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2022-03-31-accounts

Renhold Village Hall Management Commitee Treasurer’s Report Year Ending 31st March 2022

Income

There was very little income until mid July when we were allowed to open our doors again on a more regular basis. We restricted numbers and hours so most revenue has been apart from our regular hirers, training days and children’s parties. Each month the hours and times have been reviewed. We are still not at full capacity, as Caretaking duties are currently still being manned by the trustees.

A further 12k was received in Covid related grants from the government.

Solar Panels

There has been a further £890 received from the Solar Panels this year.

3.Expenses

Fortunately, we have had few major expenditures this year.

The guttering has been replaced on the upper level in the last year. Also 2 new radiators were installed in the Newbury Room.

Salaries . To keep costs down, we as trustees have taken on board extra duties, on a temporary measure until trade has picked up.

Therefore, wages are down to a minimum with payments only for the minutes secretary.

Electricity In October, we have changed our electric company to British Gas which is on a fixed term contract until September 2024. Although our rates increased initially these seem to have settled to a better level

BT/Broadband and IT Our monthly direct debit is set on a regular basis.

Insurance – The insurance is on fixed terms until the end of November 2023

Landscaping – The rear field hedge was kindly cut again with no expense to us by the neighbouring farmer’s . A small donation of thanks was given in lieu of payment. Overall, there has been a 6% reduction in costs compared to the previous year. Extra work was carried out to one of the flower beds in the Car Park to reduce maintenance of shrubs etc

General Maintenance overall general maintenance has been low this year. Four fire extinguishers had to be replaced One Co2, One powder, 2 Ecofoam. The Scan Alarm Fire panel had to be replaced in May (last year)

Also purchased was a defibrillator which once applied for was funded Bedford Borough Council

Other expenses Gifts to one of our trustees, Yvonne Potter have been made in recognition of her services to the hall in the past.

The Music Licence (PPL/PRS) may have be waived the charges the previous financial year, which was more than made up with a cost of £660 this financial year

4. Bank Accounts

The 95-day account has earned additional interest of £27.00 this year. We transferred back to the account £10K leaving a balance of £25959

The No 2 account the current balance for this account is £19586 Our Current Account balance is at present £10475

Of the Government grants received which we kept back for trading £2k the balance of £10k we transferred back to our deposit account. Our trading resulting in a positive outcome of £1k. Breaking about even

A Haynes

Treasurer to the Village Hall Management Committee

Footnote: We should pat ourselves on the back for these results. In what has been a very difficult period

There has been a lot of extra work carried out far and above (in my humble opinion) of any trustee. So well done to us. Let us hope for an improved future.

RENHOTD VILTAGE HALLMANAGEMENT COMMITTEE
Accounts for theYearended3lstMarch2022
No1CurrentAccount
{incof PettyCash}
2O7O{ZO?L
zol2L
Receipts 2L122 z02t-2072 %total Variance
7?43 Lettings 10s84 4% 9341
llzo Regular 6367 0% 524!
171 Celebrations-weddings/ partiesetc 42L7 o% 4100
919 lncomefromSolarPanels 891 / 3yo -28
325
234
Damage Deposits
Grantfor defibulator f1890Saleof Tablef16
332s
1906
,/ r% 3000
rb/l
2072*7 GovernmentGrantsrelating toCovid LLg62 710k -8765
705 Refund Council Rates/Electricity refund 793 "/ 2% 88
CashTrsftoPettyCash o 0
s000 Nettrsfs betweenNo1 and No2 accounts 0 t7% -5000
29153 7946t 9649
1033 Payments
Staif Salaries andPAYE
223 ,/
4%
-810
235 WaterRates 299 nL% 64
1,977
317
Electricity
Telephone andlTinc Broadband
2487
522
/ 8%
20rt
)ru
L45
1255 lnsuranre \287 5./, 26
5328 Maintenance 5551 234,4 223
1490 Grounds, Landscaping 1110 60,4 -380
277 Consumables/Supplies 45] L% 185
0 RefundofDeposits 284! a% 2841
t1627 Sundries 13735 49% 2108
105
8s8
CouncilRates
refundofDeposits2021/22
118
2840
73
1982
U.OW5
196
180
Refusegins
Licences incofPRS/PPL/LandReg
Stationery/Postageetc.
32
MO
88
-164
650
51
0foS
"A"Board Sign Holders Birdbox 135 135
151 PoppyWreath/Auditcosts 119 -32
100 GiftsDonation 130 30
10000 TransfertoNo2 account 10000 0
0 Mileageexp/coffee tea etc 119 119
0 PettyCash 10 10
Large/CapitalExpenses
194r', Defibulator 1890
?o82 Small Fridge/Replace Chair L94 -1888
3875 Replaceguttering/L'scaping/2 New Radiators 3874 -1
73594 28506 4912
5559.00 Ex€essofReceipts over Payments 9s5.00 -4604.00
9ss.00
CurrentAssets
19.16 PettyCashbalancebfwd1stApril21 19.16
19.16 PettyCashclosing balance 31stMarch2022 29.15
4000.24 t'lo1CurrentA/C balancebfwd1stApril21 9489.62
0.00 Transferfrom 95dayA/CtoNo1A/C 0
5000.00 Net TrsfsbetweenNo1 A/CtoNo2 A/C 10000.00
9489.62 No1currentA/C balance ending 31st March 22 LO446.t6
19.16 PettyCashbalance ending 31st March 22 29.16
9508.78 Closing balance No1 A/C andP/C31stMarch22 to475.32
6367.17 No2 Account AIC balancebfwdLstApril21 23460.77
20000.oo Trsffrom95 accttoNo2 account 0.00
Trsfto95acct fromNo2 account -10000.00
10000_00 TrsffromNo1currentA/CtoNo2 A/C 10000.00
-5000-00 TrsffromNo2 A/CroNo1 AIC 0.00
7901.00 Captial expenses paidfromN02 account -3874.40
23460.!7 Closingbalance 31stMarch 2022 19585.77
0
35814_80 95 day Account balancebfwd1stApril21 15931.62
-20000.00 Trsffrom95 accttoCurrent Acct N02 0
Trsfto95 acctfromCurrent Acct No2 10000.00
712.83 lnterestearned 27"Lr
15927.63 Closing balance 31st March 2022 25958.73
Bank Statement as @ Dla4t2021
aa?-I
16638.
ank Statament as(@ i11o5t2021 17aO7 31
nooutsiandifto
16853.72
o/stomt 2269 -8 50
llosingbalance 16845.
1
osl receiptnolclr 180.
o/st omt 227C -80
closino balance '16981.&
1to412021 1618't.48
)losinobalance 31/0612021
Bank Statement as@31 1O9t2021 16217.
llosjneBalance
ank Statement 3'1/'10 1 179A2.
lADa 17902.
Bank Statement 31/. 1 7214.73
)sinobelBnc 1t12i21 7214.73
ank Slatemeni 31/0'1ll 7503 74
cho2275 -216A
cha2276
ch,a2277 30 00 -76.60
Closinq balancei ,1tc1t22 7427.1,
10446 16
1t03t22 14.4461l

23 Hillesden Avenue Elstow Bedford MK42 9YX

Renhold Village Hall Wilden Road Renhold Bedfordshire MK41 0LY 5[th] August 2022

Dear Anne

RENHOLD VILLAGE HALL ACCOUNTS

After auditing the accounts for Renhold Village Hall, I can confirm that everything was in good order and the financial report reflects the financial position of Renhold Village Hall given to date.

Kind regards

Daniel Ellis