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2021-12-31-accounts

FELSTED MEMORIAL HALL MINUTES OF THE AGM HELD ON 16th March 2022

Present: Hazel Fox Shirley Stone Dicky Howett
Bernie Saunders Margaret Howett Nikki Mead
Sheila Kill Neil Bromley (Auditor)

Apologies:

Minutes of the AGM 2021

Chairman’s Report

Treasurers Report

Bookings Secretary’s Report

Election of Committee

Website

Next committee meeting 20[th] April at 7pm

Chairmans Report AGM 2022.

It’s hard to believe a year has gone by since the last AGM. Though we have still been blighted by Covid restrictions, life has gradually returned to very near normal for the Memorial hall, with precautions in place of course.

All of our hirers have returned and we have seen an increase in bookings for parties and celebrations. Rehearsals for the 2022 Panto resumed in October. One of our new members remarked that it was nice to see a village hall used so well, he was under the impression that it stood empty most of the time!

As Margaret highlights in her report, continuous work has been done in the hall to maintain it and keep it in good condition. Richard, one of our committee members who had the responsibility for the light maintenance and fabric of the hall, has been very unwell this year, so we have had to call in tradesman and of course Bernie, who knows this hall like the back of his hand, has always been on hand to help. We wish Richard better health in the new year, we have missed you!

At the end of January this year, our dedicated caretaker/cleaner, Angela “retired” after 16 years of service to the hall. We give you our sincere thanks Angela and wish you well. We now have Becky to look after the hall and we welcome her with open arms!

During the recent gales, the doors at the back of the hall were blown off leaving a gaping hole! But thanks to Felsted School maintenance team, the gap was boarded up and made good until the doors and framework can be repaired. Thank you Simon Wooley, head of estates, and your wonderful team. As you all know, the Felsted Panto, “Cinderfella”, went ahead in the last weekend in January and first weekend in February. After 2 years of not being able to perform, we had record audiences and profit as well as being able to support 2 local charities. As I promised last year, they gave a spectacular performance!

Lastly, I would like to thank our committee, who have stepped up this year with all sorts of input from practical jobs to applying for “Covid” grants. Thank you to you all. Hazel Fox, Chairman of the Memorial hall committee.

Treasurers report for 2021.

2021 has been another unusual year, with coronavirus lockdowns and other restrictions. We started the year with £32,920 and carried £48,024 over to 2022. Income :

Covid grants from UDC in Jan, March & June totalled £16,621. Regular bookings were 30% lower than 2019, casual bookings were 52% lower than 2019, giving an overall drop of 35%. Interest and the value of investments were about flat.

Expenditure :

Excluding the capital costs our expenditure was 9% higher than 2019, this included sorting out the front door lock mechanism, plumbing problems in the Gents, and boiler and radiator repairs.

Wages, cleaning supplies, admin, repairs, rates, admin, gas and electricity costs were all lower than in 2019. The water rates are too high but the meter was read recently so we expect a reduction in 2022. Capital expenditure was much less than in the last 2 years but included renewing the outside and Hauxwell Room lights; a new kitchen flooring and decoration in the main hall.

In 2021 we changed Gas supplier from CNG to HUB who abruptly ceased trading and we were transferred on to EON Next. Coincidentally we changed Electricity supplier in 2021 from Npower to Eon Next.

Debtors at year end included Ladies Who, now paid, and Splat Messy Play who we are chasing via the Small Claims Court.

Thanks to our auditor Neil Bromley for turning round the accounts so quickly.

Bookings in 2021

January, February, March and up to the 12[th] April we were in Lockdown. Sirius x 29 Ballet x 26 Brownie’s x 25 Band x 26 Tai Chi x 32 Baby Club x 5 Messy Play x 16 Choir x 14 Friendship Club x 7 Keep Fit x 29 Hundred mile run x 4 Felsted School x 10 Panto x 27 Party’s x 12 Stretch x 15 Book club x 5 WI x 4 Wool waffle x 2 Other x 3

FELSTED MEMORIAL HALL

Felsted Memorial Hall

Accounts

Year ending 31.12.2017

FELSTED MEMORIAL HALL

Balance Sheet as at 31st December 2017

FUNDS
Balance brought forward 1st January
Excess Expenditure
Surplus Income
Total Fund as at 31st December
CURRENT ASSETS
Petty Cash
Bank (£18k is contingency)
Debtors - Interest
- bookings
Prepayments - Rates / Insurance
Prepayments - Bars4Events
Prepayments - Pantomime
Stock - Bar
- Cleaning Materials
Investments at Market Value
Sub-Total Current Assets
CURRENT LIABILITIES
Accruals - Water Rates
- Electricity
- Gas
Creditors - Wages & Cleaning
Sub-Total Current Liabilities
NET ASSETS
2017
£
45,502
-1,145
44,357
6
42,394
108
0
573
0
759
0
272
590
44,703
0
98
248
0
345
44,357
0
2016
£
42,024
3,478
45,502
0
43,745
108
0
556
0
547
0
229
553
45,738
21
68
147
0
236
45,502
0

