LYDNEY TOWN HALL TRusr TRUSTEE ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024 Lydney Town Hall Trust Is a reortered tharity (number 210628) whose address Is The Town Hall, Hl8h Street Lydney. Gloucestershlre, GL15 5DY The Tnistees at the tlme of the preparatlon of the accounts for 31.3.2024 are below. Chalr: Paul Trevatt Vlce Chalr. Nlck Wood OtherTrustees Colln Knlght Tasha Saunders Janet Hyde Geoffrey Hyde Mark Plllln8er Other Officers '. Treasurer: Judfth Davls (employee and commlttee memberl Secretary Cherry McGlnnlty (Commlttee member I The chartvs 8overnln8 document Is a Oetlaratlon of Trust dated 20 September 1957 and a scheme of 19 February 1968 as amended by a stheme sealed on 7th October 1993. The current governance Is based on a dedaratk)n of Tn Deed made 22Th1 May 2012 when new Trustees were appolnted. On 9th February 2021 an amended Trust Deed of Appolntment and Retlrement of TNstees was afflmied to establtsh the current poS1th of the Charftable Tru# and recognlslng all the changes made sln¢e 22nd May 2012 that had not been recognlsed by an amended Trust Deed. Trustees a appolnted or res18n annually accordln8 to the rules of theTrust. Appolrtments are u5ualty at the AGM and are subjert to approval of the exlstin8 Trustees. The day to day aCtfveS of the Tnt are manaEed by a mana8ement commfttee whlth comprlses the Trustees and volunteers as eletted.
Oblectlves and Acuvftles The objectives of the charlty as set out in the Declaration of Trust Deed 2012 are the provlslon and malntenance of the Lydney Town Hall Bulldlng to Pfovlde publlc benefft throuth communlty use. The Trustees have complled wlth thelr duty to have re8ard to the 8uldance on ?ubllc Benefft" publlshed by the Charlty Commlsslon In exerclsln8 thelr powers and dutles. The charlty has contlnued to provlde and malntaln the T¢iwn H)11. In furtherance of the publlc benefft 8lven bythe Charft(s tharltable actl¥ltle& Flnandal r•vlew The Trustees bellevÈ that the Charlty has adequate reserves to finance Its actlvltles for the Immedlate futufe and have approved the flnandal statements for the year ended 31 March 2024 There are no funds In defidL All credltaxs and loans (C¢Md Bounce Back Loan) are covered by Ilquld assets. The Yearendlni 31* Marth 2024 saw the Hall tythe Trust Incmse Its Income by 28% wlth Increases In weekend muslc and theatre events and also an Increased communlty use of the hall durln8 the weeL Thls enabled the Trust to coverthe Increased costs of Its actmtles due to volume and cost. It was also able to Increase the malntenanee expendlture on the bulldlng by 46% The Trust was able to add £8,073 to Its reserves for the year ended 31.3.2024 ret•lnln8 6% oflts 8ross Income for the year brln8ln8 a fund of £54.148 8oln8 fOard to meet fvture costs and malntsln and Improve the Infrastructure of the Town Hall. The outlook for 202412025 Is to malntaln the level of actlvlty In 202312024 and meet the Increased costs of ener8y and malntenance. Indwndent EX•finL71S The CharW5 financlal statements as filed have been Independentty examlned by lan Starfleld. Chartered Certffied knountanL
Annual Report approved by the Trustees Paul Trevatt Chalr 6.11.2024
| Page | |
|---|---|
| Independent Examiner's ReportontheAccounts | 1-2 |
| StatementofFinancial Activities | 3 |
| Balance Sheet | 4 |
| NotestotheAccounts | 5-8 |
| Appendix | |
| Income and Expenditure Account | 9 |
| Detailed Balance Sheet | 10 |
