Registered number: 11180713
HEWISH & PUXTON VILLAGE HALL LIMITED DIRECTOR'S REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
CGH Accountants and Business Advisors
Hewish & Puxton Village Hall Limited Director's Report and Unaudited Financial Statements For The Year Ended 31 December 2020
Contents
| Page | |
|---|---|
| Company Information | 1 |
| Director's Report | 2 |
| Accountant's Report | 3 |
| Income and Expenditure Account | 4 |
| Balance Sheet | 5—6 |
| Notes to the Financial Statements | 7—8 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Income and Expenditure Account | 9 |
Hewish & Puxton Village Hall Limited Company Information For The Year Ended 31 December 2020
| Director | Mrs Lynda Redding |
|---|---|
| Company Number | 11180713 |
| Registered Office | The Grange |
| West Hewish | |
| Weston-Super-Mare | |
| BS24 6RR | |
| Accountants | CGH Accountants and Business Advisors |
| ACCA | |
| The Homestead Gloucester Road | |
| Upleadon | |
| Newent | |
| GL18 1EH |
Page 1
Hewish & Puxton Village Hall Limited Company No. 11180713 Director's Report For The Year Ended 31 December 2020
The director presents her report and the financial statements for the year ended 31 December 2020.
Statement of Director's Responsibilities
The director is responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing the financial statements the director is required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgments and accounting estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. She is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Directors
The directors who held office during the year were as follows: Mrs Lynda Redding
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Mrs Lynda Redding
Director
12/02/2021
Page 2
Hewish & Puxton Village Hall Limited Accountant's Report For The Year Ended 31 December 2020
Report to the director on the preparation of the unaudited statutory accounts of Hewish & Puxton Village Hall Limited For The Year Ended 31 December 2020
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Hewish & Puxton Village Hall Limited which comprise the Income and Expenditure Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/accarulebook.html.
This report is made to the director of Hewish & Puxton Village Hall Limited, as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Hewish & Puxton Village Hall Limited and state those matters that we have agreed to state to the director of Hewish & Puxton Village Hall Limited, as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hewish & Puxton Village Hall Limited and its director as a body for our work or for this report.
It is your duty to ensure that Hewish & Puxton Village Hall Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Hewish & Puxton Village Hall Limited. You consider that Hewish & Puxton Village Hall Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Hewish & Puxton Village Hall Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
12/02/2021
CGH Accountants and Business Advisors ACCA
The Homestead Gloucester Road Upleadon Newent GL18 1EH
Page 3
Hewish & Puxton Village Hall Limited Income and Expenditure Account For The Year Ended 31 December 2020
| Notes TURNOVER GROSS SURPLUS Administrative expenses Other operating income OPERATING SURPLUS/(DEFICIT) Other interest receivable and similar income SURPLUS/(DEFICIT) FOR THE FINANCIAL YEAR |
2020 £ 92,569 92,569 (103,886) 11,334 17 1 18 |
2019 £ 16,896 |
|---|---|---|
| 16,896 (28,975) - |
||
| (12,079) - |
||
| (12,079) |
The notes on pages 7 to 8 form part of these financial statements.
Page 4
Hewish & Puxton Village Hall Limited Balance Sheet As at 31 December 2020
| Notes FIXED ASSETS Tangible Assets 3 CURRENT ASSETS Cash at bank and in hand Creditors: Amounts Falling Due Within One Year 4 NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS Income and Expenditure Account MEMBERS' FUNDS |
2020 £ £ 85,550 85,550 4,346 4,346 (1) 4,345 89,895 89,895 89,895 89,895 |
2020 £ £ 85,550 85,550 4,346 4,346 (1) 4,345 89,895 89,895 89,895 89,895 |
2019 £ £ 85,550 85,550 4,327 4,327 - 4,327 89,877 89,877 89,877 89,877 |
2019 £ £ 85,550 85,550 4,327 4,327 - 4,327 89,877 89,877 89,877 89,877 |
|---|---|---|---|---|
| 85,550 4,345 |
85,550 4,327 |
|||
| 4,346 (1) |
4,327 - |
|||
| 89,895 | 89,877 | |||
| 89,895 | 89,877 | |||
| 89,895 | 89,877 | |||
| 89,895 | 89,877 |
Page 5
Hewish & Puxton Village Hall Limited Balance Sheet (continued) As at 31 December 2020
For the year ending 31 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
Mrs Lynda Redding
Director
12/02/2021
The notes on pages 7 to 8 form part of these financial statements.
Page 6
Hewish & Puxton Village Hall Limited Notes to the Financial Statements For The Year Ended 31 December 2020
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
1.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold
Not depreciated
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 1 (2019: 1)
3. Tangible Assets
| Cost As at 1 January 2020 As at 31 December 2020 Net Book Value As at 31 December 2020 As at 1 January 2020 . Creditors: Amounts Falling Due Within One Year Trade creditors |
2020 £ 1 1 |
Land & Property Freehold £ 85,550 |
|---|---|---|
| 85,550 | ||
| 85,550 | ||
| 85,550 | ||
| 2019 £ - |
||
| - |
4. Creditors: Amounts Falling Due Within One Year
Page 7
Hewish & Puxton Village Hall Limited Notes to the Financial Statements (continued) For The Year Ended 31 December 2020
5. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
6. General Information
Hewish & Puxton Village Hall Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 11180713. The registered office is The Grange, West Hewish, Weston-Super-Mare, BS24 6RR.
Page 8
Hewish & Puxton Village Hall Limited Detailed Income and Expenditure Account For The Year Ended 31 December 2020
| TURNOVER Hall Hire Fund Raising Donations GROSS SURPLUS Administrative Expenses Light and heat Repairs and maintenance Cleaning Insurance and Licences Other premises costs Website costs Professional fees Sundry expenses Other Operating Income Other coronavirus grant income OPERATING SURPLUS/(DEFICIT) Other interest receivable and similar income Bank interest receivable SURPLUS/(DEFICIT) FOR THE FINANCIAL YEAR |
2020 £ £ 5,244 - 87,325 92,569 92,569 914 99,391 2,348 1,215 - 18 - - (103,886) 11,334 11,334 17 1 1 18 |
2020 £ £ 5,244 - 87,325 92,569 92,569 914 99,391 2,348 1,215 - 18 - - (103,886) 11,334 11,334 17 1 1 18 |
2019 £ £ 9,599 3,347 3,950 16,896 16,896 1,424 23,081 1,899 1,587 546 81 356 1 (28,975) - - (12,079) - - (12,079) |
2019 £ £ 9,599 3,347 3,950 16,896 16,896 1,424 23,081 1,899 1,587 546 81 356 1 (28,975) - - (12,079) - - (12,079) |
|---|---|---|---|---|
| 92,569 92,569 (103,886) 11,334 |
16,896 16,896 (28,975) - |
|||
| 11,334 | - | |||
| 1 | - | |||
| 17 1 |
(12,079) - |
|||
| 18 | (12,079) |
Page 9