CoMPhNIE s P4oos BEMERTON COMMUNITY UMITEO IA CnparV tifflited by Guaranteel REPORTOFTHETRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 Company Number: 07098771 Charity Number: 1136873 'ABCG4115• 13109r2022 COMPANIES HOUSE A24
BEMERTON COMMUNITY LIMITED CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 310ECEMBER 2021 Page Charity Information Report otthe Trustees Independent Examiner's Report Statement of Financial ArtivitiÈs Balance Sheet Notes to the Financial Ststefflents
BEMERTON COMMUNITY UMITEO CHARITY INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2021 BOARD OF TRUSTEES: N l Barsby E N M Curteis J G MacKav Or R H Scottjupp P A Trevett STiig8er V Watts M A Willmot Rev'd K Martin Ichairmanl resigned 25 March 2022 - appointed I September 2021 - appointed 11 March 2021 & - resigned 18 Novernber 2021 COMPANY sECRARY. J G MacKav REGISTERED OFFICE.. Myrtle Cottage Church Lane Sal&sbury SP2 9NR COMPANY NUMBER: 07098771 CHARITY NUMBER.- 1136873 INDEPENDENT EXAMINER: SJ L Ellingham BAFCA LKhA Fawcerrs iLP Chartered Accountsnts Windover House 5t Ann street Salisbury SPI 2DR BANKERS: HSBC Bank plc 19 Minster Sveet Salisbury SPI ITE
BEM£RTON COMMUNITY LIMtrED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 The trustees Iwho a also dirertOTS ol the chaiitsb compatry for the purposes of company lawl present their annual report. together wth the Independent examined fjnèncial statements ol the charitable company for the year ended 31 December 2021 and confimi that ihey cornpty with the Charities Act 2011, thÈ governing dlxument ènd rhe Charities SORP 2019 IFRS 1021. Legal and adininistratwe inforrnatK>n set ¢Mrt on pa8e I lorrrs part of this pOrt. STRUCTURE, GOVERNANCE AND MANAGEMEP4T BemÈrton Community Limited was incorporated on 8 December 2LMJ9. The company is registered with the Charity Coinrni55K)n for England anLI W3le5 (registration number 11368731. It is incorporated ènd ¢egistered in England and Wales a5 a cornpany limited by euarantee and llot han8 a share tèpital (company nurnbèr 070987711. The liability of the rnernbers in the eveni of a windin8 Ltrp is limited by guarantee to an arnount noi exceeding £10 per member. The charily IS cctrOlled by its8oveminB document, a Deed of Trust. Recruitment and 3ppointmemt ol new tteS New trustees are recruited and appointed bylhe exisiing trust as and vthen vacancies arise. No outside party can appnI tru5tee5. OBJECnVES ANO ACTIVIIIES Charitable Objects The principal objeas of the charity. as set wt in ils Memoradum of Association. are to bring the St. John's Church in Lovier Bemerton back into use as a centre for the Ioc31 comnNJnity aThd to make sure it continues for the fe$ee3b1e fviure. Siznilitant ArtivitiÉs The construction phase OF the project to convert the St. John's Church commenced in September 2015 and was COM@ted in June 2016. Since May 2016 the charity has been operating the church as St. John's Place provi(linE an addit31 fatility forthe neèibyprirnary khool and a posmjlar venue for weddings. parties and a range of cornrnunity servi5 an¢J events. The Chancel of the Church iemains consecrated and is used for Various religious events such a5 weddings. bapt15rn5 and funerals. Public Benefrt The trustee5 confirrn that they have complied with the dutyin $17151 of the CtharTts Att 2011 to have due regard to the Charity Cornmis5ion's gvidaoce on public benefvt. induding'Public benefrÉ.' reporting, IPB31. FINANCIAL REVIEW AND RESULTS FOR THE YEAR The rÈsults for the yeèr and financial Fx)5ition of thE charityare shown in the attached financial statements. Total incoming resources increèsed by 2.0% on the previous year from £S7,603 to £58,777. Whilst there was a weliornÈ £10.324 yearn-year ifKrease in tKJoknn8 and wetJdinK fees. donatK)n ar grant income e(ased by £4,895 year-on-year. Total outgoine resojrces remaine¢J steaLty. decreosink by4.2% on the previtius ar from £66.545 to É63,761 due to cost savings arising from the cbsure of St. John's Place in the hr5t part of 2021 a5 è $vIt of the various'lockdowrys, and generally prudent management. The cash posrtK)n atthe end of the yearwas £50.21812020= £39,824). Coniinued on page 3
BEMERTON COMMUNITY LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 Continued from page 2 FINANCIAL REVIEW AND RESULTS FOR THE YEAR Icontinuedl ResèNes Poliev The trustees policy on the fvnding of ServeS is based Dn the Charity Commission document CC19 and therefore reco8nises the need to hold reserves in order to deal with adverse change5 in the leve15 01 income and expenditure in future years. The charity's policy is to hold three to six months, runnin8 costs in reserves in the eventuality of the charity losing a primary source of income or having to close dov4n completely. The required ieserves equate to beeen £IO,(XX) and £20,IJ)). At 31 December 2021 free reserves amounted to £49,021. This report hzs been prepared in accordance with the provi5ion5 of Part IS of the Companies Act 2LK)6 ielating to small companies. ON BEHALF OF THE BOARD OF TRUSTEES- J G MacKay- Trust Date-. I S*.z
BEMERTON COMMUNrtY UMITED INDEPENDENT EXAMINER'S REPORTTOTHETRUSTEESOF BEMERTON COMMUNITY LIMITED FOR THE YEAR ENDED 31 DECEMBER 2021 I report to the charity trustees on my exarnination of the accounts of the company for the year ended 31 December 2021 which are Set out on pages 5 to IS. Responsibilities and basls of report As the charity trustees of the company land also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the quirementS of the Companies Act 2Lk)61'the 2006 Act'l. Havirtg satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2(K)6 Act and are eligible for independent examination. I report in respeci of my examination of your company'5 accounts as carried oul under sertion 145 of the Chaftbes Att 20111.the 2011 Act'l. In carrying out my examinalion I have followed the Directions 8iven by the Charity Commtssion under section 14515llbl ol the 2011 Act. Indepèndent examiner's ststèment I have completed my examinaiion. I confimi thai no matters have come to my attention in connection wth the examination 8ivin8 me cause to believe that in any material respect.. l. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act- or 2. the accounts do not accord with those retords., or 3. the accounts do not comply with the accounting requirement5 of section 396 of the 2LK16 Act other than any requirement that the accounts glve a 'true and fair v¢ew' which is not a matter considered as parr of an independent examination.. or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recornmended Prartice for accountÈng and reportin8 by charities. I have no concerns and have come across no other matters in connection wth the examination to which attention should be drawn in this report in order to enable a proper vnder5tandin8 of the accouAts to be reached. am BA FCA DClk4 Fawteits LLP Chartered Accountants Windover House St Ann Street Salisbury SPI 2DR Date..
BEMERTON COMMUNITY LIMITED srATEMENT OF FINANCIAL ACTivifiES IINCLUDING INCOME & EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 DECEMBER 2021 Total 2021 Total 2020 Unrestrirted Restritted Note INCOMEFROM.. Charitable activities Fundraising activities 31.013 31.013 24,938 Donations and legaeies Donations. grants and legacies 24.337 3.420 27.757 32.652 Invèstfflents Other TOTAL INCOME S5.352 3.420 58,772 57.603 EXPENDITURE ON- Charitable activbties 50.908 12,853 63.761 66.545 TOTAL EXPENOITURE SO.908 12,853 63.761 66.545 NET INCOME I IEXPENDITUREI 19.4331 14.9891 18.9421 Transfers between funds 3,420 13,4201 NET MOVEMENT IN FUNDS 7A64 112A531 14.9891 18,9421 RECONCILIATION OF FUNDS: Total funds b¥ought forward at l January 2021 191,480 442,936 634,416 643,358 TOTAL FUNDS CARRIED FORWARD 629 427 634 416 Total retognised tarns and lossès The charity has no reco8nised 8ains or losses other than the deficit lor the current or previous year. Continuing operations None of the charity's activities were acquired or dixontinued durin8 the current or previous year. The notes form part of these finantial statements
BEMERTON COMMUNITY LIMITED (REGISTERED NUMBER: 070987711 BALANCE SHEET 31 DECEMBER 2021 2021 2020 Note FIXED ASSETS- Tangible fixetj assets 584.051 603.419 CURRENT ASSETS= Debtors Cash 31 bank and in hanij io 3,293 39.824 50.218 TOTAL CURRENT ASSEts 54.164 43,117 LIABILITIES Creditors.. Amounts due within one year li 18.7881 112.1201 NET CURRENT ASSETS 45.376 30,997 TOTALASSETS LESS CURRENT LIABILITIES 13 629 427 634 416 FUNDS Unrestricted funds.. general Restricted funds 12 12 199,344 430,083 191,480 442,936 TOTAL CHARITY FUNDS 629 427 634 16 For the financial year in qvestion the cornpany wa5 entitled to exemption under Section 477 of the Companie5 Act 2006 relatin8 to small companies. No members have required the company to obtaifi an audit of its account5 lor the year In question in accordance wth Section 476 of the Companies Att 2LK)6. The directo acknowledge their responsibility for complying with the requirements of the Act with respect lo accounting records and lor the preparation of ac£ounts. These accounts have been prepared in accordance with the provigons applicable to cot7ipanies subject to the small companies. regime. The financial staternents were approved and authorised fi* issue by the 8oafd of Trustees on were signed on its behalf by.. J G MacKay- Trustee The notes forni part of ihese financial statements
BEMERTON COMMUNITY UMITED NOTESTOTHE FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 I. ACCOUNTING POLICIES Accounting convention Bemerton Community rnited is a company limited by guarantee. incorporated and re8lStered in Eng13nd and Wales. The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounring and Reporting by Charities.. Statement of Recommended Pracrice applicable to charitie5 preparing their account5 in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 (effective I January 20191- (Charitie5 SORP 2019 IFRS 10211. the Chaflties Att 2011 and the Companies Act 2006. The financial statemenrs are prep3red on a going concern ba5l5. The financial 5tat£ments ère prepared in Sterling 1£) which is the functional currency of the chanty. The significant accounting policies applied in the preparation of these financial Statements are set out below. These policies have been consistenily applied to all year5 presented unle55 Otherwi5E St3teLI, The trvstees have considered the finanoal position of the organisation and believè that il is currently a 80in8 concern. Fund accounting Unrestricted fund5 are available for use at the discTetion of the trustees in furiherance of the general objectives of the charity antl which have not been desi8nated for other purposes. Designated funds comprise unresriirted funds that have been set aside by the trustees for partscular pvrposes. The aim and use of each designated fund is set out in the notes to the financial statements. Aestiicted fund5 are fund5 which are to be used in accordance wilh specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the finanual statements. Income recognition All incoming resouices are iricludetl in the Statement of Financial Activities ISOFAI when the charity 15 le8ally entirled to the income after any performaTr cditIonS have been met. the 3rnount can be measured reliibly and it is probable that the income will be re1ve. For donations to be recogni5ed the charity will have been notified of the amounts and the settlement date in writing. 11 there are conditions attached to the donarion and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those condilions s thin the contrd of the charity and it is probable that they will be No amount is included in the finanfftal statements for volunteer time in line with the SORP IFRS 1021. Fixed asset 8ifts in kind are reco8nised when receivable and are included at fair value. They are not deferred over the life of the asset. Expendlture reco8nition All expenditure is accounted for on an accruals basis and has been classified under headings that aggre8ate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties. it is probable that the settlement will be required 3nd the amount of the obligation can be measured reliably. The irretoverable element of VAT is included within the item of expense to which it relates.
