REGISTERED CtIARrrY NUMBER: 521251 REPORT OF THE TRUSTEES AND UNAUDfTED FIN.4NCLiL STATEMEf(FS FOR THE YEAR ENDED 31ST DECEIKBER 2023 FOR MAWDESLEY VtLLAGE HALL Live5¢y Sp)ttisw(yod Ltd Chartered AccOuntats 17 George Street St Helells Merseyside WAIO IDB
MAWDESLEY VILLAGE HALL CONTEE¥TS OF THE FINANCIAL STATE.%IELYrs FOR THE YEAR ENDED 31ST DECEMBER 2023 Page Reportof the Trusttt I to 3 Independent Examiner's Rtport Statemenl of Financial Activities Balance Sheet Notes to the FinaDciI Statetllents 7 to 11 Detailed Ststemtnt of FiThtteial Acttvities 12
MAWDESLEY VtLLAGE HALL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023 The trustees present tbeir rep)rt with the fmancial statements of the charity for the year ended 31st December 2023. The trustees have 2dopled the provisions of Accountillg And Reporting by Charities: Ststement of Recornmended Practice appIlb]e to ChItIeS preparing their accounts in t0[dance with the Financial RetKkrting Stsndard applicable in the UK and Republic of IrelarAd IFRS 102) {effective l J8muary 2019). OWECTIVES Af4D AcrivrriES Objectives and aims The charity's objccts are the rnainlaining and Enanaging of a village hall for the use of the inhabitants of the parish of Mawdesley without distinction of political. religious or other opinions including use for meeting4 lectures and claS and for other fornLS of recreation and leisurtrtitne occupation with the object of improving the conditions of life for the said inhabitants. Public benefit The Trnstees confmn they have regard for the Public Benefit guidance issued by the ChArity Colljmissioll as the ChArities Act 2011 requir¢s the Charity to demonstrate the public benefit of our Al. The Ch2rity's pur)Se is kn benefit the public by providing a village hall for the use of the nhabItallts of Mawdesley. ACHIEVEMENf Af4D PERFORMANCE The year end accounts for 2023 reflect a tM)sitive perforniance where. taking into account the gaitt oll the fed asset investtnent i small profit has ade. Dealld for the hall hL8 Stabilised with the wtllparaiiv¢ y¢at S¢¢iDg INCaSed r¢v¢nues in part due to pent up deMad following the end of Covid restrictions. Operating expenses have largely been controlled despite it]fiationary pre&SUS. The hall nefitted from credit notes being issued from utility providers as a result of previo8 overpayments. There has been no major capital expenditure undertaken during 2023. The rjxed asset additions of £6,026 predominantly relates to the refijrbishment of one of the rooms within the FLall where new tables and chairs were purch&8ed. The inveslrnent account has rfOrMed well with the hall seeing dividends of £3.347. slighdy higher than in 2022. The yeax ended with £10,000 tn the easy access d¢FOSit accowJL £9,721 ID the Current account and £860 in floats and overall the fmancial situation remains strong. A huge thank you must go to the village hall staff wbo without the Ill would eease to a success. Their tireless work is very much appreciate(L Looking forward into 2024, there are a number of events EK)oked with deposits tsken which demonstrates the demand for the hall is Strong. The has been all increased numkn of bookings relating to children in tbe village. U3A remain the largest user of the hail. 2024 is the year of the hall's 50th annivers platmiDg is w¢ll und¢rway fo mark the casIon celebrate with a number of events planned FINANCL4L REVtEW Financial position The charity shows an overall increase in funds for the year of £1,883 with the trading loss offset by gatns on investments. The value of the inv¢sttn¢nts h8s reix)unded and iticred by £10.130 following a declille itl the prior year. Cash balances al year end was £20.581 a decrease of £5.266. £6,026 was spent on capital expenditure Overall the h211 remains on sound fll)2nciai footing. Page I
