Market Overton Free Church CIO 1174840
Annual Report 2024
The trustees are: Peter Rush Tim Perkins Roy Palframan (Acting Trustee)
Correspondence address: The Croft, West End, Wymondham, LE14 2AX
Market Overton Free Church is an independent church affiliated to the Fellowship of Independent Evangelical Churches (FIEC). The church is governed by its Head, the Lord Jesus Christ, as he has made his will known in the Bible. Under his authority, the elders lead the church, which has a congregational form of church government. The number of members at the end of 2024 is 17. We have appointed Carl Meachem from a neighbouring church to assist with leadership.
Church activities Sunday morning meetings were held at Market Overton Village Hall throughout the year, with a regular congregation of around 50 people. We post recordings of the message on our YouTube channel. Sunday evening meetings were held in Edmondthorpe, except for a monthly all-age special service held in Market Overton. Thursday evening meetings were held in members’ homes. A monthly informal ladies’ gathering has continued throughout the year. Prayer meetings were held on a regular basis, some in person and some online. We have linked in with The Rural Project, which supports church work in rural communities. We also attended the East Midlands Churches Day event. A revitalisation working group has continued meeting, seeking ways to rebuild and grow the church.
Community activities. Our monthly coffee hour meetings in Market Overton and street evangelism in Oakham have continued through the year. We took part in the Market Overton Feast Weekend event in June. We held various events around Christmas, including an advent community craft event and carol singing round the village. Our ministry to schools continued with a Bible Times Exhibition in November, and our pastor’s regular assembly visits to 9 local primary schools.
Finances. The Lord has continued to provide for the financial needs of the church through the faithful giving of members and friends, and through grants from local Christian Trusts. A legacy gift of £23,301.11 has been vital in sustaining the work financially – we have drawn on this reserve at the rate of approximately £650 per month. During the year gifts have been made to UK missionary organisations working in the UK and abroad, amounting to £2604.00. Harvest gifts were sent to the local Oakham Food Bank and a special offering was made at our Christmas Day service for support of the Blytheswood Care charity.
The overall income for the year was £75338.84 and expenditure £47840.39. The year therefore ended with an overall surplus of £ 27498.45. With £ 5582.49 brought forward from 2023 our balance at the end of the year is £ 33080.94 for which we are grateful to God.
Market Overton Free Church CIO Charlty No. 1174840 Accounts l January 2024 to 31 December 2024 Recelpts 2024 2023 Payments 2024 2023 Balance brought forward from 2023: Treasurers Account Reseprfe Account Admin Safeguarding Copyright Llcence FI EC Donation Food/Catering Insurance Literature M15sionary Support Outreach Publicity Rent Equipment Speakers Others Employment Costs Conferencesnralning 780.28 694 50 93 500 126 266 112 1993 1665 133 2594 502,34 1881.28 5080.15 6504.28 12150.00 7810,00 34552.00 32977.53 23416,16 4983.59 0.00 237,09 97.00 600.00 14.31 286.92 49.54 2004.00 1934.73 103,83 2404.43 222.50 817.00 50.00 38263.85 212.00 Gifts Offerings Other income Gift Ald refund Interest {Treasurers Account) Interest IReserve Account) 4727.55 75.87 1220 50 38838 60 Balance to Carry Forward 33080.94 80921.33 80921.33 Summary Receipts in 2024 Payments in 2024 Surplus Balance brought forward from 2023 Balance to Carry Fonvard Current Assets Uoyds Treasurers Account Lloyds Business Savings Account (Reserve) Cash in hand 75338,84 47840.39 27498.45 5582,49 33080.94 463.70 32617.24 0.00 33080.94 % LOL
3 Ascendale Deeping St James PETERBOROUGH PE6 8NZ 01778 342699 or 07736 335234 paul.muldoon@btinternet.com Mr T R Palframan The Croft Rookery Lane WYMONDHAM LE14 2AX th 8 March 2025 Dear Roy Market Overton Free Church CIO l am pleased to confirm that I have examined the accounts and supporting documents relating to the church for the year ended 31 December 2024 and have found everything to be in order. l apologise for the delay for reasons of which you are well aware. With kind regards Paul Muldoon