| 23-30 | Notesto theFinancialStatements |
|---|---|
| 31 | IndependentExaminer'sReport |
| Unrestricted | Restricted | Restricted | EndowmentTOTALFUNDSTOTAL FUNDS | EndowmentTOTALFUNDSTOTAL FUNDS | EndowmentTOTALFUNDSTOTAL FUNDS | EndowmentTOTALFUNDSTOTAL FUNDS | ||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2023 | 2022 | ||||
| Notes | E |
t | ||||||
| INCOME AND ENDOWMENTS | ||||||||
| Voluntary income | 2a | 116,693 | 1,212 | 117,905 | 138,920 | |||
| Activities for generating funds | 2b | 21,678 | 21,678 | 24,566 | ||||
| lncome from investments | 2c | 33,790 | 745 | 34,535 | 28,629 | |||
| Church activities | 2d | 16,990 | 16,990 | 28,311 | ||||
| TOTALINCOME | 189,151 | 1,957 | 191,108 | 220,425 | ||||
| EXPENDITURE | ||||||||
| Church activities | 3a | 195,018 | 12,772 |
7,162 | 214,952 | 231,102 | ||
| Raising Funds | 3b | 12,873 | 12,873 | 12,742 | ||||
| TOTALEXPENDITI..}RE | 207,891 | 12,772 |
7,162 | 227,825 | 243,844 | |||
| NETINCOME/(EXPENDTTURE) BEFORE INVESTMENT GAINS |
(19,7411 | (10,81 5) | 17,1621 | (36,7{8) | (23,4191 | |||
| NET GAINS ON INVESTMENTS | 7b&8a | 1,172 | 35,823 | 26,402 | 63,397 | (103,020) | ||
| NETTNCOME/(EXPENDTTURE) | (17,569) | 25,008 | 19,240 | 26,679 | (126,439) | |||
| TRANSFER BETWEEN FUNDS | 6 | |||||||
| NET MOVEMENT IN FUNDS | (17,569) | 25,008 | 19,240 | 26,679 | (126,439) | |||
| TOTAL FUNDS BROUGHTFWD. | 11 | 360,670 | 583,474 |
297,O19 |
1,241,163 | 1,367,602 | ||
| TOTAL FUNDS CARRIEDFWD. | 12 | 343,101 | 608,482 | 316,259 | 1,267,842 | 1,241,163 |
| 2023 | 2022 | ||
|---|---|---|---|
| Notes | E | E | |
| FIXEDASSETS | |||
| Tangible | 7a | ||
| !nvestments | 7b | 348,778 | 419,541 |
| 348,778 | 419,541 | ||
| CURRENTASSETS | |||
| Stock | |||
| lnvestments | 8a | 444,997 | 410,719 |
| Debtorsandprepayments | 8b | 6,494 | 9,139 |
| Shorttermdeposits | 245,773 | 253,643 | |
| Cash at bankandin hand | 221,910 | 153,281 | |
| 919,064 | 826,782 | ||
| LIABILITIES | |||
| Creditors-amountsfallingduewithinoneyear | 5,160 | ||
| NET CURRENTASSETS /(L | AB]LIT | ES) | |
| TOTALASSETSLESSCURRENTLIABILITIES | 1,267,842 | 1,241,163 | |
| Creditors-amountsfalling due afteroneyear | |||
| TOTALNETASSETS | 1,267,842 | 1,241,163 | |
| PARISHFUNDS | |||
| Unrestricted | 11&12 | 343,101 | 360,570 |
| Restricted | 11&12 | 608,482 | 583,474 |
| Endowment | 11&12 | 316,259 | 297,019 |
| 1,267,842 | 1,241,163 |
| 2 | INCOMEAND ENDOW | MENTS | ||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total Funds | TotalFunds | ||||
| Funds | Funds | Funds | 2023 | 2022 | ||||
| E | € | € | E | t | ||||
| 2a | Voluntary income | |||||||
| Planned giving | Gift aid donations | 53,383 | 53,383 | 49,051 | ||||
| Other | 690 | 690 | 40 | |||||
| Collections | (openplate) | 23,096 | 23,096 | 25,472 | ||||
| Giftdays | 3,992 | 3,992 | 1,590 | |||||
| Gifi Aid recovered | 19,020 | 19,020 | 19,249 | |||||
| lnsurance claim | 4,969 | |||||||
