Whittington Village Hall Committee Accounting Statements For The Year Ended 31 December 2020
Income and Expenditure account
| Income Lettings Rental Income Fund Raising and Donations Grants received Bank Interest Total Income for the period Expenditure Rates, Water & Insurance Heat & Light Repairs & Renewals (net of grants) Stationery & Sundries Licences Caretaking & Cleaning Key Holder Trustees' Expenses Computer and telephone Advertising Bad debts Depreciation Total Expenditure for the period Surplus of Income over Expenditure |
2020 2019 £ £ 6413 26272 4250 8133 0 960 21400 0 379 391 |
|---|---|
| 32442 35756 |
|
| 390 3551 609 1298 19050 10742 108 194 1076 946 5187 7057 0 480 480 480 561 1035 0 0 346 143 3104 3657 |
|
| 30911 29583 |
|
| 1531 6173 |
Whittington Village Hall Committee Accounting Statements Balance sheet as at 31st December 2020
| Fixed Assets Village Hall at Cost less Depreciation Improvements net of Grants and Depreciation Fixtures and Fittings net of Grants and Depreciation Total Fixed Assets Current Assets Debtors Current account Deposit account National Savings Cash in hand Less : Current Liabilities Creditors Advance bookings Refundable cautionary fees Pandemic provision Current Assets less Liabilities Total Assets less Liabilities Represented by : Capital Account As at 1st January 2019 Surplus of Income over Expenditure |
2020 2019 £ £ 1 1 12379 14563 5220 6139 |
|---|---|
| 17600 20703 |
|
| 3055 6924 25425 13562 10041 10031 51572 51203 10 67 |
|
| 90103 81787 -145 -851 -853 -2091 -375 -750 -6000 |
|
| 82730 78095 |
|
| 100330 98798 |
|
| 98799 92625 1531 6173 |
|
| 100330 98798 |
Notes
Basis of Accounting
These accounts have been prepared in accordance with the Financial Reporting Standards for Smaller Entities and the Charities SORP. There have been no changes in the basis of accounting during the period.
Covid-19 Pandemic
Grants of £27,600 have been received from Staffordshire County Council during the year. These are to mitigate the income losses suffered by the Village Hall as a result of being closed for most of the year.
As the lockdown has continued into 2021 and the Hall remains closed, the Committee have decided to defer £6,000 of these grants to 2021/22, which is held as a provison in Current Liabilities.