Wren Hall Report and Financial Statements 31 December 2024 Charity number: 522936
Wren Hall Report and Financial Statements Contents Page Legal and administrative infomiation Report of the Trustees Report of the Independent Examiner Statement of financial activities Balance sheet Cashflow stslement Notes forming part of the financial statements Additional information (does not fomi part of the financial statements) 7-12 13
Wren Hall Legal and administrative information Trustees MsNForty" Mr R Forty Ms D Gumley." MrHBJones" Mr R Price" Ms C Silvesler Mr R J Slatem . Ms D Wood "" Mrmwood" Secretary Bookings Events Appointed 21 February 2024 Appointed 13 March 2024 Treasurer Appointed 21 February 2024 Website Chair Appointed 21 February 2024 Appointed 21 February 2024 Trustee holding title to freehold land and buildings per the H M Land Registry, although transferral to the Official Custodian is in progress, see note 9. Committee member prior to appointrnent as Trustee Address Wren Hall School Lane Wroxall Wamickshire CV35 7NF Independent examiner Dr J R Ayling Bsc FCA 8 Troutbeck Avenue Leamington Spa WaNickshire CV32 6NE Bankers HSBC Bank PLC 34 Poplar Road Solihull West Midlands B91 3AF Shawbrook Bank Ltd Lutea House Warley Hill Business Park The Drive Great Wadey BrentWOCMJ Essex CM13 3BE CCLA Senator House 85 Queen Victoria Slreet London EC4V 4ET Skipton Building Society The Bailey Skipton North Yorkshire BD23 1DN
Wren Hall Report of the Trustees for the year ended 31 December 2024 The Trustees present their report along with the financial statements of the Charity for the year ended 31 December 2024. The financial ststements have been prepared in accordance with the accounting policies sel out on pages 7 and 8, and comply with the Chariivs Constitution and applicable law. Structure, Governance and Management Wren Hall is constituted under a conveyance dated 1 September 1967, amended 30 April 2014, and is registered with the Charity Commission for England and Wales. The Trustees who have served during the year and since the year end are set out on page 1. Except as disclosed in note 2, no Trustees received remuneration from the Charity in the year ended 31 Dember 2024 (2023: nill. The power to appoint Trustees is vested in the current Trustees. Trustees are selected according to the skills, either professional and l or personal, they can bring to the role and must live within the parish. In choosing new Trustees, consideration is also given to ensuring a balanced Board in terms of age and gender. The Trustees have examined the major strategic, business and operational risks which the Charity faces and confirm that systems have been established to mitigate those risks. The day to day running of the Charity is undertaken by the Trustees. Objectives and activities The Wren Hall charity was established to represent all those with an interest in the local community encompassed within the catchment area defined as the communits'es of Beausale, Haseley, Honiley and Wroxall. By working in partnership with all relevant interest groups. voluntary organisations, statutory authorities and individuals the Board of Trustees seeks to provide for improvement in local wellbeing of an involved and valued community. The Charity has achieved these objectives via its properties: Wren Hall is a meeting room located beeen Warwick and KnOe and is open to individuals, community groups, voluntary organisations, partnership agencies and businesses that are based in, or have an interest in the area. It acts as a focal point for village affairs bringing ihe local community together. The Parish Room is a fenced recreation ground in Honiley on the site of the old Parish Room which was demolished several years ago. Achievements and performance Wren Hall enjoyed another successful year in 2024. The aim of the Trustees is for the hall to be regularly used by the community. The regular hirers continued to support us. The Monday Lunch Club was held every two months and a film club was added to the calendar. In summary in 2024 there were.. 17 Wren Hall events and the weekly Creative Café. 28 Sunday Teas which generated £21,000 of income for the charities who ran the sessions. 38 one-off events, including one wedding reception. 517 regular activity classes, including Yoga, Pilales, Zumba. an art group and a choir. There was something happening at Wren Hall on 342 days of the year in 2024. Financial Review During Ihe year ended 31 December 2024 the Charity received income mainly from room hire and events. Expenditure comprised mainly the cost of heating and maintaining the principal property- The Charity reported a surplus of £14.23412023: £1.915) for the year. Reserves policy The Charity aims to hold sufficient reserves to meet its day to day requirements. At 31 December 2024 the Charity had funds of £612.58412023= £598.350) of which £3,653 {2023.' £6,921) were restricted. Approved by ihe Truslees and signed on their behalf by: 1 Oth September 2025 Mr M Wood - Trustee Date
Independent examiner's report To the Trustees of Wren Hall I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 December 2024 which are set out on pages 4 to 12. Responsibilities and basis of report As the charity's Trustees you are responsible for the preparation of the accounts in accordance wth the requirements of the Charities Act 2011 {Yhe Act'}. I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Direcbons 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.. 1. accounting records were not kept in respect of the charity as required by section 130 of the Acl., 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 Irue and fair view. which is not a matter considered as part of an independent examination. I have no concems 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. 16 September 2025 Dr J R Ayling Bsc FCA 8 Troutbeck Avenue Leamington Spa CV32 6NE Date
