COMPANY REGISTRATION NUMBER: 05485932
CHARITY REGISTRATION NUMBER: 1112980
Holsworthy Memorial Hall Limited
Company Limited by Guarantee
Unaudited Financial Statements
30 June 2024
CPH Accountin
Eden Park
Brandis Comer
Holsworthy
Devon
EX22 7XZ
Ltd

Holsworthy Memorial Hall Limited
Company Limited by Guarantee
Financial Statements
Year ended 30 June 2024
Page
Trustees, annual report (incorporating the director's report)
Independent examiner's report to the trustees
Statement of financial activities (including income and
expenditure account)
Statement of financlal position
Notes to the financial statements

Holsworthy Memorlal Hall Llmlted
Company Llmlted by Guarantee
Trustees. Annual Report (Incorporatlng th• Dlractorfs Report)
Year ended 30 June 2024
The tru8tees, who are also the director8 for the purposes of company law, present their report and the
unaudlted financlal ststem8nts of the charity for the year ended 30 June 2024.
Roforoneo and admlnl8tratlv8 d•tsiis
Reglst•red charlty name
Holsworthy Memorial Hall Limlted
Charlty reglstratlon numbor
1112980
Company rngl•tratlon number 05485932
Prlnclpal offlce and r•g18t•r•d North Road
offlce
Holsworthy
Devon
EX22 6EB
The trustees
J Addlcott
J Hutchlngs
L E Emmett
N J Kenneally
Structur•, gov•rnanco and manag•ment
The org8nisation ig a charrtab18 company Ilmlted by gu8r8ntee, Incorporated on 21 June 2005 havlng
been registered as a charity on 31 August 1962. The charlty was established under a Memorandum of
AJ3oGiation whiGh eotabll8h¢d tho objects and power8 of the ¢haritable company and is governed under
its Artlcles of Associatlon. In the event of the company being wound up, members are required to
contribute £10.
ObJoCtlv•• and actlvltles
The Ghartty was 88tsbllshed In order to malntaln, repalr and secure the oparatlon of Holsworthy Memorlal
Hall. The hall requlred substantial rebuildlng and renovatlon work In order to ensure that it was flt to
serve the resldents of Holsworthy and surroundlng dlstrlct, in the twenty flrst century.

Holsworthy Memorial Hall Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporatlng the Dlrector's Report) (contlnuod)
Year ended 30 June 2024
The trustees have faced another challenging year. The discussions with TDC regarding the incorrect
registration of the Hall with the Land Registry are ongoing and costly. It is hoped that the issue will be
concluded satisfactorily in the next financial year,
The current trustees are elected trustees as per CC Scheme. There are currently no representative
trustees as no nominations have been received. The constitution will be reviewed in the upcoming year
In consultation with the representative organisations.
The charity's trustees are not paid and no remuneration or other benefits from employment with the
charity or related entity were received by the trustee's charity in the current or the previous year,
The bar Is operated under a lease agreement. There is an order in place, issued by the Charity
Commission which authorises the disposal of charity land (the Bar Area of the Hall) in the form of a
lease to a connected person. as defined in section 118 of the Charities Act 2011, it being in the inter88ts
of the charity to do so. The provision of alcohol in the Hall will be reviewed in 2025.
Resorves pollcy
The Trustees are satisfied that the level of reserves, as shown on the balance sheet, Is ad6quate to
cover known and anticipated costs in the short term.
Rlsk management
The Trustees have assessed the major risks to whlch the charlty Is exposed, In particular those related
to the operations and finances of Ihe charity and are satisfied that systems are in place to mitigate their
exposure to major risks,
Publlc beneflt
In planning our activities for th8 year, we have kept in mind the Charity Commission guidance on public
benefit.
Flnanclal revlew
Total incoming resources during the year were £55.185 of which £23,600 was grant income (2023.,
£48,494). Resources expended In the same period totalled £41,367 (2023.. £61,032 At 30 June 2024
the charity held total funds of £614,150 of which £489,483 were restricted funds received for the building
and refurbishment of the hall,
Small company prov181on8
This report has been prepared in accordance with the provislons applicable to companies entitled to the
small companies, exemption.
The trustees, annual report was approved on 3151 Janu8ry 2025 and slgned on behalf of the board of
trustees by..
J Hutchings
Trustee
N J Kenneally
Trust

