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2025-03-31-accounts

Hungarton Charities

Registered Charity 1197960

Annual Report 2024-2025

Objectves and actvites

The name of the Charitable Incorporated Organisation (“the CIO”) is Hungarton Charities

The objects of the CIO are

To advance such charitable purposes (according to the law of England and Wales) as the trustees see fit from time to time in particular but not limited to the village of Hungarton, Leicestershire. This will be for the public benefit of residents and visitors to the village and surrounding area.

Specifically, to provide support by the means of grants, advice and other support as required for

To further such other purposes which may be charitable according to the law of England and Wales as the trustees see fit from time to time.

Achievements and performance

Hungarton Charities considers request from village organisations to support projects for the benefit of the local community towards the preservation, maintenance of village buildings and community areas, as well as supporting projects for young people and families.

The main fund raising event is our biannual Open Gardens weekend where several gardens are open to the public as well as demonstrations, craft stalls, refreshments and games. This brings the community together all working to raise money for our Youth and Sports Clubs, the Millennium Green ecology project, our Parish Church and Village Hall, as well as encouraging other environmental schemes in Hungarton.

The charity trustees met to consider charity business and to consider the applications for funding which had been received. The outcome of that process is indicated below.

Grant Requests and Outcomes 2024-2025

The Trustees made available a Grant Pool of £4500 for the year.

Requestor Purpose Amount Outcome Allocated
Village Hall Broadband 462.36 approved 462.36
Millennium Green Trust Insurance 286.42 approved 286.42
Sports Club Maintenance 500 approved 500
Church Insurance,Maintenance 3400 approved 3400
Total 4648.78 4648.78

- Plan for the next period (2025 2026), further grants etc.

The plans for 2025/26 are to hold the open gardens event in June 2026 and to explore further fundraising events to be held in the year between the open gardens. We would continue to encourage and develop the engagement of the community. The distribution of funds, the charities principal purpose, would continue.

Financial review 24-25

The Charity began the year with £ 11,780.20 in unrestricted funds.

During this year income from fundraising £ 16661.02 , interest £436.39 and donations £85 totaled £17,182.41

During the year expenditure was £2906.54 on costs and £6019.78 in grants

The Charity ended the year with £19516.29 in unrestricted funds

The Charities income is largely from fundraising events. With this in mind the Trustees maintain an unrestricted reserve fund to ensure adequate funds to enable grants throughout all financial years and for unexpected emergencies.

In accordance with the grant award policy the trustees allocated £4500 for grants in 20242025. The remaining funds used towards the running costs of the charity and to maintain the reserve.

Expenditure on charitable actvites

In total the Charity approved £6019.78 of Grants in 2024-2025. Additional targeted fundraising income allowed for some additional grant provision over and about the initially allocated amount for the year.

These grants were all used towards the charitable objectives, these are outlined above.

Grant Recipient Total
Amounts
Village Hall £792.36
Sports Club £500.00
Millennium Green £286.42
Youth Work £250
Church £3911.00
Environment Group £280
Grand Total £6019.78

Expenditure on Costs

Cost Amount
FundraisingCosts(includingcash use charge) £2798.90
Other Costs(excludingbank & Accountng) £47.64
Bank & AccountngCharges £60.00
Total £2906.54

Balance Sheet

Balance Sheet
April 25 April 24 April 23
Fixed assets:
Intangible assets - - -
Tangible assets - - -
Heritage assets - - -
Investments - - -
Total fxed assets 0 0 0
Current Assets:
Stocks 0 0 0
Debtors 0 0 0
Investments 0 0 0
Cash at bank and in hand 1179.84 856.95 2528.99
Total current assets 1179.84 856.95 2528.99
Liabilites:
Creditors < 1year 0 (100.00)4 (1006.13)
Net Current Assets 1179.84 756.95 1522.86
Provisions for liabilites 520.001 520.001 1200.002
Total Net Assets 659.84 236.95 322.86
Funds of the Charity
Unrestricted reserve3 18,856.45 10,923.25 13,000.00
Total Charity Funds 19,516.29 11,780.20 13,222.86

Notes

  1. £60 Banking and £460 for Village Hall Wifi

  2. £400 Banking and Accounting, £800 for Village Hall Wi-Fi provision

  3. Reserve; dedicated CAF Gold Reserve Account

  4. Awarded but not paid grant

Structure, governance and management

The charity trustees manage the affairs of the CIO and for that purpose exercise all the powers of the CIO. The CIO is managed in accordance with the foundation document and the Hungarton charities grant making policy.

The CIO does not employ staff or any external advisors.

There must be at least three charity trustees. If the number falls below this minimum, the remaining trustee or trustees may act only to call a meeting of the charity trustees, or appoint a new charity trustee. The maximum number of charity trustees is nine. The charity trustees may not appoint any charity trustee if as a result the number of charity trustees would exceed the maximum.

Current trustees

The trustees maintain communication with the local charities and groups that request grants on a frequent basis namely St John the Baptist Church PCC, Hungarton Village Hall, the Hungarton Sports Club and the Hungarton youth group. This is to ensure that activities within the area achieve maximum benefit in accordance with the charitable aims of these organizations.

Reference and administratve details

Registered Address: The Cottage, Main St, Hungarton, LE7 9JR Email: info@hungartoncharites.org.uk Website: www.hungartoncharities.org.uk

Banking Services are provided by

CAF Bank, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent ME19 4JQ