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2024-12-31-accounts

Chairman’s Report 2025

The hall is located on Kennington Road central to the village, it is adjacent to King George’s field, which became a subsidiary to the hall on March 24[th] 1998

We are regulated by the Charities Commission with the aim to provide and maintain the village hall for the use of the residents of Kennington, we also provide and maintain a children’s play area.

The committee at present consists of representatives from various village organisations, Parish Council, Mother and Toddler Group, KADS, Youth Club, Alternative Badminton Club and 4 members of the public.

We are assisted by one Honorary Officer- our new treasurer Nhaid De Sa who took over from Fiona last year, the treasurer receives a small honorarium which is decided at the AGM

Sandra Hogen is employed as Booking Secretary and Hall Manager as well as being a key holder for which she receives a salary.

The Wi-Fi has been altered and now we have full range throughout the hall.

We have had a Fire Risk Assessment done this year resulting in further works being carried out in the Hall, this consists of the filling in of holes that could potentially allow fire to spread easily, door guards being fitted that close automatically in the event of the fire alarm going off and a general awareness of housekeeping and tidiness.

The hall undergoes various maintenance throughout the year which is to be expected due to the age of the building.

Bookings remain good and we have a wide variety of hirers using the hall and rooms.

I would like to thank our staff and treasurer for helping keep the hall running smoothly.

Colin Smith

Chairman of KVHMC

Sheet1

KENNINGTON VILLAGE CENTRE

Charity Land Account Income and Expenditure for year ended 31st Dec 2024

2022 2023 INCOME
£ £ £ £ £
Lettings
7,032.50 8,019.00 Village Organisations 7,531.00
13,129.00 19,525.00 Other Regular Organisations 22,114.00
7,477.25 7,682.00 Miscellaneous Lettings 10,847.00
27,638.75 35,226.00 40,492.00
0.00 0.00 Donations from Charity Land Account 0.00
Interest 0.00
258.70 1,101.09 Bank and Other Savings 1,405.46 1,405.46
Rent and Other
11,598.60 11,598.60 Kennington Club Premises 8,698.95
4,300.00 4,807.00 Oxfordshire County Library - Rent 3,985.50
2,249.71 2,542.86 Oxfordshire County Library - Services 1,440.62
300.00 300.00 Kennington Venture Youth Club 300.00
4,000.00 0 Misc. income
22,448.31 19,248.46 14425.07
50,345.76 55,575.55 56,322.53
LESS EXPENDITURE
11,266.50 13,257.00 Caretaker, Bookings Manager etc 14,070.00 14,070.00
Services
4,538.63 8,351.01 Electricity 7,202.66
3,107.11 3,744.16 Gas 3,714.43
42.93 913.05 Water 899.04
38.31 178.56 Telephone/ Internet 510.32
886.64 977.24 Refuse Disposal 808.42
8,613.62 14,164.02 13,134.87
Cleaning
193.12 0 Litter picking 539.25
13,130.16 14,856.26 Materials and Services 17,261.30
13,323.28 14,856.26 17,800.55
General
2,295.88 2,100.00 Honoraria 2,502.50
11,796.58 5,716.29 Maintenance 9,061.48
2,148.96 2,389.66 Insurance 2,342.23
386.48 421.32 Performing Rights 281.60
168.46 103.00 Stationery and Postage 55.79
552.38 601.00 Miscellaneous Expenses 525.89
23.98 0.00 Computer Software 226.80
81.50 60.00 Bank Charges 60.00
0.00 0.00 Professional Fees 0.00
17,454.22 11,391.27 15,056.29
8,789.95 8,919.69 Depreciation 8,665.00
(7,000.00) (7,000.00) Less Donations Reserve write off (7,000.00)
1,789.95 1,919.69 1665.00 61,727.00
52447.57 55588.24
(2,101.81) (12.69) SURPLUS (DEFICIT) FOR YEAR (5,405.47)

