**KINGSCLERE VILLAGE CLUB 1189234 ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025**
## **INDEPENDENT EXAMINERS REPORT**
**KINGSCLERE VILLAGE CLUB CHARITY 1189234**
**ACCOUNTS FOR THE YEAR ENDED**
**31 MARCH 2025**
**KINGSCLERE VILLAGE CLUB 1189234 ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025**
## **CONTENTS**
||**Page**|
|---|---|
|Statement of Financial Activities|1|
|Balance Sheet|2|
|Notes to the accounts|3|
## **KINGSCLERE VILLAGE CLUB 1189234**
## **ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025**
||**NOTES**|**UNRESTRICTED**
**FUNDS**||**RESTRICTED**
**FUNDS**||**TOTAL**||2023/24|
|---|---|---|---|---|---|---|---|---|
|**INCOMING RESOURCES**|||||||||
|Donations & Grants|1|£76||£5,429||£5,505||£ 74,322|
|Charitable Trading|2|£36,632||£0||£36,632||£ 30,005|
|Interest||£421||£0||£421||£ 297|
|Non-charitable trading|3|£9,647||£0||£9,647||£ 10,110|
||||||||||
|**TOTAL INCOMING**
**RESOURCES**||**£46,776**||**£5,429**||||**£ 114,734**|
|||||||**£52,205**|||
||||||||||
|**RESOURCES EXPENDED**|||||||||
|Booking & Accounts
Facility||£545||£0||£545||£ 670|
|Cost of Fundraising||£2,026||£0||£2,026||£ 2,098|
|Licences & Publicity||£1,612||£0||£1,612||£ 1,413|
|Caretaking||£3,544||£0||£3,544||£ 3,570|
|Insurance||£2,179||£0||£2,179||£ 2,090|
|Maintenance|4|£14,707||£0||£14,707||£ 9,489|
|Miscellaneous|5|£391||£0||£391||£ 1,829|
|Services|6|£10,466||£0||£10,466||£ 11,193|
|Tutor Fees||£8,805||£0||£8,805||£ 8,200|
|Projects/Capital
Expenditure||£0||£7,430||£7,430||£ 80,508|
||||||||||
|**TOTAL RESOURCES**
EXPENDED||**£44,274**||**£7,430**||||**£ 121,060**|
|||||||**£51,704**|||
||||||||||
|**NET**
**INCOMING/OUTGOING**
**RESOURCES**||**£2,502**||**-£2,000**||**£502**|||
|||||||||-£ 6,326|
|Funds brought forward||£52,751||£2,000||£54,751||£ 61,077|
||||||||||
|**FUNDS CARRIED**
**FORWARD**||**£55,253**||**£0**||**£55,253**||**£ 54,751**|
||||||||||
**1**
KING5aERE VILLAGE auB 1189234
AccouNfs FOR THE YEAR ENDED 31 MARCH 2025
STATEMEIIT OF ASSETS AND UABILMES 31 MARCH Z025
UNREsfRicfED
FUNDS
RESTRicfED I-"
FUNDS
CASH FUND5
TOTAL
2023124,
£ 28Wi
£0
£ 2881
Dep051t Account
£ 26,216
£0
£ 26.216
Cash In hand
£155
£0
£iss
£211
TOTAL CASH
AJNDS
£ 55,252
£0
£ 55252
E 54,751
OTHER mONARy
£0
£0
UablleS
£0
£0
£0
£0
CURRENT ASSErs
£ 55.252
£ 55,252
CURRENT AccouKr
2024 blf
£28.744
DEPOS ACCOUNT
Payments in
£51.840
CASH
2024 blf
Received
Banked
Cash Fn hond
2024 blf
Intèrèst
Year end
balanc•
£25,795
£421
E211
Payments out
£51,7(14
£1,562
£1.618
£155
Year end
balance
£26216
£28A81
These accounts have been prepared on a Receipts and Payment basis. in accordance with the Charity
Reporting and N£counting GuldancE 2013.
al No guarantee has been gtven by the CIO, where any potenttal liability undef the guarantee Is
outstanding at the date of the statement of as5et5 and liabilities.
bl There15 no debt outstarKling at the date of the 5tatemellt of 355et5 and liabillt5es which is
owed bythe CIO and which is secured by an express charge on any of the asset5 of the CIO.
