INDEPENDENT EXAMINERS REPORT
TO THE PCC OF WONERSH WITH BLACKHEATH
This report on the accounts of the PCC for the year ended 31 December 2007, which are set out on pages 1 to 18 is in respect of an examination carried out under Regulation 3(3) of the Church Accounting Regulations 1997 to 2001 (the Regulations) and s.43 of the Charities Act 1993 (the Act).
RESPECTIVE RESPONSIBILITIES OF THE PCC AND THE EXAMINER
As members of the PCC you are responsible for the preparation of the accounts; you consider that the audit requirement of Regulation 3(3) and section 43(2) of the Act do not apply. It is my responsibility to issue this report on those accounts in accordance with the terms of Regulation 25.
BASIS OF THIS REPORT
My examination was carried out in accordance with the General Directions given by the Charity Commission under section 43(7)(b) of the Act and to be found in the Church guidance, 2001 edition, issued by the Finance Division of the Archbishops Council. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering 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 I do not express an audit opinion on the view given by the accounts.
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 41 of the Act; and
· to prepare accounts which accord with the accounting records and comply with the requirements of the Act and the Regulations 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.
.
N J T GRAY BSC ACA
Date
.
BALANCE SHEET
£ £
Blackheath 1 21,156 27,168
Cemetery extension B Cook
2 25,425 24,027
Special Needs 3 4,358 3,111
Lawnsmead Capital 4 350,000 350,000
400,939 404,306
Rosemary Wedgwood legacy
5 59,703 56,585
Fabric Maintenance 6 7,322 15,927
Outward Giving 7 2,552 1,054
Fete 8 795 -
General 40,594 34,581
110,966 108,147
TOTAL FUNDS 511,905 512,453
BALANCE SHEET
Note 2007 2006
£ £
Tangible
fixed assets 4 350,000 350,000
CBF
Church of England investment at market value 11,011 10,823
361,011 360,823
LONG TERM LOAN
Loan
relating to Wonersh village shop
9 1,600 1,800
Debtors
and prepayments 1,809 5,193
Tax
recoverable 23,688 18,498
CBF
Church of England short term deposits 114,786 129,541
Cash at
bank 21,509 18,726
161,792 171,958
Creditors
and accruals 12,498 22,128
NET CURRENT ASSETS 149,294 149,830
.
Chairman Hon
Treasurer
.
..
Date
WONERSH
WITH BLACKHEATH PAROCHIAL CHURCH COUNCIL
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED
|
|
Restricted Blackheath |
Restricted Wonersh |
Unrestricted Wonersh |
2007 Total |
|
2006 Total |
|
|
£ |
£ |
£ |
£ |
|
£ |
|
INCOMING RESOURCES |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Voluntary
incoming resource |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gift
Aid donations |
9,036 |
1,400 |
127,030 |
137,466 |
|
120,326 |
|
Income
tax recoverable |
2,549 |
197 |
35,923 |
38,669 |
|
34,757 |
|
Collections,
donations and legacies |
2,773 |
|
15,918 |
18,691 |
|
25,366 |
|
|
|
|
|
|
|
|
|
|
14,358 |
1,597 |
178,871 |
194,826 |
|
180,449 |
|
Incoming
resources from operating activities |
|
|
|
|
|
|
|
Lawnsmead
Hall and Selwyn Room lettings |
|
|
7,979 |
7,979 |
|
7,921 |
|
PCC
and churchyard fees |
467 |
|
3,571 |
4,038 |
|
3,411 |
|
Fund
Raising |
363 |
|
1,192 |
1,555 |
|
450 |
|
Magazine
advertising and sundry income |
|
|
2,493 |
2,493 |
|
1,842 |
|
|
830 |
|
15,235 |
16,065 |
|
13,624 |
|
Investment
activities |
|
|
|
|
|
|
|
Interest
received |
1,135 |
1,398 |
5,278 |
7,811 |
|
7,286 |
|
Increase
in value of CBF investments |
188 |
|
|
188 |
|
1,021 |
|
|
1,323 |
1,398 |
5,278 |
7,999 |
|