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2022-12-31-accounts

ABERAERON MEMORIAL HALL

Income and Expenditure Account for the Year Ended 31st December 2022

2022
2021
INCOME
£ p
£
Donations
290.00
150
Legacies
---
3,515
Contribution to defbrillator
---
44
Hire of Memorial Hall
16,476.31
7,128
Memorial Hall Events - excl Bar Sales
738.00
130
Memorial Hall Events - Bar Sales
8,639.81
---
Brochure Adverts
20,281.00
---
Cinema
2,400.50
---
Grants
2,000.00
---
Bank Interest
52.68
3
Other Income
73.86
---
TOTAL INCOME
50,952.16
10,970
Loss for the Year
N/A
(10,051)
EXPENDITURE
Wages
2022
£ p
9,953.04
961.84
2,226.58
3,571.27
396.19
379.88
430.20
526.41
121.12
4,766.31
120.00
10,050.00
2,006.65
180.00
538.10
777.00
---
144.00
99.23
306.52
250.00
37,804.34
863.00
38,667.34
(667.92)
37,999.42
12,952.74
2021
£
3,551
481
2,152
1,067
450
84
11,384
110
119
100
2021
Rates and Water
Insurance
Light and Heat
Telephone
Cleaning Materials and Equipment
Maintenance
Recycling Costs
Fire Inspection
Memorial Hall Events - Bar stock purchases
Memorial Hall Events - Other costs ---
Brochure
Cinema
Premises Licence
Performing Rights
---
---
180
---
Furniture and General Equipment
Advertising
69
122
Website
Bank Charges
General of ce costs / consumables
---
---
---
Sundries 221
Depreciation - Furniture and General Equip't
Adjustment for: -
Period end change in closing stock value
TOTAL EXPENDITURE
Surplus for the year
20,090
863
20,953
68
21,021
N/A

ABERAERON MEMORIAL HALL

Balance Sheet as at 31st December 2022

FIXED ASSETS
Tangible Assets
CURRENT ASSETS
Stock
Debtors
Business Current Account
Business Savings Account
Brochure Account
Cash in Hand at year end
CURRENT LIABILITIES
Creditors
NET CURRENT ASSETS
NET ASSETS
FINANCED BY:
CAPITAL ACCOUNT
Balance as at 1st January 2022
Prior year adjustment
Proft / (Loss) in year
Balance as at 31st December 2022
2022
£ p
£ p
4,663.00
809.48
301.00
44,737.44
25,281.76
---
922.06
###
200.00
71,851.74
76,514.74
63,677.00
(115.00)
12,952.74
76,514.74
2021 2021
£ p £
141
738
18,822
25,229
13,309
152
58,391
240
£
5,526
809.48
301.00
44,737.44
25,281.76
---
922.06
###
200.00
58,151
63,677
73,728
---
(10,051)
63,677

ABERAERON MEMORIAL HALL

Supporting Notes for the Income and Expenditure Account

This enables a gross profit trading account to be prepared for the Bar - see Notes to the Balance Sheet.

2
Income (excluding bar sales)
Costs:
Film hire, etc
Council Licence Fee
Purchase of new speakers
Total Cost
Gross Proft
Excluding the one-of cost of purchasing the new speakers
have been £1,578.74.
Cinemaactivities can be summarised as follows:
£2,593.92
£835.18
£180.00
£991.47
£2,006.65
£587.27
the gross proft would
£2,593.92
£2,006.65
£587.27
3
4
Advertisement Income
Costs:
Printing
Prize
Total Cost
Gross Proft
Bar Account
Bar Takings
Opening Stock (01/01/2022)
Add: Stock Purchases
Less: Closing Stock (31/12/2022)
Cost of Sales
Brochureactivities can be summarised as follows:
Baractivities can be summarised as follows:
£10,000.00
£50.00
141.56
4,766.31
4,907.87
809.48
Gross Proft
Gross Proft %
£20,256.00
£10,050.00
£10,206.00
8,639.81
4,098.39
4,541.42
52.6%

ABERAERON MEMORIAL HALL

Supporting Notes for the Balance Sheet

1 BAR STOCK

BAR STOCK
Value as at 31st December
Increase / (Decrease) in Stock Value
12/31/2022
809.48

667.92
12/31/2021
141.56

2 BANK BALANCES

Business Current A/c as at 31/12/2022
Less: Monies held temporarily on behalf of the
Friends of Memorial Hall
Actual balance shown in the Accounts
12/31/2022
£52,840.58
£8,103.14
£44,737.44

Note: The Brochure Account, that was previously held as a separate account, has now been transferred and the monies are held within the Hall's main Current Account.

3 CASH IN HAND

Till Float £100.00
Petty Cash £41.66
Tea / Cofee machine cash £64.00
Receipts (December takings banked 07/01/2023) £716.40
TOTAL £922.06

4 DEBTORS

Payment for the following invoices had not been received by the year-end:

Invoice No Amount
7760 £60.00
7855 £65.00
7862 £60.00
7868 £10.00
7869 £55.00
7878 £15.00
7879 £36.00
Total £301.00