Registered Charity Number: 304540 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THF. YEAR ENDED 31 AUGUST 2023 FOR FAILAND VILLAGE HALL R S Porttr & Co Limited Chartered AccountAnts The Old Dairy Ashton Hill Farm W¢8ton Road, Fail#nd Bristol BS8 3US
FAILAfm VILLAGE HALL CONTEfqTS OF THE FINANCIAL STATFMEf4TS FOR THE YEAR ENDED 31 AUGUST 2023 Page Report of the Trustees I to2 Independent Examinels Report Statement of Financial Activili¢s Balan¢e Sheet Notes lo Financial SiatementS 6108 Detailed Statement of Financial Artivities
FAILAND VILLAGE HALL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2023 The Trustees present their report with the FinAncial Statements of the Charity for the year ended 31 Augugt 2023. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting 8nd Reporting by Charilies, issued in March 2015. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity Nutnber 304540 Prlneip#l Address Oxhouse Lane Failand Bristol BS8 3SL Trustees Mrs L Green Mr S Williams Mrs A Sissons Mr J Chilcott Mrs D J¢pson Mrs E Garfitt Mrs C Wolff Mrs R Crosby Mr J Lamb Chairnian Se¢r¢lary Tr¢a5ur¢r Resigned March 2023 Ind¢pend¢nt examlDer C J Keat¢s-Pori¢i' FCA R S Porter & Co Limited Th¢ Old Dairy Ashton Hill Farni Weston Road, Failand Bristol BS8 3US STRUCTURE, GOVERNANCE AND MANACEMENT Governing document Th¢ Charily is controlled by governing document, a Deed of Trust and constitutes an Unincorporated Charity. Trustee selection Trustees are appointed by recommendation, Risk management The Trustees have a duty to identify and review the riskg lo which the Charity is exposed and to ¢F)sure appropriate controls are in place to provide reasonable assurance against fraud and eor. Page I
FAILAND VILLAGE HALL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2023 OBJECTIVES AND ACTIVITIES Objectives amd ain To provide social f&cilities for the benefits of the residents of the village of Failand. FINANCIAL REVIEW Reserve policy The Trustees aiii) to retain sutricient reserves to ensure that the facility is well maintained to a high standard for it's intended us Prlnelpal tknndlng souret$ Provisions of facilities for functions. wedding recepiions and dinner dances. Reserves pollcy Tlio Truste aim to maintain sufficient fvnds to cover major Tepair and replacement works becoining necessary. or4 BEHALF OF THE BOARD 20th October 2022 Page 2
INDEPENDENT EXAMINERS. REPORTTO THE TRUSTEES OF FAILANDVILLAGE HALL I report of the accounts for the year ended 31 August 2023 a5 set our on pages 4 to 7. Respective responsibilities of tru5tee5 and examiner The Charity's Trustees are responsible for the preparation of the accounts. The Charity's Trustees coftsider thart an audit is not required for this year under section 144 of the Charities Art 2011 (the Charities Actl and that an independent examination is needed. It Is my re5pon5ibility to.. examine the accounts under section 145 of the Charities Act. to follow the procedures lald down in the general Dirertion5 given by the Charitv Commlssion lunder section 145151 Ibl of the Charlties Act), and to state whether particular matters have come to my attentlon. Basls of Independent examiner's statement My examlnatlon was ¢arried out ID accordance wlth general Dirertlons 8lven by the Charitv Commission. An examlnatlon Includes a review of the accounting records kept by the Charity and compari59n of the accounts presented wlth those re¢ords, It also includes consideration of any unusual Items or dlsclosures in the accounts, and seekln8 explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is gSven as to whether the accounts present a 'true and fair, vlew and the report is Ilmlted to those matters set out In the statement below. Independent examlner's statement In connection with my examlnatSon, no matter has come to my attentlon (other than that d55closed below'l: which gives me reasonable cause to belleve that In, any materlal respect, the requirements.. to keep accounting record5 in accordance with Section 130 of the Charities to prepare accounts whlch accord with the accountlng records and comply wlth the accountlng requlrements of the Charltles Act have not been met,. or 121 to which, In my opinion should be drawn in order to enable a proper understandlng of the accounts to be reached. C J Keates-Porter- FCA R S Porter & Co Limited The Old Dairy Ashton Hill Farm Weston Road, Failand Bristol BS8 3US 20th October 2023 Page 3
