OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-09-30-accounts

WING HALL TRUSTEES REPORT - YEAR ENDED 30 SEPT 2025

Wing Hall continues to be a popular venue for a wide range of events, used by parish residents as well as those from further afield. Hall bookings are usually at, or close to, maximum. Fears that new alternative facilities in the village might draw away regular and one-off users appear have been unfounded.

Both of the Trust's buildings, Wing Hall and the adjacent Charlotte Cottage, are very sound, but built to standards of another time. The traditional materials such as timber and lime mortar give our premises a charm and appeal that is lacking in modern steel and plastics, but they represent a workload that accords with their age..

The Trust's finances also remain sound, with savings and cash reserves that allow a smoothing of the ongoing variations between income and expenditure. The Trustees are aware of the need to balance good reserves against the continuing demands for building repair, maintenance and improvement. Our rolling program of building repair and maintenance ensures that both centuryold buildings remain in good, safe and attractive shape. We continue to invest in energy-saving improvements and enhancements for both buildings. At Charlotte Cottage a substantial amount of hazardous material has been removed and replaced with traditional materials, a project largely enabled by grant funding.

In addition to income from Hall hirings and Library rent, the trustees manage Charlotte Cottage. The building has a mix of residential and office accommodation, where occupancy remains steady, with no significant void periods. The Trustees strive to maintain rents at affordable levels, reflecting our responsibilities as an organisation serving the community. The team has implemented a programme of migrating lettings management from third-party providers to in-house. While additional effort is required,worthwhile cost savings and more efficient and effective working are the outcomes

We are pleased that Thames Valley Police, who maintain an office in the building, have renewed their tenancy. In accordance with their agreement they have undertaken a significant redecoration and refurbish of their premises, for the first time in more than twenty years.

In spite of a heavily discounted rent, our Parish Council has been forced to bow to the pressures of further cost-cutting and has moved from their office space at Charlotte Cottage. We are sorry to lose them, but we have instead secured a new business tenant at an unsubsidised rent.

The Holding Trustees have legal responsibility for safeguarding the charities property and assets. They are Roger Carey, Arthur Jones, and Greg Wakefield. The first two are also, separately, members of the Executive Committee, which also includes Volunteer Trustees Sheila Lambert, David Turner, Ginny Hollas and Sue Nightingale. Our Secretary is Jacqui Wakefield. Our meetings are attended by members of other community bodies, including the Parish Council.

Three paid members of staff look after the daily running of the hall and non-regular bookings, cleaning and routine maintenance, and we retain the services of a social media consultant. . Everyone works hard but happily, and can reflect on a year of genuinely worthwhile achievement.

(Charity Number 212601)

ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 WING HALL TRUST (Charity Number 212601)

RA & DA Thompson 30 High Street Leighton Buzzard Beds LU7 1EA

WING HALL TRUST - Charity Number: 212601

Accounts for the year ended 30 September 2025 Independent Examiner’s Report to the Trustees of Wing Hall Trust

I report to the Trustees on my examination of the accounts of Wing Hall Trust for the year ended 30 September 2025 which are set out on pages 2 to 6.

Respective responsibilities and examiner

The Charity’s Trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011.

The Charity’s Trustees consider that an audit it not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention;

(1) which gives me reasonable cause to believe that in any material respect the requirements;

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

DA Thompson Chartered Accountant

30 High Street Leighton Buzzard Beds LU7 1EA

-1-

WING HALL TRUST (Charity number 212601)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025

INCOMING RESOURCES FROM
GENERATED FUNDS
Income from Charitable Activities
Hall Rents and Lettings
Investment Income
Total Incoming Resources
RESOURCES EXPENSED
Charitable Activities
Hall Expenses
Governance Costs
Total Resources Expended
NET INCOMING/(OUTGOING)
RESOURCES
RECONCILIATION OF FUNDS
Funds brought forward
TOTAL FUNDS CARRIED FORWARD
Notes
2

3
4


2025
£
43,742
43,691
87,433
76,765
3,555
80,320
7,113
859,520
866,633




-2-

WING HALL TRUST (Charity number 212601)

