Charity No - 304065 SNETTISHAM MEMORIAL VILLAGE HALL & PLAYING FIELD TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR EI NDED 23 IVIARCH 2025 MAPUS-SMITH & LEMMON LLP CHARTERED ACCOUNTANTS KING'S LYNN
SNETTISHAM MEMORIAL VILLAGE HALL & PLAYING FIELD Charity No - 304065 REPORT AIND FINANCIAL STATEMEIYTS FOR THE YEAR EIYDED 23 MARCH 2025 Contents Page Leg7al and administrative information Trustees report Accountants report Stateinent of financial aciivities Balance sheet Notes to the accounts
SNETTISHAM MEMORIAL VILLAGE HALL & PLAYING FIELD Charity No - 304065 LEGAL AND ADMINISTRATIVE INFORMATION Registered Office of Charity 10 Old Church Road Snettishain King's Lynn Norfolk PE317LX Registered Charity Number 304065 Charity Principal Office 10 Old Church Road Snettishain KincJ'S Lynn Norfolk PE317LX Banker Barclays Bank Pl¢ 21 Tuesday Market Place Kinbi's Lynn Nofolk PE30 IJX Independenl Examiner Mapu5-Smith & Lemmon LLP 48 King Street King's Lynn Norfolk PE30 IHE Trustees Mr Peter Bradshaw - Chairman Mrs L Standeven Mr A Clarkson Mr P Herbert M iss R Chilver5 Mrs J Walker Mr S Burak
SNETTISHAM MEMORIAL VILLAGE HALL & PLAYJNG FIELD TRUSTEES REPORT FOR THE YEAR TO 23 MARCH 2025 Charity No - 304065 The trustees present their report along with the financial staternents of the charity for the year ended 23 Mai'ch 2025 Statement of trustee's responsibilities Charity law requires the trustees to prepare accounts that give a true and fair view of the state of affairs of the charity and of its incoine and expenditure for the financial year. In doingy so, the trustees are required to.. select suitable accounting policies and then apply them consistently. make judgyements and estimates that are I'easoiiable and pldent,. state whether applicable accounting standards and statements of i'ecommended fiiiancial statements; and prepare the financial statements on the &ioing concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable thein to ensure that the accounts comply with the Charities Act 2011 (Companies Act 201 I for charitable coit)panies) They are also responsible for safeguardingF the assets of the charity and hence for lakingy reasonable steps for the prevention and detection of fraud and other irre£ularities. Legal status & organisation The Charity was founded on 1811111947. The Governing Instrument5 under which the charity operate5 is the declaration of trust, and policies made from time to time by the trustees. The Coinpany is a registei'ed charity (Charity Number 304065). Other administrative details are as shown on page l . Structure, governance and management The trustees are responsible for the (yovernance of the charity and ensure that it pursues the objects for which it was founded. New trustees. being qualified by experience, are appointed by recommendation of the current trustees, or by proposal of a current trustee entitled to vote at a ITteeting of the charity. Objectives and activities of the eharity for the public benefit The Trustees have had regard to the Charity Commission's gyuidance on public benefit and have sought to ensure that all activities undertaken have been ir] line with the charity's objectives. The main objectives of the charity are: Educationltraining - sportlrecreation for childrenlyoung people, elderly - people with disabilities - general public The objectives are mei by a village hall for the use of the inhabitants of the Parish of Snettisham, provides building7slfacilitieslopen spaces.
