**REGISTERED COMPANY NUMBER: 07452865 (England and Wales) REGISTERED CHARITY NUMBER: 1139957** 

## **REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 FOR WITHAM PUBLIC HALL TRUST LIMITED** 

Baverstocks Chartered Accountants Dickens House Guithavon Street Witham Essex CM8 1BJ 



FT
P3ge
Reportof theTrustee5
Ito5
Independent Exarniner's Report
Statementof FinancialActivitie5
Balance Sheet
8tc>9
Notestothe Financial Statements
IOto13

Thetrusteeswho are also directors of the charity forthe purposes of theCornpaniesAct 2tK)6. present their rekkjrt wth the
financtal statements of the charity for the year ended 30June2022. The trustees have adopted the provisions of the
Statement of Recornmended Practice- Accounting and Reportin8 by Charities weparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland IFR51021 issued on 16July 2014 in preparSng
the annual report and financial statetnents of the Charity.
REFERENCEAND ADMINISTRATIVE DETAILS
REgistered Company number
07452865 (England and Wale51
Reglstered Charltynumber
1139957
Re￿stered offlce
The Public Hall
Collingwood Road
With3m
Essex
CM8 2DY
Trustees
S P Adkins
Tcole
B J Fleet
G Green
TDrury
JLee
D Beardwell
Directorlchalrman of the Board)
Director
Director
Director
Director
Director
Director
Independentexamlner
Baverstocks
Chartered Certlfied Accountants
Dickens House
G(Èithavon St￿t
Withatn
Essex
CM8 IBJ
Bankers
Co-operatlve Bank
Website
WWW.W4thampublichall.co.uk
Pag¢ I

