orley United Reformed Chur 11 iknnual Report & Accounts 2023
Contents Page Cover Annual Report 2023 Contents Addresses and professional a(fvisers. Report 4-10 Annual Accounts 2023 Statement of Financial Activity Balance sheet Notes to the financial Siatements Treasurers, statement Independent Examinerfs rert 3-12 13 14
CHORLEY UNThED REFORMED CHURCH CHARrrY REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 DECEMBER 2023 Ch4rity Commisslon Number: 1128897 Church Addr 34 HclI1 Street LarKaShI PR7 IEP Mlnister: R. Martin Whiffen Rdated Community Mlnlster: Arty Littlejohns Churth Manse Address: 6 LIThj1l C& Vthittk È Wthts LancBshire Adam J Sythjall MA FCA PBSythll&Co Grdfton F*)use 81 CW Okd Roa1 BLI 3A] BuikJiThJs 28 Queen Street maer M2 5JJ GeneRI Flrklrte: URC NW SynLxI Office Unit 20. Sandpiper Quay Modwen Road Saword Manthsler M5 3EZ Legal.. Legal Off URC NW s0d Offi Unli 20. Sandp¥Jer Quay Saiford Manchester M5 3EZ Birthal Blacktmjm Law Merchanl H¢JJse Avenham Street pS1on PR1 3BN
CHORLEY UNrrED REFORMED CHURCH CHARrrY REPORT OF THE TRUSTEES FOR ThE YEAR EPIDED 31 DECEP4BER 2023 Thls rewrt irKI irrfcmakn ruir&I lry tharTties Att 2011 and Accountlng arKI Rewrtlng ty Charitie5: statalt of PractKe to dhire5 preparing their accounts in r(e wlth narJaI Rwting Stsrnlar(l in the UK and RepublK of Irela1 (FRS102) l&Yeth l Janujry 2015). ADMINIsfRATIVE INFORMA71014 Chortey United Ref0mj Churth Clb3rity ts a church of Unrt8Y Refomied Church In Gwt Brliain. and a thurch of tr Nrxth West Syn1 of the Churth. It was registerEYJ on 31 March 2C#J9 as Charity NumLv 1128897. Chotty URC Church is situated at 34 H(AllnsheaJ SW Chy, LancaShI PR7 IEP. The rnts of Ekkrs, Meeting a [93tered as dwrty trust5. TtKJse sewj fr(yn l January 2023 until tr date thls ret(Mt was at¢xvj arE: Mrs Ballard Mrs Yvonne Barkty Mrs he1 Brown Mr Brian Darbyshlre Mrs Fk)na Hc Mrs Bemadette Philli Mrs Stella Kerr. re5ign&J Demiy 2023 Dr GrahanE Barkby {Char6ty Ctmnmissaon ccffrtal f(Y [fyj) Mrs Kathleen Longton. resign&Y Septemtw 2023 Mr Ian MCKerKjrk Mr James Mawd• Mrs Maroa peIle0Vry Mrs Pat Holgate srRucfuRI GOVERNA14CE AND MANAGEMEKr The aCtfveS cé Chorfw Untied RdCwrnI Cthurth a cNer5een ty the Ekkn. Meetirwj (rf the Churrh in aCCcdare with the pr[k)nS strre of UniW Rd(KrtBJ Church determi1 ty the Asseffltjy of the United Ref(%1 (hurth, arKI sUppnl try the rules of Clx)rÈy URC Church. The g)vemiro of registerj thanty is a Ststent )pted Lry Churrh MeetrThJ on l Febnjary, 2LKtr), whth was ewl and revised during 2017 a1 Curr urnkr furttr re4Èw. The Ekiers, Wing Os resFonsib ftx the firkiThial &JministratkM of urCh, aTrJ the cBrE aNI maintenano of Church Fffemis. West Sync#Y of trt United (hurd) (URQ 6 now resp11 for mainterh3rKe of the manse. Tr urth MeetiThJ (( all Iter5 wthing to atte1) gNes geal gu#Jae the Ilfe and vyk of the thurch. The Eklers assist Minister in pastoral care thu. The rrffiitm of Ekters MeetirKJ are the minister in pastrxal tharge, Rev. Martin Whfftn who was Inductsj in SeptemtH 2011. aThY rrEmter5 of Ch)rW URC Church rKKninateY aThi el as Eklers by the wntErs (rf OKty URC (thurch at a Church Meetiw. Ekkrs serve for 4 year5. ret0 by rotstK)n afj a elKJlbÈ for r*elett¥M. There 6 no limit on the numLEr of conserutive K#S of 5erte. Tr memlErs of the Ekler5' p+]J are the trustees of the rejister1 tharity during ttir of seTvKe eklers unth kn opt (Krt or are ineligible. The Ekjers are assisted In administsatth of the Church, Its pro[ and tts innts ty committees ÉststAislHI ts rkie atKt Fa. In Ilre with URC MLThkl Tnrt t URC The Charity Trustees (klegate to ts fiar CL¥rwnlttee fotkwlw tssks whlle maintsiniThJ stKh:
I11 managerwt of fina rf the thurch within agr authority, finan(ial limits and b. . Monit(lThJiman&JiThJ aThJ exrthliture arKJ makiw tXMW r(n . ProartNety manaJirb3 the (hurth's inNe5tnts withln the inves1Jnert obiectNe5, delega aulty aThJ finarKK31 limits aJre8J with the Charity Tnee5. The (Tharity Trustees detyte to the FaIy cmilt task5 YéhlÈ malntsini resronsibility fcff such: Mar4iging the maintenaTKe, upkeep improvfftnt of all thurch buik1iNJs and fabric within the e9al au1 arKI finanaal Ilmits viith the th3rty Trustee5. ManagiNJ the Èttiws of all Church l)uikJiws. The EhJer5' MeetiTrJ have met aThJ. in aJStK)n, If drcumStareS required such, indudlThJ its InvestJt sutrgroup, aThJ Committ5 nEt quarterty arKI, In a(kIrt)n. ff arcUmstar$ wuired Sh. We have teen able to nKmitor t church's ints arkj seek advte from cfkirivs finaKial aJviser5. The charrty learnt frc¥n artwitss Lrf t Fknl1jnsl Centre (see urMJer MissK)n atNJ Evangdism) that an Up)rlirj of the chariws 4K)vemae lI(]eS aThJ kwctedures was urgentty t. Work was ¢Th)mis5KJ to (k) ths. tsknrffj professK)nal in (loirKJ 50. There is N)w a Tiesilient CY)vernae. storLYl elonICAl on a ntral daiatrase As a kxal COWKJregatK of ttE Unf1 Ref(NTl Churrh. (JW Refowi Urch seeks to advan the Chrisban relvJK)n its V[be$ and flIS offer&J to the communty by its prntses. 