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2024-12-31-accounts

CONNAUGHT HALL MANAGEMENT COMMITTEE

Unaudited Financial Statements

For the year ended 31 December 2024

CONNAUGHT HALL MANAGEMENT COMMITTEE

Financial statements for the year ended 31 December 2024

Contents
Page
General Information 1
Accountants Report 2
Profit and Loss Account 3
Balance Sheet 4
Tangible Fixed Assets Schedule 5
List of Donation received 6

CONNAUGHT HALL MANAGEMENT COMMITTEE

Financial Statements for the year ended 31 December 2024

General Information

ADDRESS:

Connaught Hall Station Road Attleborough Norfolk NR17 2AS

ACCOUNTANTS:

TaxAssist Accountants Wymondham Business Centre Unit 4G Eleven Mile Lane Suton NR18 9JL

Page 1

ACCOUNTANTS' REPORT TO

CONNAUGHT HALL MANAGEMENT COMMITTEE

In accordance with instructions given to us we have prepared, without carrying out an audit, the annexed financial statements from the accounting records of Connaught Hall Management Committee and from information and explanations supplied to us.

TaxAssist Accountants Wymondham Business Centre Unit 4G Eleven Mile Lane Suton NR18 9JL

Date: .............................

Page 2

CONNAUGHT HALL MANAGEMENT COMMITTEE

Profit and loss account for the year ended 31st December 2024

Income
Lettings
Car Park Hire
Other income
Interest Receivable
Expenditure
Rates
Water Charges
Insurance
Electricity & Gas
Wages & National Insurance
Licenses & Subscriptions
Telephone
Postage & Stationary
Travelling
Property Repairs
Bank charges
Accountancy
Depreciation of tangible fixed assets
Freehold Property
Equipment
NET PROFIT / (LOSS)
2024
£
24,387
4,851
2,000
3
4,260
1,211
1,920
9,801
6,579
171
625
69
109
19,678
80
150
587
5,676
£
31,241
50,915
(19,674)
2023
£
15,795
8,160
26,325
3
3,396
2,350
1,736
11,365
4,348
159
1,493
558
9
12,559
67
150
587
6,382
£
50,282
45,159
5,124

Page 3

CONNAUGHT HALL MANAGEMENT COMMITTEE

Balance sheet as at 31 December 2024

Fixed assets
Buildings
Equipment
Current assets
Debtors & Prepayments
Investments
Bank Account
Investment Bond
Current liabilities
Creditors & Accruals
Net assets
Financed by
Capital account
Brought Forward
Net (Loss) / Profit for the year
Transfer from Trustee funds
2024
£
£
18,142
29,721
47,863
22,548
27
21,902
15,000
59,477
2,787
2,787
56,690
104,554
124,229
(19,674)
-
104,554
104,554
2023
£
18,729
34,598
25,729
27
32,782
15,000
73,538
2,636
2,636
119,105
5,124
-
£
53,327
70,902
124,229
124,229
124,229

Page 4

CONNAUGHT HALL MANAGEMENT COMMITTEE

Tangible fixed assets schedule as at 31st December 2024

COST
At 1st January 2024
Additions in the year
As at 31 December 2024
DEPRECIATION
At 1st January 2024
Charge for Year
As at 31 December 2024
NET BOOK VALUE
As at 31 December 2024
As at 31 December 2023
Buildings
£
29,324
0
29,324
10,595
587
11,182
18,142
18,729
Equipment
£
54,678
799
55,477
20,080
5,676
25,756
29,721
34,598
Totals
£
84,002
799
84,801
30,675
6,263
36,938
47,863
53,327

Page 5