(HARITY COMMISSION FOR ENGLAND ANO WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to tho trusteesl members of Watton Village Hall (Queen's Hall) On accounts for the year ended 31 December 2022 Charity no (if any} 304106 Set out on pages 1 to 15 I report to the trustees on my examination of the accounts of the above charrty l°Ihe Trust") for Ihe year en(Jed Responsibilities and basis of report As the charity's Irustees, you are responsible for the preparalion 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 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5}{b) of the Acl. 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 (other than that disclosed below '} which gives me cause to believe that in, any material respect.. the accounting records were not kepl in accordance with section 130 of the Charities Act., or the accounts did not accord with the accounting records.. or the accounts did not comply with the applicable requirements OnrnIng the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other Ihan 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 lo which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets rf they do not apply. Signed: Date.. Name: Robert Kendall Relevant professional qualification($) or body FCCA IER Oct 2018
(if anyl: Address: 38 High Street Watton Norfolk, IP25 6AE Section B Disclosure Only complete If the examiner needs to highlight material matters of concern {see CC32, Independent examination of charity accounts.. directions and guidance for examiners). Glve here brief details of any items that the examiner wishes to disclose. IER Oct 2018
WATfoN VILLAGE HALL lQiiEENS HALLI -h31 ily No 304106 Annual accounts for the eriod CC17a Period end dale Period start dale 0110112022 To 3111212022 Section A Statement of financial activities Restricted income funds Recommndèd categories by activity Details of own analysis Unrestricted fund$ End¢)wment Total this fvnd$ year Total last year Incoming Te$our¢es (Note 31 F01 F02 F03 F04 F05 Incoming resources from generated funds Vduntsry Income S01 2,667 2,667 Aciivilies for generAting funds S02 28,195 32 28,195 32 15,463 Investment Incoffle $03 lrt¢oming resources from charitsble activitiès S04 Other incorning rèsour$ sos Totsl incoming resources sob Resources expended (Notes 4-81 30,894 30,894 15.469 Costs of Generatlng Funds Coslsof generating voluntary Incorn£ 28,134 28.134 18,238 $07 FundraL%ing tradinu wsl$ Inveslrnenl rnana92mi costs S09 Chorltsblo actlvltles S10 Govèmanto costs 285 285 225 Other resources expended S12 Total resources expended 813 Net in¢omingK(outgoing) resourcès bèforè transfers S14 28,419 28,419 18,463 2,475 2,475 2,9941 Gross transfers between funds Sl5 Net incon7ing/foutgoing) r•$ourcès beforè other rgcognisedgains/(lossosJ s16 Other recognised gainsl{lossesl Gains and losses on revaluation ol fixed assets for the charity s own use Gains and losses on investment assets 2,475 2.994 S17 S18 Net movement In funds $19 Total funds brought forward rotsl funds carried fonyard s21 2,475 221,351 2.475 221,351 2,994 224,345 S20 223,826 223.826 221,351 CC17a (Excel} 1411012024
Section B Balance sheet Restricted Income funds Unrestricted funds Endowment Total this fund$ year Total last year Fixed assets Tangible assets F01 149,039 F02 F03 F04 149,039 F05 148,789 (Note 9) B01 Investments {Note 10) Total fixed assets BD3 B04 149,039 149, 148,789 Current assets Stock and work in progress Debtors (Note 11) (Short term) investments Cash at bank and in hand Total current assets BOS 1,500 3,463 1,500 3,463 1,491 2.623 B07 B08 ,71 75,676 70,713 75, 68.448 72,562 B09 Creditors: amounts falling due within one year {Note 121 B10 889 889 Net current assets/(liabilities) B11 74,7 74,787 72,562 Total assets less current liabilities B12 221,351 Creditors: amounts falling due after onè year (Note 12) B13 Provisions for liabilltles and charges B14 Net assets B15 223,826 223,826 221,351 Funds of the Charity Unrestricted funds B16 221,351 2,475 221,351 2,475 224,345 2,994 817 Restricted income funds (Nots 131 Endowmentfunds (Nots 131 B18 B19 Total funds B20 223,826 223,826 221,351 Signed by one or two trustees on behalf of all the trustees Date of roval Signature Print Name MRIX CC17a (Excell 1411012024
