Charfty r¢glstr•tlon number 1129886 DAVENTRY UNITED REFORMED CHURCH UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 {Prepared undtt the Receipts and Payments basis)
DAVENTRY UNITED REFORMED CHURCH LEGAL AND ADMINISTRATIVE INFORMATION Thjstees MrA Flfiehl Ms C Grlggs MSAE Draper MrR TU Mr KF S Bishop Ms S Davies MSJBCK {APInted 26 November 2023) Charlty number (England and Wal•s) 1129886 Independent eMfjr Cottons Atants LLP The Stabbs Church Walk Daventy UK NN114BL
DAVENTRY UNITED REFORMED CHURCH CONTENTS Independent examingrfs rep(xl Statement of finarKFal actswl Balan sheet Notes to the finandal statsThnts
DAVENTRY UNITED REFORMED CHURCH INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DAVENTRY UNITED REFORMED CHURCH I raport to the Trustees on my examination of the financial stateThts of Daventy Unit1 Refr}ml chUh Ilhe Church) for the year ended 31 Decembw 2023. My examinatN)n is out in accor(Sance wrth tha Church ACUnng RwJulaYon8 20C aThJ the Charttles Act 2011. Re$ponslbllltEes and basis of report AS th8 Trust& of the Church you are r&yJnsJtAo for the preparat ofth• fflnarthl statem8nts In aoJ)rdance wlth the rgqulr8mènts of th6 Chari1183Act 2011. I repDrt in respect of my examlnalh)n of the Churth's flnancial statemeTts canl8d out under s8cUon 145 of the 2011 Act. In catyng (xjt my examinatlon I have followe(l all th6 applkablo DireclM)ns g6n by the Charity Commlssion undor sactkjn 14515llbl of the 2011 AI Basis of the independent examlnerfs report My 6xaminallon was carried out in accordance wth the Pn8tal DItiOnS given by th8 Charity Comm185k)n and Church guidance, 2006 edition. An examination indu(E6s a review ol the a(xoun"ng reo)rds kept by Church and a Cornpar¥S of thè accxjunts pres8nled th ttK)Sg r. It also indud95 consldèration of any unusual Items or Illsclosur6s In the accounts, and s8&ThJ explanations C(cerning any such matters. The prordures undertaken do not Fxovlde all the eviderKe that woukl be required in ar¢ aud 8rNJ (x)nsequ&nlJy rso opknion Is glvan as to ¥th8thgr the acwunts pres&nt a Yrue and fair vlew. arHI th8 r9POrt Is Ilmttod to th0$9 rnatters sèt c¥Jl in the stst8rnènts below. Independent examinevs gtatement I hav8 completed my examination. I csjnfimi that no matterB h8v8 <Y)n to my attentkn th connocuon I1h thg examin81ion gfving me eause to believe that in any materfal rowL accounting records were n(rt k8pI in respect of the Chur( wulr&J by sethon 130 of Chariues Act 2011. the financial statem8nts do not accord Ihose TerA)rds: or the flnandal sts1gm8nts (lo not CoMY with the appIlb requirements ninIng the forni and cont8nt of rinancial 8talem81ts sel out in Ihe Charibes (Acix)unts and Reports} Regulatths 2(K18 other than any requlremenl that the finan¢J81 Statsmants glva a truo and lair view. vA)Ic Is rKl a matt8r consldered as part of an Indewdenl examination. I have no concems and have (¥Mne atross no other matters in (x[tiOn wth the examination to tch attention should dravm in thÉs report in order to en6 a proper understanding ofthe finarrial 5tal8m9ts tr) ba reached. Llsa Malone FCCA CTA Cottons Accountants LLP Thè Stables Church Walk Daventy North8mplonstrNre NN114BL UK Dated: a.7..13Jm
