orley United Reformed Chur Annual Report & Accounts 2022
Contents
| Page | |
|---|---|
| 1 | Cover |
| Annual Report 2022 | |
| 2 | Contents |
| 3 | Addresses and professional advisers. |
| 4-10 | Report |
Annual Accounts 2022
| 1 | Statement of Financial Activity |
|---|---|
| 2 | Balance sheet |
| 3-12 | Notes to the financial statements |
| 13 | Treasurers’ statement |
| 14 | Independent Examiner’s report |
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CHORLEY UNITED REFORMED CHURCH CHARITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022
Charity Commission Number: 1128897
Church Address: 34 Hollinshead Street Chorley Lancashire PR7 1EP
Minister: Rev. Martin Whiffen Church Related Community Minister: Andy Littlejohns
| Church Manse Address: | 6 Lingwell Close |
|---|---|
| Whittle le Woods | |
| Chorley | |
| Lancashire | |
| Professional Advisers: | |
| Accountants: | R P Smith & Co |
| Chartered Accountants | |
| 2 Southport Road | |
| Chorley | |
| PR7 1HX | |
| Stockbroker: | N.G Stockton |
| Arnold, Stansby & Co. | |
| 3rd Floor | |
| Alexandra Buildings | |
| 28 Queen Street | |
| Manchester | |
| M2 5JJ | |
| General Finance: | Finance Officer |
| URC NW Synod Office | |
| Unit 20, Sandpiper Quay | |
| Modwen Road | |
| Salford | |
| Manchester | |
| M5 3EZ | |
| Legal: | Legal Officer |
| URC NW Synod Office | |
| Unit 20, Sandpiper Quay | |
| Modwen Road | |
| Salford | |
| Manchester | |
| M5 3EZ | |
| Birchall Blackburn Law | |
| 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 2022
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 2022 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 Mr Ian McKendrick Mrs Yvonne Meadley; resigned May 2022 Mr James Mawdesley; from January 2022 Mrs Marcia Pendlebury; from January2022
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 and currently under further review.
The Elders’ Meeting is responsible for the financial administration of the Church, and the care and maintenance of Church premises. The North West Synod of the United Reformed Church (URC) is now responsible for the maintenance of 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:
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Overall management of the finances of the church within the agreed authority, financial limits and budgets.
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Monitoring/managing income and expenditure and making budget recommendations
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• Proactively managing the church’s investments within the investment objectives, delegated authority and financial limits agreed with the Charity Trustees.
The Charity Trustees delegate to the Fabric Committee the following tasks while maintaining responsibility for such:
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Managing the maintenance, upkeep and improvement of all church buildings and fabric within the delegated authority and financial limits agreed with the Charity Trustees.
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• Managing the lettings of all church buildings.
The Elders’ Meeting have met monthly and, in addition, if circumstances required such, meeting either face to face or on Zoom as circumstances permitted. The Finance Committee, including its Investment sub-group, and the Fabric Committees have met quarterly and, in addition, if circumstances required such. We have been able to monitor the church’s investments and seek advice from the charity’s financial advisers. The quarterly church meetings resumed in 2022, but the Annual General Meeting was been put back to 2023.
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:-
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To reach out, speak out and gather in for Christ
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To be a centre of excellence in worship and praise
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To maintain and continue to develop the needs of our children and youth
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The Church with a heart in the heart of Chorley
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:
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providing resources and facilities for public worship, pastoral care and spiritual, moral and intellectual development, both for the congregation and for anyone else who wishes to benefit from what the Church offers;
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promoting Christian values and service by members of the congregation to the community, for the benefit of individuals and society as a whole.
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 of services 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. We have continued to offer our usual range of services during 2022 and the ceiling collapse in the revamped worship area of the church premises has been rectified. Our weekly online service remains freely available on You Tube, still being recorded on DVD’s for house-
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bound church members and, for those who don’t have access to You Tube, delivered by hand if necessary.
We celebrated 5 baptisms and held 7 funerals in our church during 2022, but no weddings.
Mission and evangelism
Mission has progressed during 2022. As well as the weekly on-line services on You Tube continuing to which we continue to receive positive responses and resuming Café Church with its puppet ministry, our community worker continues to be busy during 2022 with The Meeting Place and The Repair Café, as expressions of our faith, demonstrating God’s love for the community. The contract with Lancashire CC to run The Refugee/Asylum Seekers Centre ceased in December 2022, but the help that we provided by for the community through that facility has continued in other ways. All the community activities we provide are now known as The Hollinshead Centre and to assist in the co-ordination of those activities a Centre Manager was appointed at the end of 2022 with the assistance of a grant from Awards for All. This post is in addition to the Meeting Place Co-ordinator, appointed in 2021.
“Dreaming our Dreams” 2012 A vision for the next 5 years - and beyond 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.
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 2-3 years. The North West Synod of the URC is now responsible for the maintenance of the manse.
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 was carried out in 2021 and 20222. 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 was limited by the impact of the Covid 19 pandemic and then a failed bid to the government’s Levelling Up Fund by Chorley BC of which we were part. Alternative options are now being pursued.
