2022-03-31-accounts

Review of Year End Accounts Bembridge Youth & Community Centre Year Ending 31[st] March 2022

Context

• Accounts relate to the period April 1[st] 2021 through to March 31[st] 2022.

• Year on year comparison are effectively 2021 versus 2020

  • Pandemic closures

  • Grants

  • Full year closure of CIC and payrolled centre manager

• We are already 6 months into current financial year

Income

• Income 21/22 was £37,276 with total expenditure of £29,831 resulting in a nett increase to the centres reserves of £7,445.

• This was an increase of 50% on the prior year income revenues due to the restart of activities in the later stages of the year following the pandemic closures.

• Main income streams;

  • Function bar & food – £12,344

  • Grants – £10,677 (Gov Support) and also £3,030 from BSC and individuals. Also BPC Parish Asset grant of £1,000 used towards hall floor.

  • Hall Hire (activity and party) - £7,050

  • Trail and Soup run events - £2,616. Thank you Bryan Jones !

  • Karate subs donations - £559

Expenditure

• Expenditure in the year was £29,831

• Single biggest expenditure was installation of new hall flooring costing £9,201

• Bar stock and food for functions in hall was £8,234

• Contract staffing cost for bar, functions and cleaning in the year were £5,176 (Thank you Diane Portwine)

• Energy costs for the year were £1,826. Currently on 3 year fix price contract with EDF energy.

• Sponsorship to youth and senior football of £600

Future Considerations

• First full year back to “normal”

• Impact of grants from pandemic

• Energy / Cost of living situation

• 6 months energy this year currently £1,769

• Bar prices

• Contract staff cost

• Boiler renewal / installation

• Fireworks

TH ITY INC'OfvIE & EXPENDITIIRE IIC'COUN YEAR ENDED T ￿111￿ck1 2022

INDEPENDENT EXAMINER'S REPORT ON THE INCOME & EXPENDITURE ACCOUNT OF BRIDGE YOUTH & COMMUNITY CENTR Basls of Independent tx#mlns report My examin￿lort ¢orried out in acmTdwce with the Genernl DiTtttions given by the Ch￿ty Commissionus. An exarninaiion includcs a review of the ￿coUntIng record5 kcpt by the th￿ltY a comparison of the ￿untS prtsented with those ￿￿ordS. It also includ conSide￿10n of any unusual i￿S or disclosures in the acLvunis. aJ)d seeking exp10n￿lOn$ from you ￿ tn15teas conc¢ming any such matta5. The proccdurc5 undcrtaken do not provide I the evidence that would be rLyuired in an audit. ￿)nsequ￿t[Y I do not exprtss an ￿dit opinion on ihe view givm by ihe ￿￿Unt5. IndepeDdMt exrninerfs $tstun¢nt In conn&lion with my cxnination, no matter come to my attentLOn'. which gives me repsonable cause to believe lh# in ony m&erial rup￿1 the rcquirullui¢s - to kctp accounting rtCOTds in xe0rd￿ce with Section 41 of thc AL%,. and - io Prepa￿ ￿Coun1$ whith a¢cord with Ilie xcounting records and (o wmply with the a(￿u￿tIng ttqUireM￿I1 of the Act have not bem md; or 121 tu whith. in my opiniun. ottentiun should be dTawm in ordw to ￿able a pr()per underst4mding ofthe 4ax)unts to b¢ K. J. Piielan R05￿ul110tt Love kne B￿nbrid¥¢ Isle of Wi¥hi