DAVENTRY UNITED REFORMED CHURCH BALANCE SHEET AS AT31 DECEMBER 2023 21)23 2022 FIX assèts Investments- al cost 10 86,481 86.481 Current assets Bank and cash balan 56.221 currant assets 58,221 Total ass•ts less Current liabilities 119.949 142,702 Incomè lund8 unfv5trlctI funds 119.949 142.71Y2 119.949 142,7ff2 GfftA repayments relating lo the pgrf(*J5 to 3111 Decemter 2022 31st DeMtr 2023 have not begn We1Vad In the year. qUanted. The flnandal statents were approved ty the ChuTth Me8tfrvJ on ......................... . . Its behalf by: . arm1 wore slLmed on MrA Ftfield Treasurer
DAVENTRY UNITED REFORMED CHURCH STATEMENT OF FINANCIALACTNMES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023 Unrestricted Unrestrleted Jnds funds 2023 2022 Not Income from: Donatlons and legacios Chartsble actiwU8S Other tradlro activlues Invèstments 26,557 396 1.650 25,509 24.724 389 1.955 21.522 Totsl Income 54.112 48,590 Expenditure on: Charltable a1v88 Oth*t expenditure 69.244 7.621 58,342 4.520 Total expendiiurè 76.865 62.862 Net expendlturn and movement In funds 122,7531 114.2721 Rèeoncillalion ol funds: Fund balances at 1 January 2023 142,702 156.974 Fund balance8 at 31 1)•c•mber 2023 119,949 142.702 The statsm8nt of finala1 aclivitses irHJudès dl gains and rg(xwIs8d kn th6 year. All in¢x)me and 6XF4ndltura dertve from (x)ntlnulng acbwties.
DAVENTRY UNITED REFORMED CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 ACCIntIng policies Charity Inforniatlon Daventy United Ref0ml Chureh is a r d)arlty - gov9rned by Trusts dis11118d from the United Refomied Churth Acts (1972 and 1981} and Schom8 of Unk)n (197210110111973. 1.1 Accounting conventlon Th9 f nanal statements have been prepared in accordance with the Charrbes Act 2011 Sectlon 133, uslng the iecelpis and payi)ts basls av11 to smatl 1189. aThJ tho Unilwj Reform Church G4Jidance. The prinapal aC0ntirj 581 r¥Jt below are applled con&slenty. 1.2 Charltable funds Unrestrlcted fvnds can be uswj tn aCtdanCe vAth the thafltabje obiedhes at tho dlscratlon of church 1.3 Income All receipts are now shown in the year in vthith they arg receNgJ. ro)V8ry Is raw)Isad as Ineoma recdv&J. Legacle8 accounted for en rKelved. No bJacy tncoTh was reCej In 2023, 2022 or 2021. 1A Expendlturn The URC Ministy and Mission FuThJ contribution 18 Fold regularty and t3 IrKI In the 11nancOal statamants for th& year in whkh it is pahl. Resources expended arB rgcAyJnlwl In thè Krfod to whtch are pald and Indud6 attrfbutablo VAT whlch eAnnot r8coverod. They are allocated to the parbujlar acbvtty to which they r81ate. AS m081 of the marwwnenl acw of ts Churth Is carrf&J ¢rt by volunteers. thls Intarolbla cy)st Is not IndL¥Jod In tho finanual statements as I voluntary o)nknbution to th8 lif8 ol tha Church Is Incal(JJlable. 1.5 Tongible fixed #ssèts Freehold property: Th8 Church bylhè East MKJlands Syrnd. Ths Church Is raquirod to maintain the bu1&9$. Exp6tliure incurred is wrrtten off in the year in vthich il is incurred 1.6 Fixed asset investments Valuations are gtven in note 10. 1.7 Taxation As part of Ihe Untted ReforTn Chur(, ts Church L% an &x(ytJ onllty wlthln tho maanlng of the Taxes Ad. Accordingly, il is potertrti8lly 8x8rnpt from taxab.on in respect of inc£Jme and capital gains r&cÈlved to the extent that such iOrne or gains are appllgj 8xdLLsively lo Church purty)8e8. No provision fcr taxati(M has b89n fflade in thasè flnarHial statam&nts.
