**REGISTERED CHARITY NUMBER: 256084** **Report of the Trustees and** **Unaudited Financial Statements** **for the Year Ended 31 March 2023** **for** **GADDESBY VILLAGE HALL** **GADDESBY VILLAGE HALL** ## **Contents of the Financial Statements for the Year Ended 31 March 2023** |||**Page**|| |---|---|---|---| |**Report of the Trustees**||1|| |**Independent Examiner's Report**||2|| |**Statement of Financial Activities**||3|| |**Balance Sheet**||4|| |**Notes to the Financial Statements**|5|to|8| |**Detailed Statement of Financial Activities**||9|| **GADDESBY VILLAGE HALL** ## **Report of the Trustees** ## **for the Year Ended 31 March 2023** The trustees present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of 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). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The object of the charity is the provision and maintenance of a village hall for the use of the inhabitants of the Parish of Gaddesby without distinction of political, religious or other opinions including use for meetings, lectures and classes and for other forms of recreation and leisure time occupation with the object of improving the conditions of life for the said inhabitants. ## **FINANCIAL REVIEW** During the period the trustees received gross income of £40,041 wholly from investments, donations and hire of the village hall. Administration expenses amounted to £47,904. At the 31 March 2023 the charity held net assets of £30,628 against which there were no outstanding commitments. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 256084 ## **Principal address** 28 Park Hill Gaddesby Leicestershire LE7 4WH ## **Trustees** C N Rose J Hayton A Kansagra C E A Morgan S D Evans J C Strange W A Lee Approved by order of the board of trustees on ............................................. and signed on its behalf by: .................................................................... W A Lee - Trustee Page 1 **Independent Examiner's Report to the Trustees of Gaddesby Village Hall** ## **Independent examiner's report to the trustees of Gaddesby Village Hall** I report to the charity trustees on my examination of the accounts of Gaddesby Village Hall (the Trust) for the year ended 31 March 2023. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Sarah Davies Date: ............................................. Page 2 **GADDESBY VILLAGE HALL** ## **Statement of Financial Activities for the Year Ended 31 March 2023** |||31.3.23|31.3.22| |---|---|---|---| |||Unrestricted|Total| |||fund|funds| ||Notes|£|£| |**INCOME AND ENDOWMENTS FROM**|||| |Donations and legacies||5,000|-| |Other trading activities|2|15,143|8,305| |Investment income|3|899|1,256| |**Total**||21,042|9,561| |**EXPENDITURE ON**|||| |Raising funds||47,904|9,638| |Net gains/(losses) on investments||(1,690)|2,737| |**NET INCOME/(EXPENDITURE)**||(28,552)|2,660| |**RECONCILIATION OF FUNDS**|||| |Total funds brought forward||59,180|56,520| |**TOTAL FUNDS CARRIED FORWARD**||30,628|59,180| The notes form part of these financial statements Page 3 **GADDESBY VILLAGE HALL** ## **Balance Sheet** ## **31 March 2023** |||31.3.23|31.3.22| |---|---|---|---| |||Unrestricted|Total| |||fund|funds| ||Notes|£|£| |**FIXED ASSETS**|||| |Investments|6|20,322|40,430| |**CURRENT ASSETS**|||| |Cash at bank and in hand||10,306|18,750| |**NET CURRENT ASSETS**||10,306|18,750| |**TOTAL ASSETS LESS CURRENT**|||| |**LIABILITIES**||30,628|59,180| |**NET ASSETS**||30,628|59,180| |**FUNDS**|7||| |Unrestricted funds||30,628|59,180| |**TOTAL FUNDS**||30,628|59,180| The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: ............................................. W A Lee - Trustee The notes form part of these financial statements Page 4 **GADDESBY VILLAGE HALL** **Notes to the Financial Statements for the Year Ended 31 March 2023** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2. OTHER TRADING ACTIVITIES** ## **3.