Charity number: 302671 Ash Vlllage Hall Unaudited Trustee5' report and flnanclal slal•ments For the y•ar •nd•d 31 D•comber 2024
Ash Vlllag• Hall Contonts Page R•fer•n and adminlstratlv• detslls ol th• Charlty. Ils Trust•es and advlsers Trustoe3' roport Indend•Tht •xamln*i r¢port Stat•m•nt ol flnanclal actlvltl•• Balan sh••t Not•$ lo th• flnanclal $t•t•monl• 8-17
Ash Vlllw Hall
Ref•r•nce #nd administralive d•tsll$ of thg Charity, it¥ Trustts$ and •dvis•r•
For the year •nd•d 31 D•¢ember 2024
Tru•tO99
Mr T Jones. Chaimwn
Mrs H Hfftrrl, Vieè Chalrm
Miss D ANJTew5
Mr C Bumsidé
Dr D Greavès
Mr B Lasl
Mrs L Laon. Tsr
Mr M Titterton
MsMRO4wn
Mr G K Bradbury
Rev M A Mcxri3
Ms H D Ellis
Ash Villag• Hall Trust•os' roport For th• year •nd¥d 31 Docember 2024 The Trustees pres¢nt Ihelr amual reF tofv the flnandal slalem8nts ofthe Charlty for the from 1 Juary 2024 10 31 Oec4mber 2024. ObJ•ctlv• and arll¥ltl•4 . Policies and objective¥ The Charivs obpdive and its wincip4 activity ts the provrsion aTrJ maintenance of a vtllage hall for the use of the inhabitants of the Parish of Ash AithcAJt distinction of polilrcal, religious or other opInnS. induding use for meetings. lectures classes and other foms of wealion and lelsufevllme oCuJpall with the obpctive of improving thè condili¢Jn# of sh for th8 8aKI inhabilants. In setting ObltiveS and plannin9 for ocl1wtS. Ihe Tru$tee$ have given due ¢onsider8tson to gener81 guidance published by the Charily commiss relating to pubk benefit. indud1 the guidance PLAic benofil.. running charity IPB21'. Achl•v•m•nts •nd p•rfomiwK• . R•vl•w ol •ctlvtth• The Charity has ccffjllnued lo provmle arKI maintan the Mllap hal for usè by th& inhabitants ol lh8 Parish of Ash. Durfng the year. the Charfty Te¢Oived one £2.CL)O bThnl from Ash P•ish Cncil. ¢owmg 2024.W• 81so had 8 gr1 from the 9overrffienl towards wr gas t411 lor £SIXI. Tho Trustees have been able to rostart to hold 8 commlty coff6• rrMbirJ ¢ a mmth. This advty IS held for l¢xal charilies the Willag8 H811 charity lo raise Irom Ihg sale of I()d and ddnk and other goodB such as greeting cards. These events have boen run by thg thffwonl tharitsos that the hall have bgon very SU8$$1 In rai8ing funds koeping hall as a rAntral Fac¥ lo moot In tho communty. QULZ event was run by th• Tntstè•s kn Fébnbory. 4811 Is #r. to rals• fvnd6 the hal. Th1$ ov•nt rasad £508. Th8 'Dover Lotto, ral8od £608 In th& yr by lIj lotto Ickets. b. Inv•#tm•nt pollcy and p•rformanc• The Charfty holds 172.66 shares in the COIF Charitigs Inveslment Fund In(xKne Shares. v8sled in ihe nam8 of th¢ Officlal Cuslodlan for ChaeS. The ChaY recleves dlvldend Income lo support Ih8ir objecliv88. These assets are not reflecled on the Balance Sheet. The v81ue ol these shares al 31 Decembor 2024 was £3.504 (2023: £3.426}. n*nclal rgvl•w a. Golng ¢onc•m After maklng appropriate enquiries. the Tnjstees have a reasOnaé 8xpoctatiC•n that thè Charity ha$ •d¢quèts resource$ lo conknnu¢ in operational existen¢e for the foreseeable fvlure. For this reason, they continue lo adopt the going conc8m basis in preparing th8 financial stalem8nts. Furth8r d8tails regardirvJ th8 adc4)tlon of the golng concem basis &in be found in the accounling 1les. Page 2
