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2023-02-28-accounts

Monk Sherborne Village Hall

Treasurers Report to year end 28[th] February 2023

Following the momentous year that was covered in the previous year’s report, this last period has been much quieter, and this report will focus more on the operation of the Village Hall.

That said it is with pride we can show a significant nett profit over the year.

Banking Arrangements

The fundamental banking arrangements remain the same as set up by the previous Treasurer.

The deposit savings account holds the surplus cash not needed to run the hall day to day. This is the cash reserves for a rainy day. £200 is transferred into to this account monthly from the business current account to build up a maintenance repair fund surplus to be used as and when needed. We have also transferred an additional £5,000 that had built up in the business current account.

The business current account is used for day to day running of the hall, receives the money from hirers and all day-to-day expenses are paid from this account.

The nature and scale of the expenditure has expanded given the range of new services and utilities that the new Village Hall now enjoys.

Actvity in the year

The year has seen the hall used on a very regular basis with between 6-8 classes held during each week including Pilates, Yoga and general fitness.

This is supplemented by 2-3 children’s parties on average every weekend and even a couple of wedding receptions. This has all led to a much greater revenue stream than we had initially expected.

The level of Hall income is 3-4 times great than the level achieved at the previous hall.

Money in

Money Out

We have made some changes to the way we report our expenditure to cover items that we didn’t previous have or enjoy, we have split utilities into Electricity, Water and Gas, as well as adding Wifi, Waste Services and Village Hall Project Expenditure, the latter covers one off improvements to the fabric of the hall.

Splitting Utilities down gives us better visibility of our costs and allows to search out the best deals on renewal.

We have been careful with our expenditure across the year, we had forecast that our monthly costs would be in the region of the £400 however with an average monthly income across the year more than £2,000 we were able to carry out improvements to the hall earlier than expected and not only maintain our reserves but grow them.

Going Forwards

With over £38k in the bank at the year end the hall is very well placed to cover its costs going forwards. We will carry out more improvements to the hall as well as looking to place a portion of the reserve on a longer fixed term basis to attract better interest rates.

I can hand over to the next Treasurer very comfortable that the villagers do not need to worry about the financial viability of the hall for the foreseeable future.

