Charfty reglstration number.. 300840 Croyde Village Hall Annual Report and Finan&al Statements for the Year Ended 31 December 2025 WESTCOTTS ARTERÈD ACCQUNTANTS • BUsipIÈSS ADV15IR Croyde Village Hall Contents (continued) Referen¢e and Administrative Details Trustees. Report 2to4 Irthpendent Examinerf$ Report Statement of Flnaneial Actwitle5 Balance Sheet Notes to the Financlal Statsments 8t0 16 Croyde Village Hall Reference and Admlnistrative Detalls Trustees: P Walkins R Windsor C Plummer S J Carter J E Cornell S Maddo¢ks N Markham J WirKI A Green-PrKe Charity Registratlon Number 3c(1840 Princlpal Office Clo Mr P Watkins Oslerley Sprlngfield Road Woolacombe EX34 78X Weslcotts ISWI LLP 47 Boulport Street Barnstaple Devon EX31 1SQ Independent Examiner Page 1 Croyde Village Hall Trustees. Report The trustees present the annual report together with the financial statements of the tharity for the year ended 31 December 2025. Structurep govèmancè and managèment Type of governing document Croyde Village Hall is an unincorporated charity registered by way of a conveyance dated 4 November 1949. Organi$ational stru¢ture and tralnlng The trustees ol the tharity. who are all unpaid volunteers, aTe appointed annually at an A.G.M. lo which all local ￿SidentS are inwled or co-opted during the year under powers granted by the conslitulion. All new Trustees are provided with a copy of th& Charity Commission guidance notice CC3, but beyond this no specifi¢ training is considered necessary. Risk assessment The Trustees regularly re￿IeW potential operational and WKler risks to the Charity. The major risks lo which the charity is exposed have been reviewed and the Trustees consider that the constant monitoring of these risks at the monthly meetings of the Trustees is adequate lo mitigate exposure. Objectives and activities The conveyance dated 4 November 1949 details the powers and objects of the charity. Charitable activities The Trustees maintain the fabric of the Hall and ensure that it is made available for use in accordance wth the objects of the charity. Hire fees are charged where appropriate to help I￿Ver maintenance and running costs. Charitsble objectives To hold the Village Hall on trust for the purp03e of physlcal and mental training and recreation and social and intellectual development for the benefit of the inhabitants of the Parish of Georgeham and Croyde. The Committee operates an Equal Opportunities Policy. Public benefrt 5tstement The Trustees consTder that the activities undertaken by the charity lo further its charitable purposes are lor public benefll and comply with the Charities and Public Benefit.. Summary Guidance for Charity Trustee5 lJ8nuary 2008, as amended December 20111. Achievements and perfomian¢è Another year passes and use of the hall remains buoyant with new user groups popping up on a regular basis. The Committee would like lo see the hall Ljsed more during daytime sessions. To that end we would like lo remind the community of potential new uses and lo revNe some historic uses which include pi¢kleball, tsble tennis, whist drives. playgroups and youth clubs. The ha51 provides a venLJe for the ￿l¢e weekly craft markets during the summer months, yoga group, karate group, occasional bithday parbes, band nights and surf lrfe saving club aclivlties. Page 2 Croyde Village Hall Trustees, Report (contlnued) Croyde Players returned for their usual January l February Pantomime performances after breakiny for a year lo gather a breath and work on new material. On¢e again six perfomiances resulted in very few empty seals as the audiences enjoyed a galactic ￿ls1 on an old lavourile - Dlck Whittington. The value of this group can not be understated. Not only doe5 11 provide for a twice a week social gathering for the cast and 5UPPOrt team, but provides such a special occasion for the community never fail to embrace and support the event each year. The hall be¢ame the focal point once again for the annual Christmas Tractor run whith continues to grow with ever increasing numbers of vehides and spectators. The Committee already have 2026 on their radar which PTomlses to be another fun social gathering. A small team of volunteers continue trj lend to the flower troughs and hanging baskets ensuring they bring vibrant colours and sme115 to our