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2024-03-31-accounts

THE KING’S CROSS CHURCH AND JUNCTION, HEXTHORPE:

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2024

THE KING’S CROSS CHURCH AND JUNCTION

HEXTHORPE, DONCASTER

Registered Charity Number 1202060

TRUSTEES’ REPORT

31[ST] MARCH 2024

Contents

THE KING’S CROSS CHURCH AND JUNCTION ................................................................ 1 HEXTHORPE, DONCASTER .................................................................................................. 1 TRUSTEES’ REPORT .............................................................................................................. 1 Reference and Administrative details ........................................................................................ 2 Trustees and Principal Officers .......................................................................................... 2 Structure, Governance and Management ................................................................................... 3 Objectives and Activities ........................................................................................................... 4 Achievements and Performance ................................................................................................. 5 Financial Review ........................................................................................................................ 6 Plans for the Future Period ......................................................................................................... 6 The Trustees’ responsibilities concerning the financial statements ........................................ 6-7

1

THE KING’S CROSS CHURCH AND JUNCTION, HEXTHORPE:

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2024

The Trustees present their report together with the financial statements for the period ended the 31st of March 2024

Reference and Administrative details

Charity Number

1202060

Trustees and Principal Officers

Richard Iball Chairman Anne Dyer Secretary Oliver Craven Arman Gharmari Dan Smith Lynn Peterson Allan Wiltshire Helen Wiltshire

Secretary and Principal address

Dr Anne E. Dyer The King’s Cross Church and Junction, Urban Rd, Hexthorpe, Doncaster DN4 0EP Correspondence via Home address 39 Springwell Gardens, Doncaster, DN4 9AH

Treasurer team

Oliver Craven, Anne Dyer, Daniel Smith and Allan Wiltshire

Independent Examiner

C.G. Walker 24, Woodsett Walk, Conisbrough, Doncaster. DN12 3BH

Bankers

Cooperative Bank plc, 1 Balloon Street, Manchester M4 4BE

Solicitor

None appointed

2

THE KING’S CROSS CHURCH AND JUNCTION, HEXTHORPE:

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2024

Structure, Governance and Management

Constitution

The King’s Cross Church and Junction, Hexthorpe, Doncaster was formed as a Charitable Incorporated Organisation (“the CIO”) which has been an independent charity since March 2023 with a growing affiliation with the Free Methodist Church, UK.

The constitution was last amended on August 10[th] , 2023.

Recruitment and appointment of trustees

Trustees are appointed or removed and replaced from existing members by a resolution passed at the Annual Church meeting.

There is no formal induction and training of Trustees. The current trustees have a range of professional skills and knowledge which is appropriate to their role.

Organisational Structure and Management

The Church Leadership Team exercises spiritual oversight and day-to-day management of the practical affairs. They report to the properly constituted Member’s meeting.

The building is licensed from the British Methodist Church (BMC). All other belongings held by the charity are held in trust by the designated Trustees who are also responsible (on behalf of the church members) for any transactions involving the church's finances, including the employment of staff. For May 23March 24 we had two employees at 9 hours a week, a cleaner for 8 hours a week. We also contributed to the work of the Farsi-speaking congregation’s leader through the BMC.

Risk management

The Trustees and extended Leadership team recognise the need for effective management for the key risks faced by the charity. The types of risks which the charity faces are identified, reviewed and prioritised in terms of potential impact and likelihood of occurrence. The appropriateness and adequacy of internal controls and identification of any further actions required to mitigate the key risks identified are also part of the overall risk management process. Key financial systems are periodically considered separately. Internal risks are minimised by the implementation of procedures for authorisation of all transactions and to ensure consistent quality of delivery for all operational aspects of the charity.

Safeguarding

Every person has value and dignity which comes directly from the creation of male and female in God’s own image and likeness. Christians see this potential as fulfilled by God’s re-creation of us in Christ. Among other things, this implies a duty to value all people as bearing the image of God and therefore to protect them from harm.

