High Ongar Village Hall
Accounts 202412025

Summary
These accounts have been produced using ttie bank state-_
-￿ and where available thè
supporting invoices. Best guess has b8en used where a-
is missing but the
bank statements details are quite SLrffiuent. Systems hak'e w. implemented for
better record keeping going forward.
Th8 High Ongar Willage Hall has 2 bank accounts. The ba￿ce as at 31 March 2024 vms
overstated for th8 premium account because interest poy. rta.- end was accounted for
in error.
The 2025 balance of the 2 bank accounts is £64.460.57 ccrpared wth £71,944.18 last year.
Actual room hire income has increased in 2025 £27,784 xpared wrth £20,815 the prior
year.
Oth8r in¢ome comprises of Parish Council Incomelother c￿n￿l incomel bank interest.
e account summary shovts more depostts going out t-3-, Deing received but this is
,aSt more likley down to poor record keeping. Some of L* rcom hire could be deposit$.
The main increase in 8xpenditure is maintenance. The ghts for the bullding were
replaced at a subslantial cost circa £8,500, the patio was deaned and ￿paIred, the fence
was repaired, the picnic benches were replaced. High;_ et repairs costs in the year.
These figures include 2 lots of heating seryice renewal so rt must have paid late year and
not included in the figures
The hall has run at a loss for the last 2 years
Oplnlon
It is my opinion that the￿ should be a balance sheet'.J accounts for the assets of the
Village Hall but this would be incredibly difficult to preare retrosFethvely. By only having
and income and expenditure account some assets are wrstten off in 1 year but adually
have a life past 1 year. For example the £1000 spen+ on picnic benches is not really
cost for one year, they should last say 4 years. Sowe assessment and policies are
•id in the year but actuallt cover a Feriod of time pcgk the year end.
Overall everything I have seen shows that the accounts are a true and fair
repraséntation of the income and outgoings of the Village Hall
Perhaps committee minutes should be kept in resm of the high value ￿paIrS
These accounts should be presented to the commttee and once approved can be
lodged with the Charities Commission
Stephanie Phillips

ar Vill
è Hall 2024120
Income & Expendtture Account
3110312C25
3110312024
Incom•
Room Hire
Parish Council
Other
Bank Interest
27,784.54
1,669.00
20,815.50
1.048.73
398.69
1.047.26
Deposits In
Deposits Out
30,6L 23
5,643.00
6,003.00
22,911.49
6,300.00
6,577.00
-277.00
22.634.49
Expenditure
Compuler
Insurance
Cleaning
Maintenance
Telèphone
Rates
Gas & Electric
Water
Palandin Hire
Misc
Cleaner
Garden Mainlenance
59.99
1,740.69
1,596.39
17.696.55
889.74
209.58
4,264.63
564.73
662.20
1,110.71
8.950.00
228.63
59.99
1,657.35
270.00
6.944.72
654.00
215.04
4,213.08
517.44
633.60
2,424.50
7.303.00
0.00
37.773 84
24 892.70
Loss - for th• y•ar
-7.483.61
-2,268.21

ar Villa
eHal
Bank Balances as at 31 March 2025
Opening Balanc& 0110412024
Community Account
Business Premium Account
469262
60042587
.528.10
$4.416.08
20
Community Account
Premium Account
35896.54
396.69
36293.23
ndit
re20
41202
Community Account
Premium Account
43,776.84
43.776.84
mov•m•nt 202412026
-7,483.61
Bank Balance 3110312025
Community Account
Business Premium Account
469282
60042587
9,847.80
54,812.77
64,460.57