Charlbury Comer House and Memorial Hall Trust
Registration No.: 1196206
Financlal Statements for the year ended 31 December 2023
The trustees present their report together with financial statements for the year ended 31"
December 2023. The financial statements comply with the Charities Act 2011, the Constitution, and
Accounting and Reporting by Charities preparing their accounts in accordan￿ vrith the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 effective I" January 2019.
Achievements and performance
2023 was the chariV5 first full year of managing The Corner House and the Memorial Hall. having
taken over responsibility for them in Juty 2022.
The charity continued to maintain its financial viability through a number of income Streams,
including the short-term hire of individual rooms. and longer-tenn agreements wtth a social welfare
support hub: a small international charty (office space): the local Art Society {a studiol- and
Charlbury Museum, which has occupied a significant portion of The Comer House for some 60 year&
Other income was derNed from Town Council suppjrt. donations. and the major contribution made
through the fund-raising efforts of Street Fair, which was established in times past specifically to
raise money for the buildings. The current trustees have deterniined that Street Fairfs donations are
set aside to help fund the chariV5 proposed renovation of The Corner House.
To that end, during the year the charity took advantage of the services of a local architect who is
experienced in handling listed properties to draw up proposals for enhancing the usability of The
Corner House as a communityvenue. and reducing its environmentsl footprint, while maintaining
the buildin<s heritage value. Following consultation in the town. a planning application was
submitted to the lo(31 authority in mid-year. However. invtial indications were that the council's
officer with responsibility for listed buildings had reservations about aspects of the proposal, which
was subsequently withdrawn to allow modifications to be made to it. While this was disappointing,
it did allow the charity to explore other. related topics. This in tum led to the installation of high-
efficiency electric Space heating on a trial basis in one area, and low*nergy lightlng in some rooms.
The decision was also made to disconnect the natural ga5 Supply to The Corner House as a means of
reducing its carbon footprint. In addition, the charity commissioned a thorough suryey of the
potential for making fvrther improvements to the bulklin￿5 energy efficiencry. Funding for this was
obtained from Sustainable Charfbury, which draws tts resources from surpluses generated by a local
community-owned solar fam.
An in-house second-hand bookshop provides the charity with a significant source of donations, and
is now recognised as being a leading outlet in the district. Its success led to the decision in 2023 to
devote further space within The Comer House to book sales, wrth the expectation that the charitvs
investment in new shelving would have a short payback time. The increase in bookselling space
does not appear to have impacted room-hire revenues.
Maintenance is an on-going issue. especiallyfor The Comer House. given that parts of the building
date to the 17, Century. Roofs in particular are difficult to assess, and to this end the charity
commissioned a drone survey of the roofs of both The Comer House and the Memorial Hall. The
images received provided a hIg￿qUalIty resource for assessing future maintenance requirements.
One disappointing item during the year (Sin￿ fully remediated) was the realisation that errors had
been made during the initial installation of the charitys new computerised accounting system. The
effect was. unfortunately, cumulative to the point where the problem was identified. The end result
was the charitvs inability to submit tts annual retum for 2022 by the due date, wtth dispensation
received frorn the Charity Commission in view of the Circumstan￿5.

Charlbury Corner House and Memorial Hall Trust
Registration No.: 1196206
Financial Statements for the year ended 31 December 2023
Reference and administratlve detsils
Trustees at 31" December 2023 were:
Name
Roy Scott
Paddy Gallagher
Brian Ford
Simon Walker
John Partington
Timothy Crisp
Office
Chairman
Appolnttng body
Initial trustee
OCC and WODC counallors
pcc
Initial trustee
The trustees
Charlbury Town Council
Treasurer
Secretary
Roy Scott and Simon Walker are scheduled to retire at the end of their initial temi during 2024.
Charlbury Town Council acts 85 the charity's custodian trustee in respert of the freehold of the
properties underour management.
Our bankers are UnityTrust Bank.
Objects
The objects are.. The provision and Maintenan￿ of The Corner House and the War Memorial Hall for
the use of the inhabitsnts of Charlbury and the surrounding area without distinction of political,
religious or other opinions. including use for.
(al meeting5, lectures and classes-
Ibl other forms of recreation and leisure-time occupation. with the object of improving the
conditions of life for the inhabitsnts- and
{cl any other charitable activity for communtty benefit as the trustee5 shall think appropriate.
Governing document
The Charlbury Corner House and Memortal Trust is a Charitable Incorporated Organisatlon
registered with the Charity Commission with number I1962(￿.
The Constitution adopted on 11 October 2021 sets out the way in which The Charlbury Corner
House and Memorial Trust is to be governed.
Recrultment and appointment of trustees
The charrty may have up to nine trustees. who are appointed for initial three-year terms and may
stand for reappointment. Charlbury Town Council may appoint up to three charity trustees. and
committee comprising the Oxfordshire County Council councillor representing Charlbury and the
two West OxFordshire District Council councillors representing Charlbury may appoint up to two
charity trustees, and the Parochial Church Council for Charlbury may appoint one charity trustee.
The trustees themselves may also appoint or reappoint members to the trustee board.

