cIlty regis110 nurnber.. 702464 Mollington, Backford & District Village Hall The Five Village5 Hall Annual R¢FK)rt and Financi81 Ststements for the Year Ended 30 Septcmbcr 2023
Mollington. Backford & Distriet Village HAII Contents Trustees, Report.... .................................................-..-................................ ......................................... Independent Examiner'5 Report to the trustees of Mollington. Backford & Distrirt Willage Hall.......... statement of Financial Activities for the Year Ended 30 September 2023.. Balance Sheet as at 30 September 2023............................................................................................... Notes to the Financial Statements for the Year Ended 30 September 2023....................................... 10 Page 2
Mollington. Backford & District Village H911 Trustecs, Report The trus present the annual report iogethcr w'ith th¢ flnattciat stst¢ments ofthe charity for th¢ year ended 30 September 2023. Objectives and *etivities ()bjeets and15 The object of the chariry is the provision aDd maintenance of a village hall for the use of the residents ofthe are4 io ben¢fil wiihoui di5tinciion of poliiical. religious OT oiber opinion& including us¢ for.. lal meetings. lecrure5 and classes. and Ibl other torn of recreaiion atld leisure-iime ruPatIon. wilh the objttt of imw)vin8 the ci)ndiiions of life for ihe residents. Objertives, slrnlwes ort1.11eS Our objwtives are to ¢n¢oura¥e youth and faD)ilie5 to engage in aciivities togeEber io itnprov¢ skills, wellbeing and cohesion: to minimise ihe sense of ilatIOn of Éhe elderly through engagement with the rest of the communiry: to sigt]ÈfLcantly in¢rca5e the uiilisation of the space by locals. fundraiser5 and volunteers., the asse5smeni of user need5 by both physical and digitsl meaDS SO &S to wniinue to tnc¢t their need& Public bener The provision of the new village hall is now b¢tLer suiied to provide benefii to all I14] residents. The iru5tees confirn1 thai they have complied with the requirements of seciii)n 4 of the Charities Act 2011 to hav¢ du¢ regard io ihe public b¢n¢fi1 guidance published by ihe Charity Commission for En8land and Wales. Page 3
Mollington. Backford & District Village Hall Tru5tees' Report Reference and Administrative Detils Trnsiees MTS Rosemary Grncc Sedgwick ICh8irl Mrs Karen Vaughan Sibson Mr5 Judy Pairicia Morgan Mr Mich&el John Cheers Mr Andrew Harknes5 Mr John Fielding Mr Michael Antotty Jones Mr Mark Hockedy PriDcip&l Office Villagc Hall. %tati()n Roa Lea-bv-Backford Cheshire CH16 Charitv Rtgistr•tioD Yumber 702464 Bnkers LloydsTSB Chesler Foregaie Street Independeni Examiner Wirral AcLouriling Ltd 15 BTinlcy Clos¢ BrornEorough Wirrdl CH62 6EB Page 4
Mollington, BAckford & District Village Hall Financial iTrstrnments I)bje£'li5 ondpolicies The Charity's a¢ii%'ittes exwse it lo a number of flnancial risks including cr¢dii risL cash flow risk and liquidily risk. The ch]ry does not us¢ d¢rib'aiftve financia] for sprtujaiive purp)& njk InreSt bearing assets and liabilities are held ai fixed ra* io ensure certainty of ush flows. Credii nsk The Chariry's principal fllwicial assets are bank balan¢e5 and wh. Page 5
