Aylesbury Vale Community Church Accounts- 31 March 2025 Company No. 07837346 Aylesbury Vale Community Church (A company limited by guarantee and not having a share capital) Accounts- 31 March 2025 Index 1-5. Report of the Directors 6. Independent Examiner's Report to the Directors 7. Statement of Financial Activities (incorporating Income and Expenditure summary} 8. Balance Sheet 9-17. Notes to the Accounts
Aylesbury Vale Community Church Accounts- 31 March 2025 Company No. 07837346 Report of the Directors (Trustees) and General Information for the period IApril 2024 to 31 March 2025 Directors: A Woodhouse (appointed 7 November 20111 I Peters (appointed 7 November 2011} M Hemming (appointed 13 January 20121 M Oliver (appointed 3 July 2013, resigned 16 April 20241 S Dube (appointed 28 July 20141 M Sule (appointed 24 June 20241 S Jones (appointed 24 September 20241 Registered Office: Community Church Centre, St Marks Road, Aylesbury, 8uckinghamshlre, HP218RH The director5 present their report and financial statements for the year ended 31 March 2Q25. The financial Statements have been prepared in accordance with the accounting policies set out in note I 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 account5 in accordance with the Financial Reporting Stand3rd applicable in the UK and Republic of Ireland {FR5102) leffectlve l January 20191" Ob"ectives and Actlvltles Purposes of the Charity a5 Set Out in Our Governing Document Operating within its Memorandum and Articles of Association the company's chief objects are: The advancement of the Christian faith and the worship of God in the United Kingdom and overseas by any means whatsoever including IbLtt not by way of limitation) the preaching and proclamation of the Christian Gospel and the teaching of Christian Doctrine and principles and the pastoral care of Christian people and the printing and distribution of the Bible and Christian literature including video and audio recoTding or tapes and by any other media which is or may become available. The relief of persons who are in conditions of need, hardship or distress, or who are aged or sick. The advancement of education on the basis of Christian principles and without prejudice to the generality of the foregoing the provision of such education in any educational establishment and if the Trustees so decide the provision of one or more charitable educational establishment for the general education of children or adults on the basis of such Christian principles. Main Activtties Undertaken in Relation to Those Purposes and for the Public Benefit The principal activities during the year were the running of the chu rch, Sunday schools, youth Eroup5 and tots group. Achievements and Performance In planning the activitie5 of the charity the directors have considered the CharÈty Commis5ion'5 guidance on public benef it,
Aylesbury Vale Community Church Accounts-31 March 2025 Company No. 07837346 Report of the Directors (Trustees) and General Information (continued) for the period l April 2023 to 31 March 2025 Ayle5bury Vale Community Church exists to see individuals and whole families experience a life changing encounter with Jesus Christ, as a result of which the Kingdom of God is gradually established and society transformed for the better. The directors have identified the following activities as fulfilling the charit¢s primary objective and contributing to the public benefit: Regltlar Sunday morning and evening meetlngs The Gap, a youth club for 11-18 year olds Rainbow Totz, a carers and tots group CAP Money, a money management course de518ned to help people get in control of their personal finances During 2012113, the church purchased an existing church building in order to secure a long-term home in Aylesbury as a base to be able to serve the comrnunity more effectively. Much effort and finance has been put into renovation of the building. which enabled the church to move completely to the site, and away from rented facilities. in June 2013. The long-term borrowing at the start of the year was secured against the church property and w35 fully repaid during 2024-25. The balance of the restricted building fund was fully utilised to renovate the main entrance to make it more welcoming and accessible. Financial Review Flnancial Position at Year End The financial position of the charity has improved throughout the year. Over the course of the year there has been a significant increase in the total funds available to the charity. The total reseNes held at the end of the year were £494,624 (unrestricted) £17,6041designatedl and £62,998 Ire5tricted}. The balance of restricted funds brought forward was spent during the yearto remodelthe main church entrance and the balance will reduce as the asset is depreciated over the subsequent years. The longer-term financial position will continue to improve a5 the charity has now paid off the mortgage secured against the main church premises. Reserves What ReseNes Are Held For The reserve5 held by the charlty are for a number of important reasons: The risk of unforeseen emergency or other unexpected need for funds A source of income, if for example, donations are lower than anticipated during the year To meet planned commitments that cannot be met by future income alone e.g. planned buildlng work, pensions. How Much 15 Needed in Reserves The charity has set the following target levels for each reseNe: Unrestricted Funds £20,000. This represents approximately two months, worth of expenditure. This would allow the charity to continue in the short term should all funding sources cease. It is however acknowledged that this risk is highly unlikely and it is entirely reasonable to hold a balance lower than the target.
