## TREASURER’S REPORT FOR THE YEAR 2021 PRISTON VLLAGE HALL 

Numbers are rounded to the nearest pound and numbers in brackets relate to the year 2020. 

## Assets: 

Cash and Bank Balances as at 31/12/2021 were £39,796 (£19,959), an increase of £19,837 for the year. 

## Income: 

Income overall was £ 25,844 (£17,606), i.e. an increase of £8,238. 

Details for the main sources of income are given below: 

|Social (net proft)|£0||(£1,073)|
|---|---|---|---|
|Summer Party (net loss)||£-671|(£0)|
|Donations and grants||£19381||
|(£13,648)||||
|Lettings|£2392||(£2,365)|
|Marquee (P.V.H. share)||£100|(£0)|
|Electricity Meter|£91||(£251 )|



## Expenditure: 

Expenditure overall was £4,835 (£8,156) i.e. a decrease of £3,321. These figures do not include any costs for socials, as income from socials has been recorded as net income only, after the deduction of all costs. Details of the main expenditure items are given below: 

|Cleaning, minor purchases etc.||£1831|(£1,770)|
|---|---|---|---|
|Insurance|£791||(£750)|
|Repairs and major purchases||£1161|(£1,569)|
|Electricity|£430||(£1,005)|
|Water|£97||(£234)|
|Licences|£21||(£21)|
|Refurbishment Expenses|£0||(£2622)|



The following points are worth noting: 

1. Letting is down again this year, as last, which, given the pandemic, is not surprising. 

2. No social was held in 2021. 

3. Mayday was not held due to the pandemic but substantial Covid 19 relief grants  have helped income greatly. A summer party was held in 

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August substantially funded from VH funds to celebrate emerging from 'Lock down'. 

4. Gift Aid rebate from HMRC was received covering all donations received. 

5. Electricity costs were significantly higher towards the end of 2019 and early 2020 following the installation of new heating in the kitchen and WC area. After monitoring, temperature and timing settings have been changed and significantly lower costs are now being incurred. Our fixed rate contract for electricity expires in mid 2022 when we can expect a substantial rate increase then. 

6. Our Nat West Bank account was closed in May 2021 and  our account moved to the Co-Op with an incentive payment to the VH of £1500. The Co-Op has been far more efficient and its systems have allowed us to establish on line banking. All bank account spending is now approved by two committee members. 

7. An Independent Examiner’s report has been very kindly prepared by Jocelyn Nichols, and is duly circulated. No issues were raised by the report and a signed copy should be placed on record. 

8. As we do not have plans to run income generating entertainment at present I plan, for security reasons, to reduce the amount of cash float held. 

## Summary: 

I consider the overall financial situation to be excellent due mainly to generous donations and Covid 19 relief grants. 

My estimate for routine expenses in 2022 is £4,000. 

Peter Brookes           Treasurer 25/1/2022 

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## 2021 An Accs 

## PRISTON VILLAGE HALL 

Receipts and Payments Account for year ended 31 December 2021 

|PRISTONVILLAGEHALL<br>Receipts and PaymentsAccount<br>foryearended 31December 2021|||
|---|---|---|
||**2021**|**2020**|
||**£**|£|
|RECEIPTS:|||
|Profton Social|0|1258|
|May Day (Summer Party)|500|0|
|Hall&carpark lettings|2392|2365|
|Marqueehire|100|0|
|Donations&grants|19381|13648|
|Electricity meter receipts|91|251|
|GiftAidReceipt|3380|0|
|Miscellaneous|0|83|
|TOTALRECEIPTS|25844|17605|
|PAYMENTS|||
|Cleaning&admin.expenses|1831|1770|
|Insurance|791|750|
|Repairs&renewals|1161|1569|
|Electricity|430|1005|
|Water&sewerage|97|234|
|Priston PCCshareofmarqueehire|0|0|
|Licences|195|21|
|Refurbishmentexpenses|0|2622|
|Mayday/Socialexpenses|1171|185|
|ASSET PURCHASES|330|0|
|TOTALPAYMENTS|6006|8156|
|NET SURPLUS/DEFICIT FOR YEAR|19838|9449|
|OPENING CASH FUNDS|19959|10510|
|**CLOSINGCASH FUNDS**|**39796**|**19959**|



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2021 An Accs 

**2019** £ 6872 4562 2137 180 48784 264 1147 0 63946 1586 713 1225 462 60 126 77279 1504 991 83946 -20000 30511 **10511** 

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## Assets & Liab 

## **Statement of Assets and Liabilities as at 31 December 2021** 

||**2021**|2020|
|---|---|---|
|CASH FUNDS:|||
|Co Op Current account|39031|19121|
|Cash|765|838|
||-----------------|------------------|
|**Totals**|**39796**|**19959**|
|OTHER MONETARY ASSETS:|||
|Marquee part ownership with PCC|125|158|
|Tables, stalls, burner, freezer, hose|||
|vacuum cleaner, kettle|1000|1181|
|Computer, stage rails,hearing loop,|1000|2514|
|cooker, ladder, fre extinguishers|500|991|
|Giftaid repayment outstanding|0|3350|
||------------------|------------------|
|**Totals**|**2625**|**8194**|



## NON-MONETARY ASSETS 

Land and buildings used by the charity: 

Priston Village Hall (acquired 13/03/1979, freehold vested in the Official Custodian for Charities) 

APPROVED …............................................................................ Chair of Trustees 

…............................................................................ Treasurer 

Date 

…............................................................................ 

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Assets & Liab
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Reconciliation 

## PRISTON VILLAGE HALL ACCOUNTS 2021 TOTAL RECONCILIATION (Whole £s only) 

|12/20/21|Closing Bank Balance:|£39,031|
|---|---|---|
|12/31/21|Cash held:|£765|
||Total|£39,796|
|12/31/20|Cash and bank balance|£19,959|
|2021|Income recorded|£25,844|
|2021|Expenditure recorded|-£6,006|
|2021|Total|£39,797|



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