VILLAGE HALL FLECKNKY CIO No: IA94020 Tru TEES, REPORT ANCtAL STATEMENfS - for the year end¢d- DECEMBER 2024 KNEY Ci coriTENTS OF THE TRUS ES, REPORT AND STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 1-3 Report of the Trustees Report of the indep¢nd¢nt examiner Sthtemeftt of fin8n¢io1 Activities Balance shttt 7-12 Notes to the fin8neial staternents FLF.CKNF. RF.PORT ()F TFtF. Th¥'lTUStws trnmis th¢ir•Mu•l w whwwith for th¢ 31 Det•ittbM 2024. ObletUve4 pollrl•J Atelvtdts objc¢l ofihc C.h2rity iy tho tWOVi3ioiI athd mainlen•￿¢ of the Fle¢k¥i¢y Villagc Hall forthe v of the ltil￿bIlaOtsOr the Psrish of Fknktw. lii wlliLular for m￿1118& lecDMtt and £￿$3¢S and for Ixhw fLXmS of rt¢ftalion •tKI l¢isUtE-tiiiie￿L￿P#tlOth wiih(Krt disiinctioti ofsex or of rx)liiic41. Ttlims oiher opinims. wilh Ihe obieciiwe of improvin% th¢ eondiliDns of life f()r Ihe ￿ld inhibithnts. In lo achievc thii objecliv< ehar8c& arc mAd¢ to hiie th¢ vili&g¢ Iwll th¢ fujkts fN)m for th¢ upkty) and maini¢mnc¢ of th¢ f(* futwc ￿ncrnI￿>￿S. 'I'k Tntslces miew ilie C.hariiV5 obje￿1¥¢$ wnd p)IiciLX kyihct wilh the ￿1¥111¢6 ￿ *¢hKvo thun on * ￿￿1*r b￿1$ StTWetur4 tovernaK• a*d Crtby Thc Chjrity is 4 Charilable IKxxpotaicd Or8anisation *liich iwrattyj 7 Aprtl 2Q21. Irs ¢liarity iillmbtt ili 1194020. Th¢ Charity was Istsblishd P¢)ulldation Mod¢l Co[b￿ll￿tK)n whidi ¢Aablishes the objt¢UVf5 Jnd p)wusof the thwit•hl¢ TrKi*rKfftied or8Alli5alion. Tntllecs The &y to dAy mnffiing orth¢ ChllTity is dvalt with by ￿￿j twelv¢ TTUytt￿ •ppirrt¢4 al Ihe Annu￿ GenerAI Mc¢tin8 (AGM) and $¢rn* Uthil th# nrxt A(yM. 1h Trwi¢os m¢et nThihly P)¥1￿[¢ to deal with th¢ administrat￿ of Ihc L11uity, Ilx upk •Thl m8inl¢rwK• ofthe villa8¢ ljall, fTn&rKral IC￿￿n￿billtY I￿1 risk M￿Se￿￿t. The Trustru moni¢ty th¢ major which tho Ch4rity is exp)std #nd cnbli31w4 Sysiem$ 19 milisRlo Ihox risks. Tjiose irt¢lth the implcmcnialioii Orpi￿>JurG% ftw A￿11￿￿1$all￿ of 411 IrAnsac4ioiih and pMj&*i$orwJ ¢nsuri08 th¢ q￿LIty of the d¢5iw of all opernti(￿I wpGts of Ihe Lhwity. Athlevemt•￿ perfom¥4tt IIA*n¢lAI rovluw In the fitst wr¢kofthe finaThcial y¢ar 510nn Hmk hit th¢ ¢ouniy, ¢ousin¥ the brtxth ￿J￿¢nI to the 11 ts hur*t its hnk$ fl(%KJinSt￿ 11811. Con¥qu¢ntly lh¢ Flall ¢k)5gJ thT¢¢ monih$ io altow fordrying out ftnd rqJfrir8. ltt Iv¢•l the rnPiTS. ￿Or￿10￿. r¢placin8 lh¢ main hall n￿)r. dryin8 dam￿<￿1 fiAlurw & fillin￿ eoniAtner hir¢. t0￿h¢T wÉth l¢>ss of ¢arninp ris¢ lo w¥ iDsurariM rlftim of£58J34. Th¢ rlaim fw1058 of mini11￿ ond lor thc clr£tTi¢iIy ¥osts tn dryi rf thE buildins ￿K*￿trd 10 £10.072.'Ihe bala]ice ofthe in$uTrnM claim b&8 lrt¢n $¢1 480in$i th¢ costs in¢wrtd. Thc Hall now has a numt*¢ of$4odbay AVAiliblo to miligalc any futuff fk*)dwater itLgre5& Duypito bein8¢loBod. hll hir¢ irrtoffle Ifx ￿ fi*bts¢ial ymr sho*%d • h￿hhY I￿￿K)ye10r￿Q1os. (*ceth were bwgr¢d by £1.090 in donaii¢Jtts rtnd a v¢ry 5u¢(￿sful liibuit Itl rii8h¢ (wniscd by the fundrnk*in8 w1￿¢0mMittcc ￿tell i1wre￿I itKomc by £699. The ¥a1'in￿ I￿v￿nI rais¢d £336 in in1￿, briTh8in$ è iJKomo tsfÉ28230. The Hall a150 n¢e¥v￿ SI￿ fwidin8 frvrn Hoth)wough l(J tenovAi¢ th¢ mcctin8 room1£24,99S} •Dd rlwrface and extend th¢ w ￿￿￿£S0.