Aylesbury Vale Community Church Accounts- 31 March 2025 Company No. 07837346 Fund for Mission Work - zero. This activity is currently funded from income received during the year, so no balances are requ ired to be retained in reserves. Fund to Provide a Pension to A Woodhou5e- £17,604. The original target set by the Trustees when the fund was first started was £40,000. Although described as a pension fund, it may alternatively be used to pay for the continued use of the service provided by A Woodhouse should the need arlse. This amount has since been revisited due to a change in personal circumstances with the new target being £17,604, which has been met. Building Fund - currently zero. The balance was spent during the year renovate the main entrance to make it more welcoming and accessible (the remaining balance will be depreciated over subsequent yearsl. A new target will be Set once further work has been undertaken to establish the feasibility of expanding the current site. Other balances will be requ ired on an ad-hoc ba515 e.g. to record the balance of any restricted grants or designated activitie5. How Do Year End Funds Com are to Our Tar et Level of ReseNes The following details the level of each fund against the target and action beinE taken to address any significant variances, Where the target is zero no further detail has been provided: Unrestricted Funds. AhoUgh the balance at the end of the year was circa £495,000 only approximately £97,000 of this was available as Current Assets. This is now comfortably above the target level for th 15 fund. The vast majority of the charity's unrestricted assets are in land and buildings. Fund to Provide a Pension to A Woodhouse- this reserve has achieved its target level Structure Governance and Mana Charitable Status The charitable company was granted charitable status on 15 December 2011 and is registered with the Charity Commission under registratlon number 1145077. The charity is also registered with Companies House under reglstration number 07837346 in England. ement Directors The above named have served as directors during the period as indicated above. The company directors are also trustees of the charity. The directors are appointed by the Board and met regularly throughout the yearto review all aspects of the charitable company. The composltion of the Board is kept under review and additional members are recruited should the need arise. Methods, Policy and Procedures for the Recruitment, AppoFntment. Inductlon and Tralnlng of New Trustees/Directors Where a need for a new trustee/director is identif led by the current trustees/directors, an individual with the required dedicatton, skills and experience will be invited to be appointed. New trusteesldirectors are provided with details of their responsibilities a5 Part of their training. For their induction, they are also briefed on the key issues that require their attention. Management Team The day to day running and management of the church ts undertaken by Alan Woodhouse. The accounts are overseen by Mark Hemming.
Aylesbury V31e Community Church Accounts~ 31 March 2025 Company No. 07837346 Volunteers In accordance with FRS102, the value of general volunteer time is not recognised in the accounts. However, it is acknowledged that the charity benefits significantly from all the work done by its volunteers. Without the kind donation of their time, the charity would not be able to provide resources as far reachinE and as timely. We are additionally grateful to the Leadership team who kindly provide time free of charge to run the charity's operations and ensure compliance with our many obligations. Risk Management The directors have considered the major risks to which the charitable company may be exposed and have taken steps to mitigate the impact of these. Investments The charitable company retain5 sufficient funds on short term deposit for the day to day runnin8 of the church activities, Bankers Metro Bank plc, Aylesbury and Lloyds Bank plc, Aylesbury Independent Examiner FJ Wilde FCCA DChA 4 Marigold Drive, Bisley, Surrey, GU24 9SF
