The Leconfield Hall Charitable IncorEX)rafrd Organisation (CIO) No. 1167354 www.IecoeldhQJ1.0rS.uk Financial Statements for the period to yh April 2023 CONTENTS Page Re[ of the TnL8tees Independent Exam]'S Rqx)rt Statement of Financial Activities Balance Sheet Notes to the Accounts &9 11. ,IEEII Q& .
The Leconfield Hall Charity CIO No. 1167354 www.leconfieldhall.org.uk Trustees Report for the year ended 5th April 2023 April 2023. The fula1 ststrtll¢Dts hav¢ tryared in xc(ffdance with xxountiDg p)lici¢s set out ID the notes to the a¢counts and comp]y with the Charity's coL%tsDW the lTrthrities Act 2011 and Acc(wJDtiDg and Reporting by Charili¢s'. Ststement of Recorn[Drndl Pr¢e applicabk to charities F¥eFOr1 their accounts ID y0T with the Financial Reporting Standard applithk the UK and Ryblic rflreland in IX(AJer 2019. StructsT4 gov¢rn•n¢¢ mA•gernent Conjtitstion The Leconfield Hall 15 a Cbarityble Incowd OrgaDith (CIO) datrd 25th May 2016. Trustees Cornmitte Members and how the orylli4tiOD il rnlb Th¢ trus¢¢es, who are the Committee Members and held office during the year and up to the da of signing the accounts were follows.. Mr John Chrisl(wbwOw¢n Mil&s {Cbairn)an) Mr Timothy P¢t¢r Wardle (fre&sU} Julid Fyn¢s (rld 31110r2022) Mrs Vi¢tQTia tDuise Wood Mr Miclthel John Peet Mr BaTrie Stuart Walsh Miss Daisy tkwy are elected at the annual g¢n¢rnl M¢ett All new tn are brief the (wll]sati operatrs to ensure that they understand theirobligatiiXJS as trusiees. The full Board of Inlee$ meets 5¢v¢rnI tim per yeor. Although not now a tntstee, Michael Follis has rnnained the Hall's Iic¢DCtt to allow hiras s¢Th¢ al¢ohol. The day to day rwjning of the charity is undertaken by the trystets alld a team of voluDte¢ 14al and Adwiffjistrnthe InformtiDD Principal w]dress: The Ixconfield HalL Mark¢t Squ¥fft Ptsix Wast GU28 OAH J A Burnett AC HSBC Bank PLC. 94 FA# Stre4 Thicb&r. West Su55eK T19 IHD Nat BanL 5 Fast Sw Cbichesttt. West Sussex P019 IHH ObJeetlveJ ttd Aetfvltks The objects of the CIO are to DJD a village hall and ty 0M[X¢ f(x the benefit of the inlthiknts of the Parish of Petworth C'area of benefit") With1 di&inrtton of s¢& s¢xuai orientrtith4 age, disabilty. nationalty. race orpolitical. reltgious or other opinions the provision of facilitie5 for re¢¥ti orother leisure lime occuFxtion of iDdivithJals who have n¢¢d of such facilities by re&8on of their YOU¢ ag< infrnity ordisablelnelli financial FLardship or social and econ¢)mTr ircumstallces or for the wblic at large in th¢ iM¢r¢5ts of s11 welfare and with the obj1 of improving the conditions of life of the said Inhabitan The TTu&ees ¢onfirm th¢y Iwve the clty Commission general guiilance on public btfit when reviewingthe aims and obiediv¢5 attd futslle plans of the City. Aehlevements and Perfoe The year to 5th April 2023 the fiT5¢ fidl y¢ar of the H1 (wating a Cinema ID the Wirs auditoriurn, following major renovations and irnprovem¢Dts 4Juritig 2020. The (1110 Iw proved a success with Circa 6.5) pwle attending films and live stream5 in the cour5¢ of the ye4T. ti8 a SW)1 to Sl4JPCrt the Hall's opw&ion as a local amenity. Hall hires recovered following th¢ Covid 19 pmdemic and the number of biriDgs were bk to ni)rnwl. The trListees continued to maintsin th¢ Hall a gr* Il listed two storry buildi iwjilt in 1793. in the Centre of Petworth's M•ket Squar< letting li to I(1 individuals and Organisati and to tmerCial useT4 for me¢titig4 ¢oncats, sales, and all other wherr this p)wThle. In due cows4 it ks plaDnal to m(wJwnis¢ and imwov¢ the ground flrw of the Hall. Hall funds are $¢r¥ed forthis purrK6e
