NEWMARKET COMMUNITY CHURCH Financial Statements- Year ended 31 March 2024 NEWMARKET COIIIIUIIIT¥ CIIURC
Newmarket Communty Church Annual Account and Report For the year ended 31 March 2024 Lègal and admlnlstrative Infomiatlon Trustees MrDRStsff Mrs L Grwnstsr Mr J Moor8 Mr P Betzar Dr U okn50blke Reglstored Charity Number 289579 CoTre8pondence addr8S8 Unrt11 Sludk8nd$ Park Aven Nevmwrkot Suffolk C88 7AU Indopendent Examiner Data Devoh)pmeni8 FITSI Flth)r Tho Chubb 8u4dln95 Fryer Street W09rhamPton West Midlands V•V11HT Bankers Lknyds 8ank 48 Hlgh Street Newm8rkal Suffolk CB8 8LF Sollcl Bgndall and Sons Solctto 23 High Strget Newmarket Suffolk C68 8LY Church and oir Unil 11 Sludlands pa Avu0 Newmarket Suffolk C88 7AU Cont•nts knnual Rewt Examinbrs. Report Stslement of Financial Acl1wl B8IAnce Sheet Notes to the Financial Statements
Newmarket Communty Church Annual Account and Report Forthe year ended 31 March 2024 Th8 Trustees of Newmaet ComMty Cr¢h (NCC} piesenl Rewt ar#1 Accourts for the year ended 31 Mwch 2024. Ory•nls•tlon •nd Ststu¥ The Trustees durkn9 the porbd were: Mrs L Grlmstsr MrJ lknre MrDRStaff Mr P 8ekar Dr U ok01)11k8 Strudur•. Gov•rn•nc• •nd l11•nt The Charlty was èstabllshed by a Trust Dmd on 10 May 1984 and Is re18 wlth thg Charlty Commlsslon No. 289579. Th18 D88d was Ulmlaied by a Deed of VarlatM on the 8 December 1993 to ange tho namo of Ihg th4rlty to NCC lfrom N•wmkat Cth8ti8n Lifo Felkiwshlp}. The Doed was $ubsL3nlièlty amend6d win on thè 12 Awil 2009 and change was aprmed by the Charlty Commlsslon on 18 May 2(rf)9. The Tntyt D8ed sots Ixrt the #rronpmonts for appolntlng both Loodors and Tru$ta8s of NCC. NCC oporatas frcn thè thCh c•ntr6 and off8 at Unk 11 Sludl8nd8 Park Av8nu8. Nawmark8t. Sulfolk. CB8 7AU. NCC emph)y8 a part-time office admlnlstrator and a port4kn8 finan 8dmlnSstrattx for day ts> day bod( keeplng (who a180 vdunt•ers as Iho Tr•asurerl. Budget monitoring reports are wosontod •1 •o¢h meet of the Trustee8 and the Trea8urer weparos Ihe knnual Puourts. Durkng the year Mr D Staff ha8 continuod In tho rnle of Ch. Mrs L Grfmster has contlnugd In tho Trnasurerfs rol6 slnch Drntr 2020. ObJ•etlv•# Ind A¢tlvltl•# The wlglnal Obhects ol NCC 11mettY Newmarket Chrlsoan Life Fell¢A¥ship} remain uncharyed and are the athar)cement of Ihe Chrl8tlan fallh and the Tel1 of wverty. The Church Gurronlty part of the Plumbllne Ministries Ilgnlte net of churches. ChJrcw Togoihw kn Nth¥mwk818nd Di$trfcl and Is a mèmbor of th6 Evangelul AliarÉè. L(llyd ah6ad to August 2024. a8 PlumbHne Mknkntrlos 11 bg losing. NCC aro moving low¥dspwuTrJ the Ground Level nelwork. NCC opens tts mo•tlngs and makes Its facllllles avallabb to all sectoTr of th• communty. Th• building is in reguLqr use by Several communty groups (e.g. Akxjhollcs JnyMuSI other Chri¥tSan organlsation5. FriNn tIme•ttI NCC a150 h05t arva meètings for organisations such as Plumblln8 Ministnes I Ignrte I Communty Grwp Leaders and Newmarket al Dtstricl Youth for Christ. NCC Continu to havg ex¢ellgnt relaticmships wilh bcal rnInty n8IghtKrS on stj18nds Park wkkng wilh the studIaj8 Park R08klents A880c. The Church gave away 10.4%112.4% in 222123) of its offeriigs Income {KknJlng Glft Akl recoveredl to SUFWt missions in )fietnam and in the UK. It also supports other local Christian groups and Is vldenkng cortk)n$ *llh vartous Cc#nrnunlty suPw groups, meetlng sevgral tirn a yoar.
