Charlty reglstrat•on nunber 1182572 (England and Wale81 SHIPLAKE MEMORIAL HALL ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Caladine Chortered Certified Accountants
SHIPLAKE MEMORIAL HALL LEGALAND ADMINISTRATNE INFORMATION Tru$to•s Mr S Athin50ri Mrs C FAIrOther Mrs P Hud9ell Ms A Manning Mr M Manson Mr R Partridge MrA Macdlarmld Ms C Barfow (Appointed 18 February 2026 Ch•rfty r•glBtrntlon England and 18$ 1182572 Prfn¢lp•l •ddr6•• Mernorfal Avenue Shiplak• Cross Henley-on-Thom•8 RG94DW Ind•p•nd•nt exAmln•r John Caladlne FCCA CTA FCIE Cal8dine Limlied Chantry House 22 Upperton Road Eaotboume Ea8l Su53ex 8N21 1BF
SHIPLAKE MEMORIAL HALL CONTENTS P•g• Truste•8' report stalwnont of Iwstees, Te¥pon8lbllttl&g Ind•pendent examln•rf• r•port Statemènt of flnondol @cllvhbB statement of flnandal p0811knn Nolos to Ihe ffnind818t•t•mants 8-15
SHIPLAKE MEMORIAL HALL TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 Thls 1$ the annu81 report of th$ trustees of Shlpl8ke Memorial Hall, Charitoble Incorporated Organisation ICIOI. No 1182572 for the year ending 311t December 2025. Tha finanoal stslemants have been prepared in accordance wlth the accounting poll¢le$ set out in note 1 to the finanaal statements 8nd compty with the CIO'S govemlnu docum6nt. the Charities Act 2011 and 'Ac¢ounting and Reporting by Ch8rltl8s'. Statement of Recommended Pr8dl¢e Applicable lo ch8titl8s preparing thelf g¢counls In accordance wtth the Financlal RepO.nll Standard appllc8bl• In the UK and Republic of Ireland IFRS 102)" (effective 1 January 20191. object1v and actbvltbe• No changes were m9d• to the charftabl• obJ•ctSv88 of the CIO during the year, Public benelll Shiplake Memorial Hg111$ a vllage hall and playlng field for the of th• Inh8tM'tanls ol the P8rish88 01 Shlplake and Bknfleld Heath and th8 SUTToundlng •ra•. The trustees have pald due regard to guidance 18iutrd by the Charfty Commlsslon In deddlng what actlvltle8 the CIO should undertake. A¢hl•v•ment• and perfom)onee Significant 8Ctivitl8s and 8chiavem8nts ogolnst obJ8Ctlve$ The fNe elected Ifu$lee8 01 the CIO Inamety.. Mr Robtsrt Pathdge, Mr Slmon Atklnson ITrea6vrtrr). Mr Mark Man50n. Mr Al8sl¥lr MgcDlarmid and Mrs Pamela Hudgelll, 8nd the represenlativc¥ for Shipl8ke Parl$h Council IM8 Ann Manning) and Binfield Healh Pgrish Councll, IMr& C8rollne FalrbrotheTI, nInUed to seNe throughout the year. Mrs P&mel8 Hudgell fe31gned her posbtlon as an •l•cl•d trustee as pl 31 December 2025. All the Iru5tee8 are very gratelul to Pam for her 'relesS work anil enthusiasm and hèlp In malntalnlng and •nhandng our populAr eommunlty a88et. 2025 markod tho 10(yh Annlver68ry of the laylng of the foundatlon stone of the Hall and durfng the ye•r there were number ol av•nts held lo mark this centenary. con81ructs.on of the Hall was ftjnded by Ihe M8Tdon Famlly In memory of Ihelr son Rex who was kllled late In World War l. GueB18 at 8 very 6uccessful celebratory aummer plcnic and 108 Indudod members of the MBrdon Famlty. There wa$ much posrtlve feedbock from the communlty and excell•nl publldty for the H811 réAultlno from 911 the celebratory 8venls. The Old 8ill8rd Room. leased 88 A ¢ornm¢r¢lal space to Henl8y-on-Tharne8 b86•d buslne68 Beckhoff Aulomallon, PTovided a wol¢om8 sle8dy regular income Ihroughoul the yoAr. The tenant In th# Hall's reBidenllal fl8t. Mardon Cottage, left In November after 8 year, but the Ilat Was SUSsful relet lo tènants vith only a two-week break. The H911 w8s c105ed durfng August to undertBk• $lgnlficant Improvom•nt project8. Tha flrsl wgs the installation of Insulatlon under th¢ floor of the rnaln