Registered Ch*ty Nber 11877C6 INDIAN QUEENS VICTORY HALL Trustees, Annual Report and Accounts For the year ended 31 December 2025
INDIAN QUEENS VICTORY HALL Annual Report and Accounts for the year ended 31 December 2025 Contents Page Annual Report Legal and administrative infomation Annual Review 6&7 Independent Examiners, Report ReiptS and Payments Account Statement of Assets and Liabilities 10 Notes to the Accounts Page 2
INDIAN QUEENS VICTORY HALL Annual Report for the year ended 31 Dernber 2025 Legal and administrative infonnation Legal Status The Trust is a Registered Charitable Incorporated Organisation (CIO) - number 1187709, and was first registered on the 3rd February 2020. Previously, the Hall was managed under an unincorporated Charity- number 1110642. The necessary legal work was completed during the previous year to transfer the assets of this Charity to the CIO and on the 30th November 2021 the two Charities were merged. Charity 1110642 has now been moVed from the Register of Charits'es. Objects The provision of a village hall for use by Ial organisations and residents. Management Committee and Trustees The following Trustees held Offi during the year ended 31 December 2025.. Margaret Boundy Nicola Brady Bridget Bullock Karen Crane Jamie Gill David Hearl Pamela Ould Brian White . Secretary - Chaiman - Treasurer The Constitution defines the rules applicable to the appointment and removal of Trustees in dauses 9 and 10. Clause 12 defines the rules in respect of the Trustees delegating their powers and fvnction to committees. The Constitution is available on the website https:Ilindianqueensvictoryhall.squarespace.com. Page 3
INDIAN QUEENS VICTORY HALL Annual Report for the year ended 31 December 2025 Continued In addition to the TrUSts. the Management Committee members as at the 31st Dernber 2025 were: Trevor Crane Marlene Wakely Sara Bullock Zoe Green Nigel Henwood Mary Rickard Fransca TblIcock Tanya Wlliams Public Benefit As a Charitable Trust, the Trustees have an obligation to the Itxal community to provide a public benefit and this obligation is paramount in the management of the Hall. The Trustees maintsin the Hall to a good standard, and hold letting rates down as long as possible, taking account of the cash reserves policy. By their actions the Trustees feel that they are complying with their duty to provide benefit in accordance with the guidan given by the Charty Commission. They conts'nue to explore other ways of providing the required beneffts. Risk Management The Trustees recognise that they are under a legal obligation to protect the building, its users and employees through adequate and appropriate insurance. The Trustees have not identffied any uninsured major risks to which the Charity is exposed. Reserves Policy The Trustees aim to maintain free reser¥es of 6 months of nomal gross expenditu. Page 4
INDIAN QUEENS VICTORY HALL Annual Report for the year ended 31 Dernber 2025 Continued Principal Address Indian Queens Victory H811 St Francis Road Indian QUnS St Columb Comwall TR9 6QN Registered Charity number 1187709 Bankers Unity Trust Bank Santander Solicitors Nalders Farley House Falmouth Road Truro Comwall TR12HX Independent Examiner J H Anderson-Riley FCA Comwall Page 5
INDIAN QUEENS VICTORY HALL Annual Review for the year ended 31 December 2025 The Trustees present their Annual ReFK)rt and Aixx)unts for the year ended 31 December 2025. Chairman's Review of Activities l am pleased to rep)rt that the past year has seen a continued high utilisation of the Hall, with bOOn9 levels very similar to the previous year. Regular user5 of the hall conts'nugj to include Bingos, Yoga, Keep Fit classes, the NHS, warious Training rdated organisations, the Post Office, the Indian Queens PantOm1r Society. Craft workshops. Coffee mmings and Band practices, as well as private birthday parties. Also. during the year there We VJ Day celebrations. Indoor Markets and a Wreath Making dass. The Truslees and the ManagerrEnt Commrttee have worked together to ensure that the planned improvements and refuthshments to the hall continue. As mentioned in the previous yearfs report, the maintenance programme for this year induded Ihe replrnent of both extemal and intemal dwrs. Impn)vements to the Anti Room and many other smaller improvements. Continued grant support from the Lottery. the Comwall Communty FouThlation and this year ACRE, has helped signtficantly to prowde Yoga dasses and a number of adult care related acaimties and to assist wrlh on*(xng improvements in the hall. The )ming year should see the current level of activrties continuing, wrth forward bookings looking encouraging. Financial Perforniance The financial statements are induded at pah3es 9 to 13. Imth gross cash receipts of £21,141 (2024.. £30.1471 and cash payments of £22.24412024 £15.703j. the year ended with a deficit of £1.10312024 surplus £14.444). ReIPtS for the year, at £21. 