# 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#mln*s 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 ex*rninerfs $tstun¢nt
In conn&lion with my cxnination, no matter come to my attentLOn'.
which gives me repsonable cause to believe lh# in ony m&erial rup￿1 the
rcquirullui¢s
- to kctp accounting rtCOTds in xe0rd￿ce with Section 41 of thc AL%,. and
- io Prepa￿ ￿Coun1$ 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 CEP*TRE
My (•ri¢d oui wilh lh¢ by ihe Cknty
Commi$sion¥s. An O*nith¥ion indth ￿ r¢vi¢w of lh¢ *abunling by lh¢
th*ity md ? com￿50￿ ofih¢ with thos¢ t￿Thd5. 11 ￿50 includ
n5Ida￿l9n of my ￿n￿yO1 itan$ (Y disdosurE5 in th¢ xc¢)unts. aJMJ s¢dLing ￿pI￿allIN
from you irus1￿5 ￿((MIng *ry suth M*1￿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 stslt**nt
In ry)OneAion wih my ex*nitOlLXI, 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