Trull Vlllage Memorfal Hall- Annual report for the year ended 31 December 2023 OveNlew of Governance and actlvitles durfn8 2023 The charlty objective remains the provision and maintenance of Trull Willage Memorial Hall for the use by the inhabitants of Trull and the surrounding neighbourhood. In 2023. Steve Walker was elected as Chair following the resignation of Mark Hughes at the AGM. The elected trustees and cTropted members offering themsefves for reappolntment are as follows: Chair Steve Walker Vice Chair Mark Chesternian Secretary Jacky Davey Treasurer Andrew Stoodley Bookings Michele Weaver Health and Safety Jennie Rusinek Other Trustees Ryan Nicholson (Co-opted member) Steve Power {Trull Cinema representatlve) Steve Keen (on behalf of Trull Parlsh Council) The management committee (which met monthly across 2023) includes all Trustees along wlth nominated representstive from the identified user organisatlons. All Saints Church and Trull Church of England Prlmary School. The Trustees would like to thank Mark Hu8hes for actln8 as Chalr as well as Ron Vlnlng and Heldl Mllburn who continue to work tirelessly to maintsin the Hall in a clean and functioning state. Michele Weaver has stated her intention to resign as Bookings Secretary when a replacement has been found. We thank Michele for her continued valued support durin8 this transitlon. Nnanclal Perfornmnce and outlook In 2022 the new Memorfal Hall committee focused on rebuilding hall usage and income followlng Covid. In 2023, hall Income reached record levels due to increased booklngs along wlth the ever- popular Trull Cinema and a suc55fv1 relaunch of fundrdising with a Qulz and Barn Dance. As reported last year, wlth more stable Income levels. the committee planned to Invest In urgent hall repairs and malntenance 8lven a pre-covld backlog. The aim has been to provlde users with a safe and better presented envlronment. The main investments In 2023 have been hall ventilation, floor varnish and new floor cleaner, increased storage, garden and external wall Improvements, a new memorial notlce board and some exterior maintenance, plumbin8 and electrical work. Total hall revenue Increased 32% to £31.121 in 2023 compared to £23.490 in 2022 helped by growth in both group and private bookings as well as a full year of Trull Cinema and the fundraislng. Net of clnema and fundraising costs, gross profit was £28,626 compared to £23,091 in 2022. Operating expenditure has increased to £35,091 compared to £20.664 in 2022 due to the increased repairs, maintenance and equipment costs. Operational costs were controlled well desplte high inflation especlally affecting utility costs which were offset by savings particularly In insurance. As a result of the repairs and maintenance. the hall has recorded a loss of £5.435 in 2022 compared to a profit of £2,526 In 2022. The club had £65.720 in available bank funds at 31 December 2023 cornpad to £67,092 last year showing it can withstand the current high level of repair costs. In 2024, we expect to maintain Income levels while continuing to invest in the hall. We intend to seek out potential 8rant income and do more fundraising given the current levels of spend. Stevp Walker. Chalr Andrew Stoodley. Treasurer l March 2024
CHARITY COMMISSION -1 FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examfrner's Report Report to the trustees Trull Village Memorial Hall On accounts for the year ended 31 December 2023 Charity no lif any) 1003515 Set out on pages I report to the trustees on my examination of the accounts of the above charity (Ihe Trust") for the year ended 3111212023. Responsibilities and basls of report As the chanty's trustees, you are responsible for the preparation of the accounts In accordance with the requirements of the Charities Act 2011 {"the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have foll0vd all the applicable Directions given by the Charity Commission under section 145(5){b) of the Act. Independent The charity's gross Income exceeded £25,000 and l am qualified to examiner's statement undertake the examination by being a qualified member of The Association Of Accounting Technicians I have completed my examination. I confimi that no material matters have come to my attention in connection wth the examination I have no concerns and have come across no other matters in connection With the examination to which attention should be dravm in this report in Order to enable a proper understanding of the accounts to be reached. Please delete th8 words in the brackets if they do not apply. Signed: Date: Name: SARAH WATLING MA4T Relevant professional qualification(s) or body (if any): MAAT Address: The Old Schoolhouse Monksilver Taunton TA4 4HY IER Oct 2018
Trull Vlllage Memorfal Hall Income and Expenditure Acownt for the ar ended 31 December 21123 Hall Income Regular Groups Private Bookings Trull Cinema Fundraising Totsi Hall income Cost of Goods Sold Trull Clnema Fundralslng 15,716 7,892 2,478 1,911 31,121 934 23,4 ILfY33) (399) 495 28,626 399) 23,(Y31 Gross Profit Operatlng Expendlture Electriclty Insuran Water Rates Caretsker Cleaner Cleanln8 Equipment Repairs and Malntenance Small Equlpment Subscriptions Telephone/Broadband and webslte Bookkeeperand Bookings Secretsry Other Income and Expenses I4,1} IL140) (3,326) (1,670} (965) {2,634) {2,165) {1,428) (6,286) 12,140) (2,822) (L637) (,1) {2,17} (492) (983) (660) (419) (825) (8101 (136) (20,664) {35,091) Flnanclng Bank Charges Bank Interest (81) I,(B7 Net (loss) / profit forthe year (5,435) 2,526
Trnll Vlllw Memorlal Hall Balan Sheet as at 31 Deomber 2023 2022 cUrntAssets Accounts Re1vable Prepayrnents 1,188 Cash at bank Current Account DepositAccount 4,016 I,%1 6.351 16,351 50,741 67,092 69,053 Totsi Current Assets Current Uabllltles Accounts Payable Accruals Deferred Income Hlre Deposits Key Deposlts Total Current liabllitles (5,301) (239) (L355) (1.350) (L365) (6431 I1) io) (&326) Net Assets 61.410 Retsined Eamings Net (loss) / profitforthe year 66.845 64,319 2,526 61,410