## **Trustees’ Annual Report for the period**
**From 18/10/2024 To 31/12/25**
## **Charity name: Rauceby Village Hall**
## **Charity registration number: 1210555**
## **Objectives and Activities**
|**Objectives and Activities**|**Objectives and Activities**|**Objectives and Activities**|
|---|---|---|
|SORP reference|||
|Charity Reconstruction
During the period two charities have come
together by virtue of a merger with this new
charity (Rauceby Village Hall reg no.
1210555) being presented as a
continuation of the old charity (Rauceby
Village Hall reg no. 521862) on the basis
that they had always been combined.
The new charity was set up on 18 October
2024 to enable the charity to benefit from
the advantages of a charitable incorporated
organisation (CIO), there were no
transactions to report prior to the merger on
30 June 2025 at which point the old charity
was removed from the Register of
Charities.
As part of the reconstruction the Trustees
have taken the decision to change the year
end of Rauceby Village Hall to 31
December each year. As there were no
transactions in the new charity until the
merger the results reported in these
accounts are for the nine months from 1st
April 2025 to 31 December 2026.|||
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|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
Rauceby (“area of benefit”) without
distinction of sex, sexual orientation, age,
disability, nationality, race or political,
religious or other opinions the provision of
facilities for recreation or other leisure time
occupation of individuals who have need of
such facilities by reason of their youth, age,
infirmity or disablement, financial hardship
or social and economic circumstances or
for the public at large in the interests of
social welfare and with the object of|
|improving the conditions of life of the said
inhabitants|improving the conditions of life of the said
inhabitants|improving the conditions of life of the said
inhabitants|
|---|---|---|
|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
**Home to Rauceby pre-school; Rauceby**
**WI; Rauceby short mat bowls club.**
**Local book club. Weekly Yoga class.**
**History club, fun community events and**
**craft learning workshops planned**
**throughout the year.**|||
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The Trustees have full regard to the
guidance issued by the Charity
Commission on public benefit.|
## **Achievements and Performance**
**----- Start of picture text -----**
SORP reference
Summary of the main Para 1.20 The reporting year saw over 50 villagers
**----- End of picture text -----**
|**Achievements and Performance**|**Achievements and Performance**|**Achievements and Performance**|
|---|---|---|
|SORP reference|||
|Summary of the main|Para 1.20|**The reporting year saw over 50 villagers**|
|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.||**giving 500 volunteer hours working**
**together to refurbish and re-paint the**
**village hall.**
**A programme of events included felting**
**workshops; a Christmas wreath making**
**class; a willow weaving workshop and**
**wine tasting evening.**
**Fun events attracting strong attendance**
**were a Christmas disco, a book and**
**jigsaw sale and a ‘boys cake bake off’**
**competition.**
**The hall is home to the local pre-school**
**and outside of pre-school hours is the**
**centre of the local WI, village bowls club**
**and book club. This year two new clubs**
**were formed: Monday Yoga classes and**
**a local history group.**|
## **Financial Review**
**----- Start of picture text -----**
Review of the charity’s Para 1.21 The charity has reserves of £18,371 at the
financial position at the end year end and full the finances of the charity
of the period can be found in the attached accounts
Statement explaining the Para 1.22 Reserves are held to ensure that the
policy for holding reserves charity can operate on a day to day basis
stating why they are held but also have sufficient funds to allow for
unforeseen expenses . The village hall is
an old building (built 1911) and requires
regular maintenance and refurbishment to
keep it in a fit operational state.
