COMPANYREGISTRATION IYUMBER: 07479975 CHARITY REGISTRATION IBElL 1141442 THORNHAM VILLAGE HALL AND PLAYING FIELD UNALT)ITED FINANCIAL STATEMENTS 31 DECEIIBER 2023 KATHRYli GIGG Chartered A¢¢oulltants. Business Advisers & Tax Consultants 20 King's Lynll Road Hunstanton PE36 5HP
THORNHAM VILLAGE HALL AND PLAYLYG FIELD Compydny Lindted by Gu*r&ntse Fiuaueial statements Ycar ¢ud¢d 31 December 2023 Page TDJStees' annual report (incorporating the dittetor's report) Independent examiner's report to the trustees ststement of financial activities (in¢ludittg income and expenditure account) Balance sheet Notes to the financial statements io
THORNHAM VILLAGE HALL AND PLAYThG FIJ> COJnp8ny Llmited by Gllarantee Trustees, annual report (in¢orpornting the director's report) Year ended 31 December 2023 The tsuste are also the dir¢¢tOTS for the purp)ses of compally law¥ presetit thcir ryort and th¢ unaudited financial 8tatements of the charity for the year ¢lldl 311)¢canber 2023. Th# finan¢ial statemenly bave been prepa1 in accordance with the accounting wlicies set out in notcs tr) the a¢¢ount8 and comply with the ¢hArity's governing documellL the ChJJities Act 2011 and Companies A¢t 2006 and Accounting alld Reporting by Charities.. Statement of Recommended Practice applicable to charfftties preparittg their accounts in accordance Iviththe Financial Reporting Standard applicable intlLe UK8ndRepublic of Irel&ttd (FRS102) (effective l Janury 2015) (as ameaded by Bujletin i published on 2 Febnwy 2016). Reference nd idmitiistr#tive detlJ8 Reglstered charlty n8me Thornbam Village Hall aud Playing FiBld ChArity regi&trxlion number 1141442 Company regtstratlon number 07479975 Prlndpal office and reglstered office Thornkn Village Hall High Stred ThorDha Hunstanto orfolk PE36 6LX The trustees The Irustee8 Twho SVed during the year and at the dat¢ Df approval wue as follows: J J Warllum MSCHthert A D Janiicion Mr5 S C.Mocatta (resigned 28 September 2023) S A E Stsveley (reSied 12 July 2023) M A Wakefield (resigned 30 December 2023) JWEICav¢ M J Ballentine Mrs H J Dyson JPLaw Ms L Reddyhoff {apwInt 28 t¢mIr 2023) H Curran (appointed 28 Sq)tember 2023) Colond W King Hamwi (app)inted 15 Januory 2024) Page I
THORNHAM VILLAGE HALL A14D PLAYII%G FIELD Company Limited by Guarantee Trustees, annual report {iDcorpoTxting the director's report) (continued) Year ended 31 December 2023 Company secretary J J Warham tndependent exmSner Kathryn Gigg FCA The Office 20 King's LyDn Road Hunstanton Norfolk PE36 5HP Banker8 Barclays Bauk PIC 21 Tuesday MaTk¢t PIa¢¢ King's Lynn Norfo]k PE30 IJX Sollcttors Haves + Sto The Old County Court County co Road King's Lynn PE30 SES Page 2
THORNHLM VILLAGE HALL LYD PLAYING FIELD Company Limited by Guarantse Trnstees, annual report (iDcorporatiog the dirtttor's report) (continued) ye ended 31 December 2023 Oblecdves and actmtles The charity's objectives are to estsblish and run 8 village I]1, together with prDviding and maintaining a sports and recreational ground including a children's playgroulld. The charity aims to promote health through hedthy reLTeation, advancement of arts and Gultur¢ through acce&8 to ajtertainment and &Tbibitions and advancement of amateur sport througb providing 8ports facilities. Publie benefit The Trustees have had due regard to the Cfrwity Commission's guidelines on public benefrt al consider that now the village hall has been fully estsblishgl b¢uefit is being gained by the inhabitants of th¢ area Trithout distirLction