## **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 1 January 2024 to 31 December 2024. 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 (Vice Chair & Treasurer) Nicholas Stephen Merriman (Secretary) James Anthony Black Kenneth Antony Beecroft Michael George Jackson 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. At the request of the Charity Commission the Object of the Charity was amended during the year. The Object of the Charity and application of income and property and its public benefit is now: The provision and maintenance of the Village Hall for the use of local inhabitants, without religious or political distinction, for meetings, lectures, classes and recreation and leisure-time occupation, with the object of improving the conditions of life for the said inhabitants. 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. That original charity number 206763 was closed by the Charity Commission on 6 March 2025. 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 £12,379 and the expenditure was £8,519. This is for the twelve months from 1 January 2024 to 31 December 2024. On 31 December 2024 the cash at bank was £7,841 and on deposit was £31,233. The reserve at 31 December 2024 was £38,959. The Trustees declare that they have approved the Trustees’ Report above. Signed on behalf of the Charity’s Trustees Ian Robert Burrage Chair Dawn Christina Jolley Vice Chair and Treasurer 19 May 2025 MALVERN WELLS VILLAGE HALL Reg￿tered Charity Number 1200714 Income and Expendibjre Account 1 January 2024- 31 December 2024 12 months 2 monlhs to 3111212024 to 3111212023 Incomè Regular hire Casual hre Rent- 205A lllelb Road WeH$ aub rent Inte￿$t rer*rrfed 1.420.00 1.779.00 6.600.00 1.320.00 1.260.18 184.00 186.00 920.00 200.00 192.76 12.379.18 1 682.76 Ex￿nditUre Gas E￿Ctricty Water Broadband C18aning Insurdnco R8pairs and Ma￿tenanC Licenc8s and theths Sundry expenses 1.430.64 592.09 52.46 220.75 1.404.21 1.319.57 2,728.07 541.50 229.79 74.70 140.65 38.48 27.48 225.23 264.26 391.10 12.90 97.50 8 519.08 1272.30 Operatlng Surplu8 1 Dèficlt £3.860.10 £410.46 SbJned Da￿) C Joley. VM% Char & Treasurer Accounts presented and approved at the ￿￿etIng of the Trustees of 1kn￿em Vle15 Vlage Hal on 11th February 2025 ChainThn................................. ................................... lan R BurTage Secretary . Ntholas S Cofrnitlee ￿rrber......................................................... Michael G Jackson MALVE NWEL Register8d Chanty Numb8r 1200714 Balance Sheet As at 31 December 2024 at 31 D•comber 2024 Current ￿Sets Current account COIF deposrt account Debtors Prepaid oxpenses 7,841.04 31,233.20 50.00 67.50 39,191.74 Curr•nt Llablllll•s Ac¢ru8d expenses 232.89 Net Curr•nt Assets 38,958.85 Ropresonted by: G&n&r81 Fund Surplus/Defirit for the perL)d 35,098.75 3,860.10 Total 38 958.85