THE AZELIA HALL CHARITY ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025
Charity No. 214872
## THE AZELIA HALL CHARITY
CONTENTS
||Pages|
|---|---|
|Reference and Administrative Information|1|
|Report of the Trustees|2 - 5|
|Independent Examiner’s Report|6|
|Statement of Financial Activities|7|
|Balance Sheet|8|
|Notes to the Financial Statements|9 - 15|
THE AZELIA HALL CHARITY
## REFERENCE AND ADMINISTRATIVE INFORMATION
|REGISTERED NAME:|The Azelia Hall Charity|
|---|---|
|CHARITY REGISTRATION NUMBER:|214872|
|TRUSTEES:|Mr N S J Kanaar (Chairman)|
||Mrs D M Belfourd (Treasurer)|
||Mr V Hope|
||Mr P Finch|
||Mr J Young|
||Ms N P C Kelly|
||Ms Z J Walsh (Treasurer)|
|KEY MANAGEMENT PERSONNEL:|Mrs M Spears – Hall Manager|
|PRINCIPAL AND OPERATING ADDRESS:|258 Croydon Road|
||Beckenham|
||Kent|
||BR3 4DA|
|INDEPENDENT EXAMINER:|M Wilkes FCA|
||Azets Audit Services|
||River House|
||1 Maidstone Road|
||Sidcup|
||Kent DA14 5RH|
|BANKERS:|HSBC Bank plc|
|INVESTMENT MANAGER:|CCLA Investment Management Ltd|
||One Angel Lane|
||London|
1
THE AZELIA HALL CHARITY
EC4R 3AB
## REPORT OF THE TRUSTEES
The Trustees of The Azelia Hall Charity are pleased to present their report and the financial statements of The Azelia Hall Charity for the year ended 31 December 2025. The Reference and Administrative Information on page 1 also forms part of this report.
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice.
The Trustees who served during the year and up to the date of signing are listed on page 1.
## OBJECTIVES AND ACTIVITIES
The late Mr. Alfred Parker created the Charity in 1953 to provide and maintain a hall for use by the inhabitants of the former London Borough of Beckenham and the surrounding district (“the area of benefit”) for the benefit particularly persons who are sick, convalescent, disabled or infirm “the Beneficiaries”) with the object of improving their condition of life The objects of the Charity have been expanded by the Scheme dated 13[th] August 2024 (“the 2024 Scheme”) passed by the Charity Commissioners at the request of the Trustees. The Scheme provides that any surplus funds may be applied for the relief of the Beneficiaries with the objects of improving their condition of life. Surplus funds may be applied either generally or individually through the provision of grants, goods or services.
## PUBLIC BENEFIT STATEMENT
The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Charity’s aims and objectives and in planning future activities.
## ACHIEVEMENTS AND PERFORMANCE
The hall continued to be hired a proportion of the time to local charities for the elderly, the sick and for social events. The hall has been well used by the community for children parties and clubs.
## FINANCIAL REVIEW
Total income of £106,684 (2024: £110,840) was received in the year. This includes £61,704 (2024: £61,124) dividends and interest. The charity received a donation of £45 (2024: £1,000).
Expenditure totalled £117,411 (2024:£86,590) this includes £36,425 (2024 Nil) paid out in Grants. The investment value decreased during the year by £ 100,954 (2024: increased £52,237). Total funds decreased over the year by £ 111,681 (2024: increased £76,487).
Total funds carried forward of £ 2,142,590 compared with £2,254,271 at 31 December 2024. This includes general funds of £ 143,495 (2024: £94,222) and designated funds of £1,977,660 (2024: £2,138,614).
The designated funds are set out in note 9 of the accounts and include the value of the investment portfolio which generates income for the charity.
The Charity has a small permanent endowment but apart from the limited sums raised from lettings its investments provide its main source of income. It was the founder’s intention that the capital be invested to bring in sufficient funds to ensure the long-term future of the hall that he endowed in memory of his wife Azelia. The
2
THE AZELIA HALL CHARITY
Trustees continue to provide the facilities unhampered by financial restraints. In the Trustees’ opinion the market value of the Hall is considerably in excess of historic cost.
## REPORT OF THE TRUSTEES
_________________________________________________________________________________
## Reserves policy
The Trustees consider it essential to maintain reserves sufficient to provide, in an ever-changing economic environment, adequate income to ensure the Charity's continuing activities, and to provide the resources necessary to maintain and improve the Azelia Hall.
