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2023-10-31-accounts

Dartington Village Hall Association- Trustees Report 1 November 2022- 31 October 2023

Introduction

The Dartington Village Hall Association is registered charity (charity number 1172861) with the following objective:-

‘A well maintained and fit for purpose village hall for the use of the inhabitants of the parish of Dartington without distinction of sex, sexual orientation, race or of political, religious or other opinions and in particular for the use of meetings, lectures and classes or for other forms of recreation, business and leisure time occupation in the interests of social welfare with the objective of improving the conditions of life for said inhabitants.’

The charity’s trustees are Heather Harvey, Peter Gutteridge, Pam Gorman, John Platt and Mary Popham.

The committee, which oversees the day to day management of hall, is chaired by Jeremy Holloway and the treasurer is Zoe Clough. The Trustees are very grateful to all the members of the management committee for their dedication, hard work and time, which they give voluntarily.

Use of Hall

Bookings continue to be very strong. Most are weekly regulars and range from lindy hop dancing to yoga. We have two art groups, an art class, clog and folk dancers and even a bubble magician working up his act. The WI, the parish council and the drum circle use the hall once a month and the youth club every 2 weeks. Other organisations, like the NCT, are fitted in around the regulars. The weekend are mostly one off bookings: parties, table top sales, a violin group, singing groups wakes and weddings and even sound baths. The 6.30am yoga group come 3 times a week.

The small room is used mostly for meetings and therapy sessions also several bands , including U3A folk group. Many and varied people benefit from our hall. The numerous enquiries and bookings are managed very efficiently by Rachel Schofield and Elke, Val, Lil, Zoe , Peter and Colleen all put much effort into making it welcoming place.

Improvements to and Maintenance of the Hall

Another busy year with the floor sanded, the kitchen revamped and further improvements to the stage. The clock has been restored and rehung.

On-going maintenance, such as the fire safety and gas checks, as well as day to day repairs continue to be overseen most efficiently by Peter Goode.

Events

The jumble sale in January 2023 raised over £1,000 cabaret and two performances at the hall put on in partnership with Devon In Action were sell-outs.

The committee is now busy planning events for the hall’s centenary celebrations in 2025.

Reserves Policy

The Trustees wish to see the reserves of the Dartington Village Hall Association maintained at a level equivalent to at least 6 months running costs.

Heather Harvey, Peter Gutteridge, Mary Popham, Pam Gorman and John Platt. Trustees of the Dartington Village Hall Association. 02/01/23

Dartington Village Hall Association Financial Statements 31 October 2023 Financial statements fortbe yearended 31 October2023

Dartington Village Hall Association

______

General information

Registered number

The association became a registered charity under number 1172861, on 3 May 2017.

Trustees

Mr P Gutteridge Mrs M Popham Mr J Platt Mrs H Harvey Mrs P Gorman

Committee

J Holloway (Chair) Z Clough (Treasurer) V May (Secretary) R Scholefield P Goode C Goode P Prout S Goldsworthy

Accountants

Golden Valley Solutions Limited 21 Oaklands Park Buckfastleigh Devon TQ11 0BW

Bankers

Lloyds Walthamstow

______ Financial statements for the year ended 31 October 2023

2

Dartington Village Hall Association

______

Report of the Accountants

to the members of Dartington Village Hall Association

In accordance with your instructions, we have prepared the accounts which comprise the Income and Expenditire Account, the Balance Sheet and the related notes from the accounting records of the association and on the basis of information and explanations you have given to us.

We have not carried out an audit and consequently we do not express any opinion on these accounts.

TR Bowden Golden Valley Solutions Ltd Accountants Buckfastleigh

10 November 2023

______ Financial statements for the year ended 31 October 2023

3

Dartington Village Hall Association

______

Income and expenditure account , for the year ended 31 October

Income
Hire of hall
Donations
Other income (jumble, parking etc)
Bank interest
Expenditure
Premises
Water rates
Insurance
Light and heat
Repairs & maintenance
Cleaning
Administration
Printing, postage and stationery
Advertising
Donations
Licences
Refreshments
Financial and professional
Accountancy
Other professional fees
Depreciation
Excess of income over expenditure
2022
£
12,869
1,134
240
-
14,243
268
852
1,268
2,453
1,637
6,478
78
-
-
-
121
199
200
80
1,850
2,130
5,436
2023
£
15,746
-
1,476
82
17,304
810
987
1,741
7,043
1,847
12,428
80
-
400
42
309
831
250
675
1,850
2,775
1,270

______ Financial statements for the year ended 31 October 2023

4

Dartington Village Hall Association

______

Balance sheet , at 31 October

Note
Fixed assets
Tangible assets
2
Current assets
Debtors
Cash at bank and in hand
Creditors:amounts falling due within 1 year
Net current assets
Net assets
Financed by
Reserves
3
Capital grants applied
Capital grants unapplied
2022
£
99,164
99,164
-
35,042
35,042
200
34,842
134,006
57,286
54,513
22,207
134,006
2023
£
97,313
97,313
-
38,213
38,213
250
37,963
135,276
58,556
54,513
22,207
135,276

Z Clough Treasurer 10 November 2023

______ Financial statements for the year ended 31 October 2023

5

Dartington Village Hall Association

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Notes to the financial statements, at 31 October 2023

1. Accounting policies

Accounting convention

The accounts have been prepared under the historic cost convention and in accordance with applicable Financial Reporting Standards.

Fixed assets and depreciation

Fixed assets are shown in the balance sheet at cost, or realisable value, whichever is the lower. Fixtures and fittings are written off at 25% of the reducing balance.

Stocks and work in progress

Stocks and work in progress are shown in the balance sheet at cost.

Debtors and creditors

Debtor and creditor balances are shown on an accrual basis in accordance with SSAP2.

Income

Income as shown in the accounts represents sales on an accrual basis.

2. Tangible fixed assets

Cost
At 1 November 2022
Additions
Disposals
At 31 October 2023
Depreciation
At 1 November 2022
Provided during year
Disposals
At 31 October 2023
Net book value
At 1 November 2022
At 31 October 2023
3. Reserves
Balance brought forward
Excess of income over expenditure
Balance carried forward
Fixtures and
Premises
fittings
£
£
91,929
12,132
-
-
-
-
91,929
12,132
-
4,897
-
1,850
-
-
-
6,747
91,929
7,235
95,743
5,385
2022
£
51,850
5,436
57,286
Total
£
104,060
-
-
104,060
4,897
1,850
-
6,747
99,163
97,313
2023
£
57,286
1,270
58,556

_____ ~~__~~ ____ ~~_~~

Financial statements for the year ended 31 October 2023

6

Dartington Village Hall Association Financial statements fortbe yearended 31 October2023