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PENN FREE METHODIST CHURCH
|**INCOME/EXPENDITURE ACCOUNT YEAR ENDING 31-03-2024**|**INCOME/EXPENDITURE ACCOUNT YEAR ENDING 31-03-2024**|**INCOME/EXPENDITURE ACCOUNT YEAR ENDING 31-03-2024**|**INCOME/EXPENDITURE ACCOUNT YEAR ENDING 31-03-2024**|**INCOME/EXPENDITURE ACCOUNT YEAR ENDING 31-03-2024**|**INCOME/EXPENDITURE ACCOUNT YEAR ENDING 31-03-2024**|**INCOME/EXPENDITURE ACCOUNT YEAR ENDING 31-03-2024**|**INCOME/EXPENDITURE ACCOUNT YEAR ENDING 31-03-2024**|**INCOME/EXPENDITURE ACCOUNT YEAR ENDING 31-03-2024**|**INCOME/EXPENDITURE ACCOUNT YEAR ENDING 31-03-2024**|**INCOME/EXPENDITURE ACCOUNT YEAR ENDING 31-03-2024**|**INCOME/EXPENDITURE ACCOUNT YEAR ENDING 31-03-2024**|**INCOME/EXPENDITURE ACCOUNT YEAR ENDING 31-03-2024**|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||**INCOME**|||**2024**||**2023**||
|GIFT AID GIVING||||||||18,510.00|||30,070.00||
|NON-GIFT AID GIVING||||||||10,092.26|||9,449.70||
|GIFT AID TAX REFUND||||||||19,409.88|||0.00||
|LITERATURE/SALES||||||||176.43|||174.09||
|DEPOSIT A/C INTEREST||||||||447.62|||36.17||
|||||**TOTAL INCOME**||||**48,636.19**|||**39,729.96**||
||||||||||||||
||||||**EXPENDITURE**||||**2024**|||**2023**|
|MINISTER’S SALARY(GROSS)||||||||15,885.90|||14,821.72||
|MINISTER’S TRAVEL inc. OPEN AIR WORK||||||||887.10|||266.48||
|CHURCH GAS||||||||2,513.38|||2,997.96||
|CHURCH ELECTRICITY||||||||995.94|||1,302.96||
|CHURCH TELEPHONE||||||||553.45|||606.40||
|CHURCH MAINTENANCE||||||||1,120.99|||960.00||
|CHURCH INSURANCE||||||||1,790.50|||1,763.04||
|CHURCH WATER||||||||188.84|||174.46||
|COTTAGE COUNCIL TAX||||||||2,586.84|||2,459.73||
|COTTAGE MAINTENANCE||||||||4,367.83|||172.12||
|COTTAGE WATER||||||||289.43|||297.60||
|COTTAGE INSURANCE||||||||562.36|||531.16||
|ADVERTISING||||||||420.00|||300.00||
|WEBSITE/INTERNET/COMPUTER||||||||355.55|||504.11||
|VISITING PREACHERS||||||||545.00|||285.00||
|ORGAN/PIANO||||||||0.00|||210.00||
|TRACTS, POSTERS, CHURCH FLYERS, CARTRIDGES||||||||1,424.78|||669.65||
|||SUNDRY EXPENSES||||||100.14|||157.55||
|||TOTAL EXPENDITURE||||||**34,588.03**|||**28,479.94**||
||||||||||||||
||||**SURPLUS/(DEFICIT)**|||||**14,048.16**|||**11,250.02**||
||||||||||||||
||**BANK RECONCILIATION AT 31-03-24**||||||||||||
||||||||||||||
|Closing Balance per Bank statement 31/03/24
10,456.88
Unpresented receipts
0.00
Unpresented payments
0.00
Closing Balance per Cash Book 31/03/24
**10,456.88**
Opening Balance per Cash Book 01/04/23
13,856.34
Receipts in year per proft and loss account less dep a/c int
48,188.57
Payments in year per proft and loss account
34,588.03
Transfer to Lloyds Instant account, 20-02-24
17,000.00
Closing Balance per Cash Book 31/03/24
**10,456.88**
Diference
0.00
**Cash movements current and two deposit accounts combined**
Combined opening balance per cash book 01-04-23
35,901.94
Combined receipts in year (inc. dep a/c int)
48,636.19
Combined payments in year
-34,588.03|||||||10,456.88
0.00
0.00||||||
||||||||||||||
||||||||||||||
||||||||**10,456.88**||||||
||||||||13,856.34
48,188.57
34,588.03
17,000.00||||||
||||||||||||||
||||||||||||||
||||||||||||||
||||||||||||||
||||||||**10,456.88**||||||
||||||||||||||
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1
PENN FREE METHODIST CHURCH
Combined closing balance per cash book 31-03-24 **49,950.10** Fixed Term account 31-03-24 as per Bank Statement 22,300.67 Instant account 31-03-24 as per Bank Statement 17,192.55 Treasurer’s Account 31-03-24 as per Bank Statement 10,456.88 Combined closing balance per cash book 31-03-24 **49,950.10** Difference 0.00 Combined opening balance per cash book 01-04-23 35,901.94 Combined closing balance per cash book 31-03-24 49,950.10 Surplus as per Income and Expenditure Account at 31-03-24 **14,048.16**
2
PENN FREE METHODIST CHURCH
**CHANGE** -11,560.00 642.56 19,409.88 2.34 411.45 8,906.23
**CHANGE** 1,064.18 620.62 -484.58 -307.02 -52.95 160.99 27.46 14.38 127.11 4,195.71 -8.17 31.20 120.00 -148.56 260.00 -210.00 755.13 -57.41 6,108.09 2,798.14
3
PENN FREE METHODIST CHURCH
Independent examinerfs report to the trustees of Penn Free Methodist Church
("the charitv,, Number 1138169)
I report on the accounts of the charity for the year ended 31 March 2024 as set out on pages l and 2.
Respertive responsibilltles of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charitvs trustees
consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("the
Charities ACV,) and that an independent examination is needed. It is my responsibility to:
examine the accounts under section 145 of the Charities Act
to follow the procedures laid down in the general Directions given by the Charity Commission under
section 145(5)(b) of the Charities Act
to state whether particular matters have come to my attention.
Basls of Independent examinerfs statement
My examination was carried out in accordance with the general Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the charity and a
comparison of the accounts presented with those records. It also includes consideration of any unusual
items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such
matters.
The procedures undertaken do not provide all the evidence that would be required in an audit and
consequently no opinion is given as to whether the accounts present a 'true and fair Vie and the
report is limited to those matters set out in the next statement.
Independent examinerfs statement
In connection with my examination, no matter has come to my attention:
(l) which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 130 of the Charities Act and
to prepare accounts which accord with the accounting records and comply with the accounting
requirements of the Charities Act
have not been met or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the
accounts to be reached.
Lr/1 . 12
R J Marshall
Date
45 Walton Road, Aylesbury, Bucks HP217SR