```
REGISTERED CHARITY NUMBER: 302684
```
```
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
```
## **`FOR`**
```
BIDDENDEN VILLAGE HALLS
AND SPORTS COMMITTEE
```
```
Gibbons Mannington & Phipps LLP
Chartered Accountants
```
```
82 High Street
Tenterden
Kent
TN30 6JG
```
```
BIDDENDEN VILLAGE HALLS
AND SPORTS COMMITTEE
```
## **`CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022`**
**----- Start of picture text -----**
Page
Report of the Trustees 1 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Financial Statements 9 to 15
**----- End of picture text -----**
```
BIDDENDEN VILLAGE HALLS
AND SPORTS COMMITTEE
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022`**
```
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyear ended
31March2022.ThetrusteeshaveadoptedtheprovisionsofAccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordance with
theFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective 1
January 2019).
```
## **`OBJECTIVES AND ACTIVITIES`**
## **`Objectives and aims`**
```
WhenplanningitsactivitiesthecharitykeepsinmindtheCharityCommission'sguidanceon public
benefit.
```
```
Theobjectofthecharityistheprovisionandmaintenanceofthetwovillagehallsandvarious sports
facilitiesfortheuseoftheParishofBiddendenincludinguseformeetings,lecturesandclassesand for
other forms of recreation and leisure-time occupation.
```
## **`Public benefit`**
```
AsaCharitableTrust,theTrusteeshaveanobligationtothelocalcommunitytoprovideapublic benefit
andthisobligationisparamountinthemanagementoftheHallandSportsfacilitiesunder their
management.TheTrusteesaimtomaintainthefacilitiestoagoodstandard,andholdlettingrates down
aslongaspossible,takingaccountofthecashreservespolicy.BytheiractionstheTrusteesfeel that
theyarecomplyingwiththeirdutytoprovidepublicbenefitinaccordancewiththeguidancegivenby the
Charity Commission. They continue to explore other ways of providing the required benefits.
```
## **`Significant activities`**
```
Thehalls,changingroomsandriflerangearerentedouttotwentyclubsandgroupsonaregular basis,
aswellasbeingusedforprivatefunctions.Thebowlinggreen,squashcourts,andtenniscourts are
rentedouttotheclubsonlongertermrentalagreements.Rentalagreementsarenowinplaceforthe six
yearsfrom1April2020to4May2026.Theseallowusersaccesstothefacilitiessubjectto agreement
with BVHSC and payment of rent.
```
## **`Corona Virus`**
```
DuringtheyearVHSCfacilitiesreturnedtobeingopenfornormalusewithalllegalrestrictions being
removedfrom19thJulyuntilearlyDecember.InDecemberPlanBrestrictionswereinplaceforsix weeks
whichagainrestricteduseofthefacilities.Throughouttheyearguidanceonthemanagementanduse of
thehallswasreceivedfromActionforCommunitiesinRuralKent(ACRK),andtheirumbrella organization
Action Communities in Rural England.
```
```
FinancialsupportwasobtainedthroughvariousCovid19relatedSmallBusinessGrants(seeGrants and
Donationssectionbelow)andthroughtheCoronaVirusJobRetentionScheme.TheCommittee is
extremelygratefulforthissupportasitenabledVHSCtoweatherthepandemicwithouthavingto fund
activities from reserves.
```
```
InadditiontoregularCommitteemeetings,theChairmanandatleastoneoftheExecutiveOfficers met
withtheCaretakertoreviewmaintenanceoftheHallsandactionsthatneededtobetaken following
advicereceivedfromACRKofactionsrequiredtomeet'CovidSecure'guidanceandoperateinline with
government Covid 19 regulations.
```
```
TheCommitteeismostgratefulMrsFlickBrockman,theHallsCaretaker,forworkingwithusersto ensure
the halls were kept 'Covid Secure.
```
```
OnepositiveoutcomeofCovid19hasbeentheformationofseveralnewclubsandusergroups.This has
resulted in the halls being better used than in the recent past.
