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2024-12-31-accounts

Moor Road, Cotherstone, Barnard Castle, Co Durham, DL12 9PH

ANNUAL REPORT AND DRAFT ACCOUNTS FOR 2024

Mission Statement:

To provide all the people of Cotherstone and area with a community resource of excellence

Registered Charity Number 523335

A LETTER FROM THE CHAIR

Spring 2025

Hello everyone

Another busy year, with a wide variety of groups meeting and Teesdale Players and Highlights providing the community with excellent entertainment.

As with everybody, energy costs increased drastically. In the hopes of reducing these costs, new windows have been fitted in the Middle Room and the Main Hall. We have also had work done to improve the air circulation in the roof space between the two back rooms in the hopes of alleviating the damp. Additional insulation was also put in.

A number of fundraising events have taken place: Murder Mystery evenings provided by Teesdale Players, Peter and Karen Kirkman arranged for the popular band "Another Crisis" to play, Pippa and her team of helpers organised the Village Show (with a record amount raised) as well as the Annual Coffee Morning. We are very grateful for all the support given to these events

We are also grateful for grants received from Durham County Councillors Bell and Henderson and Durham Community Action and TVHC. We also received funds from Cotherstone Parish Council and the Fun Weekend Committee and numerous donations from residents, for which we are always grateful.

My thanks to Committee Members and Officers for all their help over the year. Special thanks to Jean for all the time and effort she has put into organising the grants and window replacement, Teresa for keeping the accounts in order and Ann for sorting the bookings and cleaning in the Hall.

We all look forward to another busy year.

Jenny Watson Chair of Trustees

COTHERSTONE VILLAGE HALL MANAGEMENT COMMITTEE

(Registered Charity Number 523335)

Minutes of the Annual General Meeting

held on Tuesday 9 April 2024 at 7.35 pm in the Village Hall

1. Present:

2. Apologies:

Mrs J Watson Chair, Parish Council Mrs D A R Forster Vice-Chair, Teesdale Flower Club Mrs T Wilcox Treasurer, Independent Mrs J Ambrose Secretary, Independent Mr P Collyer Teesdale Record Society Mrs E Cowell Independent Mrs J Gill Independent Mrs D Hedley Independent Mr A W Thorn Independent Mrs B Thwaites Independent Mrs A Lamb Independent Mr S Lamb Teesdale Players Mrs P Leech Show Secretary

3. Minutes of the Previous Meeting: The Minutes of the previous Annual General Meeting held on Tuesday 11 April 2023, having previously been circulated and reproduced in the Annual Report, were agreed to be a true record of the proceedings and were signed by the Chair.

4. Chairman’s Remarks: Members’ attention was drawn to JW’s letter in the Annual Report highlighting the number of groups now using the hall; the numerous performances by local groups and from the Highlights Rural Touring Scheme; annual fundraising events such as the village show and annual coffee morning; achievement of Hallmark level 1; and production of “Our Cotherstone”. JW thanked the many people involved in running these events and in maintaining the hall in good condition for use by the community.

5. Treasurer’s Report: TW advised members of the individual amounts of donations received over the year from both individuals and local organisations (Fun Weekend, Parish Council, etc) together with income from sale of items formerly stored in the hall but no longer needed and compensation from Barclays Bank for inconvenience caused. She noted that income from room hiring had increased and that the Village Show and various concerts had generated significant funds. However, gas and electricity charges had become major costs, with heating particularly expensive. Following a recent energy audit, it had been decided to lower the frost setting on the hall’s heating to 10°. Utility Aid had offered to lock in a new lower rate for implementation at the end of the current gas contract in early 2025, with the unit charge reduced from 17.5p to 7.4p but the standing charge increased from 25p to 45p per day. TW calculated that the overall reduction of remaining with EDF on these rates would be about 50% on current costs. After discussion, the meeting agreed to lock in the new rates for implementation in early 2025. TW advised that Barclays Bank would close its Barnard Castle branch by January 2025 and was directing its customers to use the Post Office. To this end, TW had requested three paying-in cards for use at the Post Office. TW also noted that Virgin Money was moving to on-line banking only and were offering charity accounts with higher rates of interest than the present account; TW would investigate further. Members were advised that Durham County Council would be invoiced £300 for use of the millennium room for a polling station for the forthcoming local elections in May. However, in view of the fact that this rate had been unchanged for several years and noting the significant increase in heating costs, in future the rate would be increased to £500. Once again, DCC had levied a zero rates bill for the coming year. There were no questions.

