OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-03-31-accounts

CROWLE PARISH HALL AND RECREATION TRUST

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Charity number 509414

Page 1

CROWLE PARISH HALL AND RECREATION TRUST

TRUSTEES ANNUAL REPORT

FOR THE YEAR ENDED 31 MARCH 2025

INTRODUCTION

The trustees have pleasure in presenting their annual report and the unaudited, independently reviewed, financial statements of the charity for the year ended 31 March 2025.

LEGAL STATUS

The charity is a charitable trust, administered by the trustees in accordance with the Governing document dated 29 November 2000, amended 2020. It is registered with the Charity Commission number 509414. The registered address is Crowle Parish Hall, Church Road, Crowle, Worcester, WR7 4AZ

THE TRUSTEES

The trustees who served the charity during the year were as follows:-

Robert Moore (Chairman) Penny Smith Anna Denne (Secretary) Lee Turner (Resigned 14 May 2024) Patricia Butts (Treasurer ) Michael Coleman Ruth Dawson-Jones (Parish Council representative) Cat Bromley (Parish Council representative)

New Trustees are apppointed at an AGM. In selecting individuals for appointment, the trustees have regard to the skills, knowledge and experience needed. Crowle Parish Council is entitled to appoint 2 trustees.

OBJECTIVES AND ACTIVITIES

The object of the charity is, in the interests of social welfare, to improve the conditions of life of the inhabitants of the area of benefit without distinction of political, religious or other opinions by the provision and maintenance of a village hall for use by the inhabitants, including use for:

In setting the Charity's objectives and planning its activities the Trustees have given careful consideration to the Charity Commission’s general guidance on public benefit and in particular to its supplementary public benefit guidance on providing recreational facilities.

REVIEW OF DEVELOPMENTS, ACTIVITIES AND ACHIEVEMENTS

The Trustees are pleased to provide an overview of the activities related to the Crowle Parish Hall during the financial year ending 31 March 2025.

We increased the hire rates, this was effectively the first increase since COVID

Hirings have been very close to previous years, but income has increased due to the increased hire rates

Our big project for the year was the 'Going Greener' project which involved

Page 2

CROWLE PARISH HALL AND RECREATION TRUST

TRUSTEES ANNUAL REPORT ctd

FOR THE YEAR ENDED 31 MARCH 2025

REVIEW OF DEVELOPMENTS, ACTIVITIES AND ACHIEVEMENTS ctd

Smaller projects included

FINANCIAL REVIEW

For the General Fund, total incoming resources increased from £52,782 to £58,434 and resources expended increased from £44,363 to £45,242. Net incoming resources therefore amounted to £13,192 – an increase of £4,773 over the previous year.

During the year, a net total of £20,828 was also spent on 2 capital projects to improve the facilities. This was made up of expenditure of £45,789 less a grant of £24,961.

RESERVES

The Capital Reserves represents funds received specifically for the construction of, and improvement works to, the Millenium hall and the new Platinum hall.. The total in these funds is £659,926.

It is the policy of the Trustees to ensure that the Unrestricted Reserves of the General Fund (balance £122,395), the Renewal Reserve Fund (balance £62,500) and the Windows/Doors Reserve Fund (balance £7,443) are sufficient to cover any urgent or essential expenditure particularly repairs to the fabric of the buildings, the replacement or upgrading of fixtures, fittings and equipment, and any unforeseen or unexpected loss of income.

STATEMENT OF TRUSTEES RESPONSIBILITIES

The Charities Act requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity at the end of the year and of the surplus or deficiency for the year then ended.

In preparing those financial statements, the Trustees are required to:

select suitable accounting policies, as described on page 6, and then apply them consistently;

make judgements and estimates that are reasonable and prudent;

state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

prepare the financial statements on the going concern basis unless it is inappropriate that the charity will continue in business.

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011.

The Trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the trustees on

Signed by order of the Trustees

ROBERT MOORE Chairman

Page 3

CROWLE PARISH HALL AND RECREATION TRUST

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2025

I report on the unaudited accounts of the charity for the year ended 31 March 2025 set out on pages 4 to 8.

RESPONSIBILITIES AND BASIS OF REPORT

The charity's trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act").

I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

INDEPENDENT EXAMINER'S STATEMENT

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I 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.

Name: DENISE LLEWELLYN

Page 4

CROWLE PARISH HALL AND RECREATION TRUST

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 MARCH 2025

Notes
INCOMING RESOURCES
Hire Income
Ground rent & charges
Interest
Donations
Grant from Wychavon DC Going Greener Project
Other income
Revenue from FIT Scheme
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
2
Charitable activities - Booking and Premises costs
Cost of Independent examination
Depreciation
TOTAL RESOURCES EXPENDED
NET INCOMING RESOURCES FOR THE YEAR
Balances brought forward
Balances carried forward
Total
Funds
2025
£
48,336
1,321
4,592
1,314
24,961
241
2,630
83,395
37,017
225
8,000
45,242
38,153
814,585
852,738
Total
Funds
2024
£
45,214
959
4,163
1,177
0
162
1,107
52,782
36,148
215
8,000
44,363
8,419
806,166
814,585

The notes on pages 6 to 8 form part of these financial statements

Page 5

CROWLE PARISH HALL AND RECREATION TRUST

BALANCE SHEET AS AT 31 MARCH 2024

Notes
FIXED ASSETS
Tangible Assets
3
Investments - cash on deposit over 1 year
CURRENT ASSETS
Cash at bank and in hand
Current account
3,338
Petty cash
200
Investments -cash on deposit less than 1 year
Debtors
4
CURRENT LIABILITIES
Creditors falling within one year
5
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
FUNDS (Unrestricted)
6
Capital Reserve - Millenium hall
Capital Reserve - Platinum hall
Capital Reserve- Going Greener Project
Renewal Reserve Fund
Window/ Door Reserve
General Reserve
FUNDS (Restricted)
Provisional Reserve
TOTAL ALL FUNDS
Total
Funds
2025
£
723,884
32,545
756,429
3,538
83,985
13,046
100,569
4,260
96,309
852,738
309,791
325,174
24,961
62,500
7,443
122,395
852,264
474
474
852,738
Total
Funds
2024
£
686,095
20,922
707,017
13,098
85,691
12,848
111,637
4,069
107,568
814,585
309,791
325,174
0
61,000
7,443
110,703
814,111
474
474
814,585

These financial statements were approved by the members of the committee on the and are signed on their behalf by:

ROBERT MOORE Chairman

The notes on pages 6 to 8 form part of these financial statements

Page 6

CROWLE PARISH HALL AND RECREATION TRUST

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1 ACCOUNTING POLICIES

Basis of accounting

The financial statements have been prepared under the historical cost convention, and in accordance with applicable accounting standards and the Statement of Recommended Practice on accounting by charities.

Incoming Resources

Income is recognised in the period in which the charity is entitled to receipt and the amount can be measured with reasonable certainty. Income is deferred only when the charity has to fulfil conditions before becoming entitled to it or when the donor has specified that the income is to be expended in a future period.

The contribution of unpaid volunteers is not included in the accounts.

Resources Expended

Expenditure is included on an accruals basis, inclusive of any VAT which cannot be recovered. Expenditure is included in the category to which it relates. Liabilities are included in the accounts as soon as recognised.

Depreciation

Depreciation is calculated so as to write off the cost of Equipment, Fixtures and Fittings, less its estimated residual value, over the useful economic life of that asset.

Depreciation is not charged on the cost of the building.

