BEMERTON COMMUNITY LIMITED (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSfEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Company No.. 07098771 Charity No; 1136873 BEMERTON COMMUNITY LIMITED CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Charlty Inforniatlon Report of theTriistees Independent Examlnerfs Report Statement of Flnan¢lal A¢tivltles Balance sheet Notes to the Financlal Strtements BEMERTON COMMUNITY LIMITED CHARITY INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2022 BOARD OF TRL15TEE5: N l Barsbv E N M Curteis Dr L K Fountaln J G MacKay Dr R H Scott Jupp P A Trevett S Trigger V Watts M A Willmot (Chairman) re518ned 25 March 2022 appointed 30 April 2023 COMPANY sECR￿ARy.. J G MacKay REfjl￿ERED OFFICE: Myrtle Cottage Church Lane Sa115bury SP2 9NR CHARITY ADDRESS: St John's Place Lower Road Bemerton salisbury SP29NP COMPANY NUMBER: 07098771 CHARITY NUMBER: 1136873 INDEPENDENT EXAMINEK. S J L Ellingham BA FCA DChA Fawcetts LLP Chartered Accountsnts Windover House St Ann Street Sallsbury SPI 2DR BANKER&" HSBC Bank plc 19 Mln5ter Street Salisbury 5PIITE BEMERTON COMMUNITY LIMITED REPORT OF THE TRu￿EE5 FOR THE YEAR ENDED 31 DECEMBER 2022 The trustees (who are a15L) directors of the charitable company for the purposes of company lawl present theli annual report, together wlth the independently examined flnancial stalements of the charltable cornpany for the year ended 31 December 2022 and conflrm that they comply wlth the Charities Acr 2011, the governlng document and the Charities SORP 2019 IFRS 1021. Legal and admlnlstrative information set out on page I form5 part of thls report. RucfuRE. GOVERNANCE AND MANAGEMENT Bemerton Communlty Limited was incorporated on 8 December 2009. The company Is reglstered with the Charity Cornmi5sion for England and Wales Ireglstration number 11368731. It Is incorporated and reglstered in England and Wales as a company Izmited by guarantee and not having a share capital (company number 070987711. The liobility of the members the event of a wSnding up is Ilmited by guarantee to an amount not exceedlng £10 per member. The charlty Is controlled by its 8overn4n8 d¢xument, a Deed of Trust. Recruitment and appointment of new trustees New trustees are recruited and appolnted by the existing trustees as and wherb vacancies arlse. No outside party tan appoint trustees. OBJEcfivES AND AcnvinES Char5table Objects The princlpal object5 of the charity, as set out In its Memorand¢Jm of Association. ar& to brin8 the St. John's Church in Lower Bèmerton back into use as a centre for the local community and to make sure it contlnues for the foreseeable future. Slgnifftant Actlvltles The construction phase of the project to convert the St. john's Church commenced in September 2015 and was completed In June 2016. Since May 2016 the charfity has been operating the thurch as St. john's Place providing an additional facility for the nearby Primary School and a popular venue for weddings, parties and a range of community sery1￿5 and events. The Chancel of the Church remains consecrated and is used for various relI￿OuS evènts Such as weddin8s, baptisms and funerals. Publlc Benefit The trustees confirm that they have complied with the duty in 517151 of the Charitie5 Act 2011 to have due regard to the Charity Commi55ion's guldance on public benefit, including'Publlc benefit-. reporting. IPB31. FINANCIAL REVIEW AND RESULTS FOR THE YEAR The results for the year and financial posltlon of the charlty are shown In the attached flnancial statements. Total Incomlng resource5 increased by 21% on the prevlous year from £58,772 to £71,138. There was a welcome £15,542 yearryon-year increase In booklng and weddlng fees, donation and grant income decreased by £3,210. Total outgolng resources decreased by 8% on previous year from £63,761 to £58,778 due to a reduction in the cost of wa8e5. The cash posltion at the end of the year was £78,61512021.. £50,218). Continued on page 3 BEMERTON COMMUNITY LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022 Contlnued from page 2 FINANCIAL REVIEW AND RESULTS FOR THE YEAR l¢ontinuedl Reserves Pollcy The tru5tee5 policy on the fundlng of reserve5 15 based on the Charlty