CHARITY REGISTRATION NUMBER: 302809
MINSTER VILLAGE HALL AND MOLINEUX INSTITUTE
UNAUDITED FINANCIAL STATEMENTS 31 AUGUST 2023
NEVILLE WESTON & COMPANY
Chartered Certified Accountants
3 High Street St Lawrence Ramsgate Kent CT11 0QL
MINSTER VILLAGE HALL AND MOLINEUX INSTITUTE
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023
| CONTENTS | PAGE |
|---|---|
| Trustees' Annual Report | 1 – 2 |
| Independent Examiner's Report to the Trustees | 3 |
| Statement of Financial Activities | 4 |
| Statement of Financial Position | 5 |
| Notes to the Financial Statements | 6- 11 |
| The following page does not form part of the financial statements | |
| Detailed Statement of Financial Activities | 13 |
MINSTER VILLAGE HALL AND MOLINEUX INSTITUTE
TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2023
The Trustees present their report and the unaudited financial statements of the Charity for the year ended 31 August 2023.
Reference and Administrative Details
| Registered Charity Name | Minster Village Hall and Molineux Institute |
|---|---|
| Charity registration Number | 302809 |
| Principal Office | 86 Monkton Road |
| Minster | |
| Ramsgate | |
| CT12 4EF | |
| The Trustees | Mr R Bailey - President |
| Mr R McCymont Grant – | |
| Chairman | |
| Dr D T Downes-Powell – Vice | |
| Chairman | |
| Mr E A James - Treasurer | |
| Mrs L Proudfoot - Temporary | |
| Secretary | |
| Mrs C E Bailey | |
| Mrs L C Downes-Powell | |
| Mrs G E James | |
| Mr J Smith | |
| Independent Examiner | Neville Weston & Company |
| Charted Certified Accountants | |
| 3 High Street | |
| St Lawrence | |
| Ramsgate | |
| Kent | |
| CT11 0QL |
Structure, Governance and Management
The Charity was founded and now respectively regulated by an Indenture and Trust Deed dated 1 February 1924 and an Indenture and Trust Deed dated 31 May 1921.
The Foundation is administrated by Committee of Management of the Village Hall, consisting of 10 Members elected at the Annual General Meeting plus representative Members of village organisations.
Public Benefit
The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Charity's aims and objectives and in planning future activities.
Objectives and Activities
The objective of the Foundation is the provision and maintenance of a village hall for the use of the inhabitants of Minster aforesaid and the neighbourhood without distinction of political, religious or other opinions, including use for meetings, lectures and classes and for other forms of recreation and leisure-time occupation with the object of improving the conditions of life for the said inhabitants.
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MINSTER VILLAGE HALL AND MOLINEUX INSTITUTE
TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2023
Achievements and Performance
The new financial year began in September with our new replacement floor in the main hall. This took up most of the month.
The Committee re-arranged our annual Art Show to take place in November 2022.
Normal bookings began in October including Tai Chi, Short Mat Bowls, Mixed and Ladies Badminton Clubs, Monthly W.I Meeting, Ballroom and Dance Lessons, 2 different Arts and Crafts Groups, 5 Children's Parties, Scottish Country Dancing, various monthly committee meetings, a Village Christmas Market, a Wrestling Event, and as a Polling Station. Our Am-Dram Group also put on their Christmas pantomime.
In September 2022 we learned that our President, Dr William John Sample, had passed away. A great loss to our Committee. In his Will, John (as he preferred to be called) left the village hall a legacy of £10,000 for which the Committee is very grateful.
During the year we still managed to carry out all the necessary inspections for the certificates required plus we are now in position to obtain quotes for the replacement of the exterior fascias together with new guttering outside the village hall. A further problem has arisen recently with our burglar alarm system which if it cannot be rectified may entail obtaining an updated system.
Financial Review
After payment of any expenses of administration, the net income of the Foundation, whether arising from the use of the Village Hall by other bodies or persons or otherwise, shall be applied by the Committee in one or other or both of the following ways:
- In the maintenance, repair and insurance of the Village Hall and the furniture and effects therein and the payment of rates, taxes, wages and other outgoings in connection therewith; - In otherwise furthering the object of the Foundation.