Newmarket Communty Church Annual Account and Report Forthe year ended 31 March 2024 A¢hlov•m•nts and P•rfornianc• Many new inmiatives have tt)ntinued to devèk&P. Tha Make Lunth project is ntw well 98tsWi$hed and has $8en increasww numbef5 offamlies benefiliThJ fromthe hot meals aThJ fun activibes provided during the school holidays, welcoming up to 9 families to ben8fit from this SUP1. Tha Parent and TOddr group 18 akn growlng and wekcThs all pwonts I carers wlth tcJdleTS wook. Tho WellbgSng Wednesday group is also wel eStatIShed and 0rateS 10am-12noon each week mainty during school tgrm lime. There Is SOI an onlin8 Ilnk to churth Sorvlc8s clwrch mwtkngs for th050 prefethng to loln from home. Mithvoek groups and Church Mlg$ arg n¢yw o mix of in pernon and orllne vl8 Zoom. Sunday 8eTrlce numbers have rema1n&18tab. Durfng the year NCC regularly has nèw 8ttendee8 and m8ny have attended the NCC 'FindirvJ your Place, coJrse. Regular VIng wa5 511ghlly hh3her than last year and better than budgeted al th8 stsrt of thè year. The trusts8s monrtor th6 budget ch)60 througt)ul the year, maklng adjustrnènts as necessary and kn9 gc)d control on èxp6n865. Tho leadors and tru818e8 contlnuo to V•oth cw with Clarn a8 Pa#tor. Cbre has o dgor vlBI(Xb for thg ¢hurch and worf(Ing vlth the local CoMnIty. Flnanclal Revhw The Tfuslees approved a Wel for 2023r24 of £17.057 d8flctt. Tr flnal posltbn was 8 surplus of £5.227 This was achieved as a r8sLFIt of hLqher than expoct8d giving Bnd a th1 ¢trol of spgrbdlng 8lono with extr8 staff mombgr $1 in LA9(. staff mombgr not yet gppointed. We had Some large rnainlgnance oxpgnses th1$ year.. our Indc4)r areo bglng fulty decorated, one ry)om and stslrs c8rpetefl, ond now energy saving IKdhtsng aThJ vanous electn.cèl woth completed, Ihls resulted In slightty hhor costs than in ow budw fcKecasl for the year. Our Make Lunch wicome was higher th8n expenses during the year, due lo gan6rous donatknn$ r8c6bv8d. Thls bèlanee {£3.5441 Is held withln the rastrided Maké Lunch lund to be used fry Make Lunch gxp8nses w wlod. M081 regular L8 recefved by standing order and alTr 75.6% of gng wo8 Gfft Alded. Thg Truslges dolY mwltor the budgol at 08th nn9. The Lease wa8 renewed in Juty 2022 {effectNe October 20221 aThJ runs to S8ptsmhr 2032 wlth an Increased rent al £15,000 per year. next rent review due 2027. The landlord pays tho annual buildings In8uranc6 prèmlum of £400 pa. W the lease was levminated NCC have reGeivod confirmatlon trorn our Landlord that no compensalbn paynwl wouki be payat48 10 (x)v8r lh8 costs of putUr4J Ihe buMdSng back to Iha conditM)n il was in at the time the orwal18awl was 6ignBd. RM•rv•s NCC h85 a p)liGy of Tetsining Iwo monlhs rumlng costs1£15.0(Kl) as a minimum In unrestrlcted reserye. NCC has total unrestrhxed reserve ofjust oyw £82,787 and £5,233 hekl kn restricted reserves (see the Balance Sheet)