alld for the pub]ic at larg& Aehievements and perfomanee The H811 h&s b¢en very busy as the number of events and usw continues to grow. We are pleased that we are meeting our objeaives with the growing number and variety of events and illcre&8ed attendances. One of our longstanding successful events are the Soup and Saodwicbes lunches. which run through the winter months alld h&8 completed a ninth Season. The lunches have been a core part of our social cotnmitrAent to the comtnunity. This season there have ell eight lunches with a regular attendance of alM)Ut 50. Another well attended series of events are the Winter W'arniers tslks. We continue to attr&ct very interesting speakers who have given inforniative and entertaining tslks on a wide variety of topi¢$. Winter Warnier3 is also a significant contributor to our fuThd-raising efforts. The investment in new technolo has enabled the return of our Live Streaming of perforniances from the Royal Opera House. The transmi&sions have E*en of ahigh quality and audiences have enjoyed son)e old favourit¢s &s w¢ll as exFri¢ncing new production5. We have created a new Events Committee to look at other inclusive options for the benefit of our community. So far this has illcluded a Bingo night and a Qui4 which w¢r¢ well attended and $e£8SfUl events. There are many more events throughout the year such as OkYn Gardens and the Sausage Si721e. And of course, the nutnerous exhibitions, aDlique and craft fair53 y.oga and the Bag Ladies coffee mornÉngs. The celebration of our lotb Anuiversary in September was the hIlIght of th¢ year. It w&s a joyous o¢¢asion with mLire thall 200 attendees who enjoyed & Hog Roast and live JaLZ Musi¢. The TVtI&PF. TUC. TPC. the Church, Allotm¢nts Society, History Society and the Crick¢t¢rs all [VIded wondwfill exhibits. The Junior CrAcket wa8 a jor $uG¢¢83. Thith n¢arly l(K) young cricketers tskillg parL Cricket in Tbornham is an important part of village life and the TVH&PF wants to support th¢ growth of the Thornham Cricket Club. The TCC has been successfill in reCt s¢asons, both on the field and in wwing their menlbership ld buiLding a Juniors program. However. ¢urffttdy tb¢y must ettthuY8n inadequatepavi]ion. In seeking to support cricket and other local swrts club5, as well as providing a venue for social events, the TVH&PF h&8 Committed to build a uew sports pavilion. Thi8 is a major dertakIng which will require a signifi¢8nt 8moullt of fiuthising. A Sports Pavilion ¢ommittee, with members from ttr TVH&PF and the TCC, has taken th¢ ¥wnsibility of approving th¢ new building and the Page 3
fund.raising camp&tgn. The conmiittee hopes to rnost of tbe [vire0 fijnds via grant awardg from regional alld national institutions. Th¢ TVH&PF WAII also make a large 1llve8tmt from ourr8seThe8. The Trustees wish to thank all of the volunteers 2nd employees for their hard work and generous support. Covld-19 Support DLwing th¢ y¢ar to 31 Decernbtr 2023 dle Charity did nol claim any sw from King's Lynn & West Norfolk Borough Council in relation to Busi0 Suinxirt Grants {2022- £2.667). Flnanclal revtew The fine181 statements for the year show net illcome. fore dewlatIon. of £9.525 (2022: £2249). The cEwity bad over&U net deficit of £13.702 (2022: £32,273). Reserves poilcy The TrusL¢es &re aware that there 15 a long term need to repair. maintairn and replace the assets Ill their control in or(kr to sustain the qllity alldp¢rforniance of thege assets. Thi5 commitm¢nt is under constant rcvivw together