2022-03-31-accounts - Hindmarsh Village Hall

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REGISTERED CHARITY NUMBER: 522021

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

HINDMARSH VILLAGE HALL

Greaves Grindle Chartered Accountants Victoria House Bondgate Within Alnwick Northumberland NE66 1TA

HINDMARSH VILLAGE HALL CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

	Page
Report of the Trustees	1
Independent Examiner's Report	2
Statement of Financial Activities	3
Balance Sheet	4
Notes to the Financial Statements	5 to 12
Detailed Statement of Financial Activities	13 to 14

HINDMARSH VILLAGE HALL

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. 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).

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

522021

Principal address

Northumberland Street Alnmouth Alnwick Northumberland NE66 2RA

Trustees

Dr W F Bourne Mrs J A Woodford Mr D R K Denton Mrs J Bourne (resigned 7.9.2021) Mr J Webb (resigned 7.9.2021) Mrs S Wilson Mrs P S Hartshorn (resigned 7.9.2021) Mrs H Blythe Mrs M Bickerdike Mrs E Stead Mrs N Brierley

Independent Examiner

Greaves Grindle Chartered Accountants Victoria House Bondgate Within Alnwick Northumberland NE66 1TA

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

.................................................................... Mrs E Stead - Trustee

Page 1

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HINDMARSH VILLAGE HALL

Independent examiner's report to the trustees of Hindmarsh Village Hall

I report to the charity trustees on my examination of the accounts of Hindmarsh Village Hall (the Trust) for the year ended 31 March 2022.

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 I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I 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
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 (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.

I 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.

Alan Douglas Clark FCA Greaves Grindle Chartered Accountants Victoria House Bondgate Within Alnwick Northumberland NE66 1TA

Date: .............................................

Page 2

HINDMARSH VILLAGE HALL

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022

Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 12,852 Charitable activities 5 Regular Rents 5,544 Refurbishment Expenditure - Other activities 3 8,402 Investment income 4 23 Other income 250 Total 27,071 EXPENDITURE ON Raising funds 6 24,133 Charitable activities 7 Hall Running Costs 2,644 Other 15,764 Total 42,541 NET INCOME/(EXPENDITURE) (15,470) RECONCILIATION OF FUNDS Total funds brought forward 21,812 TOTAL FUNDS CARRIED FORWARD 6,342	Restricted funds £ 706 - 41,400 3,881 - - 45,987 81,892 - - 81,892 (35,905) 49,350 13,445	2022 Total funds £ 13,558 5,544 41,400 12,283 23 250 73,058 106,025 2,644 15,764 124,433 (51,375) 71,162 19,787	2021 Total funds £ 2,640 336 82,090 4,375 18 - 89,459 32,952 3,673 12,627 49,252 40,207 30,955 71,162

The notes form part of these financial statements

Page 3

HINDMARSH VILLAGE HALL

BALANCE SHEET 31 MARCH 2022

Unrestricted Restricted fund funds Notes £ £ CURRENT ASSETS Cash at bank 25,111 13,445 CREDITORS Loan account 12 (18,769) - NET CURRENT ASSETS 6,342 13,445 TOTAL ASSETS LESS CURRENT LIABILITIES 6,342 13,445 NET ASSETS 6,342 13,445 FUNDS 14 Unrestricted funds: General fund Restricted funds: Hall Refurbishments Shower and Store Room Refurbishment Art Group TOTAL FUNDS	2022 Total funds £ 38,556 (18,769) 19,787 19,787 19,787 6,342 12,261 - 1,184 13,445 19,787	2021 Total funds £ 71,162 - 71,162 71,162 71,162 21,812 47,780 502 1,068 49,350 71,162

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

............................................. Mrs E Stead - Trustee

The notes form part of these financial statements

Page 4

HINDMARSH VILLAGE HALL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

1. 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.

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.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. DONATIONS AND LEGACIES

Unrestricted Restricted funds funds £ £ Donations 2,559 706 Gift aid 2,293 - Grants 8,000 - 12,852 706	2022 Total funds £ 3,265 2,293 8,000 13,558	2021 Total funds £ 2,070 570 - 2,640

Grants received, included in the above, are as follows:

Covid Restart Grant

2022	2021
£	£
8,000		-

continued...

