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2024-08-31-accounts

AGM Report for Spencers Wood Village Hall - 2024

Good evening and thank you all for joining us for the Spencers Wood Village Hall AGM. As Chair, it’s a privilege to be here and reflect on what’s been another incredible year for the hall, made possible by the dedication of our committee and volunteers.

First, a Special Thanks to Our Key Contributors

First, we owe a huge thanks to Lynn and Chris Baker . They’ve been the backbone of keeping this hall running like clockwork. Whether its ensuring invoices are sent on time or paid, making sure every hall user is well looked after, or spending countless hours cleaning, repairing, and upgrading — they do it all! Chris has even taken up the mantle of Head Chef during Café events - We’re so lucky to have such dedicated stewards of the hall.

Linda Gale deserves an abundance of thanks for her energy and tireless commitment to organizing our community cafés and wrangling volunteers - She keeps them running seamlessly, providing warmth and community spirit with every event.

A massive thank you goes to Tina for her time on the committee. Tina, while you’re stepping down, we’re thrilled that you’ll remain an ad-hoc volunteer. Your presence has been invaluable, and we look forward to seeing you around.

Liz and Neil Major , thank you for bringing the market to life month after month. More behind the scenes; Tom Bambridge has been our invaluable IT support, ensuring our online footprint runs without a hitch and coming soon we will have an improved website from Neil. David , thank you for stepping in with your handyman skills whenever we’ve needed them and for your invaluable input to committee meetings. Last but by no means least, thank you to Andrew , whose contributions keep our discussions on-topic and thorough.

Finally, behind the scenes I’d like to thank Linda’s husband Trevor for his work as the resident caretaker. I’d also like to thank Tina’s Husband Nick for actioning a lot of work with regards to our website.

Achievements of the Past Year

As we look back on the year, I’d like to spotlight a few major improvements we’ve made to the hall. These enhancements wouldn’t have been possible without our committee’s collective efforts:

Committee Vacancies

We have open spaces on the committee and welcome anyone who wants to lend their voice and ideas to our community’s future. If you’re passionate about Spencers Wood Village Hall and want to help shape its direction, we’d love to have you.

In closing, thank you to each committee member and volunteer for your hard work and commitment. The hall is thriving because of all of you. Here’s to another successful year!

Treasurer’s Report for Spencers Wood Village Hall

It gives me great pleasure to present Spencers Wood Village Hall's accounts for the financial year 2023/24. I am pleased to report that our revenue has continued to grow steadily, reaching a peak of just over £45,000. This growth is a testament to the hall’s increased activity and community engagement, supported by the hard work of all involved.

To sustain our restoration programme and maintain the hall as a valuable community resource, we have drawn upon our financial reserves. These currently stand at £47,636

Despite this, the trustees have prioritised financial resilience and diligence, deciding to maintain at least one year’s worth of expenditure in reserve. This prudent measure ensures the hall’s continuity, even in unforeseen circumstances, such as another lockdown.

Our income has been bolstered by a steady increase in both long-term and short-term hires, with the Repair Café and Community Market continuing to make significant contributions. These events not only generate revenue but also strengthen the hall’s role as a hub for local activities.

On the expenditure front, we have made strides in reducing operational costs while also supporting sustainability. The investment in a new boiler is already yielding benefits, as our gas consumption has decreased compared to previous years. Furthermore, we made the conscious decision to switch to Octopus Energy, a green energy supplier, which has not only reduced our electricity costs but also aligned with our commitment to reducing our carbon footprint. By using renewable energy sources, we are actively contributing to a cleaner environment, a responsibility we take seriously as stewards of the community’s resources.

In summary, while it is vital to remain vigilant, I am confident that the hall’s finances are in a strong position. Looking ahead to 2025, provided the UK economy remains stable, I am optimistic about our ability to continue thriving and serving the community effectively while also doing our part for the planet.

I would like to take this opportunity to thank our patrons, our volunteers and my fellow trustees for their continued support and dedication to Spencers Wood Village Hall.

Chris Baker Treasurer, Spencers Wood Village Hall

Charity Name

Spencers Wood Village Hall
Charity Name

Spencers Wood Village Hall
Charity Name

Spencers Wood Village Hall
300204 300204 CC16a
For the period
from
Period start date
01/09/2023
To Period end date
31/08/2024
Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest
£
1,832
42,412
-
250
513
-
-
-
45,008
-
-
-
45,008
25,275
8,306
1,174
1,825
-
-
-
-
-
36,580
210
10,824
1,763
5,712
-
18,508
55,088
- 10,081
-
58,391
48,311
Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Endowment
funds
to the nearest £
Total funds
to the nearest £
1,832
42,412
-
250
513
-
-
-
45,008
-
-
-
45,008
25,275
8,306
1,174
1,825
-
-
-
-
-
36,580
210
10,824
1,763
5,712
-
-
18,508
55,088

- 10,081
Last year
to the nearest £
Fundraising 1,832 -
-
-
-
-
-
-
-
-
1,832 4,656
Hall Bookings 42,412 42,412 33,719
Grants - - 500
Donations 250 250 337
Interest 513 513 451
- - -
- - -
- - -
Sub total(Gross income for
AR)
45,008 45,008 39,663
A2 Asset and investment sales,
(see table).
- -
-
-
-
- - -
Sub total - - -
Total receipts
A3 Payments
- 45,008 39,663
Hall RunningCosts 25,275 -
-
-
-
-
-
-
-
-
-
25,275 15,101
Professional Fees 8,306 8,306 1,108
Insurance 1,174 1,174 1,047
Costs of Fund raising 1,825 1,825 947
Costs of Events - - 1,188
Donations - - 1,107
- - -
- - -
- - -
**Sub total ** 36,580 36,580 20,496
A4 Asset and investment
purchases, (see table)
Computer Equipment 210 -
-
-
210 392
Leasehold Improvements 10,824 10,824 31,341
Plant and Machinery 1,763 1,763 130
Fixtures & Fittings 5,712 5,712 3,365
-
- -
**Sub total ** 18,508 18,508 35,228
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
- 55,088 55,724
- 10,081 - -
- 10,081
- 16,061
- - -
-
- -
58,391 - 58,391 74,452
48,311 - - 48,311 58,391

CCXX R1 accounts (SS)

30/06/2025

1

Section B Statement of assets and liabilities at the end of the period

Categories
Signed by one or two trustees on
behalf of all the trustees
B5 Liabilities
B3 Investment assets
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B1 Cash funds
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Current Account
Reserve
Fundraising
Details
Details
Computer Equipment
Leasehold Improvements
Plant and Machinery
Fixtures & Fittings
Details
Damage Deposit Account
Signature
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
675
-
47,636
-
-
-
48,311
-
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
602
42,165
1,893
1,893
-
-
-
-
46,553
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval

CCXX R2 accounts (SS)

30/06/2025

2

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees Charity Name Spencers Wood Village Hall On accounts for the year 31/08/2024 Charity no 300204 ended (if any) Set out on pages (remember to include the page numbers of additional sheets)

Report to the trustees

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/08/2023.

Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report 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(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns 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.

Signed: Name: Kelly Willcox Relevant professional ACMA qualification(s) or body (if any): Address: 1 Peach Street

Date: 11/06/2025

1

Oct 2018

IER

Wokingham

RG40 1XJ

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 details of any items that the examiner wishes to disclose .

2

Oct 2018

IER