The Trustees consider the general funds of the Charity to be adequate to generate sufficient returns to maintain the Charity’s activities. The trustees maintain readily available funds in deposit accounts to meet all and any anticipated expenditure As is seen by these accounts attached there has been notable expenditure on repairs and renewals. The Trustees feel the hall is in good condition and there is no longer a need for a designated repair fund..
Major repair work of £22,620 (2024:£16,908) was carried out during the year. No estimates have been received at this time for any further work. The Trustees have also designated the investments funds as designated funds, £ 1,977,660 (2024: £2,078,614) (see note 9).
Investment policy and performance
The Trustees may invest surplus funds in any investment they consider appropriate. To this end the Trustees have invested surplus funds in COIF Investment Funds as they consider the flexibility and returns of this investment suitable for the Charity. The COIF investment is split between two funds with different asset allocations.
These investments will continue to fund current and future activities of the Charity, and to provide resources to ensure that a hall is available for use by the inhabitants of the former Borough of Beckenham for the foreseeable future.
The Trustees receive market updates monthly and valuations (including income projections) quarterly.
## Risk
The Trustees have examined the principal areas of the Charity's operations and considered what major risks may arise in each of these areas. In the opinion of the Trustees the Charity has established resources and systems which, under normal conditions, should allow the risks identified by the Trustees to be mitigated to an acceptable level in its day-to-day operations.
## GOING CONCERN REVIEW
Based on the above the Trustees consider the Charity to be a thriving asset to the community for both charity use and good causes and consider the hall a going concern for the foreseeable future
## REPORT OF THE TRUSTEES
________________________________________________________________________________
## FUTURE PLANS
The Trustees. have carefully considered the 2024 Scheme and embarked upon initial consideration of grant application and proceed cautiously. Applications are considered and analysed with some being rejected as not
3
THE AZELIA HALL CHARITY
compliant with the 2024 Scheme and some the subject of mutual discussion. Fourteen grants have been made in a total sum of £36,425 (note 11).
The Trustees have during 2025 completed the garden and major repairs of the hall as previously planned. However, problems can always arise, and the trustees believe they have enough general funds to meet this eventuality.
The Trustees will endeavour to have the hall used by as many charities as possible and will continue to develop the grants scheme throughout the coming years.
## STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charity is governed by the Scheme of the Charity Commissioners dated 30 March 1998 as amended by the 2024 Scheme. The Trustees who served during the period and up to the date of signing this report are listed on page 1.
The existing Trustees select new Trustees on the basis of their knowledge and expertise, taking into account the knowledge and experience they can bring to The Azelia Hall Charity and their willingness to give time to the Charity.
The current Trustees include a former solicitor, a retired logistics programmer, a retired trade union official and a retired finance manager of a national Charity. Under the Scheme 2024, Trustees are appointed for life.
The day to day running of the hall is delegated to the Hall Manager who reports to the Chairman. In addition to face-to-face meetings report is by phone and email. The Hall Manager has sole responsibility for the letting of the hall on a commercial basis when it is not used by charities and clubs. This brings in income that is used to pay towards the salary of the Manager and in part covers the day-to-day expenses.
## STATEMENT OF TRUSTEES’ RESPONSIBILITIES
The Trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources of the Charity for that period. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently. observe the methods and principles in
the Charities SORP 2015 (FRS 102); make judgments and estimates that are reasonable and prudent.
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements.
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue to operate.
## REPORT OF THE TRUSTEES
________________________________________________________________________________
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations and the provisions of the Scheme of Arrangement. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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THE AZELIA HALL CHARITY
This Report was approved by the Board of Trustees and signed on their
behalf by: Nick Kanaar Chairman
Date: 31.03.2026
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THE AZELIA HALL CHARITY
## INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES
I report to the Trustees on my examination of the financial statements of The Azelia Hall Charity for the year ended 31 December 2025 as set out on pages 7 to 15.
