KINGSCLERE VILLAGE CLUB CHARITY 1189234
INDEPENDENT EXAMINERS REPORT YE MARCH 2024
Kingsclere Village Club Treasurer Report to the Trustees
- Year End 31 March 2024
Independent Verifer Comments
There were no issues that needed to be recorded on the Independent Examiners Report to the Charity Commission.
No recommendations were made.
Trading Income
Trading income increased by £3 100 over the previous year.
Charitable trading increased by £5 200 over the year ending March 2023, due to increases in Hall and Therapy Room lettings and the Library licence.
Non-charitable trading decreased by £2 100 over the previous year. A greater than usual number of events were held in the year 2022-2023 as part of the fundraising drive for the Energy Efficiency Project.
Grants
Most of the £74 000 grant income was for the Energy Efficiency project, which is now complete. £2 000 was received for the Electrical Works project, scheduled for the following financial year. Contributions totalling £1 800 were received from the Library to cover increased electricity costs as the Club has now taken over their electricity account.
Expenditure
Many expenditure headings fell slightly in comparison to the last financial year, but those for maintenance and utilities increased significantly. Painting, replacement of the library lights and work to the roof all contributed to the higher maintenance figure.
Most expenditure on the Energy Efficiency Project (£80 200), was covered by grants received, with the rest being met from our reserves and the £5 000 raised the previous year for matched funding.
In Summary
Money raised by charitable and non-charitable trading covered our running costs, with a surplus of £4 700. In addition, various minor improvements cost £5 100, only £400 of which needed to come from reserves.
It is necessary for us to hold reserves in addition to six months running costs because of the likelihood of major repairs due the age and protected status of the building. The situation is carefully monitored and it will be necessary in future years to ensure these reserves are maintained at a suitable level. The active pursuit of grant funding to cover improvement costs will be vital to the continuing financial health of the Club.
Helen Andrew, Treasurer
KINGSCLERE VILLAGE CLUB CHARITY 1189234
ACCOUNTS FOR THE YEAR ENDED
31 MARCH 2024
KINGSCLERE VILLAGE CLUB 1189234 ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
CONTENTS
| Page | |
|---|---|
| Statement of Financial Actvites | 1 |
| Balance Sheet | 2 |
| Notes to the accounts | 3 |
KINGSCLERE VILLAGE CLUB 1189234
ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
| NOTES INCOMING RESOURCES Donations & Grants 1 Charitable Trading 2 Interest Non-charitable trading 3 Repayment of Utility Errors TOTAL INCOMING RESOURCES RESOURCES EXPENDED Booking & Accounts Facility Cost of Fundraising Licences & Publicity Caretaking Insurance Maintenance 4 Miscellaneous 5 Services 6 Tutor Fees Projects/Capital Expenditure 7 TOTAL RESOURCES EXPENDED NET INCOMING/OUTGOING RESOURCES Funds brought forward FUNDS CARRIED FORWARD |
UNRESTRICTED FUNDS RESTRICTED FUNDS £ 218 £ 74,104 £ 30,005 £ - £ 297 £ - £ 10,110 £ - £ - £ - £ 40,630 £ 74,104 |
