JIGGIT4S MEMORIAL VILLAGEHALL AfqD PLAY]NG IPIBLD FOR THE YEARKiYDED 31 MARCH 2025
corfrEN13 OF FINANCIAL ATMlI Re of the Tryst3 Pages I to 5 Ststellt of Fitwncial A¢livilie Page 6 Balanc¢ Sbeet Pw7 Notes to the Financi Statone Page3 8 to 14 Pw15
JICCEFIS MEMORIAL VILLAGE HALL AYD PLAYINGFIELD REPORT OF TRUSTEES The Tn]5te¢s pra4ent their retWIth the naUdIteAl fiDatJcial 8tstements of figg¢nsMemoiial Village Hall audPlayiDg Fi¢ld fwtb¢ yearded 31 ar¢h2025. Thc aDnUalrqx)rtftLs partof this repo REGISTEREDI OFNC 1179584 TRUSTEFS B Btirell Y McBean J W Bo).d MEDe•) Jor*s J ght0 DrSPMao A M Percival (Chair) (Vicc Chair) (RW'8ll 20 All2024) IloydsB8nk PIC RfPORTING ACCOiNfANIS Eagt Barton Roa¢L GreatBartO SuffolL IP312QY. Colchcthr. Coi INH. Page I
REPORT OF THE TRLSTELS {CoDttnued) The ThtteS submittheiT retK)rtand theuuauditrAfiuaocAaJ Statall of the charity forthe year ellded 31 Mar¢h 2025. The finallci statemtnts have pwated An accorda[ with the a¢couDtiDg poliriets s& fjut o pages 8 to 10 of the accounts aod COl91Y with the c]Mrity's g0venlg th¢Uell[ the chariti ACL 2011 and A¢¢oThthg and Rq>0rtg by clttle8.. Staternent of RecornendeA] Practice aFy]i¢able to iti¢5 Pr¢p]ng thEir accouuts ill accorkn withthe Financial Rewltug Stsjthd appli¢able in the iIK andRepubJic of]d pub]isbcdinOctobcr2019. Cha9 report Neiy strncthre We now report our aetivities uttder three financial hcadinss. That for the H811 Playillg Fiel4 the Youth Club and the Events Grow). Thus, f2ciitstmg iw)th a¢c(xtytallw attd (alSatIon. The Teader As refttted to the accounts. In sellal telltLs the hall (aS at a breakeveD level It is worth notitig that wha¢ gr aTe rtceived in year. for the youth club for ¢xample. a d¢fi¢it Th¢ Tnut h83 a160 now re for Giftkn"d wilbHMRC. Dr St¢ph¢n MaDll 8tixxl d(ThryL afi¢r J)io¢ ye8rs 8s ¢haTrmall omd the folloTring offi(3 Fcre Ihen electtsj: Bittrll 24 Chair. Mrs Yvonn6 McBtan &8 Vicc Ghair aud Mr kn'¢ha¢l D¢au as 20 Allgust2024. ing the year itbec4me an)arent that thc libw was EKiDg rEttErn to ST0]k Colty Council from "Sllffolk 7)raries, The great new8 is that libK2ry Vns staying xn Ixvmrth and in the Villagc Hall. A o¢iK Cojjtract 18 io th¢pr0¢493 ofbemg a Vlllage hall premtses Several projecLs we undutsk¢n thlliTrg th¢ year in partAL7thr th¢ toild bliKk wa8tC-plumbed and the refllrbislllnent of the W area rn c1FllJll. Both llow complete at the lirne of writing tbi8 Yollth elllb The Youth Chth continue8 to grow and inuease iti llumbtts the dirtctirn of Mtte Je$. tkn es¥ vmage The for & new Village Ha]1 h&4 not rnatcti and the Jiggew Tnt agrttd to . or£rate Ivith the P&ish Comcil OD fioding fimthg new r¢filll)i Village Hall on the existing Sitc. Th6 Cb[18ti fair w¢Dt ab¢j uT¥ler the m05t teml)le condition8. The stsll holders oved into the vJlL4e hall and although itcanllot b¢ a fman¢ial sth¢¢e6s gr¢ was hadby allwhoparticipat&4. Pag¢ 2