Community care
The use of our school buildings, including the upgraded kitchen, by a varied number of organisations and community groups continues.
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 as we pursue 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 now, and so the need for the aforementioned community activities is even greater:
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The monthly Repair Café provides 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
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The Meeting Place provides a drop-in facility for the vulnerable and isolated in the community, 2 days a week with a part-time co-ordinator in post.
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The Refugee/Asylum Seekers Centre ran until the end of 2022 (see above).
The Meeting Place runs 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, as did The Refugee/Asylum Seekers Centre.
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In addition, during 2022, The Meeting Place has attracted funding for what it provides for the community from Chorley BC’s Household Support Fund.
All the community activities that we provide are now known as The Hollinshead Centre. The Community Project Fund, now known as The Hollinshead Centre Fund, set up within the charity accounts, deals with the funding and expenditure of those activities and the accounts correlate expenditure with grants received. Those monies include grants from Chorley BC, Lancashire CC, Duchy of Lancaster, the North West Synod of the URC, National Lottery (Awards for All) and other organisations.
The Future
The worship space of our present premises continues to be a much more versatile and flexible space used by the community during the week.
We are now looking to revamp the present community buildings, seeking advice from the architects as to the possibilities and hopefully providing facilities equating to those that would have been provided by the previously proposed new build community centre. This would take account of the community facility provided by the revamped worship space and may lead to a new build.
Discussions on the future are on-going, taking appropriate professional advice and with 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. Though we have an ageing church membership overall, the congregation and membership have been maintained. Church members and friends have responded in their giving to ensure that the charity’s expenses were met.
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, now The Hollinshead Centre Fund, operates.
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 continues, though reduced, totalling £2,224. In addition, there were some direct donations from fundraising activities that did not pass through the accounts.
Our investments took a hit in the last 2 years, but, working closely with our financial advisers, a recovery has been maintained.
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 2022 and will be for 2023. 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.
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Expenditure for 2022 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. 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 2022, 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 2023. Both treasurers consider that we still have sufficient funds to cover the church’s fixed expenses for 2023.
The bank and cash balances at 31 December 2022 were as follows.
General funds: £44,227 compared with £65,478 in 2021. This is a decrease compared with previous years and reflects the impact of an ageing congregation and the associated reduced direct and indirect giving, and increased ministerial expenses.
All designated funds, excluding capital assets and investments: £44,144 compared with £91,669 in 2021 and reflects expenditure on church development. All restricted funds: £34,658 compared with £6,774 in 2021; this reflects donations and grants for the community activities of the Hollinshead Centre.
Total balance all funds, excluding capital assets and investments: £123,390 compared with £163,951 in 2021.
The income and expenditure of Church Development Fund Account includes both designated and restricted funds and the cash balance of that fund at 31st December 2022 stands at £40,545 compared with £93,458 in 2021. This figure reflects the costs of the ceiling/roof repair in the sanctuary completed in 2022 and excludes associated capital assets in accounting resulting from previous church development.
Investments at 31 December 2022 totalled £51,018 compared with £83,269 in 2021. These figures reflect expenditure on church development, stock market activity and 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 5 designated Funds with the encouragement of the Church Meeting. These have been described in Note 15 of the Financial Statement as:-
Fabric Committee Fund Sick and Needy; renamed the Support Fund during 2022 Tiddlers Ladies Fellowship Donation Fund Designated Funds within the Church Development Fund Account
The Ceiling/roof Fund was closed during 2022 and the monies transferred to the above Church Development Fund.
The purpose and movement within funds during the year is shown in Note 15 of the Financial Statement.
Restricted Funds
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The Church Fund includes 10 restricted funds for 2022, where the monies can only be used for the specific purpose for which they were entrusted to the church. These monies were not at the disposal of the Charity Trustees/Elders/Church Meeting for any other purpose. They are described in Note 16 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, the Hollionshead Centre Fund, the Hollinshead Centre Appeal Account that was opened in March 2020 and monies for charities to be passed on.
Payments to employees and Charity Trustees
The charity has employs a Meeting Place Co-ordinator and a Centre Manager for the activities of the Hollinshead Centre.
Our cleaner is self-employed.
The church organist retired at the end of 2021 and volunteers play the organ for us in his place.
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.
Major risks to the charity
There are probably 6 continuing major risks to the charity:
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A continuing fall in the number of people worshipping at the church in recent years directly related to an increasingly ageing congregation/membership. Approximately 90%+ of our Voluntary Income is direct giving by members and adherents, in which recovery under Gift Aid is significant. This particularly emphasises the need for our Minister and Elders to monitor the progress and funding of our activities and ensure that the charity continues to fulfill its objectives.
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Risks to investments. The Finance Committee continues to seek professional advice to review and re-balance its investment portfolio as required to safeguard and diversify its capital investment and reduce the level of risk while still seeking a significant level of capital growth and income from investments. Though the market value of our investments was affected by events in recent years, we have still met a target income from investments of 4%. Risks to our investments will constantly be kept under review. This capital will be a significant contribution to the costs of church development.
