REGISTERED CHARITY NUMBER: 515897
TRUSTEES’ REPORT AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
FOR
PILLING VILLAGE HALL
RfM Fylde Limited Unit 1D River View 96 High St Garstang Preston Lancashire PR3 1WZ
PILLING VILLAGE HALL
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
| Page | |||
|---|---|---|---|
| Trustees’ Report | 1 | to | 4 |
| Independent Examiner's Report | 5 | ||
| Statement ofFinancial Activities | 6 | ||
| Balance Sheet | 7 | ||
| Notesto the Financial Statements | 8 | to | 15 |
| DetailedStatementofFinancialActivities | 16 | to | 17 |
PILLING VILLAGE HALL
TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims The object of the Charity is:
"The provision and maintenance of a village hall for the use of the inhabitants of Pilling and the neighbourhood thereof ("the area of benefit") without distinction of political, religious or other opinions, including the use for meetings, lectures and classes, and for other forms of recreation and leisure time occupation, with the object of improving the conditions of life for the said inhabitants"
The trustees managea village hall and 17.4 acre field as community assets which are accessible to the public. There is a bar, a cafe, car parking areas, football pitches, a changing room unit, play area for children, 1,200 metres of hard standing pathway servicing a trim trail with six fitness stations, a picnic area with tables and seating and open areas suitable for dog walking and other activities. This is in pursuance of the Charity Commission's guidance on public benefit.
Page 1
PILLING VILLAGE HALL
TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2025
ACHIEVEMENTS AND PERFORMANCE
Pilling Village Hall opened on 05 June 2021. Since opening, we have attracted volunteers to work in the hall and the grounds. These are both maintained to a high standard. As a result, and due to the excellent facilities indoors and outdoors, the hall and field are booked extensively for a wide variety of sports and social activities. It is a popular venue for family celebrations including birthdays, christenings, weddings and funeral receptions. Regular social nights are held with activities including darts, dominoes, bingo, quiz nights, badminton and live music. A new weekly badminton evening session for intermediate/ good players has been established attracting people the village and the surrounding area.
Income derived from these activities together with grants, bar and café profits has meant that the trustees have been able to invest in improving and maintaining facilities throughout the past year. Improvements include the installation of Solar Panels to improve energy efficiency, the expansion of the children's play area, including the provision of equipment for children with special needs and an extension to the off-road parking to improve safety and access. There are many regular users of the hall and its facilities which together with the demand for functions means have been able to give employment to local people as bar staff and a cleaner.
Pilling Parish Council host weekly drop-in sessions for residents, hold monthly committee meetings at the hall and have provided sessions for people of all ages to improve their technical skills on computers/mobile phones.
The café is open three times a week and run entirely by team of trained volunteers. It is popular meeting place and has maintained a 5-star hygiene rating. There is also "Meet and Eat" luncheon club which attracts around fifty diners every month.
Football continues as a major outdoor activity with twelve local teams using our facilities for home matches. In the hall there are weekly fitness, dance classes and a new yoga class.
An active social sub-committee plan and run a wide variety of activities and events to help with fundraising for the hall, other worthy causes and provide the community with socialising opportunities. These include discos, fun days, live music nights, various craft fairs, annual vintage vehicle event and the village coffee feast.
Theatre performances are well established run by the Pilling Drama Group.
This is the third full year of operation for the new hall and with a vibrant social committee exploring and trying innovative ideas for events we have seen the popularity of the hall continue to increase.
The trustees continue to develop plans for the future of the hall and its surrounds. These plans include further energy efficiency improvements with the installation of battery storage to complement the Solar Panel installation, and the potential extension of our hall to improve storage and enhance the bar and kitchen facilities.
Paul McWhirter
Chairman
FINANCIAL REVIEW
A proprietary accounting package, "Xero", is used in conjunction with "Squareup" transaction software to process event, hall hire, bar and cafe income. This ensures the day-to-day fiscal management of the charity is closely monitored and controlled.
The Statement of Financial Activities on page 6 show that net income for year totalled £24,768. This figure included grants of £37,500 received towards to extension of the children’s play area , the construction of which was completed on 28 March 2025. With the net income added to the existing reserves, total reserves now stand at £1,363,953.
