2022-03-31-accounts

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											Unrestricted		Restricted			Endowment
	Categories				Details							funds	funds				funds
											to	nearentg	lo	nsarest	E	lo	nearest		E
81 Cash	funds				Bank Accounls							05'712
								Total	cash	funds		05.712
						lsgme balances		mlh recipe snd		payments
									scccufslsg
											Unrestricted		Restricted			Endowment
											funds		funds				funds
					Details						to	nearest 5	to nearest		E	to	nearest	g
82 Other	monetary		assets		Lenlngs	income	recevabl e					26996
					Grani receivable		for Land Management			project					0,250
					at The Valley, Buckden
					Details						Fund to which asset balan		Cost (opbonslj			Currentvalue nllsl
83Investment		assets			Blackrock												1,300
					Details						Fund to which asset baton		Cost	(optional)		Current value tlone|
84Assets mtsined			for	the	Freehold	Property											1 747		553
charity's	own use				Playground Fixtures 5 Fittings												367 5,631
					Solar panels									1'7,500
											Fund to which		Amount due			When due
					Details						gebg	relates	o	petr		0 !loll
85Liabilities					Depcsas	held									696
					Retenbcn	payable	for Land Management								0,250	November		2022
					Projen at The Valley, Buckden
Signed by one or two trustees behalf ofag the trustees				on			Signature					Print	Name			Date of 0 royal
											Matt	Beldam				6December2022
											C nthja Alers					6December2022

Names	ofthe trustees for the charity,	ofthe trustees for the charity,	ifany,	(for example, any custodian trustees)	(for example, any custodian trustees)
Name				Dates acted if not for whole	ear
Buckden	Parish Council ( Custodian	Trustee)

	Names and addresses of	advisers (Optional information)	advisers (Optional information)	advisers (Optional information)	advisers (Optional information)	advisers (Optional information)
T	eofadviser Name			Address
Accountants Streets				Potton House, Wyboston						Lakes, Great North			Road,
				Wyboston,	Beds, MK44				3BZ
Bankers Unity Trust Bank				4 Brindley	Place, Birmingham						B12JB
Solicitors Setfords				74 North Street,			Guildford,			Surrey, GU1		4AW
Name ofchief executive or names ofsenior			staff members		(Optional			information)
	~ a		~ ~								~ ~
Description ofthe charity's trusts
	Type ofgoverning document	Trust deed from		the Charity Commission						(dated 11 August 1969)
	(eg. trust deed, constitution)
	How the charity is constituted	Unincorporated		charitable	trust
	(eg. trust, association, company)
	Trustee selection methods	Elected at Annual General			Meeting
	(eg appointed by, elected by)
Additional governance issues (Optional information)
You may choose to include additional information, where		Recruitment	and Appointment				ofTrustees:
relevant, about:		The Board ofTrustees comprises					of up	to six			village members		(who are
		elected at each		Annual General			Meeting)			and	nominees	ofvarious		village
~	policies and procedures adopted for the induction and training oftrustees;	organisations. On appointment, each Trustee is provided with a Charity Commission information leaflet outlining the role ofa charity trustee and given an induction to the BVHT's work by one ofthe Trust's officers.
~	the charity's organisational
	structure and any wider
	network with which the charity
	works;
~	relationship with any related
	parties;
~	trustees' consideration of
	major risks and the system
	and procedures to manage
	them.

				The object ofthe Trust shall be:
				The provision and maintenance ofthe Buckden Village Hall and
				associated playing fields, sports facilities, children's play area
				and 'valley area'.
				These facilities are to be for the use of residents ofthe parish of
Summary ofthe objects of the charity set out in its governing document				Buckden and neighbourhood. No distinction of sex, race or of political, religious and other opinions should be made.
				Buckden Village Hall is to be used in particular for meetings,
				lectures and classes and for such other forms of recreation and
				leisure time activity as the Trustees may from time to time think
				fit and as may have the object of improving the conditions of life
				for the said inhabitants.
				Overview
				The Charity has continued to manage the facilities ofthe village
				hall and recreation ground throughout the year on behalf ofthe
				residents of Buckden.
				The facilities are used by a wide range oforganisations within
				the village, including the library, village club, playgroup and
				various sports clubs for which there are appropriate leases in
				place.
				Other groups and individuals hire the hall and grounds for
				conferences, wedding receptions and parties
				Financial Review
Summary ofthe main activities undertaken forthe public benefit in relation to these objects (include within				Income decreased by F14,129 to 281,996. As a hospitality business, the Trust was impacted by the periodic restrictions imposed by Government regulations and the slow recovery in the conference and events market post Covid.
this section the statutory				The Trust accessed donations and grants of225,741 to support
declaration	that trustees			regular operations over the year.
have had regard tothe guidance issued by the Charity Commission on public benefit)				An additional grant off441,750was awarded to the Trust for the extensive renovation ofthe 4-acre nature reserve and park for the benefit ofresidents. Overall cash at the bank decreased byf2,602to 285,712,a
				satisfactory outcome given the operational challenges over the
				year.
				Staff cost increases (three staff) were largely driven by living
				wage thresholds, increased national insurance contributions
				and workplace pension contributions.
				The Trustees continue to look for grants and opportunities to
				raise funds for the charity ofthe Village Hall Trust in addition to
				promoting the charity's facilities in order to increase income
				from lettings. The charity's costs and expenses are under
				constant review, and the Trustees are confident that they can
				continue to maintain the facilities for the benefit ofthe
				community.