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Increasing costs for developments arising from “Dreaming our Dreams”. Some are relatively minor and easily met while others are major, such as the church development, for which we will seek grants and other sources of outside funding as we move forward in liaison with professional fundraisers and national and local outside agencies, statutory and non-statutory. With professional advice, we still hope to be able to overcome the obstacles to successful applications for grants that we had previously identified. The positive response from church members and regular worshippers, the support of the North West Synod of the URC and its head office and the feedback from our professional advisers, positive so far, are all encouraging signs.
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Our work in the Open Kitchen, the Repair Café and The Meeting Place highlights issues around safeguarding for vulnerable demographic groups. Our policies and procedures continue to be reviewed and updated along with the provision of regular training. These activities have been supported financially by Chorley BC, Lancashire CC, the Duchy of Lancaster, the North West Synod of the URC, the National Lottery (Awards for All) and other organisations.
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It had been identified that our present premises are sitting on top of an old coal seam and mine workings originating a few miles away. There is the risk of subsidence that is very likely to account for some of the structural problems that are now apparent in our present premises. As we pursue church development on our present site, we are seeking professional advice on what can be realistically achieved on our present site, particularly in light of the above risk, and overcoming such, which is very likely. The ceiling/roof repairs following the ceiling collapse in the revamped worship space
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mentioned in last year’s annual report were completed in 2022. Initiatives in 2022 for realising further development of the site unfortunately came to nothing, but North West Synod of the URC is anxious that we can remedy the situation and still pursue further revamping of the premises.
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Any church development still has the potential for risk as follows.
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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.
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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 requirements as well as our own and with further advice from architects and surveyors, this risk will be minimised.
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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.
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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 for redevelopment was provisionally suggested some years ago, but no financial support for that, as opposed to grants for our community activities, is as yet forthcoming and an application to the government’s Levelling Up Fund, which included plans for redevelopment of our premises, failed.
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, 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” 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 14[th] June 2023 and is signed on its behalf by Mrs K Longton, Charity Trustee.
14[th] June 2023
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Registered Charity NumLEr." 1128897 CHORLEY UNrrED REFORMED CHURCH FINANCIAL STATEMENTS TO 31 DECEMBER 2022 CONTE[5 Page Statement of financial activibes Balance sheet Notes to the financial statements Treasurer's statement Independent examinerfs report 3-12 13 14
