Charity Number 218591 TUNSTALL VILLAGE MEMORIAL HALL TRUSfEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
Tunst•ll Willage Memorfal Hall Contents Releren¢e and adrnlnlstratlvè Inforniatlon Trustees, report In¢Jependent examinees report Statement of financièl actItIeS Summary incorne and expendlture i¢¢ount Balance sheet Statementof cash flows io Notes to thellnan¢ial statements 11-16
Twist•ll Vfila¥e Memorlal Hall R•fer•n¢• •nd •dMlnltr•t1 d•talls of th• ¢h•rfty, Its and ad¥ls•rs farthq y•ar •Trd•d 31 M•r¢h 2024 TrnJt••s Mrs P Panton IChaiTI BrachersTwst Corp)ratlon Umknd •rfty ry1gt•r•d numb•r 218591 PrlTrclpal offl Tunstall Vllla¥• M•rnorial Hall Tunstall Sitttn8bourne Kent MEIO IYZ A¢¢•unt•nts XetnJln South East Uml 12 Conqueror Court Slttln8boume Kent ME105BH B•nkofS CAF Bank Ltd 25 Kin8$ Hlll Avenue Kin8s Hill West Malllng Kant ME19 4JQ Lloyds Bank plc 125 Hi8h Street Slttin8bourne Kent ME1048D
Tunst•ll VlllTr fvtsrnorlml Hall Truste report ftsr ih• y•ar end•d 31 March 2024 Thetrustee5 present their annual report and financial statements of the charty for tho y•ar ended 31 Mar¢h 2024. The finanaal ststsments have been prepared in accordance wlth th• accountln8 poll¢l•s set out in note I to the accounts and ¢omply with the charity's trust deed, the Charltl•s A¢t 2011 •nd Attounting and Reportiry by Charitie5'. Ststement of Recommended Practlu applluble to ¢harities preparlng thelr accounts in accOrdanWIth the Flnanaal Reporting Standard applicable In the UK and Republlc ol Ireland published on 16 July2014. Obl•rtfv•$nd 4rt1vftlas forth• publk ben•fft The PLrposes of the Trust are the provlslon of wllage hall facilities pr[mar foi Instltthbns and Indlvlduals of the local comrnunlty. The trustees confirni that they have referred to the Charlty Comrnls51on'5 guidance on PLtbll¢ beneflt when reviewin8 the Trusvs alms and ¢)We¢tlves and In plannlng future activitles. The Trust furthers charitsble purposes for the publlc benefft iry offerln8 Its facllitles to local communlty8roups and indlwdua15 as well as activitles offered commerclalty to the 1o¢al £ornmunity and alms thereby to provlde a wide range of sooal and other artlvltles to the lo¢al mmurlty. Achlw•m•nts •nd pqrform•ncq Us gf th• hall tontlnues to be good, both kdaYS and weekends. We have a new regulw booklng on at least two Sundays every month, plus o couplè of others that book every quarter. We have lost a couple of our Older regular groups, but the ¥a¢ant slots have bn filled by some of the other reg*Jlar groups expandln8 thelr bkIng$. An•D&I rgNI•w The prin¢ipal fund5n8 Sour remalns Income Irom hlrfn8 olthe hall, whlth, because otthe hlgh usage, has Incr•as•d. thOUgh the accounts show a net opÈratln8 deftclt, thls Is after o¥pendlture of over £15,(KK) replac5n8 the maln heatlng systern of the hall and refurblshlng all three tollet facllltles. The hall's finances remaln Stab with s18nlflcant funds set asid• and Investtd to provlde forfuture major rna1ntenèn. lThvestm•nt poll¢y and p•rform•n¢• The constitution authorlses the trustees to make Inve5tment5 usin8 the 8eneral funds of the tharity- Currently, the charlty has Invèsted in Invesco Select Trtst PIC 5harp5. M&G Charifund acoJmulation units and this year added COIF Charities Investment Fund accumulotion units. lookin8 to obtain a prudent mix of best achlevable Investment 5ncome whllst at the sarnè time safe8uard the value of its Investments. Rlsk m•nw•m•nt The prlnclpal rlsk5 faced by the charlty are irÈ the perfomance of its mode# Investment and deposhs portfollo and operatlonal r5sks related to the usage and malntenantr of the hall. The trustees regard the Investments are SUffident derse to spwad the credit risk appropriately and the nature of th• htsldln85 of Invesco Select Trust PIC sharès. M&G Charifund accumulation units and COIF Charities Inv•stmentFund a¢¢umulatlon unltsafeapproprlètetothètwin aimsto balanceincome and safe8uardin8 valu•.
