Charity registrdtion number- 1129944 St Andrews with Castle Gate Nottingham United Reforn]ed Church Charity Annual Report and Financial Statements for the Year Ended 31 December 2024 Commiinity Accounting Plus Units l and ? North West 41 Talbot Street Nottingham NGI 5GL
St Andrews with Castle Gate Nottingham United Reformed Church Charity Contents (continued) Reference and Administrative Details Twstees, Report 2to7 Statemeni of Trustees, Responsibilities Independent Eiaminer's Report Statcmeni of Financial Activities Balance Sheet Notes to the Financial Statements lJto?5
St Andrews with Castle Gate Nottingham United Reformed Church Charity Reference and Administrative Details Trustees Dr GDJ Jennings Dr IG Vincent DrNE Worley Mr RD Gaunl Rev CJ Ford Mrs FL Logan Mrs EM Smith Mrs S Allen Mrs AE Amiitage Mr N Coupland Mrs C Jennings Dr K Maxwell Mrs J PatteOn Mrs S Wild Mr M Clements Mr M Hod. Mrs P Hodgson Mrs C Magner 1129944 Charity Registration Number Principal Offiee Goldsrnith Street Nottingham NGI 5JT Independent Eyaminer John O'Brien. emplO.¢e of CoTnmunity .4ceounling Plus Units l and ? Nonh M esi 41 Talbot st¢t Nottingham NGI 5GL Page I
St Andrews with Castle Gate Nottingham United Reformed Church Charity Trustees, Report The Iruslees present the annual report togeiher with the financial statements of the charity for the year ended I I December ?0?4. Trustees and oleerS The trustees and officers ser¥'ing during the )'ear and since the )'ear end were as follows: Trustees- Mrs S Huichinson Iierni of service ceased 5 May 20241 Dr GDJ Jennings Mr R Logan Iterm of service ceased S May 20241 Dr IG Vincent lappointed 5 May 20241 Dr NE Il'orlev Mr RC Kenvon (terni of service ceased 5 May 2024) Nlr RD Gaunt Refv CJ Ford Mr D Graham (tern) of Seice ceased 5 Ma!, 2024} Mrs FL Logan Nlrs EM Smith Ptylrs S Allen Mrs AE Arniitage Ir N Coupland Irs C Jennings Dr K Ma¥'ell Nqr5 J Patterson Mrs S IF¥'ild Mr Kl Clements (appointed 5 Ma)- 20241 Nlr li l Hodgson lappoinled 5 May ?0241 Mrs P Hodoson lappoinied 5 Ftrfay 20241 Mr5 C Magner {appoinled 5 May 20241 Structure. gol'ernance and management ature ofgovepning documeni St Andrew s with Castle Galc Nottingham Uniicd Reformed Church Charitv is a local church of the United Refornied Chiirch in Greai Britain. and is a member church of the East Midlands Si'nod of the national Llnited Reformed Chur¢h. It was registered on 2 June 2009 as charitv number 1129944. The governing document of the registered charity is the standard fomi of constitution used bv m05t United Refomied Churches. It was adopted in NlaN' ?018 b), resolution of Ihc Church Meeling and iTllplem¢nled with etTect from Ihc 1st January ?019. The consiiiuiion established an Elders Council as the governing body draw) Irom those ordained as elders and eleclcd b). the Church %lecling. Page ?
St Andrews with Castle Gate Nottingham United Reformed Church Charity Trustees, Report (continued) Ret'ruilmenl and appointment of trustees The Trusiecs are ihose drawn frotn ihe mcmbcrship of ihc Church and 'hO are qualified to Se,e a5 charity Irustces. They are appointed by the Church Meeting of Si Andreth s with Casile Gate United Refornied Church and aci in accordance with the procedures for ihe lime being laid down by the Church Meeling in collformity with the Scheme of Union of the United Refornied Church. Members of the Elders Council are elec¢¢d b>. the members in Church Meeling and nomially serve for a period of three years.. they retire by rotation and are eligible for re-election for a further J-y¢ar tem). N4eTvJbers of the Elders Council may serve up 10 2 conseculive periods of service after which time the! ma). seek re-election afier a period of more than l year. The members of the Elde Council are the trustees of the registered charitv during their period of service. The Council meets ai the beginning of each month other than August. It is assisted iii its adminislration of the Church by sub-groups established for Finance & Buildings. Pasioral. Worship and Cliristian Education and CoTnmunication5. The majority of meetings tsk-e place in person however during the winter months many groups have agreed to meei virmall}-. Organi.¥ational Structure The Gedling Road property. a fornier manse is vested in Mrs S Hutchinson, Dr GDJ Jennings. Dr IG I'-inceni. and Dr NE Worley and held for the benefit of St Andrew s with Castle Gate United Refomied ChurLh in accordance with the statutory trusts applicable under the United Refomked Church Acts to United Reformed Church properties. The Chuwh land and buildings at Goldsmith Street are in the possession of the United Refomied Church {East Midlands Syn(Ml) Incorporated. The value of the property is not reflected in the accounts of this charity. The Church is situaled at the comer of Goldsmith Sireel and Chaucer Street iTb the city of Noltinghani. The principal address of the Church is Goldsmiih Sireei. Nottingham. NGI 5JT. Correspondence for Ihe trusiees should be addressed for the attention of Dr l G VincenL 21 Cedar Avenue. Beeston. Nottingham NG9 