KINGSLEY AND NEWTON VILLAGE INSTITUTE
CHARITY NO: 517740
ANNUAL REPORT TO YEAR ENDED 30 APRIL 2024
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Kingsley and Newton Village Institute is a village sports and social events venue. The two tennis courts are used regularly and both now have floodlights; the bowling green is well used and when the summer season ends indoor bowls are played in the hall. We now have a Snooker section, with regular snooker evenings. The hall is used for regular quiz nights and line dancing and many one-off events.
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Some significant projects have been undertaken.
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a. The two tennis courts have been joined together and fencing repairs undertaken.
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b. Floodlights have been installed on court 2.
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c. New edging has been provided on three edges of the bowling green.
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d. CCTV has been installed for everyone’s protection.
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The Charity has been in robust financial health during this period. The 202324 annual accounts show a surplus of £8,391, compared to a deficit of £633 in 2022-23.
The surplus benefited from a receipt of £14,800 from National Grid, being compensation for the power lines which cross KNVI site. This is a oneoff receipt.
Subscriptions declined by 7% to £6959. Private booking income came mainly from a book group meeting monthly. Activities showed a loss of £1277 compared to a break even result last year.
The contribution from the bar increased from £4499 to £7545, at a margin of 53% compared to 49% last year. Volunteers look after the bar for events. Catering and events contribution was £339 compared to £229 last year.
Excluding the depreciation charge, the cost of running the facilities was £12,850, compared to £7691 last year. Heating and lighting costs increased by £1120 and more was spent on repairs and servicing at £3190 increase of which £2,400 was for tennis court fencing. Cleaning and insurance costs were also higher.
The bank balance was £28,917 at the end of the year, an increase from £24,286 at the beginning of the year.
- The Institute ran smoothly during the year through the voluntary work of 4 Trustees and a number of other volunteers who do work around the building and grounds throughout the year.
7
KINGSLEY & NEWTON VILLAGE INSTITUTE
ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2024
Income & Expenditure Account
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|||||||
|---|---|---|---|---|---|
|Year|to|Year|to|
|30|Apr|24|30|Apr|23|
|Income|Direct|Surplus/|Income|Direct|Surplus/|
|Costs|(Deficit)|Costs|(Deficit)|
|£|£|£|£|£|£|
|FRIENDS’|SUBSCRIPTIONS|6958.50|6958.50|7490.75|7490.75|
|BOOKINGS|
|Bookings|-|private|280.00|363.00|
|280.00|280.00|363.00|363.00|
|ACTIVITIES|
|Bowls-|outdoor|1017.50|2235.03|1318.00|1825.10|
|Bowls|-|indoor|155.00|169.00|
|Snooker|0.00|
|Tennis|486.50|1075.48|970.31|797.78|
|Quiz|374.50|163.77|
|Line|Dancing|
|2033.50|3310.51|-1277.01|2621.08|2622.88|-1.80|
|Interest|0.00|2.17|2.17|
|BAR|
|Takings|12011.35|7960.34|
|Private|bar|2324.30|1205.78|
|World|Pay|611.52|588.34|
|Purchases|6178.64|4078.99|
|14335.65|6790.16|7545.49|9166.12|4667.33|4498.79|
|CATERING|&|EVENTS|
|Income|461.43|1089.50|
|Costs|122.77|860.35|
|461.43|122.77|338.66|1089.50|860.35|229.15|
|FACILITIES|COSTS|
|Water &|wastewater|436.75|463.21|
|Electricity|940.81|616.21|
|Gas|2487.11|1691.48|
|Broadband|446.13|528.34|
|Alarm|security|151.51|257.62|
|Repairs|and|Servicing|1155.05|365.28|
|Tennis|court fence|repair|2400.00|0.00|
|Security|lighting|353.96|
|‘|PRS/PPL|150.96|166.85|
|Window|cleaner|260.00|220.00|
|Gardener|1135.00|1065.00|
|Cleaner|1268.35|868.00|
|Surveyor's|fee|615.01|0.00|
|Insurance|1283.97|975.03|
|Licences|120.00|120.00|
|Depreciation|7421.59|-20272.24|5543.84|-13234.82|
|24069.08|3049568|-6426.60|20732.62|21385.38|-652.76|
|DONATIONS|&|EXCEPTIONAL|RECEIPTS|
|Lockdown|Grants|0.00|0.00|
|Donations|17.50|20.00|
|National|Grid|Compensation|receipt|14800.00|0.00|
|14817.50|14817.50|20.00|20.00|
|38886.58|30495.68|20752.62|21385.38|
|SURPLUS/(DEFICIT)|FOR|THE YEAR|8390.90|-632.76|
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KINGSLEY & NEWTON VILLAGE INSTITUTE
ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2024
| Balance Sheet | ||||||
|---|---|---|---|---|---|---|