T$1•11 vlli•g• M•morlal Hall Trust&W r•port foi th•ye4r end•d 31 M•rth 2024 The ¢ontlnual review and maintenantè of the conditlon and safety of the hall by the management ¢ommittee, togetherwith 8pproprlat insurantr cover and serJJrity dep)sits from hirers, mltate the owrational rfsks. The ¢harlty1s admlnlsteredwlth the lon8-term alrn of maklng nelther profit nor loss butwithinthe first two decades of Its use the need for rnalor repairs has, understandably, not arisen. This will. however, be an unavoldable ¢oThsequence of the pland usage of the hall and the trustees have rnade a policy ol transferrln8 to the fabrlc fund an annual amount equlvalent to approximatety 20% of hiring income to provide for rnalor refurblshment. repalrs. safety factors etc. In addition. the trustees alm to malntaln free reserves. In general fund, Suffient to meet the costs of the hall for a perlod of 6 months, denlal of use and therefor con51der a figure of £IO.(m to be the min¥mum. The successful operation of the hall slnce It opened In 2LX)2 has resulted In the current sa*islactory reserves po$5tion. The Charfty had a reseryes balance ot £577%312023.' £583,314) atthe year end. Pl•nsfvrth•fvtur• The trustees ensure that the h•ll 15 rnaintained to a hlgh standard, and these projects wlll contlnue on a rolling basis. StrU¢tU p4em•nee •nd mahaym•nt Thetru5t is a registered charlty, nurnber218591 and is const6tut•d underz trust deed dated 6 January 1922. The trust was establlshed by an initial gift from Mr Charles Horwood Sn 1922 as a memorlal to thost of the Parish lost In the Greatwar. UTrJer an Order tsf the Charity Commlsslon sealed 16 December 2(M)3, the admln[strnte provisions of the governlng doujrnent were amended and provide for a minimum of three trusttes and for the appo5ntm¢nt of new trustees by spedal resolutlon of the trustee. Details of the existing trusteès are glven at page 2 above and the trustees rtmaln vl8ilanl in seeking further elloble pottntlèl trustees wlth approprlote 5k1115. knowledge and •xperlene•. The Trustees took adv[ during 2022 an<1 d•clded to repla th2 IndIdUal personal trustees with a corporate trustee to provlde expertlse and sustalnablllty of approprlate Rovernance. Brathers Trust Corporatlon Lirnited was appointed on 23 May 2022.
