2020-08-31-accounts

HARDWICKE VILLAGE HALL COMMITTEE

Registered Charity No. 279925

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2020

INDEPENDENT EXAMINER'S REPORT

To the Trustees and members of Hardwicke Village Hall Committee

I report on the accounts of the Charity for the year ended 31 August 2020, which are set out on pages 2 to 6 .

Respective Responsibilities of Trustees and Examiner

As the charity's trustees you are responsible for the preparation of the accounts: you consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.It is my responsibility to examine the accounts under section 145 of the Charities Act; to follow the procedures laid down in the general directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and to state whether particular matters have come to my attention.

Basis of Independent Examiner's Report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a true and fair view and the report is limited to those matters set out below.

Independent Examiner's Statement

In connection with my examination, no matter has come to my attention

1. which gives me reasonable cause to believe that, in any material respect, the requirements

2. to keep accounting records in accordance with section 130 of the Charities Act

3. to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Charities Act

4. have not been met; or

5. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Name: D Horgan Relevant professional Chartered Accountant qualification or body: Address 11 Penny Close Longlevens Gloucester GL2 ONP Date: 30 June 2021

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HARDWICKE VILLAGE HALL COMMITTEE

STATEMENT OF FINANCIAL ACTIVITIES

For the year ended 31 August 2020

Incoming resources Hall activities including bar sales Interest received Grants received Total incoming resources Resources expended Hall activities and bar purchases Light and heat Water rates Repairs and maintenance Ceiling refurbishment Waste disposal Insurance Salaries and wages Accountancy Licences Depreciation Training and courses Legal fees Cleaning Website hosting Bank charges Sundry expenses Total resources expended Net incoming resources Total funds brought forward Total funds carried forward	2020 £ 36956 2 15227 52185 7572 5476 1045 3526 - 551 1327 15728 825 976 1130 180 - 2405 - 889 - 41630 10555 442399 452954	2019 £ 56362 2 2250
		58614 8324 4883 3593 1749 16527 877 1320 18098 775 1336 1130 408 2718 2843 681 686 -
		65948
		-7334 449733
		442399

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HARDWICKE VILLAGE HALL COMMITTEE

BALANCE SHEET

31 August 2020

Notes Fixed Assets Tangible assets 4 Current assets Stock 5 Debtors 6 Bank current account Bank deposit account Cash in hand and bar float Creditors: amounts falling due 7 within one year Net Current assets Creditors: amounts falling due 8 after one year Net assets Funds General reserve Total funds carried forward	2020 £ 433577 433577 500 - 18422 5034 - 23956 1539 22417 3040 452954 452954 452954	2019 £ 434707
		434707 1000 - 19213 5030 500
		25743 2360
		23383 4000
		454090
		449733
		449733

The financial statements on pages 2 to 6 were approved by the Village Hall Committee through electronic communication on 30th June 2021

Chairperson D Powell Treasurer D Morris

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HARDWICKE VILLAGE HALL COMMITTEE

NOTES TO THE FINANCIAL STATEMENTS

31 August 2020

1. Accounting Policies

Basis of accounting

The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note to these accounts. The accounts have been prepared in accordance with the Statement of Recommended Practice : Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and with the Charities Act 2011.

Grants

Grants are recognised in full in the Statement of Financial Activities in the year in which the charity has unconditional entitlement to the resources.

Depreciation

Depreciation of fixed assets is calculated to write off their cost or valuation less any residual value over their estimated useful lives as follows:

Leasehold buildings Nil Office equipment 10% straight line

No depreciation is provided on leasehold buildings as, in the opinion of the committee, the current market value is not less than the valuation and the buildings are fully maintained thus ensuring that any depreciation would be immaterial.

Stock

Stock is stated at the lower of cost and net realisable value. Net realisable value is based on the estimated selling price less the estimated cost of disposal.

Taxation

No provision is made for taxation as the organisation is a registered charity and is not liable to taxation on its income.

2. Employees Average number in year 3. Staff Costs Salaries Employers NI	2020 £ 3 15728 - 15728	2019 £ 3
		18098 -
		18098

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HARDWICKE VILLAGE HALL COMMITTEE

NOTES TO THE FINANCIAL STATEMENTS (CONTD)

For the year ended 31 August 2020

4. Tangible fixed assets

Cost or Valuation At 1 September 2019 Additions Disposals At 31 August 2020 Depreciation At 1 September 2019 Charge for year Disposals At 31 August 2020 Net book amount At 31 August 2020 At 31 August 2019	Leasehold land and buildings £ 433000 - - 433000 - - - - 433000 433000	Equipment and Furniture £ 12756 - - 12756 11049 1130 - 12179 577 1707	Total £ 445756 - -
			445756
			11049 1130 -
			12179
			433577
			434707

Freehold land and buildings are stated at valuation from 2001.

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HARDWICKE VILLAGE HALL COMMITTEE

NOTES TO THE FINANCIAL STATEMENTS (CONTD)

For the year ended 31 August 2020

5. Stock Bar and cleaning stock 6. Debtors Amounts falling due within one year Trade debtors Prepayments 7. Creditors - amounts falling due within one year Creditors Social security and other taxation Parish loan Accruals and deferred income 8. Creditors - amounts falling due after one year Parish loan Accruals and deferred income	2020 £ 500 - - - - 29 960 550 1539 3040 - 3040	2019 £ 1000
		- -
		-
		- 100 960 1300
		2360
		4000 -
		4000

The Parish loan is repayable by monthly instalments of £80.

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