Section C Notes to the accounts Note 1 Basis of preparation Thls secfion shouldbe completed by all charities. 1.1 Basis of accounting These accounts have been prepared on the basis of historic cost lexcept that investments are shi)wn at market value) in accordance with". Accounting and Reporting by Charities- Statement of Recommended Pracliee ISORP 20051.. and with. Aceounling Standards., Financial Reporting Standards for Smaller Enterprises IFRSSEI., or and with the Charities Act. exce I for the followin Give details in this box if a diflerenl standard has been followed. -Tick as appropriate". If 811 rèlèvant disclosures shown in the pack have been given then please tsck'Accounb"ng Standards.: f disclosure5 complatèd In thèsè accounts have been restricted to those required by the FRSSE, then please tick 'Finan¢ial Reporting Standards for Smaller Enterprises IFRSSEI" -11 no departures from the chosen standard5 have bèen made than dalèt& thes¢ words,. othenp4ise give details of any changes in the boxes. 1.2 Change in basis of accounting There has been no change to the accounb.ng policies Ivalualion rules and methods of aoUntIng) since last year Ig except lor the followingl. Give details in this box of any material changes that have been made. S Il no changes have been made to accounting poliryes then d8let8 these words. 1.3 Changes to previous accounts No changes have been made to accounts for previous years except for the following). Give details in this box of any material Changes that have been made. 55 11 no changes have been made to accounts lor previous periods then delete these words. CC178 IExcell 1411012024
Section C Notes to the accounts Icontl Note 2 Accounting policies Thls standard Ilst of a¢eounting policles has been appl1 by the chalty exceptforthose deleted. Wher• a dthrent or additronalpolicy has been adopted thèn this is detailed in the box below. INCOMING RESOURCES Recognition of incorThng resourcgs These a Included In the Ststemenl of Finan¢i21 Activities ISOFAI when.. the chaiity b8comes entitled to the re50urce5, the Iruslee8 are virtually certain thev will retsNe the resour$." and the rnonetary value ¢an be measured wilh 5uffi¢ient reliability whe incomino resource8 have related eypenditure las with fundraising or ¢ontracl Incunel the in¢omin9 resources and related expenditure are reported gross In the SOFA. Grants and donations are only included in the SOFA when the charity has unconditional enIrtent to the resource5. Incoming resources with r8latsd 8xpenditur• Grants and donatlOll5 Tax r8claims on donatlons and gifts Contractual income and performanee related grants Incoming resources from tax cla1M$ are included in th8 SOFA al the same lime as the grfi lo which they relate. This Is only Included In the SOFA OTr the related goods or services hav8 been delivered. Gffts In klnd Gifts in kind are acrxjunled for at a reasonable esb.male of their valu8 10 the Charity or the amount actually realised. Gifts in kind for sale or distnbution are Included in the accounts as grfts only when 501d or islributed by the ¢harity- Gifts in kind for usè by the charity are included in the SOFA as Incoming soUrceS when reGeivable These a only included in inccrning re50ur¢es Iwrth an equivalent arnounl in re50urce$ expended) where th& benefit to the charity is 3$OnablY quantifiable, measurable and materkgl. The value placed on these resources is Ihe esbrnaled value to the charity of the service or facility received. The value of any voluntary help received 1$ not included in the acciyJnts but is des¢ribed in the tru8tets' annual report. Donatsd 8•Th1¢•8 and 14¢11Stlg$ Volunte•r h•lp Investhnt In¢ome This is included In the accounts when r8ceivable. Invèstment gains and 108888 This includes any gain or loss on the sale of investments and any gain