COMPW4Y REGisfRATION NUMBER: 07539894 CHARITY REGISTRATION NUMBER: 1143263 Newbrough Town Hall Company Limited by Guarantee Unaudited Financial Statements 28 February 2025
Newbrough Town Hall Company Llmlt•d by Guarantso Flnan¢ial Statsm•nts Year ended 28 F•bruary 2025 Page Trustees, annual report (inoxporating the directorfs report) Report to the board of trustees on the preparallon of the unaudited ststutory financial slatements Statement of financial aclfvllles (Indudlng income and expenditure account) Statement of financial position Notes to the financial statements
Newbrough Town Hall Company Umltsd by Guarantse Trust••s' Annual Report (Incorporating th• Dirèctorfs Report) Yoar ended 28 F•bruary 2025 The trustses, who ar8 also Ihg dirg¢th for the purposes of company law. prosent th8lr report and the unaudlted fflnanclal stataments of the chwityfor Ih& par ended 28 February 2025. R•f•r•nca and admInlstratl d•tsll8 Reglstered charlty name Nevttjrough Town Ham Charlty r•Wstr•tlon numb•r 1143263 Company woglstrnllon numb•r 07539894 PrInP 0ffl¢o and r•glst•r•d Newbrough Hal Newbrough Hexham NE47 SAR Th• trusts•s N nghaM {Co chan) S Rob8on (Co Chalmian) K East Accountants Northumbarland AGentantS Umhed Russell HOle Greenwell Road nvAd( NE66 1HB Strueture, gtsv•rnan and manap•m•nt Thè Company as sot QLrt irs ts artlcles of assctlatK>n. was that of a regl8tered charlty provKfKig a publk hall for tralning and reCrn for the benefft of thè inhatAnts of Ihe Parishes of Newbrough and Warden ond Ihe lmff1ats vlctnty. The company has a SubSJ1ary. N8wbrough Tradlng Limitgd vthlch ralses fund$ through OFeratlon of Ihe bunkh5& and donates its profits to charity.
Nowbrough Town Hall Comp•ny Lknltad by Gwrant•• TnwtooB' Annual R•port (Incorporntlng th• Dlr•¢to¢8 Roport) Year •nd•d 28 F¢trU 2025 The u8e ofthe ha cows &ld• rvffjo ofgth1I•s Badmlrton. C• pii•• •xIYo Rttr•a1NJrdlComThMty. M ma•tlny And •clbaibs. * 8BrbetyJ< Chrl%kn¥8 tsir wd wlwte ford4¢hn. naM1 and bhiggwd quvL•NTn¥4• we • rewlar ba$. IhD yew Iho A8 rK•lwd IrKw•for B •wl••, w•nt lrtom4 hh•, wrtsl ofth•lat y•xtot4 Inc•m• £34,415 (2D24.. U5.9431 to a d•fidt of£10.53112024.'iurFkn of £2,5861 The trtst¢e¥' r•ii HPW4Y4d on 8 No¥ambw 2025 Ilwed on b•hY of Ih board S Rob {Co Chwrn)
Newbrough Town Hall Company Llmlted by Guarante• Report to the Board of Trustees on tho Proparntlon of the Unaudlted Statutory Financlal Stalemonts of Nowbrough Tovm Hall Year ended 28 February 2025 As descrlbed on the statément ot financial positson, the tN8tees of the charity are responsible for the preparation of the financlal stat8ments for the year ended 28 February2025, thich comprise the statement of financlal actlville8 Ilncludlng In¢cffne orn1 expendlture rtI, $tslement of finandal posluon and fv related notos. con51der that lh8 chartty Is axempt from audtt undei the CcMnpanle8 AL* 2006. In accordanco wlth yrsur Instructlons ha complled these financlal gt8temenl8 In order to &89iSt you to fuffii your staw respons1lItIeS. from thg aG¢ounllng records and Irom Infomatk)n and explanatth8 8uppJled lo us. On btsh811 of NORTHUMBERLAND AcCOUNTAs LIMITED Russell Housg Greenwell Road Northumbèrfd NE66 1HB 6 November 2025
Newbrough Town Hall Company Llmned by Guarantee Stat•mont of Financial Actlvltles (Includlng Incomo and eXpendIre account) Yr •nd8d 28 February 2025 2025 2024 funds Totsl fund8 Totsl fijnds Income and endowmgnts Donalions and legades Charitable actlvllles Other trading activitles Inveslrnenl income 20,500 10.031 14.986 426 15.043 18.269 223 15,043 18,269 223 Total In¢om8 34A15 34,415 45.943 Exp•ndltur• Expendmure on r8lslNJ funfls: Costs of other trading acUvltle8 Eyndilure on ¢*aritabl8 acllvltl8s othgr expendliure Tgtal 0XndIrn 11.124 12.791 21,031 11,124 12,791 21,031 44,946 11.124 11.145 21,088 43.357 10,11 12 Net {expendlturnylncome and n•t movement In fund8 110,531) (10,5311 Re¢onclllallon ol funds Total funds brought forw8rd Total fvnd8 carrfffll fotward 38,434 27,903 38.434 27,903 35.848 38,434 Thg Statgmènt of financial actsvitses includes all galns and lossos cOgnIsed In the year. All income and expendlture dèrivo from continuing activf(k85. Th• not•• on pages 6 to 13 fomi wt ofthese flnundal •tat•m•nts.
