HOPE VILLAGE HALL
Provides and upkeeps a venue for members of the community to use for arts, sports, culture, leisure and other community events.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a loss on the year of £470.26, primarily due to significant expenditure on drainage infrastructure. Despite this loss, the charity maintains unrestricted reserves of £10,000, which meets its stated policy target of holding reserves equivalent to 8 months of average annual operating costs.
What the accounts disclose
“The Trustees have agreed to hold reserves equivalent to 8 months of the Hall's average annual operating costs, currently estimated at £14,500, at a minimum level of £10,000, to cover essential running costs in case of emergency.”
“In accordance with the HVH Governing Document, Worthen with Shelve Parish Council (WwSPC) is entitled to appoint a trustee of the HVH charity. In 2025. Annabel Stacey resigned as a Parish Councillor and was no longer the WwSPC appointee to HVH. Her appointment was taken by Mal Fellows, a Parish Councillor and local resident and his appointment was confirmed at the HVH General Meeting, held on 9th July 2025.”
“I note that payments are made online by one person, and this is has worked well to date. It is recommended that payments are handled by more than one person (i.e. one to authorise, and a different person to make the payment) in line with financial management best practice.” — page 36
Trustees
- ANNE WILLIAMS
- Annabel Margaret Eleanor Stacey
- Barry Peabody
- Deborah Anne Oates
- Deborah May Davies
- JOYCE MARY GRAVES
- Malcolm James Fellows
- SARA JULIET YOUNG
- Sarah Christine Gilder
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £27k | £27k |
| 31/10/2024 | £14k | £15k |
| 31/10/2023 | £13k | £10k |
| 31/10/2022 | £14k | £9k |
| 31/10/2021 | £25k | £7k |
Common questions
Is HOPE VILLAGE HALL financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a loss on the year of £470.26, primarily due to significant expenditure on drainage infrastructure. Despite this loss, the charity maintains unrestricted reserves of £10,000, which meets its stated policy target of holding reserves equivalent to 8 months of average annual operating costs. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 09/08/2018 | £4k | Hope Needs a Warm & Welcoming Heart |
| The National Lottery Community Fund | 26/06/2006 | £1k | Replacement Tables |