Woodham Walter Village Hall (Registered Charity number 1198220)
Trustees Annual Report for the year ended 30[th] September 2024
Governance
The charity’s address is Woodham Walter Village Hall, Rectory Rd, Woodham Walter, Maldon CM9 6RE.
The charity is a village hall, to be used predominately by villagers for recreational, social, educational and wellbeing purposes. The charity owns the building and land immediately surrounding the Hall. The charity is a CIO registered on 11 March 2022 and operates entirely for public benefit.
Trustees of the charity are;Merryl Cox (appointed 11/03/22) Sarah Maxted (appointed 11/03/22) Jane Weedon (appointed 11/03/22)
Activities for the year 2023/24
Woodham Walter Village Hall attracts a wide range of user groups of all ages, who use the Hall for various activities including dance, yoga, drama, karate and puppy training classes as well as Parish Council meetings and local elections.
Two fundraising events were organised this year which were well attended and raised funds for the hall.
Accounts for the year 2023/24
Lettings income has increased by 35.5% this year, due to an increase in hire fees in January as well as an increase in hirers. This additional income is needed to cover the costs of running the hall which increased dramatically in 2022/23. Net fundraising income of £390 has also contributed to the increase in income and we are grateful to the parish council for their grant of £325 and their continued support. The charity made a surplus this year of £1,365 and carries forward a balance of £9,813.
Risk Areas and Risk Management
The charity had previously set a target to keep 2 years’ operational costs in reserves, which from the accounts would be £15,000. At present the charity has just over 15 months of reserves, which is healthy, if a little short of the target. The greatest risk to the charity at present is the low number of trustees. Efforts are being made to recruit new trustees to the board.
Signed ………………………………………………………
Date …………………………..
On behalf of the Trustees
WOODHAM WALTER VILLAGE HALL Registered Charity no. 1198220
Receipts & Payments Account for the year ended 30th September 2024
| £ £ £ RECEIPTS Unrestricted Restricted Total Lettings 8024.25 8024.25 Fund raising 410.66 410.66 Grants 325.00 325.00 Interest 120.10 120.10 TOTAL RECEIPTS 8880.01 0.00 8880.01 PAYMENTS Charitable Activities Caretaking/Cleaning Contractor -2760.00 -2760.00 Cleaning Supplies -477.71 -477.71 Electricity and Water -1233.49 -1233.49 Maintenance -1660.17 -1660.17 Insurance -1046.05 -1046.05 PRS -235.80 -235.80 Administration of the charity Independent Examination 0.00 0.00 Affiliation Fees -80.40 -80.40 Other Expenditure Fundraising Costs -21.00 -21.00 Legal and Professional fees 0.00 0.00 TOTAL PAYMENTS -7514.62 0.00 -7514.62 NET SURPLUS / DEFICIT 1365.39 0.00 1365.39 Balances Brought Forward 8447.63 8447.63 Balances Carried Forward 9813.02 0.00 9813.02 2023/24 |
2022/23 £ 5918.50 360.00 90.50 |
|---|---|
| 6369.00 | |
| -2760.00 -187.49 -1227.25 -1333.28 -1122.50 -114.21 0.00 -72.00 0.00 -1340.00 |
|
| -8156.73 | |
| -1787.73 10235.36 |
|
| 8447.63 |
WOODHAM WALTER VILLAGE HALL Registered Charity no. 1198220
Statement of Assets & Liabilities at 30th September 2024
| MONETARY ASSETS Deposits and Bank Balances |
2024 £ |
2023 £ |
|---|---|---|
| Nat West Current Account | 801.44 | 888.65 |
| Nat West Deposit Account HSBC Debtors Lettings outstanding Creditors Lettings received in advance PRS/PPL due Independent Examination |
9011.58 0.00 9813.02 0.00 -120.00 -114.00 |
7549.17 9.81 8447.63 186.50 -50.00 -154.80 |
NON MONETARY ASSETS Land and buildings Tables and chairs Kitchen Equipment Cleaning materials
Independent examiner’s report to the trustees of Woodham Walter Village Hall (registered charity number 1198220)
I report to the trustees on my examination of the accounts of Woodham Walter Village Hall (the charity) for the year ended 30[th] September 2024.
Responsibilities and basis of report
As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Act).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mrs Janet Stobart, FCCA RCCE, Threshelfords Business Park, Inworth Road, Feering CO5 9SE 14[th] October 2024