Charlty r•gi$trallon number SC013764 Iseolland) HEITON VILLAGE HALL ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 HEITON VILLAGE HALL LEGAL AND ADMINISTRATIVE INFORMATION Currènt honorary offi¢ial•nrustees Mr. K. Redpath Mr. G. Little MT. J. Lituewood Mr. 8.D. Leès Mr. J. Roell (Resigned 16 February 20241 (Appointed g September 20241 Management commlttee members Mrs. C. Brown (Chair and S&¢r¢tsryi Mr. B. Fairbaim Mr. J. Fuk8 Mr. C. MeKain Mrs. 8. Wrtght Mrs. J. Fuke Mrs. A. Spooner Mrs. K. MacFarfan Mr. D. Brown Mr. A. Thompson Mr. B. Rae (Retired 7 November 20231 {Appoinled 1 July 20241 (R'etired 27 April 20241 Charlty number Iscotlandl SC013764 Princlpal address Helton Village Hall Main Strèèt Hoiton Kelso TD5 8JR Indep•ndent examiner R05eanne Bennett FCA 17 Walker9ate Chartered Accountants & Statutory Audstors Berwi¢k-upon-Tw6ed Northumbèrfand TD15 1DJ Bankers TS8 103 Channèl Stmt Galashials TD1 1BL HEITON VILLAGE HALL CONTENTS Page Tw51ees report IndèFendent exarnin8rfs rèpwards it. Our thanks go to CBAH for their support. Our Hall rec01￿d a beaulrful framed piece of 18rtan from 'Borders Togeth*, a group of people across the Borders who created this os a COVID Memorwl. It takes the ft)rm of a new tartan. woven for display in community spaces acro55 the Borders. 11 honou15 tha people we have lost, marks what has been lost and changèd in ou¥ lives and preserves tr)e best of what we have learnèd and created together during the COVID pandÈmie. We were delighted to accept this for display in our Hall. Our quiz nights We￿ fewer this year than before, duè to other eommitsnents within our Management Committee. People do this volunlafily and wé cannot expect everyone to be avai18ble every timè. so wè do thèse when we ean. Our meetings are well attendèd so communications are strong. Therefcxe, we hope to ensurè fttbjre events will go ahead more rèadily in the coming years. We also had thè young musiaans from Feis Rois p8rfom this summer, a notable and well attended annual event. We work wlh thèse talented young people to ensure 8 go(xl avèning, but felt it necessary lo highlight the fact that Heilon Village Hall does not chargé ticket fèes for Ihis event, nor do we charge for Hall hire. 11 is actLtally run and pronY)ted by the organisation themselves. The musicians set the ticket prices and keep all rnnies raised by that. Other venues in the Borders host them for free, giwng a rnisrÈprèsèntab"on that Helton was capitalising on this, so we were keen to sel thè T9￿rd straight. We look foTrvard tr> h05ting them again next year. HEITON VILLAGE HALL TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Our gratitude also goès to loral businesses vtho SLtpport sorne of our events by donating 50rne incredible Taffle prizes, in particular the Schloss Roxburghe Hotel, FI￿r$ Castle and Bom in Scotland Brewery. These organisations usually give for our annual Hogmanay evening, which is our biggest fiJndrais¢r. and affectionately nicknamed "Heitonanay" fabulous ttmè for our community to get together. In respect to Helton gnd Roxburgh Community Counul, we have excellent ¢ommunicabons. This hard working group keep us informed of everything we need to know aboijl, and have reaehtrd out to us in the hope of having a Hélton residènt joirtr them, but to no avail. We do ty to recruit for them in our newsletter etc, so hopefully somèonè in the village W711 take up thi5 offer soon. They do a great job, and were instrumèntal in bringing the new play park to our vi118ge. 11 is very much an Impr0￿Ment on the old one, and already woving popular with our residents and visitor5 too. Finally, thanks also to ¢ur aco)untants, Greavè5 W85t & Ayre for their help in keeping us rightl Here's to the next year al Helton