Charity registration number: 702464 Mollington, Backford & District Village Hall known as The Five Villages Hall Annual Report and Financial Statements for the Year Ended 30 September 2024
Mollington, Backford & District Village Hall Contents Trustees, Report...................................................................................................................................... Independent Examiner's Report to the trustees of Mollington, Backford & District Village Hall........... Statement of Financial Activities forthe Year Ended 30 September 2024............................................. Balance Sheet as at 30 September 2024.............................................................................,...,............... Notes to the Financial Statements for the Year Ended 30 September 2024........................................10 Page 2
Mollington, Backford & District Village Hall Trustees, Report The trustees present the annual report together with the financial Statements of the charity for the year ended 30 September 2024. Objectives and activities ObJecÉs and aims The object of the charity is the provision and maintenance of a village hall for the use of the residents of the area to benefit without distinction of political. religious or other opinions, including use for: (a) meetings, lectures and classes, and (b) oiher fornis of recreation and leisure-time occupation. with the object of improving the conditions of life for the residents. Objectlves, slrategles and actlvltles Our objectives are to encourage youth and families to engage in activities together to improv¢ skills, wellbeing and cohesion. to minimise the sense of isolation of the elderly through engagement with the rest of the community. to significanily increase the utilisation of the space by locals. fundraisers and volunteers. the assessment of user n¢eds by both physical and digital means so as to continue to meet iheir needs. Publlc benejli The provision of the new village hall is now better suited to provide benefit to all local residents. The trustees confirni that they have complied with the requirements of section 4 of the Charities Act 201 I to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. Page 3
Mollington, Backford & District Village Hall Trustees, Report Reference and Administrative Details Trustees Mrs Rosemary Grace Sedgwick (Chair) Mrs Karen Vaughan Sibson Mrs Judy Patricia Morgan Mr Michael John Cheers Mr Mark Hockedy Principal Office Village Hall, Station Road, Lea-by-Backford Cheshire CHI 6NT Charity Registration Number 702464 Bankers LloydsTSB Chester Foregate Street Independent Examiner Wirral Accounting Ltd 15 Brinley Close Bromborough WitTal CH62 6EB Page 4
Mollington, Backford & District Village Hall Financial instruments Objectlves andpolicies The Charity's aclivities expose it to a number of financial risks including credit risk, cash flow risk and liquidity risk. The charity does not use derivative financial instruments for speculative puryoses. Cdshflow risk Interest bearing assets and liabilities are held at fixed rate to ensure certainty of cash flows. Credll rlsk The Charity's principal financial assets are bank balances and cash. Page 5
Mollington, Backford & District Village Hall Trustees, Report Statement of Trustees, Responsibilities The trustees are responsible for preparing the trustees, report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdorn Generally Accepted Accounting Practic¢) and applicable law and regulations. The law applicable to charities requires ihe trustees to prepare financial statements for each financial year which give a true and fair view of ihe state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial stat¢m¢nts, the trustees ar¢ required to.. selecl suitable accounting policies and then apply them consistently. observe the methods and principles in the Charities SORP. make judgements and estimates that are reasonable and prudent. state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statemenis. and prepare the financial statements on ihe going concem basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy al any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations. and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable st¢ps for the prevention and detection of fraud and other irregularities. The annual report was approved by the trustees of the charity on l ?. I I 2024 and signed on its behalf by.. rs osemary Grace Sedgwick tee Page 6