stallVll•y Memortal H1 Trnst••rf r•port l¢ontlnu•dl forthe y•ar and 31 Marth 2024 Tiiisl••J' r•OnsIbIlItI In r•l•tlon toih•fin•nd•l s•m4Thts The charity trustees a iesp¢nsiblè for preparfng a trustees, annual repDrt and finanLioI staternents In accordance with applltable law and Unlted Klngdom Acc¥)untir¥ Stan&rds (Untted Kin8dom GenernllyAtteptedAco)untin8 Practl¢el.The law apIcableto charltles In England and Wales requlre$ the charty trustee5 to prepare l(nancfjal st8ttménts for each year, whlch glve 8 true and falr VIÈW of thè 5tste of affairs of the tharfty and of th• Incomirq resources and 8ppllcatlon of resourr4 of the thar forthat pedod. In preparfn8 the flnandèl statements. the trusteesare reqLlId to: • select SLHtsble accotIry pollcles and then apY them conslstentlv; observe the methods and prlndplts in the éppllcable Charltles SORP: • rnakeludgements and estlmattsthat are reasonable and prudent.. state whether applicablè èccourttlng standards have been folk)wed, subject to •ny materl•l departures that must bt dlsc105ed and explalned In the flnanclal ststements; • prepare the financlal statements on the golng nCerrn basls unless tt 15 inappropriate to preSe that th• char¢ty wlll eontlnue In buslness. The trustèes are responslble for keepin¥ proper accountlng records that dlxlose wlth reas¢nable a¢cufa¢y at any tlme the flnan¢ial position ol the tharty and to enable them tc+ ensure that the flnandal statements comply wlth the Charfties Act 2011. the app15cable Charft6es IA¢counts and Reports) Rè8ulatlons, and the provisK)ns of theTrust deed. They are also resp¢nslble for safeguardlng the asséts of the charlty and tsking reasonable steps for the preventlon and detectlon of fraud and othèr irre8ularltles. The trustses a re5ponslble for the malntenance and Integrlty of the Charlty and finanaal Informatlon In accordance wtth legislatbn Sn the Unlted Klr8dom govemlngthe preparatlon and dis5emlnatlon of flnandal statements. thrf5toph•r Erfksf0i•9 on b•hallof Br•thqrJTNsl Corporatlon Un•d fffust••l Mr C Erlksson-L•• D#e.' 23 December 2024
Tunst•ll VlllB¥e Memorl•l Hall Ind•p•nd•nt •xBmln•rf5 report forthe ye•r ended 31 M4r¢h 2024 lTrd•p•nd•nt •x•rnln•rfs vyortto theTrustees of Tunstsll Vlllw M•morl•l Hall l ieport to the thaTityTrustee5 on my examlnatlon of the att¢unts of the Chèrltyfor theyear ended 31 March 2024. ResponslNitles Buls of R•port As theTrvstees of the charity land its directors for the purposes of company lawl you are responsible forthe preparallon of the accounts in accordance with the requirements of the Companies Act 2Ct Iyhe 26 Act'l. Havlw satlsfled myself that the accounts of the charlty are not requlred to be audlted under Part 16 of thp 2C(6 Act and are eligible for Independent examlnatlon, I report In respert of my examlnatlon of the tharlty'5 accounts carried out under sectlon 145 of the Charltles Act 2gii lhe 2011 Act'l. In c?rryinK out my examination I have followed the Dlrectlons glven by the Charlty Commisslon vnder sectlon 14515llb) of the 2011 Act. lfid•p•nd•nt Ex•m1ns•nt Your attentbn 1$ drawn to thE fact that the Charlty has prepared the accounts in accordance with Accountlng and Reporting by Charitle5'. Statement ol Recommended Practice applicable to charlties preparln8 thelr ac¢ounts In accordance wlth the Financial Reportin8 Standard applicable In the UK and Republ1¢ Ireland IFRS 1021 In preference to the Ac£ounting and Reporting by Charitle5'. Statement of Recommended Practlcelssued on l A12(15 which is referred to in the extent regulatlons but has been wlthdrawn. I have complrted my examlnatlon. I conflrrn that no matter5 have come to my attentlon In connectlon wlth the examination 8lvln8 me cause to belSeve'. accounting Tecords were not kept In r•spe¢t of the charlty as required by s•ction 386 of th• 2C¥)6 Act,. or 2. the accounts do rK)t accord wlth thos• r•¢crds,' or 3. the accounts do rK)t comply wlth the accountln8 r•qulr•m•nt$ of sedion 396 of th 216 Art other than any requiTement that the actounts • 'trw and fairf vi•w whlth Is not a matter considered as part of an independent ex&mlnatlon,' or 4. the accounts have not been prepared In attordance wlth th• m•thods •nd prIncIeS of the Statement ol Recommended Practlce for accountlng and rporting by charftles lappllcable to charitie5 preparing their ar£ounts in accordance wlth the Flnan¢l•l Rportlng Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no CoemS and have come acmss no other matters in connection with the exarnination to which attention shovld be drawn In thls report in order to enable a proper understand¥n8 of the ccounts to be reached.
