Docusign Envelope ID: AD5FCCA1-C7A0-46F1-935B-EC11EE0D5BB5
CHARITY REGISTRATION NUMBER: 1172312
Lakeview Village Hall Trust Unaudited Financial Statements 30 April 2025
LW, CHARTERED ACCOUNTANT
Chartered accountants 10 Pintail Drive Iwade Kent ME9 8QW
Docusign Envelope ID: AD5FCCA1-C7A0-46F1-935B-EC11EE0D5BB5
Lakeview Village Hall Trust
Financial Statements
Year ended 30 April 2025
| Page | |
|---|---|
| Trustees' annual report | 1 |
| Independent examiner's report to the trustees | 5 |
| Statement of financial activities | 6 |
| Statement of financial position | 7 |
| Notes to the financial statements | 8 |
Docusign Envelope ID: AD5FCCA1-C7A0-46F1-935B-EC11EE0D5BB5
Lakeview Village Hall Trust
Trustees' Annual Report
Year ended 30 April 2025
The trustees present their report and the unaudited financial statements of the charity for the year ended 30 April 2025.
Chair's report
The eighth year of operation continued with stable success; the infrastructure of the hall required some remedial/snagging work from the project. The hall remained as a temporary lease arrangement with Swale Borough Council (SBC), the full lease will not be signed until all snagging for the build is resolved with SBC. SBC approached the trust to endeavour to reach an agreement with the trust regarding the signing of a full lease. The trust met 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 date SBC have not yet completed any of the snags, as a result the trust has not signed a full lease. The trust is however fully committed to maintaining the building. The trust continues to meet regularly as required throughout the year, operational decisions are made during trust meetings with minor decisions made via social messaging. We have experienced a growth in our club hirers this year.
The trust has maintained a good relationship with the regular hirers, the hirers are a principle part of the hall and have ensured that the hall is looked after, they report regularly to the trust 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 monitor the alarm system, the CCTV is being monitored from a web based app on the trust's members' phones. In addition to this the trust has invested in a digital key locking system that will allow keys to be accessible within certain times for party hirers. This has proven to be very successful; hirers are given clear instructions to allow them to use the hall with more independence.
Reference and administrative details
Registered charity name Lakeview Village Hall Trust Charity registration number 1172312 Principal office Great Easthall Way Sittingbourne Kent ME10 3TF
1
Docusign Envelope ID: AD5FCCA1-C7A0-46F1-935B-EC11EE0D5BB5
Lakeview Village Hall Trust
Trustees' Annual Report (continued)
Year ended 30 April 2025
The trustees
P Burleigh (Resigned 8 June 2025) S Capper (Resigned 8 June 2025) A McGowan (Resigned 8 June 2025) C McGowan (Resigned 8 June 2025) G Harvey (Resigned 8 June 2025) J Moore (Appointed 25 July 2025) M Bencych (Resigned 8 June 2025) R Eseku (Appointed 25 July 2025) S Adjei (Appointed 26 July 2025) S Goatham A Ugorji (Appointed 25 July 2025) K Emmanuel (Appointed 25 July 2025) K Wagstaff (Appointed 25 July 2025) L Bowden (Appointed 25 July 2025, resigned 28 December 2025) L Hardie (Appointed 25 July 2025) M Falana (Appointed 25 July 2025) N Bowden (Appointed 25 July 2025, resigned 28 December 2025)
Independent examiner Louise Wade LW, Chartered Accountant 10 Pintail Drive Iwade Kent ME9 8QW
Structure, governance and management
The Lakeview Village Hall Trust was formed to operate as a charitable trust registered with the UK Charities commission. The trust is currently formed of 9 trustees; the trustees are residents of the local community of Great Easthall. The trust is structured as a Charitable Incorporated Organisation (Foundation Structure).
Objectives and activities
To further benefit the residents of Easthall Estate and the local community, without distinction of sex, sexual orientation, race or of 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 interest of social welfare for recreation and leisure time occupation with the objective of improving the conditions of life for the residents.
This is achieved by offering hire space to the community, clubs and organisations for the use of the hall. The hire space is offered under a hire agreement which sets out the responsibilities and requirements of the hirer to respect the property 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.
