Memorial Ilall ChArity Refereve AdminBtr*tiv¢ Iktaib For 01.09.23 10 31.08.24 Cbarity Number 271461 Truste Higham Parish Council Registered Addre Higham Memorial Hall Sehooi Lane Kent ME3 7JL Banker and Investrn¢Dt Manager The Co Omive Bank IBusines5) POBox250 SkelmeTsdale WN8 6wr IDdepeadent Euminer
Higham Memorial Hall Charity 271461 Trustees Annual Report For Year 01.09.23 to 31.08.24 The Trustees of Higham Memorial Hall Charity 271461 ptEsent tbeir report together with the unaudited financial statements for the year &s quoted above. The Tnte¢S have adopted provisions of the Statement of recommended Praciiee {SORP) 'Accounting And Repontng by Charities, (FR5102) in preparing this annual report & financial 51aleTncnts. Charlty Trnstees Solc Corporatc Trustee - Higham Parish Council Appoint¢d 8 November 2023 Objectives and Ayms Th¢ main obj¢ctive of the Charily is the magement of the Village Hall for the irthabitants of the Parish of Higham. Objectives, strategies xnd 2ctlvltks The Trustees would like to say thank you to the regular hiTaS of the Hall for iheir COTllTnitrnent & support to ensuring that Ihe Village Hall stays a hub of thecommunity andthank you toihe voluntea5 that enable the Village Hall to smooihly. Hirers include Dog Training, Zumba. Yoga: Bowls and HIARA. whilst evenings during tenn time are fillcd with Brownics, Youth Club, Bcavcr5. Cub5 and Scouts. Weekends include TTain Shows, Guinea Pig Shows. Private Events and Community Events. Without the HiTeTS and the volunteeTS. the hall would not be able to run - so you. Public Bener The Trustees confirn) that they have complied wilh ihe requirements of Se¢iion 4 of the Charities A 201 I to have due reg8rd to the public benefit guidance pubttshed by the Charity Commission (for England and Wales). Use of Volunteers Thc Charity uscs volunteers in order to meet its charitablc objwtivcs. Financial Revlew - Policy on Re5erve5 It is the Trnstces view that it is prudent lo ensure ihat there are sufficient free reselves to pffTrvide financial flexibility and to enable ibe Charity to meet ils commitments as they fall due. However, £1932 of funds have been 'Testricted' or marked by Tntee& to crcate a PToject fund for replacing the floor. This is an ongoing pn)ject to happen once enough funds have been accrned. Flnanclal Review - Investment Pollcy and Objecdves The are no spccific restrictions on invcstmcnt POWCTS as conferred by the TNSI Deed.
Strlldur< GoverDanee and Man*gcffjent Governing Doewnent Th¢ Higham Memorial Hall Clwity 271461 is an UDinry>rated c1)ty r¢gistCT¢d with the Charity Con)mission in England and Walcs. The Governing D(Kumcnt is the Tn Dc¢d dafrd July 1974 and as anllded on 8 Novemkn 2(Y23. Induetion and Training of Thistees TTUStees have free access to all athiviti¢5 lo aL8ure that they are fully aware of the activities 8nd tnethots of the Tnt. Mxjor risks alld mAllag¢mrnt of those risks The Trustees have &8sessed the major risks to which the Ch8rity is exw)se ad are satisfied that systems & controls are in place lo mitigate the Charity's eX[#)su to risks. Flnancixl IDStrrdmettts Objeelives and Policie8 The chIty'S activities exp)se it lo a number of rInTraI risks such &$ but not limited to credit risL cash flow risk and liquidity risL The 8¢ of financial derivativ¢s is govuned by the Clwity's pIIi¢Aes and approved by the Tn5. which provide written pricniples on the of fo¢la1 derivativcs to manage the Thsks. Thc cbarity docs not use deriative fiDancial Instru for sEw]altiv¢ pwp)ses. The Annual Rert approved by the Tru&ees of the Charity and sigDed on its behalf by Siw]ed Name Jts14N EQL"I Date a z+10612025
