2020-12-31-accounts - Lyng & District Community Hall

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			SORP reference
Summary ofthe purposes		of	Para 1.17	The purpose ofthe charity isto provide a
the charity as set out	in its			village hall facility for use by all the	people of
governing document				Lyng, Sparham and the surrounding	district on
				a non-discriminatory basis.
Summary ofthe main activities in relation to those			Para 1.17and 1.19	The hall is used near to capacity with a variety ofactivities provided by hirers and volunteers
purposes for the public				on behalf ofthe hall including various sports,
benefit, in particular,	the			bingo, community coffee mornings,	pre-school
activities, projects or				children's activities, cinema and theatre. It is
services identified in accounts.	the			also used for private hire for events such as private parties and wedding receptions.
Statement confirming			Para 1.18	The trustees confirm they have had	regard to
whether the trustees	have			the Charity Commission's guidance	on public
had regard to the guidance				benefit.
issued by the Charity
Commission on public
benefit

ou ma cho	ose to include	further statements	where releva	nt about:
		SORP reference
		Para 1.38
Policy on grant making			Not Applicable
			The Charity	istotally dependent			on the work of
		Para 1.38	volunteers	in the community		to	manage the
Contribution	made by		business of	the charity,	it's finances and
volunteers			administration including		fund	raising, and
			running some activities		in the	hall.
Other

Achieve	m	e	n	ts	and	Per	formance
							SORP reference
Summary		ofthe main						The local community has benefitted from
achievements				ofthe charity,				involvement in and access to a wide range
identifying		the		difference		the		of sport and fitness activities, community
charity's work has the circumstances					made of its	to	Para 1.20	social functions, cinema, theatre, art classes and messy church. Private hirers
beneficiaries			and any wider					have utilised the hall for weddings, wakes
benefits	to	society			as a			and private celebrations.
whole.								A recent survey of users has demonstrated
								widespread use and opportunities for social
								contact for many groups within the
								community which did not previously exist.
Additional		information				(optional)
You ma	choose to include further statements							where relevant about
								A recent review shows the hall has
								successfully delivered against it's
Achievements				against			Para 1.41	objectives of providing Community, social
objectives		set						and fitness activities for the community,
								providing older residents with a meeting
								place and activities to reduce isolation and
								improve wellbeing, and providing preschool
								activities and services. Providing
								educational and social support for the 12—
								19yrs age group is proving more
								challenging and is still being worked on.
								Representation among the Trustees now
								includes one aged 19and another with
								wide experience ofworking with young
								eo le.
Performance offundraising activities against objectives							Para 1.41	Not Applicable
set
Investment			performance				Para 1.41	Not Applicable
against objectives
								All comments above relate to the time
Other								during which the hall was in use. Due to
								COVID-19 the hall was closed for most of
								2020.

Financial Review	Financial Review	Financial Review	Financial Review	Financial Review	Financial Review
Review ofthe charity's								Para 1.21	The hall was closed for most of2020 due to
financial position			at		the	end			COVID-19 which limited it's operational
of the period									income. The hall was well supported with
									government grants for the hospitality sector
									and a successful application to the Norfolk
									Recovery Fund both ofwhich allowed the hall
									to cover it's running costs through 2020 and to
									mid 2021.Net Current Assets at the year end were f27,462, increased from f19,158at the
									end ofthe previous year.
Statement	explaining				the			Para 1.22	Upon opening ofthe hall the trustees
policy for holding stating why they			reserves are held						established a reserves policy as follows. -an unrestricted reserve off5,000for short
									term operating costs in the event ofa loss	of
									income, approx. 509oofannual running costs.
									-an unrestricted reserve for future asset
									replacement and major property maintenance at a target level off20,000to be achieved by
									2024.
Amount of	reserves				held			Para 1.22	At the end of2020 total funds ofthe charity amounted tof751,572. Unrestricted General
									Reserve fund amounted tof10,641with
									restricted funds off740,931.Ofthese
									f728,610was represented by the net book
									value ofthe building and other capital
									equipment.
Reasons for		holding			zero			Para 1.22
reserves
Details offund materially							in	Para 1.24
deficit
Explanation		of any						Para 1.23
uncertainties		about			the
charity continuing				as a going
concern
Additional information						(optional)
You ma choose			to	include			further statements		where relevant about:
									The principal sources offunds during the year
									were:
The charity's principal sources offunds (including								Para 1.47	~ COVI0-19 related grants f12,321 ~ Norfolk Recovery Fund grant f6,000
any fundraising)									~ Other donations S.giftsf5,702
									~ Charitable Activities f6,708
Investment	policy			and
objectives	including				any
social investment adopted				policy				Para 1.46
									The principal risk facing the charity at present		is
									to re-establish the activities and regular
A description		of	the		principal			Para1.46	bookings the hall did have once the hall is
risks facing		the charity							allowed to re-open. The hall manager is in
									regular contact with all regular hirers and the
									Trustees plan to hold several events postponed
									by lockdown.