with the need to improve the ra¥¢ of activities proiided. To mttt these needy the TnLStees lIeVe that Te8erv¢s in the region of £85,000 will be wuirtil and will ensure reserv&g are kept to that level. The charity currently holds £146,114 {2022: £141.107) in Det cuttent ass¢ts. Structstr4 gDvern8nce and m4na2¢ment Governing docmment Thornham Village Hall and Playing Field is a company limi1 by guarallte¢ and is a registered cliarity governed by its Memorandum and Articles of AssociatiorL It was Incory on 30 Dccani*r 2010 registered as f4 oharity oll 14 Apri12011. Page 4
THORNHAM VtLLAGE HALL PLAYING FIELD Company Llmited by Cuarantee Trustees, Annual report (incorporating the directorfs report) (continued) Year ended 31 Dece]nber 2023 Stru¢tsre? governance and management (CO[nue Recrulth¢n¢ dppointhentand tr41niftg of Trust¢ Tntte3 sh211 be pLynS who througFL residence, occupatioll, epI0}Let or othenvlse bave special knowledge of the area of benefit OT are otherwis¢ able by viffU¢ of their personal or professional qualificationg to make contribution to the pursuit of the obie¢ls of the chwiry. tn accordance with the Articles of Association, the Trn$t¢os as &body will include one truste¢ appointed by Thornham Pari8h CDullril. The Truste¢8 ¢ 8180 able to co-opt four Trustee8, with four tsvstees being eleCd at the A.G.M. Ott appointment, Trustees are Provid with: a) Copies of the Memosyndllm and Articles of Association. b) Details of the Charitics Commission Guid¢lines"The Esselltial T[Stee-whatyOU nato Imtsw. whatyou need ¢) The latsst Finalloi&E Sialonents. In addition, the Trustees are encouraged to T¢8d Charity Commission and othff Thewsletter8 and to attend ¢ours&s d¢s1¢d to k¢ep th¢m abreast of their duties alldre8POn8ibilities. The Trustees are dir¢¢¢ors within the meaning of the CollLpallies Act 2IXJ6. During the period uth review, the Tfttees were as list&J oa pag¢ l. A slalls audit was carrird (¢ previouslyto idelltifythe stregthS andweaknesses within the ¢l)arity. This will ¢nable the charity to maxirnisc its arLw of exptttise and atlract future Trustees V*"ho will enhance the skills of thc curr¢nt board. Rk appraisal The Tru5te¢s acknowledge the Clwity Commi&sion's guidelines regardll revi¢wingmajorrisks trj which the clwity is exp08ed. A fill¢1&1 risk aswsm¢nt was UndertellpreViouSIY as requireAJ by the Big Lottery Fund. operatio1[ risks faceA by the clwiiy are reviewed OD an ollgoiug basi8 and a full Health & Safety audit is conducted by a compatty who are experts in that field. An antkual Strategy meding is held at which An all risks review is undertaken. The key risks faced by the charity are: l) The lollg-tenn repla¢em¢nl of the Trnstees. The charity IMS an active policy to attract both Tru8t¢¢s and Volunteers which seems to be 8hoTring positive T¢8uIts. 2) Recnjitment of youngerpersons. The demographics of the area tnake this a ¢hallenge. Constant contact with all young¢r familiGs togdlk¢r with the introduction of activities attTa¢ting yonnger persons should &88i5t in Bglving this issue. 3) Longer terni impact of COVID-19 crisi5. Organi5ational structhre The Tntstees mc¢t at Iwt quarterly or more frequently as requir&J. Independent dyaminer Mt3 Katbw Gigg FCA of K8thryll Gigg has iKell apwTrinled as indq)endent exatniner for the ensuing yw. Page 5
THORNHAM VILLAGE HALL AND PLAYIliG FIELD Compgdny Limlted by GUartee Trustees, annual report (IncorpotIllg the director's report) {conlinued) Yr ended 31 December 2023 F:.7.. 2024 and sign¢d on behalf of the board of trustees by. The Tntss, atmual report w&s approved on ... . J W H Cave (Chainllan) Trnstee Page 6