hall to try and improve Ihe comfort levels during the coldest months of the yegr, at a cost of over £8,0th). The Tru$lee8 were extremety grateful to Tarrnac-Lafarga for a granl under the Landfill scherne toward the cost of this work. investment in excess of £6,000 w?5 also made, replaryng all the tlme explred panelling around the stage, including redecoratlDn. This has greatly Improved the look of th• stage area. These were hvo of number ol Improvement and m8lntenanc8 aclivi.0s undertaken during Ihe year, costly bul neco6$9ry to keep up the inlegrfty ol the fabric of the Hall which Is- noting ts centenary- an old bullding. Qng of Ihe Hall's booklngs eontractors, Phillipa Collings, lermin8ted her service8 duilng the year and shè was replaced ty Virginia Farman who haB $etU8d In qulckly 8nd 8518blished her8eK vory ¢ffectNety. The other booking contractOT L8vinia Wllgoss continued lo ylve excellent support throughovl the year. They are managing the de range of bookings, intere61 we have from the communllas we serve. The trustees would like lo thank Pip for the Algnthcant contribution she made during her time taking bookings for the Hall.
SHIPLAKE MEMORIAL HALL TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Facilities management ¢ontractor Peter D8brou, and the cleaning team, ¢onUnued to support the H811 very effedNely. The CIO'S Bookkeeper, Sally Young, provided great SeN1 again In 2025, suppoiting the Treasurer with regular portIng and PTovidln9 the main Interface with the statutory accounllng and extefn81 Independent accounts Examiner Caladlne. who ensure thot the k+o11 complli,s with the latest Chanty Commls31on and regul410ry accounting requliements and standards. Fln4nclal rèvl8W The HAII'S Sncofflt from Investment&. bank and other deposits w89 £1.708 12024.. £1,670). The value of the COIF (the investmonl fund at the CCLAI fell slightty due lo martet condhtiona and Investrnent retums, to ? v•lue of £40,221, compared to £42,244 81 the ènd of 2024. Hall hire InMe for the yeJr was £40,814 compar•d to £36,893 in 2024. an incre•8• of 11%. Th18 Inuease wa8 due primarfty to a significant hire In 2025 for the filming of an epl¥ode of Ihe popular TV series Mldsom&r Murders. Henley AFC'S first seawn renting the 8port$ fiald for bts und8r 14 foolb811 rnatch¢s ended in May gnd was continued on lor a 8econd season Btarting in August. Their care of the gra6B on the fleld Wofked well and the Tru&te&5 are pleased lo supp¢yt this lo¢ ¢lub. The lennls and bo$ clubs continued to oper8le as part of the overall es1019 ond donations, including one geneTOUS offertng frorn the Phillimor* Trust, further underplnned Hall income. A8 th$ appended ac¢ounts 8how, the nel $h ganeraied from oper8tion8 for the year w88 £15,001 [Calated a8 n¢1 Profit before Depreciation expense gnd COIF fevalualon Incomelexpensel compared lo an 6quivalent Surp1 of £1.531 In 2024. The CIO made a surplus for the y8aT 01 £893 which compare8 to a deficTt of £9,622 In 2024. Other than Increased Hall hlfè r8venue, the lrnprDvament reflects 8 full year's rert181 Income In 2025 from Mardon Cott890 8s opposed lo th• slgnificant expenditure in the prior year, refurblshlng that part of the Hall's esiate. Tol¥l revenue In 2025 howev&r showed a 811ght decline to £95,781 ¢omp8red lo £101,241 in 2024 notswthslanding Ihe fllrnlng Income. after taklng Into account the Pogtcode Communlty TNgt gront of £25,000 In ihe prloT y&Ar. Neverthele55. hlgher revenue from operatlons In 2025 allowed rneanlnglul spend on¢e A98in in mainlainlng the buildlng8 and grounds of the H811 Indudlng e65¥ntl81 repairs. A5 well 