HONEYBOURNE VILLAGE HALL CHARITY NUMBER 1181450 TRUSTEES, ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2025 PSG Bowdens Accounlanls. Tax and Business Advisor5
HONEYBOURNE VILLAGE HALL Charity Number 1181450 Index Pages Trustees, Annual Report Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Accounts 8-12
HONEYBOURNE VILLAGE HALL Charity Number 1181450 Trustees, Annual Report The Trustees have pleasure in presenting their report and the accounts for the year ended 31" March 2025. The accounts have been prepared in accordance with accounting policies set out in Note I to the accounts, FRS 102, the Statement of Recommended Practice "Accounting and Reporting by Charities" and the Charities Act 2011. The Charitable Incorporated Organisation ICIOI. called Honeybourne Village Hall111814501. was established on January 2019 with the same purpose and objertives a5 the unincorporated charity called Honeybourne Village Hall15231551. On I, April 2019 all the assets. liabilities and funds of this unincorporated charity were transferred to the CIO and all adivities ceased within the unincorporated charity. ReferenS in these accounts to °the hariv refer to either entity, depending on the context. REFERENCE AND ADMINISTRATIVE DETAILS Honeybourne Village Hall is a charity registered with the Charity Commission. The tharity registration number is 1181450. The principal contact is- Mr Heath Jobe5 Harvest Close Honeybourne Evesham Worcestershire. WRII 7RH The Trustees serying during the year and since the year end are as follow5: Mr Heath Jobes (Treasurer) Mrs Angela Herbert MrTimothyWild Mrs Linda Judge Mrs Sylvia Matthews Mr Douglas Rushton (Chaimian} The Independent Examiner is: Mrs Ginette Getting FCA FFA PSG Bowdens LLP Unit 14 Craycombe Farm Evesham Road Fladbury Worcestershlre WRIO 2QS STRUCTURE, GOVEIiANCE AND MANAGEMENT The charity is controlled by its constitution and is a Charitable Incorporated Organisation (CIOI. Trustees are appointed by a resolution passed at a properly convened meeting of the charity trustees. In selecting individuals for appointment, the charity trustees have regard to the skills. knowledge and experience needed for the effective administration of the CIO. The charity is run by the Trustees. meeting regularly to administer the charity and at least four times a year.
HONEYBOURNE VILLAGE HALL Charity Number 1181450 OBJECTIVES AND ACTIVITIES Objectives and alms The objertive of the charity is to represent all those with an interest in the local comrnunity. and by working in partnership, provide for improvement in the local environ5 for an involved and valued community. This objertive is met by providing an available, sustainable. and well-maintained village hall, providing a focal point for the village thereby bringing the local community together. Publit benefit The Trustees tonfimi that they have complied with the duty in section 17151 of the 2011 Charities Act to have due regard to guidance issued by the Charity Commission on public benefit when deciding on the charit5 activities. ACHIEVEMENTS AND PERFORMANCE Over the past 12 months we can once again look back on the many successful events we've held including, quiz night5, regular movie nights, free lunch event for the local over 60,5 parishioners of the village. Table Top sale5, a live theatre production, along with a Christmas pantomime and a music and dance night. We continue to host a wide variety of regular classes for all ages of the community. meetings. social activities and our weekly coffee mornin& as well as private hirers to the local community continue to increase, along with increased bookinES from local businesses using our facilities. All of this activity has two purp05es- to fulfil our mission statement of "making the hall the centre of the village communiv and to ensure we generate sufficient income to cover our day to day expenditure and build up our reserves for future costs. FINANCIAL REVIEW The artivities of the hall generated income of £39.709. Expenditure of £30.742 delivered a Net Income position of £8,967 before depreciation charges. FUNDS Restrirted funds are tied to a particular purpose. as specif:ed by tile donor. The charity has a re5trirted fund balan of £852.022 as at 31 Marth 2025 which relètes tip net value of the construrtion of the new hall facility. UArestricted funds comprise those funds that are not SLFbjert'¥O Specific donor restrictions placed on them. Total unrestrirted funds at 31 March 2025 We E95.644. RESERVES POUCY The charivs normal policy is to generate and maintain adequate funds and reserves for the efficient running of the charity on a day to day basis. The poliry of the charity is for hall lettings and fundraising activities to be sufficient to meet the ongoing costs of running the charity. PLANS FOR FUTURE PERIODS Looking to the future. we intend to hold regular events over the year {movie night. quiz night and other events) to generate additional income to support the running of the village hall. We intend to promote and encourage the use of the hall for business purposes, by promoting the village hall outside of the local community and attract additional users for the hall during weekday5 and promoting the hall for private weekend hirers for events such as parties and weddings.
