COBHAM VILLAGE HALL Registered Charity Number 293556
Accounts for the year ended 31[st] August 2024
Cobham Village Hall
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr G Caddick – Chair Mr P Banks – Treasurer Mr M Dharamsi Mr J Kingston Ms M Cook
Address
Cobham Village Hall Lushington Drive Cobham, Surrey KT11 2LU
Independent Examiner
Roger Jones FMAAT, DipSM
Bankers
Barclays Bank plc Cobham, Surrey
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Cobham Village Hall
CONTENTS
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Page
Contents 3
Report of the Trustees 4 – 5
Report of the Independent Examiner 6
Income and Expenditure statement 7
Statement of financial activities 8
Balance Sheet 9
Notes to the financial statements 10 - 14
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Cobham Village Hall
ANNUAL REPORT FOR COBHAM VILLAGE HALL Year ended 31[st] August 2024
Statutory Information
Charity number 293556. The charity was established by trust deed.
Principal Office
Lushington Drive, Cobham, Surrey, KT11 2LU.
Trustees
Mr G Caddick – Chair Mr P Banks – Treasurer Mr M Dharamsi Mr J Kingston Ms M Cook
Chairman’s Report
We welcome John Kingston and Melanie Cook as our two new trustees, increasing the total number of trustees to five, which is our full complement.
Most of the major projects we had scheduled were completed last year, leaving a few urgent projects, with the last outstanding one being the completion of the sheds. To date, we have consistently replaced and maintained all aspects of the hall, carrying out ad hoc and ongoing minor maintenance, including gutter replacement, among other tasks.
The latest project was the refurbishment of the committee room floor, which was long overdue. Stage lighting and rigging are still in progress and will continue once we finalize the scope, stages, and the contractor we will be using moving forward.
We have also outsourced the cleaning to an external company, which we will monitor closely to ensure its effectiveness.
We will also refurbish the Main Hall and Taylor Hall floors this coming year.
We will also explore the feasibility of solar energy in the future.
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Cobham Village Hall Income and Expenditure for year ended 31, August 2024 Unrestricted Restricted funds funds Total funds 2023 Incoming resources from generated funds Hall letting Miscellaneous income Furlough Grant 117,828.37 14,110.45 117,828 14,110 100,625 12,679 Donations and fund raising Investment income Interest received Resources expended 4,775 136,714 4,775 136,714 3,051 116.354 Charitable activities Wages (note 101 Pension contributions Rent Water rates 40,680 513 2,200 654 358 40,680 513 2,200 654 358 45,904 663 2,200 848 2,457 4,655 2428 4290 802 130 856 432 835 Insurance Electricity Gas Gardening Performing rights Mobile Telephone Post/stationery, comp equip, training Web site maintenance Wi-Fi & Broadband Refuse disposal Equipment hire Repairs and renewals Cleaning & Hall supplies Bank charges Bad debts Depreciation of fixed assets Miscellaneous Governance costs Accountancy Inote 131 Total expenditure all items Net incoming/{outgoingl resources before revaluations Other reco8nised gains and losses Gains/ Ilossesl arising on revaluation Net movement in funds 4,396 4133 3630 781 87 3,853 432 866 4,396 4,133 3,630 781 87 3,853 432 866 2,485 1,300 32,098 11,848 20 2,485 1,300 32,098 11,848 20 2,416 1,137 56,419 1,305 20 55 55 361 110,388 110,388 128,158 26,326 26,326 -11.804 26,326 26,326 -11,804 Fund balances brought froward 146,829 146,829 158,633 Fund balance carried fonyard 173,155 173,155 146,829 171
Cobham Village Hall Statement of Financial Activities for year ended 31" August 2024 Unrestricted Restricted Total funds funds funds 2023 Incoming resources l Note 21 Donations & legacies Charitable activities Other trading activities investments Separate material item of income Other (Business support grantl Total 131,939 4,775 131,939 4,775 113,303 3,051 136,714 136,714 116.354 Resources expended { Note 4) Raising funds Charitable activities Separate material item of expense Other Total 110,388 110,388 128,158 110,388 110,388 128,158 Net Incomel { Expenditure I before Investment gain51 {10sse51 Net gains / I losses l on investments Extraordinary items Net Income I l Expenditure I Transfer between funds Other recognised gains . Ilosses I 26,326 26,326 -11,804 26,326 26,326 -11,804 Gains and losses on revaluation of fixed assets for the Charity's own use Other gains / I losses I Net movement in funds 26,326 26,326 -11,804 Reconciliation of funds Total funds brought forward 146,829 146,829 158.633 Total funds carried forward 173,155 173,155 146,829 181
Unrestricted |
Restricted |
Total |
2023 |
|
|---|---|---|---|---|
funds |
funds |