```
```
Page 1
```
```
BIDDENDEN VILLAGE HALLS
AND SPORTS COMMITTEE
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022`**
## **`ACHIEVEMENT AND PERFORMANCE`**
## **`Financial summary`**
```
VHSC had an operating surplus of £12,987 for the year (2021, surplus of £7,787).
```
```
Duringtheyearhallsrentsreceivedwere£16,000(2021,£4,087).Theincreasereflectshall use
returning to pre pandemic levels.
```
```
During the year, the following Covid 19 related grants were received in relation to the Village Halls:
```
|`Restart Grant (April 2021)`|`£8,000.00`|
|---|---|
|`Restart Grant (January 2022)`|`£2,667.00`|
|`VHSC also received the following donations:`||
|`History Society`|`£250.00`|
|`Three restricted donations were received during the year:`||
|`Biddenden Parish Council: Squash Club Fire Alarm and Fire Door`||
|`Project`|`£1,346.22`|
|`ABC Ward Members Grant`|`£1,000.00`|
|`KCC Ward Members Grant`|`£2,000.00`|
```
TheABCandKCCgrantswereawardedtofundthereplacementofwindowsintheOldandNew Halls.
Thisworkisplannedtotakeplaceoversummer2022.InadditiontothesegrantsVHSChassecured an
additional£26,000ingrantsfromABC(£10,000)andKCC(£16,000).Thesefundswillbepaidoutas the
project is implemented.
```
```
The Squash Club received the following Covid 19 Grants:
```
|`Restart Grant (April 2021)`|`£8,000.00`|
|---|---|
|`Restart Grant (January 2022)`|`£2,667.00`|
```
AsthegrantsrelatedtoapropertyregisteredforrateswithVHSCtheywerepaidintotheVHSC bank
account and passed on to the Squash Club.
```
## **`FINANCIAL REVIEW`**
## **`Investment policy and objectives`**
```
The trustees have the power to invest is such assets as they see fit.
```
## **`Reserves policy`**
```
Unrestrictedfundscarriedforwardamountto£51,608,withafurther£27,917beingheldforrepair and
maintenanceworkonthebowls,squashandtennisfacilities.Thesefundswillbeusedtofund both
routine maintenance and larger repair projects such as resurfacing the tennis courts.
```
```
Thetrusteesregularlymonitorreservesandendeavourtoensurethatsufficientfundsareavailable for
current operating expenses and other expenditure specifically identified.
```
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Governing document`**
```
Thecharityiscontrolledbyitsgoverningdocument,adeedofgiftdated6January1908,andrules and
regulationsmadeandpassedon26November1964,asamendedbyschemeof3December1997. The
charity constitutes an unincorporated charity.
```
## **`Recruitment and appointment of new trustees`**
```
Interestedclubsandsocietiesfromthevillageareencouragedtohaverepresentativesonthe Committee,
together with village representatives willing to put themselves forward.
```
```
Appointments are approved by the Committee.
```
```
Page 2
```
```
BIDDENDEN VILLAGE HALLS
AND SPORTS COMMITTEE
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022`**
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Decision making`**
```
Attheperiodictrustees'meetings,thetrusteesagreethebroadstrategyandareasofactivityfor the
Trust,includingconsiderationofincomeandexpenditure,reservesandriskmanagementpolicies and
performance.TheTrust'spoliciesasregardstoSafeguarding,HealthandSafety,Environment, Risk
Management, Privacy, and Data Protection are reviewed and agreed annually.
```
```
Alltrusteesgiveoftheirtimefreelyandnotrusteeremunerationwaspaidintheyear.Detailsof trustee
expenses and related party transactions are disclosed in notes 5 and 12 to the accounts.
```
```
The trustee's hold four regular meetings a year, and ad hoc meetings as and when required.
