Charity number: 304688 VILLAGE HALL TIAWRINGTON MEMORIAL HALL & RECREATION FIELD COMMITTEE UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
VILLAGE HALL TIA WRINGTON MEMORIAL HALL & RECREATION FIELD COMMITTEE CONTENTS Page Reference and Administrative Detalls of Ihe Charity, Its Truslees and Advisers Trustees, Report Independent Examlner's Report Statement of Flnanclal Actlvltles Balance Sheet Notes to the Financial Statements 7-14
VILLAGE HALL TIA WRINGTON MEMORIAL HALL & RECREATION FIELD cOMMIEE REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025 Management Truslees Mr Marshall Clements, Chairman Mrs Deborah Yamanaka, Vice Chair Mrs Georgie Bigg Mr Nick Finch Mrs Gabrielle Wilson Mr Richard Kingcott Mr John Morgan (resigned 1 September 2024) Mrs Sarah Treweek Miss Sue Lamburne {appointed 26 February 2025) Trustees Wrington Parish CouncAI Charlty reglslered number 304688 Prlnclpal offlce The John Locke Room Silver Slreel Wnngion North Somerset BS40 5QE A¢countants The Alanbrookes Group Ltd 24 Glove Factory Studios Holt Wiltshire BA14 6RL Page 1
VILLAGE HALL TIA WRINGTON MEMORIAL HALL & RECREATION FIELD COMMITTEE TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their annual report together with the financial statements of the Village Hall for the year 1 April 2024 to 31 March 2Q25. The Charity also trades under the name Wrington Memorial Hall & Recrèation Field Committee. Objectlves and aclivities a, Policies and objectives The ¢harily maintains and.manages Wringlon Memorial Hall. the Recreation Field and The John Locke buildings for the use and benefit of the residents of Wrington The charity provides buildings. facilities and open space for Community use for all aspects and ages of the Community and for the provision of amateur sport. In setting objectives and planning for activilies. the Trustees have given due consideration to general guidance published by the Charily Commission relating lo public benefit, including the guidance 'Public benefit.. running a charity IPB2)'. Achievements and perfomance a. Maln achlevements of the Charity The Charity ensured the bulldings and open areas were maintained and managed for the safe use by local residents. Flnanclal revlew . Going Goncem After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concem basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting poliaes. The Charity recelves an annual grant of £16,000 from Wnngton Parish Council. The rest of the funds for the charity comes from the hSre charges for the hall. A 'Friends of the H811, scheme has recently been set up to receive donations from the public. The objectives of the charity are to manage and provide facilities for the Community to use. All ages and groups in the Community make use of the hall for many different activities, including badminton, pilates, table tennis, gardening club, yoga, toddler groups, Wrington Primary school, support groups and the drama group, b. Reserves policy It is the pollcy of the Committee to ensure that there a SLtfficient reserves to enable the charity to meet its liabilities as they fall due. ACrdInglY the Committee keeps a very close eye on the financial situation and transactions on the account and aims lo ensure that its current account is always in credit. Page 2
VILLAGE HALL TIA WRINGTON MEMORIAL HALL & RECREATION FIELD COMMirrEE TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Structure, govemance and management Constitution Vlllage Hall tla Wrington Memorial Hall & Recreation Field Committee is a registered charity, number 304688. and is constituted under a Trust deed. b. Methods of appointment or election of Trustees The management of the Charily is the responsibility of Ihe Trustees who are elected and co-opted under the terms of the Trust deed by Wrington Parish Counal. Statement of Trustees, responsibilities The Trustees are responsible for preparing the Trustees, Report and the financial slalemenls in accordance with applicable law and United Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice}. The law applicable lo charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the slate of affairs of the Charity and of ils incoming resources and application of resources, induding ils income and expenditure, for that period. In preparing these financial statements. the Trustees are required lo: select suitable accounting policies and then apply them consistently, obserwe Ihe methods and principles of the Charities SORP {FRS 1021; make judgments and accounting estimates that are reasonable and prudent.. stale whether applicable UK Accounling Standards IFRS 1021 have been followed, subject to any material departures disclosed and explained in the financial statements- prepare the financial statements on the going concem basis unless it is inappropriate lo presume that the Charity wlll continue in business. The TrLJStees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charitys transactions and disclose with reasonable accuracy al any time the financial position of the Charity and enable Ihem lo ensure Ihal the financial slalemenls comply wilh the Charities Act 2011. the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Charity and hence for laking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees on 14 November 2025 and signed on their behalf Mr Marshall Clements Page 3
