Chiddingfold Vlllage Hall Charity (Charity No 305001) Trustees, Annual Re Startin ort forthe Year, ril 2023 and Endin st st 31 March 2024 Objectlves and Actlvlties The stated objects of the Charity under its governing scheme are "the provision and maintenance of village hall and facilities ancillary thereto for the use of the Inhabitants of the Parish of Chiddingfold without distinction of political, religious or other opinions including use for meetings, lectures and classes, and for other forms of recreation and leisure time occupation with the object of Improving the conditions of1Sfe for the sald inhabitants" The maln attivltles of the Charity are: the provlsion of indoor rental spaces {the Main Hall and the smaller Charles Watts Room) in a well maintained, attractive village hall for the use of village organisatlons and, to the extent not used by vlllage organisatlons, for use by others: and the runnlng of a village cinema. The Trustees conflrm that they have had regard to the guldance Issued by the Charity Commission on public beneflt. Achlevements and Performance 2023-24 saw lettings income Increase to £45,930 {an Improvement of 15.8%), largely due to increased non-resldent and commerclal hSrers. The Trustees are particularly pleased that the village hall Is now used regularly by the NHS Blood and Transplant Sep41ce for blood donatlon sesslons, providing convenient venue for local resldents to contrlbute to this vltal natlonal ser4ice. Chiddingfold Village Clnema contrlbuted a profit of £6,727- wlth ticket sales now close to pre-COVID levels. It Is hoped that the increasing availablllty of quallty fllms will further Sncrease cinema Income, thereby contrlbutlng to the funds available for the Charltvs projects. The PV electrlcity system generated tarlff Income of £1,671 durlng the year. Total Income Ilncludlng clnema receipts but excluding project grants/donatSons receSved (see below)) was £62,411 whilst operational outgoings were £43,108 an annual operating surplus of £19,303. Any operating Surplus is taken to the Charity's reserves which are used to fund project work and major maintenance activities. Durlng the year, the Trustees undertook the followlng projects to improve the facilities: the completion of the installation of LED lights in the Main Hall and Charles Watts Room {CWR), part executed in 2022123 {2023/24 expenditure £2,302); insulation/partial flooring and installation of an access ladder for the loft above the ONR 1£2,9831; {lii) refinishing of the celling and removal of the kltchen In the CWR I£1,8881; (iv) reflooring of the CWR, replacing the existing carpet tiles with a more hygienic vlnyl flooring {£3,7081; CVHC- Trustees, Report 2023-24 Illnall Pa8e I
Iv) replacement of the cinema projector {£10,8951; and Ivll installation of an externally accessible12417) defibrillator l£1,7211. These projects were funded from the Charltls reserves, supported by grants from Natlonal Lottery Awards for All 1£8,5571, Your Fund Surrey (£3,000), Chiddingfold Community Fund (£2,000}, Chiddingfold Parish Council (£2,000) and the Department of Health and Social Care (via London Hearts £816). Unfortunately during the year, the Charity continued to suffer damagellosses due to anti-social behaviour. Consideration may need to be given to improvlng security measures for the village hall in the coming year. Flnanclal Revlew The sources of the Charity's income and Its principal areas of expenditure are tabulated in the attachment. At the end of March 2024, the Charity's reserves were a total of £51,310, comprising: General Fund - £21,497: Thls reserve provides funds to enable the Charity to continue