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2024-12-31-accounts

PULBOROUGH VILLAGE HALL (Pulborough Social Centre) Registered Charity No. 305409/2

SWAN VIEW, LOWER STREET, PULBOROUGH, WEST SUSSEX, RH20 2BF Telephone 01798 874647 Manager Email admin@pulbvh.org.uk Denise Newson Web www.pulbvh.org.uk Chairman of Trustees Mr Ray Quested Minutes of the AGM of Pulborough Village Hall, held on Monday 25" March 2024 at 11.00am

PRESENT Mr R Quested (Chairman), Mrs B Thomas (Vice Chairman), Mrs E Henly, Mrs G Chandler, Mrs G Wilson, Mr P Clarke, Mr W Dean Taylor (Treasurer), Ms D Newson (Manager), Mrs E Latter (Administrator), Mr J Dunstan

APOLOGIES Mrs J Esdaile

MINUTES OF THE LAST MEETINGsigned by the Chairman as a true representation of the meeting.

MATTERS ARISING - None

CHAIRMANS REPORT - This was circulated to all in attendance ADOPTION OF CHAIRMANS REPORT - Proposed by Mrs G Wilson and seconded by Mrs B Thomas

PRESENTATION OF ACCOUNTS - Y/E 31/12/2023 - WODT gave everyone present a copy of the latest accounts and explained that although our income was down on the previous year (£86K as opposed to £93K for 2022) we had done surprisingly well considering the impact of losing an annual income of £24000 from WSCC Children & Family Centre.

The COIF account, did well and made up for some of the overall loss.

Mr Clarke enquired as to the purpose of the recoupment fund. WDT explained that because some of the charity land was sold off for residential development, the Charity Commission insisted that a Recoupment Investment Fund was set up, whereby an agreed amount was to be paid into the fund annually (currently £500) over a 100-year period. The idea being this accumulated sum would be sufficient to cover re-building costs.

Finally WDT advised that the overall cash available of £91k, was a strong position to be in. WDT requested that Mrs Ball who examined our accounts last year, be asked to do so again this year.

ADOPTION OF ACCOUNTS and PROPOSED ACCOUNT EXAMINER - Proposed by Mrs B Thomas and seconded by Ms G Chandler

ELECTION OF TRUSTEES All of the Trustees, indicated that they were willing to stand again.

ANY OTHER BUSINESS

Mrs Chandler mentioned the need for cleaning cover for when our current cleaner will be off sick and also mentioned the higher rates of pay that temporary cleaners charge in comparison to a permanent position. Mr Dunstan pointed out that a permanent position does though come with other benefits, i.e paid holiday, pension contributions etc.

The electricity contract renewal was discussed and Trustees approved a 12-month contract with Smartest Energy from mid-April 2024.

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Mrs Thomas asked to minute the thanks of the Trustees to WDT and Mr Dunstan for all of their
input and hard work throughout the year. f))t f WA ly [Z,]
The meeting closed at 11.20am aVjf /}t ; op,3 5 __
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PULBOROUGH VILLAGE HALL (Pulborough Social Centre) Registered Charity No. 305409/2

SWAN VIEW, LOWER STREET, PULBOROUGH, WEST SUSSEX, RH20 2BF

Telephone 01798 874647 Email admin@pulbvh.org.uk Web www.pulbvh.org.uk

Manager Denise Newson Chairman Raymond Quested

Chairman’s Report for y/e 31% December 2024

The last year has been somewhat challenging.

Lettings have remained reasonably constant and we have started to showa slight increase in bookings which is encouraging.

The main problem we are encountering is the cost of energy that has gone up considerably over the past year. We have lost the advantage of a well negotiated long-term gas and electric contracts that have expired and new contracts are extremely higher. We are seeking to encourage of lessees, particularly regular service users to not be wasteful when it comes to energy usage.

The grass bank opposite the Village Hall appears to be an area of concern in respect of its upkeep and maintenance. In this respect and for the purposes of clarity, we have undertaken the process of establishing ownership of the bank.

All our staff continue to carry out their work in an exemplary manner, many times going the extra mile to ensure users are well served and that security and safety is paramount.

There is still much to be done over the coming years to maintain the Hall in a fit and proper state and we hope that both the local council and the district council will support our efforts in that regard.

