BEVERsfoN VILLAGE HALL TRUST FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 NOVEMBER 2023 Charity number 1202696 IAIN A SELKIRK Chartered Accountant Malvern Worcester. WR14 IQL
Page I BEVERSTON VILLAGE HALL TRUST TRUSTEE ANNUAL REPORT FOR THE PERIOD ENDED 30 NOVEMBER 2023 INTROOUCTION The trustee has pleasu in presentlng its first annual report and the unaudited, independently reviewed financial statements of the charity for the period ended 30 November 2023. LEGAL STATUS The Beverston Village Hall Trust was established under a trust deed dated 23 February 2020 as amended by deed dated 4 Aprll 2023. It was registered with the Charity Commission on 12" April 2023 under Charity number 1202696. The registered address Is Beverston Villa8e Hall, Bever5ton. Tetbury. Glos, GL8 8rr. THE TRUSTEE 8everston Parish Council actlng in its capacity as sole corporate trustee. 08JEcfivES AND ACTIVITIES All present and future trust a55ets are held for the purposes of the provision and maintenance of a Village Hall and garden for the use of the Inhabltants of the Parish of Bever5ton. without distfinctlon as to politics. religious. or other oplnlons Includlng use for meetings, lectures and classes as well 35 Other fonns of recreatlon and leisure. with the objertive o( improving the condltlons of Ilfe for the said inhabttsnt5. In planning Its actSvltles, the Trustee ha5 given refvI Consideraon to the Charity Commission'5 general guidance on public benefit and in particular to its supplementsry publlc beneflt guldance on providing recreational facilities. REVIEW OF DEVELOPMENTS, AcnvrriES AND ACHIEVEMENT5 The Trustee has not undertaken any development work during the pertod other than mlnor rnaintenance. It has established a Hall Hiring business, and cont5nues to hold the annual Parish 88Q and Qulz night as well as other social cornmunity functions.
Page 2 BEVERsfoN VILLAGE HALL TRUST TRUSTEE'S ANNUAL REPORT FOR THE PERIOD ENDED 30 NOVEMBER 2023 FINANCIAL REVIEW Total incorning resources In respeci of the General Fund amounted to £33,912 Donation5 were received frorn Mccorquodale Charitable Trust £5,000 and from the Rook Estate £26,267 The Vlllage Hall was brought Into the Balance Sheet at a valuation of £160.OIXJ. Total running costs for the period were £2,093 RESERVES Funds in hand BVH Operatlons Account BVH Trust Account £2,107.53 £35 950.95 5rATEmE OF TRUSTEE RESPONSIBILMES The charities Act requires the Trustee to prepare financial statements for each financlal year which give a true and fair view of the state of affair5 of the charity at the end of the year and of the surplus or deficlt for ihe year then ended. In preparing these flnanclal statements, the Trustee Is reqUId to selert sultable accountlng policies, as described on page 6. and then apply thern consistently. Approve, make Judgements and estSmates that are reasonable and prudent and state whether applicable accounting standards have been followed. Subject to any material departures disclosed and explalned In the financial statements, to prepare the financlal statements on a going concern basis unles5 it is inappropriate for the charity to contlnue In buslness. The Trustee is responsible for keeplng proper accountlng records which disclose with reasonable accuracy at any time the financial position of the charity and to ensure that the financlal statements comply with the Charwtre5 Art 2011. The Trustee is also responslble for safeguarding the assets of the Charity and for taking reasonable 5tep5 for the prevention and detettlon of fraud and Irre8ularitles. Approved by the Trustee on Sig order of the Trustey Oliver reston, Chaimian 8everston Parish Council
PAGE 3 BEVERSTON VILLAGE HALL TRUST INDEPENDENT EXAMINER'S REPORT TO THETRUSTEE FOR THE PERIOD ENDED 30 NOVEMBER 2023 I report on the unaudited accounts of the charity for the period ended 30 November 2023 set out on pages 4 to 6. RESPECTIVE RESPONSI8IUTIES OF THE TRUSTEE AND EXAMINER The charitvs trustee is responsible for the preparats'on of the accounts. The charlty's trustee consider5 that an audit is not requlred for the perlod In questSon under sectlon 144 of the Charltles Act 2011 (The Charities Act) and that an independent examination is requlred. It is my responsibility to:. examine the accounts under sertion 14S of the Charitles Act to follow procedures lald down in the General Direttions given by the Charity Commission lunder section 14515)(bl of the Charities Act and to stste whether particular matters have corne to my attention. BASIS OF INDEPENDENT EXAMINER'S STATEMENT My ex3mSnatlon was carried out in accordance with general Directions given by the Charlty Commission. An examination includes a review of the accounting records kept by the charity and 3 comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosure5 in the accounts, and seeking explanations from the trustee conceming any such matters. The procedures undertaken do not provide all the evSdence 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 Ilmlted to those matters set out in the statement below. INDEPENDENT EXAMINER'S STATEMENT In connection with my examinatson, no matter has come to my attention: {11 which gives me asOnable cause to believe that in, any material respect the requirements: to keep accountlng record5 in accordance wlth sectlon 130 of the Act, and to follow the procedures laid down in the Eeneral Directions given by the Charfjty Commission (under sertion 145{5)(bl of the Charities Act). and with the accounting requirements of the Act have not be met, or (21 to whlch, In my opinion attention should be drawn in a proper Understanding of the accounts to be reached. LKIRK Chart .12 (vfr
BEVERSTON VILLAGE HALL TRUST STATEMEKf OF FINANCIAL ACTMTIES FOR THE PERIOD ENDED 30 NOVEMBER 2023 Totsl FundB IICOIIIMG RESOURCES Hke Inccrfne FLVKlraii¥¥ 2209.80 s,(.00 28.287.55 33 912.35 61.43 581.87 254.99 250.INJ 1.195.(Xl 2.343.29 BulkllnG4 Irrar? 31..c
BEVERsfoN VILLAGE HALL TRUST BALANCE SHEET AS AT 30 NOVENBER 2023 Tc411 Fun FIXED ASSErs CURRENT ASSETS 2.107.53 35 950.95 38.058.48 198,058. CURRENT LIABILMES 250.Q) TOTAL ASSEf3 LESS CURRENT LIABILmE8 7.808.48 OEPIERAL RESERVE BROUGHT FORWARD 186239.42 SURPLUS FOR THE PERK)D GENERAL RESERVE CARRIED FORWARD 197..48 i >( 5rfk-£a>ef 2•2 4
PAGE 6 BEVERSTON VILLAGE HALL TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 NOVEMBER 2023 ACCOUNTING POLICIES Basls of Accountlng The financial statements have been prepared under the historical c05t convention and in accordance with applicable accounting stsndards and the ststement of Recommended Practice on accounting by charities. Incoming Resour Income is recognised In the perlod In which the charity is entitled to receipt and the amount can be measured with reasonable certainty. Income Is deferred only when the charity has to fulfil condition5 before becoming entitled to It or when the donor has specified that the income 5$ to be expended in a future perlod. Resources Expanded Expenditure is included on an accrual basis. inclusive of VAT which cannot be recovered. Expenditure is included in the category to which it relates. Liabilities are included in the accounts as soon as recognlsed. Staff Costs The charity ha5 no paid staff. Depredatlon Charges The charity doe5 not charge depreciation on the cost of the bullding. Cost of Independent Examination