REPORT OF THE TRUSTEES (ContiDued) Mayday The weather T&y itllprovr4J the May Day celebratiow on th¢ gr¢¢n. A SU1 was Two disco d2oced hEld ¢kning the year the first OJA a n¢)stslgi¢ theme 'Ille(leS to Nougtities" and the second on the theme of Yow¢ Music". Th¢3r WEre both generate a 8urpkns andthe tIlley ha5 rAng fenced for ftttDre event& Sale Irail This Vds held agaiti this year and ity SI&%8 would that it IM become a glar fav(Anite. A personal thank yo I would ]e to ¢xprw my atitUde to all th(*e who haye in my fJTSt yrat as chair especially th¢boaTd of with(sutwhomthis Serv¢ to the Con)lY Wouldnotbe3ThIt. Page 3
IIEPORT OF TrUSTEFS (Continued) ObiecttveJ aDd acttwhies Th¢ Obj1v£S of the Ch8rllty are OJJ th¢pmvisioo ard maintenance of th6 lool Mllage ball, playillg field alld atscil1 facilili¢s, to wovilk I¢fittIaU$e the inhabilallts of the Parish of LTWQrtbTr4qthout (ltsrinrtiim ofpoliLl[ Teligii)w or othcropxDioJks. The Chaty airll8to imwov¢the ¢(ynditions of lift forthe I1 llthab. ltsprimaryactivities includethe u¢ f Pubjic benefit hi shaping onr objectives for theyear 8nd plalltiitig ourxlrvitt"¢8, the Tr have considrdthE arity Conllni&sion's guidan¢e Public Benefit lllclud1 ThePllblic BCllefitRWllremt (PBI). Ruty)in8 a Cknity (PB2) and Rw8 (PB3). Arbievements and perfoTmante OL l Aptil 2019 the ChaTity bcueficiary of the traDrfer of and liobihtsee from aT¢lated uDincw0rat Charity, jigge¢18l ViIlage Hall alldPtsyiug Fiel& Thi8 aOut to £427,195 and allowed th¢ Qarity to begin opcralio] Durmts tb¢year, the Charity Carried wt Ats thiectiveg 2nd h&81JndertthA activities to firth progress the stability of the Clwity. as well &s th¢ improvjng OJJ the c(¥JJuuuedusability of the10sal village liall, playin8 field and attcffly facllities forfllrtha ofth¢ tKfit of th¢ Pariyh of knortb. Dllrirlg the firancial period fmm donatiOJL8. gfdnts aDd amOUDted to £20.065 (2024. £2,125) wljilst incOll froJD (rther trading actiYitiGs was £34,7{2O24- £32J50). otknijOrne represents recyciing &utiIityrbE¢s of £5.651 (2024- £2J03). Total iticome llOLted to £59,72312024- £36,Y18) fortheyear. Totsl ¢%penditure iti the year attKpwited to £52.003 (21W- £50J93). R¢sulW ill aDet sh of £7,720l224-et dcficit £13,415). Roerve8 pollcy The thIty0Mlly expectstohold up to £12.