DENBY DALE VILLAGE HALL REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Register•d Charity Numbèr 523S77
DENBY DALE VILLAGE HALL Contents Page Report ofthe Tnjstees Indèpenderrt Examiners Report Slalement of Finanaal Activrtie5 Balance Sheet Notes lo the Financial Statements
DENBY DALE VILLAGE HALL Report of the Trustees for the Year Ended 31 December 2024 The Trustees are pleased to present their reiM)rt t(¥Jether wth the firkanaal statements of the charity for the year ended 31 December 2024. Referenc• and AdmInIstraV ta518 RegISt¢r Charity Numb•r 523577 Prfn¢ipal Address 297 Wakefield Road Denby Dale Hijddersfield HD8 8RX Trustees The Charity TTUStees dudng the yearto 31 December 2024 were.. M Eastwood IResigned V October 20241 G Morris D Ibbotson D Toulcher Ind•pend8nt Examiner Elementary Accountancy Servicès Ltd 38 Dearne Hall Lane Baurgh Grean Barnsley S75 1FX Bankars HSBC ¢ 5 Maiket Hill Barn81ey South Yorkshire S70 2PY Insurance Brokers G.J. Sladdin & Company Ltd 17 Clare Road Halrfax HX1 2HZ Accountants Highdale Accounting Lld 217 B8rnsley Road Denby D31e Huddersfld HD8 8TS
DENBY DALE VILLAGE HALL Report of the Trustees for the Year Ended 31 December 2024 uctur8 Go¥ nce and eme Governing Do¢ument The Denby Dale Village Hall Trust is constrtuted by Deed of Trust and is 8 registered Charity. The govefning document is a declaration of trusi dated 3 June 1964 and tnjst deed dated 20 May 1971. The trustees are responsible for managemenl of the thaiity. Rgcruilment and Appolntrnent of Trustees Trustees are appointed for an indefinite term and are recrulted from members of the local Community who wish to become involved in the Charrty's management. They are appointed according to the Trustees. Constitution and th8if appointment will follow Trust Law_ Tru$te88 Inductfjon and Tralnlng Any new Trustees are inviled to meet the Trtee$ and briefed on their role. The Trustee$, main responsibilty is to make sure the Constitution is followed and ensure that the Charity's main asset. its building. is properly mairbtained, insuiwj and OtheThSe preserved. The TnJstèÈs hold meetsngs on an ad-hgc basis. Organitsational Structure Trustees are appointed and iegular meetings are held in accordan wth the Constitution. A speci81 mèeting may be summoned at any time tyy Ihe TrL¢Stee$ as outlined in the Constitution. The Trustees nonnally hold a joint Annual Gèneial Meeting. The day to day management of the Charty is vested in a management structure compEised of a Willa9e Hall Committee and a paid efflployee. Risk Management Thè Trustees have a risk management strategy whith comprises a review of the major rfsks to which the Charity is exposed. Vthere appropriate systems or procedures have been established to mitigate the risks the Charty faces Internal cont.'ol risks ale minimised by the implementation of prttedures lor authorisation of all transactions. PrOdre$ are rn pla to ensure ojmpliance WTth health and safety ol all visitors to the Charity. Ob activ0$ and Ac vltl#s Objectives and Aims The objoclive of the Charity is to provide a Village Hall fry Denby Dale and the neighboufftood thOut di5tin¢lion of sex, political. religious or othei opinions and, in particular. lof use for meetings. lecture$.dasses and other foms of recreational and l&sure time octupab.on the object ol impfoving the COnd'0n$ of life for the said inhabitanis. Slgnlficant Aetivlties The signifir2nt activities tsf the charity arè- Rental of the premises to loixl organisab.ons Hire of looms to local individuals forfunctions and other activrties Provision of a public bar to raise funYs for ongoing repairs and maintenarKe of the building Th8 Charity works dosely wth othw local otganisatlons to fvlfil its objectives of woviding SeIeS for the community. The Charty provides office spaces and a function hall. whlch are available seven days a week and are in regular use by organisations and members of the local cotnmunity.