The Charity outlines commitment to the following principles:

3

THE KING’S CROSS CHURCH AND JUNCTION, HEXTHORPE:

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2024

Safeguarding (Continued)

The Charity commits itself to ensuring the implementation of the Free Methodists’ Safeguarding Policy, government legislation, guidance and safe practice within the church.

The Charity commits itself to the provision of support, advice and training for lay people that will ensure people are clear and confident about their roles and responsibilities in safeguarding and promoting the welfare of children and adults who may be vulnerable.

Objectives and Activities

Objects

From the constitution

To advance the Christian religion in Hexthorpe, Doncaster and the surrounding area for the benefit of the public through such activities as the holding of worship services, providing support and relief to persons who are in conditions of need or hardship, co-operating with other organisations which include/promote Christian worship, according to the Evangelical faith, to enlighten others about the Christian Religion.

Activities

From the constitution: -

For the benefit of the public, there will be worship services, teaching sessions for all, children and seniors' work, public celebration of Christian festivals, prayer, and outreach by distributing literature on the Christian faith. To assist this working through our Drop-in centre, the Junction, we seek to help in the relief of needy persons.

4

THE KING’S CROSS CHURCH AND JUNCTION, HEXTHORPE:

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2024

Voluntary help and gifts in kind

Many volunteers are needed for our many community and church services. They function as children’s workers, organisers of adult and seniors’ activities, administrators, treasurers, We will lose one employee due to a grant finishing by May 2024.

Public benefit

In reviewing the overall aim and the objectives of the Charity, and in exercising their powers and duties, the Trustees have had due regard for the Charity Commission’s public benefit guidance. The activities of The King’s Cross Church and Junction are carried out to further its charitable purpose for the public benefit as summarised in the section 'Activities' (above) and highlighted in the following section on the listing of 'Achievements and Performance'.

Achievements and Performance

Achievements and performance during the year

Worship and Prayer

Attendance: Over the past 10 months we have grown in attendance. For full members over 3 congregations (morning, afternoon and evening) we have around 80 though some are unable to attend regularly due to age and infirmity. Our Farsi congregation (afternoon) had around 20 members. A few have joined us in recent months.

The Church Centre

The use of the 2 buildings we occupy has been re-developing since Covid’s restrictions beyond worship services, kids’ or the outreaches for adults. As of 1June 2023 we have licensed the site from the British Methodists.

Pastoral Care

We have midweek groups and ‘classes’ that have leaders who often coincide with the role of Pastoral Visitor although there are non-group leaders who are Pastoral Visitors too. During the year we appointed a new part-time pastor to commence his duties as of mid-May 24, 2024.

.

Mission and evangelism

We have always kept to our Church Tagline- Making Jesus Known throughout all our activities from worship services to community visiting homes, shops… our Children’s through Seniors’ work focus often on why Jesus is important to us while serving the needs of the poor as best we can.

Community work: -

We host community activities for many groups within our Community Building the Crossing. This has included for 2023-2024:

Also we commenced taking monthly services at the nearby Senior Residential home.

Ecumenical relationships

These are growing again, and several members have been attending 2 networks locally.

5

THE KING’S CROSS CHURCH AND JUNCTION, HEXTHORPE:

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2024

Financial Review

Continued giving by the committed members of their Church has enabled the church to continue meeting its charitable objectives. We have had continued supporting grants as noted below.

General perspective

Due to our grant and media employee’s work, we can be thankful for funds rising/ falling and breaking even and grants that have been applied for have been gained.

Transfers

Due to the closure of the previous charity’s bank account (1139478) its transfers together with all future transactions are now going into the current Charity’s bank account with the Cooperative bank while the Junction Account (HSBC) will continue to function for community work under the current charity.

Details of all Income and Expenditure are in the following inspected Accounts.

Reserves Policy

We maintain 3 months’ worth of our expenditure probabilities as reserves. It is the policy of the Charity to maintain unrestricted funds which are the free reserves of the charity at a level which equates to approximately three months expenditure. This provides sufficient funds to maintain the work of the Charity.