Description of charity's
trusts:
Type ofgoverning document		Charitable	Incorporated Organisation
(tn.,st deed, royal charter)		Constitution
How is the charity	Para 1.25	CIO
constituted?
(e.g unincorporated
:-! 'oc!at!on, CIO)
Trustee selection methods	Para 1.25	The constitution calls for a minimum ofthree
including details of any		trustees. A	new constitution was adopted on
constitutional provisions e.g.		18'"March	2019under which the first Trustees
election to post or name of		are the continuing trustees under the previous
any person or body entitled to appoint one or more trustees		constitution. The first trustees have the power to appoint further charity trustees who, along with the first trustees, will hold office until the
		end ofthe	first annual general meeting.
		Thereafter	the charity trustees shall comprise
		up to 6elected trustees, up to 9trustees
		appointed	by user bodies ofthe hall, and up to
		3trustees co-opted by the trustees.

Additional	information	information	information	(optional)
You ma	choose to include			further statements	where relevant about:
					On appointment new trustees are given a copy
					ofthe constitution to familiarise		themselves
Policies adopted	and for	procedures the induction		Para 1.51	with, along with the latest Trustees Annual Report and Accounts.
and training		oftrustees			They are also provided with a copy ofthe
					Charity Commission publication		"The essential
					Trustee" to explain the role and
					responsibilities.
					The Charity is managed by the	Trustees and a
					Management Committee with	a	wider
The charity's structure and			organisational any wider	Para 1.51	membership of27volunteers. Since opening number ofvolunteers have also assisted			a
network	with		which the		running activities on behalf ofthe charity.
charity works
Relationship			with any	Para 1.51
related parties
Other

Description of the assets
held in this capacity
Name and objects ofthe
charity on whose behalf	the
assets are held and how	this
falls within the custodian
charity's objects
Details of arrangements	for
safe custody and
segregation ofsuch assets
from the charity's own
assets

			ID0zS VC			Restricted	Restricted
			:0	Unrestricted		income		Endowment	Total	this		Total last
			Q	funds		funds		funds	year			year
						R			K
Fixed assets				F01		F02		F03	F04			F05
Intangible assets		(Note 15)	eo1
Tangible assets		(Note 14)	eo2			728,610			728,610			741,247
Heritage assets		(Note 16)	eo3
Investments		(Note 17)	eo4
		Total fixed assets	eo5						2,		0	741,247
Current assets
Stocks		(Note 18)	eos									326
Debtors		(Note 19)	807		870					870		1,171
Investments		(Note 17.4)	eoe
Cash at bank and	in	hand (Note 24)	808	17,478		12,321			29,799			38,115
	Total current assets		810	18,348		12,321			30,669			39,612
Creditors: amounts		falling due within
one year (Note 20)			811	3,207					3,207			20,454
Net current		assetsl(liabilities)	e12	5,		2,				,462		19,158
Total assets less current liabilities			813									760,405
Creditors: amounts		falling due after
one year	(Note 20)		814	4,500					4,500			5,400
Provisions for liabilities			815
Total net assets orliabilities			816	10,641		740,931			751,572			755,005
Funds ofthe Charity
Endowment funds	(Note 27)		817
Restricted income	funds (Note 27)		818			740,431			740,431			745,072
Unrestricted funds			818	10,641					10,641			9,433
Revaluation reserve			820				500			500		500
		Total funds	821			40,93				,5	2	755,005
Signed by one or two	trustees on behalf of all											Date of
the trustees				Signature				Print	Name			approval
												dd/mm/
								John	Mason			25/08/2021
								Simone Payne				25/08/2021

