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2021-12-31-accounts

oriey ited Reformed S UNI Chy Charity Number: 1128897 %

Annual Report & Accounts 2021

Contents

Page i Cover Annual Report 2021 2 Contents a Addresses and professional advisers. 4-10 Report

Annual Accounts 2021

1 Statement of Financial Activity
2 Balance sheet
3-12 Notes to the financial statements
is Treasurers’ statement
14 IndependentExaminer’sreport

z

CHORLEY UNITED REFORMED CHURCH CHARITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021

Charity Commission Number:

1128897

Church Address: 34 Hollinshead Street Chorley Lancashire PR7 1EP Minister: Rev. Martin Whiffen Church Manse Address: 6 Lingwell Close Whittle le Woods Chorley Lancashire

Professional Advisers: Accountants: Stockbroker:

General Finance:

Legal:

R P Smith & Co Chartered Accountants 2 Southport Road Chorley PR7 1HX N.G Stockton Arnold, Stansby & Co. 3rd Floor Alexandra Buildings 28 Queen Street Manchester M2 5J3J Finance Officer URC NW Synod Office Franklin Street Eccles Manchester M30 0Q Legal Officer URC NW Synod Office Franklin Street Eccles Manchester M30 0Q Kevill, Kirkham & Grayson High Street Chambers Chorley Lancashire PR7 1DU

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CHORLEY UNITED REFORMED CHURCH CHARITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021

This report includes information required by Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015).

ADMINISTRATIVE INFORMATION

Chorley United Reformed Church Charity is a local church of the United Reformed Church in Great Britain, and is a member church of the North West Synod of the Church. It was registered on 31 March 2009 as Charity Number 1128897. Chorley URC Church is situated at 34 Hollinshead Street, Chorley, Lancashire PR7 1EP. The members of the Elders’ Meeting are registered as the charity trustees. Those who served from 1 January 2021 until the date this report was approved are:

Mrs Rees Ballard Mrs Yvonne Barkby Mrs Rachel Brown Mr Brian Darbyshire Mrs Fiona Hodson Mrs Bernadette Phillips Mrs Stella Kerr Dr Grahame Barkby (Charity Commission contact for the period) Mrs Kathleen Longton Mrs Yvonne Meadley

STRUCTURE, GOVERNANCE AND MANAGEMENT

The activities of Chorley United Reformed Church are overseen by the Elders’ Meeting of the Church in accordance with the provisions of The Structure of the United Reformed Church determined by the General Assembly of the United Reformed Church, and supplemented by the rules of Chorley URC Church. The governing document of the registered charity is a statement adopted by the Church Meeting on 1 February, 2009, which was reviewed and revised during 2017.

The Elders’ Meeting is responsible for the financial administration of the Church, and the care and maintenance of Church premises and the manse. The Church Meeting (of all members wishing to attend) gives general guidance on the life and work of the Church. The Elders assist the Minister in the pastoral care of the church.

The members of the Elders Meeting are the minister in pastoral charge, Rev. Martin Whiffen, who was inducted in September 2011, and members of Chorley URC Church nominated and elected as Elders by the members of Chorley URC Church at a Church Meeting. Elders serve for 4 years, retire by rotation and are eligible for re-election. There is no limit on the number of consecutive periods of service. The members of the Elders’ Meeting are the trustees of the registered charity during their period of service as elders unless they opt out or are ineligible.

The Elders are assisted in the administration of the Church, its property and its investments by committees established for Finance and Fabric. In line with the URC Model Trust, the URC “North Western Province Trust Company” act as custodian trustees on behalf of Chorley URC.

The Charity Trustees delegate to the Finance Committee the following tasks while maintaining responsibility for such:

4

The Charity Trustees delegate to the Fabric Committee the following tasks while maintaining responsibility for such:

Church meetings have been limited during 2021 by the Covid 19 pandemic. The Elders’ Meeting met monthly until lockdown and thereafter as required and as circumstances allowed, meeting either face to face or on Zoom as circumstances permitted. The Finance Committee and its Investment sub-group and the Fabric Committees did meet prior to lockdown and thereafter as for Elders. We were still able to monitor the church's investments and seek advice from the charity's financial advisers. Covid 19 still have not permitted the quarterly church meetings nor the Annual General Meeting which will be held as soon as Covid 19 regulations allow.

OBJECTIVES AND ACTIVITIES

As a local congregation of the United Reformed Church, Chorley United Reformed Church seeks to advance the Christian religion through its activities and the facilities offered to the community by its premises, described more specifically in its mission statement as:-

The Elders’ Meeting is aware of the Charity Commission's guidance on public benefit in "The Advancement of Religion for the Public Benefit" and has regard to it in the administration of the Church.

The Elders’ Meeting believes that, the Church provides benefit to the public by:

Our Community Engagement Project and any activity arising from that are based on the following additional mission statement which supplements the above:-

To provide or facilitate the provision ofservices and activities that respond to and meet identified local community needs and that are delivered within premises that are fit for purpose, whilst maintaining an appropriate and contemporary place of Christian worship.

This project is on-going and further details of activity and progress during the year are outlined later in the report under the appropriate headings.

