2021-04-05-accounts - The Leconfield Hall

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

								For	the year	ended 5th April 2	02)
													Totst	Total
										Uiirestncted funds	Restncled	funds	Fossils	Funds
										05/04/202 I	05/04/2021		05/04/2021	05/04/2020
										f		f
IiVCOialE AND KiNDOWVIEiVTS						FROAL
Donations and legacies
Fund Raising —Friends	scheme									1,13!			1,131	3,138
Film I.louse fundmg for Wi-Fi										0			0	808
Covid closure grants from			Chichester			Dmtnct		Couiiml		19,907			19,907	0
Grants &other voluntary		income								0	95?74		95,274	230
										21,038	95,274		116,312	4,176
Cbarilable activitim
Income from lettings										1,286			1,286	2G,599
Other tmding netivities
Bus shelter rent										75			25	25
Sundry mcome										0			0	335
												0	25	360
1m cstmcnts										2679			2,579	4,052
TOTAL 1iVC0iaIK										24,928	95,274		120,202	35,187
EXPKiVDITURK OiV/
Cliaritablc Activities
Cleaning &.Caretakmg		costs								4,654			4,654	7,383
Secretanal &Administrative				Costs						0			0	1,000
Light &Heat										1,174			1,174	,363
Rates 8:Water										769			769	1,423
Telephone and Wi Fi	broadband									397			397	1,587
Insurance										5,333			5,333	4,821
General Repairs &Maintenance										14,500		2,340	16,840	11,900
Sundry Expenses										1,251			1,251	1,466
Depreciation offixtures,			fittings		8:equipment				Note 3	1,762			1,7G2	1,749
										29,840		2,340	32,180	34,692
Governance costs
independent Exammation			ofaccounts							600			600	600
Cost oflund misin														385
TOTAL EXPEiVDITURK										30,440		2 340	32,780	35,677
iVETDEFICIT										(7,512)	92,934		87,422	(490)
Vnrcaliscd (losses)/gains		on re-valuation					of	iavestments		17,839			12,839	(15,258)
Transfer behveen funds										31,452	(31,452)		0	0
NET iaIOFEiNIENT		IiN FDtiVDS								38,779	61,482		100,261	(15,748)
RECONCILIATION	OF		FUiVDS
Fund balances brou ht	fonvard			at 6th April			2020			100,458	479,147		579,605	595,353
Fund halanecs carried	fomvarrl				at	5April	2021			139,237	540,629		679,866	579,605
Gcncral ILsn Funds
Balance at 0604 2020										967	179,147		180,114	187,113
Surplus/deficit for year										38,779	61,482		100,261	(15,748)
Transfer depreciation/ Additions					from Fixiures			and Fnlmgs	Iteserve	S64			864	1,749
Transfer (to)/from Long term Hall Maintenance								Fund		(31,452)			(31,452)	7,000
Balance at05.04.2021										9,158	240,629		249,787	180,114
Fixtures /util Fittings	I'uml
Balance at 0604 2020										1,605			1,605	3 354
Movement m period										(864)			(864)	(1,749)
Balance at 05 04 2021										741		0	741	1,605
Long term Ball maintenance				t'und
Balance at 0604 2020										97,886			97,886	104,886
Transfer from/(to) General			Fund							31,452			31,452	(7,000)
Baance at 05 04.2021										129,338		0	129,338	97,886
The Leconficlrl ilail Building											300,000		300,000	300,000
										139,237	540,629		679,866	579,605

						2021			i070
FIVER ASSFFS:
Tangible Fixed Assets				Note 3		339,527			308,939
Investments				iVote 4		5G,785			41,607
						396,312			350,546
CURREiVT ASSETS:
Debtors				Note 5	51,879			11,210
Cash and Bank				Note 6	245,283			276,086
					297,162			237,296
CREDITORS: ASIOUNTS		FALLIiVO DUF. IYITHIN ONE YEAR:
Creditors and accruals				O'Ic 7	13,608			8,237
NET CURREiVT ASSETS						283,554			229,059
						679,866			579.605
Represented by'				ihotc 8
ENDOYYMENT FUiVDSi
The Leconfield I.lail Building		and Land				300,000			300,000
UNRESTRICTED FUiVDSi
Income Funds
General Hail Funds						9,158			967
Designated Funds
Long Term I.tall Mamtenancc		Fund			129,338			97,886
Fixtures and fittings Fund					741			I,605
						130,079			99,491
Restricted Funds	Hall improvement		scheme	funds		240,629			179,147
						679,86G		f	579,605
Signed on behalf ofthc Tnistees						IC0 Miles	Chairman
						'f P ipardle	I.lon	Treasurer
The notes on pages 6to 8 form part ofthese			linancial	statements

					Tlic Leconiiehl	Intprovcmcnts
					Ilag Lmid &	to huililing, lift
					Boililiiig	& raisctl
					(freeliold)	sciftliig	Equipincnt	Total
					(at valuation)	(at cost&	(at cost)
		Cost/valuation
		at 5.04.20			300,000	68,575	44,623	413,198
		Additions			0	31 452	898	3'2,350
		Disposals						0
		at 5 04.21			300,000	100,027	45,521	445,548
		Depreciation
		at 5 04 20				62,070	42,189	104,259
		Additions				929	833	I 762
		Disposais						0
		at 5.0421			0	62,999	43,022	106,021
		Biet Boolt Value
		Qt 5 04 21			300,000	37,028	2,499	339,527
		Qt 50420			300,000	6,505	2,434	308,939
4	FIXEDASSETliBVESTMSETS
						2021		2020
	al 5.0420					41,607		53,933
	Additions					0		0
	Accumulated	mcome				2,339		7 932
	Revaluation					12,839		(15,258)
	al 5 04 21					56,785		41,607
	The mvestment comprises M&G Cliarifund		Accumulation	unns
5	DEBTORS
						2021		2020
	Sales Ledger					1,030		3,617
	Prepaymenis					32,&47		6,725
	Other dehtom					18,302		868
						51,879		11,210

CREDITORS
					2021		2020
Purchase Ledger					12,738		6,750
Accruals and deferred	income				870		1,487
					13,608		8,237
ANALYSIS OF RESERVES
			Tangible	Fixed		iNet Current
			Assets		Investments	Assets	Total
Unrestricted Funds						9,158	9,158
Restncted I'unde						240,629	240,679
Designated Funds
Long Term Maintenance		Fund		38,786	56,785	33,7G7	129,338
Fixtures and Fittings	Fund			741	0	0	741
Endowment Fund				300,000			300,000
				339,527	56,785	283,554	679,866