## ## ## ## |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|Room| |---|---|---|---|---|---|---| |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| ##