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2022-12-31-accounts

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1A y[at] West Kirby United Reformed Church Connecting your Cammiun ity fo Christ

Report and Financial Statements

Year ended 31 December 2022

Contents

Contents
Page
Trustees Report
StatementofFinancial Activities
Statement of Movement in Funds		 1-2
3
4
Balance Sheet 5
Notes to the financial statements 6-11
Treasurer's statement 12
Independentexaminer'sreport 12

West Kirby United Reformed Church Charity appears on the Register of Charities under Number 1128869

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West Kirby United Reformed Church Charity Trustees Report Year ended 31 December 2022

The Trustees submit their annual report and statement of accounts for the year ended 31 December 2022. The report and statement of accounts were approved at a meeting of the Elders and Trustees on 1st March 2023 and presented to and accepted by the Annual General Meeting of the Church on 15th March 2023

.

Charitable Status

West Kirby United Reformed Church Charity was entered in the Central Register of Charities with effect from 27 March 2009 and registered under number 1128869.

Trustees

The Trustees who were in office during 2022 were: Revd H L Franklin Chairperson Dr J Gamble Resigned October 2022 Mr R A Jackson Mr S P Lakin Mr J Lindsay Treasurer Mr C Usher Church Secretary Mrs J A Usher Mrs E M Wilson Mr A P Wilson

Governing Document

Name and assets

The Charity is called West Kirby United Reformed Church Charity and comprises all the assets and funds held and on behalf of the West Kirby United Reformed Church other than properties held under trusts declared in by Schedule 2 of the United Reformed Church Act 1972 (as amended by the United Reformed Church Acts 1981 and 2000) and those held under other specifically declared trusts.

Objects

The object of the Charity is the advancement of the Christian faith for the benefit of the public in accordance with the Scheme of Union of the United Reformed Church. Trustees and theirresponsibilities Those members of the Elders’ Meeting of West Kirby United Reformed Church who are qualifled and able to serve as charity trustees are collectively the Charity Trustees of the Charity and are appointed and shall act in accordance with the procedures laid down by the Church Meeting of West Kirby United Reformed Church, whichNone ofshall the Trusteesbe in conformity receives awith salarythe Scheme from theof Church and Union of the they are reinbursedUnited Reformed Church, only for expenses incurred. However the Revd HL Franklin does receive a salary from the central office of the United Reformed Church. The Church contributes to this through its annual contribution to the Ministry and Mission Fund. (see note 6)

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West Kirby United Reformed Church Charity Trustees Report Year ended 31 December 2022

Report for 2022

In 2022 the Church continued to pursue Its objective to advance the Christian faith, guided by its Vision of ’ Connecting your Community to Christ’. Revd. Louise Franklin continued to jead the Church and with her guidance the Elders, Staff and Volunteers have combined well to promote the mission of the Church. She also serves St Davids URC, Eastham.

Following the pandemic, the life of the Church returned to normal, activities and outreach recovered and new initiatives were launched. A successful Holiday Club was held in the summer and a new Inititaive was launched - the Family Celebration which was held once a month. It provided an informal form of worship that served members, visitors, families and children.

Our Mother and Toddler Group was able to go back to a more relaxed format and Toddlers for Dads met once a month We also hosted a fellowship event for Ukrainian families once a week and a very well supported special event for these families on Christmas day.

Several Outreach initiatives were held during the year reaching out to our community and to the local business people in particular. We also continued to provide flowering plants for the local railway station, which was much appreciated.