THORNHAM VtLLAGE HALL AND PLAYING FIELD Comp&lly Llmited by Guarantee Independent examiner's report lo the trustees of Tbornbam Village H211 and Playing Field Year ended 31 December 2023 I report to the c]wily TnLgtees on my cxamination of the fiiwicial stathents of th¢ Compatsy for the ended 31 December 2023 which comprise the Stat¢llt of fiJ)an¢ial activitie8 (including ittcome and expenditur¢ nOunt}. balance heet and the related notes. Respollsibllities and ba818 of report As the ¢harily's T[$tee5 of the c4)mparL) (and also its direaors for the purposes of comp8ny law) you are responsible for the preparation of the financial statements in ac¢ordAnce wlth the requirements of the Companies Act 2006 ('he 2006 Act"). Havillg 8ati$fied myself that the financial ststements of th¢ company are not rwTired to be audited under Part 16 of the 2006 Act and are eligible for independent examinatioffj I report in rcspect of my exatnination of your company's financial ststements carri¢d out under section 145 of the chitieS Act 2011 ("the 2011 A¢tl. In carrying out my examination I h&ve followed the Directions gtVUL by the Charity con)$10 under 8ection 145(5)(bl of the 2011 Act. Independent exajlliner's stst¢mellt I hav¢ ¢ompleted my examination. I cK>nfirni that no matters bLv¢ con)¢ to my attention in WDne¢tion with the examination giving me cause to believ¢ tbat in any mat¢Yial r¢sP¢¢t: l. Accounting records were not kept in res1 of tbe comFdny as requiJEd by se¢tion 386 of the 2006 Act" or, 2. The finattcial statononts do llot accord with those rOrdS. or 3. The fillclaI 8tatemeots do not comply with th¢ A¢¢ountxtsg tequiremfflts of stioll 396 of the 2006 Act oth¢r than any requirement that the accounts give a and faiff view which is nirt a matt¢r ¢onsid¢red as part of an independent examination; or 4. Th¢ finanGial statements have not been prepared in accordance with the methods and principles of th¢ Siat¢m¢nt of Recommended Practice for accounting and r¢KM)rlillg by ¢l]aTitie5 applicable to cbarities preparing their accounts in accordanc£ with the Financial R¢tKTrrtillg StandardapplicableintheUKand R¢publi¢ of Ireland (FRS 102). I have no conccrns and have com¢ a¢ross no other matter5 its nnlIOn with the exnintiOn to wbi¢h attention should be drawll in this report in ord¢r io cnable a proUnderstandIng of the accounts to k reached. Mrs K& Gigg bCA llldq)¢ud¢ni Examiner Kathryn Gigg Cbartered Accouutants The Office 20 King's Lynn Road Huttstanton Norfolk PE36 5HP 2024 Page 7
THORNHAM VILLAGE HALL AND PLAYTh'G FIELD Company Limlled by GuarYdDte¢ Statement of flnancial activities (Including income and eendIknre &c¢ount) YeAr ended 31 December 2023 2013 R¢5trict¢d FuThds 2022 Total Funds Unrestricted Funds Total Funds Note In¢ome and endowments Donations and legacies Covid Support Cbaritable activities (Hall hire) Oth¢r trading activities Investment income ot} income 4,970 4.970 5.525 2,667 20,866 47,720 68 267 14.314 79.650 508 14,314 79.650 508 Total income 99.442 99,442 77,114 xpendlture Expenditure on raising funds.. Cosls of other trading activities ExpendAtur¢ on cPitable aciivities Grarnts made io li (24304) (84.605) (24.304) (88,840) (13,065) (92,594) (3,728) (4235) Total expenditure (108909) (4235) (113,144) (109.387) Net incomel(eipenditsre) before transfer of funds {9.467) (4235) (13.702) (32,273) Transfers betwe fund8 Net movement In funds (9,467) (4,235) (13,702) (32.273) Reeonclli8tion of fund8 Total futh QU8ht forward 349216 480.145 829.361 861,634 TotAI futt(ts eArrled forward 339.749 475,910 815.659 829.361 The statement of financial activirie5 iu¢ludes all gaiDS and10&4es recogDised in th¢ ye4r. All income and expenditure d¢TiV¢ fn)m continuing activilles. The note$ on p8ge5 10 to 18 form part of these fthanciai 5tatemellts PagG 8
