Draft Flnanclal Stal•m•nts at 09 May 2025 •t 09:53:12 GREAT MASSINGHAM VILLAGE HALL AND INSTITUTE CHARITABLE INCORPORATED ORGANISATION TRUSTEES REPORT (INCLUDING DIRECTORS. REPORn FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their annud retth and financia Staterne for the yaar ended 31 Klarch 2025. The fiwcial statements have been Fryarwl in accordanc vAth the ao)wntirg pTeS set out in note 1 to Ihe financial statsments and compty wrth ts charivs wing docJJmanL tho Cr%npani&s Acl 21)(k8 "Ao))untirvJ and Reporting by Charilie5: slatsAt of R8MMended PTacticE applicable to charthes prèparing tholf in accordance with tha Fin8ncial Reporling StaThlard akable in Ihe UK aTrJ ReWbI of lrnland IFRS 1021 leffecbve 1 January 2019).. Oble¢tlve$ and actlvltles The objeceS of the Charity rgmaln to wovide aThJ maintaln lIage Ham and Bar. a L¥)Ing green. tennSs courts and the Jubllee Field for the of th8 people of the parish ot Great Massingham and those vtho vist our lge. Tha Trustegs have paid due regard to th8 guidancè issuad by the Chanty Commis5N)n in matters ol governance and seek advice from Communty Action Norfolk. Thè Irusteg5 have paid du8 rega to guida• i5swJ by the Charfty Comnussion kn decling what 8cttvllie8 th charity should undertake. Achlevèmgnts and p•rfoTh The Village Hall is th• community hub of the aNI wowdes a venue meeting FAac for the Mllage neighbouring villaggs. Twenty4hree diffenI dubs and socbes os wo11 as tr or9181[a frjnctions rely on th& Vilkge H811 a$ a focal point and the TTUSt88s estirnate L5P to six hundred people from Massingham and Ihe sumunding villages use the f8¢11ity each n¥Jnth. As such. the Truslees see their prInpaI spor1bl11tres 8Te to Improvè, maintBin and prornote tme Hall as the key meeting place for the Vilge by doing . we wll malntain the income fr¢)m the use of the Hall. Wnilsl the Hall is a thaiity it piin(ypally a vehide for many other chanties to raise ndS and over th8 years, many ten5 of Ihwsands of pounds have rais for gj causes. Thè Tnjstaes art a0 overseeing the Communty Interest Company ICIC) and appjnt 8nd monitLY th8 Direct(ws that administer the Social Club. The Soclal Club gen8r8t8s funds that go towarts maintaining Ihe Hail and Soo81 Club as a whole. The TTUSte8s key objective5 ts 2023r24 have been as follows:. To get the Hall back on a fimi firtancial fti)tirvJ fdknwing the financial falkCrt of the Covid-19 Pandem by revisiting our established fixed 8xpenditures and reneg)tsting prios orsoaknThJ wt supplT3 and partners. To improvè wr ovarall fin8ndg1 KAanning so that provlsion is madg for nNye exceptth81 expendittJT8. To enhance our Maintenance PlanniThJ ttTr ensure tho Hall is kept in gwj repair l)iL8t avoidirig peaks aThJ troughs of sp8TrJirYJ. To ensure that tyjr ¢Thts are keFi as as Fth%bie Wh purrJiasThvJ essential and seryk88 for thè Hall and So¢ial Club. The Trustaes have baen In meetirvJ all L4xthves against a tround of sv3nilani increases in costs a(xoss tho The Trustees will $80k to ha r$inated a wèbslte which wll be Ope3 Arythln the next few months to infomi peopb aboutthe facilTiios off8red by th8 Hall. 8SP8cialty forweddlngs and Ilfetime CAl8brations. Equalty. the webslts will Improve 8preading the word of Wh8fs on at the Mall.. Working wÉih the Parish Cwndl we have been able to design8te wr ovethw car park as th9 Vlllagè Car Park provide an attemalive to those visibro paTng the greens. At thi3 tirne, we had hoped to bo announcing that the H811 has fr Elethcvehide Chargers up and runniro to prowde a serylce for the Villago and an income ft)rthe Hall using the 'Pluln Norfolk. Stheme. Hthyever. whilst tha wring #nd chargers are in place the ch8fgws thosen by Ihe Sch8m8 have prove(l unabl6 to conr& to the c* office, mwiiro payTh8nts cannot be colknted. Hopefvlly, the 'Plug-In' Stherrt 11 repla the tharger5 in the nexi few weeks and we can fin81ty get EV charging at the Hall undarway.
