2024-05-31-accounts

Waltham Vlllage Instltute (Waltham on the Wolds Vlllage Hall) Recelpts and Payments Aeeounts for the year ended 31 May 2024 Reglstercd Charlty Number: 521518 Clayton & Brewill Chartered Accountants Cawley Hous¢ 149-155 Canal Street Nottingham NGI 7HR

WAltbam Vlllage Tnstitute (Waltbam on the Wolds Village Hall) Contents of the Ffinanclal Statement5 for the year ended 31 May 2024 Pa Report of the Trustees Independent Examiner's Report Receipts and Payments Account Ststement of Ass¢ts and Liabililies

Waltham Village Instithte (Waltham on the Wolds Vfillage Hall) Report of the Trustees For the year ended 31 May 2024 OBJECTIVES AND ACTIVITIES The object of the cbarity is the OPeTation of a Villag¢ Hall, to provide eductaion, training. sport and recreational facilities to the general public. PUBLIC BENEFIT In setting obj¢¢ives, planning for activities and delivering those activities, the trustees have had rcgard for, and given due consideration to, the general guidance published by the Charity Commission relating to public benefit. The activities taken to benefit the public have been to maintain the Waltham Village Hall in a sound state of repair .well heated, lit and clean for use by the Parishioners of Waltham in accordance with all appropriate rules , regulations and expected standards of compliancc. ACTIVITIES The activities undertaken during the year were in general to maximise the numbcr of wcdding bookings and other venue hire to produce sufficient income lo mainlain the building and support the parishioners, school, scout group and other societieslgroups of Waltham by providin&i thc facilities of the Hall to the highest standards possible at the lowest cost possible. FIIYANCIAL REVIEW Receipts totalling £112,986 (2023: £104,710) were received during the year. This was principally duc to Hall hire £71,8154 and bar income £40.155. Payinents totalling £92,082 (2023: £80,686) w¢re made during the year, with increases in bar and event costs, light and heat and wages costs. This leaves a net surplus of £20,904 for the year, compared to a surplus of £24,024 in 2023. RESERVES POLICY It is the policy of the charity to maintain rcserves at a level which equates to approximately twelve months expenditure. This provides sufficient funds to cover costs. Reserves were maintained at this level throughout the year. STRucfuRE, GOVERNANCE AND MANAGEMENT Governfing Document The charity is constitutcd througb a conveyance dat￿ 0411211953 as amended on 05/1212016.

Waltham Village Institute (Waltham on the Wolds Vlllage Hall) Report of the Trustees (Cont'd) For the year ended 31 May 2024 RECRUITMENT AND ApPoi￿rmENT OF IYEW TRUSTEES Where there is a requiremcnt for new trustees these are identified and appointed by the remaining trustees. INDUCTION AND TRAINING OF NEW TRUSTEES The Chairman of the trust¢cs is reponsible for the induction of any new trustee which involves awareness of a trnstee's responsibiliti¢s, the goveming docum¢nt, administritive procedures. and the history and philosophical approach of the charity REFERENCE AND ADMINTSTRATIVE DETAILS Reglstered Charlty number 521518 Prlnclpal address 19 Goadby Road Waltham on the Wolds Meltoii Mowbray Le1C￿terShir¢ LE144AG Trnstees The trustees below have held office durAng the whole of the period from ijl June 2023 to the date of this report. G Escreet T Morris G Baxter C B￿ter K M Stubbs A Fairhead

IW8lthaffj ott ih¢ Vlll4tr Hall} Rw¢ •{ the Trurtea (Cont'l) For th* txJed 31 My 2124 Cltyon & Br¢will L'awley H 1•155 car￿ Street N￿lInghaM NGJ 7HR Bu¢laysbthpk Lticeit¢f LE87 2BIJ ApNoved by ()rder oftht Board of Tn¥teeJ ao .. .. ¥nd 618￿0 ffj their b¢h￿( by. T Morris

Waltham Vlllage Institute (Waltham on the Wolds Vlllage Hall) Independent Examlner*s Report to the Trustees of Waltham Vlllage Instfitute I report on the accounts of the charity for the year ended 31 May 2024 which are set out on pages 6 to 7. Responsibilities and basts of report As the charity's trustees you are responsible for the preparation of the arxounts in accordance with the requirements of the Charities Act 2011 ('Ihe Act,). E report in respect of my examination of the charity's accounts carried out under section L45 of the 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 th¢ Act. Independent examlner's statemcnt I have completed my examination. I confinn that no material matters have Come to my attention in connection with thc cxamination giving me cause to believe that in any material respect: l. Accounting records were not kept in respect of thc charity as required by s¢ction 130 of the Act;or 2. The accounts do not accord wilh those records. I have no concerns and have com¢ 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 th¢ accounts to be reach¢d. Yvonne Jackson BSC (Hons) FCA Clayton & Brewill Chartered Accountants 149-155 Canal Street Nottingham NGI 7HR Date:

Waltham Village Institute (Waltham on the Wolds Vlllage Hall) Receipts and Payments Account For the year ended 31 May 2024 Unrestricted Funds 2024 Unrestricted Funds 2023 Bar Hall hirc (Inc Charter fair Income) Donations received Bank interest 40.155 35,381 71,884 69,166 23 140 947 Total recelpts 112986 ments Bar costs Other event costs (Tncludes charter fair costs) Wages and salaries Rent and rates Light and heat (net of feed in tariffj Propety insurance Cleaning Repairs and maintenance TelecommunicatAons Accountancy fees Legal and profo88ional fees Lic¢n¢es Other expenses 25,401 23,619 9,906 25,020 881 3,657 22,995 898 10,308 2.342 1,355 7.893 14,126 1.589 1,010 8,049 5,828 1,718 1,061 1,757 509 673 529 Totfdl pAyment$ Surplus for the year 20,904 24,024 Banklcash balances blfwd at 3110512023 82,715 58,691 Bankleash balances clfwd at 3110512024 103,619 82,715

Wiltham Vlllie Jnjthvte (W4kham OD Vljkny Hall) Slil•m•Mt ofAM4ts aul Llblllll Al M31 May 2014 FIXED ASSETS v111￿ H411 eA8H FIlY￿4 16.649 15J28 4.4¥2 964 61.741 Chrt¢r Fili 4Lrounl 927 80h87 tkpNii a¢counl TOTALCASH FUYDS 103,619 82,713 MONIES OWEDTO THE 3¥J44 30,426 11 f f I.'.y.. These were approved by the Board of Tni8tees on ... .. and sisncd on their