CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's report on the
accounts
Section A
Independent Examiner's Report
Report to the trusteesl
members of
Watton Village Hall (Queen's Hall)
On accounts for the year
ended
31 December 2023
Charity no
(if any)
304106
Set out on pages
1 to15
I report to the trustees on my examination of the accounts of the above
charity ("the Trust") for the year ended
Responsibilities and
basis of report
As the charity's trustees, 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 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 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 (other than that
disclosed below ") which gives me cause to believe that in, any material
respect..
the accounting records were not kept 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
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.
Please delete the words in the brackets if they do not apply.
Signed:
Date:
Name:
Robert Kendall
Relevant professional
qualification(sl or body
FCCA
IER
Oct 2018

(if any):
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).
Give here brief details of
any items that the
examiner wishes to
disclose.
IER
Oct 2018

'NAITON VILLAGE HALL IQJECNS HALLI
.h4riYV NIJ
304106
Annual accounts for the
eriod
CC17a
Period end
date
Period start dale
0110112023
To
3111212023
Section A
Statement of financial activities
Restricted
income
funds
Recommended
categories by activity
Details of own
analysis
Unrestricted
funds
Endowment Total this
funds
year
Total last
year
Incoming resources (Note 3)
F01
F02
F03
F04
F05
Incoming resources frorn
generated funds
Voluntary income
S01
2,667
Activities for generating funds
S02
41,679
41,679
28,195
Investment income
S03
446
446
32
In¢oming resources from
charitsble activities
S04
Other incoming resources
S05
Total incoming resources s06
Resources expended (Notes 4-8)
42,125
42,125
30,894
Costs of Generating Funds
Costs of generating voluntary
income
45,447
45,447
28,134
S07
Fundraising trading costs
S08
Inve51menl management Costs
S09
Charitable activities
S10
Governance costs
S11
492
492
285
Other resources expended
S12
Total resources expended s13
Net incoming/(outgoing) resources before
transfers s14
45,939
45,939
28,419
(3,814)
(3,814)
2,475
Gross transfers between funds
S15
Net incoming/(outgoingJ resources before
other recognised gains/(losses) S16
3,814
3,814
2,475
Other recognised gainslllosses)
Gains and losses on revaluation of fixed assets
for the charity's own use
Gains and losses on investment assets
S17
S18
Net movement in funds s19
Total funds brought forward
Total funds carried fonvard s21
3,814
223,826
3,814
223,826
2,475
221,351
S20
220,012
220,012
223.826
CC17a (Excell
2511112024

