2021-09-30-accounts - Corley Village Hall Association

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CORLEY VILLAGE HALL ASSOCIATION

REGISTERED CHARITY No. 522904

FINANCIAL REPORT FOR THE YEAR ENDED

30 SEPTEMBER 2021

CORLEY VILLAGE HALL

TRUSTEES' REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2021

	Page
Trustees' report	1-2
Independent examiners report	3
Statement of assets and liabilities	4
Receipts and payments account	5

CORLEY VILLAGE HALL

TRUSTEES' REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2020 30 SEPTEMBER 2021

Registered Charity Number :

522904

Trustees

E Bradford J Harris A O'Toole C Platts W Pittaway H Ciccantelli C Atkins A Atkins R Oakes

Correspondence Address

The Bungalow Tamworth Road Corley Coventry CV7 8BT

Independent Examiner

Azets Audit Services Limited 6th Floor Bank House 8 Cherry Street Birmingham B2 5AL

Bankers

HSBC 133 - 135 Daventry Road Cheylesmore Coventry CV3 5HD

The financial statements have been prepared in accordance with the accounting with the charity's declaration of trust dated 17th March 1964 and the charities act 2011.

After due consideration the trustees are selected or deselected at the annual general meeting.

Objects of the Charity

To provide cost effective facilities for the benefit of the local community.

The Trustees are guided by the Charity Commission when deciding what activities to undertake.

CORLEY VILLAGE HALL

TRUSTEES' REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2020 30 SEPTEMBER 2021

Registered Charity Number : 522904

Review of Activities for the Year

The charity has continued whenever possible due to COVID, to provide cost effective facilities to local groups and generate funds from fundraising activities.

Achievements and performance

The village hall and surrounding land is used for boot fairs, coffee mornings, and an annual Christmas fayre all run by the committee, however during this financial year the boot fairs and Christmas fayre were cancelled due to COVID. Regular hall users include, weekly line dancing, Tai Chi and Yoga classes. Many dog clubs are using the premises for shows, seminars and meetings and more activities are taking place for children including track play and slush parties. All activities are proving very popular and beneficial to the local and wider community. A mini refurbishment was completed on the gents toilets costing £2,134, electrical wiring costing £591 and a new hot water boiler purchased costing £1,379 during this period.

Regular health, safety and maintenance checks are carried out,with funds readily available to continue the upkeep of the hall which will help to secure its future.

Financial review

Unfortunately due to COVID, hire for the hall bookings from December 20 until May 21 were greatly reduced and income amounted to approximately 18% (2019:24.6%)of the total.

Grants received from the local authority due to COVID included top up grants, closure grants and restart grants amounted to £17,669 grants from Corley Parish Council and other incidental donations amounted to approximately 65% of the total income.

Income from the Solar Panels accounted for approximately 7% and coffee mornings approximately 8% of total income.

Income relating to fundraising activities and hiring of the hall was affected due to COVID-19 restrictions and shows a reduction on the previous year. The trustees monitor the bank funds on a continual basis decisions to outlay expense is only taken if surplus funds are available to cover current and future costs. Expenditure was needed for the upkeep and maintenance of mens toilets the total cost being £2,135

Funds have been made available for continual maintenance and improvements of the hall which will help to secure the future provision of facilities.

The Trustees have received no remuneration during the year.

Signed on behalf of the Trustees:

….................................... ….............. E Bradford Date :

CORLEY VILLAGE HALL

REGISTERED CHARITY No. 522904

STATEMENT OF ASSETS AND LIABILITIES AS AT 30 SEPTEMBER 2021

CASH FUNDS HSBC Current Account Petty Cash FIXED ASSETS FOR CHARITY USE stated at cost Land Village Hall Accoustic Ceiling Fixtures and Fittings Kitchen Fencing Car Park Solar Panels Single Storey Extension LIABILITIES SURPLUS OF ASSETS OVER LIABILITIES	Restricted Unrestricted Funds Funds £ £ - 67,483 - 75 - 67,558 - 229 - 10,847 - 986 - 7,028 13,568 - 12,910 - 44,244 - - 13,235 - 27,920 70,722 60,245 - - 70,722 127,803	2021 2020 £ £ 67,483 47,334 75 75 67,558 47,409 229 229 10,847 10,847 986 986 7,028 7,028 13,568 13,568 12,910 12,910 44,244 44,244 13,235 13,235 27,920 27,920 130,967 130,967 - - Total	2021 2020 £ £ 67,483 47,334 75 75 67,558 47,409 229 229 10,847 10,847 986 986 7,028 7,028 13,568 13,568 12,910 12,910 44,244 44,244 13,235 13,235 27,920 27,920 130,967 130,967 - - Total
			47,409
			229 10,847 986 7,028 13,568 12,910 44,244 13,235 27,920
			130,967
			-
		198,525	178,376

Notes

The Restricted Fund represents the amount of grants received to carry out maintenance on the land and building of the charity.

Approved by the Committee

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E Bradford …....................... Date …..............
R Oakes …....................... Date …..............
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CORLEY VILLAGE HALL

REGISTERED CHARITY No. 522904

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2021

Restricted Funds Unrestricted Funds £ £ Fundraising Activities (net of costs) - - Operating Activities Hire of Hall - 5,450 Donations and Grant Income Grant Received - 19,569 Other Donations - 3,191 Sundry Income Solar Panels Income - 2,233 TOTAL RECEIPTS - 30,443 Payments for Generating Funds Licences - 173 Support Costs Water Rates - 677 Heat and Light - 1,601 Caretaker's Wages - 918 Insurance - 943 Repairs and maintenance - 4,380 Grass Cutting - 495 Cleaning - 301 Legal and professional - - Accountancy - 516 Sundry Items - 238 Management and Administration Costs Postage, Stationery, Advertising - 52 TOTAL PAYMENTS - 10,294 EXCESS OF RECEIPTS OVER PAYMENTS - 20,149 Cash and Bank Balances 1 October 2020 Cash and Bank Balances 30 September 2021	Restricted Funds Unrestricted Funds £ £ - - - 5,450 - 19,569 - 3,191 - 2,233	2021 £ - 5,450 19,569 3,191 2,233 30,443 173 677 1,601 918 943 4,380 495 301 - 516 238 52 10,294 20,149 47,409 67,558	2020 £ 3,584 8,007 10,000 10,498 483
	- 30,443		32,572
	- 173 - 677 - 1,601 - 918 - 943 - 4,380 - 495 - 301 - - - 516 - 238 - 52		485 1,091 1,989 2,189 1,011 16,343 360 1,270 1,200 504 167 75
	- 10,294		26,684
	- 20,149		5,888