Charity Number 1130504 Avenue Saint Andrew's Southampton United Reformed Church Charity Report and Financial Statements Year Ending 31 December 2023
Contents Legal and Administrative infomation Page 2 Structure, G0Veman and Management Page 34 Objectives and ActNities Page 4-5 Financial Review Page 6-7 Plans for Future Periods Page 8 Report of the Independent Examiner Page 9 Statement of Financial Activities Page 10 Balance Sheet Page11 Notes to the Financial Statements Pages 12-20
Avenue St. Andrew's Southampton Unlted Refomied Church Charity Trustees, Report for the year ended 318t December 2023 Legal and administrative infomiation Avenue St. Andrew's Southampton United Refonned Church Charity is a member of the national United Reformed Church and is a Registered Charty (Number 1130504). It is also a member of the South West Hants Group of the United Reformed Church (SWHG) that includes: Avenue St Andrew's URC Isaac Watts URC Addresses Avenue St. Andrew's URC, The Avenue. Southampton. S017 1XQ The United Reformed Church, 86 Tavistock Place. London. WC1 H 9RT Trustees for the year ended 3111212023 being:" S Dawson. J McGavin". M Howard, P Humphreys. S Wallingford" "Denotes retired 3111212023 Appointed 11112024: A Gosling SWHG Ministers Rev'd Dr S Hall Community Worker Ms R. Gange Secretary Miss S. Dawson Treasurer Mrs B D'souza Independent Examlners Fiander Tovell Limited, Chartered Accountants, Stag Gates House, 63164 The Avenue. Southampton, S017 1XS Bankers CAF Bank, West Malling, Kent TSB, Hh Street. Southampton. HSBC, 55 Above Bar, Southampton (for AMC)
Avenue St. Andrew's Southampton United Refom)ed Church Charity Trustees, Report for tho year ended 31st December 2023 The Trustees, who are the Elders of Avenue St Andrew's Southampton United Reformed Church Charity, present their report and financial statements for the year ended 31 December 2023. The trustees have adopted the provisions of the Statement of Recommended Practice {SORP) "Accounting and Reporting by Charities" in preparing the annual report and financial statements of the charity. The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply wtlh the charity's governing document, the Charities Act 2011. Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their a¢¢ounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019 and guidance given by the national URC. Structure. Governance and Management The charity is called -Avenue St. Andrew's Southampton United Refomied Church Charity. and comprises all assets and funds held by and on behalf of the 'Avenue St. Andrew's Southampton United Reformed Church" other than properties held under the trusts declared in Schedule 2 of the United Reformed Church Act 1972 (as amended by the United Reformed Church Acts 1981 and 2000) and those held on other specificalty declared twsls. The charity is governed under Trusts distilled from the United Reformed Church Acts (1972, 1981 and 2000) and Scheme of Union (1972). Those members of the Elders, Meeting of Avenue St Andrew's Church who are qualrfied to serve as charity tnjstees are collectively the Charity Trustees and are appointed and shall act in accordance with the pri)cedures for the time being laid down by the Church Meeting of Avenue St. Andrew's Church which shall be in conformity with the Scheme of Union of the United Refonned Church. The Elders of the Church are nominated by four Church Members and their names are taken to the Church Meeting to be considered. If appointed they have an induction meeting with the Minister and are strongly encouraged to attend an annual training day. Elders are appointed to serve a three year term. The Elders meet regularly (at least 10 times per annum) under the chairmanship of the Minister in order to fvlfil their obligations as Trustees of the Charity. The Elders are assisted in the govemance of the Charity by a Management Committee of Elders and Members of Avenue St. Andrews. The prime objective of the Management Committee is'.- To assist the Elders in the responsible management of the Church's resources and to promole the principle of sound governance in all activities.
