| Page | ||
|---|---|---|
| Annual Report | 2 | |
| Trustees,OfficersandVolunteers | 2 | |
| Background,Structure,Governanceand Risk | Management | 2 |
| Structure | 2 | |
| Purposes and Public Benefit | ' | 3 |
| History and Property | 3 | |
| Governance and Risl<s | 3 | |
| Remuneration | 3 | |
| Activities,PerformanceandAchievements | 3 | |
| l-iall Redevelopment Project | 4 | |
| Events and Fundraising | 4 | |
| Communications | 4 | |
| FinancialReview | 5 | |
| TrusteeApproval | 5 | |
| Independent Examiner's Report | 6 | |
| Receipts and Payments Accounts | 7 | |
| Statement of Funds | 7 | |
| Statement of Assets and Liabilities | ' | 7 |
| Notes to the Receipts and Payments Accounts | 8 |
| Notes | **Year ** | Ended | |||||||
|---|---|---|---|---|---|---|---|---|---|
| 31March 2024 | 31 | March 2023 | |||||||
| RECEIPTS | |||||||||
| Income, fundraising and Interest | |||||||||
| Lettings Receipts | 10,112.00 | 8,263.00 | |||||||
| Fundraising Receipts - General | 3,052.84 | 2,120.74 | |||||||
| Fundraising Receipts - Refurbishment | 3,839.20 | 3,921.91 | |||||||
| Bank Interest | 762.71 | 328.02 | |||||||
| 17,766.75 | 14,633.67 | ||||||||
| Grants and donations | |||||||||
| Hall Refurbishment Grants | & Donations | 5 | 2,675.74 | 1,785.93 | |||||
| Other Grants & Donations | 4 | 803.95 | 190.47 | ||||||
| Gift Aid | 4&S | 314.09 | 0.00 | ||||||
| 3,793.78 | 1,976.40 | ||||||||
| Total Receipts | 21,560.53 | 16,610.07 | |||||||
| PAYMENTS | |||||||||
| Electricity& Water | 2,647.37 | 1,330.27 | |||||||
| iT& Communications | 557.24 | 531.01 | |||||||
| Maintenance & Caretaking | 5,341.31 | 4,954.16 | |||||||
| Administration, Licences & MIsc | 169.01 | 236.00 | |||||||
| Insurance | 988.57 | 966.44 | |||||||
| Total Running Costs | 9,703.50 | 8,017.88 | |||||||
| Other Capital Items and Exceptional Costs | 3,290.98 | 1,056.40 | |||||||
| General Fundraising Costs | 729.32 | 568.79 | |||||||
| Refurbishment Fundaising Costs | 745.73 | 831.00 | |||||||
| Hall Development Costs | 2,478.00 | 3,395.62 | |||||||
| Total Payments | 16,947.53 | 13,869.69 | |||||||
| Lettings Income less Running Costs | 408.50 | 245.12 | |||||||
| Net Capital and Exceptional Items | (3,290.98) | (1,056.40) | |||||||
| Net Fundraising, Grants and Donations - General | 3,127.47 | 1,742.42 | |||||||
| Net Refurbishment Fundraising, Grants & | Donations | 3,605.30 | 1,481.22 | ||||||
| Net Finance Receipts | 762.71 | 328.02 | |||||||
| NET RECEIPTS | 4,613.00 | 2,740.38 | |||||||
| **Statement ** | of F u n d s | ||||||||
| Reserves at 31 March 2023 | £ | Cash funds at | 31March 2024 | 31 | March 2023 | ||||
| Restricted Funds Note 5 |
3,925.36 | ||||||||
| Designated Reserves Note 6 | 34,000.00 | Representedby: | E | ||||||
| Unrestricted Reserves | 7,822.06 | ||||||||
| Total reserves at 31 March 2023 | 45,747.42 | ||||||||
| Net Receipts for 2023/24 | 4,613.00 | Current Account | 668.74 | 1,143.53 | |||||
| Reserves at 31 March 2024 | 50,360.42 | Deposit Account | 4,216.57 | 7,344.18 | |||||
| Restricted Reserves Note 5 | 7,530.66 | Notice Account | 45,286.63 | 37,101.27 | |||||
| Designated Reserves Note 6 | 37,500.00 | PettyCash | 188.48 | 158.44 | |||||
| Unrestricted Reserves | 5,329.76 | ||||||||
| Reserves at 31 March 2024 | 50,360.42 | 50,360.42 | 45,747.42 | ||||||
| **Statement ** | of A s s e t s and Liabilities | ||||||||
