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2025-03-31-accounts

HALL LONG MELFORD VILLAGE MEMORIAL HALL Chemist’s Lane, off Hall Street, Long Melford, Suffolk CO10 9JQ CHARITY NUMBER: 304917

TRUSTEES ANNUAL REPORT

for the period 1 April 2024 to 31 March 2025

Objectives and Activities

The purposes of the charity as laid out in its governing document are:

“A Village Hall for the use of the inhabitants of Long Melford and the neighbourhood (hereinafter called "the area of benefit") without distinction of sex or of political, religious or other opinions, and in particular for 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.”

The main activities undertaken by the charity for the benefit of the public are:

The hall also has regular and ad hoc commercial lettings, including an Antiques Fair and a Book Fair. In deciding whether and which organisations and activities may be undertaken at the Hall, the Trustees have regard to the guidance issued by the Charity Commission on public benefit. We strive to ensure an appropriate balance between the public use of the premises in accordance with our purposes, and commercial and private lettings which help us to raise funds to cover the upkeep of the premises.

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VILLAGE MEMORIAL HAL LONG MELFORD VILLAGE MEMORIAL HALL

Chemist’s Lane, off Hall Street, Long Melford, Suffolk CO10 9JQ CHARITY NUMBER: 304917

Structure, Governance and Management

The charity’s property comprises the village hall and associated land off Hall Street in Long Melford. The legal title to the property is held on trust for the charity by the late Sir Richard Hyde Parker and Long Melford Parish Council (LMPC). (The trustees are in the process of transferring the title to Sir William Hyde Parker and LMPC.) The governing document of the charity is the conveyance of the premises to those holding trustees in 1961, as amended in April 2013 and May 2024. The charity is an unincorporated charity administered by a Management Committee comprising:

During the year, the following individuals served on the Management Committee:

Trustee name Office (if any) Dates acted if not
for whole year
Appointing body/Elected/Co-
opted
1 Phil Buck 1 Phil Buck Chair Elected
2 Elizabeth Haywood 2 Elizabeth Haywood Lettings Coordinator Elected
3 Alicja Holland 3 Alicja Holland -
Treasurer
To 17/07/2024
From 17/07/2024
Co-opted
Elected
4 Lady Hyde Parker 4 Lady Hyde Parker - To 05/06/2024 Women’s Institute
5 Angela McKenna 5 Angela McKenna - From 05/06/2024 Women’s Institute
6 John Nunn 6 John Nunn - Royal British Legion
7 Adrian Oakley-Dow 7 Adrian Oakley-Dow - Elected
8 Stuart Palmer 8 Stuart Palmer Hon. Secretary Elected
9 Lisa Tipper 9 Lisa Tipper Treasurer
-
To 17/07/2024
From 17/07/2024
Parish Council
Parish Council
10 Jeremy Willetts 10 Jeremy Willetts - To 17/07/2024
From 17/07/2024
Elected
Co-opted

The Methodist Chapel is no longer in existence. The Youth Organisation and the Parochial Church Council did not appoint a representative member.

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LONG MELFORD VILLAGE MEMORIAL HALL

Chemist’s Lane, off Hall Street, Long Melford, Suffolk CO10 9JQ CHARITY NUMBER: 304917

During the year the trustees resolved to make a minor amendment to the Constitution reducing the quorum for trustee meetings from six to four. This was approved by the Charity Commission and subsequently endorsed by the Annual General Meeting on 17[th] July 2024.

Achievements and Performance

The Village Hall has been used extensively during the year, with a strong calendar of regular classes with a wide variety of activities. In addition, many private parties have been held at the hall, helping to cover the costs of upkeep and maintenance. The regular commercial lettings for an Antiques Fair and Book Fair both provide an income to cover the costs of maintaining the hall and serve the residents of the area of benefit.

During the year an area of rot was found in the floor in the kitchen, with another subsequently identified in the Gentlemen’s WC. Although repairs were undertaken, further areas of weakness in the floor in the WC have developed. Temporary repairs have been undertaken and damp/timber experts have been consulted. Full repairs will be undertaken as soon as practicable.

