VILLA E HALL FIICKNEY ChArl No: 1194020 TRUSTKES, REPORT AYJ D FINANCKAL TATEMENrs - for the year end￿- 31ST DECEMBER 2023 VILLAGE HALL FLECIuntaricy 81ongside postsge, 5tatiDnery. telephone at￿ intem¢t costs amounted to £6.569 in ¥ov¢M￿ce eosts. Th¢ grand totsls of resources incoming against those used of £35.559 left a deficit of £7,053 for the year. The Village Hall corltinues to be an important resource foT Fleckney and the hire rates are set as affordably as possible whi15t bearing in mind the ￿nTh1ng costs that aye fa¢¢d. The Tnjstees have rvnsidered and resportded to requests for reduced rat¥s to enable those groups serving the more vun¢rable of our community to continue to Provide benefit. The full results for the year and the Charity's financial position at the end of the year are ShO￿ry in the attach¢d finallcioj statemen¢s. The TTUStees are satisfied that the Chuity's reserves are available 2nd adequatc to fulfil its obligations. ao REPORT OF THX TRUSTEES corfflNUED FOR THE YEAR ENDED 31ST DECEMBER 2023 Reference amd gdmlnistrative det4ib of tb¢ Ch4rity, Its trllstees and Advlsors Registered charity name: Village Hall FleckNey CIO Chan'ty r¢8is¢ration number: 1194020 Registered address: Fle¢kney Village Ilall The Par&de Fleckney Leieester IE8 SAY Tn￿le¢S & Management Committee mem]xrs: T J Marshall J M Beynon J A Chaplin- resigned 5.10.23 K R Robertson J E E8nvak¢r Fmwdsh J Brummel J Sharp A F Vick¢rnun S Baynham L Edgerton S Lloyd- elected 5.10.23 L Saunders- elected 5.10.23 Co-opt¢d Management Conunittee members.. K Pr¢ston H Tedder M Preston Bettters: The Co-oper8tivE Bank Pl¢ POBox250 Skelmersd&l¢ WN8 6wr Independellt eX3miner: John Bird Chartered Aceountsnts 26 Brookfield Str¢et Sy5ton Lekcester LE7 2AD Solicitors.. Warth&by Hefford 44,High Stteet Market Haiborough Leicester LE16 7AH VILLAGE HALL FLECKf4EY CIO REPORT OF THE TRUSTF.ES co FOR TBT YEAIiETr4DED 31ST DECEMBER 20 Format of the fjnanclAI ststement$ The Trustees confum that their report and the financial 8tatements comply Flith Current ststutory requirements. the Charities Act 2011 and the provisions of the Statement of ReGommended Practice (SORP) applicable to oharities preparing their accounts in accordance with the Financial Reporting Standard applicable ill the UK 8nd Republi¢ of Ireland (FRS 102). Statenient of Trll&tees' reyponsibilitles The Trustees are responsible for preparing their annual report and the finallcial statem¢nts in 3ccordance with applicable law and regulations. Charity law requires thc TrLL8tees to prepare financial ststements for each fJnan¢ial year whi¢h give a trne and faLT view of the Charity's fllvdll¢i81 actiKties duTing the year and of its f]nancial position at the rnd of the year. The Trustee£ have ¢lected to prq)are the fmancial statements in accordance with Lni¢¢d Kingdom Generally A￿epted A¢couTEtitYd Prdctice (United Kingdom AcCo￿ting StandaTds and applicable law) including FRS 102, the Financial Reporting Standard applicabl¢ in the UK and Republic of Ireland. In preparing th08e financial staternents th¢ Trugtees are required to.. - select suitable accounting pTrlieies and then apply them consi8tently' - observc the methods and principlcs in the Charittes SORP (FRS 102). - make sound judgements and estiTnat¢s that are reasonable and prudent. - prepar¢ the financial ststements on a going conwij basib Unle￿ it is inappropnate to presurne that the Charity will continue in gperation. The Trustees are resp¢)nsible for keeping proper accountingTe¢ords which disc108e with reasonable a¢¢uraGy the financial position of th¢ Charity and which enable them to as¢ertLin the financial positi(m of the Charity at any time atLd to e115ure that the financial ststernents comply with the Chanties Act 2011 and regulations thereunder. They are also responsible for safeguarding the assets of the Charity and for tskn'ng rewsonabl¢ Steps for th¢ prevention and detection of fraud 8)d othet irre8ularities. This report was appToved by the TTUStees on 4 Jllly 2024 and signed on their behalf by.. T J Marshall J M Beynon VIILAGE HALL FLECKNE INDKPEM)ENT ELIMINER'S RKPORT TO THE TRU ES I report on the fmancial statements for the year ended 31st December 2023. wlllch Are Set out on pages 5 to ii. Respe£tlve reypoDslbilities of tbe tn￿tee$ #Dd examlner As described ¢)n page 3 the trustees are r¢sponsible for the preparation of the financial ststeTnents: you ¢i)nsider that the audit requirement of gectson 144(2) of the Charities Act 2011 (the Act) does not apply. It is my responsibility to examine the at¢ollnts under section 145 of the AGt and to state. on the basis of proccdures speGified in the General Directions given by the Charity Commissioners UTLder se¢tion 145(5)(b) of the Act, whether partiwlar matters have come to my attents'on. Basis of independettt exAn￿￿er,5 report My ¢xarnination was carried out in accordance with the G¢neAI Dir¢ction5 given by the Charity Commissioners. An ex8mination includes a review of the ac¢ouThting records kept by the Charity and a comparison of the financial stat¢ments presented with thos¢ records. It also incllldes consideration of any unusual items or th.