I£1(orlhey IHJ ?3 10 3118 24) Wcll Uniird Chur¢h is • r(Thmunity olChiistins in Buckingham, th•i a I1 tcumcniul pArtnttship'ii affiliatcd the Bapiisi Meth(hlill Unid Refrnncd dcnominaEiOn& Its wlSt$ afE in Well Strcel Buckingham alth(gh Tfw)M 5¢niCe5 are rrmallykld pi ihe iAee Ilill Acthrny SchMI in Buckin8hArn. The ch8riiihle •irn5 of Illell Street United Churrh. undcrtakeTr f(X67c bthefi4 unchanged Fwr¥ious )UTY And . the cr1ebrau ofpublic worship b. the leALhiThB of thc Chwi51i•n faith . missim and enn8elism d. I$101 wwk. including wsitin8 th¢ STrk ind ber¢avpJ . thc ptoiisivn of faciliiiej with ll ChTiStiatL ethos for the local ¢£]ll01ty in¢ludih8 th¢ cldcrly, the yLWli Jnd t¢[ w)s with s(741 nct4J5 r. tht supiwrt ufothu ID thc UK and The Churrh 15 managed According to * forn)al c0rtstilUti and warious supptylithg pDlici¢& includinB o ufe8Dardin8 policy. Mcrnbers rnceiings •r¢ htld cvery quarter. All truste¢6 are appoind by th¢ m¢mbus of the church. etpl for the fflinist. DiJsr¢y ar¢ nlItY ¥poinkd for 3-year t•Tri bur b¢ r elected once. Trusleu nornilly mE¢t every month: they a.. Rev. Tim fJJwThthy- Mtni$r I4ppointrd September 0141 Jane Butrber- Chuir ol Trus(ees lappoinied Novemkr 20201 rcopp)inled N0mbEr2013 kn Nmtrnber20261 Jllrnes Knaptrfr IpOInt NoitynbeT 20231 Jcrtny Bvxwcll- ltsppdinlcd November 2018- to cnd lemi Niw¢mbcr 2024 Andrcw Brn7tll- iaptM)ithied Novcmbcr 2023) LyDn FAillin¥harll- Inppvtrtlrd Nov¢mb¢r 2023) Clair Willoughby- l)ppoinicd Nov¢mb¢r 20231 Margyrri G4lcley- laN)DiDltsl No%'ember 20231 llie church cmploys o rninisternnd a part lime adminis¢rdtor. Principal SOU¢5 offvnds are f¢gular off¢riTr85 and sift5 from members frien wft lid and somc frThn parcni denomination5. Main exp¢ndithire is Mluics. At Icast 3 mwihs aitrn8E cxpcnib¢urc is m8intaincd the 8en¢r41 fid •s • reswy& Ex¢cs% fvnds plac on deposiL The are no funds in deficiL The trysitts r¢tO8nise their It8 rtsponsibility undcr chrity ITh to en[¢ tt WSUC 18 fin¢111 irable. The ld%¢1 for 2023124 lisL on the continuatirn offegular 8iiing and exisLin8 fijnds. so that we tould finance our cknjc¢iivek Th¢ Elders id¢niifi¢d th¢ h¢¢d in 20?3r24 for dI11MI incme to 5tspplemcnt our regular giiing and a's¢4sffi of &vin8' W&5 held during th¢ first quarttrofth¢ financial yEar. ithich r¢sul¢e4 in beifi8 •bl¢ ty m¢¢t rwrbudld and ¢nd the >wwith •Jolus fvnds ID the accrAth¢s. air ofbu8 l. Novcmbcr 2024
W•ll Str••t Unlt•d Church R•ql$t•rnd Chwlty No, 1144309 Fln•nGlal 5t•i•m•nii Ye•r Ended 31 Augu*l 2024 ntenls.. AccounUng Pollcl48 8¥lan¢e Sheel Stat•ment ol Fln•ndal AclJvrtle# (R•cdpts and Paymemts Pmxml) Trea$ur•rf$ Statefflenl and Independent Examlnorfs Rep(vl Notes to the Fln8nd81 Stslemenls
