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2024-03-31-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 2023/24

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, a Choir, Bowls and Badminton Clubs plus there are Keep Fit, Slimming World and Dancing Classes every weekday.

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

Casual user events such as Music Festivals, Drama Productions, Concerts and art and craft shows also help to make the Victory Hall a lively social community meeting place, The Hall is also regularly used by Blood donors and for Local and General Elections. The Hall has also been used for a number of Wedding receptions over the past year. It is estimated that normally over 1500 people use the hall each week.

The financial report ending 31st March 2024 shows that bookings have recovered to pre-covid levels. Our financial position remains healthy with income generally exceeding expenditure each month.

Projects completed during the year include the following:

Replacement of all hall fluorescent lighting with LED fixtures New stacking chairs for the Main Hall and Bartholomew Room Installation of 2 additional CCTV Cameras Erection of fencing at rear of car park and additional groundworks Alterations to the drainage and layout of the rear gent’s toilet and conversion to a unisex facility.

Our Last Night of the Proms Fundraiser in September raised over £1,100 and in February we had a concert with the Band of the Hampshire Constabulary which raised a further £950. Our fundraising for the accessible toilet project continues with an initial crowdfunding campaign raising over £900. We have also received generous offers of funding, in support of this project, from the Warsash residents Association and the Solent Singers. We expect to run further crowdfunding campaigns in the coming months and are exploring other funding sources for this project.

Overall, the Trustees feel the Hall 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.

The Trustees will continue to progress further improvements to the Hall’s fabric and facilities.

Derrick McNeill Chairman Victory Hall Management Committee 9th May 2024

Email: manager@victoryhall.org.uk

Website: www.victoryhall.org.uk

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 to the trustees on my examination of the accounts of the The Victory Hall Management Committee Trust (the Trust)for the year ended 31 March 2024, which are set out on pages 2 to 3.

Responsibilites and basis of reprort

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 giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect to the Trust as required by section 130 of the Act; or

  2. the accounts do not accord with those records.

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 10 May 2024

Page 1 of 3

VICTORY HALL MANAGEMENT COMMITTEE 31 MARCH 2024

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024

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
17,102
7,422
4,474
11,897
5,205
73,963
745
3,170
1,628
79,506
84,711
25,585
5,189
3,821
1,223
1,242
930
12,404
24,731
135
177
1,157
1,400
2,276
305
300
35
528
31,045
69,033
£15,678
2023/24
£
£
15,135
6,173
4,334
10,508
4,628
68,952
2,003
1,325
270
72,549
77,177
23,362
4,623
3,609
1,051
976
1,067
11,325
42,210
43
4
1,275
2,065
149
275
35
347
46,403
81,090
£(3,913)
2022/23

Page 2 of 3

VICTORY HALL MANAGEMENT COMMITTEE 31 MARCH 2024

BALANCE SHEET AS AT 31 MARCH 2024

CURRENT ASSETS
Cash in Hand
Bank Account
Charities Official Investment Fund
VAT
CAPITAL ACCOUNT
Accumulated balance at 1 April
Plus/(less) excess/(defecit) of income over payments
Accumulated balance at 31 March
2023/24
£
325
20,546
40,513
487
61,871
46,193
15,678
£61,871
2022/23
£
170
16,194
28,885
944
46,193
50,106
(3,913)
£46,193

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 to the trustees on my examination of the accounts of the The Victory Hall Management Committee Trust (the Trust)for the year ended 31 March 2024, which are set out on pages 2 to 3.

Responsibilites and basis of reprort

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 giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect to the Trust as required by section 130 of the Act; or

  2. the accounts do not accord with those records.

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 10 May 2024

Page 1 of 3

VICTORY HALL MANAGEMENT COMMITTEE 31 MARCH 2024

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024

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
17,102
7,422
4,474
11,897
5,205
73,963
745
3,170
1,628
79,506
84,711
25,585
5,189
3,821
1,223
1,242
930
12,404
24,731
135
177
1,157
1,400
2,276
305
300
35
528
31,045
69,033
£15,678
2023/24
£
£
15,135
6,173
4,334
10,508
4,628
68,952
2,003
1,325
270
72,549
77,177
23,362
4,623
3,609
1,051
976
1,067
11,325
42,210
43
4
1,275
2,065
149
275
35
347
46,403
81,090
£(3,913)
2022/23

Page 2 of 3

VICTORY HALL MANAGEMENT COMMITTEE 31 MARCH 2024

BALANCE SHEET AS AT 31 MARCH 2024

CURRENT ASSETS
Cash in Hand
Bank Account
Charities Official Investment Fund
VAT
CAPITAL ACCOUNT
Accumulated balance at 1 April
Plus/(less) excess/(defecit) of income over payments
Accumulated balance at 31 March
2023/24
£
325
20,546
40,513
487
61,871
46,193
15,678
£61,871
2022/23
£
170
16,194
28,885
944
46,193
50,106
(3,913)
£46,193

Page 3 of 3