2022-09-30-accounts

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees Report to the CIO AGM on 23 November 2022

This report covers the period from the AGM on 21 November s2021 to 23 November 2022.

The Trustees were pleased to report that this year things have got back to near to normal, following the disruption caused by Covid in previous years. Most of our hirers have resumed their meetings, although, unfortunately, some have ended. However, new groups have filled some of the gaps.

During the last year, Trustees were pleased to welcome Kay Brundell as a new trustee and Lettings Secretary.

The Trustees have continued in their negotiations with the Parish Council over a new lease, but there were still a few issues to be resolved, and this had been ongoing since 2015. The draft lease was currently with the PC who have told us they are seeking independent advice on a couple of issues but they have declined to say what these issues were.

The Village Hall worked with the Parish Council to share the cost of resurfacing part of the car park and many of the problems with potholes have been resolved.

During the year the Trustees had engaged the services of a new cleaner, Carol Curling, who was doing a really good job in keeping the halls in a good state for all hirers.

Unfortunately, during the last 12 months there had been two incidents where the hall had been broken into. On the first occasion, the CCTV system was stolen and some internal damage had to be repaired, and on the second occasion some ice cream was stolen and a fire extinguisher was discharged, but no other damage was done.

The Village Hall’s Modernisation Steering Group had continued to meet, had produced a detailed specification and was in the process of engaging architects to take the project forward. A new wi-fi system had been installed with the use of a grant from East Suffolk Council.

The village hall finances were still sound and there was a reasonable balance in hand. The Trustee were in the process of reviewing the hall hire charges, something which had not been done since 2014.

Attachments Company Tax Return

Uploaded Accounts: WMVH21 {2).pdf

CT600 (2019) Version 3

Company Tax Return

for accounting periods starting on or after 1 April 2015

Your Company Tax Return

If we send the company a 'Notice' to deliver a Company Tax Return it has to comply by the filing date or we charge a penalty, even if there is no tax to pay.

A return includes a Company Tax Return form, any supplementary pages, accounts, computations and any relevant information. The CT600 Guide tells you how the return must be formatted and delivered. It contains general information you may need to deliver your return, links to more detailed advice and box-by–box guidance for this form and the supplementary pages. The forms in the CT600 series set out the information we need and provide a standard format for calculations.

About this return

About this return - continued

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85 I attach accounts and computations for a different period
90 If you are not attaching the accounts and computations, say why not
Supplementary pages enclosed
95 Loans and arrangements to participators by close companies - form CT600A
100 Controlled foreign companies and foreign permanent establishment exemptions - form CT600B
105 Group and consortium - form CT600C
110 Insurance - form CT600D
115 Charities and Community Amateur Sports Clubs (CASCs) - form CT600E X
120 Tonnage Tax - form CT600F
125 Northern Ireland - form CT600G
130 Cross-border Royalties - form CT600H
135 Supplementary charge in respect of ring fence trades - form CT600I
140 Disclosure of Tax Avoidance Schemes - form CT600J
141 Restitution Tax - form CT600K
Tax calculation
Turnover
145 Total turnover from trade £ 0 . 0 0
150 Banks, building societies, insurance companies and other financial concerns -
put an 'X' in this box if you do not have a recognised turnover and have not made an entry in box 145
Income
155 Trading profits £ 0 . 0 0
160 Trading losses brought forward set against trading profits £ . 0 0
165 Net trading profits - box 155 minus box 160 £ 0 . 0 0
170 Bank, building society or other interest, and profits from non-
trading loan relationships £ . 0 0
172 Put an 'X' in box 172 if the figure in box 170 is net of carrying back a deficit from a later accounting period
175 Annual payments not otherwise charged to Corporation Tax and
from which Income Tax has not been deducted £ . 0 0
DRAFT
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Income - continued

180	Non-exempt dividends or distributions from non-UK resident companies	£	.	0	0
185	Income from which Income Tax has been deducted	£	.	0	0

