Friends of Great Bedwyn Church Trust
Dedicated to the preservation of Great Bedwyn parish church
Regd. Charity 246197
`
Treasurer’s Report to Trustees : AGM 2024
During 2023-2024 our funds increased from £10,641 to £59,884 . During the year no money was transferred to the PCC.
1) Annual Income by event
FY23 |
||
|---|---|---|
| Donations | £42,189 | One donationof £40,000.Othersrangingfrom £20 to£300. |
| Concert | £4,784 | King’s men concert |
| Annual Draw | £2,337 | 352 tickets sold in 2023 (down from 394 the previous year). Prize money at £750. This is not the same as thenumber inthe accounts due to the timing ofticket sales. |
| £49,310 |
2) Cash
-
At year end the treasurer holds £20 in cash - Unchanged from April 2022
-
3) Bank Accounts – All money is held in a HSBC current account. At the time of the AGM the balance is £67,138.16 - The bank instigated bank charges in FY22. In FY23 this amounted to £67.60
4) CAF Loan Account
- The £20,000 loan that has been held for several years in the accounts has been converted by the lender to a permanent donation and is included in the numbers.
5) Gift Aid
-
No gift aid claimed during the year
-
Gift Aid is pending on donations from 22-23 and 23-24. This includes for the £40,000 donation. ( around £12,000 to be claimed)
6) Fundraising
-
King’s men concert raised £4,784
-
Annual draw
7) GRDP
- The friends have a policy in place to cover data protection. This policy covers the handling of any personal information shared with the committee. This data is not shared outside of the committee.
8) Money given to the Church
- No money transferred during 23-24
9) Accounts Scrutiny.
-
These accounts have been scrutinised by Katherine Challen who has kindly audited our accounts in previous years. We have a letter from her confirming the status of the accounts.
10) The Draw.
-
2024 is the last annual draw.
-
So far approximately 146 tickets have been bought on Standing order and it is hoped will be converted to donations for future years (£2,250 including Gift aid)
THE FRIENDS OF GREAT BEDWYN CHURCH TRUST
| THE FRIENDS OF GREAT BEDWYN CHURCH TRUST | THE FRIENDS OF GREAT BEDWYN CHURCH TRUST | THE FRIENDS OF GREAT BEDWYN CHURCH TRUST | THE FRIENDS OF GREAT BEDWYN CHURCH TRUST | THE FRIENDS OF GREAT BEDWYN CHURCH TRUST | THE FRIENDS OF GREAT BEDWYN CHURCH TRUST | THE FRIENDS OF GREAT BEDWYN CHURCH TRUST | THE FRIENDS OF GREAT BEDWYN CHURCH TRUST | THE FRIENDS OF GREAT BEDWYN CHURCH TRUST | THE FRIENDS OF GREAT BEDWYN CHURCH TRUST |
|---|---|---|---|---|---|---|---|---|---|
| Income and Expenditure Account, 1 April 2023- 31 March 2024 | |||||||||
| 2023-2024 | 2022-2023 | ||||||||
| £ | £ | £ | £ | ||||||
| Income | |||||||||
| Donations | 42,189.00 | 2,198.54 | |||||||
| Grants & PCC donations | |||||||||
| Gift Aid Recovery | 0.00 | ||||||||
Open gardens teas (net of costs) |
|||||||||
King's Concert |
4,784.56 | ||||||||
| 50:50 prize draw revenue | 2,337.14 | 3,549.93 | |||||||
less costs |
0.00 | 0.00 | |||||||
| -------------- | 2,337.14 | -------------- | 3,549.93 | ||||||
| -------------- | -------------- | ||||||||
| Total income | 49,310.70 | 5,748.47 | |||||||
| Expenditure | |||||||||
| Bank charges | -67.60 | -166.40 | |||||||
Great Bedwyn P.C.C.-Roof |
0.00 | -195,001.00 | |||||||
| 0.00 | 0.00 | ||||||||
| -------------- | -67.60 | -------------- | -195,167.40 | ||||||
| -------------- | -------------- | ||||||||
| Net income / (expenditure) | 49,243.10 | -189,418.93 | |||||||
| -------------- | -------------- | ||||||||
| Balance Sheet as at 31 March 2024 | |||||||||
| £ | £ | ||||||||
| Assets | |||||||||
| Cash at bank-HSBC Bank plc | 59,884.62 | 10,641.52 | |||||||
Cash in hand with IW Bond |
19.49 | 19.49 | |||||||
| -------------- | -------------- | ||||||||
| 59,904.11 | 10,661.01 | ||||||||
| -------------- | -------------- | ||||||||
| General Fund | |||||||||
| Brought Forward | 10,661.01 | 200,079.94 | |||||||
Add net income / deduct net expenditure |
49,243.10 | -189,418.93 | |||||||
| -------------- | -------------- | ||||||||
| 59,904.11 | 10,661.01 | ||||||||
| -------------- | -------------- |
Friends of Great Bedwyn Church Trust
Dedicated to the preservation of Great Bedwyn parish church
Regd. Charity 246197
`
Treasurer’s Report to Trustees : AGM 2024
During 2023-2024 our funds increased from £10,641 to £59,884 . During the year no money was transferred to the PCC.
