The Falkland Hall Cbarity (RffjNo213532) Report for the year JaDuary to December 2022 The Falkland Hall was originally built as a large Dr¢I18nt hOe in 1558 by Edmund Sllvester. It became the Falkland Hall at around the tim¢ it was sold by the Recreation Society the Towi I[ItUte in 1920. Over the years the ground floor was ed as a hall for meetings and entertainmenL and the top floor was a Men s Insiitute. In the 1960's the Hall had become neglected the then Trustees commenced letting the building on a commercial basis. A new Trust scheme came into being in 1974 and rdn until the Present scheme w&$ sealed on I l February 1985 as the Falkland Hall Chariry. The title to the land and building is vested in the Official Custodian for Charities in tru for the Falkland Hall Charity Under the 1985 Charity Scheme, the Trslee$ have the option to use all or part of the buildin8 as a community centre or lease the building for the besl Tent possible. The Trustees must firstly apply the charily's income in meeling the proper costs of administcring the charity and of managing ils properry (including the repair and Ansurance of its buildin¥s). After payment of these costs, the Trustees shall apply the remaining income as they think fit for any charitable pufj)oses for the genernl benefit of the inhabitants of the Town of BurfoTd and the nei8hbouthood thereof. A bank account is held with TSB bank. 5nv¢stments are held in fimds with M&G Investments and CCLA COIF Charity Funds. The Extraordinary Repair Fund is held within these investments. The commercial and residential lets are managed by Marriott's Property LLP During 2022 the Trustees frIlled the requirements of the charity scheme. The Trustees have pwchased The Old Barn, Swan Lane, Bwford for conversion to Community Archtve Centre for the town, with a studio apartsnent providkng income to rnake the project sustainable. Pethers of Burford started the conversion in May 2021 and completed in November 2022 when the opening ceremony took place. Major supwrt for the project has been received from West Oxfordshire District Council, Burford Town Council, Burford Festival, Burford & District Societv, private Trust Funds, individual donors and a range of enthsIastiC community fundraising. A new management committee has been fonned to jointly manage and nm the Burford Tolsey Museum and Arcbive and have a new website: _ burfordtolsey.org David Cohen Chairman January 2023
THE FALKLAND HALL CHARfFY {Registered Charity No213532) RECEIPTS AND PAYMENTS FOR YEAR ENDING 31st DECEMBER 2022 31-Dec-21 RECEIPTS 31.Dec-22 Falkland Hall.-. Rent Investmant Incoma. M&G Charifund COIF Fixed Interest Intt)me Units COIF Investment Fund IncJ)me Unts Misc I Sale of inve5trnents 22,000.00 22.000.CM) 3.158.81 925.23 1.194.24 450.00 2,544.55 426.72 790.99 60.000.00 Burford Communfty Archlve.". Grants from Trusts & Foundations Community Fundraising Individual Giving Gift Redaimed Warners Flat Rent Misc 99.384.31 5,150.90 14.544.74 4.918.15 0.00 17.00 151,743.38 52.827.05 609.00 60.00 1.114.05 900.CMJ 80.60 141.352.96 PAYMENTS Falkland Hall... Buildings Insurance Letting Agenl management dwges Property Repairs Grants awarded by FHC Sundries Burford Communlty Ahly•... Capital Costs Buildings Insurance & Nonlapital Costs Wamers Flat charges {man feeslcouncil lax etc) Swdries 2,828.74 1,320.00 0.00 150.00 450.00 6.218.09 1.320.00 0.00 11,934.16 0.00 124,179.10 1,948.79 0.00 53.40 130.930.03 250,041.76 4,345.72 454.87 274.395.20 RECONCILIATION OF FUNDS TSB Acc(nt @ 01101r2022 FHC Generai Fund BCA Fund 20.587.47 134 499.77 155 087.24 141 352.96 296,440.20 274 395.20 22 045.00 Plu5 Income Less Expendiiure TSB A(Unt @ 31112r2022 FHC General Fund BCA Fund 12,758.37 9 286.63 I certify Ihese are a true rernrd of aecwnts: g [,Izo£3
THE FALKLAND HALL CHARITY {RegiSter1 Chartty No.213532) STATEMENT OF VALUATION OF ASSETS @ 31112r2022 2021 2022 Represented by- Cash TSB TreaSurS Account- £22.045.00 held as:_ FHC General Fund BCA Fund 20587.47 134499.77 12758.37 9286.63 Investments 66428.96 M&G Charifund IEqu¢tiesl 2852.446 units @ 1469.52p COIF-B (Fixed interest Income Unils) 8427.23 units @ 116.19p COIF-R (Accumulation Units) ERF 347.31 unils @ 22069.90p COIF-T (Income Units} 1191.78 unils @ 1817.49p 41917.26 32253.86 9791.60 84230.49 76650.97 46447.45 21660.48 Property Swan Lane Bam (Purchase price was £180,000 - tilie lo be vested with Charity Commission) Total Assets of Trnst 172C5.31 Note.. The Trustees have adopted the COIF-R Investrnent as the'Exlrdordinary Repair Fund,, in lieu of Ihe ERF in the goveming document which Wld be £5400, increasing by £150 p.a. l Gertify Ihis to be a true and ac(yJrate record +F-y John Yeatman- Treasurer Page 2
?6 Frethern Close Burford OX18 4NT 6" February 2023 Th¢ Falkland Hall Cbarity 5 The Leaze B8rns Lane Burford OX18 4NE To the Trustees of the Falkland Hall Charity I have provided an independent examination of the accounts for the Falkland Hall Charity for the year cnding 31s1 December ?02? I confim] that appropriale books of accounts have been properly kept throughout the year, year end accounts have been prepared and supported by an adequate audit trail from underlying records: and reconciliation of fijnds have been prepared and agrecd. Frank Tri88S