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2023-12-31-accounts

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aw * h West Ya Kirby CompeckingUnited Reformedyour ¢ enmseneyChurchba Clivist

Report and Financial Statements 31 Year ended December 2023

Page Contents Trustees Report 1-2 Statement of Financia! Activities 3 : Statement of Movement in Funds 4 Balance Sheet 5 Notes to the financial statements 6-11 Treasurer's statement 12 Independent examiner's report 12

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

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Page 1

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West Kirby United Reformed Church Charity Trustees Report Year ended 31 December 2023

The Trustees submit their annuaf report and statement of accounts for the year ended 31 December 2023. The report and statement of accounts were approved at a meeting of the Elders and Trustees on 7th February 2024 and presented to and accepted by the Annual General Meeting of the Church on 28th February 2024

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 2023 were: Revd H L Franklin Chairperson

Mr R A Jackson Mrs S Jackson Appointed 15th March 2023 MrS P Lakin : Mr J Lindsay Treasurer Mrs JR Merrin Appointed 15th March 2023 Mrs L M Ryan Appointed 15th March 2023 Mr C Usher Church Secretary Mrs J A Usher Nirs E M Wilson

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Mr A P Wilson
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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 tha Scheme of Union of the United Reformed Church.

Trustees and their responsibilities

Those members of the Elders' Meeting of West Kirby United Reformed Church who are qualified and able to serve as charity trustees are collectively the Charity Trustees of the Charity and are appointed and shail act in accordance with the procedures laid down by the Church Meeting of West Kirby United Reformed Church, which shall be in conformity with the Scheme of Union of the United Reformed Church. None of the Trustees receives a salary from the Church and they are reinbursed only for expenses incurred. However the Revd H L 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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Page 2

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West Kirby United Reformed Church Charity Trustees Report Year ended 31 December 2023 Report for 2023 In 2023 the the Church continued to pursue its objective to advance the Christian falth, guided by its Vision of ’ Connecting Connecting your Community Community to Christ’. Revd. Loulse Franklin continued to fead the Church and with her guidance the guidance the the Elders, Staff and Volunteers have combined well to promote the mission of the the Church. She also serves St Davids URC, Eastham. A bereavement bereavement course was run and was much was much much appreciated by those who those who who attended. Further similar course course are planned. A successful successful Holiday Club was Club was was held in the summer and the summer and summer and and our new initiative new initiative initiative - the Family Celebration, Celebration, was held once once a month. it provides an informa! form form of worship that worship that that serves members, members, visitors, families and and children. Further Youth Youth and Children's activies were were launched including a ‘Drop in' for primary school primary school school children on Fridays. Our Mother Mother and Toddler Group grew grew again after the the pandemic and and Toddlers for Dads Dads met once a month in term time. We also hosted a ’schoo!' for Ukrainian families once a week

In 2023 the the Church continued to pursue its objective to advance the Christian falth, guided by its Vision of ’ Connecting Connecting your Community Community to Christ’. Revd. Loulse Franklin continued to fead the Church and with her guidance the guidance the the Elders, Staff and Volunteers have combined well to promote the mission of the the Church. She also serves St Davids URC, Eastham. A bereavement bereavement course was run and was much was much much appreciated by those who those who who attended. Further similar course course are planned. A successful successful Holiday Club was Club was was held in the summer and the summer and summer and and our new initiative new initiative initiative - the Family Celebration, Celebration, was held once once a month. it provides an informa! form form of worship that worship that that serves members, members, visitors, families and and children. Further Youth Youth and Children's activies were were launched including a ‘Drop in' for primary school primary school school children on Fridays. Our Mother Mother and Toddler Group grew grew again after the the pandemic and and Toddlers for Dads Dads met once a month in term time. We also hosted a ’schoo!' for Ukrainian families once a week Several Outreach initiatives were held during the year reaching out to our community and to the focal business people in particular. We also continued to provide flowering pfants for the locaj railway station, which was much appreciated. Financial Statements The financial statements for the the year ended ended 31st December 2023 are 2023 are are on pages 3 to 5. The accounting policies are set in note 1 on page 6 and further explanatory notes are on pages 6 6 to 11. The main features of the the statements are: a) The Church General Fund incurred a deficit in 2023 of £49,853 in {ts general income and expenditure. (In 2022 the deficit was £50,460.)

