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2020-08-31-accounts

GODALMING UNITED CHURCH (Methodist and United Reformed)

ANNUAL REPORT & FINANCIAL STATEMENTS

31st August 2020

Registered Number 1128613

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GODALMING UNITED CHURCH

(Methodist and United Reformed)

CONTENTS

Pages
Trustees Annual Report 3-8
Financial Review & Examined Accounts 9
Independent Examiner’s Report 10
Statement of Financial Activities 12
Balance Sheet 13
NotestotheFinancialStatements 14-20

Trustees Annual Report 2020

Reference & Administrative Details

Registered Name: Godalming United Church (Methodist & United Reformed)

Other Name: GUC Registered Number: 1128613 Principal Office Address: Godalming United Church Bridge Road Godalming Surrey GU7 3DU

Correspondence should be directed to the Church Secretary at the above address.

Website: guc.org.uk

Independent Examiner: Andrew Skilton Brewers Chartered Accountants Bourne House Queen Street Gomshall GUS SLY

Charity Trustees:

The charity trustees are elected members of the Church Council and are the managing trustees of the organisation.

Rev'd Norman Edsall (Chair)

M Ireland (term of office expired

on 27 September 2020)

S Kelley — Church Secretary

E MacDonald

R Gidlow — Treasurer (resigned 27 January 2020)

J McAteer (West)

R August

K Nye

N Gidlow (resigned 23 February 2020)

A Steele

J Rowling — Treasurer (appointed 16 September 2020)

N Wilks (appointed 27 September 2020)

Rv'd A Payne (appointed 16 September 2020)

A Briscoe (appointed 27 September 2020)

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Governing Document:

Godalming United Church was formed of the Methodist and United Reformed congregations of Godalming in a covenant to become one congregation which was signed on 2 January 1977 and ina Sharing Agreement signed on 24 September 1978 by which the Methodist premises were to be used for the purposes of the united church.

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Godalming United Church operates as a Local Ecumenical Partnership sponsored by Churches Together in Surrey under a Constitution dated 8 June 2011. This Constitution meets the requirements of Churches Together in England for Single Congregation Local Ecumenical Partnerships (SCLEPs).

It is a local church of the Methodist Church in Great Britain and of the United Reformed Church in the United Kingdom. It is incorporated in the Wey Valley Circuit 36/06 of the Methodist South East District. In the United Reformed Church it is incorporated in the Wessex Synod, 9D12.

In December 2006 Godalming United Church entered into a further local ecumenical partnership by signing the Farncombe and Godalming Group Ministry covenant. This brought together Godalming United Church with three Church of England churches in the Parishes of Godalming and Farncombe: St John the Baptist, Farncombe: St Mark, Godalming and Ss Peter & Paul, Godalming.

Recruitment and Appointment of new Trustees:

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The Trustees are elected annually at the Annual Congregational Meeting in the Autumn of each year. Trustees are drawn from the membership of Godalming United Church. The election is for an initial term of three years.

Induction and Training of Trustees:

Trustees are registered members of Godalming United Church and have usually served or are serving on one or more of the Committees. Induction and training is principally through familiarisation with the Minutes of the Committees and attendance at the monthly Church Council meetings. On first appointment and each serving year thereafter each Trustee signs a Declaration of Eligibility form CSD-1382, a Trustee Registration Form and the Officeholder Declaration Safeguarding Form C issued by The Methodist Church.

Organisational Structure:

Within the structure of the Constitution, the church is governed by its Congregational Meetings and Church Council with the assistance of the Stewards and the following other committees: Pastoral Visitors, Property, Mission & Outreach, Finance, Events and Youth Forum. The Church Council and Congregational Meeting have oversight of these committees and the Church Council is the managing trustee body.

Risks to the Charity:

The principal risks to the continuing operation of the charity are understood to be in maintaining the buildings in a sound state, meeting changing legislative requirements for health and safety,

safeguarding and the need for a lettings income in addition to the offertory collections from members. These risks have been mitigated by the initiation of an annual programme of minor works for volunteer work parties; adoption of a current H&SE recommended Health and Safety Policy; regular updating of our register of DBS Disclosures and training requirements for safeguarding. Lettings income is administered by a Lettings Secretary and the offertory collections are administered by the Gift Aid and Envelopes Secretary both of whom are members of the Finance Committee.

