## **Jacobs Well Village Hall Trust** ## **Report of the Trustees for the year ended** ## **30[th] June 2022** The Trust is in place to serve the residents of Jacobs Well and the surrounding communities in maintaining the Village Hall and grounds. This involves managing the Hall, the provision of a venue for the community organization to gather and socialise, and to manage lettings of the hall to ensure that the financial resources, are available to maintain the fabric and the operation of the hall. The Trustees meet as required and also communicate via email and telephone to consider the management of the Hall and review its finances. The activities in the hall were seriously restricted during the periods of Initially, the Hire income was reduced due to the Covid 19 lockdown. However certain expenses and operational costs still had to be met, e.g., insurance, the security system, background heating and daily checks by the Hall Manager. The trustees monitored these costs closely and reduced them as much as possible. When covid lockdown restrictions began to be eased, the Trustee progressively opened up the premises to hirers. Due to the social distancing requirements in force, the hire rates were reduced to reflect the reduced occupancy that could be accommodated. The trust applied for, and received a “Covid19 support grant” in the 2020/21 accounting year, and a further lesser grant in the year currently being reported. Activity in the Hall made a stuttering start in the Autumn of 2021 but picked up quickly. This enabled us to show a heathy surplus for the year ended June 2022. And indications are that this recovery is continuing into the year 2022-2023’ The trustees are aware that a number of aspects of the fabric of the hall will require serious attention and expenditure in the next few years. Some “running repairs” have been required and are continuing. These anticipated expenses, together with the knowledge that of the regular utility costs will be increasing, have pushed the Trustees into raising the Hall hire charges to cover these anticipated increases. The Trustees are exploring the possibilities of reducing the impact of the costs of Gas and electricity by controlling the usage in the Hall and to attempt to establish our own source of power generation. Jacobs Well Village Hall Trust Balance Sheet (cont) Represented by Flxed Assets 2020121 2021122 Vlllage Hall and Car Park 39924.31 Net Book value as at l July 2021 Additions this year Less Grant Aid received Amortisation at 5% Net Book value as at 30 June 2021 37928.09 1996.22 37928.09 1896.40 36031.69 Furniture and Equipment 4691.15 Net Book value as at l July 2019 Additions this year Amortisation at 15% Net Book value as at 30 June 2020 3987.48 703.67 3987.48 598.12 3389.36 41915.57 Total Fl¥ed Assets 39421.05 Current Assets 3705.13 1944.08 11603.72 Current Bank Accounts no. I Current Bank Accounts no. 2 Business Saver Account Debtors Floats for Office Holders 20528.11 3790.66 14272.67 iTh).00 loo. 17352.93 Total Current Assets 38691.44 Current Liabllltles C￿dItorS 774.21 Expenses Accruals 652.37 16578.72 Net Current Assets 38039.07 58494.29 Total Assets as at 30 June 2019 77460.12 JACOBS WELL VILLAGE HALL TRUST Balance Sheet as at 30 June 2022 Accurnulated Fund I￿20/21 20211122 66219.36 Accumulated Reserve brought forward 58494.29 as at l July 2021 -7725.07 Excess of income over expenditure for the year 18965.83 Accumulated reserve carried forward as at 30June 2022 77460.12 58494.29 Signed: Treasurer 8th November 2022 Jacobs Well Village Hall Trust INCOME AND EXPENDrruREACCOUNT FOR THE YEAR ENDED 30TH JUNE 2022 2020121 2021122 5073.28 -1252.CK) 3821.28 1.15 53.tjj IC￿0.00 250.IX) Hall Rentsl Refunds Hire income net of refunds Bank interest Lottery contributions Covid Grant SCC grant 49178.53 404.CKI 48774.53 1.95 52.(K) 2667.00 14125.43 51495.48 Expenditu 3613.58 2577.16 3035.28 1407.35 3659.08 1098.60 1896.07 604.80 300.00 958.69 Contract adrnin services Hall cleanin8 servi￿5 and materials Insurance Refuse collection and dsposal Utilities Alarm system Premises maintenance and repalrs Internet line and ISP Independent Examiner fee PRSIPPL music licen 5576.08 6840.00 3103.78 1409.50 7740.60 543.79 2951.41 604.80 3￿.(M) 965.20 19150.61 30035.16 -5025.18 21460.32 -2699.89 Amortisation for the year 2494.52 -7725.07 Excess of income over expenditure after arnortisation 18965.80 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Re Report lo the trusteesl mgmbers of etCo6£ (J£LL tfiLLA£& iahLL fRuST On accounts for the year ond•d 3c>tk TU lola Charity no (rf any) 30106 Set out on pages *D SIK numbors ot a shee I reFQrt to the trustees on my examination of the acuunts of the atth chanty (Ihe Trust'l for th8 year ended Ro•ponsibilities and As the ¢harity INSt￿ of the Trust. you are responsible for the preparation basis of report of the accounts in ar￿ance ¥￿th the requirements ofthe Charities Act 2011 {Ihe hrf). I report in respect of my examination of the Trusfs accounts carried out under seCt￿n 145 of Ihe 2011 Act and in carying out rny examination, I have followpd the applicable Dire¢lN)ns given by the Charty Commission under Sect￿ 1451511bl of the IA Independent I have ￿Mpleted my examination. I confimi that no materi81 matters have •xaminorf• stat•m•nt come to my attent￿n lothor dwlg&od tdow ') in connectbon with the examination *thich gives me ￿￿$8 to believe that in. any mat6ri81 resp8cL accounlirKJ re￿￿lS not kept in a¢cc*dance ￿th 88Ction 130 of the A£t or tho acc4yJnts do not ￿￿d *ilh the a￿￿ntIng r￿OrdS I have no concems and hav8 come acmss no other matters in connection th the examination lo *thich attention ghould be drawn in order to enable proper underntsThJing of the accounts lo be reached. ' P168so del818 the wonls in the brackets rfthey cb not apply. Slgnod: Dat•: Name: so Relevant professional qualificationls) or body (If any): Addr018: /￿E￿& ¥￿3 IER O¢tober 2018