REGISTERED COMPANY NUMBER.. 07452865 (England and Wales1 REGISTERED CHARITY NUMHER: 1139957 REPORTOF THETRUSTEES AND UNAUDITED FINANCIAL STATEMENT FOR THE YEAR ENDED 30JU E 2025 FOR wrrHAM PUBLIC HALL T UST LIMITED Baversto¢ks Chai'iered AG¢ountanls Diektt)g House Guithavon Strect Witham Essex CM8 IBJ
WITHAM PUBLIC HALL TRUST LIMITED CONTENTS OFTHE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 Page Report of the Trustees Ito5 Independent Exarniner'5 Report ststemEnt of Financial Actwities Balance Sheet 8t09 Notes to the Flnanclal Statements IOto13
WITHAM PUBLIC HALL TRUST LIMITED REPORT OF THE TRUSTEES FOR THEYEARENDED30JUNE2025 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity ltsr the year ended 30 June 2025. The trustees have adopted the provisions of the Statement of Recornmended Practice.. Accounting and Reporting by Charities preparin8 their accounts in accordance with the Financi21 Reporting Standard applicable in the UK and Republic of Ireland IFR51021 issued on 16 July 2014 in preparing the annual report and financial statements of the Charity. REFERENCE AND ADMINisfRATFVE DETAILS ReElstered Company number 07452865 (England 2nd Wales) Registered Charity number 1139957 ReElstered office The Public Hall Collingwood RId Witham Essex CM8 2DY Trustees S P Adkins T Cole B J Fleet G Groon D Beardwell JLee G Peters Director ICh3irman of the Board) Directr)r Director Director DirEttor DirÈctor Director Independent examiner Baver5tock5 Chartered Certified Accountsnts Dicken5 House Guithavon Street Witham Essex Cld8 IBJ Bankers Co-operative Bank Webslte wwrf.withampublichall.co.uk Page I
WITHAM P HALL TRLIST LIMITED REPORT OFT ETRUSTEE FOR THEYEAR ENDED30JUNE2025 STRucfuRE, GOVERNANCE AND MANAGEMENT H15toiy and constitutlon DIscu55ions between Br8intree Dlstrictcouncil and representatives of With2m Amateuroperatic Society, Witham Operatic Workshop and With2m Drarnatlc Club be88n late 2008 when it was first mooted that, in li¢)e with the Braintree District Coiincil long terffl plan, the running ol Witham Public Hall and other H311s owned by Braintree Di5tri¢t Council could be outsourced to group5 of interested parties. A5 a result, a small group was put together representing four of the major users of the Hall under the name Witham Theatre Associ3tion. In 2010 this becam¢ Witham Public Hall Trust Limited In order to reflect a more inclusive and community-wlde approach. Following a period of ionsultation and the 35slstsnce of Pa1 Conway of Conway, FieldingÈnd GOgh laccountantsland Chris Haywood of Brightand Sons1501icitorsl, a company limited by guarantee (Company RegIratiOn No. 74528651 was incorporated in England on 29 November 2010 to lacilit3te the takeover of the day-to-day management of the H311 on a not-for"profit basis. The Company was registered 1th the aiarity Commlssion on 20 January 2011 (Charity Registration No. 11399571. A Business Plan was prepared and after much discussion was sutimitted and approved by Braintree District Councll. Since Wltham Public Hall Trust Limited, under the Management of Brair)tree District Council, had operating costs excpÉdinB venue5 by appiu%mately £20,000 it was forec35t th5n the Business Plan that the Trustocs wtsuld rieed three years to turn around the losses and achieve sustsinability on an operating basis. However, it wa5 a150 agreed that a truly sustainable business would need to have adequate reserves for unexpected eventualities and that Withattt Public Hall Trust Lim1ted would not be in a position to set aside such reserves for many years. Discussions with Braintree Dlstrlct Council continued throughout2011 until 2 Lease Agreement, granting Witham Public Hall Trust Ltd 3 25 year lease to run Witham Public Hall, was signed on 16 September 2011. A b2nk account was set up under the. nxme Witham Public Hall Trust Llmited and company incorporation costs and miscellaneou5 Other pre-trading expenses were met by dollations frotn With2m Amateur Oper3tlc Society and Witham Dramatic Club. Those donations were subsequently commuted into rnembership fees for the fivst year ol trading. Braintree District Council granted Wltham Publlc Hall Trust Limited thesurn of £11,500 towards utilities expenses in Its