							~	~	~
Note 2 Accounting			policies
Please complete this note when	grat reporting			under FRS2102. Section 35ofFRS102,			requires	3reconciliations		to be
presented, ifall are applicable.
2.1 RECONCILIATION	WITH PREVIOUS GENERALLY ACCEPTED								ACCOUNTING
PRACTICE
Please provide a description
ofthe nature ofeach change
in accounting policy
Reconcllatlon offunds per previous		GAAP		to funds	determined	under FRS 102
	Start of			End of
	period			period
		E			E
Fund balances as previously
stated
Adjusunents:

Fund balance as restated
Reconcilation ofnetincomel(net		expenditure)		per previous	GAAP to netincomel(net	expenditure)	under FRS 102
				End of
				period
				K
Net income/(expenditure)	as previously
stated
Ad/ustments:
Previous period net income/(expenditure)			as
restated

This standard	This standard	list ofaccounting policies has been applied by the chanty except forthose ticked "No"or "N/s". IVhers a	list ofaccounting policies has been applied by the chanty except forthose ticked "No"or "N/s". IVhers a	list ofaccounting policies has been applied by the chanty except forthose ticked "No"or "N/s". IVhers a	list ofaccounting policies has been applied by the chanty except forthose ticked "No"or "N/s". IVhers a
diFerent or	additional		policy	has been adopted then this is detailed in the box below.
Recognition		ofincome		These are included in the Statement of Financial Activities (SoFA) when:
				~ the charity becomes entitled to the resources;
				it is more likely than not that the trustees will receive ths resources; and			Yes	No	N/a
				~ the monetary value can bs measured with sufficient reliability.
Offsetting				There has been no offsetting ofassets and liabilities, or income and expenses, unless permitted by the FRS 102SORP or FRS 102.	required	or		No	N/a
							Yes	No	N/a
Grants and donations				Grants and donations are only included in the SoFA when ths general income recognition criteria are mst (5.10to5.12FRS102SORP).
				In the case of performance related grants, income must only be recognised to the extent			Yes	No	N/a
				that the charity has provided the specified goods or services as entitlement tothe grant
				only occurs when the performance related conditions are met (5.16FRS 102SORP).
Legacies				Legacies are included in the SOFA when receipt is probable, that is, when there has			Yes	No	N/a
				been grant ofprobate, the executors have established that there ars sufficient assets	in
				the estate and any conditions attached to the legacy ars either within the control ofthe
				charity or have been met.
							Yes	No	N/a
Government		grants		The charity has received government grants in the reporting period
				Gift Aid receivable is included in income when there is a valid declaration from the donor.
Tax reclaims		on		Any Gift Aid amount recovered on a donation is considered to be part ofthat gift and is			Yes	No	N/a
donations	and gifts			treated as an addition to the same fund as the initial donation unless the donor orthe
				terms ofthe appeal have specified otherwise.
Contractual performance		income related	and	This is only included in the SoFA once the charity has provided the related goods or services or met the performance related conditions.			es	No	N/a
grants
Donated goods				Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.			Yes	No	N/a
				The cost ofany stock ofgoods donated for distribution to bensfiiciadies is deemed to be the fair value ofthose gifts at the time oftheir receipt and they are recognised on receipt.			Yes	No	N/a
				In the reporting period in which the stocks srs distributed, they are recognised as sn
				expense at the carrying amount ofthe stocks at distribution.
				Donated goods for resale ars measured at fair value on initial recognition, which is the
				expected proceeds from sale less ths expected costs ofsale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance			Yes	No	N/a
				sheet. On its sale the value ofstock is charged against 'Income from other trading
				activities' and the proceeds from sale are also recognised as 'Income from other trading
				activities'.
							Yes	No	N/a
				Goods donated for on~oing use by the charity are recognised as tangible fixed assets
				and included in the SoFA as incoming resources when receivable.
							Yes	No	N/a
				Gifts in kind for use by the charity are included in the SoFAas income from donations
				when receivable.
Donated services and				Donated services and facilities are included in the SOFA when received at the value of			Yes	No	N/a
facilities				ths gift to the charity provided the value ofthe gift can be measured reliably.
				Donated services and facilities that are consumed immediately are recognised as income			Yes	No	N/a
				with an equivalent amount recognised as an expense under the appropriate heading	in
				the SOFA.
							Yes	No	N/s
Support costs				The charity has incurred expenditure on support costs.
Volunteer	help			The value ofany voluntary help received is not included in the accounts but is described in the trustees' annual report.			Yes	No	N/a
Income from		interest,		This is included in the accounts when receipt is probable and the amount receivable can			es	o	Na
royalties and dividends				be measured reliably.
Income from		membership		Membership subscriptions received in the nature ofa gift are recognised in Donations			Yes	No	N/a
subscriptions				and Legacies.
				Membership subscriptions which gives a member the right to buy services or other			es	No	N/a
				bensfiits are recognised as income earned from the provision ofgoods and services as
				income from charitable activities.

