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2024-08-31-accounts
|
Page |
|
| Reference and Administrative information |
3 |
|
| Trustees' Annual Report |
|
|
| Statement of Trustees' Responsibilities |
8 |
|
| IndependentExaminers' report |
9
- |
10 |
| Statement of financial activities |
11 |
|
| Balance Sheet |
12 |
|
| Notes to the financial statements |
13 |
- 17 |
|
Notes |
Unrestricted |
Restricted |
Total |
Total |
|
|
funds |
funds |
|
|
|
|
2024 |
2024 |
2024 |
2023 |
|
|
|
|
E |
E |
| INCOMING RESOURCES |
|
|
|
|
|
| Generated funds: |
|
|
|
|
|
| Voluntary Income |
|
|
|
|
|
| Donations& Legacies |
2 |
95,826 |
16,958 |
112,784 |
220,389 |
| Other Income |
|
363 |
|
363 |
350 |
| Net Incoming Resources available |
|
96,189 |
16,958 |
113,147 |
220,739 |
| for charitable application |
|
|
|
|
|
| RESOURCES EXPENDED |
|
|
|
|
|
| Charitable activities |
3 |
(69,527) |
(44,887) |
(114,414) |
(85,997) |
| Supportcosts |
3 |
(1,554) |
|
(1,554) |
(71) |
| Total Resources Expended on |
|
(71,081) |
(44,887) |
(115,968) |
(86,068) |
| Charitable Activities |
|
|
|
|
|
| SURPLUS/(DEFICIT) FOR THE YEAR |
|
25,108 |
(27,929) |
(2,821) |
134,671 |
| Transfers between funds |
|
14,604 |
(14,604) |
|
|
| RECONCILIATION OF FUNDS |
|
|
|
|
|
| TOTALFUNDS BROUGHT FORWARD |
|
131,661 |
42,533 |
174,194 |
39,523 |
| TOTAL FUNDSCARRIED FORWARD |
|
171,373 |
|
171,373 |
174,194 |
|
|
2024 |
2024 |
|
Notes |
|
|
| FIXED ASSETS |
|
|
|
| Tangible Assets |
5 |
255,952 |
89,000 |
| CURRENT ASSETS |
|
|
|
| Debtors |
6 |
9,029 |
29,220 |
| Cash at bank and in hand |
|
47,132 |
63,327 |
|
|
56,161 |
92,547 |
| CREDITORS:Amountsfalling due within |
|
|
|
| one year |
7 |
(15,931) |
(7,353) |
| NETCURRENT ASSETS |
|
40,230 |
85,194 |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
|
|
|
296,182 |
174,194 |
| CREDITORS: Amounts falling due more |
|
|
|
| than one year |
8 |
(124,809) |
|
| TOTAL ASSETS |
|
171,373 |
174,194 |
| FUNDS |
|
|
|
| Unrestricted funds |
9 |
171,373 |
131,661 |
| Restricted funds |
9 |
|
42,533 |
| TOTAL FUNDS |
10 |
171,373 |
174,194 |
| INCOME FROM DONATIONSAND |
LEGACIES |
|
|
|
|
Unrestricted |
Restricted |
|
|
|
Funds |
Funds |
Total |
Total |
|
2024 |
2024 |
2024 |
2022 |
| Donations and legacies |
|
|
|
|
| Donations from Individuals |
78,129 |
125 |
78,254 |
60,339 |
| Gift Aid reclaimed |
17,697 |
|
17,697 |
13,595 |
| Regular Giving |
|
|
|
3,000 |
| Big Serve & GoTogether |
|
|
|
2,010 |
| Building Fund |
|
16,833 |
16,833 |
141,445 |
| TOTALS |
95,826 |
16,958 |
112,784 |
220,389 |
|
3.
