Report on MVH&PFA accounts for Financial Year (Jan-Dec) 2023
The figures for the financial year 2023 showed an overall loss of £3229 compared to the previous year’s profit of £11,103. Our income (2022 figures in brackets) showed an increase to £34427 (£29360), however our expenditure for the year was nearly £20k more at £37785 (£18264).
Income from Hall hire was greater at £20520 (£16397), whilst Annexe and Playing field hire remained steady at £4324 (£4351) and £2565 (£2388) respectively. Donations from the year were £1138 (£2825). Bonfire night returned a profit overall of £1612 and Scarecrow Trail £571.
Increased expenditure was largely due to Hall Maintenance £9726 (£2009), energy charges £7235 (£2500), Grass cutting, wood and grounds maintenance £8900 (£6027), Cleaning £3029 (£1988), and Insurance £2140 (£1856).
Hall Maintenance completed projects for the year included New Curtains for the Main Hall, plus improvements for the Annexe with refurbished lighting and replacement of gas heaters with a new air source heating system.
Our bank balances at the end of December 2023 (2022 in brackets) were:
Current account £ 25,514.02 (£28,494.87)
Deposit account £ 13,489.49 (£13,371.81)
Wood account £ 1125.31 (£1737.45)
Our total capital and reserves were £ 41,096 (£43,636).
We are now receiving regular bookings after recovery from the Covid pandemic. We are wary of increased expenditure, to which a hike in energy prices has contributed significantly. Income generation is therefore a high priority for the future wellbeing of the Village Hall and Playing Fields facility.
John Mahood Treasurer
Andy Morgan
Chairman
| Malborough Village Hall and Playing Fields Association |
Malborough Village Hall and Playing Fields Association |
Malborough Village Hall and Playing Fields Association |
268019 | |
|---|---|---|---|---|
| For the period from |
Period start date 1/1/2023 |
To | Period end date 12/31/2023 |
| Section A Receipts and payments | ||||
|---|---|---|---|---|
| A1 Receipts Hire of Hall and Annexe 24,884 PlayingField Hire 2,565 Bonfire Night 4,744 Donations 1,139 Electricityandgas receipts 429 Fete/Scarecrow Trail 571 Tennis 95 Bank interest 129 34,556 - - Sub total - Total receipts 34,556 A3 Payments Hall maintenance and cleaning 13,603 PlayingField maintenance 7,196 Utilities(gas,electricity,water,refuse) 8,936 Insurance,Licenses,Professional fees 2,345 Fete and fireworks for bonfire night 3,132 Malborough Wood 1,952 Advertising 279 Equipment small items 342 Bad debt write off - Sub total 37,786 - - Sub total - Total payments 37,786 Net of receipts/(payments) - 3,230 A5 Transfers between funds - A6 Cash funds last year end - Cash funds this year end - 3,230 Unrestricted funds to the nearest £ Sub total(Gross income for AR) A2 Asset and investment sales, (see table). A4 Asset and investment purchases, (see table) |
to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Restricted funds |
to the nearest £ Endowment funds |
Total funds to the nearest £ 24,884 2,565 4,744 1,139 429 571 95 129 34,556 - - - 34,556 13,603 7,196 8,936 2,345 3,132 1,952 279 342 - 37,786 - - - 37,786 - 3,230 - - - 3,230 |
Last year to the nearest £ |
| - - - - - - - - - |
24,884 | - | ||
| 2,565 | - | |||
| 4,744 | - | |||
| 1,139 | - | |||
| 429 | - | |||
| 571 | - | |||
| 95 | - | |||
| 129 | - | |||
| 34,556 | - | |||
| - - - |
- | |||
| - | - | |||
| - | - | |||
| - | 34,556 | - | ||
| - - - - - - - - - - |
13,603 | - | ||
| 7,196 | - | |||
| 8,936 | - | |||
| 2,345 | - | |||
| 3,132 | - | |||
| 1,952 | - | |||
| 279 | - | |||
| 342 | - | |||
| - | - | |||
| 37,786 | - | |||
| - - - |
- | |||
| - | ||||
| - | - | |||
| - | 37,786 | - | ||
| - | - - - - |
- 3,230 | - | |
| - | - | - | ||
| - | - | - | ||
| - | - 3,230 | - |
Section B Statement of assets and liabilities at the end of the period
| Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use Signed by one or two trustees on behalf of all the trustees |
Details Current account Deposit account Wood account Details Details Details Details Signature Total cash funds (agree balances with receipts and payments account(s)) |
to nearest £ to nearest £ 25,514 - 13,489 - 1,125 - 40,128 - Agreement Error OK to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Print Name John Mahood Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional) |
to nearest £ Endowment funds |
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| OK | |||
| to nearest £ Endowment funds |
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| Current value (optional) |
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| Current value (optional) |
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| When due (optional) |
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| Date of approval |
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| John Mahood | 22-Apr-24 | ||
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examineVs report on the accounts Section A Independent Ex3rniner s Report N(FLI6&Lltr Iiuh4E thkL p Pu}yi4 fiiL45 Charlty no {rf any) ended 3," JÉtfyex 2ozI Solf. Set out on pages chty Trrf) fortr yw 2011 {Ih8 Acr). urwjer 145 of ts 2011 Act arKI in Carj out my exBmvtsc. I uThJer 14qSXb) of ts Art. I have CUnFletgJ my eXth. l thal rK¥ material matters have kndependent the einatjn wthh gves me cause to lAie that r¢, arry material the Act lx ¥seL Mfv&nrJ>TrLC quallfication(s) or body {If any): Ad(tress: H I(M&L
IiL. ER OCtoT 2018