SPELDHURST ￿LLAGE HAIL FOUNDATION
REPORT AI¥D ACCOUNTS
FOR THE
YEAR ENDED 31 DECEMBER 2021
THE SPELDHURST VILLAGE HALL FOUNDATION
IS A CHARITY REGISTERED WITH THE
CHARITY COMMISSION (ENGLAND & WALES) HAVING
REGISTERED CHARITY IYUMBER 287945

SPELDHURST VILLAGE HALL FOUNDATtON
REPORT AND FOR THE YEAR ENDED 31 DECEMBER 2021
CONTENTS
Page
Ttwstees, Report
Risk A￿eSsMent
Statem¢nt of Truste￿. Responsibilitics
Ind¢pend¢nt Examiner's Report
Statement of Financial Activities
io
Balance Sheet
li
Cash Flow
12
Notes to the Accounts
13
Name and of the charity:
Speldhurst Village Hall Foundation
St Mary's Lane
Speldhurst
TN3 OPR
Registered Clwity Number.
287945
Santander plc
Brtdle Road
Bootle
erseysid¢
L30 4GB
Honorary Jndq)endent Examiner.
Mr S Pocock FCCA
BSR Bespoke
Chartered A(xountants
Linden House
Lindell Close
Tunbridge Wells
Kent
TN4 811H

SPELDEIURST VtLLAGE HALL FOUNDATION
REPORT AND FOR THE YEAR ENDED 31 DECEMBER 2021
TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2021
OBJECTIVES OF THE CHARITY
The charity was established as an unincorpornted trnst by a declaration of t￿￿t dated 30 April 1966.
under which land w&8 trdnsfeETed to the charity out of the village allotment land for the purpos¢s of
building a villag¢ hall. using money T8ised by public fimdraising. Under the Trust De￿ the Hall is
to be used by the inhabitants of Speldhurst and the neighiN)urhood without distinction of sex. sexual
orientation, age, disability, nationality. Tace or political. religious or other opinions, including use of
the hall for meetings. Rectures and classes or other forn￿ of re¢r￿tion aDd leisure tim¢ occupation in
the interests of social welfare and with the objective of improving the conditions of life for those
inhabitants.
TRUSTEES AND GOVERNANCE
The trust deed sets oui that the management committee shall consist of 5 elected members. 14
appointed members and up to 4 Co￿pted members. The appointed members are appointed by the
r¢l¢vant Speldhutst Village bodies set out below. All managcment ￿)MMIttee members are Truste¢s
and hold office for one year and may be re*lected at each AGM.
The TNstees held office from l January 2021 to the dat¢ of this rqyorL unless Otherwi￿ stated
below. were:
Re-Elected Members
MT C Mann (Maintenance)
Mr D Turner
Mr P Tew (Treasurer)
MTS K Bowles
Mr Ryan Kuvertz
Appointed Members
Mrs N Rees (St Mary's ChuT¢h)
Cllr R Ellery (Speldhurst Pati5h Council)
Mrs P Carter {Librdry}
Mr A Ford (Flower Show)
Mr M Oddy (Allotmenls)
Mr N Burgess {S¢outs)
Mrs S Oddy (Guides)
Mr S Renton (St Mary'5 Lane Residents) until 7
October 2021
Mr T Shoebridge (War Games Society)
Mr l Goodsell (Speldhurst Village School)
ulltil 7 October 2021
Mr D Giannini (Men's Club)
Mrs L Bischoff { Fete ) until 7 October 2021
Mr E Wesson (Recreation Ground)
Mr M Hamwing (Fete and St Mary's Lane
Residents} from 7 October 2021
Mr L Hodgkinson (Speldhwst Village
School) from 7 October 2021
Emma Arniour (Footsteps Dance Academy)
from 7 October 2021
Mr D Turner acted as the Chairnian of TTUStees from l Jalluary 2021 to the date of this repx)rt.
A management group runs the Village Hall on a day to day basis. Thc members of this group are the
Chairman for the time being- Mr D Turner. Mr C Mann. Mr P Tew. Mrs S Oddy. Mrs K Bowles
and Mr T Shoebridge.
The trust I￿8 no fortDal policies and procedures for the induction and training of Trustees.