| Grants | 5,560 | 5,560 | 7,000 | |||||
| Donations, appeals,etc. | 8,871 | 1212 | 10,093 | 9,967 | ||||
| Legacies | 2,O91 | 2,091 | 22,193 | |||||
| 116,693 | 1,212 | I17,905 | 139,920 | |||||
| Activities forgenerating | ||||||||
| 2b | funds | |||||||
| BinseyLinkadvertising | 5,453 | 5,453 | 5,696 | |||||
| BinseyLinkdonations | 4,341 | 4,341 | 4,550 | |||||
| BinseyLink grants | - | 680 | ||||||
| Fund-raising | 11,984_ | 11,994 | 13,640 | |||||
| Sale of churchrooms | ||||||||
| 21,678 | 21,678 | 24,566 | ||||||
| 2c | lncomefrominvestments | |||||||
| Dividends on lnvestment | ||||||||
| Funds | 31,704 | 195 | 3,l,899 | 26,10g | ||||
| Bankand DepositFunds | ||||||||
| lnterest | 2,085 | 550 | 2,635 | 2,521 | ||||
| 33,790 | 745 | 34,535 | 28,629 | |||||
| lncomefromchurch | ||||||||
| 2d | activities | |||||||
| Feesfor weddingsand | ||||||||
| funerals | 16,990 | 16,990 | 28,311 | |||||
| Wayleavepayments | ||||||||
| 16,990 | {6,990 | 28,311 | ||||||
| Total lncome | 199,{51 | {,957 | - | 191,108 | 220,426 |
| or | theyear ending3{Dece | mber2o,23 | (Gontinued | ) | |||
|---|---|---|---|---|---|---|---|
| 3 | EXPENDITURE | ||||||
| Unrestricted | Restricted | Endowment | Tota! Funds | Total Funds | |||
| Funds | Funds | Funds | 2023 | 2022 | |||
| t | € | I | E | E | |||
| 3a | Ghurchactivities | ||||||
| Missionary and charitable giving: | |||||||
| Christian Relief&DevAg | 20 | 20 | |||||
| Church charities | 1,721 | ||||||
| Secular charities | 1,455 | 1,455 | |||||
| Parish offer | 102,000 | 102,000 | 102,000 | ||||
| Ministry expenses | 17,315 | 17,315 | 11,075 | ||||
| Church running and maintenance | 46,815 | 1,505 | 6,1 | 49 | 54,469 | 71,969 | |
| Church utility bills | 9,245 | 1,013 | 10,258 | 7,976 | |||
| Major repairs to church | 1,436 | 11,267 | 0 | 12,703 | 14,840 | ||
| New building work | |||||||
| Church administration | 9,742 | 9,742 | 9,947 | ||||
| ParochialFees | 6,991 | 6,991 | 11,675 | ||||
| 195,018 | 12,772 | 7,162 | 214,952 | 231,102 | |||
| 3b | Raising Funds | ||||||
| Fund raising costs | 608 | 608 | |||||
| Binsey Link Costs | 12,265 | 12,265 | 9,651 | ||||
| 12,873 | 12,873 | 9,651 | |||||
| Total Expenditure | 207,891 | 12,772 | 7,162 | 227,825 | 240,753 |
| 8a | lnvestments | E | |
|---|---|---|---|
| Market valueatlstJanuary 2023 | 410,719 | ||
| \Mthdnawal | |||
| Revaluation gain | 34,16g | ||
| Market value at 31st December2023 | 444,997 | ||
| 2023 | 2022 | ||
| 8b | Debtorc (Unrcstrictedfunds) | C | € |
| Tax recoverable | 6,494 | 6,841 | |
| Prepayments and accrued interest | 2,298 | ||
| Funeral Fees | |||
| Total Debtorc | 6,494 | 9,139 | |
| Debtors and Prepayments represent: |
2023 | 2022 | |
| f | |||
| Allhallows - Gift Aid | |||
| Bassenthwaite -GifrAid | 1,469 | 1,469 | |
| Embleton - Gift Aid and GASDS | 1,569 | 1,224 | |
| lsel - Gift aid and GASDS | 759 | ||
| Plumbland - Gifi Aid and GASDS | 1,556 | 1,965 | |