CHARifi COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustees Lydney Town Hall Trust On accounts for the year ended 31 $1 March 2024 Charity no (if any) 210628 Set out on pages 3to10 I report to the trustees on my examination of the accounts of the above charity ('the Twst") for the year ended 3151 March 2024 Responsibillti88 and ba818 of report As the Charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('Ihe Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in Garrying out my examination, I have followed all the applicable Diredions given by the Charity Commission under section 145(5)Ib) of the Act. Independent l. examiner'8 Statement have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordance with section 130 of the Charities Act., or the accounts did not accord with the accounting records., or the accounts did not comply with the applicable requirements concerning the form and Gonlenl of accounts set out in the Charities (AGcounls and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair. view which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in Ihis report in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets rf they do not apply. Signed: Date: Name: lan Starfield Relevant professional qualification(s) or body (if any): FCCA The P I Partnership Chartered Certified Accountants Bath BreweryTollbridge Road Bath BAI 7DE Address:
| Section B | Disclosure |
|---|---|
| Only complete if the examiner needs to highlight material matters of concern | |
| (see CC32, Independent examination of charity accounts: directionsand | |
| guidance for examiners). |
| StatementofFinancial Activities | StatementofFinancial Activities | |
|---|---|---|
| Fortheyear ended 31stMarch 2024 | ||
| Yearended | Yearended | |
| 31Mar24 | 31Mar23 | |
| £ | £ | |
| IncomingResources | ||
| Voluntary Income: Donations | 3,282 | 2,589 |
| Grants | 10,711 | 6,000 |
| IncomingResourcesfrom charitable activities | 120,713 | 96,730 |
| Total IncomingResources | 134,706 | 105,319 |
| ResourcesExpended | ||
| Costofgenerating funds | 61,076 | 40,585 |
| Facilities Expenditure | 65,557 | 53,852 |
| Governance Expenditure | o | o |
| TotalResourcesExpended | 126,633 | 94,437 |
| Net IncomingResources | 8,073 | 10,882 |
| OtherRecognisedGainsandLosses | ||
| Net Movement inFunds | 8,073 | 10,882 |
| TotalFundsat startofyear | 46,075 | 35,193 |
| TotalFundsatYearEnd | 54,148 | 46,075 |
| Yearended | Yearended | ||
|---|---|---|---|
| 31Mar24 | 31Mar23 | ||
| £ | £ | ||
| Thisisstated after charging: | |||
| GrossSalaries | 6,153 | 5,400 | |
| Depreciation | 1,886 | 2,456 | |
| Independent ExaminersFees | 0 | 0 | |
| 3.Tangible Fixed assets | |||
| Equipment | Fixtures | Total | |
| &Fittings | |||
| Cost | |||
| At 1stApril 2023 | 28,066 | 5,065 | 33,131 |
| Additions | 271 | 672 | 943 |
| Asat31stMarch 2024 | 28,337 | 5,737 | 34,074 |
| Accumulated Depreciation | |||
| At 1stApril 2023 | 22,241 | 2,400 | 24,641 |
| Chargeforthe year | 1,219 | 668 | 1,887 |
| Asat31stMarch 2024 | 23,460 | 3,068 | 26,528 |
| NetBook Value | |||
| Asat31stMarch 2023 | 5,825 | 2,665 | 8,490 |
| Asat31stMarch 2024 | 4,877 | 2,669 | 7,546 |
| Year ended | Year ended | |
|---|---|---|
| 31Mar24 | 31Mar23 | |
| £ | £ | |
| Accounts Receivable | 188 | |
| Other Debtors | 1,146 | 373 |
| 5.Creditors:Amounts falling duewithinone year | ||
| Vearended | Year ended | |
| 31Mar24 | 31Mar23 | |
| £ | £ | |