lirstye3r and togethe¥ with the licence fee from the Citizens Advice Bureau. which occupies several rootns in the bulldln8S adjacent to the Main Hall, this served as worting c8Pltal from Witham Public Hall Trust Limited. A further £3,000 was granted to Witham Public Hall Trust Limlted towards start-up costs 3nd this was all 5P2nt on IT equipment, website development, Stationery, and maiketiTrg. Formal tradlng of Withatn Publit Hall Trust Lirnited began on 16 September 2011 and Wltham Public Hall Trust Limlted booked all cdsts and revenues associated with running Witham Public Hall from that date. An employment contract was agreed wrth the caret2ker and PAYE and Natlonal Insurance details were duly regi5ttred with HMRC. All tommeicial contracts for utilities and other 5Èrvices delivered to Witham Public Hall were transferred to Witham Public Hall Trust Limited 2nd every user orthe hall was contacted Jboutthe change of man38ement. Hire fee5 to users of the h351 were all tInIsed and the laree variation in hiring rates which h3d @VDlved in the past was rationalised so that they were both f31r and cornpetitive. Where the move to a new rate represented 3 big percentsEe Increase for the hirer a trsnsitional rate was usually aEreed In order to make the change to the new rate easier to m3na8e. No hirers felt the need to cancel their bookings and the overall effett of rationalisinE hire fees and gaining new hirers led to 3 40% increase in revenues Irom hiving in the first year. A membership scheme was establlshed In the first year and those regular users of the hall who pay a membership fee benefit from a more favourable rate. In 2012113 3 Sum of £8,000 was donated by Braintree District Council specifically for the creation ol a new bar. Some additlonal investment, in excess of £1,0, was made by Witham Publlc Hall Trust Limited to complete the bar to a high standard, including new fridges, tills, optics and othe¥ accessories. Subsequently the Trust has received a grant from the Essex Community IntIatiVe Fund as well 35 interest free loans from Witham Am3teur Operatic Society to enable the Trust to replace all the seating. In 201912020 and 202012021 theTrust received grants from Essex County Council in resp¢¢t of the impact of Covid on hospltality venue5. These were sufficEnt to keetk the Public Hall open for the National Blood Transfusion Service and those few events that restrictions allowed. Recrultment and appointment of newtrustees The Ch3rity's Trustees aro appointed at a meeting of the Board of Trustees follawing a selection process and recommendation by an existing Trustee. The Board requires breadth and depth of experience to carry out its duties effectively. When recruiting new Trustees, the 803rd takes into consideratlon eligibility, personal competen, specialist sktlls of knowledge 3nd local availability. Page 2
WITHAM PUBLIC HALL TRUST LIMITED REPORTOFTHET USTEES FOR THE YEAR ENDED 20JUNE2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Organlsatlon31 structure The Trustees rnaintsin overall responsibility for the charity and its assels. DurinB the year the Trustees deteiDed the policy of the charity with rÈgÉrds to hiring the hall snd promoting events. They assisted in the management of the charity via the operation of the Maln Board as well as provided direct help to the Management Team as valuiiteers, rnalnlyas Front of Hause and Bar Assistants during promoted events. Dur¢n8 the yearthe day-to-day managetnentofthe H311 was delegated to the Hall Manager, Nigel Northf1eld and the Events Mana8er/Front of House Manager. Graham Green- the Man3gement Team. However, Graham Green 5s nowstepping back 2nd offering support to Nigel Northlleld until additional help can be found. R15k Management The Trustees have assessed the major iisks to which the charity is exposed, in particular those relating to the specific operational 3reas of the charity and its linances. The twstees believe that by Monitoring cash Te5erve5 and hire bookings versus anticipated expEnditure the key financlal risks can be controlled. However, exposure to the CAB'g abllity to receive funding ICAB is a major contributor to Wlth3m Public Hall Trust Limited revenues Since it licence5 several rooms