## Future Foundations Financial Statement to end of 2024 


**----- Start of picture text -----**<br>
Summary<br>Opening balance - (project start-up funds from sale of house in 2019)  £328,572.00<br>Income (fund raising, grant, donation and interest)  £  46,147.99<br>Expenditure (see breakdown of costs below)  £174,195.58<br>Closing balance December 2024 (deposit account) £196,569.55<br>Closing balance December 2024 (current account £ 2,827.40<br>**----- End of picture text -----**<br>


|PROJECT COSTS|PROJECT COSTS||
|---|---|---|
|Phase 1 costs (2019-2022)|||
|1.|Installation of digital projector and screen (and upgrade of sound system)||
|£25,000.00|||
|2.|Feasibility studies by architect (church and hall)|£3,400.00|
|3.|Live streaming installation during Covid lockdowns|£5,000.00|
|4.|New audiovisual equipment in hall|£5,192.40|
|5.|New audiovisual equipment in church|£1,380.00|
||sub total      £39,972.40||
|MAIN PROJECT COSTS: (2022 - end of 2023)|||
|1.|Land sale costs (architect, agent fees, solicitors and Traford Council)|£27,389.40|
|2.|Church Architect fees|£49,596.58|
|3.|Church Preparatory costs (contractor reports and Traford Council)|£31,065.12|
|4.|Salaries (Grant administrator; Families & Children’s Worker)|£5,075.00|
||sub total   £113,126.10||
|MAIN PROJECT COSTS: (2023 - end of 2024)|||
|5.|Land sale costs : architect, agents’ fees, reports (ecology, bats, security, carbon budget, tree||
||survey and transport) and Traford Council planning application fee|£8,994.20|
|6.|Church Architect & Planning Expert’s fees|£1,585.88|
|7.|Removal of pews|£840.00|
|8.|Salaries (Parish Secretary; Families & Children’s Worker)|£9,677.00|





sub total   £21,097.00 

Total  Costs to date £174,195.58 



## Accounts 2024 

|Account|2024|2023|Annual Budget<br>2024|
|---|---|---|---|
|Exceptional Income|0|0|0|
|Surplus from Sale of Assets|0|0|0|
|Income|122,633|125,137|126,700|
|Gift Aided Donations|48,663|50,056|51,000|
|Envelopes|4,535|4,112|1,000|
|Plates|0|0|0|
|Appeals|160|20|0|
|un-restricted|160|20|0|
|restricted|0|0|0|
|Funeral|0|0|0|
|Wedding|0|0|0|
|Baptism|64|0|0|
|Standing Orders|43,904|45,924|50,000|
|Non-Gift Aided Donations|23,672|21,346|28,000|
|Envelopes|623|661|0|
|Plate|962|1,250|0|
|Funeral|9|827|0|
|Wedding|55|45|0|
|Donnations Restricted|0|0|0|
|Appeals|12,444|8,152|0|
|un-restricted|11,538|8,152|0|
|restricted|906|0|0|
|Legacies|0|0|0|
|Baptism|14|133|0|
|Votive Candles|144|139|0|
|Standing Orders|9,422|10,139|0|
|Fund Raising|5,596|7,623|7,000|
|Lunch and Coffee morning|0|17|0|
|restricted|0|0|0|
|non-restricted|0|17|0|
|Lent lunches|0|0|0|
|Other|5,596|7,606|0|
|restricted (non-GA)|288|165|0|
|restricted (GA)|0|0|0|
|non-restricted (non-GA)|5,308|7,441|0|
|non-restricted (GA)|0|0|0|
|Trading|321|125|150|
|Adverts magazines|0|0|0|
|Sales magazines|153|0|0|
|Bookstall sales|168|125|0|
|Fees|4,890|6,398|2,500|





|Wedding/Bann Certificates|246|312|0|
|---|---|---|---|
|Wedding Fees|629|1,000|0|
|Church Funeral|2,854|2,373|0|
|Crematorium|1,161|2,713|0|
|Rent Income|21,538|22,297|21,000|
|St Anne Church|1,360|1,200|0|
|St Anne Hall|20,178|21,097|21,000|
|St Francis|0|0|0|
|Gift Aid Rebate|15,141|14,443|14,500|
|HMRC Rebate|15,141|14,443|14,500|
|VAT Rebate|0|0|0|
|VAT Rebate|0|0|0|
|Reimbursed Expenses|0|0|0|
|Reimbursed Expenses|0|0|0|
|Interest|1,002|283|0|
|Un-restricted|1,002|283|0|
|Restricted|0|0|0|
|Designated|0|0|0|
|Sum Up|0|0|0|
|Internet Income|0|0|0|
|Ticket Sales|1,810|2,566|2,550|
|Income-Uncategorised|0|0|0|
|Banking|0|0|0|





