## **WING HALL TRUSTEES REPORT - YEAR ENDED 30 SEPTEMBER 2021** **The period from November 2020 to April 2021 saw lockdowns of varying severity, and from March 2021 the hall was used as a covid vaccination centre. This involved the cessation of normal activities in the hall to ensure strict compliance with covid regulations. In turn this meant a reduction in rental/hire income for the hall, as the trust did not wish to financially exploit its position as land owner. The use ceased at the beginning of September 2021 during which time about 22,000 people were inoculated. These included people within in radius of more than 10 miles of more of the hall.** **The Hall’s staff and volunteers worked tirelessly to ensure that continued high levels of hygiene were sustained. This reflects the dedication of everyone concerned and was a credit to them.** **The Trusts policy on its reserves remains unchanged** WING ￿ILL TRUST Charih. Number 212601 ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2021 114 & DA Thompson 30 High Street Leighton Buzz8￿ Beds LU7 IEA WING HALL TRUST - Chari Number: 212601 Aecounts for the l'ear ended 30 Se tember 2021 endent Examiner's Re ort to th¢ Trustees of Win Hall Trust Inde I report to the Trustees on my examination of the accounts of Wing Hall Trusi for the year ended 30 September 2021 which are set oul on page5 2 to 6. Respeetive responsibilities and examiner The Charity's Trustees are responsible for the preparaiion of the accounts in accordance wtth the requirements of the Charities Aci 2011. The Charity's Trustees consider ihai an audil it not required for this year (under Section 144{2) of the Charities Aci 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to- Examine the accounts (Under S145 of the 2011 Act). To follow the procedures laid dow) in the General Directions given by ihe Charity Commissioners (under S145{5)6 of the Acl) and: State whether particular matters have come to my altention. Basis of independent examiner'$ report My examination was carried oui in accordance with the General Directions given by the Charily Commissioners. An examination includes a rei'iew of the accounting records kept by the Charity and a comparison of the accounts presented Mith those records. It also includes consideration of any unusual items or disc105ures in the accounts, and seeking explanations from you as trustees conceming anv such matters. The procedures undertaken do not provide all ihe evidence ihat would be required in an audit. and consequentl). I do not express an audit opinion on the view given by the accounts. Independent examiner's Statement In Connection with m). examination. no matter has come to my attention. ( l ) which gives me reasonable cause to klieve that in any material respect the Tequiremenls. To keep accounting records in accordance with S130 of the 201 l Act; and To prepare accounts which accord the accounting records and comply ￿7th the accounting requirement of the 2011 Acl have not been mei or; (2) to which. in my opinion. anention should k drawn in order to enable a proper ers ding of the accounts lo be reached. DA Thompson Chartered Accountanl 30 High Street Leighton Buzzard Beds LU7 IEA II'ING HALL TRLIST Chari ' number 212601 ST.4TEMEN'T OF FIJ'.4JCI.4L Acfii'iTIES FOR THE YEAR ENDED 30 SEPTE.