## **East Tuddenham Village Hall**
**Charity Number 229481**
**Annual Report and Financial Statements for the Year Ended 31 March 2022**
**ADP Accounting Limited 19 Farrow Close Mattishall Norfolk NR20 3SZ**
## **East Tuddenham Village Hall**
## **Contents**
|Reference and Administrative Details|1|
|---|---|
|Independent examiner's report|2|
|Statement of financial activities|3|
|Balance Sheet|4|
|Notes to the financial statements|5 to 10|
## **East Tuddenham Village Hall**
## **Reference and Administrative Details**
|**Charity name**|East Tuddenham Village Hall|
|---|---|
|**Charity registration number**|229481|
|**Principal office**|Mattishall Road|
||East Tuddenham|
||Norfolk|
||NR20 3LR|
|**Registered office**|Mattishall Road|
||East Tuddenham|
||Norfolk|
||NR20 3LR|
|**Trustees**|Mr E Hickling|
||Mr R Bodger|
||Mr K I Goodrum|
||Mrs M Cram|
||Mr M Barrett|
||Mrs J Leaney|
||Mrs J Shrimpling|
||Mr L Anderson|
|**Accountant**|ADP Accounting Limited|
||19 Farrow Close|
||Mattishall|
||Dereham|
||Norfolk|
Page 1
## **East Tuddenham Village Hall**
## **Trustee's Report**
I report on the accounts of the Trust for the year ended 31 March 2022, which are set out on pages 4 to 10.
## **Respective responsibilities oftrusteesand examiner**
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is 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:
‐examine the accounts undersection 145 of the 2011 Act;
‐follow the procedures laid down in the General Directions given by the Charity Commission
‐state whether particular matters have come to my attention.
## **Basis of independent examiner's report**
My examination was carried out in accordance with the General Directions given by the Charity Commission. 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 no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
## **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:
‐to keep accounting records in accordance withsection 130 of the Act; and
‐to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
## have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
|.........................................|19 Farrow Close|
|---|---|
|ADP Accounting Limited|Mattishall|
||Dereham|
|Association of Chartered Certified Accountants|Norfolk|
||NR20 3SZ|
|27th June 2022||
Page 2
## **East Tuddenham Village Hall**
## **Statement of Financial Activities For the Year Ended 31 March 2022**
|**Note**
**Incoming resources**
Incoming resources from generated funds
Activities for generating funds
2
Investment income
3
**Total incoming resources**
**Resources expended**
Costs of generating funds
Fundraising trading: cost of goods sold and other costs
4
**Total resources expended**
**Net movements in funds**
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Unrestricted**
**Funds**
**2022**
**2021**
**£**
**£**
**£**
40,231
40,231
43,309
3,286
3,286
5,527|
|---|---|
||43,517
43,517
48,836|
||26,375
26,375
12,163|
||26,375
26,375
12,163|
||**17,142**
**17,142**
**36,674**
208,222
208,222
171,548|
|||
||225,364
225,363
208,222|
Page 3
## **East Tuddenham Village Hall**
## **Balance Sheet**
## **As At 31 March 2022**
|||**2022**||**2021**||
|---|---|---|---|---|---|
||**Note**|**£**|**£**|**£**|**£**|
|**Fixed assets**||||||
|Tangible assets|8||139,175||140,141|
|**Current assets**||||||
|Stocks and work in progress||250||250||
|Debtors|9|1,588||13,991||
|Investments|10|5||5||
|Cash at bank and in hand||85,496||54,985||
|||87,338||69,230||
|Creditors: Amounts falling due within one year|11|(1,149)||(1,149)||
|Net current assets|||86,189||68,081|
|Total assets less current liabilities|||225,364||208,222|
|**Net assets**|||225,364||208,222|
|**The funds of the charity:**||||||
|**Unrestricted funds**||||||
|Unrestricted income funds|||225,364||208,222|
|**Total charity funds**|||225,364||208,222|
The financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the Board on ………………… 2022 and signed on its behalf by:
.........................................
Page 4
## **East Tuddenham Village Hall**
## **Notes to the Financial Statements**
**For The Year Ended 31 March 2022**
## **1) Accounting policies**
## **Basis of preparation**
The financial statements have been prepared under the historical cost conventionand in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities (SORP 2005)', issued in March 2005, the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Charities Act 2011.
## **Fund accounting policy**
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
Further details of each fund are disclosed in note 14.
## **Incoming resources**
Shop income and income derived from events is recognised as earned (that is, as the related goods or services are provided).
Investment income is recognised on a receivable basis.
## **Resources expended**
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.
Costs of generating funds are the costs of trading for fundraising purposes.
## **Support costs**
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
## **Irrecoverable VAT**
Irrecoverable VAT is charged against the category of resources expended for which it was incurred.
## **Fixed assets**
Individual fixed assets costing £0 or more are initially recorded at cost.