HONEYBOURNE VILLAGE HALL Charity Number 1181450 STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees are responsible for preparing the Trustees. Annual Report and the financial ststements in accordance with applicable law and United Kingdom Accounting Standards {United Kingdom Gerberally Accepted Accounting Practice). The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resourtes and application of resources of the charity for that period. In preparing these financial statements. the trustees are required to- select 5Ultable accounting policies and then apply them consistently.. obser¥e the methods and principle5 in the Charities SORP: make judgements and estimates that are reasonable and prudent- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting record5 that disc105ewith reasonable accuracy at any time the financial position of the charity and erbable them to ensure that the finantial statements comply with the Charities Art 2011. the Charities (Accounts and Report51 Regulations 2008 and the provisions of the trust deed. They are also re5p0nsiEe for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularitie& RISK ASSESSMENT The trustees have assessed the major risks to which the r.h?.-. pla to mitigate exposure. ".5 ryxwsed, and are satisfied that systems are in DEaARATJON The Trustees dedare that they have approved the Trustees, Report Signed on behalf of Honeyboume Village Hall. Chairman Dated: Il. July 2025
HONEYBOURNE VILLAGE HALL Charity Number 1181450 Independent Examinerfs Report To the Trustees of Honeybourne Village Hall I report on the accounts of the charity for the year ended 31 March 2025. which are set out on pages 2 to 12. Responsibilltles and basls ol report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the ACVI. I report in respert of my examination of the Trusvs accounts Caled out under sertion 145 of the 2011 Act and In carrying out my examination I have followed all the appllcable Directions given by the Charity Commission under section 1451511bl of the Act. Independent examinerfs statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: l. accounting records were not kept in respect of the Trust as required by section 130 of the Act: or 2. the accounts do not accord with those records: or 3. the accounts do not comply with the applicable Quirements concerning the form and content of accounts set out in the Charities (Accounts and ReF)0rt5} Regulations 2CN)8 other than any requirement that the accounts gwe a true and fair view whith is not a matter considered as part of an IndepeThJent examination. I have no concerns and have come across no othermatters in connection withthe examination to whith attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Ginette Getting FCA FFA PSG Bowdens LLP Unit 14 Craycombe Farm Evesham Road Fladbury Worcestershire WRIO 2QS Dated: Ilth July 2025
HONEYBOURNE VILLAGE HALL Charity Number 1181450 Statement of Financial Activities For the year ended 315t March 2025 Unrestrlcted Re5trirted 2025 Total 2024 Total P4•ies Income and endowments from: Donations and legacies Charitsble activities Other trading actiwties InvestnEnts Other Total 4,457 24,128 8,757 4.457 24.128 8.757 11,395 19,381 9,938 1,087 2,970 44,771 2,367 39.709 2,367 39,709 Expenditure on: Raising funds Charitable activities Other Total 14.9831 124,1761 1.583 30.742 14,9831 124.1761 11.583 30.742 17.4521 134,1301 4.5871 146,1691 Net in¢omel{expenditurel before depreclation 8.967 11,3981 Depreciation 123,8591 123,8591 124.7931 Net Incomelle¥penditure} 8.967 123.8591 114.8921 126,1911 Total fvnd5 brought fonyard 873.658 962.558 988,749 Translers between re5trirted & unre#rlcted funds Total funds carrled forward 852.022 947.666 962.5S8
HONEYBOURNE VILLAGE HALL Charity Number 1181450 Balance Sheet st As at 31 March 2025 Unrestrlcted Restricted 2025 Total 2024 Total Notes rixed assets Tangible assets Current assets Debtors Cash at bank and in hand 852,022 852,022 875,881 96,294 96,294 96,294 96,294 87,277 87,277 Liabilltles credito,. amunts falling due within one year 650 16501 650 16501 16CX)I Total net assets 95,644 852,022 947.666 962,SS8 The fund5 ofthe charity: Restricted funds UnstriCted funds 852.022 852,022 95.644 873.658 88,900 95,644 95.644 852.022 947.666 962.558 Approved by the Trustees and signed on their behalf bv: Dated: Ilth July 2025 Timothy Wild- Chairman Dated: Ilth July 2025 Heath Jobes- Treasurer
HONEYBOURNE VILLAGE HALL Charity Number 1181450 Notes to the Accounts For the year ended 31 March 2025 Accountlng Policies Basis of preparation The Honeybourne Village Hall meets the definition of a public benefit entty under FRS 102. These accounts have been prepared in accordan with Accounting and Reporting by Charities: Statement of Recommended Prartice, applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. and the Charities Art 2011. The financial statements are prepared on a going concem basis under the historical cost convention, unless Otherwise stated in the relevant accounting policy note. The financial statements are presented in sterlin& which is the functional currency of the charity. Income Income. including grants retrivable and donations, is recognised in the period in which the charity is entitled to receipt and the amount can be measured with reasonable accuracy. Income is deferred only when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified thatthe income is to be expended in a future period. The value of volunteer help received is not included in the accounts but is described in the trustees, Annual Report where applicable. lil) Expenditure Expenditure is reco8nised on an accruals basi5 a5 a liability is incurred. Irrecoverable VAT is included as part of the expenditure to which it relates. Expenditure is classified under headings that aggregate all similar costs and which can then be related to costs of raising funds or charitable activities. Costs of management, administration and governance are allocated to charitable activities. Governance costs are those associated with Coilstitutional and statutory requirements. iv) Fixed assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment1055e5. Depreciation is calculated so as to write off the c05t or valuation of an asset, less its residual value, over the useful economic life of that asset as follows- Fixtures, Fittings & Equipment 3 year5- 15 years, straight line Buildings 25 years- 75 years, strai8ht line Depreciation is charged on completion of a construction project. Funds Where there is a restriction imposed bythe donor on the purposeto which a fund can be used, the fund is classified as a Restricted Fund. Unrestricted funds can be used in accordance with the charitable objects at the discretion of the trustees. The charity has no endowment funds.