Section B
Balance sheet
Restricted
Income
funds
Unrestricted
funds
Endowment Total this
lunds
year
Total last
year
Fixed assets
Tangible assets
F01
158,418
F02
F03
F04
158,418
F05
149,039
(Note 9)
B01
802
Investments
{Note 10)
Total fixed assets
B03
B04
158,418
15
,418
149,039
Current assets
Stock and work in progress
Debtors
(Note 11)
(Short term) investments
Cash at bank and in hand
Total current assets
805
1,864
3,350
1,864
3,350
1,500
3,463
B06
B07
B08
58,472
63,686
58,472
63,686
70,713
75,676
BOQ
Creditors: amounts falling due within
one year
(Note 12)
B10
2,092
2,092
889
Net current assets/(liabilities)
B11
61,594
61,594
74,787
Total assets less current liabilities
812
223,826
Creditors: amounts falling due after
one year
(Note 12)
B13
Provisions for liabilities and charges
814
Net assets
815
220,012
22
,012
223,826
Funds of the Charity
Unrestricted funds
B36
223,826
3,814
223,826
3,814
221,351
2,475
B17
Restricted income funds {Not8 13)
Endowment funds (Note 13)
B18
B19
Total funds
B20
220,012
220,012
223,826
Signed by one or two trustees on behalf of all
the trustees
Date of
roval
Signature
Print Name
MRIX
CC17a (Excell
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Section C
Notes to the accounts
Note 1
Basis of preparation
This section should be completed by all charities .
1.1 Basis of accounting
These accounts have been prepared on the basis of historic cost (except that investments are shown at market
value) in accordance with:
Accounting and Reporting by Charities- Statement of Recommended Practice (SORP 2005).
and with.
Accounting Standards.,
Financial Reporting Standards for Smaller Enterprises {FRSSE}',
or
and with the Charities Act.
exce
t for the followin
Give details in this box if a different standard has been followed.
-Tick as appropriate..
if all relevant disclosures shown in the pack have been given then please tick "Accounting Standards";
if disclosures completed in these accounts have been restricted to those required by the FRSSE, then please tick
'Financial Reporting Standards for Smaller Enterprises (FRSSE)..
If no departures from the chosen standards have been made then delete these words,. otherwise give details of any changes
in the boxes.
1.2 Change in basis of accounting
There has been no change to the accounting policies (valuation rules and methods of accounting) since last year (S
except for the following).
Give details in this box of any material changes that have been made.
{ if no changes have been made to accounting policies Ihen delete 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 if no changes have been made to accounts for previous periods then delete these words.
CC17a (Excell
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Section C
Notes to the accounts
Icont)
Note 2
Accounting policies
This standard list of accounting policies has been applied by the charity except for those deleted. Where a dlfferent or
additionalpolicy has been adopt@d thèn this is detailed in the box below.
INCOMING RESOURCES
Rg¢ognition of incoming
resources
These are included in the Slalemenl of Financial Activities ISOFAI when..
the charity becomes entitled lo the resources,
the Iruslees are virtually certain they w111 receive the resources.. and
the monetary value can be measured with suff1cienl reliability.
Where incoming resources have related expenditure las with fundraising or contract income)
the incoming resources and related expenditure are reported gross in the SOFA.
Grants and donations are only inclLsded in the SOFA when the charity has unconditional
enlillement to the resources.
Incorning resources with
relatèd expenditure
Grants and donations
Tax reclaims on donations
and gifts
Contractual income and
performance related grants
Incoming resour￿5 from tax reclaims afe induded in the SOFA at the same time as the gift lo
which they relate
This is only included in the SOFA once the related good5 or ServI￿S have been delivered.
Gifts in kind
Gifts in kind are accounted for al a reasonable estimate of their value lo the charity or the
amount actually realised.
Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or
distributed by the charity.
Gifts in kind for use by the charity are included in the SOFA as incoming resources when
receivable.
These are only included in incoming resources {wilh an equivalent amount in resources
expended) where the benefit lo the charity Is reasonably quantifiable, measurable and material.
The value pla￿d on these resources is the eslimaled value to the Charity of the service or
facility received.
The value of any voluntary help received is not included in the accounts bul is described in the
trusteès, annLsal report.
Donated Sorviees and
laciltties
Voluntser help
Investment income
This is included in the accounts when re￿1vable
Investment gains and losses This includes any gain or loss on the sale of investrments and any gain or loss resulting from
revaluing investments lo market value al the end of the year.
EXPENDITURE AND LIABILITIES
Liability recognition
Liabilities a￿ recognised as soon as there is a legal or constructive obligation committing the
charity lo pay out resources.
Include costs of the preparation and examination of stalulory accounts, the costs of Iruslee
meetings and cost of any legal advice lo Iruslees on governance or conslitulional mallers.
Where the charity gives a grant with conditions for ils payment being a specific level of service
or output to be provided, such grants are only recognised in the SOFA once the recipient of the
grant has provided the speufied service or output.
These are only recognised in the ac¢ounts when a commitment has been made and there are
no Conditions to be mel relating lo the grant which Temain in the control of the charity.
Support cos15 Include central functions and have been allocated to activity cost categories on a
basis consistent with the use of resources. eg allocating property costs by floor areas. or per
capila, staft costs by the time spent and other costs by their usage.
Governance costs
Grants with pèrformance
conditions
Grants payable without
perfomian¢e conditions
Support Costs
ASSETS
Tangible fixed assets for use These are capitalised if they can be u$ed for more than one year, and cost at least £500. They
by charity
are valued al cost or a reasonable value on receipt.
Investrnents
Investments quoted on a recognised stock exchange are valued al market value at the year
end. Other investment assets are included al Iruslees, best estimate of market value.
Stocks and work in progress These are valued al the lower of cost or mat*et value.
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM THOSE
ABOVE
CC17a (EX￿1)
2511112024

Section C
Notes to the accounts
(cont)
Note 3
Analysis of incoming resources
Incoming resources may be further analysed if this would help the reader of the accounts.
This year
Last year
Analysis
Voluntary income
DONATIONS
GRANT
2,667
Totsl
2,667
Activities for generating
funds
HIRE OF HALL
BAR TAKINGS
MISCELLANEOUS
21,485
19,641
553
17,901
10,294
Totsl
41,679
28,195
Investment income
INTEREST
446
32
Total
446
32
Incoming resources from
charitable activities
Total
CC17a (Excel)
2511112024