CHORLEY UNrtED REFORMED CHURCH cHARy STATEMENT OF FINANCIAL ACTIvfrIES FOR THE YEAR ENDED 31 DECEMBER 2022 TOTAL 2022 2021 INCOME FROM: Donatlons and legacies Other trading attivities Investments Other Total income 48.610 1,645 29.226 13,378 92.859 10.271 3,325 65,929 4,970 37.121 45,289 153,309 85,759 517 23,001 16,327 125.604 381 15,317 31,530 45,133 EXPENDITURE ON: Charltsble advltles: URC Mlnlstry & Mlsslon Fund Mlnisterial costs Costs of church activltles Grants payable and restricted donatlons passed on Total expenditure 47,096 3.445 23,159 47,096 7,209 168,692 33,542 7,085 88,384 3,764 121,891 23,642 958 126,613 2,028 25,670 2,986 225,983 3,002 132,013 73,7 Gainsl(losses) on Investment assets 13.2 (7.251) {7,251) 2.506 NET INCOMEI(EXPENDITURE 19.159 (118,547) 19,463 (79,925) (3,903) Transfers between funds (8,403) (1,136) 9,539 Net movement in funds 10.756 (119,683) 29,002 (79.925) {3,903) Total funds blfwd l January 2022 71,646 401,0 112,387 585,089 588,992 Total funds clfvid 31 December 2022 82,402 281,373 141,389 505,164 585,089 IW8 151 INotÈ 161 MONIES RING-FENCED FOR CHURCH DEVELOPMENT AND REsriucrED FUNDS TO BE PASSED ON 17 280,313 136,597 416,910 509,575 (We 17) Iwe 171 Total funds clfwd 31 December 2022 adjusted for ring-fenced monies 82,402 4,792 88,254 75,514
CHORLEY UNITED REFORMED CHURCH CHARrrY BALANCE SHEEr AS AT 31 DECEMBER 2022 TOTAL TOTAL 2022 2021 FIXED ASSETS Tanglble assets Investments 12 225.183 51,018 276.201 275.573 0.756 51,018 551,774 5(K),756 B3,269 584,025 275,573 CURRENT ASSErs Debtors Bank and cash balan 14 5,746 76,656 82,402 361 4.811 5,172 6.107 117.283 123,390 7,113 163,951 171,064 35.816 35,816 CURRENT UABILITIES Creditors payable within )e year 0 (170,(KKJ} (170,CKJO) 1170.0001 CURRENT ASSETS 82.402 5.172 (134,1841 {46,610) TOTAL ASSETS LESS CURRENT UABILTTIES 82.402 281.373 141,389 505,164 585,089 Creditors payable after one year TOTAL NET ASSETS 82,402 281,373 141,389 505.164 585.089 THE FUNDS OF THE CHARItY Unrestricted income funds.. General Designabj Total 82.402 82,402 281,373 363,775 71,646 401,0% 472,702 14 281,373 281,373 82,402 Restricted incc4ne fuThts: 15 141,389 141,389 141,389 505,164 IIZ,387 585,089 82,402 281,373 Approvexl by the Eldels Meeting hebj on 14th June 2023 and &gned on behalf ty Mts K LO1ton The notes on pages 3 to 12 form part of the* finan¢ial statem
CHORLEY UNThED REFORMED CHURCH CHARfTY NOTES TO THE STATEMENT OF FINANCIAL ACTIVfTIES FOR THE YEAR ENDED 31 DECEMBER 2022 ACCOUNTING POLICIES Awbunting Convention The finanoal atements have been rwared Un the hisiorica cost ¢¥tli exceptfor Ihe valualion ofirweSb assets, whK a Show at market value. Tr ftnancial Aatennts irKl¢Jde &1 transactKM4 assets Irats"libes wfAch the rtc Is respmgble in law. The finantial 5tatunents have been wepared in with the (har% Act 2011 and'AcccAmting and Rgxjrting by tharib"e5.' Statement of Recommended Practice aWrAe to charilies th"r &t(¥Jnts yi rKe with the finanool Rewti Standard apICable in the IJK and ReputAk of Irdand {FRS 1021 {ellective l January 2019)- and the Unitay Reforni&1 ur) (klanCe. The Charity 15 3 Pu14ic 8erEfit Entity as defined iv FRS 102. Lklgs LacoyJnting ha5 Lwi adopted the prfncithe aCntirj Wiaes set (Krt we aAli•1 wstwUy. Ib G•lng concern la )nbnue in operati¢)nal exi for the forseeable fu. Tlxs the TnJ5tee5 toathv the wn9 bass of accounbng in FeParfrffJ the accrAIn There ueIll]eS the a"Ity to cmlinue. Fund Actountlng Ic Designation is an administrabve by whith may earnrk UWlJKted for a p3rti¢xJlar wijett ty use, wthout r&thcting or commiitin9 the Wlty. The mty t by the trusiees rf Mei t1e£ide U)at the charity ould not proceed or cvntinue wth the use or kwoi&t for whith fvt¥Js wwe destynaW. Restricted fu$ are SLtyted trj re5tixtil ts"r e¥4jre irr¥wd ty or contain&J in the terms of a grant. Endowment fun(ts a the caF4tal of whKti must i rrwntaned. arigng from Investment of the enthjWrnt may be used. ther a5 re5tWKtsd rest1Cted fiJrK&d4n(ng M the purpose and terrr6 whlch the endtr• was eStalthed. Tatals for page I have Induded any rrmjnthry W¢Mn for the berfit céthe SCW CeAS Id Tangible Flxed Assets Freehold propertr. The Tlustees ofthe thurch and marse Ixthdir¥J5 are the Unlted Refcfm2d (hurch INcth West Trust Ltd who hold thwn uwn tntst behaWofCMrfey URC tor wrrx)ses (WI URC EXrEnd1t incLd on the thwrh aTrJ (If Mi inoml Investrnent assets: Tlw a stated at m&ket Val the balar sheet date. I gains and losses are tsken to the ststernent rf financial thbe5 a5 tty arise. Relis 9ns market value (PUrtha date ff kter). UrlISed aTMI b55es are cal)Jated as the thfferaKe beiween the market value at the year aTrJ OFerr¥J market dSe de if kittr}. le Incoming Resources I voluntary giMIvJ induded In the finantial Stala)) the ift wlKh (t is rry1. L%Jnations under Gift the as9xiaW tsx rOty ate as I¢Me then the dation Is received. Leoacs are accounted tsr rerript s certain arKI be quantrfoj. l fftr income is genty ned when it recavat4e. If Resource5 Expended The URC MIn5Y & Mps&on FU is p•J aTrJ Is knJLtrJed in the"al State[ for the year