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2022-03-31-accounts

CIO No. 1181396

Minutes of the Borrowdale Institute Trustees Meeting held on 8[th] August 2022.

1. Welcome Nigel welcomed those present at the meeting: Trustees present: Nigel Dixon (Chair) Adrian Paye (Deputy Chair) Pam Cooke (Secretary) John Postans (Treasurer) Freda Chapman

2. Apologies

Ralf Smits and Lucy Doolin

3. Minutes of the Trustees meeting held on 3[rd] May, 2022 .

Proposed: Nigel Dixon, seconded: Pam Cooke. Minutes were approved

4. Matters Arising- not on this agenda

Marquee - our marquee has to be erected and dismantled by us. If anyone wanted to have a marquee for a special event it was felt that it would be better for them to hire one themselves.

Audited Accounts - John to complete a financial report to accompany the audited accounts.

5. Election of Officers

As our Officers have been elected until November it was decided to delay this voting until our next meeting in November.

6. Co-opted to the Trustees.

Secretary - Pam Cooke

Proposed: John Postans Seconded: Freda Chapman.

Freda Chapman is going to look at the Constitution to establish quorate requirements for the voting in of Officers.

Action Freda to look at our Constitution.

7. Correspondence

Pam reported that she had emailed Mark Radcliffe inviting them to nominate someone to represent their organisation onto our Board of Trustees.

She had also sent a similar e-mail to ask Jane Saxon inviting them to nominate someone to represent their organisation onto our Board of Trustees.

Pam had drafted a letter of thanks to send to Walkers, the Builders to thank them for all the work they had done renovating the Institute.

Action: Pam to send letter of thanks to Walkers.

Pam had been asked to circulate an invitation to the Borrowdale Story Launch of the Mining Exhibition at St. Andrew’s Church on 4[th] September at 3.00 pm.

Action: Pam to send out an Invitation to all the Trustees about the Mining Exhibition.

Canopy - Pam had emailed Darren about the damage to the Canopy. Adrian had dealt with this, but Darren has still not paid our bill to repair the canopy.

Action: Adrian to send him a letter . Letter will state that if he has not paid us within 7 days we will have no alternative but to put the matter into the hands of our insurers.

Pam had received an email explaining that Freda had been in correspondence with Emma West who had been doing some research on the Institute. She had been looking at some Historical Documents linked with the founding of the building.

8. Treasurers report.

Annual Accounts - The 2021-2022 accounts were approved by our External Auditor Alan Jacobs. The Trustees thanked John for his work on these.

The annual accounts were approved by the Trustees.

Outdoor Storage Shed - The Trustees had asked Walkers to complete and make improvements to the shed. It cost £10,000 to put on a new roof, a new floor and to paint the shed.

Retention Fee – This has been paid to the builder.

Curtains and Blinds - The Trustees have purchased new curtains and blinds for the main hall. Car Park Income - income from the car park is down by about 10% . It only costs £5.00 per day to park a car.

The general public are not allowed to use the car park if there is a wedding or special event taking place. However, an element of the charge for special functions goes towards parking costs. (£100.00.) We need lines drawing in the car park.

Energy – our current power contract expires in February 2023.

The latest financial projections indicate that the Institute is now on an even keel. However, money will need to be spent on the Fire Alarm work.

Action for Cumbrian Communities - Adrian had attended a meeting held by ‘Action for Cumbrian Communities’. The Government has set up this charity and they may be able to help us with energy costs for the hall.

Action for Cumbrian Communities hold regular meetings. These include face to face and zoom meetings. John volunteered to attend the zoom meeting on 13th August at which utility aid will be discussed. Many halls have benefitted from money awarded by this organisation.

We could ask for funding to replace the floor in the main hall. When replacing the floor we could insulate underneath it to help conserve energy.

Andy Roberts has offered to help us apply for this. The person we need to contact is Helen Aitken.

Nigel proposed that we should initiate the application process.

We should try to join the Hallmark scheme. This is a scheme which promotes good management and stewardship of village halls.

Adrian will circulate what we have to do to reach Level1 of this scheme. They require a list of committee members and their terms of office etc. and need to be notified when they resign and when new people are appointed.