UNRESTRICTED FUNDS RESTRICTED FUNDS £ 218 £ 74,104 £ 30,005 £ - £ 297 £ - £ 10,110 £ - £ - £ - £ 40,630 £ 74,104 |
UNRESTRICTED FUNDS RESTRICTED FUNDS £ 218 £ 74,104 £ 30,005 £ - £ 297 £ - £ 10,110 £ - £ - £ - £ 40,630 £ 74,104 |
TOTAL £ 74,322 £ 30,005 £ 297 £ 10,110 £ - £ 114,734 £ 670 £ 2,098 £ 1,413 £ 3,570 £ 2,090 £ 9,489 £ 1,829 £ 11,193 £ 8,200 £ 80,508 £ 121,060 -£ 6,326 |
TOTAL £ 74,322 £ 30,005 £ 297 £ 10,110 £ - £ 114,734 £ 670 £ 2,098 £ 1,413 £ 3,570 £ 2,090 £ 9,489 £ 1,829 £ 11,193 £ 8,200 £ 80,508 £ 121,060 -£ 6,326 |
2022/23 |
|---|---|---|---|---|---|---|
| £17,578 | ||||||
| £24,816 | ||||||
| £32 | ||||||
| £12,232 | ||||||
| £10,165 | ||||||
| £64,824 | ||||||
| £ 670 £ - £ 2,098 £ - £ 1,413 £ - £ 3,570 £ - £ 2,090 £ - £ 9,489 £ - £ 1,829 £ - £ 11,193 £ - £ 8,200 £ - £ 6,804 £ 73,704 £ 47,356 £ 73,704 |
||||||
| £1,747 | ||||||
| £2,455 | ||||||
| £1,666 | ||||||
| £4,517 | ||||||
| £2,090 | ||||||
| £2,205 | ||||||
| £2,207 | ||||||
| £6,251 | ||||||
| £8,415 | ||||||
| £15,912 | ||||||
| £47,465 | ||||||
| -£ 6,726 £ 400 |
||||||
| £17,359 | ||||||
| £ 59,477 | £ 1,600 | £ 61,077 | £43,718 | |||
| £ 54,751 | ||||||
| £ 52,751 £ 2,000 |
£61,077 |
1
KINGSCLERE VILLAGE CLUB 1189234
STATEMENT OF ASSETS AND LIABILITIES 31 MARCH 2024
2
KINGSCLERE VILLAGE CLUB 1189234 NOTES TO THE ACCOUNTS
| NOTE 1 LIBRARY GREENHAM TRUST THE TOWER HANTS CC B&D BC GREENHAM TRUST HEADLEY TRUST MISC DONATIONS TOTAL |
DONATIONS & GRANTS Unrestricted Restricted Total Purpose £ 1,800 £ 1,800 Fuel contribution £ 477 £ 477 Cafe £ 1,000 £ 1,000 Electrical Works £ 1,000 £ 1,000 Electrical Works £ 39,340 £39,340 Energy Project £ 25,486 £25,486 Energy Project £ 5,000 £ 5,000 Energy Project £ 218 £ 218 £ 218 £ 74,103 £74,321 |
|---|---|
| NOTE 2 CLUBS LETTINGS LIBRARY LICENCE CLASSES TOTAL |
CHARITABLE TRADING £ 2,602 £ 6,937 £ 6,833 £ 13,634 £ 30,005 |
|---|---|
| NOTE 3 LEASES FUNDRAISING CAFÉ TOTAL |
NON - CHARITABLE TRADING £ 6,115 £ 3,384 £ 611 |
|---|---|
| £ 10,110 |
| NOTE 5 SECURITY EXAMINER'S FEE ZOOM SUBSCRIPTION OTHER TOTAL |
MISCELLANEOUS EXPENDITURE £ 1,020 £ 100 £ 144 £ 565 |
|---|---|
| £ 1,829 |
| NOTE 6 GAS ELECTRICITY WATER BROADBAND TOTAL |
SERVICES £ 6,244 £ 3,641 £ 758 £ 550 |
|---|---|
| £ 11,193 |
| PROJECTS | |
|---|---|
| NOTE 7 | EXPENDITURE |
| ENERGY PROJECT: | |
| ECOMEC (Heating) | £47,400 |
| JUNIPER JOINERY (doors & | |
| windows) | £30,648 |
| D. CHIVERS (doors & windows) | £ 2,160 |
| ELECTRICITY PROJECT: | |
| (initial investigation) | £ 300 |
| TOTAL | £ 80,508 |
3
KINGSCLERE VILLAGE CLUB 1189234
NOTES TO THE ACCOUNTS
NOTE 8 FIXED ASSETS FOR USE BY THE CHARITY
The property at 35 and 37 George Street was given to the people of Kingsclere by the Holding family in 1921 to be a reading room and leisure centre. No value is placed on the property as an asset as the terms of the gift provide that, if ever disposed of, the proceeds should go to the Church.
NOTE 9 EXPENSES PAID TO TRUSTEES
Expenses other than reimbursement of purchases made on behalf of the charity.
| Trustee | Amount | Amount | Reason |
|---|---|---|---|
| H. Andrew | £ | 27 | Mileage |
| Y. deSavigny | £ | 58 |
Mileage |
4