BEMERTON COMMUNITY UMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 ACCOUNTING POLICIES Iconiinuedl Tan8ible fixed assets Expenditure on fixed assets is (apitalised except for expenditure inCUrd on the replacement of assets of low value with 3 short life. Repair. renovation and replacement expenditure is written off as expenditure in the Statement of Financial ActNlties. The cost of fixed assets is their purchase cost. to8ethe¥ with any incidental costs of acquisition. Depretiation is prowded at the following annual rates in order to write off each asset Over its estimated usefvl life. Long leasehold Fixture5, fittings and equipment - 2% and S% on cost - 20% on c05t Debtors Debtors are measured at their recoverable arnounts. Crediiors and provisions Creditors and provision5 are recc%nised where the charity has a piesent obligation resulting frorn a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligatitsn can be measured or esrimated reliably. Creditors and prwsions are normally reco8ntssed at their settlement amount after allowing for any trade discounts due. Pension costs The charity makes pension contributions io a defirted contribution pension scheme, the assets of which are held separately from those of the charity in an independently administered fund. Contributions to this scheme are cha¥ged to the Statement of Financial Activities a5 they become payable. Goverrtment grants and Corona¥ifllS ICOVID-191 The charity has received support from the UK Govemment as part ol a package of measures introduced to support organisation5 during the coronavirvs pandemic. Government gr3nts are recognised in the finantial statements in the period in which they become (eivable. DONATIONS AND LEGACIES UnrestrKted funds 2021 Restricted fund5 2021 Total funds 2021 Total fund5 2020 Donatlons 8rants and le8ac5es George Herbert room furniture Friends of Bemerton Gift Aid receivable General donations Job Retention Scheme grant Wiltshire Council- Area Board grant COVID-19 Business Support grant 1.925 1.925 2.455 1.121 5,702 6.140 1.014 9,890 2.410 2,984 1,275 6.093 2.455 5.702 6.140 IX114 10.000 Toial 24337 3.420 27.757 32,652
BEMERTON COMMUNITY LIMITED NOTES TO THE FINANCIAL STATEMENT5 FOR THE YEAR ENDED 31 DECEMBER 2021 INCOME FROM INVESTMENT5 All of the charity's income from investments arises from interest bearing deposit accovnts. TAXATION The charify is an exempt charity within the meaning of Schedule 3 of the Charities Act 2011 and is consitlered to pass the tests set out in Paragraph I Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. TRUSTEES. AND KEY MANAGEMENf PERSONNEL REMUNERAnoN AND EXPENSES The trustees neirher receive4J nor waived any remuneration during the year12020.. £Nill. The charity considers its key management personnel comprise the trusteès. Key management personnel are not remunerèted. The trustees did not hève any expenses reimbursed during the year12020= £Nill. STAFF COSTS The average monthly number of empltyees durin8 the yearwas as lollows.. 2021 2020 Administration 2021 2020 Salaries Social security Defined contribution pension costs 19.670 910 19,706 760 No ernployees ieceived total employee benefits (excluding employer pension tostsl ol more than £60,OCK)12020- None). NET OUTGOING RESOURCES Net outgoing resources are stated alter char8in8'. 2021 2020 Depreciation- owned assets Independent examiner's fees 26.433 25.036
BEMERTON COMMUNITY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 TOTAL RESOURCES £XP£NDED 2021 2020 Charitable artivitiès Accountancv Accountancy- Independent examiner's fee Advertisin8 Bemerton Live professionals Cleaning COVID-19 Com13nCe expenses Oepreciation Long leasehold Fixtures, fittin8s and equipment Equipment repairs and renewals Event costs Gener31 expenses Insurènce cences and subscriptions tight and heat Office expenses Pension Rates and water Telephone and internet Wages Wasre mana8ement 1,249 1.020 643 576 1.934 529 1.080 839 2.451 17.426 9,007 1.139 116 1,050 4.214 867 3,004 1,040 17,433 7.603 4.625 87 4.454 70 3,700 560 1611 773 20.580 236 474 883 20.465 240 63,761 66.S45 Toial resourtes expended io
8EMERTON COMMUNifYuMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 TANGIBLE FIXED ASSETS FiUreS, fitting5 & equipment leasehold Total COST: At l January 2021 Additions Disposals 657.006 38,017 7,065 695,023 7.065 At 31 December 2021 657,(K)6 45.082 702,088 DEPRECIATION.. At l January 2021 Charge forihe year Elirninated on disp05a15 68.091 17.426 23,513 9.007 91,604 26,433 At 31 Oecember 2021 85.517 32,520 118,037 NET BOOKVALUE.. At 31 December 2021 571,489 12,562 584,051 At 31 De£ember 2020 588.915 14.504 603,419 io. DEBTORS 1021 20ZQ Trade debtor5 Gift Aid clairn Job Retention Scheme Brant Prepayments 1,121 2,255 1,038 2.825 3,293 ii. CREDITORS: AMOUNTS FALUNG DUE WIThIN ONE YEAR 2021 20ZO Hire deposits Social security and other taxes Accruals- independent examifter's fee Deferred incorne- wedding hire 3,550 68 1,080 3.840 1,020 7,550 li