** |**OTHER TRADING ACTIVITIES**||| |---|---|---| ||31.3.23|31.3.22| ||£|£| |Hire of hall|15,143|8,305| |**INVESTMENT INCOME**||| ||31.3.23|31.3.22| ||£|£| |Other fixed asset invest - FII|899|1,256| Page 5 continued... **GADDESBY VILLAGE HALL** **Notes to the Financial Statements - continued for the Year Ended 31 March 2023** ## **4. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022. ## **5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |||Unrestricted| |---|---|---| |||fund| |||£| ||**INCOME AND ENDOWMENTS FROM**|| ||Other trading activities|8,305| ||Investment income|1,256| ||**Total**|9,561| ||**EXPENDITURE ON**|| ||Raising funds|9,638| ||Net gains on investments|2,737| ||**NET INCOME**|2,660| ||**RECONCILIATION OF FUNDS**|| ||Total funds brought forward|56,520| ||**TOTAL FUNDS CARRIED FORWARD**|59,180| |**6.**|**FIXED ASSET INVESTMENTS**|| |||Listed| |||investments| |||£| ||**MARKET VALUE**|| ||At 1 April 2022|40,430| ||Disposals|(19,848)| ||Revaluations|(260)| ||At 31 March 2023|20,322| ||**NET BOOK VALUE**|| ||At 31 March 2023|20,322| ||At 31 March 2022|40,430| Page 6 continued... **GADDESBY VILLAGE HALL** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2023** ## **6. FIXED ASSET INVESTMENTS - continued** There were no investment assets outside the UK. Cost or valuation at 31 March 2023 is represented by: |||||Listed| |---|---|---|---|---| |||||investments| |||||£| |Valuation in 2023||||(20,108)| |Cost||||40,430| |||||20,322| |**MOVEMENT IN FUNDS**||||| ||||Net|| ||||movement|At| |||At 1.4.22|in funds|31.3.23| |||£|£|£| |**Unrestricted funds**||||| |General fund||59,180|(28,552)|30,628| |**TOTAL FUNDS**||59,180|(28,552)|30,628| |Net movement in funds, included in the above are as follows:||||| ||Incoming|Resources|Gains and|Movement| ||resources|expended|losses|in funds| ||£|£|£|£| |**Unrestricted funds**||||| |General fund|21,042|(47,904)|(1,690)|(28,552)| |**TOTAL FUNDS**|21,042|(47,904)|(1,690)|(28,552)| |**Comparatives for movement in funds**||||| ||||Net|| ||||movement|At| |||At 1.4.21|in funds|31.3.22| |||£|£|£| |**Unrestricted funds**||||| |General fund||56,520|2,660|59,180| |**TOTAL FUNDS**||56,520|2,660|59,180| ## **7. MOVEMENT IN FUNDS** continued... Page 7 **GADDESBY VILLAGE HALL** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2023** ## **7. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: ||Incoming|Resources|Gains and|Movement| |---|---|---|---|---| ||resources|expended|losses|in funds| ||£|£|£|£| |**Unrestricted funds**||||| |General fund|9,561|(9,638)|2,737|2,660| |**TOTAL FUNDS**|9,561|(9,638)|2,737|2,660| A current year 12 months and prior year 12 months combined position is as follows: |||Net|| |---|---|---|---| |||movement|At| ||At 1.4.21|in funds|31.3.23| ||£|£|£| |**Unrestricted funds**|||| |General fund|56,520|(25,892)|30,628| |**TOTAL FUNDS**|56,520|(25,892)|30,628| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: ||Incoming|Resources|Gains and|Movement| |---|---|---|---|---| ||resources|expended|losses|in funds| ||£|£|£|£| |**Unrestricted funds**||||| |General fund|30,603|(57,542)|1,047|(25,892)| |**TOTAL FUNDS**|30,603|(57,542)|1,047|(25,892)| ## **8. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2023. Page 8 **GADDESBY VILLAGE HALL** |**Detailed Statement of Financial Activities**||| |---|---|---| |**for the Year Ended 31 March 2023**||| ||31.3.23|31.3.22| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Donations|5,000|-| |**Other trading activities**||| |Hire of hall|15,143|8,305| |**Investment income**||| |Other fixed asset invest - FII|899|1,256| |**Total incoming resources**|21,042|9,561| |**EXPENDITURE**||| |**Raising donations and legacies**||| |Rates and water|651|561| |Insurance|674|625| |Light and heat|2,547|2,295| |Postage and stationery|30|26| |Sundries|2,063|1,676| |Repairs & Maintenance|41,939|4,455| ||47,904|9,638| |Total resources expended|47,904|9,638| |**Net expenditure before gains and losses**|(26,862)|(77)| |**Realised recognised gains and losses**||| |Realised gains/(losses) on fixed asset||| |investments|(1,430)|-| |**Net expenditure**|(28,292)|(77)| This page does not form part of the statutory financial statements Page 9 ## Gaddesby Village Hall Income and Expenditure Account and Funds Statement for the year ended 31st March 2023 |March 2023||| |---|---|---| |Income:
Hire of Hall
Hire to Pre-School
Miscellaneous
Melton BC Grant
Dividend from BNY Mellon
Dividend from M&G Charifund
Distribution Schroders
Expenditure:
Council Tax
Gas
Electricity
Water
Repairs and Maintenance
Cleaning
Insurance
Performing Rights Society
Postage and Stationery
Rural Community Subscription
Miscellaneous
Excess of Income over expenditure
Increase/ (Decrease) in value of investments:
BNY Mellon
M&G Charifund
Schroder / Cazenove Charity MAF
Increase/ (Decrease) in Funds
Funds at 31 March 2022
Funds at 31 March 2023
Represented by
Investments:
BNY Mellon
M&G Charifund
Schroder / Cazenove Charity MAF
Cash at bank
Petty Cash
Total Assets at 31 March 2022|2023
3,143
12,000
23,999
317
176
406
40,041
159
1,158
1,389
492
41,939
1,704
674
273
30
86
47,904
-7,863
-260
-13,222
-7,208
-28,553
59,180
30,627
14,392
0
5,930
20,322
10,285
20.72
30,627|2022
1,335
6,970
298
520
438| |||9,561| |||81
1,153
1,142
480
4,455
1,466
625
132
26
60
18| |||9,638| |||-77
1,367
942
428| |||2,660
56,520| |||59,180| |||14,652
13,046
12,732| |||40,430| |||18,729
20.68| |||59,180| ## Gaddesby Village Hall Income and Expenditure Account and Funds Statement for the year ended 31st March 2023 ## Notes: - 1 No value is included for the property asset of the Village Hall. - 2 The initial cost is unknown and no current valuation has been made. - 3 Dividends from BNY Mellon are distributed as cash. - 4 Dividends from M&G Charifund and Schroders (Cazenove) are accumulated into funds. - 5 The valuation of the Schroder Investment is taken from a statement dated 31 March 2023. - 6 All income and expenditure has been checked to either a third party voucher and/or internally produced memorandum. - 7 All year end financial balances have been checked to statements provided by the bank or financial instituion and the Petty Cash balance agrees with the Petty Cash account. ## Independent Examiner's report on the accounts to the Trustees of Gaddesby Village Hall I report to the Trustess on my examination of the accounts of Gaddesby Village Hall for the year ended 31 March 2023. ## Responsibitilies and basis of report: As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act"). As Examiner I report in respect of my examination of the Trust's accounts carried out under the Act and in carrying out my examination, I have followed the Directions given by the Charity Commission under the Act. ## Independent Examiner's statement: I have completed my examination and I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in any material respect, the accounts did not accors with the accounting records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ## Sarah Davies Gaddesby 06 June 2023 **REGISTERED CHARITY NUMBER: 256084** **Report of the Trustees and** **Unaudited Financial Statements** **for the Year Ended 31 March 2023** **for** **GADDESBY VILLAGE HALL** **GADDESBY VILLAGE HALL** ## **Contents of the Financial Statements for the Year Ended 31 March 2023** |||**Page**|| |---|---|---|---| |**Report of the Trustees**||1|| |**Independent Examiner's Report**||2|| |**Statement of Financial Activities**||3|| |**Balance Sheet**||4|| |**Notes to the Financial Statements**|5|to|8| |**Detailed Statement of Financial Activities**||9|| **GADDESBY VILLAGE HALL** ## **Report of the Trustees** ## **for the Year Ended 31 March 2023** The trustees present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of 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). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The object of the charity is the provision and maintenance of a village hall for the use of the inhabitants of the Parish of Gaddesby without distinction of political, religious or other opinions including use for meetings, lectures and classes and for other forms of recreation and leisure time occupation with the object of improving the conditions of life for the said inhabitants. ## **FINANCIAL REVIEW** During the period the trustees received gross income of £40,041 wholly from investments, donations and hire of the village hall. Administration expenses amounted to £47,904. At the 31 March 2023 the charity held net assets of £30,628 against which there were no outstanding commitments. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 256084 ## **Principal address** 28 Park Hill Gaddesby Leicestershire LE7 4WH ## **Trustees** C N Rose J Hayton A Kansagra C E A Morgan S D Evans J C Strange W A Lee Approved by order of the board of trustees on ............................................. and signed on its behalf by: .................................................................... W A Lee - Trustee Page 1 **Independent Examiner's Report to the Trustees of Gaddesby Village Hall** ## **Independent examiner's report to the trustees of Gaddesby Village Hall** I report to the charity trustees on my examination of the accounts of Gaddesby Village Hall (the Trust) for the year ended 31 March 2023. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Sarah Davies Date: ............................................. Page 2 **GADDESBY VILLAGE HALL** ## **Statement of Financial Activities for the Year Ended 31 March 2023** |||31.3.23|31.3.22| |---|---|---|---| |||Unrestricted|Total| |||fund|funds| ||Notes|£|£| |**INCOME AND ENDOWMENTS FROM**|||| |Donations and legacies||5,000|-| |Other trading activities|2|15,143|8,305| |Investment income|3|899|1,256| |**Total**||21,042|9,561| |**EXPENDITURE ON**|||| |Raising funds||47,904|9,638| |Net gains/(losses) on investments||(1,690)|2,737| |**NET INCOME/(EXPENDITURE)**||(28,552)|2,660| |**RECONCILIATION OF FUNDS**|||| |Total funds brought forward||59,180|56,520| |**TOTAL FUNDS CARRIED FORWARD**||30,628|59,180| The notes form part of these financial statements Page 3 **GADDESBY VILLAGE HALL** ## **Balance Sheet** ## **31 March 2023** |||31.3.23|31.3.22| |---|---|---|---| |||Unrestricted|Total| |||fund|funds| ||Notes|£|£| |**FIXED ASSETS**|||| |Investments|6|20,322|40,430| |**CURRENT ASSETS**|||| |Cash at bank and in hand||10,306|18,750| |**NET CURRENT ASSETS**||10,306|18,750| |**TOTAL ASSETS LESS CURRENT**|||| |**LIABILITIES**||30,628|59,180| |**NET ASSETS**||30,628|59,180| |**FUNDS**|7||| |Unrestricted funds||30,628|59,180| |**TOTAL FUNDS**||30,628|59,180| The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: ............................................. W A Lee - Trustee The notes form part of these financial statements Page 4 **GADDESBY VILLAGE HALL** **Notes to the Financial Statements for the Year Ended 31 March 2023** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2. OTHER TRADING ACTIVITIES** ## **3.** |**OTHER TRADING ACTIVITIES**||| |---|---|---| ||31.3.23|31.3.22| ||£|£| |Hire of hall|15,143|8,305| |**INVESTMENT INCOME**||| ||31.3.23|31.3.22| ||£|£| |Other fixed asset invest - FII|899|1,256| Page 5 continued... **GADDESBY VILLAGE HALL** **Notes to the Financial Statements - continued for the Year Ended 31 March 2023** ## **4. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022. ## **5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |||Unrestricted| |---|---|---| |||fund| |||£| ||**INCOME AND ENDOWMENTS FROM**|| ||Other trading activities|8,305| ||Investment income|1,256| ||**Total**|9,561| ||**EXPENDITURE ON**|| ||Raising funds|9,638| ||Net gains on investments|2,737| ||**NET INCOME**|2,660| ||**RECONCILIATION OF FUNDS**|| ||Total funds brought forward|56,520| ||**TOTAL FUNDS CARRIED FORWARD**|59,180| |**6.**|**FIXED ASSET INVESTMENTS**|| |||Listed| |||investments| |||£| ||**MARKET VALUE**|| ||At 1 April 2022|40,430| ||Disposals|(19,848)| ||Revaluations|(260)| ||At 31 March 2023|20,322| ||**NET BOOK VALUE**|| ||At 31 March 2023|20,322| ||At 31 March 2022|40,430| Page 6 continued... **GADDESBY VILLAGE HALL** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2023** ## **6. FIXED ASSET INVESTMENTS - continued** There were no investment assets outside the UK. Cost or valuation at 31 March 2023 is represented by: |||||Listed| |---|---|---|---|---| |||||investments| |||||£| |Valuation in 2023||||(20,108)| |Cost||||40,430| |||||20,322| |**MOVEMENT IN FUNDS**||||| ||||Net|| ||||movement|At| |||At 1.4.22|in funds|31.3.23| |||£|£|£| |**Unrestricted funds**||||| |General fund||59,180|(28,552)|30,628| |**TOTAL FUNDS**||59,180|(28,552)|30,628| |Net movement in funds, included in the above are as follows:||||| ||Incoming|Resources|Gains and|Movement| ||resources|expended|losses|in funds| ||£|£|£|£| |**Unrestricted funds**||||| |General fund|21,042|(47,904)|(1,690)|(28,552)| |**TOTAL FUNDS**|21,042|(47,904)|(1,690)|(28,552)| |**Comparatives for movement in funds**||||| ||||Net|| ||||movement|At| |||At 1.4.21|in funds|31.3.22| |||£|£|£| |**Unrestricted funds**||||| |General fund||56,520|2,660|59,180| |**TOTAL FUNDS**||56,520|2,660|59,180| ## **7. MOVEMENT IN FUNDS** continued... Page 7 **GADDESBY VILLAGE HALL** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2023** ## **7. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: ||Incoming|Resources|Gains and|Movement| |---|---|---|---|---| ||resources|expended|losses|in funds| ||£|£|£|£| |**Unrestricted funds**||||| |General fund|9,561|(9,638)|2,737|2,660| |**TOTAL FUNDS**|9,561|(9,638)|2,737|2,660| A current year 12 months and prior year 12 months combined position is as follows: |||Net|| |---|---|---|---| |||movement|At| ||At 1.4.21|in funds|31.3.23| ||£|£|£| |**Unrestricted funds**|||| |General fund|56,520|(25,892)|30,628| |**TOTAL FUNDS**|56,520|(25,892)|30,628| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: ||Incoming|Resources|Gains and|Movement| |---|---|---|---|---| ||resources|expended|losses|in funds| ||£|£|£|£| |**Unrestricted funds**||||| |General fund|30,603|(57,542)|1,047|(25,892)| |**TOTAL FUNDS**|30,603|(57,542)|1,047|(25,892)| ## **8. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2023. Page 8 **GADDESBY VILLAGE HALL** |**Detailed Statement of Financial Activities**||| |---|---|---| |**for the Year Ended 31 March 2023**||| ||31.3.23|31.3.22| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Donations|5,000|-| |**Other trading activities**||| |Hire of hall|15,143|8,305| |**Investment income**||| |Other fixed asset invest - FII|899|1,256| |**Total incoming resources**|21,042|9,561| |**EXPENDITURE**||| |**Raising donations and legacies**||| |Rates and water|651|561| |Insurance|674|625| |Light and heat|2,547|2,295| |Postage and stationery|30|26| |Sundries|2,063|1,676| |Repairs & Maintenance|41,939|4,455| ||47,904|9,638| |Total resources expended|47,904|9,638| |**Net expenditure before gains and losses**|(26,862)|(77)| |**Realised recognised gains and losses**||| |Realised gains/(losses) on fixed asset||| |investments|(1,430)|-| |**Net expenditure**|(28,292)|(77)| This page does not form part of the statutory financial statements Page 9