## **Report for the Village Hall Annual General Meeting 2025**
The village hall has had an eventful year.
The new chairman that took over from Don last year had a short tenure and Don again held the fort until October 2024 when I offered to become the chairman.
The village hall goes from strength to strength thanks to the Trustees, committee members, volunteers and friends who all work conscientiously to help out, raise funds or manage the day to day running of our beautiful hall.
The village hall hosts numerous events, to name a few, quiz nights, film nights, a Burns night supper, a summer scarecrow trail, an annual remembrance poppy service (with representatives of the local council, church and 40 commando), a Christmas carol service (lead by the Andrew and Paul from the church) around a kindly donated Christmas tree and the Taunton Morris Men and ladies on Easter Monday. Thank you to those who contribute to decorating the hall during these occasions the most recent being 80[th] anniversary of VE day.
The hall hosts the church benefice office and groups that have included the Norton Singers, Tai Chi, Aikido, line dancing, jitterbugs children’s dance classes, the Norton baby clinic, the stroke club and slimming world to mention just a few. The hall also has hosted children’s parties, bingo and christenings. Not forgetting our coffee shop and all the volunteers that help out with that enterprise which is the largest fundraiser for the hall. Thank you.
Thank you to Nita for the improvements to the gardens. Also to all those who donate books or contribute when taking them, there has been a high turnover of books this year.
Hall volunteers have helped tend the grave of Wilfred Marshall, the original hall benefactor whose grave lies in the Norton churchyard. The portrait of George Marshall fell off the wall during the year and has been undergoing repair and renovation at a specialist conservator. It is expected to be back on the wall very soon.
Two special thank yous.
One, for Joan who is giving up as booking secretary. Joan has managed our hallmaster system so all our bookings are recorded, contracted and paid for. Two, for Eric our caretaker who opens up and locks up and ensures all the rooms are clean and tidy for our customers and guests.
The hall has also registered as a ‘warm space’ during the winter months and signed up with the Community Council for Somerset.
The hall is also registered as a ‘Place of Safety’ with Somerset Council where people can go if there is a temporary local emergency (that is up to five hours). The parish council will also be involved if this is necessary.
The hall is also been registered with Somerset Council as a ‘Rest Centre’. If this were needed Somerset Council would bring in trained staff and voluntary agencies to open up the village hall for emergencies that may last up to 48 hours. We will be looking into updating the information with Somerset Council to ensure we are compliant with the latest requirements.
The recreation ground behind the hall has a children’s play area and the shipping container behind the hall also supports items required by the village Flood Warden and is funded by the parish council.
The accounts are presented by Bev our Treasurer. Whilst they may appear substantial it should be remembered that the hall has considerable expenses especially with utility and energy bills during the winter months. Electric alone in January 2025 was over £1,000.
Consideration has also being given to phase 2 of the main kitchen refurbishment which is anticipated to cost over £25,000 and to possibly extend the car park, (geogrid costing over £25 per square metre, without the cost of site preparation and amended fencing), this could be a considerable cost which the trustees need to evaluate carefully.
The hall will celebrate its 25[th] anniversary this year. Ideas will be discussed at the next meeting to see how we can involve all the village in these celebrations
Tom Catherall Chairman Norton Fitzwarren Village Hall, May 2025
Registered Charity Number : 247449
## **NORTON FITZWARREN VILLAGE HALL**
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
Page 1 of 11
## **NORTON FITZWARREN VILLAGE HALL**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
FOR THE YEAR ENDED 31 MARCH 2025
**Trustees Charity Number Registered Office Independent Examiner**
B Wall A Nun T Catherall G Withnell P Hawtin 247449 Norton Fiztwarren Village Hall Station Road Taunton TA2 6RQ Nicola Richards 44 Greenway Avenue Taunton TA2 6HY