Ash Vlllage Hall Tru•ts•3' report l¢onllnu•d) For th• year ended 310•c•mber 2024 b. R•••rv•8 polky The present level of fvndin9 i¥ adequate lo supwt tho contlnu8tlon of the projects now In operalon, for the medM tem). wid the Twstees nSider the financi position of the Charily to wrrenty be satisfactory. The Charrtl5 reservos stood al £136.484 at 31 Docembor 2024 12023 - £134,41kS), including cash res6rvgs of £60,52512023- £53.747}. c. Hlr• ¢harg•s Th• costs romaln es)mpetrtlve vhthkn thè k)cal ar•8. d. Communlty Infrastruc¢ur• L•vy The Ash Vllago Hal has a number ol housts¥J development in PTOWS arKI boing planned. Th (mmlttee try to be present at any plannlng or consultstion mo8trn9 lo r•prent the villag& hall. Three quastions to be Conl81ed with ragar(I to fknanci81 wuestg IS106) on luttè hwslng developm8nts In the Parfsh ol Ash are.. What Increased rd does Ih? Vlgge H811 envlsagp ov¢r the rxI &10 yoar8 larl¥lng from the new hcuglng d6velopmantsl. Whal evidence do•8 the Vllage Hall hav• ihal th emtiw capacity nOt moet exi$lng need. How would the aspirations of Ihe Viltage Ham help meet the id6nlfjd &(hJitlonal nood for an M)¢wse lo open Space ¢arryirKJ cawity andlor new add11Ke rowlional laciltios. The Hall ts well [ed in lh6 wgekday¥ and evenings, bul c(xld tsk• nw• bookings on the weekend. Conslrainls lo Increasing ihe capacity of the etsng premisos We. - Lack of storage space. - Need to update and expand Ihe kitchen thiliti¢s. - Existing is not suitable for Indoor Sp3. It would be F4)ssibl• lo extw# the jildI4 but to a Ilrrdl•d degree. ExpdIng the kitchen fadlitses could InGre weekend use of thè H1. We need to Identify much 0dtthtlaI u8• fr(xn th• lun9 dfjvelopment a)uhl be rnet rf constrain18 were removed StNctur•> goY•rn•n¢• •Thd mnA•fflent •. Il•thod• of appolnlmenl Dr •l•¢llwi of Trust• The man8gemenl of Ihe Charity is the respon81Jility of the Tw8tees are ecitsd and cwted under tho lerms of the Trust deed. b. Organl$atian•l 8tructur• •MI dxhionamaking pollcl•• Th8 Charty is organised wlth a Committee of Man•9emènt Tru9teos me8tsng rngul8rty to manago Its affairs. The Trustees induda reprèsentatives of varbous ganISa10n$, and are apptiinted annually al the Annual Genorgl Meetlng. The Trustees hav8 tho pcwor to casual vacan5 duriThJ the y2ar. The Trustses have the power to vos1 any surplus funds.
A•h Willap Hall TnMt•M' r•port Iconllnuodl For Ihe y¢•r •nd•d 31 Docemb•r 2024 Strncthm, governaThc• and m•Mg•m•rt icon> c. Flnancial rk m•n•gemwrt The Trustees have asse55ed the maM iisk5 lo whh the Chanty is exrnsed. in path'cular those related lo the operabons and an5 crf tre ChaTty, and are Satisf that system$ and PTc¢edures are in lo mrtigate eXp)SU lo the maior risks. Plam for fulur• p¢rfod• New double glazed d¢5 have ntyw been installe(1. 2024. 8 rtew Sel of Chai was PUTGhased 2024 $0 we now have 72 cornfort¥tsb chwrs. In 2025, we are disCUrg a krtchen refrJrbishment, 50rr tables and sortlng out Ouf slor89e area arn# equiwwil. SL•hm•nt ol Tr1•0. Mpon•lbllMI•• Th• Trusloes are responsible for prèparng the Trustees, repct aTrJ Ihe finan¢Lal slalernnts in 8ccord8neA8 Mlh apicable kw and Unrted Kingdom Accou1.n9 sIdard8 (United ngth)M Generally Accepted P£counling Prxtul. Th• W appluble b c8ritr# In Eno•nd & Wales requres th• Tru8ttts to p? finrAKlal slatements fcf exh