Page 5

HINDMARSH VILLAGE HALL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

3. OTHER ACTIVITIES

Unrestricted Restricted funds funds £ £ Fundraising events 2,650 - Northumberland Theatre Company 1,653 - Produce stall - 3,881 Fairs 976 - Northumberland County Council 384 - Food festival 150 - Non regular 2,589 - 8,402 3,881 INVESTMENT INCOME Unrestricted Restricted funds funds £ £ Interest received 23 - INCOME FROM ACTIVITIES Activity Coffee mornings Regular Rents Dance dynamics Regular Rents Keep fit Regular Rents Line dancing Regular Rents Venture scouts Regular Rents Women's Institute Regular Rents Private parties Regular Rents Yoga Regular Rents Other local activities Regular Rents Non regular rents Regular Rents Grants Refurbishment Expenditure Grants received, included in the above, are as follows: Community Foundation Rothley Trust Northumberland County Council Arnold Clarke Garfield Trust The Burgage Holders of Alnmouth Common R W Mann Carried forward		2022 Total funds £ 2,650 1,653 3,881 976 384 150 2,589 12,283 2022 Total funds £ 23 2022 £ 48 406 560 296 384 373 780 272 2,082 343 41,400 46,944 2022 £ 10,000 900 2,000 1,000 15,000 6,000 1,500 36,400		2021 Total funds £ 1,508 - 2,867 - - - - 4,375 2021 Total funds £ 18 2021 £ - - - - - - 119 - 84 133 82,090 82,426 2021 £ - - - - - - - -

4. INVESTMENT INCOME

5. INCOME FROM ACTIVITIES

continued...

Page 6

HINDMARSH VILLAGE HALL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

5. INCOME FROM ACTIVITIES - continued

Brought forward Northumbria Coast and Country Cottages	2022 £ 36,400 5,000 41,400	2021 £ - - -

6. RAISING FUNDS

Raising donations and legacies

Unrestricted funds £ Professional fees 1,098 Other activities Unrestricted funds £ Northumberland Theatre Company 1,156 Event advertising 130 Non regular 628 1,914 Refurbishment costs Unrestricted funds £ Property repairs 21,121 Aggregate amounts 24,133	Restricted funds £ - Restricted funds £ - - - - Restricted funds £ 81,892 81,892	2022 Total funds £ 1,098 2022 Total funds £ 1,156 130 628 1,914 2022 Total funds £ 103,013 106,025	2021 Total funds £ 2,960 2021 Total funds £ - - - - 2021 Total funds £ 29,992 32,952

continued...

Page 7

HINDMARSH VILLAGE HALL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

7. ACTIVITIES COSTS

ACTIVITIES COSTS
	Support
	costs (see
	note 8)
	£
Hall Running Costs	2,644

8. SUPPORT COSTS

Information Governance Management technology costs £ £ £ Other resources expended 14,943 317 504 Hall Running Costs 2,644 - - 17,587 317 504	Totals £ 15,764 2,644 18,408

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.

10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
Restricted
fund
funds
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
670
1,970
Charitable activities
Regular Rents
336
-
Refurbishment Expenditure
26,304
55,786
Other activities
1,508
2,867
Investment income
18
-
Total
28,836
60,623
EXPENDITURE ON
Raising funds
2,060
30,892
Charitable activities
Hall Running Costs
3,673
-
Other
11,627
1,000
Total
17,360
31,892
NET INCOME
11,476
28,731

Total
funds
£
2,640
336
82,090
4,375
18
89,459
32,952
3,673
12,627
49,252
40,207

continued...

Page 8

HINDMARSH VILLAGE HALL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

10.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
		Unrestricted	Restricted	Total
		fund	funds	funds
		£	£	£
	RECONCILIATION OF FUNDS
	Total funds brought forward	10,336	20,619	30,955
	TOTAL FUNDS CARRIED FORWARD	21,812	49,350	71,162
11.	TANGIBLE FIXED ASSETS
				Improvements
				to
				property
				£
	COST
	Additions - fire escape			6,000
	Grants - Northumberland County Council			(6,000)
	At 31 March 2022				-
	NET BOOK VALUE
	At 31 March 2022				-
	At 31 March 2021				-
12.	CREDITORS
			2022	2021
			£	£
	Other creditors		18,769		-
13.	LOANS
			2022	2021
			£	£
	Other loans		18,769		-

continued...