Debtors	Debtors (including	Debtors (including	trade debtors and loans	trade debtors and loans	receivable) are measured	on	initial recognition at		No	N/a
	settlement	amount	after any trade discounts		or amount advanced by	the	charity. Subsequently,
	they are measured		at the cash or other	consideration expected to be		received.
Current asset investments	The charity equivalents equivalents	has has investments which it holds for resale or pending their sale and cash and cash with a maturity date less than one year. These include cash on deposit and cash with a maturity date ofless than one year held for investment purposes rather than to						Yes	No	N/a
	meet short	term cash commitments as		they	fall due.
								Yes	No	N/a
	They are valued at		fair value except where		they qualify as basic financial		instruments.
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM
THOSE ABOVE

						Description	Description		This year f
Government	grant 1			COVID-19 Hos	itaii	sector	rants		12,321
Government	grant 2
Government	grant 3
Other
								Total	12,321
Please provide details		ofany
unfulfilled conditions		and other
contingencies attaching			to grants
that have been recognised in income.
Please give	details of	other forms of
government	assistance		from which
the charity	has directly		benefited.

This	year	Last	year
	R
	759
	759

			This ye R	ar Last year
Seconded staff
Use ofproperty
Other				759
				759
Please provide details	ofthe
accounting policy for the recognition and valuation ofdonated goods, facilities and services.		Donated goods are measured items	at fair value, which has been based donated at the date ofdonation.	on the retail value if
Please provide details	ofany
unfulfilled conditions	and other
contingencies attaching to resources
from donated goods and services not
recognised in income.
Please give details of	other forms of
other donated goods	and services not
recognised in the accounts, eg
contribution of unpaid	volunteers.

Note 6		Analysis ofexpenditure	Analysis ofexpenditure	Analysis ofexpenditure
							Restricted
						unrestricted	income	Endowment
		Anal	is			funds	funds	funds	Totalfunds f		Prior year f
Expenditure	on	Incurred seeking donations
raising funds:		Incurred seeking legacies
		Incurred seeking grants
		Operating membership	schemes and
		social lotteries
		Staging fundraising events
		Fundraising agents
		Operating charity shops
		Operating a trading company
		undertaking non-charitable		trading
		activity
		Advertising, marketing,	direct mail and
		ublici
		Start up costs incurred	in	generating	new
		source offuture income
		Database development	costs
		Other trading activities
		Investment management		costs:
		Intellectual property licencing costs
		Rent collection, property	repairs and
		maintenance charges
		Total expenditure on raising funds
Expenditure charitable activities	on	Insurance Water Rates				1,012 106			1,012 106		-	927 267
		Electricity				2,208			2,208		1,371
		Cinema Film Hire				299				299		714
		Cleaning & Kitchen supplies				796				796	1,126
		Equipment purchases for		hall activities		35	128			163	2,505
		Food & Drink Purchases				682				682		865
		General Expenses				156				156		530
		Licenses				263				263		571
		Site & Property Maintenance				4,909	31		4	940	13	047
		Marketing &Website				184				184		155
		Printing &Stationery										188
		Professional Fees				234				234
		Telephone & Internet				794				794		456
		Wages				2,999			2	999	1,387
		Subscriptions					384			384
		Accountancy Fees				500				500		440
		Training										750
		Waste Disposal				680				680		647
		Total expenditure on charitable activities				15,857	543		16,400		25,412
Separate material item ofexpense		Professional Fees - Design Building Enabling / Site Works									13,223

