## Wadhurst Institute, Hall & Field CIO ## 2021/22 AGM Thursday August 18[th] 2022 @ 20.00 Wadhurst Commemoration Hall ## Welcome ## • Hello and welcome - The draft agenda was published in the AGM notice but has undergone a slight change and is now: ## Agenda ## 1. OPENING REMARKS ## Welcome ## 2. CHAIRMAN’S REPORT – To receive the annual report of the charity trustees for the period August 2021 -> July 2022 3. TREASURER’S REPORT – To receive the accounts for the year ended 31 December 2021 ## 4. CHARITY TRUSTEES – To re-elect the following persons as charity trustees under clause 10.4 of the Constitution to serve until the end of the next AGM: Roger Bishop, Serena Gadd, Karen Neal, Patricia Hay, Andrea Tincombe, Stuart Pocock, Robert Stovell 5. To note the current User body list under clause 10.5 of the Constitution: Wadhurst Bowls Club, Wadhurst Community Cinema, Wadhurst Cricket Club, Wadhurst Dramatic Club , Wadhurst Parish Council, Wadhurst U3A, Wadhurst History Society, Wadhurst Football Club 6. APPOINTMENT OF AUDITOR/EXAMINER: Gulshan Khan 7. ANY OTHER BUSINESS (none previously notified) ## Wadhurst Institute, Hall & Field CIO 2021/22 AGM Chairman’s report John Mitchell ## Reflection ## Progressive remediation programme since October 2019 Major infrastructure achievements: - Electrics, heating, drainage, Hall windows all upgraded - Hall refurbished, Institute external decoration - Field access reconstructed Investment around £45,000 - Full-time caretaker - Automated Booking & Invoicing system implemented Reflection >a. Reflection Illi ## 2021/22 Activities - Priorities ## • Maintenance and repairs - Completion of facilities modernisation programme ## Main focus on the Field - Increase the utilisation of the facilities Grow Customer base Institute decoration K)IT 11 Institute decoration Hall stairs made safe Iilj External hall doors New Bench in the Field WL access gate Playground Illii, i*d.iL | Yfflr￿.rfT j rj Playground f-..'lii,'Ii Iiiijijij "Illi Gate to car park '? ￿?_- Rewilding in the Field Forest School in the Copse Jubilee ||CIO- Electric cost profiles on 2year fixed
Renewal
2021 costs -
actual
2022 costs
projected
on
2021/2022
actuals
2023 costs
projected on
2021/2022
actuals
2024 costs to
renewal
**Meter 1**
**Institute + Hall**
**01-Jun**
**£4,368**
**£8,965**
**£12,393**
**£6,196.50**
Institute 85%
%age
Hall 15%
#REF!
£0.00
£0.00
**Meter 2**
**01-Jul**
**£1,195**
**£2,928**
**£4,151.74**
**£1,954**
Library+History+
Orchard
%age
2021 = 8
months
**Meter 3**
**01-Sep**
Drama stagelights
**Total**
**£5,563**
**£11,893**
**£16,545**
**£8,151**
2022budget overspend
£5,493|CIO- Electric cost profiles on 2year fixed
Renewal
2021 costs -
actual
2022 costs
projected
on
2021/2022
actuals
2023 costs
projected on
2021/2022
actuals
2024 costs to
renewal
**Meter 1**
**Institute + Hall**
**01-Jun**
**£4,368**
**£8,965**
**£12,393**
**£6,196.50**
Institute 85%
%age
Hall 15%
#REF!
£0.00
£0.00
**Meter 2**
**01-Jul**
**£1,195**
**£2,928**
**£4,151.74**
**£1,954**
Library+History+
Orchard
%age
2021 = 8
months
**Meter 3**
**01-Sep**
Drama stagelights
**Total**
**£5,563**
**£11,893**
**£16,545**
**£8,151**
2022budget overspend
£5,493|CIO- Electric cost profiles on 2year fixed
Renewal
2021 costs -
actual
2022 costs
projected
on
2021/2022
actuals
2023 costs
projected on
2021/2022
actuals
2024 costs to
renewal
**Meter 1**
**Institute + Hall**
**01-Jun**
**£4,368**
**£8,965**
**£12,393**
**£6,196.50**
Institute 85%
%age
Hall 15%
#REF!
