Registered charity number 301352
Abridge Village Hall Trust
Report and Accounts
31 December 2022
Abridge Village Hall Trust Report and Accounts Contents
| Page | |
|---|---|
| Charity Information | 1 |
| Report of the Trustees | 2 |
| Independent Examiner's Report | 3 |
| Receipts and Payments Account - unrestricted fund | 4 |
| Receipts and Payments Account - restricted fund | 5 |
| Statement of Assets | 6 |
| Notes to the Accounts | 7 |
Abridge Village Hall Trust Charity Information
Trustees
J.E. Myson (Chairperson) J.J.A. Hand (Vice Chairperson) B.S. Fennell (Treasurer) A. Garner (Secretary) J.E. Fouracres D.G. Comber J.T. Harris M. Drewe T. Hockley A.H.W. Worton D.W. Blain J.T. Harding S.C. Day K. Wright J. Drewe
Independent Examiner
Precise Tax 37 The Lindens Loughton Essex IG10 3HS
Bankers
National Westminster Bank Plc 133 High Street Barkingside Ilford Essex IG6 2BU
Principal address
39 Ongar Road Abridge Essex RM4 1UD
Registered charity number
301352
1
Abridge Village Hall Trust Registered Charity Number: 301352 Report of the Trustees
The trustees present their report and the accounts for the year ended 31 December 2022.
Abridge Village Hall Trust was incorporated by a trust deed dated 12 September 1963 and was registered with the Charity Commission (registration number 301352) on 12 December 1963.
Objects of the charity
The principal object of the charity in the year review continued to be to provide a village hall for the use of the inhabitants of Abridge and the neighbourhood without distinction of sex or of political, religious or other opinions, and in particular for the use of meetings, lectures and classes, and other forms of recreation and leisure time occupation, with the object of improving the conditions of life for the said inhabitants.
Reserves policy
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained as a level equivalent to between three and four month's expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. This level of funds has been maintained throughout the year.
Risk factors
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
I declare, in my capacity of charity trustee, that the trustees have approved the report above and have authorised me to sign it on their behalf.
B. Fennell Treasurer
12 April 2023
2
Abridge Village Hall Trust Independent Examiner's Report
To the trustees of
Abridge Village Hall Trust
We report on the accounts of the Abridge Village Hall Trust for the year ended 31 December 2022, which are set out on pages 4 to 7.
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 our responsibility to…
-
Examine the accounts under section 145 of the 2011 Act;
-
To follow the procedures laid down in the general Directions given by the Charity Commissioners under section 145(5)(b) of the 2011 Act; and
-
To state whether particular matters have come to our attention.
Basis of independent examiner's report
Our 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 the trustees concerning and 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 the course of our examination, no matter has come to our attention:
-
(1) which gives us reasonable cause to believe that in, any material aspect, the requirements:
-
To keep accounting records in accordance with section 130 of the 2011 Act; and
-
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 our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Precise Tax Accountants
37 The Lindens Loughton Essex IG10 3HS
12 April 2023
3
Abridge Village Hall Trust Receipts and Payments Account
For the Unrestricted Income Fund for the year ended 31 December 2022
| Receipts Other donations Grants received (due to Covid) Operating activities to generate funds Fundraising Hall lettings Investment income receipts Bank interest - unrestricted funds Total receipts Payments Charitable activities Light & heat General & water rates Cleaning Licence fees Rubbish collection Advertising Insurance Fire protection Gifts & donations Repairs & renewals Repairs to premises Alarm and CCTV costs Management and administration Postage & stationery Subscriptions Training Bank charges IT costs Telephone Food & drink Accountancy Sundry expenses Total payments Total receipts less payments Cash funds as at 1 January 2022 Cash funds as at 31 December 2022 |
£ £ - - 10,000 28,988 38,988 174 39,162 9,106 542 2,056 1,141 2,769 360 1,117 1,439 - 3,122 3,624 2,099 27,375 198 66 125 421 231 1,097 389 450 346 3,323 30,698 8,464 134,819 143,283 2022 |
£ £ 220 17,080 4,245 16,251 20,496 7 37,803 7,591 777 945 1,121 2,670 360 982 828 100 1,216 6,675 4,283 27,548 595 66 - 288 348 1,190 - 450 180 3,117 30,665 7,138 127,681 134,819 2021 |
|---|---|---|
4
Abridge Village Hall Trust Receipts and Payments Account For the Restricted Income Fund for the year ended 31 December 2022
| Non development fund Receipts Other receipts Interest received Total receipts Transferred to cash funds Payments Total receipts less payments Funds at 1 January 2022 Funds at 31 December 2022 |
2022 £ - - - - - - - |
2021 £ - - - - - - - |
|---|---|---|
5
Abridge Village Hall Trust Statement of Assets as at 31 December 2022
| NatWest Plc - Current account NatWest Plc - Reserve account Cash in hand Net assets - unrestricted fund Abridge Village Hall Cost of site Development and improvement costs Cash funds - unrestricted fund Assets retained for the Charity's Own |
£ £ 62,834 79,576 873 143,283 143,283 29,425 253,041 282,466 2022 Use |
£ £ 54,452 79,402 965 134,819 134,819 29,425 253,041 282,466 2021 |
|---|---|---|
Signed on behalf of the trustees on 12 April 2023
B. Fennell Treasurer
6
Abridge Village Hall Trust Notes to the Accounts for the year ended 31 December 2022
- 1 Accounting basis
The accounts have been prepared on a receipts and payments basis, with all revenue and expenses shown on a cash basis.
2 Taxation
Abridge Village Hall Trust is a registered charity and is not liable for corporation tax on its income under section 505 on the Income and Corporation Taxes Act 1988 to the extent that it is applied to its charitable activities.
3 Status
Abridge Village Hall Trust is a registered charity and is governed by its constitution.
7