2023-03-31-accounts

REGISTERED CHARITY NUMBER: 302684

REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

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 2023

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Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Financial Statements 8 to 13
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BIDDENDEN VILLAGE HALLS
AND SPORTS COMMITTEE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyear ended
31March2023.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.

ACHIEVEMENT AND PERFORMANCE

Financial summary

VHSC had an operating deficit of £5,957 for the year (2022, surplus of £12,669).

Duringtheyearhallsrentsreceivedwere£20,116(2022,£16,000).Theincreasereflectsa10% increase
inrentalcharges,andgreateractivity(particularlychildren'sparties).Hallusereturningtopre pandemic
levels.

VHSC received the following donation:

VHSC received the following donation:
History Society	£250.00
Three restricted donations were received during the year:
Biddenden Parish Council: Bowls Club Edging Project	£5,000.00
ABC Community Grant	£10,000.00
KCC Village and Community Hall Grant	£16,000.00

TheBiddendenParishcouncilgrantof£5,000wasacontributiontotheBowlsClubEdgingProject. This
projectwasmanagedbyBiddendenBowlsClub.ThefundswerepassedontotheBowlsClubonce the
project was completed in March 2023.

TheABCandKCCgrantswereawardedtofundthereplacementofwindowsintheOldandNew Halls.
ThisworktookplaceinAugust2022andFebruary2023.Additionalgrantfunding(£3,000)for this
project was received in 2021/22.

WearemostgratefultoBiddendenParishCouncil,AshfordBoroughCouncilandKentCountyCouncil for
their generous support.

Page 1

BIDDENDEN VILLAGE HALLS
AND SPORTS COMMITTEE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

FINANCIAL REVIEW

Investment policy and objectives

The trustees have the power to invest is such assets as they see fit.

Reserves policy

Unrestrictedfundscarriedforwardamountto£48,261,withafurther£25,307beingheldforrepair 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.

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 2022 AGM held on 16th August 2022:

Tom Lupton               Chair
Jerry Slinn                  Vice Chair
Jo Piper                     Secretary
Yashvant Shah         Treasurer

RichardHarris,HeatherPassmore,ColinRiceandMarySmithstooddownascommitteemembersat the
AGM.MichaelMetcalferesignedon20thOctober2022,andRonKingresignedon31stJanuary2023. We
are most grateful for their contribution.

The following were elected to the committee during the year: Mrs Deirdre Harrop (appointed 20/10/22),
DavidStone(appointed20/10/22),MrsTaraAikman(appointed19/1/23),GeoffDown (appointed
19/1/23) and Geoff Rose (appointed 27/4/23).

MrsFelicityBrockmancontinuedinherroleofday-to-daymanagementoftheHallsascaretaker and
looking after bookings.

Page 2

BIDDENDEN VILLAGE HALLS
AND SPORTS COMMITTEE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT

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.

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.

Duringtheyearutilitycostsincreasedsignificantly(Electricity120%,Gas125%).Itishopedthenew hall
windowswillreducegasconsumption,andLEDlightshavebeenfittedinthehallstoreduce electricity
consumption.Thesituationisbeingmonitored,butitishopedcostswillreducewhenthetariffs are
renewed.

Noseriousincidentorothersuchmatteroccurredduringtheyearthatshouldhavebeenbroughtto the
attention of the Charity Commission.

Long Term Improvement and Development Programme (LTIDP)

InadditiontoroutinemaintenanceworkatallthefacilitiesthefollowingLTIDPprojectwere implemented
in 2022/23:

BowlsClub-thebowlsgreenedgeswerereplaced.Thismajorproject(totalcost£38,000)was managed
bytheBiddendenBowlsClub.VHSCobtainedagrantof£5,000fromBiddendenParishCouncil towards
thiswork,and£1,000wasfundedfromVHSCBowlsClubrestrictedfunds.Thebalanceofthecost was
met from Biddenden Bowls Club funds, and grants and loans they obtained.

Replacement Old and New Hall Windows.

