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2021-12-31-accounts

SWAY VILLAGE HALL

Charity Registration Number 1184234

MIDDLE ROAD, SWAY, LYMINGTON, HAMPSHIRE, SO41 6BB

Chair of Trustees Annual Report for the year ending 31 December 2021

Summary

The pandemic made 2021 a difficult year for the Hall with both regular users and one off bookings well down in the first half of the year. Slowly there has been a steady recovery as confidence returned to the country as a whole but some organizations are reluctant to return to normality and some never will.

The Hall is indebted to support from central and local government in the form of grants provided to cover shortfalls arising from the pandemic.

2021 saw the transfer of charitable status from the old charity to a new CIO and the completion of a new long term lease for the hall. The new charity took over the assets and liabilities of the old one in August 2021 but for reporting purposes the return will treat the new charity as having been in place since the start of the year.

Trustees

Sadly we must report the death of Graham Turner at the end of December 2021.

Graham had been a trustee and former Chairman for some years and his support will be sadly missed.

The Trustees were:-

Barry Gough Pat Rendell Graham Turner Ian Gale

Barry and Pat have expressed their intention to retire at the March AGM and we thank them for their support and hard work over many years. Subsequent to the year end Clarissa Evans and Roger Owen have agreed to become Trustees.

Objectives

The aims and objectives of the hall remain that of providing a sustainable facility for the residents of Sway to be used across a wide variety of activities.

The Trustees will act to ensure the long term viability of the hall consistent with the new long term lease.

Key Issues

From the start of 2021 until July 19[th] there were severe restrictions on allowing gatherings of people across the UK and this impacted on the hall. We decided that the most sensible option was to allow Little Flyers pre school nursery to continue throughout at the expense of other users. This saved cleaning costs and protected the long term future of Little Flyers but impacted on user groups.

Once restrictions were lifted we were able to return to some normality but with mandatory and sensible restrictions and this continued to impact on revenues.

I am pleased to report that since the start of 2022 bookings and usage have returned to levels close to pre-pandemic.

As well as the Trustee changes we have a new Treasurer and Booking Secretary and have also sought to improve the bookings and accountancy software.

Planning permission has been sought for a major expansion of the hall to accommodate the local Scout group and to extend Little Flyers capacity. No decision has been reached and discussions continue with other Sway resources to decide the most sensible solution for the village as a whole.

General charges were increased for the first time in five years.

There were no major repairs required in the year but some ongoing projects continue.

The new charity status is based around the CIO format and is ideal for our operation and has allowed the establishment of a new 99 year lease from Sway WI.

A streaming facility was purchased in the year but requires further development before it can become a useful adjunct to the hall media systems.

Financial Report

The Hall made a loss in 2021 of £5256 from a turnover of £40304 but this simple statement masks some major underlying issues.

The pandemic dramatically impacted hall lettings and other income with virtually complete closure of the hall until July 19[th] .

We were supported by grants of £19969 from central and local government and for this we are most grateful.

To make things more complicated we also experienced some one off costs around the new lease and planning issues which were already in process and will not repeat.

Expenditure of £3731 on streaming equipment as part of the hall upgrading also represented a one off cost unrelated to the trading in the year.

Since July income has recovered steadily and we are pleased to report that the first quarter of 2022 has provided a net profit of £630.

I D Gale Trustee

LOTTERY FUNDED

SWAY VILLAGE Charity Registration Num Accounts for the year 1st January

INCOME 2020 2021
Letting & Hire Income £11,135.16 £13,290.93
Donations £635.00 £636.37
Cinema Income £1,223.01 £1,153.19
Cinema Advertising Income £230.00 £0.00
Grants Received £14,692.00 £19,968.70
Phone/Broadband £110.40
Bank Interest £3.61 1.02

Income Totals £28,029.18 £35,050.21

Bank Balances 1st Jan 2021 31st December 2021 Current Account £9,778.86 £4,521.87 Deposit Account £10,012.10 £10,013.12 £19,790.96 £14,534.99