Demolition	of	Old Hall
Legal Support
Professional	Fees - Site		Management					4685
Planning &	Professional		Fees -Other					870
Professional	Fees - Quantity			Surveyor				5,267
Total								24,045
De reciation		of Buildin				14,022	14,022	10516
Depreciation		of Fixtures,	Fittings &
Equipment						3,742	3,742	2,658
Total other	expenditure					17,764	17,764	13,174
RE					15,857	18,307	34,184	62,631

							Grant
Activity or programme				Activities undertaken		directly	funding of	Support Costs	Total this year	Total prior year
							activities
Activity 1
Activi 2
Other
Total
Prior year	expenditure		on charitable		activities
can be anaiysed as		follows:
Within the	expenditure		items	above	the
following	Items are	material:		(please	disclose
the nature,	amount	and	any prior year amounts)

Please explain	the	nature ofeach extraordinary
			This year	Last year
		Description
Extraordinary	item	1
Extraordinary	item	2
Extraordinary	item	3
Extraordinary	item	4
Total extrordinary		items

			Amount	received	Amount	paid out	Balance held at period end	Balance held at period end
Description/name	ofparty	Related
		party N'es	This year	Last year	This year	Last year	This year	Last year
		or No

Description/name	ofparty	Balance held at period end
		This year Last year

categories and has support c	osts.
						Basis of
Support cost Raising funds		Activity 1	Activity 2	Activity 3	Grand total	allocation escr e
exam les						method)
Governance
Other
Total
Please provide details ofthe	accounting	policy
adopted for the apportionment	ofcosts	between
activities and any estimation	techniques	used to
calculate their apportionment.

was paid p	lease en	ter '0	'in the appropriate box(es).
							This year	Last year
							R
Independent	examiner's		fees
							500	500
Assurance	services	other than audit or independent		examination
Tax advisory fees
Other fees	(for example:		financial advice, consultancy,		accountancy	services) paid
to the independent		examiner

11.1 Staff Cost	s
				This year		Last year
						R
Salaries and wages					2,999		1,387
Social security	costs
Pension costs	(defined contribution	scheme)
Other employee	benefits
			Total staff costs		2,999		1,387

11.2Average head count in the year	11.2Average head count in the year
The parts	ofthe charity in which the	Fundraising
employees	work	Charitable	Activities
		Governance
		Other
				Total

13.1A	nal	ysis ofgrants paid (i	ncluded in cost ofcharitab	le activities)
			Grants to	Grants to
		Analysis	institutions	individuals	Support costs	Total
Activity	or	project 1
Activi	or	ro'ect 2
Activi	or	ro'ect 3
Activi	or	ro'ect 4
		Total