£0.00
£0.00
**Meter 2**
**01-Jul**
**£1,195**
**£2,928**
**£4,151.74**
**£1,954**
Library+History+
Orchard
%age
2021 = 8
months
**Meter 3**
**01-Sep**
Drama stagelights
**Total**
**£5,563**
**£11,893**
**£16,545**
**£8,151**
2022budget overspend
£5,493|CIO- Electric cost profiles on 2year fixed
Renewal
2021 costs -
actual
2022 costs
projected
on
2021/2022
actuals
2023 costs
projected on
2021/2022
actuals
2024 costs to
renewal
**Meter 1**
**Institute + Hall**
**01-Jun**
**£4,368**
**£8,965**
**£12,393**
**£6,196.50**
Institute 85%
%age
Hall 15%
#REF!
£0.00
£0.00
**Meter 2**
**01-Jul**
**£1,195**
**£2,928**
**£4,151.74**
**£1,954**
Library+History+
Orchard
%age
2021 = 8
months
**Meter 3**
**01-Sep**
Drama stagelights
**Total**
**£5,563**
**£11,893**
**£16,545**
**£8,151**
2022budget overspend
£5,493|CIO- Electric cost profiles on 2year fixed
Renewal
2021 costs -
actual
2022 costs
projected
on
2021/2022
actuals
2023 costs
projected on
2021/2022
actuals
2024 costs to
renewal
**Meter 1**
**Institute + Hall**
**01-Jun**
**£4,368**
**£8,965**
**£12,393**
**£6,196.50**
Institute 85%
%age
Hall 15%
#REF!
£0.00
£0.00
**Meter 2**
**01-Jul**
**£1,195**
**£2,928**
**£4,151.74**
**£1,954**
Library+History+
Orchard
%age
2021 = 8
months
**Meter 3**
**01-Sep**
Drama stagelights
**Total**
**£5,563**
**£11,893**
**£16,545**
**£8,151**
2022budget overspend
£5,493|CIO- Electric cost profiles on 2year fixed
Renewal
2021 costs -
actual
2022 costs
projected
on
2021/2022
actuals
2023 costs
projected on
2021/2022
actuals
2024 costs to
renewal
**Meter 1**
**Institute + Hall**
**01-Jun**
**£4,368**
**£8,965**
**£12,393**
**£6,196.50**
Institute 85%
%age
Hall 15%
#REF!
£0.00
£0.00
**Meter 2**
**01-Jul**
**£1,195**
**£2,928**
**£4,151.74**
**£1,954**
Library+History+
Orchard
%age
2021 = 8
months
**Meter 3**
**01-Sep**
Drama stagelights
**Total**
**£5,563**
**£11,893**
**£16,545**
**£8,151**
2022budget overspend
£5,493| |---|---|---|---|---|---|---| ||CIO- Electric cost profiles on 2year fixed|||||| |||||||| |||Renewal|2021 costs -
actual|2022 costs
projected
on
2021/2022
actuals|2023 costs
projected on
2021/2022
actuals|2024 costs to
renewal| ||**Meter 1**|||||| ||**Institute + Hall**|**01-Jun**|**£4,368**|**£8,965**|**£12,393**|**£6,196.50**| ||Institute 85%|%age||||| ||Hall 15%||#REF!|£0.00|£0.00|| |||||||| ||**Meter 2**|**01-Jul**|**£1,195**|**£2,928**|**£4,151.74**|**£1,954**| ||Library+History+
Orchard|%age|2021 = 8
months|||| |||||||| ||**Meter 3**|**01-Sep**||||| ||Drama stagelights|||||| |||||||| |||||||| ||**Total**||**£5,563**|**£11,893**|**£16,545**|**£8,151**| |||||||| ||2022budget overspend|||£5,493||| ## 2021/22 Completed activity summary ## Completed 1. Institute – full internal decoration 2. Hall Stairs made safe 3. Hall external doors repainted 4. Washwell lane access gate Further investment made of around £8,000 5. New Bench in the field 6. Children’s play facility 7. Access to the field from the car park 8. Rewilding in the Field 9. Forest School 10. Jubilee 11. Services contract for Caretaker cover 12. Electricity contracts ## 2021/22 activities – still work in progress 1. Hall frontage uplift 2. Hall Centenary planning ## 3. Solar panels 4. New leases for Tenants 5. Individual electricity meters for all leased rooms ## 2021/22 Customers ## Regular customers up 15% with a diverse mix: - Film club, Dramatic club - U3A - History society, Wadhurst aloud - Ballet, Karate, Badminton, Tai chi - Cameo Club, Dementia café, Afternoon fellowship - Farmers market - Rug sale Teak sale Antiques sale Toy fair ## 2021/22 Main Hall usage ## Main Hall usage **----- Start of picture text -----**
