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2020-10-31-accounts

Trustee Report for the Victory Room, Bucklebury

The year has been overshadowed by the Covid Pandemic and like everything else the hall was shut on March 23[rd ] 2020. During the first lockdown the trustees made the hall Covid safe with notices, sanitisers located throughout the hall, doors were secured open, use of table, chairs and kitchen equipment was restricted. The trustees worked with all the users intending to come back and use the hall to produce and agree risk assessments. When allowed, the hall was briefly re-opened in September and October before being closed again in accordance with government guidelines.

Prior to the pandemic the trustees had a schedule of fund raising events in place however these were all cancelled when it became clear they were not going to be permitted under government guidelines or there was significant doubt about what was going to be permitted.

Whilst the hall was shut, the trustees have progressed the refurbishment and extension project and have raised all the funds required to move forward and source tenders for the works. It is expected that the works will commence and be completed in the 2021 financial year.

The Victory Room - Income and Expenditure The Victory Room - Income and Expenditure The Victory Room - Income and Expenditure
1 November 2019 - 31 October 2020
Opening Balances Closing Balances
£ £
PettyCash £2.09 PettyCash £2.09
Current Account £21,004.22 Current Account £18,972.20
Deposit Account £10,007.76 Deposit Account £1.32
14-DayNotice a/c £12,835.04 Redevelopment Account £45,572.87
Debtors £125.40 Debtors £74.51
Creditor -£3,670.00 Creditor
Stock £352.47 Stock £302.27
Total £40,656.98 Total £64,925.26
INCOME EXPENDITURE
Item Item
Lettings £2,318.75 Maintenance £411.00
Fund Raising £30.00 Fund Raising £36.00
Donations £22,986.00 Donations £0.00
Other £10,000.00 Light/Heat £1,264.93
Interest £31.71 Council Tax £0.00
Cleaning £1,008.89
Sundries £368.56
Insurance £796.58
MugCosts £0.00
COVID 19 £173.72
Redevelopment £7,038.50
Total £35,366.46 Total £11,098.18
Net Gain £24,268.28
Income and Expenditure History FY 2019/2020 Summary
INCOME
2015 2016 2017 2018 2019 2020 Comments
Item £ £ £ £ £
Lettings 3,778 3880 5000 5443 4,806 2,319 Hall shut from March 23rd for Covid until October
Fund Raising 12,359 8,737 10485 6964 8,564 30 All fundraisingcancelled in 2020
Interest 7 8 5 10 33 32
MugSales/Sundries 15 22 7695 240
Donations 5000 2387 11,147 22,986
Other/Exceptional 10,000 Hospitalityand Leisure Grant Fund from WBC for Covid
Total 16,159 12,647 20,490 22,499 24,790 35,366
Flood refit
Total 16,159 12,647 20,490 22,499 24,790 35,366
EXPENDITURE
2015 2016 2017 2018 2019 2020
Item £ £ £ £ £
Maintenance 483 1,265 57 65 15 411 Septic Tank Emptying,new Fire extinguishers and lamprepair
Fund Raising 7,244 5,974 6714 5555.02 5,77~~3~~ 36
Insurance 1,081 999 772 889 849 797
Cleaning 1,675 1,649 1904 1914 1,882 1,009 Hall shut from March 23rd for Covid until October
Mugsales/Sundries 688 737 838 657 803 369
Mugs 6377
Light/Heat 1,254 516 1036 288 2,190 1,265 Average Cost is £1194 for last 4years
Council Tax 98 98 95 98 100
Donations
COVID 19 174
Exceptional(Development) 3,823 7,140 7,039
Total 12,523 15,061 11,416 15,843 18,752 11,098
Total 12,523 15,061 11,416 15,843 18,752 11,098
PROFIT/ LOSS
2015 2016 2017 2018 2019 2019
£ £ £ £ £
Total 3,636 -2,414 9,074 6,656 6,038 24,268
Hall Costs 5,279 5,264 4,702 3,911 5,839 3,850 Average Cost is £4,575 for last 4years

CHARITY COMMISSION FOR ENGLANO ANO WALES accounts Sp.r.tion A IniJp.pp.ndent Examiner R RFhpnrt m•mb•r4 of V/C7oLy On accounts for th• year Oc708 'E Charity no {rfany) Sot out on pa I report to the tru3tees on my ex￿1nation of ts accounts of the above e (Ih& Trusf) for the year ended Rosponslblllll•• and basls of rnport accounts in acc(xdarKX ith the requiremerts of the Charities Act 2011 A<￿). I report in respect of my examination of the Trusfs accounts carried out under section 145 of the 2011 Act and in carryina out my examination, I have folbwed all the apt4i¢able Direth'ons gtven by the Charity Commission urthr section 145(5)(b) of the A(X. Ind•pendent chanty'8 gross incom all￿￿$ statemont undertake the exam applicabl8 list £250.CK)O arKI l am qualffied lo by beirvJ a qualffied member of [insert name of ll. D8bte [ ] rfn( applic8ble. I have eompleted my exninatton. I confimi that no material matters have come to my attention in connection with the examination (other than that disclosed below ') which gives me cau8e to believe that in, any material the accountirg rec¢)rds were nol kert in accordance Mth section 130 of the Charit￿8 Ad.. or accounts did not accord vath the accounting records; or the accounts dKI not c<)mply with the applicable requirements concerning the form and content of accounts set out in the {Aecounts and Reports) Regulations 2CMJ8 other than any requirement that the accounts give a Irue and fair view which 1$ nol a matter considered as part of an iNJependent examinalion. I have no concerns and have come acfOSS no otsr m8tter6 in connecti with the examination to vthich attention should be drawn in this report in order to enable a woper urKlerstanding of the accounts to be reached. Slgned: Dat•: -?oJ/ Nam•: Relevant professlonal quallfication(s) or body IER Oct 2018

(rf any): Address: 4> Section B Disclosure Only complete if the examiner needs to highlight material matters of con￿rn Isee CC32. IrKlependent examination of chanty accounts.. directions and guidance for examiners). Gfve h•re brf•f d•tall8 of dls¢lo80. IER Oct 2018