & cornparty registered in Englwid and Wales. Thc subsidiary is used for non-primary PUTwse trading 2etiviiie5. Thc subsidiary has not bccn ¢onsolidaTrd in the Charity's ub¢ounts_ A suinmary of thL r¢sults orth¢ subsidiary is 5howTr bclow.. 2013 2022 Tumover OtheT income Cost of sales and adminTstrbtive sts Net profit Amouni 8ifl aNJ¢d to th¢ Charity 384,187 352.898 1344,6S2 39.535 139,S35 36,215 136.2151 Amount illed in the Subsidiary The 5¢ and li&bilities ofthc subsidiary were.. 2,023 2.022 Current asseis Current liabiliii¢s Nei currcni ass¢15 Total net assets 79J48 (66,9651 12 J83 12,383 87,423 175.0401 12J83 12,383 Ag8rega* sharc wital gnd re5eTves 12J83 12.383 Durittg 2018, a Deed of Covenant Nvas signcd bet%veen th¢ Charity and its trading subsidiary which sets oul the wishcs ofthe subsidi3ry to don&t¢ the eniir¢ty of its distribuiable proftt the Charity on the tern15 set out in Deed. 16. DLII'I'ORS.. AMOIJN4TS Tr ALLING DI'E WITHIIY ONJ F. VEAR 31.10.23 31.10.22 Amounis owcd by group undertakings Letting5 D¢btor5 42,614 4.440 48,704 8,359 47.054 57.063 17. CREDITORS.. AMOLNTS FAJ,LINf. DL'I WITHIN ONL YEAR 31.10.23 31.10.22 Trade crcdilot5 So¢ial sccurity and oth¢r t&¥cs (iranls Payablt D¢f¢rred income A¢crwd expenses 9.514 3,463 1,936 9,935 7,509 3,002 4.080 ,936 &628 2,466 32.357 DefcTFed incotlle 2023 2022 Balance brought forward Additions in ye R¢l¢ased to incoffle Llalanie Larricd forward Defirred income rcflects lettings incomc t¢ccived in advawe for thE following financial y¢ar. 8.628 4.296 2.989 9.935 7,644 3.157 2.173 8,628
18. LEASING AGRKE.MENTS Minimurn le&se payments under twn&C8ncellable operatiDg lefjses fall duc as follows.. 31.10.23 31.10.22 Within one year 360 19. mOVEmET IN F11Tr4DS Net movem¢nt in funds At At 51.10.23 Unrestrieted fuDds G¢n¢ral fund 1.841.139 5,860 1.846.999 Restricted funds Gallery projeci 103.388 17351 102.653 TOTAL FbNDS ,944,527 1949 652 et Tnovemeni in futtd& inclllded in thc aknv¢ are as follows.. Incoming re50Urtes Resources ¢xp¢lld¢d Gain5 and 1055es MDvcm¢ttt in funds iinr¢stricted fund$ Oeneral fund 225,465 1226.9981 7.393 5.860 Restrittrd furtdj fjallery project 17361 17351 TOTAL FUNDS 227.7341
Wimble Villa e Flall Tru51 i)'I'Tr-S'I'O'l'Trlb FINAliCIAI. STIll'EMbNTS- eontinued for the I'f r Ended 31 October 2023 20. MOVENIENT IY FlDS- colIUed Compratives for movtment in funds Net move]nent in funds Ai Ai 31.10.22 Lllrestricted funds (ieneral fund Fixed Assets Fund Dc51gnaicd- Building Fund 317.391 1,460.000 101,723 137,9751 279.410 1.460.0(K) 101,723 1.879,114 {37,9751 1.841,139 Restricted fuNd$ Ciall¢ry project 17231 103.388 TOTAL FUNDS 1983 225 38,698 944.527 Comparaiive tKi movement in funds included in lh¢ abov¢ 8Te gs follows". Incoming resourt¢s RoUrCeS expended GaiD5 4nd losses Movemeni in funds I'Dre$tri¢t¢d fMnd5 Gcn¢ral fund 214.678 1236,6851 115.9681 137.9751 Rc5trictd fwrtdi Gallery project (7231 17231 TOTAL FUNDS 214,678 237,4081 15,9681 38,6981 A current year 12 months and prior y¢ar 12 ]nonths combined position is as follows.. Net ovement in funds At 31.10.23 l."nre5trieed fu0$ CJ¢n¢ral fund Fixed Assets F'und Designated- Buildin8 Fund 317.391 1.460.000 101,723 285.276 1,4(A).000 101,723 ,879,114 1.846,999 Reytrictcd funds Gallery projcct 11.4581 102.653 TOTAL FLPIDS 1.983.225 33,5731 1.949,652