KENNINGTON VILLAGE CENTRE

Page 1

Sheet1

Charity Land Account Income and Expenditure for year ended 31st Dec 2024

2022
2023
£
£
INCOME
358.24
322.85 Interest on Investments
244.44
932.07 Other investment Interest
(1,897.22)
699.34 Gains (Losses) on Investments Realised
(1,294.54)
1,954.26
EXPENDITURE
0.00
0.00 Contribution to Village Hall capital expenditure
0.00
0.00 Contribution to Village Hall revenue expenditure
(1,294.54)
1,954.26 SURPLUS (DEFICIT) FOR YEAR
Cash Flow Statement year ended 31st December 2024
2022
2023
£
£
(2,101.81)
(12.69) Operating Surplus (Deficit)
1,789.95
1,919.69 Depreciation
602.68
1,254.92 Charity Land Account Surplus (Deficit)
290.82
3,161.92 TOTAL CASH INFLOWS
0.00
0.00 Net changes in CLA investments

1,485.40
3,785.40 Capital Expenditure net of contributions received
2,483.82
(3,419.38) Working Capital Movement
3,969.22
366.02 TOTAL CASH OUTFLOWS
(3,678.40)
2,795.90 INCREASE (DECREASE) IN CASH
Excluding unrealized gains or losses on investments
Analysis of balances of cash
2022
2023
£
£*
2610.17
2657.63 CAF Cash Account
55971.90
57510.88 CAF Gold Account
1,428.79
1,491.41 CCLA Deposit Account - General
18,743.27
19,890.11 CCLA Deposit Account - CLA
10,000.00
10,000.00 CAF 60 Day Account
0.00
0.00 Cash in Hand
88,754.13
91,550.03
(3,678.40)
2,795.90 Change in year
2024
£
371.92
1,091.17
426.67
1,889.76
0.00
0.00
0.00
1,889.76
£
(5,405.47)
1,665.00
1,463.09
(2,277.38)
0.00
2,449.14
(1,744.27)
704.00
(2,981.00)
£
1601.52
54123.55
1,567.83
21,276.17
10,000.00
0.00
88,569.07
(2,981.00)
2024
£
371.92
1,091.17
426.67
1,889.76
£
(5,405.47)
1,665.00
1,463.09
(2,277.38)
0.00
2,449.14
(1,744.27)
704.00
(2,981.00)
£
1601.52
54123.55
1,567.83
21,276.17
10,000.00
0.00
88,569.07
(2,981.00)

KENNINGTON VILLAGE CENTRE

Page 2

Sheet1

Balance Sheet as at 31st December 2024

2023
£
FIXED ASSETS
350,000.00 Buildings (gross)
(245,000.00) Less Cumulative Depreciation
9,413.35 Improvements and Equipment (net)
1,681.40 Furniture & Equip (net)
108.00 Computer Equip(net)
13954.78 Charity Land Investments
130,157.53
NET CURRENT ASSETS
2,657.63 CAF Cash Account
57,510.88 CAF Gold Account
1,491.41 CCLA Deposit Account - General
19,890.11 CCLA Deposit Account - CLA
10,000.00 CAF 60 day Notice Account
0.00 Cash in Hand
7,159.77 Sundry Debtors and Prepayments
(11,207.81)Less Sundry Creditors and Receipts in Advance
87,501.99
217,659.52TOTAL ASSETS
RESERVES
350,000.00 Donations Reserve
(245,000.00)Less written off
31,196.98 Charity Land Account
79,520.97 Surplus brought forward 1/1/24
1,941.57 Surplus (Deficit) for year to 31/12/24
217,659.52TOTAL RESERVES
2024
2024
£
£
£
350,000.00
(252,000.00)
98,000.00
8,753.00
3,191.89
42.00
11,986.89
14381.45
14,381.45
26,368.34
1601.52
54123.55
1,567.83
21,276.17
10,000.00
88569.07
0.00
7,529.30
(13,321.61)
-5792.31
82,776.76
207,145.00
350,000.00
(252,000.00)
98,000.00
28,085.00
86,465.00
(5,405.47)
81,060.00
207,145.00
2024
2024
£
£
£
350,000.00
(252,000.00)
98,000.00
8,753.00
3,191.89
42.00
11,986.89
14381.45
14,381.45
26,368.34
1601.52
54123.55
1,567.83
21,276.17
10,000.00
88569.07
0.00
7,529.30
(13,321.61)
-5792.31
82,776.76
207,145.00
350,000.00
(252,000.00)
98,000.00
28,085.00
86,465.00
(5,405.47)
81,060.00
207,145.00
2024
2024
£
£
£
350,000.00
(252,000.00)
98,000.00
8,753.00
3,191.89
42.00
11,986.89
14381.45
14,381.45
26,368.34
1601.52
54123.55
1,567.83
21,276.17
10,000.00
88569.07
0.00
7,529.30
(13,321.61)
-5792.31
82,776.76
207,145.00
350,000.00
(252,000.00)
98,000.00
28,085.00
86,465.00
(5,405.47)
81,060.00
207,145.00
207,145.00