70%
60%
59%
57%
53%
50% 50% 50%
47%
45%
42%
40%
38%
37%
34%
30%
20%
12%
10%
0%
August September October November December January February March April May June July
**----- End of picture text -----**
0% August September October November December ## Facilities issues ## Its not all sweetness and light though: - The Committee room cannot be hired as it is full of storage as everywhere else is full of customer items - The Orchard room usage is very low - Why - What is its purpose ## 2021/22 Summary The Committee met 6 times during the year and all the Trustees have contributed in delivering the CIO’s plans. Satisfying progress has continued on the remediation and modernisation of the facilities with the few remaining items being planned for 2022/23 Regular customers have increased and Hall utilisation is regularly above 40% Again, there are three people who deserve special mention for their significant contributions: - Roger Bishop – Infrastructure - Stuart Pocock – Treasurer and Hall Operations lead - Jemma Pantrey – ‘Caretaker’ extraordinaire ## Wadhurst Institute, Hall & Field CIO 2021/22 AGM End of Chairman’s report The purpose of the Charity is to run, maintain and preserve the Institute, Hall & Field for the benefit of the Community. This costs a lot and the Charity earns its money only through the leasing & hiring of the facilities so its over to Stuart Pocock, our Treasurer, to hear how it got on. Treasurer’s Report Year ending 31[st] December 2021 Stuart Pocock ## WADHURST INSTITUTE HALL AND FIELD Registered Charity No. 1169908 Report and Accounts for the Year Ended 31 December 2021 ## **Summary** - 2021 WI,H&F Accounts - Independent Examiner - Income & Expenditure - Significant items - 2022 YTD financial performance (cash) 114oÉiti*Épn Ex4AlW￿ RÉPORT TOTME TRUsTEEs￿TH£ Repffi totheTry￿ets of Wathtsrst Irst1t￿O HallAAd frxU*wrendod JI December 2021 (harltyl4) II699Crfsa ¢Xrt onthe woceedI￿Pa6es Independent Examiners Report Il* chx1vsTn￿ees C075w*rthai an audit is not required forthisyewluthgect¥)n 144 DI t 20111ts A(tl aTrjl￿t ￿ wthp•thrteAarr*Dation15 neEde i5 rnyfe5pon5i￿l￿tyto.' Exanwnethe (under Section 145 0fts￿ArtI To prlxethros lahldo¥m In the General thrttlons4Thtn bythe CharitycornmissTh (under se(tiM 145151 oftheA(tlandto stare*ttthef matter5 have ￿1¢ 10 m¥aTIwi￿n examinarion wa5 c0ritd<￿t ity *¢ord•rtewhth Geherèl (Ateciionselven tythe Chkrtty nmtssion. An iKlude5a re￿￿ofthe record5 kept bythe Charity and in cory¥1s(￿ of presented those fecryds. Ir a150 include5consk4eratknn of any W5ual itefD5orth$(k)￿ int￿¥¢(*￿*6•￿d Seek•1g*Apk•￿t￿ts frgm Ihe Trust•ts corKom Slgned Dated: l August 2022 ThÈ syttedlrn undertak￿n do prowje althe e4Ndenceihatwould be req￿1[ed in ¢onseq*nty, I do nDt wressan &dit oThtheaccounl ependent Exèmh*rs stèternerrt Mr G Khan ACMA G3J Limited 32 Ablnger Drive Redhill Surrey, RHI 6SY l. WhKh *v•S m* r*asonabl* cau50 ￿belIevethètth any ￿ter1* re5PE¢ the lrttstets ￿Ve nrt rfetthe re￿re￿￿ts ioensure rhat,. fvLVEr acr¢)untin8 re¢or¢S aT¢ kepi (ln se￿￿TI 130 ofthePKIl.. and acwums are eparel Which agreewthlhtxcwnfy¥reUffd5and￿ptywtsthe￿cp￿nr1n8 w*wents thE•rt.' or 2. To myoWwrn¥ttenVoThs￿O bedrawn In ¢4dei io prow ￿￿￿OrStandI￿Of D*ed: MrGKha￿￿ 32 Abirqer C*r Reohill 5urrry. RHI 