BOROUGH GREEN VILLAGE HALL Trustees, Report and Flnallcial Statements Charlty number 302687 31 December 2024
31 I1024 Contents LegAI aDd Adllthdstrxtfve Detsib Trnstees Report for the year ended 31 De¢¢nJber 2024 IndqKndent Eiandner'i Report Statement of FInCIal Acd Balance Sheet Not 7-10
CuthliAn Trustee The Official Receiver for Clwiti Mrs J Peirce Mr B Rawlins Mr D Pcirce Elected Elected CorrespoDdence Addre•9 47, ToL8ey Mead. Borough Gr Kent TN15 8EJ Independent Ejwnlner Margaret Pretorius, Hillside House Gtavesend Road wrOtha Sevenoaks, TN15 7JH BADkerd NatW¢st, 43 Swan StreeL Wes¢ Mallin& Kent ME19 6HF Charlty Number 302687 Chtynumber.. 302687 P¥1
Borou8b Green Wlage Hall The trustecs have thc pleaw of submw theIrre)rt togetherwith the accounts f the year ended 31 December 2024. under nurnb 302687. The Management Comr0¢¢ is compnsed of three trustees elected at the Annual General Meettng, up to Six ']resentatIVe. tsuste¢s DOMI*d byvillage anIs&ll08 ph, where nece&sary. c¢>opted ttustees deemLxI or memb¢rs by the eleded and 'Yeprcscntativ¢" tnte. Any decisii)n to di8contsnue u8e with the tn1 deaL The ttvst Propertywas forn1 forthe purN)scs ofa village hall for the use ofthe inhabitants ofthc area of Bori)ugh Green arml tk immediate ]ghborh withwt dis11rliOn of sw rac¢. political and religii)us or other ]LOnS and in Fwlicular for for meeting& Icctures aNI classes aNI for other fomL8 of recreatii)n ond leisure time occupMtson with the d)jecl of AmprovillgtFt c(xyJJ'ticL8 oflife forthe inhabitant& ongoing p)licy of the Tnth 1% to H1 in gcmxl C11(1 aryj in4rn the fa¢i]itscy off¢r&l for the benefit ofthe inhabilants. aTried out. FkwKlalRevlew Thc ruw11 is £68.9¥)7 (2023 deficit £5.365). of the trust at theyearend is healthy, with total net &8setsof£233.l37 (2023 £164.230). How¢ver, the trustees consider 'free rerVeS. to be cash and investments and thts has i1reaSed from £113,677 in 2023 to £173,515 in 2024. It i8 the policy of the TTUStees, whereverpossible, to maintsin a minimum of at least a year's expenditurc ill free reserve8 plus a provision for unforese¢n future ClwRtynumber.' 32687
Green Village Hall Ststements 31 Deeejnber 2024 RLskManagennt However, tbe Iwll Wds given a ckan bill of health in 1999 by structural cllgine¢rs a1 th¢ sur4eyor who carried out the original survey has this year advised that while no further structwal survey is needed is exp1Ve butthe Hall is well able to meet suchcosts. Pulth Beneflt The Charities Act 2006 ('%he Act) now requires the Tnte¢S to report on how their activities meet the defjnition of ,liC bcnefit" Contai within the definthon of cliaritabk pulpxe in Ihe ACL There are two keyprin¢iples ofpubb'c benefit wbich are: . PTinc4)le l . Then mu5tbe an identithk EK41cfit (xbcfits Prmc4Jk 2. Benefit mustbety) the public (Ta section ofthepub The identifjable benefit of the Borough Green Village Hall (Thhe Hall is that it provides the community with three spaceg of varying size in which to carry out social and leisure pursuits. For example, the Hall is Used by 8 lod Amateur dran)8tiG8 SIety, several clubs a1 Irgani8atiODS. also f(Y pnvate P1¢8. The hall is also available for small busincsw touse. Forexampk, the ball is used exteive1Y bythe