<MKI ill a ralorve fi]lt0 covcrthe g¢nq31 eApcnditllTe on chaTitable actsviti¢s for a Th)minal IPJtuDdefin Basttl on the tt'ading activities of theye4r ended 31 March 2025, the r¢5rThe fimd would covcr approxllIY 3 months exp¢ndAtsJre. Jiggens Meanorial Village Halland Plory"ng Field T¢S¢ryU h¢ld atthe year to £421.403. of whickL £10,368 restrIcl funds (2024- £413,683, Tmrtstricted). Th6 lLOnt0f unre8tri¢t funds,1&83 tht PEOPaty ea8 £11,035, in with the mave8 requiJed to covu 3 rnollfhs eXale. The Trte¢S ¢onsid¢rth¢T¢8¢rve balance sufficientto CO the of the Charity for th¢ftse£ab]e futsye but 8tmto srKlld rI¢[Ce& ov¢rth¢ L7)ming yea Plans lor futhTe peri Th¢ ¢h2nty aimB to Gontilme into thcncxt year &q Set out iu its objectiv4 the clwity 18 lool£ing to develop and iwe tbeusabijity of the I[al willage halL playnig field ajkl illary faciliti¢8 forthe fithe[all¢¢ of th¢ Efnefit of tbe Parith of IxwortlL Pag¢ 4
REPORT OF THETRISTEFS {CthiliMHtd) Th¢ thIity is goTetned as aclwitsble InrrOr8aWtioll (CIO) ref¢r¢ll CE014898. The charity is governed by itsboard of TDJStee3 amd w&8 aCbaTity on 17 Aug2018 the reference 1179584. RecTuithent appointment trostee them8elve4 with the cbaTrty alld the ¢ont&tt withinwhich it qKrat&%. rpolicy for app()intingn¢w TDJstees is to Se(b otrtpcopleTrFho kne and cbaracteristic8that will be beneficial to Ihe eknity. On appoillttlltthe TnL¥teur¢eeive a copy of tbe goyL1llg audwo& of the charity and fubjre alw8. Th¢ Tnt¢ have id¢nts"fied the majorrisks f¥mg the thlty afj8e&8ryJ tbeirpotrnlial impact. Appropriate systems have bt%n establ]5hcdto mollitor and rnallage tILese risks. The board of Tntt9 follows the Cbarity Corn1104 guidatice 'arItieS atsd riskllweme' in id¢nLifyiug and weigbing ri8k5. TDj5te¢sle the fiDauGial risks to the Charity at each quarterty board meew. The est risk to the charity 18 irs relianc¢ on akn8b l¢Y¢l of income from grant fidg 8ryd developiog a widerrnig¢ of fimdiD8 is ap1lty. JMdepe)AdeMt eXaMth pAN#t n¢xt Anml Genera] Meetitig. Signing on lJeba]f of the board rfTrryqte MIB Bixr¢ll (Chair) Ttwtee 161.q12ozs AppmvedbythelM)ardon........ .............. Pa8e 5
FOR THE YEAR KNDKD 31 MARCH21125 21ll5 Income alld elldoTrrn¢nts'. Dollation4 legaci&8 Othertrading activitiG8 1.620 34.(K>7 5.651 18.445 20.065 34,(K17 5,651 1125 32,550 2J03 41278 18.445 59,723 36978 Charitsbl¢ a¢viti¢s 43926 8.077 52,(M)3 50,393 43926 52,tK)3 50,393 et surplu& (deficit) (2,648} 10,368 7,720 (13,415) Reroneffi8tign of f3 Total foTy18 browfrnrd 413.683 413,683 427,098 Totxlfulld¥ rarried fonwaTd 411.)5 IOJ68 421,4 413,683 All of the above r¢8ults &YffYe from wntstiry liYitse8. The1 Onpa8 8 to 14 fonnpart of the4eaca)unts Page 6
BATAN(SSllA8 AT31 MaRCF2•25 2(124 Tan8th1¢ flxdsC io 4Th),0 CDRBVArASss li 9395 17,0 5927 (ksh atbank Cash atbank.Yollth (lth 9,716 33213 (IL810) {11.869) 2L403 ThKrA8S 421,403 413,6B3 oftht ¢harify 411,035 IQ368 413,6K3 421.403 413,f43 16_1..7.1.70 Tha8e fJtm¢I8tst)wllts appmvejlby thoBomlof]Iu8t¢es 8lldauthorisedkn8Ua ¢n..- . .. . and sign6donbehalfofthe boaxd by: mrBBiceIi(a) . Twstr Thenotts onpage8 8t0 I4fi)rnpartofthea00o1ll
