COXHEATH RESIDENTS’ VILLAGE HALL
INDEPENDENTLY EXAMINED FINANCIAL ACCOUNTS
YEAR ENDED
31 MARCH 2026
CHARITY REGISTRATION NO. 295467
COXHEATH RESIDENTS’ VILLAGE HALL
CONTENTS
| Page | |
|---|---|
| Trustees’ Annual Report | 1 to 4 |
| Independent Examiner’s Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements | 8 to 12 |
COXHEATH RESIDENTS’ VILLAGE HALL
PAGE 1
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 MARCH 2026
1. Reference and administrative information
The trustees present their annual report of Coxheath Residents’ Village Hall and the financial statements of the charity for the year ended 31 March 2026.
President Mr M Fitzgerald Vice President Mr V Codling Trustees Mrs B Appleton Mrs C Mannell Treasurer Mrs S M Scott Secretary Mr C Baker Mr D Carpenter Chairman Mr D Clapperton Ms C Mitchell Mrs J Baker Mr C Parker Mrs C Parker Mrs D Ervin Mrs L Barden Charity address Coxheath Village Hall Stockett Lane Coxheath Maidstone Kent ME17 4PT Charity Registration Number 295467 Independent Examiner Mrs J A Griggs FCA Levicks Chartered Accountants & Business Advisers 61 London Road Maidstone Kent ME16 8TX Bankers National Westminster Bank PLC
COXHEATH RESIDENTS’ VILLAGE HALL
PAGE 2
TRUSTEES ANNUAL REPORT (CONT’D)
YEAR ENDED 31 MARCH 2026
2. Structure, governance and management
The charity is constituted by trust deed. Control is vested in the committee of management which consists of 12 elected members and 6 representative members. Up to 2 members may also be co-opted. The elected members are appointed from the end of the annual general meeting at which they are elected to the end of the annual general meeting the following year. The representative members are appointed by user organisations as stated in the trust deed and by new user organisations as agreed by the committee. Office is held from the beginning of the annual general meeting at which they are appointed to the end of the following annual general meeting. The village hall property is held on trust by the charity and no member is permitted to take or hold a personal interest in any property belonging to the charity otherwise than as trustee. Trustees are required to acquaint themselves with the village hall rules and are advised of their responsibilities by trustees that have previously been elected.
3. Objectives and activities
The charity’s objects are to maintain the village hall and recreation centre for the benefit of the residents of Coxheath. The property is held upon trust for the purpose of a Village Hall and Recreation Centre for the use of the inhabitants of Coxheath and the neighbourhood without distinction of sex or of political, religious or other opinions and in particular for use of meetings, lectures and classes and for other forms of recreation and leisure – time occupation with the object of improving the conditions of life for the said inhabitants. The charity is responsible for repairs, maintenance and insurance and for the management of users of the facility.
COXHEATH RESIDENTS’ VILLAGE HALL
PAGE 3
TRUSTEES ANNUAL REPORT (CONT’D)
YEAR ENDED 31 MARCH 2026
4. Achievements and performance
Works completed in the year were as follows:-
New boilers installed. Committee room doorway widened for disabled access. Car park surface damaged areas repaired. Diseased ash tree felled. Refurbishment and polish of main hall floor. Deep clean of halls and toilets.
There are approximately twenty regular users who come on a daily, weekly and monthly basis. The hall is used for a wide variety of activities and by a wide range of people. Most users are from Coxheath and its surrounding villages, reflecting the local nature of the hall. Here are some of the activities held at the hall:
-
Dance and sports
-
Preschool
-
Activities for retired people
-
Social meetings
-
Training
-
Parties
-
Fundraisers
-
Blood donation sessions
-
Polling station
5. Financial review
This year’s hire charges income was £58,561. This was an increase of £2,577 on last year’s result.
Unrestricted expenditure was £58,344 This figure mainly represents regular maintenance and bills for the hall.
The charity aims to maintain a healthy balance on reserves sufficient to cover unexpected emergency situations. Cash reserves of £101,582 were held as at 31 March 2026, which is considered satisfactory for this purpose. Unrestricted reserves were £214,300 and restricted reserves were £4,067 as at 31 March 2026.
COXHEATH RESIDENTS’ VILLAGE HALL
PAGE 4
TRUSTEES ANNUAL REPORT (CONT’D)
YEAR ENDED 31 MARCH 2026
6. Statement of trustees’ responsibilities
The trustees are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.
