REGISIERED COMPANY NUMBER: 06317281 {En8land and Wale5)
REGISTERED CHARITY NUMBER: 1122786
Report of the Trustees and
Unaudited Financlal Statements
for the Year Ended 31 March 2024
for
STANWICK VILLAGE HALL
Cobley Desborough
Chartered Certified Accountants
Chartered Tax Advisers
Artisans House
7 Queen5bridge
Northampton
Northamptonshire
NN4 7BF

STANWICK VILLAGE HALL
Contents of the Financial Statements
for the Year Ended 31 March 2024
Page
Report of the Trustees
Independent Examiner's Report
ststement of Financial Activities
Balance Sheet
9 to 10
Note5 to the Financial Statements
11 to 17
Detailed Statement of Financlal Activities
18 to 19

STANWICK VILLAGE HALL
Report of the Trustees
for the Year Ended 31 March 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2()J6, present
their report with the financial statements of the charity for the year ended 31 March 2024. The trustees
have adopted the provisions of Accounting and Reportin8 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 IFRS 102) {effective l January 2019).
Objertives and activities
Objectives and aims
The objectives of the charitable company are to establish and maintain a village hall for the use of the
inhabitants of the Parish of Stanwick and the surrounding area without distinction of sex, sexual
orientation, age, disability, nationality. race or political. religious or other opinions.
The village hall has been established for meetings, lectures and classes or other forms of recreation and
leisure time occupation in the interests of Social welfare and the object of improving the conditions of life
for the inhabitants of Stanwick and the surrounding areas.
Page I

STANWICK VILLAGE HALL
Report of the Trustees
for the Year Ended 31 March 2024
Objectives and activities
Significant activities and financial review
The objectives of the charitable company are stated above and the activities during the year have been
consistent with these objectives.
Activity
Occupancy levels continued to be high during the year and the hall was used daily by Stanwick Preschool
Playgroup and for a range of other activities including dance and fitness cla55es, badminton and table tennis
as well as educational and language lessons, family parties, blood donors, hand bells, a church group and
family support groups. It continued to be at the centre of whole village events such as the Christmas Fair
and Stanwick Races events. Parish Council meetings were held in the hall and the Parish Council Clerk
continued to have an office in the hall.
The Trustees are pleased to report that solar panels were installed during the year which they hope will
help with future running costs and lower the halls carbon footprint. The Trustees are grateful for the
support they received during planning and installation which included a grant from the Big Lottery.
There was a continuing focus on ensuring the hall was in good condition and routine repair5 and
maintenance wa5 carried out on a timely basis.
Firlancial review
Income for the year includes an amount of £1,000 in connection with the solar installation. The grant
received was for £IO,CK)O which is being released over ten years to match the depreciation on the panels.
Exclud ing this. hall income was slightly higher than the previous year, reflecting the increase in hire rates
which were introduced in response to the significant rise in energy costs and the fact that we hadn't
increased rates for 4 years.
Fundraising income reflected the income from quiz and cream tea events as well as our Christmas raffle
and includes ticket sales, bar and other income. Income was down on prior year due to less events and the
holding of events jointly with another village organisation. The related costs are included in expenditure.
Expenditure increased by 20Yo year on year, primarily reflecting an almost doubling in energy Costs and a
large increase in repairs and maintenance. Repairs were carried out on flooring, a new boiler and we
continued with decoration to keep the building looking good. The incidence of damage during hire has a150
increased which is disappointing. Other costs were, overall, not significantly different to the prior period,
reflecting strong management by the Trustees and Rebecc3.
Overall, we recorded a net deficit of £11,578 compared with a deficit of £5,422 in the prior year.
The Trust's cash balance reduced year on year reflecting the increased costs, expenditure on the solar panel
installation, partially offset by the grant receipt.
Green Agenda
The Trustees continue to monitor the impact of the new solar panels, and to consider other ideas as part of
their focus on reducing the carbon footprint,
Future hire rates
Page 2

