REGISTERED CHARITY NUMBER.. 301266 ortof h Trustee Un ited Financial Statements for the Ye nded 31 rch 2024 for Broomfie d Willa e Hall Chari All Numbers Accounting Finance House 20121 Aviation Way Soulhend Essex SS2 6UN
Broomfi Conlents of the Financial Statements e Year Ended 31 M rch 2 24 Page Report of the Trustees Ind8pendent Examinerfs Report Statement of Financial Activities Balan Sheet Notes to the Financial Statements Detailed Statement of Financial Activities 10 to 11
Broomfield Vill I Chari ort of the Trustees or the Year Ended 31 March 2024 The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. The truslees have adopted Ihe 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 1021 (effective 1 January 20191. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its goveming document. a deed of tnjst and constitutes an unincorporated charity. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charlty number 301266 Princlpal address 158 Main Road Broomfield Chelmsford Essex CM17AH Trustees Broomfield Parish Council Independent Examlner J M Cole FCCA All Numbers Accounting Finance House 20121 Aviation Way Southend Essex SS2 6UN Approved by order of the board of truste8s on behalf by: and signed on its Broom Parish Council - Trustee Page 1
endent mfield Vill amin rf R orttot Hall Chari Trust of Independent examinerfs report to the trustees of Broomfleld Village Hall Charity I report to the charity trustees on my examination of the ac(x)unts of Broomfield Village Hall Charity (the Trust) for the year ended 31 March 2024. 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 Tnjst's accounts carried out under Section 145 of the Act and in Garrying out my examination I have followed all applicable Directions given by the Charity Commission undgr Section 145(5}(b} of the Act. Independent examinerfs sL2tement I have completed my examination. I confinTS thal no material matters hav8 come to my altention in nnection with the examination giving me cause to belleve that in any material respect.- accounling records were not kept in respect of the Trusl as required by Section 130 of the Act., or the accounts do not accord with those records" or the accounts do nol comply with the applicable requirements conceming 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 wlh the examination to which attention should be drawn in this report in order to enable a proper understanding of th8 acixiunts to be reached. J M Cole FCCA All Numbérs Accounting Finance House 20121 Aviation Way Southend Essex SS2 6UN Date.. Page 2
Al Willa ari Statement of Fin cial Activities for the Y nded 31 March 2 31.3.24 Unrestricted fund 31.3.23 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 44,527 68,288 Other Irading activities Investment income 10,083 69,581 4,512 65.100 Total 124,191 137,900 EXPENDITURE ON Raising funds 9.319 3,769 Other 122.579 152.129 Total 131.898 155.898 NET INCOMEI{EXPENDrruRE) {7,707) 117,998) RECONCILIATION OF FUNDS Total fvnds brought forward 50,751 68,749 TOTAL FUNDS CARRIED FORWARD 43,044 50,751 The notes form part of these financial statements Page 3
Villa e Hall Balan Sh t 31 Mar 024 31.3.24 Unrestricte(S fund 31.3.23 Tolal funds Notes FIXED ASSETS Tangible assets 4,505 6.237 CURRENT ASSETS Debtors Cash 8t bank and in hand 3,295 41,396 11,208 37.585 44,691 48,793 CREDITORS Amounts falling due within one year (6,152) (4,279) NET CURRENT ASSETS 38,539 44,514 TOTAL ASSEfs LESS CURRENT LIABILITIES 43.044 50,751 NET ASSETS 43,044 50,751 FUNDS Unrestricted funds 43,044 50,751 TOTAL FUNDS 43,044 50.751 nts ere approved by the Board of Trustees and authorised for issue on . and were signed on its behalf by.. Broom Parish Council - Trustee The notes fom part of these financial statements Page 4
oomfield Vill all Ch Notes t he Financial Statements Year Ended 31 M 2024 ACCOUNTING POLICIES Basis of preparing the financlal statements The financial statements of ihe 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 lo 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 b8en prepared under the historical cost convention. Income All income is recognised in Ihe Statement of Financial Activities On the charity has entitlement to the fvnds, it is probable that the income will be received and Ihe amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing Ihe 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 be8n classified under headings that aggregate all cost related to the category. Where costs cannot be directly attribLrted to particular headings they have been allocated to activities on a basis consistent with the uso of resources. Tanglble flxed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinary Fixtures and fittings Computer equipment 250/0 on reducing balanc8 15°/0 on reducing balan 33°/o on cost Taxation The charity is exempt from tsx on its charitable actniities. Fund accounting Unrestricted fijnds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only b6 used for particular resthcted purposes within the objects of the charity. Restrictions arlse 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 th8 notes to the financial statements. Pension costs and other post-retirement benefits The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the périod to which they relate. Page 5 continued...
