REGISTERED CHARITY NUMBER: 300302
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
FOR
MARSH GIBBON VILLAGE HALL
Astral Accountancy Services Limited Astral House Granville Way Bicester Oxfordshire OX26 4JT
MARSH GIBBON VILLAGE HALL
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 9 |
| Detailed Statement of Financial Activities | 10 |
MARSH GIBBON VILLAGE HALL
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 300302
Principal address
Clements Lane Marsh Gibbon Bicester Oxfordshire OX27 OHG
Trustees
Ms J Smith Trustee B Leonard Trustee Ms V J Heath Trustee J R P Berry Trustee
Independent Examiner
Astral Accountancy Services Limited Astral House Granville Way Bicester Oxfordshire OX26 4JT
Approved by order of the board of trustees on 17 December 2025 and signed on its behalf by:
Rob Stevens
For and on behalf of the Trustees
Page 1
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MARSH GIBBON VILLAGE HALL
Independent examiner's report to the trustees of Marsh Gibbon Village Hall
I report to the charity trustees on my examination of the accounts of Marsh Gibbon Village Hall (the Trust) for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the 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 Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do 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 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.
Mrs Tracy Norris (FCCA)
Astral Accountancy Services Limited Astral House Granville Way Bicester Oxfordshire OX26 4JT
18 December 2025
Page 2
MARSH GIBBON VILLAGE HALL
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies - Other trading activities 2 81,153 Total 81,153 EXPENDITURE ON Charitable activities Fundraising Activities 28,596 Administration Expenses 18,658 Maintenance Expenses 11,852 Premises Expenses 13,961 Total 73,067 NET INCOME/(EXPENDITURE) 8,086 RECONCILIATION OF FUNDS Total funds brought forward 250,233 TOTAL FUNDS CARRIED FORWARD 258,319 |
Restricted fund £ - - - - 480 - - 480 (480) 480 - |
2025 Total funds £ - 81,153 81,153 28,596 19,138 11,852 13,961 73,547 7,606 250,713 258,319 |
2024 Total funds £ 480 85,030 85,510 26,729 16,241 30,617 18,405 91,992 (6,482) 257,195 250,713 |
|---|---|---|---|
The notes form part of these financial statements
Page 3
MARSH GIBBON VILLAGE HALL
BALANCE SHEET 31 MARCH 2025
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 4 175,355 CURRENT ASSETS Stocks 5 3,252 Debtors 6 362 Cash at bank and in hand 79,849 83,463 CREDITORS Amounts falling due within one year 7 (499) NET CURRENT ASSETS 82,964 TOTAL ASSETS LESS CURRENT LIABILITIES 258,319 NET ASSETS 258,319 FUNDS 8 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted fund £ - - - - - - - - - |
2025 Total funds £ 175,355 3,252 362 79,849 83,463 (499) 82,964 258,319 258,319 258,319 - 258,319 |
2024 Total funds £ 181,114 4,426 2,317 63,828 70,571 (972) 69,599 250,713 250,713 250,233 480 250,713 |
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 17 December 2025 and were signed on its behalf by:
Rob Stevens
For and on behalf of the Trustees
The notes form part of these financial statements
Page 4
MARSH GIBBON VILLAGE HALL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. OTHER TRADING ACTIVITIES
| Fundraising events Hall Hire Income |
2025 £ 50,697 30,456 81,153 |
2024 £ 52,801 32,229 |
|---|---|---|
| 85,030 |
Page 5
continued...
MARSH GIBBON VILLAGE HALL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
4. TANGIBLE FIXED ASSETS
5.
6.
| TANGIBLE FIXED ASSETS | ||
|---|---|---|
| COST At 1 April 2024 Additions At 31 March 2025 DEPRECIATION At 1 April 2024 Charge for year At 31 March 2025 NET BOOK VALUE At 31 March 2025 At 31 March 2024 STOCKS Stocks DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors |
Freehold Plant and property machinery £ £ 219,221 34,282 - 1,165 219,221 35,447 59,023 13,366 4,453 2,471 63,476 15,837 155,745 19,610 160,198 20,916 2025 £ 3,252 2025 £ **362 ** |
Totals £ 253,503 1,165 254,668 72,389 6,924 79,313 175,355 181,114 2024 £ 4,426 2024 £ 2,317 |
Page 6
continued...
MARSH GIBBON VILLAGE HALL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade creditors Taxation and social security Other creditors |
2025 £ - (1) 500 499 |
2024 £ 300 274 398 972 |
|---|---|---|
8. MOVEMENT IN FUNDS
| Unrestricted funds General fund Restricted funds Restricted Fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund Restricted funds Restricted Fund TOTAL FUNDS |
Net movement At At 1.4.24 in funds 31.3.25 £ £ £ 250,233 8,086 258,319 480 (480) - 250,713 7,606 258,319 Incoming Resources Movement resources expended in funds £ £ £ 81,153 (73,067) 8,086 - (480) (480) 81,153 (73,547) 7,606 |
|---|---|
continued...
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MARSH GIBBON VILLAGE HALL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
8. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds General fund Restricted funds Restricted Fund TOTAL FUNDS Comparative net movement in funds, included in the above are as follows: Unrestricted funds General fund Restricted funds Restricted Fund TOTAL FUNDS |
Net movement At At 1.4.23 in funds 31.3.24 £ £ £ 257,195 (6,962) 250,233 - 480 480 257,195 (6,482) 250,713 Incoming Resources Movement resources expended in funds £ £ £ 85,030 (91,992) (6,962) 480 - 480 85,510 (91,992) (6,482) |
|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Net movement At 1.4.23 in funds £ £ 257,195 1,124 257,195 1,124 |
At 31.3.25 £ 258,319 |
|---|---|---|
| 258,319 |
continued...
Page 8
MARSH GIBBON VILLAGE HALL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
8. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 166,183 | (165,059) | 1,124 |
| Restricted funds | |||
| Restricted Fund | 480 | (480) | - |
| TOTAL FUNDS | 166,663 | (165,539) | 1,124 |
9. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
Page 9
MARSH GIBBON VILLAGE HALL
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | - | 480 |
| Other trading activities | ||
| Fundraising events | 50,697 | 52,801 |
| Hall Hire Income | 30,456 | 32,229 |
| 81,153 | 85,030 | |
| Total incoming resources | 81,153 | 85,510 |
| EXPENDITURE | ||
| Charitable activities | ||
| Wages | 12,240 | 12,240 |
| Postage and stationery | 468 | 96 |
| Fundraising Cost | 28,597 | 26,368 |
| Advertising & Marketing | 956 | 351 |
| Cleaning | 2,313 | 3,137 |
| Sundry Expenses | 134 | 182 |
| Insurance | 1,575 | 1,720 |
| Water | 1,730 | 1,265 |
| Light & heating | 5,308 | 7,629 |
| Water | 1,728 | 2,988 |
| Repair & Maintenance | 8,280 | 26,279 |
| Waste Collection | 1,257 | 1,200 |
| Subscriptions | 619 | 712 |
| Telephone & Internet | 582 | 573 |
| Bank Charges | 635 | 568 |
| Accountancy fee | 200 | 150 |
| Bad debts | - | 11 |
| Depreciation of tangible fixed assets | 6,925 | 6,523 |
| 73,547 | 91,992 | |
| Total resources expended | 73,547 | 91,992 |
| Net income/(expenditure) | 7,606 | (6,482) |
This page does not form part of the statutory financial statements
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