Well Streel Unlted Church ACCOUNTING POLICIES Basis of Accounlin These financkl st3teerrt5 hive been prepaied in accordarKe wtth the: siatemÈDt of Recomrnended Pra(ike'. AruntI ond Aewrtts¥by Ch¥iUes IFASIOII Issues byV CharltyComnl The Charitles Ad$ 2011 The MethDdlrt thurth Guldante Recelpts ènd PaymEnts basls ol atcouniirlforentltiEs4thre¢elpts les5 In £350Its)perinnuml la 1b Vnfestrirted Funds art uleatthe dlsueikjn Oft tl1n furthEMCtd h$$/CharlI?b1e obieetfves Restricted Fvnds are 5ubSected io restr)n5 on Ihelrexpenthiure unK#ised by the donor. or contaknedwthlr¢ ihe tenn5 of Igrant Ic Fixed A%sets-. Freehold Property TrustEes ol the chur¢h irethe MeihodlstChffthWRC STruSt Wkth0j ft upm trustfOrt 9pcerted wlth Well Strert Untted Churth Office bulldln8Y•s sold In 2017 and the caWtal15 held h the LIRCSynod Trnst A 5harfwayternert 5fOr1 Chh bJlhJ Equlpm•nl Equrrthent Iswrftten off TI¢[sIrKvnea. Thereare•o leasedassetsat IPendof tPye•r 1d C1n Re l Voluntary 8fvkn81s knclyded kn the nnanelal stsiementsfoithe petlod in whkh h Is recthyd. ny attributable Glft Ald Is rece¢nlsed on rttèlpt ofthecLilmfrom HMRL l othei recdptsielated ta the Incc4ne olthe church are8eneraltyre¢oen15ed re(el4d ou Resthjrces E ènd$d Payments expen¢Jd are iewnlsed Intheperlad Inwl4th thrylfft Ihttsrréd xcewT•Jrt Ilw rdato topassk¥glfwds colltcred indnot InvoTni a ttssttoi (thuh In whi¢h th¢y are pa55ed Ihroueh a h0tdlogaecni th CredllOG. Th151s a thanie to iheacewnity pollcyln 11% ¥whereI all recelpts ind payrnents w¢r¢ alhcal•d to th•yai tIded iryt5gerti¥of peikjdto related I p•ymtnts Indude attrltrAable VATWch tanrt be rtco%wed. Th• churth employs * Mlnlstr4fid i plrt-tlrne Church Offlce C(tNdltyator. All tsthermN¢mènt aThd church actkntie54r• out The thtanllble cost ofwluntttrs ts notinchjded kn the lknandalslatementsis ihe value lo Ihe thJrth1slrKolcuLIt4t 1f Taxalion The Church beume wt815tered ¢h•rfty no. 1144369 Ofi 200£tober 2011.Tgtfr•nerbt thai •hyl¢tynt0ri•lns•re ipplled g$eI01 chatha purww. the tharlty Is exemptfrom ta*atlon on su¢hlncome orsal reluli, no pro¥lslon for tsAatlon has been rnade In lhesetknarthl statementL Wdl Strerf Unrt•d Chur¢h ¢ompl1eswthl Ch•rlties Ad 2011 Flnand Dull s18natures ire requlred lorall matèrtal exptndhure. aNI s1St•n5 ar• kn (tiO entheregulai flnafjd•l rewrts tobe produced forihe Tru5ttts. so as to ensure Y¢+Ptr monrtortn8JndcoThtvol 01 the Church finance5
