THE PILLARS OF ST MICHAEL’S BETCHWORTH CIO
ANNUAL REPORT AND ACCOUNTS
FOR THE PERIOD FROM 6[TH] OCTOBER 2022 TO 29[TH] FEBRUARY 2024
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THE PILLARS OF ST MICHAEL’S BETCHWORTH CIO
REPORT OF THE TRUSTEES FOR THE PERIOD FROM 6[TH] OCTOBER 2022 TO 29[TH] FEBRUARY 2024
The Pillars of St Michael’s Betchworth ( the Pillars ) is a Charitable Incorporated Organisation and was registered with the Charity Commission of England and Wales on 6[th] October 2022. The Registered Charity Number is 1200594. The structure of the organisation and significant information is set out below: -
TRUSTEES
The first Charity Trustees of the Pillars were: -
David Arthur Rodin (Chair) Andrew Patrick Lynch (Treasurer) Johanna Maria Hamilton (Secretary) Pamela Armitage (PCC representative) Martin John Higgins Charles William Smith
The trustees form the Committee of the Pillars. At the first AGM of the Pillars on 29[th] April 2023, George Bird was also appointed to the Committee and served until he resigned on 4[th] December 2023.
OBJECTS AND POWERS
The objects of the Pillars are for the public benefit, the repair, maintenance, preservation, restoration, replacement, and improvement of the fabric of St. Michael’s Church, Betchworth and its churchyard, along with the monuments, fittings, fixtures, stained glass, furniture, ornaments, and chattels by making grants from the money collected to the St. Michael’s Betchworth Parochial Church Council (“the PCC”).
In furtherance of these objects but not otherwise, the trustees shall have power:
(1) to encourage people to become members of the pillars and pay the membership fee thereof;
(2) to raise money by any lawful means for the repair, maintenance, preservation, restoration, replacement and improvement of the fabric of St. Michael’s Church and its churchyard;
(3) to implement new ideas for community fundraising in support of the repair, maintenance, preservation, restoration, replacement and improvement of the fabric of St. Michael’s Church and its churchyard;
(4) to make grants from the money collected to the St. Michael’s Betchworth Parochial Church Council (“the PCC”) for the repair, maintenance, preservation, restoration, replacement and improvement of the fabric of St Michael’s Church and its churchyard following specific requests from the PCC Treasurer for assistance; and
(5) to collect and disseminate information and to raise awareness on all matters affecting these objects.
The Pillars will not raise money to fund any clergy costs or charitable giving by St. Michael’s Church .
The Pillars shall be independent of the PCC.
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THE PILLARS OF ST MICHAEL’S BETCHWORTH CIO
REPORT OF THE TRUSTEES (continued) FOR THE PERIOD FROM 6[TH] OCTOBER 2022 TO 29[TH] FEBRUARY 2024
MEMBERSHIP
Membership of the Pillars shall be open to all who are interested in furthering the work of the Pillars and who have paid the membership fee as determined by the Committee.
Honorary members may be appointed at the discretion of the Committee. Honorary members shall not be entitled to vote.
Every member over the age of 18 years, apart from Honorary Members, shall have one vote at all meetings.
The second Annual General Meeting of the Pillars will be held on 27[th] April 2024 in St Michael’s Church.
REVIEW OF ACHIEVEMENTS AND PERFORMANCE FOR THE PERIOD
The Pillars membership in the period generated subscription income of £1700 and received donations of £4,748.
It also ran four successful fundraising events, an evening with Alison Stedman and Michael Elwyn, raised a net profit of £2,381, a Stars in Your Eyes event raised a net profit of £3,481, a Carol Concert at Betchworth House raised a net profit of £1,137 and an Organ recital in the church raised £1,629.
FINANCIAL REVIEW
During the period, the Pillars received subscriptions from 47 members at the following subscription rates: Couples £40 – 28 Pillars
Single £25 – 16 Pillars Corporate £60 – 3 Pillars
The Pillars awarded a Grant of £5,000 to the St Michael’s Betchworth PCC fabric fund in the period.
FUTURE COMMITMENTS
There were no future commitments as at 29[th] February 2024.
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THE PILLARS OF ST MICHAEL’S BETCHWORTH CIO
RECEIPTS AND PAYMENTS ACCOUNT FOR THE PERIOD FROM 6[TH] OCTOBER 2022 TO 29[TH] FEBRUARY 2024
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2024
£
RECEIPTS
Income from Membership Subscriptions 1,700
Income from Donations 4,748
Income from Fundraising Events 12,920
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TOTAL RECEIPTS 19,368
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PAYMENTS
General Expenses 280
Grants to St Michael’s Betchworth PCC fabric fund 5,000
Expenses incurred on Fundraising Event 4,292
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TOTAL PAYMENTS 9,572
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Excess of Income over Expenditure for the period 9,796
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REPRESENTED BY:
MONETARY ASSETS
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Balance at Bank on 29 [th] February 2024 9,796
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The above accounts and report have been approved by the Trustees on 27[th] April 2024 and signed on their behalf by:
David Rodin …… David Rodin …… Chair
Andrew Lynch FCA …… Andrew Lynch ……Treasurer
Independent Accountants report
The above accounts have been prepared from the books and records of the Pillars and I hereby certify they are in accordance therewith.
Signed …… Chris Braidwood ..…. Mrs Chris Braidwood FCA
Date : 27[th] April 2024
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