FIRSTCHLIRCH OF C'HRIST, SQ'IEIYTIST, DORI(INC., SIIRREY RegisleTed Charity No.. 100.1091 REPORT OFTHE TRITSTEESAIYD FINANCIAL STATEMENTS FOR THE I'EAR ENDED31 DEC'EMBER 2023 Ch¢¢ld & C.0 Chanercd C'criificd Accountant8 Redhill Chambers 2d High Str¢et Kedhill Surrey KHI IKJ
FIRST C.HI!RC.H OF C'.HRIST, SCIENTIST, DORKING TRIISTEES. REPORT FOR THE I"EAR ENDED 31 DECEMBER 2023 VPPIIVNC'V.IYYn A DMIA!!&'TRA T!I/E flVT,IILÉ The charity is a Repislered chaiity No. 1003091 and its address is l Moores Road. Doi'kin%. Surrey. RH4 2BG. Tlie chwity s priiicipal adi'is¢rs duriiig? th¢ year were: RANKFR Llovds Bank plc Epsoin y!1 Street Epsoiii KT19 8AT INDEPENDENT EmINER Dai'id 1}ee1c[ FCCA Cheeld Wheeler & Co C'hanei'ed Certili¢d AccoiLnlanls Redliill Chatnbei's 2d High StTcel RedhAII Surrey RI41 IRJ IN1,.ESTlEw[ MANAGERS CCLA Fuiid Mwiabiers One Anbiel Lwie London F('4R IAB I'KUS'I'EES a.) AVI Mrs S Bo%'le- Cl¢Yk Mrs S Dakin-liffiite - Treasurer Mr Ji)1iAn Simpqon - Chainnan Mrs Susan W'ildbur Tlie Trustees ur¢ pleased to pre8eT]t their report, tobyether with thc financial siatements of ihe charity for Ihe year enO&i i l i)ec¢in"b¢r 1112_i. vAVar¥ b), Charities: Statfflnei)l of Recoiniiieiided Practice applicabl¢ to cli8rilies preparing their accounts in ol'dail Wiiii ibii I lllLiiIQI INEI-PVI IIILb alaltu aVViikn&lUAf 1$1 IA5¢ LJIK aiiu Ri Giiuviikn tpi li ejaiiu PlluiiJJiwu in Octol?er 2019, United KinLydom Accounting Standw-ds (Llnited Kingdoin Generally Aceepted ACLOUllllllbi ri'aciic¢ j aTia wiiii iiie i'equireitienis oi ilie i iiaiiiies IV j i.
FIRST CHIIRCH OF CHRIST. SCIENTIST, DORI(ING
TRIISTEES, REPORT FOR THE YEAR ENDED
i i)e c iiurcii, Willili ioniied iii tY.iU. iecugiii£ea as d 01.1¢17 oi i lie fvloiiier L iiurcli. fiiL rii'si
C'liiircli of Clirisl, Sci¢iilist, iii Boston. M&ss. LISA on l Jwie 1950. Tl)e Churcli is deinocratic and i'uii by
thc M¢inbers and lh¢ isoard accordance wilh th¢ I'liurch .Nlanual ol Ihe Pirsl Lhui'ch ot L'hrist.
Scientist, in Boston, Mass and it5 own Constittition and Rules.
Princiilal Object:
Th¢ Churcli s obiect is io maintain and SDread the Truth as set forth in ihe Bibl¢ oiid inteTDreted in tlie
Christian ScienLe lexthook "%cience and Health with Key to the Scriptures" by Mary Baker Eddy. the
isc()%'erer And Fniinder nf fhri4tlAn 8cienc.e
Rei"'iew of Finap.tidj!
£17
the sale of soine land owned by the Lhurch and £283,128 froin gyranls to pay for tl)¢ redevelopinent of the
iiuilii buildiiib.
I 11¢ cxyrIiuiiuir LivJ.44J j£V*£
£160.JvJ j A,yv.Ivl syriil uji iii¢
redevelopineiit of tlic Lhui'kli buildiiig. At i14 Deccii)ber ?02.?. tlie cliiwcli had UiiTestrict¢d geiieral funds
oi. I Ij i 1 (2U2 }_ £.iDo,.JiJii i ana restrict1 lunas oi- £bii.Oti i, I2Vi2-1 i i o). i lie resICIed iun(is wiii b¢
used in connection with the Te d¢i'eli)pment of the ¢hurLh.
