The Community Council is a registered charity (no 304805) and it is regulated by a declaration of trust dated 15th July 1960. Its primary objective is to administer the village hall and its grounds "for use of the inhabitants of Otley and the neighbourhood without distinction of sex or of political, religious or other opinions, and in particular for 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".

During the year the trustees have endeavoured to fulfil this by their management and upkeep of the village hall and grounds. They have also organised events. In doing so they have considered the Charity Commission's general guidance on public benefit and consider that the Community Council's activities continue to provide benefit to the inhabitants of Otley and the neighbourhood. They believe that they have complied with their duty to have due regard to public benefit guidance published by the Commission.

There is an annual general meeting in April each year open to all inhabitants of the parish over 18. The meeting receives the report and accounts of the management committee and elects up to 11 members. Village organisations are also able to appoint members of the committee on an annual basis or to send non-voting rpepresentatives. The list of appointing organisations can be changed.