Benenden Village Trust BENENDEN VILLAGE TRUST Report and Financial Statements Year ended: 31st March 2025 Charity No: 1176351 The Trustees preSertthetraM￿( report aThl flnancial stat•ne￿of the Charftyfwthe >wrended 31* Marth 2025.The flnaftdal statements been prepared ITr acCOrda￿e wlth the aCaMMtl￿ ￿)lIdeS set out In Nots I to accounts Lvmpty wlth the Chrws colL￿tU￿. The purposes of ttwTrust are: L To furtherof benefft residents of the parish of In Il* countyolKert and the bourlKxKI, wrfttrwj￿dI$t1Klknn of se4 sexual or*ntslknn. rdQ or of polltlcal rellglou5 oroth op1nl0r￿ by aSS￿t[￿t0setsthe sald re4dents and the k)co1 autI￿rf￿￿*jIuntrry and other oryan15atlons In a common effort to provkte fadllts In the Interests of s¢xAI *Ware for recreati and lelsure tkne occupatlon ots￿ of Imwo¥7￿ the condltlon5 ofllfe lorthe resldetrt& In fvrtPthnce of these obfjerts not othen¥ise, ttrtTntsteesshall hove pv4vto estsbltsh or secure the estsblE5hment of community Ctntres and to malnts4) N mawe orc(￿P￿?te with any $tatutoryautl￿ in the rna1rtenln￿ and marwment of suth t*ntffÈsfoTa¢tT¥ltle5 proTh￿ted bv charlty In fUrt￿rarts ofthe ab￿ 014ects. l To promote forthe benefft of the Inhabttants of Bewxlen In the couiityof¥*rt and the surroundln8 area ￿ provtslon of t￿lItIeS for recreatlon oroilw le15ure tlme oc(JJpatlon of individuab have needo1s￿ facilittes by reason 0ftr**yoU￿ age. Inflmi]tyordtsabknenL flnandal hardshlp or sothl and e0%￿￿kdr¢Urnsian￿ orfor the publk at large In the Interests of 50d•l welfare and the ob*tt of the condltk•n offfife of the sakl Inhablt•nt& The Ber*nden Vlllage Trust wa5 regstered wtth the CharftyCommi55KJn on ￿ December2W7 •s• Charllable Incorpornt•d Oruanisation arrfl with the Re8tslued P*). 1176351. Independent Examlwof l£ctyJnts: Mannliwns (JArtttÈdkcowtsrt% 39 Hlth StreeL Batde. East B•nkets: Barckys Bank ￿, Low Hw5e, HIBh Stree¢ TM317JL Manager 0ftheTTr￿: ith*tt The Trnstees durlnB the yearwere: Kent Barker. Simon Brov4n: Athena cr￿pS Irellred Juty 2024); Tom D￿Ing$. Martin Dkk50n; Pets Grant (appolnted September20241 Julle L￿5. Salty Ann ma￿S. Chrls Parktnson: Ridwrd Stubblngs Iretlred M•1 20241: Mike Tayk>r (apwlnted j￿n￿ry2025). Paul TolhursL 918rt of¥wy popular Ilm nights at the vlllw hdl kn ra8• fund8 the of ts Trirt our Bro*￿, Into tho hI*)rr￿1 bKk9[￿ ty wf$ lyly defffled olathable puw ir*0 Its tharK4ol rujnded bo¥w800 gonwoyi gillB kn Benonth recr&￿ PU￿ by th8 fflrntM•count tho R(sthu￿ ••••ts In 201& ty ￿p￿Ible for the R(the￿ ghb. It unclew to InMt￿ w8cl* htx far wfs mu•i•tsy pwrrwr* kn th• Trurt kn enwro It h•B to ill purpo9• for fithJr• 202*26 f￿rtd￿ ywr. A fvrthor WAB th%aged 2024-25 yworawty In 202&26 to ¥arfou• fffJ•rKknI 4nd clher malthf& •nd p*grryJnds al both tr)￿￿0￿. a new ono th • morn pty￿￿j1 h••t exckn9er•l a (¥>•iof£8,790. In wtth thh, old•ty ¢urtaln• abng the*YBt ladng ofthe halL whk* poorat rel￿￿9 W worn rOp￿r￿d B•nenden Playero 0*0 *vrked Icg•trw on n￿k1￿ huge thg h￿.8 stsoe Iwttng. and Iwoura￿a contrads wJotl*¢ olboth dgctrb* * th• h•ll. Iwt the Tru•t tvmlllns ￿1C￿led •bO￿ the haif8 *•thity tylkn Ihanks tr) a *nortm•l•r, tAII ￿ abl• aThJ *rrkln9 wth John 8ett8 and W8yrn Totte￿11, ts C*￿9n1 Team rn￿89er, I m*rfe 8on¢n( ft• gr￿nd. 8rand Inthlled to thè (*Stapbhurnt ￿na[ch￿, funthaisthg c8rr*d gratt furM*¥ from ts Fo￿b￿l Ftsur￿. Other108m8 TAffikh h• pl•yed at 8•nerKY¢n •re Stsplthur8t Worn•n'8, Stsphlwrnt U18#. Ststhujt U1sX SlaFI9hur•t U1fA Stapfehurnl U146 WKI St8plthurt U158. Slawurst U138 •lK* trdn•a therp. off and pkklng UP 8chool chitdr¢n at th• prirr4ry sthool. ImproperoveruBe of the car park cen algo cr#•tfr 8alety th, whife exC￿￿￿r h&s ¢￿ted rub Thi the surf8¢0 bg e>¥erth to rnwtr. [￿ring Seplember 8 ceremony was hekl to c4mmmtyate 100 years of1118c0￿)1 Rothembro'8 of recrealonal factitttes to the vlllage. 8en¢nden Vllbge Tr￿ the ¢harfty rtsponslNe for over8eelng thes• ft8 and thelr more mrAJem In￿￿tiOnS, such K the vrllage hall. An EryJlth 03k Sap￿n9 was phnted In ts Notheast comttof the recreakn fidd. r4kdng an oak fell in this spol several years ago. Thanks were glven to L(Yd Rothemiere and the hopg was expressed that h1$ glfts would Continue to seNe vlllagers, recreation ne8ds Into thè noxt cenlury when oak would be rnatu St &01￿9 Hall Th8 key deveknpment at st Gewgo's Hall duftng the yearwas the Cornfflissionlng by the Tn*t of BraGkott8, tho 5uNeyor4 to carryout a sludy ofts malket t48ehold value ofthe trto Commer(￿1 opwUe8 by wr.. st George'8 Club and the Benend¢n Prfrschool. This fo[b￿& 8d￿8 to thfy Tru8L aboN trAt Bvf Is r•4ulred to charge rates for Ih•89 operues. Followlng recalpt of Brackelvs repoi( theTru81 opened dtXu8slo￿ wllh the cl￿ Pr&SclK about now ba8es rellecllng curratt merket rnt¢s. The Tmt d80 dI8(¥m￿ that ourwaler 8uppller, C* Watsr, be8ft Inc4rrndly bllllng the Trust and otthw ienanls forwts 8upplles lo the Hall fora 8ub5tsntid pothyj oftim& D18cusslon8 ￿re ory)tng ￿rt0 2024>28 to ty to le￿1¥e IhL8 ￿happy1%￿l￿. Nnancl81 Ré¥lew Th8TnJ8t reruded an apparenlly po￿¥9 cash Ilow during the butthiB was onty achieved after drvmng down £35,000 fram Bvfs reserves In the COIF Ch8rfle8 Inv88knent Fund: by a genwryjs £5,000 grant Irom th8 Parbh counc￿ trrwards the u)stof a new heating i￿ller at the Vlllagg HalL and £550 from th8 eonfve Soclety to support rwlrs at our pknygrounth. In the ab$er￿ 01th88g +yAtrlbuUons our hoadlfng £10,399 surplus of Incom• o¥•rexpenditwe would have ljjmed Into a doftclt of£30.161- and thls In a year the Trust dstmyl down on all l)ut unavoKlgbl8 ex￿dIture. In other*￿ttl8. tho Tn*Y8 Incomeof£115.541. cwara(I ex￿d[ture of£105.141, dkgu180d a conllnulng urthrlykng dralTr on flmnckl re8ourceB. The trust h￿d$ elz￿￿ ffflanclal re8erMs In Ihe COIF Charltte8 Investrnènt Fun￿ whh* kAalted £783.S83 at Ihe Year￿d. Howeverall but £24.464 ofthe8e holdlngs ¢omprf8ed PemIan￿t EndornL means tst these aB80ts mLNt stay porman￿llY In tho Trurt to ensure it h88 fund8 to Bupport its purp￿ for fu￿r8 g•nèralh)n8. H¢)w•vèr. th8 In¢ome prod￿ed by th8 888gls c8n be u88d io lund day opwadorA. matntenance orc8pttal In wfs buUdlng8. The Pemwlent End(wnnent Ixrrnnty produ￿ Incom• ofdrra £22.000 a year, wlthh th• tnwt (xn u80 to ptU911s ￿$h llow dofirx But trust0￿ esttmats that to fulty offsgtthe defldt and allow forOBB8ntknl r•p2tf8 to M8 agelng wiportt¢8 requlres roughty an addittonal £20,000 a Y￿r, etlherfr￿n In(¥ea88d rnvonytt, r•du*l ¢x8ts orgrants ond gSft& Tho Tnmt has b••n taktng acuon In 8N IPMO aws.. + R•vanue8 from hlrfng ¢he Vlllogo H￿1 roe• from £38.083 in 202>24 b) £37.980 In 202445 and a furthw knCr•I￿ h CUff•nthy forOCgBt lor202&26. • Thank8 to tho Inlllduw ol Iru8lee Paul Tolhursl. ￿ hold o ¥wy $uc£•$sful Inthl flim nlghl durfng th• y•8r and fOlhX￿d th4t up w6th 8 88cor#J1ts8t afterth• y0ar4NI. Together they ral•ed £2,638 for Bvr thjnds. Thg flrnl was 8 ghowlng ol tho wartlme GLg58lc Ca88bloncg and the lecond th• k¢nk I￿0$ fllm Tho Ilallon Job. More ffilm nlghts ate planr¢ed forth• ygar •hgBd and wo hopo Ih889 wlll be￿rn• regular p8rtofth• v￿189? calondar. The Succ￿ ol bolh o￿nIn9¥ owed mlth to 4 group of ¥olunteern. In¢ludlng m¢mbgrn ol Benanden Playor• (Bev and Gr8hom Beverldqe, Potor elu8 and N•n¢y Tolhurnt) and Ilghtlng eff•cts Irom c￿1? Jwu•B and John 8th, thè VllL49e Ho11 Manager. P•rtkuknr thank8 ware glven to Gr8nt Math•wy ofwow Cooktng who contrflxrt4d {at cott) dalklo me•1• for both event•. * The Twgl Inltiqted dl8cu881on8 wlth Dur commercl81 propety tenant4 at st GWO'I HAII- the st G•orge's Club and the PrfrSchool- wlth a to nop￿aun9 new lew8 •nd rnlilng th• rwtal of th•lr prqmt881 io ¥rt￿t thg tru•l h•8 bwi •dvlsed are mathèt r•ts•. * To roduce cos14 IJu81ee$ deddèd to Itmlt 8pendlng durlng the year to •68enUal onty, and knportant wort 8lready In traln. At th8 start of the 202&28 ye*r the Flnance Group docld•d undertth a revkw ol all Ilno1 al￿￿ndhUrt In th• hop• of •llmln•llrvJ or ￿d￿lfi0 ¢0*, Tld818 b•lng led by trv•t•• Mlke TI￿Or. • Tho Trust ha• bogn extremely frJrtunat• durfng tho ymr In th• gen•ffM •upport11 