190	Income from a property business	£	.	0	0

195	Non-trading gains on intangible fixed assets	£	.	0	0

200	Tonnage Tax profits	£	.	0	0

205	Income not falling under any other heading	£	.	0	0

Chargeable gains

210 Gross chargeable gains £ 215 Allowable losses including losses brought forward £ 220 Net chargeable gains -box 210 minus box 215 £ Profits before deductions and reliefs 225 Losses brought forward against certain investment income £ 230 Non-trade deficits on loan relationships (including interest) and derivative contracts (financial instruments) brought forward set against non-trading profits £ 235 Profits before other deductions and reliefs -net sum of boxes 165 to 205 and 220 minus sum of boxes 225 and 230 £ DRAFT	210 Gross chargeable gains £ 215 Allowable losses including losses brought forward £ 220 Net chargeable gains -box 210 minus box 215 £ Profits before deductions and reliefs 225 Losses brought forward against certain investment income £ 230 Non-trade deficits on loan relationships (including interest) and derivative contracts (financial instruments) brought forward set against non-trading profits £ 235 Profits before other deductions and reliefs -net sum of boxes 165 to 205 and 220 minus sum of boxes 225 and 230 £ DRAFT	. . . . . .	0 0 0 0 0 0	0 0 0 0 0 0

Deductions and reliefs

240 Losses on unquoted shares	£	.	0	0

245 Management expenses	£	.	0	0

250 UK property business losses for this or previous accounting period	£	.	0	0

255 Capital allowances for the purposes of management of the business	£	.	0	0
260 Non-trade deficits for this accounting period from loan relationships and derivative contracts (financial instruments)	£	.	0	0
263 Carried forward non-trade deficits from loan relationships and derivative contracts (financial instruments)	£	.	0	0

Deductions and reliefs - continued

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265 Non-trading losses on intangible fixed assets £ . 0 0
275 Total trading losses of this or a later accounting period £ . 0 0
280 Put an 'X' in box 280 if amounts carried back from later accounting
periods are included in box 275
285 Trading losses carried forward and claimed against total profits £ . 0 0
290 Non-trade capital allowances £ . 0 0
295 Total of deductions and reliefs -
total of boxes 240 to 275, 285 and 290 £ . 0 0
300 Profits before qualifying donations and group relief -
box 235 minus box 295 £ . 0 0
305 Qualifying donations £ . 0 0
310 Group relief £ . 0 0
312 Group relief for carried forward losses £ . 0 0
315 Profits chargeable to Corporation Tax -
box 300 minus boxes 305, 310 and 312 £ . 0 0
320 Ring fence profits included £ . 0 0
Tax calculation
Enter how much profit has to be charged and at what rate
Financial Rate of tax
year (yyyy) Amount of profit % Tax
330 2020 335 £ 0 340 0.19 345 £ 0 p
350 £ 355 360 £ p
365 £ 370 375 £ p
380 2021 385 £ 0 390 0.19 395 £ 0 p
400 £ 405 410 £ p
415 £ 420 425 £ p
Corporation Tax total of boxes 345, 360, 375, 395, 410 and 425 430 £ 0 . 0 0
Marginal relief for ring fence trades 435 £ .
Corporation Tax chargeable box 430 minus box 435 440 £ 0 . 0 0
DRAFT
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Reliefs and deductions in terms of tax

445 Community investment relief £ .

450 Double taxation relief £ .

455 Put an 'X' in box 455 if box 450 includes an underlying Rate relief claim

460 Put an 'X' in box 460 if box 450 includes an amount carried back from a later period

465 Advance Corporation Tax £ .

470 Total reliefs and deduction in terms of tax - total of boxes 445, 450 and 465 £ . Coronavirus support schemes and overpayments (see CT600 guide for definitions)

471 CJRS Received £ .

472 CJRS Entitlement £ .

473 CJRS overpayment already assessed or voluntary disclosed £ .

474 EOTHO overpayments £ .

Coronavirus support schemes and overpayments (see CT600 guide for definitions)

Calculation of tax outstanding or overpaid

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475 Net Corporation Tax liability - box 440 minus box 470 £ 0 . 0 0
480 Tax payable on loans and arrangements to participators £ .
485 Put an 'X' in box 485 if you completed box A70 in the supplementary
pages CT600A
490 CFC tax payable £ .
495 Bank levy payable £ .
496 Bank surcharge payable £ .
500 CFC tax, bank levy and bank surcharge payable
- total of boxes 490, 495 and 496 £ .
505 Supplementary charge (ring fence trades) payable £ .
510 Tax chargeable - total of boxes 475, 480, 500 and 505 £ 0 . 0 0
515 Income Tax deducted from gross income included in profits £ .
520 Income Tax repayable to the company £ .
525 Self-assessment of tax payable before restitution tax and
coronavirus support scheme overpayments - box 510 minus box 515 £ 0 . 0 0
526 Coronavirus support schemes overpayment now due - total of boxes
471 and 474 minus boxes 472 and 473 £ 0 . 0 0
527 Restitution tax £ .
528 Self-assessment of tax payable - total of boxes 525, 526 and 527 £ .
DRAFT
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Tax reconciliation


530	Research and Development credit	£		.

535	(not currently used)	£		.

