## **Trustees’ Annual Report for the period** **From 1/1/24 Period start date To 31/12/24 Period end date** ## **Charity name:Barrowden Village Hall CIO** ## **Charity registration number:1199981** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**To establish and run a community hub**
**and to promote for Barrowden and the**
**surrounding area the provision of**
**facilities for recreation or other leisure**
**time occupations for the public in the**
**interests of social welfare and improving**
**the conditions of life in the area.**| |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|**Hiring space and facilities to individuals,**
**groups and clubs for social welfare,**
**health and wellbeing and to support**
**social prescribing. Social and fund**
**raising events organised by trustees and**
**volunteers for the general public. Public**
**meetings, council business**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**Trustees have read and follow Charity**
**Commission guidance.**| ## **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 charity relies entirely on volunteers**
**to act as trustees who give help, advice,**
**support and fundraising efforts.**| 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|**The community hub is a focal point for**
**community within Barrowden and the**
**wider rural area. Many leisure groups are**
**held there which benefit users physically,**
**mentally and socially. The hub is**
**available for private celebrations and**
**events allowing local people to meet their**
**friends and neighbours in many different**
**circumstances. It facilitates the**
**community to attend public council**
**meetings and other meetings of**
**importance and interest.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |
Achievements against
objectives set|
Para 1.41|| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**The Charity’s funds are in good order as**
**shown in the Financial Report**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**Reserves are held for emergencies and**
**for ongoing utilites costs.**| |Amount of reserves held|Para 1.22|**£10,000**| |Reasons for holding zero
reserves|Para 1.22|| |Details of fund materially in
deficit|Para 1.24|| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**The Charity is in good health**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |
The charity’s principal
sources of funds (including
any fundraising)|
Para 1.47|
**On going funding is from hire fees paid**
**by user groups and private hires.**
**A proportion of funding is also raised by**
**fund raising events held in the hub and**
**organised by the trustees.**
**Major sources of the funding for the**
**rebuilding project referred to in the**
**Accounts for this year have been grants**
**from the Government’s Community**
**Ownership fund, the National Lottery, a**
**public Works loan, a grant from the local**
**Barrowden Charity, several grants from**
**philanthropic bodies and landfill grants**
**and donations from local residents.**| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**n/a**| |A description of the principal
risks facing the charity|Para 1.46|**The major risk is in the hub being unused**
**and unhired, and at the time of this**
**period end, the hub is only part**
**constructed. However by the time of**
**submission of this report,(Sept 25) the**
**hub is rebuilt and is again being used as**
**much and more than it was previously.**| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**Trust deed and constitution dated 27/2/22**| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**CIO**| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**Election or co-option followed by election**
**at AGM.**| ## **Additional information (optional)** |**Additional information (optional)**|**Additional information (optional)**|**Additional information (optional)**| |---|---|---| |You may choose to include further statements where relevant about:||| |Policies and procedures
adopted for the induction and
training of trustees|Para 1.51|**Trustees terms of reference**| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|**The charity works with other local**
