THE LOMAS HALL
The charity is in place to run and maintain the Lomas Hall which is a village hall left in trust to the people of Stannington in 1952 by Miss Flora Lomas. The hall is used by fourteen local groups on a regular basis by people of all ages ranging from a mother and toddler group to the women's fellowship. It also available for occasional use events.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £121,144, which the trustees consider to be within their stated policy target of three to six months' expenditure. The charity reported a net income surplus of £5,052 for the year, with total incoming resources of £88,609 against total resources expended of £83,557.
What the accounts disclose
“Income from the bar totalled £23,108 and after costs of £19,680, resulted in a surplus of £3,428.” — page 4
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
Trustees
- Sarah Elizabeth Cambellchair
- BRYAN IAN PLANT
- Sarah Willers
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £89k | £84k |
| 31/12/2023 | £97k | £53k |
| 31/12/2022 | £66k | £59k |
| 31/12/2021 | £55k | £34k |
| 31/12/2020 | £16k | £30k |
Common questions
Is THE LOMAS HALL financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £121,144, which the trustees consider to be within their stated policy target of three to six months' expenditure. The charity reported a net income surplus of £5,052 for the year, with total incoming resources of £88,609 against total resources expended of £83,557. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 15/02/2012 | £10k | Lomas Hall Access Improvement Scheme |