THOILNHAM VILLAGE HALL LND PLAYING FIELD CollApany Limited by Guarantee BAlallce sheet Year ended 31 December 2023 2023 21122 Not¢ Fixed a88cts Tangibl¢ fixed ass¢ts Current as$et$ Stocks DebtOTS Cash at baDk and in Jjaud 17 669.545 688254 18 19 1,527 4,123 143,160 1.170 382 145.183 148.810 146.735 Creditors: Amounts fUittg due wlthln one year 20 (2.696) (5.628) Net current assets 146.114 141,107 TotAI assets less ¢llrrent llabl]itles 815.659 829,361 Net wets 815.659 829,361 .Funds of the eharity Restricted funds Unr¢stri¢t¢d fijnds 475,910 339.749 480,145 349,216 Tot81 Charity funds 815,659 829.361 For the year ending 31 2023 th¢ ¢lwity was entitl to ex&llption from audit under sectioll 477 of the Compani¢s A¢t 2(K)6 relating to small companics. Directors, responsibilities: The members have notrquired tbe company to 018in an audit of its financial Statements for the year in qu¢stion in accordance with section 476. The directtsrs acknowledge their responsibilities for complyiThg with the rcquixements of th¢ Ad wlth respect to accountillg record8 and the preparation of financial statanents. These finaucial 8tatemtrnts hav¢ Ixen prep in accordance wiib tb¢ provisions pliCAble to ¢ompanieB subject to the small companies, regime. The8¢ fancIal slataD¢nts w¢re approved by the board of truste¢s and autlLoris¢d for i88ue on ... . and are signed on behalf of the board by: . 2024, J W H Cave (Chaimiaa) Trustee Compally registration 07479975 The notes on pageb lil to 18 forni part of these flnancig15t*tements Page 9
THORISTm VIILAGE HALL AIYD PLAYING FIELD Company Llmtted by Guarantee Note5 to the finallclal statements Year ended 31 December 2023 l. General Inforniation The cFLarity is a public benefit ¢ntity and a private compally limited by guArant¥ registetEd in England and Wales and a regISted e]wiry in Ellglalld and Wales. The addr6ss of the registe] office is Thornham Village Hall. High strt, Thorn7], Norfolk PE36 6LX. 2. Statement of eompilance These financial statements have been prepared in compliance with FRS 102: 'The Financial Reportillg Standard applicable inthe UK and the Republic of Iland.. the Statement of Recommended Prdctice applieableto charities preparing their accounts in accordance with the Financial Reporting Siandard aEvli¢able ill the UK and Republic of Ircland (FRS 102) (Chatities SORP (FRS 102)) hnd the Companies Act 2006 and the Cftwitie8 AGt 201 l. The charity b&5 &ppiied UEdate Bulletin l as publi51LeAI on 2 Febnwy 2016. The chtty nStItut&S 8 public benefit tity 8$ defilled by FRS 102. 3. Aeeountlnz PDllcles (a) Bas1$ of preparatlDn The fllmllcial statements have on thc hi0¢81 cost ba8ts. The financial 8tstallents arc prepared in sterjingy which is the functional currency of the elltity. (b) Golng toncern The accounts bave been weparcd on the going concern FAsis and the Tnle¢S lIev¢ that no material unc¢rtaintie8 1St. The TnleeS have coll5id¢red the level of fund5 held aud the expected income at extthdillwe for the next 12 months frotll authorising these financial stalanents. The budgeted income and eXpenditLe is sufficiellt witb th¢ level of reserv for the Trnst to b¢ abl¢ ts conlinue as a going concffn. (e) Fund accounting Unre8tricted fimdy are availabl¢ for use at tlLe discretion of the TnJsl¢¢s in fith¢rance of the general objective& of the cljarity. Re8tTiCted funds are SUbJ¢¢a to r&8trictions on their expettdiknre imposedby the donor or tbrough the t¢rni$ of an appeal. Furtber explanatiott of the natureand PLwof each fimd is includedin the notes to the financial statements. Page 10