SNETTISHAM MEMORIAL VILLAGE HALL & PLAYING FIELD TRUSTEES REPORT FOR THE YEAR TO 23 IILIRCH 2025 Achievements and Performance Financially sound after taking over as trustees in March 201 O and have carried out many repaii-s to Charity premises. Financial Review Investment Policy and Reserves The attached documents demonstrate in financial ternis the activities of the charity for the past year. As can be seen the Charity has an of incorne over expenditure iii the curreiit ye- showing a surplus of £4,116 compared to a surplus of £13,729 in 2024. The charity retains sufficient unrestricted i'eserves to meet its indirect charitable expenditure (excludin(y depreciation) for a period of at leasl 12 months. The direct charitable expenditure is mostly met with a combination of hall and pavilion l'ent, bar incoine and fundraising. On behalf of th¢ Trustces MR PETER BRADSHAW - CHAIRMAN
SNETTISHAM MEMORIAL VILLAGE HALL & PLAYING FIELD Charity No- 304065 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SNETTISHAM VILLAGE HALL & PLAYING FIELD I report on the accounis of the Trust for the period ended 23 March 2025, which are set out on pages 5t09. Respective responsibilitie5 of trustees and independent examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required foi. Ihis year (under section 144(?) of the Charities Act 2011 (the 201 l Act), and that an independent examination is needed. Havings satisfied myself that the charity is not subject to audit under coinpany law and is eligible for independent examination, it is my responsibility to: examine the accounts (under section 145 of the 201 l Act, to follow the procedL¢res laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the 201 l Act, and to state whether paiticular matters have come to my attention Basis of independent examiner's report My examination was carried out in accordance with the General Directions g7iven by the Chai'ity Commission. An examination includes a review of the accounting record5 kept by the charity and a comparisoii of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts. and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be requii'ed in an audit and, consequently, no opinioii is (yiveii as to whether the accounts present a 'tnEe and fair view, and the report is limited to those matters set out in the statement below. Independent examiners statement In connection with my examination, no matter has come to my attention: ( l ) which ¥ives me reasonable cause to believe that in any material respect the trustees have not met the requirements to ensui'e that.. a) proper accounting records are kept {in accordance with section 41 of the Act): and b) accounts are prepared which agi'ee with the accounting records and comply with the accounting requirements of the Act; or (2) to which, in my opinion, attention should be di'awn in order to enable a proper understandino of the accounts to be reached. Date . IIIILIL OL Mapus-smith & Lemmon LLP Chartered Accountants 48 King Street Kinos Lynn Norfolk PE30 1 HE
SNETTISHAM MEMORIAL VILLAGE HALL & PLAYINC FIELD Charity No - 304065 STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 23 MARCH 2025 Notes Restricted Funds Restricted 2025 Total 2024 Total Fuiids 12 mths 12 mths INCOMING RESOURCES IncoN7i17g re.sourcL5'1rom generaledfvnd Volunlary Income Donations Grants AcliviliLsfor generaiiKgfz4nds Fundrdising Hall Rents Pavilion Bar Income Field Rent Investment income Other income Suin Up 7,960 2,389 10,349 179 3,429 4,846 23,711 1,121 2,906 1,890 450 8,275 23,711 1,121 2,906 1,890 450 185 308 4,559 19,347 2,519 6,699 553 185 308 21,851 Total iiicoming re&ourceJ 11.574 37,621 49,195 55,706 RESOURCES EXPENDED Co,vts' ofgeneriilingfuiids Fundraising expenses Bar purchases Cleaner wages Cleanin(F and laundry Repails and renewals - hall Repairs and renewals - pavilion Field Maintenacelrepair Pavillion Project 3,188 1,594 2,229 4.290 637 1,515 1.829 3,703 4,782 2.229 4.290 637 8,171 2.229 3,703 890 3,971 3,580 423 10,284 2,348 6,657 400 8,098 10,245 15,796 26,041 29,594 Mamagemenl aiid adlninislrulion costs Rates Ele¢tri¢ity Travel and subsistence Stationery & Administration Advertisin( Sundi-y expenses Subscriptions Insui'ance Depreciation 112 6,332 299 962 873 3,446 420 1,934 1,822 5,502 6,332 299 249 873 204 420 1,934 3,338 13.762 714 225 225 466 480 2,354 790 11,6i9 3.242 3,955 17,717 GovernaiiLe coAI& Book-keepingy and accountancy 1,320 1,320 1,320 1,320 744 744 Total resources expended 14.200 30,879 45,078 41,978 Net surplus/(deficit) for the year
