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2026-01-31-accounts

Trustees’ annual report (including Directors’ report) for the period

From: 1[st] February 2025

To: 31[st] January 2026

Charity name: Probus Village Hall

Charity registration number: 300593

Company number: N/A

Objectives and activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 The provision and maintenance of a
village hall for the use of the inhabitants
of the Parish of Probus, without
distinction of political, religious or other
opinions, including use for meetings,
lectures and classes, and for other forms
of recreation and leisure-time occupation,
with the object of improving the
conditions of life for the said inhabitants.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.
Para 1.17 and
1.19
During the year, the charity carried out
the following principal activities in
furtherance of its objects and for the
public benefit:
•
Operated and maintained Probus
Village Hall as a community facility
available for regular and
occasional hire by local residents,
voluntary organisations,
community groups and charities.
•
Provided affordable access to
space for meetings, social,
recreational, educational and
cultural activities, including clubs,
classes, performances and
community events.
•
Prioritised access for community
and charitable users who might
otherwise be unable to afford
suitable premises, in line with the
charity’s objects.
•
Managed and delivered significant
improvements to the hall’s
facilities and infrastructure,
enhancing accessibility, safety
and usability for all users.
•
Actively promoted increased use
of the hall in order to strengthen
long-term sustainability while
maintaining the hall’s
community-focused ethos.
In carrying out these activities, the
trustees sought to balance affordability
with financial sustainability, ensuring that
income generated from hire charges and
grant funding was reinvested into the
maintenance, repair and improvement of
the hall in accordance with the governing
document.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 The trustees have had due regard to the
Charity Commission’s guidance on
public benefit and believe that the
charity’s activities during the year have
provided clear public benefit by:
•
offering inclusive and accessible
facilities for the benefit of the
inhabitants of the Parish of
Probus,
•
supporting social interaction,
learning, recreation and wellbeing,
and
•
improving local quality of life
through the provision of a
well-maintained community asset.
Use of the hall is open to the whole
community without discrimination, and
activities carried out within the hall are
consistent with the charitable purposes
set out in the governing document.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference
Policy on grant making Para 1.38 The charity does not operate a
grant-making programme. All income
received, including grants and donations,
is applied directly to the maintenance,
repair, improvement and operation of
Probus Village Hall in furtherance of the
charity’s objects.
Policy on social investment
including program related
investment
Para 1.38 The charity does not currently undertake
social investment activities. Funds are
held and applied solely to further the
charity’s objects through the provision
and maintenance of the village hall, in
accordance with the governing
document.
Contribution made by
volunteers
Para 1.38 The charity is run entirely by volunteers.
Trustees and committee members give
their time freely to manage governance,
compliance, finance, hall bookings,
maintenance oversight, grant
administration and community
engagement.
In addition, volunteers support
fundraising activities, events, routine
upkeep and liaison with user groups.
Without this voluntary contribution, the
charity would be unable to operate or to
maintain the hall for the benefit of the
community.
Other Fundraising during the year consisted
primarily of grant applications and
modest local fundraising activities. The
trustees seek external funding where
appropriate to support capital
improvements and major repairs,
recognising that such projects are
beyond the scope of normal operating
income.
All fundraising activity is carried out in a
manner consistent with the charity’s
objects and with due regard to
proportionality and reputational risk.

