Calf Heath Village Hajl Charity No. 504970 Trustee's FÈport and Unauditgj Acmunls 28 February 2025 C>1 Acxx)unting &)lulions Ltd artered Management P4x£)untants
Calf Heath Village H8Jl Contents Pdges arily Information Trustees Annud Fèport atement of the Trustees, FÈ0nSbil1tieS Independent Examiners FÈporl an eet Notesto the A(munts 9-11 Detailed &atement of nancia Adivities 12 Page 1
Calf Heath Village H8Jl TrusleesAnnual FÈporl Charity Information Charity Name Calf Heath Village Hal arily No. 504970 Ftincapal (Jfi &raight M ile Calf Healh Wolverhampton WV10 7DW FÈgistered Offi raight M ile Calf Healh Wolverhampton WV10 7DW Truslees The following tru&ee rVed during the year: S Hid<man C Hacket L thCkn &ankers days &ank Flc 20 Market F1 Cannod( affordshire WS11 1Jii Actt)untants Cll A(uJunting S)lulions Lld Orchard House Pellamour Way Colton Fbgeley WSI 5 3LN Page 2
Calf Heath Village H8Jl TrusleesAnnual FÈporl The Trustees have the plere in presenting their Annual Fèporl and the nanal &atemenlsof the charity for the year ended 28 February 2025. &atutory PAckground clion 162 arItieS Act 2011 and The Charilies (Pmjuntsand FÈportsl FÈgulations 2008 made Ihereunder require the Truaees to prepare, in ree¢t of eath finanoaj year, an annuai report o)ntaining preibed information and to bmit ch report lo the arItY Cbmmissoner& having attathed it to the financial statement of accountsfor wch finanad year. The TrusteeSa1 take acmunt of the Charity OJmmi&90ners &atemenl of Pecommended Prac11 appli(able to charities preparing their aoJ)unts in a(rdan with the nancial Peporting sandard applicable in the UKand Fèpublicof Ireland publithed on 16 lY 2014. Peferen and Administrative Information Calf Healh Village Hal isa mmunitY hall built by lo(al re9denlsfrom funds by locaj regdents in 1978. The Charity's regiaration number is504970. The Ctharity'sprincipal address is&raight Mile, &lf Heath. Wolverhampton. WV10 7DW. The Trusteeswho served Ihe tharity during the year were asfollows: MrsSHickmann M rs C Hackett Ms Ld(n The Trusteesare elected annually at the Annual e£neral Meeting. &ructure, )Vernan and ManaFment The Charity was established by adedaration ol trusl date 23 thuary 1976 and isan unin(x)rporated asyjaation. The objective of Calf Heath Village Hatl islo maintan the upkeep of the village hajl. This isdone Ihrough the genera manager and with pport ad approvat of the volunteer management Mmittee. The ox)mmillee is made up of the Trustees and volunteers and isopen to anyone interested in sjpporting the hall. The hajl is linSed for aJ(x)hol, musc and live performan The Trustees have cxjmplied with the duty section 17 {5) of the CharitiesAct 2011 asamended by the Charilies Act 2006 to have adue regard lo the guidan publithed by the arItY Commisgon. The Trustees meet inform8Jly on a regular ba9& Che formaj Trueeg Meeting is held each year. The Trustees have examined the major strategic, bugne&s and operational rig(s that the Foundation faS and are satislied that the systemsare in pl lo mitigate exp0re to the major ris CJ)jedives and Adivites The objectivesof the tharity islo provide avenue for event& mtingsand for 4)eoai fUnctionsth as weddings and birthday parties A range of activities are regularly held for young people and old alike. Rjndragng eventsare supposed to raise money for children's OrganitiOnS ho4)1 and naliond tharilie& Page 3
Calf Heath Village H8Jl TrusleesAnnual FÈporl l am pleased to prent the aIr'S Fr1 for Calf Heath Village Hail for the finanoaj year ending February 28, 2025. Once again, Ihe hall hasCntInUed to thrive asa key hub for ¢xmmunily activity, offering a welcximing Spa for loc21 group& private eventsand wider cx)mmunity engagement. This year hasseen further growth in our finanaaf postion. Total InMe InCread sgnificantly to £50,422, supported by strong hall lettings and a W(&SfUl grant appli(ation, ajongsde o)ntinued bank interest. We were particularly pled to re1ve £11,995 in grant inLX)me. which has made a notable difference to our financial reglien and ability to inve& in the hall. Expenditure ro to £23,627, reflecling InCread aLivity, entIal rnntenan and general running cost4 including new capital inve&mentsin equipment and infrastrudure. Depreaation al) rose, following further improvementslo fixturesand plant. The