Charity law requires the members to prepare financial statements for each financial year. Under charity law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that period. In preparing those financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the applicable Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charities Statement of Recommended Practice (FRS 102). They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees have complied with the duty in Section 17(5) of the 2011 Charities Act to have due regard to guidance published by the Charity Commission in respect of public benefit.
In so far as the trustees are aware they have taken all steps that they ought to have taken to make themselves aware of any relevant accounts information and to establish that the examiner is aware of that information.
D Carpenter – Chairman 8 June 2026
COXHEATH RESIDENTS’ VILLAGE HALL
PAGE 5
INDEPENDENT EXAMINER’S REPORT
FOR THE YEAR ENDED 31 MARCH 2026
I report on the accounts of Coxheath Residents’ Village Hall for the year ended 31 March 2026 which comprise the Statement of Financial Activities, the Balance sheet and the related notes set out on pages 6 to 12.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the Charities Act;
-
to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
-
to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking of explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
61 London Road J A GRIGGS FCA Maidstone LEVICKS Kent ME16 8TX Chartered Accountants & Business Advisers
9 June 2026
COXHEATH RESIDENTS’ VILLAGE HALL
PAGE 6
STATEMENT OF FINANCIAL ACTIVITIES
| FOR THE YEAR ENDED 31 MARCH 2026 Unrestricted Notes Funds £ INCOME FROM:- Hire charges 58,561 Interest receivable 1,730 Grants and donations 2 300 Other income 3 869 TOTAL INCOME 61,460 EXPENDITURE ON:- Telephone 759 Water rates 1,286 Light and heat 6,244 Cleaning 8,897 Repairs and maintenance 17,793 Boiler replacement 6,279 Tarmac repair 3,110 Insurance 3,775 Other expenses 4,072 Depreciation Legal and professional 4,959 - Independent examiner’s fee 1,170 TOTAL EXPENDITURE 58,344 NET INCOME/(EXPENDITURE) 3,116 RECONCILIATION OF FUNDS Total funds brought forward 211,184 Total funds carried forward 214,300 |
Restricted Funds £ - - 2,976 - 2,976 - - - - 2,976 - - - - 130 - - 3,106 (130) 4,197 4,067 |
2026 Total £ 58,561 1,730 3,276 869 64,436 759 1,286 6,244 8,897 20,769 6,279 3,110 3,775 4,072 5,089 - 1,170 61,450 2,986 215,381 218,367 |
2025 Total £ 55,984 1,966 300 1,904 60,154 795 932 7,094 9,297 13,463 - - 4,445 2,993 5,431 2,262 1,140 47,852 12,302 203,079 215,381 |
|---|---|---|---|
COXHEATH RESIDENTS’ VILLAGE HALL
PAGE 7
BALANCE SHEET
AS AT 31 MARCH 2026
| FIXED ASSETS Tangible fixed assets 5 CURRENT ASSETS Debtors and prepayments 6 Cash at bank and in hand LIABILITIES Within one year 7 NET CURRENT ASSETS NET ASSETS FUNDS OF THE CHARITY Unrestricted funds 9 Restricted funds 9 |
2026 £ £ 112,501 9,793 101,582 111,375 5,509 105,866 218,367 214,300 4,067 218,367 |
2025 £ £ 117,590 9,075 96,338 105,413 7,622 97,791 215,381 211,184 4,197 215,381 |
2025 £ £ 117,590 9,075 96,338 105,413 7,622 97,791 215,381 211,184 4,197 215,381 |
|---|---|---|---|
211,184 4,197 215,381 |
C Mannell - Treasurer
8 June 2026
COXHEATH RESIDENTS’ VILLAGE HALL
PAGE 8
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
1. Accounting policies
Basis of preparation of accounts
The financial statements have been prepared under the historical cost convention and include the results of the charity’s operations, which are described in the Trustees’ Report, all of which are continuing.
The financial statements have been prepared in accordance with the Charities Act 2011, the Statement of Recommended Practice accounting and reporting by charities Financial Reporting Standard 102 (SORP FRS102) and the Financial Reporting Standard 102 (FRS102). The trust is a public benefit entity as defined by FRS102.
The trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern.
The accounts are prepared in sterling, being the functional currency of the charity.
Income recognition
Voluntary income, donations and grants are accounted for as receivable by the charity. Hire charges from the letting of the village hall are recognised when the income is due. Interest earnt on bank deposits is accounted for when received. Where monies are given for a specific purpose, they are restricted and a separate fund is maintained.