to provlde a reasonable level of servlce to the community Sn the event of exceptlonal or unforeseen circumstances such as: Emergency repairs to the facilities The loss of a significant income source Enforced closure This fund must also support the replacement of Items whlch are subject to general wear and tear, such as tables, chalrs and minor kltchen equlpment, crockery, utensils, etc.. As the cinema's operating surplus is asslgned entirelytothe Designated Improvements Fund, Kitchen Fund and Cinema Equipment Fund, increases in the General Fund rely on making a profit on lettings and the income generated by the PV electricity system. Deslgnated Improvements Fund (unrestrlcted) - £22,095: Thls resen4e provides funds to meet or contribute towards the cost of developlng/maintalning the facilities In furtherance of the Charity's objectives. It is anticipated that speclfic projects will be funded by both drawdowns from thls fund and project specific grants/donations. It benefits from 50% of the cinema's annual operating surplus. Kltchen Fund (unrestrlcted) - £4,380: This reserve is a "sinking. fund to allow the Charity to redevelop the newly refurbished kitchen when it reaches the end of its worklng life. It benefits from 25% of the clnema's annual operating surplus. Clnema Equlpment Fund (unrestrlcted)- £2.839: This reserve is a "sinking" fund to allow the Charity to replace the AV facilities at the end of their working life. It benefits from 25% of the clnema's annual operating surplus. Clnema Equlpment Fund (restrlcted}- £500: Thls reserve holds funds which were speclficallv donated towards the replacement of the AV facilities at the end of their working life. CVHC-Trustees' Report 2023-24 lflThall Page 2
These reserves are primarily held as monetary assets in a current account and two income-generating savings accounts held with Lloyd5 Bank (£37,187) together with a deposit {£13,7571 in COIF funds. A small amount of cash is held by the Cinema Sub-committee for use as floats at cinema performances and a small balance remains on the Charivs PayPal account (which is mainly used for the sale of cinema tickets). Structure, Governance and Management The Charity was established as an unincorporated association under a scheme for the regulation of th the Charity approved by the Charity Commission (dated 4 August 1992) which combined the adminlstration and management of two former charitles known as the Physical Training and Recreation Ground and the Chiddingfold Village Hall. This restructuring arose as part of the plan for the building of a new villa8e hall (the current building). The Charlty is managed by a Committee of Management (COMI of a maximum of 8 persons- however the Charity contlnues to experience dlfficulty in attracting new Trustees. The Committee of Management is responsible for all major decisions regarding the Charity and for approving all slgnificant expenditures. It meets at least quarterly. There is provision for up to 2 additional Trustees to be co-opted. The Charity has a Finance and Compliance Commlttee IFCCI whlch meets every 2 months and has delegated responslblllty for financlal matters, whlch are reported to the Com. All members of the FCC are Trustees. Day-to-day decisions regarding the operation of the cinema are delegated to the Clnema Sub- Commlttee, whlch Includes Trustees as members. Durlng thls year, the followlng persons were Trustees: Date Actln Start If not whole ear Name Christine Tebbot Vallssa Burnett Adam Stebbin8S lan McKie Offlce Ifan olnted B Parish Council * Elected Elected Elected/Parlsh Council * Olga van der Merwe Elected Georgia Lacey Elected Sheila Rapley