OpenCharities

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2024-02-29-accounts

Trustees’ Annual Report for the period

From Period start date To Period end date

Charity name:

Charity registration number:

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 The Charity maintains the
Lophams’ Village Hall for the
benefit of local people by
allowing the hall to be used
for family events and
bringing in outside providers
to run events, educational
courses and sports
opportunities in which local
people can participate .
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
Educational Services
Sporting Activities
General congregation of the community
for social interaction and support
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 Yes the trustees have had regard to the
guidance issued by the Charity
Commission on public benefit

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference
Para 1.38
Policy on grant making
Para 1.38
Policy on social investment
including program related

investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

SORP reference
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 We have provided a safe and affordable
environment for our beneficiaries to
enjoy educational, social and sporting
activities.
The charity provides an important venue
for our rural community supporting a
whole variety of local needs.

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

Achievements against
objectives set
Para 1.41
Performance of fundraising
activities against objectives
set
Para 1.41
Investment performance
against objectives
Para 1.41

Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 The charity is in good financial health
with expenditure and income balanced
over the period.
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 There is a substantial building to
maintain and so a reserve is essential for
unexpected costs.
Amount of reserves held Para 1.22
Reasons for holding zero
reserves
Para 1.22
Details of fund materially in
deficit
Para 1.24
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 There are none.

Additional information (optional)

Additional information (optional) Additional information (optional) 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 Hall and sports field hirings, events.
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46
A description of the principal
risks facing the charity
Para 1.46
Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25 Trust deed
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 Unincorporated Association
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25 Trustees selected via agreement of
management committee including
existing trustees

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
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51
Relationship with any related
parties
Para 1.51
Other

Reference and Administrative details

Charity name Lophams’Village Hall and Playing Field
Other name the charity uses
Registered charity number 304003
Charity’s principal address Lophams’ Village Hall and Playing Field, North Lopham, IP22
2LW

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body)
entitled to appoint trustee (ifany)
Michael Shipperlee Chairman
Russell Golledge Treasurer
Jennifer Vere
Jim Pursehouse Vice Chairman

– 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

Funds held as custodian trustees on behalf of others

Description of the assets None held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

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

Charity Name No (if any) No (if any) No (if any)
Lophams' Village Hall
304003
Receipts and payments accounts
For the period
from
Period start date
To
Period end date
01-Mar-22
28-Feb-23
~~ee~~
~~ee ee~~
CC16
a
Section A Receipts and payments
~~a~~
Unrestricted
funds
Restricted funds Endowment
funds
Total
funds
Last year
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the
nearest £
to the
nearest £
A1 Receipts(IN)
- -
Farmers Market
6,057
6 6,057 7,428 -18%
Hiring of Hall
3,352
3 3,352 2,236 50%
Steam Rally - - #DIV/0!
Bonfire & Fireworks
4,927
4 4,927 6,327 -22%
Lottery Stakes
5,163
5 5,163 5,410 -5%
Grants & Donations - - #DIV/0!
Electric Meter Income
137
137 137 115 19%
Other income 9,000 9 9,000 - #DIV/0!
Interest
32
32 32 3 967%
Xmas Fair 2022
581
581 581 #DIV/0!
- - #DIV/0!
Sub total(Gross income for AR)20,249 9,000 - - 29,249 29,249 21,519 -6%

A2 Asset and investment sales, (see table). - - - - - - - - - Sub total - ~~eS~~ Total receipts 20,249 9,000 - 29,249 21,519 ~~ff~~

A3 Payments (OUT)

A3 Payments (OUT)
Farmers Market costs 3,652
Licences & Administration 1,162
Insurance 900
Maintenance 2,395
Electricity 1,029
Cleaning 698
Equipment 1,639
Xmas Fair 195
Bonfire & Fireworks costs 4,446
Lottery Prizes 3,953
LV Committee Donation 250
Sub total 20,319
- -8%
45%
4%
68%
95%
32%
42%
100%
13%
27%
#DIV/0!
24%
3,652 3,975
1,162 800
900 862
2,395 1,426
1,029 527
698 528
1,639 1,151
4,446 3,946
3,953 3,115
250
- - Cross Add
Error
16,329
A4 Asset and investment
purchases, (see table)
- - - 0
- - - 0
**Sub total ** - - - 0 -
Total payments 20,319 - - #VALUE! 16,329
Net of receipts/(payments) (70) 9,000 - #VALUE! 5,190
A5 Transfers between funds - - 0 -
A6 Cash funds last year end 43,807 - - 43,807 36,872
Cash funds this year end 43,737 9,000 - #VALUE! 42,062
#VALUE!

Section B Statement of assets and liabilities at the end of the period

Categories
B3 Investment assets
B2 Other monetary assets
B1 Cash funds
Details
Details
(agree balances with receipts and payments account(s))
Details
Total cash funds
General Account
Lottery Current Account
Deposit Account (Development Fund)
Petty Cash
Details
Unrestricted
funds
to nearest £
7,490
1,182
34,935
130
43,737
OK
Unrestricted
funds
to nearest £
-
-
-
-
-
-
Fund to which
asset belongs
Fund to which
asset belongs
Restricted
funds
to nearest £
-
-
9,000
-
9,000
OK
Restricted
funds
to nearest £
-
-
-
-
-
-
Cost
(optional)
-
-
-
-
-
Cost
(optional)
Endowm
ent
funds
to nearest
£
-
-
-
-
-
OK
Endowm
ent
funds
to nearest
£
-
-
-
-
-
-
Current
value
(optional)
-
-
-
-
-
Current
value
(optional)

B4 Assets retained for the - - charity’s own use - - - - - - - - - - - - - - - - ~~= 55:~~ Fund to which Amount due When due Details liability relates (optional) (optional) B5 Liabilities - - - - - Signed by one or two trustees on Date of Signature Print Name behalf of all the trustees approval ~~==555~~

LOPHAM VILLAGE HALL & PLAYING FIELD – charity number 304003

I have examined the accounts for the above charity for 2023/24 and clearly it has been a busy year for the Village Hall with a lot of activity to improve and upgrade the facilities. Based on the receipt and payment analysis, I certify that this is a true reflection of the charity for the year ending February 2024.

Simon Blyth.