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2023-12-31-accounts

BISHOPS LYDEARD VILLAGE HALL AND PLAYING FIELD TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

Registered Charity No: 304488

BISHOPS LYDEARD VILLAGE HALL AND PLAYING FIELD TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

CONTENTS

Reference and administration details
Trustees’ report
Independent examiner’s report
Statement of financial activities
Balance sheet
Notes to the accounts		 Page
1
2 – 6
7
8
9
10 – 16

BISHOPS LYDEARD VILLAGE HALL AND PLAYING FIELD REFERENCE AND ADMINSTRATION DETAILS FOR THE YEAR ENDED 31 DECEMBER 2023

Trustees Elected

Co-opted

User group representatives

Independent examiner

Contact address

Charities registration number

R Peacocke (Vice-Chairman) W Bull B Elgin A Pattemore C Donnelly C G Dance C R Dance E Hayes D Winter J Parkman A Ball (Chairman) G Allen (Treasurer) B Hilkene R Sillett M Evens Michelle Ferris BSc (Hons) FCA DChA Albert Goodman LLP Chartered Accountants Goodwood House Blackbrook Park Avenue Taunton Somerset TA1 2PX The Old Post Office Gore Square Bishops Lydeard Taunton Somerset TA4 3BW

304488

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BISHOPS LYDEARD VILLAGE HALL AND PLAYING FIELD TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023

The Trustees present their report and unaudited financial statements of the charity for the year ended 31 December 2023.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity’s governing document and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Reference and administration details

Details of the charity’s trustees, advisors, and other reference and administration details are given on page 1.

Structure, governance and management

Description of the charity’s trusts

Governing document: The charity is constituted as a trust and the governing document is a constitution dated 11[th] February 1986 and amended on 6[th] September 2000. The charity is a registered Charity number 304488.

Custodian Trustees: Bishops Lydeard and Cothelstone Parish Council is Custodian Trustee for the charity in respect of the freehold of Bishops Lydeard Village Hall and surrounding land.

Management: The charity is run by a Management Committee of Trustees made up of a maximum of 8 elected members, 4 co-opted members and up to 12 user group representatives. Elected members are elected at the Annual General Meeting at which all local residents are entitled to attend and vote. Co-opted members are elected by the Management Committee. User Group Representatives are nominated at the Annual General Meeting. Trustees are recruited by way of networking, advertising and word of mouth.

Induction:

New committee members undergo an induction to brief them on their responsibilities under charity law and the business and operation of the charity.

The Trustees who served during the period were:

A Ball (Chairman) R Peacocke (Vice-chairman) G Allen (Treasurer) R Sillett B Hilkene M Evens A Pattemore W Bull B Elgin C Donnelly E Hayes C G Dance C R Dance D Winter J Parkman

Co-opted 01/05/2023 Co-opted 01/05/2023

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BISHOPS LYDEARD VILLAGE HALL AND PLAYING FIELD TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023

Trustees’ consideration of major risks and the system and procedure to manage them: The Trustees have examined the major risks to which the charity is exposed and have adequate insurance in place to mitigate those risks. Gas and electrical systems are inspected at appropriate intervals. Reviews of Health and Safety (including First Aid and fire precautions) are carried out regularly, and the Play Area is inspected annually by an appropriate external body. In addition, the halls are licensed with the local authority for the times and types of usage and for the sale of alcohol.

Objectives and activities

In planning the charity’s activities, the Trustees have kept in mind the Charity Commission’s guidance on public benefit.

The objective of the charity is, in the interests of social welfare, to improve the conditions of life of the inhabitants of the area of benefit without distinction of political, religious or other opinions by the provision of facilities for recreation and other leisure time activities.

The main regular activities during the year included Age UK (Seated exercise), Badminton, Lydeard Stitchers, Short Mat Bowls, Ballet (children), Stagestruck Theatre School (children), Drama (all ages), Friendly Club (over 55’s), Zumba, Karate, Pilates, Table Tennis, Tai Chi, Rainbows (Children), Slimming World, a Baby Sensory group, the Good Neighbours weekly coffee morning, an NHS group for older persons with mental health problems, and Kings Church Quantocks. The Annexe continues in use by Green Days Day Care who provide services for learning disabled adults.

The halls are normally used for social events organised by the Management Committee and are booked by individuals and local groups for presentations, parties, events, meetings, and training sessions.

In the grounds there is a large Play Area with a range of play equipment for children, and a Youth Shelter.