Finally, many thanks to our trustees and to our accountant Warwick, for the support that I have received over the past year.

PULBOROUGH SOCIAL CENTRE

(Registered Charity No 305409)

Statement of Financial Activities for the year ended 31 December 2024

General Endowment Total
Income Fund Funds
Fund 2024 2023
Notes INCOMING RESOURCES £ £ £ £
1 Hall Rental 83971 83971 85898
SundryIncome 148 148 328
Grants & Donations 50 50 1930
COIF Deposit Interest 2023 2023 1411
TOTAL INCOMING RESOURCES 86192 86192 89567
RESOURCES EXPENDED
Direct Charitable Expenditure
Village Hall Costs
Wages
Administration
Caretaking
30291
7376
29087
6920
Cleaning
Mainten & Gdn
14285
8134
12130
5853
60086 53990
Cleaning Contractors/Materials 3365 3328
Light& Heat 15281 9279
Water 1712 1194
Insurance 4892. 4453
Licences 159 298
Telephone 809 406
Postage & Stationery 591 840
Repairs & Renewals 5930 12097
General Expenses 437 708
Advertising
Bank Charges
105
105
90
141
Horsham District Council Rates 534 475
2 Depreciation 2672 2983
96678 96678 90282
Other Expenditure
Accountancy 4920 4920 4900
Total Expenditure 101598 101598 95182
Profit
/ Loss on COIF Inves (Note 5)
2634 2634 4385
NETSURPLUS / -LOSS -15,406 2634 -12772 -1,230
Fund Balances b/forward 1,142,852 141,140 1,283,992 1,285,222
3 Transfers between Funds -500 500
FundBalancesc/forward 1,126,946 144,274 1,271,220 1,283,992

PULBOROUGH SOCIAL CENTRE

(Registered Charity No 305409)

Balance Sheet as at 31 December 2024

Notes
2024 2023
£ £
4 FIXED ASSETS
Land at Valuation 100,000 100,000
Buildings 1,026,182 1,026,182
Fixtures & Fittings 20,454 22,727
Other Fixed Assets 3,290 3,656
Computer 62 96
1,149,988 1,152,661
Recoupment Investment
5 COIF Fund 42,164 39,640
1,192,152 1,192,301
CURRENTASSETS
NatWest CurrentAccount 21,152 31,541
COIF Deposit Fund 54,045 51,411
Debtors 2,005 4,468
Insurance paid in advance 4,146 4,063
United Hygiene Paid in Advance 462
Cash Float 50 50
81,398 91,995
CURRENT LIABILITIES
Rental Income in Advance 134
Creditors & Accruals 2196 304
Damage Deposits Held
2,330 304
NETCURRENTASSETS 79,068 91,691
NETASSETS 1,271,220 1,283,992
FUNDS
General Income Fund 1,126,946 1,142,852
Endowment Fund 144,274 141,140
TOTALFUNDS 1,271,220 1,283,992

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Signed (Chairman) on behalf of The Trustees Date
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4 / a | c
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PULBOROUGH SOCIAL CENTRE (Registered Charity No 305409)

Notes to the Accounts for the year ended 31 December 2024

Accounting Policies

These Accounts have been prepared under the historic cost convention & in accordance with applicable accounting standards and the Statement of Recommended Practice on Accounting for Charities.

Notes

1 Hall Rental

An analysis of the separate halls is attached to these Accounts

2&4
Fixed Assets &
Depreciation
Land Buildings Fix & Fits Others Office Total
£ £ £ £ £
Values at 01 01 2024 100,000 1,026,182 22,727 3,656 96 1,152,661
100,000 1,026,182 22,727 3,656 96 1,152,661
Depreciation perannum 10.00% 10.00% 35.00%
Depreciation 2,273 366 34 £ 2,672
Net BookValue 100,000 1,026,182 20,454 3,290 62 1,149,988
at31122024

The Land and Buildings have not been re-valued and remain at Book Value. Having taken heed of the revelant Accounting Conventions, the Trustees have agreed that the Buildings will not be depreciated as from 1 January 2003. It has been confirmed by a Chartered Surveyor in 2000 that the buildings had a useful life of at least 100 years and a Recoupment Order is in place for this period of time.

