CHARITY REGISTRATION NUMBER: 1172312
Lakeview Village Hall Trust
Unaudited Financial Statements
30 April 2024
LW
HARTERED ACCOU
Chartered accountants
10 Pintail Drive
Iwade
Kent
ME9 8QW

Lakeview Village Hall Trust
Financlal Statements
Year ended 30 April 2024
Page
Trustees, annual report
Independent examiner's report to the trustees
Statement of financial activities
Statement of financial position
Notes to the financial statements

Lakeview Village Hall Trust
Trustees. Annual Report
Year ended 30 April 2024
The Iruslees pr8S8nt their report and the unaudited financial statements of the charity for the year ended
30 April 2024.
Chalr's report
The seventh year of operation continued with stable success., the infrastructure of the hall required some
rèm8diallsnagging work from the project. The hall remained as a temporary lease arrangernenl wilh Swale
Borough Council ISBC), thè full lease will not be signed until all snagging for the build is resolved with
S8C. SBC approached the trust to endeavour lo reach an agreement with the trust regarding the signing of
a full lease. The trust mel with the council regarding outstanding building snags that have not been
satisfied. SBC engaged some contractors towards the end of the year to establish what is required to
resolve the outstanding issues. to da16 SBC have not yet compleled any of the snags, as a r6suII the trust
has not signed a full lease. The trust is however fully committed lo maintaining the building. Thè trust
Conllnues to meet regularly as required throughout Ihe year, operational decisions are made during trust
meetings with minor decislons made via social messaging. We have experienced a loss of a few of our
long standing club hirers this year. clubs are str¢Jggling to continue in the current flnanclal Cllmate. Clubs
ar8 losing their clients to a level where they are unable to sustain their own operation.
The Irusl has maintained a good relationship with the regular hifers, the hirers are a principle part of the
hall and have ensur8d that the hall is looked after, Ihey report regularly to thé Irust of any difficulties or
issues that they find.
The trust has been able to set up external controls for the alarm system so that the trust members can
monltor the alarm system, the CCTV is being monitored from a web based app on the trust's members.
phones. In addllion lo this the trust has invested in a digital key locking system that will allow keys lo be
accessible within ¢ertain times for party hirers. This has proven lo be very successful; hirers are given
clear instructions lo allow them to use the hall wlth more independence.

Lakeview Village Hall Trust
Trustees, Annual Report (eonllnu•d)
Year ended 30 Aprll 2024
Reference and admlnlslratlve detalls
Reglstered charlty name
Lakevlew Village Hall Trust
Charlty registratlon number
1172312
Prlnclpal offlce
Great Easlhall Way
Sittingbourne
Ként
ME10 3TF
The trustees
P Burleigh
S Capper
A McGowan
C McGowan
G Harvey
M Bencych
S Goalham
Independent examlngr
Louise Wade LW, Charte￿d Accountant
10 Pintail Drive
Iwade
Kent
ME9 8QW
Structure, governance and managemont
The Lakeview Village Hall Trust was formed to operate as a charitable tru51 registered with the UK
Charities commission. Th8 trust Is currently forméd of 7 Iruste8S', the trustees are residents of the local
community of Great Ea51hall. The trust is structured as a Charltable Incorporated Organisation
(Foundation Structure).
Objectlvos and actlvltles
To further benefit the resldents of the Great Easthall Estat8 and the local community, without distlnction of
sex, sexual orientation. race or of political, religious or other opinions by associating together the said
residents and the local aulhorilies, voluntary and other organisations in a common effort to advance
education and to provide facilities in the interest of social welfare for recreation and leisure lime occupation
with the objective of improving the conditions of life for the residents.
This is achieved by offering hire space to the communlty, clubs and organlsatlons for the use of the hall.
The hire space is offered under a hire agreement which sets out the responsibilities and r8quirernenls of
the hirer to respect the propety whilst it Is in their care. The hire agreement also sets out rules and
instructions that protect the property and the trust while the hall is being used.

