**ISFIELD VILLAGE HALL CHARITY TRUSTEES’ ANNUAL REPORT FOR THE PERIOD 1 JANUARY, 2024 to 31 DECEMBER, 2024** ## **THE CHARITY** Isfield Village Hall Charity, registration number 1034030, Isfield Village Hall, Station Road, Isfield, Uckfield, East Sussex, TN225XG. Trustees as of 31 December 2024: Ron Levett, Katherine Meakin, Margaret Levett, Beverley Ashford, Mike Upton and Phillipa Luckett ## **STRUCTURE AND MANAGEMENT** The Charity is regulated by a Scheme made by the Secretary of State for Education and Science on the 3[rd] September, 1968 as altered by an Order made by the Charity Commissioners for England Wales on the 19[th] September, 2003. The freehold of the Village Hall is vested in Isfield Parish Council which is the Custodian Trustee of the Village Hall Charity and it is administered and managed by the Isfield Village Hall Management Committee. The Management Committee is made up of eight elected Trustees and has the power to appoint 10 representative Trustees from organisations within the village of Isfield and up to two co-optative Trustees. The Management Committee holds six meetings each year and an Annual General Meeting. All Trustees resign and can stand for re-election at the Annual General Meeting. Trustees are recruited from local organisations by invitation and from local residents by word of mouth or advertisement. ## **OBJECTIVES AND ACTIVITIES** The objective of the Village Hall Charity is the provision and maintenance of a village hall for the use of the inhabitants of the Parish of Isfield without distinction of political, religious or other opinions for meetings, lectures and classes and for other forms of recreation and leisure time occupation with the object of improving the conditions of life for the said inhabitants. ## **ACHIEVEMENTS AND PERFORMANCE** As custodians of a beautiful early 20[th] Century former Church of England school that needs careful attention the Management Committee continued to monitor the condition of the building and carry out any maintenance work as and when needed. Outgoings were consistent with management of an old building. The Friends of Isfield Village Hall continue to make an important contribution to reserves. Donations for 2024 were slightly lower than those for 2023. Gift Aid has been received on the donations The Funding Committee which was set up in 2020 to look into the availability of g Plans have been drawn up for the construction of a small extension to provide disabled toilets and improved storage for chairs and tables, removing dangerous chimney and repositioning boiler to the outside approximate cost of £125,000 The plans were approved by the Management Committee. It was proposed to present the plans to Isfield Parish Council and at its September meeting the Parish Council resolved to award a maximum amount of £30,000 toward the whole project subject to match funding. The management committee to apply for other grants. It is considered that the Charity has performed well thanks to the efforts of the Management Committee in maintaining the premises in a condition that makes them very attractive to hirers. Fortunately the Frost Fair, Quizzes and participation at the Village fete have raised funds for the Village Hall. The availability of the Village Hall has proved to have a significant public benefit and regular users have increased slightly, In addition to regular users the Hall is used by all ages in the community for parties, wedding and anniversary celebrations, funeral teas, receptions, arts and crafts workshops, AGM’s and meetings, exhibitions and flower shows. The search for additional new and interesting activities will continue. ## **FINANCIAL REVIEW** The Charity ended the year with a profit of £13,370.88 which is a healthy position in which to start the new financial year. Donations from the Friends are held in a deposit account, with friends donations at £1228.28 this year. The Charity has a reserve of £65,274.64 invested with the Charities Official Investment Fund. This sum can be drawn on if necessary. It has a permanent Endowment which is valued at £51,630.21 which is also invested with the Charities Official Investment Fund on which it receives the income. The Trustees declare that they have approved the Trustees’ Annual Report above. Signed on behalf of the Charity’s Trustees. Ronald Levett Chairman th 14 February, 2022 Isfield V Hall Accounts for Year 1s Janua 2024- 31st December 2024 2023 Incomo Hlre of Hall and Equipment Donations from The Friends of Isfi8ld V41age Hal Gift Aid on Prevlous Yea¢s Frfends. donat*)n8 In¢ome from Quizzes