COBHAM VILLAGE HALL Reglstered Charity Number 293556 Accounts for the year ended 31" August 2022 Cobham Village Hall LEGAL AND ADMINisfRATIVE INFORMATION Trustees Mrs M Ta￿Or-chair Mr P Banks- Treasurer MrA Mair Mr M Dharamsi Address Cobham Village Hall Lushington Drive Cobham, Surrey KTII 2LU Independent Examlner Roger Jones FMART, Olpsm Bankers Barclays Bank plc Cobham, Surrey 12J Cobham Willage Hall CONTENTS Contents Report of the Committee Re ort of the Independent Examiner Income and Expendlture statement Statement lif financial activities Balance Sheet Notes to the financial statements 10-14 [33 Cobham Vlllase Hall Yearended 31- Augu# 2022 Chartty number 293556. The thafity Wds established ￿ tntst deed. Prin¢ip31 Office Lushington Drive, Cobham, Suffty. Kni 2LU. Mrs M Tavlor- Chalr Mr P Banks-Treasu MrAMair Mr M Dharamsi Mrs L Sivak)ganathatrJones Mrs D Rlch Mr5 L Banfleld Mr D Jordan Mr B Hulme C￿lm￿￿$ Report CVH has settled back 5nto ￿Ual working practices following the two year5 of COVID dlsruptlon. We fFnlsh this finar￿101 year in a strong posltion. with excellent reserves, whi15t continuing to deliver our charitable obJÈct of provlding Servi￿ to the peopbe In our communlty and protecting that servi￿. We are proud to welcome a wKle range ofgroups and individuals who Use the hall for a broad ran8e of attNities and continualty seek to flnd more ways to welcome as many groups and individuals as we can. Throughout the year we have contlnued a programme of malntenance and Health and Safety revlew whlch resulted In varlous works to ensure we were up to date and fully compllant, therébv offerlng the local communty a safe and pleasant environmenL as well as adrdnclng the quallty of our offerin We continue to work to revlew our governin8 document which is tontsined in our lease from Elrnbrid8e Borough Council. We now have a new lease drawn up at our own costs. whlch is currentty under review by the council. Two trustees a￿ standtng down atthe end of thisyear, but we are confident of replacing them with suitsble members of the lool communty. In the comlng year the committee will be looklng atthe optlonsfof major projects to ensure that our Space continues to be useful to the local communiiv and dthelops wlth their requirements. &he Committee has complied with the duty In s.4 Charities Art 2011 to have due regard to the guiaance issued 14". COWMM Willage Hall Revlew of An?￿131 Activlt*g Thisyear we have seen the hall rV￿rtt0 pre COVID levels ol occupancy. as confidence has gn)wn and this has resulted ift a re￿rn to experted ino)me of £114 167. delivering a solld surplus £29 141 which will be re4nvested in the hall. Expenditure is siEnificantty up on ￿ar. this is la￿ety due to the yeavs Ktivitie5 being restricted due to COVID. This year we have returned to our nOffl￿1 way5 of workinR. A large one-off payment was made to the council. WI￿ after many years. finally completed a ground rent review ar￿ not onty increased our ongoire costs substantially, also made a demand for the rent review to be applied to previous year5. We have also seen substsntial charges for perforniin8 rights return. A further £9 317 vns spent in the year on repairs and renewals. wlth further work which will straddle the fvllowlng finan¢*l year. The levels of expenditure will continue to increase with the hlke in heatlng and Ilghiing costs, alongside the In¢￿ased ￿nt and wage I￿reaseS due to infiation. The hall is fortunate to be in a strong finandal posltlon and appropriate bI￿geting h•$ been done to ensure that we can meet these c￿llenge5 In the COMI￿ year. ObJe¢L* ofthe Ch•r The objects of the foundation shall be the provlslon and MaIntenan￿ of a vlllage hall for the use of the Inhabitants of Cobham at)d the neighbourhood Ihereinafter called . the area of benefif I without dtstinction of political, reli8ious or other opinions. t￿ludIng use for meetings, lectures and claws and for other forms of recreatlon and lelsure time (Kcupation with the objett of improving the conditlons of Ilfe for the sald inhabitant& Law appllcable io charities in England and Wales requires the Committee to prepare financial statements foreach financlal year whlch gl¥e a true and fairview of tl* chariVsfinaKial activitles durin8 the year and of its financial pO￿)n at the end of the year. In preparlng flnandal