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2025-02-28-accounts

Bromham Village Hall Registered Charity No : 300010

Financial Statements For the year ended 28[th] February 2025

Bromham Village Hall

Legal & administrative information

Trustee for a charity Bromham Village Hall Bromham Village Hall
Management Committee L Dahl (Chair)
(Charity Trustees) S Woodfine (Vice Chair)
F Scott (Treasurer)
J Giles
J Russell
G Cole
N Martin
R Hawkins
J Shields
Secretary N Martin
Office Address Village Hall
Village Road
BROMHAM
Bedfordshire
MK43 8JP
Accountant & Independent Examiner Hazel Kumar
A R Bookkeeping & Accounts Services
18 Portland Close
Bedford
MK41 9NE

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Bromham Village Hall

Index to Financial Statements

Page Title
1 Trustees’ report
2 Independent examiner’s report
3 Statement of Financial Activities
4 Balance Sheet
5 Notes to the financial statements

Bromham Village Hall

Report of the Trustees

The Trustees present their report along with the financial statements for the year ended 28[th] February 2025.

Structure, Governance and Management

The Bromham Village Hall Trust is a registered charity (No. 300010). The governing document is a conveyance dated 14[th] March 1952.

The administration of the charity is in the hands of the management committee who may regulate the conduct of their affairs in such manner as they may think fit. All members shall retire annually at the Annual General Meeting. A casual vacancy arising, shall be filled by the Organisation by which such member shall have been appointed, or by the Committee until the next Annual General Meeting. The members, not to exceed 18, are appointed such that up to 14 members represent specific local organisation listed in the Second Schedule of the governing document, of which 2 members represent the Parish Council, and 4 members are co-opted to represent any local organisation not listed.

Objectives and Activities

The trustees continue to pursue the principal objectives of the Trust, being the physical and mental training, recreation, social moral and intellectual development through the medium of reading and recreation rooms, library, lectures, classes, recreations, entertainment or otherwise as may be found expedient for the inhabitants of the Parish of Bromham in the County of Bedford and its immediate vicinity.

The objectives of the Trust are achieved by running a Village Hall which is made available for the parish community’s use at preferential rates, whilst spare capacity is made available to any individual or organisation wishing to hire the facilities for the profit of the parish’s community.

Trustees

The Trustees who served during the financial year were as follows :

L Dahl F Scott J Giles G Cole J Russell S Woodfine N Martin R Hawkins J Shields

Achievements and Performance

The financial year to 28 February 2025 saw us make a deficit which was due mainly to planned essential maintenance expenditure to upgrade the fire alarm systems, fire safety equipment and CCTV security system. These improvements were, in part, funded by a grant from the local authority. Revenue from hall bookings was up by just over 8% on the previous year.

Financial Review

The trust made a planned deficit in the year.

Statement of the Trustees responsibilities

The Trustees are required by law to prepare financial statements for each financial year that give a true and fair view of the state of affairs of the trust as at the end of the financial year and of net movement in funds of the trust for that period.

The trustees confirm that appropriate accounting policies have been used and applied consistently and reasonable and prudent judgements have been made in the preparation of the financial statements for the year ended 28[th] February 2025. The trustees also confirm that the financial statements have been prepared on a going concern basis and that the applicable accounting standards have been followed.

The Trustees are responsible for maintaining adequate accounting records, for safeguarding the assets of the trust and for taking reasonable steps to prevent and detect fraud and other irregularities.

L Dahl

Chairman, Management Committee........

....

Date. 30[th] April 2025

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Bromham Village Hall

Independent Examiner’s Report to the Trustees

I report on the financial statements of the Trust for the year ended 28[th] February 2025 which are set out on pages 3 to 7.

Respective responsibilities of the trustees and examiner

The charity’s trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the Act) and that an independent examination is needed.

It is my responsibility to:

Basis of Opinion

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 explanations from you as trustees concerning any such matters. The procedures undertaken may not have provided all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Emphasis of matter

The accounts are now being verified independently on a monthly basis to ensure completeness and accuracy and regular back up files of the accounting data are being maintained.