SPELDHURST VILLAGE HALL FoifNDATION
REPORT AND FOR THE YEAR ENDED 31 DECEMBER 2021
The trustees present their Report and Accounts for the year ended
31 December 2021
The accounts have been prepared in accordance with the accounting policies set out in note I to
the accounts and comply with the ChaTities Act 2011 and"Accountillg alld Reporting by
Clwities: Statement of Recommended Prdctice applicable to cbarities preparing their accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102) (effective l January 2015).
PUBLIC BENEFrr STATEMENT
In setting our objectives and planning our activities. the T[￿￿eeS have given careful
consideration to the Charity Comrnission's generdl guidance on public benefit an( in
particular, its supplementary bcncfit guidance on fee charging. The Foundation fulfils its public
benefit duty by providing the facilities set out in the paragraph below headed 'X)bjectives and
Activities". 5ettiThg the hire charges for the Hall, the charges have been set so that Users
offering public benefit io those living in the area pay a reduced tariff compared to commercial
and private users. The overall objective of income from hire charges is to enable the Trustees
lo meet the annual n￿￿illg costs of the Hall. Expenditure that doe5 not forni part of the regular
nmintenance of the building has in the past been covered by donations from village fundraising
events. The T￿￿teeS consider that their hire cljarge policy meets the Deed of future users of the
Hall as well as Qu￿ent users.
OBJECTIVES & AcfiviTIES
The continuitig aims of the Trustees is for local r¢sidents and voluntary groups in the area to be
able to enjoy the facilities of the Village Hall for their meetings and activities.
ACHIEVEMENTS AM) PERFORMANCE
The Hall been used during the year by groups represented by the T￿￿te¢S and by village
residents and others for private functions.
The activity levels at the Hall during the year have once again been very severely impacted by
Covid 19 both in tern)s of the Government l(Kkdown periods when we have bad to limit usage
in accordance with Gov¢rnrnent regulations or wbere users bave, quite understandably, been
reluctant to organise events even when they have legally been able to do so.
We have n￿intaIned the extra cleaning and sanitisation measures that were introduced in 2020
to eiisure that the Hall has been safe for those users who were able to use it. We have been
open at all times when it was legally p)ssible to be Ope￿ In particular the Nursery has operated
throughout the ye8T.
The major works we undert¢)ok during the year was the refurtiishment of the toilets which had
become rather tired. We took the opportunity to introduce bands tree taps which not 0￿Y
reduces water usage but also reduces the spread of bacteria and vIn￿eS from person to petson.
We received 2 gr￿t frotn Speldhur5t Parish Council towards these works. Details of the costs
of this are set out in the Financial Report below.
Finally. the TTUStees would like to thank the Management Team for all their hard work during
a challenging year. We would also lik¢ to that& Jenny Cooper. who stlM)d down as