Villag8 Hall. fun and stability. Flnanclal revlèw Tolal income for tho ygar at £7,919 15 bebw Ihat of lasl year12023.' £9,719> and reflects the reduction in the numbèr of fvndraising events trTrat were held this year. Expendi(ure at £15,961 12023.. £16,457) C£￿SIsts of those costs which are effe¢tively fixed and are incu￿ed irrespectnie of the Charitys aclivrties. consisting principally of amortisation and depreciation of fixed assets. insuf8nce, healir¢g. professional charges and maintenance., the latter being maintained in the interest of heatth and safety of the Hall. The consequential ¢Jefiat for the year of £8,042 12023.. £6,738 defKf(I will be sot against rèsèTVeS brought forward. Nohmthstanding the dgfidl, the Trustees and Manogèment Committee consider the financial positnn ol the Charity to bs satssfactory. That said. the Tiuslee5 and Management Commlttee do recognise that income is stsmetimes not suffiaent to fully eover amortiS8tion and depreciatron arising on those assets funded by Spe￿[IC grants received in prior years. Mlhough th15 does not adversely impact on the operatlOll81 cap8¢ity of the Hall. t17is means that funds are not being generated 81 a rate ttr cover the repla¢*mant of a51 the assets over their esb"mated usefvl life. entirely from our own fund5. We therefore note that we may require assistancÈ from grant fvnding for any furttrw improvements or we 8ndèavour tg increase and M￿miSe all fundraising opportunities when they materialisé. Reserves and fund$ pollcy The ¢J&ficit for the year of £6,507 12023- £6.931 defiLytl on restrietad funds, being moslly the amortisation and depreciation of assets fvnded by specific grants and donations recaivtrd in prgvious years. has been addèd lo the restricied funds brought forward. against which fvlure amortisation and depreciation on relevant assets will be eharged. The d6fiut foi the year of £1.53512023.' £193 surplus) on Unrestr￿￿￿ funds has been added to unrastr.cled fund5 brought forward and earnéd ftsmard. The Charity aims to hokl free reserves in unrestricted ftsnds equ¢valent to our annual Tunr5ing costs. for cash flow purpose5 and o)ntingenci8s. In addition. we aim to have designated reserves in our unrÈstricled funds to meet our longer-term responsibilities in respect ol m8intenan¢e of Ihe shared acetrss roadway and lo save for a future rwf replacement. Currerfy general Un￿Stricted funds arè considered to meet with thès• oble¢tives. Pub15c beneflt In rrjnwdering the operation. ¥chievernents, performanee and finances of the Charity, the Trustees are satisfied that wblic benefit has been provided in accordancé with the Charities and Trustee Invèslmenl (Scotlandl Act 2005 and guidance prov¢ded by the Office of the Scottish Chanty Regulator. Risk management Tha Trustees have examined thè m8lor risks lo which the Charity is èxptssed and are establishing systems to miligale those risks. The Charity has insurance cover against a rangé of risks appropriate lo the act￿vI￿*S of the Hall. The level of Insuran￿ cover. which Is ¢onsidered adequate, is reviewed on an 8nnual basis. HEITON VILLAGE HALL TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 stru¢turei governance and management Heilon Village Hall (the Charity) 1$ govgrn$d by a Deed of Twst dated 16 May 1952. It is a recogni5ed $￿ttISh Chtrity, No. SC013764. The gentrrol managemenl and control of the Charity. subjocts and the arraroemenls for their use is vested in a Management Committee whos6 number should not exceed eight. This number may be increased if local organisations, th consistent aim5 of a social ￿CreatiOnal or educational character, wish to appoint additional members lo the Manag$ment Committee. Two member5 sh811 rettrè èach year at the AGM and shall