FAIRFIELD COMMUNITY TRUST
THE TRUST FUND AND ITS INCOME SHALL BE APPLIED FOR THE PURPOSES OF A COMMUNITY CENTRE FOR THE USE OF THE INHABITANTS OF THE AREA OF BENEFIT WITHOUT DISTINCTION OF SEX, SEXUAL ORIENTATION, AGE, DISABILITY, NATIONALITY, RACE OR POLITICAL, RELIGIOUS OR OTHER OPINIONS, INCLUDING USE OF THE PROPERTY FOR MEETINGS, LECTURES AND CLASSES OR OTHER FORMS OF RECREATION AND LEISURE TIME OCCUPATION
Objects
THE OBJECTS OF THE CIO ARE TO ESTABLISH AND RUN A VILLAGE HALL AND TO PROMOTE FOR THE BENEFIT OF THE INHABITANTS OF THE PARISH OF FAIRFIELD BEDFORDSHIRE (“AREA OF BENEFIT”) WITHOUT DISTINCTION OF SEX, SEXUAL ORIENTATION, AGE, DISABILITY, NATIONALITY, RACE OR POLITICAL, RELIGIOUS OR OTHER OPINIONS THE PROVISION OF FACILITIES FOR RECREATION OR OTHER LEISURE TIME OCCUPATION OF INDIVIDUALS WHO HAVE NEED OF SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABLEMENT, FINANCIAL HARDSHIP OR SOCIAL AND ECONOMIC CIRCUMSTANCES OR FOR THE PUBLIC AT LARGE IN THE INTERESTS OF SOCIAL WELFARE AND WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE OF THE SAID INHABITANTS.
Financial health, per its FY2025 accounts
The accounts state that the charity closed the year with a cash surplus of £42,952.54, resulting in total reserve funds of £42,952.54. This exceeds the trustees' stated minimum reserves budget level of £35,000, which is retained for contingency repairs and three months of staff salaries. The charity reported a small surplus of £2,405.55 for the year ended 31 July 2025.
What the accounts disclose
“Café sales 84,573.80” — page 6
“The trustees have retained the minimum reserves budget level of £35,000. This is to provide contingency for major unexpected repairs, and to provide funds for a minimum of three months of staff salaries.” — page 3
“The project was verbally agreed with the leaseholder of the facility by the then Chair of the Trust without a properly documented agreement in place outlining the responsibilities of either party.”
Policies the charity declares
- Complaints handling
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Volunteer management
Register events
- Received assets from another charity (17/06/2024)
Trustees
- Tracey Rileychair
- Ashley Wollard
- George Parry
- Ronald Michael Chalkley
- Simon Parry
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £147k | £145k |
| 31/07/2024 | £66k | £89k |
| 31/07/2023 | £61k | £63k |
| 31/07/2022 | £81k | £58k |
Common questions
Is FAIRFIELD COMMUNITY TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity closed the year with a cash surplus of £42,952.54, resulting in total reserve funds of £42,952.54. This exceeds the trustees' stated minimum reserves budget level of £35,000, which is retained for contingency repairs and three months of staff salaries. The charity reported a small surplus of £2,405.55 for the year ended 31 July 2025. Its FY2025 accounts were independently examined.