**charities through the CAB VCS network.**| |Relationship with any related
parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charity name|Barrowden Village Hall CIO| |---|---| |Other name the charity uses|Barrowden Community Hub| |Registered charity number|1199981| |Charity’s principal address|24 Wakerley Road
Barrowden
LE15 8EP| ||| ## **Names of the charity trustees who manage the charity** |1
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3
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7
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Valerie Fraser|Chair||| ||TerryCurtis|Secretary||| ||Robert Wright|Treasurer||| ||Paul Diver|||| ||Steven Preston|||| ||Sara Barrett|||| ||Brian Edwards|||| ||Charlotte
Bradshaw|||| ||Ann Hillier|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – Corporate trustees names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets n/a held in this capacity Name and objects of the n/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for n/a safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser** ## **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s)** Valerie Fraser **Full name(s)** Valerie Anne Fraser **Position (eg Secretary,** Chair **Chair, etc)** **Date** 7[th] September 2025 BARROWDEN VILLAGE HALL STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31st December 2024 Charity Name BARROWDEN VILLAGE HALL CIO Charity's principal address BARROWDEN COMMUNITY HUB 24 Wakerley Road Barrowden Oakham LE15 8EP Namas of the charity trust#•s who managè thè charity Name of person lor body) èntltlèd to appolnt trutstee Ilf any) Trustee name Offic• Ilf any) Dates acted If not for whole year #r J Chair Treasurer Secretary RR WDF. MM rs'l'ry ?024 was a yeur doiiiinatLYI by aerivilies ￿ lthied io ihe devclopmLmi of ihe new Communiiy Huh, aliliougli ih¢re w8s a pcriod ufnvm)al liall events from January lo Aptil. Ncw Hub related incomc and expens￿ were managed tbrougb our Chllrities Aid Foundlltion bank account. and normal aeilvilies were Proces￿￿ throukTh our HSBC acctsuiil. In May 2025 our 2024 accounts were auditL4J by extemal ftudiiors Max W¢81th Accountants lliid were dpprovcd without any commLmls whiih was pl￿sIng given the complexity and voluniL' uf Olir 211?4 ¢1CllVllIL%. WL 2(16 tran$￿￿¥110￿s ii¢ross ? bAnk aLLoiillts' wiui a Iiirr￿VerQf morc ihan £700.000 duTin¥ ycar. The opcning bank baloncc wos £27,411 on 1° January 2024 8nd we closed the year on 31. DccembL'r with a b(ilthnLL of£98.455. I'olul incomc in 2024 UmLiunicd to £718,924 comparL.d iu £ l O.X16 in 21123. The vu81 majority or IhL income was ￿ndIng for ihe n¢w hiib and included 4250.0￿ from ihe ¥ovrmmcDt's C.ommuniiV nwnersliip Fund. £?51J.O(X) fmm ihe Naiional Lollcry and over £200.000 from a run&pL vf fun¢JLfs inLlii(lii)bT u £50.000 1)LibliL Wvrkb L￿n from BttrToivdcn PaT1811 CuunLil, dn(l £30,000 doDatton from ihe BarTowd¥n Cbariiy. Mu¢h of the inwme wa5 in ond oui of ihc account in a short tim￿¢01¢. Fxpense$ Increascd dramyli¢Rlly io a toiol of £647.880 in 2024 following thc 8t8rt ijf con8rniciion of (hc I lukn in May. £597,S.l? i?i&id to Mc&%cng¢r Consiru¢rion dtsrin8 the y¢*r nd lh¢ ur¢hilLcts 11a￿15 Mcconnuck w¢r¥ pthid £17.17t4. The nei resuli frorn llll Ihc HLliviliLs was a of£98.45fj 115 ut 315t D¢¢eniher 2024. Ihe v#si majority of whicli wa% sclicdulcd fur CXPLndiiuYL in Q121125 STRUCTURE GOVERNANCE AND MANAGEMENT Description of the charity's trusts Type ofgoverning do¢umenl Constitution adopted 27th July 2022. How the charity is constituted Registered charity 1199981. Governed by a Board of 9 Trustees In accordance with Charity Commission guidelines. Must be 18 or over. Elected annually at the AGM, Nominated by a Trustee and approved by a majority ofTrv5tee5. If appointed between AGMS confirmed at next AGM. Tru8tee 8eleclion methods Addittonal govornanc•118UO8 Overvlew and walk through of roles from chair or secretary. Walk through of Charity Commission welcome pack for trustees. Policies and procedures adopted for the induction and training of trust995 The charity's organisatlonal structure and any wlder network with which the charity works Chalrperson. secretary and treasurer. Board of trustees for overall governance. Trustees non trustee5 and volunteer5 for everyday running. Relationship with any related