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2024-09-30-accounts

Charity Number 301762

Minutes of Annual General Meeting 2025 held at Southbourne Village Hall on 1 Mar 25 at 1030

Attendees –David Roy, Joyce Roy, David Barnes, Justin Wilkins, Ian Le Poidevin, Pam Dobson

Apologies – Nil

Members of Public – Ruth Heelan, Kathryn Gibbs, Jacqui Burden (Dog Rally)

  1. Introduction. David Roy welcomed all to the AGM and the Trustees introduced themselves and their role. The minutes of the previous AGM were accepted. David provided a summary of the years activity, which included a significant change with the departure of Robert and Karen Hayes. This lead to an increase in staff which David Roy thanked for all their support. There have been 3 very successful fairs, which raised significant funds for the hall, mainly due to the kind support of sponsors. The 3 fairs for 2025 are already sold out. There was a D-Day Concert which was successful, however did require significant organising from the Trustees. There are now 32 regular users of the hall, with a net increase after a loss of 2 regular groups over the year.

  2. Reappointment of Trustees . David Roy asked if all trustees wished to be reappointed for another year, all agreed.

  3. Maintenance Report. Ian Le Poidevin thanked the Chair, David Roy, for his leadership and support in the maintenance.. The aim of the maintenance has been to ensure that the hall is safe and sustainable. The Consumer Unit has been replaced and updated to support the heating, however there continues to be work planned to rectify a couple of heaters that still trip the system to ensure that they operate safely in the future. A new electronic lock has been fitted which is well received by all users. Lights have been updated with electronic control and oversight. Keys have been rationalised and are now in the secure cupboard. Also the potholes on the approach to the hall have been repaired.

  4. Treasurers Report. Justin Wilkins delivered the treasurers report, which indicated that income had been approximately £40k, with £30k of expenditure leaving a surplus of £9k. The main income had been from hire, with the main expenditure being electricity, insurance, staff wages and maintenance.

  5. Future Actions. Utilising the surplus the Chair, David Roy explained what the plan for the next year was to be, which was to investigate solar panels, painting of the hall, and professional cleaning of the floor as regular action.

  6. Questions. No questions were raised from the public, however they public wanted to thank the Trustees for the running of the hall.

Meeting Closed 1100

SOUTHBOURNE VILLAGE HALL

Registered Charity No.301762

RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

Incoming Resources
Hiring Charges for premises & equipment 30753.00
Grants & Donations 4739.44
Fund Raising Events 3383.15
Miscellaneous Income 964.00
Bank Interest 401.21
40240.80
Resouces Expended
Premises Expenses -2693.18
Repairs & Renewals -7499.00
Lighting & Heating -1263.92
Cleaning -126.36
Fund Raising Costs -1986.77
Staff Costs -11558.06
Insurance -787.14
Licences & Subscriptions -679.82
Printing, Stationary & Postage -115.80
Telephone & Comms -990.70
Office Equipment Hire & Maintenance -516.60
Other Expenses -2122.98
Miscellaneous Posting Account -9.60
-30349.93
Net Profit/(Loss): 9890.87

SOUTHBOURNE VILLAGE HALL

Registered Charity No.301762

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

1 Basis of preparation

The accounts have been prepared on accrual accounting basis.

2. Statement of assets and liabilities at 30 September 2024

Cash funds
Cash and bank balances held by Lloyds
Other monetary assets
Amounts due from hire of premises and equipment
Liabilities
Creditors
£32,774.16
£2,261.70
£0