Company No: 09964906 (England and Wal88> Règistered Charity No: 1165321 Codsall Village Hall & Playing Fields Charity Umlted Trustees, and Directors. Report and Unaudlted Financlal Statements 31 March 202S
Codsall Vlllago Hall & Playlng Flelds Charlty Limited 31 March 2025 Contonts Pages Trustees, and Directors. Annual Report Independent Examinerfs Report Statement of Financial Aclivtlies Balance Sheet Notes to the Am)unts 8-12
Codsall Willage Hall & Playing Flolds Charfty Llmlted Trustees, and Directors. Annual Report for the year endad 31 March 2025 The Trustees and Direiknrs wesent their report alld a(untS for the year end8d 31 March 2025. Reference and Adminlstratlve Prin(ipal Address - Codsall Village Hall 59 Wolverhampton Road Codsall Wolverhampton West Mldlands WV8 1RL Truste&s and Directors The Trustees and Directors who have been nominated and appointed are:. Mr R Evans Mrs A Yates Mrs T Dorrance Mrs A L Whitehall-clark (appointsd 20.05.2024J Mrs M L Holmes (appointed 20.07.2024) Mrs A Birkert (r8signed 15.04.2024) Mrs F Allen (resigned 20.05.2024) (Secretsry) Mrs M L Holmes was apFK)inted as the chair of the charity wth effect from 11.12.2025 structure, Govemance and Management Governlng document Codsall Village Hall and Playing Fiekjs Charity Limited. a company limited by guarantee, was incorporated on 22 January 2016, gIStered numtEr. 09964906 {England and Wales). On 22 January 2016. the Company was entered onto Ihe Central Register of Charities, numb8r'. 1165321. Trustees are recruited from the volunteer bas8 and if they have exrErience arKI enthusiasm to worf( with Ihe rest of the trustees and meet the chaws obietxives. Objectives and actlvltles The objeds of the Charity are:. - To mainlain the Codsall VilLage Hall. its ro1$ and the playiThJ fields for thè use of the inhabitants of Codsall and its immediate vianty- - To discharge oulgoings related to the property. - To keep fences, hedges and gates in order. - To maintain land and turf in good (xd8r. The restrictions placed the Charity are:. - Not lo make alterations to premises unles5 approved by the Lessor. Not to erect other buildings except shedslpavilions for use of the village hall and playing fields. - Nol to underlet premises unless approved by the Lessor. Whilst undertaking the above mentioned activities. the Trustees had due regard to guidance published by the Charity Commission on public benefft issues.
Codsall Willaga Hall & Playing Flekls Charity Llmlted Trustees. and Directors, Annual Report for the year ended 31 March 2025 {Continued) Achlevoments and Perforniance The Charity has maintained the hall and playing fields and has let out rrn$ where possible. The Charity has discharged all overheads relatirtg to the premises. The Charfty has aang Maintenan of fences, gates. hedges and turf on the site vthere needed. Durfng the forthcoming year. the Trustees and Directors will contlnue to further the wortf of th6 Charity in pursulng Its objectives. The major risk to which the Charity is exposed is th& lack of continuing funding. The Trustees and Directors are o)ntinual striving to ensure that the appropriate level of funding continues. Reserves Policy Th8 Trustees consider Ihat the funds thin the Chartty are at a level to cover operational costs for 3 months. The reserves which consist mainly of cash at bank, are needed lo bridge the funding gap between spending on the Charitys overheads and the reIpt of new funds. Flnanclal review .The Charity receeS donations. grants and income which are then utilised in achieving the objects of the Charity. During the year to 31 March 2025. the Charity received donations, grants and income amounting to £72,888 {2024 - £64,930) out ofwhith £70.375 (2024 - £71.458) was spent in pursuit ofthe Charity's objectives. At 31 March 2025 £76,571 {2024 - £76.020) was hekl in Restricted Funds and £10,741 (2024 - £8,779) was held in Unrestricted Funds.