0crItl rr 4Bifiolty in its mi55#)n statenEnt as:. ro a centre ofe¥ce/kn in 77p Church swth a Iwrt/n tte /WrtLI The Eklers, MeetlThJ is awa (rf Charity Crmnmisshjn's gUiJaE on wbli tEnefft in lfvarterrent of Rdhjion for publ Be avKI has rgjard to rt in aYminLStratK)n c¢ the Church. a1 fty puL¥r htW5hip, (3re and srtual Our CLNnmunlty Er¥>ige Pr1 and ary tsvIty arisirKJ frcffi that are bawj on the Th55 pro] Is on-golrhj and fvrther (ktslls of arny pffNJrs durfrKJ the yEar are cMJtllned k*r In rerxyt un(kn ts approtKots I&0s. REVIEW OF AcrivrrIES AND ACHIEVEMEpirs
The church has been l)less&l with s(JY ialentLYl &ttxI FeoF4e who gNe selfw their tirr and ext8tse to ertsure that qualty of worship arKJ pasthl ca continue. We have Contin to cwr usual rdrvje ( sVe5 duTiThJ 2023. Our wee Onli Sery1 remains available ¢)n Yj Tutr, still tEiTrJ on DVD'S ft)r und churth EMterS and. for t who have to Yj TULE, dEr& ty hand rf rECesry. We brated 9 and trEkJ 4 fufvals In cwr church duriThJ 2023, tMJt rK• weYdlThJ> Missh)n has proJressed during 2023. As as weekly l.11ne Services on Yj Tube continuing to whth continue to recelve kxisthe restK)nses and resuming CAfé (hurch wlth tts PUPFet mini5ty, our c(xnmunity ctiL to LE bw duriro 2023 wh The Meeting pla and The RetKiir Café, as ws15 of r faith. dnstrating G(xJ's kNe for the ccmmunity. contratt with LarK35h1 CC to run Tr RefLwAAsylum Seekers Centre Y in Decemtsr 2022, lyrt the Wp that ty041j ty fcK tr communty through that faolty has continwj in y5. All the cTrnmunity activtt]es we provMJe a now known as The HollIns Centre a1 to assist in c(trordlnatK¥n of those aCtfviti a Centre Manager was aPEK)Fnted at t (rf 2022 wlth the aStae of a grdnt from Awards for Ail. This is in &Jdits)n to t MeettrKJ Pe Cor01nat0r. atwintay in 2021. In kM)st for tISe 2 roÈs hèj to reswJn t(rth [sts talth gn5 durfw 2023 and t p)sts are rffi hLJ Tr Future). tsrgets we set out in ttst thxuffEnt uThkr WirKJ5 rrf wShip, Miss)nlEvangellsm. CarftNJiknKe (LK)th for k(al c1MUn in Ilai9)n with outsKle JerKS aThJ for our own church famity), army LeamiNJ are urthrw1 a1 will COntinL to te taken foTwar(l ty t chur(Ji as arMSta allcw. To faolliate our objectives arkJ tsv[be5 ft ts imF(¥tsnt that we maintsin the PdbrK all the church prerni. despite the events of t kist 2.3 years. The NcKth West SyrtJ of the URC Is now EnSIb frK the Ma1ntr of man. Thls is the rok rf the Fabr Ccffnmittee wrth t1r (w)irrtJ proJYamn of weventatwe rna1ntenar arKI ImwoveYnts to the fabit atll Ixcwty, keepiThJ wthin btyry guKldines. However. In VEW of prr¢M)s&J church (elopmen[ only essential rnaintenar was (arried (Krt in 2021. 2022 aThl 2023. the 443s arKI elth supp 0)ntrts conts.nue to trE monttrKe(I to ensu for rrK)ry. The thanty trustees are miThYful that we thuld use our monies and assets wi• and effettivety a1 not SqUar monEs. o)nsir that t resEib of our rffJ)ur is still tr) develop on our resent str to I(kJe rrKKe llexible ar Versati prEynise5 that are attractive. effioent aThJ k)3fca1ty arKI disabled frEndly for Lnefft of tt communty, while sbll provkJij niseS that wrJkJ tE rniSab as a worship. This (kos frcKn 2019. Tr 0)urch De)nt Group (Dntinues to lake this forwar(I, but, ttmwgh prryjress was lim[t by the Im[) of Covid 19 parKlwnK, bid by Ckney K. of which we part to GKNernmaWs 111 Up Fu1 has in the end teen sufxessful aThJ we are rv•V Ilty W on to rwlamp ccmunity L)uikiings The use of Jr s(kn1 l)uikJiThJs, irKIlI¥J ts uroraknl kit(t, lry a Trrdrl8J numtr of organisations a1 communty gr(MJps continues. The rx)ssiiility of (tsrities aThJ (Kgani&itkMs who have tKevi)usly expressed an interest in with us in the fvbjre will n1 to tE dartfvj as we pursue ftjrther revampir¥J of our prlse5. In revisitiThJ ts ne&ds of the ccfflmunity by repeatirKJ P duriThJ 2017, that rqxyt c(firmed that very little W charw nN)st of t reds tvnained. In 2020 our rrthr5 confirmed trot thts V•YMJki still IE tr* case. in t so rKhY. arKI
