## **Financial Report 2024 (on 2023 Accounts)** An overview table showing our all our main bank accounts together is given below. This is followed by summary figures for our Current Account and then for our Buildings Deposit Account. Main summary points in note form are then given at the end the tables of figures. ## **Main Summary Points** **All Accounts** As shown above in the “All Accounts” table, our total incomings of £121.3k are against an expenditure of £109.6k to show a balance of £11.7k. However, this ‘balance’ is still not a true picture of how we stand. We only really use the 'Current Account' and 'Buildings Deposit Account' for our usual 'everyday' expenditure. These are the two accounts that we really use each year as a measure our income and expenditure. These are the accounts that we 'live by' in our giving, income and expenditure. The other accounts have external funding sources and are totally restricted or designated. This year we had a £38,606.40 repayment from Barclays Bank into the Cobden Close Account from another account of ours that they made dormant, and closed down that account, without our permission! This took 18 months to claim back! As we originally had this amount, it isn’t shown as an income in the Cobden Close account for 2023. **Current Account** Our balance for the year is £12.4k. This has been artificially boosted as we claimed some £8.4k gift aid back from previous years. We are also presently paying a lower figure for our Common Fund contribution than we should be. **Buildings Deposit Account** The deficit in this account over the year is £7.3k which is primarily down to our expenditure on a Quantity Surveyor Building Costs Analysis and a Strategy Report done by our architect Alex Veal. Thank you everybody for all you do to give generously to the work of God and His kingdom. We are stewards of the resources God has given to us individually, and as a church. We need to continue to be generous as God’s anointed body. We need to increase our giving as we journey in faith towards fulfilling God's vision for us. Please let me know if you need any further information relating to our accounts. A BIG THANK YOU to Nikki Bell (Administrator), Ursulyn George (Treasurer) and to Jacky Wraight and George Hurd who help with our payments and/or our accounting. ## _Alan_ |**Charity Name**

**St.John’s Church Hillingdon**
|**No (if any)**
1128058| |---|---| ## **Receipts and payments accounts** **For the period** Period start date Period end date **To from** 01.01.2023 31.12.2023 ## **Section A Receipts and payments** |**A1 Receipts**
Unrestricted – Current Account
**105,828**
Restricted – Current Account
Restricted – BuildingAccount Income
**0**
Restricted – Children Account Income
**0**
Restricted – Cobden Close Account
**0**
Restricted – Cash Plus Account
**0**
**105,828**
**0**
**0**
**_Sub total_**
**0**
**_Total receipts_**
**105,828**
**Unrestricted**
**funds**
**to the nearest**
**£**
**_Sub total_**_(Gross income for AR)_
**A2 Asset and investment sales,**
**(see table).**|**to the nearest £**
**0**
**1,858**
**328**
**2,501**
**10,054**
**778**
**15,519**
**0**
**0**
**0**
**15,519**
**Restricted**
**funds**|**to the nearest £**
**Endowment**
**funds**|**Total funds**
**to the nearest £**
**105,828**
**1,858**
**328**
**2,501**
**10,054**
**778**
**121,347**
**0**
**0**
**0**
**121,347**|**Last year**
**to the nearest £**| |---|---|---|---|---| |||||| |||**0**|**105,828**|100,896| ||||**1,858**|0| |||**0**|**328**|4,915| |||**0**|**2,501**|2,501| |||**0**|**10,054**|8,860| |||**0**|**778**|0| |||||| |||||| |||**0**|**121,347**|117,172| |||||| |||**0**|**0**|| |||**0**|**0**|0| |||**0**|**0**|0| |||||| ||**15,519**|**0**|**121,347**|117,172| |**A3 Payments**
Unrestricted – Current Account Outgoing
**94,415**
Restricted – Current Account Outgoing
Restricted – BuildingAccount Outgoing
**0**
Restricted – Children Account Outgoing
**0**
Restricted – Cobden Close Account Outgoing
**0**
Miscellaneous Outgoing
**0**
**_Sub total_**
**94,415**
**0**
**0**
**_Sub total_**
**0**
**_Total payments_**
**94,415**
**_Net of receipts/(payments)_**
**11,413**
**A5 Transfers between funds**
**1,011**
**A6 Cash funds last year end**
**28,388**
**_Cash funds this year end_**
**40,812**
**A4 Asset and investment**
**purchases, (see table)**|**0**
**845**
**7,682**
**1,554**
**5,096**
**0**
**15,177**
**0**
**0**
**0**
**15,177**
**342**
**(1,011)**
**155,784**
**155,115**||**94,415**
**845**
**7,682**
**1,554**
**5,096**
**0**
**109,592**
**0**
**0**
**0**
**109,592**
**11,755**
**0**
**184,172**
**195,927**|| |---|---|---|---|---| |||||| |||**0**|**94,415**|96,358| ||||**845**|0| |||**0**|**7,682**|7,467| |||**0**|**1,554**|1,265| |||**0**|**5,096**|1,097| |||**0**|**0**|249| |||||| |||||| |||||| |||**0**|**109,592**|106,436| |||||| |||**0**|**0**|0| |||**0**|**0**|0| |||**0**|**0**|0| |||||| |||**0**|**109,592**|106,436| |||||| ||**342**|**0**|**11,755**|10,736| ||**(1,011)**|**0**|**0**|0| ||**155,784**|**0**|**184,172**|173,436| ||**155,115**|**0**|**195,927**|184,172| ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
**B1 Cash funds**
**B2 Other monetary assets**
**B3 Investment assets**
**B5 Liabilities**
**B4 Assets retained for the**
**charity’s own use**
Signed by one or two trustees on behalf of
all the trustees|**Details**
Current Account – General Fund
Business Deposit Account
Children’s Account
Cobden Close
Elevate Church
**Details**
2 * CCLA accounts
Cambridge & Counties Investment
**Details**
Property:
127 Cobden Close
21 St.David’s Close
155 Pield Heath Road
**Details**
**Details**
Signature
Epworth Cash Plus Fund – Investment
Accounts
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
Investments: Epworth Investment
Management – Designated fund
|**to nearest £**
**Unrestricted**
**funds**|**to nearest £**
**Unrestricted**
**funds**| |---|---|---|---| |||**40,812**
**40,812**|| ||||**9,011**| ||||**5,461**| ||||**82,950**| ||||**16,913**| ||||**40,780**| ||||**155,115**| |||Alan Bradford|| ||||| ## **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** **Report to the trustees/ St.John’s Church Hillingdon members of On accounts for the year 31 December 2023 Charity no 1128058 ended (if any) Set out on page** 1-2 I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 December 2023. - **Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: - accounting records were not kept in accordance with section 130 of the Act or - the accounts do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. **Signed: Date:** 15 October 2024 **Name:** Chaweevan Williams FCCA **Relevant professional** Chartered Certified Accountants **qualification(s) or body : Address:** Verdant Accountants Limited 20-22 Wenlock Road, London N1 7GU