## **Trustees’ Annual Report for 2021** 

## **H O Roe Charity** 

## **Charity Registration number 1190706** 

**Address:** 61 Church Road, Stotfold, Hitchin SG5 4NE 

## **Trustees:** 

Revd William Britt Stephen Hardman Jennifer Bennett 

## **Structure & Management** 

The H O Charity was registered as a CIO Foundation on 3 August 2020. Its trustees are the Vicar and two Churchwardens of St Mary the Virgin, the Church of England Parish Church in Stotfold, Bedfordshire. The H O Roe Charity is the governing body. It is assisted in the day-to-day running a community centre called the Roecroft Centre and the maintenance of a residential rental property at 97 Church Road by H O Roe Management Committee, which consists of the three Trustees of the H O Roe Charity, plus a treasurer, secretary and an appointed member, who are all appointed by the Trustees. 

## **Activities and objectives in 2021** 

For 38 years a separate, non-church charity, the Roecroft Centre Charitable Trust, admirably managed the Roecroft Centre but had to hand over running the centre and close its charity due the advanced age and failing health of its trustees. 

The H O Roe Charity began managing the Roecroft Centre on 1 January 2021. In 2021, a year in which bookings didn’t resume until May due to Covid and where rental activity was still significantly limited, 23 individual groups rented the Roecroft Centre for community clubs and activities. 

The H O Roe Charity has employed an architect to develop plans to give the former Victorian school an entrance, internal floors and toilets accessible to the disabled and to add a kitchen. Planning permission has been granted and the Trustees are currently applying for grants. 



## **Financial Review:** 

Our total income for 2021 of £18,826 was down because there was almost no hire income from the Roecroft Centre in the first half of 2021 due to Covid restrictions. On the expenditure side, there were two large one-off payments relating to the replacement of the heating system of the residential property and architects fees for drawing up plans for refurbishment of the Roecroft Centre. Expenditure exceed income by £5,433. We ended the year with reserves of £96,330. 

## **Governing document:** 

CIO - FOUNDATION Registered 03 Aug 2020 

What the charity does: Religious Activities Recreation Who the charity helps: No information available How the charity helps: Provides Buildings/facilities/open Space Where the charity operates: Central Bedfordshire 

(1) TO ADVANCE THE CHRISTIAN RELIGION IN THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN, STOTFOLD AND THE SURROUNDING AREA FOR THE BENEFIT OF THE PUBLIC THROUGH THE HOLDING OF PRAYER MEETINGS, LECTURES, PUBLIC CELEBRATION OF RELIGIOUS FESTIVALS, PRODUCING AND/OR DISTRIBUTING LITERATURE ON CHRISTIANITY TO ENLIGHTEN OTHERS ABOUT THE CHRISTIAN RELIGION. (2) TO FURTHER OR BENEFIT THE RESIDENTS OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN, STOTFOLD AND THE NEIGHBOURHOOD, WITHOUT DISTINCTION OF SEX, SEXUAL ORIENTATION, RACE OR OF POLITICAL, RELIGIOUS OR OTHER OPINIONS BY ASSOCIATING TOGETHER THE SAID RESIDENTS AND THE LOCAL AUTHORITIES, VOLUNTARY AND OTHER ORGANISATIONS IN A COMMON EFFORT TO ADVANCE EDUCATION AND TO PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION AND LEISURE TIME OCCUPATION WITH THE OBJECTIVE OF IMPROVING THE CONDITIONS OF LIFE FOR THE RESIDENTS. IN FURTHERANCE OF THESE OBJECTS BUT NOT OTHERWISE, THE TRUSTEES SHALL 



HAVE POWER: TO ESTABLISH OR SECURE THE ESTABLISHMENT OF A COMMUNITY CENTRE AND TO MAINTAIN OR MANAGE OR CO-OPERATE WITH ANY STATUTORY AUTHORITY IN THE MAINTENANCE AND MANAGEMENT OF SUCH A CENTRE FOR ACTIVITIES PROMOTED BY THE CHARITY IN FURTHERANCE OF THE ABOVE OBJECTS. 



## **NOTES ON THE ANNUAL ACCOUNTS** 

## **FOR** 

## **H.O.ROE CHARITY 2021** 

Total Income £ 18826.50 Total Expenditure £ 24259.93 Change in Balance £ -5433.43 

97 Church Road  Rents Paid £13100 True rent £ 11400 Reduction in owed debt £1700 Debt still owing £2370 

There are a number of one-off payments made during the year:- 

- Replacement of the Heating System in 97 CR £ 8394 - Solicitors fees for Land Registration £ 1500 - Architects Fees £ 5667 TOTAL £ 15561 

It should also be noted that there was almost no Hire Income for the Halls during the first half of 2021 due to Covid restrictions.  If we take the Hall income for the second half of the year and double it, we would have made £ 5546 more. 

Taking all these points into consideration we would have made a profit of £ 15674 for the full year. 

|Total funds at end of year|Current Account|£11602.80|
|---|---|---|
||Gold Account|£ 32003.06|
||97 Church Road Barclays|£ 52725|
||**TOTAL ASSETS**|**£ 96330**|



NOTE  This does not include the value of the site or buildings