Page 2 of 11
## **NORTON FITZWARREN VILLAGE HALL**
## **CONTENTS**
FOR THE YEAR ENDED 31 MARCH 2025
Trustees' Report
Independent Examiner's Report
Statement of Finanical Activities
Balance Sheet
Notes to the Financial Statements
Page 3 of 11
## **NORTON FITZWARREN VILLAGE HALL**
## **TRUSTEES' REPORT**
## FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial statements for the year ended 31 March 2025 .
This report was approved by the trustee and signed on its behalf by:
---------------------------------------------------T Catherall Trustee
Date : 16 June 2025
Page 4 of 11
## **NORTON FITZWARREN VILLAGE HALL**
## **INDEPENDENT EXAMINER'S REPORT**
FOR THE YEAR ENDED 31 MARCH 2025
## **Independent Examiner’s Report to the Trustees of Norton Fitzwarren Village Hall**
## **Independent examiner’s report to the trustees of Norton Fitzwarren Village Hall**
I report to the trustees on my examination of the accountsof the above charity (“the Trust”) for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the charity's trustees, you are responsible for thepreparation of the accounts in accordance with the requirements of theCharities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’saccounts carried out under section 145 of the 2011 Act and in carrying out myexamination, I have followed all the applicable Directions given by the CharityCommission under section 145(5)(b) of the Act
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have cometo my attention in connection with the examination which gives me cause tobelieve that in, any material respect:
the accounting records were not kept in accordance withsection 130 of the Charities Act; or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirementsconcerning the form and content of accounts set out in the Charities (Accountsand Reports) Regulations 2008 other than any requirement that the accounts givea ‘true and fair’ view which is not a matter considered as part of anindependent examination.
I have no concerns and have come across no other matters inconnection with the examination to which attention should be drawn in thisreport in order to enable a proper understanding of the accounts to be reached.
Parkside AccountancyServices (Taunton) Ltd
44 Greenway Avenue
Taunton Somerset TA2 6HY
Name: Nicola Richards Date: 16 June 2025
Page 5 of 11
## **NORTON FITZWARREN VILLAGE HALL**
## **STATEMENT OF FINANCIAL ACTIVITIES**
FOR THE YEAR ENDED 31 MARCH 2025
|**Recommended**
**categories by activity**
**Notes**
**Income and**
**endowments from:**
Donations and legacies
2
Charitable activities
3
Investments
4
**Total**
**Expenditure on:**
Raising funds
5
Charitable activities
6
Other
8
**Total**
**Net**
**income/(expenditure)**
**Net movement in**
**funds**
**Reconciliation of**
**funds:**
Total funds brought
forward
**Total funds carried**
**forward**|**Unrestricted**
**funds**
**£**
-
34,494.10
27,346.00
**61,840.10**
5,190.20
9,103.80
46,743.71
**61,037.71**
**802.39**
**802.39**
82,150.00
**82,952.39**|**Restricted**
**income funds**
**£**
-
-
-
**-**
-
-
-
**-**
**-**
**-**
1,838,787.00
**1,838,787.00**|**Total Funds**
**2025**
**£**
-
34,494.10
27,346.00
**61,840.10**
5,190.20
9,103.80
46,743.71
**61,037.71**
**802.39**
**802.39**
1,920,937.00
**1,921,739.39**|**Total Funds**
**2024**
**£**
5,153.00
31,356.00
33,353.00|
|---|---|---|---|---|
|||||**69,862.00**|
|||||2,993.50
15,850.50
43,419.00|
|||||**62,263.00**|
|||||**7,599.00**|
|||||**7,599.00**
1,913,338.00|
|||||**1,920,937.00**|
Page 6 of 11
## **NORTON FITZWARREN VILLAGE HALL**
## **BALANCE SHEET**
FOR THE YEAR ENDED 31 MARCH 2025