STRucfuRE, GOVERNANCE AND MANAGEME
Hlstory and constitution
Discu951on5 between eraintree Dlstricl Council and representativesof Witham Amateuroperatic Sociely,Wltham Operatic
Workshop and Witham Dramatic Club began late 2008 when it was first mooted that, In line with the Braintree Distrlct
co￿ncIl long term plan, the running of Witham Public Hall and other Halls owned by Braintree Distrlct Council could be
outsourced to groups of interested p2rtie% A% a re5uIt, a small groupwas pitt together representin8 four of the major users
ol the Hall under the namewithaffl Theatre Association. In 2010 this becarne Witham Publlc Hall Trust Limited in order lo
reflect a morelncluslveandcommunity-wideapproach. Follownga period ofconsultation and theas515tanceof Paulconway
of Conway, Fieldlng 3nd Gough laccount3ntsl and Chris Haywood of Bright 2nd sons Isolicitorsl, a company Ilmited by
guarantee (Company Registration No. 74528651 was incorpDrated in England on 29 November 2010 to facilitate the
t3keover of the day-to-day management of the Hall on a not-for-profÉt basis. The Companywas registered with the Charity
Comrnission on 20 January 2011 (Charity Registration No. 1139957).
A Business Plan was prepared and after Much discussion was submitted and at4)roved by Bralntree Distrlct Courtll. Since
Witham Publlc Hall Trust Lirnlted, Uftder the management of Braintree Distrlcl Councll. had operating costs eKceeding
revenL¢es by approximately £20,000 It w25 forecast within the Business Plan that the Trustees wnuld need three years to
turn around the losses and achieve sustainabilityon an operating basis. However. it was also agreed that a truly sustairnable
buSin￿S would need to have adequate reserves for unexpected eventualities and that Witham Public Hall Trust Llmited
would not be in a position to set aside such reserves for many years. Discussions with Braintree District Council conti￿Ljed
throughout 2Qll until 3 Lease Agreement, grantlngwitham Public Hall Trust Ltd a 25 year lease to run Wltham Public Hall.
was signed on 16 September 2011.
A bank account was set up under the name Witham Publ1¢ Hall Trust Llmited and c(vnpany incorporation costs and
miscellaneous other pre-trading expenses were met by donatlons from Witham Ainateur Oper2tlc Society and With3m
Dramatic Club. Those donatlons were subsequentlycommuted into membershipfees for the first year of trading. Braintree
District Council granted Witham Public Hall Trust Limltth the sum of £11,5(X) toward5 Utilities expenses in its first year and
togetherwith the licencefee from the Citizens Advice Bureau. which occuplesseveral rooms in the buildings adlacenttothe
Main Hall. thi5 served as working capital Irorn Witham Public Hall Trust Limited. A further £3,(XO was granted to Wltham
Public HallTrust knmitedtowardsslart-up¢ostsand thiswas allspenton ITequipment.websiledevelopment.51atio¢)ery, and
marketin&
Formal tradlng of Witham Publlc Hall Trust Limited began on 16 September 2011 and Witham Public Hall Trust Limited
booked all costs and reveF)ues 8gsociated wth running Wltham Public Hall fr(>m that date. An ernployrnenl contract W3S
agreed with the c3relaker and PAYE 3nd National Insuran￿ details were duly registered wlth HMRC. All commercÉal
contracts for utilities and other services delivered lo Witham Publlc H211 were transferred to Witham Publlc Hall Trust
Lirnited and every user tsf the hall wascontacted about the change of management.
Hire fees to users of the hall were all scrutinised and the large variation in hirlng rates whSch had evolved in the past was
ralionalised sr)Ihattheywereboth fairalld competitive.Wherethemovetoa newrale represented a blgpercentageincre85e
for the hirer a tr8n511ional rate was usually agreed in order to make the change to the new rate easier to manage. No hirers
felt the need to cancel their bookin￿ and the overall effect of ralionalisin8 hire fees and gaining new hirers led to a 40Yo
increase in revenues from hiring in the first year. A rnembership scheme was &tablished in the first year and those regular
usersof the hall who pay a tnembershipfee beneflt Irorn a rnorefavourable rat
In 2012113 a sum of £8,0(X) WAS donated by Braintree District Councll stEcilically for creation of a new bar. Some
additional investment, in excess of £l,(K)O, was made by Witham Public Hall Trust Limited to complete the bar to 2 high
Standard, includingnewfridges, ti1l%optitsandotheracces￿rleS.subsequentIyth￿TrUsthaS received agranlfromthe Essex
Community Initiative Fund as well as Snterest free loans from Wilham Amateur Operatic Society to enable the Trust to
replace 311 the seating. In the last two financial years1201912020 and 2020120211, the Trust received grants from Essex
County Council in respect of the impactofcovid on hostxt31ityvenue&Theseweresufficientto keepthe Public Hallopenfor
the National Blood Transluslon Servl¢eand thosefewevents Ihatrestrictions 311owed. Tradinglsludged to havegone back
to normal in 2022123.
Recrultment and appolntmentof new trustees
The Charlty's Trustees are appointed at a meeting of the Board of Trustees following a selection process and
recommendation by an existing Trustee. The Board requlres breadth and depth of experience to carry out its duties
effectively. When recruitin8 new Trustees, the Board lakes into consideration ell8ibility, peryonal competence, speclallst
ski11sof kn0￿edgea[KI local availabillty.
Page 2