Lakeview Village Hall Trust
Trustees. Annual Report (conllnuod)
Year ended 30 April 2024
Achlevements and performance
The trust continu6d lo operate with the initial business plan structure, as the second year progressed it
was clear that some policies required rèviewing, especially the hire policy. The trust was learning from Ihe
hirers and the party hirers and il was clear that the trust needed to protect the hall and the trust from 50me
undésirable hirers. The policy was therefore slrenglhened lo cover events or Issues that the trust had
encountered in the first year.
The trust regularly meats for agenda meetings; these meeting review our experiences and also the
financial climate of the trust. We still have a large fund left from the SBC launch grant that the trust will use
as required for larger projects or schemes that are decided al the agenda mèetings.
The Trust has managed its income and expenditure in line with a business plan, the plan forecasted
income and outlay with projections of Income and expenditures based on similar community Centres from
the borough. The trust however benefited from the environmental d8sign of the hall, the architect ensLJred
that the hall was designed and built lo treat lightly on the environment. The d8sign included the latest
technology lo operale with very litlle resources.
Flnanclal revlew
A start up fund was made available to the trust from the section 106 money plus a grant Irom KCC to
enable the village hall lo be operational to the community for the firsl Ihree years of operalion. The trust
lakes an income from Ihe hire of the hall to pay for the bills and maintenance runnlng costs of the building,
the popularity of the hall has been such that the incoffle is currently covering the costs of the utility bills and
allowing the trust to bulld a small contlngency fund to ¢OV8r costs in the event that the hire space loses Ils
popularity.
Th8 trust does not employ any staff however it does pay for conlra¢t seNic8s such as window cleaning,
gardening and cleaning of the hall.
Plan$ for future perlods
The trust is now looking el ensuring the infrastructure Is maintained now that the w8rr3nties have expired,
the trust are using local trades lo maintain Ihe equlpment and infrastructure. The trust has recruited
trustees with dedlcated roles, the roles identified are Events and Maintenance, in Ihls way we have started
to offer community events and have trustees who can concentrate on specific roles.
The trustees, annual report was approved on
Ir
lees by..
and slgned on behalf of the board of
A McGowan
Trustee

Lakeview Village Hall Trust
Independent Examlner's Report to the Trustees of Lakevlew Village Hall Trust
Year ended 30 April 2024
I report to the trustees on rny examination of the financial slal8ments of Lakeview Village Hall Trust {'the
chariWI for the year ended 30 April 2024.
Responslbllllles and basls of report
As the trustees of the charity you are responsible for the preparation of the financial statements in
accordance with the requirements of the Charities Act 2011 I'the Act,).
I report in respect of my examination of the charity's financial stalem8nts carried out under section 145 of
the 2011 Act and in carrying out my examination I have followed all the applicable Dir8Ctions given by the
Charity Commission under section 145{51(bl of the Acl.
Independent examlner's ststement
I have completed my examination. I confirm that no rnaterlal matt8rs have come to my attention In
connection with the examinallon giving me cause to believe that in any mat8rial respect:
accounting records were nol kept In respect of the charity as required by section 130 of the Act.,
or
Ihe financial statements do not accord with those records., or
the flnancial statements do not comply with the appli¢able r8quirem8nls concerning the form
and content of a¢counls sel out in the Charities (Accounts and Reports) Regulations 2008 other
than any requirement that the accounts give a 'lrue and fair, view which is nol a matter
¢onsid8rerfas part of an independent examination.
I have no concerns and have come across no other matters In connection with the examlnalion to whlch
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
Louise Wade
LW, Chartered Accountant
Independent Examiner
10 Pintall Drive
Iwade
Kent
ME9 8QW

Lakeview Village Hall Trust
Statement of Flnancial Activities
Year ended 30 April 2024
2024
Unrestflcted
funds Total funds
2023
Total funds
Noto
Income and endowments
Donation5 and legaci6S
Charitable activities
209
17,127
209
17,127
17,336
117
14.414
Total Income
17.336
14,531
Expendlture
Expendilure on raising funds:
Costs of other trading activities
Expenditure on charitsble activities
Total oxpendlturo
10,348
15,406
10.348
15,407
4.471
10,692
25.754
25,755
15,163
Net expendlture and net movemont In funds
{8,418)
(8,419)
(632)
Reconclllatlon of funds
Total funds brought forw3rd
Total funds carrled forward
60,166
60,166
51,748
60,798
51,748
60,166
The stalemenl of flnancial activities includes all gains and10sses recognised in the year.
All Income and expenditure derlve from contlnulng aclivilies.
The notes on pages 7 to 11 form part of these linan¢lal statèments.

