Havant and Emsworth United Reformed Church Charity Report of the Trustees and Financial Statements For the year ended 30th June 2024 Our Mission Statement "To Show People Jesus, by welcoming all, sharing lovc., Havant and Emsworth United Refonned Church is registered as a charity Number 1130507
Havant and Emsworth United Refornied Church ltdtx to the Financial Statements Fot the year ended 30th Juné 2024 Rtport ofthe Thtss Report of the Independent Examiner Ststemtnt of Finattcial Aetivitiès Income and expenditure Account Notes to the Financial Statemcnts
Havant and Emsworth United Refornied Church Charity Annual Report For the year ended 30th June 2024 Administrative InforntiOn Registered as a charity nnmber 1130507 Registered corrwndeDce addrtts: N(Ylh StreeL HavanL HapSh1r 14)9 IPP ley Warren (Church Secretary) David IL Smith Philip IL Maddocks Andrew G. Jackson (freasurer) Pame]a M. McBimie Bridget M. Maddo¢ks Sheila M. Stadc aJristiDe E. Shaw Elaine M. Wood Rev. David J. Williams . Bankers CAF Bank Limited HSBC Bank plc Lloyds Bank plc 25 Kings Hill AVlle 312 IA)ll(k Road 4 West Street Kings Hill Waterlooville Havant West Malling P07 7DX P09 IPF ME194JQ Independent Examiner Nigel N Valette Ac Hartin& Matr Roa¢ Hay]ing Islan¢ Hamh1[e POI I OQR Page I
Havant and Emsworth United Refornled Church Report of the Trnstees For the year ended 30th June 2024 The Trustees submit their report and th¢ financial statem¢nts for the year ended 30th June 2024. Thc Charity is governed by an approved goveTlling docutnent issued by the United Refornied Church (URC). The objects clause of that document has not change4L The object of the Charity is the advancement of the Chrlstian faith for the benefft ofthe public in accor with the Scheme of Union of the URC. The Trustees Trustees of the Charity are the serving Elders of the church. They ate elected by the members to serve for a period of three year& at the end of which they nwy be eli1)]e to offer themselves for Te- Clection. Nominees for Eldership must mem1rS ofthe church and have Eeen so for at least one year. Election of Elder3 takes place at the church's Annual General Meeting in October. Whilst no fornial training is give as Tnrt Elders are encouraged to take advantsge of such trustee training oppoitunities as are available. Trust$ receive no remuneration ill resp of their duties but are reimbursed for expenses prOty incurred in the course of their work. Objeelives and activi Since I" July 2019, Havant and Fmsworth United Reftirnied Church (the Church) has opei*ing under the t¢rn]s of 'Y)ne Church on Two Sites". enabling the congregations in the towns of Havant and Effjsworth to contillue their separate WOTship and outreach activities but with admiillstration being carried out &s a single entity from HavanL The WO of the Church is mainty ¢entred in the area bounded by the Borough of Havan( maintaining pastornl links with other churche4 both United Refornied and other denominations within a ten-mile radius of the Borough. Regular public worship for all is provided at the church buildings in Havant and Emsworth (the churchesl promoting th¢ Christian fait providing trdiniD& nurture and activities for children and young people, serving the community. giving pastoral care and support to manbffs and others in ll¢ particularly those in sickne4 distress, povety and b¢r¢avemenL The churthes also provide premises and r¢sourL%S for community groups and athitses. The TrUstS believe they have iJ)dividually and collectively complied with the duty imp)sed by section 4 of the Clwtties Act in having due ryard to guidance published by the Charity CoJDmission in T¢SCt of worship