## **2024 Report of Shipton-under-Wychwood Recreational Field and Village Hall Charity   No 304363** 

In 2024 our working relationship with the Parish Council returned to its previous excellent level which is very welcome.  An essential element in our financial stability is the annual grant given to the Hall by the Parish Council and we would like to thank the Councillors for their continued support each year.  We give the Day Centre a 30% reduction in the hall hire fees and this is enabled by the PC grant.   In 2023 we increased our charges by 5%, half the rate of inflation, this was our first increase in 4 years. 

In Nov 2023 a car ran into the building doing significant damage to the end wall.  The building was still useable, so it was decided to leave the repair work until the summer of 2024 which is a quiet period for the Hall.  The majority of the work was completed quickly, but the builder has been very slow in completing the finishing touches.  Equally the insurance company has been very slow in paying for our losses and that battle is still ongoing 

We had no major outlays for maintenance in 2023 but continued with fitting LED lighting units through the Hall to reduce our energy costs and thereby our greenhouse gas emissions. 

The Bumblefoot Rock Project, managed by Lee Wyatt-Buchan , has had another successful year.  He lost 2 of his parttime teaching staff in 2023 and has been unable to replace them.  Now working on slightly reduced lessons it is still providing a service to the community and an income to the Hall. 

The Hall usage has been excellent throughout the year, with normal day to day activities, an increase in evening functions including the Wychwood Players and the BODS and weekend children’s parties.  So we are in a strong position going into 2025. 

Chris Fitzpatrick 

Chairman 



THE SHIPTON UNDER WYCHWOOD RECREATION FIELD & VILLAGE HALL CHARITY 

Registered as a Charity: Number 304363 

ACCOUNTS FOR THE YEAR TO 31 DECEMBER 2024 

## INDEX TO THE ACCOUNTS 

## Schedule 

1 Balance Sheet as at 31 December 2024 

2 Income and Expenditure Account for the year ended 31 December 2024 

3 Fixed Assets 

4 Investments 

Accounts prepared by Nick Bowman 



## **THE SHIPTON UNDER WYCHWOOD RECREATION FIELD & VILLAGE HALL CHARITY** 

## **Income & Expenditure account** 

## **For the year ended 31 December 2024** 

|||2024||2023|
|---|---|---|---|---|
|Income|||||
|Fitness Room||6954||6955|
|Hall Hiring||30669||26652|
|Committee Room||4193||3007|
|Rent Receivable-Tennis Courts||3500||2600|
|Parish Council Contributions-Subsidy||2600||2600|
|Rock School Income||34744||47821|
|Rock school donation received||5000||0|
|Key Fobs||40||100|
|Field||2793||2032|
|Investment income||13175||11635|
|Oxon comm Found OCF C Bess grant||0||1500|
|||--------------||---------------|
|TOTAL Income||103668||104902|
|Expenditure|||||
|Salaries|23810||20644||
|Cleaning|6105||6330||
|Rock School Expenses|23310||39548||
|Sports Equipment Maintenance|967||554||
|Fitness Room Entry cards|288||773||
|Pickleball coach|0||640||
|Maintenance|5834||28230||
|Rates|294||398||
|Insurance|2611||2116||
|Light & Heat|10429||10745||
|Telephone & internet|735||922||
|Water|1700||957||
|Stationery Postage|0||102||
|Miscellaneous Expenses|690||992||
|Performing Rights License|309||269||
|Computer & website|189||0||
|Depreciation|5055||4217||
|Loss on scrapping recreation field equipment|0||571||
||-----------------||--------------||
|TOTAL Expenditure||82325||118008|
|||--------------||---------------|
|Surplus for the year||21343||-13106|
|Profit on sale of investments||29393||0|
|||--------------||---------------|
|Surplus after profit on sale of investments||50736||-13106|
|Unrestricted funds brought forward||839524||852629|
|||--------------||---------------|
|Unrestricted fund carried forward||890260||839524|
|||--------------||---------------|





## **THE SHIPTON UNDER WYCHWOOD RECREATION FIELD & VILLAGE HALL CHARITY** 

## **Balance Sheet** 

## **As at 31 December 2024** 

|**As at 31 December 2024**|||||||
|---|---|---|---|---|---|---|
||Schedule|||2024||2023|
||Ref||||||
|FIXED ASSETS||1||569723||564969|
|INVESTMENTS AT COST||2||264844||212730|
|Debtors|||3028||1326||
|Bank and Cash|||60167||69283||
||||-------------------||--------------||
||||63195||70609||
||||-------------------||--------------||
|Creditors|||7502||8784||
||||-------------------||--------------||
|CURRENT ASSETS||||55693||61825|
|||||-----------------||---------------|
|TOTAL NET ASSETS||||890260||839524|
|||||-----------------||---------------|
|FINANCED BY|||||||
|Restricted Funds||||0||0|
|Unrestricted Funds||||890260||839524|
|||||-----------------||---------------|
|TOTAL CHARITABLE FUNDS||||890260||839524|
|||||-----------------||---------------|