Financial Statements

The financial statements for the year ended 31st December 2022 are on pages 3 to 5. The accounting policies are set out in note 1 on page 6 and further explanatory notes are on pages 6 to 11. The main features of the statements are:

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||||||||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |a)|The|Church|incurred|a|deficit|in|2022|of £50,460|In|Its general|income|and|expenditure.|(In|2021|the|deficit was| |£42,219.)| |b)|There was a a substantial|increase|In the offerings|received|by the Church,|partly thanks to new members| |c)|whoOur feltcontributi able t|o|n s|t|aro|t|makinghe|URC|gM|i|fts.nistry(Seeand NoteMission 2)|Fund,|which|is|set|according|to|our membership|in|the|previous| |year,|reduced to £36,000 (2021|£42,000;|see|note|6)| |d)|in|accordance|with a decision|made|in 2014 the|Interest|from|the|Margery|Price|Jegacy was|credited| |to|the|General|Fund|to|help|offset|the|underlying|shortfall|In|the|Church's|regular|income.| |8)f|interestIn {Ine withof £1,351 Churchwas policyallocated£6,209to wasRestricted allocatedFunds; to the Tithe£941|to Fundthe|(2021Tithe|Fund £3,284),and giving£410|tototalthe IncomeEvans|Fund. for the Fund| |of £7,150|in|2022|allowing|it|to fund|gifts|of £8,284|(see|notes|18|and|20|on|page|11).| |9)|£11,001|was given|to|Christian|good|causes|In|2022|by the|Church|and|Its|organisations|(2021|-|£18,476;| |see|note|11).| |h)|Net|losses|of £67,632|were|seen|in|the|book|value|of investments|(2021:|a|gain|of £64,683)| |)}|£50,000|from|the|Margery|Price Legacy were|credited|to the|General|Fund,|so|despite|the|operating|deficit| |and|Its|share|of the|loss|on|investments,|the|General|Reserve|at|31|Dacember 2022|stood|at £29,654| |D|The|church|holds the money|received|from|the|Margery|Price Legacy|In|a special|fund|while|decisions|are| |made|regarding|Its|use.|Further transfers|to|the|Genera!|Fund|are|likely|to|be|necessary|to|offset|future| |operating|deficits.| |kK)|St|David's|URC|Eastham|contributes 25%|of the|relevant|expenses|Incurred|by our|Minister|

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Prospects and Risks

We pray that the recent growth in membership and offerings may continue but we are aware that the Church Is likely to experience further annual financlal deficits as it invests to pursue its Vision. However It has retained a substanial part of the Margery Price Legacy, from which both the Income and the capita! are avaitable to offset the imbalance in the Church's regular income and expenditure. The income currently generated by investing the legacy will reduce as it is used, and although offerings have risen recently, efforts need to continue to boost Income and to manage costs in order to bring the Church's finances Into . baiance. It may take some time to achieve this, but the Legacy Fund is sufficient to support our Vision for several more years.

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West Kirby United Reformed Church Charity

Statement of Financial Activities

for the year ended 31 December 2022

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|||||||||| |---|---|---|---|---|---|---|---|---| |GeneralUnrestrictedDesignatedFunds|RestrictedFunds|Total2022|Total2021| |Notes|£|£|£|£|E| |Incoming|resources| |Voluntary|Income|2|86,570|701|1,539|88,810|72,121| |ActivitlesGrants Recelved generating|funds|34|11,5121,000|13,5112,500|8500|25,0234,350|8,1841,500| |Investment income|5|15,283|0|1,351|16,634|18,376| |Total Incoming|resources|114,365|16,712|3,740|134,817|100,18| |Resources|expended| |URC|Ministry and|Misslon Fund|6|36,000|0|0|36,000|42,000| |Ministry|7|4,456|0|)|4,456|3,182| |Premises Costs (Incl major repairs)|8,17|52,256|0|0|52,256|31,347| |Administrative|costs|9|4,950|57,793|0|62,743|47,696| |Church organisations|and activitles|10|0|18,782|0|18,782|10,331| |Donations|passed on|11|0|1,223|9,778|11,001|18,476| |Total|resources expended|97,662|77,798|9,778|185,238|153,032| |Net incomingoutgoing)|resources| |before transfers|16,703|(61,086)|(8,038)|(80,421)|(52,851)| |Transfers| |To|Designated|Funds| |Major Repalrs|17|0|0|0| |ChurchDiscipleshiporganisations Fund|1717|(2,434)0|2,434ie]|0|00|00| |Staff Funds|17|(57,793)|57,793|0|0|0| |Outreach|and|Evangelism|17|{727)|727|9)|0|0| |To Restricted Funds| |Tithe|Fund|18|(6,209)|0|6,209|0|0| |(67,163)|60,954|6,209|0|0| |Net surplus/(deficit)|for|the year|(50,460)|(132)|171|(50,421)|(52,851)|

