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2024-03-31-accounts

Wanborough Barns Management Committee Balance Sheet March 31, 2024

BANK ACCOUNTS
Current Account
Savings account
Cash
FIXED ASSETS
Equipment
Displays and Banners
CURRENT ASSETS
Stock for resale
TOTAL ASSETS
LESS: Advanced deposits
TOTAL
FUND B/F
Surplus/deficit for year
FUND C/F
March 31 2024
March 31 2023
£
£
6,446
29,237
42,510
19,000
20
20
48,976
48,257
3,353
4,471
170
227
3,523
4,698
1,199
1,399
1,199
1,399
53,698
54,354
5,150
3,597
48,548
50,757
50,757
41,136
-2,207
9,621
48,550
50,757

Signed

R E Lansdowne Treasurer

A Brew Hon Ind Examiner

Wanborough Barns Management Committee Income statement y/e March 31, 2024

note
INCOME
Barn activities
Catering
Donations received
Hire of barn
Lottery
Interest received
1
Schools Project
2
EXPENSES
Schools Project
3
Depreciation
4
Insurance
Sundry expenses
Jubilee lunch
Lease payment
NET INCOME/(DEFICIT)
y/e 31/3/24
y/e 31/3/23
£
£
102
323
521
624
537
485
5,212
4,779
-
35
510
83
-
12,310
6,882
18,639
1,564
1,020
1,175
584
812
776
538
673
-
965
5,000
5,000
9,089
9,018
(2,207)
9,621

Notes to the accounts y/e 31 March 2024

General note. Most categories were in line with last year's numbers.

  1. Interest received has increased due to higher cash balance and the rise in bank rate. 2. £12,310 was raised in the previous year through grants and crowdfunding for the design and construction of new display boards, video and other costs to attract a younger audience through school visits.

  2. £2,584 has been spent to date on the initial cost for the design for the school project and the balance is budgetted for 2024 and 2025.

  3. Depreciation is higher than last year due to new lights in the Barn