Paul Cave

Interim Treasurer -

Name Account Number
Sort Code
Business Current Account 35307360 30-90-89
Savings Bank Account 36232768 30-90-89
Expenditure Electricity Expenditure
Expenditure Water
Expenditure Building Maintenance
Expenditure Village Hall Project Expenditure
Expenditure Insurance
Expenditure Cleaning
Expenditure Licences
Expenditure Lottery Winnings
Expenditure Lottery transferred to Project
Expenditure Donations to others
Expenditure Minor Purchases
Expenditure PPS
Expenditure Waste Collection
Expenditure Website
Expenditure Events
Bank Charges
Opening Bank Balances
Transferred to another account
Transferred from another account
Income Hall Rental
Income Fund Raising - Events
Income Lottery Income
Income Lottery Advance Payments
Income Donations Received
Income Donations Received New MSVH
Income Grants Received
Income Electricity Income
Income Gift Aid
Income Miscellaneous Income
Income Bank Interest Received
A B C D E F G H I
1 MONK SHERBORNE VILLAGE HALL CI O(1175663)
2 1.3.22 to 28.2.23 NOTES 2022/23 2021/22 2020/21 2019/20 2018/19 2018/17 2017/16
3
4 INCOME
5 HALL RENTAL Regular Classes and Children Partes 18,975.75 2,357.03 314.50 6,226.50 6,243.25 6,906.88 5,193.87
6 EVENTS Profts from Village Fete 239.61 0.00 239.61 2,713.54 3,166.85 3,357.10 3,264.66
7 LOTTERY INCOME IN YEAR No Longer used 0.00 2,384.04 3,285.00 2,675.00 1,775.00
8 LOTTERY ADVANCE PAYMENTS No Longer used 0.00 270.00 80.00 390.00
9 DONATIONS No Longer used 0.00 2,860.00 51,830.08 16,493.48 1,124.17 54.50
10 GRANTS B&Dgrant for Royal Jubilee 1,000.00 299,265.00 48,612.00 1,194.29 400.00 800.00
11 ELECTRIC METER No Longer used 0.00 145.07 130.32 348.00 116.00 11.00 275.00
12 GIFT AID No Longer used 0.00 3,266.53 500.00 2,672.10 263.02
13 TRANSFERS Maintenance Transfer 7,400.00 661.72 48.32 72.27 68.00
14 BANK INTEREST Interest on Savings 49.53 49.91 4.21 8.66 8.90 1.65 4.72
15
16 Total 27,664.89 310,989.30 105,234.04 32,483.84 13,555.19 11,076.63 8,792.75
17 EXPENDITURE
18 Electricity Annual Contract 1,624.42 4,715.58 #REF! #REF! #REF! #REF! #REF!
19 Water Water Meter 234.47 100.38
20 Gas 2year Contrat for the best rate 1,191.66 502.80 952.84 2,678.16 1,232.78 990.53 742.39
21 wifi BT low cost wif 344.13 817.83 679.55 679.05 730.14 709.73 673.67
22 BuildingMaintenance Coverspaintng,replacement of Bollards. As well as Fire Alarm & Boiler Service etc. 1,360.61 107.00 48.00 256.13 540.61 743.37 614.00
23 Insurance Previously paid as an annual premium one month before this period and has now been
changed to a monthly payment
0.00 159.00 90.00 336.62 379.62 248.08 246.28
24 Cleaning Weeklycleaningas well as monthlywindow cleaning 1,684.98 1,800.00 1,800.00
25 Licences Drinks licence 209.20 406,692.51 16,396.00 10,807.90
26 Donations to others & Retruned Deposits No Donatons onlydeposits returned to hirers 290.00 350.00
27 PPS 0.00 28.00 150.00
28 Website Skedda onlinepayments 220.07 24.99 13.08 13.14
29 Bank Charges 0.00 146.20 399.84
30 Village Hall Project Expenditure This covers one of items such as Blinds and Curtains,and a disabled ramp 4,033.92 821.28 1,011.22 1,736.95 1,368.57
31 Events Expenditure for Royal Jubilee and Village Fete 1,418.78 21.00 47.60
32 Waste Services Veola Business Waste Services 273.21 1,205.00
33 Transfers Transfer from Current to Savings account 7,400.00 0.00 25.00
34
35 20,285.45 414,492.29 #REF! #REF! #REF! #REF! #REF!
36
37 INCOME OVER EXP 7,379.44 (103,502.99) #REF! #REF! #REF! #REF! #REF!
38
39 OPENING BALANCE 30,916.92 134,419.91 #REF! #REF! 12,725.61 19,627.47 16,732.66
40
41 CLOSING BALANCE 38,296.36 30,916.92 #REF! #REF! #REF! #REF! #REF!
42
43 CASH
44 DEPOSIT ACCOUNT 35,768.92 28,319.39 8,117.08 43,112.87 14,104.21 8,934.35 9,432.70
45 CURRENT ACCOUNT 2,527.44 2,597.53 5,654.63 4,643.13 7,282.96 3,754.33 8,357.84
46 LOTTERY ACCOUNT 2 - - 270.00
47 NEW VILLAGE HALL PROJECT ACCOUNT 2 - - 120,058.76
48 PETTY CASH 3 - - 319.44 249.44 115.59 36.93 36.93
50 38,296.36 30,916.92 134,419.91 48,005.44 21,502.76 12,725.61 19,627.47
51
52 Notes to the Accounts
53
54
55 Half of the moneywill bepaid to a future winn er & half transferred to the village hall.
56 2. Loteryand Project accounts closed upon co mpleton of buildproject
57 3. PetyCash transferred to current account a nd closed
A B C D E F G H I J K L M N O P
1 MSVH Consolidated accounts
2 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Total
3
4 OPENING BALANCE 30,916.92 31,816.68 30,279.55 31,193.15 31,958.02 32,868.88 34,246.50 36,011.58 37,044.15 37,849.57 37,793.45 38,278.98 30,916.92
5
6 INCOME
7 Hall Rental 1,450.61 1,628.27 1,053.00 1,989.30 1,244.41 1,603.83 2,273.00 2,598.01 1,817.02 408.32 1,545.69 1,364.29 18,975.75
8 Fund Raising- Events - - - 239.61 - - - - - - - - 239.61
9 Net LotteryIncome in Year - - - - - - - - - - - - -
10 LotteryAdvance Payments - - - - - - - - - - - - -
11 General Donations Received - - - - - - - - - - - - -
12 Donations Received New MSVH - - - - - - - - - - - - -
13 Grants Received - - 1,000.00 - - - - - - - - - 1,000.00
14 ElectricityIncome - - - - - - - - - - - - -
15 Gift Aid - - - - - - - - - - - - -
16 Miscellaneous Income - - - - - - - - - - - - -
17 Bank Interest Received 0.22 0.26 0.22 0.24 0.25 0.97 1.25 1.26 3.72 8.02 15.05 18.07 49.53
18 Transfers 200.00 200.00 200.00 200.00 200.00 200.00 200.00 5,200.00 200.00 200.00 200.00 200.00 7,400.00
19