Aylesbury Vale Community Church Accounts ~ 31 March 2025 Company No. 07837346 Report of the Directors (Trustees) and General Information (continued) for the period l April 2023 to 31 March 2025 Statement of Directors, Responsibilities The directors (who are also trustees of the charitable company for the purposes of charity lawl are responsible for preparing the Directors, Annual Report and the financial statements in accordance with general applicable law and United Kingdom Accounting Standards (United Kingdom General Accepted Accounting Practice). Company law requires the directors to prepare financial statements for each financial year which give true and fair view of the state of affair5 of the charitable company and of the incoming resources and application of resources including the income and expenditure, of the charitable company for that period, In preparing these financia I statements, the directors are required to.. select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charlties SORP; make judgments and estimates that are reasonable and prudent; state whether applicable UK Accounting St8ndard5 have been followed, subject to any material depèrture5 disclosed and explained in the financtal Statements: prepare the financial statements on the going concern basis unless it is inappropriate to presu me that the charitable company will continue in business. The directors are responsible for keeping adequate accounting records that d isclose wsth re850nable accuracy at any time the financial pos ition of the charitable company and enable them to ensure that the financial statements comply with the Companies Att 2006. They are also re5ponsibl@ foi safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The directors have prepared this report in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with FRS 102. Signed on behalf of the Board M Hemming- Director
Aylesbury Vale Community Church Accounts- 31 March 2025 Company No. 07837346 Independent Examinerf5 Report to the Directors Independent examiner's report to the directors of Aylesbury Vale Communlty Church I report on the accounts of the charitable company forthe year ended 31 March 2025, which comprise the Statement of Financial Activitie5, Balance Sheet, and related notes. Responsibilities and basis of report The trustees {who are also directors of the charitable company for the purposes of company lawl are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144{2) of the Charities Act 2011 (the 2011 act) and that an independent examination is required, Having 5ati5fied myself that the charitable company is not subject to audit under Part 16 of the 2006 Act and is eligible for independent examination, it t5 my responsibility to: examine the accounts under Section 145 of the 2011 act; to follow the procedures laid down in the general direction5 given by the Charity Commission under section 145(51 Ibl of the 2011 act; and Independent examiner's statement In connection with my examination, no matter has come to my attention: which gives me reasonable cause to believe that in any material respect of the requirements'.- accounting records were not kept in accordance with section 386 of the Companies Act 2006; or the accounts do not accord with such records; or the accounts do not comply with the accounting requirement5 Of section 396 of the Companies Att 2006 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of the independent examination," or2 the account5 have not been prepared in accordance with the Charities SORP {FR5102). I have 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 accounts to be reached. Since the charity's gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. 1 confirm that l am qualified to undertake the examination because l am a member of the Association of Chartered Certrfied Accountants, which is one of the listed bodies. FJ Wilde FCCA DChA Warner Wilde Limited 4 Marigold Drive Bisley Woking Surrey GU24 9SF Date:
Aylesbury Vale Community Church Accounts- 31 March 2025 Company No. 07837346 Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the year l April 2023 to 31 March 2025 2023124 2024125 Total Funds Unrestricted Funds Deslgnated Funds Restricted Funds Total Funds Note5 Income from: Donation5 Other trading actlvitles Investments Other Total 229,017 2,998 245,571 2,846 434 103 248,954 1,329 246,900 2,846 434 103 250,283 351 232,366 1,329 Expenditure on: Other trading activities Charitable activities other Total 399 178,485 804 173.726 834 174,560 1,829 175,555 834 176,389 179,688 1,829 52,678 Net Income/lexpenditure) 74,394 -500 73,894 14 &15 Transfers between funds 52,678 Net movement In funds 74,394 -500 73,894 RÈconclliatlon of funds Total fund5 brought forward Total funds carried forward 448,654 501,332 420,230 494,624 17,604 17,604 63,498 62,998 501,332 575,226 There were no recognised gains or losses Other than those included in the statement of financial activities. All income and expenditure derive from continu ing activities. The note5 on pages 9 to 16 form part of these financial statements