Fuel - The heating of the hall is carefully monitored. John and Lucy keep a close eye on this. John switches the heating on and off when required.

It would help John if times could be included on the hall usage schedule. Action: Lucy Doolin to include times on the hall usage schedule.

Fuel projections – Heating oil has come down slightly in price.

9. Buildings Report

This has been included in the Treasurers report (shed and new floor). See also item 11. The Premises License application.

10.Borrowdale Institute Coordinator’s Report.

The Trustees thanked Lucy for her report.

Area for development at the Institute - The car park chain does not work well. For example, someone has fallen over it. The chain is difficult to put up on your own.

We need to have a thick, brightly coloured rope (reflective if possible). We need to look for an alternative to the chain and decide exactly where it should go.

Action: Nigel and Adrian to consider this and organise an alternative to the chain.

Bar Locks - New locks are needed for the bar in the Community Room and the newly created bar in the main hall storage area. These need to have separate locks so that hirers do not have access to both bars. Different key codes are required for each bar.

Lucy need not show people the large fridge in the right hand storage area.

The stores need to be sorted out. Lucy and Tom will need some help from the Trustees to do this probably sometime in November.

Freda has volunteered to donate some glasses to us that she doesn’t need. The Trustees thanked Freda and agreed to accept them.

11.Premises Licence Application

Cumbria Police have asked us to install a CCTV system as a condition of the Premises Licence. We have been asked to provide cameras on the inside and outside of the building to cover all the entrances.

Beacon quoted £1,500 for installing one camera inside the hall and another camera outside on the side door (not the front door).

Tom Mellerdew from Derwent Digital (they did the work for Glaramara) quoted £2,000 for one camera near the front door, the side door and one inside the main hall.

Both installations would record footage on an app which would be kept for 28 days. Nigel would have the app on his phone.

The Fire Authority were also concerned that the fire alarm would not be heard if loud music was being played in the hall.

They had indicated in their report that we should install a Narwol system which means that people see a flashing red light if the alarm is activated.

This all needs to be explained in the Terms of Hire document. We decided it would be a better idea to cut off the power to the sockets (not the lights) if the alarm was activated. This would cut out the noise of the disco immediately allowing people to hear the alarm. The work should cost in the region of £500.00.

Action: Adrian to seek a quote from Ben the electrician (C and E Builders).

The Trustees decided to go with the more expensive quote for the CCTV system from Derwent Digital.

The Premises Licence also requires Tom the barman to complete an online Challenge 25 course.

Action: Pam to make the necessary arrangements.

12. Date of next meeting:

Tuesday 15th November, 2022 at 5.00 pm.

13. A.O.B.

Bookcases - Carl has lots of spare books he would like to donate to us. The Trustees decided to create a community book service.

Action: Adrian to organise some bookcases.

Games Night - Carl has volunteered to run a games night every Wednesday night throughout the winter. It would start about 7.00 pm. He has cleared this with Lucy.

We will need to decide the format of this and what games should be included. It will need some funding from the Trustees.

