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2022-03-31-accounts

Scaynes Hill Millennium Village Centre

Chairman’s Report 2022

(Including Buildings Report)

Despite the challenges of the pandemic the centre continues to thrive and is on a sound financial and business footing. Thanks to government grant payments we and were able to pass on some of this support to our regular hirers, they have been very grateful for our help. We are planning to continue building up our reserves to enable us to weather any reduction in income or major repair requirements.

During the year we made plans for some additional investments in the centre. The battery system is to be upgraded but this has been delayed by supply problems due the Covid pandemic. Currently (Summer) we are drawing very little power from the grid and still benefitting from the feed in tariff on power generated. The additional information on our power use is helping identify areas where we can reduce power consumption.

The trustees are looking into upgrading the heating system at some point. This would involve simplifying the control of the heating by zone and potentially changing the boilers and possibly looking again at heat pumps. Currently heat pumps are not considered a good return on investment. This may however change in the future. We have been informed by MID Sussex District Council of a very significant sum of building development money that is ring fenced for the centre. This could be used to install heat pumps.

We have not increased the hire rates and have no plans to do so at this time.

We already have many people who support the centre in many ways both regularly and occasionally. I thank you most sincerely on behalf of the centre – you know who you are!

The centre has returned to the hire levels seen before covid with the usual changes taking place from time to time.

It is hoped that the village will continue to become more involved with the centre and we will use as many volunteers as possible to ensure the centre remains a valued asset in our community. If you can spare some time to support the centre in any way, please get in touch. If you have any skill that you could offer to the centre or know of anyone else who may be prepared to help, please let us know. (i.e., Builder, Window Cleaner, Tradesman, Lawyer, Roofer, Engineer etc.).

It has been a challenging year for the centre, and I am very grateful to those who have supported us.

Chairman

Scaynes Hill Village Centre Trust Annual Income and Expenses Year ended 31 March 2022

Income
Total Hiring invoices
Crockery Hire
Rental Income
Interest Received
Solar Feed-in Tariff Income
Total Other Income
Total Income
Expenses
Cleaning
Contract Cleaning
Window / Gutter Cleaning
Cleaning Materials
Healthcare Cleaning
Other Cleaning Costs
Total Centre Cleaning
Administration
Booking Sec./Treasurer
Stewarding
Total General Expenses
Insurance
Licences & Subscriptions
Rent
Bank Charges
Total Administration
Utilities
Supply of gas
Electricity Supply
Supply of fresh water
Waste Water
Telephone
Waste collection
Total Utilities
Maintenance and Repairs
Total Maintenance
Total Purchases
Total Maint. and Repairs
Total Expenses
Income less Expenses
Major Capital Expenditure
Less : Grants Received
Total Net Income / (Expenditure)
Year Ended
31 March 2022
£
37,006
168
0
7
1,291
0
38,472
8,125
342
266
589
170
9,492
5,916
0
353
1,061
1,152
100
889
9,471
3,335
1,981
12
(6)
986
100
6,408
2,911
4,353
7,264
32,635
5,837
(3,197)
0
2,640
Year Ended
31 March 2021
£
8,524
0
3,354
20
1,565
19,908
33,371
5,860
456
87
589
0
6,992
5,796
0
210
1,026
144
100
114
7,390
2,571
1,108
297
250
858
320
5,404
4,399
4,999
9,398
29,184
4,187
(9,333)
0
(5,146)

Scaynes Hill Village Centre Trust Balance Sheet At 31 March 2022

Accumulated Funds
Brought forward
Income less Expenses for year ended 31 March 2021
Carried forward
Comprising:
Cancellations reserve
Battery storage system
Kitchen cupboards reserve
Central heating / boilers reserve
General reserves
Total accumulated funds
Represented by:
Current Account
Deposit Account
Due from Hirers
Due to Hirers - Deposits
Total
Year Ended
31 March 2022
£
46,789
2,640
49,429
1,000
6,000
1,000
30,000
11,429
49,429
7,060
45,000
2,569
(5,200)
49,429
Year Ended
31 March 2021
£
51,935
(5,146)
46,789
2,500
3,000
1,000
30,000
10,289
46,789
7,009
40,002
28
(250)
46,789