6SY 2011 Z020 EXPENDITURE tEmployment C05 l Rates l LJ"ght and heat f Water Refuse collertèth) aeaning Telephone 17,118 2.742 11,343 1,684 2,357 578 339 479 14,959 1,9S2 9.114 792 2.1411 1.394 751 159 2.612 Income & Expenditure Insuran Webg"te, marketin8 and advertising uCen￿ and subscripttons l Le8al and professional feès l Repalfs, malntenance and Proieas Miscellaneous Paypal fees Depredation utslity Recoverles 2.638 346 350 2.808 17,994 12 49 1.514 .5.870 soi 5,249 39,674 37 GENERAL FUND 2011 INCOME l Renta t Malla8ed Servlces t Hirin85 8ank interest recelved 8ank compensation received t Grants and tjonations SundTbÈS 38.031 5.625 8,824 39.488 1,410 -3,801 4.648 65 56.481 77,044 16.097 11,334 87 55fi22 t SURPWSIIDEHCM for the year 12,102 .21.42Z 68,583 Balance at l January 69,374 90.796 IDeficitltsurplus for the year Transfer from New Hall Fund 11102 -21.422 t Bala[￿ as at 31 Decernber 81.476 69.374 ## **2022 YTD 31[st] July Financial (cash) Performance** 31[st] Dec 2021 • **Cash balance £82,261** ---------------------------------------------- 31[st] July 2022 - Reserve Account £70,707 - • Current Account £12,741 **£83,448** ---------------------------------------------- Tuesday 16[th] August - Reserve Account £70,680 _(inline with WI,H&F reserves policy)_ - • Current Account £24,033 **£94,723** Treasurer's Report ANY QUESTIONS ## Wadhurst Institute, Hall & Field CIO 2021/22 AGM Election of Trustees Record current of User Bodies ## Election of Trustees - Sarah Niell resigned in June - No applications to become a trustee were received prior to the AGM To re-elect the following persons as Trustees under clause 10.4 of the Constitution, to serve until the end of the next AGM: - Roger Bishop - Serena Gadd - Patricia Hay - Karen Neal - Stuart Pocock - Robert Stovell - Andrea Tincombe ## Note of current User Bodies - The Sarah Niell resigned in June - No applications to become a trustee were received prior to the AGM To re-elect the following persons as Trustees under clause 10.4 of the Constitution, to serve until the end of the next AGM: - Roger Bishop - Serena Gadd - Patricia Hay - Karen Neal - Stuart Pocock - Robert Stovell - Andrea Tincombe ## Wadhurst Institute, Hall & Field CIO ## 2021/22 AGM Appointment of the Examiner- Gulshan Khan Stuart Pocock ## Wadhurst Institute, Hall & Field CIO 2021/22 AGM Any Other Business None received prior to the meeting ## Wadhurst Institute, Hall & Field CIO 2021/22 AGM Closing statement WADHURST INSTITUTE HALL AND FIELD Registered Charity No. 1169908 Report and Accounts for the Year Ended 31 December 2021 WADHURST INSTITUTE HALL AND FIELD Registered Charity No. 1169908 Content of the Report and Accounts forthe Year ended 31 December 2021 Page Report of the Independent Examiner Income and Expenditure Account Balance Sheet Notes to the Accounts INDEPENDENT EXAMINER5 REPORTTOTHETRUSTEES OFTHE WADHURST INsnTUTE HALL AND FIELD (Registered Charity No. 11699081 For the year ended 31 December 2021 Report to the Trustees of Wadhurst Institute Hall and Field for the year ended 31 December 2021 Charity No 1169908 set out on the proceeding page5 Respective Responsibilities of Trustees and Examiner The Charity'5 Trustees consider that an audit is not required for thls year (under section 144 of the Charities Act 2011 Ithe Artl and that an independent examination is needed It is my responsibility to.. Examine the accounts (under section 145 of the Actl To