Profit & Loss
COMPTON MARTIN VILLAGE HALL
Accounting Year 2024/25
| Debit | Credit | |
|---|---|---|
| Turnover | 39,207 | |
| Donations | 600 | |
| Grants | 21,306 | |
| Event revenue | 4,480 | |
| Hall Hire | 12,213 | |
| Car Parking Space Hire | 600 | |
| Wayleave | 9 | |
| addOther Income | 1,479 | |
| Interest Received | 1,479 | |
| Gross Profit | 40,686 | |
| lessAdministration Expenses | 43,092 | |
| Bar Stock | 1,779 | |
| Gas | 2,429 | |
| Electricity | 1,241 | |
| Water | 330 | |
| Cleaning | 2,871 | |
| Refuse Collection | 639 | |
| Hall Repairs | 559 | |
| Hall Servicing | 615 | |
| Hall Supplies | 201 | |
| Field & Hedge Cutting | 2,832 | |
| Play Area Safety | 312 | |
| Fire Safety Inspection | 66 | |
| Web Hosting | 152 | |
| Booking System | 265 | |
| PRS License | 121 | |
| Alcohol License | 70 | |
| Mobile Phones | 195 |
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| Stationery | 10 | |
|---|---|---|
| Opening Balance Write-Offs | 423 | |
| Insurance | 892 | |
| 2023/24 Expenses | 133 | |
| External electricity supply | 1,720 | |
| Hall insulation works | 17,135 | |
| Hall lighting upgrade | 7,883 | |
| Sound system | 221 | |
| lessBad Debts | 487 | |
| Bad Debts Written Off | 487 | |
| Operating Profit | -£2,893 | |
| lessDrawings | -£1,387 | |
| lessProfit & Loss journal entries | £742 | |
| Retained Profit this period: | -£3,635 | |
| Retained Profit brought forward: | £5,829 | |
| Distributable Reserves / Retained Profit carried forward: | £2,194 |
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Balance Sheet
COMPTON MARTIN VILLAGE HALL
As at 31 March 2025
| £ | £ | |
|---|---|---|
| Capital Assets | ||
| Land and Property Brought Forward | 80,574 | |
| Net Book Value | 80,574 | |
| Current Assets | 34,302 | |
| Petty Cash | 97 | |
| Stock | 385 | |
| Trade Debtors | 273 | |
| Other Debtors | 1,131 | |
| Bank Account: Business Current Account | 5,548 | |
| Bank Account: COIF Account | 26,867 | |
| lessCurrent Liabilities | 1,462 | |
| Accruals | 725 | |
| Debtors Provision | 487 | |
| Hire Deposits | 250 | |
| Net Current Assets | £32,840 | |
| Total Assets | £113,414 | |
| Owner's Equity | ||
| Maintenance Reserve | 5,624 | |
| Restricted Funds - Pockson Legacy | 23,578 | |
| Revaluation Reserve | 79,374 | |
| Restricted Funds - Bench Donations | 1,257 | |
| Restricted Funds - Play Area | 1,387 | |
| Retained Profit | 2,194 | |
| Total Owner's Equity | £113,414 |
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