J) Vl V¥1
Summury of Activities;
In plannink7 the Ctivities for ihe year. we kepi in mind the C'harity Coininission's guidance on publi
benefti. The Church h¥ld regular services on Sunday momingys and Teslimony Meetings on Wednesday
evenii)&is. In additi()n, a Thanksyiviiix Service held in No.elb¢r. Sawic¢s include r¢adings fi'oni the
Bibl¢ wid tlie ClirisiiaTI Science textbook. 'Sci¢iic¢ wid Hcaltli with Key 10 tlie Scriptures.
At th¢
Tesliirlonv Mcetinkis ld ThankskYiN iiiki Sen'iLe Ineinbcrs of ihe ConregallOn share h¢alin$, remarks and
eXp.lenc¢S resulting from their stud). and practtce of ChristiWI Scithice. All the services and Testimony
MeelinLiS are oven to Ci'ervone ITI the local Lonimunitv. lThere is a SundaN' School which meets at the
swne time as th¢ Inoniing seiTrice oil a Sunday. 'fhis is 01)eii to all young people up io the age of 20 and
tirnvideg Ali npnnrtiinifv fi)r thein fn leArn hnw li) Anlilv FlihliLAI teALhinivK tn tlieir Ini)rAI 8nciAI IieAltli
cl)alleng)es iii dail>. life. Wc regUl.[Y hav¢ tlir¢e ¢liildrthi att)ding> our 'in person Sunda), S¢liool.
who were iiot able to anend iii person.
This year saw the sale of lialf of the chui'ch Iw)d on 2 August ?023. The Lhurch buildingp wa¥ ilacalcd:
Pld¢tllb Wlll¥ Ii¥IIIS IIIIV SiV141bl¥ (UIU UISVUSJJI¥ UI UiII¥IS.
i 11¢ iiiui¥li Sel¥iL¢S. )uiidily JLiiwI
R¢adiiig Rooiii (It our iiie¢tinbis and scrkices. Attendees can pur¥li&%e Christiwi SLi¢iiLe periodicals, books w)d odicr lit¢i'awre. "IAT C'HI1clI nF C'HIIISI.. 4f'lFNTl4"r iNr. 31 DF.C'.E%l Bb'.R 2023 continued ThL' Cliurcli did Tiot hold a IL'Lturc diiriiib 20?). The rcquireinenl fc)r Cliri%tian SLiLnce churLhes to hold i ]nucl1 leLlui'¥ is Iliai ollL' is hlld durinb tliL spLcifi¥d l¥Llure ).'car wliicli is JiinL' lo N4ay, The lilst Iccture IILing liLld iii Octol)er ?0?? 14 nd the Tiext oiie is planned for April ?0?4. The Cliiii'Lh Elocord in¢iiil)¢r% i)rovide execiitii'c rViCe lo Ilie C'hurcli. Da%loi'al care for the Churcli fwiiil%'. id oifLI' pra)'¢iful supwrt. Meinbers of the Church Nolunteer on all the cominittees which contribiite to the running of the Church. t serviLe8. conduclii)bi Ilie 4ei'i'ices, leacliiTl¥ 111 Ilie Siindav School diid oilier adiiiiiiistralion rolcs. 'e ar¢ holdinb7 1 re%tricted tuiid of £118 which li,15 a rLqlllI'einei)I Ihal th¢ IMonL)' bc used lo siipport £.ij wlii) uiieiiu til¢ K iiuiiii 111.iuiiey iii wliij lili¢1¢Si¢U ill K i111slldll cieiice aTid live in the churcli locality. lo la1)le th¢Tn to be iiivolved iii actii'ities related to C'hristiaii Sciei)¢e. tatement ol. Ihe lsoard's Respon%ibilities: The ineml)ers of tlie F'xeciiiive B()ard are alsc) Ihe C"harity Trusiee% of il)e ("l)urcli. The Trustees do nol re¥¥ii'L' ]Y reinuiiei'ation for their sei'i i¢es 10 tl)e ('h14 rity. TrustLes ¢1re elLYted froin the ineTnbLI'S of the church al the Noiieinbw Mthiibers. IneelinL each l'ear lo .1 years ¢DnsecLltiiiel)' iii accordilllce Ivltli lh¢ ( oiistitiitilin ic lid Riiles. sen'e a millill111111 ol." TliL Trusle¢% are respoiisible fi)r k¢ei)iiib proper aLLC)uiiliiiyi ieL()I'd5. wliiLli disLlose willi reasi)ndblL assets of the Churcli wid hciicc for takiiig) re&soiiabli steps fc)r ihe prevention and dct¢Clioii of fralid and Ulllknl 11 i jj¥.). LJ"niier the Trust Deca. the C tiurch has Ine power to make any 1ni.esmi7tS il secs lit. ReseThe Polic).: The I'csen'cs policy of th¥ chiii'Lh is lo iiiainlaiii fuiids at a siiifici¢nt IL'Tr'L'I to Lnsure that it cwi continiie lo Ineel ils ol)jectii'es in tlie communitv in wl)ich il operales foi- the foreseeable fiiture. .4pi)roval. The report of the Trustees was approi'ed b), the Board on 6 Z oi It and signed on their behalt"