BEMBRIDGE YOi￿H & COMMiMTY CENTRE DETAILED lTr•LOMF. ATriD F.XPF.NDITLRF. STATF.MENT FOR TIIE PERII)D F.NDF.D 22 fuDd8 l#tomltyg froTh donor4: 10.677.(M) 10,677.(X) Bank incursi r¢wv B¥& fwj IlirE of hall PBrty hirc I K8xatt Summtr f£stiv FLg1ivJJ u(Swrt Fi(cwO￿￿. & oiher ¢VEnlg Remhrid¥¢ p￿sh Counul TkIn￿lonS N¢w h￿1 IIiM)r di?M8tithn% Bernbrid8e CeTrlre CIC relidu￿ fvnd% TotAI In￿b￿[ni 12.344.20 4,270 00 2.780.00 551.64 12.344.20 4.27a.00 2.780.00 55%.64 0,00 2,615.75 0.00 0.00 3,03n.37 1615.75 3.030.37 i.1100.00 37.275.96 37 275.96 M&nagomtat And drn•niAtsption.' Lalx)ur u)5L %tod( 5.175.50 8.233.68 3.175.5U 8.233.611 W¢r SFx)rts' wuipm¢nl quIpm￿l and piich hire te Summer 1*9tiV81 F¢silv￿ ofsport FirLTrwIKs & oihcr eYenl% 201.25 201.25 IJ.IM) 1s.oo 048.72 648.72 Light & he In$Ut￿ lieptiiTh & mwnlL'nanLL' NLW flwr P.quipmLmt Advirtisin¥ and thin Telephone Priiiiin8, p￿t￿ge & 51&ivnuy Li?mpuler expensis Le￿￿ & pm1&45ional . I.¢¢th￿ fwg Le8￿ & pm1&%gion￿ fccs - (MhLT bs"Lriplioiis & dunDti<)ni 1.12h.12 892.29 1,293.72 9.201.DI u.uo 0.00 5Q2.32 158.ml 11.(K> 353.44 R92.29 1.293 72 502.32 15B.( 353.44 600.(M) 600. Cle￿1n& m&erids L¥%515 SpnnwrNhip oxpm5C5 427.01 427.01 ().(xi ID.( Tolal expendli¥Ye 29 831.03 o.oo 29 831.Q3 YET INf.OMINC.IiovfGOINGI RF.SOURCb.'?i b'OR I'HI.. YTr:AR 7.444.93 7.444.93

BEMBIUDGE YovfH & COMMUNITY CENTRE OR EMBEKS BALANCE SHEET ASAT Balanc¢ brought forward 05 * 151 April 2021 Cash at bank Ca%h in hand 42,756.86 Float - Petty LX5h 500.(M) 100.00 60a.00 43,356.86 Amounts to B￿bIld¥¢ CeniJE CIC AcLTuals bTOUbht foTwaTd 0.00 43.356.86 7.444.93 Nct incominbS for the year iYET LSSET £50.801.79 RtpreSenI￿ by.. Bal8nce as & 31 si M￿￿th 2022 C&sh 4* bank C¥%h in han(1 50,201.79 Float - Petty cgsh 500.00 100.00 600.00 50.801.79 AccNals £50 1101.79 on Bal￿¢¢ blfi¥d a5 at Isi April 20?1 10.000.00 1.292.40 0.00 11,292.4(fr Mov¥ntht$ 0.00 0.00 BaianLr cldwm as at 3 Isi M￿h 2022 10 000.00 0.00 1 292.40 0.00 I i ?()2.40

IIYDEPEIYDENT EXAMIYER'S REPORT ON THE 17¥COME & EXPENDITURE ACCOUNT OF BEMIIRIDGE VOLTH & COMMLYITY CEPTRE My (•ri¢d oui wilh lh¢ by ihe Cknty Commi$sion¥s. An Onith¥ion indth ￿ r¢vi¢w of lh¢ abunling by lh¢ thity md ? com￿50￿ ofih¢ with thos¢ t￿Thd5. 11 ￿50 includ n5Ida￿l9n of my ￿n￿yO1 itan$ (Y disdosurE5 in th¢ xc¢)unts. aJMJ s¢dLing ￿pI￿allIN from you irus1￿5 ￿((MIng ry suth M1￿5. The wLK¥Jur¢5 Und¢rta￿ do [￿t provid¢ l th# that wuld k r4uird in ¥Jdii. CLMwu¢ntly I dLI noi ￿P￿sS m wdil opinion on ih¢ view given by the ImdepthdMt eumlneei stsltnt In ry)OneAion wih my exnitOlLXI, no matex h¥ tyJm¢ w my ￿t￿liOn.. ich giv¥ me Y¢•SiNthle &WS¢ io bdi¢v¢ lh in ry ¢he - lo kry X¢OUmiihg rtcords in with s￿%10￿ 41 of the All., - lo Fr¢ptyr xovynls whith with the xa)uDiing rrfofds comply wilh ih¢ ￿quiT￿n￿lS of the ALI h￿t met; ur io whith. in rny wjinion, ato)iion should be drm in order LO ¢n￿le a prup Undus￿dIng ofthe &YounLS w be rtxhoj. .Lc/J K. J. Piid•o Roscmulli¢ Lov¢ L￿¢ Bcm&idg¢ tslt of wI￿t