## Sadberge Village Hall CIO 

## **Accounts for the Financial Year Ending 31[st] March 2022** 

## **Income and Expenditure** 

|Financing||2020-21|2021-22||
|---|---|---|---|---|
|Cash transferred in||£0.00|£0.00||
|||---------------|---------------||
|Financing income||£0.00|£0.00||
|Operating income|||||
|Rent||2,000.00|2000.00||
|Functions|||957.00||
|Feed In Tarif||1,819.31|1890.77||
|Donations||22,222.16|17050.00|Note 1.|
|Refund|||||
|Grants||8600.00|13802.00|Note 2.|
|||----------------|----------------||
|Operating income|£34661.47||£35699.77||
|Operating expenditure|||||
|Lease||375.00|750.00||
|Insurance||1,236.65|1361.88||
|Repairs and renewals||11,220.00|9163.60|Note 3.|
|Functions|||242.42||
|Depreciation||347.58|347.58|Note 4.|
|Licences|||12.00||
|Administration fee||200.00|375.96|Note 5.|
|Bank Charges|||24.49||
|||----------------|----------------||
|Operating expenditure|£13379.23||£12277.93||
|Operating surplus (defcit)||£21,282.24|£23421.84||





## Sadberge Village Hall CIO 

## **Accounts for the Financial Year Ending 31[st] March 2021** 

## **Balance sheet** 

Current assets 31-Mar-2021 31-Mar-2022 Bank account 25969.76 49739.18 Cash 0.00 0.00 ----------------------------Current assets £25969.76 £49739.18 Current liabilities Current liabilities £0.00 £0.00 Net current assets £25969.76 £49739.18 

Fixed assets 

Solar PV system 6,053.66 5706.08 ----------------------------Fixed assets £6,053.66 5706.08 Total net assets £32,023.42 £55445.26 

## Notes 

1. The donations included £17000 from the CIO’s trading subsidiary. 

2. The grants included a £10000 big lottery grant to be spent on the roof renewal in 2022-2023 

3. The repairs and renewals included £5507.42 for Cofee Lounge refurb 

4. The solar PV system was transferred from the Sadberge Village Hall Association to the Sadberge Village Hall CIO on 30-Jun-2018 with a depreciated value of £7,009.50.  It is subject to straight line depreciation over 25 years at £347.58 per annum. 

5. The administration fee was for the grant for the refurb of the cofee lounge and insulation. 

## **Mike Hill Treasurer**