## **HALL MANAGERS REPORT FOR AGM ON MONDAY 6[TH] OCTOBER 2025 AT 6.30PM.** Following a successful handover from Sue, who we thank for her dedication and hard work, I have been in the role for 6 Months. During this time, it has been about getting up to speed with this amazing building, and identifying areas where we can become more efficient and a better proposition for the community and those who require it. I believe the Franklin Hall to be one of the major assets to the community, so making it available to the public for any event is forefront to creating a create business and continued financial stability for the Charity. 2024 saw the successful creation of the Charitable Incorporated Organisation (CIO). Working together with the Trustees, legal representatives and Accountants, we’ve successfully moved from the old Charity Status to the new CIO status. As the completion nears, with only the assets to register on Land Registry, we simply need to close the business account to complete the full transition. I want to thank all involved, especially James and Sue for seeing this through. This year we welcomed new and existing users to the Franklin Hall. Continued support from Sam, Bowls, Badminton, Yoga and Keep Fit always help the running of the building, but we were lucky to also welcome U3A, LWT, LCC Carers, NHS, several private training events, a handful of Birthday Parties, a Wedding reception and an Engagement Party. As we move to 2026, we’ll look to add Weddings to our possibilities, which is great for the community and an opportunity for the Franklin Hall to offer a service that is missing from Spilsby. We also saw Elections take place in the Franklin Hall, and many Blood Donating Sessions to further offer our building to the community. The building couldn’t run without our dedicated team, so I want to thank Amy and Nick for all their hard work and dedication, they run a good ship that is clean, bright and healthy. Our only major expense this year was that concerned with the conversion to the CIO, with legal costs being a major expense for the Charity. Other notable costs were the Asbestos Report and the damage to the roof during the storm. The latter was refunded form an insurance claim. We were successful in obtaining the National Lottery Grant for £10,000 this year. This is in our reserves account and will be allocated to capital expenditure in due course. Costs continue to rise, mainly the Business Rates and the Utilities. With this in mind, we’ve taken the decision to slightly increase our rental charges, but only slightly. All our users are happy with the increases, and these came into effect in September 2025. This year we were able to negotiate slightly better gas and electricity contracts but the cost still remains high so we are aiming to conserve as much as is possible. The regular inspections have been carried out – annual PAT testing, legionella testing, gas safe inspections. We also carried out the 5 Year Electrical Test, which was passed successfully. The PRS music license continues to be. We continue to subscribe to Spilsby.info who also provide the online diary which is very popular and we gain a few bookings through this system. We continue to subscribe to the Spilsby Explorer published by the Town Council. In 2026 we’ll continue to work with Spilsby Town Council on any improvements they may be looking to make in the ELDC Office. The Annual Accounts were prepared by Haines Watts and signed off by the Chair to the Trustees. As we look towards 2026, our major expense will be the replacement of the rotten windows to the front of the building. We will apply for grants to cover the cost of this capital expenditure. Further down the line, we will continue to concentrate on the upgrade of the Main Hall floor. This is a major expense which will require a huge amount of funding, something we will look into for the next 12 months. Lastly, I want to again thank Sue for her hard work and dedication. She left the Franklin Hall in an exceptional place, which makes the Hall Managers Job all that easier. She is always there for a chat, advice or a cuppa. Sue continues to be helpful and continues to use the hall as a member of the community. Thank you Sue! THE FRANKLIN HALL RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Registered Charity No.521994 Inde endent examiner's re rt to the trustees of The Franklin Hall Independent examiner's report to the trustees of The Franklin Hall I report to the charity trustees on my examination of the accounts of The Franklin Hall for the vear ended 31 March 2025. Responslbilities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act'}. I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 14515llbl 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: accountin8 record5 were not kept in respect of the Trust as required by Section 130 of the Act; or the accounts do not accord with those records- or the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities IAccounts and Reports) Regulations 21J)8 