2025-12-31-accounts - Langford Budville Village Hall Fund

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Langford Budville Jubilee Hall Trustees’ Annual Report June 2026

Annual Report for 2025 - 26

This is the Annual Report for the Hall. It was also presented at the open meeting of the Parish Council in May 2026.

Financial performance

In the year to December 2025 income from hire was £24k (2024: £20k) with sundry income from Budvue, the bar, events and bank interest contributing a further £4k (2024: £6k). Ordinary expenditure was £20k (2024: £22k). The ordinary surplus for the year after depreciation was £8k (2024: £3k). We have though expensed the surfacing works described below which has taken this surplus to a £4k deficit in the financial statements.

The bank balance at the end of December was £36k (2024 £47k) which includes £7k “belonging” to separate funds comprising Bowls, the Community Fund and the History Fund.

Capital works

Two capital projects were completed during the year:

Surfacing the courtyard between the Hall and the bank with asphalt (£12k). This work was an unfinished element of the construction of the Hall from 2012 and will mean that the area can be used more flexibly and safely both for events and by regular users, including for example the baby and toddler group. The work was carried out by Gales during the half term break and they kindly also did some work on the drive to surface one of the worst areas.

Installing a solar energy & battery combination on the Hall roof (£9k). This work was sized to the Hall’s current electricity usage and permitted export capacity (which is small because it has a single phase supply). Trustees reviewed quotations from several national and local suppliers and chose Somerset Renewables, a north Somerset company. We have designed in a switch such that the system’s battery can be used to power the Hall during outages. The battery is a modest 10kWh so would be used primarily for lighting and for charging electrical devices.

Bookings

Events

Café Plus continued to be the major ongoing community event and took place monthly through the Winter months. Other community-facing events include the Budvue cinema, the Friendship Circle and the Jazz club.

In September we held a lunch to celebrate the contributions of the early Trustees who did so much over a great number of years to bring the Hall to life. In particular, we were able to thank Keith and Lynne Moore who guided the project through consent, funding, construction and the early years with their myriad teething problems.

The Community Fund

The Hall continues to manage the Community Fund. Successful applications during the year were made by the School and by the Church and also to the parish in support of the 20 is plenty campaign.

Trustees, key holders and helpers

Very sadly our Treasurer, Mike Grabham, died in May after a long battle with illness. In addition to being a cheerful and calm presence, Mike was also very active in the bowls group and will be much missed by many people.

During the year Margaret Brown, our secretary and bookings administrator stepped down after many years of service to the Hall. We have been very lucky that Pat Webb stepped forward to fill her shoes as bookings administrator. Regular bookings remain healthy and the Hall remains a popular venue for childrens’ parties and evening events.

We also said goodbye to David Brown who stepped down alongside Margaret at the 2025 AGM. More recently, we have welcomed Nick Mitchell as a new Trustee.

Imogen Chetter and Naomi Connorton have taken over cleaning responsibilities at the Hall whilst Charlie Roffe-Sylvester continues to act as groundsman.

We cannot operate without our Trustees, keyholders and supporting staff. I am really grateful to all of them. In common with the other groups in the village, the Hall contributed to a call for volunteers in the most recent edition of Roundabout. We would be very happy to see new faces.

Michael Huntingford, June 2026

Clwiry regLStr31ioii iiuniber: 287714 Langford Budville Village Hall Fin¢]l StdivnrnL% for the Year Ended 31 DeL"ellir 2025

LANGFORD BUDVILLE VILLAGE FL4LL CONTEPUS Iiidependeiii eXnIt]er'S rep)n Statennt ot financial activities BalanLe Sheet Notes to tbe fmancial statennis 4t08 Tbe f(Trllvwing P<i¥e d5 llOI forn) P£irt of the %1dlUtory fitwicial stateii*iits: C£ Z I1]LuIi dnd expeIidiwre accouni

INDEPENDENT EL41¥llNER'S REPORT TO THE TRLTSTEE OF LANGFORD BUDVILLE IILLAGE HALL I rewiri oil the acLOUIllS Ot Ihe Laiigfiird BudVe Village Hdll for the year ended 31 Deceiither 2025 wlllcli are ser our oil pagves ? 10 8. Reswinsibililies alld basis of re)rt A% the clrI[) Irustee is are reswiLsible for rhe preparatioii of the accounts in aLLordance with the requireiiieiiis L)t Ihe Chdrilies ALt ?011 Illie Acii. I rep)ri in re.4peci of iii)'- exaiiiina(ion of ilie Lwigfnrd Budville Villagie Hall's aLLouiI15 carried out ulider seciioii 145 ot ihe ?011 Aci and in carrying oui iii). exaiiiinaiioii I have tollow'ed all Ilie appliLable Direciions given bJ ihe Chariry. Coinnlission under seciion 14i15iibi of Ihe Ac(. Indendent Examiner'sstatement I have c()ii)plefed iiij ex1]inal10n. I confirn) rhat no nurerial ii]auers have coiiE to niy alleiitioii in coiinecrioii wirli ihe exaniiiuiion gii'iiig ille cause io lIeVe (liai in ]}. Imierial respeci- aLLibuiifiiigT records were llOI kept in re%peLt of Ldngf()rd Budville VillagTe Hall as required by seciion 130 ot Ihe Charilies ALI. or Ihe aLLounls do iiot accord with ihose records. or Ihe aLLounts do iioi Liiiiwly with Ihe &lLL()ulliiI)g requireI)nIS coiicerning the fonii dnd coiiteihi ot acLOUlllS sei oui in Ihe Clwifies IALLI)Ul)fs Rep()rrs i RegTulJli()11% 28 oilier than dliy requireii)eiir Ihdt Ilie acLOUIilS gil'e a 'true and fair view, wliicli is iioi a ii]auer considered as pari uf i1epende11[ eX1)i1110n. I have iio coiicerns and have Co1 across iio oiher Iiut(ers in coillieciioii witli Ilie exaiiiii)atioii 10 wlllcli a(teiiiion sliould be dra'n lli this retxTrrt in order 10 ellable a proper uiiderstaiidiiig ot rhe dLLoullis to be redLhed. NigThel Bett ICAEW 30 Bear Streei BARNST APLE Devuii EX32 7DD 29 April 2026 P&igie I

LANGFORD BUDVILLE VILLAGE FL4LL STATENIEPU OF FINANCIAL ACTINITIES FOR THE YEAR ENDED 31 DECEIIIBER 2025 Total Funds 2025 Total Fun(Ls 2024 Unreslricled Iksignaled Funds Fun(is Note Yncoming resources liiLI)iiiiiigv resi)urces troni ¥eiJerdled funds V()luiirarJ incoii]e Toidl incoiiiiiig resources ?7.067 ?7.067 1.375 1.375 ?8.447 28,442 25.996 25.996 Resources eipended Cosls ot ¥eiieialiiigT tunds Cusls ot gvener31llig voluiitary incoine Toial resources exnded 31.415 31.415 971 971 32.386 32,386 23.689 23.689 LU co J Nei nK)Ve1 in funds 4J48) 13.9441 2.307 Reconcilialion of funds Toial fui)ds bri)u¥Ylii forward Toidl funds Larried forward 637.948 633.dK) 6.319 6.7?3 644.?67 641.9(rf) 644.?67 All inconiing resources and resources expeiided derive froniLiiiiiiI)uiI)g aciivities. Tlie clriry has no recngnii%ed gdins or losses for ihe year oiher (han Ihe resulis above. The iloies on pages 4 10 8 forn) an integryal part of these financul stateii*iits. P&igie 2

LANGFORD BUDVILLE VILLAGE FL4LL BALANCE SHEET AS A T 31 DECELIIBER 2025 2025 2024 Note Fixed assels TdiigFible asseis 3.913 597.708 Current assets Cash dr bdnk dnd in hand 36.410 46.559 Net assets 640.323 644.267 The funds of the charitv: Designated fun(15 Unrestricted funds Ule(filled incoii]e tuilds 6.723 6,320 633.(rfK) 637.947 Total chariti funils 640.323 644.267 These aLLounts were approved bj Ibe Trusiee on 29 April 20?6 M D L Huiiiiiigf()rd Trustee Tlie iM)les on pages 4 10 8 forni an iiiiegYal pan of (hese titwicial suleil1]is. P&igie 3

