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