SPELDHURST VILLAGE HALL FOUNDATION
REPORT AND FOR THE YEAR ENDED 31 DECEMBER 2021
athninistrator during the year. for all her hard work and we would like to welcome Sam Van
NeikerL her repla¢¢mellL
FINANCIAL REPORT
Running of the Hall
The Hall Foundation's income comes principally from hall hire income. donations and grdnts.
Total hire and income for 2021 was £20.481 (2020 - £18.836) an incre&se of £1,645 or 8.70/0
compared to last year. Regular wer income for 2021 was £17,880 {2020- £16.794) an
increase of £1.086 or 6.5°k compared to last year. One off user income for 2021 was £2.601
(2020- £2,042) an increase of £599 or 27.40/9 ¢ompared ¢0 lasl year. Event income for 2021
was £270 (2020- £1.244) a decrease of £974 or 78.30/0 ciympared to 1&8t year. Income levels
have continued to suffer from Covid Iwkdowns and users reluctance to return to pre pandemic
booking levels. Activity levels have started more strongly ai the beginning of 2022.
Running Costs for the Hall, excluding depreciatio￿ totalled £38.344 {2020 - £26.497) an
increase of £l1.847 or 44.7 /0 compared to last year. These costs included £10.775 in rwect of
the refiwbishment of the toilets (2020 - £5,331 for the works on St Mary's tAne and the Hall
¢ntrance). Depreciation on the hall and r¢lated assets was £11,059 (2020 - £11,596) broadly
equivalent to last y¢8r. The nllming costs are incurred in the nec&qsary operdtion and
maintenance of the Hall and in the administrats.ve support associated with dealing with hirers
and suppliers.
Cleaning costs. in particular. have increased signifjcantly since last year reflecting a greater
amount of time the Hall h&$ been open and being used.
Grant8 and donatlons
Grants and donations received during the year were £16.418 {2020 - £18.596). We received
Business Support Grants of £16233 (2020- £12,763) from Tunbridge Wells Borough
Council in respect of the Governvnent Coronavirus lockdown perio(L4 and restart grdnts. We
receiv￿ £5.000 from Speldhutst Parish Council toward5 tbc cost of rcfurbishing the toilets. Jn
2020 other grants and donations included £3.250 from the village fete and £2,400 from
Speldhur5t Parish Council towards the St Mary's Lane and Hall cntrallcc works.
Surplus
The net deficit for the year was £7.097 (2020- SU￿luS of £823) and arises after depreciation
charged on the Village Hall and related assets. Excluding depreciation the surplus was £3,692
(2020- £12,419). The net result for both 2021 and 2020 is as a consequence of receiving the
£16,233 (2020 - £12,763) of grants from Tunbridge Wells Borough Council and keeping
nmning costs under control comme￿urate with the reduced levels of hall hire and event
income.
Net assets
The Hall and related fixed assets were £335,152 (2020- £346.210) with thc reduction of
£11,059 being the depreciation ¢haTg¢d in the Y￿r.
Cash funds were £61 J77 (2020 - £52.408) an Incre￿ of £8.969 or 17.lts/o principally
reflecting the surplus for the year excluding depreciation as adjusted by some other movements

SPELDHURST VILLAGE HALL FOUNDATION
REPORT AND FOR THE YEAR ENDED 31 DECEMBER 2021
in working capital. Within cash fimds is an investment bank deposil account of £23.175 (2020-
£23,040) which is held on a l(K> day notice accounL As a consequence of the Tunbridge Wells
Business Support Grdllts and the decision to Teduce costs in 2020, the financial health of the
Hall Foundation remains vy solid despite the significantly reduced hall hire and event in¢ome
in both 2020 and 2021.
Designated C8plt*l Development Fund
This Fund waq set up in 2(K15 to provide for non-regular items of expenditure necessary to
ensure that the Village Hall and contents are maintained to a r￿st class standard. During the
year ihe donations of £5.000 from Speldhurst Parish Council were added to the Fund and
expenditure of £10.775 arising from the refithislllnent of the toilets was ¢harg¢d to th¢ Fund.
A further £500 was transferred into the Fund. The balance of the Designated Capital
Development Fund ai 31 December 2021 was £1 1.128 (2020- £16.403).
RESERVES, POLICY
It was agreed by the Trustees in January 2006 to mainlain a generdl reserve fund at a level
representing six months, runnin8 Costs. The G¢neral Fund at 31 December 2021 amounted to
£47,142 which is in exce&s of six months rutmitig costs based on 2020 expendkture. However
the Trustees continue to consider it Prudent to maintsin the General Fund at current levels
because of the continuing wicertain economic climate aDd the i[D￿t it might have on hire fees
and ￿nnIng costs.
FUTURE PLANS
We will Continue to ￿ co￿￿]0US of costs activity levels incre&se to ensure we re￿Jai￿ in 2
satisfactory financial position. There is planned work on the radiaiors and the flU0￿ent tubes
in the kitchen and we will consider what fiuther maintenancelupgTa&s are required over the
summer months.
RELATED PARTY TRANSAcfioNS
There were no related party transactions which took place with Truslees other than one trnstee
who was reimbursed expenses that bad bccll incurred on behalf of the Foundation.