|OR THE YEAR ENDED 31 MARCH 2025|||
|---|---|---|
|**Recommended categories**
**by activity**
**Notes**
**Unrestricted**
**funds**
**£**
**Restricted**
**income funds**
**£**
Fixed assets
Tangible assets
9
17,878.05
1,838,787.00
**Total fixed assets**
17,878.05
1,838,787.00
Current assets
Debtors
10
7,006.40
-
Cash at bank and in hand
11
63,177.14
-
**Total current assets**
70,183.54
-
**Net current**
**assets/(liabilities)**
70,183.54
-
**Total assets less current**
**liabilities**
88,061.59
1,838,787.00
Creditors: amounts falling
due after one year
12
5,103.32
-
**Total net assets or**
**liabilities**
82,958.27
1,838,787.00
**Funds of the Charity**
Unrestricted funds
13
82,952.39
Restricted income funds
13
1,838,787.00
Endowment funds
13
**Total funds**
82,952.39
1,838,787.00|**Total**
**Funds 2025**
**£**
1,856,665.05
1,856,665.05
7,006.40
63,177.14
70,183.54
70,183.54
1,926,848.59
5,103.32
1,921,745.27
82,952.39
1,838,787.00
-
1,921,739.39|**Total Funds**
**2024**
**£**
1,857,705.00|
|||1,857,705.00|
|||8,009.00
55,608.00
63,617.00
63,617.00|
|||1,921,322.00|
|||385.00|
|||1,920,937.00|
|||82,150.00
1,838,787.00
-|
|||1,920,937.00|
The financial statements were approved by the trustees on 16 June 2025 and signed on its behalf by:
T Catherall Trustee Date : 16 June 2025
Page 7 of 11
## **NORTON FITZWARREN VILLAGE HALL**
## **NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 31 MARCH 2025
## **1. Accounting Policies**
The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.
## **1.1 Basis of preparation**
These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.
These accounts have been prepared in accordance with “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
These accounts are presented in pounds sterling and rounded to the nearest pound.
## **1.2 Going concern**
The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.
## **2. Income from Donations and Legacies**
|**Analysis**
Donation and gifts
General grants provided by Government/other
charities
**3. Income from Charitable Activities**
**Analysis**
**Unrestricted funds**
**£**
Sale of Good
1,111.20
Sale of service
33,382.90
**34,494.10**
**4. Income from Investments**
**Analysis**
**Unrestricted funds**
**£**
Rental and leasing
income
27,346.00
**27,346.00**
**5. Expenditure on Raising Funds**
**Analysis**
Support Costs|**Total funds 2025**
**£**
-
-
**-**
**Total funds 2025**
**£**
1,111.20
33,382.90
**34,494.10**
**Total funds 2025**
**£**
27,346.00
**27,346.00**
**Total funds 2025**
**£**
5,190.20
**5,190.20**|**Total funds 2024**
**£**
1,053.00
4,100.00|**Total funds 2024**
**£**
1,053.00
4,100.00|
|---|---|---|---|
|||**5,153.00**||
|||**Total funds 2024**
**£**
-
31,356.00||
|||**31,356.00**||
|||**Total funds 2024**
**£**
33,353.00||
||||**33,353.00**|
||**Total**|**Total**|**funds 2024**
**£**
2,993.50
**2,993.50**|
## **3. Income from Charitable Activities**
## **4. Income from Investments**
## **5. Expenditure on Raising Funds**
Page 8 of 11
## **6. Expenditure on Charitable Activities**
|**Analysis**
**Total funds 2025**
**£**
Bank charges
-
Donations
376.00
Legal/professional fees
50.00
Fund raising costs
2,917.61
Support Costs
5,760.20
**9,103.80**
**7. Support Costs**
**Analysis**
**Total funds 2025**
**£**
Wages and salaries
9,704.90
Printing and stationery
285.54
IT expenses
389.95
**Governance Costs**
Accountants fees
570.00
**10,950.39**
**8. Other Expenditure**
**Analysis**
**Unrestricted funds**
**Total funds 2025**
**£**
**£**
Depreciation
Charge for
the Year -
Plant &
Machinery
5,960.00
5,960.00
Other
Expenditure
484.95
484.95
Water rates
778.50
