CHARITY NUMBER 1189495 THE COMBERTON VILLAGE INSTITUTE TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
THE COMBERTON VILLAGE INSTrruTE REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2023 TRUSTEES Mrs. P.E.A. C¢x)k Mrs. V. Churchman (Treasurer) Mrs. A. Donnelly Mrs. M.E. Dymott Mr. A.B. Holllck Mrs. S. Hyde Mr. W.M. Lee Dr. 8.J. Mccabe (Chalr) Dr, J. Reed Mrs. S. Young CHARITY REGISTRATION NUMBER 1189495 PRINCIPAL OFFICE Comberton Vlllage Institute Green End Comberton Cambrldge CB23 7DY BANKERS CAF Bank Llmlted 25 Klngs Hlll Avenue Klngs Hill West Malllng Kent ME19 4JQ INDEPENDENT EXAMINER A.N. Cliffe Nlcholas Cllffe & Co. Llmlted Chartered Accountants Mlll House Mlll Court Great Shelford Cambridge CB22 5LD
THE COMBERTON VILLAGE INSTITUTE TRUSTEES. RepoRT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 TRUSTEES, REPORT Prlnclpal address The Charity's principal address Is: Comberton Vlllage Hall Green End Comberton Cambridge CB23 7DY Charlt•bl• purpose To provlde lelsure, recreatlonal and educatlonal facllltles for the resldents of Comberton and Its nelghbourhood. Prlnclpal actlvltl•s and publlc beneflt The Trust dellvers publlc beneflts by operatlng the vlllage hall efficlently, safely and to hlgh standards on behalf of the communltyi by developlng Its facllltles for the benefit of users and potentlal users; and by inltiatlng new communlty a¢tlvltles onslstent wlth our objectlves. The hall facllltles are avallable to all resldents of Comberton and Its nelghbourhood, Irrespective of oender, age, race, or polltical or religious persuaslon. The hall Is managed by Trustees who are all volunteers. They are asslsted by a cleaner, a eare-taker and an admlnlstrator, all part-tlme, Otherwise, all the operatlonal work Is carrled out by Trustees or contrartors employed to carry out speclflc speciallst tasks. Trustees and frlends (volunteers) work together to stage fundralslng events to augment the Income from lettlng charges. In partlcular, the Easter and Christmas Fabrs are very important and also serve to bring vlllagers together at these signlflcant tlmes of the year, Vlllage groups uslng the hall regularly are encouraged to pay a small afflllatlon fee annually which gives them reduced hlrlng rates. Vlllage residents also pay lower hire fees than non-vlllage hlrers. All individuals and groups must pay to hire the hall. In carrying out these actlvltles, the Trust has taken Into account the guldellnes on publlc beneflt laid down by the Charity Commission.
THE COMBERTON VILLAGE INSTITUTE TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 TRUSTEES. REPORT (continued) Principal a¢tlvities and public beneflt (contlnued) The Village Hall operates a weekly café, monthly Bingo, film screenlngs, and opera showln9S. These actlvitles are appreciated by many lonely individuals and communlty groups. The Trustees contlnue the long-establlshed traditlon of hosting a meal for the over- 65's In the vlllage. The Trustees also encourage and support many local group actlvltles for all ages. Trust••s The Trustees of the Charlty are as stated on page 2 of th15 report. Flnanclal r•port The trustees report a surplus of £13,06912022 - surplus £6,462) whlch was In Ilne wlth expectatlons. R•s•rve•' pollcy The charlty has a reserve for future expenses Includlng ongolng refurblshment and replacement of depreclatlng Items. Thls flgure includes sorne deslgnated expendlture: Upgrade the security system to Include a camera pointing towards the oll tank To meet ongolng runnln9 costs In case of unforeseen clrcumstances The Trustees have approved the above report and authorlsed the Chalr to sign It on their behalf. Dr B. J. Mccabe - Chair Date: 15 Ortober 2024
THE COMBERTON VILLAGE INSTITUTE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 I report on the accounts for the year ended 31 December 2023 set out on pages 6 to 9. Respectlve responglbllltles ol the Tru5tee6 and Examlner The charity's Trustees are responsible for the preparation of the accounts. The charity's Trustees consider that an audit Is not requlred for this year (under Section 14412) of the Charltles Act 2011 (the 2011 Act)) and that an Independent examlnatlon is required. It is my responslblllty to: examine the accounts under Sectlon 145 of the 2011 Act; to follow the procedures laid down in the General Dlrectlons given by the Charlty Cornmi55lon (under Sectlon 145(5)Ib) of the 2011 Act). and to state whether particular matters have come to my attention. Ba*1& of th• Independent Examlner's report My examination was carrled out In accordance wlth the General Dlrections glven by the Charity Commlsslon, An examination Indudes a revlew of the accountlng records