The FalklAnd HAll Charity (Re&No213532) Report for the year January to December 2024 The Falkland Ha]1 was originally built as a large merchant 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 Institufr in 1920. Over the years the ground floor was used &8 a hall for meetings and entertainment, and the top floor w&$ a Men's Institute. In the 1960's the Hall had become ne8lected the then Trustees con]menced letting the building on a commercial basis. A new Tt scheme came into being in 1974 and ran until the present scheme was sealed on I l February 1985 as tbe Falkland Hall Charity. The title to the land and building is vested in the Official Custodian for Charities in trust for the Falkland Hall Charity Under the 1985 Charity Scheme, the Tntres have the Option to use all or part of the buildin8 as a community centre or lease the building for the best reni possible. The Truslees must firsily apply the charity's income in tneeting the proper costs of administerin¥ the charity and of managin8 its property {includin8 the repair and insurance of its buildings). After payment of these costs, the Trustees shall apply the remaining inwme as they think fit for any chw7table purposes for the general benefit of the inhabitants of the Town of Burford and the nei8burho0d thereof. A bank account is held with TSB bank. Investments are held in funds with M&G tnvestments 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 2024 the TTUStees fulfilled the requirements of the charity scheme. The Trustees have purchased The Old Barn. Swan Lane, Burford for conversion to a Community Archive Centre for the lown, with a studio apartsnent providing income to make the project sustainable. Pethers of Burford started the conversion in May 2021 and completed in November 2022 when the opening ceremony took place. Major support for the project has been received from West Oxfordshire District Council, Burford Town Council, Burford Festival, Burford & District Society. private Trust Funds, individual donors and a range of enthusiastic community fundraising. A new management committee has been formed to jointly manage and nm the Burford Tolsey Museum and Archive and have a new website: . burfordtolsey.or8 David Cohen Chairnlan February 2025
THE FALI
THE FALKL4ND HALL CHARrrY (Registered Charlty No.213532) STATEMENT OF VALUATION OF ASss 3111212024 2023 2024 Represented by:" Cash 31058.82 TSB Tr&25urers Account 55189.37 Investrnents 40932.31 M&G Chartfund IEquiti8s) 2852.446 units @ 14634.99p COIF Short Duration 8ond {Fixed Interest Income Units) 8427.23 units @ 126.06p COIF Investment Fund IAc(yJmulatM)n Units) ERF 347.31 units @ 26061.56p COIFlnveslment Fund Ilncome Units) 1191.78 unrts 2029.33p 41999.41 10308.19 1c23.37 86132.98 90514.40 23650.87 24185.15 Propety 0.00 Swan Lane Bam {Purchase pri¢9 Wds £180,IXIO - tiue to be vested with Charity commi10) Totsl 192083.17 Assets of Trust 222511.70 Note.. The Trustees have adopted the COIF Investment Fund Accumulation Units) as the the 'Exlraordinary Repair Fund,, in lieu ol th8 ERF in the GN)verning document %thich woukl be £5700, increasing by £150 p.a. I certtfy this to b8 a true and accurate record Ltrl.). John Yeatman- Treasurer Page 2
26 Frethern Close Burford Oxon OX18 4NT I lth Febnwy 2025 The Falkland Hall Charity 5 The Leaze Barns Lane BurfoTd 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 ending 31 st December ?024 I confirni that appropriate knoks of accounts have been properly kept throughout the year. year end accounts have been Prepared and support&J by an adequate audil trail from underlying records, and reconciliation of funds have been prepared and agreed. Frank Triggs