Well Street Untted Church Balance Sheet As at 31 August 2024 Unrestrlcthd Fynds Restriaed Fund5 1021-2) Rtstated 202>14 Not• Cash Debtor 89.205.19 57,970.93 1I7.176.12 111.268.91 ss.io LllJ45.01 Net Current Assets 89,205.19 57 970.93 147,176.12 CuTrerf UabllMle5 Depwts 16.349.701 16.349.701 859.55 Total NetA%sets Re#aiementDf2022123 re5uhs.w rnte As ststed2022.2a 82MS.49 57.970.93 140,826.42 112,204.56 1859.S51 111.345.01 Funds UnrtSlrf¢ted Income Fwbd5 GeneTrl Fund Total 79.2.24 79.280.24 79.280.24 79.280.24 53.167.78 53.267.78 New BuIldIf0 57?70.93 57,970.93 55 361.53 Tthl Urrfestrfjaed and Restykfed F¥r4s 79.280 24 57.970.93 137,25L17 108,S29.3L Care Fund CommuThtyprokcts 2.796.75 8.so 3,57S.2S 2,796.75 77850 3,S75.2S 2,796.75 77&50 3575.25 Total Funds 22W5.49 57970.93 112JOI56 1959.551 1345AJi andslDed Its behallby r)REW EAIAZE L INomeDIChgJrnJonJ Istonothre)
Well Street UnTted Church Flnanclal statements year ended 31 Autust 2024 Recelpts and Payments account UNerted Funds Aesysrted Funth Totsl 1021.21 Aectlpt5 GbAng monatlDnsIGIft Ajd IrKome Iroffl hye ol wopÈrty DepDsltaC£JnI interest Miscellaneou5 132,055.31 6Bi. 3.141.88 803.66 68L85 132,055.31 681.¢ S.747.70 803.66 139.287 BB,15359 2.f1j5I 3.101.11 619. Tolal Aettlpts 9J.934.IKI Asses5menrslDenomln3ihx Staff lace Hilvchurch Cwatlorthrnent Well srreer Operations WorshlpmSssion AdministratK•n/fralnkn8 elc Young People miscellarU5 27.4W.80 5SA65.82 7.665.17 $228 84 8.282.9) 3.121.03 i.0.$1 2A63.95 110 669.39 I7,4.80 55,465.82 7.665.17 5,228.84 8.282.90 3.121.03 I.0.88 2,460.37 110,665.81 25,533.13 GL273.15 5531.96 7.047.40 8.097.39 2.4S6.96 2,288.38 1,658.83 113,89720 1).5BI 358 Total Pawnonts Net Re(dpts I Restatèment tsf 2022mresus.5eQ r 25.01146 28,621J6 12L973.101 18.07ty261 lknr•th¢ted Ind Restylcted allPteMbEr $1267.n SSJ615a 108,62931 ,28014 $7J7033 137,25LI? 62931
Well Street Unlted Chuyth Detlaration5 TREASVREftS STAIEMtMt I have prepated ¢hefiTr¥br1alsMemeThtsplv$ 2 t06lryvwtW3I I reportofi nTrana3lst3tememsclWeiistre•t Urthdthurrhforth?veTthd3lAvt 2014 hKharestt¢mrt¢ pawl to& ended 3tst requlrements dthtthJribeskt Zoiirthe A"k I Trt In re5pertof myexlwdrthdthETrnS1rc•rt%fjrfed tyJE Lmderseciknn 145 c+thelOII ccfflMtsTh wdersttlion 14515Hbl ofthe• I ha wrIed rnyexamiThaucm. IconfrnthAt MMaltrtsliTratitisha4tdrnÈtrmyatteTrti TheacownVTrare(uthwtretyJtkeptth actuan£tSan l3odtheau[IekL'ry acuwntsthd ilhtheatcntirrf rECL¥d thkh•trentithnshauklbt thknth reythrydErtoeTrJE4E4 kwwuth51aTr*¥olthe Jtcrojntsty be reathed. Wbythe Inthpetht Emwnlrw. 0F SCLTT EQKD11 FCCA SEEttCS etsTTiGE ChlU)c-s triC(LCrD BoLKlfrJCH w r4ki8 1
