## **ROTHBURY UNITED REFORMED CHURCH** ## **Annual Report and Accounts For the Year Ended 31[st] December 2020** ## **TRUSTEES’ REPORT** ## **Administrative Information** ## **Church** Rothbury United Reformed Church Market Place Rothbury Northumberland NE65 7UW ## **Minister** ## **Secretary** ## **Treasurer** The Revd Edward Butlin Madgwick The Manse 18 Benlaw Grove, Road Felton Northumberland NE65 9NG NE65 7PQ Simon Fountain David Crow Tree HouseFresh Fields South Terrace Wagtail Rothbury Rothbury Northumberland Northumberland NE65 7QR ## **Elders (Trustees) Accounts Examiner** Barry Chalk Gwen Cox Kathleen Ramsey Simon Fountain Sylvia Crane Ann Madgwick Dorothy Davidson ## **Bank** Lloyds TSB Margaret Tully High Street Secretarial Services Rothbury 6 Eshottheugh NE65 7ED Morpeth NE65 9QH ## **Constitutional Information** The church is constituted as a local church of the United Reformed Church. It is registered with the Charity Commission, Charity number 1073423. It is governed by its church meeting, which elects elders who meet in accordance with the structure of the United Reformed Church. Some areas of the church’s work are delegated to committees. ## **Aims** The church aims to live in Christian fellowship and bear witness to God’s love and his rule over all creation. It aims to adhere to the five marks of mission: - To proclaim the good news of the kingdom - To teach, baptise and nurture new believers - To respond to human need by loving service - To seek to transform unjust structures of society - To strive to safeguard the integrity of creation and to sustain and renew the life of earth ## **Financial Review of the Year** Net receipts for the year show a surplus of £8494.24. Assets in our current and deposit accounts at the end of the year are £22,918.86 The trustees at their Annual Church Meeting on ............................ approved these accounts. Signed………………………………………………………….Date…………..2021 ## **Independent Examiner’s Report** I have examined the receipts and payments accounts and statement of assets and liabilities of Rothbury United Reformed Church set out on these pages relating to the year ending 31[st] December 2020. My examination did not amount to an audit but was carried out in accordance with the general direction issued by the Charity Commissioners for the independent examination of the accounts of smaller charities. Nothing has come to my attention in connection with my examination, which gives me cause to believe otherwise, than that these accounts accord with the accounting records of the church and that such records satisfy the requirements of the charities Act 1993. I am not aware of any matter to which attention needs to be drawn in order to obtain a proper understanding of these accounts. Signed……………………………………………………Date…………………….2021 Finan¢i*l Review of tbe Year Net receipts for the year show a 5UTpIus of £8494.24. in current and ¢kposit aecowjts at end of the year aye £22.918.86 2021 Indepelldent E￿I￿￿￿er.$ Rep)rt I haTrt examin￿ the Y¢ceipts aJ)d pavments a¢¢ounts aTrJ ststttnent of assets aud liabilitie5 of Rothbwy Uniied Refom)d Chwch set out on these )ya8es relaiit)8 ty the yeaT ¢oding 31° December 2020. M). exaJnination dié 4Tnouth to a￿1￿1 but wa5 callied our iTt accordaJJc¢ with the geneTa] directith) issued by th¢ Ch•ity ComrnlssioT￿ for thr indet*ndent examination of the &counts of S￿￿1￿r cbaritics. Nothing to Tny att¢niion in with my ￿aminatio￿ whith gi￿$ m¢ cau to believe othenvise. than these accounts ￿)[d the *Co￿ting Tetor&8 of the church and that swh T¢cords saiisfy the ffquirements of th¢ ¢haTities Ar¢ 1993. J not a￿are ot anv Tnatt¢r to atteniii)n to be thawn in ots to obtsiu a proptr si￿l....... c) ..W..2021 ## **ROTHBURY UNITED REFORMED CHURCH GENERAL FUND RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDING December 31[st] 2020** **RECEIPTS 2019 2020** Free Will Envelopes £10,473.90 £7,527.00 Cash collection £3,650.14 £1,126.65 Church Fees £1,316.00 £831.00 Interest £2,991.40 £479.45 Donations £1,745.00 £633.45 Sundries £0.00 £0.00 Sales & Fairs £1,802.20 £0.00 Tax Relief £3,384.37 £4,375.15 Visiting Preachers £879.60 £0.00 Transfer from development acc £0.00 £12,013.46 Benevolent Fund £71.00 £0.00 **TOTAL RECEIPTS £26,986.16** **£26,313.61** ## **PAYMENTS** |**PAYMENTS**||| |---|---|---| |Insurance|£1,186.46|£1,195.92| |Ministry & Mission|£10,560.00|| |£11,616.00||| |Synod Assessment|£1,575.52|£0.00| |Donations|£818.00|£332.00| |Heat & light|£1,350.68|| |£2038.35||| |Visiting Preachers|£759.60|£204.00| |Sundries|£1,055.15|£1,413.64| |Repairs and refurbishment|£403.72|£201.64| |Equipment|£70.83|
£58.16| |Development Project|
