Published Accounts
RECEIPT AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2008
2008 |
2007 |
||
| Notes | £ |
£ |
|
| Income Receipts | |||
| Income from Ride and Stride | 39,678 |
44,495 |
|
| Donations from Ride and Stride | 428 |
205 |
|
| Gift Aid from Ride and Stride | 6,848 |
7,315 |
|
| Grants and Donations | 658 |
345 |
|
| Covenants and Subscriptions | 793 |
778 |
|
| Bank Interest | 2,002 |
2,581 |
|
| Tax Repayment | 192 |
199 |
|
50,799 |
55,998 |
||
| Other Receipts | |||
| Loan Repayments |
3,200 |
4,100 |
|
| Total Receipts | 53,799 |
59,998 |
|
| Payments | |||
Distribution to Churches: |
|||
| Share of Ride and Stride Income (50%) | 19,449 |
22,174 |
|
| Grants | 3 |
44,000 |
29,100 |
63,449 |
51.274 |
||
| Loans to Churches | 4 |
4,000 |
2,500 |
| Administrative Costs: | |||
| Printing and Postage | 1,667 |
1,684 |
|
| Accountancy Fee | 118 |
118 |
|
| Miscellaneous | 327 |
901 |
|
| Insurance | 144 |
141 |
|
| Other payments | 2,298 |
||
| Total Payments | 69,705 |
56,618 |
|
| Net Receipts/(Payments) for the Year | (15,906) |
3,380 |
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
2007 |
|||
| Notes | £ |
£ |
|
| Monetary Assets | |||
| Bank Current Accounts | 485 |
4,843 |
|
| Bank Deposits |
70,904 |
82,452 |
|
71,389 |
87,295 |
||
| Bank Balances Brought Forward |
87,295 | 83,915 |
|
| Net Receipts/(Payments) for the year | (15,906) |
3,380 |
|
| Bank Balances Carried Forward | 71,389 |
87,295 |
|
| Debtors | |||
| Tax repayment due on gift-aided donations |
166 |
187 |
|
| Loans to Churches | 4 |
8,000 |
7,200 |
8,166 |
7,387 |
||
Presentation items, such as panels
|
Notes to the Accounts for the year ended 31st December 2008
1 Accounting Policies
The financial information has been prepared on a receipt and payments basis in accordance
with the Charity (Accounts and Reports) Regulations 2005 and following the principles of
the Statement of Recommended Practice 2005 "Accounting and Reporting by Charities".
2 Trust Fund
The Trust was established on 10 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, improvements, 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
2008 |
2007 |
|
£ |
£ |
|
| Blendworth - Holy Trinity | 5,000 |
|
| Hunton - St James | 4,000 |
|
| Beaulieu Abbey | 3,000 |
|
| Cheriton - St Michael & All Angels | 3,000 |
|
| Cosham - St Philip | 3,000 |
|
| Copnor - St Cuthbert | 3,000 |
|
| Old Bughlere - All Saints | 2,500 |
|
| Smannell - Christchurch | 1,600 |
|
| Emsworth Methodist Church | 1,500 |
|
| Havenstreet - St Peter | 1,500 |
|
| Alton - St Lawrence | 1,000 |
|
| Southsea - St Jude | 5,000 |
|
| Crofton - St Edmund | 4,000 |
|
| Portsdown - Christ Church | 4,000 |
|
| Amport - St Mary | 3,500 |
|
| Hinton Ampner - All Saints | 3,000 |
|
| Portsmouth Cathedral | 3,000 |
|
| Romsey Abbey | 3,000 |
|
| Whippingham St Mildre | 3,000 |
|
| Trinity, Hersey - Ebenezer Methodist | 2,500 |
|
| Easton - St Mary | 2,000 |
|
| Froxfield - St Peter | 2,000 |
|
| Silchester - St Mary the Virgin | 2,000 |
|
| Freshwater Bay - St Agnes | 2,000 |
|
| North Stoneham - St Nicholas | 1,500 |
|
| Herriard - St Mary | 1,500 |
|
| Thruxton - St Peter & St Paul | 1,000 |
|
| Leckford - St Nicholas | 1,000 |
|
44,000 |
29.100 |
Notes to the Accounts continued
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.
2008 |
2007 |
|
£ |
£ |
|
| Repayable over 1 year |
||
| Medstead St Andrew | 800 |
600 |
| Repayable over 2 years |
||
| Swanmore - St Michael & All Angels | 1,200 |
- |
| The Hospital of St Cross | 1,000 |
800 |
2,200 |
800 |
|
| Repayable over 3 years | ||
| Swanmore - St Michael & All Angels | 1,800 |
|
| The Hospital of St Cross | 1,500 |
|
3,300 |
||
| Repayable over 4 years | ||
| Swanmore - St Michael & All Angels | 2,400 |
3,000 |
2,000 |
2,500 |
|
| Loans made during the year | ||
| Old Burghlere | 2,000 |
|
| Balances outstanding at the year end | 8,000 |
7,200 |