New Connexions Free Church Trustees Report 1[st] July 2022 to 30[th] June 2023
Members Meetings
NCHB held _ trustees’ meetings 8[th] November 2022
NCHB held _ member’s meetings 20[th] November 2022
The focus of our meetings at the end of the 2022 was on the closing of our church. In the members meeting Russell asked if everyone was in agreement with the church being closed. Everyone agreed apart from one abstainer.
Worship Services
There will be a Christmas Carol service on the 18th December. Also a Christmas morning service.
On the 22nd January 2023 it is thought that we have a meal together at the end of the morning service.
On the 29th January 2023 it was felt fitting to invite people who have helped the church with preaching, supporting etc to the morning service and afterwards for cake and coffee.
Finances
In the members meeting Members were informed of the plans for the distribution of the church funds. Those being a) the building fund be given to Sierra Leone for the building of churches there. The general fund be distributed between the charities that are supported already by the church. These being Barnabas Aid, Christian Concern and Tearfund. Later was also added London City Mission. When asked for a show of hands to agree with this, everyone agreed apart from one abstainer.
New Connexions Free Church Ely - Registered Charity Number 1175900
Statement of Financial Activities. 1st July 2022 - 30th June 2023
| Unrestricted | Restricted | Endowment | Total | Prior year | |||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | total funds | |||
| Income and endowments from: | |||||||
| Donations and legacies | 0 | — | 0 | 483 | |||
| Income from charitable activities | 6,851 | 0 | — | 6,851 | 17,398 | ||
| Other trading activities | — | — | — | — | — | ||
| Investments | — | — | — | — | — | ||
| Other income | — | 0 | — | 0 | 42 | ||
| Total income | 6,851 | 0 | — | 6,851 | 17,923 | ||
| Expenditure on: | |||||||
| Expenditure on charitable activities | 3,650 | 500 | — | 4,150 | 8,754 | ||
| Other expenditure | — | 125 | — | 125 | 300 | ||
| Total expenditure | 3,650 | 625 | — | 4,275 | 9,054 | ||
| Net income / (expenditure) resources before transfer | 3,201 | -625 | — | 2,576 | 8,869 | ||
| Transfers | |||||||
| Gross transfers between funds - in | — | 625 | — | 625 | 2,841 | ||
| Gross transfers between funds - out | -625 | — | — | -625 | -2,841 | ||
| Other recognised gains / losses | |||||||
| Gains / losses on investment assets | — | — | — | — | — | ||
| Gains on revaluation, fixed assets, charity's own use | — | — | — | — | — | ||
| Net movement in funds | 2,576 | 0 | — | 2,576 | 8,869 | ||
| Reconciliation of funds | |||||||
| Total funds brought forward | 36,943 | 14,904 | — | 51,847 | 42,978 | ||
| Total funds carried forward | 39,518 | 14,904 | — | 54,423 | 51,847 |
Notes
Restricted other income shows credits from HMRC for tax refunds or employers allowance. This information is retained in the accounts for payroll purposes. Unrestricted Donations and legacies shows grants from Stewardship or Paypal Giving Fund.
Restricted other expenses shows payments made to non charitable organisations Fund transfer have dropped this year as we have funded a paster
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