2HA or by email to trusl¢¢s@StAndrewsWithCastleGBte.org.uk. St. Andrew s with C&stle Gate URC, Goldsrnith Stred. Nottingham, is a City centre ¢hurch. It is an active congregalion which welcomes inspirdtional worship and ihought-provoking teaching. Mfe value the pasioral care offered by the church and the opporniniiies for proclaiming the Gospel and Serving the wider community through its outreach activities. Mojor risks and management of those ris The Finance & Property Sub-Group regularly reviews the major risks which the church faees and seek-s to ensure thal proper controls are in place to moniior and mitigaie ihose risks. The Sub-Group adopts a rolling programme ot reviewing the major risks identified oi'er a ihree 'tar period. while seeking to identify any addition31 risk5 that may develop. Objectives and activities Objecls and ainLf As a local congregation of the Uniied Refonned Church. we seek to advance the Christian religion througih oiir activilies and the facilities offered io the community b), our building. as described more specificall), in our mi55Lon statement. Page 3
St Andrews with Castle Gate Nottingham United Reformed Church Charity Trustees, Report (Continued) Our Mission 'Living God's love ihrough faiih and action" Living God's love.. as a carino fellowship in which all are valued. ThrougJh faith.. worshipping God in preaching. sacrarnent and mu5iC- loslering the spiritual development of our congregation: sharing Ihe good news of Jesiis Christ through witness. word. example and outreach. And action- in caring service to our community., city and M'ider world: supporting the wider Church locally. nationally and iniernationally. Public benefit The Trustees are aware of the Charity Commission s guidance on public benefil in "The Advancement of Religion for the Public Benefil-' and have regard io this in ihe adrninistration of the Church. We believe that Ihe Church proN'ides benefit to the public bv.. providing resources and facilitie5 for public M-orship. pastordl care and spiritual. moral and intellectual development. knth for the conqreoation and for an.one else ivho .1$heS to benefit from what the Church offers- promotin¥ Christian values and scrvicc by mcmbcrs of ihe congregation to the communiry, for tlie benefit of individuals and society as a whole. The trustees ¢onfim) that they have complied with the requirements of section 17 of the Charilies Act 201 I to have due regard to Ihe public benefit guidance published by th¢ Charity Commission for England and Wales. Page 4
St Andrews with Castle Gate Nottingham United Reformed Church Charit), Trustees, Report (continued) Achievements and performaDce Services continued to take place each Sunday morning ihroughoui ihe year= Holy Communion was celebrated on the first Sunday of each month. The average numbers altending worship stabilized at some 90 adults plL15 17 children. reaching more than 120 on significant occasions. Sunday M'orship is streamed live on YouTube with a video of ihe service also made available. The average participating via ihis medium is 90. There were 5 deaths of members and the minister has conduct¢d most of the funeral services, some of which occurred in the church. There were no baptisms this year. Our church is situaied in the centre of Nottingham and adjacent to the Nottingham Trent Lrniversity- Thc congregation is gathered from a wide area mainlv in Noltingham and Souih Nottinghamshire. The aangeMentS to live-stream morning worship continued, and recordings of these services can be accessed online al any time. This has enabled the church to reach out to a wider audience. Furthemiore. Ihe broadcasting of worship has beeii a significant benefil to those members who cannot attend service5. and many others who find our fom of worship beneficial and attraciive. The video communicalions liccnces used for meetings and other events wcrc used less frequently this >'ear as more activities took place in person. but continued to be a valuable tool. Our regular Church Members Meeting5 can be accessed via Zoom, and facililies are now available for members to vote in accordance with the United Reforn)ed Chuwh procedurcs for conduct of meeting5. A niid-week Zoom gathering continues to provide convcrsational and social aclivity for members albeil that numbers are lo,. The church is surrounded by the campus of the Nottingham Trent University and our Christian 'It¢S$ over the years has involved the display of posters announcing deiails of services. The posters also contain pravers for the community. Members of the public may submit prdyers requests to our Prayer Circle via the church website. At beginning of the university year the church holds welcome leas for students and their families h0 may use our car park for unloading. The Church has some 169 members including 7 new members who were admitted by profession of faith and transfer from other churches. The church mainiains a directory of them and its office holders. which is revised regularly in accordance with GDPR. The email addresses are used to