WEST ORCHARD UNITED REFORMED CHURCH
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Registered Charity number 1130080
Page | I

WEST ORCHARD UNITED REFORMED CHURCH
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Index
Page
Report of the Trustees
Statement of Financial Artivities
Balance Sheet
Notes to the Financial statements
l. Accounting policies
2. Voluntary Income
3. Activities for generating funds
4. Investment income
5. Income from Charitable activities
6. Costs of generatin8 funds
7. URC Ministry and Mission Fund
8. Direct ministerial costs
9. Costs of church activities
10. Donations made
11. Investments
12. Gross transfers between funds
13. Debtors
14. Bank and cash balances
15. Creditors- amounts falling due within one year
16. Restricted funds
17. Designated funds
18. Staff costs
19. Trustees
20. Pensions
21. Contingent liabilities
22. Post Balance Sheet events
23. Donations received
24. Maintenance and Major repairs
10-17
Independent Examinerfs Report to the Trustees
18
Page12

WEST ORCHARD UNITED REFORMED CHURCH CHARITY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
ADMINISTRATIVE INFORMATION
West Orchard United Reformed Church Charity is a local church of the United Reformed
Church in Great Britain, and is a member church of West Midlands Synod of the Church. It
was registered on 10 June 2009 as Charity Number 113LKJ80.
West Orchard United Reformed Church is Situated at:
Baginton Road
Coventry, CV3 6FP
Telephone 024 76 419927
Email: westorchard@yahoo.co.uk
www.westorchard.urc.or .uk
Bankers:
CAF Bank Limited, 25 Kings Hill Avenue, Kings Hill. West Mallin& Kent, ME19 4JQ
The members of the Elders, Meetingforthe tlme being are recognised asthe charitytrustees.
Those who served as Elders in the yearended 31 December 2023 were:
Miss Pauline Luckett
Mrs Jenny Barnes
Mrs Margaret Costigan
Mrs Mary Goodwin
Mrs Sarah Jarrad
Mrs Margaret O'Kane
Mrs Susan Matthews
Church Secretary
Resi8ned July 2023
Chair
The Church buildings, manse and bungalow are vested in the United Reformed Church Iwest
Midlands) Trust Limited as trustees and held for the benefit of West Orchard URC In
accordance with the trusts applicable to URC properties.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The activities of West Orchard United Reformed Church are overseen by the Elders Meeting
of the Church in accordance with the provisions of The Structure of the United Reformed
Church determined by the General Assembly of the United Reformed Church. and
supplemented by the rules of West Orchard Church. The governing document of the
registered charity is a statement adopted by the Church Meeting on 29 March 2(Y)9.
Page13

The Elders Meeting is responsible for the financial administration of the Church. and the care
and maintenance of Church premises. manse and bungalow. The Church Meeting lof all
mernbers wishingto attend) gives general guidan￿ on the life and work of the Church.
The members of the Elders, Meeting are the minister in pastoral charge together with up to
15 members of West Orchard URC. Elders are nominated and elerted by members of West
Orchard URC in Church Meeting. Elders serve for two years, retire by rotation and are eligible
for re-election for up to three terms of office (maximum 6 years).
The Members of the Elders, Meeting are the trustees of the registered charity during their
period of service as elders.
In 2023 the Elders Meeting met 12 times. It is assisted in the administration of the Church and
its property by committees established for Management, Finance, Personnel, Social and
Administration
OBJEcfivES AND ACTIVITIES
As a local congregation of the United Reformed Church, West Orchard URC seeks to advance
the Christian religion through its activities and the facilities offered to the community by its
building, and its objective is described more specifically in its mission statement as "sharing
God's love so that all may know Jesus"
The Elders, Meeting is aware of the Charity Commission's guidance on public benefit in" the
Advancement of Religion for the Public Benefit" and has regard to it in the administration of
the Church.
The Elders, Meetin8 believes that the Church provides benefit to the public by:
Providing resources and facilities for public worship, pastoral care and spiritual, moral
and intellectual development, both forthe congregation and for anyone else who wishes
to benefit from what the Church offers,.
Promoting Christian values and service by members of the congregation to the
community, forthe benefit of individuals and society as a whole.
REVIEW OF AcfiviTIES AND ACHIEVEMENTS
West Orchard URC isafriendly informal church made up of people from differing backgrounds
united by our faith in God and his Son, Jesus Christ. The original church was built in 1776 in
Coventry city centre but was destroyed in the blitz of 1940141. It was rebuilt on its present
site in south Coventry in 1947. In recognition of the past, the stained-glass windows of the
new church reflect many of the trades upon which Coventry built its reputation overthe
years, as well as acknowledglng our own origins.
In 2021 we entered into discussions to join togetherwith oursi5terchurch Warwick Road URC
and on 05 December 2021 our church meeting voted to accept the resolution to merge with
Warwick Road and create a new church. A new charity is in the process of being set up and
Page14

