THE SHEPPEY HALL TRUST CHARITY REGISTRATION NO: 1147390 REPORT AND ACCOUNTS FOR THE YEAR ENDED 1 APRIL 2024 CONTENTS PAGE Trustees. Report Independent Examinerfs Report ReIpts and Payment Account Statefflent of Assets and Liabilities
THE SHEPPEY HALL TRUST TRUSTEES, REPORT The trustees are pleased to present their annual pCt tts3ether wrth the retsipts and payments aw)unt of the chanty for the year ended 1 April 2(r24. ADMINISTRATIVE DETAILS Charity registration number 1147390 Principal address Kendor Lodge Chequers Road Minstgr on Sea Sheemess Kent ME12 3QL Trustees P J Monald C D Fouids N C MOltr M D Hawkin$ Independent Examiner Paul Billing FMAAT Billing & Co Limited Tudor Lojge AuStine Road Minster on Sea Sheemess ME12 2LZ Bankers HSBC
GOVERNANCE Gove in Docurrent The charity is an un)rpOrated assfxiatKM govemed by a trust deed dated 25 April 2012. intment of Trust$ The charity is adrn1nte ty its trustees whose number shall be at least three parsons. all of whom are appointed for a tem of years by a resolLrtion o the trustees passed at a special meeting. A special meeting be called at any time by the chair of the trustees or hyo other Irustees and ty giviro 21 days notice. In selecting individuals for apwintmerrt as trustees, the trustees must have regarf to the skills, knowledge and experience needed for the effective administration of the charFty. anlsation and Decision The trustees must hold at least meetings in eh year. At the firs1 meeting in each year they shall elect one of their number trj chair the nEetings unts'l the first such meeting in the following year. Risk Man emen The major risk$ to which the thanty is exFX)sed, as identifd by the trustees, have teen reviewed and systems or proureS have been established to manage those risks. BJECTI S AND ACTivinES b'ecbves The objecls of the chanty are the provisvJn and maintenance of a community centre for the use of the inhabilanls of Kent, path'cularty those of the Borough of Swa. The communrty centre is for meetings and other forrr6 of recreation wrth the object of improwng the condrtions of life for the inhabitsnts. ms and ACtiv.eS The charity has a long lea$e at a p8ppercom rent on the property kn¢xvn as The Sheppey Hall in Borough Road, Queenborough, Kent. The charty aims to maintain the propety to a surtable standard to Cornp wrth safety and disabled accEss regulatt'ons so th rt can be used by local groups that meet the objectives of the charity.
Public Benefit In accordance with sethon 17{51 of the Charities A(* 2011, the trustees have had due regard to the guidance published by the Charity Commission on the requirement that the objethes and work undertaken by the charity are in line with charitsble objects and do provide Lwefft fr)r the wbti¢. The charity offers a hall suitatrAe for local grp5 who wish to meet and cary on surfable recreational activites. ACHIEVEMENTS AND PERFORMANCE The hall refurbishment phase one of the offwx completed, but phase two is still to come and the ground ftoor is still in a very Fwr conditi.on wrth rrfft sts"Il to do. Works were managed enabling the hall to be hired out for communty use. Grants were recewed by way of a Natn81 lottery award of£9,009 towards the refrJTbtshmenL QueenroUgh Fishery Trust £4.420 and Kent Community foundatson £1,3CKJ. Income from the use ofthe hall including office rentals to £21,281 which exceeded pr&pandemtc levels and shows )W rnL the [bIshed facility vras needed. FINA IAL REVIEW Revtew of the Financial Posi Duftng the year the charrty recewed £21,281 from hall hire and office rental and £14,729 from grants and other sour. Expendrture tolalled £35.639 including £1.468 of fvnds restncted for the hall refurbishment. That left a surplus of £371 for the year and funds being card forward of £6,724. Restricted funds brought forward fDr the hall refurb1Shrr were wative as grants received in this year were intended lo defray the total rA)sts incurred to date and wrth further grants of £14,729 with only final finishing costs of£1.468 the year end negats.ve restricted fuThJs balan was gready reduced lo £2,394 negatsve. Following the ftjrbIShffnI the rental income has greavy increased leaving after expenses a positive unrestricted fund balance of £9.118. This leaves iotsl funding at £6,724.