Plans for the Future Period

We intend to continue to hold Sunday Services, mid-week Fellowship meetings, and times of prayer. We are intending to continue our growing affiliation with the Free Methodist Church network in the UK.

All existing clubs and activities are planned to continue. Further evangelistic outreach is planned; this will include the distribution of literature and invitations to meetings.

The Church will continue to support other charities and outreach activities, in this country and overseas, by prayer, financial donation and practical support.

The Church continues to recognise the role of the Trustees in the life of the Church.

The review for safeguarding arrangements for children and vulnerable adults is ongoing.

The Trustees’ responsibilities concerning the financial statements

The Trustees are responsible for preparing financial statements for each financial period, which give a true and fair view of the state of affairs of the Charity and of the surplus or deficit for that period. In preparing those financial statements, the Trustees are required to:

6

THE KING’S CROSS CHURCH AND JUNCTION, HEXTHORPE:

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2024

The Trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy at any time, the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charities: Statement of Recommended Practice 2015 as applicable to the Financial Reporting Standard (FRSSE) 2015.

They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Secretary Dr Anne E Dyer Chair Mr Richard J Iball Dated: 5[th] November 2024

7

THE KING’S CROSS CHURCH AND JUNCTION

HEXTHORPE

INDEPENDENT EXAMINER’S REPORT

AND

FINANCIAL STATEMENTS

31[ST] MARCH 2024

Registered Charity Number 1202060

THE KING’S CROSS CHURCH AND JUNCTION HEXTHORPE

INDEPENDENT EXAMINER’S REPORT

AND

FINANCIAL STATEMENTS

31[ST] MARCH 2024

CONTENTS PAGE
Report of the Independent Examiner 1
Receipts and Payments Account 2
Statement of Assets and Liabilities 3
Notes to the Accounts 4

THE KING’S CROSS CHURCH AND JUNCTION, HEXTHORPE REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF DONCASTER EVANGELICAL CHURCH

I report on the accounts of The King’s Cross Church and Junction, Hexthorpe, for the period ended 31[st] March 2024, which are set out on pages

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charity’s Act)) and that an independent examination is needed.

It is my responsibility to:

Basis of Independent Examiner’s Report

My examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

Signed: Catherine Gillian Walker Address: 24, Woodsett Walk, Conisbrough, Doncaster, DN12 3BH.

Date: November 6[th] , 2024

1

THE KING’S CROSS CHURCH AND JUNCTION, HEXTHORPE

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31[ST] MARCH 2024

Unrestricted **Restricted Endowment ** **Restricted Endowment ** Total
Fund Fund Fund Funds
2024
Note
£
£ £ £
Deeds of covenant / gift aid 16,380 55,693 - 72,073
Small Donations - GASDS 1 7,751 700 - 8,451
Other offerings and gifts 13,903 12,919 - 26,822
Income tax recovered 3,447 16,122 - 19,569
Grants from other organisations - 30,889 - 30,889
Repayment of salary overpayment 270 - - 270
Property income 2 546 9,029 - 9,575
Bank Interest 59 - - 59
Miscellaneous 1,830 - - 1,830
Sub Total (Gross income for Year) 44,186 125,352 - 169,538
Asset sales 3 - 30,000 - 30,000
Transfers between funds 4 105,878 (105,878) - -
TOTAL RECEIPTS 150,064 49,474 - 199,538
PAYMENTS
Salaries: ICF - 5,943 - 5,943
Junction Manager - 5,426 - 5,426
Administration - 5,168 - 5,168
Stewardship fees 517 - - 517
Pulpit supply 770 - - 770
Community Work - LWWL - 3,616 - 3,616
Outreach 467 17 - 484
Bible Teaching Day (Word +year) 275 - - 275
Family Worker - 817 - 817
Community Hub - 10,335 - 10,335
Innovation 1,221 - 1,221
Bibles and Hymn Books 411 - - 411
Purchase of IT equipment 146 - - 146
Printing and publicity 124 700 - 824
Photocopying contract 648 - - 648
Accountancy charges 350 - - 350
CCL copyright licence 851 - - 851
Sundry expenses 535 200 - 735
Light and heat 6,242 6,564 - 12,806
Telephone & Broadband 1,744 1,320 - 3,064
Water 1,051 905 - 1,956
Cleaning and maintenance 3,753 - - 3,753
Bank Charges - 120 - 120
Building Maintenance 1,632 2,969 - 4,601
Methodist Lease 5 14,719 - - 14,719
Doncaster Metropolitan Borough Council: - 1,470 - 1,470
Council Tax - 1,002 - 1,002
Hire of equipment - 264 - 264
Donation to external organisations 200 - - 200
Donations and grants to other Christian work 2,898 - - 2,898
Sub Total (Gross expenditure for Year) 37,333 48,057 - 85,390
Asset and Investment purchases 802 - - 802
TOTAL PAYMENTS 38,135 48,057 - 86,192
NET RECEIPTS/PAYMENTS FOR YEAR 111,929 1,416 - 113,345
Transfer between funds (94,281) 94,281 - -
Net movement in funds in year 17,648 95,697 - 113,345
Cash funds brought forward 13,650 116,621 - 130,271
Cash funds carried forward March 31 2024 6 31,298 212,319 - 243,617