finanoal which gNe a tNe and fair vivw ol Ihe slate ol affairs ol Ihe Ch•nty aTrJ of its Incon and application ol re$Tee$. Induding tts ona expenditure, lor that peiitra. In tKeparing tP)ese financial statOnI8. tt)e Trustees are requwed to.. sekcl simlable acwJntY¥J and In 4pply thgm 11tnty, obserye the methcmjs ar principles of the Chrrtieg SORP IFRS 1021.. make jutdgemenls and ac(xiunb'n9 estimates thal are reaaonable and pnthnl state whether applicabkn UK ACCn11n9 Standards IFRS 1021 hav• boen knllowj, $ubJgct J any material departures discbsed and ened in the ffinancHI Statements., prepare the finan¢i41 ststements on the uyxng b•sis unl•ss it is inappropTiBte to wegurrE that th8 Charty w tnb"ne in b1rs. The Truglees are reynsle for keeprva adequ K4xuntlng records that are SUInt to sh¢Jw and expl8ln the Charity's transacbons and disdose with reasonable jraCY al any time t finaneAal positlon of the Charity and enable them to ensure that Ihe fin6nc481 ststements cowyly wth the Chanties Act 2011, th8 Charity IAc£cMJnts and Reports) RegulalKrf)$ 2008 and the provi$p)ns of tho Trust deed. They aTr also T05pon$ible for safeguarding the assets of t Ch arml for l¥king r•awnats St• ft)r th• pY•¥•ntion and d•tKts'on of fraud and other ityegulaiitw. Approved by order of the nwthrs of bod of Truslees arrfl svjneol on th•'f behalf by.. MrTJon Chaiman Date: 24 July 2025 MrnH Vtt Chairman P¥4
Ash V611ag• Hall Indepèndent oxamlnerfs report For the year ended 31 Do¢emb•r 2024 Ind•p¢nd•nt •y•mlMr's r•port to th• TnMt•M ol Ash Wilag• Hal fth• Ch•rltyl I rewrt lo the charity Trustees ¢)n my examwl)n of th8 financial slatements of th8 Charty for the year erKled 31 Decembor 2024, which are set out on pag9$ 8 to 17. R•sponslbllltles and ba¥18 of r•port As Ih Trusl•es of tho Charty afe respombk kn Ihe weparation of tho financial stalem8nts in accordance wtth Ihe requirem6nts of the Ch8rfUe5 Act 2011 Dhe 2011 Lt'). I report in r&$pe¢t of my examinalknn of Ihe Charitys financial stalemMts &qrried out undor $6¢tion 145 of the 2011 Acl wd Carrn9 oul my axwnination I have folowe41 Ihe alcable OireGtion$ gr¥en by the Charity Commission der Section 145{5Xb) ol the 2011 Act. Ind•p•nd•nt •xamln•rfs •ta•m•nt Your attenlh?n is drawn lo the fact that the Charty has pr8pared the a¢nIS In 8ccordanc8 with Accounting Ènd Reporting by Charlties.. Slalemenl of Rec(xnmendod Practice applicablo to chils weparing theSr flnan¢l81 statsments Ir) 01rdanc8 wth Ihe FinAn¢i81 Reporting Standar(l applicab h) tho UK and Ropubllc of Ireland IFRS 1021 in preference lo the Accounting and Rewting by Charilie$.' Statement of Recornmended Practice i58uad on 1 April 2005 ¥vhich 1$ roleffed lo m Ihe •xtartl re9allOnS but has been wilhdrnwn. l understand Ihat Ihis has begn done in order fcrf thè finandal statements ID provlde a true and falr vitrw in accordan wlih Ihg Goneralty Ac¢epled Accwnting Prac effecbve for re['rj poriods bèginning on or after l Jonuary 2019. I have complètèd my •xaminatknn. I conlkm that no mallers have c4)me to my att8nllon In rAJnnectlon with the oxamlnaiion gimng me cause to bg1i?ve thal matèrial mspe¢l: accounfjng reco1 worè not kepl kn ra8POCt of th• Chty gs require(I by soctlon 130 01 Ihe 2011 AGt.' or th• finanrAal slalem•nts do not accord those