| Names ofthe charity | trustees who manage the |
charity | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Trustee name | Office (ifany) | Dates whole |
acted if not for ear |
Name to a |
of person (or body) oint trustee if an |
entitled | |||
| Robin Somerville | Chair | ||||||||
| Trevor Ryan | Treasurer | ||||||||
| 3 | Eloise Monger | Somborne | Players | ||||||
| 4 | Sarah Pennington | Booking Secretary | Somborne | Sisterhood | Wl | ||||
| 5 | Linda Aucock | Invoicing Secretary | Parish | Church PCC | |||||
| 6 | lan Beacham | Parish | Council | ||||||
| 7 | Katy Grant | Sombornes | Preschool | ||||||
| 8 | |||||||||
| 9 | |||||||||
| 10 | |||||||||
| 11 | |||||||||
| 12 | |||||||||
| 13 | |||||||||
| 14 | |||||||||
| 15 | |||||||||
| 16 | |||||||||
| 17 | |||||||||
| 18 |
| Summary | ofthe main activities | Manage | all aspects of Kings Somborne | Village Hall, | in terms of usage, |
|---|---|---|---|---|---|
| undertaken | for the public | upkeep | and development. | ||
| benefit in |
relation to these | ||||
| objects (include within this | |||||
| section the statutory | |||||
| declaration | that trustees have |
||||
| had regard | to the guidance | ||||
| issued by | the Charity | ||||
| Commission on public benefit) |
| ~ ~ |
~ ~ |
~ ~ |
a m a r ~ ~ ~ |
a m a r ~ ~ ~ |
|---|---|---|---|---|
| Summary ofthe main achievements ofthe charity during the year |
The hall has continued to be well used by the local community for activities such as badminton, yoga, dance, short mat bowls and dog training, and for community group meetings such as the Parent 8 Toddler Group, Somborne Society, Somborne Sisterhood and Women's Institute. |
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| The Somborne Sessions live music events and Somborne Community |
||||
| Cinema film screenings have continued, and remain popular with the |
||||
| local community. Over the winter months, the community cinema ran |
a | |||
| series of "warm hub" matinees, aided by a local authority grant. |
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| Somborne Community Cafe operates once a week from the Jubilee |
||||
| Room, and this facility is very well supported and much appreciated |
by | |||
| local residents. | ||||
| Working with local partners, the hall has continued to offer packages |
for | |||
| wedding receptions. |
||||
| The trustees are pleased to report that the hall is financially sound, and |
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| fulfilling its purpose in the local community. |
| INCOAflNG RESOURCES | |
|---|---|
| Income and endowments | from: |
| Grants, donations and legacies |
|
| Charitable activities |
|
| Other | |
| Total incoming resources | |
| Less: Bad debts written-off | |
| Net Incomin resources |
|
| RESOURCES EXPENDED | |
| Expenditure on: |
|
| Charitable activities |
|
| Interest and depreciation | |
| Total Resources used | |
| Net movement in funds | |
| RECONCILIATION OFFUNDS |
|
| Total Funds brought forward | |
| Total Funds carried forward |
| TOTAL | FUNDS | ||
|---|---|---|---|
| Notes | 2022-23 | 2021-22 | |
| f | f | ||
| 10,525 | 15,624 | ||
| 29,401 | 20,326 | ||
| 22,658 | 1,598 | ||
| 62,583 | 37,550 | ||
| 62,583 | 37,550 | ||
| 59,667 | 24,442 | ||
| 7,530 | 8,424 | ||
| 67,197 | 32,666 | ||
| 14 | (4,614) | 4,684 | |
| 94,782 | 90,098 | ||
| 90,168 | 94,782 |
| TOTAL FUNDS | |||||
|---|---|---|---|---|---|
| Notes | 2022-23 | 2021-22 | |||
| F | F | ||||
| NONWURRENT ASSETS |
|||||
| Tangible assets | 6 | 42,247 | 47,010 | ||
| Community building |
operating | lease prepaid more than one year ahead | 10 | 24,442 | 25,639 |
| 66,689 | 72,649 | ||||
| CURRENT ASSETS | |||||
| Prepayments, accrued income |
and debtors falling due within one year | 7 | 26,944 | 6,271 | |
| Community building |
operating | lease prepaid for next year | 10 | 1,197 | 1,197 |
| Cash at bank and in | hand | 11 | 19,385 | 21,586 | |
| 47,526 | 29,054 | ||||
| CURRENT LIABILITIES | |||||
