JACOBS WELL VILLAGE HALL Unaudited Accounts and Annual R8 30" JUNE 2024 istered Chari Number: 1191558 Power,, numbers POWER IN NUMBERS LIMITED Chartered Certified Accountants 3 Kitsmead Lane, Longcross. Surrey. KT16 OEF Page 1 JACOBS WELL VILLAGE HALL CONTENTS Administrative Details Trustees Report 34 Independent Examinerfs Report Statement of Financial Activities Balan￿ Sheet Notes to the Accounts Page 2 JACOBS WELL VILLAGE HALL Address Jacobs Well Road Jacobs Well Guildford Surrey GU4 7PD Charity Registration Number 1191558 Bankers Metro Bank Independent Examiners Power In Numbers Limited Chartered Certified Accountants 3 Kitsmead Lane Longcross Surrey KT16 OEF Page 3 JACOBS WELL VILLAGE HALL REPORT OF THE TRUSTEES The Trustees present their report and accounts for the year 30 June 2024. The objectives are to be a centre for the benefit of the inhabitants of Jacobs Well and the neighbourhood thereof. Trustees Throughoul the year ended 30" June 2024 and to the date of this report (unless otherwise stated} the following acted as Trustees.. David Capon Robert Clark Jeffery Dubery George Davison-Lungley (retired at AGM ) Trustees are appointed by the existing trustees or at the Annual General Meeting. Princi al Goals and Activities of Jacobs Well Villa e Hall Jacobs Well Village Hall exists to maintain and operate the Jacobs Well village hall. Our objective is to a￿ as a community centre for the benefit of the inhabitants of Jacobs Well and the neighbourhood thereof, without distinction of sex, race or of political, religious or other opinions, and in particular to be used for meetings, lectures, classes, and other forms of recreation or leisure-time occupation. Achievements and Performance Review of Activities The Jacobs Well Village Hall CIO has completed its first year of trading, having taken over operations of the Village Hall from the Jacobs Well Village Hall Trust (JVWHT) in 2023. During the financial year, we have invested further capital expenditure on repairing and resurfacing additional areas of the Car Park and maintained our general hall maintenance schedule. At our AGM, George Davison-Lungley stepped down as a trustee, having completed his tenure. Dave Capon and Robert Clark were re-elected to ensure consistency during the asset transfer between the JIWHT and the CIO. In addition to our normal operations, the Trustees of the CIO have continued to build on our working relationship with Spotless Water, who provide an additional revenue stream for the Village Hall, and we are looking at applying for community funding to support our Solar PV project, which will include the installation of an EV charging station. Small Com anies exem tions This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. The report was approved by the trustees on 15th April 2025 and signed on their behalf by: DAVID CAPON (Trusteelchairman) Page S JACOBS WELL VILLAGE HALL Inde endent examiner's re ort to the trustees of Jacobs Well Villa e Hall I report to the charity trustees on my examination of the accounts of the Company for the th year ended 30 June 2024, which are set out on pages 6 to 9. Responsibilities and basis of report As the charity's trustees of the Company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ("the 2006 Act"). Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ("the 2011 Act"). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act. Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that= accounting records were not kept in accordance with section 386 of the Companies Act 2006. or the accounts do not accord with such records; or • the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination., or .the accounts have not been prepared in accordance with the Charities SORP (FRS102) N Robinson FCCA, MAAT Power In Numbers Ltd Chartered Certified Accountants 3 Kitsmead Lane, Longcross, Surrey, KT16 OEF 15. April 2025 Page 6 JACOBS WELL VILLAGE HALL STA TEMENT OF FINANCIAL ACTIVITIES Ilncluding the Income and Expenditure account) FOR THE YEAR ENDED 30th June 2024 Notes 2024 Total Unreslricled INCOMING RESOURCES Activities for generating funds Regular Hall Hiie Ad Hoc Hall Hire Other income 41,152 14,140 12,608 67.899 RESOURCES EXPENDED Costs ofgenerating funds Water ¢osls Licencing 5,860 1.059 6,918 Charitable Expenditure Premises cctsts Independent Examiners. Fee Other admin costs 45.478 2,720 1,118 49,317 TOTAL RESOURCES EXPENDED NET INCOMINGI OUTGOING RESOURCES Net incomellexpenditurel for the year 11,666 Balance transferred from JWVHT Balances carried forward at 30th June 2024 Paga 7 JACOBS WELL VILLAGE HALL BALANCE SHEET at 30th June 2024 Notes 2024 Fixed Assets Tangible assets 969 Current assets Cash and bank balances Debtors 55,580 13372 68,952 Creditors: amounts fallin within one due ear Credrtors and accruals 2616 Total assets less current liabilities 66,337 Total net assets 67 305 Re resented b Funds of the Charit Restricted General Fund - Unrestricted 67,305 The company Is entitled to exemption from audit under section 477 of the Companies Act 2006 for the year ended 30th June 2024. The members have not required the company to obtain an audit of Its financial statements for the period ended 30th June 2024 in accodance 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. Accounts approved by the Board on 15 April 2025 and signed on its behalf by: David Ca on Page 8 JACOBS WELL VILLAGE HALL Notes to the Accounts For the ear ended 30th June 2024 8asis of accounting These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notelsl to these accounts. 1.1 The accounts have been prepared in accordance with.. the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1051 issued on 16 July 2014 the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102. 1.2 Change of accounting poliry The accounts present a true and fair view and the accounting policies adopted are those outlined above. 1.3 Changes to accounting estimates No changes to accounting estimates have occurred in the reporting period. 1.4 Material prior year errors No material prior year error have been identified in the reporting period. 1.5 Recognition of income -These are included in the Statement of Financial Activities ISOFAI when: the charity becomes entitled to the resource5,' it is more likely than not that the trustees will receive the resources. and the monetary value can be measured with sufficient reliability. 1.6 Offsetting - There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted bythe FRS 105 SORP or FRS 105. 1.7 Grants and donatlons - Grants and donations are only included in the SOFA when the general income recognition criteria are met. In the Case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the Performan￿ related conditions are met. 1.8 Legacies - Legacies are included in the SOFA when receipt is probable. that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met. 1.9. Llablllty recognltlon - Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Page 9 JACOBS WELL VILLAGE HALL Notes to the Accounts for the ear ended 30th June 2024 2 Fixed assets Cost of additions in year Cost of depreciation in year 1,211 -242 Net book value @ 30th June 2024 969 3 Debtors.. Amounts fallin due within one ear 2024 Deblors Prepayments 12,608 764 4 Creditors 2024 Accruals 2,616 5 Inde endent Examination The fee payable to the independent examiner totalled £2.720