follow procedures laid down In the General Directions given by the Charity Commission (under sertion 145151 of the Act) and to state whether matters have come to my attention Basis of independent examinerfs statement My examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and in comparison, of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the Trustees concerning any such matters. The procedure5 undertaken do not provide all the evidence that would be required in an audit, and consequently, I do not express an audit opinion on the accounts. Independent Examiners statement In the course of my examination, no matter has come to my attention: l. Which give5 me reasonable cause to believe that in any rraterial respect, the Trustees have not met the requirement5 to ensure that: Proper accountin8 records are kept lin accordance with section 130 of the Act),. and accounts are prepared which agree with the accounting records and comply wlthin the atcountSng requlrements of the Act,. or 2. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached Signed Dated: l August 2022 Mr G Khan ACMA G3J Limited 32 Abinger Drive Redhill Surrey, RHI 6SY Page I WADHVRST INSTITUTE HALLAND FIELD Registered char￿ No. 1169908 INCOME AND EXPENDITURE FOR THE YEAR ENDED 311)ECEMBER 2021 GENERAL FUND zozi 2020 INCOME Rentals Managed Services Hirings B3nk interest received B3nk cornpensation received Grants and Donations Sundries 38,031 5,625 8,824 39,488 4,648 65 16,097 11,334 87 55,622 68,583 EXPENDITURE Employrnent cost5 Rates Light and heat Water Refuse collection Cleaning TÈlephone Hall wtli Insurance5 Web51te, marketing and advert15inE Licences and sub5CriPtions Legal and professional fees Repairs, maintenance and Projerts Miscellaneous Paypal fees DÈpreciation utility Recoveries 17,118 2,742 11.343 1,684 2.357 578 339 479 2,638 346 350 2,808 17,994 12 49 1.514 -5,870 14.959 1,952 9,114 792 2,141 1.394 751 159 2.612 i(x) 501 5,249 39.674 37 1,410 -3,801 56,481 77,044 SLIRPLUSIIDEFICITI forthE year 12,102 -21.422 Balance at l January 69,374 90,796 IDeficltl/SuTplus for the year T¥ansfer from New Hall Fund 12.102 -21,422 8alaThce as at 31 Decernber 81,476 69.374 Page 2 WADHUR5T INSTITUTE HALLAND FIELD Reglstered Charfty No. 1169908 BALANCE SHEET ASAY 31 DECEMBER Z021 Notes 2021 2020 FlJt¢d Assets Freehold premises at Insured Value 3.123,712 3,123,712 Annexe refurbishrnent at cost Institute refurbishrnept at cost 53,769 6,892 60,661 -60,661 53,769 6.892 60,661 -60,661 Less.. Depreciation of refurbishments Equiprnpnt at cost Less.. depretiarion 6,053 4,176 5,641 -2,662 1,877 2,979 Net botskvalue of Fixed Assets 3,125,589 3,126.691 Cu¥rent Assets Debtors and prepayments Qsh at bank and in hand 6,393 82,261 7,530 69,928 88,654 77.458 Current Liabililles Creditors and accruals 9,055 11,063 Net current a55ets 79.599 66,395 Totsl Net Assets 3.205,188 3,193,086 REPRESENTED BY: Premise5 valuatlDn reserwe General Fund 3.123,712 81,476 3.123,712 69,374 3,205.188 3.193.086 Slgned.. Dated= ON BEHALF OFTHE BOARD OFTRUSTEES Page 3 WADHURST INSTITUTE HAtL AND FIELD Registered Charity No. 1169908 NOTESTO THE ACCOUNTS 31 DECEMBER 2021 TANGIBLE FIXED ASSETS Property Commemoratlon Hall nstitute Cricket Pavilion Bowls Pavilion Playing Field Acquired 1923 1904 1,958,9(x) 761,894 217,549 185,369 1921 Not valued 3,123,712 The tost of the above assets is not ascertainal)le and in the absence of a market valuation they are recorded at