STRUCTURE, GOVERNANCEAND MANAGEMEMr
Organlsational Structure
TheTru5tees fflainlain overall reSwns￿brliIyf0r the charity and it5asset& DuringtheyegrtheTrusteesdetermined the wlicy
ol the charitywith regards to hirin8 the hall and promoting events. They as51Sted in the management of the charity via the
operation of the Main Board aswell asprovided direct helpto the Management Team * volunteers. rnainlyas Frontof House
and BaiA5515taiits duringpromoted event5.
Durin8 the year the day-to-day management of the Hall was delegated lo the Hall Manager. Ni8el Northfield. Events are
managed bya sub-committee headed byTrevor Drury.
Rlsk Mana8ement
The Trustees have assessed the major risks lo which the charity is exposed, its p2rticul2r those relatin8 to the speclfic
operatlonal area5 of the charity and its linance% The trustees belleve that by monltoring cash reserves and hire bookings
versus anticipated expenditure the keyfinatKial risks can be controlled. However, exposure to the Citizens'Advice'5 abillty
to reieive funding (citizens, Advice is a ma5or contributor to Witham Public Hall Trust Limited revenues since it licences
several roorns under Witham Public Hall Trust Ltmited controll is outside the tr(￿tee5, cc*ntrol. To establish an adequate
capit31 reserve for repairs, redecoration, and Linforeseen busir)ess risks. £18,QMX)was allocated to reserves at the end ol the
firstyear of tradingand an additional £4,000 ha5 be￿ addeil to reserveseach year. Until year-end 2020thesereserveswere
app￿ at approximately£40,(M)O and were matched by cash at bank. As 3 result of Covid and the rapidity with which plans
for prornoted events andolher income-generatingactivitiescan be cancelled the board declded in 2020121 to add thecovid
8rant of É25,mO Ifrom BDCI to reserves, taklng total reserv￿ lo £75,607. However, tradlng h8d almost gone batk to
normal in 2021122 and very much 50 in 2022123. so E5(X)O of the Covid 8rallt had been released in 2021122 to the income
account, reducing reservesto £70,607, as they ￿main in 2022123.
An additlonal rlsk Is de[￿ndence on volLJnteers and staff for key lasks.The Trust has been lucky to find two caretakers who
nowsharethe IDadand providecoverforeachotherduringholidaysand illness, althoughwecontinuetolookforan additional
caretaker as thedemand for theWPH increases.Theworkof findingadditionalvolunteersto spread theworkload of barand
front of housework is on8oin8 but this remains ch3llen&ng. For the avoidance of doubt, It must be stressed that the bar
generates most of thefinancial surpluslbeforeallocation to reserves) made byWPHTand that5urplusW￿1d disappearif bar
and frontof housevolunleerswere replaced with staff pald even the minirnumwage.
One more risk has become apparent sincethe13test yearend. thede￿ndence of Ihe Tru5ton Its landloTd, Braint￿ Dlstrlct
Council, for repairg to the fabric ol the building including the gas boilers. Normal inspection and maintenance has been
sufficient until nowto keep the fabric of the building structurally sound. Hciwever.f3ilure of both g3s boilers durin8 the year
and Ihediscoverythatthese boilers and its key replace3blepartS are no lorEermanufactured posed achallengeto the normal
operatton of theTrusl during thewinter months. The Trust understands that BDC has a policy ol obtaining three quotes for
all work undertaken by outside contractor5 but this lengthy process 15 at odds with the Trust'5 need to repair things quickly
f itlgto maintain norn)al servitefor hlrers and other payingcu5tomers.Thls has become even moreobvious followingwater
ingressfrom the roof into Commlttee Room I, renderingthe room almost unusable and therefore cornprornising the Trusvs
abllity to offer the facillties for whlch hirers have already paid. WPHT is in Snforrnal talks with BDC to re501ve th2se Issues
and fiThl 3 more ra￿d reS￿nSe to problemsforwhich the regponsibilitylieswith Braintree District cou￿11.
OBJECTIVESANDACTIVITIES
ObJective5 and Actlvltles
The prlnclpal objects of Wilham Public H311 Trust Limited, as set out in the Constitution. are to prov¢de and maintain the
public hall for the useof the inhabitants of Witharn and the surrounding area but e5peci311yfor
S. meetings, lecture5and cla55es with a particular preleresKe for the perlortnlng arts, and
11. other forms of recreatlon and leisure-time occupation. with the object of Improving the conditions of life for the
inhabitants.
In addition.Witharn Public H211 Trust Limited had p13nned the promotion of several eventsduring the yearto 30June 2023,
coverin8a range of tastes and activitieg includingdances, toncerts. professional theatre, and celebrity appearances. year.
Page 3

