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 {AP￿Inted 26 November 2023) Charlty number (England and Wal•s) 1129886 Independent e￿Mfj￿r Cottons A￿￿tants 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 stateTh￿ts of Daventy Unit￿1 Refr}m￿l chU￿h Ilhe Church) for the year ended 31 Decembw 2023. My examinatN)n is out in accor(Sance wrth tha Church AC￿Un￿ng 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 g￿6n 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 P*n8tal DI￿tiOnS 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 pror*dures 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 sls of self-8mploy&l dgaYM12022- salf4￿￿ed deaner£4,$09.' EmFW80 £1.5111 Taxa￿on The charlty 1$ oxampt from taxatton on It8 athtU8s b8causa all Its i￿￿ne is applied charftabl6 purposes. Tangible fixed assets For the Teasons staled in thè Acctyjnting Poliw Not8, lh8 churth arml mar￿e 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$, this ceased in the ￿rrent year. 10 Fixed asset investsnents DAVENTRY UNITED REFORMED CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEhlBER 2023 10 FlxÈd asset Investments (Continued) M&G M&G Investments- Investments - Charibond Charifund Cost At 1 January 2023 & 31 Dscèmbar 2023 43,481 86,481 Carrylng amaunt At 31 D9￿rnber 2023 43,481 86,481 At 31 Oecembgr 2022 43.481 86,481 Market valu9 Ot 31st December 2022 £83.540 (3181 D￿lbor 2022 £83,331). 11 Unrestrlcted funds The unrestrfcled fvnds ofthe chaTIty cornpwlse the unexpended balances of donations at)d grants which are not subject to SP8cific corxlrfltins by donors and grantors as to h¢￿ they may be us8d. These indud8 d8s1gnated fvnds whith have been Sat aslde out of unrestrk#&J funds by the trl￿ for s￿)fiC purposes. At 1 January Incoming Resources 2023 resources exppndad At31 December 2023 Ggngral funds 142.702 54.112 (76,8651 119.g49 Pr•vlou$ 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 Fh￿n￿lI 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 In￿rne 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 c￿rItsb￿ activtiie5 Mite scheme IUNICEFI 389 396 Total recdpts 54,112 48,590 PAYMENTS Chuyth artlvlties URC MintsEry and Misslon Fund A55e55ment and ministy M*n*ster's expenses Cleaner costs and tleanlng supplies Heatin8, lighting and water Repalrs Eqtktpment purchases Insuran Fire eXt1￿Ul$hers and MI￿lIaneoUS 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/REC￿pTS 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 charl￿5 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 Ir￿lude additional infonnation. Vrt￿re 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. surn￿￿ry 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 Ir￿l￿de 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 ObjeC￿veS 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