Amount of reserves held Para 1.22 £18,371
Reasons for holding zero Para 1.22 Not applicable
reserves
Details of fund materially in Para 1.24 Not applicable
deficit
Explanation of any Para 1.23 Not applicable
uncertainties about the
charity continuing as a going
concern
**----- End of picture text -----**
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution|
|How is the charity
constituted?|Para 1.25|CIO|
**----- Start of picture text -----**
(e.g unincorporated
association, CIO)
Trustee selection methods Para 1.25 New trustees are elected by a minimum of
**----- End of picture text -----**
|(e.g unincorporated
association, CIO)|||
|---|---|---|
|Trustee selection methods|Para 1.25|New trustees are elected by a minimum of|
|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||2/3rdof the existing trustees and hold their
position until the following annual general
meeting. At this point all trustees vacate
their position at which point they may seek
re-election.|
## **Reference and Administrative details**
|Charity name|Rauceby Village Hall|
|---|---|
|Other name the charity uses||
|Registered charity number|1210555|
|Charity’s principal address|The Village Hall
Main Street
South Rauceby
Sleaford
NG34 8QQ|
|||
## **Names of the charity trustees who manage the charity**
**----- Start of picture text -----**
Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Anne Price Chair 12/08/2025 – 31/12/2025
2 Fiona Claire Curtis Secretary 15/10/2024 – 31/12/2025
3 Jeremy Alan Dent Treasurer 29/03/2025 – 31/12/2025
Claire Elizabeth 12/08/2025 – 31/12/2025
4
Enstone
5 Rachel Redgrave 15/10/2024 – 31/12/2025
Anna Mary 12/08/2025 – 31/12/2025
6
Ingamells
7 Sue Clark 12/08/2025 – 31/12/2025
8 Kate Eustice Bland 15/10/2024 – 29/04/2025
9 Alan John Harrison 15/10/2024 – 29/04/2025
10 Elizabeth Hewitt 15/10/2024 – 29/04/2025
Bridget Anne 15/10/2024 – 12/08/2025
11
Balderstone
12
13
14
15
16
17
18
19
20
**----- End of picture text -----**
## **Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for 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
Signaturels)
Full namqs)
Position leg Secretary,
Chalr, etc
Date
201021026
**----- Start of picture text -----**
Rauceby Village Hall Charity No 1210555
Accounts for the period
Period end
Period start date 18/10/2024 To 31/12/2025
date
**----- End of picture text -----**
## **Section A Statement of financial activities (including summary income and expenditure account)**
|Guidance Note
S01
Grants
S02
S03
S04
S05
S06
S07
**Expenditure (Notes 5)**
**Expenditure on:**
S08
S09
S10
S11
S12
S13
Tax payable
S14
S15
Net gains/(losses) on
investments
S16
S17
**Extraordinary**
**items**
S18
S19
S20
Other gains/(losses)
S21
S22
**_Reconciliation of_**
**_funds:_**
S23
S24
Raising funds
Other
**_Total_**
**Recommended categories by activity**
**Income (Note 3)**
**Income and endowments from:**
Donations and legacies
Investments
Charitable activities
Separate material expense item
Charitable activities
Other trading activities
Separate material item of income
Other
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) after tax**
**before investment gains/(losses)**
**Net income/(expenditure)**
**Transfers between funds**
Total funds brought forward
Gains and losses on revaluation of fixed assets for the
charity’s own use
**_Net movement in funds_**
**Other recognised** **gains/(losses):**
**Net income/(expenditure) before tax**
**for the reporting period**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**£**
**£**
**£**
F01
F02
F03
2,078
-
-
-
-
-
1,183
-
-
6,636
-
-
-
-
-
-
-
-
-
-
-|**Total funds**
**Prior year**
**funds**
**£**
**£**
F04
F05
2,078
608
-
5,000
1,183
4,001
6,636
9,128
-
330
-
-
-
-|**Total funds**
**Prior year**
**funds**
**£**
**£**
F04
F05
2,078
608
-
5,000
1,183
4,001
6,636
9,128
-
330
-
-
-
-|
|---|---|---|---|
||9,897
-
-|9,897
19,067||
||-
-
-
886
-
-
9,225
-
-
573
-
-|||
|||-
-
886
2,547
9,225
15,263
573
1,925||
||10,684
-
-|10,684
19,735||
|||||
||787
-
-
-|787
-|668
-|
||-
-
-|-
-||
||787
-
-
-|787
-
668
-||
||-
-
-|-
-||
||787
-
-
-|787
-
668
-||
||-
-
-
-
-
-
-
-
-
-
-
-|-
-
-||
|||-
-
-
-||
||787
-
-
-|787
-
668
-||
||19,158
-
-|19,158
19,826||
||18,371
-
-|18,371
19,158||
Page 1 of 29
## **Analysis of the amounts relating to each party to the merger**
**Table 1: Analysis of the principal SoFA components for the current reporting period**
**----- Start of picture text -----**
Rauceby Rauceby Rauceby Combined
Village Hall Village Hall Village Hall total
(pre-merger) (pre-merger) (post-merger)
Reg no. Reg no Reg no
521862 1210555 1210555
Total income 3,468 - 6,429 9,897
-
Total expenditure 2,089 8,595 10,684
Net income/expenditure 1,379 - - 2,166 - 787
- - - -
Other gains/(losses)
Net movement in funds 1,379 - - 2,166 - 787
**----- End of picture text -----**
**Table 2: Analysis of the principal SoFA components for the previous reporting period**
**----- Start of picture text -----**
Rauceby Rauceby Combined
Village Hall Village Hall total
Reg no. Reg no
521862 1210555
Total income 19,067 - 19,067
-
Total expenditure 19,735 19,735
Net income/expenditure - 668 - - 668
- - -
Other gains/(losses)
Net movement in funds - 668 - - 668
Total funds brought forward 19,826 - 19,826
Total funds carried forward 19,158 - 19,158
**----- End of picture text -----**
**Table 3: Analysis of the net assets at the date of merger**
||Rauceby
Village Hall
Rauceby
Village Hall
Combined
total
Reg no.