for the public benefiL Achievements and perfornL2nce As in previous years, the Church is currentty without a minister, and visiting preachers have continued and will continue to lead worship at both Havant and F}swOrth. This wes the congregation a variety of voices and viewp)ints in the promotion of Cbristian Faiity and enables the Church to provide regular public Wolp for all. The Church is also bl¢&sd with a numbff of lay pr&whers and a retired minister who gTaciousty give of their time. In April 2024, Reverend Tim Clarke's term as the Church's tnterim Minith came to an end. Reverend Clarke's interim ministy commenced in the autumn of 2022 as an intentional missional process to help the Church through a time of change and trdnsition in between ministrieA. From the Page 2
Havant and Emsworth United Reforned Church Report of the Trustees (continu) For the year ended 30th June 2024 A¢hitvéments performattet (eontinued) Outset he acted as a changc agents promotlng positive change and healthy congregational life and witness. The Church Meeting expressed its gratefiil thanks for his work in helpitig the church through some ditricult issues IA the eighteen Allonths of his pttsell¢¢. As wiithiunitat¢d in last yeat's repo¢ thè Wessèx Synod of thc United Refornd chUh looked at thc Gr¢ation of a Solent Cluster of chutch¢5 in thc 'South East Rcgion. of thc Wc55ex Synod. The suggcstion was for a small number of mini5ta3 to bc deployed across the Solent Clustcr. This has be¢n taken forward with enthusiasm by the delegates of the six churGhes In the Cluster tijrough th¢ meetings through the year to develop the fixmeworf( fot the ÈhurcliÈs to work together. This l¢d to the productioti of a profile of thé eltsster that was sént out to miiiistcrs to garÉiet ititetest iii leading the six churches. As a rEsulL there was a 'Preach with a View. iv¢¢kend in July 2024 where a ¢andidate led services artd Met VA'th church mefftbers. Unfortunat¢ty, this weekend did not result iti a ¢allitig. The Cluthr ivill cofititlllé its séarch for its" firs1 iiiitilster.. The Church Meeting made the ditficult decisiort to cease its regular sttvices of worship at thg Ethsworth ehutch building with" effect from 3 1st December 2024: Thè Church gave thanks to God for the wotship, Inissiort and iilitsiffj that hag been assotiated with the Eth8%vorth chiirth builditt& and asked the Wessex Synod of the-united Refornied Church to make tht necessary arrangements for its closure, In addition, thé Church continucy to undertaké the fvllowing a¢tivitirs: _ a Baby Oroup for car¢r5 with babies up to one year old. A project that éAieourtged membtrs to fiitithaisè for the tharity -mission Aviatloti Fellowship". who are serving together. by thè love of ChnsL to bring help. hope, aod healing to ibolated people iti the World tbrougii aviAtioi By the end of thé fitiwicial yeat £1,120 had bèén ciillécted. Nots that th¢ prcvioiis church ptojéct for thc -second ChIce, charity concluded at the end of 2023 with a cheque for £1.450 bBing to thé charity. "Snack and Chae, gathcring OD Saturday morning5 offtring hot soup artd coffee5 for a donation and the Monday F¢llowghip group continues to provide kmuch-needed friendghip. Friday coffee mornitigs at Em8WOrth Continu to be well attended to offer support to the curnmunity, and considcration is king givcll on how thi5 can continuc aftcr to closure of the Emswortb Church building. The church is looking forward positi'vely to the futur4 as a people of possibility proclaiming the good news of Jesus An word and in deed around Havant and Émsworth. Flnancial Revltw The ordinary activities of the Church in the year resulted in a sury)lus of £14,597. A mqior income itèm in the yeat was £42,000 iii illwestricted legatit8 froiii théthbtrs who remett)bered the Chut¢h ift Pagc 3
