2023-12-31-accounts - Central,derby,united Reformed Church Charity

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		Page
Legal and administrative	information
Elders' Report
Trustees' Annual Report
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet
Notes to the Financial Statements		10-20

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								Total	Tota I
				Unrestricted	Designated		Restricted	2023	2022
					Funds	E	Funds E	Funds	Funds
Income
Donations &Legacies				18,650		4,596	8,626	31,872	38,01
Charitable activities				7,968				7,968	6,50
Other trading activities				63,830		10	1,254	65,094	80,50
Investments				6,750		94	183	7,027	5,59'
Other				7,649			44	7,693
Total Income (Note	3)			104,847		4,700	10,107	119,654	130,62
Expenditure
Charitable activities
Premises Costs				55,004		7,079	6,108	68,191	130,36
Ministerial Costs				42,273				42,273	42,07
Costs ofActivities				1,658		469	8,454	10,581	12,56'
Grants payable and	restricted	donations	passed on	2,246			6,980	9,226	9,99
Governance costs				8,891			113	9,004	7,87-
Other				1,925		4,232		6,162	3,50
Total Expenditure (Note 4)				111,997	11,780		21,660	145,437	206,38
Net Gains/(Losses)	on Investments			48,781				48,781	-49,49
Net Income / (Expenditure)				41,631	-7,080		-11,553	22,998	125,25
Transfers Between	Funds
Gross Transfers Between Funds - In							21,113	21,113
Gross Transfers Between Funds - Out				21,113				21.113
Net Movement In Funds				20,518		-7,080	9,560	22,998	125,25
Total Funds Brought Forward				1,608	560,388		175,117	737,113	862,36
Total Funds Carried	Forward			22,126	553,308		184,677	760,111	737,11

			2023	2022
Fixed Assets
Property			192,008	192,008
Organ &Pianos
Recreation Equipment
Church Equipment			16,001	19,155
Total Tangible Fixed Assets (Note 2)			208,009	211,163
Investments
COIF Investments			432,423	383,514
M & G Investments				6,347
Total Investments	(Note	7)	432,423	389,861
Current Assets
Debtors and Prepayments		(Note 8)
HSBC			69,629	78,092
HSBC 3F's account			2,716	2,625
COIF Deposit Funds			53,724	62,876
Cash
Total Current Assets			126,069	143,593
Current Liabilities (Note		9)	-6,390	-7,505
Net Current Assets			119,679	136,088
Net Assets			760,111	737,112
Represented by Funds
Unrestricted Fund			22,126	1,608
Designated Funds			553,308	560,387
Restricted Funds			184,677	175,117
			760,111	737,112

	Organ &Pianos	Church		Brayfield	Total	E
	E	E		E
Cost
As at Jan 2023			66,473	192,008	258,481
Additions
Disposals
As at Dec2023			66,473	192,008	258,481
Depreciation
As at Jan 2023			47,318			47,318
Charge ForThe Year			3,154			3,154
Disposals
As at Dec2023			50,472			50,472
NBV as at Dec 2023			16,001	192,008	208,009
NBV as at Dec2022			19,155	192,008	211,163

Year Ended 31December 2023	Year Ended 31December 2023
INCOME
					Total	Total
		Unrestricted	Designated	Restricted	2023	2022
		Fund	Funds	Funds	Funds	Funds
		E		E	E	f
Donations 8 Legacies
Identified Offerings		13,304			13,304	14,379
Unidentified Offerings		2,135			2,135	967
Donations & Bequests		2,045	4,483		6,528	12,220
Gift Day		1,160			1,160	850
Tax Recovery
Government Grants
Activities & Events
Members Subscriptions			113	8,298	8,417	9,255
Transport Subscriptions				328	328	344
Total ofDonations	&Legacies	18,650	4,596	8,626	31,872	38,015
Charitable Activities
Room Lettings		7,968			7,968	6,503
Printing
Total Charitable Activities Income		7,968			7,968	6,503
Other Trading Activities
Fundraising		2,013	10	472	2,495	2,917
Property Rentals		37,420			37,420	46,332
Manse Letting
Service Charges		24,397		782	25,179	31,256
Total ofOther Trading Activities
Income		63,830	10	1,254	65,094	80,505
Investments
COIF Interest		2,813	94	183	3,090	1,861
Dividends		3,937			3,937	3,738
Total Investment	Income	6,750	94	183	7,027	5,599
Other Income		7,649			7,693
TOTAL INCOME		104,847	4,700	10,107	119,654	130,622