MAWDESLEY VILLAGE HALL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023 FINANCIAL REVIEW Reserve5 policy As at 31 December 2023 the charity held Unrestricted fijnds totslling £338.808 (2022 - £336.925). Of thi5 £197,861 (2022-193,862) was held as fL%ed assets and £120.37J {2022 - £110,242) as an invcstsnent with the chitIeS collllnission. TtrLe investment with tlLe charities comtnission has no restri¢tion on a¢r£s& This leaves a sutplus of unrestricted fimds of £140.947 (2022 - £143.053) The level Of the eonttngeney fid has en set at £26.000 to cover one yeafs fjxed overhead plus all allowanee for the c2retak¢r, water, heat arAd lighL less the charge for depreciation as this is a non cash expellse. The extraordinary repairs fund Ilas been set at £IO.000 being a g¢lleral provi5iOIL The remaining balance on the fimd for the r. and Mrs. Bert Mo&s Garden, after deductions for expeDditure to ttste stands at £1,505 from the original £20,000 fijnd. Excluding deSigted fijnds the eharity hAS surplus unrestrictrd funds of £103.442 (2022- £93.476). STRUCTURE, GOVERNANCE AND MANAGEMErir Governing document The charity is eontrolled by its governing doctstllenL a deed of trust and constitutes an WLincotpordted charity. Reernitment and appointment of new trustees The Constitution was amended just prior to the last AGM and there are now have 9 elected Trustees, with the option Io COvOPt a fllrther 3. Organisation representatives are no longer Tns. Organisation representatives are Cllr Alistair MorwooiL Chorley BC. Hiida McAughey, MADS. Martin Trengove. Cricket Clttb. John Latham, u3a' Michael H¢nty. Mawdesley Parish Council. REFERENCE AND ADMINISTIL4TIVE DETAtLS Registered Cltarity number 521251 PriDcipal Address Hurst Green Mawdesley Ormskirk Larlcashire L40 2QT Trustees Mr F Robertson (resigned 291112023) Mrs B D Nichols Mr I Clayton (regigned 171412023) Mr D R G Johnston Mrs S English Mr K Mitchell Mr M Trivis Mrs R L Mills (resigned 281312023) Mr M Woods Mr R Woolley {apillted 171412023) Mr J D Taylor Mrs C R Keeling (appointed 171412023) Page 2
MAWDESLEY VILLAGE HALL REPORT OF THE TRUSTEES FOR THE YLiR ENDED 31ST DECEMBER 2023 REFERENCE AND ADMINtSTRATtVE DETAtLS Independent Examiner Mr James Pendiebury ATT Livesey Spottiswood Ltd Chartered Accounlants 17 George Street St Helens Merseyside WAIO IDB Approved by order of tbe bo d of trnstees on......... . and SAgned on its behalf by: Mr R Wooll¢y - Tne Page 3
Im)EPENDE ELIMINER'S REPORT TO THE TRUSTEES OF MAWDESLEI, VILLAGE IL4LL Indeptndent examiller's report to the trustees of Mawdesley Village Hall I report to the eharity tnjstees ort nky examination of the a¢¢owhts of Mawdesley Village Hall {the Tnt} for the year ended 3 1st December 2023. RespoDsibilities and basis of report As the charity trustees of thc Trust you are responsible for the preparation of the accounts iti accordance with the requirements of the Charities Act 2011 {'the A¢V). I report ill respect of my examiDatioD of the Trusvs accounts carried out under Section 145 of the Act and ill Calg out my ¢xamination I have followed all applicable Dir¢clions given by the Charity ConTrmi&£xon under Section 145{5)0)) of the ACL Independent exominer's statement I have completed my examinatlOD. I confum that DO materiat matters have come to my 2ttentioD iti coDDeetion with the examination giving me cause to believe that in any material respect: aeeounting records wcre not kept in re5P£Ct of the Trust as required by Section 130 of the Act. or the accounts do not accord with those rccords. or the accounts do not comply with the applicable requiments colleerning the form and CODt¢nt of a¢¢ounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a tsue and fair view which is not i matter consid¢r¢d as part of an independent examination. Ihavenoc this repo s and have Come across no other matters in Co]e¢t[On with the exxminltion to which attention should be drawn in to enable a prOr understanding of the accounts io be rea¢h¢d. Mr James Pendlebury ATT Livesey Spottiswood Ltd Chartered Accounlallts 17 George Street St Helens Merseyside WAIO IDB Date= ........ al oy/ Page 4
MAWDESLEY VILLAGE HALL STATEMEL¥T OF FINAP*CIAL ACTJVITIES FOR THE YEAR ENDED 31ST DECEMBER 2023 2023 Unrestrieted fi]nd5 2022 Totsi funds Notes INCO1¥ AP4D ENDOWMENfs FROM Charitable activities Bar Operation of village hall 33,544 33,656 54,894 45,033 Other trading activities tnvestmcnt incotne 18.862 3.734 7,527 3,427 Totsl 89.796 110,881 EXPENDITURE OIY Charitable activities 36,510 61,533 43,290 69,444 Operation tsf village hall Total 98,043 112.734 NET INcoDE1(EXPEYDITUR£) Other recognised gaillsl{losses) Gain4(losses) on revaluation of fixed assets (8,247) (1,853) 10.130 (14,327) Net movement in funds 1.883 (16,180) RECONCILIATION OF FUNDS Total funds brought forw8rd 336,925 353,105 TOTAL FUNDS CIIRRIED FORWARD 338,808 336,925 The notes fom] part of these fancIal ststerneDts Page 5
