GREAT OAKLEY VILLAGE INsrrriiTE CIO
Registered Charlty Mo. 1190627 {England & Wales)
REPORT AND Accouprrs FOR THE YEAR TO DECEMBER 31. 2025
INTRODiThOM
The tnjstees are pleased to present their Rem arKI Accounts, twhith have been drawn up on an
accruals bas75 USTng the historical c05t convention in accordance WTth the accountTnq EM)licies set out
in the notes to the accounts. They comply with the charity's goveming (kncument, the Charitles Act
2011 and 'Accounting and Rewrting by Charities: State¥n￿t of Rec¢Jnmended Practice {SORPI
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the United KTngdom and Repthlic of Ireland. IFRS 1021 I￿ated Jan￿ry 1, 20191.
The trustees are responsible for the pr0dwtI￿ of these accounts, *thich have been prepared to give
a tn* and fair view of the charity's affairs.
Income exceede<l £25,(KK) and an Indepen￿nt exarnlnatkm of these accounts was therefore
necessary.
All f￿￿S are unrestrlcted.
CHARrrY MAME. REGISTRATION NUMBER AND ADDRESS
The name of the charity is Great Oaklty Village Irtstitute CIO. though it TS kJ)own by many users and
residents as Great Oakley Village Hall. It is ￿lStered in England & Wale5 INO. 1190627).
The Secretary, Vivien Watson. is the correspondent and her address is 1A Brooke Road, Great Oakley,
CORBY, NN18 8HG.
The charlty doe5 not accept service of (*xuments thro￿ the Instltute itself. vhbith Is unstaffed and
has no receptacle for the receipt of corresporthKe.
TRUSTEES
There were STX trustee5 thro￿ the year. They are Chrls Godtdd, Trvmr Hayr￿, John Pearson.
Roger SkoyLes, Gorikn Steed and V7vien Watson.
The trust￿ have appointed the following of their n￿lber as officer5: Chalr (Trevor Haynes},
Secretary (vi￿en Watson) and T￿Surer (Chris Godboidl.
STRUCTURE. GOVERNANCE AND IAANAGEMENT
The charlty has the legal form of a CharitatAe Incorwrated Organization. It is govemed by the
Constltutlon dated July 29. 2020 and managed bl the trustees shown in Paragraph 3. There has to be
between three and twelve trustees and per50rG. property app)inted by their fellow trustees,
constltute the 501e mfflnbeT5hip of the d￿rIty.
Under the ConstitJJtion. trustees rnu5t be reSId￿t within Great Oakley (defined in the Trust Deed as
being within the area known as Great Oak1￿ and within ￿e kilixnetre of the historFc Oakley Hall),
but wlth the possibility of one being reSid￿t other than within Great Oakley. Every effort is made to
encourage residents and user5 to take an interest in the affair5 of the Institute and to encouTage
resident5 to consider putting themselves forward to bec(Kne trustees.
The trustees are required ￿der the Cortstitution to meet at least twice each year, but no￿nalLY meet
more often. In addition. there is frequent personal and telephone contact and frmail correspondence
between them to ensure that the Institute is managed effectively between meetings.

OWECTS
As set down in the Constitution, the charity exists to tKovide a village Institute for the use of the
inhabitants of Great Oakley without distlnction of px)litical, religious or other opinTons including use
for meetings, lectures, classes and other forn￿ of recreati(￿ and leisure time c￿cupation with the
object of improvlng the conthtiOr￿ of life for the said ithabitants.
PREMISES
The trustees lease the Institute ixjildirnd {which opened in August 20111 fr￿ the head lessee, North
Northamptonshire CcHJncil. The land is ovmed by Great Oakley Famis Limited (the superior landlordl.
The annual rental was set in 2011 aThJ is subjert to increase each two year5 in line with the Retail
pri￿ Index. The lease was re-assig￿ to the CIO ty the former unincorporated charity on March 19,
2022 and expires on September 28, 2(￿.
