St Mary's Village Hall CIO Tbe Chapel St. Mar}, Lane St. Mary Park MORPETH NE616BL Financial Statements For the Year to 31" March 2024 Charity Registered Number 1176742
St Mary's Village Hall CIO Charity Details Charity Registration The charity was registered with the Charity Commission as a CIO on 19, January 2018. The Objects The objects of ihe CIO are lo establish and run a village hall and to promote for the benefit of th¢ inhabitants of the Parish of Stannington. Northumberland iyithoul distinction of sex, sexual orienlalion, age, disability. nationality. race of political, religious or other opinions, the provision of facilities for recTealion or other leisure lime occupation of individuals who have need of such facilities by Teason of their youih, age infirniity of disablement. financial hardship or social and economic Circumsiances or for the public at large in the interests of social welfare and with the object of improving the condilions of life of the said inhabitants. The Trustees Maggie Bailey- Chair Julie Anne Lowe Jocelyn Bolam- (to 8 May 2024) Nancy Charlesworth (to 8 May 2024) Daen Rea (to 8 May 2024) Neil Armstrong (Appointed 8 May 2024) Registered Office The Chapel, Si Mary Lane St. Mary Park. Morpeth NE616BL Independent Examiner David Hodgson. MBE, FCA, ACIB Read, Milbum & Co 71 Howard Street, North Shields Tyne and Wear, NE30 IAF Bankers Handelsbanken PLC 3 Thomas More Square London, Ellv IWY Email info@stmarysvillagehall.co.uk Website www.slmarysvillagehall.co.uk
St Mary's Village Hall CIO Trustees Report The chariiy slarted the year with five new trustees appointed in Mah 2023 who have had a successful year- The hall reopened in September 23 after many years of closure. It quired a lot of deep deaning and basic maintenance to get it back to a fFt state for public access. This took several months from March- September 2023. There has been three large community events for children. namely Halloween, Christmas and Easter parties where whole families were able lo sit and enjoy the hall with refreshments including a bar and hot f¢)od. The hall has attracted other local groups such as Womens Inslitute. Natural England, Yoga, Strictly Dancing to use the facilities for a variety of meetings. The hall has been rented as a private venue for large weddings, christenings, birlhday parties. All of the trustees agreed to spend monies to restore the hall to a good state of repair, new kitchen equipment. new carpets, new toilet a¢sSOrieS, new extemal lighling but also to buy event decorations and accessories that can be stored for many years usage. It was also agreed to limit the number of private bookings to a small number in this first year to ensure that noise. access, environmental issues and general 'good neighbourf issues were tried and tested to ensure a solid foundation of working practice for ongoing usage of the hall. This has resulted in moving the main enlrance and ensuring music levels are reduced at night. As a result of both agreemerbts above. the hall has had an income of£7.054 bul spent£21,166 in this year. The plan is to increase the number of private event bookings goin9 forward to meet the full costs of maintaining and running Ihe hall for long tem viabilty- This requires the ongoing hard work of the volunteers who dedicate their time and efforts to making this happen. During the year there was a dispute with the energy provider SSE over a bill of over £42,000 which had been run up previously. A lot of time was committed by the trustees lo resolving this and with the help of the Energy Ombudsman. this has finally been resolved and a full credit issued. There are still some issues with the supplier which are being continually addressed. with the intent to change supplier as soon as practicable. Grant applications were put in for secondary glazing and undertloor heating and these are still work in progress. It has been an arduous year. whilst the volunteers have worked hard. there is little appetite for taking on the legal and compliance responsibilities of trusteeship. Three trustees resigned in May 2024 and Ihe Chair has stayed onto complete a handover with newly found trustees in the summer of 2024. Community Action Northumberfand have been asked to step in to train the new committee and provide support where necessary.