Achievements and performance

Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 The charity experienced a positive year,
with usage levels maintained from the
previous year. It is possible the hall is
approaching maximum capacity.
Holding and maintaining volunteer and
trustee capacity was a challenge, with
several significant resignations and
difficulty replacing them - most
significantly the Treasurer role.
The trustees identified and prioritised key
future projects, including improvements
to storage and roof infrastructure,
ensuring a clear forward plan for
maintaining the hall’s long-term viability.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set
Para 1.41 During the year, the trustees focused on
stabilising use of Probus Village Hall,
improving facilities, and strengthening
the charity’s financial position.
Key achievements against these
objectives included:
•
drafting and approval of a new CIO
model constitution, which is now
with the Charity Commission for
review.
•
Moved to a new finance software
system, with improvements in
automation, reporting and
accounting.
•
Significant effort in a grant
application for Community
Infrastructure Levy (CIL) funding
for improvements to storage,
insulation and repairs. The
outcome will be known later this
year.
•
Grant funding from Sport England
to repaint the badminton court, to
include Pickleball markings,
opening up new sport
opportunities for hall users.
•
Drafting of a new website to help
with bookings, terms and
conditions, showcase the
versatility of the hall and provide
technical information on how to
use equipment.
The trustees consider that these
outcomes demonstrate positive progress
towards the charity’s objectives of
providing and maintaining a village hall
that improves the conditions of life for
the inhabitants of the Parish of Probus.
Performance of fundraising
activities against objectives
set
Para 1.41 The trustees’ fundraising objective
during the year was to secure external
funding to support major capital
improvements that could not be met from
routine operating income.
In addition to grant funding, modest local
fundraising and income-generation
activities contributed to the charity’s
overall financial resilience.
The trustees remain mindful of the need
to balance fundraising activity with
volunteer capacity and proportionality.
Investment performance
against objectives
Para 1.41 The charity does not hold significant
investments other than modest cash
balances held to meet operational and
contingency needs. Any surplus funds
not required for immediate working
purposes are held in accordance with the
governing document.
During the year, the trustees’ objective
was to ensure that available funds were
applied effectively to further the charity’s
objects rather than to maximise financial
return. The trustees are satisfied that
funds were deployed appropriately to
support the maintenance and
improvement of Probus Village Hall, and
that this approach represents the best
outcome for the charity and its
beneficiaries.

Other

Financial review

Financial review
Review of the charity’s
financial position at the end
of the period
Para 1.21 For the year ended 31 January 2026, the
charity reported total income of £29,485
and total expenses of £23,579. Earnings
before depreciation and extraordinary
items were £5,906.
After depreciation of £7,781, the charity
reported a deficit for the year of £1,875.
This contrasts with the prior year surplus
of £65,304, which was primarily
attributable to significant grant funding
associated with capital improvements.
The 2025/26 results therefore show that
the underlying operation of the hall
remained positive before depreciation,
with hire and service income broadly
maintained at £22,491, supported by
donations and grants of £6,894.
At the year end, the charity held total
funds of £75,261 (2025: £77,136),
represented by fixed assets of £56,247
and cash balances of £19,014, with no
liabilities outstanding at 31 January 2026.
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 The trustees’ policy is to maintain
sufficient unrestricted reserves to:
• meet short-term operating
commitments,
• manage cash-flow fluctuations, and
• provide resilience against
unexpected expenditure.
The trustees recognise that the charity’s
primary asset is the village hall itself and
that future capital projects, including
storage, insulation, roofing and repairs,
remain beyond the scope of normal
operating surpluses.
Amount of reserves held Para 1.22 At 31 January 2026, total funds stood at
£75,261. Cash reserves held at bank and
in hand were £19,014, with no liabilities
outstanding. Trustees consider this level
appropriate in the context of:
•
recent grant-funded capital
investment,
•
known future maintenance
requirements, and
•
the need to protect the charity
against rising operating costs.
Reasons for holding zero
reserves
Para 1.22 Not applicable. The charity does not hold
zero reserves.
Details of fund materially in
deficit
Para 1.24 There were no funds materially in deficit
at the end of the reporting period.
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 The trustees believe that the charity
remains a going concern. While rising
costs and future capital needs present
challenges, sustained usage, careful
financial management, and ongoing
fundraising and grant activity provide
confidence in the charity’s continued
operation.

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)
Para 1.47 The charity’s principal sources of income
during the year were:
•
hire charges for the use of Probus
Village Hall by community groups,
voluntary organisations, charities
and other users;
•
donations and grants received
during the year, totalling £6,894;
and
•
modest income from product sales
and bank interest.
The trustees aim to maintain affordable
hire rates for community and charitable
users, while generating sufficient income
to meet running costs and contribute
towards the ongoing maintenance and
improvement of the hall.
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46 The charity does not have a formal
investment policy and does not
undertake social investment activities.
Surplus funds not required for immediate
working purposes are held in cash with
the charity’s bank, in accordance with the
governing document. The trustees’
objective is to safeguard the charity’s
funds and ensure that resources are
available to support the maintenance,
repair and improvement of Probus Village
Hall, rather than to maximise financial
return.
The trustees consider this approach
appropriate given the charity’s objects
and the need to apply funds directly for
the benefit of the community.
A description of the principal
risks facing the charity
Para 1.46 The trustees have identified the following
principal risks facing the charity:
•
Financial sustainability,
particularly the impact of rising
energy, utility, labour and
contractor costs on the
affordability of hall operations.
•
Future capital maintenance
requirements, including significant
projects such as storage,
insulation, roofing and repairs,
which may require external
funding.
•
Reliance on volunteers, as the
charity is run entirely by unpaid
trustees and helpers, creating a
risk should volunteer capacity
reduce.
•
Regulatory and governance risk,
including the need to maintain
appropriate financial controls,
records and compliance with
Charity Commission requirements.
These risks are mitigated through regular
financial monitoring, forward
maintenance planning, active recruitment
of trustees and volunteers, careful
governance oversight, and the pursuit of
grant funding and other income sources
where appropriate.
Other

