THE CRANTOCK VILLAGE HALL AND RECREATION GROUND CHARITY Registered Charity No." 300532 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 THE CRANTOCK VILLAGE HALL AND RECREATION GROUND CHARITY CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Page 1 General Infomialion Page 2 Report of the Trustees Page 3 Independent Examiner's Report Page 4 Statement of Financial Activities for the year ended 31 August 2025 Page 5 Balance Sheet as at 31 August 2025 Pages 6- 10 Notes to the accounts THE CRANTOCK VILLAGE HALL AND RECREATION GROUND CHARITY General Infomiatlon for the ear ended 31 Au ust 2025 Trustees MrsJECox MrFACox Mr G Champion Mr T Craggs Secretary MrsJECox Treasurer Mr G Champion Charity Contact Address MrFACox Sandy Ridge Beach Road Crantock Cornwall TR8 5RN Registered Charity No.. 300532 Accounlanls Whilakers Chartered Accountant5 Bryndon House 517 Berry Road Newquay Cornwall TR7 1AD Page 1 E CRANTOCK VILLAGE HALL AND RECREATION GROUND CHARI al ear ended 1Au st2 The Trustees present their report with the Financial Statements for the year ended 31 August 2025 Re istered Charit Numb 300532 vemance The Gharily 15 governed by a Trust Deed and the scheme approved by the Charity Commissioners lor England and Wales on 15 September 1995 8nd amended S June 2000. Management of the Charity's affairs is conducted by a duly elected Committee. hari The Charills objects are the provision and maintenance of the Village Hall and Recreation Ground, Halwyn Road ,Crantock TR8 5R T. Tr lee The Trustees during the period under review are as per the list on page 1. Achievements and Performan nd Financial Review The tsverall loss for the year was £2,721. Last year was a Loss of £5.979. The time ihe Committee members Spent ensuring parking income kept OUT liquid funds at a very salislactory level. The Trustees investment policy is lo place any surplus funds on high interest deposit to obtain the best rale ol return. A reserves level of £18,000, moved on deposit. is considgred necessary. erv All the reserves of the Charity are deem¥d for the objects ol the Charity. The Trustees consider that the balance of fund5 al the year end is required lo sustain the continuing operations of the Charity. As stated above two years operating c05t5 have been transferred lo a Bank Reserve account lo r5ng fence these reserves lo ensure Ihe Charity conlin(Jes as a going concem. V lunteer H Various local individuals donate their time in keeping the surrounding areas neat and tidy, and helping parking operations. Risk Man ment Review The Trustees have ¢ondLJ¢led their own review of the major risks lo which the Charity is exposed and systems have been e518blished lo mitigate these risks. Internal risks are minimised by the implemenlalion of procedures for aulhorisation of all Iransaclions. On behalf of the Trustee$ MRFACOX Chairman 31 October 2025 Page 2 INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS RT O THE TRUSTEES OF THE CRANT CK VILLAGE HALL AND RECREATION GROUND CHARITY ON ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2025 SET OUT ON PAGES 4 T Rèspectlve responsibilities of Trustoes and Examiner As the Charity's Trustees you are responsible for the preparation of the accounts. You Consider that the audit requirement ol Section 144121 ol the Charities Act 2011 Ilhe 2011 Act) is not required and that an independent examination is needed. 11 is my responsibility lo'.- examine the accounts under Section 145 of the 2011 Act lo follow the procedures laid down in the General Directions given by the Charity Commi55ion (Under Section 14515llbl of the 2011 Act and lo slate whether particular mallers have come lo my allenlion Basls of Indepondent Examlner's Report My examination was carried out in accordance with the General Direckn'ons given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accoun15 presented with those records. 11 also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees concerning any such rnatters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an opinion as to whether the accounts present a true and fairf, view and the Report is limited lo those mallers set out in the ststement below. Independent Examiner's Statement In connection with my examination, no matter has come lo my attention.. 