THORhWI VtLLAGE HALL LYD PLAYINC FIELD Comprlny Llmited by Guaralltee Notes to the fAuall¢lal Ststements (Cfmtinue Year ended 31 December 2023 3. Accountlng pollcies (continued) {d) Income All income 18 include41 ill the 5tat¢mellt of financial artivities when ¢ntitlanent has pass&1 to the charity. it is probable that the ¢¢on(Fmic benefLt5 associated the transaction will flow to the charity and th¢ amount an be rdiably m¢asured. The folloThing SifiC p)IiGi¢s 8r¢ applied to particular categories of income.. Income fron) donations or grdnts us recog[]Iy when ¢lw¢ 1$ ¢vIdCe of titlemeTht to the gift. reIpt is probable 8lld its amoiint ¢&n b¢ measured reliably. Covid support is iaclud¢d when received Inveslment in¢ome is includedwhen re£eivabl¢. Inc4)me from charitable 8¢tivities are accounted forwhen eanl Fund raising illcome 18 in¢ludoJ when re1veI {e) Expendlture Expenditure is TOgniSed on an a¢¢rnals basis as a liability 15 iucurrcd. Exp¢nditure includes any VAT which cannot be fully r0vered, and is Classified under headi1 of th¢ $tatem¢nt of financial activities to which it relates: EX[altUre on raising funib includes the ¢08ts a&8ociated with fundraising a¢tivities. ExndItr¢ on oharitsble activities includes all costs incurred by a charity in undertaking activiti that fiwLhcr ils charitsble aims for the benefit of its trxwficiaries. including those support costs and costs relating to the governan¢¢ of the CTr1ty apportion to charitable aCtIltieS. All w8t$ ar¢ &llocat&l to expenditure Categori refltIng the use of the re8our¢¢. Dir¢¢t C4)sts attributsble to a single a1vity are allated directly to thai a¢tivily. Share costs are ap[lottl between the activitie8 they contribute to on A reasonable> jU8tifiable and consKstellt b&8i$. {[) Tanglble asset8 Fixed &8set8 are 8tsted at cost of an less acallnulated dewttiatio Freeholdlond is inclUdbaSOO a valuation recorded by the LandRegistywhaL legd title was trallsferred to th¢ ¢harily. {g) Depredatlon Depreciation is calculated so as to write of the cost or valuation of an ass4 less its residual value, ovu the useful onoMiC life of that a88& 8s follows: Fixtur¢s and Fittings Freehold Building straight line 2% straight line Freehold land is not depreci&te(L Pagell
THORIWM VILLAGE EL4LL AIW PIAYINC FIELD Company Llmited by Guarantee Notes to the finfdncial ststements (cowlinue Year ended 31 December 2023 3. Accounting polidts (conlinued) (h) Stocks Stocks are measured at the lower of cost and estimated selling price le85 Costs to complete aud sell. Cost includes all costs of purchase, costs of conv¢rsion and otheTC05ts incu] in bringing the stockto its present lo¢ation and ¢oudition. (l) Flnanelal Instruments A financial a58e¢ or a fmancial liability is re¢ognil only wh¢n the entity becom¢s a paty to the contractual proTrisions of the instrumenL Basic financial instrum¢nts areinitiallyrecognjsaf th¢ #MoureCeivabl¢ orpayabl¢ including anyTelated transaction costs, unlcss the arrangement constitules a fillallcing trausactitm, where it 18 recognised &t the present value of the future paym¢llts discounted at a markct rnLe of interest for & $imi18r debt ln8tn¢nt. Current assets and aUTeUt liabilities are sthwtly measured at the cash or other consideration expected to be paid or receiv and not discounted. 