Lakeview Village Hall Trust
Statement of Financlal Posltlon
30 Aprll 2024
2024
2023
Noto
Current assets
Debtors
Cash at bank and In hand
12
2,744
49,343
52,087
1.965
58,541
60,506
Credltors: amounls falllng due wlthln one year
Nol current asset8
13
340
340
51,747
60,166
Total assets less current Ilabllltlos
51,747
51,747
60,166
Net assets
60,166
Funds of the charlty
Unrestricted funds
51,748
60,166
Tolal charlty funds
14
51,748
60,166
The
financlal slalements were approved by the board of Iruslees and aulhorised for Issue on
., and are signed on behalf of the board by..
C McGowan
Trust8e
Tho notes on paggs 7 to 11 fonn part of these flnanclal statgments.

Lakeview Village Hall Trust
Notes to the Financial Statements
Year ended 30 April 2024
General Informatlon
The charity is a public benefit entity and a registered charity in England and Wales and Is
unincorporated. The address of the principal office is Great Easthall Way, Sittingbourne. Kent, ME10
3TF.
Statement of compllance
These financial slatèmenls hava been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the R8public of Ireland,, Ihe Slalement of
Recommended Practice applicable lo charities preparing their accounts In accordance with th6
Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 102) (Charlties
SORP IFRS 1021) and the Charities A¢1 2011.
Ac¢ountlng pollcl88
Bas18 of preparatlon
The financial slalements have been prepared on the hlstorical c05t basis, as modifled by the
revaluation of certain financial assets and liabilities and investment properties measured at fair value
through income or expendltur8.
The flnancial statements are prepared in sterllng, whl¢h Is the functional currency of the entity.
Golng concern
Thèr8 ar8 no material uncertainties about the charity's ability to continue.
Judgements and key sources of ostlmatlon uncertalnty
No judgements, estimates and assumptions have been made In thes8 financial statements.
Fund accountlng
Unrestrict8d funds are available for use at the discretion of the trustees to further any of the charitvs
purposes.
Designated funds are unrestrlcled funds earmarked by the trustees for particular future Project or
commitment.
R8strict8d funds are subjected lo restrictions on their expenditure declared by th8 donor or through
the terms of an appeal. and fall into one of Iwo sub-classes.. restricted income funds or endowment
funds.

Lakeview Village Hall Trust
Notes to the Flnanclal Statements (contlnued)
Year ended 30 April 2024
Accountlng pollcles fcontlnu•d)
Incomlng resourcos
All incoming resources are Included in the statement of financial activities when entitlement has
passed lo the charity: il is probable that the economic benefits associated with th8 transaction will
flow lo the charity and the amount Gan be reliably m8asured. The following specific policies are
applied to particular categories of income..
income from donatlons or grants is recognised when there is evidence of entitlement ￿ the gift,
receipt is probable and ils amounl can be measured reliably.
legacy income is recognised when receipt Is probable and enlitlement is eslabli5hed.
Income from donated goods Is measured al the fair value of the goods unless this is Impractical
lo measure reliably. In which case th8 value is derived from the cost to the donor or the
estimated resale value. Donated facilities and services are recognised in the accounts when
re¢eived If the value can be reliably measured. No amounts are included for the contribution of
general volunteers.
income from conlra¢ls for the supply of services Is recognised wilh the dellvery of the contracted
S8rvice. This is classified as unreslriGted funds unless there Is a contractual requirement for il to
be spent on a particular purpose and returned if unspent, In which case it may be regarded as
restricted.
Resour¢e8 expended
Expenditure is recognised on an 8¢¢ruals basis as a liability is incurred. Expendituré includes any
VAT whlch cannot be fully recovered, and is classified under headings of the slalement of financial
activities lo which11 relates..
expenditure on raising funds includ8s the costs of all fundralsing actlvitl8S, events, non-
charitable trading activities. and the Sale of donated goods.
expènditure on charitabl8 activities includes all costs incurred by a charity in undertaking
activities that further its charitable alms for the benefit of ils benefl¢iaries, including those
support cosls and costs relating lo the govèrnance of the charity apportioned to charilable
activities.
other expendlture includ8s all expenditure that is neither related to raising funds for the charlty
nor part of its expenditure on charitable aclivilies.
All costs are allocated lo expenditure categories reflecting the use of the resource. Dlr8Ct cosls
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
between the activitie5 they ¢ontribute to on a reasonable, justif18ble and consistant basis.
Flnanclal Instruments
A financial asset or a financial liability is recognised only when the charity becomes a paty to the
contraclual provisions of the instrument.
Basic financial instruments are initially recognised at the amounl receivable or payable including any
related Iransaction costs.

