DACRE ROOMS KIMPTON CHARITABLE INCORPORATED ORGANISATION Registered Charity No: 1175741
REPORT and ACCOUNTS
For the year ended
31[ST] MARCH 2021
Registered Address: Dacre Rooms, High Street, Kimpton Hertfordshire SG4 8RA
DACRE ROOMS KIMPTON CIO
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31[ST] MARCH 2021
Chairman's Report
The year ended 31[st] March 2021 was a difficult one for the charity. The SARS-CoV2 virus hit the UK in February 2020 and by 23[rd] March 2020 we were forced to close our doors due to measures taken by HM Government to contain and control the virus.
We are privileged to be the guardians of a beautiful Victorian building. It does not lend itself easily, however, to social distancing and other statutory disease control measures that were prescribed. As a result, the Dacre Rooms did not reopen until 19 July 2021. In short, our activities were curtailed for the entire period that this report seeks to address.
We were very fortunate to receive a grant from the government to enable us to maintain our solvency and prepare for reopening. Further details of our financial position are set out in the Treasurer’s Report.
Our charitable objects require us to provide a facility for Kimpton residents and the local authorities, voluntary and other organisations in an effort to advance education and to provide facilities for recreation and leisure in the interests of social welfare in the community. The Trustees and others involved with the running of the Dacre Rooms in Kimpton remain ready to deliver upon these objectives whenever legislation permits.
The day-to-day operations of the Dacre Rooms are coordinated by the Management Committee. It comprises of a group of dedicated volunteers under the skilful management of David Pitcher. I wish to publicly thank them for their diligent efforts yet again this year under particularly challenging circumstances.
Ted Frith Chairman
Trustees for the period were
Mr CE Frith (Chairman) Mr Simon James Thompson (Treasurer)
Mrs Anne Juliet Elizabeth Morton (Secretary)
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Treasurer’s Report
The accounts for the period are shown on page 4.
They have been prepared on a receipts and payments basis in accordance with the Charities Statement of Recommended Practice (FRS102)[1] .
Our aim remains to cover operating costs from the rental income. This was clearly not possible during the current period. Fund raising was also very difficult. As a result, our regular income fell to £388 from £11,574 in the prior period. Costs, however, were also less during the period. Our expenses totalled £3,484 (£8,080). This resulted in an operating loss of £3,096.
Our prudent approach to managing the finances in prior periods provided us with a significant buffer at the start of the pandemic. We were, nevertheless, grateful recipients of grants from HM Treasury totalling £10,000 during the period.
Our building is in an excellent state of repair and we anticipate only modest costs relating to building maintenance in the short term. Longer term expenditure is forecast to be covered from our healthy cash reserves.
The charity finds itself in a stable and healthy financial position and we are confident that we can fulfil our obligations to operate a venue for the public benefit to further our charitable objects.
Simon Thompson Treasurer
1 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 2015)
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