or loss Su1ng from valuing invesknenls to market value al the end of the year. EXPENDITURE AND LIABILITIES Liability rncognitlon Liabilities are recognised as soon as there is a legal or ¢on$tructNe obligation commithng the charity to pay out $¢urces. Include ¢osi$ of the preparation and examination of statutory accounts. the costs of trustee meetings and cost of any legal advicè to trustees on govemance or constitutnal matters. Where the charity gives a grant with conditions for its payment being a specific level of servic• or output lo provided. such grants are only recogni5ed in the SOFA once the recipient of the grant has provided the specifk8d service or output These are only tOgniSed In the accounts when a commitment has been made and there are no conditions lo be met relating lo the grant which Main In ihe control of the charity. Support Costs include (entral functions and have been allocated 10 activity ¢o$I ¢ategories on basis consistent with the use of resources. eg allocating property costs by floor areas, or per capita. staff costs by the lime Spent and other Costs by their usage. Gov8rnanc8 costs Grants with performance tonditSon$ Grants payable without perfomiance conditions Support Costs ASSETS Tangible lix•d 0$$gts for u$0 These a ¢apitslised rf they can be used for more than one year. anLI cost ai 8$1 £500. They by charity are valued at cost or a reasonab value on rtceipt. Inv•slments Investments quoted on a recognised stock exchangè are valued at market value at the year end. Other Investment assets are Included at trustee$. best estimate of market value. Sto¢ks and WOb* In progr¢$$ These are valued al the lower ol cost or market value. POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE CC17a (EX1} 1411012024
Section C Notes to the accounts Icontl Note 3 Analysis of incoming resources Ineomlng resources may be further analysed rf this would help the reader of the a¢¢ounts. This year Last year Anal is Voluntary income OONATIONS GRANT 2,667 Total 2,667 A¢tivitigs for genèrating funds HIRE OF HALL BAR TAKINGS MISCELLANEOUS 17,901 10,294 9,518 4,902 1.043 Totsl 28,195 15,463 Investmènt Income INTEREST 32 Total 32 Incoming resources from charitable activities Total CC17a (Exce11 1411012024
Section C Notes to the accounts (cont} Note 4 Analysis of resources expended Resources expended may be further analysed If thls would help the reader of the accounts. This year Last year Analysis Costs of generatlng voluntary income BAR COSTS REPAIRS AND MAINTENANCE UTILITIES, CARETAKER, CLEANING. PHONE INSUFiANCE AND LICENCES DEPRECIATION. LOSS ON FIXED ASSETS 7.043 2.984 12,846 2,291 2,970 28,134 4,140 3.167 6.047 1,869 3.01 S 18,238 Totsl Fundraislng tradlng costs Totsl Investment managem•nt costs Total Charitable activlties Total Governance costs GENERAL MANAGEMENT 285 225 Total 285 225 CC17a (EX1) 1411012024
Section C Notes to the accounts Icontl Note 5 Support Costs Please complgte this note rfthe ¢harity has analysed its expenses using activity categorie$ and has support costs. Fundralslng actlvlty Charitable Aetivity Governance Activity Totsl Cost Su ort cost Total Note 6 Detsils of certain items of expenditure 6.1 Trustee exn5¢S Please pmvide details of the amount of any payment or reimbursemertt of out-of-pocket expenses made to trust••s or to thlrdparties for expenses incurred by trustees. If no expen5e5 were paid, please enter'None' In the approprlate boxfos). This year Last year Number of trustees who wore pald expgn$e$ Nature of the expenses Totsl amount pald 6.2 Fees for èxamination or audit of the accounts Please pmvide delails of the amount paid foranystatutory extemal scrutlny of accounts and other s•Thices provided byyour independent examirtèr or auditor. M nothing was paidplease enter NONE in the appropriate box(esJ. This year Last year Independent examlner's or auditors, foes for reporting on the a¢¢ounts Othèr fèes Ifor ?xampl8: advice. consultancy, a¢¢ountsncy sorvicesl paid to the independent examinor or auditor 180 120 105 105 CC17a IExcell 1411012024