The financial statements for the the year ended ended 31st December 2023 are 2023 are 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 6 to 11. The main features of the the statements are:

Prospects and Risks

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We pray that the recent growth in membership and offerings may continue but we are aware that the Church is {ikely to experience further annual financial deficits as it Invests to pursue Its Vision. However It has retained a substanlal part of the Margery Price Legacy, from which both the income and the capital are available 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 . balance. 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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Page 3

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West Kirby United Reformed Church Charity

forStatement of Financial Activities the year ended 31 December 2023

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|||||||||| |---|---|---|---|---|---|---|---|---| |Unrestricted|Funds|Restricted|Total|Total| |Notes|General|—|Designated|Funds|2023|2022| |IncomIng|[resources]|£|£|£|£|£| |ActivitiesVoluntary|income|2|81,390|577|1,088|83,055|88,810| |Grants|generating funds|3|13,833|18,304|0|32,137|25,023| |Recelved|4|0|15,080|0|15,080|4,350| |Investment Income|5|14,060|ie)|1,331|16,391|16,634| |Total Incoming|resources|109,283|33,961|2,419|145,663|134,817| |ae|1|EL|———| |Resources expended| |URC|Ministry and Mission Fund|6|37,500|0|0|37,500|36,000| |Ministry|7|4,132|0|0|4,132|4,456| |Premises Costs (incl major repalrs)|8,|17|44,389|0|0|44,389|52,256| |Administrative|costs|9|4,013|60,013|0|64,026|62,743| |Church organisations and activities|10|0|19,362|0|19,362|18,782| |Donations passed on|1t|0|1,359.|9,643|-|141,002|-|11,001| |Total resources expended|90,034|80,734|9,643|180,414|185,238| |Net incoming/(outgoIng)|resources| |Transfers| |before transfers|19,249|(46,773)|(7,224)|(34,748)|(50,421)| |To Designated Funds| |Church organisatlons|17|(2,904)|2,904|0|0|0| |Discipleship Fund|17|0|0|0|0)|0| |Staff Funds|17|(60,013)|60,043|0|0|0| |Outreach and Evangelism|17|{401)|401|0|0|e]| |To|Restricted|Funds| |Tithe Fund|18|(5,784)|Q|5,784|0|0| |(89,102)|63,318|5,784|0|0| |Net|$e|—| |surplus/(deficit) for the year|(49,853)|18,545|(1 440)|(34,748)|(50,421)|

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West Kirby United Reformed Church Charity

Statement of Movement in Funds for the year ended 2023

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|||||||||| |---|---|---|---|---|---|---|---|---| ||| |Unrestricted Funds|Restricted|Total|Total|i| |Notes|General£Designated£Funds|2023|2022|i| |Total funds brought forward|at|1 January|29,654|47,981|421,655|499,290|617,343| |Net deficit for|the year|(49,853)|18,545|(1,440)|(34,748)|(50,421)||| |Transfer|to General Reserve|16,18|55,000|0|(55,000)|0|0||;| |Reallsed gains from sale of Investments|12,18|1,249|0|0|1,249|(3,854)|:| |Unreatised gain/(loss) in value of investments|12,18|2,440|0|32,211|34,651|(63,778)| |Total funds carried forward at 31 December|38,490|64,526|397,426|500,442|499,280| |]| ||| ||| ||| |Approved by the Trustees at a meeting on 7th Februery by the Trustees at a meeting on 7th Februery the Trustees at a meeting on 7th Februery Trustees at a meeting on 7th Februery at a meeting on 7th Februery a meeting on 7th Februery meeting on 7th Februery on 7th Februery 7th Februery Februery|2024 and and||| |Accepted|by|the Annual General Meeting ofthe Church Annual General Meeting ofthe Church General Meeting ofthe Church ofthe Church Church|held on on|28th February February|2024|j||

