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2021-03-31-accounts

07-Apr-21
9:59pm
East Budleigh with Bicton Village Hall
(CIO Charity No. 1171367)
Receipts & Payments Statement
Year Ending 31st March 2021
TOTAL ACTUAL TODATE
Year Ending 31st March 2021
TOTAL ACTUAL TODATE
Year Ending 31st March 2021
TOTAL ACTUAL TODATE
2019-20 VILLAGE
HALL
New Hall
Development
Grants
TOTAL
8,901.50
1,508.00
2,598.00
1,064.00
Rental Income - General
Bowls Club
Snooker Club
Football & Supporters Club
1,060.00
64.00
1,082.12
156.00
1,060.00
64.00
1,082.12
156.00
14,071.50
0.00
11,825.00
0.00
2,382.90
Total Rental Income
Coronavirus Grant - East Devon Council
Grants - Hall Development
Donations - General
Fund Raising
2,362.12
10,000.00
0.00
0.00
0.00
2,362.12
10,000.00
0.00
0.00
0.00
Note 1.
Note 2.
28,279.40 Total Bank Receipts
Bank and B.SocietyInterest
12,362.12
412.33
12,362.12
412.33
534.67
28,814.07 Total Receipts 12,774.45 0.00 12,774.45
908.41
1,026.00
304.50
509.39
187.00
1,407.14
1,745.21
1,440.00
4,200.00
3,127.02
807.98
360.48
137.99
5,051.63
0.00
100.00
0.00
0.00
Electric - Opus Energy
Gas - Yorkshire Gas
Water
Internet/Broadband
Hallmaster System
Insurance
Repairs & Maintenance
Hall & Stage Painting
Hall Management
Cleaning Costs
Grounds Maintenance
Licences & Safety Certificates
Administration
Village Green Expenditure
Capital Expenditure
Donations
Corona Virus Costs
Hall Redevelopment
634.21
87.29
337.00
361.61
224.40
1,128.03
1,017.87
0.00
4,200.00
1,347.00
1,008.00
0.00
320.00
0.00
0.00
0.00
427.69
1,008.00
634.21
87.29
337.00
361.61
224.40
1,128.03
1,017.87
0.00
4,200.00
1,347.00
1,008.00
0.00
320.00
0.00
0.00
0.00
427.69
1,008.00
21,312.75 Total Payments 12,101.10 0.00 12,101.10
7,501.32 Surplus/ (Deficit) 673.35 0.00 673.35
Accumulated Funds
46,285.00
7,501.32
Balance B/Fwd.
Surplus/(Deficit)for Year
41,961.32
11,825.00
673.35
0.00
53,786.32
673.35
53,786.32 Note 3 Balance C/Fwd. 42,634.67 11,825.00 54,459.67
Assets
2.00
28,257.68
25,216.15
310.49
Freehold Property
Lloyds Bank
Redwood Bank One Year Bond 1.0%
Bar Stock
2.00
29,215.67
25,122.00
120.00
53,786.32 Balance C/Fwd. 54,459.67
Notes

A 'Corona Virus Grant of £10,000 was received from East Devon Council in June 2020.

These 2021 Accounts reflect the receipt of unpaid rents at the time of closure and the continuing costs of maintenance.

  1. Having completed major improvements to the Village Green playground,the Hall Committee have been looking at further ways of developing and improving the Village Hall facilities.In 2019/20 a grant of £9,825 was received from the Lottery Fund and £2,000 from the David Gibbons Trust.

  2. In 2018-19,theVillage Hall Committee allocated £10,000 to the Village green playground project.As the scheme was completed in 2019-20,the unspent balance( £7,865) was transferred back to the Village Hall on 31st March 2020.

Village Hall Treasurer : Frances Allan

Date : 04/04/2021

Report of the Examiner to the Trustees of East Budleigh With Bicton Village Hall

I have examined, without carrying out an audit, the Receipts and Payments Statement for the Y.E. 31st March 2021 and the Assets and Liabilities Statement as at 31st March 2021 from the records and information given me and certify them to be in accordance therewith.

Selina Laws Date :

Apr-21

East Budleigh with Bicton Village Hall AGM: 27[th] April 2021 @ 5.00pm Village Hall Chairman’s Report

I finished my report for the AGM last year on a positive note, and though as of today, there is still a degree of uncertainty about the coming months and rest of the year, I nevertheless still feel a considerable degree of positivity about the Village Hall going forward.

All of the Trustees, and our Hall Manager in particular, have had to manage a somewhat difficult situation over the last few months with opening and subsequently closing the Hall, with virtual meetings in some trying times and managing the occasional difficult issues.

However as I look forward to the AGM and the start of a new period for the Hall, there are several encouraging themes. The role of Treasurer, so critical to the success of the Hall, has been very capably filled by Frances Allan and my best wishes go to her for the future.

The planning for potential renovation of the Hall, based upon a collective view from our community, proceeds well and provides a very positive view of the future of the Hall and it’s uses.

The financial situation remains robust given the somewhat precarious nature of our income over the past year, and is a credit to the prudent approach taken for some time now.

New Trustees are being appointed, bringing different skill sets to the competency base of the Trustee group, and some fresh ideas and initiatives.

The end of the lockdown will see a return to the social and entertainment agenda for the Hall and the return of the support from our user groups, together with some new faces.

This is all excellent and whilst I will be standing down from the Chair position at the AGM, after 3 years which have been challenging, yet very rewarding and interesting, I look forward to seeing the continued success of East Budleigh with Bicton Village Hall.

East Budleigh with Bicton Village Hall CIO Charity 1171367 Year Ended 31[st] March 2021

Treasurer’s Report and Adoption of Annual Accounts

Village Hall Receipts – Rental income

The Village Hall has been closed for a significant part of the year due to Covid 19, which has severely impacted income from rental, falling to £2362 from £14,071 in 2019-2020.

Grants and Fund Raising

A ‘Coronavirus’ grant of £10,000 was received from East Devon Council in June 2020. There have been no fundraising activities this year due to Covid 19 and Hall closures.

Redwood Bank Bond Interest

The one year £25,000 investment at 1.85% interest with Redwood Bank matured in October 2020 and the interest of £506.48 was transferred to the Lloyds Bank account. The £25,000 was re-invested in Redwood Bank at an interest rate of 1%.

Restricted Funds

Having completed major improvements to the Village Green playground, the Hall committee have been looking at ways of developing and improving the Village Hall facilities. In 2019/20 Restricted fund grants of £9,825 was received from the Lottery fund and £2000 from the David Gibbons Trust.

Village Hall Payments

Despite the closures of the Hall the normal expenditure has continued for Utilities, maintenance and cleaning. Cleaning schedules have needed to be enhanced for the periods when the Hall has been open due to Covid 19 regulations, and there have been additional costs for signage associated with this. There have been no Capital costs this year. There has been spending towards the redevelopment on land and drainage surveys so far this year of £1,008. Total payments for the year have been £12,101.10.

Surplus/Deficit for the Year

The Village Hall finished the year with a small surplus of £673 thanks largely to the East Devon grant of £10,000. Excluding the Restricted Fund development grants (£11,825), the Hall funds stand at £42,634.67. However, continuing closures of the Hall in FY 21/22 due to Covid 19 will potentially lead to a deficit next year if there are no further grants available.

Frances Allan April 2021 Treasurer