Elected Sue Mitchell Elected * On the departure of Chr15tlne Tebbot (the Parlsh Councll's oppolnted Trustee), the Porish Councll (ot It5 meetlng on 23rd November2023J declded to nominote lon McKie (a PL7r15h counrlllorj as Its repre5entatlve- Mr McKle wos t71reody an elerted Trustee In h15 own rlghtj 31" Oct 2023 Treasurer Chairman Custodlan Trustee Chiddingfold Parish Councll acts as Custodian trustee for the Charity, as the Charity is an unincorporated association and cannot itself hold land/property assets. The Parish Council holds the freehold title to the village hall site on behalf of the Charitv. CVHC-Trustees' Report 2023-24 Iflnall Page 3
Reference and Admlnlstratlve Detalls Charivs Name: Chiddingfold Village Hall Charity Registered Charity No.: 305001 Charlty's Principal Address: Chiddingfold Village Hall Coxcombe Lane Chiddingfold Surrey GU8 4QA The Future The Trustees are pleased that the Charity managed to weather the operational and financlal difficulties arisingfrom the COVID pandemic and has emerged in a sound financial posltion. They wish to record their sincere thanks to the volunteers, grant giver5 and donors whose continued support is vltal to the future of the Charity and the servlces which It provides to the local community. The Charity lin common wlth slmllar organisatlons} continues to face financlal pressures and must husband its resources carefully. Higher general inflatlon Impacts on the Charity's costs and necessitates increases In charges for use of the facilities which are uncomfortable (and, in some case, unsustainable) for user groups. The recent energy efficiency measures undertaken by the Trustees (replacement of heating system and old doors, change to LED lighting and improved Insulation) are helping the Charity control its future costs (energy costs representin8 a signlflcant part of its operational expenditure) and hence the necessity to increase charges. In addition to managln8 day-to-day operatSons, the Trustees wlll focus on sourclng funding for and executing the remalning key projects {e.g. replacln8 the Maln Hall floor and Improvin8 securltyl to ensure that the standard of the facilltles Is malntained and they remain a valued resource for the local communlty. Declaratlons The Trustees declare that they have approved the Trustee5' report above. $18ned on behalf of the Charltvs Trustees Slgnature Full Name lan McKle Posltlon Chairman Date th 18 May 2024 CVHC-Trustees' Report 2023-24 Ifinall Page 4
CHIDDINGFOLD VILLAGE HALL CHARITY (Registered Charity 305001) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
STATEMENT OF ASSETS AND LIABILITIES AT 31 MARCH 2024
| This | Last | ||
|---|---|---|---|
| Year Total | Year Total | ||
| £ | £ | ||
| MONETARY ASSETS | |||
| Lloyds Treasurers a/c | 10,920 | 24,094 | |
| Lloyds Instant Access a/c | 15,128 | ||
| Lloyds 32 Days Notice a/c | 11,139 | ||
| COIF Deposit a/c | 13,757 | 13,119 | |
| Pay Pal a/c | 162 | 114 | |
| Cinema Floats | 205 | 190 | |
| 51,310 | 37,516 | ||
| REPRESENTED BY: | |||
| General Fund_(unrestricted)_ | 21,497 | 30,088 | |
| Designated Improvement Fund_(unrestricted)_ | 22,095 | 2,488 | |
| Kitchen Fund_(unrestricted)_ | 4,380 | 2,720 | |
| Cinema Equipment Fund_(unrestricted)_ | 2,839 | 2,220 | |
| Cinema Equipment Fund_(restricted)_ | 500 | ||
| 51,310 | 37,516 | ||
| NON-MONETARY ASSETS & LIABILITIES(Notes 6 & 8) | |||
| Assets | |||
| Buildings | 1,766,749 | 1,723,658 | |
| Contents | 50,625 | 68,707 | |
| 1,817,374 | 1,792,365 | ||
| Debtors | |||
| Amounts owing by hirers for bookings in 2023/24 | 1,193 | 1,296 | |
| Creditors & Loan | |||
| Deposits repayable to hirers for bookings in 2023/24 | 70 | ||