Section C
Notes to the accounts
(cont)
Note 4
Analysis of resources expended
Resources expended may be further analysed if this would help the reader of the accounts.
This year
Last year
Analysis
Costs of generating
voluntsry income
BAR COSTS
REPAIRS AND MAINTENANCE
UTILITIES, CARETAKER, CLEANING, PHONE
INSURANCE AND LICENCES
DEPRECIATION, LOSS ON FIXED ASSETS
16,742
8,589
14,609
2,286
3,221
45,447
7,043
2,984
12,846
2,291
2,970
28,134
Total
Fundraising trading
costs
Total
Investment
management costs
Total
Charitable activities
Total
Governance costs
GENERAL MANAGEMENT
492
285
Total
492
285
CC17a {Excel)
2511112024

Section C
Notes to the accounts
(cont)
Note 5
Support Costs
Please complete this note if the charity has analysed its expenses using activity categories and has
support costs.
Fundraising activity
Charitable Activity
Governance Activity
Total Cost
Su
ort cost
Total
Note 6
Details of certain items of expenditure
6.1 Trustee expenses
Please provide details of the amount of any payment or reimbursement of out-of-pocket expenses made to
trustees or to third parties for expenses incurred by trustees. If no expenses were paid,
please enter 'None' in the appropriate box(es).
This year
Last year
Number of trustees who were paid expenses
Nature of the expenses
Total amount paid
6.2 Fees for examination or audit of the accounts
Please provide details of the amount paid for any statutory external scrutiny of accounts and other
services pmvided by your independent examiner or auditor. If nothing was paid please enter NONE in the
appropriate box(es).
Last year
This year
Independent examiner's or auditors. fees for reporting on the
accounts
Other fees (for example: advice, consultancy, accountsncy
services) paid to the independent examiner or auditor
204
180
108
105
CC17a (Excel)
2511112024

Section C
Notes to the accounts
(cont)
Note 7
Paid employees
Please complete this note if the charity has any employees.
7.1 Staff Costs
This year
Last year
Gross wages, salaries and benefits in kind
Employer's National Insurance costs
Pension costs
4,800
4,985
Total staff costs
4,800
4,985
7.2 Average number of full-time equivalent employees in the year
The parts of the charity in which the
employees work
This year
Number
Last year
Number
Total
7.3 Defined contribution pension scheme
Please complete if a defined contribution
Brief details of the scheme
ension scheme is o
erated.
This year
Last year
The costs of the scheme to the charity for the year
The amount of any contributions outstanding at the year end
The amount of any contributions prepaid at the year end
CC17a (Excel}
2511112024

Section C
Notes to the accounts
(cont)
Note 8
Grantmaking
Please complete this note if the charity made any grants or donations which in aggregate fom7 a material
part of the charitable activities undertaken.
8.1 Total value of grants
Grants to
institutions
Total amount £
Grants to
individuals
Total amount £
Purpose for which grants made
Total
8.1 Grantmaking costs
If the charity's accounts are prepared on the "activity basis" please give details of any support cost
associated with grantmaking. Please enter "Nil" if the charity 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 provide a reasonable understanding of the range of
institutions su
orted.
Total amount of
grants paid £
Names of institutions
Purpose
Total grants to institutions
CC17a {Excel)
2511112024

Section C
Notes to the accounts
{cont)
Note 9
Tangible fixed assets
Please complete this note if the charity has any tangible fixed assets
9.1 Cost or valuation
Freehold land
& buildings
other land &
buildings
P5ant,
machinery
and motor
vehicles
Fixtures,
fittings and
equipment
Payments on
account and
assets under
construction
Total
Balance brought
fomard
Additions
171,817
85,400
257,217
12,600
12.600
Revaluations
Disposals
Transfers .
Balance carried
forward
184,417
85,400
269,817
9.2 Accumulated depreciation and impairment provisions
SLorRB
SLorRB
SLorRB
"Basis
SLorRB
SLorRB
Rate
Balance brought
forward
Depreciation charge
for year
Impairment provisions
32,100
76,078
108,178
1,823
1,398
3,221
Revaluations
Disposals
Transfers.
Balance carried
forward
33,923
77,476
111,399
9.3 Net book value
Brought forward
Carried fotward
139,717
150,494
9,322
7,924
149,039
158,418
9.4 Revaluation
ff any fixed assets have been revalued please giv8 details of the valuer and method of valuation
The 'Yransfers" row is for movements between fixed asset Gategories.
Please indicate the method of depreciation by deleting the method not applicable (SL - straight line," RB -
reducing balance). Also please indicate the rate of depreciation.. for straight line, what is the anticipated life of the
asset (in years),. for reducing balance. what is the percentage annual deduction.
CC17a (Excel)
10
2511112024