521862
Reg no
1210555|
|---|---|
|Represented by:
Net Assets
Unrestricted funds|20,537
-
20,537
20,537
-
20,537|
Page 2 of 29
Rauceby Village Hall
Annual accounts for the period
Section B
Balance sheet
CharityNo
Pgriod strrtdala". 18110124
1210555
To oeriDd end dale.. 31112r25
cted
Incojn
fund
Unro•fri¢tgd
End¢iwment Total thIA
Tolal last
Flxed assets
Intanglbl8 assots
T8nglble a88ets
F01
F02
F03
FOI
F05
INot• 81
Tot•lfixed •ss¢ts
Curront a$sots
D•btors
(Nots 91
h ot b•nk In hand INot• 101
Tot1 ass•ts
2.175
96
18.371
2,175
2,022
17,304
19,326
18,371
Credltorn: 4mounts f4lUng wlthln
one year
188
Notcurr1a•SOt$1lIknbINj)
18.371
18,371
19.158
Cr•dltorn: 4moun¢¥ hllng du• •ft•r on•
y•ar
ProvI$lo for IlablNt
Totalnet assets orllabllitMB
Funds of the Charlty
Unrostrlctsd funds (Nots 12)
R•v4lu4tbon r••ors*
18.371
18,371
19,158
Tol•l furtds
18,371
18.371
Signed
Print N8me
Dale of akyrovfyl
ddl
rafvJE LE
Pag8 3of 29
**Section C Notes to the accounts**
Note 1 **Basis of preparation**
## **1.1 Charity reconstruction**
During the period two charities have come together by virtue of a merger with this new charity (Rauceby Village Hall reg no. 1210555) being presented as a continuation of the old charity (Rauceby Village Hall reg no. 521862) on the basis that they had always been combined.
The new charity was set up on 18 October 2024 to enable the charity to benefit from the advantages of a charitable incorporated organisation (CIO), there were no transactions to report prior to the merger on 30 June 2025 at which point the old charity was removed from the Register of Charities.
As part of the reconstruction the Trustees have taken the decision to change the year end of Rauceby Village Hall to 31 December each year. As there were no transactions in the new charity until the merger the results reported in these accounts are for the nine months from 1st April 2025 to 31 December 2026.
## **1.2 Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
the Statement of Recommended Practice: Accounting and Reporting by Charities • and with* 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 the Financial Reporting Standard applicable in the United Kingdom and Republic of • and with* Ireland (FRS 102)
- and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.*
- -Tick as appropriate
## **1.3 Going concern**
## _**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_
An explanation as to those factors that support the conclusion that the charity is a going concern; Disclosure of any uncertainties that make the going concern assumption doubtful;
The reserves held by the charity are, in the view of the Trustees, sufficent to support the charity for all foreseeable circumstances
_**Not applicable Not applicable**_
Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.
Page 4 of 29
## **1.4 Change of accounting policy**
The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note { }.
**----- Start of picture text -----**
Yes*
* -Tick as appropriate
No*
Please disclose:
(i) the nature of the change in accounting policy; Not applicable
(ii) the reasons why applying the new accounting policy
provides more reliable and more relevant information; Not applicable
and
(iii) the amount of the adjustment for each line affected
in the current period, each prior period presented and
the aggregate amount of the adjustment relating to
Not applicable
periods before those presented, 3.44 FRS102 SORP.
**----- End of picture text -----**
## **1.5 Changes to accounting estimates**
No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP).
**----- Start of picture text -----**
Yes*
* -Tick as appropriate
No*
**----- End of picture text -----**
## _**Please disclose:**_
**----- Start of picture text -----**
(i) the nature of any changes; Not applicable
(ii) the effect of the change on income and expense or
Not applicable
assets and liabilities for the current period; and
(iii) where practicable, the effect of the change in one or
more future periods.
Not applicable
**----- End of picture text -----**
Page 5 of 29
## **1.6 Material prior year errors**
**----- Start of picture text -----**
No material prior year errors have been identified in the reporting period (3.47 FRS102 SORP).
Yes*
* -Tick as appropriate
No*
Please disclose:
(i) the nature of the prior period error; Not applicable
(ii) for each prior period presented in the accounts, the
amount of the correction for each account line item
affected; and
Not applicable
(iii) the amount of the correction at the beginning of the
earliest prior period presented in the accounts.