not be eligible for re*leclior% for one ye8r. The Trustees shall have powers lo fill vacancies during the year as deemed necessary and 5h811 elect from their number a Trustèè to acl as Chairperson, as Secretary and as Trèasurar. The Twslees shall be ex officio members of the Committee. Nèw Trustees are given a copy of the Trust Deed. the latest report and accounts of the Charty. Subject to their expertise. they are also givèn pamphlets issued by the Office of the Swttish Chanty Regulator explaining their duties as Trustèes of Charities and offered training in any arèa ol their duties which they think they would like strengthening. The Tru51ees wlK> seNed during Ihe year and up lo the dat8 of signaturè of the finanaal statements were.. Mr. K. Redpath Mr. G. Liitle Mr. J. Litdewood Mr. B.D. L Mr. J. Roell (Resigned 28 August 20231 (Appointed 9 September 2024) Management eommlttee members Mrs C. Brown Ichairl Mr. B. Fairbaim (Treasurer) Mr. J. Fuke Mr. C. KcKain Mfs. B. WrBht Mrs. J. Fuke Mts. A. Spooner Mrs. K. MacFarfane Mr. D. Brown Mr. A. Th¢Jmpson Mr8. Raè (Retired 7 November 20231 IAppoint8d 1 Juty 20241 IRètired 27 April 20241 HEITON VILLAGE HALL TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Statement of Trustees responslbilitles The Trustees are responsible for preparing the Truslees Report and the aceoLtnts in acLY)rdance wrth applicable law and Unite(4 Kingdom Accounting Standards (United ￿ngdoM Gènerally Acc4pted Aceounting Practice). The law applicable to ¢harilie5 in Scotland requirtr5 the Trustees to prepare accounts for each financial year which give true and laK view of the stale of affairs of the Charity and of the incoming resources and applicatson of resources ol Ihe Charity for that year. In preparing these accounts. the Trustees are requiThd to". - select suitable accounting policies and then appty them consistently., - observè thè methods and prinap￿S in the Chariti'es SORP,. - mskè judgements antt esb"males that are reasonable and prudent; state whether applieable a￿ountIng standards lave been followed, subjeel to any material departur¢s dlsdosed and explained in thè a(xounls,' and prepare Ihe acccwnts on thè going concem basis Ijn￿$ it ts inappropriate to presumè that the Charity will continu4 in oparab"on. 7he Trustees are responsiblè for keeping sufficient ècceunts.ng records that disclose with reasonable accuracy at any time the financial PDsilion Df the Charity and enable them to ensure Ihat th* accounts comply with thè Charrties and Trustee Investment IScol8ndl Act 2005, th• Charities Accounts Iscotlandl Regulatsons 2006 las amendèd) and the provisions ol t+)e trust deed. They are also responsible for safeguarding the assets of the Cl)aiity and hence for takin9 reasonable steps for the prevention and d8tection of fraud and other irrègula¥ilie5. Independent examlner Mrs R. M. Bennett FCA, a partner in Greaves Wesl and Ayre. has been appointed Independent Examiner of the Charity. This report was approved by Ihe Management Committee and T¥ust88S and signed on Iheir r)ehaW by ICh4ir a Dated-. HEITON VILLAGE HALL INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HEITON VILLAGE HALL I rèwrt on the finand81 ststaments of the Charity for the year endèd 30 S$plember 2024. which are sel out on pagès 6 to 18. Respectlve re5ponslbllltles of Trustees and examlner The Charit￿S Trustèes are responsible for the preparation of the financial statements in accordance with the terms of the Charitie5 and Trustee Investment {S￿lIand) Act 2005 ènd the Charities Accounts Iscollandl Regulations 2006. The Charity Trusle8s consider that the audit requirement of Régulation 10{1XaFlcl of the Charities Accounts Isixjttandl Regulats"ons 2006 doès not apply. 