2 RESOURCES EXPENDED Staff costs

1 part time staff was employed during the financial year (2024 - 1) None of the Trustees received any remuneration or expenses during the year

Salaries
Social Security costs
Pension costs
No employees received employee benefits of more than £60,000
Cost of Independent Examination
Total Funds
2025
£
15,756
0
292
16,048
Total Funds
2024
£
14,843
0
248
15,091
Cost of Independent Examination 225 215

Page 7

CROWLE PARISH HALL AND RECREATION TRUST

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

3 TANGIBLE FIXED ASSETS Equipment,Fixtures
Property
& Fittings
£
£
Equipment,Fixtures
Property
& Fittings
£
£
Total
£
756,083
2,766
43,023
801,872
69,988
8,000
77,988
COST
At 1 April 2024
New Flooring Millenium hall
Going Greener Project
At 31 March 2025
647,306
2,766
43,023
693,095
108,777
0
0
108,777
DEPRECIATION
At 1 April 2024
Charge for the year
At 31 March 2025
0 69,988
8,000
77,988
NET BOOK VALUE
At 31 March 2024 647,306 38,789 686,095
4
5
At 31 March 2025 693,095 30,789 723,884
2024
£
0
12,848
0
12,848
2024
£
268
3,801
0
4,069
DEBTORS
Amounts falling due within one year
Trade debtors
Prepayments and accrued income
Other debtors
2025
£
0
13,046
0
13,046
CREDITORS
Amounts falling due within one year
Trade creditors
Sundry creditors - payments in advance
Other creditors
2025
£
183
4,077
0
4,260

Page 8

CROWLE PARISH HALL AND RECREATION TRUST

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

6 RESERVES

The Capital Reserves represents funds received specifically for the construction of, and improvement works to, the Millenium hall and the new Platinum hall.. The total in these funds is £659,926.

The Renewal Reserve exists to cover the cost of maintaining the building, its fixtures, fittings and equipment. It also holds funds to cover any required works to the car park and related external areas. An amount of £1,500 was transferred into this Reserve from the General Reserve in 2024/5.

The Window and Doors reserve exists to cover the anticipated cost of maintaining and/or replacing the windows and doors to an appropriate standard.

The General Reserve holds accumulated reserves from this year and from prior years and can be used for any charitable purpose approved by the Trustees in furtherance of the objectives of the Trust. An amount of £1,500 was transferred from the General Reserve to the Renewal Reserve in 2024/25.

7 ANALYSIS OF NET ASSETS IN ALL FUNDS

Tangible Other Net
Fixed Assets Assets Total
£ £ £
All funds 723,884 128,854 852,738

Page 9

CROWLE PARISH HALL AND RECREATION TRUST

DETAILED STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 MARCH 2025

2025 2024
GENERAL RESERVE
INCOME
Hire Income
Ground rent & charges
Interest
Sundry Donations
Other income
Revenue from FIT Scheme
£
48,336
1,321
4,592
1,314
241
2,630
58,434
£
45,214
959
4,163
1,177
162
1,107
52,782
EXPENDITURE
Light Heat and Water
Electricity
4,275
CH Oil
2,261
Water
934
Cleaning
Insurance
Repairs & Maintenance
Licences and Certificates
Other Costs
Salary & payroll costs
Special Projects
Independent examiner
Depreciation
7,470
1,947
1,589
5,769
1,091
1,993
16,438
720
37,017
225
8,000
6,769
2,000
1,469
5,719
1,217
2,591
15,470
913
36,148
215
8,000
45,242 44,363
NET SURPLUS before Transfers (General Reserve)
Transfer to Renewal Reserve Fund
13,192
-1,500
11,692
8,419
-1,500
6,919
CAPITAL RESERVE GOING GREENER PROJECT
INCOME
Capital reserve Going Greener Project
Grant from Wychavon DC
2025
£
24,961
24,961
2024
£
0
0
EXPENDITURE 0
0
0
0
NET SURPLUS (Capital Reserve) 24,961 0
2025 2024
ALL FUNDS £ £
NET SURPLUS (All Funds) 38,153 8,419