DENBY DALE VILLAGE HALL Report of the Trustees for the Year Ended 31 December 2024 ovemtrntan P rfonnance Charitsbl• Activities The Charity has continued lo rent the premises to the local communoty during the year. Flnancial Revl•w The first-floor rooms and additional Stora spac8 on the secoThJ Ilwr continue to be let SUCCV88fully for another year The h311 bookings continue to be a stea(ty and reliable source of income having secured reguar weekday group users and proving to be very popular and almost ftjlly booked on weekends for private events. R•serve8 Pollcy The Tiuslees have examined the Charty's requirements in light of the maln risks to the organisation_ It has established a policy where the unrestricted funds not comm¥lted or invested in tangible fixed assets hèld by the ChaTity shoultj be al least three rnonths of the expenditure. 8udgeted expenditure has nsen In comparison to last yearfs target and therefore should be maintained at £27.01). The reserves are needed to meet the working capital requirements of the Charity and the Ttustees are confident the Charity will continue to meet the ca131 an¢J mainlenance requiraments. The actual free ro8eryes at 31 December 2024 were £28,849.16. Financial A¢tlvtty The Charity has a loss of £740 this year. which is mainty due to the in<xease in costs for light. heal. water and wages and also ongoing repairs costs_ Overall expendiiure has increased by £30.135 and income from activities has only increased by £5.204. Investmant Policy Aside from retaining a prudent amount in reserves as requested by the Trustees, most of the charity'sfund$ are to be sp&nt in the short term so thère are no funcls for long term investment. Preou$ly. the Trustees have Invested surplus fvnds in a high interest National Savings actount. FLrtU Developments Assessment of iefuibishment and upgrading of thevillage H811 is ongoing. The 8im of the charity is to secure the future of the valuable ccrfnmunity asset for all the rèsidents of Denby Dale. Signed on Behalf of the Board G Morris (Trustee} S_..* Lazs Date.....
DENBY DALE VILLAGE HALL Independent ExaMineS Report to the Trustees of Denby Dale Village Hall for the Year Ended 31 December 2024 I report on the accounts for the year ended 31 December 2024, whith are Set oul on pages 610 8 Re8pectlv8 re¥ponslblllti8s of trustees and examiner The charity's trustees are Tesponsible for the preparaiion of the financAal statements in accordance with applicable law and United Kingdom Acrxjunting Stand8Tds Iunited kn"ngdom Generally Accepted AOUntIng Practice}. The law applicable to charities in EnglaThl and Wales requires the trustees to prepare financial st8temeTrt5 for each finan¢iaS year which give a true an(J 181r view of the slate of affairs of tho charity and Of the ineoming Tesourcès and application of resources of thè tharity for thal p8riod_ In preparin9 these finanaal stalementS. the trustees are fequired to.. Select suitable 8ccounkn.ng poliues and then appty them consistentty.. Observe the methods and principles In the Charittes SORP {FRS 102)= Make judgement5 and estimates that are reasonable anY prudent". State whether applicatle accOuting slandards have been followed. subpct to any material departures disclosed and explained in the financial statements". Piepare the finanryal statements on the gryng concern basis unless it is inappiopriatè to presume that the charity w."Il continue in operation. The trLtstees are responsible for keeping proper acu)unling records that tJisclose with asOnale accuracy at any time thè f nancial position of the charity and enable them to ensure that the finanal 8t8tements comply wth the Charities Act 2011 and the Charities (Accounts and Reports) Regulatitrn¥ 2008 and the provisions of the trust deed. They are also responsible for safeguarding Ihe assets of the chap,ty and hence for taking reasonable steps for th8 p[evenin and detec#ion of fraud and other irregularities. The charity's trustees conder that an audit is not Tequired for thrs year under Section 144 of Ihe Charities Act 2011 1-The Charities Actl and that an independent examination is needed_ It is my responsibility lo.. examine the accounts under Sethon 145 of the Chatilies Act-. to follow the proced(Jres laid in Ihe General Difections given by the Charity Commi&8ion I,Jnder Section 145lSllb) of te Charities Act). and to state whether particular matters Mave cometo My attention. Basis of thè Independent examlnèrf$ fyport My examination was carried out in accordance wrth the General Directions given by the Charty Commission. An examination includes a review of the accounb.ng recK)rds kept by the charity and a comparison of the Accounts presented wrth those records. It also incliJdes consideration of any urTusual items or discJ¢ysures in the accounts. and seeking explanations frorn you 3$ irustees (yjncsming any such mters. The procedures undertaken do not Dfovide all the evidence that would be required in an audit. and consequentty no opinion is given ès to whether the a¢counts presert a'tfue and lair view, and the report is I[mit to those matters set osjt in the statements below.
