REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Unaudited Financial Statements for the Year Ended 31 December 2023 |
for |
Lismore Public Hall |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Unaudited Financial Statements for the Year Ended 31 December 2023 |
for |
Lismore Public Hall |
Lismore Public Hall |
Contents of the Financial Statements |
for the Year Ended 31 December 2023 |
Page |
Report of the Trustees | 1 | to | 4 |
Statement of Financial Activities | 5 |
Balance Sheet | 6 | to | 7 |
Notes to the Financial Statements | 8 | to | 12 |
Lismore Public Hall (Registered number: SC343613) |
Report of the Trustees |
for the Year Ended 31 December 2023 |
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended 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 1 January 2019). |
Lismore Public Hall (Registered number: SC343613) |
Report of the Trustees |
for the Year Ended 31 December 2023 |
OBJECTIVES AND ACTIVITIES |
Objectives and aims |
On 30-Mar-2023 LS was elected to continue as Treasurer, RCH as Chairperson, KC as Minute |
Secretary and EW as Secretary. AS and JH will continue to serve as co-opted members of the |
committee. |
The Lismore Public Hall (LPH) held a Clothes Sell and Swap (04-Mar-2023) which |
unfortunately was not well attended. It was unclear why this was, as there had been positive |
feedback and discussion from the community before the event. |
The LPH Easter Egg Hunt (08-Apr-2023) went extremely well for its second year and was very |
well attended. This was a free community event for children and families. |
A previous committee had agreed upon screen dividers (12-Apr-2023) to be made for LPH. |
Roger Dixon-Spain attended a meeting to discuss this and it was agreed by the current |
committee that these were no longer needed. |
As part of the project My Tribe (mytribeargyll.co.uk), LPH has acquired free sanitary products |
(12-Apr-2023) from Argyll and Bute Council for anyone who requires them. Leaflets and posters |
with information about obtaining more products, if anyone needs them, can be found in the |
committee room. The Period Products (Free Provision) (Scotland) Act 2021 aims to tackle |
period poverty and provide access to free period products in Scotland. |
The LPH Committee have decided to remove the outdoor bins (12-Apr-2023) as the hall is not |
in frequent enough use to merit the collection fee. It was agreed this was an extra yearly fee the |
hall could do without. Additionally, passers-by were using the bins for dog waste in an |
inappropriate manner. The committee agreed that users would be asked to take rubbish away |
with them and additional rubbish to be removed during weekly cleaning. As the bins could be |
used by the community and tourists as a public bin facility, the committee has made enquiries |
about having the collection fee could be waived. There has been some discussion with Lismore |
Community Council and Argyll and Bute Council but so far, no agreement has been reached. |
Recycling signs (12-Apr-2023) have been placed on kitchen bins with guidance on the Argyll |
and Bute Council recycling process to encourage users to recycle and use the facilities |
appropriately. There is a general rubbish bin, a general recycling bin, a cloth/tea towel bin in the |
kitchen and a glass bin in the bar area. |
The old Lismore Lumiere DVDs (14-Jun-2023) are to be put on the shelves in the bar for use |
by anyone who would like to borrow or keep them. |
The committee is reviewing the legal aspects of ownership of the hall land (14-Jun-2023) as |
currently it is owned by the Duke of Argyll estates. |
The Boogie Night (24-Jun-2023) had low attendance with around 20 people. However, the |
evening was still a huge success and those who did attend informed us that it was a great night. |
In case of emergency, there is now a key box (19-Jul-2023) for the sole use of the GP Surgery. |
LPH received a donation from the Art Group (19-Jul-2023). The committee agreed that |
shelving for storage downstairs and storage boxes would be a good use for this donation. |
With special thanks to JH, Andy Hough and Sean MacDonald; new fire alarms (19-Jul-2023) |
have been installed throughout the building. |
The committee agreed to pursue the instalment of draft excluders (19-Jul-2023 to present). |
This has been delayed as it was discovered further work is required on one of the doors. |
The Summer Dance (29-Jul-2023) went well. The committee agreed after this that bands |
should always arrive in good time, no later than the 18:20 ferry if coming via Port Appin. |
Lismore Public Hall (Registered number: SC343613) |
Report of the Trustees |
for the Year Ended 31 December 2023 |
A 40th anniversary of Local Hero (05-Aug-2023) was shown in the hall which welcomed a large |
audience. |
Lismore Lumiere (06-Sep-2023) has been a fantastic asset to the hall and provided some |