BEMERTON COMMUNITY UMtTED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 310ECEMBER 2021 12. MOVEMENTOF FUNDS Balance at 0110112021 Incoming Tesourtes Outgoing resourtes Balance at 3111212021 Transfers Unrestrirted funds General free reserves Unrestricted fixed assets . 30,997 160,483 191.480 55.352 137.3281 113,5801 150.9081 49.021 15ts,323 199,344 3,420 3.420 55.352 Restrided fun¢ts.. fixed assets Conversion of St. John's Church Black-out blind5 George Herbert room fumilure 442,936 112,8531 430,083 1.014 2.406 3.420 11,0141 12,4061 13,4201 442.936 112.8531 430,083 Total funds 634 416 629 427 Comparative balances fof the year ended 31 December 2020.. Balance at 0110112020 as restated lrtcomln Outgotng resourcè5 Balance at Transfers resources 3111212020 Unrestricted funds General free reserve5 Unrestricted fixed assets 26,908 158.811 185,719 43.748 3,965 47,713 141.5091 112.1831 IS3,6921 1,850 9.890 11,740 30,997 160,483 191,480 Restricted funds.. fixed a55ets Conversion ol St. John's Church Pathway lighting Geor8e Herbert room furniture 455,789 112,8531 442,936 11.8501 19,8901 111,7401 9,890 9,890 457,639 12.853 442.936 Totsl funds 634 416 12
BEMERTON COMMUNITY UMITED NOTES TO THE FINANCIAL STATEMENTS FOR ThE YEAR ENDED 31 DECEMBER 2021 12. MOVEMENTOF FUNDS Icontinuedl UNRESTRicfED FUNDS- General This represents funds which have been accumulated for the general purposes OF the chariry. Unrestricted fixed a5setS Thi5 repfesents unrestrtcted funds held as fixed assets and are not readily available. RESTRicfED FUNDS: Conversion of St. John's Church This represents restricted funds held as fixed assets and are not readily available. George Herbert room furniture Thi5 represents donations lor the purchase of 5pecilic item5 of furnitvre_ A transfer from this fund took place dufing the cvrreni and prior year in recognition of the satisfaction of the original restrictions. Black-out blinds This represents a grant received for the installation of black-out blinds in St John's Church. A transfer from thi5 fund took place during the year in reccsgnition of the satisfathon of the ori8inal restriction. Pathway lighting This represents a grant received for the installation of pathway lighting. A transfer from this fund took place during the prior year in recognition of the 5at15fartion ol the original restriction. 13. ALLOCATION OF THE CHARITY ASSETS The net assets are held for the various funds as follows= Fijred Assets Net Current Long-term abilities Total Unrestricted funds.. general Restricted funds 153.968 430.083 45.376 199344 430.083 Total 629 427 Prior year net aets held for the variou5 funds were as fofiow5= Fixed Assets Net Cunent Assets Long-term Liabilities Total Unrestricted fund5.' general Restnrted funds 160.483 442.936 30.997 191,480 442,936 Total 603.419 30,997 634 416 13
BEMERTON COMMUNITY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 DECEMBER 2021 14. OPERATING LEASE COMMITMENTS Total future minimum lease payments under non-cancellable operating leases are as follow5.. 2021 2020 Within one year 15. CAPITAI COMMITMENT5 2021 2020 Contracted but not provided for in these finantial statements 16. STATU5 OF COMPANY The company is a registered charity limited by guarantee. The liability of the members in the event tsf a winding up Is limfrted by guarantee to an amount not exceeding £10 per member. 17. RELATED PARTY TRANSACtIONS There are no related party transactions during the peiic*J12020.. None). 14
BEMERTON COMMUNFTY LIMrrED NOTESTO THE FINANCIAI STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 18. PRIOR YEAA COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES Total 2020 UnStriCted Restricted Note INCOME FROM.. Charltable attivities FLTnd rajsing actNi(te5 24,938 24.938 Donation5 and leEacies Donations afftd grants 22.762 9,8SYI 32,652 Investments 13 13 Other TOTAL INCOME 47.713 9.890 57,603 EXPENDITURE ON: R•isirtKfvnds Charitable artivities 53,692 12,853 66.54S TOTAL EXPENOITURE 53,692 12,853 66,545 NETEXPENDITURE 15,9791 12.9631 18.9421 Transfers berween funds 11.740 111,7401 MOVEMENT IN FUNDS 5,761 114.7031 18.9421 RECONaLIATION OF FUNDS- Tot31 fvnds brou8hi forward t l January 2020 131.367 511.991 643.358 Prior year adjustment 54.352 154.3521 TOTAL FUNDS CARRIED FORWARO at al December 2020 15
14[th] September 2022
Bemerton Community Ltd – Treasurer’s report 2021
2021 marked the second year of the Covid pandemic, and for the first seven months of the year St John’s Place was shut in accordance with governmental guidelines, which severely disrupted the ability of the community and commercial users to use the facility. In August there were a couple of rather tentative uses, and things then strengthened as of September, but with some wariness remaining.
