CHARITY NUMBER 510195 PRIMROSE HALL REPORT AND FINANCIAL STATEMENTS PERIOD ENDED 31ST DECEMBER 2024 CONTENTS l. Officials and other details 2. Report of the Trustees 3. Income and expenditure account 4. Balance sheet 5. Independent examiners report 6. Trustees Annual Report
PRIMROSE HALL OFFICIALS AND OTHER DETAILS TRUSTEE THE HORBURY HERITAGE COMMUNITY BUILDING PRESERVATION AND MANAGEMENT TRUST LTD (COMPANY REG. NO. 4122636 1 CHARITY NO. 1091935) ADDRESS Primrose Hall 4 Green Park Avenue Horbury West Yorkshire WF4 6EG REGISTERED OFFICE 36 Beechwood Grove Horbury Wakefield West Yorkshlre WF4 5JQ BANKERS National Westminster Bank PLC 56 Westgate Wakefield WFI IXF
PRIMROSE HALL REPORT OFTHE TRUSTEES FOR THE PERIOD ENDED 31. DECEMBER 2024 The trustees present herewith their Annual Report with the accounts of the charity for the period ended 31" December 2024. I. OBJECTIVE To refurbish and reopen and manage Primrose Hall for the benefit of the community of Horbury and surrounding district. 2. TRUSTEES The Trustees of Horbury Heritage CBP&M Trust Ltd who served during the period were:_ Mr M C Cudworth (Chairn]an) Mrs E A Webster (Vice Chair) Mrs C M Cudworth Mr K Fornlan Mr C J Randall (Treasurer) Mrs l M Randall (Secretary) Mr T W Randall (from February 2024) Mrs S Walker SIGNED ON BEHALF OF THE BOARD OF TRUSTEES Mrs l Randall - Secretary APPROVED BYTHE TRUSTEES ON.....Q.
PRIMROSE HALL INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ST ENDED 31 DECEMBER 2024 2024 2023 Income Hirings Fundraising 34,696 1,209 1,229 Grants 11,211 5,838 Interest 3,490 3,719 Total 52,567 45.482 Expendlture Wages, tax, Ni 20,413 17,543 Cleaning and hygiene 1,910 2,286 Elec and gas 5,018 3.648 Water 300 400 Insurance 1,164 1.012 Maintenance and repairs 9,338 7,945 Sec/accounting/sundry/phone 1,483 814 Advertising and website 209 280 Other Note 10,552 6,093 Total 50,387 40,021 Surplus/deficlt on year 2.180 5,461 Notes l. Includes £2,000 grant to HHT for Green Park Account and £8,384 to Mid Yorkshire Community Foundation for senior citizens club
PRIMROSE HALL ST BALANCE SHEET AS AT 31 DECEMBER 2024 CURRENT ASSETS Current account cash at Bank: Reserve 35,562 107.078 142,640 (11,742) Less liabilities - accrued grant for senior citizens club NET ASSETS 130 898 FUNDS C/fwd 31.12.2023 Net profit 128,718 2,180 130 898 For the year ending 31" December 2024, the company was entitled to exemption from audlt under sectlon 477121 of the Companies Act 2006. The members have not required the company to obtain an audlt in accordance with sectlon 476 of the Companles Att 2006. The directors acknowledge their responsibility for: i) ensuring the company keeps accounting records which comply with Section 386- and ill preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year, and of its profit and loss for the financial year, in accordance with the requirements of section 393, and which otherwise comply with the requirements of the Companie5 Act relating to accounts, so far as is applicable to the company. ACCOUNTtNG POLICIES The financial statements ar¢ pr¢paTed under historical cost convention. SIGNED ON BEHALF OF THE BOARD OF TRUSTEES TRUSTEES - MR M C CUDWORTH .. -MRS I RANDALL................... APPROVED BY THE BOARD ON..... ..
PRIIVIROSE HALL INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF HORBURY HERITAGE CBP&M TRUST LTD AND THE PRIMROSE HALL CHARITY REPORT ON THE ACCOUNTS FOR THE YEAR 31" DECEMBER 2024 The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. INDEPENDENT EXAMINER: JULIE CRAVEN It is my responsibility to: Examine the accounts under Section 145 of the Charities Act To follow the procedures laid down in the general directions given by the Charity Commission {under Section 145(5)(b) of the Charities Act), and To state whether particula r matters have come to my attention. BASIS OF INDEPENDENT EXAMINERS REPORT My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fairf, view and the report is limited to those matters set out in the following statement.
