2025-03-31-accounts - Beverley War Memorial Hall

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Charity number: 523224

The Beverley War Memorial Hall Trust

Financial Statements

31st March 2025

The Beverley War Memorial Hall Trust Report and Financial Statements for the year ended 31st March 2025

Contents	Page
Trustees and advisers	1
Report of the trustees	2
Management report	4
Independent examiner’s report	5
Statement of financial activities	6
Balance Sheet	7
Notes to the financial statements	8 - 11

The Beverley War Memorial Hall Trust Legal and Administrative Information for the year ended 31st March 2025

The trustees are pleased to present their report together with the financial statements of the Charity for the year ended 31 March 2025.

Trustees	E. H. Roustoby
	V. Ellis
	A. Chapman
	H. Smith
	M. Glover
	P. Jenkinson (Resigned 30/04/2024)
	R. M. Bradbury
	A. Benson
Address	73-75 Lairgate
	Beverley
	East Yorkshire
	HU17 8HN
Accountants	Smailes Goldie
	Regent's Court
	Princess Street
	Hull
	HU2 8BA
Bankers	HSBC Bank Plc
	63 Market Place
	Beverley
	East Yorkshire
	HU17 8AL
Solicitors	Andrew Jackson
	Marina Court
	Castle Street
	Hull
	East Yorkshire
	HU1 1TJ

The Beverley War Memorial Hall Trust Report of the Trustees

for the year ended 31st March 2025

Objectives and Activities

The objective of the Charity is to promote the benefit of the inhabitants of Beverley and the surrounding areas, by providing a facility for public use and to facilitate the operations of charities and organisations, through the hiring of a public space and its associated amenities. Such amenities include a bar, a kitchen, meeting rooms, a stage with lights and sound available, as well as a large hall.

Achievements and Performance

During the year, users of the hall have included Beverley Leisure Group, Beverley U3A Group, Beverley Community Church, Yoga, Clubbercise, Discos and Concerts, as well as making the hall available for private hire.

Financial Review

Review

During this period income of £96,920 was receivable. The net movement in funds in the period, as shown in the statement of financial activities, amounted to a decrease of £1,547.

Reserves policy

The charity has reserves defined as unrestricted funds of £8,173 and designated funds of £97,470 at 31st March 2025

The designated fund is the Major Redevelopment Fund, the purpose of which is to ensure funds are separately available for improvement and refurbishment of the War Memorial Hall used by the charity.

It is the charity's policy to retain sufficient funds to continue the objectives as set out in this report. This requires sufficient reserves to be retained.

The Hall is a going concern and will continue to operate during the financial year 2025/26. The emphasis will be on finding new trustees as a result of the resignation of the chair of trustees during the year.

Trustees

The charity's trustees who have served throughout the year, are shown on page 1.

The power of appointing new trustees shall be exercisable by the trustees.

Public Benefit

The objectives and activities of the Charity are set out above. In providing activities in the community, the trustees believe that the activities were undertaken for the public benefit and in terms of identification and benefit to the public, or section of the public, without unreasonable restrictions. The trustees confirm that they have complied with the duty in section 17(5) of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission.

The Beverley War Memorial Hall Trust Report of the Trustees

for the year ended 31st March 2025

Trustees’ responsibilities

The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.

In preparing these financial statements, the trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP 2019 (FRS 102)
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

R. Bradbury Acting Chair Date:

The Beverley War Memorial Hall Trust Management Report for the year ended 31st March 2025

Management Report

It has been a good year for us, our regular users continue with their support. Running cost have again risen especially with the Fuel and Insurance prices again increasing dramatically. We did have to raise our rates for hire slightly to try and meet these costs.

We again managed to get bookings for local Consultancy companies for the Wind Farm developments in the area, this is very profitable. We have also had several large parties and Dance groups, which have kept us going, along with our usual clients. Theatre groups are back to normal, the Panto was very successful once again. We hosted a Queen event for 2 evenings which was a sell out and have rebooked for 4 nights next year.

Bookings have increased and hopefully next year will again prove profitable for us. We have again managed to maintain our usual high level of service and safe practice. Thanks, must go to my Assistant and Caretakers for their help and patience during these very difficult times.

A. Bedford Manager Date:

The Beverley War Memorial Hall Trust Statement of Financial Activities for the year ended 31st March 2025

Independent Examiner’s Report to the Trustees of The Beverley War Memorial Hall Trust

I report to the Charity Trustees on my examination of the accounts of the Charity for the year ended 31 March 2025 which are set out on pages 6 to 11.

Responsibilities and basis of report

As the Charity’s Trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Acts 2011 (‘the 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 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 Charity 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.

Luke Taylor BSc (Hons) FCA Chartered Accountant Smailes Goldie Regent’s Court Princess Street Hull HU2 8BA

Date:

The Beverley War Memorial Hall Trust Statement of Financial Activities

for the year ended 31st March 2025

Designated Unrestricted Total Note fund fund 2025 £ £ £ Incoming resources from generated funds: Hire Charges Receivable - 54,884 54,884 Government Grants Receivable - 20,000 20,000 Bar and Catering Income - 20,370 20,370 Other income - - - Interest Receivable 1,666 - 1,666 −−−−−− −−−−−− −−−−−− 1,666 95,254 96,920 −−−−−− −−−−−− −−−−−− Resources expended: Charitable expenditure: Charitable activities 3 - 98,467 98,467 −−−−−− −−−−−− −−−−−− - 98,467 98,467 −−−−−− −−−−−− −−−−−− Net incoming/(outgoing) resources 1,666 (3,213) (1,547) Balances brought forward at 1st April 2024 95,804 11,386 107,190 Balances carried forward at −−−−−−− −−−−−− −−−−−− 31st March 2025 97,470 8,173 105,643 ======= ====== =======	Total
	2023
	£


