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