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Approved by the Trustees at a meeting on 7th Februery by the Trustees at a meeting on 7th Februery the Trustees at a meeting on 7th Februery Trustees at a meeting on 7th Februery at a meeting on 7th Februery a meeting on 7th Februery meeting on 7th Februery on 7th Februery 7th Februery Februery 2024 and and Accepted by the Annual General Meeting ofthe Church Annual General Meeting ofthe Church General Meeting ofthe Church ofthe Church Church held on on 28th February February 2024

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Signed by Rev'd Louise Franklin (Chair of Trustees) > AL 1/, >) B
(sigrfayire)
and by James Lindsay (Trustee and Treasurer) ‘
“ (sifnature)
The notes on pages 6 to 11 and the statements on page 12 form part of thess Fhancial statements
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Page 5

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West Kirby United Reformed Church Charity

AsBalanceat 31 SheetDecember 2023

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||||||||| |---|---|---|---|---|---|---|---| |Unrestricted| |General|Funds|Restricted|Total|Total| |Notes|Designated|Funds|2023|2022| |Fixed|Assets|£|£|£|£|£| |Tanglble assets|1c|OO0|0|@|0|id]| |Investments|12|36,943|49,995|391,061|477,999|482,099| |Current Assets| |Debtors|13|1,908|0|1,500|3,408|2,086| |Bank balances|14|2,589|13,024|4,865|20,478|16,615| |Cash|in|hand|NN106|1,507|0|1,613|1,739| |Current|Ltabilltles|4,601|14,531|6,365|25,497|20,440| |Creditors payable within one year|16|3,054|0|0|3,054|3,249| |Net Current Assets|1,547|14,531|6,365|22,443|17,191| |Total Net Assets|38,490|84,526|397,426|500,442|499,290| |The Funds of the Charity| |Unrestricted|Income funds| |General|16|38,490|0|0|38,490|29,654| |RestrictedDesignatedTotal|17|oe.38,4900|SS64,52664,526 —|EE0|103,01664,526 EEa47,98177,635| |funds|18|0|0|397,426|397,426|421,655| |ee|nas|Le|ees| |Total Funds|~.38,490 —*64,526_|307,428|500,442|400,500|

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AcceptedApproved byby thethe Annual TrusteesGeneral at an Elders’Meeting meetingof the onChurch 7th Februaryheld on 202428th February 2024

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Signed by Rev'd Louise Franklin (Chalr of Trustees) ee). 234
and 4 (signature)
A
by James Lindsay (Treasurer) ¢ Lot,.
Lf Gate (signature)io, Teh
The notes on pages 6 to 11 and the statements on page 12 for ke of these financlal statements :
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Page 6

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West Kirby United Reformed Church Charity Notes to the statement of Financlal activities for the year ended 31 December 2023