REVIEW OF ACTIVITIES AND ACHIEVEMENTS

Worship and Prayer

The church has been blessed with some very talented and dedicated people who give selflessly of their time and expertise to ensure that the quality of worship and pastoral care continue. Though face to face worship went into abeyance following the Covid 19 pandemic during 2020, we have since been able to offer our usual range of services during 2021, but this has been limited bya ceiling collapse in the revamped worship area of the church premises, rendering that space unusable until repairs have been made. Our weekly online

5

service remains freely available on You Tube, still being recorded on DVD's for house-bound church members and, for those who don’t have access to You Tube, delivered by hand if necessary. We were not able to celebrate any baptisms or weddings and held only 1 funeral in our church during 2021.

Mission and evangelism

Mission has progressed during 2021. As well as the weekly on-line services on You Tube continuing to which we continue to receive positive responses and being able to resume Café Church with its puppet ministry, our community worker has been busy during 2020 and 2021 with the setting up of The Repair Café, The Meeting Place and The Refugee/Asylum Seekers Centre as expressions of our faith demonstrating God’s love for the community.

“Dreaming our Dreams” 2012 A vision for the next 5 years - and beyond Further progress beyond what we achieved in 2019 has been held up by the Covid 19 pandemic, though the targets we set out in that document under the headings of Worship, Mission/Evangelism, Caring/Service (both for the local community in liaison with outside agencies and for our own church family), and Learning are unchanged and will continue to be taken forward by the church as circumstances allow following Covid.

Church and manse buildings and fabric

To facilitate our objectives and activities it is important that we maintain the fabric of all the church premises, despite the events of the last 2 years.

This is the role of the Fabric Committee with their ongoing programme of preventative maintenance and improvements to the fabric and property, keeping within budgetary guidelines. However, in view of the proposed church development, only essential maintenance is still being carried out at present. Both the gas and electric supply contracts continue to be monitored to ensure value for money.

The charity trustees are mindful that we should use our monies and assets wisely and effectively and not squander monies. They consider that the responsible use of our resources is still to develop on our present site to provide more flexible and versatile premises that are attractive, more efficient and ecologically and disabled friendly for the benefit of the community, while still providing premises that would be recognisable as a place of worship. This decision is unchanged from 2019. The Church Development Group continues to take this forward, but progress has been limited by the impact of the Covid 19 pandemic.

Community care

The use of our school buildings, including the upgraded kitchen, by a varied number of organisations and community groups resumed in 2021. The possibility of potential partner local charities and organisations who have previously expressed an interest in working with us in the future will need to be clarified post-Covid and in the light of further revamping of our premises.

In revisiting the needs of the local community by repeating the CEP during 2017, that report confirmed that very little had changed and most of those needs remained. In 2020 our researchers confirmed that this would still be the case, in fact even more so, post Covid. Consequently our community worker has been able to resume the monthly Repair Café, a free service for those on low incomes run with qualified registered trades people (volunteers), working on domestic appliances and within health and safety guidelines, and has in addition, during 2021 been able to set up

The Meeting Place and The Refugee/Asylum Seekers Centre run with the support of and in collaboration with the NHS and Chorley BC, including partnerships with their community and social prescribing teams, and other voluntary organisations such as Citizens Advice also contribute to provide support for those attending. A Community Project Fund has been set up within the charity accounts for funding of these community projects.

The Future

6

The worship space of our present premises is now a much more versatile and flexible space for community use during the week, but its use has recently been stalled by a ceiling collapse. Plans for a new community centre came to a halt during 2020 for number of reasons previously stated in the 2020 report. We are now looking to revamp the present community buildings (the old schoolrooms) and not pursue a new build, seeking advice from the architects as to the possibilities and hopefully providing facilities equating to those that would have been provided by the proposed new build community centre. This would take account of the community facility provided by the revamped worship space. This proposal is now hampered by the ceiling collapse in the worship space and the cost of ceiling and roof repairs. Discussions on the future are on-going, taking appropriate professional advice and seeking the support of the North West Synod of the URC.

FINANCIAL REVIEW

Overview

The financial management structure under the overall management of the Charity Trustees/Elders with Finance and Fabric Committees continues to function well. This eases the day to day burden on the Charity Trustees/Elders for financial, property and investment matters and given them more time for pastoral activities and developing our vision for the future.

We believe that we have managed the church’s financial activities in the last year well, despite ageing and smaller congregations and falling membership and despite the Covid 19 pandemic and not being able to hold regular services for some of the year. Church members and friends have responded in their giving to ensure that the charity’s expenses were met. The North West Synod of the URC also responded with a one-off grant to cover loss of income from collections and lettings in 2020, a significant but temporary reduction in M&M for 2021 and assisting the charity with a successful insurance claim for loss of income from donations and lettings.

To ensure that monies for church development are set aside from other income and expenditure, the Church Development Fund Account remains. The income to this fund from church members and regular worshippers reflects the confidence they have in the way forward. Equally to ensure that monies for the above community work are set aside from other income and expenditure, the Community Project Fund was set up as above.

With the help of the NW Synod as above, we have still been able to meet all our expenses, but, as Notes 8 and 9 to the Financial Statements show, but our giving to varying charities and deserving causes was able to continue 2021 though the Covid pandemic did have some impact, totalling £3,130. In addition, there were some direct donations from fundraising activities that did not pass through the accounts.

Our investments took a hit as described earlier, but, working closely with our financial advisers, there has since been some recovery.

