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2022-12-31-accounts

Trustees’ Annual Report

For the period From 01/01/2021 to 31/12/2021

Charity Name: Toft Newton Village Hall Association

Registered Charity Number: 1162768

Charities principle address: Toft Newton Village Hall, Washington Drive, Newtoft, Market Rasen. LN8 3NN

Trustee Name **Office(if any) **
Don Pavia
Jane Hobbs
Jackie Pavia Chairperson
Bridget Carpenter Secretary
JudyHoward Treasurer

Type of governing document: Constitution

How the charity is constituted: Incorporated Organisation

Trustee selection methods: Appointed by committee

Summary of the objects of the charity set out in its governing document: The charity works for the public benefit having as its objects:

Summary of the main activities undertaken for the public benefit in relation to these objects:

The activities of the Charity were still affected by the Covid pandemic and the restrictions placed on it.

We have received generous grants and the Trustees decided to help financially to users of the Hall by offering a rent freeze from restrictions being lifted in July through to December. This was to encourage users to get back out and socialise again after having been restricted for the previous 2 years.

Summary of the main achievements of the charity during the year:

We managed to offer the Village Hall to bookings in a Covid safe way following Government guidelines.

Continued to keep the Charity functioning financially during a very difficult year when income was cut to less than 25% of annual returns.

Brief statement of the charities policy on reserves:

We did receive a final grant funding via the Governments Covid funding while we were locked down.

This has allowed the Charity to have a large reserve of funding now.

Robert Nelson

Chair

Toft Newton Village Hall Income and Expenditure Accounts 1st January 2022 To 31st December 2022

Dec-22 Dec-21 Dec-20 Dec-19 Dec 2018
Income
Fund Raising/Entertainment - 292.00 353.69 102.00
Donations 3,030.00 - 65.50 210.00 100.00
Lottery /Council Grants 2,667.00 15,668.21 13,335.00 1,500.00 3,500.00
Hire of Hall 1,593.75 635.00 1,058.00 3,386.75 5,752.50
Rent from Newtoft Social Club 3,300.00 - 4,745.00 8,400.00 10,545.00
Misc 121.00 215.00 204.42 40.07
Totals 10,711.75 16,518.21 19,495.50 14,054.86 20,039.57
Expenditure
New Building Costs 1,600.00 2,400.00 2,400.00 5,680.00 2,800.00
Entertainment
Printing & Stationery 5.10 8.70 4.02
Solicitors Fees 40.00
New Equipment 567.69 130.90
Service (Gas/Electric ) 8,941.77 4,632.53 4,412.85 5,288.98 5,842.61
Wages 896.66 561.34 506.10 1,397.13 4,693.49
Repairs & Maintenance 1,451.23 2,403.51 1,117.84 752.99 1,605.04
Licences & Insurances 3,695.08 4,481.47 3,601.66 4,237.56 2,189.59
Bank Charges 0.61
Misc 220.00 15.00 57.39
Totals 17,152.43 14,703.95 12,224.35 17,365.36 17,192.75
Net Income or Expenditure - 6,440.68
1,814.26 7,271.15 - 3,310.50
2,846.82

Cash & Bank Account Details

Cash In
Current
Total
Hand
Account
Balance as at 31st Dec 2021 25.22 9,649.84 9,675.06
Balance as at 31st Dec 2022 569.73 2264.65 2834.38
-6,840.68