Action: Carl to organise and publicise

Meeting closed at 6.45pm

Borrowdale Institute Borrowdale Institute Borrowdale Institute Borrowdale Institute Borrowdale Institute Nov 8, 22
Reg Charity no 1181396
Receipts and Payments Account for theyear ended 31st March 2022
year ended 31st March year ended 31st March
2022 2022
Restoration Restoration
Trading Fund total Trading Fund total
Receipt s(general) (restricted) Payments (general) (restricted)
Grants 74,441.00 74,441.00 Fund raise Equip 147.60 147.60
Donations 5,680.00 5,680.00 Architects/planning 1,152.00 1,152.00
Gift Aid 1,479.01 1,479.01 Other 4,000.00 Other 4,000.00
Crowdfunding 46.30 46.30 Promotions 885.17 885.17
Amazon 34.85 34.85 Licences 132.00 132.00
200 Club 1,200.00 1,200.00 Utilities 3,007.45 3,007.45
Events 3,640.00 3,640.00 Cleaning 2,543.65 2,543.65
Collection Boxes 330.77 330.77 Insurances 1,522.50 1,522.50
Maintenance 2,525.54 2,525.54
carpark 7,306.93 7,306.93 Admin & Staty 9,223.20 9,223.20
Interest - - Construction 149,817.10 149,817.10
Bar 5,063.56 5,063.56 Furniture/Equip. 39,541.15 39,541.15
Other 1,546.28 1,546.28 Bar Stock 6,664.28 6,664.28
Hall Hire 3,130.00 3,130.00 Events 1,503.00 1,503.00
total 21,886.77 82,011.93 103,898.70 total 32,154.39 190,510.25 222,664.64
Surplus(defcit) (10,267.62) (108,498.32) (118,765.94)
### ### ### **### ** 82,011.93 103,898.70
Asset Statement year ended 31st March 2022
Trading
Restoration
Total 31st March Dif.
Account Fund Funds 2021 +/-
(general) (restricted)
Balance 1st April 2021 12,372.84 139,258.11 151,630.95
Transfer to Trading Account 13,759.79 (13,759.79)
Add surplus foryear -10,267.62 -108,498.32 -118,765.94
Balance 31st March 2022 15,865.01 17,000.00 32,865.01
Held as:-
Current account 32,865.01 151,630.95 - 118,765.94
Deposit account 5,921.08 5,918.40 2.68
BarTill Float(Cash) 161.00 - 161.00
Cash in hand to bank 15.37 - 15.37
38,962.46 157,549.35 - 118,586.89
Fixed & Other Assets
Institute Building 680,000.00
Furniture & Fittings 35,000.00
Bar Stock(Estimate) 1,000.00
Report to the Committee Total 716,000.00
The above Receipts & Payments Account and Asset Statement
areprepared in accordance with theprovisions of the
Charities Act 1992. The land & buildings of the Borrowdale
Institute are held bythe Parish Council as Custodian Trustee.
J H Postans - Treasurer 2022
Auditors Report
I have examined the fnancial records of the Borrowdale Institute for theyear ended 31st March 2021
and confrm that the above Receipts & Payments account and Asset Statement represent a true statement
of the fnancialposition;subject to the fact that there is no audit trail for the cash income,which I have taken as
stated in the cash book or the bar stock valuation.
A.Jacobs - Independent Examiner **2022 **
RE
Light,heat Licences
Prof
Arc deposit Renovation Furniture Bar
water, Phone Insur. fees plan Promotion
a/c
Construction Equipment
Stock
367.06
4,668.00
640.89
132.00
31,063.78
826.76
3,549.62
479.83
1,000.00
1,175.83
14,889.23
7,782.62
439.95
95.00
43.58
3,088.48
514.55
5134.5
68.52
1390.00
1,000.00
642.00
5,132.28
2,850.00
42.54

178.93 175.25 1,209.93 89,768.87 103.20 -58.72 2,829.01 1,152.00 1,731.00 50.00 195.00 -268.44 42.90 52.80 161.00 317.09 158.40 40.68 1,031.34 42.78 2,020.00 44.36 335.50 211.20 55.53 996.69

109.06
400.00
42.54
30.00
19.89
92.50
263.81
571.77
43.14
500.00
1,450.95 625.40
35.28
43.40
460.80
649.00
3,086.22
92.22
1,117.05
1,418.20
43.62
318.00
339.90
581.70
42.54
75.00
35.28
348.00
42.54
180.00
70.52
3,007.45 **### ** 132.00 ### 885.17 **### ** 39,541.15 ###

Events other

1,353.00

150.00 4,000.00

2021/22

Borrowdale Institute

Deposit account

receipts

Borrowdale Institute
receipts
Borrowdale Institute
receipts
Deposit account
2021/
Current
interest
account
total
£5,918.56
£0.06
£0.06
£0.05
£0.05
£0.06
£0.06
£0.06
£0.06
£0.07
£0.07
£0.06
£0.06
£0.06
£0.06
£0.06
£0.06
£0.06
£0.06
£0.22
£0.22
£0.53
£0.53
£1.23
£1.23
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
2021
vouch
no
c/no
Apr
1
Balances bfd
Apr
1
interest to 31st march
May
1
interest
June
1
interest
Jul
1
interest
Aug
1
interest
Sept
1
interest
Oct
interest
Nov
interest
Dec
interest
Jan
interest
Feb
interest
Mar
interest
£2.52 £0.00
###