Structure, governance and management

Description of charity’s
trusts:
Type of governing document:
for example,trust deed,
memorandum and articles of
association etc
Para 1.25 The charity is governed by a Charity
Commission Scheme dated 17 February
1982, as amended on 13 July 2010, which
sets out the charity’s objects,
governance arrangements and
management provisions.
How is the charity
constituted?
for example limited company,
unincorporated association,
CIO
Para 1.25 The charity is constituted as an
unincorporated charitable trust,
administered and managed under the
Charity Commission Scheme governing
Probus Village Hall.
A resolution has been passed at a
Special General Meeting to move to a CIO
model constitution - this is with the
Charity Commission for review.
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
Para 1.25 The charity is managed by a Committee
of Management, whose members act as
the charity trustees.
In accordance with the governing
document, the Committee consists of:

to appoint one or more trustees

•
Elected members, appointed at the
Annual General Meeting, and
•
Representative members,
appointed by specified local
organisations within the area of
benefit, including the Parish
Council (as Custodian Trustee)
and recognised community user
groups.
Elected members are appointed by those
present and entitled to vote at the Annual
General Meeting and hold office until the
conclusion of the next Annual General
Meeting, at which point they are eligible
for re-election.
Representative members are appointed
by the organisations named in the
governing document, which notify the
Committee of their appointed
representative.
The Committee also has the power to
appoint up to two co-opted members
where it considers this appropriate.
All trustees retire together at each Annual
General Meeting and may be re-appointed
or re-elected in accordance with the
Scheme.

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction and
training of trustees
Para 1.51 New trustees are inducted by existing
trustees and officers and are provided
with information about the charity’s
governing document, objectives,
governance arrangements and key
policies and procedures.
Induction is tailored to the charity’s size
and complexity and typically includes
familiarisation with the operation of the
village hall, financial oversight
arrangements, and the respective roles
and responsibilities of trustees. Trustees
are encouraged to seek advice and
guidance where appropriate and to make
use of Charity Commission guidance and
other freely available resources to
support their role.
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51 The charity is managed by a Committee
of Management, whose members act as
the charity trustees. The Committee
includes elected members, representative
members appointed by local
organisations, and (where appointed)
co-opted members, in accordance with
the governing document.
The charity works closely with a range of
local community organisations and hall
user groups within the Parish of Probus,
including those entitled to appoint
representative members. The charity also
works with Probus Parish Council, which
acts as Custodian Trustee, and liaises
with external bodies such as local
authorities and grant-making
organisations where relevant to the
operation and improvement of the hall.
Relationship with any related
parties
Para 1.51 Probus Parish Council acts as Custodian
Trustee of the charity in accordance with
the governing document. Representative
trustees may also be appointed by local
organisations that use the hall.
These relationships are managed in line
with the charity’s constitution and
Charity Commission guidance. Trustees
act in the best interests of the charity at
all times, and any potential conflicts of
interest are managed in accordance with
established procedures. Trustees do not
receive remuneration for their role.
Other

Reference and administrative details

Charity name Probus Village Hall
Other name the charity uses Probus Village Institute
(historic name used in the original Charity Commission
Scheme)
Registered charity number 300593

Charity’s principal address

Probus Village Hall Amelia Close Probus Cornwall TR2 4TS

Names of the charity trustees who manage the charity.

The trustees listed below served at some point during the reporting period.