maintsin a secure mailing list so that copies of Orders of Service and joining instructions for services and other activitie5 can be rapidly ommunicated. The monthly Newsletter is mosil). disiributed by email, but prirkted copies are available and some posled to members on request. Our regular Taize services of prnyer and meditation are held on the second Tuesday each month in the church. The church has 31 serving Pastoral Elders. each of whom is responsible for supporting a small group of church members. It draws heavily on this group to assist the minister by maintaining contacl with rnembers and to help them '7th pastoral care and spiritual needs. To this cnd this group rcceives Safeguarding irdining based on the new edition of Good Practice 6 Guidance published by the Lnited Reformed Church. The GP6 Guidan¢e fornis Ihe basis of the Church's Safeguarding Policy which is annually reviewed. Our Junior Church. Youth Leaders and other office holders are subject to DBS checking and are kept up to date with Child Protection Matters. We regularly review our arrangements to ensure besi practice in ihis aspect of our church life. including the Health and Safety Policy. The Church s dram3 group. the Goldsrnith Players. led a service of readings and music for Palm Sunday. The church choir collaborated with the Choir at Nottingham Cathedrdl to presenl a perfom)ance of Stanier s Crucifixion in Holy Week. The Tenebrae service was led bv one of the eldeTS. On Good Friday., a Service of the Nails was held. For Easter Day an Easter Breakf&st follom-ed by a service of Holy Communioii. The Church coniinued ils SUPPOrt for Christian Aid and £J16 was sent from the church after Christian Aid wcck. Page 5
St Andrews with Castle Gate Nottingham United Reformed Church Charity Trustees, Report (continued) Most of our Christmas setvices were conducled as usual. including "Carols in the Court Yard", which attracted a large attendance. On Christmas Eve ihe Midnighi Service with Communion w&s held. The other activities including the Chrislingle Service and Carol Singing. This vear ihe church decided to support the work of the Friarv Drop-in Homeless charity locallv and the Lin¢oln5hire and No11inohamshire Air Ambulance charity. £1680 was raised and split equally between the two. In November the Church Meeting agreed to donation £500.. in support of Christian .4id's Special Gaza Appeal. We coniinue to donate annually lo The Bible Sociery and the URC'S Comrnitment for Life programme. In addition to the teaching provided during worship. adult members of the congregation have had a number of opportunities to grow in understanding and faith. Our Lent house group meetings offered both in-person and 01)line sessions and thi5 year used a guided studv, From Now On wrirtcn by Rachel Mann and inspired by The Greatest Shoth'man. During Holy Ileek a serse5 of meditations look place conducted by our minister, who also delivered a weekly series of four meditations durinu the season of Advent. A Book Group provides the opportunity for member5 to study and discuss together texts on Christian and related themes. The Church participales in the Eco Church scheme which seeks to improve how we Care for God s Earth in different areas of life. Thi5 includes management of land. church buildings. community and global engagement. and lifestyle. A Silver lewel achiei'emenl has no been receiwed and ihe congregation is progressing towards the Gold Award. Two of our Elders are authorised to aci as Regisirar for weddings (including Same Sex Marriage} at our church: Catherine Jennings being the responsible auth0ri5ed p¢r50D With Alex Rae as the additional authoriscd person. There was I wedding held in the church th&s year. Our childrcn and young people are a valued pan of our church and attend a vibrant Junior Church. Normally they are present in the church service for 20 to 25 minutes ihen leave lo receive leaching and share in aclivities in one of our four age-relaled groiips. The Junior Church also lead Sunday worship occasions throughoiil the year notably at Harvest time and Christmas. The food items collected during Ihe Harvest Festival are donaled to the Friarv. a registered charity which suptK)rts homeless and 'ulnerable adults in our city. The Junior Church Saturday Club continued ils monthly meetings in the church during the Jear. A summer camp of eek-end activities ?$ held at W'alesby and some 37 children attended. The Junior Church sho. was held in July and this 5.ear comprised a perforniance Chitty Chitty Bang Bang based on ihe story. by lan Fleming. The Junior Church Nativity Service this year was as moving as ever. and the Children s Christmas Party was held which included ihe Panto. Every year the Church supports the shoe-box appeal where eifts. toiletries and small items of warm clothing are packed into gift wrapped shoe boxes for delivcry to vulnerable children or families in Eastern Europe or Africa. We Collected 61 shoeboxes that M'cre delivered this year to ihe charity Teams4LI Xma5 our local colleciion point. Teams4U are a global charity dedicated to support children and families through education. health and humanitarian aid. Our original building is over 150 years old and requires both maintenance and updating. In 2018 we began to consider a major renovation of the sanctuary and established a Development Group to collate ideas and consider essential reqiiirements. The impacl of the Covid pandemic brought this work to a halt. Now, following the moralorium. Ihe group has reconvened. and this undertaking is being considered once more wilh detailed plans being established. Page 6
