Registered Charity Number: 238105
HARE HATCH VILLAGE HALL
FOR THE YEAR ENDED 31 MARCH 2023
TRUSTEES
MR TERRY CATTERMOLE MR JOHN HARRIS MRS ROSALIND KIRK MRS BARBARA LLOYD MR DAVID YOUNGER
HARE HATCH VILLAGE HALL
TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2023
Legal and administrative information
The Trust is a registered charity number 238105.
The trustees who served throughout the year were:
Mr Terry Cattermole Chairman
Mr John Harris Mrs Barbara Lloyd Mr David Younger Treasurer Mrs Rosalind Kirk
The principal address of the charity is:
Hare Hatch Village Hall, Hare Hatch Wargrave, Berkshire RG10 9SL
Objectives and freehold property
Hare Hatch Village Hall was conveyed to the trustees under the terms of Mabel Ann Young’s Settlement Deed of 12 March 1945, and is administered by the trustees under the terms of that Settlement Deed.
On 6[th] April 2020 the trustees vested the title of the property in the Official Custodian for Charities who henceforward holds the property on behalf of the trustees.
The site and building of the village hall are held by the trustees for the charitable purpose of the trust, and the trustees do not consider it appropriate to identify the market value of the property for the purpose of these accounts. However, the trustees confirm that they have insured the rebuilding cost of the village hall subject to annual indexation, which was constructed 78 years ago and extended in 2017.
General reserve
The Trustees retain surplus income on unrestricted general reserve against the eventual requirement for longterm substantial repair or rebuilding of the property.
The market value of the unrestricted general reserve at 31 March 2023 was based upon the mid-price of M&G Charifund income units (£14.8317) at 31 March 2023.
Activities and achievements
The trustees make charges for the use of the hall by the local community to defray expenses and to provide for maintenance and improvement of the property. A Montessori school uses the hall during the daytime, and a ballet class during the evenings. Both provide a substantial proportion of the income.
Declaration
Approved by the Board of Trustees on and signed on its behalf by
…………………………………..…… Trustee
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HARE HATCH VILLAGE HALL
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023
| Incoming resources Hire of Hare Hatch Village Hall Investment income: M&G Charifund Dividends Bank interest Grant provided by Wokingham Borough Council Total incoming resources Resources expended: Direct charitableexpenditure: Running costs: Gas and Electricity Rates Water Insurance – including trustee indemnity Caretaking - cleaning the Hall and grounds maintenance Maintenance: Pest control Other repairs Support costs: Sundry expenses Community Council for Berkshire Improvement and Repair Projects: Renew perimeter fence Renew heating boiler and toilets supply system Repaint interior and exterior throughout Total resources expended Net incoming/(outgoing) resources Gains/(losses) on investment assets: Unrealised – Note 6 Net movement in funds Fund balance brought forward 1.4.2022 Fund balance carried forward as at 31.3.2023 |
2022 2023 £ £ 16,494 16,757 7,727 9,179 3 78 2,667 - 26,891 26,014 922 1,558 106 - 124 - 647 648 6,427 6,552 390 402 577 301 34 86 101 105 9,364 3,726 3,980 9,652 2,800 17,070 12,452 9,821 13,562 11,055 (8,747) 20,876 4,815 194,880 215,705 £215,756 £220,520 |
|---|---|
The notes on page 4 form part of these accounts.
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HARE HATCH VILLAGE HALL
BALANCE SHEET AS AT 31 MARCH 2023
| Note Fixed assets Village Hall site and building 1 Listed investments 6 Current assets Santander - deposit account Santander – Business Account Cambridge & Counties Bank Cash in hand Hall Hire paid after date Deduct:Current liabilities Electricity & Gas Hall Hire received in advance Net current assets Net assets Funds: Unrestricted 5 |
£ 31,078 22,041 - 36 552 53,707 423 330 |
2022 £ - 162,751 52,954 £215,705 £215,705 |
2023 £ £ - 179,004 25,335 5,374 10,000 101 1,271 42,081 565 - 41,516 £220,520 £220,520 |
|---|---|---|---|
Approved by the Board of Trustees on and signed on its behalf by
……………………………………..
Trustee
The notes on page 4 form part of these accounts.
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HARE HATCH VILLAGE HALL
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023
1 Accounting policies
These accounts have been prepared in accordance with financial reporting Standard for Small Entities (FRSSE) and the Charities SORP.
Income and expenditure are matched to the period to which they relate.
The Village Hall site and building are held for the charitable purpose of the trust, and no value is recorded in the accounts.
Investments are shown at market value.
2 Connected Charities
There are no connected charities.
3 Trustees
Neither the trustees nor persons connected with them received any remuneration or other benefit during the period. There were no transactions undertaken by the charity in which a trustee or connected person had a material interest (2022: Nil).
4 Expenditure
The independent examiner received no examination fee or other fees (2022: Nil).
5 Funds
The charity does not have any endowment or other restricted income funds. The trustees have not designated any funds.
| 6 Investment assets Listed Investments: M&G Charifund Market value 31.3.2020 Market value 31.3.2021 Net gain/(loss) on revaluation Purchase of additional units, cost Net gain/(loss) on revaluation (Market value 31.3.2022 Market value 31.3.2023 Historic cost as at 31.3.2023 |
2022 Units 10,302 10,302 10,302 |
2022 £ 123,164 151,696 11,055 £162,751 £113,630 |
2023 Units 10,30 2 1,768 12,070 |
2023 £ 162,751 25,000 (8,747) £179,004 £138,630 |
|---|---|---|---|---|
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HARE HATCH VILLAGE HALL
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023
7 Paid employees
The charity has no paid employees.
8 Other disclosure issues
At the date of these accounts, the trustees had no significant additional expenditure commitments.
9 Trustee Indemnity Insurance
Trustees maintain a charity trustees' indemnity policy for their liabilities and legal defence costs.
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HARE HATCH VILLAGE HALL
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023
I report on the accounts for the Trust for the year ended 31 March 2023, which are set out on pages 1 to 5.
Respective responsibilities of Trustees and examiner
As the charity’s trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act) does not apply for this year and that an independent examination is needed.
It is my responsibility to examine the accounts (under section 43(3)(a) of the Act, to follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 43(7)(b) of the Act), and to state whether particular matters have come to my attention.
Basis of Independent Examiners 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 the seeking of 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 Examiners statement
In connection with my examination, no matter has come to my attention that gives me reasonable cause to believe that, in any material respect, the requirements -
-
1 to keep accounting records in accordance with section 41 of the Act; and
-
2 to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act
have not been met; or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
……………………………..
W J Fone
Bear Place Farm Hare Hatch Reading Berkshire RG10 9TA
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