Charlty reglstration number 1137919
CHESTER LE STREET METHODIST CHURCH
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

CHESTER LE STREET METHODIST CHURCH
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mrs Karen Heptinstall
Mrs Marion Smith
Mrs Brenda Wood
Mr Thomas Indian
Mrs Margaret Walton
Mrs Kathryn Johnson
Mr Stephen Wroe
Mrs Dorothy Hedley
Mr Brian Straughan
Mr Robert Dobson
Mr Frederick Johnson
Mr Robert Berry
Mrs Freda Raine
Mr Derick Lawson
Mrs Dorothy Carr
Mrs Joan Moore
Mr N Garlick
Mr T Smith
Charlty number
1137919
Indepondent axamlner
Steven Chambers
Gunnell & Chambers Accountants
8 Fellside Road
Whickham
Newcastle Upon Tyne
NE16 4AL

CHESTER LE STREET METHODIST CHURCH
CONTENTS
Page
Trustees, report
Independent examiner's report
ststement of financial activities
Balance sheet
Notes to the financial statements
8-14

CHESTER LE STREET METHODIST CHURCH
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
At the beginning of September 2023 we welcomed Rev. Jenny Porterpryde as our new
Minister. Working with the Lay leadership of Chester-le-street Methodist Church,
opportunities for growth and development in the ongoing life of the church are being faced.
The financial statements have been prepared in accordance with the accounting policies set out in note note,note01
to the financial statements and comply with the Charity's governing document. the Charities Act 2011 and
"Accounting and Reporting by Charities-. Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
1021" (effective 1 January 2019).
Objectives and actlvlties
Church Mission statement- A permanent commitment by the whole Church to reach out and become more involved
in the life of the community of Chester-Le-Street and for the community to be supported by the wider Church family.
The purposes of the Methodist Church are and shall be deemed to have been since the Date of Union the
advancement of..
al The Christian faith in accordance with the doctrinal standards and discipline of The Methodist Church.
b) Any charitable purpose for the time being of any Connexional, District, Circuit, local or other
organisation of The Methodist Church:
c}Any charitable purpose for the time being of any society or institution subsidiary or ancillary to The
Methodist Church.,
d)Any purpose for the time being of any charity being a charity subsidiary or ancillary to The Methodist
Church
Worshipping God through prayer, song and other acts of worship.
The organisation and resourcing of regular public acts of worship open to members of the church and non members
alike.
The teaching of Christianity through semons, courses and small groups.
The resourcing of pastoral work including visiting the sick and bereaved.
Taking religious assemblies in local schools.
Promotion of Christianity through the staging of events and services.
Provision of chaplaincy services to local schools, care homes and other institutions as appropriate and when able.
Public benefit
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activitl8S the
Charity should undertake.
Achievements and performance
Significant activities and achievements against objectives
Flnanclal revlew

CHESTER LE STREET METHODIST CHURCH
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Coffee mornings continue to be welcomed on a three times a week basis. They provide a good opportunity
for fostering friendship and fellowship. Coinciding with the Tuesday Coffee Moming, a group calling
themselves the 'Knit and Natter, group meet for a drink while busying themselves with their knitting skills
and having a chat. of course.
The 'Thursday Lunches. have continued to operate providing a 3 course meal plus a hot drink at a very
resaonable price. Another opportunity for friendship and fellowship. Thursday Lunches are held on the first
and third Thursday of each month.
Wellbeing continues to be a focus of the Church and Cornerstones. On most Salurdays, sessions are held
which provide people with the opportunity to either be creative or to enjoy periods for meditation.
Partnering with TLG, we have continued to support families struggling to feed their children during school
holidays through 'Make Lunch., These lunches are now held on site. We are no longer doing deliveries.
The enjoyment of the children was further developed through a Family Fun Day.
November saw another Memorial Service. It was a poignant time of helping not only church members but
also the wider community find space to grieve.
Before Remembrance Day, many poppies were knitted. These were attached to our large wooden cross
which was lifted out to stand on the steps at the front of the church. This was both admired and appreciated
by many people. but particularly by the large group of people who attended the Remembrance Day Seryice
which was held in the market place.
We held another Christmas Fayre which was well supported and a Book Sale in March.
Christmas services which were held included a Christingle service with the emphasis on young children
and a service on the morning of Christmas Day. There was also a Carol SeNice which again included the
ever popular Community Choir where the emphasis was on enjoyment as well as providing support for the
singing of the Carols. A recent innovation was the making of a Christmas Tree from green knttted squares
which were arranged on a metal frame. A development this time was the addition of knitted tree
decorations. Standing at the top of the ramp the tree was a very welcoming sight for visitors to our church.
The Boys, Brigade and Brownies continue to thrive and the Toddler groups are operating at full capacity.
The Women's Fellowship has continued to thrive with ever increasing members. Wth fewer volunteers due
to age and health issues, we are heavily reliant on faithfully Committed church members who give
unsparingly of their time and energy. As another year closes, we are reminded of the faithful members who
have died - of their faith, their energy and their friendship.
Income trends
Church income is primarily drawn from the Sunday collections and Gift Aid tax credit paid by the
congregation and lettings income paid by external users of the building.
The lettings income particularly relates to the hire of the church halls to various groups in the community.
Expendlture trends
The major cost is in relation to the assessm&nl paid to the Chester-.le-Street Circuit This amounts to
60.950/¢ of our total cost. The Circuit assessment increased by £5863 compared to the previous year.
A significant amount of the Circuit assessment is used to pay the District ossessment. stipends and related
osts to Ministers.
The other expenditure includes donations to Connexional Funds, property expenditure (caretaking and
cleaning costs, utilities costs, insurance and accountancy fees) and other employees, expenses.

