**Charity Number: 1113522**
**Unaudited Trustees’ Report and Financial Statements for the Year Ended 31 March 2022 for Chartham Village Hall Management Committee**
**Chartham Village Hall Management**
**Committee**
## **Contents of the Financial Statements for the Year Ended 31 March 2022**
||**Page**|
|---|---|
|**Charity Information**|1|
|**Trustees’ Report**|2|
|**Income & Expenditure Report**|3|
|**Balance Sheet**|4|
|**Notes to the Accounts**|5-6|
|**Detailed Income & Expenditure Report**|
7|
**Chartham Village Hall Management Committee**
## **Company Information for the Year Ended 31 March 2022**
**TRUSTEES:** C Manning C Sims S Dungay **REGISTERED OFFICE:** 81 Rentain Road Chartham Canterbury Kent CT4 7JJ **CHARITY REGISTERED NUMBER:** 1113522 **ACCOUNTANTS:** A.K & Co (Accountancy Services) Ltd 19 Victoria Terrace Hove East Sussex BN3 2WB
Page 1
**Chartham Village Hall Management Committee**
## **Trustees’ Report**
## **for the Year Ended 31 March 2022**
The Trustees present their annual report together with the financial statement of the Charity for the period 1 April 2021 to 31 March 2022. The Trustees confirm that the Annual report and financial statement of the charity comply with the current statutory requirements, the requirements of the charities governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
There were no changes in any structure, governance and management for the period ended 31 March 2022.
## **OBJECTIVE AND ACTIVITIES**
The Charity's activities during the year in line with its governing documents were:
For income to be applied for the purposes of a village hall for the use of the inhabitants of the parish of Chartham, without distinction of sex, sexual orientation, age, disability, nationality, race or political, religious or other opinions, including the use of property for meetings, lectures and classes of other forms of recreation and leisure, in the interests of social welfare and with the object of improving the conditions of life for the said inhabitants.
## **FINANCIAL REVIEW**
## **Reserves policy**
The trustees have reviewed the reserves of the charity, and have deemed no change is required.
## **Future plans**
The charity intended to continue operating towards the aims and objectives stated above, in line with those set out in the charity governing documents.
## **Statement of trustees' responsibilities**
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of charity and of the incoming resources and application of resources of the charity for that year.
In preparing these financial statements the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees’ annual report was approved on ………………………………….. and signed on behalf of the board of trustees by:
...................................................................... Trustee
Page 2
## **Chartham Village Hall Management Committee**
|**INCOME**
Direct costs
**SURPLUS/(DEFICIT)**
Administrative expenses
**SURPLUS/(DEFICIT)FOR THE**
**FINANCIAL YEAR**|**Income Statement**
**for the Year Ended 31 March 2022**
2022
Notes
£
46,372
4,485
41,887
32,841
9,046|2021
£
27,689
4,202
23,487
30,556
(7,069)|
|---|---|---|
||Notes||
The notes form part of these financial statements
Page 3
## **Chartham Village Hall Management Committee (Registered number: 1113522)**
## **Balance Sheet 31 March 2022**
|Notes
**FIXED ASSETS**
Tangible assets
4
**CURRENT ASSETS**
Cash at bank
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**RESERVES**
Excess of Receipts over Payments
5|2022
£
28,133|£
2,905
28,133
31,038
31,038
31,038|2021
£
21,992|£
-
21,992
21,992
21,992
21,992|
|---|---|---|---|---|
The financial statements were approved by the trustees’ and authorised for issue on ............................................. and were signed by:
........................................................................ Trustee
The notes form part of these financial statements
Page 4
**Chartham Village Hall Management Committee**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## 1. **STATUTORY INFORMATION**
Chartham Village Hall Management Committee is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
## 2. **ACCOUNTING POLICIES**
## **Statement of Compliance**
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and 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 (FRS 102) (Charities SORP (FRS 102)).
## **Basis of Preparation**
These financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
## **Going Concern**
There are no material uncertainties regarding the charity’s ability to continue.
## **Income**
Income is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc
- 20% on cost
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
## 3. **TRUSTEES’ REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2022.
continued...
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**Committee**
## **Chartham Village Hall Management**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022**
## 4. **TANGIBLE FIXED ASSETS**
|4.|**TANGIBLE FIXED ASSETS**||
|---|---|---|
|||Fixtures|
|||and|
|||fittings|
|||£|
||**COST**||
||Additions|3,631|
||At 31 March 2022|3,631|
||**DEPRECIATION**||
||Charge for year|726|
||At 31 March 2022|726|
||**NET BOOK VALUE**||
||At 31 March 2022|2,905|
|5.|**RECEIPTS & PAYMENTS ACCOUNT**||
|||Surplus/(Deficit)|
|||£|
||At 1 April 2021|21,992|
||Profit for the year|9,046|
||At 31 March 2022|31,038|
Page 6
## **Chartham Village Hall Management**
## **Committee**
## **Chartham Village Hall Management Committee**
|**Trading and Profit and Loss Account**
**for the Year Ended 31 March 2022**
2022
£
£
**Income Received**
46,372
**Direct Costs**
Deposit Returns
4,485
**GROSS SURPLUS/(DEFICIT)**
41,887
**Administrative Expenditure**
Utilities
9,620
Insurance
1,832
Telephone
850
Hall Maintenance
12,684
Cleaning and Waste
6,329
Sundry expenses
5
Accountancy
265
Subscriptions
530
32,115
9,772
**Depreciation**
Fixtures and fittings
726
**NET SURPLUS/(DEFICIT) FOR THE YEAR**
9,046|2021
£
15,126
-
709
9,597
3,745
895
260
224|£
27,689
4,202
23,487
30,556
(7,069)
-
(7,069)|
|---|---|---|
This page does not form part of the statutory financial statements
Page 7