rewds,. ¢x Ihe finan¢lal s18i•monts do not compty with tr applicatAe r8quirem8nts cOnmIng the form and conl•nt of accounls s8t out in the Charities IAcrA)Wtts and R•portsl Raguialions 2008 other than any requiremont that the ffinandal statements give a and laie vi8w whith is not a matter Considered as wrt of an independonl oxaminalfi. I have no concems and have gcross no other matt•rs in eonnectson with ihe ex8min8tion lo which attenlion shLwld bo drawn in this Teport in crter lo enable a proper understaTrJing of the finandal sthtemenls lo be reached. Thi$ Toport 1$ mle solaly to Chaill$ TnJstee& as a bcJy. m accordance with Part 4 of the Charitfje8 IAcci)un15 and Reports) Regulations 2008. My has been undertaken so that I mighl slate to the Charitys Trustses those mattors l am required lo state to them in arn Independènt examinerfs report for no other purpose. To the fulkst extenl permitt9d by law, I do w xcept or a$sume re$wnsibility lo an& other than the Charity and the Charitys Truste6s 88 8 br*. lor my WO or for thts reporL SwJn¢d: MKRDyer Kre$ton R••v•8 LLP Ch8rter8d Accountsnts 37 Sl hAargarel's Street Canterbury Kent. CT12TU Il,,k LL Dat. 18 Sepknnber 2025 ACCA MAAT Page 5
A8h Vlllag• Hall Slatèmènt of flnan¢lal actMtI¢$ For th• year •nd•d 31 D•c•mb•r 2024 Restricted Unrestricted funds fund¥ 2024 2024 Total funds 2024 Totsl 2023 Income from: Donations aF)d legacies Other trading aclivilies Investmernls 2.5DO 30,307 1.587 2.500 30,307 1,587 2,020 26.662 1.211 Total Incom• 34,304 34,394 29.893 Exp•ndltur• on: Charitable activilies 2,11XI 30216 32,316 24.403 Totsl •xp•ndhur• 2.100 30.216 31316 24,403 N•t mov•m•nt In fvnO• 12.1001 4.178 2.078 5.490 R•eon¢lllatlon ol fvnds: Totsl funds brought foTh4ard N81 movement In fur8 71,074 <11001 63.331 4.178 134.401 2.D78 128,916 5.490 Total funds c•rrl•d lorward 68,974 67,510 136h84 134,406 Th• Statemenl of finanaal aclMtlo8 Indth all galrr6 and r•Lwis•d in th• &r. The note8 on paw 8 10 17 fom part d thb88 l*wKbal slatsmonts. Page 6
Ah Vlllap H•ll Balance shmt AS at 31 D•c•mb•r 2024 2024 2023 Flxed ass•ts Tangible •ssets Cuff•nt a•¥•t• 74.704 78,735 Debto Cash al bank and in haThJ 2,281 53.747 61$02 56.028 CreditOf¥" atiYArfs falliig due wrthin one 10 (772 13571 N•t ¢iirniN a•••t• 81.780 55,671 Total n•t as••ts 136,484 134,406 ChaY IV Restricted fund8 Unrestricted funds 11 68,974 67,810 71,074 63,332 11 Total lunds 1%.484 134.4C Th• ffin•n¢iai st*•ments were apwowj and aUthty issu• ty th? TrpAl••8 •nd swJn•d on thelr b8h8lf by., MrTJon Cttaiman Dale. 24 Juty 2025 H H¢x• Chairman The ncles on p•ges 8 to 17 fcffti of these firwKyal slater15. Page 7
Ash Vlll•g• Hall Not•s to the Ilnan¢lo1 stat•nts For th¥ y•ar •nd•d 31 December 2024 O•n•ral Inftwmation Ash Village Hall llhe Charrtfl Is an unlncxxpaIed tharity in Ensland and Wales, with the cnarity registration number 302671. The wjdress of the gIStered office is 10 Queens Road. Ash. Canterbury. Kent. CT3 28G. The objectives of Ihe Charity conl'nue to be the provision and maintenance of a village hall for the use of Ihe inhabitants of the Parish of Ash willK)ul distinction of political, religious or other opinions. induding uso for the meetlng5, ledures and dasses and other form$ of re68.0n and 18lsure- tsme occupation with th8 