LYNG & DISTRICT COMMUNITY HALL
To provide a village hall facility for use by the residents of Lyng and the surrounding district
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves of £24,244 were held at the end of the period, meeting the trustees' policy target of £20,000 for asset replacement. Per the trustees' report, the charity faces risks from increasing energy costs and decreasing volunteer availability for maintenance.
What the accounts disclose
“an unrestricted reserve for future asset replacement and major property maintenance at a target level of £20,000 to be achieved by 2026. These targets have now been achieved.”
Register events
- Received assets from another charity (23/09/2016)
Trustees
- Stephen Wyn Davieschair
- Deborah Asbery
- Helena Frances Riches
- Paul Bryan Young
- Rachael Paine
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £31k | £30k |
| 31/12/2024 | £42k | £35k |
| 31/12/2023 | £34k | £33k |
| 31/12/2022 | £33k | £47k |
| 31/12/2021 | £39k | £37k |
Common questions
Is LYNG & DISTRICT COMMUNITY HALL financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves of £24,244 were held at the end of the period, meeting the trustees' policy target of £20,000 for asset replacement. Per the trustees' report, the charity faces risks from increasing energy costs and decreasing volunteer availability for maintenance. Its FY2025 accounts were independently examined.