The Friends of Ide Hill Church Profit and Loss 18/10/22 to 30/09/23
| Turnover | ||
|---|---|---|
| Donation | 10800.42 | |
| Fundraising | 7700.51 | |
| Subscription | 395.00 | |
| 18,895.93 | ||
| Expenditure | ||
| Repairs and Renewals | 0.00 | |
| Food/Drinks | -142.05 | |
| Computer | -17.49 | |
| Advertising | -68.60 | |
| Fundraising | -841.00 | |
| - | 1,069.14 |
|
| Retained Funds | 17,826.79 | |
| The Friends | of Ide Hill Church | |
| Balance Sheet as at 30th September 2023 | ||
| Assets | ||
| Assets | - | |
| Bank | 17,826.79 | |
| Debtors | ||
| Liabilities | ||
| Creditors | ||
| Suspense | - | |
| Net Worth | 17,827 | |
| Equity | ||
| Profit and Loss | 17,827 | |
| Retained Profit | ||
| Check | - |
04/02/2024
Page 1
Confidential
The Friends of Ide Hill Church AGM 15[th] February 2024 Chairman’s Report
This report covers the period from 1 October 2022 to 30 September 2023, and this is our first AGM since becoming a registered charity in October 2022.
Since our last AGM in 2023, one of our trustees, Dave Upton, resigned due to work and family commitments. I would like to thank all our current trustees, who remain the same as last year, for their incredible support and contribution to furthering the aims of The Friends. As a reminder, our strategic purpose still remains to strengthen the role of Ide Hill Church as an asset for the Church and the Community of Ide Hill.
Over the past year we held various events to raise funds and to raise awareness. In December 2022 we held our annual Christmas Tree Festival, auction and music evening and raised £3595. In April 2023 we held a barn dance in the Village Hall. The purpose of this event was to involve the community and to create awareness of The Friends. It was a huge success and children and grownups of all ages danced the evening away. Although not a fundraiser, we still made a profit of £150! In June we held a summer concert called The Celli Vecchi, which was the brainchild of Jennie Brown, who pulled together a quartet of professional cellists as well as local pianist Fiona Worthy. This evening of wonderful music raised a further £750 for the Friends.
Other events held fall into the next financial year, however I would like to mention the Great Ide Hill Bake off, which was organised by Sharon Taylor who gave so generously of her time. It was a resounding success!
We also received a very generous donation of £2000 from the Cross Campbell Charitable trust in memory of Angela Cross/Campbell and we will liaise with the Trustees to ensure that her memory is honoured.
Thanks must go to Treasurer Debbie Seaton, who has registered us with HMRC, enabling us to submit our first Gift Aid claim. I would also like to encourage you if not already done, to set up your £10 annual membership as a standing order as it is easier to track.
Now back to our strategy. Given our aim of ensuring that our church building is accessible to all, we are delighted to tell you that the preliminary plans have now been drawn up for an accessible toilet and a tea station. Progress on this is subject to DAC approval, and public consultation, which will take place once approval has been obtained from the Diocese and the budget approved by the PCC.
Thanks to the generosity of our members and supporters, we are in a strong financial position to start to apply for grants for our project, which
is aptly named “Project Flushing Hill”. As of 1 February 2024 we have £21 000 in our bank account. Our first invoice for Flushing Hill has come in for architect’s fees, and I would like to assure you, as members, that we have good governance in place around the paying of invoices.
We have created a stakeholder map in order to manage concerns and expectations around the proposed improvements to the building and once all the approvals mentioned have been obtained, we will start the communication process.
So, exciting times ahead!
I would like to close by thanking Lynette for her support – she came into the role of Priest-in-Charge when The Friends was already up and running and steaming ahead with events, and has placed her trust in us to do the right thing.
To you, the members, and all the involvement from the community, we appreciate it and cannot thank you enough.
We hope to see you all at our information and consultation meetings over the coming months.
Thank you
Lynne Rutherford Chairman