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2024-12-31-accounts

BATLEY COMMUNITY CENTRE YEAR ENDED 31st DECEMBER 2024

INCOME AND EXPENDITURE ACCOUNT

INCOME
Room hire
Grants and donations
Office rent
Sundry income
Interest on Deposits
EXPENDITURE
Admin Charges
Cleaning and materials
Data Services
Electricity
Gas
Insurance
Rent and rates
Repairs and renewals
Room Deposit Refunds
Sundry expenses
Wages
Water
Excess of income over
expenditure for the year
2024
Notes
£39,940
Notes 1, 2
£12,300
Note 3
£1,000
£70
£666
Note 4
£53,976
£78
£976
£628
£2,252
£204
Note 5
£1,302
£460
£26,721
Note 6
£200
£368
£16,608
£1,094
Note 7
£50,891
£3,085
2023
2022
£34,946
£25,238
£1,000
£8,500
£1,000
£2,709
£0
£0
£36,945
£36,447
£1,070
£347
£899
£1,350
£557
£235
£2,057
£1,748
£376
£5,098
£1,857
£1,722
£328
£461
£2,152
£9,182
£1,070
£347
£14,935
£10,609
£440
£825
£24,671
£31,924
£12,274
£4,523

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BATLEY COMMUNITY CENTRE YEAR ENDED 31st DECEMBER 2024

BALANCE SHEET

ACCUMULATED FUND
Balance at 1st January
Add: Excess of income over
expenditure for the year
Balance at
31st December 2024
Represented by:
CURRENT ASSETS
Cash at bank
Current account
On Deposit
Debtors and prepaid
expenses
CURRENT LIABILITIES
Creditors and accruals
NET CURRENT ASSETS
2024
£44,279
£3,085
£47,365
£41,348
£16,203
£25,144
£7,178
£48,526
£1,161
£47,365
2023
£32,005
£12,274
£44,279
£42,517
£2,133
£44,650
£371
2022
£27,135
£4,523
£31,658
£25,207
£7,109
£32,316
£311
£44,279 £32,005

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BATLEY COMMUNITY CENTRE YEAR ENDED 31st DECEMBER 2024

Notes To Accounts

Room Hire income increased by 15%, despite the 2 week closure in November (for the toilets refurbishment) and the hire charge largely unchanged from 2023.

Th number of Private Hires similar to 2023 though there was a 15% increase in income. The ratio of Private to Regular hire income was in line with 2023 (33%/67% respectively). We benefited from Kirklees hire of the Centre for 2 elections.

Note 2 Outstanding Room Hire invoices at year end were (Income) £2,178 in line with 2023. We are confident of payment in Q1 2025. Note 3 Grants include £5,000 from the Bernard Sunley (Grants) Foundation which has been committed but not yet received (expected January 2025). Note 4 Interest of £666 earned from deploying surplus cash (Interest) into interest bearing savings accounts. Note 5 Continued significant benefit from the 3 year Gas (Gas) Contract. This is due to end early 2026. Electricity contract fixed until 2027. Note 6 Includes £23,760 for the refurbishment of our (Repair & Renewals) toilets. Grants and gifts covered 50% of the cost of the refurbishment.

Note 7 Water costs includes a £500 reserve to cover under(Water) payment in 2024.

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