ObctiVe of IMrr0 the cffidittty of life for Ihe said inhabitanl5. c¢)unllng polkl•¥ 2.1 BAl# of pr•paration of financlal slal•m•ftts Tho )In•ndal sLèments havo b88n wopar8d n accwdance with the chariti SORP IFRS 1021- Accounlng and Reporbng by Charities.. Ststement of ReComn1Yed Practke 8ppllcabl8 to tharltles preparing their accy)unts in accordance wriih th8 Financial Reporting Stsndard applicable in the UK and Rgputlic of Ireland IFRS 1021 (effectwe 1 Januwy 20191, the FinClaI Repo.ng Slandorty applicable in the UK and Republ of I1&1 {FRS 1021 the Charitigs Act 2011. The financial stal8m8nls hav8 be8n pr8parad to live a Irue and falrf vièw and have deported from the Charities IAcc¢wnts and Rep)rtsl RegulatS 2008 only lo the oxtenl r8quir8d tr> provid8 a and lairf This d6partur• has involvod folkTh¥ing t Charities SORP IFRS 102) published in October 2019 rather than the Acco1 and Reporting by ChèTMlès.' Stal•monl of R•cornmend8d Pracllce effective from 1 Wi'l 21x15 whith has been withdrawn. The meets Ihe definrtM of a publ benefit onilty und•r FRS 102. Assets and Ilab116tl88 are InallY recognlsed at hislortal cost or Iw$8ction vakje unless otheThvlse stsled in the relevant aGcounlirvJ poky. The financial sl8lements arè prtyared on a 90ing concem basis undar the historical c051 convent, modffied lo inclLMJè certain items ai lair va. The finala1 slalemenls arè pres•nted in sterling, wch is the functional cUrreY of tho Chaiity and roundad to th& n•8r681 £. Tho iigrwThc4nl ac£ounthry pca'cies appled kn pre&0n of tl$e fift¢111 stalemonts we sel out below. These polldes have bèen con8iStenlty appld to an ar8 pre88nled unless Otherwlse slated. 2.2 GolrvJ conc•rn The TN$te•$ •8ses$ whelhor the use of conc8m 15 4iprowiats i.e. vthether there are aw material uncertainties related to evenls or condit)ns that may cast significant doubl on th8 ability of the Charity to continue as a goiry concern. The Trustees makè this assessmenl in respect of a nod ol 01198s1 one year from the date of aulhort5ation for issue of tho financTral statemnts and hwg conduded Ihal the Charlty has adequate rèsoureès to continue in cygr8tional existence lor the lorèsee8ble future and there are no material uncgrtnties aboul the Charitls ability to continue as a going con¢em. thus they C{linue to ath)Frt th8 goiig wicern b8sis ol accounting in prepwing thg firnCIal slatemants. Page 8
A8h Vlll•g• H•N Not•¥ to th• flnanclal statmènts For the year ended 31 Decembw 2024 Accountlng poll¢l•s (contlnued) IJ Inc¢)m• Al inix)m8 is r8ccJnised oncè Ihè Charty has entitknient to tha inrA)me, il is probgbb that the income w&¥ be recEived arKI the alnI of ffKome T8(ra can be measured relably. Grants are inclwjed in the Ststemenl ol fmancial actMts$ on a receivable basis. The balan¢¢ of incorne received for specFfic KAW)s8s bul rKJt expended during the perfod is shown in th8 relevant lunds on the 8alance sheet. whe KKome rs e1ved in advan7 of enliuemenl of receipt, Ils recognition is delerreé and indje in ¢ThJrtws as defeed Ine4)mg. wr0 8nllll8m•nl occurs before inwme is receNed. the income t¥ awued. Income lax recx)verable In relatw to thnalths recefved under Grfl or deBd8 of covfrn&nt Is recogni$¢d •1 thè limè of the don8tion. In¢om• tax recoverable in ren to invesknenl