mfi Id Vill 11 Chari otes to the Finan for th Year Ended I Statements - 1 March 2024 ued OTHER TRADING ACTIVITIES 31.3.24 31.3.23 Fundraising events 10,083 4,512 INVESTMENT INCOME 31.3.24 31.3.23 Rents received 69,581 65,100 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees. remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. Trustees. expenses There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund INCOME AND ENDOWMENTS FROM Donations and legacies 68,288 other trading activlties Investmenl income 4.512 65,100 Total 137,900 EXPENDITURE ON Raising funds 3,769 Other 152,129 Total 155,898 NET INCOMEI{EXPENDITURE) {17,998) RECONCILIATION OF FUNDS Total funds brought forward 68,749 Page 6 continued...
la hari Notes to the Financial Statements - contlnua for the Year Ended 3 March 202 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - Continued Unrestricted fund TOTAL FUNDS CARRIED FORWARD 50,751 TANGIBLE FIXED ASSETS Fixtures and fittings Plant and machinery Computer equipm8nt Totals COST At 1 April 2023 and 31 March 2024 9,456 11,864 3.425 24.745 DEPRECIATION At 1 April 2023 Charge for year 8,747 177 7.321 681 2,440 874 18.508 1,732 Al 31 March 2024 8,924 8.002 3.314 20,240 NET BOOK VALUE At 31 March 2024 532 3,862 111 4,505 At 31 March 2023 709 4.543 985 6,237 The freehold land and propety known as David Smith Memorial Hall & Recreation Ground and also known as Broomfield Community Centre is held in trust by Broomfield Parish Council {the sole trusleel for Ihe charity. The market value of the freehold land and property at 24 July 2009 was £360,715. The title absolute remains with Broomfield Parish Council. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Trade debtors VAT Prepayments and accrued income 2,745 4,997 4,542 1,669 550 3,295 11,208 Page 7 continued...
d Villa Motes to the Financial Statem for the Year End 31 March 2 ts - conlinu CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Trade creditors Taxation and social security other creditors 584 791 4,777 4.279 6,152 4,279 MOVEMENT IN FUNDS Net movement in funds At 31.3.24 At 1.4.23 Unrestricted funds General fund 50,751 (7,707) 43,044 TOTAL FUNDS 50,751 {7,707) 43.044 Net mvement in funds, included in the above are as follows: Incoming resources Resources Movement expended in funds Unrestricted funds Gener81 fund 124,191 {131,898} (7,707) TOTAL FUNDS 124,191 (131.898) (7,707} Comparatives for movement In funds Net movement in funds At 31.3.23 At 1.4.22 Unrestricted funds General fund 68,749 (17,998) 50,751 TOTAL FUNDS 68,749 (17,998) 50,751 Page 8 continued...
mfiel all Chari Notes to the Finan or th Year Ended tatements - 1 M rch 2024 MOVEMENT IN FUNDS - contlnuèd Comparative net movement in funds, included in the above are as follows.. Incoming resources Resources Movement expended in funds Unreslricted funds General ftjnd 137,900 (155,8981 117,9981 TOTAL FUNDS 137,900 {155,898) (17,998) 10. RELATED PARTY DISCLOSURES Broomfield Parish Council is the sole Trustee of the Charity- During the year Broomfield Parish Council made the folloK4ng payments to the Charity.. Rent tolalling £17.018 Grants totalling £6,600 Page 9
eld Villa Detailed Statement of Financi l Activlties for he Year En 31 March 2024 31.3.24 31.3.23 INCOME AND ENDOWMENTS Donatlons and legacies Donations Grants 4,810 39,717 444 67,844 44,527 68,288 Other trading activlties Fundraising events 10,083 4,512 Investment income Rents received 69,581 65.100 Total incoming rosources 124,191 137,900 EXPENDrruRE Ralsing donatlons and legacies Fundraising expenses 9,319 3,769 Other Wami hub expenses Allotment grant expenses Youth club expenses Winter warmth grant expenses Rotary club grant expenses Local¢ty grant expenses Community garden expenses Campra expenses 1,379 1.718 631 4,440 1821 1,493 164 151 3,565 83 1,000 181 8,516 2,070 18,672 6.637 Support costs Management Wages Social security Pensions Rates and water Insuran Light and heat Telephone Postage and stationery cated forward 46,822 3,140 7,672 2.857 1,472 8,368 371 34 70,736 59,467 3,837 9,520 2.279 1,167 12,951 338 160 89,719 This page does not form part of the statutory financial statements Page 10
omfield Villa Detailed Statement of Financi for the Ye d 31 March ctivities 24 31.3.24 31.3.23 Management Brought forward Advertising Sundries IT Soare and consumables Projects Repairs & maintenance Accountancy fees Plant and machinery Fixtures and fittings Computer equipment 70,736 377 1,968 4T1 16,415 10.029 2.165 177 681 874 89,719 349 1,530 782 34.942 15,446 825 237 790 872 103,899 145,492 Flnance Bank charges Total resources expended 131,898 155,898 Net expenditure {7,707) (17,998) This page does not form part of the statutory financial statements Page11