funds |
||
£ |
£ |
£ |
£ |
|
Fixed Assets |
||||
Intangible assets |
||||
Tangible fixed assets (Note 5) |
0 |
이 |
0 |
|
Heritage assets |
||||
Investments |
||||
Total Fixed Assets |
0 |
이 |
이 |
|
Current Assets |
||||
Stocks |
||||
Debtors (Note 6) |
28 |
28 |
15 |
|
Investments |
||||
Cash at bank |
184,775 |
184,775 |
166,062 |
|
Total Current Assets |
184,803 |
184,803 |
166,077 |
|
Creditors falling due within one year (Note 7) |
11,648 |
11,648 |
19,248 |
|
Net current assets / (liabilities) |
173,155 |
173,155 |
146,829 |
|
Total assets less current liabilities |
173,155 |
173,155 |
146,829 |
|
Creditors falling due after one year (Note 8) |
0 |
0 |
0 |
|
Net current assets or liabilities |
173,155 |
173,155 |
146,829 |
|
Funds of the Charity |
||||
Endowment funds |
||||
Restricted funds |
||||
Unrestricted funds |
173,155 |
173,155 |
146,829 |
|
Revaluation reserve |
||||
Total funds |
173,155 |
173,155 |
146,829 |
Cobham Village Hall
Notes to the accounts for the year ended 31[st] August 2024
1. Accounting Policies
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The accounts have been prepared in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ( FRS102 ) and with the Charities Act 2011.
Income
All incoming resources are recognised when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy
Donated goods for use by the charity are included where a third party is bearing the cost. No amounts are included in the financial statements for services donated by volunteers.
Expenses
All expenses are accounted for on an accruals basis.
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
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Cobham Village Hall 2. Analysis of Income Unrestricted Restricted Total funds funds funds 2023 Donations & Legacles Donations & gifts GiftAid General grants by Gov/other charities i Note 31 Donated goods, facilities & services Other Total Charitable activities Hire of halls Hire of service Fundraising Other Total 117,828 14,110 117,828 14,110 100,625 12,679 131,939 131,939 113,303 Other trading artivities Other Total Income from Investments Interest income Dividend income Rental & leasing income Other Total 4,775 4,775 3,051 4,775 4,775 3,051 Separate material item of income Total Total Income 136,714 136,714 116,354 Iiii
Cobham Village Hall 3. Analysis of Grants Thls year Last year Elmbridge BC Covid grant Total 2,667 2,667 4. Analysis of Expenditure Unrestrlcted Restricted Total funds fund5 funds 2023 Expenditure on raising funds Incurred seeking donations Incurred seeking legacies Incurred seeking grants Operating membership schemesllotteries Staging fundraising events Fundraising aEents Operating charity shops Advertising, marketing, publicity Start up costs incurred generating income Database development costs Other trading activities Investment management costs Portfolio management costs Cost of obtaining investment advice Investment administration costs Intellectual property licencing costs Repairs & maint charges Total expenditure on raising funds 78,290 78,290 71,739 32,098 110.388 32,098 110.388 56,419 128.158 Expenditure on charitable activities Total expenditure on charitable artivities Other Total Expenditure 110,388 110,388 128,158 1121
Cobham Village Hall 5. Tangible fixed assets Cost As at 01/09123 Additions Disposals As at 31108124 Depreciation As at 01109/23 Charge for period On disposals As at 31108124 Net Book Value As at 31108123 As at 31108122 Depreciation is provided on all tangible fixed assets at rates calculated to write-off the cost of reducing balance basis over their expected useful economic lives. Fixtures & fittings 25.00% reducing balance 6. Debtors 2024 2023 Sundry debtors Prepayments & accrued income Other debtorsldeposits 28 15 15 7. Creditors: amounts falling due within one year 2024 2023 Sundry creditors Accruals & deferred income Pension 5,644 13,484 120 19,248 11,563 85 11,648 8. Creditors: amounts falling due in more than one year 2024 2023 1131
Cobham Village Hall 9. Transactlons wlth trustees and related partles None of the Trustees have been paid any remuneratiorb or received any other benefits from an employment with their charity or a related party No Trustee expenses have been incurred There have been no related party transactions in the reporting period 10. Pald Employees Staff costs 2024 2023 Salaries and wages 40,680 45,904 No employees recived banefits for the reportin8 period more than £60k The average number of employees during the year was 11. Fixed Asset investment 2024 2023 Investment held primarily to provide an investment return for the charity 12. Ultimate controlling party The ultimate controlling party of the charity is the committee 13. Fees for examination of accounts 2024 2023 Independent examiner's fee 1141