under With3m Public H311 Trust Llmited controll is outside the tru5tees' control. To establish an adeqvate capital reserve lor repairs, redecoration, and unforeseen business risks, £18,WOwa5 &llocJted to reserves attheend of the firstyear of tr3dlng and an additional £4,000 has been added to reserves each year. Untll year-end 2020 these reserves were capped at approximately £40,000 and were m3tthed by cash at bank. As a result of Covid and the r3pidity with which plans for promoted events and other income-generating activities can be cancelled the board decided in 2020121 to add the Covid grant of £25.0(K) (from 8raintiee District Council) to reserves, taking totsl reserves to £75,607. However, trading almost returned to normal in 2021122 and $0 £5,000 of the Covid grant W3s released to the income account, reducing serveS to £70,607 (with the rern3ining £20,000 ol tlie Covid 8rant movin8 to the GenerJl Repairs Fund. In 2023124 the unusual r.osts associated with attempts to repair the boilers, together with installation costs for an extra electrical phase needed to powe¥ the air-conditioning meant that Trustees decided to release £8,439.13 from the General Repairs Fund, rather than depress the reported surplus for2 noTr-recurring item. Thls reduced the total reserve5 to £62,168. At the end of 2024125Trustees decided to transfer an addition31 £10,QOO from net Income to the Gener81 Repairs Fund in è¢)tlcipation of significant redecoratloH costs following the repEaent of bDilers. pipework and radiators. additional risk Is dependence on voluntee¥s and stafl for key tasks. The Trust had previously been lucky to find three caretaker5 willing to share the103d and provide coverfor each other during holiday5 and illne55. 51nce then, two caretakers have left, another is sl¢k, and we have lled heavily on a rÉcent hire. We need to find Jddltlonal caretakers with some ur8ency. The work ol findin8 additional voluntee15 to spread the workload of bar and froTht of houscwork is ongoing but this remainschallenginE. Forthe avoidance of doubt, it must be stressed that the bargenerate5 tn05t of the fin3nci2I surplLts (before alloc3tion to reserves) made by WPHT and that surplus would dÉsappe8r if bar and front of house volunteers were replaced with stsff paid even the minimum wa8e. One more risk, apparent slnce the previous year end. wa5 the dependence of the Trust on its landlord, 8ralntree Dlstrlct Council, for repairs to the fabric ol the building includlng the gas btsllers. Norm31 inspection and maintenance has been sufficient until now to keep the fabrit of the building structurally sound. However, failure of both ga5 boilers during the Year 23124 and the discovery that these boiler5 and its key ¥eplaceable parts are no longer manufactured posed a challenge to the normal op&r2tion of the Trust during the winter months. The Trust understands that BDC h35 3 policy of obtaining three quotes for all work undertaken by outside contractors, but thls lengthy process is at odds with the Trust's need to repair thlngs quickly if it is to Maintain Dorm81 service for hirers and other paying customer5. Contractors are now, p05t- balance sheet end. replacing the boilers, pipework and radiators throughout th¢ whole building. OBJECTIVES AND ACTIVITIES Objective5 3nd Activities The principal oblects of With3m Public Hall Trust Limited, as set out in the Constitution, are to provide and maintain the public hall lor the use of the Inhabitants of WStham and the surroLsnding area but espe¢lally for Meetings, lectures and classes with a particular preference lor the perforTning arts, and ii. Other forms of recreation and leisure-time occupation. with the object of improving the conditions of life for the inhabitants. In addit(on, Wltham Public H311 Trust LiThited had planned the promotion ot several events during the year to 30 June 2025, cover%ng a range of tsstes and actlvities includinE dances, concert5. professional theatre, and comedy nights. PagE 3