Codsall Vlllage Hall & Playlng eldS Charity Llmited Trustees, and Directors, Annual Report for thè yoar ended 31 March 2025 (Continued) Trustees, and Direclors, Responsibilities The Trustees who are a150 Directors of Codsall Village & Playing Fields Charity Limited for the purptsses of company law are responsible for preparing the Trustees, Annual Report and the financial statements In accordance with applicab18 law and United Kingdom ACCuntIng Standards. Company Law requires the Trustees to prepare financial statements for each financial yaar. Under that law the Trustees have elected to prepare the financial statements in accordance th United Kingdom Generally Accepted Accounted Practice (United TrQngdom Accounting Standards and appllcable lawl. The finan¢ial ststements are required by L2W to give a Irue and fair vW of the state of the affairs of the Charity and of the surplus or deficit of the Charity for that year. In preparing these financial statements the Trnste8s are required to'.- select suitable accounting poliries and then appty thern consistently., observe the methods and principles in the Chartties SORP 2019 {FRS102): make judgements and estimates that are reasonable and prudent. stat8 whether applicable UK Accounting Standards have been followed. subject to any material departures dlsdosed and explained in the financial statements; prepare the financial statements on the going conrning basis unless it is inapproprfale to presume thal the company will Gontinue in busin&s5. The Trustees are responsible for keeping proper accounling reciyds which disdose with reasonable accuracy at any time the finanaal position of the Charity and to enable them lo ensure that the finanual statements compty with the Companies Act 2006. They are also responsible for saf8guarding the assets of the Charlty and hence for taking reasonable steps for the prevention and deleclion of fraud and other irregularities. In preparing the above report. the Trustees and Directors have taken advantage of special provisnS in Part 15 of the Companies Aot 2006 relating to small companies. This report was approved by the Board of Directors and Tnjslees on 11 Dember 2025 and signed on Its behalf by: M L Holmes Director and Tru$tO0
Independent Examino¢5 Report to the Trustees of Codsall Willage Hall & Playlng Fields Charlty Limited I report to the Charity Truslees on my examination of the acCntS of the company for the year ended 31 March 2025 which are sel oui on pages 510 12. Responslbilities and Basls of Roport As the Charitls Trustees of the company. you are responsible for the preparation of the accounts in accordance with the requlrem8nts of the Companvs Act 2CK16 (Ihe 2006 Act.). Having satisfi8d myself that the aoUnts of the company are not requir8d to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I rekx)rt in respect of my examination of the Charity companls accxjunts carrled oul under section 145 of the Acl 20111lhe 2011 Act.). In carwng oui my examination. I have folbwed all applicable Directions given by the Charity Commission und8r section 145{5){b> of the 2011 ACL Indepondent Examlnerfs Statement I have completed my examinatiw. I confirm thal no material matters have come to my attention i connection with the examination giving me cause to believe that in any material respect: 1. Acwunting records were not kept in respe¢X of Ihe cornpany as required by sectk)n 386 of the 2006 Act,. or 2. The accounts do not accord wtth tIM)se records,. or 3. The accounts do not comply wth the accounting requirements ofsection ofthe Act other than any requirement that the a¢ci)unts give a 'true and fair view. which is not a matter considered as part of an independent examination. 4. The accounts have not been prepared in ac(x)rdance with the methods arkl princip18s of the Stalement of Recommended Prdclice for accounting and repotting by Charities (applicable to Charities preparing their accounts in accordarKe with the Financial R&porting Slandard applicable in the UK and Republic of Ireland (FRS 102)). I have no concems and have c#Jme across no matters in connection wrth the examination to lch attention should be drawn in this report to enable a proper understanding of the accounts to be reached. Mr D l Hotchkiss FCA FCCA Wilkes Tranter & Co Limited Chartered Accountants Brook House Moss Grove Kingswinford West Midlands DY6 9HS 11 December 2025
Codsall Vlllage Hall & Playing Flelds Charity Limlted Statement of Flnancial Activltles forlhe yoar anded 31 Mareh 2025 Total Funds Total Funds Restricted Unrnstricted Year ended Year ended Fun(ts Funds 3110312025 3110312024 Notes Incoma Resources Donatior)s and legacies Charitable activities other trading activities Investment income Grants re¢ewed 2,653 16,296 48,119 120 3,153 16,296 48,119 120 5.200 928 12,192 49,132 78 2,600 5,200 Total Incoming Resources 5,700 67.188 72.888 64,930 Expenditure on ralslng funds: Charitable activities 4.934 4.934 5,028 Charftablo expendlture: Water rates Heat and light Insuranca Printing and stationery Telephone Repairs and renewals Computer costs Depreciation 2,664 13,036 3.851 199 633 8,083 463 2.633 1,568 12,447 2,869 69 624 8.716 443 2,693 13,036 3,851 199 633 5,233 463 334 2,850 2,299 Govemance costs". Accountancy and professional Wages Sundry Advertising 3,808 29,286 203 582 3,808 29,286 203 582 2.355 34,317 205 124 Total ReSoue5 Expended 5.149 65.226 70.375 71,458 Net ino)mel{expenditure> before transfers Transfers between funds 551 1,962 2.513 (6,5281 Net movernents in fvnds for the year 551 1.962 2.513 (6,528} Total funds brought forward 76,020 8.779 84,799 91.327 Total funds carried forward 76.571 10.741 87,312 84.799 The Charty has no recognised gans or losses t)ther than the total incoming resources and total resources expended as above. The notes on pages 8 to 12 fonn an integral part of these finanual statements