Village Hall green and village spaces. The Commiltee would like lo thank all those involved (many of whom are nol on the Committee) for their contribution5 10 brightening up our village. There were no major expendilures Sn the Cufrent feporting per1od as we bolster the accounts lo fund upcoming inilialives which may include a major improvement to the bar facilities - something that has been in the planning for some lime. The front face ol the hall did benefit from a new UPVC double glazed single entrance door (supplied by Woodstock Windows). which replaced the wooden door that had seen better days. The Committee decided it was lime to expand the kitchen facilitie8 by replacing the glass washer with a more capable Industrial Dish Washer. The Hall femains financAally viable wlth healthy acwunts. It should be noted that the ho11 remains self-fvnding with the only sources of income being received from hire fees and our licensed bar. The current Management Commiltee have once again dedicated a significant amounl of their personal lime tD ensuring the vill8ge continues lo enjoy our valuable ¢()mmunily facility. Many on the Committee have remained Trustees for many years and although they arè showlng no signs of resigning just yel Ifingers crossedll, we are always eager lo encourage new members. I would Ilke lo thank each one of our current committee members for generoLJsIy giving up their time lo manage our Vlllage Hall during the 202512026 reporting period - what a leaml Financial revlew Total income decreased from £33,498 10 £26,115. Total expenditure increased from £20.698 to £21,906. a result, there was a surplus of £4.209 cnmpared to £12,800 in 2024. Reserves The Trustees do not feel the need for 8 fomial feseryes policy. However. the Trustees consider that a minimum sum of £5,000 kept in Lloyds current account. is sufficient to cover operational costs for the foreseeable future. The balance in this alxount as at 31 December 2025 was £52.165 12024.. £49,434). Page 3 Croyde Villago Hall Trustees. Report Iconllnued) PIAns for future poriods Our go￿5 2026 remain ¢onsSstenl prevKu$ year3: Encourage th8 conts"nu8d uso of thtr hall by 8 varied usèr group base Contlnual Improv8rnent of the h811 facllitie5 and as30ciated grounds to the exlent funds perniit Seek additlonal Commitleg M?mbers stat¢m•nt of Tru5te8s' RÈspon¥iblliti The Iruslees are responsible for preparfng ihe truslees. tESYYt and the financiBI statements Irb 8cLordance with the United ifjngdom Accounting Standards Iunitèd Kingdom Generally A￿pted Ac(*)unts"ng Pra￿1￿) and ￿plicable Faw and r8gulations. The law applicable to charitie5 requir05 the trustees Lo prepare finrJllLial stalements loi each finandal year which give a true and falr vlew of the gtale ol affairs of the chBrlty and of the incomlng resources and applicabon of resources of the charity for that pellod. In preparing th8s¢ financial statement5, Ihe trustees are requlred to: $818Ct sultablè acwuntlng polici￿ and Ihen apply them conslstsnty, observe thè method5 and prfnoples in the Chariti8s SORP. make I￿1get￿ents and ￿lIMateS that are reasonable and prudent.. Stste wh8th8r applicable acrat& and financial information induded on the charitable cornp8nls websile. Legislation goveming the prepar8UDn and dissemination af finan￿al statèmenls may differ from legislation in otherjuri￿lIth0ns. The annual report was 8pproved by the trust88s of the charrty on 21st Max ￿6 ar￿ signed on i P Watknns Trustee N Markhem Trusle& Croyde Village Hall Independent Examinerfs Report to the trustees of Croyde Village Hall I report to the truste8$ on my examlnation of Ihe a(tounls of Croyde Village Hall for the year ended 31 Deoember 2025. Responsibilitiès and basis of report As the charity trustees of Croyde Village Hall you are responslbie for the preparation of the a¢counts In accordance ￿1b the requirements of the Charib'es Act 2011 {'the Act,). I report in respect of my examination of the Croyde Village Hall's accounts catrfed out under section 145 of the 2011 Act and in carrying out my exarninalion I have followed 811 the applicable Direolions gwen by the Charity Commission under section 14515llbl of the Act. Indepèndent èxamirbevs statemenl I have completed my examination. l confirm that no material matter8 have oome to my attention in