## **ISFIELD VILLAGE HALL CHARITY TRUSTEES’ ANNUAL REPORT FOR THE PERIOD 1 JANUARY, 2025 to 31 DECEMBER, 2025** ## **THE CHARITY** Isfield Village Hall Charity, registration number 1034030, Isfield Village Hall, Station Road, Isfield, Uckfield, East Sussex, TN225XG. Trustees as of 31 December 2025: Ron Levett, Margaret Levett, Beverley Ashford, Mike Upton and Phillipa Luckett, David Arno, Georgia Arno, Simon Black. ## **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 2025 were slightly higher than those for 2024. Gift Aid has been received on the donations Capital expenditure for 2025 included removing dangerous chimney and repositioning central heating boiler room to the outside, and included new boiler that is more efficient and bio fuel enabled, placing electric cables underground that were attached to old chimney stack, new insulated entrance door at a cost of £25391.35.The plan was approved by the Management Committee the Parish Council resolved to award the amount of £10,000 toward the project. The Management Committee have applied for funding from the Wealden District Council CLIF fund, the project has planning permission and will include an extension to the rear of the Village Hall in keeping with the 125 year old building, upgrade the existing kitchen structure to modern insulation requirements , provide disabled toilet and new internal storage for tables chairs and changing facilities if required for the dance and theatrical societies, also included solar panels which will make us energy sufficient for electricity. Approximate costs including VAT £240,000. 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, and the Newly formed Isfield Theatrical Society. We will have full fibre broadband for hirers at the hall in March 2026. The search for additional new and interesting activities will continue. ## **FINANCIAL REVIEW** The Charity ended the year with a loss of £5782.93 but with the Capital expenditure of £25,391-00 this will still leave us in 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 £1725.00 this year. The Charity has a reserve of £69,158.69 invested with the Charities Official Investment Fund this sum can be drawn on if necessary the charity also has funds in the Bank of £35,094.61, giving a total reserve of £104,596.30 The Charity has a permanent Endowment which is valued at £49,158.78 a slight decrease from 2024 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 13th April 2026 ISFIELD VILLAGE HALL MANAGEMENTCOMMIThEE MEEfiNG TREASURER'S ANNUAL REPORT 2025 As of 31st December 2025: Bank Payments Bank Recelpts Communlty Bank Account Buslness Deposlt (Frlends) Petty Cash COIF Deposlt TOTAL Uquld Assets 2025 Openlng To 31105 To 09106 To 04108 To 12110 To 04112 To 31112 Balances £11,919.25 £12,262.81 £4,029.53 £1,805.15 £2,761.36 £2,653.77 £3,636.74 -£8,282.51 £30,207.88 £27,130.81 £27,210.34 £26,284.48 £28,352.74 £31,422.29 £31,457.87 £1,249.99 £1,384.73 £653.93 £65,247.64 £66,337.77 £67,417.08 £67,880.96 £68,687.27 £69,501.69 £69,501.69 £4,254.05 £108,759.50 £106,385.32 £99,405.38 £96,426.02 £99,894.80 £103,577.75 £104,596.30 -£4,163.20 -£24,032.08 -£12,688.90 -£5,427.80 -£3,710.97 -£4,019.33 -£496.53 £24,375.64 £4,455.62 £3,203.42 £4,667.18 £3,911.74 £1,479.50 £42,093.10 £748.43 £455.43 £93.43 £0.00 £0.00 -£1,384.73 -£50,375.61 Payments -£51,760.34 Exceeded Recelpts £47,597.14 By COIF Charities Investment Fund Permanent Endowment valuation @31st December 2025 -£4,163.20 £49,158.78 Payments for year (Bank account) Wealden DC Rates Recelpts for year (Bank account) Hall hire -£155.67 £14,386.00 £1,776.00 £73.50 £909.84 £15,750.00 £357.20 EDF Energy Scottish water Heating oil Caretaker Wages Quiz bar stock and TENS Bank charges Building and maintenance IT -£1,087.40 -£663.61 Friend's donations Wealden Lottery income Quiz income Grants/Non-gift aid donations HMRC Gift Aid on donations Cash Transfers Fete -£916.65 -£3,893.67 -£730.81 -£43.60 £1,827.73 £142.09 -£32,185.53 -£279.99 Frost Fair £870.74 Equipment Other -£1,421.15 -£163.23 Insurance -£1,956.20 -£95.90 Friends TOTAL -£43,593.41 -£6,782.20 -£50,375.61 TOTAL £36,093.10 £6,000.00 £42,093.10 Transfer to deposit account Transfer to deposit account TOTAL TOTAL Balance of transfers to/from deposit £782.20 Interest on deposit account Deposlt Account Change £467.79 £1,249.99 Notes l. Payments, £51,760.34 is calculated from Bank payments, plus deduction in cash 2. Receipts, £47,597.14, is calculated from bank receipts, deposit account change and COIF deposit change O ￿ UJ rh CQ (O ￿ Tr*J 171 O (n J o ￿ w o UJ (Th CTh (D W Ln co CS) Ln J UJ Ln (A) O O (J) (D #* a) h• UJ ￿ (n o o ￿ (n O ISI ￿ O O O O ￿ O #& Lll o ai o io (n o ￿ o) bJ o o ha rt) hJ u) rpj m m pty m fv) UJ O *• **b CQ o (n o 10 In ai (yi UJ w ui ai in w o in (n o ￿ o (n o UJ O (D Ln to O Q) J a) ￿ LA> w OJ o a) TrJ o ci) N ¢)) C￿ ¢3) (n >• Ln (D o O O O ¥b UJ (YJ fvu o (n O w Ln (D ¢ (D CO f•) th W O •4 Tr4J vi ISFIELDVILLAGE HALLMANAGEMENT COMMIThEE MEETING TREASURER'S ANNUAL REPORT 2025 Balance of Assets as of 31st December 2025 FY 2025 FY 2024 £3,636.74 £11,919.25 £31,457.87 £30,207.88 £69,501.69 £65,247.64 £0.00 £1,384.73 £104,596.30 £108,759.50 Change -£8,282.51 £1,249.99 £4.254.05 -£1,384.73 -£4,163.20 Balan￿ in Current Account at Bank Balance in Deposit Account at Bank Balance in COIF Bank Account Petty Cash Value of permant endowment £49,158.78 £51,630.21 -£2,471.43 Total: £153,755.08 £160,389.71 -£6,634.63 % Movement on permanent endowment Movement on permanent endownment -5.03%, 2.26% -£2,471.43 £1,140.56 Permanent Endownment Performance 2025 MARKET VALUE (Q 482K 47 2025 1110412025 OS1￿￿rI02 25rn7R¢Y25 025 ,Notes l. the % movement on the endownment for 2024 was 2.21%, not 2.26% as recorded last year Accounts prepared by Mr D Arno (Treasurer) Examined and app A. Beattie (Examiner) Approved at AG by Trustees r R. Levett (Chalrman) IE- 2