In view of possible church developments as described earlier and the financial implications, the concerns that the Minster and Elders have around regular giving continue to be addressed with the membership and congregation and the TRIO material produced by the URC, which is based on proportionate giving, is available to us.

The church's contribution to the URC’s Ministry and Mission Fund through the North West Synod of the URC was still the major item of expenditure for 2021 and will be for 2022. As the sum is calculated in arrears, there are fewer church members to raise that money, but any capital and capital assets for church development and donations/income for such and community projects are now ring-fenced and excluded from its calculation, as will be monies designated for ceiling/roof repairs.

Expenditure for 2021 includes some expenses for the community worker, but the major expenses will be met centrally by the URC.

The full financial implications of church development on our present site cannot at this point be fully addressed, though the development team will be working on estimated costings as the project proceeds. If we find that the costings for any further community development are beyond what the charity can resource and put the charity's finances and activities in jeopardy, then the charity trustees will review the scope of that development and proceeding further, hopefully without losing key facilities for the community as far as possible. Any discussions and decisions will take account of the need for ceiling/roof repairs. Major decisions will go to the church meeting in accord with our constitution for ratification before any action can be taken.

Ideally, the Charity Trustees would wish to have in hand an amount equal to at least 6 months regular expenditure for “business as usual”. The cash balances at 31 December 2021, excluding the Church Development Fund, the Community Project Fund, other designated monies for church development, any restricted funds and Fabric Committee accounts, represent approximately 4 months of known estimated budgeted expenditure for “business as usual” during 2022. The finances of the Fabric Committee having been impacted by the Covid 19 pandemic, did not allow them to contribute towards M&M for 2021. Both treasurers consider that we still have sufficient funds to cover the church's fixed expenses for 2022, while still being able to put some monies aside for ceiling/roof repairs at the end of 2021.

The bank and cash balances at 31 December 2021 were as follows. General funds: £65,478 compared with £50,005 in 2020. This is an increase compared with previous years and reflects the support of church members and friends during the Covid 19 pandemic and for the church’s plans for development. The possible impact of an ageing congregation and the associated reduced direct and indirect giving, and fewer weddings remains. All designated funds, excluding capital assets and investments: £91,669 compared with £118,807 in 2020.

All restricted funds: £6,774 compared with £843 in 2020; this reflects donations made for church development. Total balance all funds, excluding capital assets and investments: £163,951 compared with £169,655 in 2020,

The income and expenditure of new Church Development Fund Account includes both designated and restricted funds and the cash balance of that fund at 31st December 2021 stands at £93,458 compared with £133,597 in 2020. This figure excludes associated capital assets in accounting resulting from church development during 2020.

Investments at 31 December 2021 totalled £83,269 compared with £79,380 in 2020. These figures reflect expenditure on church development, stock market activity, the active management of the charity’s investments by our financial advisers to ensure the best return on our investments and the release of funds for church development.

Further comments are made under “Major risks to the charity”.

Designated Funds

The Charity currently operates 6 designated Funds with the encouragement of the Church Meeting. These have been described in Note 14 of the Financial Statement as:-

Fabric Committee Fund Sick and Needy Tiddlers Ladies Fellowship Donation Fund Designated Funds within the Church Development Fund Account Ceiling/roof Fund

The purpose and movement within funds during the year is shown in Note 14 of the Financial Statement.

Restricted Funds The Church Fund includes 9 restricted funds for 2021, where the monies can only be used for the specific purpose for which they were entrusted to the church. These monies were not at

8

the disposal of the Charity Trustees/Elders/Church Meeting for any other purpose. They are described in Note 15 of the Financial Statement along with the movement in the funds during the year and include the Restricted Funds within the Church Development Fund Account and the Hollinshead Centre Appeal Account that was opened in March 2020.

Payments to employees and Charity Trustees

The charity no longer has any employees. Our cleaner is now self-employed.

The church organist was paid an honorarium of £2,160 during the year. The Charity Trustees have not seen any conflict of interest in this payment. He retired at the end of 2021.

It should be noted that the majority of the work of the charity is carried out by willing volunteers and it is only when the work is too difficult or specialist that we employ outside contractors.

Magpor risks to the charity

There are probably 6 continuing major risks to the charity:

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  1. Financial risk of funds being committed to any redevelopment and that fails and funds cannot be recovered, though professional support/advice and sourcing outside funding should minimise this risk.

  2. Building work, when completed, being found to be not fit for purpose. By having repeatedly researched the needs of the local community and ensuring that our plans meet those our requirements as well as our own and with further advice from architects and surveyors, this risk will be minimised.

  3. The risks of any proposed church development to the charity’s finances in future years. As well as our own accountant, the legal and financial advisers of the North West Synod of the URC will also be ensuring that the charity does not take any unnecessary or undue risks.

  4. Following local elections, the council may change its planning strategy. However, we understand from council officers that this remains very unlikely. Financial support from the council has been provisionally suggested, but no financial support is as yet forthcoming.

As previously stated, if we find that the costings are beyond what the charity can resource and put the charity's finances and activities in jeopardy, particularly in light of need for ceiling/roof repairs, then the charity trustees will continue to review the scope of any church development and think again about proceeding any further. The development group are aware of these issues and continue to take professional advice.