The mnthty Repair Qfé pThwJe5 a frEe servKe ts t1 on k)w run with qL4IlTr register8J tss (unts). on aAlar$ arhj I•In 31th aThJ • guioli The M[n9 Pe wovides a drotFin thlty for vulnerabk aThJ tr4)latal in the oNnmunity. 2 days a wrih a part.tsrn cTr(Kdinator In p)st. Reft1M Seekers Cattre ran until the e1 2022 {see at)ve). The Meeting pl runs with the suptKKt c( atNJ in collattration viith the NHS aThl (hJ1ey BC. indudirnj patherships with cixnmunity a1 la1 prwibiNJ teaTr, aFK1 0 vduntary ()rganiSatS gxh as otiz fvthe. In add[t)n, dUrij 2023. Tr MeetitwJ Pe fws attrthl fiJTrJiNJ for what it ix(NKles for tt cMun fr(¥n Chorley Bcs kNehOl SuprA)rt Fund. All communty that Y a rthv kn as The Hollir6heaY Centre. The C(mmunty Project FuTrJ set up wrthin charity acCnts, deals with ttE ftJndirKJ arKI TtN)se monts indle grants fTLNTr LaaShre Ca Dwjry cl LaaSter, tt North West Syn1 of the URC and other organisatw)ns duriw 2023. The worship sr3ce of our present prerni continues to be a mwh Versati aThJ flexits S usaJ ty the ciynmunty duritvj b%Eek. We are continulrKJ to k()k at wampiTrJ tr ([Unty bJlkdiNJ5. seekir3 from the architects as to the tx)ssiLNlttie5 aTrJ IyEfulty provHlirKJ filtres UatirKj to ttK)se that k1 have IEen provide(J ty ttE prtWKMJsty pro w Ilkj communty wtre. This woukfj tske Unt of the c(¥nmunity IlIty tfOVKknJ tv revam[1 worshlp St arn1 will lead to a revamriThJ of exisbng cc¥nmunty buiklings arKJ a smalÈr w buikl. This is fltsted by the bKI ty (]Kty 8C, (rf whth we part to the govemwvs Ld11rj Up FuThJ fir¥J 9mS5fv1 is tew wrjjressal ty the churth dJt group tlng on trtr of the charty and v4ith fin3JaI suptxyt of Chorw BC and the North West Syrkxl of the URC. while still takiNJ akyOt@te prrJknwThl aJvKe as r8]uird. FINANCIAL REVIEW The finarthl rnanagent stre uThler overall manJRment of ttE Charity TruSteEkrs wtth Finan a1 Fati C(xnmiitees omtinues to fUtion well. This eases the day to day tsjrden Charity TriWEkJefS fina101, PlYVTty and investrnert We iEliebE ttklt v tove manw thurth's financlal in last year well. Th0h ha an awng rhurch nBntr5hlp overdll. the CongtK)n and memlkrship have ten nwintained. Thurch tr5 aThJ frierKts in their giv1j to er6U that the chanvs exter6es S%Ere To ensure that ry11$ churth de¥ are set aSK frrm Lher arKI expeThJiture. ttE Church Developn FuThJ P£count rnal. Tr Iome to this fund from church nBntrs atxj regular worshipkw5 rdkcts confAkne they have in the way f0Th4ard. Equalty to ensure that rrK)nies tIE afrne c(Mnmunity work a set askle from other InCe arK1 eXlItUre, Community Fu# (wates f(Y Tr trk41iaO Centre. wrth help of the NW SYTKMJ as all. still been abÈ to Iet all our exnSeS, buL as Notes 8 a1 9 to the Financial StateTrts shcml, aThJ our givirKJ to waryiThJ charits.es and deSeN1r Ca continues. totsllirmj £3,715. In litIon, tte direct donatknns fr furnlraigThJ acbvrti& that did PllSS through coUnts. this has ien minimiseo.
In view of kK6sibÈ thurch eVek) as itsuilHi earlier aThJ ljie financial impltations, the conoms that Minster aTrJ Ekkn have an)uThJ regular giwThJ continue to L adreSj the nvnlmhip a1 covMjr8jat a1 TRIO material by URC, whth is bas8J cm prOrt givFNJ, 15 di3ble to us. The thurch's ciKrtril)utlon to URCS MFntstry aThl MissKM FuThJ thn)Loh the )rth West Syn(xi of the URC was still major tien of exlitU for 2023 ano will te for 2024. As the sum is cakukit& in arrears, t a churcth nl5 to raise that mrw, tyjt any cBpfital and capltsl assets church (thkxrnt arKI ft)r $th aThJ tt communty [Yoi fvfKI are rthv riThJ-fenc&J a1 exUdJ fr(Mn Its c3h)JIatn. ExK1ure for 2023 Ind$ e¥tEr6es for cTrThmunty wcer, but the maix extenses will te met ntraIty by t URC. The full flnancial iMationS of thurth on our txesatt site {3n at this nt I fulty drd. tIM)wJh dethwt team will t on estimataj (D5t1r as the pro]t rff(Keeds. If find that the c(6tifVJ5 for any further communty ivekipment a tworKi what the charity c3n re9)urce arby txrt the charfvs finar5 thItEs In )pardy, t the chanty tr will review the of that deveknnt and [xceedirj ftjrther, horthlty wtthout k)sing key lIllIeS for crjnmunty as frdr as p)ssible. Major icisions will go to the church rneeting in c(d with rmr Clsts ts rdtiFKatwM tefore any tK)n can te taken. Idealty, t Q)arity Trustets vA)ukl wish to in hatK1 an arnnt al to at kast 6 months regular exFerKJiture frx"busIr as u1.. The cash bak3rKes at 31 De(emter 2023, exduding the Church CWekyMt FuThd, CLvnmunity Pro]t Fund. other desKJnated monies for church dpn( any restric fu5 arKI Fabric CLJnmittee accounts, represent appn)ximatsty 4 nK)rths of kTh)wn estimateL1 eXEETrjEtu "buS•re$S as usual- ¢Juring 2024. tsurel5 that still ha Suffici fUts to cover t church's fixed expnses for 2024. The bank arnj cash tk3kvKes at 31 DecerntEr 2023 Efe as Generdl fuTrJs: £68,759 comkxiray with £82.402 in 2022. All (Jesignated fi1ls. exdLKJlrNJ (apKial assets a1 invthnts: £28,483 c(¥npar&1 with £5,172 In 2022 a1 refkrt5 KleS (lesigna for thurch (t. All restr1 jIS. £34.074 c(Nnpa1 with £35,816 in 2022; this reflects donatiors army grants for