Any sum of cash at any time belonging to the foundation and not needed as a balance for working purposes shall be invested unless the Secretary of State for Education and Science otherwise directs.
Plans for Future Periods
The Legacy left by our late President, Dr. William John Sample, will give us ability to carry out the renewal of the fascias and guttering on the village hall which we mentioned in last year's plans for the future.
The Trustees' Annual Report was approved on 21[st ] March 2024, and signed on behalf of the board of Trustees by:
……………………………………………. Mr E A James Treasurer
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MINSTER VILLAGE HALL AND MOLINEUX INSTITUTE
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MINSTER VILLAGE HALL AND MOLINEUX INSTITUTE FOR THE YEAR ENDED 31 AUGUST 2023
I report to the Trustees on my examination of the financial statements of Minster Village Hall and Molineux Institute ('the Charity') for the year ended 31 August 2023.
Responsibilities and Basis of Report
As the Trustees of the Charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent Examiner's Statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
3 High Street C J N Weston, FCCA St Lawrence Independent Examiner Ramsgate Kent Neville Weston & Company CT11 0QL Chartered Certified Accountants
21[st] March 2024
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MINSTER VILLAGE HALL AND MOLINEUX INSTITUTE
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2023
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| Funds | Funds | Total Funds | Total Funds | ||
| Note | £ | £ | £ | £ | |
| Income and Endowments | |||||
| Donations and Legacies | 4 | 10,000 | – | 10,000 | – |
| Other Trading Activities | 5 | 15,717 | – | 15,717 | 12,983 |
| Investment Income | 6 | 920 | – | 920 | 188 |
| Other Income | 7 | 3,132 | – | 3,132 | 3,310 |
| ------------------------------- | ---------------- | ------------------------------- | ------------------------------- | ||
| Total Income | 29,769 | – | 29,769 | 16,481 | |
| =============================== | ================ | =============================== | =============================== | ||
| Expenditure | |||||
| Expenditure on Charitable Activities | 8,9 | 22,211 | – | 22,211 | 52,234 |
| ------------------------------- | ---------------- | ------------------------------- | ------------------------------- | ||
| Total Expenditure | 22,211 | – | 22,211 | 52,234 | |
| =============================== | ================ | =============================== | =============================== | ||
| ------------------------------- | ---------------- | ------------------------------- | ------------------------------- | ||
| Net Income/(Expenditure) and Net | |||||
| Movement in Funds | 7,558 | – | 7,558 | (35,753) | |
| =============================== | ================ | =============================== | =============================== | ||
| Reconciliation of Funds | |||||
| Total Funds Brought Forward | 51,482 | 71,160 | 122,642 | 158,395 | |
| ------------------------------- | ------------------------------- | ------------------------------------- | ------------------------------------- | ||
| Total Funds Carried Forward | 59,040 | 71,160 | 130,200 | 122,642 | |
| =============================== | =============================== | ===================================== | ===================================== |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 6 to 11 form part of these financial statements. - 4 -
MINSTER VILLAGE HALL AND MOLINEUX INSTITUTE
STATEMENT OF FINANCIAL POSITION AS AT 31 AUGUST 2023
| 2023 | 2022 | ||
|---|---|---|---|
| Note | £ | £ | |
| FIXED ASSETS | |||
| Tangible Fixed Assets | 15 | 71,524 | 71,646 |
| CURRENT ASSETS | |||
| Debtors | 16 | 1,185 | 1,005 |
| Cash at Bank and in Hand | 58,691 | 67,101 | |
| ------------------------------- | ------------------------------- | ||
| 59,876 | 68,106 | ||
| CREDITORS: amounts falling due within one year | 17 | 1,200 | 17,110 |
| ------------------------------- | ------------------------------- | ||
| NET CURRENT ASSETS | 58,676 | 50,996 | |
| ------------------------------------- | ------------------------------------- | ||
| TOTAL ASSETS LESS CURRENT LIABILITIES | 130,200 | 122,642 | |
| ------------------------------------- | ------------------------------------- | ||
| NET ASSETS | 130,200 | 122,642 | |
| ===================================== | ===================================== | ||
| FUNDS OF THE CHARITY | |||
| Restricted Funds | 71,160 | 71,160 | |
| Unrestricted Funds | 59,040 | 51,482 | |
| ------------------------------------- | ------------------------------------- | ||
| TOTAL CHARITY FUNDS | 18 | 130,200 ===================================== |
122,642 ===================================== |
These financial statements were approved by the board of Trustees and authorised for issue on 21[st] March 2024, and are signed on behalf of the board by:
……………………………………………………… Mr R McCymont Grant – Chairman Trustee
The notes on pages 6 to 11 form part of these financial statements.