Avenue St. Andrew's Southampton United Reformed Church Charity Trustees, Report for the year ended 31•t December 2023 The Management Committee consists of a minimum of five members ofAvenue St Andrew's Church and will include the Minister, the Chair, the Church Treasurer, the Church Secretary and a church member. The Chair of the Management Committee is elected by the membership of the Church at the Church's Annual General Meeting. Objectlves and Actlvltles The charity considers it fulfils the requirements of charitable purpose and public benefit as set oul in the Charities Act 2011. In reviewing its aims and objectives and in planning activities the charity has considered the Charity Commission guidance on public benefit. Alms and Objoctlves The aim of the charity is the advancement of the Christian faith for the benefit of the public in accordance with the Scheme of Union of the United Reformed Church. The mission statement adopted by Avenue St. Andrew's is.. 'Believing worship to be central to our lives we see our mission as continuing to grow, both as indivKluals and as a fellowship, so as to further our Christian service and witness within the communty and the world." The charity has set the following objectives:. Promoting the Christian Faith Teaching the faith to all ages. Providing training, nurture and activities for children and young people. Serving Ihe community. Giving pastoral care and supporl to members and others in need, particularly those in sickness, distress or povety. Providing premises and resources for community groups and activilies. Actlvltles and Achievements The church continues to meet its objectives through a range of church based activilies. We continued with in person worship, but included live streaming where possible. We moved into the concourse for worship in colder months to conserve heating costs. Re ular Worshi Weekly Sunday worship with activities for children Joint worship activities with other church in South West Hants Group Bible Study and prayer groups
Avenue St. Andrew's Southampton United Refomied Church Charfty Trustees, Report for the year ended 31st December 2023 Communi Links Avenue St. Andrew's is dedicated to providing good links with the communty. As part of its oUta¢h work the church supports a number of projects, including:_ The Avenue Centre So¢iallFitness activities for the over 60s The Avenue Multicuftural Centre for asylum seekers and refugees Avenue Community Choir Monthly Coffee and Cake mornings Green Living Group, in cooperation with the Catholic City Centre parish. During 2023 one of the charrties with whom the church works in partnership to provide the Avenue Multicultural Centre, the Southampton and Winchester Visitors Group, took over the responsibilty for its running, though the input of church members is still integral to the work. We are Continuing to employ a part time Community Worker to worf( broadening links between the church and the communty. The Church also interfaces with the communty through funerals and services of marriage and baptism and in doing $0 seeks to provide support, guidance and comfort to members of the wider communty. Links have Continued with the local community Residents, Association. The Church has established a link with a Gennan Protestant Church in Winnweiler, South West Gemiany, and a group from Winnweiler vistted Avenue St. Andrew's in November 2018. A group from Winnweiler is planned for October 2024. Grant Making Policy The Benevolent Fund is for small grants and donations at the discretion of the Minister of Avenue St. Andrew's. In addition, charities to receive donations from the Communion Fund are agreed annualty by the Elders. Membership At the end of 2023 there were 58 members (2022 - 60 members).
Avenue St. AndW,$ Southampton United Reformed Church Charity Trustees, Report for the year ended 31st December 2023 Financial Review Financial Activities and Results There was a surplus for the year on Halls funds of £30,520 and a deficit on the remaining General Funds before investment losses of £30,099 {ex¢luding transfers tolfrom other funds). giving a combined surplus on General Funds before investment losses of £421. compared to a budgeted deficit of £11 ,484. £1,500 was transferred from the Ministers Fund to the General Fund to part fund the core costs of the communty Worker. £5,615 was transferred from the Legacies Fund to the General Fund to part fund the core costs of the community worker. £1,125 was transferred from the Communion Fund to the AMC fund to support their work. £202 was transferred from the Communion Fund to The CRCW Fund to support Community Pfoje¢ts.£100 was transferred from Legacies Fund to Avenue 2020 Fund to cover outgoings. There were net outgoings from the Solar fvnd of £2,904 and net outgoings from the New AV fund of £2,396. £4,384 was transferred from the General Fund lo SWHG Fund. Unrealised losses on investment assets totslled £490. Unrestricted Church Funds carried forward at the end of 2023 were £153,817 and the totsl including the Halls Fund is £161,357. For the coming year, the Trustees approved the utilisation of reserves (legacies fund) to fund the following major projects'.- £1,500 for charitablelcommunty causes.(AMC) £16.453 (over remaining term) to part fund Communty Worker. £10,000 for building repairs. £44,000 for future roof repairs.(Phase 2) This has now been paused. Major repairs to the church west end and tower have been completed. The cost of phase 1 has largely been met by grants from Heritage lottery, All churches Fund, Congregational and General Charitable Trust, and the Wessex Synod of the United Reformed Church,. together with pledges and fundraising by members and friends, and transferring funds from legacies. Our halls lettings have risen against our 2022 lettings, but are at a reduced level versus pre-pandemic. We do not see this returning back to pre-2020 levels in the near future. We continued to be impacted by high energy costs which meant we reviewed our use of the building and continued to move out of the sanctuary for Sunday services during the colder months. We are budgeting for a £2,524 deficit on the general fund for the year.