CHESTER LE STREET METHODIST CHURCH
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Reserves policy
The Reserves Policy for the Church is to hold a minimum sum equivalent to 6 months, average expendture. This
equates to £70,350. This should be sufficient to meet any unforeseen item of major expenditure on the church
building andlor to be able lo continue, in the short tenn, funding planned activities in the event of any inability to
raise Ihe full expenses including the assessment payable to the Circuit.
Rlsk Management
The major risks have been identified and recorded by the Trustees with professional advice taken as required.
There is a regular annual review process undertaken and recorded.
Income and Expendilure is being monitored in total and 15 compared with the approved annual btjdget on a half
yearly basis to detect trends as part of the risk management process to avoid unforeseen call on reserves. The
pandemic caused some funding concerns and a closer watch on finances has been set up.
Safeguardlng
Every person has a value and dignity which comes directly from the creation of male and female in God's own
image and likeness. Christians see this potential as fulfilled by God's re-creation of us in Christ. Among other things
this implies a duty to value all people as bearing the image of God and therefore to protect them from ham.
Methodist Connexional practice outlines commitment to the following principles..
the care and nurture of, and respectful pastoral ministry with, all children, young people and adults
the safeguarding and protection of all children, young people and adults when they are vulnerable
the establishing of safe, caring communities which provide a loving environment where there is infDrmed
vigilance as to the dangers of abuse
We will carefully select and train all those with any responsibility within the Church, in line with Safer
recruitment principles, including use of criminal records, disclosures and reglstration with the relevant
vetting and barring schemes
We will respond without delay to every complaint made whlch suggests that an adult, child or young person
may have been harmed, cooperating with the police and local authority in any investigation
We will seek to work wlth anyone who has suffered abuse, developing with them an appropriate ministry of
informed pastoral care
We will seek to challenge and abuse of power, especially by anyone in a position of trust.
We will seek to offer pastoral care and support, including supervision and referral to the proper authorities,
to any member of our church community known to have offended against a child, young person or
vulnerable adult
In all these principles we will follow legislation, guidance and recognised good practice.
The Chester-Le-Street Ichurch commits itself lo ensuring the implementation of Connexional Safeguarding Pollcy..
government legislation, guidance and safe practice in the circuit and in the churches.
The Chester-Le-Street Church commits itself to the provision of support, advice and training for lay and ordained
people Ihat will ensure people are clear and confident about their roles and responsibilitl8s in safeguarding and
promoting th8 welfare of children and adults who may be vulnerable.
GDPR
The Chester-le-street Church regularly undertakes a review of procedures to ensure that the full implications of
GDPR legislation has been incorporated in our day to day operation.
structure, governance and management
The goveming document for the church is the Deed of Union (1932) and Methodist Church Act (19761
Detailed governance arrangemenls are outlined within the Constitutional Practice and Discipline of the Methodist
Church by order of the annual conference (CPD)