The following officers were elected following the 2021 AGM held on 19th August 2021:
```
```
Tom Lupton Chair
Jerry Slinn Vice Chair
Jo Piper Secretary
Yashvant Shah Treasurer
```
```
MrsMarySmithretiredastreasureratthe2021,andkindlyagreedtoremainonthecommitteefor a
furtheryeartoensureasmoothhandovertothenewtreasurer.MaryhadbeenVHSCtreasurerfor more
than17years,andweareextremelygratefulforthemassivecontributionshehasmadebothto the
smooth day to day running of VHSC and to ensuring our finances are in a sound state.
```
```
MrsJudithWrightresignedasSecretaryandfromtheCommitteeon27thApril2021.Weare most
grateful for all her hard work.
```
```
Yashvant Shah was co-opted to the Committee on 25th May 2021 as treasurer designate.
```
```
ChristopherFriendstooddownasacommitteememberattheAGM.Wearemostgratefulfor his
contribution.
```
```
MrsJoPiperandPeterTesterwereelectedtotheCommitteeattheAGMandMichaelMetcalfe was
appointed on 17th March 2022.
```
```
MrsFelicityBrockmancontinuedinherroleofday-to-daymanagementoftheHallsascaretaker and
looking after bookings.
```
## **`Induction and training of new trustees`**
```
Newtrusteesaregivenanintroductorypackdetailingtheresponsibilitiesoftrustees.On appointment,
newtrusteessignatrusteedeclarationstatementcommittingthemtogivingoftheirtimeand expertise.
ThewelcomepackincludesacopyofthegoverningTrustDeed,trusteeboardand sub-committee
minutes,acopyofthelastyears'annualreportsandaccounts',andacopyoftheCharity Commission's
guidance'TheEssentialTrustee:WhatYouNeedtoKnow'andPublicBenefit:runningacharity'and are
required to sign their acceptance of the provisions of the Data Protection Policy.
```
```
Newtrusteesareusuallyrepresentinglocalinterestgroups,andthereforetrainingasa Committee
memberisthroughattendanceatmeetings.Committeemembersareencouragedtoattend training
sessions organised by Action for Communities in Rural Kent.
```
```
Page 3
```
```
BIDDENDEN VILLAGE HALLS
AND SPORTS COMMITTEE
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022`**
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Risk Assessment`**
```
Duringtheyearariskassessmentforthecharitywascarriedout.Thisreviewedalltheidentified risks
the charity was exposed to.
```
```
InrespectofchildrenandothervulnerablepersonsorgroupsthecharityhasaSafeguardingPolicy in
place.Thisensures,whererelevant,thatthebodiesorpersonswhichusethefacilitiesunder its
management have adequate measures in place to keep them from harm and abuse.
```
```
Inotherrespectsthetrusteesareconsciousoftheimportanceofcomplianceandtakesuchstepsas are
necessary to avoid failure to do so.
```
```
Along-termriskisthatthehallsandsportsfacilitiesarewellused,andthattherentalincome generated
isenoughtocoverroutinerepairsandmaintenancecosts.Activitiestoincreaseuseofthe facilities
includetheuseofthewebsiteandworkingwithusergroupstoimplementtheLong-Term Improvement
andDevelopmentPlan.TheCommitteerecognisesthatanymajorimprovementworkwilldepend on
obtaining grant finance.
```
```
Noseriousincidentorothersuchmatteroccurredduringtheyearthatshouldhavebeenbroughtto the
attention of the Charity Commission.
```
## **`Long Term Improvement and Development Programme (LTIDP)`**
```
InadditiontoroutinemaintenanceworkatallthefacilitiesthefollowingLTIDPprojectwere implemented
in 2021/22:
```
```
TennisCourts-replacementofsouthfence.ThiswasfundedfromVHSCTennisClubrestrictedfunds and
a £5,000 grant received from Biddenden Parish Council in 2020/1.
```
```
BowlsClub-thewatersupplywasupgradedtomeetcurrentpotablewaterstandards.Thiswas funded
from VHSC Bowls Club restricted funds and Bowls Club funds.
