Datchworth Village Hall Management Committee Year End Accounts 1st Jan to 31st Dec 2024 Summary The accounts have been independently reviewed. Full details of Income & Expenditure are attached and a brief summary appears below. The end of year financial statement shows income for the year of £126,138.50 and expenditure of £136,710.65 resulting in a deficit of £10,572.15. Closing bank balances total £39,035.46 as of 31st Dec 2024. Debtors totalled £2932.48 and creditors & returnable deposits were £3091.28 and £845.20 respectively. Inc Income from hall hire is up by almost £9800 due to an increase in bookings and the annual rate rise. Grants totalling £25,419 were received including sums from The National Lottery, the Bernard Sunley Foundation and the Garfield Weston Foundation to be used specifically for the resurfacing of the car park. Donations totalling £24,906 were received from Datchworth Village Fete, Datchworth Parish Magazine and many generous members of the local community. We were able to claim the sum of £5000 in Gift Aid in respect of personal donations we received. Expenditure Fundraising costs totalled £3266 including entertainment and bar supplies. The income received from events including Comedy Bingo, Abba Sensation, a Barn Dance and the Quiz Night totalled £9155, making a net profit of £5889. To simplify our accounts record keeping going forwards, the decision was made to convert to cash accounting with effect from I, January 2025. To facilitate this, the sum of £88,142 has been deducted from this year's accounts in respect of the depreciation of capital items, the cost of which would normally have been spread over 10 or 20 years. This includes the resurfacing of the car park, replacement windows & doors, new flooring, replacing the flat roof and the installation of the new heating system. Going forwards, all expenditure will be deducted at the time it occurs, providing a more accurate picture of the Village Hall's current financial position. Louisa Edwards Treas rer 19, May 2025
Datchworth Village Hall Statement of Receipts and Payments for the Year Ended 31st December 2024 12 months to 31.12.24 12 months to 31.12.23 12 months to 31.12.22 Income 126,138.50 48,874.76 35,558.87 enditure 136,710.65 54,318.37 34,999.29 Excess (Deficit) of Income over Expenditure for the Period (10,572.15) (5,443.61) 559.58 Excess(Deficit) for the period Add b/fiNd at Bank (10,572.15) 48,603.61 (5,443.61) 54,047.22 559.58 53,487.64 Balance 38,031.46 48,603.61 54,047.22 Represented By: Current Accounts Deposit Accounts Less: o/s cheques Plus: ols income Reconciled with Bank Statements Ca ital ex enditure Less: ols creditors Plus: o/s debtors Less: Returnable deposits 5,100.71 33,934.75 0.00 0.00 39,035.46 0.00 3,091.28 2,932.48 845.20) 5,024.98 25,767.23 0.00 0.00 30,792.21 17,880.17 2,861.06) 3,206.59 (414.30) 11,132.53 12,081.00 0.00 0.00 23,213.53 32,795.32 2,950.03 1,552.30 563.90 Balance 38,031.46 0.00 48,603.61 54,047.22 0.00 Treasurer: Chairman: Date: Date: TO THE COMMITTEE OF DATCHWORTH VILLAGE HALL: I have independently overviewed the above statement of Receipts and Payments for the period ended 31.12.24 and the funds statement at that date, and confirm that they are in conformity with the books and records maintained on a receipts and payments basis by the Committee. Independent Examiner: Date:
DATCHWORTH VILLAGE HALL INCOME AND EXPENDITURE 1st January to 31st December 2024 Income Hall Hire osits 2024 43,559.92 2023 33,764.12 150.00 2022 26,178.30 Donations Gift Aid reclaimed Fund-raisin Grants Bernard Sunle Miscellaneous Bank interest, rechar 24,905.66 5,037.81 9,154.59 25,419.00 8,214.41 0.00 4,298.50 1,670.00 5,505.00 0.00 500.00 3,226.00 Parish National Lotte & Garfield Weston e of utilities, etc. 18,061.52 777.73 149.57 Total Income Jan - Dec 126,138.50 48,874.76 35,558.87 Expenditure Cost of Fund-raisin events 3,266.05 1,978.96 0.00 Contractors Utilities Returned de Re airs & Cleanin 16,948.41 8,757.01 19,431.80 5,041.47 18,517.50 4,120.36 osits aintenance Materials 12,712.67 1,791.96 7,002.01 1,382.43 7,727.03 1,207.60 Insurance Post, statione & other admin costs Misc PRS Music Licence, etc Bad debts written off 2,303.47 944.88 1,844.01 0.00 1,923.69 1,539.98 274.72 55.00 1,586.41 1,278.17 524.72 37.50 De reciation of Ca ital Items 88,142.19 15,688.31 0.00 Total Expenditure Jan- Dec 136,710.65 54,318.37 34,999.29 Balance of Income over Ex enditure to date Plus Brou ht Forward Bank Total Funds 10,572.15 48,603.61 38,031.46 5,443.61 54,047.22 48,603.61 559.58 53,487.64 54,047.22 Supported by: Bank Current accounts osit Accounts ital Ex enditure less o/s creditors lus ols debtors 5,100.71 33,934.75 0.00 3,091.28 2,932.48 38,876.66 845.20 38,031.46 0.00 5,024.98 25,767.23 17,880.17 2,861.06 3,206.59 49,017.91 414.30 48,603.61 0.00 11.132.53 12,081.00 32,795.32 2,950.03 1,552.30 54,611.12 563.90 54,047.22 0.00 accumulative Less Liability of Outstanding Deposits TOTAL FUNDS AVAILABLE Cash at bank 39,035.46 30,792.21 23,213.53