2024-12-31-accounts

Watermillock Village Hall Annual Report

Year Ended 31[st] December 2024

Administrative Details

Charity Name: Watermillock Village Hall CIO

Charity Number: 1186557

Address: Watermillock Villae Hall, Watermillock, Penrith CA11 0LR

Trustees: Stuart Shaw - Chair

Juliet Rodgers – Treasurer Andrew Petrie Jane Petrie Claire Beaumont Richard Lloyd

Independent Examiner: DCB Accountants Ltd

Bankers: HSBC

Charitable Objectives and Activities

As stated in our governing document the charities objectives are to run a village hall for the benefit of the inhabitants of the Parish of Matterdale. Providing facilities for recreation or other leisure time occupation of individuals who have need of such facilities and for the public at large in the interests of social welfare and with the object of improving the conditions of life for the inhabitants.

The main activities facilitated by the charity during the year were:

• Facilities for local groups to offer the activities for local residents including:

• Badminton

• Art

• Yoga

• Music

• Gardening

• Scouting

• Pantomime

• Facilities for local businesses to carry out their operations o First aid training

• Educational organisation visits to the Lake District

• Hosting of Events for local residents including a Harvest Supper and Burns Night

Financial Review

Income for the year totalled £20,947 compared to £17,022 in 2023

Expenditure totalled £19,786, resulting in a surplus of £1,161 compared to a small deficit (-£373) in 2023.

The main source of income in the year was the hire of the hall, while running costs in terms of the caretaking, cleaning, repairs and utilities are the main expenditures.

The trustees aim to maintain reserves equivalent to 6 months of running costs to ensure sustainability

The total funds held on 31//12/2024 were £44,740.84.

All funds are held for the purpose of the charity and none of the funds are restricted funds

Plans for the Future

The Charity intends to continue to act in line with its charitable purpose by ensuring the hall provides a valuable community resource for local people to meet, socialise and participate in activities

Statement of Trustees Responsibilities

The Trustees are responsible for keeping proper accounting records and preparing financial statements that give a true and fair view of the Charity’s financial position.

A Receipts and Payments Statement is attached. This is signed by an independent examiner.

Declaration

Approved by the Trustees on 22/09/25

Name: Juliet Rodgers

Position: Treasurer

Date: 22/09/25

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