HOVETON VILLAGE HALL AND RECREATION GROUND
We are a village hall used by and for the local community
Financial health, per its FY2024 accounts
The accounts state that the charity achieved a net surplus of £14,886 for the year, with unrestricted reserves of £16,712, which meets the stated policy minimum of £12,000. The trustees report a reasonably confident outlook for continuing operations, despite noting a reliance on key individuals and the need for future building improvements such as a new roof.
What the accounts disclose
“The current reserves policy identifies a minimum unrestricted reserve of £12000.” — page 5
Trustees
- Hoveton Parish Council
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £43k | £28k |
| 31/12/2023 | £25k | £26k |
| 31/12/2022 | £39k | £50k |
| 31/12/2021 | £92k | £38k |
| 31/12/2020 | £33k | £27k |
Common questions
Is HOVETON VILLAGE HALL AND RECREATION GROUND financially healthy?
Per its FY2024 accounts: The accounts state that the charity achieved a net surplus of £14,886 for the year, with unrestricted reserves of £16,712, which meets the stated policy minimum of £12,000. The trustees report a reasonably confident outlook for continuing operations, despite noting a reliance on key individuals and the need for future building improvements such as a new roof. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 14/09/2005 | £5k | Under 5s safe play area |