Melbury Abbas & Cann Village Hall
Charity number: 1173145
2024 Financial Report
for the Year ended 31 July 2024
Prepared on
30 September 2024
Melbury Abbas Cann Village Hall 2024 Financial Report
Charity No: 1173145
Income & Expenditure
| INCOME Hall Hire Bar Sales & Events Grazing Rent Bank Interest Total Income COST OF SALES Bar Stock Zettle Fees Total Cost of Sales GROSS PROFIT Gross Profit Margin % EXPENSES Electricity Oil Water Cleaning Repairs & Maintenance Grounds Maintenance Waste/Recycling Insurance Licences Fireworks Internet Misc Expenses Total Expenses DEFICIT FOR THE YEAR |
Current year to 31 July 2024 2,905 6,356 360 38 9,659 3,023 45 3,068 6,591 68% 1,224 1,414 108 2,190 1,251 168 259 880 131 250 14 19 7,909 (1,318) |
Last year to 31 July 2023 1,650 9,086 30 |
|---|---|---|
| 10,766 | ||
| 5,137 57 |
||
| 5,194 | ||
| 5,572 | ||
| 52% 1,550 600 84 1,604 919 200 292 869 209 300 12 - |
||
| 6,639 | ||
| (1,067) |
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Melbury Abbas Cann Village Hall 2024 Financial Report
Charity No: 1173145
Balance Sheet
| ASSETS Current Account Savings Account Fixed Term Savings Account Cash Bar Stock Oil in Tank Total Assets LIABILITIES Money held for Youth Club Total Liabilities TOTAL ASSETS & LIABILITIES CHARITY FUNDS Accumulated funds Deficit for the year TOTAL FUNDS |
31 July 2024 2,063 3,013 12,500 433 1,603 400 20,013 (610) (610) 19,403 20,721 (1,318) 19,403 |
31 July 2023 11,395 6,896 - 2,340 300 400 |
|---|---|---|
| 21,331 | ||
| (610) | ||
| (610) | ||
| 20,721 | ||
| 21,788 (1,067) |
||
| 20,721 |
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Melbury Abbas Cann Village Hall 2024 Financial Report
Charity No: 1173145
Notes to the Accounts
Trustee changes during the year
The appointment of a new and enlarged management committee during the course of the year has been a significant change to the administration and management of the hall, and is a significant step in ensuring a bright future for the hall. The following Trustee appointments and retirements happened during the year:
New Committee
Mark Archer Hannah Jefferson - Secretary Liam Jefferson Ben Johnson Hannah Kay James Richards - Treasurer Jane Shepherd Jo Stoate Laura Trepess
Retiring Trustees
Nic Griffin Ian Merefield
Income
Income levels are slightly down on last year. Hall hire income has increased significantly, with more regular bookings and bolstered by two elections. Bar income is down considerably on last year, although the change in the management of the bar appears to have been very successful so far. 25% of the bar earnings for the year have come in the final 2 months, June & July, when the new bar team launched more regular village social events which have been well attended. Because there has been a shift towards a greater proportion of hall hire income the gross profit has actually risen on last year, despite lower income levels.
Expenses
On the whole expenses have been similar to last year. Nevertheless, a sharp increase in the price of oil since the tank was last filled in 2022, has meant this has been much more expensive this year. Cleaning costs have also risen sharply, but this is partly due to the hall being used more. A number of small improvements to the hall following the appointment of the new management committee has meant that the repairs and renewals expenses have risen too.
Despite a small deficit for the year the hall remains liquid with a relatively strong cash position.
Accounts prepared by: James Richards
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