Annual Report of The Lxverton Institute Registered No: 270325 Year: l April 2023 to 31 March 2024 Charity Instrument: Deed of conveyance dated 27 Novembcr 1886 and Charity Commission Schemes of 6 December 1927 and 19 April 1977, together with a Deed of Appointment of l December 2003. Aims of the Charity: Provision and maintenance of a Community Centre for the use of the inhabitants of the town of Westbury without distinction of political, rcligious or other opinions, including use for meetings, lectures or classes, and for other fonns of recreation and leisure time occupation with the object of improving the condition of the life of the said inhabitants. Summary of Activities: The Trust, through the Council, now has implemented a booking system to enable more use of on-line bookings and direct payments. Recently thcr¢ has been an in¢r¢ase in regular bookings for use of the Laverton as a training facAlity. Thc Trust is continuing to address the on-going maintenance programme. The Trnst has taken steps to reduce its energy costs, for example through installing LED lights and the use of an 'App' to manage usage. During the financial year thcrc have been some difficulties with the energy provider and the operation of the smart energy meter and the related invoicing by the energy provider to the Trust. This has created some uncertainty regarding the amount thc Trust may ultimately have to pay for its energy use. To manage this th¢ Trust has moved £23,885 into a reserve. During the y¢ar the Trust withdrew £15.855 from reserves to fund repairs and the new audio system. The net movement on reserv¢s was a contribution of £8,030. Policies adopted by the Charity: The Charity was maintained by Westbury Town Council during the year for the benefit of all residenls in and visitors to the town of Westbury. On l December 2003 a Deed of Appointment was
signed and sealed transferring the sole trustecship from West Wiltshire Districi Council to Westbury Town Council, which has continued to aintain the Community Centre for community leisure activiti¢s and for use as its offices. The Charity has no corresponding endowment fund and contributions have been made by the Town Council to ensure the continued future operation of the Institute. The Laverton Institute Building was revalued at £2,694,133 at September 2021. The detailed accounting records of the Trust are maintained on the Town Council's Omega Ledger, a separate bank account is operated to record income. Staff costs where appropriate are recharged from the Town Council to the Trust, Signed Date For and on behalf of Westbury Town Council The Laverton Bratton Road Westbury WiltshÉre BA13 3EN Page 2
The Laverton Instltute Statement of Financial Activities for the year ended 31 March 2024 Prior ye8r Current year Income 14,557 10,881 Facility Hire Hire via "Free Community Use" Mis¢¢llaneous Income Net bar trading in¢ome l {- expenditur?) Miscellaneous Income Insurance Claim Wesibury Town Council -rent Wesibury Town Council -grant Abraham's Kitchen External grants for Abraham's Kitchen Westbury Town Council - grant (Revenue) Grants Recesved Other Under-advan¢ed funds from WTC Total Incomlng Resourees 16,104 10,454 1,987 1,954 20,000 20,QOO 500 3,600 45,970 4,445 632 102,071 74,635 123,647 Expendltur¢ 54,508 16,028 18,994 4,445 1.605 6,231 260 Salaries Repairs and Maintenan¢¢ Services Transfer lo reserves Insurance Running Expenses Management costs Over-advanced funds from WTC Total Resources Expended 63,875 28,588 13,424 8,030 2,095 5,401 280 1,954 123,647 102,071 Statement of Current Assets at 31 March 2024 Current Assets H811 hire debtors Prepayments Under funding 93 980 1,725 -9,271 Liabilities: amounts falling due within oDe year -1,620 -7346 Net Asset% l Liabilities {_) Note IL1 2022123 £8,060 w&8 accrued for energy costs. Approved by signed on it5 behtif by Trustee Coun¢il on Page 3
Report of the independent examiner to The Laverton Institute Report on the accounts of The Laverton Institute for the year ended 31* March 2024, which are set out on pages I to 3 of the At]nual RerK)rt and Ststement of Accounts attached. Re5PKtive responsibilities oftr115tee aDd independent examiner The Charity's trnstee is PonSible for the prepardtion of the accounts. The Charity's tru5t¢e considers that all audit is not requir¢d for this year (under 5e¢tion 43(2) of th¢ Charities Act 1993 (the 1993 Act)) and that an independent examination is needed. It is my spOnsIbl1]tY to Examine the accounts (under section 43(3)(a) of the 1993 Act) Follow the procedures laid down in the Genera] DIrtionS given by the Charity Commissioners (under section 43{7Mb) of the 1993 A). and Stale whether particul matters have come to my attention. This report is made solely to the Trustee of The Laverton Institute in accordance with the Chartties Act 1993. My work has been undertaken so that I might state to the Trustee thos¢ Jnatters l an) required to in an ex&min¢T'S rcport and for no other purpose. To the full¢st extent perniitted by law. I do not accept or a8SLLme responsibility to anyone other than the Trustee of The Laverton Institute for my work, for this report, or for the opinion5 1 have forni¢d. Basis of independent examiner's report My examination was ¢aJYied out in a¢¢ordan¢¢ wtth th¢ General Direction for Independent Examination issued by th¢ Charity ComTllis5ioners. An examination includ¢s a review of Ihe accounting records kept by the Chlty and a comparison of the accounts presented with those records. Et also includes eonsideration of any unusual items or disclosures in the accounts and seeking of explanations from you as trtee conceming such matters. The procedur¢s wid¢rtak¢n do not provide all the evidence th wou]d be required if a full audii was und¢rtak¢n. and consequently I do not express an audit opinion on the view given by the accounts. Examiner s ststement In connection with my examination, no matter has come to my attention: (l) which give5 reasonable ¢ause to b¢li¢ve that in any mat¢rial res the requirements: to k¢¢p accounting r¢¢ords in accordanG¢ with S¢¢lion 41 of th¢ A¢t: and to prepare accounts which accord with the accounting records and to comply with the a¢¢ounting requir¢ments of the A¢t. hav¢ not been met. or (2) to which, in my opinion, attention should be drawn in order to enable a prok understanding of the accounts to be reached. Christopher Hatkett 19th August 2024 For and on behalf of Auditing Solutions Ltd