TRUSTEES’ ANNUAL REPORT
This Report is for Malvern Wells Village Hall
Charity number - 1200714 Registered Company number – CE030429
The address of the Charity is – Malvern Wells Village Hall, 205 Wells Road, Malvern WR14 4HF The Report is for the period from 18 October 2022 to 31 December 2023.
The Charity is a Charitable Incorporated Organisation.
The Charity is governed by a Trust Deed approved by The Charity Commission on 18 October 2022
The Trustees of the Charity are:
Ian Robert Burrage (Chair)
Dawn Christina Jolley (Treasurer)
Nicholas Stephen Merriman (Secretary)
Kenneth Antony Beecroft Michael George Jackson
James Anthony Black (Resigned 28 January 2023. Appointed 28 March 2024) Doreen Graham (Resigned 29 December 2023)
David Arthur Walker (Resigned 20 February 2024)
Jean Valerie Williams (Resigned 12 March 2024)
Under the Trust Deed each of the following bodies may appoint one Trustee:
Malvern Wells Parish Council
The Malvern and Wyche Parochial Church Council
The Wells and Wyche Women’s Institute
The Malvern Wells Club
The Wells Players
In selecting other individuals for appointment as Charity Trustees, the Charity Trustees must have regard to the skills, knowledge and experience needed for the effective administration of the Charity.
The Object of the Charity and application of income and property and its public benefit are: The provision and maintenance of the Village Hall for the use of local inhabitants, without religious or political distinction, for meetings, lectures, classes and recreational activities.
The income and property of the Charity must be applied solely towards the promotion of the Object of the Charity. None of the income or property of the Charity may be paid or transferred directly or indirectly by way of dividend, bonus or otherwise by way of profit to any member of the Charity.
The object of the Charity is wholly for the public benefit.
Under a Deed dated 4 July 1899 the land and premises were vested in the Official Custodian and so continue.
The Charity only commenced operating on 1 November 2023 when, by way of a General Vesting Declaration, the activities and assets were passed to it by the previously existing Malvern Wells Village Hall charity number 206763.
During the year under review the Trustees have attempted to ensure that the Village Hall is frequently used by local organisations and individuals. The Wells Club, located in the lower ground floor of the Village Hall has continued to thrive. The flat, also on the lower ground floor, has been occupied throughout the period. The resulting income from all the use of the Village Hall has enabled the Trustees to ensure that the premises have been properly maintained without having to use surplus income from previous years. All surplus income is retained to cover the cost of any future significant maintenance of the Village Hall and, as appropriate, is held within an interestbearing deposit account. The Charity has no employees.
For the period under review the income was £1683 and the expenditure was £1272. This is for the two months from the commencement of its activities on 1 November 2023 to 31 December 2023. On 31 December 2023 the cash at bank was £11799 and on deposit was £22473. The reserve at 31 December 2023 was £35099.
The Trustees declare that they have approved the Trustees’ Report above.
Signed on behalf of the Charity’s Trustees
Ian Robert Burrage Dawn Christina Jolley Chair Vice Chair and Treasurer
6 August 2024
MALVERN WELLS VILLAGE HALL
Registered Charity Number 1200714
Balance Sheet
As at 31 December 2023
| Current Assets Current account COIF deposit account Debtors Prepaid expenses Current Liabilities Accrued expenses Net Current Assets Represented by: General Fund : Balance transferred from old charity Surplus/Deficit for the year Total |
at 31 December 2023 £ 11,799.19 22,473.02 296.00 620.54 |
|---|---|
| 35,188.75 90.00 |
|
| 35,098.75 | |
| 34,688.29 410.46 |
|
| 35,098.75 |