## THE KEPIER TRUST
TRUSTEES REPORT AND FINANCIAL STATEME FOR THE YEAR ENDED 31 DECEMBER 202
Charity Number 527348
## THE KEPIER TRUST
## CONTENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
Reference and administrative details of the charity, it's trustees and advisors
Trustees Report
Independent examiner's report
Statement of finacial activities
Statement of assets
## **THE KEPIER TRUST**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUST**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
## **Trustees**
Mrs J Henderson (Acting Chair) Mrs A Young Mrs J Heron Rev'd J Barron
## **Charity Registered Number**
527348
## **Principal Office**
Kepier Hall Church Street Houghton-le-Spring DH4 4DN
## **Independent Examiner**
Peter Brown 42 Coptleigh Houghton-le-Spring DH5 8JE
## **Bankers**
Lloyds Bank 33 Newbottle Street Houghton-le-Spring DH4 4AP
## **THE KEPIER TRUST**
## **TRUSTEES' REPORT**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
The Trustees submit their annual report and the financial statements of The Kepi for the year ended 31 December 2022. The Trustees confirm the annual report a statements of the charity comply with current statutory requirements, the requir governing document and the provisions of the Statement of Recommended Prac and Reporting by Charities" issued in March 2005. The Statement of Financial Ac prepared on a cash basis.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **a. Constitution**
The Kepier Trust is constituted by a scheme made by the Charity Com October 1993 as amended by resolution on 24 August 2012. It is reg 527348.
## **b. Organisational Structure and Decision Making**
During the year we were delighted the Rev'd. John Barron became a proved invaluable with the many skills he has brought to the Trust. Tilley, Solicitor who joined the Trust in 2021 had to retire because of However, he has agreed to be the Trust's Legal Representative. The Chair but it is hoped this situation will be resolved soon.
## **c.**
The Trustees have reviewed the major risks to which the charity is ex monitor the arrangements and systems in place to mitigate those ris
## **OBJECTIVES AND ACTIVITIES**
To provide and maintain a building to be used for the following purposes: (A) to f other charitable work of the Church of England in the area of the ancient parish o Angels, Houghton-le-Spring: and (B) as a village hall to be used by the inhabitan distinction of political, religious or other opinions, including use for meetings, lec for other forms of recreation and leisure-time occupation, with the objective of im of life for the said inhabitants.
## **THE KEPIER TRUST**
## **TRUSTEES' REPORT (continued)**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
## **ACHIEVEMENTS AND PERFORMANCE**
The Kepier Hall is being well used by a wide range of groups and members of the Charity looks to continue and improve its links with community groups. The com well within the building and income supports the Charity's work in the communit
During 2022 the Kepier building gradually returned to pre-Covid days and the us been appreciative of the help to get them up and running again.
St Michael & All Angels Church's outreach project Space 4 is still operating their Community Store from the Kepier.
The Charity continues to work closely with St. Michael and All Angels Church and strengthen and promote the charitable work of the Church in the community. Th continues to work closely with schools to strengthen educational ties with the Ke and the important history of the Kepier Hall.
## **GOING CONCERN**
After making appropriate enquiries, the trustees have a reasonable expectation t adequate resources to continue in operational existence for the foreseeable futu continue to adopt the going concern basis in preparing their financial statements
## **RESERVE POLICY**
The Trustees' reserve policy is to accumulate reserves sufficient to maIntain the
## **TRUSTEES' RESPONSIBILITIES**
The Trustees are responsible for preparing the Annual Report and the Financial S accordance with applicable law and United Kingdom Generally Accepted Account to smaller charities.
## **THE KEPIER TRUST**
## **TRUSTEES' REPORT (continued)**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
Law applicable to charities in England and Wales requires the Trustees to prepare each financial year which give a true and fair view of the state of affairs of the ch surplus or deficit of the charity for that period. In preparing those financial statem
- **a)** Selected suitable accounting policies and applied them consistently **b)** made judgements and estimates that are reasonable and prudent **c)** prepared the financial statements on the going concern basis (unles presume that the charity will continue in operation).
