Headcom Village Hall Church Walk Headcorn Treasurer Re ort for the Year Endin June 30th 2024 Our income for the financial year was £139,203.81, made up of hall hire fees of £68,507.41, Art and Craft Fair fundraising of £660.96, bank interest of £2,795.07, wayleave of £9.47 and the final legacy amount of £41,106.90. We also received a grant from the Rural Prosperity Fund for £26,124 for solar panels and infrastructure to be fftled at the hall. Our expenditure was £120,526.38, lower than thè previous year of £126,797.04, however, we Continue to repair and maintain the hall to a high standard whith equated to £82,881.58. The combined assets and funds as of 30 June is £18,677.43. Current Assets include Trade Debtors of £5.467.53, Naknt Current Account £51.253.76, Naest Liquidity Manager 95 Day Account £118,133.85, Virgin Money £60,976.22, Shawbrook Bank, £55,048.91, Reood Bank £130,000, Petty Cash £1. Total Curr8nt Assèts £418,881.27. Longmeadow Hall has a balance of £3,179.78. the pr8ViOU8 year was £3,135.73, the difference being in the bank interest of £44.05. The accounts have been examined and approved by Susan Rowan FCA of Headcom, Kent. Margery Larkins.. Treasurer and Trustee for Headcom Village Hall.
Headcorn Village Hall Financial Statements forthe year ended 30 June 2024 Charty number 275006
HEADCORN VILLAGE HALL ATEMENT OF FINANCIAL AcllviTIES FOR THE YEAR ENDED 30TH JUNE 2024 Unre5trirted funds Prior year funds INCOME Hire of Hall fees received Fundraising larts & crafts fairl Legacy Grant Bank interest Wayleave 68,507.41 660.96 41.106.90 26.124.00 2.795.07 9.47 66,288.73 828.50 250.000.00 715.74 9.47 TOTAL 139,203.81 317,842.44 EXPENDITURE Cleaning materials Cleaning contractor & deep clean Waste collection Water 5,691.20 16,934. 2,533.60 934.87 6,295.87 6.977.21 4,632.91 1,637.37 62,881.58 105.(M) 321.60 1.182.60 244.80 8.266.80 1.586.97 31.{X1 2.451.30 8,140.25 2,270.31 375.30 3,732.12 4.247.18 4,344.76 786.27 88,235.93 95.00 288.00 486.26 324.28 6.378.00 4.378.08 264.00 Gas Electricity Insurance Licences & subscriptions Repairs & maintenance AdvertisinB Website hire and admin Telephone & broadband Stationery Flnance officer remuneration Administrators Accountancv 120,526.38 126.797.04 Net Income over Expendhure 18,677.43 191W.40
HEADCORN VILLAGE HALL BALANCE SHE FOR THE YEAR ENDED 30Th JUNE 2024 2024 2023 FIXED ASSErs Leashold Property Furniture and Fittings Equipment Accumulated Depreciatlon 99.00 99.00 0.00 0.00 61.140.(KI 10,954.(M) 72.094.IXI Total flxed assets 99.00 CURRENT ASSETS Trade debtors Nat West Current Account Nat West Liquidty Manager 95 Day Account Virgin Money Shawbrook Bank Redwood Bank Petty Cash 5,467.53 51.253.76 116.133.85 60,976.22 55,048.91 130.OCKI.00 5,347.26 278,279.98 0.00 60,346.78 55.000.00 0.00 1.00 Total current assets 414881.27 398,975.02 OTHER DEBTORS Longmeadow Hall Educatlon Charlty 1,584,831.00 1,584.831.00 TOTAL ASSETS 1003.811.27 1.983.905.02 CREDITORS: amounts dut wlthln one year Income re¢elved In advance Securlty deposfts held Accru315 1,098.75 220. 2.016.74 593.50 260.00 1,253.17 Total Ilabllltles 3.335.49 2,106.67 Tocal a55e15 le55 IlablllUe5 40(Kl,475.78 1,981,798.3J FUNDS OF THE CHARITY Unrestricted funds Balance at 30th June 2023 Net Income over expenditure 1,981.798.35 18,677.43 1,790,7S2.95 191,045.40 Total funds at 30th June 2024 000,475.78 1,981,798.35 The Statement of Finantial Artivities and the B3lan¢e Sheetwere approved by the Trnstee5 on 26 September 2024 and signed on their behalf by= Margery Larkins Hon. Treasurer Tim Thomas Hon. Chairman
HEADCORN VILLAGE HALL NOTES TO THE ACCOUNTS FOR THEYEAR ENDED 30TH JUNE 2024 Note I 8asls of preparatlon 1.1 Basis of accounting These accounts have been prepared under the historical c05t convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes. The financial statements have been prepared in accordance with the Financial Reprting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 and the Charities Act 2011. 1.2 Golng concem These accounts have been prepared on a going concern basi5. Note 2 Income recognTtlon All income is reco8nised once the charity has entrtlement to the Income, it is probable that the income will be received and the amount of income recerwable can be measured reliably. Note 3 Staff costs 30.06.24 8,266.80 30.06.23 6,728.00 Salaries Social security costs Pension costs (defined contribution scheme) Other employee benefit5 Total staff costs 8,266.80 6,728.00 Average number of staff The employees worked in finance and admin Note 4 Transactlons wlth trustees and related partles None of the trustees have been paid any remuneration or received any other benefrts from an employmerit wlLh Ihe Ghdrlly vr a ielated eniity in the current or prior year.
LONGMEADOW HALL INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30TH JUNE 2024 2024 2023 INCOME Bank Interest 44.05 12.60 TOTAL 44.05 12.60 EXPENDtruRE Funds Awarded NET EXPENDITURE 44.05 12.60 IONGMEADOW HALL BALANCE SHEEr FOR THE YEAR ENDED30TH JUNE 2024 Freehold Property 1,584,831.CK) 1,584,831.00 FUNDS HELD Scottish Widows Deposit Account 3,179.78 3,135.73 TOTAL ASSETS 1,588,010.78 1,587,966.73 LESS CREDITORS Headcorn Village Hall -1,584,831.CX) -1,584,831.00 NET ASSETS 3,179.78 3,135.73 ACCUMULATED FUND Balance at 30th June 2023 Exce55 of Expendr(ure over Income 3,135.73 44.05 3,123.13 12.60 Balance at 30th June 2024 3.179.78 3,135.73 The above Financial Statements were approved by the Trustees on 26 September 2024 and signed on their behalf by= Margery Larkins Hon. Treasurer Tim Thomas Hon. Chairman
INDEPENDENT EXAMINER'S REPORT Independent examlnerfs report to the trurtees of Headcorn Willage Hall and Longmeadow Hall Charlty number 2750( and 275006-1 I report to the trustees on my examination of the accounts of the above charity for the year ended 30 June 2024. Responsibilities and b3515 of report As the charivs trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111.the Acfl. I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carryin8 Out my examination I have followed all the applicable Dlrections given by the Charity Commission undef settion 145{5llbl of the Act. Independent examlnerfs statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which 8Nes me cause to belleve that in any material respect.. l. the accounting records were not kept in accordance with section 130 of the Charltles Art,. or 2. the accounts did not accord with the accountin8 records; or 3. the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities IAccounts and Report51 Regulations 2CM)8 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered part of an independent examinatM)n. 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 understandin8 of the accounts to be reached. Signed: Date: Z7 September 2024 Susan Rowan FCA 4 Gibbs Hill Headcorn Ashford Kent TN27 9UD