£30.40|| |£1,210.81||| |Transfer to Development Project £16,500.00||£0.00| |Broadband|£221.94|£221.40| |**TOTAL PAYMENTS**
|**£34,532.30**
|**£18,491.92**| **Difference between receipts and payments 2020 £8494.24** ## **ROTHBURY AND THROPTON MANSES ACCOUNT** ## **RECEIPTS AND PAYMENT ACCOUNT FOR THE YEAR ENDING DECEMBER 31[ST] 2020** **RECEIPTS 2019 2020** Rothbury Manse Rent £6,426.00 £6426.00 **TOTAL RECEIPTS £6,426.00 £6426.00** ## **PAYMENTS** Rothbury Manse Insurance £337.19 £350.44 Repairs & Refurbishment £1,362.27 £503.00 Underpayment of minister’s fees £150.00 £0.00 Pastorate Charge £2475.00 £3000.00 **TOTAL EXPENDITURE £4,324.46 £3853.44** ## **ASSETS** Difference between receipts and expenditure £2572.56 Monetary Assets Manses account balance Dec 31[st] 2020 £9386.67 # **ROTHBURY UNITED REFORMED CHURCH** ## **STATEMENT OF ASSETS & LIABILITIES FOR THE YEAR ENDING DECEMBER 2020** **ASSETS 2019 2020** Monetary Assets Bank Balance Current Account £14,289.60 £22,784.02 Deposit Account £134.77 £134.84 ``` Manses Account £6,814.11 £9386.67 Benevolent Fund £353.84 £353.84 Investments Northern Province Unit Trust £22,080 £24104.62 Units valued at 31.12.20 Henderson Global Investors £14,620 £13,046.24 Units valued at 31.12.20 George Nichol (Thropton) Trust £16,342 £17820.93 Units valued at 31.12.20 Other Assets Church building-freehold, valued £1,429,431 £1,515,197 for insurance purposes Church contents £102,425 £107,547 Viscount Organ £20,000 £21,000 + additional electronics Rothbury Manse-freehold, valued £394,704 £410,216 for insurance purposes Note: These accounts are prepared on the ‘receipts and payment’ basis and comply with the appropriate legal requirements. Signed……………………………………………………… Date David Madgwick Treasurer ROTHBURY UNITED REFORMED CHURCH STATEMF.Pft OF ASSETS & LIABILITIF.S FOR THE ENDINC. DF.CF.MBF.R 2020 ASSF.TS 2019 2020 Cuffent Accounl Ik￿$11 Account Manses Accouni Benevole￿ Fund £14289.60 £134.77 £6,814.l T £353.84 £21784.02 £134.84 £9386.67 £353.84 Investments Nortbern Province Unit Trust Units val￿d at 31.1220 £21080 L74104.62 Hen￿rSOn Global Investors Units ￿l￿ed ￿ 31.1220 £14,620 £13.IM6.24 George NichDI(IknJMon) Tn Units val￿d at 31.1220 £l6J42 £17¥20.93 Chut¢h building-frrtt¥)l￿ val￿d £1,429.431 £1.515.197 Church contellts ViscouDt Oroan + addilioKkil electroDics £101425 £20.0(K> £107.547 £21.01 Rothbury m￿.free￿&￿I¢L ￿ZIlled £394,704 for ills￿¢ PUTW5es £410.216 N4)te." These accounts wqwrd on th¢ 'reeeipts atMI paym¢nt' basts and comply with the aFfiropriate leg3] rqwrcmenis. David Madgwick Trcasur ## **Treasurer’s Report 2020** As a result of COVID restrictions services stopped during March and therefore receipts from offerings were down considerably on 2019, although some offerings were made directly into the church bank account or by delivering cash/cheque to the treasurer to bank. Likewise income from the groups who use the church was greatly reduced and there was zero income from church sales and fairs. Gift Aid tax relief was up on 2019 at £4375, £1228 of which was claimed for donations made towards the development (the period for which the claim was made was 01/04/19 – 31/03/20). £12013 was transferred into the Church Account from the Development Account and the Development Account was closed. A further £1210 was later paid towards development costs for glass shelving and vestry flooring (£495 was refunded in January 2021 for the return of faulty tables purchased for the upstairs room). The Benevolent Fund which is now included in the Church Account remains at £353.84. Rothbury URC Fair Trade account was closed and the balance of £9.17 was paid into the Church Account. Investment interest appears disappointing. The £479 shown in the accounts was interest from Janus Henderson. URC Northern Province Trust Ltd. interest was paid late due to COVID. The 2020 payments totalling £1718.53 were paid into our Church Account on 17/03/21. Donations of £36 and £26 were made to Christian Aid and Crisis respectively. On behalf of the church I would like to thank all members and friends for their continued support. . David Madgwick Treasurer