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2025-03-31-accounts

MURSLEY VILLAGE HALL

Charity Number 300308

ANNUAL REPORT AND ACCOUNTS

YEAR ENDED 31ST MARCH 2025

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MURSLEY VILLAGE HALL

TRUSTEE’S ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2025

  1. Mursley Village Hall, Main Street, Mursley, Bucks is registered with the Charity Commissioners (No. 300308) and operates under a Trust Dated dated 26" June 1961.

  2. In accordance with the Trust Deed the Charity’s principal purpose is to maintain and operate a village hall in Mursley which is available for hire by all members of the community.

  3. The Trustees serving during the year were as follows:Mr N K Webb - Deputy Chairman Mr DJ Bartlett - Treasurer Mrs E A Hagger - Secretary Mrs M C Luxton - Bookings Secretary Mrs C Stimpson Mr S Dumbleton - from 10 October 2024

The trustees are generally appointed annually at the charity’s annual general meeting to which all adult members of the village are invited to attend and vote. Certain village voluntary organisations are entitled to nominate and appoint a trustee to represent them.

The custodian trustee for the property is Mursley Parish Council. They do not have any management responsibilities for the charity.

  1. The Trustees are responsible for preparing the annual accounts in compliance with current statutory requirements as far as they are applicable to the charity.

They are also responsible for maintaining proper accounting records which disclose with reasonable accuracy the financial position of the charity and safeguarding of the charity’s assets.

  1. We continued to enjoy high usage of the Hall during the year with the value of bookings during the year being similar to last year at £17,624 of which £17,902 was received during the year.

We also organised and participated in four fund raising events during the year. These raised £2,888 (2023-24- £3,082) and details are given in Note 2 to the accounts.

During the year we commenced work to refurbish and improve the fire exit doors and the kitchen. Barry Agnew, our former Chairman, agreed to lead this project and in particular source grants to enable us to proceed. We were successful in obtaining a £10,000 grant from the Lemford Foundation and a £5,000 grant from the Garfield Weston Foundation which together with the donation received in the prior year from Mursley Parish Council of £3,000 enabled us to commence this project. The refurbishments are now almost complete and are expected to cost a total of £28,000.

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MURSLEY VILLAGE HALL

TRUSTEE’S ANNUAL REPORT FOR THE YEAR ENDED 315? MARCH 2025

In March 2025 we received a further grant from Mursley Parish Council of £3,000 for improvements and refurbishments which has enabled us to redecorate the Hall’s corridor and finally complete the works needed as a result of the water damage prior to the roof repairs in 2023 and 2024.

At 31st March 2025 we had cash at bank of £31,582 compared to our minimum level of reserves set by the Trustees of £15,000 and £28,244 at 31st March 2024. Following completion of the improvements and redecoration we expect to have cash in the bank of approximately £16,000.

  1. The Trustees aim to keep sufficient reserves to cover approximately six month’s operating costs as well as funds to allow for emergency repairs. With ever increasing costs we have increased our target for the desired minimum level of reserves to £15,000. We also aim to build up funds to cover the regularly recurring types of maintenance expenditure associated with the upkeep of the Hall.

All funds are held either in a bank account maintained with TSB Bank plc or on seven day’s notice in a Scottish Widows Bank plc account.

For and on behalf of the Trustees:

DJ BARTLETT TREASURER

13 MAY 2025

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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MURSLEY VILLAGE HALL

I report on the accounts of the Charity for the year ended 31st March 2025 which are set out on pages4 to 6.