DAVENTRY UNITED REFORMED CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Voluntary incom• Unre5tr1¢ted UnTestricled nds fund8 2023 2022 Cash gnv8lop&s aThJ covenants Donations, weddings and fiJneraL8 23,144 3,413 22.324 26,557 24.724 Charitable actlvltl•s 2023 2022 Mite Sche (UNICEF) 389 Income from other tradlng actlvltles Unrestricted Unrestricted funds funds 2023 2022 Comerstone Cafe 1.8&) 1.955 Investments UnrestricW Unrostricted funds funds 2023 2022 Rent Tecelyed Income from inve8tmnl$ D8PO8it a(xi)unt 4nt*fv 20.789 4,027 693 18.125 3,309 25,509 21.522
DAVENTRY UNITED REFORMED CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Trustees There wer& no trustees, ¢x other boneffts for the year endwj 31 Dwmbor 2023 nor for the year ended 31 Dmbar 2022. Trustees. expenses Th6rè were rKS trustees. exrknses pahl for Ihe year ended 31 Dwibèr 2023 nor for the year ended 31 Decemb8r 2022. Employee Tho average Inonthly numb8r ofnoyeeS durir•J the yWWdS: 2023 2022 Employmtnt eosts 2023 2022 Wws and salaEi8s 6.020 Costs above rela19 to (>sls of self-8mploy&l dgaYM12022- salf4ed deaner£4,$09.' EmFW80 £1.5111 Taxaon The charlty 1$ oxampt from taxatton on It8 athtU8s b8causa all Its ine is applied charftabl6 purposes. Tangible fixed assets For the Teasons staled in thè Acctyjnting Poliw Not8, lh8 churth arml mare buildings are not tanglble fixed assets of the church. For insurancè purF(es. the church bulldings ara Insurad by the churth as ft)Ik)wg:. Church Buildings (Sheaf Stmt. Daventyl- £3,618,569 {2022'. f3230.8851 The Old Manse Isheaf Strge( Trdventyl- £1.238.295 {2022.' £1.105.6201 Valuauons por Insuranrb vaEues at rermval dats 2 September 2023. East Midlands Synod sdd Th6 Man6813 lfjrrfJsbey Avenu8. Davonty) In 2018. Daventy Unit8d Reformed Chur( is to b8 compensated for k)st rents from Aprll 2018 reduang each year for a total of a 5 ar$, this ceased in the rrent year. 10 Fixed asset investsnents
DAVENTRY UNITED REFORMED CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEhlBER 2023 10 FlxÈd asset Investments (Continued) M&G M&G Investments- Investments - Charibond Charifund Cost At 1 January 2023 & 31 Dscèmbar 2023 43,481 86,481 Carrylng amaunt At 31 D9rnber 2023 43,481 86,481 At 31 Oecembgr 2022 43.481 86,481 Market valu9 Ot 31st December 2022 £83.540 (3181 Dlbor 2022 £83,331). 11 Unrestrlcted funds The unrestrfcled fvnds ofthe chaTIty cornpwlse the unexpended balances of donations at)d grants which are not subject to SP8cific corxlrfltins by donors and grantors as to h¢ they may be us8d. These indud8 d8s1gnated fvnds whith have been Sat aslde out of unrestrk#&J funds by the trl for s)fiC purposes. At 1 January Incoming Resources 2023 resources exppndad At31 December 2023 Ggngral funds 142.702 54.112 (76,8651 119.g49 Pr•vlou$ y•ar. At 1 January Incomlng Resources At31 2022 resour expet)ded Décember 2022 Gen8ral funds 156.974 48.5 (62.8621 142.702