Expenditure recognition
Costs incurred are included in the accounts when there is an obligation for payment, and are allocated on an actual basis to the relevant fund.
Funds
Unrestricted funds represent the funds of the village hall that are not subject to any restrictions regarding their use and are available for application on the general purposes of the village hall operation. Restricted funds represent donations or grants received for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund.
Tangible fixed assets and depreciation
Tangible fixed assets for use by the charity are stated at cost less depreciation.
Depreciation is provided at the following annual rates, in order to write off each asset over its estimated useful life:
| Equipment | - 20% on written down value |
|---|---|
| Land and buildings | - 2.5% on written down value/20 years straight line |
| Development costs | - 5% on written down value |
COXHEATH RESIDENTS’ VILLAGE HALL
PAGE 9
NOTES TO THE FINANCIAL STATEMENTS (CONT’D)
FOR THE YEAR ENDED 31 MARCH 2026
1. Accounting policies (cont’d)
Value added tax
Value added tax is not recoverable by the charity. As such, it is included in the relevant costs in the Statement of Financial Activities and in the Balance Sheet.
Current assets
Amounts owing to the charity as at 31 March are shown as debtors.
Prepayments represent sums paid prior to the balance sheet date in respect of expenses relating to the subsequent year.
Current liabilities
Creditors and accruals represent sums irrevocably committed for payment prior to the balance sheet date that are not settled as at that date.
2. Grants and donations
Grant from Parish Council Donations 3. Other income Fundraising |
300 |
2026 £ 2,976 3,276 869 |
2025 £ - 300 300 1,904 |
|---|---|---|---|
4. Trustees remuneration and expenses
No remuneration or expenses were paid to the trustees or the committee members during the current or previous year.
COXHEATH RESIDENTS’ VILLAGE HALL
PAGE 10
NOTES TO THE FINANCIAL STATEMENTS (CONT’D)
FOR THE YEAR ENDED 31 MARCH 2026
5. Fixed assets
| Land, Buildings and Development Costs Equipment Cost £ £ At 1 April 2025 and 31 March 2026 211,062 60,289 Depreciation At 1 April 2025 99,063 54,698 Charge for the year 3,970 1,119 At 31 March 2026 103,033 55,817 Net book value At 31 March 2025 111,999 5,591 At 31 March 2026 108,029 4,472 6. Debtors and prepayments 2026 £ 2025 £ Letting fee debtors 5,829 5,452 Prepayments and accrued income 3,964 3,623 9,793 9,075 |
Total £ 271,351 |
|---|---|
| 153,761 5,089 158,850 |
|
| 117,590 | |
| 112,501 | |
COXHEATH RESIDENTS’ VILLAGE HALL
PAGE 11
NOTES TO THE FINANCIAL STATEMENTS (CONT’D)
FOR THE YEAR ENDED 31 MARCH 2026
7. Creditors: amounts falling due within one year
| Letting fee creditors Accruals Other creditors |
2026 £ 900 3,439 1,170 5,509 |
2025 £ 2,200 4,283 1,139 |
|---|---|---|
| 7,622 |
8. Independent examiner’s fees
The fee charged by the independent examiner for the year ended 31 March 2026 in respect of the independent examination was £1,170 (2025 - £1,140), inclusive of VAT.
COXHEATH RESIDENTS’ VILLAGE HALL
PAGE 12
NOTES TO THE FINANCIAL STATEMENTS (CONT’D)
FOR THE YEAR ENDED 31 MARCH 2026
9. Analysis of assets by fund
| Unrestricted Restricted £ £ Fixed assets 108,434 4,067 Current assets 111,375 - Liabilities (5,509) - 214,300 4,067 |
Total £ 112,501 111,375 (5,509) 218,367 |
|---|---|
The restricted fund is comprised of a grant from Coxheath Parish Council given in 2009 on the condition that it be used for improving and enhancing the overall facility. The money was applied towards the cost of new windows during the year ended 31 March 2010. The annual depreciation of these assets is charged against the restricted fund.
10. Fund movements
| General Unrestricted Restricted Funds Fund £ £ Balance b/fwd 1 April 2025 211,184 4,197 Income 61,460 2,976 Expenditure (58,344) (3,106) Balance c/fwd 31 March 2026 214,300 4,067 |
Total £ 215,381 64,436 (61,450) 218,367 |
|---|---|
11. General information
The charity is constituted by trust deed. The registered office is 39 Pippin Close, Coxheath, Maidstone, Kent ME17 4DS and the registered number is 295467.