Part of the outside area is leased to the Parish Council which built and manages a Multi-use Games Area.

Grant making policy: The Trustees make no grants.

Achievements and performance

Usage of the halls

Group bookings are now higher than pre-Covid levels, and the number of one-off bookings has recovered.

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BISHOPS LYDEARD VILLAGE HALL AND PLAYING FIELD TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023

Hall and grounds maintenance

As reported in previous years, the Management Committee has put more work out to contract. However, volunteers continue to carry out rubbish collection, some of the non-specialist maintenance and a variety of administration tasks and once more we wish to thank them.

We continue to have sub-committees for detailed work on:

Fundraising

All our normal fundraising events took place (Easter Fair, Easter Prize Bingo, Xmas Prize Bingo and the Xmas Fair), so that our fundraising income was substantially increased.

Fete and Flower Show

The Fete resumed and was another success, being run on the Playing Field while the Flower Show was held in the Village Halls Both events attracting a good crowd.

Prize Draw

The prize draw remained suspended in the aftermath of Covid-19 – it is intended to restart it in 2024.

Hall developments

The main project was the replacement and insulation of the old small hall roof – our thanks go to Awards for All who provided a grant of £10,000 towards the cost – the remaining costs came from the Village Hall Improvement Fund for which we thank all who contributed by attending our various fundraising events

In addition, a range of repairs and improvements were carried out in the year included installation of a light in the centre of the car park, purchase of a wheelchair to accompany the short stairlift up to the stage (the stairlift was kindly donated and installed by Somerset Stairlifts Ltd), and a modern gazebo to replace one of our old marquees.

Communications and publicity

The committee plans to resume publishing and distributing regular newsletters to every house in the village as soon as possible, but has maintained a web site that can be accessed either directly or via the Parish Council web site. You can visit us at www.bishopslydeardvillagehall.co.uk and follow us on Facebook at ‘Bishops Lydeard Village Hall Official Site’

Maynards

There was no change of tenant during the year.

Hallmark scheme

The hall is a member of the Community Council for Somerset’s Hallmark scheme.

Place of Safety

The Village Hall is now registered as a Place of Safety with the Somerset Local Authority Civil Contingency Partnership for use in the event of a major civil incident.

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BISHOPS LYDEARD VILLAGE HALL AND PLAYING FIELD TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023

Financial review

  1. Revenue and cost reporting. Revenue, costs and bank balances are reported at every Village Hall Management Committee (VHMC) meeting.

  2. Hiring rates. Hiring rates are normally reviewed annually with the aim of covering expected normal running costs plus a contingency. In exceptional circumstances rates might be reviewed more frequently. In view of the Covid-19 epidemic the committee decided not to increase hiring rates for 2022

  3. Loans . Policy is not to borrow any money.

  4. Projects for the improvement of the Village Hall and grounds. Projects are approved in advance by the VHMC based on at least 3 quotations for projects totalling over £10,000 and only proceed if grants have been approved for any costs not being covered from available hall funds. For projects between £1,000 and £10,000 2 quotations are required and for any project under £1,000 one quotation is acceptable.

  5. Urgent abnormal expenditure. Costs up to £500 may be approved by any two of the Chair, Vicechair, Treasurer and Secretary. Costs in excess of £500 can be approved by contacting and getting the approval of at least 50% of the VHMC members.

  6. Reserves. For running costs, the charity aims to keep a reserve of 3 months normal costs. For Maynards, the policy is to keep at least 50% of one year’s normal annual income in reserve against maintenance and repair costs, and the costs that arise from changes of tenant. In total, this year’s reserves for running costs and the Maynards property amounts to £12,000 including an addition with the acquisition of the Annexe.

However, at 31 December 2023 the charity’s free reserves were £33,115 (2022: £45,274). Any additional reserves are intended to fund appropriate hall improvement projects in the next year. The Trustees intend to build on these reserves, through fundraising events and grant funding to finance future projects.

  1. Bank balances. Bank balances are monitored monthly. Currently, interest rates are low, and the balances held do not warrant use of interest-bearing accounts; if either of these situations changes, the policy will be reviewed.

  2. Grants. The charity does not make grants to any other bodies.

Threat of major gas and electricity price increases

The Village Hall has some protection in the medium term by reason of the length of current contracts, and providing that the current suppliers remain in business. However, we have set up a project to explore ways of minimising usage, using more efficient equipment, and installing energy creating systems.