connectlon with the examination giving me cause to believe that in any material respect.. aecounting re(x)rds were not kepl in respect of Croyde Village Hall as required by section 130 of the Act.. or 2. the accounts do not accord with those records- or 3. the accounts do not comply with the accounting requirements concerning the form and content of accounts sel 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 aeross no other matters in connection the examination to vthich attentson should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Catherine Williams FCA DChA Independent Examiner Westcotts ISWI LLP 47 8outport Street Barnslaple Devon EX31 1SQ Page 5 Croyde Village Hall statement of Financlal Actlvities for the Year Ended 31 December 2025 Restrictsd Total funds 2025 Unrestricted funds Total 2024 Not Income and Endowments from: Qonations and legacies Other trading actIv￿eS Investrnenl income Other In￿Me 100 23,844 321 350 1,5L)O 1.600 23,844 321 350 2,003 30.736 409 350 Total income 24,615 1.500 26,315 33,498 Expenditure on: Raising funds Charitable aCtiv￿e3 14,078) 17.6411 14,078) 117.828 14.3911 116,3071 (1871 {187 Total expenditure 121.7191 121,9061 4,209 120,698 Nel income 2,896 1,313 12,800 Net movement in bJnds Rèconciliation of funds Total funds brought forward Total funds carried forward 18 2,896 1,313 4.209 12,800 63,641 2.000 65,641 69,850 52.841 66.537 3,313 65.641 Al of the charity's actiwties derive from continuing operations during the above periods. The funds breakdown for 2024 is shown in note 18. The notes on pages 8 to 16 fom an integral part of these financial statements. Page 6 Croyde Vlllage Hall (Registration number: 300840) Balance Sheet as at 31 December 2025 2025 2024 Note Flxed a55Ets Tangible assèts 13 18,OS3 18.057 Gurrent assets stock5 Dabtors Cash al bank snd In hand 14 15 18 250 1.655 1,514 49.634 52.803 52,315 S4,107 12,3101 51,797 Greditors: Amounts falmng du& wlthln one yèar Net current #asèts 17 (5,219) 47.584 Net assets 69,850 65.641 Funds Of th• charity: Re5trietsd Income lund• Rèstricted funds 3,313 2,000 Unrestricted income funds Unr8sknctad funds 66,537 69.850 63.641 65.641 Total funds 18 The fjnancial slatgrnents on page$ 6 to 16 were approved by the Irusle¢8. and aut￿rted fr)r issue on 11￿ W.2U . and si ed their beha￿ by.. P Watknn8 Trustee N Markham Trustee The notes t)n pages 8 to 16 fonn an intègral part of these financi81 staternents. Pago 7 Croyde Village Hall Notes to the Financial Statements for the Year Ended 31 December 202S 1 A¢counting policies statement of compliance The financlal ststements have been prepared in accordance with the second edition of the Charilles Statement of Recommended Practice issued in O¢lober 2019. the Financial Reporting Standard applicable In the United Kingdom and Republic of Ireland IFRS 1021 and the Charities Act 2011. Basis of preparation Croyde Village Hall meets the deflnilion of a publio benefit entrty under FRS 102. The accounts (financial stalemenlsl have been prepared under the hislorical ¢osl convention wlh items re¢ognised al cost or transadion value unless olhepNise staled In the relevant notelsl to these accounts. The financial statements have been prep8red in sterllng which is the functional currency of the ¢harity. Going con¢&m The Iru81ees consSder that there are no materlal uncertainties about the charill5 ability to continue as a going concern. Income and èndowments Voluntary income including donalKJns, gifts, lega￿8$ and grants that provide core funding or are of a general natur& is recognised when the charity has enlillemenl to the income, il is probablè that the income will be rèceived and the amount can be measured ¥hith suffiaent reliability. Donallons and legacles Cknnations and legacies are recognised on a rece5vable basis when receipt is prob8bYe and the amount can be ￿lIab￿ measured. Grants recelvable Grants are recognised when the charity has an entitlement to the fvnds and any conditions linked lo the grants have been mel. Where performance cDndilions are attached lo the grant and are yet lo be mel, the income is recognlsed as a liability and included on the balance sheet as deferred income lo be released. Investment Ineome Dividends are recognised On￿ the dividend has been dedared and notification has been re￿Ved of the dividend