SPELDHURST VILLAGE HALL FOUNDATION
REPORT AND FOR THE YEAR ENDED 31 DECEMBER 2021
RISK ASSESSMENT
The Management Committee continues to monitor risks regularly and receives updates of any
major ¢hat]ges via thc Health and Safety Executive. All regular user gtDups are instrncted lo
carry out their own risk assessments.
There are fllvdn¢ial procedures in place for handling cash and for authorising, approving and
paying for items of expenditure.
An insurance policy is in place.
Approved by th¢ Trustees on 24 March 2022 and signed on their behalf by
Mr D Turner
{Chalrman)

SPELDHURST VILLAGE HALL FOUNDATION
REPORT AND FOR THE YEAR ENDED 31 DECEMBER 2021
TRUSTEES, RESPONSIBILITIES
The Trustees ar¢ responsible for preparing the Report and Financial Sthtements in
ac¢ordance with applicable law and United Kingdom Accounting Standar(ts. Charity law
requires tbe Trustees to prepare financial staiements for each financial year which give a tsue
and fair view of the state of affairs of The Foundation and of its incornillg resources and
application of resour¢¢s, including income and expenditure, for that period. In doing so the
TnJst¢¢s are required to:
select suitable accounting policies and then apply them consistently.
observe th¢ methods and principles of the Charities. SORP.
make judg¢rnents and estimates that are reasonable and prudent.
• state whether applicable accountin8 Standards and statements of recommended
practice have been followed, subject to any departures disclosed and explained in the
financial slatements- and
prepare ihe financial statements on the going concern basis unless it is inappropriate
to presume that The Foulldation will ¢ontinu¢ in operation.
The Trustees are responsible for keeping accounts.ng r￿OrdS which disclose with reasonable
¢uracy at any lime the financial position of The Foundation and which enable them to
ascertain the financial position of The Fowidation. They are also r&qponsible for safeguarding
the assets of The Foundation and hetKe for takillg re&sothle step5 foT the prevention and
detection of fraud and Oth￿ irregularities.
Insofar as the T￿st￿8 are aware. there is no relevant inforn)ation of which The Foundation's
indq>endent examiner is unaware. and the T￿￿teeS have laken all stq)s that they ought to have
taken to make themselves aware of any relevant information and to estsblish that the
indepcndent exaD]iller is aware of that infonnatio
The Trustees are resp)nsible forthe maintenwKe and integrity of the cor￿te fina￿181
infommtion illcluded oll the charity's website.

SPELDHURST VILLAGE HALL FOUNDATtON
REPORT AND FOR THE YEAR ENDED 31 DECEMBER 2021
II¥DEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE
SPELDHUKST VILLAGE HALL FOUNDATION
I report to the tn￿teeS on My examination of the accounts of the above charity ("the Hall
Foundation") wÉth charity number 287945 for the year ended 31 December 2021 set out on
pages 10 to 18.
Re5pon$ilTrilities and basts of report
As the charity's trLLSte¢& you are responsible for the preparation of the accounts in acc4)rdance
with the requiremcnts of thc Charities Act 2011 (-the Act").
I report in resiKrt of my cxaminknon of the Trust's accounts carried out under section 145 of
the 2011 Act aDd in ca￿Ying out my examination. I have followed all the applicable Directions
given by the Clwity Commissioo under section 145{5)Ib) of the Act.
Independent examiner's statement
I have compleled my examination. I confirni that no nuteTial matters have come to my
attention itL COt]nection with th¢ eXami￿tIon which gives me cause to believe that in, any
material r&spect:
the accounting records wer¢ not kepl ij) with section 130 of the Charities
the accounts did not accord with the accounting records" or
the accounts did not comply with the applicable requirements concerning the fonn and
content of accounts set out in the Chan"ties (Accounts and Reports) Regulations 2￿8
other than any requirement thai the accounts give a 'tnJe and fair. view which is not a
matter considered &s part of an independent examination.
I have no concems and have come across no other matters in connection with the
examinatiotL to which attention should be drawn in this report in order to enable a pr(wcr
understanding of the accounts to b¢ r￿hed.
Mr S Pocock FCCA
BSR Bespoke
Chartered AccoutLtaDts
Linden House
Linden Close
Tunbridge Wells
Kent
TN4 8HH
24 March 2022