ACHIEVEMENT AND PERFORMANCE
A Reviewof KeyTargets for 2022123
TheTru5t's main busir)essgoalsfor 2022123were toflnd the best balance between risk and return on its many Events while
continuing lo offera successful pertormance venuefor the many performlngarls groups that usethe hall eachyear.
The main sources ol incomefi)r WPHT are usuallyhlrefees, rental incomefrom CAB and ttrr surplus from promoted event&
which include bar profits. Th[sy￿rtheywere'.
Hlrefee5 at £53,1951£33,9471, 2 record year whichdid include significant hirefee5 from promoters hiring the hall fortheir
own bands and comedy acts.
Cltlzens, Advice rental at £12,300, reflecting the inclusion on onequarler's ￿ldItIonal fee from a renegotiated license that
is nowworth £13,200 p3.
Event revenues at £31,682downfromÉ42,918 l&tyear but rellectinga deliberateshifl in the mixof events awayfromself-
prorwled events, for which WPHT took full financial risk lie. if tlcket sale5 were poor we Still had the artist fees to payl to
m0511y no-risk hires. This shift has meant that hall hire fees havegone up but ticket sales that WPHT books as revenue have
gonedown. The nel effect has been positlveforWPHT's surplus.
Barsale5 were É45,7291£26.58313t re¢ord levels rnostlyreflectingthe 5vcces50f the manyevents at the hall bit als
to someextent. the successof the Real Ale and Gln Festival.
Together with membership fees and interest received, total income was É146.9641£122,5931. surpassing prevlous years,
thusallowin8forasurplus of £23, 3611É14,90cII.Trusteesdecided th3t noadditional provisiorkforreserveswas needed glven
the strong balan￿sheet backed up by¢*h of £139.4CM).
Page 4

FiJfuRE PLANS
KeyTargets for 2023124
The current year has already confronted Trustees with some newch311enges. The gas boiler problems and the leaking roof
Isee Risk Management, last paragraph) has meant Trustees need to find away of workingwith its landlord, Braintree. District
Council,thal makesresponsetimesforfixingthing5,forwhich BDC has sole responsibilily,competitivewith privalebusiness.
Having said that Trustees are comrnitted to improvin8 the facilities over which they have control and have planning
permlssic>n to provide air cc*ndilioning in the Main H311. Thls facility will also have heating functlonality that may provide a
short-term solution in the event of a boller failure. However, the main function of the air conditioning sy5tern wlll be to
m8int2in comft)rtable temperatures for ourcustomers in the summertime when full houses and oppressive heat outside has
made condltlons in the Main Hall distinctly unpleasant. TrLJStees are convinced that this will encourage more customers to
enjoy the programmeof eventswe offer and to improvecustomer loyalty Ihroughout theyear.
The other main challenge in 2023124 is to work through a sustainability plan that devolve5 rnore responsibility for key
ailministrative activities Ilinancial, booking% event manageTnent. tecl)nical, facilities management elcl to small teams, thus
reducing dependenceon the Hall Maiiager and individual volunteers.
2023124shoulda150seeamalor slagerlgginginspection thatincludesstrLJCtur31 englneering,thus makingsurethatthesta8e
remainsfitfor purpD5e lor theforeseeable future.
Tradingforthe flrsthalf of theyear hasdevelopedwell sofarwith the RealAle and Gln Festival Én September 2023 achieving
8 record surplus of over £60(K>. Events have also been generally well attended and well recelved and for the most part
contributing surplu5e5. I￿ the absence of unforeseen circumstances the Trust anticipates an operating surplus for the year
similar tL¥that of 2022123.
Approved byorderof the board oftrustees on.!l.I Zlnd ggned on its behalf by..
S P Adkins- Trustee
Page 5

