Brown Edge Village Hall Limited (A company limited by guarantee)
Report and Financial Statements
For the Year Ended
31 December 2024
Charity Number: 1169331 Company Number: 9808984
Brown Edge Village Hall Limited
Contents
| Page | |
|---|---|
| Legal and Administrative Information | 1 |
| Trustees Annual Report | 2 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 |
Brown Edge Village Hall Limited
Legal and Administrative Information
Status
The organisation is a charitable company limited by guarantee, incorporated on 4 October 2015 and registered as a charity on 23 September 2016.
The company is established under a Memorandum of Association which established the objects and powers of the charitable company and is governed by its Articles of Association. The members of the company agree to a maximum liability of £1 each in the event of the company being wound up with insufficient funds. Should there be any surplus funds on the winding up of the company then this shall not be distributed to the members but to another charity with similar objectives. Under those Articles, the elected serving members of the Management Committee continue however one third retire each year but are eligible for re-election.
Directors and Trustees
The directors of the charitable company (the charity) are it's trustees for the purpose of charity law and through out this report are collectively referred to as the trustees.
The trustees serving during the year and since the year end were as follows :
Mr E Sims Mrs B Hurlstone Mrs J M Turner Mr W Holdcroft Mr P R Turner Mr N Owen Mr K D Knight
Charity secretary Mrs J M Turner
Registered office
G1 Bellringer Road Trentham Business Quarter Stoke on Trent Staffordshire ST4 8GB
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Brown Edge Village Hall Limited Trustees Annual Report for the year ended 31 December 2024
The trustees present their report along with the financial statements for the year ended 31 December 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's Memorandum and Articles of Association, the Charities Act 2011,the Companies Act 2006 and the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014.
Management and governance arrangements
The Charity is a company limited by guarantee governed by its Memorandum and Articles of Association. It is registered as a charity with the charity commission.
The Trust has a board which comprises currently of 7 Directors. The board is free to invite other directors to join if it so desires. It also has the ability to co-opt any other members with special skills. The board is responsible for overseeing the financial situation, propriety, and direction and policy of the Trust.
Risk management
The committee actively review the major risks which the charity faces on a regular basis and believe that maintaining reserves at the current levels, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions. The committee have also examined other operational and business risks faced by the charity and confirm that they have established systems to mitigate the significant risks.
Objectives
The objectives are to further or benefit the residents of Brown Edge, Stoke on Trent and the surrounding and wider area, without distinction of sex, sexual orientation, race, 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 leisure time occupation with the objective of improving the conditions of life for the residents,
Public benefit
In shaping our objectives and planning our activities, the trustees have considered the Charity Commission's guidance on public benefit.
Achievements
The Charity has fullfilled its objectives to benefit the residents of Brown Edge and the wider area.
Financial review.
The Charity is financially sound at the balance sheet date. Total funds of £130,574 (2023: £135,486) will, in the opinion of the directors, enable it to continue its operations.
Reserves Policy
Reserve policy is to hold enough reserves to meet the current budget in order to ensure the ongoing operation of the charities activities. This is reviewed regularly at the committee meetings.
Acknowledgements
These financial statements set out the results of the year but do not reflect the considerable and vital support given to the Trust by all connected with the charity, such support is vital for the charity to function successfully.
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Brown Edge Village Hall Limited Trustees Annual Report for the year ended 31 December 2024
Future Plans
The Trustees continue to consider how best to move forward in providing the services and support required by our users in these challanging times.
The Trustees meet regularly to asses the current climate and its affects on the charity is discussed.
Statement of trustees responsibilities
Company law requires that the directors prepare financial statements for each financial year to give a true and fair view of the state of affairs of the charitable company as at the balance sheet date, of its incoming resources and application of those resources, including income and expenditure, for the year. In preparing those statements, the board has selected suitable accounting policies and applied them consistently, made judgements and estimates that are reasonable and prudent and prepared the financial statements on a going concern basis, reflecting the charitable company's increasing success.
The trustees acknowledge responsibility for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that financial statements comply with the Companies Act 2006. They have also safeguarded the assets of the charitable company and taken reasonable steps to prevention and detect fraud or other irregularities.
Members of the board
Members of the board, directors for the purpose of company law and trustees for the purpose of charity law, who served during the year are set out on page 1,
Members of the charitable company guarantee to contribute an amount not exceeding £1 to the assets of the company in the event of winding up. The number of such guarantees at 31 December 2024 was 7 (2023: 7)
This report was approved by the management committee and signed on its behalf by:
Mr.P.R.Turner
Date: 12/09/2025
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Brown Edge Village Hall Limited Independent Examiner's Report for the year ended 31 December 2024
I report to the trustees on my examination of the accounts of Brown Edge Village Hall Limited (the Trust) for the year ended 31 December 2024, which are set out on pages 5 to 11.
Responsibilities and basis of report
As the charity’s trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (the ‘2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner’s statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
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.
Keith Salt FCCA
Independent Examiner
BK Plus Limited Chartered Certified Accountants Adventure Place Hanley Stoke on Trent Staffordshire ST1 3AF
Dated:
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Brown Edge Village Hall Limited Statement of Financial Activities
(Including Income & Expenditure Account) for the year ended 31 December 2024
| Unrestricted Notes Funds £ Income Donations and grants 2 1,120 Income from charitable activities: Rental income and recharges 3 28,401 Investment income 4 - Total income 29,521 Expenditure Expenditure on charitable activities: Premises running costs 7 34,433 Total expenditure 34,433 Net income (4,912) Gross transfers between funds 14 - Net movement in funds (4,912) Reconciliation of funds Total funds at 1 January 2024 135,486 Total funds at 31 December 2024 130,574 |
2024 Restricted Total Funds Funds £ £ - 1,120 - 28,401 - - - 29,521 - 34,433 - 34,433 - (4,912) - - - (4,912) - 135,486 - 130,574 |
2023 Total Funds £ 1,495 29,628 - 31,123 33,054 33,054 (1,931) - (1,931) 137,417 135,486 |
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 7 to 11 form part of these accounts.
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Brown Edge Village Hall Limited Balance Sheet as at 31 December 2024
| Balance Sheet as at 31 December 2024 |
|||||
|---|---|---|---|---|---|
| 2024 | 2023 | ||||
| Notes | £ | £ | £ | £ | |
| Fixed assets for use by the | |||||
| charity | |||||
| Tangible assets | 9 | 114,163 | 119,692 | ||
| Current assets | |||||
| Debtors | 11 | 9,607 | 14,883 | ||
| Cash at bank and in hand | 18,002 | 18,269 | |||
| Creditors: amounts falling due | 27,609 | 33,152 | |||
| within one year | 12 | 11,198 | 17,358 | ||
| Net current (liabilities) / assets | 16,411 | 15,794 | |||
| Total assets less current | |||||
| liabilities being net assets | 13 | 130,574 | 135,486 | ||
| The funds of the charity : | |||||
| Restricted funds | - | - | |||
| Unrestricted funds | 130,574 | 135,486 | |||
| Total charity funds | 14 | 130,574 | 135,486 |
For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
No member of the company has deposited a notice, pursuant to section 476, requiring an audit of these financial statements under the requirements of the Companies Act 2006.
The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared, in accordance with the requirements of Section 394 and 395, and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the company.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with FRS 102 Section 1A - small entities.
The financial statements were approved and authorised for issue by the directors and signed on their behalf by:
Mr.P.R.Turner
Date: 12/09/2025
Company Number: 9808984
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