| Hire charges and deposits received from hirers for bookings in 2024/25 | 181 | ||
| Loan from ACRE taken out on 15th July 2021 for 8 years with interest @ 3.0% p.a. | Loan from ACRE taken out on 15th July 2021 for 8 years with interest @ 3.0% p.a. | 15,000 | 17,500 |
| 15,251 | 17,500 | ||
| Approved by the Management Committee on: | 03 May 2024 | and signed on its behalf by: | |
| Name | Signature | Date | |
| — | a | ||
| Adam Stebbings (Honorary Treasurer) | 03 May 2024 |
CHIDDINGFOLD VILLAGE HALL CHARITY (Registered Charity 305001) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
RECEIPTS AND PAYMENTS ACCOUNT
| Note RECEIPTS Lettings 2 Chiddingfold Cinema receipts 3 Grants 4 Donations 4 Solar panel Income 5 Interest on Lloyds and COIF deposit accounts Sundry income Total Receipts PAYMENTS Business rates Electricity & gas Water General maintenance Gardener Main Hall floor annual service Insurance 6 Security, alarm and fire systems Refuse collection Cleaning supplies Cleaner/Caretaker Laundering Telephone/Broadband Licences Advertising/Website Banking charges Sundries Booking Clerk Projects 7 Chiddingfold Cinema payments Loan repayments including interest Total Payments NET RECEIPTS / (PAYMENTS) RESERVES Balance Brought Forward 1 April 2023 Net Receipts / (Payments) Transfers Balance Carried Forward 31 March 2024 |
General Fund (unrestricted) Designated Improvement Fund (unrestricted) Kitchen Fund (unrestricted) Cinema Equipment Fund (unrestricted) Cinema Equipment Fund (Restricted) This Year Total Last Year Total £ £ £ £ £ £ £ 45,930 45,930 39,659 6,689 3,344 3,344 13,378 10,399 7,816 8,557 500 16,873 18,769 705 500 1,205 1,903 1,671 1,671 1,684 904 904 172 439 439 |
|---|---|
| 48,504 15,210 3,344 12,840 500 80,399 72,587 |
|
| 152 152 282 7,514 7,514 9,561 1,167 1,167 311 2,012 2,012 2,154 1,080 1,080 2,665 1,320 1,320 2,606 2,606 2,405 3,038 3,038 1,101 2,170 2,170 1,244 944 944 409 5,418 5,418 5,339 67 436 436 387 1,653 1,653 1,096 295 295 583 4 4 165 165 229 3,850 3,850 4,150 728 12,233 10,536 23,497 51,686 3,370 1,685 1,685 6,741 5,240 2,545 2,545 2,545 |
|
| 37,096 15,603 1,685 12,221 66,605 91,453 |
|
| 11,409 (393) 1,659 619 500 13,794 (18,867) |
|
| 30,088 2,488 2,720 2,220 37,516 56,383 11,409 (393) 1,659 619 500 13,794 (18,867) (20,000) 20,000 |
|
| 21,497 22,095 4,380 2,839 500 51,310 37,516 |
Summary of Key Revenue Sources (excluding projects, related grants and donations)
| Receipts Payments Net receipts |
This Year Last Year £ £ 45,930 39,659 36,367 34,527 Lettings |
Chiddingfold Village Cinema This Year Last Year £ £ Receipts 13,378 10,399 Payments 6,741 5,240 Net receipts 6,637 5,159 |
Chiddingfold Village Cinema This Year Last Year £ £ Receipts 13,378 10,399 Payments 6,741 5,240 Net receipts 6,637 5,159 |
|
|---|---|---|---|---|
| 9,562 5,132 |
6,637 5,159 |
|||
CHIDDINGFOLD VILLAGE HALL CHARITY (Registered Charity 305001) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
NOTES TO THE FINANCIAL STATEMENTS
- 1 Basis of Accounts
These accounts have been prepared on a receipts and payments basis and in accordance with s.133 of the Charities Act 2011.
- 2 Lettings
Lettings receips include all monies received during the year from the letting of the Main Hall and the Charles Watts Room. This income includes a total of £940 received as late payments for lettings made by hirers in the previous year, but excludes receipts of £1,193 for bookings taking place in 2023/24 which were uncollected at the year-end. Income also includes receipts of £181 relating to bookings in 2024/25. Returnable event deposits amounting to £70 were owing at the year-end.