￿lOSure5 iTr the financial ststem¢nts, and seekin8 explanations from you as trnstees concerning any such matters. The procedures undertaken do not provide all the ¢viden¢e that would be required in an audiL and consequent]y I do not ¢XPTess an audit opinion on the view given by the financi statements. Ind¢pertdent examiner's st4tetllellt In connection my examinatioEL, no mattcr has com¢ to my attmtion.. i) which give5 me reasonable cause to belirve that in any material respect the requirenwLts al to k¢ep acoounting records in accordance with section 130 of the Act" and bl to prepare fitwicial statements which accord with the aceounting ￿cordS and to comply with the accounting r4ujrements of the Act have not been met. or ii) to which, in my opinion. attention should be drawn in order to enable a properuttderslaTLding of the financial staternents to be re￿hed. J W Bird FCA JoirN BIRD Chartered Accountants 26 Br¢Jokfield Street Syston LEICESTER LE7 2AD 4 July 2024 VILLAGE HALL FLECKNE ao STATEMENT OF FINAF4CIAL ACTIVITI FOR THE YEAR Ef+lDED 31ST DECEMBER 2023 Unrestrieted furlds Note 2023 2022 Income Expendlthre Incoming resour¢e5 Incoming resowce$ from generated fund5: Donations Ch&ritsble activities Investtnent income Government wts Oth¢r- sale of scrap 1,653 26,853 335 22,063 2,667 Total in¢o]nfing resouree9 £28,506 £25,067 Resour¢e5 expended Charktable activities Cost of generating fimds Govemance costs Do[￿tionS 28.707 26,371 112 7,368 6,569 283 Totsl resovrcei expended £35,559 £33.851 Trlet (deflutyincome (7,053) (8,784) Transfer of neÉ assets & liabiliti￿ froxry old charity 533,054 Net movement fllllds (7,053) 524,270 Total funds brought Fonvard at 1st Jalluary 2023 524,270 Tots] fimds caThi¢d forward at 31st Decembu 2023 13 £517,217 £524,270 The Statelnent of Financial Activities includes all gains and losses reCo￿lSed in the year. All income and expenditur¢ denve from continuing oCtÈvities. The accompanying accounling policies and notes form an integr81 part of these financial statements. VILLAGE HALL FLECInditions attached thereto have been cotnplied with. 1.3 Resources expended Expenditure is chargrd on an accruals basis. 1.4 Fund accounting General fund5 unrestiicted fimd8 which ar¢ available for use ai the di￿reti0T1 of the Tn￿8 in furth¢rance of the general objectives of the ChaTity and which have not been designated for othct purposes. D¢$i￿ted funds comprise u1)r￿trIcted funds that have betn set aside by the Tn￿tte8 for particular pwposes. Th¢ aim and use of each designated fund is set out in thE notes to the financial statemeTht5. Restri¢t¢d funds are funds which ar¢ to be used in accordance with specific restrictions imposed by donors or which have be¢n raised for particular PUTPOS¢S. The Costs of raising and administering surh funds are charg¢d a8ain5t the specifio fund The aim and use oleach restricted thd is Set out in the note5 to the financial Statements. VILLAGE EL4LL FLECKNEY CIO NOTES TO THE FINANCIAL STATKMET*TS Cop￿INuED FOR THE TrTAR ENIDED 31ST DECEMBER 2023 l. Accoiir(rING POLICIES (Continued) 1.5 Tangible fixed assets and depreciation 'I.￿gIble fixed assets are stated g4t cost l¢ss 8peLifie grants aud le55 accumulated d¢pTcciatiOEJ. Ikprwiati¢)n is calculated to ￿lte down the cost of all a￿ets over their expected useful lives. The rates generally applicable aTe'. Buildings CompLtters 2YD Straight line 33.33% straight line tndividual Capital assets costing less than £200 are written off in the year of purchase. 1.6 Value added tax (VAT) All items of expenditure aTe thovm inclusive of VAT, as the chan.ty is unabl¢ to recover this. 1.7 Dcbtors and prepayrnents Trad¢ and other debtors are recognised at the settlement amount after any trade discounts offered. Prepayments ar¢ valued at the amount prepaid net of any trade disco[￿ts due. 1.8 Cash at bank and in hand Cash at bank and in hand includes cash and bank current and dep0511 ac¢ount8. 1.9 Liabilities and provisions Liabilities are recognised when th¢T¢ is zn obligation at the Balance Sheet date as a result of a past event, it 15 probable that a tr￿￿fer ofeconomic benefit will be required in settlement and tbe amount of the settlement can be e8tiEnattd reliably. Liabilitie5 ate rccognised at the amount that th¢ ¢IMrity anticipates it will pay to settle the debt or the amount it has receiveA as advance payments for the go(xls or services it tnust provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. 1.10 Financial instrm)ents Th¢ Charity only has financial a85¢15 and f]DanCI￿ liabilities of a kind that qudify as basic financial instrLunents. Bastc instruments are initially reCO￿lSed at transaction value and sub8¢qucntly rn¢asur¢d at th¢ir s¢ttl¢mcnl value. VILLAG￿ HALL FLECI