parties. Loan of £20k with Barrowde Charity, Public Works Loan £50k via Parish Councll and Rutland CC. We adhere to Charity Commission guidelines in the document Charities and Risk Management ICC261 Dec 2010 as well as the provisions in the Barrowden Vllla8e Hall CIO Constltution. We also make use of the resources provided by Action with Communities Rural England (ACRE) in their Village Hall Information Sheets, model documents and other relevant materials. The documents are maintained on file by the secretary and comprise of risk strategy, risk register, issues108 and risk assessments. Relatlonshlp with any related parties Trustees, consideration of major risks and the system and procedures lo manage them OBJECTIVES AND ACTIVITIES Sumrnaryofthe objects of tho charity set out in Its governing do¢umont The objects of the CIO are to establish and run a village hall, and to promote- for the benefit of the inhabitants of the Parish of Barrowden and the surrounding area, without distinction of sex, sexual orientation, age.-disability. nationality, race, or political. religious, or other opinions the provision of facillties for retreation or other leisure-time activ5tles. These facilities are Intended for Individuals who need them due to youth. a8e. infirmity or disability, financial hardship. or social and economic circumstances. and for the public at large. in the interests of social welfare and with the aim of improving the living conditlons of the said inhabitants. ur future purpose is to provide a greatly enhanced and totally elevant Community Hub providin8 social, health, fitnes5 and reatlve events and facilities for all residents of Barrowden. Summary of tha rnaln actlvltles undertaken forthe publlc benafit in relation to these objects hildren. adults, older and disabled people who feel Isolated and all ther sectors of the community will benefit from the new evelopment. They will also be actively engaged in its development o ensure their needs are met and their concerns are addre$5ed. ther Involved parties wlll include the 8arrowden and Wakerley Community Shop and the Barrowden GP Sur8ery whlch provides ellbeing I healthy Ilving services. ACHIEVEMENTS AND PERFORMANCE Summary of the main achievements of the charity during the year. Raising funds and implementing plans for the completion of the construction of a new community hub building at a cost of over 800,000. Finishing the year with a healthy bank balance to be able to fund the new Community Hub in line with our objectives. FINANCIAL REVIEW Brlef statement of the charity's policy on resetves Early usage of our new facility shows that we will exceed our financial xpectations and have sufficient reserves for any problems. None Detalls of any funds materially In deficit Further financial review delails: 2024 was a very complex year because of the large sums of income and expenditure to construct the new Hub with a total cost of circa 800k. Signed on behalf of the charity's trustees Slgnaturg15) Full nam•ls) Posltion Dat ACCOUNTANT'S REPORT TO THE MEMBERS ON THE UNAUDITED ACCOUNTS OF BARROWDEN VILLAGE HALL We report on the account5 forthe year ended 31 December 2024set out on pages 7 and 8. RESPECTIVE RESPONSIBILITIES OF cOMMI￿EE OF MANAGEMENT AND REPORTING ACCOUNTANT The society's Committee of Management is responslble for the preparation of the accounts, and they consider that the society is exempt from an audil. Ir is our responsibllity to carry out procedures designed to enable us to report our oplnion. BASIS OF OPINION Our work wa5 conducted In accordance wlth the Statement of Standards for Reporting Accountants the soclety and making such limited enquirles of the officers of the society as we considered necessary for the purpose of this report. These procedures provide the only assurance expressed in our opinlon. OPINION In our opinion the accounts and balance sheet for year ended 31 December 2024 are in agreement with the books of account kept by the society and that, on the basis of the information contained in the books of account, they comply with the requirements of the Co-operative and community benefit Societies Act 2014. In our oplnlon the soclety has satlsfied the condltions for exemption from an audlt of the atcounts tor the