THE CORONATION HALL
Provision of Village Hall for the use of local residents.
Objects
FOR THE PURPOSE OF PHYSICAL AND MENTAL RECREATION AND SOCIAL, MORAL AND INTELLECTUAL DEVELOPMENT THROUGH THE MEDIUM OF READING AND RECREATION ROOMS, LIBRARY, LECTURES, CLASSES, RECREATIONS AND ENTERTAINMENTS OR OTHERWISE AS MAY BE FOUND EXPEDIENT FOR THE BENEFIT OF INHABITANTS OF MARKET DEEPING AND ITS IMMEDIATE VICINITY
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves were £35,593 at year-end, which the trustees consider sufficient to cover 12 months of operational costs despite a stated policy target of £25,000. The charity reported a net expenditure for the year, with total income falling short of total expenditure, and identified a risk regarding a downturn in lettings income.
What the accounts disclose
“Total Income from Lettings in 2025 was £19841” — page 2
“Whilst there is no official reserves policy the committee try to keep a bank balance of at least £25000” — page 2
“The main risk to the charity is a downturn in lettings income, with a decrease already seen in 2025, of £3000 less than in 2024.”
“An honorarium of £100 (£225: 2024) was paid to two trustees as set out in the Charity's constitution.” — page 7
“During the year, the Village Hall was hired by trustees on the same terms and at the same rates available to members of the pubic.” — page 7
“An honorarium of £100 (£225: 2024) was paid to two trustees as set out in the Charity's constitution.” — page 7
“During the year, the Village Hall was hired by trustees on the same terms and at the same rates available to members of the pubic.” — page 7
“An honorarium of £100 (£225: 2024) was paid to two trustees as set out in the Charity's constitution.” — page 7
“During the year, the Village Hall was hired by trustees on the same terms and at the same rates available to members of the pubic.” — page 7
“An honorarium of £100 (£225: 2024) was paid to two trustees as set out in the Charity's constitution.” — page 7
Policies the charity declares
- Conflicting interests
- Internal charity financial controls policy and procedures
- Trustee conflicts of interest policy and procedures
Trustees
- Robert John Broughton Mrchair
- Cheryl Dene Baskeyfield
- Daniel Peter Neil McMillan
- Dr Pamela Byrd
- LARRY DIDLICK
- LYNN AYRES
- Paul Hanson
- Roy Markham
- Tracey Muscroft
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £36k | £48k |
| 31/12/2024 | £22k | £24k |
| 31/12/2023 | £19k | £18k |
| 31/12/2022 | £20k | £16k |
| 31/12/2021 | £7k | £10k |
Common questions
Is THE CORONATION HALL financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves were £35,593 at year-end, which the trustees consider sufficient to cover 12 months of operational costs despite a stated policy target of £25,000. The charity reported a net expenditure for the year, with total income falling short of total expenditure, and identified a risk regarding a downturn in lettings income. Its FY2025 accounts were independently examined.