**Trustees’ Annual Report for the period from 1[st] January 2024 to 31[st] December 2024**
|**Section A**
**Reference and administration details**|**Section A**
**Reference and administration details**|
|---|---|
|||
|**Charity name**|TERRINGTON VILLAGE HALL & RECREATION GROUND|
|**Registered charity number**|1183854|
|**Charity’s principal address**|Terrington Village Hall
Mowthorpe Lane
Terrington
York
YO60 6PZ|
## **Names of the charity trustees**
||**Trustee name**|**Office (if any)**|**Dates acted (if not**
**for whole year)**|**Name of person (or body) entitled**
**to appoint trustee (if any)**|
|---|---|---|---|---|
|1|Paul Stevenson|Elected - Chairman|Full Year||
|2|Dave Gaskell|Elected - Secretary|Full Year||
|3|Rob Ashdown|Elected - Treasurer|Full Year||
|4|Jan Pilgrim|Elected|Full Year||
|5|Julie Kaye|Elected|Full Year||
|6|Gerry Bradshaw|Nominated|Full Year|Terrington Arts & PCC|
|8|Mike Barber|Nominated|Full Year|Garden Club|
|9|Linda Irving|Nominated|To 7th Dec 2024|Tennis Club|
|10|Vanessa Pattison|Nominated|From 4th July 2024|Playgroup|
Trustees Annual Report (TAR) for the year to Dec 2024
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## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
|Type of governing document|The charity’s governing document is a Constitution dated 12thJune 2019|
|---|---|
|How the charity is constituted|The charity operates as a Charitable Incorporated Organisation (CIO).|
|Trustee selection methods|The CIO’s committee is constructed as follows. There can be up to 5
“elected trustees”. Each elected trustee serves a 2-year term expiring at the
end of an AGM. So as to ensure some continuity of the committee from year
to year, terms are ‘staggered’ so that only some of the elected trustees come
up for election in any given year. Nominations for election must be received
in advance of the AGM and the election takes place at the AGM itself. There
can also be a number of “nominated trustees”. The committee maintains a
list of “Nominating Bodies” and each of these organisations is invited to
appoint a trustee for a term of their choosing. The constitution requires that
the Parish Council is always invited to appoint a trustee, again for a term of
its choosing. Finally, the committee may resolve to appoint up to two
“co-opted trustees” at any properly constituted meeting, their term being from
the date of that meeting to the end of the next AGM or earlier, as decided.
This is set out in the Constitution.|
## **Additional Governance & Management Details**
The management committee of trustees typically meets every two months.
To guide the management committee in exercising its duties, the following policy statements have been adopted:
- Bookings Policy
- Conflict of Interests Policy
- Alcohol Sales & TEN Policy
- Financial Management Policy
- Safeguarding Children & Vulnerable Adults Policy
- Data Privacy Notice
- Personal Data Usage & Retention Plan
As a Management Committee, we recognise our responsibilities and legal obligations to protect the building, its users, visitors and contractors through adequate and appropriate insurance, risk assessment and maintenance.
The village hall is insured by Allied Westminster in respect of buildings cover, contents, public liability, employer’s liability, hirers liability and legal expenses.
## **Regulatory obligations:**
- The boiler is checked annually by a qualified and registered provider
- The gas heaters are checked and certified annually by a qualified and registered provider
- Portable electrical appliances are professionally tested annually
- The mains electrical installation is checked and certified by a qualified electrician every 5 years
- Firefighting appliances are professionally inspected and certified annually
- The Playground is inspected annually by RoSPA.
We have a documented Risk Assessment for the Premises as well as a separately documented Fire Risk Assessment and various additional checks are carried out as part of these. There is also a template Risk Assessment for an Event which is used whenever the village hall organises a show, and which is made available to hirers to assist in the planning of their own events.
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## **Section C Objectives and activities**
The objects of the CIO are: **Summary of the objects of** (1) the provision and maintenance of a village hall and recreation ground for **the charity set out in its** the use of the inhabitants of The Area Of Benefit without distinction of **governing document** political, religious or other opinions, including use for meetings, lectures and classes, and for other forms of recreation and leisure-time occupation, with the object of improving the conditions of life for the said inhabitants; and (2) that the Specified Land shall be used for the purpose of furthering the said objects of the CIO. The Area Of Benefit is the Parish of Terrington with Wiganthorpe and Ganthorpe and its immediate vicinity. The Specified Land is that which includes the site of the building, plus outbuildings, tennis courts, playground and recreation ground. When the Charity was a Charitable Trust, this land was vested in the Official Custodian of Charities but, as part of the process of converting to a CIO, the land has been transferred to the CIO. An application is being processed by the Land Registry for first registration of this land.
## **Summary of the main activities undertaken for the public benefit in relation to these objects**
The village hall and recreation ground can be hired by groups and organisations for different activities that will benefit the community. These include a pre-school playgroup, badminton club, textiles group, history group, tennis club, garden club, coffee mornings, dog training, pickleball, tai chi, yoga, etc. The facilities are also available as a venue for hire for meetings and events by community groups such as the WI, Parish Council, village primary school, etc. Individuals can also hire the hall for their own use for parties, family gatherings, etc..
From time to time, shows, ‘pop-up pubs’ and other fundraising activities take place at the premises. These also benefit the local community by providing local access to the arts and theatrical performances as well as creating opportunities for friendly, social interaction.
There is a small playground on the premises, two hard-surface tennis courts and a recreation field which contains a full-sized football pitch.
## **Statutory public benefit declaration:**
The function and purpose of the village hall is first and foremost to provide a local, safe, appropriate and attractive facility for the use and enjoyment of people in the village and surrounding area. The trustees confirm that they have complied with their duty to have due regard to the Charity Commission’s public benefit guidance when exercising any powers or duties to which the guidance is relevant. This is evidenced by the main activities outlined above that are all undertaken for the benefit of the residents of the village and surrounding area. The trustees have all signed Declarations of Eligibility and Acceptance which require the trustees to act in the best interests of the charity.
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## **Section D Achievements and performance**
## **Chairman’s Report**
## **Summary of the main achievements of the charity during the year** .
This is now my seventh year of office since being given the privilege of being your committee Chairman for this wonderful Village Hall. This report will cover the year 2024, and, I hope you will agree, we have had a good year.
Highlights include our Burns Night Supper, featuring a welcome return of last years musicians, who helped us get up and dancing, after a delicious haggis dinner!