year ended 31 December 2024 as Set out in the Industrial and Provident Societles Act 1965 and the Frlendly and Industrial and Provident Societies Art 1968 and did not at any time within the year fall wtthin any of the categorles of soclety not entltled to such exemption. Max Wealth A¢¢ountants Accountant 40 Melton Road (First Floor) Oakham Rutland LEIS 6AY BARROWDEN VILLAGE HALL INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31° DECEMBER 2024 INCOME Hirings Event proceeds HSBC Development Interest Shop Rent Donations Funding Other 450 4,183 6,137 4,041 123 4,374 709,362 432 1,284 76,524 113 TOTAL INCOME 718,924 88,101 EXPENDITURE Advertlsin8 Alcohol Il¢ence Water & sewage Cleaning OecoratlonlM?intenance EleciricStv Flre extln8ulshers Audit fees Hall Insurance PerformlnB Rlghts Bank charges ACRE membershlp ACRE (rainin8 course Donation Sundries New Village H811 TOTAL EXPENDITURE 70 182 70 253 622 1,095 4,590 182 745 840 450 594 139 94 48 151 155 121 96 1,205 643,726 647080 2,064 80,377 90,396 Excess of Income Over Expendlture for the Year BARAOWDEN VILLAGE HALL FUNDS Balance at 1st January 2023 Exce55 of Expendblure Over Income for the Yeai Exce￿ of Income Over Expendlture for the Year 27,411 29.706 2,295 71,044 BALANCE AS AT YI" DECEMBER 2024 98A55 27,411 BARROWDEN VILLAGE HALL BALANCE SHE FOR THE YEAR ENDED 31" DECEMBER 2024 2024 2023 CURRENT ASSETS Cash at bank.. HSBC Current Account HSBC DeposSt COIF Alw payln CAF Current Account 8,017 9,428 91,2TI 18.432 TOTAL ASSErs 99,295 27,861 CURRENT UABILITIES Creditors 840 450 NET AsS￿s 98,455 27.411 REPRESENTED BY General Fund balance 98 27NII The above statement represents falrly the financlal posltlon of Barrowden VSlla8e Hall as at 31st December 2024 and reflect its Inwme and expenditure durln8 the year. Chairman Flnance Officer BARROWDEN VILLAGE HALL ACCOUNTS FOR THE YEAR ENDING 31" DECEMBER 2023 SUPPORTING NOTES LEASES As of 31 December 2024. there were no leases in opeiation. 80RROWINGS As of 31 December 2024, no loans were outstandlng. ITORS Accounts and Audit Fees £840 £840 TENANCIES As of 31 Deeember 2024, there were no tenancles. Grazing licence granted on land for future burlal Bround at £10 per annum. N13 PAYM NTS SectSon 337 of the Local Government Att 1972 enable parlsh councils to spend up to the prorjuct of £10.81 per head of the electorate for the benefit of people in the area on activitie5 and projects not specifically authorised by other powers. Independent Accountants? Report to Barroivden Village Hall CIO And to the Ac¢ounting Officerlor the Mini•try of Hou¥yng• Communtties gnd LA￿1 Government We have read the funding awment between Barrowdcn Village HAII CIO And th¢ Secretary of State dated 23 July 2024. Thc Statement of Grant Usa8¢ been prwared by Robert WrighL and is the sole responsibility of. the management of Ba￿wden Villag¢ Ho11 CIO. Our responsibility, is ￿ forni an opinion on the basis of the work perfonntsl and T¢Wt our opitiion to BaTTowdon Villag# Hall CIO ènd the Ministy of Housing, Communittes and LL￿1 Government. l)ur work was directed to those matters which in our view mAteri￿lY affect the Statement of CNaat Usagc and was not directed to thc discovery of errors or miss18temonls that we consider to be immaterillt. Whilst we wforn) our wc(k with rea50D2bl¢ skill and car4 it sbould not be relied UPJD to disclose all Mi￿181¢M¢￿￿ fraud or errors that might exi5L We have also ¢xamin¢d the records of Barrowden Village H&ll CIO, carried out such tests a5 we ¢onsiderne¢essary and ￿e1Ved such explanations from the management of Bantswden Village HAII CIO as we ¢onsid¢r n¢¢¢ss8ry ¢0 ¢n8ble us to forni our opinion. Opinions: (l) On the bgsis of the WO￿ perrornie￿ in ouropinion we hav¢ obtsined suifKient and 4ppwpri4t¢ idence that the Ststement of Grant UsA8< irt all m)l¢rial resFe¢ts, presents fairly the eligible ¢xpendilwe in the context of this 8rant and in o¢¢ord3nce with the definition of eligible expenditure set out in the funding a8reemoni beNeen Burowden Vllkn8¢ Hall CIO And the Sxr¢¢ary of State, during th¢ periThJ 01 J8nuary 2024 to 31 Dttember 2024. (2) In thecow8• of our work nothin8 ￿The to our attelltioll that is inwnsislent with the statements mAde in the certiftcate signed on behalf of betwe¢n Bornwden V1114ge Hall CIO. whi¢h foTrn$ pth of the St0kment of Grant Usage. Thi8 report is provided for the purpose of allowing BaTrowden Village Hall CIO to meet its reportins l obligations in respect of 8r8nts re¢eivabl¢ from the Ministy of Housin& Communities and tncal Government and on the basi5 that it 1$ for Lse by Barrowden Vill88e Hall CIO and the Ministy of Hou$ing¥ Communities and Local Govemm¢nL Mohammed Osman FCCA Max Weallh Accountan18 40 Mellon Road. IFw5t Floori Oakham LE15 6AY maxwealIh￿.