Report of the Trustees and Financial Statements for the year ended 31st December 2023 Christchurch Wv¥'kV,chris-nhuh-cleved0n.Org.uk
Ecumenical Church Council of Christchurch Clevedon For the Year ended 31st December 2023 Contents Report of (he Trustees 3to7 Independen( Examiner's Report Sidiemeni of FinanLial Aciiviiies Balance Shcei io No(cs Iv AVUr.5
Ecumenical Church Council of Christchurch Clevedon Report of the Trustees For the Year ended 31st December 2023 The truiiee.¥ pre*ni their repon w'iih (he financial 5141emenls o(Ihe chariiy foT Ihe year ended 31 Decetnber •023. The Iru%t¢¢s hai'c advpied Ihe provisions of ih¢ C.harilics SORP IFIiS 1021 'Accouniing and Reporiing by Ch8Tiiies'. Siaiemeni of Recurntncnded Practice appliLable to chariiies prcparing Iheir a¢¢vunl.% in accvrdance wi¢h the Financial Rcpurting SiandJr(I appliLable in Ihe UK and Republic uf Jreland IFRS 10?} (effective l Jry 20191, 41nd the Finiin¢ial Repvrting Sikndard 102 'Thc Financial Rcp(Kiin8 Siandard appli¢able in Ihe UK and Republic of treland.. REFF.RF.NCE AND ADMINISTRATIVE DF.TAII_ ReAl£tred Chgrity number Thc Registered Chairty nutnber is 1171y)89. Principal 8ddre& Christchurch Highdalc Road Cle.eO BS21 TnLs¢ees Clergy Rcv C Jennings Re R Herbcn Ex-oificio Ex-olficio Rcv S Kirkham Ex-vfficio Resigtled 29112123 Wardens A Pelt J Ucmanus (hheT Trustee5 J d¢ Bvidc K 11)1]7¢1¢ Treasurer Director of Finance T Rukris J Balcombe D Clark J Kirkham Rcsigncd 14m5123 Rc%igned 14105123 Resigned 2911Y23 M Sviherland M Spink Appoin¢¢d 14105123 Independent Examlner Andrcw Jordan FCA Haincs Waii.% Chartered Aecourtlanls BJih Hwbe 6.8 Baih Sire¢i Brisiol BSI 6HL
Ecumenical Church Councll of Christchurch Clevedon Report of the Trustees For the Year ended 31st December 2023 STRUCTURE, GOVERT¥ANCE AND MANAGEMENT Governing docwllent The Struciure, Governance an<f Mana¥ement of the Ecumenica] Church Council of Christchurch Clevedon is as esublished by Ihe Conb(ItU(iun ddied 9 M4Ly 2018. Recruitment appnintment nf new trustees Tnisleeq 5Jre elected hy Ihp. mpmhpr£htp Ai ihp Annii#l fTeneral Meeting. IDduction aDd training fif new trustees The Church deals with lh¢ induciion dnd dInin¥ ol InJstee5 an ad hoc basis depending upon the experience aTrd requirements ol Ihe individual uustee. Many appoinrees are Irusiees of o(her organisations and will also have experience and Iraining with ihe uiher organisalion. Related pArlies Th¢ rrlu¢rd partlf3 Qf thc rhari¢y arc thc truslcc3 and closc family mcmbcrs. Risk m#n&grmenl The major risks. io which Ihe church is exposed. identified by m¢mb¢r.% from time 10 lime. have been rcvlewe& and, where appropriaie. sy%ieTn5 and proc¢dure% hav¢ b¢¢n csiabljshed io manage (hose risks. OBJECTtVES AND ACTIVITILS Significant activities Th¢ E¢uin¢nical Church Council of ChrishUrCh W4LS aLcepied ds d Regi%iered Chgrity with the Charities C.Iimtni.q%tnn 19 Sepletnher 2n1 A fnllnwing. Ihe AAI)piinn iifA fpbikell c-i)nsljliiliLin ilaled g MAY ?018 The purpose uf the charity 15 to adVce Ihe Chrisiian faiih in the area of benefit In dLtordance wilh the principles and practices of Ihe pdrtiLIPdling chuiche5. In achieving lis purpose. the charity engageg in a range of aciiviiies, either on ils own ur with others, including Ibui noi restricted 10).. the celebration of public worship.. the teachin¥ of (he Chrislian fdl(h: mission and evangelism.. pasioral work. ineluding vi.4iling the %ick 3nd Ihp hpre.Ave.d.. the provision of faciliiies wilh a Chri%lian ethos for th¢ local community: and the &uppvrt of v¢her Lharilie5 itl the UK aiid overseab. b} dl The irnsiee5 havc had regarij 10 Ihe Charity Commission'5 guidance on publjc benefii. Gry4ntnkIng The lhirl1), hds no fornidl txjlicy on the making of granis, ocher ihan Ihese require (he dpprovai of ihe full ECC before ihey can be made.