hA• b8•n glven ty Bwwd•n ParfBh Coundl. Th• Coundl u$ • £6,0￿ 9rnnt tMrd¥ th• ￿8t ol th• vlllwe hall'¥ now htaung ty8tsm, In81alW durfng the year, and undertook to py the co81 of mrywlng and hedg• culung at tha Bènenden and Idèn Qreen remllon ground8 for th years fm 202&26- 8 8avlng 8vr ofL4,1JOO to £6,000 a y•or. The tnxt18 Gratsfvl to 011￿r m•mbw• of lh• ￿nmunIty ¥olunt4•r•d In v•rfMvMy• th• >wr pwhmi that tta¥• M¥•d u• 0rcontdbU￿ * the 9on•rnl well4dng ofth• PAT￿. W• hope aGtlon• WNI h* u• •ub•tsnORIty dlmlnhh our c•th-ll￿ In th• comtry y•ar Ixrt Th• remaln hostage to unoxp8thd Lqry eo8ts re8uttlng frm) the •fdety nottn ofour moth bulldlnol. Benenden Vlllage H¥ll and St George's Hall, have Inujired ￿rylarge fepakwKI rn*ment rncenl ye8rn, whlch we 8ee r￿ I￿n of dlmlnlihlng. The Charitn arnl detertlon of fraud artd other Irregul8rlties. Trusw aft reS￿nsIble10rthe malrrtenano aNI Integrlty ofthe clhirftyand finarthi Infomiatkln Induded on the d￿r￿S *bsite In accord¥Ke wlth le￿*tIOn In the Unlted KI￿Orn -- *Md t)n thelr behalftrr. Martin Oickson (Chaimwi of Trustees >wrended 31atMK£h 2W. theT¢qulle￿ of the a￿lti* Ad 2011 Cthe Ad.). l Ttyort in T¢w*ofrny exami18ts￿ of theTh*'sacaMJts 145 ofth¢ 2011 Art cc¥llMi￿W￿￿#1ffll4S(5Xb) ofthÈA R Wthh FCCA 39 HI￿ Stye E￿1 Srn Th33 OEE 23.42S 37.980 23A25 37,9KI 20JJO 332 15 10 956 IQ997 iQ997 105,882 107 Bef•Yt IDVatn*•t 4.912) 10.956 (IOJ56) (23,956) {JOJ19) 267236 (267230 ($2J90) (U104> 94271 (3.670) 214.846 (267230 (JA￿) 43.752 TOMI Fuath Br* F￿*¥d The P•a¢s Ioto 13 fonn ￿ ofth* Flow￿1 YAa•MD# AS AT 31sr MARCH 2035 T*nBN>le 1.050 1245 n4h13 851.913 21713 9013 7311 14,176 31.787 21 J17 Curr•rt L￿bIll￿ whhlrt 0￿) 30387 19.047 814 55AOI 759,099 $9.471 544253 267236 4Dd SI￿d ott 1¥b•h￿r FOR ThE YEAR ENDED 31ST MARCH 2025 Ba81sofpTvratl￿ ofa¢eouots ITh accorthce whh tho Flll•Klal Reportin8 4Jpll¢able in the UK and R¢publicof Ireland (FRS 102) (¢fftdive l Januw 2015)- IChori¢i¢y SORII (FRS 102)X the FuJ8n¢lal R¢pwtinB Standayd appli￿ in th¢ UK and R4xthli¢ of IreIw￿lFRs 102) andth¢awiti¢5 Act2011. Benenth Vllly Trust meets the definition of a publk ¢ntity ￿ FRS IIYL knets ]i8bilitiPs 4r¢ lnitsaltyre¢O￿IS¢d ot cojtorti1T￿￿vaI￿t￿1l6sS Llherwtse 12 Gra4ts r#eIvAb￿￿onaf1QnS and 8tmll•r ID¢omkng ruollr IJ Incom& r•BtsI and hITre1￿ Tftcome from InvemenL rnThtsl and htredwges & i￿luded In the of Flwial A¢tsvitses in the year in wthich li Is reeeiv4bl& IA Resourtes expended IJ TAllglbk IIA¢d a5yets for use by th*¢barlty and d•pr¢thitun D8pffgThlequIpm￿ 25% wrltten do*m vol IA FIEod Ax¢* Invu¢m•DIs Fixed asset Investsn¢nts ar¢ included at mid4Trarket volue atth¢ b1lp1t￿ shm proce¢ds and thelrrnats value ￿ the ststofth¢ yearorthelrsubsequthJteos4 and &Te 10 Totsl 10954 10.954 Intaest on 10,956 11 T•tsl 21,440 13225 1754 61188 21A40 13325 1754 fjIM8 1.078 1417 17125 27215 SL Owr8 Villp8• H￿1 51J14 1.183 3301 1417 TT 195 195 105 BENEI¥DEN VILLAGE TRU NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31ST MARCH 2025 G0Ven￿Dec costs Totsl 2024 Independent examinevs fee 1.5(Kl IJ 1.500 1,500 T￿￿e£S are not remunernt￿ and N) expenses w¢¥e paid to them in the period. Transfer between fullds Totsl 21n4 Fund I)￿￿ent 10.956 10.956 During the year the diYid¢nd income from the pernllnent endowmeni fvnd has been transf¢rrnl to the unrestricted fill￿ io fimd day to day operations. Stt Tru#e¢s Report for more infomwion. Fixed assets Freehold Propertles Flttln8s and Equiprnent Total Cost or Written Down value At 1st April 2024 7,864 7,864 Additions Ai 315¢ March 2025 D¢pre¢iaiion At 1st April 2024 6,619 6.619 Charge for the year 195 195 At 314 March 2025 Net book values At 3 1st March 2025 1,050 At 3 1st Mwch 2024 1245 45 The Trustees have decided not to have the nwket value of the prop¢rtÈes assessed and thaL as therc no consideration paid forthm thry are shown at nil cosvvalue. 12 BENENDEN VILLAGE TRusr NOTES TO THE FINANCIAL STATEMENTS (COhTINUED) FOR THE YEAR ENDED 31ST MARCH 2025 Fljed Asset IDVeStm¢thts 2025 2024 Valuation at 31 March 2024 Withdrawals Revaluation- Unrestri¢*d Fw Revalu4tion- Permanent Endowme Revaluation- Recoupment Fund Net book value at 31 Ma￿h 2025 850.668 806.397 {35,000> {50.000) 20286 54253 (52.390) 11,019 28,999 850 668 783 563 The Charitys pl￿n￿l endowment inve*mats o)nsist of inc(Nne units in the Charities oificial Investment Fun￿ whilsl it's unrestricted investments are inv¢s*d in Ac¢umulation units of the some fund. During 2024-25 the pem￿￿( endo￿nent funds wer¢ moved from the Accumulation se¢tion to the Income seaion. Credltorj: Amounts f*lllni due wl¢hln o*e ye•r 202S 2024 A¢¢nwls jnd deferred income (Urtrestrict￿) Funds 2025 2024 Unrestricted Funds Pmanent Endowmeni Fund R¢¢oupmeni Fund 55.801 759,099 59,471 544,253 267 236 870 960 Perm8neni Endornt Funds forni pgrt of the Charitys pernwient chllritable assets and only income produced by them can Ix used ¢0 fund ok￿8110n$. Ke¢oupm¢ni Funds ftirni a se¢¢ion of the ￿rMal*￿ ¢ndowmenL b¢in8 fimds built up over 47 years to recoup the cosi of building Benertden Vilh8e Hall. Durin8 the year 10 314 Mw¢h 2025 the Recoupmeni fund was Incorp￿t￿ into the pern)#￿11 endowinent fund figures. 10. N¢t Awts By Fund u￿re￿rIcted Perm•nen¢ Re¢oupment EndowmeDt Fund To¢al 2024 Fixed Assets Curreni Assets Curr¢ni Liabiliiies 25.514 31.787 1.5(Xl 759.099 784.613 31.787 851.913 21.387 13