## **Haddenham Village Hall Social Centre Chair’s report 2021-2022**
We have seen the Hall come to life again this year, with bookings gradually coming back after Covid restrictions lifted. The hall has been well used and the work which was carried out in the previous year to update the heating systems, electrical work and décor has been enjoyed by users. We continued to make improvements towards decarbonisation and accessibility this year. Our web and social media presence, alongside the online booking systems have come into their own post covid and are helping to increase bookings.
The Management Committee had a very busy year, bringing their many and varied skills together to make sure the Hall was ready for a future without restrictions, and ensuring that the Hall is a welcoming and accessible place.
In June 2022, Margaret Aston sadly passed away. Margaret was the Chair and active member of the Village Hall committee and wider community for many years and the Committee thanks her for her commitment and work.
On behalf of the Committee, I am pleased to provide the attached financial report for the year 2021-2022
Beth Knighton, Chair
## **Haddenham Village Hall**
## **Annual Report and Financial Statements**
## **Statement of Financial Activities**
## **For the year ended 31 March 2022**
|Notes
**Unrestricted**
**Funds**
£
**Income**
Donatons and grants
2
13,405
Charitable actvites
3
38,235
Bank interest receivable
9
51,649
**Expenditure**
Charitable actvites
4
29,894
29,894
**21,754**
**Reconciliaton of funds:**
Total funds brought forward
9
294,818
Total funds carried forward
**316,572**
**Net income/(expenditure for the year**|Notes
**Unrestricted**
**Funds**
£
**Income**
Donatons and grants
2
13,405
Charitable actvites
3
38,235
Bank interest receivable
9
51,649
**Expenditure**
Charitable actvites
4
29,894
29,894
**21,754**
**Reconciliaton of funds:**
Total funds brought forward
9
294,818
Total funds carried forward
**316,572**
**Net income/(expenditure for the year**|**Restricted**
**Funds**
£
0
0
0|**Total**
**2022**
**Total**
**2021**
**£**
£
**13,405**
27,601
**38,235**
14,243
**9**
35
**51,649**
41,879
29,942
51,153
**29,942**
51,153
**21,706**
(9,274)
**298,604**
307,878
**320,310**
298,604|
|---|---|---|---|
||51,649|0||
|||48||
||29,894|48||
|||**(48)**
3,786||
||**316,572**|**3,738**||
## **Haddenham Village Hall**
## **Annual Report and Financial Statements**
## **Balance Sheet as at 31 March 2022**
|Notes
**Unrestricted**
**Funds**
£
**Fixed assets:**
Tangible assets
5
217,779
217,779
**Curent assets:**
Debtors
6
6,501
Cash at bank and in hand
7
94,267
100,768
**Liabilites:**
Creditors: amounts falling due
within one year
8
1,975
**Net current assets**
**98,793**
**Total net assets**
**316,572**
**Represented by:**
Reserves - unrestricted
9
43,902
The Feast - restricted
9
0
Capital account
9
272,670
Total funds carried forward
**316,572**|Notes
**Unrestricted**
**Funds**
£
**Fixed assets:**
Tangible assets
5
217,779
217,779
**Curent assets:**
Debtors
6
6,501
Cash at bank and in hand
7
94,267
100,768
**Liabilites:**
Creditors: amounts falling due
within one year
8
1,975
**Net current assets**
**98,793**
**Total net assets**
**316,572**
**Represented by:**
Reserves - unrestricted
9
43,902
The Feast - restricted
9
0
Capital account
9
272,670
Total funds carried forward
**316,572**|**Restricted**
**Funds**
£
0|**Total**
**2022**
**Total**
**2021**
**£**
£
**217,779**
208,988
**217,779**
208,988
6,501
367
98,006
89,249
**104,507**
89,616
**1,975**
0
**102,531**
89,616
**320,310**
298,604
**43,902**
22,148
**3,738**
3,786
**272,670**
272,670
**320,310**
298,604|
|---|---|---|---|
||217,779|0||
|||0
3,738||
||100,768|3,738||
|||0||
||**98,793**|**3,738**||
|||||
||**316,572**|**3,738**||
|||0
3,738
0||
||**316,572**|**3,738**||
Approved by the Trustees on _[insert date]_ and signed on their behalf by:
[insert name ond position]
## **Haddenham Village Hall**
## **Notes to the accounts for the year ended 31 March 2022**
## **1. Accounting Policies**
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year.