Aylesbury Vale Community Church Accounts-31 March 2025 Company No. 07837346 Balance Sheet 31 March 2024 YI March 2025 Notes 389,497 li FIXED ITANGIBLEI ASSETS 460,928 CURRENT A55ETS Stock of CDS Other Debtors Cash in Hand Bank Account5 20,948 220 164,183 185,351 28,554 155 85,831 114,540 CREDITORS.. Amoijnts falling due within one year Accruals Mortgage 1,270 12,400 13,670 171,681 242 242 NET CURRENT ASSETS 114,298 561,178 TOTAL ASSETS LESS CURRENT LIABILITIES 575,226 12 CREDITORS: Amounts falling due after one year Mortgage 59,846 501,332 13 NEf AssFrs 575,226 RESERVES General Fund Designated Funds Restricted Funds TOTAL CHARITY FUNDS 420,230 17,604 63,498 501,332 494,624 17,604 62,998 575,226 14 15 The accounts are prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relatingto small companie5 and with FRS 102. Forthe financial period ended 31 March 2025 the company was entitled to exemption from audit under section 477 Companies Act 2006 relating to Small companies and no notice has been deposited under section 476. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing accounts which give a true and fairview of the state of affair5 of the company as at the end of the financial year in accordance with the requirements of section5 394 and 395 and which otheNiise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the company. The accounts were approved by the directors on 15 December 2025 and signed on its behalf by M Hemming- Director Company No. 07837346
Aylesbury Vale Community Church Account5~ 31 March 2025 Company No. 07837346 Notes to the Accounts for the period ended 31st March 2025 A lesbu Vale Communit Church A company limited by guarantee and not having a Share capital. Registered in England. Registered Office: Community Church Centre, St Marks Road, Aylesbury, Buckinghamshire, HP21 8RH l. Accounting Policies Basis of Preparation The accounts have been prepared under the historical cost convention, modified to include the reva luation of f reehold properties and to include investment properties and certa in financial instruments at fair value,"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 IFRS1021 (effective l January 2019)" and the Companies Act 2006. The charity is a Public Benefit Entity as defined by FRSIO2. The charity has taken advantage of the provisions in the SORP for charitles applying FRS102 Update Bulletin I not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The principal accounting policies adopted are set out below. The trustees consider that there are no material uncertainties about the charity's ability to continue a5 3 going concern, and have continued to adopt the going concern basis of accounting in preparing the financial statements Funds - Restricted funds are funds which must be used in accordance with specific restrictions imposed by the donor or the terms of a specific appeal. Expen(liture which meets this criteria is drawn from the fund. Unrestricted funds a those funds which can be used for any purpose In furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees have, at their discretion, temporarily set aside resources for a specif ic purpose. Expenditure is included on an accruals basis when incurred, that is when there is a legal or constructive obligation. Expenditure includes irrecoverable VAT. accordance with FR5102, the value of general volunteer time is not recognised in the accotjnts. Income All incoming resources are included in the statement of financial activities when the charity is legally entitled to the income and the amount can be guaranteed with reasonable accuracy and there is the probability of receipt. Taxation - The charity receives tax refunds in respect of gift a id donations. These are accounted for in the period in which the donation wa5 originally received and are allocated to the appropriate fund. The charity has not received any income or gains not covered by exemptions available by virtue of ebing a registered charity. Fixed Assets - Assets costing £500 or more, with a useful life in exces5 of two years, are capitalised. Fixed assets (with the exception of landl are depreciated on a straight line basis over the length of their useful life. The rate in use is as follows: • Permanent church building5 - 50 years lin prior years this was 15 years, but following signrficant expenditure during 2024-25 this has been increased to better reflect the pattern of consumption) Log cabins- 12 years • Music eouipment-fully depreciated Ipreviously 25% per annum) iv. vi. vii. ix,