COXHEATH RESIDENTS’ VILLAGE HALL
INDEPENDENTLY EXAMINED FINANCIAL ACCOUNTS
YEAR ENDED
31 MARCH 2026
CHARITY REGISTRATION NO. 295467
COXHEATH RESIDENTS’ VILLAGE HALL
CONTENTS
| Page | |
|---|---|
| Trustees’ Annual Report | 1 to 4 |
| Independent Examiner’s Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements | 8 to 12 |
COXHEATH RESIDENTS’ VILLAGE HALL
PAGE 1
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 MARCH 2026
1. Reference and administrative information
The trustees present their annual report of Coxheath Residents’ Village Hall and the financial statements of the charity for the year ended 31 March 2026.
President Mr M Fitzgerald Vice President Mr V Codling Trustees Mrs B Appleton Mrs C Mannell Treasurer Mrs S M Scott Secretary Mr C Baker Mr D Carpenter Chairman Mr D Clapperton Ms C Mitchell Mrs J Baker Mr C Parker Mrs C Parker Mrs D Ervin Mrs L Barden Charity address Coxheath Village Hall Stockett Lane Coxheath Maidstone Kent ME17 4PT Charity Registration Number 295467 Independent Examiner Mrs J A Griggs FCA Levicks Chartered Accountants & Business Advisers 61 London Road Maidstone Kent ME16 8TX Bankers National Westminster Bank PLC
COXHEATH RESIDENTS’ VILLAGE HALL
PAGE 2
TRUSTEES ANNUAL REPORT (CONT’D)
YEAR ENDED 31 MARCH 2026
2. Structure, governance and management
The charity is constituted by trust deed. Control is vested in the committee of management which consists of 12 elected members and 6 representative members. Up to 2 members may also be co-opted. The elected members are appointed from the end of the annual general meeting at which they are elected to the end of the annual general meeting the following year. The representative members are appointed by user organisations as stated in the trust deed and by new user organisations as agreed by the committee. Office is held from the beginning of the annual general meeting at which they are appointed to the end of the following annual general meeting. The village hall property is held on trust by the charity and no member is permitted to take or hold a personal interest in any property belonging to the charity otherwise than as trustee. Trustees are required to acquaint themselves with the village hall rules and are advised of their responsibilities by trustees that have previously been elected.
3. Objectives and activities
The charity’s objects are to maintain the village hall and recreation centre for the benefit of the residents of Coxheath. The property is held upon trust for the purpose of a Village Hall and Recreation Centre for the use of the inhabitants of Coxheath and the neighbourhood without distinction of sex or of political, religious or other opinions and in particular for use of meetings, lectures and classes and for other forms of recreation and leisure – time occupation with the object of improving the conditions of life for the said inhabitants. The charity is responsible for repairs, maintenance and insurance and for the management of users of the facility.
COXHEATH RESIDENTS’ VILLAGE HALL
PAGE 3
TRUSTEES ANNUAL REPORT (CONT’D)
YEAR ENDED 31 MARCH 2026
4. Achievements and performance
Works completed in the year were as follows:-
New boilers installed. Committee room doorway widened for disabled access. Car park surface damaged areas repaired. Diseased ash tree felled. Refurbishment and polish of main hall floor. Deep clean of halls and toilets.
There are approximately twenty regular users who come on a daily, weekly and monthly basis. The hall is used for a wide variety of activities and by a wide range of people. Most users are from Coxheath and its surrounding villages, reflecting the local nature of the hall. Here are some of the activities held at the hall:
-
Dance and sports
-
Preschool
-
Activities for retired people
-
Social meetings
-
Training
-
Parties
-
Fundraisers
-
Blood donation sessions
-
Polling station
5. Financial review
This year’s hire charges income was £58,561. This was an increase of £2,577 on last year’s result.
Unrestricted expenditure was £58,344 This figure mainly represents regular maintenance and bills for the hall.
The charity aims to maintain a healthy balance on reserves sufficient to cover unexpected emergency situations. Cash reserves of £101,582 were held as at 31 March 2026, which is considered satisfactory for this purpose. Unrestricted reserves were £214,300 and restricted reserves were £4,067 as at 31 March 2026.
COXHEATH RESIDENTS’ VILLAGE HALL
PAGE 4
TRUSTEES ANNUAL REPORT (CONT’D)
YEAR ENDED 31 MARCH 2026
6. Statement of trustees’ responsibilities
The trustees are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.