LAWDESLEy VtLLAGE HALL BALANCE SHEET 31ST DECEMBER 2023 2023 Unrestricted fund5 2022 Total funds Notes FIXED ASSETS Tangible assets Investments 197.861 120.373 193,872 110,242 318,234 304,114 CURRENf ASSETS Stocks Debtors Cash at bank 2nd in hand 3,261 4,730 20,581 3,261 5,900 25,847 28,572 35,008 CREDITORS Atnounts falling due within one year {7,998) (2,197) NET CURRENT ASSETS 20,574 32,8LI TOTAL ASSETS LESS CURRENT LLIBILITIES 338.808 336,925 NET ASSETS 338,808 336,925 FUNDS io Ullrestricted fiEnds 338.808 336,925 TOTAL FUNDS 338.808 336,925 The financial statements were approved by the Board of Ttustees and authorised for issue on ...... . .. signed on its beillif by: . and were Mrs B D Ni¢ho The notes fonn part of these fllydllcial ststements Page 6
MAWDESLEY VILLAGE HALL NOTES TO THE FtNANCIAL STATEMEKrs FOR THE YL4R ENDED 31ST DEcE{BER 2023 AccouNriNG POLICIES Basis of preparing ihe fiDaDciI Statements The fLnatici21 thternents of the charity. which is a public InefIt entity UDder FRS 102, have been prepared in accoTd2nc¢ with the Charities SORP {FRS 102) 'Accountitig Rep)rting by Charities: Statement of Recommended Practice applicable to charities prep3sing their accounts in accordauce with the Financia] Rewrting Standard applicable the UK and Republic of Ireland (FRS 102) (effective l January 2019),. Financial Reporting St2ndard 102 'The Financia] Rep)rting Stsndard applicable in thc UK and Republi¢ of Ireland, and the Chariiies Act 2011. The fanCIal statements have been prepared under the hisiorical cosi Conventio with the exception of investtllents which are included at market vaLu4 as rnodified by the revaluation of certain assets. Income All income is recognised in the Stament of Financial Adivities once the charity bLS entitleent to the fi]nds, it is probable that the income will be received and th¢ aJnount can be me&sured reliably. EipeDditurt Liabilities are recognised a5 expcnditure as soon as there is a leg or Constructive obligation cottunitting the charity to that expenditure. it is probable that a transfer of economic benefits will be required in settlejnent and the amount of the obligition can be me&sured reliably. Expendithe is accounted for on an accrua]s b&sis and has been classified under headings that aggregate ail cost related to the ektegory. Where costs camnot be directly attributed to particular headings they have been allocatcd to adiyities on a basis consistent with the of resources. Investments All Investtnents are initially recognised at their transaction value alld subsequeDtty m¢asured at their fair value aq at the balaJ)ce sheet date using the closing quoted matket price. All realised and unrealised gatns and losses are tsken ty the Statement of Financial Activities as they arise. Realised gains and losses on investtnents are calculated as the difference between the sales pmceed8 2nd the origina] cost of the investment. Unreaiised gains and losses are calculated as the difference bettYeeJTr Jnarket vatue &1 the ¢nd of tELe year and opening market values. Realised and unreatised gains and losses are combilled in the Stthment of Financial Activities. T8Dgible fixed assets Depreciation is provided at the following annual rates iu order to write off each asset over its estimated use1 life. Buildin8 and iprOveets Equipment and tools Furniture and fittings Solar panels 2Yo straight line 250A on reducing batanee 250/0 on reducing balanee 5Vo straight line StoelLS Stock is included at the lower of cost and estiated selling price aftcr making due provision for obsolete and slow moving items. TatIOn The cb2rity is ttpt from on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the clwitable objectives at the discretioD of the trustees. Restricted funds call only be used for particular Testrictrd purposes within the objects of the charity. Restrictions axise when specified by the donor or when funds are raised for particular restricted purp)ses. Hire purehase and leaSiDg commilrnents Rentals paid wider operating leases are cbarged to the Statement of Fitiancial Aetivities on X straight line b&sis over the period of the lease. Page 7 contilliLed...