¢OM 01572 75S328 MAX W¢ttlth A¢¢ountsT ccountant 10 Melton IFiT8t Fliy)r) iiutland LE15 6AY BARROWDEN VILLAGE HALL STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31st December 2024 Charity Name BARROWDEN VILLAGE HALL CIO Charity's principal address BARROWDEN COMMUNITY HUB 24 Wakerley Road Barrowden Oakham LE15 8EP Namas of the charity trust#•s who managè thè charity Name of person lor body) èntltlèd to appolnt trutstee Ilf any) Trustee name Offic• Ilf any) Dates acted If not for whole year #r J Chair Treasurer Secretary RR WDF. MM rs'l'ry ?024 was a yeur doiiiinatLYI by aerivilies ￿ lthied io ihe devclopmLmi of ihe new Communiiy Huh, aliliougli ih¢re w8s a pcriod ufnvm)al liall events from January lo Aptil. Ncw Hub related incomc and expens￿ were managed tbrougb our Chllrities Aid Foundlltion bank account. and normal aeilvilies were Proces￿￿ throukTh our HSBC acctsuiil. In May 2025 our 2024 accounts were auditL4J by extemal ftudiiors Max W¢81th Accountants lliid were dpprovcd without any commLmls whiih was pl￿sIng given the complexity and voluniL' uf Olir 211?4 ¢1CllVllIL%. WL 2(16 tran$￿￿¥110￿s ii¢ross ? bAnk aLLoiillts' wiui a Iiirr￿VerQf morc ihan £700.000 duTin¥ ycar. The opcning bank baloncc wos £27,411 on 1° January 2024 8nd we closed the year on 31. DccembL'r with a b(ilthnLL of£98.455. I'olul incomc in 2024 UmLiunicd to £718,924 comparL.d iu £ l O.X16 in 21123. The vu81 majority or IhL income was ￿ndIng for ihe n¢w hiib and included 4250.0￿ from ihe ¥ovrmmcDt's C.ommuniiV nwnersliip Fund. £?51J.O(X) fmm ihe Naiional Lollcry and over £200.000 from a run&pL vf fun¢JLfs inLlii(lii)bT u £50.000 1)LibliL Wvrkb L￿n from BttrToivdcn PaT1811 CuunLil, dn(l £30,000 doDatton from ihe BarTowd¥n Cbariiy. Mu¢h of the inwme wa5 in ond oui of ihc account in a short tim￿¢01¢. Fxpense$ Increascd dramyli¢Rlly io a toiol of £647.880 in 2024 following thc 8t8rt ijf con8rniciion of (hc I lukn in May. £597,S.l? i?i&id to Mc&%cng¢r Consiru¢rion dtsrin8 the y¢*r nd lh¢ ur¢hilLcts 11a￿15 Mcconnuck w¢r¥ pthid £17.17t4. The nei resuli frorn llll Ihc HLliviliLs was a of£98.45fj 115 ut 315t D¢¢eniher 2024. Ihe v#si majority of whicli wa% sclicdulcd fur CXPLndiiuYL in Q121125 STRUCTURE GOVERNANCE AND MANAGEMENT Description of the charity's trusts Type ofgoverning do¢umenl Constitution adopted 27th July 2022. How the charity is constituted Registered charity 1199981. Governed by a Board of 9 Trustees In accordance with Charity Commission guidelines. Must be 18 or over. Elected annually at the AGM, Nominated by a Trustee and approved by a majority ofTrv5tee5. If appointed between AGMS confirmed at next AGM. Tru8tee 8eleclion methods Addittonal govornanc•118UO8 Overvlew and walk through of roles from chair or secretary. Walk through of Charity Commission welcome pack for trustees. Policies and procedures adopted for the induction and training of trust995 The charity's organisatlonal structure and any wlder network with which the charity works Chalrperson. secretary and treasurer. Board of trustees for overall governance. Trustees non trustee5 and volunteer5 for everyday running. Relationship with any related parties. Loan of £20k with Barrowde Charity, Public Works Loan £50k via Parish Councll and Rutland CC. We adhere to Charity Commission guidelines in the document Charities and Risk Management ICC261 Dec 2010 as well as the provisions in the Barrowden Vllla8e Hall CIO Constltution. We also make use of the resources provided by Action with Communities Rural England (ACRE) in their Village Hall Information Sheets, model documents and other relevant materials. The documents are maintained on file by the secretary and comprise of risk strategy, risk register, issues108 and risk assessments. Relatlonshlp with any related parties Trustees, consideration of major risks and the system and procedures lo manage them OBJECTIVES AND ACTIVITIES Sumrnaryofthe objects of tho charity set out in Its governing do¢umont The objects of the CIO are to establish and run a village hall, and to promote- for the benefit of the inhabitants of the Parish of Barrowden and the surrounding area, without distinction of sex, sexual orientation, age.