Broughton War Memorial Institute CIO
Trustees Report
Bankers HSBC plc
Contact Information broughtonwmi@gmail.com
Address Broughton War Memorial Institute Main Road Broughton War Memorial Institute Flintshire CH4 0NN
The Trustees present their annual report with the accounts of the charity for the year ended the 31st of December 2024.
THE OBJECTS OF THE CHARITY
The objects of Broughton War Memorial Institute CIO (herein after referred to as BWMI) are:
The objects of the CIO are: the provision and maintenance of a village hall for the use of the inhabitants of Broughton and district without distinction of political, religious or other opinions, including use for meetings, lectures and classes and other forms of recreation and leisure time occupation, with the object of improving the conditions of life for the inhabitants.
In planning our activities for the year, we kept in mind the Charity Commission's guidance on public benefit at our Trustees meeting.
GOVERNANCE AND MANAGEMENT STRUCTURE
BWMI is a charitable incorporated organisation (Foundation Structure), who’s only voting members are its Trustees, which was registered on the 7th of September 2020. The CIO shall have a Board of Trustees comprising at least three persons. New Trustees may be recruited to the board at any time by the Trustees. In selecting individuals for appointment as Trustees, the Trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. The Trustees may, by and from their number and from time to time, elect such officers e.g. chair, secretary, treasurer, as they see fit.
The Institute Committee meet in the hall at least bimonthly.
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Broughton War Memorial Institute.
Charity registered in England and Wales with Charity Number: 1191165 Charity registered in England and Wales with Company Number: CE023830
BACKGROUND
The Memorial Hall was provided by the former Prime-Minister's Gladstone/Hawarden Estatesi in 1926 to be used by the residents of Broughton village for hire and recreational events without political or religious exclusion. The hall is a fully accessible and inclusive community facility.
PERFORMANCE DURING THE YEAR
The board of Trustees and Committees was refreshed during the year with a renewed, positive focus on community engagement.
Available funds are being put to Hall maintenance and improvement, alongside subsidised community enjoyment of the Hall facilities.
During 2024, the hall been hired for various private and public social events, alongside regular community based hirers. In available un-allocated spaces, the renewed board of Trustees and Committee Members have actively sought to provide subsidised community events including Remembrance, Christmas themed days, Halloween, flower arranging and book club amongst others. These events have been well attended and we are hoping to continue to hold similar and and expanded array of events throughout 2025.
The regular hirers of the hall include:
-
BWMI itself (community events), "Seniors" , Slimming World, toddler groups and fitness classes. - "Dancing Gemz" providing dance classes for children of all ages. There is an annex to the main hall which is rented exclusively by the dance group. It is used most days of the week and is a really well attended provision which is greatly appreciated by the parents who take their children to the dance classes.
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All age, boxing classes which take place four times a week. The classes are very well attended.
There are separate buildings on-site which exclusively host the local Scout group and the Broughton and Bretton Bowling Club, with the continued agreement and blessing of the Trustees. Both of these facilities are well utilised and share the car-park facilities.
PLANS FOR THE FUTURE
The hall and annexes will continue to be used on a regular basis and will be available for hire for functions.
The Committee will continue to encourage the local residents to use the facility as much as far as possible.
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Broughton War Memorial Institute.
Charity registered in England and Wales with Charity Number: 1191165 Charity registered in England and Wales with Company Number: CE023830
The Committee will continue to hold events to raise money towards the running costs and also to help other charities in the village. Greater collaboration is actively being sought with other likeminded, local community facilities.
Ongoing maintenance work will be carried out to ensure the buildings are kept in good running order. The car-park and site drainage are a priority alongside renewal of the heating system.
FINANCIAL REVIEW
BWMI’s policy on financial reserves is to hold sufficient resources to continue the charitable activities of the BWMI for at least 12 months, should income and fundraising activities fall short.
Any surplus funds which are not likely to be needed to pay for activities will be placed on deposit to earn interest. There remains a need for us to continue to ensure that those to whom we direct our resources are the most suitable recipient and that we continue our prudent management of outgoings with foresight to fulfilling the Hall's community remit. Funds are currently adequate for any 12 months unanticipated shortfall but would need to be bolstered to support the key capital projects for car-park, site drainage and heating system renewal alongside any unforeseen needs arising in 2025.
Approved by the Trustees on
14th Februrary, 2025
Signed By
Daniel Pascall (FCA) Trustee BWMI Treasurer
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Broughton War Memorial Institute.
