FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024 FOR DRIFFIELD COMMUNITY CENTRE
DRIFFIELD COMMUNITY CENTRE TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31JANUARY 2024 Objectives & Artivities The Community Centre continued to provide community hall facilities to the residents of Driffield & the surrounding area throughout the year ended 31 January 2024 Achlevements & Performance The year ended 31 January 2024 was another challenging yearfor the Centre, with hall bookings still below pre-pandemic levels and large overheads & repair costs. Flnanclal Revlew The Centre incurred another signlficant deficit in the year, although monthly income slnce the year end has is now increasln8. Togetherwith a reduction in costs, the Centre is now returning to improved results. The trustees are confident thatthe Centre will be ableto manage its finances to enable it to continue providin8 the much valued public service. on behalf of the trustees, Philip M Robson Date: ..
DRIFFIELD COMMUNITY CENTRE PROFIT & LOSS ACCOUNT- 31.1.24 2024 2023 Income Rental income 31995.50 3684.46 22228.00 7982.30 35679.96 30210.30 Insurance claim Inte51 received 1567.00 119.34 34.77 80.91 119.34 115.68 35799.30 31892.98 Expendbture Salaries Rates & water Insurance Light & heat Telephone Stationery Sundries TV licence Payroll fees Accountancy fees Repairs Bank charges Finance costs Depreciation - improvements Depreciation - fixtures & fittings 31654.03 1126.31 1168.02 4906.37 762,41 1240.45 678.13 159.00 13.76 20.00 4000.44 264.02 258.85 1104.00 184.00 23510.93 805.00 3319.00 893.00 1944.00 2219.00 522.72 2765.00 1104.00 216.00 47539.79 37298.65 NET LOSS -11740.49 -5405.67
DRIFFIELD COMMUNITY CENTRE BALANCE SHEET AS AT 31.1.24 2024 2023 Fixed Assets Tangible assets 4347.00 5635.00 Current Assets Debtors Current account Hull & East Yorkshire Credrt Union Ltd Yorkshire Building Society Cash in hand 1982,48 628.85 14.50 353.01 722.71 5628.85 7245.16 353.01 2978.84 13949.73 Current Liabilitlos Creditors - PAYE Payroll fees Accounlancy fees Payroll fees PM Robson 226.00 602.24 864,00 326.16 Accruals- Loan - 1,500,00 1500.00 2018.40 5825.84 17566.33 Represented by: Opening balance at 1.2.23 17566.33 22972.00 Nel Loss -11740.49 -5405.67 5825.84 17566.33 I have examined the attached accounts from the records and explanations of Driffield Community Centr8 and can confifm that they are In accordance therewith. P Stocker Manorfield Road Driffield East Yorkshire Date Iz3-2o7f