## **KING GEORGE’S HALL TRUST, ESHER**
## **Trustees Report and Financial Statements**
**For the year ended 31 March 2025**
**Charity No. 200205**
1
## **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|
2
**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.
1. 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
2. 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.
3
**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
4
## **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
2. 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|||
5
## **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|
6
## **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
7
**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
9
## **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|
9