Tunstall M•morlal Hall Ind•p•hd•ht •M•miMrf$ r•port forth• y••r•nded 31 Morth 2024 knd•p•nd•nt •X4Thin•rfs l•POrt to th• Trust••sof Tunsiall Vlll•y Memgrlal Hall This report is made solely to the charity'5 Trustees. as a bDdyi in accordance wlth Part 4 of the Charities (Accounts and Reports) Regulations 2LJ)8. Mywork has been undertaken so that I mlght state to tke thary'sTnjStees thtsse matters l am requlred to state to thern In an Independent E¥amlner'5 REPOrt and for no Dther purpDse. To the fulles1 extent p¢rmlited by law, I do notaccept or a55ume re5PDn51bllltylo anyo other than the tharlty and the ¢harlVsTrustees as a bo*, for my work or forthls report. Slgned.. Dated.. Flon• HOrd FC4 CTA FMAAT Xelnadln South East Llmlted 12 Conqueror Court Slttln8bourne Kent MEIO 5BH
Tunst•lIVllli M•morlo1 Hall st•t•m•nt of fiRcIal 4cllvttl•s for th*Yr •nd•d 31 M•rth 2024 Unr•rtrlctsd RtrIct9 fund5 funds 2024 Tot•1 2023 Tot•1 Not• Incorn• •nd d0M•trfrOfft.. Doftatlons Charltable artlvities Investments Total 1,238 31,348 774 33,360 28,943 28,943 30,197 30.197 EMP•Ddltur• on: Ralslngfunds Charitable activities Total Net operatlng income/lexpendlturel Net gainslllossesl on investments N•t IrKomellexpendltur•l 1,867 22.889 24.756 40.703 41,550 111,3531 40.703 41550 111,3531 5,621 5,621 14,3311 5.732 5,782 4,273 Reeonclllatlon gf fund%. Total funds brought ft¥rward Tot•1 fundse4rrl•d fon¥•rd IX1,213 184A82 393.101 $93,101 583.314 577583 579.041 583,314 Summary Incom•thnd •xp•nd1•th[CoUTht forth• y•ar •nd•d 31 March 2024 Unr•strfd•d R•strlrt•d fvnds 2024 Totsl 2023 Tot•1 Total Intome Less: Total expendlture 30,197 41.550 30,197 41,550 33.360 24,756 N•t In¢omgll•xpBndltur•l lor th•ywr 111.3531 1113531 8.604 The nthès on pages 11 to 16 form part of these fSnanclal statements
Tunstsll Vllhi• M•morlal H•n B•l•n¢e shMt•s at 31 Mar¢h 2024 228 Fix•d wsots.. Tangible assets Invesknents Not• 393.101 143,072 393,101 117.4SI Totalfixed ctssets 536,173 510,552 Curr•nt assets: Cash at bk and In hand 44.232 44,232 77,393 77,393 Totol ¢unYnt #ss¢ts Creditor5= Amounts falllng due wlthin one y•4r Aletcurrent ussets Total t¥ssets le&¢ currentli¢7bilitie5 Credltors: Amounts fallln8 due after one year T•tsl n•t •s$4ts 12.8231 41A09 577,582 14.6311 72.762 583J14 577,58Z 5B3J14 Th•fvnds Otthe ch•rlty: Restrlcted funds UnrestrlLted fund5 Tot•1 ¢harltyfvnds io io 393,101 184,481 577.582 393,101 190,213 583J14 The finènaal statements were approved by theTru5tee5 ond signed on thelr behalf by= thrlstoph•r Erlss¢TrL•4 bqh•ltof Br•thwsTrnst Corpor•tlon Umtt•d ITrwts•l Mr C ErlkssonwL41 D•t•: 23 December 21Y24 The nt)tes on pages 11 to 16 form part of these Itnandal 3tatments