Havant and Émsworth United Refornied Church Report of the Trn8ttts (continued) For thÈ ytat Èndéd 30rh Jimt 2024 FinaDcial Review (continued) their Wills. The Church is very grateful to these members and miss their presence in our communlty. But we also acknowledge that death is a transitson from our earthly ljfe to our eterna"I life wrth God in heaven. This gives us hope and comfort during tunes of loss. However, thÈrÈ wer¢ a nUthr of ¢osts that have to be iti¢urrEd as w¢ll, iti¢luding th¢ r¢gular paythents to the Ministy and Missiott (M&M) Futtd of the ¢¢tttrdl United Refotthed Chut¢h, The URC Fitiance Conmiittee have expressed thanks to Our church for meeting the M&M reqItement iti full. In additiofy the church buildings still required repair4 intEnance and &etsking. The Church is bl¢ss¢d with (xsh and ¢thI inv¢stsn¢nts to ¢nSU that it can meet its objeotives and continu¢ its activities for years to come. The objective of having T¢Sv¢s equivalent to SOO/0 of the Church's annual expenditure has been achieved. Nevertheless, the Elders will continue to èxercise VI1all¢e over expendAture. Page 4
Indeijèiideiit EX11111t,5 rEpOtt to thÈ MtthbÈts ofHavant Einsworth United RefoYthÈd Church I rq)ort on th¢ accounts of the church for the year ended 30 June 2024 which are set out on pages 6 tu 13. RÈaptttiVt rt8pottsibilitie8 of Thtstees attd Examitier The Trust¢cs are responsible for th2 preparation of the accounts. Tht Trustee8 consider that an audit is not requed for this year (under section 144 (2) of the Charities Act 2011) (the 201 l Act) and that a iridcpendent èxantination iy needed. It is my ré5ponsibility tu: examine the accotsnts (under section 145 of the 201 l Act); tu fvllow the procedures laid down in tbc Gcncral Dircctions givcn by thc Charity Commissioncr5 (under seetiott 145(5Xb) of the 201 I AGt)" and to stats whtther particular matters hav¢ comé to lliy attéIiti0. Basi¥ of indeildÈllt éxain" inér's réport My eKqmination was carried out in accordance with the General Directions given by the Charlty Commission. An eination includes a review of the accounting rxords kept by the church and a cothpariyon uf the accounts presented with those record& It also includes consideration of any unusual items or dIlOsureS in the accounts, and seeking explanations from you &s Trustees concernAng any such matters. The procedures undertaken do not provide all the evidence that would be WUAred m an audit, and consequently no opmion is 'Ven as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out An the statement below. Indépéndént exainiilèr's Statéthent connection with my eaMinatiO no matter has come to my attention: (l) wliicli giveg ine reasonable cause to believe that in any rIal respect the requirements • to kéep accounting records iii acCordl¢e Ivith sèction 130 i)f thè 201 I AGt: wid to prepar¢ aGlAThtS which a¢¢ord with tTrAe a¢UntIng records and comply with the aecouttting *¢quirém¢nts of th¢ 2011 Art hav¢ not beén mét; or (2) to which, in my opinioo attention should be drawn in order to enable a proper understanding of the accounts to be reached. ..Nigcl N Valettc Ac 24 Scptcmbcr 2024 Harting, Manor Ro2. Hayling Island POII OQR Page 5
