REGISTERED CHARITY NUMBER: 523029
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
FOR
CHERINGTON, STOURTON & SUTTON-UNDERBRAILES VILLAGE HALL CHARITABLE TRUST
Bronsens Chartered Certified Accountants Eden House Two Rivers Business Park Witney Oxfordshire OX28 4BL
CHERINGTON, STOURTON & SUTTON-UNDERBRAILES VILLAGE HALL CHARITABLE TRUST
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
| Page | ||
|---|---|---|
| Reference and Administrative Details | 1 | |
| Report of the Trustees | 2 | |
| Independent Examiner's Report | 3 | |
| Statement of Financial Activities | 4 | |
| Balance Sheet | 5 | |
| Notes to the Financial Statements | 6 to | 10 |
| Detailed Statement of Financial Activities | 11 |
CHERINGTON, STOURTON & SUTTON-UNDERBRAILES VILLAGE HALL CHARITABLE TRUST
REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2025
TRUSTEES Mr J Walton Mrs B Cowen Mr T Lewis Mr C Carr (resigned 26.11.25) Ms C Dudfield Ms S Maaz Mr D Marriott Mr P S C Marshall Mr J Ind Ms A Maxwell (resigned 26.11.25) Mr A Wilson (appointed 23.5.24) Ms S Smith (appointed 27.11.24) Ms C H Naughton - Rumbo (appointed 26.11.25) Mr D Sewell (appointed 26.11.25)
PRINCIPAL ADDRESS
Pinfold Lane Stourton Shipston on Stour Warwickshire CV36 5HG
REGISTERED CHARITY 523029 NUMBER
INDEPENDENT EXAMINER Bronsens Chartered Certified Accountants Eden House Two Rivers Business Park Witney Oxfordshire OX28 4BL
Page 1
CHERINGTON, STOURTON & SUTTON-UNDERBRAILES VILLAGE HALL CHARITABLE TRUST
REPORT 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 (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The principal activity of the charity during the year was to provide a high quality village hall for the use of the inhabitants of the parishes of Stourton, Cherington, Sutton-under-Brailes and the neighbourhood without distinction of sex or of political, religious or other opinions and in particular for use for meetings, lectures, classes, entertainment and dances or as a club or reading room.
FINANCIAL REVIEW
Financial position
Total General Fund incoming resources for the year amounted to £104,805 (2024: £39,669). Grants of £540,065 from the National Lottery Community Fund, received over the period of the construction of the Hall, were released from provisions to Restricted Funds in the year to 31 March 2024. Total expenditure for the year was £37,071 (2024: £34,136) giving a surplus for the year of £67,094 (2024: £545,598).
At 31 March 2025, the total charity funds stood at £985,704 (2024: £918,610) of which £164,735 was freely available.
Reserves policy
The trustees regularly review the company's financial position to ensure that sufficient reserves are held to meet any foreseeable liabilities and commitments.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust dated 29 November 1960, as amended on 11 May 1995 and on 27 January 2022. Under the current constitution, the charity is constituted as a Charitable Incorporated Organisation.
Approved by order of the board of trustees on ..... 26 November 2025.......... and signed on its behalf by:
................................................................. Mr P S C Marshall - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHERINGTON, STOURTON & SUTTON-UNDERBRAILES VILLAGE HALL CHARITABLE TRUST
Independent examiner's report to the trustees of Cherington, Stourton & Sutton-under- Brailes Village Hall Charitable Trust
I report to the charity trustees on my examination of the accounts of Cherington, Stourton & Sutton-underBrailes Village Hall Charitable Trust (the Trust) for the year ended 31 March 2025.
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 2. 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.
Philip J Burton BSc FCA
Bronsens Chartered Certified Accountants Eden House Two Rivers Business Park Witney Oxfordshire OX28 4BL
Date: .... 26 November 2025...............