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West Kirby United Reformed Church Charity

Statement of Movement in Funds for the year ended 2022

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|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |Unrestricted|Funds|Restricted|Fotal|Total| |General|Designated|Funds|2022|2021| |Notes|£|g|£|zg|g| |Total|funds|brought forward|at|1|January|32,977|48,113|§36,253|617,343|605,511| |Net deficit for the year|(50,460)|(132)|171|(50,421)|(52,851)| |Transfer to|General|Reserve|16,18|50,000|it]|(50,000)|0|it]| |Movement|In value|of investments|12,18|(2,883)|it)|(64,769)|(87,632)|64,683| |Total funds carried forward|at 31|December|20,664|47,981|421,655|499,290|617,343|

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Approved by the Trustees at a meeting on 1st March 2023 and Accepted by the Annual General Meeting of the Church held on 15th March 2023

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§
f
ik
Signed by Rev'd Loulse Frankiin (Chair of Trustees) C9CON,; Neyo.AAG, Dy, 2 Vay 4
{signature}
and by James Lindsay (Trustee and Treasurer) +
. a, Prt (signature) aa
The noteson pages 6 to 14 and the statements onpage 12form part pf these financlal statements
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West Kirby United Reformed Church Charity

Bafance Sheet As at 31 December 2022

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|||||||| |---|---|---|---|---|---|---| |Unrestricted Funds|Restricted|Total|Total| |General|Designated|Funds|2022|2021| |Notes|£|£|£|£|£| |Fixed Assets| |Tangible assets|ic|0|0|fo)|0|0| |investments|12|25,254|44,996|411,850|482,099|599,731| |Current|Assets| |Debtors|13|586|0|1,500|2,086|401| |Bank balances|14|6,881|4,279|8,455|16,615|19,514| |Cash|tn hand|32|1,707|0|1,739|500| |7,499|2,986|9,955|20,440|20,415| |Current|Llabllities| |Creditors payable withIn one year|15|3,099|it)|150|3,249|2,803| |TotalNet Current Net Assets Assets|a29,6544,400|47,9812,986|4219,805 1855|499,29017,191|617,34317,612| |The|Funds|of|the|Charity| |Unrestricted income funds| |General|16|29,654|0|0|29,654|32,977| |Designated|17|0|47,981|0|47,981|48,113| |Total|29,654|47,981|77,635|81,090| |Restricted funds|18|0|0|421,655|421,655|§36,253| |Total Funds|20,854|[BT]|AT|[427,855]|[499,200,]|[617,343]|

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Approved by the Trustees at an Elders’ meeting on 1st March 2023 Accepted by the Annual General Meeting of the Church held on 15thMarch 2023 + Signed byRev‘dLouise Franklin (ChairofTrustees) Scien (signature) and by James Lindsay (Treasurer) d a (signature) The notes on pages 6 to 11 and the statements on page 12 form p rt 4f these financlal statements

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West Kirby United Reformed Church Charity

Notes to the statement of Financial activities for the year ended 34 December 2022

1 Accounting Pollcies 1a Basis of accounting West Kirby United Reformed Church Charity appears on the Register of Charities under Number 1128869 The financtal statements have been prepared In accordance with the Charity Statement of Recommended Practice {SORP - FRS 102) issued by the Charities Commission, and follow the guidance of the United Reformed Church. The accruals basis of accounting has been adopted and the principal accounting policies set out below are applied consietently.