Ecumenical Church Council of Christchurch Clevedon Report of the Trustees For the Year ended 31st December 2023 ACHIEVEMENT AND PERFC)RMANCE Idin ¥fhievements of the Lharlty The ma2n achievem¢nts of the chariry during the year are 5umInarLsed within thc Rcp(Trrt of (he Clergy. FINANCIAL REVIEW Reserves poll¢y The ECC has ated ihai ihe Chariiy %hould budgei for retained re%erve% In Lhe (If£fiii.IK)(). At the year end Ihe general fund. excluding fixed a8s¢is and long rni reserves, slands d( £52,032 (2022.. £44,974), with a funh¢r L62,131112022- £89.IK)21 held in a designated fund and £15,756 12022.. £15,786) held in res(ricted reserves. Principal funding Sources D<i) Iv day funding of ¢h¢ Charity is by regular giving by th¢ members and oth¢r5 visiting the church. as well as the hiring ou[ olLhurch facilitie5. Funding for specific projects is received from a combinaiion of grants from various source.s and specifled donaiions from memtois. Funds held as custodian for others At the year end. the chariiy holds £5.20312022 - £5,203) on behr of the Clergy Benevolent Fund. These funds have been irtcluded as a creditor and do nol forni part of the nei assets of the charity.
Ecumenical Church Council of Christchurch Clevedon Report of the Trustees For the Year ended 31st December 2023 RECENT AND FUTURE DEVELOPMEwrs Reportfrom Clergy As o congregation we continue to gtve thL3nks ro Godfor ihe many way5 He hos led w and encLTruroged us over this pnsi )'ear. Our consregaiion grown and reiurned pre pandemic numbers. Ouryouih and children's ministry 15 well reJoutied and aliended both on Sunday5 and Fnid 'eek. Connection and minisiry within local schools coniinues to thrive in both primary and sec'ondary seiiings. Our TLG covrdinaior overse¢s our c?{.hIng ieam in primar), seltlllss and we give thanks rhai 2023 ihe iniroduciion of pupil L'huplains ai Si Nic.holaJ Chanlry Priinar) Sch(wl. Our)'ouih le&1 inpuis into the year 7 RS cilrriculum in oursecondory, setting a5 M'ell a5 a b'eekl}' drop in. Our Jouih church kn¢eis and cfjFtnecis 1tr.iih other youth leoderj (Ind )'oung people in the town IPJ all denoniinaiiun.s. In IlJ23 our Good Frid13J EcumeniLal gdihering and wiiness in ihe Éown c'enire iv'u3 led b). ottryoung people ond their leader5. lrt Ni)Lpémber 2Q23 we JaidlL7rewell i(p (purpi(PFreei' c'uroie in irainrng, Revd Suzy Kirkhuffi. who encomraged and empowered man}'pople ihrough her iTrnvvaliv¥ minisiri,. Thé Bereavemeni course. Griei'e WEII Cafe ond Living Dfe io ihe Full course5 haie connecied hjiih rhose ii'ho Tlfki have naiur¢711y been drawn lo connect i'ith a chmrch seiiirtg. We give ihanksfor these cortnections (7nd ihrough these cour.