Incorne from Sufflmer & FTOSt Fatrs ncome from Ra￿ Ni9ht In¢ome frorn Isfield Fete Income from Wealdon Lottery Intsrest from COIF deposrt account Dividend income from permanent end¢Mne Inte￿81 trom Friends. Deposil Account RefvI￿ from Not For Profft Income from Polo shirts Tax payment 14,826.50 1.425.00 523 58 2.092.05 813.n 14.636.90 2.250.00 102.60 1,692.79 1.225_56 1.061.09 120.00 155.50 2.514_98 1.386.09 203 64 2.5W.00 143.ThJ 166.50 3.136.59 1.405.42 419.64 1.000 00 321.11 241.59 26.51&71 27W.16 Ex Rates Watgrlwaste Electricity General Upkeep and clealllrnJ mateiials KPS cle8ring ditchR)ack of ￿rpark Purchase of Zettlo Expenses rel8llng to Frost Fair EX￿￿Se8 relallng lo Race Nights Expenses related to Qulzze$ Expense8 related to The FrierKl$ of Isfiekl Vlllage Hall Expenses rglaled to the VllJ8ge Fete prtnllng lffyers elc.) 8011or wvl¢e and maInt￿anCe Website& 60f￿re licences Heabng oll Insurance Caretaker wagos Ilnclthllng tax) Flxtures & fftting8 Repair works Iplumbir¥Jl Retumed Deposit HSBC Bank Charges Eknctrical repair works TdbtrtoslDonatFons Expensès associatad V41th prOp￿d exten81on Expenses related lo Polo Shirt8 Tunbridge Wells Ilre protecllon 68.61 692.71 751.75 439.15 74_59 498.90 624 93 572.00 1,1)80 IX) 34.80 92.49 858.08 762.04 199.19 87.46 1.102.60 196.72 40.28 67.73 132.00 161.70 1.974.98 1.74144 3,301.56 118 80 231.87 723.24 1,797.69 3.81￿.13 2.437 04 327.32 10.00 7040 67.60 4.791.60 244.29 253.25 13.143.83 6621 17,631.96 Surplus Incom• 0￿r Exp•ndltyr• £13.370.88 £10.317.19 l A••ets at 31• Debtor rg Hlre of Hall In credlt with EDF Creditor re T8m)ac {IocoJon'. recydlng bNI area) Mongy recéived in advarKe re Hire of H911 8alance in Curr8nt a¢¢ount at bank ealance in Dep05il account al bank {Fl￿d8) 8alanco in COIF bank account Petty cash Total Cash 11.919.25 30.207.88 65,247.64 1,384.73 £108.759.50 £19.829.10 £13.944.88 £60.705 63 £909.23 £95.388.62 Valuè of penna￿nI endthbYr*nt % Movement on peFmanent eThJLv•4m8nl Movement on pe￿anent ondo**ment 51.630.21 226% 1.140.$6 50.489 65 919% 4.249.07 A¢￿UnIS prepared by Mrs K J Meakln ITreasLtytt) 8rKI approved by Mr R S F Smitf*r (Exami￿} Approve(181 AGM by Tnjstees Mr R Levett {Ch8im)an) Isfield V Hall Accounts for Year 1s Janua 2024- 31st December 2024 2023 Incomo Hlre of Hall and Equipment Donations from The Friends of Isfi8ld V41age Hal Gift Aid on Prevlous Yea¢s Frfends. donat*)n8 In¢ome from Quizzes Incorne from Sufflmer & FTOSt Fatrs ncome from Ra￿ Ni9ht In¢ome frorn Isfield Fete Income from Wealdon Lottery Intsrest from COIF deposrt account Dividend income from permanent end¢Mne Inte￿81 trom Friends. Deposil Account RefvI￿ from Not For Profft Income from Polo shirts Tax payment 14,826.50 1.425.00 523 58 2.092.05 813.n 14.636.90 2.250.00 102.60 1,692.79 1.225_56 1.061.09 120.00 155.50 2.514_98 1.386.09 203 64 2.5W.00 143.ThJ 166.50 3.136.59 1.405.42 419.64 1.000 00 321.11 241.59 26.51&71 27W.16 Ex Rates Watgrlwaste Electricity General Upkeep and clealllrnJ mateiials KPS cle8ring ditchR)ack of ￿rpark Purchase of Zettlo Expenses rel8llng to Frost Fair EX￿￿Se8 relallng lo Race Nights Expenses related to Qulzze$ Expense8 related to The FrierKl$ of Isfiekl Vlllage Hall Expenses rglaled to the VllJ8ge Fete prtnllng lffyers elc.) 8011or wvl¢e and maInt￿anCe Website& 60f￿re licences Heabng oll Insurance Caretaker wagos Ilnclthllng tax) Flxtures & fftting8 Repair works Iplumbir¥Jl Retumed Deposit HSBC Bank Charges Eknctrical repair works TdbtrtoslDonatFons Expensès associatad V41th prOp￿d exten81on Expenses related lo Polo Shirt8 Tunbridge Wells Ilre protecllon 68.61 692.71 751.75 439.15 74_59 498.90 624 93 572.00 1,1)80 IX) 34.80 92.49 858.08 762.04 199.19 87.46 1.102.60 196.72 40.28 67.73 132.00 161.70 1.974.98 1.74144 3,301.56 118 80 231.87 723.24 1,797.69 3.81￿.13 2.437 04 327.32 10.00 7040 67.60 4.791.60 244.29 253.25 13.143.83 6621 17,631.96 Surplus Incom• 0￿r Exp•ndltyr• £13.370.88 £10.317.19 l A••ets at 31• Debtor rg Hlre of Hall In credlt with EDF Creditor re T8m)ac {IocoJon'. recydlng bNI area) Mongy recéived in advarKe re Hire of H911 8alance in Curr8nt a¢¢ount at bank ealance in Dep05il account al bank {Fl￿d8) 8alanco in COIF bank account Petty cash Total Cash 11.919.25 30.207.88 65,247.64 1,384.73 £108.759.50 £19.829.10 £13.944.88 £60.705 63 £909.23 £95.388.62 Valuè of penna￿nI endthbYr*nt % Movement on peFmanent eThJLv•4m8nl Movement on pe￿anent ondo**ment 51.630.21 226% 1.140.$6 50.489 65 919% 4.249.07 A¢￿UnIS prepared by Mrs K J Meakln ITreasLtytt) 8rKI approved by Mr R S F Smitf*r (Exami￿} Approve(181 AGM by Tnjstees Mr R Levett {Ch8im)an)