-disability. nationality, race, or political. religious, or other opinions the provision of facillties for retreation or other leisure-time activ5tles. These facilities are Intended for Individuals who need them due to youth. a8e. infirmity or disability, financial hardship. or social and economic circumstances. and for the public at large. in the interests of social welfare and with the aim of improving the living conditlons of the said inhabitants. ur future purpose is to provide a greatly enhanced and totally elevant Community Hub providin8 social, health, fitnes5 and reatlve events and facilities for all residents of Barrowden. Summary of tha rnaln actlvltles undertaken forthe publlc benafit in relation to these objects hildren. adults, older and disabled people who feel Isolated and all ther sectors of the community will benefit from the new evelopment. They will also be actively engaged in its development o ensure their needs are met and their concerns are addre$5ed. ther Involved parties wlll include the 8arrowden and Wakerley Community Shop and the Barrowden GP Sur8ery whlch provides ellbeing I healthy Ilving services. ACHIEVEMENTS AND PERFORMANCE Summary of the main achievements of the charity during the year. Raising funds and implementing plans for the completion of the construction of a new community hub building at a cost of over 800,000. Finishing the year with a healthy bank balance to be able to fund the new Community Hub in line with our objectives. FINANCIAL REVIEW Brlef statement of the charity's policy on resetves Early usage of our new facility shows that we will exceed our financial xpectations and have sufficient reserves for any problems. None Detalls of any funds materially In deficit Further financial review delails: 2024 was a very complex year because of the large sums of income and expenditure to construct the new Hub with a total cost of circa 800k. Signed on behalf of the charity's trustees Slgnaturg15) Full nam•ls) Posltion Dat ACCOUNTANT'S REPORT TO THE MEMBERS ON THE UNAUDITED ACCOUNTS OF BARROWDEN VILLAGE HALL We report on the account5 forthe year ended 31 December 2024set out on pages 7 and 8. RESPECTIVE RESPONSIBILITIES OF cOMMI￿EE OF MANAGEMENT AND REPORTING ACCOUNTANT The society's Committee of Management is responslble for the preparation of the accounts, and they consider that the society is exempt from an audil. Ir is our responsibllity to carry out procedures designed to enable us to report our oplnion. BASIS OF OPINION Our work wa5 conducted In accordance wlth the Statement of Standards for Reporting Accountants the soclety and making such limited enquirles of the officers of the society as we considered necessary for the purpose of this report. These procedures provide the only assurance expressed in our opinlon. OPINION In our opinion the accounts and balance sheet for year ended 31 December 2024 are in agreement with the books of account kept by the society and that, on the basis of the information contained in the books of account, they comply with the requirements of the Co-operative and community benefit Societies Act 2014. In our oplnlon the soclety has satlsfied the condltions for exemption from an audlt of the atcounts tor the year ended 31 December 2024 as Set out in the Industrial and Provident Societles Act 1965 and the Frlendly and Industrial and Provident Societies Art 1968 and did not at any time within the year fall wtthin any of the categorles of soclety not entltled to such exemption. Max Wealth A¢¢ountants Accountant 40 Melton Road (First Floor) Oakham Rutland LEIS 6AY BARROWDEN VILLAGE HALL INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31° DECEMBER 2024 INCOME Hirings Event proceeds HSBC Development Interest Shop Rent Donations Funding Other 450 4,183 6,137 4,041 123 4,374 709,362 432 1,284 76,524 