WHITFIELD VILLAGE HALL
Registered Charity No. 302880
INCOME and EXPENDITURE ACCOUNT for the Year Ending 31 AUGUST 2024
| INCOME | 2024 | 2023 |
|---|---|---|
| £ (All Unrestricted) £ | ||
| Charitable Activities: | ||
| Letting of hall etc | 29619 | 32,413 |
| Grants | 0 | 27,703 |
| Bank Interest | 58 | 78 |
| Miscellaneous | 4303 | 0 |
| Total: | 33980 | 60,194 |
| REVENUE EXPENDITURE | ||
| Charitable Activities: | ||
| Wages | 10798 | 11,243 |
| Electricity & Gas | 3141 | 3,189 |
| Water & Sewage | 2513 | 1,918 |
| Insurance & Licences | 1577 | 1,533 |
| General Repairs & Renewals | 12858 | 6,823 |
| Specific Repairs | 0 | 46,792 |
| Stationery & Postage | 60 | 9 |
| Cleaning Materials & Refuse Collection | 4503 | 1,882 |
| Broadband | 343 | 370 |
| Miscellaneous Expenses | 104 | 556 |
| Bank Charges | 60 | 60 |
| Total: | 39253 | 74,375 |
| Revenue Deficit | 5273 | 14,181 |
| Revenue Surplus | ||
| TOTAL | 33980 | 60,194 |
| BALANCE SHEET as at 31st August 2023 | ||
| FIXED ASSETS | ||
| Hall & Outbuildings_(Note 1)_ | 499,080 | 499,080 |
| CURRENT ASSETS | ||
| Cash in Bank | 00 | |
| Current Account | 27752 | 31,262 |
| Balance b/f: | ||
| Deficit for year: | ||
| Balance carried forward: | 526832 | 530,342 |
Notes to the Accounts:
-
Fixed Assets:
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(a) The freehold of the Hall was vested in the name of the Official Custodian for Charities on 3[rd] April 1975. The overall freehold land area is 100’ x 140’ (36.453m x 51.035m).
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(b) The Hall (including the Outbuildings) is stated at its 2020 valuation when it was professionally re-valued for insurance purposes. It is insured annually based on this valuation as increased each year by reference to the Insurance Industry’s index. To comply with conditions of insurance a professional revaluation is required every 5 years. Next due July 2025
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(c) The flat roof over the Main Hall has been re-felted in September 2023. To comply with conditions of insurance it must be professionally inspected every 5 years and any defects repaired.
2. Letting of the Hall:
| 2. Letting of the Hall: |
||
|---|---|---|
| 2024 | 2023 | |
| Regular Users | 25403 | 31,806 |
| Private Bookings | 4216 | 607 |
| Total: | 29619 | 32413 |
3. Specific Repairs Expenditure:
| 3. Specific Repairs Expenditure: |
||
|---|---|---|
| 2024 | 2023 | |
| Toilet Refurbishment | 34,193 | |
| Fire Alarm | 10,607 | |
| Gas Pipes | 1,595 | |
| Porch Roof Repair | 397 | |
| Floor Treatment | 961 | |
| Re-felt Main Roof | 4600 | |
| LED Lights Fitted | 2100 | |
| Radiator Vales Replaced | 488 | |
| Floor Scrubber | 1811 | |
| Repair Fence Posts | 1320 | |
| Total: | 11280 | 46792 |
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