Wren Hall Statement of Financial Activities for the year ended 31 December 2024 Unrestricted Funds Restricted Funds Total 2024 Total 2023 Notes Income and endowments from: Donations and legacies Charitable activities 1,050 48,988 12.464 126 30,443 14.109 3,167 113 1,840 32,283 14.109 3,167 113 other trading activities Investments Other income 1,064 Total income and endowTnents 47,832 1.840 49,672 63,692 Expenditure on: Raising funds Charitable activikn'es 7,923 22,407 7,928 27,510 4,097 57,680 5.103 Total expenditure 30,330 5.108 35,438 61,777 Net income l (expenditure) 17,502 (3.2681 14,234 1,915 Transfers 12 Net movement In funds 17,502 (3,2681 14,234 1,915 Total funds brought forward 12 591.429 6,921 598.350 596,435 Total funds carried forward 12 608.931 3.653 612.584 598,350 There were no recognised gains and losses for the Charity for the current or prior periods other than those included in the ststement of Financial Activities. All income and expenditure arises from continuing activities.
Wren Hall Balance Sheet as at 31 December 2024 31 Dec 2024 31 Dec 2023 Notes Fixed assets Tangible assets 517,700 521,783 Current assets Debtors Cash at bank and in hand 10 850 86,178 97,011 97,860 87,028 Creditors: amounts falling due within one year 11 {2,9761 {10,461) Net current assets 94,884 76,567 Total assets less current liabilities being total net assets 612.584 598,350 Funds Restricted Unrestricted 12 12 3,653 608,931 6,921 591,429 612,584 598,350 Approved by the Truslees and signed on their behalf by: 10th September 2025 Mr M Wood - Trustee Date
Wren Hall Cashflow statement for the year ended 31 December 2024 Year ended 31 Dec 2024 Year ended 31 De¢ 2023 Cash flows from operating activities Net income Adjustments for.. Depreciation Interesl from investments Decrease I (increase) in debtors Decrease in creditors 14,234 1,915 7,450 13,167) 7,114 (126) (69) {231) (7,485) Net cash provided by operating activities 11.033 8,603 Cash flows from Investlng actlvlties Interest and dividends Purchase offixed assets 3,167 (3,367) 126 {11,982) Net cash used in investing activities (2001 {11,856) Change in cash and cash equivalents in the year 10,833 {3,2531 Cash and cash equlvalents brought forward 86,178 89,431 Cash and cash equivalents carried forward 97,011 86,178 Analysis of cash and cash equivalents Cash in hand 97.011 86,178 Analysis of changes in net debt and cash balances At start of year Cash flows At end of year Cash 86,178 10,833 97,011
Wren Hall Notes forming part of the financial statements for the year ended 31 December 2024 Accounting policies {a} Basis of pparation and assessment of going ¢on¢em The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise slated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Slatemenl of Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 issued in October 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland {FRS 102) and the Charities Act 2011. The trust constitutes a public benefit entity as defined by FRS 102. The trustees consider that there are no material uncertainties about the Trust's ability lo continue as a going concern. Ibl Funds Structure Unrestricted income fvnds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unresthcted funds include designated funds where the Irustees, at their discretion. have created a fund for a specific purpose. Restricted funds are funds which are to be used in accordance with specific restricbons imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is sel out in Ihe notes to the financial statements. {¢} Income recognition l income is recognised once the charity has entiuement the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Donations, are recognised when the Trust has been notiffied in writing of both the amount 8nd settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to Ihe funds, the income is deferred and nol recognised unb'l either those condib'ons are fully met, or Ihe fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period. The charity has received govemment grants in SpeCt of the refurbishment of Wren Hall. Income from government and other grants are recognised at fair value when the charity has entiuement after any performance conditions have been met. it is probable that the income will be received and the amount can be measured reliably. If entlement is not met then these amounts are deferred. No arnounl is included in Ihe financial stalements for volunteer lime in line with Ihe SORP IFRS 1021. Income from Irading activities includes income eamed from fundraising events and trading activities lo raise funds for the charity. Income is received in exchange for supplying gi)ods and services in order lo raise funds and is recognised when entidement has occurred. {dl Expenditure recognition 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 settlement will be required and the amount of the obligation can be measured reliably. l expenditure is accounted for on an accruals basis. All expenses induding support costs and governance costs are allocated or apporboned to the applicable expenditure headings. For more infomation on this attribution refer to note (Q below. {el Irrecoverable VA T Irrecoverable VAT is charged against the expenditure heading for which it was incurred. lry Allocation of support and governance Costs All support costs have been attributed to charitable activities. Governance costs comprise all costs involving the public accounlability of the charity and its Complian with regulation and good practice.