FAILAND VILLAGE HALL STATEMEf4T OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2023 2023 2022 Unrestricted Unrestricted fllllds funds Notes INCOMING RESOURCES In¢oming resources from generated funds Activitie5 for generating funds Investment income 45,223 325 27,354 10 Total incomiftg resource 45,548 27,364 RESOURCES EXPENDED Cust5 of generuting fund8 Costs of generating voluntary income GovernaD¢e costs 34,705 480 25,174 480 Total resour¢es expended 35,185 25,654 NET INCOMING RESOURCES 10,363 1,710 RECONCILIATION OF FUNDS Total fund brought forward 63,732 62.022 TOTAL FUNDS CARRIED FORWARD 74,095 63,732 The notes form part of these financial statements Page4
FAILAND VILLAGE HALL BALANCE SHEET AT 31 AUGUST 2023 2023 2022 Unr&stricted Unrestrieted funds funds Notes CURRENT ASSETS Cash at bank and in hand 78,579 67,044 CREDITORS Amounts falling due within one year (4,484) (3,312) r4ET CURRENT ASSETS 74.095 63,732 TOTAL ASSETS LESS CURRENT LIABILITIES 74,095 63,732 NET ASSETS 74,095 63,732 FUNDS Unreslricled funds 74,095 63,732 TOTAL Fuf4DS 74,095 63,732 Th¢ financial ststements were approved by th¢ Board of Trustees on 20th October 2023 and were 5Ègned on its behalf by.. Mrs A Sissons - Truste? The notes form part of these financial statements Page 5
FAILAND VILLAGE HALL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 ACCOUNTING POLICIES Accounltng conventlon The financial statllent have been prepared under the historical cost convention and in a¢cordance with the Financial Reporting Siandard for Smaller Enliti¢s (¢ffective April 2008). the Charities Act 2011 and ihe r4uirement5 of the Statsmenl of Recoinmend¢d PraclicA Accounting and Reporting by Chariiies. Incomlng resourees All incoming resources are included on the Statement of Financial Activities wlien the Charity is leIlY cntitled to tlio in¢ome and th¢ amount can be 4uantified with reasonable a¢¢uracy. Resources expended Expendire is accoui)ted for on an accruals basis and has been ¢lassifi¢d under headings that aggrogat¢ all ¢05t relalcd to th¢ catcgory. Where cost5 cannot be directly attributed to particular headings ihey have been allocated io actiyilies on a basis consistent with the use of resource5. Taxatton The Charity is exempt froin lax on ils charitable activities. Fund accounting Uivestricted funds can be used in accordance with the charitable objectives at the discretion of the'l'rustees. Restricted funds cali only be used for particular restricted purpose5 Within the objects of the charity. R¢stri¢tions arise Wh Splfied by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and PUTpose of eAch fund is included in the nol¢ to the fmancial statements. Hire purehase and legsing commitments RentaSs paid under operating leases are charged to the Stateinent of Financial Activities on straight line basis over the period of tlie lease. Page 6
FAILAND VILLAGE HALL NOTES TO THE FINANCIAL STA TEMENTS FOR THK YEAR ENDED 31 AUGu&f 2023 ACTIVITIES FOR GENERATING FUNDS 2023 2022 Fundraising ev¢nts Profit on bar trading account Hall rentals Hall draw fund Grants and donations 14,165 27.764 1.525 1,769 1,202 22,590 230 3,332 45,223 27,354 INVESTMENT INCOME 2023 2022 Deposit account interest 325 10 TRUSTEES, RFMUNERATiof4 AND BENEFITS Th¢re were no Trustees, remuneration or other benefits for the year ended 31 August 2023 nor for the year ended 31 Augusi 2022. Trusteeg, expenses Th¢re were no Trustecs, expenses paid fur the year ended 31 Augu512023 nor for the year ¢nded 31 August 2022. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Trade Creditors Oiher creditors 4.484 3,312 4,484 3,312 Page 7
FAILAND VILLAGE HALL NOTES TO THE FtNANCIAL STATEMENTS- CONTINUED FOR THE YEAR ENDED 31 AUGUST 2023 MOVEMENT IN FUNDS Net movement In funds At 31108123 At 01109122 Unreslricted funds General nd 63,732 10,363 74,095 TOTAL Fuf4DS 63,732 10,363 74,095 Net mov¢m¢nt in fijnds, included in Ih¢ above are as follows.. Incoming resources Resour¢e8 Movement expended in funds UDrestrlcted thnds General fi)nd 45,548 (35,185) 10,363 TOTAL FUNDS 45,548 (35,185) 10,363 Page 8
FAILAND VILLAGE HALL DETAILED STATEMENT OF FINAf4CIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2023 2023 2022 INCOMING RESOURCES Activities for geDerAting fund5 Profit on bar tradin8 a¢¢ount Hall rentals Hall draw fund Grants and donaiions 14.165 27,764 1,525 1,769 1.202 22,590 230 3,332 45,223 27,354 InvL%tmeDt income Deposit account interest 325 10 Total incomlng resollrees 45,548 27,364 RESOURCES EXPENDED Costs of generating voluntary ltseome Honorariurn Grass eulting Social costs Rales and water Insurance Light and heat Telephone ld internet Postage and stationery Li¢¢nce5 Repairs &nd maintcnance Security Bank charges R¢n¢wals Cleaning Marketing DotionS 1,200 1,920 34 144 1.582 2,204 668 344 312 7,664 408 456 9,210 8,009 185 365 1,973 781 136 1,006 2,601 573 331 282 4,698 2.597 404 4,107 5,565 120 34,705 25,174 Governance eosts Accountaney 480 480 Total resource$ expended 35,185 25,654 Net income 10,363 1,710 This pages does not form part of the statutory financial statements Page 9