Chairman’s Report – 7th September 2022
It is very pleasing to report that this year we have been able to return to a more normal footing than in previous years. Obviously the various lockdowns eventually ended and we were able to get back to our major function of providing a safe, clean and welcoming venue for both our many regular hirers and individuals who simply want to use our facilities for one off events.
Due to the Government support and our own cash reserves, which we have always maintained to cover us in the event of unexpected costs or a sudden drop in our income, we have been able to come out of the last couple of years which have, to put it mildly, been challenging.
We still, of course, have unexpected situations, such as the serious leak found under the Player’s Hall floor, fortunately this has now been repaired but this is another example of the need to keep our reserves at a healthy level.
I will leave it to Derek to give a more detailed breakdown of our current financial situation and David I am sure will go in to more detail about the repairs and maintenance that have been necessary over the last 12 months.
I am certain that we will face further challenges over the next 12 months, not least the rising cost of energy which has the potential to increase our running costs substantially. This will obviously mean that we will need to review our hirer charges to ensure that we do not run in to cash flow problems.
As ever it would be remiss of me if I did not mention the work that Derek carries out, with the assistance of Alison, to ensure that our income is maintained and costs kept under control. I
would also like to thank Ron for his continued work as Secretary and David, together with Sharon, for ensuring that the Halls are constantly maintained to such a high standard. Robin again is owed our thanks for ensuring that our booking system continues to function so smoothly.
Finally I would like to thank all the trustees for their support and ability to oversee and challenge the management team on our decisions and plans for the future.
02 Rob 19 Montpelier Avenu¢ Bexl¢v DA5 3AP
OTFORD VILIAGE MEMORIAL HALL Jncom¢ and Ex For the Year Endtxl 31 Janua Year Ella1 Year End 31'J 2022 31"J8ll 2022 2021 31$1 Jan 2020 Inrne 33,039 490 294 14.693 1999 158 50,367 1242 575 Sundry inu)me tlltet Rec¢ivabl¢ InC(e from Satwday Stsff 21,325 11,716 5,323 17J35 50,605 Covid Grant Totsl Income 66,894 40,508 102,789 Saiwies LiglLting & Heating Telephone (after r¢covtti£s) Ratag & Watef 24.600 3,579 21,529 3.394 20,875 93 98 265 1,530 4.185 67 214 1,595 5,673 (88) 867 1116 371 14.599 2280 1.531 10,982 23 1,124 Administratson Licenses 705 12,783 1.765 314 138.989 1.599 Total Expenditur¢ 55,806 54.573 Sutplu81(Deficit) 11,088 (14,065) (69,882)
OTFORD VILLAGE MEMORIAL HALL Balan¢¢ Shed For the Year Ended 31 Januil 21Y22 Year End 31"J Year EDdl 31"Jan & Prcpayments Santsnd 823 5,812 4,586 8,883 26295 30276 25,OIXI Teach Building Soci&y 3,018 io 18.C(Ki 16 11127 Totsl Assets 42,494 52,722 44,445 Liabilities Expu Bounce Back Loan 4,915 1,491 25,(KK> 3,889 Net Positiou 37.579 26,491 40,556 Repr(s¢nted by: Balance BIF from 2021 SurpluslDefi¢it for year 26.491 11,088 40,556 (14,065) 110.478 (69.882) 37,579 26,491 I confirn that the above acwunts give atrue ¥nd fair view of Otford Village Memorial Hall's sItion for th¢ pttiod ending 31. January 2022 ROBSONS ACCO INTAI+s 19 MONTPE IER AV"_NUE BEXLEY, KEr DA5 3AP
02 Rob 19 Montpelier Avenu¢ Bexl¢v DA5 3AP
OTFORD VILIAGE MEMORIAL HALL Jncom¢ and Ex For the Year Endtxl 31 Janua Year Ella1 Year End 31'J 2022 31"J8ll 2022 2021 31$1 Jan 2020 Inrne 33,039 490 294 14.693 1999 158 50,367 1242 575 Sundry inu)me tlltet Rec¢ivabl¢ InC(e from Satwday Stsff 21,325 11,716 5,323 17J35 50,605 Covid Grant Totsl Income 66,894 40,508 102,789 Saiwies LiglLting & Heating Telephone (after r¢covtti£s) Ratag & Watef 24.600 3,579 21,529 3.394 20,875 93 98 265 1,530 4.185 67 214 1,595 5,673 (88) 867 1116 371 14.599 2280 1.531 10,982 23 1,124 Administratson Licenses 705 12,783 1.765 314 138.989 1.599 Total Expenditur¢ 55,806 54.573 Sutplu81(Deficit) 11,088 (14,065) (69,882)
OTFORD VILLAGE MEMORIAL HALL Balan¢¢ Shed For the Year Ended 31 Januil 21Y22 Year End 31"J Year EDdl 31"Jan & Prcpayments Santsnd 823 5,812 4,586 8,883 26295 30276 25,OIXI Teach Building Soci&y 3,018 io 18.C(Ki 16 11127 Totsl Assets 42,494 52,722 44,445 Liabilities Expu Bounce Back Loan 4,915 1,491 25,(KK> 3,889 Net Positiou 37.579 26,491 40,556 Repr(s¢nted by: Balance BIF from 2021 SurpluslDefi¢it for year 26.491 11,088 40,556 (14,065) 110.478 (69.882) 37,579 26,491 I confirn that the above acwunts give atrue ¥nd fair view of Otford Village Memorial Hall's sItion for th¢ pttiod ending 31. January 2022 ROBSONS ACCO INTAI+s 19 MONTPE IER AV"_NUE BEXLEY, KEr DA5 3AP