Creatio Financial Re ort 2023-2024 AGM - Overview of Accounts 2023 - 2024 Bank Balances at Year end 31 March 2024 Bank Balances Current Deposit March 2024 £ 6.641.29 £ 16,977.87 March Z023 £ 6,751.79 £ 15.974.00 At year end our bank balances had improved by approximately £1,000. We had an overall deficit of over £6,7CK). This allows for depreciation of assets and increases in value of some fixed assets Our income is increased compared to last year but is still not at pre-COVID levels. Our expenses have increased slightly, largely due to increased Spending on Repairs & Maintenance. Our bank balances are reflecting some of these features, but as the balances were not all reconciled on the 31" March, and the value of property is not realised until the property is sold, the bank balances do not necessarity reflect the accounts at this stage. Overview of the year in ternis of income: Hall Hire and cla55es provided an income of nearly £12.000. The increased use of the hall facilitie5 for camping has also increased the income. Sport income continues to be slow to recover. The Bar income continues to show an upward trend. Expenditure: Expenditure for the year stands at over £42,500, which is an increase of about £5,5) compared to the last 2 years. About £1,000 is increased bar expenditure. which is more than offset by their increased profits. £3,000 increase in grounds maintenance costs and £2,0 increase in repairs and Maintenan costs and $1,500 increases in Rates and water account a substantial part of the increase. Reductions in the expenditure on the playground offset some of the increases elsewhere. Therefore, the total income for the year was £36,721 and total expenditure £42.520 leaving deficit of just under £6,OCKI forthe year, excluding depreciation. From the balance sheet, we have fixed assets of £510,410 current assets of £22,032. Our current assets have fallen by nearly £20,000 over the past few years due to the investment in the hall infrastructure and falling income from lettings Page lof 4
Creatio Financial Re rt 2023-2024 Sur luslLoss Statemant Yr to Yeart• 2024 Hdl Hire & el•sx Campin9 15145.59 1280.75 12721.49 10566.7S 14815.so n8.00 1trL75 478.50 55S.00 $50.00 Fcotbr Tenni¥ a18 Filrnin9 Skitll iotment 525 875 1444.98 2319.9B 1320 1213.rd q199.73 2272.46 1075.0) 18&00 105 275.00 Other Ino 8adal Club eexrlage Bar 115287 14&29 148.27 2510.73 13211.45 13411.1 17S31.67 3530Y.66 EJpendiLure 2187. 1540.80 1245.98 1784.¥2 2.?9 3515.47 515_08 1877.79 888.32 1985.14 2996.31 2491.83 241131 5045.41 4000.97 Insurance Heai.UOhl & P(Mr Fleld Lease TV Ucence IRepair5 & Malntersan Printlng & StaiiDnary tsrouna Mnt8nan¢ Clsnino Fire & Safety Waste 'plaYgnfla Bar Mlscellsneoug 8Ank Charges 3515.a9 701.54 7809.07 342.52 1455.84 413.94 g)118 7684.03 soso. 2453.17 707.22 1449.10 110.00 1951.(Kl 1697.5 324 217&5 753.18 103.20 983.23 $180.23 10073.28 1639.79 1(_14 103.2 Q01.aO 1349.01 1237.74 1155.64 126.17 17.4 Debt INrite Off VAT Balance frcffi PrevYr Toial E>pditUr Oparntlng ProfftlLoos -11Z& -751209 298.15 -7218.71 Incomè ank Interest TJt Currents Alc Deposit WC Play Ares NC 11.39 nla nla nla 18S.00 nla nla 20.13 Gwt Ad Refund5 Ewnts & Fund 1# ENntA Expensas Water Supply lfttefftipkn Way Lea Tot41 3998.15 -3180 7T 7670.46 6591.50 -5607.83 103.19 148.27 1420.13 299.14 21274.76 14B.29 814&29 14B.27 