their current insured value. Any surplus arising has been credited to the Premises Valuation Reserve. Refurbishment of Annexe COST At l January 2021 53,769 DEPRECIATION At I january 2021 53,769 NET BOOK VALUE At 31 December 2021 NIL At 31 December 2020 NIL Refurbishment of Institute COST At l January 2021 6.892 DEPRECIATION At l January 2021 6,892 NET BOOK VALUE At 31 December 2021 NIL At 31 December 2020 NIL Page 4 WADHURST INSTITUTE HALLAND FIELD Registered Charlty No. 1169908 NOTES TO THE ACCOUNT5 31 DECEMBER 2021 continued Sound System Celllng fans Equipment COST At l January 2021 Additions At 31 December 2021 Total 3,004 412 3,416 2637 5,641 412 6,053 2,637 DEPRECIATION At l January 2021 Charge fDr the year At 31 December 2021 2,003 855 2.858 659 659 1,318 2,662 1,514 4.176 NET BOOKVALUE At 310ecember 2021 558 1,319 1.877 At 31 Oecember 2020 I,ooi 1,978 2,979 Dèbtors and Prepayments 2021 2020 Rents Managed Servitrs Hiring5 Recoveries 4.872 1,250 126 145 6,393 7,018 512 7,530 Cash at Bank and in Hand 2021 2020 Current account Reserve account Cash 11,578 70,683 9,251 60.677 82,261 69,928 CretSitors and accruals 2021 2020 Rent prepaid Recoveries prepaid Cost accruals 6,795 8.563 2,000 500 11.063 2.260 9,055 Page 5 WADHURST INSTITUTE HALL AND FIELD Registered Charity No. 1169908 Report and Accounts for the Year Ended 31 December 2021 WADHURST INSTITUTE HALL AND FIELD Registered Charity No. 1169908 Content of the Report and Accounts forthe Year ended 31 December 2021 Page Report of the Independent Examiner Income and Expenditure Account Balance Sheet Notes to the Accounts INDEPENDENT EXAMINER5 REPORTTOTHETRUSTEES OFTHE WADHURST INsnTUTE HALL AND FIELD (Registered Charity No. 11699081 For the year ended 31 December 2021 Report to the Trustees of Wadhurst Institute Hall and Field for the year ended 31 December 2021 Charity No 1169908 set out on the proceeding page5 Respective Responsibilities of Trustees and Examiner The Charity'5 Trustees consider that an audit is not required for thls year (under section 144 of the Charities Act 2011 Ithe Artl and that an independent examination is needed It is my responsibility to.. Examine the accounts (under section 145 of the Actl To follow procedures laid down In the General Directions given by the Charity Commission (under sertion 145151 of the Act) and to state whether matters have come to my attention Basis of independent examinerfs statement My examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and in comparison, of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the Trustees concerning any such matters. The procedure5 undertaken do not provide all the evidence that would be required in an audit, and consequently, I do not express an audit opinion on the accounts. Independent Examiners statement In the course of my examination, no matter has come to my attention: l. Which give5 me reasonable cause to believe that in any rraterial respect, the Trustees have not met the requirement5 to ensure that: Proper accountin8 records are kept lin accordance with section 130 of the Act),. and accounts are prepared which agree with the accounting records and comply wlthin the atcountSng requlrements of the Act,. or 2. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached Signed Dated: l August 2022 Mr G Khan ACMA G3J Limited 32 Abinger Drive Redhill Surrey, RHI 6SY Page I WADHVRST INSTITUTE HALLAND FIELD Registered char￿ No. 1169908 INCOME AND EXPENDITURE FOR THE YEAR ENDED 311)ECEMBER 2021 GENERAL FUND zozi 2020 INCOME Rentals Managed Services Hirings B3nk interest received B3nk cornpensation received Grants and Donations Sundries 38,031 5,625 8,824 39,488 4,648 65 16,097 11,334 87 55,622 68,583 EXPENDITURE Employrnent cost5 Rates Light and heat Water Refuse collection Cleaning TÈlephone Hall wtli Insurance5 Web51te, marketing and advert15inE Licences and sub5CriPtions Legal and professional fees Repairs, maintenance and Projerts Miscellaneous Paypal fees DÈpreciation utility Recoveries 17,118 2,742 11.343 1,684 2.357 578 339 479 2,638 346 350 2,808 17,994 12 49 1.514 -5,870 14.959 1,952 9,114 792 2,141 1.394 751 159 2.612 i(x) 501 5,249 39.674 37 1,410 -3,801 56,481 77,044 SLIRPLUSIIDEFICITI forthE year 12,102 -21.422 Balance at l January 69,374 90,796 IDeficltl/SuTplus for the year T¥ansfer from New Hall Fund 12.102 -21,422 8alaThce as at 31 Decernber 81,476 69.374 Page 2 WADHUR5T INSTITUTE HALLAND FIELD Reglstered Charfty No. 1169908 BALANCE SHEET ASAY 31 DECEMBER Z021 Notes 2021 2020 FlJt¢d Assets Freehold premises at Insured Value 3.123,712 3,123,712 Annexe refurbishrnent at cost Institute refurbishrnept at cost 53,769 6,892 60,661 -60,661 53,769 6.892 60,661 -60,661 Less.. Depreciation of refurbishments Equiprnpnt at cost Less.. depretiarion 6,053 4,176 5,641 -2,662 1,877 2,979 Net botskvalue of Fixed Assets 3,125,589 3,126.691 Cu¥rent Assets Debtors and prepayments Qsh at bank and in hand 6,393 82,261 7,530 69,928 88,654 77.458 Current Liabililles Creditors and accruals 9,055 11,063 Net current a55ets 79.599 66,395 Totsl Net Assets 3.205,188 3,193,086 REPRESENTED BY: Premise5 valuatlDn reserwe General Fund 3.123,712 81,476 3.123,712 69,374 3,205.188 3.193.086 Slgned.. Dated= ON BEHALF OFTHE BOARD OFTRUSTEES Page 3 WADHURST INSTITUTE HAtL AND FIELD Registered Charity No. 1169908 NOTESTO THE ACCOUNTS 31 DECEMBER 2021 TANGIBLE FIXED ASSETS Property Commemoratlon Hall nstitute Cricket Pavilion Bowls Pavilion Playing Field Acquired 1923 1904 1,958,9(x) 761,894 217,549 185,369 1921 Not valued 3,123,712 The tost of the above assets is not ascertainal)le and in the absence of a market valuation they are recorded at their current insured value. Any surplus arising has been credited to the Premises Valuation Reserve. Refurbishment of Annexe COST At l January 2021 53,769 DEPRECIATION At I january 2021 53,769 NET BOOK VALUE At 31 December 2021 NIL At 31 December 2020 NIL Refurbishment of Institute COST At l January 2021 6.892 DEPRECIATION At l January 2021 6,892 NET BOOK VALUE At 31 December 2021 NIL At 31 December 2020 NIL Page 4 WADHURST INSTITUTE HALLAND FIELD Registered Charlty No. 1169908 NOTES TO THE ACCOUNT5 31 DECEMBER 2021 continued Sound System Celllng fans Equipment COST At l January 2021 Additions At 31 December 2021 Total 3,004 412 3,416 2637 5,641 412 6,053 2,637 DEPRECIATION At l January 2021 Charge fDr the year At 31 December 2021 2,003 855 2.858 659 659 1,318 2,662 1,514 4.176 NET BOOKVALUE At 310ecember 2021 558 1,319 1.877 At 31 Oecember 2020 I,ooi 1,978 2,979 Dèbtors and Prepayments 2021 2020 Rents Managed Servitrs Hiring5 Recoveries 4.872 1,250 126 145 6,393 7,018 512 7,530 Cash at Bank and in Hand 2021 2020 Current account Reserve account Cash 11,578 70,683 9,251 60.677 82,261 69,928 CretSitors and accruals 2021 2020 Rent prepaid Recoveries prepaid Cost accruals 6,795 8.563 2,000 500 11.063 2.260 9,055 Page 5