I rerx)rt tothetrusteesorb rnYexarninati￿ of theaccountsoftheComp*yfor theyearended Xljune 2021
Respedive re5wnslbllltSes and basisof rep)rt
As thecharity's tru5tee50f the Company Iwhoarealsothedifectorsof thecornp3nyforthe syjrr￿ses of cornpany lawl, you
are responsible forthe kyeparat1on0fthe￿(tyjnts1n %c<*darfewith requirements0ft￿ CornpaniesAct 2(X)61'the
2(K)6Act'J.
Havingsat15fieJ mysdfthattheaccountsofthecomwya￿n0t required to be audited forthisyearunder Part 16of the
2(K)6Act and are eligiblefor independent examination. I retK)rt in resmof Myexaminati￿ of yourcharity's accotjnts as
carried ovt uThJer section 145 of the CharitiesAct 2011 rthe X>ll Actl. In carrying¢JJt myexamination, I have followed
the Directions given bythe Charitycomrnission lurnlersertion 1451511bl of 2011 Act.
Independent e¥aminer'55tateI￿t
I have Corn￿eted myexamination. I confirm thatno material rnattershaveconE to myattention %thICh￿veS me cause to
believe that..
accoynting reccffds were not kept in xcOrdan￿WthsectIOn 386of t￿coMpanieS Act 2C(hS' or
the accounts do not ￿Cord WithS(￿h record5: or
the accounts do notcomplywth relevant ￿cOUntIngreq￿lreMeTrtsunder5ectlon 396of theCornpaniesAct 2006
other than anyreouirement thatthe acC￿nts81Vea.true3ndfair.￿ewVknich is not a matterconsidered as part of
an inderEndent exarnination- or
the xcounts have not been prepar￿1 in xcordarKewth theCh¥ities SORP IFR51021.
I have noconcerns and havecome acrossnoother mèttetsin con￿tion withthe examination towhichattention should be
drawn in this rerA)rt in orderto enable a prOr￿f understandingof the￿C￿nt$tO be reKhed.
Steven Collins FCCA
Baverstocks
Chartered Certified kcountants
Dicken5 House
Guithavon Street
Witham
Essex
CM8 IBJ
Date.. I
Page 6

2023
Unrestricted
fund
2022
Total funds
Notes
INCOME
Incoming resource5from generated funds
Grants and Donations
Activitles forgener3tSngfunds
Inve5ttnent income
53.460
91,962
d091
115,998
504
Total lrtcomihg resourtos
146.964
122,593
EXPENDITURE
Charltable actlvltles
other resources expended
27.004
96,599
36.IXK)
71.693
Total resour￿5 expended
123,603
107.693
NET INCOME
23.361
14,9(K)
RECONCILIATION OF FUNDS
Totalfunds broughtforward
66,556
51,656
TOTAL FUNDSCARRIED FORWARD
The notes foym part of these finanoial statements
Page 7

2023
UrErestricled
fund
2022
Total funds
Note5
FIXEDASSETS
Tangible assets
16.620
24,1
CURRENT ASSETS
Stocks
Debtor5
Cash at bank and in hand
4.638
6.738
139.4
3,993
6,384
107.381
150,776
117,758
CREDITORS
Amountsfalllngduewithin one year
io
148721
14.7281
NETCURRENT ASSETS
TOTALASSETS LESSCURRENT LIABILITIES
160.524
137,163
CREDITORS
Amountsfalling due after more than oneyear
li
170,6071
170,6071
NET ASSETS
89,917
FUNDS
Unrestricted funds
R￿tricted funds
Endowment funds
12
89,917
66.556
TOTAL FUND5
89.917
66.556
The notes forni part of these financial statements
Page 8
continued...