the new church is called Baginton Road United Reformed Church. Baginton Road URC held
our first service on 06 February 2022. Until the new CIO is in place we shall continue to
prepare Financial Statements for each former church separately.
During the last twelve months we have met for worship each Sunday. The morning services
are family centred in their style of worship
all ages are included. We have used a
combination of modern Songs andtraditional hymns led by oursinginggroup. Sundayevening
se￿iceS are usually more meditative, quiet and thoughtful. We have formed strong
partnerships with other Christian Fellowship5 in the area especially the Belonging Church,
Hope Springs and Quinton Park Baptists. We have tried various new forms of worship- café
style worship and agenda-less worship. We have Advent and Eastercourses and several home
groups who facilitate bible studies and discussions. Womens, prayer breakfast and mens,
breakfast give more opportunity for reflections and fellowship. Our minister Revd Yvonne
Stone retired on 30 November 2022 $0 our church is currently in vacancy.
Our membership at 31 December 2023 was 71.
We have a heart for outreach and in the year have been pleased to see expansion in our
Bounce and Play toddler group, call in for coffee mornings. sing Your Heart out Group, Tea
dances, craft group and adult keep fit class. We host a weekly lunch club for the elderly and
in July had a Holiday from Home with three days of fun and activities for senior members of
the community.
Younger members enjoyed a Christmas activity day includlng a visit from alpacas. We
continue to have good relationships with l¢xal schools to support religious education. We also
have busy Scouting and Guiding groups who meet in the church centre.
We celebrated the Klng's coronation with a party, held a Burns supper, games nights, musical
concerts, cream tea, charity soup lunch for Christian Aid and Macmillan coffee mornin8. In
December we had a Christmas Bazaar which raised funds for our Church and Scout unit. We
also hosted a Knitted bible exhibition which raised funds to replace parts in the community
defibrillator.
All church users are required to adhere to statutory child protection regulations and key
voluntary helpers who care for children have been DBS checked. There is a designated Child
Protection Officer.
During 2023 the members and friends of West Orchard raised £5,002 which has been passed
on to 12 different charitable causes shown in note 10 of the report and accounts.
The majority of the events and activities are organised and run by volunteers and rely on the
efforts of a numberof willing people. The commitment ofthese members and friends of West
Orchard is a particular strength of our Church. These people work tirelessly to promote
Christian values and to minister to the community in order to benefit individuals and society
as a whole.
Page 15