AcmV￿1Es
The trustees seek to maxlmlze use of the Instltute by regular users. While its purpose is to beneflt
the Inhabltants of Great Oakley, it is not P055ible lor, in the vie•Y of the trustees, desirable) to
restrlct use to such residents. Accordingly* l￿kIng5 are accepted not only from Great Oakley
residents, but frLwn those In the widef area {predtyninantly elsewhere within the area of the former
Corby Borough Council). The income generated by such L￿￿IngS helps ensure the finandal securlty
of the Institute; withcth this secwlty, there would be no facility for the residents of Great Oakley.
Following a public C￿￿ltatIOn exerclse, the tru5tee5 of the unincorporated charity detemilned
during 2016 that hiring of the Institute V•wld henceforth be restrlcted to regular hirers. The trustees
of the CIO have endorsed this decislon.
PUBLIC BENEFrr
The trustees have consldered the guIdar￿e Kyovlded by the Charity C(¥nmlsslon arKI beileve that their
actlvltles are vtholly charltable and provide public beneflt. A full statement aLx)ut wbllc benefit 15
available on request from the Secretsry.
RESERVES KILICY
The trustees have dete￿ined that a re5eTre should be established, to represent approximately two
years. Income. Thi5 15 to enable sufficient funds to be available to ensure the l¢)ng-tem security and
development of the Institute, Including provision for major repairs and enhancement5. The sum
required to meet this objective was of the order of £58,(KM) ¢*Jrin8 2025.
The trustees wish to prevffbt the cCrf￿fnue￿ bulid.w of reseNes unle55 or until they cease to
represent two year5, Income or there are fl￿ plans to ¥*rKI addit?onal funds on either
ImprOvem￿t5 or repairs to Instltute, but do ￿)t prop)se to re(kJce hiring charge5 as the impact
on hlrers would be limited, and there Temaln mary fIna￿la1 ￿￿ertaintieS ￿th contlnued Inflation
and a generally uncertain econ￿1( situation.
The hourly rate for hlrfn8 the Institute was irKreased to 112 early in 2023 and is considered
appropriate gFven the general (l￿11tTOn of the hall. Thls is ]￿jged to be g￿￿, but the trustee5 are
aware that major maintenance and repairs could alwa)s 1￿CoMe necessary a5 the hall nears its
fifteenth blrthday.
The cash reserve is heid in a bulldlng S￿iety accoLmt, providing securlty under the FSCS scheme and
a reasonable amount of income. Part of the total reserves is held in the fom of fixed assets.
Towards the end of the prevKXts year, the trustees became aware of a ￿tentIal liability In fe5pect of
VAT on electricity charges. It VRS not possible to quantify the extent of this, but it vtds discharged
through Britlsh Gas with only a limited Tmpact on re5eNes.

10.
POLICIES AMD PRIXEDURES
Being responsible for the provision of a safe, attractTve and fina￿lalIY secure facillty, the trustees
have examined the ri5k5 to vthich they. ￿ and the general public are exposed and they have
adopted p)licies and procedwes to minimize these.
The principal risks and ￿Certaint}eS are regularly examined a￿1 aw)ear to the tntst￿ to be:
A shortfall In bTh)kfngs
Lack of sultable actlvlsts
Fallure of a banker
Cash-flow difficulties
Users permitting inappropriate use of alcohol. tobacco or Illegal prOd￿ts
User5 failing to secure the premises when vacating them
Controls are In place to minimize the impact of these rlsks as weil as others Identlfled.
STAFF
The charlty ¢kn5 not fo￿allY employ any staff. has engaged the servi￿ of a cleanerlhandyman
for some whlle. The decision was tsken durfng 2024 to engage a dedicated cleaner so that the
exlstin8 occupant could devote more time to maintenance matter5. The new arrangements came Into
force at the start of 2025 and are worklng well. PayThent Is made In accordance with the
recommendatlons of the Livlng Wage Foundation, vthich exceed the statutory mlnlmum wage but are
felt by the trustees to be ethlcally sustalnable.
12.
