The Falklgnd Hall Charity (Re&Noa13532) Report for th¢ year January to December 2023 The Falkland Hall was originally built as a large metcbant house in 1558 by Edmund Silvester. It became the Falkland Hall at around the time it was sold by the Recreation Society to the Town Institutc in 1920. Over the years the ground floor used as a hall for meetings and entertainmenL and the top floor H'as a Men s Inslitute. 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 ran until the present scheme was sealed on I l Febnwy 1985 &8 the Falkland Hall Charity. The title to the land and building is vested in the Officlal Custodian for Charities in tnLSt for the Falkland Hall Charity Under the 1985 Charity Schem@ the Trustres have the Option to use all or part of the building as a community centre or Iwe the building for the best rent possible. I"he Trustees must firstly apply the charity's income in mecting the proper costs of administering the chartty and of managing its property (including the repair and insurance of its buildings). After paymenl of these costs, the Trustees shall apply the remaining income &8 they think fit for any charitable purposes for the 8eneral benefit of the inhabiiants of the Town of Burford and the neighbourhood thereof. A bank account is held wtth TSB bank. Investments are held in funds 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 Propety LLP During ?0?3 the Trustees fulfilled the requirements of thc charity scheme. The Trustees have purchased The Old Barn, Swan Lane, Burford for conversion to a Community Archive Centre for the town, with a studio apartment providing income to make the project sustainable. Pethers of Burford started the conversion in May 2021 and completed in November ?02? when the opening ceremony took place. Major support for the project has Ettn received from West Oxfordshire District Council, Burford Town Council, Burford Festival, Burford & District Society, privat Trust Funds, individual donors and a range of enthusiastic community fundraising. A new management committee has been fomied to joirffttly manage and the Burford Tolsey Museum and Archive and have a new website: _ burfordtolsey.org David Cohen Chaiman February 2024
THE FALKLAND HALL CHARrrY (Registered Charity No.213532) RECEIPTS AND PAYMENTS FOR YE4R ENDING 31st DECEMBER 2023 31-Dec-22 RECEIPTS 31I)ec-23 Falkland Hall.. Rent Investmant Income." M&G Charifund COIF FrKed Inierest Income Units COIF Investment Fund Income Unils Misc I Sale ol wivestrnents 22.000.00 22.000.00 2.544.55 426.72 7.99 60.000.00 2,438.84 235.97 649.28 Burford Communfty Archive.". Grants from Trusts & Foundations Community Fundraising Individual Giving Grft Reclaimed Wamers Flat Rent Misc 52.827.05 609.00 60.00 1.114.05 900.00 80.60 141,352.96 10.000.00 461.64 0.00 10.578.08 195.05 46.558.86 PAYMENTS Falkland Hall... Buildings Snsurance Letting Agenl management ctrwges Property Repairs Grants aNrdrded by FHC Sundries Btsrford Communlty Archlve... Capital Costs Buildings Insurance & Non£apttal Costs Property Repairs Wamers Flat charges {man f&Jcjn¢Il tax etc) Sundries 6,218.09 1.320.CA) 0.00 11.934.16 3.422.06 1,320.00 0.00 16.82S.00 250,041.76 4.345.72 9,286.63 4.095.40 950.75 1.645.20 0.00 37,545.04 454.87 80.60 274,395.20 RECONCILIATION OF FUNDS TSB Accounl @ 0110112023 FHC General Fund BCA Fund 12,758.37 9 286.63 22 045.00 46 558.86 68.603.86 Plus Income Less Expenditure 31058.82 TSB Account @ 3111212023 FHC General Fund I certify these are a true record of accounts.. I reG%thre_
THE FALKLAND HALL CHARITY (Register&J Charity No213532) STATEMENT OF VALUATION OF AssErs @ 3111212023 2022 2023 Represented by.- Cash TSB Treasurers Account 31058.82 InStmentS 41917.26 M&G Charifund (Equities) 2852.446 unrls @ 14634.99p COIF Short Durati( Bond (Fixed interest Income Units) 8427.23 units @ 122.32p COIF Investment Fund IAccumul8tit)n Units) ERF 347.31 units @ 248.03P COIFlnvestment Fund (Income Units) 1191.78 units 1984.5p 40932.31 9791.60 10308.19 76650.97 86132.98 21660.48 23650.87 Proty Swan Lane Bam {Purch8se prt¢e vrds £180.000- title to be vested wilh Charity Commission) 0.00 Total Assets of Trust 192083.17 Note: The Trustees have adopted Ihe COIF Inyestrnenl Fund Accumulalion Units} as the Ihe "Extraordinary Repair Fund.. in lieu of the ERF in the goveming document which would be £5550. increasing by £150 p. I certtfy Ihts to be a true and acujraie record 51.12oZ4- John Yeatman- Treasurer Page 2
?6 Frethern Close Burford Oxon OX18 4NT 22nd June 2024 The Falkland Ha]1 Charity 5 "I'he Leaze Barns Lane Burford OX18 4NE To the Tnjstees of the Falkland Hall Charity I have provided an independent examination of the accounts for the Falkland Hall Charity for the year ending 31 sl December ?0?3 I confirm that appropriatc books of accounts have been properly kept throughout the y¢aT* year end accounts have been prcpared and supported by an adequate audit trail from underlying Tecords, and reconciliation of funds have been preparcd and agrccd. Frank Tri8gs