tt (nmmunty bVitE5 of the Fk)Ilinshead Cefttre. Totsl all fijrxts. exdIr3 assets and investrts. £131.316 cOMpaj with £123,390 in 2022. • InvestNEnts at 31 2023 t(tslbJ £45,613 ccffnpargj with £51,018 in 2022. T fyJures stc(k Maet tsVity w have the of our financoal alfvisers to er6ure the return on our inve#JTEnts fundiTrJ fUrtIr d)urch deVeknTrt. Further c¢)nNts are male utKÈr"MaKr rsks to the (hariv. The Charity currerty (wates 5 de5•J1 Fun(15 w6th tr eruxJragennt of Church P4eeting. Th&e have t*8) desul in Note 15 of FinarKial 5tl as:. Fabr Commtee FUFKI s71prt Fu Ttddler5 Ladies FelknNship t)cKk3tth Fu Ewjnated Furnts wtthin (hurth Fund Pm)unt pur[ aTrJ wlthin fur#ts durlrwj year Is slxwm in Ncrte 15 c¢ na71
The Church Fu1 Ir1 10 restrKted furxts 2023, rrK)nEs n onty tE U at the dispwl of the (harity Tnste&Ekderslthurch I+1j any Frtjry. T are Cri In e 16 of financial StatoMt ahJNJ with movowt In the funds durlrKJ the year aTrJ irKJu(È the Restr within the Church Fund Acc(MJnL Communty Pro FuTrJ aTrJ Holllnshthj Centre Apreal Account. The (harlty rK) k)rw a PWiro Pe CTrMlinator arkj a Centre Manw. Our deaw 15 self-emttsl. The church organist retir&J at end rA 2021 a1 ¥r4urteers play lthe organ for us In hls It Sk1 tE tN)ted that the of tt Myk of the ttkirlty is carr1 out ty willing volunteers and it is rffity when tt is t(x) diffilt CY Sltst trot outsw are proba 6 continuiro mai)r risks to tharty: A continuing fall in numLw (rf twde vKwshiMng at the thurth in nt year5 dir related to an increangty cCryrjat)nl1l5hIp. Appr0mate 80%+ of our Vduntary Incr is dirett giwrKJ ty mlr$ a1 adtsrents, in wh(h recovery uThler Gift AMI is sKJnrftant. This paTtKukrty nphaStses the for our Minister arKI Eklers tt) nK>nitor t pr(jr atKI furKliThJ (rf our vibeS and ere that t continues to fvffil Fts obKttive5. To the contsnuatKJn (rf the supt¥Jt for communty of provmded by The PlIShe31 Centre. charity 15 pursuiThJ the setting up of a Charitable Irwrated organiSat In tk3rtrwhlp wlth )rth West sYx1 of the URC aThJ Chorley whlle takir¥J Wl afft to engjre that irteSts of Lthaty a proter. ShouhJ thurth cktse as a ie of v)rship. the ccmnmunty f&ilty 5tlll ranajn. . Rfsks to lTrvestnnts. The nae Cnmittee continues to seek pr(eSsnal to revw and rtrts31aE its investr as ruirj to saf8Juard a1 dwersify its caEMtal Investnnt a1 re of risk while still seeknThJ a sonilant th of catmtsl growth atNJ irKome fr InveStnnts. TfK)wh the market value of our inVestnnts was ty ents in nt years. we have still met a tsrget income fn)m investsments of 4%. Risks to invthnts will C(KndY te kept under revEw. Thls catmtrl wlll te a sgnifirAnt conthtxrtK)n to the costs of church d•nL . IrKTearKJ costs aTiSiThJ frcm "Dra3miThJ wr Drearrs". )me a relatNety minor a1 easity met whik Ott a rn3r, Slth as the chL¢rch iknebixnent, for whth we will seek grants ots 9jJr of cMJt5k fuTh1iThJ as we rThNe forward in Ikli9)n with profeSSKl fuThJraisers arm1 national arKi k(al outshye Fncies, statLrt(Ky and ThM.statutw. Wth professMMal afvfj, we stIii to t PWiOU5ty Njentified. TIE tthtsve reSt(se frc¥n thurch r[nterS a1 Vr V•Df5hippEf5, supth of tts Ncth West SY1 of the URC a1 it5 W offi, the suptK)rt (rf BC aThl fe&jIk frryn (r &vi5er5, $tve so far, a all erragIng signs. Our vKxk In the OtEn Kitchen. ReIlr Gifé arxj The MeetirKJ PkKe hNJhlKJhts issu85 arouNi safegu3rdiNJ for Vulrab rJraphiC groups. Our tdKies pr(lureS cOntinL to t aThl uDYatoJ with pr) L* ro3ular trainiThJ. These actNrties have tEen SUprted financialty by CJNJrÈy BC, LancaShI CC, the Dwhy of Lancaster. the North West Syrthj of the URQ NatKThl Lottery (Awards for AJI) a1 ffljaniSat. It tEen kkntiW that (Mjf IxEsalt prn1 are siitiw on top of an do coal seam aThJ mire thir5 cryinati a miles away. Tlve is rsk of sutsijence that is
very likety to c(mjnt of stnthral terr6 that are NY•V apparent in our kvesent premise& W wrsue thurch on our wesent site, we a seeklng wOfeSl the vthat can LE ltKa1 Kh11, partKularty in IwJht the afxive risl armfj (NercomiThJ 5kn, whKth 6 very likety. Wrth sUprt of t h West SyrKKI of URQ tsklrwJ apwoprlate a(fvice and SSfUllY seeking financial SUPM. ¥ can rlY the situation sbll pursue further rewamtyro c( t prntses. . Any church iknekymt still has tKkntki1 risk a5 frkW. l. Finanoal rsk of futyts IRlng crxnmlttI to any red)nt aTh1 that frdils and funds (7nrKt te reCoVerJ. twh profesthl supwrtlafvts arnl r(1Thj outsKÈ funOiTrJ minimise this rfs 2. Buiiding work, when OJnw. tFrYJ fcwThJ to not fft purFrf)se. by having relty researc1 (rf t ktal (rKnmunty arKJ ensuriThJ that our Pkins meet tlx)se uIreMents as vll as Jr (hyn a1 with furt a(fve from architects arnj suNeyors, this risk wfill te Minim]. 