nccrfne is recogni8ed 81 the kn'me Ihe inveslmpnl Incofne 13 reI¥•b. 2.4 Exp•ndltur• Expenditure Is recwised (c• Ihore i¥ a l¢gal or WIStrle oblhjalbon to transfer economlG benefit 10 8 Ihd party. it is wobable Ihal a transfer of aCnomiC ben¥ffts will b• rewired in &•ttlemènt and the amount ol the obligation can be mwurnd relwbty. Exp8ndilurè on ¢h8nlable actiwlJes is incwred on dir8dly undortaklry tho activttl88 ¥thich further the Charitys objectives. as well as any 8s8oci01od 8upp(xl costs. All •xp•rbdlltsre18 Inthsfv• of lff8cover8ble VAT. 2.5 Int•rMt r•e•lv•bl• Inleresl on funds held (m d8posil h MILKled r•cthiabl@ )d the amount can b8 m•aSra ro1Sably by Chortty; thls 5$ normally w noliftrAlknI of the IntOTest p•kl or Pable by the Instrtuth)n wlth whom th• luThJ$ are deposbt•d. 2.6 Tx•tlon The Chaty Is consldered to pass Ihe tests sol oul In Paragraph 1 Sth¢de 6 01 the Flnance AGI 2010 8nd therefor8 it meèts the defin'On of a caritable c4)mpany for UK corporatl¢)n tax purpo98$ AccordinJy, the Charity is polèntialty èxèmpt from taxatlon In rn5pect of incom8 or capital gains rtrolvèd wthln tegorIeS covered by Chapter 3 Part 11 of the corratIcffl Tax Ad 2010 or Section 256 of Ihe Taxal)n of Chwwble Gains Act 1992. to Ihe extenl that such Incomo or galns are applied exdu5ivety lo charilable pwJo808. 2.7 Tangib flxed a•••ts and d•y•d•tlon Tèngible fupd assets arg iniliamy recognwl al cost. After Tecognion, undgr the wtst mod&l. larEible rixed assets are measured al cost 188s mulated deprecbation and any a¢cumLdated impaiiment losses. Al cosls irurred lo bring a larwible ffixed asset into ils intended working condltson slM)uld be IrKluded in the measurnmont of cost. At eath reporting date the Charity assesses thth8lher tre is any Indicati of impairment. If such Irl¢ation exists. the recoverable am¢)unt of Ihe asset B delem?ined to be higher of its fair value less eosts to sell an¢J its value in use. An inpamenl is recogNsed where the carrying amount exceeds the recover81Ye 8mtMJnt. Page 9
Ash Vlllago Hall Not¢s to the flnan¢lal stal•ments For the year ended 31 December 2024 countlng poll¢l•$ l¢ontlnu•dl 2.7 Tanglble Ilxed asset$ and depre¢la15on IG•>nllnu•dl Depreoakn'on is (tharged so as to alale the 51 of I?11e fixed assets less their residual value over their estimated useful lives. Depre¢iatson is pmwded fe4h)w bases: Froohold proporty offi oquipmenl Other fixed assels - 50 stralght lkne 25% reducing ba1CO - SO years. straight line 2.0 D•lknrs Trade and other deblors are r8cognised 8t thè gettlemènt 8mlnI. PrePanIS are valued al the am01 prepaid. 2.9 Ca•h al bank and In hand Cash at bank and in hand Includos cash and SIrt-lerffl hwJhly liquid investrnents wth a short maturity of IhM months or lèss from the date of a¢qulsibcm or openiig of Ihe doposlt or slmilar accounl. Z10 Llabllltlm and provl•lon• Llabiltties are recognised Thwi there 18 an obgatIOn 01 the 8alanrA sfvoel dalg as a result of 8 past ownl. it is probablè thai ¥ transf6r of e¢orMJmic b6n8fft will b8 raquirnd in selUement, and the 8nUnt of th9 $dUement can be 8stlma10d rdiabty. Llabllll8¥ or• r•CognI at Iho amnI that Iho Chadty ar•tklpates tt WHI p8y to SO9 the dobt or th8 amount tt has rBceN8d as adV#r•d pawnents fer thè goods or go¢•8 It must provldo. prov8 