FINANCIAL REVIEW
In the year ended 31 December 2023 the Charity had an overall deficit of £64,285 (2022 had
a deficit of £193,174). These figures are after accounting forthe movement in the unrealised
gain on investment which was a gain of £69.755 in 2023 and a loss of £100,746 in 2022. The
doficit for church ODerations before taking account of the movement in the value of the
investment was a deficitof £134,040 in 2023 and a deficit of 92,428 in 2022. Income increased
in the year but costs increased by more resulting in this higher deficit.
The total reserves of the charity at 31 December 2023 were £844.875 12022.. £909,1601.
Movements on the various funds making up the result for the year were as follows-
Incre05e/
(decreosej
852
168,5861
3,449
164.2851
At 31 Dec 23
9,854
830,864
4,147
844,875
At 31 Dec 22
9,002
889,450
708
909,160
General Fund
Designated Funds
Restritted Funds
Total Reserves
General Fund
Income to the General Fund was £90,045 which was £3,379 lower than in 20221£93,424}.
2022 had included an insurance clalm for loss of earnings due to Covid of £9,416 so 2023
income fell as there was no insurance claim in this year. Excluding this, other income rose by
£6,037 in the year due to higher room bookings. property rental and pulpit supply reclaim
from synod, offset against lower free will giving. donations and fund raising.
Expenditure was £120.943 which was £5,055 more than in 2022 {£115.8881. This rise was due
to higher energy costs and staffing costs which included the cost of the caretaker recruited in
Nov 22 forthe whole of 2023. Ministerial and manse costs stopped in 2023 duetothe vacancy
and we were able to reclaim council tax as the manse was unoccupied.
The trustees approved a transfer of £50,C￿0 from the Legacy Fund to the General Fund to
coverthe deficit for the year and add to the 8eneral reserves.
Designated Funds: There are six Designated Funds (note 17 in the accounts) which had an
overall decrease in the year of £68,586 12021 had a decrease of £191.8771. The most
significant change was a swing in the unrealised gain on investment. This has had an increase
of £69.755 in 2023 against a reduction in valuation of £100.746 in 2022.
l. Property Fund
Movement +£7,539
£20.CKJOwas transferred from the General Fund and an energy efficiency grantfrom Synod of
£24,343 was received againstthe cost of new boilers. £55,562 was transferred from the legacy
fund to cover the net cost of boilers and new roof on the bungalow. Main expenditure was
£70.625 on boilers, £9,280 on new bungalow roof and £5,585 on new circuit board and
emergency lights. Other repairs were £7,766 in the year. The balance on the fund stands at
£20.726 at 31 Dec 2023.
Page 16

2. Youth Fund
Movement-£89
Donations from coffee in church are set aside for young people's projects. activity days and
outings. The balance on the fund at 31 December 2023 was £773.
3. Legacy Fund
Movement-£105,562
This fund was set up in 2014 on the receipt of a legacy of £1,296,51J). £292,650 was
tran5ferredto other Church funds in 2014 leavinga balance of l.QM)3.850to be spent on major
projects as decided by church meeting. In 2023 £50,000 was transferred to General reserves
of the charity and £55,562 transferred to the property fund. The balance at 31 December
2023 was £500,146.
4. Mlssion, Outreach and Worship Fund
Movement-£39,325
This fund was created in Dec 2018 by transfer of £200,000 from the Legacy Fund to cover the
salary and general costs of a Mission Outreach and Worship leaderfor a five year period. The
balance on the fund at 31 December 2023 was £24.996.
5. Unrealised Gain on Investment
Movement £69,755
In 2016 £500.000 was invested in a CCLA Ethical Investment fund. The investment was valued
at £779,954 at 31 December 2023 giving an unrealised gain of £279,954 {valuation was
£710,199 at 31 December 20221. The unrealised gain rose by £69,755 in the year. Any gain
will only be realised on the sale of the investment.
6. Lunch Club
Movement -£904
This fund records all receipts and costs of the Lunch club which serves a meal each week to
senior members of the community. A donation to church funds of £1,750 was made in the
year. The balance on the fund was £4,269 at 31 December 2023.
Restricted Funds
The balance of £1,490 in restricted funds relates to monies collected but not yet paid to other
charities at the year end. The manse was vacated in Dec 22 and temporarily rented from May
23. A restricted fund was set up to hold the rental income less all costs related to the manse.
The balance at 31 December 2023 was £2,667. Total restricted funds at 31 December 2023
were £4.157.
Reserves Policy
The aim of the Trustees is to achieve unrestricted 8eneral funds. which are the free reserves
of the charity. at a level which will sUPPOrt the day to day running costs of the church for a
period of three months. At 31 December 2023 the unrestricted reserves were £840,718.
This report was approved by the Elders, Meeting and is signed on its behalf by P Luckett
as Church secretary.
Page17

