THE COLTON VILLAGE HALL - COLTON
Provision & maintenance of a village hall for the use of the inhabitants of the Parish of Colton with out distinction of political, religious or other opinions, including use of 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
Financial health, per its FY2025 accounts
The accounts state that the charity holds current financial reserves of £15,000, which is below the trustees' stated policy target of building reserves to a total in excess of £30,000. The trustees note that the repayment of a three-year interest-free loan taken to fund solar panel installation will materially impact their ability to build financial reserves in the near term.
What the accounts disclose
“Funds are raised through: 1. Fund-raising events organised by the Management Committee; 2. Hire charges to village organisations 3. Hire charges to private individuals, whether living inside the Parish or outside, and to organisations based outside the Parish. 4. Grants for large items of capital expenditure if available,”
“It remains the policy of the trustees to build back the reserves to a total in excess of £30,000 over the coming years..” — page 8
Trustees
- John Macmillanchair
- Edward Tucker
- Fiona O'Brien
- Ian Hadridge
- John Richard Dean
- Lynne Richardson
- MR Richard Monbiot
- ian Everall
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £29k | £32k |
| 31/03/2024 | £16k | £18k |
| 31/03/2023 | £12k | £30k |
| 31/03/2022 | £26k | £37k |
| 31/03/2021 | £25k | £11k |
Common questions
Is THE COLTON VILLAGE HALL - COLTON financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds current financial reserves of £15,000, which is below the trustees' stated policy target of building reserves to a total in excess of £30,000. The trustees note that the repayment of a three-year interest-free loan taken to fund solar panel installation will materially impact their ability to build financial reserves in the near term.