2024-10-31-accounts - The Staining Village Hall Association

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STAINING VILLAGE HALL ASSOCIATION Registered Charity Number 501322

Report of the Treasurer to the AGM 18[th] March 2025

Finances are healthy and bookings for the year ahead are healthy.

Our balances have decreased slightly £2764 but we have spent quite a lot of money this year on the new sound and lighting system. So without that our balances would have increased by about £10K.

As you will see from the balance sheets consumables have risen but this has been offset by savings in other areas.

I can’t say it’s been an easy year personally coping with the workload involved but we are getting there. I will seriously be looking at an on-line booking system which hopefully make life a little easier.

Trish.

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STAINING VILLAGE HALL ASSOCIATION REGISTERED CHARITY No. 501322
S.V.H.A. RECEIPTS and PAYMENTS ACCOUNT YEAR ENDING 31st. OCT.2024
RECEIPTS 2023-24 2022-23 PAYMENTS 2023-24 2022-23
Opening Balances 1st. Nov. £ £ £ £
Business Resrve Account 70,772 - Buildings Insurance Incl PL 2,061 1,382
Current Account HSBC Bank 16,288 76,369 Building Improvements - 1,333
HSBC Bank Bond 1Yr. 10,973 10,605 Equipment & Furnishings 12,899 1,600
HSBC Bank Bond 2Yr. 36,772 36,772 Consumables 832 307
Debtors/Cash/Cheques Unbanke 2,489 2,099 Utilities 6,804 6,435
Maintenance 1,357 2,415
Receipts in year Cleaning Services 10,410 4,924
Rents 27,161 24,730 Admin incl. Fees & Postage 536 544
Rents Owing 2,882 2,324 Publicity 20
Rentals in advance - 2024/25 129 1,287
Donations - 701
Grants - - Closing Balances 31st.Oct.
Other (3) - - Business Reserve Account 71,160 70,772
Current Account HSBC Bank 11,062 16,288
HSBC Bank Money Market 1Yr.
Utility refunds 11,451 10,973
Bond
Bank Interest Bus Res 1,388 772 HSBC Bank Bond 2Yr. 36,997 36,772
Interest HSBC Bond 1Yr. 478 369 Cash / Unbanked Cheques 1,107 165
Interest HSBC Bond 2Yr. 224 227 Rental owing 2,882 2,324
169,556 156,255 169,556 156,255
S.V.H.A. INCOME & EXPENDITURE REVENUE ACCOUNT YEAR ENDING 31st. OCT. 2024
INCOME 2023-24 2022-23 EXPENDITURE 2023-24 2022-23
£ £ £ £
Rents/Cash in hand/other 27,161 26,719 Buildings Insurance incl. PL 2,061 1,382
Rents Owing 2,882 2,324 Consumables 832 307
Utilities 6,804 6,435
Bank Interest Buss Res 1,388 772 Maintenance 1,357 2,415
Interest HSBC Bond 1Yr. 478 369 Cleaning Services 10,410 4,924
Interest HSBC Bond 2Yr. 224 227 Administration incl. Postage 536 544
Publicity - 20
Balance Income over Expenditure 10,134 14,384
32,133 30,411 32,133 30,411
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S.V.H.A. A/Cs 2023/24 PAGE ONE OF FOUR

STAINING VILLAGE HALL ASSOCIATION REGISTERED CHARITY No. 501322

S.V.H.A. ACCOUNTS YEAR ENDING 31st. OCT.2024 FURTHER CROSS CHECKS

S.V.H.A. RECEIPTS and PAYMENTS ACCOUNT YEAR ENDING 31st. OCT.2024 COVERING ALL OF THE CAPITAL AND REVENUE TRANSACTIONS

INCOME 2023-24 £ Rents/Cash in hand/other 27,161 Rents Owing 2,882 Bank Interest Bus Res 1,388 Interest HSBC Bond 1Yr. 478 Interest HSBC Bond 2Yr. 224 Balance Expenditure over Income	2022-23 £ 26,719 2,324 772 369 227	EXPENDITURE 2023-24 £ Buildings Insurance incl. PL 2,061 Consumables 832 Utilities 6,804 Maintenance 1,357 Cleaning Services 10,410 Administration incl. Postage 536 Publicity - Building Improvements - Equipment & Furnishings 12,899 Balance Income over Expenditure 2,764 -	2022-23 £ 1,382 307 6,435 2,415 4,924 544 20 14,384
32,133	30,411	32,133	30,411

