2025-03-31-accounts - King George's Hall Trust, Esher

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KING GEORGE’S HALL TRUST, ESHER

Trustees Report and Financial Statements

For the year ended 31 March 2025

Charity No. 200205

KING GEORGE’S HALL TRUST, ESHER

Contents	Page
Report of the Trustees	3
Report of the Independent Examiner	5
Statement of Financial Actvites	6
Balance Sheet	7
Notes forming part of the fnancial statements	8

KING GEORGE’S HALL TRUST, ESHER

Trustees Report and Financial Statements for the year ended 31 March 2025

Trustees and Advisors

There are two sets of Trustees.

The Custodian Trustee, which is Elmbridge Borough Council acting in its corporate capacity. The assets of the charity are vested in the Council in this capacity, and
The Managing Trustees that consist of the Esher Ward Councillors of Elmbridge Borough Council and representatives of the users of the hall. The Trustees are as follows:

Mr S. Waugh (Chair) Mr R. Williams Mr C. Gaffney Mr T. Oliver OBE Mr J. Mills Mr B. Russell Mr S. Bond Mr R. Crane (Secretary)

Structure, Governance and Management

The Charity is constituted by a 1934 Trust Deed and registered with the Charity Commissioners under charity number 200205. The Trust Deed has been amended in subsequent years, the latest amendment being in 2024.

The Trustees meet at least 3 times a year to consider matters pertaining to the management of the hall.

Objectives, Activities, Achievements and Performance

The object of the charity as stated in the trust deed is the provision and maintenance of a village hall for the use and public benefit of the inhabitants of the Borough of Elmbridge and particularly the Parish of Esher.

KING GEORGE’S HALL TRUST, ESHER

Trustees Report and Financial Statements for the year ended 31 March 2025

Financial review

Overall, including depreciation, the Trust accumulated a surplus of £17,897 in the year. The Trustees received no remuneration or benefits from the Trust in the year (2024 - £nil).

Statement of the Trustees’ Responsibilities

The Trustees are responsible for preparing a Trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that period. In preparing the financial statements, the trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the applicable Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provision of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees consider that it has prepared these financial statements in accordance with the SORP recommendations.

Approved by the Trustees and signed on their behalf by:

Chairman: Simon Waugh

Dated: 20 January 2026

KING GEORGE’S HALL TRUST, ESHER

INDEPENDENT EXAMINER’S STATEMENT

1.1

Report to the Trustees of King George’s Hall Trust, Esher On accounts for the year ended 31 March 2025 Charity no 200205 Set out on pages 1 - 9

Respective responsibilities of The charity's Trustees consider that an audit is not required for this year (under Trustees and examiner section 43(2) of the Charities Act 1993 (the Act)) and that an independent examination is needed.

It is my responsibility

to examine the accounts (under section 43 of the Act),
to follow the procedures laid down in the General Directions given by the Charity Commission (under section 43(7)(b) of the Act), and,
to state whether particular matters have come to my attention.

Basis of independent My examination was carried out in accordance with General Directions given by the examiner’s statement Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.

In the course of my examination, no matter has come to my attention Independent examiner's 1. which gives me reasonable cause to believe that in, any material respect, the statement trustees have not met the requirements to ensure that:

proper accounting records are kept (in accordance with section 41 of the Act); and
accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: Name: Relevant professional qualifcaton(s) or body (if any): Address:	Andrew Jepson	Date:	20 January 2026

	Andrew Jepson

	FCCA
	New Derwent House, 69/73 Theobalds Road, London WC1X 8TA

KING GEORGE’S HALL TRUST, ESHER

Trustees Report and Financial Statements for the year ended 31 March 2025

Statement of Financial Activities for the year ended 31 March 2025

Income and endowments from: Rent - Residents House Interest received Other income Total income Expenditure – Charitable actvites Professional fees Repairs & maintenance Insurance General expenses Depreciaton Total payments Net Surplus for year Reconciliaton of funds Balance brought forward 1 April 2024 Balance carried forward 31 March 2025	Restricted Funds Unrestricted Funds Total Funds Total Funds 2025 2024 £ £ £ £ - 28,490 28,490 20,000 - 2,303 2,303 1,065 - - - 4,225
	- 30,793 30,793 25,290 - 327 327 - - 4,250 4,250 6,215 - 214 214 214 - 105 105 238 8,000 - 8,000 8,000
	8,000 4,896 12,896 14,667 (8,000) 25,897 17,897 10,623 382,704 666,381 1,049,085 1,038,462
	374,704 692,278 1,066,982 1,049,085

KING GEORGE’S HALL TRUST, ESHER

Trustees Report and Financial Statements for the year ended 31 March 2025

Balance Sheet as at 31 March 2025

Note Fixed assets Tangible 3 Current assets Cash Debtors 4 Net current assets Total Net Assets Accumulated Balance of Fund Net fxed assets Revaluaton reserve - land Unrestricted funds Restricted funds	2025 2024 £ £ 270,000 278,000 796,982 740,248 - 30,837
	771,085 771,085
	1,066,982 1,049,085
	299,496 299,496 30,000 30,000 703,364 677,467 34,122 42,122
	1,066,982 1,049,085

The notes on pages 6 to 9 form part of these accounts.

Approved by the Trustees and signed on their behalf by:

Simon Waugh

Date: 20 January 2026

KING GEORGE’S HALL TRUST, ESHER

Trustees Report and Financial Statements for the year ended 31 March 2025

Notes to the financial statements

1 ACCOUNTING POLICIES

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

1.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP FRS 102).

The King George’s Hall Trust, Esher meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

1.2 Accounts on a going concern basis

The Trustees consider there are no material uncertainties about the Charity’s ability to continue as a going concern. The review of our financial position, reserves levels and future plans gives Trustees confidence the charity remains a going concern for the foreseeable future.

1.3 Tangible fixed assets and depreciation

Capitalisation and replacement

The hall was constructed under the trust deed in 1934. The hall has been professionally valued by Brunton Knowles at 1 March 2015 at £280,000, and the land valued at £70,000 under the depreciated replacement cost convention. The Charity is responsible for maintaining the building.

Furniture and equipment costing more than £10,000 is capitalised and carried in the balance sheet at historical cost.

Depreciation

Land is not depreciated. Depreciation of other assets is provided at rates calculated to write off the excess of cost over estimated residual value (£nil) evenly over the estimated useful life for each class of asset, subject to regular review.

The rates are currently as follows:

Freehold buildings

35 years

KING GEORGE’S HALL TRUST, ESHER

Trustees Report and Financial Statements for the year ended 31 March 2025

Notes to the financial statements (continued)

1.4 Income

Income is recognised when the Trust has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from government grants and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received, and the amount can be measured reliably and is not deferred.

2 Management and Administration

The Trustees manage the hall and are responsible for the fabric of the building.

3 Analysis of opening and closing carrying amounts

Cost or valuaton At 1 April 2024 & 31 March 2025 Depreciaton and Impairments At 1 April 2024 Depreciaton in year At 31 March 20245 Net book value 1 April 2024 Net book value 31 March 2025	Freehold Land Freehold Buildings Total £ £ £ 70,000 280,000 350,000
	- (72,000) (72,000) - (8,000) (8,000)
	- (80,000) (80,000) 70,000 208,000 278,000
	70,000 200,000 270,000

4 Debtors: Due within one year

Rent receivable Loan	2025 £ - - -	2024 £ 1,837 29,000
		30,837