Newmarket Communty Church Annual Account and Rewrt For the year ended 31 March 2024 Ralated Party TraathIn5 Donations fr(wn related partles ffrusle8s) dung the year £6.383 and woro appliad to Ihe Goneral {unrestrfcted) fund. Saleguar(iing The thur¢h h8s a delaiw safeguardir poScy and conslders that it has mèt the requirements of the Chartty Commlsslon Guhl8nce on Safaguardlng arwj PrOts"n9 po(We. Futurn Pl•n8 AJI 8ervkos ond churth èvents aro iw>8rson. and some b8lng streamed 8evwal megtlng$ remaining on Zcom. Working d05ely bwth olher loeal communty gfOUPS bèaders, NCC are looking at how the Church can further support f8mlles in tre Icvl . Our annual Party on tho Graen is our fo¢u8 forJune 2024 and be free ofthargo to local residents. We aro aclN8ly seeking an &nthu$iasUc and Commtel Chiklron and Famllk8 workor to c#y)rdinate and grow our 8stablh8d chlldrèn'8 ministry worklng 1 &20 hour8 a wg9k. 8t•t•m•nt of Tw•t•ts' R••ponlblllll•• Law appllcabl8 to choritios in England & wal r8quire8 the Board of Tru8le8s lo preparo th8nc481 8ts1emonts for each fina181 year which give o tru? and fair TrA8w of tho charlty'8 finandal actlvths dung the year and of its financ1 posltyon at th8 end of ts fflnandal y8ar. In preparfng tho88 ffinanciol 8tstements whlch glvo 8 true and falr vivw, the Board of Ttee8 folky best practice 4nd'. Selects sultsblo accounliryJ Pol8$ ar thn appr5 Ihom conskltenty, Makes ludgrrnts and eslimales ar8 reasonab aThJ wudonL Stales whether applkable aGcountlng $taTrJards and statements of recommend•(I prnctke havo been loll¢)wJ, subioct to arby dep8rture$ discknsed and exploimd in the flanOI statements. Prepares the fflnanGial ststemnts on thé gdrJ conrn bo818 unless tt Is knappropriale to esume Ih81 the choty wll contlnue 10 4weTate. The Tru8ts88 are r05por¢iblè for keoplng propor aCcnrj records whlch disc1 with rea8onablg aocuracy the financlal Positic of Ihe Charity and which enable them lo prepare finanual stalamenls whkh cornp with the requlrgments of applicable low and regulabons. Try arè algo responsible for safegu8rding tho assets of the ch8nty and hence for taking rgtsonable steps lor th6 prevention and detertion of fraj and other irregularili88. Trustees aro also TesponsitAe for tho contents of the Twstee$' report, and the reSnSIb11ty of thè IndePendt Examiner in rd8th lo the Trustees. reFh)rt ts Ilmite(I to examining the report and wtsurlng that, on the face of the report, there are no inconsistencies with the figures dBch%8d in lh¢ financial statements. Signed on b8hall of the Trustees, Linda Grimstèr- Trea8ur9r