to which it relat&. Resou$ expended are recognised in the to thich ty are MKavr&l attrt#Jtsb VAT which cannot be recovered. are allLKaied io the par¥ aCtsty to whK tw tekfe. Govemantr costs represent (Jirect exrEnditure on the )verE of the thurd), IrJIll¥j and independent scnjtiny of these fiar1& ststernenls As m¢Jst ofthe rnanagemt and auwity ofthe thwch rrIed ¥rAUrte ths intae cost i4 not indu¢Jed in finanoal aaments as ths%r4unW to life L d¥Jth irKakJJaL4e. Ig Taxation Ag part of the UnW Refomd (hurth wth an 1Cle in eAeess L£IOD,000, e r• with the Ch¥ity miSOn on Fel)nJary 2009. thjr regisiration M)be¥ s 1128897. As is exempt from thxaTh in re5PECt of InCe and capital gains recEived to the extent that gxh ire gairs are aFsd io exdLweW thèritatrAe rAJrrxw. FURTHER NOTES 2a Tr followirvj chwch rdated accLuts drtsed 2022 aThJ the ba5 trGryed to rknt Fd. Social Comrnittee buildirvJ scoety accLwJnt Hollies for YrAJ Shjp bank Unt 2b The thurth.raated Open Kitchen bank accth Trjw these accLxNty rThMie5 entered wder Er31. funds. 0[j in 2013, it has not Lwi inL*JtsJ in these as it has been maged fv"nUy wth Ch)rfey Hdp the Fk)m
CHORLEY UNITED REFORMED CHURCH CHARrrf NOTES TO THE SYATEMENT OF FINANCIAL AcwivrtIES- tontlnued FOR THE YEAR ENDED 31 DECEMBER 2022 TOTAL Furvjs 2022 2021 DONATIONS AND LEGACIES Gift & Bankers QrdeJ5 31. 6,282 9,266 626 746 3.679 35.369 6,282 10.044 626 12,748 5.131 10,501 Tax Refund Wding$ & Funerals & BaptLg Donat)ng ReNed WeddirKJ & Feral Fee5 SKk & N• Funt1 778 1,731 10,271 29,563 8f 477 B5,7S9 10,271 65,9 OTHEIt TRADING ACTivmES Hollies for You Shop 4.410 Park feIkne SrRclal Efforts Sarvrday momlng Coffee arwj Scones 670 975 3,325 3,995 975 1.932 420 6,762 IP4VEsfMENTS Rent frorn Prop¥ty {L) iderxts and diStributI]S Bank uiterest recaved 29.219 5,ICrfJ 2,7 34.319 2,780 22 37,121 20.421 2,580 29,226 23,1 OTHER INCOME Adlfftgton Pastoral Expenses conthtrtjbor Adlington Mare coThtiibubor Grnnts recaved Loans received Swj yJpport for CRCW Pr(ce$ Syn(A1 Martse Scheft SY support during Cd p. Miscelkneous items 1.089 381 43,619 381 292 12.( 31,530 14,793 200 45,289 153 16,327 13.378 381 31,530 l. Rent frfym prorty IulS kSe. ktts"r yad Totsl 92A59 17 45,133 15 153,3 125.804 MINisritY & MISSION FUND The rhufch contributes to the central URC ts)sts of trair¥r4J aA1 wothJ minisiws IirKJw&r¥J the trdIed payment of StindS. Pe1 Contritn5 other effl$ tor ministr5), treduKmnation. the wider mlssion of the nabonal thurch. Ths anrvA iK¥tsJet anYMts to £23n¥ll1, ofwhKh rdateg ministw co4 and 87% S prowded thrOh the Minisby & Msson Fur¥J ¢MthLtrons fTTrn thjrches. TOTAL TOTAL 2021 2022 Maifttenan of the MiNstry 33.$42 33.54Z 47, 47, MINIsfERIAL COSTS Pastoral exwses 3.445 3,445 3,445 Manse Costs Malntenancei repairs redeoxaiirKJ Ir6uran Water, gas a1 decbiaty I tax 712 3,052 3.764 712 3.052 3,764 928 4,1
CHORLEY UIIITED REFORMED CHURCH NOTES TO THE STATEMENT OF FINANCIAL ACTivrtIES- tonlonued FOR THE YEAR ENDED 31 OECEMBER 2022 TOTAL 2022 2022 cosrs OF CHURCH I BUILDINGS ACTivrriES Pastoral Expwses {otlw than mln6stertat) 1801 104 2,BOI 104 I,3 2,020 Pulpit Supply and Wusln) Famlly Church Organist & MC Copyright linseS Annual subsoiptions.. Sw¥Jd, c Water, gas and elethoty BuikJiNJs maintenance BuiklirKJs Improvernents Garage refurt¥Sfv)l CleanirvJ Ststioneryi Postage & adverti&r Telepfvjne I¥),. now a)urch txoadbaTrJ 2,160 329 329 30 5,447 2,036 3,428 5,447 2,036 3.428 4.503 37,665 3,963 966 461 IW2 461 Inajran Flowers Hdlies for You shop rent t(>1 lax crCh Develg)ment FLmd.' exdudirvj ling repair Comrnunity Project RJTh1 (mrr Exrknses Donations otrEr than re5tri¢thl tl(miatify bel pw&1 on Oreaning our Dreans; IrUdIng othtr wOres fee5 I))veMan costs. tndependent exaniner arnl preparati Bank charges 6.258 712 6,025 S6D 712 4,150 111,298 4,150 111.298 22,111 3.596 50 22,111 5.333 10,737 196 1616 780 172 19 ,159 121,891 23,642 168,6 10 GBANTS PAYABLE AND RESTRICTED DONATIONS PASSED ON Tear FundlCoMpasBethanY Leprosy Mis90n Water Commitment for fe Ladies Fellowship B&B Ch•ity Natural t*'sasters Fu1 (donations thrLyJgh "$asr$ Enge Chnstan Aid to distribute} Sick and Neety Ladles Felbwship [ati F 196 196 926 60 1,968 1,012 492 270 492 270 958 1028 li EMPLOYEE COSTS AND PAYMENTSTO TRUSTEES l There were no wnplow annu¥A r•1MMtiOn Lrf £60,(rfxI ty nxxe (2021: r}. 2 No payments were made to trustees12021.' 3 Staff costg 2022 E8.700 (Me¥irYJ FI Ctr(Kthnw, Certh Mawl,. (2021:É880}.