BALANCE SHEET AS AT 30 SEPTEMBER 2025

Note 2025 2024
FIXED ASSETS £ £ £ £
Assets used for charitable
Purposes 6 201,929 209,408
Investment Assets 7 523,736 524,806
725,665 734,214
CURRENT ASSETS
Debtors 8 12,410 7,661
Cash at Bank & In Hand 9 134,490 123,364
146,900 131,025
LIABILITIES
Creditors falling due within
One year 10 5,932 5,719
NET CURRENT ASSETS 140,968 125,306
NET ASSETS 866,633 859,520
THE FUNDS OF THE CHARITY
Unrestricted Income Fund 866,633 859,520
Approved by the Trustees and signed on their behalf
……………………………………. ……………………………………..
Trustee Treasurer

-3-

WING HALL TRUST (Charity number 212601)

NOTES TO THE ACCOUNTS

1. ACCOUNTING POLICIES

The principal accounting policies adopted in the preparation of the Financial Statements are as 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 Practice; Accounting and Reporting by Charities preparing their account in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

(b) Incoming Resources

All incoming resources are accounted for when the Charity becomes entitled to the funds. Where income is received in advance it is deferred until the Charity is entitled to the income.

(c) Outgoing Resources

Expenditure is recognised when a liability is incurred.

(d) Fixed Assets used for Charitable Purposes

Equipment and fixtures are written off in the year of purchase.

Wing Hall is used for furthering the objects of the Wing Hall Trust. The property is inalienable and the value is not shown in the accounts. The insured value of the hall is £3,168,036. (2024 - £3,078,753)

An extension was added to the Hall in 2003 and the cost of £373,946 is being amortised over 50 years.

(e) Investments

Wing Hall Trust owns a freehold property, Charlotte Cottage, which is let and the income is used to further the objects of the Trust.

In November 2021 Simon Wilkinson FNAEA valued the property at £500,000 and the accounts now show the property at this value. The surplus arising from the revaluation was shown in the Statement of Financial Activities.

The Charity holds 1223.68 units in the Charities Official Investment Fund Scheme. These units are shown in the accounts at market value and investment income includes the revaluation surplus or loss arising during the year.

-4-

WING HALL TRUST (Charity number 212601)

NOTES TO THE ACCOUNTS

2.
INVESTMENT INCOME
2025
Charlotte Cottage
Rents

Service Charges

Grant -Bucks CC


Less Fuel & Services
1,863
Insurance
896
Maintenance & Repairs 17,207
Agents Fees
2,055
Professional Fees
-


Surplus/(Loss) on Re-valuation
of Investments

Dividends

Bank Interest


3.
HALL EXPENSES
Cleaning and Caretaker

Services and Fuel

Insurance

Maintenance and Repairs

Clerks and Treasurer’s Fees

Depreciation


4.
GOVERNANCE COSTS
Secretaries Fees

Accountancy Fees

Stationery & Sundry Expenses

Legal Fees

2024
53,611
619
10,110
64,340

1,466

859

15,205

4,386
1,200
22,021
42,319
( 1,070)

688
1,754
43,691
36,358
9,112
3,285
12,491
8,040
7,479
76,765
878
780
1,897
-
3,555
2024 55,039
632
-
55,671
23,116
32,555
2,176
672
1,709
37,112
32,930
6,956
3,336
15,969
8,268
7,479
74,938
597
750
1,106
1,577
4,030

5. TRUSTEES EXPENSES

No expenses were paid to Trustees during the year.

-5-

WING HALL TRUST (Charity number 212601)

NOTES TO THE ACCOUNTS

6. ASSETS USED FOR CHARITABLE PURPOSES

Extension to Wing Hall
Cost
Depreciation b/fwd
Provision for the year
Depreciation c/fwd
Net Book Value c/fwd
7.
INVESTMENT ASSETS

Gross Book value 1.10.2024
Surplus/(Loss) on re-valuation
Gross Book Value 30.9.2025
8.
DEBTORS
Rents and Letting Income due
Electricity Overcharged
9.
CASH AT BANK AND IN HAND
Bank Deposit Account
Current Account
Cash in Hand
10.
CREDITORS
Amounts falling due within one year
Lettings paid in Advance
Creditors & Accruals
Total
2025
373,946
164,538
7,479
172,017
201,929
Freehold Property Investments
£
£
500,000
24,806
- (1,070)
500,000
23,756
2025
£
7,787
4,623
12,410
110,941
8,426
66
119,433


