## **TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2022**
## **THE WATMOUGH MEMORIAL HALL : ( SAXILBY VILLAGE HALL) Registered Charity number 521979**
address 34 High Street Saxilby Lincoln LN1 2HA
## Structure and Governance
The Charity is constituted as a Trust. Its governing documents are a conveyance dated 9 November 1937 as augmented by a Deed dated 31 August 1944- Scheme sealed 19 July 1967. The appointment of new Trustees is by nomination to and approval of the Village Hall Committee (VHC).
## Objectives and Activities
The Charity's objectives are the provision of sociable and charitable facilities for the residents of Saxilby and surrounding areas without distinction of sex, colour or religious benefits. This is achieved through the provision of the facilities of Saxilby Village Hall (SVH) for the benefit of the village and the area's residents.
## Achievement and Performance
Despite all the issues surrounding Covid the Hall remains a key beneficial amenity in Saxilby and continues to be used by many Groups and Societies both from Saxilby and the surrounding area. Activities and meetings include:- amateur dramatics, curling, dance, keep fit, Slimming World, WI and many u3a groups.
Letting income is returning to pre-covid levels and we continue to receive new booking requests from outside our immediate area. The Trustees will continue to strive to ensure the Hall is well maintained and its facilities adequate for modern day requirements with such improvements being made where necessary and when funds and time allow.
The Trustees are very pleased to see the continued benefit of the energy saving measures undertaken in previous years amd remain hopeful that energy costs will be of manageable proportions as we move into 2024 and beyond. Previous plans for improvements to the entrance lobby had to be put on hold due to covid and these will be revisited in the future. The Trustees will continue to ensure SVH operates on a sound financial footing, be well kept and maintained and will hope the Hall continues to be the main focal point for meetings and functions in and around Saxilby.
## Finance and Reserves
The accounts for the year ended 31 December 2022 include Hospitality Grant income of £2.667 and show normal Income £33,855 and Expenses £23,922. Provisions of £12.500 remain in place to cover the anticipated future costs of the foyer improvements. Reserves stand at £57,669
The Trustees would like to express their grateful thanks to everyone who uses the Village Hall and contribute to its continuing operational success.
Declaration.
This report has been approved
Keith Jubbb signed ................................. David Rowett ..signed........................................ Chair Treasurer
24 March 2023
## **Saxilby Village Hall**
**Registered Charity No. 521979**
**Statement of Accounts**
**For the Year Ended 31 December 2022**
## **Saxilby Village Hall**
## **Balance Sheet as at 31 December 2022**
|2021
£
**Fixed Assets**
72,188
Debtors 1,914
1,443
Prepayments 1,136 1,472
Cash at Bank
43,614
53,940
Cash floats/Treasurer 570
814
**Total**
**47,234**
**57,669**
**Current Liabilities**
Creditors 809 591
Paid in advance 770
344
Provisions 12,500 12,500
**Total 14,079 13,435**
**Net Current Assets**
33,155
**Total Assets**
**105,343**
**Capital Account**
Balance brought forward
92,159
Other Income -COVID Grants 19,003
Profit for year
111,162
Less: Deficit for year 5,819
Balance carried forward
**105,343**
|2022
£
73,709
44,234
**117,943**
105,343
2,667
9,933
117,943
**117,943**|
|---|---|
## **Saxilby Village Hall Schedule of Fixed Assets Year ended 31 December 2022**
||**Freehold**|**Machinery+ Furniture**|**Machinery+ Furniture**|**Total**|
|---|---|---|---|---|
||**Property**|**Scaffold Tower Fixtures**|||
||||**& Fittings**||
||**£**|**£**|**£**|**£**|
|**Net Book Value**|||||
|As at 1 January 2022|68,845
|475|2,868|72,188|
|Additions|||2,114|2,114|
|less sales|||||
||68,845|475|4,982|74,302|
|**Depreciation**|||||
|Charge for the year|0
|95|498|593|
|**Net Book Value**|||||
|As at 31 December 2022|68,845|380|4.484|73,709|
Depreciation is charged at 20% (Machinery/Tower)and 10% (furniture, fixtures and fittings) on straight line basis in order to write off each asset over its estimated useful life.
No depreciation has been charged on freehold property as it is the opinion of the Trustees that with a policy of continuing maintenance the ultimate net realisable value will be in excess of the cost. A recent revaluation confirms this.
