FAIRFIELD CHURCH HALL
Provision of Village Hall facilities for the benefit of the communities in Fairfield and surrounding areas. Activities include specific groups for the young and the old, the Parish Church, Womens Institute and various local events.
Objects
PURPOSES OF A CHURCH HALL
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted bank balances of £56,863.55 at year-end, an increase from the previous year. The trustees have determined that the appropriate level of free reserves should be approximately £15,000 to cover working capital delays and contingencies. The filing notes that finances were managed to maintain an acceptable position and preserve reserves for future upgrades.
What the accounts disclose
“The year has seen income levels improved compensating for a reduction in support grant funding with use of the Hall across all income streams.” — page 4
“The Trustees have determined that the appropriate level of free reserves should be approximately, £15,000. This is based on sufficient working capital to cover delays between spending and receipts and contingency for unexpected expenditure.” — page 5
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
Trustees
- Alan Mabbett
- Conrad Palmer
- Geoff Cotterill
- John Woodhall
- Mary Gibbs
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £52k | £33k |
| 31/12/2023 | £31k | £31k |
| 31/12/2022 | £35k | £27k |
| 31/12/2021 | £28k | £23k |
| 31/12/2020 | £23k | £16k |
Common questions
Is FAIRFIELD CHURCH HALL financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted bank balances of £56,863.55 at year-end, an increase from the previous year. The trustees have determined that the appropriate level of free reserves should be approximately £15,000 to cover working capital delays and contingencies. The filing notes that finances were managed to maintain an acceptable position and preserve reserves for future upgrades. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 05/04/2024 | £20k | Village Hall Toilets Refurbishment |