LYDNEY TOWN HALL TRUST TRUSTEE ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 l.Reference and Administrative Infonnation Lydney TO Hall Tntst is a registered charity (number 210628) whose addr&%$ is The Town Hall, High StrttL Lythiey, Glouttstershire, GL15 5DY The Current management of the Tn1 at the time of the pryaration of the report and coUnts for 31.3.2025 arc described below: Paul Trevatt Colin Knight Natasha Saunders Janet Hyde G¢offtey Hyde Ni¢holas Wood Chair: Liam Saunders Vice Chair: A Nardecchia Tre&surer: Paul Trevatt Secretary: Angela Pitura LicenseclBar Maoagcr. Liam Saunde Social Mcdia Manager: Natasha SauDdas 2.Structure, Governance and Management The ¢harity'S 8oveming document is a Declaration of TTUSt dated 20 September 1957 and a scheme of19 Febnwy 1968 as arnended by a scheme sealed on 7th October 1993. The rutrent govcrnancc 15 based on a declaration of Tn Decd made 22nd May 20J2 when new Trustees were appointed On 9th February 2021 an amended Trust Deed ofAppointmeDt and Relirement of Tfttees wa5 aff[¢d to establish the current position of the Charitsble Trnst recognising all the changes made since 22nd May 2012 that had not bccn reco8nised by ao 8m¢llded Tnt ThteeS are appointed or resi annually according to the rules of the Tnjst. Appointments are usually at the AGM and are subject to approval of the lS1[g Trustea. The day-tfrday activities of the Tnt are m8Da8ed by a management comnuttee whicb comprises the Tnlee£ and volunteers &s electe41 MeetiDgs of the management committee are held regularly.
3.Objectives and Activities The obiectivcs of the chaTity as set out in the DeclaTation of Tnt Decd 2012 are the provision and nuintenance of the Lydney Town Hall Building at)d to provi(k public benefit for the benefit of the residents of Lydney and surrounding areas. through community use. Main Activities in the Year. Hiring out the hall for community events, meetings. and private fim¢tions Supporting the provision of M$¢ CODceTts. theatre trfoTmaDces, and cultural events Supp)rtiDg local authoritie4 groups and Chariti by providing affordable venue space Public Benefit: The trustees confitm that they have cornplicd with the duty in se¢tton 17 of the CTItieS Act 2011 to have due regard to public benefit 8uidance published by the Charity Commission. The charity b&s continued to provide and maintain the Town Hall, ID furtberance of the public benefit given by the Charity's charitable activiti&s. 4. Achievements succsfi1Y hosted over 150 ¢ommunity and private fimction events and 35 public entertainment perfornwice5. Renewed wrtains and chaiTS for main hall. Upgraded hall electrics including circuit4 lighting and systems to latest Tegulations to improve event quality and public safety. The Tne¢S have complied with their duty to have regard to the guidance on"Public Benefif published by the Charity Cornrnission in exercising their powers duties. The chatity has continued to provide and rnaiDtain the Town Hall, in furtherance of the public benefit given by the Charity's charitsble activiti&8. 5.Financial review tncome: £138,173 Expenditure: £131257 Reserves Policy: The Tnt reserves of £61.064 arc unrestricted and will be ed partly against future operdting Costs to ensure finaDcial sthbility and also to fund futyre improvement projects for the bui]din8. The principal funding Sour for the charitable trusts are." Venue hire fees Ticket sales from events Grants from local authorities and C([nualty fid$ Donations and fundraising aclivitics tnvestment Policy: The clwity does not bold any investments twond ¢ash reserves. The Trustees bclicve that the charity has adequate Teserves to fmance its activities for thc imm¢diale fUth and have approved the fuwKial stameDts for the ycat ended 31 March 2025
There are no funds in dcficit. All creditors and loans {Covid Bounce Back L4)an) are eovered by liquid assets. The Year ending 31st March 2025 saw the Hail nm by the T1 increase its income by +2.50/0 Cornmunity use. through hall hiTe and weekend music and theatre events, remained popular. This enabled the Tn]st to cover the increased costs of its activities (+3.6¢/0 The Trust was able to add £6.916 to its rerVeS for the year ended 31.3.2025 retaining 50/0 of its gross income for the year bringing a fund of £61,064 goin8 fomrd to meet futs]re Costs and DintaIti and improve the infr&structure of the Town Hall. The outlook for 202512026 is to maintain the level of activity iti 2024r2025 and meet the in¢r¢ased costs of energy and maintenance despite challenwng economi¢ conditions from a cost-of-living ¢hallen8e for many regular users of the Hall Independent Examiner of Lydney Town Hall Tnth Accounts The Charity's finan¢ial ststements as filed have been indentlY examined by lan Starfield, Chartered Certified AccountanL 6.Serious Incidents There are no serious incidents to report for the year to 31* Mwch 2025 Annual Report appmved by thc Trustees Paul Trevatt TTrtee 19.112025
FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR LYDNEY TOWN HALL TRUST
Town Hall Trust Contents of the Financial Ststements For the ar ended 31° March 2025 Page Independent Examlnerfs Report on the Accwnts Balance Slmt Notes to the Accounts
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Seclion A:. Independent Examiner's Report LqbTrJrY lo) (4ALL SI. 3.Zc)If I LELS-r ended Charlty no {If any) 21062 Sel out on pages I report to the trustees on my examination of the aC?Trts of the above nhe Trusf) for th8 year ended Responsibllllles and basis of Mport As the thariws trustees. you are responsible for the preparation of the accounts in &cordance wslh the requtrements of the Charities Aet 2011 Arf). I report in respect of my examination of the Trust's 8Ctounts carried out under section 145 of the 2011 Act and in carying my examination. I have followed all the applicable Directions given by the Commssston under section 145(5)(b) of the A( Independent trhe charity's gross inm exceedwj £250.000 and l am qua to examinets statement undertake the examination by being a qualified memberof fmsert name of applr*Jle1ssted bodyj. Dekle [ ] rfnol 8pplicabl8. I have ojmpleted my examination. I confinn that no material matters have come to my attention in connection with the examination (other than that di5dosed below") whh gives me tsu5e to befieve that in. any material of the Charilies Act or the accounts did not accord fjIh the acu)uniing rewrds; or the accounts did not mplY wilh the ap1{ble requirements conceming the form and content of accounts set out in the Chatities (Accounls and Reports) Regulations 21]08 other than any Fequiremenl that the accounts give a and fairf view which is not a matter considered as part of an Indepent &xamination. I have no c¢mcems and have come across no other mattws in connection wlth the examlnatton to which attentton should be drawn Sn thls report in orderto enable a proper understandiFYJ of the accounts to be reached. in the bwkets rfthey (k) notapply. Signed: I l 2Q2& Nam8: qU8llficalton(s) or body Fcc IER
(if any): Address: .LL6KJtso£ Section B Disclosure Only complete il the examiner needs to highlighl material mallers of concern (see CC32, Independent examination of charity ac¢ounts= directions and guidance for examiners). Give here brief details of any items that the examlner wlshes to disclose. IER
Town Hall Trust Statement of Financial Activities For the ear ended 31" March 2025 Year ended 31 Mar 25 Year ended 31Mar24 Incomlng Resources Voluntary Income: Donations 2,244 3,282 Grants 10.711 Incoming Resources from charitsble activities 128,929 120.713 Totsl Incoming Resources 138.173 134.706 Resources Expended Cost of generatlng fvnds 52,459 61,076 Facilities Expenditu 78,798 65,557 Governance Expenditure Total Resources Expended 131.257 126,633 Net In¢¢xnlng Resource5 6.916 8,073 Other Recognlsed Galns and Losses Net Movement In Funds 6,916 8,073 Total Funds at start of year 54.148 46.075 T¢)tal Fynds at Year End 6164 54.148
Town Hall Trust Balance Sheet As at 31° March 2025 Year ended 31 Mar25 Year ended 31 Mar24 Tan8lble Assets 10,846 CurrentAsMts Debtors Cash at bank and In hand St¢xk 1,334 57,398 64.828 CredEtors: amounts falll Due wlthln one year A¢¢ruals 15,965 2,413 12,881 Loan- Bounce Back re Covld Net Current Assets 50,218 602 The financlal statements set out on pa8e$ 3 to 8 were apmed by the Trustees at a meetin 19th November 2025
Town Hall Trust Notes to the Accounts For the Year Ended 31" Marth 2025 l. Account1 PollcSes The financlal ststements are prepared under the hlstorical cost convention. Incoming Re%wrce5 Grants and Donations receivable are included in full in the Statement of Finanual ActNities in the year in which are receibd. Rentsl income and inve5tnRnt income is indled in the Ststement of Flnanclal Atttvltles In the year in which rt rled. There Is no Investrrnt income in 2024125 (nil 20231241 The value of seThices provided byVOknntee Is not included in the account& Depreclation is provided at rdtes calcukted to write off costs of fixed assets their estimated residual value over their expected useful li on the followin8 basis EquipmenL fNtures and ffttiw: 20% on a re1r balan basis Restrkted funds Restritted frjnds are used for specrfic purposes as laid down by the dortor. Expendtture whith meets these cfiterla is charged to thisfund. Unre5trirted fvn(ts a incorning resources receThoble or generated forthe objects of the charity without further spectfied purposes and are available as Eenefal funds.
