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2023-03-31-accounts

The Kirk Deighton Village Hall CIO Chairman’s Annual Report 2023

April 2022 – March 2023

We started this year hoping that there would be no more Covid Restrictions reintroduced and that all regular hirers would continue to use the hall.

There were less Childrens party bookings than in previous years but as this is not our main source of income it hopefully will not affect the financial results.

In August we welcomed Debbie Marriott as new trustee. Debbie is also a parish councillor and on the village events committee.

A leak in the underfloor heating/boiler system caused an ongoing problem throughout the winter period necessitating daily inspection and additional expenditure to investigate the likely cause.

The financial results for the year to 31 March 2023 and forecast.

Although we had higher maintenance costs particularly for the boiler/heating system and we made a £2000 contribution to support the village Coronation Celebrations the year ended with a profit of £7252. The accumulated funds to 31 March 2023 were £94992.

With significant price increases forecast for gas and electric charges and both contracts due for renewal in the new financial year we can expect the costs to rise from £1200 to approximately £3300. We have been on extremely favourable rates for the last four years negotiated by our energy broker.

Our aims and objectives for 2023/2024 are:

To replace the gas boiler and heating controls

To manage the gas and electric costs due to significant price increases To repair the flooring under the entrance mat

To repair the drainage system from the kitchen/toilet area

To consider installing a sink and plumbing in the chair cupboard for use as an event bar area.

I am grateful to all the Trustees for their help and support during this year and to our Treasurer, Steve Winterbottom, for keeping the finances in order and to, my wife Ann, for sorting out the bookings, ordering supplies, and coordinating the cleaner and caretaker.

I confirm that as a CIO (Charitable Incorporated Organisation) we have complied with our obligations of the rules of the constitution, kept minutes of our meetings and kept records of all financial transactions.

David Richardson Chair 2023

KIRK DEIGHTON VILLAGE HALL

FINANCIAL ACCOUNTS FOR THE PERIOD 1st APRIL 2022 to 31st MARCH 2023

INCOME AND EXPENDITURE ACCOUNT

2021/22
£
973.00
846.25
8,257.50
4,921.87
0.00
1,086.25
160.00
693.85
20,727.34
132.30
6.70
37,805.06
712.44
353.17
158.66
133.29
870.14
1,205.00
1,018.59
692.50
132.00
364.16
694.06
0.00
529.18
1,293.47
29,264.20
37,420.86
384.20
INCOME
LETTINGS
Regular users:
Guides & Brownies
Classes
Sessions
Meetings
Casual users:
Functions
Children's Parties
Private Parties
OTHER INCOME
Solar Panels
Grants
Other
INTEREST
Deposit Account
TOTAL INCOME
EXPENDITURE
Running Costs
Gas
Electricity
Water
Rates
Insurance
Cleaning
Cleaning materials
Caretaking
Performing Right Society
Telecommunications
Publicity, admin
Contributions
Furniture / equipment
Repairs / maintenance
Storage Extension
TOTAL EXPENDITURE
Excess of Income over Expenditure
(carried to Balance Sheet)
£
1,136.00
60.00
10,198.75
4,821.10
212.50
2,375.00
325.00
764.75
0.00
2.30
273.28
680.63
442.00
208.90
261.12
811.90
840.00
1,013.94
677.50
389.86
420.60
603.60
2,000.00
1,894.96
2,670.99
0.00
2022/23
£
16,215.85
2,912.50
767.05
273.28
20,168.68
12,916.00
12,916.00
7,252.68

KIRK DEIGHTON VILLAGE HALL

FINANCIAL ACCOUNTS FOR THE PERIOD 1st APRIL 2022 to 31st MARCH 2023

BALANCE SHEET AS AT 31st MARCH 2023

31.3.22
£
£
87,355.37
Accumulated Funds as at 1st April 2022
384.20
Surplus (deficit) for the period
ending 31st March 2023
87,739.57
Accumulated Funds as at 31st March 2023
Represented by :
Cash at Bank
21,050.27
- Current Account
27,593.79
68,676.08
- Deposit Account
68,949.36
63.03
Cash in Hand
32.09
0.00
Debtors
89,789.38
2,049.81
less Creditors
87,739.57
31.3.23
£
87,739.57
7,252.68
94,992.25
96,575.24
181.25
96,756.49
1,764.24
94,992.25