THE DOWNTON MEMORIAL CENTRE
Provide the running and maintenance of the Village Hall
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £31,915 at the year-end, which the trustees describe as a strong financial position exceeding their policy target of approximately £29,425. The charity reported a net increase in cash funds of £10,101 for the year, driven by growth in hire fee income despite a hiatus in preschool rental income.
What the accounts disclose
“Downton Parish Council hired rooms during this period for a total amount of £788.”
“The Downton Green Group hired rooms from The Downton Memorial Centre during this period for a total amount of £44.”
“Downton Parish Council hired rooms during this period for a total amount of £788.”
“The Downton Green Group hired rooms from The Downton Memorial Centre during this period for a total amount of £44.”
“Downton Parish Council hired rooms during this period for a total amount of £788.”
“The Downton Green Group hired rooms from The Downton Memorial Centre during this period for a total amount of £44.”
Register events
- Received assets from another charity (14/12/2021)
Trustees
- Susan Kirsten Parsonschair
- Andrew Philip Smith
- David Philip Mace
- Hilary Mace
- Jeremy Parsons
- Lesley Giles
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £40k | £49k |
| 31/12/2023 | £37k | £25k |
| 31/12/2022 | £25k | £19k |
| 31/12/2021 | £18k | £27k |
| 31/12/2020 | £28k | £16k |
Common questions
Is THE DOWNTON MEMORIAL CENTRE financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £31,915 at the year-end, which the trustees describe as a strong financial position exceeding their policy target of approximately £29,425. The charity reported a net increase in cash funds of £10,101 for the year, driven by growth in hire fee income despite a hiatus in preschool rental income. Its FY2024 accounts were independently examined.