Mollington. Backford & Distrfftct Village Hall Trustees, Report Statement of Trnsttts. Responsibilities The rtwiees are resw)nsible for preparing the [nl¢es. rewn and the financial statements in accordance with ihe Unired Kingdom Accounting Standards (Uniied KiDsdorn Gen¢raily Accept¢d AcLounting Praciicel and applicable law and regulalioos. The law applicablt to chariiies rquires the trustees to prepare financial siatements for each fllJanci81 year which give a true and fair view of the stste of affairs of the chariry aud of th¢ incoming r¢sources and appIltion of rcsourres of the charity for that period. In wcparing the5¢ fllwicial staicmellts, the tsiJ51ees 8re rquimt to.. seleci suitable a¢countiug FKJlicies and then apply them consisi¢nily' observe the meth(xLs ond principlcs in the ClJan"lics SORP: rnake judgements and ¢siimaie5 that are reasonable and prudent: state whether appli¢able accounting siand8rds bave been followe4L subjecr io any tnaterial departures dis¢losed and explained in the financial stslem¢nts: and prepare th¢ financial statements on ihc going concern basis unless it is inappropriate io presume that the charity will contiFtu¢ in busine. The trustees are reSnsible for keeping proper attouniing records that disclose lth reasonable accuracy at any time the financial w>sition of th¢ Charity and enable th¢m ensure that the financial statements comply wi(h the Charilies Aci 2011, Ihe applicable Chariiies IAccounts and RewEtsI RegulatjODS. and the provisions of the consiiwtion. The tnLStees are a150 responsible for safeguarding the ass¢ts of the charity and hence for taking re&sonable $*p5 for the preN'¢niion and detection of fraud and otheT IegUlarl1]e$. The annual report was approved by the tru¢¢5 of ihe chan.ty on NJ rf 2023 aud signed on its bel1[ by.. Rosemary Gra¢e Sed8wick Page 6
lollinOn, Backford & District I:illAge Hall Independeni Examinerfs Report io the trusiees ot Nlollington. Backtord & Disirict lillage Hail I on accounTs of ct4n¢i for cl1 211 J12.7 M.hKh ajr oul on pws.S to 10. R(ipr£is)f j91b1I1l7¢1 of #nd C%arnir T1 In151ccs,?rc re1b foi th P1%all0 oj" Llr Coun5. Tlr imqiTs Co1[ tlw an audll is ffquired for ikns i.car unthr scfflion 14417 i of CItyrnic5 .4ci !l)I I Iilr 2hl 1 4cii ikni an i1¥k'1 c111111 li Is mi %FX)5ihl7lts to.. couThs uAk.r ixTrii 14$ of1 2111 l Aci. 14515Mbi of Ilx. •ii11 .4a. aiml to iiheiher rmnirul.Ir nkincr5 Iwc co¢ io mi B4Jii of indwndent cilunlner'i report Mi eiAmit¥kfl<FIt 11.'lS ¥dmcd oui In.Ordat with gcml Diw)on5 CIwi"li ComnllSSiOll An eurnion I15 a l'Ic of aLrourting TLtord5 kept bi The clunTh aTrl d of &coun15 1117 IhD rttryrd4 11 4ry150 irliths COTNderdiion of Jm Fiems or dI10$uS in &coun15 arkl sccknTY Cl#1(10ns frDM iou as In&¥Y4 cOemin% am" llers. prEMxdurcs U1¢flakeI7 &) noi ptvl L(k Jll IIK Li idk-rne Il¥1 uould In dn 010 Is gii'en ts io M trI Accounis p5¢ 2 "In JThJ f&ri ieii a1 rert E4 limited io Ihose mthieTh sd In 4atcrnLrt. Independcni ei¥mlner'4 xixieiiiciit In nctIOn 1th ¢um]NIioJL l•s io mi affertion." I I iihi¢h gn'c.% iiw reiiSOTMbk Cal 10 Ilwi iii dm Tf5FKYI reqUEM¢5 IL) kL'LP di¥OiIIMI IE¥ords in accorthtKe n.iih se¥iion l 311 of iht nL-triiics 4c1 2111 i. JFXI 10 PIEP¥lfE KCOWU5 u lucli i4iih I1 0NiT$ rttords aTh1 con4)h Miih lI1n2 YequiieiTIMS of ilr ?()11 4 11.0[ {21 to Mkn"clL in mi opinioN mOn should tn onkr 10 en4)1¢ 4 pryr thknJ¢rAalng ofilr XLX)UUS li ?{121 Pa8e 7