Perhaps the most spectacular event was our celebrations of the D Day Landings in June 1944.
Wartime memories, photographs and artefacts were displayed in the Hall, a large number of military vehicles brought the wartime atmosphere to Terrington, and the fish and chip van was extremely popular with our guests, many of whom adopted wartime attire. The highlight of the day was the ceremonial lighting of the beacon, nerve wracking for Dave Stockade, but hugely enjoyed by the crowd.
Our Pop up Pubs, held a couple of times a month, continue to be very popular. Good company, excellent beer, attractive prices, and a great atmosphere ensure a good evening out.
The Halloween evening was particularly well attended by all the ghouls and ghosties of the village, old and young, and I would like to thank Julie Kaye for her un-tiring efforts for providing so much fun.
The Village Produce Show is a chance for the village to show off some of its talents in the arts, in the garden, in the vegetable patch, and in its craft skills. Because of the massive public demand, the Courgette racing made a return. This is serious stuff! The Show could not happen without the management skills, and energy, of our colleague, Jan Pilgrim. She is a whirlwind of detail management, of crisis aversion, of disaster recovery, and she does it all looking cool as a cucumber, or, more appropriately, courgette.
The primary job of our committee is to maintain the hall, the playing fields, the playground, the tennis courts and the car parks in such a way that the facilities are available to our residents to enjoy in safety and comfort. To carry out the maintenance of all these different areas requires money, and a lot of time and effort is devoted to raising it. This is through bookings of the hall for private events, weddings, birthday, and, sadly, funerals.
Various societies hire the hall on a regular basis. These include the W.I., the Garden Club, the playgroup, the Parish Council, the Tai Chi group, and many more.
Pickleball has continued to be a great success, being held on Wednesday evenings, its popularity has soared with more and more folk turning up to enjoy the sport, the exercise, and the social get together.
All of our activities and entertainments generate money that goes into our reserves, which we harbour prudently, and spend carefully, making sure that any monies spent will improve the facilities that we all enjoy.
This year we have been looking carefully at our green agenda, and at the kind of improvements that we could make that would reduce our energy requirements. When the hall was constructed the topic of energy conservation was not high on the agenda. On the one hand we are looking at reducing our energy costs by using LED lighting, improving our hot water systems, and possibly installing solar panels on the roof, but the rate at which the hall loses its heat is a problem. It may be better to fix and improve the insulation of the hall before money is spent on on new energy managing systems. To that end we are seeking advice, and estimated costs, from professionals in the sphere.
As you can see, keeping the hall and its environs in tip top condition, and making these long term changes, is a never ending task, and it seems to be constantly requiring more and more funds. Our small committee could never, on our own, produce all of this income if it wasn’t for the support of many volunteers. Without them we would be in a very difficult position, and I would like to take this opportunity to thank them sincerely for their efforts. The setting out, and clearing away of the stage, the tables and chairs is a necessary, but not very interesting, task, but a very important one, without which our events couldn’t go ahead.
My thanks are given to our volunteer bar staff who fill our pub with a friendly atmosphere, our car park attendants who keep everyone safe, our grass cutting and land management team who keep our grounds in excellent shape, and our cleaning team that keeps the hall spic and span. I won’t mention names, but you know who you are, and I thank you sincerely.
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Rob Ashdown is our committee’s treasurer. He prepares our monthly accounts, makes sure that our insurances are up to date, pays our bills on time, manages our investments, and generally keeps our spending in check. These tasks all require an unending sense of balance, for which he trains on his bicycle, and I must thank him for all his hard work.
The hard work of our committee is undertaken by Dave Gaskell, our Secretary. Without Dave, we would really struggle. He is the best, and probably, tallest, secretary, and we are so lucky to have him. He has an understanding of every issue, and, at our meetings he offers wise counsel. He can write grant applications, pull pints, hang bunting, and wash glasses all without breaking sweat. I am sure that all our committee members will support me in giving Dave our undiluted thanks for all his work, as I must give my thanks to all my committee members who turn up, rain or shine, and whose enthusiasm keeps the show on the road.
Thank you
Paul Stevenson, Chairman.
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**Section E Financial review**
Our Financial Management policy includes a policy on reserves. In **Brief statement of the** summary, the Charity will aim to hold funds in reserve sufficient to meet **charity’s policy on reserves** the following two purposes:
(1) To provide contingency to allow the Charity to continue to operate and cover essential operating costs in the event of substantial loss of income (e.g. premises being unavailable, loss of major regular hirers, etc.) (2) To average out longer term repair, replacement and refurbishment costs of the Charity’s assets including premises, fixtures, fittings and contents.
The level of reserves should not be allowed to fall below 12 months’ operational expenditure. This provides the minimum contingency to meet purpose (1) above. There is an Inventory of Assets, updated at least every 2 years, which helps to assess the replacement costs of assets and when that spend might be due. This helps in determining the appropriate level of reserves to meet purpose (2) above. **Details of any funds** None **materially in deficit**
## **Treasurer’s Report and Financial Review**
## **Introduction**
The accounts cover the period January 1st to December 31st 2024. The records for the accounts are kept on a Google Sheets spreadsheet, devised, written and maintained by Dave Gaskell.
The hall had a reasonably successful year financially having a turnover of £39368 (£38125 in 2023), and an expenditure of £36281 (£32988 in 2023), leading to a profit over the year of £3087. In summary, the income increased but the expenses increased more!
Turning attention to the 2 main headings in the accounts in order, starting with:
## **Receipts and payments**
Firstly running briefly through some of the headings in the Income section:
## Income
Room hire income improved markedly for the 2nd year in succession, taking £14085 (£11670 in 2023), with pickleball, children’s parties using inflatables and funeral gatherings to the fore.
The Ground Hire income of £1263 contains income from the field and tennis court hire. The field income was mainly due to the dog training (£811), with some football and camping usage. The tennis court income no longer has an annual fee from the tennis club and suffered as a result, contributing £337 to the total.
The Car park income of £1181 came mainly from people putting money in the car park box, although the two visiting takeaway food providers (Bistro Guy and Little Somboon Kitchen) pay each time they come, and there was a small amount from longer term parking on occasions. We generally rely on voluntary contributions to this “fund”, and maintaining the car park and cleaning and supplying the outside toilet does come at a cost.
The Fundraising income came from various events (mainly booked through Rural Arts) throughout the year. Thanks go to the team responsible for organising all this, as it takes a lot of planning and time given freely by all involved.
