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
Inte￿51 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