Caroline Clarc Sch(x)l of DeprovIdingaon¢e tuition toall ages. The use ofthe hall is not restricte4L Hirers of the Hall can be anyone overth¢ age of18 gn(L although the Charity was ¢st&blishe4J with the aim of providing a Hall to the inl)abitants of Borougb Green and the sum)unthDg are4 any personno matterwhere they live is entitledto hire anyofthethree spaces in the Hall. The TDJstees have to clwg¢ a fre forthe use of the Hall. This is beCae the hall receives no income from donations or other volunt8ry fillmlrnising Sources. The aim ofthe fee cbarged is tocov¢r c(*ts and to set aside funds for future maintenance and upgradcs to the HalL The fee charged does not prevent those in povety from usingthe bal]. No paSrnEfits pnvatcly fron the ba]L' allthe Tne£S areuydvolunteers andthe Hall has no employees. MrB11 47.TWMead TN15 8ET April. 2025 Charity number.. 302687
Boringb Gt¢¢n V71]age Hall I reportto the ttustees of Borou8h Green VillageHall (the Charity) Ihe accounts for the year ended 31 Decemb¢r2024, whicbare set out ollpag 5 to 10. chlS trusleu c(MLgid¢r thai an audit 18 n(rt requra fv this (uThler settion 43(2) of tk Cljanties Act 1993 (the Act), as arnended by $.28 of Chanties Act 21Y)6} a1 that an ]ndeth examithon is needed. Itig myrespoLIaltyIO. (under swtion43(7)(b) ofthe Ac( as amended). aThl My examination w&8 carried out in acc4Ydw with Gcnernl Directiow given by the Ciwity Commwsion. Anexamination includes a r¢vicw ofthe accounting records kept by the charity and a comparison ofthc counts presented with th(K records. It 8L80 TtKhuks ¢081derSt10n of any it¢n)s or disclosures in the accounts. and seeking explanations from the trst¢eS concerning any such matters. The procedures undertaken do TK)t provid¢ all the evidence thatwould berequred in an audi4 and ¢onscquently I do not express an audit 1]n10n on the ac¢ounts. which gives me reasonablc cause to believe thal in any material respecL the trustees hav¢ not met the ffquirements toesure that: pro)er aLwunting rec4 are kept (in accordaJK¢ with section 41 of the Act). a¢counts areprepared which agreewith the acc(ntIng rrfords and comply with the occountingrequiTements ofthe ACL or 2. to whKI4 inmy q)iniory atlentionshDukl Ixdtawn iniftst04xbkaptq)uuthBts*ofthe accounts to bereached Wrotham Sevettoaks TN15 7JH 17 AwiL 2025
fAJtb Gteth Village Ihll Statement of FIttand Actlvltles Year ended 31 Dec¢mb¢r 2023 INCOMING RESOiJRCES 1.047 luerAttlDg T¢wurees ¢hrltabie aettltie4 Hail Fee Incom¢ Gr8n¢s Re¢£iv&bl¢ Othtt Jn¢¢)m¢ SI8 37.747 623 TOTAL INCOMING RESOURCLS 38.794 CO of geD¢r#tlJw fiwdi Bor&ing Sw¢¢1 expeD8e4 2( Total cts ofyn¢rAthI8 fimd• Ch*rltabie Aetlvl W#t¢r. refuse And Kwerage 1,818 1.677 9,491 16J49 7.887 1068 Light fftttd hcat Repkif#, Tenewals 9nd nwintrnan Cle]ng Deprj1 Printing. pcffjta8e ond wti( Professional 9.936 ioJA) 1938 3.424 TO¢ ¢hwlt•ble expendlt 43,899 TOTAL RESOURCES EXPEIYDFII 44,159 IYET SURPLUSI(DEFICITI -5J65 Total Funds firward 169.595 233,137 164.230 Cknitynutnber. 3026 P•8¢ 5
YUL8b Oreen ViU•ge Hall Tnwew Re¥tht and FmEncsol StsttmeoL4 BalxDce SIet AS At JI Dee•n)]xr 1024 2024 2023 FIXED ASSETS Tgngiblc Fixed Assds 51,1152 47,057 3,880 53.32A Invelttnakts I¥¢paentS Cath llt and in hd 53J24 IWJ IN191 frfl.353 117.557 cRED)Rs. AmiAmts fallin8 io le$8 than (ffje > 181085 117,173 NET ASSETS 24137 164.230 Unrestrl¢ted Fun Ga)erai Fw 137 164,230 231137 164,230 Ch&ity nutmber.. 31ri Pg8e 6
