|DULVERTON TOWN HALL|
|---|
|Charity Number 1195295|
|FINANCIAL STATEMENTS|
|YEAR ENDED 31 OCTOBER 2025|
|Contents
Page|
|Legal and administrative details
1|
|Trustees report
2/ 3|
|Independent Examiner’s report to the Trustees
4|
|Receipts and Payments account 5|
|Statement of assets and liabilities
6|
**1**
DULVERTON TOWN HALL
LEGAL AND ADMINISTRATIVE DETAILS
Governing instrument Charitable Incorporated Organisation registered 26 July 2021
Charity registration number
1195295
Trustees Christine Dubery (Chairman)
Janice Ross (Secretary)
Keith Ross (Treasurer)
Shuna Bland
Steven Huckins
Marie-Louise Parrish
Gerald Lewis
David Stanbury
Sarah Tout
Helen Tait
Principal address 10, Fore Street, Dulverton , Somerset Secretary Jan Ross, Parklands, 39 Jury Road, Dulverton, Somerset,TA22 9EJ Treasurer K.J. Ross,,Parklands, Jury Road,Dulverton,Somerset, TA22 9EJ Bankers National Westminster Bank plcThe ParadeMinehead, Somerset
Independent examiner S Daughtry, Old School House, Dulverton
**2**
DULVERTON TOWN HALL
TRUSTEES’ REPORT, YEAR ENDED 31 OCTOBER 2025
The Charitable Incorporated Organisation (CIO) was registered by the Charity Commission in 2021 having converted from an unincorporated charity named Dulverton Town Hall, registration number 264886 which was a trust dated 6 December 1930 and supplemented by a scheme dated 23 July 1997. All assets were transferred to the CIO
## **Governance and management**
The charity is operated under the rules of its CIO Association, constitution adopted December 11th 2020. Trustees are voted in at a committee meeting and agree to serve and adopt all policies.
## **Public benefit statement**
The Trustees confirm that they have complied with the duty in section 4 of the Charities Act 2006 to have due regard to the Charity Commission's general guidance on public. benefit, 'Charities and Public Benefit'
## **Summary of the objects of the charity set out in its constitution.**
The objects of the CIO are to establish and run a community hall and to promote for the benefit of the inhabitants of the Parish of Dulverton without distinction of sex, sexual orientation, age, disability, nationality, race or political, religious or other opinions the provision of facilities for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the conditions of life of the said inhabitants.
## **Summary of the main activities in relation to their objectives**
The charity provides the premises to many different local and other voluntary groups such as Dulverton Players, Dulverton Gardening Club, Dulverton Town Band, Exmoor Friends, Exmoor Society, healthy living activities, and the trustees also organise community events such as film screenings, the Thrift Shop (donated unwanted clothes and articles are recycled to benefit those on low incomes and to reduce the amount of landfill).
## **Achievements and Performance**
The past year has seen continued use of the Dulverton Town Hall by the inhabitants of Dulverton, with improved number of regular bookings by member of local and other voluntary groups since the Covid 19 epidemic. During the year the Town Hall Thrift Shop on the ground floor accepting donated goods and run
3
entirely by local volunteers has continued to be very successful, providing funds for improvements in the Town Hall.
Dulverton Films has continued to provide regular Film Screening twice a month for the local community. Trustees have continued to invest in the Hall in order to maintain the structure as fit for purpose.
## **Financial review**
The financial statements show that there has been an excess of receipts over payments of £9,629 (2024 £16,396) as shown on the receipts and payments account.
## **Reserves Policy**
The trustees consider that a certain level of reserves is required in order to run the charity in an orderly and careful manner. At the year-end, the trust’s financial position is satisfactory with net assets (excluding the freehold property) of £81,892 held in unrestricted reserves. The Trustees have agreed to set the level of the Reserve Fund at one year’s expected expenditure. This is subject to ongoing review. We have invested £50,000 with the M & G Charifund and £15,000 in United Trust Bank to represent this level.
## **Investment powers**
The trustees have the power to invest any monies not required for the immediate provision
**4 INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF DULVERTON TOWN HALL**
I report on the accounts of the charity.