Drnft Flnanclal Ststsfftènts at 09 2025 09:53:12 GREAT MASSINGHAM VILLAGE HALL AND INSTITUTE CHARITABLE INCORPORATED ORGANISATION TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR ThIE YEAR ENDED 31 MARCH 2025 We are happy to have been able to help facilitate the reiShMent of ts tennis courts wilh the Tennls Club. This add8 further to light installalitin 2021. The Hall has y0vad a base forthe Surgery to pThvJ8 heath the(s to over fifiles In th8 villagè. We are delightod that regular bingo has come bad( to the Hall to b8 enjoyed by many and thanks go io Diane Curson and Mel Whffire for bging instrumental in maknrg this happen. The maln priorilies forthe nèxtllthe morths are:. To celebrate the Hairs Centenary Yw. Explore Ihe feasiknlity of movbThJ the Prtrschool Tha ju1e FbJ. We wll seek to maximlse the revenuB the H811 de1fr48ts ty it for events. tieS and lifo ¢brnUon5. Trustees wdl ffir vrdys to supt•Nt th¢ CIC to imFTh the enVIrM#nI in the Social Club. There are initial plans to se8 rfa K4ultpUse Gam8sArea be secajred and maintain8d C the Jutsleo Fiekl. The Trustees would like to provide wthMytsbb4enni8 tatles. To gnsura the Ete¢tricVehth Carchargors are uparKI-ruMiNJ as soon as Fthsibbe. The Tnte8 8re slim keen to (mle Fknase of Ihè Hall Rthrtyi6hNt to lidy4w the North wau and whol the C¢)mmunity Carf$ admlniststion. Finally, to change our Accounting Sofwe to streamknne fina91 management. reduce our (£ts and tng us in line vritl) our accountants. 8ySteriis. Flnan¢lal revl•w The finances of thè Hall remain on an evan keel with improvement seen since tt)e bcdowns ended and p8op18 hav8 8rted. once again. to or9aniso ev8nis in tha H3ll. Takngs the Hall are up 11.5 Fer cerrt OV81 Ihe preMou8 year. Tha Trustegs aro planning to see the Hall used for nue'Life ovenls. in th¢ comirvd Yr. The tTuslees have assessed the major risks to whv th6 rtwity ts exp¢£od. and arè satlsfied that systems are in place to mthgate exF)SLWg to the major nsks. structurn. govemance and managemrt The tnlStees. who ara also the direclots for the purtKtse of o)mpany I. and Wrt sepmd durb3 the year and up lo thè date of signalure of the Statem were: Mrs T Andrew Mrs P Lamtrt Mrs K Fraz•r MrJRRyan Mr N C8rflon Mrs 8W Nadel Mr D hhorrell Mrs H Morrell MrABrws Mro Lothe Mrs C M Parker Mr P James TS T P•rrom MTS D Murphy Mrs C HurLY)mb IAppowtsd 3 Septemb8r 2024) (Winted 3 Septembef 2024) (Aprx)inted 3 September 2024) (AprKJintsd 3 September 20241 (ApFOirted 1 January 2025) (N>winted 1 J8nuary 2025) (ApAnted 1 jary 2025)
Draft Flnanclol StatsmeDts at 09 May %)25 •t 09:53:12 GREAT MASSINGHAM VILLAGE HALLAND INSTITUTE CHARITABLE INCORPORATED ORGANISATION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR ThIE YEAR ENDED 31 MARCH 2025 Tolal UnreBtrict8d Restrirtsd fiJThts 2024 Totsl fundb 2025 2025 24 2024 2025 Nots¥ m¢ Donations 8nd Iw Chariiabb aCtivts 5.667 14,353 18.093 18.093 14.353 18,093 20.020 20,020 Total Incom• 18.093 nditu Charitabla athities 16,123 11.357 11.357 16.123 N•t Incomo forth• ar1 Net movament ID ful8 3.897 3.897 FurKI balancés al 1 April 2024 112.539 99.872 8.770 108.642 103,769 &770 Fund balan¢o8 at 31 IAaYch 2025 119275 103,769 8,770 112,539 110.9)5 The statsment of fina181 aCVi8S also cThnplles ¥*ilh the requirements for an inojme and expendth acrxjunt under Ihe Comp8nles Ad 2(.
Draft Financial Ststemts at 09 Ilay 2025 * 09:S3:12 GREAT MASSINGHAM VILLAGE HALL AND INSTITUTE CHARITABLE INCORPORATED ORGANISATION BALANCE SHEET ASAT31 MARCH 2025 2024 Flxed assets Tangible assets 10 79.845 Currnnt •ssts D8bloTE Investments Cash at bank and in haTr 11 12 120 5.133 35.524 1,474 6,525 26.145 34.144 Crqditorn: amoUts lalling du• withln ono yo•r 13 (1,450) 11.4501 39.327 32,694 Net ¢urr•nt assets Total wots Iw current Ilablllu 119.275 112,S39 Tho funds ofth• charlty Restricted incKJme funds Unrestricted fvnds 8.770 103,769 14 15 8.TTO 110.505 119.275 112.539 The cx)mpany ts entthd to the exmpb"on frcth tho aLKlil wequ1Mtt in 477 oftho CtynparMe$ Act 20C6. forthe Y ended 31 Mar¢h 2025. The d1C1c5 acknowledge th8lr rèsponsibÉlitkès fDf CoMpn9 with requtrwnwts of the Ccmpanles 2006 th respoct to accounting r8rdS and the preparatpjn cfinanoal statements. The MberS have not required the (x)mpany to obtsin an audit of its fin8n¢ial stat¢ments fow the year in question in a¢xordance vjfth Section 476. Thesg finandal st8lements have tse preporwl in M¥dan with ts provlsions applb to r¥)mp8nios subjo to the small companies lIn0. MTS H M(wrnll Mr D Morro11 Trusts• Company regi8tsfjon number 1182c#J9 (England Wales)
Draft Flnanclal Statem•nts •109 IW 2025 •t 09:53:12 GREAT MASSINGHAM VILLAGE HALL AND INSTITUTE CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 In¢omo from chwltabl8 a¢tlvlllo5 fund 2025 2024 Facility Income Dar and Fund rai8ing 18,093 9.455 4,898 18.093 14,353 funds funds 2024 Dlrnct costs Depreaation 8NI lmpairfft Insuran¢8 Book.kwing and nlleY Sundry eXFenses Repairs and maintenaTKe- Fire 8ThJ intr Repairs 8nd mainténartt- Grounds maintonan Cleanin9 Waste re1 1.325 1,356 2,992 4085 1,169 2,895 750 4,665 1,325 253 799 1,121 11,357 16,123 Ana18 by fund Unrestricted IUNIS 11,357 16,123 2024 The rt mo¥eWnt fijnds 18 slaknj after drgi(edIt1NJ). 1.169 Depreciabon of owned tsngible red assets 1.325 None of the truslges (C Y pemn$ corTh¢led it thorn) r8celved any remw•rati)n or bènefits the charity during the year.