Comrni551on document CC19 and therefore re¢ognises the need to hold reserves In order to deal wlth adverse changes in the levels of income and expendlturÈ In future years. The charlty's pollcy is to hold three to six months, running cost5 in reserves in the eventuality of the charlty losing a primary source of income or havin8 to c105e down completely. The requlred reserves equate to between ElO,ocKI and £20,000. At 31 Detember 2022 free reserves amounted to £69,399. Thls report has been prepareil In at¢ordante with the provisions of Part IS of the Companies Act 2LIJ6 relatin8 to small companie5. ON BEHALF OF THE BOARD OF TRUSTEES: J G MacKay- Trustee Date.. 5 2g)L3 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BEMERTON COMMUNITY IIMITED FOR THE YEAR ENDED 31 DECEMBER 2022 I report to the charity trustee5 on my examination of the accounts of the company for the year ended 31 December 2022 which are Set out on pages 5 to 15. Responslbllltles and basss of report As the charity trustees of the company land also Its directors for the purposes of company lawl yotj are responslble for the preparatlon of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act'l. Havin8 satisfied myself that the accounts of the company are not requlred to be audited under Part 16 of the 2006 Act and are eligible for indèpendent examination, I report in respect of my examination of yotsr company's accounts a5 carrled out under sectlon 145 of the Charitles Art 20111'the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under sectlon 1451511bl of the 2011 Act. Independent examlner's statement I have completed my examlnatlon. I confirm that no matters have come to my attention In connectlon with the examination 6iving me causè to believe that in any material respect.. l. accounting records were not kept in respect of the company as requlred by sectlon 386 of the 2C￿ Act; or 2. the accounts do not accord with those records,. or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Art other than any requlrement that the accounts @Ive a 'true and fair view, which is not a matter consldered as part of an independent examination,. or 4. the wccounts have not been prepared in accordance with the methods and princlples of the Statement of Recommended Prartice for accountlng and reporting by charities. I have no concerns and have come across no other matters in connertion with the examlnatlon to whlch attention should be drawn In thls repoit in order to enable a proper understanding of the accounts to be reached. Elllngh m BA FCA DChA Fawcett5 LLP Chartered Accountants Wlndover House St Ann Street Salisbury SPI 20R Date.. lo BEMERTON COMMUNITY LIMITED STATEMENT OF FINANaAL ACTIVITIES (INCLUDING INCOME & EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2022 Total 2022 Total 2021 Unrestri¢ted RestrScted Note INCOME FROM: Charltable artlvltles Fundralslng activities 46,555 46,555 31.013 Donatlons and legacles Donatlons, grants and legacles 15,047 24.547 27.757 Investments 36 36 Other TOTAL INCOME 61,638 9,500 71,138 58,772 EXPENDITURE ON: Charltable a¢tlvltles 45,925 12.853 58.778 63.761 TOTAL EXPENDITURE 45,925 12,853 58.778 63,761 INCOME I IEXPENDITUREI 15,713 13,3531 12,360 14,9891 Transfers between funds MOVEMENT IN FUNDS 15,713 13,3531 12,360 {4.989) RECONCILIATION OF FUNOS.. Total funds brought forward at l January 2022 199,344 430,083 629.427 634,416 TOTAL FUNDS CARRIEO FORWARD 215 057 426 730 629 427 Total recogni5ed galns and losses The charlty has no recognlsed gains or losses other than the surplu5 or deflelt for the current or previou5 year. Contlnuln8 operatlons None of the Charity's activities were acquired or discontlnued during the ¢UTrent or previou5 year. The notes forrn part of these financial statements. BEMERTON COMMUNITY LIMITED (REGISTERED NUMBER: 07098771) BALANCE SHEET 31 DECEMBER 2022 2022 2021 P4ote FIXED ASSETS". Tan8ible fixed assets 562,888 584,051 CURRENT ASSET&. Debtors Cash at bank and In hand io 4,001 78,615 50,218 TOTAL CURREMf ASSETS 82,616 54.164 LIABIUTIES Creditors: Amounts due wlthin one year li 13,7171 18.7881 NET CURRENT ASSEWS 78,899 45,376 TOTAL ASSEfs LESS CURRENT UABILMES 13 629 27 FUNDS Unrestricted funds: general