Page 9

HINDMARSH VILLAGE HALL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

14.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Restricted funds
Hall Refurbishments
Shower and Store Room Refurbishment
Art Group
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Hall Refurbishments
Shower and Store Room Refurbishment
Art Group
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Restricted funds
Hall Refurbishments
Shower and Store Room Refurbishment
Art Group
TOTAL FUNDS

Net
movement
At
At 1.4.21
in funds
31.3.22
£
£
£
21,812
(15,470)
6,342
47,780
(35,519)
12,261
502
(502)
-
1,068
116
1,184
49,350
(35,905)
13,445
71,162
(51,375)
19,787
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
27,071
(42,541)
(15,470)
45,282
(80,801)
(35,519)
-
(502)
(502)
705
(589)
116
45,987
(81,892)
(35,905)
73,058
(124,433)
(51,375)
Net
movement
At
At 1.4.20
in funds
31.3.21
£
£
£
10,336
11,476
21,812
19,049
28,731
47,780
502
-
502
1,068
-
1,068
20,619
28,731
49,350
30,955
40,207
71,162

continued...

Page 10

HINDMARSH VILLAGE HALL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

14. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fund	28,836	(17,360)	11,476
Restricted funds
Hall Refurbishments	60,623	(31,892)	28,731
TOTAL FUNDS	89,459	(49,252)	40,207

A current year 12 months and prior year 12 months combined position is as follows:

		Net
		movement	At
	At 1.4.20	in funds	31.3.22
	£	£	£
Unrestricted funds
General fund	10,336	(3,994)	6,342
Restricted funds
Hall Refurbishments	19,049	(6,788)	12,261
Shower and Store Room Refurbishment	502	(502)	-
Art Group	1,068	116	1,184
	20,619	(7,174)	13,445
TOTAL FUNDS	30,955	(11,168)	19,787

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds General fund Restricted funds Hall Refurbishments Shower and Store Room Refurbishment Art Group TOTAL FUNDS	Incoming resources £ 55,907 105,905 - 705 106,610 162,517	Resources Movement expended in funds £ £ (59,901) (3,994) (112,693) (6,788) (502) (502) (589) 116 (113,784) (7,174) (173,685) (11,168)

continued...

Page 11

HINDMARSH VILLAGE HALL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

15. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2022.

Page 12

HINDMARSH VILLAGE HALL

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022

INCOME AND ENDOWMENTS Donations and legacies Donations Gift aid Grants Other activities Fundraising events Northumberland Theatre Company Produce stall Fairs Northumberland County Council Food festival Non regular Investment income Interest received Charitable activities Grants Coffee mornings Dance dynamics Keep fit Line dancing Venture scouts Women's Institute Private parties Yoga Other local activities Non regular rents Other income Equipment disposal Total incoming resources EXPENDITURE Raising donations and legacies Professional fees	2022 £ 3,265 2,293 8,000 13,558 2,650 1,653 3,881 976 384 150 2,589 12,283 23 41,400 48 406 560 296 384 373 780 272 2,082 343 46,944 250 73,058 1,098	2021 £ 2,070 570 - 2,640 1,508 - 2,867 - - - - 4,375 18 82,090 - - - - - - 119 - 84 133 82,426 - 89,459 2,960

This page does not form part of the statutory financial statements

Page 13

HINDMARSH VILLAGE HALL

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022

Raising donations and legacies Other activities Northumberland Theatre Company Event advertising Non regular Refurbishment costs Property repairs Support costs Management Rates and water Insurance Light and heat Telephone Postage and stationery Advertising Sundries Performing rights society Cleaning Equipment repairs and renewals Repairs Maintenance renewals Subscriptions Loan Information technology Website Governance costs Accountancy and legal fees Maintenance renewals Total resources expended Net (expenditure)/income	2022 £ 1,156 130 628 1,914 103,013 310 1,463 2,080 504 86 - 1,010 308 3,572 6,809 156 1,240 10 39 17,587 317 150 354 504 124,433 (51,375)	2021 £ - - - - 29,992 251 1,367 687 504 24 135 - 170 548 1,000 10,098 931 118 - 15,833 317 150 - 150 49,252 40,207

This page does not form part of the statutory financial statements

Page 14