1) Annual Income by event
FY23 |
||
|---|---|---|
| Donations | £42,189 | One donationof £40,000.Othersrangingfrom £20 to£300. |
| Concert | £4,784 | King’s men concert |
| Annual Draw | £2,337 | 352 tickets sold in 2023 (down from 394 the previous year). Prize money at £750. This is not the same as thenumber inthe accounts due to the timing ofticket sales. |
| £49,310 |
2) Cash
-
At year end the treasurer holds £20 in cash - Unchanged from April 2022
-
3) Bank Accounts – All money is held in a HSBC current account. At the time of the AGM the balance is £67,138.16 - The bank instigated bank charges in FY22. In FY23 this amounted to £67.60
4) CAF Loan Account
- The £20,000 loan that has been held for several years in the accounts has been converted by the lender to a permanent donation and is included in the numbers.
5) Gift Aid
-
No gift aid claimed during the year
-
Gift Aid is pending on donations from 22-23 and 23-24. This includes for the £40,000 donation. ( around £12,000 to be claimed)
6) Fundraising
-
King’s men concert raised £4,784
-
Annual draw
7) GRDP
- The friends have a policy in place to cover data protection. This policy covers the handling of any personal information shared with the committee. This data is not shared outside of the committee.
8) Money given to the Church
- No money transferred during 23-24
9) Accounts Scrutiny.
-
These accounts have been scrutinised by Katherine Challen who has kindly audited our accounts in previous years. We have a letter from her confirming the status of the accounts.
10) The Draw.
-
2024 is the last annual draw.
-
So far approximately 146 tickets have been bought on Standing order and it is hoped will be converted to donations for future years (£2,250 including Gift aid)
THE FRIENDS OF GREAT BEDWYN CHURCH TRUST
| THE FRIENDS OF GREAT BEDWYN CHURCH TRUST | THE FRIENDS OF GREAT BEDWYN CHURCH TRUST | THE FRIENDS OF GREAT BEDWYN CHURCH TRUST | THE FRIENDS OF GREAT BEDWYN CHURCH TRUST | THE FRIENDS OF GREAT BEDWYN CHURCH TRUST | THE FRIENDS OF GREAT BEDWYN CHURCH TRUST | THE FRIENDS OF GREAT BEDWYN CHURCH TRUST | THE FRIENDS OF GREAT BEDWYN CHURCH TRUST | THE FRIENDS OF GREAT BEDWYN CHURCH TRUST | THE FRIENDS OF GREAT BEDWYN CHURCH TRUST |
|---|---|---|---|---|---|---|---|---|---|
| Income and Expenditure Account, 1 April 2023- 31 March 2024 | |||||||||
| 2023-2024 | 2022-2023 | ||||||||
| £ | £ | £ | £ | ||||||
| Income | |||||||||
| Donations | 42,189.00 | 2,198.54 | |||||||
| Grants & PCC donations | |||||||||
| Gift Aid Recovery | 0.00 | ||||||||
Open gardens teas (net of costs) |
|||||||||
King's Concert |
4,784.56 | ||||||||
| 50:50 prize draw revenue | 2,337.14 | 3,549.93 | |||||||
less costs |
0.00 | 0.00 | |||||||
| -------------- | 2,337.14 | -------------- | 3,549.93 | ||||||
| -------------- | -------------- | ||||||||
| Total income | 49,310.70 | 5,748.47 | |||||||
| Expenditure | |||||||||
| Bank charges | -67.60 | -166.40 | |||||||
Great Bedwyn P.C.C.-Roof |
0.00 | -195,001.00 | |||||||
| 0.00 | 0.00 | ||||||||
| -------------- | -67.60 | -------------- | -195,167.40 | ||||||
| -------------- | -------------- | ||||||||
| Net income / (expenditure) | 49,243.10 | -189,418.93 | |||||||
| -------------- | -------------- | ||||||||
| Balance Sheet as at 31 March 2024 | |||||||||
| £ | £ | ||||||||
| Assets | |||||||||
| Cash at bank-HSBC Bank plc | 59,884.62 | 10,641.52 | |||||||
Cash in hand with IW Bond |
19.49 | 19.49 | |||||||
| -------------- | -------------- | ||||||||
| 59,904.11 | 10,661.01 | ||||||||
| -------------- | -------------- | ||||||||
| General Fund | |||||||||
| Brought Forward | 10,661.01 | 200,079.94 | |||||||
Add net income / deduct net expenditure |
49,243.10 | -189,418.93 | |||||||
| -------------- | -------------- | ||||||||
| 59,904.11 | 10,661.01 | ||||||||
| -------------- | -------------- |
30 June 2024
Mr Ian Bond
Friends of Great Bedwyn Church Trust
Friends of Great Bedwyn Church Trust Accounts 2023 - 2024
Dear Ian,
At your request, I have reviewed the financial accounts for the year ended 31 March 2024 and have compared them to the cashbook and the other records provided to me. Furthermore, I have confirmed that the ‘receipts and payments’ method of accounting that has been used for this reporting period is still appropriate as the organisation has not met the £250,000 income threshold whereby ‘accruals based’ accounting would become applicable.
I find that suitable accounting records have been kept for fundraising activities through the 12 months.
I find that the accounts agree to the books and records and that the format in which they are presented would give a reader a true and reasonable view of the Trust’s financial results and position.
I have not conducted an audit.
Yours sincerely
Katharine Challen
ACCA Membership Number: 3488150