Hlgham Memorlal Hall (Charity 271461) Statement of Financial Activities Including Income & Exptndltsre for the Year Ended 31 August 2024 Unrestri¢ted Funds £ Restritted Funds £ Total 2024 £ Total 2023 £ Ineome frtsm: Charitable Activities Letlings Donarion5 35.823 299 1.932 37.755 299 24,842 Income from other trxqliug activitks Fundrdising events 255 Other income Grants / Government Grdnts Interest Receivable Tolal Income 253 253 93 190 38 Expenditure on: Wages and Salaries Ront and Rates Insurance Indepcndcni ExamincTS Fee Light and HEat T¢l¢phon¢ and Fax Stationary and Printing Repairs and Renewals Legal and Professional Licences and Subscriptions Depreciatio Di5P05al on land and buildings lease expenses Sundry Expenses 4.406 l.(K)8 4,406 1.008 845 3,378 1,007 941 618 2,937 78 190 13,704 5,374 494 12 8,127 137 8.127 137 11.521 11,521 494 12 494 12 3,483 221 3,483 221 3,060 Totsl Expenditure 30 Net incomel(expendlture) 6.121 1,932 8,053 Net movement RD funds Reeoneillatlon of Fund5 Total funds brought forward 24.151 24,151 Total funds cArried forviard 30 All income and expenditure a from continuing a¢tiviti¢s. This Statement of fmancial activities includes all gains/(losses) during 01.09.23 - 3 l.08.24
Ighxm Memori21 Ilall (Charity 271461) BalaD¢e Sbeet as of 31 Augmsl 2024 2024 2023 Tangible Assets 335 68 68 Current knets Prepayments Cash at Bank (and in hand if applicable) AS OF 31.08.24 929 31.570 968 23,733 Creditors: amounts falling due within one year 630 618 Net CurrentAssets 31.869 Totsl Assets less current LibilitKs 32 04 24 151 Net kn¢ts 32 04 24 151 Charity Fullds Re•trirtd Funds 932 UDr¢Jtri¢ted Funds 30 Tot1 Ch•rity Funds 204 These financial d(Kuments {that should be Te&1 as a whole) wtte approved and authorised for issue by th¢ Trustees of the Higbam Memorial Hall (Chatity 271461) Signed Date 21 la£)25
Hlghm Memorial (Charity 271461) Addition1 Sttement of F&•wl#l Aelivieies Including Ineome & ExpenditsTe for the Yr Ended 31 Aupst 21)24 2023 £ HmDg / Letiing Furthising DDnatioDs Interest Received on Savings 37.755 24.842 255 299 253 93 from Charilable Activities 2023 - £25.097 of which £Nil was restricted 2024 - £37.755 of Nvhich £1.932 is restrictal lkne restricted fimds have been ear marked for specific projects- Hall flooring l•depMtht Eumintrx R¢Muoerti•D No indent Examiners Remuneration has been paid in th¢ y¢ar clIng 31 August 2024. It stsId b¢ noted for year endin8 31 August 2025 11 IK 2 indent exami remunerntions to do both financial y% A tsDgible fixed &ss¢t register is king creat ITh¢ (kfmition of a tangible fixd asset b¢in& th¢ 7ht IK)Iding &ts that aTC pbysiLxI in natsre and are cgAib1e by touch). Cornput¢r Equipment Fixed As*ts at Hall Totsl 01.(Y).2023 68 291 359 31.024 291 359 Charge for Ye4r (12) (12) (12) At 31 AW 2924 Cww¢d to At 31 A•t•s¢ 2023 56 279 335
Hlgham memori H*ll (Charity 271461) Notes to th¢ of Financial Statemnts for the Year Exde4131 Augwt 2024 D¢blorJ 2024 £ 2023 £ Prepan¢ts Total 929 929 968 Prepayumits are expense5 that ate paid in adva¢ tK)t yd ]Urro C1&8sified as an asset rdther acknowledged on the Iorne slalement. (Yearly maintenance contrncts) Credltors amounts hlliDg due v4ithiD l yr Accruals Totsl 630 630 618 618 Debt that is owed to Credito i.e. r¢fimdable dwits for EAJ)kin8S Unrestri¢ted Funds Funds that are availabl¢ foT any in connection with Ilr Clwity 271461 Restrieted Funds Funds that are specifically alJo¢a¢ed for a use with the Clwity 2024 Restricted Funds for Hail Flooring 1,932
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner s Report AIGHAM rtEMoiziAL 31 Au&Kr E02 AL Charlty no (11 •ry) ond 271MGI clwity Tnrf) Y0eNl3 1 / op J2024. Ro8p(mlbllltbos and As the clwity trustees the are r6SFsite for the weparation 111 (Ih8 Acr). I repcyt n respect crf my exanina1 of Ihe Trusys accounts carfted (Krt urthr sectth 145 of the 2011 Act in earyirYJ my examirolion, I f(AYffll ts appknab DK)n$ giv by thè Clwty CCMI&S1on urKter section 145(5Mb) the ACL Independent I tmve comF4eted my eXatI. I ccrfwm that rK) m8tsrtal mattèrs examlnerfs statement come to My atten1K ") in conn8ctln with tr examlnalkn) whkh gv85 m8 cse to bthe trAt tn. any material the Act the do IKrt ac¢(d wlth aCC(W reccyts I have rK> Co8m5 and kne come cfjs other matters in conTcti with the examinatic to wlKh att6nlk)n SpId b8 draNn In order to anable 8 proper undwarKliNJ the a¢¢wts to be reache(L brackets (k) appty. sned. Jlfr-6-25. qualffication(s) or body l anyl: Address: .5ection B 0isc10511re Onty comth rf examw reats to wig matters L* ¢(ThMn (see CC32. examiws). ER OCtor 2018
Glve hffe brlel thlalls of examiner WISh to IA IER Octobor 2018