									Reserves
									It is the policy ofthe charity to maintain sufficient unrestricted funds
									to cover the day to day running costs ofthe charity and to respond
									to specific expenditure requirements as considered necessary. The
									trustees consider that the minimum level ofreserves should be
									830,000to cover a 3-month period, and this threshold was stress-
									tested over the financial year.
									Risk Management
									The trustees are aware ofthe major strategic, business, and
									operational risks which the charity faces. They confirm that
									systems have been established to enable regular reports to be
									produced, so that necessary steps can be taken to lessen these
									risks.
									Future Developments
									~ The Trust has prioritised several improvements over the next few
									years supported by fund-raising and grants.
									~ The Trust's estate 11-acreestate is now over 20 years old and
									reaching end of life, which requires capital expenditure on the
									building infrastructure. We are also prioritising energy-saving
									measures to reduce future running costs across the estate.
									a We intend in the next financial year to refurbish and improve the
									sports pavilion and create a new sports storage facility in possible
									conjunction with the Parish Council. We will also replace our field
									mower which is virtually derelict. The Trust has some grant
									funding agreed in principle for these projects, and we are currently
									in the process ofapplying for planning permission and drafting
									contracts which we can use to obtain further tranches offunding.
Additional				details			ofobjectives		and activities (Optional information)
You may choose to include further statements, where									We are in negotiation with a national sport body to help fund building improvements and upgrades to our sports pitches.
relevant,		about:
~	policy	on		grantmaking;					We are raising funds to continue renovation ofthe park and nature reserve.
~ ~	policy programme investment; contribution made volunteers.							related by	We continue to pursue opportunities to renovate our premises and reduce our carbon efficiency through investment in energy-saving measures such as installing LED lighting.
	~		~						i
									e ~ ~ ~ e
Summary ofthe main achievements ofthe during the year								charity	The Trust continued to be affected by the Covid pandemic and the aftermath in which the hospitality industry experienced a very slow recovery in the corporate conference business. Through careful cost management, the Trust overall maintained a stable financial position.
									Despite the challenges, the Trust raised almost F500,000 in donations
									and grants and completed a major renovation of its 4-acre nature reserve
									and park for residents to enjoy.

Brief statement ofthe charity's policy on reserves	Brief statement ofthe charity's policy on reserves	Brief statement ofthe charity's policy on reserves	It is the policy ofthe charity to maintain enough unrestricted funds to cover the day to day running costs ofthe charity and to respond to specific expenditure requirements as considered necessary. The trustees consider that the minimum level ofreserves should be	It is the policy ofthe charity to maintain enough unrestricted funds to cover the day to day running costs ofthe charity and to respond to specific expenditure requirements as considered necessary. The trustees consider that the minimum level ofreserves should be	It is the policy ofthe charity to maintain enough unrestricted funds to cover the day to day running costs ofthe charity and to respond to specific expenditure requirements as considered necessary. The trustees consider that the minimum level ofreserves should be	It is the policy ofthe charity to maintain enough unrestricted funds to cover the day to day running costs ofthe charity and to respond to specific expenditure requirements as considered necessary. The trustees consider that the minimum level ofreserves should be	It is the policy ofthe charity to maintain enough unrestricted funds to cover the day to day running costs ofthe charity and to respond to specific expenditure requirements as considered necessary. The trustees consider that the minimum level ofreserves should be	It is the policy ofthe charity to maintain enough unrestricted funds to cover the day to day running costs ofthe charity and to respond to specific expenditure requirements as considered necessary. The trustees consider that the minimum level ofreserves should be
			equivalent to three months average expenditure	and	should	maintain			free
			reserves ofF30,000. This amount is under regular review as we are
			mindful ofthe challenging macroeconomic context.
			The Trustees continue to monitor all areas ofthe charity's activities					but
			are comfortable that the current level ofreserves	is a	ro riate,
Details ofany funds		materially
in	deficit
Further financial review details			(Optional information)
You may choose to additional information, relevant about:		include where	The principal source offunding is rental and hire income which has spent on improving our facilities and supporting village clubs on a temporary basis during the pandemic.					been
~	the charity's principal sources offunds (including		We actively fund raise to undertake projects requiring expenditure and which will enhance our facilities for		larger capital residents in line				with
	any fundraising);		our Trust objectives.
~	how expenditure	has
	supported the key objectives
	ofthe charity;
~	investment policy	and
	objectives including any
	ethical investment	policy
	adopted.
			~ a ~ ~ ~ . ~

The tru	stees declare	that they have approved the t	rustees' report ab	ove.
Signed	on behalf of	the charity's trustees
	Signature(s)
	Full name(s)	Matt Beldam	Cynthia	Alers
	Position(s)	Chair	Treasurer
	Date(s)