9$ the Tefurblshm8nt of the Btag8 area and the installation of unéer floor in$ulatlon. one g8blè end of the Old 81111grd Room w8s rèpointed and the Trustees replacad bolh garage doors as well a& Invosung 8lgnificanUy in tree$ and grounds malntenance. Rgseryes pollcy Cash re$•rves Ilndudlng Ilquld Inve8tmentBI wor• £87,532 as ¥131 Decernber 2025 leorryjared to £80.244 a8 at 31 December 20241. Durin9 the year, the CIO comfortably remAln•d ebove ts pollcy requlremenl, to malnlaln a mlnimum £25,0) of c&8h reserve6 &1 all Ilme8. Plan• for lulurn p•rlod• Throughovl the ye?T the whole team, Comp8ng rny leoW Tw$te88 and the ntrAC10r6 we ongog¥, worked haril lo contlnue to keep the H811 a safe and 8ttraclive facilty on a sound financial fogting, and l am once again gratefvl lor their whole-hearted COmlMent Bnd 5UPPOrt. The Centenary celebratlons were extTemety successful due lo the comrnrtment of the trustees and contractors allke and attracted Some excellent put41uty for the H811. Further Inveslmenl wlll be needed In th¢ assets that rnpSe our eslble gnd tsvo streams ol property rental Income wll continue to svpport this and help to top up r8seTves once agaln. Finalty. •nd linked to the n8ed to maintain Inve$tm8nt. we aro a$ grateful as ever lo our regular Ho11 hirets thout vthom the Hall would struggl8 lo rèm8ln viable. Structure, governance and management The charfty was registered as a Charitable Incoorated Organlsailon I'CIO'I on 21 March 2019 IchaTity nurnber 11825721. Prior lo thal the h811 and other assets had been m8naged by an unincooraIed tharty Ino. 3043601- The 8ssets were transferred to the current CIO on 9 February 2020.
SHIPLAKE MEMORIAL HALL TRUSTEES. REPORT (CONTINUED) FOR 7HE YEAR ENDED 31 DECEMBER 2025 Th• tW8t8u who 8ar+Md durlrvj and up tr) the of81gnJJro oftho financ491 *m•nts w•r6'. Mr S Atk¢nson Mr8 C Fabbrolhw Mffs P Hudg8 Ms A ManthJ r M 14lan8 Mr R P•rbid9 AlrAMacdrn M6C8art IWnt•J 18 F•bruvy 20281 Mr R Partrfdge
SHIPLAKE MEMORIAL HALL STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2025 The tru6tee8 8r¢ responsible for preparfng the Tnjsiees. Report and th8 financial slalements in accordance wrth applicable law $ntl Unlted Kingdom Accounting Stsndafds (United Kingdom Generally Accepted Accounting Praclicel. The law applicable to chari14eJ In England and le8 Tequlres the tsustee8 to prepare IlnanrAal Btaternonts for each fln8nclg1 year whlch give a true falr view of the state of affai19 of the CIO and ol the iThcomlng sOUrceS and YPF4icatKJn of resource8 ol the CIO for that year. In preparing the finanaal statements, tho trustees Are requlred to.. - Select 8Urtable accounting pollcles and then 8ppty them conslslenty., - ob6erye the methods and principles In the Charitses SORP., make judgements and estlmate5 th31 are reasonable and prudent.. state vJh8ther appllcable accountlng standards have betsn followed, Sublect to any mglertal deparbjres dhd088d and explalned In the finand8181atgments: and pr•pare the finandal statements on the going con¢8m ba818 unKry88 It18 Inappropriate to presum• th8t the charlty wlll conunue in optrntion. The tru8lees ère rèsponslble for keeplng 8uffl¢lent accountlng rerdS thal disd08e with r8850nable accuracy at any tlme the fin8nrJ81 posltlon of the CIO and enable them to onsure that the financlal Stgtements compty wAh the Charflies Act 2011, the Chadty IAccounts and Reports) Regulatlons 2008 and the provlslons of the trusl dg¢d. They re 0180 re8pon8ible for Sa9U8rd1ng the assets of tha CIO afid hon for taknng reasonabh ¥l¢p8 for the pr¢v8ntlon Bnd detedon ol Iraud and other Irregularllies.