540	Creative tax credit	£		.
545	Total of Research and Development credit and creative tax credit - total box 530 to 540	£		.

550	Land remediation tax credit	£		.

555 560 565 570 575 580 585 590	Life assurance company tax credit £ Total land remediation and life assurance company tax credit -total box 550 and 555 £ Capital allowances first-year tax credit £ Surplus Research and Development credits or creative tax credit payable -box 545 minus box 525 £ Land remediation or life assurance company tax credit payable - total of boxes 545 and 560 minus boxes 525 and 570 £ Capital allowances first-year tax credit payable -boxes 545, 560 and 565 minus boxes 525, 570 and 575 £ Ring fence Corporation Tax included £ Ring fence supplementary charge included £ DRAFT			. . . . . . . .

595	Tax already paid (and not already repaid)	£		.
600	Tax outstanding - box 525 minus boxes 545, 560, 565 and 595	£	0	.	0	0
605	Tax overpaid including surplus or payable credits - total sum of boxes 545, 560, 565 and 595 minus 525	£	0	.	0	0
610	Group tax refunds surrendered to this company	£		.
615	Research and Development expenditure credits surrendered to this company	£		.

Indicators and information

620	Franked investment income/Exempt ABGH distributions	£		0	0
			.
625	Number of 51% group companies
	Put an 'X' in the relevant boxes, if in the period, the company:
630	should have made (whether it has or not) instalment payments as a large company under the Corporation Tax (Instalment Payments) Regulations
631	should have made (whether it has or not) instalment payments as a very large company under the Corporation Tax (Instalment Payments) Regulations
635	is within a group payments arrangement for the period
640 has written down or sold intangible assets 645 has made cross-border royalty payments 647 Eat Out to Help Out Scheme: reimbursed discounts included as taxable income £ Information about enhanced expenditure Research and Development (R&D) or creative enhanced expenditure 650 Put an 'X' in box 650 if the claim is made by a small or medium-sized enterprise (SME), including a SME subcontractor to a large company 655 Put an 'X' in box 655 if the claim is made by a large company 660 R&D enhanced expenditure £ DRAFT			. .	0	0

665	Creative enhanced expenditure	£	.	0	0
670	R&D and creative enhanced expenditure total box 660 and 665	£	.	0	0
675	R&D enhanced expenditure of a SME on work subcontracted to it by a large company	£	.	0	0
680	Vaccine research expenditure	£	.	0	0

Land remediation enhanced expenditure

685	Enter the total enhanced expenditure	£	.	0	0

Information about capital allowances and balancing charges Allowances and charges in calculation of trading profits and losses

		Capital allowances	Capital allowances	Balancing charges	Balancing charges	Balancing charges
	Annual investment allowance	690	£

	Machinery and plant - super-deduction	691	£	692	£
	Machinery and plant - special rate allowance	693	£	694	£
	Machinery and plant - special rate pool	695	£	700	£
	Machinery and plant - main pool	705	£	710	£
	Structures and buildings	711	£
	Business premises renovation	715	£	720	£

	Other allowances and charges	725	£	730	£
Electric charge-points Enterprise zones Zero emissions goods vehicles Zero emissions cars Allowances and Annual investment allowance		Capital allowances Disposal value 713 £ 714 £ 721 £ 722 £ 723 £ 724 £ 726 £ 727 £ charges not included in calculation of trading profits and losses Capital allowances Balancing charges 735 £ DRAFT
	Structures and buildings	736	£
	Business premises renovation	740	£	745	£

	Machinery and plant - super-deduction	741	£	742	£
	Machinery and plant - special rate allowance	743	£	744	£
	Other allowances and charges	750	£	755	£
		Capital allowances		Disposal		value
	Electric charge-points	737	£	738	£

Enterprise zones	746	£	747	£

Zero emissions goods vehicles	748	£	749	£

Zero emissions cars	751	£	752	£

Qualifying expenditure

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760 Machinery and plant on which first year allowance is claimed £ . 0 0
765 Designated environmentally friendly machinery and plant £ . 0 0
770 Machinery and plant on long-life assets and integral features £ . 0 0
771 Structures and buildings £ . 0 0
772 Machinery and plant - super-deduction £ . 0 0
773 Machinery and plant - special rate allowance £ . 0 0
775 Other machinery and plant £ . 0 0
DRAFT
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Losses, deficits and excess amounts Amount arising