DENBY DALE VILLAGE HALL Independent èxamineV$ staternent I have completed my examination. l o)nfim that no material matters have come to my attention In connection with the examination whth give$ me cause to believe that in. any malerial respect.. the accounting records were not kept in accorijance With section 130 of the Charrtie$ Act.. or the accounts not accord with the accounting records.. or the accounts did not Cotnply with the applicable requirements cont1n9 the fomi and content of acc4)unts set out in the Chartties (Accounts and Reports} Regulations 2008 other than any requirement that the accot2nts give a'true and fair view whith is not a matter considèrèd as part of an independent examination. I have no concerns and have tx)me across no other matters in ts)nneciion with the examination to which attention should be drawn in this report in order to enable a proper un<Jeistanding of the accounts to be reacf..ecl Sophie Hirst Elementary Accountancy Services Ltd 38 Dearne Hall Lane Baurgh Green Barnsley S75 1FX Date 1610412025
DENBY DALE VILLAGE HALL Statement of Flnancial Activlties For the Year Ended 31 December 2024 2024 2023 INCOMING RESOURCES Ineoming resources from 9enwated funds Voluntary income Donabons Grant income {Resln"ctei1} Grant income (Unrestrict) 1.134 9,$14 Incomlng resour¢•s from charStable a¢tlvltlg¥ Rent Room hire Bar sales Functions 22.6 41.610 67.686 16, 39.669 61.9S9 131.972 118,834 Oth•r Incomlng r8sourc Bank interest received Covenant income 455 209 Total Incomlng r980ueS 133.1 128,357 RESOURCES EXPENDED IUnrnstrlct•d) Ralsln9 fund# Opening stock Bar consumables 1,140 30,678 21.876 178 29.278 29.167 Bar wage5 Employais nSiOn contributions Function cost$ Closing Stock charltable acti¥ltles Light and heat Cleaning Repairs and mainten8nc• Repairs and maintenance Irestrictedl Equiprnent hire Management fees Professional fees Insurance Rates and water rates Tdephone Printing. postsge aThY stationery Advertising Licenses Subscriptions Ac¢ountancy Travelling Merchandise purchases Oepreciation 2.218 12,9501 2,824 {4.8051 9.975 9.403 16.998 4.821 11.046 1.110 10.238 730 575 1.289 1.734 2.150 111 525 470 239 3.697 1.439 4.310 2.6r 175 1,638 1.035 293 4.156 24 4.647 The ftotes on pages 9 to 11 fcffii partofthesefinancial statnts
DENBY DALE VILLAGE HALL Bank charges 133.795 Other tssource8 oxpand Donations 103.863 50S Total rn$ources exnded 103663 NET Incomèllèxpenditurel 40 Total funds brought forward 018 321 TOTAL FUNDS CARRIED FORWARD The nots8 on pa9e5 9 to 11 fomi part olthese fmanti81 ststements
DENBY DALE VILLAGE HALL Balance Sheet at 31 December 2024 Notes 2024 2023 Flxed as¥ets Tangit4e ass81s 1.014,932 1,017,405 Current as80ts Debtors Cash at bank and in hand 6.890 39,964 40.270 Cr•(Jitor¥: Amounts falling du• wlthln one year 12 14 Not Current 88tsts Total Sets 1055 current Ilatrxlitiès Net aS8•t8 Fund8 Unrestrided fvftds The financial stslements wer8 8pproved bythe board of Trustees and signed on its behalf by.. G Morris (frusteel Datè. i £: 4 ,...&.o.LS Th8 on pages 9 to 11 fomi part0f1tfinaUal $tstwMnts
DENBY DALE VILLAGE HALL Notes to the Financial Statements for the Year Ended 31 December 2024 ACCOUNT]NG POUCIES Accounting conventlon These accounts have been prepar&J under the historical w)¥ention wrth items recognised al cost or transaction value unless otherwise stated in the relevant note{51 to these a¢¢ounts. These accounts have been prerjared in accordancè wth the Statement ol Recommended Practice.. Accounting and Rewjrting by Charities preparing their accounts in accord8nce with the Financial RèportiryJ Standard applicable in Ihe UK and Republ of Ireland IFRS 1021 issued on 16 July 2014 and with the Charities Ad 2011. Incorning rnsource8 All incorning resources are incjuded when the Charity becomes entitled to