## **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** - 1 The **Memorial Hall's Events** have been classified under 2 headings for both Income and Expenditure - a) Income is shown under either the "Bar Sales" or "excl Bar Sales" headings. - b) Similary the expenditure is shown under either "Bar Purchases" or "Other Costs" headings 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.
**Cinema**activities 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
**Brochure**activities can be summarised as follows:
**Bar**activities 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**|