The Bar income was boosted by the regular bi-monthly pop-up pubs, which were generally well attended and brought people not often seen into the hall from the local population. Charities are allowed by HMRC to turn over up to £8000pa by running a bar without it being a secondary part of a fundraising activity, before we have tax liabilities. The non-primary figure (i.e. bars run with no accompanying event) of £8062 means that the hall overshot by a small amount this limitation. Action is being taken to attempt to avoid this in 2025. Bars were
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also run during the various events and these have no such tax implications on revenue turnover. The total turnover from the bar was £13046, which led to a profit of £5294, which significantly contributed to the village hall finances.
The Grants and Donations figure included a grant from North Yorkshire of £1000 towards the cost of fencing the playground area, and £400 towards outside tables.Tai Chi events which run once a week for an hour split any surplus money collected above the cost of the room hire between the hall and the church, and this year the hall benefitted by £168.
Interest and dividends from the M&G funds and the 2 fixed rate savings bonds with United Trust bank produced £1815, increasing from £1533 in 2023 as interest rates remained high.
As a brief summary, room hire and bar income were up, ground hire and grants were down.
Passing speedily on to the Expenditure section, and selecting certain entries for comment:
## Expenditure
The Expenditure sheet shows Total Expenditure of £48281, but this includes a figure of £12000 that was transferred to a savings bond, and as it is remains the hall’s money, is not going to be included in the following section and means that the hall’s total expenditure on non recoverable costs was £36281.
Under Direct costs, two sets of costs stand out: The incidental expenses in putting together the various fundraisers, hiring the artists or bands, marketing the events, providing food if required, came to £4485, which meant the fundraisers contributed a profit of some £912 towards the hall. Apart from producing useful income these events can be considered as part of the hall’s purpose in that they provide differing forms of entertainment for local people to hopefully enjoy. This year’s figures are very similar to 2023. The other major direct cost was the £7752 bar stock purchases, which cover all the alcohol and various nibbles sold behind the bar. Based on the bar income and this expenditure figure, the bar made a profit of some £5294 over the year, as stated earlier.
Dealing with some of the items listed under Overheads:
A lot of the basic running costs increased over the year, meaning an extra £1444 was spent over the year on heat, light and power. The main culprit was electricity (£2994 versus £1873). As the cost of the electricity has not changed between 2023 and 2024, this means we simply used more. Some years we have 2 oil deliveries and other years we only have one. There were 2 in2024, meaning we spend £949 against £543 in 2023. The water and sewage bill at £574 was £150 or so less than the previous year.
The insurance added another £1349, the wifi £196, TV licences and Premises licence (alcohol) £346. The cleaning and consumables came to £3978. The largest expense, although less than 2023, was covered under the heading Servicing, Maintenance and Repairs. This included £3808 on the playground fencing and RoSPA report, £1269 for field mowing and mole removal, £1788 on tree removal and pruning, £1792 on building maintenance, including fitting a new radiator in the Wimbush Room, a new door and step for the home changing room, carpet cleaning, fixing an oven problem, and the oil boiler service.
The Asset & Investment Purchases heading covered New Equipment (£1422), which included new picnic tables, garage shelving, various bits for the bar, and pickleball bats and netting.
The New Investment item was £12000 which was invested in a fixed rate bond with Cambridge and Counties bank.
## End of Year position
The Net of Receipts/(Payments) section shows that the current cash position of the hall is healthy in that the various cash accounts, which will be dealt with in slightly more detail when discussing the Assets and Liabilities, have a total cash availability of £17908.
## **Assets and Liabilities**
Moving on to the final sheet, and taking each heading in turn:
## Assets
Cash Accounts: The hall has 2 accounts with Barclays Bank, a basic current account and a linked saver account. These two accounts held £6293 and £11245 respectively at the year end. In addition there are 3 “floats”, allowing cash to be held for various events where money is taken in, and change handed out. These “floats” total £370.
The Designated Funds section of the bank account currently has £5500 allocated to it. The section basically serves as a reminder that the hall may soon have to spend money on known items and it is meant to serve to
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remind us not to spend it all in the short term. For example we know we may have to replace the tractor mower if we need to mow the field, as we relied on Ken WIldey’s good offices to mow the field during 2024. He has now stopped doing this and we have agreed to pay Robert Goodwill to allow Mark Wigham to take control of the mowing. This will inevitably increase our costs over the next year, as the Ken and Susie Wildey gave their time for free.
The Restricted Funds has £993, of which £750 is “owed” to the tennis club if the hall does not proceed with the tennis court resurfacing. As the tennis club hardly plays tennis these days, it looks very unlikely that the hall will progress with the resurfacing and therefore will need to refund the tennis club. The tennis club still uses the main hall for pickleball. The remaining restricted money is held for the History group, passed to us when Terrington Arts closed. This will slowly disappear as every time the History group uses the hall, it is effectively charged by lowering the value of their restricted fund as appropriate.
Other Monetary Assets: The hall has to keep bar stock to enable it to function usefully as a bar and the value of this stock was estimated at £1215 at the end of the year 2024.
Investment Accounts: The hall has 2 cash savings bonds with United Trust Bank, both of which have 2 year maturities. When they mature we have the option of re-investing or withdrawing. To date we have reinvested, the combined total held with UTB currently being £22488. Interest is reinvested. In 2024 a further £12000 was invested with Cambridge and Counties bank in a 2 year bond. All 3 of these investments have to be held to maturity, and when the maturity date approaches decisions need to be made as to whether the hall will need the funds within any proposed extension of the bond maturity date. The Village Hall also has 3 unit trusts with M&G, which have supposedly been designed with charities in mind. The hall has a number of units in each fund; the value of these units can go up or down, and the money is not protected by any FSCS scheme, but is dependent on bond and equity markets. At the year end, we held units in 3 funds:
1. A Charifund fund (!) (shown as Charifunds A in the accounts) which is a unitised equity fund. No money was drawn from, or added to, this fund in 2024. The fund was valued at £17852 at the end of the year, gaining £453 over the year and being some way below its value of £20135 on 31/12/19.
2. A Charibond fund (shown as Charibond B in the accounts) which is a unitised bond fund. No money was drawn from, or added to, this fund in 2024, and it lost £351 in the year, leaving its value at £9628, again well below its value on 31/12/19 of £11069.
Both the A and B funds pay interest to the hall, and in the period covered by these accounts, a total of £1528 (£1393 in 2023) in dividends/interest was received. This is an interest rate of approximately 5.5% pa.