Not applicable
**----- End of picture text -----**
Page 6 of 29
**Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies**
_**This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.**_
## **2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE**
**Please provide a description of the nature of each change Not applicable in accounting policy**
## _**Reconciliation of funds per previous GAAP to funds determined under FRS 102**_
**Start of End of period period £ £ Fund balances as previously stated**
_**Adjustments:**_
## **Fund balance as restated**
_**Reconciliation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102**_
**End of £ Net income/(expenditure) as previously stated** _**Adjustments:**_
**Previous period net income/(expenditure) as restated**
Page 7 of 29
**Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies**
## **2.2 INCOME**
**Recognition of income** These are included in the Statement of Financial Activities (SoFA) when: the charity becomes entitled to the resources; it is more likely than not that the trustees will receive the resources; the monetary value can be measured with sufficient reliability. **Offsetting** There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. **Grants and donations** Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP). In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP). **Legacies** Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met. **Government grants** The charity has received government grants in the reporting period **Tax reclaims on** Gift Aid receivable is included in income when there is a valid declaration from the **donations and gifts** donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. **Contractual income and** This is only included in the SoFA once the charity has provided the related goods or **performance related** services or met the performance related conditions. **grants Donated goods** Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so. The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution. Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'. Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable. Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable.
**Donated services and** Donated services and facilities are included in the SOFA when received at the value of **facilities** the gift to the charity provided the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA. **Support costs** The charity has incurred expenditure on support costs. **Volunteer help** The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.
**----- Start of picture text -----**
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
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**----- End of picture text -----**
Page 8 of 29
|**Grants with performance**
**conditions**
**2.4 ASSETS**
They are valued at cost.
They are valued at cost.
The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through custody
or legal rights. The amortisation rates and methods used are disclosed in note 15.
The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 16.
**Intangible fixed assets**
Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.
Membership subscriptions received in the nature of a gift are recognised in Donations
and Legacies.
**2.3 EXPENDITURE AND LIABILITIES**
The charity accounts for basic financial instruments on initial recognition as per
paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.
**Tangible fixed assets for**
**use by charity**
**Liability recognition**
Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of
the obligation can be measured with reasonable certainty.
**Grants payable without**
**performance conditions**
The depreciation rates and methods used are disclosed in note 14.
This is included in the accounts when receipt is probable and the amount receivable
can be measured reliably.
They are valued at cost.
**Deferred income**
No material item of deferred income has been included in the accounts.
**Provisions for liabilities**
A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reporting date
**Basic financial**
**instruments**
**Income from membership**
**subscriptions**
**Income from interest,**
**royalties and dividends**
**Heritage assets**
**Investment gains and**
**losses**
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their
usage.
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and
its compliance with regulation and good practice.
The charity has creditors which are measured at settlement amounts less any trade
discounts
These are capitalised if they can be used for more than one year, and cost at least
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
**Governance and support**
**costs**
**Creditors**
**Redundancy cost**
The charity made no redundancy payments during the reporting period.
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.
**Settlement of insurance**
**claims**
Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.|
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
£500|
|---|---|
Page 9 of 29
## **Investments**
Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment.
Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments
**Stocks and work in** Stocks held for sale as part of non-charitable trade are measured at the lower or cost or **progress** net realisable value.
Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.
## **Debtors**
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.
**Current asset** The charity has investments which it holds for resale or pending their sale and cash **investments** and cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity of less than one year held for investment purposes rather than to meet short-term cash commitments as they fall due.
They are valued at fair value except where they qualify as basic financial instruments.
||Yes*|No*|N/a*|
|---|---|---|---|
|||||
|||||
||Yes*|No*|N/a*|
|||||
||Yes*|No*|N/a*|
|||||
||Yes*|No*|N/a*|
|||||
||Yes*|No*|N/a*|
|||||
|||||
||Yes*|No*|N/a*|
|||||
||Yes*|No*|N/a*|
|||||
|||||
|||||
||Yes*|No*|N/a*|
|||||
## **POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE**
Page 10 of 29
**Section C Notes to the accounts (cont)**
## **Note 3 Income**
**----- Start of picture text -----**
Restricted
Unrestricted income Endowment
Analysis of income funds funds funds Total funds Prior year
£ £
Donations Donations and gifts 2,078 - - 2,078 608
and legacies: Gift Aid - - - - -
Legacies - - - - -
General grants provided by government/other
charities - - - - 5,000
Membership subscriptions and sponsorships
which are in substance donations
- - - -
Donated goods, facilities and services - - - - -
Other - - - -
Total 2,078 - - 2,078 5,608
Charitable Fundraising Events
activities: 1,183 - - 1,183 4,001
- - - - -
- - - - -
Other - - - - -
Total 1,183 - - 1,183 4,001
Other trading Hire of Hall 6,636 - - 6,636 9,128
activities: - - - - -
- - - - -
Other - - - - -
Total 6,636 - - 6,636 9,128
Income from Interest income - - - - 330
investments: Dividend income - - - - -
Rental and leasing income - - - - -
Other - - - - -
Total - - - - 330
Separate - - - - -
material item - - - - -
of income - - - - -
- - - - -
Total - - - - -
Other: Conversion of endowment funds into income
- - - - -
Gain on disposal of a tangible fixed asset
held for charity's own use - - - - -
Gain on disposal of a programme related
investment - - - - -
Royalties from the exploitation of intellectual
property rights - - - - -
Other - - - - -
Total - - - - -
TOTAL INCOME 9,897 - - 9,897 19,067
Other information:
All income in the prior year was unrestricted except for:
All unrestricted
(please provide description and amounts)
Where any endowment fund is converted into income in the
Not applicable
reporting period, please give the reason for the conversion.