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

Page 3

BIDDENDEN VILLAGE HALLS
AND SPORTS COMMITTEE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

Principal address

Biddenden Village Hall
Tenterden Road
Biddenden
Kent
TN27 8BB

Trustees

T Lupton
J Slinn
Mrs M Smith   (resigned 16/8/22)
Mrs M Farris
R Harris   (resigned 16/8/22)
Mrs E Rickwood
Mrs L Lidgett
H Richards
C Rice   (resigned 16/8/22)
C Thomas
H R Passmore  (resigned 18/8/22)
Mrs J Oatway
M S Butterworth
Y Shah
R King   (resigned 31/1/23)
Mrs J Piper
P Tester
M Metcalfe   (resigned 20/10/22)
Mrs D Harrop  (appointed 20/10/22)
D Stone   (appointed 20/10/22)
Mrs T Aikman  (appointed 19/1/23)
G Down   (appointed 19/1/23)
G Rose   (appointed 27/4/23)

Independent Examiner

Gibbons Mannington & Phipps LLP
Chartered Accountants
82 High Street
Tenterden
Kent
TN30 6JG

THANKS

VHSC is most grateful for the co-operation and support it gets from its users.

I would like to record thanks to the Officers and Committee for their support over the last 12 months.

Approved by order of the board of trustees on 28 July 2023 and signed on its behalf by:

T Lupton - Trustee

Page 4

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 2023.

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
The Institute of Chartered Accountants in England and Wales

Gibbons Mannington & Phipps LLP

Chartered Accountants
82 High Street
Tenterden
Kent
TN30 6JG

1 August 2023

Page 5

BIDDENDEN VILLAGE HALLS
AND SPORTS COMMITTEE

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023

Unrestricted Restricted fund funds Notes £ £ INCOME AND ENDOWMENTS FROM Donations and grants 5,249 26,000 Charitable activities Property & halls management 28,581 - Bowls Club - 840 Squash Club - 2,580 Tennis Club - 2,181 Other trading activities 3 - - Investment income 4 150 - Total 33,980 31,601 EXPENDITURE ON Charitable activities Property & halls management 32,378 33,215 Bowls Club - 4,045 Squash Club - 1,166 Tennis Club - - Other 734 - Total 33,112 38,426 NET INCOME/(EXPENDITURE) 868 (6,825) Transfers between funds 11 (4,215) 4,215 Net movement in funds (3,347) (2,610) RECONCILIATION OF FUNDS Total funds brought forward 51,608 27,917 TOTAL FUNDS CARRIED FORWARD 48,261 25,307	2023 Total funds £ 31,249 28,581 840 2,580 2,181 - 150 65,581 65,593 4,045 1,166 - 734 71,538 (5,957) - (5,957) 79,525 73,568	2022 Total funds £ 15,810 21,341 796 2,446 2,068 479 3
		42,943
		21,746 806 2,900 3,768 1,054
		30,274
		12,669 -
		12,669 66,856
		79,525

The notes form part of these financial statements

Page 6

BIDDENDEN VILLAGE HALLS
AND SPORTS COMMITTEE

BALANCE SHEET 31 MARCH 2023

Unrestricted Restricted fund funds Notes £ £ FIXED ASSETS Tangible assets 8 11,492 - CURRENT ASSETS Debtors 9 6,538 - Cash at bank 35,435 25,307 41,973 25,307 CREDITORS Amounts falling due within one year 10 (5,204) - NET CURRENT ASSETS 36,769 25,307 TOTAL ASSETS LESS CURRENT LIABILITIES 48,261 25,307 NET ASSETS 48,261 25,307 FUNDS 11 Unrestricted funds Restricted funds TOTAL FUNDS	2023 Total funds £ 11,492 6,538 60,742 67,280 (5,204) 62,076 73,568 73,568 48,261 25,307 73,568	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

ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
28 July 2023 and were signed on its behalf by:

T Lupton - Trustee

Y Shah - Trustee

The notes form part of these financial statements

Page 7

BIDDENDEN VILLAGE HALLS
AND SPORTS COMMITTEE

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

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 8

BIDDENDEN VILLAGE HALLS
AND SPORTS COMMITTEE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

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	2023 £ - 2023 £ 150	2022 £ 479
		2022 £ 3

5. TRUSTEES' REMUNERATION AND BENEFITS

Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2023nor for
the year ended 31 March 2022.