3. A Charibond Accumulation fund, shown as Charibond C in the report. This bond fund was setup as an attempt to save money for the tennis courts, the aim being to put something aside every year so that when money was needed to refurbish the courts, it should be available by drawing on the fund, rather than having to find it immediately from the current account. Dividends are effectively reinvested in the fund, which should therefore grow over time, even with no further investment. The fund was valued at £10420 at the year end, up from £10326 in 2023. It was valued at £10361 as of 31/12/19, so could not really be considered a star performer, bearing in mind that any dividends are re-invested, so some growth would be hoped for.
More consideration needs to be given to the performance of these 3 funds over the past years, but we, as a charity, are very limited in what we can do with money in terms of investing, and the rate of interest paid out annually is still useful. We need to keep a fair amount of money in reserves, in order to cover replacement of various items and to be able to react to some significant event where money is immediately required, as well as to cover shortfalls in annual receipts. In 2025 M&G are closing the bond funds, so a decision will need to be made about where to put the money when they do actually close in June.
## Current overall position
At the end of the 2024 the various savings accounts were valued at £72388 (£59181 in 2023) and we had some £17000 (£26553 in 2023) in immediately available cash which means that the hall is in a reasonably strong financial position. However, the fact that our overheads spend for the year 2024 was £22623 should put this in perspective, and it should be noted that the fundraising events provided a net income of around £6000 to the hall, making the difference between a profit or loss on the year and thereby adding to the reserves.
We need to keep in mind that the building and grounds require ongoing repair and maintenance, assets need replacement over time and reserves are required to cover the cost of these. The hedges, trees and grass need more regular maintenance, the playground always seems to require more work, the cost of mowing the field, playground and surrounds will increase now the Wildeys have finished maintaining the grass, and the playground requires a lot of work as a number of the items in it have rotted and need replacement. As always,
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some exterior and interior decoration is required. The oil boiler is starting to get fairly long in the tooth and is starting to require more maintenance, meaning a replacement cannot be far off.
An ongoing concern is that a significant amount of money would need spending on the tennis courts at the point when they need resurfacing, and the surrounding fencing is already in a poor condition. Decisions regarding the future of the courts and whether or not large amounts of money should be spent on providing what is a fairly little used facility are going to need to be made fairly soon, although the renovating/repainting in 2023 has provided a breathing space.
The hall’s charitable purpose is provide facilities for the benefit of local inhabitants but the income from these inhabitants is not generally sufficient to cover the hall’s annual costs, so we do need a wider customer base, and/or to continue with fundraising activities, which in themselves do, as previously mentioned, present opportunities for the local inhabitants to enjoy events at the hall.
That concludes the treasurer's report for year ending 31/12/2024.
Rob Ashdown, Treasurer.
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**Section F Other information**
## Bookings and use of the facilities
The utilisation of the building and facilities continued to be high in 2024. Of the regular hirers, Art/Painting Group stopped during 2023, the Thursday morning Yoga sessions stopped in early 2024, and Tennis Club didn’t join the league in 2024 so use of the Tennis Courts were significantly lower than in 2023. However, whilst we lost those regular bookings, we picked up new regular hirers in 2024 such as Tuesday evening Pickleball (additional to the existing bookings on Wednesday evenings), U3A Pickleball on Wednesday afternoons, fencing coaching on Sundays, and a new yoga group on Tuesday lunchtimes. Mondays and Fridays remain relatively quiet but, overall, the village hall is being well used.
## Events
2024 was another busy year in terms of the events that were put on by the village hall with over £5k raised excluding takings from any bars or Pop-up Pubs. The events during the year were our traditional Burns Night Ceilidh & Celebration in January followed by the annual visit of the Snake Davis Trio in February. We then had the very entertaining Desert Island Flicks in March, and another excellent performance by The Alex Hamilton Band in May. The D-Day 80th Anniversary event wasn’t a ticketed event so was a different sort of fundraiser but was a huge success with well over 200 people attending. In June and July we screened the England matches in the European Championships. The Cool Notes Big Band helped the Village Hall celebrate 30 years since opening in 1994 and that was followed a week later by the annual Produce Show. There was a theatrical performance in each of September (Ruth Berkow’s The Beauty of Being Herd), October (How To Be Brave), November (Pagrav Dance’s Aunusthan) and December (A Christmas Cracker).
Thanks again goes to the Events Group for helping to get these organised.
## Tennis Courts
In December, we held a budgeting meeting which considered the various facilities owned by the Village Hall and how much money might be needed by when to keep things running. The difficult decision was taken noto to resurface the tennis courts so we will need to close them once the surface becomes unsafe for play, which is expected in the next 2-3 years. We need to consider how best to make use of the space when that time comes. Ideas will be very welcome.
## Playground
In the same budgeting meeting, it was acknowledged that some significant spend is required in the Playground as much of the equipment is reaching end of life. The likely cost of renovating the Playground will be in the region of £50k so this will be a major focus of fundraising and grant applications in 2025.
## Acknowledgement to volunteers and other helpers
The Village Hall is a charity run by a committee of trustees who are all volunteers giving some of their spare time to keeping the hall running. The ongoing provision of the facilities and the running of the events wouldn’t be possible without the efforts and commitment of the committee members and other volunteers. We have no paid employees and are very grateful for the time and effort that all volunteers and helpers put in to ensure that the hall is fit for purpose and used for the benefit of the community.
Dave Gaskell, Secretary.
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## **Section G Declaration**
**The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees**
|**Signature(s)**
**Full name(s)**
**Position**
**Date**|||
|---|---|---|
|||DAVID MARK GASKELL|
|||Secretary|
|||13th May 2025|
Trustees Annual Report (TAR) for the year to Dec 2024
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TERRINGTON VILLAGE HALL AND RECREATION GROUND
(Charity number 1183854)
(Company registration number CE017804)
## FINANCIAL STATEMENTS
For the year ended
> 31ST DECEMBER 2024
## TERRINGTON VILLAGE HALL AND RECREATION GROUND
## Financial Statements
## Year ended 31 December 2024
|Contents||
|---|---|
|Trustees’ Annual Report|1|
|Independent Examiner'sreport|2-3|
|Approvalof theAccount|4|
|Receipt &PaymentAccount|5-6|
|StatementofAssets&Liabilities|7-8|
## Independent examiner's report on the accounts
## Section A Independent Examiner’s Report
Report to the trustees/ Charity Name members of TERRINGTON VILLAGE HALL AND RECREATION GROUND
On accounts for the year 31[st ] December 2024 Charity no 1183854 ended (if any) Set out on pages 1 to 4
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the period ended 31/12/2024.