¥es some h&ye been cortnecred wirh Sunda) Church. m$d'ee Church, home grojws and engaged vvith the Alpha Course &ndArt} Questions. Pra)'er is ceniral to our life and ministr). and members of ihe chttrch now join wrth the core leam before rheir weekl) meeiinK every Tmesday morning. We also havE 11 ttiortthlv pr(3Jer8aihering ihat l.f well ¢7ttended L21ortg M'iih biHeekli' midweek worship conimtlnion. A gr0P of womenfroih ihe Lhmrch have also been gathering Jorpr(7Jer ill a l(pcal One Of the man}. now ihsgs rhoi has emerged ihrough our mission andpoflnral rare s.g o héfriending team. Thi5 IS being led and L'OLirdinated a member of ihe Church h'ho has professional experiertce in ihis area and new members of wgrg commissiond iyp Febn4ary ?n?4 We have pra}'erfvll}' ond straiegicall}' engaged wirh conipersatEOnS and a planned loss of one Meihodisi mtnisrer's po.fi M'iihin IhE Circuit and olso se¢ured ihe Artglic'dn Clergy posi oi ChrisichurchfollowiMg a reorgonization in ihe locol Dedrtery,. A5 & Lhurch we are now aJTiliaied io ihe EvaptgelicalAlliance.
Ecumenical Church Council of Christchurch Clevedon Report of the Trustees For the Year ended 31st December 2023 We ape entouragedihai Chrislchurch coniintses t(} suppori otsr ns'o LIg(?d C'hariiie.f and again memher.sfrnm our church visiied Ugunda and cottiinue io mainluirt ihiJ Viiul link and uwarene.Y.¥ ihai we value.¥0 ppruch. Ai Chri.>i¢'huTch w¥ ¥n¢iJi4ru¥¥ ¥V¥Ty m¥fflb¥r undrLmuin u c'hurch fJp¥n Iv LyuipyiN¥fur oulreuch, leadLr5hip and minis(ry. Eachyear WE have L7n inlL'rn Jvuih IL'ader in IrL7ininR will see boih our ordinoiids in iraiiiing ordtsined 2024. In fhe midpari of2024 we will see the reliremertt of our Anglican mirtister enCOnIer a lime ofvacan¢y. The 'ardens and core leadership leam iogeiher wilh ihe EC'C are preparing andpr'lgffoY m,hoaer Godi.% calling to 2(J?3.¥uw ci)n.fÈderable re.sloralive work io ihe vlJL)ppuri ufihe L.hurL'h iu uddress some areaf tsfdamp aKd lhe rdgL'urai£()n o]'Ih M'g)r.Ihip area. This M'ds ¢osili' aKdreqtsiredurgeni aiieuiilj. Our churchfacililies are ar1e1ve1V openfor eveKis such as Ihe Christmas ireefesltval. copjcerls. parties. ¢7rl group. demeKiia groups. liiflefish preschoolers. choirs. school,1 evenis. child conlaci centre alld cnmmulliti. wariJ*es.s meeiiKgs. C'hrlsiehurch is clearly knownfor serving oihers avdbeivg very ihe heari of our eomfftullity. A.1 Mje If)c)kf(>rwuvd wilh h()pe c(InJidenc'e in ihe xii.lpel we pro), Ihui ihe Hc)lJi,gpiril will conlinue lo encouragc, enihuse, and empÉpwer every member ofour church community bringing ihegood tsfJeJus io all Ihose (hai H'e conneLI wilh dav hy d,. ON BEHALF OFTHE BOARD.. Trngtee Dare..
