Annual report on accounts for 2023-24
Our hall has undergone much renova�on over the past year, caused by structural failure of roof which was removed, rebuilt, flooring removed and relayed, new kitchen and bar area designed and fi�ed, and redecorated throughout (except for toilet facili�es). Materials for this work were funded by reserves, dona�ons and some S106 money from a local development. Labour was by volunteers, local trades - builders, plumbers, electricians, carpenters, roofers all worked voluntarily 3 weekday evenings and 2 weekend days most weeks for a year. The hall was closed from October 2023 to September 2024. Available funds have now reduced because of extensive work throughout the building over the past 2 years. Our accounts reflect this situa�on, showing a significant loss in year ending August 2024 as the hall was closed for most of this period.
Profit and Loss
Blackawton Village Hall Club For the year ended 31 August 2024
| Profit and Loss Blackawton Village Hall Club For the year ended 31 August 2024 |
|
|---|---|
| 2024 | |
| Turnover | |
| Card Machine Sales | 10.65 |
| Council Grant | 14,179.65 |
| Donation | 38,097.34 |
| Interest Income | 87.06 |
| Total Turnover | 52,374.70 |
| Cost of Sales | |
| Direct Expenses | 36.50 |
| Total Cost of Sales | 36.50 |
| Gross Profit | 52,338.20 |
| Administrative Costs | |
| Audit & Accountancy fees | 173.00 |
| Consumables | 64.00 |
| Fund Raising Expenses | 4,833.33 |
| Insurance | 798.12 |
| IT Software and Consumables | 636.79 |
| Light, Power, Heating | 3,725.22 |
| New Roof | 54,971.23 |
| Subscriptions | 80.96 |
| Telephone & Internet | 424.79 |
| Water | 324.38 |
| Total Administrative Costs | 66,031.82 |
| Operating Profit | (13,693.62) |
| Profit on Ordinary Activities Before Taxation | (13,693.62) |
| Profit after Taxation | (13,693.62) |
Profit and Loss Blackawton Village Hall Club
24 Feb 2025 Page 1 of 1
Mason Accountancy Ltd Small Business Accountants
Moors Edge Barn, Woodford Blackawton, Devon TQ9 7AA t: + 44 (0) 7733334797
e: anne-marie@masonaccountancy.com www.masonaccountancy.com
Accountants Professional View
For Blackawton Village Hall
Having looked at the financial records for the financial year ending 31 August 2024, it is my opinion that financial record keeping is in excellent shape, clear to follow and all transactions recorded match the activity in the bank account using Xero accounting software. Invoice and receipts are recorded in a clear and concise manner within the software.
The Trial Balance, Profit and Loss account and Balance Sheet produced from the records in Xero are a true and accurate record.
28/02/2025
Anne-Marie Mason, ACMA, CGMA, MBA Mason Accountancy
Registered in England & Wales 12652153 registered office: Moors Edge Barn, Woodford, Blackawton, Devon TQ9 7AA