Knowle Green Village Hall
Accounts
For the year ended 31 March 2024
Knowle Green Village Hall Contents Page For the year ended 31 March 2024
| Business Information | 1 |
|---|---|
| Accountant's Report | 2 |
| Profit and Loss Account | 3 |
| Balance Sheet | 4 |
| Notes to the Accounts | 5 |
Knowle Green Village Hall Business Information
For the year ended 31 March 2024
Accountant
G8 Accounting Ltd 17 Westwood Avenue Rishton Lancashire BB1 4BZ
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Knowle Green Village Hall
Accountants Report For the year ended 31 March 2024
You have approved the accounts for the year ended 31 March 2024.
In accordance with your instructions we have generated this set of accounts using the information and accounting records provided by you.
G8 Accounting Ltd
17 Westwood Avenue Rishton Lancashire BB1 4BZ
Client Approval Certificate
I approve these accounts and I confirm that all relevant records and information have been made available in their preparation.
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Knowle Green Village Hall
Profit and Loss Account
For the year ended 31 March 2024
| Turnover Fund raising events Donations Room hire Line dancing Whist & dominoes Grants Film Club Phtographic Society Craft Fair Christmas Party Gross Profit Administrative Expenses Caretaker Accountancy Fees Legal and Professional fees (allowable) Licenses Light, Heat & Power Property Maintenance (allowable) Depreciation Charge: Fixtures & Fittings General Insurance Computer Expenses Repairs & Renewals Stationery & Postage Telephone, Fax & Internet Sundry Expenses Cleaning of premises Loss for the Financial Year |
1,580 350 2,200 521 4,250 28,598 2,002 1,091 - 1,357 83 614 130 322 |
£ 2024 1,082 - 8,155 1,315 331 25,850 743 90 - - 37,566 37,566 (43,098) (5,532) |
592 350 - 707 3,964 8,798 2,356 1,121 288 2,708 531 612 883 521 |
£ 2023 880 368 5,335 765 - 9,821 419 - 350 570 18,508 18,508 (23,431) (4,923) |
|---|---|---|---|---|
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Knowle Green Village Hall
Balance Sheet
As at 31 March 2024
| Balance Sheet Knowle Green Village Hall As at 31 March 2024 |
||
|---|---|---|
| Notes Fixed assets 2 Tangible assets Current assets Debtors Cash at bank and in hand Current liabilities Trade creditors and accruals Net current assets Total assets less current liabilities Net assets Capital account Balance at start of period Net loss |
2024 £ 112,975 112,975 221 20,393 20,614 (385) (385) 20,229 133,204 133,204 138,736 (5,532) 133,204 |
2023 £ 114,977 |
| 114,977 161 23,983 |
||
| 24,144 (386) |
||
| (386) 23,758 |
||
| 138,735 | ||
| 138,735 | ||
| 143,658 (4,923) |
||
| 138,735 |
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Knowle Green Village Hall Notes to the Accounts
For the year ended 31 March 2024
1 Accounting Policies
Basis of accounting
The principal accounting policies are summarised below. They have been applied consistently throughout this year and last.
2 Tangible fixed assets
| Land and | Fixtures and | ||
|---|---|---|---|
| Cost or valuation | Buildings | Fittings | Total |
| £ | £ | £ | |
| At 01 April 2023 | 159,392 | 65,262 | 224,654 |
| At 31 March 2024 | 159,392 | 65,262 | 224,654 |
| Depreciation | |||
| At 01 April 2023 | 58,264 | 51,413 | 109,677 |
| Charge for year | - | 2,002 | 2,002 |
| At 31 March 2024 | 58,264 | 53,415 | 111,679 |
| Net book values | |||
| At 31 March 2024 | 101,128 | 11,847 | 112,975 |
| At 31 March 2023 | 101,128 | 13,849 | 114,977 |
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