Section C Notes to the accounts Iconti Note 7 Paid employees Please complete this note rfthe charity has any employees. 7.1 Stsff Costs This year Last year Gross wag&s, salarios and benefits in kind Employerfs National Insurance costs Pension costs 4.985 4,184 Totsl stsff costs 4.985 4,184 7.2 Avèragè number of full-time equivalent èmployees In tho yèar This year Number Last year Number The parts of the charity in which thè employees work Totsl 7.3 Defined contribution pènsion scheme Please complete ifa delined contribution Briaf datails of thè scham• ension scheme 1$ o erated. Th1$ y&ar Last year The costs of the sch•mo to tho charity for th• y•ar The amount of any contributions outstanding at the year end The amount of any contrlbution$ prep?Id at thg ygar end CC17a IExcell 1411012024
Section C Notes to the accounts Icontl Note 8 Grantmaking Please complete this note if the charity made any grants or donatlons which in aggrogate fomi a material part of tho charitable activities undertaken. 8.1 Total value of grants Grants to institutions Totsl amount £ Grants to individuals Total amount £ Purpose for which grants made Total 8.1 Grantmaking costs If the charlty's accounts are prepared on the "activity basis" please givo d•tails of any support cost associated with grantmaking. Please enter "Nil" if thè chariTty does not identify and/or allocate support costs. Support costs of grantmaking 8.3 Grants made to institutions If the charity has made grants to particular institutions that are material in the context of its grantmaking please give details of the institution supported, purpose of the grant and total paid to each institution listed. Sufficient information should be given to providè a re8s0nable understandlng of the nge of Institutions su orted. Names of institutions Purpose Tolal amount of rants paid £ Total grants to institutions CC17a IExcell 1411012024
Section C Notes to the accounts (conti Note 9 Tangible fixed assets Please complete this noto if the charity has any tangible lixed assets 9.1 Cost or valuatlon Fr••hold land & bulldlngs Other land & bulldings Plant, machinery and motor vehlcles Flxture$, fittings and equipment Payments on aeeount and assets undèr eonstructlon Total Balance brought forward Additions 171,817 82,180 253.997 3.220 3.220 Revaluations Disposals Transfers Balance carried forward 171,817 85,400 257,217 9.2 A¢cumulat8d depreclation and Impairment provisions "Basis SLorRB SLorR8 SLorRB SLorRB SLorRB ' Rate Balance brought forward Depreciation Gharge for year Impairment provisions 30,382 74,828 105,208 1,718 1,252 2,970 Revaluations Disposals Transfers. Balance carried forward 32.100 76,078 108,178 9.3 Net book value Brought fomard Carried forward 141,435 139,717 7,354 9.322 148,789 149.039 9.4 Ravaluatlon If any fixed assets have been revaluedplease give details of thè valuerand method of valuation The 'Yransfers" row is formovemenls between fixed asset categories. Pl&èse indicate the method of depreGialion by deleling the melhod nol applicable (SL - straight line,. RB - ducing b81ance). Also please indicate the rale of deprecialion.. for slraight line, what is the anlicipaled life of the asset (in y8ars),' for reducing balance, what is the percentage annual deduction. CC17a (Excell 10 1411012024
Section C Notes to the accounts Icontl Note 10 Investment assets Please complete this note if th• charity has any invgstment assets. 10.1 Fixed assets investments Carrying (market) value al beginning of year Add: additions lo investments al cost Le88.- disposals al carrying value Addlldgductl: net gainlllossl on revaluation Carrying Imarkell value al end of year Please provide below.. 10.2 A br•akdown of thg market values of investments shown above agreelng wlth the balance sheet row BO3. 10.3 A breakdown of the Income from investments agreeing with SOFA row SO3. Analysis of investments 10.2 Market value at year end 10.3 Income from investments for the year Investment properties Investments listed on a r¢¢ognised stock exchange or held in common Invg$tm8nt funds, open ended investrnent companies, unit trusts or other ¢oll¢¢tiv• Invgstmènt schemes Invo8tments In subsidiary or connected undertakings and companles Securitles not Ilsted on a recognised Stock Exchange Cash held as part of the investment portfollo Other investments Totsl 10.4 Material Investment holdings If any slngle Investment Is materlal Sn ternis of its valug Ifor gxample represents more than 5 per cent of the value ol the charity's total investments) please provide detalls. Investment held Market Value CC17a IExcell 1411012024