```
```
OldandNewHallWindows-duringtheyearplanningpermissionandfundsweresecuredfor replacing
the halls windows with double glazed units. This work will be carried out during 2022/3.
```
```
DuringtheyearworktheLong-TermImprovementandDevelopmentPlanwasreviewedand updated,
andprojectsidentifiedforcompletionin2022/23.BiddendenParishCouncilhaveincluded £5,000
towards these projects in their 2022/3 budget.
```
## **`Health and Safety`**
```
Thecharityhasahealthandsafetypolicy,andhealthandsafetyisdiscussedatallBVHSC meetings.
Routine electrical, fire and general inspections are carried out and recorded.
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number`**
```
302684
```
## **`Principal address`**
```
Biddenden Village Hall
Tenterden Road
Biddenden
Kent
TN27 8BB
```
```
Page 4
```
```
BIDDENDEN VILLAGE HALLS
AND SPORTS COMMITTEE
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022`**
## **`Trustees`**
```
T Lupton
J Slinn
Mrs M Smith
Mrs M Farris
R Harris
Mrs E Rickwood
Mrs L Lidgett
H Richards
C Rice
Mrs J Wright (resigned 27/4/2021)
C Thomas
H R Passmore
C C Friend (resigned 19/8/2021)
Mrs J Oatway
M S Butterworth
Y Shah (appointed 25/6/2021)
R King
Mrs J Piper (appointed 19/8/2021)
P Tester (appointed 19/8/2021)
M Metcalfe (appointed 17/3/2022)
```
## **`Independent Examiner`**
```
Gibbons Mannington & Phipps LLP
Chartered Accountants
82 High Street
Tenterden
Kent
TN30 6JG
```
## **`THANKS`**
```
We are most grateful for the co-operation and support of all our users over the past two years.
```
```
I would like to record thanks the Officers and Committee for all their support over the last 12 months.
Approved by order of the board of trustees on 17 August 2022 and signed on its behalf by:
```
```
T Lupton - Trustee
```
```
Page 5
```
## **`INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BIDDENDEN VILLAGE HALLS AND SPORTS COMMITTEE`**
```
Independentexaminer'sreporttothetrusteesofBiddendenVillageHallsand Sports
Committee
```
```
IreporttothecharitytrusteesonmyexaminationoftheaccountsofBiddendenVillageHallsand Sports
Committee (the Trust) for the year ended 31 March 2022.
```
## **`Responsibilities and basis of report`**
```
AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsin accordance
with the requirements of the Charities Act 2011 ('the Act').
```
```
IreportinrespectofmyexaminationoftheTrust'saccountscarriedoutundersection145oftheAct and
incarryingoutmyexaminationIhavefollowedallapplicableDirectionsgivenbytheCharity Commission
under section 145(5)(b) of the Act.
```
## **`Independent examiner's statement`**
```
Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattention in
connection with the examination giving me cause to believe that in any material respect:
```
`1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or`
`2. the accounts do not accord with those records; or`
`3. the accounts do not comply with the applicable requirements concerning 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.`
```
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which
attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be
reached.