Independent Examiner's Report to the Trustees of Christchurch Clevedon I report to the rharity truElees on my examination of the accounts of the charity for the year ended 31 DeceTnber 2023 which are sel out on pages 9 to 19. Responsibilities and basis of report As the charily'b In]s(ees you are respvnsible for the pieparaliort of (he accoun(s in accordance with the requiremenLs of the Chariiies Aci 2011 I'the Act.). I report in respeci of tny examiDaiion of the chariry's accounts carried out under section 145 of the Act and in ing oui my examination I have followed all the applicable Directions given by the Charity Commission under seetion 14515)Ibl of the Acl. Independent exaner,8 statement I have completed my examinaiion. I confim) ihai nv maieridl Thtiers have come io my alntion in connection with ihe examinaiion giving me ¢ause to believe that in an}. ma¢eTial respect- accountin% records were not kept in respect of the chariry as required by seciion 130 of the Aci- or 121 the 2ccnunls dn nnl accnrd with Ihnqe. _Car-, nr 131 Ihe accounts do not comply with (he applicable iequiremen(5 conceming the forni and conteni of acLounts set Oul in the Charitie5 (Accounts and Reports) ReglllatiOTLS 21X)8 other Ihan any Tequiremeni Ihai Ihe accounis give a 'tnJe and fair view. which is no( a matier considered as part of an independent examinaiion. I have no concems and have come acr055 no other [Ttter5 in connection with the examination to which Aiiention should be drawn in this repon in order io enable a proper undersranding of the accounts to be reached. Sigrt¢d.. Andrew Jordan FCA Haines Watts Charter¢d Accountants Baih Huuse. 6-8 Bath Sireei Biis((Trl BSI 6HL Dale.. 3r0 May 2Q24
Ecumenical Church Council of Christchurch Clevedon Statement of Financial Activities For the Year ended 31st December 2023 Unrestricted Fund5 Restricted Funds Total 2023 Funds 2022 Note INCOME AND ENDOWMENTS FROM.. DonÈtion3 and Le8a¢ie5 Investments Charitable activities Other 26 2b 2c 2d 182,404 1.847 38,208 1,735 12,398 ly4,2 1,847 38,208 1,735 175,510 77 29.636 6,144 TOTAL 224,194 12.398 236,592 211,367 EXPENDITURE ON.. Charitable activities Raising Fvnds Governance costs Finance costs 3a 3b 238,066 1,701 3.572 359 12.428 250,494 1.701 3,572 359 213,172 1,428 3,410 272 3d TOTAL 243.698 L2,428 256,126 218,282 NET INCOMEIIEXPENDITURE) 119,5041 1301 119,5341 16,9151 TOTAL FUNDS B/F lstJANUARY 2023 140,360 15,786 156,146 163,061 TOTAL FUNDS CIF 31st DECEMBER 2023 120,856 15,756 136,612 156,146
Ecumenical Church Council of Christchurch Clevedon Balance Sheet As at 31st December 2023 2023 2022 Note FIXED ASSETS Tangible assets 10.861 10.861 12,521 12,521 CURA£NT ASSETS Debtors Cash at bank and in hand 28,112 122,190 150,302 55,209 112,974 168,183 LIABIUTIES: AMOUNTS FAWNG DUE WITHIN OfrIE YEAR CdItorS Sub 3ccounts Loans due in less than I year 10,342 %.2nq 2,000 20,551 10,619 5.939 2,000 18.558 io NET CURRENT ASSETS I ILIABILITIESI 129,751 149.625 UABIUllES.. AMOUNTS FAWNG DUE AFTER MORE THAN ONE YEAR Loans due in more than l year io 4,)0 4,CQO 6,000 TOTAL NET ASSETS 136,612 156,146 FUNDS Unrestricted furgds Restricted funds li li 120.856 15,756 136,612 140,360 15,786 156,146 Approved by the Ecumenical Church Council and signed on its behall bv.. 2oi&r Trustee Date TrusteE Date -10
