## **Contents** 

1. Executive Summary 

2. Profit and Loss 

3. Balance Sheet 

4. Aged Debtors 

5. Aged Creditors 

1/8 



## **Executive Summary** 

## Ipstones Memorial Hall Management Committee 

Accounting Year 2024/25 

||**Accounting Year 2024/25**|
|---|---|
|**Profit and Loss**||
|Income|24,644|
|Profit / Loss|-3,563|
|Profit / Loss after tax, dividend or drawings|-3,563|
|Cumulative Profit / Loss|191|
|**Balance Sheet**||
|Assets|38,143|
|Liabilities|37,952|
|Assets minus Liabilities|191|
|Total Owner's Equity|191|
|Combined Bank Balance|35,853|
|**Aged Debtors**||
|Unpaid Invoices / Outstanding Invoice Credit Notes (Value)|2,410|
|Unpaid Invoices / Outstanding Invoice Credit Notes (Number)|37|
|Clients with Unpaid Invoices / Outstanding Invoice Credit Notes (Number)|17|
|**Aged Creditors**||
|Unpaid Bills / Outstanding Bill Credit Notes (Value)|2,006|
|Unpaid Bills / Outstanding Bill Credit Notes (Number)|2|
|Clients with Unpaid Bills / Outstanding Bill Credit Notes (Number)|2|



2/8 



## **Profit & Loss** 

## Ipstones Memorial Hall Management Committee 

Accounting Year 2024/25 

||**Debit**|**Credit**|
|---|---|---|
|**Turnover**||**24,644**|
|**Sales**||24,644|
|**_add_ Other Income**||**6,094**|
|**Grant Income**||6,094|
|**Gross Profit**||**30,738**|
|**_less_ Administration Expenses**|**27,385**||
|**Utilities**|5,820||
|**Cleaning**|566||
|**Recreation Ground**|3,104||
|**Office Costs**|11,810||
|**Web Hosting**|882||
|**Office Equipment**|1,635||
|**Internet & Telephone**|464||
|**Licenses and Permits**|325||
|**Miscellaneous**|79||
|**Advertising and Promotion**|481||
|**Insurance**|2,218||
|**_less_ Staff Costs**|**6,915**||
|**Caretaker**|6,915||
|**Operating Profit**||**-£3,563**|
|_less_ **Drawings**||**£0**|
|_less_ **Profit & Loss journal entries**||**£0**|
|**Retained Profit this period:**||**-£3,563**|
|**Retained Profit brought forward:**||**£3,754**|
|**Distributable Reserves / Retained Profit carried forward:**||**£191**|



3/8 



## **Balance Sheet** 

## Ipstones Memorial Hall Management Committee 

As at 31 Mar 25 

|||**£**|**£**|
|---|---|---|---|
|**Capital Assets**||||
|Net Book Value||0||
|**Current Assets**||**38,143**||
||**Trade Debtors**|2,290||
||**Bank Account: Business Checking Account**|35,853||
||**Expense Account: Carole Cluer**|0||
||**Expense Account: Mark Emery**|0||
|**_less_Current Liabilities**|||**37,952**|
||**Trade Creditors**||840|
||**Expense Account: Anne-Marie Nicholson-James**||513|
||**Expense Account: Jane Fleet**||12|
||**Expense Account: Susan Evans**||49|
||**Suspense Account**||36,538|
|**Net Current Assets**||**£191**||
|**Total Assets**||**£191**||
|**Owner's Equity**||||
|Retained Profit|||191|
|**Total Owner's Equity**|||**£191**|



4/8 



## **Aged Debtors** 

## Ipstones Memorial Hall Management Committee 

As at 31 Mar 25 ageing by invoice date 

|**Customer/Invoice**|**Invoice**|**Due**|**Total**|**0-30 Days**|**31-60 Days**|**61-90 Days**|**>90 Days**|
|---|---|---|---|---|---|---|---|
||**date**|**date**||||||
|**1st Churnet Valley Guides**|||**£90.00**|**£90.00**|**£0.00**|**£0.00**|**£0.00**|
|**AM395**|28 Mar 25|04 Apr|£90.00|£90.00||||
|||25||||||
|**1st Waterhouses Brownies**|||**£120.00**|**£67.50**|**£52.50**|**£0.00**|**£0.00**|
|**AM379**|05 Feb 25|07 Mar|£52.50||£52.50|||
|||25||||||
|**AM393**|28 Mar 25|04 Apr|£67.50|£67.50||||
|||25||||||
|**1st Waterhouses Rainbow unit**|||**£260.00**|**£55.00**|**£40.00**|**£45.00**|**£120.00**|
|**AM265**|11 Sep 24|18 Sep|£40.00||||£40.00|
|||24||||||
|**AM384**|02 Oct 24|01 Nov|£25.00||||£25.00|
|||24||||||
|**AM311**|06 Nov 24|13 Nov|£40.00||||£40.00|
|||24||||||
|**AM335**|04 Dec 24|11 Dec|£15.00||||£15.00|
|||24||||||
|**AM366**|15 Jan 25|22 Jan|£45.00|||£45.00||
|||25||||||
|**AM378**|05 Feb 25|07 Mar|£40.00||£40.00|||
|||25||||||
|**AM394**|28 Mar 25|04 Apr|£55.00|£55.00||||
|||25||||||
|**Blore Suite Book Club**|||**£20.00**|**£0.00**|**£20.00**|**£0.00**|**£0.00**|
|**AM412**|05 Feb 25|12 Feb|£20.00||£20.00|||
|||25||||||
|**Churnet valley Farmers**|||**£16.00**|**£16.00**|**£0.00**|**£0.00**|**£0.00**|
|**AM423**|31 Mar 25|07 Apr|£16.00|£16.00||||
|||25||||||
|**Fundraising**|||**£232.29**|**£0.00**|**£232.29**|**£0.00**|**£0.00**|
|**AM409**|24 Feb 25|03 Mar|£232.29||£232.29|||
|||25||||||



