Clwiry regLStr31ioii iiuniber: 287714 Langford Budville Village Hall Fi￿n¢]￿l StdivnrnL% for the Year Ended 31 DeLeiitrr 2022 LANGFORD BUDVILLE VILLAGE FL4LL CONTEPUS Iiidependeiii eX￿nIt]er'S rep)n Staten*nt ot financial activities BalanLe Sheet Notes to tbe fmancial staten*nis 4t08 Tbe f(Trllvwing Piiations Covid business %upp)rt grdnis Bar incoii]e trutn vvenls Hiringi fees Budvue cineina Fete tund Lontribu(ion P￿lsh P&irry VH Bowls tund Hisliiry fund Ci)IlllllUllilJ fund Otlier lllCOII liiieres1011 Ldsh dew)siis 1.346 2.667 5?2 19.093 1,346 2,667 522 19.093 i40 1.216 20,092 i(A 8,125 925 350 259 1.883 1.883 36 730 730 78 78 ?6.89) 2.619 31.184 P&igie 5 LANGFORD BUDVILLE VILLAGE FL4LL NOTES TO THE FINANCIAL sfATELIIENfs FOR THE YEAR ENDED 31 DECEI¥IBER 2022 Collftiiued TOTAL RESOITRCES EXPENDED Total Direct costs Bar s[￿k aiid supplies Hire hall ex￿￿1¥ Budvue cineiiu ex￿￿Se8 VH Bowls tund Pdrish party ex￿IL￿¢s P[0￿rty' repairs Water rates Lig,lii, heat dnd ￿>Wer 11]surdnLe Grouiids nuiiiienance Equipli￿1)I repairs dnd renewals Telepliiiiie dnd t&¥ LiLenLees dnd %ub%Lripiii)n Hdll supplies and cleaiiing tkpreciation of equipineiit and tittiiigs 328 1,804 956 650 191 8,950 546 1.579 743 95 326 572 2.369 1.941 22,450 TRUSTEE'S RE￿luNERATIoN .4ND EXPENSES Tlie irusiee did iiot receive any remunerdiion during die year. NET INcO￿lING RESOURCES Net iiiconiing resources is stsied after LhdrgIIl￿. 2022 2021 Ikpreciatinn of owiied asseis 1.941 1.940 P&igie 6 LANGFORD BUDVILLE VILLAGE FL4LL NOTES TO THE FINANCIAL sfATELIIENfs FOR THE YEAR ENDED 31 DECEI¥IBER 2022 Collftiiued TANGIBLE FIXED ASSETS Freehold interest in land and buildings Fiitures, fittings and equipment Total Net Ix)ok Tralue As ai l j￿Illar). ?022 Addilions As at 31 tkL'ei1￿r 2022 589.761 12.930 1.950 14.880 602,691 1.950 (rfH.641 589.761 Depreciation As ai l Jdiiudrj ?022 Clurge tor ibe ￿edr As dt 31 tkL,em￿r ?022 1,940 1.941 3,881 1,940 1.941 3.881 Net book Tralue As dt 31 DeLeiithr 2022 As dl 31 tkceinber ?021 i89.761 89.761 10.999 10.9 6(K).760 CREDITORS: Ai¥qouwfs FALLING DUE 11:ITHIN ONE YEAR 2022 2021 ALcruals and deterred illcoii 559 P&igie 7 LANGFORD BUDVILLE VILLAGE FL4LL NOTES TO THE FINANCIAL sfATELIIENfs FOR THE YEAR ENDED 31 DECEI¥IBER 2022 Collftiiued RELATED PARTIES Controlling entit!. Tbe Llurity is Lolltrolled by Ibe irusree. 9 ANALYSIS OF FUNDS .4ll Januin. 2022 At31 December 2022 Incoming Resources resources eipended Transfers Genernl Fun(Ls Ul￿eS[ric{ed llicon tund 633537 ?4.246 121.8W) 983 636.966 Iksignated Funds Slion Iiur ￿WI5 tund CiTri)Ui￿niry tund HLSfi)ry fund 3.8(K) 1.883 730 1650 (1.6501 3.383 730 703 4.816 667 1983) 3.8(K) 2.649 1650 637J37 26.895 1 ?2.4iOI 641.782 10 NET ASSETS BY FUND Unrestricted Design2ted Total Funds Total Funds Fuuds Fullds 2022 2021 Tangible assets Current dsseis Credirors: Amounis failing due w'iihin one ￿ear Net assets K).7(rf) 36206 6(X),7d) 41.022 6(K),751 37,145 4.816 1559) 637.337 636.966 4,816 641.78? P&igie 8 LANGFORD BUDVILLE VILLAGE FL4LL DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE ￿AR ENDED 31 DECEMBER 2022 2022 2021 Income IkniiJliuns Covid business suptK)n grants Bar inconie trom evenis Hiring fees Budvue cineina Feie tuIid coIiiribuiion Parisli party VH Buwls tund Hisrory fund C()in]iiunity fund Otlier lllCOII liiieresl oil Lash detM)8iIS 1.216 20.092 164 8,1?5 925 350 259 2,667 522 19.09.1 1,883 730 78 ?6.89) 31,184 E¥￿Id1(ure Bar st(Lk and %upplie Budvue cineina expei)%e Parisli parry expenses VH Bowls tund Hire hall expeilses Priipenj. repairs Wdter Tates Liglit, hedt dnd tK)wer liisurai)Le Gri)uiids IiuinieiL2nce Trees, plaiits, IiiulLh iiuts, ￿nLh Equipiirnt repairs aiid reneii'als Jubilee hail sign Telepl)iiiie dnd tax Priiirili￿, wsrage dnd stationery LiLeiiLees dnd subscripiions Hall supplies dnd cleaning Ikpreciatinii ot equipiitnt and tittings 328 956 (9) 648 745 3(K) 1,804 8,950 357 410 iio 1,579 743 1.395 1,244 151 95 326 234 572 2,369 1,941 310 1,174 1.940 9.800 21.384 Net surplus 4,44) This P&ige does llOI forn) Pilrt of rbe %1dmf(iry fitwicul state11￿1]￿. P&igie 9 ## **Langford Budville Jubilee Hall Trustees’ Report May 2023** ## _Annual Report for 2022 - 3_ This is the Annual Report for the Hall: do come to our Annual General Meeting on Monday 5 June at 7pm. In the year to December 2022 the Hall returned to its pre-Covid levels of activity (with the assistance of a residual Covid business grant of £3,000) taking income to around £27,000 compared to 2020 (£19,000) and 2021 (£31,000). The Hall recorded a surplus of around £4,000 in the year compared to surpluses of £7,000 and £21,000 in the previous two years. However, the new floor cost £7,000 and this has been treated as an expense. In addition to a busy typical week at the Hall most weekends are also booked up variously with workshops, childrens’ parties and weddings and celebrations. ## _Capital works_ During the year we have started a long-term capital and maintenance plan to help budget for resources going forward. Key considerations are: - the likelihood of the new housing works progressing and hence the possibility of third-party contributions to outstanding capital works – particularly surfacing of outside hard spaces; - the need for additional storage; - feasibility of installation of renewable energy technologies to mitigate volatile electricity and heating oil costs. In addition to laying the new floor, we completed improvements to drainage and repairs to the grout in the outside paving. Current projects include paving over the courtyard area to provide more flexible outdoor space and replacing the flooring in the lobby area following flood damage in February. ## _The housing development_ There has been very little communication with the developers of the new housing scheme adjacent to the hall since Spring 2021. ## _Events_ Café Plus has taken place once a month over the last year. It is a really popular way for residents to socialise. Particularly successful occasions were February’s _Bikes and Babies_ and April’s _Complementary Health Fair_ . The major events since the Jubilee Barn Dance in 2022 have been the Coronation Big Breakfast and Street Party in early May. The Big Breakfast was combined with a Café Plus and live-streaming of the Coronation, and was very successful. The introduction of fibre broadband to the Hall during 2022 opens up the possibility of more varied bookings. A very positive development is that a wider group of people than just Hall trustees are now meeting to discuss and agree events. ## _Other initiatives_ During the year we initiated a Community Fund for grants of up to £100 for each application, which is administered within the Hall accounting system but accessed with oversight from the Parish Council and an independent resident. To date there have been three applications and two have been approved – firstly to buy a wildlife camera and secondly, to help kick start a Baby and Toddler group. The Community Fund has been resourced from surpluses from the Pop Up shop and Café Plus. This year we hope to implement booking software which should help to reduce the administrative load on the Booking Clerk and Treasurer. ## _Trustees, key holders and helpers_ During the year Zenah Rowe stood down as a Trustee. Zenah was one of the most longstanding Trustees and contributed a great deal during her time at the Hall. She continues to be involved – securing bike stands from a charity and acting as barperson for Jazz nights. We are really pleased to welcome Dom Lloyd and Fiona Barber as new Trustees and Fiona has kindly agreed to take over from Margaret Brown as Hall Secretary. Margaret will continue as Booking Clerk. Steve Care has ceased his garden maintenance business and we are now supported by Charlie Roffe-Sylvester of Wiveliscombe for grounds maintenance. We cannot operate without our trustees, key holders and supporting staff. I am really grateful to all of them and also to Rosina our cleaner. I am also very grateful to Keith Moore who continues to provide support on a wide range of matters. Michael Huntingford, 19 May 2023