2021-12-31-accounts

			SORP reference
Summary	ofthe purposes	of	Para 1.17	Physical and mental training	and recreation and somal moral
the charity as set out in its overnin document				and intellectual development through the medium of reading and recreation rooms, library lectures, classes, recreations, and entertainments or otherwise
Summary activities purposes benefit, in	ofthe main in relation to those for the public particular, the		Para 1.17and 1.19	Public Parish meetings, recreational group activities, charity fund raisers, functions for the community of Lower Penn and surrounding areas. Community Drop-in events. Meetings of the Climate Change Group
activities,	projects or services
identified	in the accounts.
Statement confirming whether the trustees have			Para 1.18	It is confirmed that the Trustees have had regard to the Charity Commission guidance on public benefit.
had regard to the guidance
issued by	the Charity
Commission on public
benefit

				SORP reference
Policy on	grant making			Para 1.38
Policy on	social investment			Para 1.38
including	program		related
investment
					Currently	five	volunteers		give	freely	oftheir time for the rolls
Contribution		made	by	Para 1.38	ofbookkeeping, hall bookings, and maintenance. They also contribute public events.						assistance their time	with to assist with
volunteers
Other

		SORP reference
			The charity			runs and maintains	the hall for the community
			benefit.	It	enables various groups to			meet and conduct their
			activities		in a warm safe environment.			The use ofthe hall has
			increased			over the year.
Summary ofthe main achievements ofthe charity,		Para Ii20
identifying	the difference the
charity's	work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.

Additional information	(optional)	(optional)
You ma choose to include		further statements	where relevant	about:
Achievements against		Para 1.41
objectives set
Performance offundraising
activities against objectives		Para 1.41
set
Investment performance		Para 1.41
against objectives
Other

Financial Review
Review ofthe charity's		Para	1.21	The Victory Hall is in a good financial				position.	It has
financial position at the end ofthe eriod				increased financial	income from st 3,953to year.		526,550 in the last
Statement explaining the		Para	1 22	Reserves	are held to pay upcoming			bills and savings to
policy for holding reserves statin wh the are held				facilitate payment	a rebuild ofthe premises ofthe only employee, the		in the future. Hall cleaner.		Also to allow
Amount ofreserves held		Para	1.22	587,346
Reasons for holding zero		Para	1.22	N/A
reserves
Details offund materially	in	Para	1.24	None
deficit
Explanation ofany		Para	1.23	N/A
uncertainties about the
charity continuing as a going
concern

The charity's principal
sources offunds (including	Para 1.47
any fundraising)
Investment policy and
objectives including any	Para 1.46
social investment policy
adopted
A description ofthe principal	Para 1.46
risks facing the charity
Other

Description of charity's
trusts:
Type ofgoverning document	Para	1 25	Conveyance and constitution.
How is the charity	Para	1.25	Unincorporated
constituted?
Trustee selection methods	Para	1.25	Trustees	may be elected or		nominated		by	existing	trustees,
including details of any constitutional provisions e.g. election to post or name of			nominated by other organisations, by virtue ofanother position which Lower Penn Parish Counal, sole to appoint new trustees.				or may become they hold. remaining trustee,			trustees is entitled
any person or body entitled
to appoint one or more
trustees

to appoint o trustees	to appoint o trustees	ne or more	ne or more
Additional		information		(optional)
You ma	choose to include further					statements	where relevant	about:
Policies	and		procedures
adopted	for	the induction		and	Para	1 51
training	oftrustees
The charity's			organisational
structure	and		any wider		Para	1.51
network	with		which the
charity works
Relationship			with any related		Para	1.51
parties
Other

Charit	name			Lower Penn	Victo	Hasll
Other name the charit			uses
Re istered charit		number		522694
Charity's	principal	address		Greyhound	Lane,	Lower Penn.
				Wolverhampton
				WV4 4UP

Funds held as custodian	Funds held as custodian	trustees on behalf ofothers
Description ofthe assets
held in this capacity
Name and objects ofthe
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 ofsuch assets
from the charity's own assets

					2021		2020
Income
Craft/May Day/Easter			Fund Raising	900
					900
Hire of Hall
Outside Lettings Received in 2021				720		405
Less: Received in 2021 for 2022				0		0
					720		405
~De osits
Taken before 2021						50
Taken in 2021						0
Less Taken in		Advance for 2022				(50)
Deposits		refunded in 2021				0
Parish Council				120		68
Flower Club				0		300
South Staffs DC - Hall			Hire	225		0
Art Clubs				780		390
Lodge Concord				655		325
Innovation Dance				2,708		0
Donation Received	8		Grants	17,685		11,334
Studio 61				0		700
R Reade				0		424
Glowbugs				510		0
Y Edwards				1,790		0
					24,473		13,541
Interest Received
Building Society Accounts				451
Bank Deposit Account				6
					457
Total Income Received durin 2021					26,550		13,953
Less: Expenditure	for the year 2021				(11,385)		(7,860)
Tradin Profit for	2021				15,165		6,093
Less: Depreciation		for 2021			(100)
					15,065		5,982
Plus: Refurbishment			Fund and Donations
EXCESSOF INCOME			OVER EXPENDITURE	IN 2021	15,055		5,982

			2021	2020
			F,	E
Work carried out	durin 2021
Total Refurbishment	costs during 2021
Funded by monies	received in 2021
Surplus of Expenditure over funds raised		2021
Plus Refurbishment	fund carried forward	from 2020	9657	9657
Total Refurbishment	fund carried forward	to 2022	9657	9657