llavaDt and Emswortii Uiirteqi Refohbed eblltth Ststtment of Finaneial ActtYitit¥ for the yekr ended 30th Juthe 2024 Notès Ge&1 iksignatd Resar1ea 2023 Intoniing rèlOurcé - Voluiitary rtsourttj Direct li11)8- iteéWill o£Y¢rin8S Indtrcct gAvinE - gfift ald Grunts re1Vable D0t'0eX¢tPIl0l}éI ih¢othe Gilb for oth¢r u$¢$ Fund-raising Misc¢llevu¥ iiic(>iiiè Hall and prom-letting income Invcstmcnt ineoftn¢ Monday Fellowship ule$tic[ea le8aci¢s tnsuran¢¢ receipt Total Ancoming resourcej 35J30 36.702 7367 516 3.636 1971 2,192 2J97 178 178 15.909 3.943 14.710 3.086 14 520 520 42,th 26,448 520 3.636 111 Outgolng expended lo the ehureh'8 mission Mirii51ry ld mission 26,427 26,427 4.288 2,734 4.177 46,675 10,665 313 Musi¢ ¥nd Worship. Junior Baby GfOUP Glftg to OULs£dÈ eause¥ 3A17 3 4&802 9.467 3,617 100 9A67 219 Monday Vellowshi Coyts of changing inveslments Total outgoing resources Net incomingJ(ou¢oiriB) resources before tr8nsfer8 Transfers between Net In¢omingl(olltgoing) rejources before invutniètht as8¢tl f¢valkntloh dtsPO¥al 219 91943 97 59 21 19 (i) 14N7 (4) 3,360 (2) (2) aitls l(los¥ès) on rtvAtu&iuhldiS). sal of investment assets Ntt inereastl(dttrea8e) its futtdj Fd balanc blfwd 1.723 3.078 5,784 14,595 3,097 18 5,785 23A95 £ 3&225 £ 129.103 £ 1,882 £ 65.532 £ 234.742 52 820 £ 1_3UOO_£ 1900 £ 71317 £ 258J37 5.500 £ 229242 £ 234 742 Pag¢ 6 '"I"T* fii?te5 ixl pagE5 9 10 13 rotill Pth1 ofthis Stsl¢thefii
HavaDt atsd Ethsworth United Refornd Chttr¢h Incqiiiiè and Expéndititte Attoofjt or thé yéar énded 31)th Jumè 2014 Notés 2024 2023 Total JDeome FWO envelopes and standing orders FWO loose Gift aid InTicStnient income (3rdn(s rèceivable D(>nution Ftifid raising Oifts for iwsc5 oiilsidr til¢ l(Kal cliiwdi Lkttiny*¥ .. Hav11 Me¢liiig Plucc and werside hall Ingutaftce receipt FIoi¥er fund 33.664 33,664 35JOO 1,402 11,142 3,086 3.943 516 516 954 15.909 26,448 178 Total intoffje 107&10 95234 Expétiditiiit 26,427 4,530 Manse. uLilities and insurnnEe Music and wor8hip Jufiiof ohurth Loral Mission prnj¢ots CatetskinE. ary - expcnsts, house costs Church and halls- heating and lighting - utilities and insuranc¢ 2345 51 274 16,438 6.085 1,792 31 524 14,71)0 3,470 9.383 51 274 16,438 6,085 7,723 7,945 10,611 7,945 10,611 300 3231 10,465 soo 3.467 Donations to catssts othide the lo¢al ¢hut Printing4 Postage and stationery Sufidry ¢xpcn Costs of changing Investments Flow¢r8, Kitchen and Coffee Bar ex Deprttiation of fixed assets Loan Interest Total exp¢Dditure 3231 2J53 747 3,683 747 387 4.169 2,943 92.943 (Dellelt) I Sttrplus of lotome les5 expendituit £14 597 £14 The notes on page$ 9 w 13 foftn part of this
H2vant and Emsworth United Refonlled Chureh Balance Sheet as at 30th June 2024 Notes [ 2024 2023 Tangible Fixed Assets 40939 44.622 Investments Stocks and shares 103563 94,701 Debtors Prepayments and deferred income Bank and cash balances 10 17,778 8820 91,192 117,7 8,773 7,893 84287 100.953 5.534 11 12 Net currtt assets 113,735 95.419 Total assets less current liabiliti¢s 234,742 Cr[torS - atllounts falling due after one year Totsl assets Icss liabilitses £ 258237 £234,742 Church Funds Unrestricted . general Unrestricted . designated RestrACted Endowment 52020 132200 38,225 129.103 1,882 65.532 £234,742 13 £ 258237 The Fioancial Statements were approved by the Elders. Meeting of Havant and Emsworth United Refornied Church and siglled on its behalf by Signature gu-5 I Page 8 The notss on pages 9 to 12 forni part of this statement
