## ## ## ## ## ## ## |||||||||||Recei|ts and|ts and||a|ents accounts|ents accounts|||ceres| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||ort e pano
from||||01/04/2022|||To|31/03/2023|||| ||||||||~|~|||||||||||| |||||||||Unrestricted
funds|||Restricted||funds||Endowment
funds|Totalfunds|||Last year| |||||||||to the|nearest
5||to|the nearest E|||to the nearest E|to the|nearest 5||to the nearest 6| |A1 Receipts|||||||||||||||||||| |Leases||||||||||69,637||||||||69,8$7|20,003| |Hall Hire||||||||||47,648||||||||47,648|2$,736| |Food supplied||||||||||289||||||||2$9|29| |Donations,
Grants|&Fund Raising|||||||||6,679|||8,250|||||14,929|46'/,491| |Other Income||||||||||1,702||||||||1,792|7,445| |Interest Received||||||||||290||||||||290|42| |u
br|(|ross rncome||||ARJ||||126,495|||8,250|||||I34,745|523,746| |A2 Asset and|investment||||sales||||||||||||||| |(see table).|||||||||||||||||||| |||||Sub total|||||||||||||||| ||||Total|receipts||||||126,495|||8,250|||-||134,745|523,746| |A3Pa
ants|||||||||||||||||||| |stan||||||||||33,121||||||||33,121|35,035| |Food and other supplies||||||||||a47|||||||||391| |Uuliiies||||||||||38,723||||||||38,723|21,102| |Building Services||||||||||$97||||||||897|793| |Repairs &Maintenance||||||||||13,796|||8,250|||||22,046|461,252| |Sundries||||||||||1,787||||||||1,787|3,648| |Professional
Senrices||||||||||2,987||||||||2,987|4,127| |||||Sub total||||||92,158|||8,250|||||100,406|526,348| |A4 Asset and|investment||||||||||||||||||| |purchases,
(see|||table)||||||||||||||||| |Solar Panels - Cost|||||||||||||||||||| |Solar Pane/s - Loan||repaymeiil|||||||||||||||||| |||||Sub total|||||||||||||||| |||Total payments||||||||92,158|||8,250|||-||100,408|526,348| |Net ofreceiptsl(paymentsj||||||||||34,337||||||||34,3|2,692| |A5 Transfers|between|||funds|||||||||||||||| |A6 Cash funds||last year end||||||||85,712||||||||85,712|88,314| |Cash funds|||this|year||end||||120,049||||||||120,049|85,712| |||||~|~||||~
~||~ ~||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||Unrestricted||Restricted||||Endowment|| |||||||||funds|||funds|||funds|| |||||||||to nearest 5||to|awutat||5|to neer stf|| |Bt Cash funds||sailk Accoiihts|||||||120049||||||| |||||Total|cash funds||||120,049||||||| |||(ag e hd||wiNrecetpls||and payments|||||||||| |||||||sca|nllsll||||||||| |||||||||Unrestricted||Restricted||||Endowment|| |||||||||funds|||funds|||funds|| |||IJ ieii||||||to ntersstf||to|nearest||5|lonea
stf|| |B2Dther monetary assets||I ettings|ncome receveeie||||||33,218||||||| |||I'01345||||||Fund
asset|Iowhich
Irel|||||Current value
lans|| |B3investment|assets|Slackrock||||||||||||I oge|| |||||||||Fund|towhich|||||current
value|| |||||||||asset|baton|||||0
encl|| |B4Assets retained for the||Freehold|Properly|||||||||||1,747,553|| |charity'0
own|use|Playground
Fistulas It Flange||||||||||||5|397
631| |||Solar panels|||||||||||17,500||| |||||||||Fund|to which|Amount||due||When due|| |||||||||blblll|isletss||0 tktus|||one|| |65 Liabilities||Deposits|held||||||||||2,355||| |Signed by one or two trustees on
behalf of ag the trustees||||Si na|||||Print|Name||||Date of
0
roust|| ## ## ## ## ||||~ ~|~
~| |---|---|---|---|---| ||||The|object ofthe Trust, as set out in the Constitution,
are:| |||||The provision
and maintenance
ofthe Buckden Village
Hall and| |||||associated
playing
fields, sports
facilities,
children's
play area| |||||and 'valley area'.| |Summary|ofthe objects of|||These facilities are to be for the use of residents
ofthe parish of| |the charity|set out in|its||Buckden and neighbourhood.| |governing|document|||No distinction
of sex, race or of political,
religious
and
other| |||||opinions
should be made.| |||||The
Trust
is
not
affiliated
with
any
political
or
religious| |||||organisation.| ||||Overview|| |||||The Trust 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|| |||||Income excluding
grant income increased 53%toE119,816as| |||||hire income slowly recovered
post Covid and lease increases| |Summary|ofthe main|||for utilities and inflation were implemented.
Rates for hire| |activities undertaken||for the||continue to offer good value for high quality facilities with| |public benefit in relation to
these objects (include within
this section the statutory
declaration
that trustees
have had regard to the
guidance
issued by the||||average Google ratings of4.7/5.0 stars from customers.
Lease
rents are based on independent
third party surveyor
valuation
reports to ensure fair commercial
rates.