ReseNes Poli The trustees have examined the need for reserves and require working capital to maintain the building, particularly for unforeseen repair¥ and should income from the hall reduo. As a result of the refvrtjishment woiks, It is hoFed that the need for repairs to the f%"rlrties is minimised for a years. Afxordingly the need for #ignfficant raseNes is not Uld. Trustees, Res nsibilities Law applicable to charities in England ad Wales requires the trustees to Ppare financial statements for each financial year which grve a true and fair view of the ChIty'S financial activItS during the year and of it8 financial posits.on at the end of the year. In preparing financial statements gwing a true and fair view, the trustees shouid follow best pracb.ce and.. SBlect yjitable ac£ounting polws arKI then appty them consistentty Make judgements and estimates that are reasonab and Prudent State wheth&r applicable Accounb"ng Standards and Statements of Recommended Practice have been followed, subject to any depathres disclosed and explained in the financial Statements", and Prepare the financk31 statenEnts on the going tr)nc£m basis unless rt ts inappropriate to assume that the chanty will continue in IlnesS The Irustees are responsiNe for keeping Proper accthinting records disclose. with reasonable accuracy, the financial position of the Gharity, an¢J whrch enable them to both artain the financial positHJn ofthe tharity and ensure that the financial staterrents cornp with applicable law. They are also responsible for safeguarding the assets ofthe charity and hence for taknng reasonable steps for the prevent.on and detection of fraud other irreguiarrties. Approved by the trustees on 24 March 2025 and signed on Iheir behalf P J MacDonald
INDEPENDEKf EXAMINER'S REPORT TO THE TRUSTEES ON THE UNAUDITED ACCOUNTS OF THE SHEPPEY HALL TRUST I report to the trustees on my examinab'on of the axounts ofthe Sheppey Hall Trust (the Trusll for the year ended 1 Aw'l 2024. are set crt on pages 6 and 7. RospcxMibllltie8 and basis of report As the charity trustees of the Twst you are resF1bIe for the preparabon ofthe accounts in accordance with the requirements of the Charibes Act 2011 (Ihe A£f). I rewrt in respect of my examinatNJn of the Trustee's ac(wnts camed out under section 145 ofthe 2011 Act and in carrying out my examination I have foll¢)wed all the appluble Diract given by the Charity Commission under section 145(5){bl of the 2011 A Indepgndent examine$ 8tal•ment I have completed my examinabon. I confirni that VKI material matter5 have come to my attentn in ¢onnection wrth the examination giving m8 cause to believe that in any materk?I respect Accounting records were not kept Wi respect of the Twst as required by section 130 ofthe Art or The accounts do not accord with those records I have no concerns and have conE across no other matters in o)nnecb"on with the examination to which attention should èe drawn in this report in der to enable a proper understanding of the accounts to be reached. Paul Billing FMAAT Billing & Co Ltd
Un Un-restrlcted and totsl RECEIPTS Incornefrorn office rentab Incomefrom use olhau Other Incorne Loan fromtrustee £.793 £.7$ £8A88 £8.488 È12.902 £1.400 £4.100 Grant5 Queenborough FisheryTru5t Nationallottery Kentcommuntyfoundion Biffa awar¢J Swale tK>rough council - b¢ji1ri[npr0Vements £4420 £2.912 £9,009 £1,300 £1.3) £15,IXIO £3.175 TOTALRECEIPTS £2V81 6.0 £39A89 PAYMENTS Chariiabie acmies Refurb.of hail PurGhase otcciv Legal & anningfees Repair5 & Maint. of h1 Healing& power Insurance Telephone Managernenifees Administrationfees Bankcharges DepoS[ts-1Mbrse Other costs £1,468 £1.468 f23.375 £4.662 Éo £S79 £2,918 £1.251 £532 £1,070 £4530 £70 £5.265 £753 E746 £15,866 £9.412 £60 £300 É7S3 È746 É15.866 £9.412 £11 Govemance IndePendentcourntsfjee £1229 £1.229 e750 TOTAL PAYMENTS in £4639 39,748 NET INCOMEIIPAYMENTSI £13261 E371 1£2591 Ca5hfunds atthe bewnn1ngollhear lll5.6551 Éa(*)8 £6.612 CASH FUNDSATTHE END OFTrIEYEAR 25.1 £6J53
¢H FUNOS Cash at bankand in ha . fesrricte¢J 1£2.3941 £9.118 1£15,6551 £22,008 Totrl ASSETS pErNED FOR THECHARrrrs OWN IISE Long lease otsheppey HatL B(Kough Ro•J. Queenboi 3x4Olwtcontainers. used ftwstora8e UABILITIES indepen(leTrtexamIrs fee Loan iepayable to trustee The accounts have been wepared onthe receiptsarKF pawnents bastsuThJerthe hlst0rThlcostcon1.0n and in accordance wtfthe ChaittiesAct2011. Restricted funds have tew ¢EdIOnIatett haL ¢)therlunds a UnresbiC in thdruse. The¢hartrLeesWe Wpaklo¥reirtiur5edeYperwduflngihepaTan(J no ¢harftytnJstee¥eceNed anyemolumentor paymemft)rwo1è$3ionalorotherser¥ice5. The charltyis a regostered clty3nd Wa$50n i5consKJered necessaryfortsyatton. Apwoved tylhètwsteoson 24 March2025aF)d oTrthelrt*ha PJ MacDonaid