Note 14			Tangible		fixed	assets	assets
Please complete this note			ifthe charity has				sny tangible fixed assets
14.1Cost orvaluation
		Freehold land			Other	land &		Plant,		Fixtures,		Total
		&bugdlngs			buildings			machinery	snd	fittings and
								motor		equipment
								vehicles
At lhe beginning of			701,592							52,829		754,421
the year
Additions - WIP										5,127		5,127
Revaluations
Disposals
Transfers *
At end ofthe year			701,592							57,956		759,648
14.2 Depreciation and		impairments
Basis			SL		SLor		RB	SLor RB		SL	SLorRB		Straight	Line
													("SL")or
													Reducing
													Balance
													("RB")
Rate		2.00%								6.67%
At beginning ofthe			10,516							2,658		13,174
year
Disposals
Depreciation			14,022							3,742		17,764
Impairment
Transfers*
At end ofthe year			24,538							6,400		30,938
Depreciation amounts		are	calculated		from	the month ofpurchase				orcommissioning		ofthe asset.
14.3Net book value
Net book value at the			691,076							50,171		741,247
beginning ofthe year
Net book value at the			677,054							51,556		728,610
end ofthe year
14.4 Impairment
Please provide adescripdon ofthe				events		snd
circumstances that	led to		the recognidon			or
reversal ofsn impairment			loss.
14.5 Revaluation
Ifan sccounVng policy of			ravalusdon		ls adopted,			lease rovlder
the effbcdve date ofthe revaluation
the name ofIndependent valuer, if				applicable
the methods applied and			signNcant
assumptions
the canying amount that			would have been
recognised hsd the	assets been carried under
the costmodel.
14.6 Other disclosures
(i) Please state the	amount ofbonowing					costs,
ifany, capltalised In the conshuctlon					oftangible
axed assets and the capltalisadon				rate used.
fig Please nrovlda	ura amount ofconeaotual
commhments forthe acquisidon of					tangible
hxed assets.
(iii) Details ofthe existence and canying								The land and new hall building			are
amounts ofprcpell, plant and equipment							to	charged to the		Big Lottery Fund		for 20
which the charity has		rastrfcted Vtle			or that		ars	years expiring		on 7December	2037.
pledged as security	tbr llablllVes.

			Research &	Patents and	Other	Total
			development	trademarks
At beginning	ofthe
year
Additions
Disposals
Revaluations
Transfers *
At end ofthe	year
15.2Amortisation		and	impairments
	**Basis		SLor RB	SLor RB	SLor RB	SLor RB	Straight Line ("SL")
							or Reducing
							Balance ("RB")
		Rate
At beginning	ofthe
year
Disposals
Amortisation
Impairment
Transfers*
At end ofyear

15.3 Net	book value
Nat book	value at the
beginning	ofthe year
Net book	value at the
end ofthe	year

Note 16		Heritage assets	Heritage assets	Heritage assets	Heritage assets
Please complete	this note ifthe charity has					heritage		assets
16.1General disclosures		for all charities holding					heritage assets
(i) Explain the nature and scale				of
heritage assets held.
(ii) Explain the policy for the
acquisition, preservation,
management and disposal ofheritage
assets.
16.2Cost or valuation
					Heritage asset			Heritage asset		Heritage asset	Heritage asset	Total
						1			2	3	4
At beginning ofthe year
Additions
Disposals
Revaluations
Transfers *
At end ofthe year
16.3Depreciation	and impairments
			Basis										Straight Line
													("SL")or
													Reducing
													Balance
				Rate
At beginning ofthe year
Disposals
Depreciation
Impairment
Transfers*
At end ofyear
16.4 Net book value
Nat book value at	the beginning		ofthe
year
Net book value at	the end	ofthe year
16.5 Impairment
Please provide a	description		ofthe events and circumstances
that led to the recognltlon		or	reversal		ofan	impairment			loss.
16.6Revaluation
ifan accounting	policy ofrevaluation				is adopted,		please provider