St Andrews with Castle Gate Nottingham United Reformed Church Charity, Trustees, Report (continued) Financial review Policv on reserves The Trustees consider that, owing lo the fixed nature of the rnajority of the church'5 Costs and its significani reliance on voluntary income from ils members, it is desirable to retain cirea one year's expendiiure in reserves. Income is heavily relianl on a small group of member5 and the loss of a small number of those nicmbers would have a disproportionate effect on the overall balance of income and expenditure. As a result. rcserves are required not only lo meet fluctualions in iK)th receipts and pavments. but also to cover potential events or situations that could otherwise result in a sub5tanlial deficit being incurred. Page 7
St Andrews with Castle Gate Nottingham United Reformed Church Charity Statement of Trustees, Responsibilities The trustees are responsible for preparing the trustees, report and the financial statements in accordance with the United Kingdom Accounting Standards (Uniled Kingdom Generally Accepted Accounting Practicel and applicable law and regulalions. The law applicable to charilies requires Ihe INslees to prepare financial statements for each financial }'ear which give a true and fair view of the state of affai of the charity and of ihe incoming resources and application of resources of the charitv for that period. In preparing these financial statements. the trustees are required to.. select suitable a¢¢ounting policies and then appl!, them consistently- obserye the methods and principle5 in the Charities SORP- make judgements and estimates that are reasonable and prudent- State whether applicable accounting standards have been followed, subject to any material departure5 disclosed and explained in the financial statements. and prepare the financial statements on the going concern basis unless it is inappropriate to presume that ihe charity will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charihj and enable them to ensure that the financial statements comply with ihe Charities .4cl 2011. the Charities (Accounts and Reports) Regulations 2008. and the provisions of the onstilution. The Iruslees are also r¢sponsible for safeguarding ihe assets of the charity. and hence for taking reasonable steps for the prevention and deleclion of frnud and other irregularitie5. The trustees are resFK)nsible for the rnainlenance and integrity of the corporate and financial informalion in¢luded on the charity's websile. Legislation governing the preparation and dissemination of financial slalements may differ from legislation in other jurisdictions. Approved by the Irusiees of the charity o d signed on ils behalf by.. Paiter50n Trustee Page 8
St Andrews with Castle Gate Nottingham United Reformed Church Charit), Independent Examiner's Report to the trustees of St Andrews with Castle Gate Nottingham United Reformed Church Charity IDdep¢ndent examiner's report to the trustees of St Andrews with Castle Gate Nottingham ITnited Reformed Church Charity I report io the Irustees on m), examination of ihe accounts of Si Andre5 with Castle Gate Nortingham United Refornied Church Charity (the Charity'l for the year ended 31 December 2024. Responsibilities And basis of report As the irustees of the charity )'ou are responsible for the preparation of the accounts in accordance with ihe requirements of the Charities Act 2011 ('th¢ Act,). I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 .4ci and in Carrying out my examination I have followed all the applicable directions given by the Charity Commission und¢r section 14515)(bl of the Act. Independent examiner's statement I have completed my examination. I confimi thal no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the Charity as required b). section l io of the Act. or 2. Ihe accounts do not accord with those records. or J. Ihe accounts do not comply with the accounting requirements concerning the fom) and content of accounls set out in the Charities (Accounts and Reports) Regulations 2008 other than any requiremenl that the accounts give a 'true and faiv view which is not a matter considered as part of an independeni examination. I have no concems and have come across no other matters in connection '1th the examination to which attention should be drdwn in this report in order to enable a proper understanding of the accounts to be reached. John O rien MSC. FAIA. FCIE, employee of Community Accounling Plus Fellow of the A550ciation of Charity Independent Examiners Units l and 2, North West 41 Talbot Str¢¢l Nottingham NGI 5GL Date=. Page 9