SHIPLAKE MEMORIAL HALL INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SHIPLAKE MEMORIAL HALL I report to the trustees on my examln8tlon of Ihe financial 8taioments of Shiploke Memorlal H811 Ithè CIO) for the year ended 31 Decernber 2025. RMpon8lbllltle• and ba¥lo ol rnport As the trustees of the CIO you Are responslble for the praparalion of the finandal statement8 In occordanco whh the fequirements ol the Charit18s Act 2011. I report In respect of rny eKamlnation of the CIO'S flnancial 8latsments caTrfed out under 8e¢tkJn 145 01 Ihe Charilie$ Act 2011. In carrying out my examln8tson I have lollowed tha Directlons glven by the Chority Commlssion under 8ectlon 14515llbl of th8 Charitias Act 2011. Indèp•ndent •xamln•rf• ¥t•tsm•nt Your attenllon 15 drawn io the fact thot the ch8rity h88 prep8r*d the fjn8ndo18tatemenl8 in accordan wllh th• r¢levanl version of th¢ Statement ol Recornm¢nde(J Practice appIlbI$ to ch8rilie$ preparing their financl81 Statements in accordance ¥th the FlnanrAal Reporting Siandard applicable in the UK and Republlc ol Ireland IFRS 1021 In preferencg to Ihe Accounting arsd Reporting by Ghorilies.. Statèment of Recommended Practice issuod on I Aprfl 2005 whi¢h 1$ referred lo In the ext8nt regul8tion$ but h88 now been vlthdrawn. l understand that this has been done In order ftsr tha llnancial statements to provlde a true and fair vlew In accordance wlth UK Generalty Accepl•d Acc¢)unllng Pf8ctice. I have compl8t¢d my examlnation. I conllmi that no matter8 h8va come tD my altenuon in ennnectlon vmlh the •xamlnalion giving me cause to belleve th81 In any m8torfBI respect.. accounting records were not kept rèspect of the CIO as requlr8d by 8ectl¢)n 130 of the chaleS Act 2011. the finanaal 8taternent8 do not gccord with those records", or the fin8nti81 slatemenl¥ do not comply wth th# appllc8ble quretnIS concernlng the form and ¢onlwl of financlal statements set out In the Charities (Accounts 8nd Reports) Regulation5 2008 olher than any requlr8ment Ihal the financial ¥tslemen18 gbve 8 true and lalr vlew, whkth 18 not a rngtt&r conSKlered As part ol an Independent 8xamlnation. I have no concem$ and have corne ocrosB no other matt•r8 In conn8etlon with the •xamlnalhJn to whkh attenOn Should be drawn In thlB report In order to ¢ngbl8 a proper under8t8ndlng of Ihe11nanc1816tal¢ment8 to be 1•oched. John C•ladlne FCCA CTA FCIE ColAdlne Llmilèd Chantry House 22 Upperton Road Ea5tbourne Easl Sussex BN21 1BF Date..
SHIPLAKE MEMORIAL HALL STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2025 Unv•strleted Unre•trl¢t•d fund• fund¥ 2025 Z024 Not•* Income from.. Donations and legacles Chartlable actlvities oth8r trading activitie Inveslrnents 6,500 86.742 2,521 1,708 26,500 71.989 1,102 1,670 Tot•1 Incom• 97.471 101,241 ExpendUre on: Charfiable actfvltle8 111.7 Totsl •xpendliur• 94,556 111,796 Net 9olnslllo88esl on Inve$tm8nts 11 12,0221 933 N•t Ineom•ll•xp•ndlturel •nd mov•m•nt In fund• 893 19,8221 R•eonclllatlon of fund•: Fund balances at 1 Janu8ry 2025 551,774 661,398 Fund balAnG•S at 31 O•c•rnbor 2025 552,887 551,774 The Stolement of Ilnan¢lo1 actlv6Ue8 Indudes all gain$ and 108B•¥ rècognised in the yaar. All Income and ¢xpendlture derive from COnnuing acllvhl•s.