These reserves are managed to fulfil the objective of the charity. The trustees continue to invest in maintaining and improving the hall, using the net income generated and, when appropriate, reserves. This investment means the hall and grounds remain well used. The charity continues to have a sound, stable and sustainable financial position.
Page 2
PILLING VILLAGE HALL
TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Organisational structure
The Charity was established by a scheme dated 9 August 1984 and is governed by a Trust Deed of that date registered with the Charity Commission.
The custodian trustees of Pilling Village Hall are Pilling Parish Council with Pilling Village Hall Management Committee being the managing trustees. This is in order to facilitate the holding of the title to the land used by Pilling Village Hall. Pilling Village Hall Management Committee is not deemed to be a legal person for the purposes of holding land and accordingly the legal title is vested in the Parish Council which is deemed to be a legal person. Pilling Village Hall Management Committee consists of (as a maximum) twenty members represented by elected members and representative members as defined in governing Trust Deed.
Elected members can be appointed to fill casual vacancies but ordinarily will be appointed at the Annual General Meeting of the Charity.
The trustees are constantly seeking to appoint new members and to increase local participation and invite residents to assist the Charity to plan and manage developments on the land.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
515897
Principal address 1 Springfield Barn Wheel Lane Pilling Preston PR3 6HL
:
Trustees
Mrs Katrina Mary Bell Mr Benjamin Paul Bradshaw (resigned 1/10/2024) Mr Paul McWhirter
Mr John Savage Mr Graham Curwen Mrs Beryl Christine Richardson Mr Michael O'Loughlin Mr Michael Arkwright Mrs Charlotte Whiteside Mr Jason Worledge Ms Evelyn Allen (appointed 1/10/2024) Ms Anne Curwen (appointed 1/10/2024)
Independent Examiner
Sarah Flynn FCA RfM Fylde Limited Unit 1D River View 96 High St Garstang Preston Lancashire PR3 1W2
Page 3
PILLING VILLAGE HALL
TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2025
REFERENCE AND ADMINISTRATIVE DETAILS
The elected officials who served during the period are as stated below:
Mrs Eileen Bee - President
Mrs Jacqueline Gaunt - Vice President
Mr Paul McWhirter - Chairman Mrs Katrina Mary Bell - Minute Secretary Mr Michael O'Loughlin - Treasurer
TRUSTEE’S RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS
The Charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the Charity trustees to prepare financial statements for each which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the Charity for that period. In preparing the financial statements, the trustees are required to:
-
Select suitable accounting policies and then apply them consistently;
-
Observe the methods and principles in the applicable Charities SORP;
-
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;
-
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
The trustees are responsible for keeping proper accounting records that 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 applicable Charities (Accounts and Reports) Regulations, and the provision of the trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the Charity and financial information included on the Charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other[jurisdictions.]
Approved by order of the board of trustees on Q7.Orbch 2025 ana signed on its behalf by:
Mr Paul McWhirter - Trustee
Page 4
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PILLING VILLAGE HALL
Independent examiner's report to the trustees of Pilling Village Hall
| report to the charity trustees on my examination of the accounts of Pilling Village Hall (the Trust) for the year ended 31 March 2025,
Responsibilities and basis of report
As the charity trustees of the Trust you 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 Act and in carrying out my examination | have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
| 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.
