## **Trustees’ Annual Report for the period** ## **From 1 January 2023 to 31 December 2023** ## **Charity name: The Wolverley Memorial Charitable Trust Charity registration number: 1183888** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To provide village hall and recreation
facilities, including a children's play area,
for the benefit of the residents of Wolverley
village, in Worcestershire.
To retain the hall as a memorial for those
from Wolverley who died in the service of
their country.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|Provision of the Hall and grounds for sport,
the arts and recreation.
Provision of a children’s play area.
The sub-letting of parts of the grounds for
tennis, bowls, and the village social club.
Fundraising for the upkeep and
maintenance of the charity’s assets.
Development of the new Community Café.
Two Development Projects:
(i) short-term – the completion of the
refurbishment of the current Memorial Hall
and
(ii) longer term – the future development of
a new integrated community facility.| ||Para 1.18|The Trustees reviewed the guidance as
part of their considerations to modernise
the Charity by creating this Charitable
Incorporated Organisation by merging with
the previous Wolverley Memorial Hall
Charity (523207); with particular reference
to RS9 – village halls and community
centres| 1 ## **Additional information** ||SORP reference|| |---|---|---| |Contribution made by
volunteers|Para 1.38|The charity is heavily dependent on
volunteers for the upkeep and maintenance
of the hall, community café, children’s play
area and grounds.
Volunteers are also actively engaged in a
number of Fundraising events.
This year, Trustees and volunteers
managed a number of successful grant
applications and delivery of projects to
continue the refurbishment of the interior of
the Memorial Hall, including the Community
Café.| ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|This was the fourth full year of the
Wolverley Memorial Charitable Trust and
the second “normal” year after the lifting of
Pandemic restrictions
The number of regular hirers and “one-off”
private hires for parties and other events
continued to increase.
One of the most significant achievements
in the year was the continued development
of the Community Café, extending the
opening hours and the range of services
provided, with the aim of establishing the
Café as a community hub. A well-attended
“Carols at the Hall” concert was held for the
first year. This will now be an annual event
The Charity was successful in obtaining a
“Warm Space” grant allowing the
Community Café to provide affordable food
and refreshments during the Winter Period
to help people with the cost of living crisis
and prevent isolation.
The Charity also joined the national “Chatty
Café” scheme and entered into a
partnership agreement with the local
Allotment Society.| 2 The Charity started the process to lease the vacant Pavilion on the site, returned after temporary use by the Wolverley Lawn Tennis Club, by seeking expressions of interest from local groups. A structural survey and valuation was obtained. The Charity entered into discussions to agree a lease arrangement with the newly formed Wolverley Tennis Charitable Incorporated Organisation for its use of part of the land owned by the Wolverley Memorial Charitable Trust under a long lease from the Parish Council. ## **Additional information** ||SORP reference|| |---|---|---| |Achievements against
objectives set|Para 1.41|The Charity’s main aim continues to be to
broaden and extend the use of the Hall and
other facilities by more organisations and
individuals in the furtherance of the
Charity’s objects.
The Charity’s 5 main objectives for the year
were to:
1. to continue the internal refurbishment of
the Memorial Hall, making it an attractive
environment for the benefit of local
residents.
2. to develop the Community Café into a
warm, welcoming space offering affordable
food and refreshments
3. to explore further opportunities for Grant
funding
4. to maintain all the Charity’s facilities to
ensure they are safe and available for local
residents throughout the year and to
maximise their use.
5. to develop the strategy and operational
framework of the CIO, including the review
of policies and recruitment of new staff and
volunteers.
All these objectives were achieved.| 3 |Performance of fundraising
activities against objectives
set|Para 1.41|Fundraising income met targets for the
regular car boot sales, children’s funfair,
and craft fayres.
