# **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<br>2024<br>2023<br>Note Ref<br>43,309<br>33,171<br>1<br>**43,309**<br>**33,171**<br>1,204<br>1,534<br>2<br>966<br>785<br>3<br>123<br>53<br>**2,293**<br>**2,373**<br>(1,090)<br>(791)<br>(582)<br>(1,577)<br>(6,231)<br>(4,933)<br>4<br>(243)<br>(233)<br>(172)<br>(151)<br>(6,688)<br>(6,614)<br>5<br>(24,079)<br>(23,564)<br>6<br>(303)<br>(12)<br>(324)<br>(71)<br>(265)<br>(352)<br>**(39,666)**<br>**(38,609)**<br>**5,936**<br>**(3,065)**<br>10,932<br>13,997<br>**16,868**<br>**10,932**|
|---|---|
|Category<br>Expense Maincode||
|Income<br>Donations & Legacies||
|**Income Total**||
|Other Income<br>Grant Income||
|Income from activities||
|Other Income||
|**Other Income Total**||
|Expenditure<br>Administration||
|Food & Drink||
|Grants & Gifts||
|Insurance||
|Magazines / Publications||
|Property Rental||
|Salaries||
|Teaching Resources||
|Training||
|Travel Costs||
|Other Costs||
|**Expenditure Total**||
|**Net Income / (Outgoings)**<br>Balance of Funds 1 January<br>**Balance of Funds 31 December**||





## **Balance Sheet** 

## **Financial Period Ending 31 December 2024** 

||31/12/2024<br>31/12/2023|
|---|---|
|Cash at Bank|16,757<br>10,576<br>-<br>185<br>111<br>171|
|Coop Vouchers||
|Petty Cash||
|Total Cash|**16,868**<br>**10,932**|
|||
|Retained Income|**16,868**<br>**10,932**|





## **Notes to the Accounts** 

## **1. Donations & Legacies** 

|**1. Donations & Legacies**||
|---|---|
||2024<br>2023|
|Donations<br>Legacy|39,309<br>33,171<br>4,000|
||**43,309**<br>**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**|