Sarah Flynn FCA
RfM Fylde Limited Unit 1D River View 96 High St Garstang Preston Lancashire PR3 1WZ Date: DOP AS
Page 5
PILLING VILLAGE HALL
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
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----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|2025|2024|
|Unrestricted|Restricted|Total|Total|
|funds|funds|funds|funds|
|Notes|£|£|£|£|
|INCOME AND|ENDOWMENTS|FROM|
|Donations|and|legacies|2|7,603|37,500|45,103|42,599|
|Charitable|activities|4|
|Events|and|hall|hire|22,198|-|22,198|26,981|
|Events|bar|48,803|-|48,803|55,317|
|Cafe|26,207|-|26,207|17,630|
|Investment|income|3|3,729|-|3,729|2,137|
|Other|income|-|-|-|62|
|Total|108,540|37,500|146,040|144,726|
|EXPENDITURE|ON|
|Charitable|activities|5|
|Events|and|hall|hire|86,280|-|86,280|75,914|
|Events|bar|26,295|-|26,295|39,851|
|Cafe|8,697|-|8,697|6,709|
|Total|121,272|-|121,272|122,474|
|NET INCOME/(EXPENDITURE)|(12,732)|37,500|24,768|22,252|
|Transfers|between|funds|15|41,500|(41,500)|-|-|
|Net movement|in funds|28,768|(4,000)|24,768|22,252|
|RECONCILIATION|OF|FUNDS|
|Total|funds|brought forward|835,186|503,999|1,339,185|1,316,933|
|TOTAL FUNDS CARRIED FORWARD|863,954|499,999|1,363,953|1,339,185|
----- End of picture text -----
The notes form part of these financial statements
Page 6
PILLING VILLAGE HALL
BALANCE SHEET
31 MARCH 2025
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----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|2025|2024|
|Notes|£|£|
|FIXED ASSETS|
|Tangible|assets|9|1,343,804|1,305,205|
|CURRENT ASSETS|
|Stocks|10|3,517|2,688|
|Debtors|11|13,000|2,052|
|Cash|at|bank|and|in|hand|43,298|75,879|
|59,815|80,619|
|CREDITORS|
|Amounts|falling due within one year|12|(39,666)|(46,639)|
|NET CURRENT ASSETS|20,149|33,980|
|TOTAL ASSETS|LESS CURRENT|LIABILITIES|1,363,953|1,339,185|
|NET ASSETS|1,363,953|1,339,185|
|FUNDS|15|
|Unrestricted|funds|863,954|835,186|
|Restricted|funds|499,999|503,999|
|TOTAL FUNDS|1,363,953|1,339,185|
----- End of picture text -----
The financial statements were approved by the Board of Trustees and authorised for issue on O71 bsiee!...2aOc BR. and were signed on its behalf by:
Mr Paul McWhirter - Trustee
The notes form part of these financial statements
Page 7
PILLING VILLAGE HALL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POLICIES
BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. INCOME All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. EXPENDITURE Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
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----- Start of picture text -----
|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Land|-|Not|depreciated|
|Freehold|building|-|Straight|line over 50 years|
|Building|fixtures|and|fittings|-|Straight|line|over|15|years|
|Plant and|machinery|-|Straight|line|over|6|years|
|Fixtures|and|Fittings|- Straight|line|between|10 and|30 years|
----- End of picture text -----
STOCKS
Stocks and work in progress are stated at the lower of cost and estimated costs to complete and sell, after making due allowance for obsolete and slow moving items.
Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.
Estimated selling price less costs to complete and sell is based on the estimated selling price of the goods less any estimated completion or selling costs likely to be incurred on the sale.
TAXATION
The charity is exempt from tax on its charitable activities.
FUND ACCOUNTING
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Page 8
continued...
PILLING VILLAGE HALL
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025
| 2. | DONATIONSAND LEGACIES | |||
|---|---|---|---|---|
| 2025 | 2024 | |||
| £ | £ | |||
| Donations | ; | 3,103 | 37,599 | |
| Grants | 42,000 | 5,000 | ||
| 45,103 | 42,599 | |||
| Grants received, included inthe | above, are as follows: | |||
| 2025 | 2024 | |||
| £ | £ | |||
| Big Lottery -AwardsforAll | 19,900 | - | ||
| The MoonTrust | - | 2,000 | ||
| Harold Bridges Charitable Fund | - | 3,000 | ||
| Wyre Council | 4,500 | - | ||
| Lancashire Environmental Fund | 17,600 | - | ||
| 42,000 | 5,000 | |||
| 3. | INVESTMENT INCOME | |||
| 2025 | 2024 | |||
| £ | £ | |||
| Sundryincome | 807 | 915 | ||
| Depositaccount interest | 2,922 | 1,222 | ||
| 3,729 | 2,137 | |||
| 4. | INCOME FROM CHARITABLE ACTIVITIES | |||
| 2025 | 2024 | |||
| Activity | £ | £ | ||
| Hall hire and events | Events and hall hire | 17,114 | 21,701 | |
| Field hire | Events and hall hire | 4,080 | 4,000 | |
| Other events | Events and hall hire | 1,004 | 1,280 | |
| Barincome | Events bar | 48,803 | 55,317 | |
| Café income | Cafe | 26,207 | 17,630 | |
| 97,208 | 99,928 |
Page 9
continued...