United Reformed thurth Detsiled Statement of FhnlI Art" . . For Theyear Ended 3 December 2023 Year Ended Year Ended 31112123 3V12122 Unrestrirted Unrestricted funds funds AECEIPTS Voluntary Incom• Cash. envelopes and coltnants G%ft aid tsx Donatlons 23,144 22,324 3,413 26,557 24,724 A£tlvltl•s for gener•ting fvrtds Comerstone cafe 1,650 1,955 Inv•stm•nt Inrne and rents Rents recelved.. - Foundry Place rents . Rent of Old Manse and SeN1 charges - Itent of Manse Deposit account Interest Income from Ènvestments 8.055 8,150 1,920 11,050 693 4,027 25,509 21,522 Incoming r•sour¢•s from crItsb activtiie5 Mite scheme IUNICEFI 389 396 Total recdpts 54,112 48,590 PAYMENTS Chuyth artlvlties URC MintsEry and Misslon Fund A55e55ment and ministy Mnster's expenses Cleaner costs and tleanlng supplies Heatin8, lighting and water Repalrs Eqtktpment purchases Insuran Fire eXt1Ul$hers and MIlIaneoUS Quinqtsennlal contrfjlxrtlon 19,496 3,111 8.010 6,242 14,969 8,288 4,883 1,500 18,372 4.989 7.284 4,407 14,359 4,195 2,332 Carrfed forward 66,499 55,938
United Relomed (hurth Detailed Stat•m•nt of Fh7*ncial Artivities ForThe Year Ended 31 December 2023 Year Ended 3V12123 Unrestrirted fvnds Year Ended 3111¥22 Total fund5 Churth activltl•s 8rought forward 66.499 55,938 Donatlons and glfts Mtte Scherne IUNICEFI Comp35sion. Tear fvnd Miscellaneous donations 195 3} 425 1.825 2) 300 500 69.244 58,342 Other payments statlonery, litelature and printing Video, music licences, organ Church phone, Internet, web Independent examiner5 fees Payroll fees Bank tharges 2.295 691 2.530 1.185 312 1,136 1.464 216 207 216 209 7,621 4,520 Total payrnents NET {PAYMENTsI/RECpTS 122,7531 114.2721 * The Church tontributes to the central URC costs irf traini artd providing mlnlsters lincludin8 the centralised payment of stipends, pension contributions and other benefft5 for mlnlstersl. n¢nning the denomlnation and the wlder mission of the National Church.
(HARIIY Trustees. Annual Report for the period Period start date Period end date From Section A Reference and administration details Charity name DAVENTRY UNITED REFORMED CHURCH Other names charity is known by Reglstered charity number (if any) 1129886 Charity's principal address 45 SHEAF STREET DAVENTRY NORTHANTS Postcode NN114AA Names of the charity trustee5 who manage the charity Dates acted rf not for whole ar Trustee namè oince Ilf any) Name of person (or body) èntitlèd toa olnt trustse rfan KEITH BISHOP SUZANNE DAVIES RON TURNER ELDER ELDER ELDER ANN DRAPER ELDER REV ANDREW MUDHARARA CHRISTINE GRIGGS CHAIR OF ELDERS Resigned January 2025 ELDER ALAN FIFIELD JOYCE BOON ELDER ELDER Appointed 2611112023 TAR March 2012
Namos of the tTUStees for the charlty, If any, (for exanwle, any custodlan trustees) Name Dates acted If not for whole ear Names and addresses of advisers {Opiional information) e of advlser Name Address Name of Chlef executive or names of senior slaff members (Optlonal Informatlon) Section B Structure, overnance and mana ement DescrlptEon of the charl5 trusts Type of goveming document URC ACTS AND CONSTITUTION How the charity is constiiuted TRUST Trustee selectton methods ELECTED BYTHE CHURCH MEMBERS AT CHURCH MEETING Addltional governance Issues {Optional infomiatlon) AS PART OF THE UNITED REFORMED CHURCH IT RECEIVES ENCOURAGEMENT FROM THE NATIONAL BODY BASED IN LONDON AND THE EAST MIDLAND SYNOD BASED IN NOThINGHAM. You may choose to Irlude additional infonnation. Vrtre relevant, aboirt: policies and procedures adopted for the induction and training of trustees: the charty's organisational structure and any wider netwo with which the chartty BOTH OF THE ABOVE ISSUE BOOKS FROM TIME TO TIME GIVING GUIDANCE FOR THE ELECTION OF ELDERS AND THE DUTIES OF ELDERS WHEN ELECTED. THE CHURCH IS ENCOURAGING MEMBERS TO BE PRAYERFUL FOR THE WAY FORWARD, AS IT SEEKS TO INFLUENCE DAVENTRY FOR THE GOOD. relationship with any related parties- trustees, consideration major rtsks and the system and procedures to manage than. TAR MBrch 2012
