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2023-12-31-accounts

SOUTHWICK VILLAGE HALL

MANAGEMENT COMMITTEE

ACCOUNTS FOR THE YEAR ENDED

31st DECEMBER 2023

CHARITY NUMBER 1057702

Page (1)

SOUTHWICK VILLAGE HALL MANAGEMENT COMMITTEE INDEPENDENT EXAMINERS REPORT

FOR THE YEAR ENDED 31st DECEMBER 2023

This Report on the financial statements of the Trustees and Management Committee for the year ended 31[st] December 2023 are set out in Pages (2) (3) & (4) in respect of the examination carried out in accordance with Section (43) of the Charities Act 1993.(the Act)

Respectve Responsibilites of the Trustees, Management Commitee and the Examiner As Members of the Trustees and Management Committee you are responsible for the preparation of the financial statements. You should consider that the audit requirement of the Regulations and Section 43(2) of the Act do not apply. It is my responsibility to issue this report on those financial statements in accordance with the regulations.

Basis of the Report

My examination was carried out in accordance with the General Directions given by the Charity Commission under Section 43(7) (b) of the Act. That examination includes a review of the accounting records kept by the Treasurer and a comparison of the financial statements with those records. It also includes considering unusual items or disclosures in the financial statements and seeking explanations from you as the Management Committee concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view by the financial statements.

Independent Examiner’s Statement

In connection with my examination, no matter has come to my attention:

1. Which gives me reasonable cause to believe that in any material

2. respect the requirements

1. To which. In my opinion attention should be drawn in order to enable a proper understanding of the financial statements reached.

Signed………………………………………………….. Date……………………… Mrs. A. Crawford 26 Ash Drive North Bradley Trowbridge Wilts BA14 0SQ

Page (2)

SOUTHWICK VILLAGE HALL MANAGEMENT COMMITTEE

BALANCE SHEET AS AT 31st DECEMBER 2023

2023
£
FIXED ASSETS
VILLAGE HALL

FIXTURES & FITTINGS & EQUIPMENT
Balance B/Fwd
6664
Less: Depreciaton 25%1664

IMPROVEMENTS
Balance B/Fwd 18730
Less: Depreciaton
4682


CURRENT ASSETS
Lloyds Bank
Treasurers
6255
“ Business
20193
Debtors & Prepayments
3095
29543
CURRENT LIABILITIES
Creditors
2285

NET ASSETS

REPRESENTED BY
Accumulated Funds
Balance B/Fwd

Less:
Net Loss

Add
: Re-Valuaton of Property

2023
£
FIXED ASSETS
VILLAGE HALL

FIXTURES & FITTINGS & EQUIPMENT
Balance B/Fwd
6664
Less: Depreciaton 25%1664

IMPROVEMENTS
Balance B/Fwd 18730
Less: Depreciaton
4682


CURRENT ASSETS
Lloyds Bank
Treasurers
6255
“ Business
20193
Debtors & Prepayments
3095
29543
CURRENT LIABILITIES
Creditors
2285

NET ASSETS

REPRESENTED BY
Accumulated Funds
Balance B/Fwd

Less:
Net Loss

Add
: Re-Valuaton of Property

2023
£
FIXED ASSETS
VILLAGE HALL

FIXTURES & FITTINGS & EQUIPMENT
Balance B/Fwd
6664
Less: Depreciaton 25%1664

IMPROVEMENTS
Balance B/Fwd 18730
Less: Depreciaton
4682


CURRENT ASSETS
Lloyds Bank
Treasurers
6255
“ Business
20193
Debtors & Prepayments
3095
29543
CURRENT LIABILITIES
Creditors
2285

NET ASSETS

REPRESENTED BY
Accumulated Funds
Balance B/Fwd

Less:
Net Loss

Add
: Re-Valuaton of Property

2023
£
1353953
5000
14048
1373001
27258
1400259
1404974
( 4715)
-
1400259
2022
£



5295
20017
1952
27264
1637




2022
£
1353953
6664
18730
1379347
25627
1404974
1361761
(6195)
49408

1404974





I confirm that I have made available all the books and records for the year ended 31[st] December 2023 and consider that these figures show a true position of the finances of the Southwick Village Hall Management Committee at that date

Signed………………………………………………….(Treasurer)

Date……………………………………..

Page (3)

SOUTHWICK VILLAGE HALL MANAGEMENT COMMITTEE

INCOME & EXPENSES ACCOUNT FOR THE YEAR ENDED 31st DECEMBER 2023

2023
£
INCOME
Hire of Hall
Grants re Covid WCC
Bank Interest
Licence
Utlites
EXPENSES
Administraton –Audit
150
Postage & Statonery
36
Cleaners Wages
3569
Wages for Bar Staf
963
Cleaning Materials/Toilets
591
Council Tax
183
Electricity
16687
Gas
2448
Fire Alarms
383
Repairs
Lightng/Electrical
1406
General
1438
Insurance
1676
Telephone & Mobile
294
Computer Programme
239
Sundries
33
Village Hall Assoc. (Sub)
50
Waste Collecton
1004
Water
1525
SURPLUS before Depreciaton

Less: Depreciaton- Fixt & Fitngs 1664
Improvements4682

NET (LOSS)
2023
£
INCOME
Hire of Hall
Grants re Covid WCC
Bank Interest
Licence
Utlites
EXPENSES
Administraton –Audit
150
Postage & Statonery
36
Cleaners Wages
3569
Wages for Bar Staf
963
Cleaning Materials/Toilets
591
Council Tax
183
Electricity
16687
Gas
2448
Fire Alarms
383
Repairs
Lightng/Electrical
1406
General
1438
Insurance
1676
Telephone & Mobile
294
Computer Programme
239
Sundries
33
Village Hall Assoc. (Sub)
50
Waste Collecton
1004
Water
1525
SURPLUS before Depreciaton

Less: Depreciaton- Fixt & Fitngs 1664
Improvements4682

NET (LOSS)


2023
£
18205
-
176
5000
10925
34306
32675
1631
6346

(4715)




2022
£


125
97
3302
-
400
325
5349
2088
500
3340
4062
1414
300
1159
-
50
916
2522


2221
6245
2022
£


125
97
3302
-
400
325
5349
2088
500
3340
4062
1414
300
1159
-
50
916
2522


2221
6245
2022
£
15609
2667
10
5000
4934
28220
25949
2271

8466
(6195)

1664
4682



Page (4)

SOUTHWICK VILLAGE HALL MANAGEMENT COMMITTEE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2023

1.
2.
3.
4.
2023
2022
Hire of Hall
18205
15609
Creditors
Deposits Paid in Advance
-
160
Gas (Estmated Dec)
250
418
Electric (Estmated Dec)
1300
420
Cleaners Wages
266
250
Waste (Hills)
79
89
Water Rates
140
50
Telephone

30
30
Short Mat Bowls(Bank Balance held)
220
220
2285
1637
Debtors
Hall Hire
1657
1510
Social Club Utlites Feb/March 663
Social Club Utlites (50% Estmated Dec)
775
442
3095
1952
PROFIT
The Loss is £4715 afer charging depreciaton of £6346 The Proft before
Depreciaton is £1631

This Profit is due to the continuing Rent received from the Social Club and their Proportion of the cost of the Gas and Electricity. Therefore the Loss would be considerably more

  1. not been The increased Valuation of the Village Hall for Insurance purposes has incorporated into the Accounts this year.

  2. The increased Creditor for Water has been based on the charges up to 30[th] November and the increased Creditor for Gas and Electricity on the accounts received in December for November Usage.