HONEYBOURNE VILLAGE HALL Charity Number 1181450 Notes to the Accounts {continued) For the year ended 31" March 2025 vil Financial instruments The charity has elected to apply the provisions of Sertion 11 'Basic Financial Instruments, and Section 12 '0ther Financial Instrument Issues, of FRS 102 to all of its finanaal instruments. Financial instruments are recognised in the charity's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are oftset, wtth the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. 8asicfinonciol ossets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transartion costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Clossificotion offinoncial liobilities Financial liabilities and equity instruments are classified accordlng to the substance of the contractual arrangements entered into. An equity instrument is any contratt that evidences a residual interest in the assets of the company after deducting all of its liabilities. Bosicfinoncial lit7bilities Basic financial liabilities, including creditors. bank loans, loans from group companies and preference shares that are classified as debt, are inrtiallv recognised at transaction price unless the arrangement constitutes a financing transartion. wthere i4e debt instrument is measured at the present value of the future payments discounted a-: a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective rate of interest method. Trade creditors are obligations to pay for goods or servites that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified a5 current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
HONEYBOURNE VILLAGE HALL Charity Number 1181450 Notes to the Accounts (continued) For the year ended 31 March 2025 2. Analysis of Income Unrestrlrted Restrlcted Total 20Z5 Total 2024 Donations and legacie5 Parish Counci5 & Wychavon grants & donations Big Lottery Fund- other Other grants Personal donations Charitable actlvltles hall hire Other trading activities fundraising & community events Investments Inte5t Other Income from EV charge point Income from solar panels 1,210 2,988 1,210 2,988 9,528 1,539 328 259 259 24,128 24,128 19,381 8,757 8,757 9,938 1,087 1,565 801 1,565 801 1,974 996 Total In¢ome 3. Analysis of Expenditure 39.709 44.771 Unrestricted Restrlcted Total 2025 Total 2024 Ralslng funds fundraising events 4,983 4,983 4,983 4,983 7,452 7,452 Charjtable actlvlties Provision of villa e hall: property maintenance and repairs insurance cleaning 10.725 993 2.954 5,129 10,725 993 2,954 5,129 4,525 947 3,112 6,648 14,518 4,380 34.130 wages & pensions management and administration 4,375 24,176 4,375 24,176 Other professional fees depreciation 1,583 1,583 23,859 25.442 4.587 24,793 29,380 23,859 23,859 1,583 Total expenditure 30,742 23,859 54,601 70,962 io
HONEYBOURNE VILLAGE HALL Charity Number 1181450 Notes to the Accounts Icontinued) si For the year ended 31 March 2025 Fixed Assets Freehold Property Flxtures, Fixtures, Land & Under Flttlngs & Fittings & Buildlngs Constructlon Equipment Equipment Total Cost At l April 2024 Additions Category transfers At 31st March 2025 875,284 97,001 1,741 974,026 875,284 97,001 1,741 974,026 Depreclatlon At l April 2024 Charge for the year At 31st March 2025 59,083 14,009 73,093 37,321 9.849 47,170 1,741 98,146 23,859 122,004 1,741 Net Book Value At 315t March 2025 802,191 49,831 852,022 At 31st March 2024 816,201 59,680 875,880 5. Cash at bank and In hand Unrestrl¢ted Restrlcted 2025 Total 2024 Total Cash at bankand in hand General current account Skipton building s(xiety account New Hall account Investments 26,201 26,201 16,666 19,994 50,000 69,994 169.9941 19.994 50,000 96,195 70,512 26,?01 69,9fj4 loo 96,295 87.178 Internal -allOCation of funds Petty cash loo 96,295 loo 87,278 6. Creditors: amounts falllng due wlthin one year Unrestricted Restricted 2025 Total 2024 Total Creditors and accruals 650 650 600 li
HONEYBOURNE VILLAGE HALL Charity Number 1181450 Notes to the Accounts (continued) For the year ended 31" March 2025 7. Trustees remuneration. benefits and expenses No trustees received any remuneration or other benefits or expenses for the year ended 31st March 2025 or the year ended 31 March 2024. Related party transactions There were no related party transactions in the year. 9. Control The charity is under the control of its trustees. 12