Newmarket Community Church Annual Account and Report For the year ended 31 March 2024 Ind•p•nd•nl Examln•V R•wt to th• TnNt••s of lh• Nowmth Communlty Chur¢h l rep on the actnts d the church for tho ond8d 31 Marth 2024 thich are 801 out on pages 6 to 13. Resp&tfvo Rosp)n81bllftl88 of Trtte88 and Examlner Thg church's trustees are Tps1)he for the preparat1( of thg arxounts. Th8 thurch'8 tfUSte96 consider that an audit 1$ nL reqred thls year der secikn 144 (21 of Ihg Chariugs Act 2011 (the 2011 Act) and th81 an indeper41enl examkwtknn is eded. It IB rny re¥pon8ibilty to: Examlne the accoLwts lundar $¢eti145 ofthe 2011 Act); To foilow tho yocedurgs laid (lthvn In thg Genoral Dhclhm lh8 Chadty COls610n815 lurMl8r 80Ctkn 14S15} Ib} of th9 2011 Act): and To state any parl•%lar m8tt•rn hav• (ximé to my ottgntK)n. B•#l• on kn(hwnd•nt Ex•mln•rf• R•port My Oxamlnallon wa8 carrf•d out in a¢cordaThx Tlth Ihe g•Mral by th& Chgrfty Commission. An exannatIon iudg$ a reviw of Ihe ac£x)unllng r•c¢nls kopl by th8 charty and a compw180n ol th6 èecounts pres¢nt•d with Itth• records. tt also Inthdes eon$ideralw)n of any unusual Itèms ry disdosures wi Ihe accounts and tsxpknal)ns from lh8 tw$t•os ctsK•rnkKJ aty #wh mgttorn. The pred(£S undertaken not providg 811 of the evKlence that wouhj b8 roqulr8d In an authl and consèquonty no opink)n bs kivon as to thether the accounts rrt•80nt • In lalr wevl and the report L811rnitod to tlTho maltW5 set oul kn statement bèk)w. 1rn1gpendonl examkn•rfs 8ts1omont In conn8ctkn vAth my wmlnation. no matter ho8 come to my atten1k. 1. Whl¢h gfves me rea80nabl8 c4u88 to b8M8¥0 that malorial respect the roqulrements To acKounvJ re(x¥d8 In wlth 8oction130 ofth• 2011 Act.. and To prnparn 8cc4)unt8 whkh accord vAth •¢tsxmtkng r8cLYdJ and compty 4th th0 accounllry rowirements of 2011 Act have not boon mg1'. or 2. To tthlch, In my op4nlon. attenkn shId have bwi drthvn In xder to • F>TOP LffKlerslandkvJ of the accnts to be fèached. Stephen Hen 23td Juty 2024 Dats 08vebpmon18 Flrst Floor, Th8 Chubb BuihJlrw. Fryor Styg9t. Wolvefhampton, W¢51 MfvJlaThJs Vl411 IHT
Newmarket Community Church Annual Account and Report For the year ended 31 March 2024 Statomwrt ol FlnanGlal A¢llvlti•s for th• year endod 31 Mar¢h 2024 Totsl Pthi y••f coming ffe8OLWC•8 omyn•rthd •Jrnl8 V0rtary incofflq IMstm8nl incL Ineorrire fromchath• xtMU•• Other irtoming r•loU•• T1 In¢omln9 r•M>iwc 05,361.67 8.715.44 7342S 1550 M 1A. 91.137.11 &1.720 99 12117 5.198.50 4.W.00 .645S2 10WA4 90913 e&040.76 ChariiilA• ictr•1 Gram8 Pw4tA• Sund•y S¢Mc•• ind lJh•i SuFPrt Costs Gtr•mirt• cog1$ Totsl •Md 8.440.00 7,80625 39.S96.09 2.762 32 35.240.41 309.77 1.008.33 162462S 16.080.00 42.358.41 39.562.24 3S.SSO.18 19285.Y2 1.008.33 2.242.Xl 95.16k17 76.9eoA6 iOm.34 J61m . 610.90 ¢>Di# tfW)•hr• bIOn LK M•t InwmlwJ l xffjolnq b•lw• th•r yln•l Io•M• 4J61.09 . 610.vj 17x1.19 9.060.30 GI$ I loss•• on Thwdtrrnrt M••t• Gains on rMhJ*ion. a68•t4. ug• 1.476.65 1,476.65 .74 90 T•thl broyghl lor¥M Tdttl ldI ewrf•d fon¥wd 76 793A7 13 73J.17 793A7
