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2021-12-31-accounts

Registered Charity Number 281945

Annual Report and Accounts for Mereside Village Hall (MVA) Registered Charity No. 281945

Trustees’ Annual Report

1 January 2021 – 31 December 2021

Names of Trustees

John Mitchell (Chairman) Steve Davis (Vice Chairman) Amy Edwards (Secretary) Michael Stitson (Treasurer) Caroline Aebutius Kathy Addy John Chrisp (Hall Bookings/ President) Barbara Davis Corinne Campbell Wendy Ansell (Newsletter Editor) Bruce Carter Carole Gudgion Gill Mitchell Emily Stevens Kathy Stitson Susan Walker

2021

The Covid regulations were relaxed, and the hall finally reopened. The hard work of the volunteers and the grants that we have received have helped the hall to weather the pandemic and towards the end of the year we start to return to normal; events are taking place and villagers are using the hall again.

2021 Achievements

The hall has been awarded Hallmark 1 status. This demonstrates that the hall is well run and has easily met the standards set by Hallmark. The report states that “the dedication of the trustees is clear to see, and they work incredibly hard to maintain the excellent standards within the building” . The certificate is on the website which is also new this year. A group of committee members have already made a start on Hallmark 2.

The small band of handymen have continued their good work throughout the year:

1 | P a g e M e r e s i d e V i l l a g e A s s o c i a t i o n

In addition, we have added a number of technological changes to the hall:

Most importantly a new draught beer, Digfield’s Fool’s Nook, has been added to the range of fine ales and beers available at the bar.

Reserves Policy

The MVA has sufficient resources in the bank as unrestricted reserves at the year end. These reserves are available for unforeseen expenditure in relation to building maintenance or urgent furniture or equipment replacement. It is the Trustees’ policy to maintain unrestricted reserves[1] of between 150% and 200% of annual revenue budget expenditure.

There are currently no restricted funds for maintenance in hand although a number of important maintenance and safety activities are planned for the next year.

Future Plans

The committee wishes to build on the existing success of the hall and use Hallmark 2 to ensure the continued development of the hall, the health and safety of its users, security and licenses.

The committee has identified the following maintenance and safety related projects:

I wish to thank all of the committee and the other volunteers for their cheerful contributions to the running of the hall whilst it had been closed and now as it opens up for their support for the various events and activities that are run at the hall.

John Mitchell, Chair 10[th] March 2022

1 The committee are responsible for the maintenance of the village hall and from time to time this involves major works far in excess of cash reserves held. On identifying such major works, fundraising is undertaken with the object of meeting the costs in full (i.e. without needing a loan). Such funds would be restricted. 2 | P a g e M e r e s i d e V i l l a g e A s s o c i a t i o n

COIF ACCOUNTS YEAR ENDING 31ST DECEMBER 2021

COIF DEPOIST ACCOUNT - 977640001C

Balance b/f as at 1/1/21 11,642.11 Dividend from Investment Fund 668.52 Interest 1.39 Closing Balance as at 31/12/21 12,312.02

COIF INVESTMENT FUND - 977640001T

Balance b/f as at 1/1/21 3,108.90 172.95 units @1797.57 per unit Closing Balance as at 31/12/21 3,551.84 172.95 units @2053.68 per unit TOTAL COIF BALANCES AS AT 31/12/21 15,863.86

Mereside Village Association Receipts and Payments Year Ending 31st December 2021

Reciepts COIF Cash Bank Total
Adverts 0.00 261.50 261.50
Bingo 0.00 0.00 0.00
Donations To Gift A/C 294.35 4844.40 5138.75
Entertainment 312.06 0.00 312.06
Grants 0.00 75617.00 75617.00
Hall Hire 644.00 2093.00 2737.00
Loan Drovers Rest 0.00 125.00 125.00
Misc 0.00 991.00 991.00
Rent Drovers Rest 0.00 5700.00 5700.00
Cash To Bank 0.00 0.00 0.00
Bank Interest 1.39 0.00 0.00 1.39
Dividend from Investment Fund 668.52 0.00 0.00 668.52
Revaluation of COIF Units 442.94 0.00 0.00 442.94
1112.85 1250.41 89631.90 91995.16
Payments
Bank Charges 0.00 0.00 0.00
Bingo 0.00 0.00 0.00
Carpet Cleaning 0.00 0.00 0.00
Cleaning 0.00 0.00 0.00
Donations 0.00 0.00 0.00
Drainage Board 0.00 119.40 119.40
Electricity 0.00 1023.00 1023.00
Entertainment 0.00 0.00 0.00
Fire Equipment 0.00 344.65 344.65
Handyman 256.25 0.00 256.25
HMRC 0.00 30.20 30.20
Licences 0.00 585.68 585.68
Maintenance 0.00 1301.44 1301.44
Meresider Printing 0.00 923.50 923.50
Misc 400.00 476.00 876.00
Oil 0.00 0.00 0.00
Phone & Broadband 0.00 411.24 411.24
Purchases For Hall 117.80 62204.03 62321.83
Rates 0.00 289.88 289.88
Rubbish Collection 0.00 376.53 376.53
Training 0.00 0.00 0.00
TV Licence 0.00 159.00 159.00
Wages 0.00 677.08 677.08
Water 0.00 0.00 0.00
Window Cleaning 140.00 0.00 140.00
Hall Hire 0.00 0.00 0.00
To Bank 0.00 0.00 0.00
TOTAL 0.00 914.05 68921.63 69835.68
Receipt over Payments 1112.85 336.36 20710.27 22159.48

MERESIDE VILLAGE ASSOCIATION FINANCIAL STATEMENT - YEAR ENDING 31ST DECEMBER 2021

OPENING FUND 1ST JANUARY 2021
INVESTMENTS 14,751
BANK TSB 27,554
CASH IN HAND 924
43,229
CLOSING FUNDS 31ST DECEMBER 2021
INVESTMENTS 15,864
BANK TSB 48,264
CASH IN HAND 1,261
65,388
NETT MOVEMENT IN YEAR 22,159
INCOME 91,995
As per attached sheet
EXPENDITURE 69,836
As per attached sheet
INCOME OVER EXPENDITURE 22,159
- Check

AUDIT CERTIFICATE

I certify that I have carried out an audit of the records of Ramsey Mereside Village Association. I am satisfied that these have been accurately produced and maintained and form an accurate basis for the accounts for the year ended 31[st] December 2021.

I have also verified that the income and expenditure, assets and liabilities of the said Ramsey Mereside Village Association are correctly stated in the said accounts, which portray a correct and fair statement of the said Association’s finances.

Yvonne Goodman Independent Auditor

24[th] January 2022