– Account Summary 1[st] January 2023 31[st] December 2023
Once again, we have been able to manage our budgeting sufficiently to ensure our costs have been covered for the year. Our income was less than the previous year and there are a couple of factors for this. We didn’t receive planning permission until November 2023, although we had been expecting it to be in January, so we had minimised some of our extra bookings for the second half of the year, anticipating that we might be able to start some work.
Obviously by the middle of the year, we changed our perspective on which part of the project would be our focus, so we started taking more bookings again to help the income but downplayed bookings for the West Hall. We also used this situation as an opportunity to get the South Hall flooring and committee room done. We also got the fencing done at the front of the building, albeit knocked down by our tree and kindly repaired by Brian from the garage next door. Our thanks go to SEHT who attended, sorted the tree out and made things passible again.
The change in utility supplier has been beneficial but obviously due to the significantly higher rates, this has had an impact on our costings. Our 5 yearly Electrical Installation Condition Report [EICR] was completed in November, and we completed some of the work before Christmas and the rest has been done in the next financial year.
Overall, we have made a surplus of nearly three thousand pounds, which will go back into maintenance work for the building. A well done to us as Trustees who continued to work hard, despite our personal difficulties throughout the year.
31/12/2023
31/12/2022
31/12/2021
INCOME
Hire and Rent received
| INCOME Hire and Rent received |
|||||
|---|---|---|---|---|---|
| North & South halls | £29,212.24 | £25,930.00 | £22,476.88 | ||
| West Hall | £233.00 | £1,991.00 | £0.00 | ||
| External area rents | £720.00 | £600.00 | £880.00 | ||
| Commercial rents | £5,699.75 | £9,182.50 | £5,520.00 | ||
| Events | £0.00 | £0.00 | £0.00 | ||
| total | £35,864.99 | £37,703.50 | £28,876.88 | ||
| Deposits returned from previous year | £0.00 | £0.00 | £0.00 | ||
| refundable deposits held at 31/12 | £745.00 | £75.00 | £0.00 | ||
| refund/expend checks yet to clear | £0.00 | £0.00 | £0.00 | ||
| Donations / refunds/grants | £32.00 | £3,940.00 | £12,852.50 | ||
| total | £36,641.99 | £41,718.50 | £41,729.38 | ||
| cleared o/standing hire fees from previous | |||||
| year | £325.75 | £373.50 | £1,844.25 | ||
| written off from previous year/COVID | |||||
| refunds | £0.00 | £74.00 | £377.00 | ||
| o/standing hire/rents at year end | -£1,057.50 | -£325.75 | -£400.50 | ||
| Total Income | £35,910.24 | £41,840.25 | £43,550.13 | ||
| EXPENDITURE | |||||
| Rates | £0.00 | £0.00 | £0.00 | ||
| Water | £713.64 | £96.40 | £1,868.90 | ||
| Gas | £4,558.93 | £2,636.80 | £2,589.54 | ||
| Electricity | £6,768.11 | £3,220.60 | £2,916.83 | ||
| Repairs and Maintenance | £7,147.33 | £5,015.08 | £1,518.63 | ||
| Redevelopment | £0.00 | £1,426.00 | £1,809.60 | ||
| Redevelopment Architect | £0.00 | £16,176.28 | £1,654.80 | ||
| Insurance | £3,309.07 | £2,914.28 | £2,531.51 | ||
| Bins/cleaning/Material & Supplies | £9,913.54 | £8,886.12 | £6,686.94 | ||
| Sundry expenses | £235.80 | £768.38 | £1,244.16 | ||
| Certificates/licences | £427.54 | £219.36 | |||
| Events | £0.00 | £0.00 | £0.00 | ||
| total | £33,073.96 | £41,139.94 | £23,040.27 | ||
| Excess of income over expenditure | £2,836.28 | £700.31 | £20,509.86 | ||
| Accumulated excess at 1st January | £77,043.68 | £76,343.37 | £55,833.51 | ||
| Accumulated excess at 31st December | £79,879.96 | £77,043.68 | £76,343.37 | ||
| Balance 31st December | £79,879.96 | £77,043.68 | £76,343.37 | ||
| Represented by: | |||||
| SVC Lloyds Bank | 0 | 0 Closed 25.4.22 | 60041.27 | ||
| SCC Lloyds Bank | 38922.47 | 76099.44 | 15628.01 | ||
| SCC SAVER | 40611.65 | 350.15 | |||
| Cash held | 345.84 | 594.09 | 674.09 | ||
| £79,879.96 | £77,043.68 | £76,343.37 |
As of 1.8.21 we traded under Staplehurst Community Centre CIO.
Independent examiner’s report to the Staplehurst Community Centre, Staplehurst, Kent. For the year ended 31st December 2023