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2023-03-31-accounts

WOOTTON COURTENAY VILLAGE HALL Registered Charity No. 1180907

REPORT OF THE TRUSTEES AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

Page Contents 2 - 6 Report of the Trustees 7 Receipts and Payments Accounts 8 Statement of Assets and Liabilities

Page 1

WOOTTON COURTENAY VILLAGE HALL

Registered Charity No. 1180907

REPORT OF THE TRUSTEES

AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

REFERENCE AND ADMINISTRATION

TRUSTEES

Trustees who served during the year were:

Alan Rowe (Chair)

Brian Matthews (Vice-Chair) Barbara O’Keefe (Treasurer) Mary Noble (Secretary) Deryn Binnie Bill Hodgson Katharine McKenzie Claire Lynch Stephen Parnell Edward Bishop (retired 23[rd] August 2022)

Peter Clapham (retired 23[rd] August 2022)

PRINCIPAL ADDRESS

West Drayton, Wootton Courtenay, Minehead, TA24 8RH

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charity is a Charitable Incorporated Organisation (CIO) established by a Constitution dated 29 November 2018.

MANAGEMENT

The general management of the CIO is undertaken by a committee of trustees (the Trustees) comprising a minimum of four and a maximum of thirteen trustees in total. Every trustee must be appointed for a term of three years by a resolution passed at the AGM. Trustees shall retire from office at the end of the Annual General Meeting, three years after the date on which they came into office, but they may be re-elected or re-appointed.

Page 2

WOOTTON COURTENAY VILLAGE HALL

Registered Charity No. 1180907

REPORT OF THE TRUSTEES

AND ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT (cont’d)

MANAGEMENT (cont’d)

Those persons holding the roles of Chairman, Vice Chairman and Treasurer (Officers) respectively, shall be charity Trustees for as long as they hold those roles and shall be elected to those positions at the AGM. The Nominated Trustees shall be appointed by each of the clubs and organisations that use the hall facilities from time to time along with a representative of the Wootton Courtenay Parish Council and All Saints Church. The Co-opted Trustees may be appointed if the Trustees decide additional Trustees are required for the effective administration of the CIO.

OBJECTIVES AND ACTIVITIES

The objectives of the CIO are to establish and run a village hall and to promote for the benefit of the inhabitants of Wootton Courtenay without distinction of sex, sexual orientation, age, disability, nationality, race or political, religious or other opinions the provision of facilities for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the objective of improving conditions of life of the said inhabitants. In furtherance of this purpose but not otherwise to hold the land and buildings known as Wootton Courtenay Village Hall.

Decisions involving capital expenditure and hire of the hall take into account the Charity Commission's public benefit guidance and are specifically aimed at providing a Community Facility for 365 days of the year. During the year the hall was used for a wide range of activities for the benefit of the local community, including:

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives in planning future activities.

Page 3

WOOTTON COURTENAY VILLAGE HALL

Registered Charity No. 1180907

REPORT OF THE TRUSTEES

AND ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2023

ACHIEVEMENTS AND PERFORMANCE

The following actions were taken to further the purposes of the CIO during the year:

Further ongoing matters include the provision of Apex Blinds for the Film Club, and a possible extension to provide further facilities.

FINANCIAL REVIEW

RESERVES POLICY

Free reserves are maintained at such a level as to provide a contingency fund for all essential repairs and maintenance of the Hall to be undertaken whenever the need arises.

FINANCE REPORT

The year started with an opening cashbook balance of £43,959 and concluded the year with a balance of £46,600, a surplus of £2,641. This surplus has reduced from the £7,546 that we achieved in 2021/22, but in the previous year we were still benefiting from the tail end of COVID Grant Income from the Council.

There was a noticeable improvement in Hall hire Income, increasing from £574 in 2021/22 to £3,898 in 2022/23. Before Covid Hall Hire income was generally in the region of £5000. Income from the solar panels improved slightly compared to the previous year, generating £2,621. The 100-club donated £800 during the year.

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WOOTTON COURTENAY VILLAGE HALL

Registered Charity No. 1180907

REPORT OF THE TRUSTEES

AND ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2023

The Committee invests in our lovely Hall to ensure that it is well maintained and looked after. During the year the Committee spent over £4,978 on running costs. This would have been significantly higher, but a lot of money is saved when committee members and other skilled villagers give freely of their time and expertise. The main areas of expenditure include:

 Oil, electricity and water £1206

ADDITIONAL INFORMATION

OFFICERS APPOINTMENTS

In accordance with the Constitution, committee officers retain their post until they resign. There were no changes to the committee officers during the year 22/23.

TRUSTEES APPOINTMENTS

During the year, Peter Clapham and Edward Bishop resigned as Trustees.

The following Trustees reached the end of their three-year appointment term:-

Mary Noble and Bill Hodgson

Both of them agreed to stand for re-election for a further three year term, and this was unanimously approved at the 2022 AGM.

SUMMARY

I am satisfied that the Trustees took all appropriate actions in order for the Charity to fulfil its charitable purposes and that the Commission’s Public Benefit guidance has been taken into account when exercising such decisions.

Page 5

WOOTTON COURTENAY VILLAGE HALL

Registered Charity No. 1180907

REPORT OF THE TRUSTEES

AND ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2023

DECLARATION

The Trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees

Signature A. J. Rowe Name Alan Rowe Position Chair Date 28[th] August 2023

Page 6

WOOTTON COURTENAY VILLAGE HALL

Registered Charity No. 1180907

REPORT OF THE TRUSTEES

AND ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2023

RECEIPTS AND PAYMENTS ACCOUNTS

Annual accounts have been submitted in a separate file.

Page 7

WOOTTON COURTENAY VILLAGE HALL

Registered Charity No. 1180907

REPORT OF THE TRUSTEES

AND ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2023

STATEMENT OF ASSETS AND LIABILITIES AS OF 31st MARCH 2022

Restricted
funds
General
funds
2023 2022
TSB current account --- £46,600.00 £46,600.00 £43,959.00
--- £46,600.00 £46,600.00 £43,959.00

Other monetary assets

None.

Investment assets

None.

Assets retained for the CIO's own use

The CIO owns, and has registered title to, Wootton Courtenay Village Hall and the land on which it stands. The CIO also owns all of the fixtures and most of the equipment in the hall.

Liabilities

None.

Approved by the board of trustees, and signed on their behalf by:

Signature A. J. Rowe Name Alan Rowe Position Chair Date 28[th] August 2023

Page 8

WCK)rroN OURTENAYVILLAGE HAIL ANNUAL A UNfs 2022 Year Endlng 31st Marth 2023 2023 2022 PROFIT & LOSS INCOME Lettings COVID Grant Income (Somerset West & Taunton) Miscellaneous Energy Generation Events- Take Art l(M) Club 3,898 574 11,852 2,621 600 800 2,373 850 Flm & Theatre Group lcombinedl 1.999 1,122 9,918 16,772 EXPENDThURE Hall Running Costs Film & Theatre Group Icombinedl Events- Take Art Accountsncy Fees Legal Fees Subscriptions Miscellaneous 4.978 934 472 6,876 1,095 400 439 331 562 7,277 415 9.226 Surplus of Income over Expendlture 2.641 BALANCE SHEET Opening Cash at Bank Surplus 43,959 2,641 36,413 7,546 aosing Balance 46,6LN) 43,959 These Accounts have been insperted and found to be in order Ll.E Sara Maskall ! qJ.061.*3