TREASURERS REPORT
AS AT 30 SEPTEMBER 2021
Income
Hiring fees
Income from occasional hire has again declined this year from the previous year by 72% to £565 (2020: £2,007 & 2019: £2,596.25). This significant decline is mainly due to COVID however the committee members are aware of the situation and recognise the need to attract new hirers.
Unfortunately income from regular hirers has also declined this is due to the lockdowns in 2020 and into 2021. We are still unsure how many of the regular hirers will return when the pandemic is finally over.
Social events
Due to COVID a number of the events in the year did not occur however there were two social events that were held during the year. They were the pop up event held in May which made a profit of £451.62 and also the produce show held in September which made a profit of £603.83.
Other Income
Income for the period has decreased significantly this is mainly due to the fact that in 2020 £10,000 of COVID grants were received whereas in 2021 only £1,000 was received. Also included in other income during the year was the £462.24 was received from the closure of the old mother and toddler group. This income was retained as restricted income and during the year £316.50 was spent on items to be used for the mother and toddler group
Expenditure
The general running expenditure increased from £8,190 in 2020 to £8,238 in 2021 this increase was mainly due to the increase in cleaning costs. During the year a number of exceptional items were purchased such as the equipment for the mother and toddler group and also the gazebo.
Funds and reserves
You will note that due to the small loss in the year general reserves remains similar to last year and as at 30 September 2021 the general fund stood at £20,450.
The Development Fund at 30 September 2021 stood at £96,282. Ongoing investigations by several sub-committees together with continuing dialogue with HS2 Limited will determine how this fund will be spent.
At 30 September 2021 we held £119,065.34 at the NatWest Bank, £75,583.92 of which was in an interest earning account.
The accounts have not be subjected to an Independent review as yet but this will be arranged shortly however I am still outstanding a number of invoice (hedge trimming, oven cleaning and engraving) Also not included in the below figures are the internet bills that are currently paid by Adrian.
It should be noted that our gross income didn’t exceeded £25,000 for the year, so we are not required to submit a Receipts and Payments Account [form CC16a] to the Charity Commission.
I would like to extend my thanks to all of the Committee members who give up a huge amount of time and work so hard to maintain the healthy financial position of the Hall.
This concludes my report.
2021 Year end accounts BURTON GREEN VILLAGE HALL CIC INCOMÉ ANO EXPENDITURE Year ended 30.Q3.ZI Year ended 30.09.20 Incorne Regulars Occas5ional Social events- Development Social events- General Grants and donarions Interest s,520.] 565.00 8,652.56 2,C¥)7. 2,051.89 589.30 10,050.1)J 102.57 1,544.65 1,462.24 8.22 TOTAL INCOME 9,IlX).11 23.453.32 endlturt Water 534.38 840.49 1,101.36 627.35 668.13 53,29 3,877.87 317.61 307.99 868.29 1.115.67 701.68 1,461.06 230.Q) 1,193.36 1,507.27 Insurance Gas Repairs small items Business rates Cleanin8 COVID Infertion control Telephone Misc -TV Licence -PPL PRS Licence -other misc -puchase of thiee tables -Christrnas tree and stand -AGM expenses -gazebo Social events -produce Show -Quiz -craft Fayre -christmas lunch -mother and toddler equiprnent 157.50 154.50 548.32 102.54 428.59 6S.72 180.43 191.99 $08.96 236.39 109.72 86.40 50.(KJ 316.50 TOTAL EXPENOITURE 9,Z55.43 9,347.93 PROFITI LOSS FOR THE YEAR 115&321 14.105.39
Hon. Chairman – Mrs C J Wall Hon. Treasurer – Mrs Lucy Hatton FCCA