THE OLDLAND VILLAGE CLUB AND PUBLIC HALL
Provision of hall for use for social activities.
Objects
TO BE USED AS A PLACE OF ASSEMBLY A READING ROOM, LIBRARY OR INSTITUTE FOR THE USE OF RESIDENTS IN THE VILLAGE OF OLDLANDS COMMON AND NEIGHBOURHOOD AND OTHERWISE FOR THE BENEFIT OF THE INHABITANTS GERNERALLY OF THE SAID VILLAGE.
Financial health, per its FY2024 accounts
The accounts state that the charity achieved a net income of £3,909 for the year ended 31 December 2024, resulting in unrestricted fund balances of £38,238. The trustees report that these reserves are in line with their policy to maintain a balance equivalent to at least half of annual resources expended. The independent examiner noted that the charity failed to keep accounting records in accordance with the Charities Act 2011.
What the accounts disclose
“Total income was consistent with the prior year.”
“The trustee’s policy is to maintain a balance in the Unrestricted funds (free reserves), which is equivalent to at least one half of the annual resources expended as shown in the Statement of Financial Activities.” — page 5
“The entity has not kept accounting records in accordance with section 130 of the 2011 Act.” — page 6
“Included in other creditors is a balance of £30,520 (2023: £14,491) due to Oldland Village Social Club Limited, a related company.” — page 12
“During the year rent of £14,000 (2023: £14,000) was received from Oldland Village Social Club Limited.” — page 12
“Included in other creditors is a balance of £30,520 (2023: £14,491) due to Oldland Village Social Club Limited, a related company.” — page 12
“During the year rent of £14,000 (2023: £14,000) was received from Oldland Village Social Club Limited.” — page 12
“The entity has not kept accounting records in accordance with section 130 of the 2011 Act.” — page 6
Policies the charity declares
- Complaints handling
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- JANET WELLS
- JOHN ARTHUR WILSON
- PHILIP HARRILL
- SUSAN RICKERBY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £57k | £53k |
| 31/12/2023 | £42k | £52k |
| 31/12/2022 | £36k | £68k |
| 31/12/2021 | £49k | £40k |
| 31/12/2020 | £53k | £40k |
Common questions
Is THE OLDLAND VILLAGE CLUB AND PUBLIC HALL financially healthy?
Per its FY2024 accounts: The accounts state that the charity achieved a net income of £3,909 for the year ended 31 December 2024, resulting in unrestricted fund balances of £38,238. The trustees report that these reserves are in line with their policy to maintain a balance equivalent to at least half of annual resources expended. The independent examiner noted that the charity failed to keep accounting records in accordance with the Charities Act 2011. Its FY2024 accounts were independently examined.