Shanklin United Reformed Church Charity Annual Report and Financial Statements for the Year
Ended 31 December 2021
Shanklin United Reformed Church Charity Annual Report for the year ended 31 December 2021
Administrative Information
Charity Number 1130459
Shanklin URC is situated in the High Street in Shanklin town centre, on the corner of Landguard Road. The building and the manse are held in trust by The United Reformed Church (Wessex) Trust Limited.
The Elders of the Church who have served from 1 January 2021 until the date this report was approved are listed below. The Annual Church Meeting was not held until July due to Covid restrictions, and the exiting team continued to serve. New elders were then elected:
| Minister | Rev Brian Harley |
Chairman |
|---|---|---|
| Elected | Elders Mr Peter Dawson | |
| Ms Lou-Rosanna Jupe | ||
| Mr Alastair Rye | Until July | |
| Miss Carole Smith | Stood down in September | |
| Mrs Yvonne Sparks | ||
| Mr Malcolm Stevens | Until July | |
| Mr Colin Tamcken | Until July – but remains as Treasurer | |
| Mr Robin Wightman | Secretary | |
| Miss Carol Williams | Until July | |
| Miss Sheilagh Courtnage | Elected in July | |
| Mr David White | Elected in July | |
| Mr Roy Wilson | Elected in July |
Structure, Governance and Management
The Elders Meeting operates under the Basis of Union and the Manual of the United Reformed Church. The Elders are elected from among the Church Members in accordance with the Constitution of Shanklin United Reformed Church. Monthly Elders meetings have continued on Zoom and Members Meetings have been held in person with a Zoom facility for others to connect.
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Objectives and Activities
The Elders Meeting exercises oversight of the spiritual life of the local church. Church Members’ Meetings are held usually held six times a year but only recommenced in July. The Church Vision Statement reads:
Our aim is to build up a lively Church as an effective witness to Jesus Christ in the community and to provide a central and flexible resource for all ages and abilities.
The church is part of the Isle of Wight URC Group alongside the congregations at Freshwater and Ryde, though they have remained as three separate churches served by the one ordained minister. He continues to work 75% of the time for Shanklin and 25% for Ryde, while also giving oversight to the fellowship at Freshwater Bay until it closed at the end of 2021 .
Achievements and Performance
At the end of 2021, the membership of the church stood at 87. Two members have died, and three have been removed from the role having moved away or ceased to attend worship. Eight new people received into membership with some baptisms celebrated on the beach.
Church life was significantly affected by the global pandemic with services again being held online during periods of lockdown. Live streaming began when regular meetings were resumed and a number of people continue to connect that way as they were not ready to return in person.
Charity Number 1130459
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Shanklin United Reformed Church Charity Annual Report for the year ended 31 December 2021
The Tuesday Bible Bite has continued each week and is also now live streamed. A weekly information sheet, with notes on the Sunday theme, was distributed every week by email and by hand or post to those not online.
Great care has been taken to maintain a safe environment, following government guidelines and advice from the wider URC. Various people have been involved in leading worship and developing the technology through Zoom and live streaming. The CatURpillars toddler group began to meet again in May with two shorter small sessions. It then opened fully on Fridays from September and has been very popular. Messy Church was offered online and then through hybrid sessions with most families attending in person. Separate children’s sessions have not yet been resumed on Sundays as numbers have been few, but craft bags have been provided. All age services have resumed at the end of each month and plans have been made to develop the ministry to families.
Members have been very generous in supporting our work over another challenging year and have continued to get behind wider mission including helping our partner church and its school in Uganda, IW Youth For Christ and Street and School Pastors. There has also been additional big-hearted giving for the school in Uganda and the local Foodbank at Harvest, and the work of Mercy Ships at Christmas.
Financial Review
The covid pandemic and the accompanying restrictions has continued to affect the activities and finance of the church.
The General Fund is used for the day to day running of the Church and associate activities and the accounts show the offertory income (and the tax reclaimed on it) totalled £59,536 this year, which is £4,106 up on last year (£55,430). We are extremely grateful to our regular congregation who have continued to support us financially.