IKAWDESLEY VILLAGE IL4LL NOTES TO THE FINANCIAL STATEMEiYfs- colltilllled FOR THE YEAR ENDED 31ST DECEMBER 2011 OTHER T114DING ACTIVITIES 2023 2022 Fundraising events Solar panel income Miscellaneous donations 16,772 2.090 1,170 5,037 1,320 18,862 7,527 INvESTiNT INCOME 2023 2022 Fixed asset inveStent divid¢nds received Deposit aeeount interest 3,347 387 3.292 135 3,734 3.427 TRUSTEES, REMUNERATION AND BENEFITS During the year no payments were made to any Inttts. Payments to Ttustees are perniitted under the terms of a supplementa] deed to the cbarity's Declaration of Trust datrd 14di July 2015 and are accordance with section 185 of the C]wities Act 2011. Trustees, eipenses There w¢re no trustees, expenses paid for the year ended 31st DeCemr 2023 nor for the year ended 31st Decejnber 2022. TANGtBLE FIXED ASSETS Building Moss gaxden Land ip[0Vernets COST At 1st Jattuary 2023 Additioris 1,217 158.985 10,230 8,265 At 3 1st Decetnber 2023 1,217 158.985 18,495 DEPRECIATION At 1st January 2023 Charge for year 12.855 3,180 36 At 3 1st DeCemr 2023 180 16.035 NET BOOK VALUE At 3 1st DeCem1r 2023 1.037 142,950 18.495 At 3 1st D¢c¢mber 2022 1,073 146,130 10.230 Page 8 continued...
MAWDESLEY VILLAGE HALL P40TES TO THE FtNANCIAL STATEMENfs- continued FOR THE YEAR ENDED 31ST DECEMBER 2023 TANGIBLE FIXED ASSETS- eonlillued Furnitttre Equipmettt and thols Solar paneIs fittings Totals COST At I January 2023 Additions 14,078 581 19,635 4.249 29,490 233,635 13,095 At 3 1st December 2023 14.659 23.884 29,490 246.730 DEPRECIATION At I st January 2023 Charge for year 9,445 1,205 9.944 3,210 7.375 1.475 39.763 9,106 At 31st December 2023 10,650 13,154 8,850 48,869 NET BOOK VALUE At 3 1st December 2023 4,009 10.730 20,640 197,861 At 3 1st December 2022 4.633 9.691 21115 193,872 The cost of building and ijnprovements is shown net of gr8nts of £129.110. FIXED ASSET INVESTMEiirs Unlisted investments At 1st JallU2ry 2023 Revaluations 110.242 10.131 At 31st December 2023 120,373 NET BOOK VALUE At 31st Decetnber 2023 120,373 At 3 1st December 2022 110,242 There were no investtlleDt Ass¢ts outside the UK. Cost or valuation at 31st December 2023 is represented by: Unlisted investtnents Valuation in 2019 Valuation in 2020 VA]uation in 2021 Valuation in 2022 Valuation in 2023 Cost 2.683 6,351 15,535 (14,J27) 10,131 100,000 120,373 Page 9 continued...
MAWDESLEY VtLLAGE HALL NOTES TO THE FINANCIAL STATENTs- eotttillued FOR THE YEAR ENDED 31ST DECEMBER 2023 STOCKS 2023 2022 Stocks 3.261 3,261 DEBTORS: AMOUNfs FALLING DUE wITN ONE YEAR 2023 2022 Other debtors Prepayments and accrued itieome 901 4.999 4.730 4,730 5.900 CREDITORS: .4MouNfs FALLING WITHtN ONE YEAR 2023 2022 Tre creditors Social security and other teS Accrua]s and deferred income 622 565 7,433 1,575 7,998 1197 io. MOVEMENf IN FUNDS Net movement in funds At 31112123 At 111123 Unrestrieted funds General fijlld 336,925 1,883 338,808 TOTAL Fuf4DS 336,925 1,883 338,808 Net movement in fimds, included in the alM)ve are Ls follows: Incoming Resources expended Movetnent in funds losses Unrestricted fund5 General fund 89.796 (98.043) 10,130 1,883 TOTAL FUNDS 89.796 (98,043) 10,130 1,883 Comparative5 for movernent ID funds Net movement in fijnds At 31112122 At 111122 Unrestricted funds Gener21 fi]nd 353.105 (16.180) 336,925 TOTAL FUNDS 353.105 {16,180) 336,925 Page 10 CODtinued...