11 WhiGh gives me reasonable cause to believe that in any material respect the requirements lo keep accounting records in accordance with Section 130 of the 2011 Act., and lo prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been mel,. or 21 to whieh, in my opinion, allenlion should be drawn in order lo enable a proper understanding of the acGounts lo be reached. Dale I l November 2025 S G HAWKEY FCA Whiiakers Chartered Accounlanls 8ryndon House 517 Berry Road Newquay Cornwall TR7 1AD Page 3 THE CRANTOCK VILLAGE HALL AND RECREATION GR UND CHARITY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025 Notes Endowemenl Unrestrictsd Funds Funds Total 2025 Total 2024 INCOMING RES URSE Donations and Grants Charitable Activities Other Trading Activities Inveslmenls Other Income 10,666 36.103 803 208 10,666 36,103 803 208 30,297 712 211 TOTAL INCOME RESOURSES 47,780 47,780 31.220 RESOURCES EXPENDED Expenditure on, Charitable Activilles 50,501 50.501 37,199 TOTAL RESOURCES EXPENDED 50,501 50.501 37,199 NET INCOMEIIEXPENDITUREI Gross Transfers Be￿een Funds Funds at 1 September 2024 -2.721 -2.721 -5.979 495.584 92.727 588.311 594,290 Funds at 31 August 2025 10 £495,584 £90,006 £585,590 £588,311 Page 4 THE CRANTOCK VILLA BALAN LL AND RECREATION GROUND CHARITY 1 AUGU T 2025 ESH Notes Endowment Unre8t¥icted Funds Funds Total 202S Total 2024 FIXED ASSETS Tangible Assels Property as revalued Additions at C051 83,423 412,161 83.423 412.161 83,423 412,161 495,584 495,584 495.584 Equlpment- Village Hall Play Equipment 23,670 18,301 23.670 18,301 28.922 14,311 Total Fixed Assets 495.584 41.971 537.555 538,817 RRENT A ETS Debtors Cash at Bank and in Hand 3,951 46,302 3,951 46,302 6.307 44,842 50,253 50.253 51.149 CREDITORS Amounts falling due within one year -2,218 -2,218 -1.655 Net Current Assets 48,035 48,035 49,494 TOTAL ASSETS LESS CURRENT LIABILITIE £ 495.584 £ 90,006 £ 585,590 £ 588,311 FUNDS OF THE CHARI 10 Unreslricted Funds Endowment Funds 90,008 90,006 495,584 92,727 495.584 495,584 495,584 £ 90.006 £ 585.590 £ 588,311 Approved 31110￿025 FACOX Chairman Page 5 HE CRANTOCK VILLAGE HALL AND RECREATION GROUND CHARITY NOTES TO THE A co NTS FOR THE YEAR ENDED 31 AUGUST 2025 Note 1 Basis of Preparation asis of Accountin These accounts have been prepared under the historical cost convention as modified by the revaluation of Fixed Assets and in accordance with the Slalemenl of Recommended Practice Accounting and Reporting by Charities preparing their accounts in accordance with Ihe Financial Reporting Standard applicable in the UK & Republic of Ireland IFRS 1021 issued on 16 July 2014 and with the Charities Act 2011. Freehold property lo include al a revaluation amount with the in¢rease represented in the Revaluation Reserve. The addition of land in 2003 is al cost, as well as legal access costs and redevelopment costs in 2005, 2006, 2007. 2008, 2009 and 2024. Goin Concern There are no material uncertainties that tho Charity will be able lo continue as a going concern. Two years operating costs have been pul aside for contingent purposes. Chan f Accountin Poli The Accounts present a true and fair view and the accounting policies adopted are those outlined in Nole 2 There have been no changes in the year. Chan es lo Accountin Eslim The basi5 of the Depreciation Charge on Play Equipment was changed in 2016 from 15% written down value lo 250/0 wrillen down value per annum. This virtually equates lo writing off the Play Equipmenl ilems over 8 years. Material Prior Year No malefial prior year errors have been identrfied in the reporting period. Page 6 HE CRANTOCK VILLAGE HALL AND RECREATION GROUND CHARITY NOTES TO THE ACCOUN NOED 31 AUG ST 02 Note 2 Accounting Policies Ineome Recognition of Income ISOFAI when.