Management Report
Upchurch Village Hall For the period ended December 31, 2022
Prepared on 31 October 2023
For management use only
Table of Contents
Financial Activities...........................................................................................................................................3 Balance Sheet .................................................................................................................................................4
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Financial Activities
January - December 2022
| Financial Activities January - December 2022 |
|
|---|---|
| Total | |
| INCOME | |
| Cupboard Hire Revenue | 612.50 |
| Gas Meter Takings | 263.00 |
| Interest Income (DS) | 0.53 |
| Lettings Non Regular Hirers | 5,250.00 |
| Lettings Regular outside village | 6,747.00 |
| Lettings Regular Village | 13,667.00 |
| Lettings Whole Day outside village | 2,766.00 |
| Other Revenue | 212.00 |
| Total Income | 29,518.03 |
| TOTAL | 29,518.03 |
| EXPENDITURES | |
| Computer and Internet Expenditures | 190.00 |
| Total Expenditures | 190.00 |
| NET OPERATING INCOME | 29,328.03 |
| OTHER EXPENDITURES | |
| Advertising & Marketing | 95.57 |
| Audit & Accountancy fees | 520.53 |
| Booking Secretary Remuneration | 260.00 |
| Electric | 1,235.88 |
| Gas | 610.00 |
| General Expenses | 188.00 |
| Insurance | 1,947.21 |
| Interest Paid | -20.03 |
| Legal Expenses | 586.58 |
| Pest Control | 258.00 |
| Postage, Freight & Courier | 15.84 |
| Printing & Stationery | 84.97 |
| Reconciliation Discrepancies | 639.04 |
| Refurbishment | 1,006.20 |
| Repairs & Maintenance | 6,520.47 |
| Salaries - Cleaner | 8,427.60 |
| Subscriptions | 60.00 |
| Telephone & Internet | 45.00 |
| Treasurer Remuneration | 600.00 |
| Waste Collection | 1,989.01 |
| Water rates | 351.52 |
| Total Other Expenditures | 25,421.39 |
| NET OTHER INCOME | -25,421.39 |
| NET INCOME/(EXPENDITURE) | £3,906.64 |
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Upchurch Village Hall
Balance Sheet
As of December 31, 2022
| Total | |
|---|---|
| FIXED ASSET | |
| Tangible assets | |
| Buildings - Freehold Property | 30,502.00 |
| Furnishings - First Cost | 768.00 |
| General Equipment - FC | 729.00 |
| Grant For New Sound & Loop System | -1,469.92 |
| Grants For New Building Work | -93,150.00 |
| Heating Project 2017 | 8,340.00 |
| Heating Project 2017 Funding | -8,340.00 |
| Less Accumalated Depreciation On Furnishings -First Cost | -768.00 |
| Less Accumulated Depreciation on General Equipment | -729.00 |
| Less Accumulated Depreciation On New Sound & Loop System | -489.98 |
| New Building Project 1998/99 | 111,014.25 |
| New Sound & Loop System | 1,959.90 |
| Sound System Upgrade | 511.80 |
| Sound System Upgrade Donation | -511.80 |
| Total Tangible assets | 48,366.25 |
| Total Fixed Asset | 48,366.25 |
| CASH AT BANK AND IN HAND | |
| Current | 9,742.58 |
| Fundraising Accounts | 8,892.62 |
| Reserves Account | 21,305.54 |
| Total Cash at bank and in hand | 39,940.74 |
| DEBTORS | |
| Accounts Receivable | 1,838.50 |
| Total Debtors | 1,838.50 |
| CURRENT ASSETS | |
| Cash Clearing Account | -792.60 |
| PettyCash | 320.62 |
| Total Current Assets | -471.98 |
| NET CURRENT ASSETS | 41,307.26 |
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |
| Trade Creditors | |
| Accounts Payable | 2,070.22 |
| Total Trade Creditors | 2,070.22 |
| Current Liabilities | |
| Cover Charges | 1,726.25 |
| Fundraising Donations Received | -7,949.36 |
| Grants received | 19,596.85 |
| Suspense | 11,538.00 |
| Total Current Liabilities | 24,911.74 |
| Total Creditors: amounts falling due within oneyear | 26,981.96 |
| NET CURRENT ASSETS (LIABILITIES) | 14,325.30 |
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Upchurch Village Hall
| Total | |
|---|---|
| TOTAL ASSETS LESS CURRENT LIABILITIES | 62,691.55 |
| CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | |
| General Maintenance Reserve | 5,430.90 |
| Total Creditors: amounts falling due after more than oneyear | 5,430.90 |
| TOTAL NET ASSETS (LIABILITIES) | £57,260.65 |
| CHARITY FUNDS | |
| Retained Earnings | 53,354.01 |
| Surplus/(Deficit) | 3,906.64 |
| Total Charity funds | £57,260.65 |
5/5
Upchurch Village Hall