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1 Accounting Policies
ta Basis of accounting
West Kirby United Reformed Church Charity appears on the Register of Charities under Number 1128869
The financial statements have been prepared in accordance with the Charity Statement of Recommended Practice (SORP -
TheFRS 102)accrualsIssuedbasis by ofthe accounting Charities Commission,has been adopte an d followand thetheprinc gu i dp a lnceaccounting of the Unitedpolicies Reformed set out Church. below are applied consistently.
1b Fund Accounting
Unrestricted and Designated funds are avallable for use at the discretion of the Church In furtherance of Ite charitable objectives.
Specific Designated Funds are used to control the finances of the varlous Church organisations, projects and activities.
Restricted funds are subjected to restrictlons on their expenditure Imposed by the donor(s), or contalned in the terms of a grant.
Restricted funds are also used to control the funds collected for the Christian Charitles supported by the Church and its fellowship.
1c Tangible Fixed Assets ;
Freehold property: The owner of the church and manse bulldings 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 repalrs 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 which 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 thelr estimated useful lives. Currently all assets that would quailify 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 period In which it Is recelved. Legacies are accounted for when their receipt Is certain and can be properly quantified.
1e Resources expended
TheResources contribution expended to theare URCrecognised Ministry &in Misslon the peried Fundin which is paid they regularly are Incurred and charged and Include to the yearattributable to which VATit relates. which cannot be
fecovered. Appropriate accruals are made for significant expenses committed but not yet paid at the year end.
Expenses are allocated to the particular activity to which they relate.
No governance costs are currently being Incurred.
As most of the management and activity of the Church is carried out by volunteers, this intangible cost is not
1f Taxationrecorded in these financial statements. This voluntary contribution to the life of the Church is incalculable.
. Ai s partpotentially of the exempt United Reformed from taxation Church,in respec Wes t Kirbyof Income URC and is ancapital exempt gains charity within received to the the m e xtentaning that of the such Taxesincome Acts. andAccordingly galns are it
2 appiled to exclusively charitable purposes, Therefore no provision for taxation has been made in these financial statements.
Voluntary income Unrestricted Funds Restricted Total Total
Regular Offerings General£ Designatedg Funds£ 2023£ 2022£
Free will offerings by bank transfer 59,414 0 0 59,414 55,393
Free will offerings by credit card 594 0 0 594 370
Free will loose offerings 3,749 0 if) 3,749 3,690
Donations 63,757 0 0 63,757 59,453
Income and Legacies 3,898 0 1,088 4,986 14,817
tax refunds under Gift Aid 13,735 577 0 14,312 14,540
a 81,390 577 4,088 83,055 —=—88,810
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

Page 7

Notes to the statement of Financial activities - continued for the year ended 31 December 2023

3 Actlvitles generating funds Unrestricted Funds _—Restricted
General
Designated
Funds		 Unrestricted Funds _—Restricted
General
Designated
Funds		 Unrestricted Funds _—Restricted
General
Designated
Funds		 Total
2023		 Total
2022
£ £ £ £ £
Sundrylettings
ChurchWeekend
Eco Fund
FlowerFund
Worshlp/ MusicTracks
HolidayCuband FamilyCelebration
Outreach and Evangelism
ToddlerGroup
Worshlp Development		 13,833
0
0
0
0
0
0
0
0		 (¢]
0
0
20
360
713
1,030
4,978
10,280		 0
0
0
0
0
ie)
0
0
0		 13,833
0
0
20
360
713
1,030
= -4,978
10,280		 11,612
4,403
0
0
1,090
390
1,240
4,881
0
Youth activities 0
13,833		 923
18,304		 0
0		 923
32,137		 1,507
26,023
4 GrantsReceived Unrestricted Funds
_—
General
Designated
£
£		 Restricted
Funds
£		 Total
2023
£		 Total
2022
£
Worship DevelopmentSynodGrant 0 8,500 0 8,500 0
CowardTrust for Discipleship
GrantfromSynodtowards Fuel costs
Grant forUkraineSupport		 6
0
0		 1,500
0
0		 0
0
850		 4,500
0
860		 0
1,000
850
GrantsfromURC/Synod forYouthActivitles 0
0		 5,080
15,080		 0
850		 6,080
16,930		 2,500
4,350
§ investmentIncome Unrestricted Funds
General
Designated
£
£		 Restricted
Funds
£		 Total
2023
£		 Total
2022
£
Bank and Loan Interest
CCLAEthicalInvestmentFund
InvestecWealth
6 MinistryandMissionFund		 117
10,127
3,816
14,060		 0
0
0
0		 0
1,334
0
1,331		 117
11,458
3,816
16,391
2023		 6
12,395
4,233
16,634
2022
TheChurchcontributestothecentralcostsoftheURCin
thedenomination and thewider mission oftheNatlonal		 inproviding ministers, running
Church.		 £
37,500		 : g
36,000
7 Minlsterlalcosts Unrestricted Funds
Generat
Designated		 Restricted
Funds		 Total
2023		 Tota!
2022
Carexpenses
Telephone Inclmobliephoneand Broadband
Books
Otherexpenses
Prayerand other Minlstry {including pulpitsupply)		 £
2,489
810
183
78
232		 3
4)
6
0
0
0		 £
ft)
6
0
0)
0		 £
2,489
810
163
78
232		 £
2,974
677
123
240
99
Worshipmaterlats 360
4,132		 0
0		 0
0		 360
4,132		 343
4,456
Note: Thesecosts are net of the contribution made by St David's URC, Eastham
Unrestricted Funds
_—Restricted		 Restricted Total Total
8 Premises costs General Designated Funds 2023 2022
£ £ £ £ g
Caretaking and cleaning
Catering		 13,045
817		 0
0		 0
0		 13,045
817		 12,145
468
Heatand Light (Gross -see Note) 10,808 0 0 10,808 10,488
Insurance 4,621 0 0 4,521 4,118
Council Tax 4,954 0 fc) 1,954 1,868
Watercharges 2,257 0 0 2,257 1,810
Repairs and maintenance 9,980 0 0 9,980 20,788
Musical instruments (repalrs and tuning) 379 0 0 379 305
Equipment (smail items) 628 0 0 628 267
44,389 0 0 44,389 52,256

