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