Havallt and Emsworth United RefonnÉd Church -N-otes to tbe Financial Statements for the year ended 30th June 2024 l. Accounting poli¢ies The Financial Statements have been prepared in aCrdance with applicabl# Unlted Kmgdom accounting Standards, the 'Statem¢nt of Recottknnended Pra¢ti¢e' ('SORP') (FRSSE) issued by the Chatlty Commi55i0ncrs and thc Charities Act 2011. Thc historical cost c()nvcntion is éxcept for the valuation of certain f¢d assets, whose valuation basis is detailed in Notc la below. The accruals basis of accounting has been adopted. Th¢ principal accounting p)licies are applied consistentty. a) Fixed Assets Ftttiiold Property All frethold property used by and for th# ehiirGh, wnsistitig of the ehuith alld halls. the manSÈ and 2 Elni Latte is vested iti the Utiited Rtforined Church (Wésséx) Ttust Limited 2nd fortll5 no part of these Financial Statements. Organ, Sound equipmen( fixtures and fittings and other equipment Depreciation 15 provided on all fixed assets at ratts calculatsd to write off" the cogt or valuation, less estimatd residual valu4 of each asset on a straight-line b&sAs over Ats expected useful life, as follows.. - 25 years depreciatAOtt In tqual itistahn¢nts Sound Equipment 10 years depreciation in equal instalmcnts Furnith, fixtures and fittings over a valu¢ of £500 - 3 years depreciation in equal instalments b) Investment knets are stated at nwknt valucs on the Balance Sheet date. ) Fundy Endtsiythettt fvnds: are furtds the eapital of whi¢h mt]st be maintttintd; only inGome arisitig from Invéstment of thé étsdownièrit May be uscd éith¢r restrictèd or utiréstricted fund5 dcpettditig upon thé purposc for which the endowment was ¢stablished. Restricted funds. represent a) incom¢ from trusts or endowments which may b¢ ¢xFnded only on those restricted objects provided m the ternis of the trust or bequesL and b) donations or grants received for a specific object or invlted by the church for a sp¢¢ifi¢ object The futt& thay only be expgrtd on the spccific object fot %Yliith théy WP¢ givéll. Atty balahcé rÈthaiiiing unspe.nt at the ertd of éadi year thust bt arricd forward as a balwice on that futtd. Unrestricted funds: ar¢ general funds which can be used for the church's ordinary purposes. Deyignated funds: are sum5 yet aside out of thc Gcncral Fwidy for specific dcsignatcd purposes. They can bc tran5f¢rred back to unrestricted funds at any time. d) Incoming resources are all accounted for gross. Planned giving: Collections and donations are recognised wben received. Indirect giving" Tax refunds are recognised &s soon as the amounts are claimablc. Grants and leg%les are accounted for when the church is legally entitled to the amounts due. Investfftent iACOffte" Dividends are aCuntEd for when receivable. interest Is &ccrneiL All ofhér iiiconit is generally recognised whén it As retéivablé. e) Outgoing resourtts Ministry" and Missloti pa-ythénts are madé r¢8ulÈtly al are itscluded in ¢xpEn' difiitt flir thé year to w.hi they relate. Amounts rec¢ived specifically for causes outside the local- churc-h ar¢ dealt with as restricted fund3 and the liability for payment is recognised when the amounts are receive All other ¢xptnditure is generally recogntsed whtn it 18 Èncurred, Elders and offi¢¢rs te¢eivÈ no femuheration church funds. Page 9
Havattt and Ethyworth United Refornied Church StatÈititilt of Trllsttts? Respottsibilitit Chatity law rtquites th¢ Trust¢C5 to ptc. parc finaTicial statcmcnts for cach financial ycar which givè a true and fair view of the financial state of affairs of the church and of the surplu5 or deficit of the church for that period. In preparing those fllmncial statements, the elders are required to sel¢¢t suitable accounting policies and then ¥ppty them ¢onsistendys rriak"¢ Judg¢ffiits wid e5tiziiatès that aré rèa50nablè and prud1( prepare the finallcial statements on the going concern b&sis unless it is inappft)priate to presume that the church will continue to function as a place of public worship. Thé Truytccs atc rc5ponsiblc for kwiiig propcr accounting rccords whiGh dI]05r with rca50nabl accuracy at any time the financial position of the church and to enable them to ensure that the financial 8tatements comply with the Charities Act 1993. They are also r¢sw>nsibl¢ for safeguarding the assets of the church and hence for taking reasonable Steps for the prevention and detection of fraud and other irregularities. Page 10