The installation of solar panels and batteries to capture and store electricity was completed towards the end of the financial year. It is hoped these will significantly offset our increasing electricity costs.

The Village Hall Car Park has been made available for public use, without charge but with donations invited. The income has helped to defray the costs of maintaining the car park and the Hall.

Melford Movies screenings have been well attended with an average audience of 48. A local community group is chosen each movie night and the proceeds of the raffle go to that nominated group. In total £619 was raised for local good causes in this way.

The charity continues to produce Melford Matters; a magazine distributed every two months to over 2,000 properties in the area of benefit. The magazine has been well received. Editorial decisions and any opinions expressed are independent of the Committee.

Financial Review

As a result of the significant expenditure on the solar panel project, profit for the year fell to £4,576 (2023-24: £6,320). Underlying performance was steady, with overall bookings income of £26,594 (2023-24: £24,714). Grant funding of £9,414 was received from Babergh District Council to support the solar panel installation. Premises expenses increased to £36,948 but, stripping out the cost of the solar panels (£18,828), the underlying building costs were slightly down at £18,120 (2023-24: £19,147).

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VILLAGE MEMORIAL HAL LONG MELFORD VILLAGE MEMORIAL HALL

Chemist’s Lane, off Hall Street, Long Melford, Suffolk CO10 9JQ CHARITY NUMBER: 304917

Melford Movies recorded a 19% increase in income to £2,332 though this was offset by a corresponding increase in expenses to £944. Profit increased slightly to £1,389 (2023-24: £1,333).

Car park donations fell slightly to £2,906 (2023-24: £3,061). This goes towards the upkeep and maintenance of a very important car park for the village. It should be noted that some areas of the car park are deteriorating and the Committee anticipate costly repairs might be required in the coming year.

Melford Matters advertising income for the financial year was significantly higher at £9,655 (202324: £5,974), while costs fell to £8,434 (2023-24: £9,680), resulting in a profit for the year of £1,221 (2023-24: £3,706 loss). These figures are volatile because large payments for annual adverts, due around the end of our financial year, may be received early or late. The editorial team (which includes four Trustees) monitors income and expenditure carefully to ensure that, over the course of year, the income covers the printing costs.

At the end of the financial year current assets stood at £69,747 (2023-24: £65,171). The restricted Capital Reserve fund was unchanged during the year, remaining at £40,000 . Unrestricted funds therefore stand at £29,747 . The target for unrestricted funds, as set out in our Reserves Policy, was unchanged at £12,000 . The Committee was content, in the short term, to hold more than this in unrestricted funds given the prospect of significant costs for repairs to the rotten floors and the car park in the coming year.

Unrestricted
Funds
Capital Reserve Fund
(Restricted)
Total Funds
Balance as at 1.4.2024 £25,171 £40,000 £65,171
Excess income over
expenditure
£4,576 £- £4,576
Transfer to Capital Reserve £- £- £-
Balance as at 31.3.2025 £29,747 £40,000 £69,747

The Committee also confirmed that for our purposes the accounts should continue to use the Receipts and Payments basis.

Given the current cash balance, and bearing in mind the demand for lettings, costs of repairs and maintenance and charges for utilities, the Committee has a reasonable expectation that the charity can continue as a going concern for the foreseeable future.

Signed:

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LONG MELFORD VILLAGE MEMORIAL HALL

Chemist’s Lane, off Hall Street, Long Melford, Suffolk CO10 9JQ CHARITY NUMBER: 304917

2024/5 Treasurer’s Report

Our thanks go to Richard Carter for his time and expertise in carrying out the independent examination of our accounts and, also to Lisa Tipper for the ongoing work she completes.

As in previous years, the charity reports it accounts using the cash basis.

Comparing the year to March 31[st] 2025 with that of the previous year, total profit was down by 28% at £4,576. During the year, the trustees commissioned solar panels to be installed. Already we can see benefits of this and the electricity contracts being reviewed in the year alongside generation from the solar panels, has started to reduce our expenditure on electricity already. This was an expenditure of £18,828 in February. This profit currently sits in the current account and will be used for maintenance of the building in the forthcoming year such as repairs to the car park and redecoration of the interior of the hall.