The Charity Trustees are aware of the financial implications of the above issues. All church members and the wider congregation will be continually kept informed of the charity’s finances, particularly in light of developments arising from “Dreaming our Dreams”, the need for ceiling/roof repairs and any proposed church development.

This report, with the approval of the Church Meeting, was compiled by Dr. Grahame Barkby (Charity Commission contact for the period) and approved by the Charity Trustee’s/Elders’ Meeting on 8th June 2022 and is signed on its behalf by Mrs K Longton, Charity Trustee.

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(
: 2022
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Registered Charity Number: 1128897

CHORLEY UNITED REFORMED CHURCH FINANCIAL STATEMENTS

TO

31 DECEMBER 2021

CONTENTS

Page Statement of financial activities al Balance sheet 2 Notes to the financial statements 3-12 Treasurer's statement 13 Independent examiner's report 14

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CHORLEY UNITED REFORMED CHURCH CHARITY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |Unrestricted|Funds|Restricted|TOTAL|TOTAL| |General|Designated|Funds|2021|2020| |Note|£|£|£|£|£| |INCOME|FROM:| |Donations|and|legacies|2|51,194|20,623|13,942|85,759|74,833| |Other|trading|activities|3|517|0|0|517|6,762| |Investments|4|18,991|4,010|0|23,001|24,093| |Other|5|16,035|292|0|16,327|202,459| |Total|income|86,737|24,925|13,942|125,604|308,147| |EXPENDITURE|ON:| |Charitable|activities:| |URC|Ministry &|Mission|Fund|6|33,542|0|0|33,542|43,459| |Ministerial|costs|7|2,985|4,100|0|7,085|6,173| |Costs|of church|activities|8|36,471|46,020|5,893|88,384|29,516| |Grants|payable|and|restricted| |donations|passed|on|9|0|924|2,078|3,002|2,150| |Total|expenditure|72,998|51,044|7,971|132,013|81,298| |Gains/ (losses) on|investment|assets|12.9|0|2,506|0|2,506|(41,081)| |NET INCOME/(EXPENDITURE|13,739|(23,613)|5,971|(3,903)|185,768| |Transfers|between|funds|0|0|0|0|0| |Net movement|in|funds|13,739|(23,613)|5,971|(3,903)|185,768| |Total|funds b/fwd|1 January|2021|57,907|424,669|106,416|588,992|403,224| |Total|funds c/fwd 31|December|2021|71,646|401,056|112,387|585,089|588,992| |(Note|14)|(Note|15)| |MONIES|RING-FENCED|FOR CHURCH|16|366,229|106,203|472,432|530,009| |DEVELOPMENT AND|RESTRICTED|FUNDS| |TO|BE|PASSED ON|(Note|16)|(Note|16)| |Total|funds c/fwd|31|December 2021|71,646|34,827|6,184|112,657|58,983| |adjusted|for ring-fenced|monies|

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CHORLEY UNITED REFORMED CHURCH CHARITY

2

BALANCE SHEET

AS AT 31 DECEMBER 2021

Unrestricted Funds Unrestricted Funds Restricted TOTAL TOTAL
General Designated Funds 2021 2020
Note £ £ £ £ £
FIXED ASSETS
Tangible assets 11 0 225,183 275;973 500,756 500,756
Investments 12 0 83,269 0 83,269 79,380
0 308,452 275,573 584,025 580,136
CURRENTASSETS
Debtors 13 6,168 905 40 7,113 9,201
Bank and cash balances 65,478 91,699 6,774 163,951 169,655
71,646 92,604 6,814 171,064 178,856
CURRENT LIABILITIES
Creditors payable within one year 0 0 (170,000) (170,000) (170,000)
NETCURRENTASSETS 71,646 92,604 (163,186) 1,064 8,856
TOTALASSETSLESSCURRENT LIABILITIES 71,646 401,056 112,387 585,089 588,992
Creditors payable afterone year 0 0 0 0 1)
TOTALNET ASSETS 71,646 401,056 112,387 585,089 588,992
THE FUNDS OFTHE CHARITY
Unrestricted income funds:
General 71,646 0 0 71,646 57,907
Designated 14 0 401,056 0 401,056 424,669
Total 71,646 401,056 0 472,702 482,576
Restricted income funds: 15 0 0 112,387 112,387 106,416
71,646 401,056 112,387 585,089 588,992

APPROVED by the Elder's Meeting held on 8th June 2022 and signed on its behalf by Mrs K Longton Vina lio“|bore

The notes on pages 3 to 12 form part of these financial statements

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CHORLEY UNITED REFORMED CHURCH CHARITY NOTES TO THE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021

1 ACCOUNTING POLICIES la Accounting Convention The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. The financial statements have been prepared in accordance with the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)" and the United Reformed Church Guidance. The Charity is a Public Benefit Entity as defined by FRS 102. The accruals basis of accounting has been adopted and the principle accounting policies set out below are applied consistently.

1b Going Concern At the time of approving the accounts, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the forseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the accounts. There are no material uncertainties about the Charity's ability to continue. ic Fund Accounting Unrestricted funds are available for use at the discretion of the church in furtherance of its charitable objectives. Designation is an administrative act by which trustees may earmark unrestricted funds for a particular project or use, without restricting or committing the funds legally. The designation may be cancelled by the trustees if they later decide that the charity should not proceed or continue with the use or project for which the funds were designated. Restricted funds are subjected to restrictions on their expenditure imposed by the donor, or contained in the terms of a grant. Endowment funds are funds the capital of which must be maintained; normally only income arising from investment of the endowment may be used, either as restricted or unrestricted funds depending on the purpose and terms on which the endowment was established. Totals for page 1 have included any rounding up/down for the benefit of the SORP accounts

Investment assets: These are stated at market values on the balance sheet date.

All gains and losses are taken to the statement of financial activities as they arise. Realised gains and losses on investments are calculated as the difference between sales proceeds and opening market value (purchase date if later). Unrealised gains and losses are calculated as the difference between the market value at the year end and opening market value (or purchase date if later).

ie Incoming Resources All voluntary giving is included in the financial statements for the period in which it is received. Donations under Gift Aid plus the associated tax recovery are recognised as income when the donation is received. Legacies are accounted for when their receipt is certain and can be properly quantified. All other income is generally recognised when it is receivable. if Resources Expended The URC Ministry & Mission Fund contribution is paid regularly and is included in the financial statements for the year to which it relates. Resources expended are recognised in the period to which they are incurred and include attributable VAT which cannot be recovered. They are allocated to the particular activity to which they relate. Governance costs represent direct expenditure on the governance of the church, including the production and independent scrutiny of these financial statements. As most of the management and activity of the church is carried out by volunteers, this intangible cost is not included in the financial statements as this voluntary contribution to the life of the church is incalculable.

ig Taxation As part of the United Reformed Church with an income in excess of £100,000, we registered with the Charity Commission on February 2009. Our registration number is 1128897. As such it is potentially exempt from taxation in respect of income and capital gains received to the extent that such income or gains are applied to exclusively charitable purposes. No provision for taxation has been made in these financial statements.

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CHORLEY UNITED REFORMED CHURCH CHARITY

NOTES TO THE STATEMENT OF FINANCIAL ACTIVITIES - continued FOR THE YEAR ENDED 31 DECEMBER 2021

Unrestricted Funds Unrestricted Funds Restricted TOTAL TOTAL
General Designated Funds 2021 2020
£ £ £ £ £
2 DONATIONSAND LEGACIES
GiftAid& BankersOrders
Loose Cash
TaxRefund
Weddings&Funerals&Baptisms
Donations Received
Wedding& Funeral Fees
Sick& Needy Fund		 35,645
5,131
10,051
0
367
0
0
51,194		 4,415
0
440
0
15,291
0
477
20,623		 27
0
10
0
13,905
0
0
13,942		 40,087
5,131
10,501
0
29,563
0
477
85,759		 48,874
4,409
12,929
0
7,984
190
447
74,833
3 OTHERTRADING ACTIVITIES
Hollies forYou shop
Messenger
CarParkfees/lease
Special Efforts
Saturdaymorning CoffeeandScones		 0
0
0
0
517
517		 0
0
0
0
0
0		 0
0
0
0
0
0		 0
0
0
0
517
517		 4,410
0)
)
1,932
420
6,762
4 INVESTMENTS
Rentfrom Property (1)
Dividends and distributions
Bank interest received		 18,991
0
0
18,991		 1,430
2,580
0
4,010		 0
0
0
0		 20,421
2,580
0
23,001		 16,968
6,621
504
24,093
5 OTHERINCOME
Adlington Pastoral Expenses contributions
Adlington Mansecontributions
Grants received
Loans received
Synod support forCRCW
ProceedsSynodManseScheme
Synod supportduring Covid pandemic
Miscellaneous items		 1,089
0
14,793
0
0
0
0
153
16,035		 0
292
0
0
0
0
0
0
292		 0
0
0
0
0
0
0
0		 1,089
292
14,793
0
0
0
0
153
16,327		 1,139
292
75,470
0
0
110,250
15,000
308
202,459
1. Rentfrom property includes manse, school lettings and yard
Total 86,737 24,925 13,942 125,604 308,147

6 MINISTRY & MISSION FUND The church contributes to the central URC costs of training and providing ministers (including the centralised payment of stipends, pension contributions and other benefits for ministers), running the denomination, and the wider mission of the national church. This annual budget amounts to some £23million, 80% of which relates to minister costs, and 87% is provided through the Ministry & Mission Fund contributions from churches.

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Unrestricted Funds Restricted TOTAL TOTAL
General Designated Funds 2021 2020
£ £ £ £ £
Maintenance of the Ministry 33,542 0 0 33,542 43,459
33,542 0 0 33,542 43,459
MINISTERIAL COSTS
Pastoral expenses expenses 2,985 0 0 2,985 2,978
2,985 0 0 2,985 2,978
Manse Costs
Maintenance, repairs and redecorating 0 0 0 0 30
Insurance 0 0 0 0 )
Water, gas and electricity 0 928 0 928 430
Council tax 0 3,172 0 3,172 2,735
————— 0 =—oOO4,100 ——————————0 —S—S—S—4,100 3,195
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CHORLEY UNITED REFORMED CHURCH