LANGFORD BUDVILLE VILLAGE FL4LL NOTES TO THE FINANCIAL sfATELIIENfs FOR THE YEAR ENDED 31 DECEI¥IBER 2025 l AccouwfiNG K)LICIES Basis of preratIOn The finanLidl stsieiiIl1S hdve en prepared lll &lLLorddllLe iiiitli tlie seLoiid edilioii of tlie Cliarifies Sidieiiieiit ot Recomn*nded PrdLliLe issued lll (k'10r 2019. rlie FinaiiLldl Rep()riii)¥ Sidiiddrd dppliLdble in Ilie United Kii)gdi)11) IFRSIO? i Ilie Cliarilies ALI 2011. Going concern These tinanLial stateiilents have been prepared on a going concern basis. Fund accounting wlici. ules[riC(ed inco1 funds are general funds (hai are available tor use ai Ihe trusiee's discretioii in furtheranLe of ibe ()bRctives of Ibe Llurity. Re%lricied tunds are Ihose donaled tor use in a parriLuliir area or for .%Lif]l pufFrt)%e%. the use ot whiLh is reslriLied 10 Ihdt area or purp().%e. Further details of eaLh tund are disLlosed in lloie 8. Resources exnded Liabilities are recognised as soon as there is a legal or construLtive i)bligaiii)11 cnii]11]iitllig the clri1 10 Ilie expeiiditure. All e.1]diture is &lLLOUlllvd tOT on ali aLLTuals basis and lias been cldSSjtied uiider heddingT% Ihdt <ig¥rvgTdte dll costs reldted 10 Ilie 1¥1)rY. Costs of ¥eiierdfing, funds are Ihe cosrs a55ted with &irtr&lLliJ)g vi)lui)tdry iiicoine. Deprecialion tkpreLidlii)Ii is pr()i'ided on tiii¥ible fLxed assets so as 10 wrile off the cosi or valuatioii. less ai)y esilliuied residual value, over their exlled useful econoinic life as follows: Fixtures, firtiiigs and eqUipnli[ 15(% reducing balanLe basis P&igie 4

LANGFORD BUDVILLE VILLAGE FL4LL NOTES TO THE FINANCIAL sfATELIIENfs FOR THE YEAR ENDED 31 DECEI¥IBER 2025 Collftiiued 2 VOLUNfARY INCOl¥tE Unrestricted Designated Funds Funds Total Funiis 202) Total Fun(Ls 2024 DotLitions and legacies Bar Iiicoli troiii eveiits Hiringi tees Budvue cineil VH Bo.IS tund Hi%l()ry tund Ci)ii)Iiiuiiify' fund liitere51011 Lash dewsiis 2.027 23.559 2.027 23,559 2.277 20,153 826 1,997 18 i(K) 625 25,996 1,314 1,314 61 61 497 28.44? 497 27.067 1.375 P&igie 5

LANGFORD BUDVILLE VILLAGE FL4LL NOTES TO THE FINANCIAL sfATELIIENfs FOR THE YEAR ENDED 31 DECEI¥IBER 2025 Collftiiued 3 TOTAL RESOURCES EXPENDED Total Direct costs Ei.'eiits e.ndIture Bar stOLk dnd %upplies Hire hall e.e5 Budwe cinenll exse8 CI)11)ILiuiiify fund VH Boii'ls tund Pr()perry" repair Wdler rdtes Lig,lii, heat and >Wer 11)surai)Le Grounds nuintenance Equipli1)I repairs dnd Tenewals T¥lepl)iiiie dnd tdx Prinriiig, pwrage dnd staiioiiery LiLenLees dnd %ub%Lripiii)n Hall supplies and cleaniiig Depreciaiion ot equip11]][ tiuiiigs 238 947 1,170 1,218 581 628 2.441 1,013 1.845 281 552 619 4.673 2.497 32.386 4 TRUSTEE'S RElUNERATIoN.ND EXPENSES Tbe trustee did iioi receive dll) Tenwneration during the ye<lr. 5 NET (oufGOING}IINCOllllNG RE5uRCEs Net (nuigoingiiincnniingresources is siaied after charging: 2025 2024 tkpreLiaiii)n ot owned asseis 2.497 1,402 P&igie 6