11 is my responsibility to examine the f nandal statements as requiied under secb.on 44111{el of thè Charitias and Trustee Investment Iseodandl Act 2005 and lo stale wh8tr8r particular matters have come to my attention. Basls ot Independent examlner's ststement My examination was carrityd out it) accordance wf(h Regulation 11 of the Charthes Accounts (Scotlandl Regulations 2006. An examination includes a review of thè accounting records kept by Ihe Charity and a c<)mparison of the accounts presénted wth th05e records_ It also ineludes consideration of any unusual items or disclosures in the aceounts, and Seeks explanations trom the Trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in 8n audit, and consequently I do not express an audit opinion on the Vk¥W given by the accounts. Independent ¢xamlnerfs statement In the course of my examination. no mattèr has come to my attention l. which gives me reasonable cause lo believe that in any material iespect the requirements." to keep aceounting records in awOrdanc￿ with Sectitin 4411)lal of the charib.es and Tru51ee Invèstmènt (Scollandl Act 2005 and Regulation 4 of the Charities Ac¢ounts {Scotlandl Regulations 2006, and to prepare finan¢¢al stalements which accord tho accounting r8eords and comply with RegUla￿.￿n 8 of the Charits'es Accounts Iscotlandl Regulats'ons 2006 have nol been mel, or 2. to whith. in my opinion, attention should be drawn in order to enable a proper understanding of th* financkal ststements to be r8a¢hed. Roseanne Bennett FCA 17 Walkergate BÈrwick-upon-Tweed Ntsrthumberfand TD15 10J Date.. HEITON VILLAGE HALL STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2024 Current financial year Unrestriet•d Re$tri¢ted funds funds 2024 2024 Tgt41 Unrestricted Restrleted funds funds 2023 2023 Total 2024 2023 Notes Donations and legades Income from charitable a¢tivities 1.317 soo 1,817 1,460 1.460 6.102 6.102 8.259 8,259 Total int¢me 7,419 500 7,919 9.719 9.719 Ex nditure on: Raising funds 906 1,812 1.812 Charltsble activities 8.048 7,007 15,055 7.714 6.931 14,645 Total resources expendèd 6,954 7.W7 15,961 9,528 6,931 16,457 Net exptrnditure for the yearl Net movement In fund$ 11,5351 {6.5071 18,0421 193 16,931} 18,7381 Fund balanc8S at 1 Oetober 2023 108.162 232,238 340.400 107,969 239,169 347,138 Fund balances at 30 September 2024 106,627 225,731 332.358 108,162 232.238 340,400 The statement of financial actiwties includes all gains and losses rewnised in the year. All income and expenditure deTNe from continuing acts.￿1ties. HEITON VILLAGE HALL STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2024 Prlor financlal year Unrestricted Restrided funds funds 2023 2023 Totsl 2023 Notè$ Income f Donations and legac¢tis Inwme from cha¥¢table 8clivilie5 1,460 8,259 1,460 8.259 Total Income 9,719 9.719 Ex enditu Ratsing lunds 1.812 1,812 Charitable a¢tivitias 7.714 6,931 14,645 Total resources expended g.526 6,931 16,457 Net expenditure for the yearl Net movement in funds 193 16,9311 16,7381 Fund b¥lancas at 1 October 2022 107,969 239,169 347.138 Fund balan¢¢$ at 30 September 2023 108,162 232.238 340,400 The statement of financial actiwlies includes all gatns and losses reccgnised in the year All income ar expenditure derwe from contsnuing acb"vilies. HEITON VILLAGE HALL BALANCE SHEET ASAT30 SEPTEMBER 2024 2024 2023 Notes Flxed assets Tangible assets 11 278,653 287.322 Current assets Slocks Debtors Cash at bank and In hand 12 13 120 527 53,108 100 469 52,509 53.755 53.078 Creditors: amount5 falling due withln one year 14 {501 Net current assets 53,705 53,078 Total assets less current liabilities 332,3S8 340,400 In¢¢m* fun(ts Restricied fijnds UnrestrLted funds- general 15 225,731 106,627 232,238 108,162 332.358 340.400 011. 