Published Accounts
Receipts and Payments Account for the year ended 31st December 2006
2006 |
2005 |
|||
| Notes | £ |
£ |
£ |
|
| Income Receipts | ||||
| Income from Bike Rides | 44,425 |
40,392 |
||
| Donations from Bike Rides | 205 |
120 |
||
| Gift Aid from Bike Rides | 5,111 |
3,815 |
||
| Grants and Donations | 1,730 |
2,930 |
||
| Covenants and Subscriptions | 785 |
793 |
||
| Bank Interest | 1,964 |
2,113 |
||
| Tax Repayment | 614 |
209 |
||
54,834 |
50,372 |
|||
| Other Receipts | ||||
| Loan Repayments |
3,500 |
1,600 |
||
| Total Receipts | 58,334 |
51,972 |
||
| Payments | ||||
Distribution to Churches: |
||||
| Share of Bike Ride Income (50%) | 22,152 |
20,212 |
||
| Grants | 3 |
37,700 |
22,850 |
|
59,852 |
43,062 |
|||
| Loans to Churches | 4 |
2,000 |
5,500 |
|
| Administrative Costs: | ||||
| Printing and Postage | 1,788 |
1,590 |
||
| Accountancy Fee | 118 |
118 |
||
| Miscellaneous | 251 |
157 |
||
| Insurance | 141 |
115 |
||
| Other payments | 2,298 |
1,980 |
||
| Total Payments | 64,150 |
50,542 |
||
| Net Receipts/(Payments) for the Year | -5,816 |
1,430 |
These Accounts were independently examined by Rothman Pantall & Co. A full set of the Certified
Accounts is available on request from the Treasurer.
Statement of Assets and Liabilities for the year ended 31 December 2008
2006 |
2005 |
|||
| Notes | £ |
£ |
£ |
|
| Monetary Assets | ||||
| Bank Current Accounts | 4,144 |
7,924 |
||
| Bank Deposits |
79,771 |
81,807 |
||
83,915 |
89,731 |
|||
| Bank Balances Brought Forward |
89,731 |
88,301 |
||
| Net Receipts/(Payments) for the year | -5,816 |
1,430 |
||
| Bank Balances Carried Forward | 83,915 |
89,731 |
||
| Debtors | ||||
| Tax repayment due on gift-aided donations |
228 |
408 |
||
| Loans to Churches | 4 |
8,800 |
10,300 |
|
| Other Assets | ||||
| Equipment at cost | 5 |
464 |
464 |
|
Presentation items, such as panels
|
Notes to the Accounts for the year ended 31st December 2006
1 Accounting Policies
The financial information has been prepared on a receipt and payment basis in accordance with the Statement of Recommended Practice Number 2 'Accounting by Charities' and the Charity (Accounts and Reports) Regulations 1995.
2 Trust Fund
The Trust was established on 10th September 1988 and under the Trust Deed of that date the Trustees may apply the income and capital of the Trust Fund for 'the preservation, repair, maintenance, inmprovements, upkeep, beautification and reconstruction of Churches in Hampshire, the Isle of Wight and the Channel Islands and monuments, fittings, fixtures, stained glass, furniture, ornaments, goods and chattels in such churches and of the churchyard belonging to any of such churches for the benefit of the public'. The fund is unrestricted.
3 Grants to Churches
2006 |
2005 |
|
£ |
£ |
|
| Gosport - Holy Trinity | 3,000 |
|
| Swanmore - St Michael & All Angels |
3,000 |
|
| Swathling - St Alban |
3,000 |
|
| The Hospital of St Cross |
2,500 |
|
| Hambledon - St Peter & St Paul |
2,000 |
|
| Meonstoke - St Andrew |
2,000 |
|
| Cowes - St Mary the Virgin |
1,500 |
|
| Farringdon - All Saints |
1,200 |
|
| Hurstbourne Priors - St Andrew |
1,000 |
|
| Portsea - St George |
1,000 |
|
| Wymering - St Peter & St Paul 1,000 |
||
| Alton Abbey |
5,000 |
|
| Vernham Dean - St Mary the Virgin |
4,000 |
|
| Goodworth Clatford - St Peter |
3,000 |
|
| Portsea - St George |
3,000 |
|
| Romsey - Abbey United Reform Church |
3,000 |
|
| Sandown - Christ Church |
3,000 |
|
| Brading - St Mary the Virgin |
2,500 |
|
| Chawton - St Nicholas |
2,000 |
|
| Hursley - Heathcoat Mausoleum |
2,000 |
|
| Sherfield on Loddon - St Leonard |
2,000 |
|
| Wield - St James |
2,000 |
|
| Newnham - St Nicholas |
1,500 |
|
| Sherfield English - St Leonard |
1,500 |
|
| Wonston - Holy Trinity |
1,200 |
|
| Hale - St Mary 1,000 | 1,000 |
|
| North Hayling - St Peter |
1,000 |
|
| Other grants each less than £1,000 |
1,650 |
|
37,700 |
22,850 |
4 Loans to Churches
One loan was made during the year. The amounts are to be repaid over five years.
£3,500 was received in respect of the loans existing at the beginning of the year.
The following balances were outstanding at the year end.
2006 |
2005 |
|
£ |
£ |
|
| Repayable over 1 year |
||
| Burghclere - All Saints | 500 |
|
| Itchen Abbas - St John the Baptist | 500 |
|
| Repayable over 2 years |
||
| Shalfleet - St Michael the Archangel | 1,200 |
1,800 |
| Repayable over 3 years | ||
| Medstead - St Andrew | 1,200 |
2,000 |
| Repayable over 4 years | ||
| Swanmore - St Michael & All Angels | 2,400 |
3,000 |
| The Hospital of St Cross | 2,000 |
2,500 |
| Loans made during the year | ||
| Sherfield on Loddon - St Leonard | 2,000 |
|
| Balances outstanding at the year end | 8,800 |
10,300 |
The equipment was purchased outright by the Trust during 1994. It was new when
purchased and the condition is still good. The insured value is £500.