COBHAM VILIAGE HALL Registered Charity Number 293556 Accounts for the year ended 31" August 2021 Cobham Vlll4e Hal LEGAL AND ADMINisfRATIVE ANFORMATION Trustees Mrs M Taylor- Chair Mr P 8anks-Treasurer MrA Mair Mr M Dharamsl Address Cobham Vllla8e Hall Lushlngton Drlve Cobham, Surrey KTII 2LU Independent Ex•nlner Hlerons Consultln8 Ltd Bankers Barclays Bank plc Cobham, Surrey [2] Cobham Vllla8e Hall coNrENTS Page Contents Report of the Committee Report of the Independent Examlner Income and Expendlture statement Statement of financial activities Balance Sheet Notes to the financial statements 10-14 [3] Cobham Vllla8e Hall Year ¢￿Ied 31° A¥￿t 2021 Charity number 293556. The charity estsblished ty tn￿t deed. Prfncipal OFfice Lushin8ton Drlve. Cobham, Surrey, Kfii 2LU. Commltt¢e Mrs M Taylor- Chair Mr P Banks-Treasurer MrA Malr Mr M Dharamsl Mrs L Slvak)8anathan-Jones Mrs M Pick Mrs D Rich Mrs L Banfield Mr D Jordan Mr B Hulme Ch•lmwrfs Rewt The Vlllage Hall has once agaln had a challen8in8 year due to the impacts of the global pandemic. However due to sound financlal management and the work of the team to keep the hall open and available for use by the community, when restrrctM)ns have alk)wed, we have maintalned our posltion and are lookin8 forward to more wsitive years to come. All important malntenance has contlnued to be carrted out and the fabric of the hall Is well maintained. We continue to look at utthtin8 our governi￿ document and have progressed that further thls vear. The Commlttee has complied wtth the dirty in 5.4 charl￿ kt 2011 to have regard to the guidance issued Cobham Vlllage Hall Review of Financial Activltles In another exceptional year gNen the pandemic the hall has managed to break even wtth a Small profit1£9,540.961 and without impactin8 our cash funds at the bank or the reserve5 in the COIF. We have seen our hires return as s￿n as it Was safe to do so and indeed our variety of hirer5 and overall usage is inueasing. We continue to provide a well maintained safe environment for our community. This has been in large part due to excellent management of the hall by the team, Kate and Jenny thankyou! They have led the way in ensuring we maximise opportunities for savings throughout the year and access to funding available to charities such as ourselves and have also safely ensured the hall is back in use inline wlth government guidelines. Whilst we do not know what lies ahead this year gNes sjs confidence we are in a 5tron8 Posltion financially and as we hope to see the context'normalise. we can again return to safely lookin8 at when and how to contlnue to invest in the halls future. Objects of the Charfty The objects of the foundation shall be the provision and maintenance of a vlllage hall for the Ltrse of the inhabitants of Cobham and the neighbourhood Iherelnafter called . the area of benefiff) wlthout dlstinction ol political, religious or other oplnions, including use for meetings, lectures and classes and for other forms of recreation and leisure tlme occupation with the object of improving the conditions of life lor the said inhabrtants. ststement of the Responslbllltles ol the Commlttee Law applicable tt> charities in En8land and Wales requlres the Committee to prepare flnancial statements for each financial yearwhich 8r¥e a true and fairview of the charivs finandal activities durlng the year and of its flnanci31 posltion at the end of the year. In preparfng flnanclal statements glvlng a true and fair view, the Committee Should follow best practice and.. Selett suitable accountlng policles and then apply them conslstently,. Make judgments and estlmates that are reasonable and prudent,. State whether applicable accounting 5tandarits and ststements of recommended practlce have been followed. subjert to any departures disclosed ènd explained in the flnan¢ial statements,. Prepare the financial statements on the ongolng concem basls unless It Is inappropriate to presume that the charity will continue in operatk+n. The