MICKLEOVER MEMORIAL HALL
The charity provides and maintains the village hall for the benefit of the inhabitants of the Parish of Mickleover. This is achieved through the hire of rooms to many varied groups e.g. children's activity group, exercise classes, community groups etc. Additional income is generated by renting out an otherwise unused area at the rear of the premises for a mobile phone base station and mast.
Objects
THE PROVISION AND MAINTENANCE OF A VILLAGE HALL FOR THE USE OF THE INHABITANTS OF THE FORMER PARISH OF MICKLEOVER WITHOUT DISTINCTION OF POLITICAL RELIGIOUS OR OTHER OPINIONS, INCLUDING 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 THE SAID INHABITANTS.
Financial health, per its FY2024 accounts
The accounts state that the charity ended the period with an operating loss of £3,053, a significant improvement from the previous year's loss of £14,347. Total cash funds are reported as healthy at £65,701, which exceeds the trustees' stated reserve policy target of approximately £50,000 held for future emergency structural repairs. The charity operates without paid employees, relying entirely on volunteers for management and administration.
What the accounts disclose
“Therefore the trustees have agreed that a reserve of circa £50,000 should be held in NSIB bonds and the savings account in the event of future emergency structural issues.”
Trustees
- KEVIN FLINTON
- Lia Richardson
- Tony Condon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £33k | £36k |
| 31/12/2023 | £21k | £35k |
| 31/12/2022 | £18k | £16k |
| 31/12/2021 | £10k | £51k |
| 31/12/2020 | £21k | £16k |
Common questions
Is MICKLEOVER MEMORIAL HALL financially healthy?
Per its FY2024 accounts: The accounts state that the charity ended the period with an operating loss of £3,053, a significant improvement from the previous year's loss of £14,347. Total cash funds are reported as healthy at £65,701, which exceeds the trustees' stated reserve policy target of approximately £50,000 held for future emergency structural repairs. The charity operates without paid employees, relying entirely on volunteers for management and administration. Its FY2024 accounts were independently examined.