SMHT- 2023 Chair Review
Overview
A successful year, hall users, hirer5, attendances to funrtions, discounts to other charities
maintained and a successful May fayre. Capital work, we installed Solar Batteries in
February and started the hall expansion in July with a completion target in the summer of
2024. The project is signlficant, almost doubling the existing hire space, without increasing
footprint. The expansion project will temporarily wipe out all of our reserves and will need
to have a small loan to complete the fit out.
Financial
Trading income - Trading costs Tradlng Surplus
96,514
53.050
43,464
Cosh in Bank
31" Dec 22 = £242k
31" Dec 23 = £204
Copital Spend
£k
20
Solar batteries
Legal fees on project
Paid out to project builder 127
Total 154

Regular activities
Occupancy rate, over 90%
Events in the hall
We ran all our regular events to support the community, muslc, cinema etc. The largest
event was Uncle Funk raising < £5k and planned again in 2024
May Fayre
The May fayre was very successful. we are planning to continue the event for 2024, this is
an ad hoc arrangement reviewed each year. It is an event that we do not raise money for
ourselves it is purely for the benefit of other charities and associations and the residents in
the town.
Future
Complete expansion, consolidate our financial p051tion by buildin8 back our reserves.
Expanding room hiring and build on community services.

Extenslon Project
A substantial increase In Sawbridgeworth Community Facilities
What wlll we get
100% increase in hire space of 200sqm,
3 rooms, inc tech centre
Access - Ability lift and two new stalrcases
Heat pumps l air con units
14.5 Kw Solar panels
Costs
£400k Build
£50k Fit out cost
How is it beingfundedP
Grants
Queens jubilee fund £72k
East Herts levelling up fund £45k
Stansted Airport £5K
Total £122k
Reserves
£298k, some assumed from operating surplus of 2024.
Loan
£30k
Project Time line
Phase I, Opens Sept 12024
Phase 2 Opens Nov 2024

CIIARITY NllIMIIF.R:
30?4(15
SAIWBRIDGEWORTH MEMOIIIAL HALL TRUST
FIN'ANCIAL STATF.Mf.YTS
FOR THE YF.AII ENI)EI) 31 DECEMIIER 2023
DONC,WORTFI LTD
CIIARTEiif.D ACcOU￿'TANTs
LOWLAN'I)S
3 SOL.TFIBIIOOK
.SAIVBRJDGEIIIOIITH
HERTfoRDSHIIIE
CN121 9NS

ACCOUNTANT'S IIF.PORT
HAIRMAN
ON THE ACCOUNTS OF
SAM'IIRIDGI.:IvoiI'fH MFMORIAL HALL TRUST
roR THE YEAR EiYDLD 31 DECTr.MBER2023
We liave compilcd these financial stateinents froin thc accounting I'ecords and infonnation supplied io us.
Daied...
Donoi¥orrh Limited
Chaitei'¢d Accountan
Loivlands
J Souilibi'ook
Sawbridgew'orth
Hei11oidsliire
CM?19NS

.SAWBRIDGEWORT14 MEMOIIIAL HAI.L TRU
PROFIT AND LOSS ACCOUiYT
FOR TIIE YF,AR ENDED31 DECEMBER 2
23
Note
2023
2022
89,0?2
Gro55 income
168,514
Admini5traiive expenses
1?08.271)
(39,019)
50,003
Opei'ating ILossVprofit
139,757)
217
Inconie fi-om invesinieiiis
2.001
50,?20
DefEClt 011 detii'itie5
(J7.756)
Pagke 2

CHARITY NUMBF.
302464
SANVIIRIDGF.II'OR'fH ￿lE.￿lORIAL 14ALI, TRUST
11A1.,CNI'CI.: SHEF.T AS AI. 31 DECEMBF.R2023
'ole
20?3
2022
FiieJ as5¢15
Tangible assets
Currcnt asset
Dtbioi
Cii¥li at bank Jnd liand
?OS.4?6
242,i74
?09,90?
?46.4#9
CJ'editor5
AIiiouTiis due ii'iihin oiit },<￿r
1750)
(6001
tt curreDt 11$5Ct$
209,15?
245.829
750.141
l-oial 955cI5 les5 rurrcrtt IiiLbililie5
?1? i85
£?1?,385
£?50,141
¢t ￿￿%5¢tS
runds of Charitv
Ilnrtslri¢itd tunds
250.141
?1? 38)
V l.cc
liaimian
Dated