%IBER 2021 Notes 2021 2020 IIYCOMIING RESOURCES FROM GENERATED FUNDS Income from Charitable Activities Hall Rents and Lenings Coronavirus Grants Sundr), Receipts 21.806 19,099 29,276 10,000 50 39,326 40,905 42.644 Investment Income Total Incomin Resources RESOURCES EXPENSED Charitable Activities Hall Expenses 66.461 60.517 GoN'ernance Costs Total Resources Ex ended ET INCOMINGI RESOIIRCES OUTGOING 14,625 8,938 RECONCILIATION OF FULNDS Funds brought fon¥ard 667 438 658 500 TOTAL FUNDS CARRIED FORWARD 682 667 438 WING HALL TRUST Charitt. number 212601 BALA.YCE SHEET AS AT 30 SEPTEMBER 2021 Note 2021 2020 FIXED ASSETS Assets used for charitsbl¢ Purposes Investmeni Assets 2J1.845 36i.874 597,719 239,324 363 195 602.519 CURRENT ASSETS Debtors Cash at Bank & In Hand 7,269 90.380 7,471 97.649 71.766 LIABILITIES Creditors falling due within One }'ear 13 6.847 NET CURRENT ASSETS NET ASSETS 682 063 667 438 THE FUNDS OF THE CHAIUTY Unrestricted Income Fund 682 063 667.438 Approved b the Trustees and signed on their behalf Trustee Treasurer WING HALL TRUST Cbaritv number 212601 NOTES TO THE ACCOLINTS ACCOUNTING POLICIES The principal accouniing policies adopled in the preparation of the FinanciaI Statements are &s follows: {a) The financial statements have been prepared under the Historical Cost Convention with item recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Praciice: Accounting and Reporting by Charities preparing their account in accordance w'iih the Financial Reporting Sthndard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 JulN' 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Chartties Act 2011. (b) Intoming Resour¢es All incoming resources are accounted for when the Charii>' becomes enlitled to the funds. Where income is received in advance it is deferred until the Charity is entitled to the income. (e) Outgoing Resources Expenditure is recognised when a liability is incurred. (d) Fixed Assets Used for Charitable Purposes Equipmeni and fixlures are ￿ntIen off in the )'ear of purchase. Wing Hall is used for furthering ihe objecis of the Wing Hall Trust. The propertv is inalienable and the value is not 5hoMn in the accounts. The insured value of the hall is £2,219,769. An extension was added to the Hall in 2003 and the cost of £373,946 is being amortised over 50 }'eaTS. (e) InN'estments i'ing Hall Trust omns a freehold propert! _ Charloiie Collage ￿,hICh is let and the income is used to further ihe objects of ihe Trusi. The propert). was valued in 1997 at £150,000 and an extension w'as added in 2000 and fi￿her improvemenls were made in 2014. The propert}" is show) in the accounts ai the 1997 value plus the Costs of this extenslon and improvements to date. The insured value of the propert>. is £722.953. The Charity holds 122J.68 Unit Charities Official Investment Fund Scheme. In these accounts the units are shown at markei value and income includes the re-valuation surplus arising during the year. WING HALL TRL:ST Chari . Dumber 212601 NOTES TO THE ACCOU.NTS INVESTMENT INCOME Charlotte Coiiage Rents Service Charges 2021 2020 51,i55 558 51,913 46,491 501 47,052 Less Rates Fuel & Services Insurance Maintenance & Repairs Agenls Fees loo 520 542 12,099 679 873 7.114 Surplus on Re-valuation of Inv¢stments Dividends Bank Interest i9,317 2.679 641 30,524 678 628 68 42.644 HALL EXPENSES Cleaning and Caretaker Services and Fuel Insurance Maintenance and Repairs Clerks and Treasurer's Fees Depreciation 16,120 7,033 2,914 18,5i5 8,436 6.069 2.764 21,072 7.479 GOVERNANCE COSTS Secretaries Fees Aceountanc}' Fees Stationery & Sundry Expenses 699 690 621 660 488 TRUSTEES EXPENSES No expenses H'ere paid io Tru51ees during the )'ear. WING HALL TRUST Cbariti. number 212601 OTES TO THE ACCOUNTS ASSETS USED FOR CHARITABLE PURPOSES 2021 2020 Extension to Wing Hall C051 373 946 373 946 Depreciation b/fi¥d Provision for the year Depreciation c/fwd 134.622 127,143 142.101 134622 Nei Book Value c/fwd 231845 239 324 INVESTMEwf ASSETS Freehold Pro In%'estments TOTAL Gross Book N'alue 1.10.2020 Surplus on re-valuation GTOSS Book Value 30.9.2021 342.130 21.065 2.679 23.744 363.195 342 130 36) 874 DEBTORS 2021. 2020 Rents and Letting Income due Prepa}ment 6.945 7.471 CASH AT BANK AND IN HAND Bank Deposit Account Curren( Account Cash in Hand 77.814 12.519 47 54,608 9,687 io. CREDITORS Amounts falling due within one year Leitings paid in Advance Creditors & Accruals 6.128 5,227 Total 305 Win8 H￿1 30.(￿.21