TOThERIDC.E VILLAC.E HALL A Regis¢ered Charity No. 302922 ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2023
TOTTERIDGE VILLAGE HALL A Registered Charity No. 302922
For the year ended 31 August 2023
Information
Business Address
Bankers
Members
Totteridge Village Hall Badgers Croft Totteridge Village London N20 8AH Barclays Bank plc 810 High Road North Finchley London N12 9QZ Mr R Ellis (Chairman) Mrs P Dunton Dr. T Davis Mrs B Jacobson Mr E Querfurth
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 2023
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 2023
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 2023 set out on pages 3 to 6 from your books and records and from the information and explanations supplied to us
Raffingers LLP
Date: February 2024
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 2023
CHAIRMAN'S REPORT
I have much pleasure in presenting the accounts of the Charity for the year to 31 August 2023.
During the year, rental income increased by £8,474 to £53,313 (2022: £44,839).
Expenditure, as shown page 3, amounted to £49,631 (2022: £25,668)
The net income for the year amounted to £3,689 (2022: £19,171).
At the balance sheet date, the accumulated surplus was £95,432 (2022 : £91,743) and the foundation fund remained the same at £40,466.
We are carrying forward a maintenance reserve of £Nil as at 31 August 2023 (2022: £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 £92,786 (2022: £89,521).
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: February 2024
Page 2
TOTTERIDGE VILLAGE HALL A Registered Charity No. 302922
INCOME AND EXPENDITURE ACCOUNT For the year ended 31 August 2023
| 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 |
£ £ 3,171 50,142 53,313 7 53,320 404 2,114 7,165 11,168 13,600 1,670 650 54 1,888 774 9,874 270 49,631 £3,689 2023 |
£ £ 3,868 40,971 44,839 - 44,839 - 2,475 2,897 10,326 314 1,594 450 45 749 753 5,747 318 25,668 £19,171 2022 |
£ £ 3,868 40,971 44,839 - 44,839 - 2,475 2,897 10,326 314 1,594 450 45 749 753 5,747 318 25,668 £19,171 2022 |
|---|---|---|---|
| 44,839 - |
|||
| 44,839 25,668 |
|||
| £19,171 |
Page 3
TOTTERIDGE VILLAGE HALL A Registered Charity No. 302922
BALANCE SHEET As at 31 August 2023
| 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 2023 CAPITAL ACCOUNT Foundation fund 2 Maintenance fund 3 Accumulated surplus 4 |
£ £ 41,999 4,857 91,894 892 97,643 3,744 3,744 93,899 135,898 40,466 - 95,432 135,898 2023 |
£ £ 42,269 3,463 88,386 1,135 92,984 3,044 3,044 89,940 132,209 40,466 - 91,743 132,209 2022 |
£ £ 42,269 3,463 88,386 1,135 92,984 3,044 3,044 89,940 132,209 40,466 - 91,743 132,209 2022 |
|---|---|---|---|
| 97,643 | 92,984 | ||
| 3,744 | 3,044 | ||
| 3,744 | 3,044 | ||
| 132,209 | |||
| 40,466 - 91,743 |
|||
| 132,209 |
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: February 2024
Page 4
TOTTERIDGE VILLAGE HALL
A Registered Charity No. 302922
NOTES TO THE ACCOUNTS For the year ended 31August 2023
1. TANGIBLE FIXED ASSETS
| Cost At 1 September 2022 Additions At 31 August 2023 Depreciation At 1 September 2022 Charge for the year At 31 August 2023 Net Book Value: At 31 August 2023 At 31 August 2022 |
Land & Furniture & Piano & Total Building Equipment Payphone £ £ £ £ 40,466 29,391 800 70,657 - - - - |
|---|---|
| 40,466 29,391 800 70,657 |
|
| - 27,596 792 28,388 - 269 1 270 |
|
| - 27,865 793 28,658 |
|
| 40,466 1,526 7 41,999 |
|
| 40,466 1,795 8 42,269 |
The Land and Building represents the freehold premises and land vested in the 'Official Trustee'
2 FOUNDATION FUND
| Balance brought forward | 2023 £ 40,466 |
2022 £ 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 2023
| 3. MAINTENANCE FUND At 1 September 2022 Release of provision Provision for future requirements Balance as at 31 August 2023 4. ACCUMULATED SURPLUS At 1 September 2022 Surplus/ (Deficit) for the year At 31 August 2023 |
2023 £ - - - - 2023 £ 91,743 3,689 95,432 |
2022 £ - - - |
|---|---|---|
| - | ||
| 2022 £ 72,572 19,171 |
||
| 91,743 |
Page 6