SAWIIRIDCEWOIITH MEMORIAI, HAI,1, TRUS
NOTF.S TO THE FINAYICIAL STATEMENI TS
riOR THE Yr.AIl LiYDEI) 31 DICEMIIEII 2023
Tallgitjle fjxcd a55et5
Flxtures
Fittings
Cosi..
At l J&nuary ?0?3
24,848
Al ) l December ?0?3
24,848
rJep1eciaiioii'.
Ar l .laiiiiary, ?073
Cliarge foi- Ihe y¢ar
20,537
1,078
At ) l Decernbei. 202)
21.615
N¢1 book vlllue..
Ai 31 Decembei. 20?-
£ 3.233
At i l Deccinbcr ?021
£4,311
Debtors
2023
2022
Due iYTtliin On￿ yeai.:
Trade debiois
1,476
4,055
I'a¥e 4

SANVIIRIDGEWOIITH ￿lF.￿oRIAL HALL TIIUST
NOTF.S TO'I'HI FINANCIAL s'fAI'EMF.NTS (Continued)
TrOR THE YF.AII ENDF.I) 31 DCCENIBEII2023
Creditoi's- amounts fiilliiig dis¢ iiithin one )'¢ar
2023
2022
750
600
Trade creditoi's
£ 750
£ 600
Funds ofchErity
2023
At l JanuaTy 20?3
Deficit foi. tl)e year
250,141
{37,7561
Ai 311)ecember 201"
£7 12, j85

SAWBRIS)GEWOIITI4 MI.:MORIAL HALL TRUST
DETAILED'fRADING AND PROFIT AND LOSS ACCOL.N"r
FOII THE YEAR EiNDF.D 31 DIcEr￿l￿ER2o23
2023
2022
Gr05s income
96514
89.022
Incoine
Grnnts rc¢eived
Intci-est reLeiv£lble
2,noi
217
170,51)
89,239
O%.erheJd5
653
65
444
5.986
Light. lieiil and ivater
Telephoiie
Stationcry
Cleaiiillg ¢05ts
Repliirs
Waste disposal
892
136
5,097
1,015
2,811
600
i.i?o
2.7?0
ioc
1.437
3.8)0
ALLuuntanc), fees
Liceiice5
750
liscellaneous
2,894
1.078
Donatioiis
IT and compuiing costg
1,035
11,342
EneriT
y pi'oject cosls
SolÉir bdlteries
lii.O)7
20.184
208,?71
39.019
IL055llProfJÉ 011 OIMlinai'y aetivities
£(37.7i6)
£ 50,220
Page 6

CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's
report on the accounts
Section A
Independent Examiner's Report
Report to the trusteesl
members of
￿1.￿ KfN4 VIcMo< 'ffLV .
On accounts for the year
ended
Charity no
(if any)
3cLL4Es
Set out on pages
I report to the trustees on my examination of the accounts of the above
charity ("the Trust") for the year ended 31 li IDz3
Responsibilities and As the charity Irustees of the Trust. you are responslble for the preparation
basis of report of the accounts in accordance with the requirements of the Charities Act
2011 ("the Act").
I report in respect of my examination of the Trust's accounts carried out
under section 145 of the 2011 Act and in carying out my examination, I
have followed the applicable Directions given by the Charity Commission
under section 145(5){bl of the Act.
I have completed my examination. I confirm that no material matters have
come to my attention I
") in connection with
the examination which gives me cause to believe that in, any material
respect..
accounting records were not kept in accordance with section 130 of
the Act or
the accounts do not accord wilh the accounting records
Independent
examinerfs statement
I have no concerns and have come across no other matters in connection
with the examination to which attention should be drawn in order to enable a
proper understsnding of the accounts to be reached.
Please delete the words in the brackets if they do not apply.
Signed:
Date:
lol ZcZ-4
Name:
f e.
Relevant professional
quallfication{s) or body
(if any):
Address:
rs
14S
IER
October 2018

Section
Disclosure
Only complele if the examiner needs to highlight matters of concern (see CC32,
Independent examlnation of charity accounts: directions and guidance for
examiners).
Glve here brlef detalls of
any ftems that the
examlner wishes to
dlsclose.
IER
October 2018