Section C Notes to the accounts (conti Note 11 Debtors and prgpayments Please complete thls note rfthe charity has any debtors or re ments. Analysis of debtors Amounts falling due within one year This year Last year Amounts falling due after more than one y¢ar This year Last year Trade debtors Amounts duè from subsidlary and a$$ociatsd undertakings Othèr d8btors Prepayments and accruad income 1,026 1,163 1,274 1.422 1.201 Total Nots 12 Creditors and accruals Please complete thls note il the charity has any creditors oraeemals. 12.1 Analysis of creditors Amounts falling due within one year This year Last year Amounts falling due after morè than one year This year Last year Loans and ovgrdrafts Trade creditOfS Amounts due to 5ub5idiary and as$¢¢iat8d undartaklngs Other creditors 342 547 Accruals and deferrèd ineom• Totsl 12.2 Security over assets If any loan. overdraft or othercreditor holds a charge orothersecurity over any assets of the clmrity please provide detail5. CC17a (Excell 12 1411012024
Section C Notes to the accounts Icontl Note 13 Endowment and restricted income fund$ Please complete th1$ sKUon if the charity has any endowment or restricted income fun(ts. 13.1 Funds held Please give a bri•f doscrlption of any of the following type of funds held by the ¢harity: pem)anent endowment funds IPE}', expendabl¢ endowment funds IEEI. and restricted in¢omè funds, including special trusts. of th• ¢harity IRI. Fund Name Type PE. EE orR Purpose and Re5triction$ 13.2 Movements of major funds Pléase give details of the movements of the major funds summari$ed In the restrictedand endowment column5 of the Statement of Finan¢ial Activities. Fund balances brought forward und balances carried fopHard Incoming resources Outgoing resources Gains and losses Transfers Fund name$ Total Funds 13.3 Transfers befvleen funds Please give details of any transfers belween funds. From Fund (Namel To Fund (Namel Reason Amount CC178 (Excell 13 14110r2024
Section C Notes to the accounts {cont) Nots 14 Transactions with related parties If the Charity has any transactions with relatedparties (other than the trustee expenses explained in note 6) details of such transactions should be pmvidgd ITn this note. M there aro no transactions to report, please enter "None" in the relevant boxes. 14.1 Remuneration and benefits Please give the amount of, and leg81 authority for, any remuneratlon or otherbenefits pald to a trustgo or other relatedparties by th• ¢harity or any institution or company Connected with it. Amounts paid or beneflt value Name of trustee or connected party Le9al authority leg order, governing document} This year Last year 14.2 Loans Please give detsils of and amounts owing to or from the charity's trustees or other rel8tedp8rtles by the charity at the ygar end. Amount owing This year Last year Name of trustee or connected party Legal authority Due to trustees and related parties Duo from trustees and related parties 14.3 Other transactlonlsl wlth trustees or related parties Please givè details of any transaction undertaken by (or on behalf OQ the charity in which a trustee or relatod party has a materlal interest. Name of the trustee or related party Relationship to charity Description of the transactionls) This year Last year CC17a IExcel) 14 1411012024
Section C Notes to the accounts {contl Note 15 Additional Disclosures The followlng are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet. CC17a (Excell 15 1411012024