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Trustee name Office (if any) Dates acted if not for
wholeyear
Name of person (or body) entitled
to appoint trustee(if any)
Nik Budden Chair From September 2025
Jon Arthur Vice Chair From September 2025
**Abby Cockings ** Secretary From September 2025
Ivan Myles (Chair) Resigned August 2025
Neil Glasson (Treasurer) Resigned Nov 2025
Karen Glasson (Secretary) Resigned Nov 2025
Naomi Buckland Resigned July 2026 Probus Parish Players
Representative
Jo Vincent Resigned July 2026 Parish Council (Custodian
Trustee representative)
Graham Kemp Badminton Club Representative
Tracy Beavill Luncheon Club (MHA)
Representative
Nicola Hughes
Laura Van Kempen-
Wilson
Probus Old Cornwall Society
Graham Bishop Social Media
Karen McMonagle Lettings & Facilities
Louise Taskis Lettings

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year
Probus Parish Council
(Custodian Trustee of
building deeds)

Funds held as custodian trustees on behalf of others

Description of the assets
held in this capacity
The charity does not hold any funds or assets as custodian
trustee on behalf of other charities or organisations.
Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects
Not applicable.
Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own assets
Not applicable.

Additional information (optional)

Names and addresses of advisers (optional information)

Type of Name Address
adviser

Name of chief executive or names of senior staff members (optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report (including directors’ report) above.

Signed on behalf of the charity’s trustees/directors

(electronic signatures following formal email approval)

Signature(s) Nik Budden Jon Arthur Abby Cockings
Full name(s) Nik Budden Jon Arthur Abby Cockings
Position Chairman Vice Chair Secretary
Date 28/07/26 29/07/26 29/07/26

Probus Village Hall

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Registered Charity 300593
STATEMENT OF INCOME & EXPENDITURE FOR THE YEAR TO 31/01/2026
Income 31/01/2026 31/01/2025
Sales (Products) £100.00 £282.00
Sales (Services) £22,491.24 £22,661.02
Sales Refunds -£25.00
Donations & Grants received £6,893.87 £72,447.74
Bank Interest £2.49
Other Income £0.00 £221.85
Total Income £29,485.11 £95,590.10
Expenses
Cost of Sales
Cost of Sales (Labour) -£5,477.92 -£5,372.59
PAYE adjustment for previous years -£1,656.20
Bank Charges (Sum Up Processing Fee) -£1.43
Water Rates -£1,326.00 -£1,051.50
Insurances -£1,474.26 -£1,116.99
Electricity -£1,722.27 -£1,591.69
Gas & Oil -£1,725.23 -£1,762.30
Office Stationery -£1,427.42 -£1,825.18
Internet Charges £0.00 -£281.38
Computer Software -£567.40 -£697.28
Mobile Charges -£126.30 -£98.65
Fixtures & Fittings -£6,405.98
Office Equipment & IT -£12,358.02
Plant & Machinary -£54.99
Consultancy & Professional Fees -£586.24 -£7,725.00
Repairs & Renewals -£6,719.05 -£50,214.72
Cleaning -£669.40 -£181.00
Subscriptions -£86.28
Other Expenses -£100.00
Total Expenses -£23,579.12 -£90,823.55
Earnings Before Depreciation & Extraordinary Items £5,905.99 £4,852.83
Grants Received for FA Purchase/Dilapidations £60,621.76
Depreciation -£7,781.22 -£170.92
SURPLUS/(-DEFICIT) FOR YEAR -£1,875.23 £65,303.67
BALANCE SHEET AS AT 22/06/2026 2026 2025
Fixed Assets £56,246.90 £64,028.12
Current Assets
Cash at bank & in hand (Bank & Paypal) £19,014.35 £11,352.16
Stock
Debtors & Prepayments
Total Current Assets £19,014.35 £11,352.16
Less Liabilities
Paye £0.00 £1,656.20
Creditors
Accruals & Payments in Advance £0.00 £100.00
Total Liabilities £0.00 £1,756.20
Net Current Assets less Current Liabilities £19,014.35 £13,108.36
Total Net Assets £75,261.25 £77,136.48
Represented By
Capital Account
Balance Brought Forward £77,136.48 £11,851.92
Adjustment -£19.11
Total Surplus/(-Deficit for year) -£1,875.23 £65,303.67
Total Funds £75,261.25 £77,136.48
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I have examined the accounts and believe them to be a true and fair record based on the information and records provided

Signed by:

I.M. Taylor A.C.I.B. 22/06/2026