REVIEW OF THE YEAR AND FINANCIAL ¥fANDING OF THE CHARir
We belleve that the hall remalns the rnost affordable In Corby and the tnstees have no wlsh to move
from thls F￿)sition. A 1055 of £4,044.73 occurred after meeting the hlstorlc VAT liab71ity referred to
earlier. the buTldin8 of an adth'tional storage ayboard and the purchase of rn0￿ of the stronser
chairs. There was no chan8e to the nwnber of fixed Idepreciatin81 assets. We lost one of the 8reatest
user5 of the hall during the year and prepared to Increase the hire charge to ensure sufficient
income, but It kyoved posslble to secure two additional bookings which more than coMp￿sated, so
the charge remains £12 an IKAW. The hall Is bel￿ ￿ed more than at any time in its history.
Our employees. Davld and Karen, make a ￿tal c(￿trit¥￿i0n to the runnlng of the Instltute, and we
are indebted to them, as well as to lan VI*￿ helps. We recelve much pralse for the conthtlon of our
premlses.
The cost of electricity remains ty far and avrdy wr greatest ￿4)e￿e, ÈW Vrithout meetlng the blll
for historic VAT liabilitle5. We Intend to ir￿1 air-conditioning to increase the comfort of hlrers and
prevent those running exercise classes having to Ca￿e1 because of the heat . an issue on several
occaslons this year. We are also corsitsing the possibility of using part of our reserves to Instal solar
panels to reduce electricity costs, but the case is not clear-cut.
A5 a resuli of the rwaluation of all tMJs1r￿$S wemises, the Institute has the benefit of small
trmjsiness rates relief, but retains statutory charitable relief. The increase in the rate5 bill has not
been welcome and further costs are expected as transitional reiTef is phased (Hjt.
Overall, we rate the financial standiTr4 of the charity as 'exceilent'. but we are never complacent.
13.
PLANS FOR F(fftIRE PERIODS
We are confident that the Institute is prowding an appropriate and attrartive environment for a
range of actiwties which benefit the I￿al aThJ wider communities and see no need to change our
hiring pollcies.

13.
PLANS FOR RffURE PERIODS (continued)
A5 mentioned in Paragraph 12, we are considering the installation of air-c¢J)dltloning and solar
panels. The fomer should be seen as a health aFKI safety requirement, whTle the latter would only be
undertaken if the finanthal case is 5trTh)g. We have a programme of planned maintenance lintertded
to be met from current incomel and believe that we shall be able to ensure that the Institute
remains safe, attractive and U￿t0-datè. Where fund5 pernilt and this is judged nece55ary, we shall
endeavour to continue to enhance the facilities. We continue to monitor the adequacy of car parking
and continue to seek a solution to the s￿rtage of this. A further payment was made to Great Oakley
Crlcket Club to a55iSt with repair5 to their car park. *thich is used by our hI￿r5. All hlrers will again
be exhorted to make use of the l(Kal bu5 servlces, so as to le￿￿e the need for parking 4)ace and to
beneflt the environment.
We shall continue to try to identify ne*1 trustees, as there Is a Ilmit to how long we can continue to
rely on the existing slx, all of vthom have already enjoyed their 70th birthdays.
14.
CONCLUSIOM
We believe we are r￿nIng the Instltute in the best interests of the people of Great Oakley, whlch
now conslsts of ar0￿d 1.CIXJ properties. (hjr biggest single challenge is to find a few people with7n
the vlllage to join us as trustees.
15.
LANCE SHEEf AT DECEMBER 31, 2025 (Please see the notes in Section 17 of thls reportl
At 31112125
At 3111212024
CURRENT ASSETS
At bank . current a(c￿nt
At Bullding Society
Net value of assets (Note A)
Total
£20.088.42
£50.746.58
£3,373.41
£74,208.44
£14,012.44
£59,3￿.40
£4, 12 1. 92
£77,494. 76
Debtors
Pre-payments to traders
Interest due from BuTldfng Soclety
Hiring charges receivable
£641.92
c5￿.￿)
£526.58
£750.