4. Llmlted by guarantee The GILarity is a company limitedby guardntee and does aothaveany sharr lts1. The liability of memFKr in the event of winding up is limit¢d to £10. 5. Doll8tions alld legcle5 Unrostiicted Funds ReBtricted Funds Total Funds 2023 Don8tion$ ThOrn1M PlSh Coun¢il Friends of Thornham Village Elall Miscellaneous 2,750 2,750 2,000 220 220 4.970 4,970 Page 12
THORMIAM VILLAGE HALL AND PLAYING FIELD Company Limited by Guarantee Notes to the financial stslements <tid) Year ended 31 December 2023 5. Donations And l¢gacles (continued) Ullrestrict Funds R&trICt Total Funds Fullds 2022 Don8tlons Thornham Parish CounGil Friends of Th0ntha Village Hall 2.750 2,750 5,525 5,525 6. Charltable activitses urtrAGIca Funds Total Fund8 2023 14,314 Unrestricted Funds Total Funds 2022 20,866 Hall hire 20,866 7. Otber tradfing actlvities Unrestricred Fun(ts Total Funds 2023 40,296 1.613 25,301 12.440 Uare8trith Funds Total Fund8 2022 25.384 2,843 16.030 3,463 47.720 Car Parking CineTna Glub atLd theatr¢ Fulld rni$ing 100 Club 40296 1,613 2).301 12,440 25.384 2,843 16.030 47.720 8. Investment Income Unrestrict¢AI Fwid5 Totsl Fund8 2023 508 Unrestrictcd FurLds Futlds 2022 B8nk inttrest receivable 508 68 68 9. Other income Unre5trtcted Funds Unrestricted Totsl Funds Fund8 2023 2022 207 207 Auction proceeds 207 207 10. Costs of otheT tradlng aclivitie8 Unres¢ri¢ted Funds Total Funds 2023 Unr¢stri¢t¢d Funds Totsl 2022 5,970 2,558 4,537 13.065 Hall Hir¢ ¢08ts Cineffla Club and theatre expeDs&s 5370 2,558 458 23.846 458 23,846 24,304 Pag¢ 13
THORNHAM VtLLAGE HALL AJYD PLAYING FIELD Company Llmited by Guarantee Notes to the financial statemellts [tinUed) Year ended 31 December 2023 11. ExpendLture on ¢harlt&ble activities Unrestti¢t¢d Funds 4,069 3,532 2,324 22.811 24.258 3.568 348 157 18,992 1,626 Restiicted Funds Total Funds 2023 4.069 3,532 2,324 22.811 24.258 3.568 348 157 23,227 1.626 Light, heat and water Insurall¢e Postage, stationery alld tsl¢plLone Admini5tratioll expenses Equipment, repairs andmaintellaace Cleaning and mis¢¢Uaneou8 Mketing and saics promotion Health and 8afcty 4,235 Bank & Card ¢harge4 Governance costs 4.235 88.840 Unrestricted Funds 3.113 2,959 1,109 15,355 27.328 2,548 430 896 20.916 2,319 1.915 78.888 Re$trictwJ Funds Total Fund8 2022 3,113 2,959 1,109 15,355 27.328 2.548 430 896 34,622 2,319 1,915 Light. h¢at and water Insuranc¢ Postagc, stationery and tel¢phone Administratioll expenses Equipment, repairs and maintenance Cleaninty alld misce11anuS Marketing and Sal promotion Healtb $d safety Depreciation Bank & Card charges Governance Costs 13,706 Analysis of govern4n¢e ¢osts: Total Funds 2023 Tolal Funds 2022 Illdeptdellt examination fees Accountancy fees 1,465 1,380 535 2,920 Pag¢ 14
THORNHAM VtLLAGE HALL AM) PLAYING FIELD Company Llmfited by Gurdfrdntee 'otes to the financlal 8tAtements (cvntimie41 Year ended 31 De¢ember 2023 12. Net Income/{expenditure) Totsl Funds 2023 Total Funds 2022 Net incom&l(eXpenditte) is Stated after chargi. Depreciation of lallgible fix¢d ossets 13. Independent examlnatlon fees 2023 2022 Fees payabl¢ io tb¢ independent examiner for. Independent eXan)Ittion fees for the fillaD¢ial statanents 14. Staff costs 1,380 No salaries or wages have been paid to employee8, induding the TDJStees, duTillg tILe year. 15. Trustee remuner8tion expen6es During the year the TTusts¢s were Teimburscd foryurchases made on iKhalf of th¢ charity andmillor nece88ary and authorised out of pod(¢t expenses. as sUrtuat16td b¢low. 2023 2022 J Wadmm JWHCave Mrs S C Herbert 459 56 473 473 Page 15