Dr•ft Fbnanclal Statsm•nts at 09 Ilay 2025 •t 09:53:12 GREAT MASSINGHAM VILLAGE HALLAND INSTITUTE CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Employee• The avèrage rtK)nthly number of employees duriThJ fv year was". 2025 Numbgr 2024 Numb•r Total Thare w8re no empk)yees wtrw)se arUal reneralI0n w85 fTvye than £60,(th. R8mun•ration of k•y manag•m•nt p•rwinel Taxallon The charlty is 8x8mptfrrKn taxatsn ils actvilS beouse all its inc<M * appl fif tharilabi8 P[&S. 10 Tanglbh fixèd awts d bulidln ffttlnys At 1 April 2024 Add"OnS 78.202 82,250 1,429 1,429 76.202 7,477 83,679 At 31 March 2025 D•prn¢latlon and Impalrm•nt At 1 Wil 2024 Depreciati charged in tha year 2,406 1,325 3,731 3,731 At 31 March 2025 Carying amount At 31 Marth 2025 76.202 3.746 79,948 76,202 79,845 At 31 March 2024 11 Debtm 2025 Afflounts falling wlthin one YW. 120 1,474 Prepaymert8 aTrJ a(%wed irKoff -10-
Draft Flnanchl Stst•ments * 09 May 2025 at 09:53:12 GREAT MASSINGHAM VILLAGE HALL AND INSTrruTE CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR TrIE YEAR ENDED 31 MARCH 2025 12 Cuff•nl ass•t lThvostments 2025 2024 6,525 Loans 5.133 13 Cradltors: amounts falllng kn within y•ar 2025 2024 Aoxuals and deferr1 incgme 1,450 1,450 14 R•strictsd funds Th• reslri¢Xed fvnds of the ch•rlty iJ)mpw thè UrwEer balan of don*1 and grants hdd on trust subject to sp8& Cy)nd0$ ty dorw a8 to h(w they may be used. Al 1 Aprll At 31 Mah 2024 2028 8.770 8.770 At 1 Aprfl At 31 March 2023 2024 8,770 15 Unr•strictsd fvnds Tlle unrestricled fvnds of Ihe charity comprise the unÈxperMled bstanc of donations And grants which are not subjgctto specific coTrJrflons by or$ and grdntors as to how they may be used. These include designated fvnds whith have been set 8 out of unfestrthd fuTrJs by the trustee5 for SfiC pUre$. At 1 Aprll Incomlng Rgsourc•s At 31 IAarch 2024 rO•r 2025 111.357) 110.50S Genwal kn)ds 103.769 18.093 Prnvlous yw: At 1 Aprll Incomlng R•sourn At 31 Mar¢h 2024 Gene1 fijnds 99.872 20.020 {16.123) 103.769 11
Draft Flnanclal Ststem•nts at 09 May 2025 at lJ9:53:12 GREAT MASSINGHAM VILLAGE HALL AND INSTITUTE CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 16 Anatysls of n•t assets funds Totsl 2025 2025 At 31 March 2025: T8nglble assets Current assetslllK8bilitiesl 79.948 30,557 8.770 39,327 110,505 8.770 119,275 Totsl funds 2024 funds 2024 At 31 March 2024: Tangible assets Current assetsl{liabilili8s1 79.845 23.924 8,770 2.694 103,769 8,770 112,539 12-
Draft Flnanclal Stotsm¢nts at 09 W 2W25 at 09:53:12 Mapu>Srnith & Lem rtvedkcotsntsits Clwlty Roglthtlon No. 1182009 GREAT MASSINGHAM VILLAGE HALL AND INSTrruTE CHARITABLE INCORPORATED ORGANISATION ANNUAL REPORT AND UNAUDrrED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
Draft FlTr8n¢W Statsm•Thts a 09 May 2025 at 0g..53:12 GREAT MASSINGHAM VILLAGE HALL AND INSTITUTE CHARITABLE INCORPORATED ORGANISATION LEGAL AND ADMINISTRATIVE INFORMATION Trust$ Mrs T Andtew Mr3 D L8mb8rt K Frazer rJRRyan Mr N Cartion Mrs B W Nadei Mr D Morrp Mr5 H Morrdl Mf A Brown Mr O Locke Mrs C M Parker Mr P James MT5 T Perrem MTE D Murpty Mrs C Hurcomb IApFOiftted 3 September 2024) {ApFointed 3 September 20241 IApwinl8d 3 Septomber 20241 (Appointgd 3 Septembgr 2024) IAppointed 1 January 2025) {Ap)inted 1 January 2025} {P4)pointad 1 January 2025) Charlty nuMr 1182009 CoThpany nurnb•r 1182009 Great Mawngham Vil Hall Station Road Great MassirrfJh8m Kro's Lynn Norfolk PE32 2HU A¢¢ountsnts Mapus-smilh & L14 LLP 48 lfjng Street lfjng's Lynn Norfolk EnglarMI PE30 1HE
Draft Flnaneral Statements at 09 May 2025 •t 09..53..12 GREAT MASSINGHAM VILIAGE HALL AND INSTITUTE CHARITABLE INCORPORATED ORGANISATION CONTENTS Tvuslees reF**t Balanc• sheat Notès to tho fiTrand ststerr 7-12