Note: A grant of £1,000 was received from the URC Mersey Synod In 2022 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 2023

Unrestricted Funds Unrestricted Funds Unrestricted Funds Restricted Total Total
9 Administrative costs General Designated Funds 2023 2022
£ £ £ £ £
Staffand Related Costs 0 60,013 0 60,013 57,793
Telephone and IT 1,038 0 0 1,038 1,000
Printing,postage and stationery
Seminars, conferencesandtraining
Subscriptions
Sundryexpenses		 4,455
58
831
631
4,013		 0
0
0
0
80,013		 0
1)
0
0
0		 1,455
58
831
631
64,026		 1,327
290
772
1,564
62,743
10 CostsofChurchorganisationsand Unrestricted Funds
General
Designated		 Restricted
Funds		 Total
2023		 Total
2022
activities (seeNote 17)
Discipleship		 £ 0 £
1,650		 £
0		 £
4,650		 £
1,765
Churchweek-end (bi-annual) 0 0 0 0 4,774
Flower Fund 0 19 0 19 14
Holiday Club and Family Celebration
Break-out
OutreachandEvangellsm
Toddlers		 0
i)
1)
0		 659
58
4,281
4,546		 0
1)
0
0		 659
58
1,281
4,546		 529
29
4,817
3,176
Worship Development 0 4,392 0 4,392 0
Worship/Music Tracks 0 138 0 138 936
YouthActivities 0
0		 6,619
19,362		 0
0		 6,619
19,362		 5,745
18,782
11 Donationsand Gifts passedon UnrestrictedFunds
—_—Restricted
General
Designated
Funds		 Total
2023		 Total
2022
£ £ £ £ £
Toddlers 0 1,209 0 1,209 1,073
ChurchesTogether InWestKirby
AnnFursdon/AIM
EvangelicalAlliance
GoodNews forEveryone(Gideons)		 1)
)
0
0		 150
0
0
0		 1)
0
150
500		 150
1)
150
500		 150
550
150
0
LeprosyMission 0 0 592 592 470
Open Doors
Reach		 0
0		 0
0		 710
3,000		 710
3,000		 0
3,000
Safe Families for Children 0 0 0 0 678
Ukraine Support 0 0 265 265 1,050
WirralYouth forChrist
Other		 0
0		 0
0		 2,400
9		 2,400
9		 2,800
300
MissWO Evans Fund 0 0 2,047 2,017 780
0 1,359 9,643 11,002 11,004