**----- End of picture text -----**
Page 11 of 29
**Where any endowment fund is converted into income in the prior period, please give the reason for the conversion.**
**Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts)**
Not applicable - Hire of the hall - Donations received These both fall within the normal revenue raising activities of the Village hall and amounts received are noted above
Page 12 of 29
**Section C Notes to the accounts (cont)**
**Note 4 Analysis of receipts of government grants**
|**Government grant 1**
**Government grant 2**
**Government grant 3**
**Other**
**NKDC Grant**
**Government grant 2**
**Government grant 3**
**Other**
**_Please provide details of any_**
**_unfulfilled conditions and other_**
**_contingencies attaching to grants_**
**_that have been recognised in_**
**_income._**
**_Please give details of other forms of_**
**_government assistance from which_**
**_the charity has directly benefited._**|**This period**
**£**
-
-
-
-
**Total**
-
**Last year**
**£**
5,000
-
-
-
**Total** 5,000
**This period**
None
**This period**
None
**Description**
Hall refurbishment, replacement chairs and website development
**Description**
None
**Last year**
None
**Last year**|
|---|---|
Page 13 of 29
## **Section C Notes to the accounts (cont)**
## **Note 5 Expenditure**
**----- Start of picture text -----**
This period Last year
Restricted Restricted
Unrestricted income Endowment Unrestricted income Endowment
Analysis funds funds funds Total funds funds funds funds Total funds
Expenditure on raising funds: £ £
Incurred seeking donations - - - - - - - -
Incurred seeking legacies - - - - - - - -
Incurred seeking grants - - - - - - - -
Operating membership schemes and social
lotteries - - - - - - - -
Staging fundraising events - - - - - - -
Fundraising agents
- - - - - - - -
Operating charity shops - - - - - - - -
Operating a trading company undertaking
non-charitable trading activity - - - - - - - -
Advertising, marketing, direct mail and
publicity - - - - - - - -
Start up costs incurred in generating new
source of future income - - - - - - - -
Database development costs - - - - - - - -
Other trading activities - - - - - - - -
Investment management costs: - - - - - - - -
Portfolio management costs
- - - - - - - -
Cost of obtaining investment advice
- - - - - - - -
Investment administration costs
- - - - - - - -
Intellectual property licencing costs
- - - - - - - -
Rent collection, property repairs and
maintenance charges - - - - - - - -
- - - - - - - -
Total expenditure on raising funds - - - - - - - -
Expenditure on charitable activities:
Cost of fundraising events 886 - - 886 2,547 - - 2,547
- - - - - - - -
- - - - - - - -
- - - - - - - -
Total expenditure on charitable activities
886 - - 886 2,547 - - 2,547
Separate material item of expense
Hall consumables and maintenance (inc 3,853 - - 3,853 11,189 - - 11,189
internal refurbishment)
Building Repairs 2,183 - - 2,183 - - - -
Insurance
1,148 - - 1,148 939 - - 939
Utilities
1,236 - - 1,236 1,835 - - 1,835
Professional Fees 805 - - 805 1,300 - - 1,300
- - - - - - - -
Total 9,225 - - 9,225 15,263 - - 15,263
Other
Subscriptions and sundry 573 - - 573 1,925 - - 1,925
- - - - - - - -
- - - - - - - -
- - - - - - - -
Total other expenditure 573 - - 573 1,925 - - 1,925
TOTAL EXPENDITURE 10,684 - - 10,684 19,735 - - 19,735
**----- End of picture text -----**
Page 14 of 29
## **Other information:**
## **Analysis of expenditure on charitable activities**
**----- Start of picture text -----**
This period Last year
Activities Grant Activities Grant
Support Total this Support Total last
Activity or programme undertaken funding of undertaken funding of
Costs year Costs year
directly activities directly activities
£ £ £ £ £ £ £ £
Cost of fundraising events 886 - - 886 2,547 - - 2,547
Activity 2 - - - - - - - -
Other - - - - - - - -
Total 886 - - 886 2,547 - - 2,547
This year: Where sums originally denominated in foreign currency have
been included in expenditure, explain the basis on which those sums
Not applicable
have been translated into sterling (or the currency in which the accounts
are drawn up).
