COVEN MEMORIAL HALL ACCOUNTANTS REPORT In accordance with your instructions, we have prepared. without carrying out an audit, the Income and Expenditure Account and Balance Sheet for the year ended 31 December 2023 from the accounting records of the Memorial Hall and from the information and explanations supplied. We have carried out an examination of the Accounts of the Memorial Hall for the year ended 31 December 2023. Our examination included a review of the accounting records kept by the Memorlal Hall and compari50n of the accounts presented with those records. It 3150 included consideration of any unusual items or disclosure5 in the accoLJnts and the seeking of explanations from the Commlttee concerning any such matters, The procedures undertaken do not provide all the evidence that would be required in an audit and consequently, we do not express an audit opinion on the view given by the accounts. We confirm that the Income and Expenditure Account and Balance Sheet are in agreement with the underlylng books and records of the Memorial Hall, We also confirm that In our opinion there are no matters to which attention should be drawn in order to enable a proper understandin8 of the accounts to be reached. />. r/ M Slater FMAAT 26th March 2024
COVEN MEMORIAL HALL INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 INCOME Hall Lettings Grants and donations receivable Events Rent: Social Club Bar Furlough funding Compensation Interest Receivable 38,733 5,820 40,752 5,547 1,976 1,976 5,514 52 570 47,099 53,841 EXPENDITURE Wages Electric & Gas Water Insurances Maintenance and cleaning Sundries Bank Charges Accountancy Le8al & Professional Depreciation Computer Software 10,033 10,454 1,358 2,099 9,649 3,522 220 462 2,469 7,957 542 14,161 3,643 746 1,876 7,019 2,725 214 420 ,11 ¢ 7,926 514 48,765 39,244 NET SURPLUS / (DEFICIT) FOR THE YEAR 11,6661 14,597
COVEN MEMORIAL HALL BAR TRADING AND PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 Takings 25,557 31,419 C05t of Goods sold: Opening Stock Purchases 4,702 12,577 4,454 15,561 17,279 20,015 Closing Stock 4,134 4,702 13,145 15,313 Gross Profit 51.4%12022:51.2%1 12,412 16,106 Less Expenses: Wages Rent Heat & Light Legal & Professional Charges Repairs and Maintenance Bank Charge5 7.961 1,976 1,800 220 4,980 1,976 600 330 108 288 Int 71 299 12,256 8,282 NET SURPLUS/{DEFICIT} FOR THE YEAR 156 7,824
COVEN MEMORIAL HALL BALANCE SHEET AS AT 31 DECEMBER 2023 2023 2022 ASSETS Buildings & Equipment Additions 397,601 392,471 Total 397,601 392.471 Depreciation carried forward 154,2211 146,2631 Net 343,380 346,208 Stock Debtors 8ankAccounts Main Hall accounts Premium Tracker- Roof fund 4,134 4,702 54,023 26,403 49,951 52,818 26,131 49,652 134,511 133,303 TOTAL ASSETS 477,891 479,511 LIABILITIES Lettln8s in advance for 202212023 Other Creditors and Accruals Capital Loan 625 420 735 420 TOTAL LIABILITIES 11,0451 11,1551 NET ASSETS 476,846 478,356 Represented by,, Loan re Land Roof repair fund Accumulated Fund B/Fwd. Deficit/Surplu5 for the year Accumulated Fund CIFwd. 130 35,375 130 35,375 442,851 420,430 11,5101 22,421 441,341 441,341 442,851 442,851 476,846 478,356 Approved by Mrsj Carr 26th March 2024