OpenCharities

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2024-01-31-accounts

ObjectivesandActiviti es
SORP reference
Summaryofthepurposesof Para1.17 Theprovisionandmaintenance of a village
the charity as setoutinits hall fortheuse oftheinhabitantsof
governingdocument Grundisburghandits neiEhbourhood
without distinction ofpolitical, religiousor
other opinions, includinguse for:
(a)meetings, lectures and classes, and
(b)other forrnsofrecreation and
leisure{imeoccupation,withthe
objectofimprovingthe conditions of
lifefortheinhabitants.
Summary ofthemain
activitiesin relation to those
Para1.17 and
1.19
The chari$ has viatheprovisionofthe
villagehallfacilities benefited awiderange
purposes forthepublic ofuser clubs and the generalpopulace of
benefit, in particular, the Grundisburgh andtheneighbouring areas.
activities,projects or
servicesidentifiedinthe
accounts.
Statement confirming Para1.18 Thetrusteeshave had regard to the
whetherthetrusteeshave guidanceissued bytheCharity
had regard totheguidance Commissiononpublic benefit inadvance of
issued bytheCharity becoming operational.
Commissiononpublic
benefit

SORP reference
Summary ofthemain Thecharity continuestoreach out toa
achievementsofthecharity, widerangeofusergroupsand interested
identifyingthedifference the
charity's workhas rnade to
Para1.20 parties withinthelocal communities
allowing themtobenefitfromthe
the circumstances ofits
beneficiaries and anywider
availabilityoffacilities the charityprovides.
Aswellas providingmuch needed facilities
benefits to society asa tothe communityitalso strivestomake
whole. theseas affordableaspossible and to
enablecertain members ofthelocal
communitytoenjoyuse of much needed
facilitieswhen theymightotherwisebe
unable to doso.
The charityisfocusedonensuringan
adequatelevelofrevenue to cover ongoing
expenditureand allowfor alevelof
reserves to offsetdeprecation on itsmajor
asset, theVillageHallthusmaxirnisingits
benefit to the community.
Achievementsagainst Para1.41
objectivesset
Performance of fundraising
activities against objectives Para1.41
set
lnvestmentperformance Parc1.41
against objectives
Other

FinancialReview
Review ofthecharity's Para1.21 The charityhascontinuedtooperate fromits
financialposition at the end newVillageHallsitegenerating income of
oftheperiod t54,080(2023:t43,600).
Thecharity generatedadeficitoff20,930
(2023:f.41,784)whichisconsideredan
appropriate resultfor thecharityespecially
given thelevelof depreciation on thenewly
builthall.Excluding depreciation,thecharity
generatedasurplusoff31,471(2023:
r1o,60e).
Asat31January 2024thecharityhad
reseryesoff878,707ofwhicht624,669
wererestrictedfundsandt254,038were
unrestricted funds.
Statement explaining the Para1"22 Thecharity seeks toensureit holds
policyforholding reserves sufficient cashreservestocover the timing
statingwhytheyareheld ofincome andexpenditureandtoprovide
funds to cover repair and maintenance
costs oftheprimeasset(thevillagehall)as
they falldue.The charityisalsomindfulof
thepotentialforadditionalfurthercapital
expenditurein relation tothebuilding.
Amount ofreserves held Para1.22 Thecharitycurrentlyholdsnetcurrent
assets off76,110(2023:t44,38g)
Reasonsforholding zero Para1.22 NIA
reserves
Details offundrnateriallyin ?ara1.24 N/A
deficit
Explanation of any Para1.23 N/A
uncertaintiesaboutthe
charity continuing as a going
concern
Bookingsforuse ofthecharity'sfacilities
The charity'sprincipal (theVillageHall)
sources offunds(including Para1.47
anyfundraising)
lnvestmentpolicy and
objectivesincluding any Para1.46
socialinvestmentpolicy
adopted
A description oftheprincipal
risks facingthecharitY
Para1.46 Anysignificant downturn inHall bookings
thoughnotcurrentlyanticiPated
Other

tructure,Governance andMan agement
Description of charitY's
trusts:
Typeofgovemingdocument Para1.25 Constitution(Association model)
(trustdeed,royal charter)
Howisthe charity
constituted?
Para1.25 Charitable lncorporatedOrganisation(ClO)
(e.gunincorporaterJ
association,Cl0)
Trustee selectionmethods
t.z3 Membership ofthe CIOis oPen toa
including details ofanY
constitutionalprovisions e.g
election topostornameof
anyperson orbodYentitled
toappointone or more
trustees
Regular User and totheParishCounciland
Parochial Church Council(as such
expressionsaredefinedinclause30 of the
constitution), andwho,by applyingfor
Ivlembership, has indicatedhis,herorits
agreementtobecomeaMember and
acceptance ofthedutyofftlembers.
AMember may beanindividual or an
individual representing anorganisation
whichis or intendstobeaRegular Useror
anindividualappointedbytheParish
Council ortheParochialChurch Council.
Trusteesareelectedbythe Membershipat
anAnnual GeneralMeetingwithupto10
Trusteesallowedtostandatany onetime'