Page 3

Sheet1

KENNINGTON VILLAGE CENTRE

Statement of Financial Activities for the year ended 31st December 2024

Note General DesignateEndowed DesignateEndowed Donation Total Total
Fund Funds Fund Reserve Funds Funds
2024 2023
£ £ £ £ £
INCOME AND EXPENDITURE
Incoming Resources
Rents 12984.45 12984.45 16705.6
Lettings 40492 40492 35226
Services provided 1440.62 1440.62 2542.86
Investment income 1405.46 1463.09 2868.55 2356.01
Other income 0 0 0
Total incoming resources 56322.53 1463 57786 56831
Resources expended
Operating , Management
and Administration of the
Charities 2 61727.7 7000 68727.7 62589
Contribution to capital expen 12 0 0 0
Total resources expended 61728 0 7000 68728 62589
Net incoming (outgoing)
resources before transfers -5405.47 1463 -7000 -10942 -5758
Transfers 3
Net incoming (outgoing)
resources for year -5405.47 1463 -7000 -10942 -5758
Other recognised gains
and losses
Unrealised gains (losses) on
investment assets 0 427 427 699.34
Net movement in funds -5405.47 1890 -7000 -10515.47 -5059.45
Balances b/fwd at
1st January 2023 86465 9694.34 16500 105000 217659.34 222718.34
Balances c/fwd at
31st December 2023 81059.53 11585 16500 98000 207145 217658.89

Page 4

Sheet1

Notes to the Accounts for the year ended 31st December 2024

1 Accounting Policies

See statement

2 Operating, Management and Administration of the Charities

General General Donations Donations
Fund Fund Reserve Reserve
2024 2023 2024 2023
£ £ £ £
Salaries of Caretaker & Bookings Mgr. 14070 13257
Honorarium Treasurer 2502.5 2100
Utility services 13134.87 14164.02
Parish Council litter picking services 539.25 0
Cleaning materials/services 17800.55 14856.26
Building maintenance 9061 5716.29
Insurance 2342 2389.66
Other 611 1185.32
Depreciation 1665 1919.69 7000 7000
61727 55588 7000 7000

3

Transfer of funds

There were no transfers of funds during the year.

4

Tangible Fixed Assets

Tangible Fixed Assets
Buildings Building Furniture Total
Improvementsand
Equipment
£ £ £ £
Cost
At 1st January 2024 350000 14392 20837.18 385229.18
Additions 0 0 2449.14 2449.14
Disposals 0
At 31st December 2024 350000 14392 23286.32 387678.32
Accumulated depreciation
At 1st January 2024 245000 4979 19048 269027
Disposals 0 0
Charge for year 7000 660.35 1005 8665
At 31st December 2024 252000 5639.35 20053 277692
Net book value at
31st December 2024 98000 8753 3233.32 109987
Fixed Asset Investments
2024 2023
£ £