778.50
Insurance
2,783.33
2,783.33
Cleaning
627.41
627.41
Repairs and
renewals
23,016.00
23,016.00
Light and
heat
11,560.70
11,560.70
Telephone
1,532.82
1,532.82
**46,743.71**
**46,743.71**
**9. Tangible Fixed Assets**
**Freehold Land & Buildings**
**£**
**9.1 Cost or valuation**
At 01 April 2024
1,838,787.00
Additions
-
Disposals
-
Revaluations
-
Transfers
-
At 31 March 2025
**1,838,787.00**|**Analysis**
**Total funds 2025**
**£**
Bank charges
-
Donations
376.00
Legal/professional fees
50.00
Fund raising costs
2,917.61
Support Costs
5,760.20
**9,103.80**
**7. Support Costs**
**Analysis**
**Total funds 2025**
**£**
Wages and salaries
9,704.90
Printing and stationery
285.54
IT expenses
389.95
**Governance Costs**
Accountants fees
570.00
**10,950.39**
**8. Other Expenditure**
**Analysis**
**Unrestricted funds**
**Total funds 2025**
**£**
**£**
Depreciation
Charge for
the Year -
Plant &
Machinery
5,960.00
5,960.00
Other
Expenditure
484.95
484.95
Water rates
778.50
778.50
Insurance
2,783.33
2,783.33
Cleaning
627.41
627.41
Repairs and
renewals
23,016.00
23,016.00
Light and
heat
11,560.70
11,560.70
Telephone
1,532.82
1,532.82
**46,743.71**
**46,743.71**
**9. Tangible Fixed Assets**
**Freehold Land & Buildings**
**£**
**9.1 Cost or valuation**
At 01 April 2024
1,838,787.00
Additions
-
Disposals
-
Revaluations
-
Transfers
-
At 31 March 2025
**1,838,787.00**|**Total**
**Total**
**Total**|**funds 2024**
**£**
9.00
1,080.00
-
10,511.00
4,250.50|
|---|---|---|---|
||||**15,850.50**|
||||**funds 2024**
**£**
5,121.00
826.00
40.00
1,257.00|
||||**7,244.00**|
||||**funds 2024**
**£**
4,702.00
1,166.00
731.00
3,690.00
1,121.00
23,054.00
7,991.00
964.00|
||||**43,419.00**|
|||**Plant & Machinery**
**£**
122,035.92
4,920.44
-
-
-||
||**1,838,787.00**|**126,956.36**||
## **7. Support Costs**
## **8. Other Expenditure**
## **9. Tangible Fixed Assets**
Page 9 of 11
## **9.2 Depreciation and impairments**
|At 01 April 2024
Charge for the year
Disposals
Revaluations
Transfers
At 31 March 2025
**9.3 Net book value**
At 01 April 2024
At 31 March 2025|-
-
-
-
-
**-**
1,838,787.00|-
-
-
-
-|103,118.31
5,960.00
-
-
-|
|---|---|---|---|
|||**-**|**109,078.31**|
||||18,917.61|
||**1,838,787.00**
**17,878.05**|||
## **9.3 Net book value**
## **10. Debtors: Amounts falling due within one year**
||**Total funds 2025**|**Total funds 2024**|
|---|---|---|
||**£**|**£**|
|Trade debtors|1,774.50|2,817.00|
|Other debtors|5,231.90|5,192.00|
||**7,006.40**|**8,009.00**|
|**1. Cash at bank and in hand**|||
||**Total funds 2025**|**Total funds 2024**|
||**£**|**£**|
|Cash at bank and in hand|63,177.14|55,608.00|
||**63,177.14**|**55,608.00**|
|**2. Creditors: Amounts falling due after one year**|||
||**Total funds 2025**|**Total funds 2024**|
||**£**|**£**|
|Accruals and deferred income|385.00|385.00|
|Taxation and social security|221.00|-|
|Other creditors|4,497.32|-|
||**5,103.32**|**385.00**|
## **11. Cash at bank and in hand**
## **12. Creditors: Amounts falling due after one year**
## **13. Charity funds**
## **13.1 Details of material funds held and movements during the CURRENT reporting period**
|**Fund names**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Total**|**Fund**
**balances**
**brought**
**forward**
**£**
82,150.00
1,838,787.00
**1,920,937.00**|**Income**
**£**
61,840.10
-
**61,840.10**|**Expenditure**
**£**
61,037.71
-
**61,037.71**|**Transfers**
**£**
-
-
**-**|**Gains**
**and**
**losses**
**£**
-
-
**- **|**Fund**
**balances**
**carried**
**forward**
**£**
82,952.39
1,838,787.00|
|---|---|---|---|---|---|---|
|||||||**1,921,739.39**|
Page 10 of 11