Page 3
CHERINGTON, STOURTON & SUTTON-UNDERBRAILES VILLAGE HALL CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 62,439 Other trading activities 3 40,454 Investment income 4 1,912 Total 104,805 EXPENDITURE ON Charitable activities Cost of charitable activities 2,015 Grants, donations and gifts 100 Other 30,495 Total 32,610 NET INCOME/(EXPENDITURE) 72,195 Transfers between funds 10 (10,311) Net movement in funds 61,884 RECONCILIATION OF FUNDS Total funds brought forward 102,851 TOTAL FUNDS CARRIED FORWARD 164,735 |
Restricted funds £ - - - - - - 5,101 5,101 (5,101) 10,311 5,210 815,759 820,969 |
31.3.25 Total funds £ 62,439 40,454 1,912 104,805 2,015 100 35,596 37,711 67,094 - 67,094 918,610 985,704 |
31.3.24 Total funds £ 543,407 33,317 3,010 |
|---|---|---|---|
| 579,734 | |||
| 1,940 899 31,297 |
|||
| 34,136 | |||
| 545,598 - |
|||
| 545,598 373,012 |
|||
| 918,610 |
The notes form part of these financial statements
Page 4
CHERINGTON, STOURTON & SUTTON-UNDERBRAILES VILLAGE HALL CHARITABLE TRUST
BALANCE SHEET 31 MARCH 2025
| 31.3.25 | 31.3.24 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | funds | funds | funds | |||
| Notes | £ | £ | £ | £ | ||
| FIXED ASSETS | ||||||
| Tangible assets | 7 | - | 820,969 | 820,969 | 815,759 | |
| CURRENT ASSETS | ||||||
| Debtors | 8 | 2,982 | - | 2,982 | 2,382 | |
| Cash at bank | 167,833 | - | 167,833 | 105,377 | ||
| 170,815 | - | 170,815 | 107,759 | |||
| CREDITORS | ||||||
| Amounts falling due within one year | 9 | (6,080) | - | (6,080) | (4,908) | |
| NET CURRENT ASSETS | 164,735 | - | 164,735 | 102,851 | ||
| TOTAL ASSETS LESS CURRENT | ||||||
| LIABILITIES | 164,735 | 820,969 | 985,704 | 918,610 | ||
| NET ASSETS | 164,735 | 820,969 | 985,704 | 918,610 | ||
| FUNDS | 10 | |||||
| Unrestricted funds | 164,735 | 102,851 | ||||
| Restricted funds | 820,969 | 815,759 | ||||
| TOTAL FUNDS | 985,704 | 918,610 |
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 26 November 2025
............................................. Mr P S C Marshall - Trustee
The notes form part of these financial statements
Page 5
CHERINGTON, STOURTON & SUTTON-UNDERBRAILES VILLAGE HALL CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
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.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
| Freehold property | - not provided |
|---|---|
| Fixtures and fittings | - Straight line over 5 years and Straight line over 10 years |
Taxation
The charity is exempt from tax on its charitable activities.
2. DONATIONS AND LEGACIES
| Donations National Lottery grants |
31.3.25 £ 62,439 - 62,439 |
31.3.24 £ 3,342 540,065 |
|---|---|---|
| 543,407 |
Page 6
continued...
CHERINGTON, STOURTON & SUTTON-UNDERBRAILES VILLAGE HALL CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
3. OTHER TRADING ACTIVITIES
| Fundraising events Social lotteries Hall hire fees INVESTMENT INCOME Deposit account interest |
31.3.25 £ 6,352 3,455 30,647 40,454 31.3.25 £ 1,912 |
31.3.24 £ 3,999 3,310 26,008 |
|---|---|---|
| 33,317 | ||
| 31.3.24 £ 3,010 |
4. INVESTMENT INCOME
5. 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.
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 3,342 Other trading activities 33,317 Investment income 3,010 Total 39,669 EXPENDITURE ON Charitable activities Cost of charitable activities 1,940 Grants, donations and gifts 899 Other 26,865 Total 29,704 NET INCOME 9,965 Transfers between funds (1,215) Net movement in funds 8,750 RECONCILIATION OF FUNDS Total funds brought forward 94,101 |
Restricted funds £ 540,065 - - 540,065 - - 4,432 4,432 535,633 1,215 536,848 278,911 |
Total funds £ 543,407 33,317 3,010 |
|---|---|---|
| 579,734 | ||
| 1,940 899 31,297 |
||
| 34,136 | ||
| 545,598 - |
||
| 545,598 373,012 |
Page 7
continued...