CHORLEY UNED REFORMED CHURCH NOTES TO THE STATEMENT OF FINANCIAL ACTivrriES- continued FOR THE YEAR ENDED 31 DECEMBER 2022 12 TANGIBLE FIXED ASSETS For the reasons stated In Accowts"rvJ rKe Id, aTh1 rKt tarKJit4e fixed assets ofthe rhurth. Fcf irurarKe the Qr(h a1 ikt.S ae irsjred £4,906.703 arK1 the Yard for £67,826. Contents of the Churth are ire0 £987,766 Manse now inwr&1 ty NW SyncJ URC TOTAL 2D21 1022 CHURCH REDEVELOPMENT 8rwght forward 225.183 2WP3 YJ1756 S(w),756 831ance at 31 Decert*v 2022 22S.18J Zn,STJ Sry).756 5rx>,756 13 INVESTMENT ASSErs 13.1 The Investment assets hdd at the bak•Ke sheet date £Cse.. Fix&1 interest trnnd5 and 5tt Equity inveshnents Athj cash hekS In 35,009 15,428 581 35.OD9 15.428 581 51,01 83.269 l3.2 The movements on investy)pnts over the y were.. Brought forward I lanuary 2022 at carryirvj Imarketl vak Addition5 to invesbnents * c05t DIsp05als at sdlirKJ vaue Realised gainslllosses) on d6rMisaL% Unrealised gain5lllossesl on reva1uakn [rNe5tfflIs 83,269 83,269 79, 1,383 (25,ofA)) 125,IX)O) 7,251 51,01 7.251 51, 3,269 14 DEBTORS Gift AK1 Tax reCOvere 361 361 -tr107 5,746
CHORLEY VNrrED REFORMED CHURCH NOTES TO THE STATEME1 OF FINANCIAL ACTivrtIES- contrnued FOR THE YEAR ENDED 310ECEMBER 2022 15 DESIGNATED FUNDS Famc Comittee Dewted Fund PTh1 fl fw the maint•w and of thurch, d¥Jrth LK¥'k'rwJs and mare prnIseS nRrg&1 to form this fijnd,. it irKorr£ fr(¥n invesbrents and pryjperty rentals. The mantenarKE aTvJ is gISed by the Fabric Committee Sid( Nee(ty; the FUMI ) 2022 Fthj to as9St In the d)wih and the local cornrTvJnity wlth 4ems and financial thfficvities. Ths is adrninistrred discreeuy by the Mintster th ccfijUtiL¥1 Wth ihe O)urch s&Lretar and Treasurer. Ttd41 spw.al c(AlecbM frcffl 0gregoti( to fuTr1 w4th thildren nj thrww the worfd. Ile5 sIrir) the ducation of a spEofK (hik1. Contrc4kd ty the •) wth the Cthurth Meets Ladieg Felk)wshlp ljjnatiL FuThJ s set Ihe ladies to dwate acccrdlng to the fuThts are mNe$ m&nbets and tsr atteTh tthyards costsof Fyttnises for the thurch DL¥th( ty rAtSare I1 as resticied fund5 seiujt under note 15. C*liwlrrx)f Repair FurMI: set 11 2021. dcsed in 2022 Te are fijrvts seta&de at the 2021 to fijnd the costs the Celrjr repaits ofthÈ sathjary
CHORLEY UNrrED REFORMED CHURCH NOTES TO THE STATEME1 OF FINANCIAL ACTIVITIES- continued FOR THE YEAR ENDED 31 DECEMBER 2022 Totsl X+21 2022 Fabri< Commlttee Desi9noted Fund ance b]fv 01101122 Income Transfers in from other fuTrJs ExpEnditu Transfers out to Qther fmds Invesbnent gain¥lows Balan 31112122 165,ni B,269 183.170 (10,022) (25,0(MJl (4.248) (20m)) 132 727 165.731 Sirk Jnd Needyj Yenamed the Slyport Fund in 2022 Balance bifwd 01101122 Inci)me Expendiiure Tranr to TTddlers alance 31112122 663 14921 (284) (218) Tlddlers Fund Balantr blft¥d OAIOL122 Income Transfer frorn Sldl ar¥J Neety hjnd ExFenditwe Dan 31112122 225 218 {w) 196 Ladios Fellowship Donatiom Fund Baance blfwd OIIOV22 Income Expenditure Bae 31112122 270 270 (() awrch Devtlopm•nt Fund Dwlgnated BaLan Wfvld OVOI122 IrLUne: tknations 241,141 5.229 2,650 59.891 (4,1551 (111,2981 Transfers in from txher hJnd5 ExperKJibJre Celllng repalr Transfets out to Lher tuThts Balan 31112122 {45WF2) Ceilinglroof repair Fund: dosed In 2022 8alarKe Wd 01101122 Income.. Dmabons Grft Ad donations and rebate Transfers In frorn oth¥ fuThls Expenditmre Transfets out to rther fijrbts BaLan 31112122 31.584 1,236 {1) 31.584 Balance clfvld 31 December 2022 398.476 The tollowing funds from 2021 were ¢10$ with zerg balance during 2022: None The frllowlng funds from 2021 were closed and balance tr•nsf*tred during 2022: Ceilinglro)f repair furvj. balan trSferred to amjrch FurK1 de&gnated fts