Avenue St. Andrew's Southampton United Refornied Church Charity Trustees, Report for the year ended 31st December 2023 Policies Reserves Policy In considering the level of reserves the Trustees take into account the programme of expenditure for the major refurbishment of buildings, special projects and the objective of retaining general reserves at a level equivalenl lo six months of annual running costs. The balance of general reserves (£26,637 exduding Investment Revaluation Fund) equates to 3 months of running costs. We also have £47,000 uncommitted funds in Legacies. The second phase of refurbishment lo the building has been put on hold indefinitely, but there may be a requirement of ren)edial work in the near future. Investments Policy Other than a small holding in the Equities Investment Fund for Charities {Charifund} currently valued at £20.348 all other monies are held in Charity Aid Foundation and High Street bank accounts. Any monies surplus to current account requirements a held in interest bearing accounts. Review of Major Risks The Church Management Committee monitors the major risks to the Church throughout the year. The most signrficant risk relates to the securtty, safety and maintenance of buildings. There are no adverse factors in the community surrounding the Church that should adversely affect membership. However the Covid 19 pandemic has had major implications on buikling usage and rental income. In order to ensure the safety and welfare of Vulnerab individuals using the Church premises. the Trustees have developed and implemenled a Safe-guarding Policy. Recognising the hwJh level of usage of the Church premises by a wide range of the community, the Trustees have developed and implemented a Health and Safety Policy. Insurance covers the risks associated with public liabilty. employee liability, trustee indemnity and the property risks of theft, fire, vandalism etc. The Trustees consider that the Current level of insurance is set at the appropriate level.
Avenue St. Andrew's Southampton United Reformed Church Charity Trustees, Report for the year ended 3151 December 2023 Plans for Future Periods Avenue St Andrew's has made plans for future periods including:" Return to a wider use of the church premises by community groups. Further development of community activities, following the extension of term of a Community Worker. Continued commitment to the development of the Southem Fellowship as its structures evolve and as patterns for shared ministry and resources adapt to changing situations. To adapt to the needs of a changing congregation, in which opportunities for spiritual nurture and growth in faith are seen as priorities. To support Assembly led Uniled Reformed Church initiatives. To plan for a balanced budget with annual expenditure covered by annual income within three years. For and on behalf of the Elders:_ Date:.
Avenue St. Andrew's Southampton United Refomied Church Charity Independent Examinevs Report To the Trustees of Avenue St Andrew's Southampton United Refomied Church Charity I report to the charty trustees on my examination of the financial statements of the charity for the year ended 31 Decernber 2023 which are set out on pages 10 to 20. Responsibilities and basis of report As the charity's truStS you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Acl 2011 {'the Act'l. report in respect of my eXaMinatn of the charity's financial statements carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions gNen by the Charity Commisswjn under section 145(5>(b) of the Act. Indepèndent examinerfs statement I have completed my examination. I confirm that no material matters have come lo my attention in connection with the examination giving me cause to believe that in any material respect: accounting records Vre not kept in resF*Ct of the charity as required by section 130 of the Act- or the financial statements do not accord wf(h those records., OT the financial stalements do not comply wrlh the applicable requirements concerning the form and content of accounts set oul in the Charities {Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. dam Buse, ACA Fiander Tovell Limited Stag Gates House 63164 The Avenue Southampton S017 1XS