The Leconfield Hall Clwity CIO No. 1167354 Trustees Report for the riod ended 5th April 2023 (contftnued) from voullteers and trustee& notably Michael PeeL The Hall ha5 an h(wrty paid ernployee to maDag¢ the regular films and Streamin Vikki W4yxI c(Krtinues to maintsin the Hau's F¥¢lwk ge to a&sist ID twimising bliCity and Costs remain tigbtty maDag&l and aTe kept a5 low a5 P05slI >k ODty due to the tim¢ spent by our volunteers wjd Trnst¢es. The trustees aim for fijture years is to generate suffficieDt to run and mainkn the Hall and to ensure suificienl fimds are put away to pay formai(Y Tepai The Trustees consider the major risks to be the geDcThlion of 5uffic¢nt income to meet the ¢ost of n]nning the Hall and ensuring there are sufficient Funds wt on one side kn cDSU that th¢y can deal with any major r¢pair5 thi% Gr&d¢ Il listed building. Reserve Policy The tsustees have set up a desigDal&J firt Tr L(8 tenD M4iDt¢Datt¢¢ Fund to ensure that they can deal with any major repairs on this Gr1¢ ll listed buildin& Aldwh (ksignated by th¢ trustw these funds unrestricted. The general Hall fjjnd at 5th Awil 2023 was eApivaknt to rnore 9 weeks Hall runtting ¢osts whi¢h is considered suificient to coverday to day nmning expa. Ai 5th April 2023 the cknity of £682206. Tnt¢' r¢spottslbllhles l rel•tiDn to the St•trwe•ts The trustees are respOs1Th)le for wepariDg the Tn, Annual ReF and th¢ fin141 5tst¢m¢nts ID accordance with appIlble law and Unitrd Kingdom Accounting Standards (United KingdoTn G¢n¢Talty Acmting Practice). The law oppli¢able to charities in England & Wale5 rry4u1 the truse5 to Eware ffflonci statemet)ts for each financial year. whirh giv¢ a true and fair view of the state of affai of the dwity and of th¢ iti¢(Mning resources and application of S¢lxt suitable accounting p)licies and then than consi5ta)ty. Observe the wiThciples in the chariti SORTr. Stale whether applicable acc(MJDtiDg stsnda Iwe becn follow¢4 sllbi¢ct to any DterIal departsrts disclosed and explaineA in the financial #atanen charity will continue in OlOn. The trusiees are responsible f keeping proper ac¢ountitig cord4 disclose with re&8onable xcurdcy at any time the fmancial position of the charity and ¢n4bl¢ them to that the fnwhcial statsrnts comply with the Charities A¢t 2011, the Charities {AccouDts and R¢F[ts) Regulati* and the w)visioL% of the trust deed. They are also responsible for safe8uarding the assets of the thity aThl IK¥¢ fty 78 st¢ps for the peventioo and detection of fraud and other ]egUlarItic Signed on behalf of the Trstee3. J C O Miles- ChairniaD
I report to the charity trustees my ¢xwnIn8ti of the accounts of thc chwity for the Friod ended 5 April 2023 which are s¢t out on Pag 4 to 9. Responsibiliti and bwis of report As the chartty's trustees you are responsil)le for th¢ tryrntiOD of th¢ in acwdance with the requirements of th¢ Clwities Act 2011 ('the Act.). I r¢port in respect of my emInati< of the charity's accounts CrIed out und¢r section 145 of the Act and in arrying out my ¢xaminion I hav¢ follow¢d all the appl]ble DiT¢rtions given by the Charity Commission under section 145(5Xb) of the ACL IDd¢pendeDt eJamin¢V¥ statement I have completed my examination. I cotthrni IILat no material tnattets hav¢ ci)m¢ to my atlention in connection with the ¢xamination giving m¢ ¢aus¢ to lI¢ve that in any material rwL accounting rec(rds were not kept in of the charity requireAI by section 130 of the ACL or 2. the aOllts do n(rt a(xord with those reLords" or the accounts do not comply with the applicable wuirements con(mg the form and cotrtent of accounts s¢t out in the Ch8rAties (Accounts and Rep)rts) Regulations 2(K)8 other than any rquirement that th¢ accounts give a 'true and fair view, which is a matter cortsidered 8S F*rt of an indewthnt vAamination. I have no concerns and have come across no other matters in c4)nneth with the examination to whi¢h attention should be drnwn in this rert in order to enable a pnw Un(krSti of the accoujts to be reached. James Angus ett ACA Martin and Company Chartered Accountants 25 St Thomas Street Winchester Hampshire S023 9HJ