2
Docusign Envelope ID: AD5FCCA1-C7A0-46F1-935B-EC11EE0D5BB5
Lakeview Village Hall Trust
Trustees' Annual Report (continued)
Year ended 30 April 2025
Achievements and performance
During the year, the Trust has successfully managed its income and expenditure in line with its established business plan. This plan set out projected income and costs, based on comparisons with similar community centres within the borough. Ongoing monitoring of financial performance has ensured that the Trust remains in a stable position and is operating within its means.
A key achievement has been the benefit derived from the hall's environmentally conscious design. The building was designed to minimise its environmental impact, incorporating modern, energy-efficient technologies that allow it to operate with reduced resource consumption. This has not only supported sustainability objectives but has also helped to keep running costs low.
The Trust has also made progress in strengthening its governance by seeking to recruit new trustees with relevant skills and experience, ensuring the continued effective management and development of the hall.
Trustees have met quarterly to oversee the Trust's activities and performance. In addition, the hall has hosted a number of successful community events throughout the year, including a quiz night, two games nights, and a carol service evening. These events have supported community engagement, increased use of the facility, and contributed to the Trust's income.
Overall, the Trust has made positive progress in its first year of operation under the new board, establishing a strong foundation for future growth and community involvement.
Financial review
A start up fund was made available to the trust from the section 106 money plus a grant from KCC to enable the village hall to be operational to the community for the first three years of operation. The trust takes an income from the hire of the hall to pay for the bills and maintenance running costs of the building, the popularity of the hall has been such that the income is currently covering the costs of the utility bills and allowing the trust to build a small contingency fund to cover costs in the event that the hire space loses its popularity.
The trust does not employ any staff however it does pay for contract services such as window cleaning, gardening and cleaning of the hall.
Plans for future periods
The trust is now looking at ensuring the infrastructure is maintained now that the warranties have expired, the trust are using local trades to maintain the equipment and infrastructure. The trust has recruited trustees with dedicated roles, the roles identified are Events and Maintenance, in this way we have started to offer community events and have trustees who can concentrate on specific roles.
3
Docusign Envelope ID: AD5FCCA1-C7A0-46F1-935B-EC11EE0D5BB5
Lakeview Village Hall Trust
Trustees' Annual Report (continued)
Year ended 30 April 2025
18/4/2026 The trustees' annual report was approved on .............................. and signed on behalf of the board of trustees by:
R Eseku Trustee
4
Docusign Envelope ID: AD5FCCA1-C7A0-46F1-935B-EC11EE0D5BB5
Lakeview Village Hall Trust
Independent Examiner's Report to the Trustees of Lakeview Village Hall Trust
Year ended 30 April 2025
I report to the trustees on my examination of the financial statements of Lakeview Village Hall Trust ('the charity') for the year ended 30 April 2025.
Responsibilities and basis 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 (‘the Act’).
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Louise Wade LW, Chartered Accountant Independent Examiner
10 Pintail Drive Iwade Kent ME9 8QW
5
Docusign Envelope ID: AD5FCCA1-C7A0-46F1-935B-EC11EE0D5BB5
Lakeview Village Hall Trust
Statement of Financial Activities
Year ended 30 April 2025
| 2025 | 2025 | 2024 | ||
|---|---|---|---|---|
| Unrestricted | ||||
| funds | Total funds | Total funds | ||
| Note | £ | £ | £ | |
| Income and endowments | ||||
| Donations and legacies | 4 | – | – | 209 |
| Charitable activities | 5 | 20,815 | 20,815 | 17,127 |
| Investment income | 6 | 503 | 503 | – |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Total income | 21,318 | 21,318 | 17,336 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| Expenditure | ||||
| Expenditure on raising funds: | ||||
| Costs of other trading activities | 7 | 14,302 | 14,302 | 10,348 |
| Expenditure on charitable activities | 8,9 | 2,689 | 2,690 | 15,407 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Total expenditure | 16,991 | 16,992 | 25,755 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Net income/(expenditure) and net movement in funds | 4,327 | 4,326 | (8,419) | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| Reconciliation of funds | ||||
| Total funds brought forward | 51,748 | 51,748 | 60,166 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Total funds carried forward | 56,075 | 56,075 | 51,748 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 8 to 14 form part of these financial statements.