PILLING VILLAGE HALL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
| 5. | CHARITABLE ACTIVITIES COSTS | |||||
|---|---|---|---|---|---|---|
| Support | ||||||
| Direct | costs (see | |||||
| Costs | note 6) | Totals | ||||
| £ | £ | £ | ||||
| Events and hall hire | 42,397 | 43,883 | 86,280 | |||
| Events bar | 26,295 | - | 26,295 | |||
| Cafe | 8,697 | - | 8,697 | |||
| 77,389 | 43,883 | 121,272 | ||||
| 6. | SUPPORTCOSTS | |||||
| Governance | ||||||
| Management | Finance | Other | costs | Totals | ||
| £ | £ | £ | £ | £ | ||
| Events and hall hire | 3,263 | 1,175 | 38,895 | 550 | 43,883 | |
| Support costs, included in the above, | are as follows: | |||||
| 2025 | 2024 | |||||
| Events | ||||||
| and hall | Total | |||||
| hire | activities | |||||
| £ | £ | |||||
| Telephone | 1,434 | 3,421 | ||||
| Postage and stationery | 501 | 335 | ||||
| Sundries | 1,328 | 210 | ||||
| Card charges | 1,175 | 1,178 | ||||
| Telephone | 53 | - | ||||
| Depreciation oftangible fixed assets | 38,842 | 35,124 | ||||
| Loss on sale of tangible fixed assets | - | (4,000) | ||||
| Independentexamination | 550 | 900 | ||||
| 43,883 | 37,168 |
7. TRUSTEES' REMUNERATION AND BENEFITS
None of the trustees have been paid any remuneration or received any other benefit from the charity.
TRUSTEES' EXPENSES
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Page 10
continued...
PILLING VILLAGE HALL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
| 8. | STAFF COSTS | ||||
|---|---|---|---|---|---|
| 2025 | 2024 | ||||
| £ | £ | ||||
| Wages and salaries | 13,082 | 11,606 | |||
| 13,082 | 11,606 | ||||
| The average monthly numberofemployees duringtheyearwas as follows: | |||||
| 2025 | 2024 | ||||
| Bar staff | 5 | 5 | |||
| Cleaning staff | 1 | 1 | |||
| 6 | 6 | ||||
| No employees received emoluments in excess of£60,000. | |||||
| 9. | TANGIBLE FIXED ASSETS | ||||
| Fixtures | |||||
| Freehold | Plant and | and | |||
| property | machinery | fittings | Totals | ||
| £ | £ | £ | £ | ||
| COST | |||||
| At 1 April 2024 | 1,269,199 | 15,661 | 151,460 | 1,436,320 | |
| Additions | - | - | 77,441 | 77,441 | |
| At31 March 2025 | 1,269,199 | 15,661 | 228,901 | 1,513,761 | |
| DEPRECIATION | |||||
| At 1 April 2024 | 47,704 | 823 | 82,588 | 131,115 | |
| Charge foryear | 20,708 | 2,155 | 15,979 | 38,842 | |
| At31 March 2025 | 68,412 | 2,978 | 98,567 | 169,957 | |
| NET BOOKVALUE | |||||
| At 31 March 2025 | 1,200,787 | 12,683 | 130,334 | 1,343,804 | |
| At31March2024 | 1,221,495 | 14,838 | 68,872 | 1,305,205 |
Page 11
continued...
