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2024-12-31-accounts

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

FOR THE YEAR ENDED 31 DECEMBER 2024

Registered Charity No: 304488

BISHOPS LYDEARD VILLAGE HALL AND PLAYING FIELD TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

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 2024

Trustees Elected

Trustees
Elected R Peacocke (Vice-Chairman)
W Bull
B Elgin
A Pattemore
C Donnelly
E Hayes
User group representatives A Ball (Chairman)
G Allen (Treasurer)
R Sillett
M Evens
H Stockley
C Moises
Independent examiner Michelle Ferris BSc (Hons) FCA DChA
Albert Goodman LLP
Chartered Accountants
Goodwood House
Blackbrook Park Avenue
Taunton
Somerset
TA1 2PX
Contact address The Old Post Office
Gore Square
Bishops Lydeard
Taunton
Somerset
TA4 3BW
Charities registration number 304488

-1-

BISHOPS LYDEARD VILLAGE HALL AND PLAYING FIELD TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024

The Trustees present their report and unaudited financial statements of the charity for the year ended 31 December 2024.

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 (Resigned 03/07/2024) M Evens A Pattemore W Bull B Elgin C Donnelly E Hayes C G Dance (Resigned 28/02/2024) C R Dance (Resigned 29/04/2024) D Winter (Resigned 22/04/2024) J Parkman (Resigned 29/04/2024) H Stockley (User representative appointed 25/09/2024) C Moises (User representative appointed 03/07/2024)

-2-

BISHOPS LYDEARD VILLAGE HALL AND PLAYING FIELD TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024

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 (ceased during the year), a Baby Sensory group, an NHS group for older persons with mental health problems, and Kings Church Quantocks. There is also a weekly coffee morning organised by the Community Council for Somerset aimed at older persons and providing advice on a range of matters. The Annexe continues in use by Green Days Day Care who provide services for learning disabled adults.

The halls are also 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. Several blood donor sessions are held each year, and the halls are also used for elections.

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 continue at a satisfactory level, and the number of one-off bookings remains high.

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BISHOPS LYDEARD VILLAGE HALL AND PLAYING FIELD TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024

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 Due to the loss of several Trustees (who resigned for a variety of personal reasons), we were able to run only a small number of our regular events (Easter Prize Bingo, Xmas Prize Bingo and the refreshments at Lydeard House Open Garden in June), and this resulted in our raising less for the Improvement Fund than in normal times.

Flower Show and Fete: The Flower Show was held in the Village Hall and was another success, but it it was not possible to organise the Fete for the reasons given above.

Prize Draw: The prize draw remained suspended in the aftermath of Covid-19.

Hall developments

We planned to replace a major piece of equipment for young children in the Play Park and applied to Awards for All and the Parish Council for financial help towards the scheme. The Parish Council was very supportive and gave £10,000 towards the project but our application was rejected by Awards for All. We will be reviewing our application and applying again to Awards for All. We hope to proceed with the project in 2025

Our car park was being used as a free place to leave vehicles for long periods, often denying parking space for hall users. We therefore decided to restrict parking to 5 hours (with exemptions where appropriate) by installing an ANPR camera operated by a car park management company. This necessitated planning permission, which was granted, and the system was started up on 1[st] January 2025.

Green Days Day Care, our users of the Annexe, were switching to electric vehicles for their vans, so we have installed an EV charger and electricity meter in the Annexe for their use.

The roof of the MUGA storeroom was leaking badly and has been replaced.

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.

Other matters: The Village Hall is registered as a Place of Safety with the Somerset Local Authority Civil Contingency Partnership for use in the event of a major civil incident, and a Blood Kit has been installed beside the defibrillator that is sited outside between the Village Hall and the Annexe.

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BISHOPS LYDEARD VILLAGE HALL AND PLAYING FIELD TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024

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 there having been no increase in hiring rates since Covid-19 epidemic the committee decided to increase hiring rates by 12% for 2024

  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 2024 the charity’s free reserves were £35,743 (2023: £33,115). 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 electricity and gas 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 2024

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: 23 July 2025

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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 2024

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 2024.