STAIEIIENTQF FINANCIALACTMnES FOR THE YEAR ENCD51 DE¢EIIBER2Q23 2022 I>ohiioni nd 4•.3C 64.171 47.7 L•g•x• GTJnti r•wv•ble Oth•rtr•4lTry Fund nMwn4 111AOQ J.335 2,225 2J21 In1•r4 & ?.asJ 1,423 657 Iiwn 25.490 10.01$ 11,071 Z.JJ2 2.116 2.11• 2,JJ2 Oth Tol•l ITrGorn• 11.83• ••J 71.3 7.$01 1J,170 11.007 Exp•ndknv• URC WThiiry & Fwd ¢ommuThr¥ Wrrt•r 35.279 37Jll JS.1?J 12.777 2.ms 37,741 11,771 ¢)ffit4 Coil c4£huf¢h Orw •xporbw• Oon•tior4 io chb•Ir 42 1.491 582 34.893 6•.707 S,J69 1.514 41.771 1.3M 2N•7 3.si• ),ii• 371 2.439 8.581 15.5641 6.740 1,1 70ts1 •xpMdw• 87223 27.C 11•.102 79.29t 5.%9 16.369 15.4791 {16.3851 IX.1I•J 13.•611 Il•t l•Xp•ndMuv•¥ln¢*IWth•> lJ.07S1 {1S.Wl iJ,io•J 12.8611 13.11•1 Tryn•hr• b•t•••n lund 2.731 J.9ts7 2,512 .035 4.523 Itl,101) (•.90JI 1.J34 viJ4o A•Gon¢lH•ttoTr ollpjnth". blhvd l JInU103) lJ7.079 ,600 146.982 26.710 210.W Totslfwth elPA 31 D•Mmkn 20# 36.591 124.786 16.6)S 3J.gZ9 1J7.479 2e.o94 nol•s w pw 12tsJ 20f(om 10
AVENUE ST ANOREWS SOLfniAMPTON REFORMEDCHURCH CFL•RITY BALAPICE SHEET A5 AT 31 DECEIABER 2023 20Z2 FIx4d a8$4ts Tawitle assets 12 13 4.81B 20.348 25.186 10.e83 20.838 31.521 15 18.589 150.54$ 169.)34 36,367 Cash attk in hand I,597 •y•x 16 116.>)71 {13.0161 152.827 167.681 177.993 1W.102 17 36.591 124.7té 137 079 161.3S7 171.( 19 16.636 Tot*1 lundb 177.993 199.102 Date30 /,/ik
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ITE5 TO T FINAMCLAL STATEhlEKfs. FOR THEYEAR EKÉts31 DÉCÈMBÈR 2023 Totsi 2023 To 22 376 376 123 1.241 140 1.241 87 120 120 F I I I 123 123 S7 129 ut Sl Jamp sGfLAuc 148 375 140 375 140 3.519 3.519 12 TA1 FL¥EDASSETS To ai 11112023 873 39,752 thspa •3111212023 39752 302 ès * 3111212023 36.115 I bfy)k¥J•4s 31112r2WIJ 4.818 4818 NBt bookvskn1¥13111212r 10.683 10. ltrl9.309. 16
NOTES TO TME FL4tr4C14L STATeMEwfs. FOR THEYEENDEDal DÉeÉMW¢212J FIXEDA¥SET k•l vu• At 1 2023 At31 D¢¢ernber 2023 IM & G CIW1Wj 10.391 IV.391 FINAPIL NSTrIIMENTS irnauntafflnrtWsMI DE8TORS 28.148 7.621 1•,589 16 12.8L 10.475 2,7 13,016 16.)7 17
IKITES TO FINANCklL STATEMEiifs. cOrtnu•d FOR THE YEAR ENDE031 DE¢EIIBER 2fy23 l•1RESTRTED FUI Totsi 14165 10.4M iOW4 121.573 1872231 I4) 2,751 .$91 2.199) 4.976 14>Jl 32.ni 19.C87 )(¥J)I Totrl 10.jx $7.Ta4 67. 11.8n 14.625 1B.102 32,727 7S. 111.936 179.2WI 11,2291 2.512 11.En I1.) tr$1$ J2.512 16.465 10.444 1B CRCW NtrwAV lAV Totsi 126,611 7214 137.m 126.61e 137S1 15.61• 7.214 137.079 (2.3561 1S.6751 ExpenaJm Trnisfer TrSffrryn Fwd {2.) Tr$ert0 AMCfL¥vJ Traislw toAvervJe 20201 {1.124 11.1251 4818 124 7e6 IlvAV T4)MI 131.397 S.W7 9.610 146,982 2501 9.61D 149.453 {2.3961 IS.3691 15,6801 133, SA)7 I2.3> Trt0 GE1[lur TrS[trI CLYPVrw Fw T1$e1 t¢ NeWAVieJfW Tr$181 io *V4C IL 15.6801 {1.5m) 11,yx)I 1fK) 7214 137.079 126,618
FOR THEYEAR ENCED J1 DECEIIBER 202J RETRTED FIftIDS Nv*AV 3.761 1SS 11ml 1(X) IlwAV Tal 11.681 4.661 1S.701 117.9511 13.5191 11.327J 127.rn41 s.7 3.611 16.636 135 5.261 3.761 C MIWAV Total 9.324 13.170 14.97D 16.7401 3.4$1 12.4391 tT.CQOI 116.3$91 4,523 1545 11.681 19
TE¥ TO T F&IeL STATEMglTS.Mrfd FOR THeYE•X ENVE031 DECEMBER 2023 25.166 99.eys 12751 2S.166 I8.W)4 150.515 12.1661 31.866 4.725 124.766 16.W6 17799J 31x1 26.453 14423D rJ.351 1(&t23 21.710 137.079 2B.rfj4 199.1D2 21 RÉLAIÈDPARTY TPM&4CTS