Wren Hall Notes forming part of the financial statements for the year ended 31 December 2024 Accounting policies (continued) {g} Fixed assets and depreciation Tangible fixed assets are capitalised above a threshold of £150 per asset and are slated al cost (or deemed cost) less accumulated depreciation and accumulaled impaimient losses. Depreciation is provided on tangible fixed assets, at rates calculated to write off the cost. less estimated residual value, of each asset on a systematic basis over its expected usefvl lrfe as follows= Freehold land No depreciation Freehold buildings 1Yo straight line Fixtures and fittings 10Yo Straight line 2 Related party transactions and trustees, expenses and remuneration During the year ending 31 December 2024 payments of £3,621 (2023.. £750} were made to Ms D Gumley (Trusteel for the research she perfomied on the Cookery Book project. £3.270 of the payments made in the current year had been accrued at 31 December 2023. With the exception of these payments to Ms D Gumley. the Trustees all give their lime and expertise without any form of remuneration or other benefit in cash or kind {2023'. £nil). Expenses paid to the Trustees in the year totalled £nil {2023.' £nil)- There were no other related paty transactions12023: none)- Wren Hall employs no staff. Income and endowments from donations and legacies Year ended Year ended 31 Dec 2024 31 Dec 2023 Donations 1,050 Donations receivable in 2023 were in respect of the restricted Bakers of Wroxall Creative Fund. 4 Income and endowrnents from charilable activities Year ended Year ended 31 De¢ 2024 31 Dec 2023 Rental income Wren Hall room hire Parish Room 28,029 25,356 100 25,456 28,029 Grant income 6,940 Comrnunity projects Creative Café Cookery book Other 1.046 1,840 1.368 4.254 1,052 15,540 16,592 32,283 48,988 Grant income and community projects income ansing from the Cookery book project are restricted.
Wren Hall Notes forming part of the financial statements for the year ended 31 December 2024 5 Ineome and endowments from other trading activities Year ended Year ended 31 Dec 2024 31 Dec 2023 Sale of donated goods Sunday teas Other events 100 2,237 10,127 12,464 1.837 12,272 14,109 6 Expenditure on raising funds Year ended Year ended 31 Dec 2024 31 Dec 2023 Sunday teas Other event cosls 521 7.407 7,928 283 3,814 4,097 Other event cosls of £5 {2023'. £5) were in respect of the reslricted Mr Wood Trophy fund. 7 Expenditure on Charitable activities Year ended Yearended 31 Dec 2024 31 De¢ 2023 Wren Hall expenditure Rates Repairs and maintenance Catering & cleaning Water Insurance Electricity and gas Telephone Bank charges Website costs Depreciation Charitable donation Sundry expenses 142 3.239 2.172 529 1,823 4,766 428 284 605 7,450 108 17,712 2,095 286 1,617 7,029 367 329 111 7,114 1,775 1,301 39,844 284 21,722 Community projects Cookery Book Other 723 4.170 4.893 16,811 16,811 Govemance costs 895 1,025 27,510 57,680 Depreciation costs include restricted expenses of £60 {2023.' £60}. Community project costs comprise restricted expenses of £4,893 12023= £16.811). Repairs and maintenance costs include restricted expenses of £nil12023.' £14,690). G0Veman cosls include restn.cted expenditure of £15012023.. £nill. Total restricled expenses included wtthin expenditure on charitable activities is £5,10312023- £31,561).