The Aims of Godalming United Church are to:

Objectives for the year were to:

Strategies for Objectives:

Each Sunday, worship is open to everyone and continues to offer a variety of service formats throughout the year to ensure all ages can feel welcome and receive teaching and learning in the Christian faith. During the period of lockdown, worship was maintained through on line provision of services.

As with services, other activities have been impacted by the lockdown and the ongoing need to adhere to Covid restrictions.

The ‘Monday Group’ met once a month with an average of 12 people in attendance, and post lockdown, support continues through emails and telephone calls.

Qui met monthly between September and March, sharing Christian experience in the context of everyday and current events and is designed to build confidence in faith sharing. From April, informal contact between members of the group has provided opportunities for sharing and support. Group attendance varies between five and eleven people.

A team of 12 Pastoral Visitors continue to provide care for church members throughout the year.

The church continues to be committed to operating the Fairtrade philosophy in its social functions and trading activities where possible.

The Ladies Fellowship changed its name to the Tuesday Fellowship to encourage male members to attend, and two or three men have attended regularly. The group provides fellowship and opportunities to learn about other countries and their societies and has had a wide range of speakers during the six months it was able to meet on a number of topics. The fellowship have supported a number of charities this year, namely AGE UK Surrey, Compassion in World Farming, Action for Children and The Cellar.

This year has been a year full of the unexpected, but one in which much has happened. The retirement of the Rev'd Paul Hulme in July 2019 meant that that church entered a period of interregnum. The calling of a new minister was therefore a high priority. Following a somewhat unusual calling process, with interviews and preaching carried out remotely rather than in person, the Rev'd Adam Payne was appointed and took up his appointment in September 2020. The other key challenge in 2019/20 has been the Coronavirus pandemic. The national lockdown in mrch forced a cessation to all activities on the church premises, both worship and lettings. Through the skills which we have been blessed with within our church community, worship has continued uninterrupted on line.

The pandemic had a financial impact during the 2019/20 financial year, principally in relation to lettings income, although this was offset by cost savings arising from the premises not being open, mainly in relation to cleaning. Some additional costs were incurred in making the premises Covid secure. Income from freewill offerings held up due to an increasing number of people giving through standing orders. The budget for the forthcoming 2020/21 financial year has been set on a

cautious basis, to take into account the risk of further restrictions and loss of lettings income by some 20%, but still sets a break even position in cash terms. Ongoing monitoring of the financial position and specific work on the lettings performance will be vital during 2020/21 to allow action to be taken in the event of the loss of income exceeding the budget expectation. The financial position early in 2020/21 is within the parameters of the budget despite the second lockdown, lettings have recommenced in good numbers as loosening of restrictions have allowed, and there continues to be interest from new hirers. The potential to save costs in the event of complete closure, together with the availability of unrestricted reserves equivalent to six months of unrestricted payments gives trustees assurance that the organisation is a going concern.

The Trustees have continued to ensure that the Church meets the requirements of public benefit given in the guidance issued by the Charity Commission.

At 31 August 2020 the membership stood at 136 members, a net decrease of 4 since the same time in 2019.

The Music Kids (from 5 yrs old) started the year with 15 members and gained two further members after the pantomime in February. Prior to lockdown, the group sung twice at Eastlake Nursing Home, several times in church services, and at church events, and at the Pepperpot in December. Summer activities unfortunately could not be undertaken due to Covid restrictions.

The annual pantomime this year was ‘The Wizard of Oz’ and, once again, involved 4 performances over 2 days with a large cast of all ages, and an army of helpers backstage, front of house etc. The audiences included many non-members, parents and friends of the children and young people. The money raised, after costs, was distributed amongst the Church, Rainbows, Brownies, Cubs and Music Kids. The raffle proceeds were given to Homestart and profits from the sale of the DVD were given to the Samson MS centre in Guildford.

Mission and Outreach activities have provided financial support for the central mission funds of both the Methodist and United Reformed Churches. The ‘Friday lunches’ are open to all and have raised: £400 for The Cellar, £150 for Milford & Villages Day Centre (Clockhouse), £150 for Age Concern Farncombe, £250 for Guildford Number 5, £250 for Godalming Citizens Advice, Guildford Action £250, Skillway £150, The Dan Eley Foundation £150, Salvation Army Foodbank Guildford £250 and Food Wise £200.

