FREE CHURCH OF ENGLAND CONVOCATION CHARITY (1143120)
ANNUAL REPORT 2024
The Convocation (composed of bishops, presbyters, deacons and lay representatives appointed according to the Constitution, and in their capacity as Trustees) met on Monday 2[nd] to Wednesday 4[th] June 2024 to discharge its responsibilities.
Reports were received detailing how the various office holders, committees and local congregations had fulfilled the charity’s object of advancing the Christian faith according to the principles and practices of the Free Church of England otherwise called the Reformed Episcopal Church. These were debated and accepted. Discussion groups and workshops were also held to help formulate a plan for future growth of the Denomination.
The Treasurer presented the accounts for 2023 which were agreed and accepted. The Trustees also agreed a budget and quota for the coming year.
Charity Registration No. 1143120
THE FREE CHURCH OF ENGLAND
OTHERWISE CALLED
THE REFORMED EPISCOPAL CHURCH
ACCOUNTS
FOR THE YEAR ENDED 31[ST] DECEMBER 2024
BK Plus Limited Accountants Azzurri House, Walsall Business Park Aldridge WS9 0RB
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FREE CHURCH OF ENGLAND - ADMINISTRATION
| RECEIPTS Balance brought forward National Savings FCE Central Trust dividends Miscellaneous PAYMENTS Subscriptions to Churches Together Subscriptions to Free Churches Group Subscriptions to / Thirtyone:eight (Safeguarding) Finance Management costs Accountancy charges General Secretary expenses General Secretary's office costs Honoraria Miscellaneous Debtor adjustment General Treasurer expenses Balance carried forward |
2024 £ 21,730 - 9,842 2,737 34,309 1,196 515 163 41 600 2,470 3,774 5,700 585 8,202 185 10,878 34,309 |
2023 £ 25,223 459 13,123 30 |
||
|---|---|---|---|---|
| 38,835 | ||||
| 1,300 500 295 328 600 2,976 2,560 8,365 - - 181 21,730 |
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| 38,835 |
2
FREE CHURCH OF ENGLAND QUOTA - GENERAL FUND
| RECEIPTS Balance brought forward Donations Quotas PAYMENTS Convocation Widows Outreach Donations General Misc Council meetings (3) Finance Committee meetings (2) Bishop's meetings (3) Other meetings Transferred to Training Account Transferred to Publicity and Publications Account Transfer to Church planting (Tithing) Balance carried forward |
2024 £ -4,856 - 13,330 8,474 5,891 - - - 2,001 - - - 4,000 - 1,333 -4,751 8,474 |
2023 £ -2,396 175 14,000 |
||
|---|---|---|---|---|
| 11,779 | ||||
| 5,423 - 1,042 600 1,748 - 592 1,830 2,000 2,000 1,400 -4,856 |
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| 11,779 |
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FREE CHURCH OF ENGLAND - PUBLICITY AND PUBLICATION FUND
| RECEIPTS Balance brought forward Bookroom Sales Transfer from Prayer book Fund Pay Pal Sales Donations Transfer from Quota General Fund PAYMENTS Printing of year books Website costs Postage Other publication costs Balance carried forward |
2024 £ 18,095 - - - - - 18,095 421 361 - - 17,313 18,095 |
2023 £ 19,058 134 - - - 2,000 |
||
|---|---|---|---|---|
| 21,192 | ||||
| 890 120 92 1,995 18,095 |
||||
| 21,192 |
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FREE CHURCH OF ENGLAND – PRAYER BOOK FUND
| RECEIPTS Balance brought forward Transfer from Quota General Fund PAYMENTS Transfer to Publicity and Publications account Balance carried forward FREE CHURCH OF ENGLAND – YOUTH WORK FUND |
2024 £ - - - - - - |
2023 £ - - |
||
|---|---|---|---|---|
| - | ||||
| - - |
||||
| - | ||||
| RECEIPTS Balance brought forward Collections at Convocation Donations from churches PAYMENTS Donations to : Grant to TWIG Balance carried forward |
2024 £ -500 - -500 - - -500 -500 |
2023 £ - |
||
|---|---|---|---|---|
| - | ||||
| - 500 -500 |
||||
| - |
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FREE CHURCH OF ENGLAND - TRAINING
| RECEIPTS Balance brought forward Donation from f/flow board/USA Transfer from Quota General Fund PAYMENTS Fees – Licence for J Watson Fees - Balance carried forward FREE CHURCH OF ENGLAND – CONVOCATION FUND RECEIPTS Contribution towards Convocation Hospitality Churches Central Trust Collections Contribution from Quota - General Fund PAYMENTS Convocation Hospitality Travelling expenses Printing and incidentals Transfer to Missionary Fund Balance carried forward |
2024 £ 11,165 - 4,000 15,165 - - 15,165 15,165 2024 £ 5,067 1,344 289 5,891 12,591 10,129 2,462 - - - 12,591 |
2023 £ 9,701 - 2,000 |
||
|---|---|---|---|---|
| 11,701 | ||||
| 536 - 11,165 |
||||
| 11,701 | ||||
| 2023 £ 4,032 1,344 205 5,423 |
||||
| 11,004 | ||||
| 9,708 1,177 47 72 - |
||||
| 11,004 |
6
FREE CHURCH OF ENGLAND - CHURCH PLANTING FUND
| RECEIPTS Balance brought forward Donation from Central Trust Transfer from Quota - General Fund PAYMENTS Planting of churches Balance carried forward FREE CHURCH OF ENGLAND - EVANGELISM RECEIPTS Balance brought forward Donation from Central Trust PAYMENTS Payments towards Balance carried forward |
2024 £ 10,452 - 1,333 11,785 843 10,942 11,785 2024 £ 6,000 - 6,000 - 6,000 6,000 |
2023 £ 7,938 1,500 1,400 |
||
|---|---|---|---|---|
| 10,838 | ||||
| 386 10,452 |
||||
| 10,838 | ||||
| 2023 £ 4,500 1,500 |
||||
| 6,000 | ||||
| - 6,000 |
||||
| 6,000 |
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FREE CHURCH OF ENGLAND – BALANCE SHEET
| Balances as at 31st December Administration Fund Quota - General Fund Publicity and publication fund Youth Work Training Account Convocation Fund Church Planting Fund Evangelism Account Rounding These are represented by: Lloyds Bank Ltd Pay Pal Account National Savings - Investment account National Savings - Bond Petty Cash - General Secretary Petty Cash - General Treasurer Overseas Accounts - Russia Overseas accounts - Brazil Sundry Debtors Creditors |
2024 £ 10,878 -4,751 17,313 -500 15,165 - 10,942 6,000 - 55,047 23,812 - 6,283 15,000 -3,263 -186 -214 362 13,853 -600 55,047 |
2023 £ 21,730 -4,856 18,095 -500 11,165 - 10,452 6,000 - |
||
|---|---|---|---|---|
| 62,086 | ||||
| 16,918 - 6,283 15,000 -2,561 -352 -214 362 28,984 -2,334 |
||||
| 62,086 |
- Under Charity Commission Schemes in connection with the sales of certain Churches, The Free Church of England Central Trust hold investments, the income from which is payable to the General Fund. On 31[st] December 2024 the value of these investments, including cash, was £330,796 (2023 - £321,924).
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We approve the financial information, set out on pages 2 to 8. We acknowledge our responsibility for the financial information, including the appropriateness of the applicable financial reporting framework and for providing BK Plus Limited with all information and explanations necessary for its compilation.
…………………………………………………… Bishop Primus …………………………………………………… General Secretary …………………………………………………… General Treasurer
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