Lakeview Village Hall Trust
Notes to the Financial Statements (contlnuedj
Year ended 30 Aprll 2024
Accounllng pollcles {conllnu*d)
Flnanclal Inslruments (conllnuvd)
Curr8nt assets and current liabilities are subsequently measured at the cash or other consideration
expected to be paid or r8c8iV8d and not discounted.
Debt instruments are 5ub5equenlly measured at amortised cost.
Where investments in shares are publicly traded or th8lr falr value can otherwise be measured
reliably, the Investm8nl is subsequently measured at fair value with Changes in faif value recognised
in income and expenditure. All other such Investments are subsequenlly measured at cost less
impairment.
Other financial Instruments, including derivatives, are initially recognised at fair value. unless payment
for an asset is deferred beyond normal business terms or financed at a rate of inleresl that is not a
market rate. in which case the asset is measured al the present valuè of the future payments
discounted at a market rate of Interest for a similar debt Instrument.
Other financial instruments are subsequently measured at falr valu8, Wlth any change5 re¢ognlsed In
the slalemenl of financial activities, with the exception of h8dging instruments in a deslgnated
hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of
impairment al the end of each reporting date. If there is objective evidence of impalrment, an
Impairment loss is recognised under the appropriate heading in the slalemenl of financial aclivilies in
which the initlal gain was r8cognised.
For all equlty Instruments r8gard18ss of significance, and other financial assets that are individually
significant, these are assessèd indivldually for impairment. Other financial assets are eith8r assessed
Indlvldually or grouped on the basis of simllar credit risk ¢harac16riStics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not
result in a carrying amount of the financial asset that exceeds what the ¢arrylng amount would have
been had the impairment not previously been reGognis8d.
Donatlons and legacles
Unrestricted Total Funds Unreslricled Total Funds
Funds
2024
Funds
2023
Donatlons
Business contributions
209
209
117
117
Charltable actlvltles
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Hall hire
17,127
17,127
14,414
14.414

Lakeview Village Hall Trust
Notes to the Financial Statements fGoftIinu￿J
Year ended 30 April 2024
Costs of other tradlng actlvltl88
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Hall hire - repairs & maintenance
Hall hire - insLbrance
9,843
505
9,843
505
4,117
354
4,117
354
10,348
10,348
4,471
4,471
Expendllure on charltable actlvllles by fund type
Unr8Stricted Total Funds Unrestricted Tolal Funds
Funds
2024
Funds
2023
Support costs
15.406
15,407
10.692
10,692
Expendlture on charltable actlvltles by actlvlty type
Total funds
2024
Tolal fund
2023
Support costs
Hall costs
15,407
15,407
10,692
Analysls of support co$ls
Hall hire
Total 2024
Total 2023
General offlce
Finance costs
15,066
340
15,066
340
10,352
340
15,406
15,406
10,692
10. Independent examlnatlon fees
2024
2023
Fees payable to the Independenl examiner for:
Independent examination of the financial statements
340
340
11. Trustee romunèratlon and expenses
During th8 year £237 was paid to S Capper for stocklhall checking. £2,382 was paid to S Goatham
for hall cleaning. £144 was paid to A McGowan for website costs and £606 was paid to M Bency¢h
for gardening services. No other remuneration or other benefits from employment with the charity or a
related entity were received by the trustees.
10

Lakeview Village Hall Trust
Notes to the Financial Statements (¢¢ntlnuod)
Year ended 30 April 2024
12. Debtors
2024
2023
Trade debtors
Prepayments and accrued income
2,442
302
1,741
224
2,744
1,965
13. Credltors: amounts falllng due wlthln one year
2024
2023
A¢¢ruals and d6ferr6d income
340
340
14. Analysls of ¢harltable funds
Unreslrlcted funds
At
1 May 2023
At
Income Expendlture 30 Aprll 2024
General funds
60,166
17,336
(25,754)
51.748
At
1 May 2022
At
Income Expendllure 30 April 2023
General funds
60,798
14,531
115,1631
60,166
15. Analysls of net assets betweén funds
Unrestricted Tolal Fund8
Funds
2024
Current assets
Creditors less than 1 year
Nel assets
52,087
13401
51,747
52,087
(340)
51,747
Unrestricted Total Funds
Funds
2023
Cufrenl ass8ts
Creditors less than 1 y8ar
Net assets
60,506
{340)
60,166
60.506
{3401
60.166
11