					Total	Total
		Unrestricted	Designated	Restricted	2023	2022
		Fund	Funds	Funds	Funds	Funds
Cost of Charitable Activities
Premises Costs
Staff Costs		24,012	1,923		25,935	27,449
Insurance		5,762			5,762	5,547
Heat, Light &Water		19,629		500	20,129	18,642
Maintenance &Repairs			3,663		3,663	71,641
Other Premises Costs		5,601	1,493	5,608	12,702	7,083
Total Premises Costs		55,004	7,079	6,108	68,191	130,362
Ministerial Costs
M & M Contribution		40,860			40,860	39,672
Group Ministry Costs
Central's Ministry Costs		1,413			1413	2394
Organist &Music
Church Gifts
Total Ministerial Costs		42,273			42,273	42,077
Costs ofActivities
Other Gifts		200		40	240
Activities, Events 8 Hospitality		243			243
Transport for Activities			50	1,180	1,230	1,134
Trainers' Fees				3,320	3,320	3,200
Food for Activities		283	231	3,542	4,056	4,216
Telephone &Internet		679			679	1,876
Materials &Consumables		253	188	34	475	2,210
Equipment Purchases	&Repairs			338	338	23
Reprographic Materials &Services
Total Costs ofActivities		1,658	469	8,454	10,581	12,659

						Total	Total
Year Ended 31December 2023			Unrestricted	Designated	Restricted	2023	2022
			Fund	Funds	Funds	Funds	Funds
			E	E	E	E	E
Grants payable and restricted donations		passe	d on
Local Outreach			245		6,491	6,736	5,789
National &International	Outreach		2,001		489	2,490	4,205
Total Grants payable and restricted
donations passed on			2,246		6,980	9,226	9,994
Governance Costs
Administration Costs			6,229			6,229	4,725
Independent Examination	Fees		2,520			2,520	2,908
Bank Charges			142		113	255	245
Total Governance Costs			8,891		113	9,004	7,878
Total Cost ofCharitable	Activities		110,072	7,549	21,655	139,275	202,880
Other Expenditure
Depreciation				3,153		3153	3,153
Derby A2C
Other			1,925	1,079		3009	348
Total Other Expenditure			1,925	4,232		6162	3,501
TOTAL EXPENDITURE			111,997	11,780	21,660	145,437	206,381

				I/I IU C IO IO '0 C LL	OQ C E0	Ql t/ I/I Qc	OQ Ql C Ld 0 OO 0 I/I 0 O	IU o I/I IO	IO uC IQ 0 IO 1U IU C IO IL U
Unrestricted Fund
General Fund				1,608	153,628		-111,997	-21,113	22,126
Total Unrestricted		Fund		1608	153628		-111,997	-21,113	22,126
~di tdl	d
Asset Fund				208,633			-3,153		205,480
Bequests Fund				165,329	4,010		-2,653		166,686
Maintenance Fund				27,679		28	-3,206		24,501
Ministers Discretionary			Fund	164					164
Monday Afternoon
Fellowship				2,290		123	-94		2,319
Property Fund				38,108			-360		37,748
Social Fund				235					235
Turner Bequest(church)				116,385					116,390
Youth Fund				1,566		533	-2,314		-215
Total designated	funds			560,388	4,699		-11,780		553,308
Restricted Funds
Flower Fund				69					69
Nativity Fund				91					91
Outreach Fund				-13,118		538	-6,980	21,113	1,553
Recreation Society		Fund		11,840					11,840
Service Charge	Fund			53,162		782	-5,608		48,336
Turner Bequest	(Recreation
Society)				116,645					116,645
3 F's Fund				6,427	8,788		-9,072		6,143
Total Restricted	Funds			175,117	10,108		-21,660	21,113	184,677
TOTAL FUNDS				737,113	168,435		-145,437		760,111

				Value at 1
				January
				2023				Gain/Loss	Value at
					Purchase		Sale	in Year	31-Dec-23
						E	E	E	E
COIF Ethical	Investment	Fund
Income Units	(Bequest	Fund)		159,594				15,675	175,269
Accumulation	units (Property		Fund)	34,409				4,530	38,939
Accumulation	units
(Turner Bequest Church		Fund)		84,655				11,145	95,800
COIF Global Equity Income Fund
Accumulation	units (Turner Bequest
Church Fund)				104,856				17,559	122,415
Accumulation	units (Property		Fund)	6,347			-6,347
				389,861			-6347	48,909	432,423

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				2023	2022
Accruals
Staff &Admin		Costs		2,729	2,652
Independent		Examination	ofAccounts	2,500	2,500
Outreach						731
Energy				2,158	1,994
Bank Charges						10
Service Charges				367		646
Water				121		73
Trainer						80
Deferred	Income			-5,844	-1,181
Business	Rates			3,969
Bookkeeping				308
Expenses				71
				6,390	7,505

		Unrestricted	Designated		Total
		Fund	Funds	Funds	Funds
Tangible	Fixed Assets	2,530	205,480		208,010
Investments		76,484	352,769	3,170	432,423
Current	Assets	-55,060	52,336	128,792	126,068
Current	Liabilities	-2,221	-328	-3,841	-6,390
Net Assets		21,733	610,257	128,121	760,111