WITHAM PUBLIC HALL TRU MITED REPORTOFTHETRUSTEES FOR THEY ENDED 30JUNE 2025 ACHIEVEMENT AND PERFORMANCE A Reviewof Key Target5 for 2024125 The Trust's main business goal for 2024125 was to persuade Bralntree District Councll to replace the g3s bo11ers, a vital task if our autumn and winter se350n W3S to remain vi3ble. At the time of writing, Braintree Distrlct Council had appolnted contractors to replaie the gas boiler5 as well as the pipework alld radiators throughout the building and the work 15 now I progress. with 3 completion iJ3te towards end September. The maln source5 of Income for Witham Public Hall Trust Lim(ted are usu211y hire fees, rental income from the Citizen5 Advice )nd the surplus from promoted events. which include bar profit5. This year three of those sources of income were down (between 1% and 9%11È2vinB bar sale5 as the stand-out success, rising Il% to £66,579 v £59,691. Hire leos at £58.550 were down 1% vs the previous yezr1£591671. Thls1s mostly explained by havin8 three more self- promoted nr box ollice split ev¢nts versus the previous year, from which we genÈrate no hall hire income. ThÉs would account for approx, £1,500 lower hire fees which. if 3dded back, would have generited a 1% growth In the year. However, these three events did generate £2,000 more ticket income share Iwitham Public Hall Trust Limited share of tot21 ticket les for these eventsl thus representing a netgain in income fokrthese events. It 15 Worth notinE that the number of events overall was reduced by two ver5US the previous Year, owing to cancellations by the promoter. Withatn Publlc Hall Twst Limited is trending towards peak capaclty Sn terms of the tsumber of events it can h3ndle In a year, in the absence if significantly more volunteers. IPrOVed audience 2ttendance is one of few ways in which to improve income In the 2bsence of price rises for the bar and hall hire. CA rental fell to£12,050 versus £13.200., reflectlngthe redLEced Iborarea that the CAIS now Ilcenslng from wit1rn PublK Hall Trust Limited. The lull year effect wlll be evldent in the 2025126 accounts. Bar sales were £66,579 vs £59,691 an in£rease of Il% reflecting the success Of events 3nd thelr generally better attendee umbers. The Comedy Nights, which are becoming Increasingly popular, are particular good for bar salÉs. Events Income has drifted a Ilttle in 20241245 vs the previous year, £31.019 vs É31.831, with the Real Ale and Gin Fe5tlval sale5 and net income down ca £1,500 and ca £2,500 respectively. However, this does not imply that the event5 themselve5 have been less suwessful than185t year, 51nce the value of revenues depends on the mix ol third-party hires and sell-prtsmoted or box-office split events. The former 8ener2tes ticket commlssions. but the latter generate 2 sha¥e of ticket sale5. whlch are clearly larger per event With respect to expenditure items the13rgest absolute change was the increase in Repairs and Renewals from £30,193 to £34.955. Th15 was heavily impacted by the £13,(JOO charge in 2023124 to keep the blerS running, reduced to just £1,500 in 2024125. The was a myriad of 5m311 repairs in both yeais but with rather more in 2024125 than the previous year. Together wlth grant5 and dorbations, as well as membership fee5, and interest on cash at bank, total income was £174,162 vs £169,669, a gain of 2.6%, surpasslng previous years. Furthemor¢, a marginal increase in tatal expenses (from £150,268 to £160,0351 reduclng our reported 5urplu5 from £19,401 to £14.127. Glven the likely sfie ol the redecor2tion bill in the Cent year it is dlfflcult to forecast the net income for 2025126 but a modest surplus of £5000-EIO,000 should be possible. Page 4
WITHAM PUBLIC HALL TRUST LIMITED REPORTOFTHET USTEES FOR THEYEAR ENDED 30JUN 25 FUTURE PLANS Key Targets for 2025126 To 313rge extent 2025, from an operntinE pepeCtIVe, will be like 2C124, with third party hire5 driving bar 531es and hall hire. This year BDC has agreed to replace the gas boilers and Snsisted on replacing all the radiators and pipework at the same time. Inevitab5y there wlll be some redecoration requlred. especially in the Citizens Advice part of the hall, In whlch the upstalrs rooms had already been damaged by water ingre55. f4anagingthis redecoratlon while minimi2ine the impact on our ability to hire out the rooms will be an Interesting gist[Cal challenge 35 well as representing a slgnificant financial undert3king. Other capitsl projects being explored 8re: l The potential to reorgani5e the front of house area (foyer, offlces 2nd toilets) to improve the look and functionality, possibly increasing the number DI ladles tollets available. 