(￿). Th¢ Hall pjid tlie addi110￿1 £3,760 coms ihd fDrth¢r £2.112 M mirktnp, I wiiirtmmt ollPrt Gar pArk 8f8DI. A fl¢x*J 8M2I of £2.5(K) was akn rt£rting Stsnd8rd applicable in the UK and Republic of Ireland. In p￿ParIng those fuwicial slatements the Trust¢¢s are required to: select $uitsble &ccounting policies and then apply them Consistently. - observ¢ th¢ methods and principles in the Chwities SORP (FRS 102). - rnak¢ sound judgemetts and estimates that are ￿asOnable and prudent. - prep8re the financi815taternents on a going concern basis unl¢ss it is inappropriatr to presume that the Charity will continue in operatioti. The Tru$tees are re5poJ)sible for keeping proper wcounting records which disclose with reasonable aceura¢y the f]n8ncial position of the Charity and which enable them to ￿ertain the financial position of the Cbarity at any time to ensure that the financi￿ statements comply with the Charities Act 20118nd regulations thereunder. Th6y are also responsible for safeguarding the assets of the Charity and for tsking reasonablr st¢ps forthe prevention alld detection of fraud and oth¢r iTTegularities. This re￿ was approved by the Tn)ste#s on 2025 and si8ned on their behalf by: T J M*r8b811 J M BeyDOII FLECKNKY CIO EPENDENT ER'S REPORT TO TItE TR ES I report on th¢ fJnan¢iai statements for th¢ year ended 3 1st Dccemb¢r 2024. which &JY set out on page3 S io Re8pethe respon8Sbllltie8 of tlte trust￿ ex4rniner A9 descTit*d on PAg¢ 3 the trustces are resp)nsible for the preparation of the fmanci&l ststements". you CODsid¢r that the audit requirement of section 144(2) of the Charities A¢t 2011 {the Act) doe$ ttot apply. It 18 my resp)nsibility to exarnine the a¢￿Unts under seetion 145 of the A¢t and to sfate, on the basis of pro¢¢dures ypecified in the General Diwtions given by the Charity Commissioners under section 14S(SXb) of the ACL wh¢th¢r particular matters have com¢ to my attention. Basls of Independent ttsminer's report My examination was ¢aTried out in accordanee with the General Directions given by the Charity Commissioners. An examination includes a review of the aecounting records kept by the Charity and a comparison of the financi8] statements presented wtth those record9. It also ittcludes consideration of any unusual iterns or di5closu￿ in the fmallcial statements, and seeking explanations from you as tswtees concerning any such matters. The procedures und¢rtak¢n do not provide all the eviden¢e that would b¢ r¢quired in an audil a[￿ coJJsequ¢ntiy I do not express #ll audii opinion on the view given by the finallci 5tatsments. lodepelldtnt examiner's Jtstemen¢ In connection wlth my exaTniDAtion. no matter has come to my attention.. i) which gives mc re&sonablc caus¢ to believe that in any n￿terial respect the requirements al to keep accounting reKords in accordance with section 130 of the ACL. and b] to prepare fumncial 5tat¢m¢nt5 which accord with the aecountin8 records and to comply with the a¢¢ounting r¢qutT¢ments of the A have not b￿n m¢( or li) tt) pthi¢h, in my opinion. attention should be drawn in order to enable & properund¢rstsndin8 of the financia] ststements to be reached. J W Bird FCA JOHN BlliD Chartered Accountants 26 Brookfi¢ld Str¢¢t Syston LEICESTER LE7 2AD FLECKNEY CIO STATEM￿ OF FIN R THE YEAR ENDED 31ST DECEMBER 2024 Unrestricted fund$ Y4ot¢ 2024 21ll3 Income Eipendltsr¢ Incoming resDuree8 Incoming Te8owc¢s from generated fvnds: DonatlOD8 Charitsble activities InvestsnenÉ income Govemment Insuranc¢ claims re loss of earnin85 & el¢ctrt 1.090 26,804 336 77,495 10.072 1.653 26,853 Totsl Incomlllg re40uree8 £115.797 £28,506 Rewllrees expended Charitable activities Cost of generntitJ8 fun& Gov¢manc¢ c05t8 Donations 111,709 23 6,043 28.707 6.569 283 Total resollreeg expended £117,775 £35.559 N¢t rnovement in thDds (1.978) (7.053) Totsl fimd8 brought forward at 1st January 2024 517217 524.270 Total funds ¢wried forward at 31st Decern￿r 2024 13 £515.239 £517217 The Statsment of Finaneial A¢tivities in¢lud¢s all gains and 1055£$ re¢0￿1$¢d in the year. All income And expenditure derive from continuing activities. The accompAnying accountingpolicies and notes fomi 8n integral part of these financial staternenls. FLEC Yao BALANCE SHIET AT 31ST DECEMBER 2024 21124 2023 Tan8ibl¢ fixed assets 477.818 484,001 Current Asgets Debtors and prepayments 10.297 3,697 10 38,500 30.866 48,797 34,563 CurT¢Ut liabiliti Creditors.. 8mounts falling due withtrt one year 12 11.376 l J47 Net eurrent ￿ets 37.421 33216 TO￿ net ￿Sets £515.239 £517217 13 £515.239 £517217 The financial statements were approved by the Trustees on................ ............. .. siwd on th¢ir behalf by: ..2025 T J MarshAJI JMBeyDo Thr acGomFwyng accounting Folicics notes forni an Inte8r￿ part of these financiat statelncnts. THE AC UNT FOR THE YEAR KNDF.D 31ST DECKMBER 21)24 I. ACCOUNTING POLICIES 1.] B&8is of prepatxtion The financi815tatements h&ve been prepared under the histori￿1 ¢o$t wnv¢ntion and in accordanee with the Ststement of Recommended Practice Aecouttting and Reportin8 by Charittes preparing their accounts gnd in accordance with the Finanoial Reporting Standard applicable in the UK and Republic of Irelattd (FRS 102), and with th¢ Charitits Act 2011. The Trustees consider thatther6 Rre aw material un¢ertiiDties &bout the ¢hariW$ ability to wntinue as a going concern. 1.2 In¢omin8 resourees All monetary donationg and gifts are included in ￿1] in the statsment of fmancial activities when receivable. Adivities for fund9 Income 15 included wh6ll reueÉvable. Invesknent ineome tnvestment income is Tecognised when rvxivable. Grant income is included when receivable and when E411 tern)S And cot)ditions attoched thereto have been eornplied with. 1.3 R¢souNx$ ¢xp¢nd¢d Exp¢nditure is charged on an ￿[￿alS b&8iS. 1.4 Fund a¢couThting General fill￿S are utwtstricted fimds which Are available for use at the discretion of the Trnstees in fvrtherFmce of the general objKtiv¢s of the Charity and whi¢h have noi been desI￿ated for other purposes. Dcsignated fund5 foTt]prise unre5trioted funds thai hav¢ been set aside by the Trustees for p8rti¢ul8r PUryK)seg. The aim and use of deSI￿ated fimd És set out in the notes to the f￿￿ela] siot¢m¢nts. R¢5tricted funds are funds which are to be used in acci)rdallce with specific restrictio￿ imN)sed by donors or which have been raised for particular purpos¢s. The costs of Taising and administering such fimds are chwg¢d against th¢ spe¢ifi¢ fund. The aim and use of re$tri¢t¢d fund is se¢ out in the notes to the finAn¢iai statements. VELLAGE HALL FLECKNEY CIO NOTES THE FINANCIAL ST CONTINUED FOR THE YEAR ENDED 31ST DEcEI￿BER 2024 i. AccouNrING POIICIES (Contittued) 1.5 Tangible r￿ed &8sets and depreciation Tangible fjxed &8sets are stated at cost less specifi¢ gmts and 1¢5$ ￿GuMUlated depreciation. Depreciation IS ￿]CUlated to write down the cost of a]1 assets over their expected use￿] lives. The rat¢s g¢n¢T8lly applicable are: Buildillgs Computers Fixth￿¢& fittin89 And equipment .' 