6. Election of Management Committee Representative Members: It was reported that Mrs G Lyon had recently resigned as Representative for the Zumba group and that the Fun Weekend committee had not nominated a representative The following Representative Members were subsequently confirmed:-

Parish Council - Mrs J Watson Teesdale Day Club - Mrs T Wilcox Teesdale Flower Club - Mrs D A R Forster Teesdale Players - Mr S J Lamb Village Show - Mrs P Leech Zumba - Vacant

7. Election of Independent Management Committee Members: The following were confirmed as Independent Members:-

Mrs J Ambrose Mrs E Cowell Mrs J Gill Mrs D Hedley Mrs A Lamb Mr A W Thorn Mrs B Thwaites

8. Confirmation of Cotherstone Show Committee: The following were confirmed as the current

committee:-

Mrs P Leech, Hon Secretary Co-opted: Mr M Hedley Mrs J Ambrose Mr R W Hunter Mrs E Cowell Mrs A Thorn Mrs J Gill Mrs G Lyon Mrs D Hedley Mrs J Watson Mrs T Wilcox

9. Annual Report and Accounts: The Annual Report and Accounts for the year ended 31 December 2023 were formally accepted by the meeting.

10. Appointment of Auditor/Independent Examiner: It was agreed that Anna Urbanowitz, Chartered Accountant, should be asked to continue to examine the annual accounts.

11. Election of Officers of the Management Committee: JW vacated the Chair at this point; DARF proposed and the meeting unanimously agreed the re-appointment of JW as Chair. JW having retaken the chair, the meeting unanimously agreed the re-election of DARF as Vice-Chair, TW as Treasurer and JA as Secretary.

12. Decision on Transfer from a Registered Charity to a Charitable Incorporated Organisation:

TW advised that she had contacted two local solicitors, McGarry and Tilly Bailey and Irvine, regarding transfer of the charity to a CIO; their responses were awaited. DARF advised that Ward Haddaway in Newcastle had carried out similar work for Scarth Hall at Staindrop. The meeting agreed to take forward work to convert from a Registered Charity to a Charitable Incorporated Organisation.

13. Date of Next Meeting: Tuesday 8 April 2025 at 7.35 pm.

Cotherstone Village Hall Accounts for the Year Ending 31st December 2024

RECEIPTS AND PAYMENTS ACCOUNT

2024 2023
£ £ £ £
RECEIPTS
Donations and Grants:
Donations 1,791 1,230
Grants 7,000 8,791 250 1,480
Fundraising Activities:
Hall Hire 10,233 7,532
Flower and Vegetable Show 2,320 2,113
Theatre Groups and Other Fundraising 1,467 2,702
Our Cotherstone Advertising 360 14,380 370 12,717
Other Income:
Cottage Rent 3,120 2,940
Bank Interest Received 384 3,504 158 3,098
___ ___
TOTAL RECEIPTS £ 26,675 £ 17,295
___ ___
PAYMENTS
Direct Charitable Expenditure:
Theatre Group Expe nses 70 65
Light and Heat 7,129 4,324
Northumbrian Water 396 310
Insurance and Licences 1,245 1,056
Telephone and Broadband 707 601
Cleaning Services 2,820 2,670
Hall Repairs and Maintenance 1,650 1,662
Windows and Roof/Toilets 16,009 3,016
Stationery 265 642
Sundry Expenses 407 30,698 290 14,636
Other Expenses:
Cottage Repairs 174 253
Cottage Insurance 422 596 336 589
___ __
TOTAL PAYMENTS £ 31,294 £ 15,225
___ __
NET RECEIPTS/PAYMENTS 4,619 2,070
Bank Accounts as at 1 January 58,504 56,434
___ ___
Bank Accounts as at 31 December £ 53,885 £ 58,504
___ ___

STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 31 DECEMBER 2024



CASH FUNDS:
Barclays Community Account
Virgin Money Charity Deposit Account

£

REPRESENTED BY:
Unrestricted Funds
Cottage Repair Fund
Winding-up Fund

£

MOVEMENT ON RESERVES
Unrestricted
Cottage
Fund
Repair
£
£
Balance at 1 January 2024
46,504
8,000
Receipts
26,675
Expenses
31,294
_
_
Balance at 31 December 2024
£ 41,885
£ 8,000
_
__
___		 2024
2023
£
£
25,224
30,227
28,661
28,277
_
_
53,885
£ 58,504
_
_
41,885
46,504
8,000
8,000
4,000
4,000
_
_
53,885
£ 58,504
_
_
Winding
Up
TOTAL
£
£
4,000
58,504
26,675
31,294
____
_
£ 4,000
£ 53,885
___
____

Independent Examiner's Report on the Receipts and Payments Account

Report to the Members of Cotherstone Village Hall on the accounts for the year ended 31 December 2024

Cotherstone Village Hall does not require an audit but recommends an independent examination.

Basis of Independent Examiner's Statement:

An examination includes a review of the accounting records kept by the village hall and a comparison of the accounts presented with these records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the Officers concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on these accounts.

Independent Examiner's Statement:

In the course of my examination, no matters have come to my attention which give reasonable cause to believe that, in any material respect, the Officers have not kept:

Signed: Anna Urbanowicz Date: 13 April 2025

Name: Anna Urbanowicz

Relevant professional qualification(s) or body if any: FCA ICAEW

Address: Pensbury, Cotherstone, Barnard Castle, DL12 9PQ

Non Monetary Assets

Permanent Endowment:

Land and buildings used by the Charity: The Village Hall and Cottage (Freehold vested in the Official Custodian for Charities) Other Assets (Non Endowed):

Held for functional use by the charity: Furniture and equipment in the hall as per the inventory (costs unknown), piano, tables, chairs, kitchen equipment, etc.

Reserves Policy:

It is the policy of the Trustees to hold free reserves for six months normal trading activity and additional reserves as agreed on an annual basis to meet the costs of any improvements and/or repairs over the coming year.

The Committee continues to hold £8,000 as a general reserve for property repairs. The Committee has agreed to hold £4,000 as a Winding-up Fund.

Accounts Prepared by:

……………………………………………………. ………………………………….. Teresa Wilcox, Treasurer Date

Accepted and approved on behalf of the Trustees of Cotherstone Village Hall:

……………………………………………………. ………………………………….. Jenny Watson, Chair Date

SECRETARY'S REPORT

"Our Cotherstone": The village magazine continues to be produced on a quarterly basis, with the aim of informing residents of village events and acknowledging the efforts of residents in making the community a cohesive and pleasant place to live. We continue to rely on advertising by local companies and individuals to supplement the costs of printing.

The Flower and Vegetable Show was a resounding success, both in terms of entries and financial contribution to hall funds. Our thanks to Pippa Leach and helpers for staging the show and to Stephen Lamb for his persuasive auctioneering talents. Sponsorship of classes by local residents and companies once again provided additional income, resulting in over £2,000 being raised for hall funds.