Newbrough Town Hall Comp•ny Lhnitod by Guarants• Slatwnent of F1Thand Pali0n 28 Fth•ry 2026 Tfflrybl•fY •sets 11529 18.761 17 1.727 19.301 21,028 C••h tt•nk 41 In hand 13.822 16.729 16.374 27.903 1983 27,903 27.803 38.434 3B.434 Tot1 tlltyf• Ihe •nthng 28 FeIY 2026 cArlty £nOllod kn ¢Y•mKkn wkl•r wckn 4T1 Th• ffiombm Th)t r•ryw¢d tr¢e to ¢ttskn of 4• frnwxl #atom fty th 5ubjxttoth• •maU ¢¥JmpwW regThe. NvMittt2025, ar•1 *nfjd bWollhe bowd ty. N Sprkkn ICO TN S FlObB (Co Ch•lm Truot•o
Newbrough Town Hall Company Llmlted by Guarantee Notes lo the Flnancial Statoments Year •nd•d 28 February 2025 General InfomMtion Th8 cherty is a publlc b8n8frt entlty and a privat8 ctynpany lThited by guarant88, r4glst•rgd In EnglaThd and wa and a wistered charKy In England and Vvales. The address of tho rgglstered 0ffl¢018 Newbrwgh Town Hall, Newbrough. Héxham, NE47 SAR. I Statèment of ¢(xnpllance These flnanclal statements have been prepared In CA)mpli8nce FRS 102. The Finandal Reporting Standard appllcable In the UK and the Republi¢ of Ered., the Statement of Rewmmended Practlce aprAicable to charities preparlng their accounts In accordan¢e wth thg Finandal Rewtln9 Slandard applicable In the UK and Republic of Ireland IFRS 102) (Charities SORP {FRS 1021) and th9 Companles Act 2006. Accountlng pollcl•s Basis of pr•paratlon The fina141 statements have bB8n preparod on the hlstorkal c05t b3815. as modlfi8d by the r8valuotM)n of certaln financial assets and IlabllllSes and inves¢mgnt PTopoTlies measured at falr volug through irKome or expèndilurè. The f#)an¢ial statements are prepared in storllng, wh1( Is tho funrjbnal ¢urrgnry of the entity. Golng conc•m Th8r8 no materlal uncri8inlie$ about charivs ablltyto tt¥r)Ilnuo. Ctynsolldatlon The charlty & not wulred to prep8f8 con$olidoted aounts In accorda• the Charilies Act 2011. 0ry1 ha8 tsken advantsge of the opth)n not lo prepare ¢onsolldatod flnandal 8tstements ¢taIned in Seclk>n 398 of the Companies Acl 2006 on the basi% that Ihg charfty and its subsidiary undertakings LxmwS80 8 8m8ll group. Judgements and k•y sourc0¥ of esllmatlon unc•rtalnty he preparalion of th& financial statements requlre8 manorneDt to make ILklgements, @stimot arxl aSsump0n8 that affect the amounls reported. These 8stimate5 and judgernents 8r& continually rÈvleb%ed ond 8re b88ed on eyrience ond olher factors, IrlUdIng pd3t10n¥ of futur• events that aTe believed to ba reasonable rer the ¢lrcwmst8nce&
Newbrough Town Hall Company Llmlted by Guarantee N•)t•s to th• Financlal Statements fwilinu•dJ Year gndod 28 February 2025 & A¢¢ountlng pollcles Fund accountlng Unre8trlcted fund8 avalabb for use at the discrellon of th8 trustees to futher 8ny of the chaws purp0888. Designated funds are unrestrictod funds eamiarkèd by ts trustees for p&Ular futtTO Ptdoct or commllmenl. Restrlcted fuThJs are subi8Ctad to restrictions on thelr expendituro dg¢lared by the dcfK>r or through the terms of an appeal, a¢KI fall into of kn¥0 suk4asses.' restrictsd Income turKls cf gndovrnt funds. Incomlng resource8 AN incoming resources are Induded in th• ststement of fin8nclal advili88 wlw enllil8menl ha8 passed to the charty. h Is probgble that the economic bèneffts assodat•d the tran¢1k)n wll Ilow to thg chgrtty ar the amount can be rellably megsured. The lollovAng 4)ecMk wllues ar8 appFd to plIlar ¢8tegorfes of Income: Income from thnatw)ns or grar)ts 15 recognwd vh)gn there bs ovid•rt8 of entiuement to Ihg 91ft. recety18 