Wren Hall Notes forming part of the financial statements for the year ended 31 December 2024 8 Allocation of support eosts I support costs associated with charttable aclivities are allocated to Ihe sole charitable activity of the CharTty being to promote communal events via the provision of community meeting places. Govemance costs include £89512023: £1.025) in respect of the independent examine$ fee. No other fees were payable to the independent examiner12023: £nill. Year ended Year ended 31 Dec 2024 31 Dec 2023 Support cost Depreciation Govemance costs 7.450 895 8,345 7,114 1,025 8,139 9 Tangible fixed assets F¢hOld land and buildings Fixtures, fittings & equipment Total Cost At 1 January 2024 Additions Disposals At 31 December 2024 541,091 68,571 3,367 (3.7731 68,165 609,662 3,367 {3,7731 609,256 541,091 Depreciation At 1 January 2024 Charge for the period Disposals At 31 December 2024 56,986 946 30,893 6.504 (3.7731 33,624 87,879 7,450 {3,7731 91,556 57,932 Net book value At 31 December 2024 483,159 34,541 517,700 At 31 December 2023 484.105 37,678 521,783 During 2024, the Trustees transferred the title deeds of the two properties to the Official Custodian. An application to update the H M Land Registry records to reflect this change was acknowledged by them on 11 November 2024. The H M Land Registry estimates completion of the update by 17 March 2026. Included within the cost of freehold land and buildings is land at a cost of £46.500 (2023.. £46,500) which has not been depreciated. 10 Debtors 31 Dec 2024 31 Dec 2023 Trade debtors Prepayments and accrued income 748 102 850 10
Wren Hall Notes forming part of the financial statements for the year ended 31 December 2024 11 Creditors: amounts falling due within one year 31 Dec 2024 31 Dec 2023 Accruals and deferred income 2.976 10,461 Hall booking deposits of £1,749 which were received in the year ended 31 December 2024, but were for events to be held in the year ended 31 December 2025. were deferred at 31 December 2024. (Hall booking deposits of £2.024 which were received in the year ended 31 December 2023, but were for events to be held in the year ended 31 December 2024. were deferred at 31 December 20231. Deferred income al 1 January 2024 Additions during Ihe year Amounts released to income Deferred income at 31 December 2024 2,024 1,749 {1,7491 2,024 12 Summary offund movements Fund balance Fund Income & balance blf endowments Expendilure Trdnsfers Unrestricted funds General 591.429 47.832 {30.330) 608,931 Restricted funds Defibri118tor Fund Mr Wood Trophy Fund BWCF 180 125 6.616 6,921 (60) 151 (5,043) (5,108) 120 120 3,413 3,653 1,840 1,840 Total funds 598,350 49.672 35.438 612,584 Defibrillator Fund.. Funded by a donation from the Joint Parish Council to purchase a defibrillator for installation at the Hall. Mr Wood Trophy Fund". Funded by a donation from the estate of Mr R Wood to provide a prize in his memory al the annual Autumn show. BWCF {Bakers of Wroxall Crealive Fund) A collaborative c(Jmmunity project to produce a cookery book combining recipes with background family stories. memories and contemporary illustrations. The proftts made from the project are to be used to fund future creative events. Sufficient resources are held in an appropriate fom to enable the funds to be applied in accordance with the restrictions. 11
Wren Hall Notes forming part of the financial statements for the year ended 31 December 2024 13 Analysis of net assets byfund Unrestricted Funds Restricted Funds Totsl Fixed assets Current assets Current liabilities Fund balance 517.580 94,327 12,9761 608,931 120 3.533 517,700 97,860 (2,9761 612,584 3.653 14 Conlrolllng paity and ultimate Controlling party The controlling paty and ultimate controlling paty of the Charity is the Board of Trustees of Wren Hall. 12
Wren Hall Additional information This information does not fomi part of the financial statements of Wren Hall and has not been subject to an independent examiner's review. 1 Net event income Year ended 31 Dec 2024 Year ended 31 Dec 2023 Events Quiz Monday Lunch Club Film Club D-day celebration Barn Dance Autumn show Skittles Pumpkin I Scarecrow competition Christmas Wreath-making Workshops Christmas fair Open Studios Party on the Green 620 1,043 (56) 60 704 946 611 (30) 231 1,186 524 951 719 564 133) 1,975 996 1,067 (150) Other general event costs LiGensing Marketing (180) (270) 4.865 (180) (120) 6.313 13