Property and Maintenance: All mandatory equipment inspections were carried out during the year. The Management Committee is very grateful for the efforts of those who carry out minor repairs and arrange for major work to be done by contractors. In addition to on-going maintenance, major works during 2024 included replacement of the windows in the middle lounge and main hall, installation of airvent tiles on the roof and additional insulation of the roof space (the latter two items to address mould on the walls and ceiling of the side porch.

Caretaking Services: Once again, the Management Committee wishes to acknowledge the hard work of Ann Thorn throughout the year in keeping the Hall clean and tidy, ensuring it is open for users and that the heating has been switched on in advance to provide a warm welcome. Ann also handles the bookings for the Hall, which is a major task in itself.

Jean Ambrose, Secretary, Management Committee

PLAN FOR 2025

Aims and Objectives

Aims:

Objectives:

Explanatory Notes

The community served by the Hall is a small one, in a large dispersed rural area. The population is weighted towards the elderly and retired but with, at present, a steadily growing younger element.

Curriculum/Programme

The Target Audience is the whole of the village and surrounding area and our efforts are directed at providing a service for all sections of the community.

Identified Needs:

Outcomes:

Monitoring and Evaluation

Regular User Groups are represented on the Hall Management Committee and so have the opportunity to convey comments on problems or successes. In addition to this formal structure, the Independent Members of the Management Committee also gather comments on the Hall’s operations.

GOVERNANCE

CODE FOR THE VOLUNTARY AND COMMUNITY SECTOR

The Committee of Management of Cotherstone Village Hall supports the Code of Good Governance for Trustees as set out in the National Hub of Expertise in Governance (a Home Office ChangeUp initiative).

Principle 1 - Board leadership: Every organisation should be led and controlled by an effective Board of Trustees which collectively ensures delivery of its objects, sets its strategic direction and upholds its values.

Principle 2 - The Board in control: The Trustees as a Board should collectively be responsible and accountable for ensuring and monitoring that the organisation is performing well, is solvent and complies with all its obligations.

Principle 3 - The high performance Board: The Board should have clear responsibilities and functions and should compose and organise itself to discharge them effectively.

Principle 4 - Board review and renewal: The Board should periodically review its own and the organisation’s effectiveness and take any necessary steps to ensure both continue to work well. Principle 5 - Board delegation: The Board should set out the functions of sub-committees, officers, the chief executive, other staff and agents in clear delegated authorities and should monitor their performance.

Principle 6 - Board and Trustee integrity: The Board and individual Trustees should act according to high ethical standards and ensure that conflicts of interest are properly dealt with.

Principle 7 - Board openness: The Board should be open, responsive and accountable to its users, beneficiaries, members, partners and others with an interest in its work.

Cotherstone Village Hall has the following up-to-date documentation in place:-

  1. Registration with the Charity Commission

  2. Constitution (which was up-dated and amended in 2011)

  3. Management Committee Minutes Book

  4. Annual Report

  5. Annual and examined accounts

  6. Bank and building society accounts showing charity number

  7. Licence for the building from Durham County Council (originally issued by Teesdale District Council)

  8. The required building insurance

  9. Public Liability insurance

  10. Music Licence from PRS

  11. Hard wiring certificate

  12. PAT certificate (small appliances testing)

  13. Gas inspection certificate

  14. Fire fighting appliances inspection certificate

  15. The required fire exit notices

  16. Child Protection Policy

  17. Environment Policy

  18. Equal Opportunities Policy

  19. Finance Policy

  20. Fundraising Policy

  21. Health and Safety Policy

  22. Hiring Policy

  23. Risk Assessment Policy

  24. Vulnerable Adults Policy

  25. Financial Procedures

  26. Health and Safety Risk Assessment

  27. Fire Risk Assessment

  28. Data Protection Policy

  29. Safeguarding Policy

  30. Displays current rules for the use of the building

  31. Displays notice of current officers and contact numbers

This report is produced, assembled and printed on behalf of Cotherstone Village Hall Committee of Management