MAWDESLEY VILLACE HALL NOTES TO THE FINANCIAL sTATETs- continued FOR THE YEAR ENDED 31ST DECEhlBER 2023 io. MOVEMENT IN Fuf4DS- CODtiDUtd Comparative net movement in fid8 included in the al)ove are as follows: tncomirLg resources Resources expellded Gains and losses Movement ill funds UDre5tricted fund5 General fund 110,881 (112,734) (14.327) (16.180) TOTAL Fuf4DS 110.881 (112,734) (14,327) {16,180) A current year 12 months amd prior year 12 months combined wjsition is as follows.. Net moverne in fid5 At 31112123 At 111122 Unrestricted ndS Genera] fimd 353,105 (14.297) 338.808 TOTAL FUNDS 353,105 (14.297) 338,808 A ¢UTrent yeax 12 month and prior year 12 months combined net movement in ineluded in the thove are as follows: Incoming r¢sources Resour5 expended Gains and losses Movement in funds Unrestrieted funds Gener&i fi]nd 200.677 {210.777) (4,197) (14.297) TOTAL FUNDS 21JO.677 {210.777) (4,197) (14.297) ii. RELATED PARTY DISCLOSURES There were no related party traDsaetioDs for tbe year ended 31st Decetnbu 2023. 12. DESIGNATED FUNDS To wver anticipated tre expenditure, funds are ]ng built up in a reserve account and held iu a Charity Commission investmenL At the year end the balances were &$ follows... Contingency fid Extraordinary repair fund Robert Moss Will Trust 26,000 10.000 1.505 Page 11
MAWDLSLEY VILLAGE HALL NOTES TOTHE FINANCIAL STATEMENTS. tOlltinUE FOR THE YEAR ENDED31 DECEMBER 2023 13. DETATLED STATKMETrtr OF FINANCL4LAcrJvrTIES 2023 Tot*l ZOZ2 Total Iller•me Operatiollal iDCLY SDbTp4n¢l 33,614 16.772 33.586 83.972 41,366 5,037 54.894 96.260 5,037 35.704 16.T12 33.586 86.062 46.403 54.894 101,297 Dirtei eXLaitre Event Water L4gbt ALdJJÈat L4gbt Aad heat ptior yt8radjLtDt aeaDerfs wages Cleaning mat?tiats Catttsktts wag¢S kJo8 secrerary Wasts thsposal B8T supplies
twa barwa
14,185 3.080 17265 188 5.908 15.813 15.813 8.649 1.170 5,981 3,609 3,214 8.649 5.981 3.609 3214 1217 958 26.404 16.886 4.016 1210 4.016 958 6.747 4205 15.743 9.813 22.45X) 14.018 26.404 16.886 34.739 14.032 25.556 74J27 41.422 432S g4.712 Gro85 surp14 965 11.735 16.585 Ot} knto]llt DoDaliODS Net fithiSiDgio[ FixEd a5Stt investsnezrt divideth rtc¢ivtyJ lJ20 3J47 3292 3,667 135 Deposit accouDt terest 387 l5,469 26,169 SuppDrl and over11 cojtj 324 363 260 lJ28 1.419 2253 555 803 1.758 2.503 Printin& WSts8¢ andstationcry AdvertiSLryS Tclepholle & bFoadbaDd GaTdths Account8Y Stocktak¢r 1059 2.034 560 838 159 3.346 3.650 320 174 BaDk charges 1.167 6311 Bdministratiorl DDnatiotLS DwwiatioD 9.107 23.716 28.022 NetincoTll¢ 8247 A*] zo 2021 School HIJC U3A 170 14,730 19.392 354 2.061 1.620 428 668 689 132 13,046 Privats Fiwuons Mawdesley T¢llllis Club MAD 824 3.542 Iso Chortey Couocll ChoirlBaDd 1.054 87 33.614 41.366 Pw12