ROUNDSWELL COMMUNrrY CENTRE ANNUAL REpoirr FOR YEAR END 30- SEPTEMBER 2024 Attached is a statement of accounts for the year ending 30 September 2024 Lettings for the year were £43349.37 which is virtually the same as last year. The centre continues to have a very good regular user base and has maintained its level of 'casual users at 82 (the same as last year). The expenditure for the year showed an increase of £1608.99. This reflects in the increase in the hourly rate for wages and general inflation costs of utilities, water, BT, insurance etc. Our surplus for the year was £3406.03 which is down on last yearf5 £5185.18. However overall the centre accounts continue in a surplus situation which is an excellent result for the year. Last yearthe committee decided not to increase the main letting charges but we will need to this year to compensate for the increase in minimum wage in April, the possible implications of paying National Insurance contributions and the rise in energy costs. In June this year £30,000 was transferred into the reserve account so as to benefit from the level of interest. Last year this was £89.05 compared with £269.15 this year. Potentially with the interest rate as it is we will probably realise in excess of £500 interest with the reserve account next year. The centre has an enthusiastic committee and dedicated team, with our excellent booking secretary and caretakers. Fortunately. the majority of the minor maintenance issues are dealt with 'in house, so as to keep costs to a minimum. All in all, the centre is very well run and hopefully it will continue to attract even more users during the next and future years F W Bater Treasurer
WELL ENTRE NTSF R T NDED 30TH 3010912024 3010912023 ENERAL F Lettings Income Miscellaneous Income 43.017.37 332.00 43,480.00 240.00 TOTAL 43,349.37 43,720.00 Wages (including HMRC) Utilities 20,866.24 7.807.46 1.176.00 1.809.75 832.37 1.958.49 779.19 19,222.05 7.562.46 748.50 Water Rentokil Cleaning Repairs and replacements Licenses Tests and Inspections Items for Centre 1.649.40 351.40 1.943.29 753.46 1.264.11 54.00 1.256.86 624.25 1.189.62 325.00 507.41 3,085.77 1,010.68 514.43 883.22 Insurance Admin cost and stationery Telephone and WIFI Miscellaneous Expenses 302.72 TOTAL 39.943.34 38.534.79 SURPLUSI{DEFICITI FOR THE YEAR 3.406.03 5.185.21
ND WELL MM NITY ENTRE E YEAR ND 24 Accountants Certificate We have examined the Unaudited Financial statements forthe yearended 30th September2024. The above account has been prepared based on the records maintained bythe Treasurer of the Roundswell Community Centre, and we certitythe same to be in accordance with those records. Neil Davies Associates Chartered Accountants Bude Business Centre Bude. Cornwall EX23 8QN Date: 61,1 201f
MMUNITYCENTRE UNTS F R THEYE PTEMB 3010912024 3010912023 .GENERAL A Funds brought forwar(f 1st October Surplus or (Deficit) for the year Transfer Itol Ifrom Reserve Account NT 42,775.73 3.406.03 (30.000.00) 37,590.55 5.185.18 0.00 FUNDS CARRIED FORWARD 30TH SEPTEMBER 16,181.76 42,775.73 RESERVE.ACCOUthIT Funds brought foNard 1st October Interest added 8.984.84 269.15 30.000.00 8,984.84 0.00 Transferto Ilfroml Reserve Account FUNDS CARRIED FORWARD 30TH SEPTEMBER 0.00 39.253.99 8.984.84 55.435.75 51,760.57 REPRESENTED BY Natwest Current Account 58692010 Natwest Reserve Account 58759557 16,181.76 39,253.99 42.775.73 8,984.84 55.435.75 51,760.57