'ITOZ YV POE ((zoi s¥&) daos (zol sWvuvp4Jo xqwp mTr)JW)Tt(Tdr pjeputjs twuew. JO VP)TIPWsgrp',PllEPl13oryiwkx 8DuJc4
NOTFS TO THE ACCOiThTS FOR THE YEAREIWED 31 MARCH 1025 (Conttnlled) Accounting polides (ctslltthtyed) Intome All illcome is included iti the 8tatetneJrt of financial activities when entitleme has passed ty the ¢haTtty. it i5 probable that th¢ e¢on0c benefits &8ociated with thc tratssaction will flow to th¢ thamy and the ¢an be reliably measured. The followiog speci6c policies ¥se from grdnts and contrxcts fot the supply of serv¢s is rceognis¢d with thE delivery of tb¢ contr8¢ted 8cTri¢¢. Th]5 is clwified &8uDr&%tricted u])less there is a contral Tequirn•t foT it w be $t OA a patscu]zr purylose retun)ed if BApenditore is rcc4J8tiised oo croals basis as a ]iabi]ity 18 ADQllTed. Exloiture includ&8 ally VAT w]Li¢h vAwot be fulty recov and GlassifieA IadgS of the statement of fioancial actiViti¢5 to T%thicb itrelates.: non41wiTabletrading activitics, aad th¢ Costs ttF scli dL)llated gtK)d8. dertskiDg aGlisryties that furthet it8 ¢hi18ble airns th¢ b¢n¢fit of XLS the charity amMEI to GIIlable aCLtvitie&. Costs at[n1JtsbIe Éo a siog]¢ a¢ti%ity allared direcdy to that activity. Shared 8t8 are TmOble ao8¢ts Tallble assets are iuts3lly trded at ¢08( and subsequently st&ed at ¢051 I¢BS ally Any &qsds callied at revalued increw in th¢ carrytng (rf all &wt &s a rtsDh of a xevaluatioJ is recolS¢d tn other Tecognised gaitLS and 10&3es. uDk&y it T¢verS a ¢bge for illwa1rrnet that has previously befn rcco8nised &8 eApendittue the statemeut of fjnan¢ial a¢tivititd. A TecO8ris gal$ ¥tyJ losse4 except to which it oJTsets anyouS ralUatiOn gain, in which 7$¢ th¢ 108s is shown withill oth¢r Tr¢ow8ed SaS alld 1058es on the statem¢nt of fjnatici actiritics. Depreciation DeprecAioD is calculated so 28 to wri1¢ off the ¢<rt or Ygluati¢)D of aD asseL less its r65ith]ai value, overth¢us¢fvl cn0M1( life of that &wt &8 follows.. 25% Straigbt ]iDe 25Yo straigbt ]iDC Fi¥tures & fittiogs Pag¢ 9
IY(WIES TO ACCOtNrs FOR THE YEAR Ehl>ED 3J MARCH2025 (Ctsnthiued) Jrnpainllent fjfftx a5J¢ts recoverable amount being ttIatl where stlcb JndicatoTh exisL Wbefft the tarryryng the exceed8 the recoverdbl¢ the as8¢t is wopaired acc4)rth8ly. Trior impairnients are also r¢vs¢w¢d f(Kp&8ibleIevetsal at ¢ath rwtsiig date. For thc of illwaiTmgut testi when it is not P085ibl¢ tc f&imate the rtLoveYxble alnount of au individu313&e4 esttrnatc is rnadc of the recoverdbl¢ amount of the ¢a8h generating UDit lo which the belojjgs. The rA8b geserdting utlit is th6 identifiable grow) of assets that includes the 355¢t and g¢J)ernt¢6 iufiows that are largely ]nd6p¢llt ofthe cash it]llow8 fJomother&wets or 8tOUPs