16.7Analysis ofheritage	16.7Analysis ofheritage	assets by class or group distinguishing	assets by class or group distinguishing	assets by class or group distinguishing	assets by class or group distinguishing	those atcost and those at	those atcost and those at	valuation
							At valuation	At cost Group	Total
							Group A	B
Carrying amount	at the beginning		of	the
period
Additions
Disposals
Depreciation/impairment
Revaluation
Carrying amount	at the end of period
16.8 Heritage assets (where heritage assets are not recoignised						on the balance sheet)
(I) Explain the reason why heritage
assets have not	been recognised			on
the balance sheet.
(ii) Describe the significance			and
nature of heritage assets.
(iii) Disclose information		that	is
helpful in assessing the		value	of
heritage assets.
(iv) Explain the	reason	why it	is not
practicable to obtain a valuation of
heritage assets.
16.9 Five year summary		ofheritage assets transactions
				2016	2014	2013	2012	2011
Purchases
Group A
Group B
Group C
Other
Donations
Group A
Group B
Group C
Other
Total additions
Charge for impairment
Group A
Group B
Group C
Other
Total charge for	impairment
Dlsposals
Group A - carrying amount
Group B - carrying amount
Group C
Other
Total disposals

				Cash Scash equivalents	Cash Scash equivalents	Listed Investments	Investment Social properties Invesusents	Investment Social properties Invesusents		Total
Carrying (fair)	vsWe at	beginning	of
period
Add: additions	io investments during
period*
Less: dispose/a at carrying value
Less: impairmenis
Add: Reversal ofImpainnents
Add/(deduct):	transfer	in/(out) in	the
period
Add/(deduct):	nei gain/(bss) on
revaluation
Csnying (fair)	value at	end ofyear
*Please specify additions resulting				from
acquisitions	through	business	combinations, if
any.
Please note that Fair		Value in this context is the amount forwhich an asset						could be exchanged		between
knowlegable	and willing parges		in	an ann's length		transaction.	For traded securikes,		the fair value is the value
ofthe security quoted		on the London Stock			Exchange Dally ONc/a/ List orequivalent				Forother	assets where
there Isno market price on a asded market,					Itis the trustees'		orvalusrs'best	esdmate	offair value.

17.4 Please provide a breakdown o balance sheet.	17.4 Please provide a breakdown o balance sheet.	f	cu	rrent a	sset Investm	ents, ifapplicable, ag	reeing with the
Analysis ofcurrent asset						This year	Last year
investments
Cash orcash equivalents
Listed Investments
Investment properties
Social investments
Other Investments
Total
17.5Guarantees
Please provide details and	amount ofany
guarantee made toor on behalf ofa third			party
Name ofthe entity orentities benefitting			from
those guarantees
Please explain how the guarantee furthers				the
charity's aims
17.6Concessionary loans
						Description	This yearf	Last year R
Amount otconcessionary	loans made (Multiple
loans made may bedisclosed	in aggregate	provided
that such aggmgadon does not obsum signNcant
information ).
					Total
Amount ofconcesslonary	loans received					Description	This year R	Last yearf
(Muldple loans received may	be disclosed	in
aggregate pmvlded that such	aggmgadon	doss not
obsurs slgnNcsnt information).
					Total
Terms and conditions eg interest rate, security
provided
Value ofany concessionary	loans which		have
been committed but not taken up at the reporting
date
Amounts payable within 1	year
Amounts payable after more than 1year
Amounts receivable within	1year
Amounts receivable after more than 1year
17.7Additional information
Please provide information	about the
significance ofInvestments	to the charity's
financial position or performance eg.terms and
conditions ofloans orthe	use of hedging			to
manana financial risk.
For all Investments measured atfair value,				the
basis for determining the value, Including				any
assumptions applied when	using a valuation
technique.
Wham a charity hss provided financial		assets as
aform ofsecurity, the carrying amount		of		the
financial asset pledged as	security and	the terms
and conditions relating to	its pledge.

18.1 Please state the carrying activities.	amount ofsto	ck and w	ork in	progress ana	lysed betwe	en
		Stock		Donated	goods
						Work in
	For	For	resale	For	For resale	progress
	distribution			distribution
Charitable activities:
Opening			326
Addedin period
Expensed in period			326
Impaired
Closing
Other trading activities:
Opening
Added in period
Expensed in period
Impaired
Closing
Other:
Opening
Added in period
Expensed in period
Impaired
Closing
Total this year
Total previous year

debtor	s orprepayments.	s orprepayments.
19.1	Analysis ofdebtors
Trade	debtors
Prepayments		and accrued income
Other	debtors
			Total