STANWICK VILLAGE HALL
Report of the Trustees
for the Year Ended 31 March 2024
Objectives and activities
Having increased the hire rates for the first time in 4 years, because of the impact of the huge rise in energy
costs, the Trustees are planning to hold rates for 2024 and 2025. During this time a clearer view on the
impact of the 501ar panels will be obtained and hence the level of the ongoing cost base of the hall.
Stewardship
The Trustees continued to meet on average every month. except for the summer, and monitor hall hire
activity, finances, the physical state of the hall, the green agenda, risks and other matters,
We continue to look for other volunteers to act as new trustees to help oversee the charity for the next
decade! Please do volunteer and email or speak to the existing Trustees or Rebecca.
The Trustees appreciate the great support that Rebecca, the hall manager, provides not only to users but
also to the Trustees in using her experience and knowledge to ensure the continuing success of the hall.
Please do monitor the website WVI￿.stanwickvlIla8ehalI.0rg which provides details on forthcoming and
regular events.
Strategy and viability
The hall is a charity, and its income is from hire, fund raising events and donations. The Big Lottery Fund,
which provided the majority of the funding for building the hall. has a legal charge over the hall for 20 years
and their focus was, and remains, to ensure the building is Sustained to provide a facility to the community.
The Trustees are mindful of their responsibility to ensure the hall is available for the long term and monitor
the financial position monthly and seek to maintain adequate, but not excessive, reserves.
Reserves policy
The Trustees are mindful of the need to maintain reserves to ensure the hall is available for the longer term
and ensure, as far as p055ible, that sufficient, but not excessive, funds are accumulated and maintained to
cover future property costs which are anticipated, over time, to be significant.
In accounting terms, depreciation of the building and fixtures and fittings represents a charge to reflect the
wearing out and hence requirement for their future replacement. Over the past 13 years depreciation ha5
been cumulatively approximately £180,0(K) but the cash retained represents less than half of this amount.
This underlines the need to continue to accumulate reserves as future costs are likely to be higher than the
historic cost of items. It ts anticipated that major replacement costs will increase as the hall becomes older
and the Trustees are focused on the facility being available, and maintained, for the long term, and not
being reliant on future funding. Given this, it is anticipated that reserves will. in the short-term continue to
increase, The exception to this is expenditure on projects such as solar which will help in managing future
expenditure.
How you can help
In addition to hiring the hall and supporting events that take place in it, there are a number of ways in
which people can help support the hall and ensure its future viability is assured. Some years ago, we
introduced 'pledge an hour" to encourage people to help with small jobs around the hall, at a time to suit
themselves, which saves the hall money. This would benefit from further support.
Finally, on a personal note I would like to express my appreciation for the support of the Trustee5 and
Rebecca during these recent and ongoing challenging times. As noted above we are keen for new trustees
to come on board to help ensure the hall is available to future generations as a viable asset and a focal
point for the community.
Phil Crooks
CHAIR
Page 3

STANWICK VILLAGE HALL
Report of the Trustees
for the Year Ended 31 March 2024
Financial review
Reserves policy
It is the policy of Stanwick Village Hall to hold sufficient reserves to meet its objectives; to firstly establish
the hall and now maintain it for the inhabitants of the parish of Stanwick and the surrounding area. As
noted above, this is a long term objective and fund raising will be required to provide further reserves for
larger items of repair and maintenance in the future. It IS the policy of the charitable company to use the
money a5 laid out in its Memorandum and Articles of Association.
Structurep governance and management
Goveming document
Stanwick Village Hall is a company limited by guarantee. The company was incorporated on 18 July 2LX)7.
The company is also a registered charity, having registered with the Charity Commission on 14 February
2008. The governing documents of the charitable company are contained within the Memorandum and
Articles of A550ciation of Stanwick Village Hall.
Refe￿nce and administrative details
Registered Company number
06317281 (England and Wales)
Registered Charity number
1122786
Registered office
Spencer Parade
Stanwick
Northamptonshire
NN9 6QJ
Trustees
Mr PJ Crooks Chairman
Mrs S E Kitchener Treasurer
Mr N G Peck Vice Chairman {resigned 25.10.23)
Mr M Johnson
Ms E Lowe Secretary
Mr J H T Shearer
Company Secretary
Mr M Johnson
Independent Examiner
Cobley Desborough
Chartered Certified Accountants
Chartered Tax Advisers
Artisans, House
7 Queensbridge
Northampton
Northamptonshire
NN47BF
Page 4

