**Charity Registration Number 1172784** 

## **LEVERSTOCK GREEN VILLAGE ASSOCIATION CIO** 

## **ANNUAL REPORT AND ACCOUNTS** 

**FOR THE YEAR ENDED 31 AUGUST 2022** 



**LEVERSTOCK VILLAGE ASSOCIATION CIO** 

## **TRUSTEES’ REPORT** 

## **FOR THE YEAR ENDED 31 AUGUST 2022** 

The Trustees present the annual report and financial statements of the charity for the year ended 31 August 2022. The financial statements comply with current statutory requirements and the requirements of the Charity’s governing document. 

## **OBJECTIVES AND ACTIVITIES Objects** 

The charity’s objects, as detailed in the constitution, are: 

To promote the benefit and protect the interests of the inhabitants of Leverstock Green and the neighbourhood without distinction of sex, sexual orientation, race or of political, religious or other opinions, by associating together the said inhabitants 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 and leisure time occupation with the object of improving the conditions of life for the said inhabitants. 

Establish or secure the establishment of a community centre, The Village Hall, and to maintain and manage the same (whether alone or in co-operation with any local authority or other person or body) in furtherance of these objects. 

## **Activities** 

In order to achieve these objectives, during the year the charity has: 

Kept a watching brief on all planning and environment issues which affect residents and lobbied the appropriate authorities where necessary. 

Ensured that the Village Hall is well maintained and appropriate for all hall users and drawn up plans to initiate refurbishment projects to keep the facilities to a standard expected by the local residents and users.  In this connection the charity has liaised with the Leverstock Green Parish Trust for funding. 

Raised funds by a variety of means to cover any shortfall between the hall-hire income and expenses; to pay for the refurbishment works.  The hall has been open since September 2021 and has almost returned to precovid booking rates; extra cleaning is still taking place. 

Maintained sub-committees as are necessary to address the aims and objectives of the Constitution.  These currently comprise, Hall Management; Finance; Environment; and Fete/Fund raising all of which report back to the Main Committee.  Normal face-to-face meetings have been taking place. 

Placed any surplus funds not needed for immediate running of the Village Hall, or other projects, on deposit to earn interest. 

## **Public benefit** 

The Trustees have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives and in the planning and operations of all its current and future activities.  In particular, the Trustees have given due regard to public benefit to ensure that all the activities have open access and are affordable. 

1 



**LEVERSTOCK VILLAGE ASSOCIATION CIO** 

## **TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022** 

## **ACHIEVEMENTS AND PERFORMANCE** 

Until the closure of the hall regular hiring bookings remained fairly constant and provided a variety of activities for members of the community and these have now returned to almost pre-covid bookings.  These were also supplemented with occasional bookings.  Children’s birthday parties have now resumed and these continue to be popular and a good source of income. 

## **Environmental Issues** 

The Environmental Sub-Committee (ESC) is made up of members of the main committee and other local residents.  Its function is to examine planning applications and proposals with the aim of protecting and preserving the local environment, amenities and Green Belt from encroachment or inappropriate development.  The ESC also examines relevant National, Regional, County and Local Plans to establish the possible impact on the environment and amenities of Leverstock Green and the wider LGVA Area of Benefit. 

The ESC has monitored closely the emerging St Albans and Dacorum Local Plans.  Both plans have been delayed by a number of internal and external factors.  The St Albans Plan, which holds the prospect of substantial housing developments in the East Hemel Area, is now not expected to be adopted until 2025 at the earliest. 

The Poppy Fields Cemetery is complete and will be brought into use when the current Woodwell’s Cemetery reaches its capacity.  The new Crematorium is structurally complete and once the internal fittings have been installed the complex is scheduled to open in March 2023.  The whole development will occupy the land between the Bunkers Park access road and Bunkers Lane. 

## **Events provided in accordance with our aims:** 

Fireworks, Winter Fayre, Christmas Lights and Village Fete 

The Fireworks display for Nov-21 did not take place due to combination of shortage of volunteers and cost. The display for Nov-22 will not take place due mainly to the increased costs involved. 