Codsall Wllage Hall & Playlng Flelds Charity Umlted Balance Sheet as at 31 March 2025 Notes 31 March 2025 31 March 2024 Flxèd Assets Tangible fixed a&sets 71.295 73.773 Curront Assets Debtors Cash in hand and at bank 6,948 17.274 8,338 12.287 24,222 20.625 Llabllltles: {amounts falling due wlthin one year) 10 (8.205) (9.5991 Net current assets 16,017 11,026 Net assets 87,312 84,799 Funds of the Charlty: Restricted Funds 76,571 76,020 Unreslrided Funds 10,741 8,779 Total funds 87,312 84,799 The directors, statements required by Section 47512> and {3) are shown on the followlng pagg which fortns part of this balance sheet. Tha notes on pages 8 lo 12 form an integral part of thes8 financial statements
Codsall Willage Hall & Playlng Fields Charfty Llrnited Balance Shaot (Contlnued) Directors. and Trustees. statements required by Sectlons 475(2) and (3) for the year ended 31 March 2025 For the year ènded 31 March 2025 the MpanY was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, and Trustees, responsibilities: The rnember5 have not requId the company to obtain an audit of rts accourrts for the year in qUeSt)n in actordance with sectk)n 476. and The Direc*ors and Trustees acknowtedge their responsibilities for complying with Iha requirernents of the Act with resped to accounting records and the preparation of financial statements. These accounts have tEen prepared in accordance Yth the provisions applicable to C4Nnpanies subject to the small (xxnpanies regime. These accounts were approved by Ihe Board on 11 December 2025 and are signed on its behalf by: M L Holme Director and Trustee Registratlon number: 1165321 The notes on pages 8 to 12 fomi an intsgral part of these financial slaiemenls
Codsall Willage Hall & Playing Flelds Charity Llmited Notes to the Accounts for the year endod 31 March 2025 Accountlng Pollcles The princSpal accounting policies adopted. judgements and key sourcEs of esltmation uncertainty in the prepardtion of the financial ststements are as follows.. (a} Basis of preparation: Charity caStuteS a public benefrt entity as defin8d by FRS102. The financial statements have been prepared under the historical cost convention in accordance with applicable alrUnting standards and follow the recommendations in Statement of Recomrnended Practi 'Accounting and Reporting by Charities, {SORP 2019 (FRS1021) and cornply with thes8 Charities (Accounts and R8PLYts) Regulation 2005 issued under the Charities Aci 2011. These financial statements have been prepared in compliance with provisions of FRS102, Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland., Voluntary Income rer*ived by way of donations and gifts to the Charity is included in full in the Statement of Financial Activib8s when reived. Grants received in advance are rocognised as deferred incom8 and released to the Statement of Financial Activities when the reLated expenditure is incurred. {b) (c) Intsngibl8 income is valued and included in income to the extent that it repres8nts goods or services which would otherwise be purchased. Where it is not possible to value the goods or services, such as volunteer tirn8, the financtal statements do not include this value. {d} Restricted Funds are to be used for specified purpN)ses as kid dovffl by the donor. Expenditure which meets these criteria is identified to the Fund. (81 Unreslricled Funds are donations and other incoming resourc8s received or generated for the objects of the Charity without further specified purposes and are available as General Funds. io l expenditure is accwnled f(Yon an 8eLruals basis and has been classified under headings and aggregate all costs related to the category. WThere costs cannot be directly attributed to particular headings they have been all(uted to activities using estimates deemed appropriate by the Trustees on a basis consistent with use of the resources. (g) Gov8rnance csts are those incurred in connection with administration of the Charity and compliance with constttutional and statutory requirements. (h) Depreciation is provided at the following annual rates in order to write off each asset over Its estimated useful lrfe.. Long leasehold Fixtures and ffttings - 2.5% per year on cost - 25% reducing balance The Charity operates a defined contribution pension scheme for ils employees. As 8 Registered Charity. the company is exempt from income and corporation tax as all of its income has been applied for charitable purposes. (i)
Codsall Willage Hall & Playing Flelds Charlty Limlted Notos to the Accounts for the year ended 31 March 202S Charltable Activities 2025 2024 Fundraising events 16,296 12,192 16.296 12.192 Other Tradlng Activities 2025 2024 Room hire - activities Room hire - privat6 functions 37,761 10,358 41,152 48,119 49.132 Investment Income 2025 2024 Bank interest received 120 78 Governanco Costs 2025 2024 This is stated after charging.. Independent Examiners fee 1.800 1,800 1,800 1,800 Trustees None of the Trustees received remuneration or reimbursement of expens8s for acting as Trustees throughout the cuent and previous year.
