**REGISTERED CHARITY NUMBER: 242231**
## **REPORT OF THE TRUSTEES AND**
**FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 FOR THE CANYNGES SOCIETY**
**THE CANYNGES SOCIETY**
**CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
||Page|
|---|---|
|Report of the Trustees|1 to 5|
|Independent Examiner's Report|6|
|Statement of Financial Activities|7|
|Balance Sheet|8|
|Notes to the Financial Statements|9 to 17|
|Detailed Statement of Financial Activities|18|
**THE CANYNGES SOCIETY**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024**
The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (FRS 102 SORP) 'Accounting and Reporting by Charities' issued in 2019.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
242231
## **Principal address**
St Mary Redcliffe Parish Office 12 Colston Parade Bristol BS1 6RA
## **Trustees**
P Pratt (President 2024) S Prescott (Past President 2023) S Willmott (Resigned 19 April 2024) P Reid E Clarke C Stanley H Walker
In addition to the above Officers, the Standing Committee may invite the Vicar (D Tyndall) and Churchwardens of St Mary Redcliffe to attend meetings of the Standing Committee, but they are not Trustees and may not vote.
## **Independent examiner**
Joshua Kingston, ACA Burton Sweet Limited The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1UR
## **Stockbrokers**
Evelyn Partners Brewin Dolphin Ltd Portwall House Vantage Point Portwall Lane Woodwater Park, Pynes Hill Bristol Exeter BS1 6NA EX2 5FD
1
**THE CANYNGES SOCIETY**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The Canynges Society was formed in 1848, originally to raise funds for the restoration of the Parish Church of St Mary Redcliffe. It is a registered charity, number 242231, and is an unincorporated members' association governed by its rules. The rules were amended by resolutions of the Society's members at the 2008, 2009 and 2015 AGMs. At the 2008 AGM it was resolved to remove "(Friends of St Mary Redcliffe)" from the Society's formal legal name which is now simply "The Canynges Society".
## **Organisational structure**
The management of the Society is vested in a Standing Committee whose members are the charity trustees (listed on page 1).
In accordance with the rules of the Society, its Officers (the Standing Committee) are the President, the immediate Past President and not more than seven other individuals who have been elected at the AGM of the Society. The President is proposed by the Standing Committee and elected at the Annual General Meeting to serve from the conclusion of that meeting until the conclusion of the next Annual General Meeting. The Officers other than the President are elected at the Annual General Meeting in each year.
In addition, there is a membership, consisting of those who contribute a required minimum level to the funds of the Society. Membership is open to all and the minimum donation level required is set at a modest level to facilitate access to membership. Other donors make gifts to the Society on a regular or an occasional basis.
The Standing Committee consists of the Officers of the Society. The members take office from the end of the Annual General Meeting to which their nominations were indicated. The President shall serve for his/her one year term of office and the Immediate Past President shall serve for one year in the year following his/her presidential year. All other members of the Standing Committee shall serve a one year term of office from the AGM at which they were elected to the next AGM. An individual who is eligible and willing may be reelected to not more than two further terms of office as a member of the Standing Committee. At the end of the third term the relevant individual must step down and may not be elected again to the Standing Committee for at least three years.
The Standing Committee meets as required (not less than twice a year).
Trustees are overwhelmingly selected from the business and professional community and are already familiar with both committee work and with charitable fund-raising. On appointment they are provided with details of the charitable purposes, constitution, structure and procedures of the Society.
2
**THE CANYNGES SOCIETY**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Related organisations**
The Society works closely with the following related organisations:
St Mary Redcliffe Parochial Church Council (PCC) (registered charity in England and Wales number 1134120). The PCC is the governing body of this Church of England parish church, and its members are charity trustees.
The PCC's composition, plus its principal role and responsibilities, are set by church law (the Church Representation Rules 2001 and the Parochial Church Councils' (Powers) Measure 1956 and its Appendix 1). The PCC is responsible, with the priest appointed to have charge of the parish, for the church's work in the parish and in the wider world and its participation in the overall life of the church.