CHORLEY UNrrED REFORMED CHURCH NOTES TO THE STATEMENT OF FINANCIAL ACtIVrnES- contlnued FOR THE YEAR ENDED 31 DECEMBER 2022 16 RERIc[ED FUNDS The d)urth accounts inclthje 10 Restricted Furhjs, %tse the ItleS can used ftrthe srrrific purpose for which they were entrustsd to the rhLMth. SL¥ne ofthe fvThts wèe then dc6ed, hamng fulfilled th•r SNJtWXe. These nnIeS a not at the dLytsal of the ots a¥J re. rosy Missthi F1 sficallY raised for LeFw Mis&on pwb"a¢larly fma KrtaI1 ats kndty am st1. wer Aid Fj set up woJect"Jars of thèr f¢riats of wat GrnTl for fe FLDJ to 9JFPXtthe naixMal URC under "COnnItrnent Ladies Felk)Thship Prtg Charty Nwal rSarS Fthd ies spEcifiC4 for hJnthThJ any oJrrent disaster ernergerKy rh¥er Fund Ic$ ¢knatsJ ¢0 the thjrth for tt expres1 wrpose of pmwding O)Sts rABMise5 fty (hur(h's de¥Wment Hdlinstrd Centre Apral ACCjnt s sets aPBrtJtsWJe gwen by oth% ¥ai5ed thrwgh the a31 ty Jr ofeSSl fvnd-raisng team for fundiffj the Hollin5head Community Project Fund.. set up in 2021 Renamed Hdlinshea1 Centre Fund in 2022 The we rrnns ate fiNta$¥Je to fvnd commurmty pro)ects initiated rxjr ccfnW M)rker wy) as the Rewr Café and The Meeung Ha The cL¥nrnthty are cdledNety known as The lin5head Open Kltrhen fvlms rtmaied gratsfvx W0dij meas for the in 16.1 The movements <¥) Restricied the vEre: TOtsI Leprosy Mlsslon an¢e blfvid 01101122 Income,. the 11 didnt run in 2021 account of Cowd and has not re9Jmed srKe Expenditure arKe 31112122 Water Aid alarKe Wfwd 01101122 IrKOrne,' donakns Id,. iThJu(Sng gift aKI th)fy)tify gift aid to pass on No collecbons made in 2022 tKrt dcfflakn sent frc•n F1 Expenditure Balan 31112122 (926)
CHORLEY UNITED REFORMED CHURCH NOTES TO THE STATEMENT OF FINANCIAL ACtivrtlES- ntInUed FOR THE YEAR ENDED 31 DECEMBER 2022 io TLal 22 2021 Commltment for Life Balance blfwd 01101122 donation5 ExFeThJiture Bala 31112122 140 {1401 Ladies Fell0VhlP Bdng and Buy Charity Balan blfwd 01101122 Incorne,. tiNs was not hek1 in 2022 Expenditure BaL3nce 31112122 Flower Fund Balance bld 01101122 IrthrÉ; donatior Eypenditure BaK4nce 31112122 570 465 712 323 71e 412 57Q N•tur&l Disasters Fun Ban blfwd 01101122 Income,. Donab"ons Gfft aid thnations Grft aid to pass on Expenditure Blan 31IIV22 1,968 22 Church Development Fund A((t Resltlctsd Fund Balants 01101122 Incorne.. iC6,078 105,573 Grants reNed Tranthrs in fr¢¥n other fijrnts Exwthture Tran cth to other fUts Balae 31112122 $98 10.0 I,078 114078 HrAlinsheod Centre Appeal Ac¢wnt gaLan blfwd 01101122 125 125 tk)nations al efforts Transfers in from other fiJnd9 Expenditwe Transfers out to other an 31112122 3,325 124 3,550 125 Community Project FundlHollinshd Centre Fund Bantt tyfyvd 01101122 Income: Donabo Grants received Transfers in from ¢Xher fvn ExpeTrJitu Transfers out to other furbjs Balan 31112122 5.614 4.244 28.932 15.563 122,130) 1,750 lQ.947 5,614 Open Kitchen lae blfyvd 01101122 IOrne Transfers in frcrfn otheJ fur>Js Expend¢tsJre Ba 31112122 3.519 Balance tlfwd 31 Decemw 2022 141.wj 111387 The following fvrtds fyom 2021 were domd wilh zero tsalan 2021. None
CHORLVI UNrrED REFORMED CHURCH NOTES TO THE STATEMENT OF FINANCIAL ACtIVfTIES- continued FOR THE YEAR ENDED 31 DECEMBER 2022 li 17 MONIES RING-FENCED FOR PROPOSED CHURCH DEVELOPMENT Ttstsl TOknI 2021 Fur 2022 Cwpital rin9.feed ft¥ chuth de%*op) Jnds ring.ferKed for churth oFynent Dra$ to be paswj on 51,Olb 229,295 106,078 30,497 157,096 259,792 83,269 389,163 575 416,888 4n,432
CHORLEY UNITED REFORMED CHURCH NOTES TO THE sfATEMENT OF FINANCIAL ACTM1- ¢vntinued FOR THE YEAR ENDED 31 DECEMBER 2022 12 16 2021 COMPARATIVES TOTAL 2021 INCOME FROM: ()naDcxB legari Other tradiThJ acbwtses Invesfftnts Other Total incom• 51,194 517 18,991 16,035 86,737 20,623 13,942 85,759 517 23.001 16,327 125,604 4,010 292 24,925 13,912 EXPENDrnJRE ON: ch¥itae treS.. URC Minthy & Mis9w Mm15tertal costs Costs of churth xtMtie9 Grants payJe restrkted 33.542 2,965 36.471 33,542 7,085 88,384 4,1) 46,020 s93 924 $1.044 2,078 7,971 3,002 132,013 Total expenditure Goin$l{low) on Investment •sg•ts 2.506 NET INCOMEI{EXPENDmJRE 13.739 123,6131 5,971 {3,903 Transfers between funds Net movement funds 13.n9 123,6131 5,971 (3,3) lotal fund$ blfwd l January 2021 57,9)7 424,669 106,416 588,992 Total fund• £lfv 31 Detémb•r 2021 li 17 Related Party Transactlons Tfwe bave been rKJ party trarnwbms the y 2022.