of a5% Stocks are nJ¢ayurefj at the loiver of wst aud selling price less $ts to ¢onwl¢te and Sell. includes all costs of lAlaS¢. costs of cojjversion and other c05L8 in bxAuging the sr(Kk to its pICth l(Kutioll Jnd Cotho A fttwi¢ial &8set (r a financial h"abJlity is onty Bthen th¢ lty beMe1 to the Contrathl provi8lOD8 of th¢ includiug any Telatfd traDBaaion CO lesS the arragewnt constite$ a financin8 where il is recog01 at tbe present value of the fityre paym¢Lts dAscowtsd ak a Jnarketrate of interest for a sill)iJaT debt10strtmnL Dolla0& & legades UDre4tri¢ted Restricted Total Fund8 2025 Totsl Futs(L8 2024 DonatioA¥ Donations & kgacies 1,620 1.620 1,125 Grants West Suffolk CouncAI 5,IK)O 13,445 1,000 13,445 1,620 18,445 20,065 2,125 Page 10
LYOTfS TO TllE ACCOIJNIS FOR THE YEAR ENDED 31 MARCH 21125 (Continued) other tradAllg activitsej 2025 2024 Other trading activxLi 34.<M17 34.1K)7 32.550 34,007 32,550 Unrestrlcted Rc8trjed Total Funds Total Funds 2025 2024 Reryc]ing & rectsgingutiliLi& 5.651 5,651 2J03 Expendhure on ¢hthbk aclisrytses UJrestricd RestrACted Total Find8 Totsl FwbL4 2025 Events exp6Thes Youth club e4)en8es 3.720 I.31 616 3,720 2.302 616 2,700 513 912 Heat & liglrt Telepbi)n¢ & intrrn Repairs & renep4als Cleaning PretiJis¢$ expens 4246 1248 4.616 7248 2.951 1,347 2,114 2.172 5.610 6.308 489 11,044 1,406 1,967 11,668 1,982 1203 2.329 45 2287 2.951 lJ47 1114 1172 5.610 1.475 489 1,546 ioio 3.954 6.OtM) 729 884 ]nsuranee AthJiDiStrnlion wagas Yonth cMb wag&% Printiu& station¢ry & cOnllt Bad debts subSLpt10fy$ 4.833 1022 441 2.(122 441 299 153 Lrtery & iicence fees 180 4.074 360 4,074 3,033 8,077 52,003 50.393 Page 11
OTES TO THE ACCOLThTh FOR THE YEAREhl)ED 31 MARCH 2025 (Continue(D Staff costs Mwganent & ad[[LoTga5 aDM)Unt0 £5,610 (2024: £3.954). Youth clth iya aOUllt¢d to £6308 (2024: £6,(MKI). Th¢ avaag¢ head (ul0f eowloyees inthe yeaTWdS 3 (2024.. 3}. No clliploye¢ r¢ceiYed employE¢ ll¢ than £60.(KK) drntig y¢ar. Mr A MP¢rcival relly¢d rcrnuti( of £5.692 (?024 . £3,793). No other tre$ Te¢eived reJ)ThmeratioL ititr currePerI(l diray or iudirtttty frojntbc Ch2tity. Three (2024.. four) trustees w¢re reimb1 expellS to £557 (2024: £848) 4knillg the year. io Tatt7)1e fixed assds Free]Id prowty Equtpmemt & fitting5 At l A11 2024 & 31 Marth 2025 369 7274 407,H3 preditiDn At l Apnj 2024 & 31 Malrh 2025 369 7274 7,643 Carrying amount At 31 March 2(125 4,000 At 31 March 2024 400,000 Tale ed ¥ssets held vluxllon The tnLt h8yeVahthe freeholdpropoty at the yw end date at £4(M),(KIO (2024.. £41KI,000) in lin¢ WAth tbe fatr vakne ofthe tratL8fer of &8ets &8 di8¢1osed e]seFhere inthege fm8ncial statejnents. Pagr 12