Charity law requires the members to prepare financial statements for each financial year. Under charity law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that period. In preparing those financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the applicable Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charities Statement of Recommended Practice (FRS 102). They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees have complied with the duty in Section 17(5) of the 2011 Charities Act to have due regard to guidance published by the Charity Commission in respect of public benefit.
In so far as the trustees are aware they have taken all steps that they ought to have taken to make themselves aware of any relevant accounts information and to establish that the examiner is aware of that information.
D Carpenter – Chairman 8 June 2026
COXHEATH RESIDENTS’ VILLAGE HALL
PAGE 5
INDEPENDENT EXAMINER’S REPORT
FOR THE YEAR ENDED 31 MARCH 2026
I report on the accounts of Coxheath Residents’ Village Hall for the year ended 31 March 2026 which comprise the Statement of Financial Activities, the Balance sheet and the related notes set out on pages 6 to 12.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the Charities Act;
-
to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
-
to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking of explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
61 London Road J A GRIGGS FCA Maidstone LEVICKS Kent ME16 8TX Chartered Accountants & Business Advisers
9 June 2026
COXHEATH RESIDENTS’ VILLAGE HALL
PAGE 6
STATEMENT OF FINANCIAL ACTIVITIES
| FOR THE YEAR ENDED 31 MARCH 2026 Unrestricted Notes Funds £ INCOME FROM:- Hire charges 58,561 Interest receivable 1,730 Grants and donations 2 300 Other income 3 869 TOTAL INCOME 61,460 EXPENDITURE ON:- Telephone 759 Water rates 1,286 Light and heat 6,244 Cleaning 8,897 Repairs and maintenance 17,793 Boiler replacement 6,279 Tarmac repair 3,110 Insurance 3,775 Other expenses 4,072 Depreciation Legal and professional 4,959 - Independent examiner’s fee 1,170 TOTAL EXPENDITURE 58,344 NET INCOME/(EXPENDITURE) 3,116 RECONCILIATION OF FUNDS Total funds brought forward 211,184 Total funds carried forward 214,300 |
Restricted Funds £ - - 2,976 - 2,976 - - - - 2,976 - - - - 130 - - 3,106 (130) 4,197 4,067 |
2026 Total £ 58,561 1,730 3,276 869 64,436 759 1,286 6,244 8,897 20,769 6,279 3,110 3,775 4,072 5,089 - 1,170 61,450 2,986 215,381 218,367 |
2025 Total £ 55,984 1,966 300 1,904 60,154 795 932 7,094 9,297 13,463 - - 4,445 2,993 5,431 2,262 1,140 47,852 12,302 203,079 215,381 |
|---|---|---|---|
COXHEATH RESIDENTS’ VILLAGE HALL
PAGE 7
BALANCE SHEET
AS AT 31 MARCH 2026
| FIXED ASSETS Tangible fixed assets 5 CURRENT ASSETS Debtors and prepayments 6 Cash at bank and in hand LIABILITIES Within one year 7 NET CURRENT ASSETS NET ASSETS FUNDS OF THE CHARITY Unrestricted funds 9 Restricted funds 9 |
2026 £ £ 112,501 9,793 101,582 111,375 5,509 105,866 218,367 214,300 4,067 218,367 |
2025 £ £ 117,590 9,075 96,338 105,413 7,622 97,791 215,381 211,184 4,197 215,381 |
2025 £ £ 117,590 9,075 96,338 105,413 7,622 97,791 215,381 211,184 4,197 215,381 |
|---|---|---|---|
211,184 4,197 215,381 |
C Mannell - Treasurer
8 June 2026
COXHEATH RESIDENTS’ VILLAGE HALL
PAGE 8
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
1. Accounting policies
Basis of preparation of accounts
The financial statements have been prepared under the historical cost convention and include the results of the charity’s operations, which are described in the Trustees’ Report, all of which are continuing.
The financial statements have been prepared in accordance with the Charities Act 2011, the Statement of Recommended Practice accounting and reporting by charities Financial Reporting Standard 102 (SORP FRS102) and the Financial Reporting Standard 102 (FRS102). The trust is a public benefit entity as defined by FRS102.
The trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern.
The accounts are prepared in sterling, being the functional currency of the charity.
Income recognition
Voluntary income, donations and grants are accounted for as receivable by the charity. Hire charges from the letting of the village hall are recognised when the income is due. Interest earnt on bank deposits is accounted for when received. Where monies are given for a specific purpose, they are restricted and a separate fund is maintained.
