FIGHELDEAN VILLAGE HALL
Continued use by villagers and organisations, hiring of changing room facilities to sports clubs,hiring of facilities for private parties.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves decreased from £28,317.92 to £20,296.61 during the year, with the Treasurer noting a need to control expenditure to restore the bank balance. The charity relies significantly on a single income source, 'The Mast', which generated £14,292 and is described as not guaranteed forever. The trustees report that while income rose by 28%, expenditure also increased by 23%, requiring external grant funding for future investments.
What the accounts disclose
“The Mast continued to provide us with a significant income of £14,292 in 2024. It would be a challenge to run the Hall without this income which is not guaranteed forever but when or if that time comes I am more than confident that the Committee with the help of the community would find a way to continue to keep the Hall running as the Village asset it is.”
Trustees
- Derek Hanson
- Louise Batson
- MAJOR GENERAL DARRELL PETER AMISON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £29k | £33k |
| 31/12/2023 | £24k | £28k |
| 31/12/2022 | £24k | £33k |
| 31/12/2021 | £18k | £32k |
| 31/12/2020 | £16k | £13k |
Common questions
Is FIGHELDEAN VILLAGE HALL financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves decreased from £28,317.92 to £20,296.61 during the year, with the Treasurer noting a need to control expenditure to restore the bank balance. The charity relies significantly on a single income source, 'The Mast', which generated £14,292 and is described as not guaranteed forever. The trustees report that while income rose by 28%, expenditure also increased by 23%, requiring external grant funding for future investments.