West Orchard United Refonned Church
Ststsment of financial activltss for tho ygar 6ndod 31 Dgwnber 2023
Unrestricted funds
General
Designated
2023
2023
Restricted
funds
2023
Total
funds
2023
Totsl
fvnds
2022
Note
Incomlng re80Ufce8
Incoming resources from generated funds
Voluntary Income
Activities for generating funds
Investment income
Income from charitable activrties
Other Income
36,643
18.514
32.328
5,784
42,427
18,514
41,569
4,649
26,903
57,892
13,455
28,461
5,567
9,241
4,649
24,343
2,560
Total incoming resourc88
90,045
28,992
15,025
134,062
105,375
Resourcgg expgnded
Costs of generating funds
Charitable activities..
URC Ministry & Mission Fund
Direct ministerial costs
Costs of Church activities
Donations made
1.817
418
2,235
6.928
39,256
{8421
78,370
2,342
39,256
12,1501
221.417
7.344
41,484
3,885
135,100
10,406
{1,3081
136,473
6,574
5,002
10
Totsl rosources gxpended
120,943
135,583
11,576
268,102
197,803
Net incoming I (outgoing)
resources before transf6Ys
{30,8981 {106,591}
3,449
1134,040}
192,4281
Unrgalised galn Ilossl on Investmonts 11
12
69,755
69,755
1100,7461
Gross tran8fvr8 botweon fvnds
31,750
{31,750)
Not movemgnt in funds
852
68,586
3,449
64,285
193,174
Reconclllatlon of funds
Fund balances brought forward
at 1 January
Net movement In fund$
Total funds carried forward
708
909,160
{64,2851
844.875
1.102,334
1193,1741
909, 160
9,002
852
899,450
168,586}
830.864
3,449
4.157
9.854
Page 8

West Orchard United Refomied Church
Balancg sheot as at 31 December 2023
Unrestricted funds
General
Designated
2023
2023
Restn"cted
nds
2023
Total
funds
2023
Totsl
funds
2022
Note
Fixod assots
Tangible assets
Investments
1c
779,954
779,954
710.199
779,954
779,954
710,199
Current assgts
688
42,146
66,527
932
5,675
202,013
Debtors
Other debtors
8ank and cash balances
13
688
42,146
11.460
14
50,910
4,157
54.294
50,910
4,157
109,361
208,620
Less current liabilltles:
Creditors - amounts
falling due wrthin one year
Net current assets
15
144,440}
9,854
144,440)
64,921
{9,659)
198,961
50,910
4,157
Total nat assets
9,854
830,864
4,157
844,875
909.160
Represèntod by .
Charftsble fund8
4,157
708
Rostrlcted Funds
16
4.157
Unrgstrfctgd funds
Designated
General
17
830,864
830,864
9,854
899.450
9,002
9.854
Totsl fundo
9,854
830,864
4,157
844,875
909,160
Approved by the Chur¢h AGM heid on 17 July 2024 and signed on ils behalf by the Treasurer and Chair of the meeting
Signed
Signed
Treasurer
Chair
Page 9