THE KING’S CROSS CHURCH AND JUNCTION, HEXTHORPE

STATEMENT OF ASSETS AND LIABILITIES AT 31[ST] MARCH 2024

UnrestrictedRestricted UnrestrictedRestricted UnrestrictedRestricted Endowment Total
Funds Fund Fund Funds
Cash Funds
£ £ £ £
Co-operative Bank - Business Direct Plus 31,298 196,259 -
227,557
Co-operative Bank - Business Direct Plus - Old Account - - -
-
All funds transferred to New account on March 6 2024 - Account closed
HSBC Bank - Charitable Junction Account - 13,583 -
13,583
HSBC Bank - Charitable Junction Account no 2 - 2,477 -
2,477
Total cash funds at March 31 2023 31,298 212,319 -
243,617
UnrestrictedRestricted Endowment Total
Funds Fund Fund Funds
£ £ £ £
Other monetary assets
Tax refund due from HMRC 1,447 80 - 1,527
- - - -
1,447 80 - 1,527
Funds to which Cost Current
Assets retained for the charity’s own use asset belongs Value
Freehold land and buildings
Furniture and fittings
2023
laptop computer
Unrestricted 802 542
-
-
802 542
Fund to which Amount due When paid
Liabilities liability relates
Accountancy charge unrestricted funds £600

The King’s Cross Church and Junction, Hexthorpe is a new charity and there are no comparative accounts shown in this report

- 3 –

THE KING’S CROSS CHURCH AND JUNCTION, HEXTHORPE

NOTES TO THE ACCOUNTS AT 31[ST] MARCH 2024

Notes to the Accounts

1 This is a new Charity and these are the first claims made to the HMRC.
Unfortunately, the GASDS claim in December was over the maximum and was
corrected in the March claim by reducing the Gift Aid claim by £112.50p.
This will be shown in the 2024 - 2025 accounts as payment was received in
April 2024, after the year end.
2 Income from the property owned or used by the charity:
Venue hire of the church buildings £546
Rent received from flat £7,029
Rent arrears for flat received from court judgement £2,000
£9,575
3 Property in Hexthorpe purchased in 1980's which was sold by the Methodist Church
July 27th, 2023
TKCC&J given 50% of the proceeds
£30,000
The use of this money will be decided at a future date.
4 Transfers between Funds during the year:
June 26th, 2023 Repayment of loan for salaries
from Junction 1 to TKCC&J New Account £26,417
July 11th, 2023
Bequest made for evangelism in the community
from Junction 2 to TKCC&J New Account £79,461
£105,878
March 31 2024
Transfer of bequest into restricted fund
5 The lease agreement for the use of the TKCC buildings stated that the
Methodist Circuit would cover the cost of the utilities.
cost of lease @ £2,000 per month £20,000
reimbursement from Circuit £5,281
£14,719
6 The total cash funds available are held in 4 working accounts:
Unrestricted
General account
For Church work
£31,298
Restricted
General account
For Church work
£30,000
Building account
For purchase of new building
£147,857
Junction Community account
For community work
£31,985
Junction No 2 account
For community magazine
£2,477
£243,617