We had to furlough both the manager and caretaker for extended periods, but slowly increased hours from the early summer as the lockdowns eased, returning to full service and full employment hours by September 2021.
Happily the government offered substantial support by way of grants and furlough payments which kept our finances in good order, and we end 2021 stronger than we started, which I’ll cover in a moment.
The Capex program was, to all intents and purposes concluded, as the following were achieved: Lighting system for the pathway to the Lynch gate £1558.
- Blinds at the west end of the church to improve visibility of the screen £2929. Outside banner £228.
Key-safe £60 to enable some users to let themselves in and out.
Data terminal and software for the George Herbert room £1645.
Notice & display boards in the George Herbert room £645.
In terms of activities, the school remains our core and indeed key user, and very kindly they kept paying throughout the lockdowns.
Weddings + reception were able to resume with pre-covid bookings at last fulfilled, and bookings for classes and events recover well as of September, but Community events which are deliberately less remunerative and where there is less room for a bounce back suffered from the lock down.
Despite all the problems sales rose 24% to 31k (25k), which is satisfactory.
Income from donations / grants etc. fell 15.2% principally due to less governmental support. Other receipts held up well given the circumstances.
Expenses were kept under tight control, and fell 4.9k, mainly due to a £3.5k decrease in equipment renewals and repairs.
The single most important number is that of Free Cash which rose by £18.9k to £41.4k (£22.5k), the main contributor being all the Governmental support at £16.6k – bless them!
So, we ended the year stronger than ever, as prepared as we can be to face the further blasts of a lack of weddings, recession, and fuel cost rises.
Key numbers calendar 2021. (Accrual, not cash basis):
| Revenue | 2021 | 2020 | |
|---|---|---|---|
| School | 13,000 | 13,000 | |
| Weddings | 6,350 | ||
| Community events | 2,179 | 3,388 | G Herbert, M Hist, Bem Live |
| Booking fees | 9484 | 5,510 | Hirings |
| Interest | 2 | 13 | |
| Total | 31,015 | 24,938 | |
| Donations, grants etc. | |||
| Donations | 11,203 | 11,619 | Friends, G Aid, Open Gdns, |
| Grants | 1,014 | 4,940 | |
| Grants – Job retention scheme | 6,140 | 6,093 | |
| Grants – Covid business support | 9,400 | 10,000 | |
| Total | 27,757 | 32,652 | |
| Total income | 58,772 | 57,603 | |
| Expenses | |||
| Payroll | 20,580 | 20,465 | |
| Insurance | 4,214 | 4,454 | |
| Utilities | 3,004 | 3,700 | Gas, elec |
| Community events | 955 | 576 | B live, etc |
| Admin costs | 4,810 | 5,041 | Audit, office, sundry, phones, licenses, |
| Building costs | 3,765 | 7,273 | clean, Alarms, water n waste, repairs |
| Total | 37,328 | 41,509 | |
| Depreciation | 26,433 | 25,036 | |
| Result | -4,989 | -8,942 | |
| Cash – gross | 50,218 | 39,824 | |
| Advance payments | 7,640 | 11,320 | |
| Capital commitments | 0 | 4,000 | |
| 3rdparty cash | 1,136 | 2 026 | |
| Cash – net | 41,441 | 22,478 |
Nick Saint Treasurer