Ellerdine Village Hall Financial Accounts Year Ending 30[th] September 2020
Registered Charity No. 504835
TREASURERS AGM REPORT 2019-20.
This was a year unlike any before. Ellerdine Village Hall (EVH) started the financial year carrying forward a Balance sheet reserve of £63,082.75. This figure was high as most of the funding for the new Foyer and Toilets had been raised or gathered in and the building work had not yet occurred. During the next 5 months to this work was undertaken and paid for. The village hall operated as normal up to Xmas and then closed whilst the building work took place. So by the time of the official opening in March 2020 our reserves had been reduced to just under £13500. Then of course the first lock down occurred and all activity at EVH stopped, and no significant income was generated for the rest of the financial year. Also, many of our expenses, except for insurance, also stopped. So, these figures only cover 3 months of normal activity and the period of paying for the building work.
INCOME
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Income from rentals and donations £ 2,144
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• Income from Grants received £29,950 • Income from Bar and Refreshments £ 1,141 • Income from Fundraising £ 2,370 Total Income £35,606
EXPENDITURE
| • Expenses on Normal Fundraising | Activities | £2,790 |
|---|---|---|
| • Building Improvements | £68,400 | |
| • Building Maintenance | £ 1,461 | |
| • Electric, Water. | £ 1,358 | |
| • Insurance | £ 1,075 | |
| • Sundry Expenses | £ 150 | |
| Total Expenses | £75,234 | |
| Balance Sheet (Cash Reserve) | ||
| Reserve Brought forward | £63,082 | |
| Plus Income | £35,606 | |
| Less Expenditure | - £75,234 | |
| Reserve Carried forward in to 2020/21 | £23,454 |
CONCLUSION
So, at the end of this financial year we have has seen major expenditure on the hall The finances are healthy and were certainly helped by the Government Covid Grant of £10,000 received for the first lockdown .
The current cash value of EVH is a very healthy at £23454.
David Gilham Treasurer 12[th] November 2021.
NB The accounts our held in Sage Line 50, Attached are the following
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1) Profit and Loss for FY 2019-2020
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2) Balance Sheet brought forward
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3) Balance for FY 2019-2020
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4) Independent Examiners Report
I Profit and Loss Date: 1711012021 Tlm•'. LO..44..41 Profft and Loss From: Month l. October 2019 Month 12, Septerntrr 2020 Ch•rt of Accounts: EHV 7.144.43 24,950.42 1,141.50 2,370.50 7,144.43 24.950.42 1,141.50 2,370. urdll Fund GeneratiLN)- B3r and refreshments Fur Genati- Fund RaisiTrJ 35,60&85 35,foJ6.85 0.00 Ditert Ex105 r.haril3tle E¥endltfft- - At of Fund General- Bar Refreshmerts Cost of Fund Ctherau(. FUNI RaisiThJ 106.59 B42.77 1,841.19 It&59 842.77 1,841.19 2,7gXI.55 2.IY).55 ofitl(Loss): 32,816.30 32,81&30 Water Rates Heat, Ught an# PDwer Svrwt C05t5. Printiw and Jikllw mafinnce Insurance ndry Emse$ IkliThJ Irnw0vr*rts 139.19 1,218.96 53.06 1,460.96 1,075.12 97.00 68.40&60 139.19 1,218.% 53.06 1,460.96 1.075.12 97. 68.40QfA) 72,444.89 72,444.89 Net Profit/(Loss): {39,628.S9) 139,62&591
2 Balance sheet al end of FY 2018 10 2019 Date.. 0711012021 Tlrne: 11.'12.'23 EVHI Balance Sheet Page.. Frorn: To: Brought forward Brou9ht forward Chart of Accounts: Ellerdlne Vlllage Hall Year to Date Fixed Assets Current Assets Debtors Deposits and Cash Bank A¢Unt 460.QO 4,168.08 58,952.71 460.00 4,168.08 58,952.71 63.S80.79 63,580.79 Current Llabllltles Creditors '. Short Tem VAT LkAbility 407.76 64.CN) 407.76 64.00 471.76 471.76 Current Assets less Current Liabilities: 63,109.03 63,109.D3 63,109.03 63,109.03 Total Assets le Current Llabllltles: Li)ng Term Liabllltles 0.00 Total Assets less Total LIabIlle$, 63.109.03 63,109.03 Capit•l & Reserves Funds 63,082.75 63,082.75 P & L Account 63,082.75 63,082.75
3 Balance Sheet D•t•: 1711012021 TIME: 10.'41..32 Balance Sheet Fmrn.. I, (ktcthr 20L9 Nonth 12, &Oembw 2020 EHV D&¢ors I2.00) IB02.181 0.00 64.00 I70.) 3.365. 20.230.55 6ènk kCjnt VAT Ltatilty 11.028.181 Current Uabilities 23.766.45 ink ACnt 195.471 38,722.16 312.29 38,626.69 139.654.87) 139,654.871 312.29 23,454.16 23,454.16 Totsl Amets lets Uablllbu.. Terni LIabtI 0.00 139.654.871 0.00 23.454.16 Fwd5 P&Ll£c¢ 6J.082.75 139.62&591 (39,62&591 139,62&591 23,454.16
4 Independent Examiners Report Katrina Baker Oaklands, Waters Upton, Telford TF6 6NP 01952 541939 I" No¥ember 2021 The Chalm)an ènd Members Ellerdine Willage Hall Management Commlttee Dear All INDEPENDENT EXAMINATION Juld flrst like to thank your Treasurer, Mr D Gllham. for provldini access to the attounts In orderfor me to undertake an Independent Examlnatlon for the year I" October 2019 to 30 Septèmber 2020. Durfn8 my vlstt. I was able to Inspert various income and expenditure transactlons, with involces. cheque books and bank strtements avaSlable for audlt purposes. Mr Gllham was able to anp*er some of my questlons and provSde the relevant tnfornHtlon. l am In recelpt of the Balance Sheet dated 17 October 2021 and can conftrm that l om conf5dent that thls approprlately represents thè financlal posltSon at the end of September 2020. Mr Gllham and I d5scussed some su8gested amendrnents to the accountin8 process. whSth you milht find useful. Kind regards Katrina Baker