The Winter Fayre and Christmas Lights were held in Nov-21.  This was the first event on re-opening of the hall and proved very popular with a good turnout from the village and elsewhere. 

The Summer Fete also proved popular and it is hoped that 2023 will see an improved and different set up. 

## Additional Activities 

The Hall Management Sub-Committee continues to oversee the running of the hall, thus providing a welcoming venue for the numerous local groups who meet regularly in the Hall as well as for our occasional hirers. 

Although never reaching the maximum number of participants the 500 Club has continued to run, providing additional funds for the Association with the possible chance of being the lucky winner of the first prize of £100 every month.  Second and third prizes are considerably lower. 

2 



**LEVERSTOCK VILLAGE ASSOCIATION CIO** 

## **TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022** 

## **FINANCIAL REVIEW** 

## **Reserves** 

It is the policy of the charity that unrestricted funds, which have not been designated for a specific use, should be maintained at a level equivalent of £60,000 or twelve months’ hall expenditure whichever is the greater. The Trustees consider that reserves at this level will ensure that in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised.  This level of reserves has been maintained throughout the year. 

At 31 August 2022 the charity held free reserves of £130,360 (2021: £142,669).  This equates to 26 months of running costs.  The committee is aware of the excess reserves.  Any investments will be made with caution due to the uncertainty driven by Covid-19 and the adverse impact it has had on Hall income. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

The Leverstock Green Village Association CIO is governed by its constitution dated 27 April 2018. 

15 individual trustees are elected at the Association’s Annual General Meeting.  Trustees representing local bodies are nominated by each individual body under its prevailing rules or constitution.  At its first meeting after the Annual General Meeting the Management Committee elects from among its members the Officers of the charity to serve for the forthcoming year.  Two members are appointed by our landlords, Dacorum Borough Council. 

A Welcome Pack is in place to give to each new Trustee on joining the Main Management Committee.  It is reviewed and updated each time it is needed so that the very latest information is included.  In addition to the Constitution, latest accounts, minutes of last 2 months’ meetings, the various Policies, a map of our Area of Benefit and information from the Charity Commission concerning Trustees, information such as contact details of staff and Trustees, a Who’s-Who of those actively involved in the association, a history of the charity and the Village Hall, also of the Parish Trust and their Charity Scheme and any other material considered relevant, is given.  All new Trustees are personally welcomed by the Chairman and encouraged to ask any questions and join any sub-committee in which they may have a particular interest and are assigned an experienced trustee to assist in familiarising themselves with the charity’s activities. 

Powers to invest the charity’s funds for the benefit of the charity and its members are set out in the Constitution and are vested in the Management Committee. 

The charity has no direct connection with any other charity or organisation, but the Leverstock Green Parish Trust provides the charity with donations towards the maintenance of the hall in accordance with its own Scheme of Arrangement. 

With the exception of the paid staff, all Trustees are volunteers and all the work of the charity is undertaken by volunteers (not necessarily Trustees) without whom the charity would not be able to function. 

The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. 

3 



## **LEVERSTOCK VILLAGE ASSOCIATION CIO** 

## **TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31[ST] AUGUST 2022** 

## **REFERENCE AND ADMINISTRATIVE DETAILS** 

Leverstock Green Village Association CIO is an incorporated charity registered with the Charity Commission (number 1172784). 

The principal operating address of the charity is: 

Village Hall Leverstock Green Herts HP3 8QG 

The Trustees who served in the year and up to the date of this report were: 

**Elected Members** A Weightman M Rayner Secretary (also Leverstock Green Womens’ Institute Representative) D Tang Treasurer J Baldwin S Brind C B Gage Vice-Chairman (also Holy Trinity Church Representative) B Makins also Leverstock Green Cricket Club Representative I Parish Chairman R Sutton N Taylor J Walker R Selby Resigned 4-Apr-22 R Goldstein Co-opted 11-Oct-21 

## **Representative Members** 

Leverstock Green Football Club W Dawes Leverstock Green Tennis Club A Woof Leverstock Green Players D Reeve Our Lady Queen of all Creation RC Church H Bassadone 

## **Nominated Members** 

Dacorum Borough Council Councillor M Griffiths Dacorum Borough Council Councillor N Harden 

4 



**LEVERSTOCK VILLAGE ASSOCIATION CIO** 

## **TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31[ST] AUGUST 2022** 

## **STATEMENT OF TRUSTEES’ RESPONSIBILITIES** 

The Trustees are responsible for preparing the accounts in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. 