2 The potential to redecorate the main hall 3 New sound equipment now that storage has be¢orne available after the Citizen's Advitt has vacated one of Its rootr)Is. 41 Up8rodlng the kitchen. especially the Ilooi covering. However. likely these projects wlll have to await the completion ol the redecoration upstairs and the appropriate fuTrdiD8 in place. In terms of succession planning, we have sta¥ted looklng for part-time or potent1311y full-tlme stsff that can manage some of the tasks £rIent1Y tnanaged by the caretakers and Hall Manager, perhaps transitioning to assume 315 of those tssks over tlme. Capital projects aside we would antt(ipate a surplu5 01 £SOOC>- 10.000 ill the year to end June 2026. Approved by order of the board of trustees on.. d SiEned on its behalf bv.. S P Adkin5- TTU5tee Page S
INDEPENDENT EXAMINER'S REPORTT WITHAM PUBLIC HALL TRUST LIMITED HE TRUSTEES OF l port to the trustees on rny examination of the accounts of the Cotnpany for the year ended 30 June 2025. Respective responslbllities and basis of report As the charity's trustees of the Company (who are a150 the directors of the company for the purposos of company13wl, you are responsible for the preparation ol thé accounts in accordance wlth the requirements of the Companies Act 2006 I'the 2006 Act'l. Having satlsfled myself that the accounts of the Company ale not required to be audited for this year ulldEr Part 16 of the 2006 Act 2nd are eliglble for independent ex3mln2tion, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 20111.the 2011 Act'l. In carrying out rny examination, I have lollowed the Dsrections given by the Cha¥ify Comrnission lunder section 14515Xbl ol the 2011 Act. Independent ¢xamlner'5 ststement I have compted my examination. I confirm that no material rnatters have cotne to my attention which gives me cause to believe th8t: account¢ng CordS were not kept in accordance with section 386 of the Companies Act 2CX)6,' or the account5 do not accord with such record5. or the accounts do not comply with relevant accounting requirernents under wtion 396 of the Companies Act 2(K16 other any requirement th2t the accounts give a Yrue and fail. v*ew which Is not a matter considered as part of èn independent examination,. or the account5 have not been prepared in accordance with the Charities SORP IFR51021. I have no concerns and have Come acros5 no tsther matter5 In connection wSth the examination to whkh attention should be drawn in this report in order to enable a proper understandinE of the accounts to be reached. Steven Collins FCCA Baver5tocks Chartered Certified Accountsnts Dickens House Guithavon Street Witham Essex CM8 IBJ Date.. 2411112025 Page 6
WITHAM BLIC HALL TRUST LIMITED STATEMENT OF FINANCIAL ACTI ITIES FOR THEYEAR ENDED 30JUNE 2r)25 2025 Unrestricted fund 2024 Tot35 funds Notes INCOME Inctsmlng resources Irom generated funds Grants and Don3tSons Activities for generating fund5 Investment income 1,916 169.398 2,848 1,570 165,089 Totsl incomlng resources 174.162 169,669 EXPENDITURE Charltable actlvltles Other resources expended 35.814 124,221 33.542 116.726 Totsl Yesources expended 160,035 150,268 NET INCOME 14,127 19,401 RECONCILIATION OF FUNDS Total funds brought forward 108,318 88,917 TOTAL FUNDS CARRIED FORWARD 122,445 108,318 The noles fom part of these finalleial 5tai¢menls Page 7
WITHAM PUBLIC HALL TRUST LIMITED BALANCE SHEET AT30JUNE202S 2025 lInStrIcted fund 2024 Tots5 funds Note5 FIXED ASSETS Tangible a55ets 26,753 16,307 CURRENT ASSETS Stocks Debtors Cash at bank and in hand 4.585 7,863 164,525 4,270 9,648 147,795 176,973 161,713 CREDITORS Amoui)t5 falliTrg due within one year ID 19,1131 17,5341 NET CURRENT ASSErs 167,860 154,179 TOTALASSETS LESS CURRENT LIABILITIES 194,613 170,486 CREDITORS Amounts falling due after more than one year li 172,1681 162,1681 NET ASSETS 122,445 108,318 FUNDS Unrestricted funds Restrlcted funds EndowmeTrt funds 12 122,44S 108,318 TOTAL FUNDS 108 318 The Doles foirn pait of tliese fiLLqllCi81 statcnieAits Page 8 eontiniied...