Draft Finan¢i•l Statsmonts at 09 May 2025 at 0g:S3:12 GREAT MASSINGHAM VILLAGE HALLAND INSTITUTE CHARITABLE INCORPORATED ORGANISATION TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The trustees wesenl their annual repNt and flnancial statements for the year ended 31 March 2025. The financial statements have been rxepargj in a¢an ilh the act¢4mtiThJ rdicres set out in note 1 to th& financyal statements and o)mply the chariivs gjverrung do(yJmgnC tho CoMpanS Act 2J6 ar 'Aunting and R8POrting by Chanbes.. Stat8mènt of Recomdl Practice applicabte to charilies preparing their accounts in accordance with tho Finanaal RaF¥wlirwJ Standard appbcat4• in the UK and RewblK of Irdand IFRS 102) leffectiV9 1 January 2019)". ObJe¢tlves and aclMtle$ Thè objectives of thg Charity rrrwi to provid¢ aThJ makntsln Hall B8r, a b0ing gr8en, tennis courts and the Jubllee Figld for the of the people of the parBh of Great Massingham arwj Ihose vésit our village. The Trustees have paid dJo ragarrl to the guidan iSSLJ by the Charity Commission in mattats of govemance and seak advke from Communty Actk)n Norfo. Thè trustees have patd due to guJanr4 1ssu•J ty thè Charity C(Mnmlsthn In ddIng what 8dvlties th8 charity Should uTrJertake. The Village H311 is the wmmunty hub of the Vilbage ar•J Kwovidey a venue and ma•ting place for Ihe V711age and ngighbouring villages. Twenty-three dffterent dubs arKJ sOtieS as wol as t)$8 organi8ing prN8te fiJnclKJns rely on the Mllage H811 & foc21 point and the Trustees estimate up to six hUrred people from Masslngham and the sunDundFng village5 Usg tho facility each rrK•nth. As suth, the Tru5tee5 see their principal nsIbIle5 are to improve, m8intsin and promote the Hall as the key meeling pl for the village and by doing so. w8 wll rnaintain the inc4)me from the use of the Hdl. Whilst the Ho115$ 8 th8nty rt 18 prinixp81ty a vehide for many other chaiiti'es to ra¢se fijnds and over tho ygars. many tens of thousands of pN)unds have been rak8ed frx grKKI causes. The Tr4Jsle6s are also overs88lng the Communty Interest Company (CICI arvj appGMnl and rrKJnTtcf the Diweclors that lmInSr the &Kial Club. The Social CILFb generatss fvnds that go towar(Is maintaining the Hall ar¥J SLKi81 Club 8$ a whcle. The Trustees key (Wbves for2023f24 have been as ftAIcNts". - To gel the Hall bad( on a ftm fin8rri81 fooling the fina181 falk(xrt of the Covi&19 p8nd8mitt by wsthng our astsblishad fad axpandtiurgs and fgn8gofiatirvJ pric6s or s88kiTrJ out rMv SUpplr5 and parts)èrs. To improv8 0ra17 fln0rri81 pFannlNJ so thal provi5Kffj i8 made for exceptional 8ndibre. To enhance our M8intenar Planrww to ensure the H811 is kept in repair Tr•thi18t 8voidÉng pooks and troughs of Spending. To ensure that rm costs as low as p)ssbk then wrtha5iNJ 88senlial gcths and 8eMLxs for th8 Hall and Srtkql Club. Tha Trustees have been suwsfjjl in m88ting all these owves agaiist a baCgrrnd of signifant increases in o)sts arxoss the trrt)8. The Trustees wll seek to have reinitsated a websitè Ithich be cperaling wilhln th8 next months to infomi people about the faciltb8s offered by the Hall. esp8Ci811y for weddI¥S and ITfetimg c818br8tions. Equalty, the website will improv8 spreading the of'lMW¥ rffl at the Hall.. Wod(ing with the Parish Cwncil we have ab to designate our overfiow car park as the Village Car Park to provide an altemative to ttvjse vlsits.ng parkirs on the greens. Al th18 time. we had hop lo bg announang that tho Hall has four Electr Vehide CharrJers up and runnirwj to prOe a servu for the Vlll&J8 aThJ an Ino)me f¢y the Hall using the 'Plug4n Norfolk. Stheme. HrAvever. vthllst the wring arky char$ are in place the chargers chosen ty the Schemè havè proved unable to win9rt to the 'bac* office. rwniry payments cannot be collected. Hopefijlly. tho 'Plwln' schen will reace the chw nexi few weeks and can fin get EV charging at tre Hall undorway.