PILLING VILLAGE HALL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
| 10. | STOCKS | ||||
|---|---|---|---|---|---|
| 2025 | 2024 | ||||
| £ | £ | ||||
| Barstock | 3,375 | 2,560 | |||
| Café stock | 142 | 128 | |||
| 3,517 | 2,688 | ||||
| 11. | DEBTORS:AMOUNTSFALLING DUEWITHINONEYEAR | ||||
| 2025 | 2024 | ||||
| £ | £ | ||||
| Trade debtors | 2,570 | - | |||
| VAT | 10,165 | 1,817 | |||
| Prepayments and accrued income | 265 | 235 | |||
| 13,000 | 2,052 | ||||
| 12. | CREDITORS:AMOUNTSFALLINGDUEWITHINONEYEAR | ||||
| 2025 | 2024 | ||||
| £ | £ | ||||
| Other loans (see note 13) | 37,800 | 44,800 | |||
| Trade creditors | 894 | 966 | |||
| Social security and othertaxes | 421 | 373 | |||
| Accruals | 551 | 500 | |||
| 39,666 | 46,639 | ||||
| 13. | LOANS | ||||
| An analysis ofthe maturityof loans isgiven below: | |||||
| 2025 | 2024 | ||||
| £ | £ | ||||
| Amounts fallingduewithin oneyearon demand: | |||||
| Pilling Parish Council loan | 37,800 | 44,800 | |||
| 14. | ANALYSISOFNETASSETSBETWEEN FUNDS | ||||
| 2025 | 2024 | ||||
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| £ | £ | £ | £ | ||
| Fixed assets | 843,805 | 499,999 | 1,343,804 | 1,305,205 | |
| Current assets | 59,815 | - | 59,815 | 80,619 | |
| Current liabilities | (39,666) | - | (39,666) | (46,639) | |
| 863,954 | 499,999 | 1,363,953 | 1,339,185 |
Page 12
continued...
PILLING VILLAGE HALL
- MOVEMENT IN FUNDS
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025
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----- Start of picture text -----
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|Net|Transfers|
|movement|between|At|
|At|1/4/24|in funds|funds|31/3/25|
|£|£|£|£|
|Unrestricted|funds|
|General|fund|833,686|(12,732)|43,000|863,954|
|Recreational|Facilities|1,500|-|(1,500)|-|
|835,186|(|12,732)|41,500|863,954|
|Restricted|funds|
|Big|Lottery|Fund|Grant|499,999|-|-|499,999|
|Children's|Play Area|4,000|37,500|(41,500)|-|
|503,999|37,500|(41,500)|499,999|
|TOTAL|FUNDS|1,339,185|24,768|-|1,363,953|
|Net|movement|in|funds,|included|in|the|above|are|as|follows:|
|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|108,540|(121,272)|(12,732)|
|Restricted|funds|
|Children's|Play Area|37,500|-|37,500|
|TOTAL FUNDS|146,040|(121,272)|24,768|
|Comparatives for movement|in funds|
|Net|
|movement|At|
|At|1/4/23|in funds|31/3/24|
|£|£|£|
|Unrestricted|funds|
|General|fund|815,434|18,252|833,686|
|Recreational|Facilities|1,500|-|1,500|
|816,934|18,252|835,186|
|Restricted|funds|
|Big|Lottery|Fund|Grant|499,999|-|499,999|
|Children's|Play Area|-|4,000|4,000|
|499,999|4,000|503,999|
|TOTAL FUNDS|1,316,933|22,252|1,339,185|
----- End of picture text -----
Page 13
continued...
PILLING VILLAGE HALL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
15. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
==> picture [446 x 567] intentionally omitted <==
----- Start of picture text -----
|||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|140,726|(122,474)|18,252|
|Restricted|funds|
|Children's|Play Area|4,000|-|4,000|
|TOTAL FUNDS|144,726|(122,474)|22,252|
|A current year|12|months and|prior year|12|months combined|position|is|as follows:|
|Net|Transfers|
|movement|between|At|
|At|1/4/23|in funds|funds|31/3/25|
|£|£|£|£|
|Unrestricted|funds|
|General fund|815,434|5,520|43,000|863,954|
|Recreational|Facilities|1,500|-|(1,500)|-|
|816,934|5,520|41,500|863,954|
|Restricted|funds|:|
|Big|Lottery|Fund|Grant|499,999|-|-|499,999|
|Children's|Play Area|-|41,500|(41,500)|-|
|499,999|41,500|(41,500)|499,999|
|TOTAL|FUNDS|1,316,933|47,020|-|1,363,953|
|A|current|year|12|months|and|prior|year|12|months|combined|net|movement|in|funds,|included|in|the|
|are|as|follows:|
|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|249,266|(243,746)|5,520|
|Restricted|funds|
|Children's|Play Area|41,500|-|41,500|
|TOTAL FUNDS|290,766|(243,746)|47,020|
----- End of picture text -----
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
Restricted Income Funds
Big Lottery Fund Grant
Page 14
continued...