## **13.2 Details of material funds held and movements during the PREVIOUS reporting period**
|**Fund names**
**Fund**
**balances**
**brought**
**forward**
**Income**
**£**
**£**
**Unrestricted**
**funds**
74,551.00
69,862.00
**Restricted**
**income**
**funds**
1,838,787.00
-
**Total**
**1,913,338.00**
**69,862.00**
**13.3 Transfers between funds**
**This Year**
Between unrestricted and restricted funds
Between endowment and restricted funds
Between endowment and unrestricted funds
**Last Year**
Between unrestricted and restricted funds
Between endowment and restricted funds
Between endowment and unrestricted funds|**Expenditure**
**£**
62,263.00
-
**62,263.00**|**Transfers**
**£**
-
-
**-**|**Gains**
**and**
**losses**
**£**
-
-
**- **|**Fund**
**balances**
**carried**
**forward**
**£**
82,150.00
1,838,787.00
**1,920,937.00**
**Amount**
**£**
-
-
-
**Amount**
**£**
-
-
-|
|---|---|---|---|---|
Page 11 of 11
Registered Charity Number : 247449
## **NORTON FITZWARREN VILLAGE HALL**
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
Page 1 of 11
## **NORTON FITZWARREN VILLAGE HALL**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
FOR THE YEAR ENDED 31 MARCH 2025
**Trustees Charity Number Registered Office Independent Examiner**
B Wall A Nun T Catherall G Withnell P Hawtin 247449 Norton Fiztwarren Village Hall Station Road Taunton TA2 6RQ Nicola Richards 44 Greenway Avenue Taunton TA2 6HY
Page 2 of 11
## **NORTON FITZWARREN VILLAGE HALL**
## **CONTENTS**
FOR THE YEAR ENDED 31 MARCH 2025
Trustees' Report
Independent Examiner's Report
Statement of Finanical Activities
Balance Sheet
Notes to the Financial Statements
Page 3 of 11
## **NORTON FITZWARREN VILLAGE HALL**
## **TRUSTEES' REPORT**
## FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial statements for the year ended 31 March 2025 .
This report was approved by the trustee and signed on its behalf by:
---------------------------------------------------T Catherall Trustee
Date : 16 June 2025
Page 4 of 11
## **NORTON FITZWARREN VILLAGE HALL**
## **INDEPENDENT EXAMINER'S REPORT**
FOR THE YEAR ENDED 31 MARCH 2025
## **Independent Examiner’s Report to the Trustees of Norton Fitzwarren Village Hall**
## **Independent examiner’s report to the trustees of Norton Fitzwarren Village Hall**
I report to the trustees on my examination of the accountsof the above charity (“the Trust”) for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the charity's trustees, you are responsible for thepreparation of the accounts in accordance with the requirements of theCharities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’saccounts carried out under section 145 of the 2011 Act and in carrying out myexamination, I have followed all the applicable Directions given by the CharityCommission under section 145(5)(b) of the Act
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have cometo my attention in connection with the examination which gives me cause tobelieve that in, any material respect:
the accounting records were not kept in accordance withsection 130 of the Charities Act; or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirementsconcerning the form and content of accounts set out in the Charities (Accountsand Reports) Regulations 2008 other than any requirement that the accounts givea ‘true and fair’ view which is not a matter considered as part of anindependent examination.
I have no concerns and have come across no other matters inconnection with the examination to which attention should be drawn in thisreport in order to enable a proper understanding of the accounts to be reached.