Charlbury Corner House and Memorial Hall Trust
Registration No.: 1196206
Financial Statements for the year ended 31 December 2023
Induttlon and tralning of trustees
New trustees are appointed in cognisance of the skills and experience that they can offer to the
charity. Several l)oard members are a150 trustees of other charities. New trustees are also provided
with appropriate support and guIda￿e to enable them to fulfil their responsibilities to the charity.
Risk Management
The charity aims to provide a safe environment for the individuals and organisations that make use
of its facilities to do so without coming to ham). In this context. one of the trtsstees has
responsibility for all aspects of health and safety as it relates to the property. The trustees require
safety and safeguarding during the use of our facilities by others to be the responsibility of those
individuals and oreanisations.
The charity maintains suffKient reserves to cover its immediate requirements, with surplus funds
being held in secure current and savings bank accounts.
Organlsational structure
Trustees meet monthly to make appropriate decisions regarding The Charlbury Corner House and
Memorial Trust. In thi5 they are 5UPPOrted by a book-keeper. who also has responsibility for
managing the booking system used by hirers of our facilitie&
Public benefit
In providing the charity's facilities for use by others in the community, the trustees are mindful of
the Charities Act 2011 'public benefit requiremeny in all of their activities. Our objective is to
provide The Comer House and the Memorial Hall forthe use of the inhabitants of Chadbury and the
surrounding area. We believe the 'Achievements and Perfomiance, section above amply
demonstrates the very real difference we make to the Itves of people in the areas that we serve.
In our view, our activities help towards achieving the following public beneftts:
The relief of those in need by reason of age. ill-health, disability, financial hardship or other
disadvantage-
Helping to counteract loneliness and isolation-
Providing facilities for education. entertainment and other social activities- and
Supporting other local otEanisations such as the Charlbury Museum and Heritage Centre.
Membershlp
Our trustees are our sole members. on￿ a trustee leave5 Offi￿ they cease to be a member.

Charlbury Comer House and Memorial Hall Trust
Registration No.: 1196206
Financial Statements for the year ended 31 December 2023
Finantial review
Princi al fundin
sour￿5
On a day-to-day ba51S, the charity recerves most of tts income from hiring spaces within its facilities
to other user5 Wlthin the community. In addition to regular and occasional short-term users, the
charity has three longer-term users who have office or studio space with The Comer House. Since
the 1960$ It has also prowded premises for the Charlbury Museum and Heritage Centre, albeit at a
peppercorn annual fee.
The charity also beneftts from the contribution5 donated specifically for the maintenance of The
Corner House by the ooanisers of Charlburfs annual Street Fair. In this context, we wish to
acknowledge with full gratitude the input that the charity receives from local volunteers, both
individuals and the organisers of Street Fair. It would not be able to fvnction without them.
The charity has a policy of pursuing applications ft)r grants from local govemment when these are
available, and of seeking 5UPPOrt from other donor organisations particularly for funding our longer-
term renovation projects for The Corner House.
Results for the
ear
As noted above, 2023 was the first full year for which the charity had responsibility for the
management of The Corner House and the Memorial Hall. As such. the previous yearfs results are
not strictly comparative. representing On￿ a few Months.
The charity recorded totsl incorne of £50.158 for the full year, against total expenditure of £47,051.
resulting in a surplus of £3.107. Of the income. just over £32,IXKJ wa5 achieved from space hire
charges. with Street Fair contributing £IO.(n) from its fund-raising activities on our behalf. Varlous
small development projects at The Corner House incurred costs totalling just over £9.4(XJ.
Major expendituie items included utilrties. insurartce. cleaning and regular maintenance. together
with the fees charged for book-keeping seNice5.
Reserves
The charity has instituted a system of ring-fencing a proportion of its cash assets for use in a major
renovation project that is being planned forThe Comer House. These ftsnd5 are kept in a separate
bank account, and are augmented whenever possible from donations re￿iVed from various source5,
including Street Fair. In addition to these. the charity holds sufficient reserves to cover tts
immediate requirements.
Plans for future periods
Building on work that was stsrted by its pred￿$SOr organisation, the charity has been developing
plans for the renovation of The Corner House, wtth the aim of improvirE its facilities as a communty
hub. This will require substantial investment to rnake the building more sustainable and energy-
efficient, and to provide it with better a￿sSibil[ty. The time-scale for this to be achieved will
depend on a number of factors. not least of which will be obtsining listed-building planning consent
from the local authority. The trustees believe that there are good opportunities for securing funding
to cover a major part of this work from a range of heritsge-focused donor bodies.