lian Siiiipsoii FIR(iT C'.HIIRC'H ()F C'HRIS'f, SC'IENTIST, DI)Rl(ING INDEPEiYDENT EXAMINTr:R'S R&:P()R'f TO THE. TRII%TF"F.4i OF TIIL FIRST C'IIIIRC'II ()Tr C'HRIS1., SC'.IEN'I'IS'1', DORIKIIIG I repi)n to tlie trustees c)n Iny exaniinatic)n of the aLciiunis of the F iTSt C"hurch of Christ. %cientiSt. Dorking for Ilie yedl. elided I l DeLeiiibei' 20?; Responsibilities and bayis of rei)ort As the IrusiC¢S of the Lhurch. fv'oii are respon%ihle for the preparation of thc accounts in accordance th'iih Ilie I'eciuireiiienl% ot. tl)c ('hc2riti¢s Act ?() I I (' Ilie .4ci' ). I rcpoi't 111 I'LspcLI of 1715. ¢xaiiiiiiatioii of tliL ¥liurch' s iliCOLlllts as reciuii'L'd uiidL'I' seilioii 145 of tl)L ?0 I I ¢lct and in c1117)J Out iiik exiiiiination I tollowed iill ilic JppliLable DireLlion5 ji'cii bN' lh¥ Charitv ('oniinissioii linder seciion 14 51 S Mb} ol.the Act. Indci)endent ex8miner's stytement Coniiection w itll thi e%MIn:4110n bTjI"illbi ine cause lo bL'lici.'e that in any materi411 respect.. Accounlinbi reL()rds were ii()I kepi in re%p¢LI c)f Ilie Lhiii'ch a% I'equired by seLtion l 30 of the Acl: or I 11(11 tlL¥IIUIIiS UV IICII JLLOIU W illl LIIC)S¢ ILXC)IU%. 01 That aLLounts do iiot coiiiply iviili lh¥ applicabl¢ rcqiiir¢iiiLnts coTic¢niiiigi tliL fonii cuid coiilLiII of acc()unts set out in the i haiinLS I CLOUI)IS JTia i<ei)011s) KLgiiiian0114 11)118 oiner liian the reqiiireiiienl Ilial thL ,qccc)iinls yi ji'c a ' tnie and tair i iew w,hich is nc)l a iiiatter considered as Pilrt of an IiidLpLiid¢iil cxainii)dlii)ii. I liai'e no concerns aiid liav¢ Loii)e across iio c)Ilicr inatllrs iii coni)Lclic)11 witli Ilie cxainiiiatioii to whicli attentioi) shoiild be drawn in ihis report in order to eiil& ble proper iindcrst1ndinkT Ot" tlie accounts to be reached. liid¢pend¢i)i ExamiiiLI' Dai id 11,'lic¢ler TrCCA C"heeld Wheeler and L-o ('li<irter¢d ('ertitied Accountants Redliill C'lidiiil)ers ?d Ilibli StrLL'I Redhill Surrey RHI IRJ Dated". (
FIRST CHliRC.'H OF CHRIST, SCIENTIST. DORl&lNG STATEMENT OF FII*ANCIAL.4CTIVITIES FOR THE YEAR ENDED 31 DECEIBER 2023 Vi4U Notes Fiinds Funds 2022 Donations and legiacies Charitable aclii'ities InN'e4lmenls Otliei. 10,128 1,959 7.055 ?8.1.128 29.i.256 1.9.59 7.055 350.(K)O 11.409 1.87? 4,587 2b 2d 350,000 ,1?8 Th+ol IQ IA? <)$? ?7n IYSPf) EAp¢naiTure on: Raisinby funds C'haritable actiN'ities Total expendilure 105.260 105.?60 105.445 105 445 100,16S 1(10.165 185 Net iT)comel(e¥pendilure) IN¢1 gjaillyj IVSS¥Sj VII iIIV¢SiIIIWIiJ (86.1181 9.7bg 6.1?.941 546.825 9,789 (82,297) j14,vioi Net in¢omel{expendilure) and net movement in fund8 (76.129) 556.614 (96.115) RernneiliAtinn nf thindl Fund balances brought torward at I 13 .368.-306 118 -168,424 464.7.19 Funa b4ianeey carridi lorwarii a¢ 31 December 2023 £2yI.97i £927,Q_i8 i_Ib8.424 'I'he Slateiiieiit ot. F'inaniial Aclii'iti¢s includes all gFains and105ses reL()gnised in the year. All iiicoinc aJ7d cxpuiditui'e d¢ri.c froiii coiitiiiuin&J a¢tiviti¢s. The iiotes foiin part of these financial stataneiits.
