2024-12-31-accounts

WALBERSWICK VILLAGE HALL

Registered Charity No 1173018

Income and Expenditure Account for the period 1[st] January 2024 to 31[st] December 2024

NB all amounts stated to the nearest £.

UNRESTRICTED FUNDS – GENERAL

RECEIPTS Rent Hire Equipment Car Parking Fund Raising (net proceeds) Village Fete (net proceeds) Grants Donations Gift Aid Grants Walberswick Common Lands Charity Interest (Barclays/Coop) Insurance Claims Miscellaneous Transfer from Deposits Sub-Total Receipts Transfer from Restricted Fund Total Receipts Excess of Payments over Receipts	Notes A B C	2024	2023		EXPENDITURE Maintenance Contractor Cleaning Contractor Cleaning Materials Electricity Water & Sewage Insurance Equipment & Furnishing Maintenance Buildings Electrical Installations & Repairs Fire Equipment Maintenance Car Park Licences (Performing Rights etc) Sundries & Stationery Miscellaneous Sub-Total Payments Transfer to Restricted Fund Total Payments Excess of Receipts over Payments	Notes D E F G H H	2024	2023
		£	£				£	£
		9,691	9,475				1,941	1,920
		0	0				1,654	1,453
		1,920	2,240				126	0
		1,186	2,581				2,961	2,894
		4,800	8,500				0	0
		0	0				1,349	1,315
		40	50				51	210
		0	0				143	2,564
		3,000	3,000				5,351	3,172
		710	625				282	102
		0	0				22,102	1,460
		315	82				755	616
		0	0				577	576
							675	1,040
		21,662	26,553				37,967	17,322
		0	0				0	0
		21,662	26,553				37,967	17,322
		-	-				(16,304)	9,231
		21,662	26,553				21,662	26,553

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WALBERSWICK VILLAGE HALL Registered Charity No 1173018

RESTRICTED FUNDS – RESIDUAL LUNCH CLUB FUNDS (Note K on page 6 refers)

RECEIPTS Loans Donations Gift Aided Donations Gift Aid Total Receipts Excess of Payments over Receipts	Notes	2024	2023		EXPENDITURE Printing & Postage Contractors Fittings Sundries Total Payments Excess of Receipts over Payments Transfer to Unrestricted Funds	Notes	2024	2023
		£	£				£	£
		0	0				0	0
		0	0				0	0
		0	0				0	0
		0	0				0	0
		0	0				0	0
		-	-				-	-
								0
		0	0					0

DEPOSITS HELD – BOOKINGS, DAMAGES & CAR PARK ACCESS REMOTE CONTROLS

DEPOSITS HELD AT 31/12 Booking & Damages Deposits Car Park Deposits TOTAL	Notes	2024 £ 900 1,025 1,925	2023
			£
			800
			1,025
			1,825

NET RECEIPTS/(PMTS) Hire Deposits Car Park Deposits Sub-Total Transfer to Un- Restricted Fund Total Balance Brought Forward Balance at 31/12	Notes	2024	2023
		£	£
		100	0
		0	(25)
		100	(25)
		0	0
		100	(25)
		1,825	1,850
		1,925	1,825

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WALBERSWICK VILLAGE HALL Registered Charity No 1173018

SUMMARY OF LIQUID ASSET MOVEMENTS

Balance Brought Forward Net Receipts and (Payments) Unrestricted Funds Net Receipts and (Payments) Restricted Funds Net Receipts and (Payments) Deposits Total Net Receipts & Payments Liquid Assets at Year End	2024	2023
	£	£
	92,479	83,273
	(16,403)	9,231
	0	0
	100	(25)
	(16,303)	9,206
	76,176	92,479

STATEMENT OF ASSETS AND LIABILITIES AS AT YEAR END 31st DECEMBER 2024

Notes Liquid Assets Petty Cash Current Account 90 Day Deposit Account Sub-Total Cash Funds Less Refundable Deposits Net Available Liquid Funds Assets Retained for own use Village Hall Buildings & Land I Fixtures & Fittings J Total Net Assets Funds General Fund (Unrestricted) Restricted Funds K Total Funds	2024	2024	2023	2023
		£		£
	94		115
	10,890		26,072
	65,191		66,292
		83,273		92,479
		(1,925)		(1,825)
		81,348		90,654
	822,454		804,552
	107,344		107,345
		929,798		911,897
		1,011,146		1,002,551
		1,010,882		1,002,287
		264		264
		1,011,146		1,002,551

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WALBERSWICK VILLAGE HALL Registered Charity No 1173018

NOTES TO THE FINANCIAL STATEMENTS

A. Fund Raising

Bingo (net receipts)

2024	2023
£	£
1,186	2,581

B. Village Fete

40% Share of net proceeds (50% in 2023)

C. Donations

Miscel

D. Equipment & Furnishings

Kitchen equipment

E. Maintenance Buildings

Floor repair

2024	2023
£	£
4800	8,500
2024	2023
£	£
40	50
2024	2023
£	£
51	210
2024	2023
£	£
143	2,563

F. Electrical, Repairs & Testing

Maintenance, Repairs, New Installations & Statutory Testing (Fire Alarm, Emergency Lighting & Appliances)

G. Fire Equipment Costs

Fire Extinguishers Service

2024	2023
£	£
5,351	3,172
2024	2023
£	£
281	102

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WALBERSWICK VILLAGE HALL Registered Charity No 1173018

NOTES TO THE FINANCIAL STATEMENTS (Continued)

H. Sundries & Miscellaneous

Treasurer's Postage, Stationery & Computer Consumables Window Cleaning Printing BT Broadband Other Consumables & Misc

2024	2023
£	£
63	0
160	155
46	44
675	800
468	617
1,349	1,616

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WALBERSWICK VILLAGE HALL Registered Charity No 1173018

NOTES TO THE FINANCIAL STATEMENTS (Continued)

I. Village Hall.

The valuation is based on a reinstatement cost assessment and inspection carried out on 17[th] December 2014 by O A Chapman & Son, Chartered Surveyors. The Ansvar Charity & Community Connect Insurance Policy Number CCP2199433 index-linked Buildings cover has been increased to the valuation figure of £822,454. The policy additionally covers Contents, Business Interruption, Employers Liability, Public Liability, Property Owners Liability, Trustees Indemnity etc.,

Walberswick Village Hall, its Car Park and Land are Freehold Title Absolute registered under number SK246897 held by the Official Custodian for Charities on behalf of the Walberswick Village Hall Trust, Registered Charity number 1173018.

J. Fixtures and Fittings.

The Fixtures and Fittings have been properly maintained and the costs incurred, together with further Capital purchases, written off. The replacement cost of the Fixtures and Fittings is £107,344 as updated for the Buildings & Contents Insurance.

K. Restricted Funds

£264 remains in this fund, to be used at the Trustees discretion.

L. Accounting Policies

The charity has prepared its accounts on the receipts and payments basis, excluding accruals, following guidance note CC16, Receipts and Payments Accounts, issued by the Charity Commission for England and Wales in October 2000.

Signed by a Trustee on behalf of all Trustees. Date of approval: 2025

Name MARTIN LOVICK {Treasurer} Signature Address Hedgeley, The Green, Walberswick, Suffolk IP18 6TX

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