REGISTERED CHARITY NUMBER: 302802
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 30 September 2021
for
Meopham Village Hall
Tax Solutions Wakefield Limited T/A Rishworth Baxter Accountants 26 Cheapside Wakefield West Yorkshire WF1 2TF
Meopham Village Hall
Contents of the Financial Statements for the Year Ended 30 September 2021
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 9 |
| Detailed Statement of Financial Activities | 10 |
Meopham Village Hall
Report of the Trustees for the Year Ended 30 September 2021
The trustees present their report with the financial statements of the charity for the year ended 30 September 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Committee members
Roy Lingham - Trustee / Chairman Trixie Leyshon - Trustee / Vice-Chairman Rob Macfarlane - Trustee / Treasurer Margaret Keenan - Trustee / Booking Secretary Rosalie Knott Sheila Buchanan Barbara Macknish William Lambert Norah Baines Trixie Leyshon Paul Werlemann Mike Dawson Sylvia Stickings Pat Deadman Laura Vines
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 302802
Principal address
8 Camer Street Meopham Gravesend Kent DA13 0XR
Trustees
R Lingham Trustee R Macfarlane Trustee / Treasurer Ms T Leyshon Trustee Ms M Keenan Booking Secretary
Independent Examiner
Benjamin Baxter Tax Solutions Wakefield Limited T/A Rishworth Baxter Accountants 26 Cheapside Wakefield West Yorkshire WF1 2TF
Page 1
Meopham Village Hall
Report of the Trustees for the Year Ended 30 September 2021
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ Trustee
Page 2
Independent Examiner's Report to the Trustees of Meopham Village Hall
Independent examiner's report to the trustees of Meopham Village Hall
I report to the charity trustees on my examination of the accounts of Meopham Village Hall (the Trust) for the year ended 30 September 2021.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
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.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Benjamin Baxter Tax Solutions Wakefield Limited T/A Rishworth Baxter Accountants 26 Cheapside Wakefield West Yorkshire WF1 2TF
Date: .............................................
Page 3
Meopham Village Hall
Statement of Financial Activities for the Year Ended 30 September 2021
| 30.9.21 | 30.9.20 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 1 | 2 | |
| Charitable activities | |||
| General | 24,693 | 11,198 | |
| Investment income | 2 | 13,403 | 20,770 |
| Total | 38,097 | 31,970 | |
| EXPENDITURE ON | |||
| Charitable activities | |||
| General | 34,885 | 29,303 | |
| NET INCOME | 3,212 | 2,667 | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 49,734 | 47,067 | |
| TOTAL FUNDS CARRIED FORWARD | 52,946 | 49,734 |
The notes form part of these financial statements
Page 4
Meopham Village Hall
Balance Sheet
30 September 2021
| 30.9.21 | 30.9.20 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Debtors | 6 | 29 | - |
| Cash at bank | 53,304 | 50,120 | |
| 53,333 | 50,120 | ||
| CREDITORS | |||
| Amounts falling due within one year | 7 | (387) | (386) |
| NET CURRENT ASSETS | 52,946 | 49,734 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 52,946 | 49,734 | |
| NET ASSETS | 52,946 | 49,734 | |
| FUNDS | 9 | ||
| Unrestricted funds | 52,946 | 49,734 | |
| TOTAL FUNDS | 52,946 | 49,734 |
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Trustee
The notes form part of these financial statements
Page 5
Meopham Village Hall
Notes to the Financial Statements for the Year Ended 30 September 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 30.9.21 | 30.9.20 | |
| £ | £ | |
| Rents received | 12,588 | 19,574 |
| Interest receivable - trading | 4 | 15 |
| Investment interest | 811 | 1,181 |
| 13,403 | 20,770 |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 September 2021 nor for the year ended 30 September 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 September 2021 nor for the year ended 30 September 2020.
continued...