Trustees' expenses

Therewerenotrustees'expensespaidfortheyearended31March2023norfortheyear ended
31 March 2022.

6. STAFF COSTS

The average monthly number of employees during the year was as follows:

	2023	2022
Bookings and administration	1	1

No employees received emoluments in excess of £60,000.

continued...

Page 9

BIDDENDEN VILLAGE HALLS
AND SPORTS COMMITTEE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund funds £ £ 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 479 - Investment income 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 1,054 - Total 24,232 6,042 NET INCOME 9,054 3,615 Transfers between funds 200 (200) Net movement in funds 9,254 3,415 RECONCILIATION OF FUNDS Total funds brought forward 42,354 24,502 TOTAL FUNDS CARRIED FORWARD 51,608 27,917	Total funds £ 15,810 21,341 796 2,446 2,068 479 3
	42,943
	21,746 806 2,900 3,768 1,054
	30,274
	12,669 -
	12,669 66,856
	79,525

Theinformationshownabovereflectstheprioryearcomparativesfiguressplit between
UnrestrictedandRestrictedFundsfortheamountsshownontheStatementofFinancial Activities
on page 6.

continued...

Page 10

BIDDENDEN VILLAGE HALLS
AND SPORTS COMMITTEE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

8. TANGIBLE FIXED ASSETS

TANGIBLE FIXED ASSETS
	Buildings
	& improvements
	£
COST
At 1 April 2022 and 31 March 2023	39,028
DEPRECIATION
At 1 April 2022	26,931
Charge for year	605
At 31 March 2023	27,536
NET BOOK VALUE
At 31 March 2023	11,492
At 31 March 2022	12,097

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	2023 £ 6,538 2023 £ 5,204	2022 £ 3,981
		2022 £ 3,674

11. MOVEMENT IN FUNDS

Unrestricted funds General fund Restricted funds Tennis Club Squash Club Bowls Club Windows TOTAL FUNDS	At 1/4/22 £ 51,608 11,374 9,755 3,788 3,000 27,917 79,525	Net movement in funds £ 868 2,181 1,414 (3,205) (7,215) (6,825) (5,957)	Transfers between funds £ (4,215) - - - 4,215 4,215 -	At 31/3/23 £ 48,261 13,555 11,169 583 -
				25,307
				73,568

continued...

Page 11

BIDDENDEN VILLAGE HALLS
AND SPORTS COMMITTEE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

11. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds General fund Restricted funds Tennis Club Squash Club Bowls Club Windows TOTAL FUNDS	Incoming resources £ 33,980 2,181 2,580 840 26,000 31,601 65,581	Resources Movement expended in funds £ £ (33,112) 868 - 2,181 (1,166) 1,414 (4,045) (3,205) (33,215) (7,215) (38,426) (6,825) (71,538) (5,957)

Comparatives for 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	Transfers between At funds 31/3/22 £ £ 200 51,608 - 11,374 - 9,755 - 3,788 - - (200) - - 3,000 (200) 27,917 - 79,525

continued...

Page 12

BIDDENDEN VILLAGE HALLS
AND SPORTS COMMITTEE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

11. MOVEMENT IN FUNDS - continued

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 Windows TOTAL FUNDS	Incoming Resources Movement resources expended in funds £ £ £ 33,286 (24,232) 9,054 2,068 (2,764) (696) 3,792 (219) 3,573 797 - 797 - (3,059) (3,059) 3,000 - 3,000 9,657 (6,042) 3,615 42,943 (30,274) 12,669

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. These funds have been spent in the year.

12. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2023.

13. ULTIMATE CONTROLLING PARTY

The charity is controlled by the Board of Trustees.

Page 13