| 31March 2024 | 31 | March2023 | |||||||
| £ | £ | ||||||||
| Cashfunds | 50,360 | 45,747 | |||||||
| Licenced Building (insurance value) (licenced to 31 | March 2076) | 713,347 | 634,086 | ||||||
| Stockof Books for Sale (at cost) Note 7 | 1,212 | 1,654 | |||||||
| Other non-monetary assets held for functional use | (insurance value) | 31,655 | 28,138 | ||||||
| Returnable Lettings Deposits Held | (100) | (200) |
| Year Ended | Year Ended | |||||
|---|---|---|---|---|---|---|
| **31 ** | March 2024 | 31 March 2023 | ||||
| £ | £ | |||||
| Analysis of Letting Income | ||||||
| Dance,Yogaand fitness classes (regular) | 2,270.00 | 2,580.00 | ||||
| Band practice | 782.00 | 823.00 | ||||
| Regular Groups and Coffee Mornings | 1,025.00 | 680.00 | ||||
| Training/Workshops | 4,405.00 | 3,005.00 | ||||
| Stagehire and drama workshops | 170.00 | 140.00 | ||||
| Events and meetings | 870.00 | 550.00 | ||||
| Parties/Receptions/ad-hoc other | 485.00 | 310.00 | ||||
| Other occasional groups/Furniture Hire | 105.00 | 175.00 | ||||
| 10,112.00 | 8,263.00 | |||||
| Maintenance | ||||||
| Cleaning and caretaking Security systems Electrical checks |
3,904.34 595.06 670.00 |
3,845,90 357.60 105.60 |
||||
| Repairs & replacements | 152.94 | 614.36 | ||||
| Other | 18.97 | 30.70 | ||||
| 5,341.31 | 4,954.16 | |||||
| 3 | Capital and Exceptional Items | |||||
| Fire alarm new main panel | 719.74 | 0.00 | ||||
| Projector | 45.00 | 0.00 | ||||
| NewCooker | 589.00 | 0.00 | ||||
| New Floor cleaner | 1,605.26 | 0.00 | ||||
| Drain inspection | 150.00 | 0.00 | ||||
| New heating control system | 181.98 | 0.00 | ||||
| Exhibition Panels | 0.00 | 1,346.40 | ||||
| Insurance Claim/RoofA/Vindow/Storm repairs | 0.00 | (290.00) | ||||
| 3,290.98 | 1,056.40 | |||||
| Fundraising, Grants and Donations | ||||||
| NetBooksales (receipts - costs) | ||||||
| From Forest Field to Western Front | 1,017.90 | 1,024.89 | ||||
| Twelve Airfields by Alan Brown | 638.30 | 151.06 | ||||
| Total receipts £1.749.54less costs |
£93.34 | (LY£725.53-£36.82) | 1,656.20 | 1,175.95 | ||
| QuizNight | 443.00 | 376.00 | ||||
| MovieNight | 224.32 | 0.00 | ||||
| HCC Grantfor Romani Exhibition | 401.00 | 0.00 | ||||
| Donations - general | 402.95 | 190.47 | ||||
| 3,127.47 | 1,742.42 | |||||
| 5 | Hall Development Project - Restricted Funds Balance at1April |
3,925.36 | 2AAAAA | |||
| EBPC / HampshireCountyCouncilGrants | 2,500.00 | 131.75 | ||||
| NFHWAExhibition receipts | 0 | 1,945.01 | ||||
| NFHWATalks receipts - payments | 3,093.47 | 1,145.90 | ||||
| Donations atNFHWATalks & Exhibitions plus Gift Aid | 489.83 | 1,654.18 | ||||
| Meetings, Communications and Team Building | 0.00 | (137.60) | ||||
| Architect,Buildingsand StructuralDesignFees Planning costs |
(2,478.00) 0.00 |
(2,928.00) (330.02) |
||||
| Total Net Receipts in period | 3,605.30 | 1,481.22 | ||||
| Balance at31March | 7,530.66 | 3,925.36 | ||||
| 6 | Designated Funds | |||||
| Exceptional repairs and maintenance | 5,000.00 | 5,000.00 | ||||
| Hall Development | 32,500.00 | 29,000.00 | ||||
| Balance at31March | 37,500.00 | 34,000.00 | ||||
| 7 | Stock of Books at Cost | |||||
| From Forest Field to Western Front | (193) | (PY271) | 937.98 | 1,317.06 | ||
| Twelve Arfields by Alan Brown | (97) | (PY193) | 273.54 | 461.76 | ||
| Balance at31March | 1,211.52 | 1,778.82 |