COMPARISON OF OPENING AND CLOSING BANK BALANCES
Opening Balances at Banks 1st. November 2023 £ Bus Res Account HSBC Bank 70,772 Current Account HSBC Bank 16,288 10,974 36,772 HSBC Bank Money Market 1Yr. Bond HSBC Bank Money Market 2Yr. Bond		Closing Balances at Banks 31st. October 2024 £ Current Account HSBC Bank 11,062 Business Reserve Account HSBC 71,160 11,451 36,997 HSBC Bank Money Market 1Yr. Bond Matures 23rd. October 2025 HSBC Bank Money Market 2Yr. Bond Matures 22nd. December 2025
	134,806		130,669
		Closing Balances at Banks -->>>>>>>>>> Opening Balances at Banks -->>>>>>>>>	130,669 134,806
Closing Balances at Banks has Increased by --->>>>>>>>>>>>>			4,137 -
		Movement in Cash and Sums owing Less rentals received in advance Roundings	1,500 129 2
		Balances have increased by	2,764 -

S.V.H.A. A/Cs 2023/24 PAGE TWO OF FOUR

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STAINING VILLAGE HALL ASSOCIATION REGISTERED CHARITY No. 501322
S.V.H.A. ACCOUNTS YEAR ENDING 31st. OCT.2024
BALANCE SHEET
2023-24 2022-23
FIXED ASSETS ( Freehold Building ) £ £ £ £
Village Hall Valuation as at 31st. October 2024 878,107
-
Capital Expenditure this year up to 31st. October 2024
Revaluation of Village Hall ( If applicable state date of revaluation )
878,107 878,107 878,107
EQUIPMENT & FURNISHINGS
Cost value at year ending 31st. Oct. 2021 22,988
Additional cost during last 12 months 12,899
Depreciation 2011 to 2023
Cost value at year ending 31st. October 2022 35,887 35,887 22,988
Total Cost of Fixed Assets to the Association 913,994 901,095
CURRENT ASSETS
Current Account HSBC Bank 11,062
Cash and owing / less receipts in advance 3,861
Business Reserve Account 71,160
HSBC Bank Money Market Bond 1Yr. 22/23 11,451
HSBC Bank Bond 2Yr. 22/24 36,997
Total Current Assets 134,530 134,530 137,295
TOTAL ASSETS 1,048,524 1,038,390
DEDUCT
Current Liabilities - -
NETT ASSETS 1,048,524 1,038,390
REPRESENTED BY 2023-24 2022-23
£ £
Capital Account Balance at 31st October 1,038,390 1,024,006
-
Depreciation on Value of Equipment & Furnishings
Increase in Fixed Assets upon revaluation April 2016
Excess Expenditure over Income
Excess Income over Expenditure over 10,134 14,384
Capital Account Balance at 31st October 1,048,524 1,038,390
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S.V.H.A. A/Cs 2023/24 PAGE THREE OF FOUR

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ members of

Charity Name

STAINING VILLAGE HALL ASSOCIATION

On accounts for the year ended

31st. OCT.2024

Charity no (if any)

501322

Set out on pages

(remember to include the page numbers of additional sheets)

Responsibilities and basis of report

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/10/2024

As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:

accounting records were not kept in accordance with section 130 of the Act or
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. * Please delete the words in the brackets if they do not apply.

Signed:

Date:

27.05.2025

Name:

Paul Swindells

October 2018

IER

Relevant professional qualification(s) or body (if any):

N/A

Address:

61 Poulton Old Road

Blackpool

Lancashire FY3 7LB Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

October 2018

IER