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|Charity Information|1|
|---|---|
|Trustees’ Report|2-4|
|Independent Examiners Report|5|
|Statement ofFinancial Activity|6|
|StatementofAssets and Liabilities|7|
|Notes to the Financial Statements|8-10|
|Detailed Income and Expenditure Accounts||
|General Fund Account|11|
|Building Fund Account|12|
|Chinese School Fund|12|
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|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||Funds|Funds|2024|2023|
|Income|Notes|£|£|£|£|
|Donations and legacies|2|148,860|-|148,860|163,949|
|Charitable activities|3|289|-|289|4,466|
|Investments|4|1,599|2,745|4,344|1,630|
|Other|4|487|-|487|600|
|Total income||151,235|2,745|153,980|170,645|
|Expenditure||||||
|Raising funds||-|(63)|(63)|(62)|
|Charitable activities|5|(168,268)|-|(168,268)|(182,237)|
|Total expenditure||(168,268)|(63)|(168,331)|(182,299)|
|Net income/(expenditure)||(17,033)|2,682|(14,351)|(11,654)|
|Transfer between funds||15,407|(15,407)|-|-|
|Net movement in funds:||(1,626)|(12,725)|(14,351)|(11,654)|
|Reconciliation offunds:||||||
|Funds brought forward||411,341|566,041|977,382|989,036|
|Total funds carried forward||409,715|553,316|963,031|977,382|
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|STATAMENT OF ASSETS AND LI
2024930H|ABILITIES AS AT 3|0 SEPTEMBER 2024||||
|---|---|---|---|---|---|
|||2024||2023||
|FIXED ASSETS||||||
|Land|||150,000||150,000|
|Buildings|||137,376||107,022|
|Equipment|||15,107||16,990|
|Fixtures and Fittings|||2,285||3,055|
||||304,768||277,067|
|CURRENT ASSETS||||||
|Prepayments||1,209||2,162||
|Repayable Church Support||35,000||40,000||
|Bank Investment Accounts|12|157,569||154,020||
|Bank Current Account|*1E12 LI|469,198||507,824||
|Petty Cash||45||92||
|||663,021||704,098||
|CURRENT LIABILITIES||||||
|Accruals||2,077||2,680||
|Deferred Income||1,679||103||
|Other Creditors||1,000||1,000||
|||4,756||3,783||
|NET CURRENT ASSETS|||658,264||700,315|
|TOTAL NET ASSETS|||963,032||977,382|
|Represented by:||||||
|General Fund|||409,715||411,341|
|Building Fund
- Designated|||304,768||277,067|
|- Reserve|||248,549||288,974|
||||963,032||977,382|
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||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|
||Funds|Funds|2024|2023|
||&|&|&||
|Recorded Giving:|||||
|General Offerings|120968|-|120,968|131,101|
|Mission Donations|9,033|-|9,033|6,054|
|GiftAid Tax Refunds|10,748|-|10,748|12,961|
|Special Offerings|8,111|-|8,111|13,833|
||148,860||148,860|163,949|
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|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||Funds|Funds|2024|2023|
||Chinese School Income|289|-|289|4,466|
|||289||289|4,466|
|4.|OTHER INCOME|||||
|||Unrestricted|Restricted|Total|Total|
|||Funds|Funds|2024|2023|
|||||&||
||Interest Received|1599|2,745|4,344|1,630|
||Sundry Income|487|-|487|600|
|||2,086|2,745|4,831|2,230|
|5.|CHARITABLE EXPENDITURE|||||
|||Unrestricted|Restricted|Total|Total|
|||Funds|Funds|2024|2023|
|||&|&|&||
||Charitable expenses|167,088|-|167,088|181,129|
||Governance costs|1,180|-|1,180|1,108|
|||168,268||168,268|182,237|
|6.|SUMMARY OF NET|ASSETS BY FUNDS||||
||||Unrestricted|Restricted||
||||Funds|Funds|Total|
||||£|£|£|
||Fixed Assets||-|304,768|304,768|
||Net Current Assets||409,715|248,549|658,264|
||||409,715|553,317|963,032|
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|||Unrestricted|Restricted|Restricted|Total|
|---|---|---|---|---|---|
|||Funds|Fund|Fund||
||||Property|Reserve||