St Andrews with Castle Gate Nottingham United Reformed Church Charity Statement of Financial Activities for the Year Ended 31 December 2024 (As restated) Total 2023 Total 2024 Unrestricted Restricted Note Income gnd Endowments from: Donations and legacies Charilable aclivilies Inestment income Oiher it)come 109.806 5.182 17.75? 173.951 4.458 19.290 5.182 17.793 31,7il 41 Tolal Income 164.471 1.427 165,898 2i9.053 Expenditure on: Charitable activilies (?01.7181 (1.4261 1203.1441 (201,1261 Total Expenditure Gainsllosses on inveslment assets (?01.7181 (1.4?61 1203.1441 {?01,1*61 28.603 78 28,681 Net Tnovement in funds 18.6441 79 (8,5651 55.257 Reconciliation of funds Total fund5 brought forward 71),736 3,878 717,614 662,J57 Total funds carried forward 16 705.092 709.049 717.614 All of ihe charity's aclivittes derive from continuing operaiions during the above two periods. The funds breakdown for the period is shown in note 16. The notes on pagcs 13 to 25 forni an iniegrdl part of these financial ststements. Page 10
St Andrews with Castle Gate Nottingham United Reformed Church Charity Statement of Financial Activities for the Year Ended 31 December 2024 (continued) These are the figures for the previous accounting period and are included for comparative purposes Total 2023 Unrestricted Restricted Note Dcome and Endowments from: Donations and legacies Charitable activities Investment income Other income 173.156 4.458 19,256 41.354 795 173.951 4.4.58 19.290 41.i54 34 Total Income 238.224 829 2i9.053 Expenditure on: Charilable activities (200.095) (1.031) (201.126) Total Expenditure Gainsllosses on investment assets {200.095) (1.0311 28 1?01.1261 17.330 Nel movemenl in funds 55,431 (174) 55.257 Reconciliation of funds Total funds brought fonvard 658.J05 4.052 662.J57 Total funds caled forward 16 71 i.736 717.614 The notes on pages 13 to 25 forni an integrdl part of these financial slatements. Page 11
St Andreivs with Castle Gate Nottingham United Reformed Church Charity (Registration number: 1129944) Balance Sheet as at 31 December 2024 2024 2023 As restated) Note Fixed assets Tangible assets Investments 10 1.050 546.769 12.968 505.581 547.819 518.549 Current asset5 Stocks 12 344 185 11.020 196.727 Debtors Cash al bank and in hand 13 2,116 16S.947 168,407 207.9J2 Creditors: Amounts falling due within one vear 14 (7,177) (8,8671 Net current assets 161 ?iO 199.065 Net assets 709.049 717.614 Funds of the charitv: Restricted income funds R¢5tricted funds 16 L'nrestricted income funds Unrestricted funds 705,092 713.7J6 Total funds 16 709.049 717.614 f nanci statements on pages 10 to 25 were approved by the twstees. and authorised for issue on and signed on their behalf b>.. Mr N Coupland Trustce The notes on pages 13 to 25 forni an inlegrdl part of these financial ststements. Pagel?
St Andrews with Castle Gate Nottingham United Reformed Church Charit). Notes to the Financi81 Statements for the Year Ended 31 December 2024 Accounting policies Statement of compliance The financial statements have been prepared in accordance with the second edition of ihe Charities Statcment of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 1021 and Ihe Charities Act 2011. Basis of preparation St .4ndrews wilh C>le Gate Nottingham United Refornied Church Charity meets ihe definition of a public benefit entity under FRS 102. The accounls (financial statements) have been prepared under the historical cosl convention with items recognised at cost or Iransaction value unless otherwise stated in ihe relevant nole(sl lo Ihese accounts. Exemplion from preparing a cash flow statement Under the exemption available to smaller charilies the Trustees have chosen not to include a Statemeni of Cash Flows within the financial statements. Going concern The financial statements have been prepared on a going concern basis. The trustees assess whether the use of going concern is appropriate i.e. whether thcre are any material uncertainties related to events or conditions thai may cast significant doubt on the ability of ihe charity lo continue as 3 going concern. The trusiees makc this assessment in respect of a period of one year froin the date of approval of the financial statemcnts. Income and endowments Voluntary income including donations, gifts. legaci¢s and grdnts thai provide core funding or are of a general nature is recognised when the charity has entiilcment to the income. it 15 probable thai ihe income will be received and Ihe amount can be measured wilh sufficient reliability.. Rental income is re¢ognised when received. Donalions and legacies Donations and legacies are recognised on a receivable basis when receipt is probable and the arnount can be reliably measured. Gift did Incoming resources from tsx reclaims are included in the Staiem¢nt of Financial Activities when the claim is made. Expenditure All expenditure is recognised once there is a legal or constructive obligation to that expenditure. it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Page 13