SHIPLAKE MEMORIAL HALL STATEMEMT OF FINANCIAL POSMON AS AT 31 DECEMBER 2025 2025 FSx•d ••••ts Propety. •rn •quttht Inv•alm6 13 14 4eg.084 40,221 481.170 42,244 523,414 Curr•rt •wl• Trade and other rothaL4es Caqh at bBnk and In lnd 16 10,514 47.311 9.487 38.CO) 67,825 114.4831 47,487 119,1271 Cwrnnt Iiriiu•• 43,382 Tot1 ••••ts l•M cwv•nl IF•bllMI•• 562,687 551.774 Th• fvnd• alth• ¢10 051.774 552,e07 S61,774 Th• In•ndAI ¢tht•nxnts **r• 8pwo¥ by Iho tnMt••B on......................... MT R P8rlrtdge
SHIPLAKE MEMORIAL HALL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Ac¢ountlng pollciejj Charlty Inforniation Shiplake Memorial Hall is a villAge hal and playing field for the use of the Inhabilant8 of the Parlshes of Shiplake and Binfleld Heath 8nd th• surrounding area. The charity was registered 88 a Charitable IncoTporated Organisation I'CIO'I on 21 Marth 2019 (charity number 11825721. Prior to thet the hall and other 853ets h8d been managed by gn unlncorporated charfty Ino. 3043601. The assets weT* Ir•nsferred to the ¢urr8nt CIO on 9 February 2020. 1.1 Ba•1• of prep•r•tlo The flnanclal statements have bn prepared in accordance vlth the CIO'$ governing do¢ument, the Charfties Act 2011, FRS 102 "The FlnandBI Reportlng Standard appllcable in the UK and Republlc of Ireland" {"FRS 102.1 and th8 Charlties SORP 'Accountlng and Reportlng by Charities.. Slalemenl of Recommended Practice applicable to charities PTeparSng thelr 8ccounts In ?¢eordance wlth the Flnanclal ReporD'ng Standard oppllcable in the UK and Republlc ol Ir81and IFRS 1021. ltrffectNe 1 January 20191. The CIO is a Public Benefft Entity #s defined by FRS 102. The CIO h88 taken advantage of the provlBlonJ in the SORP for charlll¢8 not to pParts a St8lemant ol Cash Flows. The financiBI statements have depBrted from the Chadlles IA¢¢ounts and Report$l F18gulatsons 2008 onty to the exlenl requlrtsd lo provide 8 tru• and fair vlew. Thh departure h88 involvèd lollowlng the Statement of Recommended Practlce for chAtIeS applylng FRS 102 Tather than Ihe v8rslon of Ihe St8t•menl of Recommondad Praclice whlch Is feferred to In the Regulation8 but which has Since been thdraWn. The financlal statements are prepared in sterllng, which is the functlon81 currency ol the CIO. Monetary ¥mounts in these fin8nelAI stalernents are rounded to the nearv¥l £. The financial Statements have been prepared under th8 hlstorfcal cost convvntlon. modlfled lo Indud8 the revalu8llon of Ilsted Investments 81 falf value. The prfn¢lpal accounting polirye8 adopted are 8el out bèl¢)w. 1.2 Golng eone•rn At the time of #pprovlng the flnandal $tatem8nls, the tN$t&88 have o rea8onBble ¢xpectation that the CIO hA8 adequatè rèsDurce8 lo contsnue In operational existenu lor the loresee8ble luture. ThuB the trus1eè$ ¢ontlnue 10 8éopt the golng concem basls of accounllng In preparing the financial 5tat&ments. 1.3 Ch•rft•blt fund• Unrestricted funds are avallable for u80 81 IhB dl8crdon of the Im8t8•s in furth•ranca of thelr chaiitable obl8cilves. Deslgngted funds cOrnpse funds whlch have been set aSe at Ihg dlscretion of th¥ trustees for specifi pU>S&S. The purposes and uses ol the designated lunds are sel oul in the note8 to the flnancABI 6tatemonts. 1.4 Incom• Income Is recognlsed when the CIO 1$ legalty entylled to 118ft8r any perfoTrnpnce condrtlon5 have been met, the amounts can be measured rellabty. and It is probable that Income wlll bè reeelved. Cash donations ara recognised on receipt. Other donation$ are recognised onco th8 CIO has been notlfied of the don8b"on, unless perfom8ncÉ conditions require defeThal of Ihe arnount. Income tax recoverable relation lo donatsons received under GiftAid or deeds of covenant 15 recogn15ed at the time of thè donation. Le9aci85 are recognised on recelpt or othe158 rf the CIO has been notified of an impendlng dlstrfbutlon. the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