FIRST CIII'RCH OF CIIRIST. SC'IFNTIST, DoRKIG BALANC'E SHEET.4T 31 DEC:EMBER 2023 Note 2022 rixED ASSF.TS Tw& i&pible fixed &ssets liii'estiiienls 116..326 16.326 106.S.37 106.5.17 CIIRRENT .ASSETS Work. iii prob?ress Debiiirs ('ash ai baTik and buildinsi siKiety' 286.761 ?61.887 261.887 809.672 CRF.DITORS Amniiiits lallinbb due within l year 96(1 NET CURRENT A.8SF.TS 808.712 261.887 NET ASSETS 925 Oi8 368,424 UiirestrictL'd fuiids.. GLllLI'al 10 641.792 368.306 RLstrictcd *iiiids 10 28.1.246 i'o"r.41, Tr'('NDS Ob 'l'FIL C.'HARITI' £92.S.038 £368.424 ,Ipproi'ed by thc Board of Trustees on & f and siglncd on ils bel)alf by.. rinan ofthe Bo(d The nL)tes fonn part of ihese fiiiw)cial sI¢mentS
FIRST C.'HURCH OF CHRIST, SCIENTIST, DORlilNG
NO'fES TO THE FIIIANC:IAL STATEfvIENTS
FOR THE YEAR ENDED 31 DF.CEMBER 2023
ACC:OIINTING POLICIES
a) Basts of
aration
'I'he Lharity. constitutes a public benefit entity a5 defined bj. FRS 10? 11)e financial statements
liave been prepw'ed in accordance with Acknountiiig and Reponing bs, Charities". Stateineni of
R¥Loiniiieiid¢d PractiLe dPI)IiL
FIRST C".HIIRC'H OF C.'HRIST, SCIENTIST, DORKING NOTES TO THE FINANC.IAL STATEftylENTS FOR THF. YEAR ENDED 31 DECEMBER 2023 ACCOLINTING POLICIES/contd... n Listed Investsncnls l.isleil inveSttnL1S are initially recognised at their transaction iralue and siibsequently measured at fair valiie at the Balance Sheet date using the closiiib quoted marke¢ price. The Siateineiit of Financial ALlivities includes the nei and losses on rciialuations and disw)sals througvhout th¢ year. g) Financial Instswnents D¢btors.and ci'editors with no stated interest rate and Teceii'able or payable within one year are recorded al trajisaction price. Any losses arising ffoin impalrnients are r¢cog>nised in expendilure. h) l aiation As the Cliurch is a regiistered cliarity th¢ results of its noniial actii'ities are not liable for l&x. 2. INCOME Uiirestridcd fijnds RestriLled Fui)ds Total ?023 Total 20?2 a) Donations aiid legacies Collection Doiiations Gift aid t&x Graiits 8.843 ?oo 1,085 185 9.028 200 1.085 ?82.941 ?9.•.?56 10.165 118 1.126 282.947 ?8.?.128 10.128 11.409 b) Cliaritable actvitics Readingw rooin sales £1,959 £NIL £1.959 £1,87? e) In'¢Stn)ent incoine Dividends Bw)k Int.eSt i,194 1.406 4.$87 7,055 7.055 d) Other incoinc Pr()ceeds from sale of prop¢ty -?5n.000
FIRST C.'HIIRCH OF CHRI(•T, SC.IENTIST, DORKING NOTES TO THE FINANC:IAL STATENIENTS FOR THE YEAR ENDED 31 DECEMBER 2023 {continueql) .1. ANALI'SIS OF EXPENDITURE ON C'I IARITABLE AcfiviTIES.. Actii'ities undenaken diTCCtI>' Support costs Total Tolal ?02? Lectures Music fee¥ Quartci'lies R¢<idinb room piir¢liases Publication committee Donations AdNertising Telephoiie and website Other expknnses A¢countaJi¢y Bank chargFes Repairs and stnall equipment Cleaning Heating. liglitinbi w)d water Insuranc¢ Professional fees Planning coiiditioiis Practitioner fee Buildingj r¢biuliih'ui)s Mi)vinbY cosIS liental costs 2.497 4.918 486 439 2.1.71 140 439 140 50.3 472 872 277 20$ 4)2 472 872 277 1,5.IV 811 578 5?6 775 54(1 85 80 578 526 775 3,705 76,869 4,479 2.890 2.361 1,118 1.389 105,445 551 906 76,869 4,479 2,890 ?1.778 800 1,118 1,389 97,9?] 7,5?4 100,045 4. GOVERN.ANCE COSTS 2021 2022 £540 AiwuntanLy fees The accouiitancy fee for 2023 iiiclud¢s ili¢ cost of tlie exwiiination of tl)e 2022 accounts which were paid foi. duriiibw tlie 202i year. 5. s'fAFF COSTS The alerdge nuiiiber of employees duriiibi tlie year was nil (2022 nil). 6. WORK IN PROGRESS The chuTch building has been clc)sed. aiid is in Ilie process of redcN'clopinent. The building c051s to 31 DeCe1nb. 2023 'e included in work. iti prOESs. The original lai)d wid buildiiibis Nere acquired in tlie 1950's and no historic Cost has been ircoi'ded for it.