1b Fund Accounting Unrestricted and Designated funds are avallable for use at the discretion of the Church in furtherance of its charitable objectives. Specific Designated Funds are used to controf the finances of the various Church organisatlons, projects and activities. Restricted funds are subjected to restrictions on thelr expenditure imposed by the donor(s), or contained in the terms of a grant. Restricted funds are also used to control the funds collected for the Christian Charities supported by the Church and its fellowship.

fc Tanglble Fixed Assets Freshold property: The owner of the church and manse buildings is the URC Mersey Synod Trust which holds them in trust for purposes connected with West Kirby URC. The Mersey Synod provides discretionary grants towards major repairs to the church and manse. Expenditure on repairs to the church and manse Is written off in the year it Is Incurred. Equipment: Expenditure on movable items costing less than £10,000 Is written off in the year in whlch it is Incurred. Depreciation is provided on movable items costing £10,000 or over at the following annual rates calculated to write off assets over their estimated useful lives. Currently all assets that would qualify have been fully written off in line with this policy Electronic equipment (including computers) 33.33% (over 3 years) Musical Instruments 20% (over 5 years) Furniture 10% {over 10 years)

1d Incoming resources

All voluntary giving and other routine income, including the tax recovery from donations under Gift Ald, is Included in the perlod In which it js received. Legacies are accounted for when thelr receipt is certaln and can be properly quantified.

1e Resources expanded The contribution to the URC Ministry & Mission Fund ts paid regularly and charged to the year to which ft relates. Resources expended are recognised in the period in which they are incurred and Include attributable VAT which cannot be recovered. Appropriate accruals are made for algnificant expenses committed but not yet pald at the year end. Expenses are allocated to the particular activity to which they relate. No governance costs are currently being incurred. As moet of the management and activity of the Church Is cartied out by volunteers, this intangible cost Is not recorded In these financial statements. This voluntary contribution to the life of the Church is Incalculable.

2 VoluntaryIncome Unrestricted Funds
General
Designated		 Restricted
Funds		 Total
2022		 Total
2021
RegularOfferings
Freewill offerings bybanktransfer
Freewill looseofferings
DonationsandLegacies
IncometaxrefundsunderGiftAld		 £
£
§5,393
4,060
§8,453
13,278
13,839
86,570		 0
0
0
0
701
701		 £
0
0
0
1,539
0
1,539		 £
55,393
4,060
§9,453
14,817
14,540
88,810		 £
48,686
3,248
51,934
9,694
10,493
72,121

Note: Donations and legacies for 2022 inludes £12,586 received form the estate pf Miss M. Price

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West Kirby United Reformed Church Charity