Grant income decreased
over the year, reflecting
the large
grant obtained
in 2022 for remediation
work on the nature
park| |Charity Commission||on||and lake. The Trust continues
to actively seek grant funding| |public benefit)||||and secured just under f15,000 in the year, the majority of| |||||which was spent on increasing
biodiversity
in the grounds
and| |||||grounds
maintenance.| |||||Overall cash at the bank increased
by f34,337tof120,049,| |||||reflecting the recovery
in the hospitality
industry
and careful| |||||financial
management.| |||||Staff costs decreased
marginally
as one post proved
difficult to| |||||fill. Volunteers
filled the gap, ensuring
that there was no| |||||diminution
in customer service| |||||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.| |R||||4 of7
March 2020| |Reserves|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| ||F30,000to cover a 3-month
period, and this threshold
is stress-| ||tested over the financial year.| |Risk Management|| ||The Trustees are aware ofthe major strategic, business,
and| ||operational
risks which the Trust faces. They confirm that systems| ||have been established
to enable regular reports to be produced, so| ||that necessary steps can be taken to mitigate these risks.| |Future Developments|| |~|The Trust has prioritised
several improvements
over the next few| ||years supported
by fund-raising
and grants,
particularly
in energy-| ||saving measures
to reduce future
running
costs across the estate| ||and achieving
sustainability
and net zero targets.| |~|The Trust's
main
hall is over 50years old, with the newer| ||extensions
now over 20 years old. The fabric and fittings
will need| ||to be replaced
in the next few years, which require
capital| ||expenditure
on the building
infrastructure,
as well as fittings and| ||furniture.| |~|In the next financial
year, the Trust is working
with sports bodies to| ||improve the condition ofthe playing
fields and to create a new| ||sports storage facility.
The field mower which
is virtually
derelict,| ||will also be replaced
using the grants Trustees successfully
raised.| ## |Ad|ditional
details|o|fobjective|s and activities (Optional
information|)||| |---|---|---|---|---|---|---|---| |||||The Trust continues
to work with the|Football Association|and partners|| |||||(Howdens)
to help fund building
improvements
and upgrades
to|||our| |You may choose
further statements,
relevant,
about:||to include
where||sports pitches.
The Buckden Parish
grounds
maintenance
and purchased
park.|Council provided
grants for
a floating
island for the nature||| |a|policy on grantmaking;|||The Trust continues to raise funds towards the renovation||of its|11-| |||||acre estate and buildings.|||| |~|policy programme||related||||| ||investment;|||The Trust is very focused on sustainability
and resilience||and|| |~|contribution
made
volunteers.||by|continues
to pursue
opportunities
to
carbon efficiency through
investment|renovate
its premises
and improve
in energy-saving
measures
such||| |||||as installing
LED lighting.|||| |||||A volunteer
rou
has been formed|to maintain
the Valle|area,|| ||~|~|||~
~
~|| |---|---|---|---|---|---|---| |Summary ofthe main
achievements
ofthe charity
during the year|||||The Trust is an integral
part ofvillage
life, offering facilities and activities
that cover a wide range of interests
for residents, as well as providing
a
quality setting for life milestones,
such as children's
parties, weddings,
wakes, church services and clubs. The Trust takes into account|| ||||||comments
and suggestions
from residents
and also works closely with|| ||||||the Parish Council to fulfil longer term delivery
priorities,
although
the|| ||||||Trust and Parish Council are separate
legal entities
with separate
and|| ||||||independent
boards.
The Trust is fully financially
self-supporting
and|| ||||||receives no regular financial
support
from the Parish Council, other than|| ||||||a modest grant for grounds-keeping
and payment ofthe playground's|| ||||||maintenance.|| ||||||The Trust takes
it charitable
status very seriously and supports
a number|| ||||||of public interest charities
including
providing
storage for the British|| ||||||Legion, facilities for NHS blood banks and clinics and rooms for charity|| ||||||fund-raising
events.
The Trust reviews
all charitable
requests
for support|| ||||||fairly without
distinction
ofsex, race or of political, religious
and other|| ||||||opinions.
All applications
are welcome
and reviewed
by the Trust board|| ||||||for decision.|| ||||||The Trust secured charitable
donations
from the Football Association|| ||||||who funded
refurbishment
ofthe playing
fields, Howdens
who provided|a| ||||||new kitchen
in the sports pavilion,
the Parish Council who donated
funds|| ||||||towards
pitch maintenance,
OBAS (Offords and Buckden Angling|| ||||||Society) providing
a stock offish for the Valley and the Tree Council who|| ||||||provided a grant to plant a native English hedge
in the Valley, continuing|| ||||||efforts to improve
biodiversity
and enhance
the nature
environment
for|| ||||||residents.|| ||||||The Trust works hard to expand
and develop
its customer base, with|| ||||||several
new training
contracts, a full weekend
ofdance competition,
a|| ||||||second year ofthe popular
pantomime
and an Exotic Cat Show.|| ||||||Following
the success ofthe Queen's
Jubilee tea last year, the Trust|| ||||||again helped to organise a Coronation
tea, inviting
single elderly people|| ||||||who might be experiencing
loneliness
and isolation.
Over 200 people|| ||||||attended
both events.|| ||||||The Trust maintains
high standards
of customer service, averaging
a|| ||||||rating of4.7 out of5stars on Google reviews.
The Trust also|| ||||||successfully
renewed
its ACRE Hallmark
1 accreditation
for governance|| ||||||and management.|| ||||||It is the policy ofthe charity to maintain
enough
unrestricted
funds to|| |Brief|statement|||ofthe|cover the day to day running
costs ofthe charity and to respond
to|| |charity's||policy||on reserves|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
in the post-Covid|| ||||||world.|| ||||||The Trustees continue
to monitor
all areas ofthe charity's
activities
but|| ||||||are comfortable
that the current
level ofreserves
is a
ro riate.|| |TAR|||||6 of7
March 2020|| ## ## ## ##