West Orchard United Refomied Church
Notes to tho accounts for the year ended 31 Docgmbor 2023
Note
Accounllng pollci06
Basis of accountlng
The financial slalements have been drawn up in accordance wtth applicable accounting slandards.The
financial statements have been prepared in accordance with the Statement of Recommended Practice..
Accounting and Reporting by Charities ISORP 20051 issued by the Charity Commission in March 2005,
and the Unrted Refomied Church guidance. The accruals basis of accounting has been adopted and the
principal accounting policies set out below are applied Gooststenlty.
la
1b
Fund a¢counting
Unrestrictod funds are available for use al the discfetion of the Church in furtherance of its charitable
objectives.
Dosignated funds derive from a decision by the Church to allocate part of our general fund monies into
funds for a specific purpose. The decision to create a designated fvnd can be reversed at any lime, wrth
the return of some or all of the batancelsl to general funds.
Restricted funds are subjected to restrictions on Iheif expenditure imposed by the donor. or contained
in the lemis of a grant. These monies are not at the disposal of the Church Meeting.
Tanglblg flxed a8sgts
Freehold propeity: The Church. manse and bungalow (currently lenantedl buildings are vested in
the Unrted Reformed Church Iwest MKllandsl Trust Limited and fomi no part of the assets of the Church.
West Orchard is however responsible for maintenance and upkeep. and writes off all such expenditure in
the year il is incurred. Revenue can be earned and retained by West Orchard these assets.
Equipmont: All equipment purchases are written off in the year of purchase.
1d
InGoming resources
All voluntary giving is included in the financial stalemenls for the period in whith il is receNed. Donations
under gift aid plus the associated tsx recovery are recognised as income when the donation is received.
Legacies are a¢counled for when their re￿Ipt is certain and can be prOpe￿Y quantified. All other income
is generally recc*Jnised when it is receivable.
Resources oxpgnded
Resources expended are recognised in the period to Wh￿ they are incurred and include allributable
VAT which Gannol be recovered. They are allocated to the particular activity to which they relate.
Governance costs represent direct expenditure on the governance of the Church, including the product￿1n
and independent scrutiny of these financial stslements. As most of the govemance, management and
activities of the Church are carried out by volunteers. this intangible cost is not included in the financial
statements as this voluntsry contribution lo the life of the chureh is incalculable.
le
1f
Taxation
A5 part of the Un>tsd Refomied Church, the Church is an excepted chanty within the meaning of the Taxes
A¢ts. Accordingty it is potentially exefflpt from taxation in respect of income and capital gains received to
the extent that such income or gains are applied to exclusively chartsble purposes. No provision for
taxation has been made in these financial statements.
lg
Investments
Investments are stated at their market value as detemiined by our Invesbnenl advisors. Any revaluation
gain or loss is taken to the Statement of Financial Activities. Unrealised gains are held in a revaluation
reserve until the gain is realised.
Page 10

West Orchard United Refornied Church
Notes to the accounts for tho year ondgd 31 DBcembgr 2023
unresth.cted fvnds
General
Design8ted
2023
2023
Restrict
Total
funds
2023
Totsl
fijnds
2022
2023
Note
Note
Voluntary Income
Envelope5 and standing orders
Cash
Special collections
Tax refunds under gift aid
Donations received
Insurance claim
Volunlary In¢ome
22,533
3,596
22,533
3.596
4,780
7,811
3.707
25,742
3,487
5,244
8,559
5.444
9,416
57,892
4,780
6,807
3,707
23
36,643
5,784
42,427
Activitios for generating funds
Use of rooms
chU￿h fund faising events
Fairtrade sales
Other income
Activities for generating funds
16,270
1,310
16,270
1,310
9,737
3,294
424
934
18,514
934
18,514
13,455
Investment InGomg
Bank Interest
CCLA Investment Inwme
Property rental
Investment income
1.618
22,310
8,400
32,328
1,618
22,310
17,641
41,569
903
22,311
5,247
28.461
9,241
9,241
Incomo from charitablg activities
Chur¢h events
Exercise classes
Lunch Club Income
Income from charitable activities
317
802
317
4,332
4,649
4,332
4,649
4,765
5,567
Costs of generating funds
Church events fund raising
Bungalow insurance
Bungalow maintenance
FairTrade purchases
1,525
292
1,525
292
418
2,194
264
3,904
418
Costs of generating funds
1,817
418
2.235
6,928
URC Mlnistry & Mlssion Fund
The church contllbules lo the central URC costs of training and providing ministers {induding the
cenlr81ised payrnent of stipends, pension conributions and other benefits for minislersl, running the
denomination, and the wider mission of the national church. This annual budget amounts lo some
£22 million, 83% of which Telates to ministry Costs. and 93% is provided through the Ministry & Mission
contributions from churches.
Page11