The operation of the Community Café for
these events enabled increased fundraising
through the provision of food and
refreshments.| |---|---|---| |Investment performance
against objectives|Para 1.41|Not applicable| |**Financial Review**||| ||SORP reference|| |Review of the charity’s
financial position at the end
of the period|Para 1.21|The Charity’s overall financial position at
the end of the year remains healthy. The
Trustees planned the use of some of the
Charity’s Operational Account Reserves to
complete the refurbishment of the Memorial
Hall. Those reserves have been
replenished in 2024.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The charity’s reserve policy is to hold a
level of reserves in its general fund at least
equal to a year’s estimated projected
expenditure, as a contingency.| |Amount of reserves held|Para 1.22|Reserves held at the year-end totalled
£79,734; comprised of Unrestricted
Reserves of £6,796 and Restricted
Reserves of £72,938.| |Reasons for holding zero
reserves|Para 1.22|Not applicable| |Details of fund materially in
deficit|Para 1.24|Not applicable| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|Not applicable| 4 ## **Additional information** ||SORP reference|| |---|---|---| |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|Sources of Income are from rental of the
Hall, sub-letting of some of the grounds
and fundraising events, including car boot
sales, fayres, festivals and craft shows.| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|Not applicable| |A description of the principal
risks facing the charity|Para 1.46|The principal risk facing the charity is the
need to replace the current Hall in the
medium-term.
The significant refurbishment of the exterior
and interior of the Hall has extended the life
of the current building but it will need
replacement before it reaches the end of its
useful economic life.
The other main risk to the Charity is the
need to ensure income generating activities
continue to meet the running costs of the
Hall, Children’s Play Area, Community Café
and grounds.| 5 ## **Structure, Governance and Management** ||SORP reference|| |---|---|---| |Description of charity’s
trusts:
Type of governing document|Para 1.25|Charitable Incorporated Organisation
Constitution| |How is the charity
constituted?|Para 1.25|Charitable Incorporated Organisation| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|The charity has 3 types of Trustees –
elected, representative and co-opted.| ## **Reference and Administrative details** |Charity name|The Wolverley Memorial Charitable Trust| |---|---| |Other name the charity uses|Not applicable| |Registered charity number|1183888| |Charity’s principal address|Wolverley Memorial Hall,
Shatterford Lane,
Wolverley,
Worcestershire
DY11 5TN| 6 ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7|**Trustee name**|**Office (if any)**|**Dates acted if not**
**for whole year**|**Name of person (or**
**body) entitled to**
**appoint trustee (if**
**any)**| |---|---|---|---|---| ||Graham Wallis|Chairman|Whole period|| ||Michelle Hire|Treasurer|Whole period|| ||Andrew Gould||Whole period|| ||Robert Lawrence||01/01/23 -
02/09/23|| ||Richard Millner||Whole period|| ||Bernard D’Arcy||Whole period|| ||John Hart||Whole period|| Corporate trustees – names of the directors at the date the report was approved **Director name** Not applicable Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** Not applicable ## **Funds held as custodian trustees on behalf of others** Description of the assets Not applicable held in this capacity Name and objects of the Not applicable charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for Not applicable safe custody and segregation of such assets from the charity’s own assets 7 ## **Additional information** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details Not applicable ## **Other optional information** The Wolverley Memorial Charitable Trust (no.1183888) was registered with the Charity Commission on 13 June 2019 and merged with the former Wolverley Memorial Hall Charity (no.523207) on 23 June 2020. The accounts for the