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2025-06-30-accounts

RVH Audited Accounts Ridgewood Village Hall For the year ended 30 June 202 5

Contents

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RVH Accounts Ridgewood Village Hall

Charity Information

Ridgewood Village Hall For the year ended 30 June 202 5

Karen Bedwell Chair
Marion Love Booking Officer
Ian Charles Noble Vice Chair
Ian Christopher Ridley Treasurer
Ian Smith Health & Safety Officer
Christne Metcalfe General Trustee
Janine Williams Disability Advisor
Sally Davis General Trustee
Janet Davey General Trustee
Rosina Reed Secretary

Ridgewood Village Hall

New Road

Uckfield

East Sussex

TN22 5TE

• Independent Examiner

Ian Watson

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RVH Accounts Ridgewood Village Hall

Trustees' Report

Ridgewood Village Hall For the year ended 30 June 202 5

The trustees present their report and accounts for the year ended 30 June 202 5

TRUSTEES

The trustees are:

Karen Bedwell Ian Christopher Ridley -Appointed 30 October 2024 Jane Atherton-Resigned 30 October 2024
Marion Love ChristineMetcalfe
Ian Smith JanetDavey
Ian Charles Noble JanineWilliams
Sally Davis RosinaReed

DEVELOPMENT, ACTIVITIES AND ACHIEVEMENTS

The charity continued to let the hall to cover the costs of its maintenance and its community events. Fundraising events were again organised to generate savings for future improvements to the hall.

When reviewing the charity’s aims and objectives and in planning future activities, the Trustees have considered the Charity Commission’s general guidance on public benefit.

FINANCIAL REVIEW AND FUTURE DEVELOPMENTS

There was an increased surplus of £ 14,597 this year (£10,761 last year) due to higher income and reduced premises expenditure

RESERVES POLICY

It is the policy of the charity that unrestricted funds should be maintained at a level equivalent to approximately £ 8,000 to cover the administrative costs of the charity for 12 months if the hall is closed. The current reserves held are £ 140,632 (£126,034) last year.

APPOINTMENT OR ELECTION OF TRUSTEES

The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the constitution.

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RVH Accounts Ridgewood Village Hall

Trustees' Report

RISK MANAGEMENT

The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operation and finances of the charity, and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks.

STATEMENT OF TRUSTEES RESPONSIBILITIES

The trustees are required under the Charities Act 2011 to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view, the trustees should follow best practice and:

  1. Select suitable accounting policies and apply them consistently;

  2. Make judgements and estimates that are reasonable and prudent;

  3. State whether applicable accounting standards and statements of recommended practice have been followed, subject

  4. Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will

The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy the financial position of the charity and to enable them to ensure that the financial statements comply with applicable law and regulations. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the Trustees are aware:

There is no relevant information of which the charity's examiner is unaware; and

The Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant information and to establish that the examiner is aware of that information.

APPROVAL

This report was approved by the trustees and signed on their behalf by:

Karen Bedwell

Date: 29[th] October 2025

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RVH Accounts Ridgewood Village Hall

Independent Examiner's Report to the Trustees of Ridgewood Village Hall (Charity number 1200029)

I report to the trustees on my examination of the accounts of the above charity for the year ended June 30, 2025.

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 Trust'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:

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.

Signed

Date: October 27, 2025

Name: Ian R Watson FCA (retired)

Eightbells

13 Eagle Close Uckfield TN22 5WL

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RVH Accounts Ridgewood Village Hall

Statement of Financial Activities
The Ridgewood Village hall Committee
For theyear ended 30June 2025
Account 2025 2024 Notes
LettingIncome 33,672 33,561
Grants and Donations 7,477 7,273
CommunityEvents Income 10,567 7,014 3
Fundraisingincome 4,298 3,448 2
Toysales 307 91
56,321 51,387
CommunityEvents Costs 10,017 5,465
FundraisingCosts 411 2,544
Printing, stationery& Newsletters 1,037 348
Advertising 47 103
Licences & Training 1,047 186
12,559 8,646
Income after direct expenditure
43,762
42,741
Premises expenditure
Rent & Rates 395 260
Cleaning 5,897 5,530
CaretakingCosts 1,475 1,490
Insurance 2,777 1,461
Light, Power, Heating 3,428 6,264
Water Rates 623 342
Hall furniture & Equipment 594 49
Repairs & Maintenance 4,432 6,466
Telephone & Internet 457 379
Total Premises expenditure 20,078 22,241
Professional fees
Independent Examination Fees 0 60
Audit and Accountancy 0 1,512
Total Professional fees 0 1,572
Other overheads
IT Software and Consumables 548 401
Subscriptions 293 718
Gifts 71 83
RVH Clothing 299 0
Sundries 94 10
Total Other overheads 1,305 1,212
Finance costs 103 86
Depreciation expense 8,881 7,954
30,367 33,065
Interest Income 1,202 1,085
1,202 1,085
Surplus / (Deficit)
14,597
10,761
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~~Ridgewood Village Hall~~		 ~~Page 7 of 11~~