3. The risks of any church dent to the ttortws finances in future years. As v1 as (Mjr own acc(wJntanL the legal aTrJ finarKial afvisers of t North W& SyncKI of the URC wlll a19) I ensuriThJ that the charity (kEs not tske any Unfary or risks. 4. Fc4k)wirbJ kK31 may ctk4roe its plannirKJ sbBteJy. H(A¥. b•+E have urstlfj frcwn C71 offKers that this runains very unlike. Financial supm fr(wn t c(MJnal re(knknwEnt 6 assured. tosed on t tiro match-fU11 fr(Mn CIKty United Rdcm)ed (Jurch arKt the North West sYj of the Uniw Rdc¥nkO Churth. As prevkjusty stated. rf W fi1 that costing5 a iwJ vthat dwnty can r1 and put the thanvs finances a1 actvitEs in Ropardy, then charFiy trustees 11 conb'nue to rfftw the SC c¢ any church et aTrl think ajain aut pr(Keeding any further. Tr doEkI gF(MJp a aware of these iss5 arK1 CDntinue to take The Charlty Trust$ are al¥a financial ThplKatv)ns of the alx)ve Iss. All church nnber5 arnj the whjer c(jrJatiOn will te C(nlI kept infom of the charivs finartces. pattKularty in Iwjht of (kn•Ekyts aring frcrfn "DreamiThJ wr Dreams" and any Tri5 re( w6th atwoval of tr* Church Meetirkj. VRS cwipiJ ty tk. Grahame Barkty (Charity C(MnmEsth contatt f(K the aTh1 ar¢Jroved by the Thanty Trustee'slEkJers' MeebrKJ on settnter 2024 aThJ is si3j its tthlf ty Ian PrtKetMJrKX Charity Trustee. 18th SetÈ&nlH 2024 io
Registered Charity Number: 1128897 CHORLEY UNrrED REFORMED CHURCH FINANCIAL sfATEMENTS TO 31 DECEMBER 2023 CONTENTS Page Statement of financial activities Balantr sheet Notes to the financial statements Treasurer's ststement Independent examiner's report 3-12 13 14
CHORLEY UNrrED REFORMED CHURCH CHARrrY STATEMENT OF FINANCIAL ACTIvrrIES FOR THE YEAR ENDED 31 DECEMBER 2023 Funds 2023 2022 INCOME FROM: Donation5 and legaaes Other trading activities Investments Other Total income 55,419 4,893 42,922 4,628 10,296 70,343 4,893 51,985 65,929 4,970 37,121 45.289 153,3C 54 347 156 842 EXPENDITURE ON: Charitsble activities: URC Ministry & Mission FurKI Ministerial costs Costs of church activities Grants payable and restricted donations passed on Total expenditure 44,119 2.761 33,245 44,119 8,024 92.755 47,096 7.2(Y3 168,692 5,263 22.595 36,915 Jo 2,986 148 613 Gainsl(losses) on investment assets 13 7,251 NET ZNCOMEI(EXPENDITURE 25,373 (21.897) (955) 2,521 179,9251 Transfers between funds 39 803 787 Net movement in funds (13.643) 17.gJ6 (1,742) 2,521 {79,9251 Total funds blfv•d l January 2023 82,402 281,373 141.389 505,164 5,089 Total funds clfwd 31 Dernber 2023 507 685 505.164 INote 151 INDle 16) MONIES RING-FENCED FOR CHURCH DEVELOPMENT AND REsfRICtED FUNDS TO BE PASSED ON 17 219,664) (139,323) (358,987) 1416,9101 (Note 17) (Note ln Total funds ¢/fvid 31 December 2023 adjusted for rin9-fend monies 324 148 698 88,254
BALANCE SHEEr AS AT 31 DECEMBER 2023 TaThJible assets 225,183 45,613 275,srJ s,756 45,613 51,018 551,774 275.573 14 6292 62.467 67 34.fKJ7 6,3 124,413 131.316 6,lQ7 117.283 123.39) 27.939 28.483 CURREIIT LIABILTfiES Credttors payaUe within one Trir 170,[ 1170m)) 135 926 139.647 505.164 TOTAL MEf ASSErs 5,164 THE FUNDS OF THE CWIRtrY unrestrict irthne fvThJs: General 68.759 68.759 299.279 368.038 82,402 281.373 363.775 299,279 68.Th 2YJ.279 Tctsl 139.647 14L389 %)5.164 aTh14n&J on ts try
CHORLEY UNrtED REFORMED CHURCH CHARtrY NOTES TO THE STATEME1 OF FINANCIAL ACTIVMES FOR THE YEAR ENDED 31 DecEMBER 2023 ACCOUNTING POLICIES A¢¢ovnllng Convention finanoal 51aterrents b) wepared under the hsttyKal mst except Valuat oflrNÉstriwrt assets, whKh e shom ot mathet Value. The fina1¥ atemts au transacih)A assets forwhKh the PCC is respwt4e b) by4. The finanoal stètsrnent5 ho been epa in the ChaiibÈS kt 2011 arnl RetNyiiry ty LThartties.' ststement of ReCOrnrnered Practi awlKèUe to thare5 prepanryj thr xwnts in KccrtarKe ¥vith the Finaroal ReFwb"ng Stsndard applb In UK and RewblK of Jreland IFRS 1021 lefftht L knuary 2019)- and the Unrted Refcfmeé (hurch Guidan. The chatY is a Benefit Entrty as defin&1 ty FRS 102. Tr (WL tJ¥i5 ofKcountiry hos adopted and the prtnople accounlrvj wjioes set be Ib G¢lng Conctr la continue in operatkinal aisterKY for the fryble ful]wÈ. Tru5 Tnstees conisnue to &Jopt tr wing cOreM ba$ of accounting in yeparkng the acrtsmts. Tlve are matsial urtwlavts atKVJt the QriWs to cwtir4. Fund Atttyunting Ic De&gnatK)n 15 an adnThnthtib att try whrh iTU5tee5 w emark unre5tTred fijnds fc¢ a partoJk3r or w, wbt restriLting or committyng fuThls Wlty. Tr de5WJnalh nyty the tre$ rf Liter deo¢e that the thty shcxjld not tKoceed v tyntin knith the e wo]ttt fimkts In the tem)$ of a grant End0rt fvn(ts a the captsl ofwhth te motiitswj.. rthmèty rx