	Amount	Amount	Maximum available for surrender	Maximum available for surrender
Losses of trades
carried on wholly or partly in the UK	780	£	785	£
Losses of trades
carried on wholly	790	£
outside the UK
Non-trade deficits on loan relationships and derivative contracts UK property business losses Overseas property business losses Losses from miscellaneous transactions Capital losses Non-trading losses on intangible fixed assets	795 £ 800 £ 805 £ 810 £ 815 £ 820 £ 825 £ 830 £ 835 £ DRAFT

Excess amounts

	Amount	Amount	Maximum available for surrender	Maximum available for surrender
Non-trade capital allowances			840	£

Qualifying donations			845	£

Management expenses	850	£	855	£

Overpayments and repayments Small repayments

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860 Do not repay sums of £ . 0 0 or less.
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Read the overpayments and repayments section of the Company Tax Return Guide for specific guidance on when and how to make an entry in this box.

Repayments for the period covered by this return

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865 Repayment of Corporation Tax £ .
870 Repayment of Income Tax £ .
875 Payable Research and Development tax credit £ .
880 Payable Research and Development expenditure credit £ .
885 Payable creative tax credit £ .
890 Payable land remediation or life assurance company tax credit £ .
895 Payable capital allowances first-year tax credit £ .
Surrender of tax refund within group
Including surrenders under the Instalment Payments Regulations.
900 The following amount is to be surrendered £ .
Put an 'X' in the appropriate box(es) below
the joint Notice is attached 905
or
will follow 910
915 Please stop repayment of the following amount until we send you
the Notice £ .
DRAFT
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Bank details (for person to whom a repayment is to be made)

920 Name of bank or building society

925 Branch sort code

930 Account number

935 Name of account

940 Building society reference

Payments to a person other than the company

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945 Complete the authority below if you want the repayment to be made to a person other than the company
I, as (enter status - company secretary, treasurer, liquidator or authorised agent, etc)
950 of (enter company name)
955 authorise (enter name)
960 of address (enter address)
965 Nominee reference
to receive payment on company's behalf
970 Name
Declaration
Declaration
I declare that the information I have given on this Company Tax Return and any supplementary pages is correct and complete to the best of my
knowledge and belief.
I understand that giving false information in the return, or concealing any part of the company’s profits or tax payable, can lead to both the company
and me being prosecuted.
DRAFT
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975 Name

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980 Date DD MM YYYY
1 5 0 2 2 0 2 3
985 Status
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Company Tax Return – supplementary page

Charities and Community Amateur Sports Clubs (CASCs) CT600E (2015) Version 3 for accounting periods starting on or after 1 April 2015

Guidance

Guidance about when and how to complete this supplementary page can be found in the CT600 Guide.

For further information read What supplementary pages do I need to complete and include as part of the Company Tax Return? to find out what supplementary pages you need to complete.

Also, read the Important points about all supplementary pages and CT600E – Charities and Community Amateur Sports Clubs (CASCs) for further guidance about completing this supplementary page.

Information required

Enter details of any income received from the following sources, claimed as exempt from tax in the hands of the charity/CASC. Enter the figure included in the charity's/CASC'S accounts for the period covered by this return.

Non-exempt amounts should be entered on form CT600 in the appropriate boxes.

