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2022-09-30-accounts

TREASURERS REPORT

AS AT 30 SEPTEMBER 2022

Income

Hiring fees

Income from occasional hire has increased this year from the previous year by 126% to £1,279 (2021: £565, 2020: £2,007 & 2019: £2,596.25). This increase is due to the fact that people are now starting to use the hall after the COVID pandemic however usage has not returned to pre COVID times. The trustees are aware of need to attract new hirers to the hall.

Social events

This year we have managed to hold a number of events which have been a great success. We have held our usual produce show, pop up markets and quiz, all of the events for the year have provided a profit of £2,310.

Other Income

Income for the period had increased slightly in the year this is due to the fact that we received a grant from the parish council of £12,000 for the stain glass window project for the new hall. Of which £4,733 has been spent during the year.

Expenditure

The general running expenditure increased from £9,255 in 2021 to £14,793 in 2022 this increase was mainly due to the fact that all expenses had increased as the use of the hall increased. Gas, electricity and insurance all increased during the year and continue to rise.

Funds and reserves

You will note that due to the profit in the year general reserves have increased and as at 30 September 2022 the general fund stood at £27,625.

The Development Fund at 30 September 2022 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 2022 we held £116,131.41 at the NatWest Bank, £75,623.30 of which was in an interest earning account.

The accounts have not be subjected to an Independent review as yet but this has been arranged and started. 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.

2022 Year end accounts

2022 Year end accounts 2022 Year end accounts 2022 Year end accounts 2022 Year end accounts 2022 Year end accounts 2022 Year end accounts 2022 Year end accounts 2022 Year end accounts 2022 Year end accounts 2022 Year end accounts
BURTON GREEN VILLAGE HALL CIC
INCOME AND EXPENDITURE
Year ended
Year ended
30.09.22 30.09.21
Income
Regulars 11,498.00 5,520.00
Occassional 1,278.78 565.00
Social events 4,225.60 1,544.65
Grants and donations 4,733.00 1,462.24
Interest 48.38 8.22
TOTAL INCOME 21,783.76 9,100.11
Expenditure
Water 350.48 534.38
Bank fees 3.82
Insurance 1,089.36 840.49
Electric 2,206.85 1,101.36
Gas 601.31 627.35
Repairs 1,008.86 668.13
Business rates 438.62 53.29
Cleaning 4,517.96 3,877.87
COVID Infections control 171.41 317.61
Telephone 60.00
Misc
- tv licence 159.00 157.50
- PRS licence 639.71
-gazebo 191.99
- Xero 22.80
- bowls mat 50.00
- beveragepot 170.46
- event costs 17.19
- mother and toddler equipment 316.50
Social events 1,915.62 508.96
Depreciation 1,429.32
TOTAL EXPENDITURE 14,792.77 9,255.43
PROFIT/LOSS FOR THE YEAR 6,990.99 (155.32)
BURTON GREEN VILLAGE HALL CIC BURTON GREEN VILLAGE HALL CIC BURTON GREEN VILLAGE HALL CIC BURTON GREEN VILLAGE HALL CIC BURTON GREEN VILLAGE HALL CIC BURTON GREEN VILLAGE HALL CIC BURTON GREEN VILLAGE HALL CIC BURTON GREEN VILLAGE HALL CIC BURTON GREEN VILLAGE HALL CIC
BALANCE SHEET
As at As at
30.09.22 30.09.21
Fixed assets
Leasehold improvement 15,704.48
Bank and cash
Current account 40,499.11 43,481.42
Deposit account 75,632.30 75,583.92
Pettycash 1,072.97 998.21
117,204.38 120,063.55
Debtors 1,192.93
Creditors (7,267.00) (404.35)
126,834.79 119,659.20
Funds
General 27,625.16 20,449.57
Development 96,281.85 96,281.85
Restricted
-cooker/new kitchen 2,193.48 2,193.48
-IT funds 176.61 176.61
-MiBG 514.45 514.45
-Mother and toddler 43.24 43.24
2,927.78 2,927.78
126,834.79 119,659.20

Hon. Chairman – Mrs C J Wall

Hon. Treasurer – Mrs Lucy Hatton FCCA