West Orchard Unlted Refomied Church
Notes to the aceounts for th& year endgd 31 Decomber 2023
Unrestn'cted funds
Gener81
Designated
2023
2023
Restricted
funds
2023
Total
funds
2023
Tol81
funds
2022
Note
Note
Dirg¢t ministsrial costs
Mini5tels fixed car allowance
Ministerfs travel costs
Mini%lerfs telephone
Minislerfs books and training
Manse Water
Manse council tax
Manse maintenan
Direct ministerial costs
Costs of Church activitles
Worship. prnise and teaching
Pulpit supply
Music
Worship costs incl flowers
Junior Church
Children Adivty Days
Cards & communication
Church events
Subscription
Children & Famity Work
819
157
644
100
191
1,793
181
3,885
11481
(6941
{1481
1694)
1,308
2,150
1.308
1,308
2,280
2,280
1,546
1,090
62
406
1,022
1,977
489
39,325
48.197
1,120
1,744
1,276
30
1,090
406
1,022
1,977
489
1,561
3,274
527
37.167
47.660
39,325
39,731
8,466
othgr programmos
TTaining
Lunch Club costs
Exercise class costs
Other costs
3,486
3,486
3,083
258
131
3.472
124
124
124
3.610
3,486
Church property costs
Direct cleaning costs
other cleaning costs
Electricity
Gas
Water rates
Insurance
Maintenance
8,719
1,819
306
11,486
1,828
5,694
29,512
59,364
2,834
2,561
18,391
1,486
6,160
2,834
2,561
18,391
1,486
6,160
99,830
131,262
24
93.256
93,256
6,574
6.574
31,432
Admlnlstratlon
Stsff Costs
Photocopy I print costs
Paper & Stationery
Rent of photocopier
Church telephone & WiFi
Legal & Piofessional fees
Administration
34.038
490
902
439
1,761
718
38,348
34,038
490
902
439
1,761
718
38,348
18,207
876
1,226
439
1,730
2,126
24,604
Costs of Church activities
,47
6,574
21.4
35,1
Page 12

West Orchard United Refornled Church
Notes to the accounts for the year ended 31 December 2023
unrestn.cted fvnds
Generdl
Designated
2023
Re$tn"cted
funds
2023
Total
fvnds
2023
Totsl
funds
22
Note
10
Donations madg
Carriers of Hope
Christian Aid
Coffee Tots
Commitment for life
Coventry Boys & Girfs club
Coventry Crty Mission
Coventry Food Bank
Coventry Refugee & Migrent cent
Coventry Youth for Christ
DEC Turkish earthquake Appeal
Guide$ I brownies
Hardship fund
Hope Coventry
Leprosy Mission
Macmillan Cancer Support
Myton Hospice
Open Doors
Other
Pancreatic Cancer
Royal British Legion
Salvatson Army
Scouts
Sl Andrews House
Sl Francis Employ Support
TEN
Tiny Tim's
URC silence
Zoe's Place Trust
350
346
900
1,268
402
402
1,356
1,356
250
1,322
423
250
1.000
200
322
223
514
156
308
300
1,7C6
400
20
300
300
243
243
100
100
180
1,471
180
1,471
1.522
387
304
304
22
241
241
60
214
95
350
400
350
308
130
130
200
200
70
70
250
20
250
20
20
492
Donations made
2,342
10,406
Page 13

West Orchard United Refomied Church
Notss to the accounts for the year ended 31 Dec•mber 2023
Unrestricted
nds
General
Designated
2023
2023
Restrictsd
fvnds
2023
Total
funds
2023
Totsl
funds
2022
Note
Investments
Market Value 2131 December 2022
Additions in year at cost
Nel gain I (loss} on revaluation
Market Value at 31 December 2023
£SCIJ.000 was invested in 259,121.06 units in COIF Chanty Ethical Investment Fund CCLA in 2015.
The market Value of the investment at 31 December 2023 wa5 £779.954
710,199
710,199
810,945
69,755
779,954
69,755
779,954
100,746
710,199
12
Gross transfers botwggn funds
Legacy to General Fund
Legacy to property Fund
Property Fund
Lunch CSub
To General Fund
50,000
150,000)
155,5621
75,562
1,750
31,750
{20.000}
1,750
31,750
13
Debtors
Tax recoverable under grft aid
Debtors
688
688
688
688
932
932
14
Bank and cash balancgs
CAF Bank Current Alc
CAF Bank Gold AJC
Shawbrook Bank
Bank and cash balances
Creditors - amounts
falling due withln onè yoar
utilities
3,384
63,143
2,013
20.000
180.000
202,013
8,412
50,666
4,065
11,796
50,666
4,065
66,527
15
44,440
44,440
9,569
16
Rfjstrlctod Funds
colleth.ons
246
5.784
Dementia
462
Manse
Toial
708
5,784
9.241
15,002)
16,5741
1,431
6,384
Voluntary Income
Rental Income
Donations made
Maintenance costs
Transfer to General fund
9,241
{5,002)
16,8491
(6,574)
258
708
1,028
462
2,667
4,157
The Church operates three restricted funds. Each financial year appeals are made for a variety of causes
or organisalions of a ¢harilable nature. Payments from this fund match the sums received under the appeals.
However, as some appeals cross the year end, 2nd there are usually a number of ¢olleclions over Christmas
there are nomially balances at the end of any financial year. Balance al 31 Dec 23 was £1028
A £500 donation received in 2017 spcified it be used for dementia projects. Balance at 31 Dec 23 was £462
Manse was vaGataed in Dec 22 and is being rented whilst unoccupied by minister.
Page 14