The overall bookings income was £26,594 which was an increase of £1.8k to last year. The Trustees did not increase hire fees in the 2024/5 year.

Melford Movies also had a good year and generating a profit of £1,389 which is 4% up on last year. Numbers are stable at Melford Matters events and the team have enjoyed putting these on for the village again this year.

Car park donations were of £2,906, down 5% on last year. These donations go towards the upkeep and maintenance of a very important car park for the village. It is likely the decrease in donations is not as it should be due to a spate of vandalism and thieving from car parks in Melford. The village was targeted multiple times though the Trustees empty the donation tank regularly so the likely effect would have actually be something very similar in donations to last year had some funds not been stolen.

Melford Matters comes under the umbrella of the Village Hall and its invoicing and expenditure is being recorded within the Village Hall accounts. The advertising in the magazine generates revenue to cover the print costs.

At the end of the financial year the funds of the charity are £69,746.53. Of this £40,000 forms restricted reserves.

Alicja Holland

14[th] July 2025

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name members of Long Melford Village Memorial Hall On accounts for the year 31[st] March 2025 Charity no 304917 ended (if any)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/03/2025.

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Address: On file

1

IER

Section B Disclosure

Give here brief details of any items that the examiner wishes to disclose .

Accounts are clear and well-produced. No materials issues identified to bring to the trustees’ attention.

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IER

Income & Expenditure Summary Report by Cost Centre

Prior Year (Full Year) Prior Year (Full Year) Current Year YoY
as at 31/03/2024 to 31/03/2025 %
Regular*
Income £20,073 £19,916 1% q
Expenditure £15,613 £27,714 78% p
Babergh Rates 30 29 5% q
Electricity 3,240 2,016 38% q
Gas 769 692 10% q
Water 526 939 79% p
Telephone/Internet 365 326 11% q
Caretaker / Cleaning 3,392 2,691 21% q
Grass Cutting 473 668 41% p
Babergh Bins 402 401 100% p
Licences 285 401 41% p
Insurance 591 557 6% q
Anglian Fire Services 0 351 100% p
Sundry 979 1,009 3% p
Website 218 258 18% p
Repairs/Maintenance 2,081 2,617 26% p
Equipment 2,263 14,759 552% p
Profit / (Loss) £4,460 (£7,798) 275% q
Lettings*
Income £4,641 £6,678 44% p
Expenditure £3,534 £9,234 161% p
Babergh Rates 7 10 36% p
Electricity 733 672 8% q
Gas 174 231 33% p
Water 119 313 163% p
Telephone/Internet 83 109 31% p
Caretaker / Cleaning 768 897 17% p
Grass Cutting 107 222 108% p
Babergh Bins 91 134 100% p
Licences 65 134 106% p
Insurance 134 186 38% p
Anglian Fire Services 0 117 100% p
Sundry 202 336 66% p
Website 49 86 75% p
Repairs/Maintenance 471 872 85% p
Equipment 512 4,918 860% p
Profit / (Loss) £1,107 (£2,556) 331% q
Melford Movies
Income £1,959 £2,332 19% p
Box Office 1,685 2,067 23% p
Catering 274 265 3% q
Expenditure £626 £944 51% p
Profit / (Loss) £1,333 £1,389 4% p
Car Park Revenue
Income £3,061 £2,906 5% q
Profit / (Loss) £3,061 £2,906 5% q
Melford Matters
Income £5,974 £9,655 62% p
Expenditure £9,680 £8,434 13% q
Profit / (Loss) (£3,706) £1,221 133% q
Donations
Income £65 £9,414 0% q
Profit / (Loss) £65 £9,414 0% q
Total Income £35,773 £50,901 42% p
Total Expenditure £29,454 £46,325 57% p
Profit or (Loss) £6,320 £4,576 28% q
P

*note: lettings and regulars expenditures are apportioned costs of those not relating to Melford Matters or

Melford Movies

3

IER