Unaudited
Johnsonville Uniting Church
Statement of Accounting Policies
For the Year Ended 30 June 2014
Reporting Entity
The financial statements presented are for the reporting entity, Johnsonville Uniting
Church, a union parish of the Presbyterian Church of Aotearoa New Zealand and
Methodist Church of New Zealand. These statements report on the funds controlled
by the Parish Council and its committees.
Measurement Base
The accounting principles recognised as appropriate for the measurement and
reporting of financial performance and financial position on an historical cost basis
are followed by the statements.
Specific Accounting Policies
The following specific accounting policies, which materially affect the measurement
of financial performance and the financial position, have been applied.


Goods and Services Tax
The financial statements have been prepared on a GST exclusive basis.
Fixed Assets and Depreciation
Furniture & Fittings and Equipment have been recorded at cost. Depreciation
is provided on a straight line basis over the useful life of the asset.
Useful lives are:
Furniture and fittings 5-10 years
Equipment 3-5 years
Land and Buildings are not included in fixed assets as title is not held by the
Parish.
Changes in accounting policies
There have been no changes in accounting policy during the current year and the
accounting policies are consistent with those of the previous year.
The accompanying notes and accounting policies form part of and should be read in conjunction
with these financial statements.
1
Unaudited
Johnsonville Uniting Church
Statement of Financial Performance
For the Year Ended 30 June 2014
Actual
2013/2014
Budget
2013/2014
Actual
2012/2013
76,699
80,500
80,537
45,736
48,496
48,351
4,498
3,500
3,024
19,484
19,000
20,186
400
0
3,929
146,817
151,496
156,027
Ministry
69,367
70,128
66,941
Wider Church
19,157
19,500
20,063
Administration
34,437
32,763
33,436
Fundraising
1,311
1,500
1,300
Parish Council Committees
6,571
7,450
5,381
Communications
1,211
1,465
584
48,631
50,308
47,639
Total Expenses
180,685
183,114
175,344
Operating Surplus (Deficit)
(33,868)
(30,118)
(19,317)
Receipts
2,898
5,000
3,948
Payments
1,765
5,000
1,739
1,133
0
2,209
Income
3,762
0
6,668
Expenditure
1,689
Notes
Income
Offerings
Use of Buildings
1
Fundraising
Interest
Donations
Total Income
2
Expenditure
Property
Meals on Wheels
UNICAT
Surplus (Deficit)
Less Depreciation
Net Surplus (Deficit)
1,769
2,073
0
4,899
(30,662)
(30,118)
(12,209)
10,026
0
13,084
(40,688)
(30,118)
(25,293)
The accompanying notes and accounting policies form part of and should be read in conjunction
with these financial statements.
2
Unaudited
Johnsonville Uniting Church
Statement of Financial Position
As at 30 June 2014
Assets
Notes
30/06/2014
30/06/2013
3,229
6,210
60
2,640
19,268
18,937
297
22
6,101
7,869
6,213
7,311
374,910
413,440
410,078
456,429
Current Assets
Cheque Account
No 2 Account
UNICAT Bank Account
Petty Cash
Accounts Receivable
3
Prepayments
Investments with PCANZ
4
Total Current Assets
Non Current Assets
Furniture & Fittings
6
24,070
12,797
Equipment
6
2,552
4,702
26,622
17,499
436,700
473,928
17,715
11,672
Income Received in Advance
1,035
1,145
GST
(572)
1,803
18,178
14,620
29,811
58,707
388,711
400,601
Total Equity
418,522
459,308
Total Equity & Liabilities
436,700
473,928
Total Non Current Assets
Total Assets
Liabilities
Current Liabilities
Accounts Payable
5
Total Current Liabilities
Total Liabilities
Equity
Retained Earnings
Specific Funds
8
The accompanying notes and accounting policies form part of and should be read in conjunction
with these financial statements.
