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2023-09-30-accounts

Winchendon Road, Chearsley, Buckinghamshire HP18 0DW

- – ’ Chearsley Village Hall 22 23 Chair s Report 1 Feb 2024

Executive Summary

This is the fifth full year of operation of the new Chearsley Village Hall. We said farewell to our previous and excellent Chair and Bookings Secretary Anne Burnett in June 2023. Keith Turnbull took over as acting Chair in addition to continuing as Treasurer. Paula Johnson took on the critical bookings secretary role as well as becoming a trustee for which we are very grateful.

Our 9 trustees as of the AGM are Keith Turnbull (Acting Chair and Treasurer), Paula Johnson (Bookings Secretary) , Venetia Davies, Ann Lee, Della Mitchener, Antonia Stratford, Brenda Dormer, Ruth Holland, Margaret Morbey (Secretary). Our constitution allows up to 13.

Overall the CVH balance, which started Oct 2022 at £40,102 , was £40,394 at the end of the reporting period (Sept 30 2023). We had the usual grounds improvements and maintenance expenditures although spending less on deep floor cleaning in this accounting period than the previous year. We undertook a refurbishment of the partition wall for the first time since opening and repainted the interior. We also undertook a major refurbishment of the playground. This was a significant total cost of approximately £65,000 but we applied for and received significant grants so the net one off additional spend to CVH was £8,565. This was successfully project managed by one of our villagers, Anne Adams, so our sincere thanks to her. Thanks also to the organisations who gave us grants: Chearsley Parish Council, Bernard Sunley, Heart of Bucks, Haddenham and Waddesdon Community board, FCC Community Action fund.

Financial Summary for Reporting Period October 1 2022 – September 30 2023.

Income

Our total hiring income for this year was £27,151. The CHUF component of this was £5,573 . General hiring income was £21,578 vs £21,586 last year. Great credit to our new booking secretary continuing on seamlessly from Anne Burnetts work. There is a significant workload from monitoring and replying to email booking requests and queries plus the operation of the online Hallmaster booking system, so we thank Paula for the diligence and efficiency in taking ownership of delivering all of the Hall income.

Expenditure

Our total expenditure this year , including direct playground refurbishment invoices, was £64,539 but we received £37,500 of direct grants so making the net expenditure £27,039. Excluding playground net expense expenditure was £18,474 versus £25,234 for last year.

Excluding playground expenditure and grants, the building repairs, internal maintenance, cleaning and ground maintenance were £11,390 compared to £15,045 last year. Two significant items last year not present this year were the deep clean and reseal of the floor plus the additional sound panels. However this year we had the partition wall refurbished for the first time.

Our electricity bill (net of solar panel feed In) was £2,266 versus £1,976 last year. This is still reasonable for a building of this size with electric only cooking, heating, and hot water and is helped by our solar panels. One of the things to consider would be more panels and additional battery storage. Additional battery storage

Winchendon Road, Chearsley, Buckinghamshire HP18 0DW

could allow use of a cheaper over night tariff especially in winter when heating costs are highest so something to consider.

Overall P&L and Balance

There was an overall net surplus for the year of £291.92 compared with last year’s £1229.77. The major additional discretional spend this year was on the playground refurbishment which net of grants cost CVH was £8,565. The balance held as of Sept 30 2023 was £40,394.04 compared with £40,102.12 last year. A resolution agreed previously by the committee was to maintain a balance of at least £25,000 for unforeseen large ticket maintenance items as we constitutionally cannot go into a negative balance. Hiring charges were reviewed for the first time since the hall opened in 2018 and were increased on average by 15-20pc in September given the severe inflationary increases seen in 2023. The balance at the time of the AGM will be given during the meeting.

Financial Governance

There are 3 people (KT,PJ,AS) who have full access and visibility to the CVH bank account. The accounts were circulated to the committee on January 2 and also independently examined and stated as being satisfactory by Alex How (ICAEW) in a signed letter of 3 Jan 2024.

On-demand Building supervisor

To offload the volunteer trustee staff from much of the week to week and day to day building maintenance and checks, the committee engaged Kevin Dennington, a local resident, to cover necessary checks and minor repairs more systematically on an hourly paid basis. Although only in place since Nov/Dec this arrangement already appears to be working very well. There are many improvements in evidence such as better lighting in the car park , loose flagstones being fixed, broken door handles replaced , alarm checks, liaising with local contractors and CHUF etc all being addressed much more quickly than before. Our thanks for Kevin for his diligence in this role.