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West Kirby United Reformed Church Charity

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Notes to the statement of Financial activities - continued for the year ended 31 December 2023

12 Investments Unrestricted Funds Unrestricted Funds Restricted Total Total
Originalinvestmentvalues -Cost General
£		 Designated
£		 Funds
g		 2023
£		 2022
£
CCLA/Coif Ethical Investmentfund(2023- 125910 units)
InvestecWealth
Total		 16,475
3,864
20,339		 25,997
0
25,997		 154,603
68,858
223,459		 197,075
72,720
266,795		 214,637
78,641
203,278
Cumulativeunrealisedgainsto31stDecember 2023
CCLA/CoifEthical Investment fund
InvestecWealth
Total		 15,207
1,397
16,604		 23,998
0
23,998		 142,710
24,892
167,602		 181,015
26,289
208,204		 161,210
27,611
188,821
Market Value -as at 34stDecember2023
CCLA/CoifEthical Investmentfund
InvestecWealth
Total marketvalue		 31,682
49,995
297,313
378,980
5,261
0
93,748
99,009
36,943
49,995
391,061
477,399
ee		 375,847
106,252
482,099
ee
Note:
Thereweretotalgainsfrom investments in2023 of£35,800(2022aloss of£87,632).		 £87,632). Netunrealised gainswere£34,651
(2022:aloseof£63,778).Therewasalsoagalnof£1,248asfundswerewithdrawn(2022a
CCLAICoit
Movements[nInvestmentFundsintheyear
EthicalFund
£		 alose of£3,854).
—_Inveatec
Wealth
£		 Total
£
Openingbalance-tatJanuary2023
Purchases/(Sates) intheyear		 375,847
(32,000)		 406,252
(8,000)		 482,098
(40,000)
{investmentgaln intheyear
Closingbalance-31stDecember 2023		 35,143
378,990		 757
99,009		 35,900
477,999
13 Debtors UnrestrictedFunds
General
Designated		 Restricted
Funds		 Total
2023		 Total
2022
£ £ £ £ £
RecoveryduefromStDavidsEastham
RecoveryandgrantduefromURC
Welfareloans		 556
1350
9		 0
0
0		 0
0
4,500		 556
1350
1,500		 566
20
1,500
Unrestricted Funds Restricted Total Total
14 BankBalances General Designated Funds 2023 2022
£ £ gz £ £
SantanderCurrentAccount 4,850 4,013 750 3,413 10,602
Santander Deposit Account 939 12,011 4,115 17,065 6,013
2,589 13,024 4,865 20,478 16,615
Unrestricted Funds Restricted Total Total
15 Creditorsand otherCurrent Liablilties General Dasignated Funds 2023 2022
g £ £ zg £
Accrualforcommittedexpenses 3,054 0 0 3,054 3,249
Payments received in advancefor hall lettings 0 0 0 0 0
3,084 0 0 3,054 3,249

Note: As stated In Accounting Pokcy 1e, appropiate accruals are made for eignificant expenses Incurred or committed but not yet pald.

Page 10

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West Kirby United Reformed Church Charity

Notes to the statement of Financial activities - continued for the year ended 31 December 2023

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16 General Funds
The movements in the General Funds of the Church in the years fram 2016 to 2022 were as follows:
2017 2018 2018 2020 2021 2022 2023
Opening £ £ £ £ £ £ £
Income balance 62,226 50,652 30,608 7,067 21,638 32,977 29,654
Expenditure 134825 436,579 115,847 88,793 91,564 114,365 109,283
Transfers (81,785) (94,444) (85,623) (75,870) (80,012) (97,662) (90,034)
to Funds (57,937) (62,014) (62,510) (59,035) (53,771) (87,163) (69,102)
Transfers to General Fund (see note) 0 0 8,489 60,000 50,000 50,000 55,000
Reatsed and Unreallsed Gains/Losses 3323 (195) 256 683 3,558 (2,863) 1,249
Closing balance ————yen60,662 30,608 7,067 21,638 32,977 29,664eg36,060eee
Note; The large legacy received between 2011 and 2013 is held ina Restricted Fund while decisions are made about its use (See note 19).
Substantial tranefere have bean made from this fund to the General Reserve in recent years to offset the annual deficit. Income
from this legacy has also been credited to the General Fund from 2014 onwards, as were smaller legacies and donations.
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17 Designated Funds