Law applicable to charities in England and Wales requires the trustees to prepare accounts for each financial year which give a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year. 

In preparing accounts giving a true and fair view, the Trustees should follow best practice and: 

- select suitable accounting policies and then apply them consistently; 

- make judgements and estimates that are reasonable and prudent; 

- state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the accounts; and 

- prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. 

The Trustees are responsible for keeping accounting records that disclose with reasonable accuracy the financial position of the Charity and which enable them to ascertain the financial position of the charity and which enable them to ensure that the accounts comply with the Charities Act 2011 and the provisions of the trust deed.  They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

By order of the Trustees 

I Parish – Chairman 

14 November 2022 

5 



LEVERsfocK VILLAGE AssoaAllON ao
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE LEVERStOCK GREEN VILLAGE AssoaAIION ao
I report to the trustees on the a(C￿nts of Levwstock Green Village AsKKiation Trust CIO ((harity no." l 1727841
for the year ended 31st August 2022 whith are set out ￿ pages 7 to 15.
Respectlve resFM>nsibilities of trustee and examlner
The trustees are reSp￿Si￿e for the preparation of the accoun￿ The charitys trustees consider that an audit
is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an
independent examination is required.
It is my responsibility to-
examine the accounts under sertion 145 of the Charities ACL
to follow the procedures laid down in the general Direcknons gTven by the Charity Commission (under
section 14515)Ibl ot the Charities Art. and
to state whether particular mattws have cL¥ne to my attention.
Basls of indyndent examin•rfs r•port
My examination was carried out in accordance with general Directions gNen Ery the Chartty Commission. An
examination includes a review of the accounting records kept by the d￿rity and a comparison of the
accounts p￿ented with those record& It also indudes consideration of any unusual items or disclosures in
the accounts and seeknng explanations frryn the trustees conceyning any such matter* The procedures
undertaken do not provide all the ewdence that would be required in an audiL and consequently no opinion
15 given as to whether the accounts wesent a 'true and fairf view and the report is limited to those matters
set out in the statement below.
Independent examiner's sLitement
In connection wth my examination, no matter has come to my attention to indicate that
accounting records have not been kept in accordance section 145 of the Charities ACL
the accounts do not accord with such records
where accounts are prepared on an accruals basis whether they fail to comply ￿th rdevant
accounting requirernents of the Charities Act or are not consistent wth the Charities SORP IFRS1021
any such matterwhich the examiner believes should be drawn to the attention of the reader to gain
proper undersiandiThJ of the xcount
Jacquefine Nunn FCA
271 St Albans Road
Hemel Hempstead
Hertfordshire
HP2 4RP
Dated..
24 October 2022