Current balances

2

Nov 8, 22

payment

----- Start of picture text -----
total transfers
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
- - -
###
----- End of picture text -----

Borrowdale Institute CASH

----- Start of picture text -----
Net to Bank
receipts G-O
Date Bar income Boxes Events hire car
net income of hall park total
05/05/2021 279.00 279.00 279.00
06/04/2021 265.00 265.00 265.00
07/01/2021 63.75 420.05 483.80 423.80
07/15/2021 126.05 474.35 600.40 600.40
07/28/2021 542.73 542.73 542.73
08/05/2021 175.00 175.00 0.00
08/19/2021 358.85 358.85 358.85
08/25/2021 314.80 314.80 314.80
09/22/2021 795.00 770.00 1,565.00 940.64
10/22/2021 80.00 751.65 831.65 374.90
10/28/2021 100.00 100.00 100.00
11/12/2021 50.00 250.00 300.00 300.00
11/18/2021 65.00 65.00 65.00
11/26/2021 90.00 90.00 90.00
11/29/2021 350.00 350.00 200.00
12/13/2021 1,310.00 1,310.00 1,160.00
12/29/2021 1,275.00 191.00 1,466.00 1,316.00
01/13/2022 415.00 415.00 415.00
01/19/2022 80.00 70.00 150.00 150.00
02/02/2022 249.50 249.50 249.50
02/17/2022 191.00 191.00 191.00
03/02/2022 50.00 100.00 150.00 150.00
03/16/2022 259.00 259.00 259.00
03/31/2022 375.00 375.00 375.00
-
-
-
-
-
-
-
-
-
-
-
-
-
3,730.00 80.00 180.00 6,706.93 10,886.73 9120.62
----- End of picture text -----

2021/22

----- Start of picture text -----
payments
Date cleaning casual general admin purchases total
labour maint
07/01/2021 60.00 60.00
08/05/2021 175.00 175.00
09/22/2021 250.00 330.00 44.36 624.36
10/22/2021 118.75 300.00 8.00 30.00 456.75
11/29/2021 150.00 150.00
12/13/2021 150.00 150.00
12/29/2021 150.00 150.00
543.75 1,080.00 - 8.00 74.36 1,706.11
----- End of picture text -----

