2022-12-31-accounts - Geldeston Memorial Hall

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Trustees’ Annual Report for the period

From 1[st] Jan 2022 To 31[st] December 2022

Charity name: Geldeston Memorial Hall

Charity registration number: 209939

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The Management of Geldeston Village Hall
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	To maintain a clean, safe and environmentally friendly facility for the benefit of the local community. Making this venue always available for individuals, clubs and other organisations within the local area.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The Trustees have had regard to the guidance issued by the Charity Commission on public benefit

Additional information (optional) You may choose to include further statements where relevant about:

	SORP reference
Policy on grant making	Para 1.38
Policy on social investment including program related investment	Para 1.38
Contribution made by volunteers	Para 1.38	Participation of volunteers is essential to the fundraising activities and operation of the Hall. There is a need to attract younger volunteers as the age profile of current volunteers inevitably continues to rise
Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	A major refurbishment within the past 5 years ensures that the continued use of the hall is available to members of the local community of all ages and ability. The acquisition during the past year of a TV Licence and a Wedding Venue Licence is soon to be augmented by an Licence to provide alcohol and the provision of HighSpeed Broadband which will create further opportunities for divers useage.
Additional information (optional) You may choose to include further statements		where relevant about:
Achievements against objectives set	Para 1.41
Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	The Trustees agreed at the AGM that the charity continues on a sound financial footing
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Reserves are held sufficient to ensure that all anticipated expenditures over a twelve month period are covered regardless of income flow.
Amount of reserves held	Para 1.22	£15,000
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	None

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Deed of Declaration – Updated 31/8/2022
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Unincorporated Association
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Election to Post at AGM

Additional information (optional)

Additional information (optional)	Additional information (optional)
You may choose to include further statements		where relevant about:
Policies and procedures adopted for the induction and training of trustees	Para 1.51	The Charity operates an Equal Opportunities Policy Trustees at induction and periodically sign acceptance of :- • Code of Conduct • Safeguarding Policy • Conflict of Interest Policy • Health and Safety Polict
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name	Geldeston Memorial Hall
Other name the charity uses	Geldeston Village Hall
Registered charity number	209939
Charity’s principal address	c/o 36 The Street Geldeston Beccles NR34 0LB

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
Loraine Loffstadt	Chairperson
Keith Loffstadt	Treasurer
Shirin Salt
Ian Ansell
David Shave
David Rowntree
Leigh Farwell		1stJuly– 31stDecember

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

N/A

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date
	Keith Gordon Loffstadt
	Treasurer
	24/03/23
	24/03/23

Charity Name Geldeston Memorial Hall

No (if any) 209939

Receipts and payments accounts For the period Period start date Period end date To from 1/1/2022 12/31/2022

Section A Receipts and payments

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Unrestricted Restricted Endowment
Total funds
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Hall Hire 5,471 - - 5,471
Clubs and Coffee Mornings 1,443 - - 1,443
Quiz and Films 1,287 - - 1,287
Fundraising Activities 3,062 - - 3,062
Grants and Donations 3,226 - - 3,226
Other (Inc Wedding Fee) 407 - - 407
Legacy 29,000 - 29,000
Interest - 30 - 30
14,896 29,030 - 43,926
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - -
Sub total - - - -
Total receipts 14,896 29,030 - 43,926
A3 Payments
Film Costs 1,013 - - 1,013
Cleaning 1,243 - - 1,243
Utilities 1,522 - - 1,522
Repairs and Maintenance 2,143 - - 2,143
Insurance and Licences 2,666 - - 2,666
Fundraising Costs 1,131 - - 1,131
Capital Expenditure 274 - - 274
Misc Costs inc Hire Refunds 1,056 - - 1,056
Community Events 3,336 - - 3,336
Sub total [ 14,384 ] - - 14,384
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - -
Total payments 14,384 - - 14,384
Net of receipts/(payments) 512 29,030 - 29,542
A5 Transfers between funds - - - -
A6 Cash funds last year end 13,901 3,008 - 16,909
Cash funds this year end 14,413 32,038 - 46,451
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Section B Statement	of assets and liabilities	at the end of the period	at the end of the period	at the end of the period
		Unrestricted		Restricted
Categories	Details	funds		funds
B1 Cash funds	*Total cash funds*	to nearest £ 14,413 - - 14,413		to nearest £ 32,038 - - 32,038
	(agree balances with receipts and payments account(s))	OK	OK
		Unrestricted		Restricted
		funds		funds
B2 Other monetary assets	Details	to nearest £ - - - - - -		to nearest £ - - - - - -
B3 Investment assets	Details	Fund to which asset belongs	Cost (optional) - - - - -
B4 Assets retained for the	Details	Fund to which asset belongs	Cost (optional) -
charity’s own use				- - - - - - - -
		Fund to which		Amount due
B5 Liabilities	Details	liability relates		- - - - - (optional)
Signed by one or two trustees on behalf of all the trustees	Signature	Print	Name
		Keith Gordon Lofstadt

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CC16a
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Last year

to the nearest £

Endowment funds

to nearest £ - - - -

Endowment funds to nearest £ - - - - - -

Current value (optional) - - - - -

Current value (optional)

When due (optional)

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Date of
approval
3/22/2023
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