However, we cannot exclude the possibility of raising our hiring rates to cover any significant increase in costs.

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BISHOPS LYDEARD VILLAGE HALL AND PLAYING FIELD TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023

Trustees Responsibilities in relation to the Financial Statements

The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the income and expenditure of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed/constitution. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Declaration

The Trustees declare that they have approved the Trustees’ Report above. Signed on behalf of the charity’s trustees:

G Allen Treasurer

Date: 03 July 2024

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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF BISHOPS LYDEARD VILLAGE HALL AND PLAYING FIELD FOR THE YEAR ENDED 31 DECEMBER 2023

I report to the trustees on my examination of the accounts for Bishops Lydeard Village Hall and Playing Field (“the charity”) for the year ended 31 December 2023.

Responsibilities and basis of report

As the charity trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the 2011 Act”).

I report in respect of my examination of the charity’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 2011 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 giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or

  2. the accounts do not comply with these records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of the 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.

Michelle Ferris BSc (Hons) FCA DChA Albert Goodman LLP Chartered Accountants Goodwood House Blackbrook Park Avenue Taunton Somerset TA1 2PX

Date: 15 July 2024

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BISHOPS LYDEARD VILLAGE HALL AND PLAYING FIELD STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

Unres-
tricted		 Res-
tricted		 2023
Total		 Unres-
tricted		 Res-
tricted		 2022
Total
Note £ £ £ £ £ £
Income from:
Donations & grants

Donations		 734 - 734 584 - 584
Grants
2		 - 10,000 10,000 4,000 - 4,000
Charitable activities
Hall lettings 29,507 - 29,507 26,320 - 26,320

Snooker club		 2,364 - 2,364 2,256 - 2,256
Wardens, car park
& leases		 1,775 - 1,775 1,615 - 1,615
Green Days 12,480 - 12,480 11,760 - 11,760

Other trading
activities
Fundraising 10,060 - 10,060 4,525 - 4,525

Monthly prize draw
fund		 - - - 24 - 24
Maynards Rent 7,200 - 7,200 6,100 - 6,100

Bank interest		 4 - 4 - - -
Total income 64,124 10,000 74,124 57,184 - 57,184
Expenditure on:

Raising funds
3		 4,647 - 4,647 2,309 - 2,309

Charitable activities
4		 97,170 - 97,170 95,446 - 95,446
Total expenditure 101,817 - 101,817 97,755 - 97,755
(37,693)
10,000		 10,000
(10,000)		 (27,693)
-		 (40,571)
-		 -
-
Net income/(expenditure) (40,571)
Transfers between
funds
10		 -
Net movement in
funds		 (27,693) - (27,693) (40,571) - (40,571)
Reconciliation of funds:
Fund balances at
1 January 2023		 715,604 - 715,604 756,175 - 756,175
Fund balances at
31 December 2023		 687,911 - 687,911 715,604 - 715,604

All incoming resources and resources expended derive from continuing activities. The charity has no recognised gains and losses for the year other than the results below.

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BISHOPS LYDEARD VILLAGE HALL AND PLAYING FIELD BALANCE SHEET AS AT 31 DECEMBER 2023

Note
Fixed assets
Tangible assets
7
Current assets
Debtors
8
6,644
Cash at bank and in hand
28,285
──────
34,929
Creditors: amounts falling
due within one year
9
(1,814)
──────
Net current assets
Net assets
Funds of the charity
Unrestricted funds
10
Restricted income funds
10
Total charity funds
10		 2023
£
654,796
2,749
51,407
──────
54,156
(8,882)
──────
33,115
──────
687,911
~~──────~~
687,911
-
──────
687,911
~~──────~~		 2022
£
670,330
45,274
──────
715,604
~~──────~~
715,604
-
──────
715,604
~~──────~~

Approved by the Board on 03 July 2024. and signed on its behalf by:

A Ball Trustee

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BISHOPS LYDEARD VILLAGE HALL AND PLAYING FIELD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

1 Accounting policies

Basis of accounting

The financial statements have been prepared in accordance with Accounting and reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)- (Charities SORP (FRS 102)).

The charity meets the definition of public benefit under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

Funds

Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.

Restricted funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Income

Voluntary income, including donations and grants that provide core funding or are of a general nature, is recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.

Where services or assets are donated to the charity and these can be reliably estimated to have value to the charity, the value of the donation is included in the accounts as income.

