SPRINGS CHURCH (LINCOLNSHIRE)
Registered Charity No: 1102348 Annual Accounts 2024
Statement of Financial Activities
Period : 1 January - 31 December 2024
| Sum of Total Income / Expenditure | Accounts Year 2024 2023 Note Ref 43,309 33,171 1 43,309 33,171 1,204 1,534 2 966 785 3 123 53 2,293 2,373 (1,090) (791) (582) (1,577) (6,231) (4,933) 4 (243) (233) (172) (151) (6,688) (6,614) 5 (24,079) (23,564) 6 (303) (12) (324) (71) (265) (352) (39,666) (38,609) 5,936 (3,065) 10,932 13,997 16,868 10,932 |
|---|---|
| Category Expense Maincode |
|
| Income Donations & Legacies |
|
| Income Total | |
| Other Income Grant Income |
|
| Income from activities | |
| Other Income | |
| Other Income Total | |
| Expenditure Administration |
|
| Food & Drink | |
| Grants & Gifts | |
| Insurance | |
| Magazines / Publications | |
| Property Rental | |
| Salaries | |
| Teaching Resources | |
| Training | |
| Travel Costs | |
| Other Costs | |
| Expenditure Total | |
| Net Income / (Outgoings) Balance of Funds 1 January Balance of Funds 31 December |
Balance Sheet
Financial Period Ending 31 December 2024
| 31/12/2024 31/12/2023 |
|
|---|---|
| Cash at Bank | 16,757 10,576 - 185 111 171 |
| Coop Vouchers | |
| Petty Cash | |
| Total Cash | 16,868 10,932 |
| Retained Income | 16,868 10,932 |
Notes to the Accounts
1. Donations & Legacies
| 1. Donations & Legacies | |
|---|---|
| 2024 2023 |
|
| Donations Legacy |
39,309 33,171 4,000 |
| 43,309 33,171 |
2. Grant Funded Activities
Springs Church has been awarded the following Grants in financial years 2023 and 2024:
| 2024 | 2023 Balance c'f 31/12/2024 | 2023 Balance c'f 31/12/2024 | |
|---|---|---|---|
| Caistor Town Council | 350 | ||
| Coop | 848 | ||
| Groundlevel: Good Neighbourhood Scheme Grant | 336 | ||
| Lincolnshire Community Foundation | 50 | ||
| Singleton Birch Community Fund | 1,154 | 472 | |
| 1,204 | 1,534 | 472 |
3. Income from Activities related to income from the Lunchclub held monthly in North Kelsey.
4. Grants & Gifts
| 2024 | 2023 | ||
|---|---|---|---|
| Awaken / One event subsidised entry | - | 90 | |
| Gifts | 1,660 | 1,526 | a |
| Tithe | 4,571 | 3,317 | b |
| Grants & Gifts Total | 6,231 | 4,933 |
a. Gifts were made to the following Charitable bodies in 2024/25:
Compassion UK Good News for Everyone Ground level: One event Safe Families
b. The Tithe represents 10% of Donations (inclusive of gift aid where applicable) and Legacies
5. Property rental
| 2024 | 2023 | |
|---|---|---|
| Homegroup: Binbrook reading room | 360 | 330 |
| Lunchclub: North Kelsey Village Hall | 528 | 484 |
| Rock Foundation | 5,800 | 5,800 |
| PropertyRental Total | 6,688 | 6,614 |
6. Salaries
| 6. Salaries | ||
|---|---|---|
| 2024 | 2023 | |
| North Kelsey Lunchclub: Chef | 1,260 | 1,260 |
| Pastor | 22,819 | 22,304 |
| Salaries Total | 24,079 | 23,564 |