```
```
Miss Samantha Whiting FCA
Gibbons Mannington & Phipps LLP
Chartered Accountants
82 High Street
Tenterden
Kent
TN30 6JG
```
```
19 August 2022
```
```
Page 6
```
```
BIDDENDEN VILLAGE HALLS
AND SPORTS COMMITTEE
```
## **`STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022`**
|`Unrestricted`
`Restricted`
`fund`
`funds`
`Notes`
`£`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and grants`
**`11,463`**
**`4,347`**
**`Charitable activities`**
`Property & halls management`
**`21,341`**
**`-`**
`Bowls Club`
**`-`**
**`796`**
`Squash Club`
**`-`**
**`2,446`**
`Tennis Club`
**`-`**
**`2,068`**
`Other trading activities`
`3`
**`479`**
**`-`**
`Investment income`
`4`
**`3`**
**`-`**
**`Total`**
**`33,286`**
**`9,657`**
**`EXPENDITURE ON`**
**`Charitable activities`**
`Property & halls management`
**`18,687`**
**`3,059`**
`Bowls Club`
**`806`**
**`-`**
`Squash Club`
**`2,681`**
**`219`**
`Tennis Club`
**`1,004`**
**`2,764`**
`Other`
**`736`**
**`-`**
**`Total`**
**`23,914`**
**`6,042`**
**`NET INCOME`**
**`9,372`**
**`3,615`**
**`Transfers between funds`**
`11`
**`200`**
**`(200)`**
**`Net movement in funds`**
**`9,572`**
**`3,415`**
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
**`42,354`**
**`24,502`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`51,926`**
**`27,917`**|**`2022`**
**`Total`**
**`funds`**
**`£`**
**`15,810`**
**`21,341`**
**`796`**
**`2,446`**
**`2,068`**
**`479`**
**`3`**
**`42,943`**
**`21,746`**
**`806`**
**`2,900`**
**`3,768`**
**`736`**
**`29,956`**
**`12,987`**
**`-`**
**`12,987`**
**`66,856`**
**`79,843`**|`2021`
`Total`
`funds`
_`£`_
`26,295`
`8,091`
`790`
`2,429`
`-`
`1,472`
`3`|
|---|---|---|
|||`39,080`
`16,239`
`1,408`
`7,331`
`6,315`
`-`|
|||`31,293`|
|||`7,787`
`-`|
|||`7,787`
`59,069`|
|||`66,856`|
```
The notes form part of these financial statements
```
```
Page 7
```
```
BIDDENDEN VILLAGE HALLS
AND SPORTS COMMITTEE
```
## **`BALANCE SHEET 31 MARCH 2022`**
|`Unrestricted`
`Restricted`
`fund`
`funds`
`Notes`
`£`
`£`
**`FIXED ASSETS`**
`Tangible assets`
`8`
**`12,097`**
**`-`**
**`CURRENT ASSETS`**
`Debtors`
`9`
**`3,981`**
**`-`**
`Cash at bank`
**`39,204`**
**`27,917`**
**`43,185`**
**`27,917`**
**`CREDITORS`**
`Amounts falling due within one year`
`10`
**`(3,674)`**
**`-`**
**`NET CURRENT ASSETS`**
**`39,511`**
**`27,917`**
**`TOTAL ASSETS LESS CURRENT`**
**`LIABILITIES`**
**`51,608`**
**`27,917`**
**`NET ASSETS`**
**`51,608`**
**`27,917`**
**`FUNDS`**
`11`
`Unrestricted funds`
`Restricted funds`
**`TOTAL FUNDS`**|**`2022`**
**`Total`**
**`funds`**
**`£`**
**`12,097`**
**`3,981`**
**`67,121`**
**`71,102`**
**`(3,674)`**
**`67,428`**
**`79,525`**
**`79,525`**
**`51,608`**
**`27,917`**
**`79,525`**|_`2021`_
_`Total`_
_`funds`_
_`£`_
_`12,733`_
_`2,043`_
_`53,003`_
_`55,046`_
_`(923)`_
_`54,123`_
_`66,856`_
_`66,856`_
`42,354`
`24,502`
`66,856`|
|---|---|---|
```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
18 August 2022 and were signed on its behalf by:
```
```
T Lupton - Trustee
```
```
Y Shah - Trustee
```
```
The notes form part of these financial statements
```
```
Page 8
```
```
BIDDENDEN VILLAGE HALLS
AND SPORTS COMMITTEE
```
```
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
```
## **`1. STATUTORY INFORMATION`**
```
BiddendenVillageHallsandSportsCommitteeisanunincorporatedcharitable,registeredwith the
CharityCommissionforEnglandandWales.Thecharity'sregisterednumberandprincipal office
address can be found in the reference and administrative details in the Report of the Trustees.