## **LEVERSTOCK GREEN VILLAGE ASSOCIATION CIO STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022** 

|||**Restricted**|**Unrestricted**|**Total**|**Restricted**|**Unrestricted**|**Total**|
|---|---|---|---|---|---|---|---|
||**Note**|**2022**|**2022**|**2022**|**2021**|**2021**|**2021**|
|||**£**|**£**|**£**|**£**|**£**|**£**|
|**Income from:**||||||||
|Donations & Grants||2,113|2,689|4,802|14,421|18,943|33,364|
|Charitable activities & events|2|320|6,144|6,464|1,075|2,663|3,738|
|Other trading activities|||43,546|43,546||13,044|13,044|
|Investment income|||90|90||89|89|
|**Total income**||**2,433**|**52,469**|**54,902**|**15,496**|**34,739**|**50,235**|
|**Expenditure on:**||||||||
|Charitable & Fund-raising costs|2|(320)|(3,908)|(4,228)|(1,075)|(2,661)|(3,736)|
|Staff costs|3||(38,842)|(38,842)|(6,798)|(23,178)|(29,976)|
|Light, heat & water|4|(975)|(12,436)|(13,411)|(561)|(5,053)|(5,614)|
|Insurances & Licences|||(1,814)|(1,814)||(2,036)|(2,036)|
|Repairs & maintenance||(481)|(1,821)|(2,302)||(339)|(339)|
|Telephone, postage and stationery|||(1,374)|(1,374)||(1,384)|(1,384)|
|Hall & Office equipment||(657)|(632)|(1,289)|(597)|(176)|(773)|
|Depreciation||(100)|(8,122)|(8,222)|(100)|(8,122)|(8,222)|
|Independent Examiner’s Fee|||(360)|(360)||(360)|(360)|
|Professional Fees|||(40)|(40)||(40)|(40)|
|Sundry|||(3,651)|(3,651)||(2,721)|(2,721)|
|**Total expenditure**||**(2,533)**|**(73,000)**|**(75,533)**|**(9,131)**|**(46,070)**|**(55,201)**|
|**Net income/(expenditure)**||**(100)**|**(20,531)**|**(20,631)**|**6,365**|**(11,331)**|**(4,966)**|
|Transfer between funds||-|-|-|(6,465)|6,465|-|
|**Net income/(expenditure) after transfers**||**(100)**|**(20,531)**|**(20,631)**|**(100)**|**(4,866)**|**(4,966)**|
|**Reconciliation of funds**||||||||
|Fund balances at beginning of year||736|227,986|228,722|836|232,852|233,688|
|**Fund balances at end of year**||**636**|**207,455**|**208,091**|**736**|**227,986**|**228,722**|



The notes on pages 10 to 16 form part of these accounts. 

7 



**LEVERSTOCK GREEN VILLAGE ASSOCIATION CIO** 

## **BALANCE SHEET FOR THE YEAR ENDED 31 AUGUST 2022** 

||**Notes**||**2022**||**2021**|
|---|---|---|---|---|---|
|||**£**|**£**|**£**|**£**|
|**Fixed Assets**||||||
|Tangible assets|6||77,095||85,317|
|**Current Assets**||||||
|Debtors|7|1,556||1,024||
|Cash at bank and in hand||131,270||144,091||
|**Total Current Assets**||**132,826**||**145,115**||
|**Creditors: Amounts Falling Due**||||||
|**Within One Year**|8|(1,830)||(1,710)||
|**Net Current Assets**||**130,996**||**143,405**||
|**Total Assets less Current Liabilities**|||**208,091**||**228,722**|
|**Represented by:**||||||
|**Restricted Funds**|||636||736|
|**Unrestricted Funds**||||||
|Designated funds|||77,095||85,317|
|General funds|||130,360||142,669|
||9||**208,091**||**228,722**|



Approved by the Trustees on 14th Nov 2022 

I Parish – Chairman Trustee 

M Rayner – Secretary Trustee 

The notes on pages 10 to 16 form part of these accounts. 

8 



**LEVERSTOCK GREEN VILLAGE ASSOCIATION CIO** 

**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022** 

## **1. Accounting policies** 

## **Basis of preparation** 

The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.  The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) effective 1 January 2015 and the Charities Act 2011. 

The charity constitutes a public benefit entity as defined by FRS 102. 

The Trustee considers that there are no material uncertainties about the charity’s ability to continue as a going concern. 

## **Income recognition** 

Income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. 

Donations, legacies and other forms of voluntary income are recognised as incoming resources when receivable, except insofar as they are incapable of financial measurement.  All other forms of income are recognised on a receivable basis.  Income relating exclusively to future accounting periods is deferred. 

## **Expenditure recognition** 

Expenditure is recognised when a liability is incurred. 

## **Tangible fixed assets and depreciation** 

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows: 

Hall Improvements                                               25 years straight line (lease term) Fixtures, fittings & equipment                              10 years straight line Computer equipment                                           3 years straight line 

Capitalisation limit of £250. 

## **Funds structure** 

Restricted funds represent grants, donations and legacies received which are allocated by the donor for specific purposes. 

Unrestricted income funds are those funds that are available to the trustees to apply to the general charitable purposes as laid out in the Trust Deed. 