Th¢ L£confield Hall CIO 1167354 Staterne of Fina181 AdivÉties Forthe yearendg15th Aryil 21L1 T•1 10.067 Zih77 l7,705 25 31931 Fikn 5bo 49,743 745 i( I03 1556 TOTAL tNCOME 705 EPIDVRE0I.. 9.132 1.712 (764 L711 8bt&He 4)9l 1,033 L71• 45272 J40 550 425 Sd3rieg& Wa 7.711 7.7ll 3L141 9J60 3JO 48J76 234 31036 SURPLUS (3.170) 17 3,985 NEf MOVEMENf IN FUNDS RECONCILIATIONOiIthiINDS 36Knl 679,866 689.071 BlwK4 06.04.2022 .476 149.117 (6W) 201226 57.766 331J05 331JOS 129J38 201.967 Oknv*os.04.2Q23 331 361916 689.Tr71
The L¢confield Hail CIO 1167354 B#luce SItt s at 5th April 20LI EDAsETS.. TwwW¢FuedA 9JOi 6329) $71591 IA174 133.095 IA615 089.071 37.476 331J05 689.071 JCOM
The Leconfield Hall Charity CIO No. 1167354 Notes to the accounts For the period ended 5th April 2023 I. STATUTORY INFORMATION The Leconfield Hall is a charitable incolrated organi10 regiered in Engknd and Wales. The charity's registe1 number and r¢gi#¢rd offic¢ wddress found ID th¢ Tnthes. Rw 2. ACCOUNTING POLICtES (a) ACCOUFThG CONVEF¥fioNS The financial statements of th¢ tharity. whith is a public iuefrt entity. have I) prepared in accordance with the Statement of Re£4)mm¢nded Practi¢e: Acwwiting and R¢FM)rting by Charities preparing their accounts in Cordance with th¢ Financial R¢porting Standard applicabl¢ in th¢ UK and Republic of Ireland (FRS 102) issued in October 2019. the Financial Retmxting Standard applicable in the UK and Republic of Ireland (FRS 102). the Chariti¢s Act 2011 and UK Generalty Aw)unting Pjxcticc it applies from 1° January 2019. The fllwlcial statements have been pyewed under the historical cost conventiofy as modified by the revaluation of investment& The financial ststemcnts have ixen Fryared to give a 'tnK and fair. view and have departed from the Charities (Aunts and R¢p)rLs) R¢8ulatioThs 2(K18 onty to the extent required to provid¢ a 'In and fair, view. Thts depart has involved following Accounting and Ryrting by Charlties prepArng their accounts in accordance with the Financial Rewting Siandard applicable in the UK al Republic of Ireland (FRS 102) issued in October 2019 rnther than the Accounling and Rewlrting by Charities: Statement of Recommended practice effective from 1° April 2005 which has since be withdrnwn. The trustees consider that there are no materia] al) th¢ Charity's abilty to continue as a going concern. (b) INCOME . Income from letting the Hall is accou for when thc Charity is cntitkd to re1. Although the Hall is an endowed property the income generat is unrestrictrAI. . Income from grdnt% fijnd raisin& voluntsry i)M4 inveslments and tsx refimds ar¢ aLYounted for included when receivable. . The value of donat¢d Servi is not included in the fitLancial ststynents. {c) EXPENDITURE Expenditure is recognised as s(M)n &¥ there is legal or cons1nKlive obligation committing th¢ charity to that expenditure. it is probabl¢ that a transf¢r of ¢conomi¢ iKn¢fit will be rcquird in ttlement and the amount of the obligation can be me&surd reliably. ExFnditiwe is accounted for on an rnal$ basis. inclusive of any VAT which cannot be reaivere4L (d) CHARITABLE ACTIVITIES These are the cosLg of tnanaging the Hall. (e) COST OF FUNDRAISING {fj OTHER EXPENDITURE the Charity and include the indepth examiner's ftts and costs linknl to th¢ str8giG manag¢ment of th¢ Charity.