Parkside AccountancyServices (Taunton) Ltd
44 Greenway Avenue
Taunton Somerset TA2 6HY
Name: Nicola Richards Date: 16 June 2025
Page 5 of 11
## **NORTON FITZWARREN VILLAGE HALL**
## **STATEMENT OF FINANCIAL ACTIVITIES**
FOR THE YEAR ENDED 31 MARCH 2025
|**Recommended**
**categories by activity**
**Notes**
**Income and**
**endowments from:**
Donations and legacies
2
Charitable activities
3
Investments
4
**Total**
**Expenditure on:**
Raising funds
5
Charitable activities
6
Other
8
**Total**
**Net**
**income/(expenditure)**
**Net movement in**
**funds**
**Reconciliation of**
**funds:**
Total funds brought
forward
**Total funds carried**
**forward**|**Unrestricted**
**funds**
**£**
-
34,494.10
27,346.00
**61,840.10**
5,190.20
9,103.80
46,743.71
**61,037.71**
**802.39**
**802.39**
82,150.00
**82,952.39**|**Restricted**
**income funds**
**£**
-
-
-
**-**
-
-
-
**-**
**-**
**-**
1,838,787.00
**1,838,787.00**|**Total Funds**
**2025**
**£**
-
34,494.10
27,346.00
**61,840.10**
5,190.20
9,103.80
46,743.71
**61,037.71**
**802.39**
**802.39**
1,920,937.00
**1,921,739.39**|**Total Funds**
**2024**
**£**
5,153.00
31,356.00
33,353.00|
|---|---|---|---|---|
|||||**69,862.00**|
|||||2,993.50
15,850.50
43,419.00|
|||||**62,263.00**|
|||||**7,599.00**|
|||||**7,599.00**
1,913,338.00|
|||||**1,920,937.00**|
Page 6 of 11
## **NORTON FITZWARREN VILLAGE HALL**
## **BALANCE SHEET**
FOR THE YEAR ENDED 31 MARCH 2025
|OR THE YEAR ENDED 31 MARCH 2025|||
|---|---|---|
|**Recommended categories**
**by activity**
**Notes**
**Unrestricted**
**funds**
**£**
**Restricted**
**income funds**
**£**
Fixed assets
Tangible assets
9
17,878.05
1,838,787.00
**Total fixed assets**
17,878.05
1,838,787.00
Current assets
Debtors
10
7,006.40
-
Cash at bank and in hand
11
63,177.14
-
**Total current assets**
70,183.54
-
**Net current**
**assets/(liabilities)**
70,183.54
-
**Total assets less current**
**liabilities**
88,061.59
1,838,787.00
Creditors: amounts falling
due after one year
12
5,103.32
-
**Total net assets or**
**liabilities**
82,958.27
1,838,787.00
**Funds of the Charity**
Unrestricted funds
13
82,952.39
Restricted income funds
13
1,838,787.00
Endowment funds
13
**Total funds**
82,952.39
1,838,787.00|**Total**
**Funds 2025**
**£**
1,856,665.05
1,856,665.05
7,006.40
63,177.14
70,183.54
70,183.54
1,926,848.59
5,103.32
1,921,745.27
82,952.39
1,838,787.00
-
1,921,739.39|**Total Funds**
**2024**
**£**
1,857,705.00|
|||1,857,705.00|
|||8,009.00
55,608.00
63,617.00
63,617.00|
|||1,921,322.00|
|||385.00|
|||1,920,937.00|
|||82,150.00
1,838,787.00
-|
|||1,920,937.00|
The financial statements were approved by the trustees on 16 June 2025 and signed on its behalf by:
T Catherall Trustee Date : 16 June 2025
Page 7 of 11
## **NORTON FITZWARREN VILLAGE HALL**
## **NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 31 MARCH 2025
## **1. Accounting Policies**
The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.
## **1.1 Basis of preparation**
These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.
These accounts have been prepared in accordance with “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
These accounts are presented in pounds sterling and rounded to the nearest pound.
## **1.2 Going concern**
The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.
