FINDERN VILLAGE HALL CIO Registered Charity 1166293
Report and Accounts for the year 1[st] October 2021 to 30[th] September 2022
| CONTENTS | |
|---|---|
| Trustee Report | Page 1 |
| Statement of Financial Activities | Page 2 |
| Balance Sheet | Page 3 |
| Receipts and Payments by Fund | Page 4-5 |
| Independent Examiner’s Statement | Page 6 |
Registered Charity 1166293
FINDERN VILLAGE HALL CIO
Trustees Report for the year 1[st] October 2021 to 30[th] September 2022
The Trustees at the end of year were: Trustee & Chair Mrs R Rose Trustee & Treasurer Mr H K Johnson MBE (Died 1[st] October 2022) Trustee Mrs D Arnold Trustee Mr R Brook - appointed 1[st] October 2021 Trustee Mrs S Boldison Trustee Mrs T Brown Trustee Mr G Cook - appointed 1[st] October 2021 - resigned 21[st] July 2022 Trustee Mrs M Eckersley Trustee Mrs R Noblett Trustee Mrs J Orme
Following the death of Mr Johnson, Mrs G Johnson took on the role of Treasurer. Mrs. Johnson became a Trustee on 6[th] December 2022.
Governing Document
The CIO’s remit is “The Running of the village Hall for the benefit of residents in the village and surrounding area and to do so at prices which cover running costs and are affordable to all likely users.”
Financial Policy
The charity operates three funds which operate on a Receipts and Payments basis.
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General Fund - for the regular operation of the charity
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Designated Fund - held by way of two investments as a contingency
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Restricted Fund - for grants income and expenditure
Public Benefit
The charity continues to provide a Village Hall as a benefit for local organisations and individuals. The trustees keep the hire charges for community groups as low as possible so as not to restrict access. More community-based activities are being introduced.
Activities and achievements
The major activity of the charity is to manage the village hall for the benefit of the residents of the local area. The hall is widely used for many family and community activities, especially children’s parties and family celebrations. Following the Covid pandemic, the hall lost a few regular groups but other groups have filled many of the gaps. Last year’s report said “the trustees’ objective is now to diversify more to give a wider scope of interests for the whole of the local community.” Although delayed somewhat by the lockdowns, towards the end of the year, various activities were introduced. The IT sessions and afternoon tea and cake were especially popular. The Trustees are now moving forward to join forces with the village churches, other local groups, and volunteers from the community to participate during the coming winter months in the Government’s Warm Space scheme.
Signed by
Rosemary Rose
R Rose Chair 96 Heath Lane, Findern Derby, DE65 6AR
Gwen Johnson
Gwen Johnson Treasurer 10 Cloverslade, Findern Derby DE65 6QF
12[th] January 2023
Findern Village Hall CIO - 1166293
Statement of Financial Activities
For the period from 01 October 2021 to 30 September 2022
| Unrestricted Restricted Endowment Total Prior year funds funds funds funds total funds Income and endowments from: Income from charitable activities 13,184.09 — — 13,184.09 8,201.49 Fete 2,952.27 — — 2,952.27 — Room Hire Deposits 2,886.75 — — 2,886.75 — Investments — — — — — Other income 2,939.00 — — 2,939.00 17,929.21 Grants — — — — — Total income 21,962.11 — — 21,962.11 26,130.70 Expenditure on: Raising funds 1,163.93 — — 1,163.93 — Expenditure on charitable activities 16,125.36 57.30 — 16,182.66 18,936.80 Other expenditure 1,134.54 — — 1,134.54 293.61 Room Hire Deposits Returned 2,886.75 — — 2,886.75 — Total expenditure 21,310.58 57.30 — 21,367.88 19,230.41 Gains / losses on investment assets 1,052.94 — — 1,052.94 2,334.44 Net income / (expenditure) resources before transfer 1,704.47 (57.30) — 1,647.17 9,234.73 Transfers Gross transfers between funds - in — — — — — Gross transfers between funds - out — — — — — Other recognised gains / losses Gains on revaluation, fixed assets, charity's own use — — — — — Net movement in funds 1,704.47 (57.30) — 1,647.17 9,234.73 Reconciliation of funds Total funds brought forward 48,408.22 57.30 — 48,465.52 39,230.79 Total funds carried forward 50,112.69 — — 50,112.69 48,465.52 |
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12 January 2023 Page 2
Findern Village Hall CIO - 1166293
Balance Sheet detailed
| As at | As at | |||
|---|---|---|---|---|
| 30/09/2022 | 30/09/2021 | |||
| Fixed assets | ||||
| FA010: M&G Charifund Accumulation Units | 7,699.27 | 7,282.55 | ||
| FA020: Charities Ethical Investment | 9,988.01 | 9,351.79 | ||
| Total Fixed assets | 17,687.28 | 16,634.34 | ||
| Current assets | ||||
| CA000: Co-op Bank | 33,954.41 | 31,831.18 | ||
| CA001: Temporary Banking | — | — | ||
| CA010: M&G | — | — | ||
| CA020: Charities Ethical Fund - 117570001R | — | — | ||
| Z05: Accounts Receivable | 334.25 | — | ||
| Total Current assets | 34,288.66 | 31,831.18 | ||
| Liabilities | ||||
| ZO6: Room Hire Prepayments | 1,863.25 | — | ||
| Total Liabilities | 1,863.25 | — | ||
| Net Asset surplus (deficit) | 50,112.69 | 48,465.52 | ||