Add Totsl Debtors
£1.141.92
£1.539.58
£75,350.36
£79,034.34
Trade Crethtors- duè wlthln one year
British Gas . electricfity
North Northamptonshire Cc4Jndl - Insurance
Accounts Examinatiix)
£1.135.69
£1,C(K).CKI
£71XI.¢XI
1£2.835.69
£1,086.94
£850.(M)
£588.
(£2.524.94j
Other Credlt(ffs
Key dewsits INote B)
£4LM).
(£4C￿.￿)
£350.C
{£350.00)
Deduct Total Credltors
(£3,235.69
(£2,874.94)
Fund5 avallable at perlod end
£n.114.67
£76, 159.40

15.
BALANCE SHEET AT DECEMBER 31, 2025 (continued)
(Please see the notes in Section 17 of this report)
RECONCILIATION OF FUNDS
Total funds brought forward
Surplus Ilossl for the period
Total funds carried forward
£76.159.40
(£4,044.73)
£72.114.67
£70.747.88
£5,411.52
£76,159.40
16.
STATEME1￿ OF FINANCIAL AcnvmES (Please see the Th)tes in Paragraph 17 of this report)
INCOME
2025
2024
EXPENDrtURE
2025
2024
Hire of Institute
Building Soc Interest
Bank Interest
Bowls equipment sold
E29,175.¢J)
£1,136.18
£19.41
£29,302.
£1.470.81
£17.56
ElectricTty (Note G)
Pre￿ISeS Upkeep {Note Cl
Enhancements
Grass cutting (Note Fl
£13,185.65
£7,466.52
£4,187.80
£1,200.00
£3.079.18
£328.58
£690.41
£531.00
£433.77
£602.27
£50.00
£18.39
£195.27
E60.00
£748.48
£748.00
£800.00
£8,724.82
£5,559. 99
£4,309.20
£9LK).
£2,031.95
£285.89
£731.06
£497. 17
£402.86
£354.43
£96.99
£5.C
£95.01
£60.C
£748.48
£636.L
PPLIPRS
Insurance {Note D)
Water (Note E)
Rent
Buslness Rate5
Printing arKI statlonery
Postage and telephone
Miscellaneous
Bank charges
Depreciation
ACco￿ts &xarninati
Car parkini
Total
£30,330.59 £30,850.37
Total
£34,325.32 £25,438.85
17.
NOTES TO THE Accouirrs
A. The trustees have detemlned that Indfvldual flxed assets acqulred at a cost In excess of £500
shall be capitalized. and thelr value dweciated a 5traight-line basis over ten years
starting in the year of acquisiti￿. The folluwing assets have been wrchased:
ITEM
BOUGHT
COST
CUMULATIVE DEPRECIATION
CURRENT VALUE
CCTV system
Defibrillator
Bowls mat roller
CCTV enhanced
2019
2019
2019
2023
£2,658.Ci)
£856.80
E1,150.¢XI
£2,820.
£7,484.80
£1.860.60
£599.76
£805.
£846.(Kl
£4,111.36
£797.40
£257.04
£345.Cil
£1,974.Crf)
£3,373.44
B. Most hirers pay a kty i*pos?t of £25, vthich is ref￿K￿d if and v*then they cease hiring the
Institute and return the keys. The total value of deposits held at the date of the balance
sheet is shown a5 a creditor Illabllityl. Variations in thi5 f?gure affect the overall profit or loss
for the year concemed, but are very rni￿r given overall level of the charity's activitie5.
'Premises Upkeep, cover5 all eXplY￿ essential to the day.to.day running of the Institute,
includrng routine fixtures arKI fittings. minor improvements. appliances. repairs,
cortsumables. rnaintenance. Irtspectl0r￿ and servicing (but not costs of [aL￿ur or grass
utting, which are separately identified). No accourt is taken in these accounts of the value
of consumable5 of any kiThJ ￿ hand.

17.