Tunstan Vlll•8e Memorlal H•ll St•tsm•nt of ¢•$h flts forthe yo•r•nd•d 31 M•r¢h 2024 2024 2025 C•shfloT•M from op•ratl •EtIvIt5. 5h pro¥lded byllus•d Inl operatlni •ttMttey Cash fflows from In¥•slln¢ •rtlTthh5: Dividends and interest Purchase ol invèstments Nèt ush provlded byllus•d lTrl InstIn1CtIlrftIes IU,LVJI 8,901 774 120.rDJi 119.1521 774 Ch•ny In eD5h and •qulval•rts In th• y•ar 133,1611 9.675 C•sh *nd Cash •qulv•lents at th• [nnIry of th• y••r C•Jh and c•sh qqulv•l•nts at th• •nd of th• y•ar 77,393 44.232 67,718 77J93 Roconclllatlon of n¢1 In¢om•ll•xp•ndlturo1 fo nqtc•sh flowfmm 0rItIn1 •¢t11•S 2024 2023 Not• N•t Incom•l{expend5tsr•l hr th• y••r l•$ p•r thq 5t•tement of flnandal artivitiwl Adlustm•ntsfor. lfjainsll105se5 on inve5tment$ DIVIde4$ aTrJ interest Increaselldecreasel in cred N•t ¢ash pr¢>¥ld•d by/[U Ih) op•r•tlni •rtlvhle5 15,7321 4,273 15.621} 18481 4,331 17741 1,071 8.901 14,009 The notes on pages 11 to 16 form part of these fin•nci•l st•tements io
Tunstall Vlllag• M•Tnorl•l H•ll Not•s to th•fin•hci•I stth•nts for th•y••r •nd•d 31 ¥th 2024 l. AttountlnK pollcl•s 1.1 Basls of pr*p&ration of finnncknl stat•m•nts The financlal statements have been prepared und&r the historical cost cx)nvention with iterns refiected at cost or trat)saetlon value unless otherwise statsd in the r@levant notolsl. The financial statements have been prepared In a¢CDrtlance with the Charities 50RP IFRS 1021- Acwunttng and Reportlng by Charlties: Statement of Recommended Practice applicable to charities preparlng thelr accounts in a(toidanre with the Financial Reporting Standard applicable In the UK and RepublK of Ireland IFRS 1021 leffertive October 20191, the Financial Reportlng Standard appIlble Inthe UK and Republic of Ireland IFRS 1021 and the Companies Act 2C(6. Tunstall Vllla£e Memorlal Hall meets the definition of a public benefit entity under FRS 102. 1.2 Funds Strurtum General funds are unrestrlcted funds whlth are available for use at the discrEtion of the Trustees In furtherance of the general obJe¢tlves of the dmrlty and whlch have not been deslgnated for other purposes. Oe51gnated tunds comprlse un¥estrl¢ted funds that have been set aslde by the Trustees lor partlcular purposes. The alm Ind use of each deslKnated fund 15 Set out In thè notes to the financlal statements. The restrlcted funds are those reallsed from the sale of the orlglnal vlllaKE hall donated by Mr Charles Homewood In 1922 together wlth local authorlty and Natlonal Lottery ¥rant5 and donatlons raSsed from the local ¢ommunlty for the ¢onstrurtlon of the n2w hall. Investm•nt income. gains and losses are allocated to the approprlate fund. 1.3 lTrc<>m• r•cOltION All incorne is recognised once the charity has entitlement to the Income. It Is probable that It will be reiVed and the amount of income can be measured rellably. 1.4 Exp•ndltw• r01110 Lfab(Iltle5 are recognlsed as expendlture as soon as there Is a legal tsr constructlve obll8ation commlttlng th• charltyto that expendlture, It Is probable that settlement wlll be requlred and the amount of th• obll8atlon can be measured rellably. All expendlture Is accgunted for on an accruals basls. Ail expenses Indudln8 SUPPOrt Costs and governance costs are allgcated or apportioned to the appll¢abl• •xp•ndlture headin85. Support costs have been allocated between governance costs and other 5UPPOrt costs. Governance costs Comprise all ¢o$ts involving the public accountabillty of the charlty and Its compllance with regulation and 8ood praLtice. These costs Indude cost5 related to siatutory audlt, InspeLtion and legal fees together with an opportionrnent of overhead and support costs.The allocatiDn of 5UPPOrt and ¥overnance costs 15 analysed in note 6. li
