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2023-12-31-accounts

HURLEY CHURCH ESTATES CHARITY No. 245866 Annual Report 2023

Charitable Purposes

During 2023 the charity contributed £14,148 to projects and running costs associated with the fabric and churchyard of St. Mary the Virgin Church, Hurley. Expenses associated with the Church’s on-going running costs included insurance (£2853), heating and utilities (£4125), churchyard maintenance (£2347) and cleaning costs (£1705). In addition, £3118 was spent on general repairs and maintenance.

Financial

Total expenditure of £4109 was incurred on maintenance, insurance, and agency fees in connection with the charity’s properties.

The charity’s gross rental income increased by 5.7% to £27,720

The Trustees having taken advantage of higher Bank interest levels during 2022,

were able to increase income from investments / bank interest by 50% to £8093

There was an overall surplus of £17556 during the year.

There are no major projects planned by St Mary the Virgin Church for 2024 requiring the Charity’s assistance. However substantial repairs to the Church Roof will be undertaken in 2025, which will require the Charity’s support

Serious Incidents

The Trustees confirm that there are no serious incidents or other matters which they should have brought to the attention of the Commission and have not done so already.

Christopher Gutch HCE Trustee

08/10/2024

HURLEY CHURCH ESTATES CHARITY No. 245866 Receipts and Payments Account for the Year ending 31.12.2023

2022
£76,290
£127,723
-£1,443
£202,570
£26,220
£5,418
-£3,986
-£12,490
£15,162
£202,570
£217,732
£140,375
£78,805
-£1,448
£217,732
Description
Opening Balances
Current Accounts
Deposit Accounts
less rent deposit from Tenant
TOTAL
Rentals received
Income from Investments
Expenditure on Estate Property
Grants to PCC of Burchetts Green/St Marys
Excess of receipts overpayments
Opening Balance from above
End of Year balances foryearper accounts
Closing Bank Balances
Current accounts
Deposit Accounts
Less Rent deposit from Tenant
BALANCE IN HAND 31.12.2023
Income
Expenditure
£140,375
£78,805
-£1,448
£217,732
£27,720
£8,093
-£4,109
-£14,148
£64,097
£172,666
-£1,475
£235,288
Totals
£35,813
-£18,257
£17,556
£217,732
£235,288
BALANCE IN HAND 31.12.2023 £235,288

Ch•rlty Nurnb Hurtey Church Estate Ind•p•ndant Examln•ts Report on tho Accounts I mport on the arxtjurts forthe year ended 31 De(￿ber 2023 are set out on FAges 2 to 4. R￿￿¢11￿ rMp0mI￿lltla8 of tru8t••s and ￿mI The th•riV$ tnJslee8 0)nsiderthat an audrt is require(I for this year. lurthr 8eths)n 4312) of tho Chariiies Ad 1993 (ts A¢4). as amondod by $28 ofth Charilies ALtt 2￿) aThJ that ¥n indeFwth examinolion is needed. It my ￿ponsIbIlty to: examine thè actsxjnts (under Sects.￿ 43 of the Ad, as aThwd&Y'. to followthe procedures laid d(Mn in the General Direraw$ gbvgn by Charity Commlsslon {under section 43(7){bl of the Act, as ameThYed),' and to statè vthèthw parfiujlar mattws have to my attenlim. of inthpendent &xaminerf• statement My exarnination was caffted out in accordance vkni General Dir8dlon$ glven bythe Chaiity Commlssion. An examination indudes a re￿eW ofthe accounting ￿CordS kept by the tharity and a comparison of the 8(tsunts près•nt•d with r￿)r￿s. It Alw indudès c¢)nsidtiratbM of •ny unusual item8 or di8dosure8 in the accounts. and seeking explanations from the trustees o)nceming any such matters. The procedures undertaken do nol provide 811 the evidence that would be required in an audit. and ojnsequenty I do not eypress an audit opinion on th8 acoxjnts. Independent examinerf• statemwrt 11) which gives me reasonable cause to bdie¥e that. in any rnater1￿ rw. the trustees ha￿ not met u1￿MerIts lo en$￿￿ that: prop8r acfxjunting rao)rds are kept (In ats)yd8n￿ with Seth"t￿ 41 of A(1", 8nd accounls are prepared vthtch ag￿e t*￿ the accounling roo)rds and cfyMpty ithth the accounting requirements of Ihe ￿ or 12) to vthith. in my opinion. attention should be drawn In orderto 8nablg 8 ryoper understsnding to be Ththed. Signed: Name.. Colin C Evans Qualffication". Chartered Accountant 9 Napier Road. Maidenhead, Bert8hire. SL6 SAR 12 Febrt￿ry 2024