OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-03-31-accounts

f -

|:

|

Ruskington Village Hall Management Committee - AGM Saturday 24" May 2025

Chairpersons Report

since being elected to serve as chairman at the 2024 AGM, it has been an interesting time. ; oc) Eve Fy _Quyialige che our Solar Installation, it has generated in excess of 7,300 kWh since it was commissioned in July 2024. The support from DEFRA with the grant of £ 2,300, certainly helped reduce our own capital outlay.

Due to EDF being a very unsupportive business, we have not been able to take advantage of the SEG export payments. This being the case, we have now agreed to move to Octopus energy which has given us a good set of rates for the next 24 months. We expect to reduce our overall electricity cost by up to 30%. Once we have signed up to the Octopus energy export scheme, we Can expect a return of £0.15 per kWh as against the SEG export which would have been £0.041 per kWh.

Our grant from the Co-op has given us extra facilities to offer to our hirers in the shape of a Bluetooth audio system. After initially extremely expensive quotes from companies to install the equipment, we managed to usea local electrician who charged us just £200 which included the provision of a new double AC outlet in the storage area which is now used to power the equipment. He also installed the speakers and routed wiring through the divider wall. This system is now actively being used by our hirers, and we shall ensure that itis highlighted within our offer on communications and social media.

Hallmaster has been a huge success, we have moved from a manual system to a semiautomated, soon to be mainly automated system. Luna has spent a large amount of time refining the process and is making excellent headway in taking our booking ability to the next level. Annual costs to use Hallmaster are £265 per year with the return being far more in time saving, convenience of access and visibility.

The Artisan markets which started in 2024 were initially quite successful. Unfortunately, this petered out during the year and in April, the organiser decided to cancel the remaining dates at the village hall. Looking at this from a long-term perspective, the number of events that were run by the organiser were in a tight geographical area and therefore reduced footfall in Ruskington due to oversaturation.

With a smaller number of volunteers currently, we have some limitations to what we may achieve and whilst it would be beneficial to both the community and our costs, until this has been rectified, | see limited scope to extend our offer with more complex and timeconsuming events.

| believe that we have managed to address quite a wide scope of issues this year, with the support of both our team members, Alwyn, Luna, Tracy and Ray alongside our user groups and | am sure that we can continue to increase our positive impact on the community of Ruskington and surrounding areas.

|

photo-voltaic installation.

Points for Consideration

ee 2 e

RUSKINGTON VILLAGE HALL

----- Start of picture text -----
:
----- End of picture text -----

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2025

2025 2024
INCOME £ £ £ £
RuskingtonRascals 7,473 8,764
NHSBT 285 190
Other Lettings& Fund Raising
(Less Deposits Returned) 14,429 15,204
Donations Received Lois 288
ACRE Grant 2,300 0
Sale ofFixtures, Fittings& Equipment 0
BankAccount Interest Received 99 88
26,098 24,534
LESS EXPENSES
Caretaker& Gardener 6,955 6,674
Heating& Lighting 8,160 6,642
Water Charges 209 0
Insurance 1,203 1,047
Telephone, Internet&Website 285 676
Repairs, Replacements& Consumables 19,438 2,608
Printing, Postage& Stationery 0 0
Licences 285 20
Rent 2 0
Cleaning 602 546
Professional fees&Bank Charges 396 37,535 322 18,535
NETINCOME (EXPENDITURE) £(11,437)
BALANCE SHEET ASAT 31STMARCH 2025
2025 2024
£ 4
CURRENT ASSETS
HSBC Savings Account 10,444 21,980
HSBC Current Account 5,248 5,149
Cash inHand including Quiz float 0 0
NETWORTH £15,692 £27,129
Represented by
ORDINARY FUND
(Surplus ofIncome over Expenditure)
BalanceB/fwd IstApril 2024 27,129 21,130
Net Surplus (Expenditure) forthe Year (11,437) 5,999
BalanceC/fwd31stMarch2025 £15,692 £27,129