REGISTERED COPthPANY NUMBER: 05626786 (England and Wales) REGISTERED CHARITY NUMBER: .1113033 ort of the Trustees and Unaudited Financlal Statements tQL1boded 31 December 2024 Emersons Green Villa e Hall Monahans Chartered Accountants Hemies House Flre Fly Avenue Swndon Willshire SN2 2GA
Emprson5 Green Villa e Hall Contents of the Financial Statemeiits for the Year Ended 31 December 2024 Page Report of the Trustees 1 tr) 3 Independent Examiner's Report statement of FiDanclal Activiti&s Balance Sheet Notes to the FlnanGlal Statèments 7 to 11 Detailed Statement of Flnan¢lal Actlvltles 12
Emersons tsreen Villa e14all Re orl of the"frustee5 forthe l'ear Ended 31 December 2024 INTRODUCTION The Trustees of Emersons Green Village Hall ("Ihe Charilv), who are also Dlreclors of th8 Charity for Ihe purposes of the Companies Act 2006. are proud lo present their report wiu) the financial statemonls Df the Charily for the year ended 31 sl December 2024. The Trustees have adopted tlie provisions of Accounting and Reporting by Charities.. Slalemenl of Rècommend8d Pracliee ("SORP") aPIcable lo charities preparing their accounts in accordance wlh the Financial Reporting Standard applicable in Ihe UK and Republic of Ireiand I'FRS 102") leffeclive 1 January 2019)- OBJECTIVES AND ACTIVITIES Objectives and alms The Charitls objectives ar8: 1. To promot8 and provlde for local inhabitants. facilities for recreation or leisure aclivi1165 with the aim of advancing education and Improving the condition of lile. The faciliues are provided in the inler8sl of swal welfare 8nd are available for anybody needing them., and 2. To secur8, maintain and manage the Vlllage Hall {co-operating with the local 5t81ulory aulhorSty1 for aclivilles promoted by Emersons Green Village Hall in furtherance of the above. The Charity has the general aim of conlribuling lo Ihe quality of life of local people and organisalions. Slgniflcant actlvlties The princlpal activity of the Charity Is the maintenance and managemenl of Emersons Green Village Hall. Publlc ban•fil We have referred to the guidance contained in the Charity Commlssion's gener81 guidance on public beneflt when revieng our aims and obleclives and in plannlng fulure aclivilles. Emerson Green Villag8 Hall provides a wlde range of acllvities and events for Ioc81 residenls and visitors lo our area. We also have a Dlscounls Pollcy, which includes a subsidy for charilies hiring our facililies, with the aim of ensurln9 Ihal Emersons Gre8n Vlllage Hall romalns accessible lo all. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document Emersons Green Village Hall is a company limited by guarantee, Incorporated on 17 November 2005, and a charity registered with the Charity Commission for England and Wales on 20 FebNary 2006. The company was eslabll8hed under a Merrborandum ol Association and Is govemed by its Articleg of Associallon. In the event of the charlly b8ing dissolved. Membeis. liability Is Ilmiled lo a sum of £10. The Operational Slaff report lo Ihe Board of Trustees, with th8 Chair of Trustees belng the line manager for the senior lead8rship leam of the Operational Staff. The Op8rallonal Staff is responsible for carrying out 8118reas of the Charity's aclivilles. REFERENCE AND ADMINISTRATIVE DETAILS Regislèred Company number 05626786 (England and Wales) Reglstered Charlty number 1113033 Registored office Emer8ons Green Vlllage Hall Emersons Way Emersons Green Bristol Soulh Gtos BS16 7AP Trustegs B K Aheer Senior Manager {resigned 25.7.24) T Cannon IT Direclor Mrs D ClaTk Housewife L A Hammond Self-Employed - Company Dlre¢lor M Downes lappolnled 18.1.24) S Smart (resigned 31.1.241 Dr C E Ruggiero lappoinled 26.6.241 Mrs C Lombardo {appointed 11.7.24} {r8signed 17.5.25) Company Secretary Ms M Sparano Page 1
