ANNUAL REPORT TO THE FRIENDS OF HOLY INNOCENTS CHURCH, LAMARSH FOR THE YEAR 2014
Registered Charity No 1088711
2014 was a year where our expenditure exceeded our income due to some unexpected repairs. An electrical survey revealed that the system was potentially dangerous and needed a major upgrade. The survey and upgrade cost £2388. We paid for storm damage repairs to the roof although, all but the excess, was recovered from insurers. We also paid for a building survey as the quinquennial review indicated that there could be subsidence problems. This is an on-going matter and further investigations are due. We bought a new strimmer for the churchyard and we paid for mower repairs costing £413. We also refunded some maintenance costs which had been born by the PCC.
As to the future, a building of the age of the church is always going to need repairs, as was brought home, when after Christmas, a chunk of the ceiling fell onto the area by the tower. The ceiling is due to be surveyed by the church architect, after which we will know whether additional plasterwork needs attention, and as I have previously reported, the tower is once again flaking and the lime-wash on all walls of the church is looking in need of a coat of paint. If there is a need for major works then I will, have to consider appealing to charitable organisations for financial assistance.
At last year’s AGM Francis Kenealy was appointed a Trustee to replace Rory O’brien and all other Trustees agreed to continue. However in the spring Charlotte Erith asked if she could resign as she felt that her children were taking up all her spare time. In accordance with the Constitution any replacement has to be from a subscribing Friend and Gaye Foord kindly agreed to stand in until the next AGM. I have therefore approached Rebecca Bearn, who has agreed to become a Trustee if elected. David Anderson has asked to be replaced as a Trustee, now that he lives in Kersey. However the replacement I had found has asked that his name does not get put forward as he will be spending a lot of time abroad. Therefore David has kindly agreed to continue.
Every so often it is worth reflecting on our achievements since formation in 2001. We have raised £77,617 and the church has benefitted by £66,071. I wonder how the PCC would have managed without our Charity?
We are hoping to move to Hadleigh in a few months time, and I will continue to run the Friends for the time being, but a successor must be found to take over from me before too long.
John Sparkes has signed off our accounts for nine years, but he too has now moved from the village, and this will be his last year as examiner. I am most grateful for the time he has spent checking that I have presented the figures correctly. If anyone knows another qualified accountant in our midst can they please let me know?
Mark Dawson. Treasurer. 11th February 2015
SUMMARY OF THE ANNUAL ACCOUNTS TO 31.12.2014
Income and Expenditure Account for the year ended 31.12.2014
2014 2013 Income received £3,921.22 £4,980.77 £3,921.22 £4,980.77 Less: Expenditure £4,169.43 £572.28 (Deficit) Surplus for the year (£248.21) £4,408.49 Balance b/f 01.01.2014 £11,794.59 £7,386.10 Balance c/f 31.12.2014 £11,546.38 £11,794.59 Balance Sheet at 31.12.2014 Current Asset Balance at bank £11,546.38 £11,794.59 Less creditors Nil Nil Net assets £11,546.38 £11,794.59 General Reserves Balance b/f £11,794.59 £7,386.10 (Deficit) Surplus for year (£248.21) £4,408.49 £11,546.38 £11,794.59
Independent examiners report to the trustees of The Friends of Holy Innocents Church, Lamarsh
I report on the accounts of the Trust for the year ended 31st December 2014, which are as set out above
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
• Examine the accounts under section 145 of the 2011 Act
• To follow the procedures laid down in the general directions given by the Charity Commission under section 145(5)(b) of the 2011 Act, and
• To state whether particular matters have come to my attention.
Basis of independent examiners report
My examination was carried out in accordance with the general Directions given by the Charity Commission. 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 examiners statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
• To keep accounting records in accordance with section 130 of the 2011 Act; and
• To prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
John Sparkes. Chartered Accountant
11th February 2015
The stated objectives of The Friends are, “by contribution, to maintain, repair, restore, improve and reconstruct the fabric of Holy Innocents Church, Lamarsh, including its monuments, fixtures, fittings, furniture, stained glass, ornaments, other chattels and its churchyard, for the benefit of the public. The Trustees are empowered to distribute any excess funds, which in their opinion are surplus to requirements, for the relief of financial hardship, or the relief of sickness and the preservation of health among people residing permanently in Lamarsh”
The Trustees are:
Mark Dawson – Treasurer
Andrew Marsden - Churchwarden Trustee
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