10 Codsall Willage Hall & Playlng Flelds Charity Llmitad Notes to the Accounts forthe year ended 31 March 2025 Salarles 2025 2024 This is analysed as follows: Salaries and wages Pension costs 29,005 281 33,902 415 29,286 34.317 Number ot employees eaming in excess of £60.OCrf) Average number of employ&os Flxed Assets Long leasehold Flxturos & ffttings Total Cost Al 1 Aprn 2024 Additions Disposals 91,960 2,099 154 94,059 154 At 31 March 2025 91,960 2.253 94.213 Depreciatlon Al 1 April 2024 Charge for the year Eliminat1 on disFrt)sal 19,367 2,299 919 333 20,286 2,632 At 31 March 2025 21.666 1,252 22,918 Net Book Value At 31 March 2025 70,294 1,001 71,295 At 31 March 2024 72.593 1,180 73,773
11 Codsall Willage Hall & Playlng k18 Charity Limlted Notes to the accounts for tho ygar ended 31 March 2025 Debtors 2025 2024 Trade debtors Prepayments Other debtors 3,876 2,519 5.819 78 6.948 8.338 10 Llabilities." (amounts falllng due within one year 2025 2024 Trdde creditors other taxes and social security costs Accruals and deferred income Other ¢ditorS (109} 301 6,963 1,050 38 9,561 8,205 9,599 11 Restrlcted Funds At Incomlng Resources Fund At 0110412024 Resources Expended Transfor5 3110312025 Codsall Parish Council Grant 3,427 5,200 {2,850) 5,777 Codsall Parish Building Fund 72,593 (2.299) 70,294 c(0p Good Causes Projeot 500 500 76.020 5,700 15,149) 76.571 Codsall Parish Council Grant This grant represents monles provided for improvements and repairs to the buildlng. Codsall Parish Bulldlng Fund This fund represents the building and fidds provid8d to the Charity by the lessor on a 40 year lease. cOp Good Causes Project This donation rewesents monies provided for the endeavour of good causes.
12 Codsall Willage Hall & Playing Flelds Charlty Llmlt8d Noles to the accounts for tho yaar andod 31 March 2025 12 Analysis of Net Assets between Funds 2025 Restrlded Unrestrlcted Total Funds Fund$ Funds 2024 Total Funds Tangible red assets Debtors Cash at bank and in hand Current liabilities 70,294 1,001 6,948 10,997 (8,2051 71,295 6.948 17,274 (8,2051 73,T13 8,338 12,287 19.599) 6.277 Total 8ssels 76,571 10.741 87.312 84,799 13 Mambers, Liabillty The Charity is a privale limlted cfflipany by guaffjntee and tJ)nsequently does nol have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the Charity in the event of liquidation. 14 Relal¢d Party Transactions There were no related party transa(*ons for the year ended 31 March 2025. 15 Control The Charity was under the control of the Directors and Trustees throughout Ihe current and previous year. 16 Authorisation of Flnanclal Statement The financial statements were aulhorised for issue by the Directors and Trustees on 11 December 2025.