Ecumenical Church Council of Christchurch Clevedon Notes to the financlol statements For the Year ended 31st Oecember 2023 l AccouKfiNG POLIOES Basls ol preparlngtheflnandal ststemems Thp finHnriAI &ttp•t< th& chjrity. which is a public b•n•fit ontity und•r FRS lol. hav• pr•p4r•d in accofdance with the Charities SORP IF 1021'Accounting and Reporting by Chèritiès-. Stètement of Recommended Practice appllcèble to tharitie5 preparin8 their accounts in accordènce with the Financial Reporting Standard appliiable in the UK and Republic of Irelènd IFRS 1021 (effective l January 20191,, the Financial Reportin8 Standard 102 Yhe Financial Reporting Standèrd applicablo in the UK and Republi¢ of Ireland. and the Char1ties Act ZOII. The finat)clèl statements have trken prepared under the historical c05t convention. The financial statpments have bpen prepared to give a'true and falr, view and have departÈd from the Ch ities (Accounts and Reports) REÈulatlDn5 2CrtJ8 onlyto the extent required to provide a'twe and fair view, Thi5 departure has Involved followingAccounting and Reporting by Charities prepèrin8 their accounts In a¢tordance with the Financial Repjrtlng Standard applicable in the UK and Republic uf Ireland IFRS 1021 leffective l January 20191 rather than the Accountin8and RepcKting by Charities.. Statement of Recommended Prattite effertive frorn l Aprll 2005 whlch has Sil) been withdrawn. The financial staternents are prepared Sn sterlin& which is thefunctional currency of the company. Monetaryamounts in thesÈfinancial staternents are rotsnded to the nearest £. The accounts have been prepared thE a55Utnption thatthe charity 15 able to continve 35 a going concern. The trustees con&dpr that the charity ha5 sufficient cash reserves to continue as è 8Oln8 toncern for pprlnA nf at Ipa<t 1? months +rorh tho dato on which th•£• linanci31 st¥t•m•nt$ 3t• apprtrv*d. Funds Unrestrirted funds cornpri5e general funds and desi8natpd funds. Gener31 fvnds are used for ECC ordinary purposes. Designated fvnds ¢prnpri5e unrestricted funds that have been setawde by the trustees for particular purposes. Restricted funds reDresÈnt lal income from trusts or @ndowm@nts whlr.h may hp gXDpndpd nnly nn rhos res irted objects'provided in the terms of the trust or bequest, and Ibl donJtion5 or grants received for ificobjert or invited by the ECC for 3 spetilit object. The fund5 m3y only be expended on the specific object for which they were 8iven. Any balance remaining unspent at the end of each year must be carried reward 35 a balance on that fund. The ECC does not usually invest separatelyfor each fund, Where there 45 )eparate InvE5ttllEnt, Interp5t 15 appoTTioned ro Inaiviouai funas on an average Daiance Dasis. IncthSN¢ Resources Planned 8ivin& collectlons and dijnations are recognised when received. Tax refunds are recognlsed when the incoming resource to which they ielate is recpived. Grant5 3nd le8acie5 are accounted for when the ECC is legally entitled to the amounts due. Dwidends are accounted for when receivable. nterest Is accrued. Al other income is recoEnlsed when it is receivable. All incoming resources are accounted for gross. -li-