## **Respective responsibilities of trustees and examiner**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
## **It is my responsibility to:**
-examine the accounts under section 145 of the 2011 Act;
-follow the procedures laid down in the general directions given by the Charity Commissioners under section 145(5)(b) of the 2011 Act; and
-state whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention:
1 that gives me reasonable cause to believe that, in any material respect, the requirements - to keep accounting records in accordance with section 130 of the 2011 Act; and
- to prepare financial statements which accord with the accounting records and to comply with the accounting requirements of the 2011 Act and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## EXAMINER'S REPORT
I confirm that the Receipts and Payments Account for the year ending 31st October 2025 is in accordance with the books and records submitted to me. All supporting documentation for expenditure is present.
S Daughtry, The Old School House, Dulverton, 5th January 2026
**5**
## **DULVERTON TOWN HALL**
Charity registered number 1195295
## **Receipts and Payments Account Year Ended 31 October 2025**
|**Receipts**
:
Hall hire Shop
Bar
Films nights
Subs Adverts
Miscellaneous (meter)
Interest
**Payments**
**:**
Broadband
Wages
Utlites:Note 4
Insurance
Maintenance
Fundraising Bar
purchases
Sundry consumables
Movie costs
Administraton:Note 5
New equipment
**Receipts less payments**
**Opening balances**
Current account
Business reserve
Liquidity manager 35 day
Cash
United Trust Savings
M&G Charifund
**Closing balances**
Current account
Business reserve
Liquidity manager 35 day
Cash
United Trust Savings
M&G Charifund|**2023/24**
£
£
8,218
20,491
7,122
4,581
-
-
315
3,585
44,312
443
2,036
7,039
3,043
-
-
-
-
2,733
812
1,634
17,740
26,572
**1st November**
**2023**
2,375
36,818
-
1,473
15,000
50,000
105,666
**31st October**
**2024**
2,645
23,174
30,515
929
15,000
50,000||**2024/25**
£
£
8,343
22,462
7,338
4,647
1,477
50
196
5,926
50,439
474
2,244
7,287
3,275
2,411
1,177
4,470
968
2,710
1,216
14,578
40,810
9,629
**1st November**
**2024**
2,645
23,174
30,515
929
15,000
50,000
122,263
**31st October**
**2025**
740
15,381
48,875
285
16,611
50,000|
|---|---|---|---|
131,892
**6**
## **DULVERTON TOWN HALL**
Charity registered number 1195295
## **Statement of Assets and Liabilities 31st October 2025**
## **Long Term Assets**
|Property at valuaton
Equipmentdepreciated by 10%
Current a/c
Reserve a/c
Liquidity a/c
Cash in hand
United Trust
**Restricted funds**
Charifund investment
**Total Assets**|950,000
~~44,475~~
994,475
740
15,381
48,875
285
16,611
50,000
131,892
1,126,367|950,000
~~44,475~~
994,475
740
15,381
48,875
285
16,611
50,000
131,892
1,126,367|
|---|---|---|
||||
|||1,126,367|
- **Note 1** These accounts have been prepared on a cash ie. receipts and payments basis,. The summary of assets above is provided for information.
## **Note 2** Contingent Liability
During the year a significant crack appeared in the fabric of the building. the cause and possible remedies are still under investigation. It is therefore not possible to determine whether the associated costs will be covered by insurance or if any residual liability for the repairs will need to be borne by the Trust.
- **Note 3** It is the accounting policy of the Trust to record the M&G Charifund Bond at historic cost. This is a securities backed investment, the value of which will fluctuate. At 31st October 2025 the market value of the Bond was
- £54,777, representing an unrealised gain of £4,777.
|Water
Rates|**Note 4**
Electricity Hall
4,947 Shop
2,219
121
7,287
**Note 5**
Administraton
253 Licences
825
138
1,216|
|---|---|
## **EXAMINER'S REPORT**
I confirm that the attached Receipts and Payments Account for the year ended 31st October 2025 is in accordance with the underlying books and records
S. Daughtry, The Old School House, Dulverton 5th January, 2026