Trustees’ Annual Report
For the period From 01/01/2024 to 31/12/2024
Charity Name: Toft Newton Village Hall Association
Registered Charity Number: 1162768
Charities principle address: Toft Newton Village Hall, Washington Drive, Newtoft, Market Rasen. LN8 3NN
| Trustee Name | **Office(if any) ** |
|---|---|
| Don Pavia | |
| Jane Hobbs | |
| Jackie Pavia | Chairperson |
| Bridget Carpenter | Secretary |
| JudyHoward | Treasurer |
Type of governing document: Constitution
How the charity is constituted: Incorporated Organisation
Trustee selection methods: Appointed by committee
Summary of the objects of the charity set out in its governing document: The charity works for the public benefit having as its objects:
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(1) Reduced isolation of rural community .
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(2) To improve the parish of Toft Newton to encourage the goodwill and evolvement of the wider community to foster community spirit and encourage civic pride
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(3) To provide a village hall for use by all residents of the parish
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(4) Increased sense of community well-being through improved access to existing and new activities, services and events .
Summary of the main activities undertaken for the public benefit in relation to these objects:
The Charity continued to work with patrons on providing the best environment to meet our objectives.
We continued to keep fees payable the same as last year.
Summary of the main achievements of the charity during the year:
Maintain a venue for all users to continue with their events that support the objectives of the Charity.
We installed solar panels to help offset the huge increase in business energy costs.
We also managed to keep booking costs as they were last year despite these increase in energy costs.
Brief statement of the charities policy on reserves:
We continued to monitor costs and income very closely.
Robert Nelson
Chair
Toft Newton Village Hall Income and Expenditure Accounts 1st January 2024 To 31st December 2024
| Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | ||||
|---|---|---|---|---|---|---|---|---|
| Income | ||||||||
| Fund Raising/Entertainment | 15.50 | - | 292.00 | |||||
| Donations | 30.00 | 3,030.00 | - | 65.50 | ||||
| Lottery /Council Grants | 1,000.00 | 21,192.00 | 2,667.00 | 15,668.21 | 13,335.00 | |||
| Hire of Hall | 2,430.00 | 2,101.00 | 1,593.75 | 635.00 | 1,058.00 | |||
| Rent from Newtoft Social Club | 2,900.00 | 3,200.00 | 3,300.00 | - | 4,745.00 | |||
| Misc | 895.69 | 90.72 | 121.00 | 215.00 | ||||
| Totals | 7,255.69 | 26,599.22 | 10,711.75 | 16,518.21 | 19,495.50 | |||
| Expenditure | ||||||||
| New Building Costs | 1,600.00 | 2,400.00 | 2,400.00 | |||||
| Entertainment | ||||||||
| Printing & Stationery | 5.10 | |||||||
| Solicitors Fees | 40.00 | |||||||
| New Equipment | 567.69 | 130.90 | ||||||
| Service (Gas/Electric ) | 5,443.76 | 3,660.13 | 8,941.77 | 4,632.53 | 4,412.85 | |||
| Wages | 1,163.24 | 1,059.76 | 896.66 | 561.34 | 506.10 | |||
| Repairs & Maintenance | 1,124.42 | 1,786.93 | 1,451.23 | 2,403.51 | 1,117.84 | |||
| Licences & Insurances | 2,160.28 | 3,167.12 | 3,695.08 | 4,481.47 | 3,601.66 | |||
| Bank Charges | ||||||||
| Misc | 40.00 | 569.84 | 220.00 | 15.00 | ||||
| Totals | 9,931.70 | 10,243.78 | 17,152.43 | 14,703.95 | 12,224.35 | |||
| Net Income or Expenditure | - | 2,676.01 |
16,355.44 | - | 6,440.68 |
1,814.26 | 7,271.15 |
Cash & Bank Account Details
| Cash In |
Current |
Total | |||
|---|---|---|---|---|---|
| Hand |
Account | ||||
| Balance as at | 31st Dec | 2023 | 26.39 | 19163.43 | 19189.82 |
| Balance as at | 31st Dec | 2024 | 134.64 | 16379.17 | 16,513.81 |
| -2,676.01 |