co h¢¢t-c ntinued The charilable company is entitled to exemption from audit under Section 477 (If Ilie C.nmpanies Act 20(K* t"OT the year elided 31 January 20?5. The m¢mbers have nc)t required the company tc) tibtain an audit of its finqincial slatem¢nts for the Year Ended 31 January 20?5 in accordance with SeclioTI 476 of the Companies Act 2006. The trustecs acknom'ledge their re5FN)nsibiliti¢s for (a) ensiiring that the charilable Lompany keeps accounting records that comply with qections 386 and 387 of th¢ Companies Act 2(M)6 ad (b) preparing financial 5latements which give a in and fair vi¢w ot- the state of affairs of the Lliaritable company as at the end of each financial year and of its surplus OT deficit for each financial year in accordance with the requirements of Sections J94 and 395 and which otherwise comply with the requirements of the compr1 Act 2006 rclating to tincial stslements. so t.ar applicable to the charitable company. These financial statetn¢pts hav¢ been prepared in accordance with the speLial provisions of Part 15 of the Companies ALI 2006 relating to charimble small companies. The financial stalements were approved by the Board of Trllstees on PJwi¢ 2U26 all were signed on their behalf by: Mr P Lonton -Trustee Thc notes fortrk of these financial statements Pa8e 7
Hills oro co and Lhni Notes tot rih inanci I St. teiTI ACCOUNTING POLICIES Basis of preparing the finattcial statements 'I'he financial siatemenls ()r Il)e charitable company, which is a public beTretit entity under FRS 102. have been pr¢parcd iii dCC(Iidance with the Charities SORP (FRS 102) 'ALcnunting and Reporting by Charilies.. SiateTnent of R¢commended Pr(ILtice applicable to charities preparing their accounts in accordance M'iih the Financial Reportin¥ %tandard applicable in the 11 K and Republic of Ireland (PRS l O?) (efteLlive l January ?015)'. Financial Reporting Siandard 102 'The Financial Rcporting Standard applici1ble in the UK and Republ Ic of Ireland, and the CoTnp8nies Act 2006. The financial stat¢ments have been prepared under the historical rost ¢onvention. Income All incoTne 15 reLDgnised in the Siatemenl ()[ p inancial Activities once the chaiity has entitlement to the fiindq. it i% probable that ihe income will be received. and Ihe dnivunt can measured reliably. F.xpenditur¢ Liabilities are recognised as expendilllTe ILS Soon as ther¢ is a l¢gal or constructive obligation committing the ¢hcirity to that expenditure. it Is probable that a transfer of econom ic benefits will b¢ requii¢d in setileivieiit and ihe amount of Ihe obligation can bc measured reliably". Expendiiure is ticcounted for on an accruals basis and li&% l)een classified under headings that aggregaie all ct)%iS related to the category. Where cosTs cannot be direcil), attributed io particular headingg. Ihey have been allocated to actlVlTies on a basis consistent with the use of resource5. Tangible fixed ass¢ts Depi¢ciation is provided at the follo.in8 annual rdles in order to writc off each Set over its estimated useful life. Freeh()Id property Fixtures and fittings -40/0 on cu51 IOO/o on cosl Taxation The charity is exempt from COryK)ralion tax on its charitable activities. Fund aeonunting Unresiricied funds can be used in accordance with ihe cliaritable objeciivcs at the discretion of the truglees. Restricted funds can only bc used fur particular resirict¢d purpose% within th¢ objects of the Lharity. ResiriLliuiis arise N,hcn spccified by the donoi or when funds are raised for particular restricted PUTpo%es. Further explanation ufthe naiure and purpose ufrach fund is included in the noies to the financial statements. ACTIVITIES and VOLUNTARY INCOME 2025 2024 Book iiig fees 31,634 30,525 Page 8