During the year we have returned to in person services and are again taking a collection in the services, however we have still not been able to take full advantage of the Gift Aid Small Donations Scheme (GASDS) again this year. We would normally claim the full £2,000 available under this scheme each year but during 2021 we have claimed £1,112, this is however an improvement on the £140 claimed in 2020.
During this year we received a legacy of £14,412 which means the General Fund has a cash balance at the year-end of £27,637 (last year £11,308).
The Youth Worker Fund stands at £9,274 at the year end, the same as last year. We are still considering the best way to move forward with the youth work.
The Maintenance Fund stands at £6,773 at the year-end (last year £8,227). As we stated last year there was still some redecoration work to be done (the entrance lobby, office, bookshop etc) while some of this was done during the year, the final work should be completed in 2022. We are continuing to transfer £200 per month from the General Fund to the Maintenance Fund as a provision towards the ongoing maintenance of the Church.
For some time it has been the Church's policy that, funds permitting, we would make donations of at least 10% of the Offertory given to the General Fund (including any Tax Reclaimed). These donations would be made to other charities or individuals as agreed by the Church Meeting. This year we have made gifts of slightly less the 10%, additional giving will be made this year to cover this.
Charity Number 1130459
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Shanklin United Reformed Church Charity Financial Statements Year Ended 31 December 2021
Treasurers Statement
I have prepared the financial statements on pages 4 to 11 for the year ended 31 December 2021.
……………………………………….................................................…………………… Colin Tamcken
Date ………………………………….
Independent Examiners Report
I report on the financial statements of Shanklin URC for the year ended 31 December 2021, which are set out on pages 4 to 11.
Respective responsibilities
The church is responsible for the preparation of the financial statements, and considers that the audit requirement of Section 43(2) of the Charities Act 1993 (the Act) does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under Section 43(7)(b) of the Act, whether particular matters have come to my attention.
Basis of Independent Examiner's report
My examination was carried out in accordance with the General Directions of the Charity Commissioners. An examination includes a review of the accounting records kept by the church and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking
explanations concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the financial statements.
Independent Examiner's statement
In connection with my examination of the church funds, nothing came to my attention which gave me cause to believe otherwise than that the financial statements accord with the accounting records of the church, and that those records satisfied the requirements of the Act. I am not aware of any matter to which attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
Signed by the Independent Examiner: ………………………………….....................…….. Date: ………….........………..
Name and address of the Independent Examiner:
Authorisation Statement
The Annual Report and Financial Statements on pages 1 to 11 were approved by the Shanklin URC Church Meeting on ………….............................……and signed on its behalf by
Name………………………………………………............….. Signature................................................................................
Charity Number 1130459
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Shanklin United Reformed Church Charity Statement of Financial Activities for the Year Ended 31 December 2021
