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2024-12-31-accounts

Wolvey Village Hall Foundation C.I.O.

Wolvey Village Hall Foundation C.I.O.

’ - Trustees Report 2024 2025

2024

This was a big year for Wolvey Village Hall (WVH) having raised refurbishment funds and secured multiple grants from many supporters. WVH liquidated savings accounts and, together with the grant funding, we were able to commence refurbishment in May 2024, with an ambitious programme of re-opening for the first week of September. This meant a full closure of the hall with relocation of the regular users to nearby local facilities.

The works were to see a multitude of environmentally friendly upgrades to include extensive insulation upgrades throughout the building along with new windows, internal and external doors, new LED lighting, WC upgrades, 2 new fitted kitchens, decorating throughout with new flooring etc…, leaving the cherished wooden floors in situ (see comment below).

Remodelling of the back of the hall rooms to become a brand-new Garden Room with direct access onto the hall garden, accessible WC and serving hatch to kitchen 2.

Window blinds and new stage curtains added to the overall new look of the hall along with new tables and chairs throughout.

Usual issues were encountered during the works mainly down to the age of the building but nothing that could not be overcome.

The first week of September loomed and we managed to pull out all the stops to complete on time and to budget except for some minor extras which were required and covered by provisional sums.

WVH is supported well by the local community and some further afield regular bookings and we have managed to welcome back everyone from before the closure, along with many more local regular hirers. We have a well visited website and Facebook page, with many followers (490) and over 31,000 views per month.

Managed by 4 Trustees and a strong management team of 15 including a Chairman, Treasurer and Secretary (officers) who are also supported by local volunteers (The Coffee Crew) which number over 16, who regularly give up their time, to make the hall a welcoming place to be and to ensure the events all run smoothly. From Charity Coffee Mornings with mini explorers, Community Café, Tai Chi, Pilates, Easy Exercise, Indoor Bowls, etc… keeps us all busy and the hall a vibrant centre of our community.

Complexity of the accounts this year led to a late submission. However we needed to ensure everything was correct and our new Treasurer (Chartered Accountant) has completed the accounts to a high standard separating out the Capital works monies and the Revenue to

Charity Number: 1193439

Wolvey Village Hall Foundation C.I.O.

reflect the position following the refurbishment spend and true revenue and expenses. These accounts are submitted and lodged with this return.

2025

Still a challenging year to tie up the loose ends of the contract works and completion of the new Memorial Garden along with soldier silhouettes (male & female) and the addition of a new garden shed.

Works to the wooden floors are nearing completion (main hall planned in early 2026). Ongoing maintenance is always needed as the hall reflects the increased footfall and the planned security works (CCTV and new rear gate) adds to the chores of the team.

Updating of the policies and procedures along with the requirements to meet the increased workload of the hall have been ongoing, with the appointment of a Bookings Secretary to aid the smooth running of the calendar and diaries, supported by a nominated Social Media officer and a poster creator helps spread the load of the Officers.

Regular advertising by social media, posters, leaflet drops, local magazines and of course recommendation seems to continue the success of the hall.

It is recognised that huge thanks are needed for the team and the community without whom the hall would not be the successful place it is today and we look forwards to a successful 2025 -2026 and beyond.

Created by:

Craig Leach Chairman of the Trustees Wolvey Village Hall Foundation C.I.O.

Charity Number: 1193439

Created 16 January 2026 From Date 1 January 2024 To Date 31 December 2024

WOLVEY VILLAGE HALL FOUNDATION

(CIO)

Profit & Loss Statement

(All values reported in GBP)