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MINSTER VILLAGE HALL AND MOLINEUX INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023
1. GENERAL INFORMATION
The Charity is a public benefit entity and a registered Charity in England and Wales and is unincorporated. The address of the principal office is 86 Monkton Road, Minster, Ramsgate, CT12 4EF.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.
3. ACCOUNTING POLICIES
Basis of Preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going Concern
There are no material uncertainties about the Charity's ability to continue.
Judgements and Key Sources of Estimation Uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Fund Accounting
Unrestricted funds are available for use at the discretion of the Trustees to further any of the Charity's purposes.
Designated funds are unrestricted funds earmarked by the Trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal and fall into one of two sub-classes: restricted income funds or endowment funds.
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MINSTER VILLAGE HALL AND MOLINEUX INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023
3. ACCOUNTING POLICIES – Cont’d
Incoming Resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the Charity; it is probable that the economic benefits associated with the transaction will flow to the Charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
-
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
-
legacy income is recognised when receipt is probable and entitlement is established.
-
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources Expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
-
expenditure on charitable activities includes all costs incurred by a Charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the Charity apportioned to charitable activities.
-
other expenditure includes all expenditure that is neither related to raising funds for the Charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible Assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
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MINSTER VILLAGE HALL AND MOLINEUX INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023
3. ACCOUNTING POLICIES – Cont’d
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and Fittings
- 25% reducing balance
Impairment of Fixed Assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
4. DONATIONS AND LEGACIES
| 4. | DONATIONS AND LEGACIES | ||||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2023 | Funds | 2022 | ||
| £ | £ | £ | £ | ||
| LEGACIES | |||||
| Legacies | 10,000 | 10,000 | – | – | |
| =============================== | =============================== | ================ | ================ | ||
| 5. | OTHER TRADING ACTIVITIES | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2023 | Funds | 2022 | ||
| £ | £ | £ | £ | ||
| Hire of Hall | 15,717 | 15,717 | 12,983 | 12,983 | |
| =============================== | =============================== | =============================== | =============================== | ||
| 6. | INVESTMENT INCOME | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2023 | Funds | 2022 | ||
| £ | £ | £ | £ | ||
| Bond Interest | 920 | 920 | 188 | 188 | |
| ================ | ================ | ================ | ================ | ||
| 7. | OTHER INCOME | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2023 | Funds | 2022 | ||
| £ | £ | £ | £ | ||
| Art Exhibition | 3,132 | 3,132 | 3,310 | 3,310 | |
| ========================== | ========================== | ========================== | ========================== |
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MINSTER VILLAGE HALL AND MOLINEUX INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023
8. EXPENDITURE ON CHARITABLE ACTIVITIES BY FUND TYPE
| Unrestricted | Total Funds | Unrestricted | Total Funds | Total Funds | ||
|---|---|---|---|---|---|---|
| Funds | 2023 | Funds | 2022 | |||
| £ | £ | £ | £ | |||
| Provision and Maintenance of Village | ||||||
| Hall | 21,711 | 21,711 | 51,835 | 51,835 | ||
| Support Costs | 500 | 500 | 399 | 399 | ||
| ------------------------------- | ------------------------------- | ------------------------------- | ------------------------------- | |||