Page 6
Meopham Village Hall
Notes to the Financial Statements - continued for the Year Ended 30 September 2021
4. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 30.9.21 | 30.9.20 | ||
|---|---|---|---|
| Number of employees during the year | 1 | 1 | |
| No employees received emoluments in excess of £60,000. | |||
| 5. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||
| Unrestricted | |||
| fund | |||
| £ | |||
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 2 | ||
| Charitable activities | |||
| General | 11,198 | ||
| Investment income | 20,770 | ||
| Total | 31,970 | ||
| EXPENDITURE ON | |||
| Charitable activities | |||
| General | 29,303 | ||
| NET INCOME | 2,667 | ||
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 47,067 | ||
| TOTAL FUNDS CARRIED FORWARD | 49,734 | ||
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 30.9.21 | 30.9.20 | ||
| £ | £ | ||
| Social security and other tax | 29 | - |
continued...
Page 7
Meopham Village Hall
Notes to the Financial Statements - continued for the Year Ended 30 September 2021
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 30.9.21 | 30.9.20 | |||
|---|---|---|---|---|
| £ | £ | |||
| Bank loans and overdrafts (see note 8) | 387 | 386 | ||
| 8. | LOANS | |||
| An analysis of the maturity of loans is given below: | ||||
| 30.9.21 | 30.9.20 | |||
| £ | £ | |||
| Amounts falling due within one year on demand: | ||||
| Bank overdrafts | 387 | 386 | ||
| 9. | MOVEMENT IN FUNDS | |||
| Net | ||||
| At | movement | At | ||
| 1.10.20 | in funds | 30.9.21 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 49,734 | 3,212 | 52,946 | |
| TOTAL FUNDS | 49,734 | 3,212 | 52,946 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 38,097 | (34,885) | 3,212 | |
| TOTAL FUNDS | 38,097 | (34,885) | 3,212 | |
| Comparatives for movement in funds | ||||
| Net | ||||
| At | movement | At | ||
| 1.10.19 | in funds | 30.9.20 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 47,067 | 2,667 | 49,734 | |
| TOTAL FUNDS | 47,067 | 2,667 | 49,734 |
continued...
Page 8
Meopham Village Hall
Notes to the Financial Statements - continued for the Year Ended 30 September 2021
9. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 31,970 | (29,303) | 2,667 |
| TOTAL FUNDS | 31,970 | (29,303) | 2,667 |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Net At movement At 1.10.19 in funds 30.9.21 £ £ £ 47,067 5,879 52,946 47,067 5,879 52,946 |
Net At movement At 1.10.19 in funds 30.9.21 £ £ £ 47,067 5,879 52,946 47,067 5,879 52,946 |
|---|---|---|
| 52,946 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 70,067 | (64,188) | 5,879 |
| TOTAL FUNDS | 70,067 | (64,188) | 5,879 |
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 September 2021.
Page 9
Meopham Village Hall
| Detailed Statement of Financial Activities | ||
|---|---|---|
| for the Year Ended 30 September 2021 | ||
| 30.9.21 | 30.9.20 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Gifts | 1 | 2 |
| Investment income | ||
| Rents received | 12,588 | 19,574 |
| Interest receivable - trading | 4 | 15 |
| Investment interest | 811 | 1,181 |
| 13,403 | 20,770 | |
| Charitable activities | ||
| Grants | 24,693 | 11,198 |
| Total incoming resources | 38,097 | 31,970 |
| EXPENDITURE | ||
| Support costs | ||
| Expenditure | ||
| Wages | 7,455 | 7,125 |
| Rates and water | 1,673 | 2,662 |
| Insurance | 1,295 | 1,254 |
| Light and heat | 1,488 | 2,412 |
| Telephone | 248 | 186 |
| Repairs and renewals | 21,241 | 12,051 |
| Cleaning and sundries | 102 | 21 |
| Accountancy fees | 480 | 390 |
| Legal and professional fees | 522 | 2,582 |
| Advertising | 187 | 12 |
| Cleaning | 194 | 608 |
| 34,885 | 29,303 | |
| Total resources expended | 34,885 | 29,303 |
| Net income | 3,212 | 2,667 |
This page does not form part of the statutory financial statements
Page 10