Section C
Notes to the accounts
(cont}
Note10
Investment assets
Please complete this note if the charity has any investment assets.
10.1 Fixed assets investments
Carrying (market) value at beginning of year
Add: additions to investments at cost
Less: disposals at carrying value
Addl(deduct): net gainl{loss) on revaluation
Carrying (market) value at end of year
Please pmvide below..
10.2 A breakdown of the market values of investments shown above agreeing with the balance sheet
row BO3.
10.3 A breakdown of the income from investments agreeing with SOFA row SO3.
10.2
Market value at
year end
Analysis of investments
10.3
Income from
investments for
the year
Investment properties
Investments listed on a recognised stock exchange or held in common
investment funds, open ended investment companies, unit trusts or other
collective investment schemes
Investments in subsidiary or connected undertakings and companies
Securities not listed on a recognised Stock Exchange
Cash held as part of the investment portfolio
Other investments
Total
10.4 Material investment holdings
If any single investment is material in terms of its value (for example represents more than 5 per cent of the
value of the charity's total investments) please provide details.
Investment held
Market Value
CC17a {Excel)
2511112024

Section C
Notes to the accounts
(cont)
Note11
Debtors and prepayments
Please complete this note if the charity has any debtors or
ments.
Analysis of debtors
Amounts falling due
within one year
This year
Last year
Amounts falling due after
more than one year
This year
Last year
Trade debtors
Amounts due from subsidiary and associated
undertakings
Other debtors
Prepayments and accrued income
656
1,026
1,227
1,467
3,350
1,163
1,274
3,463
Total
Note 12
Creditors and accruals
Please complete this note if the charity has any creditors or accruals.
12.1 Analysis of creditors
Amounts falling due
within one year
This year
Last year
Amounts falling due after
more than one year
This year
Last year
Loans and overdrafts
Trade creditors
Amounts due to subsidiary and associated
undertakings
Other creditors
1,474
342
618
547
Accruals and deferred income
Totsl
,092
889
12.2 Security over assets
If any loan, overdraft or other creditor holds a charge or other security over any assets of the charity
please pmvide details.
CC17a (Excel)
12
2511112024

Section C
Notes to the accounts
(cont)
Note13
Endowment and restricted income funds
Please complete this section if the charity has any endowment or restricted income funds.
13.1 Funds held
Please give a brief description of any of the following type of funds held by the charity:
permanent endowment funds (PE);
expendable endowment funds (EE); and
restricted income funds, including special trusts, of the charity (R).
Fund Name
Type PE. EE
orR
Purpose and Restrictions
13.2 Movements of major funds
Please give details of the movements of the major funds summarised in the restricted and endowment
columns of the Statement of Financial Activities.
Fund
balances
brought
forward
Fund
balances
carried
forward
Incoming
resources
Outgoing
resources
Gains and
losses
Transfers
Fund names
Total Funds
13.3 Transfers between funds
Please give details of any transfers between funds.
From Fund (Name)
To Fund (Name)
Reason
Amount
CC17a (Excel)
13
2511112024

Section C
Notes to the accounts
(cont)
Note 14
Transactions with related parties
If the charity has any transactions with related parties (other than the trustee expenses explained in note
6) details of such transactions should be provided in this note. If there are no transactions to report,
please enter "None" in the relevant boxes.
14.1 Remuneration and benefits
Please give the amount of, and legal authority for. any remuneration or other benefits paid to a trustee or
other related parties by the charity or any institution or company connected with it.
Amounts paid or benefit value
Namè of trustee or connected party
Legal authority {eg order,
governing document)
This year
Last year
14.2 Loans
Please give details of and amounts owing to or from the charity's trustees or other related parties by the
charity at the year end.
Amount owing
This year
Last year
Name of trustee or
connected party
Legal authority
Due to trustees and
related parties
Due from trustees
and related parties
14.3 Other transaction(s) with trustees or related parties
Please give details of any transaction undertaken by (or on behalf ofj the charity in which a trustee or
related party has a material interest.
Relationship to
charity
Name of the trustee
or related party
Description of the
transaction(s
This year
Last year
CC17a (Excel)
14
2511112024

Section C
Notes to the accounts
{cont}
Note 15
Additional Disclosures
The following 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 sheeL
CC17a (Excell
15
2511112024