| 22,211 | 22,211 | 52,234 | 52,234 | |||
| =============================== | =============================== | =============================== | =============================== | |||
| 9. | EXPENDITURE ON CHARITABLE | ACTIVITIES BY ACTIVITY TYPE | ||||
| Activities | ||||||
| Undertaken | Support | Total Funds | Total | Fund | ||
| Directly | Costs | 2023 | 2022 | |||
| £ | £ | £ | £ | |||
| Provision and Maintenance of Village | ||||||
| Hall | 21,711 | 500 | 22,211 | 52,234 | ||
| =============================== | ================ | =============================== | =============================== | |||
| 10. | ANALYSIS OF SUPPORT COSTS | |||||
| Accountancy | ||||||
| Fees | Total 2023 | Total | 2022 | |||
| £ | £ | £ | ||||
| Governance Costs | 500 | 500 | 400 | |||
| ================ | ================ | ================ | ||||
| 11. | NET INCOME/(EXPENDITURE) | |||||
| Net income/(expenditure) is stated after | charging/(crediting): | |||||
| 2023 | 2022 | |||||
| £ | £ | |||||
| Depreciation of Tangible Fixed Assets | 122 | 162 | ||||
| ================ | ================ | |||||
| 12. | INDEPENDENT EXAMINATION FEES | |||||
| 2023 | 2022 | |||||
| £ | £ | |||||
| Fees Payable to the Independent Examiner for: | ||||||
| Independent Examination of the Financial Statements | 500 | – | ||||
| ================ | ================ | |||||
| 13. | STAFF COSTS | |||||
| The total staff costs and employee benefits for the reporting period are analysed as | follows: | |||||
| 2023 | 2022 | |||||
| £ | £ | |||||
| Wages and Salaries | 11,027 =============================== |
10,555 =============================== |
The average head count of employees during the year was 1 (2022: 1).
No employee received employee benefits of more than £60,000 during the year (2022: Nil).
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MINSTER VILLAGE HALL AND MOLINEUX INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023
14. TRUSTEE REMUNERATION AND EXPENSES
Mr E A James received remuneration from the Charity for his duties carried out as caretaker. This was agreed with the Charity Commission in 2002. No remuneration was received for his duties as a Trustee.
| duties as a Trustee. | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Mr E A James - Remuneration as Caretaker | 11,027 | 10,555 |
No other remuneration or other benefits from employment with the Charity or a related entity were received by the Trustees.
15. TANGIBLE FIXED ASSETS
| 15. | TANGIBLE FIXED ASSETS | |||
|---|---|---|---|---|
| Freehold | Fixtures and | |||
| Property | Fittings | Total | ||
| £ | £ | £ | ||
| Cost | ||||
| At 1 September 2022 and 31 August 2023 | 71,160 | 5,301 | 76,461 | |
| =============================== | ========================== | =============================== | ||
| Depreciation | ||||
| At 1 September 2022 | – | 4,815 | 4,815 | |
| Charge for the year | – | 122 | 122 | |
| ------------------------------- | -------------------------- | ------------------------------- | ||
| At 31 August 2023 | – | 4,937 | 4,937 | |
| =============================== | ========================== | =============================== | ||
| Carrying amount | ||||
| At 31 August 2023 | 71,160 | 364 | 71,524 | |
| =============================== | ========================== | =============================== | ||
| At 31 August 2022 | 71,160 | 486 | 71,646 | |
| =============================== | ========================== | =============================== | ||
| 16. | DEBTORS | |||
| 2023 | 2022 | |||
| £ | £ | |||
| Prepayments and Accrued Income | 1,185 | 1,005 | ||
| ========================== | ========================== | |||
| 17. | CREDITORS: amounts falling due within one year | |||
| 2023 | 2022 | |||
| £ | £ | |||
| Accruals and Deferred Income | 1,200 | 17,110 | ||
| ========================== | =============================== |
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MINSTER VILLAGE HALL AND MOLINEUX INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023
18. ANALYSIS OF CHARITABLE FUNDS
Unrestricted Funds
| Unrestricted Funds | ||||
|---|---|---|---|---|
| At | At | |||
| 1 September | 31 August 2 | |||
| 2022 | Income | Expenditure | 023 | |
| £ | £ | £ | £ | |