## THE SHIPTON UNDER WYCHWOOD RECREATION FIELD & VILLAGE HALL CHARITY 

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 

## Fixed Assets 

|||Freehold|Village Hall, C|Furniture|Sports|Stage equ|Rock|TOTAL|
|---|---|---|---|---|---|---|---|---|
|||Land||and fittings|equipment|Fittings|School||
||||||||Equipment||
|||---------------|-------------------|-----------------|--------------|--------------|---------------|--------------|
|Cost as at 1 January 2024||1|541024|108323|36233|25192|14587|725359|
|Additions in Year||0|0|999|0|0|8810|9809|
|||---------------|-------------------|-----------------|--------------|--------------|---------------|--------------|
|Cost as at 31 December 2024||1|541024|109322|36233|25192|23397|735168|
|||---------------|-------------------|-----------------|--------------|--------------|---------------|--------------|
|Depreciation as at 1 January 2024||0|0|98113|29885|24645|7747|160390|
|Depreciation for year||0|0|1674|952|82|2347|5055|
|||---------------|-------------------|-----------------|--------------|--------------|---------------|--------------|
|Depreciation as at 31 December 2024||0|0|99787|30837|24727|10094|165445|
|||---------------|-------------------|-----------------|--------------|--------------|---------------|--------------|
|Net Book Value 31 December 2024||1|541024|9535|5396|465|13303|569723|
|||---------------|-------------------|-----------------|--------------|--------------|---------------|--------------|
|Net Book Value 31 December 2023||1|541024|10210|6348|547|6840|564969|
|||---------------|-------------------|-----------------|--------------|--------------|---------------|--------------|
|Investments at Cost|||||||||
||2024|||2024|||2023|2023|
||MV||Cost b/fwd|Additions|Sales|Cost c/fwd|MV|Cost|
|Common Investment Funds|||||||||
|COIF Charities Investment|||10000||0|10000||10000|
|COIF A/c 970390001T|||60000||0|60000||60000|
||---------------||-------------------|-----------------|--------------|--------------|---------------|--------------|
|COIF|144923||70000||0|70000|141721|70000|
|CAF Equity Growth Fund|||25739||-25739|0|40109|25739|
|M&G Charifund|49707||116991|25000|-93172|48819|121657|116991|
|M & G Charity Multi Asset Fund|50587|||51584||51584|||
|M & G Charibond|50407|||51585||51585|||
|CAF Income & Growth Fund Inc|44714|||42856||42856|||
||---------------||-------------------|-----------------|--------------|--------------|---------------|--------------|
|TOTAL INVESTMENTS|340338||212730|171025|-118911|264844|303487|212730|
||---------------||-------------------|-----------------|--------------|--------------|---------------|--------------|





**Independent examiner's report on the accounts** 

## **Section A                        Independent Examiner’s Report** 

**Report to the trustees/** Charity Name **members of** The Shipton under Wychwood Recreation Field and Village Hall Charity 

**On accounts for the year** 31 December 2024 **Charity no** 304363 **ended (if any) Set out on pages** 1 to 4 ) 

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2024 

**Responsibilities and** As the charity trustees, you are responsible for the preparation of the **basis of report** accounts in accordance 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. 

**Signed:** 

**Date:** 25/02/2025 

**Name:** CHRISTOPHER RAYMOND BIRD ~~Pe~~ **Relevant professional** B.Econ, CPA **qualification(s) or body (if any): Address:** Fiddlers Cottage, Upper End Shipton under Wychwood Oxfordshire, OX7 6DP 

1 



## **THE SHIPTON UNDER WYCHWOOD RECREATION FIELD & VILLAGE HALL CHARITY** 

## **Income & Expenditure account** 

## **For the year ended 31 December 2024** 

|||**2024**||**2023**|
|---|---|---|---|---|
|Income|||||
|Fitness Room||6,954||6,955|
|Hall Hiring||30,669||26,652|
|Committee Room||4,193||3,007|
|Rent Receivable-Tennis Courts||3,500||2,600|
|Parish Council Contributions-Subsidy||2,600||2,600|
|Rock School Income||34,744||47,821|
|Rock school donation received||5,000||0|
|Key Fobs||40||100|
|Field||2,793||2,032|
|Investment income||13,175||11,635|
|Oxon comm Found OCF C Bess grant||0||1,500|
|||----------------------||------------------|
|TOTAL Income||103,668||104,902|
|Expenditure|||||
|Salaries|23,810||20,644||
|Cleaning|6,105||6,330||
|Rock School Expenses|23,310||39,548||
|Sports Equipment Maintenance|967||554||
|Fitness Room Entry cards|288||773||
|Pickleball coach|0||640||
|Maintenance|5,834||28,230||
|Rates|294||398||
|Insurance|2,611||2,116||
|Light & Heat|10,429||10,745||
|Telephone & internet|735||922||
|Water|1,700||957||
|Stationery Postage|0||102||
|Miscellaneous Expenses|690||992||
|Performing Rights License|309||269||
|Computer & website|189||0||
|Depreciation|5,055||4,217||
|Loss on scrapping recreation field equipment|0||571||
||-------------------||--------------------||
|TOTAL Expenditure||82,325||118,008|
|||----------------------||------------------|
|Surplus for the year||21,343||(13,106)|
|Profit on sale of investments||29,393||0|
|||----------------------||------------------|
|Surplus after profit on sale of investments||50,736||(13,106)|
|Unrestricted funds brought forward||839,524||852,629|
|||----------------------||------------------|
|Unrestricted fund carried forward||890,260||839,524|
|||----------------------||------------------|