Tr4iyrLs TO ACCOi]IYTS FOR THE YEAR ENDED 31 hL4RCll 2025 {CoDtinuedl li Debtm 21J25 2ff24 Trade debtor8 Otber dei*ors 5230 3,050 36A) 12 Creditm: Am0ntsfg dlle Fithim •Aeyear 2025 2024 3.453 470 7887 3,495 41X) 13 Amalyws of charhabk funds At31 March 2(Y25 Awi12024 Inco Fuiditie TratL%fa¥ Totsl fu 413,683 59,723 52.(M13 421,403 Atl At31 March 2024 Total fjjnth 36.978 50.393 413,683 14 ADalysis of net assrts behyeen As at 31 March 2025 2(r25 Tawll¢ fLt¢d ass&s 400.0 10,368 wets 411035 421403 As at 31 Marth2if24 Totsj Fut 2024 Fun TangJl)le fix&1 Lwts Net CLurellt ass¢ts 4CII,O(KI 400,000 Net a58ets 413 683 413683 Py13
N(yrEs TO THE AccouiYf3 FOR ThE YEAREYDED 31 MARCH 2025 {CoDÉtDued) 15 Ther¢ are llorelated ptylrallsactiOll8 ill tTros thcprior yc4r. 16 De8lgDated f4 Withinvtwe8trictedfuTth is £40 whithhasbttndesigoated I1 EV¢llts as the di8¢retion of the events Golluuittee. Page 14
dependen thI'S reportts the tsusttt8 of Tllggew Memor141 VlllAge Hav and Playiug We reFrf)rt to the Lknty tree9 of the fitiancial Staten of the clwity for the ye3r aded 31 Marth 2025 wljich cotllpr the 61ataneot of fiDanciaJ activits"¢s, balantt sheet alld the e12tcd notes seL ou¢ Onpag 2 to 14. Th¢ ttustees e woL8ible for the PTeothtiim of the fioall¢ial 8tat6ments in accorth¢t the TequtreJwts of the CbAriti&q Act 2011. Wc report in res of our exatyination of the ch8ritrfs financial ateMty ¢arri¢d out undEr sttti( 145 oftbc Act and in calliryng our ¢xamItione have followd allthe appJi¢abl¢ direthiow given by the Chan"ty Commi&8ion utth secti1 145(5Ab) of theAcL Independent 8tt¢ment ¢omLectioo with the ¢xauJithonwhich gtYe8 US ca to beh"ev¢ that accoulltillg re¢ord8 have not been accokn with Secti( 130 of the chltieS Act the finallci3] statem¢nts do ttot Compty 1th the applicabk conceming tb¢ fon Ld coatent of aGroDw sd i)ut in the chariti.es (A¢counts and Repots) Regul*tsons 2008 otkn th3ll any reqUireent that the accouuts give a 'tDJe and fair, view which is not a matter We have no coll¢¢m$ and have come auoss tso oth¢r matter8 in ciwn¢¢tion Ivith the exami0 to ich atteoti¢)n should be drawn in this TeportiD eryable apro(ding of the 01 to b¢ reachfyL att<otion is drawn to th¢ fart that tb¢ cbarity has PTepared the a¢¢ounts (fillanciaj 8tatemmts) in a¢cordancc with ACc(yUnti8 and Reporting by Cban'ties: Statemertt of Recornll)ded Practice applicable to ChitIeS PWMtill8 tl)eir acc(AKts in aCC4)rd the Finarlcial R¢portiDg StandaTd applicable in the UK 1Rqb1lc oflreland (FRS 102) inpreference to the Ac¢ounting aod Reportn by Qaritie8: Ststematt of R¢fy)JDmeJdaJ Prdcrice i33tLed on l Awil 21X)5 Thdjicb is r¢ferred to iti the We this ha8 been done ID ordff for the ac0)W to pmidc a tDJe and fair view i ZS...?... 2015: Twinn A¢¢oulltallLsLimitrd Suite 4, Llast Barton Barns East Barton Road Gr¢alBl0 Suffolk IP312QY Pag¢ 15