5/8 



|**Hiring Ipstones Memorial Hall**||||**£189.00**|**£189.00**|**£0.00**|**£0.00**|**£0.00**|
|---|---|---|---|---|---|---|---|---|
||**AM406**|08 Mar 25|15 Mar|£24.00|£24.00||||
||||25||||||
||**AM403**|23 Mar 25|30 Mar|£60.00|£60.00||||
||||25||||||
||**AM404**|28 Mar 25|04 Apr|£75.00|£75.00||||
||||25||||||
||**AM405**|29 Mar 25|05 Apr|£30.00|£30.00||||
||||25||||||
|**Ipstones Bowling Club**||||**£227.00**|**£110.00**|**£117.00**|**£0.00**|**£0.00**|
||**AM402**|12 Feb 25|19 Feb|£117.00||£117.00|||
||||25||||||
||**AM411**|20 Mar 25|27 Mar|£110.00|£110.00||||
||||25||||||
|**Ipstones Historical Society**||||**£45.00**|**£15.00**|**£30.00**|**£0.00**|**£0.00**|
||**AM341**|30 Jan 25|31 Mar|£15.00||£15.00|||
||||25||||||
||**AM373**|27 Feb 25|29 Mar|£15.00||£15.00|||
||||25||||||
||**AM399**|27 Mar 25|03 Apr|£15.00|£15.00||||
||||25||||||
|**Ipstones Tiny Tots**||||**£452.00**|**£0.00**|**£0.00**|**£450.00**|**£2.00**|
||**AM194**|15 Jul 24|22 Jul|£2.00||||£2.00|
||||24||||||
||**AM343**|28 Jan 25|04 Feb|£450.00|||£450.00||
||||25||||||
|**Ipstones Womens institute**||||**£20.00**|**£20.00**|**£0.00**|**£0.00**|**£0.00**|
||**AM436**|12 Mar 25|11 Apr|£20.00|£20.00||||
||||25||||||
|**Ipstones Writing Club**||||**£36.00**|**£0.00**|**£0.00**|**£0.00**|**£36.00**|
||**AM258**|26 Aug 24|02 Sep|£12.00||||£12.00|
||||24||||||
||**AM259**|30 Sep 24|07 Oct|£12.00||||£12.00|
||||24||||||
||**AM307**|25 Nov 24|02 Dec|£12.00||||£12.00|
||||24||||||
|**Love and Light Yoga**||||**£90.00**|**£90.00**|**£0.00**|**£0.00**|**£0.00**|
||**AM392**|28 Mar 25|04 Apr|£90.00|£90.00||||
||||25||||||



6/8 



|**Parish Council of Ipstones**||||**£46.00**|**£46.00**|**£0.00**|**£0.00**|**£0.00**|
|---|---|---|---|---|---|---|---|---|
||**AM398**|13 Mar 25|20 Mar|£46.00|£46.00||||
||||25||||||
|**Pilates**||||**£375.00**|**£135.00**|**£120.00**|**£0.00**|**£120.00**|
||**AM304**|04 Nov 24|11 Nov|£120.00||||£120.00|
||||24||||||
||**AM371**|03 Feb 25|05 Mar|£120.00||£120.00|||
||||25||||||
||**AM390**|03 Mar 25|02 Apr|£135.00|£135.00||||
||||25||||||
|**Social Services -Families First**||||**£92.00**|**£0.00**|**£32.00**|**£28.00**|**£32.00**|
|**Family Time Team**|||||||||
||**AM328**|16 Dec 24|23 Dec|£32.00||||£32.00|
||||24||||||
||**AM350**|29 Jan 25|28 Feb|£28.00|||£28.00||
||||25||||||
||**AM374**|24 Feb 25|26 Mar|£32.00||£32.00|||
||||25||||||
|**Well Street Clinic - Doctors**||||**£100.00**|**£100.00**|**£0.00**|**£0.00**|**£0.00**|
||**AM432**|06 Mar 25|05 Apr|£100.00|£100.00||||
||||25||||||
|**Grand Total**||||**£2,410.29**|**£933.50**|**£643.79**|**£523.00**|**£310.00**|



7/8 



## **Aged Creditors** 

## Ipstones Memorial Hall Management Committee 

As at 31 Mar 25 ageing by bill date 

|**Supplier/Bill**|**Bill date**|**Due date**|**Total**|**0-30 Days**|**31-60 Days**|**61-90 Days**|**>90 Days**|
|---|---|---|---|---|---|---|---|
|**Alliance Environmental Services**|||**£1,263.60**|**£0.00**|**£0.00**|**£0.00**|**£1,263.60**|
|**11700238023**|17 Oct 24|16 Jan 26|£1,263.60||||£1,263.60|
|**EDF Gas**|||**£742.00**|**£742.00**|**£0.00**|**£0.00**|**£0.00**|
|**KI-3015AF26-0004**|15 Mar 25|15 Mar 25|£742.00|£742.00||||
|**Grand Total**|||**£2,005.60**|**£742.00**|**£0.00**|**£0.00**|**£1,263.60**|



8/8