NOTES TO THE STATEMENT OF FINANCIAL ACTIVITIES - continued FOR THE YEAR ENDED 31 DECEMBER 2021

Unrestricted Funds Unrestricted Funds Restricted TOTAL TOTAL
General Designated Funds 2021 2020
£ £ £ £ £
8 COSTSOFCHURCH / BUILDINGS ACTIVITIES
Pastoral Expenses (other than ministerial)
CRCW expenses
Pulpit Supplyand Worship
Family Church
Organist& Music
Copyright licenses
Annual subscriptions: Synod, CTC
Water, gasand electricity
Buildings maintenance
Buildingsimprovements
Garage refurbishment
Cleaning
Stationery, postage&advertising
Telephone (vestry)
Messenger Costs
Insurance		 0
1,083
2,020
0
2,160
551
0
4,503
2,656
1,506
0
2,335
1,692
411
0
6,025		 0
0
0
0
0
0
0
0
148
36,159
0
0
0
0
0
0		 0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0		 0
1,083
2,020
0
2,160
551
0
4,503
2,804
37,665
0
2,335
1,692
411
0
6,025		 0
1,109
815
63
2,160
562
0
7,328
1,774
1,647
ty)
3,821
1,743
93
i)
4,378
Flowers
Hollies forYou shop rentand council tax
Church Development Fund
Community Project Fund
Other Expenses
Donations otherthan restricted donations below passed on
Dreaming our Dreams; include professional fees		 0
0
0
0
10,613
196
0		 0
0
9,588
0
124
0
0		 560
0
0
5,333
0
0
0		 560
0
9,588
5,333
10,737
196
0		 197
1,148
0
0
1,108
130
0
Governance costs - Independent examinerand accounts
preparation
Bankcharges		 720
0		 0
1		 0
0		 720
1		 1,440
)
36,471 46,020 5,893 88,384 29,516
9 GRANTS PAYABLEAND RESTRICTED DONATIONS PASSEDON
Tear Fund/Compassion/Bethany
Leprosy Mission
Water Aid		 0
0
0		 580
0
0		 0
0
926		 580
0
926		 687
117
9
Commitment for Life 0 0 140 140 402
Ladies FellowshipB&B Charity 0 0 0 0 0
Natural Disasters Fund
(donationsthrough ChristainAid to distribute)
Sickand Needy
Ladies Fellowship Donation Fund		 0
0
0		 0
284
60		 1,012
0
0		 1,012
284
60		 300
513
122
0 924 2,078 3,002 2,150

1 There were no employees with annual remuneration of £60,000 or more (2020: none). 2 No payments were made to trustees (2020: none). 3 Staff costs for 2021 £880 (Meeting Place Co-ordinator); nil (2020:nil).

10 EMPLOYEE COSTS AND PAYMENTS TO TRUSTEES

6

CHORLEY UNITED REFORMED CHURCH NOTES TO THE STATEMENT OF FINANCIAL ACTIVITIES - continued FOR THE YEAR ENDED 31 DECEMBER 2021

11 TANGIBLE FIXED ASSETS

For the reasons stated in Accounting Policy note 1d, the church and manse buildings are not tangible fixed assets of the church. For insurance purposes the Church and School buildings are insured for £4,366,946 and the Yard for £60,364. Contents of the Church and School are insured for £691,020. Manse now insured by NW Synod URC

Manse now insured by NWNW Synod URC
Unrestricted Funds Restricted TOTAL TOTAL
General Designated Funds 2021 2020
£ £ £ £ £
CHURCH REDEVELOPMENT
Brought forward		 ) 225,183 275,573 500,756 500,756
Balance at 31 December2021 0 225,183 275,573 500,756 500,756
12 INVESTMENTASSETS
12.1 The investment assets held at the balance
sheet date comprise:
Fixed interest bonds and stock
Equity investments
Addcash held in portfolio		 0
0
0
0		 61,351
21,114
804
83,269		 0
0
0
0		 61,351
21,114
804
83,269		 60,932
18,279
169
79,380
12.2 The movements on investments over the year were:
Broughtforward 1 January 2021 atcarrying (market) value
Additions to investments atcost
Disposals atselling value
Realisedgains/(losses) on disposals
Unrealised gains/(losses) on revaluation investments		 0
0
0
0
0
0		 79,380
1,383
0
0
2,506
83,269		 0
0
0
0
0
0		 79,380
1,383
0
0
2,506
83,269		 224,064
19,543
(123,146)
(56,033)
14,952
79,380
13. DEBTORS
GiftAidTax recoverable		 6,168
6,168		 905
905		 40
40		 7,113
7,113		 9,201
9,201

CHORLEY UNITED REFORMED CHURCH NOTES TO THE STATEMENT OF FINANCIAL ACTIVITIES - continued FOR THE YEAR ENDED 31 DECEMBER 2021

Zz

14 DESIGNATED FUNDS

The church currently operates 6 Designated Funds with the encouragement of the Church Meeting:

Fabric Committee Designated Fund Previous funds for the maintenance and repair of the church, church buildings and manse premises were merged to form this fund; it receives income from investments and property rentals. The maintenance and repair is supervised by the Fabric Committee working with the Elders. Sick and Needy Fund to assist people in the church and the local community with problems and financial difficulties. This is administered discreetly by the Minister in conjunction with the Church Secretaries and Treasurer. Tiddlers Special collection from congregation to fund work with children in need throughout the world. Includes sponsoring the education of a specific child. Controlled by the Elders in conjunction with the Church Meeting Ladies Fellowship Donations Fund Funds set aside by the Ladies Fellowship to donate according to the wishes of the members. Church Development Designated Fund These funds are monies donated by church members and regular attendees towards the costs of new premises for the church's development. Donations by others are held as resticted funds set out under note 15. Ceiling/roof Repair Fund: set up in 2021 These are monies are funds set aside at the end of 2021 to fund the costs of the anticipated ceiling/roof repairs of the sanctuary