| 30 April | 30 April | |||||
| 2024 | 2023 | |||||
| FixedAssets Cost Grants Accumulated depreciation NetBookValue |
£ 155031.35 -100391.92 -17560.95 |
£ 37078.48 |
£ 144274.55 -100391.92 -10139.36 |
£ 33743.27 |
||
| CurrentAssets | ||||||
| Insurance prepayment Otherprepayments Barfloat Barstock Bank current account Bank reserve account |
1088.73 680.39 400.00 1360.00 28917.48 0.00 |
1066.23 1295.40 337.00 1011.00 24286.28 0.00 |
||||
| Current Liabilities | 32446.60 | 27995.91 | ||||
| 2024/25 subscriptions paid in advance | -4490.00 | ~3895.00 | ||||
| -4490.00 | -3895.00 | |||||
| Long term liabilities | ||||||
| Loanfrom Cheshire LTA | -2200.00 | -3400.00 | ||||
| 62835.08 | 54444.18 | |||||
| Financed by:- | ||||||
| Balance broughtforward Surplus/(Deficit) fortheyear Transfer Balancecarriedforward |
Retained Surplus 52944.18 8390.90 -750.00 60585.08 |
Floodlights SinkingFund 1500.00 750.00 2250.00 |
54444.18 8390.90 0.00 62835.08 |
Retained Surplus 54326.94 -632.76 -750.00 52944.18 |
Floodlights Sinking Fund 750.00 750.00 1500.00 |
55076.94 -632.76 0.00 54444,18 |
Treasurer
Elizabeth Batey 4[7][Uy][{Jom][Vi] ft[L]
a
t
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KINGSLEY & NEWTON VILLAGE INSTITUTE
ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2024
Notes to the Accounts
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||||||||||
|---|---|---|---|---|---|---|---|---|
|Note|1.|Fixed|Assets|2024|2023|
|refurbishm'tBuilding|Tennis|Bowling|Car|Total|Total|
|Courts|Green|park|
|Cost|£|£|£|£|£|£|
|1|May 2023|68857.58|48176.20|8970.77|18270.00|144274.55|123167.05|
|Grants|46939.92|36000.00|0.00|17452.00|100391.92|100391.92|
|Net cost|21917.66|12176.20|8970.77|818.00|43882.63|22775.13|
|Additions|3769.20|2400.00|4587.60|0.00|10756.80|21107.50|
|Cost 30 April 2024|25686.86|14576.20|13558.37|818.00|54639.43|43882.63|
|Acc Depreciation|1|May 2023|6267.85|3037.86|424.65|409.00|10139.36|4595.52|
|AccChargeDepreciation for year|30|April 2024|10185.623917.77|5350.482312.62|1534.051109.40|490.8081.80|17560.951421.59|10139.365543.84|
|Net book value 30 April|2024|15501.24|9225.72|12024.32|327.20|37078.48|33743.27|
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INDEPENDENT EXAMINER’S REPORT TO THE MEMBERS OF KINGSLEY & NEWTON VILLAGE INSTITUTE
ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2024
Respective responsibilities of trustees and examiner
KNVI's trustees are responsible for the preparation of the accounts. KNVI’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:
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e examine the accounts under section 145 of the Charities Act,
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e to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
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e to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention
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which gives me reasonable cause to believe that in, any material respect, the requirements: e to keep accounting records in accordance with section 130 of the Charities Act; and e to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
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have not been met; or
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7:
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2. to which, in my opinion, attention should be drawn in order to enable a proper understanding
of the accounts to be reached.
Z|}fi f?o \
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John Czerwonka
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6 Church Street Clitheroe, Lancs, BB7 2DG
A]
“ ry) AD 7#
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7
KINGSLEY & NEWTON VILLAGE INSTITUTE
ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2024
Income & Expenditure Account
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|||||||
|---|---|---|---|---|---|
|Year|to|Year|to|
|30|Apr|24|30|Apr|23|
|Income|Direct|Surplus/|Income|Direct|Surplus/|
|Costs|(Deficit)|Costs|(Deficit)|
|£|£|£|£|£|£|
|FRIENDS’|SUBSCRIPTIONS|6958.50|6958.50|7490.75|7490.75|
|BOOKINGS|
|Bookings|-|private|280.00|363.00|
|280.00|280.00|363.00|363.00|
|ACTIVITIES|
|Bowls-|outdoor|1017.50|2235.03|1318.00|1825.10|
|Bowls|-|indoor|155.00|169.00|
|Snooker|0.00|
|Tennis|486.50|1075.48|970.31|797.78|
|Quiz|374.50|163.77|
|Line|Dancing|
|2033.50|3310.51|-1277.01|2621.08|2622.88|-1.80|
|Interest|0.00|2.17|2.17|
|BAR|
|Takings|12011.35|7960.34|
|Private|bar|2324.30|1205.78|
|World|Pay|611.52|588.34|