The charitablecompanywas entitled to exernptionfrorn auditunderSection477of theCompaniesAct 2006 relatingtosmall
companies.
The members have not required thecharitable companytoobtain an audit in accordancewith Section 476of theCompanie5
Act 2006.
The truste￿ acknowledge their restK)nsibilities for
en5UTSng that the charitable company keep5 accounting records that comply with Section5 386 and 387 of the
Companles Act 21X)6 and
preparin8financial statements which give a true and fairvlew of the slate of affairs of the charitable company a5 at
the end of each finarFElal year and of its surplusordelicitforeach financial year in accOrdan￿with the requiretneAts
of Sections 394 and 395 and which otherwlse comrAy with the requlrements of the Cornpanles Act 2006 relatlng to
financial statements, so fèr as applicable to thech3ritablecomp3ny.
Ibl
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act
2(X)6 relatingtosmall charitablecompanies and with FRS102 SORP.
Thelinancial staternentswere aptyoved bythe Board ofTrustees w...
and weresi8ned on ils behalf by..
S P Adkins-Trustee
The notes forn) part of these financial slateinents
Page 9

ACCOUNTING POLICIES
Basls gf a¢¢ountlng
Theseaccounts have beeT) prepared underthehistorical costconvention with Item$￿£0gn15ed atC05tortransaction
valueunle55 Otherwise Stated in the relevant notes to these accounts.
The accounts have been prép3red in accordance with the Statement of Recommendeil Practictr. Accounting and
Reporting by Charities preparlng their accounts in accordance with the Financial Rerx)rtin8 Standard applicable in
the UK 2nd Republicof Ireland IFRS 1021 issued on 16July2014.
Income
Recognised of incoming resources are irtluded in the Statement of Financial Activille5 (SOFA) when-
i. The charity becomesentitled tothe resources
ii.The trustees are virtuallycertain theywill receive the resources,. and
Ill. The rnonelaryvaluecan be rnea5ured with sulliciernt reliably
Grants and donationsare only included in the SoFAwhen the charityhas unconditional entltlementtothe resourcès.
Expendlture and Ilabilltles
Support costs Include central functions 2nd havebeen allocated to activity costcategorieson a ba515 consistent with
theu5e of resources.es.allocating propertycosts byfloor area$,or[￿r capital,staff costsbythetimespent and other
cost5 by their usage. Where the charitY8ives a grant with conditions for Its payment belng a specific level of service
to be provided. suchgrènts are onlyrecognised inthe soFAOn￿the recitxentof thegrant hasprovided thespecifled
service.
TanglblefSxed assets for use by charlty
These are capitalised if theycan be used for more than one year. and the cost at least £5(XX They are valued at c￿t
or, ifglftÈd. at Ihevalue to the charlty on receipt.
Depreclation is provided at an annual rate oif 10-3VAStralght line in order to writeoff each asset over ils estimated
useful life.
Stocks
Stocks are valued at the lower of c051 and net realisable value, after making due allowance for ob501ete and slow
moving item&
TaKatlon
The charity isexempt from corporation tax on Itscharitable actlvltles.
Fund a¢counting
Unrestrlcted funds can be used In accordance withthe charltable objectives atthedlscretionof thetru51ees.
Restricted fund5 can only be used for particular restricted purposes within the objects of the charity. Restrictions
arise when specified bythe donoror whenfunds are raised for particular restricted purpose5.
Furthereyplanation of the natureand purposeof eachfund is included in the notes to thefinancial statement
GRANTSAND DONATIONS
2023
2022
Sponsorshipand Donat10115
1,416
1.091
Grants recetved, included in the above, are a5follows:
2023
2022
Essex Countycouncil BuslnessAdaptation Grants
Page 11