arsYMJ frcrfn purwJ5e and terrr6 on whkh ihe endm Y4as estat4shed. Totals for page I have IllLudett upldrmn 4rrounts Tanylblt Fixed Assets Freehold property: The Trustees ofb thurch and Ma tX1'r5 are the Unit&fj Ref(KI OyJrth IMJrth W& Pte) Trust Ltd wtrwJ hold them behaw ol CW URC for puryw5 crmKied wth OKth URC Expendlture Irurred on the (hurth arKI marL5e is off in it L5 ¥Kwrred. Id Investment 055ets: These are stated at rrrket Val rm the bartt 4et (kntr. I gains a losses are taken to the ststerrent of finaal actmtses as alse. Reafsed gair and losses w inve5trTEnts are calcuL3ted as the differen sales [edS openirwj market value (PdSe date rf Later). Unreaw gains ar hJs5es a CaknJted as drfference trtr4een the nlirket value at the year ÉTr1 aTh1 orNvJ rNirket Val lor wxchase date rf LAterl. Incominq Resources All vduntsry 9Mng if1Jed wi the firHrKial slatewb the t5 re(thd. dmation receNed. Legaoes are accounbj for leipt Certain be wanliw. l other Iorr gereraty reC£9Th th it i5 recei¥at If Re¥oyrtts Expended The URC MInty & Mwn Fund ts)nirèMJbm i5 p3hY bxbthl in the fmwal statthts tr year to r( rat Rewurce5 eyThJed are rned In ts rmI to are wrod and irfJL#Je attrirtt4e VAT vthith canrK)t rtto¥ve(l. TW are alkKaied to partKyJL4rthty to relats. Governartt costs represent dIrt expendtrjre the Ihe and IndeFEThJent xnjtmy ¢y1 finanoal slater. As most of managèment arKI aLtMty of the thwch s carried (xrt try v(Aunteers ths inwgit4e citst is rw)t irrIUd in the finanoal siat8)nts as ¥rJwtsry to the lrfe of the dwjrth s irtsbx4at4e. Taxatlon s pèrt of the United Reforrrey Churth with an irth in exce55 of £IOO,(KK), we wi<ÈrÈd ts Chanty Commwon on February 21m. ()Jr r¢9Strntson number i4 1128897. As rxitentialty exemFt frcth ra¥atim in rE&Fett of income ènd captal gain5 reCVe to e>t gxh WMe or gairs we 10 (tsrtsble kxwp No provson for tsxat has Lwi m* in these final1 slatwts. Ig FURTHER NOTes No further For 2023 Kcwnts
CHORLEY VNTTED REFORMED CHURCH CHARITY NOTES TO THE srATEME1 OF FINANCIAL ACnVrnES. cortlnued FOR THE YEAR ENDED 31 DECEMBER 2023 202> 2022 DONAIIONSAND LEGAaES Grft & Banker5 Orders 361 37,651 6,127 iO,l73 4282 io. Tax Refd Wedding5 & Funern & Bariw D(Mati& Recewed Weddin9 & FurAxal Fee5 Supwt Fund 9,435 6R6 11748 435 15,294 225 870 225 870 MER TRADZNG AcrIvrTIES HDllies for Messenger Cèr Park feesllease Swèl Effort5 4.055 838 4,055 975 IP4VESfMEIS Rent from Property111 ONidents and dthbJUc¢)s Bonk Interest 4Z,9)4 34J19 2.595 14 2,595 18 OThER INCOME Adlington Pa#oral EKrhses ClItrtms Adlington Manse contsibubcns Grènts rettived Loan5 rerIed Synod pport for CRCW Prc(eeds Syrv)d Manse Sclme Synod wpport durirrfj CoMd paThJthc MwllèrLKts item5 347 347 27,010 3Bi 43,619 27,010 2ty) 347 Totsl 153.309 MINisfRY & M155ION FUND The church wntrbLrtes to the central URC wsts of and minsters lindufirvj the centra paYnt of Sbpends. p) contributions and other befths ftr #¢r$I, runniry the derrfninatiM. and VIer rrlOn of the natwl church. Ths amual W arwtrts ty s)rre £23m1llh. 8C ofwhKh reuites to nier costs, al 87% b prrNkJed thwjh tt Mltry & FuThY conthtrJDmS frDm churthes. TOTAL 20 2022 MaintWkirKe clthe Mirlsby Pastoral exkW 3.445 Maintenartt, pai and redti Insuran Watert gas Counc51 tsx &57 667
CHORLEY UNrrED REFORMED CHURCH NOTES TO THE sfATEMENT OF FINANCIAL AcnvfTIES- ¢ontIned FOR ThE YEAR ENDED 31 DECEMBER 2023 TOTAL 2022 23 cosrs OF CHURCH I BUILDINGS AcnvTh Pastoral Exwrhses (other than Jlpit ppty and Wcfsh Family Churth (kganist & Music Copyright Iicenses nual subsuiptsons.. Sy. CTC Water. gas and declriaty ildiw5 maintenan JSldirvJs i)rerlts Garage refttrbthrTEnt aeaning statsery, 5K)5tsge & atherti%ThJ Tdephone Iv•l,' Lhurch tvoadbaTrJ Messenger Cc6is Inwrar Aowers Hollies for You shop rert and tsx Churth [drrent FLnd Cdling repair Communty Project FuThJ 1.507 227 240 227 240 263 263 329 15.411 15.411 3,730 958 4447 3,428 s05 452 576 q52 6,629 258 496 t5.9EiI 15,960 q.i IIL 35,422 833 35.422 3.929 iii L>Nbation5 other than restsfjcted dfftatiurs tthv ped f teartNng our Dreams," indudiryj other FYOfesSal fees Governae LIts. IndeFdent exarruner afvj acwjnts prepara Bank charges 164 370 In 915 10 GRA15 PAYABLE AND ResfRrcrED DOMAIIONS PASSED ON Tear FundlCompassMVPethany Lepr05y Misgon Water CommitrrEnt for Ufe Ladie5 F1p B&P (harty Natural sasterS Fund (donations thr(xMJh Oisaers (brithan to ibUte> Supwrt FurKJ Ladie5 D£atin FWKI 336 336 245 245 1,156 1,156 80 EMPLOYEE cosrs AND PAYME1STOTi1$rEES L There were no rybjyees wth annual remwvatxffj rf£60.(ill iy {2022: 1. 2 No paymeffjs re math to trLSt$12022'. r4x*l. 3 Stsff costs ftr 2023 £8,294 (Meeting Plxe Cwrre 14wl,' {2022: £8.7CKII.