5

Page 5

6

7

8

Sheet1
Fixed Interest Investments
Market value 1 January 2024 13954 13255
Additions
Disposals 0 0
Net unrealised investment gains (losses) 427 699
Market value 31 December 2024 14381 13954
Debtors and Prepayments
2024 2023
£ £
Insurance prepayment 1606 2197.8
Debtors Control 5749.15 3485.03
Sundry Debtors 174.15 795
Water Rates Prepayment 0 173.54
Performing Rights prepayment 0 3485.03
HallMaster 0 795
0 173.54
7530 11105
Cash at bank and in hand
2024 2023
£ £
CAF Cash Account 1601.52 2657.63
CAF Gold Account 54123.55 57510.88
CCLA Deposit Account - General 1567.83 1491.41
CCLA Deposit Account - Charity Land 21276.17 19890.11
CAF 60 day Notice Account 10000 10000
Petty cash 0 0
88569 91551
Liabilities due in one year
2024 2023
£ £
Sundry Creditors 7466 0
Calber Facilities Management - cleaning services/materials 1220.06 1452.68
Grundon Waste Management 0 52.76
Utilities 150 4272.4
Wages/Paye 2340.16 3578.6
Oxford Direct Services 0 63
Insurance 0 2397.66
Hirers prepaid & Deposits held 2092 3450
Castle Water 0 56.16
EDF Energy 52.57 -4115.45
13322 11208

Donation Reserve

The Donations Reserve relates to the Village Hall building, which was donated to the Centre by a fund raising Committee. The reserve is being written off each year in parallel to the building to which it relates.

9

Page 6

10

Sheet1

Endowed and Designated Funds

Endowed and Designated Funds
Balance Resources Movements Balance
45292 Incoming Outgoing 45657
£ £ £ £
Charity Land endowed 16500 16500
Charity Land designated 9694 1463 427 11585
26194 1463 427 28085

The Charity Land endowed fund is a capital fund comprising the proceeds of sale of endowed land in 1974, which was part of King George's Field. Interest on the investments purchased from this sale is held in the Charity Land designated fund until allocated for use.

11

Analysis of Net Assets Between Funds

Tangible Investments Net Total
Fixed Current
Assets Assets
£ £ £ £
Charity Land endowed 14381 2119 16500
Charity Land designated 11585 11585
General Fund 109879 69181 179060
109879 14381 82885 207145

12 Contributions to Capital / Revenue Received None during 2024

13 The Village Hall and King George’s Field Charities

The accounts of Kennington Village Centre comprise those of two charities:

  1. Kennington Village Hall

  2. King George’s Field, Kennington, Oxfordshire

The accounts are combined, but the income of the two charities is readily identifiable, although the expenditure is not.

The income relating to King George’s Field is derived from the following:

  1. Kennington Club Premises - rent

  2. Oxfordshire County Library - rent

  3. Oxfordshire County Library - services

  4. Kennington Venture Youth Club - rent and water services

This totalled £18,653 in 2024

Expenditure on the Field charity is low and comprises a small amount of maintenance and cleaning.

The 'Charity Land Account' is wholly owned by the Field charity. Its income derives from interest and dividends on investments and is clearly stated. The current position of the Charity Land Account is shown in the balance sheet.

Page 7

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Roport to the trustees KENNINGTON VILLAGE CENTRE On accounts for the year onded 31.12.2024 Charity no (if any) 300170 Set out on pages (remember lo Include the pa4e numbers ol addilionFJl sheeisl l ￿port to the trustees on my examination of the accounts of the above Gharity ("the Trust.) for the year ended L)L) I, Pijli I '1 Y'i.. Responsibilities and basis of report As the charitys trustees, you are responsible for the preparation of th8 accounts in accordance with the requirements of the Charities Act 2011 ("the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5Xb) of the Act. Independent Ffhe charity's gross income exceeded £250,000 and l am qualified lo examiner's statement undertake Ihe examination by being a qualified member of [insert name of applicable listed bodyJ]. Delete [ ] if not applicable. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below ') which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordance with seclion 130 of the Charities Act. or the accounts did not accord with the accounting records; or the accounts did not comply with the applicable requiremenls conceming Ihe form and content of accounts set out in the Charities (AGcounts 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 no concems and 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. Please delete the words in th8 brackets if they do not apply. Signed: Date: 31.5. ao8S Name: SANDRA WARD Relevant professional qualification(s) or body (if any): IER Oct 2018

Address: 15 ROSS COURT KENNINGTON OXFORD OX15AD Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). Give here brief detalls of any items that the examiner wishes to disclose. IER Oct 2018