| Notes Income Offertory Cash Gift Aid Tax reclaimed Other Income Bookshop Shanklin URC Youth Dividends and Interest Miscellaneous Caturpillars Grants Total Income Payments Ministry & Mission Fund Bookshop Shanklin URC Youth Manse Church Donations 6 Miscellaneous Caturpillars Depreciation 2 Youthworker Total Payments Transfers Between Funds Net Income Fund Balances Brought Forward Fund Balances Carried Forward |
General Fund £ 16,185 34,520 8,831 14,412 73,948 1 1,627 495 76,071 37,584 2,993 10,781 5,050 3,109 0 59,517 -2,400 14,154 13,451 27,605 |
Designated Funds £ 100 200 50 0 350 43 0 0 594 987 43 0 4,204 649 4,896 2,400 -1,509 14,679 13,170 |
Restricted Funds £ 0 0 0 0 0 0 0 0 0 0 0 0 9,274 9,274 |
Total £ 16,285 34,720 8,881 14,412 74,298 43 0 1 1,627 594 495 77,058 37,584 43 0 2,993 14,985 5,050 3,109 649 0 0 64,413 0 12,645 37,404 50,049 |
2020 Total £ 25,966 38,248 9,526 1,598 75,338 1,629 0 2 2,191 472 463 80,095 36,864 1,348 25 2,900 25,921 5,990 3,145 303 0 0 76,496 0 3,599 33,805 37,404 |
2020 | ||
|---|---|---|---|---|---|---|---|---|
| Total |
The notes on pages 6 to 11 form part of this Financial Statement
Charity Number 1130459
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Shanklin United Reformed Church Charity Balance Sheet as at 31 December 2021
| Fixed Assets Current Assets Debtors Bookshop Stock Cash at bank Shanklin URC Youth Account Bookshop accounts Cash in Hand Total Current Assets Current Liabilities Agency Collections Creditors Total Current Liabilities Net Assets Church Funds General Fund Bookshop Shanklin URC Youth Account Maintenance Fund Caturpillars Fund Youth Worker Fund Total Church Funds |
Notes 2 5 Notes 3 3 3 |
General Fund £ 0 1183 27637 0 28,820 1,065 150 1,215 27,605 General Fund £ 27605 27,605 |
Designated Funds £ 1807 6873 809 2984 697 13,170 0 13,170 Designated Funds £ 4791 809 6773 797 13,170 |
Restricted Fund £ 9274 9,274 0 9,274 Restricted Fund £ 9274 9,274 |
Total £ 0 1,183 1,807 43,784 809 2,984 697 51,264 1,065 150 1,215 50,049 Total £ 27,605 4,791 809 6,773 797 9,274 50,049 |
2020 Total £ 0 2,617 1,850 28,784 809 2,941 852 37,853 449 0 449 37,404 2020 Total £ 13,451 4,791 809 8,227 852 9,274 37,404 |
2020 | ||
|---|---|---|---|---|---|---|---|---|---|
| Total | |||||||||
The notes on pages 6 to 11 form part of this Financial Statement
Charity Number 1130459
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Shanklin United Reformed Church Charity General Fund Statement for the Year Ended 31 December 2021
General Fund
Receipts
Payments
| Notes 2021 2020 Offertory - Cash 16,185 17,706 - Gift Aid 34,520 30,198 Tax Reclaimed 8,831 7,526 Legacy 14,412 0 Bookshop Donations 0 1,150 Link 0 20 Catering 0 428 Weddings 0 0 73,948 57,028 Dividends and Interest Investments 0 0 Bank Interest 1 2 1 2 Miscellaneous Photocopying/Tapes 0 0 Ryde URC Expenses Contribution 1,323 1,385 CBB's 0 150 Fellowship Lunch 0 568 Freedom in Christ Books 0 10 Other 304 78 1,627 2,191 Grants Other Grant 0 0 Manse Repairs Grant 495 463 495 463 Transfers Between Funds 0 0 Total Receipts 76,071 59,684 Net Income - General Fund 14,154 -3,693 |
Ministry & Mission Fund Manse Water Insurance Council Tax Maintenance Church Electricity Gas Water Insurance Maintenance (Garden) Piano Tuning PA/Projection Expenses Cleaning Mileage/Travel costs Fixed Car Allowance Post and Telephone Donations Donations Made Miscellaneous Audit Pulpit Supply Copyright Licence Office Requisites Photocopier Teaching Materials Catering Messy Church Fellowship Lunch Other Transfers Between Funds Transfer to Maintenance Fund Depreciation Total Payments |
Notes 2021 2020 37,584 36,864 426 489 0 0 2,057 1,948 510 463 2,993 2,900 1,397 1,339 380 863 180 225 4,424 4,291 0 0 0 0 1,117 1,850 790 560 578 698 1,366 1,366 549 886 10,781 12,078 5 5,050 5,990 0 0 225 340 913 945 341 89 1,184 846 311 180 0 0 72 0 0 581 63 164 3,109 3,145 2,400 2,400 2,400 2,400 2 0 0 61,917 63,377 |
|---|---|---|
| 5 2 |
Charity Number 1130459
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Shanklin URC Bookshop Profit and Loss 1st January 2021 to 31st December 2021
