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2024-03-31-accounts

HILDENBOROUGH VILLAGE HALL TRUST

Registered Charity No: 302764

Independent examination for the year ended 31 March 2024

I have examined the books, records and supporting documentation, which I can c agree with the financial statements presented for the year ended 31 March 2024 covering the period 1 April 2023 to 31 March 2024, in respect of activities relatin the Hildenborough Village Hall Trust.

I have also reviewed post Balance Sheet activities.

David Chick 48 Willow Lea Tonbridge TN10 3RF

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HILDENBOROUGH VILLAGE HALL

Registered Charity No: 302764

INCOME & EXPENDITURE ACCOUNT YEAR ENDED 31 MARCH 2023

RENTAL INCOME
Rents received
OTHER INCOME
Bank interest
TOTAL INCOME
OVERHEADS
Caretaking and cleaning
Gas
Electricity
Sewerage
Water
Refuse
Insurance
Rates
Professional fees
Misc
Maintenance
REFURBISHMENT
Roof
Electrics
TOTAL EXPENDITURE
SURPLUS/(DEFICIT)
2023
44,622
68
44,690
9,846
3,644
3,407
1,426
1,639
468
1,603
870
1,695
349
24,947
2,670
27,617
0
5,164
5,164
32,781
11,909
2024
50,121
3,172
1,122
200
54,615
8,528
5,257
2,283
1,985
1,831
520
1,760
799
-
10,610
33,572
1,937
35,509
35,509
19,106

HILDENBOROUGH VILLAGE HALL

Registered Charity No: 302764 BALANCE SHEET as at 31ST MARCH 2024

CURRENT ASSETS
Current Account
Reserve Account
Debtors
CURRENT LIABILITIES
Creditors
ACCUMULATED FUND
Balance 1 April
Surplus/(Defcit) for the year
23
44,876
63,981
15,000
15,000
59,876
0
0
59,876
47,967
11,909
59,876
24


78,981
78,981
59,876
19,105
78,981

These accounts were approved on behalf of the Committee on 29 Oct 2024

D Haugh - Chairman/Acting treasurer

HILDENBOROUGH VILLAGE HALL

Registered Charity No: 302764 NOTES to the ACCOUNTS YEAR ENDED 31 MARCH 2024

Accounting Policies

The accounts were prepared under the historical cost convention

All funds in the Balance Sheet are unrestricted

Rental income is accounted for on a received basis

During the period under review David Haugh was paid £589 for the provision of cleaning duties when he substituted for the regular caretaker

No other member of the Hall's management committee received any remuneratio from the Village Hall during the accounting period

Reserves Policy

The Committee has set a reserves policy of having 6 months ordinary expenditur reserves. This equates to some £15,000, which has been placed in a designated account

Post Balance Sheet Events

There was no excptional income or expenditure arising in the quarter to 30 June 2 Income for that quarter was £17761 and expenditure amounted to £12547

on 'ein bank 2024

Chairman’s Annual Report for the year to March 2024

The year has seen a steady growth in usage, especially during the week, and some days have almost continuous use in the main rooms. We have continued to invest in improvements where needed. The Dance Studio has been fitted out with new blinds and air conditioning to make it more usable on hot summer days. Additional new power sockets have been fitted to the two larger rooms, adding to their usability by different users. Some of the tables have been replaced – time and wear has rendered some unsafe. A new hearing loop was fitted in the main hall – the old one was not working well.

We now have permanent cleaning and caretaking personnel, who keep all the hall rooms to the high standard that we all expect. Only minor maintenance has been required this year, but faults are dealt with as soon as possible. There are still problems with lights and taps being left running overnight, but users are frequently reminded of their responsibilities when leaving the building.

The online booking system run by Hilary is working well and allows both management and users to see instantly the status of availability. In the coming year, it is planned to move to an internet access bank account, since most users now pay directly by bank transfer and most suppliers and tradesmen dislike cheques.

Thanks go again to those volunteers without whom the hall would not work so well, and who make the hall the place to go in the area.

David Haugh Chairman HVH