Draft Flnan¢ial Statsments at 09 May 2025 •t 09:S3'12 GREAT MASSINGHAM VILLAGE HALL AND INSTITUTE CHARITABLE INCORPORATED ORGANISATION TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 We Are happy to have been 8ble to help tsalitale the refvrt)ishmeth of the tennis rtS with the Tènnls Club. This adds further to flood light inslallation in 2021. The H1 has provthj a base for the Suryory to PmK19 hgallh ole¢s to ovor frfbes ir¢ the willage. We ar8 delighted that regular t4rw has come back to the Hall to enioy¢d by many and thanks go lo Dian8 Curson and Mel WhitrTrJre for beiry instnjwrtal in making this hapwi. The maln prforilies for th6 next trelve months are:. To celebrate the Hdl's Centenary Year. Explore the fèa8ibility of momro the PrS onto The Fleld. We wlll sook to maximw the reven the Hall delNers by prorrKlir¥J it for events. F4rti8s and Irfa cdebrations. The Trustees Wll fir¥J vrdys to Suppr the CIC to imrKove tha environment In th& Soclal Club. Th8ro are initial an$ to 800 rf8 MUltu$ GanAra bo S8red and mointstr1 thg Jubilea Field. Tho fnjstges wo Ilke to pde )XtnnIS tatle& To 8nsure the Eleclric Vehida Car Chary are upan&NnnwwJ as $4)on as possth. The Trustees are still kaon to raJMpte fv two of the Hall Refuthhment to IKIy-up the North wall and rehouse the Communty Carfs lrnintstralion. Finglty, to tharb3e OLEr Accounln9 solre to streanL4 finarla1 rnanagnL fyduce our t¥Jsts and brfng us li ling wlih aGcountants' systenk8. Fln•nclal ravl The financ8s of the Hall remain on an even keel wilh improvement seen sincè the kthowns ended and pèoplg havo stsrted, onco again. tri organise events in the Hall. TakS for thè Hall are up 11.5 par nt over tha pwious year. The Trustees ar• planning to SO8 th8 Hall us&a for n'LIfe events. tn the ¢offwrvJ year. The Irustees havg 888essed th8 rrr ii5ks to the thaiity is ewJ5ed. ar8 satssfied Ihal systgms are in lace to mit¥Jate 8XFK6ure to the maiw rt5ks. StruetUT•p gov•m4nc• al managom•nt Th8 trustees. who are èlso the directOT3 for the wrrrne of cornpany LTh. and who s• durirmj the year and up to the da19 of signature of thg financkgl slatem8nts re. Mrs T Andf8W Mrs D Lambert Mrs K Frazer MrJRRyan Mr N C8rf1on Mrs B W Nadd Mr D Morrell Mrs H Morrell Mr A Brown Mr O Lo¢e Mrs C M Parker Mr P James Mrs T Perrem Mrs D Murphy Mr8 C Hurcomb (AFvokntod 3 Saptsmbor 2tr24) (Aopointed 3 September 2024) IAFrf)ointPAI 3 September 2024) {Appointed 3 Sèptember 2024) (Appointed 1 JanLOry 20251 {Atwinted 1 Janry 20251 {WinbJ 1 January 2025)
Draft FInala1 Ststements al 09 Mty 2025 at 09:53'12 GREAT MASSINGHAM VILLAGE HALLAND INSTITUTE CHARITABLE INCORPORATED ORGANISATION TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Appolntment of new Trust The CIO has a fornial Trustee Recrujiment pdicy and I0C8S$. Trustèès pwborts Can be advertiS8d by the CIO or n¢)minations from management team aNI the $tIng Tnjs1 can b& put forymrd. Those nominated and appJinted are •lsw at the firstAGM app0thL The truslees reF*it was approvthy by the Bo•rl of TnJ8tees. Mr D MoFrell Trust0• Mrs H Morrell