THORNHAM VILLAGE HALL AND PLAYING FIELD Company Limited by Gugdrantee Notes to the financial stydtements 1tx)ntinued) Ye*r ended 31 December 2023 16. Tangible fixed #syets Freehold land Fixthres and Freehold building Total Cost At l Jalluary 2023 Additions 15.(K)O 171,607 4,517 176.124 807,221 993,828 4,517 At 31 December 2023 15,(N)O 807,221 998,345 Depre¢iatioll At l January 2023 Charge for the year At 31 De¢ember 2023 163J58 01 142,215 17.725 159.940 305,573 168,859 328,800 Carryillg amount At 31 December 2023 647281 669,545 At 31 Decnber 2022 15,(K)O 8.249 665,006 688,254 A legal charge of £475.910 is held by the Big Lottery Futtd over the building for next 10 years. Sports England also have a legal charge over th¢ playing field for the next 24 YGYS. 17. Stocky 2023 2022 Sto¢k 1,527 18. Debtors 2023 2022 Other debtOTS 4,122 382 19. Creditors: Amounts falling due withill one year 2023 2022 Trade creditors Accruals 4,030 2,696 5,4lO Page 16
THORNHAM VILLAGE HALL AND PLAYLIG FIELD CompaThy Llmlted by Guarantee Notes to the finAnelrdl statements (uJnlinue49 YeY4r ended 31 December 2023 20. Taxarfon No provision is made for taxation &8 the compatLy is & ¢haTity entitl1 to the variou8 ¢xoDptions afforded by the Corporation Tax Act 2010. 21. Antysi8 of charAtable fvnd$ Balance at I JAll 21)23 In¢ome Expendlture Transfers Ba1ce at 31 Dec 2023 Re$tri¢ted funds Big Lottery Cricket Field Play Area 475,910 (1.548) (2.687) 475.910 480,145 (4235) 475,910 Unrestrlctsd fullds General funds 349.216 829.361 99.442 108,909 113.144 339.749 815 659 Balance at l Jan 2022 Income Elld1tUre TraDsfer8 Blance at 31 Dec 2022 Restricted flllld8 Big Lottery Fund Cricket Field Play Ar¢a 475.910 12,282 15,159 503,351 475,910 1,548 (10,734) 9,500 (9,500) (13.706) 480,145 Unrestricted fimd8 General funds 358 283 861.634 77.114 77.114 95.681 109 387 9.5(M) 349216 829,361 Thc Big Lottery Fund- r¢presents fjjnds receiv ftDm the Big Lottery Fund to establish a new village hall. A legal charge of £475.910 is held by the Big Lottery Fund for the next IQ vears. CrAck¢l Fi¢ld- r¢ry¢s¢nts funds received fiDm s England in relation to football pitch improvcm¢nts and new cricket square. Sports Eagland have a legal charge o*er tbe pla)iug fi¢ld for the next 24 years. Pag¢ 17
THORNHAM VILLAGE HALL AND PLAYLNG FIELD Company LInted by Gurdrantee Notes to the flnancial statements (eontirtued) Year ended 31 De¢ember 2023 22. Analysls of net assets between fulld5 Re5trithed Funds 475.910 Total Funds 2023 669,345 [48,810 2,696 815 659 Funds 193.635 148.810 Tallgible fixed assets Current assets Creditorn less than l year Net assets 339 749 475,910 Restricted Fund8 480.145 Tot41 Funds 2022 688,254 146,735 Funds 208.109 146.735 Tangiblc fixed &ss¢ts Current assets Creditors le88 than l ye Flet assets 349,216 480.145 829,361 23. FiDclaI Instruments The carrying amount for each category of finaDcial ingth)m¢nt is as follows: 2023 2022 Financlll assets that are debt Instruments measured at amortised $t Other debtors Sto¢k 4,122 382 1,170 5,649 2023 2022 Flnanclal 114bllltSes )neasvred at amorti5ed cost Trad¢ crcditors Accruals 4.030 1,380 2.696 Page 18