improvements are vitd to enrIng the hdl remains a sale, modern and a(e&ble facality for the o)mmunity. r net asts have grown to £124.441, up from £97.646 the previousyear-adear indicator of prudenl financial management and our ongoing o)mmitment to 9JStanability. C)Jr trustee team remaned &able thisyear. with no thangesto the board. I would like to extend my 9nre thanksto Carol Hathelt. Loui and all volunteerswho dedi(alion and community q)irit continue to underpin the hall's SJ(&& Looking ahead, we remain fO[*d on enhanang the hall'sofferings new funding opportunitiesand strengthening our role aSantral gathering pla for resdentsof all age& We al CL)ntinue to monitor and address ongoing Maintenan needsto keep the hdl in exlIent ¢xJndition for yearsto mme. On behajf of the Irustees, I Ihank everyone who hasntrIbuted time. energy and pport to the hall throughout the year. Your efforts are deeply apprecaated. Sgned on behdl of Ihe charitvstruaees S Hickman Trustee 16th &Jly 2025 Page 3
Calf Heath Village H8Jl atemenl of the Truaees FOngbIlItieS The Trusteesare reg)onsble for preparing the Trustees FW)rt and the finanaal statements in a¢ordan with applicable law and United InoM Ac£r)unting &andards (United lfjngdom C£nerd Aepted ACjuntIng actI). The law applicable to tharities in gland and Wales r1reSthe Tru&eesto prepare finanaal statementsfor each finanoal year whith give a true and fair view of Ihe state of afl&rsof the tharity and of the incxjming rersand application of rrSOf the charity for that period. In preparing the finanoai aatement& the trusteesare required to: lect ltable a(££)unting poliaesand apply them con9aently' observe the methods and prinaplesin the applicable aritIeS )FP, make judgementsand egimatesthat are renable and prudent. slate whether appli(able arxx)unting standards have been followed, wbject to any material departureSd1oSed and explained in the finanaa aatements; prepare the fInanCa statementson the going (j)nrn bags unless it is inappropriate to preme Ihal Ihe d)arity will continue ils adivitie& The Trusteesare reg)onsble for keeping wfficient a()UntIng recordswhith dIjOse with re)nable accuracy at any timethe finanaa postion of the tharity and to enable them to ensure that the finanaal atementsfx)mply with the arItieS{l 2011. the arItY {Acu)unts and Peports) Fègulalions 2008 and the provisonsof thetrusl deed. They are re4Jonsble for feguardIng the a&sets of the charity and hen for taking renable stepsfor the prevention and detection of f raud and other irregularitie& Page 5
Calf Heath Village H8Jl Independent Eiami ners Peporl Independent Examiner's FÈport to the tru of Caif Heath villa Hail We have prepared the financad siatementsol Calf Heath Village Hdl for the year ended 28 February 2025 which wmpromI the &atement ol nanci3j AAivilie& the B3jan &eel and the related notesfrom the entity'saccounting reojrdsand from the information and explanationsyou have given u& a practisng member of the thartered Institute of Management AaUntantS we are ble¢1 to its ethicaj and other prof0nd requiremenlswhich are deta11 ai aMA.rx)mlmembershandbook. The report is made 9Jlely to you, in aC#))rdan with the lermsof our engagement letter. (r work hasbeen undertaken g)lely io prepare for your approval the f inan(aaJ information of C4Jf Heath Village Hajl and state those mattersthat we have agreed to stae to you in this report in acL1)rdan with (JMA Technical release. To the fullea extent permitted by law. we do not a(xEpt or preme reg)on9bility to anyone other than the Trusteesfor our work or for this report. You have approved the financial information for the year and have ad(nowledged you reg)onsbility for it, for the appropriateness of Ihe finanaal reporting framework adopt1 and lor providing all information and explanations neceswy for itsmplIation. We have not verified the acujracy of completenessof the ac£ounting recordsor information and explanationsyou have given to us and we do not. therefore. expressany opinion on the financiaj information. l Actounting S)lulions Ltd Orthard Hou eellamour Way Colton Fbgeley WSI 5 3LN 12 jne 2025 Page 6