wonderful evenings for the community. A huge thank you to Dot Hay, Julia Fayngruen and the |
Lumiere group for all their hard work. Unfortunately, they do not have the number of volunteers |
to run these nights and the regular Lumiere film showings have had to stop for the moment. The |
group did reach out to the hall committee for assistance with this. The individual hall committee |
members felt that they were not in a position to take on additional volunteer work at this time. |
We would like members of the community to consider joining Lismore Lumiere so these |
fantastic evenings can continue. |
Lismore Community Transport have installed an EV charging point (05-Oct-2023) at the hall. |
This is especially for the use of their bus which is now electric. |
The hall experienced a water issue (06-Sep-2023), and were informed by James and Kerr |
(plumbers) who assessed the situation that the current pump was not supporting the hall's |
needs and that we required a new one with a bigger capacity. A new pump and new UV filter |
system have since been installed (05-Oct-2023). |
The Christmas Craft Fair (09-Dec-2023) was a great success. The event, decorating and |
set-up were organised by Kirsty Wright and RCH, along with catering provided by the hall |
committee. This was a great community event and a good profit for the hall. There were |
recommendations from some community members to advertise the date of the event earlier in |
the year (suggestion of more than six months before the event). However, as our Craft Fair is |
smaller than others, we do aim to set our date after the major crafting events so that the majority |
of our island crafters can attend the Lismore fair. |
What's on posts (Dec-2023) were previously going out weekly on the LPH Facebook page and |
the Isle of Lismore Community Noticeboard Facebook page. Paper copies were also distributed |
on the boat and at the shop. These were valuable tools for getting information out to the |
community. However, the workload became too much for the current hall committee as numbers |
are low, so the posts have stopped for the time being. |
The New Year Dance (02-Jan-2024) was also a success with very good attendance and was |
considerably busier than recent years. |
Lismore Dance Band have held some fantastic dances in the hall over the last two years. They |
also have tables set up for games and cards for those who want to be a part of the event |
without the dancing. This has been a great addition to the community events held at the hall and |
we hope they will continue for years to come. |
The hall has hosted many successful events a book fair, whisky nights, a whist drive and a |
race night, to name but a few. All had great turnouts and provided some great social activities |
for the island. Thanks to all those who have chosen the hall as the venue for these events. |
Special thanks to EW and Scottie Barr (SB) for taking up the cleaning positions this year and |
SB's continued dedication to the community and hall. |
Maintenance: the hall needs some work and as we fix an issue we often discover another, as is |
often the case with old buildings. In the last two years, there has been a leak in the roof which |
has been mended but this may become an issue again soon. The problem of mould in the |
main hall needs to be addressed. The hall is generally cold. The downstairs toilets need work, |
they are cold, and the windows need considerable attention, all of which makes them difficult to |
clean. |
Although there are currently healthy funds in the hall account for upkeep, the committee is |
undecided as to whether to keep this as a rainy-day fund. The committee's view on this is that |
Lismore Public Hall (Registered number: SC343613) |
Report of the Trustees |
for the Year Ended 31 December 2023 |
the building is quickly becoming unfit for purpose and would require a lot of work and money to |
get it to a reasonable condition, which would only be a short-term fix. Additionally, there is a lack |
of upstairs storage for group items, cleaning equipment, tables and chairs. If these issues are |
not addressed, there is a risk that the hall could become an undesirable venue. |
LPH is used frequently by many committees and groups, and for events throughout the year. A |
large part of the hall's funding comes from individual donations. The committee would like to |
acknowledge and thank the community and users for supporting events and booking the hall, |
which in turn keeps it running. |
Volunteers are essential to our community and the hall committee needs them. The committee |
would like to invite new members to come forward for the running of the hall. |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Governing document |
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. |
REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
Registered Charity number |
Registered office |