Mollington. Backford & DistrRct Village Hall Statement of Financial Activities for the Year Ended 30 September 2023 Tot&1 Total 2023 2022 ljtcome and EndowmeTrts from." Donations. Itgacie% and granis H811 hire Lnter¢st income Other inLorne 18.531 41.197 51,719 19,188 11,408 17.825 Total Income 71.276 88.741 Expenditre on: Total expenditure 37.6761 -(25.338) Depreciaiio 20.9461 (3.170 Nei movement in fund5 12.654 58.?33 ReconcÈii•tion offunds Total funds carried fonvard 12,654 58.233 All of the Lharity'5 acrivities derhve from ¢oniinuing operations during the above N'o periods. The fund5 breakdowij for 2023 is shown in nole I l. Page 8
Mollington. Baekford & District Village Hall (Registration number: 7024fA) Balanc¢ Sheet as at 30 Septemkr 2022 2023 2022 Fixed assets Furniture & FÉttings Kitchen Equipment Buildings 12.IXJ9 12.678 8.394 920.403 903.671 916.349 Currtnt uJetS St Prepayments Cash at bank and in hand Eo 1.076 47.143 48.219 55.676 55.676 Current liabilities Accruals Net asset5 976,079 963.467 Unreslricted income funds UnrestTici¢d funds 41.693 280 934.1()6 41,693 220 921.554 Totsl unrestricted funds 976.079 963,467 Tots] funds 976.079 963,467 The financial stst¢menrs on pages 6 10 13 wtte Approv¢d by the tslISt and 2uthorised for issue on i 04 2023 and signcd on their behalf by: osemary Grace Sedgwick TnL%I¢ Page 9
Mollington, Backford & District Village Hall Notes to the Financial Statements for the Year Ended 30 SeptemEtr 2023 I AccothlltiDg policies Sttement ofcotnplinc¢ The financial staiemenLS have been prepared in accordanee with Accounting and Reporting by Charities.. Statement of Re¢onunended Practice appItble to charitirs preparitig their 8¢¥ounts in ae¢ordallce with the Finan¢ial Reporting Stsdard applicable in the L.K and Republic of Ireland IFRS 1021 leffe¢iive l January 20151 (Charities SORP IFRS 10211. Ihc Finan¢ial R¢sx)ning Stsndard applicable in th¢ UK and R¢publi¢ of Ireland IFRS 1021 and tbe Chariries Act 2011. Basis of preparatio Mollillgton. Backford & Disttici Village Hall meets the def1110 ofa publtc benefit eniÈry uDdcr FRS 102. Assets and liabi15ties are iftitially recognised at historical CO or transaction value unless otherwise ststed in the releyanr accouDiing policy notes. EIemption from prep¥Jrin8 # flow stteent The charity OPL¢d lo early adopt Bulletin I publithed on 2 Febnsary 2016 and have therefore noi included a cash flow stai¢ment in these financial stsr¢mellts. Going concern The irusiees consider thai there are no nuiuial u¢nainti¢s alx)ut the chariW5 ability lo contillue as a going concern. Inrome and endov•'meD¢s Volunlary incomL inLluding donations. gifi& le8ac1 aod gran15 that proi'tde corc funding or dre of a general nature is reLogDised when lh¢ Charily has entiilement io the income. il i5probabl¢ that ihe incorne will r¢reivcd, and the amount Lan b¥. measured with 5ufficienl relÈabiliiy. ExpendItre All cxpcnditure is recognised once th¢r¢ is a Icgal or construciive obligation to Lhat expenditure. li is probable settlem¢ni is required and the 3mount &qn be measured reliably. All Lv5ts are lOCated io the applicable expenditur¢ hcading Ihat aggregate similar costs ts) Ihal category. Where costs &qnnoi be dtrectly attribut¢d to particular heading.. they have all(KatLxE on a basis Consiettt w'ith th¢ ub¥ of r¥sources, M'irh central staff ¢osts all(xed on th¢ basi5 of tim¢ spenL and depre£iaiion charge5 lIK¢d on the lOn of the ossei's use. Othlr %uppvrt COSIS are allo¢aTed on ¢hc spread of