Newmarket Community Church Annual Account and Report For the year ended 31 March 2024 Bo1•1b sh••t •• at 31 March 2024 0131 Uoreh 2024 •t 31 M•rth 2023 TangiNa 88•t8 D•btorn Cash * bmk •KI in hd io 1.362.63 83 378.12 84.740.7S 1.139.LlO 80,872.45 Uablllll•g Cfodot8: I1 dul in on• y••r 11 M•t<u•ThI l•M cww•nt Il•blllll•• 734.10 79 394_10 T•tsl aM•ts 12 02 793.47 Urrfe8trict•d- Gon•rnl JNKI RMtri¢t•d Funds F¥nd• olth• elmwch 13 13 82.787.68 76,949.94 82 793.47
Newmarket Community Church Annual Account and Report For the year ended 31 March 2024 Not•% to th• accounts for the y•ar end•d 31 March 2024 1. Accounting polid Accounts Pr•par•tlon The financial statement5 have been Pared kn accordance vlllh all appae accounung 8tand8rds, as modrfied by the 2005 Rslon of the Statement ol Recommended Pfattl ftjr Accounung and Reporting i%sued by the Charity Comn8910n&r3 for EryLfjnd and Wakn, effective April 2005. Th accounts have been drawn up in accoTdarKe wrth the provisions of the Charities Act. The charty h8S tokon advantage of the exempth)n in Fnandal Rowlmig Standard No 1 frrAn requir8m8nt to produce a Gash flow statement. The partlcuiar ac¢ounlng polici88 adopled ¥e set oul belch¥. Thè flnanclal 8tatsmonts we prgpw¢d M a golng corKem b8sb. und8r the hbtcthal cyJ81 convonllon. Incomlnq Rre Incom8 from donatlons and gifts is rownls6d whon received. Inwio Tax Recoverable on Glft Ald donations recognis6d en the income to whith ft rala16s Is recognl8ed. All other in¢ome Is accountod for on a receivable basls. Inv•4tm•nt InGom• 8ank Intera8t18 Induded In the a¢¢ounts on ts basLs of whgn it roc4l¥ed. Ch•rltsbl• Exp•ndllur• The gxpons68 of the Charity are aGectht8d for on an accnwls b•$18. ar provlsion is m•do h) the flnonclal stalernents for known liabilibes èxists'ng at the balan¢e sheet dale. Grants and donallon8 are acCoted l¢ywh8n pakjover. or when awarded. If thal creates a bin(IwvJ ¢)blyatbon on tho TFU$tees. Flx•d Au•ts •nd D•prncl•llon Tangible fixed as8ets are ststed •t eost1885 depreciat1. Depredatlon18 provldgd ffi tsmlding improvements and equipment hehj by the tharity Bt th8 folb)wlng rates based on the e9tim81ed useful life of the fixed ossets'.- Computer equlpment PA and Other gquipment Leasehold promlsos 3 ygaTS l$tra*3ht Ie basis) 5 ygars {straWt Ilne bas18} 5 years Istraight Ilm basls) A part y88r's depreciatKJn 15 charged in the year ol purchase aThJ none in year of di5P05al. T Trustees potscy is not to capitsl¢se any gquipment purchase co8n9 less than £200. T•x•(itin No provisKfi has b88n made in Ihe AuntS for taxatlon as income ha5 been red or gains made other tsn those exerryted fr1 tax thafilies under Section 505 ofthe Taxes Act 1988.