| Reserves | ||||
| Excess / (deficit) to date | 594.23 | 6,900.29 | ||
| Z01: Starting balances | 48,465.52 | 39,230.79 | ||
| Z02: Other gains/(losses) | 1,052.94 | 2,334.44 | ||
| Total Reserves | 50,112.69 | 48,465.52 | ||
| Represented by Funds | ||||
| Unrestricted | 50,112.69 | 31,773.88 | ||
| Restricted | — | 57.30 | ||
| Endowment | — | — | ||
| Total | 50,112.69 | 48,465.52 | ||
12 January 2023
Page 3
Findern Village Hall CIO - 1166293
From 01 October 2021 01 October 2020 To 30 September 2022 30 September 2021
Receipts and payments Selected period: 01 October 2021 to 30 September 2022
Note
Kitchen - Kitchen Refurbishment (Restricted) Fund
| Expenditure | ||||
|---|---|---|---|---|
| Expenditure on charitable activities | ||||
| Property Update | 57.30 | 594.00 | ||
| Total Expenditure on charitable activities | 57.30 | 594.00 | ||
| Total expenditure | 57.30 | 594.00 | ||
| Excess of Income and | endowments over Expenditure | (57.30) | (594.00) | |
| Brought forward balance | 57.30 | 651.30 | ||
| Total carried forward balance | — | 57.30 | ||
| Investment Fund (Unrestricted) | ||||
| Brought forward balance | 16,634.34 | 14,299.90 | ||
| Gains & losses | 1,052.94 | 2,334.44 | ||
| Total carried forward balance | 17,687.28 | 16,634.34 | ||
| General Fund (Unrestricted) | ||||
| Income and endowments | ||||
| Income from charitable activities | ||||
| Invoiced Room Hire | 7,539.78 | 6,501.24 | ||
| Childrens Event | 2,421.76 | 709.75 | ||
| Adult Event | 3,038.50 | 930.00 | ||
| General Events | 184.05 | 60.50 | ||
| Total Income from charitable activities | 13,184.09 | 8,201.49 | ||
| Fete | ||||
| Fete Stalls | 334.00 | — | ||
| Fete Prizes & Donations | 210.05 | — | ||
| Fete Adverts | 820.00 | — | ||
| Fete Prize Draw | 844.60 | — | ||
| Fete Activities | 743.62 | — | ||
| Total Fete | 2,952.27 | — | ||
| Room Hire Deposits | ||||
| Deposit - Room Hire | 2,886.75 | — | ||
| Total Room Hire Deposits | 2,886.75 | — | ||
| Other income | ||||
| Fund Raising | 193.00 | 260.00 | ||
| Other Income | 2,746.00 | 17,669.21 | ||
| Total Other income | 2,939.00 | 17,929.21 | ||
| Total income and endowments | 21,962.11 | 26,130.70 |
Reserve - Investment Fund (Unrestricted)
General - General Fund (Unrestricted)
12 January 2023 Page 4-5
Findern Village Hall CIO - 1166293
From 01 October 2021 01 October 2020 To 30 September 2022 30 September 2021
Receipts and payments Selected period: 01 October 2021 to 30 September 2022
Note
| Expenditure | |||
|---|---|---|---|
| Raising funds | |||
| Funding | 1,163.93 | — | |
| Total Raising funds | 1,163.93 | — | |
| Expenditure on charitable activities | |||
| Expenditure on Charitable Activities | 448.60 | — | |
| Payroll | 4,232.02 | 2,151.07 | |
| Servicing General | 395.00 | — | |
| Boilers & Heaters | 75.00 | 6,403.43 | |
| Fire Appliances | — | 148.80 | |
| Grass, Trees & Hedges | 1,890.12 | 1,768.41 | |
| Windows & Waste | 255.00 | 555.00 | |
| Room Hire expenses | — | 150.00 | |
| Insurance | 979.34 | 932.18 | |
| Electricity | 1,531.66 | 905.13 | |
| Gas | 1,575.54 | — | |
| Water | 357.00 | 417.00 | |
| SDDC Rates | 199.60 | 41.08 | |
| Domestic Supplies | 614.67 | 370.66 | |
| Admin & Software | 993.50 | 850.74 | |
| Repairs & Decorating | 761.61 | 3,649.30 | |
| Property Update | 1,816.70 | — | |
| Total Expenditure on charitable activities | 16,125.36 | 18,342.80 | |
| Other expenditure | |||
| Equipment | 1,134.54 | 293.61 | |
| Total Other expenditure | 1,134.54 | 293.61 | |
| Room Hire Deposits Returned | |||
| Refund Deposit Room Hire | 2,886.75 | — | |
| Total Room Hire Deposits Returned | 2,886.75 | — | |
| Total expenditure | 21,310.58 | 18,636.41 | |
| Excess of Income and endowments over Expenditure | 651.53 | 7,494.29 | |
| Brought forward balance | 31,773.88 | 24,279.59 | |
| Total carried forward balance | 32,425.41 | 31,773.88 |
12 January 2023 Page 4-5
Findern Village Hall CIO - 1166293 Independent Examiner’s Statement
Report to the Trustees of Findern Village Hall on the accounts for the 12 Months to 30 September 2022.
I report to the trustees on my examination of the accounts of the Findern Village Hall for the year ended 30[th] September 2022 set out in the trustee report and accounts. As the trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I have completed my examination. I confirm I have found 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.
It should be noted that I have not obtained independent verification of investments or balances held at the bank which are individually in excess of £10,000 at the balance sheet date.
I would like to make the following comments to the trustees for their consideration:
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Consideration to the opening of an interest-bearing account where surplus funds not required on a daily basis can be held.
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Following the sad passing of Keith Johnson, consideration on how future investments are managed/monitored, particularly in times of financial uncertainty.
Signed: Dated: 14 January 2023
Independent Examiner - Roy Milward
Relevant professional qualification – FCCA
Home address - 72 Hillside, Findern, Derby DE65 6AW
Page 6