## **2. Income from Donations and Legacies**
|**Analysis**
Donation and gifts
General grants provided by Government/other
charities
**3. Income from Charitable Activities**
**Analysis**
**Unrestricted funds**
**£**
Sale of Good
1,111.20
Sale of service
33,382.90
**34,494.10**
**4. Income from Investments**
**Analysis**
**Unrestricted funds**
**£**
Rental and leasing
income
27,346.00
**27,346.00**
**5. Expenditure on Raising Funds**
**Analysis**
Support Costs|**Total funds 2025**
**£**
-
-
**-**
**Total funds 2025**
**£**
1,111.20
33,382.90
**34,494.10**
**Total funds 2025**
**£**
27,346.00
**27,346.00**
**Total funds 2025**
**£**
5,190.20
**5,190.20**|**Total funds 2024**
**£**
1,053.00
4,100.00|**Total funds 2024**
**£**
1,053.00
4,100.00|
|---|---|---|---|
|||**5,153.00**||
|||**Total funds 2024**
**£**
-
31,356.00||
|||**31,356.00**||
|||**Total funds 2024**
**£**
33,353.00||
||||**33,353.00**|
||**Total**|**Total**|**funds 2024**
**£**
2,993.50
**2,993.50**|
## **3. Income from Charitable Activities**
## **4. Income from Investments**
## **5. Expenditure on Raising Funds**
Page 8 of 11
## **6. Expenditure on Charitable Activities**
|**Analysis**
**Total funds 2025**
**£**
Bank charges
-
Donations
376.00
Legal/professional fees
50.00
Fund raising costs
2,917.61
Support Costs
5,760.20
**9,103.80**
**7. Support Costs**
**Analysis**
**Total funds 2025**
**£**
Wages and salaries
9,704.90
Printing and stationery
285.54
IT expenses
389.95
**Governance Costs**
Accountants fees
570.00
**10,950.39**
**8. Other Expenditure**
**Analysis**
**Unrestricted funds**
**Total funds 2025**
**£**
**£**
Depreciation
Charge for
the Year -
Plant &
Machinery
5,960.00
5,960.00
Other
Expenditure
484.95
484.95
Water rates
778.50
778.50
Insurance
2,783.33
2,783.33
Cleaning
627.41
627.41
Repairs and
renewals
23,016.00
23,016.00
Light and
heat
11,560.70
11,560.70
Telephone
1,532.82
1,532.82
**46,743.71**
**46,743.71**
**9. Tangible Fixed Assets**
**Freehold Land & Buildings**
**£**
**9.1 Cost or valuation**
At 01 April 2024
1,838,787.00
Additions
-
Disposals
-
Revaluations
-
Transfers
-
At 31 March 2025
**1,838,787.00**|**Analysis**
**Total funds 2025**
**£**
Bank charges
-
Donations
376.00
Legal/professional fees
50.00
Fund raising costs
2,917.61
Support Costs
5,760.20
**9,103.80**
**7. Support Costs**
**Analysis**
**Total funds 2025**
**£**
Wages and salaries
9,704.90
Printing and stationery
285.54
IT expenses
389.95
**Governance Costs**
Accountants fees
570.00
**10,950.39**
**8. Other Expenditure**
**Analysis**
**Unrestricted funds**
**Total funds 2025**
**£**
**£**
Depreciation
Charge for
the Year -
Plant &
Machinery
5,960.00
5,960.00
Other
Expenditure
484.95
484.95
Water rates
778.50
778.50
Insurance
2,783.33
2,783.33
Cleaning
627.41
627.41
Repairs and
renewals
23,016.00
23,016.00
Light and
heat
11,560.70
11,560.70
Telephone
1,532.82
1,532.82
**46,743.71**
**46,743.71**
**9. Tangible Fixed Assets**
**Freehold Land & Buildings**
**£**
**9.1 Cost or valuation**
At 01 April 2024
1,838,787.00
Additions
-
Disposals
-
Revaluations
-
Transfers
-
At 31 March 2025
**1,838,787.00**|**Total**
**Total**
**Total**|**funds 2024**
**£**
9.00