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West Kirby UnitedUnited Reformed Church Charity West Kirby UnitedUnited Reformed Church Charity Page 7
Notesto the statementof Financial activities -continued
forthe yearended 31 December2022
3 Activitles generatingfunds UnrestrictedFunds
=Restricted
General
Designated
Funds
£
£
£		 Total
2022
£		 Total
2021
£
Sundry lettings
ChurchWeekend
EcoFund		 11,512
0
0
4,403
0
0		 0
0
0		 11,512
4,403
0)		 3,930
0
50
FlowerFund 0
0		 0 0 0
Worship/ MusicTracks
HollidayCuband FamilyCelebration
OutreachandEvangelism		 0
1,090
)
390
0
1,240		 0
)
0		 1,090
390
1,240		 19
342
848
ToddlerGroup
Youth actlvitles		 0
4,881
0
1,507		 0
0		 4,884
4,507		 1,942
4,053
11,512
13,511		 0 25,023 8,184
UnrestrictedFunds Restricted —‘Total Total
4 Grants Recelved General
Designated		 Funds 2022 2021
: £
£		 £ £ £
Discipleship Fund
GrantfromSynodtowardsFuel costs
GrantforUkralne Support
Grants from URC/Syned forYouth Activities		 0
)
41,000
0
0
0
0
2,500
1,000
2,500		 1)
1)
850
0
850		 ft)
1,000
850
2,500
4,350		 1,500
0
0
0
1,500
UnrestrictedFunds Restricted Total Total
5 InvestmentIncome General
Designated
£
£		 Funds
£		 2022
£		 2021
£
Bank and Loan Interest
CCLAEthical Investment Fund
InvestecWealth		 6
0
41,395
0
3,882
0		 0
1,000
351		 6
12,395
4,233		 4
12,816
§,559
15,283
0
1,351
6 MinistryandMissionFund
TheChurchcontributestothecentralcostsoftheURC inproviding ministers, running
thedenomination andthewidermission ofthe National Church.
UnrestrictedFunds
Restricted
7 Ministerial costs
General
Designated
Funds		 16,634
2022
£
36,000
=Tofal
2022		 18,376
2021
£
42,000
Total
2021
£
£		 £ £ £
Carexpenses
Telephone Inc! mobilephone
Books
Otherexpenses		 2,974
0
677
0
123
0
240
1)		 0
0
0
0		 2,974
677
123
240		 2,300
637
68
45
Prayerand otherMinistry (including pulpitsupply)
Worshipmaterials		 99
0
343
0
4,456
0		 0
0
0		 99
343
4,456		 0]
132
3,182
Note: These costs are net ofthe contribution made by St David's URC, Eastham
UnrestrictedFunds Restricted Total Total
8 Premises costs General
Designated		 Funds 2022 2021
£
£		 £ £ £
Caretaking andcleaning
Caterlng
Heatand Light(Gross -seeNote)
Insurance
CouncilTax		 12,145
0
468
0
10,486
0
4,119
0
1,868
0		 0
0
0
0
0		 12,145
468
10,486
4,119
1,868		 8,892
83
5,182
3,888
1,803
Watercharges
Repairsandmaintenance
Musical instruments (repairsandtuning)
Equipment(small items)		 1,810
0
20,788
0
305
0
267
0
52,256
0		 0
it)
0
0
0		 1,810
20,788
305
267
52,258		 1,809
8,246
0
1,444
31,347

Note: A grant of £1,000 was received from the URC Marsey Synod to help with Heat and Light costs

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West Kirby United Reformed Church Charity

Notes to the statement of Financial activities - continued for the year ended 31 December 2022

for thethe for thethe year endedended 31 December 20222022
Unrestricted Funds Restricted Total Total
9 Administrativecosts General Designated Funds 2022 2021
StaffandRelatedCosts
Telephone and IT		 £
0
1,000		 £
57,793
0		 £
0
0		 £
57,793
1,000		 £
44,213
4,057
Printing, postage and stationery 1,327 0 0 1,327 4,233
Seminars, conferences andtraining 290 0 0 290 0
Subscriptions
Sundryexpenses		 772
1,561		 ft)
0		 ft)
0		 772
1,561		 724
469
4,960 57,793 0 82,743 47,698
Unrestricted Funds
=		 Restricted Total Total
10 Costs ofChurchorganisationsand General Designated Funds 2022 2021
activities (seeNote 17) £ £ £ £ £
Discipleship 0 1,765 0 1,765 3,343
Churchweek-end (bi-annual) 0 4,774 0 4,774 0
Flower Fund 0 11 0 14 10
HolidayCluband FamilyCelebration 0 529 0 529 711
Break-out 0 29 0 29 161
Outreachand Evangelism
TimeforGod
Toddlers
Worship/Music Tracks		 0
0
0
0		 4,817
0
3,176
936		 0
0
0
0		 1,817
0
3,176
936		 4,431
17
1,544
0
Youth Activities 0 5,745 0 5,745 3,114
0
18,782
UnrestrictedFunds		 0
Restricted		 18,782
Total		 10,331
Total
11 Donations and Gifts passed on General Designated Funds 2022 2021
£ £ £ £ £
Toddlers 0 1,073 1) 1,073 778
ChurchesTogether JnWest Kirby 0 150 0 150 100
Ann Fursdon/AIM 0 0 550 550 4,282
ChartesThompson Mission 0 0 0 0 0
EvangelicalAlkance
LeprosyMission
Reach		 i)
0
0		 0
0
0		 150
470
3,000		 150
470
3,000		 150
655
3,000
Safe Familles for Chikdren 0 0 678 678 1,000
Ukraine Support
Visible Ministries
WirralYouthforChrist		 0
0
0		 0
0
0		 1,050
0
2,800		 1,050
0
2,800		 0
2,000
4,800
Other 0 0 300 300 622
MissWO Evans Fund 0 0 780 780 1,089
0 1,223 9,778 11,004 18,476