STANWICK VILLAGE HALL
Report of the Trustees
for the Year Ended 31 March 2024
Approved by order of the board of trustees on 6 December 2024 and signed on its behalf by:
Mrs S E Kitchener- Trustee
Page 5

Independent Examiner's Report to the Trustees of
Stanwick Village Hall
Independent examiner's report to the trustees of Stanwick Village Hall ('the Company,)
I report to the charity trustees on my examination of the accounts of the Company for the year ended
31 March 2024.
Responsibilities and basis of report
As the charity's trustees of the Company land also it5 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
20061'the 2C(J6 Act'l.
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 exarnination, I report in respect of my examination of your
charity's accounts as 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 145151
Ib} of the 2011 Act.
Page 6

Independent Examinels Reportto the Trustees of
Stanwick Village Hall
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:
accounting records were not kept in respect of the Company as required by Section 386 of the 2Crt)6
Act: or
. the accoilnts do not accord with those records" or
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
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 Reportin8 Standard applicable in
the UK and Republic of Ireland (FRS 1021).
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in thi5 report in order to enable a proper understanding of the accounts to be
reached.
Jonathan Cobley
The Association of Chartered Certified Accountants
Cobley Desborough
Chartered Certified Accountants
Chartered Tax Advisers
Artisans, House
7 Queensbridge
Northampton
Northamptonshire
NN4 7BF
6 December 2024
Page 7

STANWICK VILLAGE HALL
Statement of Financial Activities
for the Year Ended 31 March 2024
2024
Total
funds
2023
Total
funds
Unrestricted
fund
Restricted
fund
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
42,119
42,119
38,379
Other trad ing activities
3,305
3,305
3,856
Total
45,424
45.424
42,235
EXPENDITURE ON
Charitable activities
Expenditure
47,349
9,653
57,CX)2
47,657
NEf INCOME/(EXPENDITURE)
{1,925)
(9,653)
111,578)
{5,4221
RECONCILIATION OF FUNDS
Total funds brought forward
139.369
366,794
506,163
511,585
TOTAL FUNDS CARRIED FORWARD
137,444
357,141
494,585
506,163
The notes form part of these financial statements
Page 8

STANWICK VILLAGE HALL
Balance Sheet
31 March 2024
2024
Total
funds
2023
Total
funds
Unrestricted Restricted
fund
fund
Notes
FIXED ASSETS
Tangible assets
65,260
357, 141
422,401
420,238
CURRENT ASSETS
Debtors
Cash at bank
66
85,692
66
85,692
98
90,235
85,758
85,758
90,333
CREDITORS
Amounts falling due within one year
{5,574)
15,574}
{4,408)
NET CURRENT ASSETS
80,184
80,184
85,925
TOTAL ASSETS LESS CURRENT LIABILITIES
145,444
357,141
502,585
506, 163
ACCRUALS AND DEFERRED INCOME
io
(8,(K)O)
18,0(K)}
NET ASSETS
137,444
357,141
494,585
506,163
FUNDS
Unrestricted funds
Restricted fund5
li
137,444
357.141
139.369
366,794
TOTAL FUNDS
494,585
506,163
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006
for the year ended 31 March 2024.
The members have not required the company to obtain an audit of its financial statements for the year
ended 31 March 2024 in accordance with Section 476 of the Companie5 Act 2006.
The trustees acknowledge their responsibilities for
{al
ensuring that the charitable company keeps accounting records that comply with Sections 386 and
387 of the Companies Act 2LK)6 and
preparing financial statements which give a true and fair view of the state of affairs of the charitable
company as at the end of each financial year and of its surplus or deficit for each financial year in
accordance with the requirements of Sections 394 and 395 and which other¥vise comply with the
requirements of the Companies Act 2006 relatin8 to financial statements. so far as applicable to the
charitable company.
(bl
The notes form part of t￿se financial statements
Page 9