The Lenten Appeal raised £1,144 including gift aid which has been sent to the Red Cross to support their work in fighting Ebola in the Democratic Republic of Congo.

As part of our Christmas fundraising, the Carol Service raised £920 for Christian Aid and the Christmas tree cards raised £780 for the Ophthalmic Project in The Gambia, which carries out cataract operations. Further donations were generously made for this project totalling £4,300.

Action for Children has been supported by collecting boxes £431 and the Christmas Day collection £682 including gift aid.

One container of redundant school equipment from the UK has been shipped to the Gambia for distribution among state schools in the poorest region.

The annual collection of men’s clothing and non-perishable breakfast foods for the Whitechapel Mission for the homeless and rootless of London unfortunately had to be cancelled, but it is intended to organise a collection in 2021.

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Local groups are supported through donations of food made at the Harvest Festival (to the Salvation Army) and by toys at the Weysiders’ Christmas service (to the Cellar).

The Trinity Trust Team (established in 2000 through an initiative of Churches Together in Godalming and District) has been supported with £12,000 towards their work as Christian youth workers in the local schools and community and their church based youth ministry.

The Cellar (Ecumenical) Christian Cafe had to close its town centre premises during the year as the lease could not be renewed and the search started for alternative premises. They continued to meet regularly for prayer and praise and management and trustee meetings. Regular customers have continued to be supported by phone.

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Messy Church has met approximately once per half term prior to lockdown, and is a real outreach activity, welcoming families otherwise unconnected with our church for two hours of activities, including a worship time with a story, songs and prayers and ending with a party tea. Attendance is unpredictable, and has varied between 14 and 40 children plus parents/carers.

The improved premises continue to be used extensively by members and non members alike. The local community groups using our premises include; Al Anon (family support group), Art classes (a new class), Baby Sensory (3-24 months old development and support classes, a new class), Conquest Art Club (disabled artists), Diabetes Prevention classes run by ICS for the NHS), Fleur de Lys Morris Dancers, Friday Lunches (hot and cold meals sold to all), Godalming School of Dance (3 years to adult) on Wednesday, Friday and Saturday, Godaltots (mother and toddlers group), Godalming Orchestra (a new fledgling group but growing), Hobbies Group, Kiko Soccer School (toddlers to 4 year olds), Ladies Fellowship Group, Ladies Over 50s Keep-fit, Mini Athletics (for children 2 to 4 years old), Monday Group(Bible study group), Music Kids (4 to teenagers), Muslim Friday Prayer Group, Paracise (exercise to music, adults of all ages), Pilates (exercise group), Playball, Qui Group (a new group), Self Defence Training, Weysight (Blind Club), Weight Watchers, Yoga Groups, 4* Godalming Brownies, 15t Godalming Rainbows, 4 Godalming Scouts and Cubs. Holiday regular users and ad hoc users include: Theatre bugs (3 to 7 years) every school holiday for 2 to 10 days, Godalming Choral Society and Godalming Theatre Group (GTG) for rehearsals, Godalming Town Council (for meetings that need to be away from the office environment), Surrey Youth Support Services meetings, Local Guiders meetings, Major Minors Nursery School Christmas sing-a-long and summer graduations, Public Meetings, Children and Adults birthday parties, Concerts held in the church include: Godalming Band (twice a year), Godalming Youth Orchestra (up to 3 times a year), Woolsacks Musical All-sorts for OAP’s and the younger people (once a year) and Godalming 6" Form College’s annual charity concert.

. Financial Review & Examined Accounts

to 31 August 2020

The accounts of the Church and Mission & Outreach have been examined and have been prepared in accordance with the Charities Act 2011 and applicable Accounting Standards in the United Kingdom including the Financial Reporting for Smaller Entities (FRSSE) (effective 1 January 2015), under the historic cost convention and the Statement of Recommended Practice ‘Accounting and Reporting by Charities (Revised 2015).

Income to the General Funds for the year amounted to £116,138 (2018/19 £124,237), a decrease of 6.5% compared to the previous year. Expenditure from the General Funds was £1,922 lower compared to 2018/19. The primary source of income is donations, offerings and letting of church premises. The loss of income from offerings was mitigated to some extent by additional people moving to standing orders during lockdown. There was a loss of income during the period March to August 2020 due to the national lockdown and then subsequent restrictions on activities. Lettings started to recommence during the summer, and there continues to be interest from new hirers.

