The Church In Wheatley Receipts and payments account for period 1 January 2024 to 31 December 2024
| £ 9,154.00 4,357.69 60.00 3,646.92 17,218.61 5,666.60 4,226.91 1,439.69 366.09 67.79 0.00 550.09 482.30 0.00 327.00 130.00 0.00 250.00 28.06 23,096.76 3,239.37 26,336.13 2023 |
£ 9,154.00 4,357.69 60.00 3,646.92 17,218.61 5,666.60 4,226.91 1,439.69 366.09 67.79 0.00 550.09 482.30 0.00 327.00 130.00 0.00 250.00 28.06 23,096.76 3,239.37 26,336.13 2023 |
Receipts Voluntary Receipts Planned Giving Gift Aided SO Income tax reclaimed SO Plate Collections Fund Raising Events Less event Costs Sundry donations Other Ordinary Receipts Bank and deposit interest received National Savings and Investments TransaveUK Central Finance Board Methodist Church Cash bf from 2023 Book Sales Receipts from other parishes for Paschal Candles Fees paid to CIW acting as PCC Lettings Methodist Pension Fund Loan Repayment Southwell & Nottm DBF Energy Payment Methodist Insurance refund Excess of payments over receipts 2023 |
£ £ 9,104.00 3,710.86 90.00 2,270.80 15,175.66 5,457.95 1,631.78 3,826.17 2,724.72 76.99 148.02 575.28 800.29 75.00 5.00 51.54 361.00 0.00 7,347.34 0.00 0.00 30,366.72 2024 |
£ £ 570.97 17.14 1,718.95 1,464.56 3,183.51 1,986.20 38.71 2,024.91 188.62 0.00 188.62 234.00 132.00 1,039.44 40.00 9,642.60 4,734.00 1,663.92 1,000.00 1,901.23 26,372.34 2023 |
£ £ 570.97 17.14 1,718.95 1,464.56 3,183.51 1,986.20 38.71 2,024.91 188.62 0.00 188.62 234.00 132.00 1,039.44 40.00 9,642.60 4,734.00 1,663.92 1,000.00 1,901.23 26,372.34 2023 |
Payments £ £ The Ministry working expenses 1,042.74 Junior Church 0.00 The Buildings and services Heating and lighting Church 2,174.73 Chapel 0.00 2,174.73 Insurance Church 2,033.39 Chapel 0.00 2,033.39 Water (Church only) Church 70.26 Repairs and maintenance Church 2,196.00 Chapel 0.00 2,196.00 Chapel Grounds expenses 18.00 Upkeep of services 186.00 Other salaries 500.48 Leaving gifts 55.00 Payments outside the Parish Parish Share 9,279.48 Chapel Assessment 4,734.00 Donations made 336.41 The Church in The Levertons 0.00 Other Ordinary Payments 487.95 23,114.44 Excess of receipts over payments 2024 7,252.28 30,366.72 2024 |
Payments £ £ The Ministry working expenses 1,042.74 Junior Church 0.00 The Buildings and services Heating and lighting Church 2,174.73 Chapel 0.00 2,174.73 Insurance Church 2,033.39 Chapel 0.00 2,033.39 Water (Church only) Church 70.26 Repairs and maintenance Church 2,196.00 Chapel 0.00 2,196.00 Chapel Grounds expenses 18.00 Upkeep of services 186.00 Other salaries 500.48 Leaving gifts 55.00 Payments outside the Parish Parish Share 9,279.48 Chapel Assessment 4,734.00 Donations made 336.41 The Church in The Levertons 0.00 Other Ordinary Payments 487.95 23,114.44 Excess of receipts over payments 2024 7,252.28 30,366.72 2024 |
Payments £ £ The Ministry working expenses 1,042.74 Junior Church 0.00 The Buildings and services Heating and lighting Church 2,174.73 Chapel 0.00 2,174.73 Insurance Church 2,033.39 Chapel 0.00 2,033.39 Water (Church only) Church 70.26 Repairs and maintenance Church 2,196.00 Chapel 0.00 2,196.00 Chapel Grounds expenses 18.00 Upkeep of services 186.00 Other salaries 500.48 Leaving gifts 55.00 Payments outside the Parish Parish Share 9,279.48 Chapel Assessment 4,734.00 Donations made 336.41 The Church in The Levertons 0.00 Other Ordinary Payments 487.95 23,114.44 Excess of receipts over payments 2024 7,252.28 30,366.72 2024 |
|---|---|---|---|---|---|---|---|---|
| 17,218.61 4,226.91 366.09 550.09 0.00 327.00 130.00 0.00 250.00 28.06 |
||||||||
| 1,986.20 38.71 |
||||||||
| 188.62 0.00 |
||||||||
| 67.79 0.00 482.30 |
76.99 148.02 575.28 |
|||||||
| 23,114.44 7,252.28 |
||||||||
| 23,096.76 3,239.37 |
||||||||
| 26,336.13 | 26,372.34 | 30,366.72 |
The Church In Wheatley Balance Sheet at 31 December 2024
| 2023 13,456.67 7,677.44 11,287.99 4,033.41 75.00 36,530.51 39,802.13 23,096.76 (26,336.13) (32.25) (3,271.62) |
ASSETS TransaveUK National Savings Bank - investment account Central Finance Board Methodist Church Virgin Money - current account Cash in Hand Sundry Debtor Sundry Creditor Represented by GENERAL ACCOUNT Balance at 1 January Receipts for the year Payments for the year Less Shortfall on estimate of 2022 Sundry Debtor Less Cash in Hand 1 Jan 24 paid to bank Movement for the year Balance at 31 December |
