Charlty Reglstratlon No. 803278 GOLF GREEN HALL TRUST ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 BUSINESS ADVISORS 92 Station Road Clacton on Sea Essex COIS ISG GOLF GREEN HALL TRUST copirENTS Legal and admlnistratlve Informatlon Trustees, report Statement of trustees responslbllltles Independent examlner's report Statement of finan¢l31 actSvltles Balance Sheet Notes to the financlal statements 8-12 GOLF GREEN HALL TRUST LEGAL AND ADMINISTRATIVE INFORMATION Charfty number 803278 Prlnclpal address Golf Green Road Jaywick Clacton on Sea Essex C015 2RH Trustee$ Sylvla Hobbs Gldeon 8ull Llnda Rous Jasmine Lyons Commlttee Sylvla Hobbs- Chalr Llnda Hempstead - Vlce chaSrnreasurer Gldeon Bull - Secretary Jean Wllllams Jacqul Barter Jasmlne Lyons Ron Purdv Independent examlner Mr A D Brown FCA TC Group 92 Statlon Road Clacton on Sea E55ex C015 ISG GOLF GREEN HALL TRUST TRusfEES' REPORT FOR THE YEAR ENDED 31 MARCH 2024 Structurei 8overnance and managernent Under a deed dated 20 October 1989, the Golf Green Hall 15 held a5 a public charitsble trust for the purposes of a vllla8e hall for the use of the inhabitants of Tendrlng D15trict and the neighbourhood and visltor5 thereto. The hallls managed by a commlttee of mana8ement who are elected at the Annual General Meetlng. Objectlves and actlvltles There have been no changes In objectbves slnce the last annual report. The trustees have pald due regard to guldance Issued by the Charlty Commlsslon In decldlng what actfvltles the charlty should undertake. Achlevements and performance Overall the accounts are showlng a1055, the maln reason belng the need to Install a new gas boller at the cost of £3,828. The remainlng £162 from the £4,000 wlthdrawn from the savln8s account has been put aslde for a tea party for resldents of Corner Lod8e• Postponed from earller thls year. We wovld1Ske to thank the keep fit for thelr klnd donatlon of £250. Also all those who make donatlons and provlded hampers for our easter and chrlstmas raffles, In total the hall recelved £734. Along wlth the new years eve party thls year we also had a ValentSnes dance, between them £645 was ralsed. We recelved a refund fri)m Chubb Extlngu15hers as they dldn't provlde the servlce we had pald for. The handlcraft club no lon8er use the hall, they could have contlnued as lon8 as new people run It. All the other clubs contlnue and are happy wlth the hall and we are stlll a popular venue for partles. We now employ a cleaner one mornln8 a week, and Alan comes In most days to move tables for the clubs, generally malntalnln8 the hall and doln8 odd Job5 that are requlred. Thank you to all volunteers, especlally our Chalr 5ylvla Hobbs for all her hard work. Flnanclal revlew At 31 March 2024, the balance In the deposlt account was £1,421, and of the current account was £17,324. The Trust alms to ￿InVest into the upkeep and Improvement of the hall and grounds for the beneflt of the community. Any surplus is to be Invested to obtaln the hl8hest rate of Interest. The total income for the year amounted to £29,745. GOLF GREEN HALL TRusr TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Plans for future perfods The surplu5 from the }umble sales wlll contlnue to be used for the Improvement of the hall. The trustees report was approved by the Board of Trustees. S Hobbs Chalrperson Dated: 20 August 2024 GOLF GREEN HALI TRUST srATEMENT OF TRUSTEES RESPONSIBILMES FOR THE YEAR ENDED 31 MARCH 2024 The trustees are responsible for preparing the Trustees Report and the fi'nancial statements in accordance wlth applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accountin8 Practice). The law appllcable to charltbes In En8land and Wales requires the trustees to prepare financial ststements for each financlal year whlch 8lve a true and fair view of the state of affairs of the the trust and of the Incomln8 resources and appllcation of resources of the the trust for that year. In preparlng these financial statements, the trustees are requlred to: select sultable accountln8 pollcles and then apply them ¢onslstently' - observe the methods and prlnclples In the Charltles SORP; make Judgements and estlmates that are reasonable and prudent. - state whether appllcable accountln8 Standards have been followed, subject to any materlal departures dlsclosed and explalned In the financlal statements; and prepare the financS3l statements on the golng concern basls unless It Is Inapproprlate to presume that the charlty wlll contlnue In operation. The trustees are responslble for keeplng sufficlent accountbn8 records that dlsclose wlth reasonable accuracy at any tSme the flnanclal posltlon of the the trust and enable them to ensure that the financlal statements comply wlth the