Mrs L Rogers presented a report a digest of which follows: As you can from the accounts summary below see we had quite a heavy year of spending which has resulted in an end of year deficit. Our financial year 2015 -2016 ends on June 30 2016. We have £25,000 in reserve to pay back the PWB loan and a healthy bank balance of about £30,000. Our policy is to retain approximately £6000 for approximately six months running costs so we are not uncomfortable. Collingbourne Ducis Village Hall continues to serve the community within the terms of the Trust Deed dated 12 March 1983. Mrs Rogers answered questions from those present after which the Chairman thanked her for her report.