## **REPORT FROM CHAIR** ## **Dated: 12[th] November 2024** The Hall has had a fairly busy year in terms of bookings/improvements and maintenance etc. Still work to do (it never ends), but we have made huge strides this year. Our projected income is an improvement on last year, with forward bookings into 2026. We have our regular weekly classes and always a birthday party or wedding in the calendar, but along with these, the Trust has been striving to establish the Hall as a credible Arts and Events venue. The website “What’s On” Calendar is adding a variety of programmes on a regular basis, with National Screenings, Live Bands, Live plays and our latest venture to add to the mix, a Comedy Night. To aid the cause, grants have helped us equip the hall with the appropriate equipment to enable all of the above to take place. We have been able to install a PA, Screen, Stage Lighting, Hearing Loop, Microphones and now Stage Curtains to follow. We have also been able to make improvements to the bar offerings, which we will continue to add to. Along with all these, there has been some ongoing maintenance we have been able to tick off , with a new fire alarm system being the biggest and roof repairs being another, but the list continues, so we are looking at more grant help to put towards further issues. We have also welcomed two more members to our enthusiastic group to help continue keeping the Hall alive and well (and to help with the To Do list). All for now. Lesley Chair Montgomery Community Buildings Preservation Trust Ymddiriedolaeth Cadwraeth Adeiladau Cymunedol Trefaldwyn Registered Office Address: 2 Rowe’s Terrace, Pool Rd, Montgomery, Powys, SY15 6QD 0300 102 4528 • accounts@montgomerytownhall.uk • www.montgomerytownhall.uk Charity number: 1125054 • Company number: 06587832 • ICO registration: ZB287716 MONTGOMERY COMMUNITY BUILDINGS PRESERVATION TRUST ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 MONTGOMERY COMMUNITY BUILDINGS PRESFRVATION TRUST INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2024 31.3.2024 31.3.2023 INCOME Town Hall Hire Share of Bar Takings Weddings Rent - Montgomery Town Council Fundraising - Shenanigans evening 9993 3897 7350 4000 5415 2839 3766 4000 1545 25240 17565 EXPENDITURE Insurance Wedding Costs including licence Town Clerk Admin Charge Electricity 1125 1193 1300 720 600 2193 2268 586 896 1782 180 77 359 1877 1428 585 431 1083 602 193 524 Water, cleaning and waste costs Telecommunications Repairs and maintenance Music and Bar Licences Sundry Expenses Depreciation @ 10 % (9041) (10961) Surplus for the year 16199 £6,604 To be divided to figures as follows quipment fund - Shenanigans evening Balance: general fund (50 % ) propety fund (30 % ) equipment fund (20 % ) 1545 2530 1518 1011 8099 4860 3240 16199 6604 Registered Charity Number: l 125054 Company Registration Number: 6587832 MONTGOMERY COMMUNrrY BUILDINGS PRESERVATION TRUST BALANCE 5HEEf AS AT 31ST MARCH 2024 31.3.2024 31.3.2023 Flxed Assets Sound. Ughtlngand Vlsual Equipmen Costs B/fvid (Net of Grants) Additions in year (Net of Grant51 3321 834 4155 3321 3321 Depreciation blfwd Depreciation for year @ io% (3321 416 17481 3407 13321 1332) 2989 Sundry equlprnent Costs blfwd Additions in year Depreciation b/fwd Depreciation for year @ io% 263 812 1075 11351 940 263 1271 {1081 1271 236 Net Foxed Assets 4347 3225 Current Assets less liabilitles Money at bank Stock Of Oil Debtors & Prepayments 35544 260 2156 19284 780 1200 37960 21264 Creditors Depostts in advance 1550 3912 154621 335 3508 13,8431 Net current assets less liabllltles 32948 36845 17421 £20646 represented by Reserves.. Balance b/fi¥d Add Surplus for the year Reserve5 @ 31.3.2024 £20646 16199 36845 14042 6604 £20646 Reser¥e5 . Funds Breakdown: Reserves blfwd add surplus allocation for the year General Pro £9551 £5731 8099 4860 £17650 £10591 ui Totsl £20646 16199 £36845 £5364 3240 £8604 Note: For the financial year in question the company was entrtled to exemption under section 477 of the Companies Act 2006 relating to small companies. No members have required the comp.any to obtain an audit of its accounts for the year in question in accordance with section 476 of the requirements of the CompaniesAct 2006. The directors acknowledge theSr responsibility for complying with the req.uirements of the ACT with respect to accounting records and for the preparation of accounts. The accounts have been prepared in accordance with the micro-entity provisions, E J Humphreys-Treasurer MCBPT M J Cadwallader- Chartered Accountant MONTGOMERY COMMUNITY BUILDINGS PRESERVATION TRUST ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 MONTGOMERY COMMUNITY BUILDINGS PRESFRVATION TRUST INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2024 31.3.2024 31.3.2023 INCOME Town Hall Hire Share of Bar Takings Weddings Rent - Montgomery Town Council Fundraising - Shenanigans evening 9993 3897 7350 4000 5415 2839 3766 4000 1545 25240 17565 EXPENDITURE Insurance Wedding Costs including licence Town Clerk Admin Charge Electricity 1125 1193 1300 720 600 2193 2268 586 896 1782 180 77 359 1877 1428 585 431 1083 602 193 524 Water, cleaning and waste costs Telecommunications Repairs and maintenance Music and Bar Licences Sundry Expenses Depreciation @ 10 % (9041) (10961) Surplus for the year 16199 £6,604 To be divided to figures as follows quipment fund - Shenanigans evening Balance: general fund (50 % ) propety fund (30 % ) equipment fund (20 % ) 1545 2530 1518 1011 8099 4860 3240 16199 6604 Registered Charity Number: l 125054 Company Registration Number: 6587832 MONTGOMERY COMMUNrrY BUILDINGS PRESERVATION TRUST BALANCE 5HEEf AS AT 31ST MARCH 2024 31.3.2024 31.3.2023 Flxed Assets Sound. Ughtlngand Vlsual Equipmen Costs B/fvid (Net of Grants) Additions in year (Net of Grant51 3321 834 4155 3321 3321 Depreciation blfwd Depreciation for year @ io% (3321 416 17481 3407 13321 1332) 2989 Sundry equlprnent Costs blfwd Additions in year Depreciation b/fwd Depreciation for year @ io% 263 812 1075 11351 940 263 1271 {1081 1271 236 Net Foxed Assets 4347 3225 Current Assets less liabilitles Money at bank Stock Of Oil Debtors & Prepayments 35544 260 2156 19284 780 1200 37960 21264 Creditors Depostts in advance 1550 3912 154621 335 3508 13,8431 Net current assets less liabllltles 32948 36845 17421 £20646 represented by Reserves.. Balance b/fi¥d Add Surplus for the year Reserve5 @ 31.3.2024 £20646 16199 36845 14042 6604 £20646 Reser¥e5 . Funds Breakdown: Reserves blfwd add surplus allocation for the year General Pro £9551 £5731 8099 4860 £17650 £10591 ui Totsl £20646 16199 £36845 £5364 3240 £8604 Note: For the financial year in question the company was entrtled to exemption under section 477 of the Companies Act 2006 relating to small companies. No members have required the comp.any to obtain an audit of its accounts for the year in question in accordance with section 476 of the requirements of the CompaniesAct 2006. The directors acknowledge theSr responsibility for complying with the req.uirements of the ACT with respect to accounting records and for the preparation of accounts. The accounts have been prepared in accordance with the micro-entity provisions, E J Humphreys-Treasurer MCBPT M J Cadwallader- Chartered Accountant