|||£|£|£|£|
|Balance brought forward 1 October 2023||411,341|277,067|288,974|977,383|
|Movement in year||(16,965)|-|-|(16,965)|
|Surplus from building fund||-|-|2,683|2,683|
|Surplus from Chinese school||(68)|-|-|(68)|
|Transfer from building fund||15,407|27,701|(43,108)|-|
|Balance at 30 September 2024||409.715|304,768|248,549|963,032|
|FIXED ASSETS||||||
||Land|Building|Equipment|Fixtures &|Total|
|||||Fittings||
||£|£|£|£|£|
|AtCost||||||
|Balance 1 October2023|150,000|203,852|68,189|28,491|450,532|
|Additions||37,908|3,250|-|41,158|
|Disposals||||||
|Balance 30 September 2024|150,000|241.760|71.439|28,491|491.690|
|Depreciation||||||
|Balance
1 October 2023|-|96,830|51,199|25,436|173,465|
|Charge for year|-|7,554|5,133|770|13,457|
|Elimination on disposal||||||
|Balance 30 September 2024|-|104,384|56,332|26,206|186,922|
|Net BookValue||||||
|As at 30 September 2024|150,000|137,376|15,107|2,285|304,768|
|As at 30 September 2023|150,000|107,022|16,990|3,055|277,067|
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|GENERA|L FUND INCOME AND EXPENDITUREACCOUNT|||||
|---|---|---|---|---|---|
|FOR THE|YEAR ENDED 30 SEPTEMBER 2024||20249,fl30SM#|||
||||2024|2023||
||||&
&|I|&|
|INCOME||tl&A||||
||General Offerings||120,968||131,101|
||Mission Donations||9,033||6.054|
||Gift Aid Tax Refunds||10,748||12,961|
||Interest Received||1,599||1,262|
||Sundry Income|fth1&A||487|600|
||Special Offerings|tIj$jax|8,111||13,833|
||||150,946||165,811|
|EXPENDITURE||||||
||Pastor’s Salary||32,086|31,152||
||Worker’s Salary||26,666|29,467||
||Pastoral Expenses||1,303|1,647||
||Pension Costs||1,761|1,823||
||Mission Donations|.i.0fl4,,tI_
twjnq|28,074|—
2,183||
||Outreach||2,852|3,076||
||Gifts||1,626|2,193||
||SundaySchool||143|90||
||Education and Training||2,075|850||
||Church Activities||12,285|11,413||
||Speaker Expenses||9.200|8,170||
||Sundry Expenses||2,121|1,942||
||Library Expenses||978|-||
||Accountancy||1,180|1,108||
||Refreshments||538|351||
||Special Offerings||7,371|13,833||
||Telephone||1,217|1,273||
||Repairs and Maintenance||3,176|15.561||
||Insurance||1,919|1,606||
||Heat and Light||9,348|7,097||
||Office Expenses||2,993|2,832||
||Cleaning||5,205|5,841||
||Bank Charges||337|322||
||Depreciation||t3,457|12,101||
||||(t67,911)||(178,931)|
|GENERAL FUND INCOME/(EXPENDITURE) FOR THE YEAR||±*|(16,965)||(13,120)|
|MOVEMENT OF FUNDS||||||
|General fund reserve brought forward||*$A*±*|411,341|404,661||
|Transfer from Chinese School|||(68)|1,160||
|Transfer (to)/frombuilding find|||15,407|18,640||
||||426,680||424,461|
|GENERAL FUND RESERVE CARRIED FORWARD|||409,715||411,341|
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|FORTHE YEAR ENDED 30 SEPTEMBER 2024
20|24930H||||
|---|---|---|---|---|
||2024||2023||
||£|£|£|£|
|BUIUDING FUND INCOME|||||
|Income|||||
|Collections|||||
|Gift Aid Tax Refunds|||||
|Bank Interest||2,745||368|
|Return ofcollections|||||
|Expenditure|||||
|Bank Charges||(63)||(62)|
|Legal and Professional|||||
|NET INCOME/(EXPENDITURE) FOR THE YEAR||2,682||307|
|MOVEMENT OF FUNDS|||||
|Reserves brought forward||566,041||584,375|
|Net surplus foryear||2,682||306|
|Expenditure - Building fund account|(43,108)||(12,840)||
|Capital expenditure|41,158||6.301||
|Depreciation|(13,457)||(12,101)||
|Transfer to general fund||(15,407)||(18,640)|
|RESERVES CARRIED FORWARD||553,316||566,041|
|CHINESE SCHOOL FUND|||||
|Income||289||4,466|
|Expenditure||(357)||(3,306)|
|NET INCOME/(EXPENDITURE) FOR THE YEAR||(68)||1,160|
|TRANSFER TO GENERAL FUND||68||(1.160)|