VILLAGE HALL TIA WRINGTON MEMORIAL HALL & RECREATION FIELD COMMIThEE INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025 Independent Examlner's Report to the Truslees of Village Hall tla Wrington Memorial Hall & Recrealion Field Committee ('the Charity.) I report lo the charity Trustees on my examlnation of the account5 of the Charity for the year ended 31 March 2025. Responsibilltles and Basis of Report As the Trustees of the Charlty you are responsible for the preparation of the accounts in accordance wllh the requirements of the Charities Act 2011 {'the 2011 Act'l. I report in respect of my examlnalion of the Charivs accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 14515)Ibl of the 2011 Act. Independent Examinerfs Statèment Your attention Is drawn to the fact Ihat the Charity has prepared the accounts in accordance with Accounting and Reporting by Charilies: Statemenl of Recommended Praclice applicable lo charities preparing their accounts in accordance with the Financial Reporting Slandard 2pplicable in the UK and Republic of Ireland {FRS 1021 in preference to the Accounting and Reporting by Charities.. Stalemenl of Recomrnended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn. l understand that this has been done in order for the accounts lo provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I confirm ihat no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kepi in respect of the Charily as required by section 130 of ihe 2011 Act., or the accounts do not accord with those records., or the accounts do nol comply with the applicable requirements conceming the form and content of accounts sel out In the Chanties {Accounls and Reports) Regulations 2Q08 other than any requirement that the accounts give a 'lrue and fairf view which is not a matter considered as part of an independent examination. I have no concems 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- Dated.. The Alanbrookes Group Ltd ICAEW 24. Glove Factory Studios. Holt, Wiltshire. BA14 6RL Page 4
VILLAGE HALL TIA WRINGTON MEMORIAL HALL & RECREATION FIELD COmMfEE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted funds 2025 Total funds 2025 Total funds 2024 Note Income from: Donations and legacies Investments Other income 16,167 65 16,167 65 18,061 16,343 18,061 16,564 Total income 34,293 34,293 32,907 Expenditure on: Charitable activities 41,196 41.196 44.093 Total oxpendlture 41.196 41,196 44. 093 Net movement In funds {6,903) {6.903) (71, 186) Reconclllatlon of funds: Total funds brought forward Nel movement in funds 13,496 {6.903) 13,496 (6,903) 24. 682 (11. 186) Total funds carrled forward 6,593 6,593 13,496 The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 7 to 14 form part of these financial slatements. Page 5
VILLAGE HALL TIA WRINGTON MEMORIAL HALL & RECREATION FIELD COMMIThEE BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Note Flxed assets Tanglble assels 3,097 4,163 3,097 4.763 Current assets Debtors Cash al bank and in hand 12 278 4,301 9.835 4,301 10,773 Creditors.. amounts falllng due wlthin one year 13 (804) (780) Net current assets 3,497 9,333 Total assets less current Ilabllltles 6,594 13.496 Net assets excludlng pension asset 6.594 13.496 Total net assets 6,594 73.496 Charity funds Restricted funds Unrestricted funds 15 15 6,594 73.496 Total funds 6,594 13.496 The financial statements signed on their behalf by: ere approved and authorised for issue by the Trustees on 14 November 2025 and Mr Marshall Clements The notes on pages 7 to 14 form part of these financial statements. Page 6
VILLAGE HALL TIA WRINGTON MEMORIAL HALL & RECREATION FIELD COMMIThEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 General Information Wrington Memorial Hall & Recreation Field Committee is a charity registered In England. Its registered address is.. John Locke House, Silver Street, Wrington, North Somerset BS40 5QE Accounting policies 2.1 Basis of preparation of financial statements The financial statements have been prepared in accordance with the Charities SORP IFRS 1021 Accounting and Reporting by Charities: Stalement 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) {effeclive 1 January 20191. Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and Ihe Chanties Act 2011. The financial slalemenls have been prepared to give a 'true and fair, view and have departed from the Charities (Accounts and Reports) Regulations 2008 only lo the extenl required lo provide a 'true and fairf view. This departure has involved following the Charities SORP {FRS 1021 published in October 2019 rather than the Accounting and Reporting by Charities.. Statement of Recommended Pfa¢ti¢e effective from 1 April 2005 which has since been withdrawn. Village Hall Ua Wrington Memorial Hall & Recreation Field Committee meets the definition of a public benefit entity under FRS 102. Assets and liabilities are inilially recognised at historical cost or transaction value unless otherwise slated in the relevant accounting policy. 2.2 Income All income is recognised once the Charity has entitlemenl to the Income, il Is probable that the income will be received and the amount of income receivable can be measured reliably. The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to eslimate with sufficient accuracy the amount receivable. Evidence of enlillemenl lo a legacy exisls when the Charity has sufficient evidence that a gift has been lefl to them {Ihrough knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required lo satisfy claims in the eslate. Receipt of a legacy musl be recognised when it is probable that il will be received and the fair value of the amount receivable, which wll generally be the expected cash amount lo b8 distribuled to the Charity, can be reliably measured. Grants are included in the Ststemenl of Financial Activities on a receivable basis. The balance of income received for specific purposes but nol expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as defeed income. Where entitlement occurs before income Is received, the income is accrued. Other income is recognised in the period in which it is receivable and lo the extenl the goods have been provided or on completion of the Se1. Page 7
VILLAGE HALL TIA WRINGTON MEMORIAL HALL & RECREATION FIELD COMMITTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollcles (continued) 2.3 Expenditure Expenditure is reGognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable Ihal a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs nvolved in undertaking each activity Direcl costs attnbutable to a single activity are allocated directly to that 8Ctivity- Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of tlme spenl, and depreclatlon charges allocated on the portion of the assel's use. Expenditure on charitable activities is incurred on directly undertaking the aclivilies which further the Charills objectives, as well as any associated support costs. All expendilure is inclusive of irrecoverable VAT. 2.4 Government grants Govemmeni grants relating lo langible fixed assats are treated as deferred Income and released to the Statement of Financial Activilies over Ihe expecled useful lives of the assets concerned. Other grants are Grediled to the Statement of Financial Activities as the related expenditure is incurred. 2.5 Interest receivable Interest on funds held on deposlt Is included when receivable and the arnount can be measured reliably by the Charity- this is nomially upon nolificalion of the interest paid or payable by the inslitulion with whom the funds are deposited. 2.6 Tangible fixed assets and depreciation Tangible fixed assets costing £NIL or more are ¢2pitalised and recognised wh8n future economlc benefits are probable and the cost or value of the asset can be measured reliably. Tangible fixed assets are Inilially recognised at cost. After recognition, under the cost model, tanglble rixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurernenl of cost. Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives. Depreciation is provided on Ihe following basis: Plant and machinery Fixtures and fittyngs 250/0 Straight line 250/. Reducsng balance 2.7 Debtors Trade and other debtor5 are recognised al the settlement amounl after any trade dlscount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Page 8
VILLAGE HALL TIA WRINGTON MEMORIAL HALL & RECREATION FIELD COMMirrEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcSes (continued) 2.8 Cash at bank and in hand Cash al bank and in hand includes cash and short-lerm highly liquid investments with a short maturity of three months or less from the date of acquisition or opening ol the dep051t or similar account. 2.9 Llablllties and provislons Liabilities are recognised when there is an obligation at the Balance Sheel date as a result of a past event. it is probable that a transfer of economic benefit will be required in settlemenl, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount thal the Charity anticipates Il wll pay to settle the debt or the amount it has received as advanced payments for the goods or serviS il must provide. Provisions are measured at the best eslimaie of the amounts required to settle the obllgation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-t2x discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Stalemenl of Financial Activities as a finance GOSI. 2.10 Flnanclal Snstruments The Charity only has financial assets and financial Ilabillties of a kind that qualify as basic financlal instruments. Basic financial instruments are initially recognised al transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured al amortised cost using the effective interest method. 