probabb8 and 5ts amcwnl can be measured réliably. legaoy kncome is recogni8ed en recewt Is probable and entidement Is estsblish8d. Income from donated goods is m8asur9d at falr valua of Ihe gc¢d$ unless thls18 Impractkal to measure reliably, in lch case the valu8 is derived from the cost to the donor or the estimated resale valuè. Donated facilities and are regnIsell in the aCCnts recebved If the valuo bg reliably measured. No amounts are induded for Ihg contribution of ggn8r81 volunteers. Irthme from conlraets for th8 $uppty of sethc88 Is r8cognised the ddlvery of the contraGtsd SÈNiC6. This 1$ dossified as unrestrlcted funds unl8$s Ihere18 a (#)ntractual requirèmènt for it to be spent on a particular wrpose ar relumed rf unspenL In vknlch tasg it may be rogarded as
Newbrough Town Hall Company Llmlled by Guarant•• Notes to the Flnanclal Stat•m•nts (¢onthy•rfJ Year ondod 28 February 2025 Accountlng pollcle• R•sourc•s •xp•nd•d Expendknrn is re(y)gr¥sed an acCnlS ba816 88 a lbIlIty is irU&1. Exp8ndlbJre Includ88 any VAT which cnnol bo fully re(x)v8red, and is ctas5ified U18r headlngs of the statement of financlal actThities to it relates: eXndItre on raL8ing lunds Include8 the costs of all fundralswlg o¢llviligs. event8. non Charitab trading actiwties. and the Sale of donated goods. expendrture on Gharitable actIVleS includos al costs incurTed ty a cFArlty In undertaking act1w$ that fijrther Its charitabte aims for Ihg ben8fft of Its beneficiaries. including thos8 supp)rt costs and o)sts relating to ts g0veman of the charlly apporiion8d to ¢harStabl8 olher eYpèritur• indudes am expenditure that Is neither retoled to raSslrvJ fund8 for the chadty nor wt of its expeThliture on CharIt8b actmtles. Atl costs are alkxaled to expendire categorl88 rell8dng the u¥9 of the resource. costs 8ttributabte to a $5ngle aetsmty are allocated directy to that a¢tity. Shared costs ar& aprf8d betsyeen the acllv511es they contribute to on a reawblg, justifiable and cxmslstent basts. Tanglbh ass•ts Tangible assets are inltlaly recorrfed at cost, aNI subsequenY ststed at cost les8 8ny accumulat8d d8pr8ciaticfj and Impainnent Ios6è6. Any tgngib19 assgts cathod al r8vahJ8d anThJunts are racorded at the fair value at the d8t• of rgvaluation les$ Y siJbsequ8nt accurnuL41ed dgpreciation and 8ubsequerrt xcumulated IMpaient losse8. An Increasa in thg Garyng amount of an asset as a rasult of a revalu8llon, Is recognls8d In other recognised gans arNJ losses. unless it rgVgrsg$ a Charye f(¥ Impalmient that has previousty b recognlsed 88 endrture wthin th8 statement of financial actmlles. A d8crea$? in tre carryirwj amount of an asset as o result of revaluallon, Is recognised In other r8CalSed gains and losseg, excèpt to ¥thich 11 offsets any previous revaluation gain. in whlch case the108s b shown th other r8cognis8d and10s8e8 on the statsmenl of finanoMI aclMtI88. D0CIatIOn Deprecialbn Is calcvlaled so a8 to write off Ihe cost tr vhlu8llL of an a8s81, Sts resldual value. over the u8eful economk Ilfo of that asset a8 follows: Flxlures and ffttINJ$ OffKo equlpmenl 25% str81ght Ilne 50% stralght Ilne Impalrni•nt of flxad wets A revi for indicators of impainnent 18 carried out al ga¢h r8POrtiry date. vAlh the re(x)verabl8 amount b9ing estimated where such indicaiors exist. Where the •ng Val exceeds the rgcovgrabb am([ the asset 18 ImWrl ac¢orthNJty. Prb)r impaimients are $0 rèvith*d for )$8ible reversal al each repoTts)g tjate.
