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2023-08-31-accounts

Chairs Annual Report

I am Jacob Woodfield, the Chairperson of this committee, and it has been my privilege to serve in this role since the previous AGM on November 15, 2022.

I am pleased to report on the progress we've made over the past year. We've devoted considerable time to building and enhancing our operational processes, such as ensuring timely deposit returns and fairly attaining quotes for essential works, amongst many others.

One of the core drivers of the year has been our commitment to bringing Spencer's Wood Village Hall into the 21st century. We've equipped the hall with new features like speakers, Wi-Fi, electronic blackout blinds, and improvements to our hire's access processes. For a comprehensive list of all the work carried out, I invite the treasurer to provide a detailed account later in this meeting.

But the journey doesn't stop here; we have more projects in the pipeline, including sound control for the Wellington Room and the replacement of old doors. We are also working on modernising both the website and even the domain name - These endeavours will ensure that our hall remains a valuable and modern resource for our community.

Let us not forget the lifeblood of our hall - our repeat hirers. We owe them a debt of gratitude for their continued support. To further support them, we will soon distribute leaflets to all local homes within the RG7-1 postcode. These leaflets will show the repeat events taking place in the hall and our outreach will ensure our events continue to flourish.

The Repair Cafe and the Market have flourished and continue to grow in popularity each month.

These initiatives not only provide crucial services to our community by fixing household items, but also support local small businesses and help to bring more people to the hall each month.

As we look forward to the upcoming year, we are excited for both the challenges and the successes awaiting us. I am confident that we will continue to thrive and serve our community.

On a more personal note, l'd like to express my genuine gratitude to every person sitting with me at this table tonight. Your dedication and hard work are the driving force behind our successes, and your presence here is greatly appreciated.

Together, we make Spencer's Wood Village Hall the vibrant heart of our community that it is today.

Thank you for your attention, and I look forward to the rest of the AGM.

10/11/23

Spencers Wood Village Hall Treasurer’s Report FY 2022/23

I am Chris Baker; the Treasurer of Spencers Wood Village Hall and I have the pleasure of delivering the Financial Report for the financial year 2022/23.

After the challenges of the covid pandemic followed by the cost-of-living crisis brought about by the war in Ukraine I am pleased to report that Spencers Wood Village Hall revenue actually increased in round figures from £32k to £39k, an uplift of just under 18%.

The largest contribution to the Village Hall’s revenue came from both long term users of the hall, (clubs and groups) and short term users, parties, training, AGMs from local residents associations – £33.7k. The fund-raising activities along with the repair café and Farmers Market contributed to just short of £5k.

The hall operating costs increased from 9.5k in FY21/22 to 20.4k in FY22/23 and uplift of about 53%. The largest costs were in cleaning just under £5k which included cleaning of the hall, grounds maintenance and window cleaning, Gas supply that was just short of £3.5k and operating licences which were just under £2k.

At the close of the year our Profit and Loss showed an operating profit of just over £20k.

At year end we had cash funds of £58,391.

As well as operating the hall, the management committee agreed to some major capital expenditure to preserve the hall for the next 15-20 years. This expenditure included the installation of a new central heating system, restoration of the main hall floor and roofing repairs to the main hall and the flat roofs on the extensions.

As well as the capital projects we have introduced the following:

  1. Xero Accounting Software

  2. Internet connectivity and a mesh network

  3. Black out blinds in both the Wellington room, Kitchen, and the Main Hall

We have not increased the hall rates this year; any financial growth will come via increased occupancy. We are already seeing new classes starting in this financial year, we have 2 confirmed new classes and a 3rd that is almost over the line.

In summary I believe we are financially sound and will continue to be so in the coming year.

CHARITY COMMISSION FOR ENGLAND AND WAIEslall Receipts and payments accounts CC16a For the pertod 0110912022 3110812023 Section A Receipts and payments Unrestrictèd fund¥ Rostrictèd fut)dB Endowment funds Total funds Last year toth• n4rg•t£ ioth• np4ro¥t£ loth¢ n•4r•¥t£ tothe n•ar•3t £ Al Recol 4.656 4,656 33,719 500 ,222 25,833 H911 &ookln98 33.719 500 337 337 12 Interest 451 Sub tot•l(Gross incomé lorAR) 39,e13 3P,OIJ 32,￿7 A2 A880t and Inva•tm•nt 04108, 1400 tsblo). Sub total Totalrecelpls J9,103 39.663 32,067 A3 Paym•nt• 14,351 120 lTh$urB 1.047 947 1.047 917 1,107 Sub tot•1 20.4B6 2Q,496 9.458 A4 Asset and Inv¢stment purchases,1800 tsblel Compulgr Eouipmèni L8ahold ImprovBm8n19 Planl and MRchin 3•2 392 31,341 13 31,341 130 FI￿￿re9 & Flttlng8 3,365 3,365 Sub total 35,228 35,22B 55.724 5.724 9,458 Not of receIpt￿{paYMents) AS Transfers between funds A6 Cash funds last year end Cash lunds this year ¢nd 18,061 t6,051 22.609 74,452 5J,391 74,452 51,B43 74,452 58,391

Section B Statement of assets and liabilities at the end of the period Unrestricted funds Restricted funds Endowment fund$ Cats9orlos Deialls B1 Cash funds CuTrBrlknni 3.05$ 5&337 Total cash funds 5B.391 Unr98tr1cted fvnds R•JtrlGted fund6 to nwr••t£ Endowment funds to n•ar•¥t£ Detslls 82 Olher mon•tary #ssgts Detalls Co•1 IopiioMII CurrgnivBIy• Bl ty• Fund ¢yry•nl volu• Dill• B4 A8$et• r•taln•d for th• harlty'8 own u8• Jgz Jl,J41 Pknl 8nd 130 Fixlw•B & 35.228 10 *hlth Hthilmy rql¥l•• rnoum due optiDn•ll 1,8OD Ylhen tjuo on&ll Detai15 B5 Llabllltles Signed by ¢ne or Injstses on bghalf of th8 truSt•B¥ SvJnalurÈ Print Name Data of roval

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees Charity Name Spencers Wood Village Hall On accounts for the year 31/08/2023 Charity no 300204 ended (if any) Set out on pages (remember to include the page numbers of additional sheets)

Report to the trustees

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/08/2023.

Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed: Name: Kelly Willcox Relevant professional ACMA qualification(s) or body (if any): Address: 1 Peach Street

Date: 30/06/2024

Oct 2018

1

IER

Wokingham

RG40 1XJ

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

Oct 2018

2

IER