Registered number: 06847924
Charity number: 1148395
GARVESTONEVILLAGE HALL(NEW BUILD) LTD
(A Company Llmlted by Guarantee)
TRUSTEES, REPORT AND FINANCIALSTATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
UNAUDITED

Reglstered number= 06847924
Charlty number: 1148395
GARVESTONE VILLAGE HALL (NEW BUILD) LTD
(A Company Limlted by Guarantee)
TRUSTEES, REPORT AND FINANCIALSTATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
UNAUDITED

GARVESTONE VILLAGE HALL (NEW BUILD) LTD
{A Company Limited by Guarantee)
CONTENTS
Llst of Directors and Advlsers
Chairman's Statement
Trustee Report
Statement of Financial Actlvltles
Balanc8 Sheet
Notes to the Flnanclal Statements
10

GARVESTONE VILLAGE HALL (NEW BUILD} LTD
(A Company Llmlted by Guarantee)
Trustees (Dlre¢tor8)
Stephen Smith-chairman
Dorothy Leeder
Ruth Gooch
Jonathon Gooch
Kerry Collinson
Andrew Blake- Companysecretary
Company registered
number
Charlty reglstered
number
Reglstered offlce
06847924
1148395
Garvestone and Thuxton Village Hall,
Dereh8m Road,
Garvestone,
Norwich,
Norfolk NR9 4AD
Unity Trust PLC
Four Brindley Place
Blrmingham 812JB
Spire8 Solicitors Dereham
The Priory
Church Street
Dereham
Norfolk NR19 1DW
Bank•r8
Soll¢ltor8

GARVESTONE VILLAGE HALL (NEW BUILD) LTD
(A Company Limited by Guarantea)
CHAIRMAN'S STATEMENT
FOR THEYEAR ENDED 31 MARCH 2025
I would like to thank all my fellow Trustees for their help and support during the year of
account. But we must notforgetthe help and support thatwe receive from the members
and residents ofthe area.
During the last few years, we have seen an emphasis move from a management
committee style to one that is proactive. looking for events to support rather than
P8ssively waiting for bookings. Where a particular class has ended, we have looked for
new people to take on whatever mantle was required.
One of our success8s has been Pub Night Fridays. and l am pleased to see that
continuingto go from strength to strength. That doe8 not me8n thatwe do not need more
volunteers, but thanks to thos8 who a$gist. Meet and Eat is also outstanding in s8rving
the community, thanks to allthe organisers.
In th8 week before I drafted this brief report, we have seen the funeral of Liz Buckley. She
will be much missed, but our m81n hall remains named in her honour, and it was fitting
that her'wake" should have been held there.
At last year's AGM we introduced the two classes of membershlp introducing Annual
Members from whom we can draw candidates for joining the Trustees. I gm plea8ed to
announce that at tod8ywe have forty-four members.
Thank you for allyour 8UPPQrt, and I lookforw8rd to its continuation.
Stephen E Smlth
Chairman
8 July 2025

GARVESTONE VILLAGE HALL (NEW BUILD) LTD
{A Company Limited by Guarantee)
TRUSTEES. REpoirr
FOR THEYEAR ENDED 31 MARCH 2025
The Trustees present their annual report together with the unaudited statements of the
Charityfortheyearended 31 March 2025. TheAnnual Reportserves the purposes of both
Twst8es' report and 8 dir8Gtors' report under company law. The Trustees confirm that
the Annual Report and financial statements of the charitable company comply with the
current statutory requirements. the requirements of the charitable companiesgoverning
documentand provisions ofth8 Statementof Recommended Pr8¢ti¢e ISORPI applicable
to charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland {FRSI {effecttve 1 January 20191.
Since the Charlty quallfies as small under section 383 of the Companies Act 2006, the
Strategic Report required of medium and larg6 companies under the Companies Act
2006 (Strategic Report and Directors, Report) Regulations 2013 has been omitted.
Charltable obJectlve8 and actlvltle8
The princip81 object of the charity is to improve the life and health of the local inhabitants,
encourage social coheslon and reduce isolation, which it achieves by providingfacilities
for hire for meetings, lectures. training, and education, and by organising community
events.
Achlevements and performance
Priv8te events, school use and public rentsis have continued to be lolned by enhanced
ectivlties run bythe Charity'sTrustees. includingpub nightS8nd thewell- e8tsblished fllm
nights and Meet and Eat lunchtime events. Aspecialw4entwas held for all helperswhich
was well supported. TheTru8teesw8rèthe helpersfortheevening. The mobile PostOffl¢e
attends on an irregular basis. which is concerning.
Future d8velopmentswith the children's playarea are intended to move torward wlth the
supportofthe Parish Council. reli8vingthe Charityofthe burden of equipment repairand
rep18cement.
Publlc beneflt
The benefici8ries of the Charity are the Ioc81 residents of ali ages and abilities. The
Trustees confirm that, in exerclslng their powers and duties, they have complied with
their duty to have due regard to the guidance on publ1¢ benefit publlshed by the Charlty
Commission.
Strueturo. govornaneo and management
Governingdocum8nt:
The Company 18 limited by gu8rydntee under Memorandum and Articl8s of Association
incorporated on 6 February 2009. amended by special resolution dated 29 March 2012.
registered at Companies House on 4 April 2012, and registered with the Charity
Commission on 1 August 2012.

