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|