## ## ## ## ## ||||||||||||||'||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||~||~|||~
~|~|~ ~|||||| ||||||||||||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)||||