REGISTERED CHARITh NUMBER: 521856 Re ort of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 202 for Metherin ham Villa e Hall Reeve & Co Chartered Certified Accountants Unit 14 Oak House Witham Park Waterside South Lincoln LN5 7FB
Metherin ham Villa e Hall Contents of the Financial Statements for the Year Ended 31 March 2025 Page Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements Detailed Statement of Financial Activities
Metherin ham Villa e Hall Re ort of the Trustees 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 IFRS 1021 (effective l January 20191. 5TRucfuRE, GOVERNANCE AND MANAGEMENT Governlng document The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. REFERENC£ AND ADMINISTRATIVE DETAILS Registered Charity number 521856 Principal address Metheringham Village Hall Fen Road Metheringham Lincoln Lincolnshire LN4 3AA Trustees Miss H Brown Mr5 J Brown D Rushby Mrs P Ventress Mrs A Ru55el Independent Examlner Reeve & Co Chartered Certified Accountant5 Unit 14 Oak House Witham Park Waterside South Lincoln LN5 7FB Approved by order of the board of trustee5 on and signed on its behalf by.. Miss H Brown - Trustee Page I
Inde endent Examiner'5 Re Metherin ham Villa e Hall ort to the Trustees of Independent examiner's report to the trustees of Metheringham Village Hall I report to the charity trustee5 on my examination of the èccounts of Metheringham Village Hall (the Trust) for the year ended 31 March 2025, Responsibllities 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 20111'the Act'l. 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 I have followed all applicable Directions given by the Charity Commission under Section 14515llbl of the Act. Independent examlner's Statement I have completed my examination. I confirm that no materlal 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 the accounts do not accord with those records,. or the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities IAccounts 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. I have no concerns and have come acr055 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. P A Reeve FCCA Reeve & Co Chartered Certified Accountants Unit 14 Oak House Witham Park Waterside South Lincoln LN5 7FB Date:..............................,..,.....,..,,. Page 2
Metherin ham Villa e Hall Statement of Financial Activities for the Year Ended 31 March 2025 31.3.25 Unrestricted fund 31.3.24 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and le8acie5 628 574 Charitable activities Hire ofvenue 26,887 24.638 Total 27,515 25,212 EXPENDITURE ON Charltable artivltles Hire of venue 21,513 29,420 NET INCOMEIIEXPENDITUREI 6,002 14,2081 RECONCILIATION OF FUNDS Total funds brought forward 4,749 8,957 TOTAL FUNDS CARRIED FORWARD 10,751 4,749 The notes form part of these financial statements Page 3
Metherin ham Villa e Hall Balance Sheet 31 March 2025 31.3.25 Unrestricted fund 31.3.24 Total fund5 Notes FIXED ASSETS Tangible assets 95 95 CURRENT ASSETS Debtors Cash at bank and in hand 876 11,093 836 4,574 11,969 5,410 CREDITORS Amount5 falling due within one year 11,3131 17561 NET CURRENT ASSETS 10.656 4,654 TOTAL ASSETS LESS CURRENT LIABILITIES 10,751 4,749 NET ASSETS 10,751 4,749 FUNDS Unrestricted funds 10.751 4,749 TOTAL FUNDS 10,751 4,749 The financial statements were approved by the Board of Trustees and authori5ed for issue and were signed on its behalf by.. on H Brown- Trustee The notes form part of these financial statements Page 4
Metherin ham Villa e 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 IFRS 1021 '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 IFRS 1021 leffective l January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the U K and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the historical c05t 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 reco8nised 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 requ ired 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 headin8S that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to actSvities on a basis consistent with the use of resources. Tanglble flxed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful Plant and machinery not provided Taxatlon The charity Is exempt from tax on its charitable activities. Fund accountlng Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustee5. Restricted funds can only be used for particular restricted purposes within the objects of the charitv. Re5triction5 arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees, expenses There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. Page 5 continued...
Metherin ham Villa e Hall Notes to the Financial Statements - continued for the Year Ended 31 March 2025 STAFF COSTS The average monthly number of employees during the year was as follows- 31.3.25 31.3.24 Support staff Na employees received emoluments in excess of £60,000, COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES Unrestricted fund INCOME AND ENDOWMENTS FROM Donations and legacies 574 Charitable activitles Hire of venue 24,638 Total 25,212 EXPENDITURE ON Charitable actlvltles Hire of venue 29,420 NET INCOMEIIEXPENDITURE) 14.2081 RECONCILIATION OF FUNDS Total funds brought forward 8,957 TOTAL FUNDS CARRIED FORWARD 4,749 TANGIBLE FIXED ASSETS Plant and machinery COST At l April 2024 and 31 March 2025 95 NET BOOK VALUE At 31 March 2025 95 At 31 March 2024 95 Page 6 continued...
Metherin ham Villa e Hall Notes to the Financial Statement5 - continued for the Year Ended 31 March 2025 DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Trade debtors 876 836 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Trade creditors Taxation and social securitv Other creditors 880 198 235 521 235 1.313 756 MOVEMENT IN FUNDS Net movement in funds At 31.3.25 At 1.4.24 Unrestrlcted funds General fund 4,749 6,002 10,751 TOTAL FUNDS 4,749 6,002 10,751 Net movement In funds, included in the above are a5 follows: Incoming re50urce5 Resou rces expended Movement in funds Unrestrlcted funds General fund 27,515 121.5131 6,002 TOTAL FUNDS 27,515 121,5131 6,002 Comparatlves for movement In funds Net movement in fund5 At 31.3.24 At 1.4.23 Unrestricted funds General fund 8,957 {4,2081 4,749 TOTAL FUNDS 8,957 14,2081 4,749 Page 7 continued...
Metherin ham Villa e Hall Notes to the Financial Statements - continued for the Year Ended 31 March 2025 MOVEMENT IN FUNDS- contlnued Comparative net movement in funds, included in the above are a5 follows: Incomin8 resources Resources expended Movement in funds Unrestricted funds General fund 25,212 129,4201 14,2081 TOTAL FUNDS 25,212 129,4201 14,2081 A current year 12 months and prior year 12 months combined position is as follows: Net movement in funds At 31.3.25 At 1.4.23 Unrestrlcted funds General fund 8,957 1,794 10.751 TOTAL FUNDS 8,957 1,794 10,751 A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestrlrted funds General fund 52.727 150.9331 1,794 TOTAL FUNDS 52,727 150,9331 1,794 RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2025. Page 8
Metherin ham Villa e Hall Detailed Statement of Financial Activities for the Year Ended 31 March 2025 31.3.25 31.3.24 INCOME AND ENDOWMENTS Donations and legacie5 Fund raisin8 Donations 628 174 400 628 574 Charitable artivltles Venue hire etc 26,887 24,638 Total Incomln8 resources 27,515 25,212 EXPENDITURE Charltable actSvitles Wages Rates & Council tax Cleaning Light and heat Repair5 to property & equipment Internet, post & stationery Sundries Accountancy fees Licence5 8,369 957 3,330 5,926 742 709 20 390 1,070 7,815 840 2,616 10,215 6,173 341 634 786 21,513 29,420 Total resources expended 21,513 29,420 Net Income/lexpendlturel 6.002 14,2081 This page does not form part of the statutory financial staternents Page 9