St Mary Redcliffe Church Lands Charity (registered charity in England and Wales number 211109) - the charity's objects are to maintain the fabric of St Mary Redcliffe Church, maintain facilities for the conduct of Divine worship in the church and support other charitable purposes in the parish.
## **Risk management**
The Standing Committee confirms that the major risks, to which the Society is exposed, as identified by it, have been reviewed and systems have been established to mitigate these risks. Internal risks are minimised by the implementation of effective internal control procedures, which ensure both appropriate authorisation of all transactions and projects and consistent quality of delivery of all operational aspect of the Society. These procedures are periodically reviewed for their continuing effectiveness.
## **OBJECTIVES AND ACTIVITIES Charitable purposes**
The Society's charitable purposes, for the benefit of the general public, are:
To raise funds with which to give support to the Parish Church of St Mary Redcliffe, Bristol, to make grants from time to time towards the restoration, upkeep and improvements and adornment of the fabric of the church and of the churchyard and of extensions thereto, and to accumulate part thereof in order to make additional grants from time to time towards:
- a) any major works of restoration which may become necessary;
- b) the repair, restoration, renovation and replacement of the organ and the ornaments and other fittings and furniture of the Church, and the vestments, books and manuscripts thereof, and in or towards the maintenance of Divine worship therein;
- c) in or towards the advancement of religion in accordance with the rites of the Church of England; and
- d) in or towards the advancement of the education of the general public in relation to the Christian faith and the history of both the Church of England and Parish of St Mary Redcliffe.
## **Activities**
As in previous years, the income of the Society is derived partly from a personal appeal launched by the President of the year, and partly from income from the Society's deposits and investments. It is the policy of the Society to make grants that do not exceed the value of its general fund in normal circumstances, and of its designated fund in the case of specific major restoration projects.
3
**THE CANYNGES SOCIETY**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024**
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
Despite the current difficult economic times, and thanks to the dedicated efforts of previous Presidents and the very kind donations of our membership, we have been able to continue supporting the good works of St. Mary Redcliffe by helping maintain the fabric of the church.
The AGM was held on 29 May 2024 in the Church and the Presidents and Standing Committees have continued to meet in person and via digital conferencing.
During the year the Society was able to support the completion of the long-term project to remove the sawdust in the Bell Tower which has been considered a fire hazard. There were also contributions towards enhancing the visitor experience including the development of an audio guide, which came from the 2018 Presidents Appeal fund and the purchase of Goodbox donation podiums. There were also contributions towards requirements requested by Bristol City Council towards the Project 450 planning application for an archaeological study and an audience analysis study.
## **FINANCIAL REVIEW**
## **Results for the year**
The charity raised income of £34,734 (2023: £52,225) and incurred expenditure of £64,886 (2023: £28,708) with an overall gain on investments of £47,997 (2023: £40,926) giving a result for the year of a surplus of £17,845 (2023: surplus £64,443). Of this surplus, £21,662 (2023: £58,443) was attributable to the unrestricted fund and there was a deficit of £3,817 (2023: surplus £6,000) to restricted funds.
## **Reserves policy**
The policy of the Standing Committee is to maintain a reserve whereby the unrestricted funds not designated, committed or invested in tangible fixed assets ("the free reserves") held by the charity should be one year's total expenditure, excluding grants, which amounts to £17,854 (2023: £28,358). At this level the Standing Committee feel that it would be able to continue the current level of activities of the charity in the event of a significant reduction in funding. In such circumstances it would clearly be necessary to consider how the funding would be replaced or activities changed accordingly. The free reserves held by the charity amounted to £47,020 (2023: £73,355) at the balance sheet date. This is currently above the target level because funds earmarked for Project 450 are likely to be required in the next year.
## **Principal funding sources**
The Society's principal sources of funding are: individual, trust and corporate donations towards the annual appeal; legacies and other donations bequeathed and given for the work of the Society towards its objects; and income and capital growth from the Society's investments and deposits.