STANWICK VILLAGE HALL
Balance Sheet- continued
31 March 2024
These financial statements have been prepared in accordance with the provisions applicable to charitable
companies subject to the Small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on
6 December 2024 and were signed on its behalf by:
V_. & L--I,
Mrs S E Kitchener- Trustee
The notes form part of these financial statements
Page 10

STANWICK VILLAGE HALL
Notes to the Financial Statements
for the Year Ended 31 March 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company. which is a public benefit entity under FRS 102,
have been prepared in accordance with the Charities SORP IFRS 1021 '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 IFRS
102} (effective l January 20191,. Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Companies Act 2CK)6. The financial statements
have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to
the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or construttive obligation
committing the charity to that expenditure, 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
accounted for on an accruals basis and has been classified under headings that aggregate all cost
related to the category. Where costs cannot be directly attributed to particular headin8S they have
been allocated to activities on a basi5 con5iSteTrt with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its
estimated useful life.
Freehold property
Fixture5 and fittings
Computer equipment
2% on cost
15% on reducing balance
33% on reducing balance
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.
The Big Lottery grant of £482.630 is being written off over 50 years in line with the freehold property
depreciation policy.
Pension costs and other FP05t-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to
the charitable company's pension scheme are charged to the Statement of Financial Activities in the
period to which they relate.
Page 11

STANWICK VILLAGE HALL
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
ACCOUNTING POLICIES- continued
Volunteer help
The value of any volunteer help received is not recorded in the accounts but any help in addition to
that given by the Trustees is described in the Trustees Report if significant.
OTHER TRADING ACtIVlTIES
2024
2023
Fundraising events
3,305
3,856
NET INCOME/(EXPENDITURE)
Net incomel{expenditure) is stated after charging/lcrediting):
2024
2023
Depreciation- owned assets
Deficit on disposal of fixed assets
12,717
12,618
130
TRUSTEES, REMUNERATION AND BENEATS
There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for
the year ended 31 March 2023.
Trustees. expenses
There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended
31 March 2023.
STAFF COSTS
The average monthly number of employees during the year was as follows:
2024
2023
Manager
No employees received emoluments in excess of £60,000.
Page 12

STANWICK VILLAGE HALL
Notes to the Financial Statements- continued
for the Year Ended 31 March 2024
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted
fund
fund
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
38,379
38,379
Other trading activities
3,856
3,856
Total
42,235
42,235
EXPENDITURE ON
Charitable activities
Expenditure
38,004
9,653
47,657
NET INCOMEI(EXPENDITURE)
4,231
{9,6531
15,4221
RECONCILIATION OF FUNDS
Total funds brought forward
135,138
376,447
511,585
TOTAL FUNDS CARRIED FORWARD
139,369
366,794
506, 163
TANGIBLE FIXED ASSETS
Fixtures
and
fittings
Freehold
property
Solar
panels
Computer
equipment
Totals
Cost
At l April 2023
Additions
537,503
52,204
1,056
590,763
14,880
14,880
At 31 March 2024
537,503
14,880
52,204
1,056
605,643
Depreciation
At l April 2023
Charge for year
128,325
10,750
41,486
1,720
714
170,525
12,717
247
At 31 March 2024
139,075
247
43,206
714
183,242
Net book value
At 31 March 2024
398,428
14,633
8,998
342
422,401
At 31 March 2023
409,178
10,718
342
420,238
Page 13

STANWICK VILLAGE HALL
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
DEBTORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR
2024
2023
Trade debtors
Prepayments
18
48
98
66
98
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Prepaid income
Trade creditors
Other creditors
Accruals and deferred income
Accrued expense5
1.090
920
230
1,0
2,334
1,090
821
121
2,376
5,574
4,408
IQ. ACCRUALS AND DEFERRED INCOME
2024
2023
Accruals and deferred income
8,0￿)
11. MOVEMENT IN FUNDS
Net
movement
in funds
At
31.3.24
At 1.4.23
Unrestricted funds
General fund
139,369
(1,925}
137,444
Restricted funds
Big lottery grant
366.794
(9,6531
357,141
TOTAL FUNDS
506,163
(11,578)
494,585
Page 14

