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2024-08-31-accounts

Gleaston Recreaton Ground and Village Hall

Aim & Purpose

The Gleaston Recreation Ground and Village Hall is responsible for the maintenance of the village hall and recreation ground for the benefit of inhabitants of the village, without distinction of political, religious or other beliefs.

Objectves and Actvites

The Trustees are committed to deliver a safe and inclusive community facility that caters for all age groups within the confines of Gleaston village and the immediate surrounding area.

Central to this is ensuring that the recreation ground and associated playground and village hall are maintained to an appropriate standard and that events are organised to support the interests of the village.

Overview and Performance

The Trustees have embarked on an ambitious plan to refurbish the village hall and playground across financial years 2024 and 2025. This programme is designed to ensure that the playground remains an attractive leisure activity for all in the village, with targeted investment in equipment to meet the needs of all age groups, including provision of equipment to promote adult health. Refurbishment of the village hall has focused around reducing the environmental impact of the hall and ensure that recent increases in electricity prices are mitigated to the greatest extent possible via the installation of a solar PV system.

During the year a number of events have been organised both in the village hall and the recreation ground, with particular highlights including the summer ball and live theatre.

Hall utilisation has remained good across the year, with a range of groups utilising the village hall for regular meetings. In addition, the hall has been used to provide a warm community facility over the winter months in recognition of the recent high utility prices impacting on the financial position of many in society.

Financial Positon & Performance

This report provides a summary of the financial position of the Gleaston Green and Village Hall Committee for the 12-month period ending 31[st] August 2024.

Income

Total income raised during the period stood at £44,886 (2023 £10,400) reflecting considerable success in securing grant funding to invest in Solar PV and battery storage and a one-off gift associated with the winding up of a local village trust.

Key highlights from the year include:

Expenditure

During the year the running costs of the hall included:

£2,669 electricity charges – the village has seen significant increases in the cost of electricity during the past two years in line with increases in the wholesale market. The installation of solar panels and battery storage (fully grant funded) will positively impact on future electricity bills and reduce our environmental impact.

£540 - Water & sewerage

£804 – insurance for village hall and public liability insurance

£380 – broadband services

£350 – village website hosting

Maintenance charges for the playground and green totalled £2,265, comprising mowing equipment maintenance, fuel costs and playground fence and equipment repairs.

The other major item of investment during the year has been the refurbishment and equipping of the former village telephone box with a defibrillator. Costs during the year totalled £3,126 and this should be commissioned shortly.

Gleaston Green & Village Hall Committee Gleaston Green & Village Hall Committee Gleaston Green & Village Hall Committee Gleaston Green & Village Hall Committee Gleaston Green & Village Hall Committee 224756 224756 CC16a
Receipts andpayments accounts
For the period
from
01/09/2023 To 31/08/2024
Section A Receipts and payments
Unrestricted
funds
Restricted
funds
Endowment
funds
Total funds Last year
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Village GreenCollections - 546 - 546 58
Donations (other Income) 14,186 17,523 - 31,709 2,083
HouseEvents 8,641 880 - 9,521 4,446
Hire of Hall 2,112 - - 2,112 1,531
100 Club 168 - - 168 1,194
Craft Club 520 - - 520 746
Other 310 - - 310 342
- - - - -
Sub total(Gross income for
AR)

25,937
18,949 - 44,886 10,400
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 25,937 18,949 - 44,886 10,400
A3 Payments
Petrol for Mower - **357 ** - **357 ** 345
Village Green Maintenance 839 1,069 - 1,908 2,653
Telephone Box - 3,126 - 3,126 386
Water & Sewage 540 - - 540 **281 **
Electricity 2,669 - - 2,669 **3,007 **
Bank Charges 136 - - 136 **102 **
Insurance **804 ** - - **804 ** 738
House Events **3,461 ** - - **3,461 ** **3,007 **
Other 2,995 - - 2,995 4,375
**Sub total ** 11,444 4,552 - 15,996 14,894
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
**Sub total ** - - - - -
Total payments 11,444 4,552 - 15,996 14,894
Net of receipts/(payments) 14,493 14,397 - 28,890 - 4,494
A5 Transfers between funds - - - - -
A6 Cash funds lastyear end - - - - -
Cash funds thisyear end 14,493 14,397 - 28,890 - 4,494