sthff costs. Support costs SuppLifi Lust5 InLlude central fiJDCtions and hav¢ bEen allated to aciiviry cosi cai¢¥(Trrits on a bH$is con$isteni with the usc of ()urCeS. for example. allaling PfOWly costs by floor areas. or pcr capil4 s¢afT cosls by the time speni and other cost% by their usage. Stock Stock is valued at the lower of ¢o$i and estimaied selling price less ¢osts io cornpleie and sell, after due arli for ob501eie and slow-moN'ing stkS. Cosl is deterniine(l usin8 the fiTSi-in, fitst-out IFIFOI. Page 10
Mollington. Backford & District Village HAII Notes to the FiDVdncial Statements for the Year Ended 30 September 2023 Fund Structure General unre5trictcd fvnds are resour¢e5 available for any purposc relevani to tnaintenance of the hall. tksignated funds are unrestricied sei aside for specific purp gt the disClOn of the trustee8. 2 Income from d•rtation& Jegties •nd grnts Uthrestrieted fulld$ Total 2023 Tot41 2022 DesigDXted Donations and leg&ci¢s: Donations io major ap&15 Grants, tncluding Lap1[ grants- Grants frorn other charities 1.327 11,327 2,(M)I 7,204 18531 7,204 18.531 49,718 51,719 3 IDcoJDe from other trading activitie5 Drestricted funds Total 2023 Design•ted 2022 140 Other ev¢nts income,. 11.408 11.548 11.408 11.548 17,825 17,825 4 114ll bire illcome Unresiricted fuDd$ Total 2023 Ttstl 2022 De5igDted Rental income 41.197 41,197 19.118 Page 11
Mollington, Backford & Distriet Vi]lage Hall Notes to the Financial Statements for the Year Ended 30 September 2023 5 Other expendIre Unrestricted fwDds Tot•1 2023 Duigpated 2022 Staff cos15 Wage5 and salaries Audit of the fIclaI 5taternents Marketing and publÉciry Depreciation Allal¢d supp)rt costs 2,941 2(M) 2,941 200 2.810 425 20,946 34.535 58,622 20.946 34.535 58,622 3,170 ?4.103 30.508 6 Net bncominyjovtgoiog resources Net IncominlOUIS0Irtgj resour¢es for the include.. 2023 2022 Audit fees 2(M) 425 7 Trustees remuneration and expenges No truslces. p¢rsoTrs co[UrI¥4 w'ith the1 have re1¥ any r¢mwwNion from the clwity dutillg the year. No tslee8 have received any other bellefits from th¢ ch8rity during the year. 8 St4ff cos15 The aggregate payroll costs were as follows.. 2023 2022 Stair costs during ¢he yegr were: Wages and 5alarie5 2.941 2.810 The monthly averdge number of pemn$ lilUdIng scnior mallagemeni team) employed by the clwity during th¢ yedr express¢d as full-time equiNalenis w'as as follo.%- 2023 2D22 Employee 012023 - 0) of the alM)ve employtts p3rticip8tthl in the Defined Contribution Pension Schemes. 012022 - 0) of the above employees participated in the Defined Benefit Pen5Lon SchemL¥. Coniribulions io the employee t*nsiotk schetnes for the yw totsll¢d £Nil (2022- £Nill. Page 12
Mollington, Baekford & Distriet Village H¥dll Notes to the Financial Statements for the Year Ended 30 September 2023 During the year. the ¢lwÉty made redundancy an(tror tenntnation paym¢nts whicb totalled £Nil12022- £Ntll. No employee rtceii'ed emoluments of rnorc thats £60.IMM) during the ycr 9 Taxation The charily 15 a rewstered ¢harity and is thcrefore ¢x¢mpt from I&Xalioii. 10 Siock 2023 2022 Stocks 11 Funds Incoming rwurfes Rewwrttg expended BAlanee #130 September 2023 Unrestrirted funds Designawl 71,276 37,676 33,6(Kl 12 Analysis of nei funds Al l Ortober 2022 At 311 September 2023 C5b IID C&sh ai bank and tn hand Net cash 47.143 47.143 8.534 8.534 55.677 55.677 Page 13