CHORLEY UNITED REFORMED CHURCH

8

NOTES TO THE STATEMENT OF FINANCIAL ACTIVITIES - continued

FOR THE YEAR ENDED 31 DECEMBER 2021

14.1 The movements on the Designated Funds during the year were:

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |Total|Total| |2021|2020| |£|£| |Fabric Committee|Designated|Fund| |Balance|b/fwd|01/01/21|183,170|222,321| |Income|4,303|9,503| |Expenditure|(4,248)|(7,573)| |Transfer|to|Ceiling|/|Roof|repair|fund|(20,000)|-| |Investment gains/losses|2,506|(41,081)| |Balance|31/12/21|165,731|183,170| |Sick and|Needy| |Balance|b/fwd|01/01/21|358|475| |Income;|inciudes|Gift Aid|donations|807|447| |Expenditure|(284)|564| |Transfer|to|Tiddlers|(218)|0| |Balance|31/12/21|663|358| |Tiddlers|Fund| |Balance|b/fwd|01/01/21|0|168| |Income|362|468| |Transfer|from|Sick|and|Needy|fund|218|0| |Expenditure|(580)|(636)| |Balance|31/12/21|0|0| |Ladies|Fellowship|Donations|Fund| |Balance|b/fwd|01/01/21|0|i)| |Income|60|122| |Expenditure|(60)|(122)| |Balance|31/12/21|0|0| |Church|Development|Fund Account|Designated|Fund| |Balance|b/fwd|01/01/21|241,141|104,185| |Income;|includes|Gift Aid|donations|and|rebate|received|5,229|136,956| |Expenditure|(45,872)|0| |Balance|31/12/21|200,498|241,141| |Ceiling/roof|Repair|Fund| |Balance|b/fwd|01/01/21|0|0| |Income;|includes|Gift|Aid|donations|11,584|0| |Transfer from|Fabric Committee|Designated|Fund|20,000|)| |Expenditure|0|0| |Balance|31/12/21|31,584|0| |Balance c/fwd 31 December|2021|398,476|424,669|

----- End of picture text -----

The following funds from 2020 were closed with zero balance during 2021:

None

CHORLEY UNITED REFORMED CHURCH NOTES TO THE STATEMENT OF FINANCIAL ACTIVITIES - continued FOR THE YEAR ENDED 31 DECEMBER 2021

9

15 RESTRICTED FUNDS

The church accounts include 9 Restricted Funds, where the monies can only be used for the specific purpose for which they were entrusted to the church. Some of these funds were then closed, having fulfilled their purpose. These monies are not at the disposal of the Church Meeting for any other purpose, and represent:

Leprosy Mission

Water Aid

Fund for monies specifically raised for Leprosy Mission particularly from a bookstall after Sunday am service.

Fund set up primarily for project "Jars of change for jars of water" carried out in Lent.

Commitment for Life

Ladies Fellowship Bring and Buy Charity

Natural Disasters Fund

Fund to support the national URC projects under the "Commitment for Life" umbrella.

Ladies Fellowship sponsored charity from their annual bring and buy sale,

Monies specifically donated for funding any current disaster emergency appeals, either through Christain Aid or the Disasters Emergency Committee.

Flower Fund

Church Development Restricted Fund

Hollinshead Centre Appeal Account

Community Project Fund: set up in 2021

Monies donated to the church for the expressed purpose of providing flower arrangements for the church

These funds are monies donated by others outside the church towards the costs of new premises for the church's development This sets apart outside donations given by others raised through the appeal by our professional fund-raising team for funding the Hollinshead Centre as opposed to any other church development

These are monies are funds set aside to fund community projects initiated by our community worker such as the Repair Café and The Meeting Place

15.1 The movements on the Restricted Funds during the year were:

----- Start of picture text -----
Total Total
2021 2020
£ £
Leprosy Mission
Balance b/fwd 01/01/21 0 39
Income; the Leprosy Bookstall didn't run in 2021 on 0 78
account of Covid
Expenditure 0 (117)
Balance 31/12/21 0 0
----- End of picture text -----

10

CHORLEY UNITED REFORMED CHURCH NOTES TO THE STATEMENT OF FINANCIAL ACTIVITIES - continued FOR THE YEAR ENDED 31 DECEMBER 2021

