Covid seriously affected the Trusts ability to run the Playing Field properly, and we were looking forward to a financial year covering 2022/23 that we hoped would be a more normal one.
The year started off very well and we were able to hold our first Bonfire and Fireworks evening since the outbreak of Covid, the evening was a huge success with over 1000 people attending a well organised night, we made £3480 profit.
Things then took a severe downturn and at the end of 2022 the long period of very cold weather took its toll on our ageing Pavilion. We suffered multiple burst pipes and apart from two rooms the whole building was affected. As a result of this we had no option other than closing the Pavilion from Christmas until the middle of April 2023.
Our Insurance Company were brilliant and after a very thorough site visit, from a loss adjuster they approved all the work that would be required and nominated a local Contractor to carry it all out. We received a cheque for £21,433.33 to cover what was a very comprehensive schedule of work.
The Trust also made the decision to have additional work done while the Pavilion was closed, to bring it up to a more modern and satisfactory standard, the materials for this work cost an additional £2123.52, with the work being done by a dedicated team of volunteers.
The Cricket Club, who are an integral part of the Trust set up, were also hard hit by Covid, and this year would be the first one where they would be back to a full list of fixtures, so the Field is gradually getting back to normal usage.
The Trust are obviously feeling the affects of the fuel price increases and as a result of these we have had to revisit all of our hire charges, which has meant a 20% increase across the board.
We received our annual grant from the Parish Council, which was for £3000.
Total revenue for the year was £31,078.96, with expenditure of £32,886.56, giving us a balance of £14,165.94.
WOLVEY PLAYING FIELD TRUST
Statement of Accounts for year ending 30[th] September 2023
| Accounts for previous year 2022 | Accounts for previous year 2022 | |
|---|---|---|
| Cash in Hand | 18.44 | |
| Current Account | 13041.34 | |
| Cov. Building Soc. |
2913.76 | |
| Balance for 2022 | 15973.54 | |
| INCOME |
(2022/2023) | (2021/2022) |
| Bonfire Night Fundraiser | 4963.94 | 0 |
| Subscriptions | 1405.83 | 0 |
| Grants / Donations | 3000.00 | 3924.00 |
| Hire of Facilities | 275.86 | 70.00 |
| Insurance Claim |
21433.33 | 0 |
| Total Income |
31078.96 | 3994.00 |
| EXPENDITURE |
(2022/2023) | (2021/2022) |
| Water / Electric / Oil | 3318.77 | 3050.93 |
| Field Maintenance | 992.45 | 2959.35 |
| Pavilion Maintenance |
624.94 | 2418.53 |
| Pavilion Refurbishment | 2123.52 | 0 |
| Insurance | 1044.07 | 913.47 |
| Bonfire Night Expenses | 3597.60 | 0 |
| Licenses | 105.40 | 55.00 |
| Misc. |
17.13 | 0 |
| Insurance Claim Expenses | 21062.68 | 0 |
| Total Expenditure |
32886.56 |
9397.28 |
| Operating loss for year ending 30th September 2023 | 1807.60 | |
| Accounts for current year 2023 | ||
| Cash in Hand | 25.79 | |
| Lloyds TSB Account | 11226.39 | |
| Coventry Building Soc. | 2913.76 | |
| Balance for 2023 | 14165.94 |
I certify that the statement of accounts shown, is in agreement with the books, vouchers and records of the Wolvey Playing Field Trust.
Tracey Hawkins
T. Hawkins (Treasurer)