Charity Accounts Intelreading the accounts so you don’t have to

THE HEMPNALL TRUST

Registered charity 1074433 · accounts filings on the Charity Commission register · also known as THE TOWN ESTATE POOR CHARITY (HEMPNALL)

Manage the Mill Centre for day care, and provide support to Hempnall residents in need, hardship or distress.

Objects

THE RELIEF OF PERSONS RESIDENT IN THE PARISH OF HEMPNALL WHO ARE IN CONDITIONS OF NEED, HARDSHIP OR DISTRESS, AND THE PROVISION AND MAINTENANCE OF A DAY CENTRE AND SUCH OTHER FACILITIES AS THE TRUSTEES THINK FIT FOR THE CARE AND RECREATION OF PERSONS RESIDENT IN THE SAID PARISH AND THE NEIGHBOURHOOD THEREOF WHO ARE IN SUCH CONDITIONS.

Area of benefit: PARISH OF HEMPNALL AND NEIGHBOURHOOD

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Economic/community Development/employment · website · Get email alerts

Latest income
£52k
Latest spending
£56k
Registered
1999
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted funds decreased from £224,912 to £220,401, resulting in a net expenditure for the year. The charity reports that free reserves of £9,519 are sufficient to meet current demands, although it notes that assets from investments were sold in the last two years to ensure all current demands could be met.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: sufficient to meet any major expenditure on the ageing Mill building (held: £10k)
“It is the policy of the charity to maintain free reserves, which comprise the net current assets, at a level sufficient to meet any major expenditure on the ageing Mill building.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Transactions with related parties
“Entities over which the entity has control, joint control or significant influence 3,760 1,452 1,165 1,280”
“The charity has a very close relationship with The Church and Town Estate Property Charity (Hempnall) who provide funding (50% of net income) to the Trust Charity (Hempnall). All trustees of this charity are also trustees of The Church and Town Estate Property Charity (Hempnall).” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Transactions with related parties
“Entities over which the entity has control, joint control or significant influence 3,760 1,452 1,165 1,280”
“The charity has a very close relationship with The Church and Town Estate Property Charity (Hempnall) who provide funding (50% of net income) to the Trust Charity (Hempnall). All trustees of this charity are also trustees of The Church and Town Estate Property Charity (Hempnall).” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: The Mill Bar Company Limited
“The charity has a wholly owned subsidiary The Mill Bar Company Limited which operates a bar from the Mill to generate additional net income.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Corporate structure

THE MILL BAR COMPANY LIMITED — per its own Companies House accounts

    Public profiles (found on the charity’s own website): facebook

    Trustees · trustee networks

    Trustee list from the Charity Commission register (current, not historical).

    Operates in: Norfolk

    Income and spending

    Financial year endIncomeSpending
    31/12/2024£52k£56k
    31/12/2023£40k£56k
    31/12/2022£48k£66k
    31/12/2021£48k£62k
    31/12/2020£63k£68k

    Common questions

    Is THE HEMPNALL TRUST financially healthy?

    Per its FY2024 accounts: The accounts state that unrestricted funds decreased from £224,912 to £220,401, resulting in a net expenditure for the year. The charity reports that free reserves of £9,519 are sufficient to meet current demands, although it notes that assets from investments were sold in the last two years to ensure all current demands could be met. Its FY2024 accounts were independently examined.

    Government & lottery funding

    Grants to this charity published as open data by government and lottery funders (360Giving).

    FunderDateAmountPurpose
    The National Lottery Community Fund08/07/2015£10kUpgrading and Modernising the Hempnall Mill Centre Heating System