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2025-03-31-accounts

SHEET VILLAGE COMMUNITY TRUST

(Charity registration no: 1147676)

ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

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SHEET VILLAGE COMMUNITY TRUST

ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

INFORMATION AND TRUSTEES’ REPORT

History

The Trust was incorporated as a company limited by guarantee on 26 March 2012 and registered as a charity with the Charity Commission on 13 June 2012. It successfully converted to a Charitable Incorporated Organisation (CIO) on 9[th] April 2019.

Trustees

Mr V R Clarke Mrs D G J Flatt Mrs C E Glancy Mr R S Gibbons Mr O R Jonathan Colonel A G Platt Rear Admiral J A Trewby CB

Objects

The Charity’s objects are specifically restricted to such of the following as are wholly charitable and for the public benefit:-

Trustees’ report for the year

This year the SVCT Trustees met on 24/06/2024 to approve the 23/24 accounts. The combined AGM of the SVCT and the Sheet Association was held on 04/10/24. Ann-Marie Powell, Sheet resident and award winning garden designer, was our guest speaker. Apart from the publication of Sheet News (now in full colour and in its 32nd year) the Sheet Association supported two big events this year. The first was the Sheet Olympics held on the Recreation Field on 22/6/24. Onion and spoon races, sack races, human wheelbarrow and French Waiter races were hotly contested. Gold, silver and bronze medals were awarded. In

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the end the two top teams India and Ukraine fought it out in a tug of war which India won. Sufficient money was raised to allow a contribution to Sheet Primary School for a new swing. The second event was the Winter Warmer Café, now in its third year, providing warm drinks and cakes in the Village Hall every Friday in the winter for those in need during the cost of living crisis. Grants have been received from the East Hants District Council for this year’s Winter Warmer Café, and the Sheet Olympics. Sheet Parish Council also gave a grant for the Sheet Olympics but no grant was received for the Winter Café this year. Instead they didn’t charge for the use of the Village Hall. The Sheet WI gave a grant for the Olympics and the Half Moon pub gave 10% of their take. In addition to these events the Sheet Film Club continues to be active and the Sheet Association website gives villagers notification of future events. So far no village assets have been transferred to the Trust but it remains a facility to safeguard village assets in future against any potential change in council governance.

Public benefit

The Trustees have had regard to the guidance of the Charity Commission with regard to public benefit and are satisfied that throughout the year under review the Trust fulfilled the requirement to operate solely in the interests of the public and for its benefit.

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SHEET VILLAGE COMMUNITY TRUST

(Company registration no: 08006191. Charity registration no: 1147676)

Balance Sheet at 31 March 2025

Fixed Assets
Current Assets
Cash at bank
Net assets

The Company’s Funds
Total amount of funds
2025
£
0
3198

3198
3198
2024
£
0
2927
2927
2927
2024
£
0
2927
2927
2927

2927

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SHEET VILLAGE COMMUNITY TRUST

Statement of receipts and payments for the year ended 31 March 2025

2025
£
Receipts
Advertisers in_Sheet News_
925
Grants:-
Sheet Parish Council
500

East Hampshire District Council
610
Sheet Women’s Institute
50
Half Moon Pub 41

Total
1201
Receipts from Sheet Olympics 624
Receipts from Coronation Party 0
Charity Donation from Queens Head
0
Total receipts2750

Payments
Printing_Sheet News_
424
Administration costs
229
Coronation Lunch Expenses 0
Winter café expenses 326
Charity Donations (Rosemary & CRUK) 0
Sheet Olympics Expenses 1335
5
2024
£
1025
550
150
0
0
700
0
1152
152
3029
400
92
1066
812
1028
Donation to Sheet Primary School
Total payments

Surplus/(deficit)

Statement of affairs as at 31 March 2024
Balance brought forward
Surplus during the year

Total funds at 31March 2024
165
2479
271



£2927
£ 271
£ 3198
3398
(369)

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