SOUDLEY RECREATION GROUND AND VILLAGE HALL TRUST
CARE, MAINTENANCE OF THE LOCAL VILLAGE HALL TO SERVICE THE LOCAL COMMUNITY
Financial health, per its FY2025 accounts
The accounts state that the Trust achieved an operating surplus of £43,285, though this reflects the capitalization of a £50,596 heat pump system rather than cash flow. Per the trustees' report, free reserves of £22,050 are considered healthy, but the Trust faces significant financial risk due to a leaking roof that it cannot afford to replace without external grants.
What the accounts disclose
“The Trustees have a policy to hold enough funds to meet four months’ operating costs of the Village Hall, plus necessary maintenance.”
“The major concern is that the existing Hall is deteriorating from a leaking roof. To completely replace the roof is beyond the resources of the Trust and considered not cost effective. Thus the importance of repairing the roof is dependent on obtaining grants and fundraising activities.”
Trustees
- Dr Nigel Duncan Salterchair
- Anthony Smith
- Minette Mary Smith
- Nicholas John Ashfield LLB, ACA
- Robert Stubbs
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £81k | £88k |
| 31/12/2023 | £18k | £21k |
| 31/12/2022 | £14k | £17k |
| 31/12/2021 | £14k | £14k |
| 31/12/2020 | £18k | £10k |
Common questions
Is SOUDLEY RECREATION GROUND AND VILLAGE HALL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the Trust achieved an operating surplus of £43,285, though this reflects the capitalization of a £50,596 heat pump system rather than cash flow. Per the trustees' report, free reserves of £22,050 are considered healthy, but the Trust faces significant financial risk due to a leaking roof that it cannot afford to replace without external grants. Its FY2025 accounts were independently examined.