Independent examiner’s statement

In the course of my examination of the financial statements to 28[th] February 2025, no matter has come to my attention:

........................................................... Date ..30[th] April 2025.................................. Hazel Kumar A R Bookkeeping & Accounts Services 18 Portland Close

Bedford MK41 9NE

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Bromham Village Hall

Statement of Financial Activities

For the year ending 28 February 2025

Notes
Incoming Resources
Donations and other income
3
Income from hire of halls
4
Resources used
Direct expenses for hall hire
5
Management and administation costs
6
Operating Profit
Depreciation
Net (Resources expended)/Incoming Resources
Funds brought forward 1 March 2024
Funds carried forward 28 February 2025
2025
£
11,712
53,037
64,749
19,458
61,649
81,107
(16358)
0
(16,358)
36,452
20,094
2024
£
2,970
46,700
49,670
13,402
38,314
51,716
(2046)
0
(2,046)
38,498
36,452

The notes on pages 5 to 7 form part of these financial statements

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Bromham Village Hall

Balance Sheet As at 28 February 2025

Notes
Fixed Assets
Hall Equipment
7
Current Assets
Bank Balance
8
Debtors
9
Liabilities : Amounts falling due
due within one year
10
Net Current Assets
Net Assets
Funds
Unrestricted
11
2025
£
1
18,834
5,411
(4,152)
20,093
20,094
20,094
2024
£
1
31,876
6,503
(1,928)
36,451
36,452
36,452

The financial statements were approved by the trustees and signed on their behalf by:

L Dahl Date 30th April 2025

Chairman, Management Committee

The notes on pages 5 to 7 form part of these financial statements

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Bromham Village Hall

Notes to the Financial Statements for the year ending 28 February 2025

(b) Income from hire of hall

Income is recorded on an invoiced basis, adjusted for advance bookings.

(c ) Resources expended

Expenditure is included on an accruals basis.

2 Taxation

The Trust is a registered charity and accordingly is exempt from taxation on its income and gains where they are applied for charitable purposes.

3
Donations and other income
Donations
Fundraising
Less Expenses
Rental income from Parish Council
Grants
Bank interest
4
Income from hire of halls
Regular Hire
Casual Hire
Hire of Playing Fields
Cleaning
Forfeited deposits
Miscellaneous Income
5
Direct expenses for hall hire
Licences
Utilities
Water Rates
Electricity
Gas
General Rates
Grass Cutting
Provision for Bad Debt
2025
2024
£
£
0
300
1572
830
(560)
(1554)
457
3,020
9952.68
0
290
374
11,712
2,970
£
£
32,339
35,010
20,698
11,691
0
0
0
0
0
0
0
0
53,037
46,700
£
£
477
563
1,201
1,910
7,122
4,649
10,060
5,381
344
323
254
576
19,458
13,402

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Bromham Village Hall

Notes to the Financial Statements For the year ending 28 February 2025

6
Management & Administration costs
Accountancy
Professional Fees
Salaries & Cleaners
Insurance
Hall consumables, light bulbs, first aid
Refuse Collection
Repairs, Maintenance, Security
Telephone
Advertising
Office stationery, equipment hire, consumables
Postage & delivery
Bank Charges
Miscellaneous expenses
7
Hall Equipment
Cost at 1 March
Additions in year
Cost at 28 February
Depreciation at 1 March
Charge in Year
Net book value at 28 February
8 Cash at bank and in hand
HSBC Current Account
HSBC Deposit Account
Petty Cash Float
2025
2024
£
£
1,716
1,188
1,096
0
21,790
21,699
2,834
2,223
751
292
3,097
2,457
28,809
8,532
1,042
942
0
0
282
555
2
3
93
77
137
345
61,649
38,314
£
£
9,734
9,734
0
0
9,734
9,734
9,733
9,733
0
0
9,733
9,733
1
1
£
£
2,116
1,004
16,676
30,851
42
21
18,834
31,876

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Bromham Village Hall

Notes to the Financial Statements For the year ending 28 February 2025

9 Debtors : Amounts falling due within one year

Accounts receivable
Prepayments
Sundry Debtors
10 Liabilities : Amounts falling due within one year
Purchase Ledger creditors
Accruals
Deposits Paid
2025
2024
£
£
4,728
5,832
683
671
0
0
5,411
6,503
£
£
2424
542
1,728
1,386
4,152
1,928

11 Funds

All funds are considered to be unrestricted funds which the trustees are free to use in accordance with the trust objects.

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