2023-12-31-accounts - Great Meeting (Endowment Fund) Charity

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Trustees’ Annual Report for the period

From 1/1/23 Period start date To 31/12/23 Period end date

Charity name: Great Meeting Endowment Fund Charity

Charity registration number:1046150

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The object of the Charity is the advancement of religion in accordance with the usages and practices of Unitarian and Free Christian Churches and to further other charitable purposes that the Trustees may from time to time determine. With freedom, reason and tolerance as our guiding principles, Leicester Unitarians share an enquiring outlook into non- dogmatic, liberal religion and seek to affirm an open-ended faith in life, in humanity and in God. Further information is available on our website: www.leicesterunitarians.org
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	The Great Meeting Chapel maintains a 300+ year old uninterrupted tradition of worship on Sundays with services, open to all, led usually nowadays by a minister trained in Unitarian theology. These services take place in a Grade II listed building of significant heritage importance. The minister or deputy provides pastoral support to the congregation and liaises with other congregations in the East Midlands and with national organisations involved in Unitarian activity. The elected trustees manage the chapel and organize activities for the congregation. Our carefully maintained meeting rooms and garden are a valuable resource for groups wishing to hire them. In the chapel we offer the facility for weddings (including for same sex couples), naming ceremonies and funerals. Our next door ‘old school building’, properly named Charles Berry House, is rented to the NHS for use as a Health Centre for the homeless, for asylum seekers and for those with alcohol or drug dependency. The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in

		England and Wales is the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the Charity's Constitution require the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the Charity for that period. In preparing these financial statements, the Trustees are required to: • select suitable accounting policies and then apply them consistently; • observe the methods and principles in the Charities SORP; • make judgements and estimates that are reasonable and prudent; • state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; and • prepare the financial statements on a going concern basis unless it is inappropriate to presume that the Charity will continue in operation. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provision of the Charity's Constitution. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The Trustees have had regard to the Guidance issued by the Charity Commission on public benefit

Achievements and Performance

Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	The whole congregation were delighted to welcome Rev Arek Malecki as our new Minister in June and he was formerly inducted in the presence of the Lady Mayoress in November. For the first part of the year, in the absence of a minister, we continued to employ a Congregational Support Lead who reinstated a coffee morning, updated our social media presence and led a theological study group. We also employed a Lettings Secretary. The new minister has brought an energy and spirit of innovation to the chapel, alongside a mature appreciation of Unitarian theology, which is gladly welcomed. From July 2023 our trustee Diane Romano- Woodward took on the duties of Treasurer [unpaid], for which we are very grateful. We were pleased to be chosen to host the interviews for Unitarian College. We also hosted a folk concert, the Coro Nostro Choir and the Dementia Friendly Carol Concert led by Leicester Musical Memory Box. A completely revamped website was established, and the Minister has been assiduous in updating it with relevant information. Once again, we were open for Heritage Open Week, this year opening every day and hosting an exhibition by local artist Kendrick Snodin.

Financial Review

Review of the charity’s financial position at the end of the period	Para 1.21	The financial position is stable. Income from lettings has recovered post Covid.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	A reserve is now held to cover employment obligations and any emergencies related to the fabric of the chapel.
Amount of reserves held	Para 1.22	£21000
Reasons for holding zero reserves	Para 1.22	NA
Details of fund materially in deficit	Para 1.24	NA
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	NIL

Additional information (optional)

The charity’s principal sources of funds (including any fundraising)	Para 1.47	See accounts. The principal source of income is from lettings.

Investment policy and objectives including any social investment policy adopted	Para 1.46	An audit of Endowments has been performed with funds and sums noted in CC16a accounts as submitted. A decision has been taken for these endowments to be managed by Redmayne and Bentley who also manage the funds of East Midlands Unitarians who are our Custodial Trustees.
A description of the principal risks facing the charity	Para 1.46	Principal risk would be if the current tenants at Charles Berry House [Inclusion Healthcare] were to give notice to leave.

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Trust deed
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Unincorporated Endowment Trust
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Trustees are elected by the congregation with a 3 year term

Additional information (optional)

The Management Trustees are as listed. The Custodian Trustees are East Midlands The charity’s organisational Unitarians. structure and any wider Para 1.51 network with which the charity works

Reference and Administrative details

Charity name	Great Meeting (Endowment Fund)Charity
Other name the charity uses	Great MeetingUnitarian Chapel Leicester;Leicester Unitarians
Registered charity number	1046150
Charity’s principal address	45 East Bond Street Leicester LE1 4 SX

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Name of person (or body) entitled to appoint trustee (if any)
David Wykes	President	The congregation of great MeetingChapel
Michael Drucquer	Chairman	Ditto and for all below
Diane Romano- Woodward	Treasurer
Elizabeth Clapp
Stephen Miles
Sir Peter Soulsby
RoyCrole

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

----- Start of picture text -----
Diane Romano-Woodward
Signature(s) Michael Drucquer
Full name(s)
Position (eg Chair Treasurer
Secretary, Chair,
etc)
Date 29/10/24
29/10/24
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1046150 Great Meeting Unitarian Chapel Receipts andpayments accounts ~~en~~	1046150 Great Meeting Unitarian Chapel Receipts andpayments accounts ~~en~~		CC16a
Period start date To For the period from 01/01/2023	Period end date 31/12/2023