	59,077
	20,000
	30,105
	16
	1,218
	−−−−−−
	110,416
	−−−−−−



	104,575
	−−−−−−
	104,575
	−−−−−−

	5,841



	101,349

	−−−−−−
	107,190
	=======

The Beverley War Memorial Hall Trust Balance Sheet

for the year ended 31st March 2025

Note 2025 £ £ Fixed assets Tangible fixed assets 5 75 Current assets Bar stock 930 Cash on deposit and at bank 6 103,458 Cash in hand Accrued revenue 650 - Prepayments 2,500 Other debtors 127 −−−−−− 107,665 Liabilities: amounts falling due within one year 7 2,097 −−−−−− Net current assets 105,568 −−−−−−− Net assets 105,643 ======= Funds Designated fund 97,470 Unrestricted fund 8,173 −−−−−−− 105,643 =======	2024
	£ £


	94



	450
	105,853
	450
	1,400
	-
	-
	−−−−−−
	108,153


	1,057
	−−−−−−
	107,096

	−−−−−−−
	107,190
	=======



	95,804
	11,386
	−−−−−−−
	107,190
	=======

Approved by the Trustees and signed on their behalf by

Date: R. Bradbury

Date: V. Ellis

The Beverley War Memorial Hall Trust Balance Sheet

for the year ended 31st 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 2015)', 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.

Tangible fixed assets

Depreciation is provided on all 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 useful life as follows:

Plant and machinery 20% reducing balance

Stock

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

Taxation

The trust is a U.K. registered charity number 523224. All the trust's income is applied to its charitable objectives and the trust is, therefore, exempt under current legislation from most forms of taxation.

Value added tax is not recoverable by the trust and is therefore charged to the statement of financial activities or balance sheet as incurred.

The Beverley War Memorial Hall Trust Balance Sheet

for the year ended 31st March 2025

1. Accounting policies (continued)

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

The Major Redevelopment Fund is designated for the specific purpose of major maintenance of the War Memorial Hall. The Trustees transfer money to the Major Redevelopment Fund when they know that a major refurbishment is required to be completed.

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

2. Trustees’ remuneration

Total remuneration of the trustees was £Nil (2024 £Nil). The trustees waived their right to reclaim any expenses.

Charitable activities
	Designated	Unrestricted	Total	Total
	fund	Fund	2025	2024
	£	£	£	£
Rates and water	-	1,368	1,368	1,261
Insurance	-	3,587	3,587	3,475
Light & heat	-	6,475	6,475	6,005
Wages	-	63,978	63,978	64,550
Telephone	-	1,756	1,756	1,333
Repairs & renewals	-	-	-	3,629
Caretaking & cleaning	-	3,534	3,534	5,514
Cleaning supplies	-	-	-	165
Bar stock	-	7,650	7,650	10,842
Maintenance and sundries	-	6,720	6,720	4,281
Catering	-	1,548	1,548	1,519
Independent examiner fees	-	731	731	710
Legal and professional fees	-	1,099	1,099	1,157
Bank charges	-	2	2	110
Depreciation	-	19	19	24
	−−−−−−	−−−−−−	−−−−−−	−−−−−−
	-	98,467	98,467	104,575
	======	======	======	======

3. Charitable activities

The Beverley War Memorial Hall Trust Balance Sheet

for the year ended 31st March 2025

Staff costs
	2025	2024
	£	£
Wages	60,845	61,588
Social security	302	167
Pension contributions	2,831	2,795
	−−−−−−	−−−−−−
	63,978	64,550
	======	======

There were no employees whose benefits (excluding employer pension costs) exceeded £60,000.

The average number of employees during the year was 3 (2024: 3).

5.	Tangible fixed assets		Furniture
			and
			equipment
			£
	Cost:
	At 31 March 2024 and at 31 March 2025		2,680
			======
	Accumulated depreciation:
	At 31 March 2024		2,586
	Charge for the year		19
			––––––
	At 31 March 2025		2,605
			======
	Net book value:
	At 31 March 2025		75
			======
	At 31 March 2024		94
			======
6.	Cash on deposit and at bank
		2025	2024
		£	£
	Building societies	97,470	95,804
	Bank	5,988	10,049
		−−−−−−	−−−−−−
		103,458	105,853
		======	======

The Beverley War Memorial Hall Trust Balance Sheet

for the year ended 31st March 2025

Liabilities: amounts falling due within one year
	2025	2023
	£	£
Accounting accrual	735	700
Bank charges accrual	-	7
PAYE creditor	1,362	-
Nest pensions creditor	-	350
	−−−−−−	−−−−−−
	2,097	1,057
	======	======

7. Liabilities: amounts falling due within one year

8. Analysis of net assets between funds

Designated fund Unrestricted fund Total 2025 £ £ £ Tangible fixed assets - 75 75 Current assets 97,470 10,195 107,665 Current liabilities - (2,097) (2,097) −−−−−−− −−−−−− −−−−−−− Fund balances as at 31st March 2025 97,470 8,173 105,643 ======= ====== =======
	Total
	2024
	£

	94
	108,153
	(1,057)
	−−−−−−−

	107,190
	=======

Unrestricted Fund

The charity's general funds consist of funds which the charity may use for its purposes at its discretion.

Major Redevelopment Fund

9. Related Parties

There were no related party transactions for the year ended 31 March 2025, nor for the year ended 31 March 2024.