4,294
970
5,264
2025
373,946
164,538
7,479
172,017
201,929
Freehold Property Investments
£
£
500,000
24,806
- (1,070)
500,000
23,756
2025
£
7,787
4,623
12,410
110,941
8,426
66
119,433


4,294
970
5,264
2025
373,946
164,538
7,479
172,017
201,929
Freehold Property Investments
£
£
500,000
24,806
- (1,070)
500,000
23,756
2025
£
7,787
4,623
12,410
110,941
8,426
66
119,433


4,294
970
5,264
2025
373,946
164,538
7,479
172,017
201,929
Freehold Property Investments
£
£
500,000
24,806
- (1,070)
500,000
23,756
2025
£
7,787
4,623
12,410
110,941
8,426
66
119,433


4,294
970
5,264
2024

373,946
157,059
7,479
164,538
209,408
TOTAL
£
524,806
(1,070)
523,736
2024
£
7,661
-
7,661
97,054
8,372
3
105,429
3,900
775
4,675


£
500,000
-
500,000



4,294
970
5,264

-6-

Wing Hall Trust 23.10.25

(Charity Number 212601)

ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 WING HALL TRUST (Charity Number 212601)

RA & DA Thompson 30 High Street Leighton Buzzard Beds LU7 1EA

WING HALL TRUST - Charity Number: 212601

Accounts for the year ended 30 September 2025 Independent Examiner’s Report to the Trustees of Wing Hall Trust

I report to the Trustees on my examination of the accounts of Wing Hall Trust for the year ended 30 September 2025 which are set out on pages 2 to 6.

Respective responsibilities and examiner

The Charity’s Trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011.

The Charity’s Trustees consider that an audit it not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention;

(1) which gives me reasonable cause to believe that in any material respect the requirements;

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

DA Thompson Chartered Accountant

30 High Street Leighton Buzzard Beds LU7 1EA

-1-

WING HALL TRUST (Charity number 212601)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025

INCOMING RESOURCES FROM
GENERATED FUNDS
Income from Charitable Activities
Hall Rents and Lettings
Investment Income
Total Incoming Resources
RESOURCES EXPENSED
Charitable Activities
Hall Expenses
Governance Costs
Total Resources Expended
NET INCOMING/(OUTGOING)
RESOURCES
RECONCILIATION OF FUNDS
Funds brought forward
TOTAL FUNDS CARRIED FORWARD
Notes
2

3
4


2025
£
43,742
43,691
87,433
76,765
3,555
80,320
7,113
859,520
866,633




-2-

WING HALL TRUST (Charity number 212601)

BALANCE SHEET AS AT 30 SEPTEMBER 2025

Note 2025 2024
FIXED ASSETS £ £ £ £
Assets used for charitable
Purposes 6 201,929 209,408
Investment Assets 7 523,736 524,806
725,665 734,214
CURRENT ASSETS
Debtors 8 12,410 7,661
Cash at Bank & In Hand 9 134,490 123,364
146,900 131,025
LIABILITIES
Creditors falling due within
One year 10 5,932 5,719
NET CURRENT ASSETS 140,968 125,306
NET ASSETS 866,633 859,520
THE FUNDS OF THE CHARITY
Unrestricted Income Fund 866,633 859,520
Approved by the Trustees and signed on their behalf
……………………………………. ……………………………………..
Trustee Treasurer

-3-

WING HALL TRUST (Charity number 212601)

NOTES TO THE ACCOUNTS

1. ACCOUNTING POLICIES

The principal accounting policies adopted in the preparation of the Financial Statements are as 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 Practice; Accounting and Reporting by Charities preparing their account in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

(b) Incoming Resources

All incoming resources are accounted for when the Charity becomes entitled to the funds. Where income is received in advance it is deferred until the Charity is entitled to the income.

(c) Outgoing Resources

Expenditure is recognised when a liability is incurred.

(d) Fixed Assets used for Charitable Purposes

Equipment and fixtures are written off in the year of purchase.