## **Saxilby Village Hall Profit & Loss Account For the Year ended 31 December 2022**
|||2021||2022|
|---|---|---|---|---|
|||£||£|
|**Income**|||||
|**Ordinary Income**|||||
|Hall rents and lettings|17,425||31,918||
|Rent of Bar
|124|
|771||
|||17,549||32,689|
|**External Fund Raising**|||||
|Coffee Mornings|130||1,166||
|||130||1,166|
|**Donations**|||||
|Donation
||0||0|
|**Total Income**||**17,679**||**33,855**|
## **Saxilby Village Hall Profit & Loss Account For the Year ended 31 December 2022**
2021 2022 £ £ **Total Income brought forward 17,679 33,855**
## **Expenditure**
|Cleaning/Caretaking|6,240||9,675||
|---|---|---|---|---|
|Water Rates|118||593||
|Electricity|908||1,663||
|Gas|1,855||2,763||
|WLDC Rates|179||179||
|Boiler Servicing|192||162||
|Repairs & renewals|8,460|
|2,165||
|Cleaning|430||621||
|Covid 19|14||0||
|Buildings Insurance|2,043||2,344||
|Biffa Waste|945||968||
|WLDC Licence/Community Lincs 300|||180||
|PRS for Music|381||387||
|Printing & Stationery|19||41||
|Window Cleaning|320||400||
|Broadband|401||449||
|Phone|18||79||
|Fire Cert/Inspection|84||409||
|Auction /gifts /other|50||50||
|Ink for printers|61||74||
|Fridge|0||70||
|Webb Site|0||57||
|Depreciation|438||593||
|Defib Memb Scheme|42||0||
|**Total Expenditure**||**23,498**||23,922|
Profit for the year (5,819) 9.933
## Saxilby Village Hall
Registered Charity No. 521979
## Statement of Accounts
For the Year Ended 31 December 2022
## **Auditors report and certification**
I have examined the books and records of Saxilby Village Hall for the year ended 31 December 2022. I confirm that these accounts are in accordance with the records presented to me. I have nothing else to add or report to the Trustees.
Signed Christopher L Hewis ACMA
Date 4 March 2023
## **Saxilby Village Hall**
**Registered Charity No. 521979**
**Statement of Accounts**
**For the Year Ended 31 December 2022**
## **Saxilby Village Hall**
## **Balance Sheet as at 31 December 2022**
|2021
£
**Fixed Assets**
72,188
Debtors 1,914
1,443
Prepayments 1,136 1,472
Cash at Bank
43,614
53,940
Cash floats/Treasurer 570
814
**Total**
**47,234**
**57,669**
**Current Liabilities**
Creditors 809 591
Paid in advance 770
344
Provisions 12,500 12,500
**Total 14,079 13,435**
**Net Current Assets**
33,155
**Total Assets**
**105,343**
**Capital Account**
Balance brought forward
92,159
Other Income -COVID Grants 19,003
Profit for year
111,162
Less: Deficit for year 5,819
Balance carried forward
**105,343**
|2022
£
73,709
44,234
**117,943**
105,343
2,667
9,933
117,943
**117,943**|
|---|---|
## **Saxilby Village Hall Schedule of Fixed Assets Year ended 31 December 2022**
||**Freehold**|**Machinery+ Furniture**|**Machinery+ Furniture**|**Total**|
|---|---|---|---|---|
||**Property**|**Scaffold Tower Fixtures**|||
||||**& Fittings**||
||**£**|**£**|**£**|**£**|
|**Net Book Value**|||||
|As at 1 January 2022|68,845
|475|2,868|72,188|
|Additions|||2,114|2,114|
|less sales|||||
||68,845|475|4,982|74,302|
|**Depreciation**|||||
|Charge for the year|0
|95|498|593|
|**Net Book Value**|||||
|As at 31 December 2022|68,845|380|4.484|73,709|
Depreciation is charged at 20% (Machinery/Tower)and 10% (furniture, fixtures and fittings) on straight line basis in order to write off each asset over its estimated useful life.
No depreciation has been charged on freehold property as it is the opinion of the Trustees that with a policy of continuing maintenance the ultimate net realisable value will be in excess of the cost. A recent revaluation confirms this.
## **Saxilby Village Hall Profit & Loss Account For the Year ended 31 December 2022**
|||2021||2022|
|---|---|---|---|---|
|||£||£|
|**Income**|||||
|**Ordinary Income**|||||
|Hall rents and lettings|17,425||31,918||
|Rent of Bar
|124|
|771||
|||17,549||32,689|
|**External Fund Raising**|||||
|Coffee Mornings|130||1,166||
|||130||1,166|
|**Donations**|||||
|Donation
||0||0|
|**Total Income**||**17,679**||**33,855**|
## **Saxilby Village Hall Profit & Loss Account For the Year ended 31 December 2022**
2021 2022 £ £ **Total Income brought forward 17,679 33,855**
## **Expenditure**
|Cleaning/Caretaking|6,240||9,675||
|---|---|---|---|---|
|Water Rates|118||593||
|Electricity|908||1,663||
|Gas|1,855||2,763||
|WLDC Rates|179||179||
|Boiler Servicing|192||162||
|Repairs & renewals|8,460|
|2,165||
|Cleaning|430||621||
|Covid 19|14||0||
|Buildings Insurance|2,043||2,344||
|Biffa Waste|945||968||
|WLDC Licence/Community Lincs 300|||180||
|PRS for Music|381||387||
|Printing & Stationery|19||41||
|Window Cleaning|320||400||
|Broadband|401||449||
|Phone|18||79||
|Fire Cert/Inspection|84||409||
|Auction /gifts /other|50||50||
|Ink for printers|61||74||
|Fridge|0||70||
|Webb Site|0||57||
|Depreciation|438||593||
|Defib Memb Scheme|42||0||
|**Total Expenditure**||**23,498**||23,922|
Profit for the year (5,819) 9.933
## Saxilby Village Hall
Registered Charity No. 521979
## Statement of Accounts
For the Year Ended 31 December 2022
## **Auditors report and certification**
I have examined the books and records of Saxilby Village Hall for the year ended 31 December 2022. I confirm that these accounts are in accordance with the records presented to me. I have nothing else to add or report to the Trustees.
Signed Christopher L Hewis ACMA
Date 4 March 2023