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |Total|Total| |2021|2020| |£|£| |Water|Aid| |Balance|b/fwd|01/01/21|0|7| |Income;|0|2| |donations|received;|including|gift|aid|donations|899|0| |gift aid|to|pass|on|27|0| |Expenditure|(926)|(9)| |Balance|31/12/21|0|0| |Commitment|for|Life| |Balance|b/fwd|01/01/21|0|67| |Income|140|335| |Expenditure|(140)|(402)| |Balance|31/12/21|0|0| |Ladies|Fellowship|Bring|and|Buy Charity| |Balance|b/fwd|01/01/21|0|)| |Income;|this was|not held|in|2021|on|account of Covid|0|ft)| |Expenditure|0|(0)| |Balance|31/12/21|0|0| |Flower|Fund| |Balance|b/fwd|01/01/21|718|455| |Income;|includes|£42|income|not counted|in|previous year|412|460| |Expenditure|(560)|(197)| |Balance 31/12/21|570|718| |Natural|Disasters|Fund| |Balance|b/fwd|01/01/21|0|195| |Income;|105| |donations|received;|including|gift|aid|donations|999| |gift aid|to|pass on|13| |Expenditure|(1,012)|(300)| |Balance|31/12/21|0|0| |Church Development Fund|Account|Restricted|Fund| |Balance|b/fwd|01/01/21|105,573|28,276| |Income|(including|Gift Aid|donations and|rebate|received)|505|77,297| |Expenditure|0| |Balance|31/12/21|106,078|105,573| |Hollinshead|Centre Appeal|Account| |Balance|b/fwd|01/01/21|125|)| |Income|0|125| |Expenditure|0|i)| |Balance|31/12/21|125|125| |Community|Project|Fund| |Balance|b/fwd|01/01/21|0|0| |Income|10,947|0| |Expenditure|(5,333)|0| |Balance 31/12/21|5,614|0| |Balance c/fwd 31 December 2021|£|106,773|£|106,416|

----- End of picture text -----

The following funds from 2020 were closed with zero balance during 2021:

None

CHORLEY UNITED REFORMED CHURCH

11

NOTES TO THE STATEMENT OF FINANCIAL ACTIVITIES - continued FOR THE YEAR ENDED 31 DECEMBER 2021

16 MONIES RING-FENCED FOR PROPOSED CHURCH DEVELOPMENT

Unrestricted Funds Unrestricted Funds Restricted Total Total
General Designated Funds 2020 2020
£ £ £ £ £
Capital ring-fenced forchurch development
Funds ring-fenced forchurchdevelopment
Donations to be passed on		 0
0
0
0		 83,269
282,960
0
366,229		 0
106,203
0
106,203		 83,269
389,163
0
472,432		 79,380
450,629
0
530,009

12

CHORLEY UNITED REFORMED CHURCH NOTES TO THE STATEMENT OF FINANCIAL ACTIVITIES - continued FOR THE YEAR ENDED 31 DECEMBER 2021

16 2020 COMPARATIVES COMPARATIVES

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |2020 COMPARATIVES COMPARATIVES|Unrestricted|Funds|Restricted|TOTAL| |General|Designated|Funds|2020| |Note|£|£|£|£| |INCOME|FROM:| |Donations and|legacies|2|59,158|12,273|3,402|74,833| |Other|trading|activities|3|6,762|0|0|6,762| |Investments|4|14,882|9,211|0|24,093| |Other|5|1,447|126,012|75,000|202,459| |Total|income|82,249|147,496|78,402|308,147| |EXPENDITURE|ON:| |Charitable|activities:| |URC|Ministry &|Mission|Fund|6|43,459|0|0|43,459| |Ministerial|costs|7|2,978|3,195|0|6,173| |Costs|of church|activities|8|24,941|4,378|197|29,516| |Grants|payable|and|restricted| |donations|passed|on|9|0|1,322|828|2,150| |Total|expenditure|71,378|8,895|1,025|81,298| |Gains/(losses) on investment assets|12.2|0|(41,081)|0|(41,081)| |NET INCOME/(EXPENDITURE|10,871|97,520|77,377|185,768| |Transfers between funds|0|0|0|0| |Net movement|in funds|10,871|97,520|TipSI7|185,768| |Total funds b/fwd|1 January|2020|47,036|327,149|29,039|403,224| |Total|funds c/fwd 31 December|2020|57,907|424,669|106,416|588,992|

----- End of picture text -----

  1. _ Related Party Transactions There have been no related party transactions during the year 2021.

CHORLEY UNITED REFORMED CHURCH

13

FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2021

TRUSTEES' AND TREASURERS' STATEMENT

We, with the Charity Trustees, acknowledge responsibility for the preparation of the accounts and we have therefore prepared the financial statements on pages 1 to 1% for the year ended 31 December 2021. We do not consider that an audit is required for this year. We have made reasonable enquiries of the Trustees/Elders and other relevant organisations.

Church Treasurer

Dr Grahame Barkby

----- Start of picture text -----
Gib
(4. Ob. 2eoo
Treasurer Fabric Committee Mr Brian Darbyshire
EVtlyshee
i¢] 06}ad
----- End of picture text -----

14

Registered Charity Number: 1128897

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF CHORLEY UNITED REFORMED CHURCH

I report to the trustees on my examination of the accounts of Chorley United Reformed Church (the Charity) for the year ended 31 December 2021, which are set out on pages 1 to 13.

Responsibilities and basis of report

As the charity trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

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

Independent examiner’s statement

I have completed my examination. I confirm that no material 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 Charity as required by section 130 of the Act; or

(2) the accounts do not accord with those records; or

I 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.

on Liou: Wa

Simon Worswick B.A. F.C.A. Smith & Goulding Chartered Accountants 2 Southport Road Chorley ' a Bi cx PR7 1LB pate: [0 June @22