OpenCharities

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

2022-03-31-accounts

Warsash READING ROOM

AND Victory Hall Reg. Charity: 1171803

Chairman: Mr D McNeill Treasurer: Mr B Russell Secretary:

27 Warsash Road Warsash SO31 9HW Telephone: 01489 572913

Annual Report of the Trustees of the Warsash Victory Hall 2021/22

In line with the objectives in the Hall’s constitution, the Victory Hall Charity continues to provide and maintain the building for the use of the inhabitants of Hook and Warsash, without distinction of political, religious or other opinions, with the object of improving the conditions of life for the said inhabitants.

Several activities can take place at the same time due to the layout of the building. Regular users include Slimming World, Senior Citizens Luncheon Club, two Choirs, Bowls and Badminton Clubs plus there are Keep Fit and Dancing Classes every weekday.

Other Clubs have regular monthly bookings, i.e., Women’s Institute, Flower Club, Horticultural Society, Warsash Residents' Association and U3A.

Casual user events such as Music Festivals, Drama Productions, Concerts and Jumble Sales also help to make the Victory Hall a lively social community meeting place, The Hall is also regularly used for Local and General Elections. It is estimated that normally over 1500 people use the hall each week.

The financial report ending 31st March 2022 shows that bookings have recovered to pre-covid levels. Government grants again meant we did not have to use any of our reserves to fund our operation. Our financial position remains healthy, despite the lower than normal income and a number of projects being completed in the past year.

Projects completed during the year include the following:

New shelving and decoration in the Bar Store Room Fitting of automatic door closures to the Kitchen and stage doors Decoration in the Newbury Room Decoration in the rear corridor Decoration and new flooring in the rear gent’s toilet New Victory Hall Web Site following the withdrawal of the free BT service Pruning and tree removal to the front of the Hall.

Covid restrictions were relaxed from 17[th] May 2021 and all restrictions were removed in February 2022. The past year has seen a continuous recovery with almost all hirers back to their normal schedules and numbers.

Our governance arrangements with sub committees for Building and Maintenance, Finance and Marketing continues to work well,

Website: www.victoryhall.org.uk

Email: manager@victoryhall.org.uk

Overall, the Trustees feel the Hall has coped well with all the covid restrictions and is in a very good position to move forward over the coming years. The Trustees would like to thank the Hall Manager Karen, for all her hard work over the past year dealing with the various covid issues.

The Trustees will continue to progress further improvements to the Hall’s fabric and facilities and will undertake further fund raising and look for grant applications to allow this to proceed. Future projects include extending the front of the Hall to include a new disabled toilet and repairs to the access road at the side of the Hall.

Derrick McNeill

Chairman Victory Hall Management Committee 4th May 2022

ACA Jacky Gregory

CHARTERED ACCOUNTANTS

Church Lodge, Church Road, Warsash, Southampton SO31 9GF Telephone: 01489 885491 E-mail: jagregory@talk21.com

Independent examiner’s report to the trustees of The Victory Hall Management Committee

I report on the accounts of the Trust for the year ended 31 March 2022, which are set out on pages 2 to 3.

Respective responsibilities of trustees and examiner

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act").

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Jacky Gregory Chartered Accountant 14 July 2022

Page 1 of 3

VICTORY HALL MANAGEMENT COMMITTEE 31 MARCH 2022

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022

RECEIPTS
Bar Trading Account
Sales
Less:
Purchases
Wages
Bar Profit/(Loss)
Lettings
Grants/Donations
Other Income
Interest Received
TOTAL INCOME
PAYMENTS
Salaries and Wages
Utilities:
Gas
Electricity
Water Rates
Waste
Telephone
Overheads:
Maintainence & renewals
Advertising
Bank charges
Dues and Subscriptions
Honoraria
Insurance
Printing & stationery
Audit fee
Professional Fees
Sundries
TOTAL EXPENDITURE
EXCESS OF INCOME OVER EXPENSES
£
£
3,699
2,297
861
3,158
541
45,100
13,680
1,424
13
60,218
60,759
19,282
2,434
2,423
886
543
1,134
7,420
19,740
42
1,319
700
2,040
209
269
35
398
24,752
51,453
£9,306
2021/22
£
£
10
572
85
657
647
-
11,379
23,979
340
75
35,773
35,126
16,958
1,941
1,359
604
888
867
5,658
30,607
32
153
583
1,300
2,149
85
250
35
318
35,510
58,127
£(23,001)
2020/21

Page 2 of 3

VICTORY HALL MANAGEMENT COMMITTEE 31 MARCH 2022

BALANCE SHEET AS AT 31 MARCH 2022

CURRENT ASSETS
Cash in Hand
Bank Account
Charities Official Investment Fund
VAT
CAPITAL ACCOUNT
Accumulated balance at 1 April
(Less)/Plus defecit/excess of income over payments
Accumulated balance at 31 March
2021/22
£
110
20,329
28,615
1,051
50,106
40,800
9,306
£50,106
2020/21
£
95
11,449
28,602
653
40,800
63,801
23,001
-
£40,800

Page 3 of 3

ACA Jacky Gregory

CHARTERED ACCOUNTANTS

Church Lodge, Church Road, Warsash, Southampton SO31 9GF Telephone: 01489 885491 E-mail: jagregory@talk21.com

Independent examiner’s report to the trustees of The Victory Hall Management Committee

I report on the accounts of the Trust for the year ended 31 March 2022, which are set out on pages 2 to 3.

Respective responsibilities of trustees and examiner

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act").

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Jacky Gregory Chartered Accountant 14 July 2022

Page 1 of 3

VICTORY HALL MANAGEMENT COMMITTEE 31 MARCH 2022

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022

RECEIPTS
Bar Trading Account
Sales
Less:
Purchases
Wages
Bar Profit/(Loss)
Lettings
Grants/Donations
Other Income
Interest Received
TOTAL INCOME
PAYMENTS
Salaries and Wages
Utilities:
Gas
Electricity
Water Rates
Waste
Telephone
Overheads:
Maintainence & renewals
Advertising
Bank charges
Dues and Subscriptions
Honoraria
Insurance
Printing & stationery
Audit fee
Professional Fees
Sundries
TOTAL EXPENDITURE
EXCESS OF INCOME OVER EXPENSES
£
£
3,699
2,297
861
3,158
541
45,100
13,680
1,424
13
60,218
60,759
19,282
2,434
2,423
886
543
1,134
7,420
19,740
42
1,319
700
2,040
209
269
35
398
24,752
51,453
£9,306
2021/22
£
£
10
572
85
657
647
-
11,379
23,979
340
75
35,773
35,126
16,958
1,941
1,359
604
888
867
5,658
30,607
32
153
583
1,300
2,149
85
250
35
318
35,510
58,127
£(23,001)
2020/21

Page 2 of 3

VICTORY HALL MANAGEMENT COMMITTEE 31 MARCH 2022

BALANCE SHEET AS AT 31 MARCH 2022

CURRENT ASSETS
Cash in Hand
Bank Account
Charities Official Investment Fund
VAT
CAPITAL ACCOUNT
Accumulated balance at 1 April
(Less)/Plus defecit/excess of income over payments
Accumulated balance at 31 March
2021/22
£
110
20,329
28,615
1,051
50,106
40,800
9,306
£50,106
2020/21
£
95
11,449
28,602
653
40,800
63,801
23,001
-
£40,800

Page 3 of 3