Chartbury Corner House and Memorial Hall Trust
Registration No.: 1196206
Financlal Statements for the year ended 31" December 2023
Trustee< responsibility for the finandal statements
The trustees are responsible for preparing the trusteeg report and the financial statements in
accordan￿ with general applicable law and Untted Kingdom Accounting Standards Iunited Kingdom
General Accepted Accounting Practi￿1.
The law applicable to charwties in England and Wales requires the trustees to prepare financlal
statements for each financial year which gNe a true and fair view of the state of affairs of the charity
and of the incoming resources and application of resou￿5 of the charity for that period. In
preparing these financial statements, the trustees are required to-
select suitable accounting policies and then apply them consistently.
observe the methods and principles in the Charities SORP.
make judgments and estimates that are reasonable and prudent-
state whether applicable accounting standards have been foll0v￿d, subject to any material
departures disclosed and explained in the financial ststements- and
prepare the financial statements on the going con￿rn basis unless it is inappropriate to
presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disc105e with reasonable
accura￿ at any time the financial position of the charity and enable them to ensure that the
financial statements comply WFth the Charities Act 2011. They are also responsible for safekeeping
the assets of the charity and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the charty and financial
information included on the charrws website. Legislation in the United Kingdom governing the
preparation and dissemination of financial statements may differfrom legislation in other
jurisdictions.
Signed on behalf of the trustees".
Roy Scott
Sirnon Walker
Chairman
Secretary
20, October 2024

Independent examinerfs report to the trustees of Charlbury Corner House and Mernorial Trust
I report to the trustees on my examination of the accounts of Charlbury Corner House and
Memorial Trust foi the year ended 31 December 2023
Respective responsibilities of trust￿ and examiner
As the trustees of Charlbury Comer House and Memorial Trust you ale responsible for the
preparation of the accounts in accordance with the requirements of the Charities Act 2011
I'the Act'l.
I report in respect of my examination of the accounts of Charlbury Corner House and
Memorial Trust carried out under section 145 of the 2011 Act and in carrying out my
exafnination I have followed all the applicable Dirertions given by the Charity Commission
under section 14515llbl of the Act.
Independent examinerfs statement
I have completed my examination. I confirm that no material matters have come to mv
attention in connection with the examination giving me cause to believe that in any material
respect..
1. accounting record5 were not kept in respect of Charlbury Corner House and Memorial
Trust as required by section 130 of the Act- or
2. the accounts do not accord with those records: or
3. the accounts do not comply with the accounting requirements concerning the form
and content ofaccounts set out in the Charities (Accounts and Reportsl Regulations
2008 other than any requirement that the accounts give a 'true and fair view, which is
not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the
examination to which atte
erstanding of the acc
unts to be reached.
M J Alexander FCA
The Crofts
Witney
OX28 4AD
20 October 2024

Charlbury Corner House and Memorial Hall Trust
Registration No.: 1196206
Financial Statements for the year ended 31 December 2023
PRINapAL ACCOUNTING pouaES
The financial ststemerts have been prepared under the historical cost convention with items
recognised at cosL The financial Statements have been prepared in accordance with the Statement
of Recommended Practice= Accounting and Rewrting by Charrties preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
1021 issued on 16 July 2014 and the Charitie5 Act 2011.
The Charity constitutes a public benefit entity as defined by FRS 102.
The financial statements present a true and fair view and the principal accounting policies of the
charity. They have been prepared using the going concern basis of accounting as the trustees believe
the charity has sufficient resources to continue in operation and meet its liabilities and obligations to
its member5
INCOMING RESOUR
Recognition of income is included in the Statement of Financial Activities {°SoFA") when:
the Charity becomes entitled to the re￿u￿5.
it is more likely than Th)t that the trustees will receive the resources- ond
the monetary value can be measured with sufficient reliabilty.
There hès been no material offsetting of assets and liabilities, or income and expenses.
Grants and donations are only included in the SOFA vthen the general income recognition criteria {as
set out above) are met.
The value of any voluntary help recerved is not included in the attounts but 15 described in the
trustees, annual report.
RESOUR￿ EXPENDED
Expenditure is recognised where it is more likely than not that there is a legal or constructive
obligation committing the Charity to pay out resources and the amount of the obligation can be
measured with reasonable certainty. Expenditure comprises those costs incurred by the charity in
the delivery of its acttvities and servi￿5 for tts benefiaaries.
TAXATION
For taxation purposes, the Charity is treated as a non-profrt making organisation and as such there is
no corrxiration tax liability-