Section C Ob"ectives and activities RELIGIOUS ACTIWTIES, INCLUDING: 1-WORSHIP AND OUTREACH 2- PASTORAL G4RE THAT INCLUDES 3- HELPING THE POORAND BEREAVED OF ALL AGES Summary of tho objects of the charlty Sot out In Its goveming docurnent THE CHURCH CONFIRMS THAT THEY CONTINUE TO REFER TO THE GUIDANCE CONTAINED IN THE CHARITY COMMISSIONS GENERAL GUIDANCE ON PUBLIC BENEFIT WHEN REVIEWING THE AIMS AND OBJECTIVES OF THE CHURCH AND IN PLANNING FUTURE ACTIMTIES FOR THE CHURCH. WE PROVIDE 1- PLACES OFWORSHIP AND PRAYER IN BOTH THE CHURCH AND THE HALLS. 2- YOUTH AND CHILDREN'S TEACHING AND CARE IN SCHOOLS AND AT THE CHURCH. 3- THE CORNERSTONE COFFEE SHOP AS A COMMUNITY MEETING PLACE. 4- SUPPORTING THE VINEYARD CHURCH WHO PROVIDE FOOD THROUGH THE OAVENTRY FOOD BANK. Ny OF OUR MEMBERS ARE HELPFUL WITH THIS WORK. Summary of the maln actlvhSes undertaken for tho publlc benefft In relatlon to these objects (include within this section the statutory declaration that trustees have had regard lo the guldance Issued by the Charity Commission on public benefit) TAR rch 2012
Additional detalls of objectlves and actlvltles Iopllonal inforniatlon) THE ELDERS AND A NUMBER OF VOLUNTEERS CARRY OUT MUCH OF THE WORK OF THE CHURCH ASSISTED AND ENCOURAGED BY THE MINISTER OF RELIGION REVEREND ANDREW MUDHARAFiA. DURING THIS REPORTING PERIOD ANDREW WAS SHARED WITH HINCKLEY 500/0 AND DAVENTRY 40Yo. REVEREND ANDREW MUDHARARA LE THE CHURCH IN JANUARY 2025. THE CHURCH REMAINS WITHOUT A REVEREND. You may choose to lrtlude further statements, where relevant, about: policy on granknaknng: policy programme related investn*nt contribution made by volunteers. TAR March 2012
Section D Achievements and performance OUR YOUTH WORK CONTINUES WITH THE AID OF A GROUP OF VOLUNTEERS WORKING ON BEPLALF OF THE CHURCH. surnry of the main achievements of the charlty during the year TO GENERALLY BE AVAILABLE TO THOSE IN NEED. A GCX)D PRAYER MINISTRY TAR March 2012
Section E Financial review THE TRUSTEES AIM TO MAINTAIN A MINIMUM OF ONE YEAR'S CASH RESERVES. DUE TO REPAIR AND EQUIPMENT COSTS OUR FINANCIAL POSITION SHOWS A DEFICIET FOR THE FINANCIAL YEAR. Brlef statement of the charitys policy on reserves Detalls of any funds matsrially In deficlt Further flnanclal r•vlew details (Optional information) THE ACCOUNTS HAVE CONTINUED TO BE PREPARED USING THE RECEIPTS AND PAYMENTS BASIS. You choose to Irlde additional informalion. where relevant about: tha charity's principal Sour offunds (indudlng any fundraising)- how experNJitur8 has supported the key obJ"ectNes of Ihe charity. investment policy and ObjeCveS including any ethical investment policy adopted. THE CHURCH REPORTS A DEFlCtT FOR THE YEAR OF £22,753 (2022.. DEFICIT £14.272). Section F Other optional information Section G Declaration The trustees declare that they have approved the trustees report above. Signed on behalf of the charity's trustees Slgnaturels) Full name(s) Posttion (eg Secretary* Chair. el¢) ALAN FIFIELD CFlrtI SriML- QRIG-& TREASURER Dalo TAR March 2012