other than any requirement that the account5 give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come acros5 no other m3tters in connection with the examination to which attention should be drawn in this report in order to enable a proper understandin% of the accounts to be reached. Haines Watts Chartered Accountants 23 Algitha Road Skegness United Kingdom PE25 2AG THE FRANKLIN HALL RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Z024 REC 25,742 16,175 80 461 250 Room hi Rent 24.005 L3,400 iio 307 Donations Inteiest received Spilsby Town Council Grant ELDC Grant Lottery Granl Wedding Receptions InsurBnte Claim roof 250 500 10,000 340 2,700 42,708 TOTAL RECEIPTS 51.612 PAYMENTS Premises costs 4,100 9,199 5.682 760 11.837 620 8,310 611 816 Rent ght & ￿e8t Cleaning costs Rates and water Wages Service contracts Property & general repairs Sundry Subs/licences Caretaker maintenance Roof repairs New items 7,807 7,395 877 12,687 1,681 1,426 215 725 3,843 2,950 2.722 12,597 58,131 42,328 Administration costs 3.347 619 516 Insuran Telephone Independent ExamSners fee Professional fees Post. stationery & advertising 3,183 1,095 390 612 428 183 4,665 5,707 62,796 TOTAL PAYMENTS 48.035 120.0881 Net income forthe year 3,576 Pize 2 THE FIiANKLIN HALL STATEMENT OF ASSETS AND LIABILITIES AT 31 MARCH 2025 Fund 2025 2024 Total Unrestrlcted Restricted Total Assets retalned for charity's own use The Franklin Hall at cost 249,821 191,264 441.085 441,085 Flxtures & Fittings- at cost 30.736 30.736 30,736 471.821 471,821 Cash funds Lloyds TS8 Account Lloyds Savings Account Grant SavinBs Account Petty Cash 4,239 30,638 4.239 30,6a8 1,351 29.033 1,398 46 34,923 34,923 31,828 Other monetary assets Debtors 3,033 3,033 1.942 37.956 37,956 33,770 Liabillties Independent Examiners fee Creditors 480 480 610 610 1.090 1.090 Net current assets 36,866 33,290 Total a55ets less ¢yrrent liabilltles 508,687 505,111 NET AS5Ers 508,687 505,111 The financial statements were approved by the Board of Trustees and authorised for issue /6-g-i and were signed on its behalf by: J Boulton- Chairman M Gibson- Secretary Pè8e 3 THE FRANKLIN HALL RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Registered Charity No.521994 Inde endent examiner's re rt to the trustees of The Franklin Hall Independent examiner's report to the trustees of The Franklin Hall I report to the charity trustees on my examination of the accounts of The Franklin Hall for the vear ended 31 March 2025. Responslbilities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act'}. I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 14515llbl 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: accountin8 record5 were not kept in respect of the Trust as required by Section 130 of the Act; or the accounts do not accord with those records- or the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities IAccounts and Reports) Regulations 21J)8 other than any requirement that the account5 give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come acros5 no other m3tters in connection with the examination to which attention should be drawn in this report in order to enable a proper understandin% of the accounts to be reached. Haines Watts Chartered Accountants 23 Algitha Road Skegness United Kingdom PE25 2AG THE FRANKLIN HALL RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Z024 REC 25,742 16,175 80 461 250 Room hi Rent 24.005 L3,400 iio 307 Donations Inteiest received Spilsby Town Council Grant ELDC Grant Lottery Granl Wedding Receptions InsurBnte Claim roof 250 500 10,000 340 2,700 42,708 TOTAL RECEIPTS 51.612 PAYMENTS Premises costs 4,100 9,199 5.682 760 11.837 620 8,310 611 816 Rent ght & ￿e8t Cleaning costs Rates and water Wages Service contracts Property & general repairs Sundry Subs/licences Caretaker maintenance Roof repairs New items 7,807 7,395 877 12,687 1,681 1,426 215 725 3,843 2,950 2.722 12,597 58,131 42,328 Administration costs 3.347 619 516 Insuran Telephone Independent ExamSners fee Professional fees Post. stationery & advertising 3,183 1,095 390 612 428 183 4,665 5,707 62,796 TOTAL PAYMENTS 48.035 120.0881 Net income forthe year 3,576 Pize 2 THE FIiANKLIN HALL STATEMENT OF ASSETS AND LIABILITIES AT 31 MARCH 2025 Fund 2025 2024 Total Unrestrlcted Restricted Total Assets retalned for charity's own use The Franklin Hall at cost 249,821 191,264 441.085 441,085 Flxtures & Fittings- at cost 30.736 30.736 30,736 471.821 471,821 Cash funds Lloyds TS8 Account Lloyds Savings Account Grant SavinBs Account Petty Cash 4,239 30,638 4.239 30,6a8 1,351 29.033 1,398 46 34,923 34,923 31,828 Other monetary assets Debtors 3,033 3,033 1.942 37.956 37,956 33,770 Liabillties Independent Examiners fee Creditors 480 480 610 610 1.090 1.090 Net current assets 36,866 33,290 Total a55ets less ¢yrrent liabilltles 508,687 505,111 NET AS5Ers 508,687 505,111 The financial statements were approved by the Board of Trustees and authorised for issue /6-g-i and were signed on its behalf by: J Boulton- Chairman M Gibson- Secretary Pè8e 3