PARKSIDE COMMUNITY HALL
Provision of a Community Hall for the town and surrounding area of Ampthill in Mid Bedfordshire.
Financial health, per its FY2024 accounts
The accounts state that the charity's unrestricted reserves stood at £202,269.64 as of 31 December 2024, derived from a closing bank balance of £213,611.04 less liabilities. The trustees' report notes that the hall's operating profit was barely £4,000 despite increased hiring charges, and that continued reserve building depends on fundraising efforts to cover maintenance costs.
What the accounts disclose
“Total All Hall Activities - Excluding Grants & Furlough Receipts Income £95,627.74” — page 2
“The Hall has continued to try to build up reserves to pay for medium and long- term repairs, replacement and maintenance, but the only way this can be continued is by fund raising.” — page 1
Property (HM Land Registry)
Trustees
- Christoper Hedgeschair
- Ann Russell
- Clive STALLWOOD
- EILEEN SUMMERFIELD
- Gary Summerfiel
- Ian Hamon Watt
- Ian Titman
- Jeffery Simmons
- Roy Frederick Tebbutt
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £99k | £89k |
| 31/12/2023 | £87k | £60k |
| 31/12/2022 | £73k | £36k |
| 31/12/2021 | £34k | £27k |
| 31/12/2020 | £24k | £17k |
Common questions
Is PARKSIDE COMMUNITY HALL financially healthy?
Per its FY2024 accounts: The accounts state that the charity's unrestricted reserves stood at £202,269.64 as of 31 December 2024, derived from a closing bank balance of £213,611.04 less liabilities. The trustees' report notes that the hall's operating profit was barely £4,000 despite increased hiring charges, and that continued reserve building depends on fundraising efforts to cover maintenance costs.