BRIDGERULE VILLAGE HALL LTD Bridgerule Village Hall Ltd (A Company Limlted by Guarantee) Legal and Administrative Information for the Year Ended 11 November 2024 Charity Number 1150738 Company Number 08255689 {England & Wales) Busines5 Address & Registered Office Bridgerule Village Hall The Green Bridgerule Holsworthy Devon EX22 7DZ Trustees Mr K J Bowditch Mr C Hitchings Mr A P Quilter Mrs S A Cholwill Hon. Treasurer Secretary Mrs S A Cholwill Acccountants & Independent Examiners AM Fanson FCA Chartered Accountants Trelawney Court 25a Lynstone Rd Bude Cornwall EX23 8LR Bankers Natwest Bank 11 The Square Holsworthy Devon EX22 6DU
BRIDGERULE VILLAGE HALL LTD Bridgerule Willage Hall Ltd (A company limited by guarantee) Report of the Trustees (incorporating the Dirertors, Report) for the year ended 11 November 2024 The trustees present their annual report and financial statements of the charity for the year ended 11 November 2024. The have been prepared in accordance with the accounting policies Set out in note I to the accounts and comply with the charity's trust deed, the Charities Act 2011 and Accounting and Reporting by Charities, Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 Structurei governance and management Governing document The organisation is a charitable company limited by guarantee, incorporated on 16 October 2012. The charity is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1. Recruitment and appoinntment of new trustees Trustees are nominated and appointed at the AGM. Trustees are required to retire annually by rotation and can be reappointed to serve a further term. Induction and training of new trustees New trustees will be appointed by the members and will be trained by existing trustees and members. Oganisation structure The members meet throughout the year when major decisions concerning the charity are made. The day to day running of the charity is carried out by the members. Public benefit statement As trustees of the charity we have complied with the duty in Sertion 17 of the 2011 Charities Act to have due regard to guidance published by the Charity Commission. Bridgerule Village Hall is operated by the charity for the use of inhabitants of of the Parish of Bridgerule and the surrounding area in accordance with its objectives. We use the Charity Commission model memorandum and Articles of association as our guide to operations. The hall has remained available throughout this year as Tnuch as possible for use by local inhabitants.
BRIDGERULE VILLAGE HALL LTD Bridgerule Village Hall Ltd (A company limited by guarantee) Report of the Trustees (incorporating the Dirertors. Report) for the year ended 11 November 2024 The charity is raising fund5 via rentals, grant applications and donations to proceed with the continued refurbishment and general upkeep of the Hall. Bridgerule Village Hall continues to be a popular charitable facility made available to the community and beyond The hall is used by classes and local clubs on a weekly basis for table tennis, philates, short mat bowls. dog obedience classes and art and craft sessions. In the winter months the table tennis club use the hall for their league games, About 40 retired members of the community meet every two weeks for a Coffee Club The refurbishment of the Hall commenced in 2013. Phase l included work in the main hall including new windows, replastering, insulation. decorating and a new ceiling. Phase 2 included new toilets (including disabled facilities), a new meeting room, kitchen and bar area. New shutters. new entrance, foyer and Post Office area replacement of all remaining windows and decoration. Phase 3 includes a new extension housing a table and chair store, cleaning store, back toilet and refurbishment of back kitchen. The old theatre store has been refurbished and after receiving a Lottery grant the main hall roof was replaced and a new faGade fitted at the front of the building and concrete floor laid. A new heating system was installed. Risk management The trustees have a duty to re+view the risks to which the charity is exposed and ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The management committee has conducted its own review of the major risks to which the charity 15 exposed and systems have been established to mitigate those risks. Internal risks are minimised by the implementation of procedures for authorisation of all transactions and projects and to ensure consistent quality of delivery for all operational aspects of the charitable company. These procedures are periodically reviewed to ensure that they still meet the needs of the charity. Objectives and activities Objectives and aims To provide, maintain and operate a village hall for the use by inhabitants of the Parish of Bridgerule and the surrounding area without distinction of sex, sexual orientation, age, disability. nationality, race, political, religious or other opinions. including the use of the property for meetings, lectures and classes or other fomis
BRIDGERULE VILLAGE HALL LTD of recreation and leisure time occupation in the interests of social welfare and with the aim of improving the conditions of life for said inhabitants. Bridgerule Village Hall Ltd (A company limited by guarantee) Report of the Trustees (incorporating the Directors, Report) for the year ended 11 November 2024 The members of the charity have operated a successful booking system and have maintained the hall to a good standard. The level of bookings has been steady with several organisations using the hall regulary. The Parish Council of Bridgerule hold the village hall as custodian trustee and Bridgerule Village Hall Ltd is entitled to use the village hall for its charitable purposes under a deed of trust. Achievement and perforniance The charity was provided the full service as stated in its objectives. The refurbishment of Bridgerule Village Hall has gradually improved the hall facilities and provide extra space for new activities to utilise. Future Developments The charity continues to support the build of a new Community Village Shop and continues to be a hub poviding a range of facilities to the local community. While the shop was under construction it utilised the bank account of the village hall. When the Shop opended in May 2024 transfers were made for each entity to account for such transactions,.
