## **Trustees’ Annual Report for the period** **From 1st April 2022 To 31[st] March 2023** **Charity name: East Woodlands Village Hall Management Committee** **Charity registration number: 1193691** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The charity operates the village hall for the
benefit of the community.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|The hall is available for hire and community
events arranged| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|Yes| |**Additional information (optional)**
You may choose to include further statements where relevant about:||| ||SORP reference|| |Policy on grant making|Para 1.38|N/A| |Policy on social investment
including program related
investment|Para 1.38|N/A| |Contribution made by
volunteers|Para 1.38|The hall has around 12 volunteers who
help with events| Other ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|New charity established 4th March 2022
During the reporting period the charity
secured the freehold of the village and
attached cottage.
We have maintained the hall and hirings
continue to improve post lockdown.| **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|Remains in operation| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|We have actively sort and obtained grants
and donations and a programme of fund
raising activities has restated since
lockdown and support is slowly increasing| |Investment performance
against objectives|Para 1.41|Rental income from the attached cottage
achieved its target. Reserve investment
kept under active review.| |Other||| ## **Financial Review** |Review of the charity’s
financial position at the end
of the period|Para 1.21|Assets transferred from previous charity
are healthy. Purchase costs resulted in a
one off deficit in the year.| |---|---|---| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|We hold 2 years of running expenses and
donations for purchase of the buildings and
capitol investment| |Amount of reserves held|Para 1.22|£37,000| |Reasons for holding zero
reserves|Para 1.22|N/A| |Details of fund materially in
deficit|Para 1.24|N/A| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|N/A| **Additional information (optional)** You may choose to include further statements where relevant about: The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted Rising costs, energy and mortgage, volunteers to run the charity A description of the principal Para 1.46 risks facing the charity Other East Woodlands Village Hall Management Commlttee Registsred number: CEO 25178 Charity Number 1193691 Tru Trustees The trustees present their report Princlpal activitb8S The company's principal activity during the year continued to be . The administration of the East Woodlands Village Hall Trustees The following p6rsons serv8d as trustees during the year Mr N Coleman, Mr , M Kaye, Mrs V Kenney, Mrs C Carpenter This report has been prepared in ac£ordance WTth generally accepted accK)unting practice applicable to small entities This report was approved by the board on 13 June 2023 and signed on its behalf. Mr N Coleman Trustee East Woodlands Village Hall Management Committee Company reglstration CEO 25178 Charity Number 1193691 Report to the trustees on the preparation of the unaudited statutory accounts of the East Woodlands Management Committee fo the year ended 31st March 2023 In order to assist you to fulfil your duties as trustees have prepared for your approval the accounts of the East Woodlands Management Committee comprised of Balance Sheet and an Income and expenditure report As a practising member firm of the Association of Chartered Cartrfied Accountants, we are subject to its ethical and other professional requirements which are detailed at http.'Ilrulebook.accaglobal.coml Holbom Asset Management Ltd Chartered Certrfied Accountants 21 Woodhayes Road Frome Somerset BA112DG 13 June 2023 East Woodlands Village Hall Management Committee Income and Expenditure for the year ended 31 March 2023 2023 2022 Tumover 38,937 9,010 Cost of sales (850) (577) Gross profit 38,087 8,433 Administrative expenses Other operating income (30,460) 1.628 (9,566) Operating profltl(10s81 9,255 (1,133) Interest receivable Interast payable (8,541 > Income {exp6ndlture) for flnanclal year 750 (1,133) Tax on profiU(loss) After Tax Income ( expendlture) for financlal yèar 750 {1,133) East Woodlands Village Hall Management Committee Registered number: CEO 25178 Charrty Number 1193691 Balance Sheet as at 31 March 2023 2023 2022 Fixed assets Tangible assets 241,000 Current assets Debtors Cash at bank and in hand 36,726 20,242 20,242 Creditor5: amounts falling due within one year (2,484) (21.375) Not current as8etsl{Ilabilltie8) 34,592 (1,133) Total assets less current liabiliti08 275,592 (1,133) Creditorn: amounts falling due after more than one year (153,1￿) Net a8setsl(Ilabllltle8) 122.592 (1,133) Capital and reserves Accumulated Charity Fund 122,592 (1,133) Shareholders, funds 122,592 (1,133> Mr N Coleman Trustee Approved by the board on 13 June 2023 East Woodlands Village Hall Management Committee Statementofchanges in Equty for the year ended 31 March 2023 Share Sharn Re- Profit capital premium valuation and loss reserve account Total At 1 April 2021 Loss for the financial y8ar (1,133) (1,133) At 31 March 2022 (1,133) (1,133) At 1 Aprfl 2022 121,842 121,842 Surplus for the financial year 750 750 Distributions At 31 March 2023 122,592 122,592 East Woodlands Village Hall Management Committee Notes to the Accounts for the year ended 31 March 2023 1 Accounting policies Basis of prnparation The accourrts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard appliGqble in the UK and R8public of Ireland (as applied to small entities by section 1A of the standard). Tumovor Tumover is measured at the fair value of the consideration received or receivable, not of discounts and value added taxe8. Tumover includes revenue eamed from the sale of goods and from the rendering of seryices. Tumover from the saSe of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stag8 of completion of a contract is measured by comparing the ¢￿St$ incurred for work p8rfomied to