3 Chiddingfold Village Cinema
Cinema receipts and payments for the year have been taken to reserves and split between the Designated Improvement Fund (unrestricted) (50%), the Kitchen Improvement Fund (unrestricted) (25%) and the Cinema Improvement Fund (Unrestricted) (25%).
| 4 Chiddingfold Parish Council Community Foundation for Surrey Unrestricted Community Foundation for Surrey Restricted London Hearts Unrestricted National Lottery - Awards for All England Unrestricted Surrey County Council - Your Fund Surrey Unrestricted The following donations towards various projects were received during the year: Chiddingfold Fete (Kitchen Fund) Chiddingfold Bonfire Committee (Cinema Equipment Fund) Other donations The following grants towards various projects were received during the year: Grants and Donations |
£ 2,000 2,000 500 816 8,557 3,000 |
|---|---|
| 16,873 | |
| £ 700 500 5 |
|
| 1,205 |
- 5 PV (Solar) Panel Income (EDF)
The PV solar panel system was operational throughout the year and generated recipts of £1,671.
- 6 Insurance The Charity's insurance coverage includes £500,000 of trustees indemnity insurance.
The valuation shown for the Charity's non-monetary assets are those taken from the Charity's most recent insurance policy's asset valuatons plus the value of amy other asset purchases made during the period.
7 Projects
During the period, the Charity expended £23,497 on the following projects which were funded from £ grants and donations received, plus brought forward designated reserves: Cinema Equipment 10,895 CWR Reflooring 3,708 Loft Works 2,983 CWR LED Lighting 2,302 CWR Refurbishment 1,888 Defibrillator 1,721 23,497
8 Non-Monetary Assets
The village hall land/building are held by Chiddingfold Parish Council as Custodian Trustee as the Charity is unincorporated.
The lease from Waverley Borough Council for the tennis courts on Coxcombe Lane Recreation Ground is also held by Chiddingfold Parish Council, nominally for the Charity. However, the Charity no longer has any involvement in the operation and maintenance of these courts - they are operated and funded by Chiddingfold Parish Council.
REPORT OF THE INDEPENDENT EXAMINER TO THE COMMITTEE OF MANAGEMENT OF THE CHIDDINGFOLD VILLAGE HALL CHARITY
In accordance with the provisions of s.145 of the Charities Act 2011, I have examined the receipts and payments accounts and statement of assets and liabilities of the Chiddingfold Village Hall Charity relating to the year ended 31st March 2024.
This examination did not extend to a comprehensive audit of such accounts or statement. I confirm that the accounts and statement accord with the accounting records of the Charity and that such records satisfy the requirements of the Act.
I am not aware of any matter to which attention needs to be drawn in order to obtain a proper understanding of the accounts.
Signed:
Independent Examiner Date: 06 May 2024
Name: Vic Bradford (Qualified with CIPFA in 1978, and a member between then and 2015 but no longer a Member of the Institute)
Address: 10 Oak Close, Chiddingfold, Surrey, GU8 4SA
CHIDDINGFOLD VILLAGE HALL CHARITY (Registered Charity 305001) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
STATEMENT OF ASSETS AND LIABILITIES AT 31 MARCH 2024
| This | Last | ||
|---|---|---|---|
| Year Total | Year Total | ||
| £ | £ | ||
| MONETARY ASSETS | |||
| Lloyds Treasurers a/c | 10,920 | 24,094 | |
| Lloyds Instant Access a/c | 15,128 | ||
| Lloyds 32 Days Notice a/c | 11,139 | ||
| COIF Deposit a/c | 13,757 | 13,119 | |
| Pay Pal a/c | 162 | 114 | |
| Cinema Floats | 205 | 190 | |
| 51,310 | 37,516 | ||
| REPRESENTED BY: | |||
| General Fund_(unrestricted)_ | 21,497 | 30,088 | |