## **a) Basis of Preparation**
The financial statements have been prepared under the historical cost convention in accordance with applicable accounting standards and the Statement of Recommended Practice (SORP): Accounting and Reporting by Charities, issued in March 2005.
## **b) Fund Accounting**
**Unrestricted Funds** comprise accumulated surpluses and deficits on general funds that are available for use at the discretion of the Trustees in furtherance of the Charity’s objects and that have not been designated for other purposes **.**
**Restricted Funds** are funds subject to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
## **c) Incoming Resources**
## **Recognition of Incoming Resources**
These are included in the Statement of Financial Activities (SOFA) when:
- the charity becomes entitled to the resources;
- the trustees are virtually certain they will receive the resources; and
- the monetary value can be measured with sufficient reliability.
## **d) Resources Expended**
## **Recognition of Expenditure and Liabilities**
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Expenditure is recognised on an accruals basis as a liability is incurred.
## **Costs of Charitable Activities**
These comprise those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. They include both costs that can be directly allocated to the charity’s activities and costs of an indirect nature necessary to support these activities **.**
## **e) Volunteer Help**
The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report, where material.
## **Haddenham Village Hall**
## **Notes to the accounts for the year ended 31 March 2022**
## **f) Fixed Assets**
## **Tangible Fixed Assets for charity’s own use**
These are capitalised if they can be used for more than one year, and cost at least £500. They are valued at cost or, if gifted, at the value to the charity on receipt.
A fixed asset acquired fully or partly from a restricted grant is included at its full cost of acquisition without netting off the grant proceeds and the grant reported as an incoming resource. Where the use of the asset such acquired is not restricted by the grantor, an amount equal to the grant is transferred into a designated fund to be written off over the useful life of the asset in accordance with the recommendations of SORP 2005, paragraph 111.
## **g) Depreciation**
Freehold Land & Buildings are not depreciated in view of their high level of maintenance. Other Tangible Fixed Assets are depreciated so as to write off their cost less any estimated residual value over their useful lives at the following rates:
Freehold property Not depreciated Furniture and fittings 15% reducing balance Other equipment Straight line over 5 years
## **Haddenham Village Hall**
## **Notes to the accounts for the year ended 31 March 2022**
|**2**
**Income from grants and donatons**
Grant from Buckinghamshire County
Council - Covid 19 Support
General donatons|**Unrestricted**
£
12,000
1,405|**Restricted**
£
0
0|**2022**
**2021**
**£**
**£**
**12,000**
27,601
**1,405**
0
**13,405**
27,601|
|---|---|---|---|
||13,405|0||
|||||
|**3**
**Income from charitable actvites**
Parish Council rent
Parish Council energy and water
Letngs|**Unrestricted**
£
1,900
2,422
33,914|**Restricted**
£
0
0
0|**2,022**
**2021**
**£**
**£**
**1,900**
3,800
**2,422**
0
**33,914**
10,443
**38,235**
14,243|
|---|---|---|---|
||38,235|0||
**Notes to the accounts for the year ended 31 March 2022**
## **Haddenham Village Hall**
## **4 Expenditure on charitable activites**
|**Direct costs**