ErnerOI7$ (*reen Villa e14all Re ort of the Trus("ees lor the Yeai. Elided 31 Decemboi. ?.024 REfiREN¢E ANI) ADMINISTRATIVE DETAILS Independent Fxaminor Monahans Chartered Accounlanls Hermes House Fire Fty Aveiiue Swindon Willshire SN2 2GA FINANCES Performance In 2024 The Charity made 8 profil of £2,077 in 2024. which is an Immense improvemenl on the deficit in 2023. The Trustees and the Op8rational Slarf worked collaboraliv8ly to achieve this and Ilie Board of Truslees would lil(e to thank our Operallonal Staff for Ihelr contributn lo this imwessive resull. S5nklng Fund The Charity leases the bullding and our landlord requwes us to keep £50.fy)O as a Sinking Fund, referred to 88 a Dilapidallon Res8Ne In our accounts, al all limes. ReseNes The Trusle8s have sel a ReseNes Policy. which Is revlewed regulatly. Our Re50Nes Policy requires us lo ke8p SIX months of governance and operalional cosls In reserve. This amounled to £90.00010 £110,000 during 2024. Th8 Trustees identified a surplus in our Iree reserves of £18.136 al the end of 2024 and have eaTmarked this for Increased staff cosls, digital alterallons and renewal of fixlur8s, fittings and furnlshings wlhin our faclllty during 2025. As the Increase in staff costs also incr8ases the amounl which we are required lo keep in reseN8, duo to this boing included in our operational costs, the Twslees have amended the band of figures 8qualling slx monlhs, of governance and operational cosls lo £100,000 to £120,000 in our Reserves Policy for 2025. Racognltlon of Our Volunteers, Partners, Stakeholders and Supporters The Board of Tfustees Tecognises Ih81 the work of Emersons Green Village Hall Is only possible becauso of the d8dlcailon from ils Trustees and Operational Siaff. W& particularly appreci8le our volunlears, whelher they serye on the Board of Trustees or a$sisl our Charity operationally. The Trustees ar6 grateful for the inpul and donations received from Individuals and organlsations, which halp us to remain al Ihg heart of the communily. We were espe(aally pleased with the quality and quanllty of responses lo our Communlly SUeY Ihls year. The Tnjslees value our partnerships wilh other anisatIOnS In the local area, whether11 Is co-producing activllies with us,. subsidising events fun by us. cross-markgllng with us: or prowding support lo us. We wish lo express our gralilud8 specifically lo Cool V8nlures, Downgnd Round Tabte, Emgrsons Green Town Council, Fair Collectiv8, Hays, Inclusive Chan9e CIG, South Glos Parent Carers CIC aThJ Soulh Glouceslershire Council this year. The Ttusl888 are honoured Ihal Emersons Green Town Council selected us as a provlder of se¥vlces it commisslons In th8 local area during 2024. We continue lo enjoy a co51aboralive and construcllve working relationship with them, bolh for this specific purpose and In the vder sense. Thank you to our volunteers, partners, stakeholders and 8UPPOrters for your eA)nlributions to Emersons Gre8n Vlllage Hall, Pa2
CnTreisun (sreeii Vi15age Hall rie )..ort of the Trustees for (he Year fiided 31 Deceinber 2024 IlfFFREFklCE AND ADMINlQJl-RATIVF L)EI AILS Conclusloii Emersons Gr8en Village H211 made significant progress in 2024, boih financially in turning the 2023 deflcil into a profit and in our aim lo be al the heart of Ihe comffiunity Ihfough our Objects. We will seek to build on this SUCSS and are excited for our futstre. Approved by order of Ihe board of twslees on ............. .. . and signed on its behalf by.. Mrs ti Cl8rk- Trustee Page 3
Inde endent Exaininer's Re ri lo É"lie.-frustees of Lniersons Green Villa e klall Independent examiner's report to tha trustees of Fmersons Greeii Village14all ('the Company'l report lo the charity trustees on my examinatK)n of the accounis of the Company for tlie year ended 31 December 2024. Responsibllities and bas15 of raport As Ihe charity's Iruslees of Ihe Company (2nd also rl8 directors for the purw)ses of company law) you are iesponsible for the preparation of the accounts in accordance with Ihe reqltriremenls of the Companies Acl 20061'lhe 2006 Acl'l. Havlng satisfied myself that the accounts of the Company are nol required to be audited under Part 16 of the 2006 Act and are eligible for independenl examination, I report in respect of my examination of your charity's acGounls as carried oul under Section 145 of the Charilies Acl 2011 ('Ihe 2011 Acf). In carrying oul my 8xamlnalion I have followed the Directions given by the Charity Commlssion under Section 145{51 (bl of tlie 2011 Act. Independent examine¢s statement I have compleled my examination. l (x)nfimi Ihat no matters have come to my attention in connoclion with Ihe examination giving Me cause to believe: accounllng records Vre not kept in respect of Ihe Company as required by Secuon 386 of the 2006 Act. or th8 accounts do nol accord wilh