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2024-12-31-accounts

Trustees’Annual Report Llangunllo Community Hall

Introduction

The Trustees of Llangunllo Community Hall are pleased to present their annual report for the year ending 31st December 2024. This document provides a comprehensive overview of the hall’s activities, achievements, financial performance, and future plans, reflecting our ongoing commitment to supporting the local community.

Objectives and Purpose

Llangunllo Community Hall serves as a vital hub for local residents and the wider community. The hall’s primary aim is to promote a strong sense of community by offering a welcoming space for a variety of social, educational, and recreational activities. We strive to ensure that our facilities are accessible and beneficial to all.

Key Achievements

Governance and Management

The management of the Village Hall is overseen by a dedicated team of Trustees, elected annually in accordance with the Trust Deed. The Trustees are responsible for ensuring the hall is run efficiently and adheres to all legal and regulatory obligations, safeguarding the interests of the community it serves.

Financial Overview

Income £27,644 (hall hire, grants, and
donations)
Expenditure £29,596 (maintenance, utilities,
community projects)
Reserves £13,639 (for future improvements
and unforeseen expenses)

Although expenditure exceeded income this year, primarily due to significant maintenance work, the Village Hall remains in a positive financial position. Our healthy reserves will help support future improvements and address unforeseen costs.

Future Plans

Looking ahead, the Trustees are committed to seeking further funding to enhance the facilities. Priority projects include upgrading the heating systems to boost usage during the winter months and renewing or refreshing the main hall floor to maintain a high standard for community activities.

Acknowledgements

The Trustees wish to express their sincere gratitude to all volunteers, donors, and community members who have supported Llangunllo Community Hall over the past year. Your contributions are invaluable and greatly appreciated, ensuring the continued success and vitality of our hall.

Llangunllo Community Hall Accounts for the year ended 31st December 2024

Details
Hires
Donations
Grants
200 Club
Events - Charity Shop Llandridod Wells
Events - Community Concert
Events - Quiz
Events - Dinner Dance
Events - Coronation Tea
Stationery and Printing
Utilities - Electric and Water
Repairs and Maintenance
Equipment purchases
Insurance
Bank Interest / Charges
Rent
Advertising
Other - Lottery License/Extinguisher Service
Total income
Opening Bank Balance
Profit/(Loss) for the year
Closing total funds
Co-op Account
Dec invoices not paid yet
HSBC BMM Account
Petty Cash
Income
Expenditure
£
2,226.03
-
2,024.85
-
19,166.00
-
740.00
240.00
-
-
3,274.00
363.68
-
-
-
-
-
-
-
67.99
29.50
1,152.44
-
26,492.62
-
-
-
943.75
33.76
-
150.00
150.00
-
80.00
-
105.68
2024
Income
Expenditure
£
3,117.13
-
685.00
-
4,500.00
-
985.00
480.00
1,374.80
98.40
-
-
150.00
9.08
1,122.00
839.50
1,060.00
1,175.98
-
-
241.96
1,437.26
-
666.72
-
103.52
-
867.88
18.40
-
150.00
150.00
-
40.00
-
228.56
2023
27,644.14
£
29,596.16
£
13,404.29
£
6,096.90
£
15,591.19
£
1,952.02

13,639.17
£
13,000.37
£
239.00
£
-
£
399.80
£
13,639.17
£
8,283.80
£
7,307.39
£
15,591.19
£
13,280.34
£
2,018.40
£
292.45
£
15,591.19
£

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