are m•asur•d at tho bè8t è#tlmatè of wulr•d to settle the obligation. Where the effect of the lime value of mon8y is malerwl. the provision 18 basgd on the wesont valuo of II¥xo amounts. dlscounted at the pthX ¢Jsc4xmt wte that relbgcts the rlsks specffic to the IlabllNy. Thg unwin(ling of the di5r>)unl is re¢c•ni$8d kn Ihe Slalemont of finar1 actMtl8s 88 a finance cost. 2.11 Fln•nclal In•trum•nts The Charity 0Y h85 fmancsal as58ls and finanrAal liabiltiès of a kind that oualrfy as ba81¢ fin8nclal brtruMents. Basi¢ financi instrumonts we inFtially recognised at transaciion value and sub5equenUy measured al ihebr sellement value thg exc•ption of bank ban$ whl¢h are $ubsèquenlly measured at amrtlsed cost wng Ihe effecuve Inleresl methcml. 2.12 Fund accountlnq General funds are unrestricted fvNJ$ which are avallat49 for use al th9 dcr0tjn of the Trustees in furtherance of the general obpcknves of th8 Charity and have not been designated for other purpose$. Restrthd fu$ are fun(Js whKh are to be uwl in accordance specffic restri¢bons imposed by donors or which have been raised by the Charity f(Y particular purposes. The costs of raising and administering such furKls are Charged ag8N)sl the specffie fund. The aim aThJ use of each reStted hjnd is set out in the rleS to the fincial stalements. Ir)vestmenl in¢*me. gains aml losses are •lo¢at•d to th& approwi8te fvnd. Page 10
Ash Villag0 Hall Nol•$ to the flnanclal stat•m•nts Fw th• y•ar ended 31 December 2024 IrKome from donallons and Wl•s Unr•striGt•d lunds 2024 Tot•1 furNI• 2024 Total funds 2023 Donallorls Grants 2,OLKI 2.500 2,020 Totsl 2023 2.020 2,020 Incom• from ath•r trmllng Kllvlll•s Llnr•*lrfct•d lund• 2024 Total lunds 2024 Total fvnds 2023 Hall lellngs 30.307 30,307 26,662 Total 2023 26.662 26,662 Inv•8tm•nt Inc¢)m• Unr•strlct•d lunds 2024 Total funds 2024 Tot81 fvnds 2023 LIde6 from Investrnenls Interest recefvabl• 95 1.492 1.492 1.117 1.587 1.587 1,211 Total 2023 1,211 1.211 Page 11
Ash Willage Hall Notes to the financlal statements For th• y•ar •Thd•d 31 D•¢•mb•r 2024 Analy515 Ot •xpendltur• by actlvltl•s Dtrrf¢ 8upport co$t8 costs 2024 2024 Totsl lund 2024 Total funds 2023 harilatAe altieS 31.146 1.170 31316 24.403 Tolal 2023 23.311 1,092 24.403 Analy•l• of dlr•Gt Tolal lund• 2024 Total nds 2023 Depreciation Rates & water EJ8ctricily Gas Insurance Repairs & renewals Cleaning Ckaner Bocing offi Performing rtghts souety Printing, postage & stat Advertising Sundry expenses 4.031 821 4.031 383 1.561 1.154 3,325 6,456 432 2.760 2,969 11 Cl)) 12 76 253 1,427 3.385 12,562 456 3,030 2.260 294 32 75 230 31,146 23,311 Of th8 total direct cosls, £2,1(K) (2023: £2.1CK)I relates to restrthd depleiiatlm charyes, wlth the remai)der of the threct Lxjsts b"n9 from umtrKted fuTrJs. An•ly¥l ot support ¢o¥ts Total funds 2024 Total funds 2023 Independent examiners fees 1,170 1,092 All ol the $UFVOrt costs are friwn Unrestri furvjs in tw)th 2024 arbd 20rJ. Page 12
