MILFORD VILLAGE HALL FUND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

MILFORD VILL4GE HALL FUND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
Contents
Page
Trustees reFM)rt
2-3
IndeFendent Examinefs repxt
Balance sheet

MILFORD VILLAGE HALL FUND
FINANCIAL STATEUENTS FOR THE YEAR ENDED 31 DECEMBER 2024
Gthor•l Inlom)allon
CHARITY NUMBER
PRINCIPAL ADDRESS
Porfsmouth14oad
Mlford
Surrey
GU8 SDS
TRE*SURER
Mr O Couper
Millord Cott
Portsmouth Road
￿￿ord
GU8 5HX
Mr K Fonl F.C.CA
F(¥d Ben1* LLP
Chartwed CerbfJ•J Ac￿ntants
60 HbJh Street
Surrey
SOLicrroRS
E(h¥in Coe LLP
LwuAn's Im
WC2A 3Th
BANKERS
Lk)>￿ TS8
49 High Slreet
Godakning
Swey
P&Je 1

MILFORD VILLAGE HALL FUND
FINANCSAL STATEMENTS FOR THE YEAR ENOED 31 DECEMBER 2024
Report of the Trustees
Structure
Milford Vlllage Hall Fund was created by Tnjst Deed dated 24 Poril 1970. 11 is registered
a5 a Charity under Registered Number 200343.
Oblectlves
Milford Vtllage H￿1 Fund Ihe Setting Maint￿ ofthe h￿[ for lh8 benefrt of
tt)e village of MilfLYd.
The Will•Je Hall Manag*n8nt Committee aThs, (¥) behalf trustees. to wov*Je a
h811 and sm811 meeting ro(#n$ avaitable lo rent for use by Ihg local oyftm￿lfy. I
curr8nt regular users Inclsjde a ol dubs aThl classes. and also hava a nuTnber
of private hirings for sodal fur￿1￿￿$. suth as chihjren's pattss. hall is gen
wdl used.
Flnanclal Commenlary
In thts $orfy part of the )Earwe vrnre bwt by problems arisww from the of our Old
wh￿h was fitted in Septwnbaf. ￿ ext￿￿1￿ Fwqect. costiry around £17.IX)O. but
helped by a Parish C￿￿cl grant of £14.171. Our ￿e¢fr￿ lylls Imve *weased
considerably. all￿￿gh our gas bllls *e miThmal.We 430 unthrto)k to rest(Ye Ihe
Durng Ihe first quarter of the year. were reliant on lgmpxary use of the fan
hèatets. an inathquate ￿tern wthtch caused many comF4aints users. we reduced
Ihe renlal fee by 50% by way of compansalion. In spiie of this. and ￿ert the
increased by over 20% on the previc￿ year.
Temoved whkb was anoth8r large expenge (c£12.OCKI). Thi& tc*Jetherwith exte￿1Ve hal
floor resloration. essent￿1 plumbiNJ general rnaintenW￿e and buikling
repth led to a iot81"Refirt*shment arml repay spend of£58.558.
We have completed a large am(wnt of necessary work and an￿"Cipate far ￿)￿ET
expenditure in 202S.
Reserv•B Poky
We aim to keep ￿ reserve the necessary funds to fuT￿1ng expenses of the hall for
six months. shoukJ we k)se rental I￿ome Itwh doswe due to unftyeseen
Publlc Benefit
The Trustees consider that the tygar*5ation compkn ￿ the Charity Commi5SK)n's
requirement to deM￿strate the pro￿lc￿ of to Ihe publ￿. Thrs requlremenl ss shrAvn by
the Operations and receyt5 arKI payments accwnt by Ihe variety of wukqr hirers from with#)
the ParK%h arKi other WKthvKlual bookings.