those records., or the accounts do not Comply with the accounting requirements of Section 396 of the 2006 Act other than any requlremenl that the accounts give a ttve and falr view whith is not a maller ¢onsidered as part of an Independent examin81ion' or the accounis have not been prepared in accordance wlh Ihe melhcrfjs and principl8s of the Slalemenl of Recommended Praciiee for accounling and reporting by charilles (appllcable lo charities preparing Ihelr accounts in acGordance with the Flnancial R8POrting Standard ap1¢able In th8 UK and R8publl¢ of Ireland (FRS 102)). I h8v& no concerns and have come across no other matters in connection wllh the examlnalion to whSch attenllon should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. R Branch Monahans Chartered Accounlanis Hermes House Flre Fly Avenu8 Swindon Willshlre SN2 2GA Dale.. .,.,. Page 4
Fmersons Green Villa e Hall statement of Financial Activities Ytsr tlie Yea). F.rided 3 1 r)ecet¥iher 2.024 2024 Tol81 fijnds 2023 Total funds Unrestrt¢ied ftjnds Restricted funds Noles INCOMk AND fNDOWMENTS FROM Donations and legacios 16,892 26,272 4,794 Room hire aclivllies Other income 144.587 6.696 144,587 6.696 128,624 2,973 Total 168,175 177.555 136,391 FXPENDITURE ON RaSsing funds 28,106 28,1Q6 23,769 CharStable acllvltles Hall running cosis 137.992 9.380 147,372 132,862 Total 166.098 9,380 175,478 156,631 NET INCOMEI{EXPENDITURE) 2,077 2,077 120,240) RECONCILIATION OF FUNDS Total funds brought forward 184.370 184.370 204,610 TOTAL FUNDS CARRIED FORWARD 186,447 186,447 184.370 The notes fomi part of these finanrial statements Page 5
lnerV017S lireeii ljllla e I i¢LII lJalancL oheet 31 ljeceniljer ?O?J 2024 Total funds 2023 Total ftjiids Unrestricted funds Reslrlcled funds Noles IXED ASSETS Tangible assels 9.080 9,080 9,633 CURRENT ASSETS Stocks Debloi% Cash al b8nk 501 14,673 178,136 501 14,673 178,136 461 13,984 200.000 193,310 193,310 214,445 CREDITORS Amounts f8lling due within one year 10 <15,9431 {15,943) {39,7081 NET CURRENT ASSETS 177,367 177,367 174.737 TOTAL ASSETS LESS CURRENT LIABILITIES 186,447 186,447 184,370 NET ASSETS 186,447 186,447 184,370 FUNDS Unrestricted funds 11 186,447 184,370 TOTAL FUNDS 186.447 184.370 The charitable company is 8ntllled to exemption frc*n audit under Section 477 of the Compani&s Act 2006 for th& year ended 31 December 2024. The members have not required lh8 company lo oblaln an audit of its finan(aal slalemenls for the year ended 31 December 2024 In accordance wilh Seclion 476 of the Companies Act 216. The trustees acknowledge Ihelr responslbllities for 181 ensuring that the charitable company keeps accounting records that comply wllh Secllons 386 and 387 of (he Companies Act 2006 and prepadng financlal slalemenls whlch giv8 8 Irue and fair vW of Iha slat8 of aff8iTS of the charitable company a8 at the end of each financlal year and of ils suiplus or deficll for each financial year In accordance with the requiromenls of Sections 394 and 395 and which olherwlse comply with the requirements of Ihe Companles AGI 2006 relating lo financlal slalemenls, so far as applicable to the charitable company. Those financial statemen15 have been wepared h accordan with the provlsions appllcable lo charilable companies subjecl lo the small companies regime. The flnancial statements were approved by Ihe Board of Trustees and authori8od for Issue E..J.kM....Z¢Jts. and were signed on its behalf by: (bl on rk rustee The noles form part of Ihese financial slatements P8ge 6
mersons Green Villa e l-lall Notes to the financial .Statements IOI. Éhe Year Ended 31 December 2074 ACCOUNTING POLICIES Basis of preparing tlie financial sfatements The financial statements ol the charitable company. which 15 3 public benefil 6ntity under FRS .1 02, have been prepared In accordance with th& Charities SORP IFRS 1021 'Accounling and Reporting by Charilles.. Slal8menl of Recommended Practice applicab18 to charilieg preparing their accounts in accordance wllh the Flnancial Reporting Standard applicablg in Ihe UK and Republic of Ireland IFRS 102) leffecllve 1 January 2019),, Finandal Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and Ihe Companies Act 2006. The financial statements have been prepad under the hislorical cost convenllon. Income All income is recognised in the