## **2023 Report of Shipton-under-Wychwood Recreational Field and Village Hall Charity No 304363** This has been quite a challenging year for the Charity on many fronts. In November 2022 a car hit the building damaging the wall and the emergency exit. The repair work was delayed until the end of July 2023 at our request because that was a quiet time of the year and it would have less effect on our clients. The main building work took 2 weeks but the emergency exit/windows failed to arrive and were fitted later and not to our satisfaction. Finally, agreement has been reached and the work should be completed soon. However, in November 2023, unbelievably, another car hit the building and has again done significant damage. The Hall is still operable, and we are awaiting building consultants decision on how to effect a repair. This work will probably take 3 weeks and we are hoping on having it done starting the end of July 2024. With The hall closed for 2 weeks for the building work, in summer 2023, we took the decision to instal a destratification fan, as recommended in an energy saving report carried out by Oxford Brookes University. This was to recirculate the hot air from the roof to floor level. This was tro make the Hall feel warmer, reduce our fuel bills and thereby reduce our greenhouse gas emissions. Unfortunately, it hasn’t been a total success as the fan is noisier than we expected. Also, with the Hall closed we had all the roof Velux windows replaced at a cost of £24,000. This was a major hit on our finances but considered necessary to maintain the Hall at its present high standard. Finally with the Hall closed, we updated all the Hall roof lighting to LED, again reduce our energy costs and thereby our greenhouse gas emissions. The Bumblefoot Rock Project, managed by Lee, has had a very successful year and is now back at precovid levels. An essential element in our financial stability is the annual subsidy given to the Hall by the Parish Council. I would like to thank the Councillors for their continued support each year. We kept our prices the same for the third year running and we used the PC subsidy to help finance that. However, in other areas our relationship with the PC has been more difficult. The PC is the Custodian Trustee of the Charity and for the first time has started to try and involve itself in the management of the Charity. This situation is hoped to be resolved in 2024. Chris Fitzpatrick Chairman THE SHIPTON UNDER WYCHWOOD RECREATION FIELD & VILLAGE HALL CHARITY Income & Expenditure account For the year ended 31 December 2023 Income Fitness Room Hall Hiring Committee Room Rent Receivable-Tennis Courts Parish Council Contributions-subsidy Rock School Income Key Fobs Field Investment income WODC- coronavirus grant Oxon comm Found OCF C Bess grant TOTAL Income 2023 6,955 26,652 3,007 2,600 2,600 47,821 100 2,032 11,635 2022 3,966 24,819 3,793 1,480 2,600 42,194 30 2,410 10,913 750 1,500 104,902 92,955 Expenditure Salaries Cleaning Rock School Expenses Sports Equipmenl Maintenance Fitness Room Enty cards Pickleball coach Maintenance Rates Insurance Light& Heat Telephone & internet Water Stationery Postage Miscellaneous Expenses Performing Rights License Computer & websile Depreciation Loss on scrapping recreation field equipment TOTAL Expenditure 20,644 6,330 39,547 554 773 640 28,230 398 2,116 10,745 922 957 102 992 269 19,214 5,495 37,538 1,080 290 120 4,740 635 1,926 8,034 750 525 211 273 616 171 4,713 4,217 571 118,007 86,331 Deficitl Surplus for the year Unrestricted ftjnds brought forward (13,105) 852,629 6,624 846,005 Unrestricted fund carried forward 839.524 852,629 THE SHIPTON UNDER WYCHWOOD RECREATION FIELD & VILLAGE HALL CHARITY Balance Sheet As at 31 December 2023 2023 2022 Note FIXED ASSETS INVESTMENTS Debtors Bank and Cash 564,969 212,730 567,773 212,730 1 ,326 69,283 70.609 1,252 77,978 79.230 Creditors 8,784 7,104 CURRENT ASSETS 61.825 72,126 TOTAL NET ASSETS FINANCED BY Restricted Funds U nrestricted Funds 839,524 852,629 839,524 852,629 TOTAL CHARITABLE FUNDS 839,524 852,629 THE SHIPTON UNDER WYCHWOOD RECREATION FIELD & VILLAGE HALL CHARI NOTESTO THEACCOUNTS FOR THE YEAR ENDED 31 DECEAIBER X FIXED ASSETS Village Hall Furniture & Equipment Equipment Equipment Equipment TOTAL Fixtures Sports Stage Field RockS¢hool Cost al l January 2023 Additions in year Scrapped in year Cost al 31 December 2023 1 541,024 107,4¥3 900 36,233 25,192 28,299 13,502 1.085 751,673 1.985 28,299 725 359 28,299 108 323 Depreciation at ! January 2023 Depreciation for year Depreciation scrapped items Depreciation at 31 December 2023 96.320 1,793 28.765 1,120 24.548 97 27.728 6.540 1,207 183.901 4,217 27,728 98.113 29.885 24.645 160390 Net book values 31 December 2023 Net book values 31 December 2022 541,024 541,024 10,210 11.103 6,348 7,468 547 6,840 6.963 564,969 567,773 571 INVESTMENTS AT COST 2023 MV 2023 Cost blf 2023 Addft￿ns 2023 Sa￿s 2023 Cost clf 2022 MV 2022 COST COIF Charf(ies Investment COIF AJC 97039Tr)01 T COIF 10,OtKJ 60,000 70.000 10,000 60.000 70.000 10,000 60,000 70.000 141.721 129.612 CAF Equty Growth Fund M&G Charifund 40,109 121,657 25.739 116.991 25.739 116.991 41.257 124.584 25,739 116,991 TOTAL INVESTMENTS 303.487 212.730 212.730 295.453 212.730 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 The Shipton under Wychwood Recreation Field and Village Hall Charity On accounts for the year ended 31 December 2023 Charity no (if any) 304363 Set out on pages 1to4 I report to the trustees on my examination of the accounts of the above charity (Ihe Trust") for the year ended 3111212023 Responsibilities and As the charity trustees. you are responsible for the preparation of the basis of report accounts in accordan￿ with 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 which gives me cause to believe that in. any material respect, 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. Date: Signed: IEL-J 2110312024 Name: CHRISTOPHER FIAYMOND BIRD Relevant professional qualification{s) or body (if any): B.Econ. CPA Address: Fiddlers Cottage. Upper End Shipton under Wychwood Oxfordshire, OX7 6DP