kept by the charSty and a comparison of the actounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeklng explanatlons from you as Tmstees con¢ernlng such matters. The procedures undertaken do not provide all the evidence that would be requlred in an audlt. and consequentlally no oplnlon Is glven as to whether the accounts present a 'true and falr vlew, and the report 15 Ilmlted to those matters set out In the statements beltsw. Ind•pend•nt Examlner'• •tat•m•nt In connectlon with my examlnatlon, no matter ha5 come to my attention.. (l) whlch glves me reasonable cause to belleve that, In any material aspect, the requlrements to keep accountlng records in accordance wlth Sectlon 130 of the Art 2011,. and to prepare accounts whlch accord wlth the accountlng records and to comply wSth the accountlng reqU1MentS of the 2011 Att. have not been met,. or (21 to which, In my opinion, attentlon should be drawn In order to enable a proper understanding of the accounts to be reached. A.N. Cllffe Nicholas Cliffe & Co. Limited Chartered Accountants Mlll House Mlll Court Great Shelford Cambridge CB22 5LD Date: 15 October 2024
THE COMBERTON VILLAGE INSTITUTE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 Notes 31 De¢ernber 2023 31 December 2022 Totsl Total INCOMING RESOURCES Incomlng re50urceg trom generated funds Income from rentals Grants Donatlons Bank Interest èno other 40,493 37,217 2,667 130 200 559 Total Incomlng r•#ourc•s RESOURCES EXPENDED Cost of 9eneratlng fund• Property expenses 28,123 35,153 Governance costs Other resources expended 1,248 81 60 Total r¢$our¢¢• •xp•nd•d N•t r••ourc•• r•c•lv•dl{axp•nd•d), b•lng nat movem•rtt in fund• 13,069 6,462 RECONCILIATION OF FUNDS Total funds brought fotw•rd 708 TOTAL PUNDS CARRIED IIORWARD The notes on pages 8 and 9 form part of these fin8ntial statements
THE COMBERTON VILLAGE INSTITUTE BALANCE SHEET AS AT 31 DECEMBER 2023 2023 2022 Notes FIXED ASSETS Flxed assets 3,023 4,030 CURRENT ASSETS Debtors and deposlts Cash at bank 5,250 53,566 58,816 4,056 44,026 48,082 CURReNT LIABILITZES (6,062) 19,4041 Total n•t aAs¢ts R•pr•••nt•d bv: Unr••trlrt•d funds Lncome and general fund Designated fund Restrltted reserve fund 27,754 3,023 25.000 13,678 4,030 25,000 Total funds The financial statements were approved by the Trustees on 15 October 2024 and slgned on thelr behalf by: Dr8 M¢¢ab• (Ciialr) The notes on pages 8 aNd 9 fomi part of these financSal statements
THE COMBERTON VILLAGE INSTITUTE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 l. A¢countlng policies Basls of preparatlon The accounts (financial statements) have been prepared on the accruals basls, with items cognised at cost or transaction valve unless otherwise stated in the relevant notes to these accounts. The financlal statement5 have been prepared in accordance wlth the Statement of Recommended Practlce.. Accounting and Reportbng by Charities pparIng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republlc of Ireland IFRS 1021 Sssued on 16 July 2014 •nd the Flnanciol Reporting standard appllcable In the Unlted Klngdom and Republlc of Ireland (FRS 102) and the CharltSes Act 2011. The charlty constitutes a publlc beneflt entlty as deflned by FRS 102. Incomlng resour$ A15 Sncomlng resources are Included In the Statement of Flnanclal Actlvltles ("SOFA") when recelved by the charlty. Resources expended ExpendItU Is accounted for on an accrua15 basI5 and has been classified under headlngs that a99regate all cost related to the category. Where costs cannot be dlrectly attrlbuted to partiojlar categorles, they have been allocated to actlvltles on a basls conslstent wlth the use of resources. Taxatlon The charlty Is exempt from tax on Its charltable actlvltles. Flx•d •ss•ts Tanglble flxed assets are recorded at cost, less accumulated depreclatlon. Depreclatlon Is Charged at 25Wo on a reduclng balance basls. Fund a¢¢ountlng Unrestritted funds con be used In accordance wlth the charltable objectives at the discretion of the Trustees. A separate designated fund Is held for the potentlal replacement of flxed assets and an ure5trted fund for emergency expenditure.
THE COMBERTON VILLAGE INSTITUTE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 (cont.) 2. Trustees. r•muneratlon and beneflts There were no Trustees, remLbneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022. There were no Trustees, expenses pald for the year ended 31 December 2023. nor for the year ended 31 December 2022. 3. Tanglbl• flxed auet• 2023 2022 Colt Cost at l January 2023 8,536 8,536 Addltions Cost at 31 December 2023 D•prnclatlon At l January 2023 4,506 3, 163 Charge for year At 31 December 2023 Net Book Value 31 Dember 2023