20 TOTAL INCOME 1,650.83 1,828.53 2,253.22 2,429.15 1,444.66 1,804.80 2,474.25 7,799.27 2,020.74 616.34 1,760.74 1,582.36 27,664.89
21
22 EXPENDITURE
23 Electricity 0.00 0.00 0.00 0.00 0.00 0.00 0.00 622.84 426.54 0.00 0.00 575.04 1,624.42
24 Water 0.00 0.00 94.61 0.00 0.00 0.00 0.00 0.00 139.86 0.00 0.00 0.00 234.47
25 Gas 92.77 57.85 43.75 23.83 20.80 21.65 36.21 42.26 97.48 158.13 386.59 210.34 1,191.66
26 wifi 26.40 29.03 28.87 28.87 28.87 28.87 28.87 28.87 28.87 28.87 28.87 28.87 344.13
27 BuildingMaintenance 261.00 0.00 123.60 212.42 0.00 0.00 0.00 0.00 0.00 0.00 375.99 387.60 1,360.61
28 Insurance 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
29 Cleaning 150.00 106.98 160.00 160.00 178.00 160.00 128.00 210.00 62.00 60.00 190.00 120.00 1,684.98
30 Licences 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 209.20 0.00 0.00 209.20
31 Donations to others &Retruned Deposits 0.00 0.00 0.00 0.00 90.00 0.00 0.00 200.00 0.00 0.00 0.00 0.00 290.00
32 PPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
33 Website 20.90 20.90 31.26 30.41 16.13 16.66 18.42 16.97 16.35 16.26 15.81 0.00 220.07
34 Bank Charges 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
35 Village Hall Project Expenditure 0.00 2,950.90 657.53 0.00 0.00 0.00 0.00 411.35 0.00 0.00 0.00 14.14 4,033.92
36 Events 0.00 0.00 0.00 1,008.75 0.00 0.00 297.67 34.41 0.00 0.00 77.95 0.00 1,418.78
37 Waste Services 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 244.22 0.00 0.00 28.99 273.21
38 Transfers 200.00 200.00 200.00 200.00 200.00 200.00 200.00 5,200.00 200.00 200.00 200.00 200.00 7,400.00
39
40 TOTAL EXPENDITURE 751.07 3,365.66 1,339.62 1,664.28 533.80 427.18 709.17 6,766.70 1,215.32 672.46 1,275.21 1,564.98 20,285.45
41
42 CLOSING BALANCE 31,816.68 30,279.55 31,193.15 31,958.02 32,868.88 34,246.50 36,011.58 37,044.15 37,849.57 37,793.45 38,278.98 38,296.36 38,296.36
43 -
44
45 Seat Sponsors
46 DEPOSIT A/C 28,519.61 28,719.87 28,920.09 29,120.33 29,320.58 29,521.55 29,722.80 34,924.06 35,127.78 35,335.80 35,550.85 35,768.92 35,768.92
47 CURRENT ACCOUNT 3,297.07 1,559.68 2,273.06 2,837.69 3,548.30 4,724.95 6,288.78 2,120.09 2,721.79 2,457.65 2,728.13 2,527.44 2,527.44
48
49 TOTAL AVAILABLE FUNDS 31,816.68 30,279.55 31,193.15 31,958.02 32,868.88 34,246.50 36,011.58 37,044.15 37,849.57 37,793.45 38,278.98 38,296.36 38,296.36
50 0.00
Business Current Account
Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Total
OPENING BALANCE 2,597.53 3,297.07 1,559.68 2,273.06 2,837.69 3,548.30 4,724.95 6,288.78 2,120.09 2,721.79 2,457.65 2,728.13 2,597.53
INCOME
Hall Rental 1,450.61 1,628.27 1,053.00 1,989.30 1,244.41 1,603.83 2,273.00 2,598.01 1,817.02 408.32 1,545.69 1,364.29 18,975.75
Fund Raising- Events 0.00 0.00 0.00 239.61 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 239.61
Net LotteryIncome in Year 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
LotteryAdvance Payments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
General Donations Received 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
Donations Received New MSVH 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
Grants Received 0.00 0.00 1,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,000.00
ElectricityIncome 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
Gift Aid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
Miscellaneous Income 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
Bank Interest Received 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
Transfers 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
TOTAL INCOME 1,450.61 1,628.27 2,053.00 2,228.91 1,244.41 1,603.83 2,273.00 2,598.01 1,817.02 408.32 1,545.69 1,364.29 20,215.36
EXPENDITURE
Electricity 0.00 0.00 0.00 0.00 0.00 0.00 0.00 622.84 426.54 0.00 0.00 575.04 1,624.42
Water 0.00 0.00 94.61 0.00 0.00 0.00 0.00 0.00 139.86 0.00 0.00 0.00 234.47
Gas 92.77 57.85 43.75 23.83 20.80 21.65 36.21 42.26 97.48 158.13 386.59 210.34 1,191.66
wifi 26.40 29.03 28.87 28.87 28.87 28.87 28.87 28.87 28.87 28.87 28.87 28.87 344.13
BuildingMaintenance 261.00 0.00 123.60 212.42 0.00 0.00 0.00 0.00 0.00 0.00 375.99 387.60 1,360.61
Insurance 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cleaning 150.00 106.98 160.00 160.00 178.00 160.00 128.00 210.00 62.00 60.00 190.00 120.00 1,684.98
Licences 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 209.20 0.00 0.00 209.20
Donations to others & Returned deposits 0.00 0.00 0.00 0.00 90.00 0.00 0.00 200.00 0.00 0.00 0.00 0.00 290.00
PPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Website 20.90 20.90 31.26 30.41 16.13 16.66 18.42 16.97 16.35 16.26 15.81 0.00 220.07
Bank Charges 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Village Hall Project Expenditure 0.00 2,950.90 657.53 0.00 0.00 0.00 0.00 411.35 0.00 0.00 0.00 14.14 4,033.92
Events 0.00 0.00 0.00 1,008.75 0.00 0.00 297.67 34.41 0.00 0.00 77.95 0.00 1,418.78
Waste Services 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 244.22 0.00 0.00 28.99 273.21
Transfers 200.00 200.00 200.00 200.00 200.00 200.00 200.00 5,200.00 200.00 200.00 200.00 200.00 7,400.00
TOTAL EXPENDITURE 751.07 3,365.66 1,339.62 1,664.28 533.80 427.18 709.17 6,766.70 1,215.32 672.46 1,275.21 1,564.98 20,285.45
CLOSING BALANCE 3,297.07 1,559.68 2,273.06 2,837.69 3,548.30 4,724.95 6,288.78 2,120.09 2,721.79 2,457.65 2,728.13 2,527.44 2,527.44