SPELDHURST VILLAGE HALL FOUNDATION
REPORT AND FOR THE YEAR ENDED 31 DECEMBER 2021
STATEMENT OF FINANCIAL AcfiviTIES
2021
2020
IUIF
Totsl
Notes
INCOME FROM
Gronts *)d th)natioTh
Charitable a¢tivities
Hall hire incomc
Event income
Investments- bank interes¢
IU18
21J18
11763 5.833
18,596
2WI
270
136
20h81
170
136
18836
1.244
239
18.836
1.244
239
TOLII i1￿)tne
37J05
33,082 5,833
38.915
EXPENDrruRE ON
Charitable activitie5
Vi112ge Hall c05t5
Management and
administration
Q3,7•21 (1•.775) 111059) 145536}
116.840} 15 J311 1115961 {33.7671
13167)
4.325
Totsl exptDdtd
(27J691 (10,Tr5) IIIW59} 149AI}
{21.165} {5J311 111.5961 {38,(Y921
Net Intome l (eipetyd5ture)
ISTIS) 11105* (7J19¥}
502 111.5%)
823
Transfers be￿¢en fimds
(5001
S(X)
Net movement Ill
9A16
(5375) 1llJ59> {7•981
1.fy)2 111,5961
823
Fund5 at l January 2020
37J97
16812 346210 4W19
26.480 15.410 357.806 399,696
Futtds at 31 Deeember 21121
47.133
11,137 335.JS1 391421
37.897 16,412 346210 400.519
means Unr¢stri¢ted Funds
URDF Means Unrestricted Designatsj Funds
means Restricted Funds
The notes on pages 13 to 18 forni part of these accounts.
io

SPELDHURST VILLAGE HALL FOUNDATION
REPORT AND FOR THE YEAR ENDED 31 DECEMBER 2021
BALAI¥CE SHEET
2021
2021
2020
2020
Notes
FIXED ASSETS
Village Hall
Furnithre and equipment
333.669
344,077
2,133
335,152
346210
CURRENT ASSETS
Debtors and prepayments
Investments (deposit accounts)
Cash at bank
1241
23,175
38202
4.471
23.040
29.368
CURRENT LIABILITIES
Creditors and accruals
(4J48)
(2,570)
NET CURRENT ASSETS
58370
54J09
TOTAL NET A&SETS
£ 393.421
£400,519
FUNDS
Unrestricted Fund$
General Fund
Unrestricted Designated Funds
47.142
37.905
16,403
5&270
54,308
Re$tricled Funds
Hall Fund
Contents Asset Fund
Sound System Fund
334.928
223
345,337
642
232
335.151
346,211
£ 393.421
£400.519
Approve
by the Tr￿￿teeS on 24 March 2022 and signed on their behalf by:
Mr D Turner
(Chalrman)
The notes on pages 13 to 18 forni part of thes¢ accounts.

SPELDHURST VILLAGE HALL FOUNDATION
REPORT AND FOR THE YEAR ENDED 31 DECEMBER 2021
CASH FLOW STATEMENT
Totsl
Funds
Total
Funds
2021
2020
Cash floiys from operating aetivities:
cash providedby/(usedin) operaling Adiviti
8.140
Cash flowi from investing activities:
Addition ¢ofLYed sssets
DivideniLFfrom inl¢resl
(o)
(o)
(o
C*$h flows from operating and investing activihes
8,140
Casb and eash equivalents at l JaDUVdry 2020
29J68
21228
Cash #nd cash equivalents at 31 December 2020
38
Cash in hand
Ballk cutTent a¢wunts
Bank dep)sit accounts (no notice)
38202
29,368
Totdl ctxsh and cash equivalents
38
02
29,368
Note: Th¢ investmeni de￿>Sit account rq)resents cash at
bank on a 100 day notice account which consequently is
not treated as cash and cash equivalents
Reconcillatlon of net income l (expendilure) to net cash
flow from operating activities
Net income / (expenditUTe) for the year as per the
Siatemenl of Fitiancial Activities
Depreciation of fixed assets
Inierest from investments
(Increase) / d¢¢rease in debtors
Increase l (decrease) in creditors
(7,1197)
11,059
(136)
3330
823
11,596
(239)
(3.320)
720
Net cash provided by l (used in) operatlng aedvltles
8,140
The notes on pag¢s 13 to 18 forn] part of these accounts.
12