2.11 Fund accounting General funds are unrestricted funds which are available for use al the discretion of the Trustees in furtherance of the general objectives of Ihe Charity and which have not been designated for other purposes. Investment income, gains and losses are allocaled to th8 appropriate fund, Income from donatlons and legacles Unrestricted funds 2025 Total funds 2025 Total funds 2024 Parish Trust Income 1.060 12,000 1,371 1.736 1,060 12.000 1,371 1,736 1,039 12,000 1,584 1.720 Parish Councll Grants Solar Panel Income Annual Club Rents 16,167 16.167 16,343 Page 9
VILLAGE HALL TIA WRINGTON MEMORIAL HALL & RECREATION FIELD COMMITfEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Investment Income Unrestricted funds 2025 Total funds 2025 Tot81 funds 2024 Bank interest receivable 65 65 Other Incoming resources Unrestrlcted funds 2025 Total funds 2025 Total funds 2024 Rental Income Other income 16,700 1,361 16,700 1,361 15.G34 1,530 18,061 18,061 76,564 Analysis of expenditure on charitable activities Summary by fund type Unrestricted funds 2025 Total funds 2025 Tol81 funds 2024 Charitable expenditure 41,196 41,196 44,093 Analysis of expenditure by actlvitles Support costs 2025 Total funds 2025 Total funds 2024 Charitable expenditure 41.196 41,196 44,093 Page 10
VILLAGE HALL TIA WRINGTON MEMORIAL HALL & RECREATION FIELD COMMIThEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Analysls of expendlture by activities (continued) Analysis of support costs Total funds 2025 Total funds 2024 Actlvitles 2025 Wages and salaries Accountancy Licence fees Employee pension scheme Water rates Llght, heal and power Insurance 20,692 804 407 2,075 798 6,663 545 20,692 804 20,579 780 407 1,663 526 8,261 438 4, 725 3,367 1,057 407 2,075 798 6,663 545 4,040 2,451 795 Repairs and maintenance Recreation field maintenance Telephone and fax Stationery and cleaning Sundry expenses Depreciation of plant and machinery Depreciation of fixtures and fittings Bank charges 4,040 2,451 795 693 101 100 966 693 101 820 182 1,288 100 966 66 66 41.196 41,196 44.093 Independent oxaminerfs remuneration The independent examinerfs remuneration amounts to an independent examiner fee of £804 (2024 £7801. Staff costs 2025 2024 Conlrfbution to defined contribution pension schemes Wages and salaries 2,075 20.692 1,663 20,579 22,767 22,242 Page11
VILLAGE HALL TIA WRINGTON MEMORIAL HALL & RECREATION FIELD COmMfEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Staff costs (continued) The average number of persons employed by the Charity during the year was as follows.. 2025 2024 Adminlslralion No employee re1Vd remuneration amounting to more than £60,000 in either year. 10. Trustees. remuneration and expenses During the year, no Trustees received any remuneration or other benefits (2024 £NILJ. During the year ended 31 March 2025, no Trustee expenses have been incurred (2024 - £NILJ. Tanglble flxed assets Plant and Fixtures and machlnery flttings Total Cost or valuation Al 1 April 2024 3,117 6,870 9.987 At 31 March 2025 3,117 6,870 9.987 Depreclatlon Al 1 April 2024 Charge for the year 2,818 100 3,006 966 5,824 1,066 At 31 March 2025 2,918 3,972 6,890 Net book value Al 31 March 2025 199 2,898 3,097 At 37 March 2024 299 3,864 4,163 Page 12
VILLAGE HALL TIA WRINGTON MEMORIAL HALL & RECREATION FIELD COMMIThEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 12. Debtors 2025 2024 Due within one year Trade debtors 278 278 Creditors: Amounts falling due within one year 2025 2024 AcGruals and deferred income 804 780 14. Flnanclal Instruments 2025 2024 Flnanclal assets Financial assets measured at fair value through Income and expenditure 4,301 9,835 15. Statement of funds Statement of funds - current year 8alance at 31 March 2025 Balance at 1 April 2024 Income Expendlture Unrestricted funds General Funds - all funds T3,496 34,294 {41,196} 6,594 Page 13
VILLAGE HALL TIA WRINGTON MEMORIAL HALL & RECREATION FIELD cOMMIEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 16. Analysls of net assets between funds Analysis of net assets between funds- current year Unrestricted funds 2025 Total funds 2025 Tanglble fixed assets Current assets Creditors due within one year 3.097 4,301 18041 3.097 4,301 (804) Total 6,594 6,594 Analysis of nel assets between funds - prior year Un$[riCted funds 2024 Total funds 2024 Tanglble fixed assets Current assets Credllors due wlthin one year 4,163 10.113 1780) 4.163 10,113 (780) Total 13,496 13,496 P2ge 14