date to the total estimated contract costs. Tanglble fixed assots Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impaimient losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost. less estimated residual value, of each asset ovenly over its expected useful life, as follows: Freehold buildings Leasehold land and buildings Plant and machinery Fixtures, fittings, tools and equipment over 50 years over the lease term over 5 years over 5 years 2 Employees 2023 Number 2022 Number Average number of persons employed by the company 3 Tangible fix•d assets Land and bulldlngs Cost Additions 241,000 241,000 At 31 March 2023 Depreciation At 31 March 2023 Net book value At 31 March 2023 241,000 East Woodlands Village Hall Management Commlttee Notes to the Accounts for the yoar ended 31 MarGh 2023 4 Debtors 2023 2022 Other debtors 350 5 Creditors: amounts falling due within one year 2023 2022 Other ¢reditors 21,375 6 Creditor8: amounts falling due after one year 2023 2022 Bank loans Other cr8ditors 138.CQO 15,000 153,(Y)J 7 Other Informatlon E8St Woodlands Village Hall Managernent Committee is a private company limited by shares and incorporated in England. Its registered office is: School House East Woodlands Frome BAI15LQ East Woodlands Village Hall Management Commlttee Registsred number: CEO 25178 Charity Number 1193691 Tru Trustees The trustees present their report Princlpal activitb8S The company's principal activity during the year continued to be . The administration of the East Woodlands Village Hall Trustees The following p6rsons serv8d as trustees during the year Mr N Coleman, Mr , M Kaye, Mrs V Kenney, Mrs C Carpenter This report has been prepared in ac£ordance WTth generally accepted accK)unting practice applicable to small entities This report was approved by the board on 13 June 2023 and signed on its behalf. Mr N Coleman Trustee East Woodlands Village Hall Management Committee Company reglstration CEO 25178 Charity Number 1193691 Report to the trustees on the preparation of the unaudited statutory accounts of the East Woodlands Management Committee fo the year ended 31st March 2023 In order to assist you to fulfil your duties as trustees have prepared for your approval the accounts of the East Woodlands Management Committee comprised of Balance Sheet and an Income and expenditure report As a practising member firm of the Association of Chartered Cartrfied Accountants, we are subject to its ethical and other professional requirements which are detailed at http.'Ilrulebook.accaglobal.coml Holbom Asset Management Ltd Chartered Certrfied Accountants 21 Woodhayes Road Frome Somerset BA112DG 13 June 2023 East Woodlands Village Hall Management Committee Income and Expenditure for the year ended 31 March 2023 2023 2022 Tumover 38,937 9,010 Cost of sales (850) (577) Gross profit 38,087 8,433 Administrative expenses Other operating income (30,460) 1.628 (9,566) Operating profltl(10s81 9,255 (1,133) Interest receivable Interast payable (8,541 > Income {exp6ndlture) for flnanclal year 750 (1,133) Tax on profiU(loss) After Tax Income ( expendlture) for financlal yèar 750 {1,133) East Woodlands Village Hall Management Committee Registered number: CEO 25178 Charrty Number 1193691 Balance Sheet as at 31 March 2023 2023 2022 Fixed assets Tangible assets 241,000 Current assets Debtors Cash at bank and in hand 36,726 20,242 20,242 Creditor5: amounts falling due within one year (2,484) (21.375) Not current as8etsl{Ilabilltie8) 34,592 (1,133) Total assets less current liabiliti08 275,592 (1,133) Creditorn: amounts falling due after more than one year (153,1￿) Net a8setsl(Ilabllltle8) 122.592 (1,133) Capital and reserves Accumulated Charity Fund 122,592 (1,133) Shareholders, funds 122,592 (1,133> Mr N Coleman Trustee Approved by the board on 13 June 2023 East Woodlands Village Hall Management Committee Statementofchanges in Equty for the year ended 31 March 2023 Share Sharn Re- Profit capital premium valuation and loss reserve account Total At 1 April 2021 Loss for the financial y8ar (1,133) (1,133) At 31 March 2022 (1,133) (1,133) At 1 Aprfl 2022 121,842 121,842 Surplus for the financial year 750 750 Distributions At 31 March 2023 122,592 122,592 East Woodlands Village Hall Management Committee Notes to the Accounts for the year ended 31 March 2023 1 Accounting policies Basis of prnparation The accourrts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard appliGqble in the UK and R8public of Ireland (as applied to small entities by section 1A of the standard). Tumovor Tumover is measured at the fair value of the consideration received or receivable, not of discounts and value added taxe8. Tumover includes revenue eamed from the sale of goods and from the rendering of seryices. Tumover from the saSe of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stag8 of completion of a contract is measured by comparing the ¢￿St$ incurred for work p8rfomied to date to the total estimated contract costs. Tanglble fixed assots Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impaimient losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost. less estimated residual value, of each asset ovenly over its expected useful life, as follows: Freehold buildings Leasehold land and buildings Plant and machinery Fixtures, fittings, tools and equipment over 50 years over the lease term over 5 years over 5 years 2 Employees 2023 Number 2022 Number Average number of persons employed by the company 3 Tangible fix•d assets Land and bulldlngs Cost Additions 241,000 241,000 At 31 March 2023 Depreciation At 31 March 2023 Net book value At 31 March 2023 241,000 East Woodlands Village Hall Management Commlttee Notes to the Accounts for the yoar ended 31 MarGh 2023 4 Debtors 2023 2022 Other debtors 350 5 Creditors: amounts falling due within one year 2023 2022 Other ¢reditors 21,375 6 Creditor8: amounts falling due after one year 2023 2022 Bank loans Other cr8ditors 138.CQO 15,000 153,(Y)J 7 Other Informatlon E8St Woodlands Village Hall Managernent Committee is a private company limited by shares and incorporated in England. Its registered office is: School House East Woodlands Frome BAI15LQ