## **Investment policy and objectives**
The members of the Standing Committee intend the real value of the Society's assets to be maintained and enhanced over the long term by investment in a portfolio of equities, fixed income stocks and cash deposits. Consistent with this objective, the Trustees wish to obtain a dividend and interest income from the portfolio each year to contribute towards the purposes of the Society. The Society has adopted an ethical investment policy which is in line with current Church of England policy.
## **FUTURE DEVELOPMENTS**
The Society is committed to continue to assist with the maintenance of the fabric of the Church. To that end it is currently supporting the Church to develop the visitor experience and its exciting capital development – Project 450.
4
## **THE CANYNGES SOCIETY**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024**
## **STATEMENT OF TRUSTEES’ RESPONSIBILITIES**
The Trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the income and expenditure of the charity for that period. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The Trustees are responsible for keeping sufficient accounting records that 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, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed/constitution. 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.
## 15 March
Approved by order of the board of Trustees on 2025 and signed on its behalf by:
................................. P Pratt - Trustee
5
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE CANYNGES SOCIETY FOR THE YEAR ENDED 31 DECEMBER 2024**
I report to the Trustees on my examination of the accounts of The Canynges Society for the year ended 31 December 2024 set out on pages 7 to 17.
## **Responsibilities and basis of report**
As the charity Trustees of the Charity, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
- the accounts do not accord with those records; or
- the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Joshua Kingston, ACA Burton Sweet Limited The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1UR
15 March 2025 Date: …………………………
6
## **THE CANYNGES SOCIETY**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024**
|Notes
**Income from:**
Donations and legacies
2
Investments
3
Event income
**Total income**
**Expenditure on:**
Raising funds
4
Charitable activities
5,6
**Total expenditure**
**NET INCOME/**
10
**(EXPENDITURE)**
Gains/(losses) on investment assets
**Net income/(expenditure) and net**
**movement in assets**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED**
14
**FORWARD**|**Unrestricted**
**funds**
**£**
6,971
27,763
-
34,734
9,932
51,137
61,069
(26,335)
47,997
21,662
955,800
977,462|**Restricted**
**funds**
**£**
-
-
-
-
-
3,817
3,817
(3,817)
-
(3,817)
79,968
76,151|**31.12.24**
**Total funds**
**£**
6,971
27,763
-
34,734
9,932
54,954
64,886
(30,152)
47,997
17,845
1,035,768
1,053,613|31.12.23
Total funds
£
21,133
27,060
4,032
52,225
10,589
18,119
28,708
23,517
40,926
64,443
971,325
1,035,768|
|---|---|---|---|---|
The Charity has no recognised gains or losses other than the results for the year as set out above. All of the activities of the Charity are classed as continuing.
The comparative funds are detailed in Note 15. The notes on pages 9 to 17 form part of these financial statements.
7
## **THE CANYNGES SOCIETY**
## **BALANCE SHEET AS AT 31 DECEMBER 2024**
|Notes
**FIXED ASSETS**
Investments
11
**CURRENT ASSETS**
Debtors
12
Cash at bank
**CREDITORS**
Amounts falling due within one
year
13
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
14
Unrestricted funds
Restricted funds
**TOTAL FUNDS**
The financial statements were approved by
on its behalf by:
…...........................
P Pratt - Trustee|**31.12.24**
31.12.23
**Unrestricted**
**Restricted**
**Total funds**
Total funds
**funds**
**funds**
**£**
**£**
**£**
£
926,668
-
926,668
886,428
5,209
-
5,209
5,904
49,101
76,151
125,252
147,052
54,310
76,151
130,461
152,956
(3,516)
-
(3,516)
(3,616)
50,794
76,151
126,945
149,340
977,462
76,151
1,053,613
1,035,768
977,462
76,151
1,053,613
1,035,768
977,462
955,800
76,151
79,968
1,053,613
1,035,768
the Board of Trustees on 2025 and were signed
…...........................
S Prescott - Trustee
15 March|
|---|---|
The notes on pages 9 to 17 form part of these financial statements.
