FLeet Meadow Community Hall Charity Accounts year ended 31" January 2024 Registered Charity number 1200789 Report of the independent examiner to The Fleet Meadow Community Hall Charity Report on the ar￿unt$ ofThe fleet Meadow Community Hall foi'the year ended 31" Januai'y 2024, which are set out on pages 110 7 of the Stateiyjent of Accounts atlached. Respective responsibilitie5 of ti'ustee and independcnt examiner The C.hai'ity's trustee is iesponsible for the pi'eparation of the aeeounts. The Chai'ity's tiustee con%ider% that an audit Is not required for this yeai. (undei. section 43(2) of the Chai'ities Aet 1993 (the 1993 Act)) and that an independent examination is needed. It is my responsibility to Examine the accounts {undei' section 43{3)(a) of the 1993 Aot} Follow the proceduirs laid down in the Geneixl Diiect10115 given by the ChaTity Commissioner5 (undei. section 43{7)(bl of the 1993 Act). and State whethei. partieular Inatters have coine to my attention. This repoit is mude solely to the Trustees of The Fleet Meadow Corninunity Hall in accordance with the Charities Act 1993. My woi'k has been undertaken so that I might statc to the Trustees those matters l Ain required to in an examinei 5 Teport and for no other purpose. To the fullest extent permitted by law, I do noi accept oi. assume icspon8ibility to anyone other than thc'frusteos of The rieet Meadow Commullity Hall for my work, for this repoit, or for the opinions I have formed. Basis of iiidependent examin¢r'$ report My examination was carrieil out in accordanee wilh the General Direction for Independent Exainination sgsued by the Churity Cominissioner5. An exainination includes a review of the accounting recoi'ds kept by the Charity and a coinparison of the accounts pyesented with those rccoi'ds. It also includes consideration of any unusual items or di.8closures in the aceounis and seeking of cxplanations from you as trustee conecrning such Tnatters. The procedures iind¢rlakcn do not PTovide all the evidence that would bc rcquii'ed if a full audit was undei'laken, and consequently I do not expi'ess an audit opinion on the view giveli by the accounts. Ex#minei' s statement In Co[￿etti0￿ with my exaininatiun, no Inatt¢i' ha5 coine to Iny attention: (l) which gives Ine Irasonable cause to believe ihat in any in&teriaS respect the requiitin¢ntS.' to kcep accoiinting re￿rdS in accoi'dance with Section 41 of the Act.. and to pi'epaj'e accouiils which acLord with the ac¢ounting recoi'ds and to coinply with the dc¢ounling i'equii'einents of the Acl, have not been intt. or (21 to wl)i¢h, iii iny upiiiioii, attention should be diawn in oixler to enable a proper understanding of the accounts to be reaehed. Chi'istnpher Hacliett 18 Novcihbcr 2024 I,oi' and on bchalf of Auditing Solution8 Ltd Statement of financial activities {incorporating an income and expenditure account) For the year ended 31 January 2024 2024 Total 2023 Total Note Incom8 from: Donations and legacies Charitable aclivilies.. Hall rental Investment income Other income 32,153 64,081 Total In¢omg 96.234 ExpBndlture on.. Raising funds Charitable aclivilies.. - staff costs D1￿ct costs - Support ¢osts 3,156 30,246 2,172 Total expenditure 35,574 Net incomè 118xpgndltur81 before net gains I Ilossesl on investments 60.860 Net gains I Ilossesl on investments Net income I lexpendlturel for th& year 60,660 Transfers between funds Net movemgnt in fund$ 60,660 Reconciliation of funds: Totsl funds brought forward Total funds ¢arrled forward 60,660 All of the above resu118 arè deriv&d from continuing activitie8. There were no other r&cognised gains or losses other than Ihose staled above. The attached notes form part of these linancial statements. Balance sheet As at 31 January 2024 2024 2024 2023 2023 Note Fixed assets: Tangible assets Investsnents 7,731 7,731 Current assets: Debtors Cash at bank and in hand 54.305 54,305 Liabilitiès: Creditors.. amounts falling due wlhin one year 11.3761 Net currènt assèts I Iliabiliti8$1 52,929 Total net assets I Iliabilitiesl 60,660 Fund5 Unreslricled Funds 60,660 Total funds 60,660 The finan 181 slate enls were 8pproved and aulhorised for issue by the Trustees on .2024 and signed on their behalf by.. Trustee The attached notes form part of the financial slalemenls. Notes to thè flnancial statements For the year ended 31 January 2024 1 Accountlng poll¢les al Basls of prèparation The financial slalem&nls h8ve been prepared in accordance with Accounting and Reporting by Chaiilies". statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in Ihe UK and Republic of Ireland IFRS 102- effective 1 January 20151 {Charilies SORP FRS 1021. The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised al historical cost or transaction value unless olherwse $18lttd in the relevant accounting policy or note. bl Going concern The Iruslees consider that there