Restricted funds 12 12 215.057 426.730 199,344 430,083 TOTAL CHARITY FUNDS 629 427 For the financial year in questlon the company was entltled to exemptlon under Sectlon 477 of the Companiès Art 2006 relatlng to small companies. No members have required the company to obtain an audit of its accounts for the year in question In accordance with Section 476 of the Companies Act 2006. The dire¢tor5 acknowledge thelr responsibility for Complying with the requirements of the Act wSth respect to accounting ￿CordS and for the preparation of ac¢ounl5. These acwunts have been prepared In accordance with the provision5 applicable to companles subject to the small companles, rew'me. The financlal statements were approved and authori5ed for Issue by the Board of Trustees on and were slgned on Its behaw by: J G MacKay- Trustee The notes form part of these financial statements. BEMERTON COMMUNITY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 I. ACCOUNTING POUCIES AccountSng conventlon Bemerton Communlty Limlted Is a company Ilmlted by guarantee, Incorporated and reglstered In England and Wales. The charity constitutes a public benefit entity as defined by FRS 102. The financlal statements have been prepared in accordance wlth kcountlng and Reporting by Charities.. Statement of RÈtommended Practice applicable to charities preparing their accounts in accordance with the Flnanclal Reportlng Standard appllcable in the United Kingdom and Republi¢ of Ireland IFRS 1021 (effective I January 20191- Icharities SORP 2019 IFRS 10211, the Charltles Act 2011 and the Companies Art 2006. The charlty does not meet the definition of a larger charity under the Charitie5 SORP and is therefore exempt from the requirement to prepare a cash flow statement. The financlal statements are prepared on a going concern basis. The flnanclal staternents are prepared In Sterling 1£) which is the functional currency of the charity. The slgnlficant ac¢ounting policies applied in the preparation of these financial statements are set out below. These policies hav@ been conslstently applied to all years presented unles5 Otherwise stated. The trustees have consldered the financial p051tion of the oigan15atlon and believe that It is currently a going ￿nCern. Fund accounting Unrestricted funds are avallable for use at the discretion of the trustees In furtherance of the general objectives of the d)arlty and which have not been deslgnated for other purposes. De518nated fund5 comprise unrestricted funds that have been set aslde by the trustees for partlcular purpose5. The alm and use of each designated fund Is set out in the notes to the financial statements. Restricted fund5 are funds which are to be used in accordan￿ wlth speufic restrictlons Imposed by donor5 or which have been raised by the charity for partlcular purpose5. The cost of ralslng 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 finantial statements. Income re¢ognltlon All Incomin8 resources are included In the Statement of Financial Activities ISOFAI when the charlty Is legally entitled to the Income after any performance conditlons have been met, the amount can be measured rellably and It Is probable that the income will be received. For donations to be recognised the charity w511 have been notified of the amount5 and the settlement date In wrlting. If thère are conditions attached to the donation and this require5 a level of perforrnance before entitlement can be obtained then Income is deferred until those condStSons are fully met or the fulfilment of those condition5 is wlthin the control of the charlty and it Is probable that they wlll be No amount is Included In the financial statements for volunteer tlme In line wlth the SORP IFRS 1021. Fixed asset gifts In kind are recognised when receivable and are included at fair value. They are not deferred over the life of the asset. Expendlture re¢o8nition All expenditure is accounted for on an accruals basis and has been classified under heading5 that aggregate all costs related to the category. Expenditure Is recognlsed where there Is a legal or constructlve obligation to make paymènt5 to third panies, it is probable that the settlement will be requlred and the amount