due. Expenditure l expendrture Is recognised On￿ theie is a legal or constructive obligation to that expenditure, il 18 probable settlement is required and the amount can be measured reliably. All wsts are allocated lo the applicable expenditure heading thal aggregate simllar costs lo that category. Where eosls cannot be directly allribuled to particular headlngs they have been allocated on a basis eonsislent with the use of resources, with central staff costs allocated on the basis of time spent. and depreciation charges allocated on the portion of Ihe asset's use. Other support costs are allocated based on the spread of staff ¢osts. Page 8 Croyde Vlllage Hall Notes to the Financial Statements for the Year Ended 31 December 2025 (continued) Raislng funds These are ¢osls incurred in attracting voluntary income. the management of investments and those incurred in trading a¢livities that raise funds. Charftable activltie$ Chaiitable expendr(u￿ comprises those costs InCu￿ed by the charity in the delivery of its activities and services for ils beneficiaries. It includes both costs that can be allocated direcuy to such activities and those costs of an indirect nature necessary lo support them. Support costs Support costs include ¢enlral functions and have been allocated to activity cost categories on a basis con51s1ent with the use of resources, for example, allocating property costs by floDr areas. or per capila, staff costs by the lime spent and other ¢osts by their usage. Tangiblè fixed assets Individual fixed assets are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated Impairment losse5. Depreciation and amortlsation Depreciation is calculated so as lo write off the cost or valuation of an asset. less its resSdual value, over the useful economic life of that asset as folk)w$- Freehold property Fixtures, fitbngs and equipment 5Vo slraighl line 15% reducing balan Stock stock is valu8d at the lower of cost and estimated selling price kss cosls to ￿MF￿ete and sell, after due regard for ob$olele and slow moving sto¢ks. Cost 18 deteimined using the first-in. flrsl-out IFIFO). Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments ihal are readily convertible to a known amount of cash and are 5ubjec* to an Ins￿3n1ficanl risk of change in value. Fund structure Unrestricted income fund5 are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charty. Reslricled income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted lo that area or purpose. Page 9 Croyde Village Hall Notes to the Financial Statements for the Year Ended 31 December 2025 (contlnued) Financial Instruments Classlflcation Financial assets and financial liabilities are recognised when the ¢harty be¢ome5 a party to the contractual provisions of the instrument. Financial liabilities and equity instruments ore classified accordlng lo the substance of the contractual arrangements entered into. An eqLJity instrument is any contract that evidences 8 residual Interest in the assets of the charity after deducting all of its liabilities. Fair value measurement The best evidence of lair value is a quoted prfce for an identical asset in an active market. When quoted price5 are unavailable. the price of a recent Ironsaclion for an ideritical asset provides evidence of fair value as long as there has not been a significant change In economic circumstances or a signffjcAnt lapse of time since the transaction look place. If thE'. market is not octive and recenl transactions of an identical asset on their I￿￿ are not a good estimate of fair value, the fair value is estimated by using a valuatKJn technique. 2 Incomè from donations and legacles Unrestrlded funds Restricted funds Total 2025 Donations Grants 100 100 1,500 1,500 1.500 100 1,600 Unrestricted funds Restricted funds Total 2024 Oonations GTanl8 2,000 2,000 2,000 2,003 3 Income from other tradlng activities Unrestricted funds Total 2025 Notice boar Bar sales Hall hiring Income frc*n solar panels 275 5,219 17,134 1,216 23,844 275 5,219 17.134 1,216 23,844 Page 10 Croyde Village Hall Notes to the Flnanclal Statements for the Year Ended 31 December 2025 (continued) Unrestricted fund5 Total 2024 Notice board Bar sales Hall hiring Income from solar panels 400 10.381 17,596 2,359 30,736 400 10,381 17.596 2,359 30,736 4 Inveslment income