2024-06-30-accounts

The Vernon-Smith Church Trust Financial Statement for the Year Ended 30 June 2024 (Registered Charity Number 261207)

The Vernon-Smith Church Trust Financial Statement for the Year Ended 30 June 2024 (Registered Charity Number 261207)
Income & Expenditure Account Note Income Rent COIF Deposit Interest Total Income Expenditure Renovation & Repair Insurance Premium Total Expenditure Surplus for year before Grants Charitable Grants Edge Church Pitchcombe Church Shortfall / Surplus for year Funds b/f Funds c/f Represented by: Current Assets Lloyds TSB Bank Account COIF Deposit Account Deposit Protection Service 1 Less: Current Liabilities Rent Prepayment Accruals Property Deposit on No 1 & 3 Net Current Assets	2024 £ £ 24,767 1,838 26,605 5,086 1,052 6,138 20,467 0 10,000 10,000 10,467 74,133 84,601 £ £ £ 47,364 37,562 1,150 86,076 325 0 1,150 1,475 84,601	2023 £ £ 25,355 986 26,342 1,191 1,026 2,217 24,125 20,000 9,848	2023 £ 25,355 986
		29,848 (5,724) 79,857 74,133 £ £ 38,734 35,724 1,150 75,608 325 0 1,150 1,475 74,133	29,848 (5,724) 79,857
			74,133
			£ 38,734 35,724 1,150
			74,133

Note:

1. The charity owns three cottages in Edge, the surplus from which is applied for the maintenance of the churches in Edge and Pitchcombe. The cottages were gifed to the Trust in 1932

2. Deposits are held by the Deposit Protection Service in the joint names of the Trust and the tenants for property number one, Chloe Mercer £650, and property number three, Christopher Freeman £500.

INDEPENDENT FINANCIAL REPORT

I have made an independent inspection on the above financial statement. In common with organisations of a similar size, the Trust accounts are under the control of its Trustees and are not subject to any internal checks to ensure completeness.

I have checked the accounts for the year ended 30 June 2024 which have been prepared under the historic cost convention, to the books and vouchers and information and explanations provided to me,and I can confirm that the accounts reflect the books and records, but I have not carried out an audit.

……………………….

Nigel Barnett

The financial statement was approved by the Trustees and was signed on its behalf by:

……………………….. Robert Little (Treasurer)

……………… …………… ………………………..

Michael Sanderson (Chairman)