CHORLEY UNITED REFORMED CHURCH NOTES TO THE STATEMErir OF FINANCIAL AcrivinES- continued FOR THE YEAR ENDED 31 DECEMBER 2023 12 YANGIBLE FIXED A55Ers For the reasons slated in Actirj PrAry ncth Id. the wJ n95 are ta fixed assÈts of the churth. For irlwrartt purroses the Chvrth and ik$.rVJ5 are inwrej fcf £5.495.5te and Yard for £75,966. ContÈnts of the Church aThJ are for £l,LC6.303 ma Irsxed ty NW SyrKxl URC TOTAL 23 202Z CHURCH REDEVELOPMENT ught forwaid 225.183 27sS 5DJ.756 Balano èt 31 Dember 2023 INVE$rMEP ASSETS 13.1 The Invtrnent assets hehy at interest toTrJs arxj st Equity investhnb 25,164 16.163 25.164 16.163 35A 1¥428 L3.2 The Mrerrn15 m hvethnts tt Ere: Brou9ht rDrward L january 2023 at (arryvw lrnarketl v& AddlthThs to investments * cc6t Lisposa& at selling value Realised gainsl1lo} on disr•sHt5 Unrealis•J 9ainsllk)s1 w relatkn Ne¥JwLS Rounding adlustswit 51.018 io, {LO.5(K)) 236 15.7(@) 51,018 10,568 110.50DI 236 251 14 DEBTORS Gift Tax recovernble 67 107
CHORLEY UNrrED REFORMED CHURCH NOTES TO THE srATEME1 OF FINANCIAL ACTivfriES- L))ntlnutd FOR THE YEAR ENDED 31 DECEMBER 2023 15 DESIGNATEO FUNDS The thurth otffite5 5 Csh31 Thurth Fth"TrJ.' FabrK ccittee DeSwJTha Furxj ftJnd5 ts the Maintenan arK1 pair of the thuth, bj11r and rna prw)tses wer rnerged to frm fvnd,. Ihe mainteTranth arml repair LE 5uFthwJ ty the Fatic Cth)litt¢ Swrt Fund nd tD a55i5t r (hurch èno Its cmmiuntywith cbkrns and finanoal drtrth. This 15 adminstrred discreetty by Tr5 %wal Irom cregaC to fvnd with chiklren in need thrOut the I. Indu(s wrsoring the edLKation a chdd. Ekjers thiWnCbr FLmds set asxle to artyrding ts the lar atterth trdS the rfj5ts of rew wemw fortr* churth L>)Dat#Jns are as t-ted hJnd5 set out uThJer th 15.
CHORLEY UNrrED REFORMED CHURCH NOTES TO THE sfATEMEKf OF FINANCIAL ACTIVITIES. c4Jntlnued FOR THE YEAR ENDED 310ECEP4BER 2023 22 Fabric Commlttee DeslgMt¢d Fund Balance bfftyd oiioin3 InLYJme Transf in fr(wn otherfiJnd5 132.n7 19.927 16&731 I22.4) Transfers r¥Jt to c&)erfuThts Inve5trnent gwWosse5 BaLano 31112123
Jpport Fund Bo1ance blthd OIIOID3 Income 1,031 740 Fxpendiiure BakrKe 31112123 742 Thldlers Fund Bakrtt blf4¥d 01101123 rKon Exw(litu Babwe 31112123 355 336 J96 Ladles Fellowship Donations eaknce blft¥d 01101123 IrKome Expenthtu 31112R3 Church Dev¢lopm•nt Fund Account D•%1gnèt Fund Balance blfwd OIIOL123 Irwrre.. 147.586 Grft thnations and rebate recthtd Transfers in frrxn other fuThts 42,921 I15,} 59¥1 (4.1S¥J (111Th1 Ceuing repalr Transfets to othtrfthts Balance 3V12r23 B•l•n¢• Elfv 31 D8Mtser 2023 The following funds from 2022 T• dowd zern balant• durfn9 2023: None Th• loltowlng fundo from 2022 were clomd and balaK traxbsf¥rrnd 2023: None
C>IORLEY UNITED REFORMED CHURCH NOTES TO ThE sfATEMENT OF FINANCIAL ArnvmES- cfjntlnud FOR THE YEAR ENDED 31 DECEMBER 2023 16 REsfRzcfED FUNDS The churth aCt¢niS 10 R£$trtt %Yhere the Trnn can be the SW purpose for which they entrjsted 1¢ the thwth. Sryr ftvKJ5 then C1. I)rJ fuhIld pxw. Tlw a at the d1 Off (hurth fc¢ arry thr and rewe$t.. rw Mi5son WaterAil set up rrimarty wOt"jar$ of forièrs clwa Commitrrnt ftr Ufe ials Fdkn5hip Brkng oority L•Se5 srx%NxEd tharty from thr annul tKing buy Nabjral Thsasters Futh1 ower FuTrJ Hdlinshe•J C)tre 4)peal kcrrtmt Thts sets (Ktsde dcnotion5 gNen try other5 rased lfvwh tre arwl profe5yrffial fiJnd-raing team fy fvndifg the Hdlirthd Centre as ¢wwd to any cO)er thjrth devent Communty Prokrt FuThg.. we are set as( tr fu communty projects inlttated (xjr c(xMyJnty Krter a5 the Repair Café and Tr Meeting p Cwtse Ilcties ¢SJ)ated grants for hc w15 for the Tthl 29 2J Leprosy M1$51tsn Ba&ll blfwd oiioir23 Ie,. the Lewosy &thtall dM1nl run in 20211 account of CO has n¢¢ r¢5¥ srKe Expenditure Balantr 31112123 Water Balan blfv4d OIIOIR3 Inwme,. donatyons ved.. gft aK1 tywibx6 gift aid to Pa55 on No CD[lecti(S made th 2022 donarAJ) *nt frtyn F1 Expenditure Balano 31112123 245