MILFORD VILLAGE HALL FUND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 ￿CEMBER 2024
Governan￿ and Interno1 control
Thè present Twstee5 are as follch¥S:
Trustse nam
Mr C Secrett
Mr J Herring
Mr W Edward5
MrsKSm
W(ggins Hous8, The Drive, Godalming. Surrey, GU7 1 PD
B(xough F*m. Portsmouth Ro*l. Wiw. Swrey. GU8 SJY
Edwn Coe LLP. 2 Slfft 8uikJrys. Lmcoln's lrn. LcrfMh)n, WC2A 3TH
The Red HThJse. Slal*m 141itrord. SurTey. GU8 SAD
pcwers of Trustees i￿1￿j¥¥j their m￿StMent are gwr￿d by the Trusl
Oeed and generdl law.
Report for th• Y
The Tnjslees belleve Ihat Ihe income prod￿￿ adtvitss have l%en wel managed arKI the
building has been satisfathrlly maintained. l)Jr polw is to mairtain adequtste reserve5 in
order to ensure that we are a￿0 to fulure repaws mairts)arKe of Mlford Will•3e H￿1.
The fmancial jwr resulte(l ui a d*it of £12.401 (21Y23: £20.079).
The net assets at the end amounted to £86,348 {2023: £98.7491.
The Trnstees are ofthe opthi￿ Ihal Ihe rnana￿ WMI Moint￿ of th8 hall have been
Carr￿ out effectivdy.
This report was gpwoved on
2025
Couper
TreaSu￿r

h•LFORO VILL•*E H￿L FUND
INDEPENDENT EXA•PIERS REPORT FOR IHE IEAI ENDED 31 DECE￿ER 2024
TO THE EXECUTIVE COK•ATfEE OF k•LFORD vILL￿E H￿L
We report Ihe a¢¢ounls of the Vinap8 Hal for the year en(JeiJ 31 D•cemLW 2ty24 as sel ou¢ LNI
pagqs 4 to r. These a¢¢ounis havg t*8n prepared on lh8 ¢￿ts Of accowKJr¥J po￿¢￿ sa o
Iherwn.
This so181y made to the Clwity's TnJstees as a Ix*. in acc(the vAth $ectth 145 of
the Charities Act 2011. Our *tyk l)as been UN￿*[en so tlot * mtght stale to Ihe Charity.
TTUStees Ih06e malters we are luwir￿1 lo slate lo tFw) in ihts rewxt arnj lor no purpDse. To
lh9 fullest 8Xtent p8rniitled by law. rnSLme reswM)S￿Y to anyo￿ otlw than
rhe Gbarity aThJ the CIMrily's Tw5tees as a tKxty. for my TAryk. lor Ikms rrfmyt. w Icw the Opr1￿￿$
hav e form*l.
R••p•¢Wve R••pon*lbllltl•* Ot Trtt*tw Ittdepend•￿I Exthnln*r
Tho Village H￿l'S Trusle8s are reswnsit4e lor Ihe preparat￿n of ih6 &ciyffits. Th Tnjstees
conskler that an autht is not r8wir8d Ivr Ihis yw us%lar 144121 of Ihe 2011 Charities Acl
rtho 2011 A¢t'l and that an ir¥lwnd¢ni exami￿Ation is [￿eded. V*g& Hall is pteparirvJ
acceunts on an basK8 ar￿ ￿ are ¢w*14ed to uThYertake Ihe examH)atw)n by beir#J a
quaIrf￿d m•Trbw ot Th• Association ol kcountanls..
It is our r•sp0rtsii¥￿ty to".
Examine Ihe accwnts uThler Sec1￿ 14S of the 2011 kt:
To lollyw ￿¥£￿￿11￿8s l&•1 in the Ge￿01 Dwectior6 wen by the Charhy
commi*sion rnad8 ￿￿181 $6rltoft 145(5llbl ol the A¢t,
to stale v**lher part*ukr mattws twve wne to ow attwrtK41.
Basis of Indepond•t Euwniner's S1•tem￿l
Our eXaMin*￿n Wds carri8(l out in acc￿d￿￿e wth Ggnerd Directions tqV8n by Ihe Chafily
Comm4ssion. An 8xamination inc￿￿8& a ra¥iew ol ￿cO￿tITyj records by Ihe Charily
and a cornparisc￿ ol the accourts pres&)ted ¥Ath thos8 It *0 I￿lL￿S corsti*ation
of any unusual items or th$c￿￿eS In the XCOW4ls arnl sed¢KwJ expla)alK￿% fmm Ihe Tmsteos
concerThNJ any $wh matleTS. The uTr￿rtaken th) tYo¥wJg al the evKkn& that
ba requir8d in an a￿￿t arKI c¢w*ntty no wilon 15 gr¥en as to a¢cowts
a aTrl fair vigw ar** Iho is limitod lo t&￿e rnatters set L¥rt b810w.
Independenl Exarnlfter's St•tem￿l
In Connect￿ our eMaminatK)n mallar has come to our atlention.
lal
h gives us re&s(the cause to be￿￿e thal in any material reS￿t th8
rewirements
to keep ￿¢￿￿7t￿¥￿ recorts in accofdwKe vith 130 01 th8 2011 Act
To ¥thh VAlh Ihe ￿(￿jnIn3 r￿ordS aTrJ comtdy
vilh acC￿rA￿ Ihe 2011 Act.
have not mel or
lo thch in our ￿￿$*0￿. t• t*a*Tr ¥) or(*r to 8nat48 a woper
uThJarstaWKlng of th8 accou
s to I￿ re￿h•y
Ibl
Ford Bentall LLP
60 HwJh StrEet
Chobham
Suirty
GU24 8AA
K A Fcffd FCCA
Dated..
2025
Pw64