SHIPLAKE MEMORIAL HALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Accountlng poll¢l•s Icontlnuedl Invéstment incoine linduding divldendsl are recognised when recelved. 1.6 Expendltur• Expendllure is recognlsed once there Is a legal or constructive obligats'on lo transfer economic benefft to Ihird paty. it 18 probable that a tran5feT of ts¢onomlc benefft6 wlll be Tequlred in setdement, and thè Amount of the obllgation cgn be measured reliabty. Expendllure 15 classlfied by actity. The Costs of each aCtty made up of the total of dlrect costs and shar8d costs, includlng support COSts Involved in undert8klng eath activity. Direct costs attributsble to a slngle 8¢tlvty are allocated ¢Jiredy to th81 activty. Shared ¢o$ls which contribute lo more than one activity and 61JPPOrt C08t8 whlch ar8 not attributable to a Single a¢tlvity are apportloned betwèen th08e activitle3 on 8 bB$l$ consistent wilh the usè of resource3. Central $1off costs are allocated on the b8818 01 Jmo 8p•nl, and depreclatkin tharges Are allocated on the portlon of Ihe 8sset'B Use. 1.6 Property, pl4nt and •qulpment Property, plant and equipment are Inalty measured at cost and 8ubsequentty mea$ur•d al cost or v8luallon, net of depredallon and any Impalmi8nt1059eB. Deprèelatlon Is recognl8ed 80 8¥ lo wrrt• off the c051 or v•luaUon ol 8ssets1•88 th•lf r••ldual v8lues over Ihelr useful Ilves on the follow6n9 ba$ls.' Freghold19nd and bulldlngs Flxtur88 and fittlngi 50 year 8tr8i9hl line 8 year Btraighl lin• The gain OT loss arlsing on the dlsposal of an 05$el Is determined as the difference befvleen the sale pro¢eeds and the Garrying volue of the asset, and IB r¢¢ogni8ed in Ihe 8talemènt of fingncial activllles. 1.7 Non4urrnnt Inv••im8nts Fixed a$s8t Investmenls are Initial meosured at tr8nJpdon prlco exdudinB tran88don cos13, and are subsequently measured at falr value at each reportlng date. Changes In Ialr valu• are recognlBed in n•1 Incomellexpendlluro) lor the year. Transaction Go¥ls ar¢ expensed as incurred. 1.8 ImpAlrni•nt ol non•CUTrent ¥•$ot• At each reportlng end date, the CIO rpvlBw$ the carrylng amounts of itg tsngible assets lo d*termln8 whalher thefé is any Indlcallon that those assets have suffered an impalrrnent loss. If any Buch indication exlsts, the co¥eTable amount of the asset 18 esllmated in order lo delefmin• the extant of th8 impalm)enl Ios6 lif any). 1.9 Ca•h ¥nd eash oqulvalent• Cash and cash oquivalents Include cash In hand, deposits held Bt call wNh banks, other short-term Ilquld investments with origlnal maturities of three monlhg or less, and bank overdrafts, Bank overdrafts orè shown wlthin boTrowlng$ in current liabilitie6. 1.10 Flnanelal InstYumont6 The CIO has 818Cted to appty the provision$ of Sectlon 11 '8asic Financial Instruments, and Sedon 12 '0ther Financial Instruments Issues. of FRS 102 to all of il5 financial instwments. Flnancial inBtruments are recognised in the CIO'$ balance sheel vthen the CIO becomes paty lo th¢ contractual prov6Èlons ofthe instrumenL Finand81 assets and liabllilies arè offset, Mth Ihe net amounts presented in the financial Statements, when there Is a legalty enforceabl8 rlght to set off the recognised amounis and there Is an intention to settle on a net basis or lo realise the osset and the liabiltty gimuttaneou5ty.
