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FRIENDS OF HADFIELD HALL
Charity Registration No. 1156902
FRIENDS OF HADFIELD HALL
TRUSTEES’ REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
FRIENDS OF HADFIELD HALL
Trustees
Elizabeth Armstrong Elaine Brewster-Kelly Peter Duncan Cowan Marie Foote Stephen Foote Joy Hallsworth Annette Hetherington Deborah Jane Howarth Mark Richard Savage
Treasurer Stephen Foote Charity number 1156902 Address 58 Post Street Hadfield Glossop Derbyshire SK13 1EF Phone 07421 814793 Email address friendsofhadfieldhall@gmail.com Web address https://hadfieldhall.wordpress.com Independent examiner Martin C Galvin FCA 27A Hague Street Glossop Derbyshire SK13 8NR
Bankers
Solicitors
Lloyds Bank plc 2 High Street East Glossop Derbyshire SK13 8DA Charity Bank Fosse House 182 High Street Tonbridge TN19 1BE Aspinall Wright 65 High Street West Glossop Derbyshire SK13 8AZ
FRIENDS OF HADFIELD HALL
CONTENTS
| Page | |
|---|---|
Trustees’ report |
1 – 3 |
| Independent accountants’ report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Statement of cashflows | 7 |
| Notes to the accounts | 8 - 10 |
FRIENDS OF HADFIELD HALL
’ REPORT FOR THE YEAR ENDED 31 MARCH 2024
The Trustees present their report and accounts for the year ended 31 March 2024.
The accounts have been prepared in accordance with accounting policies set out in note 1 to the accounts and comply with the requirements of the Charities Act.
Structure, Governance and Management
The charity is constituted as a Charitable Incorporated Organisation (CIO) in England & Wales. The governing document of the charity is the constitution of the CIO as approved by the Charity Commission in England & Wales (CCEW).
There are no restrictions in the governing documents on the operation of the Charity or its investment powers other than those imposed by Charity Law.
The trustees who served during the year, were:
Elizabeth Armstrong Elaine Brewster-Kelly Peter Duncan Cowan Marie Foote Stephen Foote Joy Hallsworth Annette Hetherington Deborah Jane Howarth Mark Richard Savage
Constitution and Objects
The charity is a Charitable Incorporated Organisation (CIO) in England & Wales and was registered with the Charity Commission on 2[nd] May 2014.
The objects of the charity are:
To further or benefit the residents of Hadfield and the neighbourhood, without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure time occupation with the objective of improving the conditions of life for the residents. In furtherance of these objects but not otherwise, the trustees shall have power:
to establish or secure the establishment of a community centre and to maintain or manage or cooperate with any statutory authority in the maintenance and management of such a centre for activities promoted by the charity in furtherance of the above objects.
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FRIENDS OF HADFIELD HALL
Our activities during the year
2023 began with several new activities at the hall, some of these did not continue for long but others are now part of the regular calendar. 'Shine', a monthly wellbeing event, had to close after 6 sessions because of the organiser's health problems but this introduced ‘Soundbaths’, a system of sound therapy to help relieve stress and sleep problems and this now happens regularly at the Hall. More yoga sessions and more dancing have been held. Shiatsu Therapy is also a regular event. The Bureau is a local community wellbeing charity and FOHH hosted cookery classes as part of the Bureau's social prescribing events and there is also a regular advice session run by a Substance Misuse Practitioner from Derbyshire Recovery Partnership . The local Home -schooling group uses the hall for their get-togethers.
We are still waiting for work to start on the installation of a lift and we hope this will happen soon.
Financial Review
The financial position of the charity at 31[st] March 2024 and comparatives for the prior year, as more fully detailed in the accounts, can be summarised as follows:
| 2024 |
2023 | |
|---|---|---|
| Net income | £15,135 | £16,449 |
| Unrestricted revenue reserves available for general use | £189,637 | £171,894 |
| Restricted revenue funds |
- | £2,608 |
The charity’s income for the year was £23,021 (2023 £22,514) and expenses were £7,376 (2023 £6,065) which contributed £15,465 to general reserves. The Trustees consider the financial performance of the charity during the year to be satisfactory.
The Trustees are satisfied that the charity’s assets in each fund are available and adequate to fulfil its obligations.
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FRIENDS OF HADFIELD HALL
Statement of Trustees’ Responsibilities
The trustees are responsible for preparing the Trustees’ Annual Report and accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Charity law requires the Trustees to prepare accounts for each financial year. Trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing these accounts the Trustees are required to:-
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To prepare accounts in accordance with United Kingdom Generally Accepted Accounting Practice
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select suitable accounting policies and apply them consistently;
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make judgements that are reasonable and prudent;
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state whether UK accounting standards have been followed, subject to any departures disclosed and explained in the accounts; and
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prepare the accounts on a going concern basis unless it is inappropriate to presume that the charity will continue in business.
The Trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website. Legislation in the United Kingdom governing the preparation and disseminator of accounts may differ from legislation in other jurisdictions.
The Trustees are responsible for maintaining proper accounting records which disclose at anytime the financial position of the charitable company and to enable them to ensure that the accounts comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities .
Approved by the trustees and signed on their behalf by:-
J Hallsworth - Trustee
Dated: 9[th] July 2024
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FRIENDS OF HADFIELD HALL
INDEPENDENT EXAMINER’S REPORT TO THE MEMBERS ON THE UNAUDITED ACCOUNTS OF FRIENDS OF HADFIELD HALL
I report on the accounts of the Charity for the year ended 31 March 2024 which are set out on pages 5 to 10.