St Mary's Village Hall CIO Independent Examiner's Report Report to the trustees of - St Mary's Village Hall CIO Charity No 1176742 On the Accounts for the year ended 31 Marth 2024 Respective responsibilities oftru5tees and examiner The charity's twst¢es consider ihat an audil is noi required for this yeaT (under section 43(2) of the Charities Act 1993 {Ihe Act) and ihat an independenl examination is needed. li is my responsibility lo Examine the accounts (under seclion 43 of ihe Act), Follow th¢ procedures laid doivn in the General Directions given by the Charity Commission (under section 43(7)(b) of the Act), and State ivhether particular mallers have come to my attenlion. Basis of independent examiner's statement My examination ivas carried out in accordance with General Directions given by the Charity Commissioners. An examination includes a review of ihe accounting records kept by the charity and a comparison of the accounls presented with those records. It also incliides consideration of any unusual iiems of disclosures in Ihe accounts and seeking explanalions from the trustees concerning any such mallers. The procedures undertaken do not provide all Ihe evidence that ivould be required in an audil, and consequently I do not expTess all audit opinion on the accounts. Independent examiner's statement In the Course of my examination. no malter has corne to rny attention: l ). Which gives me reasonable cause lo believe that in, any maierial respect. the trustees have noi me the requirements 10 ensure that: Proper accounting records are kepl (in accordance wilh seciion 41 of the Act). and Accounts are prepared ivhich agree with the accounting records and comply with the accounting requirements of the Act- or 2). To which, in my opinion, atlention sbould be drawn in older to enable a proper understanding of the accounts to be reached. Signed David Hodgson, MBE, FC& ACIB Read, Milburn & Co 71 Hoivard Sireet, North Shield4 NE30 IAF Dale .
St Mary's Village Hall CIO Statement of Financial Activities st For the year ended 31 March 2024 Incoming Resource5 2024 2023 Uhrc5tTittd Rtstrltted Tot#1 FuMd5 Prior Yexr Donations and gifts Charitable activities 200.00 6.854.49 200.00 6,854.49 117 2,944 TOTAL INCOME 7.054.49 7,054.49 3,061 Resources Expended Charitable Activities (Note2} Other expenditure 21.166.19 21,166.19 4.333 TOTAL EXPENDITURE 21.166.19 21,166.19 4,333 NET {ExPEDITuRE) INCOME (14,111.70) '(14,111.70) (1,272) NET IM0VEIENT OF FUN'DS (14,111.70) 0 (14,111.70) (1,272) Total fijnds brought fonvard 41.125.78 41.125.78 42,398 Total Funds carried Fonvard £27,014.08 £27,014.08 £41,126
St Mary's Village Hall CIO Balance Sheet at 31" March 2024 2024 2023 Fixed Assets Current Assets Cash at Bank 27,014.08 41.125.78 Net Assets at 31 March £27,014.08 £41,125.78 Represented by: Unrestricted funds £27,014.08 £41,125.78 Signed by Maggie Bailey ( hair) Date
St Mary's Village Hall CIO Notes to the Accounts Year to 31" March 2024 i). Basis of Accounts The financial accounts have been prepared in accordance Wlih Accounting and Reporting by Charities.. Statement of Recommended Practice applicable io charities preparing their accounts in accordance ivith ihe Financial Reporting Standard applicable in the UK and Repiiblic of Ireland (FRS 102) (effective l January 2015) - Charilies SORP {FRS 102). the Financial Reporting Standard applicable in ihe UK and Republic ofireland {FRS102) and the Companies Act 2006. St Mary's Village Hall CIO meets the definilion of a public benefit entity under FRS102. Assels and liabilities aTe inilially recognised at historic31 cost or trdnsaction value unless oihenvise stated in Ihe Televant accouniing policy note(s). 2). Expenditure on Ch4ritable Activities Expenditure for the period analyses as follows=_ 2023 2024 Bank Charges Insurances IT software and consumables Light, Heat & Poiver Repairs & maintenance Subscriptions Telephone & internet Administration Expenses Catering & Events Equipmeni Purchased Hire of Equipment 21.10 248.84 191.57 2.701.71 144.00 567.33 458.35 173.53 263.35 99.54 10,785.71 3.834.31 334.71 547.04 319.71 4,039.95 460.34 308.00 Total Expenditure £4J32.90 £21,166.19