CHERINGTON, STOURTON & SUTTON-UNDERBRAILES VILLAGE HALL CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
| 6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted fund funds £ £ TOTAL FUNDS CARRIED FORWARD 102,851 815,759 7. TANGIBLE FIXED ASSETS Fixtures Freehold and property fittings £ £ COST At 1 April 2024 803,531 61,314 Additions - 10,311 At 31 March 2025 803,531 71,625 DEPRECIATION At 1 April 2024 - 49,086 Charge for year - 5,101 At 31 March 2025 - 54,187 NET BOOK VALUE At 31 March 2025 803,531 17,438 At 31 March 2024 803,531 12,228 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 £ Prepayments 2,982 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 £ Other creditors 6,080 10. MOVEMENT IN FUNDS Net Transfers movement between At 1.4.24 in funds funds £ £ £ Unrestricted funds General fund 102,851 72,195 (10,311) Restricted funds Land 26,000 - - Buildings and other fixed assets 789,759 (5,101) 10,311 815,759 (5,101) 10,311 TOTAL FUNDS 918,610 67,094 - |
Total funds £ 918,610 Totals £ 864,845 10,311 875,156 49,086 5,101 54,187 820,969 815,759 31.3.24 £ 2,382 31.3.24 £ 4,908 At 31.3.25 £ 164,735 26,000 794,969 820,969 985,704 |
Total funds £ |
|---|---|---|
| 918,610 |
Page 8
continued...
CHERINGTON, STOURTON & SUTTON-UNDERBRAILES VILLAGE HALL CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
10. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Buildings and other fixed assets TOTAL FUNDS |
Incoming resources £ 104,805 - 104,805 |
Resources Movement expended in funds £ £ (32,610) 72,195 (5,101) (5,101) (37,711) 67,094 |
|---|---|---|
Comparatives for movement in funds
| Unrestricted funds General fund Restricted funds Land Buildings and other fixed assets TOTAL FUNDS |
At 1.4.23 £ 94,101 26,000 252,911 278,911 373,012 |
Net movement in funds £ 9,965 - 535,633 535,633 545,598 |
Transfers between funds £ (1,215) - 1,215 1,215 - |
At 31.3.24 £ 102,851 26,000 789,759 |
|---|---|---|---|---|
| 815,759 | ||||
| 918,610 |
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Buildings and other fixed assets TOTAL FUNDS |
Incoming resources £ 39,669 540,065 579,734 |
Resources Movement expended in funds £ £ (29,704) 9,965 (4,432) 535,633 (34,136) 545,598 |
|---|---|---|
Page 9
continued...
CHERINGTON, STOURTON & SUTTON-UNDERBRAILES VILLAGE HALL CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
Page 10
CHERINGTON, STOURTON & SUTTON-UNDERBRAILES VILLAGE HALL CHARITABLE TRUST
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| INCOME AND ENDOWMENTS Donations and legacies Donations National Lottery grants Other trading activities Fundraising events Social lotteries Hall hire fees Investment income Deposit account interest Total incoming resources EXPENDITURE Charitable activities Cost of charitable activities Grants, donations and gifts Support costs Governance costs Auditors' remuneration Rates and water Insurance Light and heat Sundries Cleaning Repairs Internet and website costs Licences Grass cutting Administration costs Bank charges Fencing Planning and surveys Local giving Depreciation of fixtures and fittings Total resources expended Net income |
31.3.25 £ 62,439 - 62,439 6,352 3,455 30,647 40,454 1,912 104,805 2,015 100 2,115 2,150 1,190 1,736 6,501 300 4,661 707 735 143 2,760 9,540 72 - - - 5,101 35,596 37,711 67,094 |
31.3.24 £ 3,342 540,065 |
|---|---|---|
| 543,407 3,999 3,310 26,008 |
||
| 33,317 3,010 |
||
| 579,734 1,940 899 |
||
| 2,839 - 1,074 1,501 4,129 364 5,509 1,459 1,120 516 3,048 4,979 77 1,709 1,200 180 4,432 |
||
| 31,297 | ||
| 34,136 | ||
| 545,598 |
This page does not form part of the statutory financial statements
Page 11