| Accounts payable | 8,750 | 4,406 |
| Accruals and deferred income | 4,009 | 3,749 |
| PAVE,Tax | 122 | ° |
| Total | 13,881 | 8,155 |
| 7. Analysisofnetassetsbetween | 7. Analysisofnetassetsbetween | funds | |||
|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | 2024 | 2023 | |
| General | Funds | Funds | Funds | Total | Total |
| £ | £ | £ | £ | £ | |
| Tangible assets | ° | 7,546 | 0 | 7,546 | 8,490 |
| Current Assets | 63,328 | 0 | 0 | 63,328 | 49,562 |
| Current liabilities | -16,726 | ° | 0 | -16,726 | -11.977 |
| NetAssets | 46,602 | 7,546 | ° | 54,148 | 46,075 |
| At1stApril | Incoming | Outgoing | At31stMarch | |
|---|---|---|---|---|
| 2023 | 2024 | |||
| £ | £ | £ | £ | |
| Designated Funds | 8,490 | 943 | 1,887 | 7,546 |
| Restricted Funds | 0 | 0 | 0 | 0 |
| I | ||||
| Unrestricted Fundsnet | 37,585 |
9,017 | 0 | 46,602 I |
| I | ||||
| TotalFunds | 46,075 | 9,960 | 1,887 | 54,148 |
| 12Months to31March2024 £ £ INCOME BarSales 63,791 HallHire 24,277 Ticket sales 22,569 CateringIncome 1,376 OfficerentalIncome 8,700 Donations 3,057 Fundraising 225 Grants 10,711 Total Income 134,706 EXPENDITURE Barpurchases 28,582 StockChange 975 Cateringpurchases 591 Eventcosts 23,908 TicketAgencyexpenses 288 Heat,Light,Water 14,775 Rates 253 Licences 1,396 Maintenance&cleaning 32,279 Wages 6,153 Telephone&Internet 1,954 Insurance 3,053 Software&Stationery 1,466 Professionalfees 2.288 Advertising 3,105 Card,Machine&Interest costs 2,822 MiscellaneousExpenses 859 Depreciation 1,886 126,633 Excessl(Deficlt)ofIncomeoverexpenditure 8,073 BalanceBroughtForwardfrompreviousyear 46,075 Capital Account 54,148 |
12Months to31March2024 | 12Months to31March2024 | 12Monthsto31March2023 £ £ 47,348 23,134 16,366 832 9,050 2,332 257 6,000 105,319 21,638 2,471 332 17,612 637 14,565 602 629 22,043 5,400 1,672 2,612 1,074 2,835 1,907 894 2,456 94,437 10,882 35,193 46,075 |
12Monthsto31March2023 £ £ 47,348 23,134 16,366 832 9,050 2,332 257 6,000 105,319 21,638 2,471 332 17,612 637 14,565 602 629 22,043 5,400 1,672 2,612 1,074 2,835 1,907 894 2,456 94,437 10,882 35,193 46,075 |
|
|---|---|---|---|---|---|
| £ 63,791 24,277 22,569 1,376 8,700 3,057 225 10,711 |
£ 134,706 126,633 8,073 46,075 54,148 |
£ 47,348 23,134 16,366 832 9,050 2,332 257 6,000 |
|||
| 28,582 975 591 23,908 288 14,775 253 1,396 32,279 6,153 1,954 3,053 1,466 2.288 3,105 2,822 859 1,886 |
21,638 2,471 332 17,612 637 14,565 602 629 22,043 5,400 1,672 2,612 1,074 2,835 1,907 894 2,456 |
||||
| 10,882 35,193 |
|||||
| 46,075 |
| Fixed Assets Equipmentcost Equipmentdepreciation Fixtures&Fittingscost Fixtures&Fittingsdepreciation Currentassets Stock Bank CashinHandandfloat Debtors Otherdebtors LessCurrentLiabilities Creditors DeferredIncome Accruedexpenses PAVE BouncebackLoan NetCurrentassseta TotalAssetslessLiabilities Representedby Capital&Reserves Accumulatedfunds |
£ 4,596 54,336 3,062 188 1,146 |
31.3.2024 £ 28,337 - 23,460 5,736 3,067 7,546 63,328 - 16,726 46,602 54,148 54,148 £ 5,571 42,834 784 373 5,990 1,390 775 3,822 |
31.3.2024 £ 28,337 - 23,460 5,736 3,067 7,546 63,328 - 16,726 46,602 54,148 54,148 £ 5,571 42,834 784 373 5,990 1,390 775 3,822 |
31.3.2023 £ 28,066 22,241 5,065 2,400 |
|---|---|---|---|---|
| 8,490 | ||||
| 49,562 11,977 |
||||
| 8,750 4,009 1,000 122 2,845 |
||||
| 37,585 46,076 46,075 |
| Page | |
|---|---|
| Independent Examiner's ReportontheAccounts | 1-2 |
| StatementofFinancial Activities | 3 |