Future tasks and Projects for consideration and discussion

Keith Turnbull keith.turnbull@chearsley.com CVH Chair 1 Feb 2024

RECEIPTS & PAYMENTS ACCOUNT

Year ending 30th September 2023

Winchendon Road, Chearsley, Buckinghamshire HP18 0DP

Receipts
Lettings
Chuf hire
Other hire
Fund Raising
Family Quiz
Theatre Evening
Chearsley Mudder
Murder Mystery evening
Calendar
Christmas Coffee morning
Meadowsong
Easy fundraising
Gatherwell Vale lottery
Donations - Giving Tree
Plant sale
Grants & Sponsors
Bucks COVID Grant
H&W Community Board
Rothschild Foundation
Chearsley Parish Council
VAHT Community Chest
New Homes Bonus Fund
Luton
Garfield Weston Foundatoin
Bernard Sunley Foundation
Rectory Homes
Dale & Heybrook
Chuf
FCC (see Note 2)
Heart of Bucks
Other Income
Equipment Hire
Electricity Meters
Donations - The Bell
Bank Interest
Village Fete
Sale of kitchen
Sale of land
Less Petty Cash paid in to a/c
Total
Gross Income
Payments
Electricity less FIT
Telephone
Water
Advert., Licences & Subs.
Cleaning - Labour & Materials
Fire and Alarms Equipment Service
Grass, Hedge Cutting & Tree Maint
Insurance
Repairs & Maintenance
New Village Hall Project
Theatre in Villages
Remembrance refreshments
Accounts audit, garden, party
Misc hall expenses
Playground Refurb
Total
Net Income
STATEMENT OF ASSETS & LIABILITIES
Current Assets
Building Society Account
Bank Current Account
Petty cash held by treasurer
Current Assets
Current Liabilities
Financed By:
Surplus Brought Forward
Building Contingency Fund
Net Receipts/(loss) for Period
12 m to
30th Sept
2023
12 m to
30th Sept
12 m to
30th Sept
12 m to
30th Sept
2021
12 m to
30th Sept
2020
12 m to
30th Sept
2019
12 m to
30th Sept
12 m to 30th 12 m to
30th Sept
12 m to
30th Sept
12 m to
30th Sept
Sept
2017

2022

2018


2016

2015

2014
5,573.00
21,578.00
5,068.50
21,586.25
26,654.75
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
4,355.76
16,680.00
4,546.67
4,741.76
3,839.89
10,471.21
1,408.50
2,813.00
3,238.00
2,308.50
3,253.00
1,870.01
3,454.00
2,185.25
2,632.00
1,898.00
**27,151.00 ** 21,035.76 9,288.43 14,311.10 4,221.50 5,546.50 5,123.01 5,639.25 4,380.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
83.50
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
141.00
0.00
127.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
59.58
256.50
1,293.75
0.00
0.00
0.00
0.00
0.00
0.00
0.00
102.94
421.00
17,524.13
0.00
120.00
10.00
764.78
199.85
1,477.10
1,054.67
202.24
442.00
27,460.00
756.87
0.00
190.20
0.00
1,050.00
102.50
0.00
78.22
136.50
905.00
51.70
0.00
0.00
0.00
0.00
0.00
18.87
0.00
0.00
90.40
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00 0.00 83.50 268.00 1,609.83 18,048.07 31,730.64 2,314.29 975.57 90.40
0.00
15,000.00
0.00
7,500.00
0.00
0.00
0.00
0.00
5,000.00
0.00
0.00
0.00
10,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
8,000.00
1,869.10
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
10,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
600.00
0.00
345,712.18
0.00
0.00
0.00
0.00
0.00
5,000.00
0.00
0.00
5,000.00
900.00
15,000.00
30,659.92
7,500.00
10,000.00
5,000.00
60,000.00
12,500.00
3,385.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00 47,500.00
0.00
0.00
0.00
0.00
0.00
300.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
37,500.00 0.00 **9,869.10 ** 10,000.00 **0.00 ** 351,312.18 149,944.92 0.00 47,500.00 300.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
14,697.00
0.00
1,124.90
0.00
0.00
5,064.00
50.00
0.00
0.00
809.00
1,092.00
577.00
0.00
0.00
17.20
800.00
410.00
0.00
0.00
23.35
1,028.00
21.00
2.76
1,500.00
0.00
0.00 0.00 0.00 0.00 0.00 14,697.00 6,238.90 2,186.00
1,519.20
2,575.11
0.00 190.95
**64,651.00 ** 26,463.80 **30,988.36 ** 19,556.43 **15,920.93 ** 388,278.75 193,460.96 9,623.30 55,634.02 7,495.51
2,266.23
565.20
302.50
567.56
1,423.23

