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2023-12-31-accounts

Ravensthorpe

Village Hall

Trustees’ Annual Report, April 2024

Each year our aim is to continue the development and improvement of our facilities, so that the hall is an attractive venue for hirers and visitors. We hope that this in turn enables us to produce a financial surplus which will be spent on further improvements.

In 2023 our hire income increased. The level of Cinema income also increased. Of special note in 2023 was the rising income from ACE courses, which we hope will continue. We aim to offer a wide variety of activities and events. The committee, along with our stalwart supporters also generated good revenue with other fundraising activities.

Most hall visitors are older or retired. This seems to be our main market, though our objective is to appeal to, and provide for, all age groups. Up to now we have

not been so successful with younger people.

Karate, however, has been an exception and we hope that the recently

launched Table Tennis may attract the young too.

The financial position of the hall is good, but tasks ahead will need significant spending at some time.

Last year, I reported that younger volunteers are needed to organise events

and take on the management of the hall. The results reported here were made possible by the immense efforts of relatively few. Succession is a key issue for us to solve in the future.

I would like to thank all the management committee and our regular helpers for their sustained dedication and hard work throughout the year.

Your suggestions are always welcome.

Bob Pike April 27th , 2024 (Chairman, Ravensthorpe Village Hall

RAVENSTHORPE VILLAGE HALL

CHARITY NUMBER: 278283

INCOME AND EXPENDITURE ACCOUNT FOR YEAR ENDED 31 DECEMBER 2023

INCOME
£
Hall Bookings
10,914.08
Film Club
7,284.38
Speakers' Corner
777.08
Coffee Mornings
952.40
Crafternoons
404.90
Other Fundraising
8,129.25
Solar Panels & Electricity Meters
1,018.29
Art Talks & Courses
8,051.00
Grants (Covid-19)
0.00
Ukraine Appeal & Jubilee Donations
0.00
Legacies & donations
10,725.00
Sale of chairs
1,259.64
Other Income
755.19
TOTAL INCOME
EXPENDITURE
£
Film Club & Other Bar Expenses
5,569.66
Capital Expenditure
4,788.33
Talks & Eve
5,257.88
Maintenance & IT Support
1,458.68
Cleaning
1,359.96
Electricity (adjusted for credits) & Water
4,024.07
Access & Security
254.87
Staff Salary
3,850.00
Other Expenditure
1,926.80
Broadband, AV and other Tech
___
Insurance
819.39
Furniture & Equipment
9,196.29
Business Rates & Premises Licence
70.00
Ukraine Appeal & Jubilee Donations
748.60
TOTAL EXPENDITURE
SURPLUS/DEFICIT OF INCOME OVER EXPENDITURE
ASSETS
Bank - Current Account
53,966.03
FINANCED BY RESERVES
Reserves brought forward
43,019.35
Surplus/Deficitfor year
10,946.68
Reserves carried forward
£
50,271.21
£
39,324.53
10,946.68
53,966.03
53,966.03

BALANCE SHEET ASAT31 DECEMBER 2023 2023 2022 ASSErs Bank- Current Account 53,966.03 43,019.35 53.966.03 43,019.35 .FINANCED BY RESERVES Reserves brought forward Surplus/Deficit for year Reserves carried forward 43,019.35 10,946.03 27.621.72 15,397.63 53,966.03 43.019.35 Accounts prepared by C GILES. Treasurer th 18 January 2024 signed Accounts approve by Committee on 5th February 2024 signed position I have examined the books and records ofthe Committee. In my opinion, theAccounts set out above give a true and fair view of the state of the Committee's affairs as at 31" December202a. .J STEPHENSON MA Signed date