## **Shoreham Village Hall Trustees Report and Accounts for Financial Year 1 April 2020 – 31 March 2021 Treasurer’s and Bookings Report** 

## **1. Overview** 

This report looks at the 2020 / 2021 financial year and historical data for the last few years. 

The business activity of the Village Hall was restricted severely by the restrictions imposed because of the Covid pandemic However, our financial position is better than it has ever been, primarily because of the grants that we received from SDC. Details are below. 

## **2. Details of Assets** 

Our assets comprise three elements: 

- Investment Account (COIF) 

- Lloyds Current Account 

- Petty Cash 

The table below shows our financial position for the last four financial years. 


**----- Start of picture text -----**<br>
31-Mar 31-Mar 31-Mar- 31-Mar-<br>-21 -20 19 18<br>COIF £2,529 £2,526 £2,505 £8,485<br>Bank Account 21,335 £6,253 £10,809 £7,287<br>Petty Cash £179 £932 £27 £27<br>Total £24,043 9,711 £13,340 £15,799<br>**----- End of picture text -----**<br>


## **3. Profit / Loss** 

The table below shows the profit / loss achieved for the last four financial years. 


**----- Start of picture text -----**<br>
31-Mar- 31-Mar 31-Mar- 31-Mar-<br>21 -20 19 18<br>£25,017* £17,160* £19,907*<br>Income ** * £11,238<br>Expendit £10,782 £21,662 £21,380<br>£10,197<br>ure<br>Profit /  £14,234 -£4,502 -£1,273<br>£1,041<br>Loss<br>**----- End of picture text -----**<br>


- *Includes £10k grant from Parish Council 

- **Includes £1,852 KCC grant 

- ***Includes £22,983 in grants from SDC and KCC 



## **4. Bookings** 


**----- Start of picture text -----**<br>
2000-21 2019- 2018- 2017-<br>20 19 18<br>£1,290 £11,455 £10,06<br>Bookings £9,849<br>8<br>**----- End of picture text -----**<br>


The table above shows that the bookings for the last financial year were reduced by approx. 90% because of Covid restrictions. 



## **Annual Accounts** 

The Annual Accounts have been audited independently and approved by Ms Sarah Moon, Clerk to Shoreham Parish Council. 


## **Shoreham Village Hall** 

|**Shoreham Village**<br>**Hall**|||
|---|---|---|
|**Balance Sheet**|||
|||**2020-21**|
|**Assets**|||
|COIF||£                 2,529.10|
|Lloyds current account||£               21,334.89|
|||£|
|Cash||178.85|
|Customer deposits to be||-£|
|returned||50.00|
|||**£**|
|**Total**||**23,992.84**|
|_Represented by_|||
|Balance brought forward||£                 9,705.55|
|Surplus /defcit||£               14,287.29|
|||**£**|
|**Total**||**23,992.84**|
|**Proft and Loss Account**|||
|||**2020-21**|
|**Income**|||
|KCC Grant||£                 1,938.00|
|SDC Grant||£               21,050.86|
|Rent||£                 1,886.00|
|||£|
|Fundraising||165.00|
|||£|
|COIF interest||3.01|
|||£|
|Donations||10.00|
|||£|
|Refunds||16.69|
|||**£**|
|**Total**||**25,069.56**|
|**Expenditure**|||
|Heating and electricity||£                 1,868.50|
|||£|
|Rates||811.56|
|Insurance||£                 1,229.90|
|Maintenance -|Cleaning|£                 1,744.00|
|||£|
||Windows|240.00|
|||£|
||Sundries|198.95|
||Redecorati|£                 2,610.00|





on Administration £                 1,171.42 **£ Total 10,782.27 £ Surplus /deficit 14,287.29**