Ash Vlllage Hall Notes to the flnanclal stat•m8nts For tho ar endèd 31 Dec•mb•r 2024 Truste¢s' remun•rat14>n •nd •xp¢n¥es Dudng the year, no Trustee5 ed any remUrallr ot other ben6ffits12023- Nil). During the sear ended 31 OKembor 2024, no Trusleo expensfrs have been 1nrred{2023- £NIL). T•nglbl• ffix•d assets Fvwhold pTop•rty •qulprn•nt othor flx•d •M•ts Total Cmt ey v•lu•tlon At 1 January 2024 106,967 7.841 7.273 122.081 At 31 Dècomber 2024 106.967 7,841 7,273 122,081 D•pr•clatlon Al 1 January 2024 Charge lor the 35,893 2,100 43,346 4.031 1.786 145 At 31 De¢ember 2024 37,913 6,279 3,105 47.377 N•t book v*lu• At 31 D•ber 2024 08.974 1.562 4,168 74,704 Al 31 Dec¢nknr 2023 71,074 4,313 78,735 D•btor• 2024 2023 Du• wlthln on• y•ar Trade debtors 2,31)D 2281 Pap 13
Ash Village Hall Notos to the financlal statements For the year end 31 1)¢c¢mber 2024 10. Cr•dltors: kni¢)unts falllNJ within yo¥r 2024 2023 Accruals and deferred income 772 357 2024 2023 D8f8rr8d incom8 at 1 January 2024 R8sourcas deferred during the year Amounts r8leasad Irom prèvlous 179 291 (1791 179 D•f•rr•d InGomo at 31 D•c•mber 2024 211 179 Page 14
A8h Vilhg• Hall Not05 to the flnan¢lal statements For the year end•d 31 Dec•mb•r 2024 11. Stat•ffl•nl ol fuThls Stat•m•nt of funds . cwrent y B•l•nc• •t 31 D•c•mb•r 2024 B•l•n¢• at 1 January 2024 In¢om• Exwnditur• UnrMtrl¢t•d lund¥ Gonernl Fun¢Js- 811 furrfjs 61332 (JO,461) 67,510 R•strlct•d lunds DSsabled Improvémènts Fun Ash Heritage Fund 24.687 46,487 1844} 11,256> 23,743 45,231 71.074 (2,100> 68.974 Tot•1 ol fund• 134.406 {32,561) 136.484 ReSir1¢t fund• Disabl•d Improvem•nts Fund - lunds rolakn'ng to cortoin reprs to Ihe hall. Th•so 8r8 includo¢J In the fixed 8$sets balanco and ac• bery depre¢iat8d. The balw 8trn rOp•¢nI$ lh8 not botsk valuo of these 06sets at Ihe 8alance sheet date. Ash Herttage Fund - th8 ch hokls reStrkI ies•r¥os r•speci ¢4 an archive bld, bullt the $Klg of the hal. This is included In fixed assets balance aTrJ ar• boing d&K¥e(xatgd. Th8 balaneg above represents the Ml book of thrd 8$901 at Bal8rKe Sheel date. Page 15
Ash Vlllago Hall Nol•s t¢ th¢ fh)anclal statsm•nts For the year ended 31 Oecefnber 2024 11. Statem•nt of fvnds Iconlinu• Slat•m•nt of h4nds- prfor y•ar Balance at 31 December 2023 Balartt al 1 Janu¥y 2023 IneA)me Exponditure Vnr•$trkl•d fund• General Fund 55.742 29.893 {22.303} 63,332 R•¥trl¢t•d fund• Disabled lrnpm6ments Fw Ash H8ritagè Furvj 25,431 47.743 8441 {1.2561 24.587 46.487 73.174 {2.1001 71.074 Total ol lund* 128.918 29.893 (24.4031 134.406 Pap 16
Ash Vlllage Hall Notes to the financial sLiternents For th• y•ar •nd•d 31 D•c•mber 2024 11 An8ty515 of net a55ets belween lumls Anal5 of n•t ••¥•t• l>•lw••n . ¢umnt p•rlod RMtrict•d Unrnstrictod lunds fundi 2024 2024 Total funds 2024 Tanglbl8 fixeé assets Current assets Creditors due within cth ar 68.974 5,730 62.552 17721 74,71M 62,552 {7721 Total 68,974 67,510 130N84 Anaty818 of net assets b•lw••n I$. prfor p•rfod Re6tr1ct8d Unrn81rfcted fvnds lundg 2023 2023 Totsl funds 2023 Tanglble fixèd 8886ts Current assots Cred6tor8 due wlthln one 71.074 7,661 58,028 13571 78,735 56,028 13371 Totsl 71,074 63.332 134,406 13. P•ym•nts to m•mlJ•r• Duriw thè aT. thre• IN8ts8s were rWrntrsed fcx oul of rwkel expenses. 14. R•l•t•d party tr•ns•cll¢)n• Th8 Charlly recefvad £16412023: £1441 lor the fv're of Ihe hall from The Friends of St Nicholas CIKJrch Ash, a chority in which Mr5 H Howard and Mr C 8urrtsHle are also trustees. There are not any CAJtstarKlin9 b8lw)us tythng b•lwèén related partle8 and Ihe Charfty 8t 31 December 2024120Z3.- £Nill. Page 17