Newbrough Town Hall Company Limit•d by Guarantee Notes to the Flnanclal Statements (¢ontlnu Year ended 28 February 2025 Accountlng pollcles (wilthu•¥ Impalrment of Ilxod asMts (G(thMKdJ For the purposes of Impainnent tesling. Ythen tt15 not posslble to eslkn)ats Ihg ro¢overable amunt of an tr1ddUal assel, an estimate Is made of Ihe recoverable wUnt of the CaShenerating unf( to whlch the asset belongs. The casweraling unit is the 8maJle8t klentlnable woup of as5els that Indudes the asset and generatss cash inflows that18rgely indep8ndènt of tho cash inllows from olh8r assets or groups of assets. For impairment 18sting of goodwll. thè gooth¥ill acquwgd In a buslness combInatn Is, from ihe qur8ition date, allocated to each of tho ¢aslwgn8rating unrts that are expectsd to benefft from Ihe synergles of thè combin8tM)n, i've of whettw other ats or liabilili8s of the charty a5slwed to those unlts. Fln•n¢l•l In•tNments A financial asset or a finan81 liabllity is rfjTr)gnis&l thy vh)gn the charfty becomos a party to the contractual prowsM)n8 of thg in$trumonL Basic financial instruments are Inltslly recognlsed al tha amount re¢efvabl8 or Pae hcfudlng 8ny rdated transaction costs. Current ass&ts and current liabilth awe 8ub8equenlly mèasurèd #t th• tssh or other ¢on4derallon aXP8¢tod to b? paid or recelved and not dlscounted. Debt Instruments are subsequènly measured at amortbed cost. Where Investments In shares are pIdY traded or ther fair value (an othebwlge bo measwed rellably, the Invesknenl is gubsaquenuy m¢asured at fair valu8 changes In fair value recognlsed in income and g¥pendir0. All 0th8r such Investsm8nt8 aro subsoquenty measu¥8d th Gost less imparm0nL other finandal wthments. knduding dwivBtr3, are re¢>yJn18ed at f8lr value. unl888 payment for an assat is deferred beyond nom)al business tem)s or fmnced al 8 rate of interest that is not a market rate, in lch case the asset 18 measured al thg present value of the future payments discounted at g market rate of intwest for • similar debt instrume Othor finar)dal instrumonts arg subsequenlly Measur at falr Va9, wlth any chang88 rgcognlsed In the ststemént of financial avItIes. wKh the exception of hedglng Instruments n a d661gnated hgdgng relationship. Flnanclal assets that are measured at Cost or amortised Gost are reVIed for otyecthm dence of impairrngnt at thg end of reporbng datg. If thorg is r*)lective evld8n¢6 of impainnent. an impaim)8nt1088 18 recognlsed under thé appri¥)riate heading in the statemenl of financial acMi•$ in vthich tha Inmlal galn was r8cogThsed. For eqty Instruments regardless of gnfft#n¢e. and other fflnanclal assets that are indhklu81 shjnificant, th888 are assessed indNidu8lly for impairment. Other financlal assets are esther assessed 5ndividual or group8d on th9 basis of mar credit rfsk ¢haracteristKs.