Section B Statement of assets and liabilities at the end of the period

Categories Details Unrestricted
funds
Restricted
funds
Endowment
funds
to nearest £ to nearest £ to nearest £
B1 Cash funds HSBC 49,895 18,403 -
CashIn Hand 92 - -
- - -
Total cash funds 49,987 18,403 -
(agree balances with receipts and payments
account(s))

Reserves Policy

The policy of the Trustees is to ensure that a minimum unrestricted funds balance of £20,000 is maintained to ensure the ability to meet unexpected items of expenditure that may arise from time to time. The financial position of Gleaston Recreation Ground and Village Hall has improved over the course of this year, driven largely by one-off grants for Solar PV and the proceeds from the recent winding up of a neighbouring village’s committee. This has given the Trustees confidence to undertake programme of improvements in 2024/25.

Major programmes planned to be undertaken:

The committee will continue to ensure appropriate financial caution is adopted.

Volunteers

We would like to formally thank the many volunteers who support activities in the village ensuring that we continue to be a vibrant community, supporting the interests and needs of all.

Structure, Governance and Management

The Trustees have all been appointed via the Annual General Meeting process and all members of the village are encouraged to stand for election as a Trustee. The Trustees comprise a diverse range of skills and experiences, ensuring that the objectives of the committee are met and we remain relevant to our community.

The Trustees meet regularly throughout the year, with additional meetings for sub-committees and event planning held as required.

Administrative Information

Gleaston Recreation Ground and Village Hall is located within the small village of Gleaston, around 5 miles from the local town of Ulverston.

Gleaton Recreation Ground and Village Hall operates as a Trust and is not recognised by HMRC for Gift Aid purposes. Two alternative working names are also used for the Trust:

The Trustees who have served during this period are:

Barbara Birch – Chair

Bryan Houghton

Matt Barratt – Treasurer Victoria Adams

Lauren Rawlinson Edwin Rowlandson Deirdre Houghton David Shaw Elaine Shaw Nicole Furzeland

Manuela Schiele Paul Segalini Leigh Furlong Jean Hunt

Andy McLaren

Paul Bower

Dianne Pepper

Lorna Low

Ann Wilson

Chris Brown

Maria Murray Mike Brereton John Lee

Indtpendent examlnerfs reportto the trustees of Gleaston Green &Vlllage Hall I report to the tru5tee5 on my examination of the accounts of the Gleaston G￿en &Village Hall (the Trustl forthe year ended 31° Au8U5t 2024. Responsibllltles and baslsof report As rhe charitytrustees olthe Trust you are responsible for the preparatfon of the occourits in accordantr with the requirements of the Charities Act 20111'the Act'l. I report in re5pert of my examination of the Trutt's accounts carried out under 5e¢tion 145 of the 2011 Act and in carrWn8 Out my examination I havÈ followed all the applicable Direcbons gwen bythe Charity Commlsslon under sÈttion 14515llbl of the Act. I￿#ePendent examlnerfs Statement I have completed my examinallon. I confirrn that no material matters have corne to rny attention in cDnneL*on with the examination giving me cause to believe that in any material respect.. l. accountin8 record5 were not kept in respect of the Trust a5 required by secrion 130of the Act.. or 2. ac(x)unts do not accord wf(h those records. I have no COn￿r￿S have come across no other matters in connethon wlth the examination tu whlch attention should be drawn in this report In order to enatsle a proper under5tandin8 of the accounts to be reached. Signed: Name.. James Brlmelow Relevant professlonal quallficatlon or membership of prof¢s$ional bodles Ilf any): Chartered Institute of Managernent Atcountants Addrn55'. 44 Kennedy Place, Ulver5ton. LA12 7FX Date.. IW05120Z5