SHIPLAKE MEMORIAL HALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Aeeountlng poll¢l•s Iconilnuodl Basic fln8ncl•lassets Basic finanual assets, which Include trade and other reCeIbleS and ca6h and bank balances, are initialty measured 8t tran$gCtlon PTlCg Induding transactlon costs and are subsequentty carried al amortised co81 using the effèctive interest method unless the arrangernent constitutes a flnanang transaction. where the transacuon 18 measured al the present Valuè of the future receipts di$¢ounlod at a martl role ol IntereBI. Flnanclal 855ets classified 0$ receivable thIn one year are not amortised. B•8ic flnoncl•l Il•billtles Baslc financial Ilabilities, Indvdlng trade and other payables and bank loan8 gre inltl81ty r•cognised al transaction prfce unleB8 the arrgngemenl constjtules a fln8nclng transaction, vthere th? debt Instrument 18 mea8ured Al the present value of the futurfr payments discounted al 8 market rate of Interest. Fln8nd81 liabilities ¢lasslfied a3 payable withln one year are not amortlsed. D?bt In$trumenls Jr• subsequently cgrrled at amortId c05t, Un9 the effectlve Inlpro$t rate method. Trade p8yabl•8 are obllgallong to pay lor gDod$ or 6ervic&s that have been a¢qulfed in the ordinary cKJur8tr of oper8tJon¥ from 8uppller$. Amounts Payable ar6 cl8561r1 as currenl li8bililles il payment Is due thIn onè year or less. l not, thèy are presented as non-curTenl liabilltles, Tr8da payables ar¢ recognised Inrti•lly 8t trensjdlon prfce and $ubsequenlly m•88ured al omortId c051 uslng th• effective Inl•f¢$t method. Qérneognldon of Ilnancl•l Il•bllhl•s Fln8na81 Ilabllitles are der•cogn18ed when ¢he CIO'B contractual obllggtlons explr• or 8re dl8charyed or can¢&lled. Crltlc•l •ccountlng ••tlm•t•• •nd ludg•morrt• In the applkalon of the CIO'S accounting policles, the Iruslees are required to make ludgernents, estlmBle6 and aB8UrnPtions about th& carying Jmount of asset8 and Ilabllitles that are not readily apparent from other sour¢e$. The estlmBleB Ynd assodated assumptions are based on hislorl¢al experiencè and other factorn Ih•t are consldered to be relevant. ActUg1 results may dlffer from these e61Imat8s. The estimate6 and underfying 8$sumptions 8r• reviewed on an ongDlng b8$ls. Revlslons to accounting estimates 8rn recogn15ed In the period In whlch the e8tirnate is rev15ed wh¢re the revlslon affects onty that period, or In the perfod of the revlBlon and fvture perlods where the T80n affects toth current and fulure perlod$. Incom• from donation8 ond leg•cl Unr•strbct•d funds 2025 Unr•itrlcted fund8 2024 Donatlons and gifts Gran 1,500 5,000 1,500 25,000 6,500 26.500 10-
SHIPLAKE MEMORIAL HALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 In¢om• from don8tlons and l•ga¢le¥ Unr••trl¢t•d unltrIct•d lunth lund• 2025 2024 £ £ Icontinuedl Grnntfj Po8lcode Lott•ry Dorby8hlre Envlronm•nl 25,000 S,OCQ 5.000 2S,OLKJ In¢om• from charlt•bl• let1vl¢* UnY••trlet•d fund• 2025 UnM•trlet•d fund• 2024 Charftabl• •ctlvltle• Hlr• of hall Hlre ol sport$ fl•ld The Old Bllllard Room Flot r•nt 40,814 6,350 21,134 18,444 36.893 8,570 21,456 7,050 86,742 71,989 Income from oth•rtridlng acllvll Unre•trl¢ted Unre•trl¢t•d fund• fund• 2026 2024 FundTaiSSng avents 2,521 1,102 Income Irorn In¥ostm•nt• Unrnfjlrfct•d Unro•trlct•d fund• fund¥ 2026 Interest recelvable 1.708 1,670