This	year	Last	year
	72		588
	798		583
	870		1,171

Trade debtors
Prepayments	and accrued income
Other debtors

	This	year	Last	year
Total

20.1Analysis ofcre	ditors
			Amounts	falling due	Amounts	falling due after
			within one year		more	than	one year
			This year f	Last year f	This year f		Last year f
Accruals for grants	payable
Bank loans and overdrafts
Trade creditors			184	17,838
Payments received	on account for contracts or
performance-related	grants
Accruals and deferred income			1,223	816
Taxation and social	security
Other creditors			1,800	1,800	4,500		5,400
		Total

A COVID -19hospitality sector grant off667was received on 31December 2020	A COVID -19hospitality sector grant off667was received on 31December 2020	A COVID -19hospitality sector grant off667was received on 31December 2020	covering	the	period 26
Dec 2020to8Jan 2021. The appropriate proportion		has been deferred to 2021.
Movementin deferred income account			This year f		Last year f
Balance at the start ofthe reporting period
Amounts added in current period				381
Amounts released to income from previous	periods
Balance at the end ofthe reporting period				381

Note	24 Cash a	t bank and in hand
					This year	Last year
					E	R
Short	term cash investments	(less than 3months	maturity	date)
Short	term deposits
Cash	at bank and on hand				29,799	38,115
Other
Total					29,7	38,

Provide an estimate	ofthe financial effect ofthe
event or a statement	that such an estimate cannot be
made

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				Reason for transfer	Reason for transfer	and where	endowment is	converted to	converted to	income,	income,
						legal power	for its conversion
Between	unrestricted		and	During the	year a number of items ofequipment were purchased						with
restricted	funds			funds raised for those specific purposes. The balances ofthe
				respective	restricted	funds have	been transferred	to the restricted			fund
				for Physical	land, Buildings and		Equipment owned		by the charity.		In
				addition the trustees		sanctioned	use ofthe General		Fund for capital
				expenditure	and where restricted		funds raised fell	short ofthe
				expenditure	required	and an amount ofE2,340was			transferred	from
				General Reserve to		specific reserves accordingly.
Between	endowment		and
restricted	funds
Between	endowment		and
unrestricted		funds

			~ "~ 0 ~ ~
Report to the trustees/ members of			Charity Name Lyng and District Community Hall
On accounts for the year			31"December 2020 Charity no 1156339
		ended	(ifany)
Set out on pages			1 to 41
			(remember to inoiude the page numbers of additional		sheets)
			I report to the trustees on my examination of the accounts ofthe above
			charity ("the Trust" )for the year ended 31/12/2020.
Responsibilities		and	As the charity's trustees, you are responsible for the preparation ofthe
basis of report			accounts in accordance with the requirements of the Charities Act 2011
			("the Act").
			I report in respect of my examination of the Trust's accounts carried out
			under section 145of the 2011Act and in carrying out my examination,	I
			have followed all the applicable Directions given by the Charity Commission
			under section 145(5)(b)ofthe Act.
Independent			The charity's gross income exceeded f250,000 and I am qualified to
examiner's	statement		undertake the examination by being a qualified member ofthe Institute	of
			Chartered Accountants in England and Wales.
			I have completed my examination. I confirm that no material matters have
			come to my attention in connection with the examination which gives me
			cause to believe that in, any material respect:
			~ the accounting records were not kept in accordance with section		130
			ofthe Charities Act; or
			~ the accounts did not accord with the accounting records; or
			~ the accounts did not comply with the applicable requirements
			concerning the form and content ofaccounts set out in the Charities
			(Accounts and Reports) Regulations 2008 other than any requirement
			that the accounts give a 'true and fair' view which is not a matter
			considered as part ofan independent examination.
			I have no concerns and have come across no other matters in connection
			with the examination to which attention should be drawn in this report		in
			order to enable a proper understanding of the accounts to be reached.
		siQned:	Q~,. p;~s Date: 27.8.21
		Name:	Aleathia Richards
Relevant professional			F.C.A. F.A.C.I.E
qualification(s)		or body
		(ifany):