Resources expended Resources expended a ¢0nIsed In the perlod In which they are Incurred on the accruals basis. 2. Net Incomlng Resou5 For the year Year ended 31 Mar25 Year ended 31 Mar24 Thls 55 Stated after charglng: Gross Salarles 6,153 6,153 DepCIatIOft 3,615 1.886 Independent EMamlner5 Fee5 3. Tanglble Flxed ass•ts Equlpment Flxtures Totsl & Flttlres Cost As at 1*1 Aprfl 2024 Addltlons 28.337 4,594 5,737 2,321 34.074 6,915 As at 31. March 2025 32,931 8,058 40,989 Accumulated Depreclatlon At I. Aprll 2024 Char8e for the year 23A60 3.068 1.131 26,528 3.615 As at 31" March 2025 25.944 4,199 30,143 N•t Book Valu8 As at 31" Marth 2024 4,877 2.669 7,S46 As at 311t March 202S 6387 3A59 10.846
Debtors Year ended 31 Mar25 Year ended 31 Mar 24 Accounts Recelvable Other Debtors 798 934 1,146 5. Credltors: Amounts fallln8 due within one year Yèar ended 31 Mar 25 Year ended 31 Mar 24 Accounts payable Accruals and deferred Income PAYE. Tax 12.055 6.323 8.750 4.009 122 Total 18,378 13,881 6. Lo•ns A Covld support Loan IBounce backl was recelved by The Trust Sn 2020 of £6,000 repayable In 60 Instalments from 2021 to 202618alance owlng 31.3.2025 £1,717) 7. Analysls of net assets ljetween ld$ Unrestricted De51gnated Restricted General Funds Funds Fund5 2025 Total 2024 Total Tan8ible assets 10.846 10,846 Current Assets 70.313 70.313 63,328 Current Ilabllltles -20,095 -20.095 16.726 NetAssets 50.218 10.846 61.064 54,148
Net Movement In Funds At I" April 2024 Incoming Outgolng At 31Jt March 2025 Designated Funds 7,546 6.915 3,615 10,846 Restrltted Funds Unrestrlcted Funds net 46.602 3,616 50.218 Totsl Funds 9,960 I7 6L064
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report LqbTrJrY lokjh) 14ALL Sl. 3.zozf I LLLS-r On accounts for tho year ended Charlty no {If any) 21061 Set out on pag98 I report to the trustees on my examinallon of the accounts of the above rity {Ih6 Trusf) for the Jpar anded ResponslbllS1ies and basls ot report AS the charivs trustees. you ar8 res[1bIe for the preparation of the accounts h) accordance with th& r8qulrements of the c11t[ Act 2011 ('the Acr I report in Tespect of my axaminatlon of the Trusvs accounts carried out under s8don 145 of the 2011 Act and In carying out my axaminatlon. I have followed all Ihe applicable Oire¢lions gNen by the Charity Cornmi&8ion und8r sactlon 145(5)(b) of th& Act. Independont fThe charlty'6 gross Income exceedad £250.000 and l am quaUff8d to •xamlnerf8 Statement undertake the examlnation by belng a qu81ified member of tlnsgrt name of applicablè Ilsled bodyjj. Lhl818 [ ] rfnot applica1. I have (y)mpl8led my examination. I confinn Ihat no mateiial matters have come to my attention in connection wth the examination (other than that dlsdosed below.) vthich gives m8 cause to belreve that in. any materlal respert the aco)untlng records *re not kept in aCrdanc wlth Sedlon 130 of the Charities Act: or the accounts dld not accord thè accounllng To¢ords: or the accounts did not compty viith the apFlloble requirements conceming Ihe forn and content of accounts set out In the Charthes (Accounts and Reports} Regutations 21X)8 ottr than any requiremenl that the a(%ounts give a Iwe and fairf view whlth ts not a matter considered as part of an independent examination. I hava no rJ)n¢ems and have come across no other mattèrs in connection with thg examlnatton to whleh attentlon shoukl be dravm In thls report In order to enable a proper understsnding of the acGounts to be reached. the brad(ets rflhey do not ap. Signed: I l 2Q2b Namo: IRfvJ Roy S quallficatlon(s} or body Ecap IER
(if any}: Addre5S: 6A 1 AVA Section B Disclosure Only complete if the examiner needs to highlight material matters ol concern (see CC32. Independent examination of charity accounts= directions and guidance for examiners). Give here brief details of any items that the examinerwishes to di$c105e. IER