SHIPLAKE MEMORIAL HALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 ExpendStur• toward• charltable a¢tl¥ltl¢s 2026 2024 Deweclatlon and lfflpalmiant Utllbtle In$ur8nce Repalr8 8nd makntenanc& Cleaning Llcences Contractor coBIs Sundry Costs 12,086 3,684 2,164 34,709 3.711 1.298 29.323 1.038 12,086 6,828 1,982 48,152 4,004 1.304 30,058 713 88,011 105,107 Share of support coBts {see note 81 Share of gov8rn8nce costs l$eo note 81 3.083 3,482 3,925 2,784 94.558 111.798 Support ¢o•ts •lloG•t•d to •ctlvltle• Ch•rltsbl• actlvltle• 2025 Totsl 2024 Telaphon• Computer and IT costs Govem8nce 463 2.800 3,482 434 3,491 2.764 6,545 8.889 2025 2024 Govorn4n¢• ¢08tS GomprS80: Accountsn¢y Legal and profes$lonal 1.200 2.282 1.200 3,482 2,764 Governance costs indude¥ plyments lo the Indapendent Examiner of £1,200 for Independent Examinatlon work. 12-
SHIPLAKE MEMORIAL HALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Net movement In fund• 2025 2024 The net movement In fvnd8 1$ Ststed after ch4rglngl{credillng1'. Fees payable forth& Independent 8xarnSnaVon of the tharNy'8 Iln8ndal statement8 Dewedalon of owned prop•rty, plant and equlpm8nt 1,200 12,086 1,200 12,086 10 Trujjte Nonè of the trustees lor any p•r80n8 (>Jnnected them) recelved any r8murt8Tation cf b•nefft8 from the CIO durfng Ihe year. 11 Galn• and lo••M on Inv•otm•nt• Unrn•trlct•d Unr•strl¢t•d fund• fund• 2026 2024 Galn81llos8esl artGlng on., Revaluallon of Investsnenl8 12.022) 933 12 T•Mllon Th• ¢h8rtty Is oxernpl from tsxallon on Ils baUse 911 Ks Incom• Is applled for charltoble puryjoses. 13 Prop•rty, plant 4nd •qulpm•nt Fr••hold l&nd FI1•• ind •nd buVAllngi fftllnq• Tolal C1 At l J•nuary 2025 782.422 58.295 840.717 At 31 Decemb8r 2025 782.422 58,295 840,717 Deprecl•tlon and Impalrni•nt At 1 January 2025 Deprec18tion charged In tho year 301,252 12,088 5B.295 359.547 12,086 Al 31 December 2025 313.338 58.295 371,833 Carrylng •maunt Al 31 Dac•mber 2025 469,084 469,084 At 31 December 2024 481,170 481.170 13-
SHIPLAKE MEMORIAL HALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 14 Flx•d •set Investrn•nts COIF fund Cost or valuatlon At t January 2025 Valuallon changes 42.244 12,023} At 31 December 2025 40,221 C•rylng amount At 31 December 2025 40,221 At 31 Dacember 2024 42,244 15 Tr&d• •nd oth•r r•c•bv#bl 2026 2024 Amounts falllng duo 4thln on• y•ar: Other recelvabl•8 Prepayment8 and aclxuod Income 7,353 3,181 7,OBg 2,398 10.514 0,487 16 Cuvrnni Ilabllld 202J 2024 Not• Deferred In¢om• Tradè payables Other payables Accruals and deferred income 17 4,966 2.922 5.275 1,300 8,030 3.422 8,475 1,200 14,463 19.127 17 DelerTed Income 2025 2024 Other deferred incom? 4.966 8,030 Oeferred income is induded in the finanaal statements as follows.. 14-
SHIPLAKE MEMORIAL HALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 17 Deferred Income {Contlnu•dl 2026 1024 Deferred income is included thIn.. Current Ilabdities 4.966 8.030 Movemènts in the year,. DefeThed income at 1 January 2025 Releas8d from prevlous periods R88OUfC•8 d•ferred In the y?4r 8,030 18,0301 4,988 6,973 16,9731 8.030 Deferre(I Income at 31 D8cMmber 2025 4,986 8.030 18 Unr•8trlcted fund• The unreslri¢led fund8 01th• charlty comprfse Ihe unexpended balances of donatlons and grants vthlch are not sublarl to spednc condltlons by donors and grantors As to how they may be u98d. These indude deslgnated lunds which have been 8•t 881de out of unre8trfcted funds by th• tru8tee8 for specffic purpose8. Tr•n•l•rn G•ln• and At31 D•¢•mb•r 2026 At 1 Janu•ry 2026 Incomlng rn•ovrc•• R••our¢•• •xpend•d FLxed aB8et fund Malnten8nce reNe Genero1 funds 481.170 112,0861 489,084 10,000 80.604 10,000 73,583 97,471 194,5881 12,088 12.0221 551,774 97,471 194,5561 12,0221 552.887 PYevlou8 year: At l Jlnuary 2024 Incomlng re8ource¥J Resource• expend•d Tran•f•r• Galn• and At31 D•¢emb•r 2024 Fixed asset fun Maintenance reseNe General funds 493,256 {12.0861 481.170 10,OC $8.140 10,000 60,604 1 D1,241 1111,7981 12,088 933 561.396 101,241 1111,7961 933 551,774 19 Relatsd party transaellon• There wefv no disclosable related party transactions dunll the yeJf12024 - none). 15.