Income from charitable activities includes income recognised as earned (as the related goods or services are provided) under contract.

Income from government grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received, and the amount can be measured reliably and is not deferred. Where no conditions are attached to the grant income they are recognised within donations and grants and where conditions relating to performance of services are attached, grant income is recognised in income from charitable activities within the Statement of Financial Activities.

Expenditure

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs include costs of the preparation and examination of the statutory accounts, the costs of trustee meetings and the cost of any legal advice to trustees on governance or constitutional matters.

Debtors

Trade and other debtors are recognised at the settlement amount.

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BISHOPS LYDEARD VILLAGE HALL AND PLAYING FIELD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

1 Accounting policies (continued)

Cash and bank in hand

investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Fixed assets/ Depreciation

Fixed assets are included at their cost to the charity or valuation, where the valuation is in excess of the cost or the asset is donated.

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Fixtures and fittings 20% straight line basis Property improvements 5% straight line basis Property (excluding land) 5% straight line basis

Creditors

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are recognised at the settlement amount.

Taxation

As a registered charity, the company is not liable to corporation tax or capital gains tax to the extent that its income and gains are applicable to charitable purposes only. The charity is not VAT registered. All income and expenditure is gross of VAT where applicable.

Financial instruments

The charity only holds basic financial instruments as defined in FRS 102. The financial assets and liabilities of the charity and their measurements are as follows:

Financial assets – trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments.

Cash at bank – is classified as a basic financial instrument and is measured at face value.

Financial liabilities – trade creditors, accruals and other creditors are financial instruments, and are measured at amortised cost. Taxation and social security are not included in the financial instruments disclosure definition. Deferred income is not deemed to be a financial liability, as the cash settlement has already taken place and there is an obligation to deliver services rather than cash or another financial instrument.

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BISHOPS LYDEARD VILLAGE HALL AND PLAYING FIELD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

2 Grants

Grants
Un-
restricted Restricted 2023 2022
funds funds Total Total
£ £ £ £
National Lottery - 10,000 10,000 -
Exceptional government funding
Other government grants* - - - 4,000
────── ────── ────── ──────
- 10,000 10,000 4,000
────── ────── ────── ──────

All income in the prior year related to unrestricted funds.

In the prior year, the charity was been eligible to claim additional funding from government support schemes in response to the coronavirus outbreak. The funding received is shown above under “exceptional government funding”.

3 Raising funds

Un-
restricted Restricted 2023 2022
funds funds Total Total
£ £ £ £
Fundraising expenses 4,879 - 4,879 2,285
Monthly prize draw prizes (232) - (232) 24
────── ────── ────── ──────
4,647 - 4,647 2,309
────── ────── ────── ──────

All expenditure in the prior year related to unrestricted funds.

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BISHOPS LYDEARD VILLAGE HALL AND PLAYING FIELD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

4 Charitable activities

Un-
restricted Restricted 2023 2022
funds funds Total Total
£ £ £ £
Hall running costs 2,402 - 2,402 1,408
Cleaning and laundry 6,677 - 6,677 5,865
Utilities 4,970 - 4,970 4,503
Insurance 8,679 - 8,697 8,074
Repairs and maintenance 7,458 - 7,458 8,400
Licences 352 - 352 280
Printing, postage and stationery 303 - 303 133
Telephone 356 - 356 311
Subscriptions 100 - 100 100
Depreciation of freehold property 48,715 - 48,715 46,790
Depreciation of fixtures and fittings 8,913 - 8,913 8,193
Loss on disposal of fixed assets - - - 337
Annex utilities and insurance 5,077 - 5,077 2,980
Maynards expenses 456 - 456 5,780
Marketing 120 - 120 -
Governance costs 2,592 - 2,592 2,292
────── ────── ────── ──────
97,170 - 97,170 95,446
────── ────── ────── ──────
Included within governance costs above:
Accountancy 796 - 796 812
Independent Examination 500 - 500 500
Bookkeeping 1,296 - 1,296 980
────── ────── ────── ──────
2,592 - 2,592 2,292
────── ────── ────── ──────

All expenditure in the prior year related to unrestricted funds.

5 Trustees and employees

None of the trustees received any remuneration or payment for expenses during the year, nor in the previous year.

The charity has no employees, and hence none that receive remuneration of over £60,000 (2022: none).

