2021-03-31-accounts - The Ireshopeburn Village Hall

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Objectives and Activitie	s
	SORP reference
Summary ofthe purposes of the charity as set out in its governing document	Para 1.17	The provision and maintenance ofa village hall for use ofthe inhabitants of the Parish ofStanhope; without distinction of political, religious or other
		opinions.
Summary ofthe main activities in relation to those purposes for the public benefit, in particular, the activities, projects or	Para 1.17and 1.19	For use as a meeting place, lectures and classes; for other forms ofrecreation and leisure-time occupation, with the object ofimproving the conditions of life for the said inhabitants.
services identified in the
accounts. Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public	Para 1.18	The Trustees conduct business with the express intention to comply with any and all guidance that is issued by the Charity Commission and the Government ofthe day.
benefit

ou ma c	hoose to	include fu	rther statement
			SORP reference
Policy on	grant making		Para 1.38
Policy on	social investment		Para 1.38
including	program	related
investment
Contribution made		by	Para 1.38
volunteers
Other

					SORP reference
						The entire year that this report covers
						was impacted by the Covid Pandemic;
						to such an extent that none ofthe usual
Summary ofthe main achievements ofthe charity,					Para 1.20	village hall activities were able totake place.
identifying		the difference the				ln accordance with evolving and
charity's	work		has made	to		changing Government guidance that
the circumstances of its						was applicable during the year the hall
beneficiaries			and any wider			remained closed to any public or private
benefits	to	society as a				gatherings.
whole.						As such the hall was unable to benefit
						society in any way.
Additional		information		(optional)
You ma	choose to include further statements					where relevant about
						The Trustees took advantage ofthe
Achievements			against			forced closure ofthe hall to instigate
objectives		set			Para 1.41	extensive maintenance and
						refurbishment works.
						Previous years fund-raising to complete
Performance offundraising activities against objectives set					Para 1.41	the required works was enhanced by the successful application ofGovernment Covid grant funds.
						IWost ofthe identified maintenance
						works has been completed; although
Investment		performance			Para 1.41	delays in obtaining materials and to
against objectives						tradespeople have meant that some
						works will be carried forward into the
						next financial ears.
						Finances have been set aside to cater
Other						for the anticipated arrival ofecological
						chan es from central Government.

Review ofthe charity's	Review ofthe charity's	Para 1.21	The hall is in astrong financial position
financial position at	the end		with no outstanding financial
ofthe period			obligations other than the normal day to
			da runnin ofthe hall.
Statement explaining	the	Para 1.22	Traditionally the hall functions on a
policy for holding reserves			money in/money out basis, with a
stating why they are	held		similar amount offunds in &out during
			any given year.
			This year has been a exception with
			excess funds coming from fund-raising
			for buildings maintenance and Covid
			rant aid.
Amount ofreserves	held	Para 1.22	The hall has three lines ofreserves:
			Current account F30,723.33
			2. De osit account R2,996.67

				3. 1116Ilerchants Trust	3. 1116Ilerchants Trust	shares that	shares that
				provides a quarterly cash
				dividend.
Reasons for holding zero			Para 1.22
reserves
Details offund materially		in	Para 1.24
deficit
Explanation ofany			Para 1.23
uncertainties about the
charity continuing as a going
concern
Additional information	(optional)
You ma choose to include		further statements		where relevant	about
				Rental ofthe	hall to individuals,		groups
The charity's principal sources offunds (including any fundraising)			Para 1.4?	and clubs. Lottery that follows the draw ofthe 'Bonus Ball' ofthe National Lottery.
Investment policy and
objectives including any social investment policy			Para 1.46
adopted
				Lack ofuse of hall due to a		lack	of
A description ofthe principal				engagement	by local inhabitants.
risks facing the charity			Para 1.46
Other
Structure, Governance			and Nlanagement
Description of charity's trusts:				The charities land that the	trust is the building and village hall occupies. This
				building was	originally erected in 189?
				and extended	and im roved	in 1997
Type ofgoverning document			Para 1.25	The charity is administered and governed by the Scheme that is re istered with the Chari Commission.
How is the charity constituted?			Para 1.25	The charity is unicorporated, trustees are equally liable.		as	such
Trustee selection methods			Para 1.25	Trustees are	selected based upon them
including details of any constitutional provisions e.g. election to post or name of any person or body entitled				living in the local area, their enthusiasm to engage and competence to make an effective impact upon the good use of the hall.
to appoint one or more
trustees

Policies adopted	and procedures for the induction	and procedures for the induction	and procedures for the induction	Para 1.51
and training		oftrustees
The charity's			organisational
structure network	and any wider with which the			Para 1.51
charity works
					Trustees have an obligation to declare
					and conflict ofinterest, sothat the other
Relationship with any related parties				Para 1.51	trustees are aware ofa personal are better able to make informed	link and
					decisions —for example, ifatrustee is
					related toatradesperson and they are
					engaged to complete works for
					renumeration on behalf ofthe charity,
					other trustees should be aware	ofthis
					beforehand.
Other

Charit	name			lresho eburn Litera	Institute and Readin
Other name the chari			uses	The lresho eburn Villa	e Hall.
Re istered charit		number		254,211
Charity's	principal	address		41 Front Street,
				Ireshopeburn,
				Bishop Auckland,
				Co. Durham.
				DL13IER.

Type of	Name	Address
adviser
Accountant	lwr6Storey	Westbourne	House, Haltwhistle.		NE49 OAZ.
Name ofchief executive or names ofsenior staff			members	(Optional	information)

~Rene' ts
Merchants Trust Dividend	367.17
59Club	4,314.00
Donations	20.00
Interest Received	1.35
Electricity Refund	524.03
Grants Received	20641.71

		~Pe ments
		59Club	355.00
		Electricity	1947.00
		Accountant	72.00
		Insurance	469.84
		Postage	7.92
		Maintenance	5434.49
		DCC Licence	20.00
		Lottery Payouts	80.00
		Total	8,386.25
Excess	ofIncome	over Expenditure	17,482.01

~Rene' ts
Merchants Trust Dividend	367.17
59Club	4,314.00
Donations	20.00
Interest Received	1.35
Electricity Refund	524.03
Grants Received	20641.71

		~Pe ments
		59Club	355.00
		Electricity	1947.00
		Accountant	72.00
		Insurance	469.84
		Postage	7.92
		Maintenance	5434.49
		DCC Licence	20.00
		Lottery Payouts	80.00
		Total	8,386.25
Excess	ofIncome	over Expenditure	17,482.01