ANALYSIS OF RESOURCES EXPENDED |
|
|
|
|
|
|
Charitable |
Support |
|
|
|
|
Activities |
Costs |
Total |
Total |
|
|
2024 |
2024 |
2024 |
2023 |
|
Church Ministry& Outreach |
5,406 |
|
5,406 |
7,850 |
|
Wages& Salaries |
27,970 |
|
27,970 |
30,991 |
|
Insurance |
1,464 |
|
1,464 |
1,907 |
|
Rent & rates |
12,849 |
|
12,849 |
13,111 |
|
Office & Running costs |
6,185 |
|
6,185 |
5,333 |
|
Subscriptions |
|
|
|
|
|
Accountancy& Bookkeeping |
|
1,484 |
1,484 |
616 |
|
Bank Charges |
|
70 |
70 |
71 |
|
Legal & Professional |
4,296 |
|
4,296 |
40 |
|
Leadership &Training |
4,585 |
|
4,585 |
7,432 |
|
Mission |
5,000 |
|
5,000 |
3,500 |
|
Vineyard Church Tithe & Donations |
4,686 |
|
4,686 |
3,800 |
|
Building & Repairs |
29,054 |
|
29,054 |
11,168 |
|
Loan Interest |
9,737 |
|
9,737 |
|
|
Depreciation |
3,182 |
|
3,182 |
249 |
|
TOTALS |
114,414 |
1,554 |
115,968 |
86,068 |
|
Analysis by fund: |
|
|
|
|
|
Unrestricted fund |
69,527 |
1,554 |
71,081 |
71,846 |
|
Restricted fund |
44,887 |
|
44,887 |
14,222 |
|
TOTALS |
114,414 |
1,554 |
115,968 |
86,068 |
| 4. |
EMPLOYEES AND REMUNERATION |
|
|
|
|
|
The staff costs comprise: |
|
|
2024 |
2023 |
|
|
|
|
|
E |
|
Wages and salaries |
|
|
27,214 |
30,235 |
|
Pension costs |
|
|
756 |
756 |
|
|
|
|
27,970 |
30,991 |
|
|
Land & |
Furniture& |
|
|
|
Buildings |
Equipment |
Total |
| COST |
|
|
|
|
| At |
1 September2023 |
89,000 |
4,940 |
93,940 |
| Additions |
|
157,410 |
12,724 |
170,134 |
| At |
31 August 2024 |
246,410 |
17,664 |
264,074 |
| DEPRECIATION |
|
|
|
|
| At |
1 September2023 |
|
4,940 |
4,940 |
| Charge for the year |
|
|
3,182 |
3,182 |
| At |
31 August 2024 |
|
8,122 |
8,122 |
| NET BOOKVALUE |
|
|
|
|
| At |
31 August 2024 |
246,410 |
9,542 |
255,952 |
| At |
31 August 2023 |
89,000 |
|
89,000 |
| 6. |
DEBTORS |
|
|
|
|
|
|
2024 |
2023 |
|
Gift Aid |
|
9,029 |
29,220 |
|
Other Debtors |
|
|
|
|
|
|
9,029 |
29,220 |
| 7. |
CREDITORS: amountsfalling due within one year |
|
2024 |
2023 |
|
Trade Creditors |
|
2,650 |
2,086 |
|
Othertaxes and social security costs |
|
314 |
309 |
|
Othercreditors |
|
6,686 |
4,300 |
|
Accruals and deferred income |
|
684 |
658 |
|
Mortgage |
|
5,598 |
|
|
|
|
15,932 |
7,353 |
|
|
|
|
|
|
|
| 8. |
CREDITORS: amountsfalling due aft |
er one year |
|
|
2024 |
2023 |
|
|
|
|
|
|
E |
|
Mortgage |
|
|
|
124,809 |
|
|
|
|
|
|
Unrestricted |
|
|
|
|
|
Restricted |
General |
Total |
|
|
|
|
Funds |
Funds |
Funds |
| 9. |
ANALYSIS OF NET ASSETS BY FUND |
|
|
|
|
|
|
|
|
|
E |
|
|
|
Tangible Fixed Assets |
|
|
|
255,952 |
255,952 |
|
Current Assets |
|
|
|
56,161 |
56,161 |
|
Current Liabilities |
|
|
|
(15,931) |
(15,931) |
|
Long Term Liabilities |
|
|
|
(124,809) |
(124,809) |
|
|
|
|
|
171,373 |
171,373 |
| 10. |
MOVEMENT IN FUNDS |
|
|
|
|
|
|
Unrestricted funds |
|
|
|
|
|
|
General fund |
131,661 |
96,189 |
(71,081) |
14,604 |
171,373 |
|
Building Fund |
42,533 |
16,958 |
(44,887) |
(14,604) |
|
|
TOTAL FUNDS |
174,194 |
113,147 |
(115,968) |
|
171,373 |