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~~RVH Accounts Ridgewood Village Hall~~

Balance Sheet

Ridgewood Village Hall

As at 30 June 2025

Account 30-Jun-25
30Jun 2024
Fixed Assets
Tangible Assets
Leasehold Improvements 77,281
78,714
Equipment 1,839
1,414
Office Equipment 227
267
Total Tangible Assets at Net Book Value 79,347
80,395
Total Fixed Assets
Current Assets		 79,347
80,395
Cash at bank and in hand
CAF Banks 62,703
44,922
Cash held byMarion 340
249
Total Cash at bank and in hand 63,043
45,171
Accounts Receivable 289
1,425
Prepayments
Stock for Resale		 1,826
1,763
410
0
Total Current Assets
Creditors: amounts falling due within oneyear		 65,568
48,359
Accounts Payable 1,299
37
Accruals 1,213
84
Income in Advance 456
2,059
Refundable deposits on key fobs
Deposits in Advance		 640
540
675
0
Total Creditors: amounts falling due within one year 4,283
2,720
Net Current Assets(Liabilities) 61,285
45,639
Total Assets less Current Liabilities 140,632
126,034
Net Assets 140,632
126,034
Capital and Reserves
Surplus/ (Deficit)in Year 14,597
10,761
Unrestricted Funds Brought Forward 126,035
115,274
Total Capital and Reserves 140,632
126,035

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RVH Accounts Ridgewood Village Hall

Notes to the accounts

Ridgewood Village Hall For the year ended 30 June 2025

1. Accounting Policies

1.1 Basis of Preparation of Accounts

The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and Charities Act 2011. The Ridgewood Village Hall constitutes a public benefit entity as defined by FRS 102.

1.2 Income

Voluntary income and donations are accounted for as received by the charity.

Donated professional services are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

1.3 Management and Administration Expenditure

Expenditure on management and administration of the charity includes all expenditure not directly related to the charitable activity. This includes administration costs and the independent examiners fees.

1.4 Tangible Fixed Assets and depreciation

Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold. 15 years straight line
Equipment 4 years straight line
Ofce Equipment 15% reducing balance

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RVH Accounts Ridgewood Village Hall

1.5 Government Grants

Grants are credited to the Statement of financial activities as the related expenditure is incurred.

1.6 Fundraising

Ridgewood Village Hall relies on the support of its individual donors. Without it, Ridgewood Village Hall would not be able to continue to pursue their objective. Consequently, fundraising policies and procedures are robust and transparent, and are applied scrupulously.

Ridgewood Village Hall promises their supporters to make the best use of their donation, be transparent in how donations are spent, inform donors about the difference their support makes, respecting privacy and make it easy for donors to choose how they communicate with them. Ridgewood Village Hall keeps abreast of, and adapt to, all and any changes in the regulatory framework and adhere to current regulations, including the General Data Protection Regulation 2018 and the Code of Fundraising Practice issued by the Fundraising Regulator.

1.7 Financial Instruments

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

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RVH Accounts Ridgewood Village Hall

----- Start of picture text -----
2. Fundraising Income
2025 2024
£ £
Autumn Fair 277.65 2,506.11
Quiz Night 492.53 635.00
Race Night 1,118.10 0.00
Barn Dance 1,187.00 0.00
Bingo 180.09 0.00
Wealden Lottery 1,042.50 306.50
Total Income 4,297.87 3,447.61
3. Community Events Income
2025 2024
£ £
Baby & Toddler Group 1,393.13 1,059.60
Housebound Club 340.00 524.00
Nibble & Natter 1,030.00 544.30
Outreach Lunch Club 6,448.49 4,886.16
Time for Tea & Friends 1,355.90 0.00
Total Income 10,567.52 7,014.06
----- End of picture text -----

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RVH Accounts Ridgewood Village Hall