| Creditors and accruals falling | due within one year | 23,847 | 4,102 | ||
| Deferred income failing due within one year | 12 | 200 | 380 | ||
| 24,046 | 4,482 | ||||
| NET CURRENT ASSETS | 23,479 | 24,572 | |||
| TOTAL ASSETSLESSCURRENT LIABILITIES | 90,168 | 97,221 | |||
| Creditors and accruals falling | due more than one year | 2,440 | |||
| TOTAL NET ASSETS | 90,168 | 94,782 | |||
| FUNDS FORTHE CHARITY | |||||
| Unrestricted funds |
(from Statement of Financial Activities) | 90,168 | 94,782 |
| 1.BASISOF PREPARATION | |||||||
|---|---|---|---|---|---|---|---|
| 1.1Basis offinancial statements | |||||||
| These accounts have been prepared under the historical cost convention with items recognised at cost |
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| or transaction value unless otherwise stated in the relevant note(s) tothese accounts. |
|||||||
| The accounts have been prepared in accordance with: the Statement of Recommended Practice: |
|||||||
| Accounting and Reporting by Charities preparing their accounts in accordance with the Financial |
Reporting | ||||||
| Standard applicable in the UK and Republic of Ireland (FRS102)issued on 16july 2014, and with |
|||||||
| the Charities Act 2011. | |||||||
| 1.2Change ofaccounting policy |
|||||||
| The accounts present a true and fair view and the accounting policies adopted are those outlined |
in | note 2. | |||||
| 2. ACCOUNTING POUCIES |
|||||||
| 2.1 Reconciliation with previous GAAP to funds determined under FRS 102 |
|||||||
| There were no material adjustments tothe accounts with the adoption of FRS102. |
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| 2Z Income | |||||||
| Recognition ofincome | |||||||
| Income is recognised in the financial statements when the charity becomes entitled tothe resources, it is |
|||||||
| likely the charity will receive the resources and the monetary value can be measured with sufficient |
reliability. | ||||||
| There has been no offsetting ofassets and liabilities, or income and expenses, unless required or | permitted | ||||||
| by the FRS102SORP or FRS102. | |||||||
| Grants and donations are only included in the SoFA when the general income recognition criteria |
are met. | ||||||
| The charity has not received government grants in the reporting period. |
|||||||
| 2.3Expenditure and liabilities |
|||||||
| Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation |
committing | the | charity to pay | ||||
| out resources and the amount ofthe obligation can be measured with reasonable certainty. |
|||||||
| Support costs have been allocated between governance costs and other support. Governance costs |
comprise | all costs | involving | public | |||
| accountability ofthe charity and its compliance with regulation and good practice. |
|||||||
| The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 FRS102SORP. |
Subsequent | ||||||
| measurement isas per paragraphs 11.17to 11.19,FRS102SORP. |
|||||||
| 2.4Assets | |||||||
| The Charity has a permanent endowment: Land and Buildings used by the Charity. Since the Charity |
has no entitlement | to sell these | |||||
| they are not recognised as tangilble assets in these accounts. | |||||||
| Other Assets (non endowed) are held for functional use by the Charity. These include tables, chairs, kitchen equipment, |
marquees, | ||||||
| security equipment, audio/visual and music equipment, sports and leisure equipment. |
|||||||
| Depreciation has been provided at 159'reducing balance in order to write offthe assets over their estimated |
useful lives. | ||||||
| Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement |
amount after | any trade | |||||
| discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other |
consideration | expected to | be | ||||
| received. |
| Notes to the financial st | Notes to the financial st | atements | for the year ended | 31 March 2023 | ||
|---|---|---|---|---|---|---|
| 3. Analysis ofincome | ||||||
| Notes | 2022-23 | 2021-22 | ||||
| f | ||||||
| Grants, donations | and legacies | |||||
