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FIRST CHURCH OF CHRIST, SCIENTIST, WATFORD
FINANCIAL STATEMENTS
YEAR ENDED 30" JUNE 2021
## FIRST CHURCH OF CHRIST, SCIENTIST, WATFORD
## SIGNIFICANT INFORMATION
The Church has been a recognised branch of The Mother Church, The First Church of Christ, Scientist, Boston, Massachusetts since 11" August 1933 and established under a Constitution & Rules. The title to the Church property is now vested with the Official Custodian for Charities.
|Church & Reading Room||
|---|---|
|Address:|53 Cassiobury Drive, Watford, Herts. WD173AD|
|Charity Number:|1040059|
|Executive Board & Trustees:|Susan Houston (Chairman)|
||John Houston|
||Philippa Flamand-Gloyne|
||Jason Rawlings|
|Clerk:|John Houston|
|Treasurer:|Jason Rawlings|
|Advisors:||
|Bankers:|LloydsBankple, 67 High St, Watford. WD172DU|
|Deposits:|Cambridge& CountiesBank|
||Skipton Building Society|
|Independent Examiner:|DA Gort|
||11 Oakdene Road|
||Marple|
||SK6 6PJ|
|Solicitor:|Coole Bevis|
||79 Church Road|
||Hove|
||East Sussex|
||BN32BB|
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## FIRST CHURCH OF CHRIST, SCIENTIST, WATFORD
## REPORT OF THE EXECUTIVE BOARD & TRUSTEES FOR THE YEAR ENDED 30™ JUNE 2021
Mission Statement The purpose of the Church is to maintain and spread the truth as set forth in the Bible and in Science & Health with Key to the Scriptures by Mary Baker Eddy.
## Executive Board
Members currently serving are:-
Susan Houston (Chairman) John Houston (Clerk) Philippa Flamand-Gloyne Jason Rawlings (Treasurer)
## Review
Due to the continuing pandemic the church remained closed throughout the year and services and meetings continued to be held online via Zoom. The resumption of receipts from parking fees in August was welcomed as was an unexpected one-off donation of £5k from the Westminster Fund.
The church sponsored a Zoom lecture on 21° November by Michelle Nanouche CSB entitled ‘Finding your immunity from disease’.
Our charitable giving included donations to The Mother Church, Joint C S Reading Room and gifts of the C S Monitor.
## Financial Position
The Receipts & Payments account on page 3 shows an operating surplus for the year of £11760 compared to a deficit of £4859 in 2020. However the above surplus was enhanced by the above mentioned special donation of £5000 for which we were most grateful. This resulted in a final surplus for the year of £16760. Basically the turnaround can be attributed to a combination of an increase in lettings income and reduced overall spending during the year.
## Reserves Policy
As a consequence liquid reserves increased from £101k to £117840 as at 30" June 2021 and remain ample to meet both present commitments and the cost of maintaining the Church and Reading Room for the foreseeable future.
## Acknowledgement
> The Executive Board is indebted to all members and helpers for their dedication; and support during an especially difficult period. Susan HoustonSs Dated: 6 (Loctober 2021 Chairman
2)
| |
## FIRST CHURCH OF CHRIST, SCIENTIST, WATFORD
## Receipts & Payments Account for the year ended 30th June 2021
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|||||||
|---|---|---|---|---|---|
|2021|2020|
|£|£|£|£|
|RECEIPTS|Collections|ms|84|
|Gift|Aid:|
|Donations|8847|11974|
|Tax|Refund|2936|3806|
|Bank and|Building|Society|Interest|1060|1500|
|Letting|&|Licensing|19997|9893|
|Reading Room|Sales|1333|1644|
|Less Cost of Sales|873|1213|
|460|MeeAG|
|33300|27688|
|PAYMENTS|Allowances|(Officers &|Musicians)|1020|2677|
|Donations|1255|660|
|Pro-Rata COP|240|280|
|Telephone &|Broadband|679|508|
|BT Mesh.|Wi-Fi|System|300|-|
|Printing,|Stationery &|Postage|2|24|
|Advertising|81|616|
|Website|672|565|
|Literature|1105|2003|
|Accountancy|500|525|
|Lectures|2998|3228|
|Sundries|27|176|
|Gas,|Electricity &|Water|3908|4399|
|Insurance|1192|1406|
|Electrical|Re-wire|1368|>|
|Property|Repairs &|Maintenance|1694|1315|
|Cleaning &|Gardening|3425|3672|
|Legal|(Licence|Agreement)|53|53|
|Lift|Repairs|=|5905|
|Re-glazing|S|1800|
|Electrical|996|606|
|Boiler|Repairs|-|2129|
|21540|memos|232547|
|OPERATING SURPLUS|/ (DEFICIT)|11760|( 4859|)|
|Special|Donation|/ Westminster Fund|5000|2775|
|SURPLUS|/ (DEFICIT)|IN YEAR|16760|(2084|)|
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“36
## FIRST CHURCH OF CHRIST, SCIENTIST, WATFORD
## Statement of Assets & Liabilities as at 30th June 2021
|||2021||2020|
|---|---|---|---|---|
|FIXED ASSETS|£|£|£|£|
|Church Freehold Premises|||||
|@N.B.V.||221856||221856|
|CURRENT ASSETS|||||
|ReadingRoom Stock@ Cost|-||146||
|Cambridge& Counties Bank|80783||79799||
|Skipton B/Soc|17660||17584||
|Bank Current Account:-|||||
|Lloyds|19372||3526||
|Cash In Hand|25||25||
|||117840||101080|
|TOTALNETASSETS||339696||322936|
## REPRESENTED BY:-
|General Fund|||||
|---|---|---|---|---|
|Balance B/F at 1/7/20|322936||325020||
|Surplus / (Deficit) in year|16760||( 2084 )||
|||339696||322936|
Approved by the Executive Board on ae ie. Ock.... 2021 and signed on their behalf by -
aeay
Susan Houst Chairman
Jason Rawlings Treasurer
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| CHARITY COMMISSION Independent examiner's
| FOR ENGLAND AND WALES report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/
members of |Fi= at7 Cwukcw ef CHAle Sesin/nbe WAT Fokny
On accounts for the year Charity no
ended Jo/of/ 17 (if any) ESIC LOY
Set out on pages | Diva es
[Pesce Reet Ne a Ss 1, A ae ere ne Se ae a a a
Respective The charity's trustees are responsible for the preparation of the accounts.
responsibilities of The charity’s trustees consider that an audit is not required for this year
trustees and examiner under section 144 of the Charities Act 2011 (the Charities Act) and that an
independent examination is needed.
, It is my responsibility to:
e examine the accounts under section 145 of the Charities Act,
e to follow the procedures laid down in the general Directions given by the
Charity Commission (under section 145(5)(b) of the Charities Act, and
e to state whether particular matters have come to my attention.
Basis of independent My examination was carried out in accordance with general Directions given
examiner’s statement 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 the
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 !n connection with my examination, no material matters have come to my
examiner's statement attention (atherthan thatdisclosed- belew—}which gives me cause to believe
that in, any material respect:
e accounting records were not kept in accordance with section 130 of
the Charities Act or
e the accounts do not accord with the accounting records
| have come across no other matters in connection with the examination to
which attention should be drawn in order to enable a proper understanding
of the accounts to be reached.
* Please delete the words in the brackets if they do not apply.
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Relevant professional 3 >
qualification(s) or body A&k7: MUS SS Ota RerouyT ay 7
(if any): é
Address: |) 20K iS kwh Rew AARP Seakhae CKL ber
1 December 2017
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