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2021-12-31-accounts

Unrestricted Funds Unrestricted Unrestricted Funds
Year Ended Year Ended
31st December2021 31st December2020
DESCRIPTION Note £
£
£ £
Incoming Resources
Hall Lettings 16944.08 13,677.04
Grants & Donations 18,711.05 19,434.79
Grants & Donations Parish Council (Air Con) 5,000.00
Fund Raising Income 0.00 320.00
Interest 2.38 28.59
Miscellaneous income 0.00 53.22
Release Reserves forAIR Con unit 15,000.00 0.00
Total Incoming Resources 55,657.51 33,513.64
Resources Expended
Direct Charitable Expenditure
Purchase Air Con unit 26,256.00 0.00
Hall OperaLirig Costs 11,695.41 10,348.22
Repairs & Maintenance 8,557.13 9,575.40
Accelerated depreciation of Hall Equipment 16,854.27 4,377.00
Donations 0.00 50.00
Miscellaneous Expenditure 1,168.61 1,242.00
Increase reserves 7,000.00 7,000.00
71,531.42 32,592.62
Fund Raising & Publicity
Fund Raising Expenses 0.00 0.00
Management & Administration
Miscellaneous Admin. Expenditure
Independent Examiner’s Fees
Legal & Professional Fees 0.00 0.00
Total Resources Expended 71,531.42 32,592.62
Net Incoming Resources -15,873.91 921.02
General Fund Brought FoTward 324,526.70 323,533.49
Reconcilling item -64.06 72.19
Transferred To Designated Funds
at 1stJanuary2021
General Fund Carried Forward
at31st December2021 30858873 32452610

YearEnded YearEnded YearEnded
31st December 2021 31stDecember 2020
£ £ £ £
Note
Fixed Assets
Tangible Assets Leasehold Property 295,300.00 295,300.00
Tangible Assets Equipment I 16,854.27
CurrentAssets
Cash at Bank 47,78873 54,872.43
47,788.73 54,872.43
Liabilities
Unpresented Cheques
Creditors Hire Deposits 0.00 0.00
0.00 0.00
Net Assets 343,088.73 367,026.70
Funds
Unrestricted Funds
General Fund 308,588.73 324,526.70
No 1 Reserve Fund Air-Conditioning Replacment 2,000,00 17,000.00
No 2 Reserve Fund Maintainance 8,000.00 7,000.00
No 3 Reserve Fund Replacing Equipment 5,500.00 3,500.00
No 4 Reserve Fund Impactofloss ofincome Due to Covid-19 5000.00 5.000.00
No 5 Reserve Fund Kitchen Extension 14,000.00 10,000.00
343,088.73 367,026.70

Pot Description Value
Maintain and Replace Air-conditioning
The current air-conditioning system was replace early 2021.
This is a provision for maintenance/ repair.
£2,000
2 Maintenance
Rooftiles and gullies: It has been advised that some minor work will
need to be carried out, though atthe moment it is cosmetic.
Car Park: Including entrance gate
Drains: Internal and external
Boiler: <5 years old, but provision if major cost repair required.
Decorating: We aim to have this done every 3 to 4 years. £8,000
3 Replacing equipment
Main hall chairs: Current chairs are old and startingto show wear,
they will need replacing in the next couple ofyears.
Kitchen equipment: Oven, Fridge-freezers etc. £5,500
4 Impact of loss of revenue due to Covid-19
Cover operating costs e.g. insurance, water, gas, electric, cleaning,
rates, garden maintenance etc.
Required ifour income is impacted beyond 2020. £5000
5 Kitchen Extension
The function ofthe hail would benefit from extending the kitchen
area, basically ‘squaring-off’ the hall. This would provide a larger
kitchen and serving area for hirers.
It is noted thatthough the intension isto grow this pot over time, if
there is a greater need/ emergency, the committee will need to
redirect funding. £14,000
Total Reserve Fund: £34,500

Leasehold Leasehold Equipment Total
Property *
COST £ £ £
At 1stJanuary2021 295,300 73588 368,888
Additions 0 0
Disposals 0 0
AssetWritedown -73,588
At 31st December2021 295,300 0 295,300
DEPRECIATION
At 1stJanuary2021 0 56,734 56,734
Additional depn for full writedown
Charge forthe year -56,734 -56,734
Disposals 0 r
0
At3lstDecember2o2l 0 0 0
NET BOOK VALUE
31st December2021 295,300 0 295,300
31stDecember2020 295,300 16,854 312,154