GARVESTONE VILLAGE HALL (NEW BUILD) LTD
(A Company Limited by Guarantee)
Method of appointment or election of Twstees:
The management of the Company is the responsibility of the Trustees who are elected
and co-opted und8rthe terms ofthe Articles of Association.
Organisation8lStructur8 and Decision M8king:
The Trustees hold regular meetings to administer the affairs of the Charity.
Related party relatlonships
Related party relationships are limited to those between the Charity, its Trustees, and the
related Charity for which it acts as Corporate Trustee, Thuxton and Garvestone Institute.
Flnanclal Rovlew
Income generated by charitable activities is from fee8 for the hlre of the village hall,
including Trustees, events and bar takings. This amounted to £26.323 (2024: £18.441).
Income generated trom renewable energy technologies via the FIT scheme. et £1,643
12024: £2,535), Is set against Imported electricity costs of £2,471 {2024: £3.908). Total
income for the year totslled £28.080 {2024: £25.838).
Expendlture is 8lmost exclusively for charitable 8CttvltSe8 Includlng the cost of
replacements and gener81 maintenance and running co8t8. In the year of account,
m8intenance costs have agaln risen to £6.675 12024: £3.457) one major item belng
repairs to th8 he8ting system where activitles in the hell vrfere much curtailed over
Decemb8r and into J8nu8ry. This had 8180 affected some of the income with lost
bookings.
Taking direct operating cost8 of £5,618 there is a gr088 surplus of £22,462, however onc8
taking other Dp8r8ting costs into account which total £22.666 there Is a small loss of
£204. But to thls v48 must add depreciation and finish with 8 net shortfell of £21,190
12024: £10,462).
Plans lor the luture
The Trustees are satisfied with the ye8r-end financial position of the Charity, and that it
will have adequate resources to meet its plans and financial obligations for the time
being. For this reason, they continue to adopt the going concern basis in preparing the
financial statements.
Reserves Policy
Total funds on 31 March 2025 amounted to £781.588. Reserves aro investe¢Y in the
Charity's fixed assets. with current assets including funds set aside for repairs and
replacements and generalfunds to allowfor cash flow and contingencies.
In preparing this report, the Trustees have taken advantage of the small companies,
exemption provided by Section 415A of the Companies Act 2008.

GARVESTONEVILLAGE HALL (NEW BUILD) LTD
(A Company Limlted by Guarantee)
This report was approved by the Trustees on xx Octob8r 2025 and signed on their behalf
by:
IL¢4
Stephen E Smith
Chairman

GARVESTONE VILLAGE HALL (NEW BUILD) LTD
(A Company Llmited by Guarantee)
STATEMENT OF FINANCIALACTIVITIES
YEAR ENDED 31 MARCH 2026
INCOME
From Charitable Actlvlties
Note
2025
2024
Community 8v8nts
Hire Fees
BarT8kings
Electricity Generation
Closure of 8avings account
Bottle bank
4.877
13,354
8.092
1,644
2832
12,855
2.714
2,535
4,882
112
28,280
TOTAL INCOME
25,858
COST OF SALES
Communlty event8
Net Bar Purchases
TOTAL COSTS
1.713
3,905
5,618
GROSS SURPLUS
22,462
LESS ADMIN COSTS
Rates, Insurance, licenc88
Cleaning and Waste
Utilities
Maintenance. repairs, and rep18cement8
Play area
Other
2,610
6,647
4,344
6,674
821
1.570
22,666
2,050
5,709
7.662
3,439
55
12,915
TOTALADMIN
NET TRADING PROFITI(LOSS)
LESS DEPRECIATION
12041
20,985
12,943
20,567
NET LOSS
121.1891
(7.569)
Totalfunds at 1 Aprll 2024
Totallund8 at 31 March 2025
794,721
773,532

GARVESTONE VILLAGE HALL (NEW BUILD) LTD
(A Company Limlted by Guarantee)
BALANCE SHEEr
AT 31 MARCH 2025
Note
2025
2024
FIXED ASs￿s
Tangible assets
CURRENT ASS￿5
Debtors
Stocks
Cash at Bank 31 March
722.756
745,789
79
717
17,283
1.585
416
18.398
CREDITORS
Amounts due within 1 year
322
NET CURRENT ASSEfs/iLIABILITIES)
18,079
20.077
NEf ASSETS
740.835
765,866
CHARITY FUNDS
Endowment Funds
Restricted Funds
Unrestrlcted Funds
44,808
165.679
571.101
590.460
165,679
46. 151
Total
781.588
802,290