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West Kirby United Reformed Church Charity

Notes to the statement of Financial activities - continued for the year ended 31 December 2022

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42 Investments Unrestricted Funds Restricted Total Total
Original [investment][ values] [-] [Cost] General£ Designated£ Funds£ 2022g 2021£
CCLA/Coif Ethical Investment fund (2022 - 139,321 units) 4,846 16,623 193,168 214,637 233,068
Tota!Investec Wealth 14,7419,895 24,5457,922 253,99260,824 293,27878,641 323,16390,095
Cumulative unrealised galns to 31st December 2022
CCLA/Colf Ethical Investment fund 7,187 16,614 137,409 181,210 232,946
tnvestec Wealth 3,328 3,838 20,449 27,611 43,620
Total 10,513 20,450 157,858 188,821 276,568
Market Value - as at 31st December 2022
CCLA/Coif Ethical Investment fund 12,033 33,237 330,577 375,847 466,017
Investec Wealth —__ 13.221 14,758 84,273 106,252, 133,714
Total market value e973
Note: Nat investment losses of £67,632 were accrued In 2022 (2021 galn of £64,883). Annual gains or losss are credited/charged
to the General Fund and other funds in proportion their holding in the Investments. (the allocation to Restricted Funds is shown
in Note 18.)
CCLA/Colf Investec Total
Movements In Investment Funds In the year Ethical Fund Weatth
£ £ £
Opening balance -1st January 2022 466,017 133,714 599,731
Purchases/(Sales) In the year (33,000) (17,000) (50,000)
Unreallsed logs In the year (57,170) (10,462) (87,832)
Closing balance - 31st December 2022
Unrestricted Funds Restricted Total Total
13 Debtors General Designated Funds 2022 2021
£ £ £ £ £
Recovery due from St Davids Eastham 566 a) 0 566 401
Recovery due from URC 20 0 0 20 0
Welfare loans 0 0 1,500 1,500 0
S86 0 1,600 2,088 401
Unrestricted Funds Restricted Total Total
14 Bank Balances General Designated Funds 2022 2021
£ £ £ £ £
Santander Currant Account 6,384 583 3,658 10,602 2,745
Santander Deposit Account §00 716 4,797 6,013 16,769
8,884 1,270 8,455 16,615 19,514
Unrestricted Funds Restricted Total Total
45 Creditors and other Current Liabilitles General Designated Funds 2022 2021
£ £ £ £ £
Accrual for committed expenses 3,099 0 150 3,249 2,778
Payments received in advance for hall lettings 0 0 0 0 25
Note: As stated in Accounting Policy 16, appropriate accruals are made for significant3,099 expenses incurred0 or committed150 but not3,249 yet paid. 2,803
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West Kirby United Reformed Church Charlty

Notes to the statement of Financial aotivitles - continuad for the year ended 31 December 2022