STANWICK VILLAGE HALL
Notes to the Financial Statements- continued
for the Year Ended 31 March 2024
11. MOVEMENT IN FUNDS- continued
Net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestrlcted fund5
General fund
45,424
147,349)
11,9251
Restricted funds
Big lottery grant
19,6531
{9,653}
TOTAL FUNDS
45.424
(57,0021
111,578)
Comparatives for movement in funds
Net
movement
in funds
At
31.3.23
At 1.4.22
Unrestrlcted funds
General fund
135,138
4,231
139,369
Restricted funds
Big lottery grant
376,447
19,6531
366,794
TOTAL FUNDS
511,585
15,4221
506,163
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestrlcted funds
General fund
42,235
138,004)
4,231
Restricted funds
Big lottery grant
19,6531
19,6531
TOTAL FUNDS
42,235
147,6571
15,4221
Page 15

STANWICK VILLAGE HALL
Notes to the Financial Statements- continued
for the Year Ended 31 March 2024
ii.
MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
in funds
At
31.3.24
At 1.4.22
Unrestricted funds
General fund
135,138
2.306
137,444
Restricted funds
Big lottery grant
376,447
(19,306)
357,141
TOTAL FUNDS
511,585
(17,000)
494,585
A current year 12 months and prior year 12 months combined net movement in funds, included in
the above are as follows:
Incoming
resources
Resources
xpended
Movement
in funds
Unrestricted funds
General fund
87,659
(85,353)
2,306
Restrlcted funds
Big lottery grant
(19,306)
119.306)
TOTAL FUNDS
87,659
1104,659)
117,IX)O)
Restricted Funds
Grants received from The Big Lottery are restricted funds for 20 years and during this period the Big
Lottery has a legal charge over the property.
Page 16

STANWICK VILLAGE HALL
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024.
13.
DEFERRED INCOME
A grant was received for £lO,tMJO to be used towards the purchase of 501ar panels acquired in the
year. The solar panels are being depreciated over their estimated useful life of 10 year5 and in line
with this the grant is also being released over 10 years. £1,000 is reflected in deferred income fallin8
due in one year and £8,000 15 shown in deferred income falling due in more than one year.
Page 17

STANWICK VILLAGE HALL
Detailed Statement of Financial Activities
for the Year Ended 31 March 2024
2024
2023
INCOME ANO ENDOWMENTS
Donations and legacies
Charitable donations
Grants
Hall and room hire
389
1,000
40.730
347
38,032
42,119
38,379
Other trading artivitles
Fund raising events
3,305
3,856
Totsl incoming resources
45,424
42,235
EXPENDITURE
Charitable activities
Manager salary
Pensions
Premises licence cost
Insurance
Gas, electricity and water
Telephone
Post, stationery and computer consumables
General expenses
Subscriptions
Repairs and maintenance
Cleaning
Contract services
Website costs
Fund raising expenses
Freehold property depreciation
Depn of solar panels
Fixtures & fittings depreciation
Computer equipment
11,803
162
180
2,021
12,028
999
452
221
462
8,947
2,615
1,717
360
1,292
10,750
247
1,606
114
10,302
117
180
1,917
6,276
894
485
245
814
6,341
3,001
1,346
180
1,796
10,750
1,767
102
55,976
46,513
Support costs
This pa8e does not form part of the statutory financial statements
Pa8e 18

STANWICK VILLAGE HALL
Detailed Statement of Financial Activities
for the Year Ended 31 March 2024
2024
2023
Support costs
Finance
Loss on sale of tangible fixed assets
130
Governance costs
Accountancy and legal fees
1,026
1,014
Total resources expended
57,002
47,657
Net expenditure
(11,578)
15,4221
This page does not form part of the 5tatutory.financial statements
Page 19