Mollington, Backford & District Village Hpdll Ind¢pendent Examiner's Report to the trustees of Mollington. Backford & District Village I rem on the accounts of the charity for the year ended 30 September 2024 which are set out on pages 5 to 10. RpeCtive responsibilhle5 of trnstees Cxaminer Th¢ truslees are resrrf)nsible lor thc prcporniion of th¢ amunts. Th¢ ronsid¢r that an audit is nol requir for this year under lon 144(2) of the Charities Acl 2011 (the 21)I l Act) and thai an mdwryJGnt ¢xamir0tion is nccded. It is mv resnSibilI¢V to.. examinc the accounts uthr section 145 of the 2011 Art. lo follow the procedures laid dowTh in the general Directions Ven h. the Chan'ty Cornrnission ur s¢aion 145{S)Ib) of thc 201 l Act; and io state wh¢th¢r pThrnqJlar matter5 b,¢ corn¢ to rny an¢fftiOIL Bath of IDdependent examiner'i report My examinaiion was catricd out in acwrdance willi the 8eneral Directions gLi¢n by the charl Commissio An examination includes a re%iew of the accounung reri kcpi by the charity and a wmparison of the accounts presented with thos¢ records. It also includes Lxinsideraiion of any unusual items or disclosuffs in the accounts and se¢king ¢¥planation$ frnm >ou as uuswcs conrxrninE any sh rnatt¢rs. The predureS undertaken do noi provid¢ all the evidence thal would required in an audit and consequenu). no opinion is given as io whether the accounis pres¢ni a 'true and fair %'ieth' and the repn is limiied to those mÈttets sd oul In thc nexl SLqtemeni. Independent examintr'l •tatement In connefflion Nryth my examinatioTh no llorter has cort to my attenlion.. ( l) which 8ivcs me r¢8sonable lo believe th in any material res requiremenls.. to kw accountin8 rcwrds in accordanc¢ with section 130 of the Chatities Ath 2011. and to prep8re ac¢ounls which accord with Ihe accounting records and compty wilh accouniin¥ requiremciits ofihe2011 Act not be¢n m¢t: or (2) io which. in my opinioo attention should be drawn in order to enablc a PrOr Ur#and8 of the accounts 10 Ix reached IS Nov 2024 Page 7
Mollington, Backford & District Village Hall Statement of Financial Activities for the Year Ended 30 September 2024 Total Total 2023 2023 Note Income and Endowments from: Donations, legacies and grants Hall hire Interest income 1.199 40,280 219 18,531 41,197 140 Other income 8.641 11,408 Total Income Expenditure on.. Total expenditure 38,289 37.676 Depreciation Net movement in funds 33,600 Reconciliation of funds Total ndS cTled fonvard 8.896 All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in note I l. Page 8
Mollington, Backford & District Village Hall (Registration number: 702464) Balance Sheet as at 30 September 2024 2024 2023 Note Fixed assels Furniture & Fittings Kitchen Equipment Buildtngs 9,890 12,009 889,566 899 456 908,394 920,403 Current assets Stocks Prepayments Cash at bank and in hand 10 55,676 55,676 67,727 Current liabilities Accruals Accounts payable Net assets 967 183 976.079 Unrestricted income funds Unrestricted funds Key Deposits Other reserves 41,693 280 280 966 903 934 106 Total unrestricted funds 967 183 976 079 Total funds 966,903 976 079 The financial statements on pages 6 to 13 were approved by the trustees, and authoiised for issue on ITr. 11 2024 and signed on their behalf by- semary Grace Sedgwick Trus Page 9
Mollington, Backford & District Village Hall Notes to the Financial Statements for the Year Ended 30 September 2023 l Accounting polieies Statement of compliance The financial statements hav¢ been prepared in accordance with Accounting and Reporting by Charities: StateTnent of Re¢omm¢nd¢d Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2015) (Charities SORP (FRS 102)). the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. Basis of preparation Mollington. Backford & District Village Hall meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. Exemption from preparing a cash flow slatement The charity Opted to early adopt Bulletin I published on 2 February 2016 and have therefore not included a cash flow statement in these financial statemenls. Going concern The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. Incolne and endowments Voluntary incorne including donations, gifis, leoacies and orants that provide core funding or are of a general nature 15 recognised when the Charity has entitlement to the income, it is probable that the income will be received, and the amount can be measured with sufficient reliability. Expenditure All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated io the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings, they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of tirne spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Support costs Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas. or per capita. staff costs by the time spent and other costs by their usage. Stock Stock is valued at the lower of cost and estimated selling price less costs to complete and sell, after due regard for obsolete and slow-moving stocks. Cost 15 det¢nnin¢d using the first-in, first-out (FIFO). Page 10