Designated funds are unrestricted funds which have been put aside out of unrestricted funds at the discretion of the Trustees. 

9 



**LEVERSTOCK GREEN VILLAGE ASSOCIATION CIO** 

## **NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022** 

## **2. Charitable activities and events & fundraising costs** 

||<br>**Income**|**Expenditure**|**Net Total**|
|---|---|---|---|
|**Year to 31 August 2022**||||
||**£**|**£**|**£**|
|Fireworks|-|-|-|
|Winter Fayre|1,215|(38)|1,177|
|Christmas Lights|320|(1,453)|(1,133)|
|Big Band Concert|-|-|-|
|Quiz Night|-|-|-|
|Fete|2,496|(690)|1,806|
|500 Club|2,340|(1,440)|900|
|Newsletter|-|-|-|
|Other|93|(606)|(513)|
|**Totals**|**6,464**|**(4,227)**|**2,237**|
|**Year to 31 August 2021**||||
||**£**|**£**|**£**|
|Fireworks|-|-|-|
|Winter Fayre|-|-|-|
|Christmas Lights|1,075|(1,447)|(372)|
|Big Band Concert|-|-|-|
|Quiz Night|-|-|-|
|Fete|-|-|-|
|500 Club|2,578|(1,440)|1,138|
|Newsletter|-|-|-|
|Other|85|(873)|(788)|
|**Totals**|**3,738**|**(3,760)**|**(22)**|



10 



**LEVERSTOCK GREEN VILLAGE ASSOCIATION CIO** 

## **NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022** 

|**3.**|**Staff costs**|||
|---|---|---|---|
|||**2022**|**2021**|
|||**£**|**£**|
||Wages and salaries|38,205|29,542|
||Social security costs|0|0|
||Pension costs|637|434|
|||**38,842**|**29,976**|
||**Staff numbers**|||
||The average monthly number of employees (head count based on|||
||number of staff employed) during the year was:|5|5|
||Staff work part-time and the average number of employees (full time|||
||equivalent based on hours worked) during the year was:|2|2|
||The charity operates a defined contribution pension scheme. The|||
||assets of the scheme are held separately from those of the company|||
||in an independently administered fund|||
|**4.**|**Light, heat & water**|||
|||**2022**|**2021**|
|||**£**|**£**|
||Electricity|3,836|2,125|
||Gas|5,131|2,602|
||Water|4,444|887|
|||**13,411**|**5,614**|



## **5. Trustees’ remuneration and expenses** 

No trustee received any remuneration or expenses in the year. 

The premium for the Village Hall insurance policy was a total of £1,082 (2021: £803) and includes Trustee indemnity insurance.  This is provided by the Charity in order to indemnify the trustees or other officers against the consequences of any neglect or default on their part. 

11 



**NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022** 

|**6.**|**Tangible fixed assets**||||
|---|---|---|---|---|
|||**Hall**|**Fixtures,**||
|||**Improvement**|**fittings &**||
|||**£**|**equipment**|**Total**|
||||**£**|**£**|
||**Cost**||||
||At 1 September 2021|166,324|62,598|228,922|
||Additions||||
||**At 31 August 2022**|**166,324**|**62,598**|**228,922**|
||**Depreciation**||||
||At 1 September 2021|93,141|50,463|143,604|
||Charged in year|6,653|1,569|8,222|
||**At 31 August 2022**|**99,794**|**52,032**|**151,826**|
||**Net book value**||||
||**At 31 August 2021**|**73,183**|**12,135**|**85,318**|
||**At 31 August 2022**|**66,530**|**10,565**|**77,095**|
|**7.**|**Debtors**||||
||||**2022**|**2021**|
||||**£**|**£**|
||Other debtors||66|84|
||Prepayments and accrued income||1,490|940|
||||**1,556**|**1,024**|
|**8.**|**Creditors: amounts falling due within one year**||||
||||**2022**|**2021**|
||||**£**|**£**|
||Other creditors||870|750|
||Accruals and deferred income||960|960|
||||**1,830**|**1,710**|