891.6 Grosssurplus to Expénditur• 787&18 1(W)48.16 640.70 .1934.V2 -5604.83 Ten Club Fl¢xdlvJhts Play Area and Equwment Fumitue.Fn&ur¢ Fitlffjgs 55.27 -15.72 -949. -188.86 -173.12 -785.87 -715.14 -715.14 -715.14 -1%.39 -143.36 -142.32 -130.46 -142.32 -130.46 .7298 -109.83 41.65 -11.85 ROlr -7299 .1.70 -109.83 41.85 -145.78 41.65 -11.85 Hand Drlw -13.02 Tot•1 -2478.83 -1178.08 -1615.03 478291 Bar A¢4nt Indud¢d in Profft & Loss Statement Takings 13211.45 13411.1 17531.67 Ils & y other Total fj61.58 861.58 1Ce73.2 11869.09 11869.09 Su lu3lLo3s 505285 71.84 Page 2of 4
ooe Vi// Qreatio Fixed Assets FreeId Property LaThl Gibbs H)m Car Park Rarrp & Path Patio Water SofteFEr Hand Drters Play Area Equipment Heating Boiler FurFNture & Fixtures Financial Re ort 2023-2024 3110312020 3110312021 3110312022 3110312023 3110312024 433.373.18 £ 442,040.64 £ 450.881.46 £ 459,899.08 £ 469,097.07 4,235.32 £ 4,362.38 £ 4.493.25 £ 4.583.11 £ 4,674.77 10.457.01 £ 9.411.31 £ 8.470.18 £ 8,639.59 £ 8,812.38 17.227.75 £ 16.366.37 £ 15,548.05 £ 15,859.01 £ 16,176.19 9.750.45 £ 8,872.91 £ 8.074.35 £ 8.235.84 £ 8,400.55 508.53 £ 462.76 £ 421.11 £ 429.53 £ 438.12 144.64 £ 131.62 £ 119.77 £ 122.17 £ 124.61 8.731.SX) £ 7,946.03 £ 7.230.88 £ 7,375.50 £ 7,523.01 891.07 £ 810.87 £ 737.89 £ 752.65 £ 767.70 4,108.21 £ 3.738.47 £ 3,402.01 £ 3,470.05 £ 3,539.45 Total Fixed Assets 489,428.06 £ 494,143.36 £ 499,378.95 £ 509,3&S.53 £ 519,553.86 Current Assets Debtors Bank Currenl ACcot Bank DeposÉt Accourrt HSBC Play Area Accounis Brewery Deposil Accowrt Stock at Valuation Cash 2.445.48 £ 5,942.56 £ 17.848.14 £ 3,441.34 £ fj5. £ 6.383.40 £ 16.318.60 £ 6,511.07 £ 6.641.29 16.644.97 £ 16,977.87 10.046.80 £ 350.00 £ 3(K).(K) £ 51X).C(I 364.14 520.20 350.IJ) £ 50.(K) £ 350.IXI £ 5[x).) £ 357.00 £ 510.00 £ Total Current Assets 35.483.36 £ 465.00 £ 21552.IY) £ 24.023.04 £ 25,003.50 Current Liabilities Creditors Cortrol Accowrt Interest Free Loar VAT Liabilty Totsl Current Liabilities Current Assets jess CLwrent Liabilities 35,483.36 £ 465.(Xl £ 23.552.(K) £ 24,023.04 £ 24,503.50 Total Assels tess CLYrent Liabilities 524.911.42 £ 494,608.36 £ 522,930.95 £ 533.389.57 £ 544,057.36 Capital & Reserves Reserves P&L Accourrt Total Capital & Reserves 524.911.42 £ 494.608.36 £ 521930.95 £ 533.389.57 £ 544,057.36 Audi dby el Crystal Treasurerfor BVHRT Chair of BVHRT David Daniel Page4of4
Creatioo Financial Re ort 2023-2024 Audited by el Crystal Treasurer for BVHRT Chair of BVHRT David Daniel The remai r of this page is intentionally blank. Page 3 of4
Mr Michael Crystal Yew Bank Cottage Cuttle Lane Biddestone Wiltshire SN14 7DF MrDJNew The Treasurer Biddestone Village Hall & Recreation Trust 11 Little Challows Biddestone Chippenham SN14 7DU Tuesday. Sunday, 08 September 2024 Dear Mr. New, As requested I have carried out an independent audit of the books of the account for the Year Ending March 31, 2024. l am happy that the profrt and loss account for the year end represents and accurate picture of transactions during that time. I would make the following comments regarding the balance sheet: The value of the fixed assets have been amended to take into account the work done to improve the assets over the past few years. The Boules Piste is still not included so check that this is not now an asset for the Village Hall. Yours sincerely Mike Cryst