| Designated Improvement Fund_(unrestricted)_ | 22,095 | 2,488 | |
| Kitchen Fund_(unrestricted)_ | 4,380 | 2,720 | |
| Cinema Equipment Fund_(unrestricted)_ | 2,839 | 2,220 | |
| Cinema Equipment Fund_(restricted)_ | 500 | ||
| 51,310 | 37,516 | ||
| NON-MONETARY ASSETS & LIABILITIES(Notes 6 & 8) | |||
| Assets | |||
| Buildings | 1,766,749 | 1,723,658 | |
| Contents | 50,625 | 68,707 | |
| 1,817,374 | 1,792,365 | ||
| Debtors | |||
| Amounts owing by hirers for bookings in 2023/24 | 1,193 | 1,296 | |
| Creditors & Loan | |||
| Deposits repayable to hirers for bookings in 2023/24 | 70 | ||
| Hire charges and deposits received from hirers for bookings in 2024/25 | 181 | ||
| Loan from ACRE taken out on 15th July 2021 for 8 years with interest @ 3.0% p.a. | Loan from ACRE taken out on 15th July 2021 for 8 years with interest @ 3.0% p.a. | 15,000 | 17,500 |
| 15,251 | 17,500 | ||
| Approved by the Management Committee on: | 03 May 2024 | and signed on its behalf by: | |
| Name | Signature | Date | |
| — | a | ||
| Adam Stebbings (Honorary Treasurer) | 03 May 2024 |
CHIDDINGFOLD VILLAGE HALL CHARITY (Registered Charity 305001) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
RECEIPTS AND PAYMENTS ACCOUNT
| Note RECEIPTS Lettings 2 Chiddingfold Cinema receipts 3 Grants 4 Donations 4 Solar panel Income 5 Interest on Lloyds and COIF deposit accounts Sundry income Total Receipts PAYMENTS Business rates Electricity & gas Water General maintenance Gardener Main Hall floor annual service Insurance 6 Security, alarm and fire systems Refuse collection Cleaning supplies Cleaner/Caretaker Laundering Telephone/Broadband Licences Advertising/Website Banking charges Sundries Booking Clerk Projects 7 Chiddingfold Cinema payments Loan repayments including interest Total Payments NET RECEIPTS / (PAYMENTS) RESERVES Balance Brought Forward 1 April 2023 Net Receipts / (Payments) Transfers Balance Carried Forward 31 March 2024 |
General Fund (unrestricted) Designated Improvement Fund (unrestricted) Kitchen Fund (unrestricted) Cinema Equipment Fund (unrestricted) Cinema Equipment Fund (Restricted) This Year Total Last Year Total £ £ £ £ £ £ £ 45,930 45,930 39,659 6,689 3,344 3,344 13,378 10,399 7,816 8,557 500 16,873 18,769 705 500 1,205 1,903 1,671 1,671 1,684 904 904 172 439 439 |
|---|---|
| 48,504 15,210 3,344 12,840 500 80,399 72,587 |
|
| 152 152 282 7,514 7,514 9,561 1,167 1,167 311 2,012 2,012 2,154 1,080 1,080 2,665 1,320 1,320 2,606 2,606 2,405 3,038 3,038 1,101 2,170 2,170 1,244 944 944 409 5,418 5,418 5,339 67 436 436 387 1,653 1,653 1,096 295 295 583 4 4 165 165 229 3,850 3,850 4,150 728 12,233 10,536 23,497 51,686 3,370 1,685 1,685 6,741 5,240 2,545 2,545 2,545 |
|
| 37,096 15,603 1,685 12,221 66,605 91,453 |
|
| 11,409 (393) 1,659 619 500 13,794 (18,867) |
|
| 30,088 2,488 2,720 2,220 37,516 56,383 11,409 (393) 1,659 619 500 13,794 (18,867) (20,000) 20,000 |
|
| 21,497 22,095 4,380 2,839 500 51,310 37,516 |
Summary of Key Revenue Sources (excluding projects, related grants and donations)
| Receipts Payments Net receipts |
This Year Last Year £ £ 45,930 39,659 36,367 34,527 Lettings |
Chiddingfold Village Cinema This Year Last Year £ £ Receipts 13,378 10,399 Payments 6,741 5,240 Net receipts 6,637 5,159 |
Chiddingfold Village Cinema This Year Last Year £ £ Receipts 13,378 10,399 Payments 6,741 5,240 Net receipts 6,637 5,159 |
|
|---|---|---|---|---|
| 9,562 5,132 |
6,637 5,159 |
|||
CHIDDINGFOLD VILLAGE HALL CHARITY (Registered Charity 305001) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
NOTES TO THE FINANCIAL STATEMENTS
- 1 Basis of Accounts
These accounts have been prepared on a receipts and payments basis and in accordance with s.133 of the Charities Act 2011.