WITHAM PUBLIC HALL TRUST L ED BALANCE SHEET- CONTINUED AT 3QI JUNE 2025 The charitable company wa5 entitled to exemptlon from audlt under Section 477 of the Companies Act 2006 relating to sm811 companies. The members have tK)t required the ch3ritable ctsmpanyto obtain anaudtt in sccordancewith Secti476 of the coMnieS Act 20Cb6. The trustee5 acknowledge their responslbilities for en5urinE that the charitable company keep5 accounting recoTds that cotnply with Sections 380 3nd 387 of the CompaniÈs Act 2006 and preparing financial statements which give a true and falr view of the stste ol affgirs Of the charitsble company as at the end of eachfinancial yearand of its surplu5 ordelicit foreach financial year in accordaneewlth the requirements of Sections 394 and 395 and which otherwise comply with the requlrements of the Companies Act 26 relatin8 to financlal statement5. $0 lar as applicable to the charitable company. These financial statements have been prepared In accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companie5 2nd with FR5102 SORP. The financi315tatements were app¥oved by the Board af Trustee5 on and were slgned on its behalf by.. AFA S P Adkins-Trustee The iiotes fonn part of these financial statenjeiits Page 9
WITHAM PUBLIC HALL TRUST LIMITE NOTESTOT E FINANCIAL STATEME FOR THE YEAR ENDED UNE 2025 ACCOUNTING POLICIES Basls of accounting These account5 have been prepaTed under the histor*cal cost tonvention with item5 recognised at cost or transaction value unless otherwise stated in the relevant note5 to these 2CCOUtIts. The accoijnts have been prcpared In accordance with the Statement ol Recomtnended Practice.. Accountin8 and Reporting by CharÈtie5 preparing their accounts in accordance with the Fin3nci31 Reporting Standard appl¢cable in the UK and Republic ol Irel¥nd IFRS 1021 issued on 16 July 2014. Income Recogni5ed of incoming $OurceS are Included in the Ststernent ol Financial Activie5 ISOFAI when.. l. The charify becomes entitled to the resour¢es ii. The trustees are virtU311y certain they will recelve the resources.. and 111. The monetary value can be me35ured with sufficient reliably Grants and don3tlons are only included in the SoFAwhen the charity has unconditionalentltlement tothe resources. Expenditure and Ilabllltles Support costs include central function$ and have been allocated to activity cost categories on 3 basis consistent with the use of resour£e5, e.g. allocating property costs by floor arè2s, or per capitsl, staff costs by the time spent nd other costs by their usage. Where the chaiity glves a grant with tonditions for its Payment belng a spec1fl¢ level of service to be provided, such grants are only ¥ecognised in the SOFA once the rÈcipient of the grant h25 provided the specified service. Tangible flxed 2ssets for use by charlty "rhese are capitalised if theycan be used formore than one year. and the costat least £500. Theyare valued at cost or, if gifted, at the value to the charity on receipt. Depreciation is provided at an 2nnu31 rate of 10-33% Straight Ilne sn order to write off each assetover its estirnated useful life. stocks Sttscks are valued at the lower of cost and net rea1i5able value, after making due allowance for obsolots 2nd slow rftoiqng items. Taxatlon The charity is exempt from ctsrporation tax on Its charitsble actlvities. Fund accounting Unrestricted funds can be used in accordance with the charitable objective5 at the discretlon of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity- Restrlctlons arise when specified by the d0¥ or when funds are raised foF P3rticu13r restricted purposes. Further explanation of the nature and purpose of each fund 15 included in the notss to the linanclal statements. GRANTS AND DONATIONS 2025 2024 Sponsorship and Donations 1,916 1,570 Grants received, included in the above. aye as follows.. 2025 2024 Essex County Councll 8uslness Ad3Ptatlon Grants Page 11