Type of income Amount Enter total turnover from exempt charitable trading activities E50 £ 3 4 2 4 . 0 0 Investment income – exclude any amounts included on form CT600 E55 £ 0 . 0 0 UK land and buildings – exclude any amounts included on form CT600 E60 £ 0 . 0 0 Gift Aid – exclude any amounts included on form CT600 E65 £ 0 . 0 0 From other charities – exclude any amounts included on form CT600 E70 £ 2 7 2 0 8 . 0 0 Gifts of shares or securities received E75 £ 0 . 0 0 Gifts of real property received E80 £ 0 . 0 0 Other sources (not included above) E85 £ 1 4 0 7 . 0 0 Total of boxes E50 to E85 E90 £ 3 2 0 3 9 . 0 0 Enter details of expenditure as shown in the charity's/CASC's accounts for the period covered by these supplementary pages Type of expenditure Amount Trading costs in relation to exempt charitable activities (in box E50) E95 £ 1 5 7 9 4 . 0 0 UK land and buildings costs in relation to exempt charitable activities (in box E60) E100 £ . 0 0 All general administration/governance costs E105 £ 1 2 3 7 . 0 0 All grants and donations made within the UK E E110 £ 0 . 0 0 All grants and donations made outside the UK E115 £ 0 . 0 0 Other expenditure not included above, or not used in calculating figures entered on the form CT600 E120 £ 0 . 0 0 Total of boxes E95 to E120 E125 £ 1 7 0 3 1 . 0 0 DRAFT	Type of income Amount Enter total turnover from exempt charitable trading activities E50 £ 3 4 2 4 . 0 0 Investment income – exclude any amounts included on form CT600 E55 £ 0 . 0 0 UK land and buildings – exclude any amounts included on form CT600 E60 £ 0 . 0 0 Gift Aid – exclude any amounts included on form CT600 E65 £ 0 . 0 0 From other charities – exclude any amounts included on form CT600 E70 £ 2 7 2 0 8 . 0 0 Gifts of shares or securities received E75 £ 0 . 0 0 Gifts of real property received E80 £ 0 . 0 0 Other sources (not included above) E85 £ 1 4 0 7 . 0 0 Total of boxes E50 to E85 E90 £ 3 2 0 3 9 . 0 0 Enter details of expenditure as shown in the charity's/CASC's accounts for the period covered by these supplementary pages Type of expenditure Amount Trading costs in relation to exempt charitable activities (in box E50) E95 £ 1 5 7 9 4 . 0 0 UK land and buildings costs in relation to exempt charitable activities (in box E60) E100 £ . 0 0 All general administration/governance costs E105 £ 1 2 3 7 . 0 0 All grants and donations made within the UK E E110 £ 0 . 0 0 All grants and donations made outside the UK E115 £ 0 . 0 0 Other expenditure not included above, or not used in calculating figures entered on the form CT600 E120 £ 0 . 0 0 Total of boxes E95 to E120 E125 £ 1 7 0 3 1 . 0 0 DRAFT	Type of income Amount Enter total turnover from exempt charitable trading activities E50 £ 3 4 2 4 . 0 0 Investment income – exclude any amounts included on form CT600 E55 £ 0 . 0 0 UK land and buildings – exclude any amounts included on form CT600 E60 £ 0 . 0 0 Gift Aid – exclude any amounts included on form CT600 E65 £ 0 . 0 0 From other charities – exclude any amounts included on form CT600 E70 £ 2 7 2 0 8 . 0 0 Gifts of shares or securities received E75 £ 0 . 0 0 Gifts of real property received E80 £ 0 . 0 0 Other sources (not included above) E85 £ 1 4 0 7 . 0 0 Total of boxes E50 to E85 E90 £ 3 2 0 3 9 . 0 0 Enter details of expenditure as shown in the charity's/CASC's accounts for the period covered by these supplementary pages Type of expenditure Amount Trading costs in relation to exempt charitable activities (in box E50) E95 £ 1 5 7 9 4 . 0 0 UK land and buildings costs in relation to exempt charitable activities (in box E60) E100 £ . 0 0 All general administration/governance costs E105 £ 1 2 3 7 . 0 0 All grants and donations made within the UK E E110 £ 0 . 0 0 All grants and donations made outside the UK E115 £ 0 . 0 0 Other expenditure not included above, or not used in calculating figures entered on the form CT600 E120 £ 0 . 0 0 Total of boxes E95 to E120 E125 £ 1 7 0 3 1 . 0 0 DRAFT
	0	0

Information required

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Charity/CASC assets
Disposals in period Held at the end of the period
(total consideration received) (use accounts figures)
Tangible fixed assets E130 £ 0 E135 £ 7 6 9 1 8
UK investments
(excluding controlled E140 £ 0 E145 £ 0
companies)
Shares in, and loans
to, controlled E150 £ 0 E155 £ 0
companies
Overseas investments E160 £ 0 E165 £ 0
Loans and non-trade debtors E170 £ 0
Other current assets E175 £ 0
Qualifying investments and loans
E180
Applies to charities only. See CT600 Guide
Value of any non-qualifying investments and loans E185 £
Applies to charities only. See CT600 Guide
Number of subsidiary or associated companies the charity E190 controls at the E190 0
end of the period. Exclude companies that were dormant throughout the period
DRAFT
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Company Tax Return

Your Company Tax Return

Company information

About this return

Chargeable gains

Deductions and reliefs - continued

Reliefs and deductions in terms of tax

Calculation of tax outstanding or overpaid

Qualifying expenditure

Losses, deficits and excess amounts Amount arising

Excess amounts

Repayments for the period covered by this return

Bank details (for person to whom a repayment is to be made)

Company Tax Return – supplementary page

Guidance

Company information

Information required