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under Section 144(1) of the Charities Act 2011, (the 2011 Act) and have elected for independent examination.
I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
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: In connection with my examination, no matter has come to my attention which gives me cause to believe that, in any material respect:
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accounting records were not kept in accordance with section 130 of the Charities Act 2011; or
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the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Martin C Galvin FCA
Chartered accountant 27A Hague Street Glossop Derbyshire SK13 8NR
Dated: 9[th] July 2024
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FRIENDS OF HADFIELD HALL
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
| Unrestricted | Restricted | ||||
|---|---|---|---|---|---|
| fund | fund | 2024 | 2023 | ||
| Notes | £ | £ | £ | ||
| Income | |||||
Incoming resources from Charitable |
2 | 19,279 | 19,279 | 21,535 | |
| activities | |||||
| Other incoming resources | 3 | 3,742 | 3,742 | 979 | |
| Total income |
23,021 | 23,021 | 22,514 | ||
| Expenditure |
4 | ||||
| Charitable activities | 5,278 | 2,608 | 7,876 | 6,065 | |
| Total expenditure | 5,278 | 2,608 | 7,876 | 6,065 | |
| Net (expenditure) and | |||||
| net movement in funds | 17,743 | (2,608) | 15,135 | 16,449 | |
| Reconciliation of Funds | |||||
| Total funds brought forward | 171,894 | 2,608 | 174,502 | 158,053 | |
Total funds carried forward |
189,637 | - | 189,637 | 174,502 |
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FRIENDS OF HADFIELD HALL
BALANCE SHEET AS AT 31 MARCH 2023
| Notes £ Current assets Investments held as current assets 166,242 Cash at bank and in hand 23,395 Net current assets Total assets of charity The funds of the charity Restricted revenue funds Unrestricted revenue funds Total charity funds |
Total 2024 £ 189,637 189,637 189,637 - 189,637 189,637 |
72,500 102,002 |
Total 2023 £ 174,502 174,502 174,502 2,608 171,894 174,502 |
|---|---|---|---|
The accounts were approved by the trustees on 9[th] July 2024
J Hallsworth -Trustee
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FRIENDS OF HADFIELD HALL
STATEMENT OF CASHFLOWS FOR THE YEAR ENDED 31 MARCH 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
Cash (used) in operating activities |
15,135 | 16,449 |
| Cash equivalents at the beginning of the year | 174,502 | 158,053 |
| Total cash equivalents at the end of the year | 189,637 | 174,502 |
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FRIENDS OF HADFIELD HALL
NOTES TO THE ACCOUNTS – YEAR ENDED 31[st] MARCH 2024
1 Accounting policies
1.1 Basis of preparation
The accounts are prepared under the historical cost convention, unless otherwise stated.
Having considered future planned activities and the reserves available to the charity, the trustees are satisfied that the financial statements should be prepared on the going concern basis.
1.2 Incoming resources
Gross income represents the value of all grants, donations and fundraising activities which is included in full when received. Investment income relates to bank interest which is recorded when credited to the accounts.
Revenue grants are recognised on receipt, subject to any required conditions being met or services provided. Capital grants are written off in line with the charity’s depreciation policy.
1.3 Resources expended
The expenses of running the charity are recorded as they are incurred.
1.5 Fund accounting
Unrestricted funds can be used in accordance with the charitable objects at the discretion of the nnnnntrustees.
Restricted funds must be used in accordance with the conditions of the grant or donation.
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FRIENDS OF HADFIELD HALL
NOTES TO THE ACCOUNTS (Cont.) – YEAR ENDED 31[st] MARCH 2024
| Unrestricted | Restricted | Last | |
|---|---|---|---|
| funds | funds | year | |
| 2024 | 2024 | 2023 | |
| £ | £ | £ | |
| 2. Incoming resources from charitable activities | |||
| Donations and gifts from individuals | 377 | 838 | |
| Grants from government and public bodies | 50 | 750 | |
| Room hire | 17,545 | 16,793 | |
| Art Show income | 669 | 3,154 | |
| Craft fares | 638 | - | |
| 19,279 | 21,535 | ||
| 3 Other incoming resources | |||
| Investment income – Bank interest | 3,742 | 979 | |
| 3,742 | 979 | ||
| 4 Expenditure | |||
| Art Show costs | 1,382 | 3,460 | |
| Rent | 1,000 | 1,000 | |
| Cleaning | 125 | 83 | |
| Printing and stationery | 50 | - | |
| Repairs, renewals and maintenance | 332 | 121 | |
| Insurance | 508 | 498 | |
| Advertising | 110 | 25 | |
| Permits and licences | 400 | 393 | |
| Donations | 120 | ||
| Legal fees | 712 | 2,608 | 70 |
| Independent examiner fees | 375 | 375 | |
| Sundry expenses | 164 | 40 | |
| 5,278 | 2,608 | 6,065 |
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FRIENDS OF HADFIELD HALL
NOTES TO THE ACCOUNTS (Cont.) – YEAR ENDED 31[st] MARCH 2024
5 Trustees
None of the trustees (or any persons connected with them) received any remuneration or was paid expenses in the year (2023: None).
We can confirm that there are no other related party transactions that require disclosure in the financial statements.
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