Well Street United Church Notes and Supplementary Income Year ended 31 August 2024 Nott C¥rrtht Assets. Bank Atr(MM 102>24 2022.23 UoydsTreasurer5 alc Ite¥lousP# ltl Uoyds 8ushess Instant al Uoyds Treasurers No 2 alc Methodlsr Church CFB Dews Totsl- Unrnstritttd 5.89328 5.337.09 110.00 77,864.82 9 205.19 5.096.90 12,863.09 50.00 37,917.39 55 927aB UoydsTreasurers New Buil(h'niilc bu51rSaI¢) MEthodi5tChurch CFB Deposit New gui Toil- Aestrlct•d 5,617.10 52,353.83 5T 97093 5,613.52 49.748.01 55,361.53 Toul 8ank 147 176.12 111288J1 Thls a new rategoryfortweIlSIYte1unNed klaKeShEeL The arncrtmts F•Aousfr¥d3$5fftedasFurts lseE Nute 7) tsewlts held.. ConrrftrJtlons loronward payThent JrchtYtkend dep05i¥s hekl Totsl Cwrertual 47.70 16397AOI 349.70 1646.051 1.505.60 85955 Assets retalned f4Jrthtd4rfV14wm TheSe$1st primarfty Of and Eknrkal equtpmentUflffthe del10fthwyth1p5eTh4ces (knh prorrty. ForthE rrasurtsstsied Inthe *uoLrtrywJfyThxe l¢thethrth Isnota taereda55eL
Well stre United Churih Notts and supplementary In¢Mit {conVd) IIErtrfcted Fund5. N•w Bullth The church accounts Include a NeweulbJiTry Fund These mon5 are noi ai Ihe d15posal ofthe church for Jny oiherwrpose. The mo¥ernentson the R•srrfn8d Fund5durtn8tI ar a5 r15dDsed Ih ihtflecdpts and Pawnc(nI abth ¢•reFu•d Afund lo be used atthe distretlon ul the Mlnisler and Twsteesots pastornl manersolnpEd Wtto thElr¥ttenUon. 202>24 2022.23 Balance bfvd at I September Grants ilvtrt I,&75 4.616.75 11,850.LW)I 1.796.7S Cmmunlty knlqrt Fur#1 Ha1 Funds ra15ed lowards IVr prolectslor¢oMm benell 2m24 2022-23 8alJnce bfvd at I September 77850 778.50 &50 Aert•tVn•nldPrfVé1ll1Um. RQ(elptspJul thityJth In the Recelpts and Ply7rnlsAQtsQ1 prforlIs, Ill fvndsrrf¢14Yd arnouAts pald,were 4Med sep•rnttly lthlThtk ¥r14 re¢elJts •rtd wym¢nts rhls meant Ihitvarlou% rtulpts t1 worerttel%d ardthen pabd on byWtllStr¢et Urthd Chwch IKre•shMboth Recdpts•NI Pwn•nts. wth¢n IVd i net iero effect on the actmtles. In addllbn, vihen Ihe dale of onward paymetytftll th • dwfvertytèr lothe thieolrecelpi.the •mtyJntsln iFbtrel¢v•nti¢¢¢unts wer• subject to sli14fil uc1valTr In stKtsshytats.Th1515de5plte them hawni • Det zetoellett ofithe firbances of OwJr¢lL ExJmple5 olthue are Chur(hWtekend Deposits paid •rylChur¢h Members. contrltrJrknsreceW. Such trns•rtlons •r¢ Included tn Oep)sltswN¢h ire dlsdosed lth Curteht u¢, where•stheywere We¥b$tI1$fiedas Desnated Amdsand Ifed In Re5erye& Comparate5 for rplevantRecelpts and Payments hwt been •dJust¢d accordin8ly The vusiee5 Èelieve tharthe ox£lusion of these arnoLtsIr0ffl Re¢elptsaThd PiymeNs ts both mllfe¢wrtrt4nde45lerfor reader5 of tctsun¢% io obtsin • la view of the Re<tipts and Pawnents attyjni for #rryyear.