1,080.00
-
10,511.00
4,250.50|
|---|---|---|---|
||||**15,850.50**|
||||**funds 2024**
**£**
5,121.00
826.00
40.00
1,257.00|
||||**7,244.00**|
||||**funds 2024**
**£**
4,702.00
1,166.00
731.00
3,690.00
1,121.00
23,054.00
7,991.00
964.00|
||||**43,419.00**|
|||**Plant & Machinery**
**£**
122,035.92
4,920.44
-
-
-||
||**1,838,787.00**|**126,956.36**||
## **7. Support Costs**
## **8. Other Expenditure**
## **9. Tangible Fixed Assets**
Page 9 of 11
## **9.2 Depreciation and impairments**
|At 01 April 2024
Charge for the year
Disposals
Revaluations
Transfers
At 31 March 2025
**9.3 Net book value**
At 01 April 2024
At 31 March 2025|-
-
-
-
-
**-**
1,838,787.00|-
-
-
-
-|103,118.31
5,960.00
-
-
-|
|---|---|---|---|
|||**-**|**109,078.31**|
||||18,917.61|
||**1,838,787.00**
**17,878.05**|||
## **9.3 Net book value**
## **10. Debtors: Amounts falling due within one year**
||**Total funds 2025**|**Total funds 2024**|
|---|---|---|
||**£**|**£**|
|Trade debtors|1,774.50|2,817.00|
|Other debtors|5,231.90|5,192.00|
||**7,006.40**|**8,009.00**|
|**1. Cash at bank and in hand**|||
||**Total funds 2025**|**Total funds 2024**|
||**£**|**£**|
|Cash at bank and in hand|63,177.14|55,608.00|
||**63,177.14**|**55,608.00**|
|**2. Creditors: Amounts falling due after one year**|||
||**Total funds 2025**|**Total funds 2024**|
||**£**|**£**|
|Accruals and deferred income|385.00|385.00|
|Taxation and social security|221.00|-|
|Other creditors|4,497.32|-|
||**5,103.32**|**385.00**|
## **11. Cash at bank and in hand**
## **12. Creditors: Amounts falling due after one year**
## **13. Charity funds**
## **13.1 Details of material funds held and movements during the CURRENT reporting period**
|**Fund names**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Total**|**Fund**
**balances**
**brought**
**forward**
**£**
82,150.00
1,838,787.00
**1,920,937.00**|**Income**
**£**
61,840.10
-
**61,840.10**|**Expenditure**
**£**
61,037.71
-
**61,037.71**|**Transfers**
**£**
-
-
**-**|**Gains**
**and**
**losses**
**£**
-
-
**- **|**Fund**
**balances**
**carried**
**forward**
**£**
82,952.39
1,838,787.00|
|---|---|---|---|---|---|---|
|||||||**1,921,739.39**|
Page 10 of 11
## **13.2 Details of material funds held and movements during the PREVIOUS reporting period**
|**Fund names**
**Fund**
**balances**
**brought**
**forward**
**Income**
**£**
**£**
**Unrestricted**
**funds**
74,551.00
69,862.00
**Restricted**
**income**
**funds**
1,838,787.00
-
**Total**
**1,913,338.00**
**69,862.00**
**13.3 Transfers between funds**
**This Year**
Between unrestricted and restricted funds
Between endowment and restricted funds
Between endowment and unrestricted funds
**Last Year**
Between unrestricted and restricted funds
Between endowment and restricted funds
Between endowment and unrestricted funds|**Expenditure**
**£**
62,263.00
-
**62,263.00**|**Transfers**
**£**
-
-
**-**|**Gains**
**and**
**losses**
**£**
-
-
**- **|**Fund**
**balances**
**carried**
**forward**
**£**
82,150.00
1,838,787.00
**1,920,937.00**
**Amount**
**£**
-
-
-
**Amount**
**£**
-
-
-|
|---|---|---|---|---|
Page 11 of 11