Chair of Trustees Report for 2023/2024
During this period our Trustees and volunteers have worked tirelessly to further improve the building and services that we offer to the community. ~~As we emerged from the disruption caused by Covid 19, we have established robust plans to look to the future of Read & Simonstone Village Hall and how it can best serve the needs of the local and wider community.~~
With the support of both Read Parish Council and Simonstone Parish Council, along with Ribble Valley Borough Council, Lancashire County Council and The Harold and Alice Bridges Charitable Trust, we have further strengthened our financial position.
In the meantime, we have increased the number of activities that are organised by the Hall Trustees, including social evenings. These, along with the regular weekly café and Tots & Tea group, continue to raise extra funds to meet our operational costs. Additionally, we have seen increases in bookings by one-off hires for Birthday parties and concerts. Finally, we are always indebted to those residents of Read and Simonstone who so generously donate through monthly giving that gives us the confidence that we are appreciated by so many in meeting a need within our community.
Once again, I would like to thank again our dedicated team of Trustees and volunteers who work so hard to keep the building open as a vital resource in the two villages.
David Peat OBE
Chair of Trustees - Read & Simonstone Village Hall
Read Simonstone Village Hall Balance Sheet Year 2023-2024
Section B
| Fixed Assets Tangible assets (note 9) B01 B02 Investments (note 10) B03 Total fixed assets B04 Current Assets Stock & Work in progress B05 Debtors (note 11) B06 (short term) investments B07 Cash at bank and in hand B08 Total current assets B09 Creditors amounts within one year (note 12) B10 Net current assets (liabilities) B11 Total assets less current liabilities B12 Creditors amounts after one year (note 12) B13 Gross transfer B14 Net assets B15 Funds of the Charity Unrestricted funds B16 B17 Restricted income (Note 13) B18 Endowment funds (Note 13) B19 Total funds B20 |
Unrestricted Restricted Inc Endowment Total Total funds funds funds This year Last year £ £ £ £ £ F01 F02 F03 F04 F05 240,077 £ 240,077 £ 245,032 £ - £ - £ 240,077 £ - £ - £ 240,077 £ 245,032 £ - £ 3,524 £ 3,524 £ 1,746 £ - £ 23,014 £ 23,014 £ 16,070 £ 26,539 £ - £ - £ 26,539 £ 17,816 £ 158 £ - £ - £ 158 £ 359 £ 26,381 £ - £ - £ 26,381 £ 17,457 £ 266,458 £ - £ - £ 266,458 £ 262,489 £ 140,000 £ - £ - £ 140,000 £ 140,000 £ - £ - £ - £ - £ - £ 126,458 £ - £ - £ 126,458 £ 122,489 £ 114,879 £ 106,897 £ - £ 4,013 £ 11,579 £ 11,579 £ 11,579 £ - £ 11,579 £ - £ 126,458 £ 122,489 £ 0 £ 0 £ |
|---|---|
page 2
Read Simonstone Village Hall Statement of Financial Activities Year 2023-2024
Section A
| Incoming resources (Note 3) Voluntary S01 Activities for generating funds S02 Investment income S03 charitable activities S04 Other incoming resources S05 Total incoming resourdes S06 Resources expended (Notes4-8) Costs of generating vol inc S07 Fundraising trading costs S08 Investment Mgt Costs S09 Charitable activities S10 Governance costs S11 Other resources expended S12 Total resources expended Net before transfer Gross transfer Net incoming(outgoing) resources before other Other recognised gains(losses) Revaluation of fixed asset Gains&losses on investment assets Net movement in funds total funds brought forward Total funds carried forward |
Unrestricted Restricted Inc Endowment Total Total funds funds funds This year Last year £ £ £ £ £ F01 F02 F03 F04 F05 - £ - £ 33,453.98 £ 33,453.98 £ 45,245.54 £ - £ - £ - £ 6,042.47 £ 6,042.47 £ 33,453.98 £ 6,042.47 £ - £ 39,496.45 £ 45,245.54 £ 25,472.21 £ 25,472.21 £ 23,301.07 £ - £ - £ - £ - £ 6,042.47 £ 6,042.47 £ 3151.71 25,472.21 £ 6,042.47 £ - £ 31,514.68 £ 26,452.78 £ 7,981.78 £ - £ - £ 7,981.78 £ 18,792.76 £ - £ - £ - £ - £ - £ 7,981.78 £ - £ - £ 7,981.78 £ 18,792.76 £ 7,981.78 £ - £ - £ 7,981.78 £ 18,792.76 £ 88,104.00 £ 106,896.76 £ 88,104.00 £ 96,085.78 £ - £ - £ 114,878.54 £ 106,896.76 £ |
|---|---|
Page 1
Read Simonstone Village Hall Notes Year 2023-2024 Total Total This year Last year £ £ F04 F05
Note 3
----- Start of picture text -----
||||||||||
|---|---|---|---|---|---|---|---|---|
|Voluntary income|£ -|£ -|
|£ -|£|-|£ -|£ -|£ -|
|Activities for generating income|
|Room Hire|£|13,052.82|£|13,052.82|£ 10,861.80|
|Donations & fundraising|£|18,458.93|£|18,458.93|£ 12,637.87|
|Gift aid|£ 1,942.23|£ 1,942.23|£ 5,326.33|
|Release of restricted endowments|£|6,042.47|£ 6,042.47|£ 16,419.54|
|£|33,453.98|£|6,042.47|£ -|£|39,496.45|£ 45,245.54|
|Investment income|£ -|£ -|
|£ -|£|-|£ -|£ -|£ -|
|Incoming resources from charitable activities|£ -|