| Balance Sheet | 4 |
| NotestotheAccounts | 5-8 |
| Appendix | |
| Income and Expenditure Account | 9 |
| Detailed Balance Sheet | 10 |
CHARifi COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustees Lydney Town Hall Trust On accounts for the year ended 31 $1 March 2024 Charity no (if any) 210628 Set out on pages 3to10 I report to the trustees on my examination of the accounts of the above charity ('the Twst") for the year ended 3151 March 2024 Responsibillti88 and ba818 of report As the Charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('Ihe Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in Garrying out my examination, I have followed all the applicable Diredions given by the Charity Commission under section 145(5)Ib) of the Act. Independent l. examiner'8 Statement have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordance with section 130 of the Charities Act., or the accounts did not accord with the accounting records., or the accounts did not comply with the applicable requirements concerning the form and Gonlenl of accounts set out in the Charities (AGcounls and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair. view which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in Ihis report in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets rf they do not apply. Signed: Date: Name: lan Starfield Relevant professional qualification(s) or body (if any): FCCA The P I Partnership Chartered Certified Accountants Bath BreweryTollbridge Road Bath BAI 7DE Address:
| Section B | Disclosure |
|---|---|
| Only complete if the examiner needs to highlight material matters of concern | |
| (see CC32, Independent examination of charity accounts: directionsand | |
| guidance for examiners). |
| StatementofFinancial Activities | StatementofFinancial Activities | |
|---|---|---|
| Fortheyear ended 31stMarch 2024 | ||
| Yearended | Yearended | |
| 31Mar24 | 31Mar23 | |
| £ | £ | |
| IncomingResources | ||
| Voluntary Income: Donations | 3,282 | 2,589 |
| Grants | 10,711 | 6,000 |
| IncomingResourcesfrom charitable activities | 120,713 | 96,730 |
| Total IncomingResources | 134,706 | 105,319 |
| ResourcesExpended | ||
| Costofgenerating funds | 61,076 | 40,585 |
| Facilities Expenditure | 65,557 | 53,852 |
| Governance Expenditure | o | o |
| TotalResourcesExpended | 126,633 | 94,437 |
| Net IncomingResources | 8,073 | 10,882 |
| OtherRecognisedGainsandLosses | ||
| Net Movement inFunds | 8,073 | 10,882 |
| TotalFundsat startofyear | 46,075 | 35,193 |
| TotalFundsatYearEnd | 54,148 | 46,075 |
| Yearended | Yearended | ||
|---|---|---|---|
| 31Mar24 | 31Mar23 | ||
| £ | £ | ||
| Thisisstated after charging: | |||
| GrossSalaries | 6,153 | 5,400 | |
| Depreciation | 1,886 | 2,456 | |
| Independent ExaminersFees | 0 | 0 | |
| 3.Tangible Fixed assets | |||
| Equipment | Fixtures | Total | |
| &Fittings | |||
| Cost | |||
| At 1stApril 2023 | 28,066 | 5,065 | 33,131 |
| Additions | 271 | 672 | 943 |
| Asat31stMarch 2024 | 28,337 | 5,737 | 34,074 |
| Accumulated Depreciation | |||
| At 1stApril 2023 | 22,241 | 2,400 | 24,641 |
| Chargeforthe year | 1,219 | 668 | 1,887 |
| Asat31stMarch 2024 | 23,460 | 3,068 | 26,528 |
| NetBook Value | |||
| Asat31stMarch 2023 | 5,825 | 2,665 | 8,490 |
| Asat31stMarch 2024 | 4,877 | 2,669 | 7,546 |
| Year ended | Year ended | |
|---|---|---|
| 31Mar24 | 31Mar23 | |
| £ | £ | |
| Accounts Receivable | 188 | |
| Other Debtors | 1,146 | 373 |