8
**THE CANYNGES SOCIETY**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **1. ACCOUNTING POLICIES**
## **Accounting convention**
The financial statements have been prepared in accordance with the historical cost convention (except where otherwise stated in the accounting policy note) and in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019, and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102) and the Charities Act 2011.
The accounts financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. The charity is a public benefit entity as defined by FRS 102. The Trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern due to accumulated reserves, and there are no significant current or longer-term liabilities, the organisation has significant net assets and reserves.
## **Income**
All income is included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Donations are included in income when they are received, except for significant one-off donations, received after the year end but promised before the year end, in relation to the incumbent president's appeal for that year.
Legacies are included when the charity is advised by the personal representative of an estate that the payment will be made, or property transferred and the amount can be quantified.
## **Expenditure**
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources. Expenditure includes attributable VAT which cannot be recovered.
Grants payable are recognised in the year in which the grant is paid. Commitments made by the Trustees for future grants and charitable expenditure are not of a legally binding nature as they had not been communicated to the recipients and have not been accrued in the accounts. Grants offered subject to conditions which have not been met at the year-end date are noted as a commitment but not accrued as expenditure.
## **Taxation**
The charity is exempt from tax on its charitable activities.
9
## **THE CANYNGES SOCIETY**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024**
## **1. ACCOUNTING POLICIES (CONTINUED)**
## **Investments**
Financial Investments are recognised at market value at the balance sheet date. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year.
## **Cash at bank and in hand**
Cash at bank includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **Creditors**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Trustees. Designated funds form part of unrestricted funds and have been identified as being for particular purposes by the Trustees. They are not restricted and can be transferred to general funds at any time at the discretion of the Trustees.
Restricted funds can only be used for the particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. DONATIONS AND LEGACIES**
|Charitable trusts and corporate
donations
Individual donations
Gift aid
Legacies|**Unrestricted**
**funds**
**£**
610
4,280
1,116
965
6,971|**Restricted**
**funds**
**£**
-
-
-
-
-|**31.12.24**
**Total**
**£**
610
4,280
1,116
965
6,971|31.12.23
Total
£
5,750
8,677
1,706
5,000
21,133|
|---|---|---|---|---|
In 2023, £15,133 of donations and legacies were unrestricted funds and £6,000 were restricted funds.
10
## **THE CANYNGES SOCIETY**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024**
## **3. INVESTMENT INCOME**
|Dividends receivable
Bank interest receivable|**Unrestricted**
**funds**
**£**
25,294
2,469
27,763|**Restricted**
**funds**
**£**
-
-
-|**31.12.24**
**Total**
**£**
25,294
2,469
27,763|31.12.23
Total
£
24,599
2,461
27,060|
|---|---|---|---|---|
All investment income was unrestricted funds totalling £27,060 in 2023.
## **4. RAISING FUNDS**
|Fundraising costs
Investment management costs|**Unrestricted**
**funds**
**£**
1,195
8,737
9,932|**Restricted**
**funds**
**£**
-
-
-|**31.12.24**
**Total**
**£**
1,195
8,737
9,932|31.12.23
Total
£
4,503
6,086
10,589|
|---|---|---|---|---|
All raising funds expenditure was unrestricted funds totalling £10,589 in 2023.
## **5. CHARITABLE ACTIVITIES - CURRENT YEAR**
|Grant making
Support and Governance costs (see Note 7)
**CHARITABLE ACTIVITIES - PRIOR YEAR**
Grant making
Support and Governance costs (see Note 7)|**Direct**
**costs**
**£**
43,950
7,187
51,137
**Direct**
**costs**
**£**
10,641
7,478
18,119|**Grant**
**funding of**
**activities**
**£**
3,817
-
3,817
**Grant**
**funding of**
**activities**
**£**
-
-
-|**31.12.24**
**Total**
**£**
47,767
7,187
54,954
**31.12.23**
**Total**
**£**
10,641
7,478
18,119|
|---|---|---|---|
All charitable activities expenditure was unrestricted funds in current and previous year.