Approved by the Trustees on November 5[th] , 2024

and signed on their behalf by:

Trustee Richard Iball Secretary to the Trustees Anne Dyer

THE KING’S CROSS CHURCH AND JUNCTION

HEXTHORPE

INDEPENDENT EXAMINER’S REPORT

AND

FINANCIAL STATEMENTS

31[ST] MARCH 2024

Registered Charity Number 1202060

THE KING’S CROSS CHURCH AND JUNCTION HEXTHORPE

INDEPENDENT EXAMINER’S REPORT

AND

FINANCIAL STATEMENTS

31[ST] MARCH 2024

CONTENTS PAGE
Report of the Independent Examiner 1
Receipts and Payments Account 2
Statement of Assets and Liabilities 3
Notes to the Accounts 4

THE KING’S CROSS CHURCH AND JUNCTION, HEXTHORPE REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF DONCASTER EVANGELICAL CHURCH

I report on the accounts of The King’s Cross Church and Junction, Hexthorpe, for the period ended 31[st] March 2024, which are set out on pages

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charity’s Act)) and that an independent examination is needed.

It is my responsibility to:

Basis of Independent Examiner’s Report

My examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

Signed: Catherine Gillian Walker Address: 24, Woodsett Walk, Conisbrough, Doncaster, DN12 3BH.

Date: November 6[th] , 2024

1

THE KING’S CROSS CHURCH AND JUNCTION, HEXTHORPE

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31[ST] MARCH 2024

Unrestricted **Restricted Endowment ** **Restricted Endowment ** Total
Fund Fund Fund Funds
2024
Note
£
£ £ £
Deeds of covenant / gift aid 16,380 55,693 - 72,073
Small Donations - GASDS 1 7,751 700 - 8,451
Other offerings and gifts 13,903 12,919 - 26,822
Income tax recovered 3,447 16,122 - 19,569
Grants from other organisations - 30,889 - 30,889
Repayment of salary overpayment 270 - - 270
Property income 2 546 9,029 - 9,575
Bank Interest 59 - - 59
Miscellaneous 1,830 - - 1,830
Sub Total (Gross income for Year) 44,186 125,352 - 169,538
Asset sales 3 - 30,000 - 30,000
Transfers between funds 4 105,878 (105,878) - -
TOTAL RECEIPTS 150,064 49,474 - 199,538
PAYMENTS
Salaries: ICF - 5,943 - 5,943
Junction Manager - 5,426 - 5,426
Administration - 5,168 - 5,168
Stewardship fees 517 - - 517
Pulpit supply 770 - - 770
Community Work - LWWL - 3,616 - 3,616
Outreach 467 17 - 484
Bible Teaching Day (Word +year) 275 - - 275
Family Worker - 817 - 817
Community Hub - 10,335 - 10,335
Innovation 1,221 - 1,221
Bibles and Hymn Books 411 - - 411
Purchase of IT equipment 146 - - 146
Printing and publicity 124 700 - 824
Photocopying contract 648 - - 648
Accountancy charges 350 - - 350
CCL copyright licence 851 - - 851
Sundry expenses 535 200 - 735
Light and heat 6,242 6,564 - 12,806
Telephone & Broadband 1,744 1,320 - 3,064
Water 1,051 905 - 1,956
Cleaning and maintenance 3,753 - - 3,753
Bank Charges - 120 - 120
Building Maintenance 1,632 2,969 - 4,601
Methodist Lease 5 14,719 - - 14,719
Doncaster Metropolitan Borough Council: - 1,470 - 1,470
Council Tax - 1,002 - 1,002
Hire of equipment - 264 - 264
Donation to external organisations 200 - - 200
Donations and grants to other Christian work 2,898 - - 2,898
Sub Total (Gross expenditure for Year) 37,333 48,057 - 85,390
Asset and Investment purchases 802 - - 802
TOTAL PAYMENTS 38,135 48,057 - 86,192
NET RECEIPTS/PAYMENTS FOR YEAR 111,929 1,416 - 113,345
Transfer between funds (94,281) 94,281 - -
Net movement in funds in year 17,648 95,697 - 113,345
Cash funds brought forward 13,650 116,621 - 130,271
Cash funds carried forward March 31 2024 6 31,298 212,319 - 243,617