|Expenses|144,729|127,725|132,050|
|---|---|---|---|
|Cost of Generating Funds|907|807|750|
|Cost of Generating Funds|457|807||
|restricted|0|0||
|Un-restricted|457|807||
|Other|450|0||
|Parish Share|75,344|71,757|75,600|
|Parish Share|75,344|71,757|75,600|
|Costs of Clergy|2,556|1,265|500|
|Assignment|1,658|0||
|Clergy Expenses|898|1,265||
|Insurance & Licences|11,895|10,354|11,000|
|Builidings insurance|10,801|9,133|10,500|
|St Anne|9,598|7,913||
|St Francis|1,203|94||
|St Anne Hall|0|1,127||
|Scout Hut|0|0||
|Music Rights|1,094|1,220|500|
|St Anne|766|919||
|St Francis|0|0||
|St Anne Hall|328|301||
|Church Running Expenses|2,825|1,746|1,500|
|Altar|121|225||
|Worship|2,078|1,081||
|Music (restricted)|0|0||
|Music (non-restricted)|246|0||
|Organ/Piano|380|440||
|Funerals|0|0||
|Readers etc.|0|0||
|Children's Ministry|396|2,022|750|
|School Expenses (excl. donations)|321|1,731||
|School Donations|0|0||
|Child and Family worker|75|291||
|Cash payments|0|0|450|
|Young Choir St Anne|0|0||
|Warden cash|0|0||
|Magazine & Bookstalls|0|0|0|
|Magazines expenses|0|0||
|Boookstalls expenses|0|0||
|Salaries & Wages|5,383|4,290|5,000|
|Assistant Priest|0|0||
|Organist Wages|0|0||
|Choir lead|2,700|1,320|3,000|
|Organist Fees|2,683|2,970|2,000|
|Verger Fees|0|0||
|Hall Cleaner|0|0||
|Other|0|0||
|Church Donations|1,538|1,500|1,400|
|Missionary Societies|0|0||
|Un-restricted|0|0||





|Restricted|0|0||
|---|---|---|---|
|Relief & development|0|0||
|Home missions|1,538|1,500|1,400|
|Secular Charities|0|0||
|restricted|0|0||
|Un-restricted|0|0||
|Fees|3,901|0|3,600|
|Fees|3,901|0||
|Management & Administration|5,229|4,341|4,500|
|Equipment Hire|1,693|1,352|2,000|
|Legal & Professional fees|0|0||
|Bank comission|48|45||
|Printing & Stationary|63|0|1,000|
|Other admin costs|3,424|2,944|1,500|
|Buildings|34,754|29,644|27,000|
|St Anne|18,104|13,326|13,300|
|Major Building Works|0|0||
|Maintenance|1,428|1,317|1,500|
|Fixtures & Fittings|0|0||
|Fixtures & Fittings un-restricted|0|0||
|Fixtures & Fittings restricted|0|0||
|Churchyard upkeep|5,105|1,262|1,200|
|Water|291|279|300|
|Gas|9,819|9,276|9,000|
|Electricity|1,461|1,192|1,300|
|St Francis|2,691|795|940|
|Maintenance|1,536|0|0|
|Ground upkeep|0|0|0|
|Water|349|795|700|
|Gas|806|0|240|
|Electricity|0|0|0|
|Vicarage|2,818|2,667|3,000|
|Concil Tax|2,397|2,283|2,600|
|Water|421|384|400|
|Maintenance|0|0|0|
|St Anne Hall|10,634|12,293|9,300|
|Maintenance|3,947|5,529|3,200|
|Water|374|573|600|
|Gas|4,160|5,128|4,500|
|Electricity|2,154|1,063|1,000|
|Scout Hut|508|563|460|
|Maintenance|170|60|60|
|Water|136|257|150|
|Gas|0|0||
|Electricity|201|246|250|
|Expenses-uncategorised|0|0||
|Excess/(Deficit) of income over<br>expenditure|-£22,096|-£2,588||





|Income|122,633|125,137|126,700|
|---|---|---|---|
|Expenses|144,729|127,725|132,050|
|Excess/(Deficit) of||||
|income over|-22,096|-2,588|-5,350|
|expenditure||||





## Financial Summary 

|1|Income & Expenditure|2024|2023|
|---|---|---|---|
|A|Income|£122,632|£125,137|
|B|Expenditure|£144,729|£127,725|
|C|Expenditure – Future Foundations Project|£  21,097|£67,442|
|D|Profit / Loss for the year (on Running<br>Expenses)|£  22,097|-£2,588|
|||||
|2|Balances|||
|A|Parish Current Account|||
|1|Annual Opening Balance|£7,169|£2,225|
|2|Annual Closing Balance|£6,740|£7,169|
|3<br>Movement of Funds<br>-£  429<br>£4,944<br>~~a~~||||
|B|Future Foundations Current Account|||
|1|Annual Opening Balance|£8,052|£14,257|
|2<br>Annual Closing Balance<br>£2,827<br>£8,052<br>3<br>Movement of Funds<br>-£5,225<br>-£6,205<br>~~es~~||||
|C|Deposit Account Future Foundations|||
|1|Annual Opening Balance|£202,890|£297,028|
|2|Annual Closing Balance|£196,570|£202,890|
|3<br>Movement of Funds<br>-£6,320<br>-£94,138<br>C<br>Deposit Account - Parish  (opened 17.08.23)<br>~~_Ls~~||||
|1|Annual Opening Balance|£26,696|£0|
|2|Annual Closing Balance|£  5,190|£26,696|
|3<br>Movement of Funds<br>-£21,506<br>£26,696<br>~~a~~||||
|E|Overall Balance|||
|A|Total Opening Balance (All Balances)|£244,807|£313,604|
|B|Total Closing Balance (All Balances)|£211,327|£244,807|
|C|Final Overall Balance|-£33,480|-£68,797|



The Church also owns the properties St Annes Church, St Church Hall, St Francis and Scout Hut.