2024 13,604.69 7,754.43 11,863.27 10,484.04 0.00 208.00 (206.64) 43,707.79 36,530.51 30,366.72 (23,114.44) 0.00 (75.00) 7,177.28 |
2024 13,604.69 7,754.43 11,863.27 10,484.04 0.00 208.00 (206.64) |
|---|---|---|---|
| 43,707.79 | |||
| 36,530.51 | 43,707.79 |
NORTH WHEATLEY CHANCEL FUND (restricted fund)
The PCC has responsibility for a fund whose income is restricted to keeping the chancel of the church wind and weather proof. The fund is administered by the Southwell & Nottingham Diocesan Board of Finance
| 2023 334.71 31.50 366.21 76.59 12.59 89.18 0.00 89.18 2,342.49 815.00 0.00 0.00 25.00 0.00 404.42 640.00 4,226.91 |
CAPITAL FUND Balance at 1 January 16.20 CBF Investment Fund shares Increase/(decrease) in value of investments Balance at 31 December 16.20 CBF Investment Fund shares at market value INCOME FUND Balance at 1 January Central Board of Finance of the Church of England: deposit account Interest earned for the year Less: Management fees Balance at 31 December 2024 Fundraising Activities Including Sale of Chapel Furnishings (nett of Gift Aid and GASDS) |
2024 366.21 8.38 |
|---|---|---|
| 374.59 | ||
| 89.18 15.00 |
||
| 104.18 0.00 |
||
| 104.18 | ||
| 2,103.96 10.38 390.00 208.00 0.00 179.39 349.52 584.92 |
||
Take Away Lunches Sale of Chapel furniture and fixtures Sanderson Barbeque Ride and Stride Prize From Notts Historic Churches Fund Photo Competition Pilgrims and Prophets Visits 5 & 12 Oct Maltby Brass Band Concert Christmas Raffle |
||
| 3,826.17 |
Independent Examiner's Report for the year ended 31 December 2024 to the Board of The Church in Wheatley
This report on the financial statements of the Church in Wheatley for the year ended 31 December 2024, which comprise the Statement of Financial Activities, the Balance Sheet and related notes, is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 (“The Regulations”) and
This report is made solely to the Church in Wheatley in accordance with section 43 of the Charities Act 1993. My work has been undertaken so that I might state to the The Church in Wheatley those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the The Church in Wheatley for my
Respective responsibilities of the The Church in Wheatley and examiner
As members of the The Church in Wheatley you are responsible for the preparation of the financial statements; you consider that the audit requirement of the Regulations and section 43(2) of the Act do not apply.
It is my responsibility:
o To examine the financial statements (under section 43(3)(a) of the 1993 Act);
o To follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 43(7)(b)of the 1993 Act; and
To state whether particular matters have come to my attention.
Basis of this report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners under section 43(7)(b) of the Act and to be found in the Church guidance, 2006 edition, issued by the Finance Division of the Archbishops’ Council. That examination includes a review of the accounting records kept by the Church in Wheatley and a comparison of the financial statements presented with those records. It also includes a consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements To keep accounting records in accordance with section 41 of the 1993 Act; and
To prepare financial statements which accord with the accounting records and comply with the accounting requirements of the 1993 Act and the Regulations have not been met, or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts
Peter Jordan FCA Mattersey 18 March 2025
CHURCH IN WHEATLEY FINANCE REPORT
The Church in Wheatley finances enjoyed a boost of over £7,000 in 2024 due to the Methodist Pension Reserve Fund becoming able to return with interest the money given to it in 2021. When allowance is made for this windfall the Church in Wheatley made a small trading loss of £95.06 in 2024. Our planned giving and fundraising were lower than in 2023 but donations, including a donation to fund the replacement of some radiators, were up. Our income from deposits is increasing, but when we allow for the fact that we no longer spend on the Chapel building the outlook for 2025 is rather tight.