PILLING VILLAGE HALL
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025
15. MOVEMENT IN FUNDS- continued
The Big Lottery Fund have provided grants of £499,999 which have been recognised as income in the accounts to fund the construction of the Pilling Community Hall. This amount has been put into a restricted fund as it may be repayable to the Big Lottery Fund during the Asset Liability Period of 20 years from when the hall is brought into use, where grant conditions are not met.
The grant funding has been secured by a legal charge over the freehold property of the charity.
Unrestricted Income Funds
General Fund
The general unrestricted fund represents free funds of the charity which can be applied at the discretion of the trustees.
16. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
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PILLING VILLAGE HALL
:
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| INCOMEAND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 3,103 | 37,599 |
| Grants | 42,000 | 5,000 |
| 45,103 | 42,599 | |
| Investment income | ||
| Sundryincome | 807 | 915 |
| Deposit account interest | 2,922 | 1,222 |
| 3,729 | 2,137 | |
| Charitable activities | ||
| Hall hireand events | 17,114 | 21,701 |
| Field hire | 4,080 | 4,000 |
| Barincome | 48,803 | 55,317 |
| Café income | 26,207 | 17,630 |
| Other events | 1,004 | 1,280 |
| 97,208 | 99,928 | |
| Other income | ||
| Repaymentsupplement | - | 62 |
| Total incoming resources | 146,040 | 144,726 |
| EXPENDITURE | ||
| Charitable activities | ||
| Wages | 13,082 | 11,606 |
| Rates and water | 2,637 | 2,170 |
| Insurance | 2,276 | 1,859 |
| Lightand heat | 9,144 | 14,212 |
| Event overheads | 2,780 | 5,012 |
| Advertising | - | 335 |
| General running costs | 192 | 944 |
| Repairand maintenance | 5,075 | 4,605 |
| Baropening stock | 2,560 | 3,009 |
| Bar stock | 27,110 | 30,450 |
| Barclosing stock | (3,375) | (2,560) |
| Café openingstock | 128 | 102 |
| Café stock | 8,711 | 6,178 |
| Café closing stock | (142) | (128) |
| Cleaning | 1,814 | 2,617 |
| Carriedforward | 71,992 | 80,411 |
This page does not form part of the statutory financial statements
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PILLING VILLAGE HALL
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Charitable activities | ||
| Brought forward | 71,992 | 80,411 |
| Subscriptions | 451 | 434 |
| Computer costs | 185 | - |
| Coffee machine rent | 811 | 811 |
| Donations | 3,950 | 3,650 |
| 77,389 | 85,306 | |
| Support costs | ||
| Management | ||
| Telephone | 1,434 | 3,421 |
| Postage and stationery | 501 | 335 |
| Sundries | 1,328 | 210 |
| 3,263 | 3,966 | |
| Finance | ||
| Card charges | 1,175 | 1,178 |
| Other | ||
| Telephone | 53 | - |
| Freehold property depreciation | 20,708 | 20,708 |
| Plantand machinery depreciation | 2,155 | 254 |
| Fixturesand fittings depreciation | 15,979 | 14,162 |
| Losson sale oftangible fixed assets | - | (4,000) |
| 38,895 | 31,124 | |
| Governance costs | ||
| Independentexamination | 550 | 900 |
| Total resourcesexpended | 121,272 | 122,474 |
| Netincome | 24,768 | 22,252 |
This page does not form part of the statutory financial statements
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