|£ -|£|-|£ -|£ -|£ -|
|Note 4|
|Analysis of resources expended|
|Building maintenance costs|£ 6,882.46|£ 6,882.46|0|
|Events & fundraising costs|£|13,634.92|£|6,042.47|£|19,677.39|£ 16,429.27|
|Administration expenses|£ -|£ -|
|Depreciation|£ -|£ 4,954.83|£ 4,954.83|£ 6,871.80|
|£|20,517.38|£|6,042.47|£ 4,954.83|£|31,514.68|£ 23,301.07|
|Fundraising trading costs|£ -|£|-|£ -|£ -|£ -|
|Investment Management costs|£ -|£|-|£ -|£ -|£ -|
|Charitable Activities|£ -|£|-|£ -|£ -|£ -|
|Governance costs|£ -|£|-|£ -|£ -|£ -|
|Payments on|
|acct & assets|
|Freehold land|other land &|Plant,|Fixtures|under|
|Note 9|& buildings|buildings|machinery etc|fittings & eqt|construction|TOTAL|
|Tangible fixed assets|
|Balance B/fwd|£ 169,768.00|£ 35,625.50|£ 38,703.00|£|16,271.41|£|260,367.91|
|Additions|£ -|
|£ -|
|Balance c/fwd|£ 169,768.00|£ 35,625.50|£ 38,703.00|£|16,271.41|£ -|£|260,367.91|
|RB 12.5%|RB 12.5%|
|Depreciation b/fwd|£ -|£|-|£ 13,301.88|£ 2,033.93|£ -|£ 15,335.81|
|Depreciation charge for year|£ -|£|-|£ 3,175.14|£ 1,779.69|£ -|£ 4,954.83|
|Balance c/fwd|£ -|£|-|£ 16,477.02|£ 3,813.62|£ -|£ 20,290.64|
|NBV|
|B/fwd|£ 169,768.00|£ 35,625.50|£ 25,401.12|£|14,237.48|£ -|£|245,032.10|
|C/fwd|£ 169,768.00|£ 35,625.50|£ 22,225.98|£|12,457.80|£ -|£|240,077.28|
|Note 11|
|Debtors and prepayments|Amounts falling due within one|Amounts falling due after|
|This year £|Last year £|This year £|Last year £|
|Trade Debtors|£ -|£|-|£ -|£ -|
|Other Debtors|£|3,524|£ 1,746|£ -|£ -|
|Prepayments and accrued income|£ -|£|-|£ -|£ -|
|Total|£|3,524|£ 1,746|£ -|£ -|
|Note 12|
|Creditors|Amounts falling due within one|Amounts falling due after|
|This year £|Last year £|This year £|Last year £|
|Loans/overdrafts|£ -|£|-|£ -|£ -|
|Trade Creditors|£ -|£|-|£ -|£ -|
|Other Creditors|£ 158|£|359|£ 140,000|£ 140,000|
|Accruals & deferred income|£ -|£ -|£ -|
|Total|£ 158|£|359|£ 140,000|£ 140,000|
----- End of picture text -----
Note 13
Funds Held
Fort Vale Foundation Duchy of Lancaster Benevolent fund National Lottery Grant Harold & Alice Bridges Foundation LCC Cllr Ged Mirfin LCC Warm Spaces Grant
Movements of Major Funds
Fort Vale Foundation Duchy of Lancaster Benevolent fund National Lottery Grant Harold & Alice Bridges Foundation LCC Cllr Ged Mirfin LCC Warm Spaces Grant
----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|PE|Purchase of Premises|
|EE|Repairs & maintenance bringing premises to a standard (amortised over 10 years - yr 1 6 months)|
|For Tots & Teas|
|For retrospective payment of electrical works|
|Café equipment: 3xkettles, 1xtoaster, plates - purchased by S McKelvey & claimed for on 6/2/24 - inv no. 240206|
|Towards heating costs during financial year|
|B/fwd|Incoming|Outgoing|Transfers|Gains/Losses|Fund C/fwd|
|£ 9,000.00|£|-|£ -|£ -|£ -|£ 9,000.00|
|£ 2,579.00|£ -|£ 2,579.00|
|£ 4,013.00|-£ 4,013.00|£ -|
|£|1,500.00|-£ 1,500.00|£ -|
|£ 169.47|-£|169.47|£ -|
|£ 360.00|-£|360.00|£ -|
|£ -|
|£|15,592.00|£|2,029.47|-£ 6,042.47|£ -|£ -|£ 11,579.00|
----- End of picture text -----
page 3
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Report to the trusteesl membeis of Read and Simonstone Village Hall On accounts for the year ended 2023-2024 ISV M14Lc+¢ Charity no 1175675 lif any) Set out on pages I report to the Iruslees on my examination of the accounts of the above charity 1.the Trusl"I for the year ended Responslbllltles and As the charity Iruslees of the Trust. you a responsible for the preparation basis of report of the accounts in accordance with the fequireffienls of the Charities Act 2011 I-the Ad") I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and In carrying out my examination, I have followed the applicable Dire¢lions given by the Charity Commission under section 14515llbl of the Act. I have completed my examination I confim that no material matters have come lo my attention I ') in connection with the examination which gibes me cause lo believe lttal In. any material respect accounting rttord$ We not kept in accordance with Section 130 of the Aci or the accounts do not accord with the accounting records Independent examiner'8 Statement I have no concems and have rne across no other matters in connection with the examination lo which allenlion should be drawn in order lo enable proper understanding of the accounts lo be reached. Please delete the words in the brackets if they do not 8ppIy. Signed: Date: Name: Reltrvant professional qualificationlsl or body lif any): rLC Address: /HLg.LJ L•nL g6/2 4JU IER October 2018
Section B Disclosure Only complete if the examiner needs lo highlight matters of concern Isee CC32. Independent examination of charity accounts". directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. IER October 2018