MILFORD VILLAGE HALL FUND
Rental of Village Hall premises for a variety of events, both adhoc and regular rentals. Two offices, one at the rear and one at the front of the village hall rented to Witley Parish Council.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £10,146 for the year, resulting in a decrease in net assets to £76,202. The trustees report that the building is being satisfactorily maintained and management has been effective, despite higher-than-expected electricity bills. The charity aims to maintain reserves to cover six months of running expenses, though current unrestricted reserves are below the previous year's total.
What the accounts disclose
“Hall lettings 27,390” — page 7
“We aim to keep in reserve the necessary funds to cover running expenses of the hall for six months, should we lose rental income through closure due to unforeseen circumstances.” — page 4
Trustees
- CHARLES SECRETT
- JOHN HERRING
- Katherine Elizabeth Smyth
- William Michael Henry Edwards
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £52k | £51k |
| 31/12/2024 | £29k | £41k |
| 31/12/2023 | £27k | £48k |
| 31/12/2022 | £26k | £29k |
| 31/12/2021 | £25k | £11k |
Common questions
Is MILFORD VILLAGE HALL FUND financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £10,146 for the year, resulting in a decrease in net assets to £76,202. The trustees report that the building is being satisfactorily maintained and management has been effective, despite higher-than-expected electricity bills. The charity aims to maintain reserves to cover six months of running expenses, though current unrestricted reserves are below the previous year's total. Its FY2025 accounts were independently examined.