- These are included in the Stalernents of Financial Activities The Charity becomes ents'lled to the resources.. it is more likely than not that the Trustee5 will receive the rt80urees,' and the monetary value can be measured with sufficient reliability. Offsetting - There has been no offsetting of assets and liabilities or income and expenses unless required or permilled by the FRS 102 SORP. Grant and Donations Grants and Donations are only included in the SOFA when the general income recognitions criteria are mel. Legacies- Legacies are included when receipt is probable. Government Grants The Charity received funds from Cornwall Council under the application for S106 funding for amenity spaces. In 2023, the grant wa5 via the Queen Elizabeth 2nd Platinum Jubilee Fund for Village Halls. Volunteer Help - The value of any. voluntary help received is not included in the accounts bul is described in the Trustee's Annual Report. Income from Interest This is included in the accounts when receipt is probable and th amount re¢eivabl& can be measured reliabty. Ex ndi ure and Liabilities Liability Recognition - Liabilities are recognised where il is more likely than not that there is a legal or conslruclive obligation committing the Charity lo pay out resources and the amount of the obligation can be measured with reasonable certainty. Redundancy Cost- The Charity made no redundancy payments during the reporting period. Deferred Income- No material item of deferred income has been included in the accounts. Assets Tangible Fixed Assets for use by Charity - These are capilalised if they can be used for more than ona year. and cost al least £50. They are valued at C051. The Depreciation Rates and methods are disclosed in Note 6. Debtors Debtors (including trade debtors and loans receivable) are measured on initia1 recognition al selllemenl amounts after any trade discounts or amount advanced by the Charity. Subsequently they are measured at the cash or other consideration expected to be received. Page 7 THE CRANTOCK VILLAGE HALL AND RECREATION GRO ND CHARITY NOTES TO THE ACCOUNTS FOR THE YEAR ENDEO 31 AUGUST 2025 Note 3 2025 Unrestricted Funds Prior Year Donations and Grants Donations Government Grants 576 10,090 10,666 Chari18ble Activities EV Charging Income Hall and Equipment Hire Car Parking 2,517 17,703 15,883 480 15.621 14.196 36,103 30.297 her din ivities Fundraising Events Monthly Draw 803 712 803 712 Note 4 Ex enditure on Charitable Activities Travellers lTrcidenl Licence costs Broadband costs Light and Heat Water Rates Insurance Repairs, Renewals & Maintenance Cleaning Costs & Materials Parish Magazine Printing & Postage Sundries Website Costs Depreciation Professional Examination Fee 4.360 159 495 3,383 554 3.625 6,071 3,429 100 29 420 14 14,410 150 187 548 4.272 672 4,681 21,107 4,721 100 61 12 13.990 150 50.S01 37.199 Page 8 THE CRANTOCK VILLAGE HALL AND REC EATI N GROUND CHARITY OTE THE ACCOUNTS FOR THE EAR ENDED 1 AUGUST 2025 This Year L8St Year Note 5 Fees for examinlation of the accoun Independent Examiner's Fee 150 150 Note 6 Tan ible Fixed Assets Cost or Valuation Freehold Land & Buildings Vill?ge Hall Equipment Playground Equipment Total Al 1 September 2024 Addition5 Disposals 495,584 81,542 2,638 114,167 10,090 691,293 12,728 Al 31 August 2025 495.584 84,180 124,257 704,021 Depreciation Al 1 September 2024 52.620 99,856 152,476 Depreciation 7.890 6,100 13,990 Al 31 August 2025 60,510 105,956 166,466 Nel book value al the beginning of the year 495,584 28,922 14,311 538,817 Nel book value al the end of the year 495.584 23,670 18,301 537.555 Note 7 ors Pre Trade Debtors Prepayments and Accrued Income ments 13 3,938 84 6,223 Note 8 ors 8nd Accruals fallin Trade Creditor5 AGcru8ls 3,951 6,307 e within one ar 2,090 128 1,655 2.218 1,655 Note 9 TT slee Remuneration and Ben rils None of the Trustees have been paid any remuneration or received any other benefits from an employment with the Charity. No Trustee expenses have been incurred. Page 9 THE CRANTOCK VILLAGE HALL AND RECREATION GROUND CHARITY NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2025 Note 10 Fund Anal sis All designated for the object of the Charity Alas 01.09.24 Movement in Year Asat 31.08.25 Income Funds Endowment Funds- Cost Endowment Funds - Revaluation 92,727 406,665 88,919 -2.721 90,006 406,665 88,919 £588,311 -£ 2.721 £585,590 Page 10