St Andrews with Castle Gate Nottingham United Refortned Church Charity Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) Charilable aclivilies Charitable expenditure comprises those costs incurred bv the charity. in the deliverv of ils activities and services for its beneficiaries. It includes both cosis that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Taxation The charit). is considered to pass ihe tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and Iherefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly. Ihe charitv is potentiallv exempi from taxation in respect of incorne or capilal gains received within categories covered by Chapter 3 Part I l of the Corporation Tax Act 2010 or Section 256 of ihe T&xalion of Chargeable Gains Act 1992, 10 the ext¢nt that such income or gains are applied exclusively to charitable purposes. Tangible fixed #55ets Individual fi.led assets costing £J,000.00 or rnore are initially recorded at cost. Deprecigtion ¥nd amortisation Depreciation is provided on tangible fixed assets so as to write off the cost or valualion, less an). estimaled residual value. over their expe¢led usefvl economic life as follows: Asset class Freehold Property Fixtures & fittings Depreciation method and rat¢ 2 0/0 Straight linc 200/0 straighi line 200/0 Straight line (except the Piano is IOO/o Straight line) l O % strnight line General equipment Buildings refurbishrnent Fixed asset investments Fixed assel invesiments. oiher ihan programme related investhients. are included at market value at the balance sheet date. Realised gains and losses on investmenls are calculated as the difference between sales proceeds and their market value at the siart of the year. or their subsequent cosL and are charged or credited to the Statement of Financial Activiti¢s in the period of diswysal. Unreali5ed gains and losses represent the movement in market values during the year and are credited or charged lo the Statement of Financial Aclivilie5 based on the market value at the year end. Stock Stock is valued at the lower of ¢ost and estimated selling price less costs to complete and sell. after due regard for obsolete and slow moving stocks. Cost is detemiined using the first-in. firStUl {FIFO). Trade debtors Trade debtors are amounts due from customers for merchandise sold or services perfomied in the ordinary course of business. Trade debtor5 are recognised initially at the transaction price. They are subsequentlv measured al amortised cost Iising the effective interest meihod. less provision for impairnienl. .4 provision for the impairnient of debtors is established 'hen therc is objective evidence ihal ihe charity will not be able to ¢ollecl all amounts due according lo the original ternis of the receiiables. Page 14
St Andrews with Castle Gate Nottingham United Reformed Church Charity Notes to tbe Financial Statements for the Year Ended 31 December 2024 (continued) Cash and cash equivalenls Cash and cash equivalents comprise c&sh on hand and call deposits. and other short-terni highly liquid In'eStmen1s that are readily ¢onv¢rtibl¢ to a known amount of cash and are subject to an insignificant risk of change in value. Trade creditors Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of bu5ine55 from suppliers. Trade crcditors are recognised initially at the transaclion price and subsequently measured at amortised cost using the effective interest method. Fund strueture Unrestricted income funds are generdl funds that are available for use at the trustees discretion in furtherance of the objectives of the charity. Designated funds are unrestricted funds and resources set aside for specific purposes at the discretion of the trustees. Restricted income thnds are those donated for use in a particular area or for specific purposes. the use of which is reslricted to that area or purpose. 2 lThcome from donations and legacies Unreslricted funds Designated General Restricted funds Total 2024 Total 2023 Donations and legacies- Donalions from companies. Irusls and similar proceeds Donations from individuals Legacies Gift aid reclaimed Other income from donations and legacies 4.065 80.021 4.065 80.021 1.000 18.527 9.385 1.000 57.502 17.084 123 7.579 8.091 8.636 101.170 3 Income from charitable #ttivities Unrestrirted fun(ts Designated Gener*1 Total 2024 Total 2023 Events & producttons Sales to membcrs Sales of refrcshments Crdft club aclivities Junior Church activities 822 ,270 2.092 104 1.265 104 732 828 1,426 879 828 1,426 460 1.854 3,912 .270 5.182 4.458 Page 15
St Andrews with Castle Gate Nottingham United Reformed Church Charity Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) 4 Investmenl income L'nrestricted funds DesignAted General Restricted funds Total 2024 Totgl 2023 Interest receivable and similar income- Other interest receivable Other income from fixed asset investments 2,685 1.255 11.290 3.777 41 15.108 18.035 12,670 5.082 41 19.290 5 Other income Ilnrestricted funds Designgted Gener41 Tolal 2024 Total 2023 Rental income Printing Income Fair Trade Other 11.860 18.196 30.056 39.253 1.519 1.519 1,832 18.352 Page 16
