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2021-10-31-accounts

Silverdale Village Institute

Treasurer’s report to AGM 28[th] April 2022

The financial year for Silverdale Village Institute runs from November 1[st] to October 31[st] . This report covers the financial year 2020-2021. The accounts have been audited and approved by Roy Mason. This financial year was again influenced by the Covid 19 pandemic and also saw continued building development work. The accounts show a total of £28392 spent on building development which is only partially matched by an income of £24013 and a £1000 unspent from the previous year for work on the disabled toilet. The income and expenditure not related to building works showed a small surplus of £600. Building works included this year are

In the five months since the end of the financial year there has been no building development work and the accounts show a small net profit of around £800 due to an income of £3565 and expenditure of £2762. We are now incurring an additional expense of £327 for emptying the bins which we previously had not been paying for. Other expenses to be expected in the next few months are the charges for grass cutting and insurance renewal. Overall we appear to be roughly breaking even which is progress after several years of small losses year on year. With so many one off effects such as the pandemic, and the recent building work it will be a while before we know exactly what the state of play is. We have a number of new regular groups such as the sewing group and the pilates classes, although we have lost the toddlers group which closed down due to lack of interest. Bookings for private events are also healthy. In general there is plenty of activity during the week but the hall is used less at week-ends. However when it is used at week-ends it often booked for most of the day.

Dr. Alexander J. Finch

26[th] April 2022

Silverdale Village Institute

CHARITY NUMBER 1014665

RECEIPTS & PAYMENTS for period 1/11/2020 to 31/10/2021

Receipts

2019/20
Hire Charges
Regular Groups
1,333
1365
Private Parties
1,121
72
Other Events
907
248
Workshops and Classes
0
£3,361
306
Grants
£24,013
Fundraising
£544
Loan
£2,000
Refund
£417
Music Nights
£0
Donations
£734
Interest
£0
Wayleaves
£13
Total Receipts
31,082
Payments
Coffee Morning at Gaskell Hall
100
Cleaning
609
Grass Cutting
174
Electricity, Gas & Water
1,099
B4RN
360
Ash Trees Removal
450
Repair and Maintenance
653
Building Development
28,392
Equipment Purchase
243
Trustees Expenses
0
Insurance
650
Payment in advance for Landscape Trust grant
0
Refund
70
Loan Repayment
2,000
Total Payments
34,800
Surplus
-3,718
Cash funds last year end
12,685
Cash funds this year end
8,965
CASH FUNDS
Current Account
2,577
Business Reserve
6,331
Cash
57
8,965
Receipts
1,991
20804
860
0
215
1
13
23,884
1,991
20804
860
0
215
1
13
23,884
80
589
54
944
270
516
13114
450
13
1059
1431
18,520
5,364
7321
12685
11267
831
587
12,685
5,364
7321
12685

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner s Report Report to the trusteesl members of VIA A /A/rf-fj￿ i On accounts for the year ended Charfty no (If any) Set out on pages I report to the trustees on my examination of the accounts of the above charity (the Trusfl for the year erKled Responslbllltles and As the charTty trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordan￿ with the ￿u￿rements of the Charities Act 2011 fthe Acr). I report in respect of my examination of the Trust's ac￿Unts carried OLrt under section 145 of the 2011 Act and in rArying out my examination, I have followed the applicAble Directions given by the Charity Commission under section 145(51{b) of the Act. I have completed my examination. I confinn that no material matters have come to my attention (other than that discjosed b81ow"} in connection with the examination whth gives me cause to believe that in. any material respecL accountir¥J records w￿re not kept in accordan￿ wtih section 130 of the Act or the act￿nts do not accord with the aC￿UntIng records Independent examinerfs statement I have no concems and have come across no ottier matters in connection with the examination to which attention shoukl be drawn in order to enable a proper understsnding of the accounts to be reached. . Please del&t8 the words in th8 b￿CketS rf they do not appty. Signod: 021 Name: Relevant professional quallfication(s) or body (If any): Address: S/ Lf IER October 2018