- 2 Lettings
Lettings receips include all monies received during the year from the letting of the Main Hall and the Charles Watts Room. This income includes a total of £940 received as late payments for lettings made by hirers in the previous year, but excludes receipts of £1,193 for bookings taking place in 2023/24 which were uncollected at the year-end. Income also includes receipts of £181 relating to bookings in 2024/25. Returnable event deposits amounting to £70 were owing at the year-end.
3 Chiddingfold Village Cinema
Cinema receipts and payments for the year have been taken to reserves and split between the Designated Improvement Fund (unrestricted) (50%), the Kitchen Improvement Fund (unrestricted) (25%) and the Cinema Improvement Fund (Unrestricted) (25%).
| 4 Chiddingfold Parish Council Community Foundation for Surrey Unrestricted Community Foundation for Surrey Restricted London Hearts Unrestricted National Lottery - Awards for All England Unrestricted Surrey County Council - Your Fund Surrey Unrestricted The following donations towards various projects were received during the year: Chiddingfold Fete (Kitchen Fund) Chiddingfold Bonfire Committee (Cinema Equipment Fund) Other donations The following grants towards various projects were received during the year: Grants and Donations |
£ 2,000 2,000 500 816 8,557 3,000 |
|---|---|
| 16,873 | |
| £ 700 500 5 |
|
| 1,205 |
- 5 PV (Solar) Panel Income (EDF)
The PV solar panel system was operational throughout the year and generated recipts of £1,671.
- 6 Insurance The Charity's insurance coverage includes £500,000 of trustees indemnity insurance.
The valuation shown for the Charity's non-monetary assets are those taken from the Charity's most recent insurance policy's asset valuatons plus the value of amy other asset purchases made during the period.
7 Projects
During the period, the Charity expended £23,497 on the following projects which were funded from £ grants and donations received, plus brought forward designated reserves: Cinema Equipment 10,895 CWR Reflooring 3,708 Loft Works 2,983 CWR LED Lighting 2,302 CWR Refurbishment 1,888 Defibrillator 1,721 23,497
8 Non-Monetary Assets
The village hall land/building are held by Chiddingfold Parish Council as Custodian Trustee as the Charity is unincorporated.
The lease from Waverley Borough Council for the tennis courts on Coxcombe Lane Recreation Ground is also held by Chiddingfold Parish Council, nominally for the Charity. However, the Charity no longer has any involvement in the operation and maintenance of these courts - they are operated and funded by Chiddingfold Parish Council.
REPORT OF THE INDEPENDENT EXAMINER TO THE COMMITTEE OF MANAGEMENT OF THE CHIDDINGFOLD VILLAGE HALL CHARITY
In accordance with the provisions of s.145 of the Charities Act 2011, I have examined the receipts and payments accounts and statement of assets and liabilities of the Chiddingfold Village Hall Charity relating to the year ended 31st March 2024.
This examination did not extend to a comprehensive audit of such accounts or statement. I confirm that the accounts and statement accord with the accounting records of the Charity and that such records satisfy the requirements of the Act.
I am not aware of any matter to which attention needs to be drawn in order to obtain a proper understanding of the accounts.
Signed:
Independent Examiner Date: 06 May 2024
Name: Vic Bradford (Qualified with CIPFA in 1978, and a member between then and 2015 but no longer a Member of the Institute)
Address: 10 Oak Close, Chiddingfold, Surrey, GU8 4SA