Radway Village Hall Annual Report 2022
Income Report
Following the lifting of Covid restrictions income during 2022 has been steady. The hall continues to attract a wide range of users both from the village and from further afield. Whilst some users have fallen by the wayside (such as the gardening club), this has generally been offset by new regular bookings (such as the Sunday bible group).
As in previous years, The RPC covered our costs of insurance.
The 2022 annual accounts show a surplus of income (vs. running costs) of £1599.16.
The income breakdown was as follows:
Capital Programme
The capital programme of planned work was put on hold during 2022 and is subject to review following recovery in the hall’s income post-Covid.
Financial Accounts
The financial accounts for 2022 are attached.
John Hutchison, Trustee, 20 March 2023
| RADWAY VILLAGE HALL ACCOUNTS | RADWAY VILLAGE HALL ACCOUNTS | ||||
|---|---|---|---|---|---|
| 1/1/22 to 31/12/22 | |||||
| Income & Expenditure | |||||
| 2022 | 2021 | YoY(2022-2021) | |||
| Income | |||||
| Hall Hire Revenue | 2538.00 | 998.00 | 1,540.00 | ||
| RadwayPC Insurancegrant | 447.75 | 430.94 | 16.81 | ||
| Equipment Hire | 20.00 | 50.00 | (30.00) | ||
| Stratford DC | 25.00 | 25.00 | 0.00 | ||
| Donations | 98.00 | 130.00 | (32.00) | ||
| Interest received | 12.07 | 0.55 | 11.52 | ||
| Lottery grant(applepress) | 605.00 | 0.00 | 605.00 | ||
| WaterPlus Refund | 0.00 | 1683.74 | (1,683.74) | ||
| Total | 3,745.82 | 3,318.23 | 427.59 | ||
| Expenditure | |||||
| Electricity | 558 | 391.99 | 166.01 | ||
| Waterplus | 144.6 | 352.02 | (207.42) | ||
| Zurich Insurance | 447.75 | 430.94 | 16.81 | ||
| Betafire Protection | 196.31 | 40.74 | 155.57 | ||
| PAT(Testing) | 85.00 | 75.00 | 10.00 | ||
| RadwayPC(Capital Programme) | 0.00 | 3985.00 | (3,985.00) | ||
| Misc(trays) | 50 | 62.67 | (12.67) | ||
| Mobile Phone | 60.00 | 20.00 | 40.00 | ||
| Applepress | 605 | 605.00 | |||
| Total | 2,146.66 | 5,358.36 | 3,211.70 - |
||
| Net Profit/ Loss | 1,599.16 | (2,040.13) | 3,639.29 | ||
| Cash Assets(as of 31/12/22) | |||||
| 2022 | 2021 | YoY | |||
| Assets | |||||
| Current Account | 2,308.26 | 721.17 | 1,587.09 | ||
| Business Reserve | 5,548.12 | 5,536.05 | 12.07 | ||
| Total | 7,856.38 | 6,257.22 | 1,599.16 | ||
| Appendix: Account Movements | |||||
| Current Account | 2022 | 2021 | |||
| OpeningBalance at 1/1 | 721.17 | 861.85 | |||
| Income and Expenditure | 1,587.09 | 2,040.68 - |
|||
| Transfers | 1,900.00 | ||||
| Closing balance at 31/12 | 2,308.26 | 721.17 | |||
| Business Reserve | 2022 | 2021 | |||
| OpeningBalance at 1/1 | 5536.05 | 7435.50 | |||
| Income and Expenditure | 12.07 | 0.55 | |||
| Transfers | 0.00 | -1900.00 | |||
| Closing balance at 31/12 | 5,548.12 | 5,536.05 |