ni No csTo nci for the Year F.nde lalemenES - continu an 20 IYET INCOMEI(EXPEIWDI I URE) Net iiicom¢l(exp¢nditure) is stated after ChargIn(credItI¥).' 2025 2024 Legal and professional fees DepTeLiation - owned assets 3,115 18.049 780 18.04 TRIISTEES, REMUNERATIUN AND BENEFITS There were () Irustees, remuneration or oiher benefits for the Year Ended 31 January 20?5 nor for the yeiTrr ended 31 January 20?4. Trustees, expenses There were no trust¢es' expenses paid for ihe Y¢ar End¢d 31 January 2025 noi for the year cnded 31 January 20?4. COMPARATIVES FOR THI STATEMENT OF FINANCIAL ACTIVITIES Unrestricteil fund INCUMF. AND ENDOWMENTS FROM Grant Iiicoiiie 15.199 Aciivities and vulunlary income 30,525 Total 45,724 EXPENDITURE ON C.haritllble activitie5 Suppon Costs Gnvemance and management costs 42,085 7¥0 Total 42,865 NET INCOMF.I(LXPENDITURE) 2.859 RECONCILIATION OF FU iy VS Total funds brought forward 42,490 TOTAL FUNDS CARRIED FORWAKD 45.348 Page 9
Hil Ha Niiles the Financial Stotetne rEnd inued 20? TAIYGIBLE fixED ASSETS Freehold Fixtures and propert fittings COST At l February 2024 Additions Ai 31 Jaiiuary 2025 447.974 4,456 452.430 447.974 4,456 452.430 DTr:VRECIATION Ai l February 2024 Charge for yedi 178,364 17.919 1,31K 179.664 18,049 At j l January 20?5 196,?X3 1.430 I V7,693 NET BOOKVALUE At 31 January ?025 2.54.717 ?51,6yI At 31 January 2024 269.610 3.156 272.766 DEBTORS: AMOUNTS FALLING DUE WITHIN I)NE YEAR 2Q25 2024 Trade debiL?r Prepaymen15 (Ind acctu¢d income CRF.DITORS: AMOUNTS FALLING DUE WITHIN ONF. YF.AR 2025 2024 Trade Lreditors Accruals and deferr¢d incomc 5.758 5,510 5.510 11268 11.268 CREDITORS: AMOUNTS FALLING DUE AFfEK MORE THAN ONE YEAR 2025 ?024 Other loans Accruals and deferred income ?12,690 227.889 212.690 227.889 Pagc 10
in r F.ll( iiie in fort Ye 25 10. LOANS AII analysis of ihe maturity of loans is given below: 2025 2024 Amounts falling between on¢ and two years". Other loans - 1-2 year5 Ainounts falling due between two and five years: Other loans - 2-$ year5 - MOVEMF.N'r IN FUNDS Ner movement in runds At 112124 At 3111125 Unrestricted funds General fund 45,348 8.706 54,054 TOTAL FUNDS 45.348 8.706 -54.054 Net movement in fimds. included in the above are as follows: Incoming resources Resource5 Movement in expended nds Unrcstri¢ted funds Gen¢ral fund (38,127) 8.706 TOTAL FUNDS 46,833 (38.127) 8,706 Comparatives for movement in funds Nel movement in funds At 112123 at 3111124 UnreslriLied Funds Gen¢ral tund 2.859 "I'OTAL FUNDS 2,859 45,348 Pagell
ill boru Comm ni H IIGro Noi i() Ill emen onti MOVEMENT IN FUNDS-continued Comparative net movement in funds, included in ihe above are d5 follows- Incoming resoufLVS Resources expended Movement in tund5 Unrestricted funds General fund 45.724 (42,865) 2.859 TOTAL FIINI)S (42,865) 2.859 RELATED PARTYDISCLOSURES There were Iio related party transaciions for the year ended 31 January 2025_ Page 12
Communi HallGrou Detailed StutvIiieiit of Financial Aetivitie5 for the ye.ar I"-nded i anuary 2025 2025 20?4 INCOMF. AND ENDOWMENTS CArant Income Granls 15.199 15.199 Activlties & voluntsry income Booking tees 31,634 30.-525 Total ineoming resources 46,833 45,724 LXPENDITURE SiJpp(Jrt costs Management Rates and waler Insllrance Li¥lit and heat Telephone Sundries Repairs & maintenance Lleaning Freehold property Depreciatio FixTures and filliIig8 Depreciation Bank inie.rest Loan 187 1,757 1,254 6.470 627 489 470 8,536 6.416 17,919 130 503 6,1153 17.919 130 23i 35.012 42,085 Ciovernance costs Legal & prote55iiTrnal fees Accoiinti?ni-.v fees 2.334 780 780 3.114 780 Total resources ¢xpended 38.127 42,865 Iyel (expenditsre)lin¢ome 8,706 2,859 This pa8e docs not fomi part of the statutory. financial stdtements. Pgrt* 11