As the charity's trustees, you are responsible for the preparation of the accounts in accordance Responsibilities and with the requirements of the Charities Act 2011 (“the Act”). basis of report
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent I have completed my examination. I confirm that no material matters have come to my examiner's attention in connection with the examination which gives me cause to believe that in, any statement material respect: the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records; or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed: Date:
Name: Arun Sharma
Relevant professional Association of Chartered Certified Accountant qualification(s) or
Address: ROOT ACCOUNTANTS, SANDOWN HOUSE, SANDBECK WAY, WETHERBY LS22 7DN
2
Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose.
3
TERRINGTON VILLAGE HALL AND RECREATION GROUND
## Charity Number 1183854
## Accounts to 31st December 2024
> The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.
> The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
> The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records
> and the preparation of accounts.
These accounts have been prepared in accordance with the provision applicable to companies subject to the small companies regime and in accordance with FRS 102 SORP.
Approval of the Accounts for the year ending 31st December 2024
> The report and accounts were approved at a meeting of the Trustees, held on
…................
Signed …....................................................
…....................................................
4
## TERRINGTON VILLAGE HALL AND RECREATION GROUND ACCOUNTS
26/02/2025
## Receipts & Payments Annual Report from Jan 1st 2024 to Dec 31st 2024 Unrestricted Funds
|Receipts
General
Room HireIncome
£14,095.00
GroundHireIncome
£1,263.00
Equipment HireIncome
£358.00
CarParkIncome
£1,181.00
FundraisingIncome
£5,397.00
BarIncome
£13,046.00
ofwhich isnon-primary
£8,062.00
Grants&Donations
£1,568.00
Interest &Dividends
£1,815.00
Banner Advertising Income
£0.00
OtherReceipts
£644.00
SubTotal £39,368.00
(Allfigures areto nearest£)
INCOME
Asset&Investment Sales
Equipment Sales
£0.00
Fixture &Fitting Sales
£0.00
OtherAsset &Investment Sales
£0.00
SubTotal £0.00
TOTAL INCOME
£39,368.00
EXPENDITURE
DirectCosts
CostsforspecificHires
£0.00
CostsforspecificFundraisers
£4,485.00
BarStock Purchases
£7,752.00
OtherCostsforResale
£0.00
SubTotal
£12,236.00
Overheads
Heat,Light &Power
£5,304.00
Water
£574.00
Rates & CouncilServices
£42.00
Insurance
£1,349.00
IT
£196.00
Licenses &Subscriptions
£682.00
Cleaning
£3,979.00
Consumables
£731.00
Servicing,Maintenance &Repairs
£8,957.00
Professional Fees
£223.00
Advertising
£70.00
OtherOverheads
£516.00
SubTotal
£22,623.00|Receipts
General
Room HireIncome
£14,095.00
GroundHireIncome
£1,263.00
Equipment HireIncome
£358.00
CarParkIncome
£1,181.00
FundraisingIncome
£5,397.00
BarIncome
£13,046.00
ofwhich isnon-primary
£8,062.00
Grants&Donations
£1,568.00
Interest &Dividends
£1,815.00
Banner Advertising Income
£0.00
OtherReceipts
£644.00
SubTotal £39,368.00
(Allfigures areto nearest£)
INCOME
Asset&Investment Sales
Equipment Sales
£0.00
Fixture &Fitting Sales
£0.00
OtherAsset &Investment Sales
£0.00
SubTotal £0.00
TOTAL INCOME
£39,368.00
EXPENDITURE
DirectCosts
CostsforspecificHires
£0.00
CostsforspecificFundraisers
£4,485.00
BarStock Purchases
£7,752.00
OtherCostsforResale
£0.00
SubTotal
£12,236.00
Overheads
Heat,Light &Power
£5,304.00
Water
£574.00
Rates & CouncilServices
£42.00
Insurance
£1,349.00
IT
£196.00
Licenses &Subscriptions
£682.00
Cleaning
£3,979.00
Consumables
£731.00
Servicing,Maintenance &Repairs
£8,957.00
Professional Fees
£223.00
Advertising
£70.00
OtherOverheads
£516.00
SubTotal
£22,623.00|De
signated
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
|Funds
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£268.00
Restricted|Funds
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£268.00
Restricted|
|---|---|---|---|---|
||£39,368.00|£0.00||£268.00|
||
£0.00
£0.00
£0.00|
£0.00
£0.00
£0.00|
|
£0.00
£0.00
£0.00|
||£0.00|£0.00||£0.00|
||||||
||£39,368.00|£0.00|||
||£0.00
£4,485.00
£7,752.00
£0.00|£0.00
£0.00
£0.00
£0.00|
||
||£12,236.00|£0.00|||
||£5,304.00
£574.00
£42.00
£1,349.00
£196.00
£682.00
£3,979.00
£731.00
£8,957.00
£223.00
£70.00
£516.00|£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00|||
||£22,623.00|£0.00|||
5
|Asset&investment Purchases
NewEquipment
Other NewInvestment
SubTotal
TOTAL EXPENDITURE
NET OFRECEIPTS/(PAYMENTS)
TransfersbetweenTypesoffunds
Cash FundsAt Start OfPeriod
Cash FundsAt End Of Period|£1,422.00
£0.00
£0.00
£1,422.00
£12,000.00 £0.00 £0.00£12,000.00
£13,422.00 £0.00 £0.00£13,422.00
£48,281.00 £0.00 £0.00£48,281.00
(£8,913.00) £0.00 £268.00 (£8,645.00)
£25.00 £0.00 (£25.00)
£0.00
£20,303.00 £5,500.00 £750.00£26,553.00
£11,415.00 £5,500.00 £993.00£17,908.00|£1,075.00
£0.00
£1,075.00|
|---|---|---|
|||£32,988.00|
|||£5,137.00|
|||£0.00
£21,416.00
£26,553.00|
## NOTES
## 1 The CIO has no Restricted or Endowment Funds
- 2 The Tennis Club Restricted Fund is money is to be returned to Tennis Club if courts are closed and not resurfaced.
- 3 The History Group Restricted Fund is money from the closure of Terrington Arts to cover future History Group meetings.