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: 04 September 2025

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BISHOPS LYDEARD VILLAGE HALL AND PLAYING FIELD STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024

Unres-
tricted		 Res-
tricted		 2024
Total		 Unres-
tricted		 Res-
tricted		 2023
Total
Note £ £ £ £ £ £
Income from:
Donations & grants

Donations		 1,040 - 1,040 734 - 734
Grants
2		 - - - - 10,000 10,000
Charitable activities
Hall lettings 30,820 - 30,820 29,507 - 29,507

Snooker club		 2,594 - 2,594 2,364 - 2,364
Wardens, car park
& leases		 1,350 - 1,350 1,775 - 1,775
Green Days 13,920 - 13,920 12,480 - 12,480

Green Days EV		 1,500 - 1,500 - - -

Other trading
activities
Fundraising 4,243 - 4,243 10,060 - 10,060

Maynards Rent		 7,500 - 7,500 7,200 - 7,200

Bank interest		 6 - 6 4 - 4
Total income 62,973 - 62,973 64,124 10,000 74,124
Expenditure on:
Raising funds
3		 1,727 - 1,727 4,647 - 4,647
Charitable activities
4		 108,380 - 108,380 97,170 - 97,170
Total expenditure 110,107 - 110,107 101,817 - 101,817
(47,134)
-		 -
-		 (47,134)
-		 (37,693)
10,000		 10,000
(10,000)
Net income/(expenditure) (27,693)
Transfers between
funds
10		 -
Net movement in
funds		 (47,134) - (47,134) (27,693) - (27,693)
Reconciliation of funds:
Fund balances at
1 January 2024		 687,911 - 687,911 715,604 - 715,604
Fund balances at
31 December 2024		 640,777 - 640,777 687,911 - 687,911

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 2024

Note
Fixed assets
Tangible assets
7
Current assets
Debtors
8
2,995
Cash at bank and in hand
36,083
──────
39,078
Creditors: amounts falling
due within one year
9
(3,335)
──────
Net current assets
Net assets
Funds of the charity
Unrestricted funds
10
Restricted income funds
10
Total charity funds
10		 2024
£
605,034
6,644
28,285
──────
34,929
(1,814)
──────
35,743
──────
640,777
~~──────~~
640,777
-
──────
640,777
~~──────~~		 2023
£
654,796
33,115
──────
687,911
~~──────~~
687,911
-
──────
687,911
~~──────~~

Approved by the Board on 23 July 2025 and signed on its behalf by:

A Ball

Trustee

-9-

BISHOPS LYDEARD VILLAGE HALL AND PLAYING FIELD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

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 2024

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 2024

2 Grants

Grants
Un-
restricted Restricted 2024 2023
funds funds Total Total
£ £ £ £
National Lottery - - - 10,000
────── ────── ────── ──────
- - - 10,000
────── ────── ────── ──────

All income in the prior year related to unrestricted funds.

3 Raising funds

Un-
restricted Restricted 2024 2023
funds funds Total Total
£ £ £ £
Fundraising expenses 1,727 - 1,727 4,879
Monthly prize draw prizes - - - (232)
────── ────── ────── ──────
1,727 - 1,727 4,647
────── ────── ────── ──────

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 2024

4 Charitable activities

Un-
restricted Restricted 2024 2023
funds funds Total Total
£ £ £ £
Hall running costs 1,812 - 1,812 2,402
Cleaning and laundry 6,952 - 6,952 6,677
Utilities 6,924 - 6,924 4,970
Insurance 10,973 - 10,973 8,679
Repairs and maintenance 12,300 - 12,300 7,458
Licences 585 - 585 352
Printing, postage and stationery 59 - 59 303
Telephone 509 - 509 356
Subscriptions 110 - 110 100
Depreciation of freehold property 48,808 - 48,808 48,715
Depreciation of fixtures and fittings 8,169 - 8,169 8,913
Annex utilities and insurance 7,179 - 7,179 5,077
Maynards expenses - - - 456
Marketing 120 - 120 120
Governance costs 2,380 - 2,380 2,592
Green Days EV charge 1,500 - 1,500 -
────── ────── ────── ──────
108,380 - 108,380 97,170
────── ────── ────── ──────
Included within governance costs above:
Accountancy 937 - 937 796
Independent Examination 625 - 625 500
Bookkeeping 818 - 818 1,296
────── ────── ────── ──────
2,380 - 2,380 2,592
────── ────── ────── ──────

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 (2023: none).