31st December 2021

Net Difference Over Year

HALL

mber 1184234 y - 31st December 2021

EXPENDITURE 2020 2021
Gas & Elecricity £4,976.41 £3,621.63
Water £934.62 £836.82
Telephone & Broadband £378.79 £364.85
Cleaning Services £5,088.23 £7,449.39
Administrative Duties £4,741.46 £4,810.32
Repairs & Maintenance £4,947.51 £4,725.73
Equipment Service £100.97
Insurance £1,420.78 £1,340.17
Advertising £0.00 £325.00
Purchases £5,815.94
IT £628.80 £1,340.84
Stationery & Printing £91.84 £117.90
Professional Fees £7,157.60 £10,013.86
Audit Accountancy Fee £180.00
Licences £437.69
Fundraising Costs £110.97
Miscellaenous Expenses £920.87
Cinema Capital Costs £513.44 3,731.49
Cinema Running Costs £102.90 £384.09
Cinema Film Hire £941.63 £626.40
Cinema Advertising Expenses £130.00
Expenditure Totals £39,002.76 £40,306.18
Net Surplus/Defcit -£10,973.58 -£5,255.97

-£5,255.97

Independent examiner's report on the accounts

Section A
Independent Examiner’s Report
Section A
Independent Examiner’s Report
Report to the trustees/
members of
On accounts for the year
ended
Set out on pages
Responsibilities and
basis of report
Charity Name
Sway Village Hall
31 December 2021
Charity no
(if any)
301965
Pages 1 and 2
(remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above
charity (“the Trust”) for the year ended 31/12/2021.
As the charity's trustees, you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011
(“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed:
Name:
Relevant professional
qualification(s) or body
(if any):
Address:
Darren Warren
Date:
09/06/2022
Darren Warren – Paxton Independent Examiners
FMAAT
61a High Street South
Rushden
Northants, NN10 ORA

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

Charity Commission SOFA Details Report

Page 1 of 2

Paxton

Charity no. 301965 Sway Village Hall

December 2021
S01 Donations and legacies
Donations received
Grants received
Sway PC grants
Cinema Advertising Income
Cinema Capital Costs
Cinema Running Costs
Cinema Income
Cinema Advertising Expense
Cinema Film Hire
S02 Charitable activities (inc.)
S03 Other trading activities
Letting/hire income
Talk Talk
S04 Investments
Interest received
S05 Separate material item of income
S06 Other (inc.)
S08 Raising funds
Fundraising costs
S09 Charitable activities
Salaries and wages
Administrative Duties
Gas
Electricity
Water
Telephone
Unrestricted
5
18,303
1,666
0
3,731
468
1,153
0
542
25,868
0
13,927
84
14,011
1
1
0
0
0
0
2,806
2,004
1,422
2,200
837
302
Restricted
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Endowment
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Year Total
5
18,303
1,666
0
3,731
468
1,153
0
542
25,868
0
13,927
84
14,011
1
1
0
0
0
0
2,806
2,004
1,422
2,200
837
302
Last Year
635
14,692
0
230
513
103
1,223
130
941
18,467
0
11,135
110
11,245
4
4
0
0
111
111
0
4,741
1,488
3,489
935
379

Paxton Charity Commission SOFA Details Report Page 2 of 2

Charity no. 301965 Sway Village Hall

December 2021
Insurances
Janitorial costs
Repairs & maintenance
Equipment Service
Broadband
Stationery
Printing/photocopying
Website
IT costs
Equipment purchases
Sundries
Audit & accountancy costs
Professional fees
S10 Separate material item of expense
S11 Other (exp.)
S14 Net gains/(losses) on investments
S16 Extraordinary items
S17 Transfers between funds
S18 Gains and losses on revaluation of fixe
S19 Other gains/(losses)
Unrestricted
1,340
7,068
4,930
71
62
38
23
1,041
300
0
57
180
10,014
34,695
0
0
0
0
0
0
0
Restricted
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Endowment
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Year Total
1,340
7,068
4,930
71
62
38
23
1,041
300
0
57
180
10,014
34,695
0
0
0
0
0
0
0
Last Year
1,421
5,088
4,948
101
0
34
57
0
629
5,816
0
0
7,158
36,284
0
0
0
0
0
0
0