Slalemenl of Financial Activilies once the charity has enlillemenl to the funds, il is probable that the income w511 be received and Ihe afflounl can be measured reliably. Expendlture Liabilities ar8 recognised as expendilure as SODn as the is a legal or constwctive obllg81ion commiltlng the charity lo that expendilure, il ss probable Ihal a Iransfor of econom1¢ benefits will be required in sottlemenl and the amounl of the obligation can b8 measured reliably. Expenditure is accwnled for on an 8ccruals basis and has be8n classified under headings Ihal aggregat& all cost related to the calegory. Where costs cannot be directly altribuled io particular headings they have been allocated lo activilies on 8 basis conslstent wllh the u88 of resources. Tanglble flxed assets Depreciation Is provided al the following annual ral8s In order lo wrlle off each asset over Its estlmaled useful Fixtures and fittings 25% on reducing balance Stocks Stocks are valued al the lower of cost and n81 realisablo value. after making due allowanc£ for obsolete and Slow moving Items. Taxatlon The charity Is exempl from COOratIOn lax on Its Charitable aclivilies. Fund accountlng Unrestricted funds can be used In accordance wilh the charilabla oblectives at the discrellon of the Iruslees. Restricted funds can only be used for partlcular reslrfcted Purposes within Ihe objects of ihe charfty. R8StrfGllons arfse when speclfied by the donor then funds are raised lor particular restricted purpos&s. Further explanallon of the naturè and purpose ol each fund Is included in Ihè notes to the financial statements. Pension costs and olh8r post-retirement benoflts The charitab18 company operal8s a defined contributlon penslon scheme. Contribullons paydble lo the charitable companvs pension schem8 are charged lo the Slatemenl of FlnÈncial Acknvilies in Ihe period to whlch they relate. ROOM HIRE ACTivmES 2024 2023 Fundralsing events Gen8ral income 21,549 123,038 24,265 104,359 144,587 128,624 Page 7 continued...
EmerafOMS Grpen Villa Notes to the Financial &taternenfr - continued %orthe Year fnded 31 13ecembei- ?.014 NEf INCOMIIIEJ(PLNt)IjRE) Nel ineomejlexpendllure) is slated after chargingl{crediling): 2024 2023 Depreciallon - owned ass81s 2.774 3,003 TRUSTEES, REMUNERATION AND BENEFITS There were no Iruslees, remuneralh)n or olher benefils for the year ended 31 December 2024 nor for the year ended 31 December 2023. Trustees. expenses There were no Iruslees, expense5 paid lor the year end 31 December 2024 nor for the year ended 31 December 2023. STAFF COSTS The average monlhly number of employe8s during the year was as follows.. 2024 10 2023 General No employees received emoluments In excess of £60,O¢J). COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unresldcled fijnds Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 4.794 4,794 Room hire acliwties Other income 128,624 2,973 128,624 2,973 Total 131,597 4,794 136.391 EXPENDITURE ON RalsSng funds 23.769 23,769 Charllable aGtlvltles Hall wnning costs 128,068 4.794 132,862 Total 151,837 4,794 156,631 NET INCOMEIIEXPENDITUREI (20,2401 {20,2401 RECONCILIATION OF FUNDS Total funds broughl foTh¥ard 204.610 204,610 TOTAL FUNDS CARRIED FORWARD 184.370 184.370 Page 8 continued...
eOn$ (Jreen Villa e Hall Note- to the Flnancialo Vtatementc . r.ontinu@d foi. the Year Li)ded 31_i)ecemL)oi' ?0_23, "rANGIBLf FIXFD AoSL-r.-. Fixtures and fillings COST Al 1 January 2024 Additions 34,468 2,221 Al 31 December 2024 36,689 DEPRECIATION Al 1 January 2024 Charge for year 24,835 2,774 At 31 December 2024 27,609 NET BOOK VALUE Al 31 December 2024 9,080 Al 31 December 2023 9,633 STOCKS 2024 2023 Stocks 501 461 DEBTORS,. AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors Other debtors Prepayments and accrued Income 5,907 46 8,720 5,730 8,254 14.673 13,984 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Tr8de credllors Social security and other taxes VAT Other creditors Accrued expenses 1,666 7,399 971 2,859 6,574 21,905 4.055 1,317 8,905 15,943 39,708 MOVEMENT IN FUNDS Not movemer)I In funds Transfers b8tween funds Al 31.12.24 Al1.1.24 Unrestrlcted funds General fund Developm8nl fund Dilapldatlon re5ervg 67,555 67,615 49.200 2.077 1800} 68,832 67,615 50,000 184,370 2,077 186,447 TOTAL FUNDS 184.370 2,077 186,447 Page 9 i))nlinued...
