2022-12-31-accounts

Llandogo Village Hall Unaudited Annual Accounts For the year ended 31 December 2022

Contents

For the year ended 31 December 2022

Llandogo Village Hall

CONTENTS	PAGE
Proprietor Information	3
Proprietor's Approval Statement	4
Accountant's Report	5
Income Statement	6
Statement of Financial Position	7
Notes to the Accounts	8 ­ 9
Detailed Income Statement	10

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Llandogo Village Hall Proprietor Information For the year ended 31 December 2022

Trading/Business name	Llandogo Village Hall
Proprietor	Nigel Juckes
Accountant	Ace Accounts & Bookkeeping Services Ltd
	Emma Sadler
	16 Park Road
	Five Acres
	GL16 7QS

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Llandogo Village Hall Proprietor's Approval Statement For the year ended 31 December 2022

I approve the accounts which comprise the income statement, statement of financial position and related notes. I acknowledge my responsibility for the accounts, including the appropriateness of the applicable financial reporting framework as set out in note 1, and for providing Ace Accounts & Bookkeeping Services Ltd with all the information and explanations necessary for its compilation.

Proprietor Nigel Juckes Date: 22 March 2023

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Llandogo Village Hall Accountant's Report

For the year ended 31 December 2022

Accountant's Report to the Proprietor on the preparation of the unaudited annual accounts of Llandogo Village Hall for the year ended 31 December 2022.

In accordance with your instructions and the engagement letter dated 22 March 2023, we have prepared for your approval the accounts of Llandogo Village Hall for the year ended 31 December 2022.

We have prepared these annual accounts based on the accounting records,information and explanations provided by you.

We have not carried out an audit and consequently we do not express any opinion on the accounts.

Ace Accounts & Bookkeeping Services Ltd

Emma Sadler 16 Park Road Five Acres GL16 7QS Date: 22 March 2023

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Llandogo Village Hall

Income Statement

For the year ended 31 December 2022

Notes Turnover 2 Gross profit Administrative expenses Operating profit Profit for the year	2022 £ 15,854 15,854 (15,477) 376 376	2021 £ 19,812
		19,812 (22,771)
		(2,959)
		(2,959)

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Llandogo Village Hall Statement of Financial Position

For the year ended 31 December 2022

Notes Current assets Cash and cash equivalents 4 Current liabilities Creditors: Amounts falling due within one year 5 Net current assets/(liabilities) Total assets less current liabilities Non­current liabilities Net assets/(liabilities) Financed by: Capital account 6	2022 £ 7,171 7,171 (100) (100) 7,071 7,071 7,071 (6,088)	2021 £ 6,795
		6,795 (100)
		(100) 6,695
		6,695
		6,695
		(6,464)

Alert: Net assets does not match with Capital and reserves for both the current year and the previous year !

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Llandogo Village Hall Notes to the Accounts For the year ended 31 December 2022

(1) Significant Accounting Policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Basis of Preperation

The accounts have been prepared under the historical cost basis and on a basis which enables the profits to be calculated in accordance with United Kingdom Generally Accepted Accounting Practice. The presentation and functional currency is pounds sterling.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Sale of goods

Sales of goods are recognised when the partnership has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.

Rendering of Services

Revenue from provision of services rendered in the reporting period is recognised when the outcome of a transaction for the rendering of services can be estimated reliably in terms of revenue, costs and its stage of completion of the specific transaction at the end of the reporting period. The stage of completion is determined on the basis of the actual completion of a proportion of the total services to be rendered. When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.

(2) Turnover

All revenue in the current and prior period arises in the United Kingdom. The revenue from proprietor's operations amounted to £15,854(2021: £ 19,812)

Sales (3) Employees During the year, the average number of employees including members was 0 (2021 : 0) (4) Cash and cash equivalents Bank balance (5) Creditors: Amounts falling due within one year Accruals and deferred income	2022 £ 15,854 15,854 2022 £ 7,171 7,171 2022 £ 100 100	2021 £ 19,812
		19,812
		2021 £ 6,795
		6,795
		2021 £ 100
		100

(6) Capital account

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Llandogo Village Hall Notes to the Accounts (Continued) For the year ended 31 December 2022

Capital withdrawn Profit of the Year As at 31 December 2022	2022 £ ­ (6,088) (6,088)	2021 £ ­ (6,464) (6,464)

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Llandogo Village Hall Detailed Income Statement

For the year ended 31 December 2022

Turnover Gross Profit Less : Administrative expenses Bank Fees Cleaning Insurance Legal and Professional Fees License Fees Light, Power and Heating Repairs & Maintenance Unplanned Sundry Expenses Telephone and Internet Water Charges Equipment Rates Repairs & Maintenance Contracts Operating profit Profit for the year	2022 £ 15,854 15,854 103 1,394 1,316 100 82 3,492 7,984 57 573 376 ­ ­ ­ 15,477 376 376	2021 £ 19,812
		19,812
		­ 1,163 1,376 100 158 1,310 15,268 146 450 553 1,669 40 538
		22,771
		(2,959)
		(2,959)

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