Respective responsibilities of Trustees and Examiner
As the Charity’s Trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or
2. the accounts do not accord with those records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
M Wilkes FCA Azets Audit Services River House 1 Maidstone Road Sidcup Kent DA14 5RH
Date : 13 April 2026
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THE AZELIA HALL CHARITY
STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2025
|Notes
INCOME FROM:
Hire of Hall
Hire of meeting rooms
Contribution to heating costs
CCLA Dividends
CCLA Interest
HSBC Interest
Donation
TOTAL INCOME
EXPENDITURE ON:
Charitable activities:
2
TOTAL EXPENDITURE
NET SURPLUS BEFORE
ADJUSTMENT FOR INVESTMENTS
Net unrealised (loss) gain on investments in the year
6
NET MOVEMENT IN FUNDS
TOTAL FUNDS BROUGHT FORWARD
TOTAL FUNDS CARRIED FORWARD||Unrestricted funds
Total
2025
Total
2024
£
£
32,544
35,837
4,255
3,920
8,136
8,959
57,863
55,795
2,856
4,731
985
598
45
1,000
____________
____________
106,684
110,840
117,411
86,590
117,411
86,590
(10,727)
24,250
(100,954)
52,237
(111,681)
76,487
2,254,271
2,177,784
2,142,590
2,254,271|Unrestricted funds
Total
2025
Total
2024
£
£
32,544
35,837
4,255
3,920
8,136
8,959
57,863
55,795
2,856
4,731
985
598
45
1,000
____________
____________
106,684
110,840
117,411
86,590
117,411
86,590
(10,727)
24,250
(100,954)
52,237
(111,681)
76,487
2,254,271
2,177,784
2,142,590
2,254,271|
|---|---|---|---|
||||86,590|
||||86,590|
||||24,250
52,237|
||||76,487
2,177,784|
||||
2,254,271|
All income and expenditure derive from continuing activities.
All income and expenditure in 2025 and 2024 related to unrestricted transactions.
7
THE AZELIA HALL CHARITY
The notes on pages 9 to 15 form part of these financial statements.
BALANCE SHEET YEAR ENDED 31 DECEMBER 2025
|Notes
FIXED ASSETS
Tangible assets
5
Investments
6
CURRENT ASSETS
Debtors
7
Short term deposits - CCLA
Cash at bank and at hand
CURRENT LIABILITIES
Creditors: amounts falling due within one year
8
NET CURRENT ASSETS
NET ASSETS
FUNDS OF THE CHARITY
Endowment funds
Permanent Endowment
9
Unrestricted Funds
General fund
9
Designated funds
9|Total
Funds
2025
£
21,435
1,977,660
1,999,095
-
80,332
71,462
8,299
2,142,590
21,435
143,495
1,977,660
~~151,79~~
4
~~143,49~~
5||Total
Funds
2024
£
21,435
2,078,614
2,100,049
6,515
80,332
78,375
11,000
2,254,271
21,435
94,222
2,138,614
~~165,22~~
2
~~154,22~~
2|
|---|---|---|---|
|||||
|||||
|||||
|||||
8
THE AZELIA HALL CHARITY
TOTAL CHARITY 1 ~~2,142,52,254,~~ FUNDS 1 90 271
The financial statements were approved and authorised for issue by the signed on their Trustees on 31.03.2026 and
behalf by: Nick ChairmKanaar , an
The notes on pages 9 to 15 form part of these financial statements. NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025
## 1. ACCOUNTING POLICIES
- a) General information and basis of preparation
The Azelia Hall Charity is governed by a Scheme of the Charity Commissioners dated 30 March 1998 as amended by the Scheme dated 13 August 2024.The nature of its operations is described in the Report of the Trustees.
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice.
The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the charity.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated
9
THE AZELIA HALL CHARITY
- b) Income
Income is recognised when the criteria of entitlement and measurement have been met, and it is probable (more likely than not) that the income will be received. Hire of Hall relates to income received from completed bookings in the year. Deposits received for future Hall hire are deferred. Dividends and bank interest are recognised during the year in which they are received.
No amount is included in the Financial Statements for volunteers’ time in line with the SORP (FRS 102).
- c) Expenditure
All expenditure is accounted for on the accruals basis and has been classified under headings that aggregate all costs related to the category.
Expenditure on repairs and maintenance is charged as expenditure in the year in which the work is carried out. Expenditure on furniture is capitalised when it meets the definition of a tangible fixed assets, and it is over the capitalisation threshold of £500.
Governance costs are those associated with compliance with constitutional and statutory requirements, and are allocated, along with other support costs, to charitable expenditure. The Charity incurs no fundraising costs.
The CCLA investment management service is run for churches and charities and no annual fee is payable.
NOTES TO THE FINANCIAL STATEMENTS (Continued) YEAR ENDED 31 DECEMBER 2025
- d) Irrecoverable VAT The charity is not VAT registered, and all VAT is irrecoverable. VAT is included in the costs to which it relates.