WITHAM PUBLIC LL TRUST LIMITED NOTES TO THE FIN NCIAL STAT THEYEAR ENDED 30JUNE2025 TS-CON UED ACTIVITIES FOR GENERATING FUNDS 2025 2024 Events income CAB Rent Hiring income Bar sales Membership Fee5 31,019 12,050 58,550 66,579 31,831 13.200 59,167 59,691 1,20 169,398 165,089 INVESTMENT INCOME 2025 2024 ank InteSt received 2,848 3,009 CHARITABLE ACTIVITIES 2025 2024 OpenSng stock Bar rosts Promoted Events C05t5 Cbslng stock 4.270 33.335 2,794 14,5851 4,638 31,520 1,654 142701 35,814 3S.542 NEf INCOMINGIIOUTGOINGI RESOURCES Net re50urces are stated after chargingllcreditingl.. 2025 2024 Depreciation- owned assets 11.033 TRUSTEES, REMUNERATION AND BENEFITS 2025 2024 Trvstee5' remuneration Trustees. expenses There were no trustees. expenses ld for the year ended 30 June 2025 nor for the year ended 30 June 2024. Pagell
WITHAM P IC HALL TRUST LIMITED NOTESTOT E FINANCI EMENTS- CO FOR THEYEAR EMDED 30JUNE 2025 TINUED TANGIBLE FIXED ASSETS Fixtyre5 and COST At l ju 2024 Additions DispJ531 90,932 17,688 At 3JJune 2025 108.620 DEPRECIATION At l July 2024 Charge for year Disposal 74,625 7,242 At 30 June 2025 81,867 NET BOOK VALUE At 30 June 2025 26,753 At 30 June 2024 16,307 DEBTORS.. AMOUNTS FALLING DUE WITHIN ONEYEAR 2025 2024 Trade Debtors Prepayments and Accrued Income Social Security 2nd OtherTaxes 4.863 3,000 6,622 3,000 26 7.863 9,648 io. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade Creditors Soclal S¢curity and Other Taxes other Creditors 341 339 8.433 1,226 6,308 9,113 7,534 ii. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONEYEAR 2025 2024 Coronaviius Grant Sinking Fund Gener31 Repairs Fund 23.000 49,168 23,000 39,168 62,168 Page 12
WITHAM PUBLIC HALL TRUST NOTESTO THE FINANCIAL STATE ENTS- CONTI EYEAR ENDED 30JUNE2025 12. MOVEMENT IN FUNDS Net movement ill funds At 1.7,24 At 30.6.25 Unrestrlcted funds General fund 108,318 14,127 122.445 TOTAL FUNDS 108,318 14,127 122.445 Net movement Sn fvnds, included in the above are as follows.. Incoming resources Resources expended Movernent in funds Vnrestrlcted funds Ge#eral fund 174,162 1160.0351 14,127 TOTAL FUNDS 174,162 1160,0351 14,127 13. ULTIMATE CONTROLLING PAR7Y The coThpany15 Ilmlted by gu3r2ntee and therefore has no shale capltal. The liabllity of each member Is restricted to 3 maximum of £1. Page 13
WITHAM PUBLIC HALL TRUST LIMITED DETAILED STATEMENT OF FINANCIAL ACTIV FOR TH EAR ENDED 30 JUNE 2025 2025 2024 INCOME Grants and Donations Sponsorship and Donatlons Grants 1.916 1,570 Actlvltles for generatlng funds Events income CAB Rent H811 Hiring income ar sales Membershtp Fees 31.019 12,050 58,550 66,579 1,200 31,831 13,200 59,167 59,691 1,200 171,314 166,659 Investment Inc(¥ne Bank Interest received 2,848 3.(K)9 Total Income 174.162 169,669 EXPENDITURE Charitable activitles Opening stock 8ar cost5 Promoted Events Costs Closing Stock 4.270 33,335 2,794 4,638 31,520 1,654 14,2701 35.814 33,542 Other resources expended Sa13rles and casual Labour Trustees. remuneration Selling and m2rketiiig costs Rent, rates and insurance Repairs and Renewals Light and Heat Telephone. postaEe & ststionery Leg313nd Professlonal lees Cle3Miiig Travelling Sundry expen5e5 ank charges and interest 83d Debt Depn of Fixtures & Fittings Proflt/Loss on Oisposal of Flxtures & Fittings 30,498 28,958 io,Ix)o 8,696 34,955 22,729 1,697 1,139 2,799 9.186 8,328 30,193 21.970 1,539 1,767 2,309 3.622 844 1.511 933 7,242 11,033 124221 116,726 Total resourees expended 160,035 150,268 Net Income 14,127 19,401 This page does not foiTh part Df th¢ strdtutoiy finaiicial staternents Pag¢ 14