Ecumenlcal Church Councll of Chr5st¢hurch Clevedon
Notestothe finan¢lal Matements fortheVe•r ended 31$t Oe¢embeY 1023 l¢ont.I
Resourtes expended
Expenditure ha5 been accounted for on an accrua15 ba51$ Using natural expense cateBorips and has bpen
la5sified under headin8Sthat aggie83le all co%t5 related to that category. Grafjts and donètions are
accounted for when paid over, or ¥vhen awarded. if thai award creaies a bindin8 or con5¢ructive obligation
on Ihe ECC. The diocesan parish Share 15 Jccounted for when due. All other expenditure is generally
reco6ni5ed when it IS IDcufTcd and is a
Ecumenlcal Church Councll of Christchurch Clevedon Note5 to the fTrnancio1 stalementsfor theyear ended 31st December 2023 Icont.) 2 INCOME AND ENDOWMÈPITS FROM.. Unrestricted Fund5 Total 2023 Funds 2022 Funds an•lon3 and Lesades Planned 8lvin8'. White envelokS Yellow 8ift aid envelopes StaniJia8 ordefs Tax recoveraDie 250 105 113,029 136,241 IY,251 14,127 136,241 IY,1S1 14,127 10.216 iknnated serwces Legacies oihei donations GfaTht & fundirvd income 20) 10,579 2(M) 10,579 12,398 194,802 14.813 6,250 175,510 12,398 12,398 182,404 b Irwestments Interest recewable 1.847 1.847 1.847 1,847 77 77 Incomefrom charit•bl? 34.134 4.074 38,208 34.134 4.074 38,208 25.443 4.193 29,636 Feeg & Dther d Other Feed in Tariff- ectriCitY generation Sale of pews 735 1,000 1,735 735 1,000 1,73S 3,994 2,150 6,144 Totsl 124.194 12,398 236.592 211.367 3 EXPEIIDrruRE QN.. Unrestrftted Funds Restrlcted Funds Total 2023 Fund5 2022 Char*able Jctlvlttes Minisiry-. 63.609 S3,640 S,558 2,81£ 38,716 1.969 1,120 16,331 63.609 53,640 5,558 2.81 43,716 1.969 1,120 21,979 65,676 49,996 6,869 2,019 39,074 1.913 1,21S 16,567 Methodist assessmeni Benefice share & clergy expenses MIsonary and chariiabie 8ivin8 Youth and children'5 work Adult work Muslc Admin & PA Church runnin8 & malntenance.. RÈpairs and reneY4als Insurance 5.648 38,991 2,076 8,330 1,750 40,741 2,076 8.330 12,573 1,874 9,301 Miscellèneous.. IT c05tS Website & advertisin8 Sundry DeprecSatSon S65 794 679 2,478 979 213,172 1,257 373 2,804 1,257 373 30 CTIC 238,066 12,428 250,494 13-
Écumenltal Churth Coun¢ll ol Chrlstthurth Clevedon Notesto the flfianclal statements forthe Yearended 31st De¢ember20Z3 Icfrt.I Ralsln8fitnds CofFeetime 1,701 I,?oi I,?oi 1,701 1,428 1,428 Governan¢e costs Independeni examination Oonated ser5- accountancy 1,572 2,C#)O 3.572 1,572 1.410 3.572 3,410 d Flnamce Costs 8ink char8es Interest on Diocesan loHn 129 230 3S9 129 230 359 lis 157 272 TOTALRESOURCES EXPEWLIED 243.698 12.428 256.126 218.282 4 STAFF COSTS Durin8 the ye3rthe Church had a total of four paid 5taff12022'. 41. TheTLG role is pèrt financed by grant income of £S.OLh)12022". £5.rN))l. whilst GVMCalso iontribute rouBhly SO% of the PA Admin'5 wa8es worth E5,64812022'. £4,576). Thp rpmèinder of stbmcosts are met from general n&5, 5upplemeTrted by ad-ho specified donaiiGnS. 5pllt of wa8es ¢05tS 2023 2022 Wa8P5 and salaries Othef penslon costs Total wè8es 47.898 7LS 48,613 44,287 538 44,825 The average number of staff woikin8 for the tharity durin8 the yearwas 4 enOyees12022.. 