LINGWOOD VILLAGE HALL
Village Hall for the provision of facilities and recreation to the community.
Latest income
£171k
Latest spending
£181k
Registered
1963
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that total income for the year was £159,629.39 against total expenditure of £169,597.29, resulting in a net deficit for the period. The charity holds total liquid assets of £47,314.11 across current and deposit accounts, providing a buffer against the reported financial challenges.
What the accounts disclose
Related-party transaction: Parish Council support mentioned as financial support received in the past.
“I am grateful for the financial support the hall has received from the Parish Council in the past and this certainly isn’t something we take for granted.” — page 1
Per its FY2024 accounts as filed with the Charity Commission.
Governance: Internal audit notes state Finance Policy review is not minuted as having been done annually.
“Your Finance Policy states that it will be reviewed at the AGM annually, and this is not minuting as having been reviewed.” — page 4
“The Policy also says that certain expenses ‘should be raised with the trustees as the next meeting’ – there are no payments at all approved at meetings that are recorded within the minutes.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Governance: Internal audit notes state payments/expenses are not recorded as approved in minutes despite policy requiring it.
“Your Finance Policy states that it will be reviewed at the AGM annually, and this is not minuting as having been reviewed.” — page 4
“The Policy also says that certain expenses ‘should be raised with the trustees as the next meeting’ – there are no payments at all approved at meetings that are recorded within the minutes.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- Phillip Henrychair
- Carl Johnson
- Dr Selwyn Stephen D'Souza
- Jacqui Kirby
- Lisa Cushing
- Margaret Lynne Davies
- Peter Garczynski
- Peter Miles Daines
- Steve Kirby
- Victoria Jane Millou
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £171k | £181k |
| 31/12/2023 | £186k | £178k |
| 31/12/2022 | £104k | £131k |
| 31/12/2021 | £112k | £114k |
| 31/12/2020 | £81k | £74k |
Common questions
Is LINGWOOD VILLAGE HALL financially healthy?
Per its FY2024 accounts: The accounts state that total income for the year was £159,629.39 against total expenditure of £169,597.29, resulting in a net deficit for the period. The charity holds total liquid assets of £47,314.11 across current and deposit accounts, providing a buffer against the reported financial challenges.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 07/11/2018 | £5k | ALB-Sport England-Petanque Terrain Extension & Temporary Lighting |
| The National Lottery Community Fund | 17/02/2005 | £5k | Disability Access |