The Leconfield Hall Charity CIO No. 1167354 Notes to the accounts (continued) For th¢ period ended 5th April 2023 2. ACCOLfNTING POLICtES (continued) (g) TANGIBLE FIXED ASSETS AND DEPRECIATION Assets costing over £150 and with a ts#ing value are capitalised and included in th¢ unts at (X)sL Improvements to propw. lifts and s¢atin8 are WTitt¢n off a strdigbt line basis over 20 year5. Ordinary 4uipment is written off at 25Y• on a ru1]ng balaD¢¢ b&si4 Iwt major ¢ItroniC ¢quipm¢nt is written off on a straight linc basis over 10 yws. The Grade ll listed Leconfield Hall building dcs bk more than 2(K) year5 and the original cost is not known. Whilst the rebuilding Cost is estimated at £1.75million thi5 ts not considered to be an appropriate method for valuing the property and in view of its primary purEM)se of acting a community hall it is included in the accounts at the deemd cost at the date it WOS transferred into the charity. No d¢preLiation is ¢harg¢d as the TnteeS consider the repairs and Tenewals charged through the Statanent of Financial Adivities to be adequate to keep the Hall in a g(vJl sta of repair. (h) tNVESTMENTS Investments are stat&1 at mid-price market value at the sh¢¢t date. The SOFA includes the J)et gains and losses arising on revaluations and disN)sals through(yrt the year. Unrealised gains and losses are lCulated the diff¢rence l*tweett the market value at the year end and opening market value. (i) FtrND ACCOUNTtNG Unrestricted genernj funds . these are funds which can be used in with the charitable objects at the discretion of the trustees. Restricted funds can onty b¢ usd fry paTticyl8r rastyict¢d puryx)w within the objects of the charity. Restrictions arise when s¢Ified by the dOr or when funds are rais¢d h particular r¢strictd pUTS¢s. Further explanation of the nature and purpose of each fimd is i](d in th¢ to th¢ finanoial stat¢m¢nts.
The tAonfield Hall CIO 1167354 the year amkd 5th Awil 2023 J TANGIBLE PLXIDKSSETS t) tst¢• * 5.0422 120J87 1031 62324D 2.031 st 5.0423 12L418 fj25271 * S..22 51.134 113939 16.189 5.0423 130.121 et kythe at 5.04.23 738 495.l43 ¥t5.01.22 69353 509.JOI t J.04.22 6329) 785 1971 *504 63) 4,542 7.403 8.831 20.779 {997
The L)nfield Hall CIO 1167354 FLY thc yath1 5th Awil 2023 105J 17334 IZ3J34 71.5 40Jl6 218 5.498 8 ANALYSISOFRES£AVL8 T4ts1 30&11 202*) 195.143 73 331JQ5 495.143 ID.965 11 TRvYfEEs 114DtMP4trY INsiJRArKK