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2021-07-31-accounts

Howden le Wear Village Hall Society Accounts for the year ending 31/07/2021 (31/07/2020)

Income
Room Hire
Unrestricted Grants
Restricted Grants Village Flowers and lights
Total
Expenditure
Gas
Electric

Water
Communications
Property improvements/Maintenance
Insurance/Legal
Village Flower Displays and Christmas Lights
Sundries
Total
Bank Account Reconciliation 01/08/21
Cash in Hand 01/08/20
Bank 01/08/20
Income
Expenditure
Bank 31/07/21
Cash in Hand 31/07/21
Represented By
Restricted Funds
Defibrillator 1/8/20 1269.18
Less Pad Replacement 103.08
Less Electricity charge (Transfer) 15.00
Unrestricted Funds

Total Funds 31/7/2021
2188.00 (5438)
20237.71 (10000)
842.04
23267.75 (15438)
2182.35 (2085)
469.92 (484)
165.27 (261)
439.49 (437)
5639.04 (4375)
646.70 (696)
1030.00
27.98 (100)
10600.75(8482)
94.90
20111.27
23267.75
10600.75
32539.25
333.92
1151.10
31682.07
32873.17

Signed

David Kidd Hon Treasurer

David Dixon Independent Reviewer 02/9/2021

Liabilities

The Society has a liability of £830 in respect of overpayment for room hire by standing order by Howden le Wear Scouts. The Scouts have agreed that the advanced payment should be held against room hire for the next financial year so this amount can be regarded as a reducing liability of the Society the balance of which could be reclaimed if for any reason the Scout Group ceases to meet at the Village Hall.

Grants Received

Unrestricted Funds include Covid Support Payments from DCC 20237.71

Property Maintenance/Improvements

The society has a 30 year full repairing lease over the village Hall premises from Believe Housing and maintenance includes the installation of CCTV at the premises (1845), installation of hand dryers in the toilets (680), and creation of a storage space in the loft (1590).

Report

Without government support this would have been a challenging year for the Society. Our income from room hire and other fundraising fell by almost 90% while costs increased so that over the 18 months of the pandemic the Society had a deficit of more than £10,000 on its normal activities. However the Society received a total of £30237.71 in respect of Covid support which more than offset the deficit and has put us in a strong position to resume our normal activities. Without these payments the bank balance would have fallen to £2775.81 but we can now look forward to the future with confidence and invest to improve our facilities. The proposed lease of the garden is a great opportunity for us to expand the number and range of our activities, while the closure of the chapel has made the Village Hall more important than ever to the life of the village. Completion of the lease has been delayed due to the reduced capacity of Believe Housing’s legal Team because of Covid restrictions and the need to prioritise other work but should proceed in the next financial year. Our priority should be to increase the number of active volunteers who will be able to support a much needed expansion of the role of the Village Hall in the community as we open up after the pandemic.