ACTIVITIES FOR GENERATING FUNDS
2023
2022
Events income
CAB Rent
Hiringincome
Bar sales
Member5hlp Fees
31,582
12,300
53,195
45,729
1.200
42.918
12,(K)O
33,947
26,583
550
144,006
115.998
INVESTMENTINCOME
2023
2022
Bank itsterest recelved
504
CHARITABLEAcfiviTIES
2023
2022
openi￿gstock
Bar cost5
Promoted Events Costs
Closin8 Stock
3,993
25,587
2,062
2.918
19.234
17,841
3,9931
27,(M)4
36.OQK)
NET INCOMINGIIOWGOINGI RESOURCES
Net rescwrcesare stated aftercharglngll¢redltingl'.
2023
2022
Depreciatlon- owned assets
9.056
TrUSTEES' REMUNEFiATION AND BENEFITS
2023
2022
Trustee5' remuneration
2.4CKI
Tru5tees' expenses
Therewere notrustees, expen￿ paid for theyearended 30June2023 norfor the year ended 30June2022.
Page 11

TANGIBLE FIXEDASSETS
Fixtures and
Fittings
COST
At lJuly2022
Additions
Disposal
78.112
2,1(M)
AI 30June2023
80,212
DEPRECIATION
At lJuly2022
Chargefor year
Disposal
53,979
9.613
At 30June2023
NET BOOKVALUE
At 30June2023
16,620
At 30June2022
DEBTORS: AMOUNTS FALLING DUEWITHIN ONE YEAR
2023
2022
Trade Debtors
Prepaymentsand Accrued Income
3,738
3,384
io.
CREDITORS:AMOUNTS FALLING LWEWITHIN ONE YEAR
2023
2022
Trade Credltors
Social Security and Other Taxes
Othef Creditors
1.240
142
708
4,728
ii.
CREDITORS:AMOUNTS FALLING DUEAFTER MORETHAN ONE YEAR
2023
2022
Coronavirus Grant
Sinking Fund
General Repairs Fund
23.0
47,607
23,0
47,607
70,607
Page 12

12.
MOVEMENTIN FUNDS
Net movement
in funds
At 1.7.22
At 30.&23
Unrestrlctedfunds
General fund
66,556
23,361
89,917
TOTAL FUNDS
66,556
23,361
89,917
Net movement infunds, included in the above are a5follow5'.
IrKomin8
resources
Resources
expended
Movement in
funds
Unrestrlcted funds
General flind
145,422
1123.6031
23,361
TOTAL FUNDS
145 422
1123,6031
23.361
ULTIMATE CONTROLLING PARTY
Thecompany is IFmited by guarantee a￿1 thereftire has no 5harecapital.The liability c>f esch member is restrlcted to
a maxlmum of ÉL
Page 13

TE
EN
FIN
2023
2022
INCOME
Grants and Donatlons
Sponsorship and Donations
Grants
1.416
1,091
Actlvltles forgeneratlngfunds
Events Income
CA8 Rent
Hall Hirin8 income
Barsales
Membership Fees
31,582
12.3(K)
53,195
45,729
42,918
12,000
33,947
26,583
550
145.422
122,089
Investment income
Bank interest received
504
Total In￿rne
146,964
122,593
EXPENDITURE
Charltableactlvities
Opetbingstoik
Bar C￿tS
Proffloted Events C<￿t$
Closin8Stock
3.993
25,587
2,062
1918
19,234
17,841
13.9931
27,004
3&IXK)
Other resources expended
Salaries and casLJal Labour
Trustees, remuneration
Selling and marketing costs
Rent, rateg and Insurance
Repair%and Renewals
Llght and Heat
Telephone, postage &stationery
Legal and Professional f22S
Cleaning
Travelling
Sundryexpenses
Bank charge5and interest
Bad Debt
Depn of Fixtures & Fittlngs
ProfitlLoss on Disposal of FSxture5 & Fittings
25,950
7(X)
16,110
6,536
11.613
20.422
1,808
521
2,571
22.214
2,400
10,728
4,446
9,476
7.957
2,147
801
1,809
103
577
75
9,613
91
488
80
9.056
599
Total resOUr￿expended
123,603
107,693
Net Inwme
23.361
This page does Jiot foiin part of the s121utory finoncial statements
Page 14