- e) Tangible fixed assets
- Expenditure of less than £5,000 per individual item is written off to the Statement of Financial Activities in year of purchase. Expenditure of over £5,000 is capitalised and written off over its useful life.
Freehold property comprises the Hall and surrounding land and is stated at the 1953 cost of £21,435. The balance sheet value of £21,435 as at 31 December 2025 is not considered by the Trustees to be impaired due to ongoing maintenance and upkeep during the year. Depreciation is not charged. No value has been attributed to the land.
- f) Investments
- Investments included in fixed assets are stated at fair value at the year-end which is determined by reference to the midmarket value at the balance sheet date. Any change from the previous year is included in the Statement of Financial Activities prior to arriving at net income/net movement in funds for the year.
- g) Debtors receivable/ creditors payable due within one year Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.
- h) Funds structure
10
THE AZELIA HALL CHARITY
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other
purposes.
Designated funds comprise unrestricted funds which have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Endowment funds represent those assets which must be held permanently by the charity and comprise the freehold property (the Hall).
- i) Taxation The charity is able to take advantage of applicable charity tax exemptions on income applied for charitable purposes.
- j) Going Concern The financial statements have been prepared on a going concern basis as the Trustees believe that no material uncertainties exist. The Trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.
- k) Financial Instruments
- The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
NOTES TO THE FINANCIAL STATEMENTS (Continued) YEAR ENDED 31 DECEMBER 2025
- l) Employee benefits
- When employees have rendered service to the charity, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.
- m) Judgements and key sources of estimation uncertainty
- There are no material judgements or key sources of estimation uncertainty that are considered to have a significant risk of causing a material adjustment to the carrying amounts of the assets and liabilities in this financial year, or within the next financial year.
2. TOTAL EXPENDITURE
Grants paid (Note 3)
2025 2024 £ £ 36,425 -
Maintenance and upkeep of the Hall:
11
THE AZELIA HALL CHARITY
|Major repairs|22,620|16,908
16,464
33,372
4,194
3,623
8,940
1,729
1,468
118
743
17,511
6,500
2,842
1,020
-
420
-
2,850
1,200
60
~~4~~
9
~~,108~~
~~4,110~~
~~8~~
6
~~,590~~|
|---|---|---|
|General repairs
Maintenance of premises and equipment:
Rates and Council Tax
Insurance
Heat and light
Cleaning Materials and laundry
Postage, telephone and stationery
Sundries
Performing Rights Society, Music licence
Staff and Pension
Hall Manager Help
Cleaning costs
Computer costs
Defibrillator
Legal costs
Gardening
Governance costs:
Independent Examination: current year
Ex gratia payment - Treasurer
Bank charges
Total charitable expenditure|5,178
27,798
5,620
3,940
6,914
2,075
1,362
18
800
16,979
3,922
2,947
361
1,754
-
2,538
2,718
1,200
40
~~4~~
9
~~,230~~
~~3,958~~
~~117,41~~
1||
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THE AZELIA HALL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2025
## 3. GRANTS PAYABLE
The Hall awards 14 grants to individual charities totalling £36,425 in the course of the financial year as follows:
|The Hall awards 14 grants to individual charities totalling £36,425 in the course of the financial year as
follows:|The Hall awards 14 grants to individual charities totalling £36,425 in the course of the financial year as
follows:|The Hall awards 14 grants to individual charities totalling £36,425 in the course of the financial year as
follows:|
|---|---|---|
|2025
2024
£
£
Bromley District Talking News 1,000 - The Chartwell Children's Cancer Trust 5,000 - The Orpington
& Bromley Gateway Club 5,000 -
Bromley Parent Voice
1,450 - Penge Lunch Club 1,000 - Bromley Woodcraft Folk
2,000
-
Bromley Homeless Charity 1,000 - Bromley Relief in Need 2,500 - Bromley & Croydon Women’s
Aid 2,500 - Kent Association for the Blind (KAB) 1,600 -
Pineapple Club
3,375
-
Dream Catcher Travel Foundation 5,000 - Living on Bereavement Service 3,000 -
Make 2nds Count
2,000
-
____________
____________
36,425
-
____________
____________
4.
STAFF NUMBERS AND COSTS
2025
2024
The number of employees during the year was:
Full time staff – Hall Manager
1
1
The total staff costs and employee benefits was as follows;
2025
2024
Gross Salaries
16,847
17,225
Pension
132
286
____________
____________
16,979
17,511|||
|||____________
-|
|||____________
2024
1|
|||2024
17,225
286|
|||____________
17,511|
Key management personnel comprise the Hall Manager and Trustees. The remuneration of this group totalled £16,979 (2024: £17,511).