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18 General Funds

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The movements In the Genera! Funds of the Church in the years from 2016 to 2022 were as follows:
2016 2017 2018 2019 2020 2021 2022
£ £ £ £ £ £ £
Opening balance 65,580 62,226 60,652 30,608 7,087 21,638 32,977
Income 137,734 134825 136,579 115,847 88,793 91,564 114,365
Expenditure (85,572) (91,785) (24,414) (85,623) (75,870) (80,012) (97,662)
Transfers to Funds (55,518) (57,937) (62,014) (62,510) (89,035) (53,771) (87,163)
Transfers to General Fund (see note) 0 0 0 8,489 60,000 50,000 60,000
Realleed and Unreatised Gains/Losses is} 3323 (195) 258 683 3,558 (2,863)
Cloalng balance ee62,226 50,652 30,608 7,067 21,638 32,977 29,654
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Note: The large legacy recelved between 2011 and 2013 is held in a Restricted Fund white decisions are made about its use (See note 19). Substantlal transfers have been made from this fund to the General Reserve in recent years to offset the annual deficit. Income from this legacy hae aigo been credited to the General Fund from 2014 onwards, as were emalier legacies and donations.

17 Designated Funds

As stated In Accounting Pollcy 1b, specific Designated Funds are used to controt the Income and expenditure of the various Church organisations, activities and special projects. Grants ere provided by the general fund of the Church to the organisations every year to help mest their coste. Some are also suported by grants from the Margery Price Legacy. These funds Include:

Staff Funds: These funds are used to monitor and control the emptoyment of our Youth Worker and-Communtoations Manager, The coats incurred are mat by transfers from the General Fund each year whie maintalning a balance of £28,000 to mast the possible cost of any severance/redundancy payments that might prove necassary.

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The Disclplashtp Fund which were set up in 2014 by a grant from the Margery Price Legacy to provide support for Church Members to attend
training or other discipleship activities.
The movements In the Designated Funds during the year were as follows:
balanceOpeningat from/toGrants to/fromTranstersMP Income,Other Expenditure balanceClosing at
4st Jan 2022 General Legacy Fund donattons In year 31 Dec
Funds and grants 2022
Church Organtsations and activities
Break-out/Chidren’s Church 0 23 is) 0 (28) 0
Church week-end (200) S71 0 4,403 (4,774) a
Eco Fund 60 0 0 0 0 50
Flower Fund 63 0 0 0 (11) 52
Holiday Club and Family Celebration 0 139 0 390 (529) 0
Outreach and Evangellam (s¢e Note a) 0 727 0 1,240 (1,967) 0
Toddiera (see Note b) 374 0 0 5,582 (4,249) 1,707
Worshlp/Musio Tracks 49 (e) ie) 1,090 (838) 203.
Youth Activities (see Note c) 324 1,695 ie) 4,007 (5,745) 281
Sub-total Church Organisations and activities 680 3,161 ie] 18,712 (18,240) 2,293
Discipleship Fund 19,453 ) ) 0) (1,765) 17,688
Staff Funds 28,000 57,793 (t) () (57,793) 28,000
Total Designated Funds 48,113 80,054 0 18,712 (77,798) 47,981
Note a: Expenditure on Outreach and Evangeliem Included £150 contributed to Churches Together In Weat Kirby
Note b: Expenditure by Toddlers for 2022 included £1073 given to various charities (eee note 11).
Note c: A grant of £2,500 wae received from the URC Mersey Synod to be used to buy equipment for Youth Activities.
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West Kirby United Reformed Church Charity

Notes to the statement of Financial activities - continued for the year ended 31 December 2022

18 Restricted Funds

As stated in the Accounting Policy 1b, the Church uses pacific Restricted Funds to control money donated by the Church and its fellowship to support Christian Charitiss and activities. In addition, the Church maintains three established Restricted Funds for specific purposes of which two (the Miss WO Evans Fund and the Margery Price Legacy) were set up on receipt of substantial legacies.