St Andrews with Castle Gate Nottingham United Reformed Church Charity Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) 6 Expendilure on ch4ritable gclivilies Unre5tricled funds R¢5tricted Tot41 Total 2023 £(As restated) Designated General funds 2024 Ministerial expenses and car allowance Manse and property expenses Pulpit suppl). Organist and choir cost Sunday car parking Congregational expenditure JLinior Church & Saturday club Saturday club Events 4.219 2.770 1.087 8.699 1.000 1.817 4.219 7,990 .087 8.699 .000 1.938 4.492 110 4.040 5.220 662 8.884 1.000 2.121 4.122 4.402 90 481 2,629 3,110 .326 990 961 Flou'ers Crafi club purch&8es Fair Trade purchases Ministrv & Mission fund contributions Donations Cleaning costs Insurance Utilities Church repairs and maintenance Health & safety equipment Depreciaiion Printing & rK)slage Telephone rental and repair costs Professional fees & training Sundry expense5 Investment charges Repairs & refurbishment Creche Sanctuary development IT equipment 1.326 348 .483 221 1,483 1,736 64.800 1.990 16,906 8.883 14.489 64.800 7.696 16,906 8.883 14.489 61.800 11.846 16.404 5.706 14.440 5,472 293 5,472 293 1.918 1,904 4.256 11,918 35.070 1,300 1.904 1.882 1.165 643 914 1.882 ,165 643 3.657 16.130 1,184 1.872 .577 2.588 2.733 16.130 10 1.184 1.112 10.320 851 58,972 142.746 1.426 203.144 201,126 Page 17
St Andrews with Castle Gate Nottingham United Reformed Church Charity Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) 7 Net incomingloutgoing re50urees Net loulgoingvincoming resources for the year include.. 2024 2023 Deprecialion of fixed ass¢ls (11,918) (35,0701 8 Trustees remuneration #nd expen During the year the charity made the following Iransaclions with trustees= Mr M Hodgson Mr M Hodgson received remuneration of £?001?023.' £Nill during the year for preaching tees. Mr5 P Hodgson Mrs P Hodgson received remuneration of £2,640 (2023= £Nil) during the year for the role of choir director. No Trustees have received any other benefit5 from the charity during the year. 9 Taxgtion The charitv is a registered charity and is iherefore exempt from taxation. l O Tangible fixed assets General Equipment Buildings Refurbishment Fixtures & Fittings Total C05t At l January 2024 11.07? 344,998 42,982 399,052 At 31 December 2024 11.072 344.998 42.982 399.052 Depreciation At l January ?024 Charge for the year 9.474 548 )33.628 42.982 386,084 11.918 At 31 December 2024 10.022 42,982 398,002 Net book value At 31 December 2024 ,050 1,050 At 31 December 2023 1.598 12.968 Page 18
St Andrews with Castle Gate Nottingham United Reformed Church Charity, Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) I l Fixed asset investments Other investment5 Listed investments Total Cost or Valuation At l January 2024 Revaluation Additions 505.581 30.262 216.138 (205,2121 505.581 30.262 216.1)8 205,2121 Disposals At ) l December 2024 546,769 546.769 Net book value At 31 December 2024 546.769 546.769 At 31 December 2023 505,i81 505,581 12 Stock 2024 2023 Stocks 344 185 13 Debtors 2024 2023 Prepayments 2.116 11.020 14 Creditors: amounts falling due within one year 2024 2023 Other creditors Accrua15 987 6,190 4.549 4.318 7.177 8,867 15 Contingent ligbilities The Church has entered into an agreement with the Nottingharnshire Masonic Hall Co. (19241 Limited Linder which the Church has a licence to occupy the Masonic Hall car park on SundayE siibject to various condlliong Under the terms of this agreemeni following its terminalion ihe Church 15 required to remove the exisiin¥ gate and make good the stone wall with 5uitsble materia15 to the salisfaction of the Nottingham Nlasonic Hall Co 11924) Limited. Curreni cstimate5 indicate thal any such liability is unlikely exceed £5.000. No notice has been served under the tern)s of this agr¢¢m¢nl. Page 19
St.4Ddrewi wilh Castlt Gate NotiinghAm l-niled ReforThed C.hurcb Charity Yotts to tht Financial Stttments for the l-ear EDded 31 Dttember 2024 IfoDtiDuedl 16 Other recopijed Bxlanre atjl D¢¢emb¢r 2024 J•DWJry 2024 TrAuifert l.'nruiri¢ttd fundj lieAerfjl O¢nerHI 173.731 125.874 1142.7461 7.170 1)4'¥i#V¢iie FabiiL FiiN] Nlinig1en Housing Fund liisic & nrgpn Fund j110[ Cljwrh Fund I'oihmunitsth Benevolent F Belyrai'ialls Gold%Tlllth Playcts Mis¢ Commiun¢nl For Life lans¢ ltsnd raft Cluh Fair Trade 434.517 140.0841 17.760 1.889 427 928 994 940 74.417 14.UOO 32.057 643 2.812 6.654 262 3.272 466 728 728 653 75.072 3.331 15.2201 IM81 829 3.819 540.00 38.97 2.812 43 R75 TDtal uThrexiritted furlds 711.716 164 471 28.607 705.092
St AdrewS with Castle Gate Nottingharn I'Dlttd Reformed Churrh ChArity Notes to the FinaDciAI Statrments for tht I'tar Ended 31 Dectjllbtr 21124 (Contined) Othtr retu#nisEd gsiTh51110stsI Bal#D¢¢ at 31 DrrembEr 2U24 Jwiu•r)' 2014 Rcstri¢l¢d fvDds Junior Church Res¢nr FI0cts Fund Gold5niiih Pla)ers Fwjd Studcnt Panlry- Fund 2.534 456 42 78 lJ85 270 270 618 TDt&l reSticttd fvndg .878 1.427 78 3,9£7 TOIAI funds 717.614 165.198 28.681 709.04Y P4e21