ststements gNln8 a true and fair view, the Commlttee should follow best praCt￿e and: Select suitsble accounti￿ policies and then apply them consistent￿. Make judgments and estimates that are ￿aSonable and PnKlent: stste whether applicable accounting standards and 5tstements of recommended practlce have been followed. subject to affjT departu￿ disck)sed and explalned In the flnanclal statements: Prepare the financial statements on the ongolnB coKern basis unless h is inappropriate to presume that the charlty will contlnue In operatknn. The Commlttee are responsible for keeplng accountin8 records which dlsdose wlth reasonable accurdcy the finanaal p)sition of the charity and Twhkh enable them to ascertain the financial posltionof the charityand which enabletr*m to ensure that thefinancial tstements Com￿with applicgble regulations. The TTUStees are also responsible for Safeguardi￿ the assets of tl* tharity and hence for tski reasonable steps forthe preverikn and detrftion of fraud and other irregularitie5. Signed on behalf of the MaryTayk)r Date 21 [51 Cobham Vllly Hall I report on the accounts of the tharlty for yearended 313 Aieust 2022. whith are set otrt on pages 1-14. The charitys trustees are responsible for the prepardtion of the Kcounts. The tharit¢s trustees Constderthat an audit is not required forthisyear under 5ectK•n 144 of the Charitles Act 2011 Ithe 2011 Art) and that an Independent examination is needed. li is my reswnsibility to: Examine the accounts uThJer Section 145 of the 2011 Act To follow the procedures laid down in the General DirectK>ns 8i¥En by the Charity Commissh)n under Section 145151 b of the 2011 Act and To stste whether partlcular matters have come to my attention. Basls of the Independent Emmlners report My exaMI￿tIon was carried out in accordance with the General DirectKJn5 given by the Charity Commission. An examinatlon indudes a rev*w of the accounting records kept by the charity and a comparison of the accounts presented with those records. tt also includes consideration of a unusual items or dlsclosures In the accounts and the seeking of explanations from the trustees Con￿rning such matters. The procedures underta*en do not provide all the eviden￿ that would be required in an audit and consequentty no opinion Is given as to whether the accounts present "a true and falr VIe￿ and the rewrt is limited to those matters Set In the ststement below. Independent Examlners slateimnt In coTrnertlon with my examination, no matter has tome to my attention". l. Whlch glves me reasonable ouse to belle¥e that. in any mateiial respect. the requirements: to keep accountin8 records in accordance with Section 130 of the 2011 Act and IL to prepore accounts which accord with the accounti￿ records and to comply with the accounting requirements of the 2011 Act have not been met or 2. To which, in my DpinK)n. attentlon should be drdwn in order lo enable a proper understsnding of the accowlts to be read￿. 29.1.2423 o-¢ J ) Joil£s, fMAtr.7>.kSM 2q, CHhLTetsl eXPeb￿lEWÈ on ral* fiuMIs 75.109 75.109 51,793 9,317 84426 9.317 2.892 84,426 $4685 Expendlture on charttable activitSes Totsl Eyndltw• 84426 84426 54,fAS Cobharn Vlllage Hall As at 01109121 Ad(Itiorns Disposals As at 3V08122 15.248 15.248 As at 01109121 Charge for Fwlod On dispc6als As 8t 3V08122 15.248 15.248 rlet Book Value As at 31108122 A5 at 31108121 Depreclation Is provlded on all tanglble fixed 355ets at rates Cak￿ated to wrltfroff the cost of reduckng balance basis over their expected economic lfves. Flxtyyes & ffttl 25.(￿ reduciFry ￿l¥￿e 22 Sundry debt￿$ Prepayments & accrued Income Other debtor5/depos1ts 212 7,723 212 2021 Swrflry creditors A¢¢n￿lS & deferred inc(me Pe￿lOn 222 8.812 114 322 647 9.356 14.067 2021 1131 Cobham Vlllage Hall NonE ofthe Trustees have been pa?d any remunÈralion OY received any other benefits from an ernployrnent with their chartty or a related party There have been no related partytran5èCtlons In the rq)orting period 2tr21 Salarie5 and wages 40,711 33,484 No em￿ly￿e5 fect¥ed baneffts for the reportlng period more than £GOk The number of employees urlngthe year was 2021 Investment held prfmarily to provide an investment return for the charrty 12. Uhlmate controlllw party The ultlmate controll1￿ party Oft￿ dwrlty Isthe commlttee Independent examln*5 fee