Committee are responsible for keepin8 accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ascertain the financial position of the charity and whlch enable them to ensure that the financial 5tstements comply with applicable regulations. The Trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable step5 tor the prevention and detection of fraud and other irregularities. Signed on behalf of the Committee: Mary Taybr Date. 151 Cobham Vtllrye HaN I report on the accounts of the charity for year ended 31° August 2021, whlch are set out on pa8es 7-14. The charitys trustees are responsible for the preparation of the accounts. The charivs trustees considerthat an audit is not required forthis year urthrsection 144 of the Charities Act 2011 (the 2011 Art) and that an independent examination is Deeded. ft 15 my responsibility to: Examlne the accounts under Section 145 of the 2011 Art To follow the procedures laid down In General Dlrections gl¥en by the Charity Commisslon u￿fer SectK>n 145 (S} b of the 2011 Art and To state whether partlcular matters have come to my attentK>n. of th• Independent EX•n￿nerS rnp￿t My examination was carrled out In accordance wlth the General Directknns grven by the Charlty Commission. An examlnation Includes a re￿W of accountiry records kept by the charity and a comparlson of the accounts p￿Sented wfth tIM)se recon1& ft also Indudes conskleration of any unusual items or disclosures in the accounts and the seekin8 of explanation5 from the trustees concernlng such matters. The procedures undertaken do not provide all the evidence that would be requlred In an audlt and consequentty no opinlon is 8lven as to whether the accounts present °a true and falr VW and reportls Ilmlted to those matters set out In the statement below. Independent Examlners slatement In connectlon with my examlnation, no matter has come to my attentk•n: l. WhFch gl¥es me reasonable cause to belith tha( in ary materfal respert. the requlrements: a. to keep accountlng records in accordance with Sectlon 130 of the 2011 Act and b. to prepare accounts which accord with the accountiTr8 records and to compty wlth the accountlnB requirements of the 2011 have ￿t been met or 2. To whkh, Sn my oplnODn. attentlon should be drawn In orderto enable a proper understandin8 of the accounts to be reached. Independent Examlner & *Aldress John Hierons Hlerons Consutting Ltd Unit 4, Vista Pla Coy Pond Business Park Ingworth Road Poole BH12 IJY 16] C(A)ham Vlllage Hall Hall letting Miscdlaneous income Furlough Grant 47.169 7.106 10241 47,169 7.106 10,241 66.828 9.113 Donatlons and fund ralslr Inter￿t received R•sourc•s •xpendod io io 64J26 442 86.383 64526 Charltable actlvltles Rent Water rates Electrldty Gas Insurance Wages Inote 101 Repairs and renewals Perform1￿ rt8hts WI-FI Depredatlon of flxed assets Post/sLitionery* comp equlp. tralnlr Telephone Web slte malntenan Bank thar8es Equlpment hlre Penslon contrlbutlons Gardenlng Refuse disposal Cleanir8 & Hall supplies Bad debts Mlscellaneous Governance costs Accountsnq (note 131 Total expendlture all It¢ms 521 )7 I￿41 2,667 1.731 33.484 2m2 521 375 1.672 2.474 3.238 1.167 36.208 20,648 1.686 1.556 91 1.155 251 432 15 896 572 2.667 1.731 33.484 2￿92 1322 274 1272 153 432 1,322 274 1,272 153 432 20 455 579 455 579 1.790 1,382 1.886 72 79378 revaluatlons Other recogn5sed Balns and losses Galnsl {lossesl arising on rwdluation Net movement In funds 9YI 9541 7,W5 9541 7,W5 F￿￿ ba&wK•s browhtfrow¥d IIL033 127579 118,038 Cobham VEllage Hall fund5 Incomln8 resow¢ts1 Il¢Xt 2) Donations & legacles Charttable activrties Other trading activities investments Separate mèterial item of irmme Other IBusSness support grant) Total 54.275 54275 75941 442 10.241 10.241 lo,￿) Ralslng funds Charitable artivities Separate material item of expe Other Tot•1 54,985 79.378 54.9B5 79378 Invtttm¢nt 84lns1 { Iosws ) Net gains /1105ses I investments Extraordinary items Net Income l { Exp•nthturn ) Transfer between funds Ot￿r recognlsed sal￿. (losses