Notes 1fmingpartofthefvmialslalana) l. Accounlfing Pollcles Basls of Preparation The fllwi¢ial statements are prepared in accordan¢e with the Statement of Recommended Practice Ateountlng Conventfion Ineomlng Resources All incom¢ is re¢ow8ed inthe statement of financial activities when the conditions forreceipt have been Donation8 are recognised in the Stateme of fill8181 activities when the c88h Iw been received. Invatment Intom¢ Investment income represents monies earned on the Hall dwit acci1 and is accounted for when receivabk. Hall is entitled but whicb ha not b¢¢ rxeived byd* year CTKI are in¢hed in in¢omin8 resowc¢8 in the statement of fin11 activities aThl sirn &8 thbtrxs in the ba]anc£ SI Rettlyable been complied with. Where grant iOrne is receivd for an ass¢t which i¥ aL80 capitalis. the 8r8nt 1$ deferred and released kn the Stat¢m¢nt of Financial Activities on the same basis as the &8set to which it relates is charged to the Statement of FillaDcial Activitie5. D¢ferTed srant ititome is rwtijS within creditors. (JMrtthE4bendlture Cbaritsble eXn'th jhId8 all exPeth directly rektedto the (bjects of the Hall aDJ the following.. Cl]aritynumbtr: 302687
Notrs (continued) l. Accounting Polldes (cl1) Tanglbk Flxed Assets TangiTrJle Fixed Assets are stated in th¢ Balance Sheet atcostph]s subsequent costs Capitalise less depreciation. Dw¢ciatiOD on Furniture, Fixturt8 & FittiD8S and Freehold Improvements is clwged at 2/0 on a reducing balance basis. No depreciation is ¢harged on frechold properties. The Hall w&8 valued in FcbnwY23 at £576,0(K) and it is the opinion ofthe T that the value ofthe Hall does not Deed itiwairing. Funds discretion of th¢ Trustees in the furtherance of the objects of the Hall. I Investment Income 2024 2023 IDterat receivable on dcw6its Nl0wide Bond 1,047 During the year, the total expenses reimbwsed to the Trustees amounted to £0 2024 (2023 £260) This represents the reimbursemenl of costs incurrd ID the firt1¢ of their duties &$ ThteeS and WAS paid to O (2016.1) Trust¢e. This is discltAl on the face of the SOFA. 4. Net Incomlng knouree8 Net in¢oming re8ource8 aTC ststed aftercbargmg: 2023 Depreciation 4,089 2.068
Bor(yJ8b Gr1 VLllÈe Hall Tnt4 Rq)rKt atsd FiDaDckAI Statements Note8 (CODtinued) Tangible Flxed AJ8ets Bvildin Flttln As at l Jaauary 21)24 AdditioL4 Ai at 31 D¢¢ember 2024 784 59W5 J23 IJ9ffj02 59WS 4084 12223 110fj02 A¢¢umulated Depreclatlon AB at l January 2024 Cbarge for the year Ai at 31 De¢ember 2024 51.747 lJ62 2,021 53.709 A063 11,798 106 2,068 6S613 ii. Net Book VAllle Ai at 31 December 2024 5886 Al)63 319 51,1152 A8 at 31 Dell 2023 38,784 425 47,057 Debtord 21ll4 Other Debtcffs 3,880 Hall lettiti8 fe 3.880 7. Investments Nationwide Dew&it $3J24 53,324 CtrltynumE¢r.' 3Tr2687
Brouts Grcat Villa8e Hau Notes (CODtinuuD Credhors: Amounts due kn less thn one ye4r 2023 AcLYtd8 iJio 1rt94 At Curmi )w 31-De¢-24 OlJ•v24 Current year Deferr (kt Inc<qD¢ 9. Movement In Funds At Exlture 31.D¢t.24 G¢ttcAI Fund 3&644 233,137 cbltynmber'. 3172687 Pa8e 10