Wimbledon I'illa Hall Trust NOTES TO'I'HE FIN.4NCIAL SI-AT for the Ye#r Lnded 31 ober 2023 MENTS- eoutirtued 21. ,MOVEMENT lli FtiNDS- contillued A current ycar 12 months and PTioryear 12 months combined rtei movemcnt tn funds ill¢luded in the above are as follows.. Gains and losses Incoming r¢50ur¢¢5 Resour$ cxpendcd Movement ift funds Unrestricted funds General fund 440,143 1463,6831 18.575) Rtslrf¢i¢d funds Gallery project 11.4591 (1.4581 T(KfAL Tr UNDS 440,144 465.1421 8,5751 33.5731 22. EMPLOYEE BE4EFIT OBLIGATIONS "I'he Charity has a .fin¢d contribution pension scheme, which all ¢mployeES entitled 10 join. The Ch8llty eoniributcs 3Yo and th¢ employe¢s contributed 5%. In addilion to CQ515 incurred by the Chariiy in Icrms of the workplacc pcn¥ion regulaiions, the pertsion chargc include5 SUtll5 to b¢ paid to eligible individuals when approprigte personal schemes are in place During the ye8T ended 31 (kwber 2023, the ChHTity's total coniributions 8mOUnted 10 £xxxx (2022...1421. TRANSACTIONS AD RELA'fED PARTIES Wimbledon Vi112ge Club Ltd 15 * wholly owned subsidiary of Wimbledott Village Hall Tt. All of the Trusvs Dir¢CtO TSt¢¢$ are m¢mkrs orth¢ Club During the ytar, Ihc Chariiy chargcd a magement fec of £38.750 12022 .. £48,700) to Wimblcdon Ville Club Ltd. %n rcspeth of staty time and apwni0tt&4 overheads and £36.81512022.. £34,799) in ]Enl. During thc yrar various mcmkrs of the Trusi's trading sub5idigry, Wimblcdon Village Club Ltd, provided vtrious servi(%s b)th the Trust and the Club. Th¢s¢ scrvi¢¢s W¢T¢ un(krt8ken on an amis Icngth b2sis 8nd no transactions ivere mal¢ri81 either IndividllY or in a88r¢gaic. Roih Mr l. C. Simpson and Mr A. A. Malik aT¢ Trn5tees of The Wimbl¢don Society Srtd duTing the year ihe Twst received £2,60012022.. £2.6001 a5 a donation from the Society. The Charity provides two rotsms in the buildillg rent free for Ihc Society house thc Witnbledott Museum. 24. LEGAI. STATbSOTr THE TRI';ST The Trust l5 a Charitable Company litniled by guaTaiiiee anif has no share capital. In the cvcnt of th¢ Trust being wound up. the liability r¢5p¢a of the guarRntCC i5 limited to £1 per member of the Charity.
Wimbltdort Vil DET,III.Tr.D S1'A-I'EMLN"r OF FINANCIAL ACTIVITIES for the Year F.n l October 2023 31.1023 31.10.22 INCOME A,YD ENDOWMENTS DollgtlQD$ and Icgacies Donations GIA aid from Wimbl¢don Vi119ge Club Ltd 4,101 30.085 2,600 36.215 34,186 38.815 Oiher tradiDg gctiYitie$ Club R¢nt R¢¢eived Club Manag¢m¢nt F¢¢ 36.815 34.799 48,7 74.365 83.499 Jnvtstment Imeomt tkwsit account intere81 Dividend Income 918 124 2,802 4,129 2,926 Chxritablt *¢tlvitie$ Lettings Local R¢sirictions Suprx>rt Gr& 112,786 85.438 4,000 I 12,786 89,438 Total illco]niN8 resouree5 225.466 214,678 V.XPEYDI'I'UkE Cbirilgblt activities Wagcs Social security Pensions Flit¢ of plani and machinery Ratcs and water Insuran¢¢ Light and h¢ai lelephone Postage find stationery Sundri¢s 5cIal Vroje¢ts R¢pairs and tcplacctnents Cotta8e cosls Exhibition evenis TregsuTeT le£s Unrccover&ble VAT Ckantng Subscriptions Accountancy Legal and prof¢5sional fees Bank Charges Rad Debi Write Off Depreciation of tangible fixgd assets 83,137 3.333 3,617 925 2,527 6,630 9.793 65.889 3,142 760 3,702 5.961 9.330 1,088 969 263 66,883 I 1.939 2.470 1.081 1.763 32.368 10,236 4,229 1,759 13.072 6,878 23,439 25.920 40 1.900 28.597 98 1.680 86 7.390 7,390 227.734 237,408 Total r¢souTces cxnded 227.734 237,408 ¢t eipenditu 2.2681 22.7301