4 efflplgyeesl. No efflployee5 received emolument5 in exces5 of £fo.riyJ. Donated ioods, seThltesand¢acllltles Uurin8 ihe year. Ihe CnurcTh has tsenefllied from numerous serwces prowded byvdunteer5 covErin8 areas Such as children's and youth ¥voFk. and all areas of ministry. Further services have been provide¢J in the frjrm of 3S515tanEe with maintenancè. ftnanc@ and admlnlsiratlon. 11 Is not pokslble to measurethe financial benefit of such 5ervice5 inthe account5. Duringthe year, a number ofsupplies have been donaied ro further the mlnlstry of the church. It ha5 not been possible to value the good5 donated and theirustees do not believe Ihe total lue Is material 10 the flnandal statement& uonared sewes rectfvtd Duringtheye3r, the church ha5 reco8ni5ed the fairvalue of the donation of accountanry geIc@s as approximately £2.oI2022.. £2.C#JOI and has ret08ni this under other dDnations and chèritable artivitv 14-
Ecumenlcal Church Councll of Chrlst¢hurth Clevedon Note5 to theflr*an¢lal rtaternent5 torthe Year ended 31st December2023 Icont.I S STATEMENT OF FIWAWCIALACTIVITYICOMPARATIVEI 2022 SOFA Restricted Funds Unrestricted Fund5 2022 INCOME AND ENDOWMENTS FROM.. Donations and Legacie5 Investments 1?0,510 77 29.636 6.144 175.510 77 29.636 6,144 other TOTAL 206.367 S,C#JO 211,367 EXPENDITURE ON.. 212.180 1,428 3,410 272 992 213,172 1,428 3.410 272 GernanCe costs Flnancé costg TOTAL 217,290 992 218.282 NET INCOMEIIEXPENDITUREI 110,9231 4,(K)8 16,9151 TOTAL FUNDS BIF IstJANUARY 2022 151,283 11,778 163.061 TOTAL FUNDS CIF 31st DECEMBER 2022 140.360 15.786 156.146 6 FIXEDASSErs Fixed 355etS C05ting over £3C#J will be tapitali5vd and depreciated in accoidance wlih the 51ated Fixture5 & Othe Eqvipmenr Total Cost blf Additions Oispos81s Cost clf 32.118 65.658 674 97,776 674 32,118 66,332 98,4SO Accvmulated Deprecia[n blf Charge for Year Eliminated on disp05als Accumul3tÈd Depreciation df 24.180 1.191 61,075 1.143 85,255 2.334 25,371 62,218 87.589 Net booklue blf 7,938 4.583 12.521 Net bookvalue 6.747 4.114 LO.861 7 Of8TOR5 2023 2022 Tèx retoverable (Accrued Incomel Church or88n 5tle proceed5 balance (Accrued Incomel Fire Jlarm mainrenance contrart CCLIIPRS music licence5 Purchases refunded after-daie Prepaid advertlsing cost5 Prepald copier tharges 19,376 46,584 96 891 396 692 271 6.390 28.112 92 823 692 245 5.774 55.209 15-
EcLFmÈnlcal Church Councll of Chrlstchurch Clevedon Notesio thefinancial Statements forthe Year ended 315t December 2023 Icont.I 11 FLINDS The restricted funds comprise the continuation of thÈTrainÈt Family tsordinator Fund, the Early Inteiven(itrn Group, the8r4nt-funded Cycle Rack and anYdOnatnS received lara &pEcific purp05e or cause. UnrestTlCted Funds encompass all othey on8oin8 thuTch artivite5 and are not separated inio further sub. categories. Rellrfrted Fund Movempnts Af oi.ok.23 Incomlng ie50urces Resources expended At 31.12.23 TLGIEIG Fund Speclfic Donations GVMC laryclr1btI0n5 Cycle Rark Total Restrirted Fd$ 13.643 1,946 s.orp) 1,7SO 5,648 15.C¥JOI 13,643 1,946 15,6481 197 15.786 167 15.7S6 12.398 112.4281 At 01.01.22 Incoming resources