CHESTER LE STREET METHODIST CHURCH
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
The Trustees who served during the year and up to the date of signature of the financial statements were-
Mrs Karen Heptinstall
Mrs Marion Smith
Deacon Linda Watkin
Mrs Brenda Wood
Mrs Doreen Hume
Mr Thomas Indian
Mrs Jean Auld
Mrs Margaret Walton
Mrs Kathryn Johnson
Mr Stephen Wroe
Mrs Dorothy Hedley
Mr Brian Straughan
Mr Robert Dobson
Miss Clalre Mordue
Mr Trevor Blacklock
Rev lan Kent
Mr Frederick Johnson
Mr Robert Berry
Mrs Freda Raine
Mr Derick Lawson
Mrs Dorothy Carr
Mrs Joan Moore
Mr N Garlick
Mr T Smith
(Resigned 31 August 2024)
(Resigned 31 August 2024)
(Resigned 31 August 2024)
{Resigned 31 August 2024)
(Resigned 31 August 2024)
(Resigned 31 Au9USt 2024)
R6cruitment and appointment of tmstees
Trustees are appointed at the AGM
Organisation81 structure
Day to day management of the church is undertaken by the Church Leadership team along with the minister.
Induction and trdining of trustees
Trustee Tralnlng
A range of guidance produced by the Methodist Connexion to support the effective running of the church and the
role of Trustees is given to the Church Trustees at various meetings andlor training sessions.
Related partlos
The church is part of the Chester-Le-Street Methodist Circuit which is part of the Newcastle District and is also
accountable to the Methodist Conference.
The internal organisations linked to the church are: Women's Fellowship, Boys, Brigade, Prayer Sha￿1 Ministry,
Jigsaw and ParentS￿odd1er8.
The Trustees, report was approved by the Board of Trustees.
Mr T Smith
Trustees
8 January 2025

CHESTER LE STREET METHODIST CHURCH
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF CHESTER LE STREET METHODIST CHURCH
I report to the Trustees on my examination of the financial statements of Chester Le Street Methodst Church (the )
for the year ended 31 August 2024.
Responslbllltles and basls of report
As the Trustees of the you are responsible for the preparation of the financial ststements in accordance with the
requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the 's financial statements carried out under section 145 of the 2011 Act. In
carrying out rny examination I have followed all the applicable Directions given by the Charity Commission under
section 145(5){b) of the 2011 Act.
Independent examlnerfs statement
Your attention is drawn to the fact that the charity has prepared financial statements in aCcOrda￿e with 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) in preference to Ihe Accounting and Reporting by Charities.. Statement
of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been
withdrawn.
l understand that this has been done in order for fin8ncial statements to provide a true and fair view in accordance
with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confimi that. no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the as requlred by section 130 of the 2011 Act., or
the financial statements do not accord wth those records., or
the financial statements do not comply with the applicable requirements concerning the fomi and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the
accounts give a true and fair view which is not a matter considered as part of an independent examination.
I hav8 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 be reached.
steven Chamber8
Gunnell & Chambers Accountants
8 Fellside Road
hickham
Newcastle Upon Tyne
NE16 4AL
Dated.. 8 January 2025

CHESTER LE STREET METHODIST CHURCH
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2024
Unrestrlcted Restrlct8d
funds
funds
2024
2024
Total Unrestrlcted Restricted
funds
funds
2023
2023
Total
2024
2023
Notes
Income from:
Donations and legacies
Charitable activities
Investments
116,226
59,670
2,394
116,226
94,822
2,394
88,669
73,159
2,288
88,669
104,438
2,288
35,152
31,279
Total Income
178,290
35,152
213,442
164,116
31,279
195,395
Expendlture on:
Charitable activities
195,324
28,027
223,351
197,200
40,368
237,568
Total expendlture
195,324
28,027
223,351
197,200
40,368
237,568
Net Incomel(expendlture> and
movement In funds
(17,034)
7,125
{9,909)
(33,084)
19,089)
(42,1731
Reconclllatlon of funds:
Fund balances at 1 September
2023
213,194
33,379
246,573
246,278
42,468
288,746
Fund balances at 31 August
2024
196,160
40,504
236,664
213,194
33,379
246,573
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from continuing activities.

