Buckle Methodist Church Receipts and Payments Account for the Year Ended 31 August 2021 2021 2020 Note Incoming resources Incoming resources from generated funds Voluntary income Activities for generating funds Investment income Total incoming resources 29,997 2,835 28,430 3,744 32 832 32 174 Resources expended Costs of generating funds Fundraising trading: cost of goods sold and other costs 51515 61969 Total resources expended 51515 61969 Net incomingl(outgoing) resources 18 683 29 795 Net movement in funds 18683 29 795 Reconciliation of funds Total funds brought forward 46 180 75 644 Total funds carried forward All incoming resources and resources expended derive from continuing activities. The charity has no recognised gains or losses for the year other than the results above. The notes on pages 6 and 7 form an integral part of these financial statements. Page 4
Buckle Methodist Church Balance Sheet for the Year Ended 31 August 2021 2021 2020 Note Current assets Cash at bank and in hand 27 497 46 180 Net assets 27 497 46 180 Total charity funds 27 497 46 180 l9J,I rus ee Page 5
Year Notes to the Financial Statements for the Ended 31 August 2021 1. Accounting policies The financial ststements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities (SORP 2005),, issued in March 2005, applicable accounting standards and Charities Act 2011. 2. Voluntary income 2021 2020 Donations and legacies Bequest Committed giving Donations Gift Aid tax reclaimed 5,650 22,510 270 23,464 6533 430 3. Activities for generating funds Other income 2835 2835 3744 3744 4. Investment income Income from investments 25 000 Page 6
Buckle Methodist Church Notes to the Financial Statements for the Year Ended 31 August 2021 Total resources expended Direct costs 2021 2020 Circuit Assessments Employment costs Establishment costs Repairs and maintenance Sundry and other costs 36,619 31,097 90 2,713 23,472 3671 61043 1,094 2,839 2834 43 386 Support costs Establishment costs Subscriptions and donations 5,815 2314 8129 461 465 926 51515 61969 Trustees. remuneration and expenses No trustees received any remuneration during the year. Page 7
Buckle Methodist Church Independent Examiner's Report to the Trustees I report on the accounts of the Trust for the year ended 31 August 2021, which are set out on pages 4 to 7. Respective Responsibilities of Trustees and Examiner The trustees are responsible for the preparation of the accounts. The trustees consider that an independent examination is needed under Section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005. It is my responsibility to: examine the accounts under Section 44(1)(c) of the Act and state whether particular matters have come to my attention. Basis of Independent Examiner's Report My examination was carried out in accordance with relevant legal and regulatory requirements. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the statement below. Independent Examiner's Statement To the best of my knowledge and belief: (a) The Trust is eligible under Section 7(1) of the Charities Accounts (Scotland) Regulation 1992 to choose to have an independent examination instead of an audit. I do not express an opinion on the view given by these Financial Statements. (b) The Financial Statements have been properly prepared from the records of the Trust, which have been kept in accordance with Section 44{1)(a) of the Charities and Trustee Investments (Scotland) Act 2005 and Regulation 4 of the Charities Accounts (Scotland) Regulations 2006, and are in agreement with them. (c) The Financial Statements comply with the requirements of Regulation 9 of The Charities Accounts (Scotland) Regulations 2006. 301,,1, FCCA Taxwright 65 Moss Street Keith AB55 SHE Page 3