are no material un¢ertainlies about the charity's ability lo continue as a going concern. The Iruslees do not consider that there a￿ any sources of eslim81ion uncertainty at the reportin9 date that have a significant risk of causing a material adjuslmenl lo the carrying amounts of assets and liabilities within the next reporting period. I Incomè Income is recognised when the charity has enlillemenl lo the funds, any performance conditions attached to the income have been mel, it is probable that the income will be received and that the amount be measured f) Fund accountlng All funds received a￿ unreslricled and available for use by the charity. g} Expenditure and irrecoverable VAT Expenditur& is recognised once there is a legal or conslruclive obligation lo make a payment lo a third party, il is probable that 5etllemenl will be required and tho amount of the obligation can be measured reliably. Expenditure is classified under the followng activity headings.. Staff costs. being the c051 of staff emplloyed by Didcol Town Council recharged to the ¢harity. Premises costs, being the costs of maintaining the building and renting il out for use by Members of the community, Support costs, being Ih05e adfninislralive costs necessary lo support the purposes of the charity. Irrecoverable VAT is ¢harg6d 8s a wsl again8t the activity for which the expenditure was in¢urred. il Property The freehold of the property is held by Didcol Town Council. The lease is held by Fleet Meadow Community Association IFMCAI registered charity number 900345 and is in the process of being transferred lo the charity. Jl Tangible fixed assets Building improvements and items of equipment and furniture have been capilalised and their costs depreciated using the slraighl line method over their expected useful lives with a full year's depreciation being Charged in the year of purchase. The expected useful lives used a￿.. Bullding improvements 10 years Fixlures and fittings Furniture S years 5 years kl Debtors Trade and other debtors aTe recogni5ed al the settlement amount due after ary trade di$¢ount offered. Prepayments are valued al the amount prepaid nel ol any trade discounts due. 11 Cash at bank and in hand Cash al bank and cash in hand includes cash and short lemi highly liquid investments with a short malurily of three months or less from the date of acquisition or opening of the deposit or similar account. ml Credltors and provlsions Creditors and provisions a￿ reGognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds lo a third party and the amount due to sellle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised al their settlement amount after allowing for any trade discounts due. Notes to the financial statements For the year ended 31 January 2024 2 Other Income 2024 Total 2023 Total Funds tmsferred from previous trust Cash al bank and in hand Furniture al trustees valuation 63,481 600 64,081 Total 3 Net income I lexpendlturel for the year This is staled after Charging I Icredillngl". 2024 2023 Depreciation Independent examinerfs remuneration.. I￿ependent examination fees 1.442 S10 The ¢harity employs no staff. The staff wsts charged are for Did¢ol Town Council staff who have worked to deliver the services of the charity for which the Council Charges the charity at an hourly rate. 4 Taxation The charity is exempt from corporation tax as all ils income is charitable and is applied for ¢harilable purpose Notes to the financial statements For the year ended 31 January 2024 S Tangible fixed a886ts improvement FSxtures and fittlngs Furnltur& Total Cost Al the start of the year Additions in year Disposals in year 3,928 4,645 600 9.173 Al the end of the year 3,928 4,645 600 9.173 Deprgciation Al the slsrt of the year Charge for the year Eliminated on disposal 393 929 120 1,442 At the end of the year 393 929 120 1,442 Net book value At the end ofthe year 3,535 3,716 480 7.731 Al the start of the year All of the above assets are used for charitable purposes. 6 Debtors 2024 2023 Trade debtors other debtors including accrued income Prepayments 7 Creditors: amounts falling duè within yèar 2024 2023 Trade creditors Taxation and social se¢urlly Other ¢redilors AccrLJals 1.376 q.376 Contingent assèts or liabilities There are no conlingenl liabilities. 9 Legal status of the charity The Fleet Meadow Community Hall Trust is a charitable incorporated organisalion ICIOI registered ¥Mlh the Charity Commission Iregislralion number 12007891 on . Its governing document is its constitution and the onty voting members are the trustees. 10 Relatèd party transactlons Didcot Town Council is the overall Iruslee of the charty and the voting members of the board aw elected members of the council. The ooun¢il provides ServI￿S to the charity which are charged al cost lo the charity. This year the total amount ol such charge5 was £3,911.