GREAT BARR WAR MEMORIAL HALL TRUSTEES REPORT
On behalf of the Trustees of the Great Barr War Memorial Hall I submit this report covering the period from October 2022 – October 2023.
This period obviously relates to a time of both global financial insecurity and insecurity in the strife affecting Europe. What is happening between former soviet states and the outside effects of such conflicts has had an impact in many ways on this country.
The Great Barr War Memorial Hall happily has a number of organisations which use the hall either weekly or monthly and there are other parties who also use the hall regularly. We are very fortunate to have a secretary who is readily contactable keeps herself proactive with all parties and deals very successfully with people/families/organisations who require either single or occasional bookings, together with dealing with the regular bookings. The core bookings easily cover the expenditure and expenses in the running of the hall. In many ways the Great Barr War Memorial Hall continues to move forward from the Covid crisis and the financial turmoil to the credit mainly of the secretary and also the local organisations who continue to utilise the facilities available to them.
With many financial issues facing all community organisations the Great Barr War Memorial Hall has not increased hiring fees not even in line with inflation. We are fortunate in relation to all the energy issues facing the country as during the hall refurbishment we changed to a much more cost-effective LED electrical system throughout the hall which has greatly lessened any impact the energy crisis had on us compared to elsewhere. The energy prices are dropping in prices in real terms which does not really affect the Great Barr War Memorial Hall.
The changes made previously as reported continue to prove invaluable and positive comments are made continually. The future is still looking positive and bright for the Great Barr War Memorial Hall and the communities using it.
It is still pleasing to reflect that we continue to cater for a really diverse range of organisations and persons. It is worthy to state that the hall is a ‘community asset’ as different cultures and diversity are taking advantage of the hall to exercise different faiths and doctrines. There are ‘pet’ organisations, fitness and health organisations and drama groups as well national established organisations i.e. Women’s Institute, Probus and others. Of course, there are other purposes catered for by the hall, birthday celebrations private functions etc.
During this past year the finance for letting fees totalled twenty-one thousand eight hundred and eighty-one pounds (£21,881) and other income totalled two thousand eight hundred and ninety pounds and sixty-four pence (£2,890.64). Thus making a total income of £24,771.64 which is an approximate increase of twenty percent from the previous year. The expenditure in line with so many groups, businesses and other entities has increased to eighteen thousand three hundred and ninety-seven pounds ninety-six (£18,397.96) from sixteen thousand seven hundred and forty-five pounds and ninety-five pence (£1,745.95) an
increase of approximately ten percent. Leaving a surplus for the year of £6,373.68p. We are very hopeful the upward income trend will continue during the next twelve months.
Great Barr War Memorial Hall remains solvent, viable and a benefit to the community. In the coming year we have already sourced and arranged the complete replacement of all windows within the Great Barr War Memorial Hall and will also be replacing all the one hundred chairs used in the main building.
David Nix MBE
For and on behalf of the Trustees.
| 31st October | 202331stOctober2022 | 202331stOctober2022 | |
|---|---|---|---|
| ftff | |||
| lncome:Hall Lettings | 21,881.00 | 16,899.75 | |
| Security Bonds | 1,840.00 | 1,950.00 | |
| National GridRent | 1,050.64 | 1,050.64 | |
| SMBCCovidGrant | 0.00 | 0.00 | |
| SMBCRatesrefund | 0.00 | 66s.60 | |
| Waterratesrefund | 0.00 | 0.00 | |
| TotalReceipts | 24,771.64 | 20,565.99 | |
| Expenditure: |
| Security Bonds Returned | 1,840.00 | L,950.00 | ||
|---|---|---|---|---|
| lnsurance | 3,320.78 | 3,002.63 | ||
| Maintenance | 623.03 | 295.66 | ||
| Health &Safety | 7.4L | |||
| Gas | 1,574.12 | 1,328.46 | ||
| Electric | 1.,790.79 | 534.55 | ||
| SMBCLicence name change | 0.00 | 0,00 | ||
| SMBCGeneralrates | 0.00 | 66s.60 | ||
| Water | 277.68 | 266.46 | ||
| Caretaker | 5,466.66 | 5,457.97 | ||
| Secretary | 2,533.33 | 2,525.00 | ||
| Gardener | 130.00 | 105.00 | ||
| Telephone | 1s0.00 | 130.00 | ||
| PostageandStationery | 31.98 | s3.95 | ||
| CleaningMaterials | 463.86 | 752.37 | ||
| ReliefWorker | 487.73 | s0.00 | ||
| DonationtoStMargaretsChurch | 200.00 | 0.00 | ||
| AccountancyFees | 120.00 | 120.00 | ||
| TotalPayments | L8,397.96 | -18,397.96 | !6,745,95 | -L6,745.95 |
| Netof receipts/(payments) | 6,373.58 | 3,820.04 |
| 3lstOctoberZOaS31stOctober2022 | 3lstOctoberZOaS31stOctober2022 | |
|---|---|---|
| f€ | ||
| CashFunds | ||
| Natv'rest Reserveaccount | 0.o0 | 0.00 |
| Natwest Current account | 22987.88 | L7090.38 |
| CashinHand | 58fi.22 | L04.04 |
| lnvestmentAssets | ||
| CCLACharitieslnvestmentFund | ||
| Accurnulation units held2149.62{aALB42?..541 | ||
| Valuation | 73413.79 | 722L0.O2 |
| 95,981.89 | 89,444.44 | |
| Reconciliation | ||
| Fundsheldatthe start oftheperiod | 89,N4.44 | 92,499.77 |
| Seceipts&paymentsAccount | 5,373.58 | 3,820.04 |
| CCLAlnvestmentFund Gain/{Loss} | 1,203.77 | -6,915.37 |
| Funds Held atthe endoftheperiod | 96,98r..89 | 89,4A4.44 |