Abington Village Institute
Chairman’s report April 2021
The year to March 2021 was a year like no other. As a result of the COVID 19 pandemic the Institute had to close down all of its normal operations and activities. For the first five months the only activities which went on were prescriptions and food bank. The distribution of NHS prescriptions, three days a week, was started to relieve the village shop who were under extreme pressure. A temporary food bank was also set up to support those who were struggling under the difficult circumstances. These activities were provided free of charge to the community but fortunately the Institute Committee were able to apply to South Cambridgeshire District Council for Business Support Grants.
In September we were able to allow a few activities to begin. The village primary school began using the Main Hall for PE sessions in order to free up space in the school next door. Music lessons began and both yoga and art groups were also able to begin tentatively. This minimal level of activity continued through to mid-December when the second lockdown began, and all activities ceased through to mid-March, when school and music lessons were able to get going again.
Whilst there were some savings due to the lack of users, the building still had to be kept warm and clean so that it remained in good order. Expenditure was reduced but income dropped to almost zero. The grants provided by South Cambridgeshire District Council allowed the Institute to remain financially viable and able to look to the future with optimism.
Bernie Talbot – Institute Chairman
Great Abington Village Institute
Financial Statements For Year Ended 31 March 2021
| Income and Expenses Statement Income Hall Hire Café Abington Lunch Film Night Walking Group Electricity Refund/Solar Bank Interest Other Total Income Expenses Café Abington Lunch Film Night Utilities Cleaning & Cleaners Rubbish Collection Maintenance Licence BT Car Park Rent Subscriptions & Training Sundries Depreciation - Furniture & Fittings Total Expenses Surplus Income Over Expenditure New & Replacement Equipment Profit/(Loss) For The Year Balance Sheet Reserves Reserves B/Fwd Profit/(Loss) For The Year Reserves C/Fwd Represented by: Furniture & Fittings - Chairs Door Blinds Curtain Accumulative Deprn - Chairs Door Blinds Curtain Lloyds Bank Current Account Cambs BS Cash in Hand Cash Floats Debtors - Unpaid Hall Hire Invoices Prepaid Expenses (Oil) Creditors - Prepaid Hall Hire Invoices Solar Income |
Year Ended 31.03.2021 £ 1,400 22 - 51 - 780 177 23,265 25,695 - 12 - - 3,434 3,054 - 4,451 - 630 1,001 458 345 455 13,815 11,879 - 11,879 41,533 11,879 53,412 1,087 1,700 1,071 - 129 - 200 - 126 16,128 33,588 - 300 234 - - 240 - 53,412 |
Year Ended 31.03.2020 £ 13,713 4,339 1,801 1,030 62 405 277 283 |
|---|---|---|
| 21,911 | ||
| 2,344 1,365 482 5,343 4,641 320 15,763 745 525 1,001 100 463 455 |
||
| 33,546 | ||
| - 11,635 - 146 |
||
| - 11,781 | ||
| 53,314 - 11,781 |
||
| 41,533 | ||
| 1,216 1,900 1,197 - 129 - 200 - 126 2,018 33,410 - 300 1,947 - - - |
||
| 41,533 |
£333 ceiVed from LAPC as tiling contribution. Note 2: John Start- Deckin& Joists, Wall Plates & Hangers Williams Charles Tiltng Main Costs Total 1.230 1.776 Note 3.. Profit for thè year £11,978 due to c[ 19 grant rece"Ned. If no grant rece)ved, we made a loss of £10.929 Ivs. loss £11,781 in prioryearl. Note 4.. Covid 19grarttfuftd f1ved also boosted our cash position