Administrator fees - bookings
Heat and light
Water and Sewerage
Ground Rent
Refuse collecton
Repairs and Maintenance
Cleaning and caretaking
Feast
**Support costs**
Administrator fees - management
Accountantancy fees*
Insurance
Legal fees**
Phone and Broadband
Subsriptons and licences
Depreciaton
Admin expenses
**Total expenditure on charitable**
**actvites**|**Unrestricted**
£
3,567
5,011
165
489
320
7,657
4,511
0|**Restricted**
£
0
0
0
0
0
0
0
48|**2,022**
**2021**
**£**
**£**
**3,567**
1,688
**5,011**
6,160
**165**
235
**489**
569
**320**
274
**7,657**
34,908
**4,511**
2,070
**48**
0
**21,767**
45,905
**2,022**
**2021**
**£**
**£**
**3,567**
1,688
**900**
300
**1,050**
1,027
**707**
1,302
**406**
599
**397**
60
**1,024**
0
**126**
273
**8,175**
5,249
**29,942**
51,153|
|---|---|---|---|
||21,719|48||
||**Unrestricted**
£
3,567
900
1,050
707
406
397
1,024
126|**Restricted**
£
0
0
0
0
0
0
0
0||
||8,175|0||
|||||
||**29,894**|**48**||
*Accountancy fees in the year relate to both current year-end and prior year accounting **Legal fees in relation to advice on the constitution of the entity
## **Haddenham Village Hall**
## **Notes to the accounts for the year ended 31 March 2022**
|**5 Fixed Assets**
**Cost**
Balance at 1 April 2021
Additons
Balance at 31 March 2022
**Depreciaton**
Balance at 1 April 2021
Depreciaton in the year
Balance at 31 March 2022
**Net Book Value**
At 31 March 2022
At 31 March 2021
**Cost**
Balance at 1 April 2021
Additons
Balance at 31 March 2022
**Depreciaton**
Balance at 1 April 2021
Depreciaton in the year
Balance at 31 March 2022
**Net Book Value**
At 31 March 2022
At 31 March 2021|**Original**
**village hall at**
**cost**
**Walter Rose**
**room at cost**
**1983**
**Extension at**
**cost**
8,565
22,848
100,004
-
-
-
8,565
22,848
100,004
-
-
-
-
-
-
-
-
-
8,565
22,848
100,004
8,565
22,848
100,004
**Mabel**
**Parkinson**
**room at cost**
**Boiler House**
**extension at**
**cost**
**Furniture**
**and**
**Equipment at**
**cost**
**Totals**
63,733
8,990
13,463
217,603
-
-
9,815
9,815|
|---|---|
||63,733
8,990
23,278
227,418|
||-
-
8,615
8,615
-
-
1,024
1,024|
||-
-
9,639
9,639|
|||
||63,733
8,990
13,639
217,779|
|||
||63,733
8,990
4,848
208,988|
|||
## **Haddenham Village Hall**
## **Notes to the accounts for the year ended 31 March 2022**
|**6**
**Debtors**
Trade debtors - letngs|**Unrestricted**
£
6,501|**Restricted**
£
0|**2022**
**2021**
**£**
**£**
**6,501**
367
**6,501**
367|
|---|---|---|---|
||6,501|0||
|||||
|||||
|**7**
**Cash at bank and in hand**
Bank current account and cash
Bank deposit account|**Unrestricted**
£
8,920
85,347|**Restricted**
£
3,738
0|**2,022**
**2021**
**£**
**£**
**12,659**
3,911
**85,347**
85,338
**98,006**
89,249|
||94,267|3,738||
## **8 Creditors: amounts falling due within one year**
|Accruals
Other creditors|**Unrestricted**
£
1,484
491|**Restricted**
£
0
0|**2,022**
**2021**
**£**
**£**
**1,484**
0
**491**
0
**1,975**
0|
|---|---|---|---|
||1,975|0||
## **9 Movement in funds**
|**Movement in funds**||||
|---|---|---|---|
|**Unrestricted funds**
Reserves
Capital account
**Restricted funds**
The Feast
Total funds|**At 1 April**
**2021**
£
22,148
272,670|**Income and**
**gains**
£
51,649
0|**Expenditure**
**and losses**
**At 31 March**
**2022**
£
**£**
(29,894)
**43,902**
0
**272,670**
(29,894)
**316,572**
(48)
**3,738**
(48)
**3,738**
**(29,942)**
**320,310**|
||294,818|51,649||
||3,786|0||
||3,786|0||
|||||
||**298,604**|**51,649**||