Newbrough Town Hall Company Llmitod by Guarantso Notss to the Flnanclal Stat•m•nts (oDnUnu•d) Y•ar ended 28 Fobruary 2025 A¢Munllng pollclDs (Gonthiwd) Flnanclal Intrum•nts [conthwd) Any reversals of impaiment are recognised immedlatety. to the extent that tho reversal does not resutt In a carrying amount of the financial asset that exceeds what th& CaYing amount would hav• been hod the Impalrnent not prevh)usty be8n rwnlsed. Umrtfjd by guarantee The liability of members18 Ilmtted to £1. Every mgmbgr of thg company undertakes to tntribLrto tt> the 8ss818 of the company in Ihe event of tt being wound up while he is a member or vAthin ong ygar of hkn ¢ean9 to be 8 member. The contrfbutK)n shall be for payment of the debts and 118bilil$ of the compary ojntractad while he was a member and of the costs. charges or expenses of windlng up and for tho adlustments of tho rhts of the conlribuknias amongst themse0&. Each memLrfg ¢onlribution shall not exceed £1. Donatlon8 and legaele• UMestrict8d Total Funds Unr8strlcted Total Fund$ Funds 2025 Funds 2024 Donallon• Donalknns 880 20.500 20.500 Cherftable actlvllles unrestric Total Funds Unraslri¢tad Told Funds Funds 2025 Funds 2024 Chgritblg aclivi9& 15.043 15,043 10,031 10.031 otr tradlng actlvltles UaStrIcted Total Funds Unrestrlcled T¢lal Funds Funds 2025 Funds 2024 Hall and room Nre Rent Wl bulldlng 12.269 12,269 6,000 14.986 18,269 18,269 14,986 Inv•stmerrt Ineome UreSteted Tolal Fund* Unreslricted Total Funds Funds 2025 Funds 2024 Bank inlar8St receivabte 223 223 426 10
Newbrough Town Hall Company Llmlted by Guarantee Notes to tho Flnanclal Statements Year ended 28 February 2025 Costs of other tradlng actlvlth Unrestrfcted Totsl Fund• UnreslriGted Totsl Fund8 Fund$ 2025 2024 Costs ol other tradiffj *ctiwtie$ 11.124 11.124 11.124 11,124 10. ExpondJtur• on ¢harflabl• aetlvitlès by fund Unrestrictwj Total Funds Unrestrlctad Total Funth Funds 2025 Funds 2024 Charitable actbvities 12,791 12,791 11.145 11.145 11. Exp•ndlluro 1)n charltable activit•Ès by actlvlty typ• ActIvRS undertaken Total f directly Totsl fund 2024 2025 Charitotle activiti08 12,791 12.791 11,145 12. Oth•r •xpendltur• Unrestrlcted Total Funds UM•stricted Toial Funds Funds 2025 Funds 2024 Buildlng arKI operational (csts 21,031 21.031 21,088 21,088 13. Nfrt {axp•ndltur•)nncom• Nel {expeThltturelknome Is stst&d after ChIn(CrOdltry}. 2025 2024 D8pre(#atDn of tangiue fLxed assets 8.222 1& Staff The av8rage cfjunt of employoes durirvJ th8 Jarwa$ 1 {2024: 1}. No wnpbyee recgfved ernpkn b8n8fi18 of rn0 Ihan £80,000 duritvj the yoar12024'. NIII. 15. Tn remuner•tlon and •xp•n8•8 ND remuneratK)n other beneffl8 frcfft 8mploymenl wSth th8 eh8rity or a relaled enlty were recthed by thè trust805.
Newbrough Town Hall Company Limitsd by Guarantse Notss to the Flnanclal Statements (conUnu•dJ Yoar ended 28 Fobruary 2025 16. TangIb Ilx•d a#s•ts Fixtures and fitthy Equlpm•nt Total Cost At 1 Mar¢h 2024 and 28 February 2025 D•proclatlon At 1 March 2024 Charge for the At 28 F•bNary 2025 C•rrylng amount At 28 F•bN•ry 2025 At 29 February 2024 3.619 32,684 10.314 6.222 16.538 3,619 13.933 3,819 20,155 12.529 12,529 18,751 18,751 17. D•btorn 2025 2024 2.907 1.727 I& Cmdltorn: amounts falllng due wlthln on• ar 2025 2024 Other (¥editor8 1.345 19. Ana13 of charftabk fund8 Unr•8trlctsd fvnd 28 February 2025 1 March 2024 Incomo ExpondltrJr• Unrestricted fund 38,434 34.415 144,946) 27,903 At IrKX)me ExperKliiur029 F8bnwry 2024 1 M¥eh 2¢)23 Lknr88tricted fund 3S,848 45,943 143,3571 38,434 12
Newbrough Town Hall Company Umlt•d by Guarantee Notes to the Flnanclal Statsm•nts (th)n Yoar •ndod 28 Fobruary 2025 20. Analysis of ngt assots b•tw••n funds Unrestricted To141 FundB Fur 2025 Tanglble fixed assats Current assets Credllors less than 1 12.529 16.n9 11.355) 27.903 12.529 16,729 {1,355} 27.903 Unrestrlcted Tt)lal Funds Funds 2024 Tanglbl8 fixed assets Currant ass•ts Credltors Fess than 1 Jtar 18,751 21,028 {1,345) 38,434 18,751 21.028 {1.345) 13