**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
Page 1
**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.
Page 2
## **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.
Page 3
**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|
|---|---|---|---|---|
Page 4
**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.
Page 5
**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
Page 6