NORTH CRAWLEY INSTITUTE MANAGEMENT COMMITTEE
Treasurer’s Report and Notes for the Annual Accounts to 30[th] September 2025
A copy of the Income and Expenditure Account and the Balance Sheet for the year ended 30[th] September 2025 is attached.
The main income for The Institute is from lettings, which includes Parish Council donations and bingo, and this year totals £16,734, which is up from last year: £15,465. The Institute benefits from having a mixture of six regular bookings over the year together with a series of ad-hoc bookings for ‘one off’ events. The Parish Council provide letting income through the successful subsidy scheme, supporting village events and regular lets.
The letting income of £14,322 shows an increase on the previous year: £12,788. Excluding the six regular bookings there are ‘one off’ bookings across the financial year. These bookings are for a range of activities including children’s parties, baby showers and meetings, demonstrating the versatility and attractiveness of the Institute to a range of diverse requirements.
The three largest income receipts from lettings are:
| OMC | £6,946 | (the first quarter of | 2025-2026 | being received in advance) |
|---|---|---|---|---|
| NCPC | £2,197 | |||
| TJD | £1,531 |
Over one-third of total letting income arises from one source: OMC.
The Institute receives the regular support of village sporting and social clubs including Cricket Club, Bowls Club, Historical Society, Bingo Club, and the School.
Other income during the year includes donations towards the cost of major roof repairs. An individual donation of £26,000, together with gift aid of £6,500 and a parish grant of £300, has provided £32,800 towards this project. To date £6,601 has been spent on improving the roof space with woodworm treatment, loft insulation and minor repairs, together with surveys and drawing up of plans to apply for the appropriate permissions. This project is on-going into 2025-2026.
Sundry receipts are to reimburse the IMC for repairs to plasterwork and securing speakers when work has been carried out by outside contractors. Interest on the bank savings account of £822 shows a significant increase on the previous year: £298. This is due to funds being moved from the current account to the savings account and the receipt of a donation.
Hall expenses are up on the previous year as suppliers increase their unit costs. Overall, despite the increase in lettings income, the surplus on lettings is down this year. The IMC has therefore agreed to increase hire costs with immediate effect.
Expenditure on repairs and renewals is significantly up this year but most of these costs are related to the roof. Other expenses have included electrical work costing £768 and installing wood panelling to walls at a cost of £1,866. The annual advert in the SCAN magazine has been renewed for £275. The remainder of the expenditure is for miscellaneous items to ensure the hall is stocked and can function correctly. Sundry expenses of £1,679 is up on the previous year: £871 but includes £740 which was reimbursed by damage.
The net surplus of £30,017 is significantly up on the surplus of the previous year of £9,807. However it should be noted that a significant amount of this is intended for the roof project.
Under current liabilities there are creditors of £450, which are amounts held as deposits for future bookings and current key holders.
The NCIMC finances remain healthy and at the end of the year there is £7,011 in the current account and £61,207 in the savings account.
Alison Flint Treasurer October 2025
North Crawley Institute Management Committee
Income & Expenditure Account For the Year Ended 30 September 2025
| Letting Income Hall Expenses Cleaning Light and Heat Insurance Water Rates Surplus on Lettings Other Income Parish Council Donations Bingo Barbecue Donations Cricket club boundary nets Interest Received Sundry Receipts Other Expenses Repairs and Renewals Improvement of Facilities Advertising Accountancy Fees Bingo Expenses Functions General Expenses Sundry Expenses Net Surplus for the Year |
30 September 2025 £ £ 14,322.00 3,858.00 3,084.72 1,306.56 1,040.72 9,290.00 5,032.00 1,772.00 640.00 - 32,800.00 - 822.23 740.00 36,774.23 5,868.70 3,965.31 275.00 - - - - 1,679.73 11,788.74 30,017.49 |
29 September 2024 £ £ 12,788.25 2,842.00 2,278.49 1,067.71 880.56 7,068.76 5,719.49 2,077.50 600.00 - - 1,516.25 298.53 2,716.69 7,208.97 1,799.64 173.99 275.00 - - - - 871.85 3,120.48 9,807.98 |
|
|---|---|---|---|
£ 3,858.00 3,084.72 1,306.56 1,040.72 |
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North Crawley Institute Management Committee
| Balance Sheet | ||||
|---|---|---|---|---|
| As at 30 September | 2025 | |||
| 30 September 2025 | 29 September 2024 | |||
| £ | £ | £ | £ | |
| Fixed Assets | ||||
| Hall Extentions and Renovations | ||||
| including Rebuilding programme | 140,510.89 | 140,510.89 | ||
| 140,510.89 | 140,510.89 | |||
| Current Assets | ||||
| Bank Current Account | 7,011.27 | 10,876.01 | ||
| Bank Business Premium Account | 61,207.54 | 27,385.31 | ||
| Cash in Hand | ||||
| 68,218.81 | 38,261.32 | |||
| Current Liabilities | ||||
| Creditors | 450.00 | 510.00 | ||
| Loan from Parish Council | - | - | ||
| 450.00 | 510.00 | |||
| Net Current Assets | 67,768.81 | 37,751.32 | ||
| Total Assets | 208,279.70 | 178,262.21 | ||
| Represented By: | ||||
| Balance brought forward | 178,262.21 | 168,454.23 | ||
| Net Surplus for the Year | 30,017.49 | 9,807.98 | ||
| Total Capital | 208,279.70 | 178,262.21 |
We have examined the attached financial statements and confirm that we are willing to accept them as a reasonable assessment of the year's transactions. Authority is hereby given for their submission to the Inland Revenue.
(Treasurer)
Dated
(Chairman)
CHARITY COMMISSION FOR ENGLAND ANO WALES Independent examinef s report on the accounts se¢tlon A Indop¢ndeDt Ex&nilner's R¢port R•POrt to th• tsUSt•e81 memb•rn of Norfh Cr8wley Community Centre and Recreation Ground char no 272678 Ilf any) On accounts lorthe year •Trded 30 Septefflber 2025 S•t out ori I report 10 thé Iru5tses on my examination of tha acGounts of th8 abOV8 charrty I"Ihe Trusfi for th8 year ended 30f09,'202J. R•spDnslbllfdes and As tha Gharity trustees of the Trust, you are responsible for the preparation basls of report of the aco)unts in accordance th the raquirements of the Charitie5 Act 2011 I'lhe Acri. I report in respect of my examination of tha Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I haw followed the applicable Directions given by the Charity Commission under seGlion 1451Sllbl of the Act. I have cornpl8led my exarnination. I confirrn that no rnatsrial matters have come to my attention lolher than that disclosed below'l in conn8ciion with the examination which gives me cause to believ8 that in, any rnat8rial spect." accounting records wer8 not kept in accordan with section 130 of the Act or the accounts do not accord with the accounting rerA)rds I have no COnrn$ and have come acros5 no other matters in connection with thè examinats'on to which attention should be drawn in order to enable proper undèrstanding of the accounts to be reached. Please delete th8 words in the brackets if they (lo not apply. Indep•nd•nt •xamin•rfs statemènt Slgned.. Dats: 31 Name: UELI [£1 Relant profe55ional 4ualifi¢ationls) or body (If any).. Address". 7A Lc IL LZ IER October 2018