Registered Charity No. : 1160231
Bitterne SNU Spiritualist Church
Report and Accounts
31 December 2024
Bitterne SNU Spiritualist Church Report and accounts Contents
| Page | |
|---|---|
| Trustee report | 1 |
| Accountants report | 2 |
| Income and expenditure | 3 |
| Balance sheet | 4 |
| Notes to the accounts | 5 |
Bitterne SNU Spiritualist Church Trustees Report
The trustees present their report and the financial statements for the year ended 31 December 2023.
The trustees are responsible for preparing the trustees report and the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom accounting standards and applicable law).
Under the Charity Act 2006, the trustees must not approve the financial statements unless they are satisfied they give a true and fair view of the state of affairs of the charity for that period.
In preparing the financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently
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make judgements and accounting estimates that are reasonable and prudent
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the statements comply with the Charity Act 2006. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
President
K Frost (appointed 20th April 2024)
Treasurer
N Jenkins (appointed 20th April 2024)
Church Address
Top of Lances Hill 390 Bitterne Road Bitterne Village Southampton SO18 1 DR
Accountants
Tidby Accounting & Business Solutions 33 Harvey Crescent Warsash Southampton SO31 9TA
I have examined the relevant books and records and am satisfied that the financial statements are a true statement of account.
N Jenkins On behalf of the church 20th February 2025
1
Bitterne SNU Spiritualist Church Accountants Report
Accountants' report to the trustees of Bitterne SNU Spiritualist Church
In accordance with your instructions, I have prepared the accounts which comprise of the Income and Expenditure Account, the Balance Sheet and the related notes from the accounting records of the charity and on the basis of information and explanations you have given to us.
I have examined the books and records of Bitterne SNU Spiritualist Church, as supplied by the Treasurer for the year ended 31st December 2024 and confirm that the financial statements are correct in accordance therewith.
I have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Deana Tidby Tidby Accounting & Business Solutions 20th February 2025
2
Bitterne SNU Spiritualist Church Income and expenditure for the year ended 31 December 2024
| Donations, charitable and other trading activities Administration expenses Operating surplus Contribution towards mortgage Interest receivable Interest payable Surplus/(Deficit) for the financial year |
2024 £ 35,149 (22,356) 12,793 6,000 488 (3,737) 15,544 |
2023 £ 22,412 (15,203) 7,209 6,000 238 (4,068) 9,379 |
|---|---|---|
3
Bitterne SNU Spiritualist Church Balance sheet as at 31 December 2024
| Notes Fixed assets Tangible assets 2 Current assets Lloyds bank account SNU trust deposit account Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year 3 Net assets Income and expenditure account 5 Members funds |
10,337 29,388 39,725 |
2024 £ 352,794 39,725 392,519 (240,420) 152,099 152,099 152,099 |
5,776 27,883 33,659 |
2023 £ 352,794 33,659 386,453 (249,898) 136,555 136,555 136,555 |
|---|---|---|---|---|
4
Bitterne SNU Spiritualist Church Notes to the accounts for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
2 Tangible fixed assets
| Cost At 1 January 2024 At 31 December 2024 Depreciation At 31 December 2024 Net book value At 31 December 2024 At 31 December 2023 3 Creditors: amounts falling due after one year SNU Loan - Trust Advanced Accounts 4 SNU Loan - Trust Advanced Accounts Balance at 1 January Interest Less : Repayments (incl flat rent paid direct) Balance 31 December 5 Members funds Balance at 1 January Surplus/(deficit) Balance 31 December |
2024 £ 240,420 2024 £ 249,898 3,737 (13,215) 240,420 2024 £ 136,555 15,544 152,099 |
Land and buildings £ 352,794 352,794 - 352,794 352,794 2023 £ 249,898 2023 £ 259,030 4,068 (13,200) 249,898 2023 £ 127,176 9,379 136,555 |
|---|---|---|
5
Bitterne SNU Spiritualist Church Detailed income and expenditure for the year ended 31 December 2024
| Sales Collections Healing Demonstrations, readings and circles Donations Literature sales Refreshments Tutor groups Electricity, water, room hire and parking Shop,table top sales, fairs and raffles Weddings, funerals and namings Subscriptions Sundry Administration expenses Speakers and tutors Electricity Water rates Repairs and maintenance Insurance Stationery, postage and literature Socials and raffles Advertising and marketing costs Accountancy fees SNU affiliation fees Sundry expenses Contribution towards mortgage Interest payable Mortgage interest (SNU Advanced Account) Interest receivable Deposit interest (SNU Trust Deposit Account) Surplus/(Deficit) for the financial year |
2024 £ 2,395 3,557 2,630 9,841 381 280 2,966 9,751 896 150 502 1,800 35,149 3,254 925 759 14,085 1,330 224 362 348 350 325 394 22,356 6,000 3,737 488 15,544 |
2023 £ 3,116 3,826 1,127 474 149 422 4,209 7,575 738 - 526 250 22,412 3,596 3,402 568 4,793 1,247 277 69 290 350 270 341 15,203 6,000 4,068 238 9,379 |
|---|---|---|
6