Income into the restricted fund in 2019/20 was income to Mission and Outreach. Funds of £12,588 (2018/19 £8,023) were distributed during the year and a further £13,060 (2018/19 £15,817) by grants and donations from unrestricted Church funds.

The managing trustees consider that a balance on unrestricted funds equivalent of up to six months of unrestricted payments (circa £55,000) to be adequate to cover fluctuations in income and expenditure, particularly unexpected shortfalls on lettings income. Unrestricted reserves of £56,461 at 31st August 2020 are close to this level and considered to be appropriate based on current and planned activities.

A balance of £30,000 is now in the Fabric Reserve. Due to the age of the buildings, it is felt to be prudent to have a fabric reserve to cover unforeseen situations requiring urgent attention beyond the Church’s ability to raise funds to that extent in a particular year. The balance of restricted funds of £1,881 in Mission and Outreach will be distributed in the current year. Fund balances are held with the Central Finance Board of the Methodist Church.

The report was approved by the Trustees on 13 January 2021 and signed on its behalf by:

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oo ser
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Rev'd A Payne, Trustee

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Independent Examiner's Report to the Trustees of Godalming United Church

| report to the trustees on my examination of the financial statements of Godalming United Church (‘the charity’) for the year ended 31 August 2020 which comprise the Statement of Financial Activities, the Balance Sheet and related notes.

This report is made solely to the charity's trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that | might state to the charity's trustees those matters | am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, | do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for my work, for this report, or for the opinions | have formed.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

| report in respect of my examination of the charity's financial statements carried out under section 145 of the Act and in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently | express no opinion as to whether the financial statements present a ‘true and fair’ view and my report is limited to those specific matters set out in the independent examiner's statement.

independent examiner’s statement

| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the

financial statements to ke reached.

Andrew Skilton, ACA aR Brewers Chartered Accountants Bourne House Queen Street, Gomshall, Surrey, GU5 OLY

“ds January 2021

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GODALMING UNITED CHURCH

STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31 August 2020

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General Designated Restricted Total Total
Notes Funds Funds Funds 2020 2019
INCOME FROM: £ £ £ £ £
Donations 76,509 . 8,635 85,144 87,985
Income tax recoverable on donations 16,500 - 1,067 17,567 17,564
93,009 * 9,702 102,711 105,549
Charitable activities
Lettings 22,413 . - 22,413 29,379
Othertradingactivities
Fundraising - - 4,578 4,578 120
Investments 215 . 4 219 187
Other income 501 = * 501 =
TOTALINCOME 116,138 14,284 130,422 135,235
EXPENDITURE ON:
Charitable Activities 2 111,320 26,551 12,588 150,459 147,816
TOTAL EXPENDITURE 111,320 26,551 12,588 150,459 147,816
NET INCOME/{EXPENDITURE) 4,818 (26,551) 1,696 (20,037) (12,581)
TRANSFERS BETWEEN FUNDS (3,381) 5,000 (1,619) - -
NETMOVEMENT IN FUNDS 1,437 (21,551) 77 (20,037) (12,581)
RECONCILIATION OF FUNDS:
TOTAL FUNDS BROUGHTFORWARDAT
01/09/2019 10,11 55,024 2,361,479 1,804 2,418,307 2,430,888
TOTAL FUNDS CARRIED FORWARD AT
31/08/2020 10,11 56,461 2,339,928 1,881 2,398,270 2,418,307

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GODALMING UNITED CHURCH

Balance Sheet

At 31 August 2020

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||||||||| |---|---|---|---|---|---|---|---| |2020|2019| |Notes|£|£|£|£| |FIXED|ASSETS| |Tangible|fixed|assets|7|2,312,126|2,336,479| |CURRENT|ASSETS| |Debtors|8|23,685|23,840| |Cash|at|bank|and|in|hand|67,074|60,994| |90,759|84,834| |CREDITORS|:|ammount|falling due|within|one| |year|9|4,615|3,006| |_~| |NET CURRENT ASSETS|86,144|81,828| |NET ASSETS|2,398,270|2,418,307| |RESERVES| |Unrestricted|Funds|56,461|55,024| |Designated|— Fabric|reserve|10|30,000|25,000| |Designated|— Property|10|2,309,928|2,336,479| |2,339,928|2,361,479| |Restricted|11|1,881|1,804| |Total|funds|2,398,270|2,418,307| |Approved|by the Council|on|13 January 2021| |and|signed|on their|behalf|by:| |a|a| |Rev'd A A|Payne|- Council Council|Member|J|Rowling|- Treasurer|

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a a
Rev'd A A Payne - Council Council Member
Charity number: 1128613
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GODALMING UNITED CHURCH

Notes to the Financial Statements Year to 31% August 2020

1. Accounting Policies

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The church is a public benefit entity and the financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015.

