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 AdmInIstra￿V 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 Huddersfl￿d 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$te88 Inductfjon and Tralnlng Any new Trustees are inviled to meet the Tr￿tee$ and briefed on their role. The Trustee$, main responsibilty is to make sure the Constitution is followed and ensure that the Charity's main asset. its building. is properly mairbtained, insuiwj and OtheTh￿Se preserved. The TnJstèÈs hold meetsngs on an ad-hgc basis. Organitsational Structure Trustees are appointed and iegular meetings are held in accordan￿ wth the Constitution. A speci81 mèeting may be summoned at any time tyy Ihe TrL¢Stee$ 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. PrO￿d￿re$ 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 fun*Ys for ongoing repairs and maintenarKe of the building Th8 Charity works dosely wth othw local otganisatlons to fvlfil its objectives of woviding Se￿Ie*S 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 regu￿ar 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 ca￿131 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