CHESTER LE STREET METHODIST CHURCH
BALANCE SHEET
ASAT31 AUGUST2024
2024
2023
Notes
Flxed assets
Investments
11
67,193
76,947
Current assets
Debtors
Cash at bank and in hand
12
5,140
166,528
5,412
171,547
171,668
176,959
Credltors: amounts falllng due wlthln
one year
13
(2,197>
{7,333}
Net current assets
169,471
169,626
Total a88ets less current Ilabllltl88
236,664
246,573
Net a88ets oxcludlng penslon Ilablllty
236,664
246,573
The funds of the
Restricted income funds
Unr8Stricted funds
14
40,504
196,160
33,379
213,194
236,664
246,573
The financial statements were approved by the Trustees on 8 January 2025
Mr T Smith
Trusteas

CHESTER LE STREET METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
Accountlng policies
Charlty Information
Chester Le Street Methodist Church is a public benefit entity.
1.1 Accounting eonventlon
The financial statements have been prepared in accordance with the 's Igoveming documentl, the Charities
Act 2011, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. {'FRS
102") and the Chaflties SORP "Accounting and Reporting by Charities: Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 1021" (effective 1 January 20191. The is a Public Benefit
Entity as defined by FRS 102.
The has taken advanlage of the provisions in the SORP for charities not to prepare a Statement of Cash
Flows.
The financial statements have departed from the Charitles (Accounts and Reports) Regulations 2008 only to
the extent required to provide a true and fair view. This departure has involved following the Statement of
Recommended Practice for charities applying FRS 102 rather than the version of the Statement of
Recommended Practice which Is referred to In the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the . Monetary amounts
In these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, [modified to include the
revaluation of freehold properties and to include investment properties and certain financial instrL¥nents at fair
value]. The principal accounting policies adopted are set out below.
1.2 Golng concern
At the time of approving the financial statements, the Trustees have a reasonable expectation that the has
adequate resources to continue in operational existence for the foreseeable future. Thus the Truslees
continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charltable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable
objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the .
1.4 Incomo
Income is recognised when the is legally entitled to it after any performance conditions have been met, the
amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are ￿cOgnIsed once the has been notified of the
donation. unless performance conditions require deferral of the amount. Income tax recoverable in relation to
donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipl or otherwise if the has been notified of an impending distribution, the
amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent
asset.

CHESTER LE STREET METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Accountlng policies
(Contlnued
1.5 Expendlture
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a
third paty, it is probable that a transfer of economic benefits will be required in settlement, and the amount of
the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each adivity are made up of the total of dIr￿t costs and
shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single
activity are allocated directly to that activity. Shared costs which contribute to more than one activity and
support costs which are not attributable to a single activity are apportioned between those activities on a basis
consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and
depreciation charges are allocated on the portion of the asset's use.
1.6 Flxed asset Investments
Fixed asset investments are initially measured at transaction price excluding transaction costs. and are
subsequently measured al fair value at each reporting date. Changes in fair value are recognised in net
incomellexpenditurel for the year. Transaction costs are expensed as incurred.
1.7 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term Ilquid
Investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.8 Flnanclal Instruments
The has elected to apply the provlsions of Section 11 'B8sic Financial Instruments, and Sectlon 12 '0ther
Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the 's balance sheet when the becomes paty to the contractual
provisions of the instrument.
Flnancial assets and liabilities are offset, wilh the nel amounts presented in the financial statements, when
there is a lega15y enforceable right to sel off the recognised amounts and there is an intention to settle on a net
basis or to realise the asset and settle the liability simultaneously.
Basic flnancial assets
Basic financial assets, which include debtors and cash and bank balances, are Inltially meaSu￿d at
transaction price including transaction costs and are subsequently carried at amortised cost using the effective
Interest method unless the arrangement constitutes a financing transaction, where the transaction is
measured at the present value of the future receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
Baslc flnanclal liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaclion price unless
the arrangement constitutes a financing transaction, where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
wllhln one year are not amortised.
Debt instruments are subsequently carri&d at amortised cost, using the effective interest rate method.
Trade Creditors are obligations to pay for goods or serVi￿S that have been acquired in the ordinary Course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortibed cost using the effective interest method.