| Uldale-lnsurance prepayment |
2,298 | ||
| Uldale - Gift Aid | |||
| Torpenhow - Gift Aid | |||
| Wythop - Gift Aid | 1,901 | 1,425 | |
| Total | 6,494 | 9,{39 |
the |
year ending3{December2023(Gontinued) |
||
|---|---|---|---|
| 9 | LIABIUTIES | ||
| 2023 | 2022 | ||
| tt | |||
| Amounts fallingdue inoneyear (Unrestricted funds) | |||
| Accruals for Team staff costs | |||
| Bassenthwaite-Building fees | |||
| Grass antting - estimated invoice-lsel | 3,000 | ||
| Cremation Stone -lsel | 2,160 | ||
| Expenses - Torpenhow | |||
| Total Unrestricted Funds | 5,160 |
| F€8 EH Es EE tEEEtE |
oB r; EE |
flp He &r |
E €* EE |
E EE EE |
tT El fg |
|
|---|---|---|---|---|---|---|
| Funds | ||||||
| Unrestricted | 360,670 | 199,151 | (207,gg1) | 1,172 | - | 343,101 |
| Restricted | 583,474 | 1,957 | (12,772) | 35,923 |
609,492 | |
| Endowment | 297,019 | (7,162) | 26,402 | 316,259 | ||
| Total | 1,A1,163 | 191,109 | 1227,925163,397 | - |
1,267,U2 |
Th• Blns•y T•arn Mlnlstry Parochlal Church Councll Ind•p•ndent Examlnees report to the trustees of Th• Blnsey Team Ministry Parochial Church Councll I report to the trustees on my examination of th6 accounts of the above Charity for the year ended 31 Decernbar 2023, whi¢h are Set out on pages 21 to 30. Responslbllltleg and basls of report As th8 charity's trustees, you are respJn8ibl8 for the preparation of the a¢Unts In aLwrdance with the requSremerrts of the Charilies Act 2011 (Ihe Act"). I report In respect of my 8xamlnatlon of Trusvs accounts cafrled out under sectlon 145 ofthe 2011 Act and In ¢arying out my examination. I have ft)Ilow6d all the applicable Ditections given by the Charity Cornmission under 8eclion 145(5Xb) of the Act. Indopondent examlner's Statement Tho chartvs gr088 Income exceeded £250,000 and l am qualffied to undertake the exarnination by being a qualified member of The Institrjte of Chartered Certtfied Accountants in England and Wale8. I have compteted my examlnatlon. I confimi that no material rnattern have come to my attention in connedon wlth the examlnation which gives me cause to bell8ve that In, any matedal respect: the accountirrfJ records were not kept In accordance sec 130 of the Charitses Act or the account8 did not accord with the ac£ountlrig [ordS. or the accounts did Tt comply with the applicable requirements ¢oncemlng the fomi and Gontent of 8ccounl$ $8t out In tho Chadll8s (Accounts and Reports) Regulaoons 2008 other than any requlrement that the accounts give a 'true ar)d fairf view which is not a matter considered as part of an independent examlnation. I have r*0 con¢ems and have come across no other matters in connection tha examinatlon to whlch attentton should be drawn in this roport In ord6r to enable a proper under8tandlng of the accounts to be reached. Signed.. Wllliam Moore FCA ICAEW Salnt & Co Chartered Accountants Unit 7b, Lakeland Business Park Cockermouth CA13 OQT Date: 31