3 The Charity Commissioners agreed a new Recoupment Order on 25 May 2000. The New Order is to recoup £500 per annum for a further 96 years from 2000. (£2124, representing 4 years plus accrued interest, was paid into the COIF fund in the year 2000)

This replaces the previous arrangement which would have been paid. Years 2000 & 2001 £3,176.40 perannum Years 2002 to 2006 £4,073.00 perannum Years 2007 to 2056 £9,165.20 perannum

5 Recoupment Investment

5
Recoupment Investment
5
Recoupment Investment
5
Recoupment Investment
5
Recoupment Investment
161.78 units each valued at 24800.03p and totalling £42,163.59 were held in the
Charities Official Investment Fund (COIF) as at 31 December2024
This represented a Gain of £2023.22 (5%) for the year 2024
Thefollowing units have been purchased: B/fwd 111.59 units
2000 35.15 units 2011 6.08 units
2001 8.22 units 2012 5.92 units
2002 9.56 units 2013 5.22 units
2003 11.81 units 2014 4.66 units
2004 9.77 units 2015 4.18 units
2005 8.55 units 2016 3.92 units
2006 7.10 units 2017 3.37 units
2007 Nil units 2018 3.14 units
2008 7.23 units 2019 2.71 units
2009 7.34 units 2020 2.58 units
2010 6.86 units 2021 2.23 units
C/fwd 111.59 units 2022 2.10 units
2023 2.14 units
2024 1.94 units
161.78units

“csp’y) CHARITY COMMISSION | independent examiner's report on the FOR ENGLAND AND WALES accounts |

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Section A Independent Examiner’s Report
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Report to the trustees of | [PULBOROUGH] [SOCIAL] [CENTRE]
AICs for On year ended 31 st December 2024 Charity4 no | 305409
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Set out on pages |ONE to THREE
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| report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2024

As the charity's trustees, you are responsible for the preparation of the Responsibilities and accounts in accordance with the requirements of the Charities Act 2011 basis of report (‘the Act”).

| 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.

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Name: | LINDA BALL
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Relevant professional | West Sussex Local Authority School Business Manager qualification(s) or body

(if any):

Section B

Disclosure

1

Give here brief details of any items that the examiner wishes to disclose.

2

PULBOROUGH SOCIAL CENTRE

(Registered Charity No 305409)

Statement of Financial Activities for the year ended 31 December 2024

General Endowment Total
Income Fund Funds
Fund 2024 2023
Notes INCOMING RESOURCES £ £ £ £
1 Hall Rental 83971 83971 85898
SundryIncome 148 148 328
Grants & Donations 50 50 1930
COIF Deposit Interest 2023 2023 1411
TOTAL INCOMING RESOURCES 86192 86192 89567
RESOURCES EXPENDED
Direct Charitable Expenditure
Village Hall Costs
Wages
Administration
Caretaking
30291
7376
29087
6920
Cleaning
Mainten & Gdn
14285
8134
12130
5853
60086 53990
Cleaning Contractors/Materials 3365 3328
Light& Heat 15281 9279
Water 1712 1194
Insurance 4892. 4453
Licences 159 298
Telephone 809 406
Postage & Stationery 591 840
Repairs & Renewals 5930 12097
General Expenses 437 708
Advertising
Bank Charges
105
105
90
141
Horsham District Council Rates 534 475
2 Depreciation 2672 2983
96678 96678 90282
Other Expenditure
Accountancy 4920 4920 4900
Total Expenditure 101598 101598 95182
Profit
/ Loss on COIF Inves (Note 5)
2634 2634 4385
NETSURPLUS / -LOSS -15,406 2634 -12772 -1,230
Fund Balances b/forward 1,142,852 141,140 1,283,992 1,285,222
3 Transfers between Funds -500 500
FundBalancesc/forward 1,126,946 144,274 1,271,220 1,283,992

PULBOROUGH SOCIAL CENTRE

(Registered Charity No 305409)