THE KING’S CROSS CHURCH AND JUNCTION, HEXTHORPE

STATEMENT OF ASSETS AND LIABILITIES AT 31[ST] MARCH 2024

UnrestrictedRestricted UnrestrictedRestricted UnrestrictedRestricted Endowment Total
Funds Fund Fund Funds
Cash Funds
£ £ £ £
Co-operative Bank - Business Direct Plus 31,298 196,259 -
227,557
Co-operative Bank - Business Direct Plus - Old Account - - -
-
All funds transferred to New account on March 6 2024 - Account closed
HSBC Bank - Charitable Junction Account - 13,583 -
13,583
HSBC Bank - Charitable Junction Account no 2 - 2,477 -
2,477
Total cash funds at March 31 2023 31,298 212,319 -
243,617
UnrestrictedRestricted Endowment Total
Funds Fund Fund Funds
£ £ £ £
Other monetary assets
Tax refund due from HMRC 1,447 80 - 1,527
- - - -
1,447 80 - 1,527
Funds to which Cost Current
Assets retained for the charity’s own use asset belongs Value
Freehold land and buildings
Furniture and fittings
2023
laptop computer
Unrestricted 802 542
-
-
802 542
Fund to which Amount due When paid
Liabilities liability relates
Accountancy charge unrestricted funds £600

The King’s Cross Church and Junction, Hexthorpe is a new charity and there are no comparative accounts shown in this report

- 3 –

THE KING’S CROSS CHURCH AND JUNCTION, HEXTHORPE

NOTES TO THE ACCOUNTS AT 31[ST] MARCH 2024

Notes to the Accounts

1 This is a new Charity and these are the first claims made to the HMRC.
Unfortunately, the GASDS claim in December was over the maximum and was
corrected in the March claim by reducing the Gift Aid claim by £112.50p.
This will be shown in the 2024 - 2025 accounts as payment was received in
April 2024, after the year end.
2 Income from the property owned or used by the charity:
Venue hire of the church buildings £546
Rent received from flat £7,029
Rent arrears for flat received from court judgement £2,000
£9,575
3 Property in Hexthorpe purchased in 1980's which was sold by the Methodist Church
July 27th, 2023
TKCC&J given 50% of the proceeds
£30,000
The use of this money will be decided at a future date.
4 Transfers between Funds during the year:
June 26th, 2023 Repayment of loan for salaries
from Junction 1 to TKCC&J New Account £26,417
July 11th, 2023
Bequest made for evangelism in the community
from Junction 2 to TKCC&J New Account £79,461
£105,878
March 31 2024
Transfer of bequest into restricted fund
5 The lease agreement for the use of the TKCC buildings stated that the
Methodist Circuit would cover the cost of the utilities.
cost of lease @ £2,000 per month £20,000
reimbursement from Circuit £5,281
£14,719
6 The total cash funds available are held in 4 working accounts:
Unrestricted
General account
For Church work
£31,298
Restricted
General account
For Church work
£30,000
Building account
For purchase of new building
£147,857
Junction Community account
For community work
£31,985
Junction No 2 account
For community magazine
£2,477
£243,617

Approved by the Trustees on November 5[th] , 2024

and signed on their behalf by:

Trustee Richard Iball Secretary to the Trustees Anne Dyer