Bell Repair Fund Treasurer's Report

2004 was another satisfactory year, culminating in increased assets, which will enable the Fund to help more bell-related schemes in the diocese.

Most items under 'Income' show a lower figure than last year.  The major exceptions are a generous bequest from the late John Marshall, PCC Affiliation Fees and several handsome donations.  One such was from a member charging the commercial rate for making a traditional church door key, taking out the basic costs of materials and donating the rest to the BRF.  Another example is a family spending a holiday in the Peak District.  Having received a happy welcome at each tower they visited, they sent a donation to the Fund.  A different kind of donation was received from one tower, where several members sent one Christmas card to the tower and gave to the BRF the money they would otherwise have spent on cards to everyone else.  There was a pleasant bonus when several of the donations were Gift-Aided.

Regular donations are included under 'Fund Raising' and listed in Note 1.  The bookstall, the Sherbourne Teaching Aids booklets, the Chesterfield District's annual quiz evening and the car treasure hunt continue to support the Fund.  A noteworthy item is the all-district one of ringers' teas: this year these brought in nearly one hundred pounds. The last, and by no means least, is the '£ for £.' item.  This is a matching donation (Pounds only) from Elizabeth Cotton's employer arising from her sales through the Webb Ivory charity catalogue and running the bar at a barn dance in 2003.

This year, a grant was received from the General Fund of £500.  (There was no grant last year: the amount shown in the 2003 column is the grant for 2002 received in early 2003.  For more details, see last year’s accounts.)

As last year, the investments suffered a small drop in value over the year.  This is of no great concern, because this loss of £144 is swamped by the dividend and interest payments produced by the investments during the year totalling £1847.

On the expenditure side, only one grant (of £150 to Shardlow) was made and paid in 2004.  As can be seen also in Note 2, the grant to Bonsall of £3,800 made in 2003 - and thus shown in that year's accounts - was not actually handed over until 2004, at the end of the rededication service. 

At the year end, there were no grants on offer or awaiting payment; there were no loans on offer, awaiting payment or due for repayment back to the Fund.  The Fund had uncommitted cash of roundly £33,100 available for new grants and loans.  (See note 4.)

Brian A Tomlinson

The Derby Diocesan Association of Church Bellringers Bell Repair fund Income and Expenditure Account – Year ended 31 December 2004

Note 1 – Fund Raising

Note 2 – Status of Grants in 2004

Note 3 – Status of Loans in 2004

At the end of the year there were no loans on offer or awaiting repayment.

Note 4 – Uncommitted Cash at end of 2004

After paying outstanding grants and creditors, the available cash is £33164.45 to which can be added debtors of £596,21 making a total of £33760.66 uncommitted to specific use.

Note 5- Change in accounting practice.

From 31.12.2002, with the Independent Examiners’ agreement, there was a change in accounting practice.  As a result, amounts that might be attributed to a current year’s account, but are not paid or received in that year are not included.  They will appear in the following year’s accounts.

We have examined the above Income and Expenditure Account and Balance Sheet, which are in accordance with the books, vouchers and information made available to us.

R A Meads & I Clarke – Independent Examiners