FIRST CHURCH OF CHRIST, SCIEIYTIST, WATFORD FINANCIAL STATEMENTS YEAR ENDED 30TH JUNE 2024
FIRST CHURCH OF CHRisf, SCIENTIST, WATFORD SICNIFICANT INFORMATION The Church has been a ¢08n1d branch ofThe Mother Chuwh. The First Church of ChrisL Scieniist, Bogton, Massachusetts since I l August 1933 and ¢stablished under Constitution & Rules. The title to the Church propeny is now vested with the Offi¢tal Cusiodian for Chari(ies. Church & Reading Roo Address: 53 Cassiobwy Driv4 Watford. Herts. WD17 3AD Cbarity Number. 1041x159 Exe¢utiv¢ Board & Tstee5. Jason Rawlings (Chaimlan) Tim Notiidge Katy Hay Caroline Bartle Clerk: John Houst Jason Rawlings Advistirs: Bankers: Lloyds Bank plc, walf0 WD17 2DU DeNJsii: Cambridg¢ & Counties Bank Financial Adviser: James Chamberlain Avidity W¢alth M&)agemenL St Albans. ALI 5FL Investmerti Manager QUI1 InveAment Platfomi Ltsl. Sunderland. SR43 4JP Independent Exwniner. D A Gort M8rple. skpOrt SK6 6PJ
FIRST CHURCH OF CHRIST. SCIEWflST, WATFORD REPORT OF THE EXECUTIVE BOARD & TrUSTEES FOR THE YEAR ENDED 30TH JUNE 2024 Missioll Statement The purpose of the Church is to maintain and spread the tNth set forth in the Bible and in Science & He•lth with Key to the kriplures by Mary Baker Eddy. Exeeutive Board Members currently serving are.. - Jason Rawling$ (Ch&irnJan) rim Nottidg¢ Kaiy Hay Caroline Bartlett Review The Church Cothinued to hold regular Sunday servi¢es and Wednesday t¢$timony meeting4 in person and onlin¢, as well as maintsining a Reading Room and Sunday School. The Little Sparkles pre-school h&q now been operating for almost nine years ]ng the ground floor and garden while the car park and oth¢r rooms have Ften used by families and community groups. The Church websitr www.chris iansciencewatford.or .uk has been Tnaintained to help enquiRrs I about Christian Science and the location and activities of our Church and Reading Room. This is compl¢tnented by ow FA¢ebook page. The Church SInSored two public lectures, 'The Blessing of Giving Freely, by Melanie Wahlberg, given online on 25 December 2023, and an in-person lecture in church on 21 January 2024 by Allison Hughes, entitled'A Lasting Healing Solution to Hopeles5ness'. Our charitable giving in¢luded a regular contribution to the Joint C S Online Reading Room and 8ift¢d literdture. Dcial Positioll The Receipts & Payments account on page 3 shows a reduced operating deficit for the year of £5324 compared to £10754 in 2023. Overall income fell slightly, mainly due io a £5k dr(>p in lettings. On the other hand, overheads were generally lower- the exception ing heating costs which were some £4k higher. £50k was placcd with Quilter and invested in ethical equities. Re5eTves Policy Following the above invesknenL liquid reserves fell from £114k to £58514 as at June 2024. but this is still considered adequate to me¢t both present commitments and the cost of maintaining the Church and Reading Room for the foreseeable future. Acknowledgement The Ex¢cutive Board is indebted io ail members And helpers fortheir continued dedication w)d support. I q ZozF JasoD Rawling5 Chairn)an Dated:
FIRST CHURCH OF CHRIST, SCIENTIST, WATFORD Receipts & P&ymenly Aeeount for the yeAr end¢d 311th June 2024 2024 2023 RECEIPTS Collections & D)nhtion$ Gift Aid.. tk>naiions Tax Refi]nd Ballk and Building Society Interest L¢tiing & Licensing Reading Room Sales Less Cost of Sales 655 1423 7386 1901 3066 15228 7490 1956 20533 1541 1244 1216 1665 297 28533 30953 PAYMENTS Allowdnces (oificers & Musicians) Donatiorts Pro-Rara COP Telephone, Internet & Zoom Printin& StstiOTLery & Postsge Journal Card Website Lirerawre Ac£ountsn¢y Lectures (Net Cost) Sundries G&s. El¢¢tricity & Wa*r Insurdn¢e Re-decoTaling W811 PTopety Repairs & Maintenance Cl¢8ning & Gardening Guttering l Roofing Boiler Repair El¢¢trical 4968 774 220 864 45 499 4566 2850 220 479 174 710 540 1360 163 10263 1725 1950 3451 5199 500 885 411 6480 1466 4400 1828 4131 10176 1126 1626 33857 41707 OPERATING SURPLUS / IDEFICITI UnreAllsed Investme¢ CsiD Leg SURPLUS I(DEFICJT) IN YEAR 15324) 3702 (10754 ) ioooo 1622 ) {754}
FIRST CHURCH OF CHRJsf. SClENfisT, WATFORD Statement of Assets & Liabilities as *t 30th June 2024 21)24 2023 FIXED SETs Church Frtthold PESe5 @ N.B.V. 221856 22J856 EQUITY INVEsfMEiYTS Quilter pcrfolio @ rnarket value 53707 Cambridge & Couniie$ Bank Skipton BISO BaTrk Curreni Account'.- Lloyds Cash In Hand 32958 83467 17749 25531 12602 25 25 58514 113843 TOTAL NET ASSETS 334077 335699 REPRESENTED BY:. GeDeT#I Balance BIF 81 inr23 Surplus l{Deficit) in year 335699 (1622 } 336453 {754) 334077 335699 Approved by the Executiv¢ B(wd on... half by- i.g.1..7]z . 2024 and signed on their Jason Rawlings Chainnan l Tr¢asurer Tim Nottidge Direciorl Trustee
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Report to the trustèesl members of FA4fT Qj r f4sr rF-& On accounts for the year ended Charity no {if any) Set out on pages Re$p¢¢tiv¢ The charity's trustees are responsible for the preparation of the accounts. responsibilities of The charity's trustees consider that an audit is not required for this year tru$iees 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.. examirTre the aount5 under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity commissi¢ (under section 14515llbl of the Chanties Act, and to state whether parti¢uLar matters have ¢ome to my attention. Basis of independont My examination was carried out in accordance with general Directions given examiner's statement by the Charity CommissKsn. An examinats'on Includes a review of the accounting records kept by the chanty and a ¢omparison of the accounls presented with thosè records. It also indudes con51deralion ol any unusual items or disclosures In the accounts. and seeking explanations from the Itustees conMing 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 lo whether the accounts present a ttrue and fair. view and the report is limited to those rnatters sei oul In ihe statement tel¢)w. Independent In connection wrth my examination, no material matters have come to my examiner's statement attention I ') whi¢h gives me cause to believe that in. any material respeci.. accountiThJ records We not kept in accordance vAth section 130 01 the Charities Act or the accounts do not 8¢cord th the aOUntIng Tecords I have come across no other mallers in connection with the examination to which attentson shoukj be drawn in order lo enable a proper underslallding of the accounts to be reached. Please del te the words in Ihe brackels if they do not apply. Signed= Date.. Name: Relevant professional qualiflcationlsl or body lif any1= Address: li IER December 2017