- 3 The overall P&L figure for the year shows a loss of £8,647. However, £12k was moved into an investment bond during the year which is recorded (correctly) as an expenditure from a P&L perspective. That has skewed the overall figures giving the impression of an operating loss. Taking the £12k investment into account, the operating profit for the year is £3355.
6
TERRINGTON VILLAGE HALL AND RECREATION GROUND ACCOUNTS
26/02/2025
## Statement of Assets & Liabilities as at Year End 2024
## Unrestricted Funds
|StatementofAssets &Liabilitiesas
UnrestrictedFunds|StatementofAssets &Liabilitiesas
UnrestrictedFunds|StatementofAssets &Liabilitiesas
UnrestrictedFunds|atYear End|2024|2024|||
|---|---|---|---|---|---|---|---|
|£1,215.00
SubTotal
£1,215.00
(Allfigures areto nearest£)
ASSETS
Cash Funds
General
Barclays BankAccount
(£199.00)
BarCash Float
£150.00
DoorCash Float
£100.00
Treasurer’s Cash Float
£120.00
Barclays SavingsAccount
£11,245.00
SubTotal
£11,415.00
Other MonetaryAssets (approximateestimate)
BarStock (as at Dec2022)
Investment Accounts (approximateestimate)
M&GCharifund Account A(as at Dec 2024) £17,852.00
M&GCharibond Account B(as at Dec 2024) £9,628.00
M&GCharibond Account C(as at Dec 2024) £5,704.00
CC Bank Bond (as at Oct 2024) £12,000.00
United Trust Bank 6670 (as at Nov 2024) £10,840.00
UnitedTrust Bank(as at Dec 2024) £11,648.00
United Trust Bank 4.1% (as at Dec 2024) £0.00
SubTotal £67,672.00
TOTAL NON-FIXED ASSETS£80,302.00
FixedAssets RetainedforCharity'sUseValue (optional)
Land£0.00
Buildings(as atJan2020) £250,000.00
Furniture, Fixtures, Fittings £0.00
Other Equipment £0.00
SubTotal £250,000.00
TOTAL ASSETS£330,302.00
AmountDue
LIABILITIES(optional)
Liabilities £0.00
TOTAL LIABILITIES£0.00
TOTAL ASSETS LESS LIABILITIES£330,302.00|||
Designated
£5,500.00
£0.00
£0.00
£0.00
£0.00|
Restricted
Funds
£993.00
£0.00
£0.00
£0.00
£0.00||£1,215.00
£1,215.00
Total funds
£6,293.00
£150.00
£100.00
£120.00
£11,245.00
£17,908.00
£17,852.00
£9,628.00
£10,420.00
£12,000.00
£10,840.00
£11,648.00
£0.00
£72,388.00
£91,511.00
£0.00
£250,000.00
£0.00
£0.00
£250,000.00
£341,511.00
£0.00
£0.00
£341,511.00|Positionat
end of2023
£10,080.00
£150.00
£100.00
£120.00
£16,103.00|
||
£11,415.00||
£5,500.00|
|
£993.00||
£26,553.00|
||£1,215.00
||£0.00
|
|£0.00
||£1,330.00
|
||
£1,215.00||
£0.00|
|
£0.00||
£1,330.00|
||
£17,852.00
£9,628.00
£5,704.00
£12,000.00
£10,840.00
£11,648.00
£0.00||
£0.00
£0.00
£4,716.00
£0.00
£0.00
£0.00
£0.00|
|
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00||£17,399.00
£9,979.00
£10,326.00
£0.00
£0.00
£11,067.00
£10,410.00
£59,181.00|
||£67,672.00||£4,716.00||£0.00|||
|||||||||
||£80,302.00||£10,216.00||£993.00||£87,064.00|
||Value (optional)
£0.00
£250,000.00
£0.00
£0.00
£250,000.00||
|
|
||£0.00
£250,000.00
£0.00
£0.00
£250,000.00|
|||£250,000.00|£0.00||£0.00|||
|||||||||
|||£330,302.00|£10,216.00||£993.00||£337,064.00|
||
|AmountDue
(optional)
£0.00|Whendue
(optional)
||||£0.00|
|||£0.00|£0.00||£0.00||£0.00|
|||||||||
|||£330,302.00|£10,216.00||£993.00||£337,064.00|
7
## FUNDS & RESERVES
> General Funds (exci. Fixed Assets) £80,302.00 £0.00 £0.00 £80,302.00 £76,192.00 Tennis Court Renewal £0.00 £5,216.00 £0.00 £5,216.00 £5,122.00 Agreed Spend Decisions £0.00 £5,000.00 £0.00 £5,000.00 £5,000.00 Tennis Club Contribution to Courts Renewal £0.00 £0.00 £750.00 £750.00 £750.00 History Group Advance Payments £0.00 £0.00 £243.00 £243.00 £0.00 Fixed Assets Retained for Charity's Use £250,000.00 £0.00 £0.00 £250,000.00 £250,000.00
> TOTAL FUNDS & RESERVES £330,302.00 £10,216.00 £993.00 £341,511.00 £337,064.00
## NOTES
- 1 The CIO has no Endowment Funds and has no potential liability under guarantee outstanding. 2 There are no debts outstanding owed by the CIO and no liability secured by an express charge on any assets. 3 The valuation of the Buildings includes the Land and was done by Hunters for the land registration process.
- 4 The buildings valuation in the insurance policy is a rebuild valuation and Is £1.017m as of Nov 2019.
- 5 The UTB 20126670 bond matures Nov 2025 and UTB 20235680 matures Dec 2025. The CC Bank bond matures Oct 2026.
- 6 As of Jan 2022, the Asset Register suggests that the target level of reserves should be approx £137k.
- 7 The "Agreed Spend Decisions" designated reserve covers the eventual future purchase of the following items: Sit-on Mower (£5k).
- 8 The Tennis Club Restricted Fund is money is to be returned to Tennis Club if courts are closed and not resurfaced are closed and not resurfaced.
- 9 The History Group Restricted Fund is money from the closure of Terrington Arts to cover future History Group meetings.