NOTES TO THE ACCOUMTS (continued)
D. Despite the efforts of our pre(iecv4sor charity. it has never proved POSSTble to Say with
certainty what F)eri(xl 7s covered by any premium charged by CO￿ Bor0￿ CouncillNorth
Northamptonshire Council {NNCI in respect of building5 insurance. It 15 believed to be
charged in arrear5 for the co￿￿11 flnandal year concemed, and costs are accrued on this
basis. In practice, no a(fvice of chap4es has been received from NNC since its f0m￿tiOn in
April 2021. continuing the situatlon encountered with Coty BoroLwJh Council since 2015 with
costs fluctuat1￿ according to d)ar£ing peri￿ts in eariTer years and no charges made since
2016 despite regular enquiries. The preffli￿ for the remaining ri5k5 is paid to a commercial
insurer and is straightforward.
E. No prowslon is made in these accounts for any prtrpaS￿ertts or liabilities in relation to water
as liabilities cannot easily be calculated withwt acce5S to the water meter and - in any case
. they are not considered ITkeiy to be material in noThal Circ￿lsta￿e5. The supplier (Wavel
provydes accounts tvrice per year.
F. One trustee received payments totalllng £1,2LXI for grass-ojtting. No other trustees recelved
payments other than by way of reimbursement of actual expenditure incurred on items
required for the effective operatlon of the Instltute.
G. The Increase In costs Includes settlement of the hlstorlc VAT Ilablllty and payment of VAT at
20% throughout the year.
Adopted by the trustees on A•arch 27. 2026 and SI￿ed by the Chalr. Trevor Hayne5.

MOORE
Indop•nd•nt Examinerf$ Report to the Trustoos of Groat Oaklèy Willage Instltuts CIO
INe reF*￿1 on the accounts of the charity for the year ended 31 De￿mber 2025.
Re8P8Ctlv• re8pon81blllt168 of trustees and examiner
The charity's Iwstees are responsible for the preparation of the a£counts. The charity's trustees
cOns￿er that an audit is not required for this year under sect￿￿ 144{21 of the Charities Act 2011 Ithe
2011 Act) and that an ￿￿ependent examinatK)n ￿ nee(led.
It is our responsitslity to..
examine the accounts under secbon 145 of the 2011 ACL"
follow the procedure5 laid dcAvn in the gener81 DireclK)ns gNen by th8 Charity Commls$h)n under
section 145{5llb) of the 2011 Act,. and
Slats whether part￿ular matters have to our atténtbjn.
Ba818 of Indop•nd•nt •xamin*• r•port
Our examination wa8 caryied out in wrth the gener81 Directions given by the Charity
ComMiss￿n An examinatKJn indudes a revk8w of the accJxJnlirvJ recA)rds kept by the chaiity and a
comparison of the accounts pregented with those records. It also indude8 consideration of any unusual
rtems or drxlosures in the accounts and seeking expiinalions from you as trustees ￿ncErning any
such matters. The pr￿luTeS undertaken do not provide all the eVKlence that would ba required in an
audil and consequenty no wnton is given as to whether the accounts present a Irue and fair view..
arKI thè rèport is kmited to th08e matters set ¢)ul n the statoffonl be￿.
Indopendont •xamlnerfs stat•m•nt
In ¢onne¢tion wth our èx8nwnat￿n, M matter has com8 to our attention."
which gNes us reasonab￿ cause to belthe that, in any material respect. the requirements..
to keep Ko)unlng records in *oxdanc8 with 8e£ttin 130 Of￿ 2011 Act,. and
to prepare accounts which attord with the aru￿n￿n9 reLud8 and comply with the
accounting requirements of the 2011 Act
have not been met. Of
to whtch. in our OFinion. attention ¥houkl be drwn in orthr to ￿able a sxr4)er understanding of
the accounts to be reached.
Moor8
Chartered Accountants
Oakley House
Heathvay Bugness Pa
3 Saxon Way Wesl
Corby
Northamptonshire
NN18 9EZ
Dated.. 27 February 2026