Trustees |
Company Secretary |
Approved by order of the board of trustees on |
Lismore Public Hall |
Statement of Financial Activities |
for the Year Ended 31 December 2023 |
31.12.23 | 31.12.22 |
Unrestricted | Total |
fund | funds |
Notes | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Other trading activities | 2 | ( |
) |
Investment income | 3 |
Total |
EXPENDITURE ON |
Raising funds | 4 |
Charitable activities |
Total |
NET INCOME/(EXPENDITURE) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | 10,240 |
Lismore Public Hall (Registered number: SC343613) |
Balance Sheet |
31 December 2023 |
31.12.23 | 31.12.22 |
Unrestricted | Total |
fund | funds |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 7 |
CURRENT ASSETS |
Debtors | 8 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 9 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 10 | ( |
) | ( |
) |
NET ASSETS |
FUNDS | 11 |
Unrestricted funds | 10,240 |
TOTAL FUNDS | 10,240 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006. |
The trustees acknowledge their responsibilities for |
(a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. |
Lismore Public Hall (Registered number: SC343613) |
Balance Sheet - continued |
31 December 2023 |
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. |
The financial statements were approved by the Board of Trustees and authorised for issue on |
Lismore Public Hall |
Notes to the Financial Statements |
for the Year Ended 31 December 2023 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended 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 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
Income |
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. |
Expenditure |
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. |
Tangible fixed assets |
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
Taxation |
The charity is exempt from corporation tax on its charitable activities. |
Fund accounting |
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. |
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. |
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
2. | OTHER TRADING ACTIVITIES |
31.12.23 | 31.12.22 |
£ | £ |
Fundraising events | ( |
) |
Lismore Public Hall |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2023 |
3. | INVESTMENT INCOME |
31.12.23 | 31.12.22 |
£ | £ |
Deposit account interest |
4. | RAISING FUNDS |
Investment management costs |
31.12.23 | 31.12.22 |
£ | £ |
Administrative expenses | - | 516 |
Property repairs |
- | 1,949 |
5. | NET INCOME/(EXPENDITURE) |
Net income/(expenditure) is stated after charging/(crediting): |
31.12.23 | 31.12.22 |
£ | £ |
Depreciation - owned assets |
6. | TRUSTEES' REMUNERATION AND BENEFITS |
There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022. |
Trustees' expenses |
There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022. |
7. | TANGIBLE FIXED ASSETS |
Freehold | Plant and |
property | machinery | Totals |
£ | £ | £ |
COST |
At 1 January 2023 and 31 December 2023 |
DEPRECIATION |
At 1 January 2023 |
Charge for year |
At 31 December 2023 |
NET BOOK VALUE |
At 31 December 2023 |
At 31 December 2022 |
Lismore Public Hall |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2023 |
8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.23 | 31.12.22 |
£ | £ |
Trade debtors |
Other Debtors | 1,837 | 1,570 |
9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.23 | 31.12.22 |
£ | £ |
Trade creditors |
Tax |
Social security and other taxes |
Other creditors |
10. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.12.23 | 31.12.22 |
£ | £ |
Other creditors |
11. | MOVEMENT IN FUNDS |
Net |
movement | At |
At 1.1.23 | in funds | 31.12.23 |
£ | £ | £ |
Unrestricted funds |
General fund | 10,240 | (1,343 | ) | 8,897 |
TOTAL FUNDS | (1,343 | ) | 8,897 |
Net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 10,867 | (12,210 | ) | (1,343 | ) |
TOTAL FUNDS | ( |
) | (1,343 | ) |
Lismore Public Hall |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2023 |
11. | MOVEMENT IN FUNDS - continued |
Comparatives for movement in funds |
Net |
movement | At |
At 1.1.22 | in funds | 31.12.22 |
£ | £ | £ |
Unrestricted funds |
General fund | 8,837 | 1,403 | 10,240 |
TOTAL FUNDS | 8,837 | 1,403 | 10,240 |
Comparative net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 7,703 | (6,300 | ) | 1,403 |
TOTAL FUNDS | 7,703 | (6,300 | ) | 1,403 |
A current year 12 months and prior year 12 months combined position is as follows: |
Net |
movement | At |
At 1.1.22 | in funds | 31.12.23 |
£ | £ | £ |
Unrestricted funds |
General fund | 8,837 | 60 | 8,897 |
TOTAL FUNDS | 8,837 | 60 | 8,897 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 18,570 | (18,510 | ) | 60 |
TOTAL FUNDS | 18,570 | (18,510 | ) | 60 |
Lismore Public Hall |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2023 |
12. | RELATED PARTY DISCLOSURES |