I 9￿41 9yI 9YI 9yI Galns and1055es on rewdluatkjn of flxed assets for the Charl￿5 ovm use oiher gains 1 I losses I 9541 9￿1 Total funds brouahtfornard 11&038 11&033 Totsl funds ¢arrl•d forward 7￿79 79 1ts.OJ8 181 Cobham Willage Hall Balance Sheet as at 31 August 2021 Unrestricted Restrlrted Total funds fvnds 2,020 Flxed Assets Intangible assets Tangible fixed assets l Note 51 Heritage assets Investments Total Flxed Assets 274 274 Current Assets Stocks Debtors l Note 61 Investments Cash at bank Total Current Assets 212 212 1.447 137,025 137.237 137,025 137237 120,650 122,097 Crèdltors falllng due wtthln one year { Note 7) 9.356 9.356 4.334 Net ¢uffÈnt assets I Illabllliles) 127MI I27￿1 117,763 Totsl a55ets less current Ilabllltles 127MI 127,880 118.038 Credltors fallln8 due after one year l Note 81 Net current assets or Ilabllltles 127 127.880 118,038 Funds of the Charity Endowment fund5 Restricted lunds Unrestricted funds Revaluation reserve Total funds 127.880 127.880 118.038 127x1 127.880 118.038 These accounts were approved on 20 Mrs M Taylor Mr P Banks These accounts have been p￿pared under tr￿ histofical cost con¥*ntK)n wlth Items retO8nised at cost or transactlon value unless otherwise stated in the reknnt notes to these account& The accounts have been prepared in accordan￿ with the Thnancial Re￿rti￿ StsThlard applicable in the United Kingdom and Republk of Ireland ( FRS1021 aThl with charl￿ Act 2011. All incoming resources are recognised when the charlty Is le8alty entttied to the Income and the amount can be quantified with reasonable accuTacv Donated goods for use by the charity are Induded Whe￿ a thlrd party is bearf￿ the cost. No amounts are induded In t￿ financial statements for seThkes donated ty volunteer& All expenses are accounted for on an accruals bas1& Fixed asset Investments are stated at cost kn provlslon fordimlnutk)n in value. [10] Col)ham Vlllage Hall Donations & gifts Glft Aid General grants by Govlother d￿rItIeS{W*3) tyonated gI￿ds. facilities & services Other 10241 10.241 io.(Th)o 241 10241 Hire of halls Hlre of seThlte Fundralsln8 Other 47.169 7.106 47,169 7,106 66,828 9,113 54275 54275 75.941 Other Totsl Interest Income Dlvldend Income Rental & leaslng Income Other Totsl io io 442 io 442 Separats ffl•terl•l Item of Inpjme Total Totsl Incom• 26 6W6 86J83 Cobham Vlllage Ham Elmbridge BC Covld ￿ant Totsl 10,241 io.{xx) Expendltur• on Incurred seekir8 donatiL Incurred seeklr8 legacies Incurred seeklw grants Operatlng membershSp $them￿orterIeS St?gin8 fundralslngevents Fundralslng agents Operating charity shops AdvertISi￿ rnarketl￿ publldty Start up costs incurred ge• Incon Datsba5e development costs Other trading activitles Investment management c¢)sts Portfolio management costs Cost of obtsining ￿Vestment advke Investment administration costs Intellectual property Ilctndn8 costs Repairs & malnt charges 52.093 52A193 58,730 2,892 2.892 54J8S 20.648 79J78 Expendlture on charftable att￿ltIes Totsl Exp*Mllture 54985 79.378 Cobham Village Hall A5 at OV09120 15248 Disposals As at 3VIW21 15.248 As at OIIC8120 Charge for perknd On disposals As at 3VLW21 14,974 274 15,248 A5 at 31108121 As at 3U08120 274 DepreCIa￿On Is pro￿ded on all ttnObFe r￿ed assets at rntes cakulated to wrfte the cost of reduclng balance basis over thelr expected useful econ(xnlc Il¥e5. Flxtures & ffttln85 25.IXM redudThd balance Sundry debtors Prepayments & ac¢n*d income Other debtor5ldeposits 212 1.447 Sundry credltors 522 4812 322 535 PAYvNIIPw￿I0n 615 4334 20 2020 Col)ham Villa8e Hall other beneffts from an emplw with theÈr tharity a related party No Trustee expenses hah* been Incwred Ttr￿re have been no related partYtrnnSactit￿ in the reportiThg Salarle5 and wages 33,484 36,208 No employees reaved banefits for the repty￿￿ perlod more than £6C* The aNw4e nwnber of emplo dur1￿ the yearwas Investment held prlmarlyto wovhle an Investment fetum forthe d4rlty The ultlmate controUln8 party of the chartty Is the ccffimlttee 2020 Inde￿￿nt examln*s tee 1141