of thè obligation can be measured reliably. The irrecoverable element of VAT is included withln the Item of expense to which It relates. BEMERTON COMMUNITh LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 I. ACCOUNTING POLICIES Icont5nued) Tan8lble fixed assets Expenditure on fixed asset515 capitallsed except for expenditure Incurred on the replacement of assets of low value with a short life. Repair, renovatlon and replacement expenditure is written off as expenditure In the Statement of Financlal Activities. The cost of ffixed assets is thebr purchase cost, together with anv incidental costs of acquisition. Depreciation Is provlded at the followin8 annual rates in order to wrlte off each asset over ils estlmated useful Ilfe. Long leasehold Fixtures, fittings and equipment - 2% and 5% on c05t - 20% on c05t Dèbtors Debtors are measured at thelr recoverable amounts. Credltors and provisions Creditor5 and provlslon5 are reco8nised where the charlty has a present obllgation resulting from a past event that will probably result the transfer of funds to a thlrd party and the amount due to settle the obligation can be measured or estlmated rellably. Credltors and provlsions are normalty recognlsed at Iheir Settlement amount after allowing for any trade discounts due. Pen51on costs The charity makes pension contribution5 to a defined contributlon pension scheme. the assels of whlch are held separately from those of the Charity in an independently administered fund. Contrlbutions to this scheme are charged to the Statement of Financlal Actlvltles as they become payable. Governmènt grants and Coronavlrus (COV1￿19) The charity has received support from the UK Government as part of a package of measures introduced to support organlsatio>ns during the coronavirus pandemic. Government grants are recognlsed in the financlal statements In the period in whl¢h they become receivable. DONATIONS AND LEGACIES Unrestricted fvnds 2022 Restrlrted funds 2022 Total funds 2022 Total funds 2021 Donatlons* 8rants and legacles George Herbert room furniture Friends of Bemerton Glft Aid Ilncludln8 HMRC Interest r￿efvableI General donatlons Community Fund grant Job Retention Scheme grant Wiltshire Council- Area Board grant COVID-19 Business Support grant 1,925 2,455 1,121 5,702 Z.449 1,095 9,003 1,095 9,003 9,5LK) 6,140 1.014 9.400 2,51XI 2.500 Total 15,047 9.500 24,547 27,757 BEMERTON COMMUNITY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 INCOME FROM INVESTMENTS All of the charlty's income from Investments arlses from Interest bearing deposit accounts. TAXATION The charity Is an exempt charlty wlthln the meaning of Schedule 3 of the Charitie5 Act 2011 and is considered 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 MANAGEMENT PERSONNEL REMUNERATION AND EXPENSES The iru5tee5 neither recelved nor walved any remuneration durlng the year12021.' £Nill. The charlty considers its key manaBement personnel Comprise the trustees. Key management personnel are not remunerated. The trustees dl(J not have any expenses reimbursed during the year12021.- £Nill- STAFF ￿T$ The average monthly number of employèes during the year was as follows: 2022 No. 2021 No. Administratlon 2022 2021 Wages Social Security Defined contribution pension costs 15.036 19,670 910 No employees received total employee benefits lexdudlng employer pension costs) of more than £60,00012021: Nonèl. NET INCOMING / I0￿GoING] RESOURCES Net incomlng I lout80ingl resources are state(J after Charging: 2022 2021 Depreclatlon- owned assets Independent examiner's fees 21,163 26.433 BEMERTON COMMUNifi LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 TOTAL RESOURCES EXPENDED 2022 2021 Charltable actlvltles Accountancy- Independent exarniner'5 fee Bemerton Llve professionals Cleanin8 Depreclatlon Long leasehold Flxtures, fittings and equlpmènt Equipment repairs and renewals Event costs General expenses Insuran Licences and subscrlptlons Llght and heat Ofnce expenses Wages and social 5ecuTItv Pension contrlbutlons Rate5 and water Telephone and internet Disposal proceeds Waste management 1,800 1.337 2.238 1,080 839 2.451 17,426 3,737 2.507 17.426 9,007 1,139 116 1,050 4.214 867 3.004 1.040 20.580 539 