CHORLEY UNMD REFORPIED aiuRCH io Tv 8alarKe Wh¥d OVOI123 31112123 BaLirKe blf¥¥d 01101123 Bar 31112R3 Bala Wmd OiiOV23 497 BalarKe 31112123 324 323 BaLle Wfwd 01101123 Gift axl to Pa5S L 8kn 3VLW3 {1.156 Wfv•J OIIOV23 If.078 Tranth in fr¢¥n othw IBI 84r 31112123 OVOU23 SpKwl efforts 3a25 124 ea1 31112123 Bakir blfvyJ OVOII23 loyrectojl 2910 361 27.010 135.422) (a793) t.7) 290 Ba14rKe 31112123 BaLince W1 OV01123,. lAt$ c* 254 3.519 147 Bal 31112113 139 141JVJ
CHORLEY UNITED REFORMED CHURCH NOTES TO THE ATEMENT OF FfNANaAL ACtivrriES- ¢onQinued FOR THE YEAR ENDED 31 DECEMBER 2023 li 17 F40NIES RING-FENCED FOR PROPOSED CHURai DEVELOPIIENT T(*1 2021 Capltal rtw.f•Ked for thurth d•nt Funds ring.fend for churth Re5trLted fvnd5 for HollInd Centre Omabons to be pos 45.613 174.W3 45,613 280,826 32,292 256 it6,823 32,292 259,791 416A88
CHORLEY UNTfED REFORMeD CHURCH NOTES TO THE sfATEMENT OF FINANCIAL ACTIVmES- conunued FOR THE YEAR ENDED 31 DECEMBER 2023 12 18 2022 COMPARAnVES 2022 INCOF4E FROM.. Lnabon5 and Cther tradiry octmtes In¥estrnen15 610 1.645 29.226 10271 1325 65.929 4.970 37,121 Totsi Income 381 92 EXPENDIlliRE ON.. Charit3b actie5.. URC Mhstry & Misscffj F Ministerial costs 47,iY 3,445 U159 47.096 7.209 168.692 3.764 121.891 Grants and restrlc dJnath)ns [SSed on Total exp¢ndltrJre 23.642 126 613 Gainsl(los*esl on Investsnentajsety NEfiNCOMEI{EXPENDrnIRE 19,159 (IIB,yn 19.463 (79.925) Net tttheThntln io, 1119,6831 29,C#)2 179,9251 lotsl lunds blfwd I nUary 2022 71.646 401.056 IIUB7 585, Tot41 funds clfwd 31 2022 19 Related Party Tt•nsoctk>ns
CHORLEY UNrrED REFORMED CHURCH FINANCIAL sfATEMENTS YEAR ENDED 31 DECEMBER 2023 13 TRUSTEES. AND TREASURERS. sfATEMENT We, with the Charity Tnjstees, acknowledge responsibility for the pparation of the accounts and we have therefore ppared the financial statements on pages I to 12 for year ended 31 tyecember 2023. We do not consider that an audit is required for this year. We have made reasonable enquiries of the Tru5tee5lElders and other relevant organisations. Church Treasurer Dr Grahame Barkby TreasUr Fabric Committee Mr Brian Darbyshi 1£. q.
14 INDEPENDEKf EXAMINER'S REPORT TO THE TRUSTEES OF CHORLEY UNrrED REFORMED CHURCH I reFQrt to the charlty trustees on my eXaMinan of the COUnts of the Chorley United Ref0md urch (the Charity) for the year ended 31 Decwnber 2023 whlch are set out on pages 1-13. Responsibilltles and basls of report As the trusttts of the Charity you are resFonsible for the preparatlon of the accounts In accordan with the requirements of the Charities Art 2011 Cthe ACY). I rert in rest*tt of my examination of the (harivs xcounts carried out under Section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Dlrrfbons given by the Charity Commission Ltnder Section 145(5){b) of the ACL Independent examinerfs statement I have completed my examination. I confirm that no material matters have come to my attentIn in connection with the examination gNing me cause to telieve that in any materval res. accounting rrdS were not kept in re5Fect of the Charity as re]uired by Settion 130 of the Act; or 2. the accounts do rt accord wth trk)se records; 3. the accounts do not compty with the applicable requlrements conmIng the fom and content of accounts set out In the Charities (Accounts and Rep)rts} Regulations 2008 other than any requirement that the accounts gNe a arKF falrf wew which is not a matter considered a5 Port of an independent pJaminatM)n. I have no COnrnS and have come across no other matters in connection with the examination to which ttertion should be drawn in this port in order to enable a proper understanding of the accounts to be reached. A J 5yddall M.A., F.C.A. Institute of Charter&J Accountants in England & Waks P B Syddall & Co Grafton House 81 Chorley Old Road Bolton Lancashire BLI 3AJ