CHESTER LE STREET METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Accounting pollcles
(Contlnuedl
Derecognition of financial Ilabllities
Financial liabilities are derecognised when the 's contractual obligations expire or are discharged or cancelled.
1.9 Employee beneflts
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are
received.
Ternination benefits are recognised immediately as an expense when the is demonstrably committed to
terminate the employment of an employee or to provide termination benefits.
crftlcal accountlng estlmates and Judgements
In the application of the 's accounting policies, the Trustees are requlred to make judgements, estimates and
assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumptions are based on historical experience and other factors that
are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revlsed where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
Income from donatlons and legacles
Unrestrlcted
funds
2024
Unre8trlcted
funds
2023
Donations and gifts
116,226
88,669
Income from charltable actlvltles
Unrestrlcted Rostrlcted
fund8
funds
2024
2024
Total Unre8trlcted Restrlcted
funds
funds
2023
2023
Total
2024
2023
Income
Rental income and
fundraising
Services provided
Other income
57,040
670
1,960
35,152
92,192
670
1,960
69,808
1,390
1,963
31,279
101,085
1,390
1,963
59,670
35,152
94,822
73,159
31,279
104,438
10-

CHESTER LE STREET METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Income from investments
Unrestrtcted UnrestrScted
funds
funds
2024
2023
Interest receivable
2,394
2,288
Expendlture on charltable actlvltles
Headlng
#ac982
2024
Headlng
#ac982
2023
Dlrect costs
Wages
Cleaning
Heat & lighl
Rates
88,296
407
15,714
488
66,256
876
13,817
538
L li
Insurance
Repairs
Stationery
Organist fees
Posters
Accountancy
Miscellaneous expenses
Clrcult assessment
Connexional funds
Church overheads
4,969
8,837
1,346
630
539
720
6,626
85,752
1,000
28,027
4,695
7,195
1,178
480
204
720
20,352
79,889
1.000
40,368
223,351
237,568
Analysls by fund
Unrestricted funds
Restricted funds
195.324
28,027
197,200
40,368
223,351
237,588
Net movement In funds
2024
2023
The net movement in funds is stated after chargingi(creditingi'.
Trustees
None of the Trustees (or any persons connected with them) received any remuneration or benefits frc*n the
during the year.
11

CHESTER LE STREET METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Employees
The average monthly number of employees during the yearwas:
2024
Number
2023
Number
Ther8 were no employees whose annual remuneration was more than £60,000.
Remuneratlon of key management personnel
The remuneration of key management personnel was as follows..
10 Taxatlon
The charity is exempt from taxation on its activities because all its Income is applied for charitable purposes.
11 Flxed asset Investments
Llst8d
Investments
Cost or valuatlon
At 1 September 2023 & 31 August 2024
76.947
Carrylng amount
At 31 August 2024
76,947
At 31 August 2023
76,947
12 Debtors
2024
2023
Amounts falllng due wlthln one year:
Other debtors
5,140
5,412
13 Credltors: amounts falllng due wlthln one year
2024
2023
Trade cr&ditors
2,197
7,333
12-

CHESTER LE STREET METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
14 Restrlcted funds
The restricted funds of the charity comprise the unexpended balances of donations and grant5 held on trust
subject lo specific conditions by donors as to how they may be used.
At1
September
2023
Incomlng
resources
Resourc88 At 31 August
expended
2024
33,379
35,152
(28.0271
40,504
Prevlous year:
At1
September
2022
Incomlng
resources
Resources At 31 August
expended
2023
42,468
31,279
(40,368)
33,379
16 Unrestrlcted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At1
September
2023
Incomlng
resources
Resources At 31 August
expended
2024
General funds
213,194
178,290
(195,324)
196,160
Provlous year:
Incomlng
resource8
Resources At 31 August
expended
2023
September
2022
General funds
246,278
164,116
(197,200)
213,194
16 Analysls of net assets between funds
Unrestrlcted
funds
2024
Restrictsd
funds
2024
Total
2024
At 31 August 2024:
Investments
Current assetsl{liabilities)
67,193
128,967
67,193
169,471
40,504
196,160
40,504
236,664
13-

CHESTER LE STREET METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
16 Analysis of net assets between funds
{Contlnued)
Unrestrlcted
funds
2023
Restrlcted
funds
2023
Total
2023
At 31 August 2023:
Investments
Current assetsl(liabilities}
76,947
136,247
76.947
169,626
33,379
213,194
33,379
246,573
17 Related party transactlons
There were no disclosable related party transactions during the year (2023 - none).
14-