SYDLING ST NICHOLAS VILLAGE HALL
2023 ANNUAL ACCOUNTS
Annual Financial Review
for the Year Ended 31[st] August 2023
2022/23 was the first “normal year” in the last 3 years. Income recovered and costs remained under control. The regular events of Open Gardens, Marathon and Duck Race all performed exceptionally well with both numbers up and income increased. General Lettings again became popular with Pilates and Band Practice being the main contributors at £1,700 and £450. Yoga ended during the year but its contribution was replaced by new post-COVID events such as the weekly coffee morning and the one off exhibition of historic village photographs.
Costs were kept withing the range of last year with the exception being in both heating and lighting which increased markedly from £2,000 to over £4,000 in the year. Also this year a charge of £1,800 was incurred for Woodworm Proofing the stage and floor in addition to a number of small maintenance works which were needed.
The major event of the year was the receipt of a donation of £15,000 from the estate of Betty Bryant, a previous chair of the committee for over 20 years. The committee are debating how to spend the funds.
The COVID grants given by Dorset Council have now ceased.
We finish the year with over £49,260 in the bank and look forward to 2023/24
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Sydling Village Hall Annual Accounts
For the Year Ending 31[st] August 2023
| Summary Note Letting Income 1 Regular Events 2 One-Off Events 3 Ongoing Income Stream Annual Hall Running Costs 5 Ongoing Financial Performance COVID Grants 7 Development Costs 4 Total Cash Generated/ (Used) 6 |
2023 £5,824.50 £10,646.14 £18,026.29 £34,496.93 (£13,089.61) £21,407.32 £0.00 (£1,654.67) £19,752.65 |
2022 £4,951.13 £6,225.64 £764.05 |
|---|---|---|
| £11,940.82 (£7,736.74) |
||
| £4,204.08 | ||
| £2,667.00 (£1,723.99) |
||
| £5,147.09 |
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2023
2022
| Note1. Letting Income Basilico Parish Council Arts Class Balance Classes SHARP Garden Soc Pilates Yoga Keep Fit Allotments Misc. Hiring Weddings Hire of Equipment Artist in Residence Coffee Morning Band Practice Other Income Total Letting Income |
£315.40 £71.50 £373.50 £252.00 £0.00 £54.00 £1,677.00 £148.50 £126.00 £210.00 £210.00 £600.00 £0.00 £216.60 £357.50 £450.00 £762.50 £5,824.50 |
£0.00 £67.50 £99.00 £207.00 £44.00 £90.00 £909.00 £796.50 £0.00 £240.00 £235.00 £932.00 £46.00 £205.62 £0.00 £454.00 £625.51 |
|---|---|---|
| £4,951.13 |
Note 2.
| Note 2. | ||
|---|---|---|
| Regular Events Open Gardens/ Plant Sale Income Cost Net Marathon Income Cost Net Duck Race Net Total Regular Events |
2023 £4,832.19 (£252.56) £4,579.63 £10,944.99 (5,869.86) £5,075.13 £991.38 £10,646.14 |
2022 £2,532.22 (£312.57) |
| £2,219.65 | ||
| £5,965.01 (£1,959.02) |
||
| £4,005.99 | ||
| £0.00 **£6,225.64 ** |
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| Note 3. One-Off Events Artsreach A Christmas Carol Holy Cow The Swearing Jar Donations Received Gift from Betty Bryant Pictures/ Other Coronation Total One-Off Events |
2023 £843.81 £315.78 £290.00 £15,000.00 £624.01 £952.69 £18,026.29 |
2022 £308.82 £250.00 £0.00 £205.23 £0.00 |
|---|---|---|
| £764.05 |
Note 4.
| Development Costs Sound Baffles Stage Equipment Microwave |
2023 (£364.00) (£990.68) (£299.99) (£1,654.67) |
2022 (£1,723.99) (£0.00) (£0.00) |
|---|---|---|
| (£1,723.99) |
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Note 5.
| Hall Running Costs Maintenance Heating Electricity Fire Safety Water Rates Insurance Internet Costs Sundries Licences Donations to others Small Works Crockery & Kitchen Fixtures & Fittings Cleaning Allotment Costs Bank Charges Fete Bar Total Running Costs |
2023 (£2,623.01) (£2,747.08) (£1,352.73) (£190.41) (£127.24) (£754.69) (£669.26( (£0.00) (£20.00) (£147.50) (£944.40) (£0.00) (£1,800.00) (£1,590.50) (£7.79) (£0.00) (£115.00) (£13,089.61) |
2022 (£361.53) (£1,408.95) (£621.86) (£511.09) (£102.36) (£664.44) (£737.68) (£203.93) (£41.00) (£75.00) (£730.15) (£221.32) (£0.00) (£1,858.96) (£198.35) (£0.12) (£0.00) (£7,736.74) |
|---|---|---|
Note 6.
Cash Movements and Balances
At Start of Year 1st Sept 2021 £24,360.80 Cash Generated in 2022 £5,147.09 At end of Year 31st Aug 2022 £29,507.89 Cash Generated in 2023 £19,752.65 Bank Balance 31[st] August 2023 £49,260.54
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| Note 7. | 2023 | 2022 |
|---|---|---|
| Government Grants | £0.00 | £2,667.00 |
The Hall’s registration as a rate paying business in the community made it eligible to claim the supplementary business rate relief grants offered by the Government to support businesses during the Covid pandemic. These grants have now ceased.
Accounts Approved:
| ___________ | Laura Cheney | Chair |
|---|---|---|
| ___________ | Ian Armour | Treasurer |
| ___________ | Jeff Guy | Auditor |
Dated_____
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