```
## **`2. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsin accordance
withtheFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102)
(effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard
applicableintheUKandRepublicofIreland'andtheCharitiesAct2011.Thefinancial statements
have been prepared under the historical cost convention.
```
## **`Income`**
```
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlement to
the funds, it is probable that the income will be received and the amount can be measured reliably.
```
```
No amounts are included in these accounts for the services donated by volunteers.
```
```
IncomefromthehireofhallsandrentsandcontributionstoutilitiesandrepairsfromSports Clubs
is accounted for in the period in which it arises.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefits will
berequiredinsettlementandtheamountoftheobligationcanbemeasuredreliably. Expenditure
isaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregate all
costrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadings they
have been allocated to activities on a basis consistent with the use of resources.
```
```
Expenditurerepresentsthecostsofmaintainingthepropertyandfurtheringtheobjectsof the
charity.
```
```
The charity is not registered for VAT and consequently all costs include VAT where applicable.
```
## **`Tangible fixed assets`**
```
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its
estimated useful life.
```
```
Buildings & improvements
```
```
- 5% on reducing balance
```
## **`Taxation`**
```
The charity is exempt from tax on its charitable activities.
```
## **`Fund accounting`**
```
Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the
trustees.
```
```
Designatedfundsrepresentunrestrictedfundsthathavebeensetasidebythetrusteesfor a
particular future purpose.
```
```
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsof the
charity.Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedfor particular
restricted purposes.
```
```
continued...
```
```
Page 9
```
```
BIDDENDEN VILLAGE HALLS
AND SPORTS COMMITTEE
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022`**
## **`2. ACCOUNTING POLICIES - continued`**
## **`Fund accounting`**
```
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
```
## **`Grant income recognition`**
```
Grant income has been recognised under the performance model.
```
```
Grantsthatdonotspecifyanyfutureperformance-relatedconditionsarerecordedwhenthe grant
proceedsarereceivedorreceivable.Anygrantthatimposesspecifiedfuture performance-related
conditionsisrecognisedonlywhentheperformance-relatedconditionsaremet.Grants received
before the revenue recognition criteria are satisfied are recognised as a liability
```
## **`3. OTHER TRADING ACTIVITIES`**
## **`4.`**
|`CJRS monies`
**`INVESTMENT INCOME`**
`Deposit account interest`|**`2022`**
**`£`**
**`479`**
**`2022`**
**`£`**
**`3`**|_`2021`_
_`£`_
_`1,472`_|
|---|---|---|
|||_`2021`_
_`£`_
_`3`_|
## **`5. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2022nor for
the year ended 31 March 2021.
```
## **`Trustees' expenses`**
```
Therewerenotrustees'expensespaidfortheyearended31March2022norfortheyear ended
31 March 2021.
```
## **`6. STAFF COSTS`**
```
The average monthly number of employees during the year was as follows:
```
||**`2022`**|_`2021`_|
|---|---|---|
|`Bookings and administration`|**`1`**|_`1`_|
```
No employees received emoluments in excess of £60,000.
```
```
continued...