Last year: Where sums originally denominated in foreign currency have
been included in expenditure, explain the basis on which those sums
Not applicable
have been translated into sterling (or the currency in which the accounts
are drawn up).
**----- End of picture text -----**
Page 15 of 29
**Section C Notes to the accounts**
## **Note 6 Details of certain types of expenditure**
## **Note 6.1 Fees for examination of the accounts**
_**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).**_
|**Tax advisory fees**
**Other fees (for example: financial advice, consultancy, accountancy services) paid**
**to the independent examiner**
**Independent examiner’s fees**
**Assurance services other than independent examination**|**This period**
**Last year**
**£**
**£**
- 100
- -
- -
- -|
|---|---|
Page 16 of 29
**Section C Notes to the accounts (cont)**
## **Note 7 Paid employees**
_**Please complete this note if the charity has any employees (transactions with Trustees dealt with in Note 28)**_
## **7.1 Staff Costs**
|**7.1 Staff Costs**||||||
|---|---|---|---|---|---|
||**This period**
**£**|||**Last year**
**£**||
|**Salaries and wages**||1,831|||2,679|
|**Social security costs**|||-||-|
|**Pension costs (defined contribution scheme)**||||||
|**Other employee benefits**|||-||-|
|**Total staff costs**||1,831|||2,679|
|**This year:**||||||
|**Please provide details of expenditure on staff working for the**
**charity whose contracts are with and are paid by a related party**||Not|applicable|||
|**Last year:**||||||
|**Please provide details of expenditure on staff working for the**
**charity whose contracts are with and are paid by a related party**||Not|applicable|||
_**Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.**_
|**£80,000 to £89,999**
**£90,000 to £99,999**
**Band**
**£60,000 to £69,999**
**£70,000 to £79,999**
**Please provide the total amount paid to key management**
**£100,000 to £109,999**
**No employees received employee benefits (excluding employer**
**pension costs) for the reporting period of more than £60,000**|**This period**
**Last year**
- -
- -
- -
- -
- -
**Thisperiod**
**Last year**
**£**
**£**
- -
**Number of employees**
**TRUE**|
|---|---|
Page 17 of 29
|**7.2 Average head count in the year**|||||**This period**
**Number**|||**Last year**
**Number**|
|---|---|---|---|---|---|---|---|---|
|**The parts of the charity in which the**||Cleaning||||1||1|
|**employees work**||||||-||-|
|||||||-||-|
|||||||-||-|
||||**Total**|||1||1|
|**7.3 Ex-gratia payments to employees and others (excluding trustees)**|||||||||
|**_Please complete if an ex-gratia payment is made._**|||||||||
|**Please explain the nature of the**|||||||||
|**payment**||**This period**||||None|||
|||**Last year**||||None|||
||||||||||
|**Please state the legal authority or**|||||||||
|**reason for making the payment**||**This period**|||||||
|||**Last year**|||||||
||||||||||
||||||**This period**|||**Last year**|
||||||**£**|||**£**|
|**Please state the amount of the payment (or value of any waiver of**||||||-||-|
|**a right to an asset)**|||||||||
Page 18 of 29
## **7.4 Redundancy payments**
## _**Please complete if any redundancy or termination payment is made in the period.**_
|**Total amount of payment**
**The nature of the payment (cash, asset**
**etc.)**
**The extent of redundancy funding at the balance sheet date**
**Please state the accounting policy for any redundancy or**
**termination payments**|**Thisperiod**|**Last year**
**£**
-
**Last year**
**£**
-|
|---|---|---|
||**£**
-
**This period**
**£**
-||
Page 19 of 29
## **period**
## **Note 8 Tangible fixed assets** _**Please complete this note if the charity has any tangible fixed assets**_
The original charity was gifted the village hall land and buildings in 1953 for no consideration. These are consequently held within the accounts for a nil value.
As the original charity was unincorporated the land and buildings were held on trust by the Custodian of Lands (the Charity Commission) but as part of the merger the land transferred across to the new charity which is a Charitable Incorporated Organisation (CIO). Relevant documentation has been submitted to the Land Registry to record the ownership but as this is a first registration we have been informed that the estimated completion time is October 2026.
