THE INSTITUTE
Provision and maintenance of a community building for use by local organizations.
Objects
A VILLAGE HALL FOR THE USE OF THE INHABITANTS OF OTTERY ST MARY IN THE COUNTY OF DEVON AND THE NEIGHBOURHOOD WITHOUT DISTINCTION OF SEX OF OF POLITICAL RELIGIOUS OR OTHER OPINIONS AND IN PARTICULAR FOR USE FOR MEETINGS LECTURES AND CLASSES AND FOR OTHER FORMS OF RECREATION AND LEISURE TIME OCCUPATION WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE FOR SAID INHABITANTS.
Financial health, per its FY2025 accounts
The accounts state that the charity held a surplus of £10,000 in unreserved funds, which was £1,000 above its stated policy target of six months' operating costs. The trustees confirmed there was no uncertainty regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The annual income from rental receipts for the hall continue to be healthy.”
“The Charity policy is to hold reserves to the value of at least six months to cover the operating costs including salaries of employees of approx. £9K to provide an element of security should revenues be adversely impacted.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- JOHN GREENchair
- Eva White
- Jasper Welzel
- Kathryn Aldworth
- Michael Edward Lawrence Bird
- Steve Pearcy
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £32k | £28k |
| 30/09/2024 | £27k | £27k |
| 30/09/2023 | £25k | £34k |
| 30/09/2022 | £29k | £20k |
| 30/09/2021 | £7k | £11k |
Common questions
Is THE INSTITUTE financially healthy?
Per its FY2025 accounts: The accounts state that the charity held a surplus of £10,000 in unreserved funds, which was £1,000 above its stated policy target of six months' operating costs. The trustees confirmed there was no uncertainty regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 23/06/2023 | £10k | Community Centre - Phase 2 refurbishment |
| The National Lottery Community Fund | 04/03/2022 | £10k | Refurbishment of The Institute |