SPELDHURST VILLAGE HALL FOUNDATION
REPORT AND FOR THE YEAR ENDED 31 DECEMBER 2021
NOTES TO THE FINANCIAL STATEMENTS
ACCOUNTING POLICIES
A￿OUnting Convention
The accounts have been prepared under the historical cost convention and in accordance with
applicable accounting standards, the Charities Act 2011 and with Statement of Reconjmended
Prnctice Accounting & Rep)rting by Charities (FRSI 02).
Incoming Resources
Donations and fimdraising income are credited to the Statement of Financial Activities when
received. Hirlng income. grants. pl¢dg¢d income and interest receivable are credited on an
accruaIs b&8is with hiring income representing income for events which take place in the
fmancial year. Coronavirus Business Support Grdnts from Tunbridge Wells Borough Council
are credited in the lockdown period to which they relate.
Resourc￿ Expended
Expendi￿re is debited to the Statement of Financial Activities on an accruals b￿lS so costs
reflect the usage of services undertaken in the financial year.
Depreciation
Depreciation is provided on a straight line b&8iS to write off the cost. less estimated residual
values of r￿ed asseL8. over their expected lives using the following rates:
Village Hall
Furniture and Equipment
2/0 per anniun
IIW/o per annum
13

SPELDHURST VILLAGE HALL FOUNDATION
REPORT AND FOR THE YEAR ENDED 31 DECEMBER 2021
GRANTS AND DONATtONS
Unrestrided Restrieted
Funds
Funds
Total
2021
Total
2020
Speldhurst Fete
Speldhurst Parish Council
Speldhurst Flower Show
Speldhurst Pram Race
Tunbridge Wells Borough Council
Other
3,250
2.400
16233
185
16233
185
12,763
183
21,418
21.418
18,596
The Fele, Flower Show and Pram race did not tske place in 2020 as a consequence of the
Covid PaDd¢mi¢ and accordingly no donations were received in 2021 from the Su￿luseS from
thes¢ events. A donation of £3250 was received in 2020 from the surplus of the 2019
Speldhurst F¢t¢. A grdnt of £5.(M)O was received in 2021 from Speldhurst Parish Council
towards the cost of refurbishing the Village Hall toilets. Grants in 2020 from Speldhurst PaTi8h
Council comprised £1,400 for the tarmac outside the main entrance to the Village Hall and a
rtber £l.000 for the repairs to St Mary's Lane. Business support gtznts and a restart grant of
£16.233 (2020 - £12,763) were obtained in rwt of the year frorn Tunbridge Wells Borough
Council as part of the UK Government's support aTrdngements where premises were required
to Glos¢ to certain activities in the Covid lockdowns in 2021 and 2020.
14

SPELDHURST VILLAGE HALL FOUNDATION
REPORT AND FOR THE YEAR ENDED 31 DECEMBER 2021
DIRECT CHARITABLE EXPENDrruRE
Unrestricted
FuDds
Restricted
Funds
Total
2021
Total
2020
VS114ge Hall costs
Telephone and broadband
Repairs and renewals
Caretaker services
Cleaning and refuse collection
LighL heat and water
Insurance and perfomlance licence
General expenses
Fire arAd safety equipment
Postage, ststionary and office supplies
Website and systems costs
Event costs
Paypal ch￿geS
Depreciation
557
12,296
2.575
9.272
5J42
2J26
1,615
466
35
24
(32)
557
12,296
2575
9272
5,342
2,326
1,615
466
35
24
(32)
503
6,641
2.120
5.891
1,723
1.608
83
102
337
523
(o)
11,596
11.059
11,059
Total
34.476
11.059
45.535
33.767
Management atKI admirllstrdtion
3,867
3,867
4,325
Tothl expenditure
38J43
11.059
49,402
38.092
Repairs and renewals in 2021 include £10.775 in respect of the refU￿lshment of the toilets. A
grant of £5.000 was re¢eii'¢d from Speldhurst Parish Council and is sbown ill note 2 above.
Repairs and renewals in 2020 include £5.331 in relation to the tamiac and repaiTS to St Mary.
Lane and the entrance to the ffjaill entrance to the Village Hall. This cost is net of £1,797 of
reimbursements from St Mary's Lane residents and the Speldhurst Recreation Ground for their
share of the ro5L
15