INDEPENDENT EXAMINERS STATEMENT In connection with my statement, no matter has come to my attention l. Which gives me reasonable cause to believe that in any material respect the requirements: To keep accounting records in accordance with Section 130 of the Charities Act. To prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met, or 2. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 3. 1 have not obtained independent verification of all investments with the Trustees for Horbury Heritage CBP&M Trust Ltd and Primrose Hall Charity NAME: JULIE CRAVEN SIGNATURE: Relevant professional qualif ication or body NONE ADDRESS: 16 CLUNTERGATE, HORBURY, WESTYORKSHIRE, WF4 SAG DATE:
THE HORBURY HERITAGE COMMUNITY BUILDING PRESERVATION & MANAGEMENT TRUST LTD Trustees. Annual Report 2024 Company Reg No 4122636, Charlty No 1091935 {Incorporating Primrose Hall Charity No 5101951 April 19th 2009 saw the Trust commence actively managing Primrose Hall as a community hall. Horbury Heritage C. B. P. & M. Trust Ltd is the Trustee of Primrose Hall Charity no 510195. The main purpose of refurbishing and reopening the Hall rnet one of Horbury Heritage C.B.P.& M. Trust Ltd Objects: To preserve for the benefit of the people of Horbury and of the Nation, the historical architectural and constructional heritage that may exist in and around Horbury". The refurbishment of Primrose Hall fulfilled this Object and represents sustainable regeneration and management of a community hall to meet the needs of Horbury people and the wider community. Primr05e Hall continues to make a valuable contribution towards social inclusion within the town, encouraging good community health and social relationships. The Trust has no direct responsibility for any other buildings as at December 31st 2024, but it has continued to be active in trying to protect the heritage of Green Park, Horbury and lobby regarding severa5 historic buildings within the town. We remain committed to improving the condition of and promoting a better future for Green Park. This was left in Trust for the use and benefit of the people of Horbury. Along with Horbury Common Lands Trust, Horbury Heritage Trust IHHT) has undertaken a feasibility study into how the park can be improved, managed and maintained if Wakefield Metropolitan District Council IWMDC) grant a long lease to HHT under a Community Asset Transfer. The Trustees have also held a public consultation regarding our plans and had them substantially endorsed by the local community and has completed and been Successful in applying for and being awarded a Community Asset Transfer. As a result, Green Park has been transferred to HHT under a 50-year lease, to manage and improve with a Friends of Green Park Horbury group. This group has been formed and is accountable to HHT. Financial support of £8000pa from Horbury Common Lands Trust and £2000pa from Primrose Hall will meet the projected running costs. The Trustees have continued payments of £2000 per annum from the Primrose Hall Charity to support the Green Park project preliminary and annual running costs. These funds together with grants and funds raised for the project are under HHT control and are shown as a specific reserve item in the balance sheet as well as being separately detailed in the income and expenditure of HHT. Prlmrose Hall: In respect of Primrose Hall's financial performance, 2024 has continued to see the Hall be financially healthy with hirings at high levels. Income from hirings remains the main source of the hall's income. Grant income was again b005ted this year by the grant raised to run a Senior Citizens Club though over 80% of that grant is paid over to Mid Yorkshire Community Foundation to promote and staff the Club. with Primrose Hall only retaining the value of the hire. The payment out is shown in the "Other expenditure" line of the accounts.
The Trustees particularly thank Horbury Common Lands Trust who continue to provide a much-appreciated annual award of £1,012 in 2024 towards our running costs. Expenditure remained similar to 2023 except for fuel, where new tariffs are beginning to have an effect. The Trustees are planning to invest in solar panels in 2025 to reduce electricity costs and to this end the repairs and maintenance heading includes payment of a deposit of £3,255 in order to commission this work. We have again increased salaries in line with inflation to reward our staff appropriately. Our succe55 in managing the income and expenditure prudently over 15 years has allowed us to retain healthy Primr05e Hall bank balances totalling just over£130,000 at the end of this period. The Trustees are of the opinion that retaining a substantial reserve continues to be a prudent position as further major expenses will be incurred from time to time. As mentioned above investment in the coming financial year in solar panels while reducing the resenles should pay back in reduced electricity bills 80in8 forward a5 our fixed tariffs come to an end. Horbury Herltage C.B.P.&M. Trust Ltd: Despite the main focus of our activities being The Primrose Hall Charity, the Horbury Heritage C.B.P.& M Trust Ltd remains an independent legal entity and its, accounts continue to be shown separately. Funds raised towards the Green Park project, but held by HHT are shown separately and funds held for that purpose are shown in a specific reserve. The Trust has continued to monitor and lobby Wakefield MDC regarding the closing of all conditions relating to refurbishment of the Grade11 listed Carr Lodge Mansion and Its associated parkland, along with Horbury Old Hall. As Carr Lodge is occupied the ability of the Trust to achieve more in this regard is largely closed off. We have taken a close interest in the future of the listed former decontamination unit behind the old Town Hall. We continue to monitor the planning proposals for the redevelopment of the area surrounding the unit. We deem it prudent to retain a reserve within the Heritage Trusts accounts in case further expense is required in these or other areas of local heritage importance. The balances are currently sufficient to meet that objective. Discountin8 Green Park fundraising and costs, the main HHT accounts shows a small surplus of £235 on the year, largely because of interest earned on balances. The sums held for Green Park are accumulating despite fee payments to meet legal costs of the lease and to prepare for the p5anning application for the development of the park which amounted to £9230 in the year. Total funds at year end to complete the planning application and develop the Park amounted to £93,626 at 31" December 2024. Grants included £50,000 from Wakefield Metropolitan District Council towards footpaths and grants from Horbury Common Lands Trust of £3,000 to assist in meeting planning application suNey costs and £8,000 as the first year of maintenance support. Fundraising proceeds and donations from individua15 and local organisations totalling £6,299 were also received including £475 raised at the Horbury Show. Modest sums have been invested in wild flower planting in the park and plans are in place for further tree planting. ACCOUNTING POLICIES: The financial statements are prepared under historical cost convention. COMPANY LIMITED BY GUARANTEE: Every member promises that if the Charity is dissolved whilst he/she remains a member, or within 12 months afterwards, to pay £1 towards the costs of dissolution and the liabilities incurred by the Charity whilst the contributor was a member. This concludes the Trustees Annual Report.