Havant and Emsworth Unite<i Retornitd Chureh Notes to the Finaiitial StAteiiRènts for the ytar endtd 30th 2024 (conthued) 2024 2023 2. GrnDts receiveable. Grant from URC (Wessex) Trust Ltd for'Baby Group, 3. Investment In¢om& Dividends Ballk intcr¢st 2905 1,038 Donations received by the church for its charitable activities 954 5. DonYdGoDs received for CYdU8es outsidé thé local chui*h. Comiiiitment for Life M-ission Aviation F-ellowship lJ39 1.517 591 365 859 Mcmillan Cancer Support Disasttrs EIngettty Cothiiiittte Futids - Ukraihè l Tiirkey / Syrt'a The Leprosy Mission World Visio Havant Passion Play Christian Aid Naomi House Aid Beacon food bank Sundry 248 154 50 40 39 35 11 20 123 3,636 6. Genernl Admintstrntion Expen8e& There wa5 no remuhération Or othér benéfrt wcruing direcdy or indité¢tly Oiit of the eliureli's futtd$ to a Thistee or to a Trnstee's close family connection In the ended 30 June 2024 (or 2023). During thc year thc Church's insurance policy provided the Trustees with Truste¢s and Offici¢rs Ind¢mnity cover cosin8 £113.63 (2023: £113.63). No other Trustse's personal expenses Wére reitiibutsed by the church during 2024 (or 2023). 7. Ministry" & Miss"ion. The annual stipend cost of a minigter is £41,947 (2023: £39,891). whlch mcludes pension provision attd employers National Insutattct contributiott, Page 11
Havant and Eiiisivorth Uiiited Reformed Ciiureii Nottt to the Fijjancial Statements for the year ended 31bÈh Jmne 2024 (tonthiued) & Flxed A8 Sound Furnishings eqUipMt and fixtuteg Cost Balan( at 1.7.23 scrap.ped ill year Purchased iii yéHr Balanee at 30.6.24 Deprecigtion Balance at 1.723 ScrapFtd in year ch¢wgéd iii yéiT Dajance at 30.6.24 Net book vakno At 30.623 At 30.624 30539 87.165 3éL326 3.051 5579 33.913 42543 231 46.226 40939 9. Inve8*ment8. 2024 2023 C05t Endowment fundy COIF CILarities Ethi(xl Inv>tnent Futtd 23,043 3.0949 71J18 71 18 £ 65,211 Unreytrlcted Deslgnated funds chan'ties Ethical thtresthiehi Fudd 10,419 3,0949 32 32 45 45 Total Investments 10. D¢btor& 2023 Estimated 8mount oftax claim unts gift llid Lega¢y E¥tate of Membep Other Debtors) including lettmgs at Havant Meeling Plare IS477 8.151 622 Il. Bafik 8nd HSBC tsattk plc LAF Bank Ltd Lloyds Curr¢nt Lloyds Deposrt &lc Lltyds Trew Bonds Petyc 3,193 784 24,404 46,646 20,176 45,IXIO 124 35 84 12. Creditor Amounts payable wlthln one year. PAYE Accrued ei<pen Gas and ¢ItrICity Members, loans 2A56 2,022 3.220 292 549 Pagt 12
Havattt attd Em$worth United Rèformtd Chllrth Notes to the Financial Statefftehts for the year tnded 30th Junè 2024 (eotttihued) 2023 13. Unrestricted De81gDated fund& Lift Èlliergtn¢y ÈallJOUt te3¢rv¢ Securities at mid-market valuÈS Saturday lunGh¢s reservc Monday Fellowshfip funds (see note 14) Legacies ttceived less partially expended 1200 29.167 409 212 98.115 £ 129.103 32344 9&AIS £ 132 14. Monday Fellowship ttsfid BaianGè blfwd Amounts received m fre¢will offorings Amounts paid to sp¢akers and charity representitiv&4 Balancé clfiyd 212 321 584 693 212 soo Th"é séparatè f1claI eontrol of the Mottdty Felloivthip fuiid di3coiitinued on 18tb May 2015 and Its financial 2e(ivlties 8re now incorporafed into the thurch:s OveMII fitithiÉial cthithil, but tli¢ Félloiyship ntmues as a discrete outreach of the ehuteh. 15, Capitsl commltments. At th¢ ¢nd of the finanGial year the church had no capital commIth]eR (2023: £ ML). Page 13