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2023-12-31-accounts

Trustees / Committee Report 2024 – Ombersley Memorial Village Hall Charity No.

As a very cohesive committee we are immensely proud of our village hall and with good reason. It is a unique venue – a wonderful space with the pluses of excellent facilities, ample and secure car parking and an attractive garden facility.

We have a wide range of hirers – both for social events and ongoing activities ranging from Art Groups to Pilates.

Hiring is at near capacity, and we regularly host fund raising events, therefore we remain financially stable and are in a good position should any major works occur.

The village is expanding rather fast, and we promote the hall accordingly via our website and social media to ensure that the Hall remains a centre for all.

Our Community Tea Shop hosts a variety of people and supports those that require company and a friendly environment to meet others.

Monthly Accounts are issued to the committee for their approval and annually audited by an independent auditor.

We work closely with the local PSCO and the Parish Council.

We have invested in extending the Community patio area and additional garden furniture to accommodate all parishioners. We have also updated our projector and sound equipment to host Movie Nights.

Additional access ramps have been installed.

Hall Trustees / Committee

26[th] September 2024

Statement of the position of the holding trustees for Ombersley Memorial Hall.

  1. The constituent instrument for Ombersley Memorial Hall is the trust deed of 1923 by which the land on which the Hall stands was made available by the then Lord Sandys.

  2. By the deed, the land was conveyed to trustees. Their only function under the Deed is to hold the land on trust to allow it to be used in perpetuity as a place of recreation and social intercourse for all, by way of the Hall built on it and its grounds. They are thus holding trustees.

  3. The management of the Hall is placed by the Deed in the hands of the Executive Committee (usually known as the Management Committee). That committee fulfils the function often discharged in other charities by managing trustees. The holding trustees have no management function and are appointed from time to time by that Committee. They hold office as such until they retire or become unable to discharge their function.

  4. Such holding trustees have been appointed as necessary ever since 1923. The Trust Deed stipulates that there should be not fewer than 3 nor more than 7. There are currently seven, all long-term residents of the village.

Sir Anthony Hughes

Chairman of the holding trustees.

September 2024.

OMBERSLEY MEMORIAL HALL

Balance Sheet as at 31st December 2023

Notes
Fixed Assets
Building (valued Jan 2021)
Contents
6
Current Assets
Bank Main Account
BB Inst Account
Holding Account
Petty Cash
Liabilities(deposits held)
Net Current Assets
Total Assets
Memorial Hall Funds
Balance at start of period
Surplus for the year
Building revaluation
2023
2022
£
£
874,500
874,500
16,380
18,720
890,880
893,220
27,446
17,148
26,508
26,452
843
738
50
50
54,847
44,389
350
350
54,497
44,039
945,377
937,259
742,999
738,785
8,118
4,213
194,260
194,260
945,377
937,259
2023
2022
£
£
874,500
874,500
16,380
18,720
890,880
893,220
27,446
17,148
26,508
26,452
843
738
50
50
54,847
44,389
350
350
54,497
44,039
945,377
937,259
742,999
738,785
8,118
4,213
194,260
194,260
945,377
937,259
937,259
738,785
4,213
194,260
937,259

OMBERSLEY MEMORIAL HALL

Profit and Loss Account for the year ended 31 December 2023

Notes
Income
Income from Lettings
1
Other Income
2
Grants
3
Expenditure
Wages, salaries and other staff costs
4
Rent, rates, power and insurace
5
Repairs and renewals of property and equipment
Playing Field project
Internet and website costs
Advertising
Tea Shop
Arts Alive / Film Night
Electrician / Washtech / Heating
FR/Paypal
Donations
Sundries
Depreciation
Surplus for the Year
2023
2022
£
£
25,433
23,052
5,944
7,151
0
7,667
31,377
37,869
5,144
4,354
6,368
7,878
2,502
1,771
0
5,000
966
816
1,083
264
136
1,324
1,133
0
1,547
0
0
713
0
300
2,040
8,896
2,340
2,340
23,259
33,656
8,118
4,213

OMBERSLEY MEMORIAL HALL Notes to the Accounts for the year ended 31 December 2023

Accounting Basis

The accounts have been compiled on a basis that enables profits to be calcualted in accordance with UK Generally Accepted Accounting Practice and that provides sufficient and relevant information to enable the completion of a tax return.

Fixed assets are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation of assets over their expected useful lives on the following basis.

Hall contents - 10% straight line

1 Income form lettings
2 Other Income
Fund Raising
Donations and legacies
Film Night
Bank Interest
Wayleave
3 Grants
Government
National Lottery
4 Wages, salaries and other staff expenses
Caretaker and Cleaner
Secretarial expenses
5 Rent, rates, power and Insurance
Heating
Lighting
Insurance
Licences
Rubbish Removal
Water
6 Hall Equipment and Fittings
At cost
Additions in year
Disposals in year
Depreciation brought forward
Depreciation in year
As at 31 December 2023
2023
£
25,433
2,480
1,125
2,069
231
38
5,944
-
-
-
5,144
-
5,144
1,935
1,449
1,587
418
158
821
6,368
Building
Contents
874,500
23,400
-
-
-
-
-
4,680
-
-
2,340
-
2022
£
23,052
6,459
90
589
12
7,151
2,667
5,000
7,667
4,354
-
4,354
3,409
1,538
1,505
265
298
862
7,878
Total
897,900
-
-
4,680
-
2,340
-
874,500
16,380
890,880

OMBERSLEY MEMORIAL HALL Balance Sheet as at 31st December 2023 Notes 2023 2022 Flxed Assets Building Ivalued Jan 20211 Contents 874,SCK) 16.380 890,880 874.500 18,720 B93.220 Current Assets Bank Main Account BB Inst Account Holding Account Petty Cash 27.446 26,508 17,148 26,452 738 50 44,389 54,847 Llabllltles (deposits held) 350 350 Net Current Assets 54,497 44.039 Totsl Assets 945.377 937,259 Memor131 Hall Funds Balance at start of period Surplus for the year Bulldlng revaluatSon 742,999 8,118 194,260 945,377 738,785 4,213 194,260 937,259 I h8ve checked the accounts for the year ending 31st od December 2023 comprising the Profit and Loss Account, Balance Sheet and related notes with the books and records presented to me and found them to be In aBreement. LPaLs1 Adams 0210412024