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |As stated|in Accounting|Policy|1b,|specific|Designated|Funds are used to contro!|the Income and|expenditure|of the Church| |organisations,|activities|and|epecial projects.|Grants|are|provided by the general fund to the|organisations|every year to help| |meet their costs.|Some are also euported by grants from the|Margery Price Legacy and outside|bodies,| |The movements in the Designated Funds during the year were as follows:| |°|‘|Grants|Other|Closing| |4stbalance Jan 2023 at|Generalfromito|LegacytoffromTransfers FundMP|donationsincome,|ExpenditureIn year|balance31|Dec at| |Funds|and|grants|2023| |Church Organisations and|activities| |Children's Church|0|58|0|0|(&8)|0| |Church week-end|0|Q|0|0|0|0| |Eco Fund|50|0|0|0|0|50| |Flower Fund|52|0|0|20|{19)|§3| |Holiday Club|and|Famlly Celebration|0|0|0|713|(859)|54| |Outreach|and Evangetism|(see Note|a)|0|401|0|1,030|(1,431)|0| |WorshipToddlers (seeDevelopment Note b)|(See|Note|c)|1,7070|00|00|18,7805,555|{5,755){4,392)|14,3881,507| |Worship/Music|Tracks|203|0|0|360|(138)|425| |Youth Activities (see Note|d)|281|2,846|0|6,003|(8,819)|2,511| |Sub-total Church Organisations and activities|2,293|3,305|0|32,461|(19,071)|18,988| |Discipleship|Fund|(see Note|e)|17,688|i?)|0|1,500|(1,650)|17,638| |Staff Funds (see|Note f)|28,000|60,013|0|0|(60,013)|28,000| |Total Designated|Funds|47,981|83,318|0|33,961|(80,734)|84,526|

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Note a: Expenditure on Outreach and Evangeliam Inckided £150 contributed to Churches Together In West Kirby Note b: Expenditure by Toddlers for 2023 included £1,209 given to various charities Note c: A grant of £6,500 was recelved from the URC Mersey Synod - the first instalment of a total grant of £25,000 . Note d: Grants of £2,500, £ 1,250 and £1,330 were received from the URC Mersey Synod to support Youth Activitiss. Note e: The Discipleship Fund was set up In 2014 by a grant from the Margery Price Legacy to provide support for Church Members attending Christian training courses or discipleship activities. Costs in 2023 were offset by a grant from the Coward Trust. Note f: The Staff Fund tracks the cost of employing our Youth and Children’s Coordinator and our Church Life Coordinator. Annual costs are met by transfers from the General Fund while maintaining a balance toe meot the possible cost of any severance/redundancy payments that might prove necessary.

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West Kirby United Reformed Church Charity Notes to the statement of Financial activities - continued for the year ended 31 December 2023

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18 Restricted Funds

As stated In the Accounting Polley 1b, the Church uses specific Restricted Funda to contrel money donsted by the Church and Its feRowship to support Christian Charities and activities. In addition, the Church maintains three established Restricted Funds for speciflo purposes of which two (the Miss WO Evans Fund and the Margery Price Legacy) were ast up on receipt of substantial legacies. Movemente in the Restricted Funds In 2023 were are follows:

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Opening _ Grants from the Income, Grants and realive and Closing
bafance1stJan23 at Titheother Fund transfers and transfersdonations and Donatlonson passed investinnote geinsents 12) (2ee on balance31 Dec 23 at
£ £ £ £ £ £
Ann Furedon/AIM 1,774 0 ) ff) 0 1,774
Church Wesk-end Bursary Fund 876 0 ie) i] 0 875
Evangelical Altance } 460 - ff) (150) 0) 0
Good News for Everyone(Gideons) Q 500 0 (500) 0 0
Leprosy Mission ie] 300 292 (692) 0 it]
Open Doors 0 700, 10 (710) 9) 1)
Reach 0 3,000. 0 (3,000) 0 0
Ukraine Support ft) 0) 265 (2685) 0 0
Wirral Youth for Christ 0 2,400 ) (2,400) ) ft)
Other 9 0 5 (9) 0 5
Sub-total 2,858 7,050 872 (7,826) 0 2,854
Margery Price Legacy (see Note 19) 376,255 (55,000) 7) o 27,809, 349,064
Mies WO Evans Fund 13,195 oO 920 (2,017) 1,371 13,469
Tithe Fund (aee Note 20) 29,547 (7,050) 6,711 - i) 3,034 32,239 ,
Total 421 855 (56,000) 8,203 (8,643) 32,21 1 397,426
19 Margery Price legacy
The total received between 2011 and 2013 from Margery Price's estate was £1,083,352. 10% (£108,339) was set aside to create ihe Margery
Price Tithe Fund (later merged with the Fund for Christlan Organisations to form the Tithe Fund), leaving £975,053 in the main legacy fund,
From the legacy fund various grante have been made - partly offeet by galns from investing the funds. The substantial experkidure on the
Re-ordering Project reaulted in a significant reduction In this fund during 2016, 2017 and 2018,
From 2014 onwards, al Income received from the Interest and dividends generated by investing the Legacy Fund has been credited
to the General Fund to hetp offeet some of the underlying deficit in the regular Income and expenditure of the Church, In recent years
further transfers have been made to the General Fund to offeet the annual deficit, Further sim@ar transfers are likely to be necessary infuture.
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20 Tithe Fund

The Tithe Fund was created at he beginning of 2015 by the merger of the estabshed Fund for Christian Charities and the MP Tithe Fund, whioh was set up with 10%of the recelpts from the Margery Price legacy. The combined fund Is now the main channel by which the Church supports retated Christian charities and good causes. 10% of the net regular income of the Church after deducting its contribution to the URC Ministry and Mission Fund is credited to the fund each year, along with the appropriate share of inveatment income and capite! gains. . From the fund, one-off or regular gifts are made as agreed by the Church Meeting. :

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West Kirby United Reformed Church Charity

Notes to the statement of Financial activitles - continued for the year ended 31 December 2023

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Treasurer's Statement
| have prepared the financtlal statements on pages 3 to the year to 31 Decemberor 2023 (and the supporting notes
on pages 6 to 11) in accordance withthe accounting policiés of the Church,
James Lindsa —ea °
26th February 2024
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independent Examiner's Report tofhe’Trustees of West Kirby United Reformed Church

| 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 Charitles Act 2014 (‘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 sectlon 145(5)(b) of the Act.

Basie of Independent Examiner's report

My examination was carried out in accordance with the General Directions of the Charlty 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 requlred In an audit, and consequently | do not express an audit opinion on the view given by the financial statements.

Independent Examiner's statement

! have completed my examination. | confirm that no materlal matters have come to my attention in connection with the examination giving me cause to believe 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

  2. the accaunts do not comply with the applicabie requirements concerning the form and content of accounts set out in the Charitles (Accounts and Reports) Regutations 2008 other than any requirement that the accounts give a ‘true and fair view which fs not a matter considered as part of an independent examination.

| have no concerns and have come across no other matters In connection with the examination to which attention should be drawn In this report in order to enable a proper understanding of the accounts to be reached. i ae 3 ioloictchtet $ oicioii i ctoickcickitt & Signed by the IndependentExaminer Eads =a LL 28th February 2024 Tim Pugh 30 Queensbury West Kirby Wirral ; CH48 6EP

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