Charity number: 301292
Corringham Hall
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 December 2024
Corringham Hall Contents Page For the year ended 31 December 2024
| Report of the Trustees Independent Examiner's Report to the Trustees Statement of Financial Activities Balance Sheet Notes to the Financial Statements Detailed Statement of Financial Activities |
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Corringham Hall Report of the Trustees For the year ended 31 December 2024
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 December 2024. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES Objectives and aims
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefi running a charity (PB2)'.
REFERENCE AND ADMINISTRATIVE INFORMATION
| Charity registration number | 301292 |
|---|---|
| Principal address | Springhouse Road |
| Corringham | |
| Stanford Le Hope | |
| Essex | |
| SS17 7LE | |
| Trustees | |
| The trustees and officers serving | during the year and since the year end were as follows: |
| R A Goldsmith | |
| E Prince | |
| Mrs J D Goldsmith | |
| Independent examiners | SAB&T (UK) Limited t/a JMC Accountancy |
| Suite C, 15 Buckwins Square | |
| Burnt Mills Indutrial Estate | |
| Basildon, Essex | |
| SS13 1BJ | |
| Bankers | Lloyds TSB |
| 1 Legg Street | |
| Chelmsford | |
| Essex | |
| CM1 1JS |
Approved by the Board and signed on its behalf by:
............................................................................. 3 December 2025
R A Goldsmith Trustee
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Corringham Hall Independent Examiners Report to the Trustees For the year ended 31 December 2024
I report on the accounts of the charity for the year ended 31 December 2024, which comprise the Statement of Financial Activities, the Balance Sheet and the related notes.
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 required.
It is my responsibility to:
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examine the accounts under section 145 of the 2011 Act;
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to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act); and
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to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. 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 seeking explanations from you as 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 present a '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:
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to keep accounting records in accordance with 130 of the 2011 Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met, or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
…………………………………………………………………………..
SAB&T (UK) Limited t/a JMC Accountancy
Suite C, 15 Buckwins Square Burnt Mills Indutrial Estate Basildon, Essex SS13 1BJ
3 December 2025
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Corringham Hall Statement of Financial Activities For the year ended 31 December 2024
| Notes Income and endowments from: Other trading activities 2 Total Expenditure on: Raising funds 3 Other trading activities 4/5/6 Total Net expenditure Reconciliation of funds Total funds brought forward Total funds carried forward |
2024 Unrestricted funds £ 51,008 51,008 (12,184) (34,913) (47,097) 3,911 (656) 3,255 |
2023 Total funds £ 72,394 72,394 (33,883) (44,050) (77,933) (5,539) 4,883 (656) |
|---|---|---|
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Corringham Hall Balance Sheet As at 31 December 2024
| Notes Fixed assets Tangible assets 11 Current assets Stocks 12 Debtors 13 Cash at bank and in hand Creditors: Amounts falling due within one year 14 Net current assets Total assets less current liabilities Net assets The funds of the charity Unrestricted income funds 15 Total funds |
2024 £ 11,612 11,612 2,111 - (5,660) (3,549) (4,808) (8,357) 3,255 3,255 3,255 3,255 |
2023 £ 13,662 13,662 3,028 2,339 (6,545) (1,178) (13,140) (14,318) (656) |
|---|---|---|
| (656) (656) (656) |
These financial statements were approved and authorised for issue by the Board and signed on its behalf by:
…………………………………………………………………….
R A Goldsmith Trustee 28 September 2024
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Corringham Hall Notes to the Financial Statements For the year ended 31 December 2024
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and 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 (FRS 102), and the Charities Act 2011.
Corringham Hall meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Funds
All funds held by the charity are for the sole use of running of the Charity Hall.
Incoming resources
All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Resources expended
Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity t the expenditure:
Taxation
The charity is exempt from tax on its charitable activities.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Improvements to property 15% Reducing balance Fixtures and fittings 15% Reducing balance
Stocks and work in progress
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Irrecoverable VAT
Irrecoverable VAT is included in the Statement of Financial Activities, and is reported as part of the expenditure to which it relates.
