| Page | |
|---|---|
| Reference and administrative details of the charity,itsTrusteesand their advisers | 1 |
| TrusteesReport | 2 |
| lndependentExaminer's Report | 3 |
| StatementofFinancial Activities | 4 |
| Consolidated Balance Sheet | 5 |
| BalanceSheet | 6 |
| Notes tothe FinancialStatements | 7-11 |
| FORT | HE YEARENDED31DECEMBER2024 |
||||
|---|---|---|---|---|---|
| 2024 | 2023 | ||||
| Unrestricted | Restricted | Total | Total | ||
| Funds | Funds | Funds | Funds | ||
| Notes | *. | f, | f, | f, | |
| Income and Endowments | |||||
| 2 | Incomefromdonors | 23,638 | 23,638 | 29,649 | |
| 3 | Othervoluntaryincome | 14,977 | 14,977 | 19,477 | |
| 4 | Incomefromoperatingactivities | 528,939 | 528,939 | 426,846 | |
| Totalincome and endowments | 567,554 | 567,554 | 475,972 | ||
| Expenditure | |||||
| 5 | Costofgenerating funds | 171,788 | 171,788 | 134,496 | |
| 6 | ClergyandStaffingcosts | 186,715 | 186,715 | 131,667 | |
| 7 | BuildingandMaintenance | 108,561 | 108,561 | 60,188 | |
| 8 | RunningCosts | 43,090 | 43,090 | 41,852 | |
| CommonFund | 62,000 | 62,000 | 50,000 | ||
| Expenditure | 572,154 | 572,r54 | 414,203 | ||
| Net movementin funds | (4,600) | (4,600) | 61,769 | ||
| BALANCESBROUGHT FORWARD | 260,479 | 4,000 | 264,079 | 202314 | |
| BALANCESCARRIED FORWARD | 255,479 | 4,000 | 259,479 | 264,079 |
| CO | NSOLII}ATEDBALANCE S | HEET AT31DECEMBEIi202 | 1 | ||
|---|---|---|---|---|---|
| 2M4 | 2fi73 | ||||
| Noter | f | s | |||
| F'TXEDASSETS | |||||
| I | Furniture and Equipment | 17567 | 6,681 | ||
| CURRENTAS$ETS | |||||
| IO | Cashand Bank | 258.053 | 263.&?6 | ||
| u | Stoek | 7,2V1 | 5Jr8 | ||
| t2 | Dekors | 4.tM | 7,?55 | ||
| 269,488 | 276,949 | ||||
| CURRENT LIABIT,ITTES | |||||
| t3 | Accrua!s | 2,000 | 2,0s0 | ||
| 14 | Creditors | 25576 | 29,221 | ||
| 2V,976 | 31,221 | ||||
| NET CURRf,NTASSETS | 24t.512 | 245,728 | |||
| TOTALASSETS LESSLIABTLITIES | 259,479 | 252409 | |||
| -=: | |||||
| ATIALYSTSOF FI}NDS | |||||
| Unrestri*ed | 255,479 | 248,4W | |||
| Rexricted | 4,000 | 4,000 | |||
| Total Theaccountswere approved by |
259.479 tgn^a?ot5===E:qE= theCouncilon,,fndsignedonits behalfhy:PaulKennedy W |
252,409 @=:Ta:= (6uildVicar) |
| GUTLDCHURCH COUNCII,OTSTMARY ALDERMARY | GUTLDCHURCH COUNCII,OTSTMARY ALDERMARY | GUTLDCHURCH COUNCII,OTSTMARY ALDERMARY | Page6 | ||
|---|---|---|---|---|---|
| BALANCESHEAT AT3IDECEMBER2{T24 | |||||
| z*:tA | 2fi23 | ||||
| NOTES | g | c, | |||
| FD(EDASSETS | |||||
| l6I | lnvestrnentinStMary Aldermary$rading)I-td Furnitureand Equipment |
24,254 | 24.250 | ||
| CT}RRENTASSETS | |||||
| IO | Cashand Bank | 196,625 | 1&4,102 | ||
| t2 | Debtors | 4.164 | 7,?55 | ||
