COVEN MEMORIAL HALL
Community Hall for the use of Coven and surrounding districts.
Objects
THE OBJECT OF THE CIO IS, FOR THE PUBLIC BENEFIT THE PROVISION AND MAINTENANCE OF A VILLAGE HALL FOR THE USE OF THE INHABITANTS OF COVEN AND THE SURROUNDING AREA WITHOUT DISTINCTION OF POLITICAL, RELIGIOUS OR OTHER OPINIONS INCLUDING USE FOR:-(A) MEETINGS, LECTURES AND CLASSES; AND(B) OTHER FORMS OF RECREATION AND LEISURE TIME OCCUPATION WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE FOR THE INHABITANTS.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net deficit for the year, spending £84,541 against received income of £83,600. The trustees identify the lack of continuing funding as the major risk to the charity. Reserves are held to bridge the funding gap between overheads and new funds.
What the accounts disclose
“The Charity receives donations, grants and income which are then utilised in achieving the objects of the Charity. During the year to 31 December 2025 the Charity received donations, grants and income amounting to £83,600” — page 3
“The Trustees consider that the funds within the Charity are at a level to cover operational costs for at least 3 months.” — page 3
“The major risk to which the Charity is exposed is the lack of continuing funding. The Trustees are continually striving to ensure that the appropriate level of funding continues.” — page 3
Policies the charity declares
- Complaints policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
Trustees
- Margaret Anne Woottonchair
- Janet Carr
- LORNA ELIZABETH JONES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £54k | £55k |
| 31/12/2024 | £50k | £46k |
| 31/12/2023 | £0 | £0 |
Common questions
Is COVEN MEMORIAL HALL financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net deficit for the year, spending £84,541 against received income of £83,600. The trustees identify the lack of continuing funding as the major risk to the charity. Reserves are held to bridge the funding gap between overheads and new funds. Its FY2025 accounts were independently examined.