MILFORD VILLAGE HALL FUND
FINANCIAL STATEIAENTS FOR ThE YEAR ENDED 31 DECUIBEA 2tr24
Tow Funds
Tclal Fur•Js
IncomlTrJ R•wur¢es
VO￿ntary income In￿e 7)
Imieslment ¥wne {ThJtè 81
143
ot aecess
Hal lettir
RenMI
20M11
17,170
6.720
25.
TO1￿ In¢oThlng
961
Cost ol ge￿latI￿ tsnd$
H￿1 owatiry expw)s¢s (Thxe 91
Inote 101
47.025
516
41
47.515
-20.079
Totsl Iwxls brougm lornwd
9&749
118.828
98.749
Conlinuing
No stat8menl ol Total Rtcognised G•"r* a￿A Losses has be￿ wepwed as th# Hall has
rseognised gains C￿ h)sse8 fAhorlhan the prcrfits aThJ *)sses [￿the two finwKial pg1ic¥J$.
nrtes on pages 7 10 8 lorrn part ofiheseacxwrts

F4llLFORD VILLAGE HALL FUND
FINATrICIAL STATEI.AEIITS FOR'IHE YEAR EtlOEO 31 OECEI.IBER 2ff4
831ance shtret Lis ai 31 Dpcember 2024
2023
FIXED ASSETS
Inote11 }
22,gVd
CURREkll' ASSErs
Cash ai bank
CutTenl
11,109
11.350
32 Day Iyoi
Hampshire Twst Bar
22.244
47,622
40,OCK)
86.348
98.972
CREDITORS
Amounts falllng due In one y￿r
Inole 12}
223
NEf pSSEtS
84348
98.749
RCPRESCNTEO B'I- FUI.IOS
Accumulated lunds broughl lorward
98,7É19
118.828
Delicit for the year
112,401)
120.0791
Ac￿mUlat￿ funds ca￿1￿j IoTwaTd
86.348
98,749
Mr D Coiiper
Treasurer
Dated".
IF" k1
2025
Page 6

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MILFORD V1LLIQEM￿L FUND
NOTESTOTNE￿coUHy$F0A IHEYEAW èKla) 31 DECEIIBBI 2124
nt
WXIJNT*IIYWC4XI£
14J
Uohues
Hal IrfjLT
47.CeS
iaovERN*H¢E COSTS
Ilffje Hal Fw
516
Ch¥gefty tresw aa31 a
MEf BQOKVXUE
A31 3124
12 Cl1￿(￿1*
P*J•8