Newmarket Cornmunty Churth Annual Account and Report For the year ended 31 March 2024 Fund• DNferent categorles offund h•¥0 recognb¢d kn Ihw Unrestrkted [dS are th089 that are ava118blo for 6xpK[lIur9 al the discretion of TnBtee8 for any of the objects of Charty. Re$trictod fwKIB arv Ihose whern the donor has placd Sp rnstthxlons on th8 u68 of the funds donated. The Twt•es rngularty the level of tgsw4e$ lo enswe that suffiGignt fvThJs hekj to regular and conclud commitments and tt@ arisin9 from othar obligation8. HavThJ regard to the abjvè, Ihelr poky 1$ to malntain free reserves of £15.Crf)O, bery apkyoximatety 2 OUtgoiry$. L Ineomkng Il•Kwrt••lmm G•Id FuAd• 2DW Trt2 4A1 ¢JThnr4 Inc¢Th Iw Fwdj 9Jr 71.506.14 13.3S3.53 59.709.n 11.668.26 65.361.67 71.620.99 rrth• wJ Ohr Or4lGr•illB P•rtn•n in W'••ion &1• M•k• Lwch DOOM4 In¢¢ffl• T•x rncw4r•d on th'••in Gth• cgffl• rncw•d R•kni¢t•d Gltl 12fr).LMI s.4. 6fyJ.(lJ 1.370. 4SO.iVJ S.Y25. 1207.94 1.4ei25 16125 8.7TS.44 9.1CII.00 Tsxal 94.137.11 Unr•Mrlcthd Fun HJlVroom Lettsros 2,4SO.(¥I 3236.SQ 1550.Q] 3236.50 M8k8 Llmch 1.491C 1,%2.00 5 198.50
frlewmarket Community Church Annual Account and Report Forthe year ended 31 March 2024 4 Ch•rknbl• A¢a¥l lknr•¥tiicknd Funth '5gion Pqrtnery 3.OtKI.oo 2.400.00 1.000 CKI 2 010.rii iuJo.00 2.400.00 1.000.00 Yoth ts Chrigl Migqb]n Suprth Genernl 8840.LX 8.440.00 P•rtnern 14"P 7.406 6.850 00 600 00 7,006.25 16 246.25 7.4.00 15 89).CM) 5. SufA•y S•r¥k•• •nd Oth•rAdhllkns Swd•i S•r¥k•• •Hd Cth•rAthM PA018 Salwy. EffWDyrf8 M and . M• NrA• I Tmql and Corf•MrK• f••1 Vwrting Spiknr G•l• R•nt ol Lknrt 11 Oth Hn ch•ry•8 Pr•nug•$- tw•t•r. Ibt he. rnlvd. T•KhintyCroft mat•rid8 R•fr•shThrrtWC•l•rwo Makn 11.970.10 E•s.00 300.00 15.000.00 4,387.40 61.13 26&.68 11970.80 16.970.00 605.00 3fy3.00 0.00 15.OLb).00 12,912.50 4.367.48 4.10e.10 64.13 268 68 501.35 2 762.32 2 762 32 2 21516 39 S96.09 2 16132 4 356.41 39 Suppw Co S•. NL40 1 Trninin9 Cr F Insurnn¢• Builth'n9 M•irttn•nc• Furnitur• ind TIlWDn• &Dthid eo rr CDSIB PhDtOCOFier Co811 clnty M#•ri4• Post•98 st•ry ard Oulrn•ch Co•1• Sub6Cl@$ c•nu8 Oth•r guThniTrg ExweB 6Jnk ChErye8 Payroll Sr¥K Dew•cI10n- E(pj1•rf Dep•cbsti'on. L•asqhokl Pmprty DepYectiofft. C•W 8.559.00 f.00 970.OB 17236.$0 883.83 8.SS9.00 8.016.00 60.00 235.00 97Q.Oe 898.44 17236 50 2,629.74 J)9.77 1.193.60 49).76 77124 768.ryj 22.79 19524 883.65 3.61 110.64 1A83.17 1,341_73 610.51 478.41 977.63 721.87 214.35 77124 768.00 26627 10.06 1,483.11 610.$1 9T1.63 214.3S 60.00 1.80 B31.74 111. 1207.74 111. 120T.74 549.57 Al $49.67 309.71 35 550.18 19 659.60 io
Newmarket Community Church Annual Account and Report For the year ended 31 March 2024 hJepondBrt EXWn5 Fo• L•gd F•• Mions 4Jto ErwDIknBrt Child Prt4•dion $30.00 $30.00 1251.00 600.00 478J3 478.33 348.30 30 &14ri0* 27.1Sg.ts) 28.616.00 En¥4oy•f• Con1rtltffj• 370.80 370.80 27 9. Flx•d A#•ts Ctynpul•r PA a Oth•r L•••ghold Ewlsffjonl Equlswn•rf fvomll P&L Total th8W18al Cort Banc9 trfought fonmrd Addition8 Di8PO8115 Blanco caffiod 2,n8.80 40.495.77 0.00 2.425.04 0.00 -16 9.S1 2 728.80 26 661.30 8.141.00 $1.355.57 0.00 2.425.04 0.00 .16 259.51 8 141.00 37 531.10 1,476.65 Dpprncladon Banc0 brotpaht fofwwd Chargo for the ygai Di8lX18118 Balan¢• ¢•rrnd forward 1179.13 37.64&07 549.67 1.207.74 0.00 -16 6.17 1720.80 647.64 .141.00 47,96620 0.00 1.757.41 0.00 .16 D6.17 141_00 33 51T.44 N•t book valw 31 MDrch 2024 0.00 4 013.66 0.00 book Tnlw 1 Aprll 2023 549 67 ThK¢ b• lfpffiM •how o_oo 3 399.37 li
