PROPERTY TRUSTEES REPORT
The year has been a quiet one for the Trustees as we await the formation of our CIO. Over the year we have seen the resignation of 3 of our members, Mary Gaskell, Dawn Buckle and Jennifer Moody. We particularly recognise the work of Dawn Buckle and Jennifer Moody who have served on the Property Trust for many years – Dawn acted as our Chairperson and steered the group with a steady hand and wise words. We miss their input at our meetings. They have not been replaced as yet as we await he formation of the CIO. John Swindells has agreed to act as our Chairman until our next AGM and we are very grateful to him.
Our January meeting discussed the possibility of replacing the front doors of the Community Hall, the two side fire doors and repainting/varnishing the Chapel doors.
Our meeting in May raised the question of our Quinquennial survey which should be done in 2026. It was agreed that a new electrical certificate be in place before then. We discussed the problems of our Windows and lower roof in Chapel and agreed that major funding would be required. It was agreed that we look into funding options.
In our meeting in October it was reported that new spot lights had been installed in the Chapel replacing the old faulty ones.
Once our CIO is arranged we hope that we can move forward with repair work on the Chapel with funding from outside sources, and continue to maintain the Community Hall to a high standard.
Bronwyn Lowe (Sec)
----- Start of picture text -----
DUKINFIELD OLD CHAPEL AND SUNDAY SCHOOL PROPERTY TRUST
REPORT FOR MEETING -
RECEIPTS & PAYMENTS ACCOUNT FOR MONTHS JANUARY TO DECMBER 2024
RECEIPTS
INVESTMENT INCOME
Dividends - Managed Portfolio £ 6,765.33
Dividends - COIF Income Units £ 6,392.07
£ 13,157.40
CHIEF RENTS £ 562.88
BANK AND DEPOSIT INTEREST
BUILDING FUND INTEREST £ 396.75
GODLEY INTEREST £ 42.98
HARROP INTEREST £ 57.96
CCLA BRF Interest £ 3,630.10
Tranfer from Autumn Fair £ 2,623.47
Donation £ 3,500.00
Water Damage claim £ 7,888.00
£ 18,139.26
TOTAL RECEIPTS £ 31,859.54
PAYMENTS
DUKINFIELD OLD CHAPEL AND SUNDAY SCHOOL
Graveyard Maintance £ 3,890.00
Electrical and Building repairs £ 5,828.36
Solicitors Fees £ 9,034.80
Manse allowance £ 1,200.00
Minibus for transport of infirm members £ 3,300.00
Tameside Food Bank £ 500.00
Visit to Hucklow Students Christmas Service £ 54.00
Water Damage claim - Transferred to Old Chapel Council £ 7,888.00
Insurance £ 16,595.76 Paid 2 years
£ 48,290.92
TOTAL PAYMENTS £ 48,290.92
EXCESS RECEIPTS OVER PAYMENTS (PAYMENTS OVER RECEIPTS) -£ 16,431.38
CASH DEPOSITS
31/12/2024 31/12/2023 INC/(DEC)
LLOYDS BR/HLF A/C £ 30,534.41 £ 33,292.26 -£ 2,757.85
CCLA - BUILDING RESTORATION FUND £ 72,481.08 £ 72,481.08 £ -
LLOYDS TREASURERS ACCOUNT £ 380.24 £ 3,315.02 -£ 2,934.78
LLOYDS GODLEY FUND £ 1,483.37 £ 10,422.59 -£ 8,939.22
LLOYDS HARROP FUND £ 2,963.25 £ 4,762.78 -£ 1,799.53
£ 107,842.35 £ 124,273.73 -£ 16,431.38
INVESTMENTS AT VALUATION
31/12/2024 31/12/2023 INC/(DEC)
MANAGED PORTFOLIO - BARCLAYS WEALTH £ 218,591.84 £ 210,842.86 £ 7,748.98
CCLA INCOME UNITS £ 229,845.90 £ 224,190.98 £ 5,654.92
£ 448,437.74 £ 435,033.84 £ 13,403.90
BUILDING RESTORATION FUND
----- End of picture text -----
BALANCE AT 1ST JANUARY 2023 MOVEMENT IN THE YEAR BALANCE AT 31st DECEMBER 2024 as above
£ 72,481.00 £ - £ 72,481.00
Independent Examiner’s Report on the Financial Accounts of Dukinfeld Old Chapel and Sunday School Property Trust for the Year Ending 31st December 2020 2024
Respective Responsibilities of the Committee and the Examiner
The Treasurer of the Dukinfield Old Chapel and Sunday School Trust is responsible for the preparation of the accounts. The Trust consider that an audit is not required for this year and that an independent examination is needed.
It is my responsibility to examine the accounts. My current job role involves the preparation of accounts and VAT returns for a small organisation. I am in charge of all accounting aspects for the company. I am not a qualified accountant so would class myself as a non-professional examiner but deal with accounts / financial management on a daily basis.
Basis of Independent Examiner’s Statement
For my examination I have:
-
Completed a review of the accounting records kept by the trust
-
Made a consideration of any unusual items or disclosures in the accounts and seek explanations from the Treasurer concerning any such items
The Building Restoration Fund to date and the BR / HLF Account to date have not been reviewed as part of my examination.
Independent Examiner’s Statement
After reviewing the accounts I can confirm that:
No matter has come to my attention which gives me reasonable cause for concern.
Signed: Date: 11.05.21 02.03.23 27.10.25
Miss Natalie Travis, 5 Store Street, Ashton-under-Lyne, Lancs, OL7 9QA Non-professional Independent Examiner