## **LUDLOW WOMEN'S AND COMMUNITY CENTRE CHAIR REPORT FOR 2023/24 Charity No. 1156652**
As our finances continue to increase with further bookings, we are able to spend on improvement and maintenance of the building.
We continue to have problems with the new doors even though the installers have been out numerous times and been given further coats of paint but this is in hand. The windows have also been given a new coat of paint as the weather had not been kind.
The new timer on the heating system seems to be working well, it is a little early to say how much difference it has made to the bills. We are currently in discussion with the water suppliers in an attempt to have a smart meter fitted.
Some of the regular hirers have decided we are not for them, main reason being car parking and storage, but others are coming and booking, and we do have our regular reliable people.
The Committee continues to work hard throughout the year and I would like to thank them all for their input – we will always have room for more volunteers!
We look forward to further progression and production in the coming year.
Kath Webb Chair LW&CC
## **Ludlow Womens and Community Centre Financial Activities**
**1 June 2023 - 31 May 2024**
## **Income**
|**Income**|||
|---|---|---|
|**Donation**
**Room/ Hall Hire:**
**Bingo**
**Hall Hire, regular**
**Mind Body Spirit**
**One off Room/Hall Hire**
**Table Top Sales**
**Total Income**
**Expenditures**
**Book-keeping**
**Cleaning**
**Fire Protection**
**Insurance**
**Repair and maintenance**
**Utilities Gas and Electricity**
**Utilities Water**
**WiFi**
**Total Expenditures**
**PROFIT/ LOSS**|48
2,832
12,231
484
252
330
**16,176**
1,248
2,292
221
1,168
10,150
3,270
398
185
**18,932**
**- 2,756**||
|FIXED ASSETS
~~Freehold Land & Building~~|||
|
Valuation||450,000|
|NET CURRENT ASSETS
~~Amount held in bank account as~~|NET CURRENT ASSETS
~~Amount held in bank account as~~||
|---|---|---|
|
at 31st May2023 statement|10,870||
|**TOTAL ASSETS at 1 June 2023**||**460,870**|
|FINANCED BY:
~~Freehold Land & Building~~|||
|
Valuation||450,000|
|ADD Balance b/f 1st June 2023|10,870||
|ADD Income 2023/24|16,176||
|LESS Expenses 2023/24|18,932||
|Balance c/f 31 May2024||8,114|
|**TOTAL ASSETS at 31 May 20**|**24**|**458,114**|
## **Ludlow Womens Centre CIO Statement of Affairs Income and Expenditure Account for the Year ended 31st May, 2024**
||EXPENDITURE|INCOME|ASSETS|||||
|---|---|---|---|---|---|---|---|
|Hire of Rooms||£12,483||||||
|Bingo||£2,832||||||
|Mind BodySpirit||£484||||||
|Table TopSales||£330||||||
|||||||||
|Donations||£48||||||
|||||||||
|Insurance|£1,168|||||||
|HeatingLighting|£3,270|||||||
|Repairs & Renewals|£10,150|||||||
|Water
Cleaning & Window|£398|||||||
|
cleaning|£2,292|||||||
|Fire Protection Service|£0|||||||
|Book-keeping|£1,248|||||||
|Expenses other(wifi & firepr|£406|||||||
|**£18,932**
**£16,176**
**Profit/Loss**
**-£2,756**
FIXED ASSETS
£450,000
NET CURRENT ASSETS
£7,016
**TOTAL ASSETS**
**£457,016**
FINANCED BY:
£450,000
Freehold Land & Building
Valuation
account as at 31st May
2022 statement
Freehold Land & Building
Valuation||||||||
|||||**Asset Comparison 2022/23 vs 2021/22 and 2020/21**||||
|FINANCED BY:
Freehold Land & Building||||~~Freehold Land &~~|2020/21|2021/22|2022/23|
|
Valuation||£450,000||
BuildingValuation|£125,000|£125,000|£450,000|
|£7,016
ADD Balance b/f 1st June
2022|£7,016
ADD Balance b/f 1st June
2022|£7,016
ADD Balance b/f 1st June
2022|
|---|---|---|
|ADD Income 2022/23|£16,176||
|LESS Expenses 2022/23|£18,932||
|||£4,260|
|||£454,260|
ADD Balance b/f
|ADD Bl b/f||||
|---|---|---|---|
|aance
1st June|£9,657|£4,399|£7,016|
|ADD Income|£1,211|£8,545|£16,176|
|LESS Expenses|£6,469|£5,927|£18,932|
|~~Balance at end of~~||||
|
financialyear|£4,399|£7,016|£4,260|