2023-08-31-accounts

Page
1	Report ofthe Trustees
2	Trustees' Responsibilities
3	Independent Examiner's	Report
4	Statement ofFinancial Activities
5	Balance Sheet
6 - 9	Notes
10	Reserves Policy

Forthe year e	n	ded 31August	2023
							(As	restated)
				Unrestricted	Designated	Restricted	2023	2022
			Note	Funds	Funds	Funds	Total	Total
INCOME				E	E	E	f	E
Offerings &Tax	Recovered			98,146		74,039	172,185	95,605
Grants						69,500	69,500
Legacies				5,000			5,000
Bank Interest				873		370	1,243	116
Lettings				70,012			70,012	61,698
Other Receipts				8,129			8,129	4,747
TOTAL INCOME				182,160		143,909	326,069	162,166
EXPENDITURE
Circuit Generous		Giving		54,132			54,132	51,822
Diocese Common		Fund		18,847			18,847	18,585
Donations				7,550			7,550	7,055
Repairs &Maintenance				23,101	11,968	41,046	76,115	34,140
Utilities				38,853			38,853	28,328
Other Payments				26,799			26,799	28,836
TOTAL EXPENDITURE				169,282	11,968	41,046	222,296	168,766
NET INCOME FOR THE YEAR				12,878	(11,968)	102,863	103,773	(6,600)
Transfers Between Funds				(22,050)	22,050
Net Movement in Funds Reconciliation ofFunds:				(9,172)	10,082	102,863	103,773	(6,600)
Brought Forward		From Last Year		800,255		13,556	813,811	820,411
Total Funds Carried Forward				791,083	10,082	116,419	917,584	813,811

As at 3	1August 2	023
								(As restated)
					Notes	2023		2022
						E	E	E
Tangible	Fixed Assets
Land &	Buildings						700,000	700,000
Current	Assets
Debtors	&Prepayments				5	32,481		14,583
Cash at	Bank and in	Hand				158,052		65,276
Trustees	for Methodist		Church Purposes			77		12,656
Central	Finance Board					30,569		22,296
						221,179		114,811
Creditors: amounts		falling		due within one year
Creditors and Accruals					6	(3,595)		(1,000)
Net Current Assets							217,584	113,811
Total Assets less Current				Liabilities			917,584	813,811
Income	Funds
Restricted Funds							116,419	13,556
Unrestricted Funds:
Designated Funds							10,082
General	Unrestricted	Funds					791,083	800,255
							917,584	813,811

Payments toTruste	es
							2023	2022
							E	E
Payments made to	Trustees for additional services					provided to the Church
by agreement with	the Ecumenical			Church	Council	Meeting.
Salaries and Associated		Costs
Staff Costs paid during the year were:
							E	E
Gross wages and salaries							24,872	24,627
Employer's National	Insurance		Contributions				104	135
Pension Costs							193	172
Total Staff Costs							25,169	24,934
Tangible Fixed Assets								(As restated)
								Church Land
								&Buildings
Cost orValuation								E
Brought forward								700,000
Additions
Disposals
Carried forward								700,000
Accumulated Depreciation
Brought forward
Depreciation charge for		the year
Disposals
Carried forward
Net BookValue								700,000
There is no depreciation		figure	for	church buildings		asthe impairment	review at the end ofthe year
judged the market value		to be	greater than		book value.

3	1August 2023
		2023	2022
5	Debtors &Prepayments	f	E
	Accrued Income	32,481	14,583
6	Creditors &Accruals
	Trade Creditors	3,543	1,000
	Due to External Organisation	52
	Total	3,595	1,000

			Opening				Closing
			Balance	Receipts	Transfers	Payments	Balance
Internal	Funds		E	f	E	E	f
W Davey	Bequest		11,888	351	{12,163)		76
JSimpson Bequest			768	19	{787)
Solar Panels Fund			600	30,000			30,600
Spire Repair Fund				106,869	12,950	35,795	84,024
Morris Window Fund				4,570		4,570
Music/AV	Equipment	Fund		2,100		681	1,419
Total			13,256	143,909		41,046	116,119
Internal	Organisations
Tuesday	Cafe Fund		300				300
Total			300				300
Total Restricted Funds			13,556	143,909	-	41,046	116,419
Designated Funds
				Transfer	Transfer
				from	to
			Opening	General	General		Closing
			Balance	Fund	Fund	Payments	Balance
					E	E	E
Spire Repair				22,050		11,968	10,082