## **8.1 Cost or valuation**
**----- Start of picture text -----**
Freehold land & Other land & Plant, machinery and Fixtures, fittings and Total
buildings buildings motor vehicles equipment
£ £ £ £ £
At the beginning of - - - - -
the year
Additions - - - - -
Revaluations - - - - -
Disposals - - - - -
Transfers * - - - - -
At end of the year - - - - -
8.2 Depreciation and impairments
**Basis Not applicable Not applicable Reducing balance Straight Line
** Rate 33% 25%
At beginning of the - - - - -
year
Disposals - - - - -
Depreciation - - - - -
Impairment - - - - -
Transfers* - - - - -
At end of the year - - - - -
8.3 Net book value
Net book value at the - - - - -
beginning of the year
Net book value at the - - - - -
end of the year
**----- End of picture text -----**
Page 20 of 29
## **8.4 Impairment**
|
**8.5 Revaluation**
**_the effective date of the revaluation_**
**_(iii) Details of the existence and carrying amounts of property, plant and_**
**_equipment to which the charity has restricted title or that are pledged as_**
**_security for liabilities._**
**_If an accounting policy of revaluation is adopted, please provide:_**
**_the carrying amount that would have been recognised had_**
**_the assets been carried under the cost model._**
**8.6 Other disclosures**
**_(i) Please state the amount of borrowing costs, if any, capitalised in the_**
**_construction of tangible fixed assets and the capitalisation rate used._**
**_(ii) Please provide the amount of contractual commitments for the acquisition_**
**_of tangible fixed assets._**
**_the name of independent valuer, if applicable_**
**_the methods applied and significant assumptions_**
**_This year: Please provide a description of the events and_**
**_circumstances that led to the recognition or reversal of an_**
**_impairment loss._**
**_Last year: Please provide a description of the events and_**
**_circumstances that led to the recognition or reversal of an_**
**_impairment loss._**|**This period**
**Last year**
**No revaluation**
**No revaluation**
- -
**This period**
**Last year**
**£**
**£**
- -
- -
Not applicable
Not applicable|
|---|---|
_* The "transfers" row is for movements between fixed asset categories._
_** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also_
Page 21 of 29
**Section C Notes to the accounts (cont)**
## **Note 9 Debtors and prepayments**
_**Please complete this note if the charity has any debtors or prepayments.**_
## **9.1 Analysis of debtors**
**Trade debtors Prepayments and accrued income Other debtors**
**----- Start of picture text -----**
This period Last year
£ £
680 1,254
1,495 768
- -
Total 2,175 2,022
**----- End of picture text -----**
## **9.2 Disclosure of debtors recoverable in more than 1 year (included in debtors above)**
**Trade debtors Prepayments and accrued income Other debtors**
|**Total**|**This period**
**Last year**
**£**
**£**
- -
- -
- -|
|---|---|
||- -|
Page 22 of 29
**Section C Notes to the accounts (cont)**
**Note 10 Cash at bank and in hand**
|**Note 10 Cash at bank and in hand**||
|---|---|
|**Other**
**Short term deposits**
**Cash at bank and on hand**
**Total**
**Short term cash investments (less than 3 months maturity date)**|**This period**
**Last year**
**£**
**£**
- -
15,000
-
1,196 17,304
- -|
||16,196
17,304|
Page 23 of 29
**Section C Notes to the accounts (cont)**
## **Note 11 Events after the end of the reporting period**
_**Please complete this note if events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.**_
|**Please provide details of the nature of the**
**event**
**Provide an estimate of the financial effect**
**of the event or a statement that such an**
**estimate cannot be made**|**This period**
**Last year**
- Roof repairs approximately £12,000
- Floor ventilation unknown at present but
investigations underway.
None
Two events:
- There are multiple leaks from the roof of
the village hall which require repairing to
safeguard the structure of the building.
- The floor in the main hall has swollen due
to damp caused by a lack of ventilation
under the floor boards. Seeking advice on
improving ventilation.