LANGFORD BUDVILLE VILLAGE FL4LL NOTES TO THE FINANCIAL sfATELIIENfs FOR THE YEAR ENDED 31 DECEI¥IBER 2025 Collftiiued 6 TANGIBLE FIXED ASSEIS Freehold interest in land and buildings Fiitures, fittings and equipment Total Net book Tralue A% ai l Jdiiuarj. ?025 Addilions As at 31 tkL'ei1trr ?025 589.761 14.880 8.702 23.)82 604,641 8.702 613.343 589.761 Deprecialion A% ai l Jaiiudr) 2025 Clurge tor the year As ai 31 December ?025 6,933 2.497 9.430 6,933 2.497 9.430 Net book Tralue As dl 31 D¥L'eii]t*r 2025 As ai 31 Decenther 20?4 i89.761 89.761 14.152 7.947 603.913 i97.708 P&igie 7

LANGFORD BUDVILLE VILLAGE FL4LL NOTES TO THE FINANCIAL sfATELIIENfs FOR THE YEAR ENDED 31 DECEI¥IBER 2025 Collftiiued 7 RELATED PARTIES Controlling entiti. Tbe Llldriry is Lonirolled by Ibe trusiee. 8 ANALYSIS OF FUNDS Atl Janu2n' 20 At31 Incoming Resources December resources elnded 2025 Genernl Fun(is UlesriC(ed inconle fund 637.948 27.(kn7 131.41)) 633.61K) Iksignated Fun(15 Sliori IiKai bowls fund Ci)iiJiiuiiiry- fuiid Hisiorj fuiid 5.036 562 7?1 6J19 1.314 61 1581} (3(A)I 5.769 233 721 6,7?3 1.375 1971) &M.267 28.412 132.3861 640.323 9 NET ASSETS BY FUTrID Unrestricted Design2ted Total Fullds Total Funds Fun(Ls Fun(Ls 202> 2024 T]¥1b1e assets Current dsseis Nei assets 13.913 30,0 634.IK)3 603.913 36.410 .3?3 597.708 46.559 644.?67 6J?O 6.3?0 P&igie 8

LANGFORD BUDVILLE VILLAGE FL4LL DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE AR ENDED 31 DECEMBER 2025 2024 Income Bar Incon troni evenls Hirlligv fees BUde cineina VH Buwls tund Hi%l()rJ' fund C()IlllllUllilJ' fund liiieres1011 Ldsh dep)%its 2,027 23,559 984 1,314 2.277 20,153 826 l.W7 18 100 625 ?5.996 61 497 E¥Id1(ure Ei'enls expeiiditure Bar stiKk dnd supplies c£ z Budvue cineina expenses VH Bowls tund Hire hall expenses C()iiui)ui)ity tund Pri)perty repairs Wdler rdtes Ligl)t, hedt dnd wer 111surai)Le Gr()uiids IiiainieiuiiLe Equip1]11[ repairs dnd Tenewals Telephniie dnd tax PriliTin, wsrage aiid stationery LiceiiLees aiid subsLripiii)ii Hall supplies dnd Lledning Depreciatioii ot equipiitnt dnd tittings 238 947 1,218 i81 1,170 390 13,287 628 2,411 1,013 1,845 281 552 1.233 845 981 268 6.013 601 2.470 1,056 1.965 1,391 504 619 4,673 2,497 32,386 (3,944) 676 3,(K)3 1.402 23.689 2,307 Net surplus This P&ige does llOI forn) Pilrt of rbe %1dmf(iry fitwicul state111]. P&igie 9

Clwiry regLStr31ioii iiuniber: 287714 Langford Budville Village Hall Fin¢]l StdivnrnL% for the Year Ended 31 DeL"ellir 2025