Newmarket Communty Church Annual Account and Report For the year ended 31 March 2024 GThl "d hei 1.362.53 1.139.00 1139.00 11. Cr•dlto nry Crdhcts'ts 734.10 rJ4.10 78.35 11 ol ••••l• •nd Ilqbllllm r•pr•wth¥ ••ch olth• Cty.• A¥ ot J1 IA•r¢h Fiud A8Jetg CuTh•nl As¥o18 Cull•M Li•bAitie8 Tol•l N•t A•¥•ti l••• LLg1thth• 4,013.66 0.00 4.013.66 79.390.62 5.350.13 84.740.75 616.60 117.SQ 734.10 62 767 68 S 232.63 88 020.31 A• rt l Ayll 2023 Fixgd A88•t• cuTrt Curr•rt Liat•'kti•J 3.395.37 3,399.37 74.912.67 5.959.78 80,072.45 1362.10 116.25 1.478.3S 76 949.94 6 843.53 793.47 13. kknm•Tht In Fund# BolthK• ao lrtomlng Trand•rn B•lanc• ot 314l•r14 R••trlct•d F¥nd&'. Stahrtory FuThJ Communty Fund Chiklren8' Woth Fund Mwrdship Fwd M8k8 Lunch PHrtno18 in Misiion Fund 10.00 248.90 675.70 1,153.7S 3,755.18 10.00 248.90 675.TO 753.75 3,54428 400.00 3.072.09 6 8SO.00 9.711.79 10.322.09 2.861.19 S.843.53 5.232.63 Gonerol F¥nd 76,949.51 90.122.57 84284.83 82.T87.68 T•X•l 82 793.47 99 833 76 94 606.92 68 020.31 14. R•lat•d Party Tn&tIOn• Mrs Linda Grimster •$ Churth Flnance Admlnlstraior arKI a TNstee was pald £3.666 In total for 2023- 24. 12
Newrnarket Community Churth Annual Account and Report For the year ended 31 March 2024 15 Prlor P•rlod ComparatlY• SOFA ststom¢nt of Financial Aclivities for the year ended 31 March 2023 unr••tr1ct R•strlct•d Endowm•nt Totsl furKIs fund5 fund• fund Pdorygar total funds Incomlng r•aourc• Incomlng resourc•s from g•rmt•d fvnds V(thJntsry Incon Acbyitw for g8nefating furxls Inveslment Inc4Jm 71.620.99 9.1¢JJ.C#) - 80,720.99 TT.142.C¥) 121.27 12127 3,236 1.962.iN) 5,198. 4.512.28 1630.00 - 88,040.78 83,290.48 Oth•r In¢ing re8ourrn8 Total Ineorn• 74.9n.76 11.Ilf.oD R••our¢•• u••d Cost ofgonerallThJ fundg oll ol g•nwo1kng vobJiory knco Fundrawrq tradiry cost ol p)od8 801d 8ThJ Grnnts Pvyab 8,440.00 7.450. Sunday S•Nk•8 and thorknbvib 37.346.98 2.215.26 SupFKYt Costs 19,138.83 147.09 2.242.30 15,890.frJ 18.490.00 - 39,562.24 34.833.11 19,285.92 24.778.87 2.242.30 1.882.15 Govemance c08ts Olher r•wurrA8 ed Totsl •xp•ndltu 67.118.11 9.81135 . 76,980.4• 79,964.13 N•t Incom• I I•Mnd1(•1 Y•Murc•• b•ftr• trMf•r Trnnsf•r• GTOSS transfors behyeen fuThls- Gross tr4n8fws b•h¥éon funds- oul l)th•r r•c¢gnlMd g•ln• I1g•••• Galnsnosses on Inveslment ass•is Galns on rw8lu8Von. ld Ass•ts. r*8nty'g ownu N•t moY•m•nt In fvnd• 7110.65 1.249.15 9,060.30 3,326.35 7110.65 1.249.65 9,060.30 3.326.3S Total fvnd• brwght lovrd 69,1392• 4.S•JA8 - 73,733.17 70,406.82 Total fvnd• c•rrl•d lo41d 76,949.•4 5.843J3 82,793.47 73,733.17 13