SNETTISHAM MEMORIAL VILLAGE HALL & PLAYING FIELD Charity No - 304065 BALANCE SHEET AS AT 23 MARCH 2025 Notes 2025 2024 Fixed A55ets 49,971 14,220 Current Assets Investments Cash at bank and in hand.. Unrestricted - Memorial Village Hall Restricted - Pavilion Bank Account 9.755 9,229 17,493 81,314 108.561 23,831 43,611 76,671 Current Liabilities Sundry creditors and accrued income 63,350 350 Net Current Assets 45,211 76.321 Total Assets less Current Liabilities 95,182 90,541 FUINDS Unrestricted Funds Restricted Funds 54,197 40,985 46.929 43,611 Total Charity Funds 95,182 90,541 Note: Insurance valuations of the assets available to the charity are shown on page 7 The accounts were approved by the trustees on................................. and are signed on their behalf by.. MR PETER BRADSHAW - CHAIRMAN
SNETTISHAM MEMORIAL VILLAGE HALL & PLAYING FIELD Charity No - 304065 NOTES TO THE 1411)ANCIAL s'fA'I'EMENTS FOR Tiif I'FAR TO 23 MARCH 2025 Assetg availablc to the eh¥rity- as vAlued for insurance purposes MemtsriAI Villag¢ I l¥ll Buildings C'ontents Business Interruption 974,$91 23.898 104.000 Pavilion & Tenni5 Courts Buildings C'ontents. $16,473 3,171 ContAin¢r Iluildings 2,744 1,624.877
SNETTISHAM MEMORIAL VILLAGE HALL & PLAYING FIELD Charity No- 304065 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR TO 23 MARCH 2025 l. Accounting policies The siTrnificant accountiiig policies used in the preparation of these financial statements are:. 1.1 Basis of Accoiinting The financial statements have been prepared under the historical cost convention, and in accordance with the requirements of the Charities Act 201 l and with the Statement of Recommended Practice- Accounting and Reporting by Charities preparingy their accounts in accordance with the Financial Reportinty Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014. The reported financial position and financial performance for the previous period are not affected by the transition to FRS 102. The effects of events in relation to the yeai. ended 23 March 20?5 which occurred before the date of approval of the financial statements by the Board of Triistees, have been included in the statements to the extent required to show a true and fair view of the state of affairs at 23 March 2025 and of the reslilts for the year ended on that date. 1.2 Incoming resources All incoming resources are included in the SOFA when the charity is legyally entitled to ihe income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular cat¢syori¢s of ncoiT]¢- Incoming Resources comprises principally income from fairs, gyift aid donation and grants. DonAtions and grants Income from donations and girants are included in incoming resources when these are receivable. Interest receivable Interest is included when receivable by the charity. .3 Resourtes expended Expenditiire is recogynised when a liability is incurred. Contractual arrangements and performance related grants are recogJnised as goods or services are supplied. Other grant payrnents are recognised when a constructive obligation arises that results in the payment being unavoidable. Costs of gJenerating funds are those costs incurred in tradingy activities that raise funds. Governance ¢ost5 include those incurred in the gTrovernance of the Charity and its assets and are priniarily associated with the constitutional and statutory requirements. 1.4 Investments Investinents are reflected in the accounts at their current market value. 1.7 Funds Structure All funds are unrestricted incoine funds. 2. Staff Costs No employee earned more than £60,000 per annum. The trustees neither received or waived any emoluinents during the year (2024 £Nil) The trustees weir not paid in the period. The trustees were reimbursed for expenses incurred in tlie period. 3. Net Expenditure for the year This is staled after charging.. 2024 Accountancy 350 350
SNLI"fisiiAM MENIORIAL Vll.L¥lC.F. 11.11.I, & PIA YING FIEI.J) ClIRrity No- 30406$ OTES TO TIIE fiNAYC.IAL STATEtiri.I'TS foR TIIE YIAR TO 23 MARC.'H 2025 4. Fix¢d A¥sets Fd%tension Plfjnt & Machinery Total Cwt BrouLtht for1(rd at ?4 Mllrch ?0?4 38.07 63.699 39.089 64.718 Ai 2) March 2025 Deyreeition Ai )4 March ?024 CharbTC foy thL yLdr Al March 2025 11,409 3.185 14.%94 11.409 3.338 14.747 Net Book Vlllllt Al ?3 ?0?5 866 49.971 AI ?3 Mttrch ?0?4 14.??0 S. Inv¢¥tments Inv¢sim¢nts comprise the following.. 23-M411'.28 FixL'd raie bond bA&G- Chttri fund 9.755 Mark'tt valu¢ at ?3 March 7074 9.755 & C.iYditors 2025 2024 Accouniancy accrual 350 350 350 35U 7. Nlovement in fund$ Incoming YL'soiirL Al?3 March ?024 Ouisioins InvLsimcni March rcsources rck'aluaiion ?0?.% ainsl 'rran%fL Re%tricted fuTrd 11.574 114.?001 40,985 Ilni'cstricted funds: GenL'ml fiinds 46.929 lJO.8791 526 54,19? Toial funds 90.540 49,195 145.0781 546 95.18? 8. Restrtcte(I fund5 IncomL llnd expenditurL fL'lalLs lu lllndrDi4ingT loi Ihc pavilion ptUjL¢t. The folloiving grants are LlfKCILd to bL rc£cived in ihL ne.xt firtmncial Vear.. Anunymou% donation Cjranl Donalions (tcoI)rL'5, WallinÈ¥ ChJrily 1101nLsL'a Wind Fami ??000( 70,000.(KJ 335 00 5.OUU.OU 16,000.00