6
Docusign Envelope ID: AD5FCCA1-C7A0-46F1-935B-EC11EE0D5BB5
Lakeview Village Hall Trust
Statement of Financial Position
30 April 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Note | £ | £ | |
| Fixed assets | |||
| Tangible fixed assets | 14 | 411 | – |
| Current assets | |||
| Debtors | 15 | 2,599 | 2,744 |
| Cash at bank and in hand | 53,434 | 49,343 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| 56,033 | 52,087 | ||
| Creditors: amounts falling due within one year | 16 | 370 | 340 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Net current assets | 55,663 | 51,747 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Total assets less current liabilities | 56,074 | 51,747 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Net assets | 56,074 | 51,747 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| Funds of the charity | |||
| Unrestricted funds | 56,075 | 51,748 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Total charity funds | 17 | 56,075 ৶৶৶৶৶৶৶৶ |
51,748 ৶৶৶৶৶৶৶৶ |
These financial statements were approved by the board of trustees and authorised for issue on 18/4/2026........................, and are signed on behalf of the board by:
R Eseku Trustee
The notes on pages 8 to 14 form part of these financial statements.
7
Docusign Envelope ID: AD5FCCA1-C7A0-46F1-935B-EC11EE0D5BB5
Lakeview Village Hall Trust
Notes to the Financial Statements
Year ended 30 April 2025
1. General information
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.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', 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 (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
No judgements, estimates and assumptions have been made in these financial statements.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
8
Docusign Envelope ID: AD5FCCA1-C7A0-46F1-935B-EC11EE0D5BB5
Lakeview Village Hall Trust
Notes to the Financial Statements (continued)
Year ended 30 April 2025
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
-
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
-
legacy income is recognised when receipt is probable and entitlement is established.
-
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
-
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
-
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
9
Docusign Envelope ID: AD5FCCA1-C7A0-46F1-935B-EC11EE0D5BB5
Lakeview Village Hall Trust
Notes to the Financial Statements (continued)
Year ended 30 April 2025
3. Accounting policies (continued)
Tangible assets (continued)
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment - 33% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.
10
Docusign Envelope ID: AD5FCCA1-C7A0-46F1-935B-EC11EE0D5BB5
Lakeview Village Hall Trust
Notes to the Financial Statements (continued)
Year ended 30 April 2025
3. Accounting policies (continued)
Financial instruments (continued)
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 interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
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 carrying amount would have been had the impairment not previously been recognised.
4. Donations and legacies
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
|---|---|---|---|---|---|
| Funds | 2025 | Funds | 2024 | ||
| £ | £ | £ | £ | ||
| Donations | |||||
| Business contributions | – | – | 209 | 209 | |
| ৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶ | ||
| 5. | Charitable activities | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2025 | Funds | 2024 | ||
| £ | £ | £ | £ | ||
| Hall hire | 20,815 | 20,815 | 17,127 | 17,127 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| 6. | Investment income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2025 | Funds | 2024 | ||
| £ | £ | £ | £ | ||
| Bank interest receivable | 503 | 503 | – | – | |
| ৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶ |
11
Docusign Envelope ID: AD5FCCA1-C7A0-46F1-935B-EC11EE0D5BB5
Lakeview Village Hall Trust
Notes to the Financial Statements (continued)
Year ended 30 April 2025
7. Costs of other trading activities
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | 2025 | Funds | 2024 | |
| £ | £ | £ | £ | |
| Hall hire - light & heat | 6,949 | 6,949 | – | – |
| Hall hire - repairs & maintenance | 6,832 | 6,832 | 9,843 | 9,843 |
