Statement of Financial Activities for the year ended 31° December 2024 Unrestricted Deslgnated Restricted Endowment funds funds funds funds Total Prior year funds total funds Income and endowments from: Donations and legacies Income from charitable activities (graveyard) Other trading activities (hall) Investments Transfer from Designated to General Funds Other income Total income and endowments from= £126871.23 3700.00 1185.00 2383.84 £368g.75 £2513.90 133074.88 3700.00 1185.00 2932.35 132574.93 3550.00 1765.00 2833.20 411.20 137.31 £134140.07 £4100.95 £2651.21 140892.23 140723.13 Expenditure on: Graveyard maintenance Expend iture on charitable activities Christ Church sound system Charity donations Transfer from Designated to General Funds 2328.39 128733.12 2328.39 128750.77 4800.00 6760.00 4212.80 119589.26 17.65 4800.00 6760.00 8022.00 Total expenditure: £137821.51 £17.65 142639.16 £131824.06 Net income l (expenditure) (£3681.44) (£699.05) £2633.56 (1746.93) £8899.07 Other recognised gains I losses Gains I losses on investment assets Gains I losses on revaluation, fixed assets, charity's own use Net movement in funds 219.94 297.05 516.99 821.75 (£3681.44) (£479.11) £2633.56 £297.05 (1229.94) £9720.82 Total funds brought forward £79547.67 34128.27 £990875.77 £16232.83 1120784.54 1111063.72 Total funds carried forward £75866.23 33649.16 £993509.33 £16529.88 1119554.60 1120784.50 On Behalf the Trustees Rev. Chriostoir Mac B Chairman thln William Oliver Secretary and Treasurer th Date: 28 May 2025 Page 7
Balance Sheet for the year ended 315t December 2024 Unrestricted Designated Restricted Endowment This year Fixed assets- Tangible assets Land and buildings Last year £984,000.00 £984,000.00 £984,000.00 Investment Assets RB Gen urrrust 12065.86 16529.88 28595.74 28078.75 Total Fixed Assets £12065.86 £984 000.00 £16529.88 £1012595.74 £1012078.75 Current assets - Debtors Current assets - Cash at bank and in hand Cash at bank - current account 75866.23 £75866.23 21583.30 £33649.16 9509.33 £9509.33 106958.86 £106958.86 £108705.79 £108705.79 Totals Total Assets £75866.23 £33649.16 £993509.33 £16529.88 £1119554.60 £1120784.54 Creditors: Amount falling due within one year Total Assets less C urrent Liabtlities £75866.23 £33649.16 £993509.33 £16529.88 £1119554.60 £1120784.54 Represented by Unrestricted General fund 75866.23 75866.23 79547.67 Designated Christchurch Building Fund Rwanda Fund 33649.16 33649.16 34128.27 Restricted St Pauls Building Fund Building Valuations (See notes) 9509.33 984,000.00 9509.33 984,000.00 6875.77 984,000.00 Endowment 16529.88 16529.88 16232.83 Total Funds £75866.23 £33649.16 £993509.33 £16529.88 £1119554.60 1,120784.54 On Behalf of the Trustees Rev. Chriostoi acBruithin William Oliver Date 21st May 2025 Page 8
st Notes to the financial statements for the year ended 31 December 2024 Accounting policies Set out below are the principal accounting policies which have been adopted in the compilation of the Statement of Financial Activities and the Balance Sheet. (a) Statement of Financial Activities All items of income and expenditure included within the Statement of Financial Activities have been accounted for. (b) Balance Sheet (i) Assets retoinedfor the Parish's own use The assets of the Parish, retained for its own use comprise:_ Christchurch and St Paul's Church Buildings and St Paul's Graveyard Christchurch and St Paul's Parish Centres Glebe House The Church Buildings and Graveyard are deemed to be Heritage assets as defined by the Charities SORP (FRS102). These Heritage assets are therefore not included in the Balance Sheet. Christchurch Parish Centre and the Glebe House are included within the accounts as valued for insurance purposes. St Paul's Parish Centre is included within the accounts as valued by JDD O'Neill on 14th April 2014. ii) Investments Fixed asset investrnents comprising of investments in RCB/CIT Unit Trusts are initially recorded at cost and are then subsequently stated at fair value at each year end date. Reconciliation of Cash Funds Total Cash Funds at Beginning of the year Receipts for the Year (incl. previous year debtors) Payments for the Year (incl. previous year creditors) Total Cash Funds at end of the year £108705.79 £140892.23 £142639.16 £ 106958.86 Page 9
Movement in Funds Opening ChristGhurGh Bullding Designated Incoming Outgoing Transfers Gains/losse5 Closing £34128.27 £4100.95 £4800.00 £219.94 £33649.16 St Paul's Building Fund Restricted £6875.77 £2651.21 £17.65 £9509.33 General Fund Unrestricted £79547.67 £134140.07 £137821.51 £75866.23 Building Valuations Restricted £984,000.00 £984,000.00 Endowment Fund Restricted £16232.83 £297.05 £16529.88 Grand Total £ 1120784.54 140892.23 142639.16 516.99 1119554.60 Pur oses of Restricted and Desi nated Funds St Paul's Building Fund: This fund was set up to enable the restoration and repair of St. Paul's Church. This project has now been completed and in future any funds raised will be retained for future maintenance of this church building. Christchurch Building Fund: Similarly, this fund is designated for the upkeep of this building and its grounds. 4. Transactions with Trustees The parish paid expenses of £6190.82 relating to the Rates, maintenance and running costs of the glebe house which is occupied by the rector. No trustee received any remuneration or reimbursement of expenses during the year. The following list of trustees or a person related to a trustee that had any personal interest in any contract or transaction entered into by the charity during the year is as follows: Adam Anderson Christopher Dickie Brian Simpson Evelyn Conn £5200.00 £3120.00 £2480.00 £560.00 Caretaker/Sexton Fees Christ Church Sexton Fees St. Paul's Church Organist Fees Organist Fees. Page 10