Donations

Donations 2017/18
2017
09/28
Betty Walker
2018
Mar 02
Gilbert Smithson Adair Trust
Mar 03
Freda Chapman
Mar 04
Adrian Paye
Anna Lawford
Mar 08
RAM Prince Keld
03/10
Joan Guha
John Bennett
Barbara Newton
Diana Hind
Mar 12
Gilbert Smithson Adair Trust
Richard Lewis
Mar 15
Catrian Hudson
Mar 20
Christine Ellwood
Mar 23
Don Bates
Mar 27
David McMaster
Mar 31
T Charlesworth
Peter Hutchinson
Michael Chapman
Emmy Mounsey
Kevin Crisp
Donations 2018/19
2018
Apr 10
Lucy Bestley
Apr 16
JA Figg
May 02
Theresa Stokhuyzen
May 11
Uglow JS & SP
May 14
Margaret Braithwaite
Aug 13
JA Hobson
Oct 11
Roger Cooke
Oct 23
David Woodthorpe
Nov 13
Jennifer Morris
Dec 13
Mr G Jenkinson
Dec 13
Mrs JW Sutclife
Dec 13
O. Reynolds
Dec 28
Elizabeth Cook
Dec 28
William Herbert
Dec 28
Borrowdale & Grange PCC
2019
Jan 31
JA Hobson
Mar 19
S Uglow
Donations 2019/20
Apr 30
Judith Elliot
Jun 03
Dr CW de Voil
Jun 17
Neil Mcallister
Jun 17
Paypal - Freda & friends
Jun 30
Elizabeth Spence
Dec 10
Borrowdale Parish Council
1,000.00
500.00
500.00
500.00
500.00
50.00
100.00
300.00
100.00
20.00
1,000.00
2,000.00
100.00
250.00
100.00
5,000.00
500.00
100.00
100.00
1,000.00
100.00
13,820.00
100.00
50.00
1,000.00
100.00
100.00
250.00
500.00
500.00
500.00
150.00
20.00
500.00
1,000.00
10.00
1,000.00
150.00
100.00
6,030.00
10.00
100.00
100.00
75.00
100.00
250.00
Gift Aid
rec'd
505.00
500.00
500.00
100.00
100.00
100.00
5,000.00
1,000.00
100.00
7,905.00
2,479.00
500.00
1,000.00
10.00
1,510.00
-
Dec 17
Alan Jacobs
250.00
Dec 19
Fowler
1,000.00
2020
Jan 02
G Liddle
100.00
Jan 24
CBC Creditors
200.00
Jan 25
Keswick Lions
1,000.00
Feb 08
E W Blakie
100.00
Mar 24
R Charles
25.00
3,310.00
Donations 2020/21
May 18
David McMaster
5,000.00
Jul 02
David Beeby
10,000.00
Jul 28
P Bibby
12.00
R Maund
20.00
J Wigg
100.00
Jul 29
Gilbert Smithson Adair Trust
15,000.00
Jul 31
Allerdale BC
2,000.00
Aug 31
Roger Cooke
500.00
M. Stonestreet
150.00
Sep 07
Trustee
10,000.00
Trustee
5,000.00
Sep 16
JohnPostans
500.00
Margaret Braithwaite
500.00
Sep 23
Workington/Keswick Walk
100.00
Barnsbury Charitable Trust
2,500.00
Mr & Mrs Matthias
50.00
Sep 30
United Utilities
5,000.00
Gurney Trust
1,500.00
Oct 12
A King (CAF)
50.00
Oct 28
M Gibson
100.00
M Hunford (CAF)
500.00
D & R Fitzpatrick
1,800.00
Nov 09
Hadfeld Trust
2,500.00
Jan 06
Mr J S Gordon
100.00
Jan 07
J Stratheam
100.00
Jan 17
Mr & Mrs Stokhuyzen
10,000.00
Feb 08
Mr & Mrs Barton
35.00
Feb 08
Emmie Mounsey
500.00
Feb 17
M & S Chapman ( mountain View 100.00
Feb 17
Cash ( via Nigel)
50.00
Feb 24
Mr Plaut
100.00
Feb 24
Mrs Ellwood
100.00
Feb 24
D.Beeby
1,000.00
Feb 24
M&J Stonestreet
500.00
Mar 06
L P Bestley
1,000.00
Mar 16
G Jenkinson
500.00
76,967.00
Donations 21-22
Apr 12
4,000.00
Apr 12
Mrs T Tyler
250.00
Jun 23
J Blinston
500.00
Aug 03
S Little
500.00
Dec 29
J Postans
1,000.00
-
2,500.00
1,250.00
125.00
125.00
62.50
125.00
125.00
250.00

6,250.00

1,479.01

4,562.50

Total to date ###

Donations 2021/22 Apr 01 J & L Cole 30.00

Grants Received

Grants Received
2018
Oct 31
Garfeld Weston
2019
Mar 19
Harold & Alice Bridges Charity
May 17
Keswick Bridge Appeal
Jun 19
Princes Countryside Fund
2020
Jan 09
Royal Warrant Holders Charity Fund
Apr 30
Allerdale BC Business grant re Covid 19
Nov 09
Hadfeld Trust
Nov 12
Bernard Sunley
Nov 20
Village Hall Improvement Trust
Dec 11
The Big Lottery
2021
Apr 09
The Big Lottery
Apr 28
Allerdale BC
May 17
Cumbria CC
Jun 25
Allerdale BC
Jul 05
Cumbria CC
Oct 15
The Big Lottery
Nov 19
The Big Lottery
Jul 14, 05
Feb 28
Cumbria CC
Total
rec'd
£20,000.00
£2,000.00
£750.00
£10,000.00
£2,000.00
£10,000.00
£2,500.00
£10,000.00
£50,835.00
£12,792.00
£39,924.20
£8,000.00
£1,000.00
£175.00
£4,500.00
£21,926.40
£3,665.40
£250.00
###
Debit Card Credit Card
Date Detail Cash 113202 113377
08/28/2021 Wedding Bar £795.00 £426.66 £242.27
11/15/2021 D. Jackson B'Day £266.00 £206.95
11/25/2021 Farmers Dinner £350.00 £0.00 £0.00
12/13/2021 Quiz Night £1,160.00 £275.45 £221.23
12/29/2021 S.Jackson B'Day £1,316.00
£3,621.00 £968.11 £670.45