02_ 2d2S The aceounts were approved by the Trustèes on .................. . (vwkiiove M￿. K. MacFartane Is_ Brown (Chair a_ryd Secretary) HEITON VILLAGE HALL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Accountlng pollcies Charlty Inlormatlon Heilon VillagÈ Hall (the Charity) is an unincorpDraled charity, estsb1I5h8d by a Trust Daed dated 16 May 1952 a¢)d registered wlh the Office of tho Scottish Charity Regulator IOSCRI, number SC013764. 1.1 Accountlng convention The ac￿lJmtS have been prepared in attordancè wlth the Charivs goveming document, the Charitt'es and Trusteè Investmenl IScoNandl Act 2005, the charib.ès Accounts (Scotlandl Regulations 2006 las amendedl and "Accountsng and Rèporting by Charities.. Slalement of Recommendèd Praetie& applicable to charities prepanng thèir artounts in accordance the Financial Reporting Stsndard applicable in thè UK and Republic of Ireland IFRS 1021" leffectiva 1 January 20191. The Charity Is a Public Benefit Enfyly as defined by FRS 102. The Charity has taken advantage of the prowsKons in thè SORP for charities applyin9 FRS 102 Update ulletin I not b prepare a Statement of Cash Flows. Tha financial statemen15 are prepared in steding, which is the fundional currency of the Ch8¥ity. Monetary amounts in these financial statements are rounrted lo the nèarest £. The accounts have been prèpaTed under the historical CA)sl convenb'on, modtfied to in¢lude thg revaluab.on of certain financial Instwmonts Bt fair value. The principal acc4)unting poI￿leS adopl¢d ar¥ sot out below. 1.2 Going ¢oncÈrn Al the brn8 of approving the financial statements, the Trustee5 have a reasonable expectation Ihal the Charity h85 adequate res0￿rceS to continue In operats.onal oxistenee for the foreseeable fut¢Jre. Thus the TrL¢Stees continue lo adopt the going eoneern basis of accounting in preparing the financial statèments. 1.3 Charitablè fvnds Unresthcted general funds represent the free funds tsl the Charity. tc* be used at the Trustees, discretion in furtherance of Ihe chariiable objective5 Qf the Charity and which have not been designated for other purposes. Re5tri¢ted lunds are funds which are to be used in a¢¢ordanc& vdth specific restrictions imposed by the donors or which have been raisèd by the Charity for particular purposes. Costs of raising and administering such fund5 are eharged agamst the sPe￿fiC fund. The purpose of e8th restricted fund is set out in thè notes to th8 financial slatemenl5. 1.4 Ineoming resc•ur¢es Income is recognised whèn the Charty is legally entitled lo it after any performancè condllions have been rnel, the amounts can be measuied reliably, 8nd it is probable thal income wll be received. Cash donations are recognised on reeeipt. Other donations are recognised once the Chaisty has been nobfied ofthe donalion. ￿n￿$S perfomiance conditions require dtrftrrral ot thé omount. Dona*'ons in kind of seryices provided are indu¢Jèd at the value to the Charity. where this can be quantified. Grants receivable are credited to Ihe Statement of Financial Activities vthen th8 Charity is enlilled to receive them. HEITON VILLAGE HALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Accountlttg poli¢ie$ Icontlnuedl 1.5 Resources expended All expenditure is accounted for on an accru81s basis and has been incltjded in expense categories that aggregate all costs for allocation lo aclivilies. Where costs cannot be directly attributabla to particular aclivits'es they have been allocated on 8 basis consistent wilh the use ol the resources. Expenditure on charttable activities comprise the w5ts incurred by the Charrty in working to meet ils charitsble obj'ectives. Govemanee costs 4re those costs incurred in pmidirrfJ the governance Infrastiucture which allows the Charity to operate and eomplywilh constitutional ar￿ statutory requirements. 