3
Unaudited
Johnsonville Uniting Church
Notes to Financial Statements
For the Year Ended 30 June 2014
30/06/2014
30/06/2013
32,870
36,668
JUC House
4,496
4,422
St Oswald Centre
8,370
7,261
45,736
48,351
400
2,929
Note 1
Use of Buildings
Terrace Centre Complex
Note 2
Donations received were:
General Donations
Donations for Sound System
Total Donations
1,000
400
3,929
Use of Buildings
5,794
6,926
Meals on Wheels
245
860
62
83
6,101
7,869
Outreach Fund
23,302
23,328
Investment Account
30,114
23,173
Future Development
967
967
10,490
11,066
2,192
2,192
307,845
352,714
374,910
413,440
13,420
5,982
Inland Revenue
1,293
1,775
Wages
3,002
3,915
17,715
11,672
Note 3
Accounts Receivable
Administration Costs
Note 4
Investments with PCANZ
Youth & Family Ministry
St Oswald Funds
Property Funds
Note 5
Accounts Payable
Suppliers
4
Unaudited
Johnsonville Uniting Church
Notes to Financial Statements (contd)
For the Year Ended 30 June 2014
Note 6
Fixed Assets
Cost
As at 30 June 2014
Furniture and Fittings
Equipment
As at 30 June 2013
Furniture and Fittings
Equipment
Accumulated
Depreciation
Net Book
Value
230,703
33,325
264,028
206,633
30,773
237,406
24,070
2,552
26,622
216,067
36,365
252,432
203,270
31,663
234,933
12,797
4,702
17,499
Note 7
Land and Buildings
The Presbyterian Church Property Trustees, for the benefit of the parish, hold the title to the land and
buildings. Church regulations provide that if sold the proceeds can only be used for the purchase or
construction of new land and buildings or the renovation or alternation of existing property.
Government Valuation as at 30 June are:
Description
Land at 14 Dr Taylor Terrace
Terrace Centre and Manse 12 & 18 Dr Taylor Terrace
Cemetery 27-29 Johnsonville Road
St Oswald Centre 4-6 Oswald Crescent
30/06/2014
265,000
2,425,000
310,000
905,000
3,905,000
30/06/2013
265,000
2,425,000
310,000
880,000
3,880,000
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Unaudited
Johnsonville Uniting Church
Notes to Financial Statements (contd)
For the Year Ended 30 June 2014
Note 8
Specific Funds
30/06/2013
Balance
Income
Opportunity Shop
11,690
3,650
Pantry Donations
20
Flower Arrangement
Transfers
2013/2014
30/06/2014
Expenditure
Balance
3,676
11,664
20
0
0
0
Emergency Relief Fund
219
219
Benevolent Fund
849
849
11,638
11,638
967
967
6,500
6,500
14,644
14,644
392
392
Outreach Fund
Future Development Fund
Bequests
Removal Fund
St Oswald Capital Fund
Terrace Centre Doors
21,000
13,122
7,878
Youth & Family Ministry
7,922
577
7,345
JUC Youth Groups
3,145
3,145
SOC Youth Group
1,800
1,800
941
941
Vanuatu Venture
UNICAT
SOC Manse Sale Proceeds
HAMZA - Uganda
Labyrinth
18,517
3,762
743
1,689
299,967
19,847
299,967
390
705
735
360
0
8,600
8,045
555
400,601
16,717
27,864
388,711
743
Note 9
Expenditure Categories
Ministry
The employment costs for ordained Ministry services.
Wider Church
Contributions to Parent Churches and costs for attending Parent Churches forums.
Administration
Costs of providing administrative services for the Church, includes employment costs for the Parish
Administrator.
Fundraising
Costs involved with Fundraising activities.
Parish Council Committees
Costs incurred for activities undertaken Parish Council Committees except for the Communications and
Property Committees.
Communications
Costs incurred for communication activities undertaken by the Communications Committee and costs
of operating the office photocopier.
Property
Property occupancy costs of rates, water, electricity, cleaning and insurance plus costs for repairs and
maintenance carried out on the premises of the Terrace Centre, SOC centre and JUC Church House.
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