141. were £9.0061(pwer than the preiouS year. Gr8nt$ and donations. at £4,797. We £7.669 lower and hall bookings were £891 lower last year. Page 6
INDIAN QUEENS VICTORY HALL Annual Review for the year ended 31 Dernber 2025 Continued Financial Perfomiance Continued Payments, at £22,244 were £6,541 higher than last year. due to expenditure on repairs. maintenance and renewals, of £13.622, which was £8.072 higher than the previous year. The main expenditure was on replament extemal and intemal doors. modifications to the Anti Room and improved lighttng and heating controls: £2.440 beiNJ funded from grants Cash balanS at the year•end arrKunted to £77.302 (2024.. £78.405). of whith £5,934 is held as restricted funds wjainst unexpended balan of grants recei4d for SpfiC purpws. The acMUlated cash balan at the yearnd incjude £702 (2024.. £936) in respect of fLrture hall hire. The Chanty is in a sound finala1 Po"0n with the &qsh balance induding a Free Reserve of £12,000 and a speafic Property related reserve of £45.000. Acknowledgements Thanks go to all the TNstees and members of the managemenl committee for their conlributions, espeoally as Heather and I moNed out ofthe village during the year and no longer look after the day-ldaY management and deaning. I SFafically thank Karen and Trevor Crane for largely taking on this role. In addition, I would like to thank.. Karen Crane for her continued efforts in obtsining grants for the Hall. Jamie Gill and TreK)r Crane for the maintenance wor Penny Tippett for organising the Indoor Markets. Davld Heal Chairman Zo/L A/ JSo3 Page 7
INDIAN QUEENS VICTORY Fi4LL Charity No. 1187709 Independent Examinerfs Report To the Tnjstees of Indian Queens Wictory Hall Trust I report on the 8cctyJnts of th8 Chaiity forthe year ended 31 Dxember2025 are set (Mjt on pages 9 to 13. Resp•¢t1 r•sponsibilits•• of TrU3t• and Ind•p•rtdt Exft¥n•r The Charrty's Trustees are respObIe fr>r the WeParati ol Ihe actounts. The Charity's Trnstees Cp)Mider that an audit is not required for thys y Lrtl¢r $4¢kn 144121 of th• A¢1 2011 that indep examinatK)n is needed. 11 wptsnsibilty to.. ¢xaffNnè thè ethnIs ufidtr S•Citin 145 d tho crrIlS Ad 2017 to foll ihe prccedures laid d¢Mn in Ihe neral given ty the Chaty C(¥nmission under section 145151{bl of Ihe 2011 Ad to state vthether paitygjkqr hw? m to •tt•riiK Ba•1• of Ind•p•nd•nt Examin•rf¥ R•port My examinatKJn was c4med out in KCOrd wth the gerwd &rKons given ty the Chaiity ComNssioners. An examtnatKJn irtludes a review ofthe ac£ounkn"ng records ke0 ty the Charty and a comparison of the accounts presentad with those records. It also IndjeS cOKlera1>n of any unusual items or disclosures in t ounls, and the kIng of •xplanatiorva frDm as Trustees co•m1n9 Any SL mBttw5. The prccedur undertaken do nol provhl• all th• •vthr thatk1 b• rnguirnd in an aLwJrt and Ih•rèforè tonwuentty no opinion is as to whether the accounts presenl a Inje and fairf and the rew1 i8 limrted to thos& matters s•t out in the stslement bekhv. Ind•p•nd•nt ExamIn9 Statw In connecaion with my examinalion. M malter ho9 Corn¥ to att•ntth'. lal wthic give5 me rnble caus• tts bdi襕 thal in ary material r&spect th• r•quir•m•nts.' to keep a¢oun"ng rncords in ac£o(dance *7th bon 130 of the 2011 A< and lo prepafe xcounts xc4xd vthh the apxuntYwJ rw)Jrds and cirfnpty tmth Ihe requirements ofthe 2011 Act, he not boen rneL Ibl to Trlthth. in my opinion. atten1K sIwj b¢ dr•wn in ord•r to •nOO • pmwr undtand1r& of th ounts io r•a¢h•d. J H Ande(IkY FCA 2zhJ 4JAL 20 L( Page 8