1.6 Tangible fixed assels Tangible fixed assets are stated at cost less depreciation wth the exception of land and buildings, which is included at an initial carrying cost equal to ts current value. Property Hall Improvements are capilalised at C05t. Deprèaabon is provided at Yales calculat8d lo write off Ihe cost of fixed assgts, less Iheii estimated residual value, over their expected uS￿ul Ilves on the follo￿￿n9 basis:_ Prop•rty at valuation Property Hall improvements Equipment & fitts.ngs 2% Straight line 2% Straight line 10% Straight line Depreciation relating to assèts acquired in whole or in part wth funds re51llcled to and specifically provided for Ihal purptsse are charged against the appropriatè fund. Individual items of equipment and furnishings eosting more Ihan £500 are capitalLsed. Smaller items. un￿S of a specific Capital nature are written off as u)curred. The gain or 1955 arising on the disposal of 8s5el is determined as the diffèren¢x behyeea the sale pr¢xgeds and the carrying valu& of the a55et. and is recognised in nat irbeumellexpenditurel for the year. 1.7 Impalrm•nt Off￿ed assets At each reporting end date, the Charity reviews thé carwng amounts of its tan9ible assets to determine whether thére is any indicatron that those 8ssels have suffered an impaiment Ios5. If any such indicah'on exists, Iha rèc¢verable amunt of the asset Is eslimaled in Order lo detemine Ihe extent of the inpairment loss lif any). 1.8 Stocks Stock is valued al thè lower of cost and net realisable value. 1.9 Cash and cash equivalent$ Cash and cash equivalents include cash in hand, deposits held at call wilh banks, ot￿r short-temi liquid investments with original malurithes of three monlhs or18ss. and bank overdrafts. Bank ovèrdraft5 are showi within borrowings in current liabilib'es. 10 HEITON VILLAGE HALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Accountlng policies Icontinuedl 1.10 Financlal Instruments The Charity tta5 elected to apply the provisions of Section 11 'Basic Financial Inslrumenls, and Se¢ts"on 12 'othèr Finanaal Instnjmenls Issues, ol FRS 102 to all of its financial instDJments. Financi81 instwmènts are reeognised in the Charity's balan￿ sheet when the Charity b8¢omès party to the contractual provisions of th6 instrumenL Financial assets and liabllll(es 8re offseL with the net amounts presented in the finanrial statements, when there is a lègally enforceable righl lo sel off the ¥ewgnised amounts and there is an intention to settle on rsel ba515 or to realise the asset and Sett￿ the118bility simultènèously. 84slc flnancial as$¢ts Basic finan¢i81 assets, which include debtors and cash and bank balances, are initially measured at transaction price induding transaction costs and are subsequently carried al arnortlsed Cost using the effective interest method unless the arrangement conslitutes a finanang transaction, where the transaction 15 measurèd at the present value of the future receipts diseounted at a market rate ol interest. Financial assets la55thèd as receivable wlhin one year are not amtsrtised. Basle ffnanclal Ilabili¢i•$ Basic financial liabililies, including creditors and bank loans are initsally recognisgd 81 transa¢lion price unle55 the arrangernenl constitutes a financing transaction, where the debt instrument Is m8asiJred 8t the preser¥t value of the future payments discounted at a martet rate ol interest. Financtal liakn'lities das5ified as payable within one year are not amortised. Debt instruments are subsequentty carried al amortised ¢ost. u$lng the effecbve interest rat8 mèthod. Trade creditors are obligations to pay for goods or services that have been 8cquir8d in the ordinary course of operations from $upplièrs. Amounts payable are classified a5 current liabilities if payrnent is due thin onè year or less. 11 not, they are presented a5 non-currènt liabilities. Trade uedilors afe recognised initially at l¥ansaction price and subsequently m¢awred at amortised cost using the effective Interest method. Dorncognition of financial liabillti•s Financial Iiabilib"8s ar8 dèrecognisad when the Charity's contractual oblig8tions expirè or #rè discharg￿ or cancelled. 