GARVESTONE VILLAGE HALL (NEW BUILD) LTD
(A Company Limited by Guarantee)
NOTES TO THE FINANCAIL STATEMENTS
FOR THEYEAR ENDED 31 MARCH 2025
1. ACCOUNTING POLICIES
1.1 Basis of preparation of financialstatementg:
The financial st8tements have been prepared in accordance with the Charities SORP
IFRS 1021- Accounting and Reporting by Charities: Statement of Recommended Pra¢tiC8
applicable to charities preparing their accounts In accordance with the Financial
Reporting Standard applicable in the United kingdom and Republic of Ireland (FRS
102lleffe¢tive 1 January 2019). the Finan¢ialReporting Standard applicable Inthe UKand
Republic of Ireland (FRS 1021 and the Companles Act 2006.
G8rv8Stone Village Hall (New Build) Ltd meetsthe definltlon of a public benefit entity
under FRS 102. Assets and liabilities are initially recognised 8t historical cost or
transaction value unless otherwlse stated In the relevantaccounting pollcy.
1.2 Company status:
The company is limited by guarantee. The members of the company are the trustees
named on page 3. In the event of the Company beingwound up, the liability in respect of
the guarantee Is limlted to £10 per m8mber ofthe Company.
1.3 Fund accountlng:
Expendable endowmentfunds represent fixed assets transferred from th8 related charity
Thuxton and Garvestone Institute which under the terms of the grant agreement, whlch
must be retained ft)r at leasttwentyyear8.
Restricted funds are used in accordance with the re8trlctlons imposed by the donors for
Particular purposes.
General funds 8r8 unrestricted funds that are available for use at th8 discretion of the
Trustees to further the otsiects of the Charity if they have not been designated for other
purposes.
1.4 Incoming resources:
All Incoming resources are included in the Statement of Financial Activities.
1.5 Resources expended:
All expenditure is accounted for on 8n accwais basis and Is ellocated to charlt8ble
activities.
1.6 Cash flow statement:
A cash flow statement is not included 8S Partof these Financi8lStatements inviewof the
Gharlty folling outaide the aGope of Financial Reportin8 Standard 1.
1.7 Tanglble fixed a&8ets and depreciation:
10

GARVESTONE VILLAGE HALL (NEW BUILD) LTD
(A Company Llmited by Guarantee)
Tangible fixed assets 8re stated at cost less depreciation calculated to write off these
costs ol these less any residual value over their useful life on th8 followlng b8sis:
Freehold Property
2% straight line
Fixtures and fittings
10% straight line.
2. INCOMING RESOURCESFROM CHARITABLE ACTIVITIES
2025
13,354
4,877
8,092
2024
12.565
3,024
2,714
Hire fees received
Events {Film nights, Meet & E8t, Qulz Nightl
Bar t8kings
Total
26,323
78,303
3. COSTS OF CHARITABLE ACTIVITIESAND OTHER COSTS
D8preci8tlon
In8urance. Llcences
Cleaning, refuse. hygiene
W8ter
Electricity net of FIT
Maintenance and rep81r8
Bar stock
Subscriptions. ICO
Companies House, other costs
Play area
ACRE loan Interest
Film nights, Meet & Eat 8nd Quiz nlghts
20.985
2,550
6,647
229
2,471
6,674
3,905
20,567
1.870
5,827
289
1,373
3,475
2, 654
210
1,570
821
55
1,173
TOTAL COSTS
47,025
36,320
4. TANGIBLE FIXED ASSETS
Freehold
Property
Fixtures and
Fittings
Tot81
Cost 8t 1 April 2024
AdditionslDispos81s
At 31 March 2025
967,938
16.255
981.194
967,938
16,255
981,194
Depreciation
At 1 April 2024
Charge foryear
Not bookv8lu8 8t 21 Mgrch 2025
21Yo SL
228,371
19.359
720,208
10%SL
12,051
1.626
2,548
261,437
20.985
722,756

GARVESTONE VILLAGE HALL (NEW BUILD) LTD
{A Company Llmlted by Guarantee)
In the year ended 31 March 2011. fixed assets with a written down value of 759,171
relating to the nèw build village hall in Garvestone were transferred to the Charity by the
related charityThuxton and Garvestone Institute. Grantfunding received from Big Lottery
Fund and Foundation for Sport and the Arts placed restrictions on the use of grants and
thefuture use of the property. These restrictions are secured bywayof legal charges over
the land 8nd property In favour of funding bodie8. The Trustees have received
correspondence from the Lottery Heritage Fund (successor to the above funding body)
proposlng to rele8se the charge. This is being dealt with by our solicitors.
2025
2024
5. DEBTORS
Trade D8btor8
79
1,584
6. CREDITORS
Trade creditors
322
7. STATEMENTOF FUNDS
Brought
forward
Incomlng
Resource8
Resourc88
expended
Carried
Forward
G8neral Funds
Restricted Funds
Endowment Funds
46,151
165,679
590,460
26.323
27,666
44,808
165,679
571,101
19,359
Tot8l of all Funds
802,290
26,323
47.025
781.588
The expendable 8ndowment funds are fixed asset8 transferred from the related charity
whlch 8re reduced bydepreciation e8ch year.
8. RELATED PARTYTRANSACTIONS
There were no related party transactions duringthls flnancialyear.
12