FIRST CHIIRCH OF CHRIST, SCJENTJST, DORKING NOTES TO THE FINANC.IAL STATEMEIYTS FOR THE YEAR ENDED 31 DECEMBER 2023 (continued) 7. FIXED ASSET INI'ISTMENTS Uiilisted investtn¢ntq Market i'alue at l January 2023 Additions al cost Disposals at openinb? Inarkel ialue Net unrealized gains on revaluation 106.387 9,789 Valuation at.) l DeCnber 20?.) £116.326 Histoi'ical cost al .1 l Dec¢inb¢r 202J £40,000 Historical cost ai .1 l Decthnber 20?2 £40.000 The investment comprises 5.861.75 shares in COIF Charities Investment Fund. 8. CRF.DITORS ?y23 ?022 Ainoiints falliiibv diie wiihin l year.. Accruals 960 £()60 9. TRL',STEES' REMUN'ERATION AND REIMBURSEMF.NTS Non¢ of th¢ trust¢¢s receiv any pawn¢nt for theii. work (2022 - nil). No exp¢ns¢s reinibursed to the trustees in 202.3 (?022 - nil}. 10. MOVEMENT IN FUNDS Bal& ce at l January 202.? Incoille Expenditui'e Transfers Balance at 31 Deceinbffl" Ilnrestricted funds GcnLYal fund 368.306 28,931 (105.260) 291.977 Restricted funds 118 63i,128 (185) 613,061 Total funds .368.4?4 662.089 (105,445) 925.0.)8 Incoine illcludes gains inade on the revaluatioT] of Tiiveshnents. 10
FIRST C'.HIIRCH OF C'.HRIST, SCIENTIST, DORl&lNG NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 {continued) R¢striLted funds represeijt speLial collecli01is or donations frum the Memb¢rs of the Cjiurch to be applied spe¢ificallJ towai'ds baievolent b)rants to indii'iduals. slin11. cliarities oi- for tlie upkeep of the Church pr¢mis¢s. Ili. MOVEMENT IN FIINDS ... continued C.oinparatii'c intormation tor the iiet n)ovement iii tiiiids is as follows.. Balai)ee at l January 2022 liicome F.xpenditure (incl Ivss¢s) TransfeTS Balance at .1 I Deceinber 202? Ilnrestricted fund5 G¢n¢ral fund 464.6?1 464.621 17.868 17,868 114.18.3} (114,18.3) 368.i06 168.1()6 Restrieted fvnd8 118 Totxl funds 464,739 (114.183) )68.424 I I. ANALYSIS OF NF.T ASSETS BETWEEN FUNDS Llnresiricted fuiids ResiriLled funds Total Funds 20?3 Ini'estnients Current assets Cuiythit liabilities 116,326 809.67? (960) 26,4?6 {96U) ?83.?46 As at 31 Deceinbei. ?021 641.792 ?8.j,246 925.0.?8 colnptIVc infonnaiioii of ili¢ nel assels between funds is follo'S.. Lliirestricted tuiids Restiicted ruiids l otal Funds 2022 liiiestments Cun'ent assets Ciirreni liabilities 106,537 ?61,769 106.537 261,887 118 As at 31 Deceinber ?022 -368.i06 368,4?4