11
## **THE CANYNGES SOCIETY**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024**
## **6. GRANTS PAYABLE**
The total grants paid to institutions during the year were as follows:
|St Mary Redcliffe PCC - Goodbox donation podiums
St Mary Redcliffe PCC - Audio guide (restricted funds)
St Mary Redcliffe PCC - Archaeological study
St Mary Redcliffe PCC - Audience analysis study
St Mary Redcliffe PCC - Sawdust removal from Bell Tower
St Mary Redcliffe PCC - Architectural film footage|**31.12.24**
**£**
3,726
3,817
7,868
5,000
26,621
-
47,032|31.12.23
£
-
-
-
-
-
10,350
10,350|
|---|---|---|
Grants payable expenditure was £43,215 from unrestricted funds and £3,817 from restricted funds (2023: unrestricted funds £10,350)
## **7. SUPPORT AND GOVERNANCE COSTS**
|Honorarium for administration - P Terry
Honorarium for accountancy - T Stratton
Room hire
Website costs
Software and IT costs
Independent examiner's fee
Sundry expenses
Interest payable and similar charges|**31.12.24**
**Total**
**£**
4,008
1,250
-
208
395
1,284
40
2
7,187|31.12.23
Total
£
4,008
1,250
43
569
368
1,200
-
40
7,478|
|---|---|---|
All support and governance costs are unrestricted (2023: £7,478).
**8. TRUSTEES' REMUNERATION AND BENEFITS**
There were no Trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023. The key management personnel are solely the Trustees.
## **Trustees' expenses**
There were no Trustees' expenses paid or waived for the year ended 31 December 2024 nor for the year ended 31 December 2023.
## **Trustees' donations**
There were no donations from Trustees in the year (2023 - £5,525).
12
## **THE CANYNGES SOCIETY**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024**
## **8. TRUSTEES' REMUNERATION AND BENEFITS (continued)**
## **Related party transactions**
There were no related party transactions in the year or prior year apart from those disclosed in the accounts.
## **9. STAFF COSTS AND NUMBERS**
The Society had no employees or staff costs during the year other than the honoraria paid to P Terry for administration and to T Stratton for accountancy as disclosed in Note 7.
## **10. NET INCOME/(EXPENDITURE)**
## **This is stated after charging:**
**----- Start of picture text -----**
||||
|---|---|---|
|31.12.24|31.12.23|
|£|£|
|Independent examiner's fee|1,284|1,200|
|11.|FIXED ASSET INVESTMENTS|
|Listed|
|Investments|
|£|
|MARKET VALUE|
|At 1 January 2024|877,272|
|Additions|316,447|
|Disposals (proceeds of £317,485 plus losses of £5,044)|(322,529)|
|Unrealised gains/(losses)|53,041|
|At 31 December 2024|924,231|
|Cash held at stockbrokers|2,437|
|NET BOOK VALUE|
|At 31 December 2024|926,668|
|At 31 December 2023|886,428|
**----- End of picture text -----**
There were no investment assets outside the UK. The historical cost of the investments was £848,293 (2023 - £818,001)
## **12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**----- Start of picture text -----**
||||
|---|---|---|
|31.12.24|31.12.23|
|£|£|
|Gift aid recoverable and accrued income|5,209|5,904|
**----- End of picture text -----**
13
## **THE CANYNGES SOCIETY**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024**
**----- Start of picture text -----**
13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£ £
Accruals and deferred income 3,516 3,616