1,260.00
e
2,880.00
798.08
7,249.94
0.00
0.00
0.00
0.00
981.66
46,064.68
1,976.08
539.77
35.00
980.59
3,348.08
1,959.93
1,950.00
719.56
11,135.54
0.00
0.00
0.00
0.00
2,589.48
1,155.61
521.52
323.16
619.65
1,410.00
2,210.28
550.00
638.30
1,832.17
0.00
0.00
0.00
0.00
213.49
3,323.00
519.52
503.14
369.28
1,283.11
344.73
950.00
637.65
7,268.98
0.00
0.00
0.00
0.00
0.00
-927.73
986.90
230.32
182.15
1,448.12
0.00
980.00
630.72
4,769.43
23,266.12
0.00
0.00
0.00
0.00
1,768.19
2,272.32
265.33
385.36
594.45
2,120.98
310.00
617.41
922.15
497,500.08
0.00
0.00
850.90
450.27
1,138.00
363.04
257.71
118.48
668.53
705.50
495.00
451.18
55.00
100,212.63
0.00
0.00
0.00
0.00
1,194.00
1,230.00
220.79
203.17
189.68
429.99
141.08
126.00
905.26
982.42
149.91
131.31
966.00
900.00
625.13
710.20
1,088.38
250.40
6,723.92
-360.00
0.00
0.00
0.00
10.48
84.00
0.00
0.00
17.00
1,241.39
191.04
200.59
109.67
1,033.11
554.38
855.00
645.84
983.50
360.00
21.00
0.00
0.00
0.00
**64,359.08 ** 25,234.03 **9,474.18 ** 15,199.41 **31,566.03 ** 508,057.44 **104,465.07 ** 12,288.15
4,630.97
6,195.52
291.92 1,229.77 21,514.18 4,357.02 -15,645.10 -119,778.69 **88,995.89 ** -2,664.85 51,003.05 1,299.99
0.00
40,394.04
0.00
0.00
0.00
0.00
40,102.12
0.00
0.00
0.00
0.00
38,681.40
190.95
0.00
0.00
0.00
17,167.22
190.95
0.00
0.00
0.00
0.00
12,810.20
28,495.30
190.95
150.95
0.00
0.00
0.00
0.00
142,012.26
1,412.68
5,000.00
0.00
0.00
0.00
58,959.87 61,634.56
469.18
354.51
0.00
260.00
0.00
-155.17
10,313.10
729.90
47.85
0.00
0.00
**40,394.04 ** 40,102.12 **38,872.35 ** 17,358.17 13,001.15
28,646.25
**148,424.94 ** 59,429.05 62,093.90 11,090.85
40,102.12
0.00
291.92
38,872.35
0.00
1,229.77
17,358.17
0.00
21,514.18
13,001.15
0.00
4,357.02
28,646.25 148,424.94
0.00
0.00
-15,645.10 -119,778.69
59,429.05
0.00
88,995.89
55,093.90
4,090.85
7,000.00
7,000.00
-2,664.85 51,003.05
2,790.86
7,000.00
1,299.99
**40,394.04 ** 40,102.12 **38,872.35 ** 17,358.17 13,001.15
28,646.25
**148,424.94 ** 59,429.05 62,093.90 11,090.85

Independent Examiner's Statement: I have completed my examination. I confirm that no material matters have come to my attention in onnection with the examination giving me cause to believe that in any material respect: l. Accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. The accounts do not accord with those records; or 3. The accounts do not tomply with the applicable requirements concerning the form and tontent of accounts set out in the Charities Accounts and Reports Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. 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 ordef to enable a proper understanding of the accounts to be reached. Signed Name: Alexandra How Willow Coner School Lane Chearsley Bucks HP18 OBT Relevant professlonal qualification of professional bodies lif any): ICAEW Date: 3"Jx 2oAifr.