Expenditure recognition
Costs incurred are included in the accounts when there is an obligation for payment, and are allocated on an actual basis to the relevant fund.
Funds
Unrestricted funds represent the funds of the village hall that are not subject to any restrictions regarding their use and are available for application on the general purposes of the village hall operation. Restricted funds represent donations or grants received for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund.
Tangible fixed assets and depreciation
Tangible fixed assets for use by the charity are stated at cost less depreciation.
Depreciation is provided at the following annual rates, in order to write off each asset over its estimated useful life:
| Equipment | - 20% on written down value |
|---|---|
| Land and buildings | - 2.5% on written down value/20 years straight line |
| Development costs | - 5% on written down value |
COXHEATH RESIDENTS’ VILLAGE HALL
PAGE 9
NOTES TO THE FINANCIAL STATEMENTS (CONT’D)
FOR THE YEAR ENDED 31 MARCH 2026
1. Accounting policies (cont’d)
Value added tax
Value added tax is not recoverable by the charity. As such, it is included in the relevant costs in the Statement of Financial Activities and in the Balance Sheet.
Current assets
Amounts owing to the charity as at 31 March are shown as debtors.
Prepayments represent sums paid prior to the balance sheet date in respect of expenses relating to the subsequent year.
Current liabilities
Creditors and accruals represent sums irrevocably committed for payment prior to the balance sheet date that are not settled as at that date.
2. Grants and donations
Grant from Parish Council Donations 3. Other income Fundraising |
300 |
2026 £ 2,976 3,276 869 |
2025 £ - 300 300 1,904 |
|---|---|---|---|
4. Trustees remuneration and expenses
No remuneration or expenses were paid to the trustees or the committee members during the current or previous year.
COXHEATH RESIDENTS’ VILLAGE HALL
PAGE 10
NOTES TO THE FINANCIAL STATEMENTS (CONT’D)
FOR THE YEAR ENDED 31 MARCH 2026
5. Fixed assets
| Land, Buildings and Development Costs Equipment Cost £ £ At 1 April 2025 and 31 March 2026 211,062 60,289 Depreciation At 1 April 2025 99,063 54,698 Charge for the year 3,970 1,119 At 31 March 2026 103,033 55,817 Net book value At 31 March 2025 111,999 5,591 At 31 March 2026 108,029 4,472 6. Debtors and prepayments 2026 £ 2025 £ Letting fee debtors 5,829 5,452 Prepayments and accrued income 3,964 3,623 9,793 9,075 |
Total £ 271,351 |
|---|---|
| 153,761 5,089 158,850 |
|
| 117,590 | |
| 112,501 | |
COXHEATH RESIDENTS’ VILLAGE HALL
PAGE 11
NOTES TO THE FINANCIAL STATEMENTS (CONT’D)
FOR THE YEAR ENDED 31 MARCH 2026
7. Creditors: amounts falling due within one year
| Letting fee creditors Accruals Other creditors |
2026 £ 900 3,439 1,170 5,509 |
2025 £ 2,200 4,283 1,139 |
|---|---|---|
| 7,622 |
8. Independent examiner’s fees
The fee charged by the independent examiner for the year ended 31 March 2026 in respect of the independent examination was £1,170 (2025 - £1,140), inclusive of VAT.
COXHEATH RESIDENTS’ VILLAGE HALL
PAGE 12
NOTES TO THE FINANCIAL STATEMENTS (CONT’D)
FOR THE YEAR ENDED 31 MARCH 2026
9. Analysis of assets by fund
| Unrestricted Restricted £ £ Fixed assets 108,434 4,067 Current assets 111,375 - Liabilities (5,509) - 214,300 4,067 |
Total £ 112,501 111,375 (5,509) 218,367 |
|---|---|
The restricted fund is comprised of a grant from Coxheath Parish Council given in 2009 on the condition that it be used for improving and enhancing the overall facility. The money was applied towards the cost of new windows during the year ended 31 March 2010. The annual depreciation of these assets is charged against the restricted fund.
10. Fund movements
| General Unrestricted Restricted Funds Fund £ £ Balance b/fwd 1 April 2025 211,184 4,197 Income 61,460 2,976 Expenditure (58,344) (3,106) Balance c/fwd 31 March 2026 214,300 4,067 |
Total £ 215,381 64,436 (61,450) 218,367 |
|---|---|
11. General information
The charity is constituted by trust deed. The registered office is 39 Pippin Close, Coxheath, Maidstone, Kent ME17 4DS and the registered number is 295467.