| General Funds | 51,482 | 29,769 | (22,211) | 59,040 |
| =============================== | =============================== | =============================== | =============================== | |
| At | At | |||
| 1 September | 31 August 20 | |||
| 2021 | Income | Expenditure | 22 | |
| £ | £ | £ | £ | |
| General Funds | 87,235 | 16,481 | (52,234) | 51,482 |
| =============================== | =============================== | =============================== | =============================== | |
| Restricted Funds | ||||
| At | At | |||
| 1 September | 31 August 2 | |||
| 2022 | Income | Expenditure | 023 | |
| £ | £ | £ | £ | |
| Village Hall | 71,160 | – | – | 71,160 |
| =============================== | ================ | ================ | =============================== | |
| At | At | |||
| 1 September | 31 August 20 | |||
| 2021 | Income | Expenditure | 22 | |
| £ | £ | £ | £ | |
| Village Hall | 71,160 =============================== |
– ================ |
– ================ |
71,160 =============================== |
19. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2023 | |
| £ | £ | £ | |
| Tangible Fixed Assets | 364 | 71,160 | 71,524 |
| Current Assets | 59,876 | – | 59,876 |
| Creditors less than 1 year | (1,200) | – | (1,200) |
| ------------------------------- | ------------------------------- | ------------------------------------- | |
| Net Assets | 59,040 | 71,160 | 130,200 |
| =============================== | =============================== | ===================================== | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2022 | |
| £ | £ | £ | |
| Tangible Fixed Assets | 486 | 71,160 | 71,646 |
| Current Assets | 68,106 | – | 68,106 |
| Creditors less than 1 year | (17,110) | – | (17,110) |
| ------------------------------- | ------------------------------- | ------------------------------------- | |
| Net Assets | 51,482 | 71,160 | 122,642 |
| =============================== | =============================== | ===================================== |
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MINSTER VILLAGE HALL AND MOLINEUX INSTITUTE
MANAGEMENT INFORMATION FOR THE YEAR ENDED 31 AUGUST 2023
The following page does not form part of the financial statements.
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MINSTER VILLAGE HALL AND MOLINEUX INSTITUTE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2023
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Income and Endowments | ||
| Donations and Legacies | ||
| Legacies | 10,000 | – |
| ------------------------------- | ---------------- | |
| Other Trading Activities | ||
| Hire of Hall | 15,717 | 12,983 |
| ------------------------------- | ------------------------------- | |
| Investment Income | ||
| Bond Interest | 920 | 188 |
| ---------------- | ---------------- | |
| Other income | ||
| Art Exhibition | 3,132 | 3,310 |
| -------------------------- | -------------------------- | |
| TOTAL INCOME | 29,769 | 16,481 |
| =============================== | =============================== | |
| Expenditure | ||
| Expenditure on Charitable Activities | ||
| Provision and maintenance of Village Hall | ||
| Activities Undertaken Directly | ||
| Wages and Salaries | 11,027 | 10,555 |
| Rates and Water | 516 | 536 |
| Light and Heat | 5,393 | 2,624 |
| Repairs and Maintenance | 1,117 | 34,166 |
| Insurance | 1,041 | 1,025 |
| Other Establishment Costs | 37 | 49 |
| Office Costs | 26 | 38 |
| Depreciation | 122 | 162 |
| Performing Arts Society | 223 | 192 |
| Sundry Costs | 8 | 110 |
| Artist Costs | 2,101 | 2,278 |
| Hanging Baskets and Flower Tubs | 100 | 100 |
| ------------------------------- | ------------------------------- | |
| 21,711 | 51,835 | |
| ------------------------------- | ------------------------------- | |
| Support Costs | ||
| Accountancy Fees | 500 | 399 |
| ---------------- | ---------------- | |
| ------------------------------- | ------------------------------- | |
| Expenditure on Charitable Activities | 22,211 | 52,234 |
| =============================== | =============================== | |
| NET INCOME /(EXPENDITURE) | 7,558 | (35,753) |
| =============================== | =============================== |
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