Balance Sheet as at 31 December 2024

Notes
2024 2023
£ £
4 FIXED ASSETS
Land at Valuation 100,000 100,000
Buildings 1,026,182 1,026,182
Fixtures & Fittings 20,454 22,727
Other Fixed Assets 3,290 3,656
Computer 62 96
1,149,988 1,152,661
Recoupment Investment
5 COIF Fund 42,164 39,640
1,192,152 1,192,301
CURRENTASSETS
NatWest CurrentAccount 21,152 31,541
COIF Deposit Fund 54,045 51,411
Debtors 2,005 4,468
Insurance paid in advance 4,146 4,063
United Hygiene Paid in Advance 462
Cash Float 50 50
81,398 91,995
CURRENT LIABILITIES
Rental Income in Advance 134
Creditors & Accruals 2196 304
Damage Deposits Held
2,330 304
NETCURRENTASSETS 79,068 91,691
NETASSETS 1,271,220 1,283,992
FUNDS
General Income Fund 1,126,946 1,142,852
Endowment Fund 144,274 141,140
TOTALFUNDS 1,271,220 1,283,992

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Signed (Chairman) on behalf of The Trustees Date
—\
4 / a | c
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PULBOROUGH SOCIAL CENTRE (Registered Charity No 305409)

Notes to the Accounts for the year ended 31 December 2024

Accounting Policies

These Accounts have been prepared under the historic cost convention & in accordance with applicable accounting standards and the Statement of Recommended Practice on Accounting for Charities.

Notes

1 Hall Rental

An analysis of the separate halls is attached to these Accounts

2&4
Fixed Assets &
Depreciation
Land Buildings Fix & Fits Others Office Total
£ £ £ £ £
Values at 01 01 2024 100,000 1,026,182 22,727 3,656 96 1,152,661
100,000 1,026,182 22,727 3,656 96 1,152,661
Depreciation perannum 10.00% 10.00% 35.00%
Depreciation 2,273 366 34 £ 2,672
Net BookValue 100,000 1,026,182 20,454 3,290 62 1,149,988
at31122024

The Land and Buildings have not been re-valued and remain at Book Value. Having taken heed of the revelant Accounting Conventions, the Trustees have agreed that the Buildings will not be depreciated as from 1 January 2003. It has been confirmed by a Chartered Surveyor in 2000 that the buildings had a useful life of at least 100 years and a Recoupment Order is in place for this period of time.

3 The Charity Commissioners agreed a new Recoupment Order on 25 May 2000. The New Order is to recoup £500 per annum for a further 96 years from 2000. (£2124, representing 4 years plus accrued interest, was paid into the COIF fund in the year 2000)

This replaces the previous arrangement which would have been paid. Years 2000 & 2001 £3,176.40 perannum Years 2002 to 2006 £4,073.00 perannum Years 2007 to 2056 £9,165.20 perannum

5 Recoupment Investment

5
Recoupment Investment
5
Recoupment Investment
5
Recoupment Investment
5
Recoupment Investment
161.78 units each valued at 24800.03p and totalling £42,163.59 were held in the
Charities Official Investment Fund (COIF) as at 31 December2024
This represented a Gain of £2023.22 (5%) for the year 2024
Thefollowing units have been purchased: B/fwd 111.59 units
2000 35.15 units 2011 6.08 units
2001 8.22 units 2012 5.92 units
2002 9.56 units 2013 5.22 units
2003 11.81 units 2014 4.66 units
2004 9.77 units 2015 4.18 units
2005 8.55 units 2016 3.92 units
2006 7.10 units 2017 3.37 units
2007 Nil units 2018 3.14 units
2008 7.23 units 2019 2.71 units
2009 7.34 units 2020 2.58 units
2010 6.86 units 2021 2.23 units
C/fwd 111.59 units 2022 2.10 units
2023 2.14 units
2024 1.94 units
161.78units

“csp’y) CHARITY COMMISSION | independent examiner's report on the FOR ENGLAND AND WALES accounts |

----- Start of picture text -----
Section A Independent Examiner’s Report
----- End of picture text -----

----- Start of picture text -----
Report to the trustees of | [PULBOROUGH] [SOCIAL] [CENTRE]
AICs for On year ended 31 st December 2024 Charity4 no | 305409
----- End of picture text -----*

----- Start of picture text -----
Set out on pages |ONE to THREE
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| report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2024

As the charity's trustees, you are responsible for the preparation of the Responsibilities and accounts in accordance with the requirements of the Charities Act 2011 basis of report (‘the Act”).

| 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.

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Name: | LINDA BALL
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Relevant professional | West Sussex Local Authority School Business Manager qualification(s) or body

(if any):

Section B

Disclosure

1

Give here brief details of any items that the examiner wishes to disclose.

2