Charlbury Corner House and Memorial Hall Trust
Registration No.: 1196206
Financial Statements for the year ended 31 December 2023
Income and Expendlture Acc(x4nt for the year ended 31" December 2023
2023
2022
INCOME
Community Fund grant
Donations
Fund raising
Book sales
Corner House income
Memorial Hall income
Memorial Hall and Corner House income
Other income
TOTAL INCOME
3,104
1,077
1,21N)
1,603
2,666
3.267
10,859
21,511
3.445
340
50.158
19.360
EXPENDrruRE
Comer House
Business rate5
Electricity
Equipment
Gas
Maintenance
Telephone
Wifi
Water
155
2,463
153
595
2.219
2￿)
39
40
1,443
245
75
519
6.479
2.802
Memorfal Hall
Business rates
Electricity
Equipment
Gas
Maintenance
TV licence
122
1.355
276
2.673
4,215
159
105
181
4,403
159
Comer House development
9,443
General administration
Software subscriptions, stationery etc
Annual licences
Bank charges
Cleaning
Insurance
Book-keeper
Waste
Website
Refunds
1.070
325
107
4.070
5,042
769
70
54
3.065
4.565
5.3
538
240
311
14.912
1,196
651
22.329

Charlbury Comer House and Memorlal Hall Trust
Registration No.: 1196206
Financial Statements for the year ended 31 December 2023
TOTAL EXPENDITURE
47,051
23.594
Surplus/(DefKit) for the year
3,107
{4234}
ReseNes brought forward
28.558
32.792
Reserves carried forward
31.665
28,558
Balance Sheet at 31 December 2023
2023
2022
Bank balances
Debtors- letting fees
27,822
3,843
25,886
2,672
Total assets
31.665
28.558
Financed by
General reserve
31.665
28.558
The financial statements were approved by the trustees on 20 Ottober 2024.
Signed on behalf of the trustees-
Roy Scott
Simon Walker
Chairman
Secretary
20 October 2024

Charlbury Corner House and Memorial Hall Trust
Reglstration No.: 1196206
Financial Slatements for the year ended 31 December 2023
NOTES TO THE FINANCIAL STATEMENT5
NOTE I GRANTS AND DONATIONS
Grants received by the charity contain variou5 conditions that have to be followed. In the event that
a grant-maker determines reasonably that these have not been followed. repayment might be
requested. The trustees are. however. rtot aware of any circumstance that might result in repayment
being requested.
NOTE 2 PAYMENTS TO TRUSTEES AND CChNNECtED PERSONS
No trustee or person with a family or business connection with a trustee. received remuneratlon in
the period. directly or indirertly, whilst servinE as a trustee from the charity.
NOTE 3 CAPITAL COMMrrMENTS AND CONTINGEKf UABILrriES
At 31 December 2023 the chartty had no capitsl commitments or contingent liabilities.
NOTE 4 FUNDRAISING
For many years. the charity and its predecessor organisations have been ￿lIant on funds raised by
Street Fair to help cover the costs of running the buildings for which it is responsible to the
community. More recentty, the trustees have opted to separate out these donations with the aim of
building-up a reserve for future renovation projects in The Comer House.
NOTE 5 SPACE411RE INCChME
Different income streams are generated by The Comer House and the Memorial Hall. M05t of the
Corner Hall income is from long-term users. with only occasional short-term hire. By contrast, all of
the income from the Memorial Hall comes from short-term space hire. a considerable amount of
which is repeat business.
NOTE 5 CORNER HOUSE DEVELOPMENT
Differentiated from regular Maintenan￿ expenditure. development costs are incurred for items
such as installing lowenergy lightin& improving insulation and any other projects aimed at making
the building more sustsinable and a¢￿ssible.
io