Emerson L3reen Villa e14all 14otes to the financial Statements - continued_ f.or the Yedr Ended 31 Deceiber 2024 MOVEMENT IN FUNDS - continued Nel movement in funds, induded in the aEK)ve are a5 follows.. Incoming resources Resources expénded Movement in funds Unrestricted funds General fund 168.175 (166.0981 2.077 Restrlcted funds Hall fl[r repair (9,3801 TOTAL FUNDS 177,555 {175,478) 2.077 Comparatlves for movement In funds Net movem8DI In funds Transfers belween funds Al 31.12.23 A11.1.23 Unrestrlctèd funds G8neral fund Development fund Dilapidation reserye 17,844 137,566 49.200 (20,2241 69,952 {69,952} 67,572 67,614 49,184 {16} 204.610 (20,240) 184,370 TOTAL FUNDS 204,610 (20,240) 184,370 Comparatlve nel movement in funds, included in the above are as folbws: Incnming resourcès R&sourc8S expended Movemenl in funds Unrastrlcted funds Genoral fund Dllapidation Te5eNe 131,597 1151,821 } (16) (20,2241 {16) 131.597 (151,8371 (20,240) Restricted fund5 Boiler and Healing Upgrada5 Health and Safety lrnprovements 1,825 2,969 11,825) 12,969} 4,794 {4,794) TOTAL FUNDS 136,391 (156,6311 {20,2401 Page 10 continued...
Lmer-ons tsi'een Villa e l-lall Notes to tlie l-inan¢ial Statemeiits - continued for the Year l-nded J1 Deceinbei. 2024 MOVEMENI- IN fuNDo - contlnued A current year 12 months aiid prior year 12 months combined position is as follows.. Net movemenl in funds Transfers between funds Al 31.12.24 At1.1.23 Unrestricted funds General fund Development fund Dilapidation reserve 17.844 137,566 49.200 (18,147) 69,152 (69,9521 800 68,849 67,614 49,984 (161 204,610 (18,1631 186.447 TOTAL FUNDS 204,610 {18,163) 186,447 A current year 12 months and prior year 12 months comtsned not movement In funds, Included in th8 above Ère as follows- In(xJmlng Resources expended Movement in funds Unrestrlcted funds General fund Dilapidation res8Ne 299,772 (317,9191 116} 118,1471 1161 299.772 1317,935) (18.1631 Restrlcted funds Boller and Heallng Upgrades Health and Safoly Imwov6m8nts Hall floor repair 1.825 2,969 {1,8251 {2,9691 9,380 19,380) 14,174 (14,1741 TOTAL FUNDS 313,946 (332,1091 {18,1631 42. RELATED PARTY DISCLOSURES There wer8 no related party Iransacllons for ihe year ended 31 Dember 2024. Page 11
Emei-4OnS GreL4n Villa e Hall Detailed Stateinent of l=inancial Ar.tivitie- for (he Year Ended 31 December ?024 2024 2023 INCOME AND INDOIWMFNTS Donations and logaclos Glfts Grants 12,690} 28.962 4,794 26,272 4,794 Room hire activltles Fundraising events Ganeral income 21,549 123,038 24.265 104,359 144,587 128,624 OtheF income Bank interest received 6.696 2,973 Total incoming resources 177,555 138,391 EXPENDITURE Room hire actlvltles Consumables B8d d8bls Fixtures and fillings depn 25,116 216 2,774 20,516 249 3,004 28,106 23,769 Charitable a¢tlvitl8s Wages Pensions Ra18s and wa18r Insurance Light and heal 87,200 959 11711 5,307 17,463 76,702 785 2,088 4,595 18,639 L 11 Telephone Postage and slallonery General office expenses IT Expenses Repairs & malnlenance Equlpmenl malntenance and hlre Cleaning 657 398 4,853 2,167 17,652 1,703 4,260 1,427 221 3,978 2.665 12.054 978 3,699 142,448 127,831 Support costs Management Sundrias 1,352 1,197 Governance costs Independent examiners, fees Legal fees Bixikkeeping Bank charges 960 409 1,920 283 700 830 2,120 184 3.572 3,834 Total resources expgnd8d 175,478 156,631 Ngt incomel{expendhurel 2.077 (20.2401 Thls page does not form part of Ihe slatulory financial statemenls Page 12