£7,242.00 £1,936.22 £1,340.90

Total

£1,463.93 £472.95 £350.00 £1,656.68 £1,316.00

£5,259.56

£10,519.12

Year car
ended park
31st March income
1991 522
1992 853
1993 1,132
1994 1,470
1995 1,863
1996 1,403
1997 1,372
1998 1,545
1999 1,176
2000 1,988
2001 1,151
2002 2,395
2003 3,571
2004 3,948
2005 4,253
2006 4,737
2007 5,436
2008 6,635
2009 6,482
2010 6,398
2011 6,095
2012 6,315
2013 5,815
2014 5,528
2015 6,386
2016 6,369
2017 6,765
2018 7,239
2019 6,590
2020 4,067
2021 7,307
2022

Loan £5,000.00 no Interest no time limit

Repayment Schedule

Date Amount repaid Cheque or Transfer Ref: Balance Outstanding
1.4.21 £0.00 0 £5,000.00
29.12.21 £4,000.00 £0.00

Note. It was Agreed that £1,000.0 would be made as a donation + Gift Aid Loan now repaid

Borrowdale Institute Reg Charity no 1181396 Receipts and Payments Ac¢ount for the year ended 31st March 2022 r ended 31st March r ended 31st March 2022 2022 09Jun-22 ReSt￿ation Fund (restricted) 74.441. 5.680.(AJ 1.479.01 46JO Restoration Fund (reslrided) Trading (g8n&Trl) Trading total Receipts Gronts Payments 74.441.LM) S.660.(KI 1.479.01 147.60 147.60 1,152.00 1.152.00 4.000.00 885.171 132.tA) 3,007.45 2,543.65 1,522.50 2,525.54 9,223.20 149,817.10 39.541.15 6.664.28 1.503.00 ftAid 4,0￿. 885.17 Prornotions Am￿n 24.85 34.85 1,200.00 164). 132.CM) 2(X) Club 1,200.00 3.640 (A) 3,007.45 2,543.65 1,522.5D 2.525.54 9,223.20 ' aeèning Colle¢tTh Bc T.3￿.93 7Jffj.93 Interest 149A17.10 39.541.15 S,(￿.58 1.546.28 3,130.IYJ 21.886.77 5.063.56 1.546.28 3.1XI.(NJ lo3.￿8.70 other 6,664.28 1,503. 31154.39 {1D.267.62)' 21M86J7 ￿￿1 Hire total 82.011.W3 t￿.510.25 , IIOS,498.321 82P11J3 j118,765.94) 1039#.70 21.886.77 82.011.93 103W.78 Asset statement year ended 315t March 2022 Trading Restoration Total 31st March Diff. Furwl FuThJs 2021 (gener) 1237184 13.￿.79 -lo.￿7.62 15.866￿1 Held as:_ 1st A￿112￿21 , Transfer to Tradlng Account Add sU￿￿S ftsr year . 31si 2022 139.258.11', 151.6￿.95 {13.759.791 -118.7SS.94 32A65JJ1 17WJ 2.86S.01 5.921.08 I61.￿> 15.37,. 38J62A6 151.63D.951 5.918.40 118,7V) BarTr (Cashl. 161 IYJ 157.549J5 . 'Fixed & Other Assds 35.(m.OD 1.CX)O.CXJ 716.000.0(¢ B Sicdt IEdwy) Report to the Committee The above Receipts & Payménts Account and Asset ststement are Pfepared in accgrdance with *he promsions of the Chaiities Act 1992. The land & buildings of the Borrovnjale InStit￿e are held by thè Parish Coun¢il as Custodian Trustee. .J H Postsns- Treasurer Auditors Rèport I have examined the financial records of thè BO￿0V￿ale InstitiJtefor the year end&Y 31st Mareh 2021 and confirm that the above Receipts & Payments account and Asset statement represerrt a true statement of the f1nancial position.. subject to the fad thatthere is no audit Irail e cash income. which I have taken as stated in the cash book or the baT siock valualion. Jaco - Inde ndent Examiner