## **Treasurers Report for Trustees Meeting as at 12[th] January 2024** 1. Revenue for the year to 31 December 2023 is £6,927.82. This is broken down as follows. Rental income of £6,112.22 (this figure includes refundable booking deposits of £1,000) plus PV credits for the year £815.40. It is pleasing to see the PV contribution against the electricity use is 51%. The electricity cost to date is £1,599.13 which is slightly higher than 2022. From the end of February we will be switched to the standard variable rate which will be considerably higher than the fixed rate we were on. I will let the Trustees know the new rate once I have the information. 2. Overall the financial position of the accounts remains healthy with rental income at a similar level as 2022. Costs were also down year on year. 3. The main costs incurred year to date - a) The Insurance premium for 2023 of £1,169.03 was paid in January. A slight increase on 2022 due to higher Insurance Premium Tax levied by the Government. - b) The other costs were the usual utility or maintenance invoices. We fixed our electricity contract for 3 years in March 2021 with SSE. This was fortunate as electricity prices have more than tripled since then. The contract will end in February 2024. I would propose that if the energy costs continue to remain at these levels we review the financial position in the 2Q2024. As part of this process I will compile an estimated proforma financial statement for 2024 and a forecast cash flow statement. I will have these available for distribution to the Trustees in the 2Q2024. - c) All other costs were similar to previous years. 4. With the increase in variable costs over the past 12 months we will have to monitor these closely to make sure our current income supports the increases. This will be addressed in the estimated cashflow for 2024. |**Charlton Musgrove Village Hall fnance summary as at 31st **|**Charlton Musgrove Village Hall fnance summary as at 31st **|**December**|**2023**| |---|---|---|---| |||**Cr**|**Balance**| |Total in Lloyds TSB treasurers (current) account|£10,912.91||| |Total in Lloyds TSB business account|£12,335.43||| |LESS returnable deposits held||-£1000|| |LESS 100 club prizes to be paid out of funds already|||| |banked|||| |Gif aid due|£0.00||| |LESS Countryside Group grants from SSDC, CMMH and|||| |other donatons held in ring fenced account||£0.00|| |**Balance in our accounts would then be**|**£22,248.34**|**-£1000**|**£21,248.34**| |**In Lloyds accounts and not commited to elsewhere**|||**£21.248.34**| |_NB This situaton changes all the tme with day to day_|||| |_income and expenses_|||| |**Charlton Musgrove Village Hall (Registered Charity No. 1190677)**
**Receipts and Payments Account for year ended 31 December 2023**
**General Account**
**Receipts**
Lettings
Broadband use
Stage hire
Equipment Hire
Website Rental
SSE Energy supply credits
**Payments**
Repayment of returnable deposits
Cleaning
Cleaning materials
Electricity
Water
Rates
Insurance
Broadband
Stationery
Hall Postage Copying Printing Mobile Laptop Tamsin
Website costs
Servicing fire equipment
Ground maintenance and grass cutting fuel
Maintenance contracts
General maintenance (less refunds)
ACRE + Community Council Payments
Gross Surplus (deficit) for the year
**Capital Projects Account**
**Receipts**
Fund raising activities
100 Club Receipts
Less Prizes
Fundraising
Less fundraising expenses/events - Catering
Less Project/fundraising - Admin
Donations
Inland Revenue Gift aid refund
Grants
Legacy
Parish Council Grants
Interest received on deposit
**Payments**
Patio and other outside improvements
Interior hall improvements
Charitable Donations
Play area grant awarded
Smithy pub project 2015/2016
Equipment
BACS charges on transfers out
Professional fees/license fees
Net Receipts/(Expenditure) for year
Balances Brought Forward 1.1.23
Lloyds Treasurer account
Lloyds Business account
CAF Bank
Net Surplus (deficit) on General activities
(as
above)
Net Receipts/(Expenditure) on Capital Projects (as above)
Balances Carried Forward 31.12.23
Lloyds Treasurer account
Lloyds business account
CAF Bank
Less: total deposits for hall hire held at year end|31-Dec-23
31/12/2023
£
£
6,112.22
0.00
0.00
0.00
0.00
815.40
6,927.62
800.00
3,706.00
151.32
1,599.13
105.84
0.00
1,169.03
162.00
0.00
72.00
379.32
43.92
788.40
306.68
60.00
0.00
9,343.64|31-Dec-23
31/12/2023
£
£
6,112.22
0.00
0.00
0.00
0.00
815.40
6,927.62
800.00
3,706.00
151.32
1,599.13
105.84
0.00
1,169.03
162.00
0.00
72.00
379.32
43.92
788.40
306.68
60.00
0.00
9,343.64|31/12/2022
£
£
6,415.59
0.00
0.00
0.00
0.00
986.49
7,402.08
1,200.00
2,634.00
245.09
1,370.01
62.43
0.00
1,101.93
135.00
0.00
66.00
343.32
0.00
1,011.00
198.79
940.87
0.00
10,308.44|31/12/2022
£
£
6,415.59
0.00
0.00
0.00
0.00
986.49
7,402.08
1,200.00
2,634.00
245.09
1,370.01
62.43
0.00
1,101.93
135.00
0.00
66.00
343.32
0.00
1,011.00
198.79
940.87
0.00
10,308.44| |---|---|---|---|---| |||6,927.62
9,343.64||7,402.08
10,308.44| ||0.00
0.00
0.00|(2,416.02)|0.00
0.00
0.00|(2,906.36)| |||0.00
0.00||0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00| ||0.00
0.00
0.00||0.00
0.00
0.00|| ||0.00
0.00
0.00
0.00
0.00
34.99
0.00
180.00|0.00
0.00
0.00
0.00
0.00
0.00|0.00
0.00
0.00
0.00
0.00
0.00
0.00
516.00|| |||0.00
214.99||0.00
516.00| ||10,912.91
12,335.43
0.00
(1,000.00)|(214.99)|12,543.92
12,335.43
0.00
(1,000.00)|(516.00)| |||12,543.92
12,335.43
0.00||14,966.28
12,335.43
0.00| |||24,879.35
(2,416.02)
(214.99)||27,301.71
(2,906.36)| |||||(516.00)| |||22,248.34||_23,879.35_|