Resources expended At 31.12.22 TLGtsI6 Fund Specific Donatiuns Cycle Rack Total Restricted Funds 19571 13,64J 1,946 197 15.786 1,946 232 11.778 TWIEIQ This restrlcted fund represents donations and granrs reived in respett of our parinershipwith iansformlng Lives for GoDd' This covers cost5 incurred in rrainlng a rearn ro work In local schools. Durlng the period, 8rants of £5,0(K)12022.' ES,WOI were recÈi¥ed towards this Initiative. GVMCSalary(onirfbk)ns This restricted fund represents contribuiions made by Gordano Vall Methodist Church IGVMCI In Cy(le ratk Thi5 restricted fund refectsthe rycle rack net book vèlue. 5pe<Ofk Fyii This restrieted lund rppresents donations received for speclfic causes. Dpsl8n¥ted lund5- C*Jtreach This fund is used for outreaih project5 and 15 beinR used t05UDWrtthe Yourh Wother and anvorher projÈrt approved by the Try5tees. Restrftted Funds approath Expenditure Incurred over and abDve funded amount5 Is treated asa cost to Unrestrirted fvnds. 17-
Ecumenical Churth Coundl ot Chrlstchurch Clevedon Noiesioihe financlal statementsforthe Year ended 31st December2023 Icont.) Unrestrfrted Fund Movemènts At 01.OL.23 Incomin8 reseurtes Reu[ce$ expended At 31.12.23 General Funds Desi8nated Funds- Outreach Total Unrestrlcied Funds 78,230 62,130 140.350 224,194 1243,6981 58,726 62,130 120.856 224.194 1243.6981 At 01.01.22 Incoming resource5 Re50Ufces expended At 31.12.22 General Funds DE8nated Funds Total Unrestricted Funds 62,221 89.062 151,283 206,367 1190,3581 78,230 62.130 140,360 206,367 1217,29)) Anatysls of net a55ets btheen fvnds 2023 Designated Dd5 General fuThJ Restricted fvDds To1 Fk¥ed assets Cash and cuirent investments 10,694 44.471 7,561 167 15,589 10.861 122.190 7.561 14,00)) 62.130 clyd1t5 tnuie Lhdn une yvdr 58.7Z6 62,130 15,756 136,612 Anal¥sls of a55ets beMen fvnds Iprlor year) 2022 Desl8nated funds General fijnd Restrlcted funds Total Fixed 8s5ets Cash and current investments Other current a55e1511iabiliiies Creditors morethan one ypar 12.324 30,718 14.256 16,0001 197 IS.S89 12,521 112,974 36,651 16,0(KJl 66.667 22,395 Sl,298 89,062 15,786 LS6,146 De81)ated Ful5 are made up of It8acy Inc(le reGeiwed durS118 2021. The5efund5 have been de516naEed for expenditUTe on Outreach prograffl 12 RELATED pAArY DISCLOSURES APID TRUSTEE EXPENSES J Mcmanus. è trustee. was paid by Christchurch dlrertlyt0full a FacIlit5 6ookiTr8 role, for whlch she received remuneraiioD of £7,33512022'. £6,929). Thiswa5 made up entirely of b3SIC Wages without further pension paymeni5. There have been no fvrther payments of expensesto Trustees during theyear otherthan thediiect reimburwnent ol exptndTrtvr¢ ne¢es)g¢ily in¢yrred fejpcrt tsf Chri>t¢hyr¢h. Ple•se r1¢ thai the Methodist Minister's expense5 ale paid by the Gordano Methodi5r Circuit. Do0aOnstrOrn Related Partles Durin8 the yeBrthe trustees were responsible fcK donations received foialling E25.17012022.. f 21,1201. These amountsare included within Note 2a 'Oonations and Le8acies Income above. In addlon iothis. the spouse of theTrustee, J Mcmanus, donated Accounianry5erylces vl? h15companv* Mcmanus William5. wirh an estimated value of £2.(l2022." £2.(IJOI. -18-