```
```
Page 10
```
```
BIDDENDEN VILLAGE HALLS
AND SPORTS COMMITTEE
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022`**
|**`7.`**
**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
`Unrestricted`
`Restricted`
`fund`
`funds`
`£`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and grants`
`21,095`
`5,200`
**`Charitable activities`**
`Property & halls management`
`8,091`
`-`
`Bowls Club`
`-`
`790`
`Squash Club`
`-`
`2,429`
`Other trading activities`
`1,472`
`-`
`Investment income`
`3`
`-`
**`Total`**
`30,661`
`8,419`
**`EXPENDITURE ON`**
**`Charitable activities`**
`Property & halls management`
`16,239`
`-`
`Bowls Club`
`1,037`
`371`
`Squash Club`
`2,911`
`4,420`
`Tennis Club`
`594`
`5,721`
**`Total`**
`20,781`
`10,512`
**`NET INCOME/(EXPENDITURE)`**
`9,880`
`(2,093)`
**`Transfers between funds`**
`979`
`(979)`
**`Net movement in funds`**
`10,859`
`(3,072)`
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
`31,495`
`27,574`
**`TOTAL FUNDS CARRIED FORWARD`**
`42,354`
`24,502`|`Total`
`funds`
_`£`_
`26,295`
`8,091`
`790`
`2,429`
`1,472`
`3`|
|---|---|
||`39,080`
`16,239`
`1,408`
`7,331`
`6,315`|
||`31,293`|
||`7,787`
`-`|
||`7,787`
`59,069`|
||`66,856`|
```
Theinformationshownabovereflectstheprioryearcomparativesfiguressplit between
UnrestrictedandRestrictedFundsfortheamountsshownontheStatementofFinancial Activities
on page 6.
```
```
continued...
```
```
Page 11
```
```
BIDDENDEN VILLAGE HALLS
AND SPORTS COMMITTEE
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022`**
## **`8. TANGIBLE FIXED ASSETS`**
|**`TANGIBLE FIXED ASSETS`**||
|---|---|
||`Buildings`|
||`& improvements`|
||`£`|
|**`COST`**||
|`At 1 April 2021 and 31 March 2022`|**`39,028`**|
|**`DEPRECIATION`**||
|`At 1 April 2021`|**`26,295`**|
|`Charge for year`|**`636`**|
|`At 31 March 2022`|**`26,931`**|
|**`NET BOOK VALUE`**||
|`At 31 March 2022`|**`12,097`**|
|`At 31 March 2021`|_`12,733`_|
```
Thefreeholdlandownedbythecharitywasacquiredasagiftmorethan20yearsago and
thereforehasnocost.ThiscomprisestheoriginalVillageHallandthenewVillageHall. The
insured value of the buildings is in the region of £730,000.
```
```
ThePavilion(ChangingRoomsandSquashCourts)andtheTennisCourts,aresubjectto leases
dated4August1997runningto5May2026,renewableforafurther21yearsthereinafter. The
rent is 5pence per annum, if demanded.
```
```
TheBowlsfacilitiesaresubjecttoaleasedated10August1999andrunningto5May 2026,
renewable for a further 21 years thereinafter. The rent is 5pence per annum, if demanded.
```
## **`9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
|**`9.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**|||
|---|---|---|
|`Other debtors`
**`10.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Other creditors`|**`2022`**
**`£`**
**`3,981`**
**`2022`**
**`£`**
**`3,674`**|_`2021`_
_`£`_
_`2,043`_|
|||_`2021`_
_`£`_
_`923`_|
```
continued...
```
```
Page 12
```
```
BIDDENDEN VILLAGE HALLS
AND SPORTS COMMITTEE
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022`**
## **`11. MOVEMENT IN FUNDS`**
|**`MOVEMENT IN FUNDS`**|||
|---|---|---|
|`Net`
`movement`
`At 1/4/21`
`in funds`
`£`
`£`
**`Unrestricted funds`**
`General fund`
**`42,354`**
**`9,054`**
**`Restricted funds`**
`Tennis Club`
**`12,070`**
**`(696)`**
`Squash Club`
**`6,182`**
**`3,573`**
`Bowls Club`
**`2,991`**
**`797`**
`Tennis Club Fence`
**`3,059`**
**`(3,059)`**
`Biddenden Strummers`
**`200`**
**`-`**
`Windows`
**`-`**
**`3,000`**
**`24,502`**
**`3,615`**
**`TOTAL FUNDS`**
**`66,856`**
**`12,669`**
`Net movement in funds, included in the above are as follows:`|`Transfers`
`between`
`funds`
`£`
**`200`**
**`-`**
**`-`**
**`-`**
**`-`**
**`(200)`**
**`-`**
**`(200)`**
**`-`**|`At`
`31/3/22`
`£`
**`51,608`**
**`11,374`**
**`9,755`**
**`3,788`**
**`-`**
**`-`**
**`3,000`**|
|||**`27,917`**|
|||**`79,525`**|
||||
|**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Tennis Club`
`Squash Club`
`Bowls Club`
`Tennis Club Fence`
`Windows`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
**`33,286`**
**`2,068`**
**`3,792`**
**`797`**
**`-`**
**`3,000`**
**`9,657`**
**`42,943`**|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
**`(24,232)`**
**`9,054`**
**`(2,764)`**
**`(696)`**
**`(219)`**
**`3,573`**
**`-`**
**`797`**
**`(3,059)`**
**`(3,059)`**
**`-`**
**`3,000`**
**`(6,042)`**
**`3,615`**
**`(30,274)`**
**`12,669`**|
|---|---|---|
```
continued...