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Sales | 43 | 1,629 | |||
| Opening Stock | 1,850 | 1,587 | |||
| Purchases | 0 | 456 | |||
| Less closing stock | 1,850 1,807 |
43 | 2,043 1,850 |
193 | |
| Gross Profit | 0 | 1,436 | |||
| Expenses | |||||
| Bags/labels | 0 | 0 | |||
| Staff | 0 | 0 | |||
| General Expenses | 0 | 5 | |||
| Postage & Stationery | 0 | 0 | |||
| Shop Maintenance | 0 | 0 | 0 | 5 | |
| Less: Donations to General Fund | 0 | 1,150 | |||
| Net Profit | 0 | 281 | |||
| Bookshop Assets | |||||
| Stock | 1,807 | 1,850 | |||
| Current Account | 2,954 | 2,911 | |||
| Cash in Hand | 30 | 30 | |||
| 4,791 | 4,791 | ||||
| Shanklin Designated Fund Statement |
URC Youth for the Year |
Account Ended 31st December 2021 |
| Receipts Basement Café Transfer from General Fund Other Receipts Compasion Total Receipts Payments Basement Café Costs Trips Out Resources Compassion Miscellaneous Net Income/Deficit Youth Accounts Cash in Hand Cash at Bank |
0 0 0 0 0 |
0 0 0 0 0 0 0 0 809 809 2021 |
0 0 0 25 0 |
0 0 0 0 0 25 -25 0 809 809 2020 |
|---|---|---|---|---|
Charity Number 1130459
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Shanklin United Reformed Church Charity Designated Fund Statements for the Year Ended 31 December 2021
Maintenance Fund
| Receipts Gift Day Donation - Cash Gift Day Donation - Gift Aid Tax Reclaimed Transfer From General Fund Net Income/Deficit |
2021 2020 Payments 100 8,260 Fire/Intruder Alarms 200 8,050 Boiler Servicing Etc 50 2,000 Other Repairs Building Work Asbestos Survey 2,400 2,400 2,750 20,710 -1,454 6,867 |
2021 2020 448 191 240 180 1,008 696 2,508 12,236 0 540 4,204 13,843 |
|---|---|---|
Caturpillars Fund
| Receipts Subscriptions Donations Other Income Net Income/Deficit |
2021 2020 Payments 494 472 Food/Drink 0 0 Equipment 100 0 Stationery Craft Materials Donations To Shanklin URC (Gen Fund) 594 472 -55 169 |
2021 2020 482 92 0 70 0 10 0 0 85 55 82 76 649 303 |
|---|---|---|
Shanklin United Reformed Church Charity Restricted Fund Statements for the Year Ended 31 December 2021
Youth Worker Fund
| Receipts Donations - Cash Donations - Gift Aid Tax Reclaimed Grants Received Net Income/Deficit |
2021 2020 Payments 0 0 Misc Expenses 0 0 Travel Costs 0 0 0 0 0 0 0 0 |
2021 2020 0 0 0 0 0 0 |
|---|---|---|
Charity Number 1130459
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Shanklin United Reformed Church Charity Notes to the Financial Statements Year Ended 31 December 2021
1 Accounting Policies
1a Basis of Accounting
The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP 2005) issued by the Charity Commission, and the United Reformed Church guidance. The accruals basis of accounting has been adopted and the principal accounting policies set out below are applied consistently.
1b Fund Accounting
Unrestricted funds are available for use at the discretion of the church in furtherance of its charitable objectives. Designated funds are unrestricted funds that have been set aside by the church for a particular purpose. Restricted funds are subjected to restrictions on their expenditure imposed by the donor, or contained in the terms of a grant.
1c Tangible Fixed Assets
Freehold property: The Trustees of the church and manse buildings are the URC Wessex Synod Trust . Expenditure incurred on the church and manse is written off in the year it is incurred.
Equipment: Depreciation is provided at the following annual rates calculated to write off assets over their estimated useful lives: Fixtures and Fittings
Coffee House Equipment 20% straight line (over 5 years) Other - Furniture Etc 10% straight line (over 10 years)
1d Incoming Resources
All voluntary giving is included in the financial statements for the period in which it is received. Donations under Gift Aid plus the associated tax recovery are recognised as income when the donation is received. Legacies are accounted for when their receipt is certain and can be properly quantified. All other income is generally recognised when it is receivable.