BRIDGERULE VILLAGE HALL LTD Bridgerule Willage Hall Ltd (A company limited by guarantee) Report of the Trustee5 (incorporating the Dirertors, Report) for the year ended 11 November 2024 Ststement of Trustees Responsibilities The charity trustees are responsible for preparing a trustee annual report and financial statements in accorrdance with applicable law and United Kingdom Account Standards (United Kingdom Generally Accepted Accounting Practice) The law applicable to charities in England and Wales requires the charity trustees to to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing the financial statements the trustees are required to: -select suitable acounting policies and apply them consistently -observe the methods and principles in the applicable charities SORP -make judgements and estimates that are reasonable and prudent -state whether applicable accounting standards have been followed subject to any material departure disclosed and explained in the financial statements prepare the financial statements on the going concern basis unless it is inappropriate to presume thst the charity will carry in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to enure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provision of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities. The report has been prepared in accordance with the special provisions Part 15 of the Companies Act 2006 relating to small companies Approved by e boar of Trustees on............................. .signed on its behalf
BRIDGERULE VILLAGE HALL LTD Bridgerule Willage Hall Ltd {A company limited by guarantee) Independent Examiner's Report to the Trustees of Bridgerule Village Hall Ltd for the year ended 11 November 2024 Report on the accounts of charitable company for the year ended 11 November 2024 Respectivè responsibilities of trustees and examiner The charity's trustees {who are also directors of the company for the purpose of company lawl are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144{2) of the Charities Act 2011 and that an independent examination is needed. Having satisfied myself that the charity is not subjett to audit under company law and is eligible for independent examination. It is my responsibility to; x Examine the accounts under settion 145 of the 2011 Act x Follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5llbl of the 2011 Act x To state whether particular matters have come to my attention Basis of independent examiner's statement My examination was carried out in accordance with general dirertions given by Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all evidence which that would be required in an audit and consequently no opinion is given a5 to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the statement below. Independent examiner's statement In connection with my examination no matter has come to my attention which gives me reasonable cause to believe that in any material respect, the requirements: x To keep accounting records in accordance with section 386 of the Companies Act 2006 and x To prepare accounts which accord with the accounting records, comply with requirements of section 396 of the Companies Act 2006 and with the method and
BRIDGERULE VILLAGE HALL LTD principles of the Statement of Recommended Practice: Accounting and Reporting by Charities Bridgerule Village Hall Ltd (A company limited by guarantee) IndependentExaminer's Report to the Trusteesa of Bridgerule Willage Hall Ltd for the year ended 11 November 2024 x Fhe financial statements do comply with the applicable requirements conceming the form and content of the accounts set out in Charities (Accounts and Reports) Regulations 2008 other than any reqU1ment that the account5 give a true and fair view which is not a matter considered as part of the independent examination. I have no concerns and have come across no other matters in connection with the examination to which attenion should be drawn in this report in order to enable a proper understanding of the financial statements to be reached AM Fanson FCA Trelaney Court 25a Lynstone Rd Bude Cornwall EX23 8LR