Charltles Act 2011, the Charlty (Accounts and Reports) Re8ulat5ons 21)08 and the provlsSons of the trust deed. They are also responslble for safe8uardln8 the assets of the the trust and hence for taklng rffisonable steps for the preventlon and detectlon of fraud and other Irregularlties. GOLF GREEN HALL TRUST INDEPENDEKf EXAMINER'S REPORT TO THE TRusfEES OF GOLF GREEN HALL TRUST Independent examlner's statement I have completed my examination. I confirm that no material matters have come to my attention In cmnection wlth the examlnation giving me cause to belleve that In any materlal respect,. accounting records were not kept in respect of the charfty as requlred by 5eL-tlon 130 of the Act; c* the financlal statements do not accord wlth those records; or the finan¢ial statements do not comply wlth the appllcable requlrements concernlng the form and content of accounts set out In the Charbtles (Accounts and Reports) Re8ulatkons 2008 other than any requirenEnt that the accounts 8lve a 'true and falr, vlew whlch Is not a matter consldered as part of an Independent examlnatlon. I have no concerns and have come across no other matters In connectlon wlth the examlnatSon to whlth attentlon should be drawn In th55 report In order to enable a proper understandln8 of the accounts to be reached. A D Brown Independent Examlner TC Group 92 Statlon Road Clacton on Sea Essex COIS ISG 20 August 2024 GOLF GREEN HALL TRusr srATEMENT OF FINANCIAL AcllviTIE5 INCLUDING INCOME AND EXPENDITURE AccouKr FOR ThIE YEAR ENDED 31 MARCH 2024 Unrestrlcted funds 2024 Totsl 2023 Notes Donatlons and legacies Other tradlng actlvities Investments Other income 1,724 27,538 56 427 2,731 27,417 li I,IY17 Total Income 29,745 31,206 Charltable actlvltbes 32,763 31,443 Net expendlture for the yearl Net movement In funds 13,018} 1237) Fund balances at l Aprll 2023 47,094 47,331 Fund balances at 31 March 2024 44,076 47,094 The statement of flnandal actlvlties Includes all 8alns and losses reco8nlsed In the year. All Income and expendlture derlve from ¢ontlnuln8 artSvities. GOLF GREEN HALI TRUST BALANCE SHEET ASAT31 MARCH 2024 2024 2023 Notes Flxed assets Tangible assets io 22,750 24,759 Current assets Debtors Cash at bank and In hand li 2,872 19,102 2,789 20,196 21,974 22,985 Credltors: amounts fallln8 due wlthln one year 12 {6481 (650) Net current assets 21,326 22,335 Total assets less current Ilabllltle$ 44,076 47,094 Income funds Unrestrlcted funds 44,076 47,094 44,076 47,094 The financlal statements were approved by the Trustees on 20 August 2024 Mrs S Hobbs Chalrperson rJOLF GREEN HALL TRusr NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountln8 pollcles Charlty Informatlon Golf Green Hall Trust Is a publlc beneflt entity and a registered charlty In England and Wales and Is unincorporated. The address of the prlnclpal office is Golf Green Road, Jaywlck, Clacton on Sea, Essex, C015 2RG. 1.1 Accountln8 conventlon The financlal statements have been prepared In accordance wlth the the Charltles Act 2011 and "Ac(ouniln8 and Reportin8 by Charities., Statement of Recommended Practice. The the trust has taken advanta8e of the provlslons In the SORP for charlties applylng not to prekTrre a Statement of Cash Flows. The financlal ststements are prepared In sterllng, whlch Is the functlonal currency of the the trust. Monetary amounts In these linanclal statements are rounded to the nearest £. The financlal statements have been prepared under the hlstorlcal cost convention. The prlnclpal accountlng pollcles adopted are set out below. 1.2 Golns concern At the tlme of approvln8 the flnanclal statements, the trustees have a reasonable expectatlon that the the trust has adequate resources to conJnue In operatlonal exlstence for the foreseeable future. Thus the trustees contlnue to adopt the 8oln8 concern basls of accountlng In preparlng the financlal statements, 1.3 Charltable funds Unrestrlcted funds are avallable for use at the dlscretlon of the trustees In furtherance of thelr charltable objectlves unless the funds have been deslgnated for other purposes. Restrlrted funds are subject to speclflc condltlons by donors as to how they may be used. The purposes and uses of the restrlcted funds are set out In the notes to the financlal statements. Endowment funds are subject to spe¢lfic conditlons by donors that the capltal must be malntalned by the the trust. 