2023-08-31-accounts

HARDWICKE VILLAGE HALL COMMITTEE

Registered Charity No. 279925

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2023

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 2023, 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: 25 June 2024

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HARDWICKE VILLAGE HALL COMMITTEE

STATEMENT OF FINANCIAL ACTIVITIES

For the year ended 31 August 2023

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 Waste disposal Insurance Salaries and wages Accountancy Licences Telephone and internet Legal fees Cleaning Website hosting Bank charges Sundry expenses Total resources expended Net incoming resources Total funds brought forward Total funds carried forward	2023 £ 43703 25 - 43728 7382 10385 417 3994 1046 1449 10264 900 846 901 30 3771 - 366 - 41751 1977 468697 470674	2022 £ 44585 1 2667 47253 9193 9858 715 4001 877 1348 9426 800 1156 - - 2900 - 550 - 40824 6429 462268 468697

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HARDWICKE VILLAGE HALL COMMITTEE

BALANCE SHEET

31 August 2023

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	2023 £ 433000 433000 500 - 34447 5060 - 40007 2173 37834 160 470674 470674 470674	2022 £ 433000 433000 500 - 42734 5035 - 48269 11452 36817 1120 468697 468697 468697

The financial statements on pages 2 to 6 were approved by the Village Hall Committee through electronic communication on 25 June 2024

Chairperson

D Powell

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HARDWICKE VILLAGE HALL COMMITTEE

NOTES TO THE FINANCIAL STATEMENTS

31 August 2023

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	2023 £ 3 10264 - 10264	2022 £ 3 9426 - 9426

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HARDWICKE VILLAGE HALL COMMITTEE

NOTES TO THE FINANCIAL STATEMENTS (CONTD)

For the year ended 31 August 2023

4. Tangible fixed assets

Cost or Valuation At 1 September 2022 Additions Disposals At 31 August 2023 Depreciation At 1 September 2022 Charge for year Disposals At 31 August 2023 Net book amount At 31 August 2023 At 31 August 2022	Leasehold land and buildings £ 433000 - - 433000 - - - - 433000 433000	Equipment and Furniture £ 12756 - - 12756 12756 - - 12756 0 0	Total £ 445756 - - 445756 12756 - - 12756 433000 433000

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 2023 5. Stock 2023 £ Bar and cleaning stock 500 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 13 Parish loan 960 Accruals and deferred income 1200 2173 8. Creditors - amounts falling due after one year Parish loan 160 Accruals and deferred income - 160

2022 £ 500 - - - - 12 960 10480 11452 1120 - 1120

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

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