SPELDHURST VILLAGE HALL FOUNDATION
REPORT AND FOR THE YEAR ENDED 31 DECEMBER 2021
TANGIBLE FIXED ASSETS
Village
Hall
Furniture &
Equipment
Total
COST
Cost at l January 2021
Additions
520,421
48.213
568.634
Cost at 31 December 2021
520,421
48213
568ffi34
DEPRECIATION
Balance at l January 2021
Charge for the year
176J44
10.408
46.080
650
222,424
11.058
Balance at 31 Decemb￿ 2021
186,752
46,730
233.482
NET BOOK VALUE AT 31 DEC 2021 333.669
1.483
335,152
NEf BOOK VALUE AT 31 DEC 2020
344.077
2.133
346,210
Additions in the y¢aT were chairs for us¢ in the Hall.
DEBTORS AND PREPAYMENrs
2021
2020
Prepaymcnts
Ac¢rued in¢om¢
1.018
3.453
Total
1241
4,471
All debtors and prepayments are recoverable in or relaie to the next y¢aT. A¢¢rned income in
2020 includes £2,763 relating to CoronaVi￿S Business sup￿￿ Grdllts received in 2021
relating to 2020 lockdown periods.
CREDITORS AND ACCRUALS
2021
2020
Acerued charges
Deferred income
Hire indemnity deposits repayable
3076
72
2.012
408
150
Total
2,570
16

SPELDHURST VILLAGE HALL FOUNDATION
REPORT AND FOR THE YEAR ENDED 31 DECEMBER 2021
ljan
2021
31 Dec
21b21
tncome Expenditure Transfer5
Unrestricted Fulld8
Gelleral Fund
Designated Capital
D¢v¢lopment Fund
37.906
37,305
(27,569)
(500)
47,142
16.403
{10,775)
5Crf)
11,128
54J09
42,305
(38.344)
58.270
Restrieted Funds
Hall Asset Fund
Contents Asset Fund
Sound System Fund
345.336
642
232
(10,408)
(419)
(232)
334,928
223
346,210
{11.059)
335.151
41KI.519
42,305
(49,403)
393,421
Unrestricted Funds
These represent fimds thai can used for the general PuTp(￿S of the charity:
General Fund- covets the generdl rulllliDg costs of the Hall.
Designated Capital Development Fund- this fund has been created from certain donations to
provide for non-regular items of expendiDJre necessary to ensure thxt the Hall and contents are
maintained to a first cl&ss standard.
The cost of the resurfacing the Hall floorlng has been Charg￿ to the Designated Capital
Development Fund during the year.
Restrleted FuDds
These represent fi]nds that have tr> be used as specified by the donors.
Hall Asset Fund- this represents the net book value of the Hall
Contents As3etFund- thi5 represents the n¢t book vaIue of Hail contents over the value of £2W.
Sound Syslem Fund- this represents an amount equivalent to a grant received from SpeldhurJt
Parish Council towards the cost of the sound system and is being written off over 10 years in line
with the depreciation charged on the sound system.
Restricted fim&8 aTe Tedu¢¢d by the depreciation on the Hall and related assets.
17

SPELDHURST VILLAGE HALL FOUNDATION
REPORT AND FOR THE YEAR ENDED 31 DECEMBER 2021
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Fund balan¢es at 31 December 2021 are represented by..
Unrestri¢ted
Fund5
Restricted
Funds
Totsl
Funds
Fixed asscts
Debtors and accDJed income
Investments ( deposit accounts)
Casb at Bank
Creditors and accruals
335,152
335,152
1241
23,175
38,202
(4J48)
1241
23.175
202
(4J48)
58270
335.152
393.421
FfNANCIAL INSTRUMENTS
The Hail Foundations financial instruments are its debtor4 cash { including investment deposit
accounts ) and creditors. The ￿dit risk involved in these financial instrLunents is low ( the
cash is covered by the FSCS guardlltre sth¢m¢). The fair value and book vaJu¢ of financial
instnunents is the sanle.
10 TRANSACTIONS wrrH TRUSTEES
No trustee receives remuneration or any benefits from the Foundation. Trnstees received £579
(2020 - £304) in reimbursement of expenses incurred in the running of the charity and were
invoiced. on the same tern)s and conditions as applies to bookings lo other than to Trustees, £0
(2020- £0) for use of Village Hall facilities. Similarly close relatives of Trustccs were
invoiced, on the same ternis and conditions as applic5 to bookiDg5 to othcr than to Trustees. £0
(2020- £30) for use of Village Hall factltties.
18