| l,oan toStMary Aldennary(Trading)Ltd | u,739 | 70,956 | |||
| 265,5?g | 262.8r3 | ||||
| CURRENT LIABILTTTES | |||||
| 13 | Acenrals | I,000 | 1,0CI0 | ||
| l4 | Creditors | II,971 | 5,952 | ||
| t?.971 | 6"852 | ||||
| NET CURRENTASSETS | 252,557 | 255-961 | |||
| TOTALASSET$ LESSLIABILITIEfI | 216,&fi7 | 280,2tI | |||
| ANALYSTSOTFUNDS | |||||
| Unrestrieted | 272,807 | 276.21t | |||
| Restricted | 4,000 | 4.000 | |||
| Total | 276,90? | 280,21I |
| Incomefromdonors | |||
|---|---|---|---|
| 2024 t |
2023f | ||
| PlannedGiving | 5,510 | 6,000 | |
| CollectionsandOtherGiving | 16,927 | 22,t93 | |
| GiftAidRecovered | 1,201 | 1,456 | |
| -11,a$ | 23,638 | ||
| -2g,649 | |||
| Othervoluntaryincome | |||
| Grants | |||
| Trustfor London | 1,290- | 1,290 | 1,290 |
| TrustforLondonBoiler50%o | 2,285 | ||
| Diocesan Fund | 2,600 | ||
| WorshipfulCompany of Cordwainers | 1,750 | ||
| City ofLondonToiletScheme | 720- | ||
| ICS | 567 | ||
| CommunityEnerryFund | 7,500 | ||
| LPOWGrant | 2,720 | 2,832 | |
| LegacySMelluish | 8,000 | ||
| BurialFund | 2,500 | ||
| Tank Regiment | 400 | ||
| 14,971 | 19,477 | ||
| Incomefromoperating activities | |||
| Church Yard Trading Stalls | 60,376 | 60,376 | 106,454 |
| Rental: Orthodox Church | 36,825 | 33,750 | |
| Rental: Income Other | 5,175 | ||
| Salos | 393,485 | 299,271 | 299,271 |
| Feesforweddingsandfimerals | |||
| Rent fromBuilding | 29,000 | 26,000 | |
| Bank Account Interest | 4,078 | 1,694 | |
| 528,939 | 426,846 |
| NO | TESTO THEACCOT]NTSAT31DECEMBER?O24 | Page 9 | |
|---|---|---|---|
| 5 | Costof generating funds | ||
| 2024 | 2023 | ||
| f. | g | ||
| GiftAidandCollectionFees | |||
| Performance andPublicityCosts | 2,959 | 2,700 | |
| BankCharges | 6,616 | 5,570 | |
| CostofSales | 109,699 | 84,822 | |
| VAT | 52,515 | 37,404 | |
| 171,788 | 130,496 | ||
| ClergyandStaffingCosts | |||
| StaffSalaries | 165,130 | 118,608 | |
| EmployersNationalInsurance | 7,454 | 2,501 | |
| EmployersPensionContribution | 10,647 | 7,357 | |
| Payrollbureau fee | r,564 | 1,493 | |
| Training | 902 | 1,496 | |
| Recruitment | 18 | 36 | |
| GuildVicar | |||
| -PastoralExpenses | 1,000 | 176 | |
| 186,715 | 131,667 | ||
| Theaveragenumberof employeesin2024was7. | |||
| BuildingandMaintenance | |||
| lnsurance | 1,543 | 747 | |
| Rent | 29,000 | 26,000 | |
| Church maintenance | 13,758 | 20,895 | |
| Costof Applying forGrants | 31,656 | 4,637 | |
| Electricity | 18,365 | 24,180 | |
| Gas | 11,153 | 6,009 | |
| Water | 218 | 2t3 | |
| Equipment Maintenance | 2,868 | 3,507 | |
| 108,561 | 86,I88 |
| NO 8 |
TESTO THEACCOTINTSAT31DECEMBERa RunningCosts |
Oa | Page10 |
|---|---|---|---|
| Year to | Yearto | ||
| 2024 | 2023 | ||
| g | s | ||
| Equipment | 3,919 | 3,522 | |