CHORLEY UNrrED REFORMED CHURCH 13 FINANCIAL sfATEMENTS YEAR ENDED 31 DECEMBER 2022 TRusfEES' AND TREASURERS. sfATEMENT We, wlth the Charity Trustees. acknowl&lge resnSIbIl ft)r preration of the accounts and we have therefore prepared the financial statements on pages I to 12 for t year e11 31 mIr 2022. We do not consider that an audfit Is reVuir for this year. We have made reasonable enquiries of the TntsteEkrs and ots relevant organisattors. Church Treasu Dr Grahame Barkby 2023 Treasurer Fabrtc C(xnmitt Mr Brian DarbyshltE
14 Registered Charity Number: 1128897 INDEPENDE INER'S REPOR TO THE TRusfEE 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 2022, whh a set out on pages I to 13. Responsibilities and basls of report As the charity tnjstees of the arity you a ponsIble for the ppardt10n of the accounts in accordan with the requirements of the Charities Act 2011 Cthe ACV). I pOrt in respect of my examinatton 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 Commlsslon under section 145(5)(b) of the 2011 Art. Independent exarniner's statement I have completed my examination. I confirm that material Matte have come to my attention in connection with the examination gNing me cause to lve that in any material respect: (l) accounting CordS were not kept in respect of the Charity as required by section 130 of the Att; or (2) the accounts do not accord with those records; or (3) the accounts do mt comply with the applicabk requirements ConMIng the foryn and content of accounts set out in the Charities (Accounts and Reprts) Regulations 2008 other than any requirement that the accounts give a 'true and fair view which is not a matter consider&1 as part of an Independent examination. I have no concerns and have come across Trj other matters in connettion with the examination to which attention should be drawn in this report in order to enable a proper undersfAnding of the acajunts to be reached. Simon Worswick B.A. F.CA. Smith & Goulding Charted Accountsnts 2 Southport Road Chorley PR7 ILB Date: 22 A23
14 Registered Charrty Number: 1128897 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF RLEY NITED REFORMED CHURCH I report to the trustees on my examination of the accounts of Chorley United Reformed cthuh (the Charity) for the year ended 31 DecemtEr 2022, which are set out on pages I to 13. Responsibilities and basis of report As the charity trustees of the Charity you are responsible for the preparati of the accounts In accordance with the requirements of the Charities Act 2011 Cthe ACV). 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 a)arity Commission under section 145(5)(b) of the 2011 ACL Independent examinerfs statement I have completed my examination. I confim) that N) materFal matters have to my attention in connection with the examination gmng me cause to IlIeve that in any material respect: (l) accounting records were not kept in rest of the Charity as required by section 130 of the Act; or (2) the accounts do not accord with tIK)se records; or (3) the accounts do not comply with the applicable requirements concerning the fomi and content of accounts set out in the Charities (Accounts and Rewrts) Regulations 2008 otr than any requirement that the accounts give a 'true and fair view which is not a matter considered as part of an independent examination. I have no concerns arKI have a(TOSS rn other matters in connect40n wfch the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to reached. Slmon Worswlck B.A. F.C.A. Smith & Goulding Chartered Accountsnts 2 Southport Road Chorley PR7 ILB Date: 22 A23