WALTON VILLAGE HALL WETHERBY
Managing a village hall for the benefit of the residents of the village and the wider community
Financial health, per its FY2024 accounts
The accounts state that the charity's financial position is slightly below plan, with a cash balance of £4,551 and no contractual financial commitments. The charity has secured a £20,000 loan to cover unforeseen building costs and aims to repay it over five years. The trustees report no uncertainty regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Trustees aspire to maintain a free cash balance of £5000, which would be sufficient to sustain operations without any further funding for a period of 12 months.”
Property (HM Land Registry)
Trustees
- Brian Eldredchair
- Maggie Molyneux
- Mark Anthony Wake
- Rev Nicholas John Morgan
- Richard Webster Marsh
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £205k | £272k |
| 31/12/2023 | £60k | £30k |
| 31/12/2022 | £31k | £42k |
Common questions
Is WALTON VILLAGE HALL WETHERBY financially healthy?
Per its FY2024 accounts: The accounts state that the charity's financial position is slightly below plan, with a cash balance of £4,551 and no contractual financial commitments. The charity has secured a £20,000 loan to cover unforeseen building costs and aims to repay it over five years. The trustees report no uncertainty regarding the charity's ability to continue as a going concern.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 01/01/2024 | £29k | Platinum Jubilee Village Halls Fund |
| The National Lottery Community Fund | 31/08/2023 | £10k | Walton Village Hall Replacement Heating System |