| Cleaning | 17,392 | 9,079 | |
| WorshipCosts | 7,747 | 7,179 | |
| Telephone | 1,921 | 1,833 | |
| IT | 1,099 | 316 | |
| Postage,printing,stationery | 522 | 829 | |
| Donations | 15,000 | 19,711. | |
| Governancecosts | 1,990 | 1,980 | |
| AdministrationExpenses | 1,018 | 842 | |
| DepreciationofFurnitureandEquipment | 4,492 | 2,567 | |
| 43,090 | 41,852 | ||
| FixedAssets | |||
| Furniture&Equipment | |||
| Costat1January | 18,171 | 17,295 | |
| Additions | 14,668 | 876 | |
| Costat31 December | 32,939 | 18,171 | |
| Depreciationat1January | 10,380 | 7,819 | |
| Depreciationchargeinyear | 4,492 | 2,561 | |
| Depreciationat31December | 14,872 | 10,380 | |
| Net Book Valueat31 December | n,gal | 7,791 | |
| 10 | Cash&Bank | ||
| Bank Accounts | 257,004 | 262,899 | |
| PayPal | 1,049_ | ||
| CashFloats | |||
| 258,053 | 263,876 | ||
| l1 | Stock | ||
| HostConsumables | 7,271 | 5,318 | |
| 7,271 | 5,318 |
| GTIILD CHURCHCOI]NCILOFSTMARY ALDERMARY |
||
|---|---|---|
| NOTESTOTHEACCOUNTS AT3IDECEMBER2O24 | Page11 | |
| 12Debtors | ||
| Year to | Yearto | |
| 2024 | 2023 | |
| f, | g | |
| Gift AidRecoverable | ||
| Grant Receivable | ||
| CommunityWeekendAway | : | |
| Outstanding RentalIncome | 4,164 | 7,755 |
| 4,164 | 7,755 | |
| 13Accruals | ||
| Govemancecosts- lndependentExaminer | 2,000 | 2,000 |
| 2,000 | 2,ooo | |
| L4Creditors | ||
| BuildingandI{aintenance | 11,293 | 5,679 |
| Cityof London Recovery Funder Grant remainder | 9,928 | |
| Rental Deposits | 2,300 | 2,300 |
| Creditors | 632 | |
| VAT | 12,383 | 10,682 |
| 25,976 | 29,221 |
| NO | TESTOTHEACCOUNTSAT31DE | CEMBER2024 | Page1 | ||
|---|---|---|---|---|---|
| 15 | Movement off,'unds | ||||
| Fund | at0ll0ll24incoming | outgoing | gains/ | at31112124 | |
| losses | |||||
| Unrestricted | 260,079567,554 | 572,154 | 255,479 | ||
| Resfficteddoors | 4,000 | 4,000 | |||
| Restrictedpayroll | |||||
| Restrictedbuildingmaintenance | |||||
| 572,154 | 259,479 | ||||
| -264,079-567,554 |
| 2024 | 2023 | |
|---|---|---|
| f | c | |
| Turnover | 393,478 | 299,235 |
| Bank Interest | 844 | 249 |
| CostOfSales | 10g,699 | 84,822 |
| GrossProfit | 283,779 | 214,413 |
| Rent | 29,000 | 26,000 |
| Staffing | t57,077 | 105,162 |
| VAT | 52,515 | 37,404 |
| Other Operating Expenditure | 47,227 | 46,007 |
| Giftaided toParentCharity OperatingProfit /(Loss) |
_rtt2ot | 89 |
| ShareCapital | 24,250 | 24,250 |
| Reserves | (77,328) 5sn |
(26,058) _!.0qgl |
| FixedAssets | 17,967 | 7,791 |
| Stock | 7,271 | 5,3l8 |
| Loan fromtoStMary Aldermary | (64,739-) | (70,956) |
| Cityof London Grant carried forward | (9,928) | |
| Bankand Cash | 61,428 | 79,774 |
| Creditors | (15,005) | (13,809) |
| qru |