Wing Hall is used for furthering the objects of the Wing Hall Trust. The property is inalienable and the value is not shown in the accounts. The insured value of the hall is £3,168,036. (2024 - £3,078,753)

An extension was added to the Hall in 2003 and the cost of £373,946 is being amortised over 50 years.

(e) Investments

Wing Hall Trust owns a freehold property, Charlotte Cottage, which is let and the income is used to further the objects of the Trust.

In November 2021 Simon Wilkinson FNAEA valued the property at £500,000 and the accounts now show the property at this value. The surplus arising from the revaluation was shown in the Statement of Financial Activities.

The Charity holds 1223.68 units in the Charities Official Investment Fund Scheme. These units are shown in the accounts at market value and investment income includes the revaluation surplus or loss arising during the year.

-4-

WING HALL TRUST (Charity number 212601)

NOTES TO THE ACCOUNTS

2.
INVESTMENT INCOME
2025
Charlotte Cottage
Rents

Service Charges

Grant -Bucks CC


Less Fuel & Services
1,863
Insurance
896
Maintenance & Repairs 17,207
Agents Fees
2,055
Professional Fees
-


Surplus/(Loss) on Re-valuation
of Investments

Dividends

Bank Interest


3.
HALL EXPENSES
Cleaning and Caretaker

Services and Fuel

Insurance

Maintenance and Repairs

Clerks and Treasurer’s Fees

Depreciation


4.
GOVERNANCE COSTS
Secretaries Fees

Accountancy Fees

Stationery & Sundry Expenses

Legal Fees

2024
53,611
619
10,110
64,340

1,466

859

15,205

4,386
1,200
22,021
42,319
( 1,070)

688
1,754
43,691
36,358
9,112
3,285
12,491
8,040
7,479
76,765
878
780
1,897
-
3,555
2024 55,039
632
-
55,671
23,116
32,555
2,176
672
1,709
37,112
32,930
6,956
3,336
15,969
8,268
7,479
74,938
597
750
1,106
1,577
4,030

5. TRUSTEES EXPENSES

No expenses were paid to Trustees during the year.

-5-

WING HALL TRUST (Charity number 212601)

NOTES TO THE ACCOUNTS

6. ASSETS USED FOR CHARITABLE PURPOSES

Extension to Wing Hall
Cost
Depreciation b/fwd
Provision for the year
Depreciation c/fwd
Net Book Value c/fwd
7.
INVESTMENT ASSETS

Gross Book value 1.10.2024
Surplus/(Loss) on re-valuation
Gross Book Value 30.9.2025
8.
DEBTORS
Rents and Letting Income due
Electricity Overcharged
9.
CASH AT BANK AND IN HAND
Bank Deposit Account
Current Account
Cash in Hand
10.
CREDITORS
Amounts falling due within one year
Lettings paid in Advance
Creditors & Accruals
Total
2025
373,946
164,538
7,479
172,017
201,929
Freehold Property Investments
£
£
500,000
24,806
- (1,070)
500,000
23,756
2025
£
7,787
4,623
12,410
110,941
8,426
66
119,433


4,294
970
5,264
2025
373,946
164,538
7,479
172,017
201,929
Freehold Property Investments
£
£
500,000
24,806
- (1,070)
500,000
23,756
2025
£
7,787
4,623
12,410
110,941
8,426
66
119,433


4,294
970
5,264
2025
373,946
164,538
7,479
172,017
201,929
Freehold Property Investments
£
£
500,000
24,806
- (1,070)
500,000
23,756
2025
£
7,787
4,623
12,410
110,941
8,426
66
119,433


4,294
970
5,264
2025
373,946
164,538
7,479
172,017
201,929
Freehold Property Investments
£
£
500,000
24,806
- (1,070)
500,000
23,756
2025
£
7,787
4,623
12,410
110,941
8,426
66
119,433


4,294
970
5,264
2024

373,946
157,059
7,479
164,538
209,408
TOTAL
£
524,806
(1,070)
523,736
2024
£
7,661
-
7,661
97,054
8,372
3
105,429
3,900
775
4,675


£
500,000
-
500,000



4,294
970
5,264

-6-

Wing Hall Trust 23.10.25