INDIAN QUEENS VICTORY HALL Receipts and Payments Account for the year ended 31 December 2025 2025 Notss Unrestrktod R•strictod 2024 Total Totsl Re¢elpts HI of Hall and Equipment Grants and Donations Fundralslng, Acfvies aThJ Evems Income trom Solar Panels Inlefesl Sundry Receipts 11.347 607 2.287 1.391 1.311 11,347 4.797 2.287 1,391 1,311 12,238 12.466 2.876 1,239 1.324 41 Total Relp1S 16.951 4,19) 21,141 30.147 Paymfrnts Repairs, MaIntenar and renewa Lightsng and heating Water charges Insurance Fundraising, ktsvib# arNJ Events Administration expenses Grants and Donations Bank charges 11,722 2,545 667 13,622 2.545 5,550 2,609 678 1.603 4,149 1.043 1.645 2.645 1.038 2645 1.038 82 71 17,699 4.545 22,244 15,703 Net of Recelpts and Payments for tho Year 1748) 1355) {1.103) 14.444 Transfers beh%wi Funds 10 {2,583) Cash Funds at 1 January 69,532 8.873 78,405 63.961 Cash Funds at 31 December 71.367 5.935 77,302 78,405 Page 9
INDIAN QUEENS VICTORY HALL ststement of Assets and Liabilities at 31 Dernber 2025 Notes 2025 2024 Cash Funds Current Account - Santander Current Account - Unity Trust Bank Deposit Account - Santsnder Savings Account - Unity Trust Bank Cash in Hand 717 19,264 16 57,029 276 5,491 16.904 16 55,718 276 As per Receipts and Payments Aoxunt 77.302 78,405 Other Current Assets and Libilities Debtors Receipts in Advan for Hall Hire and Events 770 (702) 928 (936) Net Current Assetsl(Liabilities) 68 {8) The posttion of Current Assets and Liabilities is shown for infomiats'on only and is not included in the receipts and payments account. The financial statements on pages 9 -13 were approved by the Trustees on the 2026 and signed on their behalf by.. David Hearl - Chainnan of Trustees Brian White - Treasurer Page 10
INDIAN QUEENS VICTORY HALL Notes lo the Accounts for the year ended 31 December 2025 1. Basls of Accounting a) In acoxdance with Chanty Commission Regulations, the Trusl is not required to prepare accounts on Ihe Accruals Accounting bags as the Trust's gross income falls below the minimum Ve1 required. These accounts have therefore been prepared on the Recyipts and PayThents tSiS. This methc#J of reporting takes account of the movement in cash balartes cfflty aryj does not indLb* tharoes to other net rrent assets and liablities. bl Cash received in respect of r(K)m tx)okn'r¥Js. IdIrj athian, is recognised as Hall Hire receipts vknen the Gash is received. C) Receipts and payynents h respe of communty event$ recognlsed In thè accounts when the cash is receFved or paid. d) Other payments are re(wnised in the acc(wnts payment is made. e) Grants and donalions are recognised in the YjntS recetved. 2. Dobtor8 Debtors refieci amounts (yed for Hall outstandiThJ at the end. 3. Receipts In Advance Receipts in Advance reflect cash received Hall Hire and Events Ki the folkMing financial year. 4. Fundraising, Activities and Events Receipts nrnstricted PaymeNs from Reslnthd Un 1,520 453 220 227 200 2.620 2025 Yoga dasses VJ Day Indoor Markets Wreath Making Other events 1.481 72 407 18 2.287 25 25 2024 2.876 3.772 377 Page 11
INDIAN QUEENS VICTORY HALL Notes to the Accounts for the year ended 31 December 2025 Continued 5. Assots Assets hekl by the Trust are vrfitten off in the year of experK*ture. 6. Movemènt in Funds Net Movement Asat 31.12.25 01.01.25 Unrestricted Furvjs General 69,532 1,836 71.368 Restricted Funds Lottery Communlty FurKI (2) ACRE Comwall Communty Lithium 8.873 (3.719) 5.154 780 5.934 8,873 (2,939) Total Funds 78.405 {1.103) 77,302 Nel movement in funds induded in the above are as foH(Ms'. Net ments Transfers Movement Unrestricted Funds General 16.951 17.698 2,583) 1,836 Restricted Funds Lottery Communty Fund (2) ACRE Comwall Communty Lithium 1.926 1,793 {3,719) 1.750 720 250 780 4.1 4.546 2,583 2,939 Tolal Funds 21,141 22,244 {1.103) Page 12
INDIAN QUEENS VICTORY HALL Notes to the Accounts for the year ended 31 Dernber 2025 Continued 7. Admini8tratlon expen8 2025 2024 Telephone & broadband Website PRS licence Other 433 173 173 228 102 128 8. Grants and Donallon8 The fOllftg grants and donations we received". 2025 2024 Grants.. Comwall Communty Lrthmim Parish CourK¥I Lottery Communty Fund (2> ACRE 1.750 11,448 DatiOnS 607 4,797 418 12,466 9. Trnnsferj between Funds Grants vthich are treated as reslricled fijnds often incjude a contribution lo administrati costs and in some instances, cover for hall hire fees vthen there are dasses ¢x events involved. The transfers beh¥een fuThJs recognises these contributions towards hall running 10. Tustees During the year ended 31 Decernber 2025 there were rK> tranlionS vath related parties (2024.. none). None of the Trustees received ary remuneralion for their serViS io the Trust durirvJ the year.12024.' Nil). Page 13