```
```
Page 13
```
```
BIDDENDEN VILLAGE HALLS
AND SPORTS COMMITTEE
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022`**
## **`11. MOVEMENT IN FUNDS - continued`**
## **`Comparatives for movement in funds`**
|`Net`
`movement`
`At 1/4/20`
`in funds`
`£`
`£`
**`Unrestricted funds`**
`General fund`
`31,495`
`9,880`
**`Restricted funds`**
`Tennis Club`
`15,850`
`(3,780)`
`Squash Club`
`9,152`
`(1,991)`
`Bowls Club`
`2,572`
`419`
`Tennis Club Fence`
`-`
`3,059`
`Biddenden Strummers`
`-`
`200`
`27,574`
`(2,093)`
**`TOTAL FUNDS`**
`59,069`
`7,787`|`Transfers`
`between`
`At`
`funds`
`31/3/21`
`£`
`£`
`979`
`42,354`
`-`
`12,070`
`(979)`
`6,182`
`-`
`2,991`
`-`
`3,059`
`-`
`200`
`(979)`
`24,502`
`-`
`66,856`|`Transfers`
`between`
`At`
`funds`
`31/3/21`
`£`
`£`
`979`
`42,354`
`-`
`12,070`
`(979)`
`6,182`
`-`
`2,991`
`-`
`3,059`
`-`
`200`
`(979)`
`24,502`
`-`
`66,856`|
|---|---|---|
|||`24,502`|
|||`66,856`|
```
Comparative net movement in funds, included in the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Tennis Club`
`Squash Club`
`Bowls Club`
`Tennis Club Fence`
`Biddenden Strummers`
**`TOTAL FUNDS`**|`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
`30,661`
`(20,781)`
`9,880`
`-`
`(3,780)`
`(3,780)`
`2,429`
`(4,420)`
`(1,991)`
`790`
`(371)`
`419`
`5,000`
`(1,941)`
`3,059`
`200`
`-`
`200`
`8,419`
`(10,512)`
`(2,093)`
`39,080`
`(31,293)`
`7,787`|
|---|---|
```
RestrictedfundsrepresentamountsreceivedfromeachoftheBowlsClub,SquashCluband Tennis
Clubbywayofanagreedrentcharge.MaintenanceofeachClub'spropertyismetfrom these
funds.
```
```
ThetrusteesdeemthesetobePreservedFundsforthebenefitoftheClubswhohavepaidover the
money.Inthisregard,theyareconsideredRestrictedFundsastheycanbeusedforno other
purpose without the express permission of the Club concerned.
```
```
Arestrictedfundwascreatedduring2021/22forthereplacementofthehallwindowsand includes
grants received for this project.
```
```
continued...
```
```
Page 14
```
```
BIDDENDEN VILLAGE HALLS
AND SPORTS COMMITTEE
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022`**
## **`12. RELATED PARTY DISCLOSURES`**
```
There were no related party transactions for the year ended 31 March 2022.
```
## **`13. ULTIMATE CONTROLLING PARTY`**
```
The charity is controlled by the Board of Trustees.
```
```
Page 15
```