Draft Financial Statements at 09 IAay 2025 at 09:53:12 GREAT MASSINGHAM VILLAGE HALL AND INSTITUTE CHARITABLE INCORPORATED ORGANISATION CHARTERED ACCOUNTANTS. REPORT TO THE TRUSTEES ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF GREAT MASSINGHAM VILLAGE HALLAND INSTITUTE FOR THE YEAR ENDED 31 MARCH 2025 In order lo asslst you lo fuFfiI your dulles under Companies Act 2(, we have prep8red for your approval the finanaal statements of Great MasslrwJham Village Hall and InstTtiJte for thè year endfyd 31 March 2025, which comprise the statèment of finano81 actsvibgs and the related notes from the tharis accwntb)g recorrts and from Information and gxplanations Y have gwen us. As a practi&ng mgmber firm of the Institute of Chartered Aecwntsnts in Engtand and Walès. wo 8ro 8ubj•e¢ to its ethlcal and other wofe8sional 1rnts whith a detailed al h#p$JA.1caew.comlregu1atIOn. This rtsprt is mad6 to Ihe chanvs 1nJSt8. as a in a¢L*rdance V+ith the ter of our engag8m8nt16ttér dated 15 June 2023. Our work has b88n Ltndortakèn to prepgre lor your approval th8 fjnanci81 statsm¢nts of Great Mas&ngham Village H811 and Institute and State those matters that we have agrped to stats lo thg charity's trustees, as a body, in this [KIrt In aco)rdan¢% with ICAEW Techn1 Reb8asg 07116 AAF. To the ftjllesl extont p8miitted by law. we do not accept or a&8um¢ respjnwbility to anyone olher than Great MassrKJham VINage H8118nd Institute and the charfty's tnJ5tees as a Wy, for our %w)rk or for this rerth. tt is your duty to ensu that Great Massingh8rn vllagè Hall and Institute has k8Pt thuats accounting recx)rds and to prepare st#tsJtory financi81 sta¢etNents that gNe a aThJ fa wew of the assets, liabil& finanaal rx)sition and sufplu$ of Great Massingham Village Hall and Instiiuts. You ctMs•J8r th8t Great M8SStngham Ifillage Hall and InstitLrte is exempt from the slaiutory aLNJit requirement the year. and is not required to obtain an Indgpgndenl gxaminerfs rgport. We have not Instruc to cary oul an audit or a review of ts al1 statèments of Great masngham Village Hall and Inslltute. For this reason. we have not verFfied the accaJra¢y or (%Knp19teness of the acUntIng cords or infofmation and eWan8tions you have grven to us and we ¢ noL therefore. express any opinion on the 8tatytory ton8nci ststemen M•pus4mith & L•mmr•n LLP Chartored Aco)untants 48 King Street lfjng's Lynn Norfolk PE30 1HE England Date..
Draft Financial Statements at 09 Ilay 2025 It 09..53"12 GREAT MASSINGHAM VILLAGE HALL AND INSTITUTE CHARITABLE INCORPORATED ORGANISATION STATEMENT OF FINANCIALACTMTIES INCLUDING INCOMEAND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31 AIARCH 2025 Total unrèstrict Restricted lurKI8 funds 2tr24 21Y24 Totsl 2025 2025 2025 3)24 Inco Donations and le9wAes Ch8ritable altieS 5.667 14,353 18.093 5,667 14,353 18.093 T¢)tal In¢ome 18.L593 18.Cp33 20.020 20,020 ndlture on: Charitable activfoes 11.357 11,357 16.123 16.123 Net Incomo for th• yearf N•t movèment In lunds 6,736 6.736 3.897 3,897 Fund balanc88 at 1 Awil 2024 103.769 8.TTO 111539 99,872 108,642 Fund bahn¥ at 31 Mar¢h 2025 110,SJ5 8.770 119.275 103.769 8.770 112.539 The sl8tement of fina101 actmties also cxynpbes wilh the requirerrents for an inix)me 8r*J expendlture xcount undèrthe Companlas Ad 2[.