| 5.Creditors:Amounts falling duewithinone year | ||
| Vearended | Year ended | |
| 31Mar24 | 31Mar23 | |
| £ | £ | |
| Accounts payable | 8,750 | 4,406 |
| Accruals and deferred income | 4,009 | 3,749 |
| PAVE,Tax | 122 | ° |
| Total | 13,881 | 8,155 |
| 7. Analysisofnetassetsbetween | 7. Analysisofnetassetsbetween | funds | |||
|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | 2024 | 2023 | |
| General | Funds | Funds | Funds | Total | Total |
| £ | £ | £ | £ | £ | |
| Tangible assets | ° | 7,546 | 0 | 7,546 | 8,490 |
| Current Assets | 63,328 | 0 | 0 | 63,328 | 49,562 |
| Current liabilities | -16,726 | ° | 0 | -16,726 | -11.977 |
| NetAssets | 46,602 | 7,546 | ° | 54,148 | 46,075 |
| At1stApril | Incoming | Outgoing | At31stMarch | |
|---|---|---|---|---|
| 2023 | 2024 | |||
| £ | £ | £ | £ | |
| Designated Funds | 8,490 | 943 | 1,887 | 7,546 |
| Restricted Funds | 0 | 0 | 0 | 0 |
| I | ||||
| Unrestricted Fundsnet | 37,585 |
9,017 | 0 | 46,602 I |
| I | ||||
| TotalFunds | 46,075 | 9,960 | 1,887 | 54,148 |
| 12Months to31March2024 £ £ INCOME BarSales 63,791 HallHire 24,277 Ticket sales 22,569 CateringIncome 1,376 OfficerentalIncome 8,700 Donations 3,057 Fundraising 225 Grants 10,711 Total Income 134,706 EXPENDITURE Barpurchases 28,582 StockChange 975 Cateringpurchases 591 Eventcosts 23,908 TicketAgencyexpenses 288 Heat,Light,Water 14,775 Rates 253 Licences 1,396 Maintenance&cleaning 32,279 Wages 6,153 Telephone&Internet 1,954 Insurance 3,053 Software&Stationery 1,466 Professionalfees 2.288 Advertising 3,105 Card,Machine&Interest costs 2,822 MiscellaneousExpenses 859 Depreciation 1,886 126,633 Excessl(Deficlt)ofIncomeoverexpenditure 8,073 BalanceBroughtForwardfrompreviousyear 46,075 Capital Account 54,148 |
12Months to31March2024 | 12Months to31March2024 | 12Monthsto31March2023 £ £ 47,348 23,134 16,366 832 9,050 2,332 257 6,000 105,319 21,638 2,471 332 17,612 637 14,565 602 629 22,043 5,400 1,672 2,612 1,074 2,835 1,907 894 2,456 94,437 10,882 35,193 46,075 |
12Monthsto31March2023 £ £ 47,348 23,134 16,366 832 9,050 2,332 257 6,000 105,319 21,638 2,471 332 17,612 637 14,565 602 629 22,043 5,400 1,672 2,612 1,074 2,835 1,907 894 2,456 94,437 10,882 35,193 46,075 |
|
|---|---|---|---|---|---|
| £ 63,791 24,277 22,569 1,376 8,700 3,057 225 10,711 |
£ 134,706 126,633 8,073 46,075 54,148 |
£ 47,348 23,134 16,366 832 9,050 2,332 257 6,000 |
|||
| 28,582 975 591 23,908 288 14,775 253 1,396 32,279 6,153 1,954 3,053 1,466 2.288 3,105 2,822 859 1,886 |
21,638 2,471 332 17,612 637 14,565 602 629 22,043 5,400 1,672 2,612 1,074 2,835 1,907 894 2,456 |
||||
| 10,882 35,193 |
|||||
| 46,075 |
| Fixed Assets Equipmentcost Equipmentdepreciation Fixtures&Fittingscost Fixtures&Fittingsdepreciation Currentassets Stock Bank CashinHandandfloat Debtors Otherdebtors LessCurrentLiabilities Creditors DeferredIncome Accruedexpenses PAVE BouncebackLoan NetCurrentassseta TotalAssetslessLiabilities Representedby Capital&Reserves Accumulatedfunds |
£ 4,596 54,336 3,062 188 1,146 |
31.3.2024 £ 28,337 - 23,460 5,736 3,067 7,546 63,328 - 16,726 46,602 54,148 54,148 £ 5,571 42,834 784 373 5,990 1,390 775 3,822 |
31.3.2024 £ 28,337 - 23,460 5,736 3,067 7,546 63,328 - 16,726 46,602 54,148 54,148 £ 5,571 42,834 784 373 5,990 1,390 775 3,822 |
31.3.2023 £ 28,066 22,241 5,065 2,400 |
|---|---|---|---|---|
| 8,490 | ||||
| 49,562 11,977 |
||||
| 8,750 4,009 1,000 122 2,845 |
||||
| 37,585 46,076 46,075 |