8D 16D 24

Savings Bank Account
Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Total
OPENING BALANCE 28,319.39 28,519.61 28,719.87 28,920.09 29,120.33 29,320.58 29,521.55 29,722.80 34,924.06 35,127.78 35,335.80 35,550.85 28,319.39
INCOME
Hall Rental 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
Fund Raising- Events 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
Net LotteryIncome in Year 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
LotteryAdvance Payments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
General Donations Received 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
Donations Received New MSVH 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
Grants Received 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
ElectricityIncome 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
Gift Aid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
Miscellaneous Income 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
Bank Interest Received 0.22 0.26 0.22 0.24 0.25 0.97 1.25 1.26 3.72 8.02 15.05 18.07 49.53
Transfers 200.00 200.00 200.00 200.00 200.00 200.00 200.00 5,200.00 200.00 200.00 200.00 200.00 7,400.00
TOTAL INCOME 200.22 200.26 200.22 200.24 200.25 200.97 201.25 5,201.26 203.72 208.02 215.05 218.07 7,449.53
EXPENDITURE
Electricity 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Water 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Gas 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
wifi 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
BuildingMaintenance 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Insurance 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cleaning 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Licences 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Donations to others 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Website 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Bank Charges 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Village Hall Project Expenditure 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Events 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Transfers 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTAL EXPENDITURE 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
CLOSING BALANCE 28,519.61 28,719.87 28,920.09 29,120.33 29,320.58 29,521.55 29,722.80 34,924.06 35,127.78 35,335.80 35,550.85 35,768.92 35,768.92
Seat Sponsors

EO 160 240

INDEPENDENT EXAMINER’S REPORT

TO THE TRUSTEES OF MONK SHERBRONE VILLAGE HALL

I report to the trustees on my examination of the records of the accounts of Monk Sherborne Village Hall CIO (The Trust) for the period 1.3.22 to 28.2.23.

Responsibilities and basis of report

As the charity trustees of the Trust 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 examiners 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 of the Trust as required by section 130 of the Act: or

  2. The accounts do not accord with these 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.

Signed Dated Tuesday 5[th] December 2023 Name David Stickland Address Jonathans Thatch Ramsdell Road Monk Sherborne RG26 5HS