||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.||
||||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.||
||||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||
||||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||||||||
|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.||||||||
|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)|
##
##
##
##
##
##
##
##