## **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.
1
**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 :**
2
**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**
**----- Start of picture text -----**
E Bradford …....................... Date …..............
R Oakes …....................... Date …..............
**----- End of picture text -----**
4
**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|
|||||
5