1.11 Investment income Investment incorn8 wmprises intèr8st rèc8tvable in Ihe accounting period on bank deposits. Cfltical accoun￿ng èstlmates and ludgements In tre application of Ihe Charity's accounting policies, the Trustees are required to make judgements. èstimates and assumptions about the Carrying amounl of assets and liabilities that are not readily app3r8nt from othèr souices. The eslimales and a$50ryated assumptions are based on histcsrical expertence and other factors that are considered to be relevant_ Actual rèsults may diffèr from these estimates. The esth"matÈs and undertyitlg assumptrons are revEwed on an ongoing basis. Revtsions to aceounting estimates are recognised in the period In which the estimate is revised where the revision affects only Ihat period, or in the period of the revision and future periods where the revision affects both Current and fvture periods. 11 HEITON VILLAGE HALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Donations and legacles Unrestri¢ted Restricted funds fund$ general Total 2024 Total 2023 Donations and gifts Donated seryices Other support grants 17 1,300 17 1,3CKI 500 25 1,300 135 1,317 1,817 1,460 For the year ended 30 Sèpternber 2023 1,460 1,460 Donated Servlees Indepèndent examination Accountancy 650 650 650 650 650 fjso 1,300 1.300 1.300 Income from ch8rStablè aetlvltles Mall lets Bank Interest Fundraising 2024 2024 2024 Total 2024 Total 2Q23 Income within ch8rrtable activitie5 2,118 718 3.266 6.102 8,259 Raising funds 2024 2023 Costs of generatirKJ bJnds Fundraising costs 906 1,812 12- HEITON VILLAGE HALL NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Charltable actlvltles Unrestricted Re¥trfcted Restrleted General Blg Lotterycapilal Fund Fund Fund Totsl 2024 Total 2023 2024 2024 2024 Depreaation and impairment Insurance Heat and light Propety repairs 8nd maintenance Postage and slaknonery Commvnily expenses 1,738 1,211 1.370 2,090 136 15 4,724 2,207 8,669 1,211 1,370 2,090 136 8.669 1,019 1.146 2,234 277 6.S60 4,724 2,207 13.491 13.345 Share of governance costs (see note 71 1,564 1,300 8.124 4.724 2,207 15,055 14,645 Analysls by fund Unrestricted funds- general Restricted funds 8,048 76 8.048 7,007 7,714 6,931 4,724 2.207 8.124 4,724 2,207 15,055 14.645 For the year ended 30 September 2023 Unrestricted funds- general R$stn"ctèd fvnds 7,714 7.714 8,931 4,724 2,207 7.714 4.724 2.207 14,645 Support eosts Governanet cosls 2024 Govemance costs 2023 Legal and profassional Irmleptrndent examination fees Aecountancy 264 650 650 6SO 650 650 6SO 650 650 1,564 1,564 1,300 1,300 Analysed be￿leen Charitable a¢tsvits'es 1,564 1,564 1,300 1,300 Govèmancè u)sls includè an intangible donation of £1,3CKJ12023." £1,3rx)I fn the fom of sèrvicès provided by Gieaves West & Ayre for aeeountancy and independent examination strrvios. 13- HEITON VILLAGE HALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Trustees None of th8 Trustees or Management Committee lor any persons connected with them) received any remuneration during the year12023'. Nonel. Expenses of £Nil werg reimbursed during the year to Trustees or Managernent Comrnittee Members12023.' £Nill. Employee$ There were no empjoyees during the year. 10 Taxalion The charity is exempl from taxation on its activitles because all its income is opptisd for charitsble purposes. 