The Village Hall Accounts Period: 1st October 2021 to 30th September 2022
During this period, Bryan Edwards stood down as our Honorary Treasurer. I took over during June 2022
Comparisions year on year are difficult due to the effects of the covid pandemic and hall closures.
Total Balance held (Village Hall and Restricted Accounts):
The opening bank balance at the start of the reporting period was: £31,771.59 The closing bank balance at the end of the reporting period was: £30,849.50
Restricted Accounts:
During the year we have provided "banking" facilities for a number of local concerns. These (together with the balances of each as at the end of 30th September 2022) are as follows:
| Winfrith Community Foods | £1,304.15 | |
|---|---|---|
| Craft Group | £1,477.41 | |
| History Group | £693.54 | |
| Difbrillator Group | £617.00 | |
| Children's Group | £215.92 | |
| Website Group | £164.29 | |
| Total | ### | up £672.49 on the year |
The individual groups are each responsible for the management of their own funds and reporting to their respective members. Each nominated group lead has received detail of the transactions within their respective group.
The Village Hall:
| The Village Hall: | |||
|---|---|---|---|
| 2020-2021 | 2021 -2022 | ||
| Incomes | |||
| Regular hall hire | £2,096.50 | ### | |
| Other hall payments inwards | £381.75 | £617.50 | |
| Arts events | £0.00 | £0.00 | |
| Fund raising events | £1,008.00 | ### | |
| Donations / grants | £9,536.33 | £369.12 | |
| Totals | £13,022.58 | ### | |
| Expenditures | |||
| Building costs | £589.80 | £743.20 | |
| Utlities | £1,751.69 | ### | |
| Caretaking | £222.28 | ### | |
| Licences | £234.40 | £0.00 | |
| Fund raising costs | £125.00 | £297.50 | |
| others | £292.78 | ### | |
| insurance | £1,480.67 | £0.00 | |
| Totals | £4,696.62 | ### | 2021-2022: expediture exceeded income by £1548.27 |
At 30th September 2022, the Village Hall (excluding the ring fenced accounts) had a cash balance of £26,377.19 This is a healthy balance. The upward pressure on costs (especially energy) suggests we may need to increase our hire charges during 2023.