| Grants provided by |
government | 15,304 | ||||
| Non-government grants |
10,000 | |||||
| Donations | 525 | 320 | ||||
| 10,525 | 15,624 | |||||
| Charitable activities |
||||||
| Fundraising events |
3,958 | 2,118 | ||||
| Hall hirings | 15,939 | 8,706 | ||||
| Community Building |
rent | 9,504 | 9,504 | |||
| 29,401 | 20,328 | |||||
| Other income | ||||||
| Bank interest received | 28 | |||||
| Commission received |
164 | |||||
| Insurance claim payout |
16 | 20,599 | ||||
| Electricity Feed-in Tariff | 1,867 | 1,493 | ||||
| 22,658 | 1,598 | |||||
| TOTAL INCOMING | RESOURCES | 62,583 | 37,550 | |||
| 4.Analysis ofreceipts ofGovernment | grants | 2022-23 | 2021-22 | |||
| E | p | |||||
| Hampshire County |
Council | 1,924 | ||||
| Test Valley Borough | Council | 11,288 | ||||
| Kings Somborne Parish Council |
2,112 | |||||
| 15,304 | ||||||
| 5.Analysis ofExpenditure | 2022-23 | 2021-22 | ||||
| f | p | |||||
| Charitable activities | ||||||
| Hall running costs |
16 | 44,670 | 13,453 | |||
| Development costs |
13,799 | 9,793 | ||||
| Community building |
operating | lease | 10 | 1,197 | 1,197 | |
| 59,667 | 24,442 | |||||
| Interest and depreciation | ||||||
| Loan Interest | 75 | 128 | ||||
| Depreciation | 7,455 | 8,296 | ||||
| 7,530 | 8,424 | |||||
| TOTAL RESOURCES USED | 67,197 | 32,868 |
| 2022-23 | 2021-22 | ||||
|---|---|---|---|---|---|
| Atwost valuation | f | ||||
| Valuation at start ofyear |
96,059 | 92,520 | |||
| Acquisitions | 2,692 | 3,538 | |||
| Disposals | |||||
| Valuation at year end |
98,751 | 96,059 | |||
| Depreciation | |||||
| Depreciation before this year's charge |
49,049 | 40,753 | |||
| Charge for this year | 7,455 | 8,296 | |||
| Depreciation at year-end |
49,049 | ||||
| Net Book Valuation | |||||
| NBV at start ofyear | 47,010 | 51,788 | |||
| NBV at year end | 42,247 | 47,010 | |||
| 7. PREPAYMENTS AND DEBTORS FALLING | DUE WITHIN ONE YEAR | ||||
| Notes | 2022-23 | 2021-22 | |||
| f | |||||
| Hall hiring | invoiced but not paid | 86 | 285 | ||
| Community | building rent invoiced but not paid |
||||
| Other debtors | 16 | 20,599 | |||
| Debtors: Amounts falling due within one year | 20,685 | 285 | |||
| Accrued income - hirings not yet invoiced | |||||
| Prepayments | 6,109 | 4,836 | |||
| Returnable | deposits held by external entities | 150 | 1,150 | ||
| 26,944 | 6,271 | ||||
| 8. CREDITORS AND ACCRUALS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||
| Notes | 2022-23 | 2021-22 | |||
| f | f | ||||
| ACRE Loan | 2,440 | 2,641 | |||
| Accruals: Invoices not yet received, or not yet paid | 16 | 21,298 | 1,109 | ||
| Refunds due on bookings | 19 | ||||
| Hall hiring | discount funds held | 90 | 152 | ||
| Hall hiring | deposits held |
200 | |||
| 23,847 | 4,102 | ||||
| 9. CREDITORS: AMOUNTS FALUNG DUE MORE THAN ONE YEAR |
|||||
| 2022-23 | 2021-22 | ||||
| f | |||||
| ACRE Loan | 2,440 | ||||
| 10. COMMUNITY BUILDING: OPERATING LEASE | |||||
| 2022-23 | 2021-22 | ||||
| f | f | ||||
| Operating | lease cost for the current year | 1,197 | 1,197 | ||
| Operating | lease cost prepaid for next year | 1,197 | 1,197 | ||
| Operating | lease cost prepaid for more than one | year ahead | 24,442 | 25,639 |
| Operating | lease | cost | for the current year | |
|---|---|---|---|---|
| Operating | lease | cost | prepaid for next year | |
| Operating | lease | cost | prepaid for more than one | year ahead |
| 14. MOVEMEN | T IN FUNDS |
At start of | Net movement | ||
| year | in funds | At year end | |||
| f | f | f | |||
| Unrestricted Funds |
|||||
| Everyday account (Barclays] | 6,712 | (2,946) | 3,767 | ||
| Fundraising account (Barclays) |
0 | 0 | 0 | ||
| Savings account | (Ba relays) | 14,874 | (1,262) | 13,612 | |
| Lloyds account | 0 | 2,007 | 2,007 | ||
| TOTAL FUNDS | 21,586 | (2,201) | 19,385 | ||
| Net movement | in funds, included | in the above, are as follows: | |||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| f | f | f | |||
| Unrestricted funds |
46,892 | (49,094) | (2,201) |