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2022-12-31-accounts

SOUTH WALSHAM VILLAGE HALL COMMUNITY LEISURE AND SPORT FACILITY

South Walsham Village Hall, School Road, South Walsham, Norwich. NR13 6DZ. Registered Charity 304069

AGM Chairmans Report 2023

.The last 12 months have been one of growth following the pandemic

The Viking bar continues to grow and is the life blood of the hall and will hopefully sustain the .future of the hall for many years to come

.Rising costs have been a concern, our electric bill alone has basically doubled

The changing rooms have finally been finished following the move over to 3 phase electric which was required to power the new electric showers. This has taken a considerable amount .of time due to problems with the supplier to the hall, which thankfully is now resolved

The hall is on a secure financial footing with reserves for a rainy day, should the need arise, that said the next 12 months will present several challenges for the trustees as the roof of the hall requires serious attention. The quotes for this so far are around £35,000 which will have .to be grant funded

The playing field continues to improve, mainly due to new machinery purchased a few years .ago

.I would like to place on record my thanks to the trustees for their hard work this last year .My thanks to Steve Grey who stood down earlier this year

I would like to give special thanks to Tom Laxon who stood down earlier this year as a trustee for all his hard work. Tom worked very hard at running bars and general maintenance, .especially on what is now the cricket pavilion

After a great deal of consideration I have decided to stand down as Chairman and trustee of the hall. I have always tried to work in the best interests of the hall and estimate that during my time as Chairman I have raised a conservative figure of £80,000 in grants to improve things at the hall. All of this work was completed in my own time usually until late in the .evenings

That said I have put a great deal of time and effort into running the hall and sacrificed much often at short notice and to the detriment of my family to simply walk away at this time and .will stay with the hall until new trustees are appointed to replace the current team

I should point out that I have taken advice from Community Action Norfolk regarding the trustees going forward and should there be insufficient volunteers to form a new committee, the current trustees will remain in place, as we have a duty to leave the Charity in a condition where it can continue to run and we could be held liable if we knowingly leave it without a team to do so

SOUTH WALSHAM VILLAGE HALL COMMUNITY LEISURE AND SPORT FACILITY South Walsham Village Hall. School Road, Souih Walsharn. Norwich. NR13 6DZ. Registered Charity 304069 T￿aSureS rewjrt. I can confirm that the accounts for the treasurers account have been audited by Graver & Co, Brundall We started 2022 with a balance of £22,049.17 p and ended the year with balance of £23,511.78p. Taking into account our current loan liabilities. we have a reserve of £16,227.47p. A complete copy ol the audited accounts will be attached to the minutes of this meeting and uploaded to the charity commission website.

SOUTH WALSHAM VILLAGE HALL SCHOOL ROAD SOUTH WALSHAM

YEAR ENDED 31ST DECEMBER 2022

GRAVER & CO

Accountants 2 Station Road Brundall Norwich NR13 5LA

SOUTH WALSHAM VILLAGE HALL

SCHOOL ROAD SOUTH WALSHAM

INCOME & EXPENDITURE ACCOUNT

YEAR ENDED 31ST DECEMBER 2022

Income
£
Bar Takings
42541.54
Less
:Purchases
22953.63
Fireworks
6091.00
Less
:Purchases
1450.86
Grants Received
19176.00
Less
:Changing Rooms Upgrade
21795.20
Hall Hire
17300.92
Football Pitch Hire
2174.90
Grass Cutting
1324.95
Expenditure
Wages
3043.50
Rates
1925.48
Advertising
769.03
Cleaning Labour
5362.00
Cleaning Materials
969.87
Ground maintenance
8912.86
Repairs & Maintenance -
General
2829.57
- Electrical
659.13
New Equipment
313.20
Insurance
2623.46
Light & Heat
6272.90
Card Charges
874.85
Office/Administrative
1051.35
Telephone
484.58
Postage & Stationery
137.46
Subscriptions
159.00
PPL/PRS
484.78
Prof Fees
32.48
Waste Collection
688.29
Fund Raising
938.51
Loan Interest
225.47
Sundry
191.68
EXCESS OF INCOME OVER EXPENDITURE IN THE PERIOD
£
42541.54
22953.63
£
19587.91
4640.14
-2619.20
20800.77
6091.00
1450.86
19176.00
21795.20
17300.92
2174.90
1324.95
3043.50
1925.48
769.03
5362.00
969.87
8912.86
2829.57
659.13
313.20
2623.46
6272.90
874.85
1051.35
484.58
137.46
159.00
484.78
32.48
688.29
938.51
225.47
191.68
42409.62
38949.45
3460.17

SOUTH WALSHAM VILLAGE HALL

SCHOOL ROAD SOUTH WALSHAM

BALANCE SHEET 31ST DECEMBER 2022

£ £ LLoyds Bank Account 23511.78

Current Assets

Less Current Liabilities

Bank Loan 7284.21

Assets less Liabilities
Represented by
Excess/Deficit In Year
Reserves
16227.57
16227.57
3460.17
12767.40
16227.57

SOUTH WALSHAM VILLAGE HALL

SCHOOL ROAD SOUTH WALSHAM

REPORT OF THE ACCOUNTANTS TO THE MEMBERS OF

SOUTH WALSHAM VILLAGE HALL

We have reviewed the accounts of the South Walsham Village Hall for the year ended 31st December 2022. Our procedures consisted of comparing the accounts with the accounting records kept by the South Walsham Village Hall, and making such limited enquiries of the Committee as we considered necessary for the purposes of this report. These procedures provide only the assurance expressed in our opinion.

In our opinion, taking into account the above note, the accounts prepared, completed on a cash basis, give a true and fair view of the state of affairs of the South Walsham Village Hall at 31st December 2022 and of its excess of income over expenditure for the period.

GRAVER & CO LIMITED

2 Station Road Brundall Norwich NR13 5LA

Date 13th June 2023……