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Movements in the Restricted Funds In 2022 were are follows:
Opening Grants from the income, Grants and vnveainee and Closing
balance at Tithe Fund and transfers and Donetlons passed investments {see balance at
ist Jan22 other transfers donations on note 12) 31 Dec 22
£ £ £ £ £ £
Ann Furedon/AlM 324 2,000 0 (650) 0 1,774
Charles Thompson Mission 0 a 0 ie] ie) 0
Church Week-end Bursary Fund 1,175 is} ie) (300) i¢] 875
Evangelical Alilance ¥) 150 ) (150) 0 0
Leprosy Mission 0 300 170 (470) 0 0
Reach 0 3,000 0 (3,000) i) 0
Safe Familes for Children ") 34 644 (678) 1) 1)
Ukraine Support 0 0 1,050 (1,050) is] 0
Wirral Youth for Chriet 0 2,800 it) (2,800) 0 0
Mies WO Evans Fund 14,861 0 926 (780) (1,812) 13,195
Other 0 0 9 0 0 9
Sub-total 18,360 8,284 2,799 (8,778) (1,812) 15,883
Margery Price Legacy (see Note 19) 485,083 (50,000) 0 0 (58,828) 376,255
Tithe Fund (ses Note 20) 34,810 (8,284) 7,150 0 (4,129) 29,547
Total 636,263 (60,000) 9,049 (9,778) {64,769} 421 885
49 Margery Price legacy
The total recelved between 20114 and 2013 from Margery Price's estate was £1,083,392. 10% (£108,339) wae set aside to create lhe Margery
Price Tithe Fund (later merged with the Fund for Chrietlan Organlaations to form the Tithe Fund’), saving £975,053 In the main legacy fund.
From the legacy fund various grants have bean made - partly offset by gaine from Investing the funds, The substantial expanditure on the
Re-ordering Project resuiled In a significant reduction in this fund during 2016, 2017 and 2018.
From 2014 onwards, all Income received from the interest and diidends generated by Investing the Legacy Fund has been credited
to the General Fund to help offeet some of tha underlying deficit in the regutar income and expenditure of the Church. In recent years
Transfers have been made to the General Fund to offset the annual deficit. Further similar transfers are likely to be necessary in future.
20 TitheThe TitheFund Fund was created at the beginning of 2015 by the merger of the estabfished Fund for Christlan Charities and the MP The Fund, which
wae set Up with 10% of the receipts from the Margery Price legacy. The combined fund fe now the main channel by which the Church supports
related Christian charities and good causes, 10%of the net regular income of the Church after deducting ka contribution to the URC
Minlstry and Mission Fund [s credited to the fund each year, along with the appropriate share of Investment income and capital gains.
From the fund, one-offor regular gifts are made as agreed by the Church Meeting.
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Page 12

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West Kirby United Reformed Church Charity
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Notes to the statement of Financlal actlvitles - continued for the year ended 31 December 2022

Treasurer's Statement

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| have prepared the financlal statements on pages 3 to 5 for the year to 34 bear 2022 (and the supporting notes
on pages 6 to 11) in accordance withthe accountjrg policies of the Church’
‘
James Lindsay y, yerlr RRERKAAbe, RRRnA
45th March 2023
Independent Examiner's Report to the Trustees of West Kirby United Reformed Church
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1 report on the financial statements of West Kirby United Reformed Church for the year ended 31 December 2022, which are set out on pages 3 to 5 and the supporting notes on pages 6 to 11.

Respective responsibilities and basis of report

As the charity trustees of the Church you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). | report in respect of my examination of the Church's accounts carried out under section 145 of the 2011 Act and in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 146(&)(b) of the Act. Basls of Independent Examiner's report

My examination was carried out in accordance with the General Directions of the Charity Commissioners. An examination Includes a review of the accounting records kept by the Church and a comparison of the accounts presented and seeking explanations concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently | do not express an audit opinion on the view given by the financial statements.

Independent Examiner's statement

i have completed my examinatlon. | confirm that no material matters have come to my attention In connection with the examination giving me cause to belleve that In any material respect:

  1. accounting records were not kept in respect of the Church as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and falr view which js not a matter considered as part of an independent examination.

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| have no concerns and have come across no other matters In connection with the examination to which attention
should be drawn tn this report in order to enable a proper understandin accounts to be reached.
[Independent] [Examiner] C~aA~~~s 15th March 2023
Signed [by][ the] a LL
aaa a
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Tim Pugh 30 Queensbury West Kirby Wirral CH48 BEP

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