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2024-10-31-accounts

Dartington Village Hall Association- Trustees Report 1 November 2023- 31 October 2024

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, with more and more requests to be added to the waiting lists. The weekly and monthly users of the hall are very varied, ranging from art groups to the WI and from the parish council to folk dancers. Weekend bookings are mostly for one-off events including many social occasions ranging from birthday parties to wakes. Bookings for the small meeting have increased further over the year and are mostly for meetings and therapy.

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

This year there have been significant improvements to the hall including new storage arrangements and new solar panels

On-going maintenance, such as the fire safety and gas checks, as well as day to day repairs continued to be overseen most efficiently by Pater Goode. Peter and Colleen are stepping down from the committee due to an imminent move to elsewhere in the county. The trustees and all the committee wish to thank them for their dedication to the hall over many years.

Hall Centenary

The hall will be celebrating its centenary in 2025 and plans are well underway for any numbers of events and projects to celebrate this. A Heritage Lottery grant has been secured by Jeremy Holloway to support the celebrations.

Finances and Reserves Policy

The finances of the hall remain strong due to consistently high demand for bookings.

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. 03/03/25

Dartington Village Hall Association Financial Statements 31 October 2024 Financial statements fortbe yearended 31 October2024

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 2024

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

11 November 2024

______ Financial statements for the year ended 31 October 2024

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)
National Heritage Grant (Centenery)
Bank interest
Expenditure
Premises
Water rates
Insurance
Light and heat
Repairs & maintenance
Stage Refurbishment
Electrics
Solar Panels
Centenary Bench
Centenery Trail
Cleaning
Administration
Printing, postage and stationery
Advertising
Donations
Licences
Refreshments
Financial and professional
Accountancy
Other professional fees
Depreciation
Excess of income over expenditure
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
2024
£
17,746
-
2,445
7,102
159
27,452
506
1,055
2,570
2,240
3,756
1,415
906
5,000
2,140
2,434
22,022
154
-
50
21
23
248
250
773
1,850
2,873
2,309

______

Financial statements for the year ended 31 October 2024

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
2023
£
97,313
97,313
-
38,213
38,213
250
37,963
135,276
58,556
54,513
22,207
135,276
2024
£
95,463
95,463
-
42,372
42,372
250
42,122
137,585
60,865
54,513
22,207
137,585

Z Clough Treasurer 11 November 2024

______ Financial statements for the year ended 31 October 2024

5

Dartington Village Hall Association

______

Notes to the financial statements, at 31 October 2024

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
-
6,747
-
1,850
-
-
-
8,597
91,929
5,385
95,743
3,535
2023
£
57,286
1,270
58,556
Total
£
104,060
-
-
104,060
6,747
1,850
-
8,597
97,313
95,463
2024
£
58,556
2,309
60,865

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

Financial statements for the year ended 31 October 2024

6

Dartington Village Hall Association Financial statements fortbe yearended 31 October2024

Dartington Village Hall Association Financial Statements 31 October 2024 Financial statements fortbe yearended 31 October2024

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 2024

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

11 November 2024

______ Financial statements for the year ended 31 October 2024

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)
National Heritage Grant (Centenery)
Bank interest
Expenditure
Premises
Water rates
Insurance
Light and heat
Repairs & maintenance
Stage Refurbishment
Electrics
Solar Panels
Centenary Bench
Centenery Trail
Cleaning
Administration
Printing, postage and stationery
Advertising
Donations
Licences
Refreshments
Financial and professional
Accountancy
Other professional fees
Depreciation
Excess of income over expenditure
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
2024
£
17,746
-
2,445
7,102
159
27,452
506
1,055
2,570
2,240
3,756
1,415
906
5,000
2,140
2,434
22,022
154
-
50
21
23
248
250
773
1,850
2,873
2,309

______

Financial statements for the year ended 31 October 2024

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
2023
£
97,313
97,313
-
38,213
38,213
250
37,963
135,276
58,556
54,513
22,207
135,276
2024
£
95,463
95,463
-
42,372
42,372
250
42,122
137,585
60,865
54,513
22,207
137,585

Z Clough Treasurer 11 November 2024

______ Financial statements for the year ended 31 October 2024

5

Dartington Village Hall Association

______

Notes to the financial statements, at 31 October 2024

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
-
6,747
-
1,850
-
-
-
8,597
91,929
5,385
95,743
3,535
2023
£
57,286
1,270
58,556
Total
£
104,060
-
-
104,060
6,747
1,850
-
8,597
97,313
95,463
2024
£
58,556
2,309
60,865

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

Financial statements for the year ended 31 October 2024

6

Dartington Village Hall Association Financial statements fortbe yearended 31 October2024