11 Tanglble fixed assèts Property at Equipment & Property Hall valvation fittinos Improvements Totsl Cost Al 1 October 2023 85.000 10,250 348,889 444,139 At 30 Septernber 2024 85,000 10,250 348.889 444,739 Depreclation and impaimient At 1 October 2023 Dapreci81ion charged in th8 year 30,eoo 1,700 10,250 115,987 6,969 156.817 8.669 AI 30 September 2024 32,300 10.250 122.936 165,486 Cattylng amount At 30 Septembèr 2024 52.70CI 225,953 278,853 At 30 S*ptèmber 2023 54.400 232,922 287.322 12 Stock 2024 2023 Raw materials and Consumables 120 100 13 Debto 2024 2023 Amounts falllng dLse wlthin one year: Trade debtors Prepayments and accrued income 99 428 114 355 527 469 14- HEITON VILLAGE HALL NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 14 Credltors: •mounts falllng due wlthin one year 2024 2023 Payments received on aeeount 50 15 Restrtcted funds The Ineome *Jnds ol the Charity include Te51ricled ft]nds comprising the folkjwing unexpended balance5 of donab'ons and gTrnls held on tru$t for specific PLtrposes'. At 1 October 2023 ncoming resources Resources At30 expended September 2024 Big Lottery Fund Capital Expanditure Fund Charity Begins at Home Fund 157,797 74,441 (4,7241 12,2071 1761 153.073 72.234 424 500 232,238 soo 17,0071 22S.731 Prevlous year: At 1 October 2022 Incoming resources Resou￿e$ At30 expended September 2023 Big Lottery Fund Capital Expendibjre Fund 162.521 76.848 14,7241 12,2071 157,797 74,441 239,169 16,9311 232,238 Big Lottery Fund The grant reeeived from Ihe Big Lottery Fund was specifi¢ally for thè purpose of building improvements and refurbishing of Ihtr Village Hall and ss reduced annually by deprecialk?n Ihereon at 2% on cost Capltal Expenditure Fund Grants and donations were rec8ived 8nd raisad by thè Committee of Management specifiralty lo fund c8pit81 expenditure on the Village Hall building and to purchase new equipment and fittings. Similarly, deprecia*'on is 8lloc8t8d to bhis fjjnd to account for the proportion of tre refurbishmènt that was contributed from this fund. Charity Beglns at Home Fund The grant received from Charity Bggins at Homè was received speufically for the Charity lo purchase a storage shed as detailed in its grant applieation. To date only groundwork preparab'ons have been carrled out, with thè shed due to be purchased and erected in ￿e coming year. 1s- HEITON VILLAGE HALL NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 16 Unrtstrlcted lund$ The unrestrictèd funds of the Charity eomprise the unexpended balances ¢1 donations and grants which a not subject lo speafic eondrtion5 by donors and grantofs as lo how they may be used. At 1 October 2023 Incomlng resources .Resources At30 expend•d September 2024 General funds 108,162 7,419 18.9541 106.627 Prevlous year: At 1 October 2022 Ineomlng resources ' Resour¢e$ expended At30 September 2023 General funds 107.969 g.719 (9,5261 108,162 17 Analy61s of nèt 4$$ets betsveen funds Unrestricted Restrlcted funds funds 2024 2024 Total Tolal 2024 2023 Fund balancès ot 30 September 2024 ar¢ represented by: Tangible assets C¢JrTent Jsselsllliabilitiesl 53,988 S2,639 224.665 1.066 278,653 53.705 287,322 S3,078 106.627 225.731 332.358 340.400 Unrestrictsd Gen•ral Fund Unrestricted fvnds are available for use at Ihe discretion of tho Trust*ès and the Management Committèe In turtheran¢e of the general objectives of thg Charity. Unres¢ncted funds include a rev8lualion representing the r&statement ot the Hall property as valued al 7 October 200S of £85,000 whi¢h Is being reduced annually by depreciation at 2% on cost. 18 Related paity transadions There werè no di￿10$able relatèd paty Iran5acttons during the year (2023- Nontrl. 16.