2 



## **THE SHIPTON UNDER WYCHWOOD RECREATION FIELD & VILLAGE HALL CHARITY** 

## **Balance Sheet** 

|**As at 31 December 2024**|||||
|---|---|---|---|---|
|||**2024**||**2023**|
|FIXED ASSETS||569,723||564,969|
|INVESTMENTS AT COST||264,844||212,730|
|Debtors|3,028||1,326||
|Bank and Cash|60,167||69,283||
||-------------------||------------------||
||63,195||70,609||
||-------------------||------------------||
|Creditors|7,502||8,784||
||-------------------||------------------||
|CURRENT ASSETS||55,693||61,825|
|||----------------------||-----------------|
|TOTAL NET ASSETS||890,260||839,524|
|||----------------------||-----------------|
|FINANCED BY|||||
|Restricted Funds||0||0|
|Unrestricted Funds||890,260||839,524|
|||----------------------||-----------------|
|TOTAL CHARITABLE FUNDS||890,260||839,524|
|||----------------------||-----------------|



3 



THE SHIPTON UNDER WYCHWOOD RECREATION FIELD & VILLAGE HALL CHARITY (NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024) 

|Fixed Assets||Freehold|Village Hall &|Furniture|Sports|Stage equ|Rock|TOTAL||
|---|---|---|---|---|---|---|---|---|---|
|||Land|Car Parks|and fittings|equipment|Fittings|School|||
|||-------------------|----------------------|--------------------|------------------|-----------------|-------------------|-----------------||
|Cost as at 1 January 2024||1|541,024|108,323|36,233|25,192|14,587|725,359||
|Additions in Year||0|0|999|0|0|8,810|9,809||
|||-------------------|----------------------|--------------------|------------------|-----------------|-------------------|-----------------||
|Cost as at 31 December 2024||1|541,024|109,322|36,233|25,192|23,397|735,168||
|||-------------------|----------------------|--------------------|------------------|-----------------|-------------------|-----------------||
|Depreciation as at 1 January 2024||0|0|98,113|29,885|24,645|7,747|160,390||
|Depreciation for year||0|0|1,674|952|82|2,347|5,055||
|||-------------------|----------------------|--------------------|------------------|-----------------|-------------------|-----------------||
|Depreciation as at 31 December 2024||0|0|99,787|30,837|24,727|10,094|165,445||
|||-------------------|----------------------|--------------------|------------------|-----------------|-------------------|-----------------||
|Net Book Value 31 December 2024||1|541,024|9,535|5,396|465|13,303|569,723||
|||-------------------|----------------------|--------------------|------------------|-----------------|-------------------|-----------------||
|Net Book Value 31 December 2023||1|541,024|10,210|6,348|547|6,840|564,969||
|||-------------------|----------------------|--------------------|------------------|-----------------|-------------------|-----------------||
|Investments at Cost||||||||||
||**2024**|||**2024**||||**2023**|**2023**|
||MV||Cost b/fwd|Additions|Sales|Cost c/fwd||MV|Cost|
|Common Investment Funds||||||||||
|COIF Charities Investment|||10,000||0|10,000|||10,000|
|COIF A/c 970390001T|||60,000||0|60,000|||60,000|
||------------------||----------------------|--------------------|------------------|-----------------||-----------------|-----------------|
|COIF|144,923||70,000||0|70,000||141,721|70,000|
|CAF Equity Growth Fund|||25,739||(25,739)|0||40,109|25,739|
|M&G Charifund|49,707||116,991|25,000|(93,172)|48,819||121,657|116,991|
|M & G Charity Multi Asset Fund|50,587|||51,584||51,584||||
|M & G Charibond|50,407|||51,585||51,585||||
|CAF Income & Growth Fund Inc|44,714|||42,856||42,856||||
||------------------||----------------------|--------------------|------------------|-----------------||-----------------|-----------------|
|TOTAL INVESTMENTS|340,338||212,730|171,025|(118,911)|264,844||303,487|212,730|
||------------------||----------------------|--------------------|------------------|-----------------||-----------------|-----------------|



4