Draft Financial 8tateFnents ai 09 IAry 2025 at 09..53."12 GREAT MASSINGHAM VILLAGE HALL AND INSTrruTE CHARITABLE INCORPORATED ORGANISATION BALANCE SHEET ASAT31 MARCH 2025 2025 2024 Flxod assets TarvJibJe a$8ets 10 79.948 Current assts Debtors Investments Cash at bank and In haNJ 11 12 120 5.133 35,524 1.474 6.525 26.145 Cmditors: amoun1¥ fallthg du• withln one year 34.144 13 11,450) (1.450) Net curr•nt aM•ts 39.327 32,694 Total 8880ts less current IWJlltti• 119.275 112,539 The funds oftho charlty Restrict8d in(xJme furYl8 Unre8tricted hjnds 14 15 8,TTO 110.505 8.770 103,769 119.275 112,539 The company is entitted to the exemption frcffl the TeqL¥remgnt ujntained in 8th 4TT oftho Companies Act 2006, for the y8ar ended 31 Marth 2025. The directh aCkN)wIge their Tesponstbililies for compfying wilh the rUIrts of the Companles Ad 2006 th respect to 8C(x)unting records and the preparath)n of finanaal slatements. The memtern have not required the (yjrnpany lo obtain an of its slatements the year kn question in accordance wfth sectk)n 476. Th&£e finandal st8tamonts been prepare(l in ac>x)rrJan¢e 7Mlh the pyovwss aFPlble to c¥)mpani93 Subject to th8 Srn811 compan$ reglma. Mf D Morr911 Trust•• Mrs H M[1 Company registrdbon number 1182C)9 lErtd a1 V¥8le81
Draft Flnancial Statemènts at 09 May 2025 at 09:53:12 GREAT MASSINGHAM VILLAGE HALL AND INSTITUTE CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting P1•¥ Charlty Inlormation Great Masslngham Village Hau And Institirte 15 a tharity r89¢Stèrad the Charity Commi5Ston trj England. operational a(&Jr8ss is The Vdlage Hall, Station Road. GrEat Massirgham. Wolk. PE32 2HU. 1.1 Accountlng COnntIOn The finandal ststements have bw in accordarKe WFth the chaws govemFng 0Ment. Ihe Comp8nies Act 2006, FRS 102 Trnar1 ReForting Stsndard applicable in the UK and Republic of Iroland" and the charit SORP 'Accounting and Reporting by chalieS.. Stslemènt of Recommended Praclicè applicable to chariti"08 preparing their ajnts in accordance wrth the Financial Rerx)rting Standar(I applicxble in th8 UK an(J R8plsbl of IrsFand IFRS 102).. The C[[ty is a Publk efit Entity as d8finad by FRS 102. The charity has tsken advantw of tho in th8 SORP for rK)t ta prepara a st8tsment of C8sh flows. The finanL¥al ststefflgnts are rKepar&J in 5terfing, Vtiich is thg ojrrenw of tho tharity. Monotsry anKnts in It• finanaal stsloments are rounded to thè near8st £ 1.2 Golng concarn At the time of approving the finaVal statèments. the trustees have a feasable expÈrtalion thal the chartty has adequate r980urces lo continLFè In r•erntional existènLX for the forwJeeabl& fvture. Thus the tnJsle88 continue to adopt the going concern basis of acwunbro in Preparing the financial stslem8nts. 1.3 Charhable funds Unr85trithd fvnd$ aR awlablg for use at th8 diKrntiLffi of the trustO95 in furknL of their charitable rtijective Rèstricted fund$ are subjecl to SFeific condthons by grantors 8$ to how they may be u$gd. The purposes and ofthe restricted hjnds are sat the notes to the finaThial stat. Endowment funds are sUbit to 11)rE by t)r that the catthl mLL8t be maintaine(I by the charity. 1A lftcome Income is ren1 when the Charfty is *ally entilled lo rt afterany condibons have been meL the amounts b8 nwsured feliabty. and is rxobat48 be r8cwed. of the donation. unless rformanCe condtborts r8quire deferral of the amounL Ints)me tax recovorable in relation to donations received under GrfiAid or deeds of coversant is recogrtisÈd at lh¢ tim8 of Iha donat. Legacies are recognlsed ¢J) rlpt or otherwlse rf th• has been notffi8d of an impeTrding dlstrlbutlon. e amunt is known, and recèipl i8 exFected. If the 8rnount is not known, Ihe legacy is treated as a
Draft Flnancial Statsments * 09 May 2025 at 09".$3..12 GREAT MASSINGHAM VILLAGE HALLAND INSTITUTE CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounttng polici•s (Continu•dl Exponditure ts recogni$ there is a JCVe ¢SJlhJatsM to transfer econonmc to o thlfd party, it L8 probable thal a tsansfer of bOfft5 be reqrj In settlemert aEKI the aftnI of the obltgation can meayJr8d lIablY. Exw)diture L8 dassifigj by actsvty. Tr oists of e8d) thity are mad& up of the totsl of dtrect costs and shargd ¢))sts, including support costs involved in un¢Jert8knng each acbwty. Direct costs attn"butable to a sing10 activty are alk)c8ted direcY to that actsvtty. Shared costs which o)ntribute to more tran one actiwty and support costs which are not attributable to 8 singl8 actsvity are apportioned tdween those activ8$ on a basis consFstent with the use of reSIrCeS. Central staff costs 8re allxated on the basls of tlme spent, and depreciats.on chgryJes are althated on the ItI)n of