; “The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

The particular accounting policies adopted by the trustees are described below. The level of rounding is £1 and the functional currency is Sterling.

Going Concern

The accounts have been prepared on the going concern basis. The trustees have carried out a review of revised forecasts and budgets following the outbreak of COVID 19 and believe there are sufficient resources to continue for the foreseeable future, which is defined as one year from the date of signing these accounts.

Accounting convention

The financial statements have been prepared under the historic cost convention and on an accruals basis.

Incoming resources

All incoming resources are included in the Statement of Financial Activities when the church is entitled to the income and the amount can be quantified with reasonable accuracy.

Resources Expended

Liabilities are recognised as expenditure when there is a legal or constructive obligation committing the Charity to expenditure, it is probably that settlement will be required and the amount of the obligation can be measured reliably. Grants payable are payments to third parties in furtherance of the Charitable objectives of the Church.

VAT

Irrecoverable VAT is charged against the expenditure heading for which it was incurred.

GODALMING UNITED CHURCH

Notes to the Financial Statements Year to 31% August 2020

Allocation of Support Costs

All support costs are allocated to charitable activities. Governance costs are the independent examination.

Charitable Activities

The expenditure on Charitable activities includes grants made and support costs.

Tangible fixed assets

Depreciation is provided on cost over the estimated useful lives of the assets, The rates of depreciation are as follows:-

Land and Buildings 1% straight line basis

Fixtures, fittings and equipment

25% reducing balance basis

The freehold land and buildings have been included in the balance sheet with effect from 1* September 2006 at values used for insurance purposes. Other assets are deemed to be fully depreciated and no value has been included for these assets.

Assets costing less than £1,000 are not included as fixed assets, but are written offin the year.

Debtors

Debtors are recognised at settlement amount.

Creditors

Creditors are recognised when the Charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount to settle the obligation can be measured with reasonable reliability. Creditors are recognised at settlement amount.

Financial instruments

The Charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially measured at transaction value and subsequently measured at their settlement value.

GODALMING UNITED CHURCH

Notes to the Financial Statements Year to 31** August 2020

Organisations

The accounts include the results of the church and its mission funds. Some smaller groups’ income and expenditure, and balances have not been consolidated into the results as the amounts are small and the Council consider that the value obtained by the inclusion is outweighed by the amount of work required.

Funds

Donations received by the church which are specific as to the use of the funds are included as restricted funds. Other funds are unrestricted except for those designated by the Trustees. These include funds set aside for specific purposes by the Trustees.

General Designated Restricted
Notes Funds Funds Funds 2020 2019
£ £ £ £ i
2. Charitable Activities
Grants 3 13,060 - 12,588 25,648 23,840
Circuit assessment 69,410 - - 69,410 69,410
Support Costs
Church premises 4 22,192 - . 22,192 23,329
Officecosts 5 5,398 - - 5,398 2,946
Governance cost 6 1,260 is - 1,260 1,740
Depreciation 7 - 26,551 - 26,551 26,551
111,320 26,551 12,588 150,459 147,816

GODALMING UNITED CHURCH

Notes to the Financial Statements

Year to 31%* August 2020

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|||||| |---|---|---|---|---| |2020|2019| |£|£| |3.|Grants| |Trinity Trust|12,000|12,000| |Sundry|other donations|100|2,857| |Churches Together|in|Godalming|960|960| |Gambia|appeals|7,348|1,976| |Denominational|Funds|2,013|2,384| |World|Mission|646|946| |Sundry|mission|donations|2,581|2,717| |25,648|23,840| |4.|Church|Premises|£|£| |Lighting|and|Heating|6,593|5,434| |Cleaning|5,534|10,309| |insurances|3,416|3,699| |Repairs and|maintenance|6,649|4,514| |22,192|23,956| |5.|Office|Costs|£|£| |Stationery|and|Photocopying|614|842| |Music and|Licences|580|677| |Miscellaneous|casts|4,204|2,386| |5,398|3,905| |6.|Governance|Cost|£|£| |Independent|Examiner's fee|1,260|1,740|