Aylesbury Vale Community Church Accounts-31 March 2025 Company No, 07837346 Stock - Stock is valued at the lower of cost or net realisable value after making due allowance for any obsolete or slow moving items. Pensions- The church makes contributions tothe government's NEST pension scheme for all eligible employees. It 15 a defined contribution scherne with the assets held separately and independently administered. The employer pension costs are included as expenditure in the year in which they become payable, Financial instruments - the charity has elected to apply the provisions of seCtOn 11 'Basic financial instruments, and Section 12 '0ther Financial Instruments Issues, ofFRS102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set 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 financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortlsed cost using the effective interest method u nless the arrangement constitutes a financing transaction. where the transaction is measured at the present value of future receipts discounted at a market rate of interest. Financial asset5 classified as receivable within one year are not amortised. Basic financial liabilities - Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unles5 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 within one year are not amortised. Debt instruments are subsequently carried at amortised cost, usingthe effective interest rate method. Dere¢ognition of financial liabilities- financial liabilities are derecognised when the charity's contractual obligation5 expire or are discharged or cancelled. Critical accounting estimates- In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent form other sources. The estimates and associated a55umption5 are based on historical experience and other factor5 that are considered to be relevant. Actual results may differ from these variances. 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 revised where the revision affects only that period, or in the period of the revision and future periods where the revision affect5 both current and future periods. xiv. xv. xvi. io
Aylesbury Vale Community Church Accounts-31 March 2025 Company No. 07837346 2. Donations Total 2024 Unrestricted De518nated Funds Funds Restricted Funds Total 2025 193,983 General Church Giving 3,000 Special Collections 32,034 Gift Aid Recovered 229,017 201,872 221 43,478 245,571 201,872 1,550 43,478 246,900 1,329 1,329 3. Other Trading ActSvities (Income) Total 2024 Vnrestri¢ted Deslgnated Funds Funds Restricted Funds Total 2025 101 Building Fund Café and One- off Events 2,177 Youth Club Fees 720 Hall Lettings 2,998 2,775 71 2,846 2,775 71 2,846 4. Investments Total 2024 Unrestricted Designated Funds Funds Restricted Funds Tcfrtal 2025 Interest Received 434 434 5. Other Income Total 2024 Unrestrlrted Deslgnated Funds Funds Restrlrted Funds Total 2025 351 Other Income 103 103 6. Other Trading Activities (Expenditure) Total 2024 Unrestricted Designated Restricted Total 2025 Funds Funds Funds Cost of CDS, Tapes and iTune5 399 Café Costs 399 li
Aylesbury Vale Community Church Accounts- 31 March 2025 Company No. 07837346 7. Charitable Activities Total 2024 Unrestrirted Designated Restricted Total 2025 Funds Funds Funds 109,698 Ministry Support and Expenses 1,500 Evangelism and Outreach 4.994 Children and Youth 2,629 Missionary Givin6 and Other Gifts and Donations 8,355 Music, Worship and Church Event5 39,773 Property Costs 2,155 Office Costs 1,677 Insurance 408 Bank Charges Professional Fees 7,296 Mortgage Interest 178,485 114,139 114,139 5,866 4,533 5,866 5,862 1,329 13.628 26.330 2,986 1.871 478 150 3,745 173,726 13,628 26,830 2,986 1,871 478 150 3,745 175,555 500 1,829 8. Other Expenditure Total 2024 Unrestrlcted Deslqnated Restrirted Total 2025 Funds Funds Funds Accountèncy and Governance 804 Independent Examination Fee 804 834 834 834 834 9. Staff Costs 2024 2025 Emoluments Employer's National Insurance. Employerfs Pension Contribution5 32,481 36,170 974 33,455 1,085 37,255 °This amount was rebated to zero Average number of employees during the year was three {prior year's average was three). All staff are employed by the charity and no employees were paid more than £60,000 per annum (based on a full-time equivalent ratel. 12
Aylesbury Vale Community Church Accounts-31 March 2025 Company No. 07837346 10. Transactions with Directors and Related Parties During the year there were the following transaction5 Wlth director5 and related parties,. Fees and Salary Gifts Expenses Awoodhouse I Peters R Peters A Troke 67,681 13,100 8,923 14,147 1.403 65 69,084 12,783 6,029 13,738 The key management personnel are A Woodhouse, I Peters and A Troke A Woodhouse and I Peters are directors R Peters is married to I Peters and is also the daughter of A Woodhouse. She is employed as Church 5ecretary/Personal Assistant A Troke is the daughter of A Woodhouse. She is employed to run the mother and tots group and youth group within the church There were no employer pension contributions made for A Woodhou5e No directors are paid for acting as direttors/trustees. The remuneration paid is for other seNices provided to the charity and the legal authority is provided in the governing document. Total expenses claimed by S Dube, M Oliver, M Sule, Sjones and M Hemming land their related parties) amounted to £0 (the prior year amount was £0). None of these three directors or their related parties claim any mileage or subslstence payments. Prior Year Comparative Information: Fees and Salary Gifts Expenses A Woodhouse I Peters R Peters A Troke 65,709 12,718 6.029 13,734 2,172 147 67.881 12,865 6.029 13,753 19 13