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(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioner. 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 the 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 showa “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 matter has come to my attention:

  1. which gives me reasonable cause to believe that in any material respect the requirements:

  2. a) to keep accounting records in accordance with section 130 of the 2011 Act; and

  3. b) to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or

  4. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

R V BRIANTL FCA

53 GUNNERSBURY AVENUE LONDON, W5 4LP

13% MAY 2025

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MURSLEY VILLAGE HALL RECEIPTSAND PAYMENT ACCOUNT

YEAR ENDED 31ST MARCH 2025

Note 2025 2024
£ £
RECEIPTS
Lettings income 17,902 17,309
Hirers liability insurance recharged 433 593
Net income from fundraising events 2 2,888 3,082
Grants for Kitchen and Doors improvements 5 15,000 -
Grants for roof repairs - phase 2 5 - 33,817
Donations 3 3,201 4,813
Net income from 200 Club 4 560 380
Interest received 91 75
40,075 ~___60,069
PAYMENTS
Caretaker 7,760 7,500
Cleaning materials 252 307
Gas and electricity 3,604 3,717
Insurance 2,048 1,672
Water 1,055 467
Euro bin collection 326 430
Fire extinguisher service 88 88
Performing Rights Society 193 345
Gas and electricity service 481 489
Laundry of cloths - -
Internet and website 602 976
Capital improvements and repairs 5 20,113 46,070
Sundries 215 283
36,737 62,344
Netmovement foryear 3,338 (2,275)
Opening Funds 28,244 30,519
Closing Funds 31,582 28 244
Represented by the following Net Assets
Cash atTSB Bank pic 25,457 22,210
Cash at Scottish Widows Bank plc 6,125 6,034
31,582 28,244

Approved by the trustees on 13th May 2025 and signed on their behalf by:

CSO &E—= D J BARTLETT TREASURER

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MURSLEY VILLAGE HALL

NOTES TO RECEIPTS AND PAYMENT ACCOUNT

YEAR ENDED 31ST MARCH 2024

1. Basis of Preparation

The accounts have been prepared on a receipts and payments basis.

2. Income from fundraising events

2. Income from fundraising events
2025 2024
Income Costs Net
£ £ £ £
Quiz evening 856 181 675 570
Mursley Artisan Festival 2,637 1,970 667 903
Share ofHoe-Down Night 503 - 503 -
Share ofMurder Mystery Night 1,043 - 1,043 -
Contribution from King's Coronation event - - - 500
Share ofBurns Night evening - - - 674
Share ofMidsummer Mursley evening - - - 435
5,039 2,151 2,888 3,082

3. Donations received

3. Donations received
2025 2024
£ £
Local lottery 26 26
Mursley Parish Council for improvements 3,000 3,000
Mursley Horticultutal Society closing funds 130 -
Bank error 45 -
STUMP Fund via Mursley parish Council - 1,687
Mursley School House Trust - 100
3,201 4,813
4. Net income from 200 Club
2025 2024
£ £
Members contributions 1,710 1,530
1,710 1,530
Expenses
Prize money 1,130 1,130
Licence 20 20
1,150 1,150
560 380

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MURSLEY VILLAGE HALL

NOTES TO RECEIPTS AND PAYMENT ACCOUNT

YEAR ENDED 31ST MARCH 2025

5. Capital improvements and repairs

5. Capital improvements and repairs
2025 2024
£ £
Kitchen improvement works 11,425 -
Doors improvementworks 7,018 -
Main hall redecoration 464 .
Outside repairs 516 -
Plumbing repairs 491 588
New bridge tables 96 -
Wasps nest removal 60 .
Roofrepairs - phase 2 - 44,100
New lighting in hall - 207
Cutlery, tablecloths and storage boxes - 438
Replacement microwave - 200
New village hall sign - 60
New fire extinguishers - 445
Other 43 32
20,113 46,070

During the year improvement works for the Doors were completed and Kitchen improvement works commenced. The Kitchen improvement works are expected to be completed in early May.

The total costs of these improvement works are expected to be in the region of £28,000.

Grants were received totalling £15,000 specifically for this work and the £3,000 received in 2023-24 from Mursley Parish Council for improvements and refurbishment was also used towards the costs of this work. The total net cost to the Hall of these improvements is therefore expected to to approximately £10,000.

6. Funds

All of the Hall's funds are held in instant access bank accounts.

All of the Hall's funds are unrestricted except for £3,000 received from Mursley Parish Council towards future hall improvements and refurbishment. These funds were used to partly cover the redecoration of the Hall corridor completed in April 2025.

7. Trustees Remuneration and Expenses

None of the Trustees received any remuneration or contribution towards expenses in the current or preceding year.