Unrestricted funds Total 2025 Interest receivable on bank deposits 321 321 Unrestricted funds Total 2024 Inteiesl receivable ¢Jn bank deposits 409 409 S Other income Unre$triGtsd funds Total 2025 Other income 350 350 Unrestricted funds Total 2024 Other income 350 350 Page 11 Croyde Vlllage Hall Notes to the Financlal Statements for the Year Ended 31 December 2025 (continued) 6 Expenditure on raising funds a) Costs of raising donatlons and l•gacies Unrnstricted funds Total 2025 Bar costs 4,078 4,078 Unrestricted fvnds Total 2024 Bar costs 4,391 4.391 7 Expendlture on charitsble activities Unrestricted fvnds Restricted funds Total 2025 Alocated support Costs 17.641 187 17.828 Unrestricted funds Total 2024 located support costs 16,307 16,307 Page 12 Croyde Village Hall Notes to the Flnanclal Statements for the Year Ended 31 December 2025 (continued) 8 Analysis of support costs Support costs allocated to charitable activities Total 2025 Total 2024 Rates Water rates Light. heat and power Insurance Gardening Telephone and fax Sundry expenses Cleaning Repairs and renewals Depreciation Independent examination fees Website costs 885 560 1.157 1,888 1,981 240 704 1,314 2,103 1.570 2.188 240 3.900 3,459 1,864 1,322 572 3,900 858 1,643 1.240 545 17,828 16,307 9 Net incomingloutgoing resources Net incomSng resources for the year indude.. 2025 2024 Depre￿ation of fixed assets 1.864 1,e43 10 Independent examiner's remuneration 202S 2024 Independent examination fees 1,322 1.240 11 Staff costs No salaries or wages have been paid lo employees, including the members of the committee, during the year. The average head ¢ounl of employees during the year was Nil12024- Nill. No employee rec£ived ernoluments of more than £60,000 during the year Page 13 Croyde Village Hall Notes to the Financial Statements for the Year Ended 31 December 2025 {contlnued) 12 Tru5teÈs remuneration and expenses No tnjstees, nor any person5 connected wth them. have received any remuneration from the charity during the year. No trustees have recENed any reimbursed expenses or any other benellts from the charity during the year. 13 Tangible fixed assets Land and FSxtures and buildings fittings Toial Cost Al 1 January 2025 Additions 15,143 26.429 1,860 41,572 1,860 Al 31 December 2025 15,143 28,289 43.432 Depreciation Al 1 January 2025 Charge for the year At 31 December 2025 4,550 350 18,965 1,514 23,515 1,864 4.900 20,479 25,379 Net book value At 31 December 2025 10,243 18,053 At 31 December 2024 10.593 7,464 18,057 14 Stock 2025 2024 Bar stock 250 1.655 15 Debtors 2025 2024 Trade debtors PrepayTnent8 300 1,242 420 1,094 1.514 1.542 16 Cash and cash equivalents 2025 2024 Cash al bank 52,315 49,634 Page 14 Croyde Village Hall Notes to the Flnanclal Statements for the Year Ended 31 December 2025 (contlnued) 17 Creditors: amounts falling due within one year 2025 2024 Trade creditors Other credilots Acciuals 3.688 363 1,168 1.02D 1,290 2,310 5.219 18 Funds Balance at 1 January 2025 Balance at 31 Decèmber 2025 Incomlng resources Resources expended Unrestricted funds General Funds 63.641 24,615 121,7191 66,537 Restricted funds Water Founlain 2,000 1,500 187 3,313 Total funds 65,641 26,115 121,906 69,850 Balance at 1 January 2024 Balance at 31 December 2024 Incoming resourcos Resources expended Unrestricted funds General Funds 52.841 31,498 120,6981 63,641 Rèstrictèd funds Water Fountain 2.CQO 2,000 Totsl funds 52,841 33.498 (20,6981 65.641 UnTeslricled funds are to cover the maintenance and running cost5 of the village ho11 lo enable the charity to fulfil its objects'ves. During the year £1,500 was received towards the water fountsin to be purchased. Page 15 Croyde Village Hall Notes to the Financial Statements for the Year Ended 31 December 2025 (continued) 19 Analysis of net assets between funds Total funds at31 December 202S Unrestricted funds Restrlctod funds Tangible fixed assets Current assets Current Ilabilities 18,053 50,794 2,310 66,537 18,053 54,107 2,310 3.313 Totsl net assets 3.313 69,850 Total fund5 at31 December 2024 Unrestricted funds Restricted funds Tangible fixed assets Current assets Current liabilities 18,057 50.803 15,219 63,641 18,057 52,803 5,219 2,000 Total net assets 2,000 65,641 20 Related party transactions There weie no related party transactions in the year. Page 16