2Y• Straight line 33.33J/o straight line .. 20Yo r¢du¢ing balanee Individua] eapitsl a58¢ts costing less than £200 are writt¢n off in the year of PUTchA 1.6 Value added (VAT) All items of expenditure are shown iticlusive of VAT, as th¢ charity is unable to recover thts. 1.7 Lkbtors and prepayment$ Trade and other debtors are recognised At the settlement amount after any trade discounts offered. Prepayments are valued at the omount prepaid net of any trade discounts due. 1.8 Cash at bAnk and in hAnd Cash at bank and in Iwjd includes cth and bank eurrent artd depo5il a￿unts. 1.9 Lillbiltti¢s ond provisions Liabdities are rewgThi5ed when there is an obligation at the Balance Sheet date a8 a result of a p28t ev¢nt, it is probable that a transfer of economic benefit will be r¢quiTed in s¢ttl¢m¢nt and th¢ Amount of the scttlelllent can be estiTnat¢d reliably. Liabilities are recognised at tbe amount that the eh2rity anticipat¢s it will pay to s¢ttl¢ th¢ drbt or the alnount it has rec¢iv¢d a5 advan¢e payments for the goods or Se￿IceS it must provide. Provisions w¢ Measur￿ at th¢ bESt rstimate of th¢ amoullts required to settle the obligation. 1.10 Financial instruments The Charity only has financial ￿ets and fin4nciAI liabilities of a kind that qualify Bs ba8iC f]n3n¢ial instTum¢nts. Basi¢ instrnments are initially recognised at transartion v￿ue and sub$¢qU￿t1Y nKasur¢d at th¢ir settlement value. ()TL% TO TIIF. FIPIANCIAL ST A TE FOR THF. I'EAR EYDF.D 31. 12024 2 DONATTONS 2024 2023 leckney Illa￿1%,￿1 flth)d fund Car tv)1 sale pr￿￿ed% Am)¥M Smile NI£F for s(orniie space KII I¥￿1th RMmbl¢rs I￿1¢¢k￿ du¢kpond pl•y¢rs Communira14 fundraisin8 Fk¢kw Vill&go Jhow John Iloynon- squjro ¢hthrge8 for8 . thldilionol LOSt of d￿￿n Vac￿ . (ktopus En¢r8y r¢w•rd IJ2 4$ 30 30 50 63 133 £i,c EI.653 3 CHARITABLE AcmryTrF.g Hin of tho h•ll fw tho followin8 Xtsvlli￿. Pllywup 5,061 4.717 3.312 544 5.369 2,912 740 690 716 200 1.741 1.109 2J83 252 803 725 176 3,605 JCk￿nd playw8 Pa1￿1 and i(*Jdl¢v sho￿ & sh#p¢ hull HI￿Ory club Urban k1¢k￿XIng Kittcu Club E￿eMb10 theatre C 483 8,454 8.000 454 At 31 DeC￿lber 2024 £24,937 £24,000 £454 £483 Net iKx)kvalu¢ at 31 December 2024 £477.818 £476,000 £1,817 £1 Net i￿k v41ue at 31 December 2023 £484.001 £484,000 £1 All lan￿￿1¢ fixed assets were u8¢d forcharitable PUTP)ses. 10 CASH AT BANK AND IN HAND 2024 deposits The C(wer&tive Bank- Community Dir¢ctPlus account - Buyiness sel￿t instant access account 8,164 30,336 30.866 Cash in hand £38,500 £30.866 11 DEBTORS AND PREPAYMKNTS 2024 3,329 339 6,629 2023 1.808 132 1.757 HAII hire debtors Other debtors Prepayments End Lcen￿d iticome £10.297 £3,697 12 CREDrroRS 2024 2023 Amout)ts fa]ling due within onc yeor. Other Creditors Aecrued ¢horges 1,331 10.045 362 985 £11.376 £1 J47 IAGE ￿ILL FLECKNEY io NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 T DECEMBER 2024 2024 UnrGstricted fi￿ds. genernl £515239 £517.217 14 CAPITAL COMMrrKENTS The Villag¢ Hall Fle¢kney paid a S¢W. deposit on a digitsl s¢re¢n of £4,708 in th¢ y¢ars for which thry receiv¢d a $106 wt froTn Harborough DC for 91Y/o of the ¢os¢. Th¢ r¢maining balaTLce w&s paid in March 2025 on the completion of the works12023- £Nil). -12-