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2021-03-31-accounts

The Priors Marston and Priors Hardwick Village Hall

Officers and Advisors for the year ending 31[st] March 2021


Trustees: Mr Lee Robinson
Mrs Jane Richards
Mrs Barbara Harvey
Mr Michael Smith
Mr Les Wareham
Secretary: Mr Michael Smith
Address: The Priors Hall
Shuckburgh Road
Priors Marston
Southam
Warwickshire
CV47 7RS
Treasurer: Mrs Jane Richards
Bankers: Lloyds Leamington Spa
73 The Parade
Leamington Spa
Warwickshire
CV32 4BB
Accountant: Mr John Franklin
The Latch
Hollybush Lane
Priors Marston
Southam
Warwickshire
CV47 7RW

Charity Commission Registration No: 522983

The Priors Marston and Priors Hardwick Village Hall

Trustees report

For the year ended 31st March 2021

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Charity Name: Priors Marston and Priors Hardwick Village Hall Governing Instrument: The Charity is governed by a conveyance dated 9[th] April 1957. Trustees: The Board of Trustees comprises the Committee. A list of those who served in this capacity during the year is set out on page 1. Charity Registration No. 522983 Registered Office: Corner Cottage Priors Hardwick Southam Warwickshire CV47 7SN

The Priors Marston and Priors Hardwick Village Hall

Trustees report (continued)

For the year ended 31st March 2021

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Review of the Year:

The Trustees present their Annual Report and Financial Statements of the Charity for the year ended 31st March 2021. As we did not hold an Annual General Meeting during the previous year, this report includes details of both the years ending 31[st] March 2020 and 31[st] March 2021.

The hall is now in its sixty-fourth year, and has been in the current building since 2000. It became a registered charity on 1[st] October 1963. The Financial Statements have been made in accordance with the Charities Act 1993 and The Statement of Recommended Practice: Accounting and Reporting by Charities, published 2005.

Principle The principal activities of the charity are to provide facilities for a wide range Activities: of leisure and recreational activities and social events, which are well promoted and easily accessible to all members of the local community. In addition, there are a suite of office rooms which are rented out to local business on an annual lease basis.

Management: The charity is governed by the five trustees who have a variety of clearly defined responsibilities.

Achievements:

As the building is now 21 years old, the hall is beginning to show signs of its age requiring some major items of maintenance, the following have been carried out over the last 2 years.

Plans for the The Priors Hall is community asset run by a small team of volunteers. In the Future: past two years we have been very lucky that we have been able to maintain the fabric of the hall and give rent relief to tenants without depleting our financial reserves thanks to the grants that have been available to us as a result of the COVID pandemic. As a result, I am pleased to report that we face the future with a well-maintained building on a sound financial footing.

To continue to run the Priors Marston and Priors Hardwick Village Hall for the benefit of all in the local community

Priors Marston and Priors Hardwick Village Hall

Profit and Loss Report

01 April, 2020 - 31 March, 2021

Sales
4000 - Sales - Products
80.00
4010 - Sales - Services
1,894.37
4020 - Sales Discounts
-4,241.12
4900 - Other income
21,395.18
4940 - Rental Income
8,239.39
Total Sales £27,367.82
Direct Expenses
Total Direct Expenses £0.00
GROSS PROFIT / LOSS £27,367.82
Overheads
7110 - Water Rates
138.45
7130 - Premises Insurance
1,414.20
7200 - Electricity
2,414.23
7210 - Gas & Oil
299.76
7600 - Legal Fees
133.85
7800 - Repairs and Renewals
10,943.90
7810 - Cleaning
2,900.95
7900 - Bank Charges and Interest
-6.68
Total Overheads £18,238.66
NET PROFIT / LOSS £9,129.16

02 Jan 2022 17:18

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