FELSTED MEMORIAL HALL

Income & Expenditure for the year ending 31st Decembe

INCOME
Regular Bookings
Casual Bookings
Total Bookings
Fund raising
Electricity meter
Grants & Donations Received
Dividends/ Interest
Bar Income
Revaluation of Investments
Total Income
EXPENDITURE
Insurance
Wages
Cleaning/ Maintenance
Administration/ Stationery/ Postage
Health & Safety
Gas
Electricity
General Rates
Water Rates
Renewals/ Repairs
Licences & Subscriptions
Capital Expenditure
Donations
Total Expenditure
Excess Expenditure
Surplus Income
Total
2017
£
10,329
2,410
12,739
0
6
3,068
199
0
37
16,049
934
4,225
286
218
694
1,158
512
387
358
2,954
395
5,048
25
17,193
-1,145
16,049
2016
£
18,515
3,865
22,380
0
38
1,156
180
0
45
23,799
834
4,247
822
284
448
1,066
472
397
73
346
374
10,959
0
20,321
3,478
23,799

FELSTED MEMORIAL HALL

Bar Trading Account for the year ending 31st December

Bars 4hire
Sales
Opening Stock
Purchases
Temp. Bar Staf
Less, Closing Stock
Bar Trading Proft
NOTES TO THE ACCOUNTS:
We hold no bar stock.
Investments are valued in the Balance Sheet
36 M&G Charifund Units @ 1639.42 per 100
Note War Loan was redeemed in 2015
2017
2016
£
£
0
0
0
0
0
0
0
0
at market value as follows-
590
28.12.
590

Accounting Policies

These Financial statements have been prepared in line with applicable accounting standards and the charities SORP 2005. The financial statements have been prepared under the historical cost convention except for the valuation of investment assets which are shown at market value.

I certify these accounts are a true and fair view on the Memorial Hall Accounts for 201

FELSTED MEMORIAL HALL

FELSTED MEMORIAL HALL

2015 # £ £ 29,225 12,799 42,024

0 40,646 93 0 476 70 96 0 220 508 42,109

8 77 0 85 42,024 0

FELSTED MEMORIAL HALL

r 2017

2015 # £ £ 20,552 4,160 24,712 0 1,553 209 65 -10 26,529

1,580 5,162 2,110 371 132 1,612 576 392 349 1,098 325 0 25 13,730 12,799 26,529

FELSTED MEMORIAL HALL 2017 2015 £1639.42

FELSTED MEMORIAL HALL

Felsted Memorial Hall

Accounts

Year ending 31.12.2021

FELSTED MEMORIAL HALL

Balance Sheet as at 31st December Balance Sheet as at 31st December 2021
2021 2020
£
FUNDS
Balance brought forward 1st January 32,342 50,144
Excess Expenditure -17,802
Surplus Income 16,176
Total Fund as at 31st December 48,518 32,342
CURRENT ASSETS
Petty Cash 0 0
Bank (£18k is contingency) 48,025 32,921
Debtors - Interest 0 122
- Ladies Who 28 0
- Messy Splat Play 252
Prepayments - Rates / Insurance 506 496
Prepayments - Pantomime 20 0
Stock - Bar 0 0
- Cleaning Materials 109 277
Investments at Market Value 560 502
Sub-Total Current Assets 49,500 34,318
CURRENT LIABILITIES
Accruals - Water Rates 0 0
- Electricity 170 36
- Gas 383 112
- Entertainment License 0 70
- Pantomime 2022 429
Creditors - Architects 0 0
- Meredith Builder 0 990
- Eco Electrical Group 0 768
Sub-Total Current Liabilities 982 1,976
NET ASSETS 48,518 32,342
0.07 -0.16

FELSTED MEMORIAL HALL

Income & Expenditure for the year ending 31st December

INCOME
Regular Bookings
Casual Bookings
Total Bookings
Panto Donation
Electricity meter
Grants & Donations Received
Dividends/ Interest
Revaluation of Investments
Total Income
EXPENDITURE
Insurance
Wages
Cleaning/ Maintenance
Administration/ Stationery/ Postage
Health & Safety
Gas
Electricity
General Rates
Water Rates
Renewals/ Repairs
Licences & Subscriptions
Capital Expenditure
Donations
Total Expenditure
Excess Expenditure
Surplus Income
Total
2021
£
10,042
2,177
12,219
0
0
16,621
43
58
28,940
1,002
3,115
1,170
285
126
858
562
105
403
3,154
268
1,715
0
12,764
16,176
28,940
2020
£
7,367
235
7,602
2,169
11,834
202
-101
21,706
998
3,021
759
269
354
851
485
101
450
163
442
31,615
0
39,508
-17,802
21,706

FELSTED MEMORIAL HALL

NOTES TO THE ACCOUNTS:

We hold no bar stock.

Investments are valued in the Balance Sheet at market value as follows-

36 M&G Charifund Units @ 1556.20 per 100

= £560

Accounting Policies

These Financial statements have been prepared in line with applicable accounting standards and the charities SORP 2005. The financial statements have been prepared under the historical cost convention except for the valuation of investment assets which are shown at market value.

FELSTED MEMORIAL HALL

FELSTED MEMORIAL HALL

2019 # £ 48,176

1,968 50,144

0 48,484 119 420 602 67 0 130 603

50,426

0 61 221

0

282

50,144

0

FELSTED MEMORIAL HALL

r 2021

2019 # £

14,316 4,558 18,873 64 78 337 90 19,442

989 4,188 1,241 429 132 1,256 509 401 109 593 246 7,382 0 17,474 1,968 19,442

FELSTED MEMORIAL HALL

Felsted Memorial Ha

Accounts

Year ending 31.12.20

Accounting Policies

These Financial statements have been prepared in line with applicable accounting standards and the charities SORP 2005. The financial statements have been prepared under the historical cost convention except for the valuation of investment assets which are shown at market value.

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