West Orchard Unlted Refonned Church
Notes to the a¢¢ounts lor th• year end•d 31 Decomber 2023
Balanlz ot
Unrealised Transfers {tol I
31
Gain on
from General De￿mber
Investment
Fund
2023
Balance at
01 Jan8ury Receipts in Payments in
2023
the Yeaf
the Year
17
Designated Funds
Property Fund
Youih Fund
Legacy
Unrealised Gain on Investment
Lunch Club
Mlssion, Outreach. Wofship fund
13,187
24,343
317
(92,3861
14LKI
75,562
20.726
773
1105,562) 500,146
279,954
4,269
24.996
605,708
210,199
5,173
64,321
69,755
4.332
13,4861
139,3251
1135,583
11,750)
Total
899,450
69,755
31,750
830,864
Tha Church operates 8i% des￿nated funtls with the approval of Church Meets"ng.
The property fvnd maintalns all Church propety and meets propeity related running costs. By (leeision
of a previous AGM. all histori(xl balanw plus the annualty agreed IransfeT from general fvnd, and any
doslgnated donalsons, are available to the Church's Management Committee to meet the objectives of
the fund. This approach allows the committse to Opgrate with fA)nsiderable Ireedom of budget devolution
from Church Meeting, pemiittsng the c¥)mmittee lo plan operats)ns on a longer term basis.
The Youth Fund rwNes donations from the church speaficalty for Projeds for young people.
11 also ac£ounls for the receipts and payments assowted with the children's adivty days and summer
holiday club and retains any surplus made.
The Legaey Fund was created in 2014 upon the feceipt of a legary of £1.2￿,500 from a Churd) member
Chufth Meeting agr88d to sel aside 10% ofthe legacy in the Watter Hope Fund to be di51ributed to good causes
Funds were all distributed by Dec 2017 and the Watter HO￿ Fund wa$ (*)sed. Church Meeb'ng agreed that 10%
of Investment In￿Me e8th year be donated to charilws. as receommended by Elders.
Investment in Churth buildings has lurther r9duced the fund and the balance has boen invested to
provKle an Trncome stream for the c*uith.
Revoulatlon rèserve. Unrealised gains on Investments a￿ held in a RevaluatK)n Reserye account
and wll only be reali%ed on the Sale of the investment
Lunch Club provK1es a course ￿nch e8ch week for senKJr membws of the conyregation and the (Xmnmunty.
A donation is made lo the church and the bala￿e offvrMJ$ are held In the Designated Fund.
mI￿lon. Wornhlp and Outr¢aeh Fund was ugated in 2018 afier Church Meeting approved recrurtment of
a MissK)n, Outreach and Worship Leader and £21XJ.OLXI was set aside from the Legacy to fvnd salary and
project costs for ffve year period.
Page 15