8
TERRINGTON VILLAGE HALL AND RECREATION GROUND
(Charity number 1183854)
(Company registration number CE017804)
## FINANCIAL STATEMENTS
For the year ended
> 31ST DECEMBER 2024
## TERRINGTON VILLAGE HALL AND RECREATION GROUND
## Financial Statements
## Year ended 31 December 2024
|Contents||
|---|---|
|Trustees’ Annual Report|1|
|Independent Examiner'sreport|2-3|
|Approvalof theAccount|4|
|Receipt &PaymentAccount|5-6|
|StatementofAssets&Liabilities|7-8|
## Independent examiner's report on the accounts
## Section A Independent Examiner’s Report
Report to the trustees/ Charity Name members of TERRINGTON VILLAGE HALL AND RECREATION GROUND
On accounts for the year 31[st ] December 2024 Charity no 1183854 ended (if any) Set out on pages 1 to 4
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the period ended 31/12/2024.
As the charity's trustees, you are responsible for the preparation of the accounts in accordance Responsibilities and with the requirements of the Charities Act 2011 (“the Act”). basis of report
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent I have completed my examination. I confirm that no material matters have come to my examiner's attention in connection with the examination which gives me cause to believe that in, any statement material respect: the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records; or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed: Date:
Name: Arun Sharma
Relevant professional Association of Chartered Certified Accountant qualification(s) or
Address: ROOT ACCOUNTANTS, SANDOWN HOUSE, SANDBECK WAY, WETHERBY LS22 7DN
2
Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose.
3
TERRINGTON VILLAGE HALL AND RECREATION GROUND
## Charity Number 1183854
## Accounts to 31st December 2024
> The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.
> The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
> The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records
> and the preparation of accounts.
These accounts have been prepared in accordance with the provision applicable to companies subject to the small companies regime and in accordance with FRS 102 SORP.
Approval of the Accounts for the year ending 31st December 2024
> The report and accounts were approved at a meeting of the Trustees, held on
…................
Signed …....................................................
…....................................................
4
## TERRINGTON VILLAGE HALL AND RECREATION GROUND ACCOUNTS
26/02/2025
## Receipts & Payments Annual Report from Jan 1st 2024 to Dec 31st 2024 Unrestricted Funds
|Receipts
General
Room HireIncome
£14,095.00
GroundHireIncome
£1,263.00
Equipment HireIncome
£358.00
CarParkIncome
£1,181.00
FundraisingIncome
£5,397.00
BarIncome
£13,046.00
ofwhich isnon-primary
£8,062.00
Grants&Donations
£1,568.00
Interest &Dividends
£1,815.00
Banner Advertising Income
£0.00
OtherReceipts
£644.00
SubTotal £39,368.00
(Allfigures areto nearest£)
INCOME
Asset&Investment Sales
Equipment Sales
£0.00
Fixture &Fitting Sales
£0.00
OtherAsset &Investment Sales
£0.00
SubTotal £0.00
TOTAL INCOME
£39,368.00
EXPENDITURE
DirectCosts
CostsforspecificHires
£0.00
CostsforspecificFundraisers
£4,485.00
BarStock Purchases
£7,752.00
OtherCostsforResale
£0.00
SubTotal
£12,236.00
Overheads
Heat,Light &Power
£5,304.00
Water
£574.00
Rates & CouncilServices
£42.00
Insurance
£1,349.00
IT
£196.00
Licenses &Subscriptions
£682.00
Cleaning
£3,979.00
Consumables
£731.00
Servicing,Maintenance &Repairs
£8,957.00
Professional Fees
£223.00
Advertising
£70.00
OtherOverheads
£516.00
SubTotal
£22,623.00|Receipts
General
Room HireIncome
£14,095.00
GroundHireIncome
£1,263.00
Equipment HireIncome
£358.00
CarParkIncome
£1,181.00
FundraisingIncome
£5,397.00
BarIncome
£13,046.00
ofwhich isnon-primary
£8,062.00
Grants&Donations
£1,568.00
Interest &Dividends
£1,815.00
Banner Advertising Income
£0.00
OtherReceipts
£644.00
SubTotal £39,368.00
(Allfigures areto nearest£)
INCOME
Asset&Investment Sales
Equipment Sales
£0.00
Fixture &Fitting Sales
£0.00
OtherAsset &Investment Sales
£0.00
SubTotal £0.00
TOTAL INCOME
£39,368.00
EXPENDITURE
DirectCosts
CostsforspecificHires
£0.00
CostsforspecificFundraisers
£4,485.00
BarStock Purchases
£7,752.00
OtherCostsforResale
£0.00
SubTotal
£12,236.00
Overheads
Heat,Light &Power
£5,304.00
Water
£574.00
Rates & CouncilServices
£42.00
Insurance
£1,349.00
IT
£196.00
Licenses &Subscriptions
£682.00
Cleaning
£3,979.00
Consumables
£731.00
Servicing,Maintenance &Repairs
£8,957.00
Professional Fees
£223.00
Advertising
£70.00
OtherOverheads
£516.00
SubTotal
£22,623.00|De
signated
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
|Funds
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£268.00
Restricted|Funds
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£268.00
Restricted|
|---|---|---|---|---|
||£39,368.00|£0.00||£268.00|
||
£0.00
£0.00
£0.00|
£0.00
£0.00
£0.00|
|
£0.00
£0.00
£0.00|
||£0.00|£0.00||£0.00|
||||||
||£39,368.00|£0.00|||
||£0.00
£4,485.00
£7,752.00
£0.00|£0.00
£0.00
£0.00
£0.00|
||
||£12,236.00|£0.00|||
||£5,304.00
£574.00
£42.00
£1,349.00
£196.00
£682.00
£3,979.00
£731.00
£8,957.00
£223.00
£70.00
£516.00|£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00|||
||£22,623.00|£0.00|||
5
|Asset&investment Purchases
NewEquipment
Other NewInvestment
SubTotal
TOTAL EXPENDITURE
NET OFRECEIPTS/(PAYMENTS)
TransfersbetweenTypesoffunds
Cash FundsAt Start OfPeriod
Cash FundsAt End Of Period|£1,422.00
£0.00
£0.00
£1,422.00
£12,000.00 £0.00 £0.00£12,000.00
£13,422.00 £0.00 £0.00£13,422.00
£48,281.00 £0.00 £0.00£48,281.00
(£8,913.00) £0.00 £268.00 (£8,645.00)
£25.00 £0.00 (£25.00)
£0.00
£20,303.00 £5,500.00 £750.00£26,553.00
£11,415.00 £5,500.00 £993.00£17,908.00|£1,075.00
£0.00
£1,075.00|
|---|---|---|
|||£32,988.00|
|||£5,137.00|
|||£0.00
£21,416.00
£26,553.00|
## NOTES
## 1 The CIO has no Restricted or Endowment Funds
- 2 The Tennis Club Restricted Fund is money is to be returned to Tennis Club if courts are closed and not resurfaced.