Holsworthy Memorlal Hall Llmited
Company Llmlted by Guarantee
Independent Examlnerfs Report to the Trustees of Holsworthy Memorlal Hall
Llmltod
Year ended 30 June 2024
I report to the trustees on my examlnatlon of the financial statements of Holsworthy Memorial Hall
Llmited ('the charlty,) lor the year end8d 30 June 2024. The full financlal statements can be found on
P8gés 7- 15 of this document.
Respon8lbllltles and ba818 of report
A8 th8 trust8es of the company (and also Its director8 for the purpo8es of company law) you are
responsible for the preparation of the flnancial statements In accordance wlth the r8qulrements of the
Companles Act 2006 (Yh8 2006 Act,).
l am satisfied that the accounts of the company are not requlred to be audlted under Part 16 of the 2006
AGt and ar8 ellglbl8 for Independent examlnation.
I report In respect of my 8xamlnatlon of tho charfty's accounts a8 carded out under sectlon 145 of the
Charfties Act 2011 ('the 2011 Act,). In carying out my examination I have followad th8 Dlrections given
by the Charlty Commlsslon under 88don 145(5)(b) of the 2011 Act.
Independent oxamln•r'8 Stat•mont
I hwrfe carrled out and completed my ex8mlnatlon of the account8 8nd fin8nc181 statements. I confirm
that no matters have come to my attention in connectlon with Ihe examinetlon giving me Gause to
believe:
accountlng record8 were not kept In respect of the charfty 88 r8qulred by 88Ctlon 386 of the
20Q6 Ad; or
the fln8nc181 statements do not accord wlth tho88 records: or
the financlal statements do not comply wlth the accountlng requlrements of sectlon 396 of the
2006 Act other than any requlrement that th8 accounts glve 8 'true and falv view which is not
a matter consldered as part of an independent examinatlon; or
the financlal Statements have not been prep8red In acwrdance wlth the methods and
principles of the Statement of Recommended Practice for accounting and reportlng by
charities applicable to charitles preparing thelr accounts in accordance wlth the Financial
Roportlng standard appllGable In the UK and RepubliG of Ireland {FRS 102).
The accounts are well run with approprlate reporting actlon taken for th8 Speclfic Purpose Funds,
I have not identlfied any concern8 on the accounts nor are there any issuos that should be raised as an
observation.
C Parklns

Holsworthy Memorial Hall Limited
Company Limited by Guarantee
Statement of Flnancial Activities
(including income and expenditure account)
Year ended 30 June 2024
2024
Restricted
funds Total funds Total funds
2023
Unrestricted
funds
Not•
Incom8 and endowments
Donations and legacies
Charitable activities
25,751
29,434
55,185
25,751
29,434
18,883
29,611
48,494
Total Incomo
55,185
Expendlture
Expenditure on charitable activities
Total expendlture
34,068
7,299
41,387
61,032
34,068
7,299
41,367
61,032
Net Income and not movement In funds
21,117
(7,2991
13,818
(12.792>
Roconclllatlon of fund3
Total funds brought forward
Total funds carrled forward
103,550
124,667
496,985
600,535
613.327
600,535
489,483
614,150
Th8 statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activitl8S.
The notes on pages 7 to 15 forni part of the8e flnanclal statements.

Holsworthy Memorlal Hall Llmlted
Company Llmlted by Guarantee
Statement of Flnanclal Posltlon
30 June 2024
2024
2023
Noto
Flxod a880ts
Tangible fixed assets
13
606,227
606,431
Currnnt a88ets
Stocks
Debtors
Cash at bank and in hand
14
15
2,000
115
4,972
7,087
26,219
27,166
Credltorn: amount• falllng du• wlthln on• y•ar
19,243
12.983
Not curr•nt a88•ts
7,923
614,150
814,150
(5.896)
600.535
Totsl a$sots l••$ curr•nt Ilabllltle•
Not as8•ts
600,535
Fund8 of the charlty
Restrfded funds
Unrestrictsd funds
489.483
124.667
498,985
103,550
600.535
Total charlty funds
614,150
For the year endlng 30 June 2024, the charity was entI￿ad to ex8mptlon from audlt under secUon 477
of Ihe Companle8 Act 2006 relatlng to small companies.
Dlrector8' responslbllltl•8:
The mamber8 have not requlred the company to obtsln an 8udit of its financial statements for tho
yaar In question In accordance wlth 8ection 476.
Tho dlrector8 ackn¢)wladg8 thelr ra8pon$lbllltl8g for complylng wlth tha requlrements of the Act wlth
re6pect to accountlng rocords and the preparatlon of financlal statement8.
Th888 financlal ststements have been prepared in accordance wlth the provisions applicable to
compan18s subject to th8 small companles, reglme.
These financial statements were approved by the board of trustees and aLrthorl8ed for 188ue on 31•1
January 2025 and are signed on behalf of the board by:
J Hutchlngs
Trustee
N J Kenneal
Tru
Thg not98 on pag917 to 15 fomi part of th•89 financial Statomonts.