Charity registered in England and Wales with Charity Number: 1191165 Charity registered in England and Wales with Company Number: CE023830
We rnport to the trustees on our examkHtIDn of the acmunts af the BrOtOn War Memo1 Instttute forthe yearended 31 DecaMber 2024. As the eh•iity tntstee$ of the Tnryt YOU Arn resp0fte for the preparnthn.of the •ccounts In ccorthnce wSth the requlrements of th• CIAfitles 20111'th• Acr). We Tem kn respett of ow uamhuth)n of the Trusvs accourrfs orrfod rxrt under Mctlon 145 of tho . 2011 ALL lil cdiiyh¥ I1 oui ex¥nilnatlDn we ha folbwèd xll tho appllcable Dlreclluns8fv411 by th• Chilty Commluknn ur#r se¢tloh 14515Xb) of the kt. Ind•p•ftd•rt •x•mlnrfs 4l•t•m . We have Completed our wmth•tlon. We can tht no mthrfal rn•ttèrn have come'to our attontlon In ronnortlon wlth tho exam1rtIon causo io I1¥0 LI1 tn any matortiil rlrt. 1. afrnynilnff reeordi rn>t kept In reyrt of t Tfust •% try Wth ol Artj or W• hav• no ¢onc•rns arnl come acrnss noother m•ttors In tonnKUon Tlth examimuon to wIMLli 41lwilI1 slxrtthl lil Ilith ieFxMI hi tydei lo ei¥lAe d pioki uixleis141Mlli¥' ol Ilie AddrMs.'Johrthtone Hawell & Lo, ltsl Whitby VorL u1rn, LNbS IA411 lJ•t•: J4ivAIIuAs P8ge 4 Brou8hton W•r M•rnorlo1 In•tltutO. Ch8rity T49t8r0d in En8land •nd Wales with Charity Numb8r 1191165 Charity rWster in Enand and Wale$ with Company Number. CE023830
Broughton War Memorial Institute CIO
12 months ended 31 Dec 2024
Profit and Loss
| Sales | 2024 2023 |
|---|---|
| Regular Hire and Tenants One off hire Grants Bank Interest Other Total Sales Direct Expenses Events & Reimbursements Total Direct Expenses GROSS PROFIT / LOSS Overheads Maintenance and Labour Utilities Rates & Insurance Broadband and Phone Accountancy & Professional Computer and Printing Site Safety Bank Charges and Interest Licenses and Subscriptions Accruals Miscellaneous Total Overheads NET PROFIT / LOSS |
17,367 £ 18,406 £ 1,293 £ 1,889 £ 3,000 £ 4,500 £ 471 £ 245 £ 35 £ 89 £ |
| 22,165 £ 25,129 £ 1,639 £ 241 £ |
|
| 1,639 £ 241 £ £ 20,526 £ 24,887 £ 10,019 £ 19,177 £ 3,967 £ 3,119 £ 1,620 £ 1,529 £ 539 £ 415 £ 604 £ 610 £ - £ 451 574 £ £ 664 £ 68 £ 68 £ 304 £ 53 £ 146 £ - £ 14 £ 145 £ 17,853 £ 26,230 |
|
| £ 2,673 -£ 1,343 |
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Broughton War Memorial Institute.
Charity registered in England and Wales with Charity Number: 1191165 Charity registered in England and Wales with Company Number: CE023830
Broughton War Memorial Institute CIO
31st December 2024 Balance Sheet
| Fixed Assets Fixed Assets Current Assets Current Account Reserve Account Debtors Petty Cash Total Current Assets Total Assets Current Liabilities Accruals - 2025 bookings listed in assets Total Current Liabilities Liabilities > 1 year Total Liabilities Total Net Assets Fixed Assets Profit and Loss Reserve Financial Year Profit / Loss |
2024 2023 - £ - £ 1,758 £ 22,547 £ 41,082 £ 17,516 £ 56 £ - £ - £ 14 £ |
|---|---|
| 42,895 £ 40,076 £ £ 42,895 £ 40,076 146 -£ - £ -£ 146 £ - - £ - £ -£ 146 £ - |
|
| £ 42,749 £ 40,076 2024 2023 £ 40,076 £ 41,419 £ 2,673 -£ 1,343 |
|
| £ 42,749 £ 40,076 |
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Broughton War Memorial Institute.
Charity registered in England and Wales with Charity Number: 1191165 Charity registered in England and Wales with Company Number: CE023830