Trustees Annual Report April 2023 to March 2024 – Seghill Colliery Institute
Over the past year we have endeavoured to update our building which is now 118 years old and we are continuing to repair the wood weevil infestation and in this financial year we commenced the updating of our main hall toilets by replacing all the flooring, replacing all the toilets and disabled access. We wish to thank our granters who have donated monies to enable us to continue with the repairs to our building and also thanks to everyone who has contributed towards the fundraising and keeping the centre open for the benefit of the residents of Seghill.
We were at Christmas able to give over 70 Christmas parcels to our over 80 years young residents which were gratefully received and will continue to fundraise to enable us to keep undertaking this activity in the future.
We continue to support our hirers and the centre is well used during the evenings, but would like to promote our building and rooms we have available during the day and we have seen two new groups hiring the building, Pilates and Yoga along with one of events hiring one of our meeting rooms for community information.
We have had to inform our hirers as proposed at the Annual General Meeting that we must increase the hire charge which will take effect in September 2024 to enable us to pay our sundry bills, i.e. energy, water and sundry items which are essential to keep the building open for our residents and the wider community.
We are still having problems in obtaining further Trustees which we require a further two, due to people believing that their homes could be taken away. I did contact the Charity Commission to see if under our Governance Document we could insert a clause stating that only a fixed amount could be paid i.e. £1.00, however this was not possible. I also asked if we could change to a CIO which has this guarantee, however this again does not seem feasible for our charity. I have updated our Governance Documents and sent them to the Charity Commission.
Heather Johson (Trustee & Secretary)
May 2024
| foodhub | Tute | Improvements | Fundraising | Balance | ||
|---|---|---|---|---|---|---|
| write of | ||||||
| Carried Forward 22/23 | -£69.77 | £9,957.89 | £17,408.28 | £3,148.10 | £30,444.50 | |
| Income | £16,946.75 -£19,422.78 | £41,017.06 -£33,646.30 | £1,486.00 | -£2,058.56 | £59,449.81 | |
| £26,904.64 | £58,425.34 | £4,634.10 | £89,964.08 | |||
| Expenditure | -£19,422.78 | -£33,646.30 | -£2,058.56 | -£55,127.64 | ||
| Balance | -£69.77 | £7,481.86 | £24,779.04 | £2,575.54 | -£20.00 | £34,746.67 |
Independent examiner's report to the Trustees of 5eghill Colliery Instftute I report to the trustees on my examination of the accounts of Se8hill Colliery Institute for the year ended 31st March 2024. Responslbllllles and bas15 of report As the Charity Trustees of the Trust. you are responsible for the preparation of the accounts in accordan with the requirements of the Charities Act 2011 (The Artl. I report in respett 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 all the applicable direth.ons given by the Charity Commission under Section 14515llbl of the Act. Independent Examiner's Staternent I have completed my examination and I confirni that no material matter5 have come to my attention in connection with the examination gNing me cause to believe that in any material respert: l. Accounting records were not kept in respert of the Trust as required by Section 130 of the Act. or 2. The accounts do not accord with those records. I have no concems and hève come across no other matters in connethon with the examination to which attention should be drawn in this report. in order to enable a proper understanding of the accounts to be reached. Signed- Name.. R Ic trlAEf) Addre55'. 23 HArriELD bQiy& gEL-14iLL ceAALI{- iortj rtJ£ 23 7rL,' Relevant professional qualification or membership of professional bodie5 lif any) Date: