CHEVINGTON, CHEDBURGH, DEPDEN AND REDE COMMUNITY COUNCIL THE ERSKINE CENTRE Registered Charity Number 273914
TREASURERS REPORT FOR STATEMENT OF ACCOUNTS 1[st] SEPTEMBER 2022 to 31[st] AUGUST 2023
Monies as of 31[st] August 2023 No 1 Account - £21,303.39 No 2 Account - £20,295.28 Petty Cash - £326.38 Profit - £16,012.68
INCOME
Little Teapots regular monthly rent was increased from £217 to £243 per month commencing from 1 January 2023. An increase of about 12%. This has to be done so we can continue to bring them up to the current market rate, which we are doing in gradual steps in order for them to be able to survive. They continue to pay their utility bills on a termly basis.
Lettings are now our major source of income; we are more popular than ever since the roof was replaced and the hall completely redecorated. We have regular hirers on every weekday. Strength & Balance, Chedburgh Community Choir, two different Yoga classes, Pilates, Tai Chi, Hobby Club, Coffee Club, and a dog training class. Private party bookings are on the increase, with two Diamond Wedding Anniversaries, a Golden Wedding Anniversary, and a Silver Wedding Anniversary. We still as yet haven’t had a wedding event, but now the venue is more popular we hope that will happen in the future.
Recycling continues to supply a welcome income being paid as a percentage of West Suffolk Councils overall recycling pot, based on our share of all collections made. This happens twice a year in January and August. However, the August 2023 payment was again delayed and is due to be paid imminently, so will be included in next year’s accounts.
Our Bacon Sandwich Saturday event remains popular, and donations have been on the increase again this year. We will continue with this popular event for as long as the CCDRCC Committee enjoy doing it and the local community are keen to attend.
Another successful event was Chedburgh Fete organised by our Chair, Gary Dillon and Ian Leggett, helped by volunteers from the CCDRCC Committee and local residents.
Our biggest success this year is the National Lottery Grant. Our Chair, Gary, applied for and successfully obtained a £10,000 grant to help pay for the refurbishment of the kitchen and improve the facilities we can provide. A huge thanks to Gary for all the time he puts into this and for his dogged determination to get the job done, while working full time too.
CHEVINGTON, CHEDBURGH, DEPDEN AND REDE COMMUNITY COUNCIL THE ERSKINE CENTRE Registered Charity Number 273914
EXPENSES
January and February saw more repairs to the floor. The work was again carried out by Roger Hyde Ltd and cost a further £2,928. This came out of existing funds as we weren’t able to obtain a grant because the work needed to be done urgently.
I was able to obtain a very reasonable fixed rate with Opus Energy for the electricity supply just before the energy suppliers increased their rates. Consequently, that meant we only had a slight increase in our energy payments. We paid £424 more than last year and that’s not bad. The increase could have seen us paying about 3 times what we paid last year.
Water payments remain fixed at £40 per month and cover the water and sewerage costs.
Insurance remains with Hiscox as we were able to obtain another slight discount this year.
Cleaning costs increased with the increase in the usage of the hall. Natasha does a first-rate job, and we hope she will continue to be a part of our team.
Sundry payments increased from last year due to the events that took place and consequently expenses relating to those events needed to be reimbursed. However, no postage or equipment purchases this year.
In August, £9000 pounds was transferred from No.1 to No.2 account. As No.2 is mainly used for capital payments for equipment and major repairs. Its funds were somewhat depleted with payments for the floor repair, hence a rebalance was required.
To Summarise
This year has been a hugely successful one with increased bookings and new classes coming in to take regular slots. I believe this has been the busiest and most affluent year in the history of the Erskine Centre.
Tai Chi classes have increased to two days Friday and Sunday and so has the Pilates classes on Mondays and Tuesdays, and we have two different Yoga teachers. Strength & Balance continues to be popular, and the Choir is continuing to thrive, now into its 8[th] year.
Private party bookings are on the increase, we remain popular for children’s parties, birthday parties and wedding anniversary parties. However, a wedding still eludes us.
Angela Barnetson CCDRCC Treasurer 8[th] November 2023
CHEVINGfoN. CHEDBURGH. DEPDEN AND REDE COMMUNrrY COUNaL STATEMEKf OF ACCOUNTS 15EPTEMBER 2022 TO 31 AUGUST 2023 INCOME Little Teapots Little Teapots Utilities Coin meter Lettings Rery¢lin8 Grants Donations Events No.1 to No.2 Acc Petty Cash to No.1 No.1 to Petty Cash 2021123 £2,812. £2.652.50 £277.00 £8,423.50 2021122 £2.544.L £1.932.02 £327.40 £4,606.50 I I £1.356.50 £10,527.43 £1.303.43 £1.579.33 £9.(KKI.C#) £950.) £542.40 £610.78 £2.655.25 £693.35 £4,0(K).(KJ Totsl £38081.69 E17,911.70 EXPENSES Water Electricity Fire Inspectlon Insurance Trade Waste Mtce/rep•lrs Equipment Events Cleaninq Sundries Post & stationery ljonations No.1 to No.2 Ac¢ Petty Cash to No.1 Nol to Petty Cash £480.00 £3,377.47 565.02 £945.73 £144.30 £3.503.IXI £480.00 £2,953.52 £653.22 £970.62 £137.60 £5,440. £2,580.00 £679.24 £858.00 £685.71 £20.07 £200.LK) £4,1)XJ.00 £865.14 £994.69 £1,838.66 £205.IyJ £9,000. £950. Totsl £2259.01 £19,657.98 Incorne Expenditure Profrt £38.881.69 £22.869.01 £16,012.68 Bank I Bank 2 Petty Cash £21.303.39 £20,295.28 £326.38 Openlni balanc• Profit £25,912.37 £16.012.68 £41.925.05 aodn8 balance £41.925.05
CHRISTINE FITZGERALD
4 Chevington Road Chedburgh BURY ST EDMUNDS IP29 4UP Tel 01284 850098 cffitzgerald3876@gmail.com
24 September 2023
CHEVINGTON, CHEDBURGH, DEPDEN AND REDE COMMUNITY COUNCIL
My report for the Chevington, Chedburgh, Depden and Rede Community Council is for the accounts as set out in the Financial Statement for the year ended 31 August 2023.
Accounting records have been kept and bank records agreed with the documents. Documents supplied have been checked with the bank statements and entered into the accounts.
Payments are taken in advance of a private booking, a booking form has to be completed and returned by the hirer before the booking is confirmed. This then acts as written confirmation of the booking and also the amount paid.
Petty Cash vouchers must be checked by independent committee members before payments can be made.
I have completed my examination of the accounting records and found nothing which gave any concern.
Christine Fitzgerald