12 



## **NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022** 

## **9a. Funds of the charity – Current Year** 

||**At 1 Sept**<br>**2021**|**Incoming**<br>**resources**|**Resources**<br>**expended**|**Transfers**|**At 31 Aug**<br>**2022**|
|---|---|---|---|---|---|
||**£**|**£**|**£**|**£**|**£**|
|**RESTRICTED FUNDS**||||||
|Newsletter fund|-|-|-||**0**|
|500 Club|36|-|-||**36**|
|Christmas Lights Fund|-|320|(320)||**0**|
|Photocopier|-|657|(657)||**0**|
|Maintenance|-|481|(481)||**0**|
|Heat, Light & Water|-|975|(975)||**0**|
|Door Entry System|700|-|(100)||**600**|
|**Total restricted**|**736**|**2,433**|**(2,533)**|**-**|**636**|
|**UNRESTRICTED**||||||
|**FUNDS**||||||
|**Designated**||||||
|Fixed Asset Fund|85,317|-|(8,222)|**-**|**77,095**|
|**General**|142,669|52,469|(64,778)|-|**130,360**|
|**Total unrestricted**|**227,986**|**52,469**|**(73,000)**|**-**|**207,455**|
|**TOTAL FUNDS**|**228,722**|**54,902**|**(75,533)**|**-**|**208,091**|



13 



## **NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022** 

|**9b.**|**Funds of the charity – Prior**|**Year**||||||
|---|---|---|---|---|---|---|---|
|||**At**|**31 Aug**|**Incoming**|**Resources**|**Transfers**|**At 31 Aug**|
||||**2019**|**resources**|**expended**||**2020**|
||||**£**|**£**|**£**|**£**|**£**|
||**RESTRICTED FUNDS**|||||||
||Newsletter fund||-|-|-||-|
||500 Club||36|-|-||36|
||Christmas Lights Fund||-|1,075|(1,075)||-|
||Photocopier||-|597|(597)||-|
||Maintenance||-|6,465|-|(6,465)|-|
||Heat, Light, Water||-|561|(561)||-|
||Door Entry System||800|-|(100)||700|
||CJRS Grant|||6,798|(6,798)|||
||**Total restricted**||**836**|**15,496**|**(9,131)**|**(6,465)**|**736**|
||**UNRESTRICTED FUNDS**|||||||
||**Designated**|||||||
||Fixed Asset Fund||93,540|-|(8,222)||**85,317**|
||**General**|139,313||34,739|(37,848)|6,465|**142,669**|
||**Total unrestricted**|**232,852**||**34,739**|**(46,070)**|**6,465**|**227,986**|
||**TOTAL FUNDS**|**233,688**||**50,235**|**(55,201)**|**-**|**228,722**|
|**10a.**|**Analysis of net assets by fund – current year**|||||||
|||||**Unrestricted**|**Designated**|**Restricted**|**Total funds**|
|||||**funds**|**funds**|**funds**||
|||||**£**|**£**|**£**|**£**|
||Tangible fixed assets|||-|76,613|-|76,613|
||Current assets|||132,672||636|133,308|
||Creditors: amounts falling due within 12m|||(1,830)|||(1,830)|
|||||**130,842**|**76,613**|**636**|**208,091**|
|**10b.**|**Analysis of net assets by fund – prior year**|||||||
|||||**Unrestricted**|**Designated**|**Restricted**|**Total funds**|
|||||**funds**|**funds**|**funds**||
|||||**£**|**£**|**£**|**£**|
||Tangible fixed assets|||-|85,317|-|85,317|
||Current assets|||144,379|-|736|145,115|
||Creditors: amounts falling due within 12m|||(1,710)|-|-|(1,710)|
|||||**142,669**|**85,317**|**736**|**228,722**|



14 



**NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022** 

## **11. Financial Commitments** 

At the year end the Charity had commitments of £0 (2021: £0) 

## **12. Reserves** 

The committee is aware of the excess reserves.  Any investments will be made with caution due to the on-going adverse impact Covid-19 is having on Hall income and the significant inflation of costs. 

## **13. Related Party Transactions** 

There were no related party transactions during the year. 

15