Tun5tall Vllla8• M•morfal Hall Not•s tDlh• fin•ndd at•rn•ntS forthe y••r •nd•d 31 Marth 2024 1.5 Cojts of rai5iwafunds Expendliure on raising lunds conslst of the cost5 of event5 held by the Hall Management Committee for the purposes of ralslng lunds and 5ervinB Its cornmunlty and users. L6 Tanilble fix•d a95 d•prndatlon The only $18nlll¢ant fixed a55et is the hall itself, whlch Is Included at cost In 2Q)2 and Th)t depreclated. Other equipment is written off over Its xp•¢t useful life. 1.7 Flxed •ss•t In¥•5tm•nts Fixed asset Investrnents are ir¥tially recognlsed at thlr tran5artion value and subsequently measured attheirlairvalue asat thebalancesheet dat• usin8theclosin8 quoted market prlce. The statement of financial activities indudes the n•t 84ln5 and losse5 arlsln8 on revaluatSon and dlsposalsthrou8hout theyear.TheTrustdoesnot a¢quire put option5. derlyafvesorother complex flnanual instruments. The main form of flnan¢ial risk la by the charlty 15 that of volatility in equity markets and investrnent markets due to wlder etonomlt tondltlons. th• attitude of investors to investrnent risk, and changes in sentlment ¢on¢ernln8 •qultl•s Ind within particular sectors or sub sectors. Realised Ins and losses All gairts and losses are taken to the Ststernent of Financial ActtIeS as they ¥lse. Reallsèd 8ains losses on Investments are calculated as the diff2rence between sales proceeds and their opening carrylng value Or their purthase value il acquired subsequent to the flrst day of the financi81 year. UnalISed gains and 105ses are calculated as the dlfference between the fair value at the year-end and their carrying value. Realised and unreallsed Investment gains and losses are comblned In the Statement of Financial ACtIties. L8 Rdatgd mytr•n5•CtloTrsand Trust••s' •Jtpenses •nd Mmun•rntion TheTrustee5glve freelytheirtlme and expertlse astrusteeswtthoutany form of remuneration or other bEnetit In cash or kind. 1.9 Valu•Add#d Tax Value AddedTax15 not recoverable by the charlty and as suth Is Included In the relevant costs In the Statement of IlnancL41 acttvities. 2. In¢¢rn• from don•tlons and Iyf•s 2023 Gifts HMRC Grft Aid 433 12
Tunstall VillDg• Mernorlal H411 Not•s to the fkn•ncl•l statemantsfor tho y••r •nd•d 31 M•r¢h 2024 3. Incom•from donatlons and l•gmcies 2024 2023 Gifts HMRC Glft Ald 433 1.238 In¢omefrom ¢lwritdbl• ortlvltl•s 2024 2023 Proceeds of Hall Committee events Hall hlre char8e5 1.411 27,532 2.565 28,783 31,348 5. Inwslm•nt In¢om• 2023 Invesco Income Growth shares dlvidends Bank 5nterest 735 113 774 774 6. Fundr•lslng •xpendltur• 2024 Costs of Hall Commltteè Èvènts I,Z67 13