year ended 31 December 2023 comply with SORP FRS 102 ## **Declarations** **Signature Full name** Graham Leslie Wallis **Position** Chairman **Date** 26 October 2024 8 R&Jistwed Cl*rity number 1183688 THE WOLVERLEY MEMORIA ARITABL RTHE R ENDE A D PALFREYMAN ACCOUNTANCY & TAXATION SERVICES LTD Hillgrove House WinbTook Bewd w0rc8ste￿hirE. DY12 2BA 11 sert￿ber 2024 COUNTANTS REPORT TO THE TRUSTEES OF THE WOLVERLEY MEMORIAL CHARITABLE TRUST I report to the trustees of the Wolverky Memrial chantab￿ Trust on my examination of the Trus¥8 accounts for the year ended 31 December 2023 As the ehartys trustees, you are responsible for the preparatsyi ofthe accounts in accordance wlth the requirements of the Charitses Act 2011. In accordance with your instructions, I have examined the financial statements wrth¢JJl carrying out an audit. I report in ￿pect of my examination of the Trusfs aC￿nts. and confimi that no matters have come trj my attention vthich give me cause to believe that the accounting reo)rd$ were not kept in acc4)Tdan¢e thith s￿n 130 of the Charities Act., or the accounts did not accord wlh the aczounting records,. or the accounts dKI not compty V￿th the appl￿b￿ reqU1￿ments c0￿Ming the form and content of accounts. I have no o)ncems arKI have corne xross no rnatters in (x)nn￿￿On wth the examination to which attent￿n should be drawn in this reFrf in order to enabte a proper understanding of the accounts to be reached. A D Palfr•yman FCCA A D Patfrnym•n Accountsn¢y & Taxallon S•rvlcM Ltd Hillgrove House Winbrook Bewdley Worcestershire DY12 2BA 11 September 2024 WOLVERLEY RIAL CFLARITABLE TRUST PALAN 1 DECEMBER 202 2023 Goneral Fund A$￿ts Deblo 5.796 Ca8h balarK8s OperaliTrJ bank aec¢JJrt Project bar& accourrt Cash in haThJ 10.692 15.922 71.416 518 84,148 86,543 87,664 93,460 5,635 Totsl assets Creditor8 arnl acCQ￿l¥ Not 888ats 79.734 87,826 R•pr88ant•d lry: Accumulated fL Brought fomard (dthitl of I￿L¥ne over 87.825 {8,091) .326 (8,501) 79.734 87026 Approved by: Tntstee 1 Tn&stse 2 2 é October 2024 E WOLVERLEY MEMOR14L HARITABLE TRUST INCOME AND EXPENDtTURE ACCOUNT R ENDED 31 DECEMBER 2023 2023 2022 Income Dona￿n3 1.215 Grants Wyre F¢xest Di8t￿t cow￿11 2.867 ParLsh Council Nat￿1 Lcltery 3.074 40,360 46.101 19.910 Hire of l*ll 23.431 Rental income wO￿TleY Sports & s￿*1 Ck Wofverfey T8nnb Chjb Cadert Gas Wesiem Pov*W 1,1CKI 432 250 24 1.1(KJ 626 250 24 2.000 other I￿ome Car boot sa￿5 F¢xrfJ and dry Other 1,758 1,147 12.785 16.128 3.967 Totsl Inc¢)mo 48,107 73.193 Grarts Wages utilties Stationery aTrJ offKe Event costs Irtsurance Repairs and mantena￿e Professional fees Bad debts Bank ¢havJes 18.991 3.131 6,953 2,669 165 2,360 2,081 66,409 672 246 139 10.035 2.252 16.045 S.(M)1 56,198 81,694 Excèss {deficltl of I￿om• owr oxK*NIItt 8,0911 {8.501 THEW LVERLEY MEM rrABLE NOTES TO rs YEAR ENDED 31 DECEMBER Prop•rty fund Total Accumulat•d fund At 1 Jan￿ry 2023 71,633 87.825 Exoss Idefritl af créar ewJitL*e ( 9,￿) 1,305 8,091) At 31 Do¢•ffl￿r 2023 79.734 At l jarn￿ry 2022 26,(￿1 70,325 .326 E>tes8 (deftit} over ewjlwe ( 9,809) 1.308 8.501} At 31 D•c•mb•r 2022 16.192 71,633 87,826 Po•t Bal¥￿ Sh•8t Event The debtors f¥Jure crf £2.3% as at 31 December 2023 incI￿￿e$ an OlrtSts￿1Ing debt of £1,333.67 from Wo* Lawn Terni5 Ckkn. Thk8 amoLfrt rwnains LryaNJ and t￿ Charty rd in dispute wrth Wofverty TeNr£ aTrJ t￿rth il i& pco* IfrAt wrthnt will not t¢ pa*J. AccouKfANTS REPORT TO THE TRUSTEES OF THE WOLVERLEY MEMORIAL CHARITABLE TRUST I report to the trustees of the Wolverky Memorial Charitsble Trust on my examination of the Trusfs a¢counts for the year ended 31 December 2023. As the ¢harityg trustees, you are responsit)le for the prepara1m￿ ofthe accounts in aco)rdance wlth the requirements of the Chantses Act 2011. In accordance with your instructions, I have examined the financial statements wrthout carying out an audit. I report in ￿Pect of my eXaMinat￿n ol the Trusfs a¢￿unts. and v)nfimi that no matters have come to my attenbon ￿lch give me cause to believe that the aC￿u￿bn9 records were not kept in accordance s￿n 130 of the Charities Act,. or the accounts did not acc