## **SYDLING ST NICHOLAS VILLAGE HALL**
# **2024 ANNUAL ACCOUNTS**
## **Annual Financial Review**
## **for the Year Ended 31[st] August 2024**
The 2024 year was good year for the Hall. Daily bookings were ahead by a thousand, regular event bookings were down by two thousand, but the significant change was the one-off events. In 2023 we benefitted with a gift of £15,000 from Betty Bryant, so on the face of the accounts we look to be well short this year. Nevertheless, the total income of £16,686 was noticeably up on previous years and we were lucky to have the funds available to address the kitchen floor replacement without special fund-raising.
We have made some major maintenance expenditures in 2024. The principal one being the unexpected replacement of the rotten kitchen floor costing over £10,000 , the refurbishment of the canvas external seats which cost over £6,000 and the installation of insulated doors and thermal fans which cost over £5,000. We are due to receive 50% of this last sum back from the council.
The new seats would have cost significantly more if we had bought them rather than renewing those which we already owned and thanks are due to the volunteers who did the work. There is still a plan to fit solar panels to the hall but planning consent has not yet been forthcoming so this may be delayed.
We finished the year with over £30,076 in the bank and look forward to 2024/25
Sydling Village Hall CIO Registered Charity 1180565 Page **1** of **6**
## **Sydling Village Hall Annual Accounts**
## **For the Year Ending 31[st] August 2024**
|**Summary**
**Note**
Letting Income
**1**
Regular Events
**2**
One-Off Events
**3**
Ongoing Income
Stream
Annual Hall Running
Costs
**5**
Ongoing Financial
Performance
Development Costs
**4**
**Total Cash**
**Generated/ (Used)**
**6**|**2024**
£6,882.28
£8,597.25
£1,206.67
£16,686.20
(£21,826.53)
(£5,140.33)
(£14,044.26)
**(£19,184.59)**|**2023**
£5,824.50
£10,646.14
£18,026.29|
|---|---|---|
|||£34,496.93
(£13,089.61)|
|||£21,407.32|
|||(£1,654.67)|
|||**£19,752.65**|
Sydling Village Hall CIO Registered Charity 1180565 Page **2** of **6**
**2024**
**2023**
|**Note1.**
**Letting Income**
Basilico
Parish Council
Arts Class
Christmas Fair
Rummage Sale
Balance Classes
SHARP
Garden Soc
Pilates
Yoga
Keep Fit
Allotments
Misc. Hiring
Weddings & Funerals
Hire of Equipment
Artist in Residence
Cook Books
Coffee Morning
Band Practice
Table Tennis
History Society
Syria Talk
Other Income
**Total Letting Income**|£0.00
£57.50
£567.00
£286.90
£935.90
£243.00
£149.50
£72.75
£1,372.50
£198.00
£81.00
£264.00
£190.00
£480.00
£10.00
£0.00
£159.00
£0.00
£360.00
£298.52
£60.00
£160.70
£936.01
**£6,882.28**|£315.40
£71.50
£373.50
£0.00
£0.00
£252.00
£0.00
£54.00
£1,677.00
£148.50
£126.00
£210.00
£210.00
£600.00
£0.00
£216.60
£0.00
£357.50
£450.00
£0.00
£0.00
£0.00
£762.50|
|---|---|---|
|||**£5,824.50**|
|**Note 2.**
**Regular Events**
Open Gardens/
Plant Sale
Income
Payment to Church
Cost
Net
Marathon
Income
Cost
Net
Duck Race
Net
**Total Regular Events**|**2024**
£2,721.51
(£500.00)
(£147.99)
£2,073.52
£9,147.41
(£3,535.40)
£5,612.01
£911.72
**£8,597.25**|**2023**
£4,832.19
(£0.00)
(£252.56)|
|---|---|---|
|||£4,579.63|
|||£10,944.99
(£5,869.86)|
|||£5,075.13|
|||£991.38
**£10.646.14**|
Sydling Village Hall CIO Registered Charity 1180565 Page **3** of **6**
|**Note 3.**
**One-Off Events**
Artsreach
Holy Cow
The Swearing Jar
Bournemouth Symphony
Latchpin
Donations Received
Gift from Betty Bryant
Pictures/ Other
Coronation
**Total One-Off Events**
**Note 4.**
**Development Costs**
Sound Baffles
Stage Equipment
Microwave
Dishwasher
Chairs
Fans & Doors
||**2024**
£449.69
£498.98
£258.00
£0.00
£0.00
£0.00
**£1,206.67**
**2024**
(£0.00)
(£0.00)
(£0.00)
(2,840.36)
(6,065.00)
(5,138.90)
**(£14,044.26)**|**2023**
£843.81
£315.78
£290.00
£15,000.00
£624.01
£952.69
**£18,026.29**
**2023**
(£364.00)
(£990.68)
(£299.99)
(£0.00)
(£0.00)
(£0.00)
**(£1,654.67)**|**2023**
£843.81
£315.78
£290.00
£15,000.00
£624.01
£952.69
**£18,026.29**
**2023**
(£364.00)
(£990.68)
(£299.99)
(£0.00)
(£0.00)
(£0.00)
**(£1,654.67)**|
|---|---|---|---|---|
||||||
|||||**(£1,654.67)**|
Sydling Village Hall CIO Registered Charity 1180565 Page **4** of **6**
## **Note 5.**
|**Hall Running Costs**
Maintenance
Heating
Electricity
Window Cleaning
Fire Safety
Groundsman
Water Rates
Insurance
Internet Costs
Licences
Donations to others
Small Works
Fixtures & Fittings/Defib
Cleaning
Allotment Costs
Norcott Builders
Fete Bar
**Total Running Costs**|**2024**
(£792.15)
(£2,183.63)
(£1,226.45)
(£318.00)
(£212.80)
(£300.00)
(£156.47)
(£1,148.96)
(£781.98)
(£62.00)
(£150.00)
(£328.58)
(£1,356.37)
(£1,728.34)
(£848.98)
(£10,231.82)
(£0.00)
**(£21,826.53)**|**2023**
(£2,623.01)
(£2,747.08)
(£1,352.73)
(£0.00)
(£190.41)
(£0.00)
(£127.24)
(£754.69)
(£669.26)
(£20.00)
(£147.50)
(£944.40)
(£1,800.00)
(£1,590.50)
(£7.79)
(£0.00)
(£115.00)|
|---|---|---|
|||**(£13,089.61)**|
## **Note 6.**
## **Cash Movements and Balances**
At Start of Year 1st Sept 2023 £29,507.89 Cash Generated in 2023 £19,752.65 At end of Year 31st Aug 2023 **£49,260.54** Cash Used in 2024 £(19,184.59) **Bank Balance 31[st] August 2024 £30,075.95**
Sydling Village Hall CIO Registered Charity 1180565 Page **5** of **6**
Accounts Approved:
**----- Start of picture text -----**
_________________________________________ Laura Cheney Chair
_________________________________________ Ian Armour Treasurer
_________________________________________ Jeff Guy Auditor
Dated_____________________________
**----- End of picture text -----**
Sydling Village Hall CIO Registered Charity 1180565 Page **6** of **6**