113 TOTAL INCOME 718,924 88,101 EXPENDITURE Advertlsin8 Alcohol Il¢ence Water & sewage Cleaning OecoratlonlM?intenance EleciricStv Flre extln8ulshers Audit fees Hall Insurance PerformlnB Rlghts Bank charges ACRE membershlp ACRE (rainin8 course Donation Sundries New Village H811 TOTAL EXPENDITURE 70 182 70 253 622 1,095 4,590 182 745 840 450 594 139 94 48 151 155 121 96 1,205 643,726 647080 2,064 80,377 90,396 Excess of Income Over Expendlture for the Year BARAOWDEN VILLAGE HALL FUNDS Balance at 1st January 2023 Exce55 of Expendblure Over Income for the Yeai Exce￿ of Income Over Expendlture for the Year 27,411 29.706 2,295 71,044 BALANCE AS AT YI" DECEMBER 2024 98A55 27,411 BARROWDEN VILLAGE HALL BALANCE SHE FOR THE YEAR ENDED 31" DECEMBER 2024 2024 2023 CURRENT ASSETS Cash at bank.. HSBC Current Account HSBC DeposSt COIF Alw payln CAF Current Account 8,017 9,428 91,2TI 18.432 TOTAL ASSErs 99,295 27,861 CURRENT UABILITIES Creditors 840 450 NET AsS￿s 98,455 27.411 REPRESENTED BY General Fund balance 98 27NII The above statement represents falrly the financlal posltlon of Barrowden VSlla8e Hall as at 31st December 2024 and reflect its Inwme and expenditure durln8 the year. Chairman Flnance Officer BARROWDEN VILLAGE HALL ACCOUNTS FOR THE YEAR ENDING 31" DECEMBER 2023 SUPPORTING NOTES LEASES As of 31 December 2024. there were no leases in opeiation. 80RROWINGS As of 31 December 2024, no loans were outstandlng. ITORS Accounts and Audit Fees £840 £840 TENANCIES As of 31 Deeember 2024, there were no tenancles. Grazing licence granted on land for future burlal Bround at £10 per annum. N13 PAYM NTS SectSon 337 of the Local Government Att 1972 enable parlsh councils to spend up to the prorjuct of £10.81 per head of the electorate for the benefit of people in the area on activitie5 and projects not specifically authorised by other powers. Independent Accountants? Report to Barroivden Village Hall CIO And to the Ac¢ounting Officerlor the Mini•try of Hou¥yng• Communtties gnd LA￿1 Government We have read the funding awment between Barrowdcn Village HAII CIO And th¢ Secretary of State dated 23 July 2024. Thc Statement of Grant Usa8¢ been prwared by Robert WrighL and is the sole responsibility of. the management of Ba￿wden Villag¢ Ho11 CIO. Our responsibility, is ￿ forni an opinion on the basis of the work perfonntsl and T¢Wt our opitiion to BaTTowdon Villag# Hall CIO ènd the Ministy of Housing, Communittes and LL￿1 Government. l)ur work was directed to those matters which in our view mAteri￿lY affect the Statement of CNaat Usagc and was not directed to thc discovery of errors or miss18temonls that we consider to be immaterillt. Whilst we wforn) our wc(k with rea50D2bl¢ skill and car4 it sbould not be relied UPJD to disclose all Mi￿181¢M¢￿￿ fraud or errors that might exi5L We have also ¢xamin¢d the records of Barrowden Village H&ll CIO, carried out such tests a5 we ¢onsiderne¢essary and ￿e1Ved such explanations from the management of Bantswden Village HAII CIO as we ¢onsid¢r n¢¢¢ss8ry ¢0 ¢n8ble us to forni our opinion. Opinions: (l) On the bgsis of the WO￿ perrornie￿ in ouropinion we hav¢ obtsined suifKient and 4ppwpri4t¢ idence that the Ststement of Grant UsA8< irt all m)l¢rial resFe¢ts, presents fairly the eligible ¢xpendilwe in the context of this 8rant and in o¢¢ord3nce with the definition of eligible expenditure set out in the funding a8reemoni beNeen Burowden Vllkn8¢ Hall CIO And the Sxr¢¢ary of State, during th¢ periThJ 01 J8nuary 2024 to 31 Dttember 2024. (2) In thecow8• of our work nothin8 ￿The to our attelltioll that is inwnsislent with the statements mAde in the certiftcate signed on behalf of betwe¢n Bornwden V1114ge Hall CIO. whi¢h foTrn$ pth of the St0kment of Grant Usage. Thi8 report is provided for the purpose of allowing BaTrowden Village Hall CIO to meet its reportins l obligations in respect of 8r8nts re¢eivabl¢ from the Ministy of Housin& Communities and tncal Government and on the basi5 that it 1$ for Lse by Barrowden Vill88e Hall CIO and the Ministy of Hou$ing¥ Communities and Local Govemm¢nL Mohammed Osman FCCA Max Weallh Accountan18 40 Mellon Road. IFw5t Floori Oakham LE15 6AY maxwealIh￿.¢OM 01572 75S328 MAX W¢ttlth A¢¢ountsT ccountant 10 Melton IFiT8t Fliy)r) iiutland LE15 6AY