Turnover

4000 General Sales 1,540.22
4010 Hall Hire 13,247.91
4011 Storage Charges 542.00
4012 Solar FIT 2,132.77
4013 Deposits Received/Retained 500.01
4200 Sales of Assets 101.17
4900 Bank Interest 56.05
4906 Grants 1,941.50
4907 Donations In 10,896.86
Total Turnover 30
,958.49
Less Cost of Sales
5000 General Purchases (1,432.41)
5010 Alternate Venue Hire Cost (1,528.00)
Total Cost of Sales (2
,960.41)
Gross Profit 27
,998.08
Less Expenses
7102 Water Rates (295.49)
7104 Premises Insurance (522.55)
7200 Electricity (1,099.2
4)
7201 Gas (2,811.5
0)
7502 Telephone and Mobile Charges (2.48)
7503 Broadband Internet and Fax (403.10)
7504 Stationery (80.95)
7506 Hosting Fees and IT Consumables (258.00)
7601 Audit and Accountancy Fees (150.00)
7603 Professional Fees (1,405.0
0)
7801 Cleaning (1,607.1
8)
7901 Bank Charges (6.76)
8002 Furniture/Fitting Depreciation (4,025.2
2)
8200 Donations (2,499.6
1)
8201 Subscriptions (367.56)
8203 Training Costs (12.00)
8204 Insurance (1,161.8
9)
8205 Refreshments / Staff Welfare (171.19)
8206 Repairs & Maintenance (331.38)
8207 Waste & Recycling (45.00)
Total Expenses (17
,256.1
0)
10
,741.9
Profit Before Tax 8

WOLVEY VILLAGE HALL FOUNDATION (CIO) Balance Sheet

Created 16 January 2026 Report Date 31 December 2025

(All values reported in GBP)

Fixed Assets

0010
Freehold Property
0012
Capital Expenditure
0013
REFURBISHMENT ADDITIONS
0030
Office Equipment
0040
Furniture and Fixtures
0041
Accumulated Depreciation
Net Book Value
Current Assets
Total Fixed Assets
979,660.00
446.67
261,418.01
1,171.77
37,769.10
(4,025.22)
33
,743.88
1,276
,440.33
979,660.00
446.67
261,418.01
1,171.77
37,769.10
(4,025.22)
33
,743.88
1,276
,440.33
979,660.00
446.67
261,418.01
1,171.77
37,769.10
(4,025.22)
33
,743.88
1,276
,440.33
1100
Debtors Control Account
1203
Wolvey Village Hall Foundation CIO
2100
Creditors Control Account
2200
Sales Tax Control Account
2201
Purchase Tax Control Account
Current Liabilities
Total Current Assets
723.83
63,128.59
34.02
143.09
2,215.62
66
,245.15
0014
Refurbishment capital Grants
1212
Wolvey Village Hall Foundation
2202
VAT Liability
Total Current Liabilities
NET Current Assets
Long Term Liabilities
Total Assets less Current Liabilities
(175,137.26)
(526.47)
(163.24)
(175
,826.97)
(109
,581.82)
1,166
,858.51
Total Long Term Liabilities 0.00
Capital and Reserves
NET Assets
1,166
,858.51
P&L Account
3011
Opening Balances
Total Capital and Reserves
64,133.02
1,102,725.4
9
1,166
,858.5
1
1

Wolvey Village Hall Foundation CIO

The Square, Wolvey, LE10 3LJ

YEAR END ACCOUNTS FOR THE PERIOD 01-01-2024 TO 31-12-2024

Prepared and checked by: - EDWIN WILLIAM IEUAN BLACKMORE - Chartered Accountant

Acting as Treasurer for and on behalf of: - Wolvey Village Hall Foundation C.I.O. (WVH)

These accounts have been created from the information contained within the “QuickFile” Accounts package operated by WVH for their day-to-day management of the Charity financials etc…

There are no issues to report and these accounts represent a fair and reasonable year end position of the Charity.

Accounts received, signed for and submitted by: - CRAIG ALAN LEACH - Chairman of the Trustees Wolvey Village Hall Foundation C.I.O. (WVH)

Signature:

Dated: 16[th] January 2026

Charity No. 1193439 admin@wolveyvillagehall.co.uk www.wolveyvillagehall.co.uk