Registered charity number 301352
Abridge Village Hall Trust
Report and Accounts
31 December 2024
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) M. Drewe (Vice Chairperson) B.S. Fennell (Treasurer) J.E. Fouracres (Secretary) J.J.A. Hand D.G. Comber J.T. Harris D.W. Blain J.T. Harding H. Moore 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
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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 2024.
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
18 March 2025
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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 2024, 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…
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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 Commissioners under section 145(5)(b) of the 2011 Act; and
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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:
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(1) which gives us reasonable cause to believe that in, any material aspect, the requirements:
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To keep accounting records in accordance with section 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 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
18 March 2025
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Abridge Village Hall Trust Receipts and Payments Account
For the Unrestricted Income Fund for the year ended 31 December 2024
| Receipts Donation - Bar and social club Insurance claim Other donations 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 Repairs & renewals Repairs to premises Alarm and CCTV costs Management and administration Postage & stationery Subscriptions Donations Bank charges IT costs Telephone Consultancy Accountancy Sundry expenses Total payments Total receipts less payments Cash funds as at 1 January 2024 Cash funds as at 31 December 2024 |
£ £ 10,000 11,988 - 1,750 25,631 27,381 1,692 51,061 15,368 2,143 80 1,166 3,144 400 1,193 2,889 662 3,362 2,074 32,481 85 80 100 265 100 1,616 200 552 344 3,342 35,823 15,238 147,032 162,270 2024 |
£ £ 20,000 - 300 1,530 23,789 25,319 962 46,581 21,856 1,693 1,773 1,120 2,844 360 1,157 1,275 829 4,075 2,249 39,231 681 60 - 631 110 1,399 - 540 180 3,601 42,832 3,749 143,283 147,032 2023 |
|---|---|---|
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Abridge Village Hall Trust Receipts and Payments Account For the Restricted Income Fund for the year ended 31 December 2024
| Receipts Grants received Total receipts Transferred to cash funds Payments Total receipts less payments Funds at 1 January 2024 Funds at 31 December 2024 |
2024 £ 10,000 10,000 - - 10,000 - 10,000 |
2023 £ - - - - - - - |
|---|---|---|
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Abridge Village Hall Trust Statement of Assets as at 31 December 2024
| NatWest Plc - Current account NatWest Plc - Reserve account Cash in hand Net assets - unrestricted fund Grants received Abridge Village Hall Cost of site Development and improvement costs Cash funds - unrestricted fund Investment asset - restricted fund Assets retained for the Charity's Own |
£ £ 29,680 132,230 360 162,270 162,270 10,000 10,000 29,425 253,041 282,466 2024 Use |
£ £ 65,563 80,538 931 147,032 147,032 - - 29,425 253,041 282,466 2023 |
|---|---|---|
Signed on behalf of the trustees on 18th March 2025
B. Fennell Treasurer
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Abridge Village Hall Trust Notes to the Accounts for the year ended 31 December 2024
- 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.
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