14. MOVEMENT IN FUNDS
Net
movement
At 1.1.24 in funds At 31.12.24
£ £ £
Unrestricted funds
General fund 73,355 (26,335) 47,020
Designated fund - fabric of SMR 882,445 47,997 930,442
955,800 21,662 977,462
Restricted funds
North Porch 17,081 - 17,081
Public Access 22,609 - 22,609
Visitor Experience 5,106 (3,817) 1,289
Bell fund 16,000 - 16,000
Chatterton Room 19,172 - 19,172
79,968 (3,817) 76,151
TOTAL FUNDS 1,035,768 17,845 1,053,613
Net movement in funds, included in the above are as follows:
Gains and Movement
Income Expenditure (losses) in funds
£ £ £ £
Unrestricted funds
General fund 34,734 (61,069) - (26,335)
- -
Designated fund - fabric of SMR 47,997 47,997
34,734 (61,069) 47,997 21,662
Restricted funds
- -
Visitor Experience (3,817) (3,817)
- -
(3,817) (3,817)
TOTAL FUNDS 34,734 (64,886) 47,997 17,845
**----- End of picture text -----**
14
**NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024**
## **THE CANYNGES SOCIETY**
## **14. MOVEMENT IN FUNDS - continued**
|**PRIOR YEAR MOVEMENT**
**At 1.1.23**
**£**
**Unrestricted funds**
General fund
55,838
Designated fund - fabric of SMR
841,519
897,357
**Restricted funds**
North Porch
17,081
Public Access
22,609
Visitor Experience
5,106
Bell fund
10,000
Chatterton Room
19,172
73,968
**TOTAL FUNDS**
971,325
Net movement in funds, included in the above are as follows:
**Income**
**Expenditure**
**£**
**£**
**Unrestricted funds**
General fund
46,225
(28,708)
Designated fund - fabric of SMR
-
-
46,225
(28,708)
**Restricted funds**
Bell fund
6,000
-
6,000
-
**TOTAL FUNDS**
52,225
(28,708)|**Net**
**movement**
**in funds**
**£**
17,517
40,926
58,443
-
-
-
6,000
-
6,000
64,443
**Gains and**
**(losses)**
**£**
-
40,926
40,926
-
-
40,926|**At 31.12.23**
**£**
73,355
882,445
955,800
17,081
22,609
5,106
16,000
19,172
79,968
1,035,768
**Movement**
**in funds**
**£**
17,517
40,926
58,443
6,000
6,000
64,443|
|---|---|---|
15
## **THE CANYNGES SOCIETY**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024**
## **14. MOVEMENT IN FUNDS - continued**
## **General fund**
The general fund is used for the administration costs of the charity and to make grants in pursuance of the objects of the charity.
## **Designated fund - fabric of SMR**
The Trustees have decided to designate these funds for the purpose of maintaining the fabric of St Mary Redcliffe Church for the long term as the needs of this historic building dictate. The Trustees have decided to hold this fund within investments; income is recognised in general funds.
## **Restricted funds**
North Porch represents donations given towards the repair and restoration of the North Porch of the Church, arising from the 2014 President's appeal.
Public Access represents donations given towards repairs to certain elements to enable tours of the Church to take place arising from the 2016 President's appeal.
Visitor Experience represents donations given towards improving the visitor experience through signage and interpretation boards arising from the 2018 President's appeal.
Bell fund is to cover the enhancement and betterment of the full circle ring of bells.
Chatterton Room represents donations given towards the restoration of the Chatterton Room and to develop access to other areas in the Church arising from the 2019 President's appeal.