Aylesbury Vale Community Church Accounts- 31 March 2025 Company No. 07837346 11. Fixed Tangible Assets Current Year: Free hold Land Free hold Buildings Muslc Equipment Total 2025 Cost At 01.04.2D24 Additions At 31.03.2025 Accumulated Depreciation At 01.04.2024 Charge for the Period At 31.03.2025 Net Book Value At 31.03.2025 350,000 162,400 81,516 243,916 4,473 516,873 81,516 598,389 3SO,000 4,473 122,904 -10,085 132,989 4.472 127,376 -10,085 137,461 4.472 350,000 110,927 460,928 The mortgage held by the Church was secured against the freehold land and buildings. It was fully repaid during 2024-25. Prior Year Comparative Information.. Free hold Land Free hold Buildings Mu51¢ Equipment Total 2024 Cost At 01.04.2023 Additions At 31.03.2024 Accumulated Deprèciation At 01.04.2023 Charge for the Peilod At 31.03.2024 Net Book Value At 31.03.2Q24 350,000 162,400 4,473 516,873 350,000 162,400 4,473 516,873 112,151 10,753 122,904 4,472 116,623 10,753 127,376 4,472 350,000 39,496 389,497 14
Aylesbury Vale Community Church Accounts- 31 March 2025 Company No. 07837346 12. Creditors - Amounts Falling Due After One Year 2024 2025 Mortgage 2-5 years Mortgage more than 5 years 49,600 10,246 59.846 The mortgage was repayable by monthly instalments but was fully repaid during 2024-25. 13. Analysis of Net Assets by Fund Totsl 2024 Unrestrlcted Deslgnated Restrlcted Funds Funds Funds Total 2025 389,497 Fixed Assets 185,351 Current Assets 113.6701 Current Liabilities 159,8461 Credltors falling due after one year 501,332 Total 397,930 96,936 -242 62,998 460,928 114,540 -242 17,504 494,624 17,604 62,998 575,226 14. Designated Funds Current Year: Balance 31.03.2024 Income Expenditure Transfer5 Balance 31.03.2025 Fund for Mission Work Fund to Provide a Future Pension to A Woodhouse Total 17,604 17,604 17,604 17,604 Prior Year Comparative Information.. Balance 31.03.2023 Income Expendituro Transfers Balance 31.03.2024 Fund for Mission Work Fund to Provide a Future Pension to A Woodhouse Total 13,185 13,185 17,604 17,604 17,604 13.185 13,185 17,604 15
Aylesbury Vale Community Church Accounts-31 March 2025 Company No. 07837346 15. Restricted Funds Current Year: Balance 31.03.2024 Income Expenditure Transfers Balance 31.03.2025 Buildin8 Fund Fund for Mission Work Sunday School Donations to Pass On Totsl 63.498 62,998 1,329 1,329 1,329 1,829 63,498 62,998 Buildin Fund Expenditure during the year was to renDVate the main entrance to make it more welcoming and acce55ible. A new target will be set once further work has been undertaken to establish the feasibility of expanding the current site. The current balance will be reduced by depreciation over the subsequent years. Fund for Mission Work This reserve was fully utilised in a previous financial year. Sunda School This reserve was fully utilised in a previou5 f inancial year. Donations to Pass On This reserve was fully utilised in the previous financial year, and all amounts received in the current year were passed on during the current year. Prior Year Comparative Information., Balance 31.03.2023 Intome Expenditure Transfers Balance 31.03,2024 Building Fund Fund for Mission Work Sunday School Donations to Pass On Total 76,083 1,567 15,815 1,663 63,498 76,083 1,567 15.815 1,663 63,498 16
Aylesbury Vale Community Church Accounts- 31 March 2025 Company No. 07837346 Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the year l April 2023 to 31 March 2024 This note is provided in order to show the breakdown of the prlor year comparative figure5 between unrestricted, designated and restricted funds, 2023124 Unrestricted Funds Designated Funds Restrirted Funds Totsl Funds Income from: Donations Other tradlng activitles Inve5tment5 Other Total 227,549 2.998 1,468 229,Ci17 2,998 252 230,799 99 1,567 351 232,366 Expendlture on: other trading activities Charitable activities other Total 399 149,485 804 150,688 399 178,485 8D4 179,688 13,185 15,815 13,185 15.815 Net Income/lexpendlture) 80,111 -13,185 -14,248 52,678 Transfers between funds Net movement in fund5 -14,848 65,263 13,185 1,663 -12,585 52,678 Reconciliation of funds Totsl funds brought forward Totsl funds carried forward 354,967 420,230 17,604 17,604 76,083 63,498 448,654 501,332 17