|Purchases|6178.64|4078.99|
|14335.65|6790.16|7545.49|9166.12|4667.33|4498.79|
|CATERING|&|EVENTS|
|Income|461.43|1089.50|
|Costs|122.77|860.35|
|461.43|122.77|338.66|1089.50|860.35|229.15|
|FACILITIES|COSTS|
|Water &|wastewater|436.75|463.21|
|Electricity|940.81|616.21|
|Gas|2487.11|1691.48|
|Broadband|446.13|528.34|
|Alarm|security|151.51|257.62|
|Repairs|and|Servicing|1155.05|365.28|
|Tennis|court fence|repair|2400.00|0.00|
|Security|lighting|353.96|
|‘|PRS/PPL|150.96|166.85|
|Window|cleaner|260.00|220.00|
|Gardener|1135.00|1065.00|
|Cleaner|1268.35|868.00|
|Surveyor's|fee|615.01|0.00|
|Insurance|1283.97|975.03|
|Licences|120.00|120.00|
|Depreciation|7421.59|-20272.24|5543.84|-13234.82|
|24069.08|3049568|-6426.60|20732.62|21385.38|-652.76|
|DONATIONS|&|EXCEPTIONAL|RECEIPTS|
|Lockdown|Grants|0.00|0.00|
|Donations|17.50|20.00|
|National|Grid|Compensation|receipt|14800.00|0.00|
|14817.50|14817.50|20.00|20.00|
|38886.58|30495.68|20752.62|21385.38|
|SURPLUS/(DEFICIT)|FOR|THE YEAR|8390.90|-632.76|
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KINGSLEY & NEWTON VILLAGE INSTITUTE
ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2024
| Balance Sheet | ||||||
|---|---|---|---|---|---|---|
| 30 April | 30 April | |||||
| 2024 | 2023 | |||||
| FixedAssets Cost Grants Accumulated depreciation NetBookValue |
£ 155031.35 -100391.92 -17560.95 |
£ 37078.48 |
£ 144274.55 -100391.92 -10139.36 |
£ 33743.27 |
||
| CurrentAssets | ||||||
| Insurance prepayment Otherprepayments Barfloat Barstock Bank current account Bank reserve account |
1088.73 680.39 400.00 1360.00 28917.48 0.00 |
1066.23 1295.40 337.00 1011.00 24286.28 0.00 |
||||
| Current Liabilities | 32446.60 | 27995.91 | ||||
| 2024/25 subscriptions paid in advance | -4490.00 | ~3895.00 | ||||
| -4490.00 | -3895.00 | |||||
| Long term liabilities | ||||||
| Loanfrom Cheshire LTA | -2200.00 | -3400.00 | ||||
| 62835.08 | 54444.18 | |||||
| Financed by:- | ||||||
| Balance broughtforward Surplus/(Deficit) fortheyear Transfer Balancecarriedforward |
Retained Surplus 52944.18 8390.90 -750.00 60585.08 |
Floodlights SinkingFund 1500.00 750.00 2250.00 |
54444.18 8390.90 0.00 62835.08 |
Retained Surplus 54326.94 -632.76 -750.00 52944.18 |
Floodlights Sinking Fund 750.00 750.00 1500.00 |
55076.94 -632.76 0.00 54444,18 |
Treasurer
Elizabeth Batey 4[7][Uy][{Jom][Vi] ft[L]
a
t
| | | | | |
KINGSLEY & NEWTON VILLAGE INSTITUTE
ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2024
Notes to the Accounts
----- Start of picture text -----
||||||||||
|---|---|---|---|---|---|---|---|---|
|Note|1.|Fixed|Assets|2024|2023|
|refurbishm'tBuilding|Tennis|Bowling|Car|Total|Total|
|Courts|Green|park|
|Cost|£|£|£|£|£|£|
|1|May 2023|68857.58|48176.20|8970.77|18270.00|144274.55|123167.05|
|Grants|46939.92|36000.00|0.00|17452.00|100391.92|100391.92|
|Net cost|21917.66|12176.20|8970.77|818.00|43882.63|22775.13|
|Additions|3769.20|2400.00|4587.60|0.00|10756.80|21107.50|
|Cost 30 April 2024|25686.86|14576.20|13558.37|818.00|54639.43|43882.63|
|Acc Depreciation|1|May 2023|6267.85|3037.86|424.65|409.00|10139.36|4595.52|
|AccChargeDepreciation for year|30|April 2024|10185.623917.77|5350.482312.62|1534.051109.40|490.8081.80|17560.951421.59|10139.365543.84|
|Net book value 30 April|2024|15501.24|9225.72|12024.32|327.20|37078.48|33743.27|
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| | |
|
|
|
INDEPENDENT EXAMINER’S REPORT TO THE MEMBERS OF KINGSLEY & NEWTON VILLAGE INSTITUTE
ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2024
Respective responsibilities of trustees and examiner
KNVI's trustees are responsible for the preparation of the accounts. KNVI’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:
-
e examine the accounts under section 145 of the Charities Act,
-
e to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
-
e to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention
-
which gives me reasonable cause to believe that in, any material respect, the requirements: e to keep accounting records in accordance with section 130 of the Charities Act; and e to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
-
have not been met; or
----- Start of picture text -----
7:
----- End of picture text -----
----- Start of picture text -----
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding
of the accounts to be reached.
Z|}fi f?o \
----- End of picture text -----
John Czerwonka
----- Start of picture text -----
6 Church Street Clitheroe, Lancs, BB7 2DG
A]
“ ry) AD 7#
----- End of picture text -----