## 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 f￿1ved also boosted our cash position