Section A Receipts and payments

	Unrestricted funds	Restricted funds	Endowment funds	Total funds	Last year	Last year
	to the nearest £	to the nearest £	to the nearest £	to the nearest £	to the nearest £
A1 Receipts
Donations,Legacies and Grants	10,359	7,355	-	17,714	99	99,466
Lettings	8,633	-	-	8,633	7	7,601
Rent	51,694	-	-	51,694	51	51,723
Gift Aid	2,151	-	-	2,151	2	2,558
Investment Income	849	-	-	849	715	715
Interest	65	-	-	65	13	13
	-	-	-	-	-	-
	-	-	-	-	-	-

Sub total (Gross income for AR) 73,751 7,355 - 81,106 162,076

*Sub total(Gross income for AR)73,751* 7,355 - 81,106 162,076	*Sub total(Gross income for AR)73,751* 7,355 - 81,106 162,076	*Sub total(Gross income for AR)73,751* 7,355 - 81,106 162,076	*Sub total(Gross income for AR)73,751* 7,355 - 81,106 162,076	*Sub total(Gross income for AR)73,751* 7,355 - 81,106 162,076	*Sub total(Gross income for AR)73,751* 7,355 - 81,106 162,076	*Sub total(Gross income for AR)73,751* 7,355 - 81,106 162,076
A2 Asset and investment sales, (see table). - - - - - - - - - Sub total - - - - - *Total receipts* 73,751 7,355 - 81,106 162,076 ~~——~~
	A3 Payments
	Roof Expenditure	-	5,304	-	5,304	85,522
	Stipend	25,555	-	-	25,555	9,371
	Salaries and other fees	14,468	-	-	14,468	19,920
	Insurance	7,810	-	-	7,810	6,983
	Utilities	5,132	-	-	5,132	4,217
	Maintenance and Cleaning	9,841	-	-	9,841	4,354
	Organ	-	501	-	501	773
	Communications and Administration	5,644			5,644	2,447
	Subscriptions	1,511			1,511	1,376
	Accountancy	1,082			1,082	1,000
	Bank Charges	62			62	83
	Interest on Loan	1,000	-	-	1,000	-
		-	-	-	-	-
	**Sub total **	72,105	5,805	-	77,910	136,046

A4 Asset and investment purchases, (see table) - - - - - - - - Sub total - - - - - *Total payments* 72,105 5,805 - 77,910 136,046 ~~————————~~
*Net of receipts/(payments)* 1,646 1,550 - 3,196 26,030 A5 Transfers between funds - 118 118 - - - A6 Cash funds last year end 19,772 11,871 - 31,643 5,613 *Cash funds this year end* 21,300 13,539 - 34,839 31,643 ~~===~~

Section B Statement of assets and liabilities at the end of the period ~~ee~~
Unrestricted Restricted funds Endowment
Categories funds funds Details
to nearest £ to nearest £ to nearest £
CCXX R1 accounts (SS) ~~1~~ ~~29/10/2024~~ 21,300 1,235 - - 12,304 - CafBank Lloyds B1 Cash funds ~~[> —,-—-—~~

		-			-	-
	*Total cash funds*	21,300		13,539		-
	(agree balances with receipts and payments account(s))	OK		OK		OK
		Unrestricted		Restricted funds		Endowment
		funds				funds
	Details	to nearest £		to nearest £		to nearest £
B2 Other monetary assets	Insurance prepayment	7,810			-	-
		-			-	-
		-			-	-
		-			-	-
		-			-	-
		-			-	-
	Details	Fund to which asset belongs		Cost (optional)		Current value (optional)
B3 Investment Assets	M & G Charifund				-	9,327
[Endowments:East Midlands Unitarians are Custodial Trustees]	SVS Cornelian Prog Fund C				-	18,301
	Janus Henderson Pan Euro Mid and Large				-	55,749
	~~Cap Fund A2~~ Bank of Ireland ordinary Shares				-	2,094
					-	-
	Details	Fund to which asset belongs		Cost (optional)		Current value (optional)
B4 Assets retained for the					-	-
charity’s own use					-	-
					-	-
					-	-
					-	-
					-	-
					-	-
					-	-
					-	-
		Fund to which		Amount due		When due
	Details	liability relates		(optional)		(optional)
B5 Liabilities	Accountancy	1000			-
	East Midlands Unitarians	2500			-
					-
					-
					-
Signed by one or two trustees on behalf of all the trustees	Signature	Print	Name			Date of approval
	Michael Drucquer					29/10/2024

CCXX R2 accounts (SS)

29/10/2024

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Great Meeting Unitarian Chapel members of

On accounts for the year 31 December 2023 Charity no 1046150 ended (if any) Set out on pages 1 and 2

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 December 2023.

Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:

accounting records were not kept in accordance with section 130 of the Act or
the accounts do not accord with the accounting records

I have no concerns and 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.

Date: 25[th] October 2024 ~~f~~

Signed: Name: Simon Purvis ~~Ps~~ Relevant professional qualification(s) or body (if any): Address: 9 Hedley Court London SW15 3NS

October 2018

IER

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

October 2018

IER