DIGBY HALL AND LIBRARY
MANAGEMENT AND HIRE OF A PUBLIC HALL FOR THE USE AND BENEFIT OF THE INHABITANTS OF SHERBORNE AND THE NEIGHBOURHOOD
Objects
A PUBLIC HALL AND PUBLIC LIBRARY FOR THE USE AND BENEFIT OF THE INHABITANTS OF SHERBORNE IN THE COUNTY OF DORSET AND THE NEIGHBOURHOOD WITHOUT DISTINCTION OF POLITICAL, RELIGIOUS OR OTHER OPINIONS INCLUDING USE FOR MEETINGS, LECTURES, CLASSES, MUSICAL AND THEATRICAL PERFORMANCES, DANCES AND FOR OTHER FORMS OF RECREATION AND LEISURE-TIME OCCUPATION WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE OF THE INHABITANTS.
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with unrestricted reserves in deficit at -£6,199, following a net expenditure of £11,226 against income of £62,551. The trustees consider there are no material uncertainties about the ability to continue as a going concern, relying on expected grant funding from The Simon Digby (Sherborne) Memorial Trust and potential further support from Sherborne Town Council.
What the accounts disclose
“Income generated for the year amounted to £62,551 (2024: £59,141). This comprised £45,148 rental income” — page 3
“At the current year end reserves are in deficit” — page 3
“At the current year end reserves are in deficit, however the Trust is still a going cgncern as it is expected that The Simon Digby (Sherborne) Memorial Trust will provide grant monies to contribute towards running costs. There are also measures being considered by Sherborne Town Council to provide the Trust with more financial support.” — page 3
“Sherborne Town Council is the sole Trustee. The Council employs two caretakers who look after the Hall, the costs of whom are reimbursed by the Trust. The Town Council also recharges the actual cost of goods and services ordered on behalf of the Trust. The Trust pays a fixed contribution of £5,000.00 p.a. in relation to other staff services provided by the Town Council.” — page 10
Policies the charity declares
- Complaints handling
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
Trustees
- SHERBORNE TOWN COUNCIL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £63k | £74k |
| 31/03/2024 | £59k | £68k |
| 31/03/2023 | £79k | £68k |
| 31/03/2022 | £89k | £66k |
| 31/03/2021 | £33k | £65k |
Common questions
Is DIGBY HALL AND LIBRARY financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with unrestricted reserves in deficit at -£6,199, following a net expenditure of £11,226 against income of £62,551. The trustees consider there are no material uncertainties about the ability to continue as a going concern, relying on expected grant funding from The Simon Digby (Sherborne) Memorial Trust and potential further support from Sherborne Town Council. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 02/09/2004 | £5k | disabled access |