ANNUAL ACCOUNTS 31ST MAY 2024– CHURCH ON THE MOVE ## **Church on the Move** ## **Registered Charity 1080799** ## **Annual Accounts** ## **For the Year ending 31[st] May 2024** Prepared by Kelly Sherwood Treasurer/Trustee Church on the Move Independently Audited **1 |** P a g e ANNUAL ACCOUNTS 31ST MAY 2024– CHURCH ON THE MOVE ## Church on the Move ## Accounts for the Year ending 31[st] May 2024 ## Commentary The 25th year at Church on the Move has continued the trend of investing in equipment and blessing others as God has blessed us. The church leadership would like to take this opportunity to thank everyone who has been faithful in giving. ## **Important** There are notes to explain the figures quoted. Our accounts are open for anyone to see, and questions are welcomed. Copies of the accounts are published on the Charity Commission website online. If you have any queries, please see Kelly Sherwood. **2 |** P a g e ANNUAL ACCOUNTS 31ST MAY 2024– CHURCH ON THE MOVE ## Church on the Move ## Notes to the accounts. For the Year ending 31[st] May 2024 The notes below give more detail on some of the higher areas of expenditure or those areas which are not self-explanatory. ## 1. **Income** |**Income**|**Income**|| |---|---|---| |Tithes and offering Non-Gift Aid =||£19375.58| |Tithes and Offering Gift Aid|=|£27542.99| |Credit Interest|=|£729.55| |Gifts to COTM|=|£10000.00| |**TOTAL**|**=**|**£57,648.12**| ## **2. Gifts – Cash/Other** Church on the Move is committed to giving a tithe of our income. This year, our giving amounted to £3107.10. This was in cash gifts, speaker gifts. All these gifts are authorised and agreed by the trustees at the quarterly meetings. ## **3. Cleaning** Weekly cleaning of the main church and Lesser Hall is carried out. The total cost for this is **£1725.00** . This amount is paid to Faith Jarvis under the agreement of the trustees. She is responsible for keeping the Mission Hall clean and tidy for all to use. **3 |** P a g e ANNUAL ACCOUNTS 31ST MAY 2024– CHURCH ON THE MOVE ## **4. Repairs and maintenance** Costs incurred for the repairs to the church and maintenance of the grounds = £7468.65 ## 5. **Books/Stationery/Internet** We have purchased books and Bibles for the children’s and Youth work in the church. Also, the monthly charge of internet access. Total = £0.00 ## **6. Food and refreshments** £3636.09 this includes Christmas celebrations, New Year Eve party, Children’s parties, Easter celebrations, church meals, Sunday evening refreshments such as Tea/Coffee and biscuits. ## **7. Rent/Gas/Electric** COTM uses the Mission Hall Neath for all mid week and Sunday services and for storage of equipment. We contribute to the energy running costs at the Mission Hall. This year due to higher Gas/Electricity costs the Mission Hall Church decided with the Trustees of COTM to take no further rent costs. Additional payments were made as below to cover the increase utility bills. Total = £15926.87 ## **8. Conferences** This year conferences. Total = £977.00 **4 |** P a g e ANNUAL ACCOUNTS 31ST MAY 2024– CHURCH ON THE MOVE ## **9. Fees/sums** This includes our contents cover for equipment. Public Liability insurance and Music Copyright Licence. We pay to be a member of the Churches Child Protection Society. This section also includes any bank charges for the running of the account. Total = £4758.73 ## **10. Equipment** This total includes new keyboard and Video recording equipment for T/Channel. Also lighting and staging for events and productions. Total = £14,746.37 ## **11. Travel** £155.94 has been incurred this year for petrol needed for children’s/Youth work trips. Note: All capitalised equipment has reached the end of its working life and has been written off. All equipment during this period has not been capitalised. **5 |** P a g e ANNUAL ACCOUNTS 31ST MAY 2024– CHURCH ON THE MOVE ## **Church on the Move** ## **Balance Sheet** ## **As at 31[st] May 2024** ||Year|Year|Year|Year| |---|---|---|---|---| ||2024|2024|2023|2023| |Fixed Assets||||| |Equipment Costs|0.00|0.00|0.00|0.00| |Depreciation|0.00|0.00|0.00|0.00| |Current|Assets|||| |---|---|---|---|---| |12.|Bank|& Cash|£58,237.79|£53,091.42| Bank & Cash Total Cash @ 31[st] May 2024 = £58,237.79 **6 |** P a g e ANNUAL ACCOUNTS 31ST MAY 2024– CHURCH ON THE MOVE ## **Church on the Move** ## **Income & Expenditure 2024** ||**Year**|**Year**| |---|---|---| ||**2024**|**2023**| |**Income**|**£57,648.12**|**£31,585.15**| |**Expenditure**||| |Cash Gifts|£3107.10|£900.00| |Other Gifts|£0.00|£566.23| |Cleaning|£1725.00|£1275.00| |Gas/Elec|£15926.87|£10660.64| |Books/Internet|£0.00|£0.00| |Food/Refreshments|£3636.09|£6858.80| |Fees/Ins|£4758.73|£3394.55| |Equipment|£14746.37|£7432.91| |Conferences|£977.00|£768.00| |Travel Costs|£155.94|£731.42| |Repair costs|£7468.65|£2926.00| |Total|£52,501.75|£35,588.55| Excess of income/expenditure (2023/24) £5,146.37 **7 |** P a g e