ReferenceandAdminis trativedetails
Charitvname GrundisburghVillageHall
Othername thecharityuses
Registeredcharity number 1190693
Charity'sprincipaladdress GrundisburghVillageHall
lpswichRoad
Grundisburgh
Woodbridge
Suffolk
IP13 6US
Trusteename Office (if any) Datesactedifnot for whole
year
Nameof person (or body) entitled
to appoint trustee(ifany)
1 BryanLaxton Chair
2 ChrisDow Grants
3 JohnEllerby Treasurer
A David Keates Events
5 Carol[VcConnell-
Theobald
Communications
6 Graham Seabrook Operations
7 Helen Stewart Bookingssecretary
B Joel Tatham IT
Karen Tatham Secretary
10
11
12
13
14
15
16
17
1B
19
20
Funds heldascustodian trustees onbehalf of others Funds heldascustodian trustees onbehalf of others
Description oftheassets N/A
held in thiscapaci$
Name and objects of the NIA
charity onwhosebehalf the
assetsareheld and how this
fallswithin thecustodian
charity'sobjects
Details of arrangementsfor NiA
safecustodyand
segregationof such assets
fromthe charity'sown
assets

Namesand addresses of ad visers(Optiona
Typeof Name Address
adviser

Page
Reference andadministrative details 1
Report oftheTrustees 2to3
lndependentExanriner'sReport 4
Statement ofFinanciaiActivities 5
Balance Sheet 6
Notes tothe FinancialStatements 7to14

Unrestricted Restricted Total Total
Funds Funds 2424 2023
Notes 2424t 2024t L L
lncome from:
Donations 2 4,344 240 4,584 11,740
Charitableactivities 4 39j32 10,036 45,167 31,817
lnvestments 6 329 329 44
Total Income 43,844 14,276 54,080 43,600
Expenditureon:
Raisingfunds 150 150 2,197
Charitableactivities 22.459 22.459 38,794
Total expenditure 6 22.649 22.649 a?001
LLr:!:!-:-
Netincome before 21.195 10.276 31.471 10.609
investment gains
Depreciation (52,401) t52,4A1) (52,3s3)
Transftrbetween (20,000) 20,000
funds
Net Movementof 1.195 (22.125|{20,930) t41,784)
Funds
Reconciliationof
funds:
Totalfundsbrought
252,M3 646,794 899,0U e41.421
forward
Totalfundscarried
fonrard
284-A3q6e4-669 wlJ}t 899-437
2424 2023
Notes E f
Fixedassets
Tangibleassests 10 802.597 855.248
furrentAssets
Cashatbank andin 7017L 68,203
hand
Prepayments
Receivables
TotalCurrent
1,330
1a)2
9.2q)q
2.904
71,106
Assets
Creditors: arnounts
duewithinoneyear 14 {6,415) (.26,717|
Netcurrentassets 76.110 44.389
Netassets 878JLZ 899-637
Funds
Unrestrictedfunds 254,038 252,843
Restricted funds 12 624.669 646.794
1a il_aJga 899-632

onations
2424
t
2023
f
Donations andgifts 4,584 11,740
Prior yearadjustment
Totaldonations 4-584 11JAg

Charitable activities 49,167 31,817
Prior yearadjustment
Total charitable activities 49J-62 il*gl_Z

vestments
2024 2423
f f
lntereston cashdeposits 329 M

xpenditure
Other
Costs
e
Governance
e
2024
g
2423
t
Rasing Funds
Fundraising
150 150 2.197
Gharltableactivities
Maintenance 4,706 4,706 1,019
Electricity andgas
Watercharges
1,426
518
1,426
518
1,491
297
Cleaning 3,104 3,104 2,476
PRS
Gardening 1,354 1,354 13,095
Treasurers expenses
Licencesandnotices 534 534 372
Decoration 1,114 1,110 398
AG[t/expenses
Businessrates
199 .100 407
lnsurance 1,219 1,219 1,152
lndependentexarnination fee (160)
Broadband 572 572 550
CommunityFund 489 489 89
Website 525 525
Equipment 229 229 439
ChargingPoints
ProfessionalFees
173
774
173
774
259
7la3
Other 5.528 5,528 1,809
Adrninistration
22.459 22.459 3A.794
Total expenditure n-099 22.649 u"991,

Governancecosts
2024I 2023
f
Trusteeexpenses
AGlVlexpenses
lndependent examinationfee (160)
-: {160j

ngible fixed assets
FixturesLandand
&Buildings
Fittings
e
Total
2A24f
Cost
Balance asat1February 2023
121,738 785,903 947,641
Prior yearadjustment
Additionsintheyear
Disposals
QsA) (250)
Balancea131 January2024 121.738 785.653 907.391
Depreciation
Balance asat1February2A23
14,764 37,633 52,393
Chargefor theyear 14,767 37,634 52,401
Balance at31January2024 29,52 75.268 104.79s
Netbook value
Asat31January2A24 92.211 7{0_386 802_597
Asat31January2023 105,978 748,270 855,248

itors: arnountsfallingduewithinone year
Total Total
2424 2423
g E
Accruals 9,413 2611I:

BalanceatI lncome Balance at
February inthe Expensesin 31
Asat31January2A24 2423t yearf the yeart January
2024
g
Restrictedfunds wJs{ 3s-?Js, 524p1
624-fi89

Analysisofnetassets
Tangible
fixedassets Current Current
Asat3tJanuary2024 assetsI liabilitiest Total
E
Restrictedfunds 802,597 (177,928) 624,669
Unrestrictedfunds 240.453- (0.415) 25,4.038
Totalfunds gaaIgz 8e525 {6-{15} wJel
Tangible
fixed Current Current
Asat31January2023 assetst assetsI liabilitiest Total
Restrictedfunds 855,248 eA8$54) 646,794
Unrestrictedfunds 27-9"560 {?6.717) 252.843
Totalfunds 85t248 zel.06 T26J17) e99*637

Report to thetrustees/ GrundisburghVillageFlall
membersof
0naccountsforthe year 31January2A24 Charity no t190693
ended (ifany)
Setout onpages 1and2