Calf Heath Village H8Jl Balan eet at 28 February 2025 (harity No. 504970 2025 2024 xed assets Tangible assets 79.247 79.247 63,670 63,670 rrent assets Debtors 508 at bank and in hand 46.039 46.039 18451 45.194 36,756 37,772 (3.2881 34,484 editors Amounl fatling due wilhin one year Net current awts Total tS lessrrent liabilities 124,441 98,154 Total net assets 124.441 98,154 The fundsof the tharity Unrestricted funds nera funds 10 124.441 124.441 97,646 97,646 Pe*rves Total funds 10 124.441 97,646 Al the funds of the charity are unrestricted funds These nancia gatementswere approved by the Trustees on 28th February 2025 and are sgned on Iheir behal by.. S Hickman Trustee 12 ne 2025 Page 7
Calf Heath Village H8Jl Notesto the A(£ounts for the year ended 28 February 2025 1 Ac£t)unt ing policaes Bass of preparation The finan0 statements have been prepared in aC£ordan with gatemenl of Pe(J)mmended Fyactice.. Accounting and P2porting by Charitiespreparing their aoxjuntsin aOX)rdan with the nancI Fèporting &andard applile in Ihe UKand Fèpublic of Ireland IFF6102) iwed on 16 &Jly 2014 and the nanaal Peporting Sandard applicable in the United lfjn9Jom and FÈpublic of Ireland (FFE102) and the arities Act 2011. Rjnds a(UntIng Unreslricted income fundsare generdly fundsthat are available for u at the trustees dIetion in furtheran of the objectivesof the tharity. rlher detalsof eath fund are di0 in note 11. PeurS expended Liabilities are recxJgnId as 9)on as there is lega or nstructive obligation MMittlg the charity to the expenditure. AJI expenditure is a(2x)unted for on aoJuaJs bass and has been 4fIed under headings thal aggregate all (x)sts related to the (2tegory. IrrVerable VAT lrreverab1e VATistharged agan& the category of reursexPended for which it was incurred. xed tS Individual fixed assets are initially at o)a, less any bwUent ao%mulated depreiiation and subquent impairment losse& Depreaation Depreaation is provided on tangible fixed ats asto write off the st or valuation, lessany estimaled regdual value. over their expected u*ful enoMiC life asfollows.. Flant and machinery 1 /oredUcIng balan bass xtures and fittings 1 /oredUCng balan bass 2 &aff (fjsts There were no staff ()StS Incrred during the year and no remuneralion or expenses have been paid to the Truslees Ihis year. 3 Voluntary ino)me Unrestrided Unrestrided nds Jnds 2025 2024 Hal Lettings &anls 38,241 11,995 186 32,777 ank Interest 116 50.422 32,893 Page 8
Calf Heath Village H8Jl Notesto the A(£ounts 4 Totaj reurS expended Total 2025 800 73 2,168 18,385 196 Total 2024 550 108 393 AOUntanCY fees Bank charges Depreciation of tangible fixed tS Establithments LInseS Fèpairs and mantenan 15,375 357 2,005 23,627 2,412 19,195 5 Net outgoing re)ur Total 2025 Totaj 2024 Net outgoing rerS is staed after tharging: Deprecialion of owned alS 2168 2168 393 393 6 Tangible fixgj atS Lhold interest in land and buildings xture& f ittings and ]uipment Hant and mathinery Total (bst At 1 March 2024 At 28 February 2025 Depreaation At 1 M arch 2024 Charge for the year At 28 February 2025 Net book values At 1 March 2024 At 28 February 2025 59,734 59,734 8.288 13,490 8,288 85,766 12,542 4.352 914 5,266 4,352 2,168 6,520 1,254 1,254 59,734 59,734 3.936 8,224 63,670 79,246 11,288 7 Debtors Total 2025 Total 2024 Other debtors 508 508 Page 9
Calf Heath Village H8Jl Notesto the A(£ounts 8 Qeditors: amountsfalling due within one year 2025 2024 Trade (yedilors Other cxeditors Accru8Js 295 1,827 911 550 550 845 3,288 9 Flating parties Cbntrolling entity The charity iscontrolled by ihe Iru*ee& 10 Anaiyss of funds In(x)ming re9)urS At 1 Marth 2024 (induding other gansllo& FurS expended At28 February 2025 (neral funds Unrearicted InMe funds 97,646 50.422 23,627 124,441 11 Net assets by fund Unrestri(aed fundstotal 2025 Totaj funds 2024 Tangible tS Qjrrenl assels Cleditors.. amount laling due within one y&ir 79,247 46.039 {845} 124,441 63,670 37,264 (3,288} 97,646 Page 10
Calf Heath Village H8Jl Detailed &atement of nanUal Activities for the year ended 28 February 2025 Tolaj funds Total funds 2025 2024 Inojming re9)ur Inwming reurCeS from generated funds Voluntary inwme ant 38,427 11,995 50,422 32,893 Total incoming reurS 32,893 Pe9)urS expended Jsts of generating f unds Costs of generating volunlary In{me 23,627 19,195 Total re)ur$ expended 23,627 19,195 Net movement in funds 26.795 13,698 Pe(rJnaliat ion of f unds Total fundsbrought forward 97.646 83,948 Total fundSixrri forwad 124,441 97,646 Page11