TOTTERtDC.E VILLAGE HALL A Registered Charity No. 302922 ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022
TOTTERIDGE VILLAGE HALL A Registered Charity No. 302922
For the year ended 31 August 2022
Information
Business Address Totteridge Village Hall Badgers Croft Totteridge Village London N20 8AH Bankers Barclays Bank plc 810 High Road North Finchley London N12 9QZ Members Mr R Ellis (Chairman) Mrs P Dunton Dr. T Davis
Accountants
Raffingers LLP Chartered Certified Accountants and Business Advisers 19-20 Bourne Court Southend Road Woodford Green Essex IG8 8HD
TOTTERIDGE VILLAGE HALL A Registered Charity No. 302922
For the year ended 31 August 2022
Contents
| Page | |
|---|---|
| Accountant's Report | 1 |
| Chairman's Report | 2 |
| Income and Expenditure Account | 3 |
| Balance Sheet | 4 |
| Notes to the Accounts | 5 to 6 |
TOTTERIDGE VILLAGE HALL A Registered Charity No. 302922
For the year ended 31 August 2022
ACCOUNTANT'S REPORT TO TOTTERIDGE VILLAGE HALL
In accordance with your instructions we have prepared, without undertaking an audit, the accounts for the year ended 31 August 2022 set out on pages 3 to 6 from your books and records and from the information and explanations supplied to us
Raffingers LLP Date: January 2023 Chartered Certified Accountants & Business Advisers 19-20 Bourne Court Southend Road Woodford Green Essex IG8 8HD
Page 1
TOTTERIDGE VILLAGE HALL A Registered Charity No. 302922
For the year ended 31 August 2022
CHAIRMAN'S REPORT
I have much pleasure in presenting the accounts of the Charity for the year to 31 August 2022.
During the year, rental income increased by £35,157 to £44,839 (2021: £9,682).
Expenditure, as shown page 3, amounted to £25,668 (2021: £10,213)
The net income for the year amounted to £19,171 (2021: Loss £531).
At the balance sheet date, the accumulated surplus was £91,743 (2021 - £72,572) and the foundation fund remained the same at £40,466.
We are carrying forward a maintenance reserve of £Nil as at 31 August 2022 (2021: £Nil). The net current assets are mostly represented by the bank accounts as can be seen on the balance sheet on page 4. The year end bank and cash balances amounted to £89,521 (2021: £71,116).
My thanks again are due to all those who have devoted so much time and energy on obtaining lettings and administering the Hall during the year.
Mr R Ellis - Hon.Chairman
Date: January 2023
Page 2
TOTTERIDGE VILLAGE HALL A Registered Charity No. 302922
INCOME AND EXPENDITURE ACCOUNT For the year ended 31 August 2022
| INCOME Rentals Received Totteridge Organisations Sundry Lettings Other Income Interest received Less: EXPENDITURE Rates and water Insurance Gas and electricity Cleaning Repairs and maintenance Refuse collection Grass cutting Postage, telephone and administration Sundry expenses Accountancy Book-keeping and admin Depreciation - plant and equipment NET (DEFICIT)/ SURPLUS FOR THE YEAR |
£ £ £ £ 3,868 - 40,971 9,682 44,839 9,682 - - 44,839 9,682 - 917 2,475 2,919 2,897 1,858 10,326 1,265 314 2,222 1,594 688 - 450 350 45 33 749 216 753 747 5,747 - 318 374 25,668 10,213 £19,171 £(531) 2021 2022 |
£ £ £ £ 3,868 - 40,971 9,682 44,839 9,682 - - 44,839 9,682 - 917 2,475 2,919 2,897 1,858 10,326 1,265 314 2,222 1,594 688 - 450 350 45 33 749 216 753 747 5,747 - 318 374 25,668 10,213 £19,171 £(531) 2021 2022 |
|---|---|---|
| 9,682 - |
||
| 9,682 10,213 |
||
| £(531) |
Page 3
TOTTERIDGE VILLAGE HALL A Registered Charity No. 302922
BALANCE SHEET As at 31 August 2022
| Notes FIXED ASSETS Tangible fixed assets 1 Prepayments & other debtors Bank current account and cash Bank deposit account CURRENT LIABILITIES Creditors & deposits held NET CURRENT ASSETS Balance as at 31 August 2022 CAPITAL ACCOUNT Foundation fund 2 Maintenance fund 3 Accumulated surplus 4 |
£ £ £ £ 42,269 42,587 3,463 3,885 88,386 69,981 1,135 1,135 92,984 75,001 3,044 4,550 3,044 4,550 89,940 70,451 132,209 113,038 40,466 40,466 - - 91,743 72,572 132,209 113,038 2021 2022 |
£ £ £ £ 42,269 42,587 3,463 3,885 88,386 69,981 1,135 1,135 92,984 75,001 3,044 4,550 3,044 4,550 89,940 70,451 132,209 113,038 40,466 40,466 - - 91,743 72,572 132,209 113,038 2021 2022 |
|---|---|---|
| 92,984 | ||
| 3,044 | ||
| 3,044 | ||
| 113,038 | ||
| 40,466 - 72,572 |
||
| 113,038 |
We approve these accounts and confirm that we have made available all relevant records and information for their preparation.
Mr R Ellis - Hon. Chairman
Date: January 2023
Page 4
TOTTERIDGE VILLAGE HALL A Registered Charity No. 302922
NOTES TO THE ACCOUNTS For the year ended 31August 2022
1. TANGIBLE FIXED ASSETS
| Cost At 1 September 2021 Additions At 31 August 2022 Depreciation At 1 September 2021 Charge for the year At 31 August 2022 Net Book Value: At 31 August 2022 At 31 August 2021 |
Land & Furniture & Piano & Total Building Equipment Payphone £ £ £ £ 40,466 29,391 800 70,657 - - - - |
|---|---|
| 40,466 29,391 800 70,657 |
|
| - 27,279 791 28,070 - 317 1 318 |
|
| - 27,596 792 28,388 |
|
| 40,466 1,795 8 42,269 |
|
| 40,466 2,112 9 42,587 |
The Land and Building represents the freehold premises and land vested in the 'Official Trustee'
2 FOUNDATION FUND
| FOUNDATION FUND | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Balance brought forward | 40,466 | 40,466 |
The Fund represents separately the property vested in the Official Trustee, rather than in the Council of Management.
Page 5
TOTTERIDGE VILLAGE HALL A Registered Charity No. 302922
NOTES TO THE ACCOUNTS For the year ended 31 August 2022
3. MAINTENANCE FUND
| At 1 September 2021 Release of provision Provision for future requirements Balance as at 31 August 2022 ACCUMULATED SURPLUS At 1 September 2021 Surplus/ (Deficit) for the year At 31 August 2022 |
2022 £ - - - - 2022 £ 72,572 19,171 91,743 |
2021 £ - - - |
|---|---|---|
| - | ||
| 2021 £ 73,103 (531) |
||
| 72,572 |
4. ACCUMULATED SURPLUS
Page 6