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2022-03-31-accounts

Earl Stonham Village Hall Annual Report – 202122

With the gradual easing of Covid restrictions over the last year, in recent months hall use has been almost back to pre-covid levels but we have still ended the year several thousand pounds down on our normal rental income. Fortunately this has been offset by a further government business continuity grant and income from pub nights, so our overall financial position remains comfortable.

As reported in the last annual report, the Committee have been focussing on taming the wild area behind the hall to produce a tranquil outdoor space. This is now mostly complete and it has been named in honour of the Queen’s Platinum Jubilee with a formal opening ceremony planned to coincide with the Jubilee celebrations in June.

Quiz nights have continued over the year with them returning to face-to-face in June. David Wicks took a break from quiz-mastering and Norman Davis has again joined the team.

Pub nights continue to be popular and make a significant contribution to hall finances.

Despite all the concerns around Covid in November and December, the STG pantomime went ahead with a live audience – albeit rather reduced in numbers.

One concern for the next financial year is the massive increase in electricity costs that we are facing. The per-unit cost will increase by almost 120% in April and it looks unlikely that this can be absorbed within the current hire rates, so an increase in the Autumn looks inevitable. The only consolation is that prior to installing the new heating, the per-hour cost to run the old heating would have been an eye-watering £6 per hour!

Tony Turner Chairman - Earl Stonham Village Hall Management Committee

Earl Stonham Village Hall Management Committee Registred Charity 225172

Receipts and Payments Account for the year ended 31st March 2022

2022
Unrestricted
Funds
Designated
Funds
Total
Bank opening balance - TSB
17,707
Close Bros
8,354
Total
23,949
2,113
26,061
Receipts
Hall lettings
5,934
5,934
Electricity meter
-
R&R including Key Monies
20
20
Recycling Monies
374
374
Fund Raising
4,969
4,969
Misc
29
29
Quiz
589
589
Bar
1,322
1,322
Water
-
Donations-Various
796
796
Amazon
42
42
Outstanding Deposit
138
138
Grants
12,559
12,559
Jubilee
700
700
Commission
(2)
(2)
Intrest Close Bros
Total receipts
9,942
17,528
27,470
Payments
Cleaning wages
1,515
1,515
Booking clerk
305
305
Cleaning expenses
22
22
Window cleaner
155
155
Electricity
890
890
Water
169
169
Insurance
1,009
1,009
Business rates
-
Performing Rights Society
132
132
Annual fee Soc Lotteries
20
20
Premises licence
70
70
Repairs and renewals
3,388
3,388
Sundries
126
126
Quiz donations
315
315
Bar purchases
558
558
Fund Raising Exp
770
770
Hall refurbishment costs
14,208
14,208
-
8,674
14,978
23,652
Surpus/(Deficit)
1,268
2,550
3,818
Ending bank balances TSB account
11,525
Close Brothers account
18,354
25,217
4,663
29,879
TSB Bank statement
11,824
Unpresented payments
299
As spreadsheet balance above
11,525
2021
Unrestricted
Funds
Designated
Funds
Total
8,221
27,168
25,559
9,831
35,389
1,051
1,051
64
64
338
338
1,259
1,259
1,119
1,119
609
609
306
306
585
585
40
40
44,817
44,817
26
26
*
4,138
46,076
50,214
440
440
200
200
220
220
205
205
1,044
1,044
306
306
1,068
1,068
-
309
309
20
20
70
70
684
684
14
14
821
821
347
347
268
268
53,526
53,526
-
5,748
53,794
59,542
(1,610)
(7,718)
(9,328)
17,707
8,354
23,949
2,113
26,061

Balance check

Independent examiner's report on the accounts

Section A

Independent Examiner’s Report

Report to the trustees/ Charity Name members of

Earl Stonham Village Hall

On accounts for the year 31 March 2022 ended Set out on pages

Charity no 31 March 2022 (if any) 225172 Page 1 (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/03/2022 DD / MM / YYYY .

Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: Type text here Date: 04/08/2022 Name: Angela Hayward Relevant professional ACA qualification(s) or body (if any): Address: 17 High Street, Needham Market, Ipswich IP6 8AL

October 2018

1

IER

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

October 2018

2

IER