None|
|---|---|
Page 24 of 29
## **Section C Notes to the accounts (cont)**
## **Note 12 Charity funds**
## **12.1 Details of material funds held and movements during the CURRENT reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_
_*** Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
**----- Start of picture text -----**
Fund Fund
balances Gains balances
Type * Purpose and Restrictions brought Expendit Transfer and carried
forward Income ure s losses forward
Fund names £ £ £ £ £ £
Unrestricted U General operation of the village hall 19,158 9,897 - 10,684 - - 18,371
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Other funds (balancing
figure) N/a N/a - - - - - -
Total Funds as per balance sheet 19,158 9,897 - 10,684 - - 18,371
Yes* No*
Fund balances carried forward include assets and liabilities denominated in a foreign currency
**----- End of picture text -----**
_**If yes, please state the basis on which the assets and/or liabilities have been translated into sterling (or the currency in which the accounts are drawn up).**_
Page 25 of 29
## **Section C Notes to the accounts (cont)**
## **Note 12 Charity funds**
**12.2 Details of material funds held and movements during the PREVIOUS reporting period** _**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_
_*** Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
**----- Start of picture text -----**
Fund Fund
balances Gains balances
Type * Purpose and Restrictions brought Expendit Transfer and carried
forward Income ure s losses forward
Fund names £ £ £ £ £ £
Unrestricted U General operation of the village hall 19,826 19,067 - 19,735 - - 19,158
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Other funds (balancing
figure) N/a N/a - - - - - -
Total Funds as per balance sheet 19,826 19,067 - 19,735 - - 19,158
Yes* No*
Fund balances carried forward include assets and liabilities denominated in a foreign currency
**----- End of picture text -----**
Page 26 of 29
**Section C Notes to the accounts (cont)**
## **Note 13 Transactions with trustees and related parties**
_**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_
## **13.1 Trustee remuneration and benefits**
## **This year**
**None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)**
**----- Start of picture text -----**
TRUE
**----- End of picture text -----**
_**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_
|**Name of trustee**
**Legal authority (eg**
**order, governing**
**document)**|**Remuneration**
**Pension**
**contribution**
**Redundancy**
**(including**
**loss of**
**office)/ex**
**gratia**
**Other**
**TOTAL**
**£**
**£**
**£**
**£**
**£**
- -
-
-
**-**
- -
-
-
**-**
- -
-
-
**-**
- -
-
-
**-**
**Amounts paid or benefit value**|
|---|---|
_**Please give details of why remuneration or other employment benefits were paid.**_
_**Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.**_
_**If a third party has been reimbursed for providing one or more trustees, state the nature of the payment and amount of the reimbursement.**_
_**State the number of trustees to whom retirement benefits are accruing under a defined contribution pension scheme.**_
Page 27 of 29
**TRUE**
## **Last year**
**None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)**
_**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_
**----- Start of picture text -----**
Amounts paid or benefit value
Remuneration Pension Redundancy Other TOTAL
Legal authority (eg contribution (including
Name of trustee order, governing loss of
document) office)/ex
gratia
£ £ £ £
-
- - - -
-
- - - -
-
- - - -
-
- - - -
**----- End of picture text -----**
_**Please give details of why remuneration or other employment benefits were paid.**_
_**Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.**_
_**If a third party has been reimbursed for providing one or more trustees, state the nature of the payment and amount of the reimbursement.**_
_**State the number of trustees to whom retirement benefits are accruing under a defined contribution pension scheme.**_
## **13.2 Trustees' expenses**
_**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_
|**_enter "False"._**|||
|---|---|---|
|**No trustee expenses have been incurred (True or False)**
**Type of expenses reimbursed**
**This year**
**£**
**Travel**
-
**Subsistence**
-
**Accommodation**
-
**Other (please specify):**
-
-
**TOTAL**
-
**Please provide the number of trustees reimbursed for expenses or who**
**had expenses paid by the charity**|**This year**
**£**
-
-
-
-
-|**_TRUE_**
**Last year**
**£**
-
-
-
-
-|
|||-|
||||
||||
Page 28 of 29
## **13.3 Transaction(s) with related parties**
_**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.**_
## **This year**
**----- Start of picture text -----**
There have been no related party transactions in the reporting period (True or False) TRUE
Amounts
written off
Name of the trustee Relationship Description of the Balance at Provision for bad debts
Amount during
or related party to charity transaction(s) period end at period end
reporting
period
£ £ £ £
- - - -
- - - -
- - - -
- - - -
In relation to the transactions above, please provide the
terms and conditions, including any security and the
nature of any payment (consideration) to be provided in
settlement.
**----- End of picture text -----**
_**For any related party, please provide details of any guarantees given or received.**_
## **Last year**
|**There have been no related party transactions in the reporting period (True or False)**|**There have been no related party transactions in the reporting period (True or False)**|**There have been no related party transactions in the reporting period (True or False)**|**There have been no related party transactions in the reporting period (True or False)**|**There have been no related party transactions in the reporting period (True or False)**|||**_TRUE_**|**_TRUE_**|||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||
|||||||||**Amounts**|||
|**Name of the trustee**
**or related party**|**Relationship**
**to charity**|**Description of the**
**transaction(s)**|**Amount**|**Balance at**
**period end**|**Provision for bad debts**
**at period end**|||**written off**
**during**
**reporting**|||
|||||||||**period**|||
||||**£**|**£**|**£**|||**£**|||
|||||- -|
||-|
|-||
|||||- -|
||-|
|-||
|||||- -|
||-|
|-||
|||||- -|
||-|
|-||
_**In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.**_
_**For any related party, please provide details of any guarantees given or received.**_
Page 29 of 29