Signed by two trustees on
Slgnature
Prlnt Name
e of approval
behalf of all the trustee5
SILkuyJ
Trustee I
Trustee 2
## **KINGSCLERE VILLAGE CLUB 1189234**
## **ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025**
## **NOTES TO THE ACCOUNTS**
|**NOTE 1 DONATIONS**
**AND GRANTS**|||||
|---|---|---|---|---|
||**Unrestricted**|**Restricted**|**Total**||
|BASINGSTOKE & DEANE BC|
£0|
£956|
£956|electric woks|
|GREENHAM TRUST|£0|
£4,404|£4,404|electric works|
|PARISH COUNCIL|£0|
£70|
£70|D-dayevent|
|MISC DONATIONS|£76|
£0|
£76||
|**TOTAL**|**£76**|
**£5,429**|**£5,505**||
|**NOTE 2**
**CHARITABLE TRADING**||
|**NOTE 3 NON-CHARITABLE**
**TRADING**||
|---|---|---|---|---|
|CLUBS|£2,739||LEASES|£5,991|
|LETTINGS|£10,037||FUNDRAISING|£2,863|
|LIBRARY LICENCE|£6,067||CAFÉ|£792|
|CLASSES|£17,789||**TOTAL**|**£9,646**|
|**TOTAL**|**£36,632**||||
|**NOTE 4**
**MAINTENANCE**|||**ADHOC**
**MAINTENANCE**||
|---|---|---|---|---|
|REGULAR|£1,356||ELECTRICAL|£2,681|
|ADHOC|£11,870||ROOF|£3,820|
|MINOR
IMPROVEMENTS|£660||FIREDOOR|£880|
|GARDEN|£821||FLOORING|£1,650|
|**TOTAL**|**£14,707**||DOOR ENTRY|£637|
||||INSURANCE
EXCESS|£250|
||||HEATING REPAIRS|£837|
||||OTHER|£1,115|
||||**TOTAL**|**£11,870**|
**3**
**KINGSCLERE VILLAGE CLUB 1189234**
## **ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025**
## **NOTES TO THE ACCOUNTS**
|**NOTE 5 SERVICES**|||2023/24|
|---|---|---|---|
|GAS|£6,017||£ 6,244|
|ELECTRICITY|£3,033||£ 3,641|
|WATER|£823||£ 758|
|BROADBAND|£592||£ 550|
|**TOTAL**|**£10,466**||£ 11,193|
|**NOTE 6 ELECTRICS**
**PROJECT EXPENDITURE**||
|---|---|
|DIGGING/FILLING ACCESS
TO CABLE|£300|
|3-PHASE METER
INSTALLATION|£991|
|ZONE METER
INSTALLATION|£6,000|
|ADDITIONAL WORK RE
LIBRARY|£139|
|**TOTAL**|**£7,430**|
## **NOTE 7 FIXED ASSETS FOR USE BY THE CHARITY**
The property at 35 and 37 George Street was given to the people of Kingsclere by the Holding family in 1921 to be a reading room and leisure centre. No value is placed on the property as an asset as the terms of the gift provide that, if ever disposed of, the proceeds should go to the Church.
## **NOTE 8 EXPENSES PAID TO TRUSTEES**
Expenses other than reimbursement of purchases made on behalf of the charity.
|**Trustee**|**Amount**|**Reason**|
|---|---|---|
|H. Andrew|£18|Mileage|
|Y. deSavigny|£18.90
|Mileage|
|S. Morris|£5.85|Mileage|
**4**
## **Kingsclere Village Club Treasurer Report to the Trustees**
## **- Year End 31 March 2025**
## **Independent Verifier Comments**
There were no issues that needed to be recorded on the Independent Examiners Report to the Charity Commission.
No recommendations were made.
## **Trading Income**
Trading income increased by £6 164 over the year ending March 2024.
Charitable trading shows an increase of £6 627 over the previous year, but there is an outstanding figure of £1700 for a yoga teacher which had not been invoiced. The lettings of the hall and therapy rooms continued to be buoyant. A new art class also brought in more income.
Non-charitable trading was £463 down over the previous year. We are looking at ways to boost our entertainments programme.
## **Grants**
Most of the grant income was for the Electrical Works project, which has been completed. There is no outstanding grant money in account.
## **Expenditure**
Maintenance continued to be the major expenditure; roof works, flooring and re-wiring the library accounted for most of this. The flooring costs covered works on the upstairs landing, damp proofing the space under the main staircase and emergency flooring in the hall. The hall floor had to be dried out and replaced, and the hall redecorated but this was almost all covered by insurance.
The cost of utilities fell slightly, and this is projected to fall further with our new gas and electric contract.
## **In Summary**
Money raised by charitable and non-charitable trading covered our costs, with a small surplus of £500. It was not necessary to take any money from reserves, despite the increased maintenance costs, but it does mean that little could be added to our reserve funds.
It is necessary for us to hold reserves in addition to six months running costs because of the likelihood of major repairs due the age and protected status of the building. The situation is carefully monitored and it will be necessary in future years to ensure these reserves are maintained at a suitable level. The active pursuit of grant funding to cover improvement costs will be vital to the continuing financial health of the Club.
In order to better manage our money, the decision has been taken to increase the amount held on deposit and reduce the balance in the current account.
Helen Andrew, Treasurer