CHINEHAM VILLAGE HALL AND RECREATION GROUND CHARITY
to provide and maintain the property for the use of the people of the Parish of Chineham
Financial health, per its FY2024 accounts
The accounts state that the charity made a loss of £15,920 for the year ended 31 December 2024, compared to a loss of £25,181 in the prior year. Per the trustees' report, free reserves at year-end amount to 18 months of unrestricted expenditure, which is above the stated policy target of 9 to 12 months. The charity holds total funds of £550,758, providing a strong financial position despite the current year deficit.
What the accounts disclose
“It is the policy of the charity to maintain the free reserves of the charity, at a level which equates to between 9 and 12 months unrestricted expenditure.” — page 5
Trustees
- David Bull
- Janet Mary Chamberlain
- Kwok San Chan
- Ruchira Bhave
- TREVOR JAMES DOUGLAS MORGAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £85k | £101k |
| 31/12/2023 | £67k | £92k |
| 31/12/2022 | £73k | £64k |
| 31/12/2021 | £87k | £82k |
| 31/12/2020 | £86k | £94k |
Common questions
Is CHINEHAM VILLAGE HALL AND RECREATION GROUND CHARITY financially healthy?
Per its FY2024 accounts: The accounts state that the charity made a loss of £15,920 for the year ended 31 December 2024, compared to a loss of £25,181 in the prior year. Per the trustees' report, free reserves at year-end amount to 18 months of unrestricted expenditure, which is above the stated policy target of 9 to 12 months. The charity holds total funds of £550,758, providing a strong financial position despite the current year deficit. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 03/08/2020 | £8k | Coronavirus Community Support Fund |