The Trustees are responsible for keeping proper accounting records that disclose accuracy at any time the financial position of the charity and enable then to ens statements comply with the Charities Act 2011. They are also responsible for sa of the charity and hence for taking reasonable steps for the detection and preve irregularities.
This report was approved by the Trustees o on 31st March, 2023 and signed on its behalf by:
Mrs J Henderson Acting Chair
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES**
## **THE KEPIER HALL TRUST**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
I report to the Trustees on my examination of the accounts of The Kepier Trust fo ended 31 December 2022. As stated in the trustee's report, the Statement of Fin Activities on page 5 has been prepared on a cash basis.
## **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 Ac
I report in respect of my examination of the Trust's accounts carried out under se Act and in carrying out my examination I have followed all the applicable directio 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 com attention in connection with the examination giving me cause to believe that in a material respect:
1 accounting records were not kept in respect of the Trust as required section 130 of the Act ; or
2 the accounts do not accord with those records.
Peter Brown dd mmm yyyy
42 Coptleigh Houghton-le-Spring DH5 8JE
## **THE KEPIER TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
|**Incoming Resources**
Room hire
Bar sales
Rent receivable
Donations and Grants
Interest received
BT Refund
Sundry income
**Total incoming resources**
**Resources Expended**
Wages
**Cleaning**
Maintenance, renewals and cleaning materials
Legal services
Book keeping
Music licence
Sundry expenses
Telephone
Gas, electric, water, rates and waste
Insurance
Kepier employee
HR charges
**Total resources expended**
Net (outgoing)/incoming resources
Cash at bank and in hand brought forward|**2022**
**Unrestricted**
**£**
10,567
31,636
975
788
6,740
300|
|---|---|
||51,006|
||1,655
5,204
11,667
780
392
32
1,613
911
15,843
5,412
10,721
1,744|
||55,974|
||(4,968.00)
24,178|
||19,210|
The Financial Statements were approved by the trustees on 30th March 2022 an by
-
Mrs J Henderson
Acting Chair
## **THE KEPIER TRUST**
STATEMENT OF ASSETS AND LIABILITIES
## **AS AT 31 DECEMBER 2022**
|**Assets**
**Investments**
COIF Charities Investment Fund
COIF Charities Deposit Fund
Bank Balances
Lloyds current account
Petty cash
**Other Assets**
Prepayments and debtors
Bar stock
Liabilities|**2022**
**£**
20,620
15,000
19,210
120
5,308
35|
|---|---|
||60,293
-|
||60,293|
The Land Registry shows that the Kepier Hall is registered as being owned by Th Charities on behalf of the trustees of The Kepier Hall Trust.
The building is insured for £2,337,649 and the contents for £23,939
ENTS
22
Page
rEES AND ADVISORS
2
er Trust (the charity) and financial rements of the charity's tice (SORP) "Accounting ctivities has been
mmissioners on 26 gistered charity number
Trustee and he has Sadly, Mr. George pressures at work. e Trust is still without a
xposed and continue to sks.
further the religious and of St. Michael and All ts of the area without ctures and classes, and mproving the conditions
3
e community and the mmercial tenancies work ty
ers of the Hall have
Food Bank and
d its parishoners to he charity also epier Hall, its grounds
that the charity has re. For this reason they s.
hall in good order.
tatements in ting Practice applicable
4
e finacial statements for harity and of the ment the Trustees have:
ss it is inappropriate to
e with reasonable ure that the financial feguarding the assets ntion of fraud and other
5
## **S OF**
r the year nancial
e ct''). ection 145 of the 2011 ons given by the Charity
e to my any
by
6
## **2021 Unrestricted £**
6,439 - 25,776 1,795 613 - - 34,623
8,271 - 12,019 - 374 32 237 2,124 12,880 8,973 - - 44,910
(10,287.00) 34,465 24,178
d signed on their behalf
7
**2021 £**
23,544 15,000
24,178 125 4,570 55
67,472
- 70,088
e Official Custodian For