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GODALMING UNITED CHURCH

Notes to the Financial Statements Year to 31*t August 2020

7. Tangible Fixed Assets

Freehold
Land& Other Fixtures
Buildings Equipment & Fittings Total
Ee £ £ £
Cost
At 1stSeptember2019 2,655,091 - - 2,655,091
Additions - 2,198 - 2,198
At31stAugust 2020 2,655,091 2,198 - 2,657,289
Depreciation
At ist September 2019 318,612 - - 318,612
Chargeforthe year 26,551 . . 26,551
At3istAugust2020 345,163 - - 345,163
NetBook Value
At3istAugust2020 2,309,928 2,198 2,312,126
At31stAugust2019 2,336,479 - - 2,336,479
8. Debtors
2020 2019
£ £
Income tax recoverable 6,333 6,488
Prepayments 17,352 173952
23,685 23,840
9. Creditors
2020 2019
£ £
Accruals 4,615 3,006

GODALMING UNITED CHURCH

Notes to the Financial Statements Year to 31% August 2020

10. Designated funds

10. Designated funds Balance Balance
01/09/2019 Income Expenditure =‘Transfers 31/08/2020
£ £ £ £ £
Fabric Reserve 25,000 - - 5,000 30,000
Property 2,336,479 - (26,551) - 2,309,928
2,361,479 - (26,551) 5,000 2,339,928
11. Restricted funds Balance Balance
01/09/2019 Income Expenditure Transfers 31/08/2020
£ £ £ £ £
Mission Fund 1,804 14,284 (12,588) (1,619) 1,881
1,804 14,284 (12,588) (1,619) 1,881

The Mission Fund fundraises for charities operating outside the church. The balance will be utilised in 2020. The transfer to unrestricted is fundraising income specifically raised for the church.

12. Transactions with Trustees

No council members received remuneration or expenses.

Donations from trustees during the year were £10,792 (2019: £9,200)

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13. Analysis of funds Unrestricted Designated Restricted Total
£ £ £ £
Fixed Assets 2,198 2,309,928 - 2,312,126
Net Current Assets 54,263 30,000 1,881 86,144
Total 56,461 2,339,928 1,881 2,398,270
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14. Capital Commitments

At the year end there were no capital commitments.

GODALMING UNITED CHURCH Notes to the Financial Statements Year to 31% August 2020

15. Statement of Financial Activities for year ended 31 August 2019

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|||||||||| |---|---|---|---|---|---|---|---|---| |General|Designated|Restricted|Total| |Notes|Funds|Funds|Funds|2019| |INCOME|FROM:|£|£|£|£| |Donations|76,391|-|16,994|87,985| |Income|tax|recoverable|on|donations|17,564|-|-|17,564| |94,555|10,994|105,549| |Charitable|activities| |Lettings|29,379|29,379| |Other|trading|activities| |Fundraising|120|.|-|120| |Investments|183|a|4|187| |TOTAL INCOME|124,237|-|10,998|135,235| |EXPENDITURE|ON:| |Charitable|Activities| |Grants|15,817|-|8,023|23,840| |Circuit|assessment|69,410|-|-|69,410| |Support Costs| |Church|premises|23,329|-|-|23,329| |Office|costs|2,946|:|-|2,946| |Depreciation|.|26,551|-|26,551| |Independent|Examiners’ fees|1,740|-|-|1,740| |.| |TOTAL EXPENDITURE|113,242|26,551|8,023|147,816| |NET EXPENDITURE|10,995|(26,551)|2,975|(12,581)| |TRANSFERS|BETWEEN|FUNDS|(2,495)|5,000|(2,505)|s| |NET MOVEMENT|IN|FUNDS|8,500|(21,551)|470|(12,581)| |RECONCILIATION|OF|FUNDS:| |TOTAL FUNDS BROUGHT FORWARD AT 01/09/2018|46,524|2,383,030|1,334|2,430,888| |TOTAL FUNDS CARRIED FORWARD AT 31/08/2019|55,024|2,361,479|1,804|2,418,307|

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