the resources and the monetary value can be measured suffiaent liabilIty. Donatlons Donations are onty indud8d when the general income cognitIon (teria are mel. Llablllty recognltlon Liabilities are recognised when it is more likely than not there is a legal or nstfU¢tive obligation commtttrng the charity to pay out resources and the amount ofthe 0119allOn can bemeasured with reasonable certainty. ¢r•dltors The charity has cteditors whicl) are measured al settlerneth arunIS le$$ any Irade discounts. Tangible fixed assets l fixed assets are valued al cosl less dewec3ation. DgpreclatFon Depreoation is provided at the fdlow¢ng annual rates In order to wdte off each assèt over its estimated useful life-. Freehold property Building improvements Equipment Fixtures and fith'ngs not depmated 2.5% straight line 25010 Ung balan 15¢h reduc4ng balance OebtOTS Debtors are measured on initial recognition on settlement amount, after anytrade discounts or amount advanced by the charity. Subsequently they are me8$ured al thè cash or other considerallon expecled to be recEi¥ed. Stoeks Inventories are valtjed at the l(ywer of cost and net realisaNe value, after making due allrthanix for obsolete and slow-moving items. Basie Financial instruments The charty accounts for t*asic finanaal instruments on iniiial recognition a$ per paragraph 10.7 FRS 102 SORP. Subsequent measurement is as paragraphs 11.17 10 11.19, FRS102 SORP. Fund$ Unre$tdct•d Unrestricted funds are those fund$ aVailae to furth8f the fund's chantable obiecttve5 at the dlstretion of the tiustees. Taxatjon The Charity is exèmpt frcrfn tax on its cham8tye activrti&s.
DENBY DALE VILLAGE HALL Going Concern Under the going concem basis of accounliThJ. the finantsal statements are tkiepared on the assumpb'on that the charity is a going o)ncem and 11 continue rts operations for the foreseeable ftjiure. During the ygar ended 31$1 December 2024 the eharty inc41r a net loss of E740. reflectir*g on90ing d)allenges within the current trading environment. The trustees have implemented a number of measures aimed at improving piofrtability and remain wnfident in the ¢harty's ongoing viability. TANGIBLE FIXED ASSETS Buildtng Improv•- ments Equipment Fixtures and Fittings Froehold Total Cost At 1 January 2024 Additions Disposals At 31 Decombor 2024 950.CM)O 88.057 24.1 e8.782 2,174 1,130,889 2,174 9SJ.WO 88.057 24.060 70.956 1.133,073 Depro¢laUon At 1 January 2024 Charge lor yéar On disposals At 31 Dee•mber 2024 23,988 18 54.172 2.428 113.494 4,847 2.201 37.535 24.(K 56.6 118,141 Not Book V•lu•s At 310•eomber 2024 950,LK)O 50.522 14,356 1,014.932 At 31 Decomb•r 2023 950.000 52.723 72 14.610 1.017.405 DEBTORS 2024 2023 Trade debtors Prepayments SloGk 4.792 393 4,805 380 2,950 CASH AT8ANKAND IN HAND 2024 2023 Cash and current oUnt Deposrt account 4.220 28,854 4,341 25,939 CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR 2024 2023 Trade creditors Accfuals and deferred incomè Tax and social security 2,411 10.460 1.789 10.508 1,463 10
DENBY DALE VILLAGE HALL Notes to the Financial Statements for the Year Ended 31 December 2024 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees. remuneration or other tenÈffts for thè year endod 31 December 2024 nor for the year ended 31 December 2023. Trustees. •xpenses Ouring the year to 31 December 2024 there were small repairs and bar consumables expenses Sn relation to the refurbishment of the pie hall and Sto purchases that wére reimbursed lo membèrs of the trustees. RELATED PARTY TRANSAcmoNS The charty was associated Vrith the Pie H811 Socjal Club Limrte(I, a MpanY registered untler the Industrial & Provident Soaeties Ad 1965 and the Friendly and Industrial and Provident soaeb.es Act 1968 The charity is ultimately controlled by its Injstees. No individual has overall control.