As shown above, there are no members of staff who were paid more than £60,000 a year.
13
## THE AZELIA HALL CHARITY
NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025
|5.
FIXED ASSETS
Freehold Property
Cost at 1 January 2025 and 31 December 2025|£
21,435|£
21,435|
|---|---|---|
The Hall is used for the purpose of the charity and no depreciation is provided (see Note 1 (e)).
|6.|FIXED ASSET INVESTMENTS|FIXED ASSET INVESTMENTS|||||
|---|---|---|---|---|---|---|
|||||2025||2024|
|||||£||£|
||Market value at 1 January|2025||2,078,614||2,026,377|
||Unrealised gain on revaluation|||(100,954)||52,237|
|||||1
,977,6~~6~~|~~2,078,6~~1||
||Historical cost 31 December 2025|||0
~~898,56~~|4|~~898,5~~6|
|||||5||5|
||Market value of investments|comprises:|||||
||COIF Charities Investment Fund||1,785,785|
1,836,510 COIF Global Equity Fund|||
||||191,875|242,104|||
|||||1,977,660||2,078,614|
|7.|DEBTORS
2025|2024|||||
|||||£||£|
||Prepayments and accrued|income||-||6,515|
|||||~~-~~||~~6,515~~|
8. CREDITORS: Amounts falling due within one year 2025 2024
£ £ 775 36 Accruals 7,374 9,374
Hire deposits 150 750 Hire in advance - 840 Other creditors
THE AZELIA HALL CHARITY
~~8,299 1 ,000~~ 1
NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025
## 9. FUNDS
Current year New designations/ Designations Balance released 31 Dec 2025 £ £ - 21,435 60,000 143,495 (60,000) - - 1,977,660 - 2,142,590 New designations/ designations Balance released 31 Dec 2024 £ £ - 21,435 (16,908) 94,222 16,908 60,000 - 2,078,614 - 2,254,271 Net Balance 1 investment Jan 2025 Income Expenditure movement
15
|Permanent
Endowment – Hall
Unrestricted
funds:
General funds
Designated:
Repair fund
Investment fund
Prior year
Permanent
Endowment - Hall
Unrestricted
funds:
General fund
Designated:
Repair fund
Investment fund|£
21,435
94,222
60,000
2,078,614
2,254,271
Balance 1
Jan 2024
£
21,435
69,972
60,000
2,026,377
2,177,784|£
-
106,684
-
-
106,684
Income
£
110,840
-
-
110,840|£
-
(117,411)
-
-
(117,411)
Expenditure
£
-
(69,682)
(16,908)
-
(86,590)|£
-
-
-
(100,954)|
|---|---|---|---|---|
|||||(100,954)|
|||||
Net
investment
gains
£
-
-
-
52,237|
|||||52,237|
Designated funds
It has been decided that only investment funds be designated now and in the future.
Investment fund – these funds are invested to maximise total return and generate income.
Permanent Endowment Fund
This fund comprises the Hall.
14
THE AZELIA HALL CHARITY
NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025
## 10. RELATED PARTY TRANSACTIONS
No remuneration or expenses were paid to the Trustees in either year. No financial donations were made to the charity by the Trustees in either year.
Following approval by the other members of the Board of Trustees an ex gratia total payment of £ 1,200 (2024: £1,200) was made to the Treasurers (DM Belfourd and ZJ Walsh) as a contribution to the expenses they incurred in acting as Treasurer in the year.
The Hall Manager’s son was contracted during the year as a part time help covering the hall manager’s sick leave, general maintenance, cleaning & gardening work at the hall and received £3,922 (2024: £6,500).
There were no other related party transactions during the year.
## 11. ANALYSIS OF NET ASSETS BY FUND
||Unrestricted|Endowment||
|---|---|---|---|
|Current year|funds|funds|Total|
||£|£|£|
|Fixed assets 1,977,660|21,435 1,999,095 Current assets 151,794 - 151,794|||
||Current liabilities(8,299)-|
(8,299)||
|Total|2,121,155|21,435|2,142,590|
||Unrestricted|Endowment||
|Prior year|funds|funds|Total|
||£|£|£|
|Fixed assets 2,078,614|21,435 2,100,049 Current assets 165,222 - 165,222|||
||Current liabilities (11,000)
-
(11,000)|||
|Total|2,232,836|21,435|2,254,271|