TunstsllWll•i• M•morl•l Hall Note5 to t1 lkninclal 5t•trtmontstor th• yaar endqd 31 M•rth 2024 7. Analy$ of ehwltsbl• •xp•ndftuM Hall Gov•rnant• Total Total 2024 2023 Cleanlng ènd ¢leanln8 materials Hall openln8 & d05tng Caretaklng and grounds malntenan Repairs Grantfunded Èxpendlture Electrlc Insurance Water and $ewaqe Subscrlptlons Olte ExpÈn$es Independent examlners feé Profe$5ionalfees Bank char8e5 PoppyAppeal Donatlon Total 3,473 3,473 5,145 335 3,217 5,289 4,269 17,339 4,269 17.339 5.085 1.461 660 459 239 1.2CO 5.407 61 50 40.703 1.506 1.369 756 139 319 1.140 3.570 74 30 2U89 1.461 660 459 239 1.2 5.407 61 50 34m6 During the year. noTru5tee received ary Eenefits in kind12023- £NILI. 8. Tfjnbh Ilx•d ass•ts The d)arlty's onlyflxed a55et Is the treehold propertyshown at cost in 2CD2. £393.101 and depre¢latlon15 not provlded. For Insurance purposes the valuation of the buildlng and contents Is Inflated annu411y by referencE to bulldlng c05t5 Index and at the renewal in September2023, wè5 £IK64.705. 9. Fl¥•d ••t Inv•M91•ts 2024 2023 Mov•m•nts lth flx•d ass•t In¥•stm•rt5 Mark•t valu• brou8ht lorward at l April 2023 Add.. additsons to Investments at cost Net (Ioss118ain on revaluation Market value at 31 March 2024 117,451 20,C 5,621 143.on 121,782 14,3311 117,451 Inv•stm•nts •tfalr v•lu• ¢omprls•d., Invesco Selecl Trust PIC shares Charlfund A¢¢umulation Units COIF Charltl•s InvÈstm*nt Fund Accumulation UnS 15,392 106,550 21.130 i43 15,293 102.158 117,451 14
Tvnstall VIlla Memorhl H411 Notesto thefln•n¢l•l sl•t•m•nts for th• y•ar •nd•d 31 Marth 2024 10. Cr•dltors: Amoyrrts f•111 du• wllhln on• y••r 2024 2023 Hlrers, rent deposlts Hlrers, security deposlts A¢¢ountanfs Inspertlon fee Other trtdltors 1243 2.416 1200 80 2J23 1,140 175 4.631 11. Analy$ of ¢harltable fund5 Balan¢•s at In¢omihi R•50urc•s Trnnsf•rs B•lIn$ al l Aprfl r•sourc•s •xpond•d 31 Mar¢h 2025 General fund Desl8nated fund Unrestricted funds Restrl¢ted fund Totsl funds 106,213 35,818 41,5SO 14,CO)I 4,OJO ,481 s8,7 184.481 393,101 577.582 19).213 393,101 583314 35.818 41.550 35,818 4150 The general fund Is the free rtstrvts aftèr allonIfor designated fund5. The deslgnated fund the Fabrlc fund to provlde for future major refurbL%hment work5. The restrl¢ted funds are those reallsed from the sale of the original vlllage hall donated by Mr Charles Homewtstsd In 1922 together wlth local authorlty and Nat5onal Lottery grants and don•tion$ raiséd from the local cornmunlty for the constructlon of the new hall. 15
Tunstallvllhp M•rnorl•l Hall Not•s to th• 15nantl•l stat•m•ntsfor th• ygarondad 31 Mar¢h 2024 12. An•lysls of n• 4u•ts betw••n fuh Amlysb of n•1 •5s•ts bet¥M•n funds- ¢urr•nt pqrlod Unrestrltt•d funds R•strfct4d funds 2024 Total Fixe<l assets Freehold property Investments 393,101 393,101 143,072 536.173 143 072 143,072 393 101 Current assets Cash at bank 44.232 44232 Le5s'. creditors Ntt current assets 2,823 72.762 Totsl net asset5 184.481 393AOI 577,582 An•lysli of n•t ists betwe•n fvnd5-prlor perfod Unr•sttirt•d funds R•strld•d hjnds 2023 Tot Fixed assets Freehold property Investments 393.101 393,101 117,451 510,552 117,451 117.451 393.101 Current assets Cash at bank 77,393 77,393 Less.. credltors Net current a$sets 4,631 72,762 4,631 72,762 Total net ass•ts 190213 393.101 $83J14 13. R•l•tsd p•rtytrnnsmdlons A total of£271l23.. £7171 was pald out to Trustees in the year. The breakd¢wn15 as follows.. Pauline Panton re¢elved a MErsement of £27112023.. £7171 from expense Clalms related to hall events. 16