Mollington, Backford & District Village Hall Notes to the Financial Statements for the Year Ended 30 September 2024 Fund strueture General unrestricted ndS are resources available for any purpose relevant to maintenance of the hall. Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees. 2 Income from donations, legacies and grants Unrestrieted funds Total 2024 TolAI 2023 Designgted Donations and legacies. Donations to major appeals Grants, including capital grants: Grants from other charities ,031 1,031 11,327 167 167 3 Income from other tradlng actlvlties Unrestricted funds Total 2024 Total 2023 Designated Interest: Oiher events income: 219 219 140 4 Hall hlre Income Unrestricted funds Total 2024 Total 2023 Designated Rental income 40,280 40,280 41,197 Page 11
Mollington, Backford & District Village Hall Notes to the Financial Statements for the Year Ended 30 September 2024 5 Other expenditure Unrestricted funds Total 2024 Total 2023 DesÉgnaled Staff costs Wage5 and salaries Audit of the financial statements Marketing and publicity Depreciation Allocated support costs 2.735 200 2.735 200 2,941 200 20.946 35.554 20.946 20,946 34535 6 Trustees remuneration and expenses No trustees, nor any persons connected with them, have received any remuneration from the charity during the year. No trustees have received any other b¢n¢fits from the charity during the year. 7 Staff costs The aggregate payroll costs were as follows.. 2024 2023 Staff eosts during the year were: Wages and salaries 2.735 The monthly average number of persons (including senior management team) employed by the charity during the year expressed as full-time equivalents was as follows: 2024 2032 Employee 0 (2024 - 0) of the above employees participated in the Defined Contribution Pension Schemes. 0 (2023 - 0) of the above employees participated in the Defined Benefit Pension Schemes. Contributions to the employee pension schemes for the year totalled £Nil (2023 £Nil). Page 12
Mollington, Backford & District Village Hall Notes to the Finaneial Statements for the Year Ended 30 September 2024 During the year, the charity made redundancy andlor tennination payments which totalled £Ntl (2023 - £Nil). No ernploy¢e received emoluments of more than £60,000 during the year 8 Taxation The charity is a registered charity and is therefore exernpt from taxation. 9 Stock 2024 2023 Stocks 10 Funds Incoming resources Resources expended Balance at 30 September 2024 Unrestricted funds Designated 12 Analysis ofnel funds At l October 2023 At 30 September 2024 Cash flow Cash at bank and in hand 55,677 12,051 67,727 Page 13
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independont Exaniiner's Report Report to the trusteesl members of Mollington Backford & District Village Hall On accounts for the year ended 30 September 2024 Charity no (If any) 702464 Sat out on pages 1 to1 I report to the trustees on my examination of the accounts of the above charity (the Trusv,) for the year ended 3010912024. Responsibilities and As the charity trustee5 of the Trust, you are rasponsible for the preparation basis of report of the accounts in accordance wltr the r8quirements of the Charits'•S Act 2011 ("the Acy). I report in respect of my examination of the Trust's accounts carfed out under section 145 of the 2011 Ad and in carying out my examination, I have followed the applicable Diractions given by the Charity Commission under section 145{5)(b) of the Act I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination 1¢h gives me cause to believe that in, any material respect: accounting records were not kept in acrdance with section 130 Of the Act or the accounts do not accord with the acrnunting records I have no con¢ems and have Come across no other matters in connettion with the examination to which attention should be drawn in order to enable proper understanding of the accounts to be reached. Independent oxaminefs stat•rnent signed: Date: 1511112024 Name: Susan Martin Relevant professional qualmcation{s) or body (If any): AAT Address: 15 Brinley Close Bromborough CH82 6EB Section B Disclosure Only complete ff the examiner needs to highlight matters of concem (see CC32, Ind8p•nd•nt examination of charity gccounts: directions and guidanee for examiners). IER October 2018
Give here brief detsils of any items that the examlner wishes to disclose. IER October 2018