– Buxhall Village Hall Management Committee Treasurers Summary Report for 2024.
1. Great fundraising year with a total of £3922 raised through our tearoom, fun quizes and donation from Elmswell bingo. All being earmarked for the refurbishment of the village hall.
2. Hall bookings went up by £1121 from last year.
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Little Ernie receipts increased by £330.
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The surplus for 2024 is skewed due to the receipt of the MSDC grant of £11,030.26 for the kitchen being received in January 2024 when we had already paid out most of the expenses for the kitchen.
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Thanks to Hilary for her grant writing skills she secured the above grant for the village hall as well as living well in winter £1638.79 and the MSDC grant for the feasibility study of £4836. You can see how the monies have been spent using the notes to the accounts.
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The biggest expense was in obtaining the feasibility study. The initial costs have been covered by the grant. Ben Nicol is now keeping a close eye on any work we would like to complete and the costs that may be incurred.
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The other big expense has been buying equipment for the tearoom – again mostly covered by the Keep Warm in Winter grant.
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The grants have kept us in a very good position financially.
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We transferred the bulk of our money to Barclays savings account, pending opening a savings account with Wise Bank an online bank.
| Receipts and Payments 2024 | Notes | 2024 | 2023 | |||
|---|---|---|---|---|---|---|
| Receipts | £ | £ | ||||
| Hall Hire Fees | 1 | 2854.95 | 1746 | |||
| Electricity meter receipts | 600 | 318 | ||||
| Amazon Credits | 46 | |||||
| Grants | 2 | 17505.05 | ||||
| Mid Sufolk Recycling credits | 40.74 | 42 | ||||
| Quiz Night Donations | 829 | 802 | ||||
| Events | 3 | 867.24 | ||||
| Table Tennis | 50 | |||||
| Donations | 4 | 854 | 508 | |||
| Tea Rooms | 2948.75 | 1736 | ||||
| BPC roof donation | 13897 | |||||
| Little Ernie Draw Receipts | 1870 | 1540 | ||||
| Bank Interest | 28.48 | |||||
| £28,398.21 | ||||||
| Payments | ||||||
| Water Rates | 276 | 172 | ||||
| Electricity | 5 | 946.01 | 515 | |||
| Cleaning | 312.98 | 175 | ||||
| LA License | 70 | 567 | ||||
| Fire Safety | 6 | 1189.32 | 186 | |||
| First Aid | 151 | |||||
| Insurance | 739.77 | 619 | ||||
| Kitchen Refurbishment | 15255 | |||||
| Repairs & Maintenance | 1662.98 | 14138 | ||||
| Tea Room Expenses | 737.32 | 234 | ||||
| Stationery and sundries | 194.11 | 89 | ||||
| New equipment | 7 | 3253.51 | 2395 | |||
| Little Ernie Draw Prizes | 760 | 965 | ||||
| Services | 8 | 3806 | ||||
| Stephanie Carr Evening | 3 | 468.71 | ||||
| Excess of (Payments)/Receipts for the year | 14416.71 | |||||
| Balance Sheet as at 31 December 2024 | 2024 | 2023 | ||||
| Assets | ||||||
| Village Hall Barclays Community Account | 4014.85 | 23619 | ||||
| Little Ernie Barclays Bank Account | 1600 | 1104 | ||||
| Village Hall Barclays savings account | 33028.48 | |||||
| Tea Room Cash Float | 132.20 | 61 | ||||
| Income not yet banked | 9 | 174.97 | 185 | |||
| 38950.50 | 24969 | |||||
| Representing | ||||||
| Accumulated Fund | ||||||
| Balance at 1st January 2023/ 24 | 24,969.00 | 39,745.00 | ||||
| Add defcit surplus for the year | 13,981.50 | -14,776.00 | ||||
| Balance at 31 December 24 | 38,950.50 | 24,969.00 |
20685 35461 .£14,776
Independent Examiner's R8POrt to the Trustees of Buxhall Village Hall I report to the trustees on my examination of the Charity's accounts, prepared on the Receipts and Payments basis. for the year ended 31" December 2024. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in any material respect: The accounts do not accord with the accounting records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enabLe a proper understanding of the accounts to be reached. Mrj Biles MulLetts Farm Brettenham Road Buxhall Stowmarket Suffolk IP143DX 3 July 2025