- 3 The History Group Restricted Fund is money from the closure of Terrington Arts to cover future History Group meetings.
- 3 The overall P&L figure for the year shows a loss of £8,647. However, £12k was moved into an investment bond during the year which is recorded (correctly) as an expenditure from a P&L perspective. That has skewed the overall figures giving the impression of an operating loss. Taking the £12k investment into account, the operating profit for the year is £3355.
6
TERRINGTON VILLAGE HALL AND RECREATION GROUND ACCOUNTS
26/02/2025
## Statement of Assets & Liabilities as at Year End 2024
## Unrestricted Funds
|StatementofAssets &Liabilitiesas
UnrestrictedFunds|StatementofAssets &Liabilitiesas
UnrestrictedFunds|StatementofAssets &Liabilitiesas
UnrestrictedFunds|atYear End|2024|2024|||
|---|---|---|---|---|---|---|---|
|£1,215.00
SubTotal
£1,215.00
(Allfigures areto nearest£)
ASSETS
Cash Funds
General
Barclays BankAccount
(£199.00)
BarCash Float
£150.00
DoorCash Float
£100.00
Treasurer’s Cash Float
£120.00
Barclays SavingsAccount
£11,245.00
SubTotal
£11,415.00
Other MonetaryAssets (approximateestimate)
BarStock (as at Dec2022)
Investment Accounts (approximateestimate)
M&GCharifund Account A(as at Dec 2024) £17,852.00
M&GCharibond Account B(as at Dec 2024) £9,628.00
M&GCharibond Account C(as at Dec 2024) £5,704.00
CC Bank Bond (as at Oct 2024) £12,000.00
United Trust Bank 6670 (as at Nov 2024) £10,840.00
UnitedTrust Bank(as at Dec 2024) £11,648.00
United Trust Bank 4.1% (as at Dec 2024) £0.00
SubTotal £67,672.00
TOTAL NON-FIXED ASSETS£80,302.00
FixedAssets RetainedforCharity'sUseValue (optional)
Land£0.00
Buildings(as atJan2020) £250,000.00
Furniture, Fixtures, Fittings £0.00
Other Equipment £0.00
SubTotal £250,000.00
TOTAL ASSETS£330,302.00
AmountDue
LIABILITIES(optional)
Liabilities £0.00
TOTAL LIABILITIES£0.00
TOTAL ASSETS LESS LIABILITIES£330,302.00|||
Designated
£5,500.00
£0.00
£0.00
£0.00
£0.00|
Restricted
Funds
£993.00
£0.00
£0.00
£0.00
£0.00||£1,215.00
£1,215.00
Total funds
£6,293.00
£150.00
£100.00
£120.00
£11,245.00
£17,908.00
£17,852.00
£9,628.00
£10,420.00
£12,000.00
£10,840.00
£11,648.00
£0.00
£72,388.00
£91,511.00
£0.00
£250,000.00
£0.00
£0.00
£250,000.00
£341,511.00
£0.00
£0.00
£341,511.00|Positionat
end of2023
£10,080.00
£150.00
£100.00
£120.00
£16,103.00|
||
£11,415.00||
£5,500.00|
|
£993.00||
£26,553.00|
||£1,215.00
||£0.00
|
|£0.00
||£1,330.00
|
||
£1,215.00||
£0.00|
|
£0.00||
£1,330.00|
||
£17,852.00
£9,628.00
£5,704.00
£12,000.00
£10,840.00
£11,648.00
£0.00||
£0.00
£0.00
£4,716.00
£0.00
£0.00
£0.00
£0.00|
|
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00||£17,399.00
£9,979.00
£10,326.00
£0.00
£0.00
£11,067.00
£10,410.00
£59,181.00|
||£67,672.00||£4,716.00||£0.00|||
|||||||||
||£80,302.00||£10,216.00||£993.00||£87,064.00|
||Value (optional)
£0.00
£250,000.00
£0.00
£0.00
£250,000.00||
|
|
||£0.00
£250,000.00
£0.00
£0.00
£250,000.00|
|||£250,000.00|£0.00||£0.00|||
|||||||||
|||£330,302.00|£10,216.00||£993.00||£337,064.00|
||
|AmountDue
(optional)
£0.00|Whendue
(optional)
||||£0.00|
|||£0.00|£0.00||£0.00||£0.00|
|||||||||
|||£330,302.00|£10,216.00||£993.00||£337,064.00|
7
## FUNDS & RESERVES
> General Funds (exci. Fixed Assets) £80,302.00 £0.00 £0.00 £80,302.00 £76,192.00 Tennis Court Renewal £0.00 £5,216.00 £0.00 £5,216.00 £5,122.00 Agreed Spend Decisions £0.00 £5,000.00 £0.00 £5,000.00 £5,000.00 Tennis Club Contribution to Courts Renewal £0.00 £0.00 £750.00 £750.00 £750.00 History Group Advance Payments £0.00 £0.00 £243.00 £243.00 £0.00 Fixed Assets Retained for Charity's Use £250,000.00 £0.00 £0.00 £250,000.00 £250,000.00
> TOTAL FUNDS & RESERVES £330,302.00 £10,216.00 £993.00 £341,511.00 £337,064.00
## NOTES
- 1 The CIO has no Endowment Funds and has no potential liability under guarantee outstanding. 2 There are no debts outstanding owed by the CIO and no liability secured by an express charge on any assets. 3 The valuation of the Buildings includes the Land and was done by Hunters for the land registration process.
- 4 The buildings valuation in the insurance policy is a rebuild valuation and Is £1.017m as of Nov 2019.
- 5 The UTB 20126670 bond matures Nov 2025 and UTB 20235680 matures Dec 2025. The CC Bank bond matures Oct 2026.
- 6 As of Jan 2022, the Asset Register suggests that the target level of reserves should be approx £137k.
- 7 The "Agreed Spend Decisions" designated reserve covers the eventual future purchase of the following items: Sit-on Mower (£5k).
- 8 The Tennis Club Restricted Fund is money is to be returned to Tennis Club if courts are closed and not resurfaced are closed and not resurfaced.
- 9 The History Group Restricted Fund is money from the closure of Terrington Arts to cover future History Group meetings.
8