6 Net incoming resources

Net incoming resources are stated after charging:

Depreciation of owned assets 2023
£
57,628
~~──────~~		 2022
£
54,983
~~──────~~

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BISHOPS LYDEARD VILLAGE HALL AND PLAYING FIELD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

7 Tangible fixed assets

Tangible fixed assets
Freehold Fixtures,
land and fittings and
buildings equipment Total
£ £ £
Cost
As at 1 January 2023 935,783 71,382 1,007,165
Additions 38,497 3,597 42,094
Disposals - - -
────── ────── ──────
As at 31 December 2023 974,280 74,979 1,049,259
────── ────── ──────
Depreciation
As at 1 January 2023 287,855 48,980 336,835
Charge for the year 48,715 8,913 57,628
Elimination on disposal - - -
────── ────── ──────
As at 31 December 2023 336,570 57,893 394,463
────── ────── ──────
Net book value
As at 31 December 2023 637,710
~~──────~~		 17,086
~~──────~~		 654,796
~~──────~~
As at 31 December 2022 647,928
~~──────~~		 22,402
~~──────~~
670,330
~~──────~~

Freehold land and buildings

The net book value of freehold land and buildings includes £637,710 (2022: £647,928) of depreciable assets.

8 Debtors

Trade debtors
Accrued income
9 Creditors: amounts falling due within one year
Other creditors
Accruals		 2023
£
6,644
-
──────
6,644
~~──────~~
2023
£
370
1,444
──────
1,814
~~──────~~		 2022
£
2,749
-
──────
2,749
~~──────~~
2022
£
370
8,512
──────
8,882
~~──────~~

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BISHOPS LYDEARD VILLAGE HALL AND PLAYING FIELD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

10 Analysis of funds

1
Restricted
National Lottery
Total Restricted funds
Unrestricted
General
Fixed asset fund
Total unrestricted funds
Total funds

1
Unrestricted
General
Fixed asset fund
Total unrestricted funds
Total funds		 Funds at
Jan 2023
£
-
──────
-
──────
45,274
670,330
──────
715,604
──────
──────
715,604
~~──────~~
Funds at
Jan 2022
£
47,967
708,208
──────
756,175
──────
──────
756,175
~~──────~~		 Income Expenditure
Transfers
31
£
£
£
10,000
-
(10,000)
──────
──────
──────
10,000
-
(10,000)
──────
──────
──────
64,124
(44,189)
(32,094)
-
(57,628)
42,094
──────
──────
──────
64,124
(101,817)
10,000
──────
──────
──────
──────
──────
──────
64,124
(101,817)
-
~~──────~~
~~──────~~
~~──────~~
Income Expenditure
Transfers
31
£
£
£
57,184
(42,435)
(17,442)
-
(55,320)
17,442
──────
──────
──────
57,184
(97,755)
-
──────
──────
──────
──────
──────
──────
57,184
(97,755)
-
~~──────~~
~~──────~~
~~──────~~		 Funds at
Dec 2023
£
-
──────
-
──────
33,115
654,796
──────
687,911
──────
──────
687,911
~~──────~~
Funds at
Dec 2022
£
45,274
670,330
──────
715,604
──────
──────
715,604
~~──────~~

The fixed asset fund represents the Net Book Value of fixed assets in the accounts.

National Lottery funding was received towards the replacement roof.

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BISHOPS LYDEARD VILLAGE HALL AND PLAYING FIELD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

11 Analysis of net assets between funds

Unrestricted Unrestricted
Restricted general fixed asset Total
funds funds funds 2023
£ £ £ £
Tangible assets - - 654,796 654,796
Debtors - 6,644 - 6,644
Cash at bank and in hand - 28,285 - 28,285
Creditors due within one year - (1,814)
-		 (1,814)
_______ _______ _______ _______
- 33,115 654,796 687,911
‗‗‗‗‗‗‗ ‗‗‗‗‗‗‗ ‗‗‗‗‗‗‗ ‗‗‗‗‗‗‗

Analysis of net assets between funds- 2022

Unrestricted Unrestricted
Restricted general fixed asset Total
funds funds funds 2022
£ £ £ £
Tangible assets - - 670,330 670,330
Debtors - 2,749 - 2,749
Cash at bank and in hand - 51,407 - 51,407
Creditors due within one year - (8,882)
-		 (8,882)
_______ _______ _______ _______
- 45,274 670,330 715,604
‗‗‗‗‗‗‗ ‗‗‗‗‗‗‗ ‗‗‗‗‗‗‗ ‗‗‗‗‗‗‗

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