St.4ndrews w'ith Castle Gate Yoftingkam l-'nittd Reformed Chr¢ Charity rolts lo the Fitsancial St8trmeDts for the l-er Ended 31 December 2024 Itomtioued Comp8r8tii'e period Balnce Al 31 l)¢¢embtr Japvar¥ I023 txpEDded Tr4nsftrs £ {As re5txttd) Iinrostyitttd fcnerl lJ4.441 1135.7011 12.0921 378.351 29.482 30.448 .103 2.309 2.152 3.869 5.540 250 122 585 133.9371 434.517 linist¢nal Hovsinu FwK¢ .Iu%i j &- Oryan Fund Junior L'hitrch Fund ommiinion ]Sewo1¢ni Fwxl B¢l¥tyi ian Cyoldqmith PIA>'ers Misc ('ommillnci For Life Special Collec110ry5 lan5¢ C'raft Club Fair-frwje Trnidcraft 16.(A?) {5.7971 2.092 64_1 1.589 466 728 728 13221 {2.7721 35.549 -15.072 461 {2221 {1.670) 20 66 297 540.00) Total unrestritttd fvnds 6£8.105 255.£76 1200.0951 P¥8¢ 12
St Andrews with Castle Gate Nottingham l-Dittd Reformed Church Charity Yotes to the FiDIIDciI Statements for the l ear Etyded 31 Dectmbtr 2024 {cDntinuedl Bal¢¢ 1 I ja#r. 2013 l)eiembtt 2D23 £ {As re$¢*tedl Trhnsfrry Restyictred Jurtlor Church Resene Flowers Fund Gold8Diiih Pllyers Fw Stlldcnt Pantti. Fund 2.4 623 62 795 ?.5_34 456 270 19621 270 687 Totsl resirict¢d fvDds 4.052 857 3.87 TtAl 662.357 256.38) P4e 23
St Andrews with Castle Gate Nottingham United Reformed Church Charity Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) The Church's funds comprise Unreslrirfed Funds. including Designaled Funds, and Restricted Funds. Unrestricted Funds are available for use at the discrelion of the Church in furtherance of its charitablc objects. Unrestricted Funds allocated for sP]rIC purposes constitule Designated Funds. This designation is for administrative purposes only and does not legallv restrict the Trusl¢es' discretion lo apply the fund. The following Funds have previouslv been designated by the Trustees. Designated Funds The Fabric Fund is intended to provide funds for major Struc1 repairs or improvements to the Church or to the manse which are held on separate trusts for the benefii of ihe congregation of Si Andrew's with Castle Gate Uniled Refornied Church. The Manse Fund comprises the money raised b letting the Gedling Road property on a short hold tenancy. Repairs and insurance for both the Gedling Road propertv and the Kevworth manse are paid out of this fund. The Ministerial Housing Fund compri5¢s funds inlended for the purpose of assisting retired minister5 of St Andrew's '1th Castle Gate United Reformed Church and their dependants in order 10 relieve them from hardship 'hICh might otherwise arise from the necessity of finding alternative accommodation after living in Church accommodation. The Music & Organ Fund comprises funds designated by the Truslees in recognilion of a donor's love of music and for major periodic works lo the organ. The Funds are used for the pUhaS¢ of music. hymn books and significant repairs and enhancernents lo the Church-5 organ and pianos. The Junior Church Fund comprises income received by ihe Junior Church either as donations or from other fund raising aciivities. All income and expenditure for Junior Church is reflected in this fund and is supported by the Genernl Fund. The fund balance al year end comprises money rdised for charitable donations and not yet allocated. The Belgravians Fund arises from collections and donations at meetings of members and friends outside the confines of M'orship. The income is used prirnarily to defer the cost of such meetings and any surplus is given to charitable organisation5. The Goldsmith Player5 Funds relate io income and expendiiure incurred in the perforniance of plays and other dramatic perfom)ances eiiher as part of Church worship or in the Church halls. The income is used primarily to defray the cost of such perforniances and the acquisiiion of maierials and equipment for fure productions. The Communion Benevolent Fund comprises income received from donations from members following services of Holy Communion and is applied in making charitable donations, including supporting individuals connected with the Church in times of need. (hher donations may be added to this fund from time lo time. The SpeciAI Colleetions Fund represents amounls which are giver) by members for specific charitable Causes. nornially al particular services or events. The Commitmeni for Life Fund represents arnounts donated bv members to support the national United Reformed Church's Commitment for Life programme w'hich encourages all LTniied Reformed Churches lo take action, prav and give for people across the world and works with Christian Aid and The World Development Movcmcni. The Traidcraft Fund represented the purchase and sale of Traidcraft goods. Profit S distributed to Fair Trade Charities. and fundraisino events for Traidcrafi appeals were included. This is no, closed and replaced by the Fair Trade Fund. The Craft Club is a chiirch social group M,hich meets forlnishtly to make craftwork. Any funds raised from selling w'ork are used to support church projects. The Fair Trade Fund enables ihe provision of fairly traded goods. Page 24