West Orchard United Reformed Church
Notes to the accounts for Ihg year ended 31 December 2023
2023
2022
Note
18
Staff costs and trustees expenses
Salary costs
70,322
52,057
Al 31st December 2022 the Charity has 4 employees
No employees had emoluments in excess of £60,000
Employee numbers
Average number of FTE employees {based on 37 hour weekl
19
Trustees
The Church is a registered as a charity the Charity Commission and the seNing Elders of the Church
with the Minister are the registered Trustees. The minisler retired on 30 Nov 22 and the ¢hurch 15 currently
in a vacancy period.
No sums were reimbursed to the Irustee$ for their work as trustees
b}
While travel and other expenses may be paid lo trustees related to various needs of the Church, none
of these payments relate to their duties as trustees.
20
P¢n81ons
The minister is employed by the National Church and pension conlributsons and arfangemenls are dealt with
through that arrange[r￿t. The Church operates a Wofkplace pension scheme with NEST which has 3 members
21
Contingont liabllty
There are no material Gontingent liabilities.
22
Postthlanco sheet events
At Church meeting on 05 December 202111 was agreed that West Orchard URC would unite with
Warwck Road URC. The new Church will be known as 8aginlon Road URC and a new CIO will be
set up in 2024 and the asset of both charities transferred to the new Charity.
Page 16

West Orchard United Refomied Church
Notes to tho accounts for the year end9d 31 Docembor 2023
Unrestricted fvnds
General
Designated
2023
2023
Restricted
frjnds
2023
Total
funds
2023
Total
funds
2022
Note
23
Donations recelved {detalled analysis of part of noto 2)
Scout group
1,290
Guides
360
Jam
Funerals I Weddings
Flowers
Tea Dance
Other Donations
1,290
360
1,680
320
42
910
335
705
1,452
300
340
750
633
300
340
750
633
3,707
3,707
Maintenance and major rgpairs {items > £1.0001
Electric Gircuit boards
Emergency lights
Bungalow roof
New Boilers
Manse redecoration I refurb
Refurbish Office
BRURC Signage
Smal Hall decoration
Electric Healers
Garden Care
Water heater repair and replace
Redevelopment plans
Other Repairs and Equipment
4,565
1,020
9,280
70,625
4,565
1,020
9.280
70,625
3.866
4,775
3.525
3,068
1,000
3,327
1,462
3,384
8.971
7,766
2,708
10,474
Total Propgrty Malnt8nan¢•
93,256
6,574
99,830
29,512
Page 17

West Orchard United Reformed chU￿h
Nrte8 to th8 xcounts lor the year endod 31 Do¢embor 2023
kndependgfit•x•mlnof¥ report
I rew)rt on the financial statements of 1st Or¢hard URC for the Y￿ ended 31 DKember 2023, are
set out on pages io to 19.
Respectlve fasponslblMte•
The Church is reS￿nS￿le for the preparatth ofthe fmncial ststeff￿nts, and wisKlers that the aud6t
requirement of Section 43(21 of the Charilies Ad 1993 (the Ad) does not ap￿y. It 15 my responsibilty to
state. on the basis of proc*Jures sF*cfvd in the general directions given ty the Charty Commlsskyiers
urtd8r 43(7)(b) of the ACL Ythether Parti￿lar matters have come to my attention.
Basls ol Indepe￿t Examlnorfs r•port
My examinal*Jn was carr￿$ out in aC¢Ordan￿ with the gwral dwacions of the Charity Commissk)ners.
An examination incith a review of the a¢counling reths kept by the Churth and a rA)mpwison of tr
nts presented thrtse records. It also includes consideration of any unusual items or disclosu￿$
iwie financ￿1 statements, ano See￿"ng explanations t￿r￿MIng any such matters. The proc8dures
undertaken th) flot provide all the evidentE thai would te required in an audit and consequently I do
not express an a￿lIt opinton on the View given ty the financial statements.
Independont Examlnefs ¥tat•nont
In connection with my examinat￿ of the Church funds, nothing came to my attention whiGh gave me cause
to believe othep*i8e than that the financial statements accord wlth the accounting records of the Church, and
that those rec￿ts saltsfied the requiren*nts of the ACLI am not aware of any matter to wthich al￿tiaft
shoubJ be drwwn in order to enable a proper understsndiNJ ofthe finan¢i81 St*M￿ to be read￿d.
Slgned by the l￿pendeftt Exam1r￿.
Diana Grain
clo Rugby Unrted Refomied Church
40 Hillmrton Road
Rugby
CV22 SAD
Page 18