1.4 Incomln8 resources Income Is recognlsed when the the trust Is legally entltled to It after any performance condltions have been met, the amounts can be measured rellably, and it Is probable that Income wlll be recelved. Cash donatlons are recognlsed on receipt. Other donailon5 are reco8nised once the the trust has been notified of the donation. unless performance conditions require deferral of the amount. Income tax recoverable In relatlon to donations recelved under Gift Aid or deeds of covenant is recognised at the time of the donatlon. Legacies are recognised on receipt or otherwise If the the trust has been notified of an Impendlng distrlbution, the amount Is known, and recelpt Is expected. If the amount is not known, the legacy s treated as a contingent asset. GOLF GREEN HALL TRUST NOTES TO THE FINANCIAL STATEMENTS (coNfiNUEDI FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollctes (Contlnued) 1.5 Resources expended Expenditure is reco8nlsed on an accruals ba515 a5 a liability is Incurred. Expenditure Includes ary VAT whlch cannot be fully recovered, and is classlfied under headings of the statement of financlal activities to whlch it relates. Expendlture on charltable actlvltles Includes all costs Incurred by a charlty In undertaklng *lvlties that further Its charltable alms for the benefit of its beneficlaries, including those support costs and costs relating to the governance of the charity apporthoned to charltable activlties. 1.6 Tan8lble fixed assets Tan8lble fixed assets are Initlally measured at cost and subsequently measured at cost or val￿tIon, net of depreclatlon and any Impalrment losses. DepreclatSon Is recognlsed so as to wrlte off the cost or valuation of assets less thelr resldual values over thelr useful Ilves on the followln8 bases: Freehold land and bulldln85 Flxtures and fittings No char8e IO% reducln8 balance The galn or loss arlslng on the dlsposal of an asset Is determlned as the dlfference between the sale proceeds and the carrylng value of the asset, and Is recognlsed In net Incomellexpendlture) for the year. 1.7 Cash and cash equlvalents Cash and cash equlvalents Include cash In hand, deposlts held at call wlth banks, other shor&term Ihquld Investments wlth orlglnal maturltles of three months or less, and bank overdrafts. Bank overdrafts are shown wlthln borrowln8s In current Ilabllldes. Crltlcal accountln8 estlmates and Judgements In the application of the the trust's accountln8 pollcles, the trustees are requlred to make Jud8anents, estlmates and assumptlons about the carryln8 amount of assets and Ilablllttes that are not readlly apparent from other sources. The estimates and assoclated assumpttons are based on hlstorlcal experlence and other factors that are consldered to be relevant. Actual results may differ from these estimates. The estlmates and underlylng assumptions are reviewed on an on8olng basls. Revisions to accounting estlmates are recognlsed in the period In which the estimate Is revlsed where the revision affects C￿1¥ that perlod, or in the period of the revlslon and future perlods where the revision affects both current and future perlods. GOLF GREEN HALL TRusr NOTES TO THE FINANCIAL sfATEMEKfs ICONTINUED) FOR ThIE YEAR ENDED 31 MARCH2024 Donatlons and le8acles Unrestrlcted funds Total 2024 2023 Donatlons and 81fts Le8a¢les receSvable 332 1,392 1,159 1,572 1,724 2,731 Other tradln8 acilvltles Unrestrlcted funds Total 2024 2023 Fundralsln8 event5 27,538 27,417 Invostments Unrestrlcted funds Total 2024 2023 Interest recelvable 56 li 10- GOLF GREEN HALL TRUST NOTES TO THE FINANCIAL STATEMENTS qCONTINUED} FOR THE YEAR ENDED 31 MARCH 2024 Other Inwme Unrestrlcted funds Total 2024 2023 Other Income Rent rebate 427 297 750 427 1,047 Chorltable acthiltles Total 2024 Total 2023 Depreclatbon and Impalrment Rent Rates and water Ll8ht and heat Repalrs and malntenance Insurance Cleanln8 Motor and travel expenses Prlntln81 Postage and ststlonery Accountancy Telephone Sundry expenses Wages and salarles Purchases 2,009 3,350 695 3,967 12,351 948 3,185 980 302 628 1,525 683 2,233 3,175 757 4,449 7,653 909 1,146 980 331 512 1,294 516 5,281 2,207 2,140 32,763 31,443 32,763 31,443 Trustees None of the trustees {or any persons connected wlth them) re￿IVed any remuneratlon or benefits fron the the trust durin8 the year. 11 GOLF GREEN HALL TRUST NOTES TO THE FINANCIAL sfATEMEMfs ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Employees No employee received employee benefits durin8 the year {2023: none). 10 Tan8lble Ilxed assets Fr*•1￿1￿ l•nd FIm￿r+S1￿d and bull(Nrys Iitti Cost At l April 2023 4,665 58,492 63,157 At 31 March 2024 4,665 58,492 63,157 Depreclatlon and Impalrment At l Aprll 2023 Depreclatlon charged In the year 38,398 2,009 38,398 2,(X)9 At 31 Marth 2024 40,407 40,407 Carrylng amount At 31 March 2024 4,665 18,085 22,750 At 31 March 2023 4,665 20,094 24,759 11 Debtors 2024 2023 Amounts falllng due wlthln one year: Prepayments and accrued Income 2,872 2,789 12 Credltors: amounts falllng due wlthln one ￿ar 2024 2023 Accruals and deferred Income 648 650 12-