16
## **THE CANYNGES SOCIETY**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024**
## **15. PRIOR YEAR FUND COMPARATIVES**
|**Income from:**
Donations and legacies
Investments
Event income
**Total income**
**Expenditure on:**
Raising funds
Charitable activities
**Total expenditure**
**NET INCOME/**
**(EXPENDITURE)**
Gains/(losses) on investment assets
**Net income/(expenditure) and net**
**movement in assets**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED**
**FORWARD**|**Unrestricted**
**funds**
**£**
15,133
27,060
4,032
46,225
10,589
18,119
28,708
17,517
40,926
58,443
897,357
955,800|**Restricted**
**funds**
**£**
6,000
-
-
6,000
-
-
-
6,000
-
6,000
73,968
79,968|**31.12.23**
**Total funds**
**£**
21,133
27,060
4,032
52,225
10,589
18,119
28,708
23,517
40,926
64,443
971,325
1,035,768|
|---|---|---|---|
17
## **THE CANYNGES SOCIETY**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024**
|**INCOME FROM:**
**Donations and legacies**
Charitable trusts and corporate donations
Individual donations
Gift aid
Legacies
**Investment income**
Dividends receivable
Bank interest receivable
Event income
**Total income**
**EXPENDITURE ON:**
**Raising funds**
Fundraising costs
Investment management fees
**Charitable activities**
Postage and stationery
Honorarium - P Terry
Honorarium - T Stratton
Room hire
Website
IT costs
Independent examiner's fees
Sundry expenses
Bank charges
St Mary Redcliffe PCC - Goodbox donation podiums
St Mary Redcliffe PCC - Audio guide (restricted funds)
St Mary Redcliffe PCC - Archaeological study
St Mary Redcliffe PCC - Audience analysis study
St Mary Redcliffe PCC - Sawdust removal from Bell Tower
St Mary Redcliffe PCC - Architectural film footage
**Total expenditure**
**NET INCOME/(EXPENDITURE)**|**31.12.24**
**£**
610
4,280
1,116
965
6,971
25,294
2,469
27,763
-
34,734
1,195
8,737
9,932
735
4,008
1,250
-
208
395
1,284
40
2
3,726
3,817
7,868
5,000
26,621
-
54,954
64,886
(30,152)|**31.12.23**
**£**
5,750
8,677
1,706
5,000
21,133
24,599
2,461
27,060
4,032
52,225
4,503
6,086
10,589
291
4,008
1,250
43
569
368
1,200
-
40
-
-
-
-
-
10,350
18,119
28,708
23,517|
|---|---|---|
This page does not form part of the statutory financial statements.
18
Audit Trail
## **Document Details**
|**Title**|Accounts for signature|
|---|---|
|**File Name**|The Canynges Society Accounts YE 24.pdf|
|**Document ID**|8cb9a008a6df4f589caa6409637a9981|
|**Fingerprint**|ab5d2e4c896da9cf3e3c71976ca43fd5|
|**Status**|Completed|
|**Document History**|**Document History**||
|---|---|---|
|**Document Created**|Document Created by Karen Chelton (karen@burton-sweet.co.uk)
Fingerprint: e7f221e49aa1921ceb63555fa6ec07be|May 08 2025
11:16AM UTC|
|**Document Sent**|Document Sent to Philip Pratt (philip@pratt.me.uk)|May 08 2025
11:16AM UTC|
|**Document Viewed**|Document Viewed by Philip Pratt (philip@pratt.me.uk)
IP: 92.17.142.187|May 08 2025
11:23AM UTC|
||Document Signed by Philip Pratt (philip@pratt.me.uk)||
||IP: 92.17.142.187||
|**Document Signed**||May 08 2025
11:27AM UTC|
|**Document Sent**|Document Sent to Simon Prescott (simon.prescott@googlemail.com)|May 08 2025
11:27AM UTC|
|**Document Viewed**|Document Viewed by Simon Prescott (simon.prescott@googlemail.com)
IP: 172.224.227.81|May 08 2025
11:38AM UTC|
||Document Signed by Simon Prescott (simon.prescott@googlemail.com)||
||IP: 172.224.227.81||
|**Document Signed**||May 08 2025
11:39AM UTC|
|**Document Sent**|Document Sent to Joshua Kingston (josh.kingston@burton-sweet.co.uk)|May 08 2025
11:39AM UTC|
|**Document Viewed**|Document Viewed by Joshua Kingston (josh.kingston@burton-sweet.co.uk)
IP: 185.249.213.98|May 08 2025
04:19PM UTC|
||Document Signed by Joshua Kingston (josh.kingston@burton-sweet.co.uk)||
|---|---|---|
||IP: 185.249.213.98||
|**Document Signed**||May 08 2025
04:20PM UTC|
|**Document**|This document has been completed.|May 08 2025|
|**Completed**|Fingerprint: ab5d2e4c896da9cf3e3c71976ca43fd5|04:20PM UTC|
||||