TRIMINGHAM VILLAGE HALL TRUST
To provide and maintain a village hall or village halls for the use of the inhabitants of Trimingham and the surrounding villages for the use of meetings, lectures, classes, other forms of recreation and leisure time occupation with the object of improving the conditions of life of the residents.
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a net operating income of £4,883 before depreciation, resulting in a net accounting deficit of £19,342 due to depreciation charges of £26,637. Despite this deficit, the trustees report a sound financial position with unrestricted cash reserves of £58,785 and no external borrowings. The charity maintains a reserves policy target of 24 months of operational expenditure, which it currently exceeds.
What the accounts disclose
“Total income for the year amounted to £28,264, reflecting strong rental income from regular user groups and successful fundraising activities.” — page 5
“It is the policy of the charity to maintain unrestricted funds, which are free reserves of the charity, at a level to provide sufficient funds to maintain operations for 24 months.” — page 5
Property (HM Land Registry)
Trustees
- Bruce Gooch
- Christopher John Harrison
- Daniel James Gotts
- John Charlesworth Mr
- John Harrod
- Philip Stainsby Kaye
- Richard Frederick Wallis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £31k | £23k |
| 31/03/2024 | £22k | £25k |
| 31/03/2023 | £20k | £39k |
| 31/03/2022 | £24k | £12k |
| 31/03/2021 | £27k | £10k |
Common questions
Is TRIMINGHAM VILLAGE HALL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity recorded a net operating income of £4,883 before depreciation, resulting in a net accounting deficit of £19,342 due to depreciation charges of £26,637. Despite this deficit, the trustees report a sound financial position with unrestricted cash reserves of £58,785 and no external borrowings. The charity maintains a reserves policy target of 24 months of operational expenditure, which it currently exceeds. Its FY2025 accounts were independently examined.