6 Net incoming resources

Net incoming resources are stated after charging:

Depreciation of owned assets 2024
£
56,977
~~──────~~		 2023
£
57,628
~~──────~~

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BISHOPS LYDEARD VILLAGE HALL AND PLAYING FIELD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

7 Tangible fixed assets

Tangible fixed assets
Freehold Fixtures,
land and fittings and
buildings equipment Total
£ £ £
Cost
As at 1 January 2024 974,280 74,979 1,049,259
Additions 1,869 5,346 7,215
Disposals - - -
────── ────── ──────
As at 31 December 2024 976,149 80,325 1,056,474
────── ────── ──────
Depreciation
As at 1 January 2024 336,570 57,893 394,463
Charge for the year 48,808 8,169 56,977
Elimination on disposal - - -
────── ────── ──────
As at 31 December 2024 385,378 66,062 451,440
────── ────── ──────
Net book value
As at 31 December 2024 590,771
~~──────~~		 14,263
~~──────~~		 605,034
~~──────~~
As at 31 December 2023 637,710
~~──────~~		 17,086
~~──────~~
654,796
~~──────~~

Freehold land and buildings

The net book value of freehold land and buildings includes £590,771 (2023: £637,710) of depreciable assets.

8 Debtors

Trade debtors
Creditors: amounts falling due within one year
Other creditors
Accruals		 2024
£
2,995
──────
2,995
~~──────~~
2024
£
410
2,925
──────
3,335
~~──────~~		 2023
£
6,644
──────
6,644
~~──────~~
2023
£
370
1,444
──────
1,814
~~──────~~

9 Creditors: amounts falling due within one year

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BISHOPS LYDEARD VILLAGE HALL AND PLAYING FIELD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

10 Analysis of funds

1
Unrestricted
General
Fixed asset fund
Total unrestricted funds
Total funds

1
Restricted
National Lottery
Total Restricted funds
Unrestricted
General
Fixed asset fund
Total unrestricted funds
Total funds		 Funds at
Jan 2024
£
33,115
654,796
──────
687,911
──────
──────
687,911
~~──────~~
Funds at
Jan 2023
£
-
──────
-
──────
45,274
670,330
──────
715,604
──────
──────
715,604
~~──────~~		 Income Expenditure
Transfers
31
£
£
£
62,973
(53,130)
(7,215)
-
(56,977)
7,215
──────
──────
──────
62,973
110,107
-
──────
──────
──────
──────
──────
──────
62,973
110,107
-
~~──────~~
~~──────~~
~~──────~~
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)
-
~~──────~~
~~──────~~
~~──────~~		 Funds at
Dec 2024
£
35,743
605,034
──────
640,777
──────
──────
640,777
~~──────~~
Funds at
Dec 2023
£
-
──────
-
──────
33,115
654,796
──────
687,911
──────
──────
687,911
~~──────~~

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 2024

11 Analysis of net assets between funds

Unrestricted Unrestricted
Restricted general fixed asset Total
funds funds funds 2024
£ £ £ £
Tangible assets - - 605,034 605,034
Debtors - 2,995 - 2,995
Cash at bank and in hand - 36,083 - 36,083
Creditors due within one year - (3,335)
-		 (3,335)
_______ _______ _______ _______
- 35,743 605,034 640,777
‗‗‗‗‗‗‗ ‗‗‗‗‗‗‗ ‗‗‗‗‗‗‗ ‗‗‗‗‗‗‗

Analysis of net assets between funds- 2023

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
‗‗‗‗‗‗‗ ‗‗‗‗‗‗‗ ‗‗‗‗‗‗‗ ‗‗‗‗‗‗‗

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