BRIDGERULE VILLAGE HALL LTD Bridgerule Village Hall Ltd (A company limited by guarantee) Consolidated Statement of FinancSal Artivites (including consolidated income and expeniture accounts) for the year ended 11 November 2024 Unrestricted funds Restricted funds Note 2024 2023 Income Voluntary income Donations Compensation 50 30 Activities for generating funds Fundraising events 80 1782 1782 2904 Deposit account interes Incoming resources from charitable artivites Hire of hall & heating Shop grants Shop fundraising and donations Shop share sales Coronation grants Other grants 173 173 97 7972 7972 26600 7130 12350 3383 14 26600 6350 680 500 1836 1836 9808 11763 26600 26600 36408 38363 Total income Expenditure Charitable artivities Rates and water Insurance Light and heat Sundries Shop costs Shop legal fees Coronation expenses Repairs and maintenace Internet Depreciation 30393 33394 597 581 2929 220 597 581 2929 220 41379 463 690 1173 618 35758 771 780 449 440 6768 41379 2719 582 6573 2719 582 6573 14201 41379 55580 Governance costs Independent Examiner's fee 47910 1030 1030 651
BRIDGERULE VILLAGE HALL LTD Total expenditure 15231 41379 56610 48561 Net income/expenditure net movement in funds -3468 -14779 -18247 -15167 Gross transfer between funds Total funds b/f 137274 6350 143624 158711 Total funds c/f 133806 -8429 125377 143544 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities. The notes on subsequent pages form an integral part of these financial statements
BRIDGERULE VILLAGE HALL LTD Consolidated Balance Sheet as at 11 November 2024 2024 2023 Fixed assets Tangible assets 95465 102038 Current assets Cash at home and in bank 30862 42150 Creditors Amounts falling due within one year Net current assets 950 564 29912 41586 Total assets less current liabtlites 125377 143624 FUNDS Restricted income funds Unrestricted income funds 6350 119027 6350 137274 Total funds 125377 143624 The charitable company is entitled to exemption from audit under section 477 of the Companies Act 2006 for the year ended 11 November 2024. Members have not required the conpany to obtain an audit of its financial statements for the year ended 11 November 2024 in accordance with Section 476 of the Companies Act 2006 The director5 acknowledge their responsibilities for (a) ensuring that the company keeps accounting records which comply with section 386 and 387 of the Companie5 Act 2006 and Ibl preparing financial statements which give a true and fair view of the state of affairs of the company at the end of each financial year and of its profit and loss for each financial year in accordance with the requirements of section 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to the financial statements so far as applicable to the company.
BRIDGERULE VILLAGE HALL LTD The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to companies and subject to the small companies regime. The financial statements were approved by the board on ... behalf by: Mr C Hitchings-trustee Mr KJ Bowditch - trustee Mrs S A Cholwill - truste .... A CK .L..u(........................ Mr AP Quilter- trustee The notes on subsequent pages form an integral part of these financial statement5
BRIDGERULE VILLAGE HALL LTD Bridgerule Village Hall Ltd (A company limited by guarantee) Notes to the financial statements for the year ended 11 November 2024 l. Accounting policies Basis of preparation The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Reccommended Practice applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard. applicable in the UK and Republic of Ireland Charities Act 2011 and Companies Act 2006. The Charity is a Public Benefit Entity as described by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 update Bulletin I not to prepare a Statement of Cash Flows The accounts are prepared in sterling which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £. The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. Income Recognition All income is recognised once the Charity has entitlement to the income, there is sufficient certainty or receipt and 50 It is probable that the income will be received and the amount of income receivable can be measured reliably. Voluntary income is received by way of grants. donations and gifts and is included in full in the Statement of Financial Activities when receivable. Grants where entFtlement is not conditional on the delivery of a specific performance the charity are recognised after the charity becomes unconditionally entitled to the grant Investment income is included when receivable. No incoming resources are included in the Statement of Financinal Activities net of expenditure Expenditure Recognltion Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure. It is probable that settlement will be required and the amount of the obligation can be measured reliably.
BRIDGERULE VILLAGE HALL LTD Bridgerule Village Hall Ltd (A company limited by guarantee) Notes to the financial statements for the year ended 11 November 2024 All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs. are allocated or apportioned to the appllcable expenditure headings statement of financial artivities. Charitable comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. Governance costs compreise the costs associated with regulatory and compliance compiling the charity's financial statements. Tanglble fixed assets and depreclatlon Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at the following annual rates in order to write of each asset over its estimated useful life, as follows Improvements to property Fixtures and fittings straight line over 25 years 25% reducing balance Impairment reviews are undertaken when there are factors present to suggest that the value of the assets may have been impaired. Fund accountlng Unrestricted funds can be used in accordance with the charitable objectives at the discretion of trustees. Restricted funds can only be used for particular restricted purposes within the the objectives of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
BRIDGERULE VILLAGE HALL LTD Bridgerule Village Hall Ltd (A company limited by guarantee Notes to the financlal statements for the year ended 11 November 2024 2024 2023 2 Actlvitles for generating funds Fundraising events (unrestricted funds) 1782 2904 3 Investment income 2024 2023 Deposit account interest 173 97 4.Net incoming/{outgoing) Resources 2024 2023 Net incoming/(outgoing) resources is stated after charging Depreciation 6573 6768 Accountancy and independent examiner's fee 1030 651 5. Trustee Expenses During the year trustees had no reimbursed expenses in the year (2023- Nil ) 6. Trustees remuneration and benefits There was no trustee remuneration, other benefits or reimbursed expenses for the year ended 11 November 2024 nor for the previous year. 7. Taxation The charity is exempt from corporation tax on its charitable activities.
BRIDGERULE VILLAGE HALL LTD Bridgerule Willage Hall {A company limited by guarantee) Notes to the flnancial statements for the year ended 11 November 2024 8. Tangible fixed assets Improvement Fixtures to property Total Cost At 12 November 2023 13559 149687 163246 Additions At 11 November 2024 13559 149687 163246 Depreciation At 12 November 2023 Charge for the year 11218 586 49990 5987 61208 6573 At 11 November 2024 11804 55977 67781 Net book value At 11 November 2024 1755 93710 95465 At 11 November 2023 2341 99697 102038 9. Creditors: amounts falling due within one year Other Creditors Accruals 103 460 950 10. Movement in funds Net Transfers
BRIDGERULE VILLAGE HALL LTD At 12/11123 movement between At 11/11/24 in funds funds Unrestricted funds General funds 137274 -3468 133806 Restricted funds 6350 -14779 -8429 143624 -18247 125377 11. Net movement in funds, included in the above are as follows: Incoming Resources Outgoing Resource5 Movement in funds Unrestricted funds General fund 11763 -15231 -3468 Restrirted funds 26600 41379 -14779 38363 -56610 -18247 General funds are donations and other incoming resources receivable or generated for the objects of the charity without further specific purpose and which the charity may use for its purpose at its discretion. 12. Company limited by guarantee Bridgerule Village Hall is a company limited by guarantee and does not have a share capital. In the event of the charitable company being wound up the liability in respect of the guarantee is limited to £1 per member. 13. Employees There were no employees during the year. Operations are run soley by volunteers.
BRIDGERULE VILLAGE HALL LTD Bridgerule Willage Hall (A company limited by guarantee) Notes to the financial statements for the year ended 11 November 2024 14. Restricted funds The income funds of the charity include restricted funds comprising the balance of donations and grants held on trust for specific reasons. Movement Balance Incoming 12-Nov-23 source Resourte Transfer Balance at expanded between 11-Nov-24 Village Hall Shop Shop share fund 26600 41379 14779 6350 6350 6350 26600 -41379 14779 6350