Registered Charity No: 303951 FLEGGBURGH VILLAGE HALL AND PLAYING FIELD FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 FLEGGBURGH VILLAGE HALL AND PLAYING FIELD CONTENTS YEAR ENDED 31 DECEMBER 2024 Page Report of the Trustees Independent Examiners Report Receipts and Payments Account Statements of Assets and Liabilities Notes to the Financial Statements FLEGGBURGH VILLAGE HALL AND PLAYING FIELD REFERENCE AND ADMINISTRATIVE INFORMATION YEAR ENDED 31 DECEMBER 2024 The trustees present their report and financial statements for the year ended 31 December 2024. Charity Name Fleggburgh Village Hall and Playing Field Charity Number 303951 Registered Office Keepers Cottage Pound Lane Fllby Norfolk NR29 3HP Trustees Mrs Jacqueline Payne- Chairperson {appointed 11 April 2024) Dr Nicholas Dawes- Vice Chairperson (appointed 11 April 2024) Mrs Christine Merritt- Treasurer (resigned 31 December 20231 Mrs Louise Averre- Treasurer (appointed 18 November 20241 Mrs Julie Osborne - Secretary Miss Marsha Birkett Mrs June Pratt Mr Frank Brown (deceased 5 June 20241 Mr Raymond Jennis Mrs Janette Ely Mrs Nicola Coombe {appointed 11 April 2024) Independent Examiners Stephenson Smart Queens Head House The Street Acle Norwich NR13 3DY Bankers Barc13yS 40-42 Market Place Great Yarmouth NR30 ILX FLEGGBURGH VILLAGE HALL AND PLAYING FIELD REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 Objectives and Activities The primary objective of the charity, under the terms of conveyance dated 11 October 1947. is to be the focal point for all local community attivities within the villages of Fleggburgh. Public Benefit The trustees have had due regard to guidance published by the Charity Commission on public benefit and consider the charity provides a public benefit due to the support and assistance it provides to the local communitv. Achievements, Performance and Financial Review The gross income for the year was £28,850 {2023: £21,150) and expenses amounted to £24,726 12023.. £22.8471. As of 31 December 2024. the charity had cash resep4es of £60,348 {2023: £56,224). These reserves are held for future distribution to the beneficiaries of the charity in accordance with the objettives and activities above. Strurture, Governance and Management Governing Document Fleggburgh Village Hall and Playing Field was established in 1947 and is registered with the Charity Commission under Enclosure Act 41 GEO. 3 Rep. Vol. 26 P267 (Registrdtion Number 3039511. Recruitment and Appointment of Trustees Trustees meet every six weeks. The Chair, Vice Chair, Secretary and Treasurer and the Committee oversee the activities of the Charity. Officers are appointed at the Annual General Meeting and hold office until the following AGM. Risk Monagement The trustees acknowledge the Charity Commission recommendation that they undertake an assessment of the risks faced by the charity and this is on-going. Signed on behalf of the trustees- Mrs Jacqueline Payne, Chairperson Mrs Janette Ely. Vice Chairperson Mrs Louise Averre, Treasurer Mrs Julie Osborne, Secretary Date.. 4 August 2025 INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF FLEGGBURGH VILLAGE HALL AND PLAYING FIELD We report to the charity's trustees on ourexamination of the accounts of the charityforthe year ended 31 December 2024 which are set out on pages 4 to 6. Respective responsibilities of trustees and examiner As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111"the Act"). We report in respect of ourexamination of the charity's accounts carried out under sections 145 ofthe 2011 Act and in carrying out our examination we have followed all the applicable Directions given by the Charity Commission under section 14515)Ibl of the Act. Independent examiner's Statement We have completed our examination. We confirm that no material matters have come to our attention in connection with the examination giving us cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the Act: or the accounts do not accord with those records. We have no concerns and have come across no other matters in connection the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Stephenson Smart (East Anglia) Limited Chartered Accountants Queens Head House The Street Acle Norwich NR13 3DY Date: 4 August 2025 FLEGGBURGH VILLAGE HALL AND PLAYING FIELD RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 RECEIPTS Donations Rents received Car park hire Fundraising Bank interest Other 1,850 15.976 4.943 5,200 289 592 2,378 12,746 2,976 2,951 99 28.850 21,150 Less PAYMENTS Fundraising cost Administration c05t Utilities Maintenance Equipment Insurance Accountancy General 2,169 2.066 6.255 9,617 754 2.696 690 479 1,855 1,302 4,918 11,393 2,445 630 304 24,726 22,847 EXCESS OF RECEIPTS OVER PAYMENTS/(EXCESS OF PAYMENTS OVER RECEIPTS) 4,124 11,6971 TOTAL CASH HELD I JANUARY 2024 56.224 57,921 TOTAL CASH HELD 31 DECEMBER 2024 60,348 56,224 FLEGGBURGH VILLAGE HALL AND PLAYING FIELD STATEMENT OF ASSEfs AND LIABILITIES AS AT 31 DECEMBER 2024 2024 2023 MONETARY ASSETS Current account 31,445 27,788 Deposit account 28,842 28,355 Petty cash 61 81 60.348 56,224 OTHER ASs￿s Freehold property at cost 261.750 261.750 261.750 261.750 MONETARY ASSETS The deposit account funding is solely for the purpose of emergencies and as such is treated by the committee and trustees in this manner. OTHER ASSETS The trustees of a charity are 'the persons having the general control and management of the administration of a charity., In the case of this charity that is the Management Committee. as provided for in the charity's governing document, the Conveyance dated 11 October 1947. The Parish Council is the custodian trustee lor holding trusteel, in that the charity's property is vested in the Council and it should hold all the securities and documents of title relating to the charity's property. The custodian trustee has no power in the administration and management of the charity and must act at the direction of the managing trustees unless it considers that to do so would be a breach of trust. CURRENT LIABILITES Accountancy fees of £690 {2023- £6601 are payable. These financial statements were approved by the trustees on 4 August 2025. Mrs Jacqueline Payne, Chairperson Mrs Janette Ely. Vice Chairperson Mr5 Julie Osborne- Secretary FLEGGBURGH VILLAGE HALL AND PLAYING FIELD NOTES TO THE FINANCIAL STATEMENTS- 31 DECEMBER 2024 ACCOUNTANCY POUCY l. Basis of accounting The accounts have been prepared on a receipts and payments basis. 2. Funds The charity has no restricted funds. 3. Receipts During the year, the charity refunded rent deposits totalling £830 and these have been netted off against rent received. 4. Transactions with trustees and related parties The trustees were not entitled to or received any remuneration or expenses during the year. During the year trustees were reimbursed for costs incurred on behalf of the charity totalling £28412023.. £6551. 5. Other pertinent information The Big Lottery Ipreviously The Community Fund) retains an 80 year interest in the new village hall. This interest commenced in December 2000.