4,201 2,421 4,562 1,490 15,036 411 833 {1501 390 1611 773 236 58.778 63,761 Total resources expended 63,761 io BEMERTON COMMUNITY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 TANGIBLE FIXED ASSErs Flxtures, flttlngs & •qulpment Lons leasehold Totsl At l January 2022 657,006 45,082 702,088 At 51 December 2022 657,006 45,082 702,088 DEPRECIATION: At l January 2022 Charge for the year 85,517 17,426 32,520 3,737 118,037 21,163 At 31 December 2022 102,943 36,257 139,200 NET BOOK VALUE: At JI December 2022 554,063 8.825 562,888 At 31 December 2021 571,489 12.562 $84,051 10. DEBfoRS 2022 2021 Gift Ald claim HMRC Interest receivable Prepayments 1.091 1.121 2,906 2.825 ii. CREDITORS.. AMOUPITS FALLIN6 DUE WITHIN ONE YEAR 2022 2021 Trade creditors Hire deposlts Social securlty and other taxes Ac¢ruals- Independent examlner's fee Deferred Sncome- Weddlng hire 3.800 68 1.080 3,840 1,800 27S li BEMERTON COMMUNITY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER Z022 12. MOvEMEp￿ OF FUNDS Balance at 0110112022 Incorning re50urce5 Outyoing resour￿5 Balance at 3111212022 Transfws Unrestrlcted fvnd5 General free reserves Unrestricted fixed assets 45,376 153.968 199,344 61,638 137.6151 18,3101 145,9251 69,399 145,658 215,057 61,638 Re5trkted funds Converslon of St. John's Church Communlty Fund George Herbert room furniture 430,083 112.8531 417,230 9,500 9,500 430,083 9.500 112.8531 426,730 Total fund5 629 427 641 787 Compc¢rotlve bolonctsfor the year eftded31 December2021.. Balance at 0110112021 Incomln8 urces O￿l01m# resource5 Transfers Bal?nce at 3111212021 Unrèstrlcted funds General free reserves Unrestricted fixed a55et5 30,997 160,483 191480 51,707 3.645 55.352 137,3281 113,5801 150,9081 45,376 153,968 199,344 3.420 3,420 Restritted funds Conversion of St. John's Church Black-out blind5 Geor8e Herbert room furnlture 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 fvnds 634 416 629 427 12 BEMERTON COMMUNifi LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 11 MOVEMENT OF FUNDS Icontlnued} UNREsfRicfED FUNDS: General This represents funds whlch have been a¢¢umulated for the general purposes of the charity. Unrestritted fixed assets This represents unrestrl¢ted fund5 held as fixed assets and are not readlly avallable. RESTRICTED FUNDS: Comièrsion of St. John'5 Church Thls represents restrirted fvnd5 held as fixed assets and are not readily available. Community Fund Thls represents a grant re¢ewed from the National Lottery Community Fund to enable the training o* volunteers at St John's Place, Bemerton. A Volunteer Co-ordlnator was appointed In early 2023. Georgé Herbert room fumiturè This represent5 donations recelved for the purchase of speclflc Items of furniture. A transfer from thls fijnd took place in the prlor year in recognition of the satisfaction of the original restrictlons. Black-out bllnds This represents a grant received for the Installation of black-out blinds In St John's Church. A transfer from thls fvnd took place In the prlor year in recognition of the satisfaction of the original restriction. 13. ALiOCATION OF THE CHARITY NET ASSETS The net assets are held for the varlous fund5 as follows.. Fixed Assets Net Current Assets Lon8-t¢rm Liabilities Total Unrestrlcted funds.. general Restrlcted funds 145.658 417,230 69,399 9,500 215,057 426,730 Total 562 888 Prlor yeor net Q55ets heldfvr the vt7riousfvnds were osfollows.. Fixed Assets Net Current Lon8-term Assets Llabllltles T￿31 Unrèstri¢ted funds: general Restricted funds 153,968 430,083 45,376 199344 430,083 Totsl 584 051 629 427 13 BEMERTON COMMUNITY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 STATUS OF COMPANY The company Is a reglstered charity limited by guarantee. The Ilablllty of the members In the went of a wlnding upls Ilmlted by guarantee to an amount not exceedlng £10 per member. IS. RELATED PARTY TRANSACTIONS There a￿ no related party tran5aCtlons durlng the year12021: None). 