thè assevs use. 1.5 Tnglbl• fix•d ass•l2 TangtEAe fixed a$9ets are iniually measured at c¥)st arml 5Wuenty moa5ured at Gost or valuatlon. n8t of depredaticffl and any trryiment kJsse& D8pw8lion is r8eo9nrsed so as to t•rtitè off the o)sl ofas6ets * thw dUal values over their usefijl livo8 on the fo11n9 bse&' Freehold land arKI tyJibJirys Fixtures and fitirys Nil depre(iabon 15% RU(ar balanc8 basi10 yaar $trawh¢ lin The gain or 1055 ariTrg on Iho dk8p1 of an asset is dotsrmineil as the differen between the sale proceeds and the Garrying value of the asseL and i8 rwJniwJ the slatement of financèl activit. In th8 a1(8(¥¢ of Ihe (ariVs aCCnting Fdiu8s. the tnL8tOgs are r8quir8d to makajudggmants, estimates and assumptsons about the carryirKJ amount of •s58ts and lbIlitieS that not readFly apparent from other urces. The estimatss and assoc4ated assumptions are based on historical experfence atyj Otr fadors that The estj'males and undertyirMJ assumptions are reviewed ¢)n an Mgoing b&8is. Revisions to arUntIng estim8les are rewnised In the tarxI Sn tho estimate is rews&J knre the rèMsk)n aff8¢ts Mly that period. or in the perK*J ol the revi5K)n ar fubJFB periLxJs where thg rgvish)n affects both current and future Income from donallons and l•gaGI•s fvnds 2025 funds 2024 Don¥tKJns and glfts Grants 3.fj67 5,667
Draft Finan¢lal Statwn•nts at 09 2025 * 09:53.12 GREAT MASSINGHAM VILLAGE HALL AND INSTrruTE CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 fund• 2025 fund• 2024 Faaltty lThx¥ Dance and FuThd raisir4J 18.093 9.455 4.898 18.093 14.353 ExPd[lUr on charftabl• •ctivhi fvnds 2015 fund8 2024 Dlr•ct costs Depreciation and impairment Insurance Book4eeping nd accounts SLtndry expense8 Repairs and rnaifttsnarth- Fire and intruder Repairs and maintenance- Grounds ma4ntenance Cleaning Wosle and rewling 1,325 1.356 2.992 4,885 1,169 2,895 750 1,325 253 1,121 11.357 16.123 Analysfs by fund Unrestricted funds 11.357 16,123 Not movement In fund 2025 2024 The net movem8nt in fijnds Is slabj after carY(0>yrfoThj): Dapreciation of re assets 1.169 e of the Injstegs {or any connthj Vilh them) r1Ved any Tennar•110 or b&nefits the charfty during the year.
Draft Financlal Statement• at 09 2025 •t 09".$3..12 GREAT MASSINGHAM VILLAGE HALL AND INSTITUTE CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS (COPrnNUED) FOR THE YEAR ENDED 31 MARCH 2025 Employ••s Thè average nvrtily of errWoy8es duriThJ the yearvras: 2025 NumbBr Numb Tot Thgre w9re no empknyw annual reMUrtiOn was rfft tN8n £60,0W. Remuneratlon of k•y manag•rW p•r8onn Thg remuner8tJn of key Manageftt pene1 Wd8 as folfvm: Taxallon The tharity is exempt from taxat on IL8 actr4ibgs all ils Incon is appligj (aiitable Purposes. 10 Tangible fixed ass and Iwjlldlrrf fftllng¥ Cost At 1 2024 AdditnS 76.202 6.048 1,429 82,250 1,429 At 31 M*ch 2025 76.202 7.4n 83,679 D•pr¢¢iatlon and Impalrnwnl At 1 April 2024 Depr8¢kgts C8red in tha yw 2,406 1.325 2.406 1.325 At 31 Marth 2025 3,731 3,731 Carrylng amount At 31 Marth 2025 76.202 3.746 79.948 At 31 Marth 2024 76,202 3,643 79.845 11 btorn 2025 Amounts fdling within on• yw. 2024 120 1.474 10-
Draft FlnaneFal 8tst•ments at 09 May 2025 at 09..53..12 GREAT MASSINGHAM VILLAGE HALL AND INSTITUTE CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Currnnt assot Inveskne 1025 2024 Loans 5,133 6.525 13 Cr•dltors: wnounts falllng one 2025 2024 Acuuals and erred incrfn& 1.450 1,450 14 R6#trict•d fundts Tha rethct8d funds of thg dHrlty oNryNrsè Iho UlvEnl anCeS c¢ and gT8nts hel¢J on trust subject to t>xwJRions by dorS as to they may be uwj. At 1 Aprll At 31 March 1024 2025 8.770 8,770 Al 1 Aprll At 31 March 2023 2024 8.770 8,770 15 Unr•8trlct8d funds The unrè3trTCted ftjnds of tha charity comprise the unexpen(led b8lancgs of donauons 8nd grants which are rKt $ubje( to spectfic corHlrflorffd by ¢Jonors arml grant0 as lo how th&y may be usgd. These include designatsd fiJThts whith 4Ve b8en sot aside wt of unrestrided funds by the trtth for 8pe¢ific pu¥pxxes. At1WI IomIng R•wrcu At 31 hlarch 2025 (kn8r81 frJn(Js 103.7 18.093 (11,357) 110,505 Prevlous year: Al 1 Aprfl 2023 In¢omin9 Rosourcos At 31 March Twourcos •xpond•d 2024 General funds 99.872 20,020 116,123} 103,769 11
Draft Finanth418tatements at Og May 2025 • 09".53.'12 GREAT MASSINGHAM VILLAGE HALLAND INSTrruTE CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 10 Anafysls al ngtaM•ts botwe•n fund Total fund$ 2025 2025 At 31 March 202&" Tangible assets Current ats/[118bl11*s} 2025 79.948 30.557 79,948 39.327 8,770 110,&)5 8.770 119.275 Total funds 2024 2024 2024 At 31 March 20X. Tangible assets Current assets/ltiabile$) 79,845 23.924 79,845 8.770 103.769 8,TYO 112,539 12-