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Corringham Hall Notes to the Financial Statements Continued For the year ended 31 December 2024
2. Income earned from other activities
| Unrestricted funds Other trading activities ure on other trading activities Unrestricted funds Support costs charitable activities by fund type Unrestricted funds Running of Hall Support costs charitable activities by activity type Activities Grant Support undertaken funding of costs directly activities £ £ £ Support costs 11,720 18,391 3,362 nce costs Accountancy fees of support costs Fundraising Running of trading hall £ £ Depreciation - 2,049 Bank charges - 1,313 Bar purchases 12,184 - 12,184 3,362 |
2024 2023 £ £ (51,008) 72,394 (51,008) 72,394 2024 2023 £ £ 12,184 34,083 12,184 34,083 2024 2023 £ £ 31,029 36,162 3,884 6,248 34,913 42,410 2024 2023 £ £ 33,473 42,410 2024 2023 £ £ 1,440 1,440 1,440 1,440 2024 2023 £ £ 2,049 2,411 1,313 3,837 12,184 34,083 15,546 40,331 |
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3. Expenditure on other trading activities
4. Costs of charitable activities by fund type
5. Costs of charitable activities by activity type
6. Governance costs
7. Analysis of support costs
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Corringham Hall Notes to the Financial Statements Continued For the year ended 31 December 2024
8. Net income/(expenditure) for the year
This is stated after charging/(crediting):
| Accountancy fees ts Total staff costs for the year ended 31 December 2024 were: Salaries and wages Staff |
2024 2023 £ £ 1,440 1,440 2024 2023 £ £ 11,720 5,508 11,720 5,508 2024 2023 - - - - |
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9. Staff costs
10. Trustee remuneration and related party transactions
A the end of the year, the trustee, R Goldsmith, loaned the company £12,780 to help with cashflow.
11. Tangible fixed assets
| **Improvements ** | Fixtures & | ||
|---|---|---|---|
| Cost or valuation | to property | fittings | Total |
| £ | £ | £ | |
| At 01 January 2024 | 17,438 | 45,739 | 63,177 |
| Additions | - | - | |
| At 31 December 2024 | 17,438 | 45,739 | 63,177 |
| Depreciation | |||
| At 01 January 2024 | 9,257 | 40,258 | 49,515 |
| Charge for year | (1,227) | (822) | (2,049) |
| At 31 December 2024 | 8,030 | 39,436 | 47,466 |
| Net book values | |||
| At 31 December 2024 | 9,408 | 6,303 | 15,711 |
| and work in progress | |||
| 2024 | 2023 | ||
| £ | £ | ||
| Stock | 2,111 | 3,027 | |
| 2,111 | 3,027 |
12. Stocks and work in progress
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Corringham Hall Notes to the Financial Statements Continued For the year ended 31 December 2024
13. Debtors
| Amounts due within one year: Trade debtors Prepayments and accrued income 14. Creditors: amounts falling due within on Trade creditors Other creditors Accruals and deferred income 15. Movement in funds Unrestricted Funds General General |
2024 2023 £ £ 2,339 - - - 2,339 e year 2024 2023 £ £ - 4,808 12,780 4,808 12,780 Balance at Incoming Outgoing Balance at 01/01/2024 resources resources 31/12/2024 £ £ £ £ (656) 51,008 (47,097) 3,255 (656) 51,008 (47,097) 3,255 |
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Purpose of Unrestricted Funds
General
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 objectives 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.
16. Analysis of net assets between funds
| Unrestricted Funds General General |
Tangible Net current Net Assets fixed assets assets/ (liabilities) £ £ £ 15,711 (8,357) 7,354 15,711 (8,357) 7,354 |
|---|---|
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Corringham Hall Detailed Statement of Financial Activities For the year ended 31 December 2024
| INCOMING RESOURCES Activities for generating funds Other trading activities Total incoming resources RESOURCES EXPANDED Fundraising trading: cost of goods sold and other costs Bar purchases Charitable activities Wages Rent and rates Insurance Light and heat Telephone Postage and stationary Advertising Repairs and maintenance Hire of equipment Travel Licences and training IT costs Professional fees Cleaning Subscriptions Depn of improvements to property Depn of fixtures & fittings Governance costs Accountancy Support costs Finance Bank charges Total resources expanded Net expenditure |
2024 £ 51,008 51,008 12,184 11,720 2,251 963 8,048 1,430 235 907 1,202 1,728 - 168 1,064 395 - - 1,227 822 32,160 1,440 1,313 47,097 3,911 |
2023 £ 72,394 72,394 34,083 5,508 9,199 892 7,079 2,716 376 704 3,754 912 33 96 3,622 180 374 717 1,444 967 38,573 1,440 3,837 77,933 (5,539) |
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This page does not form part of the statutory financial statements
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