14 BEMERTON COMMUNITY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 16. PRIOR YEAR COMPARATIVE STATEMEKf OF FINANCIAL ACTNMES Total 2021 Unrestricted Restricted Note INCOME FROM: Charltable activities Fundralslng actlvltles 31.013 31,013 Donatlon5 and le8acle5 Donations and 8rants 24,337 3.420 27,757 Investments Other TOTAL INCOME 55.352 3,420 58,772 EXPENDITUREON: Charltsble artivitles 50,908 12,853 63,761 TOTAL EXPENDtruRE 50,908 12,853 63,761 NEf ExPEND￿VRE 4,444 19,4331 14.9891 Transfers between funds 3.420 13,4201 MOVEMENT IN FUNDS 7,864 112,8531 14.9891 RECONCILIATION OF FUNDS". Total funds brought forward at l January 2021 191,480 442,936 634,416 TOTAL FUNDS CARRIED FORWARD at 31 De￿mber 2021 629 430 083 ￿27 15 BEMERTON COMMUNITY LIMITED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2022 202Z 2021 Income: Donations Grants Grants-job Retention Scheme Grat)ts- COVID-19 Busine55 Support Total Donatlons & Grants 12.547 9,5 11,203 1,014 6,140 2.500 24.S47 27,757 Booklng fees Community Events School fee5 Wedding fees Mlscellaneous Total Fund Ra15in8 Actlv5tles 16071 6.659 ,ioo 10,725 9,484 2,179 13,000 6,350 46,555 31,013 other Income: Deposit account interest 36 71,138 58,772 Expendlture.. Accountancy- Independent examlner's fee Bemèrton Live professionals Cleaning Equipment repalrs and renewa15 Event costs General expenses Insuran Licences and subscrfptions Light and heat Officè expenses Wages and social security Pension contributions Rates and water Telephone and internet Disposal proceeds Waste management 1.800 1.337 2.238 507 1,080 839 2,451 1,139 116 1.050 4.214 867 3,004 1,040 20,580 539 4,201 2A21 4,562 IA90 15.036 411 833 11501 390 1611 773 236 37,615 37,328 33,523 21.444 Depredatlon: Long leasehold Flxture, fittings and equlpment 17A26 3,737 17,426 9,007 21,163 26,433 NET SURPLUS I (DEFICIT) This page does not form part of the statutory financial statements. 16 **20[th] June 2023** **Bemerton Community Ltd – Treasurer’s report 2022** 2022 mercifully saw the end of Covid restrictions, and we were able progressively to move back to full time operations. In 2021 the government offered substantial support by way of grants and furlough payments which kept our finances in good order. We received a little extra covid support in 2022, which together with an excellent operating result saw our year end finances stronger than ever before. In 2022: - The school remained our core and indeed key user, and kindly they kept paying throughout the lockdowns. - Weddings + receptions picked up by 69% @10.7k, & ditto Booking Fees up 99% @18.9k. - Donations & Gift aid were steady, whilst Grants fell for obvious reasons albeit we received 9.5k for Volunteer co-ordination, which we started spending in Feb23. Overall revenues rose 21% to 71k (59k). Overall expenses remained under tight control and were steady at 38k (37k), in good part thanks to term contracts for Gas & Electricity which terminated in spring 2023. Operating result was thus 33.5k (21.4k), which post depreciation @ 21.1k (26.4k) gave a P&L of 12.4k (-5k). The main Capex program was, to all intents and purposes, concluded in 2021, which does not exclude further Capex on an ad hoc basis in the future. The single most important number is that of Free Cash which rose by £25k to £66,748 (£44,441). So, we ended the year stronger than ever. Key numbers calendar 2022. (Accrual, not cash basis): |Revenue|**2022**|**2021**|| |---|---|---|---| |School|13,100|13,000|| |Weddings|10,725|6,350|| |Community events|3,880|2,179|G Herbert, M Hist, Bem Live / Talks| |Booking fees
|18,850|9,484|Hirings| |Interest|36|2|| |Total
|46,591|31,015|| |Donations, grants etc.|||| |Donations|11,453|11,203|Friends, G Aid, Open Gdns,| |Gift Aid|1,124|1,014|| |Grants – Job retention scheme||6,140|| |Grants – Covid business support|2,500|9,400|| |Grants – Volunteer co-ordination|9,500||| |Total|24,547|27,757|| |Total income|71,138|58,772|| |Expenses|||| |Payroll|15,036|20,580|| |Insurance|4,201|4,214|| |Utilities|4,562|3,004|Gas, elec| |Community events|1,337|955|B live, etc| |Admin costs|7,083|4,810|Audit, office etc, phones, licenses,| |Building costs|5,396|3,765|Clean, Alarms, water n waste, repairs| |Total|37,615|37,328|| |Operating result|33,523|21,444|| |Depreciation|21,163|26,433|| |P&L|12,360|-4,989|| |Cash – gross|78,615|50,218|| |Advance payments|1,075|7,640|| |Capital commitments|0|0|| |3rdparty cash|10,792|1,136|| |Cash – net|66,748|41,441|| Nick Saint Treasurer