1e Resources Expended
The URC Ministry & Mission Fund contribution is paid regularly and is included in the financial statements for the year to which it relates.
Resources expended are recognised in the period to which they are incurred and include attributable VAT which cannot be recovered. They are allocated to the particular activity to which they relate.
As most of the management and activity of the church is carried out by volunteers, this intangible cost is not included in the financial statements as this voluntary contribution to the life of the church is incalculable.
1f Taxation
As part of the United Reformed Church, the church is an excepted charity within the meaning of the Taxes Acts. Accordingly it is potentially exempt from taxation in respect of income and capital gains received to the extent that such income or gains are applied to exclusively charitable purposes. No provision for taxation has been made in these financial statements.
Charity Number 1130459
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Shanklin United Reformed Church Charity Notes to the Financial Statements Year Ended 31 December 2021
| 2 Fixed Assets | 2021 | 2020 | ||||
|---|---|---|---|---|---|---|
| Fixtures and | Fittings | Fixtures and | Fittings | |||
| Cost | ||||||
| At 1 January | 50,450 | 50,450 | ||||
| Additions | 0 | 0 | ||||
| Disposals | 0 | 0 | ||||
| At 31 December | 50,450 | 50,450 | ||||
| Depreciation | ||||||
| At 1 January | 50,450 | 50,450 | ||||
| Charge for Year | 0 | 0 | ||||
| Disposals in Year | 0 | 0 | ||||
| At 31 December | 50,450 | 50,450 | ||||
| Net Book Value | ||||||
| At 31 December | 0 | 0 |
Church - freehold valued for insurance purposes during 2021 at £8,306,232 (2020 £7,865,000)
Manse at 10 Dracaena Gardens - Insurance for the Manse is now paid by URC (Wessex) Trust Limited
The church and the manse are vested in the URC (Wessex) Trust Limited
Contents, Furniture Bookshop stock etc, valued for insurance purposes during 2021 at £178,899 (2020 £164,934)
3 Analysis of Net Assets by Funds
All funds comprise of cash held either in hand or at the bank except for the following:
| Fixed Assets Current Assets - Stock - Debtors - Cash in hand/bank Current Liabilities - Creditors |
General Fund 0 0 1,183 27,637 -1,215 27,605 |
Bookshop | |
|---|---|---|---|
| 0 1,807 0 2,984 0 4,791 |
4 Transfers Between Funds
| ransfers Between Funds | ||
|---|---|---|
| 2021 | 2020 | |
| Transfer from General Fund to Maintenance Fund | 2,400 | 2,400 |
Charity Number 1130459
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Shanklin United Reformed Church Charity Notes to the Financial Statements Year Ended 31 December 2021
5 Breakdown of Donations and Agency Collections
| Donations IW Youth for Christ Romans One Eleven Trust GEAR JCWGVA (God Pod) Street Pastors CWTIS Wight Churches Evangelical Alliance URC Wessex Trust - Zambia Appeal Persecuted Church Release International Barnabas Fund Open Doors Elam UK Offertory Giving |
2021 2020 1,200 1,200 1,500 1,750 100 500 500 500 1,000 1,000 0 40 150 150 100 100 0 250 150 200 150 0 200 150 0 150 5,050 5,990 59,536 55,430 |
|---|---|
| Agency Collections Romans One Eleven Trust Christian Aid IW Foodbank Christmas Appeals Mercy Ships Operation Mobilisation - 2020 |
2021 2020 727 840 136 0 0 225 1,065 5 450 1,933 1,515 |
|---|---|
Agency Collections - Current Liabilities
(Balance not paid over at Year End)
Donations: These are donations made to other Charities or individuals from the Church's general funds.
It is the Church's policy that, funds permitting, these donations should be at least 10% of the Offertory giving to the General Fund (including any Tax Reclaimed).
| Operation Mobilisation | 0 | 449 |
|---|---|---|
| Mercy Ships | 1065 | 0 |
Agency Collections: These are donations received in response to specific appeals for other Charities, Organisations or Individuals.
These donations are then passed on in full to the appropriate Charity, Organisation or Individual.
Charity Number 1130459
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