## **Depreciation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Fixtures and fittings
15% Reducing Balance Basis
Page 5
## **East Tuddenham Village Hall**
## **Notes to the Financial Statements (continued) For The Year Ended 31 March 2022**
## **Stock**
Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs. Items donated for resale or distribution are not included in the financial statements until they are sold or distributed.
## **Operating leases**
Rentals payable under operating leases are charged in the statement of financial activities on a straight line basis over the lease term.
## **2) Activities for generating funds**
|**Village Hall**
Grants
Ballroom Dancing Income
Sports Activities Income
Recycling Bins
Other income
Hall Hire
Electric rebates
**Social Club**
Grants
Subscriptions
Bar Income
Insurance claim
**Total Income**|**Unrestricted**
**Funds**
**£**
**Total Funds**
**2022**
**£**
**Total Funds**
**2021**
**£**
‐
17,500
2,030
2,030
‐
145
145
140
386
386
363
726
726
‐
9,774
9,774
(295)
3,454
3,454
5,486|
|---|---|
||16,515
16,515
23,194|
||10,667
10,667
8,097
2
2
‐
13,047
13,047
‐
‐
12,018|
||23,716
23,716
20,115|
|||
||**40,231**
**40,231**
**43,309**|
Page 6
## **East Tuddenham Village Hall**
## **Notes to the Financial Statements (continued) For The Year Ended 31 March 2022**
## **3) Investment income**
|Interest on cash deposits
**Direct costs**
Cost of goods sold
Wages
Establishment costs
Repairs and maintenance
Subscriptions and licences
Sundry and other costs
Cleaning
Accountancy fees
Office expenses
Printing, posting and stationery
Depreciation of tangible fixed assets
**Total Expenses**
**5) Trustees' remuneration and expenses**
**Support costs**
**4) Total resources expended**|**Unrestricted**
**Funds**
**£**
**Total Funds**
**2022**
**£**
**Total Funds**
**2021**
**£**
3,286
3,286
5,527|
|---|---|
||**Village Hall**
**Social Club**
**Total**
**£**
**£**
**£**
8,430
8,430
‐
4,796
4,796
546
1,937
2,483
‐
3,871
3,871
1,416
228
1,643
95
424
519
200
200
200
264
464
**2022**|
||2,257
20,149
22,406|
||‐
618
618
‐
2
2
‐
3,349
3,349|
||‐
3,969
3,969|
|||
||2,257
24,118
26,375|
|||
No trustees received any remuneration during the year.
Page 7
## **East Tuddenham Village Hall**
## **Notes to the Financial Statements (continued) For The Year Ended 31 March 2022**
## **6) Net incoming resources**
Net incoming resources are stated after charging:
|**6) Net incoming resources**
Net incoming resources are stated after charging:|||||
|---|---|---|---|---|
||**2022**|||**2021**|
||**£**|||**£**|
|Depreciation of tangible fixed assets|3,349|||3,520|
|**7) Employees' remuneration**|||||
|The aggregate payroll costs of these persons were as follows:|||||
||**2022**|||**2021**|
||**£**|||**£**|
|Wages and salaries|4,796|||1,981|
|No employee received emoluments of more than £60,000 during the year|||||
|**8) Tangible fixed assets**|||||
||||**Fixtures,**||
||**Freehold**||**fittings and**||
||**land and**||**equipment**|**Total**|
||**buildings**|**£**|**£**|**£**|
|**Cost**|||||
|As at 1 April 2021|120,195||112,827|233,022|
|Additions||‐|2,384|2,384|
|As at 31 March 2022|120,195||115,211|235,406|
|**Depreciation**|||||
|As at 1 April 2021||‐|92,882|92,882|
|Charge for the year||‐|3,349|3,349|
|As at 31 March 2022||‐|96,231|96,231|
|**Net book value**|||||
|As at 31 March 2022|120,195||18,980|139,175|
||||||
|As at 31 March 2021|120,195||19,945|140,140|
Page 8
## **East Tuddenham Village Hall**
## **Notes to the Financial Statements (continued) For The Year Ended 31 March 2022**
|**9) Debtors**
Prepayments and accrued income
Taxation and social security
**10) Current asset investments**
Unlisted investments
All current asset investments were held in the UK.
**11) Creditors: Amounts falling due within one year**
Other creditors
Accruals and deferred income
**12) Related parties ‐ Controlling entity**|**2022**
**£**
870
717
1,587
**2022**
**£**
5
**2022**
**£**
809
340
1,149|**2021**
**£**
12,888
1,103|
|---|---|---|
|||13,991|
|||**2021**
**£**
5|
|||**2021**
**£**
809
340|
|||1,149|
||||
The charity is controlled by the trustees.
Page 9
## **East Tuddenham Village Hall**
**Notes to the Financial Statements (continued) For The Year Ended 31 March 2022**
|**13) Analysis of funds**|||||
|---|---|---|---|---|
|||**Incoming**|**Resources**||
||**At 2021**|**resources**|**expended**|**At 2022**|
||**£**|**£**|**£**|**£**|
|**General Funds**|||||
|Unrestricted income fund|208,222|43,517|(26,375)|225,364|
Page 10