| Hall hire - insurance | 521 | 521 | 505 | 505 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| 14,302 | 14,302 | 10,348 | 10,348 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
8. Expenditure on charitable activities by fund type
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | 2025 | Funds | 2024 | |
| £ | £ | £ | £ | |
| Hall costs | 205 | 205 | – | – |
| Support costs | 2,484 | 2,485 | 15,406 | 15,407 |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| 2,689 | 2,690 | 15,406 | 15,407 | |
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | |
| Expenditure on charitable activities by activity type | ||||
| Activities | ||||
| undertaken | Total funds | Total fund | ||
| directly Support costs | 2025 | 2024 | ||
| £ | £ | £ | £ | |
| Hall costs | 205 | 2,485 | 2,690 | 15,407 |
| ৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | |
| Analysis of support costs | ||||
| Hall hire | Total 2025 | Total 2024 | ||
| £ | £ | £ | ||
| Communications and IT | 926 | 926 | – | |
| General office | 1,087 | 1,087 | 15,066 | |
| Finance costs | 470 | 470 | 340 | |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| 2,483 | 2,483 | 15,406 | ||
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| Net income/(expenditure) | ||||
| Net income/(expenditure) is stated after charging/(crediting): | ||||
| 2025 | 2024 | |||
| £ | £ | |||
| Depreciation of tangible fixed assets | 205 | – | ||
| ৶৶৶৶ | ৶৶৶৶ |
9. Expenditure on charitable activities by activity type
10. Analysis of support costs
11. Net income/(expenditure)
12
Docusign Envelope ID: AD5FCCA1-C7A0-46F1-935B-EC11EE0D5BB5
Lakeview Village Hall Trust
Notes to the Financial Statements (continued)
Year ended 30 April 2025
12. Independent examination fees
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Fees payable to the independent examiner for: | ||
| Independent examination of the financial statements | 370 | 340 |
| ৶৶৶৶ | ৶৶৶৶ |
13. Trustee remuneration and expenses
During the year £237 was paid to S Capper for stock/hall 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 Bencych for gardening services. No other remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
14. Tangible fixed assets
| Equipment | |||
|---|---|---|---|
| £ | |||
| Cost | |||
| At 1 May 2024 | – | ||
| Additions | 616 | ||
| ৄৄৄৄ | |||
| At 30 April 2025 | 616 | ||
| ৶৶৶৶ | |||
| Depreciation | |||
| At 1 May 2024 | – | ||
| Charge for the year | 205 | ||
| ৄৄৄৄ | |||
| At 30 April 2025 | 205 | ||
| ৶৶৶৶ | |||
| Carrying amount | |||
| At 30 April 2025 | 411 | ||
| ৶৶৶৶ | |||
| At 30 April 2024 | – | ||
| ৶৶৶৶ | |||
| 15. | Debtors | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Trade debtors | 2,424 | 2,442 | |
| Prepayments and accrued income | 175 | 302 | |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ||
| 2,599 | 2,744 | ||
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ||
| 16. | Creditors: amounts falling due within one year | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Accruals and deferred income | 370 | 340 | |
| ৶৶৶৶ | ৶৶৶৶ |
13
Docusign Envelope ID: AD5FCCA1-C7A0-46F1-935B-EC11EE0D5BB5
Lakeview Village Hall Trust
Notes to the Financial Statements (continued)
Year ended 30 April 2025
17. Analysis of charitable funds
Unrestricted funds
| Unrestricted funds | ||||||
|---|---|---|---|---|---|---|
| At | At | |||||
| 1 | May 2024 | Income | Expenditure | 30 April 2025 | ||
| £ | £ | £ | £ | |||
| General funds | 51,748 | 21,318 | (16,991) | 56,075 | ||
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | |||
| At | At | |||||
| 1 | May 2023 | Income | Expenditure | 30 April 2024 | ||
| £ | £ | £ | £ | |||
| General funds | 60,166 | 17,336 | (25,754) | 51,748 | ||
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
18. Analysis of net assets between funds
| Unrestricted | Total Funds | |
|---|---|---|
| Funds | 2025 | |
| £ | £ | |
| Tangible fixed assets | 410 | 410 |
| Current assets | 56,034 | 56,034 |
| Creditors less than 1 year | (370) | (370) |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Net assets | 56,074 | 56,074 |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | |
| Unrestricted | Total Funds | |
| Funds | 2024 | |
| £ | £ | |
| Tangible fixed assets | – | – |
| Current assets | 52,087 | 52,087 |
| Creditors less than 1 year | (340) | (340) |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Net assets | 51,747 | 51,747 |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
14