- Coddington Village Hall CIO (1188363)
Report of the Trustees year ending 31.12.2023
Following on from the lean post-Covid months, during which many of our regular hirers had struggled to continue with their groups through declining numbers, whilst ad hoc bookings were becoming increasingly hard to secure, we are able to report that this past year has seen a much more buoyant period for the Village Hall.
We now have regular hirers filling the Hall each weekday, offering a wide range of activities as diverse as tap dance to ballroom and ballet to dance fitness. Added to this are the long-standing groups such as the Coddington Brownies and the Coddington Women’s Institute, it means the Hall really does offer something for everyone of all ages.
As well as the popular “Live & Local” concert evenings, the Trustees endeavour to offer a wide variety of fund-raising events. The past year has seen plant sales and table fairs as well as quiz nights and a Christmas Fair. The quiz night later in March is already fully booked, and these events draw people in from across the district, many of whom later go on to book the Hall for their own events.
Especially encouraging are the level of repeat bookings seen recently from hirers who have been extremely impressed by the light, bright and welcoming atmosphere of the Coronation Hall. The addition of fairy-lights has proved popular for both small children’s parties as well as more intimate adult evening celebrations.
Meanwhile, the Trustees work tirelessly to ensure the Hall is kept in the best possible condition, and the dedicated volunteers of the maintenance team have recently carried out works to repair stormdamage to the felt roofing of the shed, as well as ensuring the gardens are kept in pristine condition.
Plans are well underway to carry out a total refurbishment of the toilet facilities this year, and we have been successful in securing a grant of £7,500 from Nottinghamshire County Council towards the costs of this project.
Naturally with a building of this age there is always much to be done, and there will always be small mountains to climb to ensure the Hall is preserved for future generations of the village to enjoy. However, the Hall has weathered the turbulent, stormy times of the past couple of years and is now sailing into calmer waters to again resume its place as the jewel in the village’s crown.
Maggie George Chairman On behalf of the Trustees of Coddington Village Hall
Balance Sheet
CODDINGTON VILLAGE HALL
Balance Sheet
31st December 2023
| Note £ £ Fixed Assets Land and Property 80,000 Chairs 6,956 Less Depreciation -6,956 -0 Heating Renewal 3,388 Less Depreciation -1,341 2,047 Cupboards 0 1,999 Less Depreciation -375 1,624 Total Fixed Assets 83,671 Current Assets Debtors 185 Prepayments 516 COIF Accumulator 2 36,308 COIF Deposit A/c 3,516 Nat West Current A/c Cash 0 Co-op Bank 18,031 58,555 Current Liabilities Receipts in Advance 750 Creditors 1,237 Key Deposits 190 2,177 Net Current Assets 56,379 Net Assets 140,050 Represented By Designated Improvement General Funds Fund Fund Retained surplus at 1st January 6 3,300 2,572 123,035 128,907 Additions during the year 3 5,825 5,825 Funds Applied or Transferred 0 0 Surplus (Deficit) for the year 3,084 2,234 5,318 9,125 5,656 125,269 140,050 2023 |
£ £ 0 80,000 6,956 0 -6,956 -0 3,388.20 0 -494 2,894 0.00 0 0 82,894 0 0 0 2,110 0 466 0 32,265 0 9,351 0 0 0 2,275 0 0 46,467 0 0 0 264 0 190 454 0 46,013 0 0 0 128,907 0 0 131,579 8,203 -7,498 -3,377 128,907 2022 |
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0.01
| Not Income Lettings Fund Raising COIF Accumulator 2 Interest on Deposit Account Grants 3 Live and Local Income Live and Local expenses Total income Expenses Electricity Gas Water Fire Inspection Insurance P.R.S. Maintenance/Refurbishment Consumables NSDC Waste Administration Fund Raising Depreciation 4 Cleaning Other Expenses Broadband Grant Projects Improvements Total Expenses Surplus (Deficit) for year |
12 Months to 31st December 2023 e Designated Improvement General Funds Fund Fund Total Funds £ £ £ £ £ 6247 6247 1932 1932 4043 4043 216 216 5825 1000 6825 3914 3914 -2403 0 -2403 5825 3443 11505 20773 20773 505 505 787 787 334 334 4 4 1398 1398 45 45 2021 2021 158 158 199 199 346 346 7 7 1222 1222 2011 2011 36 36 198 198 0 0 359 359 0 0 0 359 9271 9630 9630 5825 3084 2234 11143 Statement of Financial Activities 2023 |
Total Funds £ £ 6135 0 1609 0 -2928 0 53 0 8203 0 3229 0 -2266 0 14035 0 0 14035 0 0 0 0 348 0 813 0 106 0 178 0 1200 0 200 0 2312 0 90 0 191 0 138 0 0 0 494 0 2910 0 228 0 7498 0 0 0 0 0 16706 16706 -2671 2022 |
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Notes to The Accounts
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1 No one involved in the management of the hall or connected to anyone involved in the management of the hall has received or is due to receive any payment from the trust other than out of pocket expenses.
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2 The COIF Accummulator is held as a Current Asset and is shown at valuation at the date of the Balance Sheet.
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3 A Grant towards the cost of updating the Toilet facilities was received, £5625 being 75% of the total awarded. A further £200 grant has been received from Nottingamshire CC.
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4 Capital items are depreciated in equal instalments over four years.
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5 Project expenses are charged against the relevant Designated Fund and not depreciated as an asset
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6 In 2022 the Committee decided that General Hire Income should pay for the overheads of the Hall and that any Fund Raising Income should go towards Improvements. Therefore £2,572 net Fundraising Income from 2022 has been shown separately.Whilst these are not Designated Funds, it does indicate the Committee's preference for their use.
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6 In 2022 there was an overprovision of the Chubb Fire Inspection contract amounting to £168 which has been offset against the 2023 charge resulting in a net charge to SoFA of £4
7 Movement in Designated Funds
| Balance Brought Forward Additions during Year Funds applied during Year |
Extention Kitchen Toilet Insulation TOTAL 2595 2 703 3300 -2 5825 2 5825 0 0 2595 0 5825 705 9125 |
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