Holsworthy Memorial Hall Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 30 June 2024
G•noral Infomiatlon
The charity is a public benefit entity and a private company limited by guarantee, registered in
England and Wales and a registered charity in EngSand and Wales. The address of the registered
office is North Road, Holsworthy, Devon, EX22 6EB.
Statoment of compllan¢a
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the 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 IFRS 102) {¢harities
SORP (FRS 102)) and the Companies Act 2006.
Accountlng pollclos
Basls of preparatlon
The financial statements hav8 been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment propertl88 measured at f81r
value through income or expenditure.
The financial statements are prepared in Sterling, which is the functlonal currency of the entity.
Golng concern
The Trustees continue to assess the viability of the hall in order to reverse the insolvent net Current
liability position.
The accounts have currently been drawn up on a going concern basis which may not be
appropriate.
Dlsclosure exemptlon8
The entity salisfies the crlteria of being a qualifylng antity 8s deflned in FRS 102. As such,
advantage has been taken of the followlng disclosure exemptlons available under paragraph 1.12
of FRS 102..
(a) No cash flow statement has been presonted for the company.
(b) Disclosures in respect of financial instruments have not been presented.
Judgements and key sources of estlmatlon uncertalnty
The preparation of the flnanci81 statements requires management to make judgements, estlmates
and assumptions Ihat affect the amounts reported. These estimates and judgements are
continually reviewed and are based on experience and other factors, including expectations of
future events that are believed to be reasonable under Ihe clrcumstances.

Holsworthy Memorlal Hall Llmlted
Company Limlted by Guarantee
Notes to the Flnanclal Statements I￿ntInu•d)
Yéar ended 30 June 2024
Accountlng pollcle8 {contlnu•d)
Fund accountlng
Unr8Strlct8d funds ar8 avallabla for use at the dlscretlon of the twstees to further any of the
charftys purpose8.
Designated funds are unr8strlct6d funds earniarked by the trustees for partlcular future project or
commltment.
R86tr1cted funds are subjected to restrlctlons on thelr 8xpendltur8 dedared by the donor or through
the temis of an appeal and fall Into one of two 8ub-cla88es: restricted income funds or endowment
funds.
Incomlng resourc••
All Incomlng resources are Included In the siaiement of flnanclal actlvltl88 when 8ntitlement has
passed to the charity; it Is probable that the economic benefrts associated wlth the transaction will
flow to th8 charlty and the amount can be reliably measured. The followlng speclfic policies are
applled to partlcular categorl88 of Income:
Incomg from donatlon8 or grants Is recognlsed when there Is evidence of entltlement to the
glft, recelpt Is probable, and Its amount can be measured reliably.
legacy Income 18 recognised when recelpt is probable, and entitlement is astabllshed.
Income from donated goods 18 measured at th8 fair value of the good8 unless thls Is
Impractlcal to measure reliably, In whlch case the valu8 Is derlved from the cost to the donor
or the estlmated resal8 value. Donated facllltl8s and servlces are recognlsed In the accounts
when recelved rf the value can be rellably measured. No amount8 are Included for the
contributlon of general volunteers.
Incoma from contracts for th8 8upply of servlces Is recognised wlth the d81ivery ol the
contracted 68ryice, This 18 da88ified a8 unrestricted funds unless there Is 8 contractual
requlrement for it to be spent on 8 partlcular purpose and returned K un8pent, In whlch ca8e
It may be regarded as r8Strtcted.

Holsworthy Memorial Hall Limited
Company Limited by Guarantee
Notes to the Financial Statements (contlnuod)
Year ended 30 June 2024
Accountlng pollcles (contlnu•d)
Rèsources expended
Expenditure is recognised on an accruals basis as 8 liability is incurred. Expendilure includes any
VAT which cannot be fully recovered. and is classified under headings of the statement of financial
activities to which it relates..
expenditure on raising funds includes the costs of all fundralsing activlties. events. non-
charitable trading activities, and the sale of donated g¢)ods,
expenditure on charitable activlties includes all c08ts InGurred by a charity In undertaking
activities that further its charitable aims for the benefit of its beneficiaries, including those
support Costs and costs relating to the governance of the charity apportioned to charitabla
activities.
other expenditure includes all expendlture that is neither related to raislng funds for the charity
nor part of it5 expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to 8 single activily are allocated directly to th8t activity. Shared costs are apportioned
between the activities they contribute to on a reasonable, justifiable and Gonsistent basis.
Tanglble assets
Tanoible fixed assets ar8 Stated at cost less accumulated depreciation.
Depreclatlon
08pr8ciation is provided at rates calculated to write off the cost less resldual value of each asset
over its exp8ct6d useful life, as follows..
Land and buildings
Equipment
Computers
No charge
200/0 on net book value
20.10 Stralght Iln8 Ilncluded In equlpment)
Land and bulldlngs have not been tjepreclated thls year as the beneflclal ownershlp of the Hall Is
currently being invesligated. Until such time as the Trustees can establish the ownership with
certainty, this policy wlll continue.
Impalrment of flxed assets
A review for indicators of impairment Is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impaiments are also reviewed for
possible reversal at each reporting date.

Holsworthy Memorial Hall Limlted
Company Llmlted by Guarantee
Notes to tha Financial Statemènts (oontlnu•d)
Year anded 30 June 2024
Accountlng pollcl•$ (contlnu•d)
Impalmi•nt of flx•d as••t8 f¢ondnu•d)
For the purpose3 of impairment testing, when it is not possible to estimate the recoverable amount
of an Individual asset, an 8stlmat8 Is made of the recoverable amount of the cash-generating unit
to which the asset belongs. The cash.generating unit is the smallest identffji8ble group of assets
that includes the asset and gener8t8s cash inf[¢￿8 that largely independ8nl of the c88h inflows
from other a58ets or groups of assets.
For impalrment testlng of goodwlll, the goodwill acqulred In a business comblnatlon Is, from the
acqulsltlon date, allocated to each of the cash-generatlng unlts that are expected to benefft from
the synergies of the combination, irr88pectlve of whether other assets or liabllitles of the charlty
are a8slgned to those unlts.
Stock8
Stocks are measured at the lower of cost and 8Stlmated Selllng prfc81888 costs to complete and
S811. Cost Includes all costs of purchase. costs of converslon 8nd other costs Incurred In bringlng
the stock to Its present locatlon and cond5110n.
Government grants
Government grants are recognised at the falr value of the asset r8C8ived or receivable. Grants are
not recognised untll there is reasonable assuranc8 that the charity will comply with the conditions
attaching to them and the grants will be recalved.
Where the grant does not Impose speclfied future performance-related condltlons on the reclplent,
It is recognised In Income when the grant proceeds are r6celved or receivable. Where the grant
does Impose specified futuré performance-r8lat8d condition8 on the recipient, it is r8cogni86d in
' Income only when the performance-related condltions have been met. Where grants recelved are
prlor to satlsfylng the revenue recognltlon crlterla, they are reGognised as a liabillty.
Flnanclal In•trumonts
A financial asset or a financlal Ilablllty Is recognlsed only when tha antlty b8com88 a paty to th8
contractual provlslon8 Qf the Instrument.
Basic financial instruments are Initially recognised at the amount reGeivable or payable includlng
any related transactlon costs, unless the arrangement constitutes a financing trans8Ctlon, where It
is recognised at the present V81ue of the future payments dlscounted at a markol rate of Interest
for a similar debt Instrument.
Current assets and current Ilabllities are subsequently measured 8t the cash or other consideratlon
expected to be pald or recelved and not discounted.
10

Holsworthy Memorial Hall Limited
Company Limited by Guarantee
Notes to the Financial Statements {continu•d)
Year ended 30 June 2024
Llmlted by guarantee
Holsworthy Memorial Hall Limited is a company limited by guarantee and accordingly does not
have a share capital.
Every member of the company undertakes to contribute such amount as may be requlred not
exceeding £10 to the assets of the charitable company in the event of lis being wound up while he
or she is a member, or within one year after he or she ceases to be a member.
Donatlons and legacles
Unrestricted Totsl Funds Unrestricted Total Funds
Fund8
2024
Funds
2023
Donatlons
Donations
2,151
2,151
6,550
6.550
Grants
grant Income
23,600
23,600
12,333
12,333
25.751
25,751
18,883
18.883
Charltable actlvltl68
Unrestricted Total Fund8 Unrestricted Total Funds
Funds
2024
Funds
2023
Letting of hall
Events
29,434
29,434
29,611
29,611
29,434
29,434
29,611
29,611
Expendlture on charltable actlvltlos by fund type
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Charitable activities
Support costs
34.068
7,299
41,367
34,068
7,299
41,367
Unrestricted
Funds
Restrided Totsl Funds
Funds
2023
Charitable activities
Support costs
43,666
17.620
61,286
43,666
17,620
61,286
11

Holsworthy Memorial Hall Limited
Company Llmlted by Guarantee
Notes to the Flnancial Statements (contlnu•d)
Year ended 30 June 2024
Analysls of charltablo actlvltlos and 8UPPOrt C08ts
Analysls of
charitable
activiti6s Total 2024 Total 2023
Wages
Wator rat68
Llght and heat
R8palrs and malntenance {r8strlcted)
In8urance
Telephone and broadband
Depreciation (restriGted)
Bank charges
Loan Interest
Sundry expenses
Oth8r admlnlstratlve c08ts
Gov8rnanc8 Costs
2,838
1,534
14,113
7,299
2.308
300
203
473
2,838
1,534
14,113
7,299
2.308
300
254
473
5,200
1,151
13,882
17,366
1,820
254
138
2.917
9,585
2,917
9,586
8,123
13.553
41,570
61,286
61,286
Not Incom•
Net Income Is Ststed after chargingl(credlty'ng)',
2024
2023
D8pr8cl8tlon of tanglbla fixed 8888ts
203
254
10. 8taff c08t8
The average head count of omploye68 during th8 year wa8 1 (2023,, 1). The average number of
full-tlme equlvalent employees durlng tho year io analyaed a8 follow8:
2024
No.
2023
No.
Number of staff
No employee recelved employee beneflts of more than £80,000 durlng the year (2024: NII).
12

Holsworthy Memorial Hall Limited
Company Limited by Guarantee
Notes to the Financlal Statements (¢ontlnuod)
Year ended 30 June 2024
11. Trusteo remuneratlon and expenses
No remuneration or other benefits from employment with the charity or a rèlated 8ntity were
received by the trustees.
No trustee expenses were incurred during the year.
12. Tanglblo flxed assets
Freehold
propety Equipment
Totsl
Cost
At 1 July 2022 and 30 Juno 2023
Depreclatlon
At 1 July 2023
Charge for the year
At 30 Juno 2024
673,862
77,698
751,560
68,448
76,681
203
145,129
203
68,448
76,884
145,332
Carrylng amount
At 30 Jun• 2024
605,414
814
606,228
At 30 June 2023
605,414
1,017
606,431
13. Stock8
2024
2023
Raw materials and consumables
2,000
14. Debtors
2024
2023
Other debton8
115
15. Credltors: amounts falllng due wlthln one year
2024
2023
Bank108ns and overdrafts
Accruals and deferred income
Social security and other taxes
15,000
4,243
10,000
2,983
19,243
12,983
13

Holsworthy Memorlal Hall Limited
Company Llmlted by Guarantee
Notes to the Financial Statements (eontlnu•d)
Year ended 30 June 2024
16. Governmgnt grants
The amounts recognised in the financial Statements for govemmont grants are as follows:
2024
2023
Recognlsed in Income from donatlons and18gacies:
Government grants income
23,600
12,333
17. Analysls of Gharltablo fund8
Unrn•trfctod funds
At
Income Expendlture 30 Juno 2024
At 1 July 2023
General fund8
103,550
55,185
(34.068)
124.687
At
Income Expendlture 30 June 2023
Al 1 July 2022
General funds
98,722
48,494
<43,668)
103,550
R•strlctsd fundg
At
Income Expendlture 30 Juno 2024
At 1 July 2023
Restrfcted Fund
496,985
(7,502)
489,483
At
Income Expenditure 30 June 2023
At 1July 2022
Restrlcted Fund
514,605
(17,620)
496,985
Restrictèd funds are for the bullding and refurtjishmenl of the hall.
14

Holsworthy Memorial Hall Limited
Company Limited by Guarantee
Notes to